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Tech Mahindra Limited share price

Tech Mahindra Limited provides information technology services and solutions in India, the Americas, Europe, and internationally. The company offers TechM AppGinieZ, a software development lifecycle acceleration platform; Swifter.io, a software engineering platform; ADMSNXT Reforge, an application modernization platform; Autonomous Operations Center, an AI-powered operations platform; and New Age Delivery Platform for DevSecOps and engineering. It also provides LitmusT, a quality engineering and intelligent testing platform; TechM Orion, an agentic AI platform; Ops amplifAler 4.0 for IT operations; Email amplifAler for visualization and automation; SDLC amplifAler solutions; Zone insights s…Read more
Information TechnologyInformation Technology ServicesNifty 50Nifty 100Nifty 500Nifty ITNSE: TECHMISIN INE669C01036
16 Oct 2026, 3:28 PM IST₹1,790.00▲ 140.00 (8.48%)
  • Market Cap₹ 1,58,580 Cr.
  • Current Price₹ 1,790.00
  • High / Low₹ 1,854 / 1,304
  • Stock P/E28.8
  • Book Value₹ 335
  • Dividend Yield3.09 %
  • ROCE19.8 %
  • ROE16.90 %
  • Face Value₹ 5.0
More figures (10)
  • EPS (TTM)₹ 62.22
  • Price / Book5.34
  • OPM13.0 %
  • Debt / Equity0.07
  • Sales growth (5Y)8.5 %
  • Profit growth (5Y)2.0 %
  • Promoter holding37.1 %
  • EV / EBITDA15.4
  • Beta0.15
  • All-time high₹ 1,854

Price chart

Returns1M3M6MYTD1Y3Y CAGR5Y CAGR
TECHM+14.89%+18.52%+20.05%+12.51%+22.28%+14.74%+3.89%
Nifty 50-0.31%-3.85%-4.34%-11.42%-9.53%+5.46%+4.76%

Price returns only (dividends not included). Prices from NSE via Yahoo Finance; may be delayed.

Quick take

  • Tech Mahindra Limited is in the Information Technology Services industry (Technology), with a market value of ₹1,58,580 crore.
  • It trades at 28.8 times its last 12 months' earnings and 5.3 times book value.
  • Revenue grew 8.5% a year over the last 5 years, profit 2.0% a year.
  • Return on equity was 16.9% and return on capital employed 19.8% in the latest year.
  • Debt was 0.07 times shareholders' equity.
  • The share price is 3.5% below its 52-week high and up 22.3% over one year.
  • Promoters and insiders hold about 37.1%; institutions about 44.2%.

Pros

  • Company is almost debt-free (debt is 0.07 times equity).
  • Latest quarter (Sep 2026): sales up 16% and profit up 34% from a year ago.
  • Pays a healthy dividend: about 84% of profit last year.

Cons

  • Profit growth has been weak: 2.0% a year over the last 5 years.

Pros and cons are generated automatically from the reported figures. They are observations, not a recommendation to buy or sell.

AI analysis

Plenitude AI reads the figures on this page and explains them in plain language. It does not say whether to buy or sell.

About Tech Mahindra Limited

Tech Mahindra Limited provides information technology services and solutions in India, the Americas, Europe, and internationally. The company offers TechM AppGinieZ, a software development lifecycle acceleration platform; Swifter.io, a software engineering platform; ADMSNXT Reforge, an application modernization platform; Autonomous Operations Center, an AI-powered operations platform; and New Age Delivery Platform for DevSecOps and engineering. It also provides LitmusT, a quality engineering and intelligent testing platform; TechM Orion, an agentic AI platform; Ops amplifAler 4.0 for IT operations; Email amplifAler for visualization and automation; SDLC amplifAler solutions; Zone insights solutions for monitoring of object movement; synthetic data generation, freightwatch solutions, cognitive process monitoring, and guardrails framework for AI; VerifAI for scaling AI; and MobiLytix for …

Employees
1,19,337
Head office
Pune
NSE industry
Information Technology

Peer comparison

TechnologyInformation TechnologyInformation Technology Services

Part ofNifty 50Nifty 100Nifty 500Nifty IT

S.No.CompanyCMP ₹P/EMar Cap ₹ CrDiv Yld %NP Qtr ₹ CrQtr Profit Var %Sales Qtr ₹ CrQtr Sales Var %ROCE %
1.Tech Mahindra1,790.0028.81,58,5803.091,61033.9516,18015.6119.8
2.Tata Consultancy Services2,465.0017.38,91,8592.0413,3499.2072,27512.0954.9
3.Infosys1,161.2015.84,70,3264.507,77512.2948,21114.0341.7
4.HCL Technologies1,380.0020.43,73,3963.535,13221.1535,62011.5127.2
5.Wipro184.4014.51,82,4354.603,200-1.9224,7539.0617.8
6.LTM4,390.0024.91,30,1461.771,380-0.0911,80813.6025.4
7.Persistent Systems5,741.0050.290,0630.62352-25.444,66430.2529.4
8.Coforge1,951.9040.086,4770.8351998.555,52861.5218.6
9.Mphasis2,500.0025.047,7182.5349010.824,38417.4623.0
10.L&T Technology Services3,714.6030.339,4071.5735714.632,94011.4624.0
Median: 51 Co.2,208.4522.61,5290.721,49511.5613,99413.8124.7

