Is LTIMindtree a good quality company?

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

Is LTIMindtree 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 .

What is LTIMindtree share price return in the past 10 years?

Data is not available for this company

Is LTIMindtree a good buy now?

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

LTIMindtree Ltd - Stock Valuation and Financial Performance

Name: LTIMindtree
Brand: LTIMindtree

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

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LTIMindtree Share Price

₹6,162.95 -47.20 -0.76%
as on 03-Dec'24 16:59

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

Standalone Basis ^P Consolidated Basis ^P

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

Value Creation ⓘ

Value Creation Index Colour Code Guide ⓘ

	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	TTM
ROCE % ⓘ	48.3%	47.1%	46.6%	41.6%	46.6%	40.4%	41.7%	50%	38.3%	34.1%	-
Value Creation Index ⓘ	3.3	2.4	2.5	2.7	3.1	2.6	2.7	3.4	2.4	2.0	-
Growth Parameters ⓘ Growth Parameters Colour Code Guide ⓘ
Sales ⓘ	4,968	5,846	6,501	7,307	9,446	10,879	12,370	26,109	33,183	35,517	36,485
Sales YoY Gr.	-	17.7%	11.2%	12.4%	29.3%	15.2%	13.7%	111.1%	27.1%	7%	-
Adj EPS ⓘ	44.3	42.6	50.6	50.7	80.2	79.7	110.5	207.8	146.6	154.5	157.1
YoY Gr.	-	-4%	18.9%	0.2%	58.2%	-0.6%	38.7%	88%	-29.4%	5.4%	-
BVPS (₹) ⓘ	123.6	124.5	175	220.1	277.4	306.7	412.8	801.1	544.2	664.7	711.5
Adj Net Profit ⓘ	715	723	863	872	1,391	1,388	1,932	3,641	4,337	4,574	4,654
Cash Flow from Ops. ⓘ	642	859	1,170	844	1,395	1,644	2,400	3,251	3,095	5,670	-
Debt/CF from Ops. ⓘ	0.3	0.1	0	0	0	0	0	0	0	0	-

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%
BVPSⓘ	20.6%	19.1%	17.2%	22.1%
Share Price	-	30.6%	-3.5%	10.6%

Key Financial Parameters ⓘ

Performance Ratio Colour Code Guide ⓘ

	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	TTM
Return on Equity % ⓘ	39.3	34.8	32.8	24.9	31.8	27	30.4	33.7	28.1	25	22.8
Op. Profit Mgn % ⓘ	20.4	17.6	18.9	16.2	19.9	18.6	21.9	20	18.4	18	17.6
Net Profit Mgn % ⓘ	14.4	12.4	13.3	11.9	14.7	12.8	15.6	14	13.1	12.9	12.8
Debt to Equity ⓘ	0.1	0	0	0	0	0	0	0	0	0	0
Working Cap Days ⓘ	136	127	125	132	121	122	119	90	104	105	94
Cash Conv. Cycle ⓘ	49	44	38	39	39	43	34	23	34	37	66

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 (₹.) ⓘ	684.5	711.5
Reserves (₹ Cr.) ⓘ	20,245	21,045
P/BV ⓘ	9.07	8.73
PE ⓘ	40.38	39.53

From the Market
52 Week Low / High (₹)	4518.35 / 6575.00
All Time Low / High (₹)	595.00 / 7595.25
Market Cap (₹ Cr.)	1,83,935
Equity (₹ Cr.)	29.6
Face Value (₹)	1
Industry PE ⓘ	34.7

Management X-Ray of LTIMindtree:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

0.00

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

Valuation of LTIMindtree

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Price Chart

Price to Earnings

Enterprise Value to EBIT

Price to Book-Value

Price to Sales

Dividend History

Analyst's Notes

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Key Ratios of LTIMindtree

Standalone Basis Consolidated Basis

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Sales	4,968	5,846	6,501	7,307	9,446	10,879	12,370	26,109	33,183	35,517
Operating Expenses ⓘ	3,957	4,822	5,271	6,121	7,565	8,858	9,658	20,880	27,088	29,143
Manufacturing Costs	477	472	570	686	899	1,101	1,105	267	289	224
Material Costs	0	0	0	0	0	0	0	0	0	0
Employee Cost	2,924	3,527	3,715	4,329	5,467	6,517	7,429	15,989	20,880	22,732
Other Costs ⓘ	556	824	985	1,106	1,199	1,241	1,124	4,625	5,920	6,187
Operating Profit ⓘ	1,011	1,024	1,230	1,186	1,881	2,020	2,712	5,229	6,095	6,374
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 ⓘ	95	190	187	428	305	338	288	786	570	716
Interest ⓘ	22	6	3	16	11	83	79	123	150	222
Depreciation ⓘ	158	174	178	156	147	273	333	597	723	819
Exceptional Items ⓘ	9	0	0	0	0	0	0	0	0	0
Profit Before Tax ⓘ	936	1,035	1,236	1,442	2,028	2,003	2,588	5,294	5,792	6,049
Tax ⓘ	168	198	265	329	512	482	650	1,344	1,381	1,464
Profit After Tax	768	837	971	1,112	1,516	1,521	1,938	3,950	4,410	4,585
PAT Margin (%)	15.5%	14.3%	14.9%	15.2%	16.0%	14.0%	15.7%	15.1%	13.3%	12.9%
Adjusted EPS (₹)	47.7	49.2	56.8	64.7	87.1	87.4	110.6	224.3	148.9	154.8
Dividend Payout Ratio (%)	63%	71%	29%	33%	32%	32%	36%	25%	40%	42%

