Share Price and Basic Stock Data
Last Updated: January 24, 2026, 4:50 pm
| PEG Ratio | -7.95 |
|---|
Analyst Insight & Comprehensive Analysis
AI Stock Ranker – Real-Time Fundamental Strength Score
Business Overview and Revenue Trends
Tech Mahindra Ltd operates in the IT Consulting and Software industry, demonstrating a strong market presence with a current share price of ₹1,687 and a market capitalization of ₹1,65,269 Cr. The company reported sales of ₹53,290 Cr for the fiscal year ending March 2023, a substantial increase from ₹44,646 Cr in the previous year. However, sales for the trailing twelve months (TTM) rose marginally to ₹54,016 Cr, indicating a slight slowdown in growth momentum. The quarterly sales figures reflect variability, peaking at ₹13,735 Cr in December 2022 and declining to ₹12,864 Cr by September 2023. This trend highlights potential challenges in maintaining consistent revenue growth amid shifting market dynamics. The operating profit margin (OPM) has fluctuated significantly, standing at 15% for the latest reporting period, but showing a downward trend from 16% in December 2022 to just 7% in September 2023. The company must address these fluctuations to sustain its competitive edge in the IT consulting sector.
Profitability and Efficiency Metrics
Tech Mahindra’s profitability metrics reveal critical insights into its operational efficiency. The company recorded a net profit of ₹4,461 Cr for the trailing twelve months, with a net profit margin of 8.01% for March 2025, slightly improved from 4.58% in March 2024. However, the net profit has faced volatility, dropping to ₹505 Cr in September 2023, before recovering to ₹1,202 Cr in September 2025. The return on equity (ROE) stood at 14.6%, while the return on capital employed (ROCE) was slightly higher at 18.6%. These figures are indicative of solid returns relative to shareholder equity and capital utilized. The interest coverage ratio (ICR) of 24.31x demonstrates the company’s strong ability to meet its interest obligations, indicating a low risk of financial distress. However, the operating profit has shown a declining trend, which may require strategic adjustments to enhance operational resilience and profitability in the future.
Balance Sheet Strength and Financial Ratios
Tech Mahindra’s balance sheet exhibits robust financial health, with total reserves amounting to ₹27,061 Cr and borrowings significantly low at ₹1,954 Cr. This results in a debt-to-equity ratio of just 0.01, underscoring the company’s conservative leverage strategy. The current ratio is a healthy 1.87, indicating sound liquidity to cover short-term obligations. Additionally, the price-to-book value (P/BV) ratio stands at 4.59x, reflecting a premium valuation compared to its book value of ₹309.24 per share. The company’s asset turnover ratio of 1.21% signifies efficient use of assets to generate revenue, although it is essential to monitor this metric against industry standards for continuous improvement. Furthermore, the dividend payout ratio of 90.36% indicates a strong commitment to returning value to shareholders, although a high payout could limit reinvestment opportunities for growth.
Shareholding Pattern and Investor Confidence
The shareholding pattern of Tech Mahindra reveals a diverse investor base, with promoters holding 34.98% of the shares, foreign institutional investors (FIIs) at 20.60%, domestic institutional investors (DIIs) at 34.64%, and the public holding 9.61%. The presence of significant institutional ownership indicates a level of confidence in the company’s strategic direction and operational performance. However, FII ownership has seen a decline from 27.95% in December 2022 to the current 20.60%, which may reflect cautious sentiment among foreign investors regarding the company’s growth prospects. Meanwhile, DII participation has increased from 23.73% to 34.64%, suggesting enhanced confidence among domestic investors. The total number of shareholders has decreased from 9,92,238 in December 2022 to 7,66,782, indicating potential consolidation of investment as larger players take positions in the company.
Outlook, Risks, and Final Insight
Tech Mahindra’s outlook is contingent on its ability to navigate industry challenges and capitalize on emerging opportunities in the IT consulting sector. The company faces risks such as fluctuating demand for IT services and potential economic downturns that could affect client spending. Additionally, maintaining profitability amid rising operational costs will be crucial for sustaining margins. On the other hand, the strong balance sheet, characterized by low debt and significant reserves, provides a buffer against market volatility. The company’s commitment to innovation and strategic investments can drive future growth, especially in areas like digital transformation and cloud services. If Tech Mahindra can effectively manage its operational efficiency and leverage its strong financial position, it stands to enhance its market share and deliver sustained shareholder value in the long run.
Source: Getaka Fundamental Analysis | Generated using proprietary financial data.
