FCF Margin % is calculated as Free Cash Flow divided by its Revenue. Tech Mahindra's Free Cash Flow for the
three
months ended in Mar. 2026 was ₹0 Mil. Tech Mahindra's Revenue for the
three
months ended in Mar. 2026 was ₹150,761 Mil. Therefore, Tech Mahindra's FCF Margin % for the quarter that ended in Mar. 2026 was 0.00%.
The historical rank and industry rank for Tech Mahindra's FCF Margin % or its related term are showing as below:
NSE:TECHM'
s FCF Margin % Range Over the Past 10 Years
Min: 8.24 Med: 9.75 Max: 19.62
Current: 9.64
During the past 13 years, the highest FCF Margin % of Tech Mahindra was 19.62%. The lowest was 8.24%. And the median was 9.75%.
NSE:TECHM's FCF Margin % is ranked better than 69.34% of 2815
companies
in the Software industry
Industry Median: 2.41
vs NSE:TECHM: 9.64
Tech Mahindra FCF Margin % Related Terms
Tech Mahindra FCF Margin % Historical Data
* Premium members only.
The historical data trend for Tech Mahindra's FCF 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: FCF Margin % Comparison
For the Information Technology Services subindustry, Tech Mahindra's FCF Margin %, along with its competitors' market caps and FCF 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 FCF Margin % vs Software Industry
For the Software industry and Technology sector, Tech Mahindra's FCF Margin % distribution charts can be found below:
* The bar in red indicates where Tech Mahindra's FCF 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 FCF Margin % of 0.00% as of Mar. 2026. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Tech Mahindra and its competitors. Over the past decade, Tech Mahindra's FCF Margin % has ranged from 8.24 to 19.62. According to the industry distribution chart, Tech Mahindra ranks #863 out of 2815 companies in the Software industry, placing it in the top 30.7%.
Is Tech Mahindra's FCF Margin % too high?
Tech Mahindra's current FCF Margin % is 0.00%. Over the past 10 years, this metric has ranged from a low of 8.24 to a high of 19.62. Based on the distribution chart, Tech Mahindra ranks #863 out of 2815 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 FCF Margin % compare to IBM and ACN?
According to the Software industry distribution chart, Tech Mahindra ranks #863 out of 2815 companies for FCF Margin %. This puts Tech Mahindra in the upper half of its industry. The industry median FCF Margin % is 2.41. Historically, Tech Mahindra's own FCF Margin % has ranged from 8.24 to 19.62 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good FCF Margin % for a Software company?
The median FCF Margin % among Software companies is 2.41, based on 2,815 companies in the industry. Companies in the top quartile (top 25%) have a FCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, FCF Margin % 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 FCF Margin % mean?
A high FCF Margin % can signal that a stock is expensive relative to its fundamentals. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Tech Mahindra and its competitors. For the Software industry, the median FCF Margin % is 2.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tech Mahindra's current FCF Margin % is 0.00%. 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 FCF Margin % is 0.00%. 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 FCF Margin % calculated?
FCF Margin % is calculated from a company's financial statements. For Tech Mahindra (NSE:TECHM), the current FCF Margin % is 0.00% 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:
FCF Margin %: 0.00%
GF Value™: ₹1,562.07 vs. price of ₹1,437.10 (8% below fair value)
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
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