NSE: TECHM | BSE: 532755

Mid-range Performer

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1612.00 4.30 (0.27%)

33.29% Gain from 52W Low

660.8K NSE+BSE Volume

NSE 02 Jan, 2026 3:31 PM (IST)

157,931.1

Market Cap

High in industry

Beta 1Year

High Volatility

Tech Mahindra Ltd. share price target and research reports

Latest analyst research reports with target prices and PDF download for TECHM, BSE:532755 Tech Mahindra Ltd.

Tech Mahindra Ltd.

17 Jul 2025

1612.00

0.27%

Result Update:Tech Mahindra

Buy: Tech Mahindra Ltd.

Target

Axis Direct

We resume our coverage with a BUY rating on the stock.

Tech Mahindra Ltd. has an average target of 1718.73 from 11 brokers.

Tech Mahindra Ltd.

17 Jul 2025

1612.00

0.27%

Tech Mahindra: Q1FY26 Result Review

Buy: Tech Mahindra Ltd.

Target

IDBI Capital

Tech Mahindra's Q1 FY26 results demonstrate solid progress in its ongoing turnaround, driven by strong execution, margin improvement, and healthy deal momentum. Revenue increased 0.3%YoY to USD 1,564mn, with EBIT margin expanding for the seventh consecutive quarter to 11.1%. Profit after tax surged 34% YoY, reflecting operational discipline and cost efficiency. The company won USD 809mn in new deals, up 51% YoY, showing strong growth in BFSI, retail, and telecom verticals. Structural changes like centralizing delivery, integrating the SAP platform, and implementing shared services have boosted efficiency, while...

Tech Mahindra Ltd. has an average target of 1718.73 from 11 brokers.

Tech Mahindra Ltd.

17 Jul 2025

1612.00

0.27%

Tech Mahindra (TECHM IN) Q1FY26 Result Update Improving...

Sell: Tech Mahindra Ltd.

Recommendation Target

Prabhudas Lilladhar

remains in a bright spot with a steady recovery in Telco despite the negative seasonality in Comviva. Automotive within Manufacturing remains a Considering the Q1 weakness, the ask-rate for the rest of the year to achieve flat FY26 CC growth is ~0.8% CQGR, which we believe is a little challenging, given the underlying macro uncertainties. Although Communication has improved, it is difficult to draw a trend, given the conversion on deal TCV also tends to be slower than anticipated. However, we believe the cost optimization efforts would continue at a similar pace of FY25 with continued efforts to...

Number of FII/FPI investors decreased from 1103 to 1048 in Sep 2025 qtr

Tech Mahindra Ltd.

16 Jul 2025

1612.00

0.27%

A step in the right direction

Buy: Tech Mahindra Ltd.

Target

Motilal Oswal

Tech Mahindra (TECHM) reported 1QFY26 revenue of USD1.6b, down 1.4% QoQ in constant currency (CC) vs. our estimate of 1.0% cc decline.

Tech Mahindra Ltd. is trading above all available SMAs

Tech Mahindra Ltd.

16 Jul 2025

1612.00

0.27%

Decent Quarter, consistent improvement in margin trajectory

Buy: Tech Mahindra Ltd.

Target

Sharekhan

Tech Mahindra’s (TechM’s) reported revenues stood at $1,564 million, up 1% q-o-q/0.4% y-o-y in-line with our estimate. In CC terms, revenue declined 1.4% q-o-q, missing our estimate of 0.7% decline.

Number of FII/FPI investors decreased from 1103 to 1048 in Sep 2025 qtr

Tech Mahindra Ltd.

20 May 2025

1612.00

0.27%

TECH MAHINDRA LTD

Buy: Tech Mahindra Ltd.

Recommendation Target

Geojit BNP Paribas

In Q4FY25, revenue increased 4.0% YoY to Rs. 13,384cr, driven by robust growth in the European markets (+5.1% YoY). Rest of the world rose 4.8% YoY, led by growth in the Asia-Pacific Japan region, while North America experienced a decline of 4.7%...

Number of FII/FPI investors decreased from 1103 to 1048 in Sep 2025 qtr

Tech Mahindra Ltd.

05 May 2025, 12:00AM

1612.00

0.27%

Tech Mahindra

Buy: Tech Mahindra Ltd.

Target

ICICI Direct

Tech Mahindra Ltd. is trading above all available SMAs

Tech Mahindra Ltd.

25 Apr 2025

1612.00

0.27%

Mixed Quarter, Steady progress towards FY27 goals

Buy: Tech Mahindra Ltd.

Target

Sharekhan

Tech Mahindra’s (TechM’s) reported revenue stood at $1,549 million, down 1.5% q-o-q in CC terms, missing our estimate of 0.6% q-o-q decline in CC terms, driven by weakness in Hi-Tech, Healthcare & Lifesciences, Retail and Others.

Number of FII/FPI investors decreased from 1103 to 1048 in Sep 2025 qtr

Tech Mahindra Ltd.

25 Apr 2025

1612.00

0.27%

Tech Mahindra (TECHM IN) Q4FY25 Result Update Near-term...

Accumulate: Tech Mahindra Ltd.

Target

Prabhudas Lilladhar

Deal wins remain robust at USD 798 mn in Q4 The performance on the topline (-1.5% CC QoQ) was below our estimates (+0.3% CC QoQ), while the execution on margins was strong, exceeding our expectations by 30bps QoQ. The decline in revenue was led by unanticipated delays in renewals within Hi-Tech, which partly supported by strong momentum in BFSI (+2.5% QoQ). The management demonstrated one-year milestone of stabilizing growth and scaling profitability, while showcasing the additional efforts that need to be put in FY26 to achieve the FY27 goal. The...

Number of FII/FPI investors decreased from 1103 to 1048 in Sep 2025 qtr

Tech Mahindra Ltd.

25 Apr 2025

1612.00

0.27%

Turnaround efforts on track; results could be slower due to tough macro

Sell: Tech Mahindra Ltd.

Recommendation Target

ICICI Securities Limited

TechM’s turnaround efforts are yielding results with its BFSI portfolio strengthening, large logo additions, a stronger deal TCV run-rate and improvement in margins. Strong new deal TCV growth of 42.6% YoY provides some comfort on FY26 growth outlook.

Tech Mahindra Ltd. is trading above all available SMAs

Is Tech Mahindra Ltd. worth buying?

974 Votes:

Buy 77.62%

Sell 10.78%

Hold 11.6%

RESEARCH REPORTS

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