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LTIMindtree Ltd

LTIM

LTIMindtree Ltd

LTIM
Information TechnologyIT Services & Consulting
LargecapWith a market cap of ₹1,84,271 cr, stock is ranked 48
Low RiskStock is 1.91x as volatile as Nifty
5,824.306.37% (-396.30)
5,824.306.37% (-396.30)

Price Chart

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Returns
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1D
1W
1M
1Y
5Y
Max
SIP
Information TechnologyIT Services & Consulting
LargecapWith a market cap of ₹1,84,271 cr, stock is ranked 48
Low RiskStock is 1.91x as volatile as Nifty
Scorecard

Performance

Low

Hasn't fared well - amongst the low performers

Valuation

High

Seems to be overvalued vs the market average

Growth

Avg

Financials growth has been moderate for a few years

Profitability

High

Showing good signs of profitability & efficiency

Entry point

Avg

The stock is overpriced but is not in the overbought zone

Red flags

Low

No red flag found

How to use scorecard? Learn more

Information TechnologyIT Services & Consulting
LargecapWith a market cap of ₹1,84,271 cr, stock is ranked 48
Low RiskStock is 1.91x as volatile as Nifty

Key Metrics

No LabelNo LabelPB RatioPB RatioDividend YieldDiv. Yield
41.859.720.99%
Sector PESector PESector PBSector PBSector Div YldSctr Div Yld
36.969.751.59%

Forecast & Ratings

Detailed Forecast 
56%
Analysts have suggested that investors can buy this stock

from 34 analysts

Price

Price Upside

Earnings

Earnings Growth

Revenue

Rev. Growth

See Detailed Forecast

Company Profile

LTIMindtree, formerly Larsen & Toubro Infotech, is an India-based global technology consulting and digital solutions company.

Investor Presentation

View older 

Nov 26, 2024

PDF
View Older Presentations

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Forecasts

Price

Revenue

Earnings

Income

Balance Sheet

Cash Flow

Income Statement

Industry refers to the sub-sector this company belongs to.

Higher than Industry Revenue Growth

A higher-than-industry revenue growth represents increased potential for the company to increase their market share

Over the last 5 years, revenue has grown at a yearly rate of 30.02%, vs industry avg of 11.41%

Increasing Market Share

Market share is the percentage of an industry's total sales going to a particular company. It gives a general idea of the size of a company v/s its competitors

Over the last 5 years, market share increased from 2.06% to 4.61%

Higher than Industry Net Income

Net income is equal to net earnings (profit) less expenses. This number is an important measure of how profitable the company is

Over the last 5 years, net income has grown at a yearly rate of 24.76%, vs industry avg of 9.23%

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Financial YearFY 2016FY 2017FY 2018FY 2019FY 2020FY 2021FY 2022FY 2023FY 2024TTM
Total Revenue6,036.106,687.607,732.609,748.1011,207.8012,644.2026,874.5033,739.9036,218.9037,438.10
Raw Materialssubtract0.000.000.000.000.000.000.000.000.0030,059.00
Power & Fuel Costsubtract34.8031.8033.0031.0032.9020.8039.8050.8091.70
Employee Costsubtract3,526.603,715.304,328.905,466.806,516.607,428.9015,989.2020,879.9022,732.30
Selling & Administrative Expensessubtract476.20943.50530.80727.20681.20370.60940.701,349.101,327.40
Operating & Other expensessubtract784.00580.101,226.401,337.501,618.601,824.403,890.404,795.504,978.20
Depreciation/Amortizationsubtract174.00177.90156.30147.20273.00332.50597.10722.70818.90902.30
Interest & Other Itemssubtract5.803.2015.7010.6082.6078.80123.40150.40221.70271.40
Taxes & Other Itemssubtract198.40265.10329.50511.90482.80652.101,345.601,383.201,466.601,551.80
EPS50.5257.0464.9287.7587.45110.99167.89149.08154.85157.21
DPS35.2516.5521.5028.0028.0040.0055.0060.0065.0065.00
Payout ratio0.700.290.330.320.320.360.330.400.420.41

