LTIMindtree Limited (LTM) - Net Assets

Latest as of December 2025: Rs237.67 Billion INR ≈ $2.57 Billion USD

Based on the latest financial reports, LTIMindtree Limited (LTM) has net assets worth Rs237.67 Billion INR (≈ $2.57 Billion USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs342.88 Billion ≈ $3.71 Billion USD) and total liabilities (Rs105.22 Billion ≈ $1.14 Billion USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check LTIMindtree Limited (LTM) liquid assets ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	Rs237.67 Billion
% of Total Assets	69.31%
Annual Growth Rate	23.86%
5-Year Change	210.81%
10-Year Change	968.78%
Growth Volatility	22.64

LTIMindtree Limited - Net Assets Trend (2011–2025)

This chart illustrates how LTIMindtree Limited's net assets have evolved over time, based on quarterly financial data. Also explore LTIMindtree Limited asset portfolio for the complete picture of this company's asset base.

Annual Net Assets for LTIMindtree Limited (2011–2025)

The table below shows the annual net assets of LTIMindtree Limited from 2011 to 2025. For live valuation and market cap data, see LTIMindtree Limited market capitalisation.

Year	Net Assets	Change
2025-03-31	Rs227.12 Billion ≈ $2.46 Billion	+13.41%
2024-03-31	Rs200.26 Billion ≈ $2.17 Billion	+20.65%
2023-03-31	Rs165.99 Billion ≈ $1.80 Billion	+16.14%
2022-03-31	Rs142.93 Billion ≈ $1.55 Billion	+95.60%
2021-03-31	Rs73.07 Billion ≈ $790.24 Million	+35.19%
2020-03-31	Rs54.05 Billion ≈ $584.54 Million	+10.43%
2019-03-31	Rs48.95 Billion ≈ $529.33 Million	+26.77%
2018-03-31	Rs38.61 Billion ≈ $417.56 Million	+22.77%
2017-03-31	Rs31.45 Billion ≈ $340.13 Million	+48.00%
2016-03-31	Rs21.25 Billion ≈ $229.81 Million	+7.64%
2015-03-31	Rs19.74 Billion ≈ $213.50 Million	+22.58%
2014-03-31	Rs16.10 Billion ≈ $174.17 Million	+20.28%
2013-03-31	Rs13.39 Billion ≈ $144.80 Million	+21.13%
2012-03-31	Rs11.05 Billion ≈ $119.54 Million	-2.68%
2011-03-31	Rs11.36 Billion ≈ $122.83 Million	--

Equity Component Analysis

This analysis shows how different components contribute to LTIMindtree Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.

Equity Composition Insights

Retained earnings have grown by 2579.3% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (March 2025)

Component	Amount	Percentage
Retained Earnings	Rs209.66 Billion	92.37%
Common Stock	Rs296.00 Million	0.13%
Other Components	Rs17.03 Billion	7.50%
Total Equity	Rs226.98 Billion	100.00%

LTIMindtree Limited Competitors by Market Cap

The table below lists competitors of LTIMindtree Limited ranked by their market capitalization.

Company	Market Cap
HDFC Life Insurance Company Limited NSE:HDFCLIFE	$13.69 Billion
Union Bank of India NSE:UNIONBANK	$13.70 Billion
SK Telecom Co Ltd ADR NYSE:SKM	$13.71 Billion
SK Telecom Co Ltd KO:017670	$13.73 Billion
Reinsurance Group of America NYSE:RGA	$13.66 Billion
Gjensidige Forsikring ASA OL:GJF	$13.66 Billion
CVC Capital Partners PLC AS:CVC	$13.65 Billion
Ecopro BM. Co. Ltd KQ:247540	$13.64 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in LTIMindtree Limited's equity between the two most recent reporting periods.

Equity Growth Insights

From 2024 to 2025, total equity changed from 200,172,000,000 to 226,983,000,000, a change of 26,811,000,000 (13.4%).
Net income of 45,987,000,000 contributed positively to equity growth.
Dividend payments of 19,246,000,000 reduced retained earnings.
New share issuances of 35,000,000 increased equity.
Other comprehensive income decreased equity by 7,571,000,000.
Other factors increased equity by 7,606,000,000.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	Rs45.99 Billion	+20.26%
Dividends Paid	Rs19.25 Billion	-8.48%
Share Issuances	Rs35.00 Million	+0.02%
Other Comprehensive Income	Rs-7.57 Billion	-3.34%
Other Changes	Rs7.61 Billion	+3.35%
Total Change	Rs-	13.39%

Book Value vs Market Value Analysis

This analysis compares LTIMindtree Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.

