Share Price and Basic Stock Data
Last Updated: November 19, 2025, 9:44 pm
| PEG Ratio | 6.27 |
|---|
Analyst Insight & Comprehensive Analysis
Business Overview and Revenue Trends
L&T Technology Services Ltd (LTTS), operating in the IT Enabled Services industry, reported a current market capitalization of ₹43,182 Cr and a share price of ₹4,074. Over recent years, LTTS has demonstrated a robust growth trajectory in revenue, with sales rising from ₹6,570 Cr in FY 2022 to ₹8,816 Cr in FY 2023, marking a significant year-on-year increase. For FY 2024, the sales further escalated to ₹9,647 Cr, and the trailing twelve months (TTM) revenue stood at ₹11,481 Cr. Quarterly sales figures also indicate a consistent upward trend, with the latest reported sales of ₹2,386 Cr in September 2023, compared to ₹2,301 Cr in June 2023. This growth trajectory affirms LTTS’s strong position in the market and its ability to capture increasing demand for digital transformation services across various sectors.
Profitability and Efficiency Metrics
LTTS has maintained impressive profitability metrics, with a net profit of ₹1,275 Cr reported for the TTM period. The company recorded a net profit margin of 11.84% for FY 2025, reflecting a slight decline from 13.54% in FY 2024, yet remaining competitive within the sector. Operating profit margins (OPM) decreased to 18% for FY 2025 from 20% in FY 2024, indicating potential pressure on operational efficiency. However, the return on equity (ROE) stood at 22.2%, and return on capital employed (ROCE) was at 28.3%, both of which are indicative of effective capital utilization. The interest coverage ratio of 37.21x highlights LTTS’s strong ability to meet interest obligations, further enhancing its financial stability and operational efficiency in a competitive market.
Balance Sheet Strength and Financial Ratios
LTTS’s balance sheet exhibits a strong foundation, with total reserves recorded at ₹6,168 Cr and borrowings at ₹630 Cr, reflecting a prudent approach to leveraging. The company’s debt-to-equity ratio remains favorable, enhancing its financial flexibility. The price-to-book value (P/BV) ratio stood at 7.85x, indicating a premium valuation compared to typical sector ranges. The current ratio of 2.16x and quick ratio of 2.16x suggest strong liquidity, enabling LTTS to cover short-term liabilities effectively. Additionally, the cash conversion cycle (CCC) of 86 days indicates efficient management of receivables and payables, which is crucial for maintaining operational liquidity. These financial ratios collectively underscore LTTS’s solid balance sheet and operational efficiency, positioning it well for future growth.
Shareholding Pattern and Investor Confidence
The shareholding pattern of LTTS reflects strong promoter confidence, with promoters holding 73.58% of the total shares as of September 2025. Foreign institutional investors (FIIs) have reduced their stake to 4.67% from a high of 7.22% in December 2022, indicating a cautious approach amidst market volatility. Domestic institutional investors (DIIs) have slightly increased their holdings to 14.13%, showcasing a stable institutional interest in the company. The total number of shareholders stood at 2,21,811, indicating a diverse investor base. This pattern suggests a solid foundation of investor confidence, particularly among promoters and domestic institutions, while the decline in FII holdings could signal caution regarding global economic conditions impacting the IT sector.
Outlook, Risks, and Final Insight
Looking ahead, LTTS is well-positioned to capitalize on the growing demand for digital services, although it faces certain risks. The potential for market volatility, particularly in the global IT sector, could impact revenue growth. Additionally, increasing competition may pressure profit margins, as indicated by the declining OPM. However, strengths such as a solid balance sheet, strong operational efficiency, and a committed promoter base provide a buffer against these risks. LTTS’s strategy of focusing on innovation and expanding its service offerings could mitigate some of these risks, positioning the company for sustainable growth. Overall, while challenges exist, LTTS’s fundamental strengths suggest a resilient outlook in the evolving digital landscape.
Source: Getaka Fundamental Analysis | Generated using proprietary financial data.
