Tech Mahindra

  • Market Cap: Large Cap
  • Industry: Computers - Software & Consulting
  • ISIN: INE669C01036
  • NSEID: TECHM
  • BSEID: 532755
INR
1,409.15
13.25 (0.95%)
BSENSE

Apr 28

BSE+NSE Vol: 20.38 lacs

  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-summaryPrice Point
High/Low

1Day

52 Week

Valuation
Technical
Day's Volume

CASH

20.38 lacs (-58.32%) Volume

Shareholding (Mar 2026)

FII

18.59%

Held by 902 FIIs

DII

3.09%

Held by 110 DIIs

Promoter

34.97%

Who are the top shareholders of the Tech Mahindra?

06-Jun-2025

The top shareholders of Tech Mahindra include Mahindra & Mahindra Limited with 25.33%, foreign institutional investors at 22.95%, mutual funds with 17.19%, and the Life Insurance Corporation of India holding 10.14%. Individual investors own approximately 7.94% of the shares.

The top shareholders of Tech Mahindra include several key players. The majority shareholder is Mahindra & Mahindra Limited, which holds 25.33% of the shares. Following that, foreign institutional investors (FIIs) collectively hold 22.95%, while mutual funds account for 17.19% through 41 different schemes. The Life Insurance Corporation of India is the highest public shareholder with a stake of 10.14%. Additionally, individual investors hold about 7.94% of the company's shares.

View full answer

how big is Tech Mahindra?

06-Jun-2025

As of Jun 06, Tech Mahindra Ltd. has a market capitalization of 152,559.00 Cr and reported net sales of 52,988.30 Cr and net profit of 4,251.50 Cr over the latest four quarters.

Market Cap: Tech Mahindra Ltd. has a market capitalization of 152,559.00 Cr and is classified as a Large Cap company as of Jun 06.<BR><BR>Recent Quarterly Performance: The sum of Net Sales for the latest 4 quarters, which includes data from Mar'25, Dec'24, Sep'24, and Jun'24, is 52,988.30 Cr. The sum of Net Profit for the same period is 4,251.50 Cr. This data is Consolidated.<BR><BR>Balance Sheet Snapshot: This is Consolidated data for the latest annual period ending in Mar'24. The Shareholder's Funds are reported at 26,669.40 Cr, while the Total Assets amount to 41,984.00 Cr.

View full answer

What is the bonus history of the Tech Mahindra?

06-Jun-2025

Tech Mahindra's most recent bonus issue was a 1:1 bonus announced on March 19, 2015, with a record date of March 20, 2015, allowing shareholders to receive one additional share for each share held.

Tech Mahindra has a notable bonus history, with its latest bonus issue being a 1:1 bonus announced on March 19, 2015. The record date for this bonus was March 20, 2015. This means that shareholders received one additional share for every share they held as of the record date. If you have any more questions about Tech Mahindra or its financial activities, feel free to ask!

View full answer

Who are the peers of the Tech Mahindra?

03-Jun-2025

Tech Mahindra's peers include TCS, Infosys, HCL Technologies, Wipro, LTI Mindtree, Persistent Sys, Coforge, Hexaware Tech, and Mphasis. In terms of management risk, Tech Mahindra is rated as Good, with a 1-year return of 23.87%, which is higher than TCS but lower than Coforge.

Peers: The peers of Tech Mahindra are TCS, Infosys, HCL Technologies, Wipro, LTI Mindtree, Persistent Sys, Coforge, Hexaware Tech., and Mphasis.<BR><BR>Quality Snapshot: Excellent management risk is observed at TCS, Infosys, LTI Mindtree, Persistent Sys, and Coforge, while Good management risk is found at Wipro, Tech Mahindra, and Mphasis. Average management risk is noted at HCL Technologies and Hexaware Tech. Growth is Excellent for LTI Mindtree and Persistent Sys, Good for TCS, Infosys, and Coforge, Average for HCL Technologies and Hexaware Tech, and Below Average for Wipro, Tech Mahindra, and Mphasis. All peers have an Excellent capital structure except for Wipro, Tech Mahindra, and Mphasis, which have a Good rating.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Coforge at 69.64%, while the lowest is TCS at -7.86%. Tech Mahindra's 1-year return of 23.87% is higher than TCS but lower than Coforge. Additionally, the six-month returns for TCS, Wipro, LTI Mindtree, Persistent Sys, Mphasis, and L&T Technology are negative.

