Nifty
:
24056.00
Sensex
:
77100.47
34.35 (0.14%)
109.25 (0.14%)
Nifty
Sensex
:
:
24056.00
77100.47
34.35 (0.14%)
109.25 (0.14%)

Tech Mahindra Ltd.

IT - Software Services

Rating :
49/99

BSE: 532755 | NSE: TECHM

NSE BSE
1437.10
25-Jun-2026
  • Open
  • High
  • Low
  • Previous Close
  •  1465
  •  1476
  •  1435.1
  •  1461.60
  • Volume
  • Traded Value (lacs)
  • 52 Week High
  • 52 Week Low
  •  2553830
  •  3691502787.1
  •  1854
  •  1304.1

Stock Summary

  • Market Cap(Crs)
  • Stock P:E
  • Face Value
  • 1,40,800.03
  • 29.27
  • 5
  • Enterprise Value(Crs)
  • Dividend Yield
  • Price:Book Value
  • 1,35,764.23
  • 3.55%
  • 4.78

Shareholding Pattern

  • Promoter
  • Corporate
  • Public
  • 34.97%
  • 0.30%
  • 7.15%
  • FII
  • DII
  • Others
  • 18.59%
  • 34.59%
  • 4.40%

Chart

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

Revenue CAGR (%)

  • 10 Years
  • 5 Years
  • 3 Years
  • 6.90
  • 4.94
  • 3.00

EBITDA CAGR (%)

  • 10 Years
  • 5 Years
  • 3 Years
  • 7.44
  • 0.63
  • 13.05

PAT CAGR (%)

  • 10 Years
  • 5 Years
  • 3 Years
  • 5.51
  • -2.87
  • 26.84

P:E (Median)

  • 8 Years
  • 5 Years
  • 3 Years
  • 23.39
  • 30.56
  • 35.45

P:BV (Average)

  • 8 Years
  • 5 Years
  • 3 Years
  • 4.41
  • 4.89
  • 5.15

EV:EBITDA (Average)

  • 8 Years
  • 5 Years
  • 3 Years
  • 14.69
  • 17.00
  • 19.26

Earnings Forecasts:

(Updated: 27-06-2026)
Description
2026
2027
2028
2029
Adj EPS
21.07
57.72
77.02
84.61
P/E Ratio
68.21
24.90
18.66
16.98
Revenue
15.09
56465.5
61919.1
65589.4
EBITDA
69693.6
8938.92
11027
11903.6
Net Income
12916.3
5097.23
6847.15
7533.44
ROA
8338.19
9.87
11.69
12.12
P/B Ratio
-0.19
4.68
4.09
3.86
ROE
3.75
18.75
22.61
23.7
FCFF
25.33
5038.06
6593.55
7356.05
FCFF Yield
7768.17
3.74
4.89
5.45
Net Debt
5.76
-6296.14
-9355.01
-11335.7
BVPS
-7666.47
307.34
351.2
372.23

Quarterly Results

Consolidated Figures in Rs. Crores /

Standalone
Description
Mar 26
Mar 25
Var%
Dec 25
Dec 24
Var%
Sep 25
Sep 24
Var%
Jun 25
Jun 24
Var%
Net Sales
15,076.10
13,384.00
12.64%
14,393.20
13,285.60
8.34%
13,994.90
13,313.20
5.12%
13,351.20
13,005.50
2.66%
Expenses
12,510.80
11,543.90
8.38%
12,027.60
11,476.60
4.80%
11,826.90
11,563.00
2.28%
11,416.00
11,441.00
-0.22%
EBITDA
2,565.30
1,840.10
39.41%
2,365.60
1,809.00
30.77%
2,168.00
1,750.20
23.87%
1,935.20
1,564.50
23.69%
EBIDTM
17.02%
13.75%
16.44%
13.62%
15.49%
13.15%
14.49%
12.03%
Other Income
-204.70
172.70
-
-21.70
16.50
-
40.00
521.50
-92.33%
218.30
144.70
50.86%
Interest
88.80
85.30
4.10%
93.60
75.90
23.32%
77.20
89.00
-13.26%
77.80
71.50
8.81%
Depreciation
481.10
462.10
4.11%
473.70
458.80
3.25%
468.70
469.80
-0.23%
458.10
462.20
-0.89%
PBT
1,790.70
1,465.40
22.20%
1,504.20
1,290.80
16.53%
1,662.10
1,712.90
-2.97%
1,617.60
1,175.50
37.61%
Tax
434.20
322.30
34.72%
386.50
308.60
25.24%
457.60
456.00
0.35%
489.30
313.30
56.18%
PAT
1,356.50
1,143.10
18.67%
1,117.70
982.20
13.80%
1,204.50
1,256.90
-4.17%
1,128.30
862.20
30.86%
PATM
9.00%
8.54%
7.77%
7.39%
8.61%
9.44%
8.45%
6.63%
EPS
15.29
13.19
15.92%
12.67
11.11
14.04%
13.49
14.14
-4.60%
12.89
9.63
33.85%

