- POSITIVE
Quarterly Revenue Tech Mahindra Sep-2026 Quarterly Revenue is Rs 14,280 Cr which is growth of 16.0% YoY.
- POSITIVE
Quarterly Net Profit Tech Mahindra Sep-2026 Quarterly Net Profit is Rs 1,614 Cr which is growth of 37.3% YoY.
Tech Mahindra Live Share Price Today, Share Analysis and Chart
NSE 30 Oct, 2026 3:31 PM (IST)
Tech Mahindra Stock Price Analysis
Day Price Range1.2% 1 Day return | 1790.8 (LTP) 1,773.61,813.4 LowHigh |
|---|---|
Week Price Range0.0% 1 Week return | 1790.8 (LTP) 1,733.21,813.4 LowHigh |
Month Price Range18.6% 1 Month return | 1790.8 (LTP) 1,442.51,845 LowHigh |
52 Week Price Range24.9% 1 Year return | 1790.8 (LTP) 1,304.11,854 LowHigh |
Tech Mahindra Forecaster - Analyst Share Price Target and Estimates
Revenue forecast
EPS forecast
Consensus Recommendation
Tech Mahindra quarterly results: revenue, profit, and P&L – 13 quarter history
| Indicator | Graph | Sep '26 | Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 14,280 | 13,081.3 | 12,761.3 | 12,443.4 | 12,314 | 11,988.9 | 11,746.8 | 11,350.9 | 11,860 | 10,753 | 10,683.7 | 10,816.6 | 10,953.3 | ||
Operating Exp. | 11,767.5 | 11,259.9 | 11,054 | 10,646.4 | 10,510.9 | 10,177.9 | 10,371.3 | 9,998.9 | 9,951.5 | 9,677.8 | 9,623.2 | 9,999.9 | 10,102.5 | |
Operating Profit | 1,974.9 | 1,958.7 | 1,327.5 | 1,661.9 | 1,556.7 | 1,416.7 | 1,031.4 | 1,177.3 | 987.1 | 951.8 | 698.2 | 551.5 | 337.2 | |
Operating Profit Margin % | 14.37% | 14.82% | 10.25% | 13.50% | 12.90% | 12.22% | 8.90% | 10.53% | 9.02% | 8.95% | 6.71% | 5.23% | 3.23% | |
Depr. | 240.4 | 235.4 | 230.4 | 218.6 | 213.1 | 211.1 | 215.9 | 217 | 203.1 | 202.3 | 204.4 | 199.6 | 206.2 | |
Interest | 67.8 | 76.3 | 73.6 | 72.5 | 56.6 | 58.8 | 61.2 | 59.8 | 65.1 | 50.6 | 59.1 | 75.3 | 57.7 | |
Profit Before Tax | 2,204.3 | 1,509.7 | 828.3 | 1,260.7 | 1,533.4 | 1,541.1 | 917.5 | 1,075.2 | 1,640.3 | 822.3 | 707.4 | 541.8 | 586.9 | |
Tax | 590.5 | 371.8 | 287 | 296.9 | 357.7 | 362.7 | 207.1 | 216.9 | 346.5 | 197.5 | 180 | 55.9 | 31.1 | |
Net Profit | 1,613.8 | 1,137.9 | 541.3 | 963.8 | 1,175.7 | 1,178.4 | 710.4 | 858.3 | 1,293.8 | 624.8 | 527.4 | 485.9 | 555.8 | |
EPS Adj. latest | 16.5 | 11.6 | 5.5 | 9.8 | 12 | 12 | 7.3 | 8.8 | 13.2 | 6.4 | 5.4 | 5 | 5.7 | |
Net profit TTM | 4,256.8 | 3,818.7 | 3,859.2 | 4,028.3 | 3,922.8 | 4,040.9 | 3,487.3 | 3,304.3 | 2,931.9 | 2,193.9 | 2,128.6 | 2,277.9 | 2,996.4 | |
Basic EPS TTM | 43.4 | 39 | 39.4 | 41.1 | 40 | 41.3 | 35.6 | 33.8 | 30 | 22.4 | 21.8 | 23.3 | 30.7 | |
Earnings Transcripts | ||||||||||||||
AI Summary | ||||||||||||||
Results PDF | ||||||||||||||
Result Notes |
Tech Mahindra Technical Analysis
Tech Mahindra EMA & SMA
| 5 Day | 1784.3 |
|---|---|
| 10 Day | 1759.4 |
| 12 Day | 1746.4 |
| 20 Day | 1702.8 |
| 26 Day | 1680.3 |
|---|---|
| 50 Day | 1631.6 |
| 100 Day | 1585.2 |
| 200 Day | 1550.7 |
Tech Mahindra Delivery And Volume
Tech Mahindra Resistance and Support
| First Resistance | 1811.6 |
|---|---|
| Second Resistance | 1832.4 |
| Third Resistance | 1851.4 |
| First Support | 1771.8 |
|---|---|
| Second Support | 1752.8 |
| Third Support | 1732 |
| Day RSI | 65.8 |
|---|---|
