Is Tech Mahindra (TECHM) overvalued or fairly valued?

MarketChacha shows Tech Mahindra's valuation in context — a forward P/E of about 18.2, a price-to-book of about 4.7 — alongside its revenue and profit growth and whether reported profit converts into operating cash, so you can judge value for yourself. MarketChacha does not issue ratings, price targets, or buy/sell advice.

What is Tech Mahindra's revenue?

Tech Mahindra reported revenue of ₹56,815 Cr for FY2026, with net profit of ₹4,802 Cr, per official filings.

What is the share price of Tech Mahindra (TECHM)?

Tech Mahindra last traded at ₹1,588.30 (+1.0% on the day), as of 7/21/2026 — a delayed quote shown for education, not investment advice.

Tech Mahindra

TECHM · NSE · IT Services · India

₹1,588.30+1.0%

Delayed · as reported by Yahoo Finance · as of Jul 21, 2026, 5:36 AM

Snapshot

TickerTECHM

ExchangeNSE

SectorIT Services

IndustryInformation Technology Services

CountryIndia

Employees1,46,760

HeadquartersPune, India

Market cap₹1,39,641 Cr

P/B4.7

Volume15.39L

Websitewww.techmahindra.com

Filings tracked0

About Tech Mahindra

Tech Mahindra Limited provides information technology services and solutions in India, the Americas, Europe, and internationally. The company offers TechM AppGinieZ, a software development lifecycle acceleration platform; Swifter.io, a software engineering platform; ADMSNXT Reforge, an application modernization platform; Autonomous Operations Center, an AI-powered operations platform; and New Age Delivery Platform for DevSecOps and engineering. It also provides LitmusT, a quality engineering and intelligent testing platform; TechM Orion, an agentic AI platform; Ops amplifAler 4.0 for IT operations; Email amplifAler for visualization and automation; SDLC amplifAler solutions; Zone insights solutions for monitoring of object movement; synthetic data generation, freightwatch solutions, cognitive process monitoring, and guardrails framework for AI; VerifAI for scaling AI; and MobiLytix for marketers. In addition, the company offers netOps.ai, an automated cloud platform; AftEAZE solution for warranty and aftermarket problems; AI maturity assessment, generative AI studio, and generative AI performance monitoring; Vision amplifAler, a vision-based solution; Document amplifAler, a digital assistant; and AI-led care, forecasting workbench, AI store, AI adoption, AIOps solution suite, intelligent asset inspection platform, and legal artificial assistant. Further, the company provides business process services, such as consulting CoE and business-process-as-services; Navixus, a digital transformation suite; Cloud and infrastructure services, including enterprise mainframe, FLEX digital workplace, data center services, and CLOUDNXT.NOW, a cloud service; and digital enterprise applications comprising SAP, Oracle, Salesforce, ServiceNow, enterprise digital solutions, digital process solutions, and Emerging Apps. Additionally, it offers engineering, experience, network, and testing services. The company was incorporated in 1986 and is based in Pune, India.

Profile as reported by Yahoo Finance.

Who owns it

Promoters37.0%
Institutions43.4%
Public & other19.6%

238 institutional holders

As reported by Yahoo Finance. Promoter pledge is not included here — that comes from exchange shareholding filings.

Forensic scorecard

No major accounting red flags in the fundamentals we have — profit is backed by cash and returns look healthy.

Net margin trend9.1% → 8.5%

Margin has held broadly steady over the period — stable profitability.

Growth qualityrev 2% · PAT -0%

Profit growth is broadly tracking revenue growth — the earnings trend looks operational rather than one-off.

Computed by MarketChacha from reported figures (Yahoo Finance). Education, not a rating or recommendation.

What's expected next

Next quarter

Rev ₹15,896 Cr · EPS 20.75

Est. earnings growth +38.8%

Next fiscal year

Rev ₹66,876 Cr · EPS 86.68

Est. earnings growth +12.2%

Analyst consensus estimates — not the company's own guidance. As reported by Yahoo Finance.

₹1,304.1052-wk range₹1,854.00

Delayed · as reported by Yahoo Finance

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Financials at a glance

Source: Yahoo Finance

Annual

Quarterly · last 4

Market cap

₹1,39,641 Cr

Day change

+1.0%

Fwd P/E

18.2

P/B

4.7

Div yield

3.24%

Beta

0.17

Revenue (FY2026)

₹56,815 Cr

Net margin

8.5%

Revenue CAGR (3y)

+2.2%

Profit CAGR (3y)

-0.2%

Net profit (FY2026)

₹4,802 Cr

Market figures: Delayed · as reported by Yahoo Finance. Financials as reported in company filings.

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Financials

Yearly

Period	Revenue	Net profit	Net margin
FY2026	₹56,815 Cr	₹4,802 Cr	8.5%
FY2025	₹52,988 Cr	₹4,252 Cr	8.0%
FY2024	₹51,996 Cr	₹2,358 Cr	4.5%
FY2023	₹53,290 Cr	₹4,831 Cr	9.1%

Quarterly

Period	Revenue	Net profit	Net margin
2026Q2	₹15,712 Cr	₹1,465 Cr	9.3%
2026Q1	₹15,076 Cr	₹1,354 Cr	9.0%
2025Q4	₹14,393 Cr	₹1,122 Cr	7.8%
2025Q3	₹13,995 Cr	₹1,195 Cr	8.5%

Figures as reported, in ₹ (crore). Source: Yahoo Finance.

In the news

Education and discussion only — not investment advice. Financials from official filings (SEC/BSE) and reported company statements; market figures (delayed · as reported by yahoo finance) are delayed and shown for reference only. Verify with the linked sources before acting.