LTM Ltd.
LTMInformation Technology filings
We hold this company’s filings and have not read the financial statements out of them yet. Every filing on record is listed under filings, and each one opens.
Earnings calls
31 transcript(s)/analyst meet(s) served; 0 document(s) on file are not transcripts (cover letters, duplicates, unresolved) and are excluded. Speaker attribution is shown only where the segmenter attributes ≥ 95% of sentences to management or analysts (0 of 31 documents here); elsewhere sentences render unattributed.
| Kind | Date | Period | Served | Attribution rate |
|---|---|---|---|---|
| TRANSCRIPT | 20190128 | 2018-12-31 | yes | |
| TRANSCRIPT | 20190508 | 2019-03-31 | yes | |
| TRANSCRIPT | 20190730 | 2019-06-30 | yes | |
| TRANSCRIPT | 20191023 | 2019-09-30 | yes | |
| TRANSCRIPT | 20200123 | 2019-12-31 | yes | |
| TRANSCRIPT | 20200527 | 2020-03-31 | yes | |
| TRANSCRIPT | 20200721 | 2020-06-30 | yes | |
| TRANSCRIPT | 20201027 | 2020-09-30 | yes | |
| TRANSCRIPT | 20210128 | 2020-12-31 | yes | |
| TRANSCRIPT | 20210512 | 2021-03-31 | yes | |
| TRANSCRIPT | 20210721 | 2021-06-30 | yes | |
| TRANSCRIPT | 20211022 | 2021-09-30 | yes | |
| TRANSCRIPT | 20220127 | 2021-12-31 | yes | |
| TRANSCRIPT | 20220425 | 2022-03-31 | yes | |
| TRANSCRIPT | 20220721 | 2022-06-30 | yes | |
| TRANSCRIPT | 20221021 | 2022-09-30 | yes | |
| TRANSCRIPT | 20230125 | 2022-12-31 | yes | |
| TRANSCRIPT | 20230502 | 2023-03-31 | yes | |
| TRANSCRIPT | 20230720 | 2023-06-30 | yes | |
| TRANSCRIPT | 20231020 | 2023-09-30 | yes | |
| TRANSCRIPT | 20240119 | 2023-12-31 | yes | |
| TRANSCRIPT | 20240426 | 2024-03-31 | yes | |
| TRANSCRIPT | 20240722 | 2024-06-30 | yes | |
| TRANSCRIPT | 20241022 | 2024-09-30 | yes | |
| TRANSCRIPT | 20250120 | 2024-12-31 | yes | |
| TRANSCRIPT | 20250428 | 2025-03-31 | yes | |
| TRANSCRIPT | 20250722 | 2025-06-30 | yes | |
| TRANSCRIPT | 20251023 | 2025-09-30 | yes | |
| TRANSCRIPT | 20260123 | 2025-12-31 | yes | |
| TRANSCRIPT | 20260429 | 2026-03-31 | yes | |
| TRANSCRIPT | 20260716 | 2026-06-30 | yes |
LTM
files the standard Schedule III statements. Every figure below opens to the filing it was read from; where a figure is not shown, the reason is printed in its place.
Identity
| Statement division | general |
| Scope served | consolidated |
| Panels on this page | 4 |
Market
No split, bonus or consolidation is on record for this company inside the period this price series covers, so the closes need no adjustment.
| Last close | 4,038.00 |
| 52-week range | 3538.0 – 6407.0 |
| Return 1M | -10.82% |
| Return 3M | 7.32% |
| Return 1Y | -22.45% |
| Return 3Y | -24.9% |
| Return 5Y | -35.2% |
| Market capitalisation | not shown — we could not confirm it |
| Shares outstanding | not shown — we could not confirm it |
| P/E | not shown — we could not confirm it |
| P/B | not shown — we could not confirm it |
| EV/EBITDA | not shown — we could not confirm it |
Latest quarter filed — period ending 2026-06-30
In INR crore except per-share figures. `period_id` is the period the filing names for the number; the date beside each cell is when it was filed.
| Revenue from operations | 11,608.00 |
| Other income | 255.00 |
| Total income | 11,863.00 |
| Cost of materials consumed | 0.00 |
| Purchases of stock-in-trade | 0.00 |
| Changes in inventories | 0.00 |
| Employee benefit expense | 6,962.00 |
| Finance costs | 76.00 |
Ownership — 2026-06-30, and the change from 2026-03-31
| Holder | Per cent | Change |
|---|---|---|
| promoter and promoter group | 0.68 | -0.00 |
| institutions foreign | 0.06 | -0.00 |
| institutions domestic | 0.17 | -0.00 |
| mutual funds | 0.04 | -0.00 |
| public | 0.31 | -0.00 |
Documents on file
| Class | Most recent | On file |
|---|---|---|
| TRANSCRIPT | 2026-06-30 | 31 |
Financial statements
Filed results, consolidated, in INR crore except per-share figures. Every figure opens to the filing it was read from. Quarterly and annual columns are the periods the filing itself names, never a document date.