Competitors
| Stock Name ⇩ | Market Cap ⇩ | Current Price ⇩ | High / Low ⇩ | Stock P/E ⇩ | Book Value ⇩ | Dividend Yield ⇩ | ROCE ⇩ | ROE ⇩ | Face Value ⇩ |
|---|---|---|---|---|---|---|---|---|---|
| Visesh Infotecnics Ltd | 125 Cr. | 0.33 | / | 1.11 | 0.00 % | 2.21 % | 2.23 % | 1.00 | |
| Mudunuru Ltd | 59.0 Cr. | 18.7 | 21.0/4.43 | 0.20 | 0.00 % | 27.0 % | 90.7 % | 2.00 | |
| Naapbooks Ltd | 133 Cr. | 123 | 194/99.8 | 20.3 | 36.4 | 0.00 % | 23.6 % | 17.1 % | 10.0 |
| IB Infotech Enterprises Ltd | 47.3 Cr. | 370 | 375/140 | 29.6 | 26.7 | 0.27 % | 38.5 % | 35.4 % | 10.0 |
| Hit Kit Global Solutions Ltd | 6.41 Cr. | 1.19 | 1.73/0.91 | 2.47 | 0.00 % | 2.14 % | 2.15 % | 2.00 | |
| Industry Average | 20,191.39 Cr | 526.46 | 78.54 | 123.68 | 0.60% | 14.88% | 20.92% | 6.84 |
Quarterly Result
| Metric | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 13,130 | 13,735 | 13,718 | 13,159 | 12,864 | 13,101 | 12,871 | 13,006 | 13,313 | 13,286 | 13,384 | 13,351 | 13,995 |
| Expenses | 11,185 | 11,600 | 11,915 | 11,821 | 11,950 | 11,955 | 11,772 | 11,441 | 11,563 | 11,477 | 11,545 | 11,416 | 11,830 |
| Operating Profit | 1,944 | 2,135 | 1,803 | 1,338 | 914 | 1,146 | 1,099 | 1,564 | 1,750 | 1,809 | 1,839 | 1,935 | 2,165 |
| OPM % | 15% | 16% | 13% | 10% | 7% | 9% | 9% | 12% | 13% | 14% | 14% | 14% | 15% |
| Other Income | 290 | 247 | 306 | 200 | 264 | 92 | 380 | 147 | 522 | 23 | 173 | 219 | 40 |
| Interest | 79 | 113 | 93 | 120 | 98 | 116 | 58 | 72 | 89 | 76 | 85 | 78 | 77 |
| Depreciation | 492 | 498 | 490 | 447 | 466 | 443 | 461 | 462 | 470 | 459 | 462 | 458 | 469 |
| Profit before tax | 1,664 | 1,771 | 1,525 | 971 | 615 | 679 | 959 | 1,178 | 1,714 | 1,297 | 1,464 | 1,618 | 1,659 |
| Tax % | 22% | 27% | 26% | 28% | 18% | 23% | 31% | 27% | 27% | 24% | 22% | 30% | 28% |
| Net Profit | 1,299 | 1,285 | 1,125 | 704 | 505 | 524 | 664 | 865 | 1,258 | 989 | 1,142 | 1,129 | 1,202 |
| EPS in Rs | 13.21 | 13.32 | 11.47 | 7.10 | 5.06 | 5.23 | 6.77 | 8.71 | 12.78 | 10.05 | 11.92 | 11.65 | 12.19 |
Last Updated: December 28, 2025, 9:36 pm
Below is a detailed analysis of the quarterly data for Tech Mahindra Ltd based on the most recent figures (Sep 2025) and their trends compared to the previous period:
- For Sales, as of Sep 2025, the value is 13,995.00 Cr.. The value appears strong and on an upward trend. It has increased from 13,351.00 Cr. (Jun 2025) to 13,995.00 Cr., marking an increase of 644.00 Cr..
- For Expenses, as of Sep 2025, the value is 11,830.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 11,416.00 Cr. (Jun 2025) to 11,830.00 Cr., marking an increase of 414.00 Cr..
- For Operating Profit, as of Sep 2025, the value is 2,165.00 Cr.. The value appears strong and on an upward trend. It has increased from 1,935.00 Cr. (Jun 2025) to 2,165.00 Cr., marking an increase of 230.00 Cr..
- For OPM %, as of Sep 2025, the value is 15.00%. The value appears strong and on an upward trend. It has increased from 14.00% (Jun 2025) to 15.00%, marking an increase of 1.00%.
- For Other Income, as of Sep 2025, the value is 40.00 Cr.. The value appears to be declining and may need further review. It has decreased from 219.00 Cr. (Jun 2025) to 40.00 Cr., marking a decrease of 179.00 Cr..
