L&t Technology Services Ltd. · NSE:LTTS
L&t Technology Services — Q4 FY26 Earnings Presentation
31 slides from L&t Technology Services's earnings presentation, April 2026
Slide 1: Investor Presentation
Purposeful. Agile. INVESTOR Innovation. PRESENTATION April 2026 www.LTTS.com www.LTTS.com 1
Slide 2: Disclaimer
Disclaimer This presentation is issued by L&T Technology Services Limited (the “Company”) for general information purposes only, without regard to specific objectives, suitability, financial situations and needs of any particular person. This presentation does not constitute or form part of any offe
Slide 3: Top 3 Global Pure-play AI, Digital and ER&D Consulting Services Company
Top 3 Global Pure-play AI, Digital and ER&D Consulting Services Company 23,800+ 190+ 25+ 1,706 Employees Global Clients Countries Patents with revenue over $1M 22 270+ 98 57 Global Design Accelerators & R&D Innovation Of Global 100 R&D Centers Solutions Labs Spenders as clients *Data as of Q4 FY26 M
Slide 4: Trusted Digital Engineering & Technology Partner – Chip to Cloud
Trusted Digital Engineering & Technology Partner – Chip to Cloud Strength by Industry Vertical 6 7 of the Top 10 of the Top 10 Chips Digital Products & Processes Platforms Global Automotive Trucks and Off- Mobility majors Highway Digital Industrial Products Embedded Complex SoC Product & System IT/O
Slide 5: What Sets us Apart
What Sets us Apart Our Key Differentiators Engineering Multi State-of-art Translating Marquee DNA Domain Research Innovation to Customer Expertise & Test Labs Engineering Base www.LTTS.com www.LTTS.com 5
Slide 6: “Go Deeper to Scale” Strategy
“Go Deeper to Scale” Strategy… www.LTTS.com www.LTTS.com 6
Slide 7: Creating Customer Value via Cross-Pollination
Creating Customer Value via Cross-Pollination By bringing transformative ideas from other industries, LTTS’ Innovations helped us reduce lead time to market. 5G TCU Testing from our Battery operated Annotation Technology Hi-Tech Segment for a Transportation Autonomous Welding Robot from from Transpo
Slide 8: Fueling Innovation with Culture of Patents
Fueling Innovation with Culture of Patents World’s 1st motion activated Patented multi-voltage booster Portable vibration analyzer screwdriver – patented latch mechanism technology for welding power source 3 patents, winner of golden product award 1,706 PATENTS 235+ PATENTS IN AI TrackEi - Patented
Slide 9: Nurturing every “Engineer at Heart” for Inclusive Growth
Nurturing every “Engineer at Heart ” for Inclusive Growth Grooming Young Talent-on-Tap Proliferating a Culture of Innovation and providing a GEA: Building Cross-Domain Technocrats for Tomorrow Recruitment Engine Tech-track for Growth Engineers at Scale Innovative Recruitment Model • AI enabled Hirin
Slide 10: Leading across Emerging Technology Areas & Verticals
Leading across Emerging Technology Areas & Verticals Top 3 Digital Leading Edge in Emerging Tech Areas Engineering ADAS Digital Thread IoT AI Engineering Global Pure-play AI, Digital and ER&D Among Among Among Among Among Consulting Services Top 5 ESPs Top 3 ESPs Top 3 ESPs Top 4 ESPs Top 5 ESPs Com
Slide 11: Our Playing Field
Our Playing Field ER&D Outsourcing Market Trends Global ER&D Spend $2.5T – $3.3T Global ER&D Spend $1.5T – $1.8T ER&D Sourcing Global ER&D Spend $750B – $800B $577B ER&D Sourcing ER&D Sourcing $210B – $280B $55B India India India 17-22% Sourcing Share Sourcing Sourcing $130B – $180B 16% CAGR $11.4B
Slide 12: Journey to FY31
Journey to FY31 What We Believe In, How We Lead #1 Player in Areas Where We Play Pivot on Growth | Move From Better to Best VISION Engineering a sustainable tomorrow through Engineering Intelligence (EI) technology and innovation MISSION Be the engineering partner of choice by enabling innovation wi
Slide 13: Emerging Technologies across LTTS Segments
Emerging Technologies across LTTS Segments Segment Growth Drivers/Themes Cross Segment Themes Automotive SDV, AD-ADAS Vehicle Engineering AI PDLC optimization MOBILITY Engineering SDM & Autonomy, Localization- India Manufacturing & Trucks & Off-Highway Intelligence (EI) HW Ready Solution for Global
Slide 14: Our Six Big Bets
Our Six Big Bets Software Platforms Energy & Industrial Automation, Next Gen Compute & & EI Digital Manufacturing AI Infra Plant Build Out & Software-Defined MedTech Modernization Mobility Where we Invest, Innovate and Differentiate www.LTTS.com www.LTTS.com 14
Slide 15: LTTS Engineering Intelligence (EI) Platform
235+ LTTS Engineering Intelligence (EI) Platform AI Patents filed Gen AI Agentic AI Physical AI Project Lightspeed AgenticIQ is a Platform designed for AI-enabled TrackEi HumanNoids AiTest autonomous workflows for engineering and AI enabled Test manufacturing customer processes Integrated AI-Powered
Slide 16: Mobility
Mobility Industry Verticals: Auto Off-Highway Aero Electrification & AV & Connected Software & AI for Planning & Tech Trends Cyber Security Decision Making xEV Mobility Connectivity Software Defined Vehicle (SDV) Hybrids & Electrification Vehicle Engineering Body Powertrain Avionics Onboard Offboard
