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LTIMindtree Ltd

(LTIM)

₹6133.73.42%

as on 04:01PM, 22 Nov 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 ₹6317.21

Source: S&P Global Market Intelligence

LTIMindtree Ltd Share analysis

LTIMindtree Ltd price forecast by 39 analysts

Upside of2.99%

High

₹7550

Target

₹6317.21

Low

₹4475

LTIMindtree Ltd target price ₹6317.21, a slight upside of 2.99% compared to current price of ₹6133.7. According to 39 analysts rating.

Source: S&P Global Market Intelligence

LTIMindtree Ltd Performance

  • Day's Low

    Day's High

    ₹5,931.05
    ₹6,148.25
  • 52 Week's Low

    52 Week's High

    ₹4,513.55
    ₹6,574.95
1 Month Return+ 3.35 %
3 Month Return+ 8.72 %
1 Year Return+ 12.11 %
Previous Close₹5,931.05
Open₹5,979.90
Volume3.01L
Upper Circuit-
Lower Circuit-
Market Cap₹1,75,668.16Cr

LTIMindtree Ltd Key Statistics

P/E Ratio39.02
PEG Ratio5.17
Market Cap₹1,75,668.16 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₹1,75,668.16 Cr53.42%0.54₹4,584 Cr₹35,517 Cr
SELL₹2,91,487.20 Cr27.05%0.57₹11,112 Cr₹89,760 Cr
HOLD₹4,98,323.89 Cr47.51%0.53₹15,710 Cr₹1,09,913 Cr
BUY₹14,73,592.77 Cr20.78%0.54₹46,099 Cr₹2,40,893 Cr
HOLD₹1,66,585.80 Cr25.77%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: ₹6133.70 per share as on 22 Nov, 2024 04:01 PM
Market Capitalisation: ₹1,75,668.16Cr 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

  • 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.

  • LTIMindtree Declares Interim Dividend of Rs 20 - 24 Oct, 2024

    LTIMindtree's board has declared an interim dividend of Rs 20 per share, with a record date of October 25. The company has declared a total equity dividend of Rs 65 per share in the past year, resulting in a dividend yield of 1.08%.

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

    Price Rise

    img

    In the last 7 days, LTIM stock has moved up by 5.0%

  • 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

    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 70.6% return, outperforming this stock by 82.1%

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, HCL Technologies Ltd has given 42.8% return, outperforming this stock by 30.7%

  • 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

NIFTY 100

₹24,655.35

2.16 (520.25%)

Nifty100 Quality

₹5,641.60

2.11 (116.6%)

Nifty100 Eq Weig

₹31,252.45

1.77 (543.6%)

S&P BSE Largecap

₹9,246.24

2.16 (195.31%)

S&P BSE 250 LargeMidCap

₹10,372.42

1.99 (202.64%)

BSE Tech

₹19,486.44

3.18 (600.28%)

S&P BSE SENSEX 50

₹25,166.38

2.42 (595.32%)

Nifty Services Sector

₹31,595.75

2.03 (627.9%)

S&P BSE 100 LargeCap TMC

₹8,883.77

2.16 (188.17%)

Nifty Next 50

₹68,016.85

1.87 (1251.4%)

NIFTY IT

₹43,332.10

3.29 (1379.3%)

BSE 200

₹10,937.66

2.01 (215.63%)

S&P BSE AllCap

₹10,471.31

0.68 (71.07%)

BSE IT Sector

₹42,847.97

3.14 (1305.65%)

Nifty 500

₹22,225.55

1.85 (404.7%)

BSE 100

₹25,209.82

2.22 (547.43%)

BSE 500

₹35,009.77

1.89 (648.36%)

S&P BSE Dividend Stability

₹1,008.62

2.31 (22.75%)

Nifty LargeMidcap 250

₹15,487.30

1.65 (250.9%)

Nifty 200

₹13,390.80

1.99 (261.1%)

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

Industry (38.50x)

November 22, 2024

Today (39.02x)

November 22, 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 1.39%.

    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 ₹6133.7

LTIMindtree Ltd is listed on NSE

LTIMindtree Ltd is listed on BSE

  • Today’s highest price of LTIMindtree Ltd is ₹6148.25.
  • Today’s lowest price of LTIMindtree Ltd is ₹5931.05.

PE Ratio of LTIMindtree Ltd is 39.02

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

Today’s traded volume of LTIMindtree Ltd(LTIM) is 3.01L.

Today’s market capitalisation of LTIMindtree Ltd(LTIM) is ₹175668.16Cr.

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

LTIMindtree Ltd(LTIM) share price is ₹6133.7. It is down -6.71% from its 52 Week High price of ₹6574.95

LTIMindtree Ltd(LTIM) share price is ₹6133.7. It is up 35.90% from its 52 Week Low price of ₹4513.55

LTIMindtree Ltd(LTIMReturns
1 Day Returns
202.65%
1 Month Returns
3.35%
3 Month Returns
8.72%
1 Year Returns
12.11%