LTIMindtree

₹5991.3 -8.6 | 0.1%

WEBSITE BSE:540005 NSE : LTIM 24 Jan, 16:01

Market Cap ₹177514 Cr.

Stock P/E 38.7

P/B 8.3

Current Price ₹5991.3

Book Value ₹ 719.5

Face Value 1

52W High ₹6764.8

Dividend Yield 1.08%

52W Low ₹ 4518.4

Edit Ratio

LTIMindtree Research see more...

Overview Inc. Year: 1996Industry: IT - Software

Larsen & Toubro Infotech Ltd is an India-based organization, which is engaged in computer programming, consultancy and associated activities. The Company's business segments comprises Industrials Cluster and Services Cluster. The Industrials Cluster segment consists of the enterprise verticals of energy and process, customer packaged goods, retail and pharmaceuticals, hi-tech and consumer electronics, automotive and aerospace, and utilities, engineering and construction. The Services Cluster segment includes the business verticals of banking and financial offerings, coverage, media and leisure, travel and logistics, and other miscellaneous business verticals. The Company offers quite a number of services, consisting of Analytics & Information Management (AIM), Consulting, Internet of Things, Applications Management, Enterprise Integration, Industrial Internet of Things, System Integration, Assurance Services, Geographical Information System (GIS) and Infrastructure Management.

LTIMindtree Share Price

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Peer Comparison

LTIMindtree Quarterly Results

#(Fig in Cr.)
Net Sales
Other Income
Total Income
Total Expenditure
Operating Profit
Interest
Depreciation
Exceptional Income / Expenses
Profit Before Tax
Provision for Tax
Profit After Tax
Adjustments
Profit After Adjustments
Adjusted Earnings Per Share

LTIMindtree Profit & Loss

#(Fig in Cr.)	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Net Sales	4277	4744	5569	6183	6906	8907	10184	11566	24845	31976	34253
Other Income	26	93	231	198	527	331	431	238	908	514	724
Total Income	4303	4837	5799	6381	7434	9239	10615	11805	25753	32490	34977
Total Expenditure	3376	3793	4646	5085	5860	7186	8327	9073	19898	26118	28130
Operating Profit	926	1044	1154	1296	1574	2052	2287	2732	5856	6371	6847
Interest	30	10	6	3	14	4	72	72	119	144	207
Depreciation	68	91	103	109	91	88	208	268	530	649	760
Exceptional Income / Expenses	259	0	0	0	0	0	0	0	0	0	0
Profit Before Tax	1088	943	1044	1184	1468	1960	2007	2392	5207	5579	5879
Provision for Tax	230	170	188	247	308	485	455	604	1295	1330	1394
Profit After Tax	857	773	856	938	1160	1475	1552	1788	3912	4248	4486
Adjustments	45	0	0	0	0	0	0	0	0	0	0
Profit After Adjustments	902	773	856	938	1160	1475	1552	1788	3912	4248	4486
Adjusted Earnings Per Share	53.2	47.9	50.4	54.8	67.4	84.8	89.2	102.2	222.3	143.5	151.6

Growth Rates

#	1 Year	3 Year	5 Year	10 Year
Sales CAGR	7%	44%	31%	23%
Operating Profit CAGR	7%	36%	27%	22%
PAT CAGR	6%	36%	25%	18%

#	1 Year	3 Year	5 Year	10 Year
Share Price CAGR	7%	0%	25%	NA%
ROE Average	26%	31%	31%	38%
ROCE Average	35%	41%	41%	47%

LTIMindtree Balance Sheet

#(Fig in Cr.)	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Shareholder's Funds	1469	1925	1964	2977	3719	4714	5229	6942	13875	15977	19299
Minority's Interest	0	0	0	0	0	0	0	0	0	0	0
Borrowings	27	14	0	0	0	0	0	0	0	0	0
Other Non-Current Liabilities	104	72	-196	-115	-144	-124	790	678	1118	994	1489
Total Current Liabilities	907	896	967	1208	1252	1481	2085	2321	4792	5105	5469
Total Liabilities	2506	2907	2735	4069	4827	6070	8103	9941	19785	22076	26256
Fixed Assets	294	337	320	286	273	315	1152	1033	2550	2931	4220
Other Non-Current Assets	619	658	593	708	600	915	965	1327	2825	2618	3855
Total Current Assets	1593	1911	1822	3075	3954	4841	5987	7580	14410	16526	18182
Total Assets	2506	2907	2735	4069	4827	6070	8103	9941	19785	22076	26256

LTIMindtree Cash Flow

#(Fig in Cr.)	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Opening Cash & Cash Equivalents	114	146	136	122	191	250	215	372	1160	1342	2062
Cash Flow from Operating Activities	616	580	765	1047	711	1248	1644	2179	3206	2887	5530
Cash Flow from Investing Activities	162	-98	34	-928	-250	-683	-578	-1637	-1355	-249	-3833
Cash Flow from Financing Activities	-746	-495	-817	-44	-408	-595	-919	-513	-1682	-1980	-2163
Net Cash Inflow / Outflow	32	-12	-18	76	54	-30	147	29	170	658	-466
Closing Cash & Cash Equivalent	146	133	122	191	250	215	371	403	1333	2063	1595

