LTTS
L&T Technology Services Limited (LTTS) Stock Analysis
L&T Technology Services Limited is an Indian engineering R&D services company providing product design, embedded systems, and plant engineering to global industrials and tech firms. It is part of the Larsen & Toubro group with delivery centres worldwide. Growth is tied to outsourced engineering spend. It is listed on Indian stock exchanges.
Technology › Information Technology Services
₹3,270.10
+0.07% 1W | -26.40% 52W
Market Cap
34.7k CR
P/E Ratio
26.6
52W High
₹4726
52W Low
₹3010
Div. Yield
1.83%
Beta
0.2
50 DMA
₹3425.3
200 DMA
₹3487
Profit Margin
11.7%
Inst. Own.
13.2%
⚠️ BREAKDOWN
📉 CONSOLIDATING DOWN
Fundamentals
Profit & Loss
| Metric | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 2,301 | 2,386 | 2,422 | 2,538 | 2,462 | 2,573 | 2,653 | 2,638 | 2,638 | 2,980 | 2,787 | 2,858 | 2,940 |
| Expenses | 1,849 | 1,911 | 1,934 | 2,035 | 2,006 | 2,107 | 2,158 | 2,205 | 2,197 | 2,489 | 2,289 | 2,336 | 2,392 |
| Operating Profit | 453 | 476 | 488 | 503 | 456 | 466 | 495 | 433 | 441 | 491 | 498 | 521 | 548 |
| OPM % | 20% | 20% | 20% | 20% | 19% | 18% | 19% | 16% | 17% | 16% | 18% | 18% | 19% |
| Other Income | 48 | 41 | 62 | 56 | 62 | 65 | 34 | 80 | 83 | 66 | 9 | 31 | 34 |
| Interest | 12 | 13 | 13 | 13 | 13 | 12 | 16 | 16 | 16 | 16 | 15 | 17 | 14 |
| Depreciation | 57 | 68 | 72 | 75 | 73 | 78 | 73 | 81 | 81 | 93 | 86 | 86 | 87 |
| Profit before tax | 431 | 436 | 466 | 471 | 433 | 441 | 440 | 416 | 427 | 448 | 406 | 449 | 481 |
| Tax % | 28% | 28% | 28% | 28% | 27% | 27% | 27% | 25% | 26% | 27% | 25% | 26% | 26% |
| Net Profit | 312 | 316 | 337 | 341 | 314 | 320 | 320 | 310 | 316 | 329 | 303 | 333 | 357 |
| EPS in Rs | 29.44 | 29.84 | 31.79 | 32.24 | 29.63 | 30.20 | 30.45 | 29.38 | 29.79 | 31.01 | 28.55 | 31.33 | 33.62 |
| Metric | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 2,619 | 3,066 | 3,248 | 3,747 | 5,078 | 5,619 | 5,450 | 6,570 | 8,014 | 9,647 | 9,642 | 10,996 | 11,565 |
| Expenses | 2,220 | 2,547 | 2,663 | 3,172 | 4,164 | 4,509 | 4,442 | 5,155 | 6,303 | 7,728 | 7,852 | 9,061 | 9,506 |
| Operating Profit | 399 | 519 | 586 | 576 | 915 | 1,110 | 1,007 | 1,415 | 1,711 | 1,919 | 1,790 | 1,935 | 2,059 |
| OPM % | 15% | 17% | 18% | 15% | 18% | 20% | 18% | 22% | 21% | 20% | 19% | 18% | 18% |
| Other Income | 25 | 84 | 58 | 193 | 223 | 209 | 154 | 152 | 208 | 207 | 283 | 200 | 139 |
| Interest | 3 | 2 | 2 | 2 | 2 | 36 | 46 | 44 | 44 | 51 | 56 | 64 | 62 |
| Depreciation | 48 | 59 | 62 | 89 | 104 | 183 | 218 | 214 | 232 | 272 | 303 | 345 | 352 |
| Profit before tax | 372 | 542 | 579 | 678 | 1,031 | 1,100 | 897 | 1,309 | 1,644 | 1,804 | 1,713 | 1,726 | 1,784 |
