Tech Mahindra Ltd.
•₹ 1,584-0.51%
2026-08-21
ABOUT
KEY POINTS
Revenue Breakup Mar 2026 • Telecommunication: 32.4% • Manufacturing: 15.5% • Banking & Finance: 15.0% • Media & Entertainment: 12.4% • Others: 11.2% • Retail, Transport & Logistics: 6.8% • Healthcare & Life Sciences: 6.6%
PROS
- Company is almost debt free
- Strong cash generation - operating cash flow backs reported profits (CFO/PAT 1.49x)
- Company has a consistent dividend-paying track record
- Company generates healthy free cash flow
- Offers a healthy dividend yield of 3.2%
CONS
- A large part of profit comes from other income (26.3% of PBT)
- Company has delivered a poor profit growth of -1.9% over past five years
- Stock is trading at 6.3x its book value
- Operating margins have contracted to 10.6% from 13.8%
- Dividend payout exceeds earnings (129.5%) - may be unsustainable
* The pros and cons are machine generated based on quantitative rules.
Peer comparison
EDIT COLUMNS| S.No. | Name | CMP Rs. | P/E | Mar Cap Rs.Cr. | Div Yld % | NP Qtr Rs.Cr. | Qtr Profit Var % | Sales Qtr Rs.Cr. | Qtr Sales Var % | ROCE % | OPM % |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. | TCS | 2287.00 | 16.62 | 827456.62 | 4.81 | 13420.00 | 4.69 | 72275.00 | 13.93 | 66.25 | 25.67 |
| 2. | INFY | 1117.05 | 14.97 | 453305.21 | 4.30 | 7775.00 | 12.29 | 48211.00 | 14.03 | 42.84 | 23.66 |
| 3. | HCLTECH | 1322.50 | 20.60 | 358882.21 | 4.08 | 4626.00 | 20.34 | 34579.00 | 13.94 | 31.20 | 19.87 |
| 4. | WIPRO | 179.50 | 13.45 | 177780.78 | 6.13 | 3356.30 | 0.59 | 24478.60 | 10.59 | 18.49 | 18.93 |
| 5. | TECHM | 1582.20 | 30.20 | 155076.76 | 3.22 | 1486.30 | 31.67 | 15711.90 | 17.68 | 23.04 | 17.43 |
| 6. | LTM | 4535.00 | 25.72 | 134517.77 | 1.65 | 1468.60 | 17.06 | 11608.00 | 17.96 | 30.25 | 17.75 |
| 7. | OFSS | 11720.00 | 29.90 | 102061.42 | 3.41 | 1415.50 | 120.52 | 3125.20 | 68.73 | 45.50 | 60.04 |
| 8. | PERSISTENT | 5510.00 | 45.20 | 86920.25 | 0.73 | 483.04 | 13.67 | 4303.23 | 29.09 | 35.09 | 16.19 |
| 9. | COFORGE | 1815.00 | 45.76 | 80390.07 | 0.87 | 531.70 | 49.19 | 5527.70 | 49.86 | 24.70 | 19.14 |
| 10. | MPHASIS | 2420.00 | 24.18 | 46192.17 | 2.56 | 489.51 | 10.82 | 4384.05 | 17.46 | 23.31 | 18.15 |
| 11. | LTTS | 3538.70 | 28.44 | 37537.66 | 1.64 | 357.10 | 12.97 | 2940.10 | 11.47 | 27.70 | 18.65 |
| 12. | HEXT | 552.75 | 25.14 | 33773.91 | 2.08 | 330.20 | -13.04 | 3845.20 | 17.93 | 31.40 | 15.74 |
Detailed Comparison with:
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 10,697 | 10,440 | 10,699 | 10,584 | 10,780 | 11,077 | 11,176 | 11,584 | 11,595 | 12,068 | 12,308 | 12,956 | 13,219 | |
| 9,911 | 10,102 | 10,089 | 9,824 | 9,777 | 10,031 | 9,999 | 10,552 | 10,178 | 10,511 | 10,646 | 11,629 | 11,572 | |
| Operating Profit | — | — | — | — | — | — | — | — | — | — | — | — | — |
| OPM % | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Income | 201 | 514 | 258 | 198 | 125 | 870 | 175 | 163 | 394 | 246 | 135 | -195 | -137 |
| Interest | 54 | 58 | 76 | 60 | 52 | 66 | 60 | 61 | 59 | 57 | 72 | 74 | 76 |
| Depreciation | 205 | 206 | 208 | 213 | 211 | 212 | 217 | 216 | 211 | 213 | 219 | 230 | 235 |
| 729 | 587 | 583 | 683 | 866 | 1,638 | 1,075 | 918 | 1,541 | 1,533 | 1,261 | 828 | 1,510 | |
| Tax % | 23.21% | 5.30% | 11.32% | 29.70% | 24.14% | 21.85% | 20.17% | 22.57% | 23.54% | 23.33% | 23.55% | 34.65% | 24.63% |
| Net Profit | 560 | 556 | 517 | 480 | 657 | 1,280 | 858 | 710 | 1,178 | 1,176 | 964 | 541 | 1,138 |
| 6 | 6 | 5 | 5 | 7 | 13 | 9 | 7 | 12 | 12 | 10 | 6 | 1 | |
| Equity Capital | 487 | 488 | 488 | 488 | 489 | 489 | 489 | 490 | 490 | 490 | 490 | 490 | 490 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Equity Capital | 487 | 488 | 488 | 488 | 489 | 489 | 489 | 490 | 490 | 490 | 490 | 490 | 490 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Jun 2023
- 10,697
- 9,911
- Operating Profit
