LTIMindtree Limited

NSEI:LTIM Stock Report

Market Cap: ₹1.7t

LTIMindtree Valuation

Is LTIM undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of LTIM when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: LTIM (₹5931.05) is trading above our estimate of fair value (₹1947.76)

Significantly Below Fair Value: LTIM is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for LTIM?

Key metric: As LTIM is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for LTIM. This is calculated by dividing LTIM's market cap by their current earnings.
What is LTIM's PE Ratio?
PE Ratio37.7x
Earnings₹46.54b
Market Cap₹1.74t

Price to Earnings Ratio vs Peers

How does LTIM's PE Ratio compare to its peers?

The above table shows the PE ratio for LTIM vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average51.9x
TECHM Tech Mahindra
46x24.9%₹1.5t
PERSISTENT Persistent Systems
68.2x20.4%₹838.8b
507685 Wipro
24.8x8.1%₹2.9t
COFORGE Coforge
68.8x27.0%₹541.9b
LTIM LTIMindtree
37.7x14.7%₹1.7t

Price-To-Earnings vs Peers: LTIM is good value based on its Price-To-Earnings Ratio (37.7x) compared to the peer average (51.9x).

Price to Earnings Ratio vs Industry

How does LTIM's PE Ratio compare vs other companies in the IN IT Industry?

4 CompaniesPrice / EarningsEstimated GrowthMarket Cap
GTL GTL
1.1xn/aUS$22.47m
517429 Athena Global Technologies
0.6xn/aUS$15.83m
509040 Netlink Solutions (India)
3.2xn/aUS$5.54m
512341 CES
0.05xn/aUS$130.33k
No more companies available in this PE range
LTIM 37.7xIndustry Avg. 34.3xNo. of Companies19PE020406080100+
4 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: LTIM is expensive based on its Price-To-Earnings Ratio (37.7x) compared to the Indian IT industry average (34.3x).

Price to Earnings Ratio vs Fair Ratio

What is LTIM's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

LTIM PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio37.7x
Fair PE Ratio48.2x

Price-To-Earnings vs Fair Ratio: LTIM is good value based on its Price-To-Earnings Ratio (37.7x) compared to the estimated Fair Price-To-Earnings Ratio (48.2x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst LTIM forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current₹5,931.05
₹6,317.21
+6.5%
12.4%₹7,550.00₹4,475.00n/a39
Nov ’25₹5,731.60
₹6,329.64
+10.4%
12.6%₹7,550.00₹4,475.00n/a39
Oct ’25₹6,273.45
₹5,966.18
-4.9%
11.9%₹7,700.00₹4,475.00n/a39
Sep ’25₹6,156.05
₹5,685.03
-7.7%
11.8%₹7,000.00₹4,199.00n/a39
Aug ’25₹5,678.90
₹5,648.08
-0.5%
11.7%₹7,000.00₹4,199.00n/a39
Jul ’25₹5,447.50
₹5,088.05
-6.6%
12.0%₹6,650.00₹3,960.00n/a38
Jun ’25₹4,701.90
₹5,005.39
+6.5%
12.2%₹6,650.00₹3,840.00n/a38
May ’25₹4,706.40
₹5,023.59
+6.7%
12.5%₹6,650.00₹3,840.00n/a37
Apr ’25₹4,882.60
₹5,706.00
+16.9%
12.7%₹7,050.00₹4,100.00n/a36
Mar ’25₹5,273.55
₹6,004.42
+13.9%
12.5%₹7,200.00₹4,040.00n/a36
Feb ’25₹5,364.65
₹5,948.74
+10.9%
12.8%₹7,200.00₹4,040.00n/a35
Jan ’25₹6,261.90
₹5,616.00
-10.3%
13.7%₹7,285.00₹3,990.00n/a35
Dec ’24₹5,577.05
₹5,508.06
-1.2%
12.8%₹7,050.00₹3,990.00n/a35
Nov ’24₹4,998.70
₹5,488.34
+9.8%
13.1%₹7,050.00₹3,990.00₹5,731.6035
Oct ’24₹5,209.85
₹5,258.75
+0.9%
12.8%₹6,980.00₹3,800.00₹6,273.4536
Sep ’24₹5,303.35
₹5,176.11
-2.4%
14.0%₹7,300.00₹3,800.00₹6,156.0536
Aug ’24₹4,977.45
₹5,119.17
+2.8%
13.8%₹7,300.00₹3,800.00₹5,678.9036
Jul ’24₹5,197.20
₹4,954.26
-4.7%
14.7%₹7,300.00₹3,850.00₹5,447.5034
Jun ’24₹4,969.30
₹4,872.21
-2.0%
15.3%₹7,500.00₹3,700.00₹4,701.9034
May ’24₹4,419.45
₹4,839.85
+9.5%
15.0%₹7,500.00₹3,700.00₹4,706.4034
Apr ’24₹4,759.65
₹4,809.91
+1.1%
19.4%₹7,500.00₹2,010.00₹4,882.6034
Mar ’24₹4,743.80
₹4,713.36
-0.6%
19.1%₹7,540.00₹2,010.00₹5,273.5533
Feb ’24₹4,388.10
₹4,675.56
+6.6%
18.7%₹7,540.00₹2,010.00₹5,364.6534
Jan ’24₹4,365.40
₹4,658.77
+6.7%
17.6%₹6,330.00₹2,010.00₹6,261.9030
Dec ’23₹5,010.45
₹4,679.42
-6.6%
17.9%₹6,330.00₹2,010.00₹5,577.0531
Nov ’23₹4,845.65
₹4,796.52
-1.0%
21.6%₹8,140.00₹2,010.00₹4,998.7031

Analyst Forecast: Target price is less than 20% higher than the current share price.

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