L&t Technology Services Ltd. · NSE:LTTS
L&t Technology Services — Q2 FY2026 Earnings Presentation
26 slides from L&t Technology Services's earnings presentation, October 2025
Slide 1: Investor Presentation
LTTS-Q2FY26- Purposeful. Investor-Presentation Agile. INVESTOR Innovation. PRESENTATION October 2025 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: This is L&T Technology Services
This is L&T Technology Services 200+ Global Clients* 1,601 57 Patents Of Global 100 R&D Spenders as clients 105 85%+ R&D Innovation Labs Repeat Business 23,678 $1.35 Bn Employees Q2FY26 Annualized Revenue LTTS listed on NSE & BSE #1 Pure Play Engg Services^ Rated by Zinnov, ISG & Everest Since 2016
Slide 4: We are an end-end engineering partner for our Clients
We are an end-end engineering partner for our Clients Testing and Manufacturing certification support Inject innovation Improve quality & reliability Design & Product development launch support Optimize cost of development Product Product conceptualization maintenance Accelerate Solutions time-to-ma
Slide 5: Our Playing Field
Our Playing Field ER&D Addressable Market: India as a Destination is Sold Global ER&D Spend $2.5T – $3.3T Global ER&D Spend $1.5T – $1.8T ER&D Sourcing Global ER&D Spend $600B – $770B $577B ER&D Sourcing 17-22% $210B – $280B CAGR ER&D Sourcing 16% $55B India Sourcing Share CAGR $130B – $180B India S
Slide 6: Propelled by the Changing Technology Landscape
Propelled by the Changing Technology Landscape h for Manufacturing Responsi Tec bly Embedded Intelligence in AI enabled Robots Industrial Equipment Te Clean Tech Alternate Fuels ch T ha tA Us Software Defined cc Plant Digital Twin ele Machines s Green Hydrogen ove 6G rat Next Gen Motors Green Facili
Slide 7: Emerging Technologies across LTTS Segments
Emerging Technologies across LTTS Segments Segment Growth Drivers/Themes Cross Segment Themes Automotive SW Defined Mobility ADAS PDLC optimization MOBILITY Trucks & Off-Highway Logistics Automation Asset Utilization Aftermarket Al/ Gen Al Autonomous test Aero & Rail equipment AI for Air Traffic Mgt
Slide 8: Our "Go Deeper to Scale" Strategy…
Our “Go Deeper to Scale” Strategy… www.LTTS.com 8
Slide 9: Drives Our Aspiration…LTTS 3.0
Drives Our Aspiration…LTTS 3.0 Medium Term Outlook Top 5 Global ER&D 01 Services Company Revenue $2 B 02 3 Billion-dollar segments Revenue 03 Technology Partner of Choice $1,259 M Revenue $737 M 04 2500+ Patents Values Driven, Inclusive, 05 Client Centric Organization FY21 FY25 www.LTTS.com 9
Slide 10: How Will We Get There…
How Will We Get There… GROWTH VECTORS 01 02 03 04 05 Create Billion-dollar Enhance Client Nurture Experience to Grow Co-Create Value Invest in Technologies Segments “Engineers at ” Relationships Through Large Deals Ahead of the Curve for Inclusive Growth Offerings in Digital, Standardize on the Clie
Slide 11: 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 11
Slide 12: Our World Class Talent
Our World Class Talent GEA: Building Cross-Domain Engineers at Scale 23,678 GENESIS • Capacity to hire and train 2-3K EMPLOYEES ENGINEERING 3-month training for University graduates plus freshers per year THE CHANGE NOTCH UP • 80% of workforce upskilled or cross- skilled annually Upskilling & cross-
Slide 13: Creating Customer Value Via Crosspoll!nnovation
Creating Customer Value Via Crosspoll!nnovation By bringing transformative ideas from other industries, LTTS’ Innovations helped us reduce lead time to market. 5G TCU Testing from our Hi-Tech Annotation Technology from Segment for a Transportation Transportation being used for Customer Imaging Medic
Slide 14: Powered by Large Deals Engine
