Tech Mahindra Limited has informed the Exchange regarding Board meeting held on April 24, 2025.
TECHM · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 2.1 pts more than Nifty 100 and 3.4 pts more than its Computers - Software & Consulting peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
Tech Mahindra's Board approved audited consolidated results for FY25 with revenue from operations at Rs 5,29,883 million, up about 1.9% from Rs 5,19,955 million in FY24. Profit after tax jumped sharply to Rs 42,530 million from Rs 23,968 million in FY24 — a rise of roughly 77%, helped by a one-time gain of Rs 4,502 million from the sale of a property. Basic EPS for the year stood at Rs 48.00 versus Rs 26.66 last year. The Board recommended a final dividend of Rs 30 per share (600%), taking total FY25 dividend to Rs 45 per share (900%) including the interim dividend. The Board also approved merging three wholly-owned subsidiaries — Zen3 Infosolutions, Tech Mahindra Enterprise Services, and Begig Private Limited — into the company from April 1, 2025, and appointed Makarand M. Joshi & Co. as Secretarial Auditor for five years. Statutory auditor BSR & Co. LLP issued an unmodified opinion but flagged an Emphasis of Matter relating to legacy 'alleged advances' of Rs 12,304 million from the erstwhile Satyam case.
The big jump in FY25 profit is largely flattered by the property sale gain, so underlying earnings growth is more modest. The strong 900% total dividend payout is a clear positive for income-seeking shareholders. The merger of wholly-owned subsidiaries simplifies the group structure with no change in shareholding. The Satyam-related Emphasis of Matter is an old, disclosed overhang and not a new concern for investors.