āagman

Not investment advice. Data and computed figures, for information only.

LTM Ltd

NSE: LTMF&O
₹4,390.00
+₹155.00 (+3.66%)
NSE · 16 Oct 2026, close
NSE
As of 31 Mar 2026
Market Cap
₹1,20,725 Cr
CMP
₹4,390.00
52-wk High / Low
₹4,850 / 3,528
P/E
21.5
P/B
5.0
Book Value
₹810.0
Div Yield
1.84%
ROCE
30.0%
ROE
23.1%
Face Value
₹1
D/E
0.10

Price−1.6% over Max

āagman read

Computed by āagman
Derived from 12 years and 13 quarters of filings. Not reported by the company.
As of 16 Oct 2026
How we compute these
Piotroski F-Score
4
/ 9
4 of 9 F-score tests passed
Graham Number
₹1,756
√(22.5 × EPS × book value per share)
ROIC
18.1%
vs 13.5% sector median
Cash flow to profit
0.96
CFO / PAT
Above 1.0 = operating cash flow exceeded reported profit
Margin change
+100
bps OPM YoY
Operating margin vs the same quarter last year
Sustainable growth
14.0%
ROE × earnings retention ratio
ROE stability
3.0
pp σ
Standard deviation of ROE across periods. Lower = more stable
Holder deltas
QoQ
pp
Prom −0.03FII −0.32DII −0.17
Latest quarter vs the previous one
Cash-accrual divergence
0.5%
of assets
Low = accruals track cash flow
Strengths
+ROCE has stayed above the sector median for 5 consecutive years (weakest: 32% vs the 2024 sector median of 25.5%)
+Price is within 10% of its 52-week high (-9.5%)
+PE of 21.5x is below the sector median of 24.0x
Watch-outs
−Borrowings are up 4100% since FY2016 (55 to 2310)
−Promoter holding fell by 0.2pp over the last year

Peer comparison

Peers
NameP/EMar Cap ₹ CrROCE %ROE %

Quarterly results

Consolidated basis (as filed) · ₹ Cr · 13 quarters
As of 30 Jun 2026
Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales8,7028,9059,0178,8939,1439,4339,6619,7729,84110,39410,78111,29211,608
Expenses7,0677,2747,4327,3577,5367,7348,0688,1768,1918,4648,7789,3199,547
Operating Profit1,6361,6311,5851,5361,6061,6991,5931,5961,6491,9302,0031,9732,061
OPM %18.8%18.3%17.6%17.3%17.6%18.0%16.5%16.3%16.8%18.6%18.6%17.5%17.8%
Other Income132143220208227299212251392300−363237255
Interest46476168727069677269696576
Depreciation185208199227235241264251243282266264261
Profit before tax1,5361,5191,5451,4481,5261,6871,4721,5291,7261,8791,3051,8811,978
Net Profit1,1521,1621,1691,1011,1351,2521,0871,1291,2551,3819601,3871,469
EPS (₹)38.9239.2639.4937.1438.2842.2436.6338.0942.3247.2732.7446.9649.43

Profit & Loss

As of 30 Jun 2026
Consolidated · ₹ Cr · 12 years + TTM
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales4,9785,8466,5017,3069,44610,87912,37026,10933,18335,51738,00842,30844,075
Expenses3,9734,8195,2716,1197,5628,8499,64520,86027,07529,13031,51334,75236,109
Operating Profit1,0051,0281,2301,1871,8832,0292,7255,2496,1086,3876,4957,5557,966
OPM %20.2%17.6%18.9%16.2%19.9%18.7%22.0%20.1%18.4%18.0%17.1%17.9%18.1%
Other Income99187187426302329274766557702990566430
Interest106316118379123150222279276280
Depreciation1581741781561472733325977238199921,0541,072
Profit before tax9361,0351,2361,4422,0282,0032,5885,2945,7926,0496,2146,7917,043
Net Profit7698369711,1121,5161,5201,9383,9504,4104,5854,6024,9835,197
EPS (₹)238.3049.2556.9164.6587.3787.30110.79225.27149.02154.72155.21169.25176.40

Balance Sheet

As of 30 Jun 2026
Consolidated · ₹ Cr
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026Jun 2026
Equity Capital161717171717183030303030—
Reserves2,0102,1083,1273,8434,8765,3877,28614,25816,56219,98822,66923,995—
Borrowings218550009127982583542,0712,1872,310—
Other Liabilities7349581,2731,4771,7702,4992,6046,0276,5355,4565,71210,814—
Total Liabilities2,9783,1374,4175,3376,6648,81510,70620,57223,48127,54430,59837,148—
Fixed Assets6836385426819301,9201,9063,4733,6794,9815,2855,626—
CWIP252017125966503902551681922—
Investments104439411,2641,7402,2193,7306,0485,4588,7449,84512,568—
Other Assets2,1662,4372,9343,3853,9824,6175,00410,54813,44213,26914,78718,033—
Total Assets2,9783,1374,4175,3376,6648,81510,70620,57223,48127,54430,59837,148—

