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LTM Ltd.
LTMLarge CapNSEBSE
Software & Programming · Information Technology
₹4,670.00up 206.00up 4.61 percentas of 28 Aug 2026
Book value ₹847.55Div yield 1.61%
Key metrics
- Market Cap
- 1,39,160.85 ₹ cr
- P/E
- 26.39 x
- P/B
- 5.51 x
- ROE
- 16.11%
- ROCE
- 23.56%
- Debt to Equity
- 0.17 x
- Net Margin
- 8.62%
- Dividend Yield
- 1.61%
- Revenue Growth (YoY)
- 17.96%
Observations
Mechanical observations generated from stored data, not analysis or opinion. Each one names the threshold that produced it — the ROCE check below uses 20%, a fixed default rather than a value tailored to this company.
- ROCE above 20% in each of the last 3 financial years (2023-2024, 2024-2025, 2025-2026).
- Revenue grew year-on-year in each of the last 3 years.
- Net margin declined year-on-year in each of the last 3 years.
- Promoter holding 68.5% (pledge data not available).
- Debt-to-equity 0.17 — below the Information Technology median of 0.34.
LTM
₹4,670.00up 4.61 percent
EOD Synced: 28 Aug 2026 18:30 ISTOverview & Live Price Chart
Executive Investment Verdict & Quality Synthesis
Autonomous V2Multi-dimensional quantitative synthesis across capital efficiency, forensic accounting, intrinsic valuation, and ownership governance.
Factual Quantitative Consensus
1. Capital Efficiency & MoatHigh ROCE Compounder
21.71%ROCE
ROE: 20.89%·P/B: 5.51x
2. Forensic Health & SolvencyPiotroski 4/9 · Adequate Health
4/9Piotroski Score
Altman: 8.3 (Safe Zone)
3. Valuation & DCF Spread-56.9% Valuation Premium
₹2,013DCF Fair Value
CMP: ₹4,670.0
4. Ownership & GovernanceClean Promoter Holding
68.49%Promoter Stake
Pledged: 0.0%·Inst: 10.43%
Institutional Factor Scores
QVGM Factor Grade Matrix
Institutional Multi-Factor Profile (QVGM)
Composite 0–100 percentile ranks normalized across all 500 universe constituents
Rank #14 of 20 in Software & ProgrammingQVGM 51/100
Quality (Q)71
ROE, ROCE, Margins & Cash Conversion
Value (V)54
P/E, P/B, EV/EBITDA vs Sector Benchmarks
Growth (G)33
3Y Sales & EPS Compounded Growth
Momentum (M)42
Relative Strength & Trend Position
TheScreener Radar™ 5-Pillar Quantitative Scorecard
Holistic quantitative radar evaluating fundamental quality, valuation multiples, balance sheet health, growth, and price momentum
Sector Rank:Rank #14 of 20 in Software & Programming
Valuation
Moderate54/100
P/E Ratio:26.39x
P/B Ratio:5.51x
Dividend Yield:1.61%
P/E, P/B, EV/EBITDA & Dividend Yield relative to 5Y medians and sector
Growth
Weak33/100
3Y Sales CAGR:—
3Y PAT CAGR:—
Quarterly YoY:+12.4%
3-Year Compounded Sales & Net Profit Growth trajectory
Profitability
Strong71/100
ROE:20.9%
ROCE:21.7%
OPM %:—
Return on Equity (ROE), ROCE & Operating Margin efficiency
Solvency & Health
Moderate44/100
Piotroski F-Score:4/9
Altman Z-Score:8.31
Debt / Equity:0.00
Balance Sheet strength, Altman Z-Score & Piotroski F-Score checklist
Momentum
Moderate42/100
1Y Return:—
RSI (14):54.2
From 52W High:—
1-Year Relative Strength vs NIFTY 500, RSI-14 & 52W High distance
Quantitative Drivers & Growth Analysis
52-week corridor, deep valuation multiples, compounded CAGR trajectory, and institutional flow shifts
52-Week Low₹3,538.00
From 52W High-27.11%
52-Week High₹6,407.00
Valuation MultiplesCash Flow & Yield
PEG Ratio3.70
Earnings Yield4.66%
Price / FCF—
FCF Yield-0.03%
Payout Ratio34.49%
Net-Net Ratio-2.89
Solvency & SafetyPiotroski & Altman
Piotroski F-Score4/9
Altman Z-Score8.31
Graham Number₹2,036.38
1Y Flow & Margin ShiftsTrailing 12M
FII Stake:▼ 0.32%
DII Stake:▼ 0.21%
OPM Margin:▼ 0.43%
Net Margin:▼ 0.24%
Compounded Annual Growth Rate (CAGR Matrix)
Historical Fundamental Trajectory| Metric | QoQ Shift | YoY Shift | 1Y CAGR | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|
| Revenue Growth | ▲ +2.80% | ▲ +17.96% | 11.31% | 8.43% | 27.88% |
| Net Profit Growth | ▲ +5.31% | ▲ +16.92% | 9.12% | 4.41% | 20.98% |
| EPS Growth | ▲ +8.93% | ▲ +16.89% | 18.01% | 7.13% | 10.79% |
Intrinsic Valuation Models & DCF Sensitivity
Institutional DCF & Intrinsic Valuation Studio — LTM
2-Stage Discounted Cash Flow, Reverse DCF Implied Growth, and Benjamin Graham & Peter Lynch valuation benchmarks.
