Data as of yesterday

TECH MAHINDRA LIMITED·SOFTWARE SERVICES 36.94·IT - Software Companies

Price

1,483.9

+1.94%
O:1476.9
H:1496.6
L:1460.1
C:1483.9

52W Range

1304.11854
+14%/-20%

Market Cap

₹1,45,389.51 Cr

Traded: ₹586.83 Cr (0.40%) 0.0x

Free Float: ₹12,997.82 Cr (4.51% of FF traded)

Volume · 60D trend

39.55 L 0.0x

Delivery: % 0.0x

View Delivery Data

Returns

1W:+0% 1M:+1% 3M:+7% 6M:-13% 12M:-4%

Valuation

P/E30.2
P/B4.9
P/S2.6
EV/EBIT17.6

Business Strength

ROE14.6%
ROCE18.6%
OPM15.9%
NPM8.5%

Growth (3Y CAGR)

EPS+13.1%
Sales+2.0%
Profit+1.0%
3Y Return+14.0%

Balance Sheet

Debt/Equity0.0
Debt69 Cr
Pledge0.0%
CWIP/Fixed Asset0.2%

Cash Position

CFO/NP--
FCF5,303 Cr
FCF 3Y Avg16,244 Cr
Cash/MCap3.0%

Others

Div Yield2.7%
Div Payout94.0%
Cash Conv. Cycle48 days
Tradeable Free Float8.9%

MTF Exposure Trend

60 sessions · funded amount, % of FF, daily delta

Current
₹ 107.92 Cr
0.83% FF
60d high
₹ 144.07 Cr
60d low
₹ 64.01 Cr
60d mean
₹ 100.30 Cr
vs mean
▲ 7.59%

