L&T Technology Key Ratios
NSE: LTTS | BSE: 540115
₹4,202.20
As on 09-Nov-2026IST
Market cap
₹44,596 Cr
Revenue (TTM)
₹11,762 Cr
P/E Ratio
29
P/B Ratio
6.3
Div. Yield
1.4 %
Key Ratios and Highlights
| Growth Score (%) | Quarterly | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | QoQ | YoY | 1-Year | 3-Years | 5-Years |
| Revenue | 3.41 | 12.06 | 10.53 | 8.47 | 14.54 |
| EBIT | 7.63 | 29.84 | 20.02 | 4.32 | 12.47 |
| Net Profit | 7.90 | 19.67 | 15.41 | 3.67 | 11.23 |
| EPS | 53.73 | 66.78 | 20.47 | 6.64 | 13.02 |
| Book Value | -- | -- | 7.07 | 13.70 | 13.02 |
| Key Ratios (%) | Average | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | 3-Years | 5-Years | TTM | Mar-26 | Mar-25 |
| EBIT-Margin
| 16.86 | 16.30 | 15.47 | 14.23 | 15.38 |
| Net Margin
| 13.17 | 12.79 | 11.38 | 10.94 | 12.07 |
| Return on equity
| 23.14 | 24.47 | 20.77 | 19.84 | 21.21 |
| Return on Capital
| 32.30 | 34.22 | -- | 27.70 | 29.73 |
| Return on Assets
| 14.02 | 15.08 | 13.49 | 12.28 | 13.14 |
| Debt to Equity (x)
| -- | -- | 0.00 | 0.00 | 0.00 |
Profitability
ROCE
--
--
Earning before interest and taxes / (Average net worth + Average total Debt) * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
L&T Technology
|
--
|
27.70
|
29.73
|
38.00
|
40.25
|
|
Peer Median
|
--
|
19.56
|
22.05
|
29.68
|
--
|
ROE
20.77
Lower than Peers by 0.03
Profit after tax / Average Net worth * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
L&T Technology
|
20.77
|
19.84
|
21.21
|
27.29
|
28.67
|
|
Peer Median
|
20.80
|
14.62
|
19.97
|
23.48
|
--
|
ROA
13.49
Lower than Peers by 0.04
Profit after tax / Average Total assets * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
L&T Technology
|
13.49
|
12.28
|
13.14
|
15.68
|
17.06
|
|
Peer Median
|
13.53
|
10.44
|
11.62
|
13.53
|
--
|
EBIT Margin
15.47
Lower than Peers by 1.01
Operating profit (EBIT) / Net Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
L&T Technology
|
15.47
|
14.23
|
15.38
|
16.96
|
17.16
|
|
Peer Median
|
16.48
|
15.96
|
16.09
|
16.30
|
--
|
Net Margin
11.38
Lower than Peers by 1.77
Net profit / Total Income (Net sales plus other income) * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
L&T Technology
|
11.38
|
10.94
|
12.07
|
13.24
|
13.47
|
|
Peer Median
|
13.15
|
10.94
|
12.79
|
13.87
|
--
|
Cash Profit Margin
--
--
(Net profit + Depreciation) / Gross Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
L&T Technology
|
--
|
14.33
|
15.48
|
16.36
|
16.45
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Revenue Growth
10.53
Lower than Peers by 0.20
Year on year growth in net sales
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
L&T Technology
|
10.53
|
14.04
|
-0.05
|
9.44
|
34.18
|
|
Peer Median
|
10.73
|
12.13
|
14.92
|
7.66
|
--
|
EBIT Growth
20.02
Higher than Peers by 12.06
Year on year growth in operating profit (EBIT)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
L&T Technology
|
20.02
|
5.49
|
-9.32
|
8.15
|
29.54
|
|
Peer Median
|
7.97
|
19.11
|
7.18
|
7.59
|
--
|
Net Profit Growth
15.41
Higher than Peers by 6.55
Year on year growth in profit after tax
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
L&T Technology
|
15.41
|
3.37
|
-8.91
|
7.39
|
26.63
|
|
Peer Median
|
8.86
|
9.53
|
1.14
|
11.84
|
--
|
EPS Growth
20.47
Higher than Peers by 12.90
Year on year growth in earnings per share
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
L&T Technology
|
20.47
|
0.99
|
-2.84
|
7.05
|
26.66
|
|
Peer Median
|
7.58
|
12.08
|
0.58
|
8.05
|
--
|
Book Value Growth
--
--
Year on year growth in book value per share
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