Quarterly results, as filed
| Line | 2022-09-30 | 2022-12-31 | 2023-03-31 | 2023-06-30 | 2023-09-30 | 2023-12-31 | 2024-03-31 | 2024-06-30 | 2024-09-30 | 2024-12-31 | 2025-03-31 | 2025-06-30 | 2025-09-30 | 2025-12-31 | 2026-03-31 | 2026-06-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 4,837.00 | 8,620.00 | 8,691.00 | 8,702.00 | 8,905.00 | 9,017.00 | 8,893.00 | 9,143.00 | 9,433.00 | 9,661.00 | 9,772.00 | 9,841.00 | 10,394.00 | 10,781.00 | 11,292.00 | 11,608.00 |
| Other income | 139.00 | 152.00 | 66.00 | 132.00 | 143.00 | 220.00 | 208.00 | 227.00 | 299.00 | 212.00 | 251.00 | 392.00 | 300.00 | 227.00 | 175.00 | 255.00 |
| Total income | 4,976.00 | 8,772.00 | 8,757.00 | 8,834.00 | 9,049.00 | 9,236.00 | 9,100.00 | 9,370.00 | 9,732.00 | 9,873.00 | 10,023.00 | 10,233.00 | 10,695.00 | 11,008.00 | 11,466.00 | 11,863.00 |
| Cost of materials consumed | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Purchases of stock-in-trade | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Changes in inventories | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Employee benefit expense | 3,085.00 | 5,472.00 | 5,581.00 | 5,599.00 | 5,681.00 | 5,633.00 | 5,820.00 | 5,887.00 | 6,014.00 | 6,255.00 | 6,467.00 | 6,380.00 | 6,468.00 | 6,549.00 | 6,890.00 | 6,962.00 |
| Finance costs | 19.00 | 38.00 | 44.00 | 46.00 | 47.00 | 61.00 | 68.00 | 72.00 | 70.00 | 69.00 | 67.00 | 72.00 | 69.00 | 69.00 | 65.00 | 76.00 |
| Depreciation and amortisation | 131.00 | 178.00 | 182.00 | 185.00 | 208.00 | 199.00 | 227.00 | 235.00 | 241.00 | 264.00 | 251.00 | 243.00 | 282.00 | 266.00 | 264.00 | 261.00 |
| Other expenses | 840.00 | 1,773.00 | 1,507.00 | 1,468.00 | 1,593.00 | 1,799.00 | 1,537.00 | 1,649.00 | 1,720.00 | 1,813.00 | 1,709.00 | 1,811.00 | 1,997.00 | 2,229.00 | 2,429.00 | 2,586.00 |
| Total expenses | 4,075.00 | 7,461.00 | 7,313.00 | 7,297.00 | 7,529.00 | 7,691.00 | 7,652.00 | 7,844.00 | 8,045.00 | 8,401.00 | 8,494.00 | 8,506.00 | 8,816.00 | 9,113.00 | 9,648.00 | 9,885.00 |
| Profit before exceptional items and tax | 901.00 | 1,311.00 | 1,444.00 | 1,536.00 | 1,519.00 | 1,545.00 | 1,448.00 | 1,526.00 | 1,687.00 | 1,472.00 | 1,529.00 | 1,726.00 | 1,879.00 | 1,895.00 | 1,819.00 | 1,978.00 |
| Exceptional items | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -590.00 | 62.00 | 0.00 |
| Profit before tax | 901.00 | 1,311.00 | 1,444.00 | 1,536.00 | 1,519.00 | 1,545.00 | 1,448.00 | 1,526.00 | 1,687.00 | 1,472.00 | 1,529.00 | 1,726.00 | 1,879.00 | 1,305.00 | 1,881.00 | 1,978.00 |
| Current tax | 224.00 | 326.00 | 346.00 | 387.00 | 376.00 | 386.00 | 311.00 | 396.00 | 440.00 | 370.00 | 373.00 | 460.00 | 515.00 | 366.00 | 511.00 | 464.00 |
| Deferred tax | -3.00 | -16.00 | -15.00 | -3.00 | -19.00 | -11.00 | 37.00 | -5.00 | -5.00 | 16.00 | 28.00 | 11.00 | -17.00 | -20.00 | -18.00 | 45.00 |
| Tax expense | 222.00 | 310.00 | 330.00 | 384.00 | 357.00 | 375.00 | 348.00 | 390.00 | 435.00 | 386.00 | 401.00 | 472.00 | 498.00 | 345.00 | 494.00 | 510.00 |
| Profit for the period | 680.00 | 1,001.00 | 1,114.00 | 1,152.00 | 1,162.00 | 1,169.00 | 1,101.00 | 1,135.00 | 1,252.00 | 1,087.00 | 1,129.00 | 1,255.00 | 1,381.00 | 960.00 | 1,387.00 | 1,469.00 |
