Tech Mahindra Limited is a leading multinational tech solutions and business process services provider. It specialises in information technology and consulting services. The company is a part of the global conglomerate Mahindra Group. The market capitalisation of Tech Mahindra stood at over ₹1.26 lakh crore as of December 18, 2023. Tech Mahindra share price has surged over 38% in the last three years.
Mahindra & Mahindra entered into a joint venture with British Telecom in 1986. This led to the establishment of a technology outsourcing company known as Tech Mahindra. Initially, British Telecom held approximately 30% stake in Tech Mahindra. There were gradual shifts in ownership over the years. British Telecom ended its ownership by selling its remaining 9.1% stake in December 2012.
Tech Mahindra specialises in IT solutions for the telecommunication sector. The company caters to clients across the global telecom industry. The client base of the company includes telecom service providers, telecom equipment manufacturers and independent software vendors. The company also offers business process outsourcing (BPO) services.
Business operations
Tech Mahindra serves its diverse client base with a workforce of over 1,48,000 employees and contractual workers spread in more than 90 countries. The employees assist around 1,250 global clients, which also include Fortune 500 companies. Their core strength lies in leveraging cutting-edge technologies like 5G, metaverse, blockchain, quantum computing, cybersecurity and artificial intelligence (AI).
Tech Mahindra has achieved many milestones in its nearly four-decade long journey. The acquisition of Satyam Computers in 2009 marked a significant development for Tech Mahindra. Tech Mahindra hit the global headlines when it became the official IT partner and sponsor for the 2010 FIFA World Cup.
The IT services arm of the Mahindra Group ranked 5th among India's software services firms and an overall 111 on the Fortune India 500 list in 2012. The year 2014 witnessed another significant milestone as Tech Mahindra acquired Lightbridge Communications Corporation (LCC), the largest independent telecom services company globally. Lightbridge had operations across more than 50 countries.
Tech Mahindra increased its portfolio in March 2021. It acquired ThoughtSpot, a US-based business intelligence analytics company.
In October 2022 , Tech Mahindra acquired Upendra Singh Multi Transmission Private Limited. This strategic move allowed the company to secure access to 1.5 MW of solar energy to power its facilities located in Noida. Tech Mahindra collaborated with Anyverse in 2023 to jointly develop autonomous technology for the automotive sector.
Tech Mahindra Financial Highlights
- Revenue: Tech Mahindra reported revenue of ₹56,847.30 crore in FY26 vs ₹53,843.70 crore in FY25. It showed an increase of 5.58% on a yearly basis.
- Operating Profit: Tech Mahindra reported an operating profit of ₹6,573.10 crore in FY26 vs ₹5,653.20 crore in FY25. It showed an increase of 16.27% on a year-on-year basis.
- Net Profit: Tech Mahindra reported a net profit of ₹4,805.50 crore in FY26 vs ₹4,253.00 crore in FY25. It showed an increase of 12.99% on a yearly basis.
Tech Mahindra Quarterly Result Highlights
- Tech Mahindra reported revenue of ₹14,871.40 crore in Mar 2026, compared with ₹14,371.50 crore in Dec 2025, representing an increase of 3.48% on a quarter-on-quarter (QoQ) basis.
- Tech Mahindra reported an operating profit of ₹1,790.60 crore in Mar 2026, compared with ₹1,505.10 crore in Dec 2025, representing an increase of 18.97% on a quarter-on-quarter (QoQ) basis.
- Tech Mahindra reported a profit of ₹1,356.40 crore in Mar 2026, compared with ₹1,118.60 crore in Dec 2025, reflecting an increase of 21.26% on a QoQ basis.
- The earnings per share (EPS) of Tech Mahindra stood at ₹54.28 during Mar 2026.