Annual Results

Consolidated Figures in Rs. Crores /

Standalone
Description
TTM
Mar 26
Mar 25
Mar 24
Mar 23
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Net Sales
-
56,815.40
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
Net Sales Growth
-
7.22%
1.91%
-2.43%
19.36%
17.94%
2.68%
6.12%
12.90%
5.60%
 
Cost Of Goods Sold
-
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Gross Profit
-
56,815.40
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
GP Margin
-
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
Total Expenditure
-
48,571.60
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
Power & Fuel Cost
-
205.70
192.20
194.70
175.30
139.90
140.40
205.30
199.20
194.70
187.90
% Of Sales
-
0.36%
0.36%
0.37%
0.33%
0.31%
0.37%
0.56%
0.57%
0.63%
0.64%
Employee Cost
-
30,478.80
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
% Of Sales
-
53.65%
55.91%
56.02%
51.96%
49.92%
50.98%
51.02%
50.39%
54.02%
53.03%
Manufacturing Exp.
-
1,069.60
1,250.40
1,159.60
1,165.90
995.80
762.80
862.50
686.90
668.90
689.60
% Of Sales
-
1.88%
2.36%
2.23%
2.19%
2.23%
2.02%
2.34%
1.98%
2.17%
2.37%
General & Admin Exp.
-
2,759.60
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
% Of Sales
-
4.86%
5.21%
5.36%
4.84%
5.02%
5.15%
7.94%
8.77%
8.59%
9.11%
Selling & Distn. Exp.
-
320.70
312.40
287.60
230.70
196.90
98.70
238.80
159.00
185.70
196.30
% Of Sales
-
0.56%
0.59%
0.55%
0.43%
0.44%
0.26%
0.65%
0.46%
0.60%
0.67%
Miscellaneous Exp.
-
1,237.10
1,042.30
2,153.60
991.40
358.00
904.90
650.00
559.30
371.50
196.30
% Of Sales
-
2.18%
1.97%
4.14%
1.86%
0.80%
2.39%
1.76%
1.61%
1.21%
1.63%
EBITDA
-
8,243.80
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
EBITDA Margin
-
14.51%
12.58%
8.59%
14.62%
17.90%
17.95%
14.94%
18.24%
15.22%
13.81%
Other Income
-
822.20
1,151.40
959.00
965.00
1,142.00
787.10
1,192.40
534.20
1,443.60
938.60
Interest
-
337.40
321.70
392.20
325.60
162.60
174.00
191.90
133.20
162.40
128.60
Depreciation
-
1,881.60
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
PBT
-
6,847.00
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
Tax
-
1,767.60
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
Tax Rate
-
26.89%
24.81%
25.75%
24.53%
24.46%
26.88%
22.92%
22.37%
22.40%
25.99%
PAT
-
4,810.90
4,251.50
2,357.80
4,831.30
5,566.10
4,428.00
4,033.00
4,297.60
3,799.80
2,812.90
PAT before Minority Interest
-
4,805.50
4,253.00
2,396.80
4,857.00
5,630.10
4,353.00
3,897.40
4,288.80
3,786.20
2,850.90
Minority Interest
-
5.40
-1.50
-39.00
-25.70
-64.00
75.00
135.60
8.80
13.60
-38.00
PAT Margin
-
8.47%
8.02%
4.53%
9.07%
12.47%
11.70%
10.94%
12.37%
12.35%
9.65%
PAT Growth
-
13.16%
80.32%
-51.20%
-13.20%
25.70%
9.79%
-6.16%
13.10%
35.08%
 
