More about Tech Mahindra Limited
Fundamentals for Tech Mahindra Limited
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Fundamentals for Tech Mahindra Limited
Business Operations:
Sector: TechnologyIndustry: Information Technology Services
Tech Mahindra Limited provides information technology services and solutions in the Americas, Europe, India, and internationally. The company operates through Information technology (IT) Business and Business Processing Outsourcing (BPO) segments. It offers cloud consulting, business excellence, digital supply chain, Application Development Maintenance, intelligent automation, testing, performance engineering, data analytics, and artificial intelligence services. The company also provides infrastructure and cloud services, including cloud, FLEX Digital workplace, and data center; engineering and network services; digital enterprise applications; and business process, cyber security, blockchain, and metaverse services, as well as customer experience and sustainability as a service. It serves communication; banking and financial services; energy and utilities; healthcare and life sciences; hi-tech; insurance; manufacturing; media and entertainment; private equity; oil and gas; professional service; and travel, transportation, hospitality, and logistic sectors. The company was incorporated in 1986 and is based in Pune, India.
Revenue projections:
Revenues for TECHM are expected to drop compared to the previous year, which could be a cause for concern for investors. A decline in earnings may negatively impact the company's profitability, leading cautious investors to reconsider their positions, as it often signals challenges in overall financial health.
Financial Ratios:
| currentRatio | 1.902000 |
|---|---|
| forwardPE | 17.061216 |
| debtToEquity | 7.269000 |
| earningsGrowth | 0.159000 |
| revenueGrowth | 0.126000 |
| grossMargins | 0.356190 |
| operatingMargins | 0.138250 |
| trailingEps | 54.120000 |
| forwardEps | 85.316310 |
TECHM's current ratio of 1.902 reflects its strong liquidity position. The company has enough cash reserves and current assets to service its short-term debt obligations, signaling that TECHM is financially well-prepared to meet its liabilities without difficulty.
TECHM's Forward PE is at a healthy level, meaning the stock price is aligned favorably with earnings. This suggests that the stock isn't overpriced, providing room for growth and making it an appealing option for investors looking to capitalize on potential future gains.
With earnings and revenue growth in positive territory, TECHM is projected to expand its business. This strong financial performance suggests the company will continue to grow, as increased profitability and sales drive future success.
Tech Mahindra Limited's forward EPS exceeding its trailing EPS means that the company is expected to increase profitability in the current financial year. This reflects improved earnings potential, signaling that Tech Mahindra Limited is likely to outperform its previous year's financial performance.
Price projections:
The price of TECHM has repeatedly been close to the lower limit of price projections. This trend suggests that the stock may be underperforming, raising concerns among investors about future performance.
Recommendation changes over time:
Analysts have been favoring TECHM with a buy bias recently, signaling a promising investment opportunity. This optimistic outlook may attract more investors, positioning TECHM as a desirable option for those seeking to invest their money in a stable, profitable company with strong growth potential.
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