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 17-Mar, L&T Technology Services Ltd's stock price is slightly rising at 3,327.00, outperforming its sector today. Despite a recent 5.68% weekly gain, the stock has a year-to-date decline of 25.38%, indicating a mixed outlook for investors.

As of 17-Mar, L&T Technology Services Ltd's stock price is experiencing a slight rise, currently at 3,327.00, with a change of 1.1 (0.03%) upward. This increase can be attributed to several factors. Notably, the stock has outperformed its sector by 0.85% today, indicating a positive performance relative to its peers. Additionally, there has been a rise in investor participation, with a delivery volume of 72.11k on 16 March, which is up by 9.61% compared to the 5-day average delivery volume. <BR><BR>However, it is important to consider the broader context of the stock's performance. Over the past week, L&T Technology Services has shown a significant increase of 5.68%, contrasting with the Sensex, which has declined by 2.73%. Despite this short-term gain, the stock has faced challenges in the longer term, with a year-to-date decline of 25.38% and a 1-year return of -25.34%. <BR><BR>The company's fundamentals remain strong, with a healthy average Return on Equity (ROE) of 23.28% and consistent growth in net sales and operating profit. However, the stock's performance has been hindered by flat results in December and a low Return on Capital Employed (ROCE) of 26.56%. Overall, while the stock is currently rising slightly, its long-term performance has been below par, contributing to a mixed outlook for investors.

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

As of 18-Mar, L&T Technology Services Ltd's stock price is rising to 3,360.35, reflecting a short-term gain despite significant long-term declines of -24.63% year-to-date and -26.95% over the past year. The stock's recent performance is overshadowed by challenges, including decreased investor participation and underperformance compared to broader market indices.

As of 18-Mar, L&T Technology Services Ltd's stock price is rising, currently at 3,360.35, reflecting a change of 25.8 (0.77%) upwards. This increase can be attributed to a recent positive performance trend, as the stock has gained for the last two days, resulting in a total return of 1.04% during this period. Additionally, the stock has outperformed the benchmark Sensex over the past week, with a return of +8.49% compared to the Sensex's -0.21%.<BR><BR>Despite this short-term rise, it is important to note that the stock has faced significant challenges over longer periods. Year-to-date, it has declined by -24.63%, and over the past year, it has generated a return of -26.95%. The stock's performance has also been below par compared to the broader market, as it has underperformed the BSE500 over the last three years, one year, and three months.<BR><BR>The stock's recent rise occurs in the context of a sector that has seen gains, with the IT - Software sector increasing by 2.62%. However, the stock's performance today has underperformed its sector by -1.85%. Furthermore, there has been a notable decrease in investor participation, with delivery volume falling by -34.96% against the five-day average, indicating a potential concern for sustained upward momentum.<BR><BR>In summary, while L&T Technology Services Ltd is currently experiencing a rise in stock price due to recent gains and sector performance, it faces significant long-term challenges and underperformance that could impact future movements.

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

As of 19-Mar, L&T Technology Services Ltd's stock price is declining at 3,314.50, down 1.36%, following a trend reversal after previous gains. Despite strong long-term fundamentals, the stock has underperformed significantly over the past year and faces challenges reflected in decreased investor participation and flat recent results.

As of 19-Mar, L&T Technology Services Ltd is experiencing a decline in its stock price, currently at 3,314.50, which reflects a change of -45.85 (-1.36%). This drop follows a trend reversal after two consecutive days of gains. The stock has underperformed significantly over the past year, generating a return of -28.52%, which is considerably worse than the BSE500 index. <BR><BR>In terms of recent performance, the stock has outperformed its sector by 1.95% today, but the broader IT - Software sector has fallen by -3.29%. Additionally, there has been a notable decrease in investor participation, with delivery volume on 18 March falling by -37.63% compared to the 5-day average. <BR><BR>Despite some positive long-term fundamentals, such as a strong average Return on Equity (ROE) of 23.28% and healthy growth in net sales and operating profit, the stock's recent performance indicates a struggle. The company has reported flat results, with the lowest Return on Capital Employed (ROCE) at 26.56% and Earnings Per Share (EPS) at Rs 28.55. This underperformance in both the near and long term, combined with a fair valuation compared to peers, suggests that the stock is facing challenges that contribute to its current decline.

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

As of 20-Mar, L&T Technology Services Ltd is facing a decline in its stock price, currently at 3,235.15, with a year-to-date drop of -27.44% and a negative trend across various time frames. Despite strong long-term fundamentals, recent poor performance metrics are contributing to the stock's bearish trend.

