{"id":312484,"date":"2026-10-16T10:05:16","date_gmt":"2026-10-16T04:35:16","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=312484"},"modified":"2026-10-16T10:05:16","modified_gmt":"2026-10-16T04:35:16","slug":"q2-results-tech-mahindra-dividend-bonus-shares-double-delight-for-7-lakh-investors-payout-ratio-record-date","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/q2-results-tech-mahindra-dividend-bonus-shares-double-delight-for-7-lakh-investors-payout-ratio-record-date\/","title":{"rendered":"Q2 Results: Tech Mahindra Dividend, Bonus Shares &#8211; Double Delight for 7 Lakh Investors | Payout, Ratio, Record Date"},"content":{"rendered":"<p style=\"border-left:4px solid #1F4E79;background:#EBF3FB;padding:10px 16px;font-style:italic;\"><em>Tech Mahindra reported Q2 FY27 profit of Rs 1,585.6 crore (up 32.74%) on revenue of Rs 16,180.2 crore (up 15.6%), with an EBIT margin of 14.8%. The board declared a Rs 15 interim dividend with a record date of 23 Oct 2026 and recommended a 1:1 bonus, its first in 11 years. The bonus record date is not yet set, and I could not verify the headline&#8217;s 7 lakh investors.<\/em><\/p>\n<div style=\"background:#F0F9FF;border-left:4px solid #2E7D32;border-radius:6px;padding:14px 18px;margin:18px 0;\">\n<p style=\"margin:0;color:#1F4E79;font-size:14px;\"><strong>Quick Answer<\/strong><\/p>\n<p style=\"margin:8px 0 0;\">Tech Mahindra reported Q2 FY27 net profit of Rs 1,585.6 crore, up 32.74% from Rs 1,194.5 crore a year earlier, on revenue of Rs 16,180.2 crore, up 15.6%. The board declared an interim dividend of Rs 15 per share with a record date of 23 October 2026 and payment by 13 November, and it recommended a 1:1 bonus issue, the first in 11 years. The bonus record date has not been announced, though shares are expected to be credited by 15 December, and I could not verify the headline&#8217;s figure of 7 lakh investors. A bonus issue doubles the share count and halves the price, so it adds liquidity but no value by itself.<\/p>\n<\/p><\/div>\n<p>Tech Mahindra is the fifth largest Indian IT services company, and its Q2 FY27 numbers beat the trend of a flat quarter at peers such as Wipro. The stock closed near Rs 1,650 on 15 October, up about 4.75%, according to one report that I could not confirm.<\/p>\n<p>This guide covers the Tech Mahindra results, the dividend and bonus terms, the payout maths and the risks. It is educational and not a recommendation to buy or sell.<\/p>\n<p style=\"margin-top:24px;\"><strong><a href=\"https:\/\/univest.in\/user\/log-in?utm_source=blogs&#038;utm_medium=q2-results-tech-mahindra-dividend-bonus-shares-double-delight-for-7-lakh-investors-payout-ratio-record-date\">Click Here &#8211; Get Free Investment Predictions<\/a><\/strong><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/q2-results-tech-mahindra-dividend-bonus-shares-double-delight-for-7-lakh-investors-payout-ratio-record-date\/#Tech_Mahindra_Q2_FY27_Results\" title=\"Tech Mahindra Q2 FY27 Results\">Tech Mahindra Q2 FY27 Results<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/q2-results-tech-mahindra-dividend-bonus-shares-double-delight-for-7-lakh-investors-payout-ratio-record-date\/#Tech_Mahindra_Interim_Dividend_Payout_Yield_and_Record_Date\" title=\"Tech Mahindra Interim Dividend: Payout, Yield and Record Date\">Tech Mahindra Interim Dividend: Payout, Yield and Record Date<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/q2-results-tech-mahindra-dividend-bonus-shares-double-delight-for-7-lakh-investors-payout-ratio-record-date\/#Tech_Mahindra_1_1_Bonus_Issue_What_Changes\" title=\"Tech Mahindra 1:1 Bonus Issue: What Changes\">Tech Mahindra 1:1 Bonus Issue: What Changes<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/q2-results-tech-mahindra-dividend-bonus-shares-double-delight-for-7-lakh-investors-payout-ratio-record-date\/#Is_It_a_Double_Delight_for_7_Lakh_Investors\" title=\"Is It a Double Delight for 7 Lakh Investors?\">Is It a Double Delight for 7 Lakh Investors?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/q2-results-tech-mahindra-dividend-bonus-shares-double-delight-for-7-lakh-investors-payout-ratio-record-date\/#What_to_Watch_Next\" title=\"What to Watch Next\">What to Watch Next<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/q2-results-tech-mahindra-dividend-bonus-shares-double-delight-for-7-lakh-investors-payout-ratio-record-date\/#Conclusion\" title=\"Conclusion\">Conclusion<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/q2-results-tech-mahindra-dividend-bonus-shares-double-delight-for-7-lakh-investors-payout-ratio-record-date\/#Frequently_Asked_Questions\" title=\"Frequently Asked Questions\">Frequently Asked Questions<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/q2-results-tech-mahindra-dividend-bonus-shares-double-delight-for-7-lakh-investors-payout-ratio-record-date\/#What_did_Tech_Mahindra_report_for_Q2_FY27\" title=\"What did Tech Mahindra report for Q2 FY27?\">What did Tech Mahindra report for Q2 FY27?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/q2-results-tech-mahindra-dividend-bonus-shares-double-delight-for-7-lakh-investors-payout-ratio-record-date\/#What_is_the_Tech_Mahindra_dividend\" title=\"What is the Tech Mahindra dividend?\">What is the Tech Mahindra dividend?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/q2-results-tech-mahindra-dividend-bonus-shares-double-delight-for-7-lakh-investors-payout-ratio-record-date\/#What_is_the_Tech_Mahindra_bonus_ratio\" title=\"What is the Tech Mahindra bonus ratio?\">What is the Tech Mahindra bonus ratio?