Are you planning to invest in Tech Mahindra for the long term? If yes, then this blog is just for you. Today, we’ll explore the Tech Mahindra share price targets from 2025, 2030, 2040 to 2050 in detail. Along with that, you’ll also get valuable insights into the company’s fundamentals, technical analysis, and expert forecasts.
This blog will help you understand whether Tech Mahindra is a smart long-term investment and give you all the key information you need before making a decision.
About Tech Mahindra
Tech Mahindra is an Indian IT company that was established on October 24, 1986, in collaboration with British Telecom. Initially, the company was named Mahindra British Telecom, but it was later renamed to Tech Mahindra.
The company provides IT services such as software development and business solutions. It operates across various sectors like telecommunications, banking, manufacturing, and healthcare. Tech Mahindra has more than 1.5 lakh (150,000) employees working globally.
The company focuses on digital technologies like Artificial Intelligence (AI), Cloud Computing, Data Analytics, and Cyber Security. Its clients come from different countries around the world, including the US, Europe, the Middle East, and Asia, and it works with several major global companies.
Tech Mahindra Fundamental Analysis
Tech Mahindra has a market capitalization of ₹1,29,320 crore, which classifies it as a large-cap company. The stock currently has a P/E ratio of 34.5, compared to the industry average of 26.3, indicating that the stock is overvalued.
The company’s Return on Capital Employed (ROCE) is 11.9% and Return on Equity (ROE) is 8.63%, which are relatively low compared to other companies in the IT sector. The Earnings Per Share (EPS) stands at ₹38.9. The company has very low debt, with a debt-to-equity ratio of just 0.08, amounting to a total debt of ₹2,035 crore.
Tech Mahindra offers a good dividend yield of 3.03%, reflecting its commitment to rewarding shareholders. The company’s sales have been steadily increasing, with a 5-year sales growth of 49.65%. However, the company’s profit was not strong in 2024, but there is potential for improvement in 2025.
Tech Mahindra Financial Performance
| Metric | Value |
|---|---|
| Market Cap | ₹1,29,320 Cr. |
| Stock PE | 34.5 |
| Industry PE | 26.3 |
| ROCE (Return on Capital Employed) | 11.9% |
| ROE (Return on Equity) | 8.63% |
| EPS (Earnings Per Share) | ₹38.9 |
| Debt to Equity | 0.08 |
| Total Debt | ₹2,035 Cr. |
| Dividend Yield | 3.03% |
| Book Value | ₹270 |
| Face Value | ₹5.00 |
| Sales | ₹51,996 Cr. |
| 5 Year Sales Growth | 49.65% |
| Profit Before Tax | ₹3,224 Cr. |
| 5 Year Profit Growth | −41.82% |
Tech Mahindra Share Price History
| Time Period | Return |
|---|---|
| 1 Month | -16.77% |
| 6 Months | -23.26% |
| 1 Year | -1.82% |
| 5 Years | 127.81% |
| All Time Return | 820.38% |
Tech Mahindra’s share is currently trading at around ₹1,250. In the past six months, the stock has seen a significant decline, but this drop has been observed across the entire IT sector. However, over the last five years, the company has delivered a strong return of 127.81%.
Although the share price hasn’t risen rapidly, the company is known for offering good dividends. This, combined with its large-cap status, means that the stock generally provides stable and consistent returns rather than sharp price movements.
Tech Mahindra Share Price Target by Brokerage
| Date | Brokerage | Target Price (₹) |
|---|---|---|
| 20 Jan 2025 | KRChoksey | 1801.00 |
| 19 Jan 2025 | IDBI Capital | 1778.00 |
| 18 Jan 2025 | BOB Capital Markets Ltd | 1949.00 |
| 17 Jan 2025 | ShareKhan | 1950.00 |
| 17 Jan 2025 | Motilal Oswal | 1850.00 |
Tech Mahindra Share Price Target 2025
According to market experts, the price target for Tech Mahindra share in 2025 can range from ₹1232 to ₹1886, with the minimum price being ₹1232 and the maximum price reaching ₹1886. At the beginning of 2025, the IT sector was showing good performance, but now the share is witnessing a decline.
- At the beginning of 2025, Tech Mahindra share price can range from ₹1532 to ₹1786.
- By mid-2025, Tech Mahindra share price can range from ₹1352 to ₹1678.
