Tech Mahindra Limited has informed the Exchange regarding '39th Annual General Meeting of the Company is scheduled to be held on 17th July, 2026'.
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Tech Mahindra reported consolidated revenue of Rs. 568,154 million for FY2026, up 7.2% from Rs. 529,883 million in FY2025. Profit after tax grew 13% to Rs. 48,055 million from Rs. 42,530 million. EBITDA margin expanded from 10.65% to approximately 12.05%. The Board recommended a final dividend of Rs. 36 per share (720%), adding to the Rs. 15 interim dividend already paid, for a total FY26 dividend of Rs. 51 per share (1020%). Statutory auditors BSR & Co. LLP issued unmodified (clean) opinions on both standalone and consolidated results. An Emphasis of Matter was raised regarding Rs. 12,304 million in claims from 37 companies related to erstwhile Satyam Computer Services, which management believes will not be payable. An exceptional item of Rs. 2,724 million was recorded for employee benefit obligations under new labor codes. The 39th AGM is scheduled for July 17, 2026.
Solid operational performance with revenue and profit growth, margin expansion, and a clean audit opinion are positive signals. However, the Emphasis of Matter on Satyam-era claims and the exceptional charge add some uncertainty. The total dividend of Rs. 51 per share provides shareholder returns.