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Tech Mahindra Limited strategy deck summary

NSE: TECHM · BSE: 532755

Strategy deck of 20 Nov 2025, summarised by AI from the filing.

Turnaround to be completed by FY27, with stabilization phase underway.

Key takeaways

  1. Change Turnaround to be completed by FY27, with stabilization phase underway.
  2. Driver Growth strategy focuses on prioritized markets, verticals and large deals, with large deal wins up 57% on LTM y-o-y.

Original filing on BSE

Tech Mahindra Limited Q1 FY27 results

As filed: Revenue ₹15,712 cr (+18% year on year), EBITDA ₹2,743 cr (+42% year on year), PAT ₹1,486 cr (+32% year on year), EBITDA margin 17.5% (+295 bps).

The Q1 FY27 score, against the company's own trend, is for premium members.

Earlier results and the share price after them

  • Q4 FY26: Revenue ₹15,076 cr (+13% year on year), EBITDA ₹2,565 cr (+39% year on year), PAT ₹1,356 cr (+19% year on year), EBITDA margin 17.0% (+328 bps). Score 60 of 100, In line with trend. Revenue growth was well above the company's own trend; EBITDA growth was in line with it; profit growth was below it. EBITDA margin rose 328 bps year on year. Consolidated profit +19% but standalone -24%. Profit lagged EBITDA because of depreciation, interest or other income, not the business. Share price after the results: −5.2% in 30 days (Nifty 500: −1.7%).
  • Q3 FY26: Revenue ₹14,393 cr (+8% year on year), EBITDA ₹2,366 cr (+31% year on year), PAT ₹1,119 cr (+38% year on year), EBITDA margin 16.4% (+283 bps). Score 64 of 100, In line with trend. Revenue growth was well above the company's own trend; EBITDA and profit before exceptional items growth were in line with it. EBITDA margin rose 283 bps year on year. Share price after the results: −6.8% in 28 days (Nifty 500: −0.7%).
  • Q2 FY26: Revenue ₹13,995 cr (+5% year on year), EBITDA ₹2,168 cr (+24% year on year), PAT ₹1,202 cr (−4% year on year), EBITDA margin 15.5% (+235 bps). Score 56 of 100, In line with trend. Revenue growth was well above the company's own trend; EBITDA growth was in line with it; profit growth was below it. EBITDA margin rose 235 bps year on year. Share price after the results: −1.1% in 30 days (Nifty 500: +2.7%).
  • Q1 FY26: Revenue ₹13,351 cr (+3% year on year), EBITDA ₹1,936 cr (+24% year on year), PAT ₹1,129 cr (+31% year on year), EBITDA margin 14.5% (+247 bps). Score 70 of 100, Above trend. Revenue growth was above the company's own trend; EBITDA and profit growth were in line with it. EBITDA margin rose 247 bps year on year. Profit rose ₹264 cr on a year ago, more than the ₹161 cr it added the year before. Share price after the results: −7.5% in 29 days (Nifty 500: −3.4%).
  • Q4 FY25: Revenue ₹13,384 cr (+4% year on year), EBITDA ₹1,839 cr (+67% year on year), PAT ₹1,142 cr (+72% year on year), EBITDA margin 13.7% (+520 bps). Score 68 of 100, Above trend. Revenue, EBITDA and profit growth were above the company's own trend. EBITDA margin rose 520 bps year on year. Share price after the results: +9.3% in 29 days (Nifty 500: +2.7%).
  • Q3 FY25: Revenue ₹13,286 cr (+1% year on year), EBITDA ₹1,808 cr (+58% year on year), PAT ₹989 cr (+89% year on year), EBITDA margin 13.6% (+486 bps). Score 65 of 100, Above trend. Revenue growth was in line with the company's own trend; EBITDA and profit growth were above it. EBITDA margin rose 486 bps year on year. Profit fell 21% from last quarter.
  • Q2 FY25: Revenue ₹13,313 cr (+3% year on year), EBITDA ₹1,749 cr (+89% year on year), PAT ₹1,257 cr (+149% year on year), EBITDA margin 13.1% (+595 bps). Score 69 of 100, Above trend. EBITDA margin rose 595 bps year on year. Other income 30% of PBT. Not enough history for a trend yet: scored on growth alone.

Past price moves after results do not indicate future moves. Not a recommendation.

Tech Mahindra Limited earnings call, investor presentation and press release summaries

Figures from the company's filings with NSE and BSE. Not investment advice.