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Day High
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NSE Close — 25 Sep 2026
₹1,548.0
Change
+5.0 (0.32%)
Open
₹1,540.0
Prev. Close
₹1,543.0
Day High
₹1,554.7
Day Low
₹1,526.6
Volume Analysis
Traded
939,846
Delivered
516,051
Delivery %
54.91%
End-of-day NSE price via the official Bhavcopy — updated once daily after market close, not a live tick.
Strengths, Weaknesses, Opportunities & Threats
Strengths (0)
No signal for this stock
Weaknesses (0)
No signal for this stock
Opportunities (0)
No signal for this stock
Threats (1)
- •FII holding has been falling
Rule-based signals from the fundamentals below — not investment advice.
Pivot Levels
| Type | R3 | R2 | R1 | Pivot | S1 | S2 | S3 |
|---|---|---|---|---|---|---|---|
| Classic | ₹1,587.7 | ₹1,571.2 | ₹1,559.6 | ₹1,543.1 | ₹1,531.5 | ₹1,515.0 | ₹1,503.4 |
| Fibonacci | ₹1,571.2 | ₹1,560.47 | ₹1,553.83 | ₹1,543.1 | ₹1,532.37 | ₹1,525.73 | ₹1,515.0 |
| Camarilla | ₹1,555.73 | ₹1,553.15 | ₹1,550.58 | ₹1,543.1 | ₹1,545.42 | ₹1,542.85 | ₹1,540.27 |
Support/resistance levels for today, calculated from the previous trading day's high/low/close.
Absolute Returns
YTD
-3.71%
1 Week
-0.67%
1 Month
-5.66%
3 Months
+10.2%
6 Months
+10.22%
1 Year
+9.97%
2Y/3Y/5Y not shown yet — price history tracking only goes back to mid-2025 so far.
Stock Vitals
Computed from the latest available annual financials.
Graham Number
₹577.61
Current price is above the Graham Number — Benjamin Graham's estimate of fair value based on earnings and book value.
DuPont ROE Breakdown
16.79%
Net margin 8.72% × asset turnover 1.16x × equity multiplier 1.66x
Company Overview
Sector
Information Technology
Market Cap
₹151,729 Cr
P/E (TTM)
28.5
ROE
17.5%
Book Value
₹302.0
Face Value
₹5.0
Source: Screener.in (Consolidated figures) — data as of 27 Sep 2026. Not investment advice.
TopFund Analysis
Tech Mahindra Limited lands in the middle of the pack on TopFund's composite fundamentals check within the Information Technology sector, at 63/100. The strongest factor is Financial Strength (100/100), while Growth (15/100) is the weakest area to weigh before deciding. FII holding has been falling.
TopFund Score — Fundamentals Quality
63/100 — AverageData confidence: 79/100 (Moderate Confidence) — based on how complete and how fresh the underlying data is.
As of 27 Sep 2026 · How we calculate this →
Financial Strength
Growth
Valuation
Cash Flow
Corporate Governance
Momentum
Institutional Ownership
Business Quality
Risk & Volatility
Liquidity
From Screener.in
- +Company is almost debt free.
- +Stock is providing a good dividend yield of 3.29%.
- +Company has been maintaining a healthy dividend payout of 112%
- −The company has delivered a poor sales growth of 8.46% over past five years.
- −Company has a low return on equity of 13.3% over last 3 years.
Not investment advice — an automated read of public fundamentals data, for research context only.
Corporate Actions
CARE reaffirmed Tech Mahindra’s ratings: CARE AAA; Stable for ₹2,500 crore facilities on 25 September 2026.
Tech Mahindra schedules virtual Kotak Fireside Chat investor meeting on 23 September 2026.
Intimation of Schedule of Investor Interactions with Tech Mahindra''s Leadership - Regulation 30 of the SEBI (LODR) ....
Intimation of Schedule of Investor Interaction with Tech Mahindra''s Leadership - Regulation 30 of the SEBI (LODR) ....
Source: BSE regulatory filings, via Screener.in.