| Profit attributable to owners | 679.00 | 1,000.00 | 1,114.00 | 1,152.00 | 1,162.00 | 1,169.00 | 1,100.00 | 1,134.00 | 1,251.00 | 1,085.00 | 1,128.00 | 1,254.00 | 1,401.00 | 971.00 | 1,392.00 | 1,466.00 |
| Profit attributable to non-controlling interests | 0.00 | 0.00 | 0.00 | 1.00 | 0.00 | 0.00 | 1.00 | 1.00 | 1.00 | 1.00 | 0.00 | 0.00 | -20.00 | -11.00 | -5.00 | 2.00 |
| Other comprehensive income | -279.00 | -70.00 | 194.00 | 397.00 | -142.00 | 76.00 | 160.00 | 122.00 | -157.00 | -304.00 | 285.00 | 52.00 | -690.00 | -42.00 | -1,051.00 | 605.00 |
| Total comprehensive income | 401.00 | 930.00 | 1,308.00 | 1,550.00 | 1,021.00 | 1,245.00 | 1,261.00 | 1,257.00 | 1,094.00 | 782.00 | 1,414.00 | 1,306.00 | 692.00 | 918.00 | 336.00 | 2,074.00 |
| Earnings per share, basic | 38.75 | 33.83 | 37.65 | 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 |
| Earnings per share, diluted | 38.70 | 33.78 | 37.57 | 38.85 | 39.17 | 39.40 | 37.06 | 38.23 | 42.17 | 36.59 | 38.04 | 42.28 | 47.23 | 32.71 | 46.93 | 49.42 |
Annual results, as filed
| Line | 2019-03-31 | 2020-03-31 | 2021-03-31 | 2022-03-31 | 2023-03-31 | 2024-03-31 | 2025-03-31 | 2026-03-31 |
|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 9,446.00 | 10,879.00 | 12,370.00 | 15,669.00 | 33,183.00 | 35,517.00 | 38,008.00 | 42,308.00 |
| Other income | 302.00 | 329.00 | 274.00 | 467.00 | 557.00 | 702.00 | 990.00 | 1,094.00 |
| Total income | 9,748.00 | 11,208.00 | 12,644.00 | 16,135.00 | 33,740.00 | 36,219.00 | 38,998.00 | 43,402.00 |
| Cost of materials consumed | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Purchases of stock-in-trade | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Changes in inventories | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Employee benefit expense | 5,467.00 | 6,517.00 | 7,429.00 | 9,701.00 | 20,880.00 | 22,732.00 | 24,623.00 | 26,287.00 |
| Finance costs | 11.00 | 83.00 | 79.00 | 73.00 | 150.00 | 222.00 | 279.00 | 276.00 |
| Depreciation and amortisation | 147.00 | 273.00 | 332.00 | 355.00 | 723.00 | 819.00 | 992.00 | 1,054.00 |
| Other expenses | 2,096.00 | 2,333.00 | 2,216.00 | 2,910.00 | 6,195.00 | 6,397.00 | 6,891.00 | 8,466.00 |
| Total expenses | 7,720.00 | 9,205.00 | 10,056.00 | 13,038.00 | 27,948.00 | 30,170.00 | 32,784.00 | 36,083.00 |
| Profit before exceptional items and tax | 2,028.00 | 2,003.00 | 2,588.00 | 3,097.00 | 5,792.00 | 6,049.00 | 6,214.00 | 7,319.00 |
| Exceptional items | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -528.00 |
| Profit before tax | 2,028.00 | 2,003.00 | 2,588.00 | 3,097.00 | 5,792.00 | 6,049.00 | 6,214.00 | 6,791.00 |
| Current tax | 488.00 | 391.00 | 631.00 | 818.00 | 1,439.00 | 1,460.00 | 1,578.00 | 1,852.00 |
| Deferred tax | 25.00 | 91.00 | 19.00 | -19.00 | -58.00 | 4.00 | 34.00 | -44.00 |
| Tax expense | 512.00 | 482.00 | 650.00 | 799.00 | 1,381.00 | 1,464.00 | 1,612.00 | 1,808.00 |
| Profit for the period | 1,516.00 | 1,520.00 | 1,938.00 | 2,298.00 | 4,410.00 | 4,585.00 | 4,602.00 | 4,983.00 |
| Profit attributable to owners | 1,516.00 | 1,520.00 | 1,936.00 | 2,297.00 | 4,408.00 | 4,582.00 | 4,599.00 | 5,018.00 |
| Profit attributable to non-controlling interests | -0.00 | 0.00 | 2.00 | 2.00 | 2.00 | 2.00 | 3.00 | -35.00 |
