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Tech Mahindra Ltd

TECHM

Tech Mahindra Ltd

TECHM
Information TechnologyIT Services & Consulting
LargecapWith a market cap of ₹1,57,614 cr, stock is ranked 57
Low RiskStock is 1.89x as volatile as Nifty
1,598.400.80% (-12.85)
1,598.400.80% (-12.85)

Price Chart

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1M
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Max
SIP
Information TechnologyIT Services & Consulting
LargecapWith a market cap of ₹1,57,614 cr, stock is ranked 57
Low RiskStock is 1.89x as volatile as Nifty

How to use scorecard? Learn more

Information TechnologyIT Services & Consulting
LargecapWith a market cap of ₹1,57,614 cr, stock is ranked 57
Low RiskStock is 1.89x as volatile as Nifty

Key Metrics

No LabelNo LabelPB RatioPB RatioDividend YieldDiv. Yield
62.625.812.24%
Sector PESector PESector PBSector PBSector Div YldSctr Div Yld
35.649.471.62%

Forecast & Ratings

Detailed Forecast 
56%
Analysts have suggested that investors can buy this stock

from 34 analysts

Price

Price Upside

Earnings

Earnings Growth

Revenue

Rev. Growth

See Detailed Forecast

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).

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Forecasts

Price

Revenue

Earnings

Income

Balance Sheet

Cash Flow

Income Statement

Industry refers to the sub-sector this company belongs to.

Lower than Industry Revenue Growth

A higher-than-industry revenue growth represents increased potential for the company to increase their market share

Over the last 5 years, revenue has grown at a yearly rate of 8.45%, vs industry avg of 11.54%

Decreasing Market Share

Market share is the percentage of an industry's total sales going to a particular company. It gives a general idea of the size of a company v/s its competitors

Over the last 5 years, market share decreased from 7.47% to 6.77%

Lower than Industry Net Income

Net income is equal to net earnings (profit) less expenses. This number is an important measure of how profitable the company is

Over the last 5 years, net income has grown at a yearly rate of -11.31%, vs industry avg of 8.39%

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Financial YearFY 2016FY 2017FY 2018FY 2019FY 2020FY 2021FY 2022FY 2023FY 2024TTM
Total Revenue26,936.2029,916.1032,189.5035,276.3038,060.1038,643.4045,761.1054,255.2052,922.9052,725.70
Raw Materialssubtract0.000.000.000.000.000.000.000.000.0047,117.70
Power & Fuel Costsubtract168.80187.90194.70199.20205.30140.40139.90175.30194.70
Employee Costsubtract13,947.5015,453.9016,624.0017,507.9018,810.0019,297.3022,285.9027,691.8029,128.30
Selling & Administrative Expensessubtract2,795.503,053.203,008.103,422.103,400.102,152.102,592.203,011.103,284.10
Operating & Other expensessubtract5,311.806,261.406,236.507,341.508,949.209,469.0011,608.0014,649.2014,882.10
Depreciation/Amortizationsubtract758.90978.101,085.001,129.201,445.801,457.701,520.401,956.701,817.101,832.70
Interest & Other Itemssubtract97.00128.60162.40133.20191.90174.00162.60325.60392.20344.00
Taxes & Other Itemssubtract863.801,040.101,079.001,245.601,024.801,524.901,886.001,614.20866.60914.50
EPS31.0430.4943.1648.5445.8650.7463.5654.9826.7628.52
DPS12.009.0014.0014.0015.0045.0030.0050.0040.0044.00
Payout ratio0.390.300.320.290.330.890.470.911.491.54

Company Updates

Annual Report and Investor Presentation updates mentioned here are as reported by the company to the exchange

Peers & Comparison

Comparing 3 stocks from 
Information TechnologyIT Services & Consulting

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StockPE RatioPE RatioPB RatioPB RatioDiv. YieldDividend Yield
Tech Mahindra Ltd66.855.812.24%
Tata Consultancy Services Ltd35.4817.841.62%
Infosys Ltd29.698.802.45%
HCL Technologies Ltd28.896.643.11%

