Tech Mahindra Share Price

  • 1,432.2519.21 (1.36%)
  • Volume: 42,86,657
  • Closed
  • Last Updated On: 27 Jun, 2024, 04:05 PM IST
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Tech Mahindra Share Pri...

  • 1,432.2519.21 (1.36%)
  • Volume: 42,86,657
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Tech Mahindra share price insights

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  • In the last 17 years, only 2.11 % trading sessions saw intraday gains higher than 5 % .

  • Sales de-grew by 2.47%. Company witnessed revenue contraction for the first time in last 3 years. (Source: Consolidated Financials)

  • Stock gave a 3 year return of 36.11% as compared to Nifty 100 which gave a return of 52.57%. (as of last trading session)

  • Company has spent less than 1% of its operating revenues towards interest expenses and 56.02% towards employee cost in the year ending 31 Mar, 2024. (Source: Consolidated Financials)

  • Tech Mahindra Ltd. share price moved up by 1.36% from its previous close of Rs 1,413.05. Tech Mahindra Ltd. stock last traded price is 1,432.25

    Share PriceValue
    Today/Current/Last1,432.25
    Previous Day1,413.051,412.50

InsightsTech Mahindra

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    Key Metrics

    PE Ratio
    (x)    		59.33
    EPS - TTM
    (₹)    		24.14
    MCap
    (₹ Cr.)    		1,38,020
    Sectoral MCap Rank
    		6
    PB Ratio
    (x)    		5.08
    Div Yield
    (%)    		2.79
    Face Value
    (₹)    		5.00
    Beta

    Beta

    1 Month0.93
    3 Months0.39
    6 Months0.17
    1 Year0.59
    3 Years0.56

    		0.93
    VWAP
    (₹)    		1,426.00
    52W H/L
    (₹)
    1,443.80 / 1,082.30

    Tech Mahindra Share Price Returns

    1 Day1.36%
    1 Week2.81%
    1 Month7.71%
    3 Months14.23%
    1 Year27.91%
    3 Years31.46%
    5 Years104.04%

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    Tech Mahindra News & Analysis

    View all Tech Mahindra Share News & Announcements

    Tech Mahindra Share Analysis

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    Tech Mahindra Share Recommendations

    Recent Recos

    HOLD

    Current

    Mean Recos by 39 Analysts

    Strong
    Sell    SellHoldBuyStrong
    Buy

    That's all for Tech Mahindra recommendations. Check out other stock recos.

    Analyst Trends

    RatingsCurrent1 Week Ago1 Month Ago3 Months Ago
    Strong Buy1111115
    Buy8777
    Hold88810
    Sell10101012
    Strong Sell2222
    # Analysts39383836
    View all Stock Recommendations

    Tech Mahindra Financials

    • Income (P&L)

    • Balance Sheet

    • Cash Flow

    • Ratios

    • MD&A

    • Insights

      • Topline Contraction

        Sales de-grew by 2.47%. Company witnessed revenue contraction for the first time in last 3 years. (Source: Consolidated Financials)

