LTM Ltd.
•Add ratio to table
ABOUT
KEY POINTS
Revenue Breakup Mar 2026 • Banking, Financial Services & Insurance: 35.2% • High-Tech, Media & Entertainment: 23.0% • Manufacturing: 20.2%
AI Sector View
AI GENERATEDInformation Technology
IT is supported by a still-expanding services backdrop and a weaker rupee. Export of services grew 13.0% YoY (2026-06), services PMI was 54.1 (Aug/26), and the currency at 95.23 (Sep/26) is depreciated versus the previous 95.16, which helps INR translation of export revenues. FPI positioning is only neutral-to-soft with net 3-month flow of INR -5 crore to 2026-08-31, so the positive stance is primarily macro-driven.
PROS
- Company has delivered good profit growth of 20.8% CAGR over last 5 years
- Company is almost debt free
- Company has a healthy return on capital (ROCE) of 31.6%
- Company has a good return on equity (ROE) track record: 3 Years ROE 23.0%
- Company has consistently been profitable over the last 5 years
- Company has delivered good sales growth of 27.9% CAGR over last 5 years
CONS
- Receivables are growing faster than sales - a possible quality concern
- Growth is decelerating - 3Y profit CAGR (4.2%) trails the 5Y trend (20.8%)
- Expensive relative to growth - PEG of 5.9
* The pros and cons are machine generated based on quantitative rules.
Peer comparison
| Name | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| TCS | 2202.00 | 16.00 | 796702.87 | 5.00 | 13420.00 | 4.69 | 72275.00 | 13.93 | 66.25 | 25.67 |
| INFY | 1038.20 | 13.91 | 421325.69 | 4.62 | 7775.00 | 12.29 | 48211.00 | 14.03 | 42.84 | 23.66 |
| HCLTECH | 1207.00 | 18.80 | 327539.38 | 4.47 | 4626.00 | 20.34 | 34579.00 | 13.94 | 31.20 | 19.87 |
| WIPRO | 167.50 | 12.55 | 165902.38 | 6.57 | 3356.30 | 0.59 | 24478.60 | 10.59 | 18.49 | 18.93 |
| TECHM | 1539.50 | 29.38 | 150891.59 | 3.31 | 1486.30 | 31.67 | 15711.90 | 17.68 | 23.04 | 17.43 |
| LTM | 4301.15 | 24.39 | 127581.28 | 1.74 | 1468.60 | 17.06 | 11608.00 | 17.96 | 30.25 | 17.75 |
| OFSS | 11760.00 | 30.01 | 102409.76 | 3.40 | 1415.50 | 120.52 | 3125.20 | 68.73 | 45.50 | 60.04 |
| PERSISTENT | 5537.45 | 45.42 | 87353.27 | 0.72 | 483.04 | 13.67 | 4303.23 | 29.09 | 35.09 | 16.19 |
| COFORGE | 1847.40 | 46.58 | 81835.77 | 0.86 | 531.70 | 49.19 | 5527.70 | 49.86 | 24.70 | 19.14 |
| MPHASIS | 2294.10 | 22.92 | 43790.98 | 2.70 | 489.51 | 10.82 | 4384.05 | 17.46 | 23.31 | 18.15 |
| LTTS | 3334.95 | 26.80 | 35379.24 | 1.74 | 357.10 | 12.97 | 2940.10 | 11.47 | 27.70 | 18.65 |
| TATATECH | 761.75 | 55.53 | 30931.00 | 1.54 | 180.75 | 6.15 | 1664.63 | 33.78 | 19.56 | 16.64 |
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 8,702 | 8,905 | 9,017 | 8,893 | 9,143 | 9,433 | 9,661 | 9,772 | 9,841 | 10,394 | 10,781 | 11,292 | 11,608 | |
| 7,067 | 7,274 | 7,432 | 7,357 | 7,536 | 7,734 | 8,068 | 8,176 | 8,191 | 8,464 | 8,778 | 9,319 | 9,885 | |
| Operating Profit | 1,636 | 1,631 | 1,585 | 1,536 | 1,606 | 1,699 | 1,593 | 1,596 | 1,649 | 1,930 | 2,003 | 1,973 | 1,723 |
