L&T Technology Services logo

L&T Technology Services share price

NSE: LTTSBSE: 540115IT - ServicesMid Cap

Last close ₹3,910.30down ₹44.50 (1.13%)BSE ₹3,910.60

Share price at the NSE close on 23 Oct 2026. Previous close ₹3,954.80.

52-week range of traded prices to 23 Oct 2026
₹3,010.00Low, 13 Mar 2026₹4,726.00High, 4 Dec 2025
Market cap
₹41,483 Cr231st largest listed
P/E
26.9
P/B
5.9
Dividend yield
1.48%
ROE
23.2%
ROCE
25.6%
Debt to equity
0.00
Volume, NSE
5,99,04029.5% delivered

Share price

Daily closes since Sep 2016, adjusted for splits and bonuses

−7.0%over a year

Results20-session average 5,81,045 shares a day, 36.3% delivered

Results

Consolidated; ₹ crore, the charts by years to March, the table by quarter.Quarterly results

Quarter to Sep 2026Filed 19 Oct

Revenue
₹3,040 Cr
Net profit
₹549 Cr

Revenue by year

Net profit by year, a loss in red

The years either side of a change of basis do not compare. From the year to Mar 2026, the company's revenue for that year, ₹10,996 Cr, differs from its quarters added, ₹11,627 Cr.

₹ croreDec 2024Filed 15 JanMar 2025Filed 24 JunJun 2025Filed 16 JulSep 2025Filed 17 OctDec 2025Filed 15 JanMar 2026Filed 5 MayJun 2026Filed 14 JulSep 2026Filed 19 Oct
Revenue2,6532,9822,8662,9802,9242,8582,9403,040
Net profit320310316329303333357549
Net margin12.0%10.4%11.0%11.0%10.4%11.6%12.1%–
Consolidated. The last eight quarters. The latest is shaded. Net profit is the whole group's, the other owners of its subsidiaries included; P/E and ROE use the company's own share. Net margin is left blank for Sep 2026: the profit includes the result of a business the company has discontinued, which the revenue does not, so the two make no margin.

The quarters either side of a change of basis do not compare. From the quarter to Mar 2026, the company's revenue for the year to Mar 2026, ₹10,996 Cr, differs from its quarters added, ₹11,627 Cr. From the quarter to Sep 2026, the company reports a discontinued business.

Business segments

Share of revenue, year to Mar 2026, consolidated.Segment revenue and profit

  • Sustainability₹3,828 Crup 19.02%34.8%
  • Tech₹3,660 Crdown 7.22%33.3%
  • Mobility₹3,508 Crdown 0.03%31.9%
The pill is the change in revenue on the year before; the share is of all the businesses together.

Valuation

Today, against the company's own history. Its history crosses a change of basis in the accounts in the year to Mar 2026: days before it are of the company before the change.PE ratio and valuation history

Price to earnings

At or below today's level on 33% of 2,290 trading days since Jul 2017.

LowestHighest
Its median34.4Industry median18.2
Price to book

At or below today's level on 14% of 1,981 trading days since Oct 2018.

LowestHighest
Its median8.3Industry median1.7
EV to EBITDA18.5

At or below today's level on 25% of 1,981 trading days since Oct 2018.

LowestHighest
Its median23.6Industry median11.9
Dividend yield

At or below today's level on 90% of 2,480 trading days over the last 10 years.

LowestHighest
Its median0.99%Industry median0.84%

Where the return came from

Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.

OverReturn a yearEarnings growthChange in P/EDividend yield
1 year−28.8%+0.8%−31.2%1.9%
3 years−1.3%+2.9%−5.3%1.3%
5 years+4.5%+13.8%−9.2%1.2%
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add.

