Wipro Ltd logo

Wipro Ltd

WIPRO NSE

Key Fundamentals

LargecapComputer Software & ConsultingInformation Technology
Market Cap
1.9L Cr
Volatility
Moderate
P/E Ratio
14.66
EBITDA
₹21,685 Cr
Return on Equity
15.03%
Debt to Equity
0.23
Book Value
₹88.75
EPS
₹21.37
52W High
₹273.1
52W Low
₹169

Insights

Beta

AI-extracted from concalls & annual reports · figures as reported, with sources

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41 extracted metrics + investor summaries across FY15–FY26.

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Tapetide Score

Data-driven rating, 0–100. How it works →

Technical Indicators

Key Insights

Strengths

2
  • Stock is providing a good dividend yield of 5.87%.
  • Company has been maintaining a healthy dividend payout of 46.7%

Weaknesses

1
  • The company has delivered a poor sales growth of 8.38% over past five years.

Growth Rate

Revenue Growth
3.79% ↗
Net Income Growth
0.36% ↗
Cash Flow Change
-11.87% ↘
ROE
-6.12% ↘
ROCE
-2.41% ↗
EBITDA Margin (Avg.)
-4.63% ↘

AI Analysis — Bull vs Bear

Anthropic anthropic claude-opus-4.6 16h ago
AI opinion · based on fundamentals
Risk medium

Wipro Ltd trades at a PE of 13.9x with a market cap of ₹1.86 lakh crore, reflecting subdued revenue growth (1% CAGR over 3 years) but steady margin expansion to 17.2-17.6% operating margins in FY26. The stock has underperformed significantly with a -23% one-year return and -9% five-year CAGR, even as the company maintains a consistent dividend payout of 46.7% and has improved large deal bookings.

Bull Case 8
  • Attractive valuation at PE of 13.9x, trading at a meaningful discount to the IT sector average, with price-to-book at 2.09x
  • Strong dividend yield of 5.87% with a healthy and consistent payout ratio of 46.7%, providing income support to shareholders
  • Operating margin expanded 90 bps YoY in FY25 to 17.5% in Q4 FY25, with further expansion to 17.6% in Q3 FY26, demonstrating cost discipline
  • Large deal bookings surged 48.5% YoY in Q4 FY25 to $1,763 million, and reached $2,666 million in Q1 FY26 (up 130.8% YoY), signaling improving deal momentum
  • Consistent ROE of 15-17% over the past decade indicates stable capital efficiency and shareholder returns
  • Q4 FY25 net income grew 25.9% YoY to ₹35.7 billion, showing profit recovery even amid flat revenues
  • Attrition rate stabilized at 13.8-14.2%, well below 2022 industry highs, reducing recruitment costs and improving project continuity
  • Full-year FY25 total deal bookings of $5.4 billion grew 17.5% YoY, building a revenue pipeline for future quarters
Bear Case 8
  • Revenue growth has been anaemic with only 1% compounded sales growth over 3 years and IT services revenue declining 2.3% YoY in Q4 FY25
  • Stock has significantly underperformed with -23% one-year return, -3% three-year CAGR, and -9% five-year CAGR, destroying shareholder value
  • Q1 FY26 guidance indicated revenue decline of 1.5% to 3.5% in constant currency, signaling continued near-term softness despite strong bookings
  • Compounded profit growth of just 4% over 5 and 10 years, with TTM profit declining 2%, reflects structural growth challenges
  • Q1 FY27 IT services revenue fell 1.4% QoQ to $2,614.5 million with operating margin contracting to 16.0% due to salary hikes and AI investments
  • Management flagged continued client spending caution and longer decision cycles, with Q2 FY27 guidance of -1.5% to +0.5% sequential growth
  • Five-year sales CAGR of only 8% significantly lags peers like TCS and Infosys in a sector where scale and growth drive valuations
  • Headcount growth remains minimal with only marginal additions (135 net in Q4 FY26, 800 in Q1 FY27), reflecting limited demand visibility

This is AI-generated analysis, not financial advice. Do your own due diligence.

AI News Digest

Anthropic anthropic claude-opus-4.6 1d ago
Headwinds 4
  • Americas market decline Jul 16

    Americas revenue fell due to client-specific challenges and cuts in healthcare technology spending, creating a mixed demand picture.

  • Q1 sales miