Results Snapshot
Figures in Cr
Consolidate Annual Results
Mar'26
Mar'25
Mar'24
Mar'23
Mar'22
Mar'21
Mar'20
Net Sales
56,815.40
52,988.30
51,995.50
53,290.20
44,646.00
37,855.10
36,867.70
Other Operating Income
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Total Operating income
56,815.40
52,988.30
51,995.50
53,290.20
44,646.00
37,855.10
36,867.70
Raw Material Cost
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Purchase of Finished goods
0.00
0.00
0.00
0.00
0.00
0.00
0.00
(Increase) / Decrease In Stocks
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Employee Cost
30,478.80
29,623.80
29,128.30
27,691.80
22,285.90
19,297.30
18,810.00
Power Cost
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Manufacturing Expenses
6,099.70
5,837.70
6,688.90
8,000.20
6,957.10
4,974.30
5,440.80
Selling and Distribution Expenses
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Other Expenses
11,202.80
10,563.00
11,672.00
9,806.40
7,383.00
6,787.20
7,108.30
Total Expenditure (Excl Depreciation)
47,781.30
46,024.50
47,489.20
45,498.40
36,626.00
31,058.80
31,359.10
Operating Profit (PBDIT) excl Other Income
9,034.10
6,963.80
4,506.30
7,791.80
8,020.00
6,796.30
5,508.60
Other Income
31.90
855.40
916.90
965.00
1,112.30
787.10
1,192.40
Operating Profit (PBDIT)
9,066.00
7,819.20
5,423.20
8,756.80
9,132.30
7,583.40
6,701.00
Interest
337.40
321.70
392.20
325.60
162.60
174.00
191.90
Exceptional Items
-272.40
0.00
0.00
0.00
0.00
0.00
0.00
Gross Profit (PBDT)
8,456.20
7,497.50
5,031.00
8,431.20
8,969.70
7,409.40
6,509.10
Depreciation
1,881.60
1,852.90
1,817.10
1,956.70
1,520.40
1,457.70
1,445.80
Profit Before Tax
6,574.60
5,644.60
3,213.90
6,474.50
7,449.30
5,951.70
5,063.30
Tax
1,767.60
1,400.20
827.60
1,588.50
1,822.00
1,599.90
1,160.40
Provisions and contingencies
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Profit After Tax
4,807.00
4,244.40
2,386.30
4,886.00
5,627.30
4,351.80
3,902.90
Extraordinary Items
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Prior Period Expenses
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Other Adjustments
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Net Profit
4,807.00
4,244.40
2,386.30
4,886.00
5,627.30
4,351.80
3,902.90
Share in Profit of Associates
-1.50
8.60
10.50
-29.00
2.80
1.20
-5.50
Minority Interest
5.40
-1.50
-39.00
-25.70
-64.00
75.00
135.60
Other related items
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Consolidated Net Profit
4,810.90
4,251.50
2,357.80
4,831.30
5,566.10
4,428.00
4,033.00
Equity Capital
442.80
442.40
441.30
440.00
438.80
437.00
435.90
Face Value
5.0
5.0
5.0
5.0
5.0
5.0
5.0
Reserves
29,172.60
26,919.10
26,228.10
27,484.50
26,446.90
24,428.00
21,377.20
Earnings per share (EPS)
54.32
48.05
26.71
54.9
63.42
50.66
46.26
Diluted Earnings per share
54.19
47.91
26.58
54.54
62.81
50.19
45.85
Operating Profit Margin (Excl OI)
15.9%
13.14%
8.67%
14.62%
17.96%
17.95%
14.94%
Gross Profit Margin
14.88%
14.15%
9.68%
15.82%
20.09%
19.57%
17.66%
PAT Margin
8.46%
8.03%
4.61%
9.11%
12.61%
11.5%
10.57%
Public Share Holdings (%)
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
Pledged Promotor Holding (%)
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
Annual Analysis Highlights
Net Sales
YoY Growth in year ended Mar 2026 is 7.22% vs 1.91% in Mar 2025
