L&T Technology Services Limited

Information Technology · IT - Services

NSE: LTTS BSE: 540115

₹3228.60

Sept. 30, 2026 · NSE · nse_bhavcopy

Peers in IT - Services

The largest companies in the same industry by market cap. This company ranks #1 of 78. PE, ROE, 1Y return and scores come from the daily/weekly precomputed snapshot.

Company	Market cap (₹ Cr)	PE (TTM)	ROE	1Y return	Div. yield	Quality	Valuation	Momentum
L&T Technology Services Limited (this stock)	34,245	28.2	19.7%	-22.9%	1.80%	81	21	13
Inventurus Knowledge Solutions Limited	29,982	47.5	25.8%	17.3%	—	90	0	32
Tata Technologies Limited	28,728	53.2	13.9%	2.5%	1.18%	84	0	29
Netweb Technologies India Limited	25,897	99.1	28.5%	12.0%	0.07%	81	33	30
Affle 3i Limited	21,274	146.4	12.5%	-23.1%	—	74	1	29
SAGILITY LIMITED	19,933	60.8	9.6%	-2.2%	0.35%	70	39	29
Black Box Limited	14,293	935.8	16.9%	51.2%	—	65	0	85
E2E Networks Limited	13,372	—	—	-80.7%	—	100	—	69

Valuation multiples

Current only. Market cap is the whole company's; sales/EBITDA are trailing-twelve-month standalone; debt and cash come from the latest filed standalone balance sheet (March 31, 2026). EBITDA = PBT + interest + depreciation.

Enterprise value

₹32,925 Cr

EV / EBITDA

16.6x

EV / Sales

3.33x

Market cap / Sales

3.46x

Earnings yield

3.55%

Quarterly Financials

Download CSV

Standalone Consolidated

↑ Positive

Quarterly Revenue

Jun 2026 quarterly revenue is Rs 2,496 Cr, up 0.2% YoY.

Period end	Revenue (₹ Cr)	PBT (₹ Cr)	Net profit (₹ Cr)	Basic EPS
June 30, 2026	2,469	444	333	₹30.9400
March 31, 2026	2,409	394	302	₹27.3300
Dec. 31, 2025	2,469	393	289	₹27.2600
Sept. 30, 2025	2,536	418	307	₹28.9800
June 30, 2025	2,424	421	308	₹29.0600
March 31, 2025	2,550	426	314	₹29.6900
Dec. 31, 2024	2,412	419	301	₹28.4300
Sept. 30, 2024	2,325	407	293	₹27.6900
June 30, 2024	2,246	430	313	₹29.5500
March 31, 2024	2,351	459	329	₹31.1500
Dec. 31, 2023	2,148	441	321	₹30.3600
Sept. 30, 2023	2,136	424	308	₹29.1700
June 30, 2023	2,044	414	300	₹28.3600

Quarterly income statement (standalone, ₹ Cr)

Indicator	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23
Total income (before exceptional items)	2,496	2,458	2,504	2,600	2,492	2,599	2,442	2,393	2,310	2,401	2,212	2,178	2,092
Operating revenue	2,469	2,409	2,469	2,536	2,424	2,550	2,412	2,325	2,246	2,351	2,148	2,136	2,044
Other income	27	49	35	64	68	49	30	68	64	50	64	42	48
Operating expenses	1,973	1,945	1,994	2,095	1,994	2,099	1,939	1,902	1,801	1,861	1,693	1,680	1,615
Operating profit	496	464	475	441	430	452	473	422	446	490	455	456	428
Operating profit margin	20.1%	19.3%	19.2%	17.4%	17.7%	17.7%	19.6%	18.2%	19.8%	20.8%	21.2%	21.3%	21.0%
Depreciation	67	67	68	72	61	59	69	72	66	68	65	62	51
Interest	13	16	14	14	16	15	15	12	13	13	13	11	11
Exceptional items, gain / (loss)	—	-37	-35	—	—	—	—	—	—	—	—	—	—
Profit before tax	444	394	393	418	421	426	419	407	430	459	441	424	414
Tax	116	104	104	111	114	112	118	114	118	130	120	116	115
Net profit	—	—	289	307	308	314	301	293	313	329	321	308	300
EPS	30.94	27.33	27.26	28.98	29.06	29.69	28.43	27.69	29.55	31.15	30.36	29.17	28.36
Net profit (TTM)	—	—	1,218	1,230	1,216	1,221	1,236	1,256	1,271	1,258	1,221	1,187	1,148
EPS (TTM)	114.51	112.63	114.99	116.16	114.87	115.36	116.82	118.75	120.23	119.04	115.54	112.41	108.66

Total income excludes exceptional items, which are shown on their own row. Trendlyne and Screener fold exceptional items into revenue or other income, so their totals differ from this table by exactly that row.

