
IT - Software
Valuation | |
|---|---|
| Market Cap | 1.34 LCr |
| Price/Earnings (Trailing) | 28.07 |
| Price/Sales (Trailing) | 3.18 |
| EV/EBITDA | 16.96 |
| Price/Free Cashflow | 45.09 |
| MarketCap/EBT | 20.74 |
| Enterprise Value | 1.32 LCr |
Fundamentals | |
|---|---|
| Revenue (TTM) | 41.96 kCr |
| Rev. Growth (Yr) | 11.5% |
| Earnings (TTM) | 4.72 kCr |
| Earnings Growth (Yr) | -11.7% |
Profitability | |
|---|---|
| Operating Margin | 17% |
| EBT Margin | 15% |
| Return on Equity | 20.15% |
| Return on Assets | 14.52% |
| Free Cashflow Yield | 2.22% |
Growth & Returns | |
|---|---|
| Price Change 1W | -9.2% |
| Price Change 1M | -24.2% |
| Price Change 6M | -12.3% |
| Price Change 1Y | -9.2% |
| 3Y Cumulative Return | -1.9% |
| 5Y Cumulative Return | 4.6% |
| 7Y Cumulative Return | 14.8% |
Cash Flow & Liquidity | |
|---|---|
| Cash Flow from Investing (TTM) | -1.74 kCr |
| Cash Flow from Operations (TTM) | 4.55 kCr |
| Cash Flow from Financing (TTM) | -2.57 kCr |
| Cash & Equivalents | 1.92 kCr |
| Free Cash Flow (TTM) | 3.6 kCr |
| Free Cash Flow/Share (TTM) | 121.35 |
Balance Sheet | |
|---|---|
| Total Assets | 32.52 kCr |
| Total Liabilities | 9.08 kCr |
| Shareholder Equity | 23.44 kCr |
| Current Assets | 22.92 kCr |
| Current Liabilities | 6.58 kCr |
| Net PPE | 4.29 kCr |
| Inventory | 3.1 Cr |
| Goodwill | 1.26 kCr |
Capital Structure & Leverage | |
|---|---|
| Debt Ratio | 0.00 |
| Debt/Equity | 0.00 |
| Interest Coverage | 22.14 |
| Interest/Cashflow Ops | 17.3 |
Dividend & Shareholder Returns | |
|---|---|
| Dividend/Share (TTM) | 67 |
| Dividend Yield | 1.49% |
| Shares Dilution (1Y) | 0.10% |
| Shares Dilution (3Y) | 0.20% |
Buy Backs: Company has bought back it's stock in the past which is a good thing.
Size: It is among the top 200 market size companies of india.
Technicals: Bullish SharesGuru indicator.
Balance Sheet: Strong Balance Sheet.
Smart Money: Smart money is taking extra interest in the stock as they increase their holdings.
Profitability: Recent profitability of 11% is a good sign.
Growth: Good revenue growth. With 83.6% growth over past three years, the company is going strong.
Momentum: Stock is suffering a negative price momentum. Stock is down -24.2% in last 30 days.
Past Returns: Underperforming stock! In past three years, the stock has provided -1.9% return compared to 13.6% by NIFTY 50.
Buy Backs: Company has bought back it's stock in the past which is a good thing.
Size: It is among the top 200 market size companies of india.
Technicals: Bullish SharesGuru indicator.
Balance Sheet: Strong Balance Sheet.
Smart Money: Smart money is taking extra interest in the stock as they increase their holdings.
Profitability: Recent profitability of 11% is a good sign.
Growth: Good revenue growth. With 83.6% growth over past three years, the company is going strong.
Momentum: Stock is suffering a negative price momentum. Stock is down -24.2% in last 30 days.
Past Returns: Underperforming stock! In past three years, the stock has provided -1.9% return compared to 13.6% by NIFTY 50.
Investor Care | |
|---|---|
| Dividend Yield | 1.49% |
| Dividend/Share (TTM) | 67 |
| Shares Dilution (1Y) | 0.10% |
| Earnings/Share (TTM) | 160.46 |
Financial Health | |
|---|---|
| Current Ratio | 3.48 |
| Debt/Equity | 0.00 |
Technical Indicators | |
|---|---|
| RSI (14d) | 14.09 |
| RSI (5d) | 10.15 |
| RSI (21d) | 13.41 |
| MACD Signal | Sell |
| Stochastic Oscillator Signal | Buy |
| SharesGuru Signal | Buy |
| RSI Signal | Buy |
| RSI5 Signal | Buy |
| RSI21 Signal | Buy |
| SMA 5 Signal | Sell |
| SMA 10 Signal |
Updated Feb 10, 2026
LTIMindtree's shares dropped by 7.57%, along with other major players like Infosys and Tech Mahindra.
