More about LTIMindtree Limited
Fundamentals for LTIMindtree Limited
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Fundamentals for LTIMindtree Limited
Business Operations:
Sector: TechnologyIndustry: Information Technology Services
LTIMindtree Limited, a technology consulting and digital solutions company, provides information technology services and solutions in India, North America, Europe, and internationally. The company operates through Banking, Financial Services & Insurance; Technology, Media & Communications; Manufacturing & Resources; Consumer Business; and Health, Life Sciences & Public Services. It offers cloud and infrastructure services, consulting, cyber security, data and insights, digital engineering, enterprise application, platform operation, RPA, and testing services. The company serves various industries, such as banking and financial services, insurance, Hi-tech and service, manufacturing and resources, energy, utilities, retail and consumer packaged goods, public, healthcare, life sciences, travel, transport, and hospitality, as well as communications, media, and entertainment industries. The company was formerly known as Larsen & Toubro Infotech Limited and changed its name to LTIMindtree Limited in November 2022. The company was incorporated in 1996 and is based in Mumbai, India. LTIMindtree Limited operates as a subsidiary of Larsen & Toubro Limited.
Revenue projections:
LTIM's revenues are expected to fall below last year's, and this forecast tends to raise concerns among investors. A revenue drop can negatively impact the company's profitability, making investors more cautious about their positions due to the risks of declining financial performance.
Financial Ratios:
| currentRatio | 3.186000 |
|---|---|
| forwardPE | 23.124916 |
| debtToEquity | 9.817000 |
| earningsGrowth | -0.106000 |
| revenueGrowth | 0.116000 |
| grossMargins | 0.289670 |
| operatingMargins | 0.161130 |
| trailingEps | 160.380000 |
| forwardEps | 211.438600 |
LTIMindtree Limited's current ratio 3.186, suggesting the company has sufficient liquidity to service its short-term debt. With its cash reserves and current assets in good shape, LTIMindtree Limited can comfortably meet its immediate liabilities, reflecting a healthy financial standing.
LTIM's Forward PE is in an attractive range, meaning its stock price aligns well with earnings and isn't inflated. This creates room for growth, making it a solid investment opportunity for those looking to benefit from potential price appreciation.
LTIM's low growth in earnings and revenue indicates a potential decline in profits. This suggests that the company could be facing financial challenges, making it harder to sustain its current profit margins.
LTIM's negative gross and operating margins indicate that the company is not generating profit from either production or day-to-day operations. This could suggest cost overruns or declining revenue, impacting its financial stability.
LTIMindtree Limited's forward EPS is greater than its trailing EPS, indicating that the company is expected to deliver higher profitability this year. This suggests that LTIMindtree Limited is projected to improve its earnings, reflecting positive growth compared to last year's financial performance.
Price projections:
LTIMindtree Limited's price projections have steadily risen over time, pointing to increasing optimism about the company's prospects. This upward revision suggests that analysts expect LTIMindtree Limited to continue delivering solid performance in the future.
Insider Transactions:
LTIM had 12 sell transactions, while the market price was at 5474.7417399088545 per share.No sell transactions were carried out during the period under review.LTIM is seeing more buys than sells at current price levels, which may indicate a positive market outlook. This trend suggests growing confidence among investors, who appear to expect favorable performance from the stock.
Recommendation changes over time:
With analysts showing a buy bias for LTIMindtree Limited, investors may be more inclined to see the stock as an attractive investment. The favorable outlook could spur increased interest, positioning LTIMindtree Limited as a safe and profitable place for investors to allocate their funds and seek growth.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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