LTIMindtree Ltd
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]
- Market Cap ₹ 1,67,235 Cr.
- Current Price ₹ 5,644
- High / Low ₹ 6,768 / 4,514
- Stock P/E 35.9
- Book Value ₹ 712
- Dividend Yield 1.15 %
- ROCE 31.2 %
- ROE 25.0 %
- Face Value ₹ 1.00
Pros
- Company has delivered good profit growth of 24.8% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 29.0%
- Company has been maintaining a healthy dividend payout of 41.2%
Cons
- Stock is trading at 7.93 times its book value
- Promoter holding has decreased over last 3 years: -5.49%
* 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
Part of BSE 500 BSE Information Technology BSE 100 BSE 200 BSE Dollex 200
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
3,851 | 4,920 | 4,978 | 5,846 | 6,501 | 7,306 | 9,446 | 10,879 | 12,370 | 26,109 | 33,183 | 35,517 | 36,485 | |
2,981 | 3,773 | 3,973 | 4,819 | 5,271 | 6,119 | 7,562 | 8,849 | 9,645 | 20,860 | 27,075 | 29,130 | 30,059 | |
Operating Profit | 870 | 1,147 | 1,005 | 1,028 | 1,230 | 1,187 | 1,883 | 2,029 | 2,725 | 5,249 | 6,108 | 6,387 | 6,426 |
OPM % | 23% | 23% | 20% | 18% | 19% | 16% | 20% | 19% | 22% | 20% | 18% | 18% | 18% |
22 | 217 | 99 | 187 | 187 | 426 | 302 | 329 | 274 | 766 | 557 | 702 | 953 | |
Interest | 21 | 31 | 10 | 6 | 3 | 16 | 11 | 83 | 79 | 123 | 150 | 222 | 271 |
Depreciation | 123 | 130 | 158 | 174 | 178 | 156 | 147 | 273 | 332 | 597 | 723 | 819 | 902 |
Profit before tax | 749 | 1,204 | 936 | 1,035 | 1,236 | 1,442 | 2,028 | 2,003 | 2,588 | 5,294 | 5,792 | 6,049 | 6,205 |
Tax % | 25% | 17% | 18% | 19% | 21% | 23% | 25% | 24% | 25% | 25% | 24% | 24% | |
562 | 996 | 769 | 836 | 971 | 1,112 | 1,516 | 1,520 | 1,938 | 3,950 | 4,410 | 4,585 | 4,657 | |
EPS in Rs | 174.14 | 308.96 | 238.30 | 49.25 | 56.91 | 64.65 | 87.37 | 87.30 | 110.79 | 225.27 | 149.02 | 154.72 | 157.15 |
Dividend Payout % | 54% | 55% | 63% | 72% | 29% | 33% | 32% | 32% | 36% | 41% | 40% | 42% |
Compounded Sales Growth | |
---|---|
10 Years: | 22% |
5 Years: | 30% |
3 Years: | 42% |
TTM: | 4% |
Compounded Profit Growth | |
---|---|
10 Years: | 16% |
5 Years: | 25% |
3 Years: | 33% |
TTM: | 5% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 26% |
3 Years: | -8% |
1 Year: | -10% |
Return on Equity | |
---|---|
10 Years: | 31% |
5 Years: | 29% |
3 Years: | 29% |
Last Year: | 25% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 16 | 16 | 16 | 17 | 17 | 17 | 17 | 17 | 18 | 30 | 30 | 30 | 30 |
Reserves | 1,323 | 1,594 | 2,010 | 2,108 | 3,127 | 3,843 | 4,876 | 5,387 | 7,286 | 14,258 | 16,562 | 19,988 | 21,045 |
234 | 110 | 218 | 55 | 0 | 0 | 0 | 912 | 798 | 258 | 1,541 | 2,071 | 2,326 | |
756 | 945 | 734 | 958 | 1,273 | 1,477 | 1,770 | 2,499 | 2,604 | 6,027 | 5,348 | 5,456 | 5,361 | |
Total Liabilities | 2,328 | 2,666 | 2,978 | 3,137 | 4,417 | 5,337 | 6,664 | 8,815 | 10,706 | 20,572 | 23,481 | 27,544 | 28,761 |
699 | 649 | 683 | 638 | 542 | 681 | 930 | 1,920 | 1,906 | 3,473 | 3,679 | 4,981 | 5,450 | |
CWIP | 142 | 57 | 25 | 20 | 1 | 7 | 12 | 59 | 66 | 503 | 902 | 551 | 498 |
Investments | 49 | 169 | 104 | 43 | 941 | 1,264 | 1,740 | 2,219 | 3,730 | 6,048 | 5,458 | 8,744 | 9,664 |
1,438 | 1,791 | 2,166 | 2,437 | 2,934 | 3,385 | 3,982 | 4,617 | 5,004 | 10,548 | 13,442 | 13,269 | 13,149 | |
Total Assets | 2,328 | 2,666 | 2,978 | 3,137 | 4,417 | 5,337 | 6,664 | 8,815 | 10,706 | 20,572 | 23,481 | 27,544 | 28,761 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
608 | 628 | 642 | 858 | 1,170 | 844 | 1,395 | 1,644 | 2,400 | 3,251 | 3,095 | 5,670 | |
-224 | 180 | -103 | -40 | -961 | -452 | -749 | -643 | -1,657 | -1,643 | -271 | -3,918 | |
-396 | -769 | -497 | -817 | -33 | -408 | -594 | -890 | -509 | -1,680 | -1,932 | -2,269 | |
Net Cash Flow | -13 | 40 | 42 | 2 | 176 | -16 | 52 | 110 | 234 | -73 | 892 | -518 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
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 | 70 | 69 | 80 | 73 | 66 | 70 | 71 | 78 | 61 | 64 | 62 | 59 |
Inventory Days | ||||||||||||
Days Payable | ||||||||||||
Cash Conversion Cycle | 70 | 69 | 80 | 73 | 66 | 70 | 71 | 78 | 61 | 64 | 62 | 59 |
Working Capital Days | 50 | 42 | 72 | 52 | 43 | 60 | 53 | 47 | 38 | 40 | 48 | 40 |
ROCE % | 52% | 75% | 48% | 47% | 46% | 42% | 47% | 37% | 37% | 48% | 36% | 31% |
Documents
Announcements
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Update To Intimation Dated September 19, 2024
17 Dec - Writ petition filed against tax order, interim stay granted.
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Announcement under Regulation 30 (LODR)-Press Release / Media Release
16 Dec - LTIMindtree launches AI-driven Cyber Defense Resiliency Center.
- Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS 10 Dec
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Announcement under Regulation 30 (LODR)-Press Release / Media Release
10 Dec - LTIMindtree partners with GitHub for AI-driven software engineering.
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Dissolution Of A Step Down Wholly-Owned Subsidiary
6 Dec - Closure of Syncordis SARL, a subsidiary in France.
Annual reports
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Financial Year 2024
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Financial Year 2023
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Financial Year 2010
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Financial Year 2007
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Financial Year 2006
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Financial Year 2005
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Financial Year 2004
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Concalls
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Nov 2024TranscriptNotesPPT
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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)