Held by ETFs

77 ETFs hold TECHM · sorted by weight

#ETFWeight %
1

ITIETF

ICICIPRAMC - ICICITECH

11.26%
2

ITETF

MIRAEAMC - ITETF

11.25%
3

AXISTECETF

AXISAMC - AXISTECETF

11.25%
4

HDFCNIFIT

HDFCAMC - HDFCNIFIT

11.26%
5

ITBETA

UTIAMC-ITBETA

11.25%
6

ITBEES

NIP IND ETF IT

11.25%
7

ITADD

DSPAMC - DSPIT

11.25%
8

IT

KOTAKMAMC - KOTAKIT

11.24%
9

TECH

BIRLASLAMC - TECH

11.25%
10

HDFCGROWTH

HDFCAMC - HDFCGROWTH

4.17%
11

TNIDETF

TATAAML - TNIDETF

5.73%
12

HDFCQUAL

HDFCAMC - HDFCQUAL

2.93%
13

FLEXIADD

DSPAMC - FLEXIADD

6.44%
14

SHARIABEES

NIP IND ETF SHARIAH BEES

3.95%
15

GROWWLOVOL

GROWWAMC - GROWWLOVOL

2.91%
16

HDFCVALUE

HDFCAMC - HDFCVALUE

2.24%
17

NV20

KOTAKMAMC - KTKNV20ETF

2.24%
18

EQUAL50ADD

DSPAMC - DSPNEWETF

1.92%
19

NV20IETF

ICICI PRUDENTIAL NV20 ETF

2.24%
20

SBINEQWETF

SBIAMC - SBINEQWETF

1.92%
21

EQUAL50

MIRAEAMC - EQUAL50

1.92%
22

MON50EQUAL

MOTILALAMC - MON50EQUAL

1.92%
23

SENSEXIETF

ICICI PRUD SENSEX ETF

1.03%
24

SENSEXETF

MIRAEAMC - SENSEXETF

1.03%
25

SENSEXADD

DSPAMC - DSPSENXETF

1.03%
26

ESENSEX

EDELAMC - ESENSEX

1.03%
27

AXSENSEX

AXISAMC - AXSENSEX

1.03%
28

SBISENSEX

SBI MUTUAL FUND - SBI ETF SENS

1.03%
29

SENSEXBEES

NIPPON INDIA ETF SENSEX

1.03%
30

LICNETFSEN

LICNAMC - LICNFESGP

1.03%
31

SENSEX1

KOTAK MAHINDRA MUTUAL FUND

1.03%
32

MOSERVICE

MOTILALAMC - MOSERVICE

1.39%
33

IDFSENSEXE

BANDHAN MUTUAL FUND

1.03%
34

BSLSENETFG

BIRLASLAMC - BSLSENETFG

1.03%
35

SENSEXBETA

UTIAMC-SENSEXBETA

1.03%
36

ESG

MIRAEAMC - MAESGETF

1.03%
37

HDFCSENSEX

HDFCAMC - HDFCSENSEX

1.03%
38

NIFTY100EW

KOTAKMAMC - NIFTY100EW

0.94%
39

NIFTYIETF

ICICI PRUD NIFTY ETF

0.85%
40

AXISNIFTY

AXISAMC - AXISNIFTY

0.85%
41

ENIFTY

EDELAMC - ENIFTY

0.85%
42

NIFTYADD

DSPAMC - DSPNIFTY

0.85%
43

NIFTYBETF

BFAM - NIFTYBETF

0.85%
44

HDFCNIFTY

HDFCAMC - HDFCNIFTY

0.85%
45

IVZINNIFTY

INVESCO INDIA NIFTY ETF

0.85%
46

IDFNIFTYET

BANDHANAMC - IDFNIFTYET

0.85%
47

SETFNIF50

SBI-ETF NIFTY 50

0.85%
48

LICNETFN50

LICNAMC - LICNFENGP

0.85%
49

NIFTY1

KOTAK NIFTY ETF

0.85%
50

QNIFTY

QUANTUM NIFTY 50 ETF

0.85%
51

NIFTYBEES

NIP IND ETF NIFTY BEES

0.85%
52

BSLNIFTY

ADITYBIRLA SL NIF ETF-GR

0.85%
53

NETF

TATAAML - NETF

0.85%
54

NIFTYETF

MIRAEAMC - MAN50ETF

0.85%
55

NIFTYCASE

ZERODHAAMC - NIFTYCASE

0.85%
56

MOM50

MOTILAL OSWAL M50 ETF

0.85%
57

AONENIFTY

AONEAMC - AONENIFTY

0.85%
58

GROWWNIFTY

GROWWAMC - GROWWNIFTY

0.85%
59

NIF100IETF

ICICI PRUD NIFTY 100 ETF

0.69%
60

NIF100BEES

NIP IND ETF NIFTY 100

0.69%
61

TOP100CASE

ZERODHAAMC - TOP100CASE

0.69%
62

NIFTYBETA

UTIAMC-NIFTYBETA

0.85%
63

MONIFTY100

MOTILALAMC - MONIFTY100

0.69%
64

LICNFNHGP

LICNAMC - LICNFNHGP

0.69%
65

HDFCNIF100

HDFCAMC - HDFCNIF100

0.69%
66

MSCIINDIA

KOTAKMAMC - MSCIINDIA

0.60%
67

ABSLMSCIN

BIRLASLAMC - ABSLMSCIN

0.60%
68

MSCIADD

DSPAMC - MSCIADD

0.59%
69

EQUAL200

MIRAEAMC - EQUAL200

0.52%
70

BSE500IETF

ICICIPRAMC - ICICI500

0.50%
71

HDFCBSE500

HDFCAMC - HDFCBSE500

0.50%
72

MONIFTY500

MOTILALAMC - MONIFTY500

0.48%
73

GROWWN200

GROWWAMC - GROWWN200

0.56%
74

AONETOTAL

AONEAMC - AONETOTAL

0.46%
75

ELM250

EDELAMC - ELM250

0.34%
76

MULTICAP

MIRAEAMC - MULTICAP

0.34%
77

SETFBSE100

SBI MUTUAL FUND

0.69%

Growth Trends

Metric10Y5Y3Y1YTTMTrend
ROE
+18.0%
+16.0%
+14.0%
--
--
Decelerating
Return
+12.0%
+9.0%
+14.0%
+6.0%
--
Stable
Sales
+8.0%
+8.0%
+2.0%
--
+7.0%
Stable
Profit
+5.0%
+2.0%
+1.0%
--
+27.0%
Stable

Quarterly Results

Mar 2026

22 Apr
Rev
15.1K Cr
+13% YoY+5% QoQ
OPM17.0%
NPM9.0%
PAT
+16% YoY1.4K Cr
EPS
+16% YoY13.8

Dec 2025

16 Jan
Rev
14.4K Cr
+8% YoY+3% QoQ
OPM16.0%
NPM7.8%
PAT
+33% YoY1.1K Cr
EPS
+14% YoY11.4

Sep 2025

Rev
14.0K Cr
+5% YoY+5% QoQ
OPM15.0%
NPM8.6%
PAT
-4% YoY1.2K Cr
EPS
-5% YoY12.2

Jun 2025

Rev
13.4K Cr
+3% YoY-0% QoQ
OPM14.0%
NPM8.5%
PAT
+34% YoY1.1K Cr
EPS
+34% YoY11.7

