LTTS vs Tata Elxsi: share price, P/E, ROE and financials compared
L&T Technology Services
Tata Elxsi
LTTS and Tata Elxsi at a glance
LTTS and Tata Elxsi are both listed in Information Technology. LTTS is the larger by market cap, at ₹45,190 Cr against ₹24,019 Cr for Tata Elxsi (1.9 times as large). On valuation, LTTS has the lower P/E (33.4× against 35.8×) and the lower price-to-book (6.38× against 8.24×). On returns and margins, Tata Elxsi has the higher ROCE (26.2% against 24.0%), the higher ROE (23.9% against 20.2%) and the higher operating margin (22.7% against 18.4%). Over three years, LTTS has faster 3-year sales growth (+7.6% against +6.1% a year) and faster 3-year profit growth (+1.8% against −5.9% a year). Neither carries much debt for its equity: debt-to-equity is 0.08× for LTTS and 0.05× for Tata Elxsi.
Key metrics, side by side
| Metric | LTTSLTTS | Tata ElxsiTATAELXSI |
|---|---|---|
| Price (₹) | 4,259.70 | 3,855.00 |
| Market cap (₹ Cr) | 45,190 | 24,019 |
| P/E | 33.4× (the lower figure, shaded) | 35.8× |
| P/B | 6.38× (the lower figure, shaded) | 8.24× |
| Dividend yield, trailing | 1.41% | 1.95% (the higher figure, shaded) |
| ROE | 20.2% | 23.9% (the higher figure, shaded) |
| ROCE | 24.0% | 26.2% (the higher figure, shaded) |
| Operating margin (OPM) | 18.4% | 22.7% (the higher figure, shaded) |
| Net margin (NPM) | 13.2% | 16.6% (the higher figure, shaded) |
| Sales CAGR 3Y | +7.6% (the higher figure, shaded) | +6.1% |
| Profit CAGR 3Y | +1.8% (the higher figure, shaded) | −5.9% |
| Debt to equity | 0.08× | 0.05× |
| Interest cover | 27.1× | 51.8× (the higher figure, shaded) |
| Net profit TTM (₹ Cr) | 1,540 | 670 |
| 1Y return | +3.3% (the higher figure, shaded) | −27.2% |
| Promoter holding | 73.51% | 43.89% |
LTTS vs Tata Elxsi: common questions
Which is bigger, LTTS or Tata Elxsi?
By market cap, LTTS is bigger at ₹45,190 Cr, against ₹24,019 Cr for Tata Elxsi (prices as of 6 Nov 2026). Net profit over the last twelve months was ₹1,540 Cr for LTTS and ₹670 Cr for Tata Elxsi.
Which has a lower P/E ratio, LTTS or Tata Elxsi?
LTTS trades at a P/E of 33.4× and Tata Elxsi at 35.8×. LTTS has the lower P/E. 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 Tata Elxsi?
LTTS reports a return on equity of 20.2% and Tata Elxsi 23.9%. Tata Elxsi has the higher ROE. ROE is net profit as a share of shareholders’ equity.
Which is growing faster, LTTS or Tata Elxsi?
Over the last three years: Sales grew +7.6% a year at LTTS and +6.1% at Tata Elxsi, so LTTS grew sales faster; profit grew +1.8% a year at LTTS and −5.9% at Tata Elxsi, so LTTS grew profit faster. Past growth doesn’t predict future growth.