View full answer

Who are in the management team of Tech Mahindra?

16-Jul-2025

As of March 2023, the management team of Tech Mahindra includes Anand Mahindra (Chairman), C P Gurnani (Managing Director & CEO), and several independent and non-executive directors, responsible for the company's strategic direction and operations.

As of March 2023, the management team of Tech Mahindra includes the following key members:<BR><BR>1. **Anand Mahindra** - Chairman (Non-Executive)<BR>2. **C P Gurnani** - Managing Director & CEO<BR>3. **T N Manoharan** - Lead Independent Director<BR>4. **M Rajyalakshmi Rao** - Independent Director<BR>5. **Anil Khatri** - Company Secretary & Compliance Officer<BR>6. **Mukti Khaire** - Director<BR>7. **Haigreve Khaitan** - Independent Director<BR>8. **Shikha Sharma** - Independent Director<BR>9. **Anish Shah** - Director<BR>10. **Manoj Bhat** - Director<BR>11. **Penelope Fowler** - Independent Director<BR>12. **Mohit Joshi** - Managing Director & CEO<BR><BR>This team is responsible for guiding the company's strategic direction and operations.

View full answer

What does Tech Mahindra do?

17-Jul-2025

Tech Mahindra Limited is a major provider of consulting and integrated portfolio services in the software and consulting industry, with recent net sales of ₹133,512 Cr and a net profit of ₹11,406 Cr as of June 2025. The company has a market cap of ₹155,126 Cr and key metrics include a P/E ratio of 37.00 and a dividend yield of 4.59%.

Overview: <BR>Tech Mahindra Limited is a leading provider of consulting-led integrated portfolio services in the Computers - Software & Consulting industry, categorized as a Large Cap company.<BR><BR>History: <BR>Tech Mahindra was incorporated in an unspecified year and has maintained its status as a significant player in the industry. The latest quarterly results reported are for June 2025, showcasing the company's performance in net sales and profit.<BR><BR>Financial Snapshot: <BR>Most recent Net Sales: 133,512 Cr (Quarterly Results - Jun 2025) <BR>Most recent Net Profit: 11,406 Cr (Quarterly Results - Jun 2025) <BR>Market-cap value: INR 155,126 Cr (Large Cap)<BR><BR>Key Metrics: <BR>P/E: 37.00 <BR>Industry P/E: 29 <BR>Dividend Yield: 4.59% <BR>Debt-Equity: -0.20 <BR>Return on Equity: 15.54% <BR>Price to Book: 5.69<BR><BR>Contact Details: <BR>Address: Gateway Building, Apollo Bunder Mumbai Maharashtra : 400001 <BR>Tel: 91-22-22021031 <BR>Email: investor.relations@techmahindra.com <BR>Website: http://www.techmahindra.com

View full answer

Has Tech Mahindra declared dividend?

16-Oct-2025

Yes, Tech Mahindra has declared a dividend of 300%, amounting to ₹30 per share, with an ex-date of October 20, 2025. The dividend yield is 3.08%, and total returns have varied across periods, showing significant gains over the long term, particularly a 101.16% return over the last 5 years.

Tech Mahindra Ltd. has declared a dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 300%<BR>- Amount per share: 30<BR>- Ex-date: 20 Oct 25<BR><BR>Dividend Yield: 3.08%.<BR><BR>Total Returns by Period:<BR>In the last 3 months, the price return was -9.04%, the dividend return was 0.97%, resulting in a total return of -8.07%.<BR><BR>Over the last 6 months, the price return was 11.81%, the dividend return was 3.28%, leading to a total return of 15.09%.<BR><BR>For the 1-year period, the price return was -11.92%, the dividend return was 3.53%, culminating in a total return of -8.39%.<BR><BR>In the 2-year period, the price return was 23.66%, the dividend return was 8.92%, resulting in a total return of 32.58%.<BR><BR>During the 3-year period, the price return was 43.55%, the dividend return was 14.00%, leading to a total return of 57.55%.<BR><BR>For the 4-year period, the price return was 2.33%, the dividend return was 10.60%, culminating in a total return of 12.93%.<BR><BR>In the last 5 years, the price return was 77.88%, the dividend return was 23.28%, resulting in a total return of 101.16%.<BR><BR>Overall, Tech Mahindra has declared a substantial dividend, and the total returns over various periods show a mixed performance, with significant gains over the longer term, particularly in the 5-year period.

