Slide 1: Q4 and Full Year FY26 Investor Release
Q4 and Full Year FY26 Investor Release April 23, 2026 ©LTM | Q4 & Full Year FY26 Investor Release 1
Slide 2: Table of Contents
Table of Contents Company Overview 4-9 Q4 & Full Year FY26 Performance 10 - 25 Business Highlights 26 - 31 Annexures 32 - 43 ©LTM | Q4 & Full Year FY26 Investor Release 2
Slide 3: Safe Harbor
Safe Harbor Certain statements in this release concerning future prospects are forward-looking statements. These statements, by their nature, involve risks and uncertainties that could cause the actual results to differ materially from such forward-looking statements. LTM assumes no obligation to re
Slide 4: Company Overview
Company Overview ©LTM | Q4 & Full Year FY26 Investor Release 4
Slide 5: LTIMindtree is now LTM.
LTIMindtree is now LTM. One Name. One Positioning. One Signal to the Market. In the agentic era, access to technology is no longer a differentiator. Enterprise clients need partners who combine technology strength and deep domain expertise to own outcomes. That is the strategic intent behind LTM's r
Slide 6: LTM: At a Glance
LTM: At a Glance $4.76 Bn 15.4% 12.7%* $1.63 Bn Revenue EBIT Margin PAT Margin Cash and Investments TTM TTM TTM As of 31st March 2026 $6.60 Bn 700+ 29.2% 21.3% Order Inflow Return on Capital Return on Equity Employed Worlds largest enterprises are TTM our active clients As of 31st March 2026 As of 3
Slide 7: Global Scale for Global Impact
Global Scale for Global Impact We work globally with a mix of onshore, nearshore and offshore presence. 118 Europe Offices 31 offices 40+ Countries APAC 14 offices 87,950 Employees North America 18 offices Central America 2 offices Middle East & Africa 9 offices India 44 offices 100+ Nationalities ©
Slide 8: Our Values
Our Values What guides us Be driven by purpose Act with compassion We lead with a clear mission to make business We build intimacy, warmth, and empathy with creativity work in the real world. stakeholders. Be future-ready Deliver impact We enable businesses and communities to flourish We create tang
Slide 9: Delivered Profitable Growth
Delivered Profitable Growth Revenue (USD Mn) CAGR 8.0% 4,764 4,493 4,287 4,106 3,502 2022 2023 2024 2025 2026 Operating Margin band: 14% - 18% ©LTM | Q4 & Full Year FY26 Investor Release 9
Slide 10: Q4 and Full Year FY26 Performance
Q4 and Full Year FY26 Performance ©LTM | Q4 & Full Year FY26 Investor Release 10
Slide 11: Q4 FY26 Performance
Q4 FY26 Performance ©LTM | Q4 & Full Year FY26 Investor Release 11
Slide 12: Q4 FY26 Performance Highlights
Q4 FY26 Performance Highlights $1,222Mn +1.2% QoQ USD Growth +8.1% YoY USD Growth 15.1% EBIT Margin $1.69Bn USD Revenue +1.2% QoQ CC Growth +7.0% YoY CC Growth -97 bps QoQ Decline Order Inflow Revenue, Margin & Bookings Client & People • Revenue at ₹1,12,917 Mn (+4.7% QoQ / +15.6% YoY) • Active Cl
Slide 13: LTM FY26 Revenue up 11.3%
