L&T Technology Services (NSE:LTTS) Net Margin %: 11.62% (As of Mar. 2026) — 14% Below Median


NSE:LTTS L&T Technology Services Ltd NSE:LTTS
95 GF Score
Price ₹3,324.40
GF Value ₹5,232.59
Valuation Significantly Undervalued
! 3 Warning Signs
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What is L&T Technology Services Net Margin %?

L&T Technology Services NSE:LTTS -0.41% 95 Net Margin % is 11.62% as of Mar. 2026, which is 14% below its 10-year median of 13.51. GuruFocus rates NSE:LTTS with a GF Score™ of 95/100 and a GF Value™ of ₹5,232.59 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 2,825 Software companies, L&T Technology Services ranks better than 77.77% on this metric.

Net margin is calculated as Net Income divided by its Revenue. L&T Technology Services's Net Income for the three months ended in Mar. 2026 was ₹3,321 Mil. L&T Technology Services's Revenue for the three months ended in Mar. 2026 was ₹28,579 Mil. Therefore, L&T Technology Services's net margin for the quarter that ended in Mar. 2026 was 11.62%.

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

NSE:LTTS' s Net Margin % Range Over the Past 10 Years
Min: 11   Med: 13.51   Max: 15.08
Current: 11


NSE:LTTS's Net Margin % is ranked better than
77.77% of 2825 companies
in the Software industry
Industry Median: 2.54 vs NSE:LTTS: 11.00

L&T Technology Services  (NSE:LTTS) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


L&T Technology Services Net Margin % Related Terms


L&T Technology Services Net Margin % Historical Data

* Premium members only.

The historical data trend for L&T Technology Services's Net Margin % 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.

L&T Technology Services Net Margin % Chart

L&T Technology Services Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.57 13.75 13.51 13.14 11.63

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
Net Margin % 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 11.79 11.02 11.03 10.35 11.62

NSE:LTTS vs IBM, ACN, FISV: Net Margin % Comparison

For the Information Technology Services subindustry, L&T Technology Services's Net Margin %, along with its competitors' market caps and Net Margin % 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 Net Margin % vs Software Industry

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

* The bar in red indicates where L&T Technology Services's Net Margin % falls into.


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

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

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

Net Margin=Net Income (A: Mar. 2026 )/Revenue (A: Mar. 2026 )
=12792/109959
=11.63 %

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

Net Margin=Net Income (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=3321/28579
=11.62 %

* 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.

Frequently Asked Questions Learn more about Net Margin % →
What does a Net Margin % of 11.62% mean?
L&T Technology Services (NSE:LTTS) has a Net Margin % of 11.62% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on L&T Technology Services and its competitors. This is 14% below median its historical median of 13.51. Over the past decade, L&T Technology Services' Net Margin % has ranged from 11.00 to 15.08. According to the industry distribution chart, L&T Technology Services ranks #628 out of 2825 companies in the Software industry, placing it in the top 22.2%.
Is L&T Technology Services' Net Margin % too high?
L&T Technology Services' current Net Margin % of 11.62% is 14% below median its 10-year median of 13.51. Over the past 10 years, this metric has ranged from a low of 11.00 to a high of 15.08. The Software industry median Net Margin % is 2.54. L&T Technology Services' value of 11.62% is 357.5% above this industry median. Based on the distribution chart, L&T Technology Services ranks #628 out of 2825 companies in the Software industry, which is in the top quartile — a strong position relative to peers. 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' Net Margin % compare to IBM and ACN?
According to the Software industry distribution chart, L&T Technology Services ranks #628 out of 2825 companies for Net Margin %. This places L&T Technology Services in the top 22% of its industry — outperforming the majority of peers. The industry median Net Margin % is 2.54. L&T Technology Services' value of 11.62% is 357.5% above this benchmark. Historically, L&T Technology Services' own Net Margin % has ranged from 11.00 to 15.08 over the past decade. While the company's 10-year median is 13.51 vs. the industry median of 2.54, 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 Net Margin % for a Software company?
The median Net Margin % among Software companies is 2.54, based on 2,825 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. L&T Technology Services's current Net Margin % of 11.62% is 357.5% 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 Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on L&T Technology Services and its competitors. For the Software industry, the median Net Margin % is 2.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. L&T Technology Services's current Net Margin % is 11.62%, which is 14% below median its own 10-year median of 13.51. 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 ₹5,232.59, compared to a current price of ₹3,324.40 — trading 36.5% below its estimated fair value. The current Net Margin % is 11.62%, which is 14% below median its 10-year median of 13.51 and 357.5% above the Software industry median of 2.54. 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 Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For L&T Technology Services (NSE:LTTS), the current Net Margin % is 11.62% 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 ₹3,324.40 is trading 36.5% below its estimated GF Value™ of ₹5,232.59. GuruFocus considers L&T Technology Services to be Significantly Undervalued.

Key valuation signals for NSE:LTTS:

  • Net Margin %: 11.62% (14% below median its 10-year median of 13.51)
  • GF Value™: ₹5,232.59 vs. price of ₹3,324.40 (36.5% below fair value)
  • GF Score™: 95/100 with 3 warning signs
  • Industry Position: 357.5% above the Software median (#628 of 2825)

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

₹3,324.40
Price
₹5,232.59
GF Value