L&T Technology Services (NSE:LTTS) ROCE %: 24.99% (As of Mar. 2026)


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 ROCE %?

L&T Technology Services NSE:LTTS 95 ROCE % is 24.99% as of Mar. 2026. 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.

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. L&T Technology Services's annualized ROCE % for the quarter that ended in Mar. 2026 was 24.99%.

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

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

L&T Technology Services ROCE % Related Terms

L&T Technology Services ROCE % Historical Data

* Premium members only.

The historical data trend for L&T Technology Services's ROCE % 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 ROCE % Chart

L&T Technology Services Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 31.13 36.03 34.22 26.91 25.00

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
ROCE % 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 24.10 26.99 27.03 24.76 24.99
NSE:LTTS
95GF Score
L&T Technology Services Ltd NSE:LTTS
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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L&T Technology Services ROCE % Calculation

L&T Technology Services's annualized ROCE % for the fiscal year that ended in Mar. 2026 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=17386/( ( (96435 - 29900) + (104889 - 32356) )/ 2 )
=17386/( (66535+72533)/ 2 )
=17386/69534
=25.00 %

L&T Technology Services's ROCE % of for the quarter that ended in Mar. 2026 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=18128/( ( (0 - 0) + (104889 - 32356) )/ 1 )
=18128/( ( 0 + 72533 )/ 1 )
=18128/72533
=24.99 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

* 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 ROCE % →
What does a ROCE % of 24.99% mean?
L&T Technology Services (NSE:LTTS) has a ROCE % of 24.99% as of Mar. 2026.
Is L&T Technology Services' ROCE % too high?
L&T Technology Services' current ROCE % is 24.99%. The Software industry median ROCE % is 5.27. L&T Technology Services' value of 24.99% is 374.2% above this industry median. 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' ROCE % compare to IBM and ACN?
L&T Technology Services' ROCE % of 24.99% can be compared against companies in the Software industry. The industry median ROCE % is 5.27. L&T Technology Services' value of 24.99% is 374.2% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for a Software company?
The median ROCE % among Software companies is 5.27, based on 2,713 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. L&T Technology Services's current ROCE % of 24.99% is 374.2% 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 ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Software industry, the median ROCE % is 5.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. L&T Technology Services's current ROCE % is 24.99%. 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 ROCE % is 24.99% and 374.2% above the Software industry median of 5.27. 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 ROCE % calculated?
ROCE % is calculated from a company's financial statements. For L&T Technology Services (NSE:LTTS), the current ROCE % is 24.99% 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:

  • ROCE %: 24.99%
  • 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: 374.2% above the Software median

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

Get the complete analysis for NSE:LTTS

ROCE % 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