LTIMindtree Future Growth

Future criteria checks 2/6

LTIMindtree is forecast to grow earnings and revenue by 12.1% and 8.8% per annum respectively. EPS is expected to grow by 11.8% per annum. Return on equity is forecast to be 23.6% in 3 years.

Key information

12.1%

Earnings growth rate

11.8%

EPS growth rate

IT earnings growth	10.0%
Revenue growth rate	8.8%
Future return on equity	23.6%
Analyst coverage	Good
Last updated	02 May 2024

Recent future growth updates

Earnings Release: Here's Why Analysts Cut Their LTIMindtree Limited (NSE:LTIM) Price Target To ₹5,035

Apr 27

Recent updates

Earnings Release: Here's Why Analysts Cut Their LTIMindtree Limited (NSE:LTIM) Price Target To ₹5,035

Apr 27

LTIMindtree (NSE:LTIM) Could Easily Take On More Debt

Apr 01

Some Shareholders Feeling Restless Over LTIMindtree Limited's (NSE:LTIM) P/E Ratio

Mar 10

If EPS Growth Is Important To You, LTIMindtree (NSE:LTIM) Presents An Opportunity

May 02

We Think LTIMindtree (NSE:LTIM) Can Manage Its Debt With Ease

Jan 16

Capital Investments At LTIMindtree (NSE:LTIM) Point To A Promising Future

Dec 14

Analysts Are Betting On Larsen & Toubro Infotech Limited (NSE:LTI) With A Big Upgrade This Week

Nov 18

If EPS Growth Is Important To You, Larsen & Toubro Infotech (NSE:LTI) Presents An Opportunity

Oct 31

What Is Larsen & Toubro Infotech Limited's (NSE:LTI) Share Price Doing?

Oct 14

Larsen & Toubro Infotech (NSE:LTI) Could Easily Take On More Debt

Sep 18

Many Would Be Envious Of Larsen & Toubro Infotech's (NSE:LTI) Excellent Returns On Capital

Sep 06

If EPS Growth Is Important To You, Larsen & Toubro Infotech (NSE:LTI) Presents An Opportunity

Jul 29

Is It Time To Consider Buying Larsen & Toubro Infotech Limited (NSE:LTI)?

Jul 16

Larsen & Toubro Infotech (NSE:LTI) Has Announced That It Will Be Increasing Its Dividend To ₹30.00

Jun 19

Shareholders Are Optimistic That Larsen & Toubro Infotech (NSE:LTI) Will Multiply In Value

May 26

Here's Why I Think Larsen & Toubro Infotech (NSE:LTI) Might Deserve Your Attention Today

Apr 28

Earnings and Revenue Growth Forecasts

NSEI:LTIM - Analysts future estimates and past financials data (INR Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
3/31/2027	468,971	67,530	57,374	68,584	16
3/31/2026	421,980	59,419	51,341	60,798	36
3/31/2025	377,291	50,519	41,573	51,181	37
3/31/2024	355,170	45,821	48,263	56,695	N/A
12/31/2023	353,151	45,959	49,972	57,751	N/A
9/30/2023	349,185	44,275	29,261	37,493	N/A
6/30/2023	342,409	44,542	24,830	34,345	N/A
3/31/2023	331,830	44,083	21,553	30,946	N/A
12/31/2022	211,806	27,517	9,022	18,681	N/A
9/30/2022	177,987	25,618	6,913	16,399	N/A
6/30/2022	167,290	24,340	10,535	17,833	N/A
3/31/2022	261,087	39,483	21,934	32,507	N/A
12/31/2021	146,365	22,050	13,567	17,424	N/A
9/30/2021	136,517	21,117	14,399	19,170	N/A
6/30/2021	128,831	20,158	19,863	18,592	N/A
3/31/2021	123,698	19,361	21,277	23,996	N/A
12/31/2020	121,123	18,178	18,137	24,193	N/A
9/30/2020	117,706	16,764	19,151	21,999	N/A
6/30/2020	113,429	15,809	11,603	19,447	N/A
3/31/2020	108,786	15,201	13,970	16,435	N/A
12/31/2019	103,527	14,722	14,913	12,287	N/A
9/30/2019	100,145	14,704	11,938	13,680	N/A
6/30/2019	97,750	15,104	12,182	15,698	N/A
3/31/2019	94,458	15,159	12,385	13,951	N/A
12/31/2018	89,610	14,264	11,014	12,537	N/A
9/30/2018	83,719	13,336	10,032	11,388	N/A
6/30/2018	77,915	12,061	9,232	8,122	N/A
3/31/2018	73,065	11,120	7,419	8,438	N/A
12/31/2017	69,825	10,769	N/A	N/A	N/A
9/30/2017	67,654	10,422	N/A	N/A	N/A
6/30/2017	66,166	10,021	N/A	12,937	N/A
3/31/2017	65,009	9,707	N/A	11,696	N/A
12/31/2016	63,823	10,305	N/A	N/A	N/A
9/30/2016	62,026	10,069	N/A	N/A	N/A
6/30/2016	60,689	9,834	N/A	N/A	N/A
3/31/2016	58,464	8,363	N/A	8,585	N/A
12/31/2015	55,864	9,046	N/A	9,450	N/A
3/31/2015	49,681	7,598	N/A	6,423	N/A
3/31/2014	45,352	6,598	N/A	6,279	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: LTIM's forecast earnings growth (12.1% per year) is above the savings rate (6.7%).

Earnings vs Market: LTIM's earnings (12.1% per year) are forecast to grow slower than the Indian market (17.3% per year).

High Growth Earnings: LTIM's earnings are forecast to grow, but not significantly.

Revenue vs Market: LTIM's revenue (8.8% per year) is forecast to grow slower than the Indian market (9.9% per year).

