L&T Technology Services Limited — PPTs, 22-04-2026: Investor Presentation

**Business Performance:** LTTS delivered strong FY26 results from continuing operations, with revenue up 14% YoY to ₹10,995.9 Cr ($1,233M, +8.3%). Q4 revenue grew 8.3% YoY to ₹2,857.9 Cr. Net income for FY26 rose 7.4% to ₹1,281.8 Cr, with Q4 net income surging 23.6% YoY to ₹346.7 Cr. EBIT margins improved to 15.2% in Q4, reflecting a focus on profitable growth.

**Growth Drivers or Strategy:** The company is pushing "Engineering Intelligence" (EI), a strategy blending engineering with AI and digital. They've recalibrated their portfolio by divesting non-strategic businesses. Their "Lakshya 31-Plan" targets a 13-15% CAGR over the next five years, aiming for 16-17% EBIT margins, driven by six key technology bets.

**Recent Developments:** LTTS maintained strong deal momentum, securing ~$200M in large deals for the sixth straight quarter, with FY26 bookings totaling $855M (+40% YoY). Key wins include digital transformation partnerships and next-gen solutions for marine and air mobility. The firm now boasts over 1,700 patents, with 235+ in AI.

**Key Financial Metrics:** FY26 EPS was ₹115.89, and Return on Equity (ROE) stood at 20.4%. A final dividend of ₹40 per share has been proposed, representing a 48% payout ratio.

**Management Commentary / Outlook:** Management expresses "cautious optimism" for the near term, with strong performance expected from Sustainability and Mobility segments. The long-term outlook is bullish, backed by the ambitious growth and margin targets of the Lakshya 31-Plan.