Sharekhan's research report on LTIMindtree
For Q1FY26, LTIMindtree expects order inflows to stay strong, augmented by the landmark $450 million, seven-year deal. Bolstered by order win in the agri-business and absence of headwinds in the TTH portfolio, the consumer business, which lagged in FY25 is expected to contribute materially in FY26, aiding broad-based revenue growth. “Fit for Future” program, focusing on cost optimization, workforce efficiency, pyramid correction, and AI-driven productivity gains, to drive margin improvements with visible gains expected from Q1FY26.
Outlook
We maintain Buy rating with revised PT of Rs 6,200 (31xFY27E EPS). At the CMP, the stock trades at 31.4/27.1x FY6/27E EPS.
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