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| 19 January, 2021, 04:10 PM IST | E-Paper
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Tech Mahindra Ltd.

  • 992.50-5.75 (-0.58%)
  • Volume: 44,16,027
  • Closed
  • Last Updated On: 03:58 PM IST
  • Overview
  • News
  • Financials
  • Technicals
  • Peers
  • Shareholdings
  • MF
  • F&O
  • Corporate Actions
  • About

Insights

View All
  • Tech Mahindra’s export revenues are over 94%. It derives 48.1% revenue from the US, 26.9% from Europe and 25.0% from the rest of the world.

  • Like all other IT companies, there will be a strong watch on what the new administration in the US will do with the H1-B visa issue, although most companies have been able to factor the squeeze by the earlier administration into their strategies.

  • The current high liquidity in global markets means that gains in terms of US dollar is likely to remain subdued. The boost given by the currency is expected to remain muted for some time.

  • For FY-20, the communication vertical had a revenue share of 41.6% of the total business. It is one of the highest top-vertical revenue concentrations among IT companies. The move to 5G might bring in additional growth to this segment.

InsightsTech Mahindra Ltd.

  • Geographical mix

    Tech Mahindra’s export revenues are over 94%. It derives 48.1% revenue from the US, 26.9% from Europe and 25.0% from the rest of the world.

  • White House moves

    Like all other IT companies, there will be a strong watch on what the new administration in the US will do with the H1-B visa issue, although most companies have been able to factor the squeeze by the earlier administration into their strategies.

  • Currency gains

    The current high liquidity in global markets means that gains in terms of US dollar is likely to remain subdued. The boost given by the currency is expected to remain muted for some time.

  • High concentration risk

    For FY-20, the communication vertical had a revenue share of 41.6% of the total business. It is one of the highest top-vertical revenue concentrations among IT companies. The move to 5G might bring in additional growth to this segment.

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Key Metrics

  • PE Ratio

    PE Ratio

    This is a ratio arrived at by dividing the current market price of a stock by its latest (annual or annualized) earnings per share. Here we have taken the TTM (trailing twelve months) adjusted earnings per share.

    (x)
    24.06
  • EPS - TTM

    EPS - TTM

    Earnings per share (TTM) tells the profit after tax earned on a per share basis by a stock over the last twelve months or four quarters.

    (₹)
    41.24
  • MCap

    MCap

    MCap or Market capitalization of a stock is calculated by multiplying the total number of shares outstanding of that particular stock with its current market price.

    (₹ Cr.)
    95,843.12
  • Sectoral MCap Rank

    Sectoral MCap Rank

    This is the ranking of a company within its sector based on MCap or Market capitalization. Higher the market capitalization of a company, higher the rank it is assigned.

    5
  • PB Ratio

    PB Ratio

    Price to Book represents the ratio of current market price of a stock to its book value per share. The book value itself is arrived at by dividing the net worth of a company by the total number of shares outstanding of the company at that time.

    (x)
    4.12
  • Div Yield

    Dividend Yield

    Dividend Yield calculates the amount of full year dividend declared by a company as a percentage of the current market price of a stock. All other things being equal, higher the dividend yield of the stock, the better it is for investors.

    (%)
    1.51
  • Face Value

    Face Value

    Face value of a stock is the value ascribed to the stock as per the balance sheet of the company. The dividend declared by a company is usually declared as a percentage of face value.

    (₹)
    5.00
  • Beta

    Beta

    1 Month0.93
    3 Months0.39
    6 Months0.17
    1 Year0.59
    3 Years0.56

    0.93
  • VWAP

    VWAP

    Volume Weighted Average Price represents the average price of a security over a particular time period (example one trading day) weighted by the volume traded at each price point.

    (₹)
    995.88
  • 52W H/L

    52W H/L

    This represents the 52 week high and low price of the security. It is also the 1 year high and low of the security. This represents the highest and lowest price touched by the security during the past 52 weeks or 1 year including today.

