Tech Mahindra Limited (BOM: 532755)

Tech Mahindra Balance Sheet

Financials in millions INR. Fiscal year is April - March.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2024	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021	Mar 31, 2020
Cash & Equivalents	43,121	43,471	40,563	37,889	26,904	30,167
Short-Term Investments	19,366	1,968	2,904	3,149	9,367	11,572
Trading Asset Securities	-	27,794	25,640	41,859	87,888	45,123
Cash & Short-Term Investments	62,487	73,233	69,107	82,897	124,159	86,862
Cash Growth	2.16%	5.97%	-16.64%	-33.23%	42.94%	0.10%
Accounts Receivable	119,924	129,731	145,716	131,541	98,707	115,979
Other Receivables	-	1,370	1,429	1,608	2,574	1,258
Receivables	119,924	131,101	147,145	133,149	101,281	117,237
Inventory	390	375	236	405	242	358
Prepaid Expenses	-	11,917	10,693	11,754	7,808	6,407
Restricted Cash	-	607	607	656	404	290
Other Current Assets	43,065	17,020	16,539	15,696	18,705	20,569
Total Current Assets	225,866	234,253	244,327	244,557	252,599	231,723
Property, Plant & Equipment	35,006	36,193	40,430	37,846	35,887	38,840
Long-Term Investments	3,757	4,912	6,520	4,830	5,996	2,802
Goodwill	76,494	75,106	76,657	74,258	40,082	33,877
Other Intangible Assets	26,438	28,350	32,677	36,586	14,508	15,060
Long-Term Accounts Receivable	-	155	496	837	1,392	270
Long-Term Deferred Tax Assets	16,486	14,396	12,965	8,191	9,133	8,443
Long-Term Deferred Charges	-	4,596	5,811	5,974	8,468	9,724
Other Long-Term Assets	44,110	36,170	41,601	35,492	28,668	32,751
Total Assets	428,267	434,236	461,533	448,707	396,780	373,535
Accounts Payable	37,862	37,853	43,846	40,947	27,850	32,566
Accrued Expenses	-	26,911	24,766	20,699	18,408	14,404
Short-Term Debt	-	13,581	13,570	13,481	14,960	22,495
Current Portion of Long-Term Debt	8,562	704	924	916	310	425
Current Portion of Leases	3,637	3,348	3,717	3,167	4,003	3,459
Current Income Taxes Payable	15,747	12,894	15,405	10,441	11,143	10,205
Current Unearned Revenue	-	13,069	11,259	10,680	6,736	6,279
Other Current Liabilities	56,115	17,806	19,723	24,717	19,365	19,424
Total Current Liabilities	121,923	126,166	133,210	125,048	102,775	109,257
Long-Term Debt	1,117	1,025	1,288	1,420	1,658	1,787
Long-Term Leases	7,035	6,709	7,903	7,200	8,077	8,539
Long-Term Unearned Revenue	278	253	249	781	964	214
Long-Term Deferred Tax Liabilities	2,531	2,745	3,261	4,552	761	356
Other Long-Term Liabilities	26,404	19,681	26,387	30,472	25,764	27,290
Total Liabilities	159,288	162,768	177,586	174,896	144,335	151,471
Common Stock	4,421	4,884	4,871	4,859	4,841	4,830
Additional Paid-In Capital	-	16,024	14,289	12,840	10,570	9,208
Retained Earnings	-	228,523	243,776	237,487	221,497	196,916
Treasury Stock	-	-471	-471	-471	-471	-471
Comprehensive Income & Other	260,040	17,734	16,780	14,142	12,213	7,648
Total Common Equity	264,461	266,694	279,245	268,857	248,650	218,131
Minority Interest	4,518	4,774	4,702	4,954	3,795	3,933
Shareholders' Equity	268,979	271,468	283,947	273,811	252,445	222,064
Total Liabilities & Equity	428,267	434,236	461,533	448,707	396,780	373,535
Total Debt	20,351	25,367	27,402	26,184	29,008	36,705
Net Cash (Debt)	42,136	47,866	41,705	56,713	95,151	50,157
Net Cash Growth	20.30%	14.77%	-26.46%	-40.40%	89.71%	-24.94%
Net Cash Per Share	47.48	53.95	47.08	64.00	107.86	57.02
Filing Date Shares Outstanding	885.34	882.52	879.91	877.6	873.96	871.55
Total Common Shares Outstanding	885.34	882.52	879.91	877.6	873.96	871.55
Working Capital	103,943	108,087	111,117	119,509	149,824	122,466
Book Value Per Share	298.71	302.19	317.36	306.36	284.51	250.28
Tangible Book Value	161,529	163,238	169,911	158,013	194,060	169,194
Tangible Book Value Per Share	182.45	184.97	193.10	180.05	222.05	194.13
Land	-	1,021	1,109	1,090	1,100	1,083
Buildings	-	27,619	29,107	27,634	27,814	27,684
Machinery	-	80,600	78,319	70,717	64,177	60,902
Construction In Progress	-	1,011	836	1,651	1,183	501
Leasehold Improvements	-	2,698	2,870	2,565	2,367	2,469

Source: S&P Capital IQ. Standard template. Financial Sources.