LTM Limited

LTM concluded FY26 with a revenue of USD 4.76 billion, marking a 6% growth in dollar terms and 5.3% in constant currency. Operating margins for the year improved by 90 basis points to 15.4%, while adjusted PAT grew 17% year-over-year to Rs. 5,379 Crores. The company executed three strategic programs: Fit4Future for cost optimization, establishing a dedicated Large Deals organization, and pivoting to an AI-centric enterprise, all aligned with its five-year 'Lakshya' strategy.

In Q4 FY26, LTM reported revenues of USD 1.22 billion, achieving 1.2% sequential growth in both USD and constant currency. However, operational EBIT margins saw a sequential decline of 100 basis points to 15.1%, primarily attributed to partial wage hikes implemented from January 1st and productivity commitments. Despite this, the company's trailing 12-month attrition improved to 13.3% from 13.8% in Q3.

LTM maintained robust order inflow, closing Q4 at USD 1.7 billion, marking the sixth consecutive quarter with inflows exceeding USD 1.5 billion. For the full FY26, total order inflow reached USD 6.6 billion, representing a 10.3% year-over-year increase. This included a significant 300% increase in large deal wins, with six deals exceeding USD 100 million each, underscoring strong market demand and LTM's competitive positioning.

The company is accelerating its AI-centric capabilities with the launch of BlueVerse™, an agentic AI ecosystem, and Skillet Weave, a skills marketplace for AI agents. LTM announced strategic partnerships with Salesforce for BlueVerse™ M.A.X and Uniphore for AI outcomes across enterprise operations. Training initiatives with IICT, IIT Kharagpur, and MIT are enhancing workforce AI skills, with over 1,000 engineers trained on Claude skills and 30,000+ developers on GitHub Copilot.

Four out of five business verticals achieved double-digit growth for Q4 year-over-year, and three out of five recorded double-digit growth for the full FY26. Manufacturing and Resources grew 12.7%, and Consumer business grew 13.2% in FY26. Geographically, Europe demonstrated strong growth at 12.4%, and the Rest of the World grew 11.6%, while the Americas grew 4.0%. The BFSI vertical experienced a sharp decline in Q4, which management indicated was a deliberate move to bottom out productivity benefits, with recovery expected from Q1 FY27.

LTM's five-year 'Lakshya'31 strategy is centered on 'Business Creativity' and domain-tech convergence, aiming to double revenue in five years. This strategy is built on an AI-led foundation, future-ready talent, and reimagined delivery. Starting FY27, the 'New Horizons' program will govern strategy execution across four tracks: growth, competency, operational efficiency, and scaling the AI pivot. The company also announced a consolidation of reporting into four business segments from Q1 FY27: BFSI, Technology, Media, and Communication, Production, and Consumer.