Tech Mahindra Ltd

Tech Mahindra has allotted 2,91,337 equity shares under ESOP on 04 September 2025. With this allotment, the paid up equity share capital has increased to 97,95,62,303 equity shares of face value of Rs 5 each. Powered by Capital Market - Live

Tech Mahindra announced that its step-down subsidiary, Pininfarina S.p.A. has acquired additional stake in Signature S.r.l, an associate company of Pininfarina, thereby increasing its shareholding in Signature from 24% to 84% of its equity share capital. Consequent to the aforesaid Transaction, Signature has become a subsidiary of Pininfarina and a step-down subsidiary of the Company. The acquisition of Signature is aimed at strengthening the presence of Pininfarina in the consumer channel, while further enhancing the Pininfarina brand.Powered by Capital Market - Live

Tech Mahindra has issued a Guarantee on behalf of Pininfarina S.p.A., Italy, a step-down subsidiary of the Company on 5 August 2025. The Company has issued Guarantee on behalf of Pininfarina to Rolls-Royce Motor Cars (Rolls Royce) towards a Supply Agreement entered into between Rolls Royce and Pininfarina for a sum not exceeding Euro 67.67 million.Powered by Capital Market - Live

Tech Mahindra announced that ESG Risk Assessments and Insights, a SEBI registered Category I Subscriber-Pays ESG Rating Provider (ESGRisk.ai), has independently assigned 'ESG rating 74' to the Company.Powered by Capital Market - Live

Tech Mahindra Ltd is down for a fifth straight session today. The stock is quoting at Rs 1444.2, down 0.44% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is up around 0.21% on the day, quoting at 24733.65. The Sensex is at 81039.68, up 0.18%.Tech Mahindra Ltd has lost around 14.39% in last one month.Meanwhile, Nifty IT index of which Tech Mahindra Ltd is a constituent, has eased around 9.58% in last one month and is currently quoting at 35370.05, down 0.43% on the day. The volume in the stock stood at 7.42 lakh shares today, compared to the daily average of 21.07 lakh shares in last one month. The benchmark July futures contract for the stock is quoting at Rs 1444.8, down 0.41% on the day. Tech Mahindra Ltd tumbled 6.1% in last one year as compared to a 0.5% slide in NIFTY and a 13.63% fall in the Nifty IT index.The PE of the stock is 35.28 based on TTM earnings ending June 25.Powered by Capital Market - Live

The key equity benchmarks pared early gains and traded with minor losses in morning trade. Investors are monitoring the tariff development, and ongoing corporate earnings. Nifty traded below the 25,200 level. Trading could be volatile due to expiry of weekly index options on the NSE. IT shares declined after advancing in the past two trading sessions. At 10:25 IST, the barometer index, the S&P BSE Sensex declined 180.94 points or 0.22% to 82,453.54. The Nifty 50 index fell 49 points or 0.20% to 25,163.30. In the broader market, the S&P BSE Mid-Cap index rose 0.19% and the S&P BSE Small-Cap index added 0.48%. The market breadth was strong. On the BSE, 2,147 shares rose and 1,409 shares fell. A total of 224 shares were unchanged. New Listing: Shares of Smartworks Coworking Spaces were currently trading at Rs 461.50 at 10:35 IST on the BSE, representing a premium of 13.39% compared with the issue price of Rs 407. The scrip was listed at Rs 436.10, exhibiting a premium of 7.15% to the issue price. So far, the stock has hit a high of 1,128.90 and a low of 1,086. On the BSE, over 2.34 lakh shares of the company were traded in the counter so far. Results Today: Wipro (down 0.49%), Axis Bank (down 0.28%), 360 One WAM (up 0.57%), CEAT (up 0.18%), HDFC AMC (up 0.22%), Heritage Foods (up 0.48%), Indian Hotels Company (up 0.83%), Jio Financial Services(down 0.20%), LTIMindtree (down 1.82%), Newgen Software Technologies (up 0.11%), Nuvoco Vistas Corporation (up 0.62%), Polycab India (down 0.44%), Route Mobile (down 0.06%), Shoppers Stop (up 0.18%), South Indian Bank (down 0.16%), Sunteck Realty (up 0.14%), Sterling and Wilson Renewable Energy (up 1.85%), Tata Communications(up 0.68%), Waaree Renewable Technologies(up 1.29%) will declare their results later today. Buzzing Index: The Nifty IT index declined 0.59% to 37,438.55. The index jumped 1.04% in the past two trading sessions. LTIMindtree (down 1.91%), Tech Mahindra (down 1.77%), Persistent Systems (down 0.95%), Wipro (down 0.91%), Infosys (down 0.75%) Coforge (down 0.7%), Mphasis (down 0.59%), HCL Technologies (down 0.25%) declined. Stock in Spotlight: Tech Mahindra declined 1.75% after the company reported a 2.24% decline in consolidated net profit to Rs 1,140.6 crore on a 0.25% fall in revenue from operations to Rs 13,351.2 crore in Q1 FY26 over Q4 FY25.Powered by Capital Market - Live