| Other comprehensive income | 38.00 | -410.00 | 479.00 | 79.00 | -655.00 | 492.00 | -55.00 | -1,731.00 |
| Total comprehensive income | 1,553.00 | 1,111.00 | 2,417.00 | 2,377.00 | 3,755.00 | 5,076.00 | 4,547.00 | 3,252.00 |
| Earnings per share, basic | 87.67 | 87.45 | 110.98 | 131.19 | 149.07 | 154.85 | 155.29 | 169.33 |
| Earnings per share, diluted | 86.43 | 86.61 | 110.26 | 130.81 | 148.83 | 154.48 | 155.00 | 169.13 |
Balance sheet, as filed
| Line | 2022-09-30 | 2023-03-31 | 2023-09-30 | 2024-03-31 | 2024-09-30 | 2025-03-31 | 2025-09-30 | 2026-03-31 |
|---|---|---|---|---|---|---|---|---|
| Total assets | 12,853.00 | 23,496.00 | 25,078.00 | 27,563.00 | 28,761.00 | 30,630.00 | 32,524.00 | 37,196.00 |
| Non-current assets | 4,085.00 | 6,310.00 | 6,997.00 | 8,717.00 | 9,333.00 | 9,692.00 | 9,605.00 | 9,499.00 |
| Current assets | 8,768.00 | 17,186.00 | 18,081.00 | 18,846.00 | 19,428.00 | 20,938.00 | 22,919.00 | 27,697.00 |
| Property, plant and equipment | 1,087.00 | 2,224.00 | 1,720.00 | 1,656.00 | 1,802.00 | 3,963.00 | 4,295.00 | 4,170.00 |
| Capital work-in-progress | 652.00 | 813.00 | 131.00 | 467.00 | 498.00 | 582.00 | 619.00 | 917.00 |
| Goodwill | 668.00 | 1,189.00 | 1,184.00 | 1,193.00 | 1,213.00 | 1,204.00 | 1,265.00 | 1,292.00 |
| Other intangible assets | 248.00 | 266.00 | 264.00 | 231.00 | 185.00 | 118.00 | 62.00 | 163.00 |
| Inventories | 0.00 | 3.00 | 4.00 | 3.00 | 3.00 | 3.00 | 3.00 | 3.00 |
| Trade receivables | 4,154.00 | 7,224.00 | 6,635.00 | 5,706.00 | 6,091.00 | 5,868.00 | 6,510.00 | 7,425.00 |
| Cash and cash equivalents | 506.00 | 2,339.00 | 1,465.00 | 1,820.00 | 1,639.00 | 2,062.00 | 1,920.00 | 2,331.00 |
| Total equity and liabilities | 12,853.00 | 23,496.00 | 25,078.00 | 27,563.00 | 28,761.00 | 30,630.00 | 32,524.00 | 37,196.00 |
| Equity | 9,199.00 | 16,599.00 | 18,073.00 | 20,026.00 | 21,087.00 | 22,712.00 | 23,442.00 | 24,108.00 |
| Equity share capital | 18.00 | 30.00 | 30.00 | 30.00 | 30.00 | 30.00 | 30.00 | 30.00 |
| Other equity | 9,175.00 | 16,562.00 | 18,035.00 | 19,988.00 | 21,045.00 | 22,669.00 | 23,374.00 | 23,995.00 |
| Total liabilities | 3,654.00 | 6,897.00 | 7,005.00 | 7,537.00 | 7,674.00 | 7,918.00 | 9,082.00 | 13,088.00 |
| Non-current liabilities | 820.00 | 1,414.00 | 1,454.00 | 1,793.00 | 2,071.00 | 1,953.00 | 2,499.00 | 3,305.00 |
| Current liabilities | 2,835.00 | 5,483.00 | 5,551.00 | 5,743.00 | 5,603.00 | 5,966.00 | 6,583.00 | 9,784.00 |
| Borrowings, non-current | 0.00 | 0.00 | 1,363.00 | 1,727.00 | 1,978.00 | 0.00 | 0.00 | 0.00 |
| Borrowings, current | 77.00 | 125.00 | 379.00 | 343.00 | 348.00 | 2.00 | 0.00 | 0.00 |
| Trade payables | 800.00 | 1,294.00 | 1,628.00 | 1,494.00 | 1,472.00 | 1,550.00 | 1,433.00 | 2,061.00 |
Cash flow, as filed
| Line | 2022-09-30 | 2023-03-31 | 2023-09-30 | 2024-03-31 | 2024-09-30 | 2025-03-31 | 2025-09-30 | 2026-03-31 |
|---|---|---|---|---|---|---|---|---|
| Net cash from operating activities | 586.00 | 3,096.00 | 2,105.00 | 5,670.00 | 2,176.00 | 4,546.00 | 2,216.00 | 4,799.00 |
| Net cash from investing activities | 184.00 | -331.00 | -1,594.00 | -3,912.00 | -705.00 | -1,738.00 | -706.00 | -1,768.00 |
| Net cash from financing activities | -661.00 | -1,932.00 | -1,376.00 | -2,269.00 | -1,666.00 | -2,574.00 | -1,758.00 | -2,926.00 |