View full answer

Is Tech Mahindra overvalued or undervalued?

04-Nov-2025

As of November 3, 2025, Tech Mahindra is considered overvalued with a PE ratio of 30.99, lagging behind industry peers like TCS and Infosys, and has underperformed the Sensex with a year-to-date return of -16.82%.

As of 3 November 2025, Tech Mahindra's valuation grade has moved from fair to expensive, indicating a shift in its market perception. The company is currently considered overvalued. Key ratios include a PE ratio of 30.99, an EV to EBITDA of 17.23, and a PEG ratio of 0.84, which suggest that despite a reasonable growth outlook, the stock price may not be justified by its earnings relative to peers.<BR><BR>In comparison to its industry peers, TCS has a more attractive PE ratio of 21.7, while Infosys stands at 21.94, both indicating better value propositions. Additionally, HCL Technologies, with a PE of 24.7, is also seen as fairly valued. Tech Mahindra's recent stock performance has lagged behind the Sensex, with a year-to-date return of -16.82% compared to the Sensex's 7.47%, further reinforcing the notion of overvaluation in the current market context.

View full answer

How has been the historical performance of Tech Mahindra?

20-Nov-2025

Tech Mahindra's historical performance shows fluctuating trends, with net sales of ₹52,988.30 Cr in March 2025, an increase from the previous year but a decrease from March 2023. While operating profit rose significantly to ₹7,819.20 Cr, cash flow from operating activities declined to ₹5,785.00 Cr, indicating mixed financial results.

Answer:<BR>The historical performance of Tech Mahindra shows a fluctuating trend in key financial metrics over the years.<BR><BR>Breakdown:<BR>Tech Mahindra's net sales reached 52,988.30 Cr in March 2025, up from 51,995.50 Cr in March 2024, but down from 53,290.20 Cr in March 2023. The total operating income mirrored this trend, with a total of 52,988.30 Cr in March 2025 compared to 51,995.50 Cr in the previous year. The company's operating profit (PBDIT) was 7,819.20 Cr in March 2025, a significant increase from 5,423.20 Cr in March 2024, although it was lower than the 8,756.80 Cr recorded in March 2023. Profit before tax also saw an increase to 5,644.60 Cr in March 2025 from 3,213.90 Cr in March 2024, while profit after tax rose to 4,244.40 Cr from 2,386.30 Cr. The consolidated net profit for March 2025 was 4,251.50 Cr, up from 2,357.80 Cr in March 2024. The company's total assets increased to 42,637.20 Cr in March 2025 from 41,984.00 Cr in March 2024, while total liabilities also rose to 42,637.20 Cr from 41,984.00 Cr. Cash flow from operating activities was 5,785.00 Cr in March 2025, down from 6,376.00 Cr in March 2024, and the net cash outflow was -28.00 Cr in March 2025, contrasting with a net inflow of 290.00 Cr in March 2024. Overall, Tech Mahindra's financial performance reflects a mix of growth in sales and profits alongside fluctuations in cash flow and asset management.

View full answer

Is Tech Mahindra technically bullish or bearish?

04-Dec-2025

As of December 3, 2025, Tech Mahindra shows a mildly bullish trend supported by weekly indicators, despite some caution from daily moving averages.

As of 3 December 2025, the technical trend for Tech Mahindra has changed from sideways to mildly bullish. The current stance is mildly bullish, supported by the weekly MACD and KST indicators both indicating mild bullishness, along with a bullish signal from the Bollinger Bands. However, the daily moving averages are mildly bearish, which introduces some caution. The Dow Theory also confirms a mildly bullish outlook on the weekly and monthly time frames. Overall, the mixed signals suggest a cautiously optimistic view, with strength primarily driven by the weekly indicators.

View full answer

When is the next results date for Tech Mahindra Ltd.?

01-Jan-2026

The next results date for Tech Mahindra Ltd. is 16 January 2026.

