LTIMindtree Ltd
LTIMLTIMindtree Ltd
LTIM![](https://assets.tickertape.in/sector-icons/information_technology.png)
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Price Chart
Scorecard
Performance
LowHasn't fared well - amongst the low performers
Valuation
HighSeems to be overvalued vs the market average
Growth
LowLagging behind the market in financials growth
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 |
---|---|---|
36.31 | 8.28 | 1.16% |
Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
---|---|---|
34.39 | 9.25 | 1.69% |
Forecast & Ratings
Detailed Forecast from 33 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.
Peers
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 ₹
All values in ₹
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 | 36,754.90 | ||||||||||
Raw Materials | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 29,599.50 | ||||||||||
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 | 7,155.40 | ||||||||||
Depreciation/Amortization | 174.00 | 177.90 | 156.30 | 147.20 | 273.00 | 332.50 | 597.10 | 722.70 | 818.90 | 869.40 | ||||||||||
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 | 6,286.00 | ||||||||||
Interest & Other Items | 5.80 | 3.20 | 15.70 | 10.60 | 82.60 | 78.80 | 123.40 | 150.40 | 221.70 | 248.10 | ||||||||||
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 | 6,037.90 | ||||||||||
Taxes & Other Items | 198.40 | 265.10 | 329.50 | 511.90 | 482.80 | 652.10 | 1,345.60 | 1,383.20 | 1,466.60 | 1,473.50 | ||||||||||
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 | 4,564.40 | ||||||||||
EPS | 50.52 | 57.04 | 64.92 | 87.75 | 87.45 | 110.99 | 167.89 | 149.08 | 154.85 | 154.20 | ||||||||||
DPS | 35.25 | 16.55 | 21.50 | 28.00 | 28.00 | 40.00 | 55.00 | 60.00 | 65.00 | 105.00 | ||||||||||
Payout ratio | 0.70 | 0.29 | 0.33 | 0.32 | 0.32 | 0.36 | 0.33 | 0.40 | 0.42 | 0.68 |
Company Updates
Peers & Comparison
Information TechnologyIT Services & Consulting
Valuation
Technical
Forecast
Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
---|---|---|---|
LTIMindtree Ltd | 36.17 | 8.28 | 1.16% |
Tata Consultancy Services Ltd | 34.07 | 17.13 | 1.69% |
Infosys Ltd | 28.81 | 8.54 | 2.52% |
HCL Technologies Ltd | 27.36 | 6.29 | 3.28% |
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
Sep 2023
Dec 2023
Mar 2024
Jun 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 Flexi Cap Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.6922% | Percentage of the fund’s portfolio invested in the stock 4.47% | Change in the portfolio weight of the stock over the last 3 months -0.19% | 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 3/69 (0) |
ICICI Prudential Technology Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.4058% | Percentage of the fund’s portfolio invested in the stock 5.31% | Change in the portfolio weight of the stock over the last 3 months 0.55% | 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 6/69 (0) |
Tata Digital India Fund Direct Plan Growth Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.3489% | Percentage of the fund’s portfolio invested in the stock 6.27% | Change in the portfolio weight of the stock over the last 3 months 0.23% | 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 5/36 (0) |
Compare 3-month MF holding change on Screener
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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 1.16%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹11.61 every year
Dividends
Corp. Actions
Announcements
Legal Orders
Upcoming Dividends
No upcoming dividends are available
Past Dividends
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
Cash Dividend
Ex DateEx DateJun 30, 2022
Dividend/Share
₹30.00
Ex DateEx Date
Jun 30, 2022
Revenue from operations rose 2.8% QoQ to Rs 9,142.6 crore in Q1 FY25. As compared with Q1 FY24, the company's net profit declined 1.5% and revenue jumped 5.1%. Profit before tax (PBT) stood at Rs 1,525.6 crore in Q1 FY25, up 5.34% QoQ and 0.7% YoY. In Q1 FY25, EBITDA was at Rs 1606.1 crore, down 1.8% YoY. EBITDA margin fell to 17.6% in Q1 FY25 as against 18.8% in Q1 FY24. In dollar terms, the IT firm's revenue stood at $ 1,096.2 million in Q1 FY25 up 2.5% QoQ and 3.5% YoY. Net profit was at $ 136.1 million, up 2.8% QoQ and down 2.9% YoY. In constant currency terms, revenue grew 2.6% QoQ and 3.7% YoY. The company said that it added 27 new clients during the quarter ended 30 June 2024. Total client base currently stood at 748 active clients. Total headcount in Q1 FY25 was 81,934. The firm's TTM attrition rate stood at 14.4% in Q1 FY25. Debashis Chatterjee, chief executive officer and managing