Tech Mahindra Ltd

Tech Mahindra Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Tech Mahindra Ltd

₹ 1,462 1.16%
25 Apr - close price
techmahindra.com BSE: 532755 NSE: TECHM
About

Tech Mahindra Ltd provides comprehensive range of IT services, including IT enabled service, application development and maintenance, consulting and enterprise business solutions, etc. to a diversified base of corporate customers in a wide range of industries.[1]

Key Points

Parentage
The company is a subsidiary of the Mahindra Group, a leading global conglomerate with operations in 100+ countries. The group manages 150 companies across 22 major industries, including renewable energy, agriculture, logistics, hospitality, real estate, aerospace, automotive components, and consulting services, etc. [1]

Website BSE NSE
  • Market Cap ₹ 1,43,129 Cr.
  • Current Price ₹ 1,462
  • High / Low ₹ 1,808 / 1,194
  • Stock P/E 33.7
  • Book Value ₹ 279
  • Dividend Yield 2.74 %
  • ROCE 20.1 %
  • ROE 15.7 %
  • Face Value ₹ 5.00
Edit ratios

Pros

  • Company has reduced debt.
  • Company is almost debt free.
  • Company has been maintaining a healthy dividend payout of 111%
  • Debtor days have improved from 71.1 to 45.1 days.

Cons

  • The company has delivered a poor sales growth of 7.52% over past five years.
  • Company has a low return on equity of 14.0% over last 3 years.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Peer comparison

Sector: IT - Software Industry: Computers - Software - Large

Part of BSE Sensex Nifty 50 BSE 500 BSE Information Technology BSE 100

Edit Columns
Loading peers table ...

Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

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
12,116 12,708 13,130 13,735 13,718 13,159 12,864 13,101 12,871 13,006 13,313 13,286 13,384
10,028 10,828 11,185 11,600 11,915 11,821 11,950 11,955 11,772 11,441 11,563 11,477 11,545
Operating Profit 2,088 1,880 1,944 2,135 1,803 1,338 914 1,146 1,099 1,564 1,750 1,809 1,839
OPM % 17% 15% 15% 16% 13% 10% 7% 9% 9% 12% 13% 14% 14%
324 122 290 247 306 200 264 92 380 147 522 23 173
Interest 55 40 79 113 93 120 98 116 58 72 89 76 85
Depreciation 484 477 492 498 490 447 466 443 461 462 470 459 462
Profit before tax 1,873 1,486 1,664 1,771 1,525 971 615 679 959 1,178 1,714 1,297 1,464
Tax % 18% 23% 22% 27% 26% 28% 18% 23% 31% 27% 27% 24% 22%
1,545 1,148 1,299 1,285 1,125 704 505 524 664 865 1,258 989 1,142
EPS in Rs 15.49 11.64 13.21 13.32 11.47 7.10 5.06 5.23 6.77 8.71 12.78 10.05 11.92
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
18,802 22,621 26,494 29,141 30,773 34,742 36,868 37,855 44,646 53,290 51,996 52,988
14,630 18,428 22,234 24,956 26,063 28,471 31,365 31,059 36,626 45,527 47,489 46,024
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
OPM % 22% 19% 16% 14% 15% 18% 15% 18% 18% 15% 9% 13%
244 106 453 775 1,417 534 1,192 788 1,115 965 927 864
Interest 80 69 97 129 162 133 192 174 163 326 392 322
Depreciation 522 611 759 978 1,085 1,129 1,446 1,458 1,520 1,957 1,817 1,853
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
Tax % 20% 27% 22% 26% 22% 23% 23% 27% 24% 25% 26% 25%
3,062 2,659 3,027 2,851 3,786 4,289 3,897 4,353 5,630 4,857 2,397 4,253
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
Dividend Payout % 15% 22% 35% 28% 33% 29% 32% 89% 47% 91% 150% 94%
Compounded Sales Growth
10 Years: 9%
5 Years: 8%
3 Years: 6%
TTM: 2%
Compounded Profit Growth
10 Years: 5%
5 Years: 2%
3 Years: -9%
TTM: 80%
Stock Price CAGR
10 Years: 9%
5 Years: 23%
3 Years: 5%
1 Year: 14%
Return on Equity
10 Years: 18%
5 Years: 16%
3 Years: 14%
Last Year: 16%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Equity Capital 234 480 436 439 442 444 436 437 439 440 441 442
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
363 700 1,091 1,366 2,397 1,996 3,670 2,901 2,618 2,740 2,537 2,025
6,394 6,899 6,843 8,254 9,192 11,166 11,834 11,836 14,911 15,162 13,943 15,108
Total Liabilities 15,940 19,848 22,525 26,057 30,431 33,446 37,318 39,602 44,416 45,827 43,149 44,494
2,594 4,033 4,309 6,460 7,622 7,061 8,872 9,018 14,784 14,932 13,903 13,982
CWIP 266 568 629 373 240 276 50 118 165 120 133 21
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
11,607 13,145 16,289 16,828 17,728 18,766 22,548 20,228 24,583 27,388 25,875 27,310
Total Assets 15,940 19,848 22,525 26,057 30,431 33,446 37,318 39,602 44,416 45,827 43,149 44,494

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
1,596 2,448 3,137 4,071 3,554 4,432 4,358 8,094 5,285 5,572 6,376 5,786
291 -1,865 -1,453 -2,893 -3,319 -2,104 1,081 -5,433 480 -226 -1,318 -23
-972 -829 -496 -1,571 -269 -2,251 -4,466 -2,987 -4,667 -5,078 -4,767 -5,799
Net Cash Flow 915 -246 1,188 -392 -35 77 974 -326 1,098 267 291 -37

Ratios

Consolidated Figures in Rs. Crores / View Standalone

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 45
Inventory Days
Days Payable
Cash Conversion Cycle 84 84 80 67 77 73 75 87 98 88 80 45
Working Capital Days 47 64 69 67 53 37 60 42 43 40 36 51
ROCE % 45% 32% 27% 23% 24% 25% 22% 23% 26% 22% 12% 20%

Shareholding Pattern

Numbers in percentages

Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025
35.24% 35.21% 35.19% 35.17% 35.15% 35.13% 35.10% 35.08% 35.04% 35.02% 35.01% 35.00%
30.43% 28.20% 27.95% 26.87% 25.69% 26.22% 24.58% 24.15% 23.27% 23.67% 24.19% 22.95%
20.73% 23.61% 23.73% 25.68% 26.86% 27.03% 28.91% 29.42% 30.66% 30.90% 30.73% 32.13%
0.17% 0.17% 0.17% 0.17% 0.17% 0.17% 0.17% 0.17% 0.17% 0.17% 0.17% 0.17%
13.43% 12.81% 12.93% 12.07% 12.11% 11.44% 11.22% 11.16% 10.84% 10.23% 9.88% 9.74%
No. of Shareholders 8,89,6069,73,2079,92,2389,36,5349,29,8278,85,5908,67,3738,48,4848,26,2847,74,9977,61,3837,61,701

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents

Announcements

Annual reports

DRHP

Credit ratings

Concalls