Price Comparison

Compare TECHM with any stock or ETF
Compare TECHM with any stock or ETF
TECHM
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Shareholdings

Promoter Holdings Trend

Total Promoter Holding

Increasing promoter holding is considered good and reflects management’s positive view about the future outlook

In last 6 months, promoter holding in the company has almost stayed constant

Low Pledged Promoter Holding

Lower pledged promoter holdings is considered better

Pledged promoter holdings is insignificant

Institutional Holdings Trend

Total Retail Holding

Increasing retail holding can be considered bad as it can reflect that institutions and promoters are selling their stake which is being absorbed by retail investors.

In last 3 months, retail holding in the company has almost stayed constant

Foreign Institutional Holding

Foreign Institutional Holding is quantum of stock held by foreign large-quantities-trading entities. Increasing value indicates growing support and comfort for the stock

In last 3 months, foreign institutional holding of the company has almost stayed constant

Tickertape Separator

Shareholding Pattern

Retail and OthersForeign InstitutionsOther Domestic InstitutionsMutual FundsTotal Promoter Holding35.05%15.27%15.49%23.28%10.92%

Sep 2023

Dec 2023

Mar 2024

Jun 2024

Shareholding History

MarJunSepDec '23MarJun26.87%25.69%26.22%24.58%24.15%23.28%

Mutual Funds Holding Trend

Increased Mutual Fund Holding

Increasing Mutual Fund holdings are generally considered good, as it reflects that fund managers are becoming more bullish about the stock

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)Market-cap heldWeight3M holding changePortfolio rank
(3M change)
Tata Digital India Fund Direct Plan Growth

Growth
0.6321%9.76%0.22%3/37 (0)
HDFC Flexi Cap Fund - Growth - Direct Plan

Growth
0.5523%1.41%0.08%22/57 (+1)
ICICI Prudential Bluechip Fund - Growth - Direct Plan

Growth
0.5285%1.33%0.09%18/85 (+1)

Compare 3-month MF holding change on Screener

Insider Trades & Bulk Deals

Hmm, looks like there hasn't been any net deal activity in the last 6 months

smallcases

A smallcase is a basket of stocks/ETFs that represents an idea or theme.Diversify your risk and buy smallcases that have Tech Mahindra Ltd

Events

Dividend Trend

No Trend In Dividends

Dividends are the portion of earnings that a company distributes to all its shareholders every year

TECHM has shown inconsistent dividend trend over the last 5 years

Dividend Yield

Dividend return is one of the most important things to be considered while investing for long term. It is the additional return on top of what investors earn through price appreciation

Current dividend yield is 2.24%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹22.40 every year

Dividends

Corp. Actions

Announcements

Legal Orders

Upcoming Dividends

No upcoming dividends are available

Past Dividends

Cash Dividend

Ex DateEx DateJul 19, 2024

Final
Final | Div/Share: ₹28.00

Dividend/Share

28.00

Ex DateEx Date

Jul 19, 2024

Cash Dividend

Ex DateEx DateNov 2, 2023

Interim
Interim | Div/Share: ₹12.00

Dividend/Share

12.00

Ex DateEx Date

Nov 2, 2023

Cash Dividend

Ex DateEx DateJul 21, 2023

Final
Final | Div/Share: ₹32.00

Dividend/Share

32.00

Ex DateEx Date

Jul 21, 2023

Cash Dividend

Ex DateEx DateNov 9, 2022

Special
Special | Div/Share: ₹18.00

Dividend/Share

18.00

Ex DateEx Date

Nov 9, 2022

Cash Dividend

Ex DateEx DateJul 21, 2022

Special
Special | Div/Share: ₹15.00

Dividend/Share

15.00

Ex DateEx Date

Jul 21, 2022

News & Opinions
Spotlight
Tech Mahindra hits 52-week high after board OKs to sell 103 acres land to Mahindra University