- —
- OPM %
- —
- Other Income
- 201
- Interest
- 54
- Depreciation
- 205
- 729
- Tax %
- 23.21%
- Net Profit
- 560
- 6
- Equity Capital
- 487
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 487
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2023
- 10,440
- 10,102
- Operating Profit
- —
- OPM %
- —
- Other Income
- 514
- Interest
- 58
- Depreciation
- 206
- 587
- Tax %
- 5.30%
- Net Profit
- 556
- 6
- Equity Capital
- 488
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 488
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2023
- 10,699
- 10,089
- Operating Profit
- —
- OPM %
- —
- Other Income
- 258
- Interest
- 76
- Depreciation
- 208
- 583
- Tax %
- 11.32%
- Net Profit
- 517
- 5
- Equity Capital
- 488
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 488
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2024
- 10,584
- 9,824
- Operating Profit
- —
- OPM %
- —
- Other Income
- 198
- Interest
- 60
- Depreciation
- 213
- 683
- Tax %
- 29.70%
- Net Profit
- 480
- 5
- Equity Capital
- 488
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 488
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2024
- 10,780
- 9,777
- Operating Profit
- —
- OPM %
- —
- Other Income
- 125
- Interest
- 52
- Depreciation
- 211
- 866
- Tax %
- 24.14%
- Net Profit
- 657
- 7
- Equity Capital
- 489
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 489
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2024
- 11,077
- 10,031
- Operating Profit
- —
- OPM %
- —
- Other Income
- 870
- Interest
- 66
- Depreciation
- 212
- 1,638
- Tax %
- 21.85%
- Net Profit
- 1,280
- 13
- Equity Capital
- 489
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 489
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2024
- 11,176
- 9,999
- Operating Profit
- —
- OPM %
- —
- Other Income
- 175
- Interest
- 60
- Depreciation
- 217
- 1,075
- Tax %
- 20.17%
- Net Profit
- 858
- 9
- Equity Capital
- 489
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 489
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2025
- 11,584
- 10,552
- Operating Profit
- —
- OPM %
- —
- Other Income
- 163
- Interest
- 61
- Depreciation
- 216
- 918
- Tax %
- 22.57%
- Net Profit
- 710
- 7
- Equity Capital
- 490
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 490
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2025
- 11,595
- 10,178
- Operating Profit
- —
- OPM %
- —
- Other Income
- 394
- Interest
- 59
- Depreciation
- 211
- 1,541
- Tax %
- 23.54%
- Net Profit
- 1,178
- 12
- Equity Capital
- 490
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 490
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2025
- 12,068
- 10,511
- Operating Profit
- —
- OPM %
- —
- Other Income
- 246
- Interest
- 57
- Depreciation
- 213
- 1,533
- Tax %
- 23.33%
- Net Profit
- 1,176
- 12
- Equity Capital
- 490
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 490
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2025
- 12,308
- 10,646
- Operating Profit
- —
- OPM %
- —
- Other Income
- 135
- Interest
- 72
- Depreciation
- 219
- 1,261
- Tax %
- 23.55%
- Net Profit
- 964
- 10
- Equity Capital
- 490
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 490
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2026
- 12,956
- 11,629
- Operating Profit
- —
- OPM %
- —
- Other Income
- -195
- Interest
- 74
- Depreciation
- 230
- 828
- Tax %
- 34.65%
- Net Profit
- 541
- 6
- Equity Capital
- 490
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 490
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2026
- 13,219
- 11,572
- Operating Profit
- —
- OPM %
- —
- Other Income
- -137
- Interest
- 76
- Depreciation
- 235
- 1,510
- Tax %
- 24.63%
- Net Profit
- 1,138
- 1
- Equity Capital
- 490
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 490
