LTIMindtree Limited (LTIM) AI Stock Analysis

• Market Cap: ₹1.77T
• Dividend Yield: 1.08%
• Average Volume (3M): 12.27K
• Price to Earnings (P/E): 37.2
• Beta (1Y): 1.22
• Revenue Growth: 8.72%
• EPS Growth: 4.54%
• Country: IN
• Employees: 84,307
• Sector: Technology
• Sector Strength: 88
• Industry: Information Technology Services
• EPS (TTM): 32.71
• Shares Outstanding: 296,489,260
• 10 Day Avg. Volume: 13,689
• 30 Day Avg. Volume: 12,269
• PEG Ratio: 100.32
• Price to Book (P/B): 5.78
• Price to Sales (P/S): 3.45
• P/FCF Ratio: 36.45
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: ₹7,205.00
• Price Target Upside: 17.92% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 2
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 66 Neutral
• Price Target: ₹6,456.00 ▲(5.66% Upside)

The score is driven primarily by strong financial quality (growth, profitability, and low leverage), tempered by recent margin/FCF softness. Near-term technicals are neutral-to-weak versus short moving averages, and a high P/E with a modest dividend yield weighs on the overall attractiveness.

Positive Factors

Revenue Growth

Consistent revenue growth indicates a positive trajectory in sales, supporting long-term business expansion and market presence.

Profitability Margins

Strong profitability margins reflect efficient cost management and operational efficiency, enhancing long-term financial health.

Cash Flow Management

Effective cash generation and management support operational needs and growth initiatives, ensuring financial stability.

Negative Factors

Valuation Concerns

High valuation may limit upside potential, indicating investor caution and potential resistance to further price increases.

Earnings Call Data Absence

Lack of earnings call data limits insights into management's strategic direction and future guidance, affecting investor confidence.

Technical Overbought Conditions

Overbought technical conditions could lead to short-term price corrections, impacting investor sentiment and stock performance.

LTIMindtree Limited Business Overview & Revenue Model

Company Description

LTIMindtree Limited, a technology consulting and digital solutions company, provides information technology services and solutions in India, North America, Europe, the Asia Pacific, and internationally. The company operates through Banking, Financial Services & Insurance; Manufacturing; Energy & Utilities; High-Tech, Media & Entertainment; and CPG, Retail, Pharma & Others segments. It offers application development, maintenance and outsourcing, enterprise, infrastructure management, testing, digital, and platform-based solutions. LTIMindtree Limited has a strategic collaboration agreement with Amazon Web Services, Inc.; and a strategic partnership with eClinicalHealth Limited to enhance digital innovation in clinical trials management process for patient centric drug development. The company was formerly known as Larsen & Toubro Infotech Limited and changed its name to LTIMindtree Limited in November 2022. The company was incorporated in 1996 and is based in Mumbai, India. LTIMindtree Limited operates as a subsidiary of Larsen & Toubro Limited.

How the Company Makes Money

LTIM generates revenue primarily through its IT service offerings, which include consulting, application development, and digital transformation services. The company's revenue model is based on a combination of fixed-price contracts, time-and-materials contracts, and managed services agreements. Key revenue streams include project-based services, long-term contracts with clients, and recurring revenue from managed services. LTIM has established significant partnerships with major technology providers such as Microsoft, AWS, and SAP, which enhance its service capabilities and broaden its market reach. Additionally, the company's focus on sectors like financial services and healthcare, which often require ongoing technological support, contributes to its steady revenue generation.

LTIMindtree Limited Financial Statement Overview

Summary

Strong overall fundamentals: steady revenue growth, solid operating and net margins for IT services, and a conservatively levered balance sheet with strong ROE. Key risks are margin compression versus 2021–2022 and softer recent free-cash-flow momentum/conversion in TTM.

Income Statement

Revenue has grown steadily across the annual periods (from 2021 to 2025), and TTM (Trailing-Twelve-Months) revenue remains higher than the latest annual level, indicating continued expansion. Profitability is solid for an IT services business, with TTM operating profitability around the high-teens and net margin in the low-teens. The main watch-out is margin compression versus earlier years (notably lower gross margin and lower net margin than 2021–2022), suggesting pricing and/or delivery-cost pressure even as revenue grows.