Mar 2025

Rev
13.4K Cr
+4% YoY+1% QoQ
OPM14.0%
NPM8.5%
PAT
+77% YoY1.1K Cr
EPS
+76% YoY11.9

Dec 2024

Rev
13.3K Cr
+1% YoY-0% QoQ
OPM14.0%
NPM7.4%
PAT
+93% YoY989 Cr
EPS
+92% YoY10.1

Sep 2024

Rev
13.3K Cr
+3% YoY+2% QoQ
OPM13.0%
NPM9.4%
PAT
+153% YoY1.3K Cr
EPS
+153% YoY12.8

Jun 2024

Rev
13.0K Cr
-1% YoY+1% QoQ
OPM12.0%
NPM6.7%
PAT
+23% YoY865 Cr
EPS
+23% YoY8.7

Mar 2024

Rev
12.9K Cr
-6% YoY-2% QoQ
OPM9.0%
NPM5.2%
PAT
-41% YoY664 Cr
EPS
-41% YoY6.8

Dec 2023

Rev
13.1K Cr
-5% YoY+2% QoQ
OPM9.0%
NPM4.0%
PAT
-61% YoY524 Cr
EPS
-61% YoY5.2

Sep 2023

Rev
12.9K Cr
---2% QoQ
OPM7.0%
NPM3.9%
PAT
-62% YoY505 Cr
EPS
--5.1

Jun 2023

Rev
13.2K Cr
---4% QoQ
OPM10.0%
NPM5.3%
PAT
-39% YoY704 Cr
EPS
--7.1

Mar 2023

Rev
13.7K Cr
---0% QoQ
OPM13.0%
NPM8.2%
PAT
-26% YoY1.1K Cr
EPS
--11.5

Dec 2022

Rev
13.7K Cr
----
OPM16.0%
NPM9.4%
PAT
-5% YoY1.3K Cr
EPS
--13.3

Revenue & Margin Trends

Annual

Quarterly

Balance Sheet Health

Leverage

Debt / Equity0.07
Interest Coverage--x
Promoter Pledge0.0%
Borrowings2.2K Cr

Efficiency

Receivable Days48 days
Inventory Days days
Payable Days days
Cash Conversion cycle48 days

Cash Position

Operating Cash Flow--
Investing Cash Flow--
Financing Cash Flow--
Free Cash Flow5.3K Cr

Shareholding Pattern

Shareholders:7.4L (-21.2%)
Current MixMar 2026

Exchange Filings

50
Company Update28 May 2026

Intimation of Schedule of Investor Interactions with Tech Mahindra''s Leadership - Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) ....

Company Update28 May 2026

Intimation of Schedule of Investor Interactions with Tech Mahindra''s Leadership -Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) ....

Company Update26 May 2026

Annual Secretarial Compliance Report for the year ended 31st Mach 2026

Company Update26 May 2026

Tech Mahindra Limited has informed the Exchange about the Newspaper Advertisement published today.

Company Update01 May 2026

Allotment of equity shares pursuant to exercise of Employee Stock Options.

Company Update30 Apr 2026

Intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015- Acquisition

Company Update28 Apr 2026

Transcript of the Quarterly Earnings Meeting for the fourth quarter and financial year ended 31st March 2026- Regulation 30 and 46 of the Securities and Exchange Board of India (Listing ....

Company Update23 Apr 2026

Newspaper Publication of Financial Results-Regulation 30 & 47 of the Securities Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015

Company Update22 Apr 2026

Investor Presentation under Regulation 30 and 46 of SEBI Listing Regulations.

Company Update22 Apr 2026

Enclosed Press Release.

Corp. Action22 Apr 2026

refer file attached

Corp. Action22 Apr 2026

Refer attached

AGM/EGM22 Apr 2026

Refer attached.

Company Update22 Apr 2026

Enclosed Investor presentation.

Result22 Apr 2026

Enclosed financial results for quarter ended 31st March 2026

Board Meeting22 Apr 2026

Outcome of Board meeting

Company Update22 Apr 2026

Enclosed Video Recording of Quarterly Earnings meeting.

