SNOPSHOT:

Date of Establishment

24-10 1986

Revenue

2986.47 ( USD in Millions )

Market Cap

541699.9949036 ( Rs. in Millions )

Corporate Address

Gateway Building,Apollo Bunder, Mumbai-400001,

Maharashtra
www.techmahindra.com

Management Details
Chairperson - Anand G Mahindra
MD - CP Gurnani
Directors - V S Parthasarathy, Ulhas N Yargop, TN
Manoharan, Ravindra Kulkarni, M Rajyalakshmi Rao, M
Damodaran, Anupam Puri

Business Operation

IT Software

Background
Tech Mahindra incorporated in 1986 offers Information
Technology (IT) services and solution to telecommunications
sector across the world.
Tech Mahindra is part of the $12.5 billion Mahindra Group, in
partnership with British Telecommunications plc (BT), one of
the worlds leading communications service providers. Focused
primarily on the telecommunications industry, Tech Mahindra is
a leading global systems integrator and business
transformation consulting organization. Tech Mahindra has
recently expanded its IT portfolio by acquiring the leading
global business and information technology services company,
Mahindra Satyam (earlier known as Satyam Computer
Services).

Financials

Total Income - Rs. 196391 Million ( year ending Mar 2015)

Net Profit - Rs. 22562 Million ( year ending Mar 2015)

Company Secretary
Bankers

G Jayaraman
HDFC Bank, ICICI Bank, Kotak Mahindra Bank, Standard
Chartered Bank, Axis Bank, HSBC Bank, Citi Bank, BNP
Paribas

Auditors

Deloitte Haskins & Sells LLP

Implementation

16 Greenfield Operations, 128 active customer engagements in

Telecom Sector and involved in 8 transformation programs of

incumbent telecom operators.

ISO

ISO 9001:2000, ISO/IEC 20000-1:2005, ISO/IEC 27001:2005,

SEI-CMMI Level 5 P-CMM Level 5 and SSE-CMM Level 3.

Clients

Companies like British Telecom (BT), AT&T, Motorola and

Alcatel-Lucent are among others. BT is largest client that
contributes 60% to its revenues.

Services

IT Services- It offers various services such as solution

integration, application development and management,
consulting, application management, infrastructure
management, and revenue management services.
Research and Development services- It provides
technological solutions such as software development, testing,
hardware development, network offering etc to leading telecom
equipment manufacturers across the globe.
BPO- It also provides outsourcing services in the areas finance
and accounting, HR Outsourcing, order management, contract
management, inventory management, are among others.

Milestones

2002
MBT assessed at Level 5 of SEI CMM by KPMG
MBT assessed at Level 5 of SEI CMM by KPMG
MBT incorporates MBT Software Technologies Pte. Limited,
Singapore
Satyam BPO launched in Hyderabad
2005
Certified BS 7799-2:2002 (Information Security Management
Framework) by RWTUV now known as TUV Nord
Acquired Axes Technologies (India) Private Limited, including
its US and Singapore subsidiaries
Assessed at Level 5 of SEI CMMI by KPMG
Largest global development center outside India (in
Melbourne) begins operation
Citisoft and Knowledge Dynamics acquired
2006
Name changed to Tech Mahindra Limited
Assessed at Level 5 of SEI People-CMM (P-CMM) by QAI
India
Raised Rs 4.65 billion ($100 million) from a hugely successful
IPO to build a new facility in Pune, to house about 9,000 staff
Formed a JV with Motorola Inc. under the name CanvasM

