IT Services · Information Technology Services · NSE: TECHM · data 2026-11-01
Tech Mahindra Limited
In plain words
Price: 3.4% below its 52-week high of ₹1,854.
Delivery: 50.9% of traded shares were kept for delivery over the last 10 sessions, against 55.5% over the last 60.
Latest results: a net profit of ₹1,586 cr for the quarter ended Sept 2026 (+32.7% on the same quarter a year earlier).
A description of the data, not a recommendation.
Key figures
Growth
| Revenue (last 12 months) | ₹61,361 cr |
| Net profit (last 12 months) | ₹5,527 cr |
| Sales growth, 3 years (yearly) | 2.2% |
| Profit growth, 3 years (yearly) | -0.1% |
At a glance
Promoters 35.0% (unchanged in a year), pledged 0.0%, institutions 56.5%.
P/E 28.8, P/B 5.3, dividend yield 2.9%. Price relative to earnings and book value (low is cheaper, not better).
ROE 16.9%, ROCE 21.2%, operating margin 14.1%: how much profit it earns on the money it uses.
Debt/equity 0.07, Profit growth -0.1% and sales growth 2.2% a year over 3 years.
Ratings use fixed thresholds on the latest reported figures. They describe the numbers and are not a recommendation.
Strengths and limitations
- Virtually debt-free (debt/equity 0.1 or less).
- Pays a dividend yielding 2.9%.
- Profit fell 0.1% a year over 3 years.
- Slow sales growth (2.2% a year over 3 years).
Picked automatically from the latest reported figures with fixed rules; check the company's filings before relying on them.
Latest results in brief (Q2 FY27)
TECHM Q2 FY27 results (consolidated figures, as filed on NSE).
Revenue was ₹16,180.2 crore, up 15.6% YoY and up 3% QoQ.
Net profit was ₹1,585.6 crore, up 32.7% YoY and up 8.2% QoQ.
Operating margin was 17.8% (15.5% a year ago).
EPS was ₹17.88, up 32.6% YoY and up 8.2% QoQ.
TECHM के Q2 FY27 नतीजे (कंसोलिडेटेड आंकड़े, NSE पर दाखिल)।
राजस्व: ₹16,180.2 करोड़; पिछले साल की तुलना में 15.6% की बढ़त, पिछली तिमाही की तुलना में 3% की बढ़त।
शुद्ध मुनाफ़ा: ₹1,585.6 करोड़; पिछले साल की तुलना में 32.7% की बढ़त, पिछली तिमाही की तुलना में 8.2% की बढ़त।
ऑपरेटिंग मार्जिन: 17.8% (एक साल पहले 15.5%)।
EPS: ₹17.88; पिछले साल की तुलना में 32.6% की बढ़त, पिछली तिमाही की तुलना में 8.2% की बढ़त।
TECHMના Q2 FY27 પરિણામો (કન્સોલિડેટેડ આંકડા, NSE પર ફાઇલ કરેલા).
આવક (રેવન્યુ): ₹16,180.2 કરોડ; ગયા વર્ષની સરખામણીએ 15.6% વધારો, ગયા ક્વાર્ટરની સરખામણીએ 3% વધારો.
ચોખ્ખો નફો: ₹1,585.6 કરોડ; ગયા વર્ષની સરખામણીએ 32.7% વધારો, ગયા ક્વાર્ટરની સરખામણીએ 8.2% વધારો.
ઓપરેટિંગ માર્જિન: 17.8% (એક વર્ષ પહેલાં 15.5%).
EPS: ₹17.88; ગયા વર્ષની સરખામણીએ 32.6% વધારો, ગયા ક્વાર્ટરની સરખામણીએ 8.2% વધારો.
Written from the filed numbers. Not a recommendation.
Smart-money activity
47/100 · Building over the last ~60 sessions, data 2026-10-30
- Delivery vs usual 13/30: Delivery 45.4% over the last 20 sessions vs 59.8% in the 40 before (0.76x); shares delivered per day 1.5x usual; 1 delivery-spike day (3x usual shares delivered, 40%+ delivery) in the last 20 sessions.
- Bulk/block deals 0/20: No bulk or block deals in the last 90 days.
- Insider / SAST buys 6/15: 0 insider buy days (promoter group among them) and 1 SAST acquisition day in 90 days. Insider sells are not collected by the site, so only buy filings count.
- Mutual fund holding 15/15: 77 schemes hold it, about ₹11,944 cr in all (as of 2026-09-30). Latest monthly portfolios only (top 60 holdings per scheme); month-on-month change is not stored.
- Accumulation evidence 8/15: Verdict "Building", sustained score 55/100.
- Promoter pledges 5/5: No promoter pledge filings in 90 days.
A description of recorded activity (delivery, deals, insider buys, fund holding, pledges), not a recommendation. Today's most active stocks.
Story so far
● Dividend ● Insider
- 23 Oct 26Dividend Dividend ₹15 (ex-date) -1.9% next session
- 28 Sept 26Insider SAST disclosure: SBI Mutual fund under its Various S… acquired 2,54,865 shares -2.4% next session
- 3 Jul 26Dividend Dividend ₹36 (ex-date) -1.0% next session
- 20 Oct 25Dividend Dividend ₹15 (ex-date) +0.1% next session
- 4 Jul 25Dividend Dividend ₹30 (ex-date) -2.9% next session
From official exchange filings and NSE data. How the price moved after an event describes the past, not what comes next.
