LTM 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 ₹ 1,26,809 Cr.
- Current Price ₹ 4,275
- High / Low ₹ 6,430 / 3,528
- Stock P/E 24.1
- Book Value ₹ 771
- Dividend Yield 1.75 %
- ROCE 30.4 %
- ROE 23.8 %
- Face Value ₹ 1.00
Pros
- Company is almost debt free.
- Company has a good return on equity (ROE) track record: 3 Years ROE 23.5%
- Company has been maintaining a healthy dividend payout of 43.7%
- Company's working capital requirements have reduced from 34.2 days to 26.4 days
Cons
* 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.
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 4,744 | 5,568 | 6,183 | 6,906 | 8,907 | 10,184 | 11,563 | 24,845 | 31,976 | 34,253 | 36,682 | 40,482 | 42,049 | |
| 3,789 | 4,643 | 5,085 | 5,858 | 7,184 | 8,318 | 9,058 | 19,878 | 26,106 | 28,116 | 30,513 | 33,254 | 34,448 | |
| Operating Profit | 955 | 926 | 1,098 | 1,048 | 1,723 | 1,866 | 2,505 | 4,967 | 5,870 | 6,137 | 6,170 | 7,228 | 7,601 |
| OPM % | 20% | 17% | 18% | 15% | 19% | 18% | 22% | 20% | 18% | 18% | 17% | 18% | 18% |
| 88 | 228 | 198 | 525 | 329 | 422 | 225 | 889 | 502 | 710 | 974 | 651 | 223 | |
| Interest | 10 | 6 | 3 | 14 | 4 | 72 | 72 | 119 | 144 | 207 | 271 | 266 | 268 |
| Depreciation | 91 | 103 | 109 | 91 | 88 | 208 | 267 | 530 | 649 | 760 | 904 | 973 | 988 |
| Profit before tax | 943 | 1,044 | 1,184 | 1,468 | 1,960 | 2,007 | 2,391 | 5,207 | 5,579 | 5,879 | 5,969 | 6,639 | 6,568 |
| Tax % | 18% | 18% | 21% | 21% | 25% | 23% | 25% | 25% | 24% | 24% | 26% | 26% | |
| 773 | 856 | 938 | 1,160 | 1,475 | 1,552 | 1,787 | 3,912 | 4,248 | 4,486 | 4,446 | 4,934 | 4,877 | |
| EPS in Rs | 239.68 | 50.42 | 54.97 | 67.45 | 85.02 | 89.15 | 102.28 | 223.22 | 143.61 | 151.47 | 150.07 | 166.40 | 164.50 |
| Dividend Payout % | 62% | 70% | 30% | 32% | 33% | 31% | 39% | 42% | 42% | 43% | 43% | 45% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 22% |
| 5 Years: | 28% |
| 3 Years: | 8% |
| TTM: | 13% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 20% |
| 5 Years: | 26% |
| 3 Years: | 8% |
| TTM: | 13% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 21% |
| 5 Years: | -6% |
| 3 Years: | -7% |
| 1 Year: | -22% |
| Return on Equity | |
|---|---|
| 10 Years: | 27% |
| 5 Years: | 26% |
| 3 Years: | 24% |
| Last Year: | 24% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 16 | 17 | 17 | 17 | 17 | 17 | 18 | 30 | 30 | 30 | 30 | 30 |
| Reserves | 1,909 | 1,947 | 2,960 | 3,701 | 4,696 | 5,211 | 6,922 | 13,846 | 15,947 | 19,269 | 21,804 | 22,839 |
| 218 | 55 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,932 | 2,094 | 2,085 | |
| 764 | 936 | 1,236 | 1,300 | 1,513 | 3,088 | 3,048 | 5,941 | 6,457 | 5,227 | 5,288 | 10,238 | |
| Total Liabilities | 2,907 | 2,955 | 4,213 | 5,019 | 6,227 | 8,317 | 9,988 | 19,816 | 22,434 | 26,458 | 29,217 | 35,192 |
| 337 | 320 | 286 | 273 | 315 | 1,152 | 1,030 | 2,550 | 2,931 | 4,220 | 4,561 | 4,522 | |
| CWIP | 24 | 19 | 1 | 7 | 8 | 40 | 43 | 472 | 856 | 477 | 563 | 894 |
| Investments | 458 | 322 | 1,231 | 1,560 | 2,260 | 2,874 | 4,390 | 6,711 | 5,919 | 9,203 | 10,357 | 13,180 |
| 2,088 | 2,293 | 2,695 | 3,179 | 3,644 | 4,252 | 4,524 | 10,083 | 12,728 | 12,558 | 13,736 | 16,596 | |
| Total Assets | 2,907 | 2,955 | 4,213 | 5,019 | 6,227 | 8,317 | 9,988 | 19,816 | 22,434 | 26,458 | 29,217 | 35,192 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 580 | 765 | 1,047 | 711 | 1,248 | 1,644 | 2,180 | 3,206 | 2,886 | 5,530 | 4,040 | 4,633 | |
| -98 | 38 | -935 | -244 | -687 | -570 | -1,637 | -1,352 | -186 | -3,834 | -1,674 | -1,524 | |
| -495 | -817 | -44 | -408 | -595 | -918 | -513 | -1,682 | -1,980 | -2,163 | -2,515 | -2,952 | |
| Net Cash Flow | -12 | -14 | 68 | 59 | -34 | 156 | 30 | 173 | 720 | -467 | -150 | 157 |
| Free Cash Flow | 472 | 684 | 989 | 626 | 1,125 | 1,404 | 2,004 | 2,257 | 1,987 | 4,744 | 3,188 | 3,821 |
