Comparison · NSE · data 2026-10-30
L&T Technology Services Ltd. vs PhysicsWallah Ltd.
In plain words
Size: L&T Technology Services Ltd. is about 1.2 times the market value of PhysicsWallah Ltd..
Valuation (P/E): PhysicsWallah Ltd. 1,675.2 vs L&T Technology Services Ltd. 29.5.
Return on equity: L&T Technology Services Ltd. 19.6% vs PhysicsWallah Ltd. -0.7%.
Debt to equity: PhysicsWallah Ltd. 0.23 vs L&T Technology Services Ltd. 0.09.
Differences in the numbers, not a recommendation of either stock.
Side by side
| LTTS | PWL | |
|---|---|---|
| Price | ₹4,280.2 | ₹128.99 |
| Market cap | ₹44,372 cr | ₹38,540 cr |
| P/E | 29.5 | 1,675.2 |
| P/B | 6.4 | — |
| ROE | 19.6% | -0.7% |
| ROCE | 22.2% | -1.2% |
| Debt / equity | 0.09 | 0.23 |
| Operating margin | 15.5% | -0.3% |
| Dividend yield | 1.39% | 0.00% |
| Sales growth, 3 years (yearly) | 7.6% | 73.7% |
| Profit growth, 3 years (yearly) | 1.8% | — |
| 1-year return | 3.5% | -11.0% |
| Revenue, last 12 months | ₹11,762 cr | ₹4,106 cr |
| Net profit, last 12 months | ₹1,540 cr | ₹20 cr |
| Latest quarter | Jun 2026 | Mar 2026 |
| Quarter net profit | ₹357 cr | ₹-75 cr |
| Quarter profit vs a year earlier | +13.0% | — |
| Promoter holding | 73.58% | 71.27% |
| Health check | Average (6.4/10) | Average (4.3/10) |
Common questions
Which has a higher P/E, L&T Technology Services Ltd. or PhysicsWallah Ltd.?
PhysicsWallah Ltd. trades at the higher P/E (1,675.2 against 29.5). A higher P/E means the market pays more for each rupee of past earnings; on its own it does not say which is better.
Which earns a higher return on equity?
L&T Technology Services Ltd. (19.6% against -0.7%).
Which carries more debt?
PhysicsWallah Ltd. has the higher debt-to-equity ratio (0.23 against 0.09).