| Market Cap | ₹1,17,791 CrL&T Group Company |
|---|---|
| TTM Order Book | $6.65 BnAs of June 30, 2026 |
| Revenue Growth | 18.0%Q1 FY27 YoY |
| P/E Ratio | 22.5xSector PE 21.8x |
Key highlights
- Establishment of a dedicated Gemini Enterprise Center of Excellence (CoE) for large-scale deployments
- Launch of a state-of-the-art Customer Experience Center to showcase industry-focused AI solutions
- Deployment of Forward Deployed Engineers and specialized talent certified in Google’s Gemini AI models
- Focus on tailored AI agents for sectors including BFSI, Manufacturing, Retail, and Energy
- The partnership aligns with LTM's trailing twelve-month order book of USD 6.65 billion as of June 2026
Strengthening AI Delivery and Specialized Talent
LTM is making significant investments to bolster its Gemini Enterprise capabilities, aiming to move clients from isolated AI pilots to enterprise-wide adoption. The partnership integrates specialized talent, including engineers skilled in Google Cloud’s advanced AI models, with training programs designed to productionalize high-value use cases. This follows LTM’s Q1 FY27 performance, where operating revenue reached 11,608 crore rupees, representing a 17.96 percent year-on-year increase.
By embedding AI into core business processes with necessary governance and security, LTM seeks to operationalize intelligent workflows across its global delivery network, which currently employs over 87,000 professionals across 40 countries.
The Three Pillars of the Gemini Collaboration
- Gemini Enterprise CoE: Dedicated AI and cloud expertise to enable enterprise-scale deployments of Google Cloud models
- Specialized Delivery: Deployment of Forward Deployed Engineers and advanced certification programs for client-specific AI implementations
- Industry-Focused Solutions: AI-powered agents tailored for BFSI, Manufacturing, Retail, CPG, Media, and Energy utilities
- Experience Center: A state-of-the-art facility designed to showcase and prototype AI-powered industry solutions
- Operationalizing AI: Focus on building intelligent agents and AI-powered workflows with enterprise-grade governance and security
Strategic Alignment and AI Ecosystem Expansion
This collaboration marks the latest in a series of AI-focused alliances for LTM, including recent October 2026 partnerships with Rubrik for BlueVerse AgenTraceIQ and September 2026 initiatives with IBM and Red Hat. These strategic moves support the company’s long-term goal of doubling total revenue by FY31, implying a 15 percent compound annual growth rate. LTM is also on track to close the 160 million Euro acquisition of Randstad's technology business by early Q3 FY27.
With a trailing twelve-month net profit of 5,230.3 crore rupees and an operating profit margin of 17.75 percent, the company is positioning itself to capture growing demand for agentic AI platforms.
Driving Clear Business Outcomes
Enterprises are looking to move beyond AI experimentation and scale adoption with clear business outcomes. Through our expanded collaboration with Google Cloud around Gemini Enterprise, we are combining advanced AI capabilities, specialized talent, and industry expertise to help clients accelerate transformation and realize business value faster.
| Date | Announcement | Amount |
|---|---|---|
| 05 Oct 2026 | Alliance with Rubrik under Project Hourglass to launch BlueVerse AgenTraceIQ, integrating Rubrik Agent Cloud for Anthropic's Claude CodeSource: BSE filing | – |
| 09 Sep 2026 | Collaboration with IBM and Red Hat on Lightwell to advance AI-driven open-source software vulnerability remediationSource: ltm.com | – |
| 06 Aug 2026 | Strategic collaboration with Chainguard to strengthen enterprise software supply chain security through BlueVerse RightLogicSource: ltm.com | – |
| 27 Jul 2026 | Strategic partnership with Cognition to integrate autonomous AI engineer Devin into BlueVerse RightLogic to reduce cyber risk in financial servicesSource: psuconnect.in | – |
| 17 Jul 2026 | Strategic partnership with Glean to combine BlueVerse agentic AI with Glean's enterprise intelligence and context platformSource: BSE filing | – |
| 13 Jul 2026 | Strategic partnership with Anthropic to accelerate enterprise deployment and adoption of Claude, Claude Code, and Claude CoworkSource: ltm.com | – |
What to watch next
- Completion of the 160 million Euro acquisition of Randstad's technology business by early Q3 FY27
- Launch and first client showcases at the state-of-the-art Gemini Enterprise Customer Experience Center
- Q2 FY27 earnings release and management update on AI-led contract conversion from the $6.65 billion order book
“LTM’s collaboration with Google Cloud will help enable enterprises to build and orchestrate AI-powered workflows, deploy intelligent agents, and embed AI into business processes with the governance, security, and scale required for long-term business success.”
| Share price | ₹3971.1 |
|---|---|
| Market capitalisation | ₹1.18L Cr |
| Revenue (annual) | ₹42,307.60 Cr |
| Net profit (annual) | ₹5,018.10 Cr |
| Revenue (latest quarter) | ₹11,608.00 Cr+2.80% vs previous quarter |
| Net profit (latest quarter) | ₹1,466.30 Cr+5.31% vs previous quarter |
| P/E (TTM) | 22.52×Sector 21.76× |
| Promoter holding | 68.49%-0.03% QoQ |
| FII holding | 6.31%Current quarter |
Reference market data from a third-party provider, as of the story. Not a valuation or a recommendation.
Exchange filing by LTM Ltd announcing an expanded collaboration with Google Cloud to accelerate Gemini Enterprise adoption. Market figures from a third-party data provider.
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