Current Price
₹ 1,404
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
₹ 1,37,351 Cr.
Current Price
₹ 1,404
High / Low
₹ 1,854 / 1,209
Stock P/E
28.6
Book Value
₹ 281
Dividend Yield
3.20 %
ROCE
18.6 %
ROE
14.6 %
Face Value
₹ 5.00
Analysis
Pros
- Company has reduced debt.
- Company is almost debt free.
- Stock is providing a good dividend yield of 3.20%.
- Company has been maintaining a healthy dividend payout of 111%
Cons
- The company has delivered a poor sales growth of 7.52% over past five years.
- Company has a low return on equity of 13.6% over last 3 years.
Quarterly Results
| Metrics | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 13735 | 13718 | 13159 | 12864 | 13101 | 12871 | 13006 | 13313 | 13286 | 13384 | 13351 | 13995 | 14393 |
| Expenses | 11600 | 11915 | 11821 | 11950 | 11955 | 11772 | 11441 | 11563 | 11477 | 11545 | 11416 | 11830 | 12028 |
| Operating Profit | 2135 | 1803 | 1338 | 914 | 1146 | 1099 | 1564 | 1750 | 1809 | 1839 | 1935 | 2165 | 2366 |
| OPM % | 16 | 13 | 10 | 7 | 9 | 9 | 12 | 13 | 14 | 14 | 14 | 15 | 16 |
| Other Income | 247 | 306 | 200 | 264 | 92 | 380 | 147 | 522 | 23 | 173 | 219 | 40 | -293 |
| Interest | 113 | 93 | 120 | 98 | 116 | 58 | 72 | 89 | 76 | 85 | 78 | 77 | 94 |
| Depreciation | 498 | 490 | 447 | 466 | 443 | 461 | 462 | 470 | 459 | 462 | 458 | 469 | 474 |
| Profit before tax | 1771 | 1525 | 971 | 615 | 679 | 959 | 1178 | 1714 | 1297 | 1464 | 1618 | 1659 | 1505 |
| Tax % | 27 | 26 | 28 | 18 | 23 | 31 | 27 | 27 | 24 | 22 | 30 | 28 | 26 |
| Net Profit | 1285 | 1125 | 704 | 505 | 524 | 664 | 865 | 1258 | 989 | 1142 | 1129 | 1202 | 1119 |
| EPS in Rs | 13.32 | 11.47 | 7.1 | 5.06 | 5.23 | 6.77 | 8.71 | 12.78 | 10.05 | 11.92 | 11.65 | 12.19 | 11.45 |
Profit & Loss
| Metrics | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 18802 | 22621 | 26494 | 29141 | 30773 | 34742 | 36868 | 37855 | 44646 | 53290 | 51996 | 52988 | 55123 |
| Expenses | 14630 | 18428 | 22234 | 24956 | 26063 | 28471 | 31365 | 31059 | 36626 | 45527 | 47489 | 46024 | 46818 |
| Operating Profit | 4172 | 4193 | 4260 | 4184 | 4710 | 6271 | 5503 | 6796 | 8020 | 7763 | 4506 | 6964 | 8305 |
| OPM % | 22 | 19 | 16 | 14 | 15 | 18 | 15 | 18 | 18 | 15 | 9 | 13 | 15 |
| Other Income | 244 | 106 | 453 | 775 | 1417 | 534 | 1192 | 788 | 1115 | 965 | 927 | 864 | 138 |
| Interest | 80 | 69 | 97 | 129 | 162 | 133 | 192 | 174 | 163 | 326 | 392 | 322 | 334 |
| Depreciation | 522 | 611 | 759 | 978 | 1085 | 1129 | 1446 | 1458 | 1520 | 1957 | 1817 | 1853 | 1863 |
| Profit before tax | 3815 | 3618 | 3857 | 3853 | 4879 | 5543 | 5058 | 5953 | 7452 | 6446 | 3224 | 5653 | 6247 |
| Tax % | 20 | 27 | 22 | 26 | 22 | 23 | 23 | 27 | 24 | 25 | 26 | 25 | - |
| Net Profit | 3062 | 2659 | 3027 | 2851 | 3786 | 4289 | 3897 | 4353 | 5630 | 4857 | 2397 | 4253 | 4591 |
| EPS in Rs | 32.44 | 27.35 | 30.92 | 28.88 | 38.78 | 43.7 | 41.76 | 45.73 | 57.27 | 49.6 | 24.14 | 43.43 | 47.21 |
| Dividend Payout % | 15 | 22 | 35 | 28 | 33 | 29 | 32 | 89 | 47 | 91 | 150 | 94 | - |