| CFO/OP | 88% | 111% | 117% | 99% | 97% | 108% | 110% | 90% | 74% | 115% | 91% | 89% |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 79 | 72 | 66 | 70 | 71 | 78 | 64 | 64 | 61 | 57 | 56 | 64 |
| Inventory Days | ||||||||||||
| Days Payable | ||||||||||||
| Cash Conversion Cycle | 79 | 72 | 66 | 70 | 71 | 78 | 64 | 64 | 61 | 57 | 56 | 64 |
| Working Capital Days | 63 | 48 | 43 | 63 | 58 | 47 | 39 | 37 | 46 | 36 | 40 | 26 |
| ROCE % | 51% | 51% | 47% | 42% | 44% | 39% | 38% | 51% | 38% | 33% | 28% | 30% |
Insights
In beta| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Active Clients Clients |
|
|||||||||
| BFSI Revenue Mix % |
||||||||||
| North America Revenue Mix % |
||||||||||
| Top 10 Client Revenue Concentration % |
||||||||||
| Total Headcount Employees |
||||||||||
| TTM Attrition Rate % |
||||||||||
| Utilization (Excl. Trainees) % |
||||||||||
| Order Inflow (TCV) USD Bn |
||||||||||
| Women in Workforce % |
||||||||||
Extracted by Screener AI
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Press Release / Media Release
- LTM wins Avasant Digital Masters Award 2026 in Innovator category on September 17, 2026.
-
Announcement under Regulation 30 (LODR)-Press Release / Media Release
- On Sept. 9, 2026, LTM announced collaboration with IBM and Red Hat on Lightwell for AI-driven open-source remediation.
-
Schedule Of Analyst/Institutional Investor Meeting
- LTM Limited scheduled analyst meetings on 9 and 11 September 2026 with J.P. Morgan and UBS.
-
Receipt Of No-Objection Letters From The Stock Exchanges For Reclassification Of Promoter Group
- NSE and BSE issued NOCs on September 4, 2026 for Nabha Power reclassification to public.
-
Announcement under Regulation 30 (LODR)-Press Release / Media Release
- LTM inaugurated a new Global Delivery & AI Competency Center in Kolkata on August 27, 2026.
Annual reports
-
Annual Report 2026
from bse
-
Annual Report 2025
from bse
-
Annual Report 2024
from bse
-
Annual Report 2023
from bse
-
Annual Report 2022
from bse
-
Annual Report 2021
from bse
-
Annual Report 2020
from bse
-
Annual Report 2019
from bse
-
Annual Report 2018
from bse
-
Annual Report 2017
from bse
-
Annual Report 2010
from bse
-
Annual Report 2007
from bse
-
Annual Report 2006
from bse
-
Annual Report 2005
from bse
-
Annual Report 2004
from bse
Concalls
-
Jul 2026Transcript PPT REC
-
Jun 2026Transcript PPT
-
May 2026Transcript PPT REC
-
Apr 2026PPT
-
Jan 2026Transcript PPT
-
Oct 2025Transcript PPT REC
-
Jul 2025Transcript PPT
-
Apr 2025Transcript PPT REC
-
Jan 2025Transcript PPT
-
Nov 2024PPT
-
Oct 2024Transcript PPT
-
Jul 2024Transcript PPT
-
Apr 2024Transcript PPT
-
Jan 2024Transcript PPT
-
Oct 2023Transcript PPT
-
Jul 2023Transcript PPT
-
May 2023Transcript PPT REC
-
Mar 2023PPT
-
Jan 2023Transcript PPT
-
Jan 2023PPT
-
Nov 2022Transcript PPT
-
Jul 2022Transcript PPT
-
May 2022PPT
-
Apr 2022Transcript PPT
-
Feb 2022Transcript PPT
-
Oct 2021Transcript PPT
-
Jul 2021Transcript PPT
-
May 2021Transcript PPT
-
Feb 2021Transcript PPT
-
Nov 2020Transcript PPT
-
Jul 2020Transcript PPT
-
Jun 2020Transcript PPT
-
Feb 2020Transcript PPT
-
Nov 2019Transcript PPT
-
Jul 2019Transcript PPT
-
Jul 2019PPT
-
May 2019Transcript PPT
-
Feb 2019Transcript PPT
-
Dec 2018PPT
-
Nov 2018Transcript PPT
-
Jul 2018Transcript PPT
-
Jun 2018Transcript PPT
-
Feb 2018Transcript PPT
-
Dec 2017Transcript PPT
-
Nov 2017Transcript PPT
-
Aug 2017Transcript PPT
-
May 2017Transcript PPT
-
Feb 2017Transcript PPT
-
Nov 2016Transcript PPT
-
Jul 2016Transcript
Service Offerings
The company is a global technology consulting and digital solutions provider. It specializes in domain and technology expertise, offering IT services such as application development, maintenance, enterprise solutions, infrastructure management, testing, analytics, artificial intelligence, and cognitive solutions. [1] [2]