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/q2-results-tech-mahindra-dividend-bonus-shares-double-delight-for-7-lakh-investors-payout-ratio-record-date\/#When_is_the_Tech_Mahindra_bonus_record_date\" title=\"When is the Tech Mahindra bonus record date?\">When is the Tech Mahindra bonus record date?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/q2-results-tech-mahindra-dividend-bonus-shares-double-delight-for-7-lakh-investors-payout-ratio-record-date\/#Does_the_bonus_issue_increase_the_value_of_my_shares\" title=\"Does the bonus issue increase the value of my shares?\">Does the bonus issue increase the value of my shares?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/q2-results-tech-mahindra-dividend-bonus-shares-double-delight-for-7-lakh-investors-payout-ratio-record-date\/#How_many_investors_benefit\" title=\"How many investors benefit?\">How many investors benefit?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/univest.in\/blogs-2\/q2-results-tech-mahindra-dividend-bonus-shares-double-delight-for-7-lakh-investors-payout-ratio-record-date\/#What_were_the_Tech_Mahindra_deal_wins\" title=\"What were the Tech Mahindra deal wins?\">What were the Tech Mahindra deal wins?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/univest.in\/blogs-2\/q2-results-tech-mahindra-dividend-bonus-shares-double-delight-for-7-lakh-investors-payout-ratio-record-date\/#Is_this_article_investment_advice\" title=\"Is this article investment advice?\">Is this article investment advice?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Tech_Mahindra_Q2_FY27_Results\"><\/span><strong>Tech Mahindra Q2 FY27 Results<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"border-collapse:collapse;width:100%;\">\n<tr>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Metric<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Q2 FY27<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Change<\/th>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Net profit<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 1,585.6 crore<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Up 32.74% year on year (from Rs 1,194.5 crore); up about 8% quarter on quarter<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Revenue from operations<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 16,180.2 crore<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Up 15.6% (from Rs 13,994.9 crore); up about 3% quarter on quarter<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">EBIT<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 2,387 crore<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Up 5.4%; margin 14.8% (my check: 2,387 \/ 16,180 = 14.8%)<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">New deal wins (TCV)<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">$1,023 million<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Up 25.4%; about Rs 8,765 crore<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Headcount<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">152,206<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Attrition 11.7% (last twelve months, IT)<\/td>\n<\/tr>\n<\/table>\n<p>Tech Mahindra profit rose faster than revenue, which means margins improved. Another report gives a profit before tax of Rs 22,961 crore, which is higher than revenue and looks like a reporting error, so I do not use it.<\/p>\n<p><strong>Risk:<\/strong> A strong quarter does not guarantee the next one, and the company&#8217;s guidance was not available in the reports I read.<\/p>\n<p style=\"margin-top:24px;\"><strong><a href=\"https:\/\/univest.in\/screeners\">Screen IT stocks on the Univest Screener<\/a><\/strong><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Tech_Mahindra_Interim_Dividend_Payout_Yield_and_Record_Date\"><\/span><strong>Tech Mahindra Interim Dividend: Payout, Yield and Record Date<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"border-collapse:collapse;width:100%;\">\n<tr>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Item<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Detail<\/th>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Interim dividend<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 15 per share for FY27<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Record date<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Friday 23 October 2026<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Payment date<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">By 13 November 2026<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Yield at Rs 1,650<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">About 0.91% (my calculation, using an unverified price)<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Total cost<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Roughly Rs 1,470 crore if the share count is about 98 crore (my estimate; share count unverified)<\/td>\n<\/tr>\n<\/table>\n<p>If the estimate holds, the Tech Mahindra dividend would be about 93% of one quarter&#8217;s profit. I could not verify the share count in a filing, so this is a rough check and not a reported payout ratio.<\/p>\n<p>A Tech Mahindra shareholder needs to hold the shares before the ex-dividend date, which under T+1 falls on the record date, to receive the dividend (my read of the usual rule).<\/p>\n<p><strong>Risk:<\/strong> The share price normally falls by about the dividend amount on the ex-date, so the cash is not extra value.