Latest news with #LTIM
Time of India
25-04-2025
- Business
- Time of India
Tata Consumer, Bajaj Housing Finance & more: Top stocks on brokers' radar for April 25
Representative image Citigroup has given a 'buy' rating on Divis Laboratories with the target price at Rs 7,050. Analysts feel the company has high potential to become the primary supplier given capacity addition. Orforglipron, Eli Lilly's potential best-in-class oral GLP-1, is the next addition in Divi's pipeline. They expect more rounds of capex with scale up in products. The stock is the top pharma pick. CLSA has a 'hold' call on Tata Consumer with a target price of Rs 1,044. Analysts said Jan-March net sales was up 17% on the year which was broadly in-line, along with the company's gross profit. However, gross margin missed guidance due to high input costs while EBITDA was below estimates due to higher other expenses. ICICI Securities has retained its 'hold' rating on LTIMindtree with a revised target price of Rs 4,410. Analysts said LTIM reported muted performance for Jan-March with lower revenue growth. Slower growth came on the back of delayed ramp-up and deferral of deals, ramp-down in healthcare vertical, top-5 clients' revenue declining from AI-led gain sharing. LTIM expects the deferred deals to come through in the current quarter. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Trade Bitcoin & Ethereum – No Wallet Needed! IC Markets Start Now Undo CEO designate's three-pronged strategic emphasis on efficiency is expected to improve margin. HSBC has a 'reduce' call on Bajaj Housing Finance with the target price at Rs 100. Analysts said the housing finance company's quarterly AUM growth was healthy but high cost ratio and yield compression due to competition were drags on its results. They expect EPS growth to slow due to pressure on AUM growth, NIM compression, and normalisation of credit costs. Nomura has given a 'buy' rating on Anant Raj Industries but with a lowered target price at Rs 700 due to reduced fund-raising visibility. Analysts feel the stock is still an attractive bet despite a more conservative stance on the data center segment. They said internal accruals would fund 50% of the company's capex requirement. It has got a robust residential launch pipeline for FY26. Stay informed with the latest business news, updates on bank holidays and public holidays . Master Value & Valuation with ET! Learn to invest smartly & decode financials. Limited seats at 33% off – Enroll now!
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Business Standard
24-04-2025
- Business
- Business Standard
Analysts cut LTIMindtree share price target after Q4 nos; details here
LTIMindtree shares today climbed 1 per cent in early deals to hit a high of ₹4,585 per share. They, however, gave up gains and hit a low of ₹4,450 per share in the intraday trade LTIMindtree share price today: Factoring-in a weak March 2025 quarter, analysts have cut LTIMindtree share price target for the next one year. They, now, see up to 14.5 per cent upside in the information technology (IT) stock. "While our financial year 2025-26 (FY26) estimates remain largely unchanged for LTIMindtree, we lower our FY27 earnings per share (EPS) estimate by around 5 per cent to account for the current macroeconomic headwinds. We now value LTIMindtree stock at 26x FY27E EPS (lower from 30x), leading to a revised target price of ₹5,150," said analysts at Motilal Oswal Financial Services on LTIM. Meanwhile, on the bourses, LTIMindtree shares today climbed 1 per cent in early deals to hit a high of ₹4,585 per share. They, however, gave up gains and hit a low of ₹4,450 per share in the intraday trade. By comparison, the BSE Sensex index today is trading lower by 0.25 per cent at 10:55 AM. LTIMindtree share: Should you buy, sell or hold? Nuvama Institutional Equities on LTIMindtree share Nuvama Institutional Equities has cut LTIMindtree share price target to ₹5,200 from ₹5,350 as the IT company saw a weak revenue growth momentum in H2FY25 amid macro uncertainties, delayed deal execution and client-specific challenges. However, the brokerage maintained its 'Buy' rating on the stock as the management expects margins to improve from Q1FY26, driven by efficiency measures. Venu Lambu, the CEO-designate, highlighted key strategic initiatives such as sales transformation, revenue maximisation, and profitability enhancement by re-baselining of operational costs. "LTIM is now in a unique position, wherein it is likely to deliver modest, but higher earnings growth than large-cap peers, while being available at a valuation similar to them. We continue to like the company, its strong delivery capabilities & clientele, and strong