Tech Mahindra Ltd
TECHMTech Mahindra Ltd
TECHM![](https://assets.tickertape.in/sector-icons/information_technology.png)
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Price Chart
Scorecard
Performance
LowHasn't fared well - amongst the low performers
Valuation
HighSeems to be overvalued vs the market average
Growth
LowLagging behind the market in financials growth
Profitability
HighShowing good signs of profitability & efficiency
Entry point
AvgThe stock is overpriced but is not in the overbought zone
Red flags
LowNo red flag found
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Key Metrics
No LabelNo Label | PB RatioPB Ratio | Dividend YieldDiv. Yield |
---|---|---|
59.46 | 5.51 | 2.36% |
Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
---|---|---|
34.39 | 9.25 | 1.69% |
Forecast & Ratings
Detailed Forecast from 34 analysts
Price
Price Upside
Earnings
Earnings Growth
Revenue
Rev. Growth
Company Profile
Tech Mahindra Limited is engaged in the business of computer programming, consultancy and related services. It's segments include Information Technology (IT) Services and Business Processing Outsourcing (BPO).
Peers
Compare with peersTata Consultancy Services Ltd
Infosys Ltd
HCL Technologies Ltd
Wipro Ltd
LTIMindtree Ltd
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Forecasts
Price
Revenue
Earnings
Price Forecast
All values in ₹
All values in ₹
Revenue Forecast
All values in ₹ Thousand cr.
All values in ₹ Thousand cr.
Earnings Per Share Forecast
All values in ₹
All values in ₹
Income
Balance Sheet
Cash Flow
Income Statement
Financial Year | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | TTM | ||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Total Revenue | 26,936.20 | 29,916.10 | 32,189.50 | 35,276.30 | 38,060.10 | 38,643.40 | 45,761.10 | 54,255.20 | 52,922.90 | 52,725.70 | ||||||||||
Raw Materials | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 47,117.70 | ||||||||||
Power & Fuel Cost | 168.80 | 187.90 | 194.70 | 199.20 | 205.30 | 140.40 | 139.90 | 175.30 | 194.70 | |||||||||||
Employee Cost | 13,947.50 | 15,453.90 | 16,624.00 | 17,507.90 | 18,810.00 | 19,297.30 | 22,285.90 | 27,691.80 | 29,128.30 | |||||||||||
Selling & Administrative Expenses | 2,795.50 | 3,053.20 | 3,008.10 | 3,422.10 | 3,400.10 | 2,152.10 | 2,592.20 | 3,011.10 | 3,284.10 | |||||||||||
Operating & Other expenses | 5,311.80 | 6,261.40 | 6,236.50 | 7,341.50 | 8,949.20 | 9,469.00 | 11,608.00 | 14,649.20 | 14,882.10 | |||||||||||
EBITDA | 4,712.60 | 4,959.70 | 6,126.20 | 6,805.60 | 6,695.50 | 7,584.60 | 9,135.10 | 8,727.80 | 5,433.70 | 5,608.00 | ||||||||||
Depreciation/Amortization | 758.90 | 978.10 | 1,085.00 | 1,129.20 | 1,445.80 | 1,457.70 | 1,520.40 | 1,956.70 | 1,817.10 | 1,832.70 | ||||||||||
PBIT | 3,953.70 | 3,981.60 | 5,041.20 | 5,676.40 | 5,249.70 | 6,126.90 | 7,614.70 | 6,771.10 | 3,616.60 | 3,775.30 | ||||||||||
Interest & Other Items | 97.00 | 128.60 | 162.40 | 133.20 | 191.90 | 174.00 | 162.60 | 325.60 | 392.20 | 344.00 | ||||||||||
PBT | 3,856.70 | 3,853.00 | 4,878.80 | 5,543.20 | 5,057.80 | 5,952.90 | 7,452.10 | 6,445.50 | 3,224.40 | 3,431.30 | ||||||||||
Taxes & Other Items | 863.80 | 1,040.10 | 1,079.00 | 1,245.60 | 1,024.80 | 1,524.90 | 1,886.00 | 1,614.20 | 866.60 | 914.50 | ||||||||||
Net Income | 2,992.90 | 2,812.90 | 3,799.80 | 4,297.60 | 4,033.00 | 4,428.00 | 5,566.10 | 4,831.30 | 2,357.80 | 2,516.80 | ||||||||||
EPS | 31.04 | 30.49 | 43.16 | 48.54 | 45.86 | 50.74 | 63.56 | 54.98 | 26.76 | 28.52 | ||||||||||
DPS | 12.00 | 9.00 | 14.00 | 14.00 | 15.00 | 45.00 | 30.00 | 50.00 | 40.00 | 44.00 | ||||||||||
Payout ratio | 0.39 | 0.30 | 0.32 | 0.29 | 0.33 | 0.89 | 0.47 | 0.91 | 1.49 | 1.54 |
Company Updates
Annual report
PDFAnnual report
PDFAnnual report
PDFAnnual report
PDFAnnual report
PDFPeers & Comparison
Information TechnologyIT Services & Consulting
Valuation
Technical
Forecast
Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
---|---|---|---|
Tech Mahindra Ltd | 63.47 | 5.51 | 2.36% |
Tata Consultancy Services Ltd | 34.07 | 17.13 | 1.69% |
Infosys Ltd | 28.81 | 8.54 | 2.52% |
HCL Technologies Ltd | 27.36 | 6.29 | 3.28% |
Price Comparison