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 23,165 | 23,692 | 27,228 | 29,225 | 29,641 | 35,761 | 42,657 | 42,700 | 44,617 | 48,927 | 50,551 | |
| 19,685 | 19,881 | 22,059 | 25,525 | 24,311 | 30,130 | 37,888 | 40,123 | 40,392 | 43,741 | 44,358 | |
| Operating Profit | 4,565 | 5,627 | 6,129 | 6,066 | 6,252 | 7,238 | 5,898 | 3,646 | 5,591 | 6,543 | — |
| OPM % | 20 | 24 | 23 | 21 | 21 | 20 | 14 | 9 | 13 | 13 | — |
| Other Income | 1,085 | 1,816 | 960 | 2,366 | 922 | 1,608 | 1,128 | 1,069 | 1,366 | 1,357 | 49 |
| Interest | 64 | 71 | 43 | 67 | 63 | 69 | 181 | 251 | 239 | 262 | 279 |
| Depreciation | 622 | 656 | 659 | 667 | 662 | 740 | 813 | 850 | 855 | 873 | 898 |
| 3,879 | 4,900 | 5,427 | 5,332 | 5,527 | 6,429 | 4,904 | 2,545 | 4,497 | 5,164 | 5,132 | |
| Tax % | 21 | 18 | 19 | 15 | 23 | 22 | 23 | 19 | 22 | 25 | 26 |
| Net Profit | 3,047 | 3,994 | 4,380 | 4,534 | 4,239 | 5,023 | 3,778 | 2,064 | 3,506 | 3,859 | 3,819 |
| EPS | 31 | 40 | 44 | 47 | 43 | 51 | 39 | 21 | 36 | 39 | — |
| Dividend Payout % | 29 | 34 | 31 | 32 | 103 | 87 | 129 | 189 | 126 | 129 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | 31 | 41 | 45 | 47 | 44 | 52 | 39 | 21 | 36 | 39 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | 31 | 41 | 45 | 47 | 44 | 52 | 39 | 21 | 36 | 39 | — |
Mar 2017
- 23,165
- 19,685
- Operating Profit
- 4,565
- OPM %
- 20
- Other Income
- 1,085
- Interest
- 64
- Depreciation
- 622
- 3,879
- Tax %
- 21
- Net Profit
- 3,047
- EPS
- 31
- Dividend Payout %
- 29
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 31
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 31
Mar 2018
- 23,692
- 19,881
- Operating Profit
- 5,627
- OPM %
- 24
- Other Income
- 1,816
- Interest
- 71
- Depreciation
- 656
- 4,900
- Tax %
- 18
- Net Profit
- 3,994
- EPS
- 40
- Dividend Payout %
- 34
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 41
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 41
Mar 2019
- 27,228
- 22,059
- Operating Profit
- 6,129
- OPM %
- 23
- Other Income
- 960
- Interest
- 43
- Depreciation
- 659
- 5,427
- Tax %
- 19
- Net Profit
- 4,380
- EPS
- 44
- Dividend Payout %
- 31
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 45
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 45
Mar 2020
- 29,225
- 25,525
- Operating Profit
- 6,066
- OPM %
- 21
- Other Income
- 2,366
- Interest
- 67
- Depreciation
- 667
- 5,332
- Tax %
- 15
- Net Profit
- 4,534
- EPS
- 47
- Dividend Payout %
- 32
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 47
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 47
Mar 2021
- 29,641
- 24,311
- Operating Profit
- 6,252
- OPM %
- 21
- Other Income
- 922
- Interest
- 63
- Depreciation
- 662
- 5,527
- Tax %
- 23
- Net Profit
- 4,239
- EPS
- 43
- Dividend Payout %
- 103
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 44
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 44
Mar 2022
- 35,761
- 30,130
- Operating Profit
- 7,238
- OPM %
- 20
- Other Income
- 1,608
- Interest
- 69
- Depreciation
- 740
- 6,429
- Tax %
- 22
- Net Profit
- 5,023
- EPS
- 51
- Dividend Payout %
- 87
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 52
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 52
Mar 2023
- 42,657
- 37,888
- Operating Profit
- 5,898
- OPM %
- 14
- Other Income
- 1,128
- Interest
- 181
- Depreciation
- 813
- 4,904
- Tax %
- 23
- Net Profit
- 3,778
- EPS
- 39
- Dividend Payout %
- 129
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 39
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 39
Mar 2024
- 42,700
- 40,123
- Operating Profit
- 3,646
- OPM %
- 9
- Other Income
- 1,069
- Interest
- 251
- Depreciation
- 850
- 2,545
- Tax %
- 19
- Net Profit
- 2,064
- EPS
- 21
- Dividend Payout %
- 189
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 21
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 21
Mar 2025
- 44,617
- 40,392
- Operating Profit
