Tech Mahindra Ltd

Tech Mahindra Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Tech Mahindra Ltd

₹ 1,109 -1.23%
05 Jun 4:01 p.m.
techmahindra.com BSE: 532755 NSE : TECHM
About

Tech Mahindra Ltd provides comprehensive range of IT services, including IT enabled service, application development and maintenance, consulting and enterprise business solutions, etc. to a diversified base of corporate customers in a wide range of industries.[1]

Key Points

Services Offerings
The company offers a wide range of services e.g. infrastructure & cloud services, engineering services, application services, data analytics, network services, testing services, performance engineering, Security & risk management services, business process services, product engineering, consulting, etc. [1]

Website BSE NSE
  • Market Cap ₹ 1,08,066 Cr.
  • Current Price ₹ 1,109
  • High / Low ₹ 1,166 / 944
  • Stock P/E 28.6
  • Book Value ₹ 259
  • Dividend Yield 2.87 %
  • ROCE 19.5 %
  • ROE 14.8 %
  • Face Value ₹ 5.00
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Pros

  • Company is almost debt free.
  • Company has been maintaining a healthy dividend payout of 91.4%

Cons

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Peer comparison

Sector: IT - Software Industry: Computers - Software - Large

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023
7,572 7,165 7,404 7,565 7,507 7,932 8,465 9,279 9,560 9,965 10,599 10,988 10,938
7,113 6,147 6,118 6,031 6,014 6,674 6,938 7,683 8,309 8,727 9,581 9,593 9,895
Operating Profit 459 1,017 1,286 1,534 1,493 1,258 1,526 1,596 1,251 1,238 1,018 1,395 1,043
OPM % 6% 14% 17% 20% 20% 16% 18% 17% 13% 12% 10% 13% 10%
1,258 272 157 286 207 240 650 416 244 119 536 369 80
Interest 27 18 15 15 15 18 14 15 19 25 38 58 57
Depreciation 172 169 170 166 158 154 158 173 216 186 210 195 202
Profit before tax 1,518 1,102 1,258 1,640 1,527 1,326 2,004 1,824 1,260 1,146 1,306 1,510 864
Tax % 8% 22% 24% 23% 24% 26% 22% 25% 13% 23% 27% 20% 22%
Net Profit 1,392 854 962 1,256 1,168 986 1,560 1,375 1,090 882 956 1,204 677
EPS in Rs 14.41 8.84 9.95 12.98 12.06 10.18 16.08 14.17 11.22 9.07 9.83 12.37 6.95
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
5,243 6,002 16,266 19,163 20,970 23,165 23,692 27,228 29,225 29,641 34,726 42,657
4,412 4,826 12,716 15,894 17,592 19,494 19,793 22,059 25,481 24,311 29,241 37,888
Operating Profit 831 1,176 3,551 3,268 3,378 3,672 3,899 5,169 3,744 5,330 5,485 4,770
OPM % 16% 20% 22% 17% 16% 16% 16% 19% 13% 18% 16% 11%
-0 -93 201 184 1,094 893 1,728 960 2,322 922 1,523 1,128
Interest 102 109 87 48 53 64 71 43 67 63 64 181
Depreciation 150 157 427 473 542 622 656 659 667 662 660 813
Profit before tax 578 817 3,238 2,930 3,876 3,879 4,900 5,427 5,332 5,527 6,285 4,904
Tax % 20% 20% 17% 23% 18% 21% 18% 19% 15% 23% 22% 23%
Net Profit 461 652 2,686 2,256 3,173 3,047 3,994 4,380 4,534 4,239 4,913 3,778
EPS in Rs 9.03 12.73 28.76 23.48 32.78 31.28 40.77 44.54 46.95 43.78 50.55 38.78
Dividend Payout % 11% 10% 17% 26% 37% 29% 34% 31% 32% 103% 89% 83%
Compounded Sales Growth
10 Years: 22%
5 Years: 12%
3 Years: 13%
TTM: 23%
Compounded Profit Growth
10 Years: 19%
5 Years: 0%
3 Years: -6%
TTM: -23%
Stock Price CAGR
10 Years: 17%
5 Years: 10%
3 Years: 25%
1 Year: -2%
Return on Equity
10 Years: 20%
5 Years: 19%
3 Years: 17%
Last Year: 15%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
128 128 234 480 484 487 490 492 483 484 486 487
Reserves 3,316 4,055 8,357 10,776 14,507 16,403 19,045 20,156 21,790 24,532 25,363 24,717
1,127 1,404 309 5 228 262 255 13 481 519 518 579
1,792 1,671 5,840 5,755 5,676 6,580 7,041 9,682 7,568 7,840 8,638 10,252
Total Liabilities 6,362 7,258 14,739 17,016 20,894 23,733 26,830 30,342 30,322 33,375 35,005 36,035
653 720 1,834 1,981 2,122 2,498 3,230 2,786 3,336 3,048 3,174 3,641
CWIP 163 28 264 551 628 362 235 272 35 111 132 48
Investments 3,254 3,808 2,294 4,088 4,976 7,716 10,258 12,961 10,649 16,552 14,821 13,320
2,293 2,702 10,348 10,397 13,168 13,156 13,106 14,324 16,302 13,663 16,877 19,026
Total Assets 6,362 7,258 14,739 17,016 20,894 23,733 26,830 30,342 30,322 33,375 35,005 36,035

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
665 642 1,294 2,108 2,876 3,332 3,273 3,634 2,380 6,852 2,969 4,102
-401 -595 352 -1,637 -1,082 -2,590 -2,146 -1,529 3,306 -5,602 1,694 677
-322 89 -917 -770 -792 -1,479 -1,210 -2,036 -4,842 -2,066 -4,457 -4,992
Net Cash Flow -57 136 729 -299 1,002 -736 -82 69 844 -816 206 -213

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 87 83 88 81 90 72 79 80 78 89 102 89
Inventory Days
Days Payable
Cash Conversion Cycle 87 83 88 81 90 72 79 80 78 89 102 89
Working Capital Days 38 19 46 57 69 69 61 34 73 51 62 68
ROCE % 16% 18% 44% 29% 30% 24% 26% 27% 25% 23% 24% 20%

Shareholding Pattern

Numbers in percentages

Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023
35.83 35.82 35.79 35.76 35.73 35.70 35.67 35.26 35.24 35.21 35.19 35.17
39.62 37.96 39.05 38.32 36.15 35.55 35.36 34.27 30.43 28.20 27.95 26.87
13.03 14.23 13.54 14.39 16.50 16.90 17.22 18.05 20.73 23.61 23.73 25.68
0.17 0.17 0.17 0.17 0.17 0.17 0.17 0.17 0.17 0.17 0.17 0.17
11.34 11.82 11.45 11.36 11.44 11.67 11.58 12.25 13.43 12.81 12.93 12.07
0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.00 0.00 0.00 0.00 0.00

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

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Documents

Announcements

Annual reports

DRHP

Credit ratings

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