Nifty
:
25722.10
Sensex
:
83938.71
-155.75 (-0.60%)
-465.75 (-0.55%)
Nifty
Sensex
:
:
25722.10
83938.71
-155.75 (-0.60%)
-465.75 (-0.55%)

Tech Mahindra Ltd.

IT - Software Services

Rating :
56/99

BSE: 532755 | NSE: TECHM

NSE BSE
1424.40
31-Oct-2025
  • Open
  • High
  • Low
  • Previous Close
  •  1433.8
  •  1437.5
  •  1420.3
  •  1433.80
  • Volume
  • Traded Value (lacs)
  • 52 Week High
  • 52 Week Low
  •  1757591
  •  2509801702.7
  •  1807.7
  •  1209.4

Stock Summary

  • Market Cap(Crs)
  • Stock P:E
  • Face Value
  • 1,39,575.62
  • 31.12
  • 5
  • Enterprise Value(Crs)
  • Dividend Yield
  • Price:Book Value
  • 1,35,557.52
  • 3.16%
  • 5.07

Shareholding Pattern

  • Promoter
  • Corporate
  • Public
  • 34.98%
  • 0.32%
  • 7.82%
  • FII
  • DII
  • Others
  • 20.6%
  • 32.55%
  • 3.73%

Chart

Price | P:E | P:BV | EV:EBITDA | MCap:Sales | EPS

Revenue CAGR (%)

  • 10 Years
  • 5 Years
  • 3 Years
  • 7.18
  • 6.96
  • -0.19

EBITDA CAGR (%)

  • 10 Years
  • 5 Years
  • 3 Years
  • 4.90
  • -0.38
  • -3.07

PAT CAGR (%)

  • 10 Years
  • 5 Years
  • 3 Years
  • 3.58
  • -0.80
  • -4.17

P:E (Median)

  • 8 Years
  • 5 Years
  • 3 Years
  • 21.16
  • 28.39
  • 34.44

P:BV (Average)

  • 8 Years
  • 5 Years
  • 3 Years
  • 4.27
  • 4.73
  • 4.85

EV:EBITDA (Average)

  • 8 Years
  • 5 Years
  • 3 Years
  • 14.19
  • 16.55
  • 18.13

Earnings Forecasts:

(Updated: 01-11-2025)
Description
2024
2025
2026
2027
Adj EPS
48
58.68
73.59
82.35
P/E Ratio
29.68
24.27
19.36
17.30
Revenue
52988.3
55587
59203.1
63349.3
EBITDA
6963.8
8634.18
10240.9
11307.1
Net Income
4251.5
5189.34
6503.43
7280.79
ROA
9.67
10.09
11.96
12.52
P/B Ratio
4.61
4.49
4.33
4.19
ROE
15.74
18.71
22.75
24.47
FCFF
5173.5
4940.74
6516.79
7186.52
FCFF Yield
3.78
3.61
4.76
5.24
Net Debt
-5409.8
-7091.39
-8129.01
-8464.29
BVPS
309.25
317.04
329.15
340.02