- 5,591
- OPM %
- 13
- Other Income
- 1,366
- Interest
- 239
- Depreciation
- 855
- 4,497
- Tax %
- 22
- Net Profit
- 3,506
- EPS
- 36
- Dividend Payout %
- 126
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 36
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 36
Mar 2026
- 48,927
- 43,741
- Operating Profit
- 6,543
- OPM %
- 13
- Other Income
- 1,357
- Interest
- 262
- Depreciation
- 873
- 5,164
- Tax %
- 25
- Net Profit
- 3,859
- EPS
- 39
- Dividend Payout %
- 129
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 39
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 39
TTM
- 50,551
- 44,358
- Operating Profit
- —
- OPM %
- —
- Other Income
- 49
- Interest
- 279
- Depreciation
- 898
- 5,132
- Tax %
- 26
- Net Profit
- 3,819
- EPS
- —
- Dividend Payout %
- —
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- —
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- —
COMPOUNDED SALES GROWTH
- 10 Years:
- 9%
- 5 Years:
- 11%
- 3 Years:
- 5%
COMPOUNDED PROFIT GROWTH
- 10 Years:
- 2%
- 5 Years:
- -2%
- 3 Years:
- 1%
STOCK PRICE CAGR
- 10 Years:
- 13%
- 5 Years:
- 3%
- 3 Years:
- 9%
- 1 Year:
- 4%
RETURN ON EQUITY
- 10 Years:
- 18%
- 5 Years:
- 15%
- 3 Years:
- 14%
- Last Year:
- 18%
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| LIABILITIES | - | - | - | - | - | - | - | - | - | - |
| Equity Capital | 487 | 490 | 492 | 483 | 484 | 486 | 487 | 488 | 490 | 490 |
| 15,858 | 18,641 | 19,761 | 21,378 | 24,074 | 25,320 | 24,334 | 22,310 | 21,715 | 21,002 | |
| Trade Payables | 2,211 | 2,068 | 2,885 | 2,526 | 2,528 | 3,045 | 4,107 | 4,436 | 5,508 | 6,497 |
| 5,151 | 5,357 | 6,987 | 5,500 | 5,883 | 6,433 | 6,671 | 6,867 | 7,614 | 9,269 | |
| Total Liabilities | 23,708 | 26,555 | 30,124 | 29,886 | 32,969 | 35,285 | 35,599 | 34,101 | 35,326 | 37,258 |
| ASSETS | - | - | - | - | - | - | - | - | - | - |
| 2,453 | 3,102 | 2,671 | 3,236 | 2,959 | 3,550 | 3,567 | 3,587 | 3,844 | 4,131 | |
| Capital Work in Progress | 362 | 235 | 272 | 35 | 111 | 136 | 48 | 94 | 18 | 22 |
| 7,716 | 10,258 | 12,961 | 10,649 | 16,552 | 14,532 | 13,320 | 12,517 | 12,427 | 12,033 | |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 9,580 | 9,844 | 11,730 | |
| Cash & Bank | 2,084 | 1,930 | 1,210 | 1,858 | 1,050 | 1,362 | 1,204 | 1,624 | 1,678 | 1,861 |
| 11,093 | 11,030 | 13,010 | 14,108 | 12,297 | 15,705 | 17,461 | 6,698 | 7,516 | 7,481 | |
| Total Assets | 23,708 | 26,555 | 30,124 | 29,886 | 32,969 | 35,285 | 35,599 | 34,101 | 35,326 | 37,258 |
| Total Debt | 262 | 255 | 13 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Working Capital | 8,408 | 9,308 | 10,072 | 12,329 | 14,059 | 10,816 | 8,979 | 8,178 | 7,016 | 7,452 |
| Contingent Liabilities | 12,336 | 11,836 | 12,273 | 11,992 | 12,227 | 11,748 | 10,443 | 11,093 | 8,300 | 8,056 |
| Book Value per Share | 167.89 | 195.33 | 205.94 | 226.35 | 253.65 | 265.55 | 254.79 | 233.40 | 226.81 | 219.35 |
| Face Value | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 |
| Total Debt | 262 | 255 | 13 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Working Capital | 8,408 | 9,308 | 10,072 | 12,329 | 14,059 | 10,816 | 8,979 | 8,178 | 7,016 | 7,452 |
| Contingent Liabilities | 12,336 | 11,836 | 12,273 | 11,992 | 12,227 | 11,748 | 10,443 | 11,093 | 8,300 | 8,056 |
| Book Value per Share | 167.89 | 195.33 | 205.94 | 226.35 | 253.65 | 265.55 | 254.79 | 233.40 | 226.81 | 219.35 |
| Face Value | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 |
Mar 2017
- Equity Capital
- 487
- 15,858
- Trade Payables
- 2,211
- 5,151
- Total Liabilities
- 23,708
- 2,453
- Capital Work in Progress
- 362
- 7,716
- 0
- Cash & Bank
- 2,084
- 11,093
- Total Assets
- 23,708
- Total Debt
- 262
- Net Working Capital
- 8,408
- Contingent Liabilities
- 12,336
- Book Value per Share
- 167.89
- Face Value
- 5.00
- Total Debt
- 262
- Net Working Capital
