TECH MAHINDRA | L&T TECHNOLOGY SERVICES | TECH MAHINDRA/ L&T TECHNOLOGY SERVICES |
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P/E (TTM) | x | 51.2 | 42.5 | 120.5% | View Chart |
P/BV | x | 6.4 | 10.7 | 60.0% | View Chart |
Dividend Yield | % | 2.3 | 0.9 | 244.4% |
TECH MAHINDRA L&T TECHNOLOGY SERVICES |
EQUITY SHARE DATA | |||||
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TECH MAHINDRA Mar-24 |
L&T TECHNOLOGY SERVICES Mar-24 |
TECH MAHINDRA/ L&T TECHNOLOGY SERVICES |
5-Yr Chart Click to enlarge
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High | Rs | 1,416 | 5,675 | 25.0% | |
Low | Rs | 983 | 3,308 | 29.7% | |
Sales per share (Unadj.) | Rs | 589.2 | 913.5 | 64.5% | |
Earnings per share (Unadj.) | Rs | 27.2 | 123.7 | 22.0% | |
Cash flow per share (Unadj.) | Rs | 47.7 | 149.4 | 32.0% | |
Dividends per share (Unadj.) | Rs | 40.00 | 50.00 | 80.0% | |
Avg Dividend yield | % | 3.3 | 1.1 | 299.6% | |
Book value per share (Unadj.) | Rs | 298.7 | 495.3 | 60.3% | |
Shares outstanding (eoy) | m | 882.52 | 105.61 | 835.6% | |
Bonus / Rights / Conversions | 0 | 0 | - | ||
Price / Sales ratio | x | 2.0 | 4.9 | 41.4% | |
Avg P/E ratio | x | 44.2 | 36.3 | 121.6% | |
P/CF ratio (eoy) | x | 25.1 | 30.1 | 83.6% | |
Price / Book Value ratio | x | 4.0 | 9.1 | 44.3% | |
Dividend payout | % | 147.3 | 40.4 | 364.4% | |
Avg Mkt Cap | Rs m | 1,058,564 | 474,352 | 223.2% | |
No. of employees | `000 | NA | NA | - | |
Total wages/salary | Rs m | 291,283 | 49,298 | 590.9% | |
Avg. sales/employee | Rs Th | 0 | 0 | - | |
Avg. wages/employee | Rs Th | 0 | 0 | - | |
Avg. net profit/employee | Rs Th | 0 | 0 | - |
INCOME DATA | |||||
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Net Sales | Rs m | 519,955 | 96,473 | 539.0% | |
Other income | Rs m | 9,590 | 2,188 | 438.3% | |
Total revenues | Rs m | 529,545 | 98,661 | 536.7% | |
Gross profit | Rs m | 44,747 | 19,075 | 234.6% | |
Depreciation | Rs m | 18,171 | 2,716 | 669.0% | |
Interest | Rs m | 3,922 | 509 | 770.5% | |
Profit before tax | Rs m | 32,244 | 18,038 | 178.8% | |
Minority Interest | Rs m | 0 | 0 | - | |
Prior Period Items | Rs m | 0 | 0 | - | |
Extraordinary Inc (Exp) | Rs m | 0 | 0 | - | |
Tax | Rs m | 8,276 | 4,975 | 166.4% | |
Profit after tax | Rs m | 23,968 | 13,063 | 183.5% | |
Gross profit margin | % | 8.6 | 19.8 | 43.5% | |
Effective tax rate | % | 25.7 | 27.6 | 93.1% | |
Net profit margin | % | 4.6 | 13.5 | 34.0% |
BALANCE SHEET DATA | |||||
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Current assets | Rs m | 234,253 | 62,303 | 376.0% | |
Current liabilities | Rs m | 126,166 | 25,371 | 497.3% | |
Net working cap to sales | % | 20.8 | 38.3 | 54.3% | |
Current ratio | x | 1.9 | 2.5 | 75.6% | |
Inventory Days | Days | 51 | 73 | 70.5% | |
Debtors Days | Days | 80 | 82 | 97.0% | |
Net fixed assets | Rs m | 185,587 | 22,528 | 823.8% | |
Share capital | Rs m | 4,413 | 212 | 2,081.6% | |
