LTIMindtree Limited
₹4,226.30+₹144.10 (+3.5%)
Last close · Data as of Oct 30, 2026
- Market cap
- ₹1,80,971 Cr
- P/E
- 37.7x
- EV / EBITDA
- 26.3x
- Revenue
- ₹36,682 Cr
- Net margin
- 13.1%
- ROCE
- 28.9%
Price chart
Technical chartScreen technicals →-25.8% over the last year
Daily closes.
Go deeper
Technical chart: candles, 9 moving averages, RSI, MACD and drawing tools
Performance
Price change over each period, before dividends.
- 1M
- +5.2%
- 3M
- -4.8%
- 6M
- -1.0%
- 1Y
- -25.8%
- 5Y
- -37.5%
52-week range
Day change +₹144.10 (+3.5%) from ₹4,082 to ₹4,226 · Last close Oct 30, 2026
Best weekday to invest, historically
The same weekly amount in LTM, bought on each weekday since 2021.
AI Summary
Indian StockStrengths1
- Strong 5-year revenue CAGR of 27.5%
Concerns0
Rule-based from financial data. Not advice.
About the company
LTM Limited, a technology consulting and digital solutions company, provides information technology services and solutions in India, North America, Europe, and internationally. It operates through Banking, Financial Services & Insurance; Technology, Media & Communications; Manufacturing & Resources; Consumer Business; and Health, Life Sciences & Public Services.
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LTM Limited, a technology consulting and digital solutions company, provides information technology services and solutions in India, North America, Europe, and internationally. It operates through Banking, Financial Services & Insurance; Technology, Media & Communications; Manufacturing & Resources; Consumer Business; and Health, Life Sciences & Public Services. The company offers cloud and infrastructure services, consulting, cyber security, digital engineering, enterprise application and automation, platform operation, low code, data and analytics, and quality and digital engineering services, as well as experience design and innovation, digital marketing and e-commerce, blockchain, experience channel, immersive and cognitive experience, digital integration and process automation, and product engineering solutions; and a range of IT services. It serves various industries, such as banking and financial services, insurance, Hi-tech and service, manufacturing and resources, energy and utilities, retail and consumer packaged goods, public, healthcare, life sciences, transport and hospitality, and travel, as well as communications, media, and entertainment industries. The company has a a strategic collaboration with the Indian Institute of Creative Technologies for the development of industry-aligned skilling and workforce readiness in creative technologies across advertising, films, immersive media, and digital storytelling. The company was formerly known as LTIMindtree Limited and changed its name to LTM Limited in March 2026. The company was incorporated in 1996 and is based in Mumbai, India. LTM Limited is a subsidiary of Larsen & Toubro Limited.
- Sector
- Technology
- Shares outstanding
- 29.7 Cr shares
- ISIN
- INE214T01019
- BSE code
- 540005
Key statistics
Screen fundamentals →Valuation, profitability, growth and solvency at the latest close; hover a label for its meaning.
Valuation
- Market cap
- ₹1,80,971 Cr
- P/E
- 37.7x
- P/B
- 8.0x
- EV / EBITDA
- 26.3x
- EV / Sales
- 5.3x
- P/S
- 5.3x
- Earnings yield
- 2.7%
- 52-week high
- ₹6,307.75
- 52-week low
- ₹3,538.35
Profitability
- Operating margin
- 17.9%
- Net margin
- 13.1%
- EBITDA margin
- 20.0%
- ROE
- 23.2%
- ROCE
- 28.9%
- ROA
- 17.0%
- Dividend payout
- 43.0%
- Tax rate
- 24.0%
- Other income, % of PBT
- 12.1%
Growth
- RevenueLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- ₹36,682 Cr
- Revenue growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 7.1%
- Revenue CAGR, 5YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 27.5%
- EBITDALatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- ₹6,847 Cr
- EBITDA growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 7.5%
- Net profit growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- -0.9%
- Net profit CAGR, 5YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 23.6%
- Cash from operationsLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- ₹5,530 Cr
- CFO growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 91.6%
- Free cash flowLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- -₹150 Cr
- Asset growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 17.9%
Solvency and efficiency
- Current ratio
- 4.16
- Debt / Equity
- 0.10
- Debt / Assets
- 0.07
- Debt / EBITDA
- 0.28
- Interest coverage
- 29.65
- Financial leverage
- 1.37
- CFO / Net profit
- 1.23
- Cash / Market cap
- 6.9%
- Cash per share
- ₹423.29
- Asset turnover
- 1.29
- Fixed asset turnover
- 8.12
- Capital intensity
- 0.12
- Debtor days
- 57 days
- Cash conversion cycle
- 57 days
Where the revenue went
Of every ₹100 of FY2025 revenue, ₹12 was left as net profit.