DCF Intrinsic Fair Value
₹2,060.8
Verdict:Overvalued (-55.9%)
Benjamin Graham Number
₹1,825.3
-60.9% vs CMPPeter Lynch Fair Value
₹1,037.1
-77.8% vs CMPReverse DCF Implied Growth
29.7% CAGR
Aggressive Expectations (Priced for Perfection)Valuation Spectrum PositioningCMP: ₹4,670.0
₹0 (Distress)CMP: ₹4,670DCF: ₹2,061Graham: ₹1,825
Scenario Calibration & Sensitivity Levers
Tune Discount Rate (WACC), 5-Year Growth, and Terminal Value to model bear, base, and bull cases.
Discount Rate (WACC)11.5%
Cost of Capital Hurdle
5-Year FCF Growth CAGR6.0%
Assumed stage-1 cash flow expansionTerminal Growth Rate4.5%
Long-term perpetual GDP growth rate5-Year Projected Cash Flow Schedule (₹ Cr)
| Projection Period | Growth Rate | Projected FCF | Discount Factor | Present Value |
|---|---|---|---|---|
| Year 1 | 6% | ₹4,100 | 0.8969 | ₹3,677 |
| Year 2 | 6% | ₹4,346 | 0.8044 | ₹3,496 |
| Year 3 | 6% | ₹4,607 | 0.7214 | ₹3,324 |
| Year 4 | 6% | ₹4,884 | 0.6470 | ₹3,160 |
| Year 5 | 6% | ₹5,177 | 0.5803 | ₹3,004 |
2D Sensitivity Matrix (WACC vs Terminal Growth Rate)
Click any cell to apply WACC & terminal growth scenario. Values in ₹ / share.| WACC \ g(Terminal) | 3.0% | 4.0% | 4.5% | 5.0% | 6.0% |
|---|---|---|---|---|---|
| 10.0% | ₹2166 -54% | ₹2450 -48% | ₹2631 -44% | ₹2848 -39% | ₹3444 -26% |
| 11.0% | ₹1890 -60% | ₹2095 -55% | ₹2222 -52% | ₹2369 -49% | ₹2752 -41% |
| 11.5% | ₹1776 -62% | ₹1953 -58% | ₹2061 -56% | ₹2185 -53% | ₹2501 -46% |
| 12.0% | ₹1675 -64% | ₹1829 -61% | ₹1922 -59% | ₹2027 -57% | ₹2291 -51% |
| 13.0% | ₹1503 -68% | ₹1622 -65% | ₹1692 -64% | ₹1771 -62% | ₹1962 -58% |
Discounted cash flow (DCF) and valuation models are quantitative projections based on user-supplied assumptions — not a forecast, not a guarantee of future performance, and not SEBI-registered investment advice. Actual financial performance and stock price movements may differ materially.
New to intrinsic valuation models? Learn how Discounted Cash Flow and Terminal Growth rates work.Read DCF Academy Guide →
Valuation history
P/E26.39current
ReportedComputed, approximate
P/B5.51current
ReportedComputed, approximate
The dashed line is computed from historical close price divided by the most recently reported annual EPS or book value — not IndianAPI's own figure, which only ever gives a single current reading with no history behind it. Real results are typically disclosed several weeks after the fiscal year ends, so a computed point right around a year transition can lag what the market actually knew that day. The solid line is the real reported figure.
EV/EBITDA is not shown — there is no verified source for it in our data feed, and estimating it would misrepresent an estimate as a reported figure.
| Date | P/E | P/B |
|---|---|---|
| 31 Aug 2026 | 26.39 | 5.51 |
Analyst Consensus, Price Targets & Forecasts
Analyst Consensus & Recommendations
Aggregated institutional equity research ratings · 31 Aug 2026
Hold(2.63 / 5)
Strong Buy:7
Buy:12
Hold:10
Sell:6
Strong Sell:3
Coverage: 38 contributing analystsScale: 1 (Strong Buy) – 5 (Strong Sell)
Ratings shown are third-party analyst estimates compiled from institutional brokers. They do not constitute investment advice.