On a Year on year (YoY) basis, the company's net profit jumped 33.95% while revenue from operations increased 2.66% in Q1 FY26. Profit before tax (PBT) stood at Rs 1,618.1 crore in Q1 FY26, up 10.51% QoQ and 35.35% YoY. EBITDA stood at Rs 1,935.2 crore in the quarter ended 30th June 2025, up 3.63% QoQ and up 23.69% YoY. In terms of dollars (USD), revenue stood at $1,564 million in Q1 FY26, registering growth of 1% QoQ and up 0.4% YoY. In constant currency terms, revenue declined by 1.4% QoQ and down 1% YoY. Profit after tax was at $133 million, down 2% QoQ and up 30.2% YoY. Free cash flow was at $86 million in the Q1 June 2025. During the quarter, EBIT was at $172 million, up 5.4% QoQ and up 30.2% YoY. EBIT margin came in at 11.1% in Q1 FY26, up 50 bps QoQ and 260 bps YoY. The IT firm secured net new deals with a total contract value (TCV) of $809 million in the Q1 June 2025. The total headcount stood at 148,517 in Q1 FY26, The last twelve months (LTM) IT attrition rate stood at 12.6% in Q1 FY26 as against 11.8% in Q4 FY25. Cash and cash equivalents were at Rs 8,072 crore as of 30 June 2025. Mohit Joshi, CEO and managing director, Tech Mahindra, said, 'Our performance is steadily strengthening, reflecting disciplined execution and a focused strategy. Deal wins have increased by 44% on a last twelve months (LTM) basis, supported by broad-based momentum across verticals and geographies.' Rohit Anand, chief financial officer, Tech Mahindra, said, 'We have delivered seven consecutive quarters of margin expansion - a clear reflection of the discipline and focus across our organization. Even in an uncertain environment, our Project Fortius program continues to generate meaningful results and drive operational improvements.' Tech Mahindra offers technology consulting and digital solutions to global enterprises across industries, driving transformation at scale and speed. It provides a full spectrum of services including consulting, information technology, enterprise applications, business process services, engineering services, network services, customer experience & design, AI & analytics, and cloud & infrastructure services.Powered by Capital Market - Live

Net profit of Tech Mahindra rose 33.95% to Rs 1140.60 crore in the quarter ended June 2025 as against Rs 851.50 crore during the previous quarter ended June 2024. Sales rose 2.66% to Rs 13351.20 crore in the quarter ended June 2025 as against Rs 13005.50 crore during the previous quarter ended June 2024. ParticularsQuarter EndedJun. 2025Jun. 2024% Var. Sales13351.2013005.50 3 OPM %14.4912.03 - PBDT2076.201640.30 27 PBT1618.101178.10 37 NP1140.60851.50 34 Powered by Capital Market - Live

On a Year on year (YoY) basis, the company's net profit jumped 33.95% while revenue from operations increased 2.66% in Q1 FY26. Profit before tax (PBT) stood at Rs 1,618.1 crore, up 10.51% QoQ and 35.35% YoY. EBITDA stood at Rs 1,935.2 crore in the quarter ended 30th June 2025, up 3.63% QoQ and up 23.69% YoY. In terms of dollars (USD), revenue stood at $1,564 million in Q1 FY26, registering growth of 1% QoQ and up 0.4% YoY. In constant currency terms, revenue declined by 1.4% QoQ and down 1% YoY. Profit after tax was at $133 million, down 2% QoQ and up 30.2% YoY. Free cash flow was at $86 million in the Q1 June 2025. During the quarter, EBIT was at $172 million, up 5.4% QoQ and up 30.2% YoY. EBIT margin came in at 11.1% in Q1 FY26, up 50 bps QoQ and 260 bps YoY. The IT firm secured net new deals with a total contract value (TCV) of $809 million in the Q1 June 2025. The total headcount stood at 148,517 in Q1 FY26, The last twelve months (LTM) IT attrition rate stood at 12.6% in Q1 FY26 as against 11.8% in Q4 FY25. Cash and cash equivalents were at Rs 8,072 crore as of 30 June 2025. Mohit Joshi, CEO and managing director, Tech Mahindra, said, 'Our performance is steadily strengthening, reflecting disciplined execution and a focused strategy. Deal wins have increased by 44% on a last twelve months (LTM) basis, supported by broad-based momentum across verticals and geographies.' Rohit Anand, chief financial officer, Tech Mahindra, said, 'We have delivered seven consecutive quarters of margin expansion - a clear reflection of the discipline and focus across our organization. Even in an uncertain environment, our Project Fortius program continues to generate meaningful results and drive operational improvements.' Tech Mahindra offers technology consulting and digital solutions to global enterprises across industries, driving transformation at scale and speed. It provides a full spectrum of services including consulting, information technology, enterprise applications, business process services, engineering services, network services, customer experience & design, AI & analytics, and cloud & infrastructure services. The counter advanced 1.94% to end at Rs 1,609 on the BSE.Powered by Capital Market - Live

Tech Mahindra will hold a meeting of the Board of Directors of the Company on 16 July 2025.Powered by Capital Market - Live