Tech Mahindra share price target: A part of the Mahindra Group, a constituent of the BSE Sensex, Tech Mahindra Ltd is in focus as brokerages shared a mixed stance on the Anand Mahindra-led company. Tech Mahindra reported a 16 per cent year-on-year increase in its consolidated profit after tax (PAT) to Rs 1,354 crore for the January-March quarter. The company’s revenue from operations rose 13 per cent YoY to Rs 15,076 crore. Sequentially, the PAT increased 20.7 per cent while the revenue rose 4.7 per cent.
The brokerage firm, Citi, maintained a sell rating on Tech Mahindra Ltd with a target price of Rs 1,275. Here’s why:
• Total headcount at 147,623; down 1,108 YoY
• LTM IT attrition at 12.1%
• Days of Sales Outstanding: 89 days
• Cash and Cash Equivalent at the end of the quarter: Rs 8,456 crores
Tech Mahindra Q4 results 2026: Financial highlights for the year (₹)
- Revenue Rs 56,815 crore, up 7.2% YoY
- EBIT Rs 7,152 crore, up 39.2% YoY
- Profit After Tax (PAT) Rs 4,811 crore, up 13.2% YoY
- Tech Mahindra Q4 results 2026: Financial highlights for the year (USD)
- Revenue USD 6,385 Mn – up 1.9% YoY in reported terms; up 0.6 % YoY in constant currency terms
- EBIT $ 797 Mn, up 31.4% YoY
- EBIT margin 12.6%, up 290 bps YoY
- PAT $ 537 Mn, up 7.0% YoY
- Free cash flow USD 616 Mn
New deal wins TCV USD $3,794 Mn, up 41.6% YoY
Tech Mahindra Q4 results 2026: Financial highlights for the quarter (USD)
(Disclaimer: The above article is meant for informational purposes only, and should not be considered as any investment advice. ET NOW DIGITAL suggests its readers/audience to consult their financial advisors before making any money related decisions.)