| Day MACD | 66.1 |
| Day MFI | 74.3 |
| Day MACD Signal Line | 54.8 |
Tech Mahindra Beta
| 1 Month | 1.2 |
|---|---|
| 1 Year | 0.6 |
| 3 Month | 1.0 |
|---|---|
| 3 Year | 0.8 |
Tech Mahindra Price Change Analysis
Tech Mahindra Deals - Insider, Bulk, Block and SAST
| Client Name | Deal Type | Action | Date | Avg. Price | Quantity | Exchange |
|---|---|---|---|---|---|---|
| GOLDMAN SACHS (SINGAPORE) PTE.- ODI | Block | Sell | 16 Oct 2025 | 1464 | 102,050 | NSE |
| GOLDMAN SACHS BANK EUROPESE - ODI | Block | Purchase | 16 Oct 2025 | 1464 | 102,050 | NSE |
| THE MTBJ LTD. AS TRST FOR GOVRNMNT PENSION INVSTMNT FUND MTBJ400045828 | Block | Sell | 14 Jul 2025 | 1602.50 | 198,189 | NSE |
| THE MTBJ LTD.AS TRST FOR GOVERNMENT PENSION INVESTMENT FUND MTBJ400045849 | Block | Purchase | 14 Jul 2025 | 1602.50 | 198,189 | NSE |
| RONDURE NEW WORLD FUND | Block | Sell | 20 Oct 2023 | 1170.70 | 212,443 | BSE |
| NORTHERN LIGHTS FUND TRUST III RONDURE NEW WORLD FUND | Block | Purchase | 20 Oct 2023 | 1170.70 | 212,443 | BSE |
| THE RBOS PLC AS DEP OF FIRST ST GE MT FDA SFD OF FIST IN ICVC | Block | Sell | 17 Jul 2023 | 1228.65 | 112,140 | NSE |
| FS INV ICVC - SI GLOBAL EMERGING MARKETS LEADERS SUSTAINABILITY FUND | Block | Sell | 17 Jul 2023 | 1228.65 | 43,047 | NSE |
| THE RBOS PLC AS DEP OF FIRST ST GEM SUS FDA SF OF FIST INICVC | Block | Purchase | 17 Jul 2023 | 1228.65 | 112,140 | NSE |
| THE RBOS PLC AS DEP OF FIRST ST GEM LE FDA SFD OF FIST INICVC | Block | Purchase | 17 Jul 2023 | 1228.65 | 43,047 | NSE |
Tech Mahindra Corporate Actions
Tech Mahindra Dividend history and yield
Tech Mahindra dividend yields, including actual and adjusted, and dividend history, including announcement, record, and ex-dividend dates. Track Tech Mahindra dividend yield over time.
#Ex-Date | Dividend Amount | Dividend Type | Record Date | Instrument Type |
|---|---|---|---|---|
123 Oct 2026 | 15 | INTERIM | 23 Oct 2026 | Equity Share |
203 Jul 2026 | 36 | FINAL | 03 Jul 2026 | Equity Share |
320 Oct 2025 | 15 | INTERIM | 21 Oct 2025 | Equity Share |
404 Jul 2025 | 30 | FINAL | 04 Jul 2025 | Equity Share |
531 Oct 2024 | 15 | INTERIM | 01 Nov 2024 | Equity Share |
Tech Mahindra Bonus shares
Tech Mahindra bonus history along with announcement, record, ex-bonus dates, and bonus ratios.
#Ex-Date | Bonus Ratio | Record Date |
|---|---|---|
119 Mar 2015 | 1:1 | 20 Mar 2015 |
Tech Mahindra Board Meetings
Tech Mahindra past and upcoming board meetings.
#Ex-Date | Purpose | Notes |
|---|---|---|
115 Oct 2026 | Quarterly Results, Int. Dividend & Bonus | - |
216 Jul 2026 | Quarterly Results | - |
322 Apr 2026 | Audited Results & Final Dividend | - |
416 Jan 2026 | Quarterly Results | - |
514 Oct 2025 | Quarterly Results & Interim Dividend | - |
Tech Mahindra Stock Split
Tech Mahindra stock split details, including announcement, record, and ex-split dates, along with the split ratios
#Ex-Date | Old FV | New FV | Record Date |
|---|---|---|---|
119 Mar 2015 | 10 | 5 | - |
Tech Mahindra Research Reports
Tech Mahindra research reports with share price targets, and buy/hold/sell recommendations from top brokers.
