L&T Group's global IT consulting and digital services firm, formed by the LTI-Mindtree merger.
Price
Market Cap
Sector
Information Technology
Rank
| Line item | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | FY26 |
|---|---|---|---|---|---|---|---|---|
| LiabilitiesEquity Capital | 17 | 18 | 30 | 30 | 30 | 30 | 30 | 30 |
| Reserves | 5.4k | 7.3k | 14.3k | 16.6k | 20.0k | 22.7k | 23.4k | 24.0k |
| Borrowings | 912 | 798 | 258 | 354 | 2.1k | 2.2k | 2.4k | 2.3k |
| Other Liabilities | 2.5k | 2.6k | 6.0k | 6.5k | 5.5k | 5.7k | 6.7k | 10.8k |
| Total Liabilities | 8.8k | 10.7k | 20.6k | 23.5k | 27.5k | 30.6k | 32.5k | 37.1k |
| AssetsFixed Assets | 1.9k | 1.9k | 3.5k | 3.7k | 5.0k | 5.3k | 5.7k | 5.6k |
| CWIP | 59 | 66 | 503 | 902 | 551 | 681 | 619 | 922 |
| Investments | 2.2k | 3.7k | 6.0k | 5.5k | 8.7k | 9.8k | 11.1k | 12.6k |
| Other Assets | 4.6k | 5.0k | 10.5k | 13.4k | 13.3k | 14.8k | 15.1k | 18.0k |
| Total Assets | 8.8k | 10.7k | 20.6k | 23.5k | 27.5k | 30.6k | 32.5k | 37.1k |
| Line item | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | 1.4k | 1.6k | 2.4k | 3.3k | 3.1k | 5.7k | 4.5k | 4.8k |
| Cash from Investing | -749 | -643 | -1.7k | -1.6k | -271 | -3.9k | -1.7k | -1.6k |
| Cash from Financing | -594 | -890 | -509 | -1.7k | -1.9k | -2.3k | -2.6k | -2.9k |
| SummaryCapital Expenditure | — | — | — | — | — | — | — | — |
| Free Cash Flow | 1.2k | 1.4k | 2.1k | 2.2k | 2.2k | 4.8k | 3.6k | 3.9k |
| FCF Margin | — | — | — | — | — | — | — | — |
The Earnings Per Share over the last 12 months.
Your assumption of the company's expected yearly EPS growth (e.g., 6 for 6%).
Pre-filled with the lower of median (33.9×) and current (21.7×) PE — the conservative anchor.
The annualized return you aim to achieve. We solve for the price that delivers it, then compare to today's price.
At 4.2% growth and a 22× exit, ₹3831 only delivers your return if you pay ₹1,997. The price is currently baking in 17% growth.
EPS grows 4.2%/yr for 5 years, then fades to 6% over 2, exits at 22×.
| Year | Growth | EPS (₹) |
|---|---|---|
| FY27 | 4.2% | 183.81 |
| FY28 | 4.2% | 191.53 |
| FY29 | 4.2% | 199.57 |
| FY30 | 4.2% | 207.96 |
| FY31 | 4.2% | 216.69 |
| FY32 | 5.1% ·fade | 227.74 |
| FY33 | 6.0% ·fade | 241.40 |
Methodology: we discount normalized net profit as a proxy for owner earnings (an earnings-power approximation — not full free cash flow). Terminal growth is capped at 6% (≈ nominal GDP) regardless of the required return. This is an analytical tool, not investment advice.
Guides on how to read this kind of business and the numbers that matter.