WEBSITE BSE:540115 NSE: LTTS Inc. Year: 2012 Industry: IT - Software
Last updated: 15:51
L&T Technology Services Limited is an primarily India-based engineering research and development services enterprise. The Company is engaged in providing a number of engineering offerings and related technologies within the regions of embedded structures, mechanical and others. Its segments include Transportation, Process Engineering, Industrial Products, Medical gadgets and Telecom. The Company additionally acts as a service provider to organizations in India and abroad. It gives services, along with embedded system and packages; engineering s...Read More
L&T Technology Services Limited is an primarily India-based engineering research and development services enterprise. The Company is engaged in providing a number of engineering offerings and related technologies within the regions of embedded structures, mechanical and others. Its segments include Transportation, Process Engineering, Industrial Products, Medical gadgets and Telecom. The Company additionally acts as a service provider to organizations in India and abroad. It gives services, along with embedded system and packages; engineering system offerings; mechanical engineering; product lifecycle management (PLM), and consulting offerings. It also gives solutions, inclusive of engineering analytics; Internet of Things and system to machine; energy electronics, and semiconductor Internet protocol (IP) solutions. The Company exports engineering and design services to North America, Europe, the Middle East, Japan, Korea and different Asia-Pacific (APAC) countries. The Company is a subsidiary of L& T Ltd. ...Read Less
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Market Cap ₹41371 Cr.
Stock P/E 32.7
P/B 6.4
Current Price ₹3903.1
Book Value ₹ 612.5
Face Value 2
52W High ₹5538.5
Dividend Yield 1.41%
52W Low ₹ 3654
Price goes above X
Price falls below X
PE goes above X
PE falls below X
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| #(Fig in Cr.) | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Sales | 2387 | 2422 | 2538 | 2462 | 2573 | 2653 | 2982 | 2866 | 2980 | 2924 |
| Other Income | 41 | 62 | 56 | 62 | 65 | 34 | 49 | 68 | 66 | 33 |
| Total Income | 2428 | 2484 | 2594 | 2524 | 2638 | 2687 | 3032 | 2934 | 3045 | 2957 |
| Total Expenditure | 1911 | 1934 | 2035 | 2006 | 2107 | 2158 | 2507 | 2404 | 2489 | 2410 |
| Operating Profit | 517 | 550 | 559 | 518 | 531 | 528 | 525 | 530 | 556 | 547 |
| Interest | 13 | 13 | 13 | 13 | 12 | 16 | 16 | 17 | 16 | 15 |
| Depreciation | 68 | 72 | 75 | 73 | 78 | 73 | 82 | 81 | 93 | 87 |
| Exceptional Income / Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -35 |
| Profit Before Tax | 436 | 466 | 471 | 433 | 441 | 440 | 427 | 433 | 448 | 410 |
| Provision for Tax | 120 | 129 | 130 | 119 | 121 | 120 | 117 | 116 | 119 | 107 |
| Profit After Tax | 316 | 337 | 341 | 314 | 320 | 320 | 310 | 316 | 329 | 303 |
| Adjustments | -1 | -1 | -1 | -0 | -0 | 3 | 1 | -0 | -1 | -1 |
| Profit After Adjustments | 315 | 336 | 341 | 314 | 320 | 322 | 311 | 316 | 329 | 303 |
| Adjusted Earnings Per Share | 29.9 | 31.9 | 32.2 | 29.6 | 30.2 | 30.4 | 29.3 | 29.8 | 31 | 28.5 |
| #(Fig in Cr.) | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Sales | 2619 | 3066 | 3248 | 3747 | 5078 | 5619 | 5450 | 6570 | 8816 | 9647 | 10670 | 11752 |
| Other Income | 25 | 85 | 79 | 206 | 223 | 211 | 194 | 185 | 218 | 219 | 213 | 216 |
| Total Income | 2644 | 3151 | 3328 | 3953 | 5301 | 5830 | 5644 | 6755 | 9033 | 9866 | 10883 | 11968 |