    (₹)
    1,081.55 / 471.40

Returns

  • 1 Day-0.58%
  • 1 Week-6.74%
  • 1 Month6.29%
  • 3 Months20.43%
  • 1 Year27.5%
  • 3 Years79.51%
  • 5 Years93.66%

Financials

  • Income (P&L)
  • Balance Sheet
  • Cash Flow
  • Ratios
  • Insights

    • Employee & Interest Expense

      Company has spent less than 1% of its operating revenues towards interest expenses and 51.02% towards employee cost in the year ending Mar 31, 2020. (Source: Consolidated Financials)
    Quarterly | AnnualSep 2020Jun 2020Mar 2020Dec 2019Sep 2019
    Total Income9,489.309,522.409,775.4010,004.209,286.20
    Total Income Growth (%)-0.35-2.59-2.297.733.25
    Total Expenses8,040.508,189.008,758.108,476.107,910.50
    Total Expenses Growth (%)-1.81-6.503.337.153.27
    EBIT1,448.801,333.401,017.301,528.101,375.70
    EBIT Growth (%)8.6531.07-33.4311.083.12
    PAT1,064.60972.30803.901,145.901,123.90
    PAT Growth (%)9.4920.95-29.851.9617.16
    EBIT Margin (%)15.2714.0010.4115.2714.81
    Net Profit Margin (%)11.2210.218.2211.4512.10
    Basic EPS (₹)12.1811.139.2113.1312.88
    Quarterly | AnnualSep 2020Jun 2020Mar 2020Dec 2019Sep 2019
    Total Income7,561.407,436.208,829.607,988.707,675.80
    Total Income Growth (%)1.68-15.7810.534.088.15
    Total Expenses6,288.406,316.007,285.206,723.506,178.10
    Total Expenses Growth (%)-0.44-13.308.358.832.87
    EBIT1,273.001,120.201,544.401,265.201,497.70
    EBIT Growth (%)13.64-27.4722.07-15.5237.20
    PAT961.50854.201,391.80923.201,396.80
    PAT Growth (%)12.56-38.6350.76-33.9169.78
    EBIT Margin (%)16.8415.0617.4915.8419.51
    Net Profit Margin (%)12.7211.4915.7611.5618.20
    Basic EPS (₹)9.938.8314.399.5514.44
    Quarterly | Annual FY 2020 FY 2019 FY 2018 FY 2017 FY 2016
    Total Revenue38,060.1035,276.3032,189.4029,918.4026,933.60
    Total Revenue Growth (%)7.899.597.5911.0818.51
    Total Expenses32,996.8029,667.6027,310.7026,063.1023,079.50
    Total Expenses Growth (%)11.228.634.7912.9320.77
    Profit after Tax (PAT)4,033.004,297.603,799.802,812.902,992.90
    PAT Growth (%)-6.1613.1035.08-6.0113.90
    Operating Profit Margin (%)14.2516.5216.3813.6714.91
    Net Profit Margin (%)10.9312.3712.349.6511.29
    Basic EPS (₹)46.2148.4743.0232.1434.51
    Quarterly | Annual FY 2020 FY 2019 FY 2018 FY 2017 FY 2016
    Total Revenue31,591.6028,179.7025,391.9024,058.3022,078.20
    Total Revenue Growth (%)12.1110.985.548.9714.47
    Total Expenses26,259.4022,752.4020,485.4020,179.6018,154.90
    Total Expenses Growth (%)15.4111.071.5211.1510.58
    Profit after Tax (PAT)4,534.504,380.403,999.303,047.303,220.00
    PAT Growth (%)3.529.5331.24-5.3642.72
    Operating Profit Margin (%)18.4720.0921.0317.0118.96
    Net Profit Margin (%)15.5116.0916.9013.1515.35
    Basic EPS (₹)46.8944.5840.8431.3733.40