- By the end of 2025, Tech Mahindra share price can range from ₹1567 to ₹1886.
| Month | Price Target |
|---|---|
| January 2025 | ₹1,796.00 |
| February 2025 | ₹1,753.45 |
| March 2025 | ₹1,562.91 |
| April 2025 | ₹1,441.36 |
| May 2025 | ₹1,477.82 |
| June 2025 | ₹1,389.27 |
| July 2025 | ₹1,466.73 |
| August 2025 | ₹1,562.18 |
| September 2025 | ₹1,623.64 |
| October 2025 | ₹1,785.09 |
| November 2025 | ₹1,815.55 |
| December 2025 | ₹1,886.00 |
Read Also: HDFC Bank Share Price Target 2025, 2030, 2035, 2040, to 2050
Tech Mahindra Share Price Target 2030
According to technical analysis, Tech Mahindra share price target in 2030 can range from a minimum of ₹4935 to a maximum of ₹5447. Tech Mahindra is focusing more on high-growth sectors like 5G, Healthcare, BFSI, and Automotive, which can lead to strong and rapid growth for the company in the future.
- At the beginning of 2030, Tech Mahindra share price can range from ₹4935 to ₹5042.
- By mid-2030, Tech Mahindra share price can range from ₹5137 to ₹5242.
- By the end of 2030, Tech Mahindra share price can range from ₹5316 to ₹5447.
| Month | Price Target |
|---|---|
| January 2025 | ₹4,935.00 |
| February 2025 | ₹4,978.00 |
| March 2025 | ₹5,021.00 |
| April 2025 | ₹5,064.00 |
| May 2025 | ₹5,107.00 |
| June 2025 | ₹5,150.00 |
| July 2025 | ₹5,193.00 |
| August 2025 | ₹5,236.00 |
| September 2025 | ₹5,279.00 |
| October 2025 | ₹5,322.00 |
| November 2025 | ₹5,384.50 |
| December 2025 | ₹5,447.00 |
Tech Mahindra Share Price Target 2035
In 2035, Tech Mahindra share price target can range between a minimum of ₹6432 to a maximum of ₹7896. Tech Mahindra is heavily investing in Artificial Intelligence, Machine Learning, and Automation technologies, which will help the company make its clients’ work faster and smarter.
- At the beginning of 2035, Tech Mahindra share price can range from ₹6432 to ₹6674.
- By mid-2035, Tech Mahindra share price can range from ₹6846 to ₹7256.
- By the end of 2035, Tech Mahindra share price can range from ₹7462 to ₹7896.
| Month | Price Target |
|---|---|
| January 2025 | ₹6,432.00 |
| February 2025 | ₹6,527.20 |
| March 2025 | ₹6,622.40 |
| April 2025 | ₹6,717.60 |
| May 2025 | ₹6,812.80 |
| June 2025 | ₹6,908.00 |
| July 2025 | ₹7,003.20 |
| August 2025 | ₹7,098.40 |
| September 2025 | ₹7,193.60 |
| October 2025 | ₹7,288.80 |
| November 2025 | ₹7,384.00 |
| December 2025 | ₹7,496.00 |
Tech Mahindra Share Price Target 2040
In 2040, Tech Mahindra share price target can range between a minimum of ₹8264 to a maximum of ₹10264, and both 5G technology and Cloud transformation can become the next growth engines for Tech Mahindra.
- At the beginning of 2040, Tech Mahindra share price can range from ₹8264 to ₹8638.
- By mid-2040, Tech Mahindra share price can range from ₹8974 to ₹9656.
- By the end of 2040, Tech Mahindra share price can range from ₹9710 to ₹10264.
| Month | Price Target |
|---|---|
| January 2025 | ₹8,264.00 |
| February 2025 | ₹8,402.00 |
| March 2025 | ₹8,540.00 |
| April 2025 | ₹8,678.00 |
| May 2025 | ₹8,816.00 |
| June 2025 | ₹8,954.00 |
| July 2025 | ₹9,092.00 |
| August 2025 | ₹9,230.00 |
| September 2025 | ₹9,368.00 |
| October 2025 | ₹9,506.00 |
| November 2025 | ₹9,644.00 |
| December 2025 | ₹10,264.00 |
Tech Mahindra Share Price Target 2045
In 2045, Tech Mahindra share price target can range between a minimum of ₹11344 to a maximum of ₹14370. The company is also partnering with several big companies like AWS, Microsoft Azure, and Google Cloud.
