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Tech Mahindra Annual Report Analysis - Repair Phase Is Over, Now In Rally Phase: Prabhudas Lilladher

Tech Mahindra Annual Report Analysis - Repair Phase Is Over, Now In Rally Phase: Prabhudas Lilladher

Employees walk past singage Tech Mahindra Ltd. outside one of the company's office buildings in the Electronic City area of Bengaluru, India. (Photographer: Dhiraj Singh/Bloomberg)
Employees walk past singage Tech Mahindra Ltd. outside one of the company's office buildings in the Electronic City area of Bengaluru, India. (Photographer: Dhiraj Singh/Bloomberg)

BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.

Prabhudas Lilladher Report

Tech Mahindra Ltd.'s annual report titled 'Nxt.Now – Experience the future now' outlines its strategy to enable clients experience the future of technology now.

We believe Tech Mahindra has rightly identified gaps and has set on path to transform itself:

In ‘repair phase’ (till FY21) it has identified strategic growth areas and is re-aligning itself to bring back growth focus. It has significantly improved its profitability too (Ebit margin of 10% in Q4 FY20 to 16.5% in Q4 FY21).

In the ‘rally phase’ (FY22) it aims to expand wallet share across clients as well as improve margins.

Click on the attachment to read the full report:

Prabhudas Lilladher Tech Mahindra Annual Report Update.pdf

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