Tech Mahindra
NSE: TECHM · IT
₹1,537.05
▲ +2.47%Price chart
Illustrative price history · not actual market candles
A. Company overview
IT services firm strong in telecom vertical.
B. Fundamental analysis (illustrative)
Revenue growth
+20.20%
Net profit growth
+7.60%
Operating margin
12.66%
EBITDA margin
15.58%
ROE
22.25%
ROCE
20.26%
Debt / Equity
0.69
EPS
₹27.91
Operating cash flow
₹1,13,975 Cr
Working capital
₹71,258 Cr
5-year revenue & profit (₹ Cr)
C. Financial statements (illustrative)
| ₹ Cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 5,58,134 | 5,98,994 | 6,69,500 | 7,71,265 | 8,90,723 |
| EBITDA | 1,21,049 | 1,21,822 | 1,26,515 | 1,28,298 | 1,38,776 |
| Net profit | 75,655 | 76,139 | 79,072 | 80,186 | 86,735 |
| EPS (₹) | 19.54 | 21.77 | 24 | 26.24 | 28.47 |
D. Valuation analysis
P/E
55.08
P/B
8.74
EV/EBITDA
14.19
Price/Sales
3.73
EPS
₹27.91
Dividend yield
0.84%
Peer comparison — IT
| Company | CMP | P/E | P/B | ROE | D/E |
|---|---|---|---|---|---|
| Tech Mahindra | 1,537.05 | 55.08 | 8.74 | 22.25% | 0.69 |
| Infosys | 1,886.82 | 39.32 | 9.75 | 10.52% | 1.29 |
| Tata Consultancy Services | 4,126.24 | 49.25 | 6.65 | 27.13% | 1.15 |
| Wipro | 245.63 | 29.69 | 1.45 | 22.57% | 0.2 |
| HCL Technologies | 1,525.05 | 20.33 | 10.71 | 10.47% | 0.29 |
| LTIMindtree | 5,496.15 | 47.31 | 2.19 | 19.5% | 0.05 |
E. Technical analysis
RSI (14)
61.6
MACD
-9.7
Support
₹1,460.20
Resistance
₹1,629.27
Volume
19,06,405
Illustrative technical charts · not actual market history
Candlestick (last 50 sessions)
Price with 50-DMA & 200-DMA, volume
Fibonacci retracement levels
F. Shareholding pattern
G. SWOT analysis
Strengths
- Established position in IT
- ROE of 22.25% in demo data
Weaknesses
- Limited pricing power in some segments
- Cyclical exposure
Opportunities
- Domestic demand growth
- Expansion in Communications
Threats
- Regulatory changes
- Competitive intensity
Illustrative template points for demonstration.
H. Research conclusion
Financial strength
Moderate leverage to monitor
Business quality
High capital efficiency
Valuation
Premium valuation
Growth
Sales growth of 20.2%
Risk assessment
Low risk
Overall
Illustrative SELL opinion · target ₹1,386.61 · stop loss ₹1,406.17
I. Corporate actions
Dividend history (₹/share)
| Year | Dividend |
|---|---|
| FY22 | 10.33 |
| FY23 | 11.11 |
| FY24 | 11.88 |
| FY25 | 12.65 |
| FY26 | 13.43 |
Bonus, splits & announcements
- Bonus history: none in demo dataset
- Stock split history: none in demo dataset
- Board meeting for quarterly results — demo announcement