Tech Mahindra Limited

Global IT solutions provider offering consulting, digital transformation, engineering, and business services to clients worldwide.

1986 | Mumbai, Maharashtra (India) | Active
Last Updated: November 16, 2024

Tech Mahindra Profile

Key Indicators

  • Authorised Capital ₹ 909.30 Cr
  • Paid Up Capital ₹ 489.22 Cr
  • Company Age 38 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 617.00 Cr
  • Satisfied Charges ₹ 3,752.78 Cr
  • Revenue Growth 20.79%
  • Profit Growth -23.11%
  • Ebitda -13.05%
  • Net Worth -2.50%
  • Total Assets 2.94%

About Tech Mahindra

Tech Mahindra Limited (TML) is a leading Public Limited Indian Non-Government Company incorporated in India on 24 October 1986 and has a history of 38 years and three months. Its registered office is in Mumbai, Maharashtra, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 532755 and on the National Stock Exchange(NSE) under TECHM.

The Corporate was formerly known as Mahindra British Telecom Limited. The Company is engaged in the Information Technology Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 909.30 Cr and a paid-up capital of Rs 489.22 Cr.

The company currently has active open charges totaling ₹617.00 Cr. The company has closed loans amounting to ₹3,752.78 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Tech Mahindra Limited India are Mohit Joshi as Ceo, Rohit Anand as Cfo, and Ruchie Khanna as Company Secretary. Anand Mahindra, Haigreve Khaitan, Shikha Sharma, and Seven other members serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L64200MH1986PLC041370

  • Company No.

    041370

  • Stock Symbol

    BSE : 532755 NSE : TECHM

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    24 Oct 1986

  • Date of AGM

    26 Jul 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Mumbai

Industry

Information Technology

What products or services does Tech Mahindra Limited offer?

Tech Mahindra Limited offers a wide range of products and services, including IT, Networking & Automation Solution, IT Solutions, Computer and Networking Solutions, Networking Solutions, Software Development & IT Consultant, Content Management Service, Computer & Mobile Apps Development, Application Development Service, Corporate Finance & Leasing Advisors, Investment Service.

Who are the key members and board of directors at Tech Mahindra?

Executive Team (3)

Name Designation Appointment Date Status
Mohit Joshi CEO 18-Jan-2024 Current
Rohit Anand CFO 01-Jun-2022 Current
Ruchie Khanna Company Secretary 06-Sep-2024 Current

Board Members (9)

Name Designation Appointment Date Status
Shikha Sharma Country flag representing In Director 01-Aug-2019 Current
Neelam Dhawan Country flag representing In Director 30-May-2024 Current
Haigreve Khaitan Country flag representing In Director 01-Aug-2019 Current
Anish Shah Country flag representing Us Director 10-Sep-2019 Current
Anand Mahindra Country flag representing In Director 19-Sep-1995 Current
Tarun Bajaj Country flag representing In Director 29-May-2024 Current

Financial Performance of Tech Mahindra.

Tech Mahindra Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 20.79% increase. The company also saw a substantial fall in profitability, with a 23.11% decrease in profit. The company's net worth dipped by a decrease of 2.5%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
20.79%
Revenue from Operations
22.84%
Total Assets
2.94%
Profit or Loss
-23.11%
Net Worth
-2.50%
EBITDA
-13.05%

What is the Ownership and Shareholding Structure of Tech Mahindra?

In 2023, Tech Mahindra had a promoter holding of 35.18% and a public holding of 64.81%. The company had 11 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹617.00 Cr

Satisfied Charges

₹3,752.78 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 617.00 Cr

Latest Charge Details

Date Lender Amount Status
11 Oct 2017 State Bank Of India ₹617.00 Cr Open
23 Nov 2017 Hdfc Bank Limited ₹10.00 Cr Satisfied
29 Apr 2015 Axis Bank Limited ₹617.00 Cr Satisfied
19 Nov 2013 Kotak Mahindra Bank Limited ₹0.05 M Satisfied
03 Nov 2010 The Hongkong And Shanghai Banking Corporation Limited ₹69.70 Cr Satisfied

How Many Employees Work at Tech Mahindra?

Tech Mahindra has a workforce of 110612 employees as of Jul 02, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Tech Mahindra, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Tech Mahindra's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Tech Mahindra

Recent activity within the organization

  • Director Appointment

    Puneet Renjhen was appointed as a Additional Director was appointed as a Additional Director on 16 Oct 2024 & has been associated with this company since 3 months 19 days .

    16 Oct 2024

  • Director Appointment

    Ruchie Ravi Khanna was appointed as a Company Secretary was appointed as a Company Secretary on 06 Sep 2024 & has been associated with this company since 4 months 29 days .

    06 Sep 2024

  • Annual General Meeting

    Tech Mahindra Limited last Annual general meeting of members was held on 26 Jul 2024 as per latest MCA records.

    26 Jul 2024

  • Director Appointment

    Neelam Dhawan was appointed as a Director was appointed as a Director on 30 May 2024 & has been associated with this company since 8 months 5 days .

    30 May 2024

  • Director Appointment

    Tarun Bajaj was appointed as a Director was appointed as a Director on 29 May 2024 & has been associated with this company since 8 months 6 days .

    29 May 2024

  • Balance Sheet

    Tech Mahindra Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

Frequently asked questions

  • Tech Mahindra Limited was incorporated on 24 Oct 1986.

  • The authorized share capital of Tech Mahindra Limited is ₹ 909.30 Cr and paid-up capital is ₹ 489.22 Cr.

  • Currently 13 directors are associated with Tech Mahindra Limited.

    • Mohit Joshi
    • Anand Gopal Mahindra
    • Haigreve Khaitan
    • Shikha Sanjaya Sharma
    • Neelam Dhawan
    • Tarun Bajaj
    • Anish Dilip Shah
    • Mohit Joshi
    • Mukti Vishvanath Khaire
    • Puneet Renjhen
    • Penelope Fowler
    • Rohit Anand
    • Ruchie Ravi Khanna
  • As per Ministry of Corporate Affairs (Mca), the registered address of Tech Mahindra Limited is Gateway Building Apollo Bunder, India, Mumbai, Maharashtra, 400001.

  • The corporate identification number (CIN) of Tech Mahindra Limited is L64200MH1986PLC041370 and the company number is 041370 as per Ministry of Corporate Affairs (MCA).

  • Yes, Tech Mahindra Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): TECHM.

  • The Official website of Tech Mahindra Limited is https://www.techmahindra.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Tech Mahindra Limited has risen by 20.79%.

  • As Per 2023 financial reports, 110612 employees are currently employed by Tech Mahindra Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Tech Mahindra Limited has experienced an downturn of -2.50%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Tech Mahindra Limited amount to ₹ 617.00 Cr.

  • The most recent Balance Sheet for Tech Mahindra Limited was filed with the ROC on 31 Mar 2024.

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