Tech Mahindra Limited (BOM:532755)
India flag India · Delayed Price · Currency is INR
1,482.70
-4.30 (-0.29%)
At close: Jun 5, 2026

Tech Mahindra Stock Forecast

Stock Price Forecast

According to 40 analysts polled by S&P Global, Tech Mahindra stock has a consensus rating of "Buy" and an average price target of ₹1,584. The average 1-year stock price forecast is 6.84% higher than the current stock price, while the lowest is ₹1,225 (-17.38%) and the highest is ₹1,921 (+29.56%).

Price Target: ₹1,584 (+6.84%)
Analyst Consensus: Buy
TargetLowAverageMedianHigh
Price₹1,225₹1,584₹1,599₹1,921
Change-17.38%+6.84%+7.84%+29.56%

Analyst Ratings

The average analyst rating for Tech Mahindra stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

RatingJan '26Feb '26Mar '26Apr '26May '26Jun '26
Strong Buy161414171717
Buy101010999
Hold667666
Sell333333
Strong Sell776555
Total424040404040

Financial Forecast

Revenue This Year
619.62B
from 568.15B
Increased by 9.06%
Revenue Next Year
656.05B
from 619.62B
Increased by 5.88%
EPS This Year
77.61
from 56.44
Increased by 37.52%
EPS Next Year
85.34
from 77.61
Increased by 9.96%
Fiscal YearFY 2022FY 2023FY 2024FY 2025FY 2026FY 2027
Period EndingMar 31, 2022Mar 31, 2023Mar 31, 2024Mar 31, 2025Mar 31, 2026Mar 31, 2027
Revenue
446.46B532.90B519.96B529.88B568.15B619.62B
Revenue Growth
17.94%19.36%-2.43%1.91%7.22%9.06%
Gross Profit
148.59B169.77B154.37B167.33B202.37B194.00B
Gross Margin
33.28%31.86%29.69%31.58%35.62%31.31%
Operating Income
65.41B61.03B31.80B51.65B71.53B90.98B
Net Income
55.66B48.31B23.58B42.52B48.11B69.07B
EPS
----56.4477.61
EPS Growth
----17.80%37.52%
Forward PE
-----19.10
Dividend / Share
15.0032.0040.0045.0051.0060.73
Dividend Growth
-113.33%25.00%12.50%13.33%19.07%
Free Cash Flow
37.29B42.09B38.34B52.59B48.12B65.63B
No. Analysts
-----39
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is INR.

Revenue Forecast

Revenue202720282029
High638.2B
Avg619.6B
Low600.8B

Revenue Growth

Revenue Growth202720282029
High
12.3%
Avg
9.1%
Low
5.7%

EPS Forecast

EPS202720282029
High-
Avg77.61
Low-

EPS Growth

EPS Growth202720282029
High-
Avg
37.5%
Low-