| Purchase of property, plant and equipment | 398.00 | 939.00 | 399.00 | 843.00 | 491.00 | 950.00 | 459.00 | 931.00 |
| Net increase in cash | 111.00 | 893.00 | -874.00 | -518.00 | -181.00 | 242.00 | -142.00 | 269.00 |
| con:CFO.BEFORE_TAX | 1,041.00 | 4,618.00 | 2,868.00 | 7,240.00 | 2,956.00 | 6,183.00 | 3,064.00 | 6,656.00 |
| con:INTEREST_RECEIVED.OPERATING | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:INTEREST_PAID.OPERATING | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:DIVIDENDS_RECEIVED.OPERATING | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:TAX_PAID.OPERATING | 455.00 | 1,522.00 | 763.00 | 1,571.00 | 780.00 | 1,637.00 | 848.00 | 1,858.00 |
| con:CF_OTHER.OPERATING | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:INVESTMENTS_PURCHASED | 11.00 | 0.00 | 14,263.00 | 31,997.00 | 13,438.00 | 28,095.00 | 18,566.00 | 41,493.00 |
| con:INVESTMENTS_SOLD | 0.00 | 0.00 | 12,959.00 | 28,666.00 | 13,082.00 | 26,940.00 | 18,041.00 | 40,050.00 |
| con:PPE_DISPOSALS | 0.00 | 5.00 | 3.00 | 10.00 | 2.00 | 16.00 | 4.00 | 21.00 |
| con:CF_INVESTING.SUBSIDIARIES_SOLD | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:CF_INVESTING.SUBSIDIARIES_ACQUIRED | 0.00 | 149.00 | 0.00 | 0.00 | 0.00 | 0.00 | -87.00 | 0.00 |
| con:CF_INVESTING.JV_SOLD | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:CF_INVESTING.JV_ACQUIRED | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1.00 | 44.00 | 44.00 |
Who owns it
The shareholding pattern filed with the exchange every quarter, as a series. Percentages are of total shares. Each figure names the filing it was read from and the date it was filed.
| Holder | 2023-03-31 | 2023-06-30 | 2023-09-30 | 2023-12-31 | 2024-03-31 | 2024-06-30 | 2024-09-30 | 2024-12-31 | 2025-03-31 | 2025-06-30 | 2025-09-30 | 2025-12-31 | 2026-03-31 | 2026-06-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoter and promoter group | 68.68 | 68.66 | 68.66 | 68.64 | 68.60 | 68.60 | 68.60 | 68.57 | 68.57 | 68.56 | 0.69 | 0.69 | 0.69 | 0.68 |
| Domestic institutions | 11.67 | 12.41 | 12.96 | 12.93 | 13.58 | 14.22 | 14.89 | 14.98 | 15.61 | 16.20 | 0.17 | 0.17 | 0.17 | 0.17 |
| Mutual funds | — | — | — | — | — | — | — | — | — | 5.38 | 0.05 | 0.05 | 0.04 | 0.04 |
| Insurance companies | 4.15 | 4.65 | 4.91 | 5.11 | 6.41 | 7.92 | 8.64 | 8.70 | 9.39 | 9.69 | 0.10 | 0.11 | 0.11 | 0.11 |
| Foreign institutions | 8.41 | 8.21 | 8.11 | 8.65 | 7.86 | 7.28 | 7.39 | 7.45 | 6.99 | 6.62 | 0.06 | 0.07 | 0.07 | 0.06 |
| Government | — | — | — | — | — | — | — | — | — | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Public | 31.32 | 31.33 | 31.34 | 31.35 | 31.40 | 31.37 | 31.38 | 31.40 | 31.42 | 31.44 | 0.31 | 0.31 | 0.31 | 0.31 |
| Non-institutional | 11.23 | 10.71 | 10.27 | 9.78 | 9.95 | 9.85 | 9.10 | 8.97 | 8.82 | 8.61 | 0.08 | 0.08 | 0.08 | 0.08 |
| Shares outstanding | 295822779 | 295887912 | 295913763 | 295973298 | 296163369 | 296163369 | 296183914 | 296285542 | 296285542 | 296349514 | 296416766 | 296489245 | 296493321 | 296621321 |
Related parties
Transactions with related parties as disclosed to the exchange for the period ending 2024-09-30, by counterparty, largest first. Amounts are as filed. Each row names the filing and the date it was filed.
