Tech Mahindra Ltd

NSE :TECHM   BSE :532755  Sector : IT - Software
Buy, Sell or Hold TECHM? Ask The Analyst

BSE


prev close

OPEN PRICE

bid price (qty)

offer price (qty)

volume

Today's low / high

52 WK low / high

NSE


prev close

open price

bid price (qty)

offer price (qty)

volume

Today's' low / high

52 WK low / high

28 Mar
1248.10
(-0.45%)
27 Mar
1253.80
(-0.04%)
26 Mar
1254.35
(-0.66%)
22 Mar
1262.65
(-1.57%)
21 Mar
1282.75
(1.46%)
20 Mar
1264.30
(0.96%)
19 Mar
1252.25
(-1.60%)
18 Mar
1272.65
(-0.74%)
15 Mar
1282.20
(-0.86%)
14 Mar
1293.35
(1.26%)
13 Mar
1277.20
(-1.17%)
12 Mar
1292.30
(0.26%)
11 Mar
1289.00
(0.07%)
07 Mar
1288.15
(1.35%)
06 Mar
1271.00
(-0.12%)
05 Mar
1272.50
(-0.59%)
04 Mar
1280.05
(0.59%)
02 Mar
1272.50
(0.06%)
01 Mar
1271.80
(-0.16%)
29 Feb
1273.85
(-0.93%)
28 Feb
1285.85
(-0.79%)


Technical Analysis

Short Term Investors

Very Bearish

Medium Term Investors

Very Bearish

Long Term Investors

Bullish

Moving Averages

5 DMA
Bearish

1261.06


10 DMA
Bearish

1266.89


20 DMA
Bearish

1273.03


50 DMA
Bearish

1304.97


100 DMA
Bearish

1267.66


200 DMA
Bullish

1227.55



Intraday Support and Resistance
(Based on Pivot Points) |

Updated On Mar 28, 2024 04:00 PM For Next Trading Session

Pivots Classic Fibonacci Camarilla Woodie DM
R3 1284.31 1274.63 1254.41 - -
R2 1274.63 1265.86 1252.31 1273.74 -
R1 1261.36 1260.45 1250.2 1259.58 1268
P 1251.68 1251.68 1251.68 1250.79 1255
S1 1238.41 1242.91 1246 1236.63 1245.05
S2 1228.73 1237.5 1243.89 1227.84 -
S3 1215.46 1228.73 1241.79 - -

Key Metrics

EPS

23.32

P/E

53.62

P/B

5.25

Dividend Yield

3.99%

Market Cap

1,21,909 Cr.

Face Value

5

Book Value

238.3

ROE

17.72%

EBITDA Growth

1,237.7 Cr.

Debt/Equity

0.1

Shareholding Pattern

  35.11% Total Promoter Holding
14.24% Mutual Fund Holdings
24.58% FIIs
11.13% Non Institution
13.09% Insurance Companies
0% Custodians
1.85% Other Parties

Shareholding History


Quarterly Result (Figures in Rs. Crores)


Tech Mahindra Ltd Quaterly Results


Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
INCOME 13981.8 14023.7 13358.5 13128.1 13193.6
PROFIT 1296.6 1117.7 692.5 493.9 510.4
EPS 14.7 12.67 7.84 5.59 5.77

Tech Mahindra Ltd Quaterly Results


Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
INCOME 11356.2 11018.1 10898.2 10953.3 10816.6
PROFIT 1204.4 676.7 559.5 555.8 485.9
EPS 12.34 6.93 5.72 5.68 4.97

Profit & Loss (Figures in Rs. Crores)


Tech Mahindra Ltd Profit & Loss


Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
INCOME 19064.4 22727.8 26936.2 29916.1 32189.5 35276.3 38060.1 38643.4 45761.1 54255.2
PROFIT 2933 2628.36 2983.39 2800.17 3643.26 4286.03 4026.96 4427.03 5561.34 4828.37
EPS 31.94 26.42 34.75 32.49 42.86 48.33 44.71 49.81 64.15 55.19

Tech Mahindra Ltd Profit & Loss


Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
INCOME 16485.4 19348.5 22053.2 24058.3 25420.2 28187.9 31591.6 30562.7 37207.9 43785.6
PROFIT 2589.06 2210.78 3163.58 3034.02 3830.27 4367.72 4571.14 4236.91 5019.63 3775.99
EPS 28.75 22.23 32.81 31.3 40.78 44.54 46.95 43.78 51.69 38.78

Balance Sheet (Figures in Rs. Crores)

Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014
SOURCES OF FUNDS :
Share Capital 440438.8437435.9443.7441.7438.8435.5480.4233.5
Reserves Total 27,483.226,445.824,422.821,376.519,838.718,398.815,996.514,15411,768.28,947
Equity Application Money1.31.15.20.722.31.91.40.31.5
Total Shareholders Funds27,924.526,885.724,86521,813.120,284.418,842.816,437.214,590.912,248.99,182
Minority Interest470.2495.4379.5393.3477.7509.1464.1192.7160.1143.8
Secured Loans 27.523.3181.6545.8445.5868.5508.8395.2136.1309.2
Unsecured Loans 2,712.72,595.12,719.23,124.71,5501,528.1857.4695.756453.9
Total Debt2,740.22,618.42,900.83,670.51,995.52,396.61,366.21,090.9700.1363.1
Other Liabilities3,192.43,667.63,106.43,153.22,143.92,391.72,377.51,908.81,684.52,019.9
Total Liabilities34,327.333,667.131,251.729,030.124,901.524,140.220,64517,783.314,793.611,708.8
APPLICATION OF FUNDS :
Gross Block 28,08525,971.218,941.418,008.114,877.114,887.212,639.28,529.27,679.25,460
Less: Accumulated Depreciation13,153.511,187.69,922.99,136.17,815.97,264.86,169.54,219.93,646.32,865.6
Less: Impairment of Assets0000009.6000
Net Block14,931.514,783.69,018.58,8727,061.27,622.46,460.14,309.34,032.92,594.4
Capital Work in Progress119.7165.1118.350.1276.3239.9372.9629.4567.7266.2
Investments 3,388.14,883.810,237.65,848.37,341.94,840.72,395.51,297.12,102.81,471.9
Inventories 23.640.524.235.875.265.961.140.324.59.8
Sundry Debtors 12,881.611,933.49,031.77,577.26,958.66,497.95,337.75,770.55,205.94,348.6
Cash and Bank Balance4,254.73,974.52,835.23,148.32,358.73,044.33,218.64,0182,404.93,314.9
Loans and Advances 4,489.64,071.43,706.96,798.75,583.44,9045,544.44,032.53,813.22,616.1
Total Current Assets21,649.520,019.815,59817,56014,975.914,512.114,161.813,861.311,448.510,289.4
Current Liabilities 9,328.19,032.76,704.86,830.97,131.64,950.34,200.43,695.13,255.82,963.9
Provisions 2,171.81,715.71,645.41,456.91,412.71,340.91,211.61,046.31,798.71,266.9
Total Current Liabilities & Provisions11,499.910,748.48,350.28,287.88,544.36,291.25,4124,741.45,054.54,230.8
Net Current Assets10,149.69,271.47,247.89,272.26,431.68,220.98,749.89,119.96,3946,058.6
Deferred Tax Assets1,296.5819.1913.3844.3609.1613.8267.4555.1390.1383
Deferred Tax Liability326.1455.276.135.61.1439.522.900
Net Deferred Tax970.4363.9837.2808.7608570.8257.9532.2390.1383
Other Assets4,7684,199.33,792.34,178.83,182.52,645.52,408.81,895.41,306.1934.7
Total Assets34,327.333,667.131,251.729,030.124,901.524,140.220,64517,783.314,793.611,708.8
Contingent Liabilities5,649.55,516.25,744.95,799.95,094.25,705.212,822.37,498.15,990.30
Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014
SOURCES OF FUNDS :
Share Capital 487.1485.9484.1482.9491.7489.7486.8483.5480.4233.5
Reserves Total 24,715.525,720.224,526.621,789.820,153.919,042.816,401.514,505.210,775.48,355.1
Equity Application Money1.33.65.10.722.31.91.40.31.5
Total Shareholders Funds25,203.926,209.725,015.822,273.420,647.619,534.816,890.214,990.111,256.18,590.1
Secured Loans 00000254.8262.5228.55.2309.2
Unsecured Loans 579.1616.9518.8480.912.600000
Total Debt579.1616.9518.8480.912.6254.8262.5228.55.2309.2
Other Liabilities2,095.42,214.32,047.91,992.41,843.72,0871,973.51,705.11,559.71,924.8
Total Liabilities27,878.429,040.927,582.524,746.722,503.921,876.619,126.216,923.712,82110,824.1
APPLICATION OF FUNDS :
Gross Block 10,653.99,979.48,451.68,643.17,496.17,668.76,378.65,458.44,852.84,246.3
Less : Accumulated Depreciation 7,012.56,349.85,403.95,307.44,710.64,438.23,880.43,335.92,871.82,412.7
Net Block 3,641.43,629.63,047.73,335.72,785.53,230.52,498.22,122.51,9811,833.6
Capital Work in Progress47.6136.1111.435.2271.7235.4361.8627.5551.1264
Investments 13,320.314,53216,552.410,648.612,960.710,258.17,716.44,976.14,087.72,294
Sundry Debtors 10,351.69,900.87,238.86,2125,963.95,1014,571.75,154.44,240.83,927.8
Cash and Bank Balance1,203.81,361.91,050.11,8581,210.31,930.32,083.93,284.91,819.52,826.3
Loans and Advances 3,290.82,731.82,677.15,212.84,412.53,947.34,504.52,865.72,971.82,326.3
Total Current Assets14,846.213,994.510,96613,282.811,586.710,978.611,160.111,3059,032.19,080.4
Current Liabilities 6,6855,502.44,727.94,601.76,808.64,031.13,743.63,185.72,718.22,825.7
Provisions 1,471.81,016.11,064.3973.61,029.5922.7863784.91,477.31,089.4
Total Current Liabilities & Provisions8,156.86,518.55,792.25,575.37,838.14,953.84,606.63,970.64,195.53,915.1
Net Current Assets6,689.47,4765,173.87,707.53,748.66,024.86,553.57,334.44,836.65,165.3
Deferred Tax Assets462.7408.5487.5455.4330.7315320.4380.6288310.9
Deferred Tax Liability26.9134.282.119112.539.7295.5-4.900
Net Deferred Tax435.8274.3405.4436.4218.2275.324.9385.5288310.9
Other Assets3,743.92,992.92,291.82,583.32,519.21,852.51,971.41,477.71,076.6956.3
Total Assets27,878.429,040.927,582.524,746.722,503.921,876.619,126.216,923.712,82110,824.1
Contingent Liabilities6,245.87,453.67,648.67,565.34,794.67,140.17,721.37,264.47,420.21,505.6