Company Updates

Annual Report and Investor Presentation updates mentioned here are as reported by the company to the exchange
FY 2022

Annual report

PDF

Investor Presentation

Apr 28PDF
Feb 1PDF
FY 2023

Annual report

PDF

Investor Presentation

Apr 27PDF
Jan 20PDF
Jan 20PDF
+2 more
FY 2024

Annual report

PDF

Investor Presentation

Jul 17PDF
FY 2025

Annual Report Pending

Investor Presentation

Nov 26PDF
Oct 17PDF
 

Peers & Comparison

Comparing 3 stocks from 
Information TechnologyIT Services & Consulting

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StockPE RatioPE RatioPB RatioPB RatioDiv. YieldDividend Yield
LTIMindtree Ltd42.509.720.99%
Tata Consultancy Services Ltd34.2717.231.68%
Infosys Ltd31.259.272.32%
HCL Technologies Ltd33.797.772.66%

Price Comparison

Compare LTIM with any stock or ETF
Compare LTIM with any stock or ETF
LTIM
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Shareholdings

Promoter Holdings Trend

Total Promoter Holding

Increasing promoter holding is considered good and reflects management’s positive view about the future outlook

In last 6 months, promoter holding in the company has almost stayed constant

Low Pledged Promoter Holding

Lower pledged promoter holdings is considered better

Pledged promoter holdings is insignificant

Institutional Holdings Trend

Total Retail Holding

Increasing retail holding can be considered bad as it can reflect that institutions and promoters are selling their stake which is being absorbed by retail investors.

In last 3 months, retail holding in the company has almost stayed constant

Foreign Institutional Holding

Foreign Institutional Holding is quantum of stock held by foreign large-quantities-trading entities. Increasing value indicates growing support and comfort for the stock

In last 3 months, foreign institutional holding of the company has almost stayed constant

Tickertape Separator

Shareholding Pattern

Retail and OthersForeign InstitutionsOther Domestic InstitutionsMutual FundsTotal Promoter Holding68.60%5.38%9.52%7.39%9.12%

Dec 2023

Mar 2024

Jun 2024

Sep 2024

Shareholding History

JunSepDec '23MarJunSep8.21%8.11%8.65%7.86%7.28%7.39%

Mutual Funds Holding Trend

Mutual Fund Holding

Increasing Mutual Fund holdings are generally considered good, as it reflects that fund managers are becoming more bullish about the stock

In last 3 months, mutual fund holding of the company has almost stayed constant

Top 5 Mutual Funds holding LTIMindtree Ltd




Funds (Top 5)Market-cap heldWeight3M holding changePortfolio rank
(3M change)
UTI Flexi Cap Fund - Growth - Direct Plan

Growth
0.6369%4.46%-0.18%12/69 (0)
ICICI Prudential Technology Fund - Growth - Direct Plan

Growth
0.4384%5.77%0.31%4/83 (0)
Tata Digital India Fund Direct Plan Growth

Growth
0.3310%4.82%-1.26%7/42 (-2)

Compare 3-month MF holding change on Screener

Insider Trades & Bulk Deals

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smallcases

A smallcase is a basket of stocks/ETFs that represents an idea or theme.Diversify your risk and buy smallcases that have LTIMindtree Ltd

Events

Dividend Trend

Increasing Dividends

Dividends are the portion of earnings that a company distributes to all its shareholders every year

LTIM has increased dividends consistently over the last 5 years

Dividend Yield

Dividend return is one of the most important things to be considered while investing for long term. It is the additional return on top of what investors earn through price appreciation

Current dividend yield is 0.99%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹9.88 every year

