Tech Mahindra Analyst Meet Update - Rapidly Building Scale, Momentum: Prabhudas Lilladher
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Prabhudas Lilladher Report
Tech Mahindra Ltd. aspires to achieve industry leading growth by investing in four big bets:
connectivity (best invested in connectivity space),
experience (customer experience deal bookings worth $567 million in H1 FY22 with highest ever deal pipeline),
cloud (cloud has grown two times YoY from $300 million to $600 million) and
Tech Mahindra’s manufacturing, hi-tech and banking, financial services and insurance verticals are trending towards $1 billion revenue in FY22.
Investments in 5G are back with globally $130 billion invested in 5G core network. 5G for communication service providers and 5G for ecosystem has already started firing for Tech Mahindra.
5G for Enterprise will grow in next two years. 5G revenue run-rate for the company was ~$500 million by Q2 FY22.
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