
About Tech Mahindra Limited
Data last updated:
Tech Mahindra Limited is a public limited company based in Mumbai, Maharashtra, India. It specialises in IT consulting and support services, a part of the broader technology and IT services sector. Incorporated on 24 October 1986, the company has been in operation for over 40 years.
Registered with ROC Mumbai under CIN L64200MH1986PLC041370. Listed on BSE: 532755 and NSE: TECHM.
Capital: an authorised share capital of ₹924.3 Cr and a paid-up capital of ₹490.07 Cr. Formerly known as Mahindra British Telecom Limited. It is led by directors including Haigreve Khaitan and Neelam Dhawan.
Last AGM: 17 July 2026. Financial statements filed for year ended 31 March 2026. Office: Gateway Building Apollo Bunder, Mumbai, Maharashtra, India – 400001.
As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹56,815 Cr, a growth of 7.22% compared to the previous year. The net worth stands at ₹29,615 Cr (up 8.24% YoY). Total assets are valued at ₹35,268 Cr (up 8.61% YoY).
The company has a workforce of approximately 110,612 employees as per the latest available data. Its group structure includes 11 subsidiaries.
The company is associated with 4 brands - Palmleaf, Yabx, Tech Mahindra, Tech Mahindra. As per MCA filings, the company has open charges of ₹14 Cr and satisfied charges of ₹4,369.78 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website techmahindra.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressGateway Building Apollo Bunder, Mumbai, Maharashtra, India – 400001
- IndustryInformation Technology, IT Consulting & Support Services
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
CIN History of Tech Mahindra
Tech Mahindra has one previous CIN (Corporate Identification Number): U64200MH1986PLC041370. The current CIN is L64200MH1986PLC041370, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L64200MH1986PLC041370 | Current |
| U64200MH1986PLC041370 | Previous |
Associated Brands with Tech Mahindra
Tech Mahindra operates multiple associated brands including PalmLeaf, Yabx, and Tech Mahindra. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Delivers learning management and engagement solutions. | palmleafsolutions.com | |
| Provides digital lending solutions for efficient financial access. | yabx.co | |
| Provider of data analytics, cloud management, and business process outsourcing services | techmahindra.com | |
| A suite of IT services is provided to clients. | eventusg.com |
Competitors & Alternatives of Tech Mahindra
Brands and companies operating in the same space as Tech Mahindra Limited include Coda, 1&1 IONOS, CoachHub and 7 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
| | Integrated documents and spreadsheets are utilized for team project management. | San Francisco, United States, United States | 2014 |
| | Cloud infrastructure and hosting services are provided by 1&1 IONOS. | Chesterbrook, United States, United States | 1988 |
| | Provider of online coaching and professional development solutions | Berlin, Germany, Germany | 2018 |
