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LTIMindtree Valuation Multiples

Discover LTIMindtree's revenue and EBITDA valuation multiples, acquisitions, and investment history, alongside public comparables like Elm, Tech Mahindra, CGI, Samsung SDS and more.

LTIMindtree Overview

About LTIMindtree

LTIMindtree Ltd is a world-wide technology consulting and digital solutions company that enables enterprises across industries to reimagine business models, accelerate innovation, and maximize growth by harnessing digital technologies. The company's segment includes Banking, Financial Services and Insurance; Technology, Media & Communications; Manufacturing and Resources; Consumer Business; and Healthcare, Life sciences & Public Services. It derives maximum revenue from Banking, Financial Services and Insurance segment. Geographically, the company operates in North America, Europe, and Rest of the World.


Founded

1996

HQ

India

Employees

81.7K

Financials (LTM)

Revenue: $5B
EBITDA: $821M

EV

$14B

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LTIMindtree Financials

LTIMindtree reported last 12-month revenue of $5B and EBITDA of $821M.

In the same LTM period, LTIMindtree generated $1B in gross profit, $821M in EBITDA, and $554M in net income.

Revenue (LTM)


LTIMindtree P&L

In the most recent fiscal year, LTIMindtree reported revenue of - and net income of -.

See analyst estimates for LTIMindtree
LTM2025202620272028
Revenue$5B$4B
Gross Profit$1B$1B
Gross Margin29%29%
EBITDA$821M$803M
EBITDA Margin18%18%
EBIT Margin15%15%
Net Profit$554M$533M
Net Margin12%12%

Financial data powered by Morningstar, Inc.

LTIMindtree Stock Performance

LTIMindtree has current market cap of $15B, and enterprise value of $14B.


LTIMindtree's stock price is $50.20.

See more trading valuation data for LTIMindtree
EVMarket CapPrice 1DPrice 1MPrice 3MPrice 12MEPS
$14B$15B0.0%----

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LTIMindtree Valuation Multiples

LTIMindtree trades at 3.0x EV/Revenue multiple, and 16.5x EV/EBITDA.

See NTM and 2027E valuation multiples for LTIMindtree

LTIMindtree Financial Valuation Multiples

As of June 3, 2026, LTIMindtree has market cap of $15B and EV of $14B.

LTIMindtree has a P/E ratio of 26.9x.

LTM2025202620272028
EV/Revenue3.0x3.0x
EV/EBITDA16.5x16.9x
EV/EBIT19.2x19.6x
EV/Gross Profit10.0x10.3x
P/E26.9x27.9x
EV/FCF28.5x29.1x

Multiples above and below 250x are considered non-meaningful (n/m). Valuation data powered by FactSet, Inc. and Morningstar, Inc.

Verified LTIMindtree Valuation Multiples

Access all public comps and forward-looking valuation multiples like EV/Revenue in 2027, based on consensus analyst estimates. Powered by FactSet and Morningstar.

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LTIMindtree Margins & Growth Rates

See estimated margins and future growth rates for LTIMindtree

LTIMindtree Margins

20252026202720282029
Gross Margin29%30%
EBITDA Margin18%18%
EBIT Margin15%16%
Net Margin12%13%
FCF Margin10%10%

LTIMindtree Growth Rates

25/2626/2727/2828/29
Revenue Growth8%
Gross Profit Growth13%
EBITDA Growth9%
EBIT Growth10%
Net Profit Growth16%
FCF Growth8%

Data powered by FactSet, Inc. and Morningstar, Inc.

LTIMindtree Operational KPIs

LTIMindtree's Rule of 40 is 26% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).

LTIMindtree's Rule of X is 39% (created by Bessemer, Rule of X is another metric to measure SaaS companies, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).

Access forward-looking KPIs for LTIMindtree
LTMLast FY202620272028
Rule of 4029%26%
Bessemer Rule of X45%39%

Data powered by FactSet, Inc. and Morningstar, Inc.

Valuation Multiples Across 230+ Verticals

LTIMindtree Competitors

LTIMindtree competitors include Elm, Tech Mahindra, CGI, Samsung SDS, Leidos, Applied Digital, LTM Ltd, Hyundai Autoever, Unisplendour and CDW.

Most LTIMindtree public comparables operate across IT Consulting.

EV/RevenueEV/EBITDA
Last FYLTM2027ELast FYLTM2027E
Elm5.6x5.3x21.3x21.4x
Tech Mahindra2.3x2.3x14.4x13.9x
CGI1.5x1.5x7.5x7.3x
Samsung SDS1.2x1.2x10.0x11.2x
Leidos1.2x1.3x9.0x9.2x
Applied Digital102.5x35.5x752.7x157.4x
LTM Ltd2.7x2.7x14.5x14.9x
Hyundai Autoever5.4x5.3x54.3x52.2x

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Acquisitions by LTIMindtree

LTIMindtree has acquired 2 companies to date.