Balance Sheet

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Equity and Liabilities
Shareholders Fund	1,993	2,117	2,993	3,785	4,827	5,336	7,224	14,099	16,108	19,674
Share Capital ⓘ	16	17	17	17	17	17	18	18	30	30
Reserves ⓘ	1,976	2,100	2,976	3,768	4,809	5,318	7,207	14,081	16,079	19,644
Minority Interest	0	1	1	1	1	1	4	6	7	9
Debt	204	40	0	0	0	32	41	52	125	41
Long Term Debt	14	0	0	0	0	0	0	0	0	0
Short Term Debt	190	40	0	0	0	32	41	52	125	41
Trade Payables	272	341	337	379	467	695	828	1,325	1,294	1,494
Others Liabilities ⓘ	589	443	960	992	1,221	2,539	2,558	5,062	5,581	6,120
Total Liabilities ⓘ	3,057	2,941	4,291	5,158	6,515	8,603	10,655	20,544	23,115	27,338
Fixed Assets
Gross Block	1,338	1,108	1,141	1,436	1,831	2,988	3,175	6,516	6,890	8,862
Accumulated Depreciation	654	471	599	756	901	1,069	1,269	3,044	3,211	3,881
Net Fixed Assetsⓘ	683	638	542	681	930	1,920	1,906	3,473	3,679	4,981
CWIP ⓘ	25	20	1	7	12	59	66	503	902	551
Investmentsⓘ	104	43	941	1,264	1,740	2,219	3,730	6,048	5,458	8,744
Inventories	0	0	0	0	0	0	0	4	3	3
Trade Receivables	1,090	1,166	1,170	1,396	1,826	2,312	2,084	4,557	5,623	5,706
Cash Equivalents	201	204	380	363	415	525	759	1,837	2,932	2,816
Others Assetsⓘ	954	871	1,258	1,446	1,592	1,568	2,110	4,121	4,517	4,538
Total Assets ⓘ	3,057	2,941	4,291	5,158	6,515	8,603	10,655	20,544	23,115	27,338

Cash Flow

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Cash Flow From Operating Activity ⓘ	642	859	1,170	844	1,395	1,644	2,400	3,251	3,095	5,670
PBT ⓘ	928	837	1,236	1,442	2,028	2,003	2,588	5,294	5,792	6,049
Adjustment ⓘ	84	393	221	136	148	284	181	523	589	594
Changes in Working Capital ⓘ	-92	-111	-41	-376	-306	-231	270	-1219	-1765	598
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	89	68	-885	-365	-593	-416	-1,406	-650	477	-3,336
Others ⓘ	2	3	3	2	2	6	16	57	127	257
Cash Flow From Financing Activityⓘ	-497	-817	-33	-408	-594	-890	-509	-1,680	-1,932	-2,269
Net Proceeds from Shares ⓘ	0	7	0	0	0	0	0	0	1	1
Net Proceeds from Borrowing ⓘ	0	0	0	0	0	0	0	0	0	0
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	-271	131	-91	-143	-400	25	-237	-221	-276
Net Cash Flow ⓘ	42	-3	185	-24	57	102	235	-75	832	-511

Finance Ratio

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Ratios
ROE (%)	43.03	40.71	38	32.82	35.2	29.92	30.86	37.05	29.2	25.63
ROCE (%)	48.32	47.05	46.55	41.61	46.57	40.38	41.73	49.97	38.27	34.1
Asset Turnover Ratio	1.73	1.95	1.8	1.55	1.62	1.44	1.28	1.67	1.52	1.41
PAT to CFO Conversion(x)	0.84	1.03	1.2	0.76	0.92	1.08	1.24	0.82	0.7	1.24
Working Capital Days
Receivable Days	74	70	66	64	62	69	65	46	56	58
Inventory Days	0	0	0	0	0	0	0	0	0	0
Payable Days	0	0	0	0	0	0	0	0	0	0

LTIMindtree Ltd Stock News

LTIMindtree Ltd FAQs

What is the share price of LTIMindtree?

Company share prices are keep on changing according to the market conditions. The closing price of LTIMindtree on 03-Dec-2024 16:59 is ₹6,163.

What is the market cap of LTIMindtree?

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 03-Dec-2024 16:59 the market cap of LTIMindtree stood at ₹1,83,934.7.

What is the P/E ratio of LTIMindtree?

The latest P/E ratio of LTIMindtree as of 03-Dec-2024 16:59 is 40.38.

What is the P/B ratio of LTIMindtree?

The latest P/B ratio of LTIMindtree as of 03-Dec-2024 16:59 is 9.07.

What is the 52-week high and low of LTIMindtree?

The 52-week high of LTIMindtree is ₹6,575 and the 52-week low is ₹4,518.4.

What is the TTM revenue of LTIMindtree?

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.