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Description
L&T Technology Services Limited stands out as a premier engineering services provider focused on delivering cutting-edge solutions across a diverse range of industries. Renowned for its integrated offerings, the company leverages its expertise to fos…
Analysis
Hope premium
L&T Technology Services Limited is priced well ahead of what the underlying numbers justify, a pattern we describe as a hope premium. Worth noting: the cash the business generates has lagged behind what the income statement shows.
On valuation, the picture is expensive. The owner-earnings multiple stands at 25.3×; owner earnings: the cash an owner could take out each year. The implied growth embedded in that price is around 9% a year, against analyst forecasts of 15%. The price, in other words, assumes less than the experts do.
Growth is solid; the safety picture is sturdy. The company scores 10/20 on our value-creation score: creating some value. Analyst sentiment is cautious.
Flags to be aware of: Reported profits have run ahead of actual cash for several periods. As always: this describes the company's numbers; it is not a recommendation.
360° rank · history
1007550250
Jan 202319
12
2023202420252026
All-time high
33
Mar 2026
All-time low
9
Jan 2024
Average rank
17
across all years
Detailed & Historical Ranks
Deep dive into 15 detailed ranks and 3 years of history.
Current202520242023
Price/Sales
23
27
24
7
Price/Earnings
26
22
20
13
Price/Book
23
19
15
11
Dividend Yield
51
32
40
46
Value (overall)
22
17
13
9
Cells are coloured by rank band (red weak → green strong). Sentiment & 360° history begins 2023.