LTM share price today

LTM Ltd's share price was ₹4,204.90 at the close on 4 November 2026. It has been falling for 34 weeks. That is 6.2% below its average price over the last 200 trading days. In the last 52 weeks it traded between ₹3,547 and ₹6,308, and at that close it sat 24% of the way up from that low.

A share price tends to move through four phases: moving sideways (stage 1), rising (stage 2), stalling near a high (stage 3) and falling (stage 4). Today LTM Ltd is in stage 4. The phase helps read everything below.

Over the past 13 weeks it has done worse than the NIFTY 500, and it has been behind for 1 week running.

Over the last 10 years the share price moved +501% while the NIFTY 500 moved +200%, so it is ahead of the index over that whole period. It was last ahead over 13 weeks in the week of 30 October 2026. The chart above shows the 13-week comparison for every week.

This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row.

Two changes stood out: revenue up on a year earlier for 12 quarters in a row (every quarter we can compare) and highest quarterly revenue in 16 quarters.

1. Revenue up on a year earlier for 12 quarters in a row (every quarter we can compare)

   In the September 2026 quarter revenue was ₹11,808 crore, +13.6% on a year earlier.

   Why: Revenue rose because AI work grew fast and made up 13.4% of sales.

   Next results: check whether AI deal activity lifts reported revenue.

   From the earnings call on 16 Oct 2026.

2. Highest quarterly revenue in 16 quarters

   Revenue of ₹11,808 crore in the September 2026 quarter is the highest of the last 16 quarters.

For July to September 2026 (the quarter ended 30 September 2026), LTM reported revenue of ₹11,808 crore, up 13.6% from ₹10,394 crore a year earlier, and a profit of ₹1,380 crore, down 0.1% from ₹1,381 crore.

LTM results: July to September 2026 against a year earlier

The next results, for October to December 2026, are due by 14 February 2027: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter).

LTM's management discussed these results on a call held on 16 October 2026; what it said is further down this page.

From the company's reported quarterly results (quarter ended 30 September 2026). Revenue and profit in ₹ crore.

LTM closed at ₹4,204.90 on 4 November 2026, down 24.5% from ₹5,567.50 a year earlier (7 November 2025) and down 37.8% over five years. Its highest weekly close since July 2016 was ₹7,332.00 on 31 December 2021.

LTM share price: then and now

Weekly closing prices. Each change is the move from that price to the 4 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes.

544 weekly closes from 22 July 2016 to 4 November 2026.

4 Nov 2026: LTM closed at ₹4,204.90, down 0.7% on the week and up 4.9% on the month. 23 Oct 2026: ex-date for an interim dividend of ₹25 a share.

Earlier

• 16 Oct 2026: LTM held its results call for July to September 2026. Management guided: H2 FY27 growth stronger than H1.
• Results for July to September 2026: Revenue up 13.6% and profit down 0.1% on a year earlier.
• 25 May 2026: ex-date for a dividend of ₹53 a share.

LTM paid ₹78 a share in regular dividends in the 12 months to 5 November 2026 (2 payments), a yield of 1.85% at the ₹4,204.90 close on 4 November 2026. The last was an interim dividend of ₹25 a share, ex-date 23 October 2026.

LTM dividends since 1 April 2021

Amounts as the company declared them on the NSE. A dividend goes to whoever owns the shares before the ex-date.

Yes. LTM Ltd paid out 44% of its profit as dividends in FY26, and it paid a dividend in each of its last 13 reported years.

From the NSE corporate-actions record, read 5 November 2026.

On the call for July to September 2026, held on 16 October 2026, LTM's management guided: H2 FY27 growth stronger than H1.

“With regard to overall FY27 growth compared with FY26, our endeavor is to work towards coming as close as we can to FY26 growth.”Venu Lambu, on the call for July to September 2026

What management guided

• Q3 and Q4 growth to exceed Q1.
• FY27 growth endeavor is to come as close as possible to FY26.
• FY27 consolidated EBIT margin planned near FY26 levels.
• CBDT revenue to ramp gradually as hardware becomes available.

Management’s own plans and goals, from our notes of the call. A plan is not a result.

Source: the call transcript.

From the call for July to September 2026, 16 October 2026.

When LTM reports October to December 2026, these are the 4 checks that show whether the story is still on course. First: AI-led bookings should convert into faster recognized revenue; check whether deal activity lifts reported growth.