      • Employee & Interest Expense

        Company has spent less than 1% of its operating revenues towards interest expenses and 56.02% towards employee cost in the year ending 31 Mar, 2024. (Source: Consolidated Financials)
      Quarterly | AnnualMar 2024Dec 2023Sep 2023Jun 2023Mar 2023
      Total Income13,244.8013,188.8413,128.1013,350.7014,023.70
      Total Income Growth (%)0.420.46-1.67-4.800.30
      Total Expenses12,233.6012,398.2712,406.8012,267.6012,400.40
      Total Expenses Growth (%)-1.33-0.071.13-1.072.58
      EBIT1,011.20790.56721.301,083.101,623.30
      EBIT Growth (%)27.919.60-33.40-33.28-14.25
      Profit after Tax (PAT)661.00510.46493.90692.501,117.70
      PAT Growth (%)29.493.35-28.68-38.04-13.80
      EBIT Margin (%)7.635.995.498.1111.58
      Net Profit Margin (%)4.993.873.765.197.97
      Basic EPS (₹)7.485.775.597.8412.67
      Quarterly | AnnualMar 2024Dec 2023Sep 2023Jun 2023Mar 2023
      Total Income10,683.7010,816.6010,953.3010,898.2011,018.10
      Total Income Growth (%)-1.23-1.250.51-1.09-2.98
      Total Expenses9,917.2010,199.5010,308.7010,115.3010,097.20
      Total Expenses Growth (%)-2.77-1.061.910.183.16
      EBIT766.50617.10644.60782.90920.90
      EBIT Growth (%)24.21-4.27-17.67-14.99-41.28
      Profit after Tax (PAT)527.40485.90555.80559.50676.70
      PAT Growth (%)8.54-12.58-0.66-17.32-43.81
      EBIT Margin (%)7.175.715.887.188.36
      Net Profit Margin (%)4.944.495.075.136.14
      Basic EPS (₹)5.394.975.685.726.93
      Quarterly | Annual FY 2024 FY 2023 FY 2022 FY 2021 FY 2020
      Total Revenue52,912.4054,255.2045,758.3038,642.2038,060.10
      Total Revenue Growth (%)-2.4718.5718.421.537.89
      Total Expenses49,698.5047,780.7038,309.0032,690.5032,996.80
      Total Expenses Growth (%)4.0124.7217.19-0.9311.22
      Profit after Tax (PAT)2,357.804,831.305,566.104,428.004,033.00
      PAT Growth (%)-51.20-13.2025.709.79-6.16
      Operating Profit Margin (%)6.9312.7617.0416.1814.25
      Net Profit Margin (%)4.539.0612.4611.6910.93
      Basic EPS (₹)26.6654.7663.3250.6446.21
      Quarterly | Annual FY 2024 FY 2023 FY 2022 FY 2021 FY 2020
      Total Revenue43,351.8043,785.6036,248.9030,562.7031,591.60
      Total Revenue Growth (%)-0.9920.7918.61-3.2612.11
      Total Expenses40,787.1038,881.5029,964.3025,036.1026,259.40
      Total Expenses Growth (%)4.9029.7619.68-4.6615.41
      Profit after Tax (PAT)2,128.603,777.504,913.104,239.104,534.50
      PAT Growth (%)-43.65-23.1115.90-6.513.52
      Operating Profit Margin (%)6.6711.9218.2818.8518.47
      Net Profit Margin (%)5.058.8514.1414.3015.51
      Basic EPS (₹)21.7538.6950.4843.7646.89

      All figures in Rs Cr, unless mentioned otherwise

      View Details
    • Annual FY 2024 FY 2023 FY 2022 FY 2021 FY 2020
      Total Assets43,423.6046,153.3044,870.7039,678.0037,353.50
      Total Assets Growth (%)-5.912.8613.096.2211.68
      Total Liabilities16,276.8017,758.6016,259.2013,203.1013,916.80
      Total Liabilities Growth (%)-8.349.2223.15-5.1321.50
      Total Equity27,146.8028,394.7028,611.5026,474.9023,436.70
      Total Equity Growth (%)-4.39-0.768.0712.966.57
      Current Ratio (x)1.691.681.962.462.12
      Total Debt to Equity (x)0.060.060.060.070.11
      Contingent Liabilities0.009,925.8010,942.607,013.006,867.90
      Annual FY 2024 FY 2023 FY 2022 FY 2021 FY 2020
      Total Assets34,663.7036,035.2035,004.8033,374.7030,322.00
      Total Assets Growth (%)-3.812.944.8810.07-0.06
      Total Liabilities11,493.2010,831.307,925.207,128.506,818.20
      Total Liabilities Growth (%)6.1136.6711.184.55-19.42
      Total Equity23,170.5025,203.9027,079.6026,246.2023,503.80
      Total Equity Growth (%)-8.07-6.933.1811.677.43
      Current Ratio (x)1.671.812.563.363.16
      Total Debt to Equity (x)0.110.000.000.000.00
      Contingent Liabilities0.0010,596.707,644.907,853.607,816.10

      All figures in Rs Cr, unless mentioned otherwise

      View Details

    • Insights

      • Increase in Cash from Investing

        Company has used Rs 1313.7 cr for investing activities which is an YoY increase of 371.71%. (Source: Consolidated Financials)
      Annual FY 2024 FY 2023 FY 2022 FY 2021 FY 2020
      Net Cash flow from Operating Activities6,376.375,572.005,285.308,093.804,358.10
      Net Cash used in Investing Activities-1,313.70-278.50481.50-5,450.101,028.60
      Net Cash flow from Financing Activities-4,767.19-5,078.10-4,666.60-2,986.90-4,465.50
      Net Cash Flow290.78267.401,098.50-326.30974.00
      Closing Cash & Cash Equivalent4,347.104,056.303,788.902,690.403,016.70
      Closing Cash & Cash Equivalent Growth (%)7.177.0640.83-10.8247.68
      Total Debt/ CFO (x)0.240.280.300.210.56
      Annual FY 2024 FY 2023 FY 2022 FY 2021 FY 2020
      Net Cash flow from Operating Activities5,005.304,102.102,969.406,851.902,380.40
      Net Cash used in Investing Activities47.23676.801,672.20-5,620.803,252.10
      Net Cash flow from Financing Activities-4,727.31-4,991.50-4,457.10-2,066.10-4,842.40
      Net Cash Flow321.22-155.50206.40-815.80843.90
      Closing Cash & Cash Equivalent1,415.201,094.001,194.40988.001,803.80
      Closing Cash & Cash Equivalent Growth (%)29.36-8.4120.89-45.2388.27
      Total Debt/ CFO (x)0.530.000.000.000.00