Company Update16 Apr 2026

Company has scheduled a walkthrough of the Company's new Experience Centre and showcase and demonstration of its capabilities across AI and other service lines.

Board Meeting16 Apr 2026

Tech Mahindra Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 22/04/2026 ,inter alia, to consider and approve In furtherance of our earlier ....

Company Update10 Apr 2026

Please find enclosed Certificate under Regulation 74(5) of the Securities and Exchange Board of India (Depositories and Participants) Regulations, 2018 for quarter ended 31st March, 2026.

Company Update07 Apr 2026

Tech Mahindra Limited has informed the Exchange about Newspaper Advertisement published regarding information on opening of Special Window to facilitate transfer and dematerialisation of ....

Company Update03 Apr 2026

Intimation of Schedule of Quarterly Earnings Meeting and Press Release under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) ....

Company Update01 Apr 2026

Intimation under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015- Plan of Merger of wholly-owned step-down subsidiaries.

Board Meeting31 Mar 2026

Tech Mahindra Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 22/04/2026 ,inter alia, to consider and approve Prior Intimation of Board Meeting ....

Insider Trading / SAST31 Mar 2026

Intimation for Trading Window Closure.

Company Update17 Mar 2026

Allotment of equity shares pursuant to exercise of Employee Stock Options

Company Update10 Mar 2026

Intimation under Regulation 30 of the Securities and Exchange Board of India (Listing Obligation and Disclosure Requirements) Regulations, 2015- Liquidation of a step -down wholly-owned ....

Company Update05 Mar 2026

Intimation of Schedule of Investor Interaction with Tech Mahindra''s Leadership.

Company Update02 Mar 2026

Press Release- Intimation under Regulation 30 of SEBI Listing Regulations.

Company Update17 Feb 2026

Allotment of Equity Shares pursuant to exercise of Employee Stock Options

Company Update16 Feb 2026

Intimation of Schedule of Investor Interactions with Tech Mahindra''s Leadership -Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) ....

Company Update16 Feb 2026

Intimation of Schedule of Investor Interactions with Tech Mahindra''s Leadership -Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) ....

Company Update04 Feb 2026

Intimation of Schedule of Investor Interactions with Tech Mahindra''s Leadership -Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) ....

Company Update04 Feb 2026

Intimation of Schedule of Investor Interactions with Tech Mahindra''s Leadership - Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) ....

Company Update21 Jan 2026

Liquidation of a step-down subsidiary of the Company

Company Update20 Jan 2026

Transcript of quarterly earnings conference call for the quarter ended 31st December,2025.

Company Update19 Jan 2026

Allotment of Equity Shares pursuant to exercise of Employee Stock Options

Company Update17 Jan 2026

Enclosed the Newspaper Publication of Financial Results.

Result16 Jan 2026

Enclosed

Company Update16 Jan 2026

Outcome and Audio recording of quarterly earnings conference call with Analyst/Institutional Investors/Funds for the quarter ended 31st December, 2025 - Regulations 30 and 46 of the Securities ....

Company Update16 Jan 2026

Enclosed

Company Update16 Jan 2026

enclosed

Company Update16 Jan 2026

Enclosed

Board Meeting16 Jan 2026

Outcome of Board meeting held on 16 January 2026

Company Update08 Jan 2026

Please find enclosed Certificate under Regulation 74(5) of the Securities and Exchange Board of India (Depositories and Participants) Regulations, 2018 for the quarter ended 31st December 2025.

Company Update06 Jan 2026

Intimation of Schedule of Quarterly Earnings Conference Call and Press Release under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) ....

Board Meeting31 Dec 2025

Tech Mahindra Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 16/01/2026 ,inter alia, to consider and approve Meeting of the Board of Directors ....

Insider Trading / SAST31 Dec 2025

Intimation of closure of trading window

Company Update26 Dec 2025

Intimation under Regulation 30 of Securities and Exchange Board of India ( Listing Obligations and Disclosure Requirements) Regulations, 2021- Cessation of a wholly-owned subsidiary.

