Tech Mahindra Limited (NSE:TECHM)

Tech Mahindra Balance Sheet

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2025	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Cash & Equivalents	42,866	43,185	43,471	40,563	37,889	26,904
Short-Term Investments	29,923	1,675	1,968	2,904	3,149	9,367
Trading Asset Securities	-	28,928	27,794	25,640	41,859	87,888
Cash & Short-Term Investments	72,789	73,788	73,233	69,107	82,897	124,159
Cash Growth	16.49%	0.76%	5.97%	-16.63%	-33.23%	42.94%
Accounts Receivable	126,939	130,715	129,731	145,716	131,541	98,707
Other Receivables	-	3,159	1,370	1,429	1,608	2,574
Receivables	126,939	133,874	131,101	147,145	133,149	101,281
Inventory	961	394	375	236	405	242
Prepaid Expenses	-	11,488	11,917	10,693	11,754	7,808
Restricted Cash	-	18	607	607	656	404
Other Current Assets	48,994	17,230	17,020	16,539	15,696	18,705
Total Current Assets	249,683	236,792	234,253	244,327	244,557	252,599
Property, Plant & Equipment	41,619	39,197	36,193	40,430	37,846	35,887
Long-Term Investments	901	3,110	4,912	6,520	4,830	5,996
Goodwill	80,319	76,993	75,106	76,657	74,258	40,082
Other Intangible Assets	20,578	23,491	28,350	32,677	36,586	14,508
Long-Term Accounts Receivable	-	68	155	496	837	1,392
Long-Term Deferred Tax Assets	20,536	18,573	14,396	12,965	8,191	9,133
Long-Term Deferred Charges	-	7,473	4,596	5,811	5,974	8,468
Other Long-Term Assets	44,586	39,140	36,170	41,601	35,492	28,668
Total Assets	458,282	444,945	434,236	461,533	448,707	396,780
Accounts Payable	43,957	44,108	37,853	43,846	40,947	27,850
Accrued Expenses	-	26,574	26,911	24,766	20,699	18,408
Short-Term Debt	-	3,581	13,581	13,570	13,481	14,960
Current Portion of Long-Term Debt	2,685	1,133	704	924	916	310
Current Portion of Leases	4,501	4,066	3,348	3,717	3,167	4,003
Current Income Taxes Payable	21,962	17,710	12,894	15,405	10,441	11,143
Current Unearned Revenue	-	11,817	13,069	11,259	10,680	6,736
Other Current Liabilities	63,267	17,751	17,806	19,723	24,717	19,365
Total Current Liabilities	136,372	126,740	126,166	133,210	125,048	102,775
Long-Term Debt	-	-	1,025	1,288	1,420	1,658
Long-Term Leases	12,358	11,472	6,709	7,903	7,200	8,077
Long-Term Unearned Revenue	120	46	253	249	781	964
Pension & Post-Retirement Benefits	-	7,005	6,189	5,288	5,423	4,336
Long-Term Deferred Tax Liabilities	2,137	2,279	2,745	3,261	4,552	761
Other Long-Term Liabilities	27,768	19,486	19,681	26,387	30,472	25,764
Total Liabilities	178,755	167,028	162,768	177,586	174,896	144,335
Common Stock	4,427	4,895	4,884	4,871	4,859	4,841
Additional Paid-In Capital	-	17,650	16,024	14,289	12,840	10,570
Retained Earnings	-	231,893	228,523	243,776	237,487	221,497
Treasury Stock	-	-471	-471	-471	-471	-471
Comprehensive Income & Other	270,611	19,648	17,734	16,780	14,142	12,213
Total Common Equity	275,038	273,615	266,694	279,245	268,857	248,650
Minority Interest	4,489	4,302	4,774	4,702	4,954	3,795
Shareholders' Equity	279,527	277,917	271,468	283,947	273,811	252,445
Total Liabilities & Equity	458,282	444,945	434,236	461,533	448,707	396,780
Total Debt	19,544	20,252	25,367	27,402	26,184	29,008
Net Cash (Debt)	53,245	53,536	47,866	41,705	56,713	95,151
Net Cash Growth	26.36%	11.85%	14.77%	-26.46%	-40.40%	89.71%
Net Cash Per Share	59.99	60.32	53.95	47.08	64.00	107.86
Filing Date Shares Outstanding	886.13	884.76	882.52	879.91	877.6	873.96
Total Common Shares Outstanding	886.13	884.76	882.52	879.91	877.6	873.96
Working Capital	113,311	110,052	108,087	111,117	119,509	149,824
Book Value Per Share	310.38	309.25	302.19	317.36	306.36	284.51
Tangible Book Value	174,141	173,131	163,238	169,911	158,013	194,060
Tangible Book Value Per Share	196.52	195.68	184.97	193.10	180.05	222.05
Land	-	908	1,021	1,109	1,090	1,100
Buildings	-	26,798	27,619	29,107	27,634	27,814
Machinery	-	79,919	80,600	78,319	70,717	64,177
Construction In Progress	-	206	1,011	836	1,651	1,183
Leasehold Improvements	-	2,838	2,698	2,870	2,565	2,367

Source: S&P Global Market Intelligence. Standard template. Financial Sources.