LTM FY26 Revenue up 11.3% PAT* increased by 16.9%; Order Booking at $6.6 Bn up by 10.3% for FY26 Message from the CEO & MD “In FY26 we accelerated our strategic shift to an AI-centric organization with the intelligence of the BlueVerse platform and talent transformation at scale. Over the year, we u
Slide 14: Revenue Growth
Revenue Growth Revenue (USD Mn) QoQ % YoY % 1,240. 0 1,222.4 8.1% 1,220.0 1,208.0 1,200.0 5.8% 6.1% 1,180.1 5.2% 1,180.0 4.8% 1,160.0 1,153.3 2.0% 2.3% 2.4% 1,140.0 1,131.0 1,120.0 1.2% 1,100.0 -0.7% 1,080.0 Q4FY25 Q1FY26 Q2FY26 Q3FY26 Q4FY26 Q4FY25 Q1FY26 Q2FY26 Q3FY26 Q4FY26 Revenue (INR Mn) 1,15,
Slide 15: Margin & Profitability
Margin & Profitability EBIT (INR Mn) EBIT Margin 16.1% 15.9% 16,481 17,371 17,094 15.1% 13,454 14,065 14.3% 15,000 13.8% - Q4FY25 Q1FY26 Q2FY26 Q3FY26 Q4FY26 Q4FY25 Q1FY26 Q2FY26 Q3FY26 Q4FY26 PAT (INR Mn) PAT Margin 13.3% 20,000 13.0%* 12.7% 13,812 14,013* 13,407* 12,546 15,000 11,286 11.9%* 11.5%
Slide 16: Revenue Mix
Revenue Mix QoQ YoY QoQ YoY Revenue by Industry Q4 FY25 Q1 FY26 Q2 FY26 Q3 FY26 Q4 FY26 USD USD CC CC Banking, Financial Services & 37.1% 37.0% 36.2% 35.1% 33.0% (4.9%) (3.9%) (5.1%) (5.3%) Insurance Technology, Media & 23.4% 23.2% 22.7% 22.2% 23.7% 8.3% 9.3% 8.4% 8.9% Communications Manufacturing &
Slide 17: Client Metrics
Client Metrics Active & New Clients Q4 FY25 Q1 FY26 Q2 FY26 Q3 FY26 Q4 FY26 Active Clients 741 741 749 746 751 New Clients added 26 17 23 26 13 Clients Contribution Q4 FY25 Q1 FY26 Q2 FY26 Q3 FY26 Q4 FY26 1 Million Dollar + 410 404 402 399 411 5 Million Dollar + 154 159 158 162 164 10 Million Dollar
Slide 18: Employee Metrics
Employee Metrics Particulars Q4 FY25 Q1 FY26 Q2 FY26 Q3 FY26 Q4 FY26 QoQ YoY Total Employees 84,307 83,889 86,447 87,958 87,950 (8) 3,643 Software Professionals 79,081 78,729 81,355 82,911 83,004 93 3,923 Sales & Support 5,226 5,160 5,092 5,047 4,946 (101) (280) Women Employees % 30.4% 30.5% 30.8% 3
Slide 19: Other Metrics
Other Metrics FCF and Cash & Investments (INR Mn) Q4 FY25 Q1 FY26 Q2 FY26 Q3 FY26 Q4 FY26 Free Cash Flow (FCF) 7,640 7,614 9,993 10,826 10,463 Cash and Investments 1,33,463 1,28,353 1,39,995 1,45,583 1,54,449 Capital Efficiency Q4 FY25 Q1 FY26 Q2 FY26 Q3 FY26 Q4 FY26 Return on Capital Employed Equit
Slide 20: Currency Metrics
Currency Metrics Revenue by Currency Q4 FY25 Q1 FY26 Q2 FY26 Q3 FY26 Q4 FY26 USD 78.5% 78.0% 78.4% 77.2% 76.9% EUR 6.9% 7.6% 7.5% 7.6% 7.9% INR 4.6% 3.9% 3.9% 5.1% 4.6% GBP 2.5% 2.6% 2.6% 2.7% 2.8% Others 7.5% 7.9% 7.6% 7.4% 7.8% Exchange Rate (USD: INR) Q4 FY25 Q1 FY26 Q2 FY26 Q3 FY26 Q4 FY26 Perio
Slide 21: Full Year FY26 Performance
Full Year FY26 Performance ©LTM | Q4 & Full Year FY26 Investor Release 21
Slide 22: FY26 Performance Highlights
FY26 Performance Highlights $4,764Mn +6.0% YoY Growth +15.4% EBIT Margin $6.60Bn USD Revenue +5.3% YoY CC Growth +90 bps YoY Expanded Order Inflow Revenue, Margin & Bookings People • Revenue at ₹4,23,076 Mn (+11.3% YoY) • Total employees at 87,950, Net addition of 3,643 • Operating EBIT at ₹65,011
