L

L&T Technology Services Limited

LTTSNSE
Market snapshot · 2026-08-11 13:47 UTC

3,652.70

+₹69.30 (+1.93%)

MARKET CAP

₹38.74K Cr

STOCK P/E

30.2x

52W HIGH

₹4,726.00

52W LOW

₹3,010.00

BOOK VALUE

₹610.64

EPS

₹120.76

ROE

SECTOR

Information Technology

DEBT/EQUITY

8.91

VOLUME

1.62L

P/B RATIO

5.98x

PEG RATIO

2.36

Sector

Information Technology

Themes

Software ServicesAiL&TCloud Computing
D
Dividend
E
Earnings
₹4,623.86₹4,255.86₹3,887.86₹3,519.86₹3,151.86VolumeEDEEDEAug '25Sep '25Nov '25Jan '26Mar '26Apr '26Jun '26Aug '26

AI Summary

✦ Clartha

Forecast

Analyst targets, estimate history, and probabilistic forward ranges for LTTS.

30.00 analysts

Price Forecast

Current
₹3,653
High Target
₹4,150
▲ +13.6%
Median Target
₹3,522
▼ -3.6%
Low Target
₹2,950
▼ -19.2%
Now₹3,653High ₹4,150Median ₹3,522Low ₹2,950Aug '25Now12M Target
Price history (1Y)
Analyst target range
30 analysts

Probabilistic Range

Probabilistic lognormal cone using 1Y realized volatility and analyst-target drift when available.

Time horizonRange ()Probability
3M₹2,807 - ₹4,45380%
6M₹2,469 - ₹4,74380%
12M₹2,021 - ₹5,08780%
Realized vol: +36.0% · Drift: -6.5%

Revenue Forecast

₹ Cr
Jun '26Current₹2,469.0
Sep 2026 ETrend estimate range
High₹2,906.5Base₹2,691.2Low₹2,475.9
Sep '25: ₹2,536.0 · Dec '25: ₹2,333.0 · Mar '26: ₹2,409.0 · Jun '26: ₹2,469.0 · Sep '26: ₹2,691.2 · Dec '26: ₹2,475.8
Sep '25Dec '25Mar '26Jun '26Sep '26 EDec '26 E2,536.02,333.02,409.02,469.02,691.22,475.8
PastCurrentTrend estimate: Low / Base / High

EPS Forecast

₹ / share
Jun '26Current₹31.39
Sep 2026 ETrend estimate range
High₹32.48Base₹29.00Low₹25.52
Sep '25: ₹28.99 · Dec '25: ₹27.26 · Mar '26: ₹28.53 · Jun '26: ₹31.39 · Sep '26: ₹29.00 · Dec '26: ₹27.27
Sep '25Dec '25Mar '26Jun '26Sep '26 EDec '26 E28.9927.2628.5331.3929.0027.27
PastCurrentTrend estimate: Low / Base / High
Market Intelligence

Multi-factor synthesis of 5 key dimensions

Overall Outlook
Neutral
63%
Analyst Consensus
Unavailable

From 30 analysts

Mean upside-3.1%

Fundamentals

Moderate

Fundamentals institutional score is 64 using growth durability 64.3.

Valuation

Attractive relative to peers

Valuation institutional score is 91 using relative multiple z-scores where peer dispersion is available.

Analyst Consensus

Weakening

Analyst View institutional score is 30 using mean target upside -3.1%; dispersion penalty 13.6; recommendation breadth from available consensus.

Technical Structure

Strong Trend

Technicals institutional score is 78 using EMA-20 continuation within 5% tolerance; VCP range/volume contraction proxy.

Market Sentiment

Neutral backdrop

Recent news flow is balanced or not decisive enough to tilt the tape. Based on 8 recent ticker-linked news items.

Signal Summary

Market intelligence remains Neutral. valuation and technical structure provide support, while analyst consensus and market sentiment remain considerations.

Composite weights: Fundamentals 25%, Valuation 20%, Analyst Consensus 20%, Technical Structure 20%, Market Sentiment 15%.

Fundamentals ModerateValuation Attractive relative to peersAnalyst Consensus WeakeningTechnical Structure Strong TrendMarket Sentiment Neutral backdrop

Key Data Points

Mean Target Price3,539.3 target
Mean Upside-3.1%
Technical Score78%
Fundamental Score64%
Data CoverageHigh

Important Note: This is market intelligence, not investment advice. Always conduct your own research and consider your financial goals and risk tolerance.

Valuation Metrics

Trading 16.5% below historical median. Valuation is declining — currently in the strongly undervalued zone (z-score: -1.2). Confidence: 86%.

Live forward EPS implies next-12-month EPS of ₹162.35. Applying the stock's normalized valuation corridor produces a fair range of ₹5,498.79 to ₹6,709.93, with base value near ₹5,883.56 (+61.1% vs current price).

Forward Valuation Outlook

Live forward estimate anchored to the company's historical valuation corridor.

