L&T Technology

What does L&T Technology do?

L&T Technology Services Limited (LTTS) is a global provider of Engineering Research and Development services, with recent net sales of ₹2,982 Cr and a net profit of ₹311 Cr as of March 2025. The company has a market cap of ₹45,549 Cr and key metrics include a P/E ratio of 36.00 and a dividend yield of 1.16%.

Overview: <BR>L&T Technology Services Limited (LTTS) is a leading global pure-play Engineering Research and Development (ER&D) services provider in the Computers - Software & Consulting industry, classified as a large-cap company.<BR><BR>History: <BR>L&T Technology Services was incorporated in an unspecified year and has maintained its status as a prominent ER&D services provider. The latest quarterly results reported are for March 2025, showing net sales and profit figures.<BR><BR>Financial Snapshot: <BR>Most recent Net Sales: 2,982 Cr (Quarterly Results - Mar 2025) <BR>Most recent Net Profit: 311 Cr (Quarterly Results - Mar 2025) <BR>Market-cap value: Rs 45,549 Cr (Large Cap)<BR><BR>Key Metrics: <BR>P/E: 36.00 <BR>Industry P/E: 29 <BR>Dividend Yield: 1.16% <BR>Debt-Equity: -0.32 <BR>Return on Equity: 20.83% <BR>Price to Book: 7.53<BR><BR>Contact Details: <BR>Address: L&T House N M Marg, Ballard Estate Mumbai Maharashtra : 400001 <BR>Tel: 91-22-67525656 <BR>Email: investor@ltts.com <BR>Website: http://www.LTTS.com

Has L&T Technology declared dividend?

Yes, L&T Technology Services Ltd has declared a dividend of 1900% (₹17 per share) with an ex-date of June 6, 2025. While recent returns have been volatile, the company has shown strong growth over the past five years, with a total return of 240.39%.

L&T Technology Services Ltd has declared a dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 1900%<BR>- Amount per share: 17<BR>- Ex-date: 06 Jun 25<BR><BR>Dividend Yield: 1.16%.<BR><BR>Total Returns by Period:<BR>In the last 6 months, the price return was -18.75%, the dividend return was 0.71%, resulting in a total return of -18.04%.<BR><BR>Over the past year, the price return was -8.05%, the dividend return was 1.81%, leading to a total return of -6.24%.<BR><BR>In the 2-year period, the price return was 12.13%, the dividend return was 3.45%, culminating in a total return of 15.58%.<BR><BR>For the 3-year period, the price return was 23.32%, the dividend return was 5.40%, resulting in a total return of 28.72%.<BR><BR>In the last 4 years, the price return was 58.32%, the dividend return was 6.91%, leading to a total return of 65.23%.<BR><BR>Over the past 5 years, the price return was 223.4%, the dividend return was 16.99%, culminating in a total return of 240.39%.<BR><BR>Overall, L&T Technology Services Ltd has declared a significant dividend, and while the recent returns have shown some volatility, the longer-term performance reflects strong growth, particularly in the last five years.

When is the next results date for L&T Technology?

L&T Technology will announce its results on 16 July 2025.

L&T Technology is scheduled to declare its results on 16 July 2025.

Who are the peers of the L&T Technology?

L&T Technology's peers include LTI Mindtree, Persistent Systems, Coforge, Mphasis, Hexaware Tech, Tata Elxsi, KPIT Technologies, Tata Technologies, and Affle 3i. In terms of performance, Coforge leads with a 59.77% 1-year return, while L&T Technology has a return of -10.88%.

Peers: The peers of L&T Technology are LTI Mindtree, Persistent Sys, Coforge, Mphasis, Hexaware Tech., Tata Elxsi, KPIT Technologi., Tata Technolog., and Affle 3i.<BR><BR>Quality Snapshot: Excellent management risk is observed at LTI Mindtree, Persistent Sys, Tata Elxsi, KPIT Technologi., Tata Technolog., and Inventurus Knowl, while Good management risk is found at Mphasis and Affle 3i. Average management risk is noted at Hexaware Tech. Growth is excellent at LTI Mindtree, Persistent Sys, KPIT Technologi., and Affle 3i, while good growth is seen at Coforge. Average growth is present at L&T Technology, Tata Elxsi, Tata Technolog., and Hexaware Tech., and below average growth is noted at Mphasis. Excellent capital structure is observed at LTI Mindtree, Persistent Sys, Coforge, Mphasis, Hexaware Tech., L&T Technology, Tata Elxsi, KPIT Technologi., Tata Technolog., and Affle 3i, while Inventurus Knowl has a good capital structure.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Coforge at 59.77%, while the peer with the lowest is KPIT Technologi. at -31.25%. L&T Technology's 1-year return is -10.88%, which is higher than KPIT Technologi. but lower than the rest. Additionally, KPIT Technologi. and Tata Technolog. have negative six-month returns.

