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L&T Technology Services Limited (LTTS) Fair Value & Analysis

Technology · IN · Market cap ₹336B

LT L&T Technology Services Limited LTTS · NSE
Price₹3,206
Fair Value₹2,412
Upside-24.8%
Quality56/100
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Evidence: High Range ₹1,809 – ₹4,538

Fair value as of: Jul 3, 2026

From 26 valuation models · updated today

Share price −2.8% over the past month.

Price vs Fair Value (12 months)

₹4,644 ₹3,041 Fair Value ₹2,412 Jul 2025 Jul 2026

12‑month range ₹3,041 – ₹4,644 · fair‑value band ₹1,809 – ₹4,538 · the ₹3,206 price screens above the ₹2,412 fair value. As of Jul 3, 2026.

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Analysis

L&T Technology Services Limited (LTTS) currently trades at ₹3,206, while our model-based Fair Value estimate is ₹2,412 — implying the stock looks roughly 24.8% overvalued today. We read business quality at 56/100 (solid quality), in the Technology sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium — the entry price still matters most (evidence: high).

Over the trailing twelve months, L&T Technology Services Limited generated revenue of ₹110B at a net margin of 11.6%. Revenue declined 4.2% year over year. It earns a return on equity of 19.5%. The balance sheet holds a net cash position of ₹10.7B. Fundamentals as of Jul 3, 2026

Key figures & financial health

Revenue (TTM) ₹110B
Revenue growth (YoY) -4.2%
Net margin 11.6%
Return on equity 19.5%
Free cash flow ₹13.7B FY2026
P/E ratio 27.3
More key figures
Operating margin 15.2%
EPS (TTM) ₹115.81
Dividend yield 1.9%
EPS growth (YoY) +6.7%
Net cash ₹10.7B FY2026

Figures from reported company fundamentals (EODHD) · as of Jul 3, 2026. TTM = trailing twelve months.

About the company

L&T Technology Services Limited operates as an engineering research and development services company in India, North America, Europe, and other international markets. The company operates through three segments: Mobility, Sustainability, and Tech. It provides digital engineering and consulting services such as artificial intelligence, cybersecurity, industry 4.0 consulting, product consulting, sustainability engineering, 5G, and smart solutions. It provides engineering services which include computer-aided engineering, computational fluid dynamics, CAx automation, DevOps, engineering and manufacturing analytics, lab services, product testing and validation, VLSI design, voice solutions, user experience, sustenance and maintenance, embedded systems, and cloud and software engineering. In addition, the company offers manufacturing engineering services, including operations support, supply chain solutions, digital factory and simulation, manufacturing automation, new product …

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

L&T Technology Services Limited reported revenue of ₹110B in FY2026 versus ₹65.7B in FY2022, a compound +13.7%/yr. Reported net income was ₹12.8B in FY2026, compounding +7.5%/yr from FY2022.

Revenue +13.7%/yr
FY22 ₹65.7B
FY23 ₹88.2B
FY24 ₹96.5B
FY25 ₹107B
FY26 ₹110B
Net income +7.5%/yr
FY22 ₹9.6B
FY23 ₹12.1B
FY24 ₹13.0B
FY25 ₹12.7B
FY26 ₹12.8B

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Recent news

External third-party headlines (Yahoo Finance, Reuters and others) — not an editorial selection, not financial advice.

Similar stocks

6 more Information Technology Services stocks, each showing price versus our Fair Value estimate (as of Jul 3, 2026).

Stock Price Fair Value vs Fair Value
International Business Machines Corporation IBM $301.77 $153.91 -49%
Accenture plc ACN $129.15 $250.14 +94%
Tata Consultancy Services Limited TCS ₹2,154 ₹2,580 +20%
Infosys Limited INFY ₹1,198 ₹1,237 +3%
HCL Technologies Limited HCLTECH ₹1,131 ₹2,568 +127%
Fiserv, Inc F1IS34 R$138.35 R$187.39 +35%

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Frequently asked questions

Is L&T Technology Services Limited (LTTS) undervalued?
As of Jul 3, 2026, our model estimates a fair value of ₹2,412 versus a price of ₹3,206 — about −25% (overvalued). Model-based estimate, not financial advice.
What is the fair value of LTTS?
Our model-based fair value for L&T Technology Services Limited is ₹2,412 (as of Jul 3, 2026), built from audited fundamentals. The current price is ₹3,206.
What is the quality score of LTTS?
L&T Technology Services Limited has a Quality Score of 56/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of L&T Technology Services Limited (LTTS)?
L&T Technology Services Limited reported trailing-twelve-month revenue of about ₹110B (latest available figure, as of Jul 3, 2026).
What is the net profit margin of LTTS?
The net profit margin of L&T Technology Services Limited is about 11.6%, meaning it keeps roughly 11.6% of revenue as net income. Based on the latest reported figures.
Does L&T Technology Services Limited pay a dividend?
L&T Technology Services Limited currently shows a dividend yield of about 1.90% relative to its recent price (as of Jul 3, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data — nothing guessed.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.