Case study

LTTS

L&T Technology Services Limited

Worth a closer look1y model +7.5%

Each stock's 10,000-path forecast, rendered as light.

58Score

L&T Technology Services Limited (LTTS) Stock Analysis & Case Study

Is LTTS a good buy? The data-driven verdict.

L&T Technology Services Limited (LTTS) trades at ₹3,599,on the numbers it worth a closer look, a Downstox Snapshot Score of 58/100.

On the numbers, L&T Technology Services Limited (LTTS) worth a closer look, a Downstox Snapshot Score of 58/100, weighing premium at 28.4× earnings, ROE of 21.5%, a 58% model probability of trading higher in a year. Below: the full bull case, bear case, sector-relative valuation, and a probability-weighted price target for 2027-2031.

Last updated . Data snapshot for research, not investment advice.

LTTS fundamentals at a glance, PE, PB, ROE, ROCE, market cap, dividend yield

Market cap
₹38,174 Cr
Current price
₹3,599
P/E ratio
28.4×
P/B ratio
5.89×
Book value
₹611
Dividend yield
1.61%
ROCE
26.7%
ROE
21.5%
Piotroski F-Score
6/8

How LTTS ranks against the 2,373 companies in our screener

Is LTTS overvalued? LTTS P/E vs peers

LTTS trades at 28.4× earnings. We don't have a verified sector peer group for this stock yet, so no sector peer median or peer comparison table is shown here. Showing one anyway would compare it against an arbitrary set of large-cap names, not real sector peers.

LTTS share price target 2027, 2028, 2029, 2030, 2031, a probability view

Unlike a single guessed number, this is a probability-weighted range from a 10,000-path Monte-Carlo simulation on 9.7y of LTTS history (15%/yr drift, 34%/yr volatility).

YearLow (P10)Median target (P50)High (P90)Upside vs today
LTTS 2027₹2,490₹3,868₹6,010+7%
LTTS 2028₹2,265₹4,158₹7,635+16%
LTTS 2029₹2,130₹4,470₹9,380+24%
LTTS 2030₹2,024₹4,805₹11,405+34%
LTTS 2031₹1,997₹5,165₹13,362+44%

Median (P50) is the central estimate; the P10-P90 band is the 80% confidence range. Probabilities, not promises.

What is the probability LTTS goes up, or doubles?

58%
Higher in 1 year
Modelled chance the price is above today in 12 months
69%
Higher in 5 years
Modelled chance the price is above today in 5 years
32%
Doubles in 5 years
Modelled chance of reaching ₹7,197 within 5 years

The bull case for LTTS

  • LTTS's return on equity of 21.5% ranks in the 86th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
  • LTTS's return on capital employed of 26.7% ranks in the 89th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
  • Upside scenario: the model's optimistic (P90) 3-year path reaches ₹9,380.

The bear case & risks

  • LTTS's P/E of 28.4x is lower than 48% of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
  • Downside scenario: the model's pessimistic (P10) 3-year path falls to ₹2,130.

LTTS volatility & expected range, how bumpy is the ride?

Over the last 9.7 years LTTS compounded at 15%/year with annualized volatility of 34%. That volatility implies a 1-year 80% range of ₹2,490-₹6,010, the honest backbone behind any single price target.

LTTS price forecast, the full 60-month probability fan

Spot Price · Today
₹0
Based on 9.7 years of daily NSE data ·0.0% annualised volatility
5-yr median forecast
₹0
P(price ↑ in 5y)
0%
1-Year Forecast
2027
₹0
Median (P50)
7.5%
80% range₹2,490-₹6,010
P(price ↑)58%
P(price 2×)3%
3-Year Forecast
2029
₹0
Median (P50)
24.2%
80% range₹2,130-₹9,380
P(price ↑)65%
P(price 2×)20%
5-Year Forecast
2031
₹0
Median (P50)
43.5%
80% range₹1,997-₹13,362
P(price ↑)69%
P(price 2×)32%

LTTS price probability fan

Each band shows where 10,000 simulated paths land. The wider the fan, the more uncertainty.

Probability Fan
LTTS simulated paths · 60 months · 10,000 trials
P10-P90 (80%)P25-P75 (50%)Median (P50)

Probability of key outcomes

What are the odds LTTS hits common targets within the simulated horizon?

0%
P(↑ 1Y)
Above today's price in 1 year
0%
P(↑ 5Y)
Above today's price in 5 years
0%
P(2×)
Doubles within 5 years
0%
P(↓)
Falls below today in 5 years

Full multi-horizon detail on the LTTS price target & forecast page.

LTTS Piotroski F-Score: 6/8, how financially strong is it?

6/8

The Piotroski F-Score grades financial strength on profitability, leverage and efficiency checks. Downstox scores the eight checks it can verify from published filings, so 8 is full marks. LTTS scores 6/8, mixed financial health.

LTTS MTF margin & leverage across 10 brokers

Margin Trading Facility lets you buy LTTS with part of the capital. Lower margin % = higher leverage. Rates compared across 10 brokers (no competitor publishes this):

BrokerMargin requiredApprox. leverage
Upstox31.82%3.1×
Zerodha31.80%3.1×
Groww31.92%3.1×
DhanCHEAPEST31.80%3.1×
Kotak Neo31.85%3.1×
Paytm Money31.88%3.1×
Pocketful32.18%3.1×
Anand Rathi31.80%3.1×
Bajaj Broking32.00%3.1×
Share India31.88%3.1×

Compare every broker on the LTTS MTF page.

About L&T Technology Services Limited: sector, index & market-cap context

L&T Technology Services Limited (LTTS) is a mid-cap NSE-listed company, and a constituent of the Nifty 500 index, with a market capitalisation of ₹38,174 Cr. See more stocks on our screener.

How the LTTS Snapshot Score & forecast are built

The Downstox Snapshot Score is a transparent, rules-based read of L&T Technology Services Limited's public fundamentals plus a statistical forecast, not an analyst opinion. It rewards low-to-fair valuation, high ROE/ROCE, a strong Piotroski F-Score, a dividend, low volatility and a favourable probability of upside; it penalises rich valuations, weak capital efficiency, a low F-Score and high volatility. The price target is a 10,000-path Monte-Carlo simulation on real historical volatility, a distribution, not a single guess. The bull and bear cases are generated from the same data, so you always see both sides.

This is information, not investment advice. Do your own due diligence and consult a SEBI-registered adviser before investing.

LTTS analysis, FAQs

Is L&T Technology Services Limited (LTTS) a good buy?

On the numbers, L&T Technology Services Limited (LTTS) worth a closer look, a Downstox Snapshot Score of 58/100, weighing premium at 28.4× earnings, ROE of 21.5%, a 58% model probability of trading higher in a year. This is a data snapshot for research, not investment advice.

Is LTTS overvalued or undervalued?

LTTS trades at 28.4× earnings, premium versus the ~22× long-run Nifty average.

What is the LTTS share price target for 2031?

LTTS's probability-weighted 2031 median target is ₹5,165, with an 80% range of ₹1,997-₹13,362 (10,000-path Monte-Carlo).

What is the probability LTTS doubles in 5 years?

The modelled probability of LTTS reaching ₹7,197 (2×) within 5 years is 32%.

What is the bull case for LTTS?

LTTS's return on equity of 21.5% ranks in the 86th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026. LTTS's return on capital employed of 26.7% ranks in the 89th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.

What are the risks in LTTS?

LTTS's P/E of 28.4x is lower than 48% of the 2,373 NSE companies in our screener, as of 9 Aug 2026.

More on LTTS