OverviewSuggest Edit

Tech Mahindra is a global provider of information technology and business process outsourcing services to corporate customers. The company offers application development and maintenance, consulting and enterprise business solutions, extended engineering solutions, and infrastructure management services. It serves a range of industries including insurance, banking and financial services, manufacturing, telecommunications, transportation, and engineering services.

TypePublic
Founded1986
HQPune, IN
Websitetechmahindra.com
Employee Ratings3.6
Overall CultureF

Latest Updates

Employees (est.) (Sept 2020)123,416
Revenue (FY, 2020)₹368.7 B(+7%)
Share Price (Feb 2021)₹1 K(+4%)
Cybersecurity ratingAMore

Key People/Management at Tech Mahindra

CP Gurnani

CP Gurnani

Managing Director and Chief Executive Officer
Anand Mahindra

Anand Mahindra

Chairman, Mahindra Group
Vivek Agarwal

Vivek Agarwal

Global Head for Enterprise Verticals Solutions and Portfolio Companies
Jagdish Mitra

Jagdish Mitra

Chief Strategy Officer and Head of Growth
Mao Mohapatra

Mao Mohapatra

Chief Executive, Mahindra Comviva and Head, Enterprise Mobility
Sunil Sanger

Sunil Sanger

Chief Internal Auditor, Chief Risk Officer, Corporate Ombudsman and Data Protection Officer
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Tech Mahindra Office Locations

Tech Mahindra has offices in Pune, Bengaluru, Bhubaneswar, Chennai and in 140 other locations
Pune, IN (HQ)
Plot No. 1, Phase III Rajiv Gandhi Infotech Park Hinjewadi
Bengaluru, IN
45, Hosur Rd, Electronic City Phase II, Electronic City
Bengaluru, IN
RMZ Ecoworld Infrastructure Pvt Ltd, Tower 4A&4B, Fourth Floor, Marathalli Outer Ring Road
Bengaluru, IN
Unit II, (Wing B) Level 1, Creator Building International Tech Park Sadarmangala/Pattandur Agrahara
Bhubaneswar, IN
Nandankanan Rd, Near XIB, Rail Vihar, Chandrasekharpur
Bhubaneswar, IN
Plot No. S, 1, Maitre Vihar Rd, NALCO Nagar, Chandrasekharpur
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Tech Mahindra Financials and Metrics

Tech Mahindra Revenue

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View revenue for all periods
Tech Mahindra's revenue was reported to be ₹368.68 b in FY, 2020 which is a 6.1% increase from the previous period.
INR

Revenue (Q2, 2021)

93.7b

Gross profit (Q2, 2021)

29.5b

Gross profit margin (Q2, 2021), %

31.4%

Net income (Q2, 2021)

10.6b

EBITDA (Q2, 2021)

17.0b

EBIT (Q2, 2021)

13.3b

Market capitalization (18-Feb-2021)

968.0b

Closing stock price (18-Feb-2021)

1.0k

Cash (30-Sept-2020)

31.5b

EV

965.4b
Tech Mahindra's current market capitalization is ₹968 b.
Annual
INRFY, 2018FY, 2019FY, 2020

Revenue

307.7b347.4b368.7b

Revenue growth, %

6%13%6%

Cost of goods sold

215.3b233.6b259.7b

Gross profit

92.4b113.8b108.9b
Quarterly
INRQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021

Revenue

82.8b86.3b89.4b86.5b90.7b96.5b91.1b93.7b

Cost of goods sold

57.3b56.9b59.8b61.6b63.9b67.3b65.1b64.2b

Gross profit

25.4b29.4b29.6b24.9b26.8b29.2b26.0b29.5b

Gross profit Margin, %

31%34%33%29%30%30%29%31%
Annual
INRFY, 2018FY, 2019FY, 2020

Cash

19.7b20.4b30.2b

Accounts Receivable

65.0b69.6b75.8b

Inventories

6.6b752.0m358.0m

Current Assets

181.1b215.7b231.7b
Quarterly
INRQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021

Cash

20.9b19.8b18.6b15.4b16.3b17.9b31.5b

Accounts Receivable

66.5b71.9b76.4b66.9b73.3b79.0b64.2b

Inventories

760.0m845.0m638.0m829.0m383.0m1.3b277.0m

Current Assets

193.5b193.9b198.5b210.2b231.7b223.3b239.0b
Annual
INRFY, 2018FY, 2019FY, 2020

Depreciation and Amortization

10.9b11.3b14.5b

Accounts Payable

2.6b5.6b18.1b

Cash From Operating Activities

35.5b44.3b43.6b

Purchases of PP&E

(10.2b)(8.0b)(8.4b)
Quarterly
INRQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q2, 2021

Depreciation and Amortization

2.8b5.8b8.6b3.2b6.6b10.5b7.5b

Accounts Payable

940.0m3.8b5.1b(365.0m)3.0b5.0b(1.1b)

