Valuation: Tech Mahindra Limited

Capitalization 1,340B 14.75B 12.45B 11.35B 10.82B 20.11B 20.86B 132B 52.43B 645B 55.33B 54.19B 2,264B P/E ratio 2026 *
26.3x
P/E ratio 2027 * 20x
Enterprise value 1,285B 14.15B 11.94B 10.89B 10.38B 19.29B 20.01B 127B 50.29B 619B 53.07B 51.98B 2,172B EV / Sales 2026 *
2.28x
EV / Sales 2027 * 2.1x
Free-Float
63.74%
Yield 2026 *
3.3%
Yield 2027 * 3.95%
1 day+1.13%
1 week-6.98%
Current month-12.24%
1 month-10.97%
3 months+5.30%
6 months+3.98%
Current year-3.84%
1 week 1,464.4
Extreme 1464.4
1,658
1 month 1,464.4
Extreme 1464.4
1,854
Current year 1,464.4
Extreme 1464.4
1,854
1 year 1,209.4
Extreme 1209.4
1,854
3 years 981.05
Extreme 981.05
1,854
5 years 915
Extreme 915
1,854
10 years 356.65
Extreme 356.65
1,854
Manager TitleAgeSince
Chief Executive Officer 51 19/12/2023
Director of Finance/CFO - 31/10/2020
Chief Tech/Sci/R&D Officer - 30/04/2023
Director TitleAgeSince
Chairman 71 18/09/1995
Director/Board Member 53 18/04/2019
Director/Board Member 55 31/07/2019
Change 5d. change 1-year change 3-years change Capi.($)
+1.16%-6.98%-8.12%+35.48% 15B
+1.10%-11.46%+0.42%+94.36% 245B
+0.98%-5.29%-42.21%-20.27% 138B
+1.28%-8.17%-29.81%-21.72% 108B
+1.02%-6.40%-31.17%-6.76% 85.4B
+5.42%+3.60%-2.83%+10.88% 62.38B
+3.04%-6.09%-23.65%-11.19% 61.15B
-3.68%+1.92%-46.62%-12.48% 55.61B
-3.07%-10.50%+18.96%+108.53% 43.75B
+1.85%-5.41%-12.98%+34.11% 43.47B
Average +0.89%-5.48%-17.80%+21.09% 85.75B
Weighted average by Cap. +1.05%-7.18%-18.26%+27.40%

Financials

2026 *2027 *
Net sales 563B 6.2B 5.23B 4.77B 4.55B 8.46B 8.77B 55.48B 22.05B 271B 23.27B 22.79B 952B 606B 6.68B 5.63B 5.14B 4.9B 9.1B 9.44B 59.72B 23.74B 292B 25.05B 24.53B 1,025B
Net income 50.51B 556M 469M 428M 408M 758M 787M 4.97B 1.98B 24.32B 2.09B 2.04B 85.38B 67.13B 739M 624M 569M 542M 1.01B 1.05B 6.61B 2.63B 32.32B 2.77B 2.72B 113B
Net Debt -54.71B -603M -508M -464M -442M -821M -852M -5.39B -2.14B -26.34B -2.26B -2.21B -92.48B -66.54B -733M -618M -564M -538M -999M -1.04B -6.55B -2.6B -32.03B -2.75B -2.69B -112B
Logo Tech Mahindra Limited
Tech Mahindra Limited is one of India's leading IT service providers. Net sales break down by activity as follows: - IT services (89.9%): consulting and engineering services, software publishing, outsourcing, architectural development and deployment, management of application management, development of network infrastructures, data security, cloud computing, etc. ; - business process outsourcing services (10.1%). Net sales break down as follows: telecommunications (39.7%), manufacturing industries (16.4%), financial services (16.1%), technology, media and entertainment (9.4%), distribution, transport and logistics (7.6%) and other (10.8%). Net sales are distributed geographically as follows: India (6.8%), the Americas (47.5%), Europe (26%) and other (19.7%).
Employees
119,343
Date Price Change Volume
17/02/26 1,530.30 +1.16% 474,515
16/02/26 1,512.70 -1.41% 1,873,472
13/02/26 1,534.40 -0.14% 7,058,376
12/02/26 1,536.60 -5.98% 5,343,729
11/02/26 1,634.40 -0.62% 1,521,823
Trader
Investor
Global
Quality
ESG MSCI
A
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
40
Last Close Price
1,512.70INR
Average target price
1,768.39INR
Spread / Average Target
+16.90%

Quarterly revenue - Rate of surprise