L&T Technology
|
--
|
7.07
|
14.48
|
20.50
|
4.76
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Solvency
Debt to Equity
--
--
Total debt / Net worth
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
L&T Technology
|
--
|
--
|
--
|
--
|
--
|
|
Peer Median
|
--
|
0.00
|
0.00
|
0.01
|
--
|
Short term debt to equity ratio
--
--
(Short term borrowings / Net worth)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
L&T Technology
|
--
|
--
|
--
|
--
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Current Ratio
2.73
Higher than Peers by 0.30
Current Assets / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
L&T Technology
|
2.73
|
2.48
|
2.16
|
2.46
|
1.93
|
|
Peer Median
|
2.44
|
2.22
|
2.22
|
2.58
|
--
|
Quick Ratio
2.73
Higher than Peers by 0.30
(Current Assets - Inventory) / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
L&T Technology
|
2.73
|
2.48
|
2.16
|
2.45
|
1.93
|
|
Peer Median
|
2.43
|
2.02
|
2.30
|
2.69
|
--
|
Interest Coverage
31.50
Higher than Peers by 0.68
Earning before interest and taxes (EBIT) / Interest Expenses
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
L&T Technology
|
31.50
|
27.12
|
30.02
|
36.44
|
38.97
|
|
Peer Median
|
30.81
|
23.41
|
20.90
|
30.59
|
--
|
Operating Efficiency
Debtors to sales
17.90
Lower than Peers by 3.74
Debtors outstanding / Net Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
L&T Technology
|
17.90
|
18.32
|
26.06
|
22.60
|
24.41
|
|
Peer Median
|
21.64
|
22.48
|
21.29
|
20.69
|
--
|
Asset Turnover
1.17
Higher than Peers by 0.08
Sales / Average Total Assets
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
L&T Technology
|
1.17
|
1.10
|
1.06
|
1.16
|
1.24
|
|
Peer Median
|
1.09
|
1.07
|
0.95
|
0.96
|
--
|
Receivable days
--
--
Average Debtors / Sales * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
L&T Technology
|
--
|
75.14
|
88.82
|
81.95
|
79.65
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Inventory Days
--
--
Average Inventory / Sales * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
L&T Technology
|
--
|
0.16
|
0.14
|
0.09
|
0.07
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Valuation
Price / Earnings
28.97
Higher than Peers by 3.95
Current share price divided by earning per share in the last twelve months
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
L&T Technology
|
28.97
|
25.85
|
37.66
|
44.56
|
29.39
|
|
Peer Median
|
25.02
|
47.14
|
31.33
|
35.28
|
--
|
Price / Book Value
6.30
Higher than Peers by 1.28
Current share price divided by book value per share in the latest financial year
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
L&T Technology
|
6.30
|
5.16
|
7.97
|
11.11
|
8.21
|
|
Peer Median
|
5.02
|
5.02
|
5.07
|
6.21
|
--
|
Dividend Yield
1.38
Higher than Peers by 0.72
Dividend per share in the past twelve months divided by current share price
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
L&T Technology
|
1.38
|
1.86
|
1.22
|
0.91
|
1.33
|
|
Peer Median
|
0.66
|
0.37
|
0.39
|
0.25
|
--
|
EV/EBITDA
18.62
--
Enterprise Value (Current Market Capitalisation + Total Debt - Cash & Equivalents) / Earnings before interest, taxes, depreciation and taxes (EBITDA)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
L&T Technology
|
18.62
|
14.57
|
23.08
|
26.67
|
17.78
|
|
Peer Median
|
--
|
15.87
|
21.27
|
25.17
|
--
|
Market Cap
44,596
Higher than Peers by 27,947
Current Share price multiplied by latest total number of shares outstanding
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
L&T Technology
|
44,596
|
33,072
|
47,710
|
58,090
|
35,622
|
|
Peer Median
|
16,650
|
14,382
|
10,363
|
10,709
|
--
|