Dividends

Corp. Actions

Announcements

Legal Orders

Upcoming Dividends

No upcoming dividends are available

Past Dividends

Cash Dividend

Ex DateEx DateOct 25, 2024

Interim
Interim | Div/Share: ₹20.00

Dividend/Share

20.00

Ex DateEx Date

Oct 25, 2024

Cash Dividend

Ex DateEx DateJun 19, 2024

Final
Final | Div/Share: ₹45.00

Dividend/Share

45.00

Ex DateEx Date

Jun 19, 2024

Cash Dividend

Ex DateEx DateOct 27, 2023

Interim
Interim | Div/Share: ₹20.00

Dividend/Share

20.00

Ex DateEx Date

Oct 27, 2023

Cash Dividend

Ex DateEx DateJul 10, 2023

Final
Final | Div/Share: ₹40.00

Dividend/Share

40.00

Ex DateEx Date

Jul 10, 2023

Cash Dividend

Ex DateEx DateJan 31, 2023

Interim
Interim | Div/Share: ₹20.00

Dividend/Share

20.00

Ex DateEx Date

Jan 31, 2023

News & Opinions
Corporate
LTIMindtree launches its Cyber Defense Resiliency Center in Bengaluru

LTIMindtree  has announced the launch of its Cyber Defense Resiliency Center (CDRC) in Bengaluru, India. With this launch, LTIMindtree will offer its global clients support and protection capabilities for the cyber threat lifecycle, using artificial intelligence (AI), specifically generative AI (GenAI), and help build resilient enterprises. According to a cybersecurity briefer report by USAID, cybercrime is expected to grow over the coming years globally, with projections as high as $23.84 trillion by 2027. Moreover, India experienced nearly 600 cases of cyberattacks in the first half of 2024, with the education, government and technology sectors emerging as primary targets. Clearly, there is a need to embrace cybersecurity measures to protect precious resources. In line with LTIMindtree's focus on AI in Everything, Everything for AI and AI for Everyone. CDRC will follow an AI-driven customer-centric approach to creating cybersecurity solutions that help the clients build resilient enterprises. It is designed to be a cyber defense hub for global clients and will use AI to automate and improve security operations to manage threat detection, incident response and resource allocation. It will offer platform-based enterprise cybersecurity solutions that are proactive, prescriptive and cognitively autonomous. The CDRC will provide predictive analytics and predict possible dangers, leveraging natural language processing and interpreting data from various sources to identify threats. This in turn will help clients reduce risks, improve efficiency and focus on their core business.Powered by Capital Market - Live

6 days agoCapital Market - Live
Corporate
LTIMindtree announces strategic partnership with GitHub

LTIMindtree has announced a strategic partnership with GitHub, the most widely adopted Copilot-powered developer platform. This collaboration integrates GitHub's advanced DevOps and AI-driven pair programming capabilities with LTIMindtree's expertise in digital engineering and AI transformation, creating a powerful ecosystem to drive enterprise innovation at scale. As IT complexities increase, the demand for strong software quality, security, and speed becomes more critical. While Generative AI holds immense potential, many organizations are struggling to fully capitalize on it for software development. Recognizing this challenge, LTIMindtree is dedicated to driving agile transformation by integrating Generative AI into the software delivery process through shift-left, shift-right, and shift-down practices. The LTIMindtree-GitHub partnership will supercharge organizations by scaling AI-enabled capabilities and reimagining the software development lifecycle. By leveraging LTIMindtree's expertise in delivering digital programs and GitHub's robust Copilot-powered platform, this collaboration will streamline development processes and deliver AI-powered developer solutions tailored to enterprise needs. Developers will benefit from enhanced collaboration tools, automated workflows, and reduced manual effort, enabling faster time-to-market and improved software quality. Additionally, the GitHub ecosystem will enhance productivity by providing early access to innovative tools and fostering co-innovation. Powered by Capital Market - Live

1 week agoCapital Market - Live
Corporate
LTIMindtree allots 1.01 lakh equity shares under ESOS

LTIMindtree has allotted 101,628 equity shares under ESOS to the LTIMindtree Employee Welfare Trust. Powered by Capital Market - Live

1 week agoCapital Market - Live
Spotlight
LTIMindtree Ltd spurts 3.11%, gains for five straight sessions

