Tech Mahindra Ltd is a leading global provider of technology consulting and digital solutions to enterprises across industries, enabling transformative scale at unparalleled speed. The company has a market capitalization of ₹1,62,078 Crore (as of the latest available data), making it one of India's prominent IT services companies. With 150,000+ professionals across 90+ countries helping 1100+ clients, Tech Mahindra provides a full spectrum of services including consulting, information technology, enterprise applications, business process services, engineering services, network services, customer experience & design, AI & analytics, and cloud & infrastructure services.
Tech Mahindra was established in 1986 when Mahindra & Mahindra started a joint venture with British Telecom and was initially named Mahindra British Telecom (MBT). After the Satyam scandal in 2009, Tech Mahindra emerged as a top bidder and acquired a controlling stake in Satyam, which significantly expanded its scale and capabilities in the IT services sector.
Tech Mahindra operates across multiple industry verticals and offers comprehensive technology solutions. The company's expertise spans 13 industries, from banking, insurance, telecommunications, media, entertainment, distribution, retail, to many more. The company's service portfolio encompasses a wide range of offerings designed to help enterprises navigate digital transformation.
Tech Mahindra creates solutions for communication service providers (CSPs), telecom equipment manufacturers (TEMs), and independent software vendors (ISVs), and is the chosen transformation partner for several leading wirelines, wireless, and broadband operators worldwide. In the banking and financial services sector, Tech Mahindra enables banking and financial services companies to innovate their retail banking, lending and leasing, cards and payments, asset and wealth management, investment banks, and stock exchanges, helping clients offer better products, services, and superior customer experiences.
The company has established itself as a leader in artificial intelligence and digital transformation. Tech Mahindra announced the launch of its new AI strategy, 'AI Delivered Right', to drive responsible, practical, and scalable adoption of AI across industries globally. The strategy is rooted in the company's expertise in delivering transformative AI outcomes, including the successful creation and open-sourcing of India's first foundational large language model (LLM), Project Indus.
Tech Mahindra has demonstrated strong financial performance in recent quarters. For the full year FY25, consolidated PAT soared 80% YoY to ₹4,252 Crore, while revenues were up 2% YoY to ₹54,988 Crore in FY25 over FY24. Tech Mahindra's FY25 saw a 79.9% rise in EPS to ₹43.43, driven by margin recovery despite weak revenue growth, with operating margins improving to 13%.
Key financial metrics as of March 2025:
* The company's board recommended a final dividend of ₹30 per equity share for FY25, in addition to the interim dividend of ₹15 per equity share in November 2024, making the total dividend for FY 2024-25 ₹45 per equity share.
* Cash and cash equivalents were at ₹7,655.6 Crore as of March 31, 2025.
* Tech Mahindra reported net new deal wins amounting to $2.7 billion, reflecting a 42% year-on-year increase.
Tech Mahindra is at the forefront of emerging technologies and has established itself as a leader in AI and digital transformation. All the Tech Mahindra products and services are focused on leveraging next-generation technologies like 5G, Metaverse, Blockchain, Quantum Computing, Cybersecurity, Artificial Intelligence, Data Analytics, Internet of Things (IoT), and more to enable end-to-end digital transformation.
Tech Mahindra announced a new Multi-Modal Network Operations Large Language Model for Telcos, developed using the NVIDIA AI Enterprise software and AWS Cloud infrastructure, based on Llama 3.1 8b instruct model and heavily customized for telecom networks. The company has signed a multi-year Strategic Collaboration Agreement (SCA) with Amazon Web Services (AWS) to develop an Autonomous Networks Operations Platform (ANOP) designed for Communication Service Providers (CSPs) and enterprise customers, built on artificial intelligence (AI), machine learning (ML), and generative AI (GenAI) services powered by AWS.
Tech Mahindra's total headcount was at 148,731 as of the latest quarter, registering de-growth of 2.5% QoQ and up 2.9% YoY. The last twelve months (LTM) IT attrition rate for Q4 FY25 was 11.8%, indicating relatively stable workforce retention in the competitive IT services industry.
Promoter holding in Tech Mahindra Ltd stands at 35.0% as of March 2025. Tech Mahindra is the first Indian company in the world to have been awarded the Sustainable Markets Initiative's Terra Carta Seal, which recognizes global companies that are actively leading the charge to create a climate and nature-positive future. Tech Mahindra is part of the Mahindra Group, founded in 1945, one of the largest and most admired multinational federation of companies.
Tech Mahindra CSR activities are undertaken by the Tech Mahindra Foundation (TMF), operating across 11 locations in India. Since 2006, TMF has been working with the focused vision of "Empowerment through Education", supporting and implementing a number of high-impact programs at major Indian cities, with the Foundation's commitment to education and inclusion aligning closely with the Mahindra Group's brand pillar of "Rise for a More Equal World".
