Archive · 18 Jul 2025
Tech Mahindra & Wipro: Analysts' Varying Outlooks & Target Prices
Two IT companies, Tech Mahindra and Wipro, were recently analyzed.
Tech Mahindra showed steady revenue and improved profit margins, winning new deals but facing cautious client sentiment.
Analysts are optimistic and raised the target price.
Wipro projects revenue growth but faces uncertain demand dependent on execution and the economy.
The company focuses on cost optimization.
Analysts have a more cautious outlook and maintain a reduce rating.
Tech Mahindra's revenue was ₹1,335 crore, and Wipro projects revenue between $2.56–2.61 billion.
Tech Mahindra's EBIT margin increased to 11.1%, Wipro's performance depends on execution and macroeconomics.
Tech Mahindra secured new deals worth US$809 million; Wipro secured $5 billion in TCV.
Tech Mahindra's headcount decreased by 214, and Wipro has focused on cost optimization.
Analysts maintain an Add rating for Tech Mahindra with a target price of ₹1,821, and a Reduce rating for Wipro with a target price of ₹252.
- Who
- Tech Mahindra and Wipro
- What
- Financial performance of Tech Mahindra and Wipro and their future outlooks.
- When
- Q1FY26 and forecasts through FY28.
- Where
- Not explicitly mentioned in the articles, but the companies are publicly traded in India.
- Why
- To analyze financial performance and provide investment advice.
Company Performance
Future Outlook
Overall Financial Outlook
Company Performance
Tech Mahindra: Stable revenue with improved margin.
Future Outlook
Wipro: Revenue dependent on market and execution.
Focus of New Deals
Company Performance
Tech Mahindra: Cautious client sentiment.
Future Outlook
Wipro: Cost optimization and vendor consolidation.
- Tech Mahindra Revenue (Q1FY26)
- ₹1,335 crore
- Tech Mahindra EBIT Margin
- 11.1%
- Tech Mahindra New Deal TCV
- US$809 million
- Tech Mahindra Headcount Change (Q-o-Q)
- -214
- Tech Mahindra Attrition Rate
- 12.6%
- Tech Mahindra Target Price
- ₹1,821
- Wipro Target Price
- ₹252
- Wipro Q2FY26 Revenue Guidance
- -1% to +1% sequential growth
