LTIMindtree (LTIM) is the merged entity formed after the merger of erstwhile Mindtree with LTI. It offers application development, IMS, digital solution services to BFSI, retail, health, media & hi-tech verticals.
LTIM reported margin recovery in Q4 results.
Q4FY24 Financial Highlights:
• In USD:
Revenue at USD 1,069.4 million (-1.3% QoQ / 1.1% YoY)
Net profit at USD 132.4 million (-5.8% QoQ / -2.4% YoY)
• In INR:
Revenue at Rs 88,929 million (-1.4% QoQ / 2.3% YoY)
Net profit at Rs 11,007 million (-5.9% QoQ / -1.2% YoY)
FY24 Financial Highlights:
• In USD:
Revenue at USD 4,287.3 million (growth of 4.4% YoY)
Net profit at USD 553.4 million (growth of 1.4% YoY)
• In INR:
Revenue at Rs 3,55,170 million (growth of 7.0% YoY)
Net profit at Rs 45,846 million (growth of 4.0% YoY)
Other highlights:
• Clients:
• People:
Debashis Chatterjee, Chief Executive Officer and Managing Director said, “We closed FY24 amidst a tough macro environment and delivered a resilient performance with full-year revenue growth of 4.4% in USD terms and an EBIT margin of 15.7%. Our order inflow for the full year at USD 5.6 billion registered a 15.7% growth over FY23. This growth reflects the positive outcomes of our positioning as an organization with scale, expanded capabilities, and larger partnerships. As the market dynamics evolve, we are excited to be part of innovations, partnerships, and initiatives that our clients will embark on in FY 25.”
| Financials( ₹ in Cr) | LTIMindtree Ltd | Tata Consultancy Services Ltd | Infosys Ltd | HCL Technologies Ltd | Wipro Ltd |
|---|---|---|---|---|---|
| Price | 4,788.05 | 3,821.35 | 1,430.25 | 1,473.85 | 464.60 |
| % Change | 3.31 | -0.80 | -0.57 | -2.01 | 0.78 |
| Mcap ₹ Cr | 141,804.33 | 1,382,598.06 | 593,677.75 | 399,953.52 | 242,759.91 |
| Revenue TTM ₹ Cr | 33,183.00 | 240,893.00 | 153,670.00 | 101,456.00 | 90,487.60 |
| Net Profit TTM ₹ Cr | 4,410.30 | 46,099.00 | 26,248.00 | 14,845.00 | 11,366.50 |
| PE TTM | 29.97 | 29.91 | 22.94 | 25.99 | 21.81 |
| 1 Year Return | 14.37 | 20.32 | 16.76 | 39.91 | 23.68 |
| ROCE | 34.87 | 62.85 | 44.74 | 27.62 | 17.11 |
| ROE | 28.56 | 51.04 | 37.12 | 23.32 | 15.89 |
Equity Capital: 16,592.10 Cr FV: 1.00
| Period | MF Net Purchase / (sold) | FII Net |
|---|---|---|
| LAST 1M | 20,210.21 | -2,261.46 |
| LAST 3M | 84,754.55 | 29,205.23 |
| LAST 6M | 143,739.62 | 78,027.80 |
| LAST 12M | 219,616.53 | 194,212.30 |
| Date | Action Type | Ratio |
|---|---|---|
| Oct 27, 2023 | Dividend | 2000 |
| Jul 10, 2023 | Dividend | 4000 |
| Jan 31, 2023 | Dividend | 2000 |
Larsen & Toubro Infotech Ltd. is a multinational information technology services and consulting company in India. It was incorporated in 1997 as a subsidiary of Larsen & Toubro Ltd. The company’s headquarters are in Mumbai. For the quarter ended June 2022, the company’s total income was Rs 4,666.90 crore, up 5.21% from the previous quarter ended March 2022. On 5 August 2022, the company’s market capitalisation stood at Rs HYPERLINK
"https://www.moneycontrol.com/india/stockpricequote/computers-software/larsentoubroinfotech/LI12" 86,353 crore.
The company is listed on the Bombay Stock Exchange with the code 540005. Its National Stock Exchange’s listing code is LTI.
Larsen & Toubro Infotech Ltd. offers various services, such as application development and maintenance, package implementation and support, managed services, engineering services, data warehousing and business intelligence, enterprise application integration, embedding intelligence services, and strategy consulting. It serves the industries of insurance, energy, banking and financial services, life sciences, healthcare, media and entertainment, manufacturing, utilities, Hi-Tech, CPG and retail.
