NSE LTTS · BSE 540115 · Construction Services · NIFTY 500
L&T Technology Services Share Price
₹3,199.20
▼ −₹27.75 · 0.86%
NSE · as of 24 Sep 2026, 8:33 AM · BSE ₹3,208.45
Today's range
₹3,192.00Low₹3,237.70High
52-week range
₹3,030.00Low · 13 Mar 2026₹4,746.95High · 4 Dec 2025
L&T Technology Services Overview
Where the price stands, how it has moved and how it sits against its averages.
L&T Technology Services shares last traded at ₹3,199.20 on the NSE, down 0.86% on the day. That is 32.6% below the 52-week high of ₹4,746.95 and 5.6% above the 52-week low of ₹3,030.00. The stock trades at 26.33× earnings. Its market value is ₹34,099 Cr.
Price returns
1 Day▼ −0.86%
5 Days▼ −3.59%
This month▼ −10.45%
3 Months▼ −2.74%
6 Months▲ +0.97%
This year▼ −27.59%
1 Year▼ −22.88%
Against the market: 1 Month ▼ −5.58% · 3 Months ▲ +0.07% · 6 Months ▲ +1.57% · This year ▼ −17.53% · 1 Year ▼ −15.38%
Shading grows with the size of the move. Prices refresh every 15 minutes while the market is open (9:15 AM–3:30 PM IST); next update from Mon 28 Sep, 9:15 AM.
Moving averages — price is above 0 of 6
- 300-day average₹3,637.62 ▼ price 12.1% below
- 50-day average₹3,480.98 ▼ price 8.1% below
- 100-day average₹3,446.53 ▼ price 7.2% below
- 20-day average₹3,436.62 ▼ price 6.9% below
- 10-day average₹3,340.45 ▼ price 4.2% below
- 5-day average₹3,324.78 ▼ price 3.8% below
- Today's price₹3,199.20
Averages above today's price sit higher on the ladder. Price above most of its averages is usually read as an upward trend.
L&T Technology Services Financial Results
Revenue and net profit in ₹ crore, with the full statements underneath.
10,996
1,304
1,279
Year by year
| Fiscal year | Revenue | Growth | Net profit | Net margin | EPS | Dividend |
|---|---|---|---|---|---|---|
| FY 2026 | ₹10,996 Cr | ▲ +14.0% | ₹1,279 Cr | 11.6% | ₹115.72 | ₹58.00 |
| FY 2025 | ₹9,642 Cr | ▼ −0.1% | ₹1,267 Cr | 13.1% | ₹112.50 | ₹55.00 |
| FY 2024 | ₹9,647 Cr | ▲ +9.4% | ₹1,304 Cr | 13.5% | ₹123.01 | ₹50.00 |
| FY 2023 | ₹8,816 Cr | ▲ +34.2% | ₹1,212 Cr | 13.7% | ₹114.48 | ₹45.00 |
| FY 2022 | ₹6,570 Cr | ▲ +20.6% | ₹957 Cr | 14.6% | ₹90.73 | ₹25.00 |
| FY 2021 | ₹5,450 Cr | ▼ −3.0% | ₹663 Cr | 12.2% | ₹62.90 | ₹22.00 |
| FY 2020 | ₹5,619 Cr | — | ₹819 Cr | 14.6% | ₹77.70 | ₹21.00 |
2,980
2,940
357
Quarter by quarter
| Quarter | Revenue | vs prev. qtr | Net profit | Net margin | EPS |
|---|---|---|---|---|---|
| Q1 FY27 | ₹2,940 Cr | ▲ +32.0% | ₹357 Cr | 12.1% | ₹33.14 |
| Q4 FY26 | ₹2,227 Cr | ▼ −23.8% | ₹332 Cr | 14.9% | ₹26.47 |
| Q3 FY26 | ₹2,924 Cr | ▼ −1.9% | ₹303 Cr | 10.4% | ₹28.52 |
| Q2 FY26 | ₹2,980 Cr | ▲ +13.0% | ₹329 Cr | 11.0% | ₹30.97 |
| Q1 FY26 | ₹2,638 Cr | ▲ +34.9% | ₹316 Cr | 12.0% | ₹28.26 |
| Q4 FY25 | ₹1,955 Cr | ▼ −26.3% | ₹311 Cr | 15.9% | ₹22.37 |
| Q3 FY25 | ₹2,653 Cr | ▲ +3.1% | ₹322 Cr | 12.2% | ₹30.40 |
| Q2 FY25 | ₹2,573 Cr | — | ₹320 Cr | 12.4% | ₹30.12 |
Balance sheet — FY26
Owes (liabilities)Shareholders' equity
38%
62%
- Total assets₹10,489 Cr
- Total liabilities₹4,016 Cr
- Shareholders' equity₹6,473 Cr
- Total debt₹579 Cr
- Cash & investments₹3,078 Cr