Compare TECHM with any stock or ETFShareholdings
Promoter Holdings Trend
Total Promoter Holding
In last 6 months, promoter holding in the company has almost stayed constant
Low Pledged Promoter Holding
Pledged promoter holdings is insignificant
Institutional Holdings Trend
Total Retail Holding
In last 3 months, retail holding in the company has almost stayed constant
Foreign Institutional Holding
In last 3 months, foreign institutional holding of the company has almost stayed constant
Shareholding Pattern
Sep 2023
Dec 2023
Mar 2024
Jun 2024
Shareholding History
Mutual Funds Holding Trend
Increased Mutual Fund Holding
In last 3 months, mutual fund holding of the company has increased by 1.27%
Top 5 Mutual Funds holding Tech Mahindra Ltd
Funds (Top 5) | The rupee value of the stock held by the fund divided by the stock’s market cap Market-cap held | Percentage of the fund’s portfolio invested in the stock Weight | Change in the portfolio weight of the stock over the last 3 months 3M holding change | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months Portfolio rank(3M change) |
---|---|---|---|---|
Tata Digital India Fund Direct Plan Growth Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.6173% | Percentage of the fund’s portfolio invested in the stock 10.02% | Change in the portfolio weight of the stock over the last 3 months 0.96% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 3/36 (0) |
HDFC Flexi Cap Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.5352% | Percentage of the fund’s portfolio invested in the stock 1.35% | Change in the portfolio weight of the stock over the last 3 months 0.13% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 25/55 (+2) |
ICICI Prudential Bluechip Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.4785% | Percentage of the fund’s portfolio invested in the stock 1.29% | Change in the portfolio weight of the stock over the last 3 months -0.07% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 17/80 (0) |
Compare 3-month MF holding change on Screener
smallcases
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Events
Dividend Trend
No Trend In Dividends
TECHM has shown inconsistent dividend trend over the last 5 years
Dividend Yield
Current dividend yield is 2.36%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹23.59 every year
Dividends
Corp. Actions
Announcements
Legal Orders
Upcoming Dividends
No upcoming dividends are available
Past Dividends
Cash Dividend
Ex DateEx DateJul 19, 2024
Dividend/Share
₹28.00
Ex DateEx Date
Jul 19, 2024
Cash Dividend
Ex DateEx DateNov 2, 2023
Dividend/Share
₹12.00
Ex DateEx Date
Nov 2, 2023
Cash Dividend
Ex DateEx DateJul 21, 2023
Dividend/Share
₹32.00
Ex DateEx Date
Jul 21, 2023
Cash Dividend
Ex DateEx DateNov 9, 2022
Dividend/Share
₹18.00
Ex DateEx Date
Nov 9, 2022
Cash Dividend
Ex DateEx DateJul 21, 2022
Dividend/Share
₹15.00
Ex DateEx Date
Jul 21, 2022
Tech Mahindra consolidated net profit rises 22.96% in the June 2024 quarter
![](https://pocket-image-cache.com/direct?url=http://www.business-standard.com/assets/web-assets/images/Business_Standard_685x385.jpg)
Net profit of Tech Mahindra rose 22.96% to Rs 851.50 crore in the quarter ended June 2024 as against Rs 692.50 crore during the previous quarter ended June 2023. Sales declined 1.17% to Rs 13005.50 crore in the quarter ended June 2024 as against Rs 13159.00 crore during the previous quarter ended June 2023. ParticularsQuarter EndedJun. 2024Jun. 2023% Var. Sales13005.5013159.00 -1 OPM %12.0310.17 - PBDT1640.301417.80 16 PBT1178.10971.20 21 NP851.50692.50 23 Powered by Capital Market - Live
Stocks in news: Sanstar, Mankind, SJVN, Go Digit, UBL, DLF, TechM, Sobha and Jupiter Wagons
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Stock Market Live Updates July 26, 2024: Sensex, Nifty trade firm on strong Q1 results; metal, IT stocks lead gains
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Tech Mahindra announced that Nitesh Aggarwal, Chief Strategy Officer has been designated as Senior Management Personnel of the Company with effect from 26 July 2024. Powered by Capital Market - Live