- For Interest, as of Sep 2025, the value is 77.00 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 78.00 Cr. (Jun 2025) to 77.00 Cr., marking a decrease of 1.00 Cr..
- For Depreciation, as of Sep 2025, the value is 469.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 458.00 Cr. (Jun 2025) to 469.00 Cr., marking an increase of 11.00 Cr..
- For Profit before tax, as of Sep 2025, the value is 1,659.00 Cr.. The value appears strong and on an upward trend. It has increased from 1,618.00 Cr. (Jun 2025) to 1,659.00 Cr., marking an increase of 41.00 Cr..
- For Tax %, as of Sep 2025, the value is 28.00%. The value appears to be improving (decreasing) as expected. It has decreased from 30.00% (Jun 2025) to 28.00%, marking a decrease of 2.00%.
- For Net Profit, as of Sep 2025, the value is 1,202.00 Cr.. The value appears strong and on an upward trend. It has increased from 1,129.00 Cr. (Jun 2025) to 1,202.00 Cr., marking an increase of 73.00 Cr..
- For EPS in Rs, as of Sep 2025, the value is 12.19. The value appears strong and on an upward trend. It has increased from 11.65 (Jun 2025) to 12.19, marking an increase of 0.54.
Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.
Profit & Loss - Annual Report
Last Updated: October 15, 2025, 4:18 am
| Metric | 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 | 18,802 | 22,621 | 26,494 | 29,141 | 30,773 | 34,742 | 36,868 | 37,855 | 44,646 | 53,290 | 51,996 | 52,988 | 54,016 |
| Expenses | 14,630 | 18,428 | 22,234 | 24,956 | 26,063 | 28,471 | 31,365 | 31,059 | 36,626 | 45,527 | 47,489 | 46,024 | 46,267 |
| Operating Profit | 4,172 | 4,193 | 4,260 | 4,184 | 4,710 | 6,271 | 5,503 | 6,796 | 8,020 | 7,763 | 4,506 | 6,964 | 7,748 |
| OPM % | 22% | 19% | 16% | 14% | 15% | 18% | 15% | 18% | 18% | 15% | 9% | 13% | 14% |
| Other Income | 244 | 106 | 453 | 775 | 1,417 | 534 | 1,192 | 788 | 1,115 | 965 | 927 | 864 | 455 |
| Interest | 80 | 69 | 97 | 129 | 162 | 133 | 192 | 174 | 163 | 326 | 392 | 322 | 316 |
| Depreciation | 522 | 611 | 759 | 978 | 1,085 | 1,129 | 1,446 | 1,458 | 1,520 | 1,957 | 1,817 | 1,853 | 1,848 |
| Profit before tax | 3,815 | 3,618 | 3,857 | 3,853 | 4,879 | 5,543 | 5,058 | 5,953 | 7,452 | 6,446 | 3,224 | 5,653 | 6,039 |
| Tax % | 20% | 27% | 22% | 26% | 22% | 23% | 23% | 27% | 24% | 25% | 26% | 25% | |
| Net Profit | 3,062 | 2,659 | 3,027 | 2,851 | 3,786 | 4,289 | 3,897 | 4,353 | 5,630 | 4,857 | 2,397 | 4,253 | 4,461 |
| EPS in Rs | 32.44 | 27.35 | 30.92 | 28.88 | 38.78 | 43.70 | 41.76 | 45.73 | 57.27 | 49.60 | 24.14 | 43.43 | 45.81 |
| Dividend Payout % | 15% | 22% | 35% | 28% | 33% | 29% | 32% | 89% | 47% | 91% | 150% | 94% |
YoY Net Profit Growth
| Year | 2014-2015 | 2015-2016 | 2016-2017 | 2017-2018 | 2018-2019 | 2019-2020 | 2020-2021 | 2021-2022 | 2022-2023 | 2023-2024 | 2024-2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| YoY Net Profit Growth (%) | -13.16% | 13.84% | -5.81% | 32.80% | 13.29% | -9.14% | 11.70% | 29.34% | -13.73% | -50.65% | 77.43% |
| Change in YoY Net Profit Growth (%) | 0.00% | 27.00% | -19.65% | 38.61% | -19.51% | -22.43% | 20.84% | 17.63% | -43.07% | -36.92% | 128.08% |
Tech Mahindra Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2014-2015 to 2024-2025.
