- Valuation
- ₹49,297 Cr

About L&T Technology Services Limited
Data last updated:
L&T Technology Services Limited is a public limited company based in Mumbai, Maharashtra, India, a subsidiary of Larsen And Toubro Limited. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 14 June 2012 and has been in existence for over 14 years.
L and T Technology Services is part of the Nifty 500 and BSE 500 indices.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L72900MH2012PLC232169. Its GSTIN is 27AACCL4310P8Z6 (Maharashtra). The company holds 22 GST registrations, of which 21 are active. It is a listed company as per MCA records. Its shares are listed on BSE: 540115 and NSE: LTTS.
The company has an authorised share capital of ₹1,057.06 Cr and a paid-up capital of ₹21.22 Cr. It was formerly known as L&T Technology and Engineering Services Company Limited. It is led by directors including Amit Chadha (Managing Director) and Rajeev Trilokinath Gupta (Whole-Time Director).
Its last annual general meeting (AGM) was held on 01 June 2026, and its latest financial statements are for the year ended 31 March 2026. The registered office is at L&T House N.M.Marg Ballard Estate, Mumbai, Maharashtra, India – 400001.
As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹10,996 Cr, a growth of 14% compared to the previous year. For the same year it recorded a net profit of ₹1,351.44 Cr (net margin 12.3%) and EBITDA of ₹1,862.6 Cr (EBITDA margin 16.9%). The net worth stands at ₹6,472.7 Cr (up 6.5% YoY). Total assets are valued at ₹7,422.5 Cr (up 10.6% YoY).
Its group structure includes 4 subsidiaries.
The company is associated with 3 brands: L&T, L&T Technology Services and L&T Technology Services. As per MCA filings, the company has open charges of ₹5 Cr and satisfied charges of ₹125 Cr on record. Court records list 15 cases involving the company, including 3 filed by the company and 12 filed against it; 1 case is pending. The company has 6 deals on record (4 market trades, 1 secondary share transfer, 1 ipo); the latest was in April 2023. The company has 4 MSME Form 1 returns on record between 2021 and 2024, listing 70 overdue payments to 44 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website lnttechservices.com.
Company details
CIN history
L&T Technology Services has one previous CIN (Corporate Identification Number): U72900MH2012PLC232169. The current CIN is L72900MH2012PLC232169, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L72900MH2012PLC232169 | Current |
| U72900MH2012PLC232169 | Previous |
Recognitions & Rankings of L&T Technology Services
Contact details
L&T Technology Services Limited's registered office is in Mumbai, Maharashtra. Its website is lnttechservices.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressL&T House N.M.Marg Ballard Estate, Mumbai, Maharashtra, India – 400001
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of L&T Technology Services Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Brands
L&T Technology Services operates multiple associated brands including L&T, L&T Technology Services, and L&T Technology Services. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Engineering and automation solutions are provided for diverse industries. | larsentoubro.com | |
| Software, AI, cloud, cybersecurity, and engineering consulting services are provided. | ltts.com | |
| Engineering and technology solutions are provided by L&T Technology Services. | lnttechservices.com |
Business activity
The main business activity of L&T Technology Services is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | 62 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of L&T Technology Services Limited, buy the company report.
Financials of L&T Technology Services Limited
FY 2025-26 filings availableL&T Technology Services Limited reported revenue of ₹10,996 Cr (up 14% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · 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 (₹) | 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 (₹) | 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 (₹) | 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 (₹) | 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 (₹) | 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 (₹) | 120.68 | 119.50 | 122.99 | 110.88 | 90.71 | 63.17 | 78.33 |
| Dividend per share (₹) | 58.00 | 55.00 | 50.00 | 45.00 | 35.00 | 22.00 | 21.00 |
| Book value per share (₹) | 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 (₹) | 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 (₹) | 113.79 | 115.18 | 118.73 | 109.31 | 87.06 | 64.10 | 75.60 |
| Dividend per share (₹) | 58.00 | 55.00 | 50.00 | 45.00 | 35.00 | 22.00 | 21.00 |
| Book value per share (₹) | 559.16 | 542.28 | 476.52 | 398.51 | 377.40 | 318.10 | 250.72 |
To see the full year-wise statements and ratios of L&T Technology Services Limited, buy the company report.
