NSE: LTIM | BSE: 540005

Mid-range Performer

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5197.00 63.50 (1.24%)

36.69% Gain from 52W Low

156.5K NSE+BSE Volume

NSE 01 Sep, 2025 3:31 PM (IST)

154,047.8

Market Cap

High in industry

1.1

Beta 1Year

High Volatility

LTIMindtree Ltd. share price target and research reports

Latest analyst research reports with target prices and PDF download for LTIM, BSE:540005 LTIMindtree Ltd.

LTIMindtree Ltd.

25 Oct 2018

5197.00

1.24%

L&T; Infotech (2QFY19): On track. Maintain BUY

Buy: LTIMindtree Ltd.

Target

HDFC Securities

Maintain BUY with TP of Rs 2,195, 22x Sep-20E and top pick in midcap-IT, supported by >50% RoIC and >4.5% FCF yield. L&T; Infotech (LTI) posted in-line revenue (Retail, CPG & Pharma and Energy & Utilities verticals-led) and better operating performance (higher utilisation and offshoring). Top accounts were steady (in-line with company avg on CC basis) and net-new deal wins continue to be strong (USD 55mn net-new TCV).

LTIMindtree Ltd. has an average target of 5649.78 from 9 brokers.

LTIMindtree Ltd.

24 Jul 2018

5197.00

1.24%

L&T; Infotech (1QFY19): Strong growth momentum. Maintain BUY

Buy: LTIMindtree Ltd.

Target

HDFC Securities

Maintain BUY with TP of Rs 1,990, at 22x FY20E-EPS (20x earlier) supported by improving FCF ahead (FCF/APAT at 89/96% for FY19/20E) and RoIC of ~50%. L&T; Infotech (LTI) posted a strong all-round performance. Revenue came at USD 320mn, 5.1/22.9% QoQ/YoY in CC terms and continuity in acceleration compared to 10.0/14.7% growth in FY17/18. Growth was led by large accounts with top-5 (36.6% of rev) growth at 7.6% QoQ and >75% of incremental growth.

LTIMindtree Ltd. has an average target of 5649.78 from 9 brokers.

LTIMindtree Ltd.

24 Jul 2018

5197.00

1.24%

Result Review of Larsen & Toubro Infotech

Hold: LTIMindtree Ltd.

Recommendation Target

IDBI Capital

LTI's Q1FY19 result was a beat to our and consensus forecast. Digital solutions (34% of revenue) continue to fuel LTI's growth engine with a 6%/43% QoQ/YoY growth. We remain very confident of our forecast of a 34% CAGR over FY18-20E. Further, LTI had...

Geojit BNP Paribas increased Hold price target of LTIMindtree Ltd. to 5646.0 on 22 Aug, 2025.

LTIMindtree Ltd.

24 Jul 2018

5197.00

1.24%

L&T Infotechs (LTI) qoq revenue growth of 5.1%/3.5% in CC/USD terms was above our expect...

Accumulate: LTIMindtree Ltd.

Emkay

Growth were broad based and in the weak segments such as ENU and Manufacturing verticals (down 7%in CC terms), LTI expects recovery in these verticals starting Q2FY19. While our revenue/margin estimates increase slightly on the back of solid Q1 performance, our EPS estimates largely remain same accounting for higher ETR going forward. We...

LTIMindtree Ltd. is trading below its 50 day SMA of 5201.7

LTIMindtree Ltd.

24 May 2018

5197.00

1.24%

L&T; Infotech (4QFY18): Growth momentum continues. Maintain BUY

Buy: LTIMindtree Ltd.

Target

HDFC Securities

Maintain BUY with TP of Rs 1,720, 20x FY20E. L&T; Infotech (LTI) delivered strong quarter with rev at USD 309mn, 4.5/18.7% QoQ/YoY CC with FY18 revenue growth at 14.7% CC. While the growth in 4Q was BFS-led (~60% of incremental growth), FY18 performance was more balanced across verticals. EBITDA% came at 17.7% (adj for one-time settlement exp of Rs 617mn), +61bps QoQ supported by higher offshore-mix. APAT stood at Rs 3.38bn, 19.5/32.8% QoQ/YoY.