High Growth Revenue: LTIM's revenue (8.8% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: LTIM's Return on Equity is forecast to be high in 3 years time (23.6%)

LTIMindtree Future Growth

Future criteria checks 2/6

Key information

Recent future growth updates

Earnings Release: Here's Why Analysts Cut Their LTIMindtree Limited (NSE:LTIM) Price Target To ₹5,035

Price target decreased by 7.3% to ₹5,053

Price target decreased by 7.1% to ₹5,472

Consensus forecasts updated

Price target decreased to ₹5,167

Price target decreased to ₹6,124

Recent updates

Director recently sold ₹24m worth of stock

Earnings Release: Here's Why Analysts Cut Their LTIMindtree Limited (NSE:LTIM) Price Target To ₹5,035

Price target decreased by 7.3% to ₹5,053

Full year 2024 earnings: EPS misses analyst expectations

LTIMindtree Limited Recommends Final Dividend for the Financial Year Ended March 31, 2024

LTIMindtree Limited Announces Executive Changes

Price target decreased by 7.1% to ₹5,472

LTIMindtree Introduces Composable Storefront Solution on Salesforce to Quick-Launch Digital Commerce Experiences

LTIMindtree Limited to Report Q4, 2024 Results on Apr 24, 2024

Insider recently sold ₹35m worth of stock

LTIMindtree (NSE:LTIM) Could Easily Take On More Debt

Chief Human Resource Officer recently sold ₹10m worth of stock

Insider recently sold ₹7.8m worth of stock

Some Shareholders Feeling Restless Over LTIMindtree Limited's (NSE:LTIM) P/E Ratio

LTIMindtree Limited Announces CFO Changes

LTIMindtree Unveils Navisource.AI: Revolutionizing Procurement CoPilot on Canvas.AI Platform

Third quarter 2024 earnings: Revenues and EPS in line with analyst expectations

LTIMindtree Appoints Shuchi Sarkar as Chief Marketing Officer

LTIMindtree Launches Hybrid Cloud Management Platform; Canvas CloudXperienz

LTIMindtree Launches and Tests Quantum-Safe VPN Link in London

LTIMindtree Limited Declares Interim Dividend

LTIMindtree Limited to Report Q2, 2024 Results on Oct 18, 2023

LTIMindtree Limited Announces Cessation of Deregistration and Closure of Subsidiary and Branch

LTIMindtree Limited Announces Cessation of Deregistration and Closure of Subsidiary and Branch

Is LTIMindtree (NSE:LTIM) A Risky Investment?

LTIMindtree Launches Testing as a Service for Oracle SaaS

Insider recently sold ₹6.6m worth of stock

LTIMindtree Limited Announces Resignation of Tridib Barat as Company Secretary & Compliance Officer

Insider recently sold ₹2.5m worth of stock

With EPS Growth And More, LTIMindtree (NSE:LTIM) Makes An Interesting Case

Ltimindtree Limited Announces Resignation of Rajnish Kumar as Independent Director

LTIMindtree Limited Launches V-Protect, Powered by Rubrik, for Comprehensive Data Protection and Recovery

LTIMindtree Limited to Report Q1, 2024 Results on Jul 17, 2023

Upcoming dividend of ₹40.00 per share at 1.2% yield

LTIMindtree (NSE:LTIM) Is Paying Out A Larger Dividend Than Last Year

Full year 2023 earnings: EPS misses analyst expectations

Ltimindtree Launches Canvas.Ai, A Generative AI Platform to Accelerate Concept-To-Value Realization for Enterprises

Insider recently sold ₹6.4m worth of stock

LTIMindtree's (NSE:LTIM) Dividend Will Be Increased To ₹40.00

LTIMindtree Limited, Annual General Meeting, Jul 17, 2023

Insider recently sold ₹11m worth of stock

Insider recently sold ₹12m worth of stock

Insider recently sold ₹11m worth of stock

These 4 Measures Indicate That LTIMindtree (NSE:LTIM) Is Using Debt Safely

If EPS Growth Is Important To You, LTIMindtree (NSE:LTIM) Presents An Opportunity

Full year 2023 earnings: EPS misses analyst expectations

Insider recently sold ₹9.3m worth of stock

Insider recently sold ₹2.3m worth of stock

Insider recently sold ₹9.7m worth of stock

Insider recently sold ₹7.3m worth of stock

Insider recently sold ₹4.4m worth of stock

Third quarter 2023 earnings: EPS misses analyst expectations

LTIMindtree Limited Declares Interim Dividend

We Think LTIMindtree (NSE:LTIM) Can Manage Its Debt With Ease

LTIMindtree Limited Announces Resignation of Venugopal Lambu as Whole-Time Director & President, Effective from January 10, 2023

Insider recently sold ₹1.1m worth of stock

Insider recently sold ₹20m worth of stock

Insider recently sold ₹2.0m worth of stock

Capital Investments At LTIMindtree (NSE:LTIM) Point To A Promising Future

Insider recently sold ₹1.0m worth of stock

Less than half of directors are independent

Aruna Sundararajan Step Down from the Board of Larsen & Toubro Infotech Limited

Analysts Are Betting On Larsen & Toubro Infotech Limited (NSE:LTI) With A Big Upgrade This Week

Consensus forecasts updated

Larsen & Toubro Infotech Limited (NSEI:LTI) completed the acquisition of 39% stake in Mindtree Limited (NSEI:MINDTREE).

If EPS Growth Is Important To You, Larsen & Toubro Infotech (NSE:LTI) Presents An Opportunity

Second quarter 2023 earnings: EPS and revenues exceed analyst expectations

What Is Larsen & Toubro Infotech Limited's (NSE:LTI) Share Price Doing?

Board Member recently sold ₹4.6m worth of stock