RESEARCH REPORT ON
TECH MAHINDRA LIMITED
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. The Company’s subsidiaries include Tech Mahindra Luxembourg S.a r.l., Yabx India Private Limited, Tech Mahindra Credit Solutions Inc, Tech Mahindra Technology Services LLC and Zen3 Infosolutions (America) Inc.
COMPANY PROFILE
Tech Mahindra | |
Type | Public |
Traded as | · BSE: 532755 |
ISIN | INE669C01036 |
Industry | Information technology Consulting Outsourcing |
Founded | 24 October 1986; 36 years ago |
Founder | Anand Mahindra |
Headquarters | Pune, Maharashtra, India |
Area served | Worldwide |
Key people | · Anand Mahindra (Chairman) · C.P. Gurnani |
Revenue | ₹53,255.20 crore (US$6.7 billion)(2023) |
Operating income | ₹5,835.10 crore (US$730 million)(2023) |
Net income | ₹4,831.30 crore (US$610 million)(2023) |
Total assets | ₹46,153.30 crore (US$5.8 billion) (2023) |
Total equity | ₹27,924.50 crore (US$3.5 billion) (2023) |
Number of employees | 148,297 (June 2023) |
Parent | Mahindra Group |
Website | www.techmahindra.com |
TECHNICAL ANALYSIS
BUY TECH M ABOVE 1318 TGT 1440, 1580 SL 1170
(1-3 MONTHS)
RATIO ANALYSIS
Disclaimer: This research report is prepared by Shyam Advisory Limited, while making this report we have taken data from available sources and there may be errors in the data shown. We do not guarantee the accuracy of data and recommendation given in this report. Recommendation is for information purpose only. Registration granted by SEBI, membership of BASL and certification from NISM in no way guarantee performance of the Intermediary or provides any assurance of returns to investors.
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