- Valuation
- ₹49,297 Cr

About L&T Technology Services
L&T Technology Services is a publicly listed company based in Vadodara (India). Engineering and technology solutions are provided by LT Technology Services. It operates on a AI-as-a-Service and Professional Services model in Real Estate & Construction, Industrial Goods & Manufacturing, and Technology sectors. L&T Technology Services has completed 1 acquisition, including Esencia Technologies. Its Indian entity L&T Technology Services Limited reported revenue of βΉ11,268 Cr. L&T Technology Services offers products and services including Digital Engineering, Product Engineering, and AI Solutions. Its focus areas include Engineering Services, Digital Engineering, Product Engineering and Artificial Intelligence.
Company details
Engineering and technology solutions are delivered by LT Technology Services across multiple sectors including mobility, sustainability, and tech. Services such as digital engineering, product engineering, and AI-driven innovations are offered to clients globally. Industries like automotive, aerospace, manufacturing, and medtech are served with a focus on intelligent and sustainable solutions. Operations span over 25 countries with a strong emphasis on purposeful and agile innovation.
Recognitions & Rankings of L&T Technology Services
- Headquarters Vadodara, India
- Stage Public
- SectorsReal Estate & ConstructionIndustrial Goods & Manufacturing Technology
- Emailβ’β’β’β’β’β’β’β’
- Phoneβ’β’β’β’ β’β’β’β’
- Website lnttechservices.com
- Social LinkedIn Instagram YouTube
- Legal Name L&T Technology Services Limited
- Date of Incorporation 14 Jun, 2012
- Jurisdiction Mumbai, Maharashtra, India
- Market Cap₹41,958 Cr
LTTS · NSE
- Share Price₹3,910.30
-1.13% today
- Revenue₹10,996 Cr
FY 2025-26 · +14.0% YoY
- EBITDA₹1,863 Cr
Margin 16.9%
- Net Profit₹1,351 Cr
FY 2025-26 · +6.9% YoY
- P/E (TTM)30.4x
P/B 6.0x
- ROE20.4%
ROCE 25.4%
- Debt / Equity0.09
Interest cover 4.2x
- Investments & Acquisitions
Associated legal entities of L&T Technology Services
L&T Technology Services operates through L&T Technology Services Limited, a listed company (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2026) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| L&T Technology Services Limited Listed CIN L72900MH2012PLC232169 | Active | 14 Jun 2012 | Mumbai, Maharashtra | ₹11,268 Cr | 15,137 | 13 | View details |
Products & Services of L&T Technology Services
L&T Technology Services offers a comprehensive portfolio of products and services, including Digital Engineering, Product Engineering, and AI Solutions.
Digital solutions are provided for engineering transformation needs.
Product development lifecycles are accelerated using advanced technologies.
AI-driven innovations are delivered for various industry applications.
Apps and channels of L&T Technology Services
its YouTube channel L&T Technology Services has 26.2K subscribers and 30 videos.
Videos from L&T Technology Services
The most watched videos on L&T Technology Services's YouTube channel, L&T Technology Services (26.2K subscribers). Click a video to play it here.
More on L&T Technology Services.
