Tech Mahindra Q4 Results: PAT Rises 16% YoY to Rs 1,354 Crore; Margins Expand, Rs 51 Per Share Dividend Declared

DSIJ Intelligence/ 22 Apr 2026 /Categories: Mindshare, Trending

Tech Mahindra Q4 Results: PAT Rises 16% YoY to Rs 1,354 Crore; Margins Expand, Rs 51 Per Share Dividend Declared

Revenue grows 12.6 per cent YoY in Q4; FY26 PAT up 13.2 per cent to Rs 4,811 crore, EBIT surges 39.2 per cent while stock declines over 2 per cent despite strong performance

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On Tuesday, Indian markets closed on a negative note, with the Nifty 50 hovering near the 24,500 mark. Amid this, IT stock Tech Mahindra share price closed at Rs 1,461.90, down 2.59 per cent from the previous close of Rs 1,500, witnessing a decline during the session.

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Tech Mahindra Q4FY26 Results: QoQ and YoY Performance

On a QoQ basis, revenue from operations increased to Rs 15,076 crore in Q4FY26 from Rs 14,398 crore in Q3FY26, reflecting a growth of around 4.7 per cent. EBIT stood at Rs 2,084 crore, up 10.2 per cent QoQ, while EBIT margin improved to 13.8 per cent.

On a YoY basis, revenue grew by 12.6 per cent to Rs 15,076 crore from Rs 13,384 crore in Q4FY25. Profit after Tax (PAT) stood at Rs 1,354 crore, up 16.0 per cent YoY

Tech Mahindra FY26 Annual Performance

For the full financial year FY26, revenue from operations stood at Rs 56,815 crore, compared to Rs 52,988 crore in FY25, marking a growth of 7.2 per cent YoY.

EBIT increased significantly by 39.2 per cent YoY to Rs 7,152 crore, while profit after tax (PAT) rose by 13.2 per cent YoY to Rs 4,811 crore. EBITDA for the year stood at Rs 9,034 crore, compared to Rs 6,991 crore in the previous fiscal, indicating strong improvement in operating performance.

Operational Performance and Deal Wins

The company reported strong deal wins during the year, with total deal value reaching USD 3,794 million in FY26, up 41.6 per cent YoY. In Q4FY26 alone, deal wins stood at USD 1,073 million, registering a growth of 34.5 per cent YoY.

Key deal wins were driven by large transformation contracts across sectors including telecom, automotive, BFSI, energy, healthcare, and technology.

Tech Mahindra AI Strategy and Partnerships

Tech Mahindra continued to strengthen its AI-led strategy during the year. The company introduced a large language model (LLM) focused on the Hindi language with 8 billion parameters.

It also expanded partnerships with global technology players including Microsoft, NVIDIA, Fortinet, FICO, SCSK Asia Pacific, and Rubrik, focusing on AI, cybersecurity, cloud, and analytics capabilities.

Tech Mahindra Operational Metrics

The company’s total headcount stood at 147,623, reflecting a decline of 1,108 employees on a YoY basis. IT attrition remained stable at 12.1 per cent. Days Sales Outstanding (DSO) stood at 89 days, while cash and cash equivalents were reported at Rs 8,456 crore.

Dividend Announcement

The company declared a final dividend of Rs 36 per equity share, taking the total dividend for FY26 to Rs 51 per share, marking its highest-ever dividend payout.

About Tech Mahindra

Tech Mahindra Ltd is a leading global IT services and consulting company, providing services across digital transformation, cloud, AI, cybersecurity, and enterprise solutions. The company serves clients across industries, including telecom, BFSI, manufacturing, healthcare, and technology.

With a strong focus on next-generation technologies and large deal wins, Tech Mahindra continues to strengthen its position in the global IT services market.