The overall BSE IT index fell by 5.83%, reflecting a broader market shift as investors move away from high-value tech stocks.
The downturn has positioned IT stocks as the largest drag on market performance, negatively impacting companies like LTIMindtree.
Summary of LTIMindtree's latest earnings call, featuring management's outlook on business performance, financial results, and analyst Q&A sessions that highlight key strategic initiatives and market challenges.
In the Q3 FY2026 earnings conference call, LTIMindtree's management provided an optimistic outlook for the company's future. CEO Venu Lambu indicated confidence in continued growth momentum, emphasizing that the progress achieved over the last three quarters should carry through the remainder of the fiscal year. He highlighted that this optimism is reinforced by improved deal momentum and traction across AI-led offerings. Management also hinted at a strategic repositioning of the brand aimed at improving competitiveness in the marketplace and delivering tangible outcomes for clients.
Key forward-looking points mentioned include:
Revenue Growth: The company expects to close Q4 with a near double-digit year-over-year growth rate, building on the current 6.1% year-on-year revenue growth reported in Q3, which amounted to USD 1.21 billion.
Order Inflow: In Q3, LTIMindtree reported an order inflow of USD 1.7 billion, a 6.4% increase quarter-on-quarter, indicating strong future revenue potential.
Strategic Initiatives: The launch of the "New Horizons" program is set for FY2027, aimed at driving transformation focused on both growth and cost discipline, with a commitment to operational efficiencies and margin improvements.
Client Portfolio Diversification: The CEO noted that client concentration is decreasing, with revenue shares from top accounts reducing from 20-23% last year to 18-19%, enhancing the stability of revenues.
AI Capabilities: Continuous investment in AI-focused capabilities is central to their strategy, with a commitment to increasing revenues driven by AI-led service offerings, which have shown significant growth potential.
Overall, management is cautiously optimistic about sustaining growth and enhancing margins, with plans to present more detailed strategies in future updates.
Understand LTIMindtree ownership landscape with insights into key distribution patterns, offering investors a clear view of stakeholder dynamics.
| Shareholder Name | Holding % |
|---|---|
| LARSEN & TOUBRO LIMITED | 68.53% |
| Global Infotech Corporation | 0% |
| P. Murphy & Associates Inc | 0% |
| PANIPAT GREEN HYDROGEN PRIVATE LIMITED | 0% |
| RAYKAL ALUMINIUM COMPANY PRIVATE LIMITED | 0% |
| L&T MBDA MISSILE SYSTEMS LIMITED | 0% |
| LTH MILCOM PRIVATE LIMITED | 0% |
Detailed comparison of LTIMindtree against industry peers, highlighting key financial metrics, valuation ratios, and performance indicators to provide competitive context within the sector.
Ticker | Name | Mkt Cap | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
|---|---|---|---|---|---|---|---|---|---|
| TCS | Tata Consultancy Services | 9.58 LCr | 2.65 LCr | -16.20% | -27.00% | 20.08 | 3.61 | - | - |
| INFY | Infosys | 5.23 LCr | 1.78 LCr |
LTIMindtree is a Computers - Software & Consulting company with the stock ticker LTIM.
It boasts a market capitalization of Rs. 132,934.6 Crores and is recognized as a technology consulting and digital solutions provider. The company offers a range of information technology services and solutions not just in India, but also across North America, Europe, and other international markets.
LTIMindtree operates through various sectors, including:
Its service offerings encompass cloud and infrastructure, consulting, cyber security, data and insights, digital engineering, enterprise applications, platform operations, robotic process automation (RPA), and testing services. The company caters to numerous industries such as:
Previously known as Larsen & Toubro Infotech Limited, the company adopted the name LTIMindtree Limited in November 2022. Founded in 1996 and based in Mumbai, India, LTIMindtree operates as a subsidiary of Larsen & Toubro Limited.
The company recorded a trailing 12 months revenue of Rs. 38,075.4 Crores and has shown a profit of Rs. 4,574.1 Crores over the past four quarters. It also distributes dividends to investors, with a yield of 1.89% per year, having returned Rs. 85 per share in the last year. However, it's worth noting that LTIMindtree has diluted shareholdings by 69.1% in the past three years, despite demonstrating an impressive revenue growth of 152.6% during the same period.
