Tech Mahindra Limited
PosiFunda Ratios Only on PositoAI
PositoAI's own ratios from Tech Mahindra Limited's yearly results (2023–2026), compared with Technology companies in India. Tap ? on any ratio for what it means.
What stands out
- Debt Due Cover Ratio: Debt due within a year is covered 88.7 times by its yearly operating cash. Higher than 93% of Technology companies in India.
- Cash Locked Ratio: Money owed to suppliers is larger than money owed by customers plus stock: ₹1 per ₹100 of sales comes from others' credit, against ₹2 tied up three years earlier. Less money tied up than 87% of Technology companies in India.
- Profit Cash Ratio: Over the last 3 years, every ₹100 of reported profit came with ₹161 of operating cash. Higher than 86% of Technology companies in India.
Where ₹100 of sales goes
Latest year (Mar 2026). Taxes and other income are not shown, so the parts need not add up to 100.
Cash quality
Profit Cash Ratio
₹161Over the last 3 years, every ₹100 of reported profit came with ₹161 of operating cash.
Higher than 86% of Technology companies in India.
Self-Funding Ratio
8.8×Over the last 3 years its own operating cash covered its investment spending (capex) 8.8 times.
Higher than 79% of Technology companies in India.
Cash Locked Ratio
−₹1Money owed to suppliers is larger than money owed by customers plus stock: ₹1 per ₹100 of sales comes from others' credit, against ₹2 tied up three years earlier.
Less money tied up than 87% of Technology companies in India.
Growth quality
Steadiness Ratio
2/3 · 2/3Sales grew in 2 of the last 3 years; profit grew in 2 of 3.
Less steady than 74% of Technology companies in India.
Growth Efficiency Ratio
−₹1Sales grew 7% in 3 years, but profit fell: ₹1 less profit per ₹100 of extra sales.
Lower than 82% of Technology companies in India.
Asset Productivity Ratio
+7% / +7%In 3 years sales changed by +7% while total assets changed by +7%. Both moved at about the same pace.
Balance-sheet strength
Debt Due Cover Ratio
88.7×Debt due within a year is covered 88.7 times by its yearly operating cash.
Higher than 93% of Technology companies in India.
Cash Cushion Ratio
+4%Cash, after subtracting all debt, equals 4% of its market value (net cash).
Higher than 65% of Technology companies in India.
Tangible Assets Ratio
79%Of every ₹100 the company owns, ₹79 is in tangible assets such as plants, cash, stock and receivables; the rest is goodwill and other intangibles.
Less tangible than 74% of Technology companies in India.
Tangible Net Worth Ratio
65%Of every ₹100 of net worth, ₹65 is tangible; the rest is goodwill and other intangibles, often from buying other companies.
Less tangible than 75% of Technology companies in India.
Shareholders
Standard fundamentals
P/E, P/B, ROE, debt, growth and more (14)
Tech Mahindra Limited owes ₹0.39 for every ₹1 it owns. Net profit rose 13% in the year to Mar 2026, and shrank 0% a year on average over 3 years.
Compared with Technology companies in India · latest annual results Mar 2026.
P/E ratio
31.6Investors pay ₹31.6 for every ₹1 of Tech Mahindra Limited's yearly profit, higher than 61% of Technology companies in India.
P/B ratio
5.47The share price is 5.47 times Tech Mahindra Limited's book value per share, higher than 70% of Technology companies in India.
Market cap
₹162,044 CrThe total market value of all of Tech Mahindra Limited's shares at today's price (share price × number of shares), larger than 97% of Technology companies in India. PosiCap size class: Tito Cap.
Net worth (book value)
₹29,615 CrWhat Tech Mahindra Limited would have left on paper if it sold everything it owns and paid everything it owes, from its latest balance sheet (31 Mar 2026).
Book value per share
₹334.29Net worth divided by the number of shares. The share price of ₹1,829 is 5.5 times this, which is the P/B above.
Return on equity (ROE)
17.3%Tech Mahindra Limited earned 17.3% on its shareholders' money over the last year, higher than 69% of Technology companies in India.
Owes vs Owns
0.39×Tech Mahindra Limited owes ₹0.39 for every ₹1 it owns (low), higher than 54% of Technology companies in India.
Dividend yield
3.37%Tech Mahindra Limited pays 3.37% of its share price as dividends a year, higher than 89% of dividend-paying Technology companies in India.
Revenue growth
+7%Revenue rose 7% in the year to Mar 2026, and grew 2% a year on average over 3 years.
Profit growth
+13%Net profit rose 13% in the year to Mar 2026, and shrank 0% a year on average over 3 years.
Profit margin
8.5%Tech Mahindra Limited keeps ₹8 of every ₹100 of revenue as net profit.
Cash quality
1.3×Cash from Tech Mahindra Limited's business was 1.3× its reported profit in the year to Mar 2026 — its profit turned into cash.
Interest cover
21.9×Tech Mahindra Limited's operating profit covered its interest costs 21.9 times in the year to Mar 2026.
Cash vs debt
Net cashTech Mahindra Limited held ₹6,239 Cr more cash than debt (net cash) at Mar 2026.
Questions
What is Tech Mahindra Limited's P/E ratio?
Investors pay ₹31.6 for every ₹1 of Tech Mahindra Limited's yearly profit, higher than 61% of Technology companies in India.
How is P/B calculated on PositoAI?
P/B is market cap divided by net worth from the latest balance sheet. For Tech Mahindra Limited: ₹162,044 Cr ÷ ₹29,615 Cr (31 Mar 2026) = 5.5.
What is Tech Mahindra Limited's return on equity?
Tech Mahindra Limited earned 17.3% on its shareholders' money over the last year, higher than 69% of Technology companies in India.
How much does Tech Mahindra Limited owe compared with what it owns?
Tech Mahindra Limited owes ₹0.39 for every ₹1 it owns (low), higher than 54% of Technology companies in India.
Does Tech Mahindra Limited pay a dividend?
Yes. Tech Mahindra Limited pays 3.37% of its share price as dividends a year, higher than 89% of dividend-paying Technology companies in India.
Is Tech Mahindra Limited's revenue growing?
Revenue rose 7% in the year to Mar 2026, and grew 2% a year on average over 3 years.
Figures from the company's yearly results and PositoAI's own data. Full tables are on the Go Deep tab. What each figure means. PositoAI is for research and education only and is not investment advice.