TECHM

Tech Mahindra Ltd.

NSE: TECHM

BSE: 532755

Sector: Information Technology

Industry Group: IT - Software

Industry: Computers - Software & Consulting

1,437.40+16.1 (+1.13%)

3 Jul, 10:59 AM

Overview

Analysis Statements Technicals Forecast Peers Resources News

Stock Scores

Quality Score

81.0 / 100

Value Score

51.1 / 100

Price Momentum Score

50.2 / 100

QVM Score

69.7 / 100

Key Metrics

Market Cap

1,39,276 Cr

P/E (TTM)

28.95

P/B

4.70

P/S (TTM)

2.45

EV/EBITDA

14.67

CAPE (5Y)

28.88

ROE (TTM)

16.89

ROCE (TTM)

23.04

ROA (TTM)

10.25

Avg 3Y ROE

13.75

Earnings 3Y CAGR

-0.22

Sales 3Y CAGR

2.16

Sales 5Y CAGR

8.46

Debt/Equity

0.07

Consensus TP

1560.00

Strong Buy %

20.00

Promoter Holding

34.97

Pledged %

0.00

Stock Analysis

Fundamental analysis overview of Tech Mahindra Ltd. covering key investment insights, growth drivers, risk factors, and potential red flags.

Views

Red Flags

Positive

Analysts have been raising forward EPS estimates

Analyst EPS estimate (consensus) for forward EPS has increased by 2.33% in the last 3 months, indicating earnings momentum

What is Earnings upgrade (3M)?

High and stable ROE

The company reported strong ROE of 16.89% for 12-month ended 31 Mar 2026 and ROE improved marginally by 114 bps from 1 year ago

What is ROE (FY)?

Moderate operating margin but improving trend

The company reported moderate operating margin of 12.59% for 12-month ended 31 Mar 2026 but operating margin improved by 289 bps from 1 year ago

What is Operating profit margin?

Moderate EPS growth and above median growth of industry

The company delivered moderate EPS growth of 13.12% for 12-month ended 31 Mar 2026 and the growth was 3.78 percentage points higher than median growth of industry

What is EPS growth (1Y)?

Low Debt to Equity, not much change from last year

The company has low Debt to Equity of 0.07 as on 31 Mar 2026 and Debt to Equity remained same in the last 1 year

What is Debt to Equity?

Company's earnings are of high quality

Earnings quality score of 84.0 indicates that the company's earnings are of high quality. Earnings quality is measured using combination of earnings persistence, probability of manipulation and earnings to cash conversion

What is Earnings quality score?

84.0 / 100

Consistently pays dividend

The company has not missed dividend payments once in the last 10 financial years

What is Dividend streak?

Company is net cash

The company is net cash i.e., cash and cash equivalents exceed total debt indicating a healthy balance sheet

What is Net Debt ?

Negative

Expensive and at a premium to industry median P/E

PE TTM of 28.95 indicates that the stock is expensive on a standalone basis and is at a 27.98% premium to industry median P/E

What is P/E Ratio?

Median: 22.62

Value 28.95

0.653101.68

Low revenue growth and lower than median growth of industry

The company delivered moderate revenue growth of 7.22% for 12-month ended 31 Mar 2026 and the growth was 4.42 percentage points lower than median growth of industry

What is Sales growth (1Y)?

Median: 11.64

Value 7.22

-92.27941.19

Neutral

Moderate dividend yield

The company has a moderate dividend yield of 3.17%

What is Dividend yield?

Financial Snapshot

See detailed analysis

Multi-year trends for Tech Mahindra Ltd. covering revenue, net profit, ROE, and EBITDA for a quick view of financial health over time.

Net Revenue FY

Profit After Tax FY

ROE FY

EBITDA FY

Tech Mahindra Ltd. Shareholding Pattern

Quarterly breakdown of Tech Mahindra Ltd. ownership including promoter, FII, DII, mutual fund, and public holdings as disclosed to NSE/BSE.