positioning in key verticals," it said. Motilal Oswal says 'Buy' LTIMindtree stock MOFSL maintained its 'Buy' rating on LTIM stock, supported by its capabilities in data engineering and ERP modernisation. The current stock price, analysts said, offers attractive valuation comfort. Emkay Global Financial Services reviews LTIMindtree results The brokerage has retained its 'Add' rating on the stock, but cut share target price ₹4,800, valuing the stock at 24x (earlier 25x) Mar-27E EPS. The brokerage liked LTIMindtree's healthy deal intake, BFSI, and Manufacturing momentum in Q4FY25. What it did not like was a miss on operating performance, and a weak cash conversion rate. HDFC Securities sees 'gradual growth progression' in LTIMindtree The key focus of the new CEO (designate) will be on sales transformation, which will involve simplifying the sales structure, strengthening leadership, reimagining value creation with partners and customers, and exploring new sales models for the AI economy. The deal pipeline, the brokerage believes, remains robust, with healthy order inflows in Q4 and FY25, and sustained order book momentum likely to carry in FY26. It has cut LTIMindtree revenue and EPS estimates by 3-4 per cent, but maintained 'Add' on LTIM stock on a lowered share price target of ₹5,100. LTIMindtree Q4 results 2025 LTIMindtree reported a net profit of ₹1,120 crore in Q4FY25, up 3.9 per cent quarter-on-quarter (Q-o-Q) and 2.5 per cent year-on-year (Y-o-Y). The IT company posted a revenue of $1.1 billion, down 0.6 per cent Q-o-Q in constant currency (CC). Further, reported Dollar revenue was down 0.7 per cent Q-o-Q, but up 5.8 per cent Y-o-Y. Segment-wise, Manufacturing & Resources grew 2.3 per cent Q-o-Q and BFSI was up 1.2 per cent Q-o-Q. HiTech was down 1.5 per cent Q-o-Q, while Retail/Life Sciences declined 2.4 per cent/14 per cent Q-o-Q. LTIMindtree noted an order inflows of $1.6 billion, down ~4.7 per cent Q-o-Q. FY25 order book stood at $6 billion. About LTIMindtree LTIMindtree is a merged entity, formed after the merger of LTI and Mindtree. The company posted a net profit of ₹4,600 crore for FY25, with a revenue of $4.5 billion. Its client portfolio includes more than 700 clients with overlapping limited to just 10-12 clients. LTIMindtree has 84,307 employees in more than 30 countries.
Economic Times
23-04-2025
- Business
- Economic Times
LTIMindtree announces Rs 45 per share final dividend
LTIMindtree on Wednesday announced a final dividend of Rs 45 per equity share as the company announced its March quarter earnings where the IT services company reported a 2.5% growth in its net profit at Rs 1,129 crore versus 1,101 crore reported in the year ago period. The revenue in Q4FY25 stood at Rs 9,772 crore, registering a 10% YoY growth versus Rs 8,893 crore in the corresponding quarter of the previous financial year. ADVERTISEMENT On a sequential basis, the net profit grew 3.9% while revenue saw a modest 1.1% uptick. The US dollar revenue stood at $1,131.0 million which was a 0.7% QoQ decline while a 5.8% YoY uptick. Meanwhile, the net profit stood at $130.6 million, gaining 2% QoQ but falling 1.4% on the YoY basis. The operating margin expressed as EBIT stood at 13.8%. The company reported 741 active clients as of March 31, 2025 with $5 million+ clients increasing by 1 on a YoY basis taking the total to 154. As for $50 million+ clients, the count increased by 1 on a YoY basis taking the total to 14. Commenting on the earnings, Debashis Chatterjee, Chief Executive Officer and Managing Director said that the company concluded FY25 with a revenue growth of 5% in constant currency terms and an EBIT margin of 14.5%. "Our key verticals and a major geography drove our yearly growth despite an ongoing challenging macro environment. The robust order inflow, driven by a significant array of AI-led deal wins, illustrates the pervasive integration of AI across our service offerings," he said. ADVERTISEMENT "Venu Lambu's transition to LTIMindtree has been seamless and supports our strategic goals. His growing understanding of the organisation, combined with our ability to secure large deals, strong presence in tech-intensive sectors, and robust balance sheet, positions us well to leverage the opportunities ahead of us,' he earnings were announced after market hours and LTIMindtree shares today ended at Rs 4,537.90 on the NSE, up by Rs 217.50 or 5.03%. ADVERTISEMENT Prior to this, LTIM had declared an interim dividend of Rs 20. Read More: LTIMindtree Q4 Results: PAT rises 2% YoY to Rs 1,129 crore; Rs 45 per share dividend declared (Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the Economic Times) (You can now subscribe to our ETMarkets WhatsApp channel)