    All figures in Rs Cr, unless mentioned otherwise

  • Annual FY 2020 FY 2019 FY 2018 FY 2017 FY 2016
    Total Assets37,353.5033,446.9030,437.2026,066.5022,524.70
    Total Assets Growth (%)11.689.8916.7715.7213.49
    Total Liabilities13,916.8011,454.409,855.007,934.906,510.70
    Total Liabilities Growth (%)21.5016.2324.2021.874.86
    Total Equity23,436.7021,992.5020,582.2018,131.6016,014.00
    Total Equity Growth (%)6.576.8513.5213.2217.41
    Current Ratio (x)2.122.092.292.552.66
    Total Debt to Equity (x)0.110.070.090.070.07
    Contingent Liabilities6,867.906,221.809,367.308,930.507,583.10
    Annual FY 2020 FY 2019 FY 2018 FY 2017 FY 2016
    Total Assets30,322.0030,339.6026,798.8023,732.8020,649.90
    Total Assets Growth (%)-0.0613.2112.9214.9321.35
    Total Liabilities6,818.208,461.806,027.305,612.205,865.90
    Total Liabilities Growth (%)-19.4240.397.40-4.3229.49
    Total Equity23,503.8021,877.8020,771.5018,120.6014,784.00
    Total Equity Growth (%)7.435.3314.6322.5718.40
    Current Ratio (x)3.162.282.852.802.29
    Total Debt to Equity (x)0.000.000.010.010.01
    Contingent Liabilities7,816.107,329.908,156.907,787.302,980.00

    All figures in Rs Cr, unless mentioned otherwise

  • Annual FY 2020 FY 2019 FY 2018 FY 2017 FY 2016
    Net Cash flow from Operating Activities4,358.104,432.003,553.504,071.403,137.00
    Net Cash used in Investing Activities1,028.60-2,116.40-3,359.70-2,889.50-1,459.80
    Net Cash flow from Financing Activities-4,465.50-2,251.20-269.40-1,570.90-496.10
    Net Cash Flow974.0076.60-35.20-392.501,187.70
    Closing Cash & Cash Equivalent3,016.702,042.701,966.102,001.302,393.80
    Closing Cash & Cash Equivalent Growth (%)47.683.90-1.76-16.4098.56
    Total Debt/ CFO (x)0.560.320.490.300.32
    Annual FY 2020 FY 2019 FY 2018 FY 2017 FY 2016
    Net Cash flow from Operating Activities2,380.403,634.403,358.303,332.202,882.80
    Net Cash used in Investing Activities3,252.10-1,542.50-2,271.10-2,586.50-1,088.90
    Net Cash flow from Financing Activities-4,842.40-2,035.90-1,209.50-1,478.80-791.80
    Net Cash Flow843.9068.90-83.50-736.301,007.60
    Closing Cash & Cash Equivalent1,803.80958.10888.20971.701,707.90
    Closing Cash & Cash Equivalent Growth (%)88.277.87-8.59-43.11143.88
    Total Debt/ CFO (x)0.000.000.040.050.06

    All figures in Rs Cr, unless mentioned otherwise

  • Annual FY 2020 FY 2019 FY 2018 FY 2017 FY 2016
    Return on Equity (%)18.4821.1820.1617.1120.51
    Return on Capital Employed (%)19.8824.8322.3820.2523.39
    Return on Assets (%)10.7912.8412.4810.7913.28
    Interest Coverage Ratio (x)27.3943.1131.0430.9840.73
    Asset Turnover Ratio (x)98.69103.87101.10111.79117.62
    Price to Earnings (x)12.2116.0514.8614.3513.85
    Price to Book (x)2.263.402.992.452.84
    EV/EBITDA (x)7.309.969.077.828.19
    EBITDA Margin (%)18.1719.7719.9017.0217.77
    Annual FY 2020 FY 2019 FY 2018 FY 2017 FY 2016
    Return on Equity (%)20.3521.2120.4618.0423.75
    Return on Capital Employed (%)21.9324.3122.8520.7025.98
    Return on Assets (%)14.9514.4314.9212.8415.59
    Interest Coverage Ratio (x)80.94126.9270.3061.7974.61
    Asset Turnover Ratio (x)96.3889.7188.2997.60101.54
    Price to Earnings (x)12.0317.4515.6514.6814.31
    Price to Book (x)2.453.703.202.653.40
    EV/EBITDA (x)8.6912.2610.789.389.49
    EBITDA Margin (%)20.7522.5123.8019.7021.56

Financial InsightsTech Mahindra Ltd.

