Tech Mahindra

Quick check

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• DebtHighest safetyRated AAA by CARE.
• ResultsGrowingIn the Sep 2026 quarter, sales rose 16% and profit rose 34% from a year earlier.
• DilutionNo new sharesNo new shares issued in the last year, so existing shareholders' slices were not cut.
• PromotersSteadyThe promoters (founders or parent) own 35% of the company, about the same as in Jun 2025.
• ValuationNormal for this stockThe share trades at 30.7 times its yearly earnings (P/E), pricier than 52% of the time in the last 5 years. Its usual P/E is about 18.

Tech Mahindra against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.

• Valuation (P/E)30.7 against a typical 21.9: pricier than most peers (1st = cheapest).71st of 108
• Sales growth+15.6% against a typical +10.6% from a year earlier.36th of 90
• Profit growth+33.9% against a typical +1.1% from a year earlier.20th of 75
• Share price, 3 months+10.2% against a typical −8.4%.19th of 97
• Size₹ 1,75,385.1 Cr. market value against a typical ₹ 218.6 Cr. (1st = largest).4th of 101

Exchange filings and their impact on the company.

• 21 Oct 2026Analysts/Institutional Investor Meet/Con. Call UpdatesMedium impactPositivePrice −0.3% on 22 Oct
  Strong Q2 with 7.2% constant-currency growth and 14.8% margin keeps TechM on track for 15% FY27 margin target.

  Tech Mahindra reported a strong Q2 FY27 with revenue of USD 1,693 million, up 7.2% year-on-year in constant currency, and EBIT margin of 14.8%, up 260 basis points year-on-year. Total deal wins were USD 1,023 million, with last-12-month wins at USD 4,270 million up 34.8%, and the company reiterated its FY27 EBIT margin target of 15%. The board declared an interim dividend of Rs 15 per share and recommended a 1:1 bonus issue to mark the 40th anniversary, reflecting confidence in sustained profitable growth.

  Full analysisFiling
• 15 Oct 2026Outcome of Board MeetingHigh impactVery positivePrice +8.5% on 16 Oct
  Strong Q2 with 15.6% revenue and 32.7% PAT growth, $1bn+ deal wins, Rs 15 dividend and 1:1 bonus.

  Tech Mahindra reported strong Q2 FY27 with revenue of Rs 16,180 crore up 15.6% year-on-year, EBIT of Rs 2,387 crore up 40.5% and net profit of Rs 1,586 crore up 32.7%, with EBIT margin at 14.8%. New deal wins were USD 1,023 million, up 25.4%, the fourth straight quarter above $1 billion. The board declared an interim dividend of Rs 15 per share and recommended a 1:1 bonus share issue, which do not change business value but signal confidence and strong cash generation.

  Full analysisFiling

Results dates and other board meetings. Full calendar

Compounded yearly rates over each period.

Listed companies in the same business.

Mohit Joshi

Chief Executive Officer, Managing Director, Executive Director

Rohit Anand

Chief Financial Officer

Atul Soneja

Chief Operating Officer

Richard Gerard Lobo

Chief People Officer

Peeyush Dubey

Chief Marketing Officer

Ruchie Khanna

Chief Compliance Officer, Company Secretary

Nitesh Aggarwal

Chief Risk Officer, Chief Strategy Officer

Sandeep Chandna

Chief Sustainability Officer