TECH MAHINDRA chart

Last update: 2022-06-03
Key statistics and financials
Revenue per share 507.89
Dividend & Yield15.00₹ (1.34%)
Beta 0.76
Market capitalization 1.13T
Operating cash flow 52.85B
ESG Scores 12.9

Company description

Tech Mahindra Limited provides information technology (IT) services and solutions in the Americas, Europe, India, and internationally. The company operates through IT Business and Business Processing Outsourcing (BPO) segments. It offers IT outsourcing, consulting, application outsourcing, network, infrastructure outsourcing, integrated engineering, BPO, platform, and mobile value added services. The company also provides consulting-led integrated portfolio services to telecom equipment manufacturers and service providers, IT infrastructure service providers, and business process outsourcing service providers; and IT and IT-enabled enterprise solutions. In addition, it offers IT enabled, application development and maintenance, consulting and enterprise business solutions, extended engineering solutions, and infrastructure management services. Further, the company provides data and analytics; IT infrastructure and cloud services; customer experience solutions; enterprise platforms; and enterprise business solutions. Additionally, it offers testing, telecom product engineering, digital supply chain, performance engineering, and cyber security services. The company serves communication; banking, financial, and insurance services; energy and utilities; media and entertainment; health life sciences; hi-tech; professional services; manufacturing; retail and consumer goods; travel, transportation, hospitality, and logistics; oil and gas; and public and government sectors. Tech Mahindra Limited was incorporated in 1986 and is based in Pune, India.

Sector: Technology - Industry: Information Technology Services

Financial Ratios
Quick Ratio1.95
Working Capital0.47
Return On Equity0.21
Debt To Equity0.01
Fixed Asset Ratio0.11
Fixed Interest Cover39.97

Financial data

Financial Statements

Cashflow Statement 2019-03-31 2020-03-31 2021-03-31 2022-03-31
Change To Liabilities 5.62B 22.71B -4.94B 13.56B
Total Cashflows From Investing Activities -21.16B 10.29B -54.5B 4.82B
Net Borrowings -4.5B -444M -11.74B -6.8B
Total Cash From Financing Activities -22.51B -44.66B -29.87B -46.67B
Change To Operating Activities -13.59B -13.59B 5.08B 1.05B
Issuance Of Stock 359M 468M 569M 868M
Net Income 42.98B 40.33B 44.28B 55.66B
Change In Cash 766M 9.74B -3.26B 10.98B
Effect Of Exchange Rate 122M 528M 169M -17M
Total Cash From Operating Activities 44.32B 43.58B 80.94B 52.85B
Depreciation 9.97B 13.32B 13.56B 15.2B
Change To Account Receivables -16.19B -14.34B 15.49B -28.95B
Other Cashflows From Financing Activities -1.35B -1.88B -1.1B -924M
Change To Netincome 626M -5.99B 6.45B -3.67B
Capital Expenditures -8.05B -8.45B -6.66B -9.58B

Income Statement 2019-03-31 2020-03-31 2021-03-31 2022-03-31
Research Development
Income Before Tax 55.43B 50.58B 59.53B 74.52B
Net Income 42.98B 40.33B 44.28B 55.66B
Selling General Administrative 5.95B 3.48B 1.8B
Gross Profit 125.28B 126.17B 135.84B 154.03B
Ebit 52.37B 43.2B 54.3B 65B
Operating Income 52.37B 43.2B 54.3B 65B
Interest Expense -1.12B -1.54B -1.47B -1.63B
Income Tax Expense 12.54B 11.6B 16B 18.22B
Total Revenue 347.42B 368.68B 378.55B 446.46B
Cost Of Revenue 222.15B 242.51B 242.72B 292.43B
Total Other Income ExpenseNet 3.06B 7.38B 5.23B 9.53B
Net Income From Continuing Ops 42.89B 38.97B 43.53B 56.3B
Net Income Applicable To Common Shares 42.98B 40.33B 44.28B 55.66B

Balance Sheet Statement 2019-03-31 2020-03-31 2021-03-31 2022-03-31
Total Liabilities 126.85B 151.47B 144.34B 174.9B
Total Stockholder Equity 202.84B 218.13B 248.65B 268.86B
Other Current Liabilities 47.8B 35.91B 37.24B 66.54B
Total Assets 334.47B 373.54B 396.78B 448.71B
Common Stock 4.92B 4.83B 4.84B 4.39B
Other Current Assets 22.17B 20.86B 19.54B 40.71B
Retained Earnings 182.56B 196.92B 221.5B
Treasury Stock 7.75B 7.18B 11.74B 264.47B
Cash 20.43B 30.17B 26.9B 39.74B
Total Current Liabilities 103.31B 109.26B 102.78B 125.05B
Other Stockholder Equity 8.23B 7.65B 12.21B 264.47B
Property, Plant, and Equipment 28.99B 38.84B 35.89B 37.85B
Total Current Assets 215.66B 231.72B 252.55B 244.56B
Net Tangible Assets 160.17B 169.19B 194.06B 158.01B
Net Receivables 101.91B 117.24B 100.8B 119.33B
Accounts Payable 24.89B 32.57B 27.85B 40.95B


Insider Transactions

Here are the insider transactions of stock shares related to TECH MAHINDRA:

Filer Name Transaction Text Ownership Date Filer Relation Shares
BT Group PlcSold at price 13.98 per share.D2012-08-3017.99M

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to TECH MAHINDRA. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on TECH MAHINDRA

Here is the result of two systematic investment strategies applied to TECH MAHINDRA. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on TECH MAHINDRA

The following chart shows the equity curve of the two systematic investment strategies applied to TECH MAHINDRA:

TECH MAHINDRA automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 23.99% on the backtest period.

