Tech Mahindra Business Services Limited - Company Profile

It is a business outsourcing public limited company based in Mumbai, Maharashtra, India, established in 2006.

2006 Mumbai, Maharashtra, India Amalgamated

Last Updated: July 22, 2025

About Tech Mahindra Business Services Limited

Tech Mahindra Business Services Limited, a amalgamated public limited company, was established on 23 January 2006 in Mumbai, Maharashtra, India. Engaging in business process outsourcing within the information and communication sector, it holds CIN: U72900MH2006PLC159149. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹67.65 Cr and a paid-up capital of ₹1.00 Cr.

Formerly known as Hutchison 3 Global Services Private Limited, Hutchison Global Services Limited. It upholds a compliant status. Employing 7,716 professional, Its leadership includes Kunal Jesrani (Director), Birendrakumar Udairaj Sen (Director), Sujit Baksi (Director). Past directors included Frank John Sixt, Abhijit S Tikekar, Ritesh Mohan Idnani. Its latest AGM occurred on 25 July 2022, with the balance sheet filed on 31 March 2022. It is based at Spectrum Towers, Mindspace Complex, Off Link Road, Malad (West),, Mumbai, Maharashtra, 400064.

Company Details

CIN/LLPIN
U72900MH2006PLC159149
Registration Number
159149
Incorporation Date
23 January 2006
Authorized Capital
₹67.65 Cr
Paid-Up Capital
₹1.00 Cr
ROC Code
Roc Mumbai
Listing Status
Unlisted
Company Status
Amalgamated

Key Metrics

Authorised Capital ₹ 67.65 Cr as on 22-07-2025
Paid Up Capital ₹ 1.00 Cr as on 22-07-2025
Company Age 20 Year, 1 Month
Last Filing with ROC 31 Mar 2022
Revenue Growth **** 14.29% (FY 2022)
Profit Growth **** 66.25% (FY 2022)
Ebitda **** 27.12% (FY 2022)
Net Worth 26.31% (FY 2022)
Total Assets **** 15.94% (FY 2022)

Comprehensive Company Insights

Explore comprehensive insights into Tech Mahindra Business Services Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Tech Mahindra Business Services Limited?

Current Directors

Name	Designation	Appointment Date	Status
Kunal Jesrani	Director	20 Jul 2021	Current
Birendrakumar Udairaj Sen	Director	31 Oct 2017	Current
Sujit Baksi	Director	04 Sep 2012	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Director	01 May 2010	Past
Pramod Abcsdd	Company Secretary	14 Sep 2018	Past
Pramod Abcsdd	Director	10 Sep 2021	Past
Pramod Abcsdd	Director	04 Sep 2012	Past
Pramod Abcsdd	Director	04 Sep 2012	Past
Pramod Abcsdd	Director	04 Sep 2012	Past

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Financial Performance of Tech Mahindra Business Services.

Tech Mahindra Business Services Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 14.29% increase. The company also saw a substantial improvement in profitability, with a 66.25% increase in profit. The company's net worth Soared by an impressive increase of 26.31%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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Key Matrics
Balance Sheet
Profit and Loss
Cash Flow
Ratios

Metrics

(FY 2023)

YOY Growth

(FY 2022)

(FY 2021)

(FY 2020)

(FY 2019)

Total Revenue

********

14.29%

*******

Revenue from Operations

*******

13.20%

*******

Total Assets

*******

15.94%

*******

Profit or Loss

*******

66.25%

*******

Net Worth

*******

26.31%

*******

EBITDA

*******

27.12%

*******

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What is the Ownership and Shareholding Structure of Tech Mahindra Business Services?

In 2022, Tech Mahindra Business Services had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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How Many Employees Work at Tech Mahindra Business Services?

Tech Mahindra Business Services has a workforce of 7716 employees as of Mar 31, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Tech Mahindra Business Services, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Tech Mahindra Business Services's trajectory.

Rating

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Tech Mahindra Business Services

Recent Activity within the Organization

Annual General Meeting

Tech Mahindra Business Services Limited last Annual general meeting of members was held on 25 Jul 2022 as per latest MCA records. was recorded as a recent event.
25 Jul 2022
Balance Sheet

Tech Mahindra Business Services Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Mumbai. was recorded as a recent event.
31 Mar 2022
Director Appointment

Kunal Jesrani was appointed as a Director was appointed as a Director on 20 Jul 2021 & has been associated with this company since 4 years 7 months . was recorded as a recent event.
20 Jul 2021
Director Appointment

Progress on Birendrakumar Udairaj Sen was appointed as a Director was appointed as a Director on 31 Oct 2017 & has been associated with this company since 8 years 4 months . was documented.
31 Oct 2017
Director Appointment

The activity Sujit Baksi was appointed as a Director was appointed as a Director on 04 Sep 2012 & has been associated with this company since 13 years 6 months . was completed.
04 Sep 2012
Company Incorporation

Progress on Tech Mahindra Business Services Limited was registered on 23 Jan 2006 with Roc Mumbai & aged 20 years 1 month as per MCA records. was documented.
23 Jan 2006

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