Tech Mahindra Ltd.

1,584-0.51%

2026-08-21

techmahindra.comBSE: 532755NSE: TECHM
Market Cap₹ 1,55,077 Cr.
Current Price₹ 1,592
High / Low₹ 1,854 / 1,304
Stock P/E30.2
Book Value₹ 315
Price to Book4.18
Dividend Yield3.22 %
ROCE23.0 %
ROE17.0 %
Face Value₹ 5

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ABOUT

KEY POINTS

Revenue Breakup Mar 2026 • IT Services: 84.1% • Business Process Outsourcing: 15.9%

PROS

  • Company is almost debt free
  • Company has consistently been profitable over the last 5 years
  • Latest quarter profit grew 31.7% YoY, showing strong momentum
  • Strong cash generation - operating cash flow backs reported profits (CFO/PAT 1.60x)
  • Company has a consistent dividend-paying track record
  • Company comfortably covers its interest (20.5x coverage)

CONS

  • Company has delivered a poor profit growth of 2.0% over past five years

* The pros and cons are machine generated based on quantitative rules.

Peer comparison

EDIT COLUMNS
S.No.NameCMP Rs.P/EMar Cap Rs.Cr.Div Yld %NP Qtr Rs.Cr.Qtr Profit Var %Sales Qtr Rs.Cr.Qtr Sales Var %ROCE %OPM %
1.TCS2287.0016.62827456.624.8113420.004.6972275.0013.9366.2525.67
2.INFY1117.0514.97453305.214.307775.0012.2948211.0014.0342.8423.66
3.HCLTECH1322.5020.60358882.214.084626.0020.3434579.0013.9431.2019.87
4.WIPRO179.5013.45177780.786.133356.300.5924478.6010.5918.4918.93
5.TECHM1582.2030.20155076.763.221486.3031.6715711.9017.6823.0417.43
6.LTM4535.0025.72134517.771.651468.6017.0611608.0017.9630.2517.75
7.OFSS11720.0029.90102061.423.411415.50120.523125.2068.7345.5060.04
8.PERSISTENT5510.0045.2086920.250.73483.0413.674303.2329.0935.0916.19
9.COFORGE1815.0045.7680390.070.87531.7049.195527.7049.8624.7019.14
10.MPHASIS2420.0024.1846192.172.56489.5110.824384.0517.4623.3118.15
11.LTTS3538.7028.4437537.661.64357.1012.972940.1011.4727.7018.65
12.HEXT552.7525.1433773.912.08330.20-13.043845.2017.9331.4015.74
Detailed Comparison with:

Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Jun 2023
13,159
11,821
Operating Profit
OPM %
Other Income
192
Interest
120
Depreciation
447
963
Tax %
27.78%
Net Profit
0
8
Equity Capital
440
Reserves
0
Promoter Pledge %
0.00%
Equity Capital
440
Reserves
0
Promoter Pledge %
0.00%
Sep 2023
12,864
11,941
Operating Profit
OPM %
Other Income
264
Interest
98
Depreciation
466
624
Tax %
17.63%
Net Profit
0
6
Equity Capital
441
Reserves
0
Promoter Pledge %
0.00%
Equity Capital
441
Reserves
0
Promoter Pledge %
0.00%
Dec 2023
13,101
11,955
Operating Profit
OPM %
Other Income
88
Interest
116
Depreciation
443
674
Tax %
23.01%
Net Profit
0
6
Equity Capital
441
Reserves
0
Promoter Pledge %
0.00%
Equity Capital
441
Reserves
0
Promoter Pledge %
0.00%
Mar 2024
12,871
11,772
Operating Profit
OPM %
Other Income
374
Interest
58
Depreciation
461
953
Tax %
30.95%
Net Profit
0
7
Equity Capital
441
Reserves
0
Promoter Pledge %
0.00%
Equity Capital
441
Reserves
0
Promoter Pledge %
0.00%
Jun 2024
13,006
11,441
Operating Profit
OPM %
Other Income
145
Interest
72
Depreciation
462
1,176
Tax %
26.65%
Net Profit
865
10
Equity Capital
442
Reserves
0
Promoter Pledge %
0.00%
Equity Capital
442
Reserves
0
Promoter Pledge %
0.00%
Sep 2024
13,313
11,563
Operating Profit
OPM %
Other Income
522
Interest
89
Depreciation
470
1,713
Tax %
26.62%
Net Profit
1,258
14
Equity Capital
442
Reserves
0
Promoter Pledge %
0.00%
Equity Capital
442
Reserves
0
Promoter Pledge %
0.00%
Dec 2024
13,286
11,477
Operating Profit
OPM %
Other Income
16
Interest
76
Depreciation
459
1,291
Tax %
23.91%
Net Profit
989
11
Equity Capital
442
Reserves
0
Promoter Pledge %
0.00%
Equity Capital
442
Reserves
0
Promoter Pledge %
0.00%
Mar 2025
13,384
11,544
Operating Profit
OPM %
Other Income
173
Interest
85
Depreciation
462
1,465
Tax %
21.99%
Net Profit
1,142
13
Equity Capital
442
Reserves
0
Promoter Pledge %
0.00%
Equity Capital
442
Reserves
0
Promoter Pledge %
0.00%
Jun 2025
13,351
11,416
Operating Profit
OPM %
Other Income
218
Interest
78
Depreciation
458
1,618
Tax %
30.25%
Net Profit
1,129
13
Equity Capital
442
Reserves
0
Promoter Pledge %
0.00%
Equity Capital
442
Reserves
0
Promoter Pledge %
0.00%
Sep 2025
13,995
11,827
Operating Profit
OPM %
Other Income
40
Interest
77
Depreciation
469
1,662
Tax %
27.53%
Net Profit
1,202
13
Equity Capital
443
Reserves
0
Promoter Pledge %
0.00%
Equity Capital
443
Reserves
0
Promoter Pledge %
0.00%
Dec 2025
14,393
12,028
Operating Profit
OPM %
Other Income
-22
Interest
94
Depreciation
474
1,504
Tax %
25.69%
Net Profit
1,119
13
Equity Capital
443
Reserves
0
Promoter Pledge %
0.00%
Equity Capital
443
Reserves
0
Promoter Pledge %
0.00%
Mar 2026
15,076
12,511
Operating Profit
OPM %
Other Income
-205
Interest
89
Depreciation
481
1,791
Tax %
24.25%
Net Profit
1,356
15
Equity Capital
443
Reserves
0
Promoter Pledge %
0.00%
Equity Capital
443
Reserves
0
Promoter Pledge %
0.00%
Jun 2026
15,712
13,559
Operating Profit
OPM %
Other Income
-106
Interest
111
Depreciation
479
2,042
Tax %
27.21%
Net Profit
1,486
2
Equity Capital
443
Reserves
0
Promoter Pledge %
0.00%
Equity Capital
443
Reserves
0
Promoter Pledge %
0.00%