- 8,408
- Contingent Liabilities
- 12,336
- Book Value per Share
- 167.89
- Face Value
- 5.00
Mar 2018
- Equity Capital
- 490
- 18,641
- Trade Payables
- 2,068
- 5,357
- Total Liabilities
- 26,555
- 3,102
- Capital Work in Progress
- 235
- 10,258
- 0
- Cash & Bank
- 1,930
- 11,030
- Total Assets
- 26,555
- Total Debt
- 255
- Net Working Capital
- 9,308
- Contingent Liabilities
- 11,836
- Book Value per Share
- 195.33
- Face Value
- 5.00
- Total Debt
- 255
- Net Working Capital
- 9,308
- Contingent Liabilities
- 11,836
- Book Value per Share
- 195.33
- Face Value
- 5.00
Mar 2019
- Equity Capital
- 492
- 19,761
- Trade Payables
- 2,885
- 6,987
- Total Liabilities
- 30,124
- 2,671
- Capital Work in Progress
- 272
- 12,961
- 0
- Cash & Bank
- 1,210
- 13,010
- Total Assets
- 30,124
- Total Debt
- 13
- Net Working Capital
- 10,072
- Contingent Liabilities
- 12,273
- Book Value per Share
- 205.94
- Face Value
- 5.00
- Total Debt
- 13
- Net Working Capital
- 10,072
- Contingent Liabilities
- 12,273
- Book Value per Share
- 205.94
- Face Value
- 5.00
Mar 2020
- Equity Capital
- 483
- 21,378
- Trade Payables
- 2,526
- 5,500
- Total Liabilities
- 29,886
- 3,236
- Capital Work in Progress
- 35
- 10,649
- 0
- Cash & Bank
- 1,858
- 14,108
- Total Assets
- 29,886
- Total Debt
- 0
- Net Working Capital
- 12,329
- Contingent Liabilities
- 11,992
- Book Value per Share
- 226.35
- Face Value
- 5.00
- Total Debt
- 0
- Net Working Capital
- 12,329
- Contingent Liabilities
- 11,992
- Book Value per Share
- 226.35
- Face Value
- 5.00
Mar 2021
- Equity Capital
- 484
- 24,074
- Trade Payables
- 2,528
- 5,883
- Total Liabilities
- 32,969
- 2,959
- Capital Work in Progress
- 111
- 16,552
- 0
- Cash & Bank
- 1,050
- 12,297
- Total Assets
- 32,969
- Total Debt
- 0
- Net Working Capital
- 14,059
- Contingent Liabilities
- 12,227
- Book Value per Share
- 253.65
- Face Value
- 5.00
- Total Debt
- 0
- Net Working Capital
- 14,059
- Contingent Liabilities
- 12,227
- Book Value per Share
- 253.65
- Face Value
- 5.00
Mar 2022
- Equity Capital
- 486
- 25,320
- Trade Payables
- 3,045
- 6,433
- Total Liabilities
- 35,285
- 3,550
- Capital Work in Progress
- 136
- 14,532
- 0
- Cash & Bank
- 1,362
- 15,705
- Total Assets
- 35,285
- Total Debt
- 0
- Net Working Capital
- 10,816
- Contingent Liabilities
- 11,748
- Book Value per Share
- 265.55
- Face Value
- 5.00
- Total Debt
- 0
- Net Working Capital
- 10,816
- Contingent Liabilities
- 11,748
- Book Value per Share
- 265.55
- Face Value
- 5.00
Mar 2023
- Equity Capital
- 487
- 24,334
- Trade Payables
- 4,107
- 6,671
- Total Liabilities
- 35,599
- 3,567
- Capital Work in Progress
- 48
- 13,320
- 0
- Cash & Bank
- 1,204
- 17,461
- Total Assets
- 35,599
- Total Debt
- 0
- Net Working Capital
- 8,979
- Contingent Liabilities
- 10,443
- Book Value per Share
- 254.79
- Face Value
- 5.00
- Total Debt
- 0
- Net Working Capital
- 8,979
- Contingent Liabilities
- 10,443
- Book Value per Share
- 254.79
- Face Value
- 5.00
Mar 2024
- Equity Capital
- 488
- 22,310
- Trade Payables
- 4,436
- 6,867
- Total Liabilities
- 34,101
- 3,587
- Capital Work in Progress
- 94
- 12,517
- 9,580
- Cash & Bank
- 1,624
- 6,698
- Total Assets
- 34,101
- Total Debt
- 0
- Net Working Capital
- 8,178
- Contingent Liabilities
- 11,093
- Book Value per Share
- 233.40
- Face Value
- 5.00
- Total Debt
- 0
- Net Working Capital
- 8,178
- Contingent Liabilities
- 11,093
- Book Value per Share
- 233.40
- Face Value
- 5.00
Mar 2025
- Equity Capital
- 490
- 21,715
- Trade Payables
- 5,508
- 7,614
- Total Liabilities
- 35,326
- 3,844
- Capital Work in Progress
- 18
- 12,427
- 9,844
- Cash & Bank
- 1,678
- 7,516
- Total Assets
- 35,326
- Total Debt
- 0
- Net Working Capital
- 7,016
- Contingent Liabilities
- 8,300
- Book Value per Share
- 226.81
- Face Value
- 5.00
- Total Debt
- 0
