L&T Technology Services (NSE:LTTS) Interest Coverage: 25.58 (As of Mar. 2026) — 17% Below Median


NSE:LTTS L&T Technology Services Ltd NSE:LTTS
95 GF Score
Price ₹3,322.40
GF Value ₹5,235.19
Valuation Significantly Undervalued
! 3 Warning Signs
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What is L&T Technology Services Interest Coverage?

L&T Technology Services NSE:LTTS 95 Interest Coverage is 25.58 as of Mar. 2026, which is 17% below its 10-year median of 30.66. GuruFocus rates NSE:LTTS with a GF Score™ of 95/100 and a GF Value™ of ₹5,235.19 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 1,705 Software companies, L&T Technology Services ranks better than 50.32% on this metric.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income by its Interest Expense. L&T Technology Services's Operating Income for the three months ended in Mar. 2026 was ₹4,349 Mil. L&T Technology Services's Interest Expense for the three months ended in Mar. 2026 was ₹-170 Mil. L&T Technology Services's interest coverage for the quarter that ended in Mar. 2026 was 25.58. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for L&T Technology Services's Interest Coverage or its related term are showing as below:

NSE:LTTS' s Interest Coverage Range Over the Past 10 Years
Min: 19.13   Med: 30.66   Max: 443.21
Current: 25.57


NSE:LTTS's Interest Coverage is ranked better than
50.32% of 1705 companies
in the Software industry
Industry Median: 24.78 vs NSE:LTTS: 25.57

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


L&T Technology Services  (NSE:LTTS) Interest Coverage Explanation

Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.

Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .


L&T Technology Services Interest Coverage Related Terms


L&T Technology Services Interest Coverage Historical Data

* Premium members only.

The historical data trend for L&T Technology Services's Interest Coverage can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

L&T Technology Services Interest Coverage Chart

L&T Technology Services Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 26.94 34.83 33.34 26.68 24.81

L&T Technology Services Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Interest Coverage Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 22.13 23.11 25.20 28.66 25.58

NSE:LTTS vs IBM, ACN, FISV: Interest Coverage Comparison

For the Information Technology Services subindustry, L&T Technology Services's Interest Coverage, along with its competitors' market caps and Interest Coverage data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


L&T Technology Services Interest Coverage vs Software Industry

For the Software industry and Technology sector, L&T Technology Services's Interest Coverage distribution charts can be found below:

* The bar in red indicates where L&T Technology Services's Interest Coverage falls into.


NSE:LTTS
95GF Score
L&T Technology Services Ltd NSE:LTTS
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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L&T Technology Services Interest Coverage Calculation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage=-1* Operating Income /Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt (1).


Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

L&T Technology Services's Interest Coverage for the fiscal year that ended in Mar. 2026 is calculated as

Here, for the fiscal year that ended in Mar. 2026, L&T Technology Services's Interest Expense was ₹-641 Mil. Its Operating Income was ₹15,905 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹4,092 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*15905/-641
=24.81

L&T Technology Services's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, L&T Technology Services's Interest Expense was ₹-170 Mil. Its Operating Income was ₹4,349 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹4,092 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*4349/-170
=25.58

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

The higher the ratio, the stronger the company's Financial Strength is.

Frequently Asked Questions Learn more about Interest Coverage →
What does a Interest Coverage of 25.58 mean?
L&T Technology Services (NSE:LTTS) has a Interest Coverage of 25.58 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on L&T Technology Services and its competitors. This is 17% below median its historical median of 30.66. Over the past decade, L&T Technology Services' Interest Coverage has ranged from 19.13 to 443.21. According to the industry distribution chart, L&T Technology Services ranks #847 out of 1705 companies in the Software industry, placing it in the top 49.7%.
Is L&T Technology Services' Interest Coverage too high?
L&T Technology Services' current Interest Coverage of 25.58 is 17% below median its 10-year median of 30.66. Over the past 10 years, this metric has ranged from a low of 19.13 to a high of 443.21. The Software industry median Interest Coverage is 24.78. L&T Technology Services' value of 25.58 is 3.2% above this industry median. Based on the distribution chart, L&T Technology Services ranks #847 out of 1705 companies in the Software industry, which is above the industry midpoint. Overall, L&T Technology Services has a GF Score™ of 95/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does L&T Technology Services' Interest Coverage compare to IBM and ACN?
According to the Software industry distribution chart, L&T Technology Services ranks #847 out of 1705 companies for Interest Coverage. This puts L&T Technology Services in the upper half of its industry. The industry median Interest Coverage is 24.78. L&T Technology Services' value of 25.58 is 3.2% above this benchmark. Historically, L&T Technology Services' own Interest Coverage has ranged from 19.13 to 443.21 over the past decade. While the company's 10-year median is 30.66 vs. the industry median of 24.78, L&T Technology Services has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Coverage for a Software company?
The median Interest Coverage among Software companies is 24.78, based on 1,705 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. L&T Technology Services's current Interest Coverage of 25.58 is 3.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on L&T Technology Services and its competitors. For the Software industry, the median Interest Coverage is 24.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. L&T Technology Services's current Interest Coverage is 25.58, which is 17% below median its own 10-year median of 30.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is L&T Technology Services stock overvalued right now?
Based on GuruFocus' analysis, L&T Technology Services (NSE:LTTS) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹5,235.19, compared to a current price of ₹3,322.40 — trading 36.5% below its estimated fair value. The current Interest Coverage is 25.58, which is 17% below median its 10-year median of 30.66 and 3.2% above the Software industry median of 24.78. L&T Technology Services' overall GF Score™ is 95/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For L&T Technology Services (NSE:LTTS), the current Interest Coverage is 25.58 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is L&T Technology Services (NSE:LTTS) Overvalued in 2026?

Based on GuruFocus' analysis, L&T Technology Services stock appears to be undervalued. The current stock price of ₹3,322.40 is trading 36.5% below its estimated GF Value™ of ₹5,235.19. GuruFocus considers L&T Technology Services to be Significantly Undervalued.

Key valuation signals for NSE:LTTS:

  • Interest Coverage: 25.58 (17% below median its 10-year median of 30.66)
  • GF Value™: ₹5,235.19 vs. price of ₹3,322.40 (36.5% below fair value)
  • GF Score™: 95/100 with 3 warning signs
  • Industry Position: 3.2% above the Software median (#847 of 1705)

No single metric tells the full story. See the NSE:LTTS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


L&T Technology Services Business Description

Other Exchanges 540115:India
Address National Highway No. 8, Ajwa Waghodia Crossing, West Block-II, L&T Knowledge City (IT/ITES) SEZ, Vadodara, GJ, IND, 390 019
L&T Technology Services Ltd is a provider of engineering and research services in connection to embedded systems and other engineering support services. The company's operating segments include Mobility, Sustainability and Tech. It derives the majority of its revenue from the Sustainability segment. Geographically, it derives a majority of its revenue from North America, while it also has its presence in Europe, India, and Rest of the world. The services provided by the company are Digital engineering & consulting, Product consulting, Manufacturing engineering, and Plant engineering.
95GF Score

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Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹3,322.40
Price
₹5,235.19
GF Value