L&T Technology Services share price today

L&T Technology Services Ltd's share price was ₹4,225.60 at the close on 5 November 2026. It has been falling for 40 weeks. That is 16.0% above its average price over the last 200 trading days. In the last 52 weeks it traded between ₹3,048 and ₹4,676, and at that close it sat 72% of the way up from that low.

A share price tends to move through four phases: moving sideways (stage 1), rising (stage 2), stalling near a high (stage 3) and falling (stage 4). Today L&T Technology Services Ltd is in stage 4. The phase helps read everything below.

Over the past 13 weeks it has done better than the NIFTY 500, and it has stayed ahead for 15 weeks in a row.

Over the last 10 years the share price moved +386% while the NIFTY 500 moved +191%, so it is ahead of the index over that whole period. The chart above shows the 13-week comparison for every week.

This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row.

Three changes stood out: revenue up on a year earlier for 12 quarters in a row (every quarter we can compare), highest quarterly profit in 16 quarters and promoters cut their stake for 3 quarters in a row.

1. Revenue up on a year earlier for 12 quarters in a row (every quarter we can compare)

   In the September 2026 quarter revenue was ₹3,040 crore, +12.1% on a year earlier.

   Why: Revenue rose because the sustainability business did more work on large contracts won earlier.

   Next results: check whether the second half brings in more money than the first half, as management expects.

   From the earnings call on 19 Oct 2026.

2. Highest quarterly profit in 16 quarters

   Profit of ₹549 crore in the September 2026 quarter is the highest of the last 16 quarters.

3. Promoters cut their stake for 3 quarters in a row

   From 73.6% to 73.5% of the company by the September 2026 quarter.

For July to September 2026 (the quarter ended 30 September 2026), L&T Technology Services reported revenue of ₹3,040 crore, up 12.1% from ₹2,713 crore a year earlier, and a profit of ₹549 crore, up 66.9% from ₹329 crore.

L&T Technology Services results: July to September 2026 against a year earlier

The next results, for October to December 2026, are due by 14 February 2027: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter).

L&T Technology Services' management discussed these results on a call held on 19 October 2026; what it said is further down this page.

From the company's reported quarterly results (quarter ended 30 September 2026). Revenue and profit in ₹ crore.

L&T Technology Services closed at ₹4,225.60 on 5 November 2026, up 3.3% from ₹4,089.20 a year earlier (7 November 2025) and down 15.7% over five years. Its highest weekly close since September 2016 was ₹5,806.45 on 5 April 2024.

L&T Technology Services share price: then and now

Weekly closing prices. Each change is the move from that price to the 5 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes.

532 weekly closes from 23 September 2016 to 5 November 2026.

5 Nov 2026: L&T Technology Services closed at ₹4,225.60, down 1.3% on the week and up 29.2% on the month. 27 Oct 2026: ex-date for an interim dividend of ₹20 a share.

Earlier

• 19 Oct 2026: L&T Technology Services held its results call for July to September 2026. Management guided: H2 revenue stronger than H1 both on a year earlier and on the previous quarter with momentum strengthening while sustaining margins.
• Results for July to September 2026: Revenue up 12.1% and profit up 66.9% on a year earlier.
• 22 May 2026: ex-date for a dividend of ₹40 a share.

L&T Technology Services paid ₹60 a share in regular dividends in the 12 months to 5 November 2026 (2 payments), a yield of 1.42% at the ₹4,225.60 close on 5 November 2026. The last was an interim dividend of ₹20 a share, ex-date 27 October 2026.

L&T Technology Services dividends since 1 April 2021

Amounts as the company declared them on the NSE. A dividend goes to whoever owns the shares before the ex-date.

Yes. L&T Technology Services Ltd paid out 48% of its profit as dividends in FY26, and it paid a dividend in each of its last 12 reported years.

From the NSE corporate-actions record, read 5 November 2026.

On the call for July to September 2026, held on 19 October 2026, L&T Technology Services' management guided: H2 revenue stronger than H1 both on a year earlier and on the previous quarter with momentum strengthening while sustaining margins.

“I am pleased to share that we have been able to achieve our committed mid-16% margin aspiration ahead of time by a couple of quarters.”Rajiv Gupta, on the call for July to September 2026

What management guided

• Sustain mid-16% EBIT margins in near term after absorbing Q3 wage hike of 50-80 basis points impact.
• 13-15% revenue yearly growth with 16-17% EBIT margins over next 3-5 years reiterated.
• Maintain USD 200 million quarterly TCV pace with additional USD 100 million catch-up across H2.
• Sustainability on track for another double-digit growth year on large-deal execution and AI content.

Management’s own plans and goals, from our notes of the call. A plan is not a result.

