Financial & Valuation Intelligence™

L&T Technology Services Limited

Name: L T Technology Services Limited Financial Intelligence
Creator: Annual Report AI
License: https://annualreportai.live/license

NSE

LTTS

Sector: Information Technology· IT Enabled Services

Current Price

₹3,923.6

Market Cap

₹38.31K Cr

AI Financial Summary

L&T Technology Services demonstrates strong market positioning within the engineering and R&D services space, underpinned by high capital allocation efficiency and solid free cash flow generation. While revenue growth remains resilient at a double-digit CAGR, the company is currently navigating a period of stabilization in net margins to sustain its long-term competitive advantage.

Business Performance (CAGR)

10 Years

Revenue

14.5%

PAT

13.0%

EPS

12.5%

Book Value

17.2%

Free Cash Flow

22.1%

Valuation Snapshot

P/E25.9

P/B5.1

EV/EBITDA19.2

P/S3.5

Div Yield1.60%

Financial Health

Debt to Equity0.09

Interest Coverage27.9x

Current Ratio1.07

Cash & Investments₹3.55K Cr

Profitability Metrics

ROE

19.8%

ROCE

25.4%

ROA

12.2%

EBITDA Mgn

17.6%

Op Margin

16.3%

Net Margin

11.6%

Cash Flow Intelligence

Operating Cash Flow₹1.46K Cr

Free Cash Flow₹1.12K Cr

Cash Conversion113.8%

FCF Margin10.2%

Intrinsic Value

Premium

Estimated Intrinsic Value

████████

Current Price₹3,923.6

Margin of Safety██.██%

Unlock with Premium

Estimated Intrinsic Value & DCF Fair Value are available with Premium plans.

AI Business Verdict

LTTS represents a structurally sound business with a high-quality cash flow profile and strong competitive positioning, currently trading at a fair valuation relative to its intrinsic worth.

Extremely low leverage profile.
High-quality cash conversion with OCF-to-PAT consistently above 100%.
Robust ROCE levels indicative of a strong competitive advantage.
Specialized service domain with high entry barriers.

Balance Sheet

AI-Powered Analysis

Balance Sheet Strength™

78/100

Strong

L&T Technology Services Limited shows a strong balance sheet with healthy liquidity, moderate leverage and steady equity compounding.

AI Confidence

92%

Stability

Flexibility

Strength Factors

Liquidity60

Leverage96

Working Capital68

Asset Quality69

Shareholder Strength90

Financial Stability73

Financial Flexibility™

92/100

Excellent

Capacity to fund growth, withstand downturns and return capital.

Total Assets

₹10.49K Cr

▲ 4.0% YoY

Total Liabilities

₹4.02K Cr

▲ 0.2% YoY

Shareholder Equity

₹6.47K Cr

▲ 6.5% YoY

Net Cash Position

+₹2.97K Cr

Excellent

Debt / Equity

0.09x

Very Low

Enterprise Value

₹35.34K Cr

Capital Structure

Assets

₹10.49K Cr

Equity

₹6.47K Cr (61.7%)

Liabilities

₹4.02K Cr (38.3%)

Debt Intelligence™

Debt vs Cash Trend

Debt / Equity0.09x

Interest Coverage27.9x

Debt / EBITDA0.45x

Net Debt₹-2.97K Cr

Debt Trend (5Y)41.5%

Debt MaturityWell Staggered

Liquidity Intelligence™

Current Ratio1.07

Quick Ratio1.07

Cash Ratio0.41

Working Capital₹233 Cr

Operating Cash CoverageExcellent

Short-term LiquidityAdequate

Working Capital Intelligence™

CCC Trend

Receivable Days67

Inventory Days0

Payable DaysNot Available

Cash Conversion Cycle67 days

Asset Quality (% of Total Assets)

Cash & Investments15.7%

Property, Plant & Equip.21.5%

ReceivablesNot Available

InventoryNot Available

GoodwillNot Available

Intangible AssetsNot Available

Other Assets78.4%

Shareholder Strength™

Strength Radar

Book Value CAGR (5Y)17.2%

Net Worth CAGR (5Y)17.8%

Retained EarningsExcellent

Equity Dilution0.00%

Buyback EfficiencyStrong

Dividend Sustain.Strong

Balance Sheet Evolution

Annual

Balance Sheet Risk Monitor

Debt RiskLow

Liquidity RiskElevated

Working Capital RiskModerate

Refinancing RiskLow

Asset Quality RiskModerate

Dilution RiskLow

Contingent LiabilityLow

Overall Balance Sheet RiskModerate

Balance Sheet Stress Test™

Economic Slowdown78

Acquisition Capacity93

High Interest Rates96

Dividend Sustainability91

Revenue Decline76

Cash Flow Resilience84

Expansion Capacity91

Overall Resilience Score

87/100

Strong Resilience

AI Balance Sheet Commentary

Overall Assessment

L&T Technology Services Limited shows a strong balance sheet with healthy liquidity, moderate leverage and steady equity compounding.

What Stands Out

Net cash position — debt fully covered by cash & investments
Large cash & investment reserves
Very low leverage with net cash balance
Strong shareholder equity growth
High interest coverage

Areas To Monitor

Tight short-term liquidity cushion
Large 'other assets' bucket — investigate composition

Financial data based on consolidated numbers and TTM · Source: Company Filings, Annual Report AI Analysis · Data as of: 31/03/2026