Quarterly Results
Last several quarters
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 13,159 | 12,864 | 13,101 | 12,871 | 13,006 | 13,313 | 13,286 | 13,384 | 13,351 | 13,995 | 14,393 | 15,076 | 15,712 |
| Expenses + | 11,821 | 11,950 | 11,955 | 11,772 | 11,441 | 11,563 | 11,477 | 11,545 | 11,416 | 11,830 | 12,028 | 12,511 | 12,974 |
| Operating Profit | 1,338 | 914 | 1,146 | 1,099 | 1,564 | 1,750 | 1,809 | 1,839 | 1,935 | 2,165 | 2,366 | 2,565 | 2,738 |
| OPM % | 10.0% | 7.0% | 9.0% | 9.0% | 12.0% | 13.0% | 14.0% | 14.0% | 14.0% | 15.0% | 16.0% | 17.0% | 17.0% |
| Other Income + | 200 | 264 | 92 | 380 | 147 | 522 | 23 | 173 | 219 | 40 | -293 | -205 | -106 |
| Interest | 120 | 98 | 116 | 58 | 72 | 89 | 76 | 85 | 78 | 77 | 94 | 89 | 111 |
| Depreciation | 447 | 466 | 443 | 461 | 462 | 470 | 459 | 462 | 458 | 469 | 474 | 481 | 479 |
| Profit before tax | 971 | 615 | 679 | 959 | 1,178 | 1,714 | 1,297 | 1,464 | 1,618 | 1,659 | 1,505 | 1,791 | 2,042 |
| Tax % | 28.0% | 18.0% | 23.0% | 31.0% | 27.0% | 27.0% | 24.0% | 22.0% | 30.0% | 28.0% | 26.0% | 24.0% | 27.0% |
| Net Profit + | 704 | 505 | 524 | 664 | 865 | 1,258 | 989 | 1,142 | 1,129 | 1,202 | 1,119 | 1,356 | 1,486 |
| EPS in Rs | 7 | 5 | 5 | 7 | 9 | 13 | 10 | 12 | 12 | 12 | 11 | 14 | 15 |
| Raw PDF | — | — | — | — | — | — | — | — | — | — | — | — | — |
Source: Screener.in — figures in ₹ Crores unless marked %.
Profit & Loss (Yearly)
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 22,621 | 26,494 | 29,141 | 30,773 | 34,742 | 36,868 | 37,855 | 44,646 | 53,290 | 51,996 | 52,988 | 56,815 | 59,176 |
| Expenses + | 18,428 | 22,234 | 24,956 | 26,063 | 28,471 | 31,365 | 31,059 | 36,626 | 45,527 | 47,489 | 46,024 | 47,783 | 49,342 |
| Operating Profit | 4,193 | 4,260 | 4,184 | 4,710 | 6,271 | 5,503 | 6,796 | 8,020 | 7,763 | 4,506 | 6,964 | 9,033 | 9,834 |
| OPM % | 19.0% | 16.0% | 14.0% | 15.0% | 18.0% | 15.0% | 18.0% | 18.0% | 15.0% | 9.0% | 13.0% | 16.0% | 17.0% |
| Other Income + | 106 | 453 | 775 | 1,417 | 534 | 1,192 | 788 | 1,115 | 965 | 927 | 864 | -240 | -564 |
| Interest | 69 | 97 | 129 | 162 | 133 | 192 | 174 | 163 | 326 | 392 | 322 | 337 | 371 |
| Depreciation | 611 | 759 | 978 | 1,085 | 1,129 | 1,446 | 1,458 | 1,520 | 1,957 | 1,817 | 1,853 | 1,882 | 1,902 |
| Profit before tax | 3,618 | 3,857 | 3,853 | 4,879 | 5,543 | 5,058 | 5,953 | 7,452 | 6,446 | 3,224 | 5,653 | 6,573 | 6,997 |
| Tax % | 27.0% | 22.0% | 26.0% | 22.0% | 23.0% | 23.0% | 27.0% | 24.0% | 25.0% | 26.0% | 25.0% | 27.0% | — |
| Net Profit + | 2,659 | 3,027 | 2,851 | 3,786 | 4,289 | 3,897 | 4,353 | 5,630 | 4,857 | 2,397 | 4,253 | 4,806 | 5,163 |
| EPS in Rs | 27 | 31 | 29 | 39 | 44 | 42 | 46 | 57 | 50 | 24 | 43 | 49 | 52 |
| Dividend Payout % | 22.0% | 35.0% | 28.0% | 33.0% | 29.0% | 32.0% | 89.0% | 47.0% | 91.0% | 150.0% | 94.0% | 94.0% | — |
Source: Screener.in — figures in ₹ Crores unless marked %.
Balance Sheet
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Reserves | 11,768 | 14,155 | 15,998 | 18,401 | 19,841 | 21,377 | 24,428 | 26,447 | 27,484 | 26,228 | 26,919 | 29,173 |
| Borrowings + | 700 | 1,091 | 1,366 | 2,397 | 1,996 | 3,670 | 2,901 | 2,618 | 2,740 | 2,537 | 2,025 | 2,186 |
| Other Liabilities + | 6,899 | 6,843 | 8,254 | 9,192 | 11,166 | 11,834 | 11,836 | 14,911 | 15,162 | 13,943 | 14,880 | 17,366 |
| Total Liabilities | 19,848 | 22,525 | 26,057 | 30,431 | 33,446 | 37,318 | 39,602 | 44,416 | 45,827 | 43,149 | 44,267 | 49,168 |
| Fixed Assets + | 4,033 | 4,309 | 6,460 | 7,622 | 7,061 | 8,872 | 9,018 | 14,784 | 14,932 | 13,903 | 13,982 | 14,864 |
| CWIP | 568 | 629 | 373 | 240 | 276 | 50 | 118 | 165 | 120 | 133 | 21 | 27 |
| Investments | 2,103 | 1,297 | 2,396 | 4,841 | 7,342 | 5,848 | 10,238 | 4,884 | 3,388 | 3,238 | 3,182 | 3,426 |
| Other Assets + | 13,145 | 16,289 | 16,828 | 17,728 | 18,766 | 22,548 | 20,228 | 24,583 | 27,388 | 25,875 | 27,082 | 30,851 |
| Total Assets | 19,848 | 22,525 | 26,057 | 30,431 | 33,446 | 37,318 | 39,602 | 44,416 | 45,827 | 43,149 | 44,267 | 49,168 |
| Equity Capital | 480 | 436 | 439 | 442 | 444 | 436 | 437 | 439 | 440 | 441 | 442 | 443 |
Source: Screener.in — figures in ₹ Crores unless marked %.