Last acquisition by LTIMindtree was on May 6th 2022. LTIMindtree acquired L&T Infotech for $4B (EV/Revenue multiple available to Pro users).

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Latest Acquisitions by LTIMindtree

L&T Infotech
MindTree
Description
L&T Infotech is a Mumbai-headquartered global technology consulting firm with delivery centers in 27 countries, serving over 250 clients in banking, healthcare, manufacturing, and energy sectors. The company accelerates digital transformation through its Mosaic platform, supporting mobile applications, social media integrations, analytics, IoT, and cloud migrations. As the IT arm of Larsen & Toubro Group since 1997, it employs expertise in enterprise solutions for North America, Europe, and Asia.
Mindtree is a Bengaluru-headquartered IT services and consulting company specializing in digital transformation, cloud migration, cybersecurity, and data analytics. It delivers solutions for agile development, testing, and enterprise modernization to clients worldwide. Notable partnerships include Microsoft, AWS, and SAP, with projects for global banks, retailers, and manufacturers. Founded in 1999, Mindtree operates from 18 countries and merged with LTI in 2022 to form LTIMindtree, strengthening its position in application development and infrastructure management services.
HQ CountryUnited StatesIndia
HQ City
Edison, NJ
Bangalore
Deal Date6 May 20226 May 2022
Valuation$4B$4B
EV/Revenue
EV/EBITDA

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Investments by LTIMindtree

LTIMindtree has invested in 1 company to date.

Latest investment by LTIMindtree was on December 3rd 2024. LTIMindtree invested in Voicing AI in their $10M Strategic investment round (EV/Revenue multiple available to Pro users).

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Latest Investments by LTIMindtree

Voicing AI
Description
Voicing AI is a provider of Agentic AI systems that automate inbound and outbound customer calls using industry-specific training data. Its platform handles sectors such as retail, healthcare, and telecommunications to improve customer experience through scripted interactions, sentiment analysis, and real-time decision-making during phone conversations.
HQ CountryUnited Kingdom
HQ City
-
Deal Date3 Dec 2024
RoundStrategic investment
Raised$10M
InvestorsLTIMindtree
Valuationundisclosed
EV/Revenue
EV/EBITDA

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About LTIMindtree

When was LTIMindtree founded?LTIMindtree was founded in 1996.
Where is LTIMindtree headquartered?LTIMindtree is headquartered in India.
How many employees does LTIMindtree have?As of today, LTIMindtree has over 81K employees.
Is LTIMindtree publicly listed?Yes, LTIMindtree is a public company listed on National Stock Exchange of India.
What is the stock symbol of LTIMindtree?LTIMindtree trades under LTIM ticker.
When did LTIMindtree go public?LTIMindtree went public in 2016.
Who are competitors of LTIMindtree?LTIMindtree main competitors include Elm, Tech Mahindra, CGI, Samsung SDS, Leidos, Applied Digital, LTM Ltd, Hyundai Autoever, Unisplendour, CDW.
What is the current market cap of LTIMindtree?LTIMindtree's current market cap is $15B.
What is the current revenue of LTIMindtree?LTIMindtree's last 12 months revenue is $5B.
What is the current revenue growth of LTIMindtree?LTIMindtree revenue growth (NTM/LTM) is 11%.
What is the current EV/Revenue multiple of LTIMindtree?Current revenue multiple of LTIMindtree is 3.0x.
What is the current EBITDA of LTIMindtree?LTIMindtree's last 12 months EBITDA is $821M.
What is LTIMindtree's EBITDA margin?LTIMindtree's last 12 months EBITDA margin is 18%.
What is the current EV/EBITDA multiple of LTIMindtree?Current EBITDA multiple of LTIMindtree is 16.5x.
What is the current FCF of LTIMindtree?LTIMindtree's last 12 months FCF is $476M.
What is LTIMindtree's FCF margin?LTIMindtree's last 12 months FCF margin is 10%.
What is the current EV/FCF multiple of LTIMindtree?Current FCF multiple of LTIMindtree is 28.5x.
How many companies LTIMindtree has acquired to date?As of June 2026, LTIMindtree has acquired 2 companies.
What was the largest acquisition by LTIMindtree?$4B acquisition of L&T Infotech on 6th May 2022 was the largest M&A LTIMindtree has done to date.
What companies LTIMindtree acquired?LTIMindtree acquired L&T Infotech and MindTree.
In how many companies LTIMindtree has invested to date?As of June 2026, LTIMindtree has invested in 1 company.
What was the last LTIMindtree investment?On 3rd December 2024 LTIMindtree invested in Voicing AI, participating in a $10M Strategic investment round.
In what companies LTIMindtree invested in?LTIMindtree invested in Voicing AI.

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