LTIMindtree Ltd - Stock Valuation and Financial Performance

BSE: 540005 | NSE: LTIM | IT - Software | Large Cap

LTIMindtree Share Price

4,888.05 -29.35 -0.60%
as on 12-Apr'24 16:59

DeciZen - make an informed investing decision on LTIMindtree

Overall Rating
Bole Toh

1. Quality

2. Valuation

Fair

3. Price Trend

TIMindtree stock performance -

mw4me loader
P/E Ratio (CD):
31.50
Market Cap:
1,44,766.1 Cr.
52-wk low:
4,130.3
52-wk high:
6,442.7

Is LTIMindtree Ltd an attractive stock to invest in?

1. Is LTIMindtree Ltd a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that LTIMindtree Ltd is a good quality company.

2. Is LTIMindtree Ltd undervalued or overvalued?

The key valuation ratios of LTIMindtree Ltd's currently when compared to its past seem to suggest it is in the Fair zone.

3. Is LTIMindtree Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of LTIMindtree Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of LTIMindtree:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
LTIMindtree Ltd has performed well in majority of the past ten years indicating its past ten year financial track record is very good

Value Creation

Value Creation Index Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
ROCE % 48%36.9%32.9%32.5%25.2%31.9%28%31.1%34.4%28.6%-
Value Creation
Index
3.32.31.41.41.21.81.51.82.11.5-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 4,9214,9785,8466,5017,3079,44610,87912,37026,10933,18335,315
Sales YoY Gr.-1.2%17.4%11.2%12.4%29.3%15.2%13.7%111.1%27.1%-
Adj EPS 47.744.442.650.650.780.279.7110.5207.8146.6155.2
YoY Gr.--7%-4.1%18.9%0.2%58.2%-0.6%38.7%88%-29.4%-
BVPS (₹) 97.8123.6124.5175220.1277.4306.7412.8801.1544.2649.4
Adj Net
Profit
7697167238638721,3911,3881,9323,6414,3374,596
Cash Flow from Ops. 6286428591,1708441,3951,6442,4003,2513,095-
Debt/CF from Ops. 0.20.30.10000000-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 23.6%35.3%45%27.1%
Adj EPS 13.3%23.7%22.5%-29.4%
BVPS21%19.9%21.1%-32.1%
Share Price - 24.6% 6.6% 5.2%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
52.239.434.832.824.931.82730.433.728.126
Op. Profit
Mgn %
23.220.317.618.916.219.918.621.92018.418.3
Net Profit
Mgn %
15.614.412.413.311.914.712.815.61413.113
Debt to
Equity
0.10.100000000-
Working Cap
Days
1121361271251321211221199010490
Cash Conv.
Cycle
3949443839394334233462

Recent Performance Summary

Sales growth is growing at healthy rate in last 3 years 45.03%

Net Profit is growing at healthy rate in last 3 years 22.53%

Sales growth is good in last 4 quarters at 12.15%

Return on Equity has declined versus last 3 years average to 26.00%

Latest Financials - LTIMindtree Ltd.

Standalone Consolidated
TTM EPS (₹) 151.4 155.2
TTM Sales (₹ Cr.) 34,012 35,315
BVPS (₹.) 625.5 649.4
Reserves (₹ Cr.) 18,494 19,204
P/BV 7.82 7.53
PE 32.29 31.50
From the Market
52 Week Low / High (₹) 4130.30 / 6442.65
All Time Low / High (₹) 595.00 / 7595.25
Market Cap (₹ Cr.) 1,44,766
Equity (₹ Cr.) 29.6
Face Value (₹) 1
Industry PE 33.5

Management X-Ray of LTIMindtree:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

Login/Register to view analysis.

Analyst's Notes

Key Ratios of LTIMindtree

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Sales4,9204,9785,8466,5017,3079,44610,87912,37026,10933,183
Operating Expenses 3,8853,9664,8225,2716,1217,5658,8589,65820,88027,088
Manufacturing Costs4774864725706868991,1011,105267289
Material Costs5000000000
Employee Cost 2,7582,9243,5273,7154,3295,4676,5177,42915,98920,880
Other Costs 6445568249851,1061,1991,2411,1244,6255,920
Operating Profit 1,0361,0121,0241,2301,1861,8812,0202,7125,2296,095
Operating Profit Margin (%) 21.1%20.3%17.5%18.9%16.2%19.9%18.6%21.9%20.0%18.4%
Other Income 2895190187428305338288786570
Interest 31226316118379123150
Depreciation 130158174178156147273333597723
Exceptional Items 0900000000
Profit Before Tax 9039371,0351,2361,4422,0282,0032,5885,2945,792
Tax 2071681982653295124826501,3441,381
Profit After Tax 6967698379711,1121,5161,5211,9383,9504,410
PAT Margin (%) 14.1%15.4%14.3%14.9%15.2%16.0%14.0%15.7%15.1%13.3%
Adjusted EPS (₹)43.247.749.256.864.787.187.4110.6224.3148.9
Dividend Payout Ratio (%)79%63%71%29%33%32%32%36%25%40%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23