Board of directors of L&T Technology Services Limited (L&T Technology Services)
L&T Technology Services Limited is the primary company behind L&T Technology Services. The board of L&T Technology Services Limited currently have 11 directors; the longest-serving is Keshab Panda, appointed in 2012. 18 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Keshab Panda DIN 05296942 | Director | 14 Jun 2012 | 14 yrs 4 mo | L&T Technology Services Limited |
| Sekharipuram Narayanan Subrahmanyan DIN 02255382 | Director | 10 Jan 2015 | 11 yrs 9 mo | L&T Technology Services Limited |
| Amit Chadha DIN 07076149 | Managing Director | 01 Feb 2015 | 11 yrs 8 mo | L&T Technology Services Limited |
| Apurva Purohit DIN 00190097 | Director | 11 Dec 2019 | 6 yrs 10 mo | L&T Technology Services Limited |
| Chandrasekaran Ramakrishnan DIN 00580842 | Director | 19 Oct 2020 | 6 yrs | L&T Technology Services Limited |
| Luis Miranda DIN 01055493 | Director | 19 Oct 2021 | 5 yrs | L&T Technology Services Limited |
| Alind Saxena DIN 10118258 | Whole-time director | 26 Apr 2023 | 3 yrs 5 mo | L&T Technology Services Limited |
| Aruna Sundararajan DIN 03523267 | Director | 26 Apr 2023 | 3 yrs 5 mo | L&T Technology Services Limited |
| Rajeev Trilokinath Gupta DIN 06782710 | Whole-time director | 22 Apr 2026 | 6 mo | L&T Technology Services Limited |
| Amitabh Kant DIN 00222708 | Director | 22 Apr 2026 | 6 mo | L&T Technology Services Limited |
| Sumithra Gomatam DIN 07262602 | Director | 09 May 2026 | 5 mo | L&T Technology Services Limited |
People of L&T Technology Services
334 people are tracked at L&T Technology Services (65 in leadership, 9 in board & advisors, 260 in team).
| Name | Role | Group |
|---|---|---|
Shashank Shekhar Mishra | Senior Director Business Development | Leadership |
Rakesh B Manohara | Director Of Business Development | Leadership |
Hemantha Kumar A | Head Of Digital Cockpit & Connected Practice | Leadership |
Gokul Bhoopathi | Director, Business Development | Leadership |
Kumaran Manoharan | Delivery Head | Leadership |
Jalaja Menon | Head - India Business | Leadership |
Shailendra Shukla | Embedded Vertical Head | Leadership |
Mainak Samanta | Account Director | Leadership |
| CEO & Managing Director | Leadership | |
| Executive Director & President, Mobility & Tech | Leadership | |
Swaminathan S | Sales Head - India , Middle East & Africa | Leadership |
Tanmoy Mukherjee | Senior Deputy General Manager ( Delivery Head - CAE ) | Leadership |
Jvs Ramakrishna | Global BU Head - Sustainable Smart World | Leadership |
Nagaraj Keshavamurthy | Area Vice President | Leadership |
Aditya Kumar Gupta | Business Development Director - MLS | Leadership |
Ayyamperumal Narayanasamy | Delivery Head | Leadership |
Sangeeta Baldota | Head Of Legal | Leadership |
Keerthi Vasan | DU Head - Automotive APAC | Leadership |
Dr. Oliver Moron | Vice President & Head Of DACH | Leadership |
Vijaya Bharathi | Delivery Head | Leadership |
314 more people are available in the full profile.
Complete people profiles for L&T Technology Services
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
IPO & Listings of L&T Technology Services
L&T Technology Services is a publicly listed company on the NSE with ticker symbol LTTS in India, operating in the IT - Software sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- Listed onNSE: LTTS
- Listed entityL&T Technology Services Limited
- Exchange sectorIT - Software
Financials of L&T Technology Services
Exchange-reported figures of L&T Technology Services Limited, the listed company behind L&T Technology Services (NSE: LTTS).