| | Learning management systems are provided for multiple sectors. | Kitchener, Canada, Canada | 1999 |
| | Cloud-based learning management system for corporate employee training is provided. | Athens, United States, United States | 2005 |
| | Analytics, cybersecurity, and digital transformation services are provided. | Mclean, United States, United States | 1914 |
| | Cloud-based LMS platform tracks skills across industries. | Pleasanton, United States, United States | 2012 |
| | Outsourcing solutions in IT, engineering, and consulting are delivered. | Bengaluru, India, India | 1999 |
| | Provider of end-to-end business process outsourcing services | New York, United States, United States | 1997 |
| | IT consulting, data analytics, and digital transformation services are provided. | Pune, India, India | 1990 |
Business Activity of Tech Mahindra
The main business activity of Tech Mahindra is information and communication. In detail, this covers computer programming, consultancy and related activities and data processing, hosting and related activities; web portal. 2 activity segments are registered with the MCA.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities | Locked |
| J | Information and communication | J7 | Data processing, hosting and related activities; web portal | Locked |
Business activity turnover details for Tech Mahindra Limited
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Tech Mahindra
Tech Mahindra Limited is audited by BSR & Co. LLP for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| BSR & Co. LLP | Locked | Locked | Locked |
Complete auditor history for Tech Mahindra Limited
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors and KMP of Tech Mahindra Limited
Tech Mahindra Limited currently reports 10 directors and 1 key managerial person. 27 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Haigreve Khaitan | Director | 01 Aug 2019 | 7 Years 2 Months | Current |
| Neelam Dhawan | Director | 01 May 2024 | 2 Years 5 Months | Current |
| Mohit Joshi Also directs: Tech Mahindra Foundation, Mahindra Educational Institutions | Managing Director | 20 Dec 2023 | 2 Years 9 Months | Current |
| Anand Gopal Mahindra Also directs: Gotham Park Projects LLP, Mahindra and Mahindra Limited, Araku Originals Private Limited and 5 more | Director | 19 Sep 1995 | 31 Years 0 Months | Current |
| Tarun Bajaj Also directs: Hindustan Unilever Limited, BTBS Associates LLP, The Tata Power Company Limited and 2 more | Director | 01 May 2024 | 2 Years 5 Months | Current |
| Shikha Sanjaya Sharma Also directs: Mahindra and Mahindra Limited, Tata Consumer Products Limited, Piramal Finance Limited and 3 more | Director | 01 Aug 2019 | 7 Years 2 Months | Current |
Financials of Tech Mahindra Limited FY 2025-26 filings available
Tech Mahindra Limited reported revenue of ₹56,815 Cr (up 7.22% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · ConsolidatedRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 56,815 | 52,988 | 51,996 | 53,290 | 44,646 | 37,855 | 36,868 |
| Revenue growth | +4.4% | -3.1% | +4.3% | +24.3% | +17.9% | -1.0% | +10.2% |
