Tech mahindra share price

Financials For the quarter ended 30-09-2021, the company reported a Consolidated Total Income of Rs 11163.40 Crore, up 6.47 % from last quarter Total Income of Rs 10484.90 Crore and up 17.64 % from last year same quarter Total Income of Rs 9489.30 Crore. Company reported net profit after tax of Rs 1341.70 Crore in latest quarter. The brokerage believes Tech M has a resilient business structure from a long-term perspective and multiple long-term contracts with the world’s leading brands. With depreciation in INR, lower travel cost, and lower on-site expenses, EBITDA margins are likely to expand in the near term. It recommends a BUY rating on the stock and assign a 25x P/E multiple to its FY24E earnings of Rs 82.6 per share which gives a TP of Rs 2,060 per share, an upside of 20% from the CMP.

Note • % change Today : • with respect to Prev. Close • with respect to adjusted price on ex-date for Dividend, Bonus, Rights & Face Value Split. • Most Active Contracts are displayed in the descending order of Volume/Value • In case of Option Contracts “Value” displayed is “Premium Turnover” • Volume and Open Interest are displayed in “Contracts” Note • % change is calculated with respect to “Prev. Close” • Most Active Contracts are displayed in the descending order of Volume/Value • In case of Option Contracts “Value” displayed is “Premium Turnover” • Volume and Open Interest are displayed in “Contracts” • For the Order Quotation for each Cross currency contract, refer to link • Premium Turnover for Cross Currency pairs is calculated by using latest available Reference Rate - FBIL SYMBOL UNIT UPDATED DATE & TIME SPOT PRICE (In ₹) POLLED AT 12:30 HRS SPOT PRICE (In ₹) POLLED AT 16:30 HRS GOLDEXCUST 10 Grams 15-JUN-2023 50,924.00 50,884.00 SILVER 1 Kg 15-JUN-2023 71,257.00 70,928.00 BRCRUDE 1 Barrel 15-JUN-2023 6,138.00 6,192.00 DEGUMSYOIL 10 Kg 30-JUN-2022 1,292.00 1,296.00 COPPER 1 Kg 15-JUN-2023 729.35 732.35 GOLD1G 1 Grams 15-JUN-2023 5,903.00 5,899.00 GOLDM 10 Grams 15-JUN-2023 58,793.00 58,753.00 WTICRUDE 1 Barrel 15-JUN-2023 5,620.00 - NATURALGAS 1 mmBtu 15-JUN-2023 192.80 - Note • Custom Duty rate (per 10 gram) applicable to the 1 Kg Gold contract: 7869 • Members are urged to refer to the notifications issued by Central Board of Indirect Taxes & Customs (CBIC) for ...

Tech Mahindra Limited is an India-based provider of digital transformation, consulting and business re-engineering services and solutions. The Company operates through two segments: Information Technology (IT) Services and Business Processing Outsourcing (BPO). Its geographical segments include the Americas, Europe region, India and the Rest of the world. The Company’s products/services include telecom services, consulting, application outsourcing, infrastructure outsourcing, engineering services, business services group, platform solutions and mobile value-added services. The Company serves industries, including communications, manufacturing, technology, media and entertainment, banking, financial services and insurance, and retail, transport and logistics. Its subsidiaries include Tech Mahindra Luxembourg S.a r.l., Yabx India Private Limited, Tech Mahindra Credit Solutions Inc, Tech Mahindra Technology Services LLC, Zen3 Infosolutions (America) Inc. and Oslo Solutions LLC.;

Tech Mahindra (TechM) has over 1.2 lakh employees across 90 countries serving 1000+ clients with higher exposure to telecom (40% of revenues). • Apart from telecom, the company caters to BFSI, manufacturing & retail • TechM has grown organically & inorganically (dollar revenue CAGR of 6.6% over the past five years) Description • Tech Mahindra Limited provides digital transformation, consulting, and business re-engineering services and solutions with a market capitalization of INR 136,763.11 Crores as of 17th August ‘2021. Tech Mahindra Limited is a subsidiary of the Mahindra Group, and the same was incorporated in 1896. Tech Mahindra is a US$5.2 billion company with more than 125,230 employees across 90 countries. The Bombay Stock Exchange (BSE) and National Stock Exchange have assigned the number 532755 and scrip code TECHM. As of 17th August ‘2021, Tech Mahindra Limited is trading at INR 1414. Tech Mahindra Limited was ranked overall #47 in Fortune India 500 list for 2019 and #5 in India’s IT firms. Tech Mahindra Limited is a leading Telecom-focused provider of IT Services & Solutions to the Global Telecommunication Industry, encompassing Telecom Service Providers (TSPs), Telecom Equipment Manufacturers (TEMs), and Independent Software Vendors (ISVs). Tech Mahindra Limited is amongst the only three Indian companies featuring in the global Bloomberg 2020 Gender-Equality Index (GEI). T N Manoharan, Anil Khatri, Shikha Sharma, Mukti Khaire, Manoj Bhat, M Rajyalakshmi Ra...

