The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. L&T Technology Services's Dividend Payout Ratio for the
months ended in Mar. 2026 was 0.00.
The historical rank and industry rank for L&T Technology Services's Dividend Payout Ratio or its related term are showing as below:
NSE:LTTS'
s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.07 Med: 0.27 Max: 0.46
Current: 0.45
During the past 12 years, the highest Dividend Payout Ratio of L&T Technology Services was 0.46. The lowest was 0.07. And the median was 0.27.
NSE:LTTS's Dividend Payout Ratio is ranked worse than 55.13% of 867
companies
in the Software industry
Industry Median: 0.41
vs NSE:LTTS: 0.45
During the past 12 years, the highest Trailing Annual Dividend Yield of L&T Technology Services was 1.97%. The lowest was 0.25%. And the median was 0.97%.
During the past 12 months, L&T Technology Services's average Dividends Per Share Growth Rate was 12.00% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 23.10% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was 23.90% per year.
During the past 12 years, the highest 3-Year average Dividends Per Share Growth Rate of L&T Technology Services was 91.30% per year. The lowest was 7.90% per year. And the median was 26.80% per year.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.
L&T Technology Services (NSE:LTTS) Dividend Payout Ratio Explanation
In dividends investing, Dividend Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.
L&T Technology Services Dividend Payout Ratio Related Terms
L&T Technology Services Dividend Payout Ratio Historical Data
* Premium members only.
The historical data trend for L&T Technology Services's Dividend Payout Ratio 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 Dividend Payout Ratio Chart
NSE:LTTS vs IBM, ACN, FISV: Dividend Payout Ratio Comparison
For the Information Technology Services subindustry, L&T Technology Services's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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 Dividend Payout Ratio vs Software Industry
For the Software industry and Technology sector, L&T Technology Services's Dividend Payout Ratio distribution charts can be found below:
* The bar in red indicates where L&T Technology Services's Dividend Payout Ratio falls into.
L&T Technology Services Dividend Payout Ratio Calculation
The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period.
L&T Technology Services's Dividend Payout Ratio for the fiscal year that ended in Mar. 2026 is calculated as
* 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 (NSE:LTTS) has a Dividend Payout Ratio of 0.00 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on L&T Technology Services and its competitors. Over the past decade, L&T Technology Services' Dividend Payout Ratio has ranged from 0.07 to 0.46. According to the industry distribution chart, L&T Technology Services ranks #478 out of 867 companies in the Software industry, placing it in the top 55.1%.
Is L&T Technology Services' Dividend Payout Ratio too high?
L&T Technology Services' current Dividend Payout Ratio is 0.00. Over the past 10 years, this metric has ranged from a low of 0.07 to a high of 0.46. Based on the distribution chart, L&T Technology Services ranks #478 out of 867 companies in the Software industry, which is below 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' Dividend Payout Ratio compare to IBM and ACN?
According to the Software industry distribution chart, L&T Technology Services ranks #478 out of 867 companies for Dividend Payout Ratio. This places L&T Technology Services in the lower half of its industry. The industry median Dividend Payout Ratio is 0.41. Historically, L&T Technology Services' own Dividend Payout Ratio has ranged from 0.07 to 0.46 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Dividend Payout Ratio for a Software company?
The median Dividend Payout Ratio among Software companies is 0.41, based on 867 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Payout Ratio significantly above this median, while those in the bottom quartile fall well below. However, Dividend Payout Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Dividend Payout Ratio mean?
A high Dividend Payout Ratio can signal that a stock is expensive relative to its fundamentals. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on L&T Technology Services and its competitors. For the Software industry, the median Dividend Payout Ratio is 0.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. L&T Technology Services's current Dividend Payout Ratio is 0.00. 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 ₹5,245.31, compared to a current price of ₹3,047.70 — trading 41.9% below its estimated fair value. The current Dividend Payout Ratio is 0.00. 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 Dividend Payout Ratio calculated?
Dividend Payout Ratio is calculated from a company's financial statements. For L&T Technology Services (NSE:LTTS), the current Dividend Payout Ratio is 0.00 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 ₹3,047.70 is trading 41.9% below its estimated GF Value™ of ₹5,245.31.
GuruFocus considers L&T Technology Services to be Significantly Undervalued.
Key valuation signals for NSE:LTTS:
Dividend Payout Ratio: 0.00
GF Value™: ₹5,245.31 vs. price of ₹3,047.70 (41.9% below fair value)
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 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
Get the complete analysis for NSE:LTTS
Dividend Payout Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
NSE:LTTS has been successfully added to your 