Competitors of L&T Technology Services Ltd
| Stock Name ⇩ | Market Cap ⇩ | Current Price ⇩ | High / Low ⇩ | Stock P/E ⇩ | Book Value ⇩ | Dividend Yield ⇩ | ROCE ⇩ | ROE ⇩ | Face Value ⇩ |
|---|---|---|---|---|---|---|---|---|---|
| N2N Technologies Ltd | 10.7 Cr. | 33.0 | 33.0/14.2 | 7.31 | 21.3 | 0.00 % | 19.6 % | 22.4 % | 10.0 |
| eMudhra Ltd | 5,105 Cr. | 616 | 1,024/604 | 53.7 | 98.2 | 0.20 % | 15.3 % | 12.1 % | 5.00 |
| BNR Udyog Ltd | 12.8 Cr. | 42.8 | 90.0/42.0 | 32.9 | 0.00 % | 10.0 % | 5.52 % | 10.0 | |
| BLS E-Services Ltd | 1,973 Cr. | 218 | 233/131 | 35.0 | 55.5 | 0.46 % | 15.8 % | 11.0 % | 10.0 |
| BGIL Films & Technologies Ltd | 21.3 Cr. | 18.8 | 24.7/5.25 | 16.7 | 0.00 % | 0.34 % | 0.88 % | 10.0 | |
| Industry Average | 8,347.20 Cr | 680.76 | 38.73 | 189.10 | 0.41% | 20.05% | 20.85% | 7.41 |
Quarterly Result
| Metric | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 2,006 | 2,282 | 2,157 | 2,371 | 2,301 | 2,386 | 2,422 | 2,538 | 2,462 | 2,573 | 2,653 | 2,982 | 2,866 |
| Expenses | 1,598 | 1,844 | 1,721 | 1,890 | 1,849 | 1,911 | 1,934 | 2,035 | 2,006 | 2,107 | 2,158 | 2,507 | 2,404 |
| Operating Profit | 408 | 437 | 436 | 480 | 453 | 476 | 488 | 503 | 456 | 466 | 495 | 476 | 462 |
| OPM % | 20% | 19% | 20% | 20% | 20% | 20% | 20% | 20% | 19% | 18% | 19% | 16% | 16% |
| Other Income | 41 | 38 | 74 | 50 | 48 | 41 | 62 | 56 | 62 | 65 | 34 | 49 | 68 |
| Interest | 11 | 11 | 12 | 11 | 12 | 13 | 13 | 13 | 13 | 12 | 16 | 16 | 16 |
| Depreciation | 59 | 59 | 59 | 57 | 57 | 68 | 72 | 75 | 73 | 78 | 73 | 82 | 81 |
| Profit before tax | 379 | 406 | 439 | 462 | 431 | 436 | 466 | 471 | 433 | 441 | 440 | 427 | 432 |
| Tax % | 27% | 26% | 32% | 26% | 28% | 28% | 28% | 28% | 27% | 27% | 27% | 27% | 27% |
| Net Profit | 276 | 301 | 298 | 341 | 312 | 316 | 337 | 341 | 314 | 320 | 320 | 310 | 316 |
| EPS in Rs | 26.09 | 28.41 | 28.11 | 32.20 | 29.44 | 29.84 | 31.79 | 32.24 | 29.63 | 30.20 | 30.45 | 29.38 | 29.79 |
Last Updated: August 1, 2025, 6:10 pm
Below is a detailed analysis of the quarterly data for L&T Technology Services Ltd based on the most recent figures (Jun 2025) and their trends compared to the previous period:
- For Sales, as of Jun 2025, the value is 2,866.00 Cr.. The value appears to be declining and may need further review. It has decreased from 2,982.00 Cr. (Mar 2025) to 2,866.00 Cr., marking a decrease of 116.00 Cr..
- For Expenses, as of Jun 2025, the value is 2,404.00 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 2,507.00 Cr. (Mar 2025) to 2,404.00 Cr., marking a decrease of 103.00 Cr..
- For Operating Profit, as of Jun 2025, the value is 462.00 Cr.. The value appears to be declining and may need further review. It has decreased from 476.00 Cr. (Mar 2025) to 462.00 Cr., marking a decrease of 14.00 Cr..
- For OPM %, as of Jun 2025, the value is 16.00%. The value remains steady. There is no change compared to the previous period (Mar 2025) which recorded 16.00%.
- For Other Income, as of Jun 2025, the value is 68.00 Cr.. The value appears strong and on an upward trend. It has increased from 49.00 Cr. (Mar 2025) to 68.00 Cr., marking an increase of 19.00 Cr..
- For Interest, as of Jun 2025, the value is 16.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2025) which recorded 16.00 Cr..
