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 ₹ 107,102 Cr.
- Current Price ₹ 1,100
- High / Low ₹ 1,575 / 944
- Stock P/E 20.6
- Book Value ₹ 275
- Dividend Yield 1.36 %
- ROCE 26.6 %
- ROE 21.5 %
- Face Value ₹ 5.00
Pros
- Company has been maintaining a healthy dividend payout of 64.1%
Cons
- The company has delivered a poor sales growth of 8.91% over past five years.
* 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
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
5,140 | 5,490 | 6,873 | 18,802 | 22,621 | 26,494 | 29,141 | 30,773 | 34,742 | 36,868 | 37,855 | 44,646 | 51,688 | |
3,721 | 4,572 | 5,451 | 14,630 | 18,428 | 22,234 | 24,956 | 26,063 | 28,471 | 31,365 | 31,059 | 36,626 | 43,640 | |
Operating Profit | 1,419 | 918 | 1,422 | 4,172 | 4,193 | 4,260 | 4,184 | 4,710 | 6,271 | 5,503 | 6,796 | 8,020 | 8,048 |
OPM % | 28% | 17% | 21% | 22% | 19% | 16% | 14% | 15% | 18% | 15% | 18% | 18% | 16% |
-287 | 30 | -141 | 244 | 106 | 453 | 775 | 1,417 | 534 | 1,192 | 788 | 1,115 | 984 | |
Interest | 111 | 103 | 103 | 80 | 69 | 97 | 129 | 162 | 133 | 192 | 174 | 163 | 287 |
Depreciation | 144 | 161 | 200 | 522 | 611 | 759 | 978 | 1,085 | 1,129 | 1,446 | 1,458 | 1,520 | 1,951 |
Profit before tax | 877 | 685 | 978 | 3,815 | 3,618 | 3,857 | 3,853 | 4,879 | 5,543 | 5,058 | 5,953 | 7,452 | 6,794 |
Tax % | 15% | 21% | 24% | 20% | 27% | 22% | 26% | 22% | 23% | 23% | 27% | 24% | |
Net Profit | 646 | 1,099 | 1,307 | 3,062 | 2,659 | 3,027 | 2,851 | 3,786 | 4,289 | 3,897 | 4,353 | 5,630 | 5,277 |
EPS in Rs | 12.79 | 21.48 | 25.13 | 32.44 | 27.35 | 30.92 | 28.88 | 38.78 | 43.70 | 41.76 | 45.73 | 57.27 | 53.66 |
Dividend Payout % | 8% | 5% | 5% | 15% | 22% | 35% | 28% | 33% | 29% | 32% | 89% | 71% |
Compounded Sales Growth | |
---|---|
10 Years: | 23% |
5 Years: | 9% |
3 Years: | 9% |
TTM: | 22% |
Compounded Profit Growth | |
---|---|
10 Years: | 17% |
5 Years: | 15% |
3 Years: | 9% |
TTM: | 2% |
Stock Price CAGR | |
---|---|
10 Years: | 15% |
5 Years: | 12% |
3 Years: | 31% |
1 Year: | -29% |
Return on Equity | |
---|---|
10 Years: | 22% |
5 Years: | 20% |
3 Years: | 20% |
Last Year: | 21% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Sep 2022 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
126 | 128 | 128 | 234 | 480 | 436 | 439 | 442 | 444 | 436 | 437 | 439 | 440 | |
Reserves | 3,225 | 3,923 | 5,298 | 8,948 | 11,768 | 14,155 | 15,998 | 18,401 | 19,841 | 21,377 | 24,428 | 26,447 | 26,347 |
1,223 | 1,127 | 1,380 | 363 | 700 | 1,091 | 1,366 | 2,397 | 1,996 | 3,670 | 2,901 | 2,618 | 2,830 | |
1,481 | 1,758 | 2,178 | 6,394 | 6,899 | 6,843 | 8,254 | 9,192 | 11,166 | 11,834 | 11,836 | 14,911 | 16,042 | |
Total Liabilities | 6,055 | 6,935 | 8,984 | 15,940 | 19,848 | 22,525 | 26,057 | 30,431 | 33,446 | 37,318 | 39,602 | 44,416 | 45,659 |
617 | 682 | 1,245 | 2,594 | 4,033 | 4,309 | 6,460 | 7,622 | 7,061 | 8,872 | 9,018 | 14,784 | 14,756 | |
CWIP | 61 | 167 | 34 | 266 | 568 | 629 | 373 | 240 | 276 | 50 | 118 | 165 | 252 |
Investments | 2,908 | 3,588 | 4,099 | 1,472 | 2,103 | 1,297 | 2,396 | 4,841 | 7,342 | 5,848 | 10,238 | 4,884 | 3,139 |
2,470 | 2,498 | 3,607 | 11,607 | 13,145 | 16,289 | 16,828 | 17,728 | 18,766 | 22,548 | 20,228 | 24,583 | 27,513 | |
Total Assets | 6,055 | 6,935 | 8,984 | 15,940 | 19,848 | 22,525 | 26,057 | 30,431 | 33,446 | 37,318 | 39,602 | 44,416 | 45,659 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
464 | 712 | 855 | 1,596 | 2,448 | 3,137 | 4,071 | 3,554 | 4,432 | 4,358 | 8,094 | 5,285 | |
-133 | -420 | -622 | 291 | -1,865 | -1,453 | -2,893 | -3,319 | -2,104 | 1,081 | -5,433 | 480 | |
-287 | -317 | 65 | -972 | -829 | -496 | -1,571 | -269 | -2,251 | -4,466 | -2,987 | -4,667 | |
Net Cash Flow | 44 | -26 | 298 | 915 | -246 | 1,188 | -392 | -35 | 77 | 974 | -326 | 1,098 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 74 | 88 | 90 | 84 | 84 | 80 | 67 | 77 | 73 | 75 | 87 | 98 |
Inventory Days | ||||||||||||
Days Payable | ||||||||||||
Cash Conversion Cycle | 74 | 88 | 90 | 84 | 84 | 80 | 67 | 77 | 73 | 75 | 87 | 98 |
Working Capital Days | 54 | 45 | 24 | 47 | 64 | 69 | 67 | 53 | 37 | 60 | 42 | 43 |
ROCE % | 29% | 18% | 19% | 46% | 33% | 28% | 24% | 25% | 26% | 22% | 23% | 27% |
Documents
Announcements
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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 18th March, 2023, for allotment of 142,767 equity shares of Rs. …
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 15 Mar
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
13 Mar - Of Schedule of Investor Interaction with Tech Mahindra''s Leadership.
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Announcement under Regulation 30 (LODR)-Change in Directorate
11 Mar - Change in Directorate - Intimation under Regulation 30 of SEBI (LODR) Regulations, 2015 ('SEBI Listing Regulations').
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
22 Feb - Details of 'Investor Day 2023' to be held by the Company on 3rd March, 2023 for your kind information and records.
Annual reports
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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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Financial Year 2011
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Financial Year 2011
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Financial Year 2010
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Financial Year 2010
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Concalls
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Feb 2023TranscriptPPT
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Nov 2022TranscriptPPT
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Jul 2022TranscriptPPT
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May 2022TranscriptPPT
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Nov 2021TranscriptPPT
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Aug 2021TranscriptPPT
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May 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]