Projected Income Statement: LTIMindtree Limited

Forecast Balance Sheet: LTIMindtree Limited

Fiscal Period: March 2022 2023 2024 2025 2026 2027 2028 2029
Net Debt 1 -30,784 -55,395 -47,348 -20,600 -23,311 -49,054 -84,666 -1,19,827
Change - -79.95% 14.53% 56.49% -13.16% -110.43% -72.6% -41.53%
Announcement Date 19/04/22 27/04/23 24/04/24 23/04/25 23/04/26 - - -
1INR in Million
Estimates

Cash Flow Forecast: LTIMindtree Limited

Fiscal Period: March 2022 2023 2024 2025 2026 2027 2028 2029
CAPEX 1 8,590 9,393 8,432 9,336 9,092 12,743 12,014 13,052
Change - 9.35% -10.23% 10.72% -2.61% 40.16% -5.72% 8.63%
Free Cash Flow (FCF) 1 7,930 21,553 48,263 36,122 38,896 49,725 59,619 63,618
Change - 171.79% 123.93% -25.16% 7.68% 27.84% 19.9% 6.71%
Announcement Date 19/04/22 27/04/23 24/04/24 23/04/25 23/04/26 - - -
1INR in Million
Estimates

Forecast Financial Ratios: LTIMindtree Limited

Fiscal Period: March 2022 2023 2024 2025 2026 2027 2028 2029

Profitability

        
EBITDA Margin (%) 19.52% 18.41% 17.98% 17.09% 17.86% 17.86% 17.88% 17.95%
EBIT Margin (%) 17.25% 16.23% 15.68% 14.48% 15.37% 15.57% 15.54% 15.7%
EBT Margin (%) 19.77% 17.45% 17.03% 16.35% 16.05% 17.16% 17.47% 17.91%
Net margin (%) 14.67% 13.28% 12.91% 12.1% 11.86% 12.71% 12.92% 13.28%
FCF margin (%) 5.06% 6.5% 13.59% 9.5% 9.19% 10.33% 11.32% 11.14%
FCF / Net Income (%) 34.5% 48.89% 105.27% 78.55% 77.51% 81.27% 87.62% 83.89%

Profitability

        
ROA 19.83% 20% 17.96% 15.8% 14.8% 15.03% 15.21% 14.46%
ROE 28.52% 28.55% 25.03% 21.53% 21.48% 23.48% 22.98% 22.41%

Financial Health

        
Leverage (Debt/EBITDA) - - - - - - - -
Debt / Free cash flow - - - - - - - -

Capital Intensity

        
CAPEX / Current Assets (%) 5.48% 2.83% 2.37% 2.46% 2.15% 2.65% 2.28% 2.29%
CAPEX / EBITDA (%) 28.09% 15.38% 13.2% 14.37% 12.03% 14.82% 12.76% 12.74%
CAPEX / FCF (%) 108.32% 43.58% 17.47% 25.85% 23.38% 25.63% 20.15% 20.52%

Items per share

        
Cash flow per share 1 94.4 104.5 191.5 153.6 162.1 220.8 276.2 298.9
Change - 10.75% 83.21% -19.82% 5.57% 36.2% 25.07% 8.22%
Dividend per Share 1 45 60 45 45 75 89.78 99.35 108.7
Change - 33.33% -25% 0% 66.67% 19.71% 10.65% 9.42%
Book Value Per Share 1 503.7 560.5 676.6 766.8 811.7 919.8 1,055 1,202
Change - 11.29% 20.7% 13.34% 5.84% 13.33% 14.67% 13.94%
EPS 1 130.8 148.8 154.5 155 169.1 206.6 229.5 254.4
Change - 13.78% 3.8% 0.34% 9.12% 22.18% 11.07% 10.84%
Nbr of stocks (in thousands) 1,75,270 2,95,823 2,96,105 2,96,286 2,96,481 2,96,589 2,96,589 2,96,589
Announcement Date 19/04/22 27/04/23 24/04/24 23/04/25 23/04/26 - - -
1INR
Estimates
2027 *2028 *
P/E 19.7x 17.7x
PBR 4.42x 3.85x
EV / Sales 2.4x 2.13x
Yield 2.21% 2.45%

EPS & Dividend

Y-o-Y evolution of P/E

Year-on-year evolution of the Yield

Trader
Investor
Global
Quality
ESG MSCI
A
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
39
Last Close Price
4,062.80INR
Average target price
4,387.77INR
Spread / Average Target
+8.00%

Quarterly revenue - Rate of surprise

  1. Stock Market
  2. Stocks
  3. LTM Stock
  4. Financials LTIMindtree Limited