LTIM

Fundamental Analysis

is a global IT services and consulting firm offering end-to-end digital and technology solutions, including application development, enterprise solutions, infrastructure management, AI, analytics, and testing. It caters to a broad spectrum of industries, with BFSI contributing the largest share (36%) to its revenue, followed by Technology, Media & Communications (24%) and Manufacturing (19%). Geographically, North America remains its dominant market, accounting for 75% of revenue in Q3 FY25. LTI operates delivery and development centers globally and recently launched a Cyber Defense Resiliency Center in Bengaluru to enhance AI-driven cyber threat detection capabilities. The company serves over 700 clients across 38 countries and has shown growth in high-value client relationships, with 90 clients contributing $10Mn+ annually. Its client concentration is moderate, with the top 5 clients accounting for 28% of revenue. In Q3 FY25, LTI secured several strategic deals across sectors like manufacturing, insurance, and energy, showcasing its strength in AI-driven transformation. The company also maintains robust partnerships with tech giants like Microsoft, SAP, Google Cloud, and IBM. It employs 86,800 people and has increased utilization to 85%, supported by a focus on operational efficiency and digital transformation services.