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2017
29,141
25,117
Operating Profit
4,962
OPM %
17
Other Income
939
Interest
129
Depreciation
978
3,853
Tax %
26
Net Profit
2,851
EPS
32
Dividend Payout %
28
Minority Interest
-38
Share of Associates
0
Adjusted EPS
32
Minority Interest
-38
Share of Associates
0
Adjusted EPS
32
Mar 2018
30,773
26,090
Operating Profit
6,126
OPM %
20
Other Income
1,444
Interest
162
Depreciation
1,085
4,879
Tax %
22
Net Profit
3,786
EPS
43
Dividend Payout %
33
Minority Interest
14
Share of Associates
0
Adjusted EPS
43
Minority Interest
14
Share of Associates
0
Adjusted EPS
43
Mar 2019
34,742
28,405
Operating Profit
6,871
OPM %
20
Other Income
534
Interest
133
Depreciation
1,129
5,543
Tax %
23
Net Profit
4,289
EPS
48
Dividend Payout %
29
Minority Interest
9
Share of Associates
0
Adjusted EPS
48
Minority Interest
9
Share of Associates
0
Adjusted EPS
48
Mar 2020
36,868
31,359
Operating Profit
6,701
OPM %
18
Other Income
1,192
Interest
192
Depreciation
1,446
5,058
Tax %
23
Net Profit
3,897
EPS
46
Dividend Payout %
32
Minority Interest
136
Share of Associates
0
Adjusted EPS
46
Minority Interest
136
Share of Associates
0
Adjusted EPS
46
Mar 2021
37,855
31,059
Operating Profit
7,583
OPM %
20
Other Income
787
Interest
174
Depreciation
1,458
5,953
Tax %
27
Net Profit
4,353
EPS
50
Dividend Payout %
89
Minority Interest
75
Share of Associates
0
Adjusted EPS
51
Minority Interest
75
Share of Associates
0
Adjusted EPS
51
Mar 2022
44,646
36,656
Operating Profit
9,132
OPM %
20
Other Income
1,142
Interest
163
Depreciation
1,520
7,452
Tax %
24
Net Profit
5,630
EPS
63
Dividend Payout %
71
Minority Interest
-64
Share of Associates
0
Adjusted EPS
63
Minority Interest
-64
Share of Associates
0
Adjusted EPS
63
Mar 2023
53,290
45,498
Operating Profit
8,757
OPM %
16
Other Income
965
Interest
326
Depreciation
1,957
6,446
Tax %
25
Net Profit
4,857
EPS
55
Dividend Payout %
91
Minority Interest
-26
Share of Associates
0
Adjusted EPS
55
Minority Interest
-26
Share of Associates
0
Adjusted EPS
55
Mar 2024
51,996
47,531
Operating Profit
5,423
OPM %
10
Other Income
959
Interest
392
Depreciation
1,817
3,224
Tax %
26
Net Profit
2,397
EPS
27
Dividend Payout %
150
Minority Interest
-39
Share of Associates
0
Adjusted EPS
27
Minority Interest
-39
Share of Associates
0
Adjusted EPS
27
Mar 2025
52,988
46,320
Operating Profit
7,819
OPM %
15
Other Income
1,151
Interest
322
Depreciation
1,853
5,653
Tax %
25
Net Profit
4,253
EPS
48
Dividend Payout %
94
Minority Interest
-2
Share of Associates
0
Adjusted EPS
48
Minority Interest
-2
Share of Associates
0
Adjusted EPS
48
Mar 2026
56,815
48,572
Operating Profit
9,066
OPM %
16
Other Income
822
Interest
337
Depreciation
1,882
6,573
Tax %
27
Net Profit
4,806
EPS
54
Dividend Payout %
94
Minority Interest
5
Share of Associates
0
Adjusted EPS
54
Minority Interest
5
Share of Associates
0
Adjusted EPS
54
TTM
59,176
49,925
Operating Profit
OPM %
Other Income
-293
Interest
371
Depreciation
1,902
6,999
Tax %
26
Net Profit
5,165
EPS
Dividend Payout %
Minority Interest
6
Share of Associates
-6
Adjusted EPS
Minority Interest
6
Share of Associates
-6
Adjusted EPS

COMPOUNDED SALES GROWTH

10 Years:
8%
5 Years:
8%
3 Years:
2%

COMPOUNDED PROFIT GROWTH

10 Years:
5%
5 Years:
2%
3 Years:
0%

STOCK PRICE CAGR

10 Years:
13%
5 Years:
3%
3 Years:
9%
1 Year:
4%

RETURN ON EQUITY

10 Years:
18%
5 Years:
16%
3 Years:
14%
Last Year:
17%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Corporate actions