Growth
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 9% |
| 5 Years: | 8% |
| 3 Years: | 6% |
| TTM: | 3% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 4% |
| 5 Years: | 0% |
| 3 Years: | -11% |
| TTM: | 80% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 11% |
| 5 Years: | 15% |
| 3 Years: | 12% |
| 1 Year: | -8% |
| Return on Equity | |
|---|---|
| 10 Years: | 18% |
| 5 Years: | 16% |
| 3 Years: | 14% |
| Last Year: | 15% |
Last Updated: September 5, 2025, 1:41 pm
Balance Sheet
Last Updated: December 4, 2025, 2:05 am
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 234 | 480 | 436 | 439 | 442 | 444 | 436 | 437 | 439 | 440 | 441 | 442 | 443 |
| Reserves | 8,948 | 11,768 | 14,155 | 15,998 | 18,401 | 19,841 | 21,377 | 24,428 | 26,447 | 27,484 | 26,228 | 26,919 | 27,061 |
| Borrowings | 363 | 700 | 1,091 | 1,366 | 2,397 | 1,996 | 3,670 | 2,901 | 2,618 | 2,740 | 2,537 | 2,025 | 1,954 |
| Other Liabilities | 6,394 | 6,899 | 6,843 | 8,254 | 9,192 | 11,166 | 11,834 | 11,836 | 14,911 | 15,162 | 13,943 | 14,880 | 16,370 |
| Total Liabilities | 15,940 | 19,848 | 22,525 | 26,057 | 30,431 | 33,446 | 37,318 | 39,602 | 44,416 | 45,827 | 43,149 | 44,267 | 45,828 |
| Fixed Assets | 2,594 | 4,033 | 4,309 | 6,460 | 7,622 | 7,061 | 8,872 | 9,018 | 14,784 | 14,932 | 13,903 | 13,982 | 14,262 |
| CWIP | 266 | 568 | 629 | 373 | 240 | 276 | 50 | 118 | 165 | 120 | 133 | 21 | 23 |
| Investments | 1,472 | 2,103 | 1,297 | 2,396 | 4,841 | 7,342 | 5,848 | 10,238 | 4,884 | 3,388 | 3,238 | 3,182 | 3,082 |
| Other Assets | 11,607 | 13,145 | 16,289 | 16,828 | 17,728 | 18,766 | 22,548 | 20,228 | 24,583 | 27,388 | 25,875 | 27,082 | 28,461 |
| Total Assets | 15,940 | 19,848 | 22,525 | 26,057 | 30,431 | 33,446 | 37,318 | 39,602 | 44,416 | 45,827 | 43,149 | 44,267 | 45,828 |
Below is a detailed analysis of the balance sheet data for Tech Mahindra Ltd based on the most recent figures (Sep 2025) and their trends compared to the previous period:
- For Equity Capital, as of Sep 2025, the value is 443.00 Cr.. The value appears strong and on an upward trend. It has increased from 442.00 Cr. (Mar 2025) to 443.00 Cr., marking an increase of 1.00 Cr..
- For Reserves, as of Sep 2025, the value is 27,061.00 Cr.. The value appears strong and on an upward trend. It has increased from 26,919.00 Cr. (Mar 2025) to 27,061.00 Cr., marking an increase of 142.00 Cr..
- For Borrowings, as of Sep 2025, the value is 1,954.00 Cr.. The value appears to be improving (decreasing). Additionally, since Reserves exceed Borrowings, this is considered a positive sign. It has decreased from 2,025.00 Cr. (Mar 2025) to 1,954.00 Cr., marking a decrease of 71.00 Cr..
- For Other Liabilities, as of Sep 2025, the value is 16,370.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 14,880.00 Cr. (Mar 2025) to 16,370.00 Cr., marking an increase of 1,490.00 Cr..
- For Total Liabilities, as of Sep 2025, the value is 45,828.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 44,267.00 Cr. (Mar 2025) to 45,828.00 Cr., marking an increase of 1,561.00 Cr..
- For Fixed Assets, as of Sep 2025, the value is 14,262.00 Cr.. The value appears strong and on an upward trend. It has increased from 13,982.00 Cr. (Mar 2025) to 14,262.00 Cr., marking an increase of 280.00 Cr..
- For CWIP, as of Sep 2025, the value is 23.00 Cr.. The value appears strong and on an upward trend. It has increased from 21.00 Cr. (Mar 2025) to 23.00 Cr., marking an increase of 2.00 Cr..
- For Investments, as of Sep 2025, the value is 3,082.00 Cr.. The value appears to be declining and may need further review. It has decreased from 3,182.00 Cr. (Mar 2025) to 3,082.00 Cr., marking a decrease of 100.00 Cr..
- For Other Assets, as of Sep 2025, the value is 28,461.00 Cr.. The value appears strong and on an upward trend. It has increased from 27,082.00 Cr. (Mar 2025) to 28,461.00 Cr., marking an increase of 1,379.00 Cr..
