Tech Mahindra Limited
Tech Mahindra Limited operates in Computers - Software & Consulting, part of the Information Technology sector. It booked ₹15,712 cr of revenue in its latest quarter (Q1 FY27) and kept 9.3% of sales as profit. It is the 5th largest of 9 Computers - Software & Consulting companies we track, by market value.
| Segment | FY20 | FY21 | FY22 | FY24 | FY25 | FY26 | Share |
|---|---|---|---|---|---|---|---|
| IT | 33,456 | 34,049 | 39,185 | 44,283 | 44,477 | 47,767 | 91% → 84% |
| BPS | — | — | — | — | — | 9,048 | 16% |
| BPO | 3,411 | 3,806 | 5,461 | 7,712 | 8,512 | — | — |
| Total | 36,868 | 37,855 | 44,646 | 51,996 | 52,988 | 56,815 |
From the company's consolidated segment filings (Ind AS 108). Margin is segment operating profit (before interest & tax) over segment revenue; reconciliation rows like inter-segment eliminations are excluded from the mix.
Healthier than 63% of companies in Information Technology, on all six measures of filed financials. Each measure is ranked against the 42–123 companies that reported it.
Measures financial condition, not whether to buy. Learn what this score means · How this is calculated
- RSI (14)
- 46
At close. Not part of the score.
How much profit it earns on the money it employs
How much it owes, and whether earnings cover the interest
Whether reported profit actually arrives as cash
Whether sales and profit have grown, and how steadily
What today's price implies, against our models or its peers
How much of the promoters' stake is pledged, and how much they hold
What if I invest in TECHM?
Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.
The slider starts at 6%, taken from this company's own free-cash-flow trend. That is history, not a forecast — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.
P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-09-17.
An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.
| Revenue from Operations | ₹15,712 cr |
| Other Income | ₹-106 cr |
| Total Income | ₹15,606 cr |
| Cost of Materials | ₹0 cr |
| Purchases of Stock-in-Trade | ₹0 cr |
| Employee Benefit Expense | ₹7,877 cr |
| Finance Costs | ₹111 cr |
| Depreciation & Amortisation | ₹479 cr |
| Other Expenses | ₹5,093 cr |
| Total Expenses | ₹13,559 cr |
| Profit before Tax | ₹2,046 cr |
| Tax Expense | ₹556 cr |
| Share of JV / Associates | ₹-4 cr |
| Net Profit | ₹1,486 cr |
| Net margin on total income | 9.5% |
| Metric | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|
| Revenue | 14,393 cr | 15,076 cr | 15,712 cr |
| Total income | 14,372 cr | 14,871 cr | 15,606 cr |
| Expenses | 12,595 cr | 13,081 cr | 13,559 cr |
| Profit before tax | 1,504 cr | 1,791 cr | 2,046 cr |
| Tax | 387 cr | 434 cr | 556 cr |
| Net profit (owners' share) | 199 cr | 1,354 cr | 1,465 cr |
| Net margin (owners' share, on revenue) | 1.4% | 9.0% | 9.3% |
| EPS (₹) | 12.66 | 15.27 | 16.53 |
| Company | Price | Market cap | P/E | ROE | Net margin | 1-yr return |
|---|---|---|---|---|---|---|
| Tata Consultancy Services Limited | ₹2,190 | ₹7.93 L cr | 14.8 | 49.8% | 18.5% | — |
| Infosys Limited | ₹1,059 | ₹4.29 L cr | 13.8 | 33.5% | 16.1% | — |
| HCL Technologies Limited | ₹1,258 | ₹3.42 L cr | 18.4 | 24.6% | 13.4% | — |
| Wipro Limited | ₹166 | ₹1.65 L cr | 13.0 | 15.2% | 13.7% | — |
| Tech Mahindra Limitedthis company | ₹1,561 | ₹1.38 L cr | 23.6 | 19.8% | 9.3% | — |
| LTM Limited | ₹4,265 | ₹1.26 L cr | 21.6 | 24.4% | 12.6% | — |
| Persistent Systems Limited | ₹5,473 | ₹86,337 cr | 44.3 | 24.7% | 11.2% | — |
| Coforge Limited | ₹1,793 | ₹79,340 cr | 36.3 | 21.7% | 9.4% | — |
| MphasiS Limited | ₹2,320 | ₹44,284 cr | 22.6 | 18.2% | 11.2% | — |
| Action | Detail | Ex-date |
|---|---|---|
| Dividend | ₹36 / share | 3 Jul 2026 |
| Dividend | ₹15 / share | 20 Oct 2025 |
| Dividend | ₹30 / share | 4 Jul 2025 |
| Dividend | ₹15 / share | 31 Oct 2024 |
| Dividend | ₹28 / share | 19 Jul 2024 |
| Dividend | ₹12 / share | 2 Nov 2023 |
A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.
Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.
Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.
The company also transacted with 8 other related parties — subsidiaries, joint ventures, directors and others — that we could not match by name to the promoter list above. Some may still be connected to the family; we only count the ones the filings let us match with certainty.
Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.