| EBITDA | 8,760 | 6,964 | 4,506 | 7,763 | 8,020 | 6,796 | 5,503 |
| EBITDA margin | +15.4% | +13.1% | +8.7% | +14.6% | +18.0% | +18.0% | +14.9% |
| Profit before tax | 6,573 | 5,653 | 3,224 | 6,446 | 7,452 | 5,953 | 5,058 |
| Net profit | 4,995 | 3,645 | 2,356 | 4,828 | 5,561 | 4,427 | 4,027 |
| Net profit margin | +8.8% | +6.9% | +4.5% | +9.1% | +12.5% | +11.7% | +10.9% |
| EPS (₹) | 54.32 | 48.05 | 26.71 | 54.90 | 63.42 | 50.66 | 46.26 |
| Balance sheet | |||||||
| Total assets | 35,268 | 32,471 | 32,296 | 34,327 | 33,667 | 31,252 | 29,030 |
| Net worth | 29,615 | 27,362 | 26,669 | 27,924 | 26,886 | 24,865 | 21,813 |
| Total debt | 2,186 | 2,025 | 2,537 | 2,740 | 2,618 | 2,901 | 3,670 |
| Cash & bank | 5,105 | 4,542 | 4,736 | 4,255 | 3,974 | 2,835 | 3,148 |
| Net working capital | 10,339 | 8,990 | 9,793 | 10,150 | 9,271 | 7,243 | 9,272 |
| Cash flow | |||||||
| Cash from operations | 6,172 | 5,786 | 6,376 | 5,572 | 5,285 | 8,094 | 4,358 |
| Cash from investing | (314) | (15.10) | (1,318) | (226) | 480 | (5,433) | 1,081 |
| Cash from financing | (5,130) | (5,799) | (4,767) | (5,078) | (4,667) | (2,987) | (4,466) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 15,712 | 15,076 | 14,393 | 13,995 | 13,351 | 13,384 | 13,286 | 13,313 |
| Revenue growth (YoY) | +17.7% | +12.6% | +8.3% | +5.1% | +2.7% | +4.0% | +1.4% | +3.5% |
| Other income | (106) | (205) | (20.80) | 40.00 | 219 | 173 | 23.10 | 522 |
| EBITDA | 2,738 | 2,565 | 2,093 | 2,165 | 1,935 | 1,839 | 1,809 | 1,750 |
| EBITDA margin | +17.4% | +17.0% | +14.5% | +15.5% | +14.5% | +13.7% | +13.6% | +13.1% |
| Depreciation | 479 | 481 | 474 | 469 | 458 | 462 | 459 | 470 |
| Interest | 111 | 88.80 | 93.60 | 77.20 | 77.80 | 85.30 | 75.90 | 89.00 |
| Profit before tax | 2,042 | 1,791 | 1,505 | 1,659 | 1,618 | 1,464 | 1,297 | 1,714 |
| Tax | 556 | 434 | 386 | 458 | 489 | 322 | 309 | 456 |
| Net profit | 1,486 | 1,356 | 1,119 | 1,202 | 1,129 | 1,142 | 989 | 1,258 |
| EPS (₹) | 16.50 | 15.24 | 12.64 | 13.46 | 12.86 | 13.15 | 11.08 | 14.10 |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 48,927 | 44,617 | 42,700 | 42,657 | 35,761 | 29,641 | 29,225 |
| Revenue growth | +7.1% | +0.6% | +5.9% | +26.4% | +23.3% | -4.8% | +15.7% |
| EBITDA | 5,718 | 4,258 | 2,577 | 4,770 | 5,792 | 5,330 | 3,700 |
| EBITDA margin | +11.7% | +9.5% | +6.0% | +11.2% | +16.2% | +18.0% | +12.7% |
| Profit before tax | 5,164 | 4,497 | 2,545 | 4,904 | 6,429 | 5,527 | 5,332 |
| Net profit | 4,028 | 2,931 | 2,061 | 3,776 | 5,020 | 4,237 | 4,571 |
| Net profit margin | +8.2% | +6.6% | +4.8% | +8.9% | +14.0% | +14.3% | +15.6% |
| EPS (₹) | 39.39 | 35.81 | 21.13 | 38.78 | 51.69 | 43.78 | 46.95 |
| Balance sheet | |||||||
| Total assets | 25,891 | 25,907 | 25,978 | 27,878 | 29,041 | 27,582 | 24,747 |
| Net worth | 21,722 | 22,421 | 23,101 | 25,204 | 26,210 | 25,016 | 22,273 |
| Total debt | 1,505 | 982 | 506 | 579 | 617 | 519 | 481 |
| Cash & bank | 1,861 | 1,678 | 1,624 | 1,204 | 1,362 | 1,050 | 1,858 |
| Net working capital | 5,076 | 4,890 | 5,815 | 6,689 | 7,476 | 5,174 | 7,708 |
| Cash flow | |||||||
