Price To Earnings Ratio 58.85 | Sector PE 75.20 |
PB Ratio 5.26 | Sector PB 8.53 |
EPS 26.71 | Dividend Yield 3.20 |
Today's Volume 1.621 M | 5 Day Avg. Volume 1.854 M |
PEG Ratio -1.15 | Market Cap. ₹ 1,60,000.00 Cr. |
Time | TECHM | VS | Industry |
---|---|---|---|
1 Day | -3.86% | -1.14% | |
1 Week | 0.29% | 0.38% | |
1 Month | -1.56% | -4.54% | |
6 Months | 24.08% | 0.64% | |
1 Year | 31.66% | 22.96% |
Period (Days) | SMA | Indication |
---|---|---|
10 | 1616.55 | Bearish |
20 | 1621.75 | Bearish |
30 | 1623.56 | Bearish |
50 | 1595.11 | Bearish |
100 | 1501.03 | Bullish |
200 | 1391.29 | Bullish |
Annual | FY 2024 | FY 2023 | FY 2022 | ||||
---|---|---|---|---|---|---|---|
Operating Activities | 6376.40 | 5572.00 | 5285.30 | ||||
Investing Activities | -1313.70 | -278.50 | 481.50 | ||||
Financing Activities | -4767.20 | -5078.10 | -4666.60 | ||||
Net Cash Flow | 295.50 | 215.40 | 1100.20 |
All Figures in ₹ Cr., unless mentioned otherwise
Name | 1D (%) | 1W (%) | 1M (%) | 6M (%) | 1Y (%) |
---|---|---|---|---|---|
Tech Mahindra | -3.86 | 0.29 | -1.56 | 24.08 | 31.66 |
HCL Technologies | -0.79 | 2.31 | 0.4 | 6.78 | 40.76 |
Cyient | -0.97 | -0.9 | -8.55 | -20.16 | 5.62 |
Firstsource Solutions | -1.3 | 0.64 | -7.16 | 40.34 | 82.06 |
Coforge | -2.19 | 3.24 | 5.72 | 20.06 | 34.25 |
This article will examine Tech Mahindra Limited from the ground up in order to understand its business model and industry and decide whether it would be a suitable investment for you.
Tech Mahindra is an Indian multinational information technology (IT) services and consulting company founded by Anand Mahindra. It is a part of the Mahindra Group and has its headquarters in Pune, Maharashtra, with a registered office in Mumbai.
The company was founded in 1986 as a joint venture with British Telecom, initially named Mahindra British Telecom (MBT), and later renamed as Tech Mahindra.
Tech Mahindra provides digital solutions and platforms for delivering meaningful results, improving customer experience, and transforming industries among others. They operate across different sectors namely banking, insurance, telecommunications, media, entertainment, retail, etc.
Tech Mahindra employs over 146000 employees across 90 countries by the year 2024. It has been regarded as one of India’s biggest tech firms renowned for its innovative and customer-centric IT solutions and services.
The IT and Consulting sector in India has shown significant growth and resilience, making it a potentially good investment.
The sector has been flourishing thanks to strong governmental support, a good English-based educational system, a large talent pool, and an open market. Accounting for 7.5% of the GDP in the financial year 2023, the IT-BPM has played a remarkable role in India’s socio-economic growth.
Moreover, India made up more than 19% of the global IT spending. The industry has created millions of jobs in the country and is recognised worldwide for its high-quality IT outsourcing services.
In terms of specific companies, Tech Mahindra stands out as a promising investment opportunity. With its strong market capitalisation and impressive revenue growth, Tech Mahindra offers a stable and promising outlook for investors, supported by its solid return on equity, favorable operating cash flow, and levered free cash flow.
Tech Mahindra has several competitors in the IT and Consulting sector. Some of the main ones include:
Tech Mahindra Limited is an Indian multinational information technology services and consulting company that is part of the Mahindra Group. Here’s a brief history of the company:
Here’s a summary of Tech Mahindra Limited’s financial information as of June 2024:
Metric |
Value |
---|---|
Rs. 1,31,861 Cr. |
|
Book value |
Rs. 273 (Per share) |
2.96 % |
|
11.9 % |
|
8.64 % |
|
Rs. 5.00 |
Source: https://www.screener.in/company/TECHM/consolidated/
As of the latest quarter of 2024, the shareholding pattern of Tech Mahindra Ltd. is as follows:
Let’s compare Tech Mahindra Limited with its peers that have complete data available. Here’s a concise table:
Metric |
Wipro |
HCLTech |
Infosys |
Tata Consultancy Services (TCS) |
---|---|---|---|---|
22.48 |
24.52 |
23.73 |
30.41 |
|
P/B Ratio |
3.33 |
5.64 |
7.04 |
15.29 |
Dividend Yield (Avg.) |
0.21 |
4.93 |
3.07 |
1.89 |