LTM is on 3 of our India lists: Dividend stocks, AI & data centre stocks and IT stocks.

LTM Ltd earned ₹1,380 Cr of net profit in the Sep 2026 quarter, −0.1% on the same quarter a year earlier. Full-year FY26 profit was ₹4,983 Cr. Over 10 years profit has grown 19.5% a year on average. That is 11.7% of the quarter's revenue. The same quarter a year earlier earned ₹1,381 Cr.

Net profit is what is left after every cost, interest and tax. Earnings per share, dividends and book value all grow from it.

For the full year, FY26 profit was ₹4,983 Cr (+8.3% on the year before).

Why profit moved: revenue changed +13.6% on a year earlier and the margin moved −1.0 percentage points. Sales did the work, and the margin was about flat.

On average over the last four quarters, profit changed +7.0% and revenue +14.7%. Profit is growing slower than sales: rising costs are taking part of the growth.

LTM Ltd reported ₹11,808 Cr of revenue in the Sep 2026 quarter, +13.6% on the same quarter a year earlier. That is the 12th quarter in a row with growth on the year before. Over 10 years it has grown 21.9% a year on average. The last full year, FY26, came in at ₹42,308 Cr.

Revenue is everything the company billed its customers in the period.

The last four reported quarters add to ₹45,489 Cr.

FY26 revenue was ₹42,308 Cr, +11.3% on the year before.

Recent pace: the last four quarters grew +14.7% on average, against 21.9% a year over the longer run, so this year is growing slower than its own long-run rate.

Is growth speeding up? Revenue over the last 12 months grew +14.7%, against +11.7% a year over the last 8 quarters (stabilising); profit over the last 12 months grew +7.1%, against +5.6% a year (stabilising).

LTM Ltd's operating margin was 18.0% in the Sep 2026 quarter, 1.0 percentage points lower than the same quarter a year ago. Across 13 years it has been between 16.0% and 23.0%. The latest quarter is within that range.

Operating margin is what is left from every ₹100 of sales after the costs of running the business, before interest and tax. It shows pricing power and cost control.

Why the margin moved: operating margin changed −0.8 percentage points on the year while gross margin changed +0.0 points. So the drop came mostly from costs below the gross margin, such as staff and overheads, measured against sales.

Over the last 3 years, 106% of LTM Ltd's reported profit came in as cash from its operations, so the profit is backed by cash. In FY26 it brought in ₹4,799 Cr of operating cash against ₹4,983 Cr of profit. After ₹1,636 Cr of spending on assets, ₹3,163 Cr was left over as free cash.

The profit and loss account shows what was earned. The cash-flow statement shows the cash that actually came in. Comparing operating cash flow with profit is one of the best checks that a profit is real.

Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year.

Why 106% of profit came in as cash: the cash cycle stayed about the same between FY21 and FY26, so the cash follows profit, not the cycle.

What to look at next: the bigger use of cash is spending on new assets, at 1.7× depreciation over three years. The next section checks what that spending is building.

LTM Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was 64 days in FY26, up from 61 days in FY21. It spent ₹4,832 Cr on assets over the last 3 years.

Working capital is the cash tied up between paying suppliers and getting paid. Debtor days: how long customers take to pay. Inventory days: how long stock sits. The cash cycle: the whole loop, in days of sales.

At FY26 sales of ₹42,308 Cr, each day of that cycle ties up about ₹116 Cr, so roughly ₹7,418 Cr is tied up in the business at any time.

Spending on assets: ₹4,832 Cr over the last 3 years, against ₹2,865 Cr of depreciation (the yearly wear and tear on existing assets). So it is building well beyond replacing what wears out. Work still in progress is ₹922 Cr (FY26): assets paid for that are not earning yet.

In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns.

LTM Ltd's P/E is 22.3×, near the low end of its own history: it has been lower only 34% of the time. Its usual P/E (the middle reading) is 27.5×, over 10 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth.

P/E is the share price divided by a year's profit per share: how many rupees the market pays for each rupee of yearly profit.

The P/E here, and its history, use a profit figure that can leave out one-off items, so it can differ from a P/E worked out on the quarterly results. Those results' earnings per share for the four quarters to Sep 2026 add up to ₹176.26.