This is an informational page just to provide a quick 'first look' at the stock. You must do your own deeper research. Know your risk appetite. Consult a SEBI-registered financial advisor before making any investment decisions.
| SMA 20 Signal | Sell |
| SMA 50 Signal | Sell |
| SMA 100 Signal | Sell |
LTIMindtree has been recognized as a Leader in the Everest Group Payments IT Services PEAK Matrix® Assessment 2025, highlighting its role as a strategic transformation partner.
General • 27 Feb 2026 Our Trading symbol and Scrip id (in the Bolt Plus system) have changed from LTIM to ''LTM'' effective today. |
Press Release / Media Release • 26 Feb 2026 Intimation attached |
Award of Order / Receipt of Order • 23 Feb 2026 Intimation Attached |
Newspaper Publication • 20 Feb 2026 Intimation attached |
Press Release / Media Release • 19 Feb 2026 Intimation attached |
Press Release / Media Release • 16 Feb 2026 Intimation attached |
This information is AI-generated and may contain inaccuracies. Please verify from multiple sources.
Here are the major questions asked during the Q&A section of the LTIMindtree earnings conference call, along with detailed responses provided by the management:
Question: "With the current numbers, do you think we're still targeting for double-digit YoY growth in Q4? What is driving the decline in top five clients?"
Answer: We reported 6.1% year-on-year growth this quarter. Our plan to approach double-digit growth remains unchanged, and we feel we're close to achieving it. Regarding the decline in our top five clients, they are undergoing productivity journeys, impacting our short-term results. However, we're still growing overall and expect one client to complete its transition soon, after which we anticipate improved performance in this segment.
Question: "When will the wage hikes occur and is there more potential for margin expansion beyond reported margins?"
Answer: Our wage hikes will start in Q4, implemented over two quarters, affecting about 50% of employees. As for margins, while we're sunsetting the Fit4Future initiative, we're launching "New Horizons," which will focus on both growth and operational efficiency. We see potential for further margin improvement as we continue our cost discipline efforts.
Question: "What has been the mix of renewals versus new deals and any changes in deal tenure?"
Answer: Our renewals now represent strategic engagements, often involving the reimagining of vendor ecosystems. The average deal tenure remains stable at three to five years, with a notable focus on winning wallet share from competitors.
Question: "How do you view the demand outlook in the BFSI, Consumer, and High-Tech verticals for 2026?"
Answer: In BFSI, we anticipate that the top client's productivity journey will complete in Q4, enabling growth across the board. The Consumer sector shows potential with ongoing engagements, while High-Tech has stabilized, setting a foundation for future growth.
Question: "Is the impact from the labor code significant compared to peers?"
Answer: Our labor code impact is indeed higher than peers due to specific accounting differences. While this one-time impact was substantial at around 5.5% of revenue, we do not expect material recurring effects going forward.
Question: "How are you managing client concentration risk, especially with large accounts?"
Answer: Client concentration risk is actively decreasing; our revenue share from the top two accounts has fallen from 20-23% to around 18-19%. We're investing in growth across a diverse set of clients, and our recent deals indicate expanding opportunities.
Question: "What is the pipeline for large, mega deals?"
Answer: Our pipeline for large deals remains stable and promising. The focus on innovative solutions and delivery models has differentiated us in winning these deals, and we expect to maintain this momentum in future quarters.
Question: "What are your thoughts on the sustainability of double-digit growth entering next year?"
Answer: While we strive for strong growth and aim for near double digits this year, market uncertainties make precise forecasting challenging. We remain focused on strong execution and intent to report positively in our upcoming quarterly results.
