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Stocks / India / TECHM · Information Technology · NSE

Tech Mahindra Ltd. (TECHM)

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Tech Mahindra Ltd. (TECHM) reported consolidated revenue from operations of ₹15,712 crore for Q1 FY2027, the quarter ended 30 June 2026, up 17.7% on the same quarter a year earlier. Profit after tax was ₹1,486 crore, up 31.7% on the year, and earnings per share ₹16.53. The figures are the company's own, from the audited results it filed with NSE on 16 July 2026.

Revenue from operations₹15,712 croreup 17.7%
Profit after tax₹1,486 croreup 31.7%
EPS₹16.53
QuarterQ1 FY2027ended 30 June 2026

Ratios

From the filings

ROE17.4%
OPM16.6%
Net margin8.7%
Net debt to equity-0.10
Debt to equityn/a
Promoter holding35.0%
Promoter pledgedn/a
FPI holding18.7%
Sales CAGR, 3 years2.2%
Profit CAGR, 3 years-0.4%
EPS, TTM₹57.94
Dividend payout83.8%

At the close of 22 September 2026

Price₹1,551.60
Market cap₹1,52,066 cr
Stock P/E26.78
Price to book5.13
EV / EBITDA15.62
Dividend yieldn/a
Market cap / sales2.57
52-week high₹1,768.40
52-week low₹1,331.70
Price, 1 year3.1%
Price CAGR, 3 years5.9%
Price CAGR, 5 years0.4%

Every figure is arithmetic on the filed lines (hover a name for the formula); the priced ones use the latest daily close, NSE, security-wise price and volume, as traded; no bonus or split in the window. Nothing here is a valuation or a view.

Price, 17 September 2021 to 22 September 2026

Daily closes from NSE, security-wise price and volume, as traded; no bonus or split in the window; the last is 22 September 2026. P/E is the close over the trailing four quarters' EPS as filed at each filing date, on the current share count; the dashed line is the median over the range shown. Sales and margin are quarterly revenue and the operating margin from the tables above. EV/EBITDA, price to book and market cap to sales use the latest filed balance sheet and share count at each date. Drawn in your browser; the range and overlay you pick are remembered here only.

The public record on TECHM

Announcements126 to NSE in twelve months; latest 17 September 2026, analysts/institutional investor meet/con. call updates
Corporate actionsdividends of ₹51.00 per share went ex in twelve months; latest action dividend - rs 36 per share, ex 3 July 2026
Calendarnothing dated ahead; last listed 16 July 2026, board meeting intimation
Shareholder votes20 resolutions across 4 meetings: 0 failed, 1 with ten percent or more against; latest 17 July 2026
Shareholding patternpromoters 34.97% at 30 June 2026, unchanged on the quarter; mutual funds 19.14%, FPIs 18.66%
Insider trading disclosuresnone on NSE in twelve months
Documents17 annual reports, 6 investor presentations, 36 call notices or transcripts, the rating letters
Bulk and block deals0 bulk and 2 block in twelve months, ₹29.88 crore; latest 16 October 2025

Quarterly results, the last 12 quarters

Q2 FY2024Q3 FY2024Q4 FY2024Q1 FY2025Q2 FY2025Q3 FY2025Q4 FY2025Q1 FY2026Q2 FY2026Q3 FY2026Q4 FY2026Q1 FY2027
Sales12,86413,10112,87113,00513,31313,28613,38413,35113,99514,39315,07615,712
Expenses12,50412,51512,29211,97512,12212,01112,09111,95212,37312,59513,08113,559
Operating profit9231,1461,0991,5641,7501,8091,8401,9352,1682,3662,5652,743
OPM %7%9%9%12%13%14%14%14%15%16%17%17%
Other income264883741455221617321840-22-205-106
Interest98116587289768578779489111
Depreciation466443461462470459462458469474481479
Exceptional items-856017-10-3-27200
Profit before tax6156799591,1751,7131,2971,4641,6181,6591,5041,7912,046
Tax %18%23%31%27%27%24%22%30%28%26%24%27%
Net profit5055246648651,2579891,1421,1291,2021,1191,3561,486
EPS in ₹₹5.59₹5.77₹7.48₹9.62₹14.12₹11.10₹13.17₹12.87₹13.48₹12.66₹15.27₹16.53
FilingNSENSENSENSENSENSEFilingFilingFilingFilingFilingFiling