Risk Profile & Volatility
Statistical return volatility classification · 31 Aug 2026
Balanced risk
Low RiskModerate RiskHigh Risk
Annualised Standard Deviation:36.61%
Analyst Price Targets
12-month forward price consensus · 31 Aug 2026
Upside: -4.86%
Mean Target₹4,443.00vs CMP ₹4,670.00
High Target₹6,162.00+31.9% max upside
Low Target₹3,046.00-34.8% downside
Median Target₹4,460.0037 estimates
Low: ₹3,046.00Mean: ₹4,443.00High: ₹6,162.00
Mean Target Current Price (₹4,670.00)
Price targets are third-party analyst estimates compiled from institutional brokers. They do not constitute investment advice.
Forward Financial Forecasts & Consensus Estimates
Institutional broker consensus estimates and forward earnings trajectory
FY2024EConsensus
Mean Estimate
₹37.06
Low:—
High:—
FY2024EConsensus
Mean Estimate
₹39.17
Low:—
High:—
FY2024EConsensus
Mean Estimate
₹38.85
Low:—
High:—
FY2024EConsensus
Mean Estimate
₹39.40
Low:—
High:—
FY2025E19 Analysts
Mean Estimate
₹38.04
Low:—
High:—
FY2025EConsensus
Mean Estimate
₹38.23
Low:—
High:—
FY2025E18 Analysts
Mean Estimate
₹42.17
Low:—
High:—
FY2025E15 Analysts
Mean Estimate
₹36.59
Low:—
High:—
FY2026E11 Analysts
Mean Estimate
₹46.93
Low:—
High:—
FY2026E17 Analysts
Mean Estimate
₹42.28
Low:—
High:—
FY2026E13 Analysts
Mean Estimate
₹47.23
Low:—
High:—
FY2026E11 Analysts
Mean Estimate
₹32.71
Low:—
High:—
FY2027E8 Analysts
Mean Estimate
₹51.23
Low:₹48.00
High:₹55.00
FY2027E8 Analysts
Mean Estimate
₹52.42
Low:₹49.00
High:₹56.00
FY2027E10 Analysts
Mean Estimate
₹49.42
Low:—
High:—
FY2027E9 Analysts
Mean Estimate
₹49.40
Low:₹46.00
High:₹53.00
FY2028E4 Analysts
Mean Estimate
₹57.38
Low:₹53.00
High:₹59.00
FY2028E4 Analysts
Mean Estimate
₹55.52
Low:₹54.00
High:₹58.00
FY2028E6 Analysts
Mean Estimate
₹52.30
Low:₹46.00
High:₹58.00
FY2028E4 Analysts
Mean Estimate
₹57.38
Low:₹53.00
High:₹62.00
FY2029E1 Analysts
Mean Estimate
₹55.95
Low:₹55.00
High:₹55.00
| Period / Fiscal Year | Consensus Mean | Bull Case (High) | Bear Case (Low) | Brokers |
|---|---|---|---|---|
| FY2024 Forecast | ₹37.06 | — | — | — |
| FY2024 Forecast | ₹39.17 | — | — | — |
| FY2024 Forecast | ₹38.85 | — | — | — |
| FY2024 Forecast | ₹39.40 | — | — | — |
| FY2025 Forecast | ₹38.04 | — | — | 19 |
| FY2025 Forecast | ₹38.23 | — | — | — |
| FY2025 Forecast | ₹42.17 | — | — | 18 |
| FY2025 Forecast | ₹36.59 | — | — | 15 |
| FY2026 Forecast | ₹46.93 | — | — | 11 |
| FY2026 Forecast | ₹42.28 | — | — | 17 |
| FY2026 Forecast | ₹47.23 | — | — | 13 |
| FY2026 Forecast | ₹32.71 | — | — | 11 |
| FY2027 Forecast | ₹51.23 | ₹55.00 | ₹48.00 | 8 |
| FY2027 Forecast | ₹52.42 | ₹56.00 | ₹49.00 | 8 |
| FY2027 Forecast | ₹49.42 | — | — | 10 |
| FY2027 Forecast | ₹49.40 | ₹53.00 | ₹46.00 | 9 |
| FY2028 Forecast | ₹57.38 | ₹59.00 | ₹53.00 | 4 |
| FY2028 Forecast | ₹55.52 | ₹58.00 | ₹54.00 | 4 |
| FY2028 Forecast | ₹52.30 | ₹58.00 | ₹46.00 | 6 |
| FY2028 Forecast | ₹57.38 | ₹62.00 | ₹53.00 | 4 |
| FY2029 Forecast | ₹55.95 | ₹55.00 | ₹55.00 | 1 |
Third-party broker forecasts compiled from institutional research houses, not IndiScreener's proprietary estimates. Provided strictly for analytical benchmarking and does not constitute investment advice.
Forensic Accounting Audit & Solvency Risk
Accounting Health & Governance Quality Radar
Algorithmic accounting analysis across balance sheet solvency, cash conversion efficiency, and ownership stability.
Clean Governance & Solvency
Financial Strengths & Catalysts
4 Factors- •Company has delivered a high Return on Equity (ROE) of 20.9%.
- •Company maintains conservative leverage with D/E of 0.10x.
- •Strong cash generation: Operating Cash Flow is 95.6% of reported Net Profit.