| OPM % | 18.79% | 18.32% | 17.58% | 17.27% | 17.57% | 18.01% | 16.49% | 16.33% | 16.76% | 18.57% | 18.58% | 17.47% | 14.84% |
| 132 | 143 | 220 | 208 | 227 | 299 | 212 | 251 | 392 | 300 | -363 | 237 | 255 | |
| Interest | 46 | 47 | 61 | 68 | 72 | 70 | 69 | 67 | 72 | 69 | 69 | 65 | 76 |
| Depreciation | 185 | 208 | 199 | 227 | 235 | 241 | 264 | 251 | 243 | 282 | 266 | 264 | 261 |
| Profit before Tax | 1,536 | 1,519 | 1,545 | 1,448 | 1,526 | 1,687 | 1,472 | 1,529 | 1,726 | 1,879 | 1,305 | 1,881 | 1,978 |
| Tax % | 25.00% | 23.50% | 24.30% | 24.00% | 25.60% | 25.80% | 26.20% | 26.20% | 27.32% | 26.50% | 26.45% | 26.25% | 25.77% |
| Net Profit | 0 | 0 | 0 | 0 | 1,135 | 1,252 | 1,087 | 1,129 | 1,255 | 1,381 | 960 | 1,387 | 1,469 |
| 38.92 | 39.27 | 39.50 | 37.16 | 38.30 | 42.25 | 36.65 | 38.10 | 42.33 | 47.28 | 32.75 | 46.97 | 49.46 |
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 6,501 | 7,306 | 9,446 | 10,879 | 12,370 | 26,109 | 33,183 | 35,517 | 38,008 | 42,308 | 44,075 | |
| 5,271 | 6,121 | 7,565 | 8,858 | 9,658 | 20,880 | 27,088 | 29,143 | 31,538 | 34,798 | 36,446 | |
| Operating Profit | 1,230 | 1,186 | 1,881 | 2,020 | 2,712 | 5,228 | 6,095 | 6,374 | 6,470 | 7,510 | 7,629 |
| OPM % | 18.92% | 16.23% | 19.91% | 18.57% | 21.92% | 20.03% | 18.37% | 17.95% | 17.02% | 17.75% | 17.31% |
| 187 | 428 | 305 | 338 | 288 | 786 | 570 | 716 | 1,015 | 612 | 430 | |
| Interest | 3 | 16 | 11 | 83 | 79 | 123 | 150 | 222 | 279 | 276 | 280 |
| Depreciation | 178 | 156 | 147 | 273 | 332 | 597 | 723 | 819 | 992 | 1,054 | 1,072 |
| Profit before Tax | 1,236 | 1,442 | 2,028 | 2,003 | 2,588 | 5,294 | 5,792 | 6,049 | 6,214 | 6,791 | 7,043 |
| Tax % | 21.44% | 22.83% | 25.26% | 24.09% | 25.11% | 25.39% | 23.85% | 24.21% | 25.94% | 26.63% | 26.22% |
| Net Profit | 971 | 1,112 | 1,516 | 1,520 | 1,938 | 3,950 | 4,410 | 4,585 | 4,602 | 4,983 | 5,197 |
| EPS | 55.80 | 63.48 | 86.43 | 86.61 | 110.26 | 133.35 | 148.83 | 154.80 | 155.36 | 169.53 | — |
| Dividend Payout % | 29.15% | 33.26% | 32.14% | 32.05% | 36.16% | 24.52% | 40.29% | 41.99% | 41.84% | 44.24% | — |
COMPOUNDED SALES GROWTH
- 10 Years:
- 22%
- 5 Years:
- 28%
- 3 Years:
- 8%
COMPOUNDED PROFIT GROWTH
- 10 Years:
- 20%
- 5 Years:
- 21%
- 3 Years:
- 4%
STOCK PRICE CAGR
- 10 Years:
- —
- 5 Years:
- —
- 3 Years:
- —
- 1 Year:
- —
RETURN ON EQUITY
- 10 Years:
- 30%
- 5 Years:
- 27%
- 3 Years:
- 23%
- Last Year:
- 22%
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 17 | 17 | 17 | 17 | 18 | 18 | 30 | 30 | 30 | 30 |
| Minority Interest | 1 | 1 | 1 | 1 | 4 | 6 | 7 | 9 | 13 | 83 |
| 2,976 | 3,768 | 4,809 | 5,318 | 7,206 | 14,081 | 16,079 | 19,644 | 22,435 | 23,839 | |
| 0 | 104 | 94 | 1,078 | 771 | 1,210 | 1,491 | 1,800 | 1,903 | 3,236 | |
| Trade Payables | 337 | 379 | 467 | 695 | 828 | 1,325 | 1,294 | 1,494 | 1,550 | 2,061 |
| 960 | 888 | 1,127 | 1,493 | 1,828 | 3,904 | 4,215 | 4,361 | 4,477 | 6,997 | |
