Analyst Rating
based on 39 analysts
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 ₹5761.56
Source: S&P Global Market Intelligence
LTIMindtree Ltd Share analysis
LTIMindtree Ltd price forecast by 39 analysts
Downside of
High
₹7700
Target
₹5761.56
Low
₹4199
LTIMindtree Ltd target price ₹5761.56, a slight downside of -9.5% compared to current price of ₹6377.15. According to 39 analysts rating.
Excluding Excise Duty and Other Income, represents Net Revenue
LTIMindtree Ltd revenue growth forecast
Expected growth rate Q1, FY2026:20.54%
Forecast
Actual
Including amortisation and stock based compensations
LTIMindtree Ltd EPS growth forecast
EPS estimate Q1, FY2026:29.11%
Forecast
Actual
Source: S&P Global Market Intelligence
Performance
Day's Low
Day's High
₹6,344.15₹6,574.9552 Week's Low
52 Week's High
₹4,513.55₹6,574.95
| Returns % | |
| 1 Month Return | + 12.16 % |
| 3 Month Return | + 26.82 % |
| 1 Year Return | + 16.31 % |
| Market Stats | |
| Previous Close | ₹6,366.30 |
| Open | ₹6,440.00 |
| Volume | 7.53L |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹1,88,552.69Cr |
Key Statistics
| P/E Ratio | 41.28 |
| PEG Ratio | 11.25 |
| Market Cap | ₹1,88,552.69 Cr |
| P/B Ratio | 7.57 |
| EPS | 154.89 |
| Dividend Yield | 1.32 |
| Sector | IT - Software |
| ROE | 25.43 |
Peer Comparison
Company | Analyst View | Market Cap | 5 Year CAGR | Debt to Asset Ratio | Net Profit | Yearly Revenue |
|---|---|---|---|---|---|---|
| HOLD | ₹1,88,552.69 Cr | 61.77% | 0.54 | ₹4,584 Cr | ₹35,517 Cr | |
| ₹2,81,518.86 Cr | 24.57% | 0.57 | ₹11,112 Cr | ₹89,760 Cr | ||
| HOLD | ₹4,76,655.27 Cr | 46.94% | 0.53 | ₹15,710 Cr | ₹1,09,913 Cr | |
| BUY | ₹15,72,475.11 Cr | 21.35% | 0.54 | ₹46,099 Cr | ₹2,40,893 Cr | |
| HOLD | ₹1,57,064.24 Cr | 25.65% | 0.55 | ₹2,396 Cr | ₹51,995 Cr |
Mutual Fund Holdings
Company Information
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: ₹6377.15 per share as on 19 Sep, 2024 04:01 PM
Market Capitalisation: ₹1,88,552.69Cr as of today
Revenue: ₹9,142.60Cr as on June 2024 (Q2 24)
Net Profit: ₹1,135.10Cr as on June 2024 (Q2 24)
Listing date: 21 Jul, 2016
Chairperson Name: S N Subrahmanyan
| Organisation | LTIMindtree Ltd |
| Headquarters | Mumbai |
| Industry | IT - Software |
| E-voting on shares | Click here to vote |
Key events for LTIMindtree Ltd
Citi Maintains Sell Rating on LTIMindtree Stock - 18 Sep, 2024
Citi has reiterated a Sell rating on LTIMindtree with a target price of Rs 5,635, highlighting ongoing margin pressures and limited visibility on growth. The Nifty IT index also fell nearly 3% amid broader market concerns.
LTIMindtree Implements Attendance Policy and Receives Ratings - 13 Sep, 2024
LTIMindtree has linked employee leaves to attendance under a new policy and received affirmation of issuer ratings from India Ratings and Research.
LTIMindtree Faces Demand Notices from GHMC - 11 Sep, 2024
LTIMindtree Limited received demand notices totaling INR 10,847,424 from GHMC for allegedly not obtaining a trade license in Hyderabad. The company disputes the claims, stating the levy is unjustified and plans to appeal. They believe there will be no material impact on their financials or operations.
LTIMindtree Gains on Positive Outlook and Market Performance - 10 Sep, 2024
LTIMindtree received a positive outlook due to its strong data and ERP modernization offerings, with a target price of ₹7,400. The stock also gained three percent, nearing its 52-week high.
LTIMindtree Faces Skepticism Despite Profit Increase - 09 Sep, 2024
LTIMindtree reported an increase in Q1 FY25 consolidated net profit; however, skepticism remains as 24 out of 40 brokerages recommend Hold or Sell. CLSA maintains an Underperform rating, reflecting caution in the Indian IT sector.
LTIMindtree Implements Strict Return-to-Office Policy - 03 Sep, 2024
LTIMindtree Ltd has introduced a work-from-office policy linking employee leave to attendance. Employees missing four days will lose a day's leave, with a cap of 1.5 days deduction per month. The policy categorizes employees based on their work location requirements.
LTIMindtree Stock Sees Significant Gains - 01 Sep, 2024
LTIMindtree and L&T Technology Services have experienced substantial gains of 14-18% over the past fortnight, outperforming the Nifty IT index. This growth is attributed to recovery in key sectors and positive medium-term outlooks, leading to stock upgrades by brokerages.
LTIMindtree Stock Breakout Signals Bullish Trend - 31 Aug, 2024
LTIMindtree's stock has broken out of a consolidation phase, supported by strong volumes and bullish indicators. Recommended accumulation in the Rs 6,150-6,100 range, with a target of Rs 6,500 to Rs 6,750.