Annual Financials

Year ended	Revenue (₹ Cr)	PBT (₹ Cr)	Net profit (₹ Cr)
March 31, 2026	9,207	1,574	1,206
March 31, 2025	9,533	1,683	1,221
March 31, 2024	8,679	1,739	1,258
March 31, 2023	7,108	1,558	1,110

Annual income statement (standalone, ₹ Cr; CAGR to the latest year)

Indicator	CAGR 3Y	CAGR 5Y	Mar 26	Mar 25	Mar 24	Mar 23	Mar 22	Mar 21	Mar 20	Mar 19	Mar 18
Total income (before exceptional items)	8.8%	12.9%	9,423^†	9,744^†	8,882^†	7,314^†	6,027^†	5,138^†	5,394^†	4,863^†	3,695^†
Operating revenue	9.0%	13.2%	9,207	9,533	8,679	7,108	5,874^†	4,964^†	5,181^†	4,712^†	3,507^†
Other income	—	—	216^†	211^†	203^†	206^†	154^†	174^†	212^†	151^†	188^†
Operating expenses	—	—	8,028^†	7,741^†	6,849^†	5,512^†	4,555^†	4,026^†	4,150^†	3,848^†	—
Operating profit	-9.6%	4.7%	1,179^†	1,792^†	1,830^†	1,596^†	1,319^†	938^†	1,031^†	864^†	—
Operating profit margin	—	—	12.8%^†	18.8%^†	21.1%^†	22.5%^†	22.5%^†	18.9%^†	19.9%^†	18.3%^†	—
Depreciation	—	—	268^†	266^†	246^†	202^†	183^†	174^†	153^†	73^†	58^†
Interest	—	—	60^†	55^†	48^†	42^†	39^†	44^†	35^†	1^†	—
Exceptional items, gain / (loss)	—	—	-72^†	0^†	0^†	0^†	0^†	0^†	0^†	0^†	0^†
Profit before tax	0.3%	11.9%	1,574	1,683	1,739	1,558	1,251^†	895^†	1,055^†	941^†	681^†
Tax	—	—	433^†	462^†	481^†	447^†	332^†	222^†	265^†	241^†	192^†
Net profit	2.8%	12.4%	1,206	1,221	1,258	1,110	918^†	673^†	790^†	700^†	489^†
EPS	2.3%	11.9%	112.63^†	115.36^†	119.04^†	105.18^†	87.25^†	64.27^†	75.82^†	—	—

^† Derived: the sum of that fiscal year's four quarterly filings (a real annual filing is used wherever one exists). Checked against filed annual figures, the sum lands within 0.5% for about 94% of company-years.

Annual ratios (standalone)

Ratio	Mar 26	Mar 25	Mar 24	Mar 23	Mar 22	Mar 21	Mar 20	Mar 19	Mar 18
Operating margin	12.8%^†	18.8%^†	21.1%^†	22.5%^†	22.5%^†	18.9%^†	19.9%^†	18.3%^†	—
EBIT margin	17.7%^†	18.2%^†	20.6%^†	22.5%^†	22.0%^†	18.9%^†	21.0%^†	20.0%^†	—
PBT margin	17.1%	17.7%	20.0%	21.9%	21.3%^†	18.0%^†	20.4%^†	20.0%^†	19.4%^†
Net margin	13.1%	12.8%	14.5%	15.6%	15.6%^†	13.6%^†	15.2%^†	14.9%^†	14.0%^†
Interest coverage	27.36x^†	31.82x^†	37.38x^†	38.44x^†	32.75x^†	21.58x^†	31.06x^†	856.82x^†	—
Dividend payout	49.7%^†	43.3%^†	39.5%^†	28.5%^†	39.5%^†	32.7%^†	27.7%^†	—	—
Earnings retention	50.3%^†	56.7%^†	60.5%^†	71.5%^†	60.5%^†	67.3%^†	72.3%^†	—	—
Current ratio	2.36x	2.20x	—	—	—	—	—	—	—
Quick ratio	2.36x	2.20x	—	—	—	—	—	—	—
Debt to equity	0.00x	0.00x	—	—	—	—	—	—	—
Return on equity	20.4%	21.2%	—	—	—	—	—	—	—
Return on assets	12.4%	13.8%	—	—	—	—	—	—	—
Return on capital employed	22.3%^†	27.7%^†	—	—	—	—	—	—	—
Asset turnover	0.95x	1.08x	—	—	—	—	—	—	—

Margins and asset turnover use operating revenue (interest earned for banks, excluding other income), not total income. Liquidity, leverage and return ratios need a filed standalone balance sheet, which exists only for recent years; returns use year-end equity/assets. Dividend payout is shown only for companies with a dividend record. † = built from a summed fiscal year.

Revenue Mix

Data unavailable.

Cash Flow

Year ended	Operating (₹ Cr)	Investing (₹ Cr)	Financing (₹ Cr)	Capex (₹ Cr)	Free Cash Flow (₹ Cr)
March 31, 2026	1,272	-309	-782	140	1,131
March 31, 2025	1,428	-554	-705	105	1,323
March 31, 2024	1,341	-231	-647	251	1,091
March 31, 2023	1,259	-554	-432	159	1,100
March 31, 2022	899	-389	-476	118	781

Balance Sheet (standalone)

Year ended	Total Assets (₹ Cr)	Total Equity (₹ Cr)	Reserves (₹ Cr)	Borrowings, Current (₹ Cr)	Borrowings, Non-current (₹ Cr)	Current Assets (₹ Cr)	Current Liabilities (₹ Cr)	Cash & Equivalents (₹ Cr)	Net Block (₹ Cr)	Inventory (₹ Cr)
March 31, 2026	9,692	5,927	5,906	0	0	5,588	2,369	1,320	821	6
March 31, 2025	8,862	5,748	5,727	0	0	5,718	2,597	1,086	833	4
March 31, 2024	—	—	—	—	—	—	—	—	—	—
March 31, 2023	—	—	—	—	—	—	—	—	—	—
March 31, 2022	—	—	—	—	—	—	—	—	—	—

Financial charts

Trend charts drawn from the standalone income-statement and ratio tables above (oldest year on the left); a gap means that period has no figure. Annual years marked † in the tables are derived from four quarters.