Financial Highlights
FY 2025-26 Β· ConsolidatedRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 10,996 | 9,642 | 9,647 | 8,014 | 6,570 | 5,450 | 5,619 |
| Revenue growth | +14.0% | -0.1% | +20.4% | +22.0% | +20.6% | -3.0% | - |
| EBITDA | 1,863 | 1,790 | 1,919 | 1,711 | 1,415 | 1,007 | 1,110 |
| EBITDA margin | +16.9% | +18.6% | +19.9% | +21.4% | +21.5% | +18.5% | +19.8% |
| Profit before tax | 1,726 | 1,713 | 1,804 | 1,644 | 1,309 | 897 | 1,100 |
| Net profit | 1,351 | 1,264 | 1,289 | 1,140 | 935 | 650 | 820 |
| Net profit margin | +12.3% | +13.1% | +13.4% | +14.2% | +14.2% | +11.9% | +14.6% |
| EPS (βΉ) | 120.68 | 119.50 | 122.99 | 110.88 | 90.71 | 63.17 | 78.33 |
| Balance sheet | |||||||
| Total assets | 7,422 | 6,713 | 6,016 | 5,445 | 4,686 | 3,996 | 3,295 |
| Net worth | 6,473 | 6,080 | 5,327 | 4,951 | 4,162 | 3,473 | 2,769 |
| Total debt | 578 | 578 | 659 | 454 | 477 | 480 | 30.30 |
| Cash & bank | 1,650 | 1,566 | 1,390 | 690 | 674 | 233 | 244 |
| Net working capital | 2,872 | 2,649 | 2,539 | 1,599 | 1,610 | 968 | 1,291 |
| Cash flow | |||||||
| Cash from operations | 1,455 | 1,481 | 1,493 | 1,305 | 1,006 | 1,332 | 638 |
| Cash from investing | (443) | (509) | (233) | (572) | (448) | (1,005) | (222) |
| Cash from financing | (800) | (718) | (658) | (444) | (498) | (363) | (406) |
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 3,040 | 2,940 | 2,858 | 2,787 | 2,713 | 2,638 | 2,638 | 2,653 |
| Revenue growth (YoY) | +12.1% | +11.5% | +8.3% | +5.1% | +5.5% | +7.1% | - | - |
| Other income | 200 | 33.90 | 68.00 | 44.10 | 77.20 | 83.00 | 79.80 | 33.50 |
| EBITDA | 586 | 548 | 484 | 463 | 474 | 441 | 433 | 495 |
| EBITDA margin | +19.3% | +18.6% | +16.9% | +16.6% | +17.5% | +16.7% | +16.4% | +18.6% |
| Depreciation | 89.30 | 87.00 | 86.50 | 86.10 | 92.00 | 80.60 | 80.90 | 72.80 |
| Interest | 13.90 | 14.40 | 17.00 | 14.90 | 15.70 | 16.40 | 15.90 | 15.50 |
| Profit before tax | 682 | 481 | 449 | 406 | 444 | 427 | 416 | 440 |
| Tax | 133 | 124 | 116 | 103 | 115 | 111 | 106 | 120 |
| Net profit | 549 | 357 | 333 | 303 | 329 | 316 | 310 | 320 |
| EPS (βΉ) | 51.61 | 33.59 | 31.30 | 28.52 | 30.97 | 29.77 | 29.32 | 30.40 |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 9,207 | 8,505 | 8,679 | 7,910 | 5,874 | 4,964 | 5,181 |
| Revenue growth | +8.3% | -2.0% | +9.7% | +34.7% | +18.3% | -4.2% | - |
| EBITDA | 1,684 | 1,690 | 1,829 | 1,644 | 1,319 | 938 | 1,031 |
| EBITDA margin | +18.3% | +19.9% | +21.1% | +20.8% | +22.5% | +18.9% | +19.9% |
| Profit before tax | 1,625 | 1,655 | 1,739 | 1,600 | 1,251 | 895 | 1,055 |
| Net profit | 1,261 | 1,169 | 1,211 | 1,118 | 896 | 659 | 792 |
| Net profit margin | +13.7% | +13.7% | +14.0% | +14.1% | +15.3% | +13.3% | +15.3% |
| EPS (βΉ) | 113.79 | 115.18 | 118.73 | 109.31 | 87.06 | 64.10 | 75.60 |