- Net Working Capital
- 7,016
- Contingent Liabilities
- 8,300
- Book Value per Share
- 226.81
- Face Value
- 5.00
Mar 2026
- Equity Capital
- 490
- 21,002
- Trade Payables
- 6,497
- 9,269
- Total Liabilities
- 37,258
- 4,131
- Capital Work in Progress
- 22
- 12,033
- 11,730
- Cash & Bank
- 1,861
- 7,481
- Total Assets
- 37,258
- Total Debt
- 0
- Net Working Capital
- 7,452
- Contingent Liabilities
- 8,056
- Book Value per Share
- 219.35
- Face Value
- 5.00
- Total Debt
- 0
- Net Working Capital
- 7,452
- Contingent Liabilities
- 8,056
- Book Value per Share
- 219.35
- Face Value
- 5.00
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 3,332 | 3,273 | 3,634 | 2,380 | 6,852 | 3,213 | 4,102 | 5,123 | 4,293 | 4,594 | |
| Cash from Investing | -2,586 | -2,185 | -1,542 | 3,252 | -5,621 | 1,555 | 677 | -37 | 504 | 432 |
| Cash from Financing | -1,479 | -1,210 | -2,036 | -4,842 | -2,066 | -4,607 | -4,992 | -4,747 | -4,659 | -4,899 |
| -733 | -121 | 56 | 790 | -835 | 160 | -213 | 338 | 138 | 127 | |
| Free Cash Flow | 2,755 | 2,222 | 3,634 | 1,472 | 6,852 | 1,660 | 3,516 | 4,385 | 3,914 | 3,917 |
| OCF / Net Profit | 1.09 | 0.82 | 0.83 | 0.52 | 1.62 | 0.64 | 1.09 | 2.48 | 1.22 | 1.19 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 16,935 | 15,840 | 17,134 | 17,885 | 20,327 | 17,392 |
| OCF / Net Profit | 1.09 | 0.82 | 0.83 | 0.52 | 1.62 | 0.64 | 1.09 | 2.48 | 1.22 | 1.19 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 16,935 | 15,840 | 17,134 | 17,885 | 20,327 | 17,392 |
Mar 2017
- 3,332
- Cash from Investing
- -2,586
- Cash from Financing
- -1,479
- -733
- Free Cash Flow
- 2,755
- OCF / Net Profit
- 1.09
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 1.09
- Cumulative 5-Year FCF
- 0
Mar 2018
- 3,273
- Cash from Investing
- -2,185
- Cash from Financing
- -1,210
- -121
- Free Cash Flow
- 2,222
- OCF / Net Profit
- 0.82
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 0.82
- Cumulative 5-Year FCF
- 0
Mar 2019
- 3,634
- Cash from Investing
- -1,542
- Cash from Financing
- -2,036
- 56
- Free Cash Flow
- 3,634
- OCF / Net Profit
- 0.83
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 0.83
- Cumulative 5-Year FCF
- 0
Mar 2020
- 2,380
- Cash from Investing
- 3,252
- Cash from Financing
- -4,842
- 790
- Free Cash Flow
- 1,472
- OCF / Net Profit
- 0.52
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 0.52
- Cumulative 5-Year FCF
- 0
Mar 2021
- 6,852
- Cash from Investing
- -5,621
- Cash from Financing
- -2,066
- -835
- Free Cash Flow
- 6,852
- OCF / Net Profit
- 1.62
- Cumulative 5-Year FCF
- 16,935
- OCF / Net Profit
- 1.62
- Cumulative 5-Year FCF
- 16,935
Mar 2022
- 3,213
- Cash from Investing
- 1,555
- Cash from Financing
- -4,607
- 160
- Free Cash Flow
- 1,660
- OCF / Net Profit
- 0.64
- Cumulative 5-Year FCF
- 15,840
- OCF / Net Profit
- 0.64
- Cumulative 5-Year FCF
- 15,840
Mar 2023
- 4,102
- Cash from Investing
- 677
- Cash from Financing
- -4,992
- -213
- Free Cash Flow
- 3,516
- OCF / Net Profit
- 1.09
- Cumulative 5-Year FCF
- 17,134
- OCF / Net Profit
- 1.09
- Cumulative 5-Year FCF
- 17,134
Mar 2024
- 5,123
- Cash from Investing
- -37
- Cash from Financing
- -4,747
- 338
- Free Cash Flow
- 4,385
- OCF / Net Profit
- 2.48
- Cumulative 5-Year FCF
- 17,885
- OCF / Net Profit
- 2.48
- Cumulative 5-Year FCF
- 17,885
Mar 2025
- 4,293
- Cash from Investing
- 504
- Cash from Financing
- -4,659
- 138
- Free Cash Flow
- 3,914
- OCF / Net Profit
- 1.22
- Cumulative 5-Year FCF
- 20,327
- OCF / Net Profit
- 1.22
- Cumulative 5-Year FCF
- 20,327
Mar 2026
- 4,594
- Cash from Investing
- 432
- Cash from Financing
- -4,899
- 127
- Free Cash Flow
- 3,917
- OCF / Net Profit
- 1.19
- Cumulative 5-Year FCF
- 17,392
- OCF / Net Profit
- 1.19
- Cumulative 5-Year FCF
- 17,392
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| PER SHARE | - | - | - | - | - | - | - | - | - | - |
