LTM share price has shown positive momentum, rising 0.41% to ₹4,069 from the previous close of ₹4,052.70 as of June 4, 2026. The stock has demonstrated strong weekly performance with a 2.02% gain over the past week. According to latest market data, the company's market capitalization stands at ₹1,20,542 crore, reflecting its position as a large-cap IT consulting and software company. The stock has traded within a 52-week range of ₹3,901 to ₹6,429.50, with the current price near the upper end of this range. Technical indicators show a Price to Earnings Ratio of 65.44x and a Return on Capital Employed (ROCE) of 74.69%, both indicating strong market performance and capital efficiency.
ICICI Securities has maintained a hold rating on LTM with a target price of ₹4200 in its research report dated June 3, 2026. According to the brokerage's analysis, the company is positioned for growth despite current sector challenges, with the target price based on a valuation of 19x FY28E earnings. The latest share price movement suggests positive market sentiment toward the company's growth prospects and strategic initiatives, supported by strong technical indicators showing bullish Ultimate Oscillator (7,14,28) at 74.69%.
LTM has set ambitious targets for revenue growth, aiming for 2x growth over FY26-31, representing a 15% CAGR compared to 6% YoY growth achieved in FY26. As reported by ICICI Securities, the company is experiencing 20-25% deflation in traditional IT Services, which is being offset by vendor consolidation and new AI-led spending opportunities. The company has successfully secured 10 large deals in FY26, representing a 100% YoY increase and strengthening its AI business revenue stream.
LTM has outlined plans for 200 basis points improvement in EBIT margin over FY26-31, factoring in several key initiatives. According to ICICI Securities, these improvements will be driven by the de-linking of revenue and headcount growth (expecting approximately 1.4x headcount growth over FY26-31), SG&A leverage, and AI productivity gains. The margin expansion strategy is contingent on achieving the targeted revenue growth levels.
The company has achieved a significant milestone by becoming debt-free for the first time in five years, as reported in the latest financial data. LTM's annual revenue growth of 11.29% has outperformed its 3-year CAGR of 8.67%, demonstrating strong operational momentum. Recent financial results show total income of ₹11,466.40 crore for March 2026, with EBIT of ₹1,946.30 crore and profit after tax of ₹1,392.30 crore. The company maintains a PE ratio of 23.95 and PB ratio of 4.98, reflecting its market position and growth prospects.
