L&T Technology Services financials

Latest results Q2 FY27 · Jul–Sep 2026
Revenue
₹3,040cr+2.0% on Q2 FY26
Net profit
₹549cr+66.7% on Q2 FY26
EBITDA margin
19.3%+2.8 pts on Q2 FY26
EPS
₹51.67+66.6% on Q2 FY26

Quarterly results

Every quarter ›
₹ croreQ2 FY27Q2 FY26Change
Revenue3,0402,980+2.0%
EBITDA586491+19.4%
EBITDA margin19.3%16.5%+2.8 pts
Profit before tax514448+14.6%
Net profit549329+66.7%
EPS₹51.67₹31.02+66.6%

Over time

Q2 FY27 · Jul–Sep 2026latest
Revenue₹3,040 crNet profit₹549 crNet margin18.1%

Amounts on the left scale in ₹ crore; per cent on the right, dashed. L = lakh crore, K = thousand crore. Touch the chart to read any period.

Key numbersby financial year

₹ crore except per share
Tap a line for its trendCurrentlast 12MFY26Mar 2026FY25Mar 2025FY24Mar 2024FY23Mar 2023FY22 and earlierAlpha Plus
43,334————
FY22 and earlierEvery year the company has filed comes with Alpha Plus.
3,5893,0782,3432,4162,643
20.619.517.520.718.0
39,766————
11,76210,99610,6709,6478,014
—+3.1%+10.6%+20.4%—
2,1691,9351,8931,9191,711
18.4%17.6%17.7%19.9%21.4%
1,8201,5901,5871,6471,479
1,5421,2811,2641,3061,174
13.1%11.7%11.8%13.5%14.7%
₹145.24₹120.68₹119.50₹122.99₹110.36
—+1.0%−2.8%+11.4%—
—1,4551,4811,4931,305
—−185−112−253−176
1,2701,2701,3701,2401,130
Open the chart

From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.

LTTS₹4,088.10

L&T Technology Services Ltd.

· Technology
₹ CrorePeersKPITTECHTATAELXSICYIENTHEXTOFSSMPHASISCOFORGEPERSISTENTMcap ₹43,334 Cr
HighlightsEnterprise ValueMultiplesPer ShareAnnuals · FY-end closes
In ₹ Crore except Per Share
12 Months Ending
FY23
31/03/2023
FY24
31/03/2024
FY25
31/03/2025
FY26
31/03/2026
Current/LTM
TTM · last close
Market Capitalization————43,333.9
- Cash, Equiv & ST Investments2,643.42,415.72,343.43,078.33,588.8
+ Minority Interest18.020.717.519.520.6
Enterprise Value————39,765.7
Revenue8,013.69,647.310,670.110,995.911,761.9
Growth %, YoY—+20.4+10.6+3.1—
EBITDA1,710.71,919.01,892.51,935.02,169.3
Margin %21.3519.8917.7417.6018.44
EBIT1,479.21,647.41,587.21,589.81,819.8
Net Income1,174.11,306.31,263.51,281.11,541.6
Margin %14.6513.5411.8411.6513.11
EPS, Adj (current shares)110.36122.99119.50120.68145.24
Growth %, YoY—+11.4-2.8+1.0—
Cash from Operations1,305.11,492.81,481.11,455.1—
Capital Expenditures-175.5-252.8-111.6-185.1—
Free Cash Flow1,129.61,240.01,369.51,270.01,270.0
Market Cap/EV/multiples pair each (split/bonus-adjusted) FY-end close with the latest filed share count; Current column uses the last close. Market Capitalization is a market-level figure — identical across Consolidated/Standalone (the accounting rows below differ). No consensus estimates → no Est columns. Click any row to chart it.
« ‹ › »Latest: FY26 · ConsolidatedFA Financial Analysis · alphave
Data & compliance. Descriptive financial information from official NSE/BSE filings — for information and education only, not investment advice, a recommendation, or a valuation. Standalone = parent entity; consolidated includes subsidiaries. Historical multiples pair each fiscal year's filed figures with that FY-end market close; the Current column uses the last close with the latest filed annuals. Figures are cross-verified via accounting identities and NSE×BSE agreement — XBRL cross-verified ✓ 95%.

