L&T Technology

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

As of 28-Aug, L&T Technology Services Ltd's stock price is rising at 3,570.10, following a trend reversal after four days of decline. However, it has underperformed its sector and shows signs of declining investor participation despite strong long-term fundamentals.

As of 28-Aug, L&T Technology Services Ltd is experiencing a rise in its stock price, currently at 3,570.10, with an increase of 33.95 (0.96%). This upward movement follows a trend reversal after four consecutive days of decline. Despite the stock's recent performance, which has underperformed its sector by 2.42%, the overall market for IT - Software has gained by 3.33%, indicating a positive sector trend that may be influencing investor sentiment.<BR><BR>The stock's current price is higher than its 20-day, 50-day, and 100-day moving averages, although it remains lower than its 5-day and 200-day moving averages. This suggests that while there has been a short-term recovery, the stock is still navigating through a longer-term downward trend, as evidenced by its year-to-date decline of 19.93% compared to the Sensex's drop of only 9.34%.<BR><BR>Additionally, the company has demonstrated strong long-term fundamental strength, with an average Return on Equity (ROE) of 23.08% and healthy net sales growth at an annual rate of 15.31%. The company is also net-debt free, which could contribute to positive investor perceptions. However, a decrease in investor participation, as indicated by a 13.96% drop in delivery volume against the 5-day average, may temper the stock's upward momentum.<BR><BR>In summary, while L&T Technology Services Ltd is currently rising in price, this is occurring against a backdrop of recent underperformance and declining investor participation, despite strong long-term fundamentals and a positive sector trend.

Which are the latest news on L&T Technology?

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

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, among others, bringing diverse expertise to the company.

The management team of L&T Technology includes the following key individuals:<BR><BR>1. **A M Naik** - Chairman (Non-Executive)<BR>2. **S N Subrahmanyan** - Vice Chairman<BR>3. **Amit Chadha** - Managing Director & CEO<BR>4. **Abhishek Sinha** - Whole Time Director & COO<BR>5. **Keshab Panda** - Director<BR>6. **Sudip Banerjee** - Independent Director<BR>7. **Narayanan Kumar** - Independent Director<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 team brings a wealth of experience and expertise to the company.

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 ₹2,940 Cr and a net profit of ₹357 Cr as of June 2026. The company has a market cap of ₹38,275 Cr and key metrics include a P/E ratio of 28.00 and a dividend yield of 1.62%.

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, categorized as a Mid Cap company.<BR><BR>History: <BR>L&T Technology Services was incorporated in an unspecified year and has maintained its status as a pure-play ER&D services provider. The latest quarterly results reported are for June 2026, showing net sales and profit figures.<BR><BR>Financial Snapshot: <BR>Most recent Net Sales: 2,940 Cr (Quarterly Results - Jun 2026) <BR>Most recent Net Profit: 357 Cr (Quarterly Results - Jun 2026) <BR>Market-cap value: INR 38,275 Cr (Mid Cap)<BR><BR>Key Metrics: <BR>P/E: 28.00 <BR>Industry P/E: 22 <BR>Dividend Yield: 1.62% <BR>Debt-Equity: -0.39 <BR>Return on Equity: 20.14% <BR>Price to Book: 5.87<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

Who are the peers of the L&T Technology?

L&T Technology's peers include Tech Mahindra, LTM, Persistent Systems, Coforge, Mphasis, Hexaware Tech, Tata Technologies, Inventurus Knowledge, and Netweb Technologies. L&T Technology has average management risk and growth ratings, with a 1-year return of -12.96%, lower than its peers, while Netweb Technologies leads with a 1-year return of 147.00%.

Peers: The peers of L&T Technology are Tech Mahindra, LTM, Persistent Syste, Coforge, Mphasis, Hexaware Tech., Tata Technolog., Inventurus Knowl, and Netweb Technol.<BR><BR>Quality Snapshot: Excellent management risk is observed at LTM, Persistent Syste, Coforge, and Netweb Technol., while Good management risk is found at Tech Mahindra, Mphasis, Hexaware Tech., Tata Technolog., and Inventurus Knowl. Average management risk is noted at L&T Technology. Growth ratings show Excellent growth at LTM, Persistent Syste, Coforge, Hexaware Tech., and Inventurus Knowl, while Average growth is found at L&T Technology, and Below Average growth is observed at Tech Mahindra, Mphasis, and Tata Technolog. All peers have Excellent capital structure except for L&T Technology, which has an Excellent rating as well.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Netweb Technol. at 147.00%, while the peer with the lowest is Mphasis at -5.90%. L&T Technology's 1-year return is -12.96%, which is lower than both of these peers. Additionally, Mphasis and Hexaware Tech. have negative six-month returns.

How big is L&T Technology?

As of 14th August, L&T Technology Services Ltd has a market capitalization of 37,244.00 Cr, with recent Net Sales of 11,564.70 Cr and a Net Profit of 1,320.00 Cr.

As of 14th August, L&T Technology Services Ltd has a market capitalization of 37,244.00 Cr, categorizing it as a Mid Cap company.<BR><BR>In the latest four quarters, L&T Technology reported Net Sales of 11,564.70 Cr and a Net Profit of 1,320.00 Cr.<BR><BR>The latest annual period for the balance sheet is March 2026, with Shareholder's Funds amounting to 6,472.70 Cr and Total Assets of 10,398.20 Cr.

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

Are L&T Technology Services Ltd latest results good or bad?

L&T Technology Services Ltd's latest Q1 FY27 results are positive, with a net profit of ₹356.60 crores, reflecting a 12.96% year-on-year growth, and improved operating margins at 18.65%. However, concerns about sustaining margin expansion amid sector challenges remain.

L&T Technology Services Ltd's latest results for Q1 FY27 are generally positive. The company reported a consolidated net profit of ₹356.60 crores, reflecting a year-on-year growth of 12.96% and a quarter-on-quarter increase of 7.38%. Net sales reached ₹2,940.10 crores, showing an 11.47% increase year-on-year and a 2.88% rise sequentially.<BR><BR>The operating margin also improved, reaching 18.65%, which is a notable increase from 16.71% in the same quarter last year and 18.24% in the previous quarter. This indicates effective cost management despite rising employee costs, which are a significant expense for the company.<BR><BR>Investors responded positively to these results, as evidenced by a 6.49% surge in the stock price following the announcement. However, there are concerns regarding sustained margin expansion and sectoral challenges that the company may face moving forward.<BR><BR>Overall, while the results indicate strong performance in terms of profit and sales growth, ongoing challenges in maintaining margins could impact future performance.

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

The next results date for L&T Technology Services Ltd is April 22, 2026.

The next results date for L&T Technology Services Ltd is scheduled for April 22, 2026.

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.

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.

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.

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.

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.