Tech Mahindra Limited · CashKonnect

About

Tech Mahindra Limited provides information technology services and solutions in the Americas, Europe, India, and internationally. The company operates through Information technology (IT) Business and Business Process Services (BPS) segments. It offers Application Development Maintenance, intelligent automation, testing, and performance engineering; cloud consulting; engineering and network services; data analytics; and artificial intelligence services. The company also provides business process services, including Consulting NXT.NOW, growth accelerators, business-process-as-a-service; and service desk, technical assistance center, supply chain management, finance and accounting, GIS, analytics, trust and safety, customer experience, and transformation through technology; customer experience and design services; and cyber security, blockchain, and metaverse. In addition, it offers ESG consulting, energy, resource management, ESG talent pool, supply chain, data management and reporting, and environment, health, and safety; and digital enterprise applications. Further, the company provides Yantr.ai, a field service management software; Kornea, a cloud-native AI-powered workforce management solution; Populii, and enterprise gig platform; AceFin, an AI-based BPaaS solution; AftEAZE, a digital aftermarket platform; netOps.ai, a cloud platform for telco networks; MobiLytix marketing studio; Epselon automation platform; Entellio, a chatbot platform; Blue Marble solution; and InfoWise for enterprise metadata. It serves banking and financial services; communication; energy and utilities; healthcare and life sciences; hi-tech; insurance; manufacturing; media and entertainment; private equity; oil and gas; professional service; retail and consumer goods; and travel, transportation, hospitality, and logistic sectors. The company was incorporated in 1986 and is based in Pune, India.

Key Metrics

as of Sep 2026

Market Cap156,616 Cr

P/E29.40

Div Yield3.19 %

Book Value₹302.00

52w High₹1,854.00

52w Low₹1,304.00

Face Value₹5.00

Quarterly Results

Rs. Crores · hover row for definition

Metric	Jun 2026	Mar 2026	Dec 2025	Sep 2025	Jun 2025	Mar 2025	Dec 2024	Sep 2024	Jun 2024	Mar 2024	Dec 2023	Sep 2023	Jun 2023
Sales	13,219.00	12,956.00	12,308.00	12,068.00	11,595.00	11,584.00	11,176.00	11,077.00	10,780.00	10,584.00	10,699.00	10,440.00	10,697.00
Expenses	11,260.00	11,629.00	10,646.00	10,511.00	10,178.00	10,552.00	9,999.00	10,031.00	9,777.00	9,824.00	10,089.00	10,102.00	9,911.00
Operating Profit	1,959.00	1,328.00	1,662.00	1,557.00	1,417.00	1,031.00	1,177.00	1,046.00	1,003.00	759.00	610.00	337.00	787.00
OPM %	15.00	10.00	14.00	13.00	12.00	9.00	11.00	9.00	9.00	7.00	6.00	3.20	7.00
Other Income	-137.00	-195.00	-110.00	246.00	394.00	163.00	175.00	870.00	125.00	198.00	258.00	514.00	201.00
Depreciation	235.00	230.00	219.00	213.00	211.00	216.00	217.00	212.00	211.00	213.00	208.00	206.00	205.00
Interest	76.00	74.00	72.00	57.00	59.00	61.00	60.00	66.00	52.00	60.00	76.00	58.00	54.00
Profit before tax	1,510.00	828.00	1,261.00	1,533.00	1,541.00	918.00	1,075.00	1,638.00	866.00	683.00	583.00	587.00	729.00
Tax %	25.00	35.00	24.00	23.00	24.00	23.00	20.00	22.00	24.00	30.00	11.00	5.00	23.00
Net Profit	1,138.00	541.00	964.00	1,176.00	1,178.00	710.00	858.00	1,280.00	657.00	480.00	517.00	556.00	560.00
EPS in Rs	11.61	5.52	9.84	12.00	12.03	7.26	8.77	13.09	6.72	4.92	5.29	5.70	5.74