LTIMindtree Ltd rose for a fifth straight session today. The stock is quoting at Rs 6588, up 3.11% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is down around 0.26% on the day, quoting at 24554.85. The Sensex is at 81341.22, down 0.21%. LTIMindtree Ltd has added around 10.27% in last one month. Meanwhile, Nifty IT index of which LTIMindtree Ltd is a constituent, has added around 6.07% in last one month and is currently quoting at 44832, up 0.77% on the day. The volume in the stock stood at 4.31 lakh shares today, compared to the daily average of 2.29 lakh shares in last one month. The benchmark December futures contract for the stock is quoting at Rs 6590, up 2.67% on the day. LTIMindtree Ltd is up 14.16% in last one year as compared to a 16.94% gain in NIFTY and a 34.8% gain in the Nifty IT index.The PE of the stock is 41.51 based on TTM earnings ending September 24.Powered by Capital Market - Live

1 week agoCapital Market - Live
Corporate
LTIMindtree announces strategic partnership with Voicing.AI, a next-generation start-up

LTIMindtree USA Inc., a wholly owned subsidiary of LTIMindtree announced a partnership, including a strategic investment in Voicing.AI, a next-generation start-up. This partnership aligns with LTIMindtree's strategy, AI in everything, Everything for AI and AI for Everyone. Voicing.AI's proprietary technology brings human-like voice capability across more than 20 languages with conversational, contextual, and emotional intelligence, in what is typically referred to as 'agentic AI'. LTIMindtree aims to reshape the future of Business Processes by leveraging AI-led plaƞorms. This will enable their clients to optimize costs, reduce risk, enhance user experience, address revenue leakages, and enhance upsell opportunities. LTIMindtree will help clients integrate Voicing.AI with their custom tools, knowledge bases - both structured or unstructured, CRM systems, and leading call management platforms and systems. This Agentic AI technology is fully compliant with SOC2, HIPAA, and multi-layered data security protocols. Powered by Capital Market - Live

2 weeks agoCapital Market - Live
Spotlight
LTIMindtree rises on inking pact with Microsoft to create AI solutions

Their collaboration focuses on accelerating AI adoption, enhancing innovation, and streamlining operations. Key initiatives include AI-powered solutions for security, data migration, and workplace productivity, empowering businesses globally. The company said that this philosophy centers on making AI not just accessible, but actionable for businesses. Whether it's enhancing customer experiences, optimizing operations, or enabling data-driven decisions, the focus is on embedding AI as a core business enabler that scales innovation. Julie Sanford, vice president and business management of Microsoft, said, 'This partnership with LTIMindtree highlights our dedication to work with partners to deliver secure AI solutions that empower organizations to transform and thrive. With Microsoft AI services like Copilot and Azure OpenAI Service, LTIMindtree is poised to drive significant advancements in AI-led digital transformation.' Rohit Kedia, chief growth officer of LTIMindtree, stated, 'Through our strategic alliance with Microsoft, we're bringing our AI vision to life in ways that truly drive results. The narrative isn't just about adopting technology; it's about transforming how businesses think, operate, and compete in the AI era. For our customers, this means faster innovation, more intelligent decision-making, and real-time insights that unlock new levels of growth and operational efficiency, he added. LTI Mindtree is a global technology consulting and digital solutions company that enables enterprises across industries to reimagine business models, accelerate innovation, and maximize growth by harnessing digital technologies. LTI Mindtree, a Larsen & Toubro Group company, combines the industry-acclaimed strengths of erstwhile Larsen & Toubro Infotech and Mindtree in solving the most complex business challenges and delivering transformation at scale. The company's consolidated net profit jumped 10.3% to Rs 1,251.6 crore on a 2.85% rise in revenue from operations to Rs 1,126.6 crore in Q2 FY25 over Q1 FY25.Powered by Capital Market - Live

3 weeks agoCapital Market - Live
Corporate
LTIMindtree collaborates with Microsoft to accelerate AI driven digital transformation