The next results date for Tech Mahindra Ltd. is scheduled for 16 January 2026.

View full answer

Are Tech Mahindra Ltd. latest results good or bad?

23-Apr-2026

Tech Mahindra Ltd.'s latest Q4 FY26 results are strong, with a net profit of ₹1,353.80 crore and a revenue increase of 12.64% year-on-year. However, the company's premium valuation at 30 times trailing earnings compared to the industry average of 23 raises concerns about long-term growth sustainability.

Tech Mahindra Ltd.'s latest results for Q4 FY26 can be characterized as good, showcasing significant improvements in key financial metrics. The company reported a net profit of ₹1,353.80 crore, reflecting a robust 20.66% growth quarter-on-quarter and a 16.04% increase year-on-year. Additionally, revenue reached ₹15,076.10 crore, marking a 4.74% increase from the previous quarter and a 12.64% rise compared to the same quarter last year.<BR><BR>One of the standout features of this quarter was the operating profit margin, which improved to 17.02%, the highest level in over two years. This represents a sequential improvement of 58 basis points and a substantial year-on-year increase of 327 basis points. Such margin expansion indicates successful operational efficiency gains despite challenges like wage inflation and competitive pressures within the IT services sector.<BR><BR>However, while the quarterly performance is strong, it's important to note that Tech Mahindra is trading at a premium valuation of 30 times trailing earnings, which is above the industry average of 23. This raises some concerns about the sustainability of its growth and profitability in the long term.<BR><BR>In summary, Tech Mahindra's latest results demonstrate strong operational performance and profitability improvements, but the high valuation relative to peers may warrant caution for investors considering the long-term growth trajectory.

View full answer

Should I buy, sell or hold Tech Mahindra Ltd.?

23-Apr-2026

Why is Tech Mahindra Ltd. falling/rising?

27-Apr-2026

As of 27-Apr, Tech Mahindra Ltd. is seeing a stock price increase to 1,395.90, up 2.64% after a trend reversal following five days of decline. The stock's strong management efficiency and high dividend yield may attract investors, despite concerns over long-term growth and a high price-to-book ratio.

As of 27-Apr, Tech Mahindra Ltd. is experiencing a rise in its stock price, currently at 1,395.90, reflecting a change of 35.85 (2.64%) upward. This increase comes after a trend reversal, as the stock has gained after five consecutive days of decline. Additionally, the stock has outperformed its sector by 0.46%, indicating a relative strength compared to its peers.<BR><BR>Today's performance is bolstered by a positive intraday high of Rs 1399.85, which represents a 2.93% increase. The IT - Software sector has also shown gains of 2.24%, contributing to the favorable environment for Tech Mahindra. Despite trading lower than its moving averages across various time frames, the stock's high dividend yield of 3.3% at the current price may attract investors seeking income.<BR><BR>Furthermore, the company has demonstrated strong management efficiency with a high return on equity (ROE) of 15.86% and has been net-debt free, which enhances its financial stability. The positive results declared over the last eight consecutive quarters, including a record operating profit to net sales ratio of 17.02%, further support investor confidence.<BR><BR>However, it is important to note that the stock has faced challenges in terms of long-term growth, with a poor annual growth rate of operating profit at 6.02% over the last five years and a high price-to-book value ratio of 4.6, indicating it may be trading at a premium compared to its peers. Despite these concerns, the current rise in stock price can be attributed to short-term positive performance indicators and a favorable sector trend.

View full answer
iScoreScore
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy

Dashboard

1

Poor long term growth as Operating profit has grown by an annual rate 6.02% of over the last 5 years

 
2

With ROE of 16.9, it has a Very Expensive valuation with a 4.7 Price to Book Value

3

Below par performance in long term as well as near term

stock-summaryMojo Parameters

Mojo Parameters

Loading Valuation Snapshot...

