Full text
Earnings transcript
Read the complete earnings call transcript.
TECH
TECHM.BO
Tech Mahindra Limited
$1789.4
-35.6
(-1.95%)
| Exchange: | BSE |
| Market Cap: | 1.586T |
| Shares Outstanding: | 878.977M |
Delayed data
About The Company
| Sector: | TechnologyView sector performance | |||||
| Industry: | Information Technology ServicesView industry performance | |||||
| CEO: | Mohit Joshi | |||||
| Full Time Employees: | 147623 | |||||
| Address: |
| |||||
| Website: | https://www.techmahindra.com |
Tech Mahindra Limited, established in Pune, India, in 1986, operates as a global provider of information technology (IT) services and solutions. Its operations span the Americas, Europe, India, and other international markets, organized primarily into IT Business and Business Process Outsourcing (BPO) segments. The company’s comprehensive service portfolio includes infrastructure and cloud management, encompassing solutions like cloud computing, FLEX Digital workplace, enterprise networking, data center services, and robust enterprise security. Tech Mahindra also delivers specialized offerings such as network services, integrated engineering solutions, SAP implementations, and advanced data analytics. Further expanding its capabilities, it provides expertise in customer experience design, sustainability-as-a-service, rigorous testing, performance engineering, Oracle solutions, artificial intelligence (AI), digital supply chain optimization, business process management, business excellence initiatives, telecom product engineering, cybersecurity, and intelligent automation. Catering to a broad array of industries globally, the company serves sectors including communications; banking, financial, and insurance; energy and utilities; media and entertainment; health and life sciences; high-tech; professional services; manufacturing; retail and consumer goods; travel, transportation, hospitality, and logistics; oil and gas; and public and government.
Click to read more…
Revenue Segmentation
Industry Peers
| TICKER | COMPANY | MKT CAP | P/E | FWD P/E | ROIC |
|---|---|---|---|---|---|
 TECHM.BO | Tech Mahindra Limited | 1.59T | 28.7 | 2,926 | 17.7% |
 IBM | International Business Machines Corpor… | 238.9B | 20.3 | 20.5 | 10.4% |
 ACN | Accenture plc | 152.6B | 16.8 | 18.0 | 16.8% |
 INFY | Infosys Limited | 50.1B | 15.7 | 16.3 | 26.7% |
 CTSH | Cognizant Technology Solutions Corpora… | 31.8B | 14.2 | 12.3 | 12.3% |
 FISV | Fiserv, Inc. | 26.5B | 9.1 | 6.9 | 6.5% |
EPS
Historical EPS and analyst estimates in one chart. Log in for the full interactive view and links to detailed estimates.
Earnings Call
AI summary
Key takeaways
Short, structured highlights from the call so you can focus on what matters.
Log in to continue
Log in to read the full transcript and AI-generated earnings summaries.
Login — it's freeIncome Statement
| Year | 2024 | 2025 | 2026 |
|---|---|---|---|
| Revenue | 519,955,000 | 529,883,000 | 568,154,000 |
| Gross Profit | 154,366,000 | 167,325,000 | 202,369,000 |
| EBITDA | 49,969,000 | 70,174,000 | 90,645,000 |
| Operating Income | 148,690,000 | 163,819,000 | 71,525,000 |
| Net Income | 23,578,000 | 42,515,000 | 48,109,000 |
(* All numbers are in thousands)
Balance Sheet
| Year | 2024 | 2025 | 2026 |
|---|---|---|---|
| Total Assets | 434,236,000 | 444,945,000 | 493,694,000 |
| Total Liabilities | 162,768,000 | 167,028,000 | 192,924,000 |
| Total Stockholders Equity | 266,694,000 | 273,615,000 | 296,154,000 |
| Total Debt | 25,367,000 | 20,252,000 | 21,862,000 |
| Cash and Cash Equivalents | 43,471,000 | 43,185,000 | 50,461,000 |
(* All numbers are in thousands)
Cash Flow Statement
| Year | 2024 | 2025 | 2026 |
|---|---|---|---|
| Operating Cash Flow | 63,764,000 | 57,857,000 | 61,720,000 |
| Capital Expenditure | -7,911,000 | -5,935,000 | -6,957,000 |
| Free Cash Flow | 55,853,000 | 51,922,000 | 54,763,000 |
| Net Income | 23,578,000 | 42,515,000 | 65,731,000 |
| Net Change in Cash | 2,908,000 | -286,000 | 7,276,000 |
(* All numbers are in thousands)
Analyst Estimates
| Fiscal Year | 2030 | Research Access | Research Access | Research Access | Research Access |
|---|---|---|---|---|---|
| Estimated Revenue (Low) | 758,378,108.174 | Research Access | Research Access | Research Access | Research Access |
| Estimated Revenue (High) | 814,468,574.711 | Research Access | Research Access | Research Access | Research Access |
| Estimated Revenue (Avg) | 786,701,000 | Research Access | Research Access | Research Access | Research Access |
| Estimated Ebitda (Low) | 149,577,916.879 | Research Access | Research Access | Research Access | Research Access |