Mahindra University (MU) a university established under the Telangana State Private Universities (Establishment and Regulation) Act, 2018 on the land and buildings owned by the company. The company will sale 103 acres of land and 17 buildings with a built-up area of approximately 1,261,149 sq. ft. located at Bahadurpally village, Medchal-Malkajgiri district, Hyderabad, Telangana. The primary objective of the sale is to set up MU as an autonomous institution that focuses on the betterment of society, one which can continue to grow independently. The cash consideration of Rs 535 crore to be received in tranches, over a period of four years along with interest 8.20% per annum, receivable during the said period. The sale is expected to be finalized on or before 30 September 2024, unless mutually extended by the parties. Tech Mahindra is focused on leveraging next-generation technologies including 5G, blockchain, cybersecurity, artificial intelligence, and more, to enable end-to-end digital transformation for global customers. 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 Q4 FY24. The scrip hit a 52-week high at Rs 1,634.25 in intraday today.Powered by Capital Market - Live

4 days agoCapital Market - Live
Corporate
Tech Mahindra to sell 103 acres land and building to Mahindra University

Tech Mahindra has approved the sale of and admeasuring approx. 103 acres and buildings admeasuring built-up area of approx. 1,261,149 sq. ft situated at Bahadurpally village, Dundigal Gandimaisamma mandal (earlier Quthbullahpur mandal), Medchal-Malkajgiri district (earlier Ranga Reddy district), Hyderabad, Telangana (Property) to Mahindra University, subject to requisite regulatory approvals. The sale is for a consideration of Rs 535 crore payable over a period of 4 years along with interest. Mahindra University is a university established under the Telangana State Private Universities (Establishment and Regulation) Act, 2018 on the land and buildings owned by the Company. Mahindra Educational Institutions, a section 8 wholly-owned subsidiary of the Company is the sponsoring body of Mahindra University. As no business operations of the Company are carried out on the said land and building being sold, the said sale will not have any impact on the business operations of the Company.Powered by Capital Market - Live

4 days agoCapital Market - Live
Corporate
Tech Mahindra allots 59,082 equity shares under ESOP

Tech Mahindra has allotted 59,082 equity shares of Rs 5/- each of the Company under ESOP on 14 August 2024. Post allotment, the paid up equity share capital has increased to 97,82,12,370 equity shares of Rs 5 each. Powered by Capital Market - Live

1 week agoCapital Market - Live

Tech Mahindra Share Price Live Updates: Tech Mahindra Sees 2.84% Price Increase Today, SMA3 at Rs 1530.03 - The Economic Times

2 weeks agoEconomic Times

Stock market update: Stocks that hit 52-week lows on NSE

2 weeks agoEconomic Times

Tech Mahindra Stocks Live Updates: Tech Mahindra Sees 2.3% Decline in Price, Trading Volume at 329924 Shares - The Economic Times

2 weeks agoEconomic Times

Tech Mahindra, Finastra Partner To Accelerate Digital Transformation For Corporate Banks

3 weeks agoBloomberg Quint

Tech Mahindra Share Price Live Updates: Tech Mahindra Sees Price Dip of 1.53% Today, 3-Month Returns Stand at 19.63% - The Economic Times

3 weeks agoEconomic Times
Corporate
Tech Mahindra announces cessation of directors

Tech Mahindra announced the cessation of T.N. Manoharan & M. Rajyalakshmi Rao as Independent Director of the company with effect from 31 July 2024 on completion of their tenure. Powered by Capital Market - Live

3 weeks agoCapital Market - Live

Price Updates: Tech Mahindra Hits New 52-Week High at 1555.0 Rs with a 0.0386% Increase - The Economic Times

3 weeks agoEconomic Times