Tech Mahindra Ltd
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]
- Market Cap ₹ 1,21,909 Cr.
- Current Price ₹ 1,248
- High / Low ₹ 1,416 / 981
- Stock P/E 53.5
- Book Value ₹ 238
- Dividend Yield 2.56 %
- ROCE 19.3 %
- ROE 14.7 %
- Face Value ₹ 5.00
Pros
- Company is almost debt free.
- Company has been maintaining a healthy dividend payout of 96.6%
Cons
- Earnings include an other income of Rs.1,059 Cr.
* 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
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
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 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
5,243 | 6,002 | 16,266 | 19,163 | 20,970 | 23,165 | 23,692 | 27,228 | 29,225 | 29,641 | 35,761 | 42,657 | 42,627 | |
4,412 | 4,826 | 12,716 | 15,894 | 17,592 | 19,494 | 19,793 | 22,059 | 25,481 | 24,311 | 29,970 | 37,888 | 39,908 | |
Operating Profit | 831 | 1,176 | 3,551 | 3,268 | 3,378 | 3,672 | 3,899 | 5,169 | 3,744 | 5,330 | 5,792 | 4,770 | 2,719 |
OPM % | 16% | 20% | 22% | 17% | 16% | 16% | 16% | 19% | 13% | 18% | 16% | 11% | 6% |
-0 | -93 | 201 | 184 | 1,094 | 893 | 1,728 | 960 | 2,322 | 922 | 1,447 | 1,128 | 1,059 | |
Interest | 102 | 109 | 87 | 48 | 53 | 64 | 71 | 43 | 67 | 63 | 69 | 181 | 244 |
Depreciation | 150 | 157 | 427 | 473 | 542 | 622 | 656 | 659 | 667 | 662 | 740 | 813 | 813 |
Profit before tax | 578 | 817 | 3,238 | 2,930 | 3,876 | 3,879 | 4,900 | 5,427 | 5,332 | 5,527 | 6,429 | 4,904 | 2,721 |
Tax % | 20% | 20% | 17% | 23% | 18% | 21% | 18% | 19% | 15% | 23% | 22% | 23% | |
461 | 652 | 2,686 | 2,256 | 3,173 | 3,047 | 3,994 | 4,380 | 4,534 | 4,239 | 5,023 | 3,778 | 2,278 | |
EPS in Rs | 9.03 | 12.73 | 28.76 | 23.48 | 32.78 | 31.28 | 40.77 | 44.54 | 46.95 | 43.78 | 51.69 | 38.78 | 23.37 |
Dividend Payout % | 11% | 10% | 17% | 26% | 37% | 29% | 34% | 31% | 32% | 103% | 58% | 129% |
Compounded Sales Growth | |
---|---|
10 Years: | 22% |
5 Years: | 12% |
3 Years: | 13% |
TTM: | 3% |
Compounded Profit Growth | |
---|---|
10 Years: | 19% |
5 Years: | 0% |
3 Years: | -6% |
TTM: | -46% |
Stock Price CAGR | |
---|---|
10 Years: | 11% |
5 Years: | 10% |
3 Years: | 7% |
1 Year: | 15% |
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 | Sep 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 128 | 128 | 234 | 480 | 484 | 487 | 490 | 492 | 483 | 484 | 486 | 487 | 488 |
Reserves | 3,316 | 4,055 | 8,357 | 10,776 | 14,507 | 16,403 | 19,045 | 20,156 | 21,790 | 24,532 | 25,724 | 24,717 | 22,788 |
1,127 | 1,404 | 309 | 5 | 228 | 262 | 255 | 13 | 481 | 519 | 617 | 579 | 507 | |
1,792 | 1,671 | 5,840 | 5,755 | 5,676 | 6,580 | 7,041 | 9,682 | 7,568 | 7,840 | 8,733 | 10,252 | 10,730 | |
Total Liabilities | 6,362 | 7,258 | 14,739 | 17,016 | 20,894 | 23,733 | 26,830 | 30,342 | 30,322 | 33,375 | 35,559 | 36,035 | 34,512 |
653 | 720 | 1,834 | 1,981 | 2,122 | 2,498 | 3,230 | 2,786 | 3,336 | 3,048 | 3,630 | 3,641 | 3,410 | |
CWIP | 163 | 28 | 264 | 551 | 628 | 362 | 235 | 272 | 35 | 111 | 136 | 48 | 90 |
Investments | 3,254 | 3,808 | 2,294 | 4,088 | 4,976 | 7,716 | 10,258 | 12,961 | 10,649 | 16,552 | 14,532 | 13,320 | 12,685 |
2,293 | 2,702 | 10,348 | 10,397 | 13,168 | 13,156 | 13,106 | 14,324 | 16,302 | 13,663 | 17,262 | 19,026 | 18,327 | |
Total Assets | 6,362 | 7,258 | 14,739 | 17,016 | 20,894 | 23,733 | 26,830 | 30,342 | 30,322 | 33,375 | 35,559 | 36,035 | 34,512 |
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 | 3,213 | 4,102 | |
-401 | -595 | 352 | -1,637 | -1,082 | -2,590 | -2,146 | -1,529 | 3,306 | -5,602 | 1,576 | 734 | |
-322 | 89 | -917 | -770 | -792 | -1,479 | -1,210 | -2,036 | -4,842 | -2,066 | -4,607 | -4,992 | |
Net Cash Flow | -57 | 136 | 729 | -299 | 1,002 | -736 | -82 | 69 | 844 | -816 | 181 | -156 |
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 | 101 | 89 |
Inventory Days | ||||||||||||
Days Payable | ||||||||||||
Cash Conversion Cycle | 87 | 83 | 88 | 81 | 90 | 72 | 79 | 80 | 78 | 89 | 101 | 89 |
Working Capital Days | 38 | 19 | 46 | 57 | 69 | 69 | 61 | 34 | 73 | 51 | 62 | 47 |
ROCE % | 16% | 18% | 44% | 29% | 30% | 24% | 26% | 27% | 25% | 23% | 25% | 19% |
Documents
Announcements
- Closure of Trading Window 9h
- Board Meeting Intimation for Prior Intimation Of Board Meeting. 9h
- Announcement under Regulation 30 (LODR)-Restructuring 23 Mar
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Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS
18 Mar - Resolution passed by the Securities Allotment Committee of the Board of the Company on March 18, 2024, for allotment of 1,91,409 equity shares of Rs. …
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 8 Mar
Annual reports
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Financial Year 2023
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Financial Year 2022
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2013
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Financial Year 2012
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Financial Year 2012
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Concalls
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Jan 2024TranscriptPPT
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Oct 2023TranscriptPPT
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Aug 2023Transcript PPT
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Jul 2023TranscriptNotesPPT
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May 2023Transcript PPT
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Apr 2023TranscriptNotesPPT
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Nov 2022TranscriptPPT
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May 2022TranscriptPPT
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Nov 2021TranscriptPPT
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Feb 2021TranscriptPPT
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Oct 2020TranscriptPPT
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Aug 2020TranscriptPPT
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]