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Tech Mahindra Ltd
NSE:TECHM

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Tech Mahindra Ltd
NSE:TECHM
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Price: 1 612 INR -2.08%
Market Cap: ₹1.6T

Gross Margin

89.8%
Current
Improving
by 2.1%
vs 3-y average of 87.6%

Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.

Gross Margin
89.8%
=
Gross Profit
₹494.7B
/
Revenue
₹551.2B

Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.

Gross Margin
89.8%
=
Gross Profit
₹494.7B
/
Revenue
₹551.2B

Peer Comparison

Country Company Market Cap Gross
Margin
IN
Tech Mahindra Ltd
NSE:TECHM
1.6T INR
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IN
Tata Consultancy Services Ltd
NSE:TCS
10.6T INR
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IN
Infosys Ltd
NSE:INFY
6.1T INR
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IN
HCL Technologies Ltd
NSE:HCLTECH
4.3T INR
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US
International Business Machines Corp
NYSE:IBM
270.6B USD
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IE
Accenture PLC
NYSE:ACN
143.5B USD
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JP
Fujitsu Ltd
TSE:6702
6.9T JPY
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JP
NEC Corp
TSE:6701
5.7T JPY
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US
Cognizant Technology Solutions Corp
NASDAQ:CTSH
37.3B USD
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JP
NTT Data Group Corp
DUS:NT5
30.3B EUR
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JP
NTT Data Corp
TSE:9613
5.6T JPY
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Market Distribution

Higher than 92% of companies in India
Percentile
92st
Based on 4 996 companies
92st percentile
89.8%
Low
-3 052.3% — 26.9%
Typical Range
26.9% — 53.3%
High
53.3% — 8 269.1%
Distribution Statistics
India
Min -3 052.3%
30th Percentile 26.9%
Median 39%
70th Percentile 53.3%
Max 8 269.1%

Tech Mahindra Ltd
Glance View

In the bustling world of global IT services, Tech Mahindra Ltd. has carved a niche for itself, emerging as a vital player among the giants. Born out of the renowned Mahindra Group, Tech Mahindra began its journey in the early 1980s, gaining momentum through partnerships and strategic expansions. The company took its initial baby steps in the telecommunications sector, which laid the groundwork for its progressive foray into multiple tech domains. Over the decades, it methodically expanded its service offerings beyond telecom, venturing into IT and business outsourcing services, software development, and digital solutions. Central to its strategy has been the seamless integration of technology with business processes and a focus on customer-centric innovations. This approach has elevated the company to significant heights, impacting diverse sectors such as banking, healthcare, and retail. The backbone of Tech Mahindra’s business model is its diversified portfolio of digital transformation services, which drive its revenue streams. Consistently adapting to the ever-changing tech landscape, the firm offers services like cloud computing, data analytics, cybersecurity, and AI-driven solutions, catering to a global clientele. By leveraging its workforce and innovation prowess, Tech Mahindra serves an enormous variety of industries, providing value through tailored IT solutions that enhance efficiency and business outcomes. The company's ability to generate revenue hinges on its robust project management frameworks that deliver projects on time and within budget while maintaining high performance and quality standards. Furthermore, strategic acquisitions have amplified its capabilities, allowing Tech Mahindra to penetrate new markets and escalate its growth trajectory. Ultimately, it is this intricate synergy of strategic vision and operational execution that propels Tech Mahindra's success on the global stage.

TECHM Intrinsic Value
1 195.44 INR
Overvaluation 26%
Intrinsic Value
Price
What is Gross Margin?
Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.
How is Gross Margin calculated?

Gross Margin is calculated by dividing the Gross Profit by the Revenue.

Gross Margin
89.8%
=
Gross Profit
₹494.7B
/
Revenue
₹551.2B
What is Tech Mahindra Ltd's current Gross Margin?

The current Gross Margin for Tech Mahindra Ltd is 89.8%, which is above its 3-year median of 87.6%.

How has Gross Margin changed over time?

Over the last 3 years, Tech Mahindra Ltd’s Gross Margin has increased from 84.6% to 89.8%. During this period, it reached a low of 84.6% on Dec 1, 2022 and a high of 89.8% on Jan 31, 2026.

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