Quarterly Results

Consolidated Figures in Rs. Crores /

Standalone
Description
Sep 25
Sep 24
Var%
Jun 25
Jun 24
Var%
Mar 25
Mar 24
Var%
Dec 24
Dec 23
Var%
Net Sales
13,994.90
13,313.20
5.12%
13,351.20
13,005.50
2.66%
13,384.00
12,871.30
3.98%
13,285.60
13,101.30
1.41%
Expenses
11,826.90
11,563.00
2.28%
11,416.00
11,441.00
-0.22%
11,543.90
11,772.20
-1.94%
11,476.60
11,954.90
-4.00%
EBITDA
2,168.00
1,750.20
23.87%
1,935.20
1,564.50
23.69%
1,840.10
1,099.10
67.42%
1,809.00
1,146.40
57.80%
EBIDTM
15.49%
13.15%
14.49%
12.03%
13.75%
8.54%
13.62%
8.75%
Other Income
40.00
521.50
-92.33%
218.30
144.70
50.86%
172.70
373.50
-53.76%
16.50
87.50
-81.14%
Interest
77.20
89.00
-13.26%
77.80
71.50
8.81%
85.30
58.50
45.81%
75.90
116.50
-34.85%
Depreciation
468.70
469.80
-0.23%
458.10
462.20
-0.89%
462.10
461.40
0.15%
458.80
443.40
3.47%
PBT
1,662.10
1,712.90
-2.97%
1,617.60
1,175.50
37.61%
1,465.40
952.70
53.82%
1,290.80
674.00
91.51%
Tax
457.60
456.00
0.35%
489.30
313.30
56.18%
322.30
294.90
9.29%
308.60
155.10
98.97%
PAT
1,204.50
1,256.90
-4.17%
1,128.30
862.20
30.86%
1,143.10
657.80
73.78%
982.20
518.90
89.29%
PATM
8.61%
9.44%
8.45%
6.63%
8.54%
5.11%
7.39%
3.96%
EPS
13.49
14.14
-4.60%
12.89
9.63
33.85%
13.19
7.49
76.10%
11.11
5.79
91.88%

Annual Results

Consolidated Figures in Rs. Crores /

Standalone
Description
TTM
Mar 25
Mar 24
Mar 23
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Mar 16
Net Sales
54,015.70
52,988.30
51,995.50
53,290.20
44,646.00
37,855.10
36,867.70
34,742.10
30,772.90
29,140.80
26,494.20
Net Sales Growth
3.30%
1.91%
-2.43%
19.36%
17.94%
2.68%
6.12%
12.90%
5.60%
9.99%
 
Cost Of Goods Sold
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Gross Profit
54,015.70
52,988.30
51,995.50
53,290.20
44,646.00
37,855.10
36,867.70
34,742.10
30,772.90
29,140.80
26,494.20
GP Margin
100.00%
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
Total Expenditure
46,263.40
46,320.50
47,531.30
45,498.40
36,655.70
31,058.80
31,359.10
28,405.20
26,090.40
25,117.40
22,362.90
Power & Fuel Cost
-
192.20
194.70
175.30
139.90
140.40
205.30
199.20
194.70
187.90
168.80
% Of Sales
-
0.36%
0.37%
0.33%
0.31%
0.37%
0.56%
0.57%
0.63%