- For Total Assets, as of Sep 2025, the value is 45,828.00 Cr.. The value appears strong and on an upward trend. It has increased from 44,267.00 Cr. (Mar 2025) to 45,828.00 Cr., marking an increase of 1,561.00 Cr..
Notably, the Reserves (27,061.00 Cr.) exceed the Borrowings (1,954.00 Cr.), indicating a solid financial buffer.
Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.
Cash Flow
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Free Cash Flow
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Free Cash Flow | -359.00 | -696.00 | 3.00 | 3.00 | 2.00 | 5.00 | 2.00 | 4.00 | 6.00 | 5.00 | 2.00 | 4.00 |
Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)
Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.
Financial Efficiency Indicators
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 84 | 84 | 80 | 67 | 77 | 73 | 75 | 87 | 98 | 88 | 80 | 80 |
| Inventory Days | ||||||||||||
| Days Payable | ||||||||||||
| Cash Conversion Cycle | 84 | 84 | 80 | 67 | 77 | 73 | 75 | 87 | 98 | 88 | 80 | 80 |
| Working Capital Days | 47 | 54 | 58 | 57 | 42 | 24 | 35 | 24 | 29 | 28 | 23 | 25 |
| ROCE % | 45% | 32% | 27% | 23% | 24% | 25% | 22% | 23% | 26% | 22% | 12% | 19% |
Mutual Fund Holdings
| Fund Name | No of Shares | AUM (%) | Amount Invested (Cr) | Previous Number of Shares | Previous Date | Percentage Change |
|---|---|---|---|---|---|---|
| Tata Digital India Fund | 7,145,933 | 8.97 | 1084.25 | 6,170,933 | 2025-10-30 04:08:57 | 15.8% |
| SBI Large Cap Fund | 6,500,000 | 1.77 | 986.25 | N/A | N/A | N/A |
| ICICI Prudential Technology Fund | 6,317,672 | 6.16 | 958.58 | 5,937,672 | 2025-12-15 03:21:17 | 6.4% |
| Kotak Flexicap Fund | 4,700,000 | 1.25 | 713.13 | N/A | N/A | N/A |
| SBI Contra Fund | 4,186,409 | 1.27 | 635.2 | N/A | N/A | N/A |
| SBI Balanced Advantage Fund | 4,172,687 | 1.61 | 633.12 | 4,496,087 | 2025-10-30 04:08:57 | -7.19% |
| SBI ELSS Tax Saver Fund | 3,780,741 | 1.77 | 573.65 | N/A | N/A | N/A |
| Kotak Large & Midcap Fund | 3,200,000 | 1.62 | 485.54 | N/A | N/A | N/A |
| Aditya Birla Sun Life Flexi Cap Fund | 2,820,504 | 1.72 | 427.96 | N/A | N/A | N/A |
| ICICI Prudential Large Cap Fund | 2,786,756 | 0.54 | 422.83 | N/A | N/A | N/A |
Key Financial Ratios
| Month | Mar 25 | Mar 24 | Mar 23 | Mar 22 | Mar 21 |
|---|---|---|---|---|---|
| FaceValue | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 |
| Basic EPS (Rs.) | 48.00 | 26.66 | 54.76 | 63.32 | 50.64 |
| Diluted EPS (Rs.) | 47.91 | 26.58 | 54.76 | 62.81 | 50.19 |
| Cash EPS (Rs.) | 68.91 | 47.63 | 80.45 | 81.45 | 66.47 |
| Book Value[Excl.RevalReserv]/Share (Rs.) | 309.24 | 307.56 | 322.65 | 311.99 | 288.78 |
| Book Value[Incl.RevalReserv]/Share (Rs.) | 309.24 | 307.56 | 322.65 | 311.99 | 288.78 |
| Revenue From Operations / Share (Rs.) | 598.87 | 589.12 | 605.57 | 508.73 | 433.12 |
| PBDIT / Share (Rs.) | 88.37 | 61.45 | 102.20 | 104.06 | 86.77 |
| PBIT / Share (Rs.) | 67.43 | 40.86 | 77.27 | 86.73 | 70.09 |
| PBT / Share (Rs.) | 63.80 | 36.41 | 73.57 | 84.88 | 68.10 |
| Net Profit / Share (Rs.) | 47.97 | 27.04 | 55.52 | 64.12 | 49.79 |
| NP After MI And SOA / Share (Rs.) | 48.05 | 26.71 | 54.90 | 63.42 | 50.66 |
| PBDIT Margin (%) | 14.75 | 10.43 | 16.87 | 20.45 | 20.03 |
| PBIT Margin (%) | 11.25 | 6.93 | 12.76 | 17.04 | 16.18 |
| PBT Margin (%) | 10.65 | 6.18 | 12.14 | 16.68 | 15.72 |