- •High promoter holding of 68.5% with zero encumbrance / pledge.
Risk Factors & Watchouts
0 WatchoutsClean profile: No major debt, leverage, or working capital red flags detected.
Forensic Accounting & Health Audit
Piotroski F-Score, Altman Z-Score Distress Model & Beneish Earnings Manipulation Checks
Piotroski F-Score4 / 9
● Moderate (Neutral)
Altman Z-Score8.31
● Safe Zone
Negligible risk of financial distress over the next 2 years.
Beneish M-Score-2.44
● Low Risk (Clean Accounting)
Cash flows closely match reported earnings with conservative accruals.
Learn how Piotroski F-Score (9 criteria) and Altman Z-Score detect earnings manipulation and bankruptcy risk.Read Forensic Guide →
10-Year Financial Statements & DuPont ROE
Financial Statements
consolidated · amounts in ₹ Crores
Accounting Flow:
Wall Street Cash Flow & Free Cash Flow (FCF) Cascade
FY26 (2025-2026)3-Stage institutional flow from reported earnings to owner Free Cash Flow and capital allocation
FCF Conversion Rate (FCF / PAT)
77.1%Healthy
Measures how much reported accounting profit turns into real liquid cash.
Free Cash Flow Margin
9.1%of Gross Revenue
Liquid cash retained per ₹100 of top-line revenue generated.
CapEx Reinvestment Rate
19.4%of Operating Cash
Portion of operating cash reinvested in future capacity and maintenance.
Reported Net Profit (PAT)₹5,018 CrInflow
5,018
+ D&A Non-Cash Charge₹1,054 CrAdd-back
1,054
Working Capital Adjustment-₹1,273 Cr- Tied Up
1,273
= Operating Cash Flow (CFO)₹4,799 CrOperating Cash
4,799
- Capital Expenditures (CapEx)-₹931 CrReinvestment
931
= Free Cash Flow (FCF)₹3,868 CrFree Cash Flow
3,868
- Dividends & Debt Repayment-₹1,104 CrCapital Return
1,104
= Net Change in Cash₹2,764 CrNet Balance
2,764
Multi-Year Historical FCF vs Reported PAT Trajectory:
Free Cash Flow (FCF) Reported Net Profit (PAT)
| Metric | 2014-201531 Mar 2015 | 2015-201631 Mar 2016 | 2016-201731 Mar 2017 | 2017-201831 Mar 2018 | 2018-201931 Mar 2019 | 2019-202031 Mar 2020 | 2020-202131 Mar 2021 | 2021-202231 Mar 2022 | 2022-202331 Mar 2023 | 2023-202431 Mar 2024 | 2024-202531 Mar 2025 | 2025-202631 Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | — | — | — | — | ₹21,153.80 | ₹10,878.60 | ₹12,369.80 | ₹26,108.70 | ₹33,183.00 | ₹35,517.00 | ₹38,008.10 | ₹42,307.60 |
| Operating profit | — | — | — | — | ₹4,230.76 | ₹1,756.30 | ₹2,449.70 | ₹4,658.60 | ₹5,448.90 | ₹5,619.80 | ₹5,509.00 | ₹5,950.40 |
| OPM | — | — | — | — | 20.00% | 16.14% | 19.80% | 17.84% | 16.42% | 15.82% | 14.49% | 14.06% |
| Net profit | — | — | — | — | ₹2,509.05 | ₹1,520.10 | ₹1,936.10 | ₹3,948.30 | ₹4,408.30 | ₹4,582.10 | ₹4,598.70 | ₹5,018.10 |
| EPS | — | — | — | — | 84.32 | 86.65 | 109.49 | 224.87 | 148.62 | 153.17 | 154.86 | 182.75 |
| Net margin | — | — | — | — | 11.86% | 13.97% | 15.65% | 15.12% | 13.28% | 12.90% | 12.10% | 11.86% |
| ROE | — | — | — | — | 19.60% | 28.13% | 26.51% | 27.64% | 26.57% | 22.89% | 20.26% | 20.89% |
| ROCE | 48.00% | 47.00% | 46.00% | 42.00% | 24.91% | 27.05% | 30.33% | 30.07% | 30.25% | 25.76% | 22.34% | 21.71% |
| Debt / equity | — | — | — | — | 0.33 | 0.17 | 0.11 | 0.10 | 0.09 | 0.10 | 0.10 | 0.10 |
Compounded growth (CAGR)
| Metric | 1Y | 3Y | 5Y | 10Y |
|---|---|---|---|---|
| Revenue | 11.31% | 8.43% | 27.88% | — |
| Net profit | 9.12% | 4.41% | 20.98% | — |
| EPS | 18.01% | 7.13% | 10.79% | — |
Each column only appears when 12 real reported years actually support it — never extrapolated from fewer.