LTIMindtree Ltd. is trading above its 150 day SMA of 5060.6

LTIMindtree Ltd.

24 May 2018

5197.00

1.24%

Traction intact, but upside appears capped for now

Neutral: LTIMindtree Ltd.

Recommendation Target

Motilal Oswal

24 May 2018 LTIs 4.5% QoQ CC revenue growth exceeded our estimate of +3.5%. PAT of INR3.4b was up 20% YoY (in-line), as lower other income offset the operational beat. For FY18, LTI clocked an industry leading growth rate of 14.7% YoY CC. Due to currency headwinds, the margin for the year contracted by 180bp to 17.7%. However, hedges at >INR71/USD resulted in foreign exchange gains of INR3.4b (23% of PBT) in FY18, leading to PAT growth of 20%.

Number of FII/FPI investors decreased from 562 to 542 in Jun 2025 qtr

LTIMindtree Ltd.

31 Jan 2018, 12:00AM

5197.00

1.24%

Result Update:L & T Infotech

Buy: LTIMindtree Ltd.

Axis Direct

LTI reported strong Q3 revenue growth, up 8.4% QoQ (8.3% CC, Organic: 7.7%) to USD 294 mn (AxisCapE: USD 276 mn, Cons: USD 276 mn). EBIT margin expanded 44 bps to 14.9% (AxisCapE: 15.5%, Cons: 15.1%), a narrow miss to expectation due to pass through revenue in India business

Geojit BNP Paribas increased Hold price target of LTIMindtree Ltd. to 5646.0 on 22 Aug, 2025.

LTIMindtree Ltd.

26 Jan 2018

5197.00

1.24%

L&T; Infotech (3QFY18): Strong performance. Maintain BUY

Buy: LTIMindtree Ltd.

Target

HDFC Securities

Maintain BUY on LTI with TP of Rs 1,400, 18x Dec-19E EPS (16x earlier). L&T; Infotech (LTI) posted strong revenue growth with secular performance across verticals/client bands. Revenue came at USD 294mn, 8.3% QoQ CC (5.9% QoQ adjusted for Syncordis consolidation and pass-through revenue from India business). Digital (33% of rev) grew 11.9/41.1% QoQ/YoY. Client additions were strong with 17 new logo wins (highest in the past seven qtrs). EBITDA% came at 17.1%, +26bps QoQ supplemented by better realisation, utilisation and SGA%.

Geojit BNP Paribas increased Hold price target of LTIMindtree Ltd. to 5646.0 on 22 Aug, 2025.

LTIMindtree Ltd.

25 Jan 2018

5197.00

1.24%

Result Review of Larsen & Toubro Infotech

Buy: LTIMindtree Ltd.

Recommendation Target

IDBI Capital

Q3FY18 revenue growth in CC was +8.3% QoQ and +8.5% QoQ in US$. Revenue growth adjusted for the pass-through revenue and consolidation of Syncordis (1 month) was strong at 5.5% QoQ, beating our forecast. EBIT margin of 14.9%,...

LTIMindtree Ltd. is trading below its 50 day SMA of 5201.7

LTIMindtree Ltd.

08 Jan 2018

5197.00

1.24%

Larsen & Toubro Infotech Initiating Coverage

Hold: LTIMindtree Ltd.

IDBI Capital

We expect LTI to continue to outperform the sector and forecast FY17-20E revenue (US$) and EPS CAGR of 13.9% and 12.7% with an average RoE of ~29%. Our FY19/20 EPS is 6%/12% above consensus. Strong surplus cash of Rs19.4 bn in FY18E (~10% of CMP) augers well for M&A; which would provide upside triggers to our forecast. Excellent track record as regards large clients and deals LTI's Minecraft' program for account mining and ADEA' (Analytics & Digital in Every Account) has enabled it to drive growth in large clients. LTI already has 54 fortune 500 clients (5 added since Q1FY17) which provide its strong potential for growth. In...

LTIMindtree Ltd. has an average target of 5649.78 from 9 brokers.

Is Larsen & Toubro Infotech Ltd. worth buying?

665 Votes:

Buy 77.59%

Sell 12.93%

Hold 9.47%

RESEARCH REPORTS

Hold SEE REPORTS >

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Hold SEE REPORTS >

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