| From | To | Amount |
|---|---|---|
| Sales | Expenses | ₹30,512 Cr |
| Sales | Operating profit | ₹6,170 Cr |
| Operating profit | Interest | ₹271 Cr |
| Operating profit | Depreciation | ₹904 Cr |
| Operating profit | Profit before tax | ₹4,995 Cr |
| Other income | Profit before tax | ₹974 Cr |
| Profit before tax | Tax and other | ₹1,523 Cr |
| Profit before tax | Net profit | ₹4,446 Cr |
Revenue and net profit
Revenue grew 7.1% in FY2025; net profit is the dashed line.
| Date | Revenue | Net profit |
|---|---|---|
| FY2021 | ₹11,566 Cr | ₹1,788 Cr |
| FY2022 | ₹24,845 Cr | ₹3,912 Cr |
| FY2023 | ₹31,976 Cr | ₹4,248 Cr |
| FY2024 | ₹34,253 Cr | ₹4,486 Cr |
| FY2025 | ₹36,682 Cr | ₹4,446 Cr |
Cash flows
FY2025: ₹4,040 Cr from operations, ₹2,366 Cr free after investment (dashed).
| Date | Operating cash flow | Free cash flow |
|---|---|---|
| FY2021 | ₹2,179 Cr | ₹543 Cr |
| FY2022 | ₹3,206 Cr | ₹1,854 Cr |
| FY2023 | ₹2,886 Cr | ₹2,700 Cr |
| FY2024 | ₹5,530 Cr | ₹1,696 Cr |
| FY2025 | ₹4,040 Cr | ₹2,366 Cr |
Growth
Latest fiscal year FY2025 (ending March): each figure with its change over the year before.
- Revenue
- ₹36,682 Cr+7.1%1Y
- Net profit
- ₹4,446 Cr-0.9%1Y
- Cash from operations
- ₹4,040 Cr
- Free cash flow
- ₹2,366 Cr+39.5%1Y
- Revenue CAGR, 5Y
- 27.5%
- EBITDA CAGR, 5Y
- 24.5%
- Net profit CAGR, 5Y
- 23.6%
| Year | Revenue | Operating income | EBITDA | Net profit | CFO | FCF | ROE | Revenue growth 1Y | Net profit growth 1Y |
|---|---|---|---|---|---|---|---|---|---|
| FY2025 | ₹36,682 Cr | ₹6,170 Cr | — | ₹4,446 Cr | ₹4,040 Cr | ₹2,366 Cr | 20.4% | +7.1% | -0.9% |
Monthly returns
Month-by-month returns of LTM across the years, with the seasonal pattern.
Balance sheet
What the company owns and owes at the end of FY2025.
| Line | FY2025 |
|---|---|
| Liabilities and equity | ₹29,217 Cr |
| Equity capital | ₹30 Cr |
| Reserves | ₹21,804 Cr |
| Borrowings | ₹2,094 Cr |
| Other liabilities | ₹5,288 Cr |
| Assets | ₹29,217 Cr |
| Fixed assets | ₹4,561 Cr |
| Capital work in progress | ₹563 Cr |
| Investments | ₹10,357 Cr |
| Other assets | ₹13,736 Cr |
Market cap against peers
8 peers: same sector group, nearest by size.
P/E against peers
LTM trades at 37.7x earnings against a peer median of 52.1x (a 28% discount).
Not shown (no positive earnings and no EV / Sales): VODAFONE IDEA LIMITED.
