Tech Mahindra has reported a strong performance for the financial year ending March 31, 2026, with revenue reaching ₹56,815 crore, a 7.2% year-over-year increase. The company’s EBIT rose significantly by 39.2% to ₹7,152 crore. Reflecting disciplined capital allocation, the Board has recommended a final dividend of ₹36 per share, bringing the total dividend for the fiscal year to an all-time high of ₹51 per share.
Annual Financial Performance
For the fiscal year ended March 31, 2026, Tech Mahindra demonstrated robust operational growth. The company achieved consolidated revenue of ₹56,815 crore, marking a 7.2% improvement compared to the previous year. Profitability also saw significant expansion, with EBIT reaching ₹7,152 crore—a strong 39.2% growth over the last fiscal year. The Profit After Tax (PAT) for the year stood at ₹4,811 crore, up by 13.2%.
Quarterly Highlights
In the fourth quarter (Jan-Mar 2026), the company posted revenue of ₹15,076 crore, reflecting a 4.7% growth sequentially and 12.6% year-over-year. The EBIT for the quarter was reported at ₹2,084 crore, up 10.2% quarter-over-quarter. New deal wins remained a focal point, with Total Contract Value (TCV) reaching $1,073 million for the quarter, contributing to a record $3,794 million for the full fiscal year.
Record Dividend Payout
The Board of Directors has recommended a final dividend of ₹36 per equity share, subject to shareholder approval at the upcoming Annual General Meeting. When added to the interim dividend of ₹15 per share paid in November 2025, the total dividend for FY26 reaches ₹51 per share, representing a 1,020% payout on the face value of ₹5 per share. The company has fixed July 3, 2026, as the record date for the final dividend entitlement.
Strategic Growth and Outlook
Management emphasized that FY26 marked the successful conclusion of the company’s transformation stabilization phase, noting margin expansion for the 10th consecutive quarter. The company continues to pivot toward an AI-led operating model, securing large multi-year deals in the telecommunications and enterprise sectors. Key partnerships with global leaders like Microsoft, NVIDIA, and FICO are intended to accelerate adoption of agentic AI and cloud-native solutions, positioning the firm for continued momentum into FY27.
Source: BSE