| Cash from operations | 4,594 | 4,293 | 5,123 | 4,102 | 3,213 | 6,852 | 2,380 |
| Cash from investing | 527 | 513 | (41.20) | 734 | 1,576 | (5,602) | 3,306 |
| Cash from financing | (4,899) | (4,659) | (4,747) | (4,992) | (4,607) | (2,066) | (4,842) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 13,219 | 12,956 | 12,308 | 12,068 | 11,595 | 11,584 | 11,176 | 11,077 |
| Revenue growth (YoY) | +14.0% | +11.9% | +10.1% | +8.9% | +7.6% | +9.5% | +4.5% | +6.1% |
| Other income | (137) | (195) | 135 | 246 | 394 | 163 | 175 | 870 |
| Total expenses | 11,260 | 11,629 | 10,892 | 10,511 | 10,178 | 10,552 | 9,999 | 10,031 |
| EBITDA | 1,959 | 1,328 | 1,417 | 1,557 | 1,417 | 1,031 | 1,177 | 1,046 |
| EBITDA margin | +14.8% | +10.2% | +11.5% | +12.9% | +12.2% | +8.9% | +10.5% | +9.4% |
| Depreciation | 235 | 230 | 219 | 213 | 211 | 216 | 217 | 212 |
| Interest | 76.30 | 73.60 | 72.50 | 56.60 | 58.80 | 61.20 | 59.80 | 66.00 |
| Profit before tax | 1,510 | 828 | 1,261 | 1,533 | 1,541 | 918 | 1,075 | 1,638 |
| Tax | 372 | 287 | 297 | 358 | 363 | 207 | 217 | 358 |
Financial Statements
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 15,712 | 15,076 | 14,393 | 13,995 | 13,351 | 13,384 | 13,286 | 13,313 |
| Revenue growth (YoY) | +17.7% | +12.6% | +8.3% | +5.1% | +2.7% | +4.0% | +1.4% | +3.5% |
| Other income | (106) | (205) | (20.80) | 40.00 | 219 | 173 | 23.10 | 522 |
| EBITDA | 2,738 | 2,565 | 2,093 | 2,165 | 1,935 | 1,839 | 1,809 | 1,750 |
| EBITDA margin | +17.4% | +17.0% | +14.5% | +15.5% | +14.5% | +13.7% | +13.6% | +13.1% |
| Depreciation | 479 | 481 | 474 | 469 | 458 | 462 | 459 | 470 |
| Interest | 111 | 88.80 | 93.60 | 77.20 | 77.80 | 85.30 | 75.90 | 89.00 |
| Profit before tax | 2,042 | 1,791 | 1,505 | 1,659 | 1,618 | 1,464 | 1,297 | 1,714 |
| Tax | 556 | 434 | 386 | 458 | 489 | 322 | 309 | 456 |
| Net profit | 1,486 | 1,356 | 1,119 | 1,202 | 1,129 | 1,142 | 989 | 1,258 |
| EPS (₹) | 16.50 | 15.24 | 12.64 | 13.46 | 12.86 | 13.15 | 11.08 | 14.10 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 56,815 | 52,988 | 51,996 | 53,290 | 44,646 | 37,855 | 36,868 |
| Revenue growth | +4.4% | -3.1% | +4.3% | +24.3% | +17.9% | -1.0% | +10.2% |
| Other income | 31.90 | 864 | 927 | 965 | 1,115 | 788 | 1,192 |
| Total expenses | 48,055 | 46,024 | 47,489 | 45,527 | 36,626 | 31,059 | 31,365 |
| Employee cost | 30,479 | 29,624 | 29,128 | 27,692 | 22,286 | 19,297 | 18,810 |
| EBITDA | 8,760 | 6,964 | 4,506 | 7,763 | 8,020 | 6,796 | 5,503 |
| EBITDA margin | +15.4% | +13.1% | +8.7% | +14.6% | +18.0% | +18.0% | +14.9% |
| Depreciation | 1,882 | 1,853 | 1,817 | 1,957 | 1,520 | 1,458 | 1,446 |
| Interest | 337 | 322 | 392 | 326 | 163 | 174 | 192 |
| Profit before tax | 6,573 | 5,653 | 3,224 | 6,446 | 7,452 | 5,953 | 5,058 |
| Tax | 1,768 | 1,400 | 828 | 1,588 | 1,822 | 1,600 | 1,160 |
| Net profit | 4,995 | 3,645 | 2,356 | 4,828 | 5,561 | 4,427 | 4,027 |
| Net profit margin | +8.8% | +6.9% | +4.5% | +9.1% | +12.5% | +11.7% | +10.9% |
| EPS (₹) | 54.32 | 48.05 | 26.71 | 54.90 | 63.42 | 50.66 | 46.26 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 443 | 442 | 441 | 440 | 439 | 437 | 436 |
