NSE: LTIM | BSE: 540005

Mid-range Performer

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5230.00 -97.00 (-1.82%)

37.56% Gain from 52W Low

151.5K NSE+BSE Volume

NSE 17 Jul, 2025 11:55 AM (IST)

154,990.8

Market Cap

High in industry

1.1

Beta 1Year

High Volatility

Board Meeting

The board meeting for LTIMindtree Ltd. is scheduled for today, for the purpose of Quarterly Results See details

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.

17 Jul 2020, 12:00AM

5230.00

-1.82%

First Light | L&T Infotech, Diversified Financials Q1FY21 Preview

Buy: LTIMindtree Ltd.

BOB Capital Markets Ltd.

LTI: Resilient show in a challenging quarter. Diversified Financials: Q1FY21 Preview Expect only gold finance NBFCs to shine

LTIMindtree Ltd. is trading above its 100 day SMA of 4897.4

LTIMindtree Ltd.

17 Jul 2020, 12:00AM

5230.00

-1.82%

Q1FY21 Result Update - Compounding Story! - Upgrade to 'BUY"

Buy: LTIMindtree Ltd.

Recommendation Target

Prabhudas Lilladhar

LTI reported CC de-growth of 4.7% QoQ exact in line with our estimates. LTI surprised on margins expanded 71bps QoQ to 17.4% (Ple:17%, Cons: 16.8%) led by 11% QoQ SG&A;, lower travel costs & higher proportion of offshore revenue (up 170 bps QoQ). Revenue decline was led by manufacturing (-16% QoQ) & Energy (-11% QoQ). Limited exposure to travel , hospitality and retail limited the revenue decline. Management guided Q1FY21 was trough & Q2FY21 will be flat or up QoQ & recovery will happen in 2HFY21. LTI bagged one large deal and solid execution in US just a 2.2% QoQ decline in Q1. No...

LTIMindtree Ltd. has gained 22.30% in the last 3 Months

LTIMindtree Ltd.

16 Jul 2020, 12:00AM

5230.00

-1.82%

L&T Infotech (BUY): Resilient show in a challenging quarter

Buy: LTIMindtree Ltd.

Target

BOB Capital Markets Ltd.

L&T; Infotech's (LTI) Q1FY21 revenue was in line with estimates, with a 4.7% QoQ CC decline due to a drop in the manufacturing and energy/utilities verticals.

LTIMindtree Ltd. is trading below its 30 day SMA of 5335.6

LTIMindtree Ltd.

03 Jul 2020

5230.00

-1.82%

Result Preview: IT Sector

Buy: LTIMindtree Ltd.

ICICI Securities Limited

Margins of Tier 1 companies are expected to decline ~32-200 bps while among Tier 2 companies NIIT and TechM are expected to post a margin decline of ~161-200 bps. This is mainly due to a dip in utilisation, pricing pressure & cross currency headwind, partially offset by rupee depreciation, lower travel cost and lower general administrative cost. Among midcap, LTI, MindTree to report stable margins We expect L&T; Infotech to report stable margins led by rupee tailwind, lower travel cost and absence of one-time contribution to PM cares fund...

LTIMindtree Ltd. is trading below its 30 day SMA of 5335.6

LTIMindtree Ltd.

21 May 2020

5230.00

-1.82%

Larsen & Toubro Infotech Ltd

Buy: LTIMindtree Ltd.

Recommendation Target

ICICI Securities Limited

Near term pressure but expect FY21E to be better than peers The company is witnessing near term challenges due to the Covid-19 pandemic. LTI's exposure to the manufacturing and energy vertical, which accounts for ~28.2% of total revenues is expected to be under pressure due to lower oil prices and client specific challenges. The company believes BFSI (that is ~45% of revenues) would face challenges in Q2FY21E and Q3FY21E. In addition, pricing pressure, delay in deal ramp ups and pressure on utilisation in the near term is expected to keep revenues under pressure. As...

LTIMindtree Ltd. has gained 22.30% in the last 3 Months

LTIMindtree Ltd.

21 May 2020

5230.00

-1.82%

Result Update:L & T Infotech

LTIMindtree Ltd.

