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10 Jul 2025 |
Tech Mahindra
|
Consensus Share Price Target
|
1596.00 |
1590.29 |
- |
-0.36 |
hold
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20 May 2025
|
Tech Mahindra
|
Geojit BNP Paribas
|
1596.00
|
1790.00
|
1576.00
(1.27%)
|
12.16 |
Buy
|
|
|
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%...
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05 May 2025
|
Tech Mahindra
|
ICICI Direct
|
1596.00
|
1730.00
|
1494.60
(6.78%)
|
Target met |
Buy
|
|
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25 Apr 2025
|
Tech Mahindra
|
Prabhudas Lilladhar
|
1596.00
|
1530.00
|
1462.00
(9.17%)
|
Target met |
Accumulate
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|
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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...
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25 Apr 2025
|
Tech Mahindra
|
Sharekhan
|
1596.00
|
1650.00
|
1462.00
(9.17%)
|
Target met |
Buy
|
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|
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.
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25 Apr 2025
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Tech Mahindra
|
ICICI Securities Limited
|
1596.00
|
1250.00
|
1462.00
(9.17%)
|
21.68 |
Sell
|
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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.
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25 Apr 2025
|
Tech Mahindra
|
IDBI Capital
|
1596.00
|
1678.00
|
1462.00
(9.17%)
|
Target met |
Buy
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24 Apr 2025
|
Tech Mahindra
|
Motilal Oswal
|
1596.00
|
1950.00
|
1445.20
(10.43%)
|
22.18 |
Buy
|
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|
Tech Mahindra (TECHM) reported 4QFY25 revenue of USD1.5b, down 1.5% QoQ in constant currency (CC) vs. our estimate of 0.8% cc decline. BFSI/Communications grew 2.4%/1.0% QoQ, while Healthcare/Hi-tech and Media declined 5.6%/8.2% QoQ. EBIT margin was up 40bp QoQ at 10.5%, beating our estimate of 10.3%.
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19 Jan 2025
|
Tech Mahindra
|
IDBI Capital
|
1596.00
|
1778.00
|
1674.60
(-4.69%)
|
11.40 |
Hold
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18 Jan 2025
|
Tech Mahindra
|
BOB Capital Markets Ltd.
|
1596.00
|
1949.00
|
1660.30
(-3.87%)
|
22.12 |
Buy
|
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3QFY25 was better than expected in terms of revenue and especially on margins. The latter despite large currency headwinds and investments
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17 Jan 2025
|
Tech Mahindra
|
Motilal Oswal
|
1596.00
|
1850.00
|
1660.30
(-3.87%)
|
15.91 |
Neutral
|
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|
Tech Mahindra (TECHM) reported 3QFY25 revenue of USD1.5b, up 1.2% QoQ in constant currency (CC) vs. our estimate of flat CC growth. Healthcare/BFSI led the growth (+4.5%/2.7% QoQ CC), while Communications and Technology were muted on CC basis.
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17 Jan 2025
|
Tech Mahindra
|
Sharekhan
|
1596.00
|
1950.00
|
1660.30
(-3.87%)
|
22.18 |
Buy
|
|
|
For Q3FY25, Tech Mahindra’s (Tech M) reported revenue stood at $1,568 million, up 1.2% q-o q/1.3% y-o-y, in constant currency (CC) terms, beating our modest estimate of 0.3% q-o-q growth in CC terms, led by healthy revenue growth in Communications, BFSI, and Healthcare & Life sciences.
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27 Nov 2024
|
Tech Mahindra
|
Geojit BNP Paribas
|
1596.00
|
1879.00
|
1756.80
(-9.15%)
|
17.73 |
Hold
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21 Oct 2024
|
Tech Mahindra
|
Axis Direct
|
1596.00
|
1850.00
|
1701.20
(-6.18%)
|
15.91 |
Buy
|
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we recommend a BUY rating on the stock.
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21 Oct 2024
|
Tech Mahindra
|
ICICI Direct
|
1596.00
|
2000.00
|
1701.20
(-6.18%)
|
25.31 |
Buy
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20 Oct 2024
|
Tech Mahindra
|
Prabhudas Lilladhar
|
1596.00
|
1790.00
|
1687.90
(-5.44%)
|
Target met |
Accumulate
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20 Oct 2024
|
Tech Mahindra
|
Motilal Oswal
|
1596.00
|
1700.00
|
1687.90
(-5.44%)
|
Target met |
Neutral
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Tech Mahindra (TECHM) reported 2QFY25 revenue of USD1.6b, up 0.7% QoQ in constant currency (CC) vs. our estimate of 0.2% QoQ CC. The growth was driven by Retail/Technology (up 5.6%/5.7% sequentially).
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19 Oct 2024
|
Tech Mahindra
|
BOB Capital Markets Ltd.
|
1596.00
|
|
1687.90
(-5.44%)
|
|
Not Rated
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A beat on revenue, margins and TCV against low expectations. Steadily moving to achieve its FY27 targets. Momentum to continue in 2H.
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18 Oct 2024
|
Tech Mahindra
|
Sharekhan
|
1596.00
|
1950.00
|
1687.90
(-5.44%)
|
22.18 |
Buy
|
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Revenues stood at $1,589 million, up 0.7% q-o-q/ 1.2% y-o-y in CC terms, beating our estimates of $ 1,577 million.
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07 Aug 2024
|
Tech Mahindra
|
Geojit BNP Paribas
|
1596.00
|
1645.00
|
1473.65
(8.30%)
|
Target met |
Buy
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26 Jul 2024
|
Tech Mahindra
|
Axis Direct
|
1596.00
|
1685.00
|
1541.15
(3.56%)
|
Target met |
Buy
|
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We recommend a BUY rating on the stock.
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