  • Income (P&L)
    • Employee & Interest Expense

      Company has spent less than 1% of its operating revenues towards interest expenses and 51.02% towards employee cost in the year ending Mar 31, 2020. (Source: Consolidated Financials)

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Technicals

  • Buy / Sell Signals
  • Price Analysis
  • Pivot Levels & ATR
  • Chart
  • Bullish / Bearish signals for Tech Mahindra Ltd. basis selected technical indicators and moving average crossovers.

    MACD Crossover

    Bearish signal on daily chart

    Appeared on: 18 Jan 2021

    Region: Positive

    Last 4 Sell Signals:16 Dec 2020
    Date10 days Gain/Loss %
    16 Dec 2020-3.42%
    10 Nov 2020-1.08%
    15 Oct 2020-1.67%
    23 Sep 2020-5.74%

    Average price decline of -2.99% within 10 days of Bearish signal in last 10 years

    20 Day EMA Crossover

    Bearish signal on daily chart

    Appeared on: 18 Jan 2021

    20D EMA: 999.89

    Last 4 Sell Signals:19 Nov 2020
    Date7 days Gain/Loss %
    19 Nov 20200.43%
    10 Nov 2020-1.08%
    28 Oct 2020-2.79%
    26 Oct 2020-0.40%

    Average price decline of -1.79% within 7 days of Bearish signal in last 5 years

    Stochastic Crossover

    Bearish signal on weekly chart

    Appeared on: 15 Jan 2021

    Region: Overbought (Above 80)

    Last 4 Sell Signals:24 Dec 2020
    Date7 weeks Gain/Loss %
    24 Dec 2020-0.36%
    11 Sep 2020-2.30%
    14 Aug 20200.40%
    22 May 2020-3.32%

    Average price decline of -5.63% within 7 weeks of Bearish signal in last 10 years

    Show More
  • 46%
    Positive Movement since
    1st Jan 2005 on basis
    53%
    Negative Movement since
    1st Jan 2005 on basis
    Exclude
  • Pivot Levels

    R1R2R3PIVOTS1S2S3
    Classic1006.881013.371024.771001.97995.48990.57979.17

    Average True Range

    5 DAYS14 DAYS28 DAYS
    ATR30.4828.9527.27

Peer Comparison

  • Stock Performance
  • Ratio Performance
  • Insights

    • Stock Returns vs Nifty 100

      Stock gave a 3 year return of 80.55% as compared to Nifty 100 which gave a return of 29.59%. (as of last trading session)
    • Stock Returns vs Nifty IT

      Stock generated 80.55% return as compared to Nifty IT which gave investors 109.72% return over 3 year time period. (as of last trading session)
    • 1D
    • 1W
    • 1M
    • 3M
    • 6M
    • 1Y
    • 5Y
  • Insights

    • Stock Returns vs Nifty 100

      Stock gave a 3 year return of 80.55% as compared to Nifty 100 which gave a return of 29.59%. (as of last trading session)
    • Stock Returns vs Nifty IT

      Stock generated 80.55% return as compared to Nifty IT which gave investors 109.72% return over 3 year time period. (as of last trading session)

    Ratio Performance

    NAMEP/E (x)P/B (x)ROE %ROCE %ROA %Rev CAGR [3Yr]OPMNPMBasic EPSCurrent RatioTotal Debt/ Equity (x)Total Debt/ CFO (x)
    Tech Mahindra24.064.0918.4819.8810.798.2714.2510.5846.212.120.110.56
    TCS39.1714.4438.4446.0026.749.6527.5020.6786.193.330.000.00
    Infosys30.168.5225.3530.8317.889.2624.4218.3238.972.620.000.00
    HCL Tech20.205.1921.5624.4713.3313.4320.4915.6440.751.620.090.35
    Wipro24.234.4317.5721.7611.963.1921.2315.9716.672.400.110.58
    Add More
    Annual Ratios (%)

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      Peers InsightsTech Mahindra Ltd.

