LTM’s Global Edge

LTM stands out as one of the most export-heavy Indian IT names, with over 94% of revenue coming from overseas markets, mainly North America at 73.4% and Europe at 14.9%. For shareholders, this is a major strength because it gives the company direct access to large digital spending trends in AI, cloud, cybersecurity, and modernization. In FY26, LTM reported revenue of Rs 423.1 billion, up 11.3% year-on-year, EBITDA of about Rs 75.6 billion with a 17.9% margin, and net profit of Rs 49.8 billion. It also said revenue in USD terms was about USD 4,763.8 million, which shows the scale of its global business. This overseas focus is beneficial when global tech spending is strong, because LTM can grow faster than a domestically dependent company. It also gives the company a wider client base across 42 countries and 5 continents, which reduces dependence on any single market. But the same exposure can hurt shareholders if the US or Europe slows down, because demand from those regions drives most of its earnings. Currency swings can also create volatility in reported numbers, so the stock may react sharply to external macro changes. LTM is also trying to strengthen its position through its AI-led strategy and the proposed acquisition of Randstad’s European and Australian IT services business for €160 million, which brings over US$500 million in annual revenue. If executed well, this could improve geographic balance and add new client relationships, which would be positive for long-term shareholder value.