LTIMindtree Ltd - Stock Valuation and Financial Performance

BSE: 540005 | NSE: LTIM | IT - Software | Large Cap

LTIMindtree Share Price

5,820.85 -400.90 -6.44%
as on 20-Dec'24 16:59

DeciZen - make an informed investing decision on LTIMindtree

Overall Rating
Bole Toh

1. Quality

2. Valuation

Somewhat overvalued

3. Price Trend

TIMindtree stock performance -

mw4me loader
P/E Ratio (CD):
37.06
Market Cap:
1,72,463.4 Cr.
52-wk low:
4,518.4
52-wk high:
6,764.8

Is LTIMindtree Ltd an attractive stock to invest in?

1. Is LTIMindtree Ltd a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that LTIMindtree Ltd is a good quality company.

2. Is LTIMindtree Ltd undervalued or overvalued?

The key valuation ratios of LTIMindtree Ltd's currently when compared to its past seem to suggest it is in the Somewhat overvalued zone.

3. Is LTIMindtree Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of LTIMindtree Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of LTIMindtree:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
LTIMindtree Ltd has performed well in majority of the past ten years indicating its past ten year financial track record is very good

Value Creation

Value Creation Index Colour Code Guide

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
ROCE % 48.3%47.1%46.6%41.6%46.6%40.4%41.7%50%38.3%34.1%-
Value Creation
Index
3.32.42.52.73.12.62.73.42.42.0-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 4,9685,8466,5017,3079,44610,87912,37026,10933,18335,51736,485
Sales YoY Gr.-17.7%11.2%12.4%29.3%15.2%13.7%111.1%27.1%7%-
Adj EPS 44.342.650.650.780.279.7110.5207.8146.6154.5157.1
YoY Gr.--4%18.9%0.2%58.2%-0.6%38.7%88%-29.4%5.4%-
BVPS (₹) 123.6124.5175220.1277.4306.7412.8801.1544.2664.7711.3
Adj Net
Profit
7157238638721,3911,3881,9323,6414,3374,5744,654
Cash Flow from Ops. 6428591,1708441,3951,6442,4003,2513,0955,670-
Debt/CF from Ops. 0.30.100000000-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 24.4%30.3%42.1%7%
Adj EPS 14.9%14%11.8%5.4%
BVPS20.6%19.1%17.2%22.1%
Share Price - 27.7% -5.8% -4.8%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
Return on
Equity %
39.334.832.824.931.82730.433.728.12522.8
Op. Profit
Mgn %
20.417.618.916.219.918.621.92018.41817.6
Net Profit
Mgn %
14.412.413.311.914.712.815.61413.112.912.8
Debt to
Equity
0.10000000000
Working Cap
Days
1361271251321211221199010410594
Cash Conv.
Cycle
4944383939433423343766

Recent Performance Summary

Sales growth is growing at healthy rate in last 3 years 42.13%

Net Profit is growing at healthy rate in last 3 years 11.81%

Return on Equity has declined versus last 3 years average to 22.80%

Sales growth is not so good in last 4 quarters at 4.48%

Latest Financials - LTIMindtree Ltd.

Standalone Consolidated
TTM EPS (₹) 153.8 157.1
TTM Sales (₹ Cr.) 35,278 36,485
BVPS (₹.) 684.3 711.3
Reserves (₹ Cr.) 21,252 21,045
P/BV 8.51 8.18
PE 37.86 37.06
From the Market
52 Week Low / High (₹) 4518.35 / 6764.80
All Time Low / High (₹) 595.00 / 7595.25
Market Cap (₹ Cr.) 1,72,463
Equity (₹ Cr.) 29.6
Face Value (₹) 1
Industry PE 36

Management X-Ray of LTIMindtree:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of LTIMindtree

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Sales4,9685,8466,5017,3079,44610,87912,37026,10933,18335,517
Operating Expenses 3,9574,8225,2716,1217,5658,8589,65820,88027,08829,143
Manufacturing Costs4774725706868991,1011,105267289224
Material Costs0000000000
Employee Cost 2,9243,5273,7154,3295,4676,5177,42915,98920,88022,732
Other Costs 5568249851,1061,1991,2411,1244,6255,9206,187
Operating Profit 1,0111,0241,2301,1861,8812,0202,7125,2296,0956,374
Operating Profit Margin (%) 20.3%17.5%18.9%16.2%19.9%18.6%21.9%20.0%18.4%17.9%
Other Income 95190187428305338288786570716
Interest 226316118379123150222
Depreciation 158174178156147273333597723819
Exceptional Items 9000000000
Profit Before Tax 9361,0351,2361,4422,0282,0032,5885,2945,7926,049
Tax 1681982653295124826501,3441,3811,464
Profit After Tax 7688379711,1121,5161,5211,9383,9504,4104,585
PAT Margin (%) 15.5%14.3%14.9%15.2%16.0%14.0%15.7%15.1%13.3%12.9%
Adjusted EPS (₹)47.749.256.864.787.187.4110.6224.3148.9154.8
Dividend Payout Ratio (%)63%71%29%33%32%32%36%25%40%42%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24

Equity and Liabilities

Shareholders Fund 1,9932,1172,9933,7854,8275,3367,22414,09916,10819,674
Share Capital 16171717171718183030
Reserves 1,9762,1002,9763,7684,8095,3187,20714,08116,07919,644
Minority Interest0111114679
Debt2044000032415212541
Long Term Debt14000000000
Short Term Debt1904000032415212541
Trade Payables2723413373794676958281,3251,2941,494
Others Liabilities 5894439609921,2212,5392,5585,0625,5816,120
Total Liabilities 3,0572,9414,2915,1586,5158,60310,65520,54423,11527,338

Fixed Assets

Gross Block1,3381,1081,1411,4361,8312,9883,1756,5166,8908,862
Accumulated Depreciation6544715997569011,0691,2693,0443,2113,881
Net Fixed Assets6836385426819301,9201,9063,4733,6794,981
CWIP 252017125966503902551
Investments 104439411,2641,7402,2193,7306,0485,4588,744
Inventories0000000433
Trade Receivables1,0901,1661,1701,3961,8262,3122,0844,5575,6235,706
Cash Equivalents 2012043803634155257591,8372,9322,816
Others Assets9548711,2581,4461,5921,5682,1104,1214,5174,538
Total Assets 3,0572,9414,2915,1586,5158,60310,65520,54423,11527,338

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Cash Flow From Operating Activity 6428591,1708441,3951,6442,4003,2513,0955,670
PBT 9288371,2361,4422,0282,0032,5885,2945,7926,049
Adjustment 84393221136148284181523589594
Changes in Working Capital -92-111-41-376-306-231270-1219-1765598
Tax Paid -277-261-246-358-475-412-640-1,348-1,522-1,571
Cash Flow From Investing Activity -103-44-952-461-744-652-1,656-1,645-331-3,912
Capex -194-114-69-98-153-243-267-1,053-935-833
Net Investments 8968-885-365-593-416-1,406-650477-3,336
Others 2332261657127257
Cash Flow From Financing Activity -497-817-33-408-594-890-509-1,680-1,932-2,269
Net Proceeds from Shares 0700000011
Net Proceeds from Borrowing 0000000000
Interest Paid -6-6-3-14-2-4-2-116-149-219
Dividend Paid -481-547-161-303-450-486-532-1,328-1,563-1,775
Others -11-271131-91-143-40025-237-221-276
Net Cash Flow 42-3185-2457102235-75832-511
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Ratios
ROE (%)43.0340.713832.8235.229.9230.8637.0529.225.63
ROCE (%)48.3247.0546.5541.6146.5740.3841.7349.9738.2734.1
Asset Turnover Ratio1.731.951.81.551.621.441.281.671.521.41
PAT to CFO Conversion(x)0.841.031.20.760.921.081.240.820.71.24
Working Capital Days
Receivable Days74706664626965465658
Inventory Days0000000000
Payable Days0000000000

LTIMindtree Ltd Stock News

LTIMindtree Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of LTIMindtree on 20-Dec-2024 16:59 is ₹5,820.9.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 20-Dec-2024 16:59 the market cap of LTIMindtree stood at ₹1,72,463.4.
The latest P/E ratio of LTIMindtree as of 20-Dec-2024 16:59 is 37.86.
The latest P/B ratio of LTIMindtree as of 20-Dec-2024 16:59 is 8.51.
The 52-week high of LTIMindtree is ₹6,764.8 and the 52-week low is ₹4,518.4.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of LTIMindtree is ₹35,278 ( Cr.) .

About LTIMindtree Ltd

Larsen & Toubro Infotech (LTI) is a global technology consulting and digital solutions company helping many clients succeed in a converging world. With operations in various countries, the company goes extra mile for its clients and accelerate their digital transformation with LTI’s Mosaic platform enabling their mobile, social, analytics, IoT and cloud journeys.

Founded 20 years ago as the information technology arm of the Larsen & Toubro group, its unique heritage gives an unrivaled real-world expertise to solve the most complex challenges of enterprises across all industries.

Business area of the company

LTI is a leading global technology consulting and digital solutions company.