Cash Flow (Figures in Rs. Crores)

Net Profit before Tax and Extr...6,445.5
Depreciation1,956.7
Interest (Net)220.6
P/L on Sales of Assets-4.2
Prov. and W/O (Net)546.6
P/L in Forex326.6
Total Adjustments (PBT and Ext...2,964.7
Operating Profit before Workin...9,410.2
Trade and 0ther Receivables-1,783.6
Trade Payables255.2
Total Adjustments (OP before W...-1,845.1
Cash Generated from/(used in) ...7,565.1
Direct Taxes Paid-1,993.1
Total Adjustments(Cash Generat...-1,993.1
Cash Flow before Extraordinary...5,572
Net Cash from Operating Activi...5,572
Purchased of Fixed Assets-1,015.2
Sale of Fixed Assets46
Purchase of Investments-21,477.6
Sale of Investments23,074.8
Interest Received144.8
Net Cash used in Investing Act...-226.5
Proceeds from Issue of shares ...44.2
Proceed from 0ther Long Term B...65.8
Of the Long Tem Borrowings-32.1
Of the Short Term Borrowings-193.1
Of Financial Liabilities-442.6
Dividend Paid-4,263.3
Interest Paid-257
Net Cash used in Financing Act...-5,078.1
Net Profit before Tax and Extr...4,904.1
Depreciation812.9
Interest (Net)96
Dividend Received1,046.1
P/L on Sales of Assets-2
P/L on Sales of Invest65.3
Prov. and W/O (Net)856.8
P/L in Forex165.3
Total Adjustments (PBT and Ext...1,478.6
Operating Profit before Workin...6,382.7
Trade and 0ther Receivables-1,419.4
Trade Payables1,038.1
Total Adjustments (OP before W...-839.4
Cash Generated from/(used in) ...5,543.3
Direct Taxes Paid-1,441.2
Total Adjustments(Cash Generat...-1,441.2
Cash Flow before Extraordinary...4,102.1
Net Cash from Operating Activi...4,102.1
Purchased of Fixed Assets-555.5
Sale of Fixed Assets2.8
Purchase of Investments-21,226.4
Sale of Investments22,603.3
Interest Received76.3
Investment in Group Cos.-1,276.7
Net Cash used in Investing Act...733.9
Proceeds from Issue of shares ...42.8
Of Financial Liabilities-226.5
Dividend Paid-4,670.5
Interest Paid-137.3
Net Cash used in Financing Act...-4,991.5

Company Details

Registered Office
AddressGateway Building,
Apollo Bunder
CityMumbai
StateMaharashtra
Pin Code400001
Tel. No.91-22-22021031
Fax. No.91-22-22028780
Emailinvestor.relations@techmahindra.com
Internethttp://www.techmahindra.com
Registrars
AddressGateway Building
CityMumbai
StateMaharashtra
Pin Code400001
Tel. No.91-22-22021031
Fax. No.91-22-22028780
Emailinvestor.relations@techmahindra.com
Internethttp://www.techmahindra.com
Management
Name Designation
Anand MahindraChairman (Non-Executive)
C P GurnaniManaging Director & CEO
T N ManoharanLead Independent Director
M Rajyalakshmi RaoIndependent Director
Anil KhatriCompany Sec. & Compli. Officer
Mukti KhaireDirector
Haigreve KhaitanIndependent Director
Shikha SharmaIndependent Director
Anish ShahDirector
Manoj BhatDirector
Penelope FowlerIndependent Director
Mohit JoshiManaging Director & CEO