L&T Technology Services Ltd

Dividend details

• Interim dividend proposal for equity shares; board to consider approval.
• For the half year ending September 30, 2026.
• Board meeting to consider interim dividend on Oct 19, 2026.
• Interim dividend proposal to be considered in the aforesaid meeting.

Partnership overview

• LTTS will partner with Cognite to deliver industrial AI solutions for asset-intensive industries.
• Established a Center of Excellence and certified 50+ LTTS engineers.
• First joint project with a top-ten oil and gas company to digitize mechanical integrity.
• Sustainability segment to co-develop industrial AI and data capabilities with Cognite.
• Aims to accelerate deployment of AI-powered workflows, digital twins and predictive maintenance.

Meeting Details

• Dates: September 21 and 22, 2026; venue Mumbai.
• Type/Mode: Group investor meetings; physical venue.
• Organizer: Anand Rathi Annual Flagship Conference (G-200 Summit) and J.P. Morgan India Conference.
• Purpose: Investor presentation per prior company/exchange materials.
• Availability: Presentation to be posted on company and exchange websites.
• Key participants: Company management to participate in the meetings.

Capital / Securities

• Nomination & Remuneration Committee approved allotment of 8,725 equity shares (face value Rs 2) on Sept 9, 2026.
• The shares rank pari-passu with existing equity shares.

SWC Unit Transfer Completed

• SWC Unit transferred to AMI Paradigm Solutions Private Limited, completion effective today.

Meeting Details

• Date: September 1, 2026; time not disclosed.
• Type: group investor meeting; mode: in-person (physical) in Mumbai.
• Organizer: Elara India Dialogue 2026.

Participants

• Company participants: management team (roles not specified).

Purpose

• Purpose: investor presentation aligned with prior materials on website.

Availability

• Presentation will be available on company and exchange websites.

Engagement details

• Name of awarding entity undisclosed per client agreement.
• Five-year engagement to deploy EI across end-to-end product development and engineering lifecycle.
• Engagement valued at over $75 million.
• Awarding entity is international.
• Execution period spans five years.
• Five-year contract with a leading global technology enterprise.
• No promoter group interest; not a related-party transaction.
• Material impact includes Engineering Center creation and EI capability deployment.

Business Overview

• Core business: ER&D services with an AI-powered Engineering Intelligence platform.
• Pivot to AI-led growth via EI platform and software-driven solutions.
• Six Big Bets guide strategy: Mobility, Plant Buildout, Digital Manufacturing.
• Six Big Bets guide strategy: MedTech, AI Infra, EI Platforms.
• TAM expansion to 25+ countries; 190+ global clients with revenue >$1M.
• Partnerships: Anthropic and NVIDIA to advance EI.
• Munich EI CoE to serve Sustainability and Tech segments.
• Caterpillar Supplier Excellence Award acknowledges LTTS.
• Everest Group recognizes LTTS as a leading ER&D provider.

Operational Highlights

• FY26 large deal wins: $855M, up 40% YoY, including a $100M deal.
• LTTS unveiled an EI CoE in Munich to expand capabilities.
• NVIDIA partnership establishes AI Experience Zone to showcase EI platform.
• Anthropic collaboration to leverage Claude for products and industrial solutions.
• Caterpillar Supplier Excellence Award highlights LTTS performance.
• Everest Group ranks LTTS among top ER&D providers.
• Q1 FY27 annualised revenue: $1.24B.
• LTTS emphasizes leadership in ER&D with 103 R&D Innovation Labs and 21 Global Design Centers.

Financial Performance

• Q1 FY27 annualised revenue stands at $1.24B.
• 2031 aspirations: 13-15% revenue CAGR and 16-17% EBIT margin.
• Two-segment revenue target: $1B per segment by 2031.

Capital Structure & Liquidity

• No material debt or liquidity updates disclosed in this update.

Strategic Priorities & Outlook

• Pivot on AI to transform engineering and manufacturing productivity.
• Roadmap: Engineering Services to Technology Solutions through FY31.
• Three shifts: Product, Factory, Customer to drive differentiated value.
• EI platform delivers decision-ready data with up to 85% extraction accuracy.

Risks & Mitigation

• Near-term risks: deal conversion and margin discipline.
• Mobility segment faces soft Europe conditions as a near-term challenge.

Governance & Leadership

• No governance changes announced in this update.

Meeting Details

• Aug 18–19, 2026; Non-Deal Roadshow (in-person); Singapore.
• Aug 20–21, 2026; Non-Deal Roadshow (in-person); Hong Kong.

Participants

• Company will present; no specific management attendees named.

Purpose

• Purpose: investor interaction with presentation aligned to prior release.

Additional Notes

• Presentation to be made available on company and exchange websites.