To the full analysis
Tech Mahindra stock: growth
TECHM.NSTech Mahindra reported $6.04B in revenue for fiscal 2026, up 7.2% on the prior year, up 8.5% a year on average over up to five years.
Daily figure as of 13 Nov 2026
Revenue (Annual rate)
16.9%
per year from 2007 to 2026, per share 12.9%
Earnings (Annual rate)
11.5%
per year from 2007 to 2026, per share 17.2%
Free cash flow (Annual rate)
no data
Growth per year by period
What reaches shareholders is growth per share: buybacks lift it, new shares dilute it.
| since 2021 | since 2016 | since 2007 | |
|---|---|---|---|
| Revenue | 8.5% | 7.9% | 16.9% |
| Revenue per share | 8.2% | 7.7% | 12.9% |
| Earnings | 1.7% | 4.4% | 11.5% |
| Earnings per share | 1.4% | 4.6% | 17.2% |
| Free cash flow | −5.9% | 9.1% | no data |
| Free cash flow per share | −6.2% | 8.9% | no data |
Fiscal years at a glance
How revenue and earnings grow
- Revenue
- Earnings
- Free cash flow
Figures as a table
| Year | Revenue | Earnings | Free cash flow |
|---|---|---|---|
| 2007 | $312.14M | $65.11M | −$17.05M |
| 2008 | $400.29M | $81.79M | −$4.76M |
| 2009 | $474.55M | $107.83M | $103.23M |
| 2010 | $491.63M | $74.74M | $110.49M |
| 2011 | $546.34M | $68.47M | $32.98M |
| 2012 | $583.49M | $116.82M | $44.21M |
| 2013 | $730.53M | $136.88M | $71.93M |
| 2014 | $2B | $321.93M | $69.43M |
| 2015 | $2.4B | $279.29M | $136.64M |
| 2016 | $2.82B | $331.41M | $243.83M |
| 2017 | $3.1B | $298.98M | $351.09M |
| 2018 | $3.27B | $403.87M | $269.64M |
| 2019 | $3.69B | $456.79M | $385.55M |
| 2020 | $3.92B | $428.66M | $373.44M |
| 2021 | $4.02B | $470.65M | $789.49M |
| 2022 | $4.75B | $591.61M | $459.9M |
| 2023 | $5.66B | $513.51M | $484.34M |
| 2024 | $5.53B | $250.61M | $593.65M |
| 2025 | $5.63B | $451.89M | $551.87M |
| 2026 | $6.04B | $511.34M | $582.07M |
Data status and sources
- Score
- Daily value of 13 Nov 2026, recalculated nightly
- Price
- Closing price of 12 Nov 2026
- Latest annual report
- Fiscal year 2026, period end 31 Mar 2026
- Currency
- Amounts in US dollars, converted at the ECB reference rate of 12 Nov 2026 ($1 = ₹94.0836)
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Strong, published since 7 Nov 2026 (in the score history since 16 Oct 2026)
- Valuation signal Fairly valued since 7 Nov 2026
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.
