L&T Technology Services

    LTTS
    IT
    ₹3337.40
    price as of 11/9/2026, 5:27:53 pm

    Market cap ₹35,405 Cr

    P/E
    27.68
    Day range
    ₹3,322.10 – ₹3,370.10
    52-week range
    ₹3,010.00 – ₹4,726.00
    Volume
    32,052
    Open
    ₹3,370.00
    Prev close
    ₹3,377.90
    52-week range, adjusted for splits and bonuses
    ₹3,010₹4,726
    13 Mar 20264 Dec 2025
    Index membership
    NIFTY 500NIFTY MIDCAP 150

    Price history

    6M change +7.75%RSI (14) 34.9 NeutralSMA 20 · 50 overlaid

    Price & delivery on the exchange

    NSE bhavcopy to 11 Sept 2026 · delivery 43.5% today vs 42.5% average · BSE close ₹3,334.95

    1 Apr23 Apr15 May5 Jun24 Jun15 Jul3 Aug21 Aug11 Sept₹3,000₹3,250₹3,500₹3,750₹4,0000%25%50%75%100%
    • Delivery
    • NSE close
    • BSE close

    High delivery with a rising price suggests buyers holding rather than trading the move.

    Key metrics

    P/E (TTM)
    27.1
    EPS (TTM)
    ₹124.36
    ROE (FY26)
    20.4%
    ROCE (latest year)
    27%
    Dividend yield
    1.72%

    Charts & trends

    From company filings. Amounts in ₹ crore.

    Revenue 3Y CAGR
    +11.1%
    Profit 3Y CAGR
    +3.0%
    Revenue YoY (Jun 2026)
    +11.4%
    Profit YoY (Jun 2026)
    +13.0%
    Operating margin
    19.0%
    Net margin
    12.1%

    Revenue, profit & margin - quarterly

    Bars in ₹ crore (a loss shows red); line is operating margin

    Sep 2023Mar 2024Sep 2024Mar 2025Sep 2025Jun 20260 Cr750 Cr1.5K Cr2.3K Cr3.0K Cr0%5%10%15%20%
    • Revenue
    • Net profit
    • Operating margin

    Who owns the company

    Shareholding as of Jun 2026

    • Promoter
    • DII
    • Public
    • FII

    Cash flows

    Where cash came from and went, by fiscal year (₹ crore)

    Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026-1.5K Cr-750 Cr0 Cr750 Cr1.5K Cr
    • Operating
    • Investing
    • Financing
    • Free cash flow

    Return on equity

    Net profit over shareholders' equity, by fiscal year

    FY17FY18FY19FY20FY21FY22FY23FY24FY25FY260%9%18%27%36%15%

    Equity vs debt

    Shareholders' equity against borrowings (₹ crore); line is debt-to-equity

    Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 20260 Cr2.0K Cr4.0K Cr6.0K Cr8.0K Cr0.0x0.0x0.1x0.1x0.1x
    • Equity
    • Debt
    • Debt / equity

    Financial statements

    ₹ Crore
    Quarterly results, oldest period first, figures in rupees crore
    Line itemSep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
    Sales2,3862,4222,5382,4622,5732,6532,6382,6382,9802,7872,8582,940
    Expenses1,9111,9342,0352,0062,1072,1582,2052,1972,4892,2892,3362,392
    Operating Profit476488503456466495433441491498521548
    OPM %20%20%20%19%18%19%16%17%16%18%18%19%
    Other Income41625662653480836693134
    Interest131313131216161616151714
    Depreciation687275737873818193868687
    Profit before tax436466471433441440416427448406449481
    Tax %28%28%28%27%27%27%25%26%27%25%26%26%
    Net Profit316337341314320320310316329303333357
    EPS in Rs₹29.84₹31.79₹32.24₹29.63₹30.20₹30.45₹29.38₹29.79₹31.01₹28.55₹31.33₹33.62

    From company filings, updated 11 Sept 2026. Consolidated figures where the company reports them.Information only, not investment advice.

    Strengths, risks & growth

    Incorporated in 2012, L&T Technology Services is an engineering and technology services company, a subsidiary of Larsen & Toubro, providing design, development, testing, and maintenance services across products and processes. [1]

    Strengths

    • Company is almost debt free.
    • Company has been maintaining a healthy dividend payout of 44.9%

    Risks

    None flagged by the checklist.

