LTM Limited
NSE: LTM · Computers - Software & Consulting · sector
₹4,074.90NSE close 2026-10-26
Key numbers
Market cap₹1,20,617 cr
Price₹4,074.90
52w high / low₹4,850 / ₹3,528
P/E23.1xSector median 17.5x
P/B4.7xSector median 2.7x
Book value₹874.1
Dividend yield1.66%Sector median 1.66%
ROE21.2%Sector median 14.4%
ROCE28.2%Sector median 15.3%
OPM16.7%Sector median 16.9%
Debt / equity0.00xSector median 0.04x
EV/EBITDA13.9xSector median 13.2x
Interest cover26.0x
Current ratio3.09x
Sales growth 3y+8.4%Sector median +10.8%
Profit growth 3y+4.4%Sector median +14.9%
PEG5.33x
Last 12 months to Sep 2026, Consolidated. "Sector median" = middle value of 80 companies in Computers - Software & Consulting (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹14,848 cr vs borrowings ₹0 cr (FY26): cash is higher (net cash).
- Operating profit covered interest 26.0x in the last 12 months.
- Operating cash flow was below net profit in 4 of the last 5 years (FY26, FY25, FY23, FY22).
- Revenue was higher than a year earlier in 4 of the last 4 quarters.
- Other income was 14% of net profit in the last 12 months.
- Dividend paid in 5 of the last 5 financial years.
- Price ₹4,074.90 on 2026-10-26: -16.0% from the 52-week high, +15.5% from the 52-week low.
Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.
Charts
Weekly close · high ₹6,667.65 · low ₹3,546.70
RevenueNet profit
RevenueNet profit
Quarterly results
| ₹ cr | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 9,661 | 9,772 | 9,841 | 10,394 | 10,781 | 11,292 | 11,608 | 11,808 |
| EBITDA | 1,593 | 1,596 | 1,649 | 1,930 | 1,412 | 2,035 | 2,061 | 2,093 |
| OPM % | 16.5% | 16.3% | 16.8% | 18.6% | 13.1% | 18.0% | 17.8% | 17.7% |
| Other income | 212 | 251 | 392 | 300 | 227 | 175 | 255 | 92 |
| Net profit | 1,085 | 1,128 | 1,254 | 1,401 | 971 | 1,392 | 1,466 | 1,398 |
| EPS (₹) | 36.65 | 38.10 | 42.33 | 47.28 | 32.75 | 46.97 | 49.46 | 47.15 |
| Revenue YoY | +11.6% | +15.6% | +18.0% | +13.6% | ||||
| Profit YoY | -10.6% | +23.4% | +16.9% | -0.2% |
Consolidated figures where filed. Latest quarter Sep 2026.
Profit & loss (yearly)
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|---|---|
| Revenue | 15,669 | 33,183 | 35,517 | 38,008 | 42,308 | 45,488 |
| EBITDA | 3,058 | 6,108 | 6,387 | 6,495 | 7,027 | 7,602 |
| Net profit | 2,297 | 4,408 | 4,582 | 4,599 | 5,018 | 5,227 |
| EPS (₹) | 131.19 | 149.07 | 154.85 | 155.29 | 169.33 | 176.33 |
| Revenue growth | +111.8% | +7.0% | +7.0% | +11.3% | +14.7% | |
| Profit growth | +91.9% | +3.9% | +0.4% | +9.1% | +7.3% | |
| Dividend / share (₹) | 50.00 | 50.00 | 60.00 | 65.00 | 67.00 |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | +8.4% | +27.9% | +14.7% |
| Net profit | +4.4% | +21.0% | +7.4% |