- Current ratio2.48×
- Revenue growth, 5 yr15.07% a year
- EPS growth, 5 yr12.97% a year
- Operating margin (TTM)14.43%
- Net margin (TTM)11.44%
Cash flow — FY26
Operating activities
▲ ₹1,455 Cr
Investing activities
▼ −₹443 Cr
Financing activities
▼ −₹800 Cr
Free cash flow
▲ ₹1,270 Cr
Net change in cash
▲ ₹213 Cr
Right of the line = cash coming in, left = cash going out. Free cash flow = cash from operations minus capital spending.
Full financial statements, FY20–FY26
| ₹ crore | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|
| Total revenue | 5,619.10 | 5,449.70 | 6,569.70 | 8,815.50 | 9,647.30 | 9,642.20 | 10,995.90 |
| Cost of revenue | 108.30 | 142.30 | 170.30 | 198.10 | 270.70 | 1,476.90 | 1,687.10 |
| Gross profit | 5,510.80 | 5,307.40 | 6,399.40 | 8,617.40 | 9,376.60 | 8,165.30 | 9,308.80 |
| Operating expenses | 4,691.50 | 4,660.60 | 5,369.20 | 7,288.40 | 7,999.90 | 8,155.60 | 9,478.50 |
| Operating income | 927.60 | 789.10 | 1,200.50 | 1,527.10 | 1,647.40 | 1,486.60 | 1,517.40 |
| Depreciation | 182.90 | 218.30 | 214.40 | 233.80 | 271.60 | 303.10 | 345.20 |
| Profit before tax | 1,100.20 | 897.30 | 1,309.20 | 1,686.00 | 1,803.80 | 1,639.40 | 1,674.50 |
| Tax | 277.80 | 230.80 | 348.60 | 469.60 | 497.50 | 449.50 | 444.50 |
| Net profit | 818.60 | 663.30 | 957.00 | 1,212.10 | 1,303.70 | 1,266.70 | 1,279.20 |
| EPS (₹) | 77.70 | 62.90 | 90.73 | 114.48 | 123.01 | 112.50 | 115.72 |
| Dividend per share (₹) | 21.00 | 22.00 | 25.00 | 45.00 | 50.00 | 55.00 | 58.00 |
| ₹ crore | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|
| Total assets | 4,303.30 | 5,072.90 | 6,091.00 | 8,197.60 | 8,488.50 | 9,643.50 | 10,488.90 |
| Current assets | 2,910.20 | 3,502.60 | 4,325.10 | 6,376.90 | 6,230.30 | 6,464.10 | 6,379.30 |
| Cash & short-term investments | 854.70 | 1,747.40 | 2,065.70 | 2,798.30 | 2,683.50 | 2,343.40 | 3,078.30 |
| Inventory | 23.30 | 11.50 | 22.90 | 32.60 | 32.40 | 90.90 | 41.80 |
| Property, plant & equipment | 567.60 | 637.90 | 649.60 | 669.20 | 1,000.90 | 906.20 | 870.30 |
| Total liabilities | 1,534.70 | 1,599.80 | 1,928.50 | 3,762.70 | 3,161.40 | 3,563.50 | 4,016.20 |
| Current liabilities | 1,038.80 | 1,098.20 | 1,378.90 | 3,310.10 | 2,537.10 | 2,990.00 | 2,571.50 |
| Total debt | 426.40 | 480.50 | 477.10 | 454.20 | 658.80 | 577.60 | 578.50 |
| Total equity | 2,768.60 | 3,473.10 | 4,162.50 | 4,434.90 | 5,327.10 | 6,080.00 | 6,472.70 |
| ₹ crore | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|
| From operations | 638.10 | 1,332.50 | 1,006.20 | 1,313.00 | 1,492.80 | 1,481.10 | 1,455.10 |
| From investing | −222.20 | −1,005.40 | −448.30 | −577.90 | −233.30 | −509.40 | −442.80 |
| From financing | −406.00 | −362.70 | −498.20 | −445.30 | −657.90 | −718.20 | −799.50 |
| Capital expenditure | −152.70 | −77.10 | −162.40 | −181.50 | −252.80 | −111.60 | −185.10 |
| Dividends paid | −218.60 | −219.80 | −363.30 | −316.70 | −496.70 | −529.20 | −592.80 |
| Net change in cash | 9.90 | −35.60 | 59.70 | 289.80 | 601.60 | 253.50 | 212.80 |
What Analysts Say
27 analysts
Recommendations from 27 analysts who cover L&T Technology Services.