Powered by Large Deals Engine Higher Addressable Improve Win Ratio Pipeline and Deal Size Market • Shortening technology cycles • Track record of large deal • 2X growth in pipeline and need for faster speed-to- execution in ER&D • Higher $50M plus deals in the market and optimal cost • End to end ca
Slide 15: #1 Pure-Play Engineering Services Provider for three consecutive years
Has Led Us To Where We Are #1 Pure-Play Engineering Services Provider for three consecutive years ^ Digital Engineering Aerospace Among Top 5 ESPs Among Top 5 ER&D players ADAS Auto Among Top 3 ESPs Among Top 4 in competency Leading Edge Leading Edge Digital Thread Medical in Emerging Among Top 3 ES
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 & Smart Software & Industry Verticals: Medical Semcon Media Telecom World Platforms Microfluidics, Control systems Immersive-reality Cyber Network Tech Trends HPC MEMS & Robotics Technologies security Automatio Medical Tech n Device Digital Silicon Device Engineering Health Engineering
Slide 19: Diversified Customer Base
Diversified Customer Base Top Clients Contribution Scale-up of million dollar clients # 50% % of Revenue (LTM) 47% Customer Revenue FY23* FY24 FY25 Q2 FY26 38% (USD Mn) 40% 30 Million + 1 5 6 7 30% 25% 20 Million + 11 12 11 10 20% 10 Million + 28 35 32 34 10% 5 Million+ 57 58 59 63 0% Top 10 Top 20
Slide 20: Performance Highlights
Performance Highlights FY21 FY22 FY23* FY24 FY25 Parameters Q1 FY26 Q2 FY26 737 880 1,089 1,164 1,259 Revenue from Operations (USD mn) 335.3 337.1 54,497 65,697 88,155 96,473 106,701 Revenue from Operations (INR mn) 28,660 29,795 14.5% 18.3% 17.3% 17.1% 14.9% EBIT Margin 13.3% 13.4% 6,633 9,570 12,1
Slide 21: Financial Performance – Q2 FY26
Financial Performance – Q2 FY26 Amount in ₹ million Income Statement Q2 FY25 Q1 FY26 Q2 FY26 QoQ YoY Revenue 25,729 28,660 29,795 4.0% 15.8% Cost of sales 18,192 20,625 21,462 Gross Profit 7,537 8,035 8,333 3.7% 10.6% Selling, General & Administration Expenses 2,877 3,411 3,425 EBITDA 4,660 4,624 4,
Slide 22: Balance Sheet and Cash Flow Summary
Financial Performance – Q1 FY26 Amount in ₹ million Amount in ₹ million Balance Sheet FY25 Q2 FY26 Cash Flow Summary FY25 Q2 FY26 Assets Net cash provided by operating 14,811 4,809 Property and equipment 9,063 9,362 activities Intangible Assets and Goodwill 13,667 13,673 Capex 1,018 643 Accounts Rec
Slide 23: Driving Robust Cybersecurity: Next-Gen IT-OT Convergence
Driving Robust Cybersecurity: Next-Gen IT-OT Convergence THE CHALLENGE The client, a $6.5B+ mobility conglomerate, sought comprehensive, end-to-end cybersecurity solution that could address the diverse IT and OT security requirements of a large manufacturing conglomerate, while also future-proofing
Slide 24: Redefining Complaints Handling: AI-enabled, Automated, Streamlined
Redefining Complaints Handling: AI-enabled, Automated, Streamlined THE CHALLENGE The client, a $18B+ MedTech giant, sought an AI-powered unified dashboard to streamline and efficiently manage extensive complaint data. WHAT WE ENABLED Developed a customized AI-powered compliant handling solution, pow
Slide 25: Reimagining Wind Energy Solutions: 3D Digital Twin Models
Reimagining Wind Energy Solutions: 3D Digital Twin Models THE CHALLENGE The client, a leading global company delivering sustainable, wind energy solutions, wanted to strengthen their turbine performance, leveraging 3D Digital Twin models. This was applicable across the product lifecycle - from desig
Slide 26: Global Locations and Contact
Edison, New Jersey USA HQ London, United Kingdom Toronto, Canada Europe HQ Engineering Design Center Gothenburg, Sweden Rockford, Illinois Digital Engineering Center Aerospace & Defense Engineering Germany Design Center • Munich FMCG Industries • Augsburg Automotive CoE Krakow, Poland Santa Clara, C
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