Peer comparison
Same-sector peers by market cap, with the median.
| Company | Market cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|
| LTIMindtree LimitedLTMthis companyP/E ↓ discount | ₹1.8 L Cr | 37.7x | 8.0x | 23.2% | 26.3x |
| Bharat Electronics Ltd.BEL | ₹3.0 L Cr | 53.3x | 14.2x | 25.0% | 51.3x |
| Wipro Ltd.WIPRO | ₹2.8 L Cr | 23.0x | 4.3x | 15.8% | 18.9x |
| Tech Mahindra LimitedTECHM | ₹1.6 L Cr | 40.3x | 7.3x | 8.9% | 42.5x |
| VODAFONE IDEA LIMITEDIDEA | ₹1.2 L Cr | — | -1.4x | 30.1% | 20.5x |
| INDUS TOWERS LIMITEDINDUSTOWER | ₹1.1 L Cr | 12.0x | 3.1x | 22.3% | 8.1x |
| Billionbrains Garage Ventures LimitedGROWW | ₹1.0 L Cr | 66.3x | — | -52.3% | -108.0x |
| Persistent Systems LimitedPERSISTENT | ₹1.0 L Cr | 68.6x | 15.0x | 20.6% | 66.6x |
| Info Edge(India) Ltd.NAUKRI | ₹86,455 Cr | 82.5x | 1.9x | 3.3% | 71.0x |
| Peer median | — | 52.1x | 7.8x | 14.5% | 34.2x |
Year-to-date ROI
LTM since 1 January, against earlier years.
Historical volatility
LTM's day-to-day swings over 30, 60 and 180 days.
Financial statements
Income statement, balance sheet and cash flow as reported, in ₹ crore, grouped into plain-language lines.
Figures in ₹ crore as reported, fiscal years ending March, newest first; the trailing twelve months (TTM) last.
Operating margin by fiscal year
| Date | Operating margin |
|---|---|
| FY2021 | 22.0% |
| FY2022 | 20.0% |
| FY2023 | 18.0% |
| FY2024 | 18.0% |
| FY2025 | 17.0% |
| Line | FY2025 |
|---|---|
| RevenueSales | ₹36,682 Cr |
| Costs | |
| Interest | ₹271 Cr |
| Expenses | ₹30,513 Cr |
| Operating profitOperating Profit | ₹6,170 Cr |
| Other income and charges | |
| Profit before tax | ₹5,969 Cr |
| Tax | |
| Net profitNet Profit | ₹4,446 Cr |
| Per share |
| Line | FY2025 |
|---|---|
| Liabilities and equityTotal Liabilities | ₹29,217 Cr |
| Equity capitalEquity Capital | ₹30 Cr |
| Reserves | ₹21,804 Cr |
| Borrowings | ₹2,094 Cr |
| Other liabilitiesOther Liabilities | ₹5,288 Cr |
| AssetsTotal Assets | ₹29,217 Cr |
| Fixed assetsFixed Assets | ₹4,561 Cr |
| Capital work in progressCWIP | ₹563 Cr |
| Investments | ₹10,357 Cr |
| Other assetsOther Assets | ₹13,736 Cr |
| Line | FY2025 |
|---|---|
| Operating cash flowCash from Operating Activity | ₹4,040 Cr |
| Investing cash flowCash from Investing Activity | -₹1,674 Cr |
| Financing cash flowCash from Financing Activity | -₹2,515 Cr |
| Change in cashNet Cash Flow | -₹150 Cr |
Learn while you research
Academy chapters picked for LTIMindtree Limited and the metrics on this page.
- 01 Taxes on Investments (India)LTCG, STCG, dividend tax, what every Indian investor needs.6 min read
- 02 Stock Valuation BasicsHow to think about what a fair price for a stock looks like.7 min read
- 03 Valuation Multiples ExplainedThis stock trades at a P/E of 37.7, learn when high multiples are justified.6 min read
- 04 Growth InvestingTech & communications often trade on growth, learn the framework.7 min read
- 05 Essential Stock RatiosP/E, P/B, EV/EBITDA, what they mean and when to use each.7 min read
- 06 How to Read a Cash-Flow StatementProfit can be manipulated; cash flow rarely lies.7 min read