AI Summary
✦ ClarthaPrice Forecast
Probabilistic Range
Probabilistic lognormal cone using 1Y realized volatility and analyst-target drift when available.
Revenue Forecast
₹ CrEPS Forecast
₹ / shareMulti-factor synthesis of 5 key dimensions
From 40 analysts
Fundamentals
Fundamentals institutional score is 57 using growth durability 56.6.
Valuation
Valuation institutional score is 34 using relative multiple z-scores where peer dispersion is available.
Analyst Consensus
Analyst View institutional score is 36 using mean target upside -1.4%; dispersion penalty 21.5; recommendation breadth from available consensus.
Technical Structure
Technicals institutional score is 75 using EMA-20 continuation within 5% tolerance; VCP range/volume contraction proxy.
Market Sentiment
Recent news flow is balanced or not decisive enough to tilt the tape. Based on 8 recent ticker-linked news items.
Signal Summary
Market intelligence remains Mixed. technical structure provide support, while valuation and analyst consensus remain considerations.
Composite weights: Fundamentals 25%, Valuation 20%, Analyst Consensus 20%, Technical Structure 20%, Market Sentiment 15%.
Key Data Points
Important Note: This is market intelligence, not investment advice. Always conduct your own research and consider your financial goals and risk tolerance.
Valuation Metrics
Trading 16.5% above historical median. Valuation is stable — currently in the strongly overvalued zone (z-score: +1.48). Confidence: 87%.
Live forward EPS implies next-12-month EPS of ₹86.87. Applying the stock's normalized valuation corridor produces a fair range of ₹1,828.61 to ₹2,303.79, with base value near ₹2,116.15 (+28.8% vs current price).
Live forward estimate anchored to the company's historical valuation corridor.
Forward EPS
₹86.87
Forward P/E
18.9x
Base Fair Value
₹2,116.15
Fair Range
₹1,828.61 - ₹2,303.79
Upside To Base
+28.8%
Estimate Source
Live forward EPS
Growth Estimate
+28.3%
5Y Average
21.74
Current
28.39
Overvalued
26.52
Undervalued
21.05
5Y Average
1.88
Current
2.46
Overvalued
2.17
Undervalued
1.60
5Y Average
11.53
Current
15.06
Overvalued
13.29
Undervalued
9.43
Peers & Comparison
Sector: Information Technology · Theme: IT Services & Consulting
| Company | Rev. Growth | Margin | P/E | vs Avg | 52W Perf. |
|---|---|---|---|---|---|
MPHASIS LIMITED MPHASISIT Services & Consulting | +17.5% | 11.6% | 25.0x Fair | +11% vs avg | -6.1% |
WIPRO LTD WIPROIT Services & Consulting | +10.6% | 13.9% | 14.8x Undervalued | -34% vs avg | -23.3% |
INFOSYS LIMITED INFYIT Services & Consulting | +2.9% | 16.4% | 15.3x Undervalued | -32% vs avg | -16.9% |
COFORGE LIMITED COFORGEIT Services & Consulting | +49.9% | 9.6% | 36.4x Premium | +62% vs avg | +12.2% |
HCL TECHNOLOGIES LTD HCLTECHIT Services & Consulting | +3.0% | 13.0% | 21.2x Fair | -6% vs avg | -8.8% |
TECH MAHINDRA LIMITED trades at a premium (28.4x vs peer avg 22.5x), implying higher growth or quality expectations from the It Services & Consulting cohort. Peers include MPHASIS LIMITED, WIPRO LTD, INFOSYS LIMITED — selected based on business model, industry classification, market cap similarity, and business theme alignment.
Financials
Real statement data for revenue, earnings quality, conversion, and balance-sheet coverage. Monetary values are shown in Rs crore.
Latest revenue
₹12.96K CrMar 2026Latest net profit
₹1.12K CrMar 2026Latest EPS
₹5.52Mar 2026Net margin
11.4%Mar 2026Performance
Bars show revenue and net profit. The line shows net margin.
- Revenue
- Net income
- Net margin %
Earnings
Revenue is shown in crores. EPS is rupees per share.
- Revenue
- EPS
Revenue to profit conversion
Bridge from operating numbers to profit for the latest reported period.
Latest reported period: Mar 2026
Debt level and coverage
Debt, cash and free cash flow compared on the same crore scale.
- Debt
- Free cash flow
- Cash & equivalents
Results
| Metric | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 10,938 | 10,697 | 10,440 | 10,699 | 10,584 | 10,780 | 11,077 | 11,176 | 11,584 | 11,595 | 12,068 | 12,308 | 12,956 |
| Expenses | 9,761 | 9,911 | 9,899 | 10,089 | 9,735 | 9,777 | 10,031 | 9,999 | 10,371 | 10,178 | 10,511 | 10,646 | 11,249 |
| Operating Profit | 975 | 582 | 335 | 402 | 635 | 793 | 834 | 960 | 996 | 1,206 | 1,344 | 1,443 | 1,477 |
| OPM % | 8.91% | 5.44% | 3.2% | 3.76% | 6% | 7.35% | 7.53% | 8.59% | 8.6% | 10.4% | 11.13% | 11.73% | 11.4% |
| Other Income | 79.6 | 201 | 514 | 258 | 198 | 125 | 420 | 175 | 163 | 394 | 246 | 135 | — |
| Interest | 56.9 | 54.3 | 57.7 | 76.5 | 60.2 | 51.6 | 66 | 59.8 | 61.2 | 58.8 | 56.6 | 72.5 | 73.6 |
| Depreciation | 202 | 205 | 206 | 208 | 213 | 211 | 212 | 217 | 216 | 211 | 213 | 219 | 230 |
| Profit before tax | 998 | 729 | 790 | 583 | 773 | 866 | 1,188 | 1,075 | 1,098 | 1,541 | 1,533 | 1,506 | 1,403 |
| Tax % | 18.77% | 23.21% | 11.31% | 11.32% | 26.26% | 24.14% | 30.13% | 20.17% | 18.85% | 23.54% | 23.33% | 19.72% | 20.45% |
| Net Profit | 810 | 560 | 701 | 517 | 570 | 657 | 830 | 858 | 891 | 1,178 | 1,176 | 1,209 | 1,116 |
| EPS in Rs | 6.93 | 5.72 | 5.68 | 5.28 | 4.91 | 6.71 | 13.07 | 8.76 | 7.25 | 12.02 | 11.99 | 9.83 | 5.52 |
All values in Rs. Crore unless otherwise stated. Source: CMIE Prowess, Quarterly Interim Standalone.