| EPS (₹) | 31.30 | 40.78 | 44.54 | 46.95 | 43.78 | 51.69 | 38.78 | 21.13 | 35.81 | 39.39 |
| Book Value (₹) | 167.89 | 195.33 | 205.94 | 226.35 | 253.65 | 265.55 | 254.79 | 233.40 | 226.81 | 219.35 |
| Dividend per Share (₹) | 9.00 | 14.00 | 14.00 | 15.00 | 45.00 | 45.00 | 50.00 | 40.00 | 45.00 | 51.00 |
| Cash EPS (₹) | 37.69 | 47.48 | 51.24 | 53.86 | 50.62 | 59.31 | 47.12 | 29.83 | 44.55 | 48.30 |
| PROFITABILITY | - | - | - | - | - | - | - | - | - | - |
| Operating Margin % | 19.70% | 23.75% | 22.51% | 12.66% | 21.09% | 20.24% | 13.83% | 6.04% | 9.47% | 10.60% |
| Net Margin % | 13.15% | 16.86% | 16.09% | 15.52% | 14.30% | 14.05% | 8.86% | 4.83% | 7.86% | 7.89% |
| ROE % | 19.80% | 22.52% | 22.24% | 21.54% | 18.26% | 19.95% | 14.92% | 8.67% | 15.58% | 17.66% |
| ROCE % | 22.64% | 25.23% | 25.49% | 23.79% | 22.47% | 24.21% | 18.88% | 11.02% | 19.74% | 23.28% |
| 13.78% | 15.89% | 15.45% | 15.11% | 13.49% | 14.72% | 10.66% | 5.92% | 10.10% | 10.63% | |
| EFFICIENCY | - | - | - | - | - | - | - | - | - | - |
| Debtor Days | 77 | 75 | 74 | 76 | 83 | 87 | 87 | 85 | 79 | 80 |
| Inventory Days | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Payable Days | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 77 | 75 | 74 | 76 | 83 | 87 | 87 | 85 | 79 | 80 | |
| FINANCIAL HEALTH | - | - | - | - | - | - | - | - | - | - |
| Debt to Equity (x) | 0.02x | 0.01x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x |
| Interest Coverage (x) | 61.79x | 70.21x | 126.91x | 80.94x | 88.45x | 94.31x | 28.12x | 11.13x | 19.85x | 20.75x |
| 2.79x | 2.84x | 2.28x | 3.16x | 3.36x | 2.61x | 2.07x | 1.92x | 1.67x | 1.59x | |
| GROWTH | - | - | - | - | - | - | - | - | - | - |
| Revenue Growth % | 10.47% | 2.27% | 14.92% | 7.34% | 1.42% | 20.65% | 19.28% | 0.10% | 4.49% | 9.66% |
| Operating Profit Growth % | 2.09% | 23.28% | 8.91% | -1.02% | 3.06% | 15.77% | -18.52% | -38.18% | 53.35% | 17.03% |
| Net Profit Growth % | -3.96% | 31.06% | 9.66% | 3.53% | -6.51% | 18.50% | -24.80% | -45.37% | 69.89% | 10.07% |
| 0.00% | 0.00% | 0.00% | 5.42% | 0.00% | 0.00% | 0.00% | -45.51% | 69.51% | 9.98% | |
| VALUATION | - | - | - | - | - | - | - | - | - | - |
| P/E (x) | 0.00x | 0.00x | 0.00x | 12.03x | 0.00x | 0.00x | 0.00x | 59.18x | 39.59x | 35.21x |
| P/B (x) | 0.00x | 0.00x | 0.00x | 2.50x | 0.00x | 0.00x | 0.00x | 5.36x | 6.25x | 6.32x |
| Dividend Yield % | 0.00% | 0.00% | 0.00% | 2.66% | 0.00% | 0.00% | 0.00% | 3.20% | 3.17% | 3.68% |
| 0.00x | 0.00x | 0.00x | 8.69x | 0.00x | 0.00x | 0.00x | 33.05x | 24.53x | 20.48x |
Mar 2017
- EPS (₹)
- 31.30
- Book Value (₹)
- 167.89
- Dividend per Share (₹)
- 9.00
- Cash EPS (₹)
- 37.69
- Operating Margin %
- 19.70%
- Net Margin %
- 13.15%
- ROE %
- 19.80%
- ROCE %
- 22.64%
- 13.78%
- Debtor Days
- 77
- Inventory Days
- 0
- Payable Days
- 0
- 77
- Debt to Equity (x)
- 0.02x
- Interest Coverage (x)
- 61.79x
- 2.79x
- Revenue Growth %
- 10.47%
- Operating Profit Growth %
- 2.09%
- Net Profit Growth %
- -3.96%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2018
- EPS (₹)
- 40.78
- Book Value (₹)
- 195.33
- Dividend per Share (₹)
- 14.00
- Cash EPS (₹)
- 47.48
- Operating Margin %
- 23.75%
- Net Margin %
- 16.86%
- ROE %
- 22.52%
- ROCE %
- 25.23%
- 15.89%
- Debtor Days
- 75
- Inventory Days
- 0
- Payable Days
- 0
- 75
- Debt to Equity (x)
- 0.01x
- Interest Coverage (x)
- 70.21x
- 2.84x
- Revenue Growth %
- 2.27%
- Operating Profit Growth %
- 23.28%
- Net Profit Growth %
- 31.06%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2019
- EPS (₹)
- 44.54
- Book Value (₹)
- 205.94
- Dividend per Share (₹)
- 14.00
- Cash EPS (₹)
- 51.24
- Operating Margin %
- 22.51%
- Net Margin %
- 16.09%
- ROE %
- 22.24%
- ROCE %
- 25.49%
- 15.45%
- Debtor Days
- 74
- Inventory Days
- 0
- Payable Days
- 0
- 74
- Debt to Equity (x)
- 0.00x