Equity and Liabilities

Shareholders Fund 1,5761,9932,1172,9933,7854,8275,3367,22414,09916,108
Share Capital 16161717171717181830
Reserves 1,5601,9762,1002,9763,7684,8095,3187,20714,08116,079
Minority Interest0011111467
Debt11020440000324152125
Long Term Debt401400000000
Short Term Debt7019040000324152125
Trade Payables2412723413373794676958281,3251,294
Others Liabilities 7725894439609921,2212,5392,5585,0625,581
Total Liabilities 2,7003,0572,9414,2915,1586,5158,60310,65520,54423,115

Fixed Assets

Gross Block6491,3381,1081,1411,4361,8312,9883,1756,5167,387
Accumulated Depreciation06544715997569011,0691,2693,0443,707
Net Fixed Assets6496836385426819301,9201,9063,4733,679
CWIP 57252017125966503902
Investments 169104439411,2641,7402,2193,7306,0485,458
Inventories0000000043
Trade Receivables9311,0901,1661,1701,3961,8262,3122,0844,5575,623
Cash Equivalents 1592012043803634155257591,8372,932
Others Assets7369548711,2581,4461,5921,5682,1104,1214,517
Total Assets 2,7003,0572,9414,2915,1586,5158,60310,65520,54423,115

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity 6286428591,1708441,3951,6442,4003,2513,095
PBT 8969288371,2361,4422,0282,0032,5885,2945,792
Adjustment 8784393221136148284181523589
Changes in Working Capital -141-92-111-41-376-306-231270-1219-1765
Tax Paid -214-277-261-246-358-475-412-640-1,348-1,522
Cash Flow From Investing Activity 180-103-44-952-461-744-652-1,656-1,645-331
Capex -95-194-114-69-98-153-243-267-1,053-935
Net Investments 2688968-885-365-593-416-1,406-650477
Others 72332261657127
Cash Flow From Financing Activity -769-497-817-33-408-594-890-509-1,680-1,932
Net Proceeds from Shares 0070000001
Net Proceeds from Borrowing 0000000000
Interest Paid -10-6-6-3-14-2-4-2-116-149
Dividend Paid -551-481-547-161-303-450-486-532-1,328-1,563
Others -207-11-271131-91-143-40025-237-221
Net Cash Flow 4042-3185-2457102235-75832
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Ratios
ROE (%)48.3343.0840.713832.8235.229.9230.8637.0529.2
ROCE (%)56.7348.3647.0546.5541.6146.5740.3841.7349.9738.27
Asset Turnover Ratio1.941.731.951.81.551.621.441.281.671.52
PAT to CFO Conversion(x)0.90.831.031.20.760.921.081.240.820.7
Working Capital Days
Receivable Days62747066646269654656
Inventory Days0000000000
Payable Days0000000000

LTIMindtree Ltd Stock News

LTIMindtree Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of LTIMindtree on 12-Apr-2024 16:59 is ₹4,888.1.
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 12-Apr-2024 16:59 the market cap of LTIMindtree stood at ₹1,44,766.1.
The latest P/E ratio of LTIMindtree as of 12-Apr-2024 16:59 is 32.29.
The latest P/B ratio of LTIMindtree as of 12-Apr-2024 16:59 is 7.82.
The 52-week high of LTIMindtree is ₹6,442.7 and the 52-week low is ₹4,130.3.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of LTIMindtree is ₹34,012 ( Cr.) .

About LTIMindtree Ltd

Larsen & Toubro Infotech (LTI) is a global technology consulting and digital solutions company helping many clients succeed in a converging world. With operations in various countries, the company goes extra mile for its clients and accelerate their digital transformation with LTI’s Mosaic platform enabling their mobile, social, analytics, IoT and cloud journeys.

Founded 20 years ago as the information technology arm of the Larsen & Toubro group, its unique heritage gives an unrivaled real-world expertise to solve the most complex challenges of enterprises across all industries.

Business area of the company

LTI is a leading global technology consulting and digital solutions company.