0.64%
0.64%
Employee Cost
-
29,623.80
29,128.30
27,691.80
22,285.90
19,297.30
18,810.00
17,507.90
16,624.00
15,453.90
13,947.50
% Of Sales
-
55.91%
56.02%
51.96%
49.92%
50.98%
51.02%
50.39%
54.02%
53.03%
52.64%
Manufacturing Exp.
-
1,250.40
1,159.60
1,165.90
995.80
762.80
862.50
686.90
668.90
689.60
615.10
% Of Sales
-
2.36%
2.23%
2.19%
2.23%
2.02%
2.34%
1.98%
2.17%
2.37%
2.32%
General & Admin Exp.
-
2,759.90
2,786.70
2,577.90
2,240.20
1,948.60
2,929.10
3,046.60
2,643.40
2,656.00
2,418.20
% Of Sales
-
5.21%
5.36%
4.84%
5.02%
5.15%
7.94%
8.77%
8.59%
9.11%
9.13%
Selling & Distn. Exp.
-
312.40
287.60
230.70
196.90
98.70
238.80
159.00
185.70
196.30
131.40
% Of Sales
-
0.59%
0.55%
0.43%
0.44%
0.26%
0.65%
0.46%
0.60%
0.67%
0.50%
Miscellaneous Exp.
-
1,042.30
2,153.60
991.40
358.00
904.90
650.00
559.30
371.50
476.10
131.40
% Of Sales
-
1.97%
4.14%
1.86%
0.80%
2.39%
1.76%
1.61%
1.21%
1.63%
1.44%
EBITDA
7,752.30
6,667.80
4,464.20
7,791.80
7,990.30
6,796.30
5,508.60
6,336.90
4,682.50
4,023.40
4,131.30
EBITDA Margin
14.35%
12.58%
8.59%
14.62%
17.90%
17.95%
14.94%
18.24%
15.22%
13.81%
15.59%
Other Income
447.50
1,151.40
959.00
965.00
1,142.00
787.10
1,192.40
534.20
1,443.60
938.60
578.70
Interest
316.20
321.70
392.20
325.60
162.60
174.00
191.90
133.20
162.40
128.60
97.00
Depreciation
1,847.70
1,852.90
1,817.10
1,956.70
1,520.40
1,457.70
1,445.80
1,129.20
1,085.00
978.10
758.90
PBT
6,035.90
5,644.60
3,213.90
6,474.50
7,449.30
5,951.70
5,063.30
5,608.70
4,878.70
3,855.30
3,854.10
Tax
1,577.80
1,400.20
827.60
1,588.50
1,822.00
1,599.90
1,160.40
1,254.40
1,092.60
1,002.10
830.10
Tax Rate
26.14%
24.81%
25.75%
24.53%
24.46%
26.88%
22.92%
22.37%
22.40%
25.99%
21.54%
PAT
4,458.10
4,251.50
2,357.80
4,831.30
5,566.10
4,426.80
4,038.50
4,363.10
3,799.70
2,815.20
2,990.30
PAT before Minority Interest
4,481.90
4,253.00
2,396.80
4,857.00
5,630.10
4,351.80
3,902.90
4,354.30
3,786.10
2,853.20
3,024.00
Minority Interest
23.80
-1.50
-39.00
-25.70
-64.00
75.00
135.60
8.80
13.60
-38.00
-33.70
PAT Margin
8.25%
8.02%
4.53%
9.07%
12.47%
11.69%
10.95%
12.56%
12.35%
9.66%
11.29%
PAT Growth
35.27%
80.32%
-51.20%
-13.20%
25.74%
9.61%
-7.44%
14.83%
34.97%
-5.86%
 