Who are in the management team of L&T Technology?

As of March 2023, the management team of L&T Technology includes A M Naik (Chairman), S N Subrahmanyan (Vice Chairman), Amit Chadha (Managing Director & CEO), and several independent directors, bringing diverse expertise to the company.

As of March 2023, the management team of L&T Technology includes the following individuals:<BR><BR>1. A M Naik - Chairman (Non-Executive)<BR>2. S N Subrahmanyan - Vice Chairman<BR>3. Keshab Panda - Director<BR>4. Amit Chadha - Managing Director & CEO<BR>5. Sudip Banerjee - Independent Director<BR>6. Narayanan Kumar - Independent Director<BR>7. Abhishek Sinha - Whole Time Director & COO<BR>8. Apurva Purohit - Independent Director<BR>9. Chandrasekaran Ramakrishnan - Independent Director<BR>10. Luis Miranda - Independent Director<BR>11. Prajakta Powle - Company Secretary & Compliance Officer<BR>12. Alind Saxena - President & Whole-time Director<BR>13. Aruna Sundararajan - Independent Director<BR><BR>This diverse management team brings a wealth of experience and expertise to the company.

Who are the top shareholders of the L&T Technology?

The top shareholders of L&T Technology are Larsen And Toubro Limited, holding 73.66%, followed by Life Insurance Corporation Of India at 6.92%, and individual investors with about 5.9%. Additionally, 27 mutual fund schemes hold 4.06%, and 172 foreign institutional investors have a combined 5.18%.

The top shareholders of L&T Technology include Larsen And Toubro Limited, which holds a significant 73.66% of the shares as the major promoter. Other notable shareholders are Life Insurance Corporation Of India, with a holding of 6.92%, and individual investors who collectively own about 5.9%. Additionally, the company has 27 mutual fund schemes holding 4.06% and 172 foreign institutional investors (FIIs) with a combined holding of 5.18%. There are no pledged promoter holdings reported.

How big is L&T Technology?

As of 24th July, L&T Technology Services Ltd has a market capitalization of 45,729.00 Cr, with recent net sales of 11,074.30 Cr and a net profit of 1,268.80 Cr.

As of 24th July, L&T Technology Services Ltd has a market capitalization of 45,729.00 Cr, categorizing it as a Large Cap company.<BR><BR>In the latest four quarters, the company reported Net Sales of 11,074.30 Cr and a Net Profit of 1,268.80 Cr.<BR><BR>The latest annual period for the balance sheet is March 2025, with Shareholder's Funds amounting to 6,080.00 Cr and Total Assets totaling 9,627.10 Cr.

Are L&T Technology latest results good or bad?

L&T Technology Services' latest results show strong revenue growth, with a 15.80% year-on-year increase, but profitability concerns arise from a decrease in operating margins to 16.47%. Overall, the results are positive for revenue but raise concerns about profit conversion.

L&T Technology Services' latest results present a mixed picture. On the positive side, the company reported a net profit of ₹328.70 crore for Q2 FY26, which reflects a 4.12% increase quarter-on-quarter and a 2.85% increase year-on-year. Revenue also showed strong growth, reaching ₹2,979.50 crore, representing a 3.96% increase from the previous quarter and a robust 15.80% increase compared to the same quarter last year.<BR><BR>However, there are significant concerns regarding profitability. The operating margin has decreased to 16.47%, down from 18.11% in the same quarter last year, indicating ongoing cost pressures. This margin compression, alongside the relatively low profit growth compared to revenue growth, suggests that while the company is generating more sales, it is struggling to convert that into profit effectively.<BR><BR>Overall, while the revenue growth is commendable and indicates the company's ability to secure new contracts, the erosion of margins and the slower profit growth could be viewed negatively by investors. Therefore, the results can be seen as good in terms of revenue performance but concerning regarding profitability.

How has been the historical performance of L&T Technology?

L&T Technology has shown consistent growth in net sales, increasing from 5,078.30 Cr in Mar'19 to 10,670.10 Cr in Mar'25, with profits also rising significantly. Key metrics like operating profit and earnings per share have improved, indicating strong operational performance and shareholder value.

