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LTM Ltd

LTM
NSE
4,269.60
1.24%
Last Updated:
30 Apr '26, 4:00 PM
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LTM Ltd

LTM
NSE
4,269.60
1.24%
30 Apr '26, 4:00 PM
Company Overview
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6M
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Quick Ratios

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Mkt Cap
Market Capitalization
1,26,645Cr
Close
Close Price
4,269.60
Industry
Industry
IT - Software
PE
Price To Earnings
25.21
PS
Price To Sales
2.99
Revenue
Revenue
42,308Cr
Rev Gr TTM
Revenue Growth TTM
11.31%
PAT Gr TTM
PAT Growth TTM
8.27%
Peer Comparison
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Quarterly Results

Consolidated
Standalone
Numbers
Percentage
QuarterJun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Revenue
RevenueCr
8,7028,9059,0178,8939,1439,4339,6619,7729,84110,39410,78111,292
Growth YoY
Revenue Growth YoY%
13.88.24.62.35.15.97.29.97.610.211.615.6
Expenses
ExpensesCr
7,0677,2747,4327,3577,5377,7348,0688,1768,1918,4648,7789,319
Operating Profit
Operating ProfitCr
1,6361,6311,5851,5361,6061,6991,5931,5961,6491,9302,0031,973
OPM
OPM%
18.818.317.617.317.618.016.516.316.818.618.617.5
Other Income
Other IncomeCr
132143220208227299213251392300-363237
Interest Expense
Interest ExpenseCr
464761687270696772696965
Depreciation
DepreciationCr
185208199227235241264251243282266264
PBT
PBTCr
1,5361,5191,5451,4481,5261,6871,4731,5291,7261,8791,3051,881
Tax
TaxCr
384357375348391435386401472498345494
PAT
PATCr
1,1521,1621,1691,1011,1351,2521,0871,1291,2551,3819601,387
Growth YoY
PAT Growth YoY%
4.1-2.316.9-1.2-1.57.7-7.12.510.510.3-11.722.9
NPM
NPM%
13.213.113.012.412.413.311.311.612.813.38.912.3
EPS
EPS
38.939.339.537.238.342.336.638.142.347.332.847.0

Profit & Loss

Consolidated
Standalone
Numbers
Percentage
Financial YearMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Revenue
RevenueCr
4,9785,8466,5017,3079,44610,87912,37026,10933,18335,51738,00842,308
Growth
Revenue Growth%
17.411.212.429.315.213.7111.127.17.07.011.3
Expenses
ExpensesCr
3,9744,8225,2716,1197,5638,8499,64520,86027,07529,13031,51334,752
Operating Profit
Operating ProfitCr
1,0041,0251,2301,1871,8832,0292,7255,2496,1086,3876,4957,555
OPM
OPM%
20.217.518.916.319.918.622.020.118.418.017.117.9
Other Income
Other IncomeCr
92190187426302329274766557702990566
Interest Expense
Interest ExpenseCr
106316118379123150222279276
Depreciation
DepreciationCr
1581741781561472733335977238199921,054
PBT
PBTCr
9371,0351,2361,4422,0282,0032,5885,2945,7926,0496,2146,791
Tax
TaxCr
1681982653295124826501,3441,3811,4641,6121,808
PAT
PATCr
7698379711,1121,5161,5211,9383,9504,4104,5854,6024,983
Growth
PAT Growth%
8.816.114.636.20.327.5103.811.74.00.48.3
NPM
NPM%
15.414.314.915.216.014.015.715.113.312.912.111.8
EPS
EPS
47.751.057.164.987.787.5111.0133.7149.1154.8155.3169.3