Set up the first "Global Innovation Hub" in Singapore

Set up operations in Guangzhou, China
2007
Launched the Tech Mahindra Foundation to address the
needs of the underprivileged in our society, especially children
Acquired iPolicy Networks Private Limited
Announced the Official IT Services Provider for the FIFA World
Cup 2010TM
Opens Global Development Center (GDC) in Malaysia
First Asian company to feature in the "Training" Magazine's list
of Top 125 companies for learning
2009
Tech Mahindra acquires a controlling stake in Satyam
Satyam gets rebranded as 'Mahindra Satyam'
2010
Delivered FIFA World Cup 2010TM
AT&T 2010 Supplier Award for outstanding performance &
service to AT&T and its affiliates
Expands footprint in Latin America
2011
Inaugurated Saab India Technology Center
AT&T 2011 Supplier Award for the 2nd year consecutively
2012
Merger of Tech Mahindra and Mahindra Satyam announced
Acquisition of Hutchison Global Services
Acquisition of Comviva Technologies Limited
2013
Tech Mahindra Positioned in Gartner's 'Leaders' Quadrant for
IT Services for Communications Service Providers
Mahindra Group forays into Engineering Education with Ecole
Centrale Paris
Tech Mahindra-Mahindra Satyam merger finally consummated
Mahindra Satyam acquires majority stake in Complex IT.

On June 25, Tech Mahindra and Mahindra

Satyam merging process completed and the name
of the parent company was retained for the
merged entity with a new logo and motto. [32]

2014 - Tech Mahindra acquires Lightbridge

Communications Corporation (LCC), the largest
independent telecom services company in the
world with local presence in over 50 countries
2015 - Tech Mahindra acquires SOFGEN Holdings,
a 450-employee Swiss IT firm serving the financial
services industry

About Company

It is a USD 4.6 billion company with 103,000+

professionals across 51 countries.[3] It provides
services to 727 global customers including
Fortune 500 companies. Tech Mahindra is also one
of the Fab 50 companies in Asia, a list compiled by
Forbes

We will Rise to be among the top three leaders in each of our

Vision

chosen market segments while fostering innovation and

inclusion. We will consistently achieve top quartile growth by
contributing to our customers' success, by enabling our
employees to realize their potential and by creating value for all
our stakeholders.

Awards

CP Gurnani, MD and CEO, Tech Mahindra has been awarded the

CEO of the Year 2014 by Business Standard. The award was
conferred to him by the Finance Minister, Arun Jaitley at a glittering
ceremony on March 7, 2015 in Mumbai.
Tech Mahindras global head for Leadership Development, Dr. Renu
Khanna has been awarded the women achiever award in the
Technology Leaders category by InformationWeek.

Tech Mahindra wins InformationWeek EDGE

Award for Knowledge Management
Tech Mahindra has won the Digital Humanitarian
Award at TMF World 2014 for Fightback, the
women safety mobile app, on June 2, 2014.
Tech Mahindra amongst BT500 Top 50 Companies
in Business Todays Indias Most Valuable
Companies rankings

News

Tech Mahindra Announces Telco-360, a Salesforce

Fullforce Solution for the Communications
Industry
Tech Mahindra one amongst the only three Indian
companies to make it to the DJSI World Index
Tech Mahindras Big Data Analytics Platform TAP Certified
by Industry Leader Hortonworks
RTI Announces Global Services Delivery
Collaboration with Tech Mahindra

Solutions

Services

Application Development and

Management
BSS/OSS
Business Process Management
Business Process Outsourcing

Enterprises

Cloud
Enterprise Portals and CRM
Managed services
Mobility
Network Technology services and
Solutions
Security
Product engineering
System Integration
Testing services
Transformation

Banking, Financial Services and Insurance

Offer end-end IT services to the Energy and
Utilities industry
Healthcare and Life Sciences (HLS)
Application Maintenance and Support to Digital
Marketing

Offer solutions and services such as e-Governance, Utility

Billing, etc. to governments, municipalities and higher
education institutions.
ANAND MAHINDRA., MD

Retail segments such as apparel, food and grocery.