Hold
average rating 2.81 on a 1–5 scale
Strong buyBuyHoldSellStrong sell
▲ 9 bullish (33.3%) · 13 hold (48.1%) · ▼ 5 bearish (18.5%)
Votes
Strong Buy
3 (11%)
Buy
6 (22%)
Hold
13 (48%)
Sell
3 (11%)
Strong Sell
2 (7%)
How the votes changed
| Rating | 3M ago | 2M ago | 1M ago | 1W ago | Now | 3-month change |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 3 | 3 | 3 | — |
| Buy | 4 | 6 | 6 | 6 | 6 | ▲ +2 |
| Hold | 14 | 13 | 13 | 13 | 13 | ▼ −1 |
| Sell | 4 | 3 | 3 | 3 | 3 | ▼ −1 |
| Strong Sell | 2 | 2 | 2 | 2 | 2 | — |
Analyst ratings are opinions, not a guarantee of returns.
L&T Technology Services Key Metrics
Each ratio placed against a benchmark — the sector average, the company's own 5-year average, or a common rule of thumb.
L&T Technology ServicesBenchmarkComfortable → stretched
Valuation Is the price reasonable?
P/E (TTM)Price ÷ yearly earnings per share
26.33
P/E, 12-month rangeLow 26.36 · high 66.51
0%
Today's P/E sits 0% of the way from its low to its high
P/BPrice ÷ book value per share
5.29
P/SPrice ÷ sales per share
3.10
P/CFPrice ÷ cash flow per share
21.20
PEGP/E ÷ earnings growth (≈1 is fair)
72.45
Profitability Of every ₹100 of sales, how much is kept?
Operating marginKept after running costs
14.43%
▼ below its 5-yr average of 16.16%
Pre-tax marginKept before tax
15.52%
▼ below its 5-yr average of 17.76%
Net marginKept as profit
11.44%
▼ below its 5-yr average of 12.93%
Returns & efficiency How well does it use its money?
Return on equityProfit on shareholders' money
19.57%
▼ below its 5-yr average of 23.60%
Return on assetsProfit on everything it owns
12.22%
▼ below its 5-yr average of 14.68%
Return on investmentProfit on long-term capital
16.93%
▼ below its 5-yr average of 21.03%
Growth Is the business getting bigger?
Revenue — last 12 months
+12.8%
▲ growing
Revenue — 3 yr, a year
+7.7%
▲ growing
Revenue — 5 yr, a year
+15.1%
▲ growing
EPS — last 12 months
+7.1%
▲ growing
EPS — 3 yr, a year
+0.4%
▲ growing
EPS — 5 yr, a year
+13.0%
▲ growing
Dividend — 3 yr, a year
+8.8%
▲ growing
Book value — 5 yr, a year
+13.1%
▲ growing
Financial strength Can it pay its bills and debts?