Board of directors of L&T Technology Services Limited
L&T Technology Services has 11 current directors and 18 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajeev Trilokinath Gupta | Whole-Time Director | 22 Apr 2026 | 0 Years 6 Months | Current |
| Sekharipuram Narayanan Subrahmanyan | Director | 10 Jan 2015 | 11 Years 10 Months | Current |
| Apurva Purohit Also directs: Marico Limited, Navin Fluorine International Limited, Leela Palaces Hotels & Resorts Limited and 4 more | Director | 11 Dec 2019 | 6 Years 10 Months | Current |
| Keshab Panda Also directs: Digit7 India Private Limited | Director | 14 Jun 2012 | 14 Years 4 Months | Current |
| Amit Chadha | Managing Director | 01 Feb 2015 | 11 Years 9 Months | Current |
| Chandrasekaran Ramakrishnan Also directs: LTM Limited, Nido Home Finance Limited, Newgen Digitalworks Private Limited and 1 more | Director | 19 Oct 2020 | 6 Years 0 Months | Current |
Auditor
L&T Technology Services Limited is audited by M S K A & Associates LLP for the financial year 2026.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M S K A & Associates LLP | FY 2026 | 105047W/W101187 |
Shareholding
Shareholding for the quarter ended Sep 2026: promoters hold 73.50%, foreign institutional investors hold 4.10%, domestic institutional investors hold 14.10% and retail and other public shareholders hold 8.30%.
| Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | |
|---|---|---|---|---|
| Promoters | 73.50% | 73.60% | 73.60% | 73.60% |
| Public | 26.50% | 26.40% | 26.40% | 26.40% |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Oct 2023 | 100823406 | The Hongkong and Shanghai Banking Corporation Limited | ₹5 Cr | Open | |
| 27 Aug 2014 | 10551203 | Idbi Bank Limited | ₹25 Cr | Satisfied | |
| 10 Jul 2014 | 10511135 | Icici Bank | ₹25 Cr | Satisfied | |
| 25 Apr 2014 | 10491139 | The Hongkong and Shanghai Banking Corporation Limited | ₹25 Cr | Satisfied | |
| 24 Mar 2014 | 10488995 | Citi Bank N.A. | ₹50 Cr | Satisfied |
To see the full charge records of L&T Technology Services Limited, buy the company report.
Total charge records: 5 View all charges
Deals & funding
L&T Technology Services Limited has 6 deals on record (4 market trades, 1 secondary share transfer, 1 ipo); the latest was in April 2023.
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Apr 2023 | Secondary share transfer | Undisclosed | Buyer: Life Insurance Corporation of India |
| May 2022 | Market trade | ₹38.77 Cr | Buyer: Ishares Core Msci Total International Stock Etf Seller: Ishares Core Total International Stock Mauritius Co |
| Sep 2021 | Market trade | ₹377.15 Cr | Buyer: Goldman Sachs Funds - Goldman Sachs India Equity Portfolio Seller: Goldman Sachs Asset Management Llc A/C Goldman Sachs India Fund Limited |
| Jul 2021 | Market trade | ₹28.22 Cr | Buyer: Sei Trust Company As Trustee Obo Wasatch Emerging Markets Small Cap Cit Seller: Wasatch Advisors Inc. A/C Wasatch Emerging Markets Small Cap Cit |
| Sep 2016 | Market trade | ₹101.2 Cr | Buyer: Motilal Oswal Asset Management Co.Ltd. - Ntdop (Pms) |
To see the full deal history of L&T Technology Services Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
L&T Technology Services Limited has 15 court cases on record: 3 filed by L&T Technology Services, 12 filed against it. 1 case is pending and 14 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 11 | 11 | 1 |
| High courts | 3 | 1 | 0 |
| NCLT | 1 | 0 | 0 |
Cases on record (5 of 15)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Commercial suit | Filed against the company by Cogencis Information Services Limited | Disposed |
| District court, Bhopal, Madhya Pradesh | Court case (MJC SUC) | Filed against the company | Pending |
| District court, Vadodara, Gujarat | Criminal complaint | Filed against the company by Government of Gujarat | Disposed |
| District court, Sirohi, Rajasthan | Criminal case | Filed against the company by State | Disposed |
| High Court of Karnataka | Interim or miscellaneous application | Filed against the company by an individual | Disposed |
To see the full case history of L&T Technology Services Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit ratings & regulatory alerts
L&T Technology Services Limited was last rated by Crisil on 21 Jan 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 21 Jan 2020 |
To see the full credit ratings and regulatory alerts of L&T Technology Services Limited, buy the company report.