| Reserves & surplus | 29,173 | 26,919 | 26,226 | 27,483 | 26,446 | 24,423 | 21,376 |
| Shareholders' funds (net worth) | 29,615 | 27,362 | 26,669 | 27,924 | 26,886 | 24,865 | 21,813 |
| Minority interest | 462 | 430 | 477 | 470 | 495 | 380 | 393 |
| Secured loans | 38.90 | 41.00 | 149 | 27.50 | 23.30 | 151 | 546 |
| Unsecured loans | 2,147 | 1,984 | 2,387 | 2,713 | 2,595 | 2,750 | 3,125 |
| Total debt | 2,186 | 2,025 | 2,537 | 2,740 | 2,618 | 2,901 | 3,670 |
| Total liabilities | 35,268 | 32,471 | 32,296 | 34,327 | 33,667 | 31,252 | 29,030 |
| Assets | |||||||
| Gross block | 31,732 | 29,120 | 28,327 | 28,085 | 25,971 | 18,941 | 18,177 |
| Net block | 14,864 | 13,982 | 13,903 | 14,932 | 14,784 | 9,018 | 8,872 |
| Capital work in progress | 26.80 | 20.60 | 133 | 120 | 165 | 118 | 50.10 |
| Investments | 3,426 | 3,182 | 3,238 | 3,388 | 4,884 | 10,238 | 5,848 |
| Inventories | 104 | 39.40 | 37.50 | 23.60 | 40.50 | 24.20 | 35.80 |
| Sundry debtors | 13,358 | 11,547 | 11,401 | 12,882 | 11,933 | 6,473 | 7,577 |
| Cash & bank balances | 5,105 | 4,542 | 4,736 | 4,255 | 3,974 | 2,835 | 3,148 |
| Loans & advances | 5,672 | 4,658 | 4,472 | 4,490 | 4,071 | 6,261 | 6,799 |
| Total current assets | 24,239 | 20,786 | 20,646 | 21,650 | 20,020 | 15,593 | 17,560 |
| Total current liabilities | 13,900 | 11,796 | 10,853 | 11,500 | 10,748 | 8,350 | 8,288 |
| Net working capital | 10,339 | 8,990 | 9,793 | 10,150 | 9,271 | 7,243 | 9,272 |
| Total assets | 35,268 | 32,471 | 32,296 | 34,327 | 33,667 | 31,252 | 29,030 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 4,318 | 4,347 | 4,056 | 3,789 | 2,690 | 3,017 | 2,043 |
| Net cash from operating activities | 6,172 | 5,786 | 6,376 | 5,572 | 5,285 | 8,094 | 4,358 |
| Net cash from investing activities | (314) | (15.10) | (1,318) | (226) | 480 | (5,433) | 1,081 |
| Net cash from financing activities | (5,130) | (5,799) | (4,767) | (5,078) | (4,667) | (2,987) | (4,466) |
| Net change in cash | 728 | (28.60) | 291 | 267 | 1,098 | (326) | 974 |
| Closing cash | 5,105 | 4,542 | 4,736 | 4,255 | 3,974 | 2,835 | 3,148 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +7.2% | +1.9% | -2.4% | +19.4% | +17.9% | +2.7% | +6.1% |
| EBITDA growth | +25.8% | +54.5% | -42.0% | -3.2% | +18.0% | +23.5% | -12.3% |
| PBT growth | +16.3% | +75.3% | -50.0% | -13.5% | +25.2% | +17.7% | -8.8% |
| Net income growth | +37.0% | +54.7% | -51.2% | -13.2% | +25.6% | +9.9% | -6.0% |
| Revenue CAGR (3Y) | +2.2% | +5.9% | +11.2% | +13.1% | +8.7% | +7.2% | +8.2% |
| EBITDA CAGR (3Y) | +4.1% | -4.6% | -12.8% | +12.2% | +8.5% | +13.0% | +9.6% |
| Profitability & leverage | |||||||
| Net income margin | +8.5% | +8.0% | +4.6% | +9.1% | +12.6% | +11.5% | +10.6% |
| Return on capital employed | +20.7% | +18.7% | +11.0% | +20.2% | +23.8% | +20.6% | +19.8% |
| Return on net worth | +16.9% | +15.7% | +8.8% | +17.7% | +21.8% | +18.7% | +18.5% |
| Debt / equity | 0.07 | 0.08 | 0.10 | 0.10 | 0.11 | 0.14 | 0.13 |
| Long-term debt / equity | 0.05 | 0.04 | 0.03 | 0.03 | 0.04 | 0.04 | 0.03 |
