LTI Mindtree Ltd
Larsen & Toubro Infotech Ltd offers extensive range of IT services like application development, maintenance and outsourcing, enterprise solutions, infrastructure management services, testing, digital solutions, and platform-based solutions to the clients in diverse industries.[1]
- Market Cap ₹ 135,187 Cr.
- Current Price ₹ 4,570
- High / Low ₹ 6,525 / 3,733
- Stock P/E 39.1
- Book Value ₹ 311
- Dividend Yield 1.01 %
- ROCE 35.7 %
- ROE 28.5 %
- Face Value ₹ 1.00
Pros
- Company is almost debt free.
- Company is expected to give good quarter
- Company has a good return on equity (ROE) track record: 3 Years ROE 29.4%
- Company has been maintaining a healthy dividend payout of 36.7%
Cons
- Stock is trading at 14.7 times its book value
- Promoter holding has decreased over last quarter: -5.31%
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: IT - Software Industry: Computers - Software - Large
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
3,182 | 3,851 | 4,920 | 4,978 | 5,846 | 6,501 | 7,306 | 9,446 | 10,879 | 12,370 | 15,669 | 25,672 | |
2,493 | 2,981 | 3,773 | 3,973 | 4,819 | 5,271 | 6,119 | 7,562 | 8,849 | 9,645 | 12,610 | 20,985 | |
Operating Profit | 689 | 870 | 1,147 | 1,005 | 1,028 | 1,230 | 1,187 | 1,883 | 2,029 | 2,725 | 3,058 | 4,688 |
OPM % | 22% | 23% | 23% | 20% | 18% | 19% | 16% | 20% | 19% | 22% | 20% | 18% |
10 | 22 | 217 | 99 | 187 | 187 | 426 | 302 | 329 | 274 | 467 | 591 | |
Interest | 34 | 21 | 31 | 10 | 6 | 3 | 16 | 11 | 83 | 79 | 73 | 112 |
Depreciation | 105 | 123 | 130 | 158 | 174 | 178 | 156 | 147 | 273 | 332 | 355 | 582 |
Profit before tax | 560 | 749 | 1,204 | 936 | 1,035 | 1,236 | 1,442 | 2,028 | 2,003 | 2,588 | 3,097 | 4,584 |
Tax % | 25% | 25% | 17% | 18% | 19% | 21% | 23% | 25% | 24% | 25% | 26% | |
Net Profit | 419 | 562 | 996 | 769 | 836 | 971 | 1,112 | 1,516 | 1,520 | 1,938 | 2,298 | 3,462 |
EPS in Rs | 130.03 | 174.14 | 308.96 | 238.30 | 49.25 | 56.91 | 64.65 | 87.37 | 87.30 | 110.79 | 131.04 | 174.06 |
Dividend Payout % | 61% | 54% | 55% | 63% | 72% | 29% | 33% | 32% | 32% | 36% | 42% |
Compounded Sales Growth | |
---|---|
10 Years: | 17% |
5 Years: | 19% |
3 Years: | 18% |
TTM: | 48% |
Compounded Profit Growth | |
---|---|
10 Years: | 19% |
5 Years: | 19% |
3 Years: | 15% |
TTM: | 31% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 29% |
3 Years: | 31% |
1 Year: | -31% |
Return on Equity | |
---|---|
10 Years: | 34% |
5 Years: | 31% |
3 Years: | 29% |
Last Year: | 29% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Sep 2022 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
16 | 16 | 16 | 16 | 17 | 17 | 17 | 17 | 17 | 18 | 18 | 18 | |
Reserves | 1,089 | 1,323 | 1,594 | 2,010 | 2,108 | 3,127 | 3,843 | 4,876 | 5,387 | 7,286 | 8,797 | 9,175 |
269 | 234 | 110 | 218 | 55 | 0 | 0 | 0 | 912 | 798 | 836 | 824 | |
715 | 756 | 945 | 734 | 958 | 1,273 | 1,477 | 1,770 | 2,499 | 2,604 | 2,809 | 2,837 | |
Total Liabilities | 2,089 | 2,328 | 2,666 | 2,978 | 3,137 | 4,417 | 5,337 | 6,664 | 8,815 | 10,706 | 12,459 | 12,853 |
632 | 699 | 649 | 683 | 638 | 542 | 681 | 930 | 1,920 | 1,906 | 2,098 | 2,063 | |
CWIP | 108 | 142 | 57 | 25 | 20 | 1 | 7 | 12 | 59 | 66 | 481 | 652 |
Investments | 59 | 49 | 169 | 104 | 43 | 941 | 1,264 | 1,740 | 2,219 | 3,730 | 3,482 | 2,921 |
1,290 | 1,438 | 1,791 | 2,166 | 2,437 | 2,934 | 3,385 | 3,982 | 4,617 | 5,004 | 6,398 | 7,217 | |
Total Assets | 2,089 | 2,328 | 2,666 | 2,978 | 3,137 | 4,417 | 5,337 | 6,664 | 8,815 | 10,706 | 12,459 | 12,853 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | |
---|---|---|---|---|---|---|---|---|---|---|---|
336 | 608 | 628 | 642 | 858 | 1,170 | 844 | 1,395 | 1,644 | 2,400 | 1,652 | |
-97 | -224 | 180 | -103 | -40 | -961 | -452 | -749 | -643 | -1,657 | -971 | |
-253 | -396 | -769 | -497 | -817 | -33 | -408 | -594 | -890 | -509 | -1,046 | |
Net Cash Flow | -14 | -13 | 40 | 42 | 2 | 176 | -16 | 52 | 110 | 234 | -364 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | |
---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 79 | 70 | 69 | 80 | 73 | 66 | 70 | 71 | 78 | 61 | 66 |
Inventory Days | |||||||||||
Days Payable | |||||||||||
Cash Conversion Cycle | 79 | 70 | 69 | 80 | 73 | 66 | 70 | 71 | 78 | 61 | 66 |
Working Capital Days | 60 | 50 | 42 | 72 | 52 | 43 | 60 | 53 | 47 | 38 | 51 |
ROCE % | 52% | 75% | 48% | 47% | 46% | 42% | 47% | 37% | 37% | 36% |
Documents
Announcements
- Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 17h
- Announcement under Regulation 30 (LODR)-Newspaper Publication 28 Jan
- Announcement under Regulation 30 (LODR)-Press Release / Media Release 25 Jan
- Announcement under Regulation 30 (LODR)-Earnings Call Transcript 25 Jan
- Audio Recording Of Earnings Call 20 Jan
Annual reports
Concalls
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Jan 2023Transcript PPT
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Nov 2016Transcript PPT
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Jul 2016TranscriptPPT
Merger with Mindtree[1]
LTI and Mindtree Ltd (Mindtree), on May 06, 2022, announced the proposal to merge Mindtree into LTI through a scheme of amalgamation as approved by the respective boards of the companies. The shareholders of Mindtree will receive 73 shares of LTI (face value of Rs 1 each) in exchange for 100 shares of Mindtree (face value of Rs 10 each)