Tech Mahindra reported strong financial results for the year ended March 31, 2026, with a consolidated annual profit of ₹4,811 crore, reflecting a 13.2% growth. The board has recommended a record final dividend of ₹36 per share, bringing the total dividend for the year to ₹51 per share. The company achieved its highest-ever annual deal wins, totaling $3,794 million, marking a significant 41.6% increase over the previous year.
Annual Financial Highlights
For the financial year 2026, Tech Mahindra reported consolidated revenue of ₹56,815 crore, representing a growth of 7.2% year-over-year. The company’s annual EBIT grew substantially by 39.2% to reach ₹7,152 crore. This performance marks the successful conclusion of the company’s ‘Stabilization Phase’ and underscores a disciplined approach to operational efficiency and capital allocation.
Record-Breaking Performance in Q4
In the fourth quarter (January-March 2026), the company posted revenue of ₹15,076 crore, up 4.7% sequentially and 12.6% year-over-year. Profit after tax for the quarter stood at ₹1,354 crore, rising 16.0% compared to the same period last year. Notably, the EBIT margin for the quarter improved to 13.8%, reflecting a steady upward trajectory in profitability.
Highest Ever Deal Wins
Tech Mahindra concluded FY26 with a robust order book, securing $3,794 million in total contract value (TCV) for the year. This achievement is attributed to strong client confidence, especially in large-scale AI-led transformation projects. The company’s focus on embedding generative AI across its service offerings—including Agentic AI platforms and IndusLLM—has played a crucial role in securing these multi-year engagements across key sectors such as telecommunications and automotive manufacturing.
Shareholder Returns and Dividend
Reflecting its commitment to delivering shareholder value, the board has recommended a final dividend of ₹36 per equity share, subject to approval at the 39th Annual General Meeting scheduled for July 17, 2026. When combined with the interim dividend of ₹15 per share paid in November 2025, the total dividend payout for the year amounts to ₹51 per share, representing a 1020% return on the face value of the shares.
Strategic Outlook
Management emphasized that the company is accelerating its transition into an AI-led organization. With a focus on disciplined scaling and the successful integration of its portfolio companies, Tech Mahindra remains on track to meet its FY27 commitments. The business environment continues to be supported by the growing demand for digital resilience and the company’s continued leadership in sustainability initiatives.
Source: BSE