MSME payment delays
L&T Technology Services Limited has 4 MSME Form 1 returns on record between 2021 and 2024, listing 70 overdue payments to 44 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 44)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Online Micro Services Private Limited | |||
| Trinity Mobility Private Limited | |||
| Dynalog India Limited | |||
| V Link Systems Private Limited |
To see the full MSME payment records of L&T Technology Services Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
L&T Technology Services has 4 subsidiary companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| L&T Thales Technology Services Private Limited | U72200TN2006PTC059421 | |
| Seastar Labs Private Limited | U72900MH2015PTC374645 | |
| Esencia Technologies India Private Limited | U74140MH2011PTC378802 | |
| Graphene Semiconductor Services Private Limited | U74900MH2013PTC378804 |
To see the full group structure of L&T Technology Services Limited, buy the company report.
GST
L&T Technology Services has 22 GST registrations: 21 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCL4310P8Z6 | Maharashtra | Active | 01 Jul 2017 |
| 09AACCL4310P1ZB | Uttar Pradesh | Active | 01 Jul 2017 |
| 21AACCL4310P1ZP | Odisha | Active | 01 Jul 2017 |
| 24AACCL4310P1ZJ | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of L&T Technology Services Limited, buy the company report.
Recent activity
L&T Technology Services Limited has 40 board changes on record since 2012: 26 appointments and 14 cessations. The latest: Sumithra Gomatam was appointed as Director on 09 May 2026.
41 earlier events are in the company report.
News
Frequently asked questions
L&T Technology Services is an active public limited company based in Mumbai, Maharashtra, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 14 June 2012 (14+ years old) and is registered under CIN L72900MH2012PLC232169. Listed on BSE: 540115 and NSE: LTTS.
L&T Technology Services reported revenue of ₹10,996 Cr for FY 2025-26 (up 14% YoY) based on consolidated financials.
L&T Technology Services has 11 current directors:
- Amit Chadha - Managing Director
- Rajeev Trilokinath Gupta - Whole-Time Director
- Alind Saxena - Whole-Time Director
- Sekharipuram Narayanan Subrahmanyan - Director
- Apurva Purohit - Director
- Keshab Panda - Director
- Chandrasekaran Ramakrishnan - Director
- Luis Miranda - Director
- Aruna Sundararajan - Director
- Amitabh Kant - Director
- Sumithra Gomatam - Director
The latest financial statements of L&T Technology Services on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 01 June 2026. Year-wise statements from 2015 are in the company report.
The GSTIN of L&T Technology Services is 27AACCL4310P8Z6, registered in Maharashtra. The company has 22 GST registrations in all, of which 21 are active and 1 is cancelled or inactive. Other active GSTINs include 09AACCL4310P1ZB (Uttar Pradesh), 21AACCL4310P1ZP (Odisha), 24AACCL4310P1ZJ (Gujarat).
The CIN (Corporate Identification Number) of L&T Technology Services is L72900MH2012PLC232169. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. L&T Technology Services is a listed company as per MCA records. Its shares are listed on both BSE (code: 540115) and NSE (symbol: LTTS).
L&T Technology Services has 15 court cases on record: 3 filed by the company and 12 filed against it. 1 is pending. Most are in the district courts.
L&T Technology Services was incorporated on 14 June 2012, making it 14+ years old. It is registered with the Registrar of Companies, Mumbai.
L&T Technology Services has 6 deals on record (4 market trades, 1 secondary share transfer, 1 ipo); the latest was in April 2023.
Sumithra Gomatam was appointed as Director on 09 May 2026. Amitabh Kant was appointed as Director on 22 Apr 2026. Rajeev Trilokinath Gupta was appointed as Whole-Time Director on 22 Apr 2026. L&T Technology Services has 40 board changes on record in total.

