Tech Mahindra Ratios and Metrics

Market cap in millions INR. Fiscal year is April - March.

Millions INR. Fiscal year is Apr - Mar.

Fiscal Year	Current	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Apr '26 Apr 27, 2026	Mar '26 Mar 31, 2026	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
Market Capitalization	1,203,095	1,225,678	1,254,808	1,101,477	969,531	1,315,817
Market Cap Growth	-4.44%	-2.32%	13.92%	13.61%	-26.32%	51.86%
Enterprise Value	1,145,164	1,176,922	1,217,190	1,070,913	929,907	1,232,466
Last Close Price	1358.50	1384.00	1378.37	1180.34	1004.58	1305.17
PE Ratio	25.07	25.48	29.51	46.72	20.07	23.64
Forward PE	17.55	18.73	26.09	25.07	17.43	21.71
PS Ratio	2.12	2.16	2.37	2.12	1.82	2.95
PB Ratio	4.00	4.08	4.51	4.06	3.41	4.81
P/TBV Ratio	6.27	6.39	7.25	6.75	5.71	8.33
P/FCF Ratio	21.97	22.38	24.17	19.72	21.28	30.41
P/OCF Ratio	19.49	19.86	21.69	17.27	17.40	24.90
PEG Ratio	1.08	0.73	0.81	2.83	1.77	1.53
EV/Sales Ratio	2.02	2.07	2.30	2.06	1.75	2.76
EV/EBITDA Ratio	12.68	13.03	19.22	23.93	12.39	16.35
EV/EBIT Ratio	16.01	16.45	23.57	33.68	15.24	18.84
EV/FCF Ratio	20.91	21.49	23.44	19.17	20.41	28.48
Debt / Equity Ratio	0.07	0.07	0.07	0.09	0.10	0.10
Debt / EBITDA Ratio	0.24	0.24	0.30	0.52	0.35	0.33
Debt / FCF Ratio	0.40	0.40	0.39	0.45	0.60	0.61
Net Debt / Equity Ratio	-0.21	-0.21	-0.19	-0.18	-0.15	-0.21
Net Debt / EBITDA Ratio	-0.69	-0.69	-0.84	-1.07	-0.56	-0.75
Net Debt / FCF Ratio	-1.14	-1.14	-1.03	-0.86	-0.91	-1.31
Asset Turnover	1.21	1.21	1.21	1.16	1.17	1.06
Inventory Turnover	509.45	509.45	942.93	1196.69	1133.01	920.77
Quick Ratio	1.50	1.50	1.64	1.62	1.62	1.73
Current Ratio	1.90	1.90	1.87	1.86	1.83	1.96
Return on Equity (ROE)	16.61%	16.61%	15.48%	8.63%	17.42%	21.40%
Return on Assets (ROA)	9.53%	9.53%	7.34%	4.44%	8.38%	9.67%
Return on Invested Capital (ROIC)	22.52%	22.61%	17.35%	10.15%	20.02%	26.40%
Return on Capital Employed (ROCE)	20.50%	20.50%	16.20%	10.30%	18.60%	20.20%
Earnings Yield	4.00%	3.92%	3.39%	2.14%	4.98%	4.23%
FCF Yield	4.55%	4.47%	4.14%	5.07%	4.70%	3.29%
Dividend Yield	3.75%	3.69%	3.26%	3.39%	3.19%	1.15%
Payout Ratio	83.67%	83.67%	91.19%	166.13%	51.98%	45.39%
Buyback Yield / Dilution	-0.04%	-0.04%	-0.03%	-0.16%	0.04%	-0.45%
Total Shareholder Return	3.72%	3.65%	3.24%	3.23%	3.23%	0.70%

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