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L&T Technology Services - About the company

L&T Technology Services is a public company based in Vadodara (India), founded in 2012. It operates as a Provider of software & AI development, cloud, cyber security, and engineering consulting services. The company has 159094 active competitors, including 1033 funded and 8234 that have exited. Its top competitors include companies like IBM, UST and Virtusa.

Company Details

Provider of software & AI development, cloud, cyber security, and engineering consulting services. Its mobility segment encompasses automotive, trucks and off-highway vehicles, and aerospace, and rail. It offers manufacturing, plant & mechanical engineering services.
Social
XFacebook
Email ID
*****@ltts.com
Phone Number
+91 **********
Part Of
Registered Address
RMZ One Paramount, Campus 10, 3rd Floor A1 wing and Ground Floor, No. 110, Mount Poonamallee High Road, Porur, Chennai, Tamil Nadu, 600116, Porur, Kanchipuram, Sriperumbudur, Tamil Nadu, India, 600116
Key Metrics
Founded Year
2012
Location
Vadodara, India
Stage
Public
Ranked
Annual Revenue
₹1,000+ Cr as on Mar 31, 2026
Employee Count
16,793 as on Mar 31, 2026
Investment & Acquisitions
Similar Companies
Exit Details
Public

L&T Technology Services's IPO details

L&T Technology Services got listed on Sep 23, 2016.
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L&T Technology Services's funding and investors

L&T Technology Services has not raised any funding rounds yet.

L&T Technology Services' founders and board of directors

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L&T Technology Services' Board of Directors

L&T Technology Services's board has 11 active members. Sekharipuram Narayanan Subrahmanyan, Rajeev Gupta, Amit Chadha, Alind Saxena and Keshab Panda are part of team and Aruna Sundararajan, Luis Miranda, Chandrasekaran Ramakrishnan, Apurva Purohit, Sumithra Gomatam and Amitabh Kant are independent board members.
Here is the list of L&T Technology Services' board of directors:
Name
Type
Representing
Status
Duration
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Team
-
Current
3y 2m
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Team
-
Current
7y 7m
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Team
-
Current
3y 4m
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Team
-
Current
9y 3m
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Team
-
Current
4y 9m
Independent board member
-
Current
3y 6m
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Independent board member
-
Current
3y 1m
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Independent board member
-
Current
5y 5m
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Independent board member
-
Current
3y 4m
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Independent board member
-
Current
5y 6m
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Independent board member
-
Current
7y 3m

L&T Technology Services' employee count trend

L&T Technology Services has 16,793 employees as of Mar 26. Here is L&T Technology Services's employee count trend over the years:
Employee count trend for L&T Technology Services
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L&T Technology Services's Competitors and alternates

Top competitors of L&T Technology Services include IBM, UST and Virtusa. Here is the list of Top 10 competitors of L&T Technology Services, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for IBM
IBM
1911, Armonk (United States), Public
Provider of hybrid cloud, artificial intelligence, and IT consulting services
-
78/100
2nd
Logo for UST
UST
1998, Aliso Viejo (United States), Late Stage
Provider of data analytics, cloud modernization, management strategy, and digital transformation services
$250M
76/100
3rd
Logo for Virtusa
Virtusa
1996, Westborough (United States), Acquired
IT services company
$45.2M
76/100
4th
Logo for Infosys
Infosys
1981, Bengaluru (India), Public
Provider of consulting, data analytics, and IT services
-
74/100
5th
Logo for Sutherland
Sutherland
1986, Pittsford (United States), Late Stage
Provider of business process and technology management services
$60M
74/100
6th
Logo for Endava
Endava
2000, London (United Kingdom), Public
Provider of digital transformation services using artificial intelligence and automation
-
74/100
7th
Logo for Datamatics
Datamatics
1975, Mumbai (India), Public
Provider of digital technologies, business process management, analytics, and automation services
$3M
74/100
8th
Logo for Mindtree
Mindtree
1999, Bengaluru (India), Acquired
Consulting and implementations company
$23.9M
73/100
9th
Logo for Happiest Minds Technologies
Happiest Minds Technologies
2011, Bengaluru (India), Public
Provider of IT suite services
$64.5M
73/100
10th
Logo for Accenture
Accenture
1989, Dublin (Ireland), Public
Provider of IT consulting, technology, and outsourcing services
-
73/100
218th
Logo for L&T Technology Services
L&T Technology Services
2012, Vadodara (India), Public
Provider of software & AI development, cloud, cyber security, and engineering consulting services
-
-
56/100
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Financials of L&T Technology ServicesFY 26 Available