| Estimated Ebitda (High) | 162,370,450.468 | Research Access | Research Access | Research Access | Research Access |
| Estimated Ebitda (Avg) | 156,037,508.990 | Research Access | Research Access | Research Access | Research Access |
| Estimated Net Income (Low) | 96,893,713.553 | Research Access | Research Access | Research Access | Research Access |
| Estimated Net Income (High) | 106,315,543.210 | Research Access | Research Access | Research Access | Research Access |
| Estimated Net Income (Avg) | 101,651,268.114 | Research Access | Research Access | Research Access | Research Access |
| Estimated SGA Expense (Low) | 24,146,335.845 | Research Access | Research Access | Research Access | Research Access |
| Estimated SGA Expense (High) | 25,932,225.005 | Research Access | Research Access | Research Access | Research Access |
| Estimated SGA Expense (Avg) | 25,048,120.918 | Research Access | Research Access | Research Access | Research Access |
| Estimated EPS (Avg) | 114.500 | Research Access | Research Access | Research Access | Research Access |
| Estimated EPS (High) | 119.750 | Research Access | Research Access | Research Access | Research Access |
| Estimated EPS (Low) | 109.140 | Research Access | Research Access | Research Access | Research Access |
| Number of Analysts (Estimated Revenue) | 17 | Research Access | Research Access | Research Access | Research Access |
| Number of Analysts (Estimated EPS) | 21 | Research Access | Research Access | Research Access | Research Access |
Log in to continue
Log in and subscribe to Full Access to see up to 5 years of analyst estimates.
Login — it's free(* All numbers are in thousands)
Current Key Metrics
Log in to continue
Log in to see all key valuation metrics and ratios for this symbol.
Login — it's freeForward P/E Ratios
Log in to continue
Log in with Full Access for forward P/E high/low estimates and the full multi-year table.
Login — it's freeSWOT Analysis
At what price to buy it? -
Intrinsic Value Calculator
Based on current fundamentals and analyst forecasts, MarketSnap estimates TECHM.BO intrinsic value between $15.54 – $17.15 per share. This depends on revenue growth, margins, and discount rate.
This is an automatic estimate. The most reliable way to know fair value for your own assumptions is to run the calculator below.
Common questions about TECHM.BO valuation
Is Tech Mahindra Limited (TECHM.BO) overvalued or undervalued right now?
MarketSnap estimates intrinsic value for Tech Mahindra Limited (TECHM.BO) using its proprietary valuation methodology, which incorporates discounted cash flow (DCF) analysis together with long-term earnings and fundamentals assumptions. By comparing intrinsic value to the current market price, long-term investors can see whether the stock screens as potentially overvalued, fairly valued, or undervalued today.
Is TECHM.BO a buy, hold, or sell for long-term investors?
MarketSnap does not give one-word “buy” or “sell” calls. Instead, it shows whether TECHM.BO trades at a premium or discount to its estimated intrinsic value, how sensitive that value is to growth and margin assumptions, and how the stock fits into a diversified, long-term portfolio so investors can make their own buy, hold, or sell decision.
What is TECHM.BO’s P/E ratio?
You can see TECHM.BO’s trailing P/E (TTM) and forward P/E estimates in the Current Key Metrics and Forward P/E Ratios sections above. The P/E ratio compares the current share price to earnings per share and helps investors gauge valuation relative to earnings.
How is intrinsic value calculated for TECHM.BO?
MarketSnap uses its own valuation framework—not a generic spreadsheet DCF alone. Future cash flows and earnings are projected, discounted, and combined with MarketSnap’s methodology so intrinsic value reflects fundamentals and long-term assumptions. You can run your own inputs and see the result using the Intrinsic Value Calculator above.
Is TECHM.BO a good long-term investment?
Whether TECHM.BO fits a long-term portfolio depends on your assumptions about growth, margins, and risk. MarketSnap provides the metrics, intrinsic value calculator, and SWOT context so you can form your own view rather than rely on a single buy/sell rating.
TECHM.BO
1-day price chart preview. Log in for 1W through 5Y ranges and period tabs.
Daily snapshot
-1.95
Trading Metrics:
| Open: | 1833.3 | Previous Close: | 1825 | |
| Day Low: | 1780 | Day High: | 1845.95 | |
| Year Low: | 1209.7 | Year High: | 1850 | |
| Price Avg 50: | 1617.21 | Price Avg 200: | 1544.54 | |
| Volume: | 138101 | Average Volume: | 167140 |
Log in to continue
Log in for multi-period charts (1W–5Y), period tabs, and the same layout as members.
Login — it's free