| Balance sheet | |||||||
| Total assets | 6,812 | 6,313 | 5,688 | 4,650 | 4,448 | 3,832 | 3,125 |
| Net worth | 5,927 | 5,748 | 5,051 | 4,204 | 3,982 | 3,340 | 2,620 |
| Total debt | 541 | 535 | 627 | 424 | 448 | 472 | 23.90 |
| Cash & bank | 1,321 | 1,267 | 1,178 | 616 | 617 | 200 | 227 |
| Net working capital | 2,340 | 2,333 | 2,291 | 858 | 1,485 | 886 | 1,215 |
| Cash flow | |||||||
| Cash from operations | 1,272 | 1,428 | 1,341 | 1,267 | 899 | 1,267 | 664 |
| Cash from investing | (309) | (554) | (231) | (560) | (389) | (965) | (280) |
| Cash from financing | (782) | (705) | (647) | (434) | (476) | (354) | (377) |
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 2,587 | 2,469 | 2,409 | 2,333 | 2,270 | 2,196 | 2,206 | 2,412 |
| Revenue growth (YoY) | +14.0% | +12.5% | +9.2% | -3.3% | -2.4% | -2.3% | - | - |
| Other income | 194 | 31.80 | 61.70 | 45.30 | 75.60 | 83.50 | 79.70 | 30.20 |
| Total expenses | 2,066 | 1,973 | 1,982 | 1,908 | 1,845 | 1,787 | 1,797 | 1,939 |
| EBITDA | 521 | 496 | 427 | 424 | 425 | 408 | 409 | 473 |
| EBITDA margin | +20.1% | +20.1% | +17.7% | +18.2% | +18.7% | +18.6% | +18.5% | +19.6% |
| Depreciation | 69.00 | 66.70 | 67.00 | 66.80 | 71.60 | 60.70 | 58.40 | 69.30 |
| Interest | 12.10 | 12.70 | 15.60 | 13.80 | 14.50 | 15.70 | 15.40 | 15.00 |
| Profit before tax | 634 | 448 | 406 | 389 | 414 | 416 | 415 | 419 |
| Tax | 119 | 116 | 104 | 100 | 107 | 108 | 100 | 118 |
Financial Statements
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 3,040 | 2,940 | 2,858 | 2,787 | 2,713 | 2,638 | 2,638 | 2,653 |
| Revenue growth (YoY) | +12.1% | +11.5% | +8.3% | +5.1% | +5.5% | +7.1% | - | - |
| Other income | 200 | 33.90 | 68.00 | 44.10 | 77.20 | 83.00 | 79.80 | 33.50 |
| EBITDA | 586 | 548 | 484 | 463 | 474 | 441 | 433 | 495 |
| EBITDA margin | +19.3% | +18.6% | +16.9% | +16.6% | +17.5% | +16.7% | +16.4% | +18.6% |
| Depreciation | 89.30 | 87.00 | 86.50 | 86.10 | 92.00 | 80.60 | 80.90 | 72.80 |
| Interest | 13.90 | 14.40 | 17.00 | 14.90 | 15.70 | 16.40 | 15.90 | 15.50 |
| Profit before tax | 682 | 481 | 449 | 406 | 444 | 427 | 416 | 440 |
| Tax | 133 | 124 | 116 | 103 | 115 | 111 | 106 | 120 |
| Net profit | 549 | 357 | 333 | 303 | 329 | 316 | 310 | 320 |
| EPS (βΉ) | 51.61 | 33.59 | 31.30 | 28.52 | 30.97 | 29.77 | 29.32 | 30.40 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 10,996 | 9,642 | 9,647 | 8,014 | 6,570 | 5,450 | 5,619 |
| Revenue growth | +14.0% | -0.1% | +20.4% | +22.0% | +20.6% | -3.0% | - |
| Other income | 272 | 283 | 207 | 208 | 152 | 154 | 209 |
| Total expenses | 9,133 | 7,852 | 7,728 | 6,303 | 5,155 | 4,442 | 4,509 |
| Employee cost | 6,457 | 5,592 | 4,930 | 4,564 | 3,650 | 3,355 | 3,252 |
| EBITDA | 1,863 | 1,790 | 1,919 | 1,711 | 1,415 | 1,007 | 1,110 |