Stock DNA

stock-summary
Industry

Computers - Software & Consulting

stock-summary
Market cap

INR 136,864 Cr (Large Cap)

stock-summary
P/E

28.00

stock-summary
Industry P/E

21

stock-summary
Dividend Yield

3.23%

stock-summary
Debt Equity

-0.19

stock-summary
Return on Equity

16.31%

stock-summary
Price to Book

4.61

Revenue and Profits:
Net Sales:
15,076 Cr
(Quarterly Results - Mar 2026)
Net Profit:
1,354 Cr
stock-summaryTotal Returns
Total Returns (Price + Dividend) stock-summary
Dividend Yield (3.23%)
TimePeriod
Price Return
Dividend Return
Total Return
3 Months
-20.05%
0%
-20.05%
6 Months
-2.64%
0%
-2.64%
1 Year
-3.65%
3.01%
-0.64%
2 Years
10.31%
6.84%
17.15%
3 Years
37.65%
12.38%
50.03%
4 Years
11.01%
14.89%
25.9%
5 Years
44.13%
19.81%
63.94%

Latest dividend: 15 per share ex-dividend date: Oct-20-2025

Risk Adjusted Returns v/s stock-summary
Returns Beta
Icon
Beta has not been calculated since enough price history is not available
stock-summaryNews & Corporate Actions

News

P/E at 27.24 vs Industry's 21.14: What the Data Shows for Tech Mahindra Ltd.

Valuation Picture: Premium Pricing Amidst Sector Norms

The current P/E of Tech Mahindra Ltd. stands at 27.24, representing a premium of approximately 29% over the industry average of 21.14. Such a valuation premium often implies expectations of superior earnings growth or a perception of higher quality relative to peers. However, this elevated multiple contrasts with the stock’s recent price action and sector performance, raising questions about whether the premium is justified in the current market environment. Tech Mahindra’s market capitalisation of ₹1,37,104....

Read full news article

P/E at 26.64 vs Industry's 20.76: What the Data Shows for Tech Mahindra Ltd.

Valuation Premium and Its Implications

The elevated P/E ratio of Tech Mahindra Ltd. at 26.64 compared to the industry’s 20.76 suggests investors are pricing in expectations of superior earnings growth or a premium for perceived quality. However, this premium comes amid a backdrop of underwhelming recent returns, raising questions about whether the valuation is justified. The stock’s market capitalisation stands at ₹1,34,581.20 crores, firmly placing it in the large-cap category within the Computers - Software & Consulting sector.

Such a valuation gap often signals a divergence between market optimism and near-term performance reali...

Read full news article

Announcements stock-summary

Announcement under Regulation 30 (LODR)-Newspaper Publication

23-Apr-2026 | Source : BSE

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

Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome

22-Apr-2026 | Source : BSE

Enclosed Video Recording of Quarterly Earnings meeting.

Enclosed Financial Results For Quarter Ended 31St March 2026

22-Apr-2026 | Source : BSE

Enclosed financial results for quarter ended 31st March 2026

Corporate Actions stock-summary

stock-summary
BOARD MEETING

No Upcoming Board Meetings

stock-summary
DIVIDEND

Tech Mahindra Ltd. has declared 300% dividend, ex-date: 20 Oct 25

stock-summary
SPLITS

Tech Mahindra Ltd. has announced 5:10 stock split, ex-date: 19 Mar 15

stock-summary
BONUS

Tech Mahindra Ltd. has announced 1:1 bonus issue, ex-date: 19 Mar 15

stock-summary
RIGHTS

No Rights history available

stock-summaryKey Factors

Quality key factors stock-summary

Factor
Value
Sales Growth (5y)
8.46%
EBIT Growth (5y)
6.02%
EBIT to Interest (avg)
20.37
Debt to EBITDA (avg)
0.35
Net Debt to Equity (avg)
-0.21
Sales to Capital Employed (avg)
1.73
Tax Ratio
26.89%
Dividend Payout Ratio
93.65%
Pledged Shares
0
Institutional Holding
56.10%
ROCE (avg)
24.99%
ROE (avg)
15.86%

Valuation key factors

Factor
Value
P/E Ratio
28
Industry P/E
21
Price to Book Value
4.66
EV to EBIT
18.43
EV to EBITDA
14.59
EV to Capital Employed
5.64
EV to Sales
2.32
PEG Ratio
1.55
Dividend Yield
3.19%
ROCE (Latest)
30.62%
ROE (Latest)
16.93%