Source: the call transcript.

From the call for July to September 2026, 19 October 2026.

When L&T Technology Services reports October to December 2026, these are the 4 checks that show whether the story is still on course. First: H2 revenue to beat H1 on a year earlier and on the previous quarter while having the sustained margin band through furloughs and wage hike - per H2 and margin outlook.

L&T Technology Services is on 3 of our India lists: Momentum stocks, Small & mid cap stocks and IT stocks.

L&T Technology Services Ltd earned ₹549 Cr of net profit in the Sep 2026 quarter, +66.9% on the same quarter a year earlier. That is the 3rd quarter in a row of profit growth. Full-year FY26 profit was ₹1,281 Cr. Over 10 years profit has grown 11.8% a year on average. That is 18.1% of the quarter's revenue.

Net profit is what is left after every cost, interest and tax. Earnings per share, dividends and book value all grow from it.

The same quarter a year earlier earned ₹329 Cr.

For the full year, FY26 profit was ₹1,281 Cr (+1.3% on the year before).

Why profit moved: revenue changed +12.1% on a year earlier and the margin moved +2.0 percentage points. Most of the change came from keeping more of each sale.

On average over the last four quarters, profit changed +20.5% and revenue +9.2%. Profit is growing faster than sales: fixed costs are spread over more sales, so each extra rupee of revenue adds more to profit.

L&T Technology Services Ltd reported ₹3,040 Cr of revenue in the Sep 2026 quarter, +12.1% on the same quarter a year earlier. That is the 12th quarter in a row with growth on the year before. Over 10 years it has grown 13.6% a year on average. The last full year, FY26, came in at ₹10,996 Cr.

Revenue is everything the company billed its customers in the period.

The last four reported quarters add to ₹11,625 Cr.

FY26 revenue was ₹10,996 Cr, +14.0% on the year before.

Recent pace: the last four quarters grew +9.2% on average, against 13.6% a year over the longer run, so this year is growing slower than its own long-run rate.

Is growth speeding up? Revenue over the last 12 months grew +9.2%, against +7.8% a year over the last 8 quarters (stabilising); profit over the last 12 months grew +20.9%, against +8.4% a year (accelerating).

L&T Technology Services Ltd's operating margin was 19.0% in the Sep 2026 quarter, 2.0 percentage points higher than the same quarter a year ago. Across 12 years it has been between 15.0% and 22.0%. The latest quarter is within that range.

Operating margin is what is left from every ₹100 of sales after the costs of running the business, before interest and tax. It shows pricing power and cost control.

Why the margin moved: operating margin changed +1.8 percentage points on the year while gross margin changed +0.0 points. So the gain came mostly from costs below the gross margin, such as staff and overheads, measured against sales.

Over the last 3 years, 115% of L&T Technology Services Ltd's reported profit came in as cash from its operations, so the profit is backed by cash. In FY26 it brought in ₹1,455 Cr of operating cash against ₹1,281 Cr of profit. After ₹334 Cr of spending on assets, ₹1,121 Cr was left over as free cash.

The profit and loss account shows what was earned. The cash-flow statement shows the cash that actually came in. Comparing operating cash flow with profit is one of the best checks that a profit is real.

Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year.

Why 115% of profit came in as cash: the cash cycle got 16 days shorter between FY21 and FY26, so cash that used to wait in the business now arrives sooner.

What to look at next: the bigger use of cash is spending on new assets, at 2.0× depreciation over three years. The next section checks what that spending is building.

L&T Technology Services Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was 67 days in FY26, down from 83 days in FY21. It spent ₹1,882 Cr on assets over the last 3 years.

Working capital is the cash tied up between paying suppliers and getting paid. Debtor days: how long customers take to pay. Inventory days: how long stock sits. The cash cycle: the whole loop, in days of sales.

At FY26 sales of ₹10,996 Cr, each day of that cycle ties up about ₹30.1 Cr, so roughly ₹2,018 Cr is tied up in the business at any time.

Spending on assets: ₹1,882 Cr over the last 3 years, against ₹920 Cr of depreciation (the yearly wear and tear on existing assets). So it is building well beyond replacing what wears out. Work still in progress is ₹12.0 Cr (FY26): assets paid for that are not earning yet.

In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns.

L&T Technology Services Ltd's P/E is 32.1×, in the middle of its own history: higher than 50% of past readings. Its usual P/E (the middle reading) is 32.1×, over 10 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth.

P/E is the share price divided by a year's profit per share: how many rupees the market pays for each rupee of yearly profit.

The P/E here, and its history, use a profit figure that can leave out one-off items, so it can differ from a P/E worked out on the quarterly results. Those results' earnings per share for the four quarters to Sep 2026 add up to ₹145.17.