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.

Pune, IN
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

L. Ravichandran

L. Ravichandran

Mao Mohapatra

Mao Mohapatra

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

Brian Maloney

Non-Executive Chairman of Tech Mahindra, Americas
Vivek Agarwal

Vivek Agarwal

Global Head for Enterprise Verticals Solutions фnd Portfolio Companies
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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
Visakhapatnam, IN
Bullayya College Internal Rd
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Tech Mahindra Financials and Metrics

Tech Mahindra Revenue

Tech Mahindra's revenue was reported to be ₹321.89 b in FY, 2018 which is a 7.6% increase from the previous period.

Revenue (FY, 2018)

321.9 b

Revenue growth (FY, 2017 - FY, 2018), %


Net income (FY, 2018)

37.9 b

EBITDA (FY, 2018)

47.1 b

EBIT (FY, 2018)

36.2 b

Cash (31-Mar-2018)

19.7 b
INRFY, 2016FY, 2017FY, 2018


269.3 b299.2 b321.9 b

Revenue growth, %


Operating expense total

223.2 b201.7 b262.3 b

Depreciation and amortization

7.6 b9.8 b10.8 b
INRQ1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018


62.9 b66.2 b67 b71.7 b73.1 b77.1 b77.5 b79.3 b80 b

Operating expense total

53.9 b55.3 b55.7 b59.2 b61.3 b64.1 b64.4 b65.4 b64.6 b

Depreciation and amortization

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


9.1 b10.9 b11.3 b10.3 b10.7 b11.9 b9.3 b1.1 b1.4 b
INRFY, 2016FY, 2017FY, 2018


24 b20 b19.7 b

Accounts Receivable

57.7 b53.4 b65 b


403 m611 m659.4 m

Current Assets

149.9 b163.3 b181.1 b
Half Year
INRH1, 2016H1, 2017H1, 2018


21.7 b19.2 b23.1 b

Accounts Receivable

54.6 b61.4 b61.7 b


340.8 m642.4 m624.3 m

Current Assets

131.1 b146.2 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, 2018


2.8 m


0.1 x


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 913 in FY, 2018.
FY, 2015Q1, 2016Q2, 2016Q3, 2016Q4, 2016FY, 2016Q1, 2017Q2, 2017Q3, 2017Q4, 2017FY, 2017Q1, 2018Q2, 2018Q3, 2018FY, 2018

Active Customers

770 788 801 807 818 825 837 843 843 864 885 903 913


90 90 90 90

Delivery Centers


Sales Offices

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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 Revenue Breakdown

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Tech Mahindra revenue breakdown by business segment: 6.8% from BPO Services, 88.8% from IT Services and 4.4% from Other

Tech Mahindra revenue breakdown by geographic segment: 29.8% from Europe , 46.6% from Americas and 23.6% from Rest of World

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Tech Mahindra Online and Social Media Presence

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Tech Mahindra News and Updates

Tech Mahindra Ltd spurts 1.14%, rises for third straight session

The stock is quoting at Rs 680.5, up 1.14% on the day as on 12:49 IST on the NSE. Tech Mahindra Ltd is up 58.68% in last one year as compared to a 16.52% gain in NIFTY and a 42.75% gain in the Nifty IT index.

Tech Mahindra signs 4-yr deal with US football team

IT firm Tech Mahindra today said it has signed a four-year technology partnership deal with US-based football team Jacksonville Jaguars. The Indian company would provide modern tools like artificial intelligence and data analytics to enhance experience of the team's fans and front office efficiencie…

Software Testing Services In Telecom Market By Top Key Players Like - Amdocs ,TCS ,IBM ,HP ,Alcatel-Lucent ,Capgemini ,CGI ,Cognizant ,Infosys ,Maverick systems ,NTT Data ,TCS ,Tech Mahindra ,Wipro Research Report 2018 To 2023

The Top Players Including Amdocs ,TCS ,IBM ,HP ,Alcatel-Lucent ,Capgemini ,CGI ,Cognizant ,Infosys ,Maverick systems ,NTT Data ,TCS ,Tech Mahindra ,Wipro. Posted via Industry Today. Follow us on Twitter @IndustryToday

Tech Mahindra to roll out 5G pilot projects next month

CEO C.P. Gurnani says Tech Mahindra hopes to garner over $100 million as revenues from blockchain technology during the current fiscal

Tech Mahindra partners with NV to work on blockchain technology solutions

BS ReporterHyderabad, 3 August: Indian tech company Tech Mahindra today announced a strategic partnership with domestic blockchain company Nucleus.Vision(NV). Under this partnership Tech Mahindra will provide the technology expertise to broaden NV's business reach, and will leverage its telecom affi…

Tech Mahindra, Government of Telangana collaborate to launch India's first blockchain district

The Telangana State Information Technology, Electronics and Communication department (ITE&C) has signed an MoU (Memorandum of Understanding) with the global digital transformation provider Tech Mahindra to launch India's first Blockchain District in the state of Telangana.The Blockchain District…
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Tech Mahindra Company Life and Culture

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