Balance Sheet

Consolidated
Standalone
Numbers
Percentage
Financial YearMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital
Equity CapitalCr
161717171717183030303030
Reserves
ReservesCr
2,0102,1083,1273,8434,8765,3877,28614,25816,56319,98822,66923,995
Current Liabilities
Current LiabilitiesCr
9299891,2441,3431,6462,3312,6325,0925,4835,7435,9669,784
Non Current Liabilities
Non Current LiabilitiesCr
10248461451281,0897701,1971,4141,7931,9533,305
Total Liabilities
Total LiabilitiesCr
3,0583,1624,4345,3506,6698,82510,70920,58223,49627,56330,63037,196
Current Assets
Current AssetsCr
2,1042,0203,3294,1655,1706,3298,13114,93917,18618,84620,93827,697
Non Current Assets
Non Current AssetsCr
9541,1421,1061,1851,4992,4962,5785,6446,3108,7179,6929,499
Total Assets
Total AssetsCr
3,0583,1624,4345,3506,6698,82510,70920,58223,49627,56330,63037,196

Cash Flow

Consolidated
Standalone
Financial YearMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Operating Cash Flow
Operating Cash FlowCr
6428591,1708441,3951,6442,4003,2513,0955,6704,5464,799
Investing Cash Flow
Investing Cash FlowCr
-103-44-952-461-744-652-1,656-1,645-331-3,912-1,738-1,768
Financing Cash Flow
Financing Cash FlowCr
-497-817-33-408-594-890-509-1,680-1,932-2,269-2,574-2,926
Net Cash Flow
Net Cash FlowCr
42-3185-2457102235-75832-511233105
Free Cash Flow
Free Cash FlowCr
4487441,1017461,2421,4012,1332,1982,1604,8373,612
CFO To PAT
CFO To PAT%
83.5102.6120.575.892.1108.1123.882.370.2123.798.896.3
CFO To EBITDA
CFO To EBITDA%
63.983.895.171.174.181.088.161.950.788.870.063.5