Performance at glance

Performance

23.99 %

Latent gain

2188.4 ₹

Invested capital

9120.6 ₹

Annualized return

5.71 %
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Momentum strategy results on TECH MAHINDRA

This is the result of two momentum investment strategies applied to TECH MAHINDRA. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on TECH MAHINDRA

The following chart shows all the entries opened by the momentum investment system on TECH MAHINDRA:

TECH MAHINDRA momentum entries
  • The first momentum investment strategy would give 44.72% of return on TECH MAHINDRA. That represents 4193.55₹ of latent gain with 9377.25₹ of employed capital.
  • The second momentum investment strategy would give 46.28% of return on TECH MAHINDRA. That represents 3219.95₹ of latent gain with 6958.15₹ of employed capital.
Performance at glance (1Q Momentum)

Performance

44.72 %

Latent gain

4193.55 ₹

Invested capital

9377.25 ₹

Annualized return

10.49 %
Performance at glance (2Q Momentum)

Performance

46.28 %

Latent gain

3219.95 ₹

Invested capital

6958.15 ₹

Annualized return

12.44 %

Momentum equity curve on TECH MAHINDRA

The following chart shows the equity curve of the two momentum strategies applied to TECH MAHINDRA:

TECH MAHINDRA momentum equity

Note: the dividends potentially given by TECH MAHINDRA are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on TECH MAHINDRA

The following chart shows the employed capital evolution of the two momentum strategies on TECH MAHINDRA since the beginning:

TECH MAHINDRA

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250₹, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000₹.


Buy the dip strategy result on TECH MAHINDRA

Buy the dip entry openings on TECH MAHINDRA

TECH MAHINDRA

The performance achieved by the robo-advisor on TECH MAHINDRA is 23.08%. That represents 212.05$ of latent gain with 918.85₹ of employed capital. The following chart shows TECH MAHINDRA stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of TECH MAHINDRA, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

23.08 %

Latent gain

212.05 ₹

Invested capital

918.85 ₹

Annualized return

10.49 %

Equity curve of the strategy applied to TECH MAHINDRA

The following chart shows the result of the investment strategy applied to TECH MAHINDRA:

TECH MAHINDRA

Note: the dividends potentially given by TECH MAHINDRA are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on TECH MAHINDRA

The following chart shows the employed capital evolution since the beginning of the investment strategy on TECH MAHINDRA:

TECH MAHINDRA

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on TECH MAHINDRA

In this section, I will compare the three previous investment strategies applied to TECH MAHINDRA.

Equity curve comparison on TECH MAHINDRA

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

TECH MAHINDRA investment strategy comparison

Employed capital comparison on TECH MAHINDRA

TECH MAHINDRA investment comparison

Performance comparison on TECH MAHINDRA

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 23.99% 2188.4₹ 9120.6₹ 5.71%
Momentum 1 quarter 44.72% 4193.55₹ 9377.25₹ 11.29%
Momentum 2 quarters 46.28% 3219.95₹ 6958.15₹ 12.44%
Non-directional 23.08% 212.05₹ 918.85₹ 10.49%
Annualized return comparison

Automatic investment

5.71 %

Momentum 1Q

12.44 %

Momentum 2Q

12.44 %

Non-directional

10.49 %

Correlated stocks

Here are the most positively and negatively correlated stocks with TECH MAHINDRA:

Positive correlations

Most correlated stocks this year


Most correlated stocks last 3 months

Negative correlation

Most negatively correlated stocks this year


Most negatively correlated stocks last 3 months

Note: The algorithm computes the probability of correlation between TECH MAHINDRA and the other stocks. There may be false positives or some missing correlated stocks. If the price of TECH MAHINDRA does not vary for 36 weeks, the correlation calculation result will be wrong.


Company information

Company name TECH MAHINDRA
Country India
City Pune
Address Plot No. 1, Phase III
Phone 91 20 4225 0000
Website www.techmahindra.com
FullTime employees 151173
Industry Information Technology Services
Sector Technology
Exchange XNSE
Ticker TECHM.XNSE
Market

TECH MAHINDRA ESG Scores

Environment scores

Environment ESG Factors Scores
Environment Score 0.5
Peer Environment Performance 1.4834615384615
Environment Percentile unknown
Palm Oil no
Nuclear no
Fur Leather no
GMO no
Coal no
Pesticides no
Animal Testing no

Social scores

Social ESG Factors Scores
Social Score 7.0
Peer Social Performance 9.6846153846154
Social Percentile unknown
Highest Controversy 1
Peer Highest Controversy Performance 1.5660377358491
Adult no
Gambling no
Alcoholic no
Tobacco no
Catholic no
Controversial Weapons no
Small Arms no
Military Contract no
Peer Count yes

Related Controversy: Employee IncidentsSociety & Community IncidentsBusiness Ethics Incidents


Governance scores

Governance ESG Factors Scores
Governance Score 5.4
Peer Governance Performance 6.8896153846154
Governance Percentile unknown

ESG at glance
Total ESG Scores: 12.9
Environment Score: 0.5
Social Score: 7.0
Governance Score: 5.4

ESG Performance: UNDER_PERF

Peer Group: Software & Services

Peer Esg Score Performance: 18.05320754717

Rating Year: 2022

Rating Month: 5

Max Age: 86400

Percentile: 6