      • Stock Returns vs Nifty 100

        Stock gave a 3 year return of 80.55% as compared to Nifty 100 which gave a return of 29.59%. (as of last trading session)

      • Stock Returns vs Nifty IT

        Stock generated 80.55% return as compared to Nifty IT which gave investors 109.72% return over 3 year time period. (as of last trading session)

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      Shareholding Pattern

      • QOQ Change
      • Total Shareholdings
      • Showing Shareholding as on 30 Sep 2020
        Category30 Sep 202030 Jun 202031 Mar 202031 Dec 2019
        Promoters35.8235.8335.8535.87
        Pledge0.000.000.000.00
        FII37.9639.6239.6739.75
        DII14.2313.0213.1912.95
        Mutual Funds8.968.108.398.55
        Others11.9911.5311.2911.43
      • Showing Shareholding as on 30 Sep 2020
        CategoryNo. of SharesPercentage% Change QoQ
        Promoters34,62,25,42535.82 %-0.01
        Pledge00.00 %0.00
        FII36,69,09,98037.96 %-1.66
        DII13,75,31,16914.23 %1.21
        MF8,66,44,2388.96 %0.86
        Others11,59,32,36111.99 %0.46

      MF Ownership

      MF Ownership as on 31 December 2020

      F&O Quote

      • Futures
      • Options
        • Expiry

        Price

        995.35-3.50 (-0.35%)

        OpenHighLowPrev CloseContracts TradedTurnover (₹ Lakhs)
        1,007.201,009.80989.95998.853,51442,160.41

      Corporate Actions

      • Board Meeting/AGM
      • Dividends
      • Others
      • Meeting DateAnnounced onPurposeDetails
        Jan 30, 2021Jan 04, 2021Board MeetingQuarterly Results
        Oct 23, 2020Oct 19, 2020Board MeetingQuarterly Results & Interim Dividend
        Jul 28, 2020Apr 30, 2020AGMBook closure from Jul 25, 2020 to Jul 28, 2020
        Jul 27, 2020Jul 17, 2020Board MeetingQuarterly Results
        Apr 30, 2020Apr 23, 2020Board MeetingAudited Results & Dividend
      • TypeDividendDividend per ShareEx-Dividend DateAnnounced on
        Interim0%0.0Oct 29, 2020Oct 19, 2020
        Special300%15.0Oct 29, 2020Oct 19, 2020
        Final100%5.0Jul 23, 2020Apr 30, 2020
        Interim200%10.0Mar 02, 2020Feb 18, 2020
        Final280%14.0Jul 25, 2019May 21, 2019
      • All TypesEx-DateRecord DateAnnounced onDetails
        SplitsMar 19, 2015Mar 20, 2015Jan 30, 2015Split: Old FV10.0| New FV:5.0
        BonusMar 19, 2015Mar 20, 2015Jan 30, 2015Bonus Ratio: 1 share(s) for every 1 shares held

      About Tech Mahindra

      Tech Mahindra Ltd., incorporated in the year 1986, is a Large Cap company (having a market cap of Rs 95934.94 Crore) operating in IT Software sector. Tech Mahindra Ltd. key Products/Revenue Segments include Software Services which contributed Rs 29225.40 Crore to Sales Value (100.00 % of Total Sales)for the year ending 31-Mar-2020. Show More

      • Executives
      • Auditors
      • AG

        Anand G Mahindra

        Chairman
        AK

        Anil Khatri

        Co. Secretary & Compl. Officer
        AK

        Anil Khatri

        Secretary
        AS

        Anish Shah

        Non Executive Director
        Show More
      • B S R & Co. LLP

      Key Indices Listed on

      Nifty 50, S&P BSE Sensex, Nifty IT, + 32 more

      Address

      Gateway Building,Apollo Bunder,Mumbai, Maharashtra - 400001

      Tech Mahindra Share Price Update

      Tech Mahindra Ltd. share price moved down by -0.58% from its previous close of Rs 998.25. Tech Mahindra Ltd. stock last traded price is 992.50

      Share PriceValue
      Today/Current/Last992.50
      Previous Day998.25

      Trending in Markets

      DATA SOURCES: TickerPlant (for live BSE/NSE quotes service) and Dion Global Solutions Ltd. (for corporate data, historical price & volume, F&O data). Sensex & BSE Quotes and Nifty & NSE Quotes are real-time and licensed from BSE and NSE respectively. All timestamps are reflected in IST (Indian Standard Time).

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