LTTS financials and key ratios

Prices at the 29 October 2026 close · figures from the company's filings with NSE

L&T Technology Services (NSE: LTTS) had a market capitalisation of ₹44,336 crore at the 29 October 2026 close (₹4,182.60 a share), a PE ratio of 28.8 on the last four quarters' profit and a price-to-book ratio of 6.26. In FY26 its consolidated net profit attributable to shareholders was ₹1,279 crore on revenue of ₹10,996 crore; in Q2 FY27 (July–September 2026) it was ₹548 crore, up 66.8% year on year. It had no borrowings on 30 September 2026. Promoters held 73.51% of the shares on 30 September 2026.

LTTS Q2 FY27 results
filed 19 October 2026
Share price used
₹4,182.60 · 29 October 2026 close
Latest balance sheet
30 September 2026
Shareholding pattern
30 September 2026

LTTS at a glance · consolidated

Market cap
₹44,336 Crat ₹4,182.60 · 29 Oct close
PE ratio (last 4 quarters)
28.834.7 on FY26 profit
Price to book (PB)
6.26book value ₹668.02 a share
ROE (FY26)
20.4%−1.8 pts vs FY25ROCE 21.8%
Debt to equity
0.00net cash ₹3,590 Cr
Promoter holding
73.51%unchanged vs 30 Jun 202630 September 2026
Dividend yield
1.43%₹60 a share in 12 months
Net worth
₹7,081 Cr+14.4% vs 30 Sep 202530 September 2026
Free cash flow (FY26)
₹1,270 Cr−7.3% vs FY25

Questions

What is the LTTS PE ratio today?

LTTS's PE ratio is 28.8 at the 29 October 2026 close (₹4,182.60 a share): a market capitalisation of ₹44,336 crore divided by consolidated net profit attributable to shareholders of ₹1,540 crore over the last four quarters (Q3 FY26 to Q2 FY27). On FY26 net profit attributable to shareholders (₹1,279 crore) it is 34.7.

What is the LTTS PB ratio (price to book value)?

LTTS's price-to-book (PB) ratio is 6.26 at the 29 October 2026 close: a market capitalisation of ₹44,336 crore divided by shareholders' equity (book value) of ₹7,081 crore on 30 September 2026. That is a book value of ₹668.02 per share against a share price of ₹4,182.60.

What is the LTTS net worth?

LTTS's net worth — shareholders' equity in its consolidated balance sheet — was ₹7,081 crore on 30 September 2026, up 14.4% from ₹6,189 crore a year earlier. Its market value is a different figure: a market capitalisation of ₹44,336 crore at the 29 October 2026 close.

What is the LTTS market cap?

LTTS's market capitalisation was ₹44,336 crore at the 29 October 2026 close: 10.6 crore shares at ₹4,182.60 each.

Is LTTS debt free?

Yes. LTTS had no borrowings on 30 September 2026 (consolidated balance sheet), and it held ₹3,590 crore of cash, bank balances and current investments.

What is the LTTS debt to equity ratio?

LTTS's debt-to-equity ratio was 0.00 on 30 September 2026: no borrowings against total equity of ₹7,102 crore. A year earlier, on 30 September 2025, it was 0.00.

What is the LTTS ROE and ROCE?

In FY26, LTTS's return on equity (ROE) was 20.4% and its return on capital employed (ROCE) was 21.8%. ROE is net profit attributable to shareholders divided by average shareholders' equity (the start and end of the year); ROCE is operating profit (EBIT) divided by average capital employed (total assets less current liabilities). In FY25, ROE was 22.2% and ROCE 25.2%.

What is the LTTS book value per share?

LTTS's book value per share was ₹668.02 on 30 September 2026: shareholders' equity of ₹7,081 crore divided by the 10.6 crore shares in issue, up 14.4% from ₹583.87 a year earlier. The share price at the 29 October 2026 close was ₹4,182.60.

What is the LTTS shareholding pattern?