      All figures in Rs Cr, unless mentioned otherwise

      View Details
    • Annual FY 2024 FY 2023 FY 2022 FY 2021 FY 2020
      Return on Equity (%)8.8417.3020.7017.8118.48
      Return on Capital Employed (%)12.1921.5123.5120.8319.88
      Return on Assets (%)5.4210.4612.4011.1510.79
      Interest Coverage Ratio (x)13.8327.6256.1643.5827.39
      Asset Turnover Ratio (x)1.161.050.930.8498.69
      Price to Earnings (x)46.9520.0823.6419.5712.21
      Price to Book (x)4.143.474.893.482.26
      EV/EBITDA (x)19.8510.5414.2011.327.30
      EBITDA Margin (%)10.4316.8720.4520.0318.17
      Annual FY 2024 FY 2023 FY 2022 FY 2021 FY 2020
      Return on Equity (%)9.1815.2119.0016.9420.35
      Return on Capital Employed (%)11.4219.2322.3720.3921.93
      Return on Assets (%)6.1410.4814.0312.7014.95
      Interest Coverage Ratio (x)14.7232.62110.1998.9380.94
      Asset Turnover Ratio (x)1.191.201.020.9396.38
      Price to Earnings (x)57.4728.4929.6722.6812.03
      Price to Book (x)5.274.325.643.842.45
      EV/EBITDA (x)33.9918.0020.6015.188.69
      EBITDA Margin (%)8.6113.8220.1821.0920.75

    • MANAGEMENT DISCUSSION AND ANALYSIS (FY 19-20)

      • Revival in IT spends

        FY20 began with the digital transformation trend gaining further momentum, leading to substantial growth in our portfolio. Across the dynamic global business landscape, disruptive emerging technologies continued to drive IT spends. The year saw the revival of IT-modernisation spends in the market, subdued in the past few years. We saw resurgence of multi-year large outsourcing contracts as clients crystalized their transformation roadmaps.

      • Some sector may witness slow down

        Airlines, Transportation, Tourism, Hospitality sectors, followed by Retail may hold their IT projects but can expect an aggressive push for cost reduction from vendors, but increased demand for cyber security and contact centres in the near term

      • Merger and acquisition risks

        The Company acquired multiple companies in the past years. M&As and its integrations, by nature, involve risks like failure to achieve strategic objectives, offset financial loss, cultural and financial integration etc.

    Financial InsightsTech Mahindra

    • Income (P&L)
    • Cash Flow

      • Topline Contraction

        Sales de-grew by 2.47%. Company witnessed revenue contraction for the first time in last 3 years. (Source: Consolidated Financials)

      • Employee & Interest Expense

        Company has spent less than 1% of its operating revenues towards interest expenses and 56.02% towards employee cost in the year ending 31 Mar, 2024. (Source: Consolidated Financials)

      • Increase in Cash from Investing

        Company has used Rs 1313.7 cr for investing activities which is an YoY increase of 371.71%. (Source: Consolidated Financials)

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    Tech Mahindra Share Price Forecast

    • PRICE

    • REVENUE

    • EARNINGS

    • Get multiple analysts’ prediction on Tech Mahindra

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      • Details about company earnings
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    Tech Mahindra Peer Comparison

    • Tech Mahindra Stock Performance

    • Ratio Performance

      • CHART
      • TABLE

      Insights

      • Stock Returns vs Nifty 100

        Stock gave a 3 year return of 36.11% as compared to Nifty 100 which gave a return of 52.57%. (as of last trading session)

      • Stock Returns vs Nifty IT

        Stock generated 36.11% return as compared to Nifty IT which gave investors 27.71% return over 3 year time period. (as of last trading session)

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        • Insights

          • Stock Returns vs Nifty 100

            Stock gave a 3 year return of 36.11% as compared to Nifty 100 which gave a return of 52.57%. (as of last trading session)

          • Stock Returns vs Nifty IT

            Stock generated 36.11% return as compared to Nifty IT which gave investors 27.71% return over 3 year time period. (as of last trading session)

