Current Price
₹ 1,420
Live Data
About Company
Tech Mahindra Ltd provides comprehensive range of IT services, including IT enabled service, application development and maintenance, consulting and enterprise business solutions, etc. to a diversified base of corporate customers in a wide range of industries.[1]
Financial Ratios
Key fundamental data analysis
Market Cap
₹ 1,39,081 Cr.
Current Price
₹ 1,420
High / Low
₹ 1,854 / 1,304
Stock P/E
27.8
Book Value
₹ 302
Dividend Yield
3.59 %
ROCE
23.1 %
ROE
17.6 %
Face Value
₹ 5.00
Analysis
Pros
- Company is almost debt free.
- Stock is providing a good dividend yield of 3.59%.
- Company has been maintaining a healthy dividend payout of 112%
- Debtor days have improved from 69.3 to 48.4 days.
Cons
- The company has delivered a poor sales growth of 8.46% over past five years.
- Company has a low return on equity of 13.7% over last 3 years.
Quarterly Results
| Metrics | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 13718 | 13159 | 12864 | 13101 | 12871 | 13006 | 13313 | 13286 | 13384 | 13351 | 13995 | 14393 | 15076 |
| Expenses | 11915 | 11821 | 11950 | 11955 | 11772 | 11441 | 11563 | 11477 | 11545 | 11416 | 11830 | 12028 | 12511 |
| Operating Profit | 1803 | 1338 | 914 | 1146 | 1099 | 1564 | 1750 | 1809 | 1839 | 1935 | 2165 | 2366 | 2565 |
| OPM % | 13 | 10 | 7 | 9 | 9 | 12 | 13 | 14 | 14 | 14 | 15 | 16 | 17 |
| Other Income | 306 | 200 | 264 | 92 | 380 | 147 | 522 | 23 | 173 | 219 | 40 | -293 | -205 |
| Interest | 93 | 120 | 98 | 116 | 58 | 72 | 89 | 76 | 85 | 78 | 77 | 94 | 89 |
| Depreciation | 490 | 447 | 466 | 443 | 461 | 462 | 470 | 459 | 462 | 458 | 469 | 474 | 481 |
| Profit before tax | 1525 | 971 | 615 | 679 | 959 | 1178 | 1714 | 1297 | 1464 | 1618 | 1659 | 1505 | 1791 |
| Tax % | 26 | 28 | 18 | 23 | 31 | 27 | 27 | 24 | 22 | 30 | 28 | 26 | 24 |
| Net Profit | 1125 | 704 | 505 | 524 | 664 | 865 | 1258 | 989 | 1142 | 1129 | 1202 | 1119 | 1356 |
| EPS in Rs | 11.47 | 7.1 | 5.06 | 5.23 | 6.77 | 8.71 | 12.78 | 10.05 | 11.92 | 11.65 | 12.19 | 11.45 | 13.82 |
Profit & Loss
| Metrics | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 22621 | 26494 | 29141 | 30773 | 34742 | 36868 | 37855 | 44646 | 53290 | 51996 | 52988 | 56815 |
| Expenses | 18428 | 22234 | 24956 | 26063 | 28471 | 31365 | 31059 | 36626 | 45527 | 47489 | 46024 | 47783 |
| Operating Profit | 4193 | 4260 | 4184 | 4710 | 6271 | 5503 | 6796 | 8020 | 7763 | 4506 | 6964 | 9033 |
| OPM % | 19 | 16 | 14 | 15 | 18 | 15 | 18 | 18 | 15 | 9 | 13 | 16 |
| Other Income | 106 | 453 | 775 | 1417 | 534 | 1192 | 788 | 1115 | 965 | 927 | 864 | -240 |
| Interest | 69 | 97 | 129 | 162 | 133 | 192 | 174 | 163 | 326 | 392 | 322 | 337 |
| Depreciation | 611 | 759 | 978 | 1085 | 1129 | 1446 | 1458 | 1520 | 1957 | 1817 | 1853 | 1882 |
| Profit before tax | 3618 | 3857 | 3853 | 4879 | 5543 | 5058 | 5953 | 7452 | 6446 | 3224 | 5653 | 6573 |
| Tax % | 27 | 22 | 26 | 22 | 23 | 23 | 27 | 24 | 25 | 26 | 25 | 27 |
| Net Profit | 2659 | 3027 | 2851 | 3786 | 4289 | 3897 | 4353 | 5630 | 4857 | 2397 | 4253 | 4806 |
| EPS in Rs | 27.35 | 30.92 | 28.88 | 38.78 | 43.7 | 41.76 | 45.73 | 57.27 | 49.6 | 24.14 | 43.43 | 49.1 |
| Dividend Payout % | 22 | 35 | 28 | 33 | 29 | 32 | 89 | 47 | 91 | 150 | 94 | 94 |