Quarterly results (consolidated)
| Quarter | Revenue | Net profit | Profit YoY | Op. margin | EPS ₹ |
|---|---|---|---|---|---|
| Sept 2026 | ₹16,180 cr | ₹1,586 cr | +32.7% | 17.8% | 17.88 |
| Jun 2026 | ₹15,712 cr | ₹1,465 cr | +28.4% | 17.5% | 16.53 |
| Mar 2026 | ₹15,076 cr | ₹1,354 cr | +18.9% | 17.0% | 15.27 |
| Dec 2025 | ₹14,393 cr | ₹1,114 cr | +12.7% | 16.4% | 12.66 |
Shareholding trend
| Holder | Sept 2026 | Jun 2026 | Mar 2026 | Dec 2025 |
|---|---|---|---|---|
| Promoters | 34.96% | 34.97% | 34.97% | 34.98% |
| Foreign institutions (FII) | 20.77% | 18.66% | 18.59% | 17.94% |
| Domestic institutions (DII) | 35.68% | 36.92% | 37.33% | 37.79% |
| Mutual funds | 19.35% | 19.14% | 19.06% | 19.88% |
| Retail investors | 6.03% | 6.18% | 6.36% | 6.48% |
| Number of shareholders | 7,18,233 | 7,44,161 | 7,38,055 | 7,39,883 |
Common questions
What was Tech Mahindra Limited's latest quarterly profit?
Tech Mahindra Limited reported a net profit of ₹1,586 cr for the quarter ended Sept 2026 (+32.7% on the same quarter a year earlier), on revenue of ₹16,180 cr.
How much do promoters hold in Tech Mahindra Limited?
Promoters held 34.96% of Tech Mahindra Limited at the end of Sept 2026, with 0.00% of promoter shares pledged.
Is Tech Mahindra Limited debt-free?
Its latest reported debt-to-equity ratio is 0.07, which is very low.
What is Tech Mahindra Limited's P/E ratio?
About 28.8, based on the last 12 months' earnings and a price of ₹1,790.8 (data 2026-11-01).
What is the 52-week high and low of Tech Mahindra Limited?
The 52-week high is ₹1,854 and the 52-week low is ₹1,304.1.
Mutual funds holding Tech Mahindra Limited
From the monthly portfolios of the fund houses the site reads, as of 2026-09-30. 77 schemes holding about ₹11,944 cr; funds that hold it outside their top holdings may not be listed.
| Scheme | Fund house | % of fund | Value |
|---|---|---|---|
| SBI Nifty 50 ETF | SBI Mutual Fund | 0.92% | ₹1,868 cr |
| SBI BSE Sensex ETF | SBI Mutual Fund | 1.14% | ₹1,318 cr |
| SBI Large Cap Fund | SBI Mutual Fund | 1.89% | ₹990 cr |
| SBI Balanced Advantage Fund | SBI Mutual Fund | 2.06% | ₹835 cr |
| SBI Contra Fund | SBI Mutual Fund | 1.79% | ₹807 cr |
| NIPPON INDIA ETF NIFTY 50 BEES | Nippon India Mutual Fund | 0.92% | ₹600 cr |
| SBI ELSS Tax Saver Fund | SBI Mutual Fund | 1.92% | ₹577 cr |
| NIPPON INDIA LARGE CAP FUND | Nippon India Mutual Fund | 0.86% | ₹441 cr |
| ADITYA BIRLA SUN LIFE FLEXI CAP FUND | Aditya Birla Sun Life Mutual Fund | 1.54% | ₹431 cr |
| Nippon India ETF Nifty IT | Nippon India Mutual Fund | 10.47% | ₹359 cr |
| ADITYA BIRLA SUN LIFE ELSS TAX SAVER FUND | Aditya Birla Sun Life Mutual Fund | 2.59% | ₹351 cr |
| ADITYA BIRLA SUN LIFE LARGE CAP FUND | Aditya Birla Sun Life Mutual Fund | 1.16% | ₹324 cr |
| Nippon India ETF BSE Sensex | Nippon India Mutual Fund | 1.14% | ₹317 cr |
| ADITYA BIRLA SUN LIFE DIGITAL INDIA FUND | Aditya Birla Sun Life Mutual Fund | 7.85% | ₹284 cr |
| ADITYA BIRLA SUN LIFE FOCUSED FUND | Aditya Birla Sun Life Mutual Fund | 3.28% | ₹246 cr |
Compared with similar companies
| Company | Price | Market cap | P/E | P/B | ROE | ROCE | Debt/eq. | 1-yr return |
|---|---|---|---|---|---|---|---|---|
| Tech Mahindra Limited | ₹1,790.8 | ₹1,75,672 cr | 28.8 | 5.4 | 16.9% | 21.2% | 0.07 | +23.2% |
| Infosys Limited | ₹1,185 | ₹4,79,688 cr | 15.7 | 4.8 | 31.2% | 36.2% | 0.1 | -21.4% |
| HCL Technologies Limited | ₹1,428.1 | ₹3,87,511 cr | 21.1 | 5.1 | 23% | 28% | 0.07 | -8.3% |
| Wipro Limited | ₹198.31 | ₹1,95,932 cr | 15.6 | 2.5 | 15.4% | 14.9% | 0.23 | -18.4% |
| Persistent Systems Limited | ₹6,048 | ₹1,00,247 cr | 53 | 11 | 26.3% | 32.2% | 0.06 | +2.7% |
| Coforge Limited | ₹2,045 | ₹90,823 cr | 40.1 | 4.1 | 18.7% | 22.3% | 0.08 | +13.0% |
Compare TECHM with INFY in detail →
The full analysis has the price chart, every quarterly result with YoY/QoQ growth, the balance sheet and cash flow with an accounting red-flag check, shareholding quarter by quarter with big investors, news, filings and bulk/block deals.
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