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Tech Mahindra Ltd. (Industry - IT - Software)

1,642.85 -1.35 (-0.08%)

Market Cap
₹ 1,60,957.08 Cr.
P/E Ratio
35.07
Current Price
₹ 1,642.85
Open
₹ 1,641.75
High
₹ 1,656
Prev Close
₹ 1,644.2
Quantity Traded
7,585
52 High
₹ 1,767.8
52 Low
₹ 1,272.2
Dividend Yield
2.74%
EBITDA Margin
15.70%
ROE
16.92%
Book Value
₹ 230.49
Face Value
₹ 5

Shareholding

Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Promoters34.9834.9835.0035.0135.01
Mutual Funds UTI37.9534.8032.3032.2830.82
FII/Banks17.9420.6023.2822.9524.19
Others9.139.629.429.769.98

Quarterly Results

(All figures In ₹ Cr.)Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Trend 2024-25
Sales10,41110,629.610,938.611,176.211,583.611,594.612,067.612,308.3
Other Income272.7123.4921.4174.7163.2394.3246.4135.1
Operating Profit970.91,075.21,908.51,3521,194.61,8111,803.11,797
Interest59.150.665.159.861.258.856.672.5
Depreciation204.4202.3203.1217215.9211.1213.1218.6
Taxation180197.5346.5216.9207.1362.7357.7296.9
Net Profit / Loss527.4624.81,293.8858.3710.41,178.41,175.7963.8

Annual Results

(All figures In ₹ Cr.)Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Trend 2021-25
Sales29,640.935,761.142,657.342,699.944,617.2
Other Income921.81,607.71,128.31,0691,365.9
Operating Profit6,252.17,238.35,897.83,6465,591
Interest63.268.9180.8251.3238.6
Depreciation662.3740.3812.9850855.2
Taxation1,287.51,405.81,126.6481991.1
Net Profit / Loss4,239.15,023.33,777.52,063.73,506.1

Cash Flow

(All figures In ₹ Cr.)Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Trend 2021-25
Cash from Operating Activity6,851.93,212.84,102.15,122.64,293.1
Cash from Investing Activity-5,620.81,554.9676.8-37.2504.3
Cash from Financing Activity-2,066.1-4,607.3-4,991.5-4,747.1-4,659.2
Net Cash Flow-835160.4-212.6338.3138.2

Balance Sheet

Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Trend 2021-25
Share Capital484.1485.9487.1488.4489.5
Reserve24,074.325,320.524,334.222,309.821,714.9
Borrowings------
Other Liabilities2,7193,194.93,380.53,604.13,707.3
Total Liabilities27,413.428,83927,670.125,789.425,677.2
Fixed Assets2,958.63,549.93,566.63,587.33,843.8
CWIP111.4136.147.694.317.8
Investments18,844.217,524.917,064.215,81916,266.3
Other Assets1,693.92,180.42,019.71,938.12,753.5
Total Assets27,413.428,83927,670.125,789.425,677.2

Financial Ratios

Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Trend 2018-25
NetNPA---------
Total_CAR---------
Cost_IncRatio---------
NIM---------
Price_Book3.273.772.53.915.654.325.366.25
ROA15.8915.4515.1113.4914.7210.665.9210.1

Peer Companies

Company
Market Cap (₹Cr.)
CMP (₹)
% Change
52 Week H/L
Book Value (₹)
PE (x)
1,61,089.35
1,642.85
(-0.08%)
1,767.8 / 1,272.2
230.49
34.57
10,79,727.72
2,973.35
(-0.37%)
4,035.5 / 2,889
261.01
22.23
6,07,674.12
1,488.55
(-0.68%)
1,879.2 / 1,397.8
202.04
21.68
4,26,669.56
1,562.7
(-0.61%)
1,739.75 / 1,375.3
125.87
26.39
2,42,948.3
230.85
(-0.35%)
318.9 / 230.1
64.15
18.17
1,67,844.87
5,627
(-0.60%)
6,405.25 / 4,065.55
788.99
35.31
92,658.41
5,743.55
(-2.22%)
6,562.9 / 4,402.8
444.38
53.53
63,784.17
7,289
(-0.56%)
9,725.75 / 7,260.85
802
25.91
52,044.61
1,535.15
(-0.95%)
1,977.1 / 1,262.81
181.49
39.60
49,883.49
2,590
(-1.00%)
3,002.95 / 2,102.65
324.38
27.64

Broker Report

Tips
(Reco Date)
Reco Price
Target Price
CMP
(Returns)
Broker / Analyst
Investment Logic
BUY
(19 Jan 2026)
1,728
2,000
1,642.85
(-4.93%)
ICICI Securities
NA
(19 Jan 2026)
1,718
1,805
1,642.85
(NA%)
Drchoksey Finserv Private Limited
NA
(18 Jan 2026)
1,671
1,840
1,642.85
(NA%)
Elara Securities (India) Private Limited
BUY
(17 Jan 2026)
1,671
2,350
1,642.85
(-1.68%)
Motilal Oswal Financial Services Ltd. (MOFSL)
BUY
(15 Oct 2025)
1,468
1,730
1,642.85
(11.91%)
Choice Broking
BUY
(15 Oct 2025)
1,468
1,754
1,642.85
(11.91%)
Drchoksey Finserv Private Limited
HOLD
(15 Oct 2025)
1,468
1,500
1,642.85
(11.91%)
Prabhudas Lilladher
HOLD
(15 Oct 2025)
1,468
1,500
1,642.85
(11.91%)
Prabhudas Lilladher
BUY
(15 Oct 2025)
1,460
1,680
1,642.85
(12.52%)
ICICI Securities
BUY
(28 Jul 2025)
1,460
1,750
1,642.85
(12.52%)
ICICI Securities

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