Dividend Alert! IT firm declares 720% cash reward with Q4 results - Check record date

Tech Mahindra on Wednesday announced a final dividend of Rs 36 per equity share for the financial year ended March 31, 2026, taking the total dividend payout for the year to Rs 51 per share, the highest ever for the company.

The company said the final dividend of Rs 36 per share, which is 720 per cent on the face value of Rs 5 each, is subject to approval of shareholders at the upcoming Annual General Meeting (AGM). This is in addition to the interim dividend of Rs 15 per share, or 300 per cent, which was paid in November 2025.

With this, the total dividend for FY26 stands at Rs 51 per equity share, translating to 1,020 per cent on the face value of Rs 5 each, subject to approval of the final dividend.

Tech Mahindra Dividend Record Date

The company has fixed July 3, 2026, as the record date for determining the eligibility of shareholders for the final dividend. The register of members and share transfer books will remain closed from July 1 to July 3, 2026, both days inclusive, for dividend payment and AGM.

Tech Mahindra Dividend Payout Date

The company said that if approved, the final dividend will be paid on or before August 14, 2026, to eligible shareholders. This includes beneficial owners whose names appear in the records of depositories at the end of business hours on the record date, as well as shareholders whose names appear in the register of members after giving effect to valid share transfer requests.

Tech Mahindra FY26 Results

Alongside the dividend announcement, Tech Mahindra reported its financial results for the March quarter and full financial year.

For FY26, the company reported revenue of Rs 56,815 crore, up 7.2 per cent year-on-year. Earnings before interest and tax (EBIT) rose 39.2 per cent to Rs 7,152 crore, while profit after tax (PAT) increased 13.2 per cent to Rs 4,811 crore.

In dollar terms, revenue stood at USD 6,385 million, up 1.9 per cent year-on-year in reported terms and 0.6 per cent in constant currency. EBIT was reported at USD 797 million, up 31.4 per cent, while PAT came in at USD 537 million, up 7 per cent.

Also Read: Tech Mahindra Q4 Results: PAT rises 21% sequentially to Rs 1,354 crore, revenue meets mark

Tech Mahindra Q4 Revenue and Profit

For the March quarter, revenue stood at Rs 15,076 crore, up 4.7 per cent sequentially and 12.6 per cent year-on-year. EBIT rose 10.2 per cent quarter-on-quarter and 48.3 per cent year-on-year to Rs 2,084 crore.

Quarterly PAT stood at Rs 1,354 crore, up 16 per cent year-on-year. Diluted earnings per share for the quarter were reported at Rs 15.24.

In dollar terms, quarterly revenue was USD 1,625 million, up 0.9 per cent sequentially and 4.9 per cent year-on-year in reported terms. EBIT rose 5.5 per cent sequentially and 36.3 per cent year-on-year to USD 223 million.

Tech Mahindra Deal Wins

The company reported new deal wins with a total contract value of USD 3,794 million for the full year, up 41.6 per cent year-on-year. For the quarter, new deal wins stood at USD 1,073 million, up 34.5 per cent year-on-year. Free cash flow for the year was reported at USD 616 million.

Tech Mahindra Headcount

Total headcount stood at 147,623 at the end of the quarter, down by 1,108 compared to the previous year. Attrition in the IT segment was reported at 12.1 per cent on a last twelve-month basis.

Cash and cash equivalents at the end of the quarter stood at Rs 8,456 crore, while days sales outstanding were reported at 89 days.

Tech Mahindra Stock Performance

Shares of Tech Mahindra were trading at Rs 1,449.55, down Rs 50.80 or 3.39 per cent. The stock is down 1.34 per cent in the last week and has fallen 8.94 per cent year-to-date (YTD), indicating overall weakness so far in 2026.

Over the last year, however, the stock has gained 6.35 per cent, showing some recovery despite recent pressure. In the short term, it has also risen 5.71 per cent in one month, suggesting intermittent buying interest.

The stock is currently trading near Rs 1,449.55, compared to its 52-week high of Rs 1,854 (hit on February 3, 2026). From that peak, the stock has corrected by around 22 per cent.

At the lower end, the stock had touched a 52-week low of Rs 1,303 (April 21, 2025). From that level, it is still up about 11 per cent, indicating partial recovery over the longer term.

The company’s market capitalisation stands at around Rs 1.42 lakh crore, reflecting its large-cap status in the IT sector.

Tech Mahindra Dividend History

The company has maintained a steady dividend payout track record over the years. It declared a dividend of Rs 15 on October 20, 2025, followed by Rs 30 on July 4, 2025. Earlier, it had paid Rs 15 on October 31, 2024, and Rs 28 on July 19, 2024. In 2023, the company announced a dividend of Rs 12 on November 2.

On the bonus front, the company last issued a bonus share in a 1:1 ratio on March 19, 2015, indicating that shareholders received one additional share for every one share held.