L&T Technology Services Share Price Target 2024, 2025, 2026 To 2030

Established in 2012, LTTS (L&T Technology Services) has emerged as a prominent engineering services provider, specializing in Engineering, Research and Development (ER&D), and digitalization solutions. With a diverse portfolio spanning Transportation, Industrial Products, Telecom and Hi-Tech, Medical Devices, and Plant Engineering, LTTS caters to a vast clientele, boasting 69 Fortune 500 companies and 53 of the world’s leading ER&D firms.

Additionally, the company offers digital engineering advisory services, showcasing its commitment to cutting-edge innovation. Having gone public on September 23, 2016, LTTS now serves 296 global clients across 25+ countries.

In this article, we delve into a comprehensive exploration of LTTS and its pivotal role in shaping industries worldwide.

How to Purchase L&T Technology shares?

Below are the trading platforms that you can use to purchase L&T Technology shares:

➤ Zerodha

➤ Upstox

➤ Groww

➤ AngelOne

➤ ICICIDirect

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L&T Technology Share Price Prediction: 2024 to 2030

L&T Technology Share Price Target 2024

When Maximum Price Minimum Price
May 2024 4,811.40 4,183.83
June 2024 4,984.61 4,334.44
July 2024 4,934.76 4,291.10
August 2024 5,132.15 4,462.74
September 2024 5,337.44 4,641.25
October 2024 5,232.79 4,550.25
November 2024 5,389.77 4,686.76
December 2024 5,524.51 4,803.92

L&T Technology Services’ share price in 2024 shows potential growth, with projected targets ranging from ₹4,183.83 to ₹5,524.51 by December. With a Market Cap of ₹47,110 Cr. and a current price of ₹4,455 (as of May 15), its P/E is 37.4.

L&T Technology Share Price Prediction 2025

When Maximum Price Minimum Price
January 2025 5,635.00 4,334.62
February 2025 5,779.49 4,445.76
March 2025 6,004.89 4,619.15
April 2025 5,887.15 4,528.58
May 2025 5,715.68 4,396.68
June 2025 5,972.88 4,594.53
July 2025 5,855.77 4,504.44
August 2025 6,036.87 4,643.75
September 2025 6,248.16 4,806.28
October 2025 6,410.62 4,931.24
November 2025 6,570.88 5,054.52
December 2025 6,735.15 5,180.89

L&T Technology Share Price Target 2026

When Maximum Price Minimum Price
January 2026 6,937.21 5,336.31
February 2026 7,115.09 5,473.14
March 2026 7,392.57 5,686.60
April 2026 7,247.62 5,575.09
May 2026 7,036.53 5,412.71
June 2026 7,353.17 5,656.28
July 2026 7,208.99 5,545.38
August 2026 7,431.95 5,716.88
September 2026 7,692.07 5,916.97
October 2026 7,892.06 6,070.82
November 2026 8,089.36 6,222.59
December 2026 8,291.60 6,378.15

L&T Technology Share Price Target 2027

When Maximum Price Minimum Price
January 2027 8,457.43 6,505.71
February 2027 8,674.28 6,672.53
March 2027 9,012.58 6,932.76
April 2027 8,835.86 6,796.82
May 2027 8,578.51 6,598.85
June 2027 8,964.54 6,895.80
July 2027 8,788.77 6,760.59
August 2027 9,060.58 6,969.68
September 2027 9,377.71 7,213.62
October 2027 9,621.53 7,401.17
November 2027 9,862.06 7,586.20
December 2027 10,108.62 7,775.86

L&T Technology Share Price Target 2028

When Maximum Price Minimum Price
January 2028 10,310.79 7,931.37
February 2028 10,575.17 8,134.74
March 2028 10,987.60 8,452.00
April 2028 10,772.16 8,286.27
May 2028 10,458.40 8,044.93
June 2028 10,929.03 8,406.95
July 2028 10,714.74 8,242.10
August 2028 11,046.12 8,497.02
September 2028 11,432.73 8,794.41
October 2028 11,729.99 9,023.07
November 2028 12,023.23 9,248.64
December 2028 12,323.82 9,479.86

L&T Technology Share Price Prediction 2029

When Maximum Price Minimum Price
January 2029 12,570.29 9,669.46
February 2029 12,892.61 9,917.39
March 2029 13,395.42 10,304.17
April 2029 13,132.76 10,102.13
May 2029 12,750.26 9,807.89
June 2029 13,324.02 10,249.24
July 2029 13,062.76 10,048.28
August 2029 13,466.77 10,359.05
September 2029 13,938.10 10,721.62
October 2029 14,300.49 11,000.38
November 2029 14,658.00 11,275.39
December 2029 15,024.46 11,557.27

