LTM Limited

NSEI:LTM Stock Report

Market Cap: ₹1.3t

LTM Valuation

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

Valuation Score

2/6

Valuation Score 2/6

  • Below Future Cash Flow Value

  • Significantly Below Future Cash Flow 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 LTM when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Ultimate guide to DCF valuation for stock investing

Learn how to determine fair value like the best investors in the world.

Below Future Cash Flow Value: LTM (₹4275.1) is trading above our estimate of future cash flow value (₹2057.63)

Significantly Below Future Cash Flow Value: LTM is trading above our estimate of future cash flow value.

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for LTM. This is calculated by dividing LTM's market cap by their current earnings.
What is LTM's PE Ratio?
PE Ratio24.2x
Earnings₹52.30b
Market Cap₹1.27t

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for LTM vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average31.8x
TECHM Tech Mahindra
26.5x16.03%₹1.4t
507685 Wipro
12.4x4.50%₹1.6t
PERSISTENT Persistent Systems
42x19.52%₹808.3b
COFORGE Coforge
46.4x23.73%₹815.5b
LTM LTM
24.2x12.56%₹1.3t

Price-To-Earnings vs Peers: LTM is good value based on its Price-To-Earnings Ratio (24.2x) compared to the peer average (31.8x).

Historical Price to Earnings Ratio

Historical Price to Earnings Ratio compares a stock's price to its earnings over time. Higher ratios indicate that investors are willing to pay more for the stock.

Fetching historical data

Price to Earnings Ratio vs Industry

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

6 CompaniesPrice / EarningsEstimated GrowthMarket Cap
DEVIT Dev Information Technology
1.7xn/aUS$13.58m
544637 Methodhub Software
3.6xn/aUS$11.90m
GTL GTL
0.1xn/aUS$11.62m
511447 Sylph Industries
3.7xn/aUS$2.70m
LTM 24.2xIndustry Avg. 22.3xNo. of Companies18PE01632486480+
6 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: LTM is expensive based on its Price-To-Earnings Ratio (24.2x) compared to the Indian IT industry average (22.3x).

Price to Earnings Ratio vs Fair Ratio

What is LTM'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.

LTM PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio24.2x
Fair PE Ratio27.9x

Price-To-Earnings vs Fair Ratio: LTM is good value based on its Price-To-Earnings Ratio (24.2x) compared to the estimated Fair Price-To-Earnings Ratio (27.9x).

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 LTM forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current₹4,275.10
₹4,452.89
+4.16%
13.85%₹6,162.00₹3,360.00n/a38
Sep ’27₹4,625.00
₹4,489.28
-2.93%
15.10%₹6,217.00₹3,360.00n/a39
Aug ’27₹4,362.10
₹4,387.90
+0.59%
14.42%₹6,217.00₹3,360.00n/a39
Jul ’27₹3,546.70
₹4,640.67
+30.84%
15.61%₹6,217.00₹3,285.00n/a39
Jun ’27₹4,196.10
₹4,865.87
+15.96%
13.84%₹6,217.00₹3,500.00n/a39
May ’27₹4,269.60
₹4,915.33
+15.12%
12.93%₹6,217.00₹3,700.00n/a39
Apr ’27₹4,107.00
₹5,607.28
+36.53%
17.39%₹7,338.00₹3,945.00n/a39
Mar ’27₹4,462.00
₹6,329.79
+41.86%
13.77%₹7,900.00₹4,300.00n/a39
Feb ’27₹6,070.50
₹6,391.33
+5.28%
12.64%₹7,900.00₹4,410.00n/a40
Jan ’27₹6,112.00
₹5,931.34
-2.96%
12.72%₹7,500.00₹4,250.00n/a41
Dec ’26₹6,152.50
₹5,824.76
-5.33%
11.44%₹6,900.00₹4,250.00n/a41
Nov ’26₹5,684.50
₹5,800.59
+2.04%
11.51%₹6,900.00₹4,250.00n/a41
Oct ’26₹5,123.00
₹5,398.02
+5.37%
10.93%₹6,330.00₹4,060.00n/a41
Sep ’26₹5,197.00
₹5,380.35
+3.53%
10.89%₹6,273.00₹4,050.00₹4,625.0040
Aug ’26₹5,017.50
₹5,379.20
+7.21%
11.00%₹6,273.00₹4,050.00₹4,362.1040
Jul ’26₹5,304.00
₹5,105.10
-3.75%
10.93%₹6,200.00₹3,837.00₹3,546.7040
Jun ’26₹5,068.90
₹4,896.05
-3.41%
10.99%₹6,200.00₹3,837.00₹4,196.1039
May ’26₹4,586.50
₹4,945.83
+7.83%
12.61%₹6,673.00₹3,837.00₹4,269.6040
Apr ’26₹4,426.60
₹5,714.50
+29.09%
16.44%₹7,592.00₹4,104.00₹4,107.0038
Mar ’26₹4,665.95
₹6,235.49
+33.64%
12.49%₹7,592.00₹4,595.00₹4,462.0039
Feb ’26₹5,906.30
₹6,294.10
+6.57%
12.55%₹7,700.00₹4,595.00₹6,070.5040
Jan ’26₹5,673.35
₹6,358.08
+12.07%
13.30%₹8,000.00₹4,475.00₹6,112.0039
Dec ’25₹6,172.40
₹6,341.49
+2.74%
12.42%₹7,550.00₹4,475.00₹6,152.5039
Nov ’25₹5,731.60
₹6,329.64
+10.43%
12.60%₹7,550.00₹4,475.00₹5,684.5039
Oct ’25₹6,273.45
₹5,966.18
-4.90%
11.86%₹7,700.00₹4,475.00₹5,123.0039
Sep ’25₹6,156.05
₹5,685.03
-7.65%
11.76%₹7,000.00₹4,199.00₹5,197.0039
₹4.45k
Fair Value
4.0% undervalued intrinsic discount
38
Number of Analysts

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

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/09/19 20:28
End of Day Share Price 2026/09/18 00:00
Earnings2026/06/30
Annual Earnings2026/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

LTM Limited is covered by 56 analysts. 37 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Pulkit Chawla360 ONE Capital Market Private Limited
null null360 ONE Capital Market Private Limited
Ashwin MehtaAmbit Capital