Cash Flow
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity + | 2,448 | 3,137 | 4,071 | 3,554 | 4,432 | 4,358 | 8,094 | 5,285 | 5,572 | 6,376 | 5,786 | 6,172 |
| Cash from Investing Activity + | -1,865 | -1,453 | -2,893 | -3,319 | -2,104 | 1,081 | -5,433 | 480 | -226 | -1,318 | -15 | -314 |
| Cash from Financing Activity + | -829 | -496 | -1,571 | -269 | -2,251 | -4,466 | -2,987 | -4,667 | -5,078 | -4,767 | -5,799 | -5,130 |
| Net Cash Flow | -246 | 1,188 | -392 | -35 | 77 | 974 | -326 | 1,098 | 267 | 291 | -29 | 728 |
| CFO/OP | 84 | 105 | 123 | 108 | 97 | 107 | 140 | 95 | 97 | 169 | 104 | 87 |
| Free Cash Flow | 1,335 | 2,266 | 3,311 | 2,763 | 3,653 | 3,529 | 7,521 | 4,450 | 4,603 | 5,639 | 5,303 | 5,626 |
Source: Screener.in — figures in ₹ Crores unless marked %.
Shareholding Pattern
Quarter-by-quarter — Promoters, FII, DII & public holding trend
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Public | 11.44% | 11.22% | 11.16% | 10.84% | 10.23% | 9.88% | 9.74% | 9.43% | 9.61% | 9.14% | 8.94% | 9.28% |
| Promoters | 35.13% | 35.1% | 35.08% | 35.04% | 35.02% | 35.01% | 35.0% | 34.99% | 34.98% | 34.97% | 34.97% | 34.96% |
| Government | 0.17% | 0.17% | 0.17% | 0.17% | 0.17% | 0.17% | 0.17% | 0.17% | 0.17% | 0.17% | 0.17% | 0.17% |
| FII | 26.22% | 24.58% | 24.15% | 23.27% | 23.67% | 24.19% | 22.95% | 23.28% | 20.6% | 17.94% | 18.59% | 18.66% |
| DII | 27.03% | 28.91% | 29.42% | 30.66% | 30.9% | 30.73% | 32.13% | 32.13% | 34.64% | 37.79% | 37.34% | 36.92% |
Source: Screener.in — quarterly shareholding disclosures.
Peers Comparison
Information Technology — ranked by market cap
| Company | Market Cap (Cr) | P/E | P/B | ROE |
|---|---|---|---|---|
| Tech Mahindra Limited (this stock) | 151,729 | 28.5 | 5.13 | 17.5% |
| Wipro Ltd | 162,466 | 12.3 | 1.95 | 15.5% |
| Ltm Limited | 121,121 | 21.6 | 5.04 | 23.1% |
| Oracle Fin Serv Soft Ltd. | 93,809 | 27.5 | 11.98 | 32.6% |
| Persistent Systems Ltd | 84,743 | 42.6 | 10.81 | 27.2% |
| Coforge Limited | 79,647 | 41.5 | 6.33 | 21.4% |
| Mphasis Limited | 42,658 | 22.0 | 3.97 | 18.5% |
Which Mutual Funds Hold Tech Mahindra Limited?
Frequently Asked Questions about Tech Mahindra Limited
Tech Mahindra Limited (TECHM) closed at ₹1,548.0 on NSE on 25 September 2026, up 5.0 (0.32%) from the previous close.
Tech Mahindra Limited trades on the NSE (National Stock Exchange of India) under the symbol TECHM.
Tech Mahindra Limited has a trailing twelve-month P/E (price-to-earnings) ratio of 28.5.
Tech Mahindra Limited has a dividend yield of 3.29%.
Tech Mahindra Limited's 52-week high is ₹1,854.0 and its 52-week low is ₹1,304.0.
Tech Mahindra Limited has a market capitalisation of ₹151,729 crore.
Tech Mahindra Limited has a TopFund Quality Score of 63/100 (Average), a composite of profitability, balance-sheet health, growth and valuation. This is an analytical score based on public data, not personalized investment advice — see the full breakdown below before deciding.
Community Sentiment
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