Debt to equityBorrowings for every ₹1 of shareholders' money
0.09×
Current ratioShort-term assets for every ₹1 due within a year
2.48×
Quick ratioLike the current ratio, without inventory
2.46×
Interest coverOperating profit ÷ interest to pay
26.93×
Payout ratioShare of profit paid as dividend
34.52%
Per share What each share stands for
EPS (TTM)
₹124.36
Book value
₹610.63
Cash flow
₹152.36
Dividend
₹58.00
Revenue
₹1,042.85
The share price is 5.24× the book value behind each share.
Benchmarks: sector averages and 5-year averages come from the data provider; the debt and liquidity bands are common rules of thumb, not investment advice.
All 110 metrics from the data provider
Valuation
P/E excluding extraordinary items, most recent fiscal year27.92
Current Dividend Yield - Common Stock Primary Issue, LTM1.79
Price to Book - most recent fiscal year5.29
P/E Basic excluding extraordinary items - TTM26.33
P/E including extraordinary items - TTM25.98
P/E excluding extraordinary items low, trailing 12 months26.36
Price to Tangible Book - most fiscal year6.75
Dividend Yield - 5 Year Average1.08
Price to sales - most recent fiscal year3.12
Dividend Yield - indicated annual dividend divided by closing price1.79
Price to Cash Flow per share - trailing 12 month21.20
Peg Ratio72.45
Price to Free Cash Flow per Share - most recent fiscal year50.62
P/E Normalized, most recent fiscal year26.50
P/E excluding extraordinary items high, trailing 12 months66.51
P/E excluding extraordinary items, most recent fiscal year quarter27.13
Price to sales - trailing 12 month3.10
Net Debt, LFY−24,998.00
Per share
Dividend Per Share - 5 year average46.60
Cash Flow per share - trailing 12 month152.36
Cash Flow per share - most recent fiscal year148.42
EPS including extraordinary items - trailing 12 month124.36
EPS including extraordinary items - most recent fiscal year120.53
EBITD per share - trailing 12 month190.38
Revenue/share - trailing 12 month1,042.85
EPS excluding extraordinary items - trailing 12 month119.10
EPS Basic excluding extraordinary items - most recent fiscal year115.89
EPS Basic excluding extraordinary items - trailing 12 month119.26
Book value per share - most recent fiscal year610.64
Dividend per share - most recent fiscal year58.00
Revenue/share - most recent fiscal year1,036.07
EPS Normalized - most recent fiscal year121.94
Book value (tangible) per share - most recent fiscal year479.35
Dividends per share - trailing 12 month58.00
EPS excluding extraordinary items - most recent fiscal year115.72
Cash per share - most recent fiscal year290.41
Margins
Operating margin - trailing 12 month14.43
Gross Margin - 5 year average91.67
Operating margin - 1st historical fiscal year13.80
Operating Margin - 5 year average16.16
Net Profit Margin % - 1st historical fiscal year11.19
Gross Margin - 1st historical fiscal year84.66
Net Profit Margin % - trailing 12 month11.44
Net Profit Margin - 5 year average12.93
Pretax Margin - 5 year average17.76
Pretax margin - 1st historical fiscal year15.23
Pretax margin - trailing 12 month15.52
Free Operating Cash Flow/Revenue, 5 Year Average7.79
Growth
EPS Change %, TTM over TTM7.14
Revenue growth rate, 5 year15.07
EPS growth rate, 5 year12.97
Revenue Change % - most recent quarter 1 year ago11.47
Growth rate% - dividend, 3 year8.83
Growth rate% - EPS, 3 year0.36
Revenue/share (5 yr growth)14.92
Free Operating Cash Flow, 5 Year CAGR−8.14
Tangible Book Value, Total Equity, 5 Year CAGR12.52
Earnings Before Interest, Taxes, Depreciation & Amortization, 5 Year Interim CAGR12.55
Capital Spending growth rate, 5 year19.14
Revenue Change %, TTM over TTM12.75
Growth rate% - Revenue, 3 year7.65
Book value per share growth rate, 5 year13.05
EPS Change % - most recent quarter 1 year ago17.26
Net Profit Margin growth rate, 5 year−1.77
Earnings Before Interest, Taxes, Depreciation & Amortization, 5 Year CAGR13.95
