Should I buy or sell Tech Mahindra?

The average broker rating on Tech Mahindra is Buy. The breakup of analyst rating is given below - 0 analysts have given a strong sell rating 5 analysts have given a sell rating 13 analysts have given a hold rating 10 analysts have given a buy rating 11 analysts have given a strong buy rating

Is Tech Mahindra a good stock to invest in?

Tech Mahindra can be analyzed on the following key metrics - TTM P/E: 17.17 Sector P/E: 26.24 Dividend Yield: 1.36% D/E ratio: -

Home > Market > Market Stats > Tech Mahindra

Tech Mahindra Share Price

Sector: Software & Programming

1070.40 -31.80 (-2.89%)

Price Range

Today’s Low 1066.3

Today’s High 1103.7

52 Week Low 914.67

52 Week High 1490.34

Key Metrics

Market Cap (In Cr) 107448.5
Beta 0.84
Div. Yield (%) 1.36
P/B 3.6
TTM P/E 17.17
Peg Ratio -12.39
Sector P/E 26.24
D/E -
Open Price 1102.95
Prev Close 1102.2

View All Metrics on Mint Genie

Tech Mahindra Analysis

Price Analysis

1 Week

-0.54%
3 Months

10.19%
6 Month

8.64%
YTD

8.52%
1 Year

-25.62%

Risk Meter

25% Low risk
25% Moderate risk
25% Balanced Risk
25% High risk
25% Extreme risk

Recos

Strong Sell
Sell
Hold
Buy
Strong Buy

Analysts' Views

Ratings
Current
1 W Ago
1 M Ago
3 M Ago

Strong Buy
11
11
11
12

Hold
13
13
13
10

Sell
5
6
6
5

Strong Sell
0
0
1
1

Total
39
39
39
37

Tech Mahindra Financials

INCOME
BALANCE SHEET
Cashflow

DATE

Annual

Quarterly

Period
2022

Total Revenue
44646

Selling/ General/ Admin Expenses Total
29360.1

Depreciation/ Amortization
1511

Other Operating Expenses Total
127.4

Total Operating Expense
38104.9

Operating Income
6541.1

Net Income Before Taxes
7452.1

Net Income
5566.1

Diluted Normalized EPS
62.76

Period
2021

Total Revenue
37855.1

Selling/ General/ Admin Expenses Total
25577.3

Depreciation/ Amortization
1444.4

Other Operating Expenses Total
275.4

Total Operating Expense
32402.8

Operating Income
5452.3

Net Income Before Taxes
5952.9

Net Income
4428

Diluted Normalized EPS
50

Period
2020

Total Revenue
36867.7

Selling/ General/ Admin Expenses Total
25348.4

Depreciation/ Amortization
1426.8

Other Operating Expenses Total
107.9

Total Operating Expense
32616.9

Operating Income
4250.8

Net Income Before Taxes
5057.8

Net Income
4033

Diluted Normalized EPS
46.38

Period
2019

Total Revenue
34742.1

Selling/ General/ Admin Expenses Total
23735.2

Depreciation/ Amortization
1109.7

Other Operating Expenses Total
91.9

Total Operating Expense
29505.2

Operating Income
5236.9

Net Income Before Taxes
5543.2

Net Income
4297.6

Diluted Normalized EPS
47.59

Period
2018

Total Revenue
30772.9

Selling/ General/ Admin Expenses Total
21876.3

Depreciation/ Amortization
1063.9

Other Operating Expenses Total
58.9

Total Operating Expense
27112.7

Operating Income
3660.2

Net Income Before Taxes
4878.8

Net Income
3799.8

Diluted Normalized EPS
41.39

Period
2017

Total Revenue
29140.8

Selling/ General/ Admin Expenses Total
21072.1

Depreciation/ Amortization
966.8

Other Operating Expenses Total
61.4

Total Operating Expense
25920.6

Operating Income
3220.2

Net Income Before Taxes
3853

Net Income
2812.9

Diluted Normalized EPS
31.7

View detailed financials on Mint Genie

Forecast

Income Sheet (In Cr) Net Income Vs Revenue

Returns Metrics (In Cr) ROA Vs ROE

Forecast

Balance Sheet Asset vs Liability

Forecast

Cash Flow Operating vs Investing

Tech Mahindra Peers

Price
Ratio

Name
Latest Price
Change
% Change
52W High
52W Low
Mkt. Cap

HCL Technologies
1049.25
-4.45
-0.42
1203
875.65
284731.31

LTI Mindtree
4559.2
2.4
0.05
6429.4
3733.25
79909.17

Tech Mahindra
1070.4
-31.8
-2.89
1490.34
914.67
93938.07

Tata Elxsi
5902.55
-55.5
-0.93
10760.4
5708.1
36758.98

Mphasis
1682.9
-41.15
-2.39
3466.4
1717.3
31607.84

Tech Mahindra Shareholding

Category
Percentage
No. of shares

Public Shareholding
64.81%
631,079,601

First Sentier Investors Icvc - Stewart Investors Asia Pacific Leaders Sustainability Fund
2.15%
20,928,186

