Tech Mahindra revenue and financials

TECHM · NSE · INR

₹1,499.40Change from previous close: −2.38%Absolute change: −₹36.50

Close · October 6, 2026

In the fiscal year ended March 2026, Tech Mahindra reported revenue of ₹568.15B (+7.22% year over year). Net income was ₹48.11B, a net margin of 8.5%.

Annual revenue · 2026: ₹568.15B
  1. ₹532.9B2023
  2. ₹519.96B2024
  3. ₹529.88B2025
  4. ₹568.15B2026

Fiscal year ending in March. Sources and method on the page Methodology and sources.

At a glance

Revenue growth
+7.22%
FY to Mar 2026 vs FY to Mar 2025
Net income growth
+13.16%
FY to Mar 2026 vs FY to Mar 2025
Net margin
8.5%
FY to Mar 2025: 8.0%

Financial data

Amounts in millions of INR; per-share values in INR; shares in millions.

Balance sheet · Annual
ItemFY to Mar 2026FY to Mar 2025FY to Mar 2024FY to Mar 2023FY to Mar 2022
Total assets493,694444,945434,236461,533—
Current assets275,747236,792234,253244,327—
Cash and equivalents50,46143,18543,47140,563—
Short-term investments33,79430,88530,10528,971—
Inventory1,042394375236—
Net property, plant and equipment44,33139,32036,37040,684—
Goodwill84,56076,99375,10676,657—
Other intangible assets19,69923,49128,35032,677—
Long-term investments5505394611,729—
Current liabilities144,975126,740126,166133,210—
Accounts payable50,40044,10837,85343,846—
Long-term debt—0.01,0251,2881,420
Total debt21,86220,25225,36727,402—
Total liabilities192,924167,028162,768177,586—
Total equity (incl. minority)300,770277,917271,468283,947—
Retained earnings240,565231,051227,681238,604—
Minority interest4,6164,3024,7744,702—