Technicals key factors

Indicator
Weekly
Monthly
MACD
Bearish
Mildly Bearish
RSI
No Signal
Bullish
Bollinger Bands
Mildly Bearish
Mildly Bearish
Moving Averages
Bearish (Daily)
KST
Bearish
Mildly Bearish
Dow Theory
No Trend
Mildly Bearish
OBV
No Trend
Mildly Bearish
stock-summary Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
stock-summaryShareholding
Shareholding Snapshot : Mar 2026stock-summary
Shareholding Compare (%holding) stock-summary
Majority shareholders

Promoters

Pledged Promoter Holdings

None

Mutual Funds

Held by 43 Schemes (19.06%)

FIIs

Held by 902 FIIs (18.59%)

Promoter with highest holding

Mahindra & Mahindra Limited (25.31%)

Highest Public shareholder

Life Insurance Corporation Of India (11.44%)

Individual Investors Holdings

7.15%

stock-summaryFinancial
[
  {
    "link": "quarterly",
    "btn_text": "All Quarterly Results",
    "header": "Quarterly Results Snapshot (Consolidated) - Mar'26 - QoQ",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "QoQ Growth in quarter ended Mar 2026 is 4.74% vs 2.85% in Dec 2025",
        "dir": 1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "QoQ Growth in quarter ended Mar 2026 is 20.66% vs -6.07% in Dec 2025",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Mar'26",
        "Dec'25",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "15,076.10",
          "val2": "14,393.20",
          "chgp": "4.74%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "2,565.30",
          "val2": "2,365.60",
          "chgp": "8.44%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "88.80",
          "val2": "93.60",
          "chgp": "-5.13%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "-272.40",
          "chgp": "100.00%",
          "chgp_class": "positive"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "1,353.80",
          "val2": "1,122.00",
          "chgp": "20.66%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "17.02%",
          "val2": "16.44%",
          "chgp": "0.58%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "half-yearly",
    "btn_text": "All Half Yearly Results",
    "header": "Half Yearly Results Snapshot (Consolidated) - Sep'25",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": " Growth in half year ended Sep 2025 is 3.90% vs 1.14% in Sep 2024",
        "dir": 1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": " Growth in half year ended Sep 2025 is 11.11% vs 77.14% in Sep 2024",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Sep'25",
        "Sep'24",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "27,346.10",
          "val2": "26,318.70",
          "chgp": "3.90%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "4,103.20",
          "val2": "3,314.70",
          "chgp": "23.79%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "155.00",
          "val2": "160.50",
          "chgp": "-3.43%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "2,335.10",
          "val2": "2,101.60",
          "chgp": "11.11%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "15.00%",
          "val2": "12.59%",
          "chgp": "2.41%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "nine-monthly",
    "btn_text": "All Nine Monthly Results",
    "header": "Nine Monthly Results Snapshot (Consolidated) - Dec'25",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in nine months ended Dec 2025 is 5.39% vs 1.23% in Dec 2024",
        "dir": 1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in nine months ended Dec 2025 is 12.07% vs 81.80% in Dec 2024",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Dec'25",
        "Dec'24",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "41,739.30",
          "val2": "39,604.30",
          "chgp": "5.39%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "6,468.80",
          "val2": "5,123.70",
          "chgp": "26.25%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "248.60",
          "val2": "236.40",
          "chgp": "5.16%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "-272.40",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "3,457.10",
          "val2": "3,084.80",
          "chgp": "12.07%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "15.50%",
          "val2": "12.94%",
          "chgp": "2.56%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "annual",
    "btn_text": "All Annual Results",
    "header": "Annual Results Snapshot (Consolidated) - Mar'26",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in year ended Mar 2026 is 7.22% vs 1.91% in Mar 2025",
        "dir": 1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in year ended Mar 2026 is 13.16% vs 80.32% in Mar 2025",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Mar'26",
        "Mar'25",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "56,815.40",
          "val2": "52,988.30",
          "chgp": "7.22%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "9,034.10",
          "val2": "6,963.80",
          "chgp": "29.73%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "337.40",
          "val2": "321.70",
          "chgp": "4.88%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "-272.40",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "4,810.90",
          "val2": "4,251.50",
          "chgp": "13.16%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "15.90%",
          "val2": "13.14%",
          "chgp": "2.76%",
          "chgp_class": "positive"
        }
      ]
    }
  }
]