Cash Flows

As of 31 Mar 2026
Consolidated · ₹ Cr
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity6428581,1708441,3951,6442,4003,2513,0955,6704,5464,799
Cash from Investing Activity−103−40−961−452−749−643−1,657−1,643−271−3,918−1,729−1,604
Cash from Financing Activity−497−817−33−408−594−890−509−1,680−1,932−2,269−2,574−2,926
Net Cash Flow422176−1652110234−73892−518242269

Ratios

As of 31 Mar 2026
12 periods
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
ROCE %48.047.046.042.047.037.037.048.038.032.028.030.0
ROE %———————————23.1
EPS (₹)238.3049.2556.9164.6587.3787.30110.79225.27149.02154.72155.21169.25
Book Value (₹)———————————810.0
Face Value (₹)———————————1
P/E———————————21.5
Div Yield %———————————1.84
NPM %15.113.914.514.415.613.615.314.713.112.711.811.6
OPM %20.018.019.016.020.019.022.020.018.018.017.018.0
D/E0.110.030.000.000.000.170.110.020.020.100.100.10
P/B———————————5.0

Growth

As of 11 Oct 2026
Compounded sales growth
10 years+22.0%
5 years+28.0%
3 years+8.0%
TTM+14.0%
Compounded profit growth
10 years+20.0%
5 years+23.0%
3 years+7.0%
TTM+19.0%
Stock price CAGR
10 years+21.0%
5 years−7.0%
3 years−8.0%
Last year−26.0%
Return on equity
10 years27.0%
5 years26.0%
3 years23.0%
Last year23.0%

Shareholding pattern

As of 31 Mar 2026
Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Promoters84.28%84.28%82.96%74.80%74.53%74.27%74.05%68.68%68.60%68.57%68.52%68.49%
FIIs4.76%4.76%6.92%7.71%9.46%13.55%10.08%8.41%7.86%7.00%6.63%6.31%
DIIs2.09%2.09%2.19%7.12%7.19%4.29%7.47%11.61%13.48%15.51%16.90%16.73%
Government0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.05%0.10%0.10%0.10%0.10%
Public8.88%8.88%7.93%10.37%8.81%7.89%8.40%11.22%9.95%8.82%7.82%8.30%
No. of shareholders1,65,9791,65,9791,12,4051,30,6921,35,4421,93,9683,04,6245,72,5455,03,9654,33,3773,75,3513,97,187
Change since Jun 2023 (pp)
Promoters −15.79FIIs +1.55DIIs +14.64Public −0.58

Documents

As of 11 Oct 2026
Announcements
Board Meeting Intimation for Approval Of Financial Results For Q2 FY27 And Interim Dividend, If AnyCompliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseAnnouncement under Regulation 30 (LODR)-Press Release / Media ReleaseAnnouncement under Regulation 30 (LODR)-Press Release / Media Release
Annual reports
Annual Report 2026Annual Report 2025Annual Report 2024Annual Report 2023Annual Report 2022
Credit ratings
Rating updateRating updateRating updateRating updateRating update
Concalls
Jul 2026TranscriptJul 2026PPTJul 2026RecordingJun 2026TranscriptJun 2026PPTMay 2026TranscriptMay 2026PPTMay 2026RecordingApr 2026PPTJan 2026TranscriptJan 2026PPT

Corporate actions

As of 25 May 2026
25 May 2026DIVIDENDDividend - Rs 53 Per Share—
24 Oct 2025DIVIDENDInterim Dividend - Rs 22 Per Share—
23 May 2025DIVIDENDDividend - Rs 45 Per Share—
25 Oct 2024DIVIDENDInterim Dividend - Rs 20 Per Share—
19 Jun 2024DIVIDENDDividend - Rs 45 Per Share—
27 Oct 2023DIVIDENDInterim Dividend - Rs 20 Per Share—
10 Jul 2023DIVIDENDDividend - Rs 40 Per Share—
31 Jan 2023DIVIDENDInterim Dividend - Rs 20 Per Share—
30 Jun 2022DIVIDENDDividend- Rs 30 Per Share—
25 Oct 2021DIVIDEND Interim Dividend - Rs 15 Per Share—
30 Jul 2021DIVIDEND Special Dividend - Rs 10 Per Share—
1 Jul 2021DIVIDEND Dividend - Rs 25 Per Share—
27 Oct 2020DIVIDEND Interim Dividend -Rs 15 Per Share—
9 Jul 2020DIVIDEND Annual General Meeting/Dividend - Rs 15.50 Per Share—
24 Oct 2019DIVIDEND Interim Dividend - Rs 12.50 Per Share—
11 Jul 2019DIVIDEND Dividend - Rs 15.50 Per Share—
31 Oct 2018DIVIDEND Interim Dividend - Rs 12.50 Per Share—
14 Aug 2018DIVIDEND Annual General Meeting/Dividend Rs 13.50 Per Share—
13 Nov 2017DIVIDEND Interim Dividend - Rs 8/- Per Share (Purpose Revised)—
14 Aug 2017DIVIDEND Annual General Meeting/Dividend - Rs 9.70 Per Share—
17 Nov 2016DIVIDEND Interim Dividend Rs 6.85 Per Share (Purpose Revised)—
Fundamentals from a third-party compiler of exchange filings; prices from the exchanges. Not investment advice.© 2026 āagman