To global customers in communication, computing,
consumer electronics film, gaming, sports, publishing and
information segments.
Travel, Transportation and Logistics
Anand G. Mahindra, Chairman and Managing Director of Mahindra &
Mahindra Ltd. graduated with Honors (Magna cum laude) from
Harvard College, Cambridge, Massachusetts, in 1977. In 1981, he
secured an MBA degree from the Harvard Business School, Boston,
Massachusetts. He returned to India that year and joined Mahindra
Ugine Steel Company Ltd (MUSCO), the countrys foremost producer
of specialty steels, as Executive Assistant to the Finance Director. In
1989, he was appointed as the President and Deputy Managing
Director of the company.

During his stint at MUSCO, he initiated Mahindra Groups

diversification into the new business areas of real estate development
and hospitality management.
In the summer of 1991, he was appointed Deputy Managing Director
of Mahindra & Mahindra Ltd., the countrys dominant producer of offroad vehicles and agricultural tractors. He initiated a comprehensive
change program in Mahindra & Mahindra Ltd., to make the company
an efficient and aggressive competitor in the new liberalized economic
environment in India.
In April 1997, he was appointed the Managing Director of Mahindra &
Mahindra Ltd, and in January 2003, was given the additional
responsibility of Vice Chairman. On 9th August 2012, he was
appointed the Chairman and Managing Director.
Today, the Mahindra Group is a $ 16.2 billion organization and one of
Indias top 10 industrial houses. Mahindra has evolved into a socially
and environmentally responsible global federation of companies with a
leading presence in each sector in which it is present
Mahindra is present across the automotive spectrum two-wheelers,
three-wheelers, commercial vehicles, SUVs, MPVs to sedans, tractors
and even powerboats and aircraft. In addition, the Groups diversified
nature of business spans many frontiers automotive components,
Finance, Insurance, IT, Retail, Real Estate, Hospitality, Logistics, AfterMarket.
During Anands tenure, Mahindra has also grown inorganically, seizing
opportunities across the globe. The recent acquisitions include
Ssangyong Motors, Reva Electric Car Company, Satyam Computer
Services, Aerostaff Australia, Gippsland Aeronautics among others.
Anand Mahindra is included in Fortune Magazines list of The Worlds
50 Greatest Leaders in 2014. Fortune magazine also named him as
one of the top 25 most powerful business people in Asia for the year
2011.

Industry Participant
Anand Mahindra is the co-founder of the Harvard Business School
Association of India, an association dedicated to the promotion of
professional management in India.
He was a co-promoter of Kotak Mahindra Finance Ltd., which in 2003
was converted into a bank. Kotak Mahindra is one of the foremost
private sector banks today.
As a leading industry figure, he has served as the President of the
Confederation of Indian Industry in 2003-04 and has also been the

President of the Automotive Research Association of India (ARAI). He

also served on the Boards of the National Stock Exchange of India
and the National Council of Applied Economic Research, and as a
member of the Council of Scientific and Industrial Research.

Recognition
Anand continues to receive several honours, a few of which are:

Knight of the Order of Merit by the

President of the French Republic.
Rajiv Gandhi Award 2004 for outstanding
contribution in the business field
2005 Leadership Award from the American
India Foundation for his and the Mahindra
Groups commitment to corporate social
responsibility
CNBC Asia Business Leader Award for the
year 2006
The Most Inspiring Corporate Leader of the
Year 2007 from NDTV Profit
Businessman of the Year 2007 from
Business India
Harvard
Business
School
Alumni
Achievement Award 2008
National Statesman for Excellence in
Business Practices Qimpro Platinum Standard
2008 Award by Qimpro Foundation
CNBC TV18 Outstanding Business Leader of
the Year 2009
Business Leader of the Year 2009 by
Economic Times
Ernst & Young Entrepreneur of the Year
India Award for 2009
Indian of the Year Award 2009 by NDTV
IMC Juran Quality Medal 2010 by IMC
Ramkrishna Bajaj National Quality Award Trust
Featured in Asias 25 most powerful
business people of 2011by Fortune magazine
Lloyds Banking Group Business Leader of
the Year Award, at The Asian Awards 2011
JRD Tata Corporate Leadership Award 2011
from the All India Management Association