| GH4 INDIA PRIVATE LIMITED | 0% |
| L&T SAPURA SHIPPING PRIVATE LIMITED | 0% |
| HYDROCARBON ARABIA LIMITED COMPANY | 0% |
| INDIRAN ENGINEERING PROJECTS AND SYSTEMS KISH (LLC) | 0% |
| L&T HOWDEN PRIVATE LIMITED | 0% |
| L&T-MHI POWER BOILERS PRIVATE LIMITED | 0% |
| L&T-MHI POWER TURBINE GENERATORS PRIVATE LIMITED | 0% |
| L&T-SARGENT & LUNDY LIMITED | 0% |
| GUJARAT LEATHER INDUSTRIES LIMITED | 0% |
| MAGTORQ PRIVATE LIMITED | 0% |
| L&T CAMP FACILITIES LLC | 0% |
| Larsen & Toubro Qatar & HBK Contracting Co. WLL | 0% |
| Indian Foundation for Quality Management | 0% |
Distribution across major stakeholders
Distribution across major institutional holders
| -27.10% |
| 19.07 |
| 2.94 |
| - |
| - |
| HCLTECH | HCL Tech | 3.73 LCr | 1.28 LCr | -20.20% | -16.00% | 22.6 | 2.91 | - | - |
| WIPRO | Wipro | 2.11 LCr | 95.1 kCr | -14.40% | -31.00% | 15.87 | 2.22 | - | - |
| TECHM | Tech Mahindra | 1.33 LCr | 55.53 kCr | -22.00% | -14.60% | 26.1 | 2.4 | - | - |
High Scoring Large Cap stocks have outperformed low scoring stocks by 90% over last 4 years
High Scoring Large Cap stocks have outperformed low scoring stocks by 90% over last 4 years
| Exceptional items before tax |
| - |
| -590.3 |
| 0 |
| 0 |
| 0 |
| 0 |
| - |
| Total profit before tax | -30.6% | 1,305 | 1,879 | 1,726 | 1,529 | 1,472 | - |
| Current tax | -29% | 366 | 515 | 460 | 373 | 370 | - |
| Deferred tax | -19.4% | -20.5 | -17 | 11 | 28 | 16 | - |
| Total tax | -30.8% | 345 | 498 | 472 | 401 | 386 | - |
| Total profit (loss) for period | -30.5% | 960 | 1,381 | 1,255 | 1,129 | 1,087 | - |
| Other comp. income net of taxes | 93.8% | -41.8 | -689.7 | 52 | 285 | -304.4 | - |
| Total Comprehensive Income | 32.7% | 918 | 692 | 1,306 | 1,414 | 782 | - |
| Earnings Per Share, Basic | -31.4% | 32.75 | 47.28 | 42.33 | 38.1 | 36.65 | - |
| Earnings Per Share, Diluted | -31.4% | 32.71 | 47.23 | 42.28 | 38.04 | 36.59 | - |
| 19% |
| 904 |
| 760 |
| 639 |
| 288 |
| 267 |
| 208 |
| Other expenses | 12% | 7,916 | 7,067 | 6,678 | 3,039 | 2,254 | 2,336 |
| Total Expenses | 9% | 31,688 | 29,084 | 26,888 | 11,985 | 9,396 | 8,599 |
| Profit Before exceptional items and Tax | 1.5% | 5,969 | 5,879 | 5,588 | 3,010 | 2,391 | 2,007 |
| Total profit before tax | 1.5% | 5,969 | 5,879 | 5,588 | 3,010 | 2,391 | 2,007 |
| Current tax | 8.2% | 1,506 | 1,392 | 1,383 | 770 | 584 | 353 |
| Deferred tax | 1775% | 16 | 1.8 | -51.5 | -20.1 | 20 | 102 |
| Total tax | 9.2% | 1,522 | 1,394 | 1,332 | 750 | 604 | 455 |
| Total profit (loss) for period | -0.9% | 4,446 | 4,486 | 4,256 | 2,261 | 1,787 | 1,552 |
| Other comp. income net of taxes | -110.2% | -48.6 | 485 | -683.4 | 64 | 439 | -438.1 |
| Total Comprehensive Income | -11.5% | 4,398 | 4,971 | 3,573 | 2,325 | 2,226 | 1,114 |
| Earnings Per Share, Basic | -1% | 150.15 | 151.6 | 143.93 | 129.14 | 102.45 | 89.31 |
| Earnings Per Share, Diluted | -0.9% | 149.87 | 151.24 | 143.7 | 128.77 | 101.79 | 88.45 |
| 5.1% |
| 4,042 |
| 3,846 |
| 1,753 |
| 1,625 |
| 1,695 |
| 2,148 |
| Capital work-in-progress | 8.5% | 611 | 563 | 486 | 464 | 131 | 813 |
| Investment property | - | 0 | 0 | 2,083 | 1,820 | 1,394 | 0 |
| Goodwill | 0% | 629 | 629 | 629 | 629 | 629 | 476 |
| Non-current investments | -20% | 2,387 | 2,983 | 2,611 | 2,450 | 1,538 | 1,379 |
| Loans, non-current | - | 0 | 0 | 0 | 0 | 0 | 0 |