| Total Expenditure | 2220 | 2547 | 2684 | 3184 | 4164 | 4511 | 4483 | 5188 | 7069 | 7740 | 8781 | 9810 |
| Operating Profit | 424 | 604 | 644 | 769 | 1138 | 1320 | 1161 | 1567 | 1964 | 2126 | 2103 | 2158 |
| Interest | 3 | 3 | 2 | 2 | 2 | 37 | 46 | 44 | 44 | 51 | 57 | 64 |
| Depreciation | 48 | 59 | 63 | 89 | 104 | 183 | 218 | 214 | 234 | 272 | 305 | 343 |
| Exceptional Income / Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -35 |
| Profit Before Tax | 372 | 543 | 579 | 678 | 1031 | 1100 | 897 | 1309 | 1686 | 1804 | 1741 | 1718 |
| Provision for Tax | 61 | 124 | 154 | 171 | 263 | 278 | 231 | 349 | 470 | 498 | 477 | 459 |
| Profit After Tax | 311 | 419 | 425 | 507 | 768 | 822 | 667 | 961 | 1216 | 1306 | 1264 | 1258 |
| Adjustments | -0 | 1 | -0 | -1 | -3 | -4 | -3 | -4 | -4 | -3 | 3 | -1 |
| Profit After Adjustments | 311 | 419 | 425 | 506 | 766 | 819 | 663 | 957 | 1212 | 1304 | 1267 | 1259 |
| Adjusted Earnings Per Share | 33.7 | 55.9 | 41.9 | 49.4 | 73.6 | 78.3 | 63.2 | 90.7 | 114.9 | 123 | 119.5 | 118.6 |
| # | 1 Year | 3 Year | 5 Year | 10 Year |
|---|---|---|---|---|
| Sales CAGR | 11% | 18% | 14% | 15% |
| Operating Profit CAGR | -1% | 10% | 10% | 17% |
| PAT CAGR | -3% | 10% | 9% | 15% |
| # | 1 Year | 3 Year | 5 Year | 10 Year |
|---|---|---|---|---|
| Share Price CAGR | -29% | 3% | 8% | NA% |
| ROE Average | 23% | 26% | 25% | 46% |
| ROCE Average | 32% | 37% | 35% | 38% |
| #(Fig in Cr.) | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Shareholder's Funds | 1052 | 1066 | 1486 | 1936 | 2479 | 2769 | 3473 | 4163 | 4435 | 5327 | 6080 |
| Minority's Interest | 0 | -1 | -0 | 0 | 3 | 7 | 10 | 14 | 18 | 21 | 18 |
| Borrowings | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | -30 | -106 | -32 | -23 | 7 | 458 | 485 | 528 | 421 | 598 | 540 |
| Total Current Liabilities | 755 | 1010 | 747 | 764 | 863 | 1039 | 1098 | 1373 | 3310 | 2537 | 2990 |
| Total Liabilities | 1778 | 1969 | 2199 | 2678 | 3352 | 4272 | 5066 | 6077 | 8184 | 8483 | 9627 |
| Fixed Assets | 569 | 621 | 614 | 709 | 780 | 1174 | 1282 | 1283 | 1303 | 1613 | 2245 |
| Other Non-Current Assets | 72 | 51 | 146 | 108 | 200 | 189 | 281 | 469 | 504 | 640 | 918 |
| Total Current Assets | 1136 | 1298 | 1440 | 1861 | 2372 | 2910 | 3503 | 4325 | 6377 | 6230 | 6464 |
| Total Assets | 1778 | 1969 | 2199 | 2678 | 3352 | 4272 | 5066 | 6077 | 8184 | 8483 | 9627 |
| #(Fig in Cr.) | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Opening Cash & Cash Equivalents | 29 | 115 | 83 | 71 | 152 | 203 | 213 | 178 | 237 | 527 | 1129 |
| Cash Flow from Operating Activities | 289 | 528 | 388 | 409 | 806 | 638 | 1333 | 1006 | 1313 | 1493 | 1481 |
| Cash Flow from Investing Activities | -667 | -176 | -178 | -196 | -509 | -222 | -1005 | -448 | -578 | -233 | -509 |
| Cash Flow from Financing Activities | 464 | -383 | -222 | -132 | -245 | -406 | -363 | -498 | -445 | -658 | -718 |
| Net Cash Inflow / Outflow | 86 | -32 | -12 | 81 | 52 | 10 | -36 | 60 | 290 | 602 | 254 |
| Closing Cash & Cash Equivalent | 115 | 83 | 71 | 152 | 203 | 213 | 178 | 237 | 527 | 1129 | 1382 |
| # | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Per Share (Rs) | 33.7 | 55.88 | 41.86 | 49.37 | 73.62 | 78.33 | 63.17 | 90.71 | 114.89 | 122.99 | 119.5 |
| CEPS(Rs) | 47.94 | 63.67 | 48.03 | 58.09 | 83.9 | 96.2 | 84.27 | 111.37 | 137.46 | 148.86 | 148 |
| DPS(Rs) | 1.05 | 1.51 | 7 | 16 | 21 | 21 | 22 | 35 | 45 | 50 | 55 |
| Book NAV/Share(Rs) | 40.28 | 42.15 | 143.31 | 183.67 | 235.07 | 261.55 | 327.94 | 392.78 | 411.48 | 493.49 | 564.93 |