Who owns it

Per cent of the company's shares, from the filing for Sep 2026.Shareholding pattern

Shareholding by group

  • Promoters73.51%
  • Foreign institutions4.43%
  • Indian institutions13.76%
  • Individuals and others8.29%
Holder
LARSEN AND TOUBRO LIMITEDPromoter73.51%
LICI ULIP-SECURED FUNDInsurance companies6.91%
SEAFARER OVERSEAS GROWTH & INCOME FUNDForeign portfolio investors, category I1.21%
Holders are named in the company's own words: an insurer's holding can carry one of its funds' names. Mutual funds are left out here and listed fund by fund below.

Mutual funds holding it

93 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 67 of the 72 funds that added or cut are index funds, ETFs or arbitrage funds: an index fund or ETF holds what its index holds, and an arbitrage fund holds the share against a sale of its future. 2 more funds filed their first portfolio on record, holding it.Mutual fund holdings

Bought for the first time
1
Added
39
Cut
33
Held unchanged
18
Sold out
3
Fund
Sundaram Mutual Fund logoSundaram Mid Cap FundSundaram Mutual Fund5,40,0001.26%₹174.3 Cr
SBI Mutual Fund logoSBI Midcap FundSBI Mutual Fund5,00,0000.69%₹161.4 Cr
ICICI Prudential Mutual Fund logoICICI Prudential Technology FundICICI Prudential Mutual Fund4,28,5111.11%₹138.3 Cr
SBI Mutual Fund logoSBI Dividend Yield FundSBI Mutual Fund2,84,7821.14%₹91.9 Cr
HDFC Mutual Fund logoHDFC Multi Cap FundHDFC Mutual Fund2,55,7930.42%₹82.6 Cr
Canara Robeco Mutual Fund logoCanara Robeco Mid Cap FundCanara Robeco Mutual Fund2,48,6811.61%₹80.3 Cr
SBI Mutual Fund logoSBI Technology Opportunities FundSBI Mutual Fund2,00,0001.55%₹64.6 Cr
SBI Mutual Fund logoSBI ESG Exclusionary Strategy FundSBI Mutual Fund1,65,0001.07%₹53.3 Cr
Tata Mutual Fund logoTata Digital India FundTata Mutual Fund1,51,0610.53%₹48.8 Cr
Canara Robeco Mutual Fund logoCanara Robeco Large and Mid Cap FundCanara Robeco Mutual Fund1,44,5640.19%₹46.7 Cr
Portfolios disclosed for Sep 2026. Weight is the holding as a share of the fund's assets.

Peers and competitors

IT Enabled Services, 116 listed companies, priced on 23 Oct 2026. The table lists the 8 companies closest to L&T Technology Services in market cap.

Where the company sits among the companies nearest its size

Return on equity across, P/E up, size is market cap
Company
Inventurus Knowledge Solutions logoInventurus Knowledge SolutionsIKS27,76136.39.924.4––33.3%29.6%0.00%
Tata Technologies logoTata TechnologiesTATATECH26,69247.47.027.2+21.9%−18.8%15.2%17.6%1.78%
Netweb Technologies India logoNetweb Technologies IndiaNETWEB25,77598.935.670.6+107.7%+101.3%41.6%34.8%0.07%
Sagility logoSagilitySAGILITY20,68220.22.010.8+28.5%+28.5%10.7%12.9%0.34%
Affle 3i logoAffle 3iAFFLE18,68339.15.127.3+19.8%+19.2%14.5%13.8%0.00%
ESDS Software Solution logoESDS Software SolutionESDS14,437–––––––0.00%
Black Box logoBlack BoxBBOX14,29963.311.123.8+12.2%+5.1%22.1%23.1%0.12%
Cyient logoCyientCYIENT12,91734.72.513.6+10.3%−35.2%7.0%9.1%1.30%
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.