LTIMindtree and Microsoft are joining forces to usher in a new era of Artificial Intelligence (AI) driven transformation. By leveraging LTIMindtree's industry specific expertise and Microsoft's cutting-edge AI technologies, global enterprises can now transition from experimentation to meaningful business outcomes. The partnership allows clients to fast-track the adoption of AI solutions and transform ambitious AI visions into actionable strategies. Microsoft and LTIMindtree will collaborate to create a joint go-to-market strategy and make joint investments in AI-powered solutions. At the heart of this partnership is LTIMindtree's vision of AI in Everything, Everything for AI, AI for Everyone'. This philosophy centers on making AI not just accessible, but actionable for businesses. Whether it's enhancing customer experiences, optimizing operations, or enabling data-driven decisions, the focus is on embedding AI as a core business enabler that scales innovation. Powered by Capital Market - Live

3 weeks agoCapital Market - Live
Spotlight
LTIMindtree Ltd gains for third consecutive session

LTIMindtree Ltd gained for a third straight session today. The stock is quoting at Rs 6064.15, up 2.24% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 1.43% on the day, quoting at 23682.8. The Sensex is at 78137.76, up 1.27%. LTIMindtree Ltd has risen around 2.18% in last one month. Meanwhile, Nifty IT index of which LTIMindtree Ltd is a constituent, has risen around 0.99% in last one month and is currently quoting at 41952.8, up 1.64% on the day. The volume in the stock stood at 1.59 lakh shares today, compared to the daily average of 2.14 lakh shares in last one month. The benchmark November futures contract for the stock is quoting at Rs 6075.25, up 2.54% on the day. LTIMindtree Ltd is up 10.83% in last one year as compared to a 19.6% spurt in NIFTY and a 31.72% spurt in the Nifty IT index.The PE of the stock is 38.55 based on TTM earnings ending September 24.Powered by Capital Market - Live

1 month agoCapital Market - Live
Spotlight
LTIMindtree rises on extending pact with Nexi group

This collaboration is set to elevate Nexi's technology landscape across its core acquiring, issuing, and ecommerce platforms, further solidifying its position as a key player in the digital payments space. As part of this partnership, LTI Mindtree will utilize its technical expertise and advanced solutions to optimize Nexi's core platforms, driving enhanced performance, innovation, and scalability. Additionally, LTI Mindtree will manage Nexi's hybrid infrastructure, ensuring seamless integration of on-premise and cloud-based solutions, while supporting the company's digital transformation efforts. Giuseppe Dallona, CIO of Nexi Group said, 'Their proven expertise and global reach will help us enhance the resilience and flexibility of our platforms, supporting Nexi's mission to offer secure, innovative, and frictionless payment solutions for businesses and consumers across Europe.' Sudhir Chaturvedi, president & executive board member of LTIMindtree said, 'This partnership underscores our commitment to empower leading enterprises with advanced technology innovation. By leveraging our deep domain expertise and global delivery capabilities, we are confident in driving Nexi's growth and success in the highly competitive digital payments industry.' LTI Mindtree is a global technology consulting and digital solutions company that enables enterprises across industries to reimagine business models, accelerate innovation, and maximize growth by harnessing digital technologies. LTI Mindtree a Larsen & Toubro Group company combines the industry-acclaimed strengths of erstwhile Larsen and Toubro Infotech and Mindtree in solving the most complex business challenges and delivering transformation at scale. The company's consolidated net profit jumped 10.3% to Rs 1,251.6 crore on 2.85% rise in revenue from operations to Rs 1,126.6 crore in Q2 FY25 over Q1 FY25. Powered by Capital Market - Live

1 month agoCapital Market - Live
Corporate
LTIMindtree secures contract extension with Nexi Group

LTIMindtree announced a contract extension with Nexi Group, a leading European PayTech provider. This collaboration is set to elevate Nexi's technology landscape across its core acquiring, issuing, and ecommerce platforms, further solidifying its position as a key player in the digital payments space. As a part of this partnership, LTIMindtree will leverage its technical expertise and cutting-edge solutions to optimize Nexi's core platforms, ensuring enhanced performance, innovation, and scalability. LTIMindtree will also manage Nexi's hybrid infrastructure, enabling a seamless integration of on-premise and cloud-based solutions, while supporting the company's digital transformation efforts. Powered by Capital Market - Live

1 month agoCapital Market - Live