    Compounded Sales Growth

    10 Years
    +14%
    5 Years
    +15%
    3 Years
    +11%
    TTM
    +10%

    Compounded Profit Growth

    10 Years
    +12%
    5 Years
    +16%
    3 Years
    +6%
    TTM
    +10%

    Stock Price CAGR

    10 Years
    —
    5 Years
    -5%
    3 Years
    -10%
    1 Year
    -21%

    Return on Equity

    10 Years
    +25%
    5 Years
    +23%
    3 Years
    +23%
    Last Year
    +22%

    Strengths and risks are a machine-generated checklist, not advice; growth is compounded annually over each period.

    Shareholding pattern

    Percentage of shares held by each category at each quarter end
    HolderSept 2025Dec 2025Mar 2026Jun 2026Change
    Promoter73.58%73.58%73.57%73.52%-0.05 pp
    FII4.67%4.22%3.86%4.13%+0.27 pp
    DII14.13%14.57%14.64%14.05%-0.59 pp
    Public7.63%7.62%7.93%8.29%+0.36 pp

    Filed with NSE for Jun 2026: promoters 73.52%, public 26.48% · XBRL filing

    Analysts & fund holdings

    41%
    41% recommend buy
    27 analysts cover the stock
    Valuation vs Software
    P/E27.7 vs 22.5
    Sector P/B5.70
    Beta1.47

    Who holds the shares, quarter by quarter

    Mutual funds 3.69% (-0.63 pp)
    Mar 25
    Jun 25
    Sept 25
    Dec 25
    Mar 26
    Jun 26
    • Promoters73.5%
    • Foreign institutions4.1%
    • Mutual funds3.7%
    • Insurance9.5%
    • Other domestic institutions0.9%
    • Retail6.6%
    • Others1.7%
    Mutual funds holding the most
    Fund% of company% of fund3-month change
    Sundaram Mid Cap Fund0.47%1.22%+0.23 pp
    SBI Midcap Fund0.47%0.74%-0.45 pp
    ICICI Pru Technology Fund0.39%1.10%+0.06 pp
    SBI Dividend Yield Fund0.30%1.35%+0.16 pp
    HDFC Multi Cap Fund0.24%0.44%+0.05 pp

    Scorecard

    Performance
    Low
    Valuation
    High
    Growth
    Low
    Profitability
    High
    Entry point
    Good
    Red flags
    Low

    Analyst coverage, holdings and scorecard from market data; not a recommendation by Parasram India.