Profit & Loss

Annual · Rs. Crores

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015
Sales	48,927.00	44,617.00	42,700.00	42,657.00	35,761.00	29,641.00	29,225.00	27,228.00	23,692.00	23,165.00	20,970.00	19,163.00
Expenses	42,964.00	40,359.00	40,123.00	37,888.00	29,970.00	24,311.00	25,481.00	22,059.00	19,793.00	19,494.00	17,592.00	15,894.00
Operating Profit	5,963.00	4,258.00	2,577.00	4,770.00	5,792.00	5,330.00	3,744.00	5,169.00	3,899.00	3,672.00	3,378.00	3,268.00
OPM %	12.00	10.00	6.00	11.00	16.00	18.00	13.00	19.00	16.00	16.00	16.00	17.00
Other Income	335.00	1,333.00	1,069.00	1,128.00	1,447.00	922.00	2,322.00	960.00	1,728.00	893.00	1,094.00	184.00
Interest	262.00	239.00	251.00	181.00	69.00	63.00	67.00	43.00	71.00	64.00	53.00	48.00
Depreciation	873.00	855.00	850.00	813.00	740.00	662.00	667.00	659.00	656.00	622.00	542.00	473.00
Profit before tax	5,164.00	4,497.00	2,545.00	4,904.00	6,429.00	5,527.00	5,332.00	5,427.00	4,900.00	3,879.00	3,876.00	2,930.00
Tax %	25.00	22.00	19.00	23.00	22.00	23.00	15.00	19.00	18.00	21.00	18.00	23.00
Net Profit	3,859.00	3,506.00	2,064.00	3,778.00	5,023.00	4,239.00	4,534.00	4,380.00	3,994.00	3,047.00	3,173.00	2,256.00
EPS in Rs	39.39	35.81	21.13	38.78	51.69	43.78	46.95	44.54	40.77	31.28	32.78	23.48
Dividend Payout %	129.00	126.00	189.00	129.00	58.00	103.00	32.00	31.00	34.00	29.00	37.00	26.00

Balance Sheet

Annual · Rs. Crores — latest first

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015
Equity Capital	490.00	490.00	488.00	487.00	486.00	484.00	483.00	492.00	490.00	487.00	484.00	480.00
Reserves	21,232.00	21,931.00	22,613.00	24,717.00	25,724.00	24,532.00	21,790.00	20,156.00	19,045.00	16,403.00	14,507.00	10,776.00
Borrowings	1,505.00	982.00	506.00	579.00	617.00	519.00	481.00	13.00	255.00	262.00	228.00	5.00
Other Liabilities	15,072.00	12,778.00	11,084.00	10,252.00	8,733.00	7,840.00	7,568.00	9,682.00	7,041.00	6,580.00	5,676.00	5,755.00
Total Liabilities	38,299.00	36,181.00	34,692.00	36,035.00	35,559.00	33,375.00	30,322.00	30,342.00	26,830.00	23,733.00	20,894.00	17,016.00
Fixed Assets	4,163.00	3,878.00	3,659.00	3,641.00	3,630.00	3,048.00	3,336.00	2,786.00	3,230.00	2,498.00	2,122.00	1,981.00
CWIP	22.00	18.00	94.00	48.00	136.00	111.00	35.00	272.00	235.00	362.00	628.00	551.00
Investments	12,033.00	12,427.00	12,517.00	13,320.00	14,532.00	16,552.00	10,649.00	12,961.00	10,258.00	7,716.00	4,976.00	4,088.00
Other Assets	22,081.00	19,859.00	18,422.00	19,026.00	17,262.00	13,663.00	16,302.00	14,324.00	13,106.00	13,156.00	13,168.00	10,397.00
Total Assets	38,299.00	36,181.00	34,692.00	36,035.00	35,559.00	33,375.00	30,322.00	30,342.00	26,830.00	23,733.00	20,894.00	17,016.00

Cash Flows

Annual · Rs. Crores — latest first

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015
Cash from Operating Activity	4,594.00	4,293.00	5,123.00	4,102.00	3,213.00	6,852.00	2,380.00	3,634.00	3,273.00	3,332.00	2,876.00	2,108.00
Cash from Investing Activity	527.00	513.00	-41.00	734.00	1,576.00	-5,602.00	3,306.00	-1,529.00	-2,146.00	-2,590.00	-1,082.00	-1,637.00
Cash from Financing Activity	-4,899.00	-4,659.00	-4,747.00	-4,992.00	-4,607.00	-2,066.00	-4,842.00	-2,036.00	-1,210.00	-1,479.00	-792.00	-770.00
Net Cash Flow	222.00	146.00	334.00	-156.00	181.00	-816.00	844.00	69.00	-82.00	-736.00	1,002.00	-299.00
Free Cash Flow	4,269.00	4,093.00	4,713.00	3,549.00	2,591.00	6,439.00	1,803.00	3,100.00	2,770.00	2,828.00	2,228.00	1,208.00
CFO/OP %	94.00	123.00	230.00	116.00	87.00	146.00	93.00	97.00	113.00	106.00	114.00	85.00