| Interest cover | 4.91 | 6.29 | 14.58 | 5.61 | 2.50 | 3.26 | 4.73 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 1.87 | 1.84 | 1.84 | 1.97 | 1.99 | 2.05 | 2.23 |
| Inventory turnover | 791.30 | 1,378.11 | 1,701.98 | 1,662.72 | 1,380.09 | 1,261.84 | 664.28 |
| Debtors turnover | 4.56 | 4.62 | 4.28 | 4.30 | 4.85 | 5.39 | 5.07 |
| EPS (₹) | 54.32 | 48.05 | 26.71 | 54.90 | 63.42 | 50.66 | 46.26 |
| Dividend per share (₹) | 51.00 | 45.00 | 40.00 | 50.00 | 30.00 | 45.00 | 15.00 |
| Book value per share (₹) | 334.41 | 309.24 | 302.15 | 317.31 | 306.34 | 284.44 | 250.20 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 13,219 | 12,956 | 12,308 | 12,068 | 11,595 | 11,584 | 11,176 | 11,077 |
| Revenue growth (YoY) | +14.0% | +11.9% | +10.1% | +8.9% | +7.6% | +9.5% | +4.5% | +6.1% |
| Other income | (137) | (195) | 135 | 246 | 394 | 163 | 175 | 870 |
| Total expenses | 11,260 | 11,629 | 10,892 | 10,511 | 10,178 | 10,552 | 9,999 | 10,031 |
| EBITDA | 1,959 | 1,328 | 1,417 | 1,557 | 1,417 | 1,031 | 1,177 | 1,046 |
| EBITDA margin | +14.8% | +10.2% | +11.5% | +12.9% | +12.2% | +8.9% | +10.5% | +9.4% |
| Depreciation | 235 | 230 | 219 | 213 | 211 | 216 | 217 | 212 |
| Interest | 76.30 | 73.60 | 72.50 | 56.60 | 58.80 | 61.20 | 59.80 | 66.00 |
| Profit before tax | 1,510 | 828 | 1,261 | 1,533 | 1,541 | 918 | 1,075 | 1,638 |
| Tax | 372 | 287 | 297 | 358 | 363 | 207 | 217 | 358 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 48,927 | 44,617 | 42,700 | 42,657 | 35,761 | 29,641 | 29,225 |
| Revenue growth | +7.1% | +0.6% | +5.9% | +26.4% | +23.3% | -4.8% | +15.7% |
| Other income | 581 | 1,333 | 1,069 | 1,128 | 1,447 | 922 | 2,366 |
| Total expenses | 43,209 | 40,359 | 40,123 | 37,888 | 29,970 | 24,311 | 25,525 |
| Employee cost | 17,663 | 17,107 | 16,406 | 14,969 | 11,730 | 9,163 | 9,283 |
| EBITDA | 5,718 | 4,258 | 2,577 | 4,770 | 5,792 | 5,330 | 3,700 |
| EBITDA margin | +11.7% | +9.5% | +6.0% | +11.2% | +16.2% | +18.0% | +12.7% |
| Depreciation | 873 | 855 | 850 | 813 | 740 | 662 | 667 |
| Interest | 262 | 239 | 251 | 181 | 68.90 | 63.20 | 66.70 |
| Profit before tax | 5,164 | 4,497 | 2,545 | 4,904 | 6,429 | 5,527 | 5,332 |
| Tax | 1,304 | 991 | 481 | 1,127 | 1,406 | 1,288 | 798 |
| Net profit | 4,028 | 2,931 | 2,061 | 3,776 | 5,020 | 4,237 | 4,571 |
| Net profit margin | +8.2% | +6.6% | +4.8% | +8.9% | +14.0% | +14.3% | +15.6% |
| EPS (₹) | 39.39 | 35.81 | 21.13 | 38.78 | 51.69 | 43.78 | 46.95 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 490 | 490 | 488 | 487 | 486 | 484 | 483 |
| Reserves & surplus | 21,232 | 21,931 | 22,611 | 24,716 | 25,720 | 24,527 | 21,790 |
| Shareholders' funds (net worth) | 21,722 | 22,421 | 23,101 | 25,204 | 26,210 | 25,016 | 22,273 |
| Secured loans | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Unsecured loans | 1,505 | 982 | 506 | 579 | 617 | 519 | 481 |
| Total debt | 1,505 | 982 | 506 | 579 | 617 | 519 | 481 |
| Total liabilities | 25,891 | 25,907 | 25,978 | 27,878 | 29,041 | 27,582 | 24,747 |
| Assets | |||||||
| Gross block | 12,366 | 11,693 | 11,345 | 10,654 | 9,979 | 8,452 | 8,643 |
| Net block | 4,163 | 3,878 | 3,659 | 3,641 | 3,630 | 3,048 | 3,336 |
