NSE ScannerComparison · NSE · data 2026-10-30
Tech Mahindra Limited vs Wipro Limited
In plain words
Size: Wipro Limited is about 1.1 times the market value of Tech Mahindra Limited.
Valuation (P/E): Tech Mahindra Limited 28.8 vs Wipro Limited 15.6.
Profit growth over 3 years: Wipro Limited 5.2% a year vs Tech Mahindra Limited -0.1% a year.
Debt to equity: Wipro Limited 0.23 vs Tech Mahindra Limited 0.07.
Differences in the numbers, not a recommendation of either stock.
Side by side
| TECHM | WIPRO | |
|---|---|---|
| Price | ₹1,790.8 | ₹198.31 |
| Market cap | ₹1,73,545 cr | ₹1,88,065 cr |
| P/E | 28.8 | 15.6 |
| P/B | 5.4 | 2.5 |
| ROE | 16.9% | 15.4% |
| ROCE | 21.2% | 14.9% |
| Debt / equity | 0.07 | 0.23 |
| Operating margin | 14.1% | 16.1% |
| Dividend yield | 2.88% | 4.21% |
| Sales growth, 3 years (yearly) | 2.2% | 0.8% |
| Profit growth, 3 years (yearly) | -0.1% | 5.2% |
| 1-year return | 23.2% | -18.4% |
| Revenue, last 12 months | ₹61,361 cr | ₹97,023 cr |
| Net profit, last 12 months | ₹5,527 cr | ₹13,173 cr |
| Latest quarter | Jun 2024 | Sept 2026 |
| Quarter net profit | ₹865 cr | ₹3,201 cr |
| Quarter profit vs a year earlier | — | -1.4% |
| Promoter holding | 34.97% | 72.58% |
| Health check | Average (6.2/10) | Average (5.3/10) |
Common questions
Which has a higher P/E, Tech Mahindra Limited or Wipro Limited?
Tech Mahindra Limited trades at the higher P/E (28.8 against 15.6). A higher P/E means the market pays more for each rupee of past earnings; on its own it does not say which is better.
Which earns a higher return on equity?
Tech Mahindra Limited (16.9% against 15.4%).
Which carries more debt?
Wipro Limited has the higher debt-to-equity ratio (0.23 against 0.07).