L&T Technology Services (
#LTTS): Q4 & FY26 Financial Highlights 🏗️
🔸LTTS reported a robust 14% YoY revenue growth for FY26, reaching ₹1,09,959 million ($1,233 million USD).
🔸The company's full-year net income climbed to ₹12,818 million, representing a 7.4% year-on-year increase.
🔸Q4 FY26 revenue stood at ₹28,579 million, growing 8.3% YoY and 2.5% sequentially.
🔸Quarterly net income saw a significant jump of 23.6% YoY to ₹3,467 million, driven by operational efficiencies.
🔸The EBIT margin for Q4 improved to 15.2%, supported by the strategic divestment of the lower-margin SWC business.
🔸LTTS achieved record large deal momentum, with FY26 TCV bookings crossing $850 million, up 40% YoY.
🔸The company has now delivered ~$200 million in TCV bookings for six consecutive quarters.
🔸A final dividend of ₹40 per share has been recommended by the Board, reflecting a 48% payout ratio.
🔸The "Lakshya 31-Plan" sets an ambitious five-year target of 13–15% CAGR with EBIT margins of 16–17%.
🔸The Mobility segment has stabilized and is now positioned for growth alongside a rapidly scaling Sustainability segment.
🔸LTTS is doubling down on "Engineering Intelligence" (EI), integrating AI across its high-value digital solutions.
🔸The company’s innovation pipeline remains strong with over 1,700 patents, including 235 specifically in AI.
🔸Key Q4 wins include a digital transformation partnership with a global automotive OEM and an Oil & Gas major.
🔸Strategic recalibration through divestment aims to focus resources on core high-growth technology bets.
🔸Management remains confident in long-term growth driven by secular trends in software-defined vehicles and green energy.
🔸Headcount and talent development continue to focus on high-end engineering skills to support the $1.5B revenue target.
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