director, said, 'While the environment remains unchanged, fiscal 25 started on a positive note for us with Q1FY25 revenue of $1.1 billion, registering a 2.5% QoQ and 3.5% YoY revenue growth in $ terms. Our Q1FY25 EBIT expanded to 15% and order inflow remained stable at $1.4 billion. Our top 3 industry verticals and our largest geography have performed well sequentially. This is attributed to a measured uptick in IT spending for critical initiatives with clients balancing innovation and fiscal prudence.' Meanwhile, the company's board approved to setup a wholly owned subsidiary in Brazil with an initial investment of $1 million in one or more tranches. LTIMindtree 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. LTIMindtree 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. Powered by Capital Market - Live
Net profit of LTIMindtree declined 1.54% to Rs 1133.80 crore in the quarter ended June 2024 as against Rs 1151.50 crore during the previous quarter ended June 2023. Sales rose 5.06% to Rs 9142.60 crore in the quarter ended June 2024 as against Rs 8702.10 crore during the previous quarter ended June 2023. ParticularsQuarter EndedJun. 2024Jun. 2023% Var. Sales9142.608702.10 5 OPM %17.5718.79 - PBDT1760.801721.10 2 PBT1525.601536.40 -1 NP1133.801151.50 -2 Powered by Capital Market - Live
Revenue from operations increased 2.8% QoQ to Rs 9,142.6 crore in Q1 FY25. As compared with Q1 FY24, the company's net profit declined 1.5% and revenue jumped 5.1%. Profit before tax (PBT) stood at Rs 1,525.6 crore in Q1 FY25, up 5.34% QoQ and 0.7% YoY. In Q1 FY25, EBITDA was at Rs 1606.1 crore, down 1.8% YoY. EBITDA margin fell to 17.6% in Q1 FY25 as against 18.8% in Q1 FY24. In dollar terms, the IT firm's revenue stood at $ 1,096.2 million in Q1 FY25 up 2.5% QoQ and 3.5% YoY. Net profit was at $ 136.1 million, up 2.8% QoQ and down 2.9% YoY. In constant currency terms, revenue grew 2.6% QoQ and 3.7% YoY. The company said that it added 27 new clients during the quarter ended 30 June 2024. Total client base currently stood at 748 active clients. Total headcount in Q1 FY25 was 81,934. The firm's TTM attrition rate stood at 14.4% in Q1 FY25. Debashis Chatterjee, chief executive officer and managing director, said, 'While the environment remains unchanged, fiscal 25 started on a positive note for us with Q1FY25 revenue of $1.1 billion, registering a 2.5% QoQ and 3.5% YoY revenue growth in $ terms. Our Q1FY25 EBIT expanded to 15% and order inflow remained stable at $1.4 billion. Our top 3 industry verticals and our largest geography have performed well sequentially. This is attributed to a measured uptick in IT spending for critical initiatives with clients balancing innovation and fiscal prudence.' Meanwhile, the company's board approved to setup a wholly owned subsidiary in Brazil with an initial investment of $1 million in one or more tranches. LTIMindtree 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. LTIMindtree 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 counter advanced 1.53% to ends at Rs 5,561.65 on 16 July 2024. The domestic market is closed today on account of Moharram.Powered by Capital Market - Live
S N Subrahmanyan appointed chairman of LTIMindtree as A M Naik steps down
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HCLTech corporate VP Sukamal Banerjee joins Xoriant as CEO
![](https://pocket-image-cache.com/direct?url=http://img.etimg.com/thumb/msid-98684692,width-1070,height-580,imgsize-11914,overlay-ettech/photo.jpg)
All digital transformation deals on track: LTIMindtree CEO Debashis Chatterjee
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Indian PE firm ChrysCapital expands tech portfolio with California-based Xoriant acquisition
![](https://pocket-image-cache.com/direct?url=http://akm-img-a-in.tosshub.com/businesstoday/images/story/202301/5c8a3816bf769-sixteen_nine.jpeg)
M&A activity with an India angle hit a record $171 billion in 2022
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LTIMindtree director Venu Lambu quits
![](https://pocket-image-cache.com/direct?url=http://img.etimg.com/thumb/msid-96713622,width-1070,height-580,imgsize-23462,overlay-ettech/photo.jpg)
LTIMindtree’s Markets President Venugopal Lambu resigns
![](https://pocket-image-cache.com/direct?url=http://akm-img-a-in.tosshub.com/businesstoday/images/story/202301/lti_mindtree-sixteen_nine.jpg)
Higher than Industry Revenue Growth
Over the last 5 years, revenue has grown at a yearly rate of 30.02%, vs industry avg of 11.53%
Increasing Market Share
Over the last 5 years, market share increased from 2.06% to 4.63%
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 8.37%