- Interest Coverage (x)
- 126.91x
- 2.28x
- Revenue Growth %
- 14.92%
- Operating Profit Growth %
- 8.91%
- Net Profit Growth %
- 9.66%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2020
- EPS (₹)
- 46.95
- Book Value (₹)
- 226.35
- Dividend per Share (₹)
- 15.00
- Cash EPS (₹)
- 53.86
- Operating Margin %
- 12.66%
- Net Margin %
- 15.52%
- ROE %
- 21.54%
- ROCE %
- 23.79%
- 15.11%
- Debtor Days
- 76
- Inventory Days
- 0
- Payable Days
- 0
- 76
- Debt to Equity (x)
- 0.00x
- Interest Coverage (x)
- 80.94x
- 3.16x
- Revenue Growth %
- 7.34%
- Operating Profit Growth %
- -1.02%
- Net Profit Growth %
- 3.53%
- 5.42%
- P/E (x)
- 12.03x
- P/B (x)
- 2.50x
- Dividend Yield %
- 2.66%
- 8.69x
Mar 2021
- EPS (₹)
- 43.78
- Book Value (₹)
- 253.65
- Dividend per Share (₹)
- 45.00
- Cash EPS (₹)
- 50.62
- Operating Margin %
- 21.09%
- Net Margin %
- 14.30%
- ROE %
- 18.26%
- ROCE %
- 22.47%
- 13.49%
- Debtor Days
- 83
- Inventory Days
- 0
- Payable Days
- 0
- 83
- Debt to Equity (x)
- 0.00x
- Interest Coverage (x)
- 88.45x
- 3.36x
- Revenue Growth %
- 1.42%
- Operating Profit Growth %
- 3.06%
- Net Profit Growth %
- -6.51%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2022
- EPS (₹)
- 51.69
- Book Value (₹)
- 265.55
- Dividend per Share (₹)
- 45.00
- Cash EPS (₹)
- 59.31
- Operating Margin %
- 20.24%
- Net Margin %
- 14.05%
- ROE %
- 19.95%
- ROCE %
- 24.21%
- 14.72%
- Debtor Days
- 87
- Inventory Days
- 0
- Payable Days
- 0
- 87
- Debt to Equity (x)
- 0.00x
- Interest Coverage (x)
- 94.31x
- 2.61x
- Revenue Growth %
- 20.65%
- Operating Profit Growth %
- 15.77%
- Net Profit Growth %
- 18.50%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2023
- EPS (₹)
- 38.78
- Book Value (₹)
- 254.79
- Dividend per Share (₹)
- 50.00
- Cash EPS (₹)
- 47.12
- Operating Margin %
- 13.83%
- Net Margin %
- 8.86%
- ROE %
- 14.92%
- ROCE %
- 18.88%
- 10.66%
- Debtor Days
- 87
- Inventory Days
- 0
- Payable Days
- 0
- 87
- Debt to Equity (x)
- 0.00x
- Interest Coverage (x)
- 28.12x
- 2.07x
- Revenue Growth %
- 19.28%
- Operating Profit Growth %
- -18.52%
- Net Profit Growth %
- -24.80%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2024
- EPS (₹)
- 21.13
- Book Value (₹)
- 233.40
- Dividend per Share (₹)
- 40.00
- Cash EPS (₹)
- 29.83
- Operating Margin %
- 6.04%
- Net Margin %
- 4.83%
- ROE %
- 8.67%
- ROCE %
- 11.02%
- 5.92%
- Debtor Days
- 85
- Inventory Days
- 0
- Payable Days
- 0
- 85
- Debt to Equity (x)
- 0.00x
- Interest Coverage (x)
- 11.13x
- 1.92x
- Revenue Growth %
- 0.10%
- Operating Profit Growth %
- -38.18%
- Net Profit Growth %
- -45.37%
- -45.51%
- P/E (x)
- 59.18x
- P/B (x)
- 5.36x
- Dividend Yield %
- 3.20%
- 33.05x
Mar 2025
- EPS (₹)
- 35.81
- Book Value (₹)
- 226.81
- Dividend per Share (₹)
- 45.00
- Cash EPS (₹)
- 44.55
- Operating Margin %
- 9.47%
- Net Margin %
- 7.86%
- ROE %
- 15.58%
- ROCE %
- 19.74%
- 10.10%
- Debtor Days
- 79
- Inventory Days
- 0
- Payable Days
- 0
- 79
- Debt to Equity (x)
- 0.00x
- Interest Coverage (x)
- 19.85x
- 1.67x
- Revenue Growth %
- 4.49%
- Operating Profit Growth %
- 53.35%
- Net Profit Growth %
- 69.89%
- 69.51%
- P/E (x)
- 39.59x
- P/B (x)
- 6.25x
- Dividend Yield %
- 3.17%
- 24.53x
Mar 2026
- EPS (₹)
- 39.39
- Book Value (₹)
- 219.35
- Dividend per Share (₹)
- 51.00
- Cash EPS (₹)
- 48.30
- Operating Margin %
- 10.60%
- Net Margin %
- 7.89%
- ROE %
- 17.66%
- ROCE %
- 23.28%
- 10.63%
- Debtor Days
- 80
- Inventory Days
- 0
- Payable Days
- 0
- 80
- Debt to Equity (x)
- 0.00x
- Interest Coverage (x)
- 20.75x
- 1.59x
- Revenue Growth %
- 9.66%
- Operating Profit Growth %
- 17.03%
- Net Profit Growth %
- 10.07%
- 9.98%
- P/E (x)
- 35.21x
- P/B (x)
- 6.32x
- Dividend Yield %
- 3.68%
- 20.48x
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
Annual Reports
Credit Ratings
Nothing filed yet.
Concalls
Jul 2026
Apr 2026
Jan 2026