Ratios

Consolidated
Standalone
Financial YearMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Valuation Ratios
Valuation Ratios
Market Cap
Market CapitalizationCr
0012,13123,06829,22324,91170,7391,07,9141,40,7521,46,1911,33,1031,19,055
Price To Earnings
Price To Earnings
0.00.012.920.719.316.436.646.231.931.928.923.7
Price To Sales
Price To Sales
0.00.01.93.23.12.35.74.14.24.13.52.8
Price To Book
Price To Book
0.00.03.96.06.04.69.712.88.57.35.95.0
EV To EBITDA
EV To EBITDA
0.0-0.29.619.115.312.526.020.322.622.820.315.4
Profitability Ratios
Profitability Ratios
GPM
GPM%
98.5100.0100.0100.0100.0100.0100.0100.0100.0100.0100.092.3
OPM
OPM%
20.217.518.916.319.918.622.020.118.418.017.117.9
NPM
NPM%
15.414.314.915.216.014.015.715.113.312.912.111.8
ROCE
ROCE%
42.548.139.437.841.633.032.937.335.128.426.129.4
ROE
ROE%
37.939.430.928.831.028.126.527.626.622.920.320.7
ROA
ROA%
25.126.421.920.822.717.218.119.218.816.615.013.4
Operational Ratios
Operational Ratios
Solvency Ratios
Solvency Ratios
Liquidity Ratios
Liquidity Ratios
### **Company Overview** LTIMindtree Ltd is a global technology consulting and digital solutions company formed in 2022 through the merger of **Larsen & Toubro Infotech (LTI)** and **Mindtree**, both subsidiaries of the **Larsen & Toubro (L&T) Group**. Headquartered in India, the company combines deep engineering heritage with digital innovation to serve over **850 global clients**, including more than **100 Fortune 500 enterprises**, across 41 countries. With a workforce of over **84,000 professionals**, LTIMindtree offers end-to-end digital transformation services, positioning itself as a full-spectrum partner across core enterprise systems, customer experience, and emerging technologies. --- ### **Strategic Direction & Vision** LTIMindtree is executing a **strategic pivot toward AI-first services**, structured around three core pillars: - **AI in Everything**: Embedding AI across all service lines. - **Everything for AI**: Building platforms and capabilities specifically for AI-driven clients. - **AI for Everyone**: Democratizing AI access across organizational levels. The company aims to achieve **$10 billion in revenue** through innovation-led growth in key areas such as **Data & AI, Cloud, Digital Engineering, Quality Engineering, and Enterprise Applications**. --- ### **Core Service Offerings** LTIMindtree provides industry-specific digital solutions across the following verticals and capabilities: #### **1. Digital Transformation & Enterprise Applications** - **SAP Services**: One of the largest SAP practices globally with over **10,500 SAP professionals**, including 3,000+ certified experts. Recognized as an **SAP Global Strategic Services Partner (GSSP)** and first to secure **SAP VPUC certification for Gen AI solutions**. - **Oracle**: Over **5,000 Oracle-certified professionals**, with proprietary platforms such as **Enclose** and **Novigo** driving Oracle Cloud ERP transformation. - **ServiceNow**: Elite partner status; delivers large-scale transformations in ITSM and beyond. Has developed **400+ Gen AI Blueprints** and custom accelerators. - **Salesforce**: Summit-tier partner with **over 6,000 certifications** and Centers of Excellence in AI/Agentforce, Commerce, and Industry Clouds. - **Temenos**: Global leader in core banking transformation with **800+ certified consultants**, executing 200+ projects and recognized by **Gartner, Forrester, and ISG**. #### **2. Data, Analytics & Artificial Intelligence (D&A)** - Offers the **Fosfor suite** of data products and **Canvas.ai**, an enterprise-ready **Generative AI platform** deployed in over 40 client environments. - Provides scalable AI solutions with **75,000+ Gen AI-trained associates** and **12,000+ data professionals** across 8 Centers of Excellence. - Offers **Agentic AI**, process intelligence, and pre-built frameworks such as **Leapfrog**, **SmartUnderwriter**, and **Leapgenics**. - Filed **36 patents** for AI-driven innovations, with co-developed platforms like **Alcazar.ai** (with Databricks) and **CustCare.ai** (with NVIDIA). - Deep expertise in **Data Modernization, Analytics Engineering, and Data-to-Decision platforms** on **Snowflake**, **Databricks**, and **Informatica**. #### **3. Cloud, Infrastructure & Security** - Partnered with **AWS, Microsoft Azure, and Google Cloud Platform (GCP)** under multi-year Strategic Partnership Agreements (SPAs). - Operates **co-innovation centers** in **Bengaluru (IBM), Hartford, CT (AWS),** and **India (Google Cloud)**. - Delivers **Gen AI-integrated cloud solutions**, including **AI Native Ops**, **Canvas CloudXperienz**, and **Infinity2.0**. - Offers **hybrid, multi-cloud, and edge computing** modernization services with security-first architecture. #### **4. Digital Engineering & Quality Engineering** - Accelerates application modernization via **Generative AI**, including **4–6x faster app development** through **Low Code/No Code** platforms like **LEAP**. - Offers **AI-driven Quality Engineering (QE)** via **CosmosQE**, delivering intelligent test automation, cloud testing, and security validation. - Implements **mainframe modernization, cloud-native development, and composable architectures** using proprietary tools like **Genie Web** and **LTIMGenie**. #### **5. Enterprise Automation & Hyperautomation** - Leverages **HyperWeaver**, a proprietary platform for “automating the automation,” combining **Intelligent Process Discovery, Touchless Build, and Gen AI**. - Delivers **RPA, IDP, ML, Process AI, and Workflow Orchestration** with pre-built bots and accelerators. - Clients have seen **95% reduction in turnaround time** for P2P and O2C processes using Gen AI and RPA. #### **6. Industry-Specific Solutions** LTIMindtree serves key verticals with tailored offerings: - **Banking & Financial Services (BFSI)**: Supports **top 6 global banks** and **17 Fortune 500 insurers**. Expertise in **core modernization, fraud detection, omnichannel banking, and Temenos-based digital banks**. - **Manufacturing & Energy**: Implements **AI-powered engineering, ERP modernization, digital twins, and Gen AI solutions**, improving MTTR by **25%** and self-service by **30%**. - **Retail & CPG**: Partners with **8 of the top 20 CPG firms and 5 of the top 15 retailers**, delivering **Phygital experiences**, **supply chain resilience**, and **low-code commerce platforms**. - **Healthcare & Life Sciences**: Supports digital therapeutics, precision medicine, and clinical trials with **AI, data analytics, and digital engineering**. - **Communications, Media & Entertainment (CME)**: Uses **Mediacube** and **5C framework** to modernize content supply chains and enhance streaming experiences. --- ### **Innovation & Platforms** - **BlueVerse™ Foundry**: Proprietary platform powering **Agentic AI solutions** for legal, IT, and business functions. - **GCC-as-a-Service**: AI-powered offering to **establish, scale, and optimize Global Capability Centers (GCCs)** using a modular, consumption-based model. - **NextEra**: A **joint venture with Aramco Digital** established in 2025, expanding its footprint in Saudi Arabia under **Saudi Arabia’s Vision 2030**. - **Disruptive SaaS (DSaaS)**: Focuses on **Lead-to-Revenue, Source-to-Pay, and Supply Chain Management**, with partnerships with **PROS, Coupa, Conga, and Kinaxis**. - **Quantum Technology Incubation Unit**: One of the first Indian IT firms to join **IBM’s Quantum Network**, focusing on **quantum computing, communication, and sensing**. --- ### **Strategic Partnerships & Alliances** LTIMindtree maintains a robust ecosystem of global partnerships: - **Hyperscalers**: Premier/AWS, Azure Global Elite, Google Cloud Strategic Partner. - **SaaS & Platforms**: SAP, Salesforce, Oracle, ServiceNow, Pega, Adobe, Boomi. - **AI & Data**: Databricks (Elite Partner), Snowflake (Top 3 Global Partner), NVIDIA, IBM (CoE in Gen AI), Voicing.AI (strategic investment in Agentic AI). - **Industry Partners**: Aramco Digital, Cisco, HPE, Dell, Vodafone (for IoT and 5G), McAfee, Rubrik. --- ### **Recent Wins & Key Projects (2025)** - **Oct 2025**: - Secured **ERP transformation with a European life sciences firm** (S/4HANA implementation). - Won cloud migration deal with a **global tech firm** to enhance speed-to-market. - Awarded contract by **India’s Central Board of Direct Taxes** to modernize PAN infrastructure. - Selected by a **global FinTech** to deliver **automated merchant certification**. - Building **Gen AI-powered video metadata extraction** for a media client. - Developing **Agentic AI solutions** for a global energy firm using BlueVerse™. - **Jul 2025**: - Delivered **computer vision-based damage detection** for a rental company, reducing inspection time from **2 weeks to under 3 minutes**. - Achieved **30% productivity gain** in field services via **Gen AI maintenance solution** for a utility client. - Reduced **development time by 80%** and **costs by 10–15%** for a financial services client. - **May 2025**: - Launched **GCC-as-a-Service**, with AI-driven talent acquisition and modular delivery. - Partnered with **IBM** on a **global GenAI Center of Excellence**. - Co-developed **CustCare.ai, RegInspector, and iScan** with **NVIDIA**. - Secured **$20M+ cost savings** in oilfield operations for an energy client. --- ### **Organizational & Strategic Initiatives** - **LTIMOne Framework**: Based on **4 pillars** — unified culture, go-to-market strategy, integrated capabilities, and profitable growth. - **Fit4Future**: Initiative to re-baseline costs, improve agility, and realign talent. - **Interactive Division**: Recognized in **Ad Age’s Top 25 Agency Companies (2023, 2024, 2025)**. Combines **AI, creativity, and omnichannel strategy** for Fortune 500 brands. - **Sales Transformation (FY26)**: Reorganizing for **multi-service, multi-geography deals**, led by **Nachiket Deshpande (President, Global AI & Strategic Deals)** based in the U.S. --- ### **Technology & Innovation Roadmap** - **AI & Gen AI**: Core of delivery model; embedding AI into **SDLC, automation, security, and client operations**. - **Metaverse & Immersive Tech**: Using **AR/VR, digital twins, and smart spaces** for worker productivity, training, and customer experiences. - **Sustainability**: Supports clients in **carbon tracking, ESG reporting, and decarbonization** across energy, manufacturing, and utilities. - **R&D Initiatives**: Through **LTIM Crystal**, the innovation platform explores **quantum, zero-trust, distributed infrastructure, and web3**.