| Total non-current financial assets | -23.5% | 2,605 | 3,403 | 2,976 | 2,909 | 1,870 | 1,558 |
| Total non-current assets | -2.7% | 9,045 | 9,295 | 8,854 | 8,276 | 6,613 | 5,946 |
| Total assets | 5.7% | 30,878 | 29,217 | 27,460 | 26,458 | 23,911 | 22,456 |
| Borrowings, non-current | - | 0 | 0 | 1,892 | 1,642 | 1,319 | 0 |
| Total non-current financial liabilities | 24.4% | 2,270 | 1,825 | 1,944 | 1,674 | 1,357 | 1,318 |
| Provisions, non-current | 10.5% | 22 | 20 | 17 | 16 | 38 | 35 |
| Total non-current liabilities | 24.2% | 2,292 | 1,845 | 1,961 | 1,690 | 1,395 | 1,352 |
| Borrowings, current | - | 0 | 0 | 318 | 289 | 226 | 0 |
| Total current financial liabilities | 9.7% | 3,397 | 3,097 | 2,797 | 3,231 | 3,116 | 3,090 |
| Provisions, current | 9.3% | 991 | 907 | 895 | 795 | 784 | 770 |
| Current tax liabilities | 209.1% | 205 | 67 | 205 | 132 | 173 | 155 |
| Total current liabilities | 10.5% | 6,122 | 5,538 | 5,224 | 5,469 | 5,127 | 5,104 |
| Total liabilities | 14% | 8,414 | 7,383 | 7,186 | 7,159 | 6,522 | 6,457 |
| Equity share capital | 0% | 30 | 30 | 30 | 30 | 30 | 30 |
| Total equity | 2.9% | 22,464 | 21,834 | 20,275 | 19,298 | 17,388 | 15,999 |
| Total equity and liabilities | 5.7% | 30,878 | 29,217 | 27,460 | 26,458 | 23,911 | 22,456 |
| 2.7% |
| 1,555 |
| 1,514 |
| 1,475 |
| 751 |
| - |
| - |
| Net Cashflows From Operating Activities | -26.9% | 4,040 | 5,530 | 2,884 | 1,607 | - | - |
| Cashflows used in obtaining control of subsidiaries | - | 103 | 0 | 149 | 45 | - | - |
| Proceeds from sales of PPE | 77.8% | 17 | 10 | 6.1 | 3.4 | - | - |
| Purchase of property, plant and equipment | 9.1% | 868 | 796 | 906 | 755 | - | - |
| Cash receipts from repayment of advances and loans made to other parties | -67.6% | 12 | 35 | 45 | 0.9 | - | - |
| Interest received | 40.6% | 354 | 252 | 129 | 35 | - | - |
| Other inflows (outflows) of cash | 53.5% | -1 | -3.3 | 636 | -49.8 | - | - |
| Net Cashflows From Investing Activities | 55.9% | -1,688 | -3,832.5 | -238.9 | -668.7 | - | - |
| Proceeds from issuing shares | 1150% | 3.5 | 1.2 | 0 | 0 | - | - |
| Proceeds from exercise of stock options | - | 0 | 0 | 1.2 | 0 | - | - |
| Payments of lease liabilities | 22.3% | 297 | 243 | 323 | 159 | - | - |
| Dividends paid | 8.5% | 1,925 | 1,775 | 1,563 | 875 | - | - |
| Interest paid | 28.6% | 262 | 204 | 35 | 4.1 | - | - |
| Other inflows (outflows) of cash | -161.2% | -34.5 | 59 | -60.4 | -8.9 | - | - |
| Net Cashflows from Financing Activities | -16.3% | -2,514.8 | -2,162.6 | -1,979.9 | -1,046.9 | - | - |
| Effect of exchange rate on cash eq. | 600% | 14 | -1.6 | 62 | -10.2 | - | - |
| Net change in cash and cash eq. | 67.8% | -149.6 | -467.1 | 728 | -118.9 | - | - |
General • 11 Feb 2026 CEO''s message to shareholders attached |
Analysis of LTIMindtree's financial performance, highlighting revenue trends, growth patterns, and key metrics through quarterly analysis.
Last Updated: Dec 31, 2025
| Description | Share | Value |
|---|---|---|
| Banking, Financial Services & Insurance | 35.1% | 3.8 kCr |
| Technology, Media & Communications | 22.2% | 2.4 kCr |
| Manufacturing & Resources |
| 20.8% |
| 2.2 kCr |
| Consumer Business | 15.4% | 1.7 kCr |
| Healthcare, Life Sciences & Public Services | 6.5% | 699.1 Cr |
| Total | 10.8 kCr |