| Counterparty | Relationship | Type | Amount in the period | Transactions |
|---|---|---|---|---|
| LTIMindtree Canada Limited | Wholly-owned Subsidiary | Any other transaction, Interest paid, Purchase of go | 4,500,420,000.00 | 7 |
| LTIMindtree UK Limited | Wholly-owned Subsidiary | Any other transaction, Purchase of goods or services | 4,080,040,000.00 | 12 |
| Larsen & Toubro Limited | Holding Company | Any other transaction, Purchase of fixed assets, Pur | 2,376,250,000.00 | 20 |
| LTIMindtree GMBH | Wholly-owned Subsidiary | Any other transaction, Purchase of goods or services | 1,805,000,000.00 | 4 |
| The Larsen & Toubro Officers & Supervisory Staff Pro | Post Employment Benefit Plan | Any other transaction | 1,672,880,000.00 | 2 |
| L&T Technology Services Limited | Fellow Subsidiary | Any other transaction, Purchase of goods or services | 1,131,220,000.00 | 15 |
| LTIMindtree Middle East FZ-LLC | Wholly-owned Subsidiary | Any other transaction, Interest received, Purchase o | 990,600,000.00 | 13 |
| Syncordis Limited, UK | Wholly-owned Subsidiary | Any other transaction, Interest received, Sale of go | 871,410,000.00 | 6 |
| LTIMindtree SA | Wholly-owned Subsidiary | Any other transaction, Interest received, Purchase o | 853,050,000.00 | 20 |
| Nielsen+Partner Pte. Ltd. | Wholly-owned Subsidiary | Any other transaction, Interest paid, Interest recei | 782,720,000.00 | 23 |
| L&T Avenue Realty LLP | Fellow Subsidiary | Any other transaction, Purchase of fixed assets | 631,000,000.00 | 3 |
| LTIMindtree Financial Services Technologies Inc | Wholly-owned Subsidiary | Any other transaction, Sale of goods or services | 559,810,000.00 | 7 |
| LTIMindtree S.De. RL.De. C.V | Wholly-owned Subsidiary | Any other transaction, Purchase of goods or services | 541,000,000.00 | 3 |
| LTIMindtree Foundation | Entity with common key managerial | Any other transaction | 433,790,000.00 | 2 |
| L&T Realty Developers Limited | Fellow Subsidiary | Any other transaction, Purchase of fixed assets | 422,000,000.00 | 7 |
What management said
Every earnings call we hold for this company, read in full. Prepared remarks are separated from the question-and-answer session and every paragraph names who said it and on which page. These are management’s own words, not filed figures.