| EPS | +4.3% | +8.8% | – |
| Share price | – | – (2y) | – |
Balance sheet
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Shareholders' equity | – | 16,592 | 20,017 | 22,698 | 24,025 |
| Borrowings | – | 125 | 2,071 | 2 | 0 |
| Cash & equivalents | – | 7,674 | 9,569 | 10,962 | 14,848 |
| Total assets | – | 23,496 | 27,563 | 30,630 | 37,196 |
| Fixed assets | – | 2,224 | 1,656 | 3,963 | 4,170 |
| Capital work in progress | – | 813 | 467 | 582 | 917 |
| Investments | – | 716 | 1,990 | 2,470 | 532 |
| Receivables | – | 7,224 | 5,706 | 5,868 | 7,425 |
| Inventory | – | 3 | 3 | 3 | 3 |
| Payables | – | 1,294 | 1,494 | 1,550 | 2,061 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Cash from operations | 1,652 | 3,096 | 5,670 | 4,546 | 4,799 |
| Cash from investing | -959 | -331 | -3,912 | -1,738 | -1,768 |
| Cash from financing | -1,046 | -1,932 | -2,269 | -2,574 | -2,926 |
| Capex | 859 | 939 | 843 | 950 | 931 |
| Free cash flow | 793 | 2,156 | 4,826 | 3,596 | 3,868 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| ROE % | – | 26.6% | 22.9% | 20.3% | 20.9% |
| ROCE % | – | 35.5% | 28.4% | 28.6% | 29.4% |
| Debtor days | – | 79 | 59 | 56 | 64 |
| Inventory days | – | 0 | 0 | 0 | 0 |
| Payable days | – | 14 | 15 | 15 | 18 |
| Cash conversion cycle (days) | – | 65 | 44 | 41 | 46 |
| Working capital days | – | 129 | 135 | 144 | 155 |
Shareholding
| Holder | % (2026-09-30) |
|---|---|
| Promoters | 69.01% |
| FIIs | 6.15% |
| DIIs | 16.84% |
| of which Mutual funds | 3.71% |
| of which Insurance | 11.70% |
| Government | 0.00% |
| Public (non-institutions) | 7.95% |
| Quarter | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters % | 68.57% | 68.57% | 68.56% | 68.54% | 68.53% | 68.52% | 68.49% | 69.01% |
| Promoter group | % |
|---|---|
| Larsen & Toubro Limited | 69.01% |
| Bhilai Power Supply Company Limited | 0.00% |
| L&T Aviation Services Private Limited | 0.00% |
| L&T Capital Company Limited | 0.00% |
| L&T Global Holdings Limited | 0.00% |
| Larsen & Toubro International FZE | 0.00% |
| L&T Community Welfare Association | 0.00% |
| L&T Semiconductor Technologies Limited | 0.00% |
| L&T Metro Rail (Hyderabad) Limited | 0.00% |
| L&T Finance Limited | 0.00% |
| L&T Financial Consultants Limited | 0.00% |
| L&T Infra Investment Partners Advisory Private Limited | 0.00% |
| L&T Infra Investment Partners Trustee Private Limited | 0.00% |
| L&T Infra Investment Partners Fund | 0.00% |
| L&T Energy Green Tech Limited (Formerly L&T Power Limited) | 0.00% |
| Public holders above 1% | % |
|---|---|
| Life Insurance Corporation Of India | 10.21% |
| Nps Trust A/C Uti Pension Fund Limited-Scheme State Govt | 1.30% |
3,76,219 shareholders. Pledged: – of promoter shares.
