#LTIM
LTI Mindtree merger creates a strong challenger in the Indian IT space with a $4.1 billion revenue run-rate as the combined entity has significant revenue synergies owing to the complementary nature of clients and service offerings.
LTI Mindtree merger creates a strong challenger in the Indian IT space with a $4.1 billion revenue run-rate as the combined entity has significant revenue synergies owing to the complementary nature of clients and service offerings.
LTI can benefit from Mindtree's strength in d experience layer of digital n addressing CMO budgets while d latter can benefit from d former’s strength in packaged applications
Overlap among key clients is minimal ensuring no turf wars.
Overlap among key clients is minimal ensuring no turf wars.
The LTI Mindtree merger would definitely be a new cylinder in the engine room here.
This could lead to the country’s next large-scale IT Services player.
This could lead to the country’s next large-scale IT Services player.
It can mean a high significance in current times when the industry is seeing a pattern of prominence of large deals, preference for end-to-end offerings – that mean a big plus for at-scale players.
This is a good time for combining forces and tapping significant scale benefits – specially as both the companies also bring complementary strengths resulting in a stronger portfolio of offerings across verticals
New Initiatives & Investment
#LTIM
The Co has been underlining its focus on digital process areas with many niche collaborations too.
#LTIM
The Co has been underlining its focus on digital process areas with many niche collaborations too.
Like it joined hands with Saviynt, a provider of enterprise cloud identity solutions to strengthen joint capabilities for improved identity management and security threat protection during digital transformation.
Recently it also extended its collaboration with Microsoft to focus on developing high-value cloud solutions for enterprises. Same happened for expanding its global partnership with Google Cloud. It also partnered with Securonix and Snowflake to bolster cybersecurity areas.
Mr. AM Naik on LTIMindtree call guidance for combined entity+LTTS
💰5 bn in FY23, in-line with estimates (LTIMINDTREE+ LTTS)
💰6 bn in FY24 which he broke up
LTIMindtree💰5bn
LTTS💰1-1.1bn
Implies 21% growth for LTIMindree for FY24 🆚 estimated +13% to +15%
#LTIM
#LTTS 🌏
💰5 bn in FY23, in-line with estimates (LTIMINDTREE+ LTTS)
💰6 bn in FY24 which he broke up
LTIMindtree💰5bn
LTTS💰1-1.1bn
Implies 21% growth for LTIMindree for FY24 🆚 estimated +13% to +15%
#LTIM
#LTTS 🌏
Never underestimate wordings of AM Naik as at the time of listing of LTI n LTTS 5 yrs back has said abt them to be multibaggers despite at that time IT sector was not in limelight
#LTI from listing price of 700 made ATH of 7500+
#LTTS from listing price of 800 made ATH of 5950+
#LTI from listing price of 700 made ATH of 7500+
#LTTS from listing price of 800 made ATH of 5950+
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