| Core EBITDA Margin(%) | 15.23 | 16.94 | 17.38 | 15.02 | 18.01 | 19.73 | 17.74 | 21.04 | 19.81 | 19.77 | 17.71 |
| EBIT Margin(%) | 14.34 | 17.77 | 17.9 | 18.15 | 20.35 | 20.23 | 17.3 | 20.59 | 19.63 | 19.23 | 16.84 |
| Pre Tax Margin(%) | 14.21 | 17.69 | 17.83 | 18.09 | 20.31 | 19.58 | 16.47 | 19.93 | 19.13 | 18.7 | 16.31 |
| PAT Margin (%) | 11.88 | 13.65 | 13.08 | 13.52 | 15.13 | 14.64 | 12.23 | 14.62 | 13.8 | 13.54 | 11.84 |
| Cash Profit Margin (%) | 13.73 | 15.57 | 15.01 | 15.89 | 17.18 | 17.89 | 16.24 | 17.89 | 16.45 | 16.36 | 14.7 |
| ROA(%) | 17.5 | 22.34 | 20.39 | 20.77 | 25.49 | 21.57 | 14.27 | 17.24 | 17.06 | 15.68 | 13.95 |
| ROE(%) | 102.98 | 135.42 | 48 | 30.36 | 35.51 | 31.77 | 21.58 | 25.32 | 28.67 | 27.29 | 22.52 |
| ROCE(%) | 29.55 | 43.04 | 40.81 | 37.85 | 45.36 | 42.51 | 30.06 | 35.44 | 40.25 | 38 | 31.51 |
| Receivable days | 95.52 | 84 | 80.71 | 81.48 | 72.83 | 79.41 | 87.58 | 81.41 | 79.65 | 81.95 | 80.27 |
| Inventory Days | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.07 | 0.09 | 0.12 |
| Payable days | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| PER(x) | 0 | 0 | 18.69 | 25.11 | 21.34 | 14.84 | 42.03 | 56.25 | 29.39 | 44.56 | 37.66 |
| Price/Book(x) | 0 | 0 | 5.46 | 6.75 | 6.68 | 4.44 | 8.1 | 12.99 | 8.21 | 11.11 | 7.97 |
| Dividend Yield(%) | 0 | 0 | 0.89 | 1.29 | 1.34 | 1.81 | 0.83 | 0.69 | 1.33 | 0.91 | 1.22 |
| EV/Net Sales(x) | 0.44 | 0.38 | 2.46 | 3.37 | 3.19 | 2.12 | 5.07 | 8.09 | 3.96 | 5.88 | 4.32 |
| EV/Core EBITDA(x) | 2.72 | 1.92 | 12.39 | 16.41 | 14.25 | 9.04 | 23.81 | 33.91 | 17.78 | 26.67 | 21.95 |
| Net Sales Growth(%) | 0 | 17.09 | 5.94 | 15.36 | 35.53 | 10.65 | -3.01 | 20.55 | 34.18 | 9.44 | 10.6 |
| EBIT Growth(%) | 0 | 45.13 | 6.66 | 17.01 | 51.91 | 10.01 | -17.06 | 43.5 | 27.9 | 7.18 | -3.1 |
| PAT Growth(%) | 0 | 34.55 | 1.53 | 19.2 | 51.68 | 7.03 | -18.96 | 44.13 | 26.63 | 7.39 | -3.28 |
| EPS Growth(%) | 0 | 65.84 | -25.09 | 17.93 | 49.12 | 6.41 | -19.36 | 43.59 | 26.66 | 7.05 | -2.84 |
| Debt/Equity(x) | 0.21 | 0.18 | 0.07 | 0.04 | 0.03 | 0.01 | 0 | 0 | 0 | 0 | 0 |
| Current Ratio(x) | 1.5 | 1.29 | 1.93 | 2.44 | 2.75 | 2.8 | 3.19 | 3.15 | 1.93 | 2.46 | 2.16 |
| Quick Ratio(x) | 1.5 | 1.29 | 1.93 | 2.44 | 2.75 | 2.8 | 3.19 | 3.15 | 1.93 | 2.45 | 2.16 |
| Interest Cover(x) | 110.97 | 218 | 276.81 | 283.42 | 543.84 | 31.14 | 20.72 | 30.96 | 38.97 | 36.44 | 31.81 |
| Total Debt/Mcap(x) | 0 | 0 | 0.01 | 0.01 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| # | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Promoter | 73.77 | 73.75 | 73.74 | 73.69 | 73.69 | 73.66 | 73.66 | 73.59 | 73.58 | 73.58 |
| FII | 5.9 | 5.63 | 5.51 | 4.46 | 4.35 | 4.19 | 5.18 | 4.84 | 4.67 | 4.23 |
| DII | 10.78 | 11.33 | 12.09 | 13.07 | 13.73 | 14.06 | 13.68 | 13.87 | 14.13 | 14.57 |
| Public | 9.55 | 9.28 | 8.65 | 8.77 | 8.24 | 8.09 | 7.48 | 7.69 | 7.61 | 7.62 |
| Others | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| # | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Promoter | 7.8 | 7.8 | 7.8 | 7.8 | 7.8 | 7.8 | 7.8 | 7.8 | 7.8 | 7.8 |
| FII | 0.62 | 0.6 | 0.58 | 0.47 | 0.46 | 0.44 | 0.55 | 0.51 | 0.5 | 0.45 |
| DII | 1.14 | 1.2 | 1.28 | 1.38 | 1.45 | 1.49 | 1.45 | 1.47 | 1.5 | 1.54 |
| Public | 1.01 | 0.98 | 0.91 | 0.93 | 0.87 | 0.86 | 0.79 | 0.82 | 0.81 | 0.81 |
| Others | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 10.57 | 10.57 | 10.58 | 10.58 | 10.58 | 10.59 | 10.59 | 10.6 | 10.6 | 10.6 |
* The pros and cons are machine generated.
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