EPS
45.51
43.40
24.07
49.32
56.82
45.19
41.23
44.54
38.79
28.74
30.53

Results Balance Sheet

Consolidated Figures in Rs. Crores /

Standalone
Description
Mar 25
Mar 24
Mar 23
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Mar 16
Shareholder's Funds
28,591.90
27,899.80
29,154.90
28,116.10
26,095.40
23,043.50
21,514.80
20,073.20
17,667.60
15,821.30
Share Capital
442.40
441.30
440.00
438.80
437.00
435.90
443.70
441.70
438.80
435.50
Total Reserves
26,701.40
25,923.60
27,100.40
26,038.10
23,957.30
20,950.80
19,432.40
17,986.40
15,451.20
13,601.80
Non-Current Liabilities
941.10
990.20
1,910.70
2,935.30
2,012.30
2,146.70
514.10
1,361.60
1,274.50
342.80
Secured Loans
0.00
0.00
0.50
0.50
0.50
5.60
25.30
564.20
199.90
187.70
Unsecured Loans
0.00
102.50
128.30
141.50
165.30
173.10
183.30
206.90
185.40
8.90
Long Term Provisions
1,402.70
1,302.10
928.80
881.10
781.00
669.10
580.10
555.10
620.10
531.10
Current Liabilities
12,674.00
12,616.60
13,321.00
12,504.80
10,277.50
10,925.70
10,331.20
7,916.70
6,392.90
5,635.70
Trade Payables
4,410.80
3,785.30
4,384.60
4,094.70
2,785.00
3,256.60
2,489.30
2,036.80
1,805.90
2,275.80
Other Current Liabilities
4,857.10
5,046.60
5,407.60
5,346.30
4,351.10
3,962.70
5,233.10
3,584.10
2,541.20
1,508.10
Short Term Borrowings
358.10
1,358.10
1,357.00
1,348.10
1,496.00
2,249.50
1,196.10
954.90
834.20
805.50
Short Term Provisions
3,048.00
2,426.60
2,171.80
1,715.70
1,645.40
1,456.90
1,412.70
1,340.90
1,211.60
1,046.30
Total Liabilities
42,637.20
41,984.00
44,856.80
44,051.60
38,764.70
36,509.20
32,837.80
29,860.60
25,799.10
21,992.50
Net Block
13,947.50
13,831.70
14,856.70
14,703.90
8,929.40
8,727.60
6,890.40
7,431.80
6,359.00
4,309.30
Gross Block
29,033.90
28,133.00
27,891.00
25,777.20
18,747.40
17,681.90
14,544.80
14,551.60
12,427.00
8,529.20
Accumulated Depreciation
15,086.40
14,301.30
13,034.30
11,073.30
9,818.00
8,954.30
7,654.40
7,119.80
6,068.00
4,219.90
Non Current Assets
18,958.00
18,558.70
20,424.10
19,595.90
13,504.80
13,336.90
11,272.00
11,753.60
9,472.60
7,006.40
Capital Work in Progress
20.60
133.20
119.70
165.10
118.30
50.10
276.30
239.90
372.90
629.40
Non Current Investment
289.30
458.30
604.90
447.90
664.80
380.40
922.80
1,436.40
331.90
172.30
Long Term Loans & Adv.
3,413.20
3,389.60
3,534.70
2,946.80
2,442.10
2,781.10
2,513.00
2,164.50
1,680.30
1,378.60
Other Non Current Assets
1,253.40
674.60
1,233.30
1,252.50
1,350.20
1,397.70
669.50
481.00
728.50
516.80
Current Assets
23,679.20
23,425.30
24,432.70
24,455.70
25,259.90
23,172.30
21,565.80
18,107.00
16,326.50
14,986.10
Current Investments
2,892.80
2,779.40
2,783.20
4,435.90
9,661.90
5,612.30
6,589.90
3,594.90
2,164.70
1,124.80
Inventories
39.40
37.50
23.60
40.50
24.20
35.80
75.20
65.90
61.10
40.30
Sundry Debtors
11,547.00
11,401.10
12,881.60
11,933.40
9,031.70
7,577.20
6,958.60
6,497.90
5,337.70
5,770.50
Cash & Bank
4,542.20
4,735.50
4,254.70
3,974.50
2,835.20
3,148.30
2,358.70
3,044.30
3,218.60
4,018.00
Other Current Assets
4,657.80
2,032.70
1,951.80
2,212.10
3,706.90
6,798.70
5,583.40
4,904.00
5,544.40
4,032.50
Short Term Loans & Adv.
2,465.20
2,439.10
2,537.80
1,859.30
1,864.70
4,600.10
1,585.30
3,989.40
2,120.00
1,215.50
Net Current Assets
11,005.20
10,808.70
11,111.70
11,950.90
14,982.40
12,246.60
11,234.60
10,190.30
9,933.60
9,350.40
Total Assets
42,637.20
41,984.00
44,856.80
44,051.60
38,764.70
36,509.20
32,837.80
29,860.60
25,799.10
21,992.50