On 30 September 2026, LTTS's shares were held by promoters 73.51%, foreign portfolio investors (FII/FPI) 4.43%, domestic institutions (DII) 13.76% (including mutual funds at 3.15%) and retail and other non-institutional investors 8.29%. Over the year, FII holding was down 0.24 percentage points from 4.67% and DII holding was down 0.37 percentage points from 14.13%.

What is the LTTS EPS?

LTTS's basic earnings per share (EPS) were ₹120.71 in FY26, against ₹119.70 in FY25. Over the last four quarters (Q3 FY26 to Q2 FY27) they add up to ₹145.19.

What is the LTTS dividend in 2026 and its record date?

In 2026, LTTS has declared two dividends totalling ₹60 a share: ₹40 with record date 22 May 2026 and ₹20 (interim) with record date 27 October 2026.

What is the LTTS free cash flow?

In FY26, LTTS generated ₹1,455 crore of cash from operations and spent ₹185 crore on capital expenditure (property, plant, equipment and intangibles), leaving free cash flow of ₹1,270 crore. In FY25 it was ₹1,370 crore.

What is the LTTS dividend yield?

LTTS's dividend yield is 1.43% at the 29 October 2026 close: dividends of ₹60 a share that went ex-dividend in the 12 months before that day, divided by the share price of ₹4,182.60. They were ₹20 on 27 October 2026 (interim) and ₹40 on 22 May 2026.

What is the LTTS promoter holding?

Promoters held 73.51% of LTTS on 30 September 2026, down 0.01 percentage points from 73.52% the previous quarter and down 0.07 percentage points from 73.58% a year earlier, according to the shareholding pattern filed with NSE.

What are the LTTS latest quarterly results?

LTTS's latest results are for Q2 FY27 (July–September 2026), filed on 19 October 2026: consolidated net profit attributable to shareholders ₹548 crore, up 66.8% from ₹329 crore in Q2 FY26; revenue from operations ₹3,040 crore, up 2.0% year on year.

What is the LTTS revenue and profit in FY26?

In FY26 (April 2025–March 2026), LTTS's consolidated net profit attributable to shareholders was ₹1,279 crore, up 1.0% from ₹1,267 crore in FY25, on revenue from operations of ₹10,996 crore (up 3.1%). Over three years, from FY23, net profit was up 9.4%.

When are the LTTS next results?

LTTS has reported Q2 FY27. Its next results, for Q3 FY27 (October–December 2026), are due by 14 February 2027 under SEBI's 45-day rule; the company notifies the board-meeting date at least two working days before.

How does the LTTS PE ratio compare with its peers?

At the 29 October 2026 closing prices, on FY26 net profit attributable to shareholders, LTTS's PE ratio is 34.7, the highest of the three: KPIT Tech 23.3 and Cyient 28.0, a peer average of 25.6. Each is the company's market capitalisation at that price divided by its FY26 net profit.

How does LTTS compare with its peers?

On FY26 consolidated figures, against KPIT Tech and Cyient: LTTS's operating margin of 14.5% is the second highest of the three (KPIT Tech 14.8%, Cyient 8.7%; peer average 11.8%); its return on equity of 20.4% is the highest of the three (KPIT Tech 19.8%, Cyient 7.8%; peer average 13.8%); its revenue growth over three years of 11.1% a year is the second highest of the three (KPIT Tech 24.3% a year, Cyient 6.5% a year; peer average 15.4% a year).

LTTS vs KPIT Tech: how do they compare?

In FY26, LTTS earned net profit attributable to shareholders of ₹1,279 crore on revenue of ₹10,996 crore, against ₹637 crore on ₹6,455 crore for KPIT Tech. LTTS's operating margin was 14.5% (KPIT Tech 14.8%) and its return on equity 20.4% (KPIT Tech 19.8%). At the 29 October 2026 close, LTTS's market capitalisation was ₹44,336 crore against ₹14,819 crore for KPIT Tech, and its PE ratio on FY26 profit 34.7 against 23.3.

Where do these LTTS figures come from?

From L&T Technology Services' own consolidated results, balance sheets and shareholding patterns filed with NSE, and NSE prices (the latest used here: the 29 October 2026 close). Ratios are calculated by Alphave from those filings as each answer describes.

Consolidated figures from the company's filings with NSE; prices are NSE closing prices.