Ratios

Annual · Days / % — latest first

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015
Debtor Days	88.00	81.00	82.00	89.00	101.00	89.00	78.00	80.00	79.00	72.00	90.00	81.00
Cash Conversion Cycle	88.00	81.00	82.00	89.00	101.00	89.00	78.00	80.00	79.00	72.00	90.00	81.00
Working Capital Days	22.00	24.00	34.00	45.00	60.00	49.00	71.00	34.00	61.00	69.00	69.00	57.00
ROCE %	24.00	18.00	11.00	19.00	25.00	23.00	25.00	27.00	26.00	24.00	30.00	29.00

Shareholding Pattern

% holding — latest first

Holder	Jun 2026	Mar 2026	Dec 2025	Sep 2025	Jun 2025	Mar 2025	Dec 2024	Sep 2024	Jun 2024	Mar 2024	Dec 2023	Sep 2023
Promoters	34.96	34.97	34.97	34.98	34.99	35.00	35.01	35.02	35.04	35.08	35.10	35.13
FIIs	18.66	18.59	17.94	20.60	23.28	22.95	24.19	23.67	23.27	24.15	24.58	26.22
DIIs	36.92	37.34	37.79	34.64	32.13	32.13	30.73	30.90	30.66	29.42	28.91	27.03
Public	9.28	8.94	9.14	9.61	9.43	9.74	9.88	10.23	10.84	11.16	11.22	11.44
No. of Shareholders	744,161	738,055	739,883	766,782	748,176	761,701	761,383	774,997	826,284	848,484	867,373	885,590

Corporate Actions

35 records

Action	Ex Date	Record Date	Ratio	Amount (₹)	Notes
Dividend	03 Jul 2026	03 Jul 2026	—	36.00
Dividend	20 Oct 2025	21 Oct 2025	—	15.00
Dividend	04 Jul 2025	04 Jul 2025	—	30.00
Dividend	31 Oct 2024	01 Nov 2024	—	15.00
Dividend	19 Jul 2024	—	—	28.00
Dividend	02 Nov 2023	02 Nov 2023	—	12.00
Dividend	21 Jul 2023	—	—	32.00
Dividend	09 Nov 2022	10 Nov 2022	—	18.00
Dividend	21 Jul 2022	—	—	15.00
Dividend	02 Nov 2021	05 Nov 2021	—	15.00
Dividend	23 Jul 2021	—	—	15.00
Dividend	29 Oct 2020	02 Nov 2020	—	15.00
Dividend	23 Jul 2020	—	—	5.00
Dividend	02 Mar 2020	03 Mar 2020	—	10.00
Dividend	25 Jul 2019	—	—	14.00
Other	05 Mar 2019	06 Mar 2019	—	—	Buy Back of Shares
Other	05 Mar 2019	06 Mar 2019	—	—	Buy Back
Dividend	26 Jul 2018	—	—	14.00
Dividend	27 Jul 2017	—	—	9.00
Dividend	28 Jul 2016	—	—	6.00
Dividend	23 Jul 2015	—	—	6.00
Split	19 Mar 2015	20 Mar 2015	10:5	—
Bonus	19 Mar 2015	20 Mar 2015	1:1	—
Dividend	25 Jul 2014	—	—	20.00
Dividend	19 Sep 2013	—	—	5.00
Dividend	02 Aug 2012	—	—	4.00
Dividend	04 Aug 2011	—	—	4.00
Dividend	21 Jul 2010	—	—	3.50
Other	20 Jul 2009	—	—	—	Annual General Meeting
Dividend	27 Oct 2008	29 Oct 2008	—	4.00	NSE/BSE dividend mismatch: NSE=2.0; BSE=4.0
Dividend	27 Oct 2008	29 Oct 2008	—	2.00	NSE/BSE dividend mismatch: NSE=2.0; BSE=4.0
Dividend	17 Jul 2008	—	—	5.50	NSE/BSE dividend mismatch: NSE=2.75; BSE=5.5
Dividend	17 Jul 2008	—	—	2.75	NSE/BSE dividend mismatch: NSE=2.75; BSE=5.5
Other	16 Jul 2007	—	—	—	Agm
Dividend	21 Mar 2007	22 Mar 2007	—	0.75