Quarterly Results Snapshot (Consolidated) - Mar'26 - QoQstock-summary

Mar'26
Dec'25
Change(%)
Net Sales
15,076.10
14,393.20
4.74%
Operating Profit (PBDIT) excl Other Income
2,565.30
2,365.60
8.44%
Interest
88.80
93.60
-5.13%
Exceptional Items
0.00
-272.40
100.00%
Consolidate Net Profit
1,353.80
1,122.00
20.66%
Operating Profit Margin (Excl OI)
17.02%
16.44%
0.58%
Values in Rs Cr.
Direction Arrows
Net Sales

QoQ Growth in quarter ended Mar 2026 is 4.74% vs 2.85% in Dec 2025

Direction Arrows
Consolidated Net Profit

QoQ Growth in quarter ended Mar 2026 is 20.66% vs -6.07% in Dec 2025

Half Yearly Results Snapshot (Consolidated) - Sep'25stock-summary

Sep'25
Sep'24
Change(%)
Net Sales
27,346.10
26,318.70
3.90%
Operating Profit (PBDIT) excl Other Income
4,103.20
3,314.70
23.79%
Interest
155.00
160.50
-3.43%
Exceptional Items
0.00
0.00
Consolidate Net Profit
2,335.10
2,101.60
11.11%
Operating Profit Margin (Excl OI)
15.00%
12.59%
2.41%
Values in Rs Cr.
Direction Arrows
Net Sales

Growth in half year ended Sep 2025 is 3.90% vs 1.14% in Sep 2024

Direction Arrows
Consolidated Net Profit

Growth in half year ended Sep 2025 is 11.11% vs 77.14% in Sep 2024

Nine Monthly Results Snapshot (Consolidated) - Dec'25stock-summary

Dec'25
Dec'24
Change(%)
Net Sales
41,739.30
39,604.30
5.39%
Operating Profit (PBDIT) excl Other Income
6,468.80
5,123.70
26.25%
Interest
248.60
236.40
5.16%
Exceptional Items
-272.40
0.00
Consolidate Net Profit
3,457.10
3,084.80
12.07%
Operating Profit Margin (Excl OI)
15.50%
12.94%
2.56%
Values in Rs Cr.
Direction Arrows
Net Sales

YoY Growth in nine months ended Dec 2025 is 5.39% vs 1.23% in Dec 2024

Direction Arrows
Consolidated Net Profit

YoY Growth in nine months ended Dec 2025 is 12.07% vs 81.80% in Dec 2024

Annual Results Snapshot (Consolidated) - Mar'26stock-summary

Mar'26
Mar'25
Change(%)
Net Sales
56,815.40
52,988.30
7.22%
Operating Profit (PBDIT) excl Other Income
9,034.10
6,963.80
29.73%
Interest
337.40
321.70
4.88%
Exceptional Items
-272.40
0.00
Consolidate Net Profit
4,810.90
4,251.50
13.16%
Operating Profit Margin (Excl OI)
15.90%
13.14%
2.76%
Values in Rs Cr.
Direction Arrows
Net Sales

YoY Growth in year ended Mar 2026 is 7.22% vs 1.91% in Mar 2025

Direction Arrows
Consolidated Net Profit

YoY Growth in year ended Mar 2026 is 13.16% vs 80.32% in Mar 2025

stock-summaryCompany CV
About Tech Mahindra Ltd. stock-summary
stock-summary
Tech Mahindra Ltd.
Large Cap
Computers - Software & Consulting
Tech Mahindra Limited is a leading provider of consulting-led integrated portfolio services to customers including Telecom Equipment Manufacturers, Telecom Service Providers and IT Infrastructure Service Providers, Business Process Outsourcing Service Providers as well as Enterprise Solutions Services (BFSI, Retail & Logistics, Manufacturing, Energy and Utility (E&U), and Healthcare, Life Sciences, etc.
Company Coordinates stock-summary
Company Details
Gateway Building, Apollo Bunder Mumbai Maharashtra : 400001
stock-summary
Tel: 91-22-22021031
stock-summary
investor.relations@techmahindra.com
Registrar Details
Link Intime India Pvt Ltd, Block No 202, 2nd Floor, Akshay Complex, Near Ganesh Temple, Off Dhole Patil Road , Pune