# Date | Broker Name | Target | Price When Recommended | Type | Upside | Change Since Recommendation | Links |
|---|---|---|---|---|---|---|---|
| 118 Oct 2026 | Deven Choksey Target | 1942 | 1790 | Accumulate | 8.49% | 0.04% | |
| 215 Oct 2026 | BOB Capital Markets Ltd. Target | 1655 | 1790 | Hold | -7.54% | 0.04% | |
| 315 Oct 2026 | IDBI Capital Target | 1900 | 1790 | Buy | 6.15% | 0.04% | |
| 415 Oct 2026 | ICICI Securities Limited Target | 1590 | 1650 | Hold | -3.64% | 8.53% | |
| 515 Oct 2026 | ICICI Direct Target | 2050 | 1790 | Buy | 14.53% | 0.04% |
Tech Mahindra Corporate Filings
Tech Mahindra BSE corporate filings and AGM, press releases, insider trading & SAST, results and corporate actions.
| Date | Announcement Title | Details | Links |
|---|---|---|---|
| 23 Oct 2026 | Tech Mahindra Ltd - 532755 - Announcement under Regulation 30 (LODR)-Newspaper Publication | Tech Mahindra Limited has informed the Exchange about completion of dispatch of Notice of Postal Ballot dated 15 October 2026 and remote e-voting details. | |
| 22 Oct 2026 | Tech Mahindra Ltd - 532755 - Shareholder Meeting / Postal Ballot-Notice of Postal Ballot | Notice of Postal Ballot. | |
| 21 Oct 2026 | Tech Mahindra Ltd - 532755 - Announcement under Regulation 30 (LODR)-Earnings Call Transcript | Transcript of quarterly earnings conference call for quarter ended 30 September 2026. | |
| 16 Oct 2026 | Tech Mahindra Ltd - 532755 - Announcement under Regulation 30 (LODR)-Newspaper Publication | Newspaper Publication of Financial Results | |
| 16 Oct 2026 | Tech Mahindra Ltd - 532755 - Tech Mahindra Limited Has Informed The Exchange About Newspaper Advertisement Published Regarding The Notice Of Loss Of Share Certificates | Tech Mahindra Limited has informed the Exchange about newspaper advertisement published regarding the notice of loss of share certificates. |
Tech Mahindra Documents
Tech Mahindra Earnings Call
Tech Mahindra earnings calls, including management commentary and AI-generated summaries.
| Date | Title | Links |
|---|---|---|
| 21 Oct 2026 | Tech Mahindra Ltd - 532755 - Announcement under Regulation 30 (LODR)-Earnings Call Transcript | Link |
| 15 Oct 2026 | Tech Mahindra Results Earnings Call for Q2FY27 | AudioVideo |
| 15 Oct 2026 | Tech Mahindra Ltd - 532755 - Outcome And Audio Recording Of Quarterly Earnings Conference Call | Link |
| 22 Jul 2026 | Tech Mahindra Ltd - 532755 - Announcement under Regulation 30 (LODR)-Earnings Call Transcript | Link |
| 16 Jul 2026 | Tech Mahindra Results Earnings Call for Q1FY27 | AudioVideo |
Tech Mahindra Annual Reports
Tech Mahindra financials, including annual results, balance sheets, and cash flow statements.
Tech Mahindra Credit Ratings
Tech Mahindra credit ratings from CRISIL and leading rating agencies, assessing financial stability, investment grade, and related PDF documentation.
Tech Mahindra Investor Presentations
Tech Mahindra investor presentations, including business updates, financial insights, and strategic initiatives.
| Date | Report Title | Links |
|---|---|---|
| 15 Oct 2026 | Tech Mahindra Ltd - 532755 - Announcement under Regulation 30 (LODR)-Investor Presentation | Link |
| 16 Jul 2026 | Tech Mahindra Ltd - 532755 - Announcement under Regulation 30 (LODR)-Investor Presentation | Link |
| 22 Apr 2026 | Tech Mahindra Ltd - 532755 - Announcement under Regulation 30 (LODR)-Investor Presentation | Link |
| 22 Apr 2026 | Tech Mahindra Ltd - 532755 - Announcement under Regulation 30 (LODR)-Investor Presentation | Link |
| 16 Jan 2026 | Tech Mahindra Ltd - 532755 - Announcement under Regulation 30 (LODR)-Investor Presentation | Link |
Tech Mahindra - Company Profile
Tech Mahindra Management Structure
Tech Mahindra management structure with salaries, total experience, and qualifications.
