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
Job Openings20
Revenue (FY, 2020)₹368.7 B(+7%)
Share Price (Sept 2021)₹1.5 K(+2%)
Cybersecurity ratingBMore

Key People/Management at Tech Mahindra

CP Gurnani

CP Gurnani

Managing Director and Chief Executive Officer
Anand Mahindra

Anand Mahindra

Chairman, Mahindra Group
Milind Kulkarni

Milind Kulkarni

CFO
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
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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 (14-Sept-2021)

1.4t

Closing stock price (14-Sept-2021)

1.5k

Cash (30-Sept-2020)

31.5b

EV

1.4t
Tech Mahindra's current market capitalization is ₹1.4 t.
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

770788801807807818825837843843864885903913926930935938941946964973981988

Countries

90909090

Customers

767807

Sales Offices

49
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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€5.4 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

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Tech Mahindra Cybersecurity Score

Cybersecurity ratingPremium dataset

B

86/100

SecurityScorecard logo

Tech Mahindra Online and Social Media Presence

Embed Graph

Tech Mahindra Company Culture

  • Overall Culture

    F

    41/100

  • CEO Rating

    F

    37/100

  • Compensation

    F

    39/100

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Tech Mahindra News and Updates

Tech Mahindra Q1 Review: Shares Hit Record High As Analysts Up Targets

Here’s what brokerages have said about Tech Mahindra’s June-quarter numbers.

Tech Mahindra Q1 Review - Improving Outlook, But Operational Metrics Stretched: Motilal Oswal

Tech Mahindra Q1 Review - Improving Outlook, But Operational Metrics Stretched: Motilal Oswal

Tech Mahindra Q1 Results: Profit Rises 25%, Margin Contracts

Tech Mahindra's net profit rises 25% quarter-on-quarter, beats estimates.

Tech Mahindra joins hands with StaTwig for blockchain-based traceability solution for vaccine supply chain

Tech Mahindra and StaTwig aim to roll out a blockchain-based traceability solution for global vaccine supply chain transparency, including problems related to expired vaccines, stock-outs, and counterfeiting.
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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 Milind Kulkarni.

  • 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 Virtusa, HCL Enterprise and Mindtree.

  • 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.