Tech Mahindra Ltd (TECHM)
₹1,790.80
Mkt cap
₹1.76L Cr
P/E ratio
30.70
P/B
5.91
Div yield
2.85%
ROE
17.50%
ROCE
23.10%
EPS (TTM)
₹58.33
Book value
₹303
52W range
1,304–1,854
Sector
Information Technology
Price history
Previous close
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]
NSE TECHMBSE 532755
Health check
Constructive
ValuationExpensive
ProfitabilityStrong
GrowthModerate
TechnicalsBullish
52-week range
−3.41% from high₹1,791
₹1,304+37.32% from low₹1,854
Current
₹1,790.80
Prev close
₹1,769.60
Day
+1.20%
Price performance
1D
+1.20%
1W
+0.04%
1M
+18.56%
3M
+7.30%
6M
+22.67%
1Y
+22.37%
YTD
+11.09%
Financials
Revenue, profit & margin
P/E ratio
30.7×
TECHM is 65% above the sector median of 18.6×
TECHM30.7×
Sector median18.6×
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 | Trend | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 12,864 | 13,101 | 12,871 | 13,006 | 13,313 | 13,286 | 13,384 | 13,351 | 13,995 | 14,393 | 15,076 | 15,712 | 16,180 | |
| Expenses | 11,950 | 11,955 | 11,772 | 11,441 | 11,563 | 11,477 | 11,545 | 11,416 | 11,830 | 12,028 | 12,511 | 12,974 | 13,302 | |
| Operating Profit | 914 | 1,146 | 1,099 | 1,564 | 1,750 | 1,809 | 1,839 | 1,935 | 2,165 | 2,366 | 2,565 | 2,738 | 2,878 | |
| OPM % | 7% | 9% | 9% | 12% | 13% | 14% | 14% | 14% | 15% | 16% | 17% | 17% | 18% | |
| Other Income | 264 | 92 | 380 | 147 | 522 | 23 | 173 | 219 | 40 | -293 | -205 | -106 | -7 | |
| Interest | 98 | 116 | 58 | 72 | 89 | 76 | 85 | 78 | 77 | 94 | 89 | 111 | 84 | |
| Depreciation | 466 | 443 | 461 | 462 | 470 | 459 | 462 | 458 | 469 | 474 | 481 | 479 | 491 | |
| Profit before tax | 615 | 679 | 959 | 1,178 | 1,714 | 1,297 | 1,464 | 1,618 | 1,659 | 1,505 | 1,791 | 2,042 | 2,296 | |
| Tax % | 18% | 23% | 31% | 27% | 27% | 24% | 22% | 30% | 28% | 26% | 24% | 27% | 30% | |
| Net Profit | 505 | 524 | 664 | 865 | 1,258 | 989 | 1,142 | 1,129 | 1,202 | 1,119 | 1,356 | 1,486 | 1,610 | |
| EPS in Rs | 5.06 | 5.23 | 6.77 | 8.71 | 12.78 | 10.05 | 11.92 | 11.65 | 12.19 | 11.45 | 13.82 | 14.95 | 16.18 | |
| Raw PDF |
Earnings
Results dates & reactionsNo upcoming results date on calendar.
Fresh quarters land in the Financials table above, tagged NSE until screener catches up.
