Tech Mahindra is an Indian multinational information technology provider. The Company offers app development, consulting, infrastructure management, integrated engineering solutions, mobility, networking, performance engineering, enterprise security & risk management, and testing services.

Type
Public
HQ
Pune, IN
Founded
1986
Size (employees)
115,241 (est)-1%
Tech Mahindra was founded in 1986 and is headquartered in Pune, IN
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Key People/Management at Tech Mahindra

CP Gurnani

CP Gurnani

Managing Director and Chief Executive Officer
Milind Kulkarni

Milind Kulkarni

Chief Financial Officer
L. Ravichandran

L. Ravichandran

Chief Operating Officer
AS Murthy

AS Murthy

EVP
Mao Mohapatra

Mao Mohapatra

Chief Executive, Mahindra Comviva and Head, Enterprise Mobility
Brian Maloney

Brian Maloney

Non-Executive Chairman of Tech Mahindra, Americas
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Tech Mahindra Office Locations

Tech Mahindra has offices in Mumbai, Nagpur, Noida, Pune and in 109 other locations
Pune, IN (HQ)
Plot No. 1, Phase III Rajiv Gandhi Infotech Park Hinjewadi
Bengaluru, IN
Outer Ring Rd
Bhubaneswar, IN
Maitre Vihar Rd
Mumbai, IN
Saki Vihar Rd
Noida, IN
64
Visakhapatnam, IN
Bullayya College Internal Rd
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Tech Mahindra Financials and Metrics

Tech Mahindra Financials

Tech Mahindra's revenue was reported to be ₹299.18 b in FY, 2017 which is a 11.1% increase from the previous period.
INR

Revenue (Q3, 2018)

80 b

Net income (Q3, 2018)

9.2 b

Cash (30-Sep-2017)

23.1 b
Annual
INRFY, 2015FY, 2016FY, 2017

Revenue

192.9 b269.3 b299.2 b

Revenue growth, %

40%11%

Operating expense total

159 b232.2 b249.6 b

Depreciation and amortization

4.7 b7.6 b9.8 b
Quarterly
INRQ1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Revenue

64.3 b67.8 b67.7 b71.7 b73.1 b79.3 b77.5 b79.3 b80 b

Operating expense total

53.6 b55.1 b55.7 b58.9 b61 b63.7 b64 b65 b65.1 b

Depreciation and amortization

1.7 b2 b1.7 b2 b2.4 b2.5 b2.5 b2.7 b2.7 b

Pre tax profit

8.9 b10.5 b10 b10.4 b9.3 b10.6 b10.6 b11.2 b11.8 b
Annual
INRFY, 2015FY, 2016FY, 2017

Cash

12.1 b24 b20 b

Accounts Receivable

52.1 b57.7 b53.4 b

Inventories

246 m403 m611 m

Current Assets

123.3 b149.9 b163.3 b
Half Year
INRH1, 2016H1, 2017H1, 2018

Cash

21.7 b19.2 b23.1 b

Accounts Receivable

54.6 b61.4 b61.7 b

Inventories

340.8 m642.4 m624.3 m

Current Assets

146.2 b171.5 b
INRFY, 2015FY, 2016FY, 2017

Net Income

22.6 b30.3 b28.5 b

Depreciation and Amortization

4.7 b7.6 b9.8 b

Accounts Payable

2.1 b4.2 b6.3 b

Cash From Operating Activities

21.1 b31.4 b40.7 b
INRY, 2017

Revenue/Employee

694.3 k

Debt/Equity

0.1 x

Debt/Assets

0.1 x

Financial Leverage

1.6 x
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Tech Mahindra Operating Metrics

Tech Mahindra's Active Customers was reported to be 903 in Q3, 2018.
FY, 2015Q1, 2016Q2, 2016Q3, 2016Q4, 2016FY, 2016Q1, 2017Q2, 2017Q3, 2017Q4, 2017FY, 2017Q1, 2018Q2, 2018Q3, 2018Mar, 2018

Active Customers

770 788 801 807 818 825 837 843 864 885 903

Countries

90 90 90 90

Delivery Centers

85

Sales Offices

49
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Tech Mahindra Acquisitions / Subsidiaries

Acquired CompanyDateDeal Size
CJS Solutions Group March 06, 2017$110 m
The Bio Agency June 22, 2016£45 m
Target Group May 28, 2016$164 m
SOFGEN January 09, 2015
Lightbridge Communications Corporation November 20, 2014$240 m
Satyam Computer Services Ltd. June 25, 2013
iPolicy Networks January 18, 2007
Avion Networks Inc.
Canvasm Technologies Limited
Falcorp Technologies (Pty) Limited
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Tech Mahindra News and Updates

Tech Mahindra gets UK/India pact off to a good start

Tech Mahindra has announced a number of new investments into the UK, indicating the technology partnership signed between the UK and India recently was perhaps more than a PR stunt for the Prime Minister.

Tech Mahindra, VMware partner to accelerate network transformation

Tech Mahindra and VMware combine solutions Tech Mahindra and VMware recently announced a collaboration aimed at communication service providers (CSPs), which will focus on developing, marketing and deploying solutions that accelerate network transformation. CSPs have been gradually virtualizing thei…
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