TECHM

What Tech Mahindra promised, and what happened

Every commitment management made on a call, tracked from the quarter it was made — reaffirmed, revised, diluted or quietly dropped.

Guidance record · Q1 FY27

what the last two calls moved 10 tracked 3 delivered 1 missed 6 open
  • Quarterly Deal Wins (TCV) delivered said Q4 FY25 Promised: $600 to $800 million ongoing Q1 FY27: TCV was $1,078 million, significantly exceeding the high end of the guided range for the third consecutive quarter.
  • Delayed BPS Deal Resolution went quiet said Q4 FY25 Promised: will get regularized in the next few months Q1 FY27: No mention. The topic has been abandoned by management.
  • EBIT Margin on track said Q4 FY25 Promised: 15 percent by FY27 Q1 FY27: Reaffirmed target of 15% for FY27. Q1 margin reached 14.4%, up 60 bps QoQ, showing strong progress towards the goal.

The rest of the ledger

Above is what the last two calls moved. Pro opens all 10 tracked commitments for Tech Mahindra — every quarter's revision, the source quote behind each one, and the topics management has stopped answering.

See what Pro opens