LTIMindtree Ltd
LTIMLTIMindtree Ltd
LTIMPrice Chart
Scorecard
Performance
LowHasn't fared well - amongst the low performers
Valuation
HighSeems to be overvalued vs the market average
Growth
AvgFinancials growth has been moderate for a few years
Profitability
HighShowing good signs of profitability & efficiency
Entry point
AvgThe stock is overpriced but is not in the overbought zone
Red flags
LowNo red flag found
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Key Metrics
No LabelNo Label | PB RatioPB Ratio | Dividend YieldDiv. Yield |
---|---|---|
41.85 | 9.72 | 0.99% |
Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
---|---|---|
37.47 | 9.87 | 1.57% |
Forecast & Ratings
Detailed Forecast from 34 analysts
Price
Price Upside
Earnings
Earnings Growth
Revenue
Rev. Growth
Company Profile
LTIMindtree, formerly Larsen & Toubro Infotech, is an India-based global technology consulting and digital solutions company.
Investor Presentation
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Compare with peersTata Consultancy Services Ltd
Infosys Ltd
HCL Technologies Ltd
Wipro Ltd
Tech Mahindra Ltd
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Forecasts
Price
Revenue
Earnings
Price Forecast
All values in ₹
All values in ₹
Revenue Forecast
All values in ₹ Thousand cr.
All values in ₹ Thousand cr.
Earnings Per Share Forecast
All values in ₹
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Income
Balance Sheet
Cash Flow
Income Statement
Financial Year | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | TTM | ||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Total Revenue | 6,036.10 | 6,687.60 | 7,732.60 | 9,748.10 | 11,207.80 | 12,644.20 | 26,874.50 | 33,739.90 | 36,218.90 | 37,438.10 | ||||||||||
Raw Materials | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 30,059.00 | ||||||||||
Power & Fuel Cost | 34.80 | 31.80 | 33.00 | 31.00 | 32.90 | 20.80 | 39.80 | 50.80 | 91.70 | |||||||||||
Employee Cost | 3,526.60 | 3,715.30 | 4,328.90 | 5,466.80 | 6,516.60 | 7,428.90 | 15,989.20 | 20,879.90 | 22,732.30 | |||||||||||
Selling & Administrative Expenses | 476.20 | 943.50 | 530.80 | 727.20 | 681.20 | 370.60 | 940.70 | 1,349.10 | 1,327.40 | |||||||||||
Operating & Other expenses | 784.00 | 580.10 | 1,226.40 | 1,337.50 | 1,618.60 | 1,824.40 | 3,890.40 | 4,795.50 | 4,978.20 | |||||||||||
EBITDA | 1,214.50 | 1,416.90 | 1,613.50 | 2,185.60 | 2,358.50 | 2,999.50 | 6,014.40 | 6,664.60 | 7,089.30 | 7,379.10 | ||||||||||
Depreciation/Amortization | 174.00 | 177.90 | 156.30 | 147.20 | 273.00 | 332.50 | 597.10 | 722.70 | 818.90 | 902.30 | ||||||||||
PBIT | 1,040.50 | 1,239.00 | 1,457.20 | 2,038.40 | 2,085.50 | 2,667.00 | 5,417.30 | 5,941.90 | 6,270.40 | 6,476.80 | ||||||||||
Interest & Other Items | 5.80 | 3.20 | 15.70 | 10.60 | 82.60 | 78.80 | 123.40 | 150.40 | 221.70 | 271.40 | ||||||||||
PBT | 1,034.70 | 1,235.80 | 1,441.50 | 2,027.80 | 2,002.90 | 2,588.20 | 5,293.90 | 5,791.50 | 6,048.70 | 6,205.40 | ||||||||||
Taxes & Other Items | 198.40 | 265.10 | 329.50 | 511.90 | 482.80 | 652.10 | 1,345.60 | 1,383.20 | 1,466.60 | 1,551.80 | ||||||||||
Net Income | 836.30 | 970.70 | 1,112.00 | 1,515.90 | 1,520.10 | 1,936.10 | 3,948.30 | 4,408.30 | 4,582.10 | 4,653.60 | ||||||||||
EPS | 50.52 | 57.04 | 64.92 | 87.75 | 87.45 | 110.99 | 167.89 | 149.08 | 154.85 | 157.21 | ||||||||||
DPS | 35.25 | 16.55 | 21.50 | 28.00 | 28.00 | 40.00 | 55.00 | 60.00 | 65.00 | 65.00 | ||||||||||
Payout ratio | 0.70 | 0.29 | 0.33 | 0.32 | 0.32 | 0.36 | 0.33 | 0.40 | 0.42 | 0.41 |
Company Updates
Annual report
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PDFInvestor Presentation
Peers & Comparison
Information TechnologyIT Services & Consulting
Valuation
Technical
Forecast
Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
