Tech Mahindra Limited (BOM:532755)
India flag India · Delayed Price · Currency is INR
1,495.70
+6.60 (0.44%)
At close: Oct 8, 2026

Tech Mahindra Stock Forecast

Stock Price Forecast

According to 39 analysts polled by S&P Global, Tech Mahindra stock has a consensus rating of "Buy" and an average price target of ₹1,658. The average 1-year stock price forecast is 10.88% higher than the current stock price, while the lowest is ₹1,150 (-23.11%) and the highest is ₹1,900 (+27.03%).

Price Target: ₹1,658 (+10.88%)
Analyst Consensus: Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price₹1,150₹1,658₹1,700₹1,900
Change-23.11%+10.88%+13.66%+27.03%

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

Chart
RatingMay '26Jun '26Jul '26Aug '26Sep '26Oct '26
Strong Buy171717171718
Buy979887
Hold677788
Sell332211
Strong Sell565555
Total404040393939

Financial Forecast

Revenue This Year
639.51B
from 568.15B
Increased by 12.56%
Revenue Next Year
675.94B
from 639.51B
Increased by 5.70%
EPS This Year
77.29
from 56.44
Increased by 36.95%
EPS Next Year
88.37
from 77.29
Increased by 14.33%
Fiscal YearFY 2022FY 2023FY 2024FY 2025FY 2026FY 2027
Period EndingMar 31, 2022Mar 31, 2023Mar 31, 2024Mar 31, 2025Mar 31, 2026Mar 31, 2027
Revenue
446.46B532.90B519.96B529.88B568.15B639.51B
Revenue Growth
17.94%19.36%-2.43%1.91%7.22%12.56%
Gross Profit
148.59B169.77B154.37B167.33B196.57B199.22B
Gross Margin
33.28%31.86%29.69%31.58%34.60%31.15%
Operating Income
65.41B61.03B31.80B51.65B71.71B95.02B
Net Income
55.66B48.31B23.58B42.52B48.11B68.12B
EPS
----56.4477.29
EPS Growth
----17.80%36.95%
Forward PE
-----19.35
Dividend / Share
15.0032.0040.0045.0051.0061.59
Dividend Growth
-113.33%25.00%12.50%13.33%20.76%
Free Cash Flow
----56.26B65.36B
No. Analysts
-----37
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is INR.

Revenue Forecast

Revenue202720282029
High654.7B
Avg639.5B
Low617.4B

Revenue Growth

Revenue Growth202720282029
High
15.2%
Avg
12.6%
Low
8.7%

EPS Forecast

EPS202720282029
High88.40
Avg77.29
Low69.40

EPS Growth

EPS Growth202720282029
High
56.6%
Avg
37.0%
Low
23.0%