Balance Sheet

The balance sheet is conservatively levered: debt is low relative to equity (roughly ~0.10 in both annual and TTM views), which reduces refinancing and downturn risk. Equity has expanded meaningfully over time, supporting balance-sheet resilience, while returns on equity remain strong (about ~20%+ in annual and TTM data). A mild negative is that debt has increased in TTM versus the latest annual period, but leverage is still very manageable.

Cash Flow

Cash generation is generally healthy: TTM (Trailing-Twelve-Months) free cash flow is close to net income, indicating good earnings quality and conversion. However, cash-flow momentum has softened recently, with TTM free cash flow down year-over-year (negative growth) and operating cash flow covering a smaller share of reported earnings than in some prior annual periods. This points to higher working-capital needs and/or timing effects that investors should monitor.

Breakdown	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	380.08B	355.17B	331.83B	261.09B	123.70B
Gross Profit	107.54B	94.06B	123.03B	62.64B	47.76B
EBITDA	74.85B	70.89B	66.65B	60.14B	29.92B
Net Income	45.99B	45.82B	44.08B	39.48B	19.36B
Balance Sheet
Total Assets	306.30B	275.63B	234.96B	205.82B	107.09B
Cash, Cash Equivalents and Short-Term Investments	112.36B	95.72B	76.64B	72.24B	43.90B
Total Debt	21.87B	20.71B	15.41B	13.91B	7.98B
Total Liabilities	79.19B	75.37B	68.97B	62.90B	34.02B
Stockholders Equity	226.98B	200.17B	165.92B	142.87B	73.03B
Cash Flow
Free Cash Flow	35.96B	48.26B	21.55B	21.93B	21.28B
Operating Cash Flow	45.46B	56.70B	30.95B	32.51B	24.00B
Investing Cash Flow	-17.38B	-39.12B	-3.31B	-16.45B	-16.56B
Financing Cash Flow	-25.74B	-22.69B	-19.32B	-16.80B	-5.09B

LTIMindtree Limited Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 6110.25
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:LTIM, the sentiment is Neutral. The current price of 6110.25 is above the 20-day moving average (MA) of 6025.29, above the 50-day MA of 6092.67, and above the 200-day MA of 5419.17, indicating a neutral trend. The MACD of -33.46 indicates Positive momentum. The RSI at 47.20 is Neutral, neither overbought nor oversold. The STOCH value of 38.40 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for IN:LTIM.

LTIMindtree Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
COFORGE	73 Outperform	₹553.66B	45.90	―	0.88%	41.97%	38.73%
MPHASIS	73 Outperform	₹526.00B	29.18	―	1.94%	8.73%	11.33%
PERSISTENT	69 Neutral	₹951.83B	54.22	―	0.55%	23.27%	33.09%
WIPRO	68 Neutral	₹2.48T	18.68	―	4.05%	1.10%	14.83%
LTIM	66 Neutral	₹1.77T	37.20	―	1.08%	8.72%	4.54%
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
TECHM	55 Neutral	₹1.71T	33.37	―	2.76%	3.30%	36.78%

LTIMindtree Limited Corporate Events

LTIMindtree Posts Q3 FY26 Earnings Call Recording for Investor Access

LTIMindtree Limited has announced that the recording of its Q3 FY26 earnings conference call, held on January 19, 2026, is now available on the company’s website for investors and other stakeholders. The disclosure, made to both the National Stock Exchange of India and BSE, enhances transparency and provides the market with access to management’s discussion on quarterly performance and outlook, supporting informed decision-making among shareholders and analysts.

LTIMindtree Closes Singapore Subsidiary Amid Strategic Realignment

LTIMindtree Limited, a prominent player in the IT services industry, has announced the closure of its step-down wholly-owned subsidiary, NIELSEN+PARTNER PTE. LTD., in Singapore. This decision, effective from November 28, 2025, comes as part of the company’s strategic realignment and operational consolidation efforts, potentially impacting its market operations and stakeholder interests.

LTIMindtree Expands Microsoft Partnership to Boost Azure and AI Transformation

LTIMindtree Limited has announced an expansion of its collaboration with Microsoft to enhance Microsoft Azure adoption and drive AI-powered business transformation for enterprises. This partnership aims to accelerate cloud adoption, improve business value through AI solutions, and enhance security and governance offerings. By leveraging Microsoft’s advanced AI capabilities and LTIMindtree’s industry expertise, the collaboration is set to deliver significant growth in Azure-related engagements and foster innovation, resilience, and growth at scale for global enterprises.