Tech Mahindra (NSE:TECHM) Enterprise Value: ₹1,201,065 Mil (As of Jul. 02, 2026) ***


NSE:TECHM Tech Mahindra Ltd NSE:TECHM
84 GF Score
Price ₹1,421.30
GF Value ₹1,561.46
Valuation Fairly Valued
! 3 Warning Signs
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What is Tech Mahindra Enterprise Value?

Tech Mahindra NSE:TECHM +4.34% 84 Enterprise Value is ₹1,201,065 Mil as of Jul. 02, 2026. GuruFocus rates NSE:TECHM with a GF Score™ of 84/100 and a GF Value™ of ₹1,561.46 (Fairly Valued). The stock has 3 warning signs investors should review.

Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Tech Mahindra's Enterprise Value is ₹1,201,065 Mil. Tech Mahindra's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was ₹69,105 Mil. Therefore, Tech Mahindra's EV-to-EBIT ratio for today is 17.38.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Tech Mahindra's Enterprise Value is ₹1,201,065 Mil. Tech Mahindra's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was ₹87,921 Mil. Therefore, Tech Mahindra's EV-to-EBITDA ratio for today is 13.66.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Tech Mahindra's Enterprise Value is ₹1,201,065 Mil. Tech Mahindra's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 was ₹568,154 Mil. Therefore, Tech Mahindra's EV-to-Revenue ratio for today is 2.11.

EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations. As of today, Tech Mahindra's Enterprise Value is ₹1,201,065 Mil. Tech Mahindra's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was ₹0 Mil. Therefore, Tech Mahindra's EV-to-OCF ratio for today is .

EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Tech Mahindra's Enterprise Value is ₹1,201,065 Mil. Tech Mahindra's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was ₹0 Mil. Therefore, Tech Mahindra's EV-to-FCF ratio for today is .

*** Please note that the current Enterprise Value is calculated using the current market capitalization and the most recently available financial data. If key financial fields—Long-Term Debt & Capital Lease Obligation and Short-Term Debt & Capital Lease Obligation—are recorded as null in the latest reporting period, our data vendor will default to using data from the prior period with valid entries.


Tech Mahindra  (NSE:TECHM) Enterprise Value Explanation

When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.

If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.

The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.

For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.

Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.

1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.

Tech Mahindra's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=1201065.112/69105
=17.38

Tech Mahindra's current Enterprise Value is ₹1,201,065 Mil.
Tech Mahindra's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹69,105 Mil.

2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.

Tech Mahindra's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=1201065.112/87921
=13.66

Tech Mahindra's current Enterprise Value is ₹1,201,065 Mil.
Tech Mahindra's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹87,921 Mil.

3. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.

Tech Mahindra's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=1201065.112/568154
=2.11

Tech Mahindra's current Enterprise Value is ₹1,201,065 Mil.
Tech Mahindra's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹568,154 Mil.

4. EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations.

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

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=1201065.112/0
=

Tech Mahindra's current Enterprise Value is ₹1,201,065 Mil.
Tech Mahindra's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹0 Mil.

5. EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow.

Tech Mahindra's EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=1201065.112/0
=

Tech Mahindra's current Enterprise Value is ₹1,201,065 Mil.
Tech Mahindra's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 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.


Tech Mahindra Enterprise Value Related Terms


Tech Mahindra Enterprise Value Historical Data

* Premium members only.

The historical data trend for Tech Mahindra's Enterprise Value 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 Enterprise Value Chart

Tech Mahindra Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,264,155.32 932,101.04 1,058,041.96 1,205,292.03 1,167,901.70

Tech Mahindra Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Enterprise Value 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 1,205,292.03 1,651,923.90 1,186,678.61 1,408,719.68 1,167,901.70

NSE:TECHM vs IBM, ACN, FISV: Enterprise Value Comparison

For the Information Technology Services subindustry, Tech Mahindra's Enterprise Value, along with its competitors' market caps and Enterprise Value 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 Enterprise Value vs Software Industry

For the Software industry and Technology sector, Tech Mahindra's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Tech Mahindra's Enterprise Value falls into.


NSE:TECHM
84GF Score
Tech Mahindra Ltd NSE:TECHM
Enterprise Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tech Mahindra Enterprise Value Calculation

Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

Tech Mahindra's Enterprise Value for the fiscal year that ended in Mar. 2026 is calculated as

Tech Mahindra's Enterprise Value for the quarter that ended in Mar. 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.

Frequently Asked Questions Learn more about Enterprise Value →
What does a Enterprise Value of ₹1,201,065 Mil mean?
Tech Mahindra (NSE:TECHM) has a Enterprise Value of ₹1,201,065 Mil as of Jul. 02, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Tech Mahindra and its competitors.
Is Tech Mahindra's Enterprise Value too high?
Tech Mahindra's current Enterprise Value is ₹1,201,065 Mil. Overall, Tech Mahindra has a GF Score™ of 84/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Tech Mahindra's Enterprise Value compare to IBM and ACN?
Tech Mahindra's Enterprise Value of ₹1,201,065 Mil can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Enterprise Value for a Software company?
A good Enterprise Value depends on the Software industry context. However, Enterprise Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Enterprise Value mean?
A high Enterprise Value can signal that a stock is expensive relative to its fundamentals. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Tech Mahindra and its competitors. Tech Mahindra's current Enterprise Value is ₹1,201,065 Mil. 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 ₹1,561.46, compared to a current price of ₹1,421.30 — trading 9% below its estimated fair value. The current Enterprise Value is ₹1,201,065 Mil. Tech Mahindra's overall GF Score™ is 84/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Enterprise Value calculated?
Enterprise Value is calculated from a company's financial statements. For Tech Mahindra (NSE:TECHM), the current Enterprise Value is ₹1,201,065 Mil as of Jul. 02, 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 ₹1,421.30 is trading 9% below its estimated GF Value™ of ₹1,561.46. GuruFocus considers Tech Mahindra to be Fairly Valued.

Key valuation signals for NSE:TECHM:

  • Enterprise Value: ₹1,201,065 Mil
  • GF Value™: ₹1,561.46 vs. price of ₹1,421.30 (9% below fair value)
  • GF Score™: 84/100 with 3 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.
84GF Score

Get the complete analysis for NSE:TECHM

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

₹1,421.30
Price
₹1,561.46
GF Value