- For Depreciation, as of Jun 2025, the value is 81.00 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 82.00 Cr. (Mar 2025) to 81.00 Cr., marking a decrease of 1.00 Cr..
- For Profit before tax, as of Jun 2025, the value is 432.00 Cr.. The value appears strong and on an upward trend. It has increased from 427.00 Cr. (Mar 2025) to 432.00 Cr., marking an increase of 5.00 Cr..
- For Tax %, as of Jun 2025, the value is 27.00%. The value remains steady. There is no change compared to the previous period (Mar 2025) which recorded 27.00%.
- For Net Profit, as of Jun 2025, the value is 316.00 Cr.. The value appears strong and on an upward trend. It has increased from 310.00 Cr. (Mar 2025) to 316.00 Cr., marking an increase of 6.00 Cr..
- For EPS in Rs, as of Jun 2025, the value is 29.79. The value appears strong and on an upward trend. It has increased from 29.38 (Mar 2025) to 29.79, marking an increase of 0.41.
Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.
Profit & Loss - Annual Report
Last Updated: November 15, 2025, 4:59 am
| Metric | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 2,619 | 3,066 | 3,248 | 3,747 | 5,078 | 5,619 | 5,450 | 6,570 | 8,816 | 9,647 | 10,670 | 11,481 |
| Expenses | 2,220 | 2,547 | 2,663 | 3,172 | 4,164 | 4,509 | 4,442 | 5,155 | 7,055 | 7,728 | 8,778 | 9,558 |
| Operating Profit | 399 | 519 | 586 | 576 | 915 | 1,110 | 1,007 | 1,415 | 1,761 | 1,919 | 1,892 | 1,923 |
| OPM % | 15% | 17% | 18% | 15% | 18% | 20% | 18% | 22% | 20% | 20% | 18% | 17% |
| Other Income | 25 | 84 | 58 | 193 | 223 | 209 | 154 | 152 | 203 | 207 | 210 | 216 |
| Interest | 3 | 2 | 2 | 2 | 2 | 36 | 46 | 44 | 44 | 51 | 56 | 64 |
| Depreciation | 48 | 59 | 62 | 89 | 104 | 183 | 218 | 214 | 234 | 272 | 305 | 328 |
| Profit before tax | 372 | 542 | 579 | 678 | 1,031 | 1,100 | 897 | 1,309 | 1,686 | 1,804 | 1,741 | 1,748 |
| Tax % | 16% | 23% | 27% | 25% | 26% | 25% | 26% | 27% | 28% | 28% | 27% | |
| Net Profit | 311 | 419 | 425 | 507 | 768 | 822 | 666 | 961 | 1,216 | 1,306 | 1,264 | 1,275 |
| EPS in Rs | 10.36 | 55.88 | 41.78 | 49.39 | 73.61 | 78.33 | 63.14 | 90.68 | 114.77 | 123.28 | 119.64 | 120.63 |
| Dividend Payout % | 50% | 26% | 29% | 32% | 29% | 27% | 35% | 39% | 39% | 41% | 46% |
YoY Net Profit Growth
| Year | 2015-2016 | 2016-2017 | 2017-2018 | 2018-2019 | 2019-2020 | 2020-2021 | 2021-2022 | 2022-2023 | 2023-2024 | 2024-2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| YoY Net Profit Growth (%) | 34.73% | 1.43% | 19.29% | 51.48% | 7.03% | -18.98% | 44.29% | 26.53% | 7.40% | -3.22% |
| Change in YoY Net Profit Growth (%) | 0.00% | -33.29% | 17.86% | 32.19% | -44.45% | -26.01% | 63.27% | -17.76% | -19.13% | -10.62% |
L&T Technology Services Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 10 years from 2015-2016 to 2024-2025.