EPS
-
49.10
43.39
24.06
49.31
56.81
45.19
41.16
43.86
38.78
28.71

Results Balance Sheet

Consolidated Figures in Rs. Crores /

Standalone
Description
Mar 26
Mar 25
Mar 24
Mar 23
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Shareholder's Funds
30,845.80
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
Share Capital
442.80
442.40
441.30
440.00
438.80
437.00
435.90
443.70
441.70
438.80
Total Reserves
28,940.70
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
Non-Current Liabilities
1,378.10
941.10
990.20
1,910.70
2,935.30
2,012.30
2,146.70
514.10
1,361.60
1,274.50
Secured Loans
0.00
0.00
0.00
0.50
0.50
0.50
5.60
25.30
564.20
199.90
Unsecured Loans
0.00
0.00
102.50
128.30
141.50
165.30
173.10
183.30
206.90
185.40
Long Term Provisions
1,715.90
1,402.70
1,302.10
928.80
881.10
781.00
669.10
580.10
555.10
620.10
Current Liabilities
14,497.50
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
Trade Payables
5,040.00
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
Other Current Liabilities
6,032.80
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
Short Term Borrowings
69.40
358.10
1,358.10
1,357.00
1,348.10
1,496.00
2,249.50
1,196.10
954.90
834.20
Short Term Provisions
3,355.30
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
Total Liabilities
47,183.00
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
Net Block
14,831.70
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
Gross Block
31,646.20
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
Accumulated Depreciation
16,814.50
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
Non Current Assets
19,608.30
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
Capital Work in Progress
26.80
20.60
133.20
119.70
165.10
118.30
50.10
276.30
239.90
372.90
Non Current Investment
90.20
289.30
458.30
604.90
447.90
575.70
236.00
752.00
1,245.80
230.80
Long Term Loans & Adv.
3,389.90
3,413.20
3,389.60
3,534.70
2,946.80
2,442.10
2,781.10
2,482.20
2,123.70
1,644.30
Other Non Current Assets
1,237.40
1,253.40
674.60
1,233.30
1,252.50
1,350.20
1,397.70
700.30
521.80
764.50
Current Assets
27,574.70
23,679.20
23,425.30
24,432.70
24,455.70
25,259.90
23,172.30
21,565.80
18,107.00
16,300.00
Current Investments
3,335.50
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
Inventories
104.20
39.40
37.50
23.60
40.50
24.20
35.80
75.20
65.90
61.10
Sundry Debtors
13,357.70
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
Cash & Bank
5,105.40
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
Other Current Assets
5,671.90
2,192.60
2,032.70
1,951.80
4,071.40
3,706.90
6,798.70
5,583.40
4,904.00
5,517.90
Short Term Loans & Adv.
2,763.40
2,465.20
2,439.10
2,537.80
1,859.30
1,864.70
5,366.50
4,031.90
3,970.20
4,224.00
Net Current Assets
13,077.20
11,005.20
10,808.70
11,111.70
11,950.90
14,982.40
12,246.60
11,234.60
10,190.30
9,907.10
Total Assets
47,183.00
42,637.20
41,984.00
44,856.80
44,051.60
38,764.70
36,509.20
32,837.80
29,860.60
25,772.60

Cash Flow

Consolidated Figures in Rs. Crores /

Standalone
Description
Mar 26
Mar 25
Mar 24
Mar 23
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Cash From Operating Activity
6,172.00
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
PBT
6,573.10
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
Adjustment
2,736.30
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
Changes in Working Capital
-1,487.20
-266.20
1,969.00
-1,845.10
-1,434.30
1,563.50
-521.80
-1,057.40
-783.20
588.10
Cash after chg. in Working capital
7,822.20
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
Interest Paid
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Tax Paid
-1,650.20
-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
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
-409.20
-23.20
-1,313.70
-278.50
481.50
-5,450.10
1,028.60
-2,116.40
-3,359.70
-2,889.50
Net Fixed Assets
-676.80
-379.20
-738.00
-586.00
-1,552.50
115.30
-908.70
137.90
-1,050.70
-576.80
Net Investments
394.20
90.40
803.00
1,211.70
2,020.40
-5,903.80
2,312.10
-2,702.60
-2,541.70
-2,794.90
Others
-126.60
265.60
-1,378.70
-904.20
13.60
338.40
-374.80
448.30
232.70
482.20
Cash from Financing Activity
-5,130.50
-5,799.20
-4,767.20
-5,078.10
-4,666.60
-2,986.90
-4,465.50
-2,251.20
-269.40
-1,570.90
Net Cash Inflow / Outflow
632.30
-36.70
295.50
215.40
1,100.20
-343.20
921.20
64.40
-75.60
-389.00
Opening Cash & Equivalents
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
Closing Cash & Equivalent
5,046.10
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

