Nomura has retained a neutral rating on LTIMindtree share, with a target price of Rs 4,300, following a modest Q4 revenue miss and a cautious outlook for FY26, which the brokerage expects to be a “year of repair.”
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The company reported a modest miss on revenue, while margins were in line with estimates.
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Nomura highlighted that margin recovery is likely to be slow, and a sharp revival in growth is needed for any significant improvement.
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The incoming CEO laid out his strategic roadmap focused on three key pillars:
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Sales transformation
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Revamp of large deal organization
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Fit to future operational alignment
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The brokerage has cut its FY26–27F EPS estimates by 2% in light of the near-term challenges.
Disclaimer: This article is for informational purposes only and does not constitute financial advice. Always consult with a qualified financial advisor before making investment decisions.
