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LTIMindtree Ltd

(LTIM)

₹61670.75%

as on 04:01PM, 03 Dec 2024

Overview
News
Financials
Q2 2024 Results
Technicals
F&O

LTIMindtree Ltd Analyst Rating

based on 39 analysts

HOLD

46.15%

Buy

23.08%

Hold

30.77%

Sell

Based on 39 analysts offering long term price targets for LTIMindtree Ltd. An average target of ₹6334.64

Source: S&P Global Market Intelligence

LTIMindtree Ltd Share analysis

LTIMindtree Ltd price forecast by 39 analysts

Upside of1.95%

High

₹7550

Target

₹6334.64

Low

₹4475

LTIMindtree Ltd target price ₹6334.64, a slight upside of 1.95% compared to current price of ₹6167. According to 39 analysts rating.

Source: S&P Global Market Intelligence

LTIMindtree Ltd Performance

  • Day's Low

    Day's High

    ₹6,125.75
    ₹6,286.1
  • 52 Week's Low

    52 Week's High

    ₹4,513.55
    ₹6,574.95
1 Month Return+ 8.3 %
3 Month Return+ 1.1 %
1 Year Return+ 11.4 %
Previous Close₹6,213.35
Open₹6,223.00
Volume2.96L
Upper Circuit-
Lower Circuit-
Market Cap₹1,84,029.43Cr

LTIMindtree Ltd Key Statistics

P/E Ratio39.52
PEG Ratio5.24
Market Cap₹1,84,029.43 Cr
P/B Ratio7.57
EPS154.89
Dividend Yield1.32
SectorIT - Software
ROE25.43

LTIMindtree Ltd Peer Comparison

Company
Analyst ViewMarket Cap5 Year CAGRDebt to Asset RatioNet ProfitYearly Revenue
HOLD₹1,84,029.43 Cr56.83%0.54₹4,584 Cr₹35,517 Cr
HOLD₹3,05,842.08 Cr29.37%0.57₹11,112 Cr₹89,760 Cr
HOLD₹5,07,862.42 Cr46.57%0.53₹15,710 Cr₹1,09,913 Cr
BUY₹15,47,329.40 Cr21.7%0.54₹46,099 Cr₹2,40,893 Cr
HOLD₹1,70,862.38 Cr26.79%0.55₹2,396 Cr₹51,995 Cr

About LTIMindtree Ltd

LTI Mindtree Ltd is an Indian multinational IT services and consulting company that was incorporated in 1999. It is headquartered in Bengaluru, India and offers a wide range of services and solutions that include digital transformation, enterprise applications, cloud computing, product engineering, and more.

LTI Mindtree Ltd has operations in more than 20 countries and has over 21,000 employees. Their top products include enterprise applications, cloud services, analytics, mobility, and digital transformation. Their popular brands include Mindtree Kaleidoscope, Mindtree Consulting, and Mindtree Services.

The company provides services to various industries such as banking, financial services, insurance, manufacturing, media, entertainment, retail, travel, transportation, and hospitality.

Share Price: ₹6167.00 per share as on 03 Dec, 2024 04:01 PM
Market Capitalisation: ₹1,84,029.43Cr as of today
Revenue: ₹9,432.90Cr as on September 2024 (Q3 24)
Net Profit: ₹1,251.60Cr as on September 2024 (Q3 24)
Listing date: 21 Jul, 2016
Chairperson Name: S N Subrahmanyan
OrganisationLTIMindtree Ltd
HeadquartersMumbai
IndustryIT - Software
E-voting on sharesClick here to vote

Key events for LTIMindtree Ltd

  • LTIMindtree Stock Shows Positive Movement - 02 Dec, 2024

    LTIMindtree shares rose by 0.43% to Rs 6200.40, with an intraday high of Rs 6231.05. The stock's P/E ratio is 39.46, and it has a strong return on equity of 23.45%. Promoters hold 68.6% of the company, indicating solid backing.
  • LTIMindtree Aims for $10 Billion Revenue by 2032 - 29 Nov, 2024

    LTIMindtree plans to more than double its revenue to $10 billion by March 2032. The company reported $4.3 billion in revenue for the fiscal year ending March 2024, a 4.4% increase. However, shares fell 1.05% following the announcement.
  • LTIMindtree Targets $10 Billion Revenue Amid Market Fluctuations - 28 Nov, 2024

    LTIMindtree has set a target of $10 billion in revenue by FY32, focusing on AI and operational efficiencies. Despite a recent share price decline, analysts maintain a positive outlook with a target price of Rs 7,500. The company aims to improve its operating margin to 17-18% through strategic initiatives.
  • LTIMindtree Pursues $10 Billion Revenue with AI Focus - 27 Nov, 2024

    LTIMindtree is targeting $10 billion in revenue by FY32, emphasizing AI integration and large deal wins. Brokerages show mixed sentiments, with some maintaining cautious ratings amid discretionary spending challenges. The stock has seen slight gains, reflecting investor interest in its strategic direction.
  • LTIMindtree Reports Profit Growth and AI Partnership - 26 Nov, 2024

