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Nifty 50 · Information Technology

Tech Mahindra

Tech Mahindra is an IT services company with strengths in telecom, BFSI, and manufacturing verticals.

TECHM · Information Technology
₹1,635.00
+2.80 (+0.17%)
Day High
₹1,681.50
Day Low
₹1,634.30
52W High
₹1,854.00
52W Low
₹1,304.10
Volume today: 60.89 L
PaisaTamil Consensus
BUYScore 69/100 · Medium confidence

Overall fundamentals and market signals are favourable. Consider for long-term portfolios with periodic review.

12M Price Target
₹1,799
Low ₹1,602 · High ₹2,044
Analyst-style Breakdown
Strong Buy
0
Buy
2
Hold
11
Sell
0
Strong Sell
0

Derived from public market signals — price momentum, earnings trend, valuation, quality, and technical position — modelled in an analyst-style consensus format.

Signal Breakdown
Price Momentum75/100
1M +14.4%, 1Y +14.4%
Earnings Trend92/100
Latest quarter revenue ₹15.7k Cr, profit ₹1.5k Cr
Valuation35/100
P/E 28.0x vs sector median ~22x
Financial Quality78/100
ROE 16.5%, ROCE 18.0%
Technical Position55/100
Trading between 52W low 1304 and high 1854
Price Chart
Quarterly Results
QuarterRevenueNet ProfitEPSRev YoYProfit YoY
Jun 2026₹15.7k Cr₹1.5k Cr16.53+17.4%+25.6%
Mar 2026₹15.1k Cr₹1.4k Cr15.27
Dec 2025₹14.4k Cr₹1.1k Cr12.66
Jun 2025₹13.4k Cr₹1.1k Cr12.87
Mar 2025₹13.4k Cr₹1.2k Cr13.17
Key Ratios
Market Cap
₹1.5 L Cr
P/E Ratio
28.0x
P/B Ratio
4.8x
ROE
16.5%
ROCE
18.0%
Dividend Yield
2.8%

Reference fundamentals for analysis. Verify latest quarterly results before making investment decisions.

Company Overview

Tech Mahindra provides digital transformation, consulting, and BPO services. It has a large telecom client base globally.

Strengths
  • +Telecom vertical expertise
  • +EV and manufacturing practice growth
  • +Attractive dividend yield
  • +Cost optimisation underway
Risks
  • Telecom client spending decline
  • Slower growth vs top-tier peers
  • Margin pressure
  • Leadership transition execution
Investment Analysis
What to watch
  • Tech Mahindra's telecom exposure is both strength and risk.
  • Manufacturing and EV practice could diversify revenue.
  • Turnaround in growth would close valuation gap.
IndustryIT Services
SectorInformation Technology
NSE SymbolTECHM
Index Weight0.70%
Market Cap₹1.5 L Cr
Frequently Asked Questions
Yes. Tech Mahindra is a current constituent of the Nifty 50, which means it is among the 50 largest and most liquid stocks on the National Stock Exchange (NSE).
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