Tech Mahindra Ltd., incorporated in the year 1986, is a Large Cap company (having a market cap of Rs 99320.50 Crore) operating in IT Software sector.
Financials
For the quarter ended 31-12-2020, the company reported a Consolidated Total Income of Rs 9868.00 Crore, up 3.99 % from last quarter Total Income of Rs 9489.30 Crore and down -1.36 % from last year same quarter Total Income of Rs 10004.20 Crore. Company reported net profit after tax of Rs 1289.60 Crore in latest quarter.
Investment Rationale
For Tech Mahindra, HLS is a focus vertical (8-9% of revenue) and the Perigord acquisition will augment its domain capabilities and also expand its BPaaS offerings. Given the size of the acquisition (
Promoter/FII Holdings
Promoters held 35.8 per cent stake in the company as of Sept 30, 2020, while FIIs held 38 per cent, DIIs 14.4 per cent and public and others 11.8 per cent.