| EBITDA margin | +16.9% | +18.6% | +19.9% | +21.4% | +21.5% | +18.5% | +19.8% |
| Depreciation | 345 | 303 | 272 | 232 | 214 | 218 | 183 |
| Interest | 64.10 | 56.50 | 50.90 | 43.50 | 43.70 | 45.50 | 36.50 |
| Profit before tax | 1,726 | 1,713 | 1,804 | 1,644 | 1,309 | 897 | 1,100 |
| Tax | 444 | 450 | 498 | 470 | 349 | 231 | 278 |
| Net profit | 1,351 | 1,264 | 1,289 | 1,140 | 935 | 650 | 820 |
| Net profit margin | +12.3% | +13.1% | +13.4% | +14.2% | +14.2% | +11.9% | +14.6% |
| EPS (βΉ) | 120.68 | 119.50 | 122.99 | 110.88 | 90.71 | 63.17 | 78.33 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 21.20 | 21.20 | 21.20 | 21.10 | 21.10 | 21.00 | 20.90 |
| Reserves & surplus | 6,452 | 6,059 | 5,306 | 4,930 | 4,141 | 3,452 | 2,748 |
| Shareholders' funds (net worth) | 6,473 | 6,080 | 5,327 | 4,951 | 4,162 | 3,473 | 2,769 |
| Minority interest | 19.50 | 17.50 | 20.70 | 18.00 | 13.70 | 10.10 | 6.90 |
| Secured loans | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Unsecured loans | 578 | 578 | 659 | 454 | 477 | 480 | 30.30 |
| Total debt | 578 | 578 | 659 | 454 | 477 | 480 | 30.30 |
| Total liabilities | 7,422 | 6,713 | 6,016 | 5,445 | 4,686 | 3,996 | 3,295 |
| Assets | |||||||
| Gross block | 3,544 | 3,512 | 2,688 | 2,303 | 2,130 | 1,967 | 1,683 |
| Net block | 2,250 | 2,245 | 1,613 | 1,294 | 1,283 | 1,282 | 1,174 |
| Capital work in progress | 11.70 | 28.00 | 13.10 | 6.50 | 9.90 | 11.90 | 8.70 |
| Investments | 1,896 | 1,310 | 1,493 | 2,284 | 1,478 | 1,515 | 642 |
| Inventories | 5.80 | 3.90 | 3.30 | 0.00 | 0.00 | 0.00 | 0.00 |
| Sundry debtors | 2,015 | 2,513 | 2,180 | 1,730 | 1,696 | 1,235 | 1,381 |
| Cash & bank balances | 1,650 | 1,566 | 1,390 | 690 | 674 | 233 | 244 |
| Loans & advances | 2,267 | 1,422 | 1,363 | 612 | 563 | 520 | 675 |
| Total current assets | 5,938 | 5,504 | 4,937 | 3,032 | 2,933 | 1,988 | 2,299 |
| Total current liabilities | 3,066 | 2,855 | 2,398 | 1,433 | 1,324 | 1,019 | 1,008 |
| Net working capital | 2,872 | 2,649 | 2,539 | 1,599 | 1,610 | 968 | 1,291 |
| Total assets | 7,422 | 6,713 | 6,016 | 5,445 | 4,686 | 3,996 | 3,295 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 1,382 | 1,129 | 527 | 237 | 178 | 213 | 203 |
| Net cash from operating activities | 1,455 | 1,481 | 1,493 | 1,305 | 1,006 | 1,332 | 638 |
| Net cash from investing activities | (443) | (509) | (233) | (572) | (448) | (1,005) | (222) |
| Net cash from financing activities | (800) | (718) | (658) | (444) | (498) | (363) | (406) |
| Net change in cash | 213 | 254 | 602 | 290 | 59.70 | (35.60) | 9.90 |
| Closing cash | 1,650 | 1,566 | 1,390 | 690 | 674 | 233 | 244 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +14.0% | -0.1% | +20.4% | +22.0% | +20.6% | -3.0% | - |
| EBITDA growth | +4.1% | -6.7% | +12.2% | +20.9% | +40.5% | -9.3% | - |
