Tech Mahindra Financial Statements

Tech Mahindra (TECHM) reported revenue of ₹538.44B in FY2025 with net income of ₹42.53B. Total assets stood at ₹445.27B and free cash flow was ₹51.92B.

Tech Mahindra Income Statement

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FY 2021 – FY 2025

Item	Chart	2021	2022	2023	2024	2025
Revenue		378.55B	446.46B	532.90B	529.12B	538.44B
Cost of Rev. Cost of Revenue		-242.72B	-292.43B	-356.92B	-291.28B	-296.24B
Gross Profit		135.84B	154.03B	175.98B	237.84B	242.20B
SGA Sales, General & Admin		-67.37B	-73.83B	-95.69B	-183.61B	-164.01B
Op. Income Operating Income		53.39B	65.00B	58.35B	36.06B	59.66B
PBT Profit Before Tax		59.52B	74.52B	64.46B	32.24B	56.53B
Net Income		44.28B	56.30B	48.57B	23.97B	42.53B
Dil. Shares Diluted Shares		882.19M	885.80M	886.16M	887.05M	887.46M
Diluted EPS		50.19	54.54	62.81	26.58	47.91

Figures in ₹ — millions (M), billions (B), trillions (T). EPS is earnings per share.

Understanding the Income Statement

The income statement shows Tech Mahindra's revenue and expenses over a period. Revenue minus costs gives gross profit; after operating expenses, interest, and taxes, the remainder is net income. Diluted EPS divides net income by all shares that could exist if options and convertibles were exercised.

Tech Mahindra Balance Sheet

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FY 2021 – FY 2025

Item	Chart	2021	2022	2023	2024	2025
Curr. assets Total current assets		252.55B	244.56B	244.33B	234.25B	236.79B
Non-curr. assets Total non-current assets		144.23B	204.15B	217.21B	199.98B	208.47B
Total assets		396.78B	448.71B	461.53B	434.24B	445.27B
Curr. liabilities Total current liabilities		115.08B	125.05B	133.21B	126.17B	139.04B
Non-curr. liab. Total non-current liabilities		29.26B	49.85B	44.38B	36.60B	29.01B
Total liabilities		144.34B	174.90B	177.59B	162.77B	168.05B
Total equity		252.45B	273.81B	283.95B	271.47B	277.92B
Total liab. & eq. Total liabilities & equity		396.78B	448.71B	461.53B	434.24B	445.97B

Figures in ₹ — millions (M), billions (B), trillions (T).

Understanding the Balance Sheet

The balance sheet captures Tech Mahindra's financial position at a point in time — what it owns (assets), what it owes (liabilities), and the residual value to shareholders (equity). Total assets always equals total liabilities plus equity.

Tech Mahindra Cash Flow Statement

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FY 2021 – FY 2025

Item	Chart	2021	2022	2023	2024	2025
Net Income		59.53B	74.52B	64.46B	32.24B	56.53B
Operating CF Cash flow Operating Activities		80.94B	52.85B	55.72B	63.76B	57.86B
Capex Investments in PPE		-6.66B	-9.58B	-10.15B	-7.91B	-5.94B
Investing CF Cash flow Investing Activities		-54.50B	4.82B	-2.79B	-13.14B	119.00M
Dividend Paid		-17.59B	-39.81B	-42.63B	-39.17B	-38.77B
Financing CF Cash flow Financing Activities		-29.87B	-46.67B	-50.78B	-47.67B	-58.34B
Cash (start) Cash at beginning of period		30.17B	26.90B	37.89B	40.56B	43.47B
Cash (end) Cash at end of period		26.90B	37.89B	40.56B	43.47B	43.19B
FCF Free Cash Flow		74.28B	43.27B	45.57B	55.85B	51.92B

Figures in ₹ — millions (M), billions (B), trillions (T).

Understanding Cash Flow

The cash flow statement tracks how Tech Mahindra's cash moves through operations, investing, and financing activities. Free cash flow — operating cash minus capital expenditure — shows what is available to return to shareholders.

Data from audited consolidated filings. For educational purposes only — not investment advice. Last update: Mar-2025