2026

Jul 3

₹ 7.20

Rs.36.0000 per share(720%)Final Dividend

2025

Oct 20

₹ 3

Rs.15.0000 per share(300%)Interim Dividend

2025

Jul 4

₹ 6

Rs.30.0000 per share(600%)Final Dividend

2024

Oct 31

₹ 3

Rs.15.0000 per share(300%)Interim Dividend

2024

Jul 19

₹ 5.60

Rs.28.0000 per share(560%)Final Dividend

2023

Nov 2

₹ 2.40

Interim Dividend

2023

Jul 21

₹ 6.40

Rs.32.0000 per share(640%)Final Dividend

2022

Nov 9

₹ 3.60

Interim Dividend

2022

Jul 21

₹ 3

Rs.15.0000 per share(300%)Special Dividend

2022

Jul 21

₹ 3

2021

Nov 2

₹ 3

Rs.15.0000 per share(300%)Special Dividend

2021

Jul 23

₹ 3

Rs.15.0000 per share(300%)Special Dividend

2021

Jul 23

₹ 3

2020

Oct 29

₹ 3

Rs. 15.0000 per share (300%) Special Dividend

2020

Mar 2

Interim Dividend

2018

Jul 26

₹ 2.80

Rs.14.0000 per share(280%)Dividend

2017

Jul 27

₹ 1.80

Rs.9.0000 per share(180%)Dividend

2016

Jul 28

₹ 1.20

Rs.6.0000 per share(120%)Special Dividend

2016

Jul 28

₹ 1.20

2020

Apr 30

₹ 1

Rs.5.0000 per share(100%)Final Dividend

Mar 2017
Equity Capital
439
15,451
834
Trade Payables
1,806
7,269
Total Liabilities
25,799
6,359
Capital Work in Progress
373
2,396
61
0
Cash & Bank
3,219
13,392
Total Assets
25,799
Total Debt
1,366
Net Working Capital
9,907
Contingent Liabilities
13,274
Book Value per Share
181.06
Face Value
5.00
Total Debt
1,366
Net Working Capital
9,907
Contingent Liabilities
13,274
Book Value per Share
181.06
Face Value
5.00
Mar 2018
Equity Capital
442
17,986
955
Trade Payables
2,037
8,441
Total Liabilities
29,861
7,432
Capital Work in Progress
240
4,841
66
0
Cash & Bank
3,044
14,238
Total Assets
29,861
Total Debt
2,397
Net Working Capital
10,190
Contingent Liabilities
10,902
Book Value per Share
208.60
Face Value
5.00
Total Debt
2,397
Net Working Capital
10,190
Contingent Liabilities
10,902
Book Value per Share
208.60
Face Value
5.00
Mar 2019
Equity Capital
444
19,432
1,196
Trade Payables
2,489
9,276
Total Liabilities
32,838
6,890
Capital Work in Progress
276
7,342
75
0
Cash & Bank
2,359
15,895
Total Assets
32,838
Total Debt
1,996
Net Working Capital
11,235
Contingent Liabilities
10,605
Book Value per Share
223.98
Face Value
5.00
Total Debt
1,996
Net Working Capital
11,235
Contingent Liabilities
10,605
Book Value per Share
223.98
Face Value
5.00
Mar 2020
Equity Capital
436
20,951
2,250
Trade Payables
3,257
9,616
Total Liabilities
36,509
8,728
Capital Work in Progress
50
5,848
36
0
Cash & Bank
3,148
18,699
Total Assets
36,509
Total Debt
2,471
Net Working Capital
12,247
Contingent Liabilities
11,185
Book Value per Share
245.32
Face Value
5.00
Total Debt
2,471
Net Working Capital
12,247
Contingent Liabilities
11,185
Book Value per Share
245.32
Face Value
5.00
Mar 2021
Equity Capital
437
23,957
1,496
Trade Payables
2,785
10,089
Total Liabilities
38,765
8,929
Capital Work in Progress
118
10,238
24
0
Cash & Bank
2,835
16,620
Total Assets
38,765
Total Debt
1,693
Net Working Capital
14,982
Contingent Liabilities
10,412
Book Value per Share
279.11
Face Value
5.00
Total Debt
1,693
Net Working Capital
14,982
Contingent Liabilities
10,412
Book Value per Share
279.11
Face Value
5.00
Mar 2022
Equity Capital
439
26,038
1,348
Trade Payables
4,095
12,132
Total Liabilities
44,052
14,704
Capital Work in Progress
165
4,884
40
0
Cash & Bank
3,974
20,284
Total Assets
44,052
Total Debt
1,582
Net Working Capital
11,951
Contingent Liabilities
9,852
Book Value per Share
301.70
Face Value
5.00
Total Debt
1,582
Net Working Capital
11,951
Contingent Liabilities
9,852
Book Value per Share
301.70
Face Value
5.00
Mar 2023
Equity Capital
440
27,100
1,357
Trade Payables
4,385
11,575
Total Liabilities
44,857
14,857
Capital Work in Progress
84
3,388
24
0
Cash & Bank
4,255
22,250
Total Assets
44,857
Total Debt
1,578
Net Working Capital
11,112
Contingent Liabilities
10,077
Book Value per Share
312.96
Face Value
5.00
Total Debt
1,578
Net Working Capital
11,112
Contingent Liabilities
10,077
Book Value per Share
312.96
Face Value
5.00
Mar 2024
Equity Capital
441
25,924
1,358
Trade Payables
3,785
10,476
Total Liabilities
41,984
13,832
Capital Work in Progress
101
3,238
38
11,401
Cash & Bank
4,736
8,639
Total Assets
41,984
Total Debt
1,531
Net Working Capital
10,809
Contingent Liabilities
10,410
Book Value per Share
298.72
Face Value
5.00
Total Debt
1,531
Net Working Capital
10,809
Contingent Liabilities
10,410
Book Value per Share
298.72
Face Value
5.00
Mar 2025
Equity Capital
442
26,701
358
Trade Payables
4,411
10,725
Total Liabilities
42,637
13,948
Capital Work in Progress
21
3,182
39
11,547
Cash & Bank
4,542
9,358
Total Assets
42,637
Total Debt
471
Net Working Capital
11,005
Contingent Liabilities
7,315
Book Value per Share
306.78
Face Value
5.00
Total Debt
471
Net Working Capital
11,005
Contingent Liabilities
7,315
Book Value per Share
306.78
Face Value
5.00
Mar 2026
Equity Capital
443
28,941
69
Trade Payables
5,040
12,690
Total Liabilities
47,183
14,832
Capital Work in Progress
27
3,426
104
13,358
Cash & Bank
5,105
10,332
Total Assets
47,183
Total Debt
70
Net Working Capital
13,077
Contingent Liabilities
6,080
Book Value per Share
331.79
Face Value
5.00
Total Debt
70
Net Working Capital
13,077
Contingent Liabilities
6,080
Book Value per Share
331.79
Face Value
5.00

