Tech Mahindra Limited

Tech Mahindra Limited

1,829.10
INR
-5.60
(-0.31%)
1.23TMarket Cap
Jan 22Next Earn
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
202.46
236.37
305.48
332.92
348.4
391.87
422.44
432.94
507.93
604.05
588.01
598.3
640.98
- -
Basic EPS, GAAP
32.56
27.46
34.51
32.14
43.02
48.47
46.21
50.64
63.32
54.76
26.66
48
54.28
- -
Free Cash Flow per Basic Share
17.16
25.58
36.17
46.51
40.23
49.99
40.26
84.95
49.23
51.65
63.16
58.63
61.78
- -
Dividend per Share
1.46
5.74
6.4
14.16
10.69
16.81
28.55
20.12
45.29
48.33
44.3
43.38
45.42
- -
Book Value per Share
98.3
121.63
150.76
187.31
192.41
206.28
230.76
256.8
306.36
317.36
302.19
309.25
334.41
- -
Tangible Book Value per Share
91.36
102.99
130.82
149.85
146.96
162.88
178.99
200.42
180.05
193.1
184.97
195.68
216.68
- -
Basic Weighted Avg Shares
930
957
867
875
883
887
873
874
879
882
884
886
886
886
Sales/Revenue/Turnover
188,314
226,213
264,942
291,408
307,729
347,421
368,677
378,551
446,460
532,902
519,956
529,883
568,154
- -
Operating Margin (%)
19.83
16.19
13.34
12.11
12.32
15.48
11.98
14.76
14.7
11.73
6.58
9.75
13
- -
Depreciation Expense
5,222
6,114
7,589
9,781
10,850
11,292
14,458
14,577
15,204
19,567
18,171
18,529
18,816
- -
Net Income, GAAP
30,288
26,277
29,929
28,129
37,998
42,976
40,330
44,280
55,661
48,313
23,578
42,515
48,109
- -
Effective Tax Rate (%)
19.72
26.52
21.52
26.01
22.39
22.63
22.94
26.88
24.45
24.65
25.67
24.77
26.89
- -
Profit Margin (%)
16.08
11.62
11.3
9.65
12.35
12.37
10.94
11.7
12.47
9.07
4.53
8.02
8.47
- -
Working Capital
59,655
72,056
93,504
99,336
101,903
112,346
122,466
149,824
119,509
111,117
108,087
110,052
130,772
- -
LT Debt
190
460
1,966
3,853
7,711
2,086
10,326
9,735
8,620
9,191
7,734
11,472
15,888
- -
Total Equity
93,243
118,444
147,836
169,013
193,519
207,621
222,064
252,445
273,811
283,947
271,468
277,917
300,770
- -
Return on Invested Capital (%)
38.04
24.01
19.58
13.67
14.42
17.86
13.2
14.46
16.68
14.13
6.46
13.85
15.81
- -
Return on Capital (%)
36.76
23.82
21.27
16.81
19.69
19.82
17.75
17.14
19.35
16.52
8.58
15.1
16.31
- -
Return on Common Equity (%)
41.47
25.19
22.78
18.13
21.54
21.97
19.16
18.97
21.51
17.63
8.64
15.74
16.89
- -

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
5,974
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
15,888
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
885
886
886
Market Capitalization
1,408,719
1,225,678
1,244,315

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
275,747
- -
Cash, Cash Equivalents & STI
- -
84,255
- -
Accounts Receivable, Net
- -
75,369
- -
Inventories
- -
1,042
- -
Total Current Liabilities
- -
144,975
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
5,974
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
7.51%
3.67%
8.22%
Free Cash Flow
11.7%
-3.09%
5.47%
Net Income, GAAP
10.06%
10.96%
13.16%
Sales/Revenue/Turnover
8.13%
8.8%
7.22%
Total Cash Common Dividend
32.34%
25.62%
4.78%

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
130,055
133,132
132,856
133,840
529,883
2026
133,512
- -
143,932
150,761
568,154
2027
157,119
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
9.62
14.12
11.1
13.17
48
2026
12.87
- -
12.66
15.27
54.28
2027
16.53
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
43.38
2026
- -
- -
- -
- -
45.42
2027
- -
- -
- -
- -
- -

Company Description

CEO
Mohit Joshi
Full Time Employees
147,623
Sector
Technology services
Industry
Information technology services
Address
Plot No. 1, Phase III Pune MA India 411057
IPO Date
Aug 1, 2006
Business
Tech Mahindra Limited Tech Mahindra Limited (NSE: TECHM) is a leading global provider of technology consulting, digital transformation solutions, and business process services, serving enterprises across multiple industries including telecommunications, financial services, manufacturing, healthcare, and retail. Founded in 1986 as a joint venture between Mahindra & Mahindra and British Telecom, the company, headquartered in Pune, India, operates in over 90 countries with more than 150,000 professionals supporting over 1,100 clients worldwide; it forms part of the Mahindra Group, a multinational conglomerate established in 1945. Tech Mahindra offers a comprehensive portfolio of services, including consulting; information technology and enterprise applications such as SAP and Oracle implementations; business process services; integrated engineering solutions; network services and telecom product engineering; customer experience and design; artificial intelligence and analytics; cloud and infrastructure management; digital supply chain; performance engineering; testing; and next-generation technologies encompassing 5G, blockchain, quantum computing, cybersecurity, Internet of Things, and generative AI platforms. The company delivers industry-specific solutions like AI-driven supply chain optimization for logistics, predictive customer experience management through omni-channel automation, and adaptive manufacturing platforms for operational resilience and sustainability. Among its recent developments, Tech Mahindra joined the AI-RAN Alliance in 2025 to advance 5G and AI-powered network solutions for enhanced performance and cost optimization; achieved AWS Generative AI Competency status, reinforcing its enterprise AI capabilities; entered a strategic alliance with Veeva Systems for cloud-first regulatory transformation and AI-led efficiencies in life sciences; partnered with Hanab in 2025 to modernize IT infrastructure using next-generation technologies; opened a Manufacturing Xperience Center in Chennai to accelerate AI prototyping for manufacturers; and earned recognition as an Emerging Leader in the 2025 Gartner Emerging Markets Quadrant for GenAI Consulting and Implementation Services, while maintaining its pioneering status as the first Indian firm awarded the Sustainable Markets Initiative’s Terra Carta Seal for climate and nature-positive commitments.

Company News

  • Uniphore and Tech Mahindra Partner to Deliver an Agentic AI Factory for the Enterprise

  • FICO Honors Tech Mahindra for Bold Solution Tackling India's E-Commerce Returns Crisis

  • Tech Mahindra and Cisco Partner to Bring AI-Driven Security Service Edge to Global Enterprises

  • Papaya Global and Tech Mahindra Announce Strategic Alliance to Modernize Global Workforce Operations and Payments

  • La société Tech Mahindra distinguée dans la deuxième cohorte MINDS du Forum économique mondial pour avoir fait progresser l'équité linguistique et numérique grâce à l'IA

  • Tech Mahindra reconocido en la segunda cohorte de MINDS por el Foro Económico Mundial

  • /C O R R E C T I O N -- Tech Mahindra/