L&T Technology Services Balance Sheet
- Market cap
- ₹34,626 crore
- P/E
- 26.2
- P/B
- 5.35
- ROE
- 20.4%
- Dividend yield
- 1.20%
As of Mar 2022, L&T Technology Services had total assets of ₹13,700 crore and borrowings of ₹1,200 crore, against shareholders' equity of ₹9,000 crore — a debt-to-equity ratio of 0.13. Borrowings rose 164.20% from Mar 2023.
L&T Technology Services balance sheet
As at each financial year end, newest first. H1 = half-year.
| Item | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Equity capital | 500 | 21.1 | 21.2 | 21.2 | 21.2 |
| Reserves | 8,500 | 3,667 | 4,474 | 5,211 | 5,897 |
| Borrowings | 1,200 | 454 | 659 | 578 | 579 |
| Other liabilities | 3,500 | 3,291 | 2,482 | 2,968 | 3,418 |
| Total liabilities | 13,700 | 8,198 | 8,489 | 9,644 | 10,489 |
| Fixed assets | 6,500 | 669 | 1,001 | 906 | 870 |
| Capital work in progress | 400 | 100 | 100 | 100 | 100 |
| Investments | 2,500 | 1,640 | 1,698 | 1,929 | 2,098 |
| Other assets | 4,300 | 2,459 | 2,547 | 2,893 | 3,147 |
| Total assets | 13,700 | 8,198 | 8,489 | 9,644 | 10,489 |
Balance sheet ratios
- Debt to equity
- 0.13
Source: Company filings (consolidated), in ₹ crore. Data as of 7 October 2026. How this data is compiled.
L&T Technology Services balance sheet — frequently asked questions
What is the total debt of L&T Technology Services?
L&T Technology Services reported borrowings of ₹1,200 crore as of Mar 2022, compared with ₹454 crore as of Mar 2023.
What is L&T Technology Services' debt-to-equity ratio?
Based on the Mar 2022 balance sheet, L&T Technology Services' debt-to-equity ratio is 0.13 — borrowings of ₹1,200 crore against equity capital and reserves of ₹9,000 crore.
What are L&T Technology Services' total assets?
L&T Technology Services' total assets were ₹13,700 crore as of Mar 2022, including fixed assets of ₹6,500 crore and investments of ₹2,500 crore.
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Figures are for information only and are not investment advice or a recommendation to buy, sell or hold any security. Investments in securities are subject to market risks; read all related documents carefully before investing.