Tech Mahindra (NSE:TECHM) Debt-to-Equity: N/A (As of Jun. 2026)

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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NSE:TECHM Tech Mahindra Ltd NSE:TECHM
86 GF Score
Price ₹1,640.90
GF Value ₹1,635.66
Valuation Fairly Valued
! 4 Warning Signs
View Full Analysis

What is Tech Mahindra Debt-to-Equity?

Tech Mahindra's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was ₹0 Mil. Tech Mahindra's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was ₹0 Mil. Tech Mahindra's Total Stockholders Equity for the quarter that ended in Jun. 2026 was ₹0 Mil.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Tech Mahindra's Debt-to-Equity or its related term are showing as below:

NSE:TECHM' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.07   Med: 0.1   Max: 0.17
Current: 0.07

During the past 13 years, the highest Debt-to-Equity Ratio of Tech Mahindra was 0.17. The lowest was 0.07. And the median was 0.10.

NSE:TECHM's Debt-to-Equity is ranked better than
72.29% of 2248 companies
in the Software industry
Industry Median: 0.2 vs NSE:TECHM: 0.07

Tech Mahindra  (NSE:TECHM) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


Tech Mahindra Debt-to-Equity Related Terms


Tech Mahindra Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Tech Mahindra's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Tech Mahindra Debt-to-Equity Chart

Tech Mahindra Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.10 0.10 0.10 0.07 0.07

Tech Mahindra Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only N/A 0.07 N/A 0.07 N/A

NSE:TECHM vs IBM, ACN, FISV: Debt-to-Equity Comparison

For the Information Technology Services subindustry, Tech Mahindra's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Tech Mahindra Debt-to-Equity vs Software Industry

For the Software industry and Technology sector, Tech Mahindra's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Tech Mahindra's Debt-to-Equity falls into.


NSE:TECHM
86GF Score
Tech Mahindra Ltd NSE:TECHM
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tech Mahindra Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Tech Mahindra's Debt to Equity Ratio for the fiscal year that ended in Mar. 2026 is calculated as

Tech Mahindra's Debt to Equity Ratio for the quarter that ended in Jun. 2026 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Is Tech Mahindra (NSE:TECHM) Overvalued in 2026?

Based on GuruFocus' analysis, Tech Mahindra stock appears to be overvalued. The current stock price of ₹1,640.90 is trading 0.3% above its estimated GF Value™ of ₹1,635.66. GuruFocus considers Tech Mahindra to be Fairly Valued.

Key valuation signals for NSE:TECHM:

  • Debt-to-Equity: N/A
  • GF Value™: ₹1,635.66 vs. price of ₹1,640.90 (0.3% above fair value)
  • GF Score™: 86/100 with 4 warning signs

No single metric tells the full story. See the NSE:TECHM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tech Mahindra Business Description

Other Exchanges 532755:India
Address Plot No. 1, Phase III, Rajiv Gandhi Infotech Park, Hinjewadi, Pune, MH, IND, 411 057
Tech Mahindra Ltd is an IT services and consulting company in India. It offers a variety of technology solutions and services in addition to business process services. Its segments are Information Technology and Business Process Services. The technology solutions include helping companies engage in cloud software, mobile solutions, network services, cybersecurity, and a variety of other options. The business process service is offered across various industries including telecom, financial services, retail, energy, hospitality, high-tech, agriculture, and food beverage. The company generates the majority of its revenue from Communications & Media & Entertainment Industry. Geographically the company generates the majority of its revenue from the Americas.
86GF Score

Get the complete analysis for NSE:TECHM

Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹1,640.90
Price
₹1,635.66
GF Value