ALFA Finder| Management target | Revenue 14.0% Next 5 years |
|---|
| Revenue growth | 1.9% YoY constant currency growth. |
|---|---|
| Margins | EBIT margin up 50bps QoQ to 15.7%; targeting mid-16% by Q4. |
| Order book | Large deal TCV wins of nearly $100 Mn in Q1. |
| Demand visibility | Strong pipeline in Mobility and Sustainability; Tech recovery expected in Q2. |
| Management confidence | High, reconfirming sequential growth in revenue and margins ahead. |
Growth
Revenue grew 1.9% YoY and 1.5% QoQ in constant currency. PAT stood at ₹352 crore, up 17.4% YoY.
Outlook
Management reaffirmed 13-15% CAGR target over 5 years with 16-17% EBIT margins; Sustainability segment expected to grow double-digits in FY27.
Risks
European markets show moderation due to exposure to Asian/Chinese demand shifts; Tech segment saw temporary medical program conclusion headwinds.
Last quarter's promises, checked
Delivered
- Guided sequential margin expansion → delivered 15.7% (+50bps QoQ) (= BEAT)
- Guided sequential revenue growth → delivered 1.5% QoQ CC (= BEAT)
- Guided SWC divestment classification → delivered discontinued operations accounting (= BEAT)
Partly delivered
- Guided average $200M TCV wins → delivered nearly $100M in Q1 (= PARTIAL)
Earnings Call filed with BSE, NSE: LTTS. Summary written with AI assistance from the document.
L&T Technology Services Ltd: key numbers
- Share price
- ₹4,237.60
- Market cap
- ₹44,959 Cr
- Revenue (annual)
- ₹10,996 Cr
- Net profit (annual)
- ₹1,279 Cr
- P/E (TTM)
- 29.2×Sector 23.6×
- Promoter holding
- 73.51%-0.01% QoQ
- FII holding
- 4.43%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from L&T Technology Services Ltd
All →L&T Technology Services Other Announcement
L&T Technology Services said its registrar KFin Technologies is relocating its corporate office effective December 1, 2026. It is an administrative update for shareholders.
L&T Technology Services Bags New Order from Nokia
LTTS signed a five-year engineering services contract with Nokia covering R&D, product engineering and AI infrastructure in India. The deal aligns with LTTS' Lakshya 31 strategy on next-gen compute.
- From
- Nokia
- Execution
- 5 years
L&T Technology Services Other Announcement
L&T Technology Services Limited submitted its shareholding pattern for the quarter ended September 30, 2026. This disclosure is a mandatory periodic filing under SEBI regulations.
L&T Technology Services Earnings Call Transcript: Key Takeaways
LTTS achieved its mid-16% EBIT margin target ahead of schedule while completing its SWC divestment. AI-led deals now constitute 50% of large wins, signaling a structural shift toward high-value engineering.
- Call
- Guides 15% growth
L&T Technology Services Dividend
L&T Technology Services declared an interim dividend of ₹20 per equity share. The record date for this dividend is fixed for 27-Oct-2026.
L&T Technology Services Results Update
L&T Technology Services reported 12.1% YoY revenue growth to ₹3,040.4 Crore and 66.8% net profit growth in Q2 FY27, including one-time disinvestment gains.