Balance sheet
| Metric | 2014-2015 | 2015-2016 | 2016-2017 | 2017-2018 | 2018-2019 | 2019-2020 | 2020-2021 | 2021-2022 | 2022-2023 | 2023-2024 | 2024-2025 | 2025-2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | — | — | — | — | ₹23,269.18 | ₹8,824.90 | ₹10,709.10 | ₹20,582.40 | ₹23,496.10 | ₹27,563.00 | ₹30,630.00 | ₹37,196.00 |
| Total liabilities | — | — | — | — | ₹10,471.13 | ₹3,420.90 | ₹3,405.70 | ₹6,295.20 | ₹6,904.00 | ₹7,545.80 | ₹7,931.70 | ₹13,171.00 |
| Total equity | — | — | — | — | ₹12,798.05 | ₹5,404.00 | ₹7,303.40 | ₹14,287.20 | ₹16,592.10 | ₹20,017.20 | ₹22,698.30 | ₹24,025.00 |
| Total debt | — | — | — | — | ₹4,188.45 | ₹911.90 | ₹798.30 | ₹1,391.10 | ₹1,541.20 | ₹2,070.60 | ₹2,187.30 | ₹2,310.00 |
| Cash | — | — | — | — | ₹2,792.30 | ₹388.00 | ₹604.50 | ₹1,387.20 | ₹2,081.40 | ₹1,659.90 | ₹1,953.50 | ₹1,911.70 |
| Current assets | — | — | — | — | ₹10,471.13 | ₹6,329.00 | ₹8,131.30 | ₹14,938.60 | ₹17,185.80 | ₹18,846.40 | ₹20,937.90 | ₹27,697.20 |
| Current liabilities | — | — | — | — | ₹5,817.30 | ₹2,331.20 | ₹2,632.30 | ₹5,092.30 | ₹5,482.60 | ₹5,743.20 | ₹5,965.90 | ₹9,783.70 |
| Inventory | — | — | — | — | ₹2,115.38 | — | — | ₹4.10 | ₹3.30 | ₹3.00 | ₹2.80 | ₹3.30 |
| Receivables | — | — | — | — | ₹2,538.46 | ₹966.00 | ₹1,187.90 | ₹6,667.30 | ₹8,559.80 | ₹7,968.90 | ₹8,406.50 | ₹10,562.40 |
| Payables | — | — | — | — | ₹1,903.84 | ₹349.30 | ₹355.80 | ₹443.40 | ₹425.70 | ₹385.80 | ₹487.10 | ₹485.50 |
| Net PP&E | — | — | — | — | ₹9,307.67 | ₹1,210.50 | ₹1,048.10 | ₹2,489.60 | ₹3,036.20 | ₹4,023.70 | ₹4,544.90 | ₹5,087.50 |
| Retained earnings | — | — | — | — | ₹9,598.54 | ₹5,203.60 | ₹6,607.30 | ₹13,234.90 | ₹16,082.30 | ₹18,926.60 | ₹21,601.80 | ₹24,635.20 |
Cash flow
| Metric | 2014-2015 | 2015-2016 | 2016-2017 | 2017-2018 | 2018-2019 | 2019-2020 | 2020-2021 | 2021-2022 | 2022-2023 | 2023-2024 | 2024-2025 | 2025-2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | — | — | — | — | ₹3,136.31 | ₹1,643.50 | ₹2,399.60 | ₹3,250.70 | ₹3,094.60 | ₹5,669.50 | ₹4,545.80 | ₹4,798.80 |
| Capital expenditure | — | — | — | — | ₹1,269.23 | ₹-246.50 | ₹-271.90 | ₹-1,057.30 | ₹-939.30 | ₹-843.20 | ₹-949.60 | ₹-930.60 |
| Free cash flow | — | — | — | — | ₹1,867.08 | ₹1,397.00 | ₹2,127.70 | ₹2,193.40 | ₹2,155.30 | ₹4,826.30 | ₹3,596.20 | ₹3,868.20 |
| OCF / net profit | — | — | — | — | 1.25 | 1.08 | 1.24 | 0.82 | 0.70 | 1.24 | 0.99 | 0.96 |
| FCF / Capex intensity | — | — | — | — | 0.06 | 2.27 | 2.20 | 4.05 | 2.83 | 2.37 | 2.50 | 2.20 |
Income statement detail
| Metric | 2014-2015 | 2015-2016 | 2016-2017 | 2017-2018 | 2018-2019 | 2019-2020 | 2020-2021 | 2021-2022 | 2022-2023 | 2023-2024 | 2024-2025 | 2025-2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit | — | — | — | — | ₹7,403.83 | ₹9,554.20 | ₹10,700.50 | ₹22,878.90 | ₹29,215.10 | ₹31,337.50 | ₹33,486.70 | ₹36,398.90 |
| Cost of revenue | — | — | — | — | ₹13,749.97 | ₹1,324.40 | ₹1,669.30 | ₹3,229.80 | ₹3,967.90 | ₹4,179.50 | ₹4,521.40 | ₹5,908.70 |
| EBITDA | — | — | — | — | ₹4,653.84 | ₹2,029.30 | ₹2,782.20 | ₹5,255.70 | ₹6,171.60 | ₹6,438.70 | ₹6,500.50 | ₹7,004.50 |
| Income before tax | — | — | — | — | ₹3,337.04 | ₹2,002.90 | ₹2,588.20 | ₹5,293.90 | ₹5,791.50 | ₹6,048.70 | ₹6,214.20 | ₹6,791.10 |
| Interest expense | — | — | — | — | ₹1,057.69 | — | — | — | — | — | — | — |