- At the beginning of 2045, Tech Mahindra share price can range from ₹11343 to ₹12160.
- By mid-2045, Tech Mahindra share price can range from ₹12389 to ₹13785.
- By the end of 2045, Tech Mahindra share price can range from ₹13896 to ₹14370.
| Month | Price Target |
|---|---|
| January 2025 | ₹11,344.00 |
| February 2025 | ₹11,537.00 |
| March 2025 | ₹11,730.00 |
| April 2025 | ₹11,923.00 |
| May 2025 | ₹12,116.00 |
| June 2025 | ₹12,309.00 |
| July 2025 | ₹12,502.00 |
| August 2025 | ₹12,695.00 |
| September 2025 | ₹12,888.00 |
| October 2025 | ₹13,081.00 |
| November 2025 | ₹13,274.00 |
| December 2025 | ₹14,370.00 |
Tech Mahindra Share Price Target 2050
In 2050, Tech Mahindra share price target can range from a minimum of ₹16681 to a maximum of ₹19118. Tech Mahindra has become a mature IT company, so instead of high-speed multibagger returns, it now holds more chances of giving steady and stable returns.
- Tech Mahindra share price target at the beginning of 2050 can range from ₹16681 to ₹17645.
- Tech Mahindra share price target by mid-2050 can range from ₹17247 to ₹18573.
- Tech Mahindra share price target by the end of 2050 can range from ₹18862 to ₹19118.
| Month | Price Target |
|---|---|
| January 2025 | ₹16,681.00 |
| February 2025 | ₹16,906.25 |
| March 2025 | ₹17,131.50 |
| April 2025 | ₹17,356.75 |
| May 2025 | ₹17,582.00 |
| June 2025 | ₹17,807.25 |
| July 2025 | ₹18,032.50 |
| August 2025 | ₹18,257.75 |
| September 2025 | ₹18,483.00 |
| October 2025 | ₹18,708.25 |
| November 2025 | ₹18,933.50 |
| December 2025 | ₹19,118.00 |
Read Also: Ircon Share Price Target 2025, 2026, 2030, 2040 to 2050
Tech Mahindra Share Price Target 2025-2050 List
| Year | Target Price Range |
|---|---|
| 2025 | ₹1,232 – ₹1,886 |
| 2026 | ₹2,257 – ₹2,451 |
| 2027 | ₹2,941 – ₹3,186 |
| 2028 | ₹3,463 – ₹3,782 |
| 2029 | ₹4,283 – ₹4,683 |
| 2030 | ₹4,935 – ₹5,447 |
| 2035 | ₹6,432 – ₹7,896 |
| 2040 | ₹8,264 – ₹10,264 |
| 2045 | ₹11,344 – ₹14,370 |
| 2050 | ₹16,681 – ₹19,118 |
Tech Mahindra Technical Analysis
Tech Mahindra Shareholding Pattern
| Date | Promoters | FIIs | DIIs | Government | Public | Others |
|---|---|---|---|---|---|---|
| Mar 2017 | 36.21% | 36.69% | 13.13% | 0.22% | 13.70% | 0.06% |
| Mar 2018 | 36.00% | 38.99% | 12.45% | 0.22% | 12.30% | 0.04% |
| Mar 2019 | 35.87% | 38.81% | 11.66% | 0.17% | 13.49% | 0.01% |
| Mar 2020 | 35.85% | 39.67% | 13.20% | 0.17% | 11.11% | 0.01% |
| Mar 2021 | 35.76% | 38.32% | 14.39% | 0.17% | 11.36% | 0.01% |
| Mar 2022 | 35.26% | 34.27% | 18.05% | 0.17% | 12.25% | 0.00% |
| Mar 2023 | 35.17% | 26.87% | 25.68% | 0.17% | 12.07% | 0.00% |
| Mar 2024 | 35.08% | 24.15% | 29.42% | 0.17% | 11.16% | 0.00% |
| Dec 2024 | 35.01% | 24.19% | 30.73% | 0.17% | 9.88% | 0.00% |
In Tech Mahindra’s shareholding pattern, the promoters are slightly reducing their stake, but not significantly. FIIs have reduced their shareholding quite a bit, while DIIs have increased their stake quite well. Public shareholding is also decreasing. Overall, the current shareholding pattern is going quite well.