    Corporate actions

    • dividend
      ₹40.00

      Dividend - Rs 40 Per Share

      22 May 2026
      ex-date
    • dividend
      ₹18.00

      Interim Dividend - Rs 18 Per Share

      27 Oct 2025
      ex-date
    • dividend
      ₹38.00

      Dividend - Rs 38 Per Share

      6 Jun 2025
      ex-date
    • dividend
      ₹17.00

      Interim Dividend - Rs 17 Per Share

      25 Oct 2024
      ex-date
    • dividend
      ₹33.00

      Dividend - Rs 33 Per Share

      14 Jun 2024
      ex-date
    • dividend
      ₹17.00

      Interim Dividend - Rs 17 Per Share

      27 Oct 2023
      ex-date
    • dividend
      ₹30.00

      Dividend - Rs 30 Per Share

      7 Jul 2023
      ex-date
    • dividend
      ₹15.00

      Interim Dividend - Rs 15 Per Share

      27 Oct 2022
      ex-date
    • dividend
      ₹15.00

      Annual General Meeting/Dividend - Rs 15 Per Share

      7 Jul 2022
      ex-date
    • dividend
      ₹10.00

      Interim Dividend - Rs 10 Per Share

      25 Jan 2022
      ex-date
    • dividend
      ₹10.00

      Special Dividend - Rs 10 Per Share

      26 Oct 2021
      ex-date
    • dividend
      ₹14.50

      Annual General Meeting/Dividend - Rs 14.50 Per Share

      8 Jul 2021
      ex-date
    • dividend
      ₹7.50

      Interim Dividend - Rs 7.50 Per Share

      26 Oct 2020
      ex-date
    • dividend
      ₹13.50

      Annual General Meeting/Dividend - Rs 13.50 Per Share

      8 Jul 2020
      ex-date
    • dividend
      ₹7.50

      Interim Dividend - Rs 7.50 Per Sh

      30 Oct 2019
      ex-date
    • dividend
      ₹13.50

      Annual General Meeting/Dividend - Rs 13.50 Per Share

      11 Jul 2019
      ex-date
    • dividend
      ₹7.50

      Interim Dividend - Rs 7.50 Per Share

      1 Nov 2018
      ex-date
    • dividend
      ₹12.00

      Annual General Meeting/Dividend Rs 12/- Per Share

      13 Aug 2018
      ex-date
    • dividend
      ₹4.00

      Interim Dividend - Rs 4/- Per Share (Purpose Revised)

      14 Nov 2017
      ex-date
    • dividend
      ₹4.00

      Dividend - Rs 4/- Per Share

      14 Aug 2017
      ex-date

    Company announcements

    Company Update
    Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS

    Intimation attached for allotment of 8,725 shares.

    Company Update
    Receipt Of No-Objection Letters From The Stock Exchanges For Reclassification Of Promoter Group

    L&T Technology Services Limited has informed the Exchange about Receipt of No-objection letters from the Stock Exchanges for Reclassification of Nabha Power Limited from Promoter Group ....

    AGM/EGM
    Shareholder Meeting / Postal Ballot-Outcome of Postal_Ballot

    Submission of Voting Results of Postal Ballot under Regulation 44 of SEBI (Listing Obligation and Disclosure Requirements), 2015 along with a copy of Scrutiniser's Report.

    AGM/EGM
    Shareholder Meeting / Postal Ballot-Scrutinizer"s Report

    Submission of Scrutiniser's Report for the Postal Ballot Notice dated August 3, 2026.

    Company Update
    Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

    L&T Technology Services Limited has informed the Exchange about Schedule of Analysts or Institutional Investors Meet.

    Company Update
    Disclosure Under Regulation 30 Of The Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements), Regulations, 2015 ('SEBI Listing Regulations') - Update On Transfer Of Smart World And Communication Business Unit

    L&T Technology Services has informed the Exchange regarding completion of sale of Smart World and Communication Business Unit of the company to AMI Paradigm Solutions Private Limited, pursuant ....

    Company Update
    Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

    L&T Technology Services Limited has informed the Exchange about Schedule of meet.

    Company Update
    Announcement under Regulation 30 (LODR)-Newspaper Publication

    Copy of Newspaper clippings related to transfer of Equity Shares to the Investor Education and Protection Fund (IEPF) Authority is attached.

    Company UpdatePrice-sensitive
    Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order

    L&T Technology Services Limited has secured a landmark engagement valued over $ 75 million from a leading global technology enterprise.

    Company Update
    Announcement under Regulation 30 (LODR)-Investor Presentation

    Copy of Presentation to be made to the analyst(s)/investor(s) during "Non-Deal Roadshow" scheduled to be held from August 18, 2026, till August 21, 2026, is attached.

    Company Update
    Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

    L&T Technology Services Limited has informed the Exchange about Schedule of meet.

    Company UpdatePrice-sensitive
    Announcement under Regulation 30 (LODR)-Credit Rating

    NSE Sustainability and Ratings and Analytics Limited, a SEBI registered ESG Rating Provider, has independently revised the Company's ESG score from "74 to 75".

    Company Update
    Announcement under Regulation 30 (LODR)-Press Release / Media Release

    L&T Technology Services Limited has informed the Exchange regarding a press release dated August 11, 2026, titled "L&T Technology Services Launches AgenticlQ, an End -to-End Agentic AI ....

    Company Update
    Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

    L&T Technology Services Limited has informed the Exchange about Schedule of meet.

    Company Update
    Announcement under Regulation 30 (LODR)-Newspaper Publication

    Newspaper Clippings related to Dispatch of Postal Ballot Notice is attached.

    Filed with BSE (scrip 540115); the last 45 days. Documents open at bseindia.com.

    Documents

    Annual reports

    Earnings calls

    Credit ratings

    Documents open at BSE or the rating agency that issued them.

    Sourced from the company's NSE XBRL filing dated 15 Jan 2025 (unaudited). View the source filing. Figures are as filed and are not investment advice.