Slide 23: Revenue and Margins
Revenue and Margins Revenue (USD Mn) YoY % EBIT (INR Mn) Margin % 8,000 30.0% 25.0% 15.4% 7,000 75,000 20.0% 20.0% 6.0% 15.7% 4.8% 15.0% 18.0% 4.4% 14.5% 65,000 6,000 10.0% 16.0% 55,000 5.0% 5,000 14.0% 0.0% 45,000 12.0% 4,000 -5.0% 65,011 35,000 10.0% -10.0% 55,685 55,034 3,000 -15.0% 8.0% 4,493 4,
Slide 24: Revenue Mix
Revenue Mix Revenue by Industry FY25 FY26 YoY USD YoY CC Banking, Financial Services & Insurance 36.1% 35.2% 3.7% 2.8% Technology, Media & Communications 24.5% 23.0% (0.7%) (1.0%) Manufacturing & Resources 19.0% 20.2% 12.7% 11.5% Consumer Business 14.3% 15.3% 13.2% 11.8% Healthcare, Life Sciences &
Slide 25: Client Metrics & Order Inflow
Client Metrics & Order Inflow Revenue Contribution (%) FY25 FY26 Top 5 Clients 28.2% 24.6% Top 10 Clients 34.7% 32.2% Top 20 Clients 45.3% 42.7% Top 40 Clients 57.8% 56.0% Particulars FY25 FY26 Order Inflow (USD Bn) 5.99 6.60 ©LTM | Q4 & Full Year FY26 Investor Release 25
Slide 26: Business Highlights
Business Highlights ©LTM | Q4 & Full Year FY26 Investor Release 26
Slide 27: Key Deal Wins
Key Deal Wins Central Board of Direct Taxes Selected LTM to modernize India's national direct tax analytics platform, to enable improved compliance monitoring, risk detection, and real-time insights. A Global medtech company Selected LTM for a multi-year product development and support engagement, w
Slide 28: Partnerships
Partnerships ©LTM | Q4 & Full Year FY26 Investor Release 28
Slide 29: Partnership Highlights
Partnership Highlights + LTM signed a one-year + LTM has achieved both + LTM is strengthening its + LTM and Salesforce ModNet Strategic Sales and Service partnership with Cisco to published a joint Collaboration Agreement Specializations, enhancing deliver AI-era Secure with AWS to jointly co- our a
Slide 30: Awards & Recognitions
Awards & Recognitions Analyst Recognitions Other Awards + ICAI has awarded LTM for “Excellence in + Leader in Everest Group’s Software Product Integrated Annual Report – BRSR” for FY25 in Engineering Services PEAK Matrix® Assessment Service Large Cap Category 2026 + Leader in Everest Group’s Duck Cr
Slide 31: ESG Highlights
ESG Highlights Businessworld IMSC Rankings 2025 Environmental Initiatives LTM is ranked among the Top 3 in the IT & Digital Services + Delivered 83% reduction in particulate matter, 87% reduction in carbon sector and Top 15 across sectors of 200 companies in BW monoxide, and ensured emissions below
Slide 32: Q4 FY26 Annexures
Q4 FY26 Annexures ©LTM | Q4 & Full Year FY26 Investor Release 32
Slide 33: Revenue Summary
Revenue Summary In USD Mn Q4 FY25 Q1 FY26 Q2 FY26 Q3 FY26 Q4 FY26 FY25 FY26 Revenue 1,131.0 1,153.3 1,180.1 1,208.0 1,222.4 4,492.5 4,763.8 QoQ Growth % (0.7%) 2.0% 2.3% 2.4% 1.2% YoY Growth % 5.8% 5.2% 4.8% 6.1% 8.1% 4.8% 6.0% Constant currency QoQ Growth % (0.6%) 0.8% 2.4% 2.4% 1.2% Constant curre
Slide 34: Income Statement