Government Pension Fund Global
2.01%
19,579,105

Others
23.79%
231,681,772

Sbi Nifty 50 Etf
3.15%
30,690,870

Icici Prudential Bluechip Fund
2.15%
20,983,614

Uti - Nifty Exchange Traded Fund
1.27%
12,355,445

Hdfc Trustee Company Limited-Hdfc Flexi Cap Fund
1.14%
11,080,799

Others
4.26%
41,416,753

Life Insurance Corporation Of India
7.44%
72,481,200

Others
2.88%
28,027,422

Others
9.08%
88,418,218

Nps Trust- A/C Lic Pension Fund Scheme - State Govt
1.15%
11,240,089

Others
1%
9,782,407

Others
0.87%
8,496,139

Others
0.79%
7,680,722

Others
0.54%
5,219,975

HUF
0.21%
2,067,748

LLP
0.04%
347,338

Clearing Members
0.03%
306,038

Trusts
0.02%
164,300

Unclaimed or Suspense or Escrow Account
0.01%
71,379

Overseas Corporate Bodies
0%
940

Others
0.2%
1,967,094

Others
0.19%
1,881,483

Others
0.17%
1,645,317

Others
0.14%
1,391,450

Others
0.1%
1,001,264

Others
0.01%
137,750

Others
0%
20,650

Foreign Bank
0%
10,256

Foreign Institutional Investors
0%
1,876

Others
0%
1,582

Others
0%
420

Promoter & Promoter Group Shareholding
35.19%
342,699,332

Mahindra & Mahindra Limited
25.47%
248,022,598

TMLBenefitTrustThroughMrManojRaghunathBhatTrusteeThetrustsettledbyTechMahindraLtd
9.68%
94,235,629

Mahindra Holdings Limited
0.02%
198,201

Mahindra-BT Investment Company (Mauritius) Limited
0.02%
242,904

Shareholding Pattern

Shareholding Trend

Shareholding(%) v/s Date

Corporate Actions

Board Meeting
AGM
Dividends
Bonus
Split
Rights

Meeting Date
Purpose

30-Jan-23
Quarterly Results

01-Nov-22
Audited Results & Interim Dividend

25-Jul-22
Quarterly Results

13-May-22
Audited Results & Dividend

01-Feb-22
Quarterly Results

25-Oct-21
Quarterly Results & Special Dividend

29-Jul-21
Quarterly Results

26-Apr-21
Audited Results & Dividend

30-Jan-21
Quarterly Results

29-Jan-21
Quarterly Results

Meeting Date
Announced on
Purpose

26-Jul-22
13-May-22
AGM

30-Jul-21
26-Apr-21
AGM

Announced on
Record Date
Ex-Dividend
Dividend Value

25-Oct-22
10-Nov-22
09-Nov-22
18

13-May-22
-
21-Jul-22
15

14-May-22
-
21-Jul-22
15

25-Oct-21
05-Nov-21
02-Nov-21
15

26-Apr-21
-
23-Jul-21
15

27-Apr-21
-
23-Jul-21
15

Company Profile

ABOUT Tech Mahindra

Industry Software & Programming
ISIN INE669C01036
BSE Code 532755
NSE Code TECHM

Tech Mahindra Limited is an India-based provider of digital transformation, consulting and business re-engineering services and solutions. The Company operates through two segments: Information Technology (IT) Services and Business Processing Outsourcing (BPO). Its geographical segments include the Americas, Europe region, India and the Rest of the world. The Company’s products/services include telecom services, consulting, application outsourcing, infrastructure outsourcing, engineering services, business services group, platform solutions and mobile value-added services. The Company serves industries, including communications, manufacturing, technology, media and entertainment, banking, financial services and insurance, and retail, transport and logistics. Its subsidiaries include Tech Mahindra Luxembourg S.a r.l., Yabx India Private Limited, Tech Mahindra Credit Solutions Inc, Tech Mahindra Technology Services LLC, Zen3 Infosolutions (America) Inc. and Oslo Solutions LLC.

MANAGEMENT

Chander Gurnani Chief Executive Officer, Managing Director, Director
Mohit Joshi Chief Executive Officer, Managing Director, Director
Milind Kulkarni Chief Financial Officer
Harshvendra Soin Chief People Officer
Anil Khatri Compliance Officer, Company Secretary
Vineet Vij General Counsel
Sandeep Chandna Chief Sustainability Officer
Subrahmanyam Kuna Head of Infrastructure Management
Cvn Varma Heads of Corporate Services

TECH MAHINDRA SUMMARY

Tech Mahindra is trading 2.89% lower at Rs 1070.40 as compared to its last closing price. Tech Mahindra has been trading in the price range of 1103.7 & 1066.3. Tech Mahindra has given 8.52% in this year & -0.54% in the last 5 days.

Tech Mahindra has TTM P/E ratio 17.17 as compared to the sector P/E of 26.24. There are 39 analysts who have initiated coverage on Tech Mahindra. There are 11 analysts who have given it a strong buy rating & 10 analysts have given it a buy rating. 5 analysts have given the stock a sell rating.

The company posted a net profit of 1296.6 Crores in its last quarter.

Listed peers of Tech Mahindra include HCL Technologies (-0.42%), LTI Mindtree (0.05%), Tech Mahindra (-2.89%) etc.

Tech Mahindra has a 35.19% promoter holding & 64.81% public holding.

FAQs about Tech Mahindra

Tech Mahindra is trading at 1070.40 as on 28 Mar, 2023 2:16:30 PM. This is -2.89% lower as compared to its previous closing price of 1102.2

The market capitalization of Tech Mahindra is 107448.5 Cr as on 28 Mar, 2023 2:16:30 PM.

The average broker rating on Tech Mahindra is Buy. The breakup of analyst rating is given below -

0 analysts have given a strong sell rating
5 analysts have given a sell rating
13 analysts have given a hold rating
10 analysts have given a buy rating
11 analysts have given a strong buy rating

The 52 wk high for Tech Mahindra is 1490.34 whereas the 52 wk low is 914.67

Tech Mahindra can be analyzed on the following key metrics -

TTM P/E: 17.17
Sector P/E: 26.24
Dividend Yield: 1.36%
D/E ratio: -

Tech Mahindra reported a net profit of 5566.1 Cr in 2022.

Tech Mahindra Share Price

Price Range