| Tax % | 16% | 23% | 27% | 25% | 26% | 25% | 26% | 27% | 29% | 28% | 26% | 26% | |
| Net Profit | 311 | 419 | 425 | 507 | 768 | 822 | 666 | 961 | 1,174 | 1,306 | 1,264 | 1,281 | 1,322 |
| EPS in Rs | 10.36 | 55.88 | 41.78 | 49.39 | 73.61 | 78.33 | 63.14 | 90.68 | 110.77 | 123.28 | 119.64 | 120.68 | 124.51 |
| Dividend Payout % | 50% | 26% | 29% | 32% | 29% | 27% | 35% | 39% | 41% | 41% | 46% | 48% |
Growth — CAGR
| Metric | 3Y | 5Y | 10Y |
|---|---|---|---|
| Revenue CAGR | 11.0% | 15.0% | 14.0% |
| Profit CAGR | 6.0% | 16.0% | 12.0% |
Shareholding Pattern
Promoters73.59%
FIIs4.84%
DIIs13.86%
Public7.69%
Promoters73.58%
FIIs4.67%
DIIs14.13%
Public7.63%
Promoters73.58%
FIIs4.22%
DIIs14.57%
Public7.62%
Promoters73.57%
FIIs3.86%
DIIs14.64%
Public7.93%
Promoters73.52%
FIIs4.13%
DIIs14.05%
Public8.29%
Promoters73.85%
FIIs6.69%
DIIs8.41%
Public11.06%
Promoters73.74%
FIIs5.52%
DIIs12.09%
Public8.65%
Promoters73.66%
FIIs5.18%
DIIs13.67%
Public7.47%
Promoters73.57%
FIIs3.86%
DIIs14.64%
Public7.93%
Promoters73.52%
FIIs4.13%
DIIs14.05%
Public8.29%
LTTS
Holdings Analysis
Key strengths & risk signals
59
Overall
61
Fundamental
57
Technical
Risks (4)
OVERVALUED! PEG of 14.78 means expensive relative to growth rate.
POOR YEAR! Stock declined 26.4% in the last year.
WEAK POSITION! Current price (3270.1) is below both moving averages.
WEAK! Trading at 15.2% of 52W range - near yearly lows.
Strengths (4)
GOOD STABILITY! Only 1 revenue dip in history. Strong business fundamentals.
BULLISH SENTIMENT! In last 30 days: 11 up days, 19 down days. Avg volume on up days: 121,886 vs down days: 49,618. Ratio: 2.46x
LOW VOLATILITY! Beta of 0.20 - stable stock, less market risk.
NEUTRAL! RSI at 47.5 - balanced momentum.
Fundamental & Technical Analysis
59Overall
61Fundamental
57Technical
Fundamental Breakdown
Growth Quality
13/30
Revenue CAGR: 7.6% (MODERATE, 8/15). Profit CAGR: 1.8% (SLOW, 5/15).
Profit Margin
5/10
DECENT EFFICIENCY! 11.7% profit margin - acceptable profitability.
PEG Valuation
0/10
OVERVALUED! PEG of 14.78 means expensive relative to growth rate.
Dividend Yield
5/10
LOW DIVIDEND! 1.83% yield - minimal income contribution.
Debt to Equity
10/10
VERY LOW DEBT! D/E of 0.09 - excellent financial health.
Public Holding
20/20
VERY LESS PUBLIC HOLDING! 10.51% public ownership - strong promoter/institutional control.
Stability Index
8/10
GOOD STABILITY! Only 1 revenue dip in history. Strong business fundamentals.
Technical Breakdown
Moving Averages
3/10
BEARISH TREND! 50-day average (3425.3) is below 200-day average (3487.0) - negative signal.
Price Position
2/10
WEAK POSITION! Current price (3270.1) is below both moving averages.
Trend Pattern
10/20
BREAKDOWN! Stock has broken below support levels - weakness present.