Income Statement Amount in INR Millions Growth (%) Particulars Q4 FY25 Q3 FY26 Q4 FY26 QoQ YoY Revenue 97,717 1,07,810 1,12,917 4.7% 15.6% Direct Cost 70,440 76,098 81,565 7.2% 15.8% Gross Profit 27,277 31,712 31,352 (1.1%) 14.9% SG&A Expenses 11,315 11,685 11,622 (0.5%) 2.7% EBITDA 15,962 20,027 19
Slide 35: Cash Flow Statement (1/2)
Cash Flow Statement (1/2) Amount in INR Millions Particulars Q4 FY25 Q3 FY26 Q4 FY26 Cash flow from operating activities Net profit after tax 11,286 9,596 13,872 Adjustments for: Depreciation and amortisation 2,508 2,656 2,636 Income tax expense 4,007 3,451 4,938 Others (2,242) (1,623) (1,217) Opera
Slide 36: Cash Flow Statement (2/2)
Cash Flow Statement (2/2) Amount in INR Millions Particulars Q4 FY25 Q3 FY26 Q4 FY26 Cash flow from financing activities Shares issued on exercise of employee stock options 12 10 6 Proceeds from non-controlling interest - 616 - Proceeds from/(repayment) of borrowings 23 - - Movement in CSA Deposit r
Slide 37: Full Year FY26 Annexures
Full Year FY26 Annexures ©LTM | Q4 & Full Year FY26 Investor Release 37
Slide 38: Income Statement
Income Statement Amount in INR Millions Particulars FY25 FY26 YoY Revenue 3,80,081 4,23,076 11.3% Direct Cost 2,68,218 2,99,909 11.8% Gross Profit 1,11,863 1,23,167 10.1% SG&A Expenses 46,914 47,615 1.5% EBITDA 64,949 75,552 16.3% Depreciation and Amortization 9,915 10,541 EBIT 55,034 65,011 18.1% F
Slide 39: Cash Flow Statement (1/2)
Cash Flow Statement (1/2) Amount in INR Millions Particulars FY25 FY26 Cash flow from operating activities Net profit after tax 46,020 49,827 Adjustments for: Depreciation and amortisation 9,915 10,541 Income tax expense 16,122 18,084 Others (5,422) (6,719) Operating profit before working capital ch
Slide 40: Cash Flow Statement (2/2)
Cash Flow Statement (2/2) Amount in INR Millions Particulars FY25 FY26 Cash flow from financing activities Shares issued on exercise of employee stock options 35 29 Proceeds from non-controlling interest - 616 Proceeds from/(repayment) of borrowings (399) (23) Movement in CSA Deposit received/(paid)
Slide 41: Balance Sheet
Balance Sheet Amount in INR Millions As at March As at March As at March As at March Particular 31, 2025 31, 2026 Particular 31, 2025 31, 2026 ASSETS EQUITY AND LIABILITIES Non-current assets Equity Property, Plant and Equipment 19,588 20,921 Equity Share capital 296 296 Right of Use Assets 20,043 2
Slide 42: Earnings Conference Call
Earnings Conference Call Date Time Format Registration Link Thursday, 19:00 hours IST Brief management Click here to April 23, 2026 discussion register followed by Q&A ©LTM | Q4 & Full Year FY26 Investor Release 42
Slide 43: About LTM
About LTM is an AI-centric global technology services company and the Business Creativity partner to the world’s largest and most disruptive enterprises. We bring human insights and intelligent systems together to help clients create LTM greater value at the intersection of technology and domain exp
Slide 44: Outcreate
It’s time to Outcreate 44