Total Debt, 5 Year CAGR3.78
Financial strength
Free Cash Flow - most recent fiscal year6,772.00
LT debt/equity - most recent fiscal year0.06
Quick ratio - most recent fiscal year2.46
Payout ratio - trailing 12 month48.63
Current ratio - most recent fiscal year2.48
Current EV/Free Cash Flow, LFY39.88
Total debt/total equity - most recent fiscal year0.09
Net Interest coverage - trailing 12 month26.93
Payout ratio - most recent fiscal year34.52
Returns & efficiency
Return on average equity - 5 year average23.60
Net Income/employee - trailing 12 month5,23,807.60
Revenue/employee - most recent fiscal year48,65,335.00
Return on investment - most recent fiscal year16.93
Return on average assets - most recent fiscal year12.22
Receivables turnover - most recent fiscal year3.43
Inventory turnover - most recent fiscal year25.43
Revenue/employee - trailing 12 month45,79,490.00
Return on average assets - 5 year average14.68
Net Income/employee - most recent fiscal year5,44,235.80
Asset turnover - most recent fiscal year1.09
Return on average equity - most recent fiscal year19.57
Return on investment - 5 year average21.03
Price & volume
Market Cap34,331.07
52 week Low Date13 Mar 2026
Price - 1 Day % Change−1.89
Relative (S&P500) price percent change - 13 week0.07
Avg trading volume last 10 days0.05
Price - 13 week price percent change−2.74
Price - 52 week price percent change−22.88
Avg Trading Volume Last 3 months3.06
Price - 5 Day % Change−3.59
Price % Change Month To Date−10.45
Relative (S&P500) price percent change - 04 week−5.58
52 week High Date4 Dec 2025
Price - 26 week price percent change0.97
PDATE23 Sep 2026
Price - YTD price percent change−27.59
Relative (S&P500) price percent change - 52 week−15.38
NPRICE3,231.30
Relative (S&P500) price percent change - 26 week1.57
52 week Low3,010.00
52 week High4,726.00
Beta1.44
Relative (S&P500) price percent change - Year to Date−17.53
Dividends & Corporate Events
Payouts to shareholders, splits and bonus issues, and company meetings — newest first.
₹58.00
- Dividend yield1.79%
- Payout ratio34.52%
- 5-year average dividend₹46.60 a share
- Latest dividend₹40.00 per share · 22 May 2026
Corporate calendar
- MeetingPostal Ballot
- BoardQuarterly Results
- MeetingAnnual General Meeting
- Dividend₹40.00 per share · 2,000% · Final dividend
- BoardAudited Results & Final Dividend
- MeetingPostal Ballot
- BoardQuarterly Results
- Dividend₹18.00 per share · 900% · Interim dividend
Show 14 older events
- BoardQuarterly Results & Interim Dividend
- MeetingAnnual General Meeting
- Dividend₹38.00 per share · 1,900% · Final dividend
- BoardAudited Results & Final Dividend
- BoardQuarterly Results
- MeetingPostal Ballot
- Dividend₹17.00 per share · 850% · Interim dividend
- BoardQuarterly Results & Interim Dividend
- BoardQuarterly Results
- MeetingAnnual General Meeting
- Dividend₹33.00 per share · 1,650% · Final dividend
- Dividend₹17.00 per share · 850% · Interim dividend
- Dividend₹30.00 per share · 1,500% · Final dividend
- Dividend₹15.00 per share · 750% · Interim dividend
In the News
Recent headlines about L&T Technology Services — they open on Mint in a new tab.
- Top Gainers & Losers on 3 August: Urban Company, Pine Labs, Redington, Paytm, TCS, Meesho among top gainers
Indian equities surged nearly 1% on Monday, led by a decline in crude oil prices and strong IT sector buying. The Nifty 50 rose to 24,573 and the Sensex to 78,677, extending gains to a fourth session. Nifty IT and Private Bank were top gainers.
3 Aug 2026 · 2 min read · Mint ↗ - L&T's order book is booming. Is the valuation already pricing it in?
Despite a weak first quarter, Larsen & Toubro's management expects execution momentum to pick up, meeting its FY27 growth targets. The bigger challenge for investors may be a valuation that leaves limited room for upside.