| PBT growth | +0.7% | -5.0% | +9.7% | +25.6% | +45.9% | -18.4% | +6.7% |
| Net income growth | +6.9% | -2.0% | +13.1% | +21.9% | +43.9% | -20.8% | - |
| Revenue CAGR (3Y) | +11.1% | +13.6% | +21.0% | +12.6% | +9.0% | +13.3% | +20.0% |
| EBITDA CAGR (3Y) | +2.9% | +8.2% | +24.0% | +15.5% | +15.7% | +20.5% | +23.8% |
| Profitability & leverage | |||||||
| Net income margin | +11.7% | +13.1% | +13.5% | +14.7% | +14.6% | +12.2% | +14.6% |
| Return on capital employed | +25.4% | +27.9% | +34.0% | +33.4% | +31.3% | +25.9% | +38.9% |
| Return on net worth | +20.4% | +22.2% | +26.8% | +25.8% | +25.2% | +21.4% | +31.3% |
| Debt / equity | 0.09 | 0.11 | 0.11 | 0.10 | 0.13 | 0.08 | 0.02 |
| Long-term debt / equity | 0.07 | 0.08 | 0.09 | 0.09 | 0.11 | 0.06 | 0.00 |
| Interest cover | 4.22 | 3.80 | 3.09 | 2.94 | 3.64 | 5.77 | 3.93 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 3.12 | 3.11 | 3.86 | 3.62 | 3.21 | 2.99 | 4.03 |
| Inventory turnover | 2,267.20 | 2,678.39 | 3,937.67 | 0.00 | 0.00 | 0.00 | 0.00 |
| Debtors turnover | 4.86 | 4.11 | 4.45 | 4.68 | 4.48 | 4.17 | 4.60 |
| EPS (βΉ) | 120.68 | 119.50 | 122.99 | 110.88 | 90.71 | 63.17 | 78.33 |
| Dividend per share (βΉ) | 58.00 | 55.00 | 50.00 | 45.00 | 35.00 | 22.00 | 21.00 |
| Book value per share (βΉ) | 610.63 | 573.58 | 502.56 | 469.28 | 394.55 | 330.77 | 264.94 |
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 2,587 | 2,469 | 2,409 | 2,333 | 2,270 | 2,196 | 2,206 | 2,412 |
| Revenue growth (YoY) | +14.0% | +12.5% | +9.2% | -3.3% | -2.4% | -2.3% | - | - |
| Other income | 194 | 31.80 | 61.70 | 45.30 | 75.60 | 83.50 | 79.70 | 30.20 |
| Total expenses | 2,066 | 1,973 | 1,982 | 1,908 | 1,845 | 1,787 | 1,797 | 1,939 |
| EBITDA | 521 | 496 | 427 | 424 | 425 | 408 | 409 | 473 |
| EBITDA margin | +20.1% | +20.1% | +17.7% | +18.2% | +18.7% | +18.6% | +18.5% | +19.6% |
| Depreciation | 69.00 | 66.70 | 67.00 | 66.80 | 71.60 | 60.70 | 58.40 | 69.30 |
| Interest | 12.10 | 12.70 | 15.60 | 13.80 | 14.50 | 15.70 | 15.40 | 15.00 |
| Profit before tax | 634 | 448 | 406 | 389 | 414 | 416 | 415 | 419 |
| Tax | 119 | 116 | 104 | 100 | 107 | 108 | 100 | 118 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 9,207 | 8,505 | 8,679 | 7,910 | 5,874 | 4,964 | 5,181 |
| Revenue growth | +8.3% | -2.0% | +9.7% | +34.7% | +18.3% | -4.2% | - |
| Other income | 266 | 284 | 203 | 202 | 154 | 174 | 212 |
| Total expenses | 7,523 | 6,816 | 6,850 | 6,266 | 4,555 | 4,026 | 4,150 |
| Employee cost | 5,166 | 4,784 | 4,350 | 4,019 | 3,193 | 3,001 | 2,926 |
| EBITDA | 1,684 | 1,690 | 1,829 | 1,644 | 1,319 | 938 | 1,031 |
| EBITDA margin | +18.3% | +19.9% | +21.1% | +20.8% | +22.5% | +18.9% | +19.9% |
| Depreciation | 266 | 264 | 246 | 205 | 183 | 174 | 153 |
| Interest | 59.60 | 54.50 | 47.70 | 40.20 | 39.40 | 43.50 | 35.10 |
