Tech MahindraNSE:TECHM -1.68%78 EBITDA Margin % is 15.66% as of Mar. 2026, which is 11% below its 10-year median of 17.59. GuruFocus rates NSE:TECHM with a GF Score™ of 78/100 and a GF Value™ of ₹1,562.07 (Fairly Valued). The stock has 3 warning signs investors should review. Among 2,820 Software companies, Tech Mahindra ranks better than 69.33% on this metric.
EBITDA Margin % is calculated as EBITDA divided by its Revenue. Tech Mahindra's EBITDA for the
three
months ended in Mar. 2026 was ₹23,605 Mil. Tech Mahindra's Revenue for the
three
months ended in Mar. 2026 was ₹150,761 Mil. Therefore, Tech Mahindra's EBITDA margin for the quarter that ended in Mar. 2026 was 15.66%.
EBITDA Margin % is the ratio of EBITDA divided by net sales or Revenue. It is an performance metric measuring company's operating profitability. EBITDA Margin takes depreciation and amortization, interest expense and tax into account, which makes it easy to compare the relative profitability of companies of different sizes in the same industry.
Tech Mahindra EBITDA Margin % Related Terms
Tech Mahindra EBITDA Margin % Historical Data
* Premium members only.
The historical data trend for Tech Mahindra's EBITDA Margin % 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.
NSE:TECHM vs IBM, ACN, FISV: EBITDA Margin % Comparison
For the Information Technology Services subindustry, Tech Mahindra's EBITDA Margin %, along with its competitors' market caps and EBITDA Margin % 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 EBITDA Margin % vs Software Industry
For the Software industry and Technology sector, Tech Mahindra's EBITDA Margin % distribution charts can be found below:
* The bar in red indicates where Tech Mahindra's EBITDA Margin % falls into.
* 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 (NSE:TECHM) has a EBITDA Margin % of 15.66% as of Mar. 2026. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on Tech Mahindra and its competitors. This is 11% below median its historical median of 17.59. Over the past decade, Tech Mahindra's EBITDA Margin % has ranged from 10.45 to 20.46. According to the industry distribution chart, Tech Mahindra ranks #865 out of 2820 companies in the Software industry, placing it in the top 30.7%.
Is Tech Mahindra's EBITDA Margin % too high?
Tech Mahindra's current EBITDA Margin % of 15.66% is 11% below median its 10-year median of 17.59. Over the past 10 years, this metric has ranged from a low of 10.45 to a high of 20.46. The Software industry median EBITDA Margin % is 8.07. Tech Mahindra's value of 15.66% is 94.1% above this industry median. Based on the distribution chart, Tech Mahindra ranks #865 out of 2820 companies in the Software industry, which is above the industry midpoint. Overall, Tech Mahindra has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Tech Mahindra's EBITDA Margin % compare to IBM and ACN?
According to the Software industry distribution chart, Tech Mahindra ranks #865 out of 2820 companies for EBITDA Margin %. This puts Tech Mahindra in the upper half of its industry. The industry median EBITDA Margin % is 8.07. Tech Mahindra's value of 15.66% is 94.1% above this benchmark. Historically, Tech Mahindra's own EBITDA Margin % has ranged from 10.45 to 20.46 over the past decade. While the company's 10-year median is 17.59 vs. the industry median of 8.07, Tech Mahindra has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBITDA Margin % for a Software company?
The median EBITDA Margin % among Software companies is 8.07, based on 2,820 companies in the industry. Companies in the top quartile (top 25%) have a EBITDA Margin % significantly above this median, while those in the bottom quartile fall well below. However, EBITDA Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Tech Mahindra's current EBITDA Margin % of 15.66% is 94.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBITDA Margin % mean?
A high EBITDA Margin % can signal that a stock is expensive relative to its fundamentals. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on Tech Mahindra and its competitors. For the Software industry, the median EBITDA Margin % is 8.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tech Mahindra's current EBITDA Margin % is 15.66%, which is 11% below median its own 10-year median of 17.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tech Mahindra stock overvalued right now?
Based on GuruFocus' analysis, Tech Mahindra (NSE:TECHM) is currently considered Fairly Valued. The stock's GF Value™ is ₹1,562.07, compared to a current price of ₹1,437.10 — trading 8% below its estimated fair value. The current EBITDA Margin % is 15.66%, which is 11% below median its 10-year median of 17.59 and 94.1% above the Software industry median of 8.07. Tech Mahindra's overall GF Score™ is 78/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBITDA Margin % calculated?
EBITDA Margin % is calculated from a company's financial statements. For Tech Mahindra (NSE:TECHM), the current EBITDA Margin % is 15.66% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Tech Mahindra (NSE:TECHM) Overvalued in 2026?
Based on GuruFocus' analysis, Tech Mahindra stock appears to be undervalued.
The current stock price of ₹1,437.10 is trading 8% below its estimated GF Value™ of ₹1,562.07.
GuruFocus considers Tech Mahindra to be Fairly Valued.
Key valuation signals for NSE:TECHM:
EBITDA Margin %: 15.66% (11% below median its 10-year median of 17.59)
GF Value™: ₹1,562.07 vs. price of ₹1,437.10 (8% below fair value)
Industry Position: 94.1% above the Software median (#865 of 2820)
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 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.
78GF Score
Get the complete analysis for NSE:TECHM
EBITDA Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
NSE:TECHM has been successfully added to your 