| Total Liabilities | 4,291 | 5,158 | 6,515 | 8,603 | 10,654 | 20,544 | 23,115 | 27,338 | 30,408 | 36,244 |
| 542 | 681 | 930 | 1,920 | 1,906 | 3,473 | 3,679 | 4,981 | 5,285 | 5,626 | |
| Capital Work in Progress | 1 | 1 | 3 | 38 | 40 | 459 | 813 | 467 | 582 | 917 |
| 941 | 1,264 | 1,740 | 2,219 | 3,730 | 6,048 | 5,458 | 8,744 | 9,845 | 12,568 | |
| 0 | 0 | 0 | 0 | 0 | 4 | 3 | 3 | 3 | 3 | |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 5,706 | 5,868 | 7,425 | |
| Cash & Bank | 380 | 363 | 415 | 525 | 759 | 1,837 | 2,932 | 2,816 | 3,588 | 2,812 |
| 2,428 | 2,848 | 3,426 | 3,901 | 4,219 | 8,722 | 10,230 | 4,622 | 5,238 | 6,893 | |
| Total Assets | 4,291 | 5,158 | 6,515 | 8,603 | 10,654 | 20,544 | 23,115 | 27,338 | 30,408 | 36,244 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 1,416 | 1,202 | 1,870 | 2,055 | 3,040 | 4,598 | 4,616 | 5,670 | 4,546 | 4,799 | |
| Cash from Investing | -952 | -461 | -744 | -652 | -1,656 | -1,645 | -331 | -3,912 | -1,738 | -1,768 |
| Cash from Financing | -33 | -408 | -594 | -890 | -509 | -1,680 | -1,932 | -2,269 | -2,574 | -2,926 |
| 185 | -24 | 57 | 102 | 235 | -75 | 832 | -511 | 233 | 104 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
Documents
Corporate disclosures, annual reports, credit ratings, and concall transcripts
2026-09-09 - LTM Limited has informed the Exchange regarding a press release dated September 09, 2026, titled "LTM Collaborates with IBM and Red Hat on Lightwell to Advance AI-Driven Open-Source Software Remediation".
2026-09-04 - LTM Limited has informed the Exchange about Schedule of meet
2026-09-04 - LTM Limited has informed the Exchange about Receipt of No-objection letters from the Stock Exchanges for Reclassification of Nabha Power Limited from the Promoter Group to Public Category
2026-08-27 - LTM Limited has informed the Exchange regarding a press release dated August 27, 2026, titled "LTM Inaugurates its New Global Delivery & AI Competency Center in Kolkata Reinforces L&T Group s Long-Term Commitment to West Bengal".
2026-08-24 - LTM Limited has informed the Exchange about Schedule of meet
2026-08-22 - LTM Limited has informed the Exchange about update on acquisition informed earlier vide letter dated May 22, 2026
2026-08-20 - LTM Limited has informed the Exchange about notice published in Newspaper for attention of equity shareholders of the company in respect of transfer of equity shares to IEPF Authority.
2026-08-14 - LTM Limited has informed the Exchange regarding 'Submission of Sustainability report for FY 2025-26'.
2026-08-12 - LTM Limited has informed the Exchange about Schedule of Analyst/Institutional Investor Meeting
News
Recent coverage and analyst commentary for LTM
Loading news…
AI Stock Analyst
LTM Ltd.
Sign in to Chat with AI
Log in with your 5nance account to ask institutional questions about performance, financials, and outlook.
✨ Sign In to ChatFree 5nance Account