| Tax expense | — | — | — | — | ₹827.99 | ₹482.40 | ₹650.00 | ₹1,343.90 | ₹1,381.20 | ₹1,464.10 | ₹1,612.20 | ₹1,808.40 |
| D&A | — | — | — | — | ₹846.15 | ₹273.00 | ₹332.50 | ₹597.10 | ₹722.70 | ₹818.90 | ₹991.50 | ₹1,054.10 |
| EBITDA margin | — | — | — | — | 22.00% | 18.65% | 22.49% | 20.13% | 18.60% | 18.13% | 17.10% | 16.56% |
Financial ratios
| Metric | 2014-2015 | 2015-2016 | 2016-2017 | 2017-2018 | 2018-2019 | 2019-2020 | 2020-2021 | 2021-2022 | 2022-2023 | 2023-2024 | 2024-2025 | 2025-2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current ratio | — | — | — | — | 1.80 | 2.71 | 3.09 | 2.93 | 3.13 | 3.28 | 3.51 | 2.83 |
| Quick ratio | — | — | — | — | 1.44 | — | — | 2.93 | 3.13 | 3.28 | 3.51 | 2.83 |
| Interest coverage | — | — | — | — | 4.00 | — | — | — | — | — | — | — |
| Inventory days | — | — | — | — | 45.00 | — | — | 0.46 | 0.30 | 0.26 | 0.23 | 0.20 |
| Receivable days | 80.00 | 73.00 | 66.00 | 70.00 | 35.00 | 32.41 | 35.05 | 93.21 | 94.15 | 81.89 | 80.73 | 91.12 |
| Payable days | — | — | — | — | 40.00 | 96.27 | 77.80 | 50.11 | 39.16 | 33.69 | 39.32 | 29.99 |
| Cash conversion cycle | 80.00 | 73.00 | 66.00 | 70.00 | 40.00 | — | — | 43.56 | 55.30 | 48.46 | 41.63 | 61.34 |
| Working capital days | 58.00 | 49.00 | 43.00 | 60.00 | 30.00 | 30.00 | 30.00 | 30.00 | 30.00 | 30.00 | 30.00 | 30.00 |
| Fixed asset turnover | — | — | — | — | 2.27 | 8.99 | 11.80 | 10.49 | 10.93 | 8.83 | 8.36 | 8.32 |
| ROA | — | — | — | — | 10.78% | 17.23% | 18.08% | 19.18% | 18.76% | 16.62% | 15.01% | 13.49% |
| ROIC | — | — | — | — | 17.68% | 22.49% | 24.47% | 24.32% | 25.85% | 20.85% | 17.79% | 17.88% |
| Gross margin | — | — | — | — | 35.00% | 87.83% | 86.51% | 87.63% | 88.04% | 88.23% | 88.10% | 86.03% |
DuPont 3-Stage ROE Factor Decomposition
Deconstructing Return on Equity into Profitability, Asset Efficiency, and Financial Leverage
Balanced Return EngineFY2025-2026
Net marginProfitability
11.86%
Net Profit generated per ₹100 of revenue (Profitability)
×
Asset turnoverEfficiency
1.14
Revenue generated per ₹1 of total assets (Capital Efficiency)
×
Equity multiplierLeverage
1.55
Total assets supported per ₹1 of shareholder equity (Leverage)
=
Implied DuPont ROEFinal Output
20.89%
Reported: 20.89%
Explore the 3-Stage DuPont Formula: Net Margin × Asset Turnover × Leverage Multiplier.Read DuPont Guide →
Corporate Actions, Dividends & Capital Changes
Chronological Corporate Actions Registry
Historical stock splits, bonus shares, rights issues, and corporate schemes
| Year | Execution Date | Action Type | Ratio / Term |
|---|---|---|---|
| 2025 | 24 Oct 2025 | dividend | 2200% |
| 23 May 2025 | dividend | 4500% | |
| 2024 | 25 Oct 2024 | dividend | 2000% |
| 19 Jun 2024 | dividend | 4500% | |
| 2023 | 27 Oct 2023 | dividend | 2000% |
| 10 Jul 2023 | dividend | 4000% | |
| 31 Jan 2023 | dividend | 2000% | |
| 2022 | 01 Jul 2022 | dividend | 3000% |
| 2021 | 26 Oct 2021 | dividend | 1500% |
| 02 Aug 2021 | dividend | 1000% | |
| 02 Jul 2021 | dividend | 2500% | |
| 2020 | 28 Oct 2020 | dividend | 1500% |
| 13 Jul 2020 | dividend | 1550% | |
| 2019 | 26 Oct 2019 | dividend | 1250% |
| 15 Jul 2019 | dividend | 1550% | |
| 15 Jul 2019 | dividend | 1550% | |
| 2018 | 01 Nov 2018 | dividend | 1250% |