	Mar 2020	Jun 2020	Sep 2020	Dec 2020	Mar 2021	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	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	Dec 2025	Mar 2026
Total Promoter	35.85	35.83	35.82	35.79	35.76	35.73	35.70	35.67	35.26	35.24	35.22	35.19	35.18	35.16	35.13	35.11	35.09	35.05	35.03	35.01	35.01	35.00	34.98	34.98	34.97
Indian Promoter	35.82	35.81	35.79	35.76	35.73	35.71	35.68	35.65	35.24	35.21	35.19	35.17	35.15	35.13	35.11	35.08	35.06	35.02	35.00	34.99	34.98	34.97	34.96	34.95	34.95
Foreign Promoter	0.03	0.03	0.03	0.03	0.03	0.03	0.03	0.03	0.02	0.02	0.02	0.02	0.02	0.02	0.02	0.02	0.02	0.02	0.02	0.02	0.02	0.02	0.02	0.02	0.02
Institutions	53.04	52.82	52.36	52.76	52.88	52.82	52.62	52.75	52.49	51.33	51.98	51.86	52.72	52.72	53.42	53.67	53.74	54.11	54.74	55.01	55.23	55.58	55.40	55.89	56.08
Mutual Funds / UTI	8.39	8.10	8.96	8.39	8.72	9.48	9.81	9.60	10.60	12.80	12.86	11.97	12.93	12.83	12.36	14.24	14.00	15.27	15.81	16.02	17.19	16.51	17.56	19.88	19.06
FI/Bank/Insurance	4.54	4.67	5.07	4.98	5.52	6.84	7.00	7.51	7.37	7.83	9.47	10.51	11.54	12.73	13.19	13.12	13.74	14.00	13.83	13.07	13.07	13.60	14.84	15.44	15.36
Govt	0.17	0.17	0.17	0.17	0.17	0.17	0.17	0.17	0.17	0.17	0.17	0.17	0.17	0.17	0.17	0.17	0.17	0.17	0.17	0.17	0.17	0.17	0.17	0.17	0.17
FII	39.67	39.62	37.96	39.05	38.32	36.15	35.55	35.36	34.27	30.43	28.20	27.95	26.87	25.69	26.22	24.58	24.15	23.27	23.67	24.19	22.95	23.28	20.60	17.94	18.59
Other Institutions	0.26	0.25	0.20	0.17	0.16	0.19	0.09	0.12	0.10	0.11	1.28	1.25	1.21	1.30	1.48	1.55	1.68	1.39	1.26	1.54	1.86	2.01	2.23	2.46	2.91
Non-Institution	11.11	11.35	11.83	11.45	11.37	11.45	11.68	11.59	12.25	13.43	12.80	12.95	12.10	12.13	11.44	11.23	11.17	10.85	10.24	9.99	9.77	9.43	9.61	9.14	8.95
Bodies Corporate	0.76	0.76	0.74	0.78	0.45	0.50	0.46	0.48	0.48	0.54	0.58	0.54	0.47	0.45	0.40	0.40	0.40	0.42	0.41	0.40	0.39	0.36	0.32	0.29	0.30
Others (incl. Retail) No. of shareholders	10.35 4,52,415	10.59 4,99,059	11.09 5,05,412	10.67 5,01,274	10.92 5,27,747	10.95 5,42,455	11.22 5,87,197	11.11 6,06,276	11.77 7,27,865	12.89 8,85,790	12.22 9,69,399	12.41 9,88,505	11.63 9,33,057	11.68 9,26,352	11.04 8,82,103	10.83 8,64,016	10.77 8,45,084	10.43 8,22,918	9.83 7,71,758	9.59 7,57,997	9.38 7,58,313	9.07 7,44,782	9.29 7,63,499	8.85 7,36,727	8.65 7,34,383

Holdings and Presence

Indices and prominent investors with a stake in this stock.

Index Presence

#	Index	Weight	Rank
1	Nifty IT	11.45%	3 / 10
2	Nifty100 Quality 30	2.98%	21 / 30
3	Nifty Div Opps 50	2.38%	14 / 50
4	Nifty50 Value 20	2.32%	16 / 20
5	Nifty 50 Equal Weight	1.92%	28 / 50
6	Nifty 100 Equal Weight	0.93%	69 / 100
7	Nifty 50	0.87%	38 / 50
8	Nifty 100	0.72%	39 / 100
9	Nifty 500	0.49%	40 / 499
10	Nifty Total Market	0.47%	40 / 749

Bulk, Block and Insider Trades

Recent bulk deals, block deals, and insider trading activity in Tech Mahindra Ltd. shares as reported to NSE and BSE.

Name	Month	Transaction	Holding % pre transaction	Average price	Qty.	Transaction value
Amitava Ghosh Designated Person	September-2021	Market Sale (Disposal) 9th Sep 2021	0.00 %	₹ 1,445.22	2.50 k	₹ 36.13 lac
Sushant Tamhankar Designated Person	September-2021	Market Sale (Disposal) 9th Sep 2021	0.00 %	₹ 1,433.77	400.00	₹ 5.74 lac
Pravat Kumar Rath Designated Person	September-2021	Market Sale (Disposal) 9th Sep 2021	0.02 %	₹ 1,454.51	4.50 k	₹ 65.45 lac
Ashok Sugganahalli Designated Person	September-2021	Market Sale (Disposal) 6th Sep 2021	0.00 %	₹ 1,427.00	1.20 k	₹ 17.12 lac
Basanta Kumar Mishra Designated Person	September-2021	Market Sale (Disposal) 6th Sep 2021	0.00 %	₹ 1,446.02	2.00 k	₹ 28.92 lac
Habeeb Mahaboob Chandanaparambil Designated Person	September-2021	Market Sale (Disposal) 6th Sep 2021	0.00 %	₹ 1,440.57	1.00 k	₹ 14.41 lac
Sharat Kumarjiguda Designated Person	September-2021	Market Sale (Disposal) 6th Sep 2021	0.00 %	₹ 1,462.02	1.00 k	₹ 14.62 lac
Jeffrey Ferdinands Designated Person	September-2021	Market Sale (Disposal) 2nd Sep 2021	0.00 %	₹ 1,420.00	4.80 k	₹ 68.16 lac
Shresth Shrivastav Designated Person	September-2021	Market Sale (Disposal) 2nd Sep 2021	0.00 %	₹ 1,424.48	3.00 k	₹ 42.73 lac
Vishwanath Kini Designated Person	September-2021	Market Sale (Disposal) 2nd Sep 2021	0.00 %	₹ 1,460.00	500.00	₹ 7.30 lac

…

Corporate Actions

History of Tech Mahindra Ltd. dividends, bonus issues, stock splits, rights issues, and other corporate events.

