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The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
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The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
Tech Mahindra Limited is a global consulting service and systems integrator. The Company specializes in digital transformation, consulting, and business re-engineering, with digital competencies encompassing next-generation technologies. It operates through two segments:…
Weekly engine runs — movement reflects the numbers, not analyst opinion.
A high-quality, stagnant business, fully valued.
Tech Mahindra is scored on the it / services framework. It keeps a slim 8.4% of every rupee of sales as net profit. Those profits are backed by real cash — operating cash flow runs 1.28× reported profit. Free cash flow is worth about 3.2% of its market value.
Over the last 3 years revenue compounded at 2%/yr and profit at -0%/yr. Book value has been broadly flat (1.9%/yr). Return on equity is an elite 18.6%. In the latest quarter profit grew 8% versus the prior quarter.
At 34× earnings, the stock sits at the 68th percentile of its own 3.6-year range — the middle of where it has historically traded. Today's price implies ~15%/yr earnings growth for a decade. The books come through clean — a forensic grade of A, and Altman puts distress risk in the safe zone.
A plain-English restatement of the figures on this page — rules-based, for education and research context, not investment advice or a recommendation.
| Ratio | Company | Sector | Read |
|---|---|---|---|
| P/E | 32.2 | 58.63 | better |
| P/B | 6.04 | 7.84 | better |
| EV/EBITDA | 17.72 | 62.5 | better |
| ROE | 18.62 | 5.36 | better |
| ROCE | 25.08 | 67.95 | worse |
| ROA | 11.42 | — | — |
| Quick Ratio | 1.89 | 11.28 | worse |
| Peer | P/E | P/B | ROE |
|---|---|---|---|
| TCS | 17.4 | 7.6 | 43.4% |
| Infosys | 15.6 | 5.1 | 31.0% |
| HCL Technologies | 21.3 | 5.1 | 24.1% |
2% CAGR — growing but slowly.
Operating margins have been stable around 12% — no major structural shift.
ROE at 16% — a respectable return on shareholder capital.
-0% EPS CAGR — this is the rate at which each share's claim on earnings is compounding.
Operating cash flow has been positive every year — the business generates real cash, not just accounting profit. Cash conversion at 1.3× PAT — earnings are well-backed by cash; strong accrual quality. Heavy investing spend every year, but operations generate enough to cover it — the business self-funds its growth.
When operating cash keeps pace with reported profit, earnings are cash-backed; a persistent shortfall is a quality flag.
Revenue broadly flat QoQ — stable but not accelerating. Run-rate stepping up — recent quarters average 9% above earlier ones.
Quarterly net margins are expanding (8% → 10%) — profitability per rupee of revenue is improving.
How today's P/E compares to the stock's own historical range. Dashed line = the 3.6y median.
Promoters at 35.0% — dispersed ownership; institutional flows drive the stock. FIIs have accumulated for 3 straight quarters — sustained foreign institutional conviction.
Produced by a rules-based engine over licensed exchange fundamentals — every sentence above is derived from the numbers shown, no analyst or AI opinion involved. Education and research context, not investment advice. We are not SEBI-registered as an Investment Adviser or Research Analyst.