LTIMindtree Ratios

#	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Earnings Per Share (Rs)	53.16	47.94	50.36	54.83	67.45	84.78	89.22	102.19	222.29	143.52	151.55
CEPS(Rs)	57.4	53.56	56.45	61.2	72.76	89.84	101.2	117.49	252.41	165.43	177.24
DPS(Rs)	34.2	29.8	34.79	16.55	21.5	28	28	40	55	60	65
Book NAV/Share(Rs)	89	117.31	115.08	165.25	209.12	263.23	294.4	392.13	777.64	523.42	640.38
Core EBITDA Margin(%)	21.05	20.04	16.57	17.76	15.15	19.32	18.23	21.56	19.91	18.32	17.88
EBIT Margin(%)	26.13	20.09	18.86	19.2	21.46	22.05	20.41	21.31	21.44	17.9	17.77
Pre Tax Margin(%)	25.43	19.87	18.75	19.15	21.26	22	19.71	20.68	20.96	17.45	17.16
PAT Margin (%)	20.04	16.29	15.38	15.16	16.8	16.56	15.24	15.46	15.75	13.29	13.1
Cash Profit Margin (%)	21.64	18.2	17.23	16.93	18.12	17.55	17.29	17.78	17.88	15.31	15.32
ROA(%)	36.54	28.56	30.35	27.56	26.08	27.07	21.91	19.82	26.32	20.3	18.56
ROE(%)	65.03	46.47	44.5	39.21	36.13	36.08	32	29.84	38.08	29.12	26.04
ROCE(%)	74.06	51.24	50.47	47.54	44.27	46.58	41.82	40.5	51.17	38.34	34.51
Receivable days	67.12	72.36	69.89	65.64	64.74	62.63	70	66.29	46.66	55.06	56.96
Inventory Days	0	0	0	0	0	0	0	0	0.06	0.04	0.03
Payable days	0	0	0	0	0	0	0	0	0	0	0
PER(x)	0	0	0	12.97	19.88	19.87	16.04	39.61	27.7	33.15	32.57
Price/Book(x)	0	0	0	4.3	6.41	6.4	4.86	10.32	7.92	9.09	7.71
Dividend Yield(%)	0	0	0	2.33	1.6	1.66	1.96	0.99	0.89	1.26	1.32
EV/Net Sales(x)	-0.01	0.02	-0.01	1.94	3.3	3.27	2.41	6.09	4.29	4.32	4.19
EV/Core EBITDA(x)	-0.02	0.1	-0.04	9.23	14.5	14.18	10.72	25.78	18.21	21.69	20.96
Net Sales Growth(%)	33.88	10.93	17.37	11.03	11.7	28.97	14.34	13.57	114.81	28.7	7.12
EBIT Growth(%)	63.78	-14.72	10.19	13.07	24.83	32.51	5.86	18.53	116.11	7.46	6.36
PAT Growth(%)	70.03	-9.83	10.77	9.51	23.73	27.15	5.24	15.2	118.76	8.59	5.6
EPS Growth(%)	70.03	-9.83	5.07	8.87	23.01	25.69	5.24	14.54	117.52	-35.44	5.6
Debt/Equity(x)	0.07	0.12	0.03	0	0	0	0	0	0	0	0
Current Ratio(x)	1.76	2.13	1.88	2.55	3.16	3.27	2.87	3.27	3.01	3.24	3.32
Quick Ratio(x)	1.76	2.13	1.88	2.55	3.16	3.27	2.87	3.27	3.01	3.24	3.32
Interest Cover(x)	37.54	91.47	181.05	371.06	107.41	456.74	28.88	34.27	44.87	39.71	29.39
Total Debt/Mcap(x)	0	0	0	0	0	0	0	0	0	0	0

LTIMindtree Shareholding Pattern

#	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024
Promoter	74	68.69	68.68	68.66	68.66	68.64	68.6	68.6	68.6	68.57
FII	8.13	9.21	8.41	8.21	8.11	8.65	7.86	7.28	7.39	7.45
DII	8.05	10.48	11.67	12.41	12.95	12.92	13.58	14.23	14.89	14.98
Public	9.81	11.63	11.24	10.72	10.28	9.78	9.96	9.89	9.12	9
Others	0	0	0	0	0	0	0	0	0	0
Total	100	100	100	100	100	100	100	100	100	100

#	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024
Promoter	12.98	20.32	20.32	20.32	20.32	20.32	20.32	20.32	20.32	20.32
FII	1.43	2.72	2.49	2.43	2.4	2.56	2.33	2.16	2.19	2.21
DII	1.41	3.1	3.45	3.67	3.83	3.82	4.02	4.21	4.41	4.44
Public	1.72	3.44	3.33	3.17	3.04	2.9	2.95	2.93	2.7	2.67
Others	0	0	0	0	0	0	0	0	0	0
Total	17.54	29.58	29.58	29.59	29.59	29.6	29.62	29.62	29.62	29.63

Pros

Company has delivered good profit growth of 24% CAGR over last 5 years
Company has a good return on equity (ROE) track record: 3 Years ROE 31%
Company is almost debt free.

Cons

Stock is trading at 8.3 times its book value.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.