| Date | Quarter | Who spoke | |
|---|---|---|---|
| 2026-07-16 | Q1FY27 | Read the call | |
| 2026-04-29 | Q4FY26 | Read the call | |
| 2026-01-23 | Q3FY26 | Read the call | |
| 2025-10-23 | Q2FY26 | Read the call | |
| 2025-07-22 | Q1FY26 | Read the call | |
| 2025-04-28 | Q4FY25 | Read the call | |
| 2025-01-20 | Q3FY25 | Read the call | |
| 2024-10-22 | Q2FY25 | Read the call | |
| 2024-07-22 | Q1FY25 | Read the call | |
| 2024-04-26 | Q4FY24 | Read the call | |
| 2024-01-19 | Q3FY24 | Director | Read the call |
| 2023-10-20 | Q2FY24 | Director | Read the call |
| 2023-07-20 | Q1FY24 | Director | Read the call |
| 2023-05-02 | Q4FY23 | Director | Read the call |
| 2023-01-25 | Q3FY23 | Mr. Nitin Mohta, Mr. Sudhir Chaturvedi, Mr. Vinit Teredesai | Read the call |
| 2022-10-21 | Q2FY23 | Read the call | |
| 2022-07-21 | Q1FY23 | Read the call | |
| 2022-04-25 | Q4FY22 | AND MANAGING DIRECTOR | Read the call |
| 2022-01-27 | Q3FY22 | OFFICER | Read the call |
| 2021-10-22 | Q2FY22 | MANAGING DIRECTOR | Read the call |
| 2021-07-21 | Q1FY22 | MANAGING DIRECTOR | Read the call |
| 2021-05-12 | Q4FY21 | MANAGING DIRECTOR | Read the call |
| 2021-01-28 | Q3FY21 | MANAGING DIRECTOR | Read the call |
| 2020-10-27 | Q2FY21 | MANAGING DIRECTOR | Read the call |
| 2020-07-21 | Q1FY21 | MANAGING DIRECTOR, OFFICER | Read the call |
| 2020-05-27 | Q4FY20 | MANAGING DIRECTOR, OFFICER | Read the call |
| 2020-01-23 | Q3FY20 | MANAGING DIRECTOR | Read the call |
| 2019-10-23 | Q2FY20 | Let's Solve, MANAGING DIRECTOR | Read the call |
| 2019-07-30 | Q1FY20 | Read the call | |
| 2019-05-08 | Q4FY19 | MANAGING DIRECTOR | Read the call |
| 2019-01-28 | Q3FY19 | Let's Solve | Read the call |
What they said about it, quarter by quarter
| Topic | Q4FY19 | Q4FY20 | Q4FY21 | Q4FY22 | Q4FY23 | Q4FY24 | Q4FY25 | Q4FY26 |
|---|---|---|---|---|---|---|---|---|
| Capex | — | To protect our P&L and conserve cash, we acted swiftly to review, identify and defer non-critical Capex, initiate rent re-negotiations and drive effic… | — | Also, in terms of CAPEX, we invested in our own building, which is coming up in Mahape and which is likely to go live this year, and bulk of the inves… | — | Like our CapEx is still high, while for the whole year employee addition is not there. | — | — |
| Capital allocation | LTI Q4FY19 Earnings Call May 03, 2019 The Board of Directors, at their meeting held yesterday, have recommended a final dividend of Rs. | Diluted EPS stood at INR 86.6 per share compared to 86.4 per share in FY19. The Board of Directors, at their meeting held yesterday have recommended a… | The Board of Directors at the meeting held yesterday have recommended a final dividend of INR 25 per equity share. | Moving to PAT, to remind you in Q4 FY’21, Other Income included a write back of certain earn outs payable towards an earlier acquisition amounting to … | The Board of Directors has recommended a final dividend of INR 40 per share, @ LT/Mindtree LTIM Q4FY23 Earnings Call April 27, 2023 subject to shareho… | — | — | So that is another category where if there is any acquisition that comes our way which allows us to strengthen the sovereign solutions that most of th… |
| Costs | — | — | — | — | — | — | So there are opportunities where we can help customers in cost-saving opportunities. | — |
| Debt and cash | Now talking about our FOREX hedge book, our cash flow hedge book as at 31 March 2019, stood at USD1.192 billion versus USD1.042 billion as at 31 Decem… | In Q4, the billed DSO stood at 77 days compared to 78 days last quarter and the DSO including unbilled revenue at 106 days, showed improvement of 4 da… | Moving to forex and hedge book, our cash flow hedge stood at $1,354 million as of 31st March 2021 versus $1,296 million as at 31st December'20; while … | Our cash flow hedge book remains at US$1,715 million as at 31st March 2022. | For the quarter, the operating cash flow to PAT substantially increased to 88.5% versus 65.8% in the previous quarter. | So the number you report in the cash flow statement, that is net only, right? | — | As of 31st March 2026, our cash flow hedges stood at USD 3.86 billion and hedges on the balance sheet were USD 421 million. |
| Demand | And overall you see strong demand for this service line and anything in digital overall, that continues? | Our large deal teams and war rooms continue to be busy though there are some delays and deferrals in our pipeline. | In terms of pipeline, if I look ahead, we will see that we are going to be in a similar revenue mix per geo as we have had over the previous years. | One, on the demand environment, while I understand that there are a lot of things which are moving in different directions, but if I have to continue … | Our BFSI deal pipeline is promising with several large deals in the final stages. | We will return to growth in Q1. The positive outcomes of our positioning as an organization with scale, expanded capabilities, and stronger partnershi… | This significant shift in demand necessitates the development of an innovative playbook, prompting us to revamp our large deal organization. | In parallel, we secured some of the largest deals in our history, expanded order intake consistently, and entered FY2027 with a robust pipeline. |
