Comparison · NSE · data 2026-10-31
Infosys Limited vs Tech Mahindra Limited
In plain words
Size: Infosys Limited is about 2.7 times the market value of Tech Mahindra Limited.
Valuation (P/E): Tech Mahindra Limited 28.8 vs Infosys Limited 15.7.
Return on equity: Infosys Limited 31.2% vs Tech Mahindra Limited 16.9%.
Profit growth over 3 years: Infosys Limited 6.9% a year vs Tech Mahindra Limited -0.1% a year.
Debt to equity: Infosys Limited 0.1 vs Tech Mahindra Limited 0.07.
Differences in the numbers, not a recommendation of either stock.
Side by side
| INFY | TECHM | |
|---|---|---|
| Price | ₹1,185 | ₹1,790.8 |
| Market cap | ₹4,79,688 cr | ₹1,75,672 cr |
| P/E | 15.7 | 28.8 |
| P/B | 4.8 | 5.4 |
| ROE | 31.2% | 16.9% |
| ROCE | 36.2% | 21.2% |
| Debt / equity | 0.1 | 0.07 |
| Operating margin | 20.7% | 14.1% |
| Dividend yield | 4.06% | 2.85% |
| Sales growth, 3 years (yearly) | 6.8% | 2.2% |
| Profit growth, 3 years (yearly) | 6.9% | -0.1% |
| 1-year return | -21.4% | 23.2% |
| Revenue, last 12 months | ₹1,89,336 cr | ₹61,361 cr |
| Net profit, last 12 months | ₹30,747 cr | ₹5,527 cr |
| Latest quarter | Mar 2025 | Jun 2024 |
| Quarter net profit | ₹7,033 cr | ₹865 cr |
| Quarter profit vs a year earlier | — | — |
| Promoter holding | 14.38% | 34.97% |
| Health check | Average (6/10) | Average (6.2/10) |
Common questions
Which has a higher P/E, Infosys Limited or Tech Mahindra Limited?
Tech Mahindra Limited trades at the higher P/E (28.8 against 15.7). A higher P/E means the market pays more for each rupee of past earnings; on its own it does not say which is better.
Which earns a higher return on equity?
Infosys Limited (31.2% against 16.9%).
Which carries more debt?
Infosys Limited has the higher debt-to-equity ratio (0.1 against 0.07).