Avg earnings-day move +0.56% · closed higher next day 35 of last 63
| Q3FY24 | Q4FY24 | Q1FY25 | Q2FY25 | Q3FY25 | Q4FY25 | Q1FY26 | Q2FY26 | Q3FY26 | Q4FY26 | Q1FY27 | Q2FY27 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Broadcast | 24 Jan '24◦ | 25 Apr '24◦ | 25 Jul '24◦ | 19 Oct '24◦ | 17 Jan '25◦ | 24 Apr '25◦ | 16 Jul '25◦ | 14 Oct '25◦ | 16 Jan '26◦ | 22 Apr '26 | 16 Jul '26◦ | 15 Oct '26◦ |
| Earnings day | −6.10% | +7.43% | +0.73% | +0.79% | +0.86% | +1.16% | −2.75% | −0.61% | +2.86% | −2.55% | +4.14% | +8.48% |
| +1 day | −6.65% | +8.23% | −0.30% | +0.51% | −1.19% | +1.13% | −3.67% | −0.29% | +0.48% | −5.28% | +4.38% | +7.82% |
| +5 days | −4.96% | +6.04% | −1.46% | +0.87% | −0.39% | +3.42% | −6.80% | −0.97% | +4.47% | −2.73% | +3.26% | +8.79% |
| +15 days | −7.49% | +9.69% | +4.23% | −0.05% | +1.92% | +10.56% | −7.83% | −4.78% | −1.55% | −10.49% | +8.26% | — |
| +30 days | −8.45% | +12.61% | +3.22% | +5.87% | −10.07% | +9.27% | −6.37% | +4.19% | −19.11% | −1.15% | +8.65% | — |
| Filing | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL |
Corporate actions
Last 6 months| Kind | Value | Ex-date | Record |
|---|---|---|---|
| dividend Interim Dividend - Rs 15 Per Share | 15.00 | 23 Oct '26 | 23 Oct '26 |
| dividend Dividend - Rs 36 Per Share | 36.00 | 3 Jul '26 | 3 Jul '26 |
Shareholding
as of Sep 202634.96%Promoter
Promoters34.96%
FIIs20.76%2.10
DIIs35.68%1.24
Public8.42%0.86
Government0.17%
Ownership trend
Peers
7 companiesValuation vs quality
P/E × ROCE · bubble = market cap| Name | CMP | P/E | Mkt Cap | Div Yld | NP Qtr | Qtr Profit Var | Sales Qtr | Qtr Sales Var | ROCE |
|---|---|---|---|---|---|---|---|---|---|
| TCS | ₹2,502.60 | 16.57 | 9,05,463 | 2.56% | 13,934 | +7.41% | 73,188 | +11.23% | 63.03% |
| Infosys | ₹1,185.00 | 15.20 | 4,80,908 | 4.05% | 7,838 | +6.23% | 49,244 | +10.69% | 39.95% |
| HCL Technologies | ₹1,428.10 | 20.37 | 3,87,539 | 3.78% | 5,132 | +21.18% | 35,620 | +11.51% | 30.40% |
| Wipro | ₹198.31 | 14.91 | 1,96,439 | 5.55% | 3,200 | −1.40% | 24,753 | +9.06% | 17.84% |
| Tech Mahindra | ₹1,790.80 | 30.73 | 1,75,535 | 2.85% | 1,610 | +32.74% | 16,180 | +15.61% | 23.12% |
| LTM | ₹4,233.50 | 22.40 | 1,25,583 | 1.77% | 1,380 | −0.23% | 11,808 | +13.60% | 29.60% |
| Persistent Systems | ₹6,048.00 | 53.63 | 1,00,296 | 0.66% | 352 | −25.44% | 4,664 | +30.25% | 34.36% |
| Median: 73 Co. | ₹199.69 | 18.59 | 784 | 0.36% | 11 | +6.29% | 95 | +14.30% | 22.12% |
Filings
Annual reports15
Concall transcripts50
TranscriptOct 2026PPTOct 2026RECOct 2026TranscriptJul 2026PPTJul 2026RECJul 2026TranscriptApr 2026PPTApr 2026PPTApr 2026TranscriptJan 2026PPTJan 2026RECJan 2026PPTNov 2025TranscriptOct 2025PPTOct 2025RECOct 2025TranscriptJul 2025PPTJul 2025RECJul 2025TranscriptApr 2025PPTApr 2025RECApr 2025TranscriptJan 2025PPTJan 2025
Credit ratings6
Announcements5
Announcement under Regulation 30 (LODR)-Newspaper Publication 23 Oct - Tech Mahindra Limited has informed about completion of dispatch of Notice of Postal Ballot dated 15 October 2026 and remote e-voting details.Shareholder Meeting / Postal Ballot-Notice of Postal Ballot 22 OctAnnouncement under Regulation 30 (LODR)-Earnings Call Transcript 21 Oct - Transcript of quarterly earnings conference call for quarter ended 30 September 2026.Announcement under Regulation 30 (LODR)-Newspaper Publication 16 OctTech Mahindra Limited Has informed About Newspaper Advertisement Published Regarding The Notice Of Loss Of Share Certificates 16 Oct - Newspaper advertisement published for notice of loss of share certificates.