"Free" reserves | Rs m | 259,236 | 52,098 | 497.6% | |
Net worth | Rs m | 263,649 | 52,310 | 504.0% | |
Long term debt | Rs m | 1,025 | 0 | - | |
Total assets | Rs m | 419,840 | 84,831 | 494.9% | |
Interest coverage | x | 9.2 | 36.4 | 25.3% | |
Debt to equity ratio | x | 0 | 0 | - | |
Sales to assets ratio | x | 1.2 | 1.1 | 108.9% | |
Return on assets | % | 6.6 | 16.0 | 41.5% | |
Return on equity | % | 9.1 | 25.0 | 36.4% | |
Return on capital | % | 13.7 | 35.5 | 38.5% | |
Exports to sales | % | 0 | 0 | - | |
Imports to sales | % | 0 | 0 | - | |
Exports (fob) | Rs m | NA | NA | - | |
Imports (cif) | Rs m | NA | NA | - | |
Fx inflow | Rs m | 393,604 | 70,864 | 555.4% | |
Fx outflow | Rs m | 259,975 | 36,044 | 721.3% | |
Net fx | Rs m | 133,629 | 34,820 | 383.8% |
CASH FLOW | |||||
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From Operations | Rs m | 63,764 | 14,928 | 427.1% | |
From Investments | Rs m | -13,137 | -2,333 | 563.1% | |
From Financial Activity | Rs m | -47,672 | -6,579 | 724.6% | |
Net Cashflow | Rs m | 2,908 | 6,016 | 48.3% |
Indian Promoters | % | 35.0 | 73.7 | 47.5% | |
Foreign collaborators | % | 0.0 | 0.0 | - | |
Indian inst/Mut Fund | % | 54.7 | 18.1 | 302.8% | |
FIIs | % | 23.7 | 4.4 | 544.1% | |
ADR/GDR | % | 0.0 | 0.0 | - | |
Free float | % | 65.0 | 26.3 | 246.9% | |
Shareholders | 774,997 | 236,000 | 328.4% | ||
Pledged promoter(s) holding | % | 0.0 | 0.0 | - |
Compare TECH MAHINDRA With: INFOSYS TCS WIPRO HCL TECHNOLOGIES LTIMINDTREE
No comparison is complete without understanding how the stock prices have performed over a period of time.
Here's a brief comparison:
Period | Tech Mahindra | L&T TECHNOLOGY SERVICES | S&P BSE IT |
---|---|---|---|
1-Day | 1.36% | 2.04% | 1.37% |
1-Month | 1.67% | 2.10% | 1.77% |
1-Year | 41.90% | 15.42% | 27.04% |
3-Year CAGR | 3.87% | -0.47% | 6.73% |
5-Year CAGR | 17.98% | 29.14% | 23.14% |
* Compound Annual Growth Rate
Here are more details on the Tech Mahindra share price and the L&T TECHNOLOGY SERVICES share price.
Moving on to shareholding structures...
The promoters of Tech Mahindra hold a 35.0% stake in the company. In case of L&T TECHNOLOGY SERVICES the stake stands at 73.7%.
To review how promoter stakes have changed over time, and how much of the promoter stake is pledged, please see the shareholding pattern of Tech Mahindra and the shareholding pattern of L&T TECHNOLOGY SERVICES.
Finally, a word on dividends...
In the most recent financial year, Tech Mahindra paid a dividend of Rs 40.0 per share. This amounted to a Dividend Payout ratio of 147.3%.
L&T TECHNOLOGY SERVICES paid Rs 50.0, and its dividend payout ratio stood at 40.4%.
You may visit here to review the dividend history of Tech Mahindra, and the dividend history of L&T TECHNOLOGY SERVICES.
For a sector overview, read our software sector report.
Asian markets traded higher on Friday, following the overnight rally on Wall Street, and the release of economic data in the region.