L&T Technology Services Limited

L&T Technology Services Limited (LTTS) is a mid-cap Information Technology company valued at ₹39,381 crore operating in IT Enabled Services on the NSE and BSE.

Recent price move

L&T Technology Services Limited last traded at ₹3,710.5, modestly up 0.64% on the day.

Recent developments

2026-07-15: LTTS reported a 12.9% year-over-year rise in net profit to ₹357.1 crore for the quarter ended June 2026, driven by improved performance. 2026-07-14: The company announced a partnership with Anthropic to leverage Claude AI for engineering intelligence, aiming to help enterprise clients transform product and software development.

Financial performance

The company's business has grown, with annual revenue rising 14.0% to ₹10,996 crore, while annual net profit increased 1.4% to ₹1,281 crore. The latest quarter saw revenue rise 11.5% year-over-year to ₹2,940 crore and net profit jump 13.0% to ₹357 crore, though the net profit margin narrowed 1.5 percentage points to 11.7%.

Valuation multiples

The stock trades at 30.7 times earnings, a premium to the Information Technology median of 20.7, 5.53 times book value. It yields 1.7%.

Things to watch

The stock is 30.8% below its 52-week high, and the net profit margin has narrowed 1.5 percentage points to 11.7%. Promoter holding fell slightly by 0.05 percentage points in the quarter, while domestic institutional holding dropped by 0.59 percentage points.

Where it stands

LTTS has delivered consistent revenue growth, with a 14.0% annual increase and a 11.5% rise in the latest quarter, though net profit margin has declined. The company's recent partnership with Anthropic highlights strategic moves to enhance its offerings, but the stock remains 30.8% below its 52-week high.

Summarised by DocStoX's model on 2026-10-10 from company filings, exchange data and news. This is a factual summary, not a rating or a recommendation. Informational only, not investment advice. Consult a SEBI-registered adviser before investing.