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2017
4,071
Cash from Investing
-2,890
Cash from Financing
-1,571
-389
Free Cash Flow
430
OCF / Net Profit
1.43
Cumulative 5-Year FCF
0
OCF / Net Profit
1.43
Cumulative 5-Year FCF
0
Mar 2018
3,554
Cash from Investing
-3,360
Cash from Financing
-269
-76
Free Cash Flow
1,562
OCF / Net Profit
0.94
Cumulative 5-Year FCF
0
OCF / Net Profit
0.94
Cumulative 5-Year FCF
0
Mar 2019
4,432
Cash from Investing
-2,116
Cash from Financing
-2,251
64
Free Cash Flow
4,402
OCF / Net Profit
1.03
Cumulative 5-Year FCF
0
OCF / Net Profit
1.03
Cumulative 5-Year FCF
0
Mar 2020
4,358
Cash from Investing
1,029
Cash from Financing
-4,466
921
Free Cash Flow
1,447
OCF / Net Profit
1.12
Cumulative 5-Year FCF
0
OCF / Net Profit
1.12
Cumulative 5-Year FCF
0
Mar 2021
8,094
Cash from Investing
-5,450
Cash from Financing
-2,987
-343
Free Cash Flow
6,960
OCF / Net Profit
1.86
Cumulative 5-Year FCF
14,802
OCF / Net Profit
1.86
Cumulative 5-Year FCF
14,802
Mar 2022
5,285
Cash from Investing
482
Cash from Financing
-4,667
1,100
Free Cash Flow
-1,791
OCF / Net Profit
0.94
Cumulative 5-Year FCF
12,580
OCF / Net Profit
0.94
Cumulative 5-Year FCF
12,580
Mar 2023
5,572
Cash from Investing
-278
Cash from Financing
-5,078
215
Free Cash Flow
3,540
OCF / Net Profit
1.15
Cumulative 5-Year FCF
14,558
OCF / Net Profit
1.15
Cumulative 5-Year FCF
14,558
Mar 2024
6,376
Cash from Investing
-1,314
Cash from Financing
-4,767
296
Free Cash Flow
6,117
OCF / Net Profit
2.66
Cumulative 5-Year FCF
16,273
OCF / Net Profit
2.66
Cumulative 5-Year FCF
16,273
Mar 2025
5,786
Cash from Investing
-23
Cash from Financing
-5,799
-37
Free Cash Flow
4,965
OCF / Net Profit
1.36
Cumulative 5-Year FCF
19,791
OCF / Net Profit
1.36
Cumulative 5-Year FCF
19,791
Mar 2026
6,172
Cash from Investing
-409
Cash from Financing
-5,130
632
Free Cash Flow
3,554
OCF / Net Profit
1.28
Cumulative 5-Year FCF
16,384
OCF / Net Profit
1.28
Cumulative 5-Year FCF
16,384