    LTIMindtree reported a 10.3% increase in net profit for Q2 FY25. The company announced a strategic alliance with Microsoft to enhance AI-driven digital transformation.
  • LTIMindtree and Microsoft Partner for AI Innovation - 25 Nov, 2024

    LTIMindtree has announced a strategic partnership with Microsoft to accelerate AI adoption and digital transformation for global enterprises, focusing on actionable strategies and measurable outcomes.
  • LIC Boosts Stake in LTIMindtree, Shares Rise - 22 Nov, 2024

    LTIMindtree shares rose after LIC increased its stake from 5.033% to 7.034%. The stock gained momentum, reflecting positive investor sentiment and market performance.
  • LIC Boosts Stake in LTIMindtree Amid Positive Earnings - 21 Nov, 2024

    Life Insurance Corporation of India raised its stake in LTIMindtree from 5.033% to 7.034% through open market purchases. LTIMindtree reported a 7.7% year-on-year profit increase and approved a ₹20 interim dividend for shareholders.
  • LTIMindtree Extends Partnership with Nexi Group - 20 Nov, 2024

    LTIMindtree has extended its contract with Nexi Group to enhance its technology landscape across digital payment platforms. This partnership aims to optimize Nexi's core systems and support its digital transformation, showcasing LTIMindtree's commitment to driving growth in the competitive digital payments industry.
  • LTIMindtree Extends Strategic Partnership with Nexi Group - 19 Nov, 2024

    LTIMindtree has extended its contract with Nexi Group, deploying over 800 associates to enhance Nexi's technology platforms and support its digital transformation efforts.
  • LTIMindtree Shares Decline Amid IT Sector Caution - 18 Nov, 2024

    On November 18, 2024, LTIMindtree's shares fell by 2.65%, closing at Rs 5,835.65, resulting in a market cap loss of Rs 4,708 crore. This decline reflects broader uncertainties in the IT sector and investor caution.
  • LTIMindtree Expands US Presence with New Facility - 14 Nov, 2024

    LTIMindtree has inaugurated a new 6,500-square-foot facility in Houston, Texas, enhancing its presence in the US. This hub will focus on AI, digital transformation, and ESG solutions, aiming to strengthen ties with the local community and clients.
  • LTIMindtree Expands US Presence and Enhances Security Solutions - 13 Nov, 2024

    LTIMindtree is enhancing its security solutions through Cisco Secure Access for its hybrid workforce while inaugurating a new facility in Houston focused on AI and ESG initiatives.
  • LTIMindtree Reports Slower Growth Post-Merger - 12 Nov, 2024

    LTIMindtree, India's sixth-largest IT services firm, reported a 1.87% revenue growth to $1.1 billion for Q3 2024. The company has faced challenges, including senior management departures and cultural issues following its merger, resulting in slower growth compared to pre-merger performance.
  • LTIMindtree Shares Surge on Trump Election Prospects - 06 Nov, 2024

    Shares of LTIMindtree and other Indian software exporters rose over 4% amid increasing optimism regarding Donald Trump's chances in the upcoming US Presidential election.

Insights on LTIMindtree Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Revenue Rich

    img

    Revenue is up for the last 3 quarters, 9.10K Cr → 9.73K Cr (in ₹), with an average increase of 3.3% per quarter

  • imgPOSITIVE IMPACT

    Profit Spike

    img

    Netprofit is up for the last 3 quarters, 1.09K Cr → 1.25K Cr (in ₹), with an average increase of 6.2% per quarter

  • imgPOSITIVE IMPACT

    Price Rise

    img

    In the last 1 month, LTIM stock has moved up by 8.3%

  • imgPOSITIVE IMPACT

    FII Holding Up

    img

    Foreign Institutions have increased holdings from 7.28% to 7.39% in Sep 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Wipro Ltd has given 43.5% return, outperforming this stock by 32.1%

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 68.60% of holdings in Sep 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, HCL Technologies Ltd has given 59.8% return, outperforming this stock by 69.1%

  • imgNEGATIVE IMPACT

    Retail Holding Down

    img

    Retail Investor have decreased holdings from 9.85% to 9.10% in Sep 2024 quarter

  • imgNEGATIVE IMPACT

    MF Holding Down

    img

    Mutual Funds have decreased holdings from 5.44% to 5.38% in Sep 2024 quarter

LTIMindtree Ltd Financials

Value in ₹ crore
DetailsQ'3 23Q'4 23Q'1 24Q'2 24Q'3 24
Revenue₹8,905.40Cr (-)₹9,016.60Cr (↑1.25%)₹8,892.90Cr (↓1.37%)₹9,142.60Cr (↑2.81%)₹9,432.90Cr (↑3.18%)
Net Income₹1,162.30Cr (-)₹1,169.30Cr (↑0.60%)₹1,100.70Cr (↓5.87%)₹1,135.10Cr (↑3.13%)₹1,251.60Cr (↑10.26%)
Net Profit Margin13.05% (-)12.97% (↓0.61%)12.38% (↓4.55%)12.42% (↑0.32%)13.27% (↑6.84%)
Value in ₹ crore
Details2021202220232024
Total Assets₹9,988.50Cr (-)₹19,816.00Cr (↑98.39%)₹22,437.00Cr (↑13.23%)₹26,457.70Cr (↑17.92%)
Total Liabilities₹3,046.70Cr (-)₹5,940.90Cr (↑94.99%)₹6,460.00Cr (↑8.74%)₹7,159.20Cr (↑10.82%)
Value in ₹ crore
Details20202021202220232024
Operating Cash Flow₹1,644.10Cr (-)₹2,179.30Cr (↑32.55%)₹3,206.10Cr (↑47.12%)₹2,886.50Cr (↓9.97%)₹5,529.60Cr (↑91.57%)