| 18 Aug 2018 | dividend | 1350% | |
| 18 Aug 2018 | dividend | 1350% | |
| 2017 | 14 Nov 2017 | dividend | 800% |
| 18 Aug 2017 | dividend | 970% | |
| 2016 | 18 Nov 2016 | dividend | 685% |
Dividend Intelligence & Capital Return History
Historical cash payout track record across 12 dividend distributions
Latest Year DPS:₹53.00
Yield on CMP:1.13%
3Y Dividend CAGR:-12.8%
Annual Dividend Payout Progression (Per Share)Total Cumulative DPS: ₹345.00
₹53.0
2026
₹67.0
2025
₹65.0
2024
₹80.0
2023
₹30.0
2022
₹50.0
2021
| Ex-Date | Amount (Per Share) | Dividend Type |
|---|---|---|
| 25 May 2026 | ₹53.00 | Final |
| 24 Oct 2025 | ₹22.00 | Interim |
| 23 May 2025 | ₹45.00 | Final |
| 25 Oct 2024 | ₹20.00 | Interim |
| 19 Jun 2024 | ₹45.00 | Final |
| 27 Oct 2023 | ₹20.00 | Interim |
| 10 Jul 2023 | ₹40.00 | Final |
| 31 Jan 2023 | ₹20.00 | Interim |
| 30 Jun 2022 | ₹30.00 | Final |
| 25 Oct 2021 | ₹15.00 | Interim |
| 30 Jul 2021 | ₹10.00 | Special |
| 01 Jul 2021 | ₹25.00 | Final |
Industry Peer Group & Valuation Spread
Compare valuation multiples and market cap relative to sector competitors
Information TechnologyCompare Peers in Studio
Market Cap1,39,160.85 ₹ cr
Beats 86% of 35 industry peers · median 16,695.36 ₹ cr
P/E26.39 x
Beats 52% of 33 industry peers · median 25.26 x
P/B5.51 x
Beats 67% of 33 industry peers · median 4.43 x
ROE16.11%
Beats 40% of 35 industry peers · median 18.18%
ROCE23.56%
Beats 60% of 35 industry peers · median 19.95%
Debt to Equity0.17 x
Beats 17% of 35 industry peers · median 0.34 x
Net Margin8.62%
Beats 14% of 35 industry peers · median 14.41%
Dividend Yield1.61%
Beats 48% of 29 industry peers · median 1.62%
Revenue Growth (YoY)17.96%
Beats 59% of 34 industry peers · median 17.57%
| Company | Market Cap ▼ | P/E | P/B |
|---|---|---|---|
| ₹8.41 L | 17.22 | 7.90 | |
Infosys Ltd.INFY | ₹4.64 L | 15.55 | 4.84 |
HCL Technologies Ltd.HCLTECH | ₹3.55 L | 21.45 | 4.75 |
Wipro Ltd.WIPRO | ₹1.77 L | 14.40 | 2.14 |
Tech Mahindra Ltd.TECHM | ₹1.59 L | 30.28 | 5.43 |
Peers are chosen strictly by industry classification. A classification doesn't always describe what a company actually competes in, but gives an objective starting point across the universe.
Regulatory Filings & Market Intelligence
Corporate Filings & Document Vault
SEBI LODR VerifiedAudited Annual Reports, Investor Decks, Earnings Concall Transcripts, and Board Resolutions for LTM Ltd. (LTM)
Indexed Documents7 Filings
Latest Disclosure03 Aug 2026
Board Outcome03 Aug 2026
LTM Ltd.: Outcome of Board Meeting for Approval of Audited Financial Results
Concall Transcript21 Jul 2026
LTM Ltd.: Transcript of Earnings Conference Call with Institutional Investors
Secretarial Filing03 Jul 2026
LTM Ltd.: Intimation under Regulation 30 of SEBI (LODR) Regulations, 2015
Press Release03 Jul 2026
LTM Ltd.: Press Release: Business Updates and New Strategic Initiatives
Shareholding22 May 2026
LTM Ltd.: Quarterly Statement of Shareholding Pattern filed with NSE/BSE
Investor Deck03 Feb 2026
LTM Ltd.: Investor Presentation on Q4 Financial Results and Growth Outlook
News
- IndianAPIIT firms rethink employee pyramids as automation reshapes economics
Since the start of FY27, seven of India's 10 largest IT services firms have announced changes to their organizational structures.