Growth
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 15% |
| 5 Years: | 14% |
| 3 Years: | 18% |
| TTM: | 13% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 15% |
| 5 Years: | 9% |
| 3 Years: | 11% |
| TTM: | -3% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 22% |
| 3 Years: | 5% |
| 1 Year: | -26% |
| Return on Equity | |
|---|---|
| 10 Years: | 27% |
| 5 Years: | 25% |
| 3 Years: | 25% |
| Last Year: | 22% |
Last Updated: September 5, 2025, 9:30 am
Balance Sheet
Last Updated: November 9, 2025, 2:24 pm
| Month | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 300 | 300 | 20 | 20 | 21 | 21 | 21 | 21 | 21 | 21 | 21 | 21 |
| Reserves | 2 | 766 | 1,465 | 1,916 | 2,458 | 2,748 | 3,452 | 4,141 | 4,414 | 5,306 | 6,059 | 6,168 |
| Borrowings | 969 | 196 | 102 | 70 | 70 | 30 | 480 | 477 | 454 | 659 | 578 | 630 |
| Other Liabilities | 507 | 681 | 644 | 696 | 802 | 1,504 | 1,113 | 1,438 | 3,295 | 2,497 | 2,970 | 2,913 |
| Total Liabilities | 1,778 | 1,942 | 2,232 | 2,702 | 3,352 | 4,303 | 5,066 | 6,077 | 8,184 | 8,483 | 9,627 | 9,732 |
| Fixed Assets | 569 | 621 | 614 | 709 | 780 | 1,174 | 1,282 | 1,283 | 1,303 | 1,613 | 2,245 | 2,295 |
| CWIP | 0 | 14 | 2 | 0 | 0 | 9 | 12 | 10 | 6 | 13 | 28 | 8 |
| Investments | 0 | 56 | 195 | 221 | 575 | 642 | 1,515 | 1,478 | 2,284 | 1,493 | 1,310 | 1,385 |
| Other Assets | 1,208 | 1,252 | 1,421 | 1,772 | 1,997 | 2,479 | 2,257 | 3,307 | 4,590 | 5,365 | 6,045 | 6,044 |
| Total Assets | 1,778 | 1,942 | 2,232 | 2,702 | 3,352 | 4,303 | 5,066 | 6,077 | 8,184 | 8,483 | 9,627 | 9,732 |
Below is a detailed analysis of the balance sheet data for L&T Technology Services Ltd based on the most recent figures (Sep 2025) and their trends compared to the previous period:
- For Equity Capital, as of Sep 2025, the value is 21.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2025) which recorded 21.00 Cr..
- For Reserves, as of Sep 2025, the value is 6,168.00 Cr.. The value appears strong and on an upward trend. It has increased from 6,059.00 Cr. (Mar 2025) to 6,168.00 Cr., marking an increase of 109.00 Cr..
- For Borrowings, as of Sep 2025, the value is 630.00 Cr.. The value appears to be increasing, which may not be favorable. Additionally, since Reserves exceed Borrowings, this is considered a positive sign. It has increased from 578.00 Cr. (Mar 2025) to 630.00 Cr., marking an increase of 52.00 Cr..
- For Other Liabilities, as of Sep 2025, the value is 2,913.00 Cr.. The value appears to be improving (decreasing). It has decreased from 2,970.00 Cr. (Mar 2025) to 2,913.00 Cr., marking a decrease of 57.00 Cr..
- For Total Liabilities, as of Sep 2025, the value is 9,732.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 9,627.00 Cr. (Mar 2025) to 9,732.00 Cr., marking an increase of 105.00 Cr..
- For Fixed Assets, as of Sep 2025, the value is 2,295.00 Cr.. The value appears strong and on an upward trend. It has increased from 2,245.00 Cr. (Mar 2025) to 2,295.00 Cr., marking an increase of 50.00 Cr..
- For CWIP, as of Sep 2025, the value is 8.00 Cr.. The value appears to be declining and may need further review. It has decreased from 28.00 Cr. (Mar 2025) to 8.00 Cr., marking a decrease of 20.00 Cr..
- For Investments, as of Sep 2025, the value is 1,385.00 Cr.. The value appears strong and on an upward trend. It has increased from 1,310.00 Cr. (Mar 2025) to 1,385.00 Cr., marking an increase of 75.00 Cr..
- For Other Assets, as of Sep 2025, the value is 6,044.00 Cr.. The value appears to be declining and may need further review. It has decreased from 6,045.00 Cr. (Mar 2025) to 6,044.00 Cr., marking a decrease of 1.00 Cr..
- For Total Assets, as of Sep 2025, the value is 9,732.00 Cr.. The value appears strong and on an upward trend. It has increased from 9,627.00 Cr. (Mar 2025) to 9,732.00 Cr., marking an increase of 105.00 Cr..
Notably, the Reserves (6,168.00 Cr.) exceed the Borrowings (630.00 Cr.), indicating a solid financial buffer.
Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.
Cash Flow - No data available for this post.