₹ crore except per share, consolidated, as filed with the exchange. Operating profit is sales less the expenses other than interest and depreciation, OPM is that over sales, and tax % is tax over profit before tax: arithmetic on the filed lines; everything else is as filed. Quarters before December 2024 are from the exchange's earlier results feed, which carries the filed lines without the filing itself; the column links to the exchange's page for the company.

Profit and loss, 11 fiscal years and the trailing twelve months

FY2016FY2017FY2018FY2019FY2020FY2021 *FY2022FY2023FY2024FY2025FY2026TTM
Sales26,49429,14130,77334,74236,86837,85544,64653,29051,99552,98856,81559,176
Expenses23,07926,06327,31129,66832,99732,69038,30947,78149,69848,19950,00051,608
Operating profit4,2714,0564,7106,3375,5096,7968,0207,7924,5066,9649,0349,841
OPM %16%14%15%18%15%18%18%15%9%13%16%17%
Other income439n/a1,4165341,1927871,11296591785532-293
Interest97n/a162133192174163326392322337371
Depreciation7599781,0851,1291,4461,4581,5201,9571,8171,8531,8821,902
Exceptional items000-66-613-29109-274-275
Profit before tax3,8543,8554,8795,5435,0585,9537,4526,4453,2245,6536,5737,000
Tax %22%26%22%23%23%27%24%25%26%25%27%26%
Net profit3,0272,8533,7864,2893,8974,3535,6304,8572,3974,2534,8065,163
EPS in ₹₹34.51₹32.14₹43.02₹48.48₹46.21₹50.66₹63.32₹54.76₹26.66₹48.00₹54.28₹57.94
FilingNSENSENSENSENSENSENSENSENSEFilingFiling

₹ crore except per share, consolidated, from the audited results for each year, linked. A year marked * is the sum of its four quarters as filed, because no audited year could be read. Operating profit, OPM and tax % are arithmetic on the filed lines. TTM is the sum of the last four quarters.

Balance sheet at year end

FY2025FY2026TTM
Equity capital442443443
Reserves26,91929,17329,173
Equity, owners of the parent27,36229,61529,615
Non-controlling interest430462462
Borrowings2,0252,1862,186
Total liabilities16,70319,29219,292
Fixed assets2,3802,4262,426
Capital work in progress212727
Goodwill and intangibles10,04810,42610,426
Investments3,1283,3713,371
Inventories39104104
Receivables11,54713,35813,358
Cash and bank balances4,5425,1055,105
Total assets44,49449,36949,369
FilingFilingFiling

From the statement of assets and liabilities in the audited fourth-quarter filing, which the exchange carries from FY2025; the TTM column is the latest half-year or year-end statement. Borrowings, investments and cash each add the current and non-current lines as filed.

Cash flows

FY2025FY2026
Cash from operating activities5,7866,172
Purchase of fixed assets594696
Free cash flow5,1925,476
Cash from investing activities-23-409
Borrowings raised-1,043-434
Borrowings repaid320
Dividends paid3,8424,026
Interest paid264208
Buyback00
Cash from financing activities-5,799-5,130
Net change in cash-29728
FilingFilingFiling

From the cash flow statement in the audited fourth-quarter filing, which the exchange carries from FY2025. Free cash flow is cash from operations less the purchase of fixed assets, arithmetic on the two filed lines.