Valuation Insights

Current price-to-book ratio: 5.58x
The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
The price-to-book ratio has decreased from 60.62x to 5.58x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2011-03-31	Rs70.44	Rs4269.60	x
2012-03-31	Rs65.08	Rs4269.60	x
2013-03-31	Rs78.83	Rs4269.60	x
2014-03-31	Rs95.55	Rs4269.60	x
2015-03-31	Rs116.21	Rs4269.60	x
2016-03-31	Rs125.28	Rs4269.60	x
2017-03-31	Rs180.71	Rs4269.60	x
2018-03-31	Rs220.34	Rs4269.60	x
2019-03-31	Rs279.04	Rs4269.60	x
2020-03-31	Rs307.91	Rs4269.60	x
2021-03-31	Rs415.92	Rs4269.60	x
2022-03-31	Rs482.55	Rs4269.60	x
2023-03-31	Rs560.18	Rs4269.60	x
2024-03-31	Rs674.88	Rs4269.60	x
2025-03-31	Rs765.05	Rs4269.60	x

Capital Efficiency Dashboard

This dashboard shows how efficiently LTIMindtree Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.

Capital Efficiency Insights

Current Return on Equity (ROE): 20.26%
The company demonstrates strong efficiency in generating profits from shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 12.10%
• Asset Turnover: 1.24x
• Equity Multiplier: 1.35x
Recent ROE (20.26%) is below the historical average (32.70%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2011	27.85%	13.23%	1.22x	1.72x	Rs2.03 Billion
2012	37.94%	13.18%	1.50x	1.93x	Rs3.09 Billion
2013	41.95%	14.58%	1.63x	1.77x	Rs4.28 Billion
2014	61.88%	20.25%	1.82x	1.68x	Rs8.35 Billion
2015	38.94%	15.44%	1.69x	1.49x	Rs5.71 Billion
2016	39.36%	14.30%	1.85x	1.49x	Rs6.24 Billion
2017	30.87%	14.93%	1.47x	1.41x	Rs6.56 Billion
2018	28.81%	15.22%	1.36x	1.39x	Rs7.26 Billion
2019	30.98%	16.05%	1.42x	1.36x	Rs10.27 Billion
2020	28.13%	13.97%	1.23x	1.63x	Rs9.80 Billion
2021	26.51%	15.65%	1.16x	1.47x	Rs12.06 Billion
2022	27.64%	15.12%	1.27x	1.44x	Rs25.20 Billion
2023	26.57%	13.28%	1.41x	1.42x	Rs27.49 Billion
2024	22.89%	12.90%	1.29x	1.38x	Rs25.80 Billion
2025	20.26%	12.10%	1.24x	1.35x	Rs23.29 Billion

Industry Comparison

This section compares LTIMindtree Limited's net assets metrics with peer companies in the Information Technology Services industry.

Industry Context

Industry: Information Technology Services
Average net assets among peers: $1,245,774,409
Average return on equity (ROE) among peers: 11.95%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
LTIMindtree Limited (LTM)	Rs237.67 Billion	27.85%	0.44x	$13.69 Billion
AAA Technologies Limited (AAATECH)	$253.85 Million	11.30%	0.09x	$13.80 Million
Accelya Solutions India Limited (ACCELYA)	$1.80 Billion	49.66%	0.42x	$187.02 Million
Adroit Infotech Limited (ADROITINFO)	$159.54 Million	-2.39%	0.01x	$5.85 Million
Airan Limited (AIRAN)	$188.59 Million	6.62%	0.62x	$22.15 Million
Alankit Limited (ALANKIT)	$3.75 Million	22.76%	4.62x	$27.04 Million
Bartronics India Limited (ASMS)	$664.69 Million	-75.68%	23.36x	$25.79 Million
BIRLASOFT LIMITED (BSOFT)	$1.42 Billion	22.91%	0.88x	$1.11 Billion
Computer Age Management Services Limited (CAMS)	$7.82 Billion	36.45%	0.40x	$1.98 Billion
Cigniti Technologies Limited (CIGNITITEC)	$115.76 Million	0.58%	0.23x	$351.04 Million
Cambridge Technology Enterprises Limited (CTE)	$29.18 Million	47.30%	0.49x	$6.93 Million

About LTIMindtree Limited

NSE:LTM India Information Technology Services

Market Cap

$13.69 Billion

Rs1.27 Trillion INR

Market Cap Rank

#1735 Global

#63 in India

Share Price

Rs4269.60

Change (1 day)

-1.24%

52-Week Range

Rs4013.80 - Rs4757.90

All Time High

Rs4757.90