Quarterly Result (All Figures in Cr.) PARTICULARS Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Net Sales 9560.5 9965.1 10479.8 10987.6 10938.5 Total Expenditure 8309.1 8726.8 9531.7 9592.7 9895.1 Operating Profit 1251.4 1238.3 948.1 1394.9 1043.4 Other Income 243.7 118.6 771.9 368.6 79.6 Interest 19.1 25.1 34.3 58.5 56.9 Depreciation 216 186 189.5 195.2 202.1 Exceptional Items 0 0 0 0 0 Profit Before Tax 1260 1145.8 1496.2 1509.8 864 Tax 170 263.6 334.3 305.4 187.3 Profit After Tax 1090 882.2 1161.9 1204.4 676.7 Adjusted EPS (Rs) 11.22 9.07 11.94 12.37 6.95 Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.) PARTICULARS Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Net Sales 23692.2 27228.1 29225.4 29640.9 34726.1 Total Expenditure 19881.2 22059 25525.3 24310.6 29401.7 Operating Profit 3811 5169.1 3700.1 5330.3 5324.4 Other Income 1816.3 959.8 2366.2 921.8 1683.7 Interest 70.8 43.1 66.7 63.2 63.6 Depreciation 656.3 659.2 667.4 662.3 659.9 Exceptional Items 0 0 0 0 0 Profit Before Tax 4900.2 5426.6 5332.2 5526.6 6284.6 Provision for Tax 906.3 1046.9 797.7 1287.5 1371.5 Net Profit 3993.9 4379.7 4534.5 4239.1 4913.1 Adjusted EPS (Rs.) 40.78 44.54 46.95 43.78 50.56 Balance Sheet (All Figures are in Crores.) Particulars Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Equity and Liabilities Share Capital 489.7 491.7 482.9 484.1 485.9 Total Reserves 20275.5 21386.3 23020.9 25762.1 26593.7 Borrowings 145 4.3 0 0 0 Other N/C liabilities 581.3 395.1 668 761.8 1040.7 Current liabiliti...

Date Open High Low Close Volume 15/06/2023 1078.95 1083.50 1069.35 1081.50 1389325 14/06/2023 1080.00 1084.95 1071.05 1077.60 1321534 13/06/2023 1079.55 1087.90 1075.40 1079.40 1846534 12/06/2023 1066.00 1079.00 1062.15 1074.75 1767945 09/06/2023 1079.00 1079.00 1060.10 1063.05 2782697 08/06/2023 1101.00 1101.50 1069.00 1071.30 4054486 07/06/2023 1095.00 1099.00 1084.20 1095.70 2086377 06/06/2023 1100.00 1102.00 1071.55 1086.25 3284841 05/06/2023 1124.10 1134.55 1107.50 1109.35 1754521 02/06/2023 1128.00 1139.20 1117.60 1123.10 1907589 01/06/2023 1122.00 1136.70 1117.60 1120.80 1412280 31/05/2023 1098.40 1127.45 1096.00 1115.55 7599886 30/05/2023 1115.00 1120.80 1095.00 1098.40 2822485 29/05/2023 1128.05 1128.05 1110.10 1114.05 1432241 26/05/2023 1099.00 1120.40 1099.00 1114.75 2104054 25/05/2023 1097.00 1100.00 1081.55 1098.10 1200289 24/05/2023 1085.25 1103.35 1085.00 1098.75 1782245 23/05/2023 1104.00 1119.20 1086.40 1090.50 1414119 22/05/2023 1072.00 1110.45 1070.10 1104.45 2996190 19/05/2023 1056.55 1078.75 1049.00 1072.15 2624323 18/05/2023 1059.00 1059.95 1045.05 1048.70 909923 17/05/2023 1058.00 1066.40 1039.00 1054.15 2803566

2023 2024 2025 2026 2027 Revenue 532,880 569,421 622,461 674,750 774,282 Dividend 45.45 47.22 51.97 59.55 - Dividend Yield (in %) 3.73 % 4.06 % 4.62 % 6.71 % - EPS 56.80 - - - 97.40 P/E Ratio 19.01 17.01 14.05 12.86 11.09 EBIT 61,371 - - - 112,151 EBITDA 80,664 89,434 101,910 113,273 139,055 Net Profit 50,055 55,284 64,377 71,517 86,260 Net Profit Adjusted 50,014 55,436 64,197 71,817 86,260 Pre-Tax Profit 66,387 74,149 86,461 96,506 117,233 Net Profit (Adjusted) 65,853 74,164 84,301 92,984 - EPS (Non-GAAP) ex. SOE - - - - - EPS (GAAP) 56.42 62.53 72.22 80.67 - Gross Income 152,413 166,630 185,139 201,779 240,746 Cash Flow from Investing -4,985 -11,165 -12,157 -11,248 -13,082 Cash Flow from Operations 56,108 68,504 77,145 82,899 101,290 Cash Flow from Financing -47,949 -49,396 -45,371 -43,802 -71,866 Cash Flow per Share 75.74 86.29 93.15 100.00 - Free Cash Flow 42,463 51,383 57,816 63,324 81,290 Free Cash Flow per Share 45.91 62.41 72.63 74.49 - Book Value per Share 315.46 328.44 349.77 354.59 - Net Debt -54,411 -76,349 -92,813 -86,931 -98,197 Research & Development Exp. - - - - - Capital Expenditure 14,302 15,844 17,696 18,635 20,000 Selling, General & Admin. Exp. 73,168 78,928 85,109 88,942 - Shareholder’s Equity 279,983 292,732 311,946 315,641 343,157 Total Assets 428,518 445,250 469,295 488,994 526,919 Previous Quarter Current Quarter Next Quarter Current Year ending 03/31/23 Next Year ending 03/31/24 Earnings Estimates No. of Analysts - - - 38 1 Average Estimate - - - ...