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2017
EPS (₹)
32.05
Book Value (₹)
181.06
Dividend per Share (₹)
9.00
Cash EPS (₹)
43.63
Operating Margin %
17.03%
Net Margin %
9.78%
ROE %
19.05%
ROCE %
22.15%
11.93%
Debtor Days
70
Inventory Days
1
Payable Days
0
70
Debt to Equity (x)
0.09x
Interest Coverage (x)
30.96x
2.55x
Revenue Growth %
9.99%
Operating Profit Growth %
5.35%
Net Profit Growth %
-5.81%
0.00%
P/E (x)
0.00x
P/B (x)
0.00x
Dividend Yield %
0.00%
0.00x
Mar 2018
EPS (₹)
43.01
Book Value (₹)
208.60
Dividend per Share (₹)
14.00
Cash EPS (₹)
55.14
Operating Margin %
19.91%
Net Margin %
12.30%
ROE %
22.07%
ROCE %
24.29%
13.60%
Debtor Days
70
Inventory Days
1
Payable Days
0
71
Debt to Equity (x)
0.13x
Interest Coverage (x)
31.04x
2.29x
Revenue Growth %
5.60%
Operating Profit Growth %
23.46%
Net Profit Growth %
32.81%
0.00%
P/E (x)
0.00x
P/B (x)
0.00x
Dividend Yield %
0.00%
0.00x
Mar 2019
EPS (₹)
48.43
Book Value (₹)
223.98
Dividend per Share (₹)
14.00
Cash EPS (₹)
61.05
Operating Margin %
19.78%
Net Margin %
12.34%
ROE %
22.39%
ROCE %
24.69%
13.68%
Debtor Days
71
Inventory Days
1
Payable Days
0
71
Debt to Equity (x)
0.10x
Interest Coverage (x)
42.62x
2.09x
Revenue Growth %
12.90%
Operating Profit Growth %
12.16%
Net Profit Growth %
13.27%
0.00%
P/E (x)
0.00x
P/B (x)
0.00x
Dividend Yield %
0.00%
0.00x
Mar 2020
EPS (₹)
46.26
Book Value (₹)
245.32
Dividend per Share (₹)
15.00
Cash EPS (₹)
61.29
Operating Margin %
14.94%
Net Margin %
10.57%
ROE %
18.89%
ROCE %
21.42%
11.24%
Debtor Days
72
Inventory Days
1
Payable Days
0
73
Debt to Equity (x)
0.12x
Interest Coverage (x)
27.36x
2.12x
Revenue Growth %
6.12%
Operating Profit Growth %
-2.48%
Net Profit Growth %
-9.13%
-4.48%
P/E (x)
12.21x
P/B (x)
2.30x
Dividend Yield %
2.66%
7.25x
Mar 2021
EPS (₹)
50.66
Book Value (₹)
279.11
Dividend per Share (₹)
45.00
Cash EPS (₹)
66.48
Operating Margin %
20.03%
Net Margin %
11.50%
ROE %
19.02%
ROCE %
22.99%
11.57%
Debtor Days
80
Inventory Days
0
Payable Days
0
80
Debt to Equity (x)
0.07x
Interest Coverage (x)
35.21x
2.46x
Revenue Growth %
2.68%
Operating Profit Growth %
13.17%
Net Profit Growth %
11.69%
0.00%
P/E (x)
0.00x
P/B (x)
0.00x
Dividend Yield %
0.00%
0.00x
Mar 2022
EPS (₹)
63.42
Book Value (₹)
301.70
Dividend per Share (₹)
45.00
Cash EPS (₹)
81.48
Operating Margin %
20.45%
Net Margin %
12.61%
ROE %
22.13%
ROCE %
26.49%
13.60%
Debtor Days
86
Inventory Days
0
Payable Days
0
86
Debt to Equity (x)
0.06x
Interest Coverage (x)
46.83x
1.96x
Revenue Growth %
17.94%
Operating Profit Growth %
20.42%
Net Profit Growth %
