Tech Mahindra (TECHM.NS) Stock Price

Tech Mahindra Price

NSE·CLOSED
1,545.70
​
Market closed

Revenue has compounded at 16.9% per year over the past 19 years to 568.15 B INR. Earnings per share have grown at 11.5% per year over the last 19 years. Tech Mahindra's net margin stands at 8.5%, down from 12.5% several years earlier. Tech Mahindra currently offers a dividend yield of about 2.91%. The payout ratio is around 112% of earnings. The dividend has grown at 28.7% per year over the past 19 years. Analysts set a median price target of 1,817.13 INR, implying 17.6% above the current price. Of 49 analysts, 30 rate the stock a buy — an overall Buy consensus.

Tech Mahindra stock price

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Tech Mahindra business model & stock analysis

Tech Mahindra Ltd is a multinational IT company headquartered in Pune, India. The company was founded in 1986 and has since become one of the world's leading providers of IT services and business process outsourcing (BPO). Tech Mahindra's history dates back to 1986 when it was established as a joint venture between Mahindra & Mahindra and British Telecom. The company initially focused on developing software and IT solutions for the telecommunications sector and later expanded its offerings to other industries such as retail, healthcare, banking, and financial services. Tech Mahindra's business model is based on providing IT services, solutions, and products to global companies. The company strives to offer innovative and transformative solutions tailored to the specific requirements of each client. Tech Mahindra offers a wide range of IT services, including software development, system integration, network and infrastructure services, cloud computing, analytics, and other digital services. Tech Mahindra is divided into various divisions to cater to a broad range of industries and customer needs. These divisions include telecommunications, automotive, healthcare, retail, banking and financial services, and energy and utilities. In the telecommunications division, Tech Mahindra provides a variety of solutions and services for telecommunications providers. This includes network design and optimization, IT system development, customer service and support, and telecommunications software development. The automotive division offers innovative solutions and technologies for automobile manufacturers and suppliers. This includes software development, telematics, intelligent mobility, connected vehicles, and lightweight construction. Tech Mahindra's healthcare division provides IT solutions and services to companies in the healthcare industry. This includes the implementation of patient information and management systems, outsourcing of administrative services, and the development of health apps and software. In the retail sector, Tech Mahindra offers innovative technologies and solutions for retailers. This includes system integration, customer service and support, and the development of retail apps and software. In the banking and financial services industry, Tech Mahindra offers its clients IT solutions and services for banking software development, risk and compliance management, and financing. The energy and utilities division covers IT solutions for the optimization of utility infrastructures, development of smart grid solutions, power and gas network management, and energy conversion. In summary, Tech Mahindra offers its clients a wide range of IT services, solutions, and products for various industries and customer needs. The company has become a global leader in IT services and BPO through its focus on innovative and transformative solutions, technological expertise, and extensive industry know-how. Tech Mahindra is a multinational IT company based in Pune, India. It was established in 1986 as a joint venture between Mahindra & Mahindra and British Telecom. The company started by developing software and IT solutions for the telecommunications sector and expanded its services to other industries over the years. Tech Mahindra provides IT services, solutions, and products to global companies, aiming to offer innovative and tailored solutions. Their services include software development, system integration, network and infrastructure services, cloud computing, analytics, and digital services. The company is divided into divisions that cater to different industries such as telecommunications, automotive, healthcare, retail, banking and financial services, and energy and utilities. In each division, Tech Mahindra offers specific solutions and services tailored to the needs of the industry. They have become a global leader in IT services and business process outsourcing (BPO) by focusing on innovation, technological expertise, and industry knowledge.

Frequently asked questions about Tech Mahindra

The business model of Tech Mahindra Ltd revolves around providing information technology services and solutions to clients worldwide. Tech Mahindra operates as a subsidiary of Mahindra Group, specializing in digital transformation, consulting, and business process outsourcing. Their services span across various industries, including telecommunications, healthcare, banking, and more. Leveraging their expertise in cutting-edge technologies like artificial intelligence, cloud computing, and data analytics, Tech Mahindra assists organizations in enhancing their operational efficiency, customer experience, and overall business performance. With a strong focus on innovation and delivering value-driven solutions, Tech Mahindra continues to be a trusted partner for businesses seeking effective IT strategies and services.