Dividend₹ 36/share
Record date: 3rd Jul 2026Ex-date: 3rd Jul 2026
Announced on: 22nd Apr 2026
Dividend₹ 15/share
Record date: 21st Oct 2025Ex-date: 20th Oct 2025
Announced on: 14th Oct 2025
Dividend₹ 30/share
Record date: 4th Jul 2025Ex-date: 4th Jul 2025
Announced on: 24th Apr 2025
Dividend₹ 15/share
Record date: 1st Nov 2024Ex-date: 31st Oct 2024
Announced on: 19th Oct 2024
Dividend₹ 28/share
Record date: 19th Jul 2024Ex-date: 19th Jul 2024
Announced on: 25th Apr 2024

Company Profile

Overview of Tech Mahindra Ltd. covering business description, industry classification, key management, financial ratios, and listed exchange details.

Tech Mahindra Limited is a global consulting service and systems integrator. The Company specializes in digital transformation, consulting, and business re-engineering, with digital competencies encompassing next-generation technologies. Its capabilities include consulting, information technology, e...

Key personnel

Mr. Rohit Anand

Chief Financial Officer

Mr. Atul Soneja

Chief Operating Officer

Mr. Richard Gerard Lobo

Chief People Officer

Mr. Peeyush Dubey

Chief Marketing Officer

Ms. Ruchie Khanna

Chief Compliance Officer, Company Secretary

Mr. Nitesh Aggarwal

Chief Risk Officer, Chief Strategy Officer

Mr. Sandeep Chandna

Chief Sustainability Officer

Amol Phadke

Chief Transformation Officer

View all

Incorporated on

24 Oct 1986

Last Annual

31 Mar 2026

Last Interim

31 Mar 2026

No. of Employees

1,19,337

IPO date

28 Aug 2006

Free Float

61,78,01,076

Website

https://www.techmahindra.com/

Phone no.

+912066018100

Address

Sharda Centre, Off Karve Road, PUNE, 411004, India

Frequently Asked Questions

What is the current share price of Tech Mahindra Ltd.?

The current share price of Tech Mahindra Ltd. is ₹ 1,437.40 as of 3 Jul 2026.

What is the market capitalisation of Tech Mahindra Ltd.?

The market capitalisation of Tech Mahindra Ltd. stands at ₹ 1,39,276.00 Cr.

What is the PE ratio of Tech Mahindra Ltd.?

The Price-to-Earnings (PE) ratio of Tech Mahindra Ltd. is 28.95 as of the latest trailing twelve months data.

What is the ROE and ROCE of Tech Mahindra Ltd.?

Tech Mahindra Ltd. has a Return on Equity (ROE) of 16.89% and a Return on Capital Employed (ROCE) of 23.04% as per the latest financial reports.

What is the 52-week high and low of Tech Mahindra Ltd.?

The 52-week high of Tech Mahindra Ltd. is - and the 52-week low is -.

What is the dividend yield of Tech Mahindra Ltd.?

The dividend yield of Tech Mahindra Ltd. is 3.17% based on the current market price.

What is the FII and DII holding in Tech Mahindra Ltd.?

Foreign Institutional Investors (FII) hold 18.59%, Domestic Institutional Investors (DII) hold 34.42% and retail/public investors hold 8.65% of Tech Mahindra Ltd. shares.

What sector does Tech Mahindra Ltd. belong to?

Tech Mahindra Ltd. operates in the Information Technology sector. 60% of analysts have a Buy or Strong Buy rating on Tech Mahindra Ltd. with a consensus target price of ₹ 1,560.00, implying 9.77% upside from current levels.

What is the beta of Tech Mahindra Ltd.?

The beta of Tech Mahindra Ltd. is 0.58, indicating its price volatility relative to the broader market. Over the past 1 year, Tech Mahindra Ltd. has delivered an absolute return of -15.26%.

What is the RSI of Tech Mahindra Ltd.?

The 14-day Relative Strength Index (RSI) of Tech Mahindra Ltd. is 47.53, placing it in the neutral zone. An RSI above 70 is considered overbought and below 30 is considered oversold.

Tech Mahindra Ltd.

Stock Scores

Key Metrics

Share Price

Stock Analysis

Financial Snapshot

Tech Mahindra Ltd. Shareholding Pattern

Holdings and Presence

Bulk, Block and Insider Trades

Corporate Actions

Company Profile

Frequently Asked Questions

Stock Analysis

Corporate Actions

Holdings and Presence

Company Profile