Tech Mahindra Board of Directors
Tech Mahindra Board of directors with salaries, total experience, and qualifications.
Tech Mahindra Brands
Brands owned by Tech Mahindra
| LOGO | BRAND NAME |
|---|---|
![]() | Tech Mahindra |
![]() | TACTiX |
![]() | Makers Lab |
![]() | TechMNXt |
| LOGO | BRAND NAME |
|---|---|
![]() | Target |
![]() | mad*pow |
![]() | techmnxt.i |
![]() | DigitALL |
About the company - Business Profile
Tech Mahindra Ltd. (TechM) is a global provider of digital transformation, consulting, and business re-engineering services. As a key entity within the Mahindra Group, the company operates across diverse industries, with a historical stronghold in the communications vertical. TechM integrates next-generation technologies—including Artificial Intelligence (AI), Cloud, and Cybersecurity—to deliver service offerings that include IT services, Business Process Services (BPS), and engineering services. The company positions itself as a leader in scaling AI outcomes through its Scale at Speed framework, maintaining a presence in over 90 countries with a workforce exceeding 145,000 professionals.
Key Points
- Key Facts: Founded in 1986 (as a joint venture between Mahindra & Mahindra and British Telecom), Tech Mahindra is headquartered in Pune, India. It is a subsidiary of the Mahindra Group. The company is listed on the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE).
- Operations and Resources: TechM operates 168 offices and 58 development centers across 90+ countries. It maintains "Makers Labs" for co-innovation and multiple AI & Advanced Analytics labs.
- Ownership: The company is part of the Mahindra Group (founded in 1945). Following the 2009 acquisition of Satyam Computer Services, it significantly expanded its scale and horizontal capabilities.
- Market and Significance: TechM is a leading global system integrator, particularly dominant in the Telecommunications industry, which accounts for approximately 33% of its revenue. It serves 1,100+ active clients globally.
- Business Model and Strengths: The business model focuses on outcome-based services and strategic consulting. It excels in network services (due to its telecom DNA), engineering R&D, and digital customer experience.
Revenue and Segment Performance (FY25 Annual Data)
The following figures represent the financial performance for the full year ended March 31, 2025:
- Total Revenue from Operations: ₹5,32,902 million.
- Net Profit: ₹42,515 million.
- EBITDA Margin: 9.5%.
Revenue Breakdown by Geography (as of Q4 FY26):
- Americas: 49.7%
- Europe: 26.0%
- Rest of World (ROW): 24.3%
Revenue Breakdown by Vertical (as of Q4 FY26):
- Communications: 33.4%
- Manufacturing: 18.1%
- BFSI: 15.5%
- Technology, Media & Entertainment: 13.2%
- Retail, Logistics & Transport: 8.7%
- Healthcare and Lifesciences: 7.4%
- Others: 3.7%
Technology, Partnerships, and Human Capital
- Technological Advancements: Implementation of the "Vision 2027" strategy focused on margin expansion and AI-led delivery. Key launches include i.GreenFinance, a sustainable lending platform. The company has achieved AWS Generative AI Competency and partnered with Google to scale Gemini Enterprise adoption.
- Key Contracts: Secured a strategic multi-year engagement with a leading European telecommunications provider, cited as one of the largest deals in the company's history.
- Employee Metrics (Q4 FY26):
- Total Headcount: 1,51,000+ (Total includes IT and BPS). Specifically, IT headcount stood at 75,377 in Q4 FY26.
- IT Utilization: 86.6% (Q3 FY26).
- Attrition: LTM IT attrition reduced to 12.1% in Q4 FY26 from 12.8% in Q2 FY26.
- Subsidiaries: Major units include Comviva (mobility solutions), Pininfarina (design), and BORN Group (digital agency).
Sustainability and Strategic Initiatives
- Sustainability: TechM is the first Indian company to receive the Terra Carta Seal. It has a target of 100% renewable energy by 2030 (currently at ~23% for Scope 1 & 2 management).
- Strategic Outlook: Current initiatives focus on "Project Fortius," aimed at driving $250 million in cost savings and improving EBIT margins to 15% by FY27. The company is actively pivoting toward an AI-first delivery model to offset traditional labor-intensive cycles.
References