Axis Direct

L&T; Infotech Ltd (LTI) reported strong broad based growth in Q4 FY20. Revenue stood at Rs. 3,012 crs up 21.2% YoY and 7.1% QoQ. Operating profit showed a growth of 19.1% QoQ at Rs. 648crs while operating margin stood strong at 19.2% showed a growth of 40 bps QoQ.

LTIMindtree Ltd. is trading below its 30 day SMA of 5335.6

LTIMindtree Ltd.

21 May 2020

5230.00

-1.82%

Larsen & Toubro Infotech: Q4FY20 Result Review:

Hold: LTIMindtree Ltd.

Recommendation Target

IDBI Capital

LTI reported a strong Q4FY20. Revenue grew by 4.7% QoQ in CC beating our forecast of +1.9%. EBIT margin of 16.7%, improved 45bps QoQ, vs. our forecast of 16.2% resulting in EPS of Rs24.5, +13%/+12.2% QoQ/YoY, being a big beat to our forecast. LTI has maintained the large deal momentum in Q4FY20 with 2 deals with net-new TCV of US$113 mn (US$332 mn for FY20). As expected, LTI has guided for weakness in Q1FY21 (mid-single digit QoQ decline in revenue) and expects QoQ growth from Q2. We factor Q4FY20 beat and increase FY21/22 revenue (in US$) 1.7%/0.6% and EPS by 7.4%/6.2%. We forecast revenue (US$)/EPS CAGR of 9.4%/12.5% over FY20-22. We...

LTIMindtree Ltd. has an average target of 5458.20 from 10 brokers.

LTIMindtree Ltd.

21 May 2020

5230.00

-1.82%

L&T Infotech (BUY): Impressive show despite challenging times

Buy: LTIMindtree Ltd.

Target

BOB Capital Markets Ltd.

L&T; Infotech (LTI) reported 4.7% QoQ CC revenue growth in Q4FY20, well ahead of estimates.

Number of FII/FPI investors increased from 548 to 562 in Mar 2025 qtr.

LTIMindtree Ltd.

20 May 2020

5230.00

-1.82%

Healthy deal wins; Stable commentary

Buy: LTIMindtree Ltd.

Target

Motilal Oswal

20 May 2020 Strong exit growth in FY20 coupled with healthy deal wins reiterates our confidence that L&T; Infotech (LTI) could be one of the few outliers reporting revenue/earnings growth in FY21. We keep our estimates largely unchanged and expect LTI to be a key beneficiary of the accelerated digital adoption in the post COVID-19 world. In 4QFY20, revenue (USD)/EBIT (INR)/PAT increased 16%/15%/13% YoY (v/s est. For FY20, Revenue (USD) / EBIT (INR)/PAT increased by 13%/1%/0% YoY. Reported growth (4.7% QoQ, CC) was stronger than our expectations (3%). Further, growth was broad-based across geographies and verticals. While RoW (18.1% QoQ, CC) growth was lumpy partly due to the low base, core geographies reported healthy growth despite the COVID-19 impact. Growth in the top-5 (-1% QoQ, CC)/Top-10 (2% QoQ, CC) accounts was weak due to the high base in Dec19. Overall growth during Mar20 was driven by (1) addition of new clients, and (2) mining/scaling up of small accounts.

LTIMindtree Ltd. has gained 22.30% in the last 3 Months

LTIMindtree Ltd.

11 May 2020

5230.00

-1.82%

Pick of the Week:11 May 2020

Buy: LTIMindtree Ltd.

Target

Axis Direct

LTI is a global technology consulting and digital solutions company helping more than 420 clients succeed in a converging world, with operations in 32 countries. LTI helps clients in digital transformation with LTIs Mosaic platform enabling clients mobile, Analytics, IoT and cloud journeys.

LTIMindtree Ltd. has an average target of 5458.20 from 10 brokers.

Is Larsen & Toubro Infotech Ltd. worth buying?

664 Votes:

Buy 77.56%

Sell 12.95%

Hold 9.49%

RESEARCH REPORTS

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