Tech Mahindra Limited

NSEI-TECHM

Overview Financials Investor Relations Estimates Ownership Industry Dividends Modeling Filings

Income Statement	Mar '15	Mar '16	Mar '17	Mar '18	Mar '19	Mar '20	Mar '21	Mar '22	Mar '23	Mar '24	LTM
Total Revenues						368,677	378,551	446,460	532,902	519,955	518,420
Total Revenues % Chg.						6.1%	2.7%	17.9%	19.4%	-2.4%	-3.5%
Cost of Goods Sold, Total						242,508	247,932	297,869	363,129	365,589	363,867
Gross Profit						126,169	130,619	148,591	169,773	154,366	154,553
Selling General & Admin Expenses, Total						3,485	1,799	2,202	2,744	3,043	3,043
Provision for Bad Debts						1,172	1,842	630	1,761	2,633	2,633
Depreciation & Amortization						14,458	14,577	15,204	19,567	18,171	18,327
Other Operating Expenses						63,859	58,101	65,144	84,676	98,721	96,643
Other Operating Expenses, Total						82,974	76,319	83,180	108,748	122,568	120,646
Operating Income						43,195	54,300	65,411	61,025	31,798	33,907
Interest Expense, Total						-1,537	-1,466	-1,411	-456	-511	-29
Interest And Investment Income						2,775	3,256	995	1,078	1,568	1,608
Net Interest Expenses						1,238	1,790	-416	622	1,057	1,579
Income (Loss) On Equity Invest.						-55	12	28	-290	105	53
Currency Exchange Gains (Loss)						3,022	975	5,633	2,990	-421	-931
Other Non Operating Income (Expenses)						1,722	622	1,219	1,384	2,770	2,770
EBT, Excl. Unusual Items						49,122	57,699	71,875	65,731	35,309	37,378
Impairment of Goodwill	—	—	—	—	—	-1,456	-507	—	-2,370	-4,582	-4,582
Gain (Loss) On Sale Of Investments	—					2,063	1,593	2,583	1,052	1,492	1,492
Gain (Loss) On Sale Of Assets			—			1,568	744	63	42	25	25
Asset Writedown	—	—	—	—	—	-719	—	—	—	—	—
EBT, Incl. Unusual Items						50,578	59,529	74,521	64,455	32,244	34,313
Income Tax Expense						11,604	15,999	18,220	15,885	8,276	8,733
Earnings From Continuing Operations						38,974	43,530	56,301	48,570	23,968	25,580
Minority Interest						1,356	750	-640	-257	-390	-412
Net Income						40,330	44,280	55,661	48,313	23,578	25,168
Net Income to Common Incl Extra Items						40,330	44,280	55,661	48,313	23,578	25,168
Net Income to Common Excl. Extra Items						40,330	44,280	55,661	48,313	23,578	25,168
Total Shares Outstanding						871.5	874	877.6	879.9	882.5	885.1
Weighted Avg. Shares Outstanding						872.7	874.4	879	882.2	884.3	884.7
Weighted Avg. Shares Outstanding Dil						879.6	882.2	886.2	885.8	887.2	887.6
EPS						46.2	50.6	63.3	54.8	26.7	28.4
EPS Diluted						45.8	50.2	62.8	54.5	26.6	28.4
EBITDA						53,180	63,950	75,392	75,065	44,753	46,590.8
Effective Tax Rate						22.9%	26.9%	24.4%	24.6%	25.7%	25.5%