Free Cash Flow
| Month | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Free Cash Flow | -570.00 | 323.00 | 484.00 | 506.00 | 845.00 | -29.00 | -479.00 | -476.00 | -453.00 | -658.00 | -577.00 |
Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)
Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.
Financial Efficiency Indicators
| Month | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 96 | 86 | 80 | 94 | 76 | 90 | 83 | 94 | 89 | 82 | 86 |
| Inventory Days | |||||||||||
| Days Payable | |||||||||||
| Cash Conversion Cycle | 96 | 86 | 80 | 94 | 76 | 90 | 83 | 94 | 89 | 82 | 86 |
| Working Capital Days | 67 | 18 | 48 | 70 | 52 | 66 | 44 | 49 | 11 | 38 | 32 |
| ROCE % | 43% | 41% | 38% | 45% | 43% | 27% | 31% | 36% | 34% | 28% |
Mutual Fund Holdings
| Fund Name | No of Shares | AUM (%) | Amount Invested (Cr) | Previous Number of Shares | Previous Date | Percentage Change |
|---|---|---|---|---|---|---|
| SBI Dividend Yield Fund | 320,000 | 2.57 | 133.97 | 320,000 | 2025-04-22 17:25:28 | 0% |
| UTI Mid Cap Fund | 228,045 | 1.09 | 95.48 | 228,045 | 2025-04-22 17:25:28 | 0% |
| PGIM India Midcap Opportunities Fund | 228,000 | 1.05 | 95.46 | 228,000 | 2025-04-22 17:25:28 | 0% |
| SBI Magnum Equity ESG Fund | 200,000 | 1.72 | 83.73 | 200,000 | 2025-04-22 17:25:28 | 0% |
| ICICI Prudential Technology Fund | 148,216 | 0.57 | 62.05 | 148,216 | 2025-04-22 17:25:28 | 0% |
| Motilal Oswal Focused Fund | 129,381 | 3.28 | 54.17 | 129,381 | 2025-04-22 17:25:28 | 0% |
| HDFC Capital Builder Value Fund - Regular Plan | 120,794 | 0.9 | 50.57 | 120,794 | 2025-04-22 17:25:28 | 0% |
| SBI Retirement Benefit Fund - Aggressive Plan | 111,000 | 2.64 | 46.47 | 111,000 | 2025-04-22 17:25:28 | 0% |
| Samco Flexi Cap Fund | 90,000 | 5.11 | 37.68 | 90,000 | 2025-04-22 17:25:28 | 0% |
| Edelweiss Balanced Advantage Fund | 83,421 | 0.37 | 34.93 | 83,421 | 2025-04-22 17:25:28 | 0% |
Key Financial Ratios
| Month | Mar 25 | Mar 24 | Mar 23 | Mar 22 | Mar 21 |
|---|---|---|---|---|---|
| FaceValue | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 |
| Basic EPS (Rs.) | 119.70 | 123.34 | 110.80 | 90.92 | 63.32 |
| Diluted EPS (Rs.) | 119.44 | 123.34 | 110.48 | 90.74 | 62.90 |
| Cash EPS (Rs.) | 148.00 | 148.86 | 133.23 | 111.37 | 84.27 |
| Book Value[Excl.RevalReserv]/Share (Rs.) | 573.58 | 502.56 | 470.99 | 395.85 | 331.73 |
| Book Value[Incl.RevalReserv]/Share (Rs.) | 573.58 | 502.56 | 470.99 | 395.85 | 331.73 |
| Revenue From Operations / Share (Rs.) | 1006.61 | 910.12 | 759.58 | 622.72 | 519.02 |
| PBDIT / Share (Rs.) | 198.35 | 200.59 | 181.87 | 148.56 | 110.58 |
| PBIT / Share (Rs.) | 169.55 | 174.97 | 159.92 | 128.24 | 89.79 |
| PBT / Share (Rs.) | 164.22 | 170.17 | 155.80 | 124.09 | 85.46 |
| Net Profit / Share (Rs.) | 119.20 | 123.24 | 111.29 | 91.05 | 63.48 |
| NP After MI And SOA / Share (Rs.) | 119.50 | 122.99 | 110.88 | 90.71 | 63.17 |
| PBDIT Margin (%) | 19.70 | 22.04 | 23.94 | 23.85 | 21.30 |
| PBIT Margin (%) | 16.84 | 19.22 | 21.05 | 20.59 | 17.30 |
| PBT Margin (%) | 16.31 | 18.69 | 20.51 | 19.92 | 16.46 |
| Net Profit Margin (%) | 11.84 | 13.54 | 14.65 | 14.62 | 12.23 |
