Tech Mahindra

5 IT businesses that look cheap to buy today

Successful investors are known for deploying their capital into the opportunities which are capable of producing favourable returns over time. Value investing is also of similar concept, where investor buys the securities for less than what they are worth. The concept is simple but it is not easy. Why? Because most of the time […]

By |August 29th, 2016|Uncategorized|2 Comments|

Tech Mahindra: Q1 – 2017

Tech Mahindra reported its first quarter 2017 results yesterday and they look like this:

Tech Mahindra
Q1 – 2017
Q4 – 2016
Q1 – 2016
% change Q-Q
% change Y-Y

Revenues
6,920.93
6,883.73
6,293.82
0.54%
9.96%

EBIT
1,073.07
1,093.94
857.03
-1.91%
25.21%

EBIT Margin
15.50%
15.89%
13.62%
-0.39 Bpt
1.88 Bpt

Net Profits
750.11
858.10
622.50
-12.58%
20.50%

 

Tech Mahindra’s year-on-year basis results look okay, Revenues jumped up 10%, EBIT margins improved by 1.88 basis points and profits climbed up by 21%. The revenue […]

By |August 2nd, 2016|Q1 - 2017|0 Comments|

Spectrum of valuations

Few weeks back we wrote about how to value any business and what different models are available to value them (click here to read). Of course, there was no perfect answer to which model to use to value any business, but we concluded that post by showing the importance of right variables to punch […]

Wrap Up – 2013 -14 – Q4 and full year – Part One

Almost all the listed businesses on National Stock market had reported their last quarter and yearly reports for their businesses. Overall, we did not have any surprises, either bad or good and all of them were to the mark of many analysts’ expectations. I thought to share with you all one of the exercise […]