LTTS vs Cyient: share price, P/E, ROE and financials compared
L&T Technology Services
Cyient
LTTS and Cyient at a glance
LTTS and Cyient are both listed in Information Technology. LTTS is the larger by market cap, at ₹45,190 Cr against ₹11,555 Cr for Cyient (3.9 times as large). On valuation, Cyient has the lower price-to-book (2.29× against 6.38×). On returns and margins, LTTS has the higher ROCE (24.0% against 10.5%), the higher ROE (20.2% against 6.9%) and the higher operating margin (18.4% against 12.3%). Over three years, LTTS has faster 3-year sales growth (+7.6% against +6.5% a year) and faster 3-year profit growth (+1.8% against −6.0% a year). LTTS carries less debt for its equity, with a debt-to-equity of 0.08× against 0.49×.
Key metrics, side by side
| Metric | LTTSLTTS | CyientCYIENT |
|---|---|---|
| Price (₹) | 4,259.70 | 1,108.30 |
| Market cap (₹ Cr) | 45,190 | 11,555 |
| P/E | 33.4× | 32.6× |
| P/B | 6.38× | 2.29× (the lower figure, shaded) |
| Dividend yield, trailing | 1.41% (the higher figure, shaded) | 1.08% |
| ROE | 20.2% (the higher figure, shaded) | 6.9% |
| ROCE | 24.0% (the higher figure, shaded) | 10.5% |
| Operating margin (OPM) | 18.4% (the higher figure, shaded) | 12.3% |
| Net margin (NPM) | 13.2% (the higher figure, shaded) | 4.6% |
| Sales CAGR 3Y | +7.6% (the higher figure, shaded) | +6.5% |
| Profit CAGR 3Y | +1.8% (the higher figure, shaded) | −6.0% |
| Debt to equity | 0.08× (the lower figure, shaded) | 0.49× |
| Interest cover | 27.1× (the higher figure, shaded) | 11.6× |
| Net profit TTM (₹ Cr) | 1,540 | 372 |
| 1Y return | +3.3% (the higher figure, shaded) | −2.4% |
| Promoter holding | 73.51% | 24.76% |
LTTS vs Cyient: common questions
Which is bigger, LTTS or Cyient?
By market cap, LTTS is bigger at ₹45,190 Cr, against ₹11,555 Cr for Cyient (prices as of 6 Nov 2026). Net profit over the last twelve months was ₹1,540 Cr for LTTS and ₹372 Cr for Cyient.
Which has a lower P/E ratio, LTTS or Cyient?
LTTS trades at a P/E of 33.4× and Cyient at 32.6×. The two are close. P/E is the share price divided by earnings per share; it varies a lot between industries and with growth, so it says little on its own.
Which has a higher ROE, LTTS or Cyient?
LTTS reports a return on equity of 20.2% and Cyient 6.9%. LTTS has the higher ROE. ROE is net profit as a share of shareholders’ equity.
Which is growing faster, LTTS or Cyient?
Over the last three years: Sales grew +7.6% a year at LTTS and +6.5% at Cyient, so LTTS grew sales faster; profit grew +1.8% a year at LTTS and −6.0% at Cyient, so LTTS grew profit faster. Past growth doesn’t predict future growth.