Cash From Operating Activities

7.9b17.3b31.1b6.8b14.6b29.5b46.3b

Purchases of PP&E

(1.7b)(3.1b)(5.9b)(2.1b)(4.2b)(6.5b)(4.5b)
INRFY, 2018

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 Customers was reported to be 807 in FY, 2016. Tech Mahindra's Active Customers was reported to be 988 in Q2, 2021.
FY, 2015Q1, 2016Q2, 2016Q3, 2016Q4, 2016FY, 2016Q1, 2017Q2, 2017Q3, 2017Q4, 2017FY, 2017Q1, 2018Q2, 2018Q3, 2018FY, 2018Q1, 2019Q2, 2019Q3, 2019FY, 2019Q1, 2020Q2, 2020Q3, 2020FY, 2020Q1, 2021Q2, 2021

Active Customers

770 788 801 807 807 818 825 837 843 843 864 885 903 913 926 930 935 938 941 946 964 973 981 988

Countries

90 90 90 90

Customers

767 807

Sales Offices

49
Show all operating metrics

Tech Mahindra Acquisitions / Subsidiaries

Company NameDateDeal Size
Zen3 infosolutionsFebruary 24, 2020$64 m
BORNNovember 05, 2019$95 m
Mad*Pow Media SolutionsJuly 30, 2019
ObjectWise Consulting GroupJune 17, 2019c$2.75 m
Infotek Software and Systems Private Limited and Vitaran Electronics Private LimitedApril 09, 2019
K-Vision CoMarch 14, 2019
Dynacommerce Holding B.V., NetherlandsFebruary 14, 2019
Inter - InformaticsAugust 23, 2018€5.40 m
Altiostar Networks Inc., USAJanuary 18, 2018
CJS Solutions GroupMarch 06, 2017$110 m
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Tech Mahindra Revenue Breakdown

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Tech Mahindra revenue breakdown by business segment: 90.7% from IT Services and 9.3% from BPO Services

Tech Mahindra revenue breakdown by geographic segment: 26.9% from Europe , 48.0% from Americas, 17.4% from Rest of World and 7.6% from India

Show all human capital metrics

Tech Mahindra Cybersecurity Score

Cybersecurity ratingPremium dataset

A

90/100

SecurityScorecard logo

Tech Mahindra Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

60-79

out of 100

CSRHub logo

Tech Mahindra Online and Social Media Presence

Embed Graph

Tech Mahindra Company Culture

  • Overall Culture

    F

    38/100

  • CEO Rating

    F

    40/100

  • Compensation

    D+

    55/100

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Tech Mahindra News and Updates

IBM, Tech Mahindra collaborate to create $ 1B ecosystem in 3 years

Some of the key initiatives underway include launch of Tech Mahindra's Blue Marble on IBM Cloud for Telecommunications to drive 5G momentum, collaboration to grow cybersecurity business with IBM Cloud Pak for Security, and strengthening and expanding portfolio through cloud based offerings.

Tech Mahindra - Margin Continues To Improve In Q3: ICICI Direct

Tech Mahindra - Margin Continues To Improve In Q3: ICICI Direct

Tech Mahindra to acquire fintech startup Payments Technology Services for $9M

The acquisition will give Tech Mahindra access to IPs and licenses for two products - Open Payment Framework (OPF) and Multi-Bank System (MBS), a regulatory filing said.

Stocks To Watch: Bharti Airtel, Hero MotoCorp, Infosys, Tata Motors, Tech Mahindra, Wipro

Here are the stocks to watch in trade today.

Tech Mahindra Q221 EBITDA Up 30.9%

Tech Mahindra Ltd., a specialist in digital transformation, consulting and business reengineering services today announced the audited consolidated financial results for its second quarter ended September 30, 2020.read more
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Tech Mahindra Frequently Asked Questions

  • When was Tech Mahindra founded?

    Tech Mahindra was founded in 1986.

  • Who are Tech Mahindra key executives?

    Tech Mahindra's key executives are CP Gurnani, Anand Mahindra and Vivek Agarwal.

  • How many employees does Tech Mahindra have?

    Tech Mahindra has 123,416 employees.

  • What is Tech Mahindra revenue?

    Latest Tech Mahindra annual revenue is ₹368.7 b.

  • What is Tech Mahindra revenue per employee?

    Latest Tech Mahindra revenue per employee is ₹3 m.

  • Who are Tech Mahindra competitors?

    Competitors of Tech Mahindra include HCL Enterprise, Mindtree and Tata Consultancy Services.

  • Where is Tech Mahindra headquarters?

    Tech Mahindra headquarters is located at Plot No. 1, Phase III Rajiv Gandhi Infotech Park Hinjewadi, Pune.

  • Where are Tech Mahindra offices?

    Tech Mahindra has offices in Pune, Bengaluru, Bhubaneswar, Chennai and in 140 other locations.

  • How many offices does Tech Mahindra have?

    Tech Mahindra has 182 offices.