| Capital work in progress | 21.70 | 17.80 | 94.30 | 47.60 | 136 | 111 | 35.20 |
| Investments | 12,033 | 12,427 | 12,517 | 13,320 | 14,532 | 16,552 | 10,649 |
| Inventories | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Sundry debtors | 11,730 | 9,844 | 9,580 | 10,352 | 9,901 | 7,239 | 6,212 |
| Cash & bank balances | 1,861 | 1,678 | 1,624 | 1,204 | 1,362 | 1,050 | 1,858 |
| Loans & advances | 3,894 | 3,643 | 3,325 | 3,291 | 2,732 | 2,677 | 5,213 |
| Total current assets | 17,485 | 15,164 | 14,530 | 14,846 | 13,994 | 10,966 | 13,283 |
| Total current liabilities | 12,408 | 10,274 | 8,714 | 8,157 | 6,518 | 5,792 | 5,575 |
| Net working capital | 5,076 | 4,890 | 5,815 | 6,689 | 7,476 | 5,174 | 7,708 |
| Total assets | 25,891 | 25,907 | 25,978 | 27,878 | 29,041 | 27,582 | 24,747 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 1,602 | 1,456 | 1,122 | 1,250 | 1,068 | 1,804 | 960 |
| Net cash from operating activities | 4,594 | 4,293 | 5,123 | 4,102 | 3,213 | 6,852 | 2,380 |
| Net cash from investing activities | 527 | 513 | (41.20) | 734 | 1,576 | (5,602) | 3,306 |
| Net cash from financing activities | (4,899) | (4,659) | (4,747) | (4,992) | (4,607) | (2,066) | (4,842) |
| Net change in cash | 222 | 146 | 334 | (156) | 181 | (816) | 844 |
| Closing cash | 1,861 | 1,678 | 1,624 | 1,204 | 1,362 | 1,050 | 1,858 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +9.7% | +4.5% | +0.1% | +19.3% | +20.7% | +1.4% | +7.3% |
| EBITDA growth | +34.3% | +65.2% | -46.0% | -17.7% | +8.7% | +44.1% | -28.4% |
| PBT growth | +14.8% | +76.7% | -48.1% | -23.7% | +16.3% | +3.7% | -1.7% |
| Net income growth | +37.4% | +42.2% | -45.4% | -24.8% | +18.5% | -7.3% | +4.7% |
| Revenue CAGR (3Y) | +4.7% | +7.7% | +12.9% | +13.4% | +9.5% | +7.8% | +8.1% |
| EBITDA CAGR (3Y) | +6.2% | -9.7% | -21.5% | +8.8% | +3.9% | +11.0% | +0.3% |
| Profitability & leverage | |||||||
| Net income margin | +7.9% | +7.9% | +4.8% | +8.9% | +14.1% | +14.3% | +15.5% |
| Return on capital employed | +21.0% | +16.5% | +10.4% | +17.9% | +23.0% | +21.4% | +22.9% |
| Return on net worth | +17.5% | +12.9% | +8.5% | +14.7% | +19.6% | +17.9% | +21.1% |
| Debt / equity | 0.06 | 0.03 | 0.02 | 0.02 | 0.02 | 0.02 | 0.01 |
| Long-term debt / equity | 0.04 | 0.02 | 0.01 | 0.02 | 0.01 | 0.01 | 0.01 |
| Interest cover | 5.40 | 7.01 | 14.55 | 4.57 | 1.36 | 1.35 | 2.20 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 4.07 | 3.87 | 3.88 | 4.13 | 3.88 | 3.47 | 3.62 |
| Inventory turnover | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Debtors turnover | 4.54 | 4.59 | 4.28 | 4.21 | 4.17 | 4.41 | 4.80 |
| EPS (₹) | 39.39 | 35.81 | 21.13 | 38.78 | 51.69 | 43.78 | 46.95 |
| Dividend per share (₹) | 51.00 | 45.00 | 40.00 | 50.00 | 30.00 | 45.00 | 15.00 |
| Book value per share (₹) | 221.70 | 229.02 | 236.48 | 258.70 | 269.67 | 258.32 | 230.61 |
Shareholding Pattern of Tech Mahindra Limited
Shareholding for the quarter ended Sep 2026: promoters hold 35.00%, foreign institutional investors hold 18.70%, domestic institutional investors hold 37.10% and retail and other public shareholders hold 9.30%.
| Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | |
|---|---|---|---|---|
| Promoters | 35.00% | 35.00% | 35.00% | 35.00% |
| Public | 65.00% | 65.00% | 65.00% | 65.00% |
Group Structure of Tech Mahindra Limited
Tech Mahindra has 11 subsidiary companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares Held |
|---|---|---|
| Comviva Technologies Limited | U72200HR1999PLC041214 | - |
| Tech Mahindra Cerium Private Limited | U72200KA2013PTC070882 | - |
| Satyam Venture Engineering Services Private Limited | U72200TG2000PTC033213 | - |
| Zen3 Infosolutions Private Limited | U72200TG2015PTC102411 | - |
| Perigord Premedia (India) Private Limited | U72300TG2015FTC099343 | - |
| Begig Private Limited | U72900HR2021PTC094680 | - |
Showing major subsidiaries. Total: 11.
Charges & Borrowings of Tech Mahindra
| Date | Lender | Amount | Status |
|---|---|---|---|
| 25 Oct 2016 | Others | ₹14 Cr | Open |
| 23 Nov 2017 | Hdfc Bank Limited | ₹10 Cr | Satisfied |
| 11 Oct 2017 | State Bank of India | ₹617 Cr | Satisfied |
| 29 Apr 2015 | Axis Bank Limited | ₹617 Cr | Satisfied |
| 19 Nov 2013 | Kotak Mahindra Bank Limited | ₹53,267 | Satisfied |
Total charge records: 40 View all charges
Employees and EPFO Compliance at Tech Mahindra
Tech Mahindra Limited has a workforce of 110,612 employees as of Jul 02, 2024.
Employee and EPFO history for Tech Mahindra Limited
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
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GST Compliance of Tech Mahindra
GST registrations and filing compliance for Tech Mahindra Limited
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
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Credit Ratings, Litigation & Regulatory Alerts for Tech Mahindra
Credit ratings, litigation, and regulatory alerts for Tech Mahindra Limited
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
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MSME Payment Delays by Tech Mahindra
MSME payment history for Tech Mahindra Limited
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
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Subsidiaries & Group Companies of Tech Mahindra
Corporate group structure for Tech Mahindra Limited
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
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MCA Filings & Documents of Tech Mahindra
MCA filings and documents for Tech Mahindra Limited
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
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- Complete filing index
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Recent Activity on Tech Mahindra
Recent News on Tech Mahindra
Frequently Asked Questions about Tech Mahindra Limited
Tech Mahindra is an active public limited company in the information technology sector based in Mumbai, Maharashtra, India. It was incorporated on 24 October 1986 (40+ years old) and is registered under CIN L64200MH1986PLC041370. Listed on BSE: 532755 and NSE: TECHM. The company has 110,612 employees.
Tech Mahindra reported revenue of ₹56,815 Cr for FY 2025-26 (up 7.22% YoY) based on consolidated financials.
The current directors and KMP of Tech Mahindra are:
- Haigreve Khaitan - Director
- Neelam Dhawan - Director
- Mohit Joshi - Managing Director
- Anand Gopal Mahindra - Director
- Tarun Bajaj - Director
- Shikha Sanjaya Sharma - Director
- Puneet Renjhen - Director
- Anish Dilip Shah - Director
- Penelope Fowler - Director
- Rohit Anand - Cfo
- Mukti Vishvanath Khaire - Director
The primary industry of Tech Mahindra is information technology. The company specifically operates in IT consulting and support services. The company is currently active in this sector.
Yes. Tech Mahindra is listed on both BSE (code: 532755) and NSE (symbol: TECHM).
Tech Mahindra can be reached at the registered office: Gateway Building Apollo Bunder, Mumbai, Maharashtra, India – 400001, or through the website techmahindra.com.