| Profit before tax | 1,625 | 1,655 | 1,739 | 1,600 | 1,251 | 895 | 1,055 |
| Tax | 419 | 434 | 481 | 447 | 332 | 222 | 265 |
| Net profit | 1,261 | 1,169 | 1,211 | 1,118 | 896 | 659 | 792 |
| Net profit margin | +13.7% | +13.7% | +14.0% | +14.1% | +15.3% | +13.3% | +15.3% |
| EPS (βΉ) | 113.79 | 115.18 | 118.73 | 109.31 | 87.06 | 64.10 | 75.60 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 21.20 | 21.20 | 21.20 | 21.10 | 21.10 | 21.00 | 20.90 |
| Reserves & surplus | 5,906 | 5,727 | 5,030 | 4,183 | 3,960 | 3,319 | 2,599 |
| Shareholders' funds (net worth) | 5,927 | 5,748 | 5,051 | 4,204 | 3,982 | 3,340 | 2,620 |
| Secured loans | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 23.90 |
| Unsecured loans | 541 | 535 | 627 | 424 | 448 | 472 | 0.00 |
| Total debt | 541 | 535 | 627 | 424 | 448 | 472 | 23.90 |
| Total liabilities | 6,812 | 6,313 | 5,688 | 4,650 | 4,448 | 3,832 | 3,125 |
| Assets | |||||||
| Gross block | 2,205 | 2,270 | 2,244 | 1,889 | 1,658 | 1,546 | 1,353 |
| Net block | 1,258 | 1,274 | 1,390 | 1,067 | 1,014 | 1,020 | 960 |
| Capital work in progress | 11.70 | 28.00 | 13.10 | 6.50 | 9.90 | 11.90 | 8.70 |
| Investments | 2,846 | 2,219 | 1,646 | 2,439 | 1,647 | 1,701 | 765 |
| Inventories | 5.80 | 3.90 | 3.30 | 1.60 | 0.00 | 0.00 | 0.00 |
| Sundry debtors | 1,711 | 2,250 | 2,054 | 1,968 | 1,583 | 1,175 | 1,321 |
| Cash & bank balances | 1,321 | 1,267 | 1,178 | 616 | 617 | 200 | 227 |
| Loans & advances | 2,183 | 1,285 | 1,298 | 1,355 | 466 | 446 | 624 |
| Total current assets | 5,220 | 4,807 | 4,533 | 3,940 | 2,666 | 1,821 | 2,172 |
| Total current liabilities | 2,880 | 2,474 | 2,242 | 3,082 | 1,182 | 935 | 957 |
| Net working capital | 2,340 | 2,333 | 2,291 | 858 | 1,485 | 886 | 1,215 |
| Total assets | 6,812 | 6,313 | 5,688 | 4,650 | 4,448 | 3,832 | 3,125 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 1,086 | 916 | 453 | 180 | 145 | 196 | 190 |
| Net cash from operating activities | 1,272 | 1,428 | 1,341 | 1,267 | 899 | 1,267 | 664 |
| Net cash from investing activities | (309) | (554) | (231) | (560) | (389) | (965) | (280) |
| Net cash from financing activities | (782) | (705) | (647) | (434) | (476) | (354) | (377) |
| Net change in cash | 180 | 169 | 463 | 272 | 34.70 | (51.30) | 6.60 |
| Closing cash | 1,321 | 1,267 | 1,178 | 616 | 617 | 200 | 227 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +8.3% | -2.0% | +9.7% | +34.7% | +18.3% | -4.2% | - |
| EBITDA growth | -0.3% | -7.7% | +11.3% | +24.6% | +40.6% | -9.0% | - |
| PBT growth | -1.8% | -4.8% | +8.7% | +28.0% | +39.7% | -15.2% | +12.1% |
| Net income growth | +7.9% | -3.5% | +8.3% | +24.7% | +36.0% | -16.7% | - |
| Revenue CAGR (3Y) | +5.2% | +13.1% | +20.5% | +15.2% | +7.6% | +12.3% | +18.5% |
