| Revenue growth | Improved to 2.4% CC in Q4 FY26; 340 bps YoY improvement. |
|---|---|
| Margins | Targeting 15% EBIT margin in FY27, up from 12.6% in FY26. |
| Order book | $3.8Bn large deal wins (LTM) as of Q4 FY26. |
| Demand visibility | Strong cohort of new Forbes Global 2000 logos. |
| Management confidence | Confident in transformation progress despite macroeconomic challenges. |
Growth
FY26 exit EBIT reached 13.8%. Net new deals achieved $3.8Bn (+41.6% YoY) with revenue growth improving to 2.4% CC in Q4 FY26.
Outlook
FY27 targets: 15% EBIT margin, >30% ROCE, revenue growth exceeding peer average, and capital returns >85% of FCF.
Risks
Challenges include macroeconomic headwinds, regulatory changes like H-1B, cybersecurity risks, and the transition from chatbots to agentic AI.
Earnings Call filed with NSE, NSE: TECHM. Summary written with AI assistance from the document.
Tech Mahindra Ltd: key numbers
- Share price
- ₹1,764.00
- Market cap
- ₹1,72,908 Cr
- Revenue (annual)
- ₹56,815 Cr
- Net profit (annual)
- ₹4,811 Cr
- P/E (TTM)
- 31.3×Sector 23.7×
- Promoter holding
- 34.96%-0.01% QoQ
- FII holding
- 20.76%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Tech Mahindra Ltd
All →Tech Mahindra Bonus Issue
Tech Mahindra Ltd is seeking shareholder approval via postal ballot for the issuance of bonus equity shares and an increase in its authorised share capital.
Tech Mahindra Investor Presentation: Key Takeaways
Tech Mahindra reported strong Q2 FY27 results with 6.8% YoY revenue growth and 14.8% EBIT margin. The board recommended a 1:1 bonus share issue and an interim dividend of INR 15 per share.
Tech Mahindra Other Announcement
Tech Mahindra Ltd has filed its quarterly shareholding pattern for the quarter ended September 30, 2026. The disclosure details the shareholding distribution among promoters and public investors.
Tech Mahindra Earnings Call Transcript: Key Takeaways
Tech Mahindra reported strong Q2 FY27 performance with revenue of $1,693M and EBIT margin expansion to 14.8%. The company celebrated its 40th anniversary with a 1:1 bonus share recommendation.
Tech Mahindra Bonus Issue
Tech Mahindra approved audited financial results, declared an interim dividend of Rs. 15 per share, and recommended a 1:1 bonus share issue.
- Value
- ₹490.1 Cr
Tech Mahindra Employee Stock Options
Tech Mahindra allotted 45,955 equity shares under its ESOP schemes for a total consideration of ₹0.19 Crore, following the exercise of stock options by employees.
- Value
- ₹0.19 Cr