<\/p>\n<p style=\"margin-top:24px;\"><em>Download the <a href=\"http:\/\/apps.apple.com\/in\/app\/univest-stocks-investment\/id6443753518\" rel=\"nofollow noopener\" target=\"_blank\">Univest iOS App<\/a> or <a href=\"http:\/\/play.google.com\/store\/apps\/details?id=com.univest.capp&#038;hl=en_IN\" rel=\"nofollow noopener\" target=\"_blank\">Univest Android App<\/a> to track dividend dates and set price alerts.<\/em><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Tech_Mahindra_1_1_Bonus_Issue_What_Changes\"><\/span><strong>Tech Mahindra 1:1 Bonus Issue: What Changes<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"border-collapse:collapse;width:100%;\">\n<tr>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Item<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Before<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">After a 1:1 bonus (my calculation)<\/th>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Shares held<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">100<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">200<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Price at Rs 1,650<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 1,650<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">About Rs 825<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Value of holding<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 1,65,000<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 1,65,000 (unchanged)<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">EPS<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Reported EPS<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Halves<\/td>\n<\/tr>\n<\/table>\n<p>The Tech Mahindra board recommended the bonus, so it needs shareholder approval. The bonus record date will be announced separately, and credit of shares is expected by 15 December 2026. This is the first Tech Mahindra bonus in 11 years.<\/p>\n<p>The bonus moves reserves into share capital. It can bring in more small investors because the price per share falls, but it does not change the business or the market value on the day.<\/p>\n<p><strong>Risk:<\/strong> Some investors buy before a bonus, expecting a rise, and then see the gain fade after the record date.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Is_It_a_Double_Delight_for_7_Lakh_Investors\"><\/span><strong>Is It a Double Delight for 7 Lakh Investors?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"border-collapse:collapse;width:100%;\">\n<tr>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Claim<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Status<\/th>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Dividend of Rs 15 per share<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Verified in reports<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">1:1 bonus issue<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Verified; needs approval<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">7 lakh investors benefit<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Unverified; I did not find the shareholder count<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Value added to holders<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Dividend is cash; bonus is neutral on the day<\/td>\n<\/tr>\n<\/table>\n<p>The dividend gives cash of 0.91% at the price above, and the bonus gives more shares. Neither changes the value of the business, so the real test is whether profit growth of 32.74% can be sustained.<\/p>\n<p>Peers such as Wipro reported flat dollar revenue in the same quarter, so Tech Mahindra&#8217;s 15.6% revenue growth in rupees stands out, though rupee growth can include currency effects (my read).<\/p>\n<h2><span class=\"ez-toc-section\" id=\"What_to_Watch_Next\"><\/span><strong>What to Watch Next<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ol>\n<li>The bonus record date and shareholder approval<\/li>\n<li>The dividend record date of 23 October and the ex-date price<\/li>\n<li>Deal wins and the pipeline in the next quarter<\/li>\n<li>The EBIT margin against 14.8%<\/li>\n<li>Headcount and attrition trends<\/li>\n<\/ol>\n<h2><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span><strong>Conclusion<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Tech Mahindra delivered a 32.74% jump in profit, a Rs 15 dividend and a 1:1 bonus. The cash and extra shares are welcome, but they do not add value by themselves, and the 7 lakh investor claim is unverified.<\/p>\n<div style=\"background:#CC0000;border-radius:8px;padding:16px 20px;margin:24px 0;\">\n<p style=\"color:#FFFFFF;font-size:13px;line-height:1.7;margin:0;\"><strong style=\"color:#FFFFFF;\">Disclaimer:<\/strong> Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).<\/p>\n<\/p><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Frequently_Asked_Questions\"><\/span><strong>Frequently Asked Questions<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"What_did_Tech_Mahindra_report_for_Q2_FY27\"><\/span><strong>What did Tech Mahindra report for Q2 FY27?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Net profit was Rs 1,585.6 crore, up 32.74%, and revenue was Rs 16,180.2 crore, up 15.6%, with an EBIT margin of 14.8%.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_Tech_Mahindra_dividend\"><\/span><strong>What is the Tech Mahindra dividend?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The board declared an interim dividend of Rs 15 per share for FY27, with a record date of 23 October 2026 and payment by 13 November.