Financial Ratios

Consolidated /

Standalone
Description
Mar 26
Mar 25
Mar 24
Mar 23
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Book Value (Rs.)
331.79
306.78
298.72
312.96
301.70
279.11
245.32
223.98
208.60
181.06
ROA
10.70%
10.05%
5.52%
10.93%
13.60%
11.56%
11.26%
13.89%
13.60%
11.94%
ROE
17.00%
15.90%
8.89%
17.98%
22.13%
19.01%
18.92%
22.74%
22.06%
19.07%
ROCE
23.04%
20.43%
12.02%
22.41%
26.49%
22.98%
21.44%
24.98%
24.29%
22.17%
Fixed Asset Turnover
1.87
1.85
1.86
1.99
2.01
2.08
2.29
2.39
2.28
2.78
Receivable days
80.00
79.04
85.23
84.98
85.70
80.07
71.95
70.69
70.19
69.57
Inventory Days
0.46
0.26
0.21
0.22
0.26
0.29
0.55
0.74
0.75
0.64
Payable days
0.00
0.00
0.00
0.00
0.00
0.00
0.00
41.03
36.59
41.65
Cash Conversion Cycle
80.46
79.30
85.44
85.20
85.96
80.36
72.50
30.40
34.36
28.55
Total Debt/Equity
0.00
0.02
0.06
0.06
0.06
0.07
0.12
0.10
0.13
0.09
Interest Cover
20.48
18.57
9.22
20.80
46.83
35.21
27.39
43.11
31.04
30.98

Annual Reports:

FY 2026
FY 2025
FY 2024
FY 2023
FY 2022
FY 2021
FY 2020
FY 2019
FY 2018
FY 2017

News Update:


  • Tech Mahindra deepens ties with Telefonica Germany to build next-gen private cloud platform
    23rd Jun 2026, 16:26 PM

    The multi-year engagement will focus on enabling a scalable, open, and future-ready digital infrastructure foundation to modernize telecom and enterprise workloads

    Read More
  • Tech Mahindra partners with Viam
    19th Jun 2026, 10:23 AM

    The partnership will include training and educating large cohorts of Tech Mahindra engineers on the Viam platform

    Read More
  • Tech Mahindra launches Agentic Development & Modernization Services
    3rd Jun 2026, 16:25 PM

    The portfolio integrates agentic AI across the application lifecycle, enabling organizations to accelerate their journey towards AI-led, autonomous enterprise ecosystems

    Read More
  • Tech Mahindra, Cisco partner to launch Cyber Resilience Fabric
    12th May 2026, 16:30 PM

    Cyber Resilience Fabric tackles a critical industry gap where enterprises are grappling with expanding attack surfaces and rising operational complexity

    Read More
  • Tech Mahindra partners with UKG
    7th May 2026, 15:43 PM

    Through the partnership, the company will deploy the UKG Workforce Operating Platform for its employees and expand its UKG services practice

    Read More
  • Tech Mahindra acquires Avant Techno Solutions
    2nd May 2026, 17:00 PM

    The acquisition is expected to further strengthen Tech Mahindra’s service capabilities and deepen its industry expertise within the BFSI vertical

    Read More
  • Tech Mahindra opens communications experience center in Pune
    23rd Apr 2026, 14:44 PM

    The company has established CEC in Pune to drive AI led innovation for CSPs

    Read More
  • Tech Mahindra - Quarterly Results
    23rd Apr 2026, 00:00 AM

    Read More
  • Tech Mahindra’s consolidated net profit rises 16% in Q4
    22nd Apr 2026, 16:14 PM

    The consolidated total income of the company increased by 9.69% at Rs 14871.40 crore for Q4FY26

    Read More
  • Tech Mahindra partners with Papaya Global
    7th Apr 2026, 14:28 PM

    The partnership is designed to help organizations modernize global workforce operations and enable compliant, scalable payments across employee and contingent workforce models

    Read More
  • Tech Mahindra partners with Kitsa
    6th Apr 2026, 09:50 AM

    The partnership represents the latest in Kitsa’s growing network of global technology alliances, as the company scales its reach across the pharmaceutical value chain

    Read More
  • Tech Mahindra partners with ParkourSC
    1st Apr 2026, 11:16 AM

    The partnership is aimed at delivering advanced digital supply chain capabilities for enterprises globally

    Read More
  • Tech Mahindra partners with Roofings Group to launch e-commerce platform
    23rd Mar 2026, 17:00 PM

    The company brings deep expertise in enabling end-to-end digital business transformation, combining domain-led consulting with advanced digital and AI-driven capabilities

    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.