LTM (LTM) Q4 25/26 earnings summary

Executive summary

• FY26 revenue reached $4.76B, up 6% YoY in USD and 11.3% YoY in INR, with strong execution in AI-centric transformation, cost optimization, and large deal wins; rebranding to LTM completed, now present in 40+ countries with 87,950 employees.

• Operating margin improved to 15.4% for the year, with adjusted PAT up 17% YoY to ₹53,779 Mn ($606 Mn); order inflows reached $6.60B, up 10.3% YoY, including six $100M+ deals.

• Board approved appointment of Vipul Chandra as Whole-time Director and CFO, and re-appointment of James Abraham as Independent Director.

• Announced BlueVerse, an agentic AI ecosystem, and SkillAct View, a skills marketplace for AI agents.

• Major client wins in tax analytics, MedTech, financial services, manufacturing, and insurance; recognized with multiple industry, HR, and ESG awards.

Financial highlights

• FY26 revenue: $4.76B (+6% YoY USD, +11.3% YoY INR); Q4 revenue: $1.22B (+1.2% QoQ, +8.1% YoY USD).

• FY26 EBIT margin: 15.4% (up 90bps YoY); Q4 EBIT margin: 15.1% (down 97bps QoQ).

• Adjusted FY26 PAT: ₹53,779 Mn (+16.9% YoY); reported PAT: ₹49,830 Mn (+8.3% YoY).

• Cash and investments at all-time high: $1.63B (₹154,449 Mn) as of March 31, 2026.

• Return on equity: 21.3%; Return on Capital Employed: 29.2%.

• Final dividend proposed: ₹53/share; total FY dividend: ₹75/share.

Outlook and guidance

• Management confident of sustaining growth momentum into FY27, supported by robust pipeline, AI-centric strategy, and BlueVerse platform.

• No specific numeric guidance, but aim to deliver industry-leading growth and double revenue in five years, including inorganic growth.

• Margin expansion remains a focus, with ongoing cost optimization and efficiency programs (Fit4Future).