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LTIMindtree Ltd

(LTIM)

₹5824.36.37%

as on 04:01PM, 20 Dec 2024

Overview
News
Financials
Q2 2024 Results
Technicals
F&O

LTIMindtree Ltd Analyst Rating

based on 39 analysts

HOLD

48.72%

Buy

20.51%

Hold

30.77%

Sell

Based on 39 analysts offering long term price targets for LTIMindtree Ltd. An average target of ₹6374.82

Source: S&P Global Market Intelligence

LTIMindtree Ltd Share analysis

LTIMindtree Ltd price forecast by 39 analysts

Upside of2.48%

High

₹7550

Target

₹6374.82

Low

₹4475

LTIMindtree Ltd target price ₹6374.82, a slight upside of 2.48% compared to current price of ₹5824.3. According to 39 analysts rating.

Source: S&P Global Market Intelligence

LTIMindtree Ltd Performance

  • Day's Low

    Day's High

    ₹5,801
    Day's Price Range
    ₹6,288
  • 52 Week's Low

    52 Week's High

    ₹4,513.55
    52-Week Price Range
    ₹6,767.95
1 Month Return+ 4.88 %
3 Month Return-1.67 %
1 Year Return+ 1.79 %
Previous Close₹6,220.60
Open₹6,288.00
Volume11.19L
Upper Circuit-
Lower Circuit-
Market Cap₹1,94,775.53Cr

LTIMindtree Ltd Key Statistics

P/E Ratio39.57
PEG Ratio5.25
Market Cap₹1,94,775.53 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₹1,94,775.53 Cr50.84%0.54₹4,584 Cr₹35,517 Cr
HOLD₹3,27,189.89 Cr29.28%0.57₹11,112 Cr₹89,760 Cr
HOLD₹5,31,973.34 Cr47.76%0.53₹15,710 Cr₹1,09,913 Cr
BUY₹15,73,090.18 Cr18.28%0.54₹46,099 Cr₹2,40,893 Cr
HOLD₹1,74,100.57 Cr25.22%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: ₹5824.30 per share as on 20 Dec, 2024 04:01 PM
Market Capitalisation: ₹1,94,775.53Cr 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 Faces Downgrade and Significant Share Decline - 20 Dec, 2024

    LTIMindtree shares have dropped significantly, erasing six weeks of gains, following a downgrade by CLSA due to concerns over large deal visibility. The stock is now down 13% for the week.
  • LTIMindtree Faces GST Demand Stay Amid Sell Call - 17 Dec, 2024

    LTIMindtree received an interim stay on an Rs 88 crore GST demand from the Karnataka High Court while Citi issued a sell call due to weak demand visibility.
  • LTIMindtree Launches Cyber Center Amid Mixed Market Sentiment - 16 Dec, 2024

    LTIMindtree launched its Cyber Defense Resiliency Center in Bengaluru, leveraging AI for enhanced cybersecurity. However, Citi maintains a sell rating due to margin concerns, despite positive technical indicators suggesting potential upside.
  • LTIMindtree Targets $10 Billion Revenue by FY32 - 14 Dec, 2024

    LTIMindtree sets an ambitious goal of reaching $10 billion in revenue by FY32, focusing on margin improvement and leveraging client transformation projects. Analysts have mixed views on this plan, citing potential risks and opportunities in the current market environment.
  • Analyst Recommends LTIMindtree with Target Price - 13 Dec, 2024

    LTIMindtree shares traded up 0.29% to Rs 6648.85. Analyst Nooresh Merani forecasts 5-6% near-term returns, setting a target price of Rs 7100.
  • LTIMindtree Shares Rise Amid Strong Trading Activity - 12 Dec, 2024

    LTIMindtree Ltd. shares increased by 1.87% to Rs 6723.45, with a market cap of Rs 198495.05 crore and notable trading volume on December 12, 2024.
  • LTIMindtree Partners with GitHub, Shares Slightly Down - 11 Dec, 2024

    LTIMindtree has formed a strategic partnership with GitHub to accelerate AI-driven software engineering. Shares are down 0.2% at Rs 6561.30, with a 52-week high of Rs 6670.45.
  • LTIMindtree Partners with GitHub, Shares Hit New High - 10 Dec, 2024