52W Performance
1/10
POOR YEAR! Stock declined 26.4% in the last year.
Volume Sentiment
30/30
BULLISH SENTIMENT! In last 30 days: 11 up days, 19 down days. Avg volume on up days: 121,886 vs down days: 49,618. Ratio: 2.46x
RSI
3/5
NEUTRAL! RSI at 47.5 - balanced momentum.
52W Range
1/5
WEAK! Trading at 15.2% of 52W range - near yearly lows.
Momentum
2/5
WEAK MOMENTUM! Limited price growth - 0.1% (1 week), -2.8% (1 month), -0.2% (3 months).
Beta
5/5
LOW VOLATILITY! Beta of 0.20 - stable stock, less market risk.
LTTS
Concall / Investor Presentation
Earnings call transcripts & AI summaries
| Quarter | Concall | Summary |
|---|---|---|
| Q4FY262026-07-20 | Concall PDF | |
| Q2FY262026-01-20 | Concall PDF | |
| Q1FY262025-10-24 | Concall PDF |
Peer Comparison
Technology · Information Technology Services · 8 stocks
| Stock | Price | P/E | Profit Margin | Revenue CAGR 5Y | Profit CAGR 5Y | 52W Change | Stock Strength | Trendline | YoY Profit | QoQ Profit | YoY Revenue | QoQ Revenue |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| LTTS | ₹3,270.10 | 26.6 | 11.7% | 7.6% | 1.8% | -26.4% | 59 | BREAKDOWN | +13.0% | +7.4% | +11.5% | +2.9% |
| HEXT | ₹538.50 | 24.7 | 9.3% | 13.4% | 15.7% | -28.6% | 77 | BREAKOUT | -13.2% | -6.2% | +17.9% | +6.4% |
| REDINGTON | ₹380.00 | 17.5 | 1.3% | 14.5% | 2.3% | +33.7% | 70 | BREAKDOWN | +76.5% | +24.2% | +34.6% | +5.1% |
| TATATECH | ₹715.90 | 52.2 | 9.4% | 7.7% | -4.3% | -2.8% | 51 | BREAKDOWN | +6.2% | -11.5% | +33.8% | +5.9% |
| MPHASIS | ₹2,360.00 | 23.6 | 11.6% | 4.8% | 4.4% | -18.5% | 68 | BREAKOUT | +10.8% | -3.9% | +17.5% | +3.3% |
| COFORGE | ₹1,867.90 | 38.3 | 9.6% | 26.9% | 30.9% | +5.9% | 77 | CONSOLIDATING UP | +63.4% | -15.3% | +49.2% | +24.2% |
| PERSISTENT | ₹5,770.00 | 47.2 | 12.2% | 20.9% | 26.5% | +2.1% | 78 | BOUNCE FROM SUPPORT | +13.7% | -8.7% | +29.1% | +6.1% |
| LTM | ₹4,070.00 | 23.1 | 11.9% | 8.4% | 4.4% | -28.4% | 53 | BREAKDOWN | +16.9% | +5.3% | +18.0% | +2.8% |
Data from TradeAlone · Updated daily
LTTS News
L&t Technology Services Limited (ltts) Partners with Cognite to Advance Engineering Intelligence with Industrial AI2026-09-24L&t Technology Services Limited (NSE: LTTS) Launches Agenticiq™, an End-to-end Agentic AI Platform2026-08-11L&T Technology Services Limited (LTTS) breaks out, gains 5% intraday2026-07-15L&t Technology Services Limited Reports 11.5% Yoy Growth in Q1fy272026-07-14L&t Technology Services Limited (ltts) Launches Ainfonixtm 4.0 to Unlock Engineering Intelligence2026-06-30L&T Technology Services Limited (LTTS) moves down 5% intraday2026-06-29L&t Technology Services Limited (ltts) Partners with Databricks to Deliver Industrial AI2026-06-11L&T Technology Services and Emerson Announce Global Partnership2026-05-12