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_Tech_Mahindra_bonus_ratio\"><\/span><strong>What is the Tech Mahindra bonus ratio?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The board recommended a 1:1 bonus issue, so a holder gets one extra share for each share held, subject to approval.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"When_is_the_Tech_Mahindra_bonus_record_date\"><\/span><strong>When is the Tech Mahindra bonus record date?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> It has not been announced. Shares are expected to be credited by 15 December 2026.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Does_the_bonus_issue_increase_the_value_of_my_shares\"><\/span><strong>Does the bonus issue increase the value of my shares?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> No. The share count doubles and the price falls in proportion, so the value stays the same on the day.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_many_investors_benefit\"><\/span><strong>How many investors benefit?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The headline says 7 lakh investors, but I could not verify the shareholder count.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_were_the_Tech_Mahindra_deal_wins\"><\/span><strong>What were the Tech Mahindra deal wins?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> New deal wins were $1,023 million, up 25.4% from a year earlier.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Is_this_article_investment_advice\"><\/span><strong>Is this article investment advice?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> No. It is educational and not a recommendation to buy or sell.<\/p>\n<div class=\"faq-schema\"><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"What did Tech Mahindra report for Q2 FY27?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Net profit was Rs 1,585.6 crore, up 32.74%, and revenue was Rs 16,180.2 crore, up 15.6%, with an EBIT margin of 14.8%.\"}},{\"@type\":\"Question\",\"name\":\"What is the Tech Mahindra dividend?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The board declared an interim dividend of Rs 15 per share for FY27, with a record date of 23 October 2026 and payment by 13 November.\"}},{\"@type\":\"Question\",\"name\":\"What is the Tech Mahindra bonus ratio?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The board recommended a 1:1 bonus issue, so a holder gets one extra share for each share held, subject to approval.\"}},{\"@type\":\"Question\",\"name\":\"When is the Tech Mahindra bonus record date?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"It has not been announced. Shares are expected to be credited by 15 December 2026.\"}},{\"@type\":\"Question\",\"name\":\"Does the bonus issue increase the value of my shares?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"No. The share count doubles and the price falls in proportion, so the value stays the same on the day.\"}},{\"@type\":\"Question\",\"name\":\"How many investors benefit?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The headline says 7 lakh investors, but I could not verify the shareholder count.\"}},{\"@type\":\"Question\",\"name\":\"What were the Tech Mahindra deal wins?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"New deal wins were $1,023 million, up 25.4% from a year earlier.\"}},{\"@type\":\"Question\",\"name\":\"Is this article investment advice?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"No. It is educational and not a recommendation to buy or sell.\"}}]}<\/script><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Tech Mahindra declared a Rs 15 interim dividend and a 1:1 bonus after Q2 profit rose 32.74%. See the dates, payout maths and risks.<\/p>\n","protected":false},"author":28,"featured_media":312481,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[842],"tags":[1133,7928,614,12639,7871,2690],"class_list":["post-312484","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-it-stocks","tag-record-date","tag-tech-mahindra","tag-tech-mahindra-bonus","tag-tech-mahindra-dividend","tag-tech-mahindra-q2-results"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["312481"],"rank_math_title":["Tech Mahindra Dividend and 1:1 Bonus: Payout and Record Date"],"rank_math_description":["Tech Mahindra declared a Rs 15 interim dividend (record date 23 Oct) and a 1:1 bonus after a 32.74% jump in Q2 profit. See the numbers, dates and what they mean."],"rank_math_focus_keyword":["Tech Mahindra"],"rank_math_robots":["a:2:{i:0;s:7:\"noindex\";i:1;s:8:\"nofollow\";}"]},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/univest.in\/blogs-2\/wp-content\/uploads\/2026\/10\/q2-results-tech-mahindra-dividend-bonus-shares-double-delight-for-7-lakh.webp","_links":{"self":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/312484","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/users\/28"}],"replies":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/comments?post=312484"}],"version-history":[{"count":1,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/312484\/revisions"}],"predecessor-version":[{"id":312485,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/312484\/revisions\/312485"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media\/312481"}],"wp:attachment":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media?parent=312484"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/categories?post=312484"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/tags?post=312484"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}