Company Update22 Dec 2025

Intimation under Regulation 30 of SEBI Listing Regulations-Incorporation of Step-down Subsidiary

Annual Reports

13

2025

2024

2023

2022

2021

2020

2019

2018

2017

2016

2015

2014

2013

Credit Ratings

6
careRating update
29 Sept 2025Report
careRating update
12 Sept 2024Report
careRating update
27 Sept 2023Report
careRating update
15 Sept 2022Report
careRating update
07 Jul 2020Report
careRating update
07 Jul 2020Report

Concalls

28

Apr 2026

30 Apr 2026

Apr 2026

30 Apr 2026

Jan 2026

31 Jan 2026

Nov 2025

30 Nov 2025

Oct 2025

31 Oct 2025

Jul 2025

31 Jul 2025

Apr 2025

30 Apr 2025

Jan 2025

31 Jan 2025

Oct 2024

31 Oct 2024

Jul 2024

31 Jul 2024

Jun 2024

30 Jun 2024

May 2024

31 May 2024

Jan 2024

31 Jan 2024

Oct 2023

31 Oct 2023

Aug 2023

31 Aug 2023

Jul 2023

31 Jul 2023

May 2023

31 May 2023

Apr 2023

30 Apr 2023

Feb 2023

28 Feb 2023

Nov 2022

30 Nov 2022

Jul 2022

31 Jul 2022

May 2022

31 May 2022

Nov 2021

30 Nov 2021

Aug 2021

31 Aug 2021

May 2021

31 May 2021

Feb 2021

28 Feb 2021

Oct 2020

31 Oct 2020

Aug 2020

31 Aug 2020

Detailed Financials

Mar 2026
Dec 2025
Sep 2025
Jun 2025
Mar 2025
Dec 2024
Sep 2024
Jun 2024
Mar 2024
Dec 2023
Sep 2023
Jun 2023
Mar 2023
Dec 2022
Sales15,07614,39313,99513,35113,38413,28613,31313,00612,87113,10112,86413,15913,71813,735
Expenses12,51112,02811,83011,41611,54511,47711,56311,44111,77211,95511,95011,82111,91511,600
Operating Profit2,5652,3662,1651,9351,8391,8091,7501,5641,0991,1469141,3381,8032,135
OPM %17.0%16.0%15.0%14.0%14.0%14.0%13.0%12.0%9.0%9.0%7.0%10.0%13.0%16.0%
Other Income-205-293402191732352214738092264200306247
Interest8994777885768972581169812093113
Depreciation481474469458462459470462461443466447490498
Profit Before Tax1,7911,5051,6591,6181,4641,2971,7141,1789596796159711,5251,771
Tax %24.0%26.0%28.0%30.0%22.0%24.0%27.0%27.0%31.0%23.0%18.0%28.0%26.0%27.0%
Net Profit1,3561,1191,2021,1291,1429891,2588656645245057041,1251,285
Exceptional Items0-272000000000000
EPS (Rs)13.811.412.211.711.910.112.88.76.85.25.17.111.513.3
Sales Growth (YoY)12.6%8.3%5.1%2.6%4.0%1.4%3.5%-1.2%-6.2%-4.6%--------
Sales Growth (QoQ)4.8%2.8%4.8%-0.3%0.7%-0.2%2.4%1.1%-1.8%1.8%-2.2%-4.1%-0.1%--
OP Growth (YoY)39.5%30.8%23.7%23.7%67.3%57.9%91.5%16.9%-39.0%-46.3%--------
OP Growth (QoQ)8.4%9.3%11.9%5.2%1.7%3.4%11.9%42.3%-4.1%25.4%-31.7%-25.8%-15.6%--
Profit Growth (YoY)16.0%33.0%-4.0%34.0%77.0%93.0%153.0%23.0%-41.0%-61.0%-62.0%-39.0%-26.0%-5.0%
EPS Growth (YoY)15.9%13.9%-4.6%33.8%76.1%92.2%152.6%22.7%-41.0%-60.7%--------
EPS Growth (QoQ)20.7%-6.1%4.6%-2.3%18.6%-21.4%46.7%28.7%29.4%3.4%-28.7%-38.1%-13.9%--
OP Margin17.0%16.4%15.5%14.5%13.7%13.6%13.2%12.0%8.5%8.8%7.1%10.2%13.1%15.5%
Net Margin9.0%7.8%8.6%8.5%8.5%7.4%9.4%6.7%5.2%4.0%3.9%5.3%8.2%9.4%
Material Cost %----------------------------
Employee Cost %52.0%53.0%55.0%56.0%55.0%56.0%56.0%56.0%56.0%57.0%57.0%54.0%52.0%51.0%
P/S2.562.67------------------------
P/E30.2231.79------------------------
P/B4.915.35------------------------