Cash Flow

Consolidated Figures in Rs. Crores /

Standalone
Description
Mar 25
Mar 24
Mar 23
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Mar 16
Cash From Operating Activity
5,785.70
6,376.40
5,572.00
5,285.30
8,093.80
4,358.10
4,432.00
3,553.50
4,071.40
3,137.00
PBT
5,653.20
3,224.40
6,445.50
7,452.10
5,952.90
5,057.80
5,543.20
4,878.80
3,853.00
3,856.70
Adjustment
1,873.10
2,430.00
2,964.70
1,581.20
1,992.00
1,335.20
1,607.40
984.30
709.80
1,056.80
Changes in Working Capital
-266.20
1,969.00
-1,845.10
-1,434.30
1,563.50
-521.80
-1,057.40
-783.20
588.10
-461.30
Cash after chg. in Working capital
7,260.10
7,623.40
7,565.10
7,599.00
9,508.40
5,871.20
6,093.20
5,079.90
5,150.90
4,452.20
Interest Paid
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Tax Paid
-1,474.40
-1,247.00
-1,993.10
-2,313.70
-1,414.60
-1,513.10
-1,661.20
-1,526.40
-1,079.50
-1,315.20
Other Direct Exp. Paid
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Extra & Other Items
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Cash From Investing Activity
11.90
-1,313.70
-278.50
481.50
-5,450.10
1,028.60
-2,116.40
-3,359.70
-2,889.50
-1,459.80
Net Fixed Assets
-379.20
-738.00
-586.00
-1,552.50
115.30
-908.70
137.90
-1,050.70
-576.80
-689.60
Net Investments
90.40
803.00
1,211.70
2,109.50
-5,893.20
2,326.50
-2,687.80
-2,625.10
-2,785.80
-888.40
Others
300.70
-1,378.70
-904.20
-75.50
327.80
-389.20
433.50
316.10
473.10
118.20
Cash from Financing Activity
-5,834.30
-4,767.20
-5,078.10
-4,666.60
-2,986.90
-4,465.50
-2,251.20
-269.40
-1,570.90
-496.10
Net Cash Inflow / Outflow
-36.70
295.50
215.40
1,100.20
-343.20
921.20
64.40
-75.60
-389.00
1,181.10
Opening Cash & Equivalents
4,347.10
4,056.30
3,788.90
2,690.40
3,016.70
2,042.70
1,966.10
2,001.30
2,393.80
1,206.10
Closing Cash & Equivalent
4,318.50
4,347.10
4,056.30
3,788.90
2,690.40
3,016.70
2,042.70
1,966.10
2,001.30
2,393.80

Financial Ratios

Consolidated /

Standalone
Description
Mar 25
Mar 24
Mar 23
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Mar 16
Book Value (Rs.)
306.78
298.72
312.96
301.70
279.11
245.32
223.98
208.60
181.06
161.16
ROA
10.05%
5.52%
10.93%
13.60%
11.56%
11.26%
13.89%
13.60%
11.94%
14.59%
ROE
15.90%
8.89%
17.98%
22.13%
19.01%
18.92%
22.74%
22.06%
19.07%
23.37%
ROCE
20.43%
12.02%
22.41%
26.49%
22.98%
21.44%
24.98%
24.29%
22.17%
26.46%
Fixed Asset Turnover
1.85
1.86
1.99
2.01
2.08
2.29
2.39
2.28
2.78
3.27
Receivable days
79.04
85.23
84.98
85.70
80.07
71.95
70.69
70.19
69.57
75.61
Inventory Days
0.26
0.21
0.22
0.26
0.29
0.55
0.74
0.75
0.64
0.45
Payable days
0.00
0.00
0.00
0.00
0.00
0.00
41.03
36.59
41.65
49.50
Cash Conversion Cycle
79.30
85.44
85.20
85.96
80.36
72.50
30.40
34.36
28.55
26.56
Total Debt/Equity
0.02
0.06
0.06
0.06
0.07
0.12
0.10
0.13
0.09
0.08
Interest Cover
18.57
9.22
20.80
46.83
35.21
27.39
43.11
31.04
30.98
40.73

Annual Reports:

FY 2025
FY 2024
FY 2023
FY 2022
FY 2021
FY 2020
FY 2019
FY 2018
FY 2017
FY 2016

News Update:


  • Tech Mahindra partners with Falcon
    30th Oct 2025, 15:42 PM

    The collaboration has been structured as a deep technology integration and go-to-market partnership

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  • Tech Mahindra collaborates with Crosscall
    29th Oct 2025, 12:30 PM

    The collaboration is to transform enterprise mobility across North America

    Read More
  • Tech Mahindra reports 4% fall in Q2 consolidated net profit
    15th Oct 2025, 10:15 AM