Products and services offered by the company

Services

  • Cloud
  • Consulting
  • Cloud & Infrastructure Services
  • Assurance & Quality Insurance
  • Cyber Defence Resiliency Service
  • Application Management

Industries

  • Banking & Financial Services
  • Insurance
  • Energy & Utilities
  • CPG & Retail
  • Hi-Tech
  • Life Science
  • Healthcare
  • Media & Entertainment
  • Manufacturing

Solutions

  • Oracle
  • SAP
  • Salesforce
  • Microsoft Dynamics 365
  • Maximo
  • JD Edwards
  • Pega
  • ServiceNow
  • IBM
  • AWS

Digital

  • Data & Analytics
  • Internet of Thing
  • Digital Interactive
  • Mobility
  • Digital Integration
  • Artificial Intelligence & Cognitive
  • Intelligent RPA

Awards & Recognition

Leadership & Corporate/Marketing Awards:

  • LTI ranked as the fifth most valuable brand among Indian IT companies and among the Top 100 brands of India, by Brand Finance.
  • Business Standard BS1000 - LTI is 4 on Financial Sustainability Index (FSI).
  • LTI ranked 8th in Dalal Street Investment Journal’s Super 50 rankings.
  • Transformance Forums Employee engagement & experience Summit and Awards- LTI awarded for iRise program.
  • Business Today India’s 500 most valuable companies ranking- LTI recognized as one of most valuable companies in India (amongst top 100).
  • Inclusive Tech Alliance & Financial Times Top 100 Most Influential BAME Leader in UK Tech- Sudhir Chaturvedi, President Sales, LTI, recognized among the Top 100 Most Influential BAME Leader in UK Tech.
  • DataQuest DQ Top 20- LTI stood 11th among the DQ Top20.
  • Stevie Awards for Best employer- LTI won a silver - for best onboarding practices. ACEF Asian Leaders Awards- LTI felicitated with the 8th ACEF Asian Leaders Award 2019
  • World HRD Congress’s CMO Asia Awards- LTI won the prestigious Brand Excellence in IT/ITES 2019 category & Marketing Campaign of the Year
  • LTI ranked as the fifth most valuable brand among Indian IT companies and among the Top 100 brands of India, by Brand Finance.
  • The Birla Institute of Technology and Science (BITS), Pilani Distinguished Alumni Awards 2019 - The BITS Pilani honored Sanjay Jalona, CEO and Managing Director, LTI with the Distinguished Alumni Awards 2019.

Analyst and Advisory Recognitions

  • LTI featured as a Leader in AI Based Automation Capability in Software Testing Services: AI and Digital Next-Gen Testing Nelson Hall NEAT report 2019
  • LTI ranked number 5 in HFS Top 10 Energy Service Providers 2019
  • LTI recognized in The Forrester Wave: Application Modernization And Migration Services, Q3FY2020
  • LTI recognized as a Representative Vendor in Gartner Market Guide for Blockchain Consulting and Proof-of-Concept Development Services 2019, David Groombridge, et al, Q2FY2020.
  • LTI recognized as a sample vendor for Data subject rights fulfillment for privacy requirements such as GDPRCCPA in The Forrester Tech Tide: Data Security and Privacy, Q3FY2020.
  • LTI recognized as a Strong Performer in The Forrester Wave: SAP Services Providers For Midsize Enterprises, Q4FY2020.
  • LTI recognized in Gartner’s Competitive Landscape: Robotic Process Automation Service Providers Arup Roy, Cathy Tornbohm, Q3FY2020.

Milestones

  • 1997- Commenced operation as a subsidiary of L&T.
  • 2002- Achieved SEI- CMM 15-L5 certification.
  • 2004- 1st large multiyear contract from a global energy company.
  • 2007- 1st Acquisition- US based GDA Tech Inc
  • 2008- Established business in South Africa
  • 2010- CMM v12 L5 certification for all development center.
  • 2011- Acquired transfer agency business unit of Citigroup Fund service, Canada.
  • 2013- Focus on manufacturing and service sector.
  • 2014- Inaugurated experience theater for Oracle Technologies in USA
  • 2015- Acquired ISRC from Otis Elevator Company.
  • 2016- Acquired AugmentQ
  • 2016- Initial Public Offering (IPO)
  • 2016- Positioned in top 20 IT service providers by Everest Group.
  • 2017- Synocrdis acquisition in November 2017.
  • 2018- Tops the ‘Challengers’ list in Everest group’s PEAK Martix Service provider of the year 2018.
  • 2019- Acquired Ruletronics in January 2019, Nelsen Partener in Feb 2019, Lymbyc in July 2019 and Powerupcloud in October 2019.
  • 2020- Enters the Nifty Next 50 Index.
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