| Net Profit Margin (%) | 8.01 | 4.58 | 9.16 | 12.60 | 11.49 |
| NP After MI And SOA Margin (%) | 8.02 | 4.53 | 9.06 | 12.46 | 11.69 |
| Return on Networth / Equity (%) | 15.53 | 8.84 | 17.30 | 20.70 | 17.81 |
| Return on Capital Employeed (%) | 18.74 | 11.70 | 21.51 | 23.51 | 20.83 |
| Return On Assets (%) | 9.55 | 5.42 | 10.46 | 12.40 | 11.15 |
| Long Term Debt / Equity (X) | 0.00 | 0.00 | 0.00 | 0.01 | 0.01 |
| Total Debt / Equity (X) | 0.01 | 0.05 | 0.05 | 0.05 | 0.06 |
| Asset Turnover Ratio (%) | 1.21 | 1.16 | 1.17 | 0.92 | 0.83 |
| Current Ratio (X) | 1.87 | 1.86 | 1.68 | 1.96 | 2.46 |
| Quick Ratio (X) | 1.87 | 1.85 | 1.68 | 1.95 | 2.45 |
| Inventory Turnover Ratio (X) | 1378.11 | 0.00 | 0.00 | 0.00 | 0.00 |
| Dividend Payout Ratio (NP) (%) | 90.36 | 166.12 | 88.24 | 71.52 | 39.72 |
| Dividend Payout Ratio (CP) (%) | 62.93 | 93.82 | 60.68 | 56.18 | 29.88 |
| Earning Retention Ratio (%) | 9.64 | -66.12 | 11.76 | 28.48 | 60.28 |
| Cash Earning Retention Ratio (%) | 37.07 | 6.18 | 39.32 | 43.82 | 70.12 |
| Interest Coverage Ratio (X) | 24.31 | 13.83 | 27.62 | 56.16 | 43.58 |
| Interest Coverage Ratio (Post Tax) (X) | 14.19 | 7.08 | 16.01 | 35.61 | 26.01 |
| Enterprise Value (Cr.) | 121824.04 | 107633.20 | 94756.50 | 129681.17 | 85841.35 |
| EV / Net Operating Revenue (X) | 2.30 | 2.07 | 1.78 | 2.90 | 2.27 |
| EV / EBITDA (X) | 15.58 | 19.85 | 10.54 | 14.20 | 11.32 |
| MarketCap / Net Operating Revenue (X) | 2.37 | 2.12 | 1.82 | 2.95 | 2.29 |
| Retention Ratios (%) | 9.63 | -66.12 | 11.75 | 28.47 | 60.27 |
| Price / BV (X) | 4.59 | 4.14 | 3.47 | 4.89 | 3.48 |
| Price / Net Operating Revenue (X) | 2.37 | 2.12 | 1.82 | 2.95 | 2.29 |
| EarningsYield | 0.03 | 0.02 | 0.04 | 0.04 | 0.05 |
After reviewing the key financial ratios for Tech Mahindra Ltd, here is a detailed analysis based on the latest available data and recent trends:
- For FaceValue, as of Mar 25, the value is 5.00. This value is within the healthy range. There is no change compared to the previous period (Mar 24) which recorded 5.00.
- For Basic EPS (Rs.), as of Mar 25, the value is 48.00. This value is within the healthy range. It has increased from 26.66 (Mar 24) to 48.00, marking an increase of 21.34.
- For Diluted EPS (Rs.), as of Mar 25, the value is 47.91. This value is within the healthy range. It has increased from 26.58 (Mar 24) to 47.91, marking an increase of 21.33.
- For Cash EPS (Rs.), as of Mar 25, the value is 68.91. This value is within the healthy range. It has increased from 47.63 (Mar 24) to 68.91, marking an increase of 21.28.
- For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 309.24. It has increased from 307.56 (Mar 24) to 309.24, marking an increase of 1.68.
- For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 309.24. It has increased from 307.56 (Mar 24) to 309.24, marking an increase of 1.68.
- For Revenue From Operations / Share (Rs.), as of Mar 25, the value is 598.87. It has increased from 589.12 (Mar 24) to 598.87, marking an increase of 9.75.
- For PBDIT / Share (Rs.), as of Mar 25, the value is 88.37. This value is within the healthy range. It has increased from 61.45 (Mar 24) to 88.37, marking an increase of 26.92.
- For PBIT / Share (Rs.), as of Mar 25, the value is 67.43. This value is within the healthy range. It has increased from 40.86 (Mar 24) to 67.43, marking an increase of 26.57.
