Tech Mahindra Limited

NSEI:TECHM Stock Report

Market Cap: ₹1.5t

Tech Mahindra Future Growth

Future criteria checks 4/6

Tech Mahindra is forecast to grow earnings and revenue by 24.9% and 7.5% per annum respectively. EPS is expected to grow by 24.7% per annum. Return on equity is forecast to be 26.3% in 3 years.

Key information

24.9%

Earnings growth rate

24.7%

EPS growth rate

IT earnings growth11.0%
Revenue growth rate7.5%
Future return on equity26.3%
Analyst coverage

Good

Last updated26 Dec 2024

Recent future growth updates

Tech Mahindra Limited (NSE:TECHM) Analysts Are Pretty Bullish On The Stock After Recent Results

Jul 27
Tech Mahindra Limited (NSE:TECHM) Analysts Are Pretty Bullish On The Stock After Recent Results

Tech Mahindra Limited Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

Jan 26
Tech Mahindra Limited Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

Recent updates

Be Wary Of Tech Mahindra (NSE:TECHM) And Its Returns On Capital

Dec 09
Be Wary Of Tech Mahindra (NSE:TECHM) And Its Returns On Capital

Tech Mahindra (NSE:TECHM) Will Pay A Dividend Of ₹15.00

Oct 24
Tech Mahindra (NSE:TECHM) Will Pay A Dividend Of ₹15.00

Tech Mahindra Limited (NSE:TECHM) Analysts Are Pretty Bullish On The Stock After Recent Results

Jul 27
Tech Mahindra Limited (NSE:TECHM) Analysts Are Pretty Bullish On The Stock After Recent Results

Tech Mahindra (NSE:TECHM) Will Pay A Dividend Of ₹28.00

Jul 03
Tech Mahindra (NSE:TECHM) Will Pay A Dividend Of ₹28.00

Tech Mahindra (NSE:TECHM) Has Announced A Dividend Of ₹28.00

Jun 19
Tech Mahindra (NSE:TECHM) Has Announced A Dividend Of ₹28.00

Tech Mahindra (NSE:TECHM) Is Due To Pay A Dividend Of ₹28.00

Jun 04
Tech Mahindra (NSE:TECHM) Is Due To Pay A Dividend Of ₹28.00

Tech Mahindra (NSE:TECHM) Is Due To Pay A Dividend Of ₹28.00

May 21
Tech Mahindra (NSE:TECHM) Is Due To Pay A Dividend Of ₹28.00

Some Investors May Be Willing To Look Past Tech Mahindra's (NSE:TECHM) Soft Earnings

May 02
Some Investors May Be Willing To Look Past Tech Mahindra's (NSE:TECHM) Soft Earnings

Tech Mahindra (NSE:TECHM) Has Announced A Dividend Of ₹28.00

Apr 28
Tech Mahindra (NSE:TECHM) Has Announced A Dividend Of ₹28.00

Investors Still Waiting For A Pull Back In Tech Mahindra Limited (NSE:TECHM)

Apr 14
Investors Still Waiting For A Pull Back In Tech Mahindra Limited (NSE:TECHM)

Here's Why Tech Mahindra (NSE:TECHM) Can Manage Its Debt Responsibly

Mar 26
Here's Why Tech Mahindra (NSE:TECHM) Can Manage Its Debt Responsibly

Investors Could Be Concerned With Tech Mahindra's (NSE:TECHM) Returns On Capital

Mar 11
Investors Could Be Concerned With Tech Mahindra's (NSE:TECHM) Returns On Capital

Tech Mahindra Limited Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

Jan 26
Tech Mahindra Limited Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

Tech Mahindra Limited (NSE:TECHM) Shares Could Be 28% Above Their Intrinsic Value Estimate

Jan 04
Tech Mahindra Limited (NSE:TECHM) Shares Could Be 28% Above Their Intrinsic Value Estimate

Earnings and Revenue Growth Forecasts

NSEI:TECHM - Analysts future estimates and past financials data (INR Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
3/31/2027631,01268,95166,15983,16736
3/31/2026578,51656,70056,40371,50543
3/31/2025535,30643,28444,23656,37443
9/30/2024522,91332,73051,79857,991N/A
6/30/2024518,42025,168N/AN/AN/A
3/31/2024519,95523,57855,85363,764N/A
12/31/2023528,42428,145N/AN/AN/A
9/30/2023534,75736,00744,27454,310N/A
6/30/2023537,41343,922N/AN/AN/A
3/31/2023532,90248,31345,56855,720N/A
12/31/2022516,88352,193N/AN/AN/A
9/30/2022494,04552,91243,36153,943N/A
6/30/2022471,56353,445N/AN/AN/A
3/31/2022446,46055,66143,26952,853N/A
12/31/2021422,59651,417N/AN/AN/A
9/30/2021404,55950,83059,82665,263N/A
6/30/2021389,46448,089N/AN/AN/A
3/31/2021378,55144,28074,27880,938N/A
12/31/2020376,15441,506N/AN/AN/A
9/30/2020376,22939,86766,52175,324N/A
6/30/2020373,21040,460N/AN/AN/A
3/31/2020368,67740,33035,13543,581N/A
12/31/2019362,69843,61634,03842,671N/A
9/30/2019355,58944,18632,44941,524N/A
6/30/2019351,18843,59034,89843,312N/A
3/31/2019347,42142,97636,27444,320N/A
12/31/2018339,04343,87132,33640,131N/A
9/30/2018327,36641,27327,90934,828N/A
6/30/2018317,13138,991N/A35,740N/A
3/31/2018307,72937,998N/A35,535N/A
12/31/2017302,13431,399N/A38,216N/A
9/30/2017299,94930,528N/A41,455N/A
6/30/2017295,56028,622N/A37,732N/A
3/31/2017291,40828,129N/A40,714N/A
12/31/2016285,29532,189N/A33,594N/A
9/30/2016276,73231,142N/A36,899N/A
6/30/2016271,21332,456N/A40,171N/A
3/31/2016264,94229,929N/A31,370N/A
12/31/2015258,70726,929N/A30,596N/A
9/30/2015249,21327,390N/AN/AN/A
6/30/2015237,93626,731N/A20,034N/A
3/31/2015226,21326,277N/A24,479N/A
12/31/2014215,62627,698N/AN/AN/A
9/30/2014205,66129,744N/AN/AN/A
6/30/2014198,49729,732N/AN/AN/A
3/31/2014188,31430,288N/A15,962N/A
12/31/2013156,80527,919N/AN/AN/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: TECHM's forecast earnings growth (24.9% per year) is above the savings rate (6.7%).

Earnings vs Market: TECHM's earnings (24.9% per year) are forecast to grow faster than the Indian market (18.1% per year).

High Growth Earnings: TECHM's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: TECHM's revenue (7.5% per year) is forecast to grow slower than the Indian market (10.5% per year).

High Growth Revenue: TECHM's revenue (7.5% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: TECHM's Return on Equity is forecast to be high in 3 years time (26.3%)

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/28 03:46
End of Day Share Price 2024/12/27 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Tech Mahindra Limited is covered by 80 analysts. 43 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Ashwin MehtaAmbit Capital
Mohit JainAnand Rathi Shares and Stock Brokers Limited
Sarabjit NangraAngel Broking Private Limited