Price History
L&T Tech Services has been awarded an impressive ESG score of 80, demonstrating their strong commitment to environmental, social, and governance standards, as evaluated by ESG Risk Assessments and Insights. This score underscores the company's responsible business practices.
Starting tomorrow, May 22, those who own shares of L&T and 10 other listed companies won't be eligible for upcoming dividends. If you want to receive these dividends, it's crucial to purchase the shares before today, May 21.
L&T Technology Services (LTTS) will trade without the upcoming dividend starting May 22, and shareholders can expect a payout of ₹40 per share on July 1. Currently, LTTS's dividend yield stands at 1.7%, indicating potential returns for investors. The company's earnings growth rate of 13% over the past five years suggests the sustainability of its dividends.
Tech company LTTS has announced a strategic partnership with Emerson, according to a recent press release. This collaboration is set to leverage both companies' expertise and resources for mutual growth and innovation.
Despite a 10% monthly growth, L&T Tech's shares dropped 2.6%, trading at ₹3,690.6, due to a global partnership with Emerson aimed at improving system integration and product development, which may have raised uncertainty among investors, resulting in a 15% decline year-to-date.
L&T Technology Services has formed a partnership with Assai Software to develop cutting-edge engineering solutions, particularly focusing on digital twin technology and document management systems.
L&T Tech collaborates with Emerson to integrate into a global test platform, while simultaneously establishing a new Center of Excellence (CoE) in Mysuru. This CoE will focus on delivering solutions for industries like transportation, aerospace, sustainability, and more.
LTTS' CEO Amit Chadha experienced a 17.4% pay cut in FY26, reducing his salary to approximately 148 times the median employee wage. Despite this adjustment, LTTS managed to increase its net profit by 0.98% YoY to Rs 1,279.2 crore, with total revenue growing by 14% to Rs 10,995.9 crore for the same period.
LTTS has emphasized its AI-centered engineering approach through the Engineering Intelligence framework, aiming for sustainable growth by exiting less profitable segments. The financial year 2026 saw a 5% revenue increase to $1.32 billion, demonstrating robust deal closures and margin improvements driven by AI strategies, signaling a promising outlook for LTTS's long-term success.
Three notable companies - NALCO, L&T Tech, and Havells - are set to pay out dividends in May, making them potential options for income-focused investors.
Tech Mahindra's Q4 profits have surged by 16%, reaching ₹1,354 crore, with Motilal Oswal predicting a potential price of ₹1,750 – a 20% increase. On the other hand, LTTS posted a 9.7% QoQ profit growth to ₹332.1 crore but brokerages have set a target price of ₹3,400 with a 4% potential downside.
ICICI Securities has reduced its price target for L&T Tech, indicating a potential 5% drop in the company's stock value. Access to the full report requires a premium subscription.
ICICI Securities has kept a 'Hold' rating on L&T Tech Services, but reduced the target price to ₹3,380. The revision is based on a stable outlook and strong auto demand, yet a forecasted dip in earnings for FY27-28 due to portfolio rationalisation affecting near-term performance within the hi-tech vertical.
L&T Tech aims for a steady 13-15% compound annual growth rate (CAGR) and an EBIT margin of 16%, with plans to reach these targets by Q4 FY27. The company's emphasis on engineering intelligence will drive its strategic growth objectives.
Post Q4 results, various brokerages have adjusted their ratings for L&T Tech, Trent, SBI Life, and Tech Mahindra. The revised ratings reflect strategic shifts, margin concerns, and macroeconomic risks. Notably, Trent and SBI Life remain firmly positioned despite these challenges.
Larsen & Toubro's (LTTS) strategy shift prioritizes increasing profitability, with a view that sustainable growth will ensue after profitability enhancements are achieved.
L&T Tech's fourth-quarter earnings fell short of expectations, yet margin improvements were noted. Notably, the company announced a dividend of INR 40 per share for its shareholders.
L&T Technology Services reports a 6.7% increase in Q4 FY26 net profit to INR 332 crore, with revenue climbing by 8.3% to INR 2,857.9 crore. The company secured large deal bookings over $850M for the fiscal year. In addition, the board proposes a final dividend of INR 40 per share and has an employee strength of 23,830.
L&T Technology Services (LTTS) has declared a final dividend of INR 40 per share for FY26, pending approval at their Annual General Meeting on June 1, 2026. Additionally, the board announced various appointments and reappointments, with the AGM set for next year.
L&T Tech reported a 6.8% year-on-year increase in Q4 net profit, reaching 3.32 billion rupees, despite a 4.1% decrease in quarterly revenue to 28.58 billion rupees.
L&T Tech Services is aiming to bolster its growth in AI-focused engineering with over 1,700 patents and a collaboration with MIT Media Lab. The company aims for a compound annual growth rate (CAGR) of 13-15% under the Lakshya 31 plan, driven by software development, AI, electrification, and high-value engineering services.
HDFC Securities has provided an analysis of the Q4 FY26 results for SBI Life, Trent, Tech Mahindra, L&T Tech, and Havells. Detailed findings and conclusions are available only through a linked PDF or premium subscription to NDTV Profit.
JPMorgan has set a new target of ₹3,600 for L&T Tech Services, maintaining a neutral rating following the exit from SWC. The investment bank expects a margin expansion of 16.5%, driven by vertical growth, which should offset a $19M headwind and potentially result in a 2-3% EPS upgrade.
L&T Tech reported Q4 net profit of INR 332.1 crore on revenues of INR 2,857.9 crore, despite a 1.1% decline in revenue when adjusted for currency fluctuations. The company's EBIT stood at INR 434.9 crore with a profit margin of 15.2%.
L&T Technology has announced a proposed dividend of ₹40 per share for the financial year 2026, indicating a positive distribution of profits to its shareholders.
Nomura has boosted its price target for L&T Tech Services to ₹3,510 due to restructuring efforts. Strong deal wins and Project Lakshya aiming for a 13-15% revenue CAGR and mid-16% EBIT margins are promising. However, potential acquisitions could potentially dilute profit margins.
L&T Tech forms a partnership with a major energy company to establish an AI-focused Digital Expertise Centre in India, employing around 500 engineers for AI, digital, and ER&D consultancy services.
L&T Tech is set to release its Q4 FY26 financial results on April 22, after market close. The board will discuss the audited results, potential dividends, and will hold an earnings call at 8 PM IST for further details. Investors await the outcome of the dividend decision.
ER&D companies are expected to show modest growth in Q4FY26, as demand stabilizes but recovery is delayed. Among them, KPIT is favored for its projected 1.6% increase, while Tata Elxsi and Cyient anticipate smaller gains. Improved margins could come from currency depreciation and cost control measures. Analysts recommend buying shares of KPIT, Cyient, and LTTS, but advise reducing holdings in Tata Elxsi.