Tech Mahindra Ltd is primarily active in the information technology industry.

Tech Mahindra Ltd faces competition from various players in the market. Some of its main competitors include Tata Consultancy Services (TCS), Infosys, Wipro, HCL Technologies, and Accenture. These companies operate in the IT services sector and offer similar solutions to clients worldwide. However, Tech Mahindra Ltd differentiates itself through its focus on digital transformation and expertise in areas like telecommunications and cloud services. By continuously innovating and delivering value-added services, Tech Mahindra Ltd remains competitive in the market and continues to attract clients globally.

Tech Mahindra Ltd is an Indian multinational technology company specializing in information technology services and consulting. It was founded in 1986 as a joint venture between Mahindra & Mahindra and British Telecom. Over the years, Tech Mahindra has grown into a global leader in digital transformation, operating in various industries such as telecommunications, healthcare, banking, and more. With a strong focus on innovation and cutting-edge technology solutions, the company has established itself as a trusted partner for digital transformation and business process outsourcing. Tech Mahindra's continuous growth and commitment to delivering high-quality services have garnered recognition and numerous accolades in the IT industry.

Tech Mahindra Ltd has achieved significant milestones throughout its history. The company has become a global leader in digital transformation, IT services, and consulting. It has successfully expanded its operations across various industries, including telecommunications, healthcare, and manufacturing. Tech Mahindra has continuously focused on innovation and research, leading to the development of cutting-edge solutions and technologies. The company has also received numerous accolades and awards for its exceptional performance and contributions to the industry. With its strong commitment to quality and excellence, Tech Mahindra continues to drive growth and success in the global market.

Tech Mahindra Ltd is primarily present in various countries and regions. The company has a strong global presence with a significant presence in India, its home country. Additionally, Tech Mahindra operates in North America, including the United States and Canada, where it has established a substantial client base. The company also has a significant presence in Europe, specifically the United Kingdom, Germany, France, and the Netherlands. Furthermore, Tech Mahindra has expanded its operations in the Asia Pacific region, including Australia, China, Malaysia, Singapore, and the Philippines. Overall, Tech Mahindra Ltd has a diversified geographical presence to cater to clients across different continents.

Tech Mahindra Ltd represents values of integrity, teamwork, and innovation. With a strong corporate philosophy centered around customer-centricity, the company strives to deliver technological solutions that cater to the evolving needs of its clients. Tech Mahindra is committed to enabling digital transformation and providing cutting-edge services in areas such as consulting, mobility, cloud computing, and analytics. With a global presence and a strong emphasis on sustainable practices, Tech Mahindra aims to create value for its stakeholders while maintaining social and environmental responsibility.

Analysts currently set an average price target of 1,784.82 INR for the Tech Mahindra stock (median: 1,817.13 INR), implying +15.5 % versus the latest price. The consensus is based on 49 analyst ratings.

49 analysts currently rate the Tech Mahindra stock: 30 recommend buying, 7 holding and 12 selling.

Converted at the current exchange rate, the Tech Mahindra share trades at 14.33 EUR (1,545.70 INR).

The Tech Mahindra share (TECHM.NS) is listed on 2 stock exchanges, including: NSE (Indien) (TECHM.NS).

