Is L&T Technology Services (LTTS) overvalued or fairly valued?

MarketChacha shows L&T Technology Services's valuation in context — a forward P/E of about 20.6, a price-to-book of about 5.5 — alongside its revenue and profit growth and whether reported profit converts into operating cash, so you can judge value for yourself. MarketChacha does not issue ratings, price targets, or buy/sell advice.

What is L&T Technology Services's revenue?

L&T Technology Services reported revenue of ₹10,996 Cr for FY2026, with net profit of ₹1,279 Cr, per official filings.

What is the share price of L&T Technology Services (LTTS)?

L&T Technology Services last traded at ₹3,306.40 (-1.3% on the day), as of 7/21/2026 — a delayed quote shown for education, not investment advice.

L&T Technology Services

LTTS · NSE · Engineering R&D · India

₹3,306.40-1.3%

Delayed · as reported by Yahoo Finance · as of Jul 21, 2026, 5:34 AM

Snapshot

TickerLTTS

ExchangeNSE

SectorEngineering R&D

IndustryInformation Technology Services

CountryIndia

Employees21,039

HeadquartersVadodara, India

Market cap₹35,528 Cr

P/B5.5

Volume39.61K

Websitewww.ltts.com

Filings tracked0

About L&T Technology Services

L&T Technology Services Limited operates as an engineering research and development services company in India, North America, Europe, and other international markets. The company operates through three segments: Mobility, Sustainability, and Tech. It provides digital engineering and consulting services such as artificial intelligence, cybersecurity, industry 4.0 consulting, product consulting, sustainability engineering, 5G, and smart solutions. It provides engineering services which include computer-aided engineering, computational fluid dynamics, CAx automation, DevOps, engineering and manufacturing analytics, lab services, product testing and validation, VLSI design, voice solutions, user experience, sustenance and maintenance, embedded systems, and cloud and software engineering. In addition, the company offers manufacturing engineering services, including operations support, supply chain solutions, digital factory and simulation, manufacturing automation, new product development, PLM on cloud, plant design, materials management, and sourcing and procurement services. Further, it delivers plant engineering services such as CAPEX project services, plant management, operational support, regulatory compliance, and procurement solutions. L&T Technology Services Limited serves industries including automotive, aerospace, rail transportation, commercial, recreational and off-highway vehicles, industrial products, process manufacturing, hi-tech, medical technology, public infrastructure, smart cities, and software platforms. Additionally, the company has strategic collaboration with Thyssenkrupp Steering and ASSAI Software Services. The company was formerly known as L&T Integrated Engineering Services Limited and changed its name to L&T Technology Services Limited in September 2012. The company was incorporated in 2012 and is headquartered in Vadodara, India. L&T Technology Services Limited operates as a subsidiary of Larsen & Toubro Limited.

Profile as reported by Yahoo Finance.

Who owns it

Promoters73.6%
Institutions13.9%
Public & other12.6%

67 institutional holders

As reported by Yahoo Finance. Promoter pledge is not included here — that comes from exchange shareholding filings.

Forensic scorecard

Margin has compressed by about 3.0 points over the period — profitability is trending down.

Net margin trend14.6% → 11.6%

Margin has compressed by about 3.0 points over the period — profitability is trending down.

Growth qualityrev 11% · PAT 3%

Profit growth is broadly tracking revenue growth — the earnings trend looks operational rather than one-off.

Computed by MarketChacha from reported figures (Yahoo Finance). Education, not a rating or recommendation.

What's expected next

Next quarter

Rev ₹3,033 Cr · EPS 33.63

Est. earnings growth +8.5%

Next fiscal year

Rev ₹13,291 Cr · EPS 162.32

Est. earnings growth +14.5%

Analyst consensus estimates — not the company's own guidance. As reported by Yahoo Finance.

₹3,010.0052-wk range₹4,726.00

Delayed · as reported by Yahoo Finance

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Financials at a glance

Source: Yahoo Finance

Annual

Quarterly · last 4

Market cap

₹35,528 Cr

Day change

-1.3%

Fwd P/E

20.6

P/B

5.5

Div yield

1.70%

Beta

0.06

Revenue (FY2026)

₹10,996 Cr

Net margin

11.6%

Revenue CAGR (3y)

+11.1%

Profit CAGR (3y)

+3.0%

Net profit (FY2026)

₹1,279 Cr

Market figures: Delayed · as reported by Yahoo Finance. Financials as reported in company filings.

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Financials

Yearly

Period	Revenue	Net profit	Net margin
FY2026	₹10,996 Cr	₹1,279 Cr	11.6%
FY2025	₹10,670 Cr	₹1,267 Cr	11.9%
FY2024	₹9,647 Cr	₹1,304 Cr	13.5%
FY2023	₹8,014 Cr	₹1,170 Cr	14.6%

Quarterly

Period	Revenue	Net profit	Net margin
2026Q2	₹2,940 Cr	₹357 Cr	12.1%
2026Q1	₹2,858 Cr	₹332 Cr	11.6%
2025Q4	₹2,924 Cr	₹303 Cr	10.4%
2025Q3	₹2,980 Cr	₹329 Cr	11.0%

Figures as reported, in ₹ (crore). Source: Yahoo Finance.

In the news

Education and discussion only — not investment advice. Financials from official filings (SEC/BSE) and reported company statements; market figures (delayed · as reported by yahoo finance) are delayed and shown for reference only. Verify with the linked sources before acting.