| Guidance | At EBIT level we expect maybe about 0.4% improvement. | As a policy, LTI does not provide specific revenue or earnings guidance and anything said on this call which reflects our outlook for the future or wh… | Sir, despite the salary hike, what I notice is your margin outlook for FY22 is quite similar to what you have been guiding, about 14% to 15% range. | We expect to continue in the same range. | And also outlook for the High-Tech entering into FY '24 with some of your large clients are announcing layoffs at a regular interval, so will it be a … | Given the fact that we did not see the revenue line coming the way we expected. | In conclusion, we are confident about navigating the macro challenges as we move into executing our growth plan for FY’26, and we expect our Fit4Futur… | So from Q1, can we expect the entire top five bucket to start contributing towards growth? |
| Margin | This translates into operating margin of 17.7% versus 19.1% in Q3. Investment in sales, drop in utilization and appreciation of rupee were primarily r… | For us to achieve our longer-term margin goals, we have set up win rooms to achieve enterprise wide efficiencies as well as re-calibrate our cost stru… | Now, coming to profitability, EBIT for the quarter was INR 6,329 million, translating into an operating margin of 19.4% as compared to 20.6% in the pr… | Now, coming to profitability: EBIT for the quarter was INR 7,445 million translating into an operating margin of 17.3% as compared with 17.9% in the p… | EBIT margin was 16.2% compared to 17.8% in FY '22. | In terms of margins, we had called out last quarter itself that we had to pause on the margin expansion plan. | The program will target productivity improvements in all areas, like sales, delivery, and business enabling units, maintaining an optimal and efficien… | EBIT margin for FY2026 was 15.4% compared to 14.5% in FY2025. Reported PAT margin was at 11.8% compared to 12.1% in FY2025, while the absolute reporte… |
| People | Moving on to the employee metrics, in our last earnings call we had highlighted to you that given our current scale and growth rate, there was a need … | Moving onto the people front, utilization without trainees was at 80.6% as compared to 81.3% last quarter, utilization including trainees was 79.3% ve… | Considering the investments outlined by us on our analyst day, margins will be around the narrow band of 14% for FY22. Moving to the people front, uti… | LTI Q4FY22 Earnings Call April 19, 2022 Moving on to the employee front, utilization without trainees was at 81.5% as compared to 81.4% last quarter a… | Some clients have temporary hiring freezes in place. | One is that the employee costs have gone up on an absolute basis despite headcount having come down. | The second question is on the headcount number, this quarter we had a very sharp headcount reduction. | At the end of FY2026, the total headcount stood at 87,950, reflecting a net addition of 3,643 employees year-over-year. |
| Pricing | Secondly, do we see the cumulative impact of this value-add led pricing gain or supply side challenges or delivery mix model would have no material im… | Your onsite yields during the quarter seem to have inched up, so how do you see overall pricing situation at this juncture? | And that is what I was looking to understand if customers are much more open to higher pricing given the constraints around travel. | Pricing is also there and we are increasing pricing in pockets and we will continue to do that. | So, the first one was related to pricing for the quarter, specifically, Q4. Now, headcount is slightly down, utilization lower, revenues up, so how sh… | — | Is it the pyramid getting really bad or is it the new pricing itself getting adjusted? | — |
| Revenue growth | The corresponding constant currency growth was 1.9% Q-o-Q and 17.5% Y-o-Y. | This helped us conclude the year with yet another year of industry-leading growth of 13% year-on-year in US Dollar terms and 14.2% year-on- year in co… | The corresponding constant currency growth was at 4.4% quarter-on-quarter and 7.1% year-on-year. | The corresponding constant currency growth was 3.6% quarter- on-quarter and 29% year-on-year. | We reported a strong FY '23 with Y-o-Y revenue growth of 19.9% in constant currency and 17.2% in dollar terms. | And if you could also comment on - given the divergence of deal wins and the revenue growth due to the changing nature of the deals that we are winnin… | But going forward as the AI-led productivity starts to play out, Abhishek, we would expect that the headcount growth may not be linear with the revenu… | LTM Limited, April 23, 2026 To begin with, let me share the financial performance for the year, followed by Q4. We closed FY2026 with a revenue of USD… |
What they said they would do
Sentences in which management set an expectation. Each names the speaker and the page of the transcript it came from.
| Date | Quarter | Who | What they said |
|---|---|---|---|
| 2019-10-23 | Q2FY20 | Let's Solve | Excluding this one-time impact, underlying growth in this vertical remains strong and we expect it to bounce back in Q3. Others vertical which includes Defense, Professional Services and Travel & Logistics was down 23% quarter-on-quarter after a strong Q1. Before I hand over to Ashok, as regards to FY2020 outlook, let me summarize on how we see rest of the year panning out. |