Compounded growth

10 years5 years3 yearsTTM
Sales growth, compounded7.9%8.5%2.2%11.0%
Profit growth, compounded4.7%2.0%-0.4%14.3%
Return on equity, averagen/a15.6%13.8%16.2%

Compounded growth is the latest fiscal year over the year that many years earlier, annualised; the TTM column is the last four quarters over the four before. Return on equity is net profit over shareholders' equity at each year end, averaged over the window (the TTM column is the latest year alone); equity is the owners' equity from the balance sheet, or paid-up capital plus reserves where the older feed carries only those. Arithmetic on filed numbers, nothing forecast.

Segments, Q1 FY2027

SegmentRevenue
₹ crore
Share
of segment revenue
Result
₹ crore
Result
over revenue
IT13,24584.3%2,90321.9%
BPS2,46715.7%43817.7%

Segment revenue and segment result as the company filed them, before inter-segment eliminations; share and result over revenue are arithmetic on those.

Shareholding pattern

Quarter
ended
PromoterChange
points
Of it
encumbered
Mutual
funds
FPIsInsurersDomestic
institutions
Retail
to ₹2 lakh
HoldersFiling
30 June 202634.97%+0.00n/a19.14%18.66%14.81%36.92%6.18%744,161XBRL
31 March 202634.97%-0.01n/a19.06%18.59%15.36%37.33%6.36%738,055XBRL
31 December 202534.98%+0.00n/a19.88%17.94%15.44%37.79%6.48%739,883XBRL
30 September 202534.98%-0.02n/a17.56%20.60%14.82%34.64%6.73%766,782XBRL
30 June 202535.00%-0.01n/a16.51%23.28%13.59%32.13%6.59%748,176XBRL
31 March 202535.01%+0.000.00%17.19%22.95%13.06%32.12%6.73%761,701XBRL
31 December 202435.01%-0.020.00%16.02%24.20%13.06%30.74%6.83%761,383XBRL
30 September 202435.03%n/a0.00%15.81%23.66%13.76%31.00%7.04%774,997XBRL

Percentages are of the total share count, as the company filed them under Regulation 31. Encumbered is the part of the promoters' own holding that is pledged, under a non-disposal undertaking or otherwise encumbered. All domestic institutions includes mutual funds, insurers, banks, pension funds and AIFs. Retail is resident individuals holding up to ₹2 lakh of nominal capital. Each row links to the filing.

The shareholding pattern, quarter by quarter, on its own page

Peers: Information Technology

CompanyMarket capP/EROEOPMSales growth
TTM
PromoterDiv. yield
Tata Consultancy Services Ltd. TCS₹7,61,607 cr15.2946.7%26.9%7.7%71.8%n/a
Infosys Ltd. INFY₹4,16,013 cr13.8932.7%23.7%11.2%13.8%n/a
HCL Technologies Ltd. HCLTECH₹3,44,744 cr19.7423.2%20.5%14.7%60.9%n/a
Wipro Ltd. WIPRO₹1,60,638 cr13.1515.1%19.2%6.4%72.6%n/a
Tech Mahindra Ltd. TECHM₹1,52,066 cr26.7817.4%16.6%11.0%35.0%n/a
LTM Ltd. LTM₹1,23,344 cr23.5721.6%18.1%13.9%68.5%n/a

The names on this site in the same industry (the exchange's industry for the index), by market capitalisation. Each figure is the same arithmetic as the ratio box above, on each company's own filings and latest close.

Filings

FilingPeriodFiledWhere
Quarterly results30 June 202616 July 2026NSE
Quarterly results31 March 202622 April 2026NSE
Quarterly results31 December 202516 January 2026NSE
Quarterly results30 September 202514 October 2025NSE
Quarterly results30 June 202516 July 2025NSE
Quarterly results31 March 202524 April 2025NSE
Quarterly results31 December 202417 January 2025NSE
Quarterly results30 September 202419 October 2024NSE
Quarterly results30 June 202425 July 2024NSE
Quarterly results31 March 202425 April 2024NSE

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