    The consolidated total income of the company increased by 1.45% at Rs 14034.90 crore for Q2FY26

    Read More
  • Tech Mahindra partners with Barbara
    1st Oct 2025, 17:25 PM

    The partnership aims to accelerate Edge AI adoption, enabling enterprises to orchestrate intelligence at scale and shape the future of Industrial AI

    Read More
  • Tech Mahindra partners with Canal Insurance Company
    30th Sep 2025, 15:56 PM

    The partnership will accelerate digital transformation across the Commercial Auto (Trucking) and P&C insurance market in North America

    Read More
  • Tech Mahindra collaborates with AMD
    25th Sep 2025, 17:51 PM

    Tech Mahindra and AMD are embarking on a multi-year collaboration with a comprehensive roadmap focused on infrastructure optimization and AI enablement

    Read More
  • Tech Mahindra’s arm to divest stake in Surance
    24th Sep 2025, 11:40 AM

    TMLL has executed a Share Transfer Agreement for divestment of its entire stake of 26.42% of the paid-up share capital of Surance

    Read More
  • Tech Mahindra unveils TechM Orion Marketplace
    23rd Sep 2025, 16:29 PM

    TechM Orion Marketplace is engineered to centralize AI governance, reduce the cognitive load on employees, and enable AI agents to operate autonomously across complex workflows

    Read More
  • Tech Mahindra partners with FintechOS
    18th Sep 2025, 12:57 PM

    The company and FintechOS will provide end-to-end product management to accelerate digital transformation for corporate banks and insurance firms

    Read More
  • Tech Mahindra joins hands with Shipsy to build AI-native supply chain ecosystem
    17th Sep 2025, 15:08 PM

    Tech Mahindra and Shipsy have entered into a partnership aimed at expediting AI-led innovation across the UK and Europe’s supply chain industry

    Read More
  • Tech Mahindra recognized as emerging leader in 2025 Gartner Emerging Market Quadrant
    11th Sep 2025, 14:47 PM

    The organization has embedded consistency and innovation across its AI programs and strategies to meet the evolving market needs

    Read More
  • Tech Mahindra partners with Athena
    2nd Sep 2025, 17:25 PM

    The partnership is to accelerate smart manufacturing with AI-enabled MES solutions

    Read More
  • Tech Mahindra partners with Abacus Insights
    2nd Sep 2025, 16:23 PM

    The partnership is to enable seamless compliance and modernize healthcare data interoperability

    Read More
  • O2 Telefonica to launch Large Telco Model in partnership with Tech Mahindra, Nvidia
    29th Aug 2025, 11:09 AM

    Built in collaboration with Tech Mahindra and NVIDIA, the Large Telco Model reimagines Network Operations around Agent Autonomy

    Read More
  • Tech Mahindra incorporates wholly-owned subsidiary in Kingdom of Saudi Arabia
    21st Aug 2025, 12:22 PM

    The subsidiary will assist in supporting, managing and providing strategic direction to the company’s subsidiaries in Bahrain and Egypt

    Read More
  • Tech Mahindra’s arm acquires additional stake in Signature
    18th Aug 2025, 12:59 PM

    Consequent to the aforesaid Transaction, Signature is become a subsidiary of Pininfarina and a step-down subsidiary of the Company

    Read More
  • Tech Mahindra to enable AI-powered Industry 4.0 Automation for Dixon Technologies
    6th Aug 2025, 15:06 PM

    This collaboration aims to streamline and unify Dixon's digital journey, enabling smarter operations, faster decision-making, and sustainable outcomes

    Read More
  • Tech Mahindra launches TechM Orion
    25th Jul 2025, 16:00 PM

    The platform is designed to help enterprises scale AI adoption responsibly and efficiently, with a focus on governance, transparency, and tangible business outcomes

    Read More

Source: www.accordfintech.com | DISCLAIMER: Information is provided " as is" and solely for informational purposes, not for trading purposes or advice, and may be delayed.