Companies in the same industry; the median covers every company in it that we hold figures for. Tap a heading to sort. Sorting and comparing are ways to explore data, not recommendations.

Quarterly Results

Consolidated figures in ₹ crore /

₹ CrSep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Sep 2026
12,86413,10112,87113,00513,31313,28613,38413,35113,99514,39315,07615,71216,180
11,94111,95511,77211,44111,56311,47711,54411,41611,82712,02812,51112,96913,302
Operating Profit9231,1461,0991,5641,7501,8091,8401,9352,1682,3662,5652,7432,879
OPM %7%9%9%12%13%14%14%14%15%16%17%17%18%
264883741455221717321840-22-205-106-7
Interest9811759728976857877948911184
Depreciation466443461462470459462458469474481479491
Profit before tax6156799591,1751,7131,2971,4641,6181,6591,5041,7912,0462,296
18%23%31%27%27%24%22%30%28%26%24%27%30%
5055246648651,2579891,1421,1291,2021,1191,3561,4861,610
EPS in Rs5.595.777.489.6214.1211.1013.1712.8713.4812.6615.2716.5317.88
Raw filing

Source: the company's results filed with NSE, as reported. Tap a row marked + for its breakdown. Latest quarter on the right.

Profit & Loss

Consolidated figures in ₹ crore /

₹ CrMar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
30,77334,74236,86837,85544,64653,29051,99552,98856,81561,361
26,06328,40531,35931,05936,62645,49847,48946,02547,78150,810
Operating Profit4,7106,3375,5096,7968,0207,7924,5066,9649,03410,552
OPM %15%18%15%18%18%15%9%13%16%17%
1,4165341,1927871,11296591785532-340
Interest162133192174163326392322337377
Depreciation1,0851,1291,4461,4581,5201,9571,8171,8531,8821,925
Profit before tax4,8795,5435,0585,9537,4526,4453,2245,6536,5737,637
22%23%23%27%24%25%26%25%27%27%
3,7864,2893,8974,3535,6304,8572,3974,2534,8065,571
EPS in Rs43.0248.4846.2150.6463.3254.7626.6648.0054.2862.34
Dividend Payout %88%166%1,593%84%

Compounded Sales Growth

5 Years:
8%
3 Years:
2%
TTM:
14%

Compounded Profit Growth

5 Years:
2%
3 Years:
0%
TTM:
25%

Stock Price CAGR

5 Years:
4%
3 Years:
15%
1 Year:
22%

Return on Equity

4 Years:
15%
Last Year:
17%

Financial years ending March; TTM = the last four quarters. Source: the company's results filed with NSE, as reported. Tap a row marked + for its breakdown. Dividend payout = dividends paid in the year ÷ net profit.

Balance Sheet

Consolidated figures in ₹ crore, as at 31 March

₹ CrMar 2023Mar 2024Mar 2025Mar 2026
Equity Capital440441442443
Reserves27,48526,22826,91929,173
2,7402,5372,0252,186
15,48914,21815,10817,568
Total Liabilities46,15343,42444,49549,369
4,0683,6373,9324,433
CWIP1101193327
41,97539,66840,53044,909
Total Assets46,15343,42444,49549,369

Source: Yahoo Finance (compiled from the annual reports). Tap a row marked + for its breakdown.

Cash Flows

Consolidated figures in ₹ crore, financial years ending March

₹ CrMar 2023Mar 2024Mar 2025Mar 2026
5,5726,3765,7866,172
-279-1,314-23-409
-5,078-4,767-5,799-5,131
Net Cash Flow215296-37632
Free Cash Flow4,5575,5855,1925,476

Free cash flow = cash from operations − capital expenditure. Source: Yahoo Finance.