LTIMindtree Gains from Tax Order Stay - 29 Aug, 2024
The Karnataka High Court has stayed a Rs 378 crore tax order against LTIMindtree, while Kotak Securities upgraded the stock, highlighting strong revenue growth potential.
LTIMindtree Shares Surge After Upgrade and Court Stay - 28 Aug, 2024
LTIMindtree shares rose 7% following a rating upgrade by Kotak Institutional Equities, which raised the target price to Rs 6,200. This surge was also supported by a Karnataka High Court stay on a Rs 378-crore GST demand against the company, indicating positive sentiment for future growth in the BFS and hi-tech sectors.
Karnataka HC Grants Stay on LTIMindtree's GST Demand - 27 Aug, 2024
LTIMindtree Ltd received an interim stay from the Karnataka High Court on a ₹378-crore GST demand order, following a writ petition challenging its legality. The stay halts proceedings related to the tax demand until further notice.
LTIMindtree to Be Excluded from Nifty 50 Index - 26 Aug, 2024
LTIMindtree is set to be removed from the Nifty 50 index, effective September 30, impacting its market presence and investor sentiment.
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.
POSITIVE IMPACTProfit Spike
Netprofit is up for the last 2 quarters, 1.09K Cr → 1.13K Cr (in ₹), with an average increase of 3.0% per quarter
- POSITIVE IMPACT
Revenue Rich
Revenue is up for the last 2 quarters, 9.10K Cr → 9.36K Cr (in ₹), with an average increase of 2.9% per quarter
- POSITIVE IMPACT
Price Rise
In the last 3 years, LTIM stock has moved up by 14.8%
NO EFFECTAgainst Peers
In the last 3 years, HCL Technologies Ltd has given 37.6% return, outperforming this stock by 22.9%
- NO EFFECT
Against Peers
In the last 1 year, HCL Technologies Ltd has given 35.8% return, outperforming this stock by 19.5%
- NO EFFECT
Promoter Holding Unchanged
Promoters holdings remained unchanged at 68.60% of holdings in Jun 2024 quarter
NEGATIVE IMPACTRetail Holding Down
Retail Investor have decreased holdings from 9.95% to 9.85% in Jun 2024 quarter
- NEGATIVE IMPACT
FII Holding Down
Foreign Institutions have decreased holdings from 7.86% to 7.28% in Jun 2024 quarter
- NEGATIVE IMPACT
MF Holding Down
Mutual Funds have decreased holdings from 6.22% to 5.44% in Jun 2024 quarter
Company Financials
Index Inclusions
Shareholding Pattern
| Investors | Holdings % | FY Quarter | 3M change |
|---|---|---|---|
| Promoter Holdings | 68.6% | 0.00 | |
| Foreign Institutions | 7.28% | ||
| Mutual Funds | 5.44% | ||
| Retail Investors | 9.85% | ||
| Others | 8.83% | 19.80 |
Key Indicators
LTIMindtree Ltd Valuation
LTIMindtree Ltd in the last 5 years
Lowest (15.25x)
March 23, 2020
Industry (40.92x)
September 18, 2024
Today (41.28x)
September 18, 2024
Highest (61.22x)
November 17, 2021
Earnings and Dividends
LTIMindtree Ltd Earnings Results
LTIMindtree Ltd’s net profit fell -1.54% since last year same period to ₹1,133.80Cr in the Q1 2024-2025. On a quarterly growth basis, LTIMindtree Ltd has generated 3.08% jump in its net profits since last 3-months.
Read More about Earnings ResultsLTIMindtree Ltd Dividends April,2024
In the quarter ending March 2024, LTIMindtree Ltd has declared dividend of ₹45 - translating a dividend yield of 1.65%.
Read More about Dividends
Technicals Summary
Bearish
Neutral
Bullish
LTIMindtree Ltd is currently in a Bullish trading position according to technical analysis indicators.
Frequently Asked Questions
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LTIMindtree Ltd (LTIM) share price today is ₹6377.15
LTIMindtree Ltd is listed on NSE
LTIMindtree Ltd is listed on BSE
- Today’s highest price of LTIMindtree Ltd is ₹6574.95.
- Today’s lowest price of LTIMindtree Ltd is ₹6344.15.
PE Ratio of LTIMindtree Ltd is 41.28
PE ratio = LTIMindtree Ltd Market price per share / LTIMindtree Ltd Earnings per share
Today’s traded volume of LTIMindtree Ltd(LTIM) is 7.53L.
Today’s market capitalisation of LTIMindtree Ltd(LTIM) is ₹188552.69Cr.
| LTIMindtree Ltd(LTIM | Price |
|---|---|
52 Week High | ₹6574.95 |
52 Week Low | ₹4513.55 |
LTIMindtree Ltd(LTIM) share price is ₹6377.15. It is down -3.01% from its 52 Week High price of ₹6574.95
LTIMindtree Ltd(LTIM) share price is ₹6377.15. It is up 41.29% from its 52 Week Low price of ₹4513.55
| LTIMindtree Ltd(LTIM | Returns |
|---|---|
1 Day Returns | 10.85% |
1 Month Returns | 12.16% |
3 Month Returns | 26.82% |
1 Year Returns | 16.31% |