The frontline indices continued to extend gains in the afternoon trade. The Nifty marched above the 24,750 mark. All the sectoral indices on NSE were in the green with metal, IT and healthcare shares gaining the most. At 13:30 IST, the barometer index, the S&P BSE Sensex jumped 1,158.60 points or 1.44% to 81,196.21. The Nifty 50 index surged 380.30 points or 1.56% to 24,786.40. In the broader market, the S&P BSE Mid-Cap index gained 1.92% and the S&P BSE Small-Cap index rose 1.09%. The market breadth was strong. On the BSE, 2,732 shares rose and 1,109 shares fell. A total of 128 shares were unchanged. Gainers & Losers: Divi's Laboratories (up 4.71%), Apollo Hospitals Enterprise (up 4.23%), SBI Life Insurance (up 4.11%), Adani Enterprises (up 3.85%) and Bharti Airtel (up 3.84%) were major Nifty gainers. Oil & Natural Gas Corporation (down 1.43%), Nestle India (down 0.95%), Dr. Reddy's Laboratories (down 0.22%), HDFC Bank (down 0.20%) and Axis Bank (down 0.12%) and were major Nifty losers. Stocks in Spotlight: Tech Mahindra rose 0.07%. The IT major's consolidated net profit jumped 28.82% to Rs 851.5 crore on 1.04% rise in revenue from operations to Rs 13,005.5 crore in Q1 FY25 over in Q1 FY24. On a year on year (YoY) basis, Tech Mahindra's net profit grew 22.96% while revenue fell 1.17% in first quarter of FY25. Cyient dropped 5.67% after the IT major reported 23.94% fall in consolidated net profit to Rs 143.9 crore on 9.94% decline in revenue from operations to Rs 1,675.7 crore in Q1 FY25 over Q4 FY24. DLF advanced 2.63% after the realty major's consolidated net profit increased 22.51% to Rs 645.61 crore in Q1 FY25 as compared with Rs 527 crore recorded in Q1 FY24. Revenue from operations fell 4.28% year on year (YoY) to Rs 1,362.35 crore in the quarter ended 30 June 2024. VST Industries rallied 3.03% after the company said that its board has recommended issue of bonus shares in the ratio of 10:1, i.e. ten new bonus equity shares of Rs 10 each for every one existing fully paid equity share of Rs 10 each. SJVN zoomed 7.80% after the company received a letter of intent (LOI) for allotment of Darzo Lui Pumped Storage Project from the Government of Mizoram. Global Markets: European shares advanced while most Asian stocks traded higher on Friday as investors digested Tokyo's latest inflation data and awaited key U.S. economic figures. Japan's headline inflation eased slightly to 2.2% in July, while core inflation held steady at 2.2%. The market's focus now shifts to the U.S., where the release of the personal consumption expenditure (PCE) index ' the Federal Reserve's preferred inflation gauge ' is expected to influence interest rate expectations. Meanwhile, U.S. stocks experienced a rotation away from technology shares on Thursday, with the Nasdaq Composite and S&P 500 declining. The Dow Jones Industrial Average bucked the trend with a modest gain. This shift is a common occurrence during bull markets as market leadership evolves. Powered by Capital Market - Live
Tech Mahindra Q1 Results Review - Light At The End Of The Tunnel: Motilal Oswal
![](https://pocket-image-cache.com/direct?url=http://media.assettype.com/bloombergquint%2F2023-04%2Fba1d11c9-b743-4c1b-88fa-74abb3966f28%2FTech_Mahindra.jpg?rect=0%2C0%2C1600%2C840&w=1200&auto=format%2Ccompress&ogImage=true)
Tech Mahindra shares tank nearly 6% after announcement of earnings
Brokerage Views: Citi, Nuvama On Tech Mahindra, Nomura On Axis Bank And More
![](https://pocket-image-cache.com/direct?url=http://media.assettype.com/bloombergquint%2F2024-07%2F4e1b19b4-1c57-42bc-8e97-877902f4cd8b%2FBrokerage_views_stocks_and_shares_trading.jpg?rect=0%2C22%2C3871%2C2032&w=1200&auto=format%2Ccompress&ogImage=true)
Sensex breaks 5-day losing streak, surges over 600 pts; Nifty above 22,600
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Lower than Industry Revenue Growth
Over the last 5 years, revenue has grown at a yearly rate of 8.45%, vs industry avg of 11.53%
Decreasing Market Share
Over the last 5 years, market share decreased from 7.46% to 6.76%
Lower than Industry Net Income
Over the last 5 years, net income has grown at a yearly rate of -11.31%, vs industry avg of 8.37%