Tech Mahindra is a leading IT company that operates globally and focuses on providing innovative technologies and services tailored to the needs of its customers. The company is headquartered in Pune, India, and is part of the Mahindra Group, one of the largest conglomerates in India. Tech Mahindra offers a wide range of IT services, including system integration, application development & maintenance (ADM), infrastructure management, network services, cloud computing, and big data. One of the most important and profitable divisions of Tech Mahindra is business process outsourcing (BPO) and business process services (BPS). The company provides a wide range of BPO services to customers from various industries such as telecommunications, finance, retail, healthcare, insurance, and government. The BPS division offers a variety of services such as back-office operations, customer support, billing, and collections. Another important component of Tech Mahindra's business model is advanced consulting. The company offers consulting services and supports customers in developing IT strategies, optimizing their business processes, and implementing new technologies. Tech Mahindra's advanced consulting helps companies increase their efficiency and profitability. The company has also developed products specifically tailored to the needs of its customers. One example is the digital transformation platform, which provides a unified platform to improve transparency of business processes and data management. The platform helps business clients adapt to rapidly changing business conditions. Another important product of Tech Mahindra is the technology platform AQT (Accelerated Quality Engineering and Assurance), which offers integrated solutions for test automation, test process optimization, and end-to-end test management. The AQT platform enables customers to improve the quality of applications and products while reducing risks and costs. Overall, Tech Mahindra's business model is based on providing innovative IT solutions and services tailored to the needs of its customers. The company relies on a wide range of technologies and services to ensure that its customers remain competitive in an increasingly digitized world. In doing so, the company emphasizes quality, customer satisfaction, and agility to ensure that it remains a preferred partner for customers.

The revenue of Tech Mahindra is 568.15 B INR. This figure is based on current financial data and reflects the company's business performance.

The profit of Tech Mahindra is 48.11 B INR. The net profit reflects the company's profitability after deducting all expenses.

The price-to-earnings ratio (P/E) of Tech Mahindra is currently 28.53. The P/E ratio compares the current share price to the earnings per share and helps investors assess the valuation of the Tech Mahindra stock.

The price-to-sales ratio (P/S) of Tech Mahindra is currently 2.42. The P/S ratio compares the market capitalization to the annual revenue and serves as a valuation metric for the Tech Mahindra stock.

The Eulerpool Quality Score for Tech Mahindra is 4/10.

The ISIN of Tech Mahindra is INE669C01036. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.

The ticker of Tech Mahindra is TECHM.NS. The ticker symbol is used to trade Tech Mahindra shares on the stock exchange.

Fair ValueTerminal
1,561.16 INR
Over-/UndervaluationTerminal
Fairly valued
Industry
IT Services
Number of shares
Employees
Revenue per Employee
3.47 M INR
Revenue growth Ø5 years
EBIT growth Ø5 years
Net Income growth Ø5 years
Country
Currency
INR
Initial public offering
Aug 28, 2006
ISIN
INE669C01036
Cusip
Y85491127
Sedol
BWFGD63
Market capitalization
1.37 T INRMega Cap
52-Week Range
Revenue growth (10Y) > 5%
Revenue growth (3Y) > 5 %
EBIT growth (10Y) > 5%
EBIT growth (3Y) > 5 %
Net debt < 4x EBIT
Profitable since 10Y+
EBIT Drawdown (10Y) < 50%
Return on Equity (ROE) > 15%
ROCE > 15%
Return Expectation > 10%
PEG
2.88
P/E ratio
P/Ee 2027
20.02
P/Ee 2028
17.68
P/Ee 2029
16.21
P/Ee 2030
13.72
P/S
P/Se
2.16
EV/EBIT
19.18
P/B Ratio
4.63
ROE (Return on Equity)
ROA (Return on Assets)
ROCE (Return on Capital Employed)
ROIC (Return on Invested Capital)
16.24 %
Gross Margin
35.62 %
EBIT Margin
12.59 %
Net Margin
8.47 %
EPS (Earnings Per Share)
54.18 INR
Net Debt / EBIT
—
Debt/Equity
0.07
Dividend
Dividend yield
2.91 %
Est. Dividend Yield
4.66 %
Payout Ratio
112.16 %
Dividend growth Ø5Y
6.40 %
Dividend payments per year
2
Dividend paid since
16 years
Dividend not reduced since
1 year
Dividend increased since
1 year
Dividend withholding tax
20.00 %
Last updated Oct 6, 2026, 5:20 AM

Tech Mahindra Peer Group

Tech Mahindra Ticker

BSE · TECHM.BONSE INDIA · TECHM.NS

Tech Mahindra FIGI

TECHM:IN · BBG000CXKNH2TECHM:IB · BBG000CXKNZ2TECHM:IS · BBG000CXKQ30TECHM:IG · BBG003NW6313

All fundamentals and in-depth analysis of Tech Mahindra

Our stock analysis for Tech Mahindra stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Tech Mahindra. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.