---|---|---|---|
LTIMindtree Ltd | 42.50 | 9.72 | 0.99% |
Tata Consultancy Services Ltd | 34.27 | 17.23 | 1.68% |
Infosys Ltd | 31.25 | 9.27 | 2.32% |
HCL Technologies Ltd | 33.79 | 7.77 | 2.66% |
Price Comparison
Compare LTIM with any stock or ETFShareholdings
Promoter Holdings Trend
Total Promoter Holding
In last 6 months, promoter holding in the company has almost stayed constant
Low Pledged Promoter Holding
Pledged promoter holdings is insignificant
Institutional Holdings Trend
Total Retail Holding
In last 3 months, retail holding in the company has almost stayed constant
Foreign Institutional Holding
In last 3 months, foreign institutional holding of the company has almost stayed constant
Shareholding Pattern
Dec 2023
Mar 2024
Jun 2024
Sep 2024
Shareholding History
Mutual Funds Holding Trend
Mutual Fund Holding
In last 3 months, mutual fund holding of the company has almost stayed constant
Top 5 Mutual Funds holding LTIMindtree Ltd
Funds (Top 5) | The rupee value of the stock held by the fund divided by the stock’s market cap Market-cap held | Percentage of the fund’s portfolio invested in the stock Weight | Change in the portfolio weight of the stock over the last 3 months 3M holding change | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months Portfolio rank(3M change) |
---|---|---|---|---|
UTI Focused Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.0569% | Percentage of the fund’s portfolio invested in the stock 4.21% | Change in the portfolio weight of the stock over the last 3 months 0.51% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 7/33 (+2) |
ICICI Prudential Innovation Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.0551% | Percentage of the fund’s portfolio invested in the stock 1.70% | Change in the portfolio weight of the stock over the last 3 months 0.64% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 80/93 (-3) |
HDFC Multi Cap Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.0467% | Percentage of the fund’s portfolio invested in the stock 0.54% | Change in the portfolio weight of the stock over the last 3 months -0.00% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 61/221 (+2) |
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Events
Dividend Trend
Increasing Dividends
LTIM has increased dividends consistently over the last 5 years
Dividend Yield
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
Dividend/Share
₹20.00
Ex DateEx Date
Oct 25, 2024
Cash Dividend
Ex DateEx DateJun 19, 2024
Dividend/Share
₹45.00
Ex DateEx Date
Jun 19, 2024
Cash Dividend
Ex DateEx DateOct 27, 2023
Dividend/Share
₹20.00
Ex DateEx Date
Oct 27, 2023
Cash Dividend
Ex DateEx DateJul 10, 2023
Dividend/Share
₹40.00
Ex DateEx Date
Jul 10, 2023
Cash Dividend
Ex DateEx DateJan 31, 2023
Dividend/Share
₹20.00
Ex DateEx Date
Jan 31, 2023
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
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
LTIMindtree has allotted 101,628 equity shares under ESOS to the LTIMindtree Employee Welfare Trust. Powered by Capital Market - Live
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
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
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
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
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
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
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
Higher than Industry Revenue Growth
Over the last 5 years, revenue has grown at a yearly rate of 30.02%, vs industry avg of 11.41%
Increasing Market Share
Over the last 5 years, market share increased from 2.06% to 4.61%
Higher than Industry Net Income
Over the last 5 years, net income has grown at a yearly rate of 24.76%, vs industry avg of 9.23%