Peers in Computers - Software & Consulting
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| TCS | ₹9,17,670 cr | 17.8x | 7.7x | 45.8% | 59.1% | 25.0% | +5.8% | 4.31% |
| INFY | ₹4,72,230 cr | 15.7x | 5.1x | 32.1% | 44.9% | 23.0% | +6.8% | 3.95% |
| HCLTECH | ₹3,84,716 cr | 20.9x | 5.0x | 24.9% | 31.9% | 19.9% | +8.7% | 3.80% |
| WIPRO | ₹1,87,403 cr | 14.8x | 2.4x | 16.0% | 19.6% | 19.3% | +0.8% | 6.18% |
| TECHM | ₹1,59,037 cr | 28.8x | 5.4x | 16.1% | 25.2% | 16.8% | +2.2% | 2.53% |
| LTM | ₹1,20,617 cr | 23.1x | 4.7x | 21.2% | 28.2% | 16.7% | +8.4% | 1.66% |
| PERSISTENT | ₹92,284 cr | 50.8x | 10.7x | 22.9% | 28.2% | 16.3% | +20.9% | 0.63% |
| COFORGE | ₹66,873 cr | 40.5x | 7.0x | 21.6% | 24.9% | 17.3% | +27.0% | 0.81% |
| MPHASIS | ₹48,819 cr | 25.5x | 4.5x | 18.8% | 22.3% | 18.4% | +4.8% | 2.23% |
| HEXT | ₹36,152 cr | 26.9x | 5.4x | 21.5% | 27.6% | 14.2% | – | – |
Business segments (FY26)
| Segment | Revenue | Share | EBIT | Margin |
|---|---|---|---|---|
| Banking, Financial Services & Insurance | ₹14,898 cr | 35.2% | ₹2,517 cr | 16.9% |
| Technology, Media & Communications | ₹9,721 cr | 23.0% | ₹1,910 cr | 19.6% |
| Manufacturing & Resources | ₹8,548 cr | 20.2% | ₹1,471 cr | 17.2% |
| Consumer Business | ₹6,488 cr | 15.3% | ₹1,328 cr | 20.5% |
| Healthcare, Life Sciences & Public Services | ₹2,654 cr | 6.3% | ₹330 cr | 12.4% |
Dividends & corporate actions
| Ex-date | Action | Detail |
|---|---|---|
| 2026-10-23 | Dividend | Interim Dividend - Rs 25 Per Share |
| 2026-05-25 | Dividend | Dividend - Rs 53 Per Share |
| 2025-10-24 | Dividend | Interim Dividend - Rs 22 Per Share |
| 2025-05-23 | Dividend | Dividend - Rs 45 Per Share |
| 2024-10-25 | Dividend | Interim Dividend - Rs 20 Per Share |
| 2024-06-19 | Dividend | Dividend - Rs 45 Per Share |
| 2023-10-27 | Dividend | Interim Dividend - Rs 20 Per Share |
| 2023-07-10 | Dividend | Dividend - Rs 40 Per Share |
| 2023-01-31 | Dividend | Interim Dividend - Rs 20 Per Share |
| 2022-06-30 | Dividend | Dividend- Rs 30 Per Share |
| 2021-10-25 | Dividend | Interim Dividend - Rs 15 Per Share |
| 2021-07-30 | Dividend | Special Dividend - Rs 10 Per Share |
| 2021-07-01 | Dividend | Dividend - Rs 25 Per Share |
| 2020-10-27 | Dividend | Interim Dividend -Rs 15 Per Share |
| 2020-07-09 | Dividend | Annual General Meeting/Dividend - Rs 15.50 Per Share |
| 2019-10-24 | Dividend | Interim Dividend - Rs 12.50 Per Share |
| 2019-07-11 | Dividend | Dividend - Rs 15.50 Per Share |
| 2018-10-31 | Dividend | Interim Dividend - Rs 12.50 Per Share |
| 2018-08-14 | Dividend | Annual General Meeting/Dividend Rs 13.50 Per Share |
| 2017-11-13 | Dividend | Interim Dividend - Rs 8/- Per Share (Purpose Revised) |
Documents
- Annual report FY26
- Annual report FY25
- Annual report FY24
- Annual report FY23
- Annual report FY22
- Announcements NSE filings
- BRSR FY26
- Latest results (data file) XBRL
- Announcements BSE filings
Links go to the original files on the exchange website.
About the company
- Information and communication (J6, J8): Computer programming, consultancy, and related activities & other information & communication service activities, IT software, services, and related activities.
| Sector | Information Technology |
| Industry | Computers - Software & Consulting |
| Sub-industry | Computers - Software & Consulting |
| Symbol | LTM |
| BSE code | 540005 |
| ISIN | INE214T01019 |
| Face value | ₹1.0 |
| Incorporated | 1996-12-23 |
| Website | www.ltm.com |
| Plants (India / abroad) | 0 / 0 |
From the company's filings (BRSR FY26).
Data built 2026-10-22 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.