Dividends

Per share, by the year it was paid for, and the latest payments.Dividend history and dates

Dividend per share, ₹, restated for later splits and bonuses

Highest ₹58.00 a share, year to Mar 2026.
Ex-dateTypePer share
27 Oct 2026Interim₹20.00
22 May 2026Final₹40.00
27 Oct 2025Interim₹18.00
6 Jun 2025Final₹38.00
25 Oct 2024Interim₹17.00
14 Jun 2024Final₹33.00
Latest payments, as declared, by ex-date.

Latest announcements

Routine notices left out.Share news and announcements

L&T Technology Services share price by year

Each calendar year to 2025.L&T Technology Services share price history

YearClose at year endChangeHighest closeLowest close
20254,462.20−5.8%5,615.453,987.10
20244,737.40−9.8%5,829.004,359.00
20235,254.95+42.7%5,329.153,230.70
20223,683.55−34.2%5,916.302,955.25
20215,598.95+139.3%5,675.502,348.60
20202,339.60+59.3%2,389.001,018.25
20191,468.45−14.0%1,774.601,413.10
20181,708.35+66.1%1,761.65983.85
20171,028.25+30.5%1,105.20717.05
2016787.90–870.65753.00
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before. 2016 is from its first session, 23 Sep 2016.

Recent sessions

The last 10 trading days to 23 Oct 2026, as traded on NSE.

DateOpenHighLowCloseAverage priceVolumeDelivery
23 Oct 20263,975.504,041.003,890.003,910.303,930.885,99,04029.5%
22 Oct 20263,960.904,050.003,841.003,954.803,935.3114,33,23612.9%
21 Oct 20263,830.704,143.003,787.503,996.303,987.3782,08,4368.0%
19 Oct 20263,704.703,735.603,580.003,611.303,663.061,04,71437.2%
16 Oct 20263,679.003,785.003,650.003,714.603,719.8787,07028.4%
15 Oct 20263,628.903,745.003,562.803,686.803,666.681,81,00739.5%
14 Oct 20263,415.103,630.003,398.003,613.403,566.181,82,37042.5%
13 Oct 20263,326.503,456.403,312.103,429.203,397.9886,39737.1%
12 Oct 20263,270.103,330.003,270.103,309.003,299.3447,75732.0%
9 Oct 20263,200.003,316.003,182.203,270.103,230.9960,58943.4%
Prices in ₹ per share as traded, not adjusted.

About L&T Technology Services

L&T Technology Services offers design, development, consultancy and sustenance services across products and processes. Its customers include 69 Fortune 500 companies and 57 top engineering research and development (ER&D) companies across industries. It operates in 25 countries, is headquartered in India and has more than 24,000 employees.

The business is organised into three segments: Mobility, Sustainability and Tech. The Mobility segment covers Automotive, Aerospace Engineering, Rail Transportation, and Trucks and Off-Highway Vehicles. It works with 6 of the top 10 global automotive majors and has launched LTTSiDriVe, a framework for software-defined vehicles. The Sustainability segment covers Discrete Manufacturing and Industrial Products, and Process Manufacturing. Its clients include 5 of the top 5 global oil and gas majors, and it offers the FactoryNext framework for factories. The Tech segment covers Hi-tech, MedTech, Public Infrastructure and Smart Cities, and Software and Platforms. It works with 10 of the top 10 medical device manufacturers and offers GENIQ, an AI-powered software development platform.

It was incorporated in 2012. The company acquired Intelliswift, a Silicon Valley-based provider of software product development, platform engineering and AI, which added to its software and platforms offerings.

L&T Technology Services is a listed subsidiary of Larsen & Toubro. Larsen & Toubro is its promoter. A promoter is the person or group that set up a company or controls it.

Written from the annual report for the year to Mar 2025. A newer annual report was filed on 9 May 2026.

Legal name
L&T Technology Services Limited
NSE symbol
LTTS
BSE code
540115
ISIN
INE010V01017
Industry
IT - Services
Listed
Sep 2016
Face value
₹2
CIN
L72900MH2012PLC232169
Corporate identity number, the registrar of companies' code for it