| EBITDA CAGR (3Y) | +0.8% | +8.6% | +24.9% | +16.8% | +15.1% | +19.4% | +19.6% |
| Profitability & leverage | |||||||
| Net income margin | +13.1% | +14.4% | +14.5% | +14.6% | +15.6% | +13.6% | +15.3% |
| Return on capital employed | +25.7% | +28.5% | +34.6% | +36.1% | +31.2% | +27.0% | +38.9% |
| Return on net worth | +20.7% | +22.6% | +27.2% | +28.2% | +25.1% | +22.6% | +31.3% |
| Debt / equity | 0.09 | 0.11 | 0.11 | 0.11 | 0.13 | 0.08 | 0.01 |
| Long-term debt / equity | 0.07 | 0.08 | 0.09 | 0.09 | 0.11 | 0.07 | 0.00 |
| Interest cover | 4.20 | 3.82 | 3.01 | 2.79 | 3.47 | 5.69 | 4.00 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 4.11 | 3.77 | 4.20 | 4.46 | 3.67 | 3.42 | 4.83 |
| Inventory turnover | 1,898.37 | 2,362.53 | 3,542.41 | 9,887.50 | 0.00 | 0.00 | 0.00 |
| Debtors turnover | 4.65 | 3.95 | 4.32 | 4.45 | 4.26 | 3.98 | 4.43 |
| EPS (βΉ) | 113.79 | 115.18 | 118.73 | 109.31 | 87.06 | 64.10 | 75.60 |
| Dividend per share (βΉ) | 58.00 | 55.00 | 50.00 | 45.00 | 35.00 | 22.00 | 21.00 |
| Book value per share (βΉ) | 559.16 | 542.28 | 476.52 | 398.51 | 377.40 | 318.10 | 250.72 |
Investments & Acquisitions by L&T Technology Services
L&T Technology Services has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Esencia Technologies.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Provider of semiconductor design services | esenciatech.com | Santa Clara, United States | 2006 | May 2017 | $27M |
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Frequently Asked Questions about L&T Technology Services
L&T Technology Services is headquartered in Vadodara, India. It is registered at Vadodara, Gujarat, India.
The primary company behind L&T Technology Services, L&T Technology Services Limited, reported revenue of βΉ11,268 Cr for FY 2026, up 14% year on year.
Engineering and technology solutions are delivered by LT Technology Services across multiple sectors including mobility, sustainability, and tech. Services such as digital engineering, product engineering, and AI-driven innovations are offered to clients globally. Industries like automotive, aerospace, manufacturing, and medtech are served with a focus on intelligent and sustainable solutions. Operations span over 25 countries with a strong emphasis on purposeful and agile innovation.
L&T Technology Services offers Digital Engineering, Product Engineering, and AI Solutions.
Yes, L&T Technology Services is publicly traded on NSE under the ticker symbol LTTS.
L&T Technology Services has made 1 acquisition, including Esencia Technologies.
L&T Technology Services operates through L&T Technology Services Limited.
The legal entities of L&T Technology Services currently have 12 directors, including Rajeev Trilokinath Gupta, Sekharipuram Narayanan Subrahmanyan, Apurva Purohit and others.