| NP After MI And SOA Margin (%) | 11.87 | 13.51 | 14.59 | 14.56 | 12.17 |
| Return on Networth / Equity (%) | 20.83 | 24.47 | 23.62 | 22.99 | 19.09 |
| Return on Capital Employeed (%) | 27.01 | 31.16 | 31.22 | 28.71 | 23.72 |
| Return On Assets (%) | 13.13 | 15.35 | 16.91 | 15.71 | 13.07 |
| Asset Turnover Ratio (%) | 1.18 | 1.25 | 1.13 | 1.09 | 1.09 |
| Current Ratio (X) | 2.16 | 2.46 | 3.40 | 3.14 | 3.19 |
| Quick Ratio (X) | 2.16 | 2.45 | 3.40 | 3.14 | 3.19 |
| Dividend Payout Ratio (NP) (%) | 41.77 | 38.09 | 27.07 | 37.96 | 33.13 |
| Dividend Payout Ratio (CP) (%) | 33.66 | 31.53 | 22.60 | 31.01 | 24.93 |
| Earning Retention Ratio (%) | 58.23 | 61.91 | 72.93 | 62.04 | 66.87 |
| Cash Earning Retention Ratio (%) | 66.34 | 68.47 | 77.40 | 68.99 | 75.07 |
| Interest Coverage Ratio (X) | 37.21 | 41.77 | 44.11 | 35.86 | 25.52 |
| Interest Coverage Ratio (Post Tax) (X) | 23.36 | 26.66 | 27.99 | 22.98 | 15.65 |
| Enterprise Value (Cr.) | 46161.24 | 56720.85 | 34950.18 | 53166.13 | 27652.80 |
| EV / Net Operating Revenue (X) | 4.33 | 5.88 | 4.36 | 8.09 | 5.07 |
| EV / EBITDA (X) | 21.96 | 26.68 | 18.22 | 33.92 | 23.82 |
| MarketCap / Net Operating Revenue (X) | 4.47 | 6.02 | 4.45 | 8.19 | 5.12 |
| Retention Ratios (%) | 58.22 | 61.90 | 72.92 | 62.03 | 66.86 |
| Price / BV (X) | 7.85 | 10.90 | 7.20 | 12.93 | 8.03 |
| Price / Net Operating Revenue (X) | 4.47 | 6.02 | 4.45 | 8.19 | 5.12 |
| EarningsYield | 0.02 | 0.02 | 0.03 | 0.01 | 0.02 |
After reviewing the key financial ratios for L&T Technology Services Ltd, here is a detailed analysis based on the latest available data and recent trends:
- For FaceValue, as of Mar 25, the value is 2.00. This value is within the healthy range. There is no change compared to the previous period (Mar 24) which recorded 2.00.
- For Basic EPS (Rs.), as of Mar 25, the value is 119.70. This value is within the healthy range. It has decreased from 123.34 (Mar 24) to 119.70, marking a decrease of 3.64.
- For Diluted EPS (Rs.), as of Mar 25, the value is 119.44. This value is within the healthy range. It has decreased from 123.34 (Mar 24) to 119.44, marking a decrease of 3.90.
- For Cash EPS (Rs.), as of Mar 25, the value is 148.00. This value is within the healthy range. It has decreased from 148.86 (Mar 24) to 148.00, marking a decrease of 0.86.
- For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 573.58. It has increased from 502.56 (Mar 24) to 573.58, marking an increase of 71.02.
- For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 573.58. It has increased from 502.56 (Mar 24) to 573.58, marking an increase of 71.02.
- For Revenue From Operations / Share (Rs.), as of Mar 25, the value is 1,006.61. It has increased from 910.12 (Mar 24) to 1,006.61, marking an increase of 96.49.
- For PBDIT / Share (Rs.), as of Mar 25, the value is 198.35. This value is within the healthy range. It has decreased from 200.59 (Mar 24) to 198.35, marking a decrease of 2.24.
- For PBIT / Share (Rs.), as of Mar 25, the value is 169.55. This value is within the healthy range. It has decreased from 174.97 (Mar 24) to 169.55, marking a decrease of 5.42.
