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 22.4, a price-to-book of about 6.0 — 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 ₹9,207 Cr for FY2026, with net profit of ₹1,206 Cr, per official filings.

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

L&T Technology Services last traded at ₹3,611.30 (-2.8% on the day), as of 10/19/2026 — a delayed quote shown for education, not investment advice.

L&T Technology Services

LTTS · NSE · Engineering R&D · India

Snapshot

TickerLTTS

ExchangeNSE

SectorEngineering R&D

IndustryInformation Technology Services

CountryIndia

Employees21,039

HeadquartersVadodara, India

Websitewww.ltts.com

Filings tracked7

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.

Who owns it

Promoters73.5%
Institutions13.3%
Public & other13.2%

70 institutional holders

Ownership breakdown from public market data. 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 8% · PAT 2%

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 ₹3,036 Cr · EPS 33.70

Est. earnings growth +8.8%

Next fiscal year

Rev ₹13,309 Cr · EPS 163.44

Est. earnings growth +14.6%

Analyst consensus estimates — not the company's own guidance.

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Financials at a glance

Source: Yahoo Finance

Annual

Quarterly · last 4

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

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On MarketChacha

Posts about LTTS

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
Q1 FY27	₹2,940 Cr	₹357 Cr	12.1%
Q4 FY26	₹2,858 Cr	₹332 Cr	11.6%
Q3 FY26	₹2,924 Cr	₹303 Cr	10.4%
Q2 FY26	₹2,980 Cr	₹329 Cr	11.0%

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

Filings & announcements

2026

Receipt Of No-Objection Letters From The Stock Exchanges For Reclassification Of Promoter Group
L&T Technology Services Limited has informed the Exchange about Receipt of No-objection letters from the Stock Exchanges for Reclassification of Nabha Power Limited from Promoter Group ....
BSE9/4/2026
Shareholder Meeting / Postal Ballot-Outcome of Postal_Ballot
Submission of Voting Results of Postal Ballot under Regulation 44 of SEBI (Listing Obligation and Disclosure Requirements), 2015 along with a copy of Scrutiniser''s Report.
BSE9/4/2026
Shareholder Meeting / Postal Ballot-Scrutinizer"s Report
Submission of Scrutiniser''s Report for the Postal Ballot Notice dated August 3, 2026.
BSE9/4/2026
Disclosure Under Regulation 30 Of The Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements), Regulations, 2015 ('SEBI Listing Regulations') - Update On Transfer Of Smart World And Communication Business Unit
L&T Technology Services has informed the Exchange regarding completion of sale of Smart World and Communication Business Unit of the company to AMI Paradigm Solutions Private Limited, pursuant ....
BSE9/1/2026
Award_of_Order_Receipt_of_Order
L&T Technology Services Limited has secured a landmark engagement valued over $ 75 million from a leading global technology enterprise.
BSE8/19/2026material
Credit Rating
NSE Sustainability and Ratings and Analytics Limited, a SEBI registered ESG Rating Provider, has independently revised the Company''s ESG score from "74 to 75".
BSE8/11/2026material
Press Release / Media Release
L&T Technology Services Limited has informed the Exchange regarding a press release dated August 11, 2026, titled "L&T Technology Services Launches AgenticlQ, an End -to-End Agentic AI ....
BSE8/11/2026

In the news

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