As of 20-Mar, L&T Technology Services Ltd is experiencing a decline in its stock price, currently at 3,235.15, which reflects a change of -76.4 (-2.31%). The stock has underperformed significantly, with a consecutive fall over the last two days, resulting in a total drop of -3.92% during this period. <BR><BR>In terms of performance metrics, the stock has shown a negative trend over various time frames, including a -5.60% decline over the past week and a -4.81% drop over the past month. Year-to-date, the stock has decreased by -27.44%, which is notably worse than the benchmark Sensex, which has fallen by only -12.54% during the same period. Over the last year, L&T Technology Services has generated a return of -30.44%, further indicating its underperformance compared to broader market indices.<BR><BR>Today's trading activity also reflects weak investor participation, with a delivery volume of 29.16k on 19 March, which is down by -60.91% compared to the 5-day average. Additionally, the stock is trading below its moving averages across multiple time frames, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, which suggests a bearish trend.<BR><BR>While the company has strong long-term fundamentals, such as a healthy return on equity (ROE) of 23.28% and low debt levels, these positive factors are overshadowed by recent poor performance metrics, including flat results in December and a low return on capital employed (ROCE) of 26.56%. The combination of these factors contributes to the current downward pressure on the stock price of L&T Technology Services Ltd.

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

As of 23-Mar, L&T Technology Services Ltd's stock price is declining at 3,085.65, down 4.62%, with a year-to-date return of -30.79%, significantly underperforming the Sensex. Despite strong long-term fundamentals, recent performance has been disappointing, marked by declining investor interest and trading below moving averages.

As of 23-Mar, L&T Technology Services Ltd is experiencing a decline in its stock price, currently at 3,085.65, which reflects a change of -149.5 (-4.62%). The stock has been underperforming significantly, with a consecutive fall over the last three days, resulting in a total decline of -8.17% during this period. <BR><BR>In terms of performance relative to benchmarks, the stock has shown a -30.79% year-to-date return, which is notably worse than the Sensex's -14.70% during the same timeframe. Over the past year, the stock has generated a return of -33.94%, while the Sensex has only declined by -5.47%. This underperformance is further highlighted by the fact that the stock is currently trading close to its 52-week low, just 1.26% away from Rs 3,046.85.<BR><BR>The stock's trading metrics indicate a lack of investor interest, as evidenced by a significant drop in delivery volume, which fell by -36.16% compared to the five-day average. Additionally, L&T Technology Services is trading below its moving averages across various timeframes, indicating a bearish trend. <BR><BR>Despite some positive long-term fundamentals, such as a strong average return on equity (ROE) of 23.28% and healthy growth in net sales, the recent performance has been disappointing. The company reported flat results in December, with the lowest return on capital employed (ROCE) at 26.56% and earnings per share (EPS) at Rs 28.55. This combination of poor short-term performance, declining investor participation, and a lack of upward momentum in the stock price contributes to the ongoing decline in L&T Technology Services Ltd's stock.

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

As of 24-Mar, L&T Technology Services Ltd's stock price has risen to 3,152.95, up 2.18%, following a trend reversal after three days of decline and increased investor participation. Despite trading below moving averages and a significant year-to-date decline, strong long-term fundamentals may support future growth.

As of 24-Mar, L&T Technology Services Ltd is experiencing a rise in its stock price, currently at 3,152.95, reflecting an increase of 67.3 points or 2.18%. This upward movement can be attributed to several factors. Firstly, the stock has shown a trend reversal, gaining after three consecutive days of decline, which indicates a potential shift in market sentiment. Additionally, it opened with a gap up of 3.24% today and reached an intraday high of Rs 3,185.6, suggesting positive trading momentum.<BR><BR>Moreover, the stock has outperformed its sector by 0.82% today, indicating stronger relative performance compared to its peers. There has also been a notable increase in investor participation, with delivery volume rising by 18.21% against the five-day average, which reflects growing interest among investors. <BR><BR>Despite these positive indicators, it is important to note that L&T Technology Services Ltd is trading below its moving averages across various time frames, which may suggest underlying weaknesses. Furthermore, the stock has faced significant challenges over the past year, with a return of -31.34% and a year-to-date decline of -29.28%. However, the company's strong long-term fundamentals, including a healthy return on equity and low debt-to-equity ratio, may provide a foundation for future growth, contributing to the current rise in stock price.

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

As of 25-Mar, L&T Technology Services Ltd's stock price is rising to 3,211.00, up 1.84%, driven by recent gains and increased investor participation. However, it remains below key moving averages and has a -30.21% return over the past year, indicating potential long-term challenges despite strong fundamentals.

As of 25-Mar, L&T Technology Services Ltd is experiencing a rise in its stock price, currently at 3,211.00, reflecting an increase of 58.05 (1.84%). This upward movement can be attributed to several factors. Firstly, the stock has outperformed its sector by 1.83% today and has shown consecutive gains over the last two days, with a total return of 4.06% during this period. Additionally, there has been a notable increase in investor participation, as evidenced by a delivery volume of 68.87k on 24 March, which is up by 66.35% compared to the 5-day average.<BR><BR>Despite these positive short-term indicators, it is important to note that the stock is trading below its moving averages across various time frames, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. This suggests that while there is a recent uptick in price, the stock may still be facing challenges in maintaining a longer-term upward trajectory.<BR><BR>The company also boasts strong long-term fundamentals, with an average Return on Equity (ROE) of 23.28% and healthy growth in net sales and operating profit. However, it has faced significant declines in stock performance over the past year, with a return of -30.21%. This indicates that while the stock is currently rising, it has been underperforming in the longer term, which could affect investor sentiment moving forward.

Which are the latest news on L&T Technology?