          Ratio Performance

          NAMEP/E (x)P/B (x)ROE %ROCE %ROA %Rev CAGR [3Yr]OPMNPMBasic EPSCurrent RatioTotal Debt/ Equity (x)Total Debt/ CFO (x)
          Tech Mahindra58.545.088.8412.195.4210.936.934.5826.661.690.060.24
          TCS30.3915.2850.7363.5131.3413.4626.4519.13125.882.450.000.00
          Infosys24.387.2329.7736.8119.0315.3823.7217.0863.392.310.000.00
          HCL Tech24.955.7423.0027.9215.7313.3019.5714.2957.992.610.030.10
          Wipro23.433.4714.8117.869.6212.6917.8212.4020.892.580.190.80
          Add More
          Annual Ratios (%)

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            Peers InsightsTech Mahindra

            • Stock Returns vs Nifty 100

              Stock gave a 3 year return of 36.11% as compared to Nifty 100 which gave a return of 52.57%. (as of last trading session)

            • Stock Returns vs Nifty IT

              Stock generated 36.11% return as compared to Nifty IT which gave investors 27.71% return over 3 year time period. (as of last trading session)

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            Tech Mahindra Shareholding Pattern

            • QOQ Change

            • Total Shareholdings

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              Showing Tech Mahindra Shareholding as on 31 Mar 2024
              Category31 Mar 202431 Dec 202330 Sep 202330 Jun 2023
              Promoters35.0935.1135.1335.16
              Pledge0.000.000.000.00
              FII24.1524.5826.2225.69
              DII29.4228.8826.8826.68
              Mutual Funds14.0014.2412.3612.83
              Others11.3411.4311.7612.46
            • Showing Shareholding as on 31 Mar 2024
              CategoryNo. of SharesPercentage% Change QoQ
              Promoters34,26,99,33235.09 %-0.01
              Pledge00.00 %0.00
              FII23,58,88,65624.15 %-0.42
              DII28,73,82,44429.42 %0.54
              MF13,67,90,18714.00 %-0.24
              Others11,07,88,09111.34 %-0.09

            MF Ownership

            MF Ownership as on 31 May 2024

            View all Mutual Fund Schemes

            Top Searches:

            Tech Mahindra News Tech Mahindra Quarterly Results Tech Mahindra Dividend Tech Mahindra Q1 ResultsTech Mahindra Q2 ResultsTech Mahindra Q3 ResultsTech Mahindra Q4 Results

            Tech Mahindra F&O Quote

            • Futures

            • Options

            Corporate Actions

            • Tech Mahindra Board Meeting/AGM

            • Tech Mahindra Dividends

            • Others
            • Meeting DateAnnounced onPurposeDetails
              Apr 25, 2024Mar 28, 2024Board MeetingAudited Results & Final Dividend
              Jan 24, 2024Dec 27, 2023Board MeetingQuarterly Results
              Oct 25, 2023Oct 19, 2023Board MeetingQuarterly Results & Interim Dividend
              Jul 27, 2023Apr 27, 2023AGMBook closure from 22 Jul, 2023 to 27 Jul, 2023
              Jul 26, 2023Jun 30, 2023Board MeetingAudited Results
            • TypeDividendDividend per ShareEx-Dividend DateAnnounced on
              Interim240%12.0Nov 02, 2023Oct 20, 2023
              Final640%32.0Jul 21, 2023Apr 27, 2023
              Interim0%0.0Nov 09, 2022Oct 25, 2022
              Special360%18.0Nov 09, 2022Oct 25, 2022
              Final560%28.0-Apr 25, 2024
            • All TypesEx-DateRecord DateAnnounced onDetails
              SplitsMar 19, 2015Mar 20, 2015Jan 30, 2015Split: Old FV10.0| New FV:5.0
              BonusMar 19, 2015Mar 20, 2015Jan 30, 2015Bonus Ratio: 1 share(s) for every 1 shares held

            About Tech Mahindra

            Tech Mahindra Ltd., incorporated in the year 1986, is a Large Cap company (having a market cap of Rs 138,020.86 Crore) operating in IT Software sector. Tech Mahindra Ltd. key Products/Revenue Segments include Software Services for the year ending 31-Mar-2022. Show More

