LTM Limited Files FY26 Integrated Annual Report; 30th AGM Scheduled for June 1, 2026

4 min read     Updated on 08 May 2026, 02:09 PM
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AI Summary

LTM Limited (formerly LTIMindtree Limited) reported strong FY26 performance with INR 423,076 Million in revenue (+11.3% YoY), PAT of INR 49,827 Million (+8.3%), and EBITDA margin of 17.9%. The company unveiled its 'LTM' brand identity, deployed 1,500+ AI agents, and secured its largest-ever deal. The 30th AGM is scheduled for June 1, 2026, with a recommended final dividend of INR 53 per share, bringing total FY26 dividend to INR 75 per share if approved.

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LTM Limited (formerly LTIMindtree Limited) has filed its Integrated Annual Report for FY26 under Regulation 34 of the SEBI Listing Regulations, dated May 8, 2026. The report covers the company's financial and non-financial performance for the year ended March 31, 2026, and is accompanied by the Notice convening the Thirtieth Annual General Meeting (AGM). The AGM is scheduled for Monday, June 1, 2026, at 11:00 a.m. IST, to be held via Video Conferencing (VC) and Other Audio-Visual Means (OAVM), in compliance with the Companies Act, 2013 and applicable Ministry of Corporate Affairs circulars.

FY26 Financial Performance

LTM Limited delivered strong financial results for FY26, with broad-based growth across verticals and geographies. The following table summarizes key financial metrics:

Metric: FY26 FY25 Change (%)
Revenue (INR): INR 423,076 Million INR 380,081 Million +11.3%
Revenue (USD): USD 4.8 Billion USD 4.5 Billion +6.0%
Profit After Tax: INR 49,827 Million INR 46,020 Million +8.3%
EBITDA Margin: 17.9% 17.1% +80 bps
EBIT Margin: 15.4% 14.5% +90 bps
PAT Margin: 11.8% 12.1% -30 bps
Diluted EPS (INR): INR 169.13 INR 155.00 +9.1%
Order Inflow (USD): USD 6.6 Billion USD 5.99 Billion +10.3%
Cash & Investments: INR 153,801 Million INR 134,328 Million +14.5%
Return on Equity: 21.3% 21.5% -20 bps
Return on Capital Employed: 27.1% 27.2% -10 bps

Revenue growth in constant currency terms stood at 5.3%. The marginal decline in PAT margin was primarily attributed to a one-time provisioning impact of INR 5,281 Million on account of past service costs arising from the enactment of New Labour Codes effective November 21, 2025. Operating cash flow conversion remained robust at 96.3%, and Days Sales Outstanding (DSO) stood at 84 days compared to 79 days in FY25. The current ratio was 2.8 as against 3.5 in the prior year.

Revenue Breakdown by Vertical and Geography

LTM's revenue growth was broad-based across all verticals and geographies. The table below presents the year-on-year revenue change by vertical in USD terms:

Vertical: YoY Growth (USD)
Banking, Financial Services & Insurance: +3.7%
Technology, Media & Communications: -0.7%
Manufacturing & Resources: +12.7%
Consumer Business: +13.2%
Healthcare, Life Sciences & Public Services: +9.6%

Geographically, North America grew by 4.0%, Europe by 12.4%, and Rest of the World by 11.6%. The number of active clients as of March 31, 2026 stood at 751, up from 741 in the prior year, including 125 Fortune 500 organizations, with 79 new clients added during the year.

Strategic Highlights and Brand Transformation

FY26 marked a defining year of transition for the company, which unveiled its new brand identity 'LTM' and positioning as the 'Business Creativity Partner' on February 11, 2026, followed by a formal change of name from LTIMindtree Limited to LTM Limited, effective March 17, 2026. The company accelerated its pivot to an AI-centric organization, anchored by its BlueVerse agentic AI ecosystem. Key operational highlights include:

  • Workforce: Approximately 88,000 employees (87,950 permanent) across 40+ countries; attrition rate declined to 13.3% from 14.4% in FY25
  • Freshers: Over 6,700 freshers onboarded, a 40% jump over FY25
  • AI Deployment: More than 1,500 AI agents deployed; 177+ AI solutions implemented enterprise-wide
  • CSR Spend: INR 960 Million, reaching 1,199,584 beneficiaries
  • Dividend Paid: INR 19,911 Million (FY25: INR 19,246 Million)
  • Green Building Investment: INR 1,840 Million towards facility upgrades
  • R&D Expenditure: INR 1,221 Million (FY25: INR 907 Million)

The company also secured its largest deal in history during FY26 and reported a client satisfaction score of 5.89 out of 7.00 for FY26 (FY25: 5.98).

Dividend and AGM Details

The Board of Directors, at its meeting held on April 23, 2026, recommended a final dividend of INR 53 per equity share of face value INR 1 each, subject to member approval at the AGM. An interim dividend of INR 22 per share was already paid during the year, bringing the total dividend for FY26 to INR 75 per equity share, if the final dividend is approved. The following table summarizes the key AGM and dividend-related dates:

Event: Details
Board Meeting (Dividend Recommended): April 23, 2026
Record Date: Monday, May 25, 2026
AGM Date & Time: June 1, 2026, 11:00 a.m. IST
AGM Mode: Video Conferencing / OAVM
Interim Dividend Paid: INR 22 per share
Final Dividend Recommended: INR 53 per share
Total Dividend for FY26: INR 75 per share (if approved)
Dividend Payment Deadline: Within 10 days of AGM declaration

Dividend income is taxable in the hands of members, and LTM Limited is required to deduct tax at source (TDS) at prescribed rates. Members holding shares in physical form are advised to submit KYC details, including PAN and bank account information, by the Record Date to ensure electronic payment of dividends.