On 30 June 2022, the company’s shareholding pattern indicated a 74.03% promoter stake, 8.42% foreign institutional investor stake, 8.14% domestic institutional investor stake, and 9.41% public stake. The company also had a total of 17.53 crores shares outstanding. During FY 2021-2022, Larsen & Toubro Infotech Ltd.’s total revenue was Rs HYPERLINK "https://economictimes.indiatimes.com/larsen-toubro-infotech-ltd/stocks/companyid-3318.cms" 16,135.40 crore.
The company’s founder chairman is Mr A M Naik. The other board members include Mr S N Subrahmanyan, Mr Nachiket Deshpande, Mrs Aruna Sundarajan, Mr Rajnish Kumar, Mr James Abraham, Mr Sanjeev Aga, Mr R Shankar Raman, Mr Sudhir Chaturvedi, and Mr Vinayak Chatterjee, among otheRs The auditors are B K Khare & Co.
On 5 August 2022, Larsen & Toubro Infotech Ltd.’s share price on BSE closed at Rs 4,923.15. Its share price on NSE closed at Rs 4,925.35. The 52-week high for Larsen & Toubro Infotech Ltd.’s share price was Rs 7,588.80, and the 52-week low share price was Rs 3,733.30.
As of July 2022, LIC MF Debt Hybrid Fund had a 1.17% stake in Larsen & Toubro Infotech Ltd. LIC MF Arbitrage Fund had a 0.98% stake, while LIC MF Nifty 100 ETF had a 0.24% stake.
Disclaimer: ICICI Securities Ltd. (I-Sec). Registered office of I-Sec is at ICICI Securities Ltd. - ICICI Venture House, Appasaheb Marathe Marg, Prabhadevi, Mumbai - 400 025, India, Tel No : 022 - 6807 7100. I-Sec is a Member of National Stock Exchange of India Ltd (Member Code :07730), BSE Ltd (Member Code :103) and Member of Multi Commodity Exchange of India Ltd. (Member Code: 56250) and having SEBI registration no. INZ000183631. Name of the Compliance officer (broking): Mr. Anoop Goyal, Contact number: 022-40701000, E-mail address: complianceofficer@icicisecurities.com. Investment in securities market are subject to market risks, read all the related documents carefully before investing. The contents herein above shall not be considered as an invitation or persuasion to trade or invest. I-Sec and affiliates accept no liabilities for any loss or damage of any kind arising out of any actions taken in reliance thereon. The contents herein above are solely for informational purpose and may not be used or considered as an offer document or solicitation of offer to buy or sell or subscribe for securities or other financial instruments or any other product. Investors should consult their financial advisers whether the product is suitable for them before taking any decision. The contents herein mentioned are solely for informational and educational purpose.
L & T House, Ballard Estate, Mumbai, Maharashtra, 400001
| Tel | : | 91-22-67525656 |
| : | investor:lntinfotech.com | |
| Website | : | http://www.lntinfotech.com |
Link Intime India Pvt Ltd
| AGM Date (Month) | : | Jul |
| Face Value Equity Shares | : | 1 |
| Market Lot Equity Shares | : | 1 |
| BSE Code | : | 540005 |
| NSE Code | : | LTIM |
| Book Closure Date (Month) | : | |
| BSE Group | : | A |
| ISIN | : | INE214T01019 |
FAQ’s on LTIMindtree Ltd SharesYou can buy LTIMindtree Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy LTIMindtree Ltd Share.
Company share prices and volatile and keep changing according to the market conditions. As of Apr 26, 2024 04:02 PM the closing price of LTIMindtree Ltd was Rs.4,788.05.
Market capitalization or market cap is determined by multiplying the current market price of a company�s shares with the total number of shares outstanding. As of Apr 26, 2024 04:02 PM, the market cap of LTIMindtree Ltd stood at Rs. 141,804.33.
The latest PE ratio of LTIMindtree Ltd as of Apr 26, 2024 04:02 PM is 29.97
The latest PB ratio of LTIMindtree Ltd as of Apr 26, 2024 04:02 PM is 0.15
The 52-week high of LTIMindtree Ltd share price is Rs. 6,442.00 while the 52-week low is Rs. 4,153.05
According to analyst recommendations, LTIMindtree Ltd Share has a "Buy" rating for the long term.
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