Below normalized range

Forward EPS

₹162.35

Forward P/E

22.5x

Base Fair Value

₹5,883.56

Fair Range

₹5,498.79 - ₹6,709.93

Upside To Base

+61.1%

Estimate Source

Live forward EPS

Growth Estimate

+12.8%

P/E
Strongly Undervalued

5Y Average

34.58

Current

30.25

Overvalued

41.33

Undervalued

33.87

P/S
Strongly Undervalued

5Y Average

3.92

Current

3.43

Overvalued

4.51

Undervalued

3.33

EV/EBITDA
Strongly Undervalued

5Y Average

21.73

Current

19.01

Overvalued

24.00

Undervalued

18.62

Peers & Comparison

Sector: Information Technology · Theme: Software Services

Software Services Peers8 peers
Avg P/E: 52.5x
CompanyRev. GrowthMarginP/Evs Avg52W Perf.
TATA ELXSI LIMITED
TATAELXSISoftware Services
+14.5%16.7%
36.1x
Undervalued
-31% vs avg
-32.2%
PERSISTENT SYSTEMS LTD
PERSISTENTSoftware Services
+29.1%12.2%
45.3x
Fair
-14% vs avg
+4.6%
BLACK BOX LIMITED
BBOXSoftware Services
+9.5%3.4%
57.7x
Fair
+10% vs avg
+49.6%
ORACLE FIN SERV SOFT LTD.
OFSSSoftware Services
+68.7%38.2%
30.1x
Undervalued
-43% vs avg
+41.5%
CYIENT LIMITED
CYIENTSoftware Services
+21.3%5.0%
25.1x
Undervalued
-52% vs avg
-26.5%
NEWGEN SOFTWARE TECH LTD
NEWGENSoftware Services
+11.2%19.5%
24.5x
Undervalued
-53% vs avg
-34.6%
RATEGAIN TRAVEL TECHN LTD
RATEGAINSoftware Services
+188.8%10.5%
55.3x
Fair
+5% vs avg
+93.2%
PINE LABS LIMITED
PINELABSSoftware Services
+19.6%4.5%
145.7x
Premium
+178% vs avg
-35.5%
WHY THESE PEERS

L&T TECHNOLOGY SER. LTD. trades at a discount (30.4x vs peer avg 52.5x), suggesting potential undervaluation relative to the Software Services cohort. Peers include TATA ELXSI LIMITED, PERSISTENT SYSTEMS LTD, BLACK BOX LIMITED — selected based on business model, industry classification, market cap similarity, and business theme alignment.

Financials

Real statement data for revenue, earnings quality, conversion, and balance-sheet coverage. Monetary values are shown in Rs crore.

Latest revenue

₹2.47K CrJun 2026

Latest net profit

₹333 CrJun 2026

Latest EPS

₹31.39Jun 2026

Net margin

20.0%Jun 2026

Performance

Bars show revenue and net profit. The line shows net margin.

Rs crore + margin %
Q1 '26Q2 '26Q3 '26Q4 '26Q1 '270.0%5.0%10.0%15.0%20.0%0.00 Cr650 Cr1.30K Cr1.95K Cr2.60K Cr
  • Revenue
  • Net income
  • Net margin %

Earnings

Revenue is shown in crores. EPS is rupees per share.

Rs crore + Rs/share
Q1 '26Q2 '26Q3 '26Q4 '26Q1 '270.00 Cr650 Cr1.30K Cr1.95K Cr2.60K Cr₹0₹8₹16₹24₹32
  • Revenue
  • EPS

Revenue to profit conversion

Bridge from operating numbers to profit for the latest reported period.

Rs crore
RevenueExpensesDepreciationOtheradjustmentsOperatingprofitOther incomeInterestOtheradjustmentsProfitbefore taxTax & otherNet Profit0.00 Cr650 Cr1.30K Cr1.95K Cr2.60K Cr

Latest reported period: Jun 2026

Debt level and coverage

Debt, cash and free cash flow compared on the same crore scale.

Rs crore
Annual view
Mar 2022Mar 2023Mar 2024Mar 2025Mar 20260.00 Cr2.50K Cr5.00K Cr7.50K Cr10.00K Cr
  • Debt
  • Free cash flow
  • Cash & equivalents

Results

MetricJun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales +2,0442,1362,1482,3512,2462,3252,4122,2062,1962,5362,3332,4092,469
Expenses +1,6151,6801,6931,8611,8011,9021,9391,7971,7872,0951,8731,9451,973
Operating Profit428456455490446422473409408441460464496
OPM %21%21%21%21%20%18%20%19%19%17%20%19%20%
Other Income +48426450646830808464102532
Interest11111313131215151614141613
Depreciation51626568667269586172676767
Profit before tax414425441459430407419415416418389406448
Tax %28%27%27%28%27%28%28%24%26%27%26%26%26%
Net Profit +300308321329313293301314308307289302333
EPS in Rs28.3529.1730.3631.1429.5427.6828.4129.6929.0428.9927.2628.5331.39
Raw PDF

All values in ₹ Crores unless otherwise stated. Source: Screener Master (Standalone).

Shareholding Pattern

HolderJun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters +73.59%73.58%73.58%73.57%73.52%
FIIs +4.84%4.67%4.22%3.86%4.13%
DIIs +13.86%14.13%14.57%14.64%14.05%
Public +7.69%7.63%7.62%7.93%8.29%
Others0.02%0.01%0.01%
Jun 2026
Promoters +
FIIs +
DIIs +
Public +
Others

Events Timeline

Annual Report FY26

FY2026PDFCompany Reports Open

Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

Aug 07, 2026PDFCompany Reports Open

Announcement under Regulation 30 (LODR)-Newspaper Publication

Aug 05, 2026PDFCompany Reports Open

Shareholder Meeting / Postal Ballot-Notice of Postal Ballot

Aug 04, 2026PDFCompany Reports Open

Announcement under Regulation 30 (LODR)-Credit Rating

Jul 20, 2026PDFCompany Reports Open