- For PBT / Share (Rs.), as of Mar 25, the value is 63.80. This value is within the healthy range. It has increased from 36.41 (Mar 24) to 63.80, marking an increase of 27.39.
- For Net Profit / Share (Rs.), as of Mar 25, the value is 47.97. This value is within the healthy range. It has increased from 27.04 (Mar 24) to 47.97, marking an increase of 20.93.
- For NP After MI And SOA / Share (Rs.), as of Mar 25, the value is 48.05. This value is within the healthy range. It has increased from 26.71 (Mar 24) to 48.05, marking an increase of 21.34.
- For PBDIT Margin (%), as of Mar 25, the value is 14.75. This value is within the healthy range. It has increased from 10.43 (Mar 24) to 14.75, marking an increase of 4.32.
- For PBIT Margin (%), as of Mar 25, the value is 11.25. This value is within the healthy range. It has increased from 6.93 (Mar 24) to 11.25, marking an increase of 4.32.
- For PBT Margin (%), as of Mar 25, the value is 10.65. This value is within the healthy range. It has increased from 6.18 (Mar 24) to 10.65, marking an increase of 4.47.
- For Net Profit Margin (%), as of Mar 25, the value is 8.01. This value is within the healthy range. It has increased from 4.58 (Mar 24) to 8.01, marking an increase of 3.43.
- For NP After MI And SOA Margin (%), as of Mar 25, the value is 8.02. This value is within the healthy range. It has increased from 4.53 (Mar 24) to 8.02, marking an increase of 3.49.
- For Return on Networth / Equity (%), as of Mar 25, the value is 15.53. This value is within the healthy range. It has increased from 8.84 (Mar 24) to 15.53, marking an increase of 6.69.
- For Return on Capital Employeed (%), as of Mar 25, the value is 18.74. This value is within the healthy range. It has increased from 11.70 (Mar 24) to 18.74, marking an increase of 7.04.
- For Return On Assets (%), as of Mar 25, the value is 9.55. This value is within the healthy range. It has increased from 5.42 (Mar 24) to 9.55, marking an increase of 4.13.
- For Long Term Debt / Equity (X), as of Mar 25, the value is 0.00. This value is below the healthy minimum of 0.2. There is no change compared to the previous period (Mar 24) which recorded 0.00.
- For Total Debt / Equity (X), as of Mar 25, the value is 0.01. This value is within the healthy range. It has decreased from 0.05 (Mar 24) to 0.01, marking a decrease of 0.04.
- For Asset Turnover Ratio (%), as of Mar 25, the value is 1.21. It has increased from 1.16 (Mar 24) to 1.21, marking an increase of 0.05.
- For Current Ratio (X), as of Mar 25, the value is 1.87. This value is within the healthy range. It has increased from 1.86 (Mar 24) to 1.87, marking an increase of 0.01.
- For Quick Ratio (X), as of Mar 25, the value is 1.87. This value is within the healthy range. It has increased from 1.85 (Mar 24) to 1.87, marking an increase of 0.02.
- For Inventory Turnover Ratio (X), as of Mar 25, the value is 1,378.11. This value exceeds the healthy maximum of 8. It has increased from 0.00 (Mar 24) to 1,378.11, marking an increase of 1,378.11.
- For Dividend Payout Ratio (NP) (%), as of Mar 25, the value is 90.36. This value exceeds the healthy maximum of 50. It has decreased from 166.12 (Mar 24) to 90.36, marking a decrease of 75.76.
- For Dividend Payout Ratio (CP) (%), as of Mar 25, the value is 62.93. This value exceeds the healthy maximum of 50. It has decreased from 93.82 (Mar 24) to 62.93, marking a decrease of 30.89.
- For Earning Retention Ratio (%), as of Mar 25, the value is 9.64. This value is below the healthy minimum of 40. It has increased from -66.12 (Mar 24) to 9.64, marking an increase of 75.76.
- For Cash Earning Retention Ratio (%), as of Mar 25, the value is 37.07. This value is below the healthy minimum of 40. It has increased from 6.18 (Mar 24) to 37.07, marking an increase of 30.89.
- For Interest Coverage Ratio (X), as of Mar 25, the value is 24.31. This value is within the healthy range. It has increased from 13.83 (Mar 24) to 24.31, marking an increase of 10.48.
- For Interest Coverage Ratio (Post Tax) (X), as of Mar 25, the value is 14.19. This value is within the healthy range. It has increased from 7.08 (Mar 24) to 14.19, marking an increase of 7.11.
- For Enterprise Value (Cr.), as of Mar 25, the value is 121,824.04. It has increased from 107,633.20 (Mar 24) to 121,824.04, marking an increase of 14,190.84.