Products and services offered by the company

Services

  • Cloud
  • Consulting
  • Cloud & Infrastructure Services
  • Assurance & Quality Insurance
  • Cyber Defence Resiliency Service
  • Application Management

Industries

  • Banking & Financial Services
  • Insurance
  • Energy & Utilities
  • CPG & Retail
  • Hi-Tech
  • Life Science
  • Healthcare
  • Media & Entertainment
  • Manufacturing

Solutions

  • Oracle
  • SAP
  • Salesforce
  • Microsoft Dynamics 365
  • Maximo
  • JD Edwards
  • Pega
  • ServiceNow
  • IBM
  • AWS

Digital

  • Data & Analytics
  • Internet of Thing
  • Digital Interactive
  • Mobility
  • Digital Integration
  • Artificial Intelligence & Cognitive
  • Intelligent RPA

Awards & Recognition

Leadership & Corporate/Marketing Awards:

  • LTI ranked as the fifth most valuable brand among Indian IT companies and among the Top 100 brands of India, by Brand Finance.
  • Business Standard BS1000 - LTI is 4 on Financial Sustainability Index (FSI).
  • LTI ranked 8th in Dalal Street Investment Journal’s Super 50 rankings.
  • Transformance Forums Employee engagement & experience Summit and Awards- LTI awarded for iRise program.
  • Business Today India’s 500 most valuable companies ranking- LTI recognized as one of most valuable companies in India (amongst top 100).
  • Inclusive Tech Alliance & Financial Times Top 100 Most Influential BAME Leader in UK Tech- Sudhir Chaturvedi, President Sales, LTI, recognized among the Top 100 Most Influential BAME Leader in UK Tech.
  • DataQuest DQ Top 20- LTI stood 11th among the DQ Top20.
  • Stevie Awards for Best employer- LTI won a silver - for best onboarding practices. ACEF Asian Leaders Awards- LTI felicitated with the 8th ACEF Asian Leaders Award 2019
  • World HRD Congress’s CMO Asia Awards- LTI won the prestigious Brand Excellence in IT/ITES 2019 category & Marketing Campaign of the Year
  • LTI ranked as the fifth most valuable brand among Indian IT companies and among the Top 100 brands of India, by Brand Finance.
  • The Birla Institute of Technology and Science (BITS), Pilani Distinguished Alumni Awards 2019 - The BITS Pilani honored Sanjay Jalona, CEO and Managing Director, LTI with the Distinguished Alumni Awards 2019.

Analyst and Advisory Recognitions

  • LTI featured as a Leader in AI Based Automation Capability in Software Testing Services: AI and Digital Next-Gen Testing Nelson Hall NEAT report 2019
  • LTI ranked number 5 in HFS Top 10 Energy Service Providers 2019
  • LTI recognized in The Forrester Wave: Application Modernization And Migration Services, Q3FY2020
  • LTI recognized as a Representative Vendor in Gartner Market Guide for Blockchain Consulting and Proof-of-Concept Development Services 2019, David Groombridge, et al, Q2FY2020.
  • LTI recognized as a sample vendor for Data subject rights fulfillment for privacy requirements such as GDPRCCPA in The Forrester Tech Tide: Data Security and Privacy, Q3FY2020.
  • LTI recognized as a Strong Performer in The Forrester Wave: SAP Services Providers For Midsize Enterprises, Q4FY2020.
  • LTI recognized in Gartner’s Competitive Landscape: Robotic Process Automation Service Providers Arup Roy, Cathy Tornbohm, Q3FY2020.

Milestones

  • 1997- Commenced operation as a subsidiary of L&T.
  • 2002- Achieved SEI- CMM 15-L5 certification.
  • 2004- 1st large multiyear contract from a global energy company.
  • 2007- 1st Acquisition- US based GDA Tech Inc
  • 2008- Established business in South Africa
  • 2010- CMM v12 L5 certification for all development center.
  • 2011- Acquired transfer agency business unit of Citigroup Fund service, Canada.
  • 2013- Focus on manufacturing and service sector.
  • 2014- Inaugurated experience theater for Oracle Technologies in USA
  • 2015- Acquired ISRC from Otis Elevator Company.
  • 2016- Acquired AugmentQ
  • 2016- Initial Public Offering (IPO)
  • 2016- Positioned in top 20 IT service providers by Everest Group.
  • 2017- Synocrdis acquisition in November 2017.
  • 2018- Tops the ‘Challengers’ list in Everest group’s PEAK Martix Service provider of the year 2018.
  • 2019- Acquired Ruletronics in January 2019, Nelsen Partener in Feb 2019, Lymbyc in July 2019 and Powerupcloud in October 2019.
  • 2020- Enters the Nifty Next 50 Index.
Read More Read Less
You have 2 views remaining as a Guest User. To get DeciZen Rating of 3,500+ Stocks based on their Quality, Valuation and Price Trend Login Now
© 2024 The Alchemists Ark Pvt. Ltd. All rights reserved. MoneyWorks4Me ® is a registered trademark of The Alchemists Ark Pvt.Ltd.