Credit Ratings and Governance

CRISIL and India Ratings & Research have reaffirmed the company's ratings at AAA/Stable for long-term facilities and A1+ for short-term facilities, reflecting the highest level of credit quality on the Indian rating scale. The Board approved the Integrated Annual Report 2025-26 on April 23, 2026. The report aligns with the International Integrated Reporting Council (IIRC) framework, UN Sustainable Development Goals, and SEBI's Listing Obligations and Disclosure Requirements Regulations, 2015.

Source: None/Company/INE214T01019/c474afa6-d705-49e0-8168-d44c75a05469.pdf

Historical Stock Returns for LTM

1 Day5 Days1 Month6 Months1 Year5 Years
+2.35%+1.88%-2.09%-21.87%-4.59%+15.42%

How will LTM's BlueVerse agentic AI ecosystem translate into measurable revenue contribution in FY27, and could AI-driven services become a distinct reportable segment?

Given that the Technology, Media & Communications vertical declined 0.7% in FY26, what strategic initiatives is LTM pursuing to reverse this trend amid ongoing client budget pressures in that sector?

With DSO rising to 84 days from 79 days and the current ratio declining from 3.5 to 2.8, could working capital deterioration pose a risk to LTM's historically strong cash conversion in FY27?

LTM Limited and Uniphore Partner to Scale Domain-Specific AI Across Core Business Processes

2 min read     Updated on 05 May 2026, 12:26 PM
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Naman SScanX News Team
AI Summary

LTM Limited (formerly LTIMindtree) and Uniphore have announced a strategic partnership to jointly develop industry-specific AI solutions combining small language models, AI agents, and domain expertise. Uniphore's Business AI Cloud will power LTM's BlueVerse™ ecosystem, with an initial focus on BFSI, manufacturing, and media and entertainment, targeting workflows such as FP&A, contract intelligence, and contact center operations. The collaboration aims to commercialize purpose-built AI solutions and expand to additional industries over time.

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LTIMindtree — now operating as LTM Limited (formerly LTIMindtree Limited) — has announced a strategic partnership with Uniphore, the Business AI Company, focused on the joint development of industry- and domain-specific AI solutions. The collaboration combines small language models (SLMs), AI agents, and deep domain expertise to deliver purpose-built AI capabilities across core enterprise workflows.

Strategic Partnership Details

Under this partnership, Uniphore's Business AI Cloud will power LTM's BlueVerse™ ecosystem and global delivery, unifying enterprise data, models, and AI agents on a secure, sovereign platform. LTM will drive industry expertise, client implementation, and AI-led transformation, while Uniphore provides the foundation for building and fine-tuning domain-specific SLMs. LTM will also deploy Uniphore's platform in its own internal transformation, enabling faster and more effective implementation timelines for clients.

Parameter: Details
Partnership: LTM Limited and Uniphore
Focus Area: Domain-Specific AI — SLMs and AI Agents
Platform Integration: Uniphore's Business AI Cloud + LTM's BlueVerse™
Initial Industry Focus: BFSI, Manufacturing, Media & Entertainment
Key Workflows: FP&A, Contract Intelligence, Outbound Logistics, Workforce Transformation, Contact Center Operations
Nature of Collaboration: Joint Development, Commercialization & Continuous Refinement

Industry Focus and Use Cases

The partnership will initially concentrate on three key sectors — banking, financial services, and insurance (BFSI), manufacturing, and media and entertainment. Within these industries, the companies will co-develop solutions targeting workflows such as financial planning and analysis (FP&A), contract intelligence, outbound logistics, workforce transformation, and contact center operations. As AI adoption matures, enterprises are increasingly shifting to smaller, purpose-built models and agents for greater precision and control, and this partnership is designed to address that need with governance, security, and compliance built in by design.

Leadership Perspectives

Senior executives from both organizations highlighted the strategic rationale behind the collaboration.

"The world's largest enterprises want AI that delivers real business impact in their core workflows. LTM shares this vision with us. They had already started the journey with BlueVerse™. We are excited to accelerate it by combining Uniphore's Business AI Cloud with LTM's deep transformation expertise and global delivery scale. Together, we will turn enterprise data, knowledge, and intent into measurable business outcomes where it matters most."Umesh Sachdev, CEO and Co-founder, Uniphore

"The real value of AI lies in applying it to industry-specific and domain-led solutions that drive customer business results. This partnership strengthens our ability to move AI from intent to execution across critical business domains and workflows. It reflects our continued focus on scale, reliability and delivering outcomes that matter to our clients."Venu Lambu, CEO and Managing Director, LTM

Path Forward

LTM and Uniphore will work together to commercialize these solutions and drive long-term customer adoption. The partnership will foster ongoing collaboration on development, delivery, and continuous refinement as the companies scale the offering. Over time, they plan to expand the approach to additional industries and processes, reinforcing LTM's growing ecosystem of AI partnerships aimed at delivering differentiated value to its global client base.

Historical Stock Returns for LTM

1 Day5 Days1 Month6 Months1 Year5 Years
+2.35%+1.88%-2.09%-21.87%-4.59%+15.42%

How might LTM's deployment of Uniphore's platform internally accelerate client adoption timelines compared to traditional AI implementation cycles in the IT services industry?

As enterprises increasingly shift toward smaller, purpose-built AI models, how could this partnership affect LTM's competitive positioning against larger hyperscaler-backed AI offerings from rivals like Infosys and TCS?

Which additional industries beyond BFSI, manufacturing, and media & entertainment are most likely to be prioritized in the next phase of expansion, given LTM's existing client portfolio?

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