L&t Technology Services Ltd. · NSE:LTTS
L&t Technology Services — Q2 FY27 Earnings Presentation
14 slides from L&t Technology Services's earnings presentation, Oct 19, 2026
Slide 1: Second Quarter FY27 Results
ENGINEERING THE CHANGE L&T TECHNOLOGY SERVICES LIMITED SECOND QUARTER | FY27 RESULTS Investor Release | Mumbai, India, October 19, 2026
Slide 2: Safe Harbour Statement
SAFE HARBOUR STATEMENT Certain statements in this release concerning our future growth prospects are forward-looking statements, which involve number of risks, and uncertainties that could cause our actual results to differ materially from those in such forward-looking statements. L&T Technology Ser
Slide 3: Financial Highlights
FINANCIAL HIGHLIGHTS REVENUE IN INR • Revenue of ₹30,404 million for the quarter; up 3.4% QoQ and up 12.1% YoY REVENUE IN USD • Revenue of $317.1 million for the quarter; up 2.3% QoQ and up 3.3% YoY; in constant currency up 2.7% QoQ and up 4.8% YoY PROFIT IN INR • EBIT of ₹4,966 million for the quar
Slide 4: Message from the CEO & Managing Director
MESSAGE FROM THE CEO & MANAGING DIRECTOR With our investments in Engineering Intelligence (EI) and diversified portfolio, we are able to address a broader market with our customers resulting in accelerated sequential growth across revenue, profitability, large deals and AI revenue. Revenue grew 2.7%
Slide 5: Performance Highlights: Key Deal Wins
PERFORMANCE HIGHLIGHTS KEY DEAL WINS LTTS closed several multi-million dollar projects from global customers across segments. The major wins are listed below: • As part of a 5-year agreement with a global telecommunications equipment provider, LTTS will deploy its EI capabilities across the product
Slide 6: Financial Performance
FINANCIAL PERFORMANCE INCOME STATEMENT (CONSOLIDATED) Amount in ₹ million Q2 FY26 Q1 FY27 Q2 FY27 QoQ YoY Revenue 27,133 29,401 30,404 3.4% 12.1% Cost of sales 19,039 20,073 20,553 Gross Profit 8,094 9,328 9,851 5.6% 21.7% Selling, General & Administration Expenses 3,350 3,845 3,993 EBITDA 4,744 5,4
Slide 7: Earnings Per Share and Other Income
EARNINGS PER SHARE (INR) Q2FY26 Q1 FY27 Q2 FY27 For Continuing Operations Basic 29.93 33.17 35.78 Diluted 29.88 33.14 35.74 For Continuing and Discontinued Operations Basic 31.02 33.62 51.67^ Diluted 30.97 33.59 51.61^ OTHER INCOME Amount in ₹ million Q2 FY26 Q1 FY27 Q2 FY27 Income from investments,
Slide 8: Balance Sheet and Cash Flow Summary
BALANCE SHEET (CONSOLIDATED) Amount in ₹ million As at 31-MAR-26 As at 30-SEP-26 Assets Property and equipment 8,703 8,557 Intangible Assets and Goodwill 13,917 13,658 Accounts Receivable 23,764 21,052 Unbilled Revenues 4,997 5,931 Investments 18,965 27,347 Cash and Cash equivalents 16,505 14,401 Ot
Slide 9: Operational Performance
OPERATIONAL PERFORMANCE QoQ YoY In Constant Currency Q2 FY26 Q1 FY27 Q2 FY27 Growth Growth QoQ Growth YoY Growth Revenue (USD Mn) 306.9 309.9 317.1 2.3% 3.3% 2.7% 4.8% REVENUE BY SEGMENT Q2 FY26 Q1 FY27 Q2 FY27 QoQ Growth YoY Growth Mobility 31.9% 32.3% 32.3% 2.3% 4.7% Sustainability 34.7% 37.1% 38.
Slide 10: Revenue Mix, Project Type and Client Profile
REVENUE MIX Q2 FY26 Q1 FY27 Q2 FY27 Onsite 47.9% 46.1% 44.1% Offshore 52.1% 53.9% 55.9% REVENUE BY PROJECT TYPE Q2 FY26 Q1 FY27 Q2 FY27 Fixed Price 32.1% 35.1% 35.6% Time and Material Contract 67.9% 64.9% 64.4% CLIENT PROFILE Q2 FY26 Q1 FY27 Q2 FY27 Number of Active Clients 397 423 430 50 Million do
Slide 11: Client Contribution, Employee Statistics, Exchange Rate
CLIENT CONTRIBUTION TO REVENUE Q2 FY26 Q1 FY27 Q2 FY27 Top 5 Clients 16.7% 16.0% 15.7% Top 10 Clients 27.3% 26.8% 26.7% Top 20 Clients 40.3% 40.7% 41.0% Client contribution is based on LTM (Last Twelve Months) revenue EMPLOYEE STATISTICS Q2 FY26 Q1 FY27 Q2 FY27 Total Headcount 23,359 23,845 24,035 B
Slide 12: Industry Recognitions and Other Highlights
INDUSTRY RECOGNITIONS • Won the Gold Award for Industrial Engineering and Automation R&D at the CII Awards for Excellence in R&D 2026 • Recognized as a Leader in Everest Group’s Product Lifecycle Management (PLM) Services PEAK Matrix® Assessment 2026 • LTTS’ PLxAI solution won the nasscom AI Gamecha
Slide 13: Patents and Corporate Social Responsibility
PATENTS At the end of Q2FY27, the patents portfolio of L&T Technology Services stood at 1,808, out of which 1,085 are co-authored with its customers and the rest are filed by LTTS. CORPORATE SOCIAL RESPONSIBILITY As part of its Social Responsibility mandate, LTTS undertook several CSR initiatives th
Slide 14: About L&T Technology Services
ABOUT L&T TECHNOLOGY SERVICES L&T Technology Services (LTTS) is a global leader in Engineering Intelligence Solutions & ER&D Consulting Services. A listed subsidiary of Larsen & Toubro (L&T), we offer design, development, testing, and sustenance services across products and processes. Purposeful. Ag
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