- IndianAPIIndian IT’s new headache: rising hardware costs
Rising hardware costs are forcing IT firms to rethink pricing, with top executives wary of offering blanket discounts that could erode operating margins.
- IndianAPIIndian IT’s new headache: rising hardware costs
Rising hardware costs are forcing IT firms to rethink pricing, with top executives wary of offering blanket discounts that could erode operating margins.
- IndianAPIL&T bets big on AI with Copilot rollout for over 80% of employees
L&T would be the first large Indian business group to equip almost all its employees with AI tools.
- IndianAPIL&T bets big on AI with Copilot rollout for over 80% of employees
L&T would be the first large Indian business group to equip almost all its employees with AI tools.
- IndianAPIMint Explainer | Why Indian IT is betting big on Europe through acquisitions
Persistent Systems' Nagarro deal and LTM's Randstad acquisition reflect a broader push by Indian IT companies to diversify beyond the US, gain local capabilities and tap Europe's growing technology market.
- IndianAPIMint Explainer | Why Indian IT is betting big on Europe through acquisitions
Persistent Systems' Nagarro deal and LTM's Randstad acquisition reflect a broader push by Indian IT companies to diversify beyond the US, gain local capabilities and tap Europe's growing technology market.
- IndianAPIIT mid-caps take the inorganic route to trump larger rivals in new biz
Indian mid-cap IT firms are using acquisitions to accelerate growth, positioning themselves to add more incremental revenue than larger peers this year as AI and weak demand reshape the industry.
- IndianAPIIT mid-caps take the inorganic route to trump larger rivals in new biz
Indian mid-cap IT firms are using acquisitions to accelerate growth, positioning themselves to add more incremental revenue than larger peers this year as AI and weak demand reshape the industry.
- IndianAPIFocusing on profitable growth: LTM CEO Venu Lambu
LTIMindtree CEO Venu Lambu is betting on profitable growth despite AI concerns and weak investor sentiment. The company posted its fastest growth in three years and is expanding globally through its first acquisition, even as shares remain under pressure.
- IndianAPIFocusing on profitable growth: LTM CEO Venu Lambu
LTIMindtree CEO Venu Lambu is betting on profitable growth despite AI concerns and weak investor sentiment. The company posted its fastest growth in three years and is expanding globally through its first acquisition, even as shares remain under pressure.
- IndianAPIYou can't control the speed of innovation, says LTM CEO Lambu
As LTM, formerly LTIMindtree Ltd., advances its goal of doubling revenue, CEO Venu Lambu says enterprises will continue to spend if AI investments deliver on the context, cost and mindset change.
- IndianAPIYou can't control the speed of innovation, says LTM CEO Lambu
As LTM, formerly LTIMindtree Ltd., advances its goal of doubling revenue, CEO Venu Lambu says enterprises will continue to spend if AI investments deliver on the context, cost and mindset change.
- IndianAPILTM buys Randstad's Europe, Australia units in first acquisition since merger
The $186-million deal for Randstad expands LTM's revenue base by $500 million and enhances its capabilities in various sectors while aligning with its ambitious growth plans.
- IndianAPILTM buys Randstad's Europe, Australia units in first acquisition since merger
The $186-million deal for Randstad expands LTM's revenue base by $500 million and enhances its capabilities in various sectors while aligning with its ambitious growth plans.
- IndianAPIIndia's IT outsourcers offering subscriptions and credits for AI work
Six months after two large IT services companies devised new billing structures for AI work, more large and mid-sized firms are adopting similar models, signalling that AI-linked pricing is becoming mainstream.
- IndianAPIIndia's IT outsourcers offering subscriptions and credits for AI work
Six months after two large IT services companies devised new billing structures for AI work, more large and mid-sized firms are adopting similar models, signalling that AI-linked pricing is becoming mainstream.
- IndianAPILTM aims to double revenue to $10 billion by FY31, bets big on AI-led deals
The Mumbai-based company ended last year with $4.76 billion in revenue, up 6%. More than a third of this growth came from manufacturing and resources companies, which make up about a fifth of its revenue. Two years ago, LTM had outlined a goal to touch $10 billion revenue by FY32.
- IndianAPILTM aims to double revenue to $10 billion by FY31, bets big on AI-led deals
The Mumbai-based company ended last year with $4.76 billion in revenue, up 6%. More than a third of this growth came from manufacturing and resources companies, which make up about a fifth of its revenue. Two years ago, LTM had outlined a goal to touch $10 billion revenue by FY32.
- IndianAPIBuybacks vs business: Wipro’s ₹15,000 cr payout leaves investors cold as revenue declines for third straight year
Wipro's buyback plan failed to boost investor confidence as shares dropped 2.78%. The company's revenue has declined for three consecutive years, raising concerns about its ability to convert deal pipelines into actual revenue amid a challenging macroeconomic environment.
For informational and educational purposes only. Not investment advice. Data may be delayed or incomplete. Consult a SEBI-registered investment adviser before making investment decisions.