L&T TECHNOLOGY SERVICES LIMITED, the legal entity associated with L&T Technology Services, generated more than ₹1,000 Cr in revenue for the financial year ending on Mar 31, 2026. The revenue of L&T TECHNOLOGY SERVICES LIMITED has a compounded annual growth rate (CAGR) of 14% in the last 1 year.

Financial Statement Summary

Metrics
FY 2025-26
FY 2024-25
FY 2023-24
FY 2022-23
FY 2021-22
Income Statement
Revenue
6101
7350
7819
1603
4885
Total Sales
1932
2355
5256
6160
8538
Total Expenses
7060
8391
7716
7394
6917
Operating Expenses
3695
2445
2317
2925
3725
Employee Expenses
9223
2822
8471
2141
4649
Marketing Expenses
5338
2263
1774
2936
7441
Operating Income (EBIT)
8887
1579
5668
1058
6337
Interest Expenses
3573
9401
1726
8999
6208
Expenses from other activities
8624
3945
6975
7838
6225
Information Technology Expenses
2917
8577
3300
6413
5933
EBITDA
2867
4910
2405
3472
9447
Taxes
7848
8622
5189
4763
7328
Net Profit
5911
2662
8740
1179
5322
Balance Sheet
Assets
5500
4096
2654
8885
7930
Cash Equivalent
2965
1426
4169
4809
4316
Accounts Receivables
8272
2903
5515
7142
8470
Inventory
7517
1777
7741
5594
6501
Liabilities
2097
3756
7807
5405
2522
Total Debt
8909
3698
8391
6783
3935
Accounts Payable
2047
3833
6934
3714
8056
Equities
6185
8803
3965
5391
9507
Cashflow Statement
Cash from Operating activities
5278
4538
5381
9544
2359
Cash from Investing activities
3565
1214
3842
7820
4075
Net cash from Financing activities
9786
3153
3021
7077
4309

Detailed Financials (Income Statement, Balance Sheet, Cashflow Statement)

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L&T Technology Services's Investments and acquisitions

L&T Technology Services has made 1 investments in companies including Avishkar Hyperloop. L&T Technology Services has also acquired 4 companies including Intelliswift and Orchestra Technology.
Here is the list of investments & acquisitions:lockFilter this list
Date of Investment/Acquisition
Type
Company Name
Founded Year
Location
Nov 11, 2024
Acquisition
2001
Newark (United States)
May 12, 2022
Investments
2017
Chennai (India)
Jul 16, 2020
Acquisition
2011
Richardson (United States)
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Reports related to L&T Technology Services

Here is the latest report on L&T Technology Services's geography:

News related to L&T Technology Services

lockFilter this list
Media has covered L&T Technology Services for a total of 47 events in the last 1 year, 27 of them have been about company updates and 9 about partnerships.
•
L&T Technology Services partners with Nokia for 5-year R&D deal in IndiaElectronicsforyou•Oct 27, 2026•L&T Technology Services, Nokia
•
Nokia, MEO extend AI-powered network partnershipMobile Europe•Oct 14, 2026•Meo, Nokia, Super Micro, L&T Technology Services
•
LTTS targets 80% revenue from six focus areas in five years, leveraging AIBusiness Line•Oct 12, 2026•L&T Technology Services
•
L&T Technology Services Partners with Cognite to Advance Industrial AI SolutionsWorld Business Outlook•Sep 25, 2026•Cognite, L&T Technology Services
•
L&T Technology Services bags $75-million deal from global technology majorBusiness Line•Aug 19, 2026•L&T Technology Services
•
•
India's L&T Technology launches AgenticIQ for enterprisesTech in Asia•Aug 11, 2026•L&T Technology Services
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FAQs about L&T Technology Services

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