LTIMindtree Ltd

LTIMindtree Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

LTIMindtree Ltd

₹ 5,718 -0.77%
22 Jul 3:31 p.m.
lntinfotech.com BSE: 540005 NSE: LTIM
About

Larsen & Toubro Infotech Ltd offers extensive range of IT services like application development, maintenance and outsourcing, enterprise solutions, infrastructure management services, testing, digital solutions, and platform-based solutions to the clients in diverse industries.[1]

Key Points

Merger with Mindtree[1]
LTI and Mindtree Ltd (Mindtree), on May 06, 2022, announced the proposal to merge Mindtree into LTI through a scheme of amalgamation as approved by the respective boards of the companies. The shareholders of Mindtree will receive 73 shares of LTI (face value of Rs 1 each) in exchange for 100 shares of Mindtree (face value of Rs 10 each)

Website BSE NSE
  • Market Cap ₹ 1,69,361 Cr.
  • Current Price ₹ 5,718
  • High / Low ₹ 6,443 / 4,514
  • Stock P/E 37.9
  • Book Value ₹ 652
  • Dividend Yield 1.14 %
  • ROCE 34.5 %
  • ROE 25.4 %
  • Face Value ₹ 1.00
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Pros

  • Company is almost debt free.
  • Company has delivered good profit growth of 26.2% CAGR over last 5 years
  • Company has a good return on equity (ROE) track record: 3 Years ROE 29.4%
  • Company has been maintaining a healthy dividend payout of 42.1%

Cons

  • Stock is trading at 8.76 times its book value
  • Promoter holding has decreased over last 3 years: -5.65%

* 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.

Peer comparison

Sector: IT - Software Industry: Computers - Software - Large

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024
3,173 3,427 3,843 3,964 7,338 7,950 8,326 8,362 8,379 8,570 8,701 8,604 8,868
2,592 2,774 3,068 3,195 5,887 6,373 7,022 6,824 6,808 7,000 7,190 7,118 7,330
Operating Profit 582 652 775 769 1,450 1,576 1,304 1,539 1,571 1,569 1,511 1,486 1,539
OPM % 18% 19% 20% 19% 20% 20% 16% 18% 19% 18% 17% 17% 17%
241 109 100 139 155 120 154 72 135 146 218 210 227
Interest 16 16 18 18 30 36 36 42 43 44 56 63 70
Depreciation 65 68 71 84 151 167 161 168 171 194 184 212 214
Profit before tax 741 677 787 806 1,425 1,493 1,261 1,402 1,492 1,478 1,489 1,421 1,482
Tax % 22% 27% 25% 26% 25% 25% 23% 22% 25% 23% 24% 23% 25%
576 497 589 599 1,068 1,127 965 1,089 1,123 1,134 1,135 1,094 1,106
EPS in Rs 32.94 28.36 33.63 34.19 60.93 38.11 32.62 36.82 37.97 38.31 38.36 36.93 37.35
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Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
3,613 4,644 4,744 5,568 6,183 6,906 8,907 10,184 11,566 24,845 31,976 34,253 34,743
2,809 3,797 3,789 4,643 5,085 5,858 7,184 8,318 9,060 19,878 26,106 28,116 28,638
Operating Profit 805 847 955 926 1,098 1,048 1,723 1,866 2,506 4,967 5,870 6,137 6,105
OPM % 22% 18% 20% 17% 18% 15% 19% 18% 22% 20% 18% 18% 18%
17 355 88 228 198 525 329 422 225 889 502 710 802
Interest 20 30 10 6 3 14 4 72 72 119 144 207 234
Depreciation 62 68 91 103 109 91 88 208 268 530 649 760 804
Profit before tax 739 1,104 943 1,044 1,184 1,468 1,960 2,007 2,392 5,207 5,579 5,879 5,869
Tax % 24% 18% 18% 18% 21% 21% 25% 23% 25% 25% 24% 24%
562 902 773 856 938 1,160 1,475 1,552 1,788 3,912 4,248 4,486 4,469
EPS in Rs 174.13 279.79 239.68 50.42 54.97 67.45 85.02 89.15 102.34 223.22 143.61 151.47 150.95
Dividend Payout % 54% 61% 62% 70% 30% 32% 33% 31% 39% 42% 42% 43%
Compounded Sales Growth
10 Years: 22%
5 Years: 31%
3 Years: 44%
TTM: 5%
Compounded Profit Growth
10 Years: 21%
5 Years: 26%
3 Years: 36%
TTM: 4%
Stock Price CAGR
10 Years: %
5 Years: 30%
3 Years: 10%
1 Year: 17%
Return on Equity
10 Years: 31%
5 Years: 29%
3 Years: 29%
Last Year: 25%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity Capital 16 16 16 17 17 17 17 17 18 30 30 30
Reserves 1,217 1,452 1,909 1,947 2,960 3,701 4,696 5,211 6,924 13,846 15,947 19,269
207 107 218 55 0 0 0 0 0 0 0 0
750 930 764 936 1,236 1,300 1,513 3,088 3,047 5,941 6,457 7,159
Total Liabilities 2,189 2,506 2,907 2,955 4,213 5,019 6,227 8,317 9,988 19,816 22,434 26,458
254 294 337 320 286 273 315 1,152 1,033 2,550 2,931 4,220
CWIP 78 51 24 19 1 7 8 40 43 472 856 477
Investments 424 455 458 322 1,231 1,560 2,260 2,874 4,382 6,711 5,919 9,203
1,433 1,706 2,088 2,293 2,695 3,179 3,644 4,252 4,530 10,083 12,728 12,558
Total Assets 2,189 2,506 2,907 2,955 4,213 5,019 6,227 8,317 9,988 19,816 22,434 26,458

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
483 613 580 765 1,047 711 1,248 1,644 2,179 3,206 2,886 5,530
-91 162 -98 38 -935 -244 -687 -570 -1,636 -1,352 -186 -3,834
-402 -743 -495 -817 -44 -408 -595 -918 -513 -1,682 -1,980 -2,163
Net Cash Flow -9 32 -12 -14 68 59 -34 156 30 173 720 -467

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 73 67 79 72 66 70 71 78 64 64 61 57
Inventory Days
Days Payable
Cash Conversion Cycle 73 67 79 72 66 70 71 78 64 64 61 57
Working Capital Days 50 37 78 50 43 63 58 47 39 37 46 36
ROCE % 56% 61% 51% 51% 47% 42% 44% 39% 40% 51% 38% 35%

Shareholding Pattern

Numbers in percentages

25 Recently
Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024
74.09% 74.07% 74.05% 74.03% 74.00% 68.69% 68.68% 68.66% 68.66% 68.64% 68.60% 68.60%
13.25% 12.53% 10.08% 8.42% 8.13% 9.21% 8.41% 8.21% 8.11% 8.65% 7.86% 7.28%
4.72% 5.41% 7.47% 8.10% 8.05% 10.43% 11.61% 12.34% 12.87% 12.85% 13.48% 14.12%
0.00% 0.00% 0.00% 0.04% 0.07% 0.04% 0.05% 0.08% 0.08% 0.08% 0.10% 0.12%
7.94% 7.99% 8.40% 9.41% 9.74% 11.61% 11.22% 10.71% 10.27% 9.78% 9.95% 9.86%
0.00% 0.00% 0.00% 0.00% 0.00% 0.01% 0.01% 0.01% 0.00% 0.00% 0.00% 0.03%
No. of Shareholders 2,39,4842,63,6393,04,6243,87,9904,11,3106,01,3345,72,5455,41,2925,12,5604,83,4435,03,9655,03,444

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents

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