Research ReportsLTIMindtree Q4 Result Review: IDBI Capital Upgrades Rating To 'Buy', New Strategies Poised For Scalable Growth
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LTIMindtree Q4 Result Review: IDBI Capital Upgrades Rating To 'Buy', New Strategies Poised For Scalable Growth
IDBI Capital believes the transformation journey is at a nascent stage, with long-term tailwinds aligning for sustained revenue acceleration for LTIMindtree.
LTIMindtree remains confident in capitalizing on AI-led demand across service lines, with BFS growth expected to sustain its momentum over the long term.
(Photo Source: NDTV Profit/Vishal Patel)
LTIMindtree has multiple headwinds in margins like calibration of utilization, re-investment in business and increasing depreciation (on account of building office spaces and capabilities around AI/Gen AI). Management would guide the margins in next couple of quarters, till, the brokerage believes, margins to be in the range of 15% -16% for FY26 and FY27.