L&T Technology Services Ltd

L&T Tech Services FY26: $855M Deal Wins 📈 | 8.3% Revenue Growth | Margins Expand

- Q4 FY26 revenue: $306M (0.3% YoY growth, 1.7% sequential decline)

- EBIT margins improved 40 basis points sequentially to 15.2%

- FY26 total revenue from continuing operations: $1,233M (8.3% YoY growth)

- Large deal wins for FY26: $855M (40% increase YoY)

- Q4 large deal wins: $182M

- Over 40% of Q4 deal wins in Mobility segment

- Sustainability segment grew 11% YoY in Q4

- Over 50% of large deal wins in Sustainability segment

- Tech segment margins improved 210 basis points sequentially to 12.6%

- Lakshya 31-Plan targets 13%-15% CAGR over next 5 years

- Target EBIT margins: 16%-17%

- Patent filings surpassed 1,700 in FY26 (237 focused on AI/Generative AI)

- DSO reduced to 83 days in Q4 from 93 days in Q3

- Headcount increased by 522 to 23,830 employees

- Final dividend: ₹40 per share (total FY26 dividend: ₹58 per share)