Tech Mahindra (TECHM) Investor Presentation summary

Strategic aspirations and financial goals

• Aims to complete turnaround by FY27, targeting profitable and sustainable growth above peer average.

• Expects approximately 1.3x revenue growth from FY20 to FY27.

• FY27 goals include topline growth above peer average, 15% EBIT margin, over 30% ROCE, and returning more than 85% of FCF to shareholders.

• Focus on consistent policy of high cash returns to shareholders and margin expansion.

Growth and operations strategy

• Prioritizes narrowing the growth gap with peers through verticalized sales and large deal wins, especially in BFSI, retail, logistics, and healthcare.

• Accelerates revenue growth and margin expansion through integration of portfolio companies and cost-saving initiatives like Project Fortius.

• High-growth service lines include engineering services, cloud, data & AI, and consulting.

• Delivery excellence and productivity gains drive consistent margin expansion toward FY27 targets.

Innovation, AI, and technology leadership

• Launched comprehensive GenAI studio and developed LLM from scratch in 2024.

• Introduced TechM Orion, a platform for Agentic AI development, set for July 2025.

• Recognized as an emerging leader in Gartner GenAI Services and selected for major government and WEF AI initiatives.