Index Inclusions

S&P BSE 100 LargeCap TMC

₹9,144.61

0.76 (68.75%)

S&P BSE SENSEX 50

₹25,713.90

0.72 (183.12%)

BSE Tech

₹19,784.10

0.36 (70.26%)

BSE 200

₹11,280.05

0.77 (86.13%)

BSE 100

₹25,900.60

0.8 (206.02%)

Nifty LargeMidcap 250

₹16,052.90

0.83 (131.65%)

Nifty 200

₹13,825.85

0.79 (108.9%)

S&P BSE 250 LargeMidCap

₹10,706.91

0.79 (83.72%)

S&P BSE Largecap

₹9,521.53

0.75 (70.94%)

Nifty100 Quality

₹5,759.10

0.25 (14.25%)

S&P BSE Dividend Stability

₹1,031.29

0.68 (6.97%)

BSE 500

₹36,246.75

0.8 (289.35%)

Nifty Services Sector

₹32,395.95

0.82 (263.95%)

BSE IT Sector

₹43,537.83

0.74 (319.77%)

Nifty Next 50

₹71,890.75

1.02 (726.4%)

NIFTY 100

₹25,393.25

0.77 (195.1%)

Nifty 500

₹23,020.85

0.81 (185%)

NIFTY IT

₹43,754.95

0.48 (207.95%)

Nifty100 Eq Weig

₹32,523.95

0.86 (278.7%)

S&P BSE AllCap

₹10,471.31

0.68 (71.07%)

LTIMindtree Ltd Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
68.6%
-0.01
Foreign Institutions
7.39%
1.50
Mutual Funds
5.38%
-1.19
Retail Investors
9.1%
-7.65
Others
9.54%
8.09

LTIMindtree Ltd Key Indicators

Details20202021202220232024
Earning Per Share (₹)87.39110.75133.45149154.89
Details20202021202220232024
Return On Equity %31.2329.3937.5928.4625.43
Details20202021202220232024
Return On Assets %18.119.3819.9219.6517.32
Details20202021202220232024
Book Value Per Share (₹)310.57417.34482.68560.54676.25

LTIMindtree Ltd Valuation

LTIMindtree Ltd in the last 5 years

  • Overview

  • Trends

Lowest (15.25x)

March 23, 2020

Today (39.52x)

December 2, 2024

Industry (39.84x)

December 2, 2024

Highest (61.22x)

November 17, 2021

LowHigh

LTIMindtree Ltd Earnings and Dividends

  • LTIMindtree Ltd Earnings Results

    LTIMindtree Ltd’s net profit jumped 7.68% since last year same period to ₹1,251Cr in the Q2 2024-2025. On a quarterly growth basis, LTIMindtree Ltd has generated 10.34% jump in its net profits since last 3-months.

    Read More about Earnings Results
  • LTIMindtree Ltd Dividends October,2024

    In the quarter ending September 2024, LTIMindtree Ltd has declared dividend of ₹20 - translating a dividend yield of 1.37%.

    Read More about Dividends

LTIMindtree Ltd Technicals Summary

Bearish

Neutral

Bullish

Bullish

LTIMindtree Ltd is currently in a Bullish trading position according to technical analysis indicators.

FAQs on LTIMindtree Ltd

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LTIMindtree Ltd (LTIM) share price today is ₹6167

LTIMindtree Ltd is listed on NSE

LTIMindtree Ltd is listed on BSE

  • Today’s highest price of LTIMindtree Ltd is ₹6286.1.
  • Today’s lowest price of LTIMindtree Ltd is ₹6125.75.

PE Ratio of LTIMindtree Ltd is 39.52

PE ratio = LTIMindtree Ltd Market price per share / LTIMindtree Ltd Earnings per share

Today’s traded volume of LTIMindtree Ltd(LTIM) is 2.96L.

Today’s market capitalisation of LTIMindtree Ltd(LTIM) is ₹184029.43Cr.

LTIMindtree Ltd(LTIMPrice
52 Week High
₹6574.95
52 Week Low
₹4513.55

LTIMindtree Ltd(LTIM) share price is ₹6167. It is down -6.20% from its 52 Week High price of ₹6574.95

LTIMindtree Ltd(LTIM) share price is ₹6167. It is up 36.63% from its 52 Week Low price of ₹4513.55

LTIMindtree Ltd(LTIMReturns
1 Day Returns
-46.35%
1 Month Returns
8.3%
3 Month Returns
1.1%
1 Year Returns
11.4%