            • Executives

            • Auditors

            • AG

              Anand G Mahindra

              Non Executive Chairman
              CP

              C P Gurnani

              Managing Director & CEO
              AS

              Anish Shah

              Non Executive Director
              MB

              Manoj Bhat

              Non Executive Director
              HK

              Haigreve Khaitan

              Independent Director
              MR

              M Rajyalakshmi Rao

              Independent Director
              Show More
            • B S R & Co. LLP

            Industry

            IT Consulting & Software - Large Cap

            Key Indices Listed on

            Nifty 50, BSE Sensex, Nifty IT, + 35 more

            Address

            Gateway Building,Apollo Bunder,Mumbai, Maharashtra - 400001

            Contact

            [email protected]

            http://www.techmahindra.com

            More Details

            Brands

            Tech Mahindra

            FAQs about Tech Mahindra share

            • 1. What's the Tech Mahindra share price today?
              As on 27 Jun, 2024, 04:05 PM IST Tech Mahindra share price was up by 1.36% basis the previous closing price of Rs 1,427.75. Tech Mahindra share price was Rs 1,432.25. Return Performance of Tech Mahindra Shares:
              • 1 Week: Tech Mahindra share price moved up by 2.81%
              • 1 Month: Tech Mahindra share price moved up by 7.71%
              • 3 Month: Tech Mahindra share price moved up by 14.23%
              • 6 Month: Tech Mahindra share price moved up by 11.88%
            • 2. Is Tech Mahindra giving dividend?
              Tech Mahindra Ltd. announced an equity dividend of 240% on a face value of 5.0 amounting to Rs 12 per share on 20 Oct 2023. The ex dividend date was 02 Nov 2023.
            • 3. What are the returns for Tech Mahindra share?
              Return Performance of Tech Mahindra Shares:
              • 1 Week: Tech Mahindra share price moved up by 2.81%
              • 1 Month: Tech Mahindra share price moved up by 7.71%
              • 3 Month: Tech Mahindra share price moved up by 14.23%
              • 6 Month: Tech Mahindra share price moved up by 11.88%
            • 4. Who's the chairman of Tech Mahindra?
              Anand G Mahindra is the Non Executive Chairman of Tech Mahindra
            • 5. What is Tech Mahindra's 52 week high / low?
              52 Week high of Tech Mahindra share is Rs 1,443.80 while 52 week low is Rs 1,082.30
            • 6. Is Tech Mahindra a good buy?
              As per Refinitiv (erstwhile Thomson Reuters), overall mean recommendation by 38 analysts for Tech Mahindra stock is to Hold. Recommendation breakup is as follows
              • 11 analysts are recommending Strong Buy
              • 7 analysts are recommending to Buy
              • 8 analysts are recommending to Hold
              • 10 analysts are recommending to Sell
              • 2 analysts are recommending Strong Sell
            • 7. What is the CAGR of Tech Mahindra?
              The CAGR of Tech Mahindra is 8.26.
            • 8. Who owns Tech Mahindra?
                • Promoter holding have gone down from 35.16 (30 Jun 2023) to 35.09 (31 Mar 2024)
                • Domestic Institutional Investors holding has gone up from 26.68 (30 Jun 2023) to 29.42 (31 Mar 2024)
                • Foreign Institutional Investors holding have gone down from 25.69 (30 Jun 2023) to 24.15 (31 Mar 2024)
                • Other investor holding have gone down from 12.46 (30 Jun 2023) to 11.34 (31 Mar 2024)
            • 9. What are the key metrics to analyse Tech Mahindra Share Price?
              Key Metrics for Tech Mahindra are:
              • PE Ratio of Tech Mahindra is 59.33
              • Price/Sales ratio of Tech Mahindra is 2.12
              • Price to Book ratio of Tech Mahindra is 5.08
            • 10. What are the Tech Mahindra quarterly results?
              Total Revenue and Earning for Tech Mahindra for the year ending 2024-03-31 was Rs 52912.40 Cr and Rs 2357.80 Cr on Consolidated basis. Last Quarter 2024-03-31, Tech Mahindra reported an income of Rs 13244.80 Cr and profit of Rs 661.00 Cr.
            • 11. What is the PE & PB ratio of Tech Mahindra?
              The PE ratio of Tech Mahindra stands at 58.54, while the PB ratio is 4.59.
            • 12. What's the market capitalization of Tech Mahindra?
              Market Capitalization of Tech Mahindra stock is Rs 1,38,021 Cr.
            • 13. Who are the peers for Tech Mahindra in IT Software sector?
              Within IT Software sector Tech Mahindra, Wipro Ltd., HCL Technologies Ltd., Infosys Ltd. and Tata Consultancy Services Ltd. are usually compared together by investors for analysis.
            • 14. Who is the Chief Executive Officer of Tech Mahindra?
              C P Gurnani is the Managing Director & CEO of Tech Mahindra

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