This company, which provides IT services, jumped by 7% on Monday’s trading session after the company announced that it had bagged the largest deal, worth Rs 3,816 crores, in its history. In this article, we will dive into it.
With a market capitalization of Rs 1,46,454 crores, the shares of LTIMindtree Ltd are currently trading at Rs 4,943 per share, down by 27 percent from its 52-week high of Rs 6,767.95 per share. In the last year, the stock has delivered a positive return of 7.71 percent.
About the order
On Monday, LTIMindtree announced that it has secured the largest deal in its history spanning a life of seven years, which amounts to $450 million (Rs 3,816 crore) It announced that it has secured a strategic agreement with a leader in the global agribusiness sector. As part of this transaction, LTIMindtree will deploy an AI-driven operating model to drive application management, infrastructure support, and cybersecurity services.
This robust suite of future-ready IT services, built on platforms such as SAP S/4HANA, ServiceNow, Microsoft Azure, as well as proprietary AI platforms, is designed to improve the client’s operational effectiveness, scalability, and global expansion.
Adding to this, the CEO and Whole Time Director stated that, “Securing this large deal marks a pivotal milestone as we transform to an AI-driven business model, helping our clients enhance productivity.”
Financial Highlights
LTIMindtree reported a revenue of Rs 38,008 crores in FY25, up by 7 percent from its FY24 revenue of Rs 35,517 crores. It posted a net profit of Rs 4,602 crores in FY25, up by 0.37 percent, from its FY24 net profit of Rs 4,585 crores.
It has an ROE and ROCE of 21.53 percent and 27.63 percent respectively and is currently trading at a P/E of 31.84x as compared to its industry average of 29.78x.
Written by Satyajeet Mukherjee
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