Tech Mahindra Bullish & Bearish Cases
Bullish Cases (Why Tech Mahindra Stock Can Go Up)
- High Demand for Digital Services: Tech Mahindra is building a strong position in fast-growing areas like 5G, cloud, AI, and enterprise automation.
- Strong in Telecom Sector: Many telecom companies are investing heavily in 5G and digital infrastructure. Tech Mahindra provides IT services to these companies, which could lead to more business.
- New CEO Focused on Profit: The new CEO, Mohit Joshi (ex-Infosys), is strongly focused on improving profits through automation and efficient project delivery. This can boost the company’s overall profitability.
- Cheaper Compared to Peers: Tech Mahindra trades at a lower valuation compared to peers like TCS and Infosys, which makes it attractive for value investors.
- Consistent Dividends: Tech Mahindra has been paying dividends regularly since 2007, which benefits long-term investors and reflects financial strength.
Bearish Cases (Why Tech Mahindra Stock Can Go Down)
- Underperformance: In 2024, Tech Mahindra’s revenue and profit declined, while companies like TCS and Infosys reported growth. This shows weaker performance.
- Slow Margin Recovery: When new leadership comes in, it often takes time to improve margins and grow revenues, which may delay results.
- Economic Concerns: There are ongoing fears of recession and interest rate volatility in the US and Europe. If companies cut IT budgets, Tech Mahindra’s order inflow could be impacted.
- Dependence on Telecom Clients: Around 40% of Tech Mahindra’s revenue comes from the telecom sector. If this industry slows down, the company’s overall business may be affected.
- Currency Risk: Most of Tech Mahindra’s clients are based in the US and Europe, and they pay in dollars or euros. If the Indian Rupee becomes stronger, it could reduce the company’s earnings in rupees.
Final Thoughts on Tech Mahindra Share Price Target
You must have got the information about Tech Mahindra share price target from 2025 to 2050, and the company’s future share price has many chances of being stable and positive because before understanding any company, it is very important to look at its business, fundamentals, and technicals.
This gives overall information about the company and helps to know whether the company is strong or not. Although Tech Mahindra’s 2024 results were not good, if good results are seen in 2025, then a rise in the share price can be expected.
Disclaimer: We are not SEBI-registered advisors. The information on this website is only for learning and should not be taken as financial or investment advice. The stock market has risks, so always do your own research or talk to a financial expert before investing. All Target Price and its team are not responsible for any loss caused by the information on this website.
FAQs
What is future of Tech Mahindra?
Tech Mahindra’s future is going to be quite good because most of the company’s clients come from the USA and European countries. The company also holds a strong position in 5G, Cloud, AI, and Enterprise Automation.
Who is CEO of Tech Mahindra?
At present, the CEO of Tech Mahindra is Mohit Joshi, who previously worked at Infosys for 22.5 years, holding key leadership roles.
What is the long term target of Tech Mahindra share?
Tech Mahindra long-term targets are given here. According to our latest forecast, the share price target for 2025 is ₹1886, for 2026 is ₹2451, for 2027 is ₹3186, for 2028 is ₹3782, for 2029 is ₹4683, for 2030 is ₹5447, for 2035 is ₹7896, for 2040 is ₹10264, for 2045 is ₹14370, and for 2050 is ₹19118.
What is the price target for Mahindra in 2025?
According to experts, the price target for Tech Mahindra can go up to ₹1886 in 2025.
What is the share price target for Mahindra in 2030?
In 2030, Tech Mahindra share price target can go up to ₹5447.
What is the share price of Tech Mahindra in 2050?
In 2050, Tech Mahindra share price can go up to ₹19,118.
Is Tech Mahindra a good company?
Yes, Tech Mahindra is a good company, but its revenue and profit in the 2024 quarterly results were not very good. However, overall, the company’s fundamentals are quite strong.
Is Tech Mahindra better than Wipro?
Yes, Tech Mahindra is better than Wipro because Wipro has already become a very large company, which has slowed down its growth. On the other hand, Tech Mahindra is focused on futuristic sectors like Telecom, 5G, Automotive, BFSI, and AI/Cloud services, which is a strong positive point.
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