Answer:<BR>The historical performance of L&T Technology shows a consistent growth trajectory in net sales and profits over the years.<BR><BR>Breakdown:<BR>L&T Technology's net sales have increased from 5,078.30 Cr in Mar'19 to 10,670.10 Cr in Mar'25, reflecting a strong upward trend. Total operating income followed a similar pattern, rising from 5,078.30 Cr in Mar'19 to 10,670.10 Cr in Mar'25. The company's operating profit (PBDIT) also showed growth, reaching 2,102.50 Cr in Mar'25 from 1,137.50 Cr in Mar'19, although it slightly declined from 2,126.30 Cr in Mar'24. Profit before tax peaked at 1,740.70 Cr in Mar'25, while profit after tax was 1,263.50 Cr, indicating a solid profitability margin despite a slight decrease from the previous year. The earnings per share (EPS) grew from 73.62 in Mar'19 to 119.5 in Mar'25, showcasing improved shareholder value. On the balance sheet, total assets increased from 4,272.20 Cr in Mar'20 to 9,627.10 Cr in Mar'25, with total liabilities also rising to 9,627.10 Cr in Mar'25. Cash flow from operating activities remained strong, with 1,481.00 Cr in Mar'25, although cash flow from investing activities showed a negative trend. Overall, L&T Technology has demonstrated robust growth in sales, profits, and assets over the years, reflecting its solid operational performance.

Is L&T Technology overvalued or undervalued?

As of November 27, 2025, L&T Technology is considered very expensive and overvalued, with a PE ratio of 36.33 and an EV to EBITDA of 23.25, significantly higher than competitors like TCS and Infosys, while also underperforming the Sensex with a return of -19.36%.

As of 27 November 2025, L&T Technology's valuation grade has moved from expensive to very expensive, indicating a significant increase in perceived overvaluation. The company is currently assessed as overvalued. Key financial ratios include a PE ratio of 36.33, an EV to EBITDA ratio of 23.25, and a Price to Book Value of 7.50, all of which are considerably higher than industry peers.<BR><BR>In comparison, TCS has a PE ratio of 22.56 and an EV to EBITDA of 15.86, while Infosys stands at a PE of 23.14 and an EV to EBITDA of 15.2, both suggesting that L&T Technology is trading at a premium relative to these competitors. Despite a recent uptick in stock price, L&T Technology has underperformed the Sensex over the past year, with a return of -19.36% compared to the Sensex's 6.84%, reinforcing the notion that the stock is overvalued in the current market context.

Is L&T Technology technically bullish or bearish?

As of December 2, 2025, the market trend is neutral with mixed signals: weekly indicators show mild bullishness while monthly indicators are bearish, resulting in overall weak momentum without clear dominance.

As of 2 December 2025, the technical trend has changed from mildly bearish to sideways. The current technical stance is neutral, with mixed signals across various indicators. The weekly MACD and KST are mildly bullish, while the monthly MACD and KST are bearish, indicating a divergence in longer-term momentum. The Bollinger Bands show a bullish signal on the weekly chart but are mildly bearish on the monthly. Daily moving averages are mildly bearish, suggesting short-term weakness. The Dow Theory indicates a mildly bullish stance on both weekly and monthly time frames. Overall, the strength of the current trend is weak, with no clear bullish or bearish dominance.

Should I buy, sell or hold L&T Technology Services Ltd?

Why is L&T Technology Services Ltd falling/rising?

As of 16-Mar, L&T Technology Services Ltd's stock price has declined to 3,300.50, down 3.69%, due to underperformance against its sector and disappointing financial results. Despite some positive long-term fundamentals, recent trends and a year-to-date decline of 25.97% have led to negative sentiment surrounding the stock.

As of 16-Mar, L&T Technology Services Ltd is experiencing a decline in its stock price, currently at 3,300.50, which reflects a change of -126.45 or -3.69%. This drop can be attributed to several factors highlighted in the data. <BR><BR>Firstly, the stock has underperformed its sector by 3.52% today and has fallen after two consecutive days of gains, indicating a trend reversal. The stock reached an intraday low of Rs 3241, marking a significant decrease of 5.43%. Additionally, the weighted average price suggests that more volume was traded closer to this low price, indicating selling pressure.<BR><BR>In terms of performance over different periods, the stock has shown a year-to-date decline of 25.97%, significantly worse than the Sensex, which has only dropped 11.40%. Over the past year, the stock has generated a return of -24.55%, which is also below the performance of the broader market indices. Furthermore, the company's recent financial results have been flat, with a return on capital employed (ROCE) at its lowest and earnings per share (EPS) also at a low point.<BR><BR>Despite some positive long-term fundamentals, such as a healthy return on equity (ROE) of 23.28% and a low debt-to-equity ratio, these factors have not been sufficient to offset the negative sentiment surrounding the stock's recent performance and its underwhelming results compared to peers. Overall, the combination of recent price movements, poor short-term performance, and disappointing financial results has contributed to the stock's decline.

Which are the latest news on L&T Technology?