29 Jul 2026 · 2 min read · Mint ↗ - L&T bets big on AI with Copilot rollout for over 80% of employees
L&T would be the first large Indian business group to equip almost all its employees with AI tools.
15 Jul 2026 · 4 min read · Mint ↗ - L&T Technology Services’ healthy start to FY27 lifts investor spirits
L&T Technology's valuation is a steep premium to tier-1 IT companies and leaves no room for disappointment on earnings growth.
15 Jul 2026 · 2 min read · Mint ↗ - Stocks to watch: Groww, Delhivery, NBCC among shares in focus today; check list here
Stock market today: Gift Nifty was trading near the 24,049 mark, up over 25 points from the previous close of Nifty futures.
15 Jul 2026 · 3 min read · Mint ↗ - Q1 results 2026: Tata Elxsi to L&T Tech among companies to declare Q1 results today; full list here
Q1 results 2026: Tata Elxsi, L&T Technology Services, Anand Rathi Share & Stock Brokers, Aditya Birla Money are among the companies to declare their Q1 results FY27 today.
14 Jul 2026 · 2 min read · Mint ↗ - HCL Tech to Infosys, Tech Mahindra: IT stocks extend gains, Nifty IT up 3% today: Is worst over for the battered sector?
IT stocks gained on July 3, propelled by positive global tech trends and reduced fears of an interest rate hike. The Nifty IT index surged nearly 3%, recovering from recent declines, though it remains the worst-performing sector this year, down 30% in H1CY26.
3 Jul 2026 · 3 min read · Mint ↗ - Infosys, HCL Tech, TCS tumble amid global tech selloff: Here's what's plaguing Indian IT stocks
Indian IT stocks faced heavy selling on Thursday, with the Nifty IT index dropping 2.7%. This decline follows global tech selloffs amid inflation concerns and rising interest rates, impacting major players like HCL Technologies and Infosys significantly.
11 Jun 2026 · 2 min read · Mint ↗
Stock data comes from the exchange feed via our data provider and may be delayed. It is for information only and is not a recommendation to buy or sell. See all stocks →
Frequently Asked Questions
L&T Technology Services (NSE: LTTS) last traded at ₹3,199.20 on the NSE, down 0.86% (₹27.75) on the day, as of 24 Sep 2026, 8:33 AM. On the BSE it was ₹3,208.45. The day's range was ₹3,192.00 – ₹3,237.70.
L&T Technology Services's 52-week high is ₹4,746.95 (4 Dec 2025) and its 52-week low is ₹3,030.00 (13 Mar 2026). At ₹3,199.20 the share is 32.6% below its high and 5.6% above its low.
L&T Technology Services's market capitalisation is ₹34,099 Cr (₹34,099 Cr). It is part of the NIFTY 500 index.
L&T Technology Services's P/E ratio (trailing 12 months) is 26.33. Its earnings per share (TTM) are ₹124.36.
L&T Technology Services shares are down 22.88% over the last year, down 27.59% so far this year, up 0.97% over 6 months, down 2.74% over 3 months. Over the last year the stock did 15.38% worse than the market.
In FY26 (year to Mar 2026), L&T Technology Services reported revenue of ₹10,996 Cr (up 14.04% on the year before) and a net profit of ₹1,279 Cr. Earnings per share were ₹115.72.
Yes. L&T Technology Services's latest dividend is ₹40.00 per share (2,000%, final dividend), with an ex-date of 22 May 2026. The dividend yield is 1.79%. It has paid 8 dividends in the records shown on this page.
Of 27 analysts covering L&T Technology Services, 9 are bullish (3 strong buy, 6 buy), 13 say hold and 5 are bearish. The consensus is Hold (average rating 2.81 on a scale where 1 is Strong Buy and 5 is Strong Sell). Analyst views are opinions, not a guarantee.
As of Jun 2026: Promoter 73.52%, FII 4.13%, MF 3.69%, Other 18.66%. Promoter holding fell by 0.05 percentage points from Mar 2026.
No. L&T Technology Services has debt — its debt-to-equity ratio is 0.09 and total debt was ₹579 Cr in FY26.