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L&T Technology ServicesNSE:LTTS -1.86%97 3-Year ROIIC % is 1.83 as of Mar. 2026, which is 91% below its 10-year median of 20.51. GuruFocus rates NSE:LTTS with a GF Score™ of 97/100 and a GF Value™ of ₹5,452.09 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 2,621 Software companies, L&T Technology Services ranks worse than 56.09% on this metric.
3-Year Return on Invested Incremental Capital (3-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 3-year.
L&T Technology Services's 3-Year ROIIC % for the quarter that ended in Mar. 2026 was 1.83%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for L&T Technology Services's 3-Year ROIIC % or its related term are showing as below:
NSE:LTTS's 3-Year ROIIC % is ranked worse than 56.09% of 2621
companies
in the Software industry
Industry Median: 5.35
vs NSE:LTTS: 1.83
Return on Incremental Invested Capital (ROIIC) is an extension of Return on Investment Capital (ROIC). ROIC % tells investors how efficiently that profitability is earned per dollar of company capital. ROIIC narrows the focus even further and shows how profitable each additional unit of capital investment could be. ROIIC % is a more powerful metric than ROIC because it measures how much money the company can generate going forward on future capital investments.
High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
Be Aware
It's important to keep in mind that when tracking ROIIC, the metric is better suited to forecasting the trend of future returns rather than measuring current return on investment.
L&T Technology Services 3-Year ROIIC % Related Terms
L&T Technology Services 3-Year ROIIC % Historical 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.
NSE:LTTS vs IBM, ACN, FISV: 3-Year ROIIC % Comparison
For the Information Technology Services subindustry, L&T Technology Services's 3-Year ROIIC %, along with its competitors' market caps and 3-Year ROIIC % 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 3-Year ROIIC % vs Software Industry
For the Software industry and Technology sector, L&T Technology Services's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where L&T Technology Services's 3-Year ROIIC % falls into.
* 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.
** Annual data of NOPAT and Invested Capital was used to calculate 3-Year ROIIC %.
*** Please be aware that the ROIIC (Return on Invested Capital) calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.
L&T Technology Services (NSE:LTTS) has a 3-Year ROIIC % of 1.83 as of Mar. 2026. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on L&T Technology Services and its competitors. This is 91% below median its historical median of 20.51. According to the industry distribution chart, L&T Technology Services ranks #1470 out of 2621 companies in the Software industry, placing it in the top 56.1%.
Is L&T Technology Services' 3-Year ROIIC % too high?
L&T Technology Services' current 3-Year ROIIC % of 1.83 is 91% below median its 10-year median of 20.51. The Software industry median 3-Year ROIIC % is 5.35. L&T Technology Services' value of 1.83 is 65.8% below this industry median. Based on the distribution chart, L&T Technology Services ranks #1470 out of 2621 companies in the Software industry, which is below the industry midpoint. Overall, L&T Technology Services has a GF Score™ of 97/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does L&T Technology Services' 3-Year ROIIC % compare to IBM and ACN?
According to the Software industry distribution chart, L&T Technology Services ranks #1470 out of 2621 companies for 3-Year ROIIC %. This places L&T Technology Services in the lower half of its industry. The industry median 3-Year ROIIC % is 5.35. L&T Technology Services' value of 1.83 is 65.8% below this benchmark. While the company's 10-year median is 20.51 vs. the industry median of 5.35, L&T Technology Services has consistently been below 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 3-Year ROIIC % for a Software company?
The median 3-Year ROIIC % among Software companies is 5.35, based on 2,621 companies in the industry. Companies in the top quartile (top 25%) have a 3-Year ROIIC % significantly above this median, while those in the bottom quartile fall well below. However, 3-Year ROIIC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. L&T Technology Services's current 3-Year ROIIC % of 1.83 is 65.8% below 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 3-Year ROIIC % mean?
A high 3-Year ROIIC % can signal that a stock is expensive relative to its fundamentals. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on L&T Technology Services and its competitors. For the Software industry, the median 3-Year ROIIC % is 5.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. L&T Technology Services's current 3-Year ROIIC % is 1.83, which is 91% below median its own 10-year median of 20.51. 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 ₹5,452.09, compared to a current price of ₹3,415.30 — trading 37.4% below its estimated fair value. The current 3-Year ROIIC % is 1.83, which is 91% below median its 10-year median of 20.51 and 65.8% below the Software industry median of 5.35. L&T Technology Services' overall GF Score™ is 97/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year ROIIC % calculated?
3-Year ROIIC % is calculated from a company's financial statements. For L&T Technology Services (NSE:LTTS), the current 3-Year ROIIC % is 1.83 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 ₹3,415.30 is trading 37.4% below its estimated GF Value™ of ₹5,452.09.
GuruFocus considers L&T Technology Services to be Significantly Undervalued.
Key valuation signals for NSE:LTTS:
3-Year ROIIC %: 1.83 (91% below median its 10-year median of 20.51)
GF Value™: ₹5,452.09 vs. price of ₹3,415.30 (37.4% below fair value)
Industry Position: 65.8% below the Software median (#1470 of 2621)
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.
97GF Score
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