    LTIMindtree's stock surged after HSBC upgraded it to 'Buy', predicting industry growth. The company also announced a strategic partnership with GitHub to enhance software development using AI tools.
  • LTIMindtree Dissolves Wholly-Owned Subsidiary in France - 06 Dec, 2024

    LTIMindtree has announced the dissolution of its wholly-owned subsidiary, Syncordis SARL, in France, effective November 29, 2024, as part of an internal reorganization.
  • LTIMindtree Partners with Voicing.AI for AI Investment - 04 Dec, 2024

    LTIMindtree USA has announced a strategic partnership and investment in Voicing.AI, focusing on AI-driven voice technology to improve customer engagement and business processes.
  • 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.

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

    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

    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

    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 42.5% return, outperforming this stock by 35.0%

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, HCL Technologies Ltd has given 69.0% return, outperforming this stock by 71.4%

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

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

  • 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

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 3 years, LTIM stock has moved down by -2.4%

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

Nifty Next 50

₹68,702.65

-2.72 (-1923.05%)

BSE 200

₹10,905.86

-1.89 (-210.17%)

Nifty100 Quality

₹5,527.35

-1.73 (-97.4%)

NIFTY 100

₹24,448.85

-1.75 (-436.1%)

Nifty LargeMidcap 250

₹15,666.00

-2.09 (-334.75%)

BSE IT Sector

₹43,608.13

-2.51 (-1123.25%)

Nifty 200

₹13,373.90

-1.94 (-264.25%)

Nifty100 Eq Weig

₹31,223.95

-2.18 (-694.7%)

S&P BSE 250 LargeMidCap

₹10,353.28

-1.89 (-199.23%)

NIFTY IT

₹43,771.05

-2.63 (-1183.1%)

S&P BSE Dividend Stability

₹986.07

-1.98 (-19.95%)

S&P BSE 100 LargeCap TMC

₹8,809.09

-1.77 (-158.49%)

Nifty 500

₹22,319.40

-1.9 (-432.75%)

Nifty Services Sector

₹31,563.85

-1.5 (-482.05%)

S&P BSE SENSEX 50

₹24,813.30

-1.55 (-390.31%)

BSE 500

₹35,082.25

-1.9 (-680.42%)

S&P BSE Largecap

₹9,171.23

-1.78 (-165.83%)

BSE 100

₹25,006.81

-1.76 (-448.2%)

BSE Tech

₹19,636.93

-2.15 (-432.06%)

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

LTIMindtree Ltd Valuation

LTIMindtree Ltd in the last 5 years

  • Overview

  • Trends

Lowest (15.25x)

March 23, 2020

Today (39.57x)

December 19, 2024

Industry (41.76x)

December 19, 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 1.46%.

    Read More about Dividends

LTIMindtree Ltd Technicals Summary

Bearish

Neutral

Bullish

Bearish

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

FAQs on LTIMindtree Ltd

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LTIMindtree Ltd (LTIM) share price today is ₹5824.3

LTIMindtree Ltd is listed on NSE

LTIMindtree Ltd is listed on BSE

  • Today’s highest price of LTIMindtree Ltd is ₹6288.
  • Today’s lowest price of LTIMindtree Ltd is ₹5801.

PE Ratio of LTIMindtree Ltd is 39.57

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

Today’s traded volume of LTIMindtree Ltd(LTIM) is 11.19L.

Today’s market capitalisation of LTIMindtree Ltd(LTIM) is ₹194775.53Cr.

LTIMindtree Ltd(LTIMPrice
52 Week High
₹6767.95
52 Week Low
₹4513.55

LTIMindtree Ltd(LTIM) share price is ₹5824.3. It is down -13.94% from its 52 Week High price of ₹6767.95

LTIMindtree Ltd(LTIM) share price is ₹5824.3. It is up 29.04% from its 52 Week Low price of ₹4513.55

LTIMindtree Ltd(LTIMReturns
1 Day Returns
-396.3%
1 Month Returns
4.88%
3 Month Returns
-1.67%
1 Year Returns
1.79%