Company Tech Mahindra Limited Bombay S.E.

Equities

TECHM

INE669C01036

IT Services & Consulting

Market Closed - Bombay S.E. 06:21:37 2024-04-23 am EDT 5-day change 1st Jan Change
1,200 INR -0.63% Intraday chart for Tech Mahindra Limited +0.34% -5.70%

Business Summary

Tech Mahindra Limited is one of India's leading IT service providers. Net sales break down by activity as follows:

- IT services (89.9%): consulting and engineering services, software publishing, outsourcing, architectural development and deployment, management of application management, development of network infrastructures, data security, cloud computing, etc. ;

- business process outsourcing services (10.1%).

Net sales break down as follows: telecommunications (39.7%), manufacturing industries (16.4%), financial services (16.1%), technology, media and entertainment (9.4%), distribution, transport and logistics (7.6%) and other (10.8%).

Net sales are distributed geographically as follows: India (6.8%), the Americas (47.5%), Europe (26%) and other (19.7%).

Number of employees: 150,604

Sales per Business

INR in Million2022Weight2023Weight Delta
Information Technology Services
86.5 %
391,852 87.8 % 460,972 86.5 % +17.64%
Business Processing Outsourcing
13.5 %
54,608 12.2 % 71,930 13.5 % +31.72%

Sales per region

INR in Million2022Weight2023Weight Delta
Americas
49.9 %
214,084 48.0 % 266,045 49.9 % +24.27%
Europe
24.9 %
117,075 26.2 % 132,753 24.9 % +13.39%
Rest of the World
19.1 %
88,825 19.9 % 101,871 19.1 % +14.69%
India
6.0 %
26,476 5.9 % 32,233 6.0 % +21.74%

Managers

Managers TitleAgeSince
Chief Executive Officer 49 23-03-10
Director of Finance/CFO - 22-05-31
Chief Operating Officer - 23-08-06
Compliance Officer - 17-03-31
Director/Board Member 51 -
Investor Relations Contact - -
Corporate Officer/Principal - -
Corporate Officer/Principal 58 -
Comptroller/Controller/Auditor - 21-06-30
Human Resources Officer - Jan. 02

Members of the board

Members of the board TitleAgeSince
Chairman 69 95-09-18
Director/Board Member 64 19-07-31
Director/Board Member 53 19-07-31
Director/Board Member 68 13-06-30
Director/Board Member 75 13-06-30
Director/Board Member - 22-05-12
Chief Executive Officer 49 23-03-10
Director/Board Member 51 -
Director/Board Member 54 19-09-09
Director/Board Member 51 19-04-18

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 1,071,037,412 621,608,600 ( 58.04 %) 94,235,629 ( 8.799 %) 58.04 %

Shareholders

NameEquities%Valuation
248,463,703 25.44 % 3 725 M ₹
Life Insurance Corporation of India (Investment Portfolio)
9.450 %
92,303,270 9.450 % 1 384 M ₹
92,303,270 9.450 % 1 384 M ₹
SBI Funds Management Ltd.
3.522 %
34,403,547 3.522 % 516 M ₹
UTI Asset Management Co. Ltd. (Investment Management)
1.320 %
12,893,758 1.320 % 193 M ₹
HDFC Asset Management Co. Ltd. (Invt Mgmt)
1.265 %
12,356,325 1.265 % 185 M ₹
Norges Bank Investment Management
1.114 %
10,876,253 1.114 % 163 M ₹
National Pension System Trust
1.114 %
10,876,253 1.114 % 163 M ₹
Tata Asset Management Ltd.
1.036 %
10,119,134 1.036 % 152 M ₹
Kotak Mahindra Asset Management Co. Ltd.
0.9961 %
9,729,040 0.9961 % 146 M ₹

Holdings

NameEquities%Valuation
92,303,270 9.45% 1,383,843,853 $

Company contact information

Tech Mahindra Ltd.

Rajiv Gandhi Infotech Park Plot No.1, Phase III

411057, Pune

+91 20 4225 0000

https://www.techmahindra.com/en-in/locations/india/
address Tech Mahindra Limited(TECHM)

Group companies

NameCategory and Sector
Investment Managers
Packaged Software
Information Technology Services
Information Technology Services
Information Technology Services
Information Technology Services
Information Technology Services
Engineering & Construction
Advertising/Marketing Services

Sales per Business

Sales per region

Trading Rating
Investor Rating
ESG Refinitiv
More Ratings
Sell
Consensus
Buy
Mean consensus
HOLD
Number of Analysts
40
Last Close Price
1,208 INR
Average target price
1,269 INR
Spread / Average Target
+5.08%
Consensus