- For EV / Net Operating Revenue (X), as of Mar 25, the value is 2.30. This value is within the healthy range. It has increased from 2.07 (Mar 24) to 2.30, marking an increase of 0.23.
- For EV / EBITDA (X), as of Mar 25, the value is 15.58. This value exceeds the healthy maximum of 15. It has decreased from 19.85 (Mar 24) to 15.58, marking a decrease of 4.27.
- For MarketCap / Net Operating Revenue (X), as of Mar 25, the value is 2.37. This value is within the healthy range. It has increased from 2.12 (Mar 24) to 2.37, marking an increase of 0.25.
- For Retention Ratios (%), as of Mar 25, the value is 9.63. This value is below the healthy minimum of 30. It has increased from -66.12 (Mar 24) to 9.63, marking an increase of 75.75.
- For Price / BV (X), as of Mar 25, the value is 4.59. This value exceeds the healthy maximum of 3. It has increased from 4.14 (Mar 24) to 4.59, marking an increase of 0.45.
- For Price / Net Operating Revenue (X), as of Mar 25, the value is 2.37. This value is within the healthy range. It has increased from 2.12 (Mar 24) to 2.37, marking an increase of 0.25.
- For EarningsYield, as of Mar 25, the value is 0.03. This value is below the healthy minimum of 5. It has increased from 0.02 (Mar 24) to 0.03, marking an increase of 0.01.
Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.
Strength and Weakness
| Strength | Weakness |
|---|---|
|
|
Stock Analysis
- Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Tech Mahindra Ltd:
- Net Profit Margin: 8.01%
- Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
- ROCE: 18.74% (Industry Average ROCE: 14.88%)
- ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
- ROE%: 15.53% (Industry Average ROE: 20.92%)
- ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
- Interest Coverage Ratio (Post Tax): 14.19
- Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
- Quick Ratio: 1.87
- Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
- Stock P/E: 34.7 (Industry average Stock P/E: 78.54)
- Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
- Total Debt / Equity: 0.01
- Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
Stock Rating: - Net Profit Margin: 8.01%
About the Company - Qualitative Analysis
| INDUSTRY | ADDRESS | CONTACT |
|---|---|---|
| IT Consulting & Software | Gateway Building, Apollo Bunder, Mumbai Maharashtra 400001 | Contact not found |
| Management | |
|---|---|
| Name | Position Held |
| Mr. Anand G Mahindra | Chairman |
| Mr. Mohit Joshi | Managing Director & CEO |
| Dr. Anish Shah | Non Executive Director |
| Mr. Puneet Renjhen | Non Executive Director |
| Ms. Penelope Fowler | Independent Director |
| Mr. Haigreve Khaitan | Independent Director |
| Dr. Mukti Khaire | Independent Director |
| Ms. Shikha Sharma | Independent Director |
| Mr. Neelam Dhawan | Independent Director |
| Mr. Tarun Bajaj | Independent Director |
FAQ
What is the intrinsic value of Tech Mahindra Ltd?
Tech Mahindra Ltd's intrinsic value (as of 25 January 2026) is ₹1118.00 which is 34.27% lower the current market price of ₹1,701.00, indicating overvalued. Calculated using the PE ratio method, this valuation considers the company's ₹1,66,660 Cr. market cap, FY2025-2026 high/low of ₹1,737/1,209, reserves of ₹27,061 Cr, and liabilities of ₹45,828 Cr.
What is the Market Cap of Tech Mahindra Ltd?
The Market Cap of Tech Mahindra Ltd is 1,66,660 Cr..
What is the current Stock Price of Tech Mahindra Ltd as on 25 January 2026?
The current stock price of Tech Mahindra Ltd as on 25 January 2026 is ₹1,701.
What is the High / Low of Tech Mahindra Ltd stocks in FY 2025-2026?
In FY 2025-2026, the High / Low of Tech Mahindra Ltd stocks is ₹1,737/1,209.
What is the Stock P/E of Tech Mahindra Ltd?
The Stock P/E of Tech Mahindra Ltd is 34.7.
What is the Book Value of Tech Mahindra Ltd?
The Book Value of Tech Mahindra Ltd is 281.
What is the Dividend Yield of Tech Mahindra Ltd?
The Dividend Yield of Tech Mahindra Ltd is 2.65 %.
What is the ROCE of Tech Mahindra Ltd?
The ROCE of Tech Mahindra Ltd is 18.6 %.
What is the ROE of Tech Mahindra Ltd?
The ROE of Tech Mahindra Ltd is 14.6 %.
What is the Face Value of Tech Mahindra Ltd?
The Face Value of Tech Mahindra Ltd is 5.00.