Global Leadership Award June 2012 by the

US-India Business Council
Business Courage Award 2012 by Asia
Business Leadership Forum
Best Transformational Leader Award 2012
by the Asian Centre For Corporate Governance
& Sustainability
Business Leader of the Year 2012 by NDTV
'Special Recognition for Creating a True
Global Indian MNC' at India's Best Market
Analyst Award 2013 by Zee Business

Beyond Mahindra
Anand serves on the following Boards and Committees:

India Design Council Chairman

National Sports Development Fund (NSDF),
Government of India Council and Executive
Committee
The Nehru Centre, Mumbai - Executive
Committee
Empowered
Committee
on
Mumbai
Transformation
India Council for Sustainable Development
Member
Board of Trade, Government of India
Mission Steering Group (MSG) Jawaharlal
Nehru National Solar Mission (JNNSM)
Governing Council of the National Institute
of Design Chairman
National Council for Electric Mobility
Committee for Reforming the Regulatory
Environment for Doing Business in India Member

Global Influencer
A regular at World Economic Forums annual meetings, Anand
Mahindra was the WEF co-chair in 2009. He represents the Indian
industry at several global meets, which includes the APEC CEO
Summit in 2009.
Fortune magazine has named him as one of the top 25 most powerful

business people in Asia for the year 2011.

Anand has been appointed as the Honorary Ambassador of Foreign
Investment Promotion for Korea with effect from 24th November 2011
for a period of 2 years.
Anand also serves as a member of the International Advisory Board of
Singapores Economic Development Board, which is the lead
government agency for planning and executing strategies to enhance
its position as a global business center.
Other Boards and Committees that he serves on:

Board of Trustees of the Asia Society, New

York.
Harvard Business School Asia-Pacific
Advisory Board
Harvard University Asia Centre - Advisory
Committee
Harvard Global Advisory Council
Asia Business Council
Visiting Committee, MIT Medialab
Global Board of Advisors of the Council on
Foreign Relations
Board of Trustees of the Sundance Institute,
USA

Competitors:
Sales
(Rs.Million
)

Current
Price

Change
(%)

P/E Ratio

Market
Cap.(Rs.Million)

52-Week
High/Low

TCS

735780.60

2695.40

2.11

26.31

5170454.25

2834/2348

Infosys

473000.00

1168.05

-0.44

21.84

2694890.33

1197/900

Wipro

412098.00

600.20

0.20

18.23

1479466.63

677/513

HCL Tech.

164973.70

850.05

-0.92

19.01

1206423.02

1058/725

Tech Mahindra

191627.00

566.65

0.67

21.49

541699.99

750/459

Company

Oracle Finl. Service

33410.95

3972.00

1.03

34.02

333285.45

4447/3139

Mahindra Satyam

59643.00

115.30

0.00

15.05

135762.25

119/110

Rolta India

18715.00

103.20

0.05

2.53

16641.10

197/85

C. P. Gurnani, CEO of Tech Machindra

Born on 19TH Dec, 1958, Neemuch, MP,India. He has a degree in chemical engineering from
the National Institute of Technology, Rourkela.[
CP played a pivotal role in the transformational journey of Mahindra Satyam and spearheaded the
companys eventual merger with Tech Mahindra.
In a career spanning 32 years, he has held several leading positions with HCL Hewlett Packard
Limited, Perot Systems (India) Limited and HCL Corporation Ltd. He is a chemical engineering
graduate from the National Institute of Technology, Rourkela.

Awards and honours

CP has been chosen as the Ernst and Young Entrepreneur of the Year [Manager], CNBC Asias
India Business Leader of the Year and Dataquest IT person of the Year - for the year 2013.
CP has also won the 'CEO of the Year' Award for year 2014 declared by Business Standard [3]