Slide 17: Sustainability
Sustainability Industrial Machinery & Electric, Power & Industry Verticals: Building Tech. Utilities FMCG Oil & Gas NPD & Product Robotics & Grid Process & Carbon Capture & Tech Trends Electrification Sustenance Automation Digitalization Circular Economy Plant Twins Process Industrial Projects E
Slide 18: Tech
Tech Consumer & Software & Industry Verticals: Medical Semcon Media Telecom Platforms Microfluidics, Control systems Immersive-reality Cyber Network Tech Trends HPC MEMS & Robotics Technologies security Automation Medical Tech Device Digital Silicon Device Engineering Health Engineering Engineering
Slide 19: Diversified Business Mix
Diversified Business Mix By Vertical Onsite vs. Offshore Split 32% Mobility 36% Onsite 54% 46% Tech Offshore Sustainability 32% By Geography Fixed Price vs. T&M 8% North America 13% 34% Europe Fixed Price 18% 61% 66% T&M India Rest of the world All Figures Based on Q4FY26 www.LTTS.com (Continuing Op
Slide 20: Diversified Customer Base
Diversified Customer Base Top Clients Contribution Scale-up of million-dollar clients 60% % of Revenue (LTM) # FY23* FY24 FY25^ FY26 $50 M + 49% - - - 1 50% $30 M + 41% 1 5 6 7 40% $20 M + 11 12 10 12 30% 27% $10 M + 28 35 30 28 20% $5 M + 57 58 56 60 10% $1 M + 178 180 183 192 0% *Effective April 1
Slide 21: Large Deals Engine
Large Deals Engine Higher Addressable Improve Win Ratio Pipeline and Deal Size Market • Shortening technology cycles • Track record of large deal • FY26: Total large deal wins at and need for faster speed-to- execution in ER&D $855 Mn, up 40% over the market and optimal cost previous year • End to e
Slide 22: Performance Highlights
Performance Highlights FY21 FY22 FY23* FY24 FY25^ Parameters FY26 737 880 1,089 1,164 1,138 Revenue from Operations (USD mn) 1,233 54,497 65,697 88,155 96,473 96,422 Revenue from Operations (INR mn) 1,09,959 14.5% 18.3% 17.3% 17.1% 15.4% EBIT Margin 14.5% 6,633 9,570 12,121 13,037 11,932 Net Income
Slide 23: Financial Performance for Continuing Operations – Q4 FY26
Financial Performance for Continuing Operations* – Q4 FY26 Amount in ₹ million Income Statement Q4 FY25 Q3 FY26 Q4 FY26 QoQ YoY FY25 FY26 YoY Revenue 26,378 27,872 28,579 2.5% 8.3% 96,422 1,09,959 14.0% Cost of sales 18,605 19,315 19,384 66,973 76,413 Gross Profit 7,773 8,556 9,195 7.5% 18.3% 29,449
Slide 24: Financial Performance – Q4 FY26
Financial Performance – Q4 FY26 Amount in ₹ million Amount in ₹ million Balance Sheet As at 31-MAR-25 As at 31-MAR-26 Cash Flow Summary FY25 FY26 Assets Net cash provided by operating Property and equipment 9,063 8,703 14,811 14,551 activities Intangible Assets and Goodwill 13,667 13,917 Less: Capex
Slide 25: Creating Shareholder Value
Creating Shareholder Value Free Cash Flow (₹ Cr.) Cash Position* (as a % of Net income) 3,555 2,974 2,888 2,981 109% 100% 2,178 89% 94% 96% FY22 FY23 FY24 FY25 FY26 FY22 FY23 FY24 FY25 FY26 * Investments + Cash equivalents (₹/share ) Dividend Per Share 48% 46% 41% 41% 55 58 50 39% 45 35 xx% Annual D
Slide 26: Innovation: Labs & Case Studies
Innovation: Labs & Case Studies www.LTTS.com www.LTTS.com 26
Slide 27: Innovation Labs
98 INNOVATION LABS Electric Vehicle Lab FactoryNext TM Lab 5G Lab Supporting focused investment areas Our lab features cutting-edge Enables solutions that empower global Focused on for 5G development, equipment for testing EV components manufacturers and OEMs to accelerate NFV Benchmarking, Validati
Slide 28: Enabling Autonomous Drive: High-Accuracy Data Labeling
Enabling Autonomous Drive: High-Accuracy Data Labeling THE CHALLENGE The ability to correctly identify environmental objects and take corrective actions is a key function of an autonomous vehicle. Data annotation helps an autonomous vehicle with just that. Our customer was developing an autonomous v
Slide 29: Next Gen Ultrasound System
Next Gen Ultrasound System THE CHALLENGE The goal of this project was to design and develop advanced ultrasound probe port selector switching boards, including configurations for one-to-four, one-to-three, and one-to-one port selectors. The project demanded precision in hardware design, schematics,
Slide 30: Harnessing predictive maintenance: Saved Millions with AI & Analytics
Harnessing predictive maintenance: Saved Millions with AI & Analytics THE CHALLENGE The client, a leading global petrochemical major, sought predicting & minimizing equipment malfunctions. Their legacy setup, however, could not proactively address asset breakdowns or plant shutdowns with an appropri
Slide 31: Global Locations and Contact
Toronto, Canada Gothenburg, Sweden Engineering R&D Center Digital Engineering Center Munich & Augsburg, Germany Peoria & Rockford, Illinois Design & Delivery Center Digital Manufacturing Center Santa Clara, California London, United Kingdom ASIC & System Design House Design & Delivery Center Utsunom
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