L&T Technology Services Ltd. (IN:LTTS)
:LTTS
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L&T Technology Services Ltd.
(LTTS)
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Rating:62Neutral
Price Target:
₹3,392.00
▼(-23.02% Downside)
Action:ReiteratedDate:10/14/25
The overall stock score of 62 reflects strong financial health and efficient cash management as the most significant factors. However, technical indicators suggest potential bearish trends, and the valuation appears high, which could limit upside potential. The absence of earnings call data and corporate events means these factors did not influence the score.
Positive Factors
Diversified ER&D Service Model
A broad engineering-services footprint across industrial, medical, telecom, transportation and process industries provides structural resilience versus single-market cyclicality. Cross-industry competencies enable multi-workstream expansion, higher client stickiness, and durable demand from product development cycles.
Negative Factors
Operating Profitability Pressure
An operating loss in 2025 signals structural margin pressure or one-off operational hits that can degrade sustainable earnings power. If inefficiencies or cost items persist, they could reduce ability to fund investments and weaken return on invested capital over the medium term.
Read all positive and negative factors
Positive Factors
Negative Factors
Diversified ER&D Service Model
A broad engineering-services footprint across industrial, medical, telecom, transportation and process industries provides structural resilience versus single-market cyclicality. Cross-industry competencies enable multi-workstream expansion, higher client stickiness, and durable demand from product development cycles.
Read all positive factors
L&T Technology Services Ltd. (LTTS) vs. iShares MSCI India ETF (INDA)
Market Cap
₹339.22B
Dividend Yield1.19%
Average Volume (3M)9.16K
Price to Earnings (P/E)39.1
Beta (1Y)1.04
Revenue Growth14.88%
EPS Growth-2.60%
CountryIN
Employees21,271
SectorTechnology
Sector Strength88
IndustryInformation Technology Services
Share Statistics
EPS (TTM)31.01
Shares Outstanding105,996,120
10 Day Avg. Volume2,951
30 Day Avg. Volume9,157
Financial Highlights & Ratios
PEG Ratio-12.92
Price to Book (P/B)7.94
Price to Sales (P/S)4.53
P/FCF Ratio35.26
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
₹4,774.00Price Target Upside8.34% Upside
Rating ConsensusHold
Number of Analyst Covering1
EPS Forecast (FY)124.01
Revenue Forecast (FY)₹117.79B
L&T Technology Services Ltd. Business Overview & Revenue Model
Company Description
L&T Technology Services Limited provides engineering, research, and development (ER&D) services in North America, Europe, India, and internationally. Its Transportation segment offers engineering services and solutions to transportation industry t...
How the Company Makes Money
LTTS primarily makes money by delivering contract-based engineering and R&D services to enterprise customers, typically billed through a mix of time-and-materials (billing based on engineering hours/resources deployed) and fixed-price/project-base...
L&T Technology Services Ltd. Financial Statement Overview
Summary
Income Statement
65
Positive
Balance Sheet
72
Positive
Cash Flow
68
Positive
| Breakdown | TTM | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 114.81B | 106.70B | 96.47B | 88.16B | 65.70B | 54.50B |
| Gross Profit | 43.37B | 49.82B | 23.32B | 41.19B | 17.18B | 11.89B |
| EBITDA | 21.39B | 21.02B | 21.26B | 19.64B | 15.67B | 11.61B |
| Net Income | 12.78B | 12.67B | 13.04B | 12.12B | 9.57B | 6.63B |
Balance Sheet | ||||||
| Total Assets | 97.32B | 96.44B | 84.89B | 81.98B | 60.91B | 50.73B |
| Cash, Cash Equivalents and Short-Term Investments | 23.36B | 25.25B | 26.84B | 27.98B | 20.66B | 17.47B |
| Total Debt | 6.30B | 5.78B | 6.59B | 4.54B | 4.77B | 4.80B |
| Total Liabilities | 35.24B | 35.46B | 31.41B | 37.45B | 19.15B | 15.90B |
| Stockholders Equity | 61.89B | 60.80B | 53.27B | 44.35B | 41.63B | 34.73B |
Cash Flow | ||||||
| Free Cash Flow | 4.14B | 13.70B | 12.40B | 11.30B | 8.44B | 12.50B |
| Operating Cash Flow | 4.81B | 14.81B | 14.93B | 13.05B | 10.06B | 13.27B |
| Investing Cash Flow | -2.03B | -5.09B | -2.33B | -5.72B | -4.48B | -10.05B |
| Financing Cash Flow | -5.02B | -7.18B | -6.58B | -4.43B | -4.98B | -3.63B |
L&T Technology Services Ltd. Technical Analysis
Negative
4406.60
Price Trends
3566.26
Negative
3974.31
Negative
4112.79
Negative
Market Momentum
-106.40
Negative
42.53
Neutral
18.75
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:LTTS, the sentiment is Negative. The current price of 4406.6 is above the 20-day moving average (MA) of 3264.11, above the 50-day MA of 3566.26, and above the 200-day MA of 4112.79, indicating a bearish trend. The MACD of -106.40 indicates Negative momentum. The RSI at 42.53 is Neutral, neither overbought nor oversold. The STOCH value of 18.75 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:LTTS.
L&T Technology Services Ltd. Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
74 Outperform | ₹262.43B | 74.95 | ― | 1.38% | -1.19% | -17.92% | |
73 Outperform | ₹406.97B | 30.05 | ― | 1.94% | 8.73% | 11.33% | |
70 Outperform | ₹220.77B | 982.29 | ― | 1.26% | 0.29% | 7.17% | |
66 Neutral | ₹184.86B | 59.84 | ― | 0.69% | 13.34% | 5.98% | |
63 Neutral | ₹390.52B | 55.81 | ― | 0.88% | 41.97% | 38.73% | |
62 Neutral | ₹339.22B | 39.06 | ― | 1.19% | 14.88% | -2.60% | |
61 Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% |
* Technology Sector Average
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L&T Technology Services Ltd. Corporate Events
L&T Technology Services to Divest Smart World and Communication Unit in Slump Sale
Mar 25, 2026
LT Technology Services Ltd. has agreed to sell and transfer its Smart World and Communication business unit, which includes the safe and smart as well as communication segments, to AMI Paradigm Solutions Pvt. Ltd. on a slump sale basis. The unit b...
L&T Technology Services Divests Smart World Unit to Double Down on Engineering Intelligence
Mar 25, 2026
LT Technology Services has intensified its strategic focus on Engineering Intelligence as part of its five-year Lakshya Plan, aiming to accelerate growth in its core segments of mobility, tech and sustainability through six major technology bets. ...
L&T Technology Services Posts Q3 FY26 Earnings Call Recording Online
Jan 15, 2026
LT Technology Services Limited has notified the stock exchanges that its Q3 FY26 earnings conference call, held on January 15, 2026, at 7:00 p.m. IST, has been completed and that an audio recording of the call is now available on the company’...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.