- For PBT / Share (Rs.), as of Mar 25, the value is 164.22. This value is within the healthy range. It has decreased from 170.17 (Mar 24) to 164.22, marking a decrease of 5.95.
- For Net Profit / Share (Rs.), as of Mar 25, the value is 119.20. This value is within the healthy range. It has decreased from 123.24 (Mar 24) to 119.20, marking a decrease of 4.04.
- For NP After MI And SOA / Share (Rs.), as of Mar 25, the value is 119.50. This value is within the healthy range. It has decreased from 122.99 (Mar 24) to 119.50, marking a decrease of 3.49.
- For PBDIT Margin (%), as of Mar 25, the value is 19.70. This value is within the healthy range. It has decreased from 22.04 (Mar 24) to 19.70, marking a decrease of 2.34.
- For PBIT Margin (%), as of Mar 25, the value is 16.84. This value is within the healthy range. It has decreased from 19.22 (Mar 24) to 16.84, marking a decrease of 2.38.
- For PBT Margin (%), as of Mar 25, the value is 16.31. This value is within the healthy range. It has decreased from 18.69 (Mar 24) to 16.31, marking a decrease of 2.38.
- For Net Profit Margin (%), as of Mar 25, the value is 11.84. This value exceeds the healthy maximum of 10. It has decreased from 13.54 (Mar 24) to 11.84, marking a decrease of 1.70.
- For NP After MI And SOA Margin (%), as of Mar 25, the value is 11.87. This value is within the healthy range. It has decreased from 13.51 (Mar 24) to 11.87, marking a decrease of 1.64.
- For Return on Networth / Equity (%), as of Mar 25, the value is 20.83. This value is within the healthy range. It has decreased from 24.47 (Mar 24) to 20.83, marking a decrease of 3.64.
- For Return on Capital Employeed (%), as of Mar 25, the value is 27.01. This value is within the healthy range. It has decreased from 31.16 (Mar 24) to 27.01, marking a decrease of 4.15.
- For Return On Assets (%), as of Mar 25, the value is 13.13. This value is within the healthy range. It has decreased from 15.35 (Mar 24) to 13.13, marking a decrease of 2.22.
- For Asset Turnover Ratio (%), as of Mar 25, the value is 1.18. It has decreased from 1.25 (Mar 24) to 1.18, marking a decrease of 0.07.
- For Current Ratio (X), as of Mar 25, the value is 2.16. This value is within the healthy range. It has decreased from 2.46 (Mar 24) to 2.16, marking a decrease of 0.30.
- For Quick Ratio (X), as of Mar 25, the value is 2.16. This value exceeds the healthy maximum of 2. It has decreased from 2.45 (Mar 24) to 2.16, marking a decrease of 0.29.
- For Dividend Payout Ratio (NP) (%), as of Mar 25, the value is 41.77. This value is within the healthy range. It has increased from 38.09 (Mar 24) to 41.77, marking an increase of 3.68.
- For Dividend Payout Ratio (CP) (%), as of Mar 25, the value is 33.66. This value is within the healthy range. It has increased from 31.53 (Mar 24) to 33.66, marking an increase of 2.13.
- For Earning Retention Ratio (%), as of Mar 25, the value is 58.23. This value is within the healthy range. It has decreased from 61.91 (Mar 24) to 58.23, marking a decrease of 3.68.
- For Cash Earning Retention Ratio (%), as of Mar 25, the value is 66.34. This value is within the healthy range. It has decreased from 68.47 (Mar 24) to 66.34, marking a decrease of 2.13.
- For Interest Coverage Ratio (X), as of Mar 25, the value is 37.21. This value is within the healthy range. It has decreased from 41.77 (Mar 24) to 37.21, marking a decrease of 4.56.
- For Interest Coverage Ratio (Post Tax) (X), as of Mar 25, the value is 23.36. This value is within the healthy range. It has decreased from 26.66 (Mar 24) to 23.36, marking a decrease of 3.30.
- For Enterprise Value (Cr.), as of Mar 25, the value is 46,161.24. It has decreased from 56,720.85 (Mar 24) to 46,161.24, marking a decrease of 10,559.61.
- For EV / Net Operating Revenue (X), as of Mar 25, the value is 4.33. This value exceeds the healthy maximum of 3. It has decreased from 5.88 (Mar 24) to 4.33, marking a decrease of 1.55.
- For EV / EBITDA (X), as of Mar 25, the value is 21.96. This value exceeds the healthy maximum of 15. It has decreased from 26.68 (Mar 24) to 21.96, marking a decrease of 4.72.
