Archive · 29 Sep 2025
LTIMindtree Navigates Challenges Amidst H-1B Visa Issues
LTIMindtree, an IT company, is facing challenges.
The US increased fees for H-1B visas, impacting IT firms.
LTIMindtree gets 75% of its money from the US, making it vulnerable.
Although the company has a relatively low on-site presence compared to others and its stock is discounted, its profit margins are down.
Recent leadership changes and reliance on client spending contribute to their struggles.
LTIMindtree derives 75% of its revenue from the US, posing a risk.
The company's H-1B visa dependency is 35%.
Revenue grew at a moderate 7.6% in the June quarter (Q1FY26).
Excluding rupee depreciation, overall growth is 4.4% year-on-year in constant-currency terms.
Direct costs have increased, driving the Ebit margin down.
- Who
- LTIMindtree
- What
- Navigating challenges related to H-1B visa costs and US market reliance.
- When
- Recent months
- Where
- Primarily the US market
- Why
- Due to increased H-1B fees and US economic uncertainty
- Onsite Revenue Share
- 15%
- US Revenue
- 75%
- H-1B Visa Dependency
- 35%
- Q1FY26 Revenue Growth
- 7.6%
- Q1FY26 Constant Currency Growth
- 4.4%
- Q1FY26 Ebit Margin
- 14.3%
- Client Revenue from Discretionary IT Spending
- 60-65%
