Financials LTIMindtree Limited Bombay S.E.

Equities

LTIM

INE214T01019

IT Services & Consulting

Market Closed - Bombay S.E. 06:00:53 2024-07-03 am EDT 5-day change 1st Jan Change
5,463 INR -0.13% Intraday chart for LTIMindtree Limited +6.62% -13.15%

Valuation

Fiscal Period: Marzo 2020 2021 2022 2023 2024 2025 2026 2027
Capitalization 1 248,801 708,491 1,078,858 1,408,013 1,462,286 1,618,947 - -
Enterprise Value (EV) 1 228,869 701,756 1,048,074 1,352,618 1,414,938 1,540,385 1,512,180 1,486,929
P/E ratio 16.5 x 36.8 x 47.1 x 32 x 32 x 32.3 x 27.5 x 24.3 x
Yield 1.96% 0.99% 0.73% 1.26% 0.91% 1.3% 1.46% 1.71%
Capitalization / Revenue 2.29 x 5.73 x 6.89 x 4.24 x 4.12 x 4.29 x 3.84 x 3.44 x
EV / Revenue 2.1 x 5.67 x 6.69 x 4.08 x 3.98 x 4.08 x 3.59 x 3.16 x
EV / EBITDA 11.3 x 25.8 x 34.3 x 22.1 x 22.2 x 22.3 x 18.9 x 16.5 x
EV / FCF 16.4 x 33 x 132 x 62.8 x 29.3 x 37.2 x 29.6 x 25.9 x
FCF Yield 6.1% 3.03% 0.76% 1.59% 3.41% 2.69% 3.38% 3.86%
Price to Book 4.6 x 9.71 x 12.2 x 8.49 x 7.3 x 7.13 x 6.2 x 5.46 x
Nbr of stocks (in thousands) 174,127 174,751 175,270 295,823 296,105 296,163 - -
Reference price 2 1,429 4,054 6,155 4,760 4,938 5,466 5,466 5,466
Announcement Date 5/19/20 5/4/21 4/19/22 4/27/23 4/24/24 - - -
1INR in Million2INR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: Marzo 2020 2021 2022 2023 2024 2025 2026 2027
Net sales 1 108,786 123,698 156,687 331,830 355,170 377,239 421,082 470,688
EBITDA 1 20,294 27,251 30,584 61,077 63,874 69,056 80,219 90,387
EBIT 1 17,564 23,926 27,035 53,850 55,685 59,794 70,424 79,804
Operating Margin 16.15% 19.34% 17.25% 16.23% 15.68% 15.85% 16.72% 16.95%
Earnings before Tax (EBT) 1 20,029 25,882 30,974 57,915 60,487 66,761 78,497 88,991
Net income 1 15,201 19,361 22,985 44,083 45,846 50,235 58,918 66,131
Net margin 13.97% 15.65% 14.67% 13.28% 12.91% 13.32% 13.99% 14.05%
EPS 2 86.61 110.3 130.8 148.8 154.5 169.1 199.1 224.9
Free Cash Flow 1 13,970 21,277 7,930 21,553 48,263 41,363 51,167 57,374
FCF margin 12.84% 17.2% 5.06% 6.5% 13.59% 10.96% 12.15% 12.19%
FCF Conversion (EBITDA) 68.84% 78.08% 25.93% 35.29% 75.56% 59.9% 63.78% 63.48%
FCF Conversion (Net income) 91.9% 109.9% 34.5% 48.89% 105.27% 82.34% 86.84% 86.76%
Dividend per Share 2 28.00 40.00 45.00 60.00 45.00 71.30 80.06 93.41
Announcement Date 5/19/20 5/4/21 4/19/22 4/27/23 4/24/24 - - -
1INR in Million2INR
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: Marzo 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1 2025 Q2 2025 Q3 2025 Q4
Net sales 1 41,376 43,016 45,228 48,367 86,200 86,910 87,021 89,054 90,166 88,929 90,714 92,131 94,545 97,140
EBITDA 1 8,311 8,464 8,308 9,117 13,748 16,037 16,355 16,313 15,849 15,357 16,134 16,263 17,279 18,225
EBIT 1 7,426 7,445 7,243 7,809 11,967 14,214 14,508 14,231 13,859 13,087 13,747 14,259 15,114 15,975
Operating Margin 17.95% 17.31% 16.01% 16.15% 13.88% 16.35% 16.67% 15.98% 15.37% 14.72% 15.15% 15.48% 15.99% 16.45%
Earnings before Tax (EBT) 1 8,237 8,596 8,510 9,013 13,106 14,442 15,364 15,193 15,447 14,483 15,200 15,772 16,506 17,522
Net income 1 6,120 6,375 6,335 6,793 10,005 11,137 11,515 11,618 11,689 11,007 11,617 11,763 12,601 13,387
Net margin 14.79% 14.82% 14.01% 14.04% 11.61% 12.81% 13.23% 13.05% 12.96% 12.38% 12.81% 12.77% 13.33% 13.78%
EPS 2 34.87 36.27 36.08 38.70 33.78 37.57 38.85 39.17 39.40 37.06 39.33 39.41 42.32 44.73
Dividend per Share - - - - - - - - - - - - - -
Announcement Date 1/19/22 4/19/22 7/14/22 10/15/22 1/20/23 4/27/23 7/17/23 10/18/23 1/17/24 4/24/24 - - - -
1INR in Million2INR
Estimates

Balance Sheet Analysis

Fiscal Period: Marzo 2020 2021 2022 2023 2024 2025 2026 2027
Net Debt 1 - - - - - - - -
Net Cash position 1 19,932 6,735 30,784 55,395 47,348 78,563 106,767 132,019
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow 1 13,970 21,277 7,930 21,553 48,263 41,363 51,167 57,374
ROE (net income / shareholders' equity) 29.5% 30.5% 28.5% 28.6% 25% 23.1% 23.7% 23.6%
ROA (Net income/ Total Assets) 19.6% 19.8% 19.8% 20% 18% 16.7% 17.1% 18.2%
Assets 1 77,471 97,670 115,892 220,393 255,296 300,888 343,685 362,961
Book Value Per Share 2 311.0 417.0 504.0 561.0 677.0 767.0 881.0 1,002
Cash Flow per Share 2 93.60 137.0 94.40 105.0 192.0 185.0 216.0 250.0
Capex 1 2,465 2,719 8,590 9,393 8,432 9,779 10,382 10,545
Capex / Sales 2.27% 2.2% 5.48% 2.83% 2.37% 2.59% 2.47% 2.24%
Announcement Date 5/19/20 5/4/21 4/19/22 4/27/23 4/24/24 - - -
1INR in Million2INR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
More Ratings
Sell
Consensus
Buy
Mean consensus
HOLD
Number of Analysts
37
Last Close Price
5,466 INR
Average target price
5,166 INR
Spread / Average Target
-5.50%
Consensus
  1. Stock Market
  2. Equities
  3. LTIM Stock
  4. LTIM Stock
  5. Financials LTIMindtree Limited