- For MarketCap / Net Operating Revenue (X), as of Mar 25, the value is 4.47. This value exceeds the healthy maximum of 3. It has decreased from 6.02 (Mar 24) to 4.47, marking a decrease of 1.55.
- For Retention Ratios (%), as of Mar 25, the value is 58.22. This value is within the healthy range. It has decreased from 61.90 (Mar 24) to 58.22, marking a decrease of 3.68.
- For Price / BV (X), as of Mar 25, the value is 7.85. This value exceeds the healthy maximum of 3. It has decreased from 10.90 (Mar 24) to 7.85, marking a decrease of 3.05.
- For Price / Net Operating Revenue (X), as of Mar 25, the value is 4.47. This value exceeds the healthy maximum of 3. It has decreased from 6.02 (Mar 24) to 4.47, marking a decrease of 1.55.
- For EarningsYield, as of Mar 25, the value is 0.02. This value is below the healthy minimum of 5. There is no change compared to the previous period (Mar 24) which recorded 0.02.
Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.
Strength and Weakness
| Strength | Weakness |
|---|---|
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Stock Analysis
- Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in L&T Technology Services Ltd:
- Net Profit Margin: 11.84%
- Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
- ROCE: 27.01% (Industry Average ROCE: 20.05%)
- ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
- ROE%: 20.83% (Industry Average ROE: 20.85%)
- ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
- Interest Coverage Ratio (Post Tax): 23.36
- Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
- Quick Ratio: 2.16
- Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
- Stock P/E: 36.8 (Industry average Stock P/E: 24.65)
- Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
- Total Debt / Equity: 0
- Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
Stock Rating: - Net Profit Margin: 11.84%
About the Company - Qualitative Analysis
| INDUSTRY | ADDRESS | CONTACT |
|---|---|---|
| IT Enabled Services | L&T House, Mumbai Maharashtra 400001 | investor@ltts.com http://www.ltts.com |
| Management | |
|---|---|
| Name | Position Held |
| Mr. S N Subrahmanyan | Chairman |
| Mr. Amit Chadha | Managing Director & CEO |
| Mr. Abhishek Sinha | Executive Director & President |
| Mr. Alind Saxena | Executive Director & President |
| Dr. Keshab Panda | Non Executive Director |
| Mr. Sudip Banerjee | Independent Director |
| Mr. Narayanan Kumar | Independent Director |
| Mr. Luis Miranda | Independent Director |
| Ms. Apurva Purohit | Independent Director |
| Mr. Chandrasekaran Ramakrishnan | Independent Director |
| Ms. Aruna Sundararajan | Independent Director |
FAQ
What is the intrinsic value of L&T Technology Services Ltd?
L&T Technology Services Ltd's intrinsic value (as of 20 November 2025) is 3864.17 which is 12.97% lower the current market price of 4,440.00, indicating overvalued. Calculated using the PE ratio method, this valuation considers the company's 47,078 Cr. market cap, FY2025-2026 high/low of 5,647/3,855, reserves of ₹6,168 Cr, and liabilities of 9,732 Cr.
What is the Market Cap of L&T Technology Services Ltd?
The Market Cap of L&T Technology Services Ltd is 47,078 Cr..
What is the current Stock Price of L&T Technology Services Ltd as on 20 November 2025?
The current stock price of L&T Technology Services Ltd as on 20 November 2025 is 4,440.
What is the High / Low of L&T Technology Services Ltd stocks in FY 2025-2026?
In FY 2025-2026, the High / Low of L&T Technology Services Ltd stocks is 5,647/3,855.
What is the Stock P/E of L&T Technology Services Ltd?
The Stock P/E of L&T Technology Services Ltd is 36.8.
What is the Book Value of L&T Technology Services Ltd?
The Book Value of L&T Technology Services Ltd is 584.
What is the Dividend Yield of L&T Technology Services Ltd?
The Dividend Yield of L&T Technology Services Ltd is 1.24 %.
What is the ROCE of L&T Technology Services Ltd?
The ROCE of L&T Technology Services Ltd is 28.3 %.
What is the ROE of L&T Technology Services Ltd?
The ROE of L&T Technology Services Ltd is 22.2 %.
What is the Face Value of L&T Technology Services Ltd?
The Face Value of L&T Technology Services Ltd is 2.00.