29.34%
0.00%
P/E (x)
0.00x
P/B (x)
0.00x
Dividend Yield %
0.00%
0.00x
Mar 2023
EPS (₹)
54.90
Book Value (₹)
312.96
Dividend per Share (₹)
50.00
Cash EPS (₹)
77.43
Operating Margin %
16.43%
Net Margin %
9.11%
ROE %
17.98%
ROCE %
22.41%
10.93%
Debtor Days
85
Inventory Days
0
Payable Days
0
85
Debt to Equity (x)
0.06x
Interest Coverage (x)
20.80x
1.83x
Revenue Growth %
19.36%
Operating Profit Growth %
-4.11%
Net Profit Growth %
-13.73%
0.00%
P/E (x)
0.00x
P/B (x)
0.00x
Dividend Yield %
0.00%
0.00x
Mar 2024
EPS (₹)
26.71
Book Value (₹)
298.72
Dividend per Share (₹)
40.00
Cash EPS (₹)
47.74
Operating Margin %
8.59%
Net Margin %
4.61%
ROE %
8.89%
ROCE %
12.02%
5.52%
Debtor Days
85
Inventory Days
0
Payable Days
0
85
Debt to Equity (x)
0.06x
Interest Coverage (x)
9.22x
1.86x
Revenue Growth %
-2.43%
Operating Profit Growth %
-38.07%
Net Profit Growth %
-50.65%
-51.34%
P/E (x)
46.81x
P/B (x)
4.19x
Dividend Yield %
3.20%
19.76x
Mar 2025
EPS (₹)
48.05
Book Value (₹)
306.78
Dividend per Share (₹)
45.00
Cash EPS (₹)
69.01
Operating Margin %
12.58%
Net Margin %
8.03%
ROE %
15.90%
ROCE %
20.43%
10.05%
Debtor Days
79
Inventory Days
0
Payable Days
0
79
Debt to Equity (x)
0.02x
Interest Coverage (x)
18.57x
1.87x
Revenue Growth %
1.91%
Operating Profit Growth %
44.18%
Net Profit Growth %
77.44%
79.87%
P/E (x)
29.51x
P/B (x)
4.62x
Dividend Yield %
3.17%
15.53x
Mar 2026
EPS (₹)
54.32
Book Value (₹)
331.79
Dividend per Share (₹)
51.00
Cash EPS (₹)
75.51
Operating Margin %
14.51%
Net Margin %
8.46%
ROE %
17.00%
ROCE %
23.04%
10.70%
Debtor Days
80
Inventory Days
0
Payable Days
0
80
Debt to Equity (x)
0.00x
Interest Coverage (x)
20.48x
1.90x
Revenue Growth %
7.22%
Operating Profit Growth %
15.95%
Net Profit Growth %
12.99%
13.06%
P/E (x)
25.53x
P/B (x)
4.18x
Dividend Yield %
3.68%
12.99x

Shareholding Pattern

Numbers in percentages

TRADES
Jun 2024
35.05
23.27
30.66
0.17
10.85
Sep 2024
35.03
23.67
30.90
0.17
10.24
Dec 2024
35.01
24.19
30.63
0.17
9.99
Mar 2025
35.01
22.95
32.12
0.17
9.77
Jun 2025
35.00
23.28
32.12
0.17
9.43
Sep 2025
34.98
20.60
34.63
0.17
9.61
Dec 2025
34.98
17.94
37.78
0.17
9.14
Mar 2026
34.97
18.59
37.33
0.17
8.95
Jun 2026
34.97
18.66
36.91
0.17
9.30

Documents

Announcements

  • Allotment of Securities

    2026-08-17 - Tech Mahindra Limited has informed the Exchange regarding allotment of 48950 securities pursuant to ESOP/ESPS at its meeting held on August 17, 2026

  • General Updates

    2026-08-08 - Tech Mahindra Limited has informed the Exchange about General Updates

Credit Ratings

Nothing filed yet.

Concalls