Tech Mahindra Limited (TECHM.NS)

DCF Valuation · Technology · Information Technology Services

Valuation as at 2026-08-14 · see also the NIFTY 500 Most Undervalued screen

About Tech Mahindra Limited

Tech Mahindra Limited provides information technology services and solutions in India, the Americas, Europe, and internationally. The company offers TechM AppGinieZ, a software development lifecycle acceleration platform; Swifter.io, a software engineering platform; ADMSNXT Reforge, an application modernization platform; Autonomous Operations Center, an AI-powered operations platform; and New Age Delivery Platform for DevSecOps and engineering. It also provides LitmusT, a quality engineering and intelligent testing platform; TechM Orion, an agentic AI platform; Ops amplifAler 4.0 for IT operations; Email amplifAler for visualization and automation; SDLC amplifAler solutions; Zone insights solutions for monitoring of object movement; synthetic data generation, freightwatch solutions, cognitive process monitoring, and guardrails framework for AI; VerifAI for scaling AI; and MobiLytix for marketers.

Source: Yahoo Finance company profile · factual description, not KashVector commentary

Tech Mahindra Limited TECHM.NS

Technology · Information Technology Services

Price
₹1,619.00
Market Cap
₹1434.19B
Free Cash Flow
₹54.76B
Beta
0.60
P/E (TTM)
27.7x
52-Week Range
₹1,304.10–₹1,854.00

Tech Mahindra Limited's price & financial trends

Each card is labelled with its own reporting period — quarterly where Yahoo provides it for this market, annual otherwise.

Data as at 2026-08-14

Share price · last 2 years

₹1,619.00 -1% vs 2024-08
NIFTY 50 ₹1,636.50₹1,674.45₹1,687.00₹1,517.30₹1,473.50₹1,619.00 2024-082025-012025-062025-112026-042026-08

Earnings per share (diluted) Per quarter

₹16.50 +25% vs Q1 '25
₹13.15₹12.86₹12.64₹15.24₹16.50Q1 '25Q2 '25Q4 '25Q1 '26Q2 '26

Free cash flow Per year

₹54.76B +20% vs FY23
₹45.57B₹55.85B₹51.92B₹54.76BFY23FY24FY25FY26

Dividend per share Per year

₹45.35 -6% vs FY23
₹48.13₹44.15₹43.29₹45.35FY23FY24FY25FY26

Value investing scale · Buffett · Dalio · Graham

Strong Fit
13 / 20 combined score

4 criteria had no data

See the full Buffett, Dalio & Graham breakdown for TECHM.NS →

Intrinsic value estimate · 5-year forecast

BEAR
₹983.51
vs current ₹1,619.00
-39.3% ❌ Overvalued
BASE
₹1,652.98
vs current ₹1,619.00
+2.1% ⚠️ Fairly Valued
BULL
₹2,395.80
vs current ₹1,619.00
+48.0% ✅ Undervalued

Assumptions used in this valuation

Every input below is either fetched live from Yahoo Finance or a documented default — nothing is hidden.

Starting free cash flow
₹54.76B
Rough estimate: operating cash flow × 0.8
Risk-free rate
7.00% ● LIVE
Live 10-yr govt bond
Beta
0.60
Floored for non-US stocks
Equity risk premium
7.50%
Market-specific seed
Cost of debt
7.60%
Synthetic rating AAA, ICR 21.9x
Tax rate
25.00%
Estimated default
Capital structure
E 98% / D 2%
Market cap vs total debt
Projection horizon
5 years
+ terminal value beyond
BearBaseBull
5-yr FCF growth11.5%23.0%30.0%
Terminal growth2.5%2.5%2.5%
WACC (discount rate)12.41%11.41%10.41%

Cost of Equity = Risk-free rate + Beta × Equity Risk Premium = 7.00% + 0.60 × 7.50% = 11.50% · WACC = weighted by 98%/2% capital structure

These numbers come from running Tech Mahindra Limited's cash flows through the mechanical DCF formula and assumptions above — not from any view on the news, management, or TECHM.NS's competitive position. What is DCF?

Want to test your own growth or discount-rate assumptions?Open the full interactive calculator, pre-filled with TECHM.NS →

More NIFTY 500 stocks we've valued

Not financial advice. DCF valuations are highly sensitive to assumptions — small changes in growth rate or discount rate produce large swings in output. This is a mechanical calculation, not a recommendation to buy, hold, or sell.

About this valuation

Computed on 2026-08-14 from Yahoo Finance data, using the same engine as the full DCF tool and the NIFTY 500 Most Undervalued screen. Every figure above is a point-in-time snapshot of that date — change any assumption yourself in the interactive tool for a live one.

Frequently asked questions

Is Tech Mahindra Limited (TECHM.NS) undervalued?

The Base-case DCF estimates intrinsic value at ₹1,652.98 vs a price of ₹1,619.00 on 2026-08-14 — a +2.1% margin, so the Base case reads fairly valued. This is a mechanical output, not advice.