Consolidate Net Profit
YoY Growth in year ended Mar 2026 is 13.16% vs 80.32% in Mar 2025
Operating Profit (PBDIT) excl Other Income
YoY Growth in year ended Mar 2026 is 29.73% vs 54.53% in Mar 2025
Interest
YoY Growth in year ended Mar 2026 is 4.88% vs -17.98% in Mar 2025
Operating Profit Margin (Excl OI)
YoY Growth in year ended Mar 2026 has improved from Mar 2025
Compare Annual Results Of Tech Mahindra With
Figures in Cr
Consolidate Annual Results
Change(INR)
Change(%)
Net Sales
56,815.40
92,624.00
-35,808.60
-38.66%
Other Operating Income
0.00
0.00
0.00
Total Operating income
56,815.40
92,624.00
-35,808.60
-38.66%
Raw Material Cost
0.00
0.00
0.00
Purchase of Finished goods
0.00
575.50
-575.50
-100.00%
(Increase) / Decrease In Stocks
0.00
17.10
-17.10
-100.00%
Employee Cost
30,478.80
55,585.50
-25,106.70
-45.17%
Power Cost
0.00
0.00
0.00
Manufacturing Expenses
6,099.70
10,766.80
-4,667.10
-43.35%
Selling and Distribution Expenses
0.00
3,097.50
-3,097.50
-100.00%
Other Expenses
11,202.80
4,770.40
6,432.40
134.84%
Total Expenditure (Excl Depreciation)
47,781.30
74,812.80
-27,031.50
-36.13%
Operating Profit (PBDIT) excl Other Income
9,034.10
17,811.20
-8,777.10
-49.28%
Other Income
31.90
3,873.70
-3,841.80
-99.18%
Operating Profit (PBDIT)
9,066.00
21,684.90
-12,618.90
-58.19%
Interest
337.40
1,457.70
-1,120.30
-76.85%
Exceptional Items
-272.40
0.00
-272.40
Gross Profit (PBDT)
8,456.20
20,227.20
-11,771.00
-58.19%
Depreciation
1,881.60
2,910.70
-1,029.10
-35.36%
Profit Before Tax
6,574.60
17,316.50
-10,741.90
-62.03%
Tax
1,767.60
4,076.70
-2,309.10
-56.64%
Provisions and contingencies
0.00
0.00
0.00
Profit After Tax
4,807.00
13,239.80
-8,432.80
-63.69%
Extraordinary Items
0.00
0.00
0.00
Prior Period Expenses
0.00
0.00
0.00
Other Adjustments
0.00
0.00
0.00
Net Profit
4,807.00
13,239.80
-8,432.80
-63.69%
Share in Profit of Associates
-1.50
25.70
-27.20
-105.84%
Minority Interest
5.40
-68.10
73.50
107.93%
Other related items
0.00
0.00
0.00
Consolidated Net Profit
4,810.90
13,197.40
-8,386.50
-63.55%
Equity Capital
442.80
2,097.70
-1,654.90
-78.89%
Face Value
5.00
2.00
0.00
Reserves
29,172.60
85,920.60
-56,748.00
-66.05%
Earnings per share (EPS)
54.32
12.58
41.74
331.80%
Diluted Earnings per share
54.19
12.56
41.63
331.45%
Operating Profit Margin (Excl OI)
15.90%
19.23%
0.00
-3.33%
Gross Profit Margin
14.88%
21.84%
0.00
-6.96%
PAT Margin
8.46%
14.32%
0.00
-5.86%
Public Share Holdings (%)
0.00%
0.00%
0.00
0.00%
Pledged Promotor Holding (%)
0.00%
0.00%
0.00
0.00%
Annual - Net Sales
Net Sales 56,815.40 Cr
in Mar 2026Figures in Cr
YoY Growth in year ended Mar 2026 is 7.22% vs 1.91% in Mar 2025
Annual - Consolidate Net Profit
Consolidate Net Profit 4,810.90 Cr
in Mar 2026Figures in Cr
YoY Growth in year ended Mar 2026 is 13.16% vs 80.32% in Mar 2025
Annual - Operating Profit (PBDIT)
Operating Profit (PBDIT) 9,034.10 Cr
in Mar 2026Figures in Cr
YoY Growth in year ended Mar 2026 is 29.73% vs 54.53% in Mar 2025
Annual - Interest
Interest 337.40 Cr
in Mar 2026Figures in Cr
YoY Growth in year ended Mar 2026 is 4.88% vs -17.98% in Mar 2025
Annual - Operating Profit Margin (Excl OI)
Operating Profit Margin (Excl OI) 15.90%
in Mar 2026Figures in %
YoY Growth in year ended Mar 2026 has improved from Mar 2025






