ALFA Finder| Management target | Revenue FY27 |
|---|
| Revenue growth | 6.1% YoY reported; 6.6% constant currency. |
|---|---|
| Margins | EBIT at 14.4%, up 330 bps YoY. |
| Order book | $1.078B deal TCV; third consecutive billion-plus quarter. |
| Demand visibility | Strong order book; optimistic despite macroeconomic volatility. |
| Management confidence | High; confident in meeting targets and beating peer average. |
Growth
Revenue grew 6.1% YoY (6.6% CC). Manufacturing led with 17.2% YoY growth. PAT rose 16.2% YoY to $154M.
Outlook
Targeting 15% operating margin for FY27. Expects growth to outpace peer average in the final transformation year.
Risks
Volatility in US telecom spending, European automotive slowdown in Q2, and upcoming wage hike impacts on margins.
Last quarter's promises, checked
Delivered
- Guided 13.8% Q4 margin → delivered 14.4% Q1 (= BEAT)
- Guided $1.073B deal wins → delivered $1.078B (= BEAT)
- Guided organic CC growth above peer average → delivered 6.6% CC (= BEAT)
Partly delivered
- Targeting 15% EBIT margin for FY27 → delivered 14.4% (= PARTIAL)
Earnings Call Transcript filed with BSE, NSE: TECHM. Summary written with AI assistance from the document.
Tech Mahindra Ltd: key numbers
- Share price
- ₹1,788.50
- Market cap
- ₹1,75,310 Cr
- Revenue (annual)
- ₹56,815 Cr
- Net profit (annual)
- ₹4,811 Cr
- P/E (TTM)
- 31.7×Sector 23.6×
- 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