
Tech Mahindra Limited (TECHM.NS)
ValueMarkers Composite Index
74% below intrinsic value ($65)
Tech Mahindra Limited (TECHM.NS) — VMCI valuation read
Tech Mahindra Limited sits at VMCI 58/100, with the Technology sector median at 50. That 8-point spread is the first thing to note on TECHM.NS: it tells the reader the composite is favorable before any single ratio is examined, and the mid-cap tier sets the comparison set.
Form 4 disclosures on TECHM.NS are blank for the trailing 30 days. With the insider channel offline, the EV/EBITDA delta, free-cash-flow trajectory, and the next earnings print do the talking.
**Investor frame.** The Value read on TECHM.NS: TECHM.NS trades at 22.0x earnings, 22% above the Technology median of 18.0x, with EV/EBITDA at 13.0x against 12.0x. The Quality read: ROIC of 16.0% sits 6.0pp above the Technology median (10.0%). The Risk read: net debt to EBITDA of -1.5x leaves covenant headroom, anchoring the bear scenario on a measurable balance-sheet metric.
TECHM.NS fell 2.4% over the trailing 7 days, with a -3.8% read on a 30-day basis.
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, and platform 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, artificial intelligence, 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.
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