L&T Technology Share Price Target 2030

When Maximum Price Minimum Price
January 2030 15,324.94 11,788.42
February 2030 15,717.89 12,090.69
March 2030 16,330.89 12,562.22
April 2030 16,010.68 12,315.90
May 2030 15,544.35 11,957.19
June 2030 16,243.84 12,495.26
July 2030 15,925.33 12,250.26
August 2030 16,417.87 12,629.13
September 2030 16,992.50 13,071.15
October 2030 17,434.30 13,411.00
November 2030 17,870.16 13,746.28
December 2030 18,316.91 14,089.93

Financial Condition of L&T Technology: Last 5 years

2019 2020 2021 2022 2023
Sales (Rs. Crores) 5,078 5,619 5,450 6,570 8,014
Expenses (Rs. Crores) 4,164 4,509 4,442 5,155 6,303
Operating Profit (Rs. Crores) 915 1,110 1,007 1,415 1,711
OPM (%) 18% 20% 18% 22% 21%
Other Income (Rs. Crores) 223 209 154 152 208
Interest (Rs. Crores) 2 36 46 44 44
Depreciation (Rs. Crores) 104 183 218 214 232
Profit Before Tax (Rs. Crores) 1,031 1,100 897 1,309 1,644
Tax (%) 26% 25% 26% 27% 29%
Net Profit (Rs. Crores) 768 822 666 961 1,174
EPS (Rs.) 73.61 78.33 63.14 90.68 110.77
Dividend Payout (%) 29% 27% 35% 39% 41%

Over the past five years, L&T Technology Services has exhibited a robust financial performance, showcasing consistent growth in key financial indicators. From 2019 to 2023, the company witnessed a substantial increase in sales, climbing from Rs. 5,078 Crores to Rs. 8,014 Crores. This growth is indicative of L&T Technology’s ability to capitalize on market opportunities and expand its revenue streams. The operating profit has consistently shown an upward trajectory, reaching Rs. 1,711 Crores in 2023, demonstrating efficient cost management and operational effectiveness.

Notably, the Operating Profit Margin (OPM) has improved, peaking at 22% in 2022. The company has maintained a steady dividend payout policy, with the percentage increasing from 29% in 2019 to 41% in 2023, signaling confidence in its financial strength.

Furthermore, a progressive rise in Net Profit and Earnings Per Share (EPS) reflects sustained profitability and value creation for shareholders. Overall, L&T Technology’s financial condition over the last five years underscores its resilience, strategic management, and potential for sustained growth in the engineering and technology sector.

FAQS

What has been the historical performance of L&T Technology Services Ltd’s share price?

L&T Technology Services Ltd’s share price has been volatile in the past, with fluctuations in response to market conditions and the company’s financial performance.

What is the current share price of L&T Technology Services Ltd?

The current share price of L&T Technology Services Ltd is subject to change based on market conditions, but as of May 15th 2024, it is

₹4,455.

What is the share Price Prediction of L&T Technology Services for 2025?

The share price target for L&T Technology Services in 2025 around6,735.15.

What are the factors that may impact L&T Technology Services Ltd’s share price in the future?

Answer: Various factors such as company performance, economic conditions, industry trends, government policies, and global events may impact L&T Technology Services Ltd’s share price in the future.

What is the projected revenue growth for L&T Technology Services Ltd?

According to market analysis, L&T Technology Services Ltd is expected to experience steady revenue growth over the next few years.

What is L&T Technology Services Ltd’s profit margin?

L&T Technology Services Ltd’s profit margin varies based on the company’s financial performance, but it has historically been competitive within its industry.

What are the risks associated with investing in L&T Technology Services Ltd’s shares?

As with any investment, there are risks associated with investing in L&T Technology Services Ltd’s shares, including market volatility, economic conditions, and the company’s performance.

What is the dividend payout history of L&T Technology Services Ltd?

L&T Technology Services Ltd has historically paid out dividends to its shareholders, with the dividend payout varying based on company performance.

Should I buy L&T Technology Services Ltd’s shares?

The decision to buy L&T Technology Services Ltd’s shares should be based on individual financial goals, risk tolerance, and market analysis. It is recommended to consult with a financial advisor before making any investment decisions.

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Conclusion

In conclusion, L&T has shown a steady growth in its income over the past five years with a revenue growth of 74.5% from March 2018 to March 2022. The PAT has also shown a consistent growth rate of 17.5% during this period.

With a positive profit growth rate of 24.6% in the last financial year, it is clear that L&T is on the path of sustained growth. Looking at the share price target projections for 2024 to 2030, it is expected that the shares of L&T will continue to perform well in the coming years.

The maximum price target for 2025 is ₹6,735.15 and for 2030 is ₹18,316.91, with a minimum price target of ₹4,334.62 for 2025 and ₹11,788.42 for 2030. Therefore, it can be a good investment choice for those looking to invest in a company with a strong track record of growth and profitability.

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Author: Neelam KushwahaNeelam Kushwaha is a Bachelor's student in Computer Science at Hansraj College with a keen interest in finance and the stock market. She is a senior editor at Financesrule, where she shares her insights and expertise in researching stock price predictions. Neelam's analytical skills and unique perspectives make her a valuable asset to the financial community. In her free time, she enjoys reading and traveling.

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