Tech Mahindra (NSE:TECHM) EV-to-OCF: (As of Sep. 10, 2026)

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NSE:TECHM Tech Mahindra Ltd NSE:TECHM
87 GF Score
Price ₹1,508.00
GF Value ₹1,641.42
Valuation Fairly Valued
! 4 Warning Signs
View Full Analysis

What is Tech Mahindra EV-to-OCF?

EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Tech Mahindra's Enterprise Value is ₹1,273,063 Mil. Tech Mahindra's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 was ₹0 Mil. Therefore, Tech Mahindra's EV-to-OCF for today is .

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

NSE:TECHM' s EV-to-OCF Range Over the Past 10 Years
Min: 7.08   Med: 14.33   Max: 65.7
Current: 21.91

During the past 13 years, the highest EV-to-OCF of Tech Mahindra was 65.70. The lowest was 7.08. And the median was 14.33.

NSE:TECHM's EV-to-OCF is ranked worse than
79.23% of 2875 companies
in the Software industry
Industry Median: 6.95 vs NSE:TECHM: 21.91

EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

As of today (2026-09-10), Tech Mahindra's stock price is ₹1508.00. Tech Mahindra's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was ₹57.840. Therefore, Tech Mahindra's PE Ratio (TTM) for today is 26.07.


Tech Mahindra  (NSE:TECHM) EV-to-OCF Explanation

EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

Tech Mahindra's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=1508.00/57.840
=26.07

Tech Mahindra's share price for today is ₹1508.00.
Tech Mahindra's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹57.840.

* 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.

Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Cash Flow from Operations is an important financial metric because it represents the cash generated from operating activities at a company's disposal. Companies with a low EV-to-OCF ratio, combined with a strong balance sheet are generally considered as undervalued.


Tech Mahindra EV-to-OCF Related Terms


Tech Mahindra EV-to-OCF Historical Data

* Premium members only.

The historical data trend for Tech Mahindra's EV-to-OCF 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 EV-to-OCF Chart

Tech Mahindra Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
EV-to-OCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 23.92 16.73 16.62 20.83 18.96

Tech Mahindra Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
EV-to-OCF 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 0.00 0.00 0.00 18.96 0.00

NSE:TECHM vs IBM, ACN, CTSH: EV-to-OCF Comparison

For the Information Technology Services subindustry, Tech Mahindra's EV-to-OCF, along with its competitors' market caps and EV-to-OCF 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 EV-to-OCF vs Software Industry

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

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


NSE:TECHM
87GF Score
Tech Mahindra Ltd NSE:TECHM
EV-to-OCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tech Mahindra EV-to-OCF Calculation

Tech Mahindra's EV-to-OCF for today is calculated as:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=1273063.461/0
=

Tech Mahindra's current Enterprise Value is ₹1,273,063 Mil.
Tech Mahindra's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹0 Mil.

* 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 undervalued. The current stock price of ₹1,508.00 is trading 8.1% below its estimated GF Value™ of ₹1,641.42. GuruFocus considers Tech Mahindra to be Fairly Valued.

Key valuation signals for NSE:TECHM:

  • EV-to-OCF:
  • GF Value™: ₹1,641.42 vs. price of ₹1,508.00 (8.1% below fair value)
  • GF Score™: 87/100 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.
87GF Score

Get the complete analysis for NSE:TECHM

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

₹1,508.00
Price
₹1,641.42
GF Value