Ratios

RatioMar 2022Mar 2023Mar 2024Mar 2025Mar 2026
ROE—17.3%8.6%15.7%16.9%
ROCE—20.6%11.7%18.8%19.8%
Operating margin—11.7%6.6%9.8%13.0%
Net margin—9.1%4.5%8.0%8.5%
Debt / equity—0.100.100.070.07
Current ratio—1.831.861.871.90
Debtor days—56504548
Inventory days—0001
Days payable—41354145
Cash conversion cycle—151544
Working capital days—76767684

Computed from the reported statements: ROE on average equity; ROCE = EBIT / (total assets − current liabilities). Debtor days = receivables ÷ sales × 365; inventory and payable days use cost of goods sold; cash conversion cycle = debtor + inventory − payable days; working capital days = (current assets − current liabilities) ÷ sales × 365.

Shareholding Pattern

Numbers in percentages · as filed with NSE each quarter

  • Promoters 34.97%
  • FIIs 18.66%
  • DIIs 36.92%
  • Government 0.17%
  • Public 9.29%
%Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters35.13%35.11%35.09%35.05%35.03%35.01%35.01%35.00%34.98%34.98%34.97%34.97%
26.22%24.58%24.15%23.28%23.66%24.20%22.95%23.28%20.60%17.94%18.59%18.66%
27.13%29.02%29.52%30.76%31.00%30.74%32.12%32.13%34.64%37.79%37.33%36.92%
Government0.17%0.17%0.17%0.17%0.17%0.17%0.17%0.17%0.17%0.17%0.17%0.17%
11.34%11.13%11.07%10.75%10.14%9.89%9.76%9.42%9.60%9.13%8.93%9.29%
No. of Shareholders8,85,5908,67,3738,48,4848,26,2847,74,9977,61,3837,61,7017,48,1767,66,7827,39,8837,38,0557,44,161

Source: shareholding patterns filed by the company with NSE. Public = non-institutional holders. Tap a row marked + for its breakdown.

Mutual funds & institutions holding Tech Mahindra

Holder (above 1%)Stake
Life Insurance Corporation Of IndiaInsurance11.11%
Sbi Nifty 50 EtfMutual fund · see the fund house4.38%
ICICI Prudential Technology FundMutual fund2.59%
Nps Trust- A/C Sbi Pension Fund Scheme - State GovtPension fund1.97%
Kotak Flexicap FundMutual fund · see the fund house1.82%
Aditya Birla Sun Life Flexi Cap FundMutual fund1.66%
Uti Nifty 50 EtfMutual fund · see the fund house1.43%
Nippon Life India Trustee Ltd-A/C Nippon India Etf Nifty 50 BeesMutual fund · see the fund house1.32%
Sbi Life Insurance Co. LtdInsurance1.06%

As named in the shareholding pattern for Jun 2026 filed with NSE; mutual funds together hold 19.14% of the company. Shareholders below 1% are not named in the filing.

Documents

Announcements

All announcements on NSE →

Concalls & investor meets

Filings made by the company with NSE; documents open on NSE's website.

Key dates

Results announced
14 Jan 2027
Ex-dividend date
3 Jul 2026
Latest quarter
30 Sep 2026
Financial year end
31 Mar 2026

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Latest news

From the company (NSE)

Headlines from news publishers (via Google News) and the filings of the company with NSE; they open on the source website. Headlines with price targets or buy/sell calls are left out. News is for information only and is not a recommendation.

Questions about Tech Mahindra Limited

What is the share price of Tech Mahindra Limited today?
Tech Mahindra Limited (TECHM) last traded at ₹1,790.00 on NSE (16 Oct 2026, 3:28 PM IST). Prices may be delayed.
What is the market cap of Tech Mahindra Limited?
About ₹1,58,580 crore at the latest price.
What is the P/E ratio of Tech Mahindra Limited?
About 28.8 times its earnings over the last 12 months.
Is Tech Mahindra Limited a good investment?
We do not give views on individual shares. Whether any share suits you depends on your goals, time horizon and risk appetite; for long-term goals, a diversified mutual fund is often a simpler way to own shares. Investments in securities markets are subject to market risks.
How can I buy Tech Mahindra Limited shares?
You need a trading and demat account with a SEBI-registered stock broker. We can help you open one through Parshvanath Investments, an Authorised Person of Master Capital Services Ltd (SEBI Reg. INZ000210539). We provide execution and account service only, not tips or research.
Important. Prices from NSE via Yahoo Finance. Quarterly and annual results, shareholding and documents are taken from the filings the company made with NSE; balance sheet, cash flow and valuation figures are compiled by Yahoo Finance; ratios are computed by us from them. Figures may be delayed or revised. This page is for information only: it is not research, a recommendation or an offer to buy or sell any security. Investments in securities markets are subject to market risks; read all related documents carefully before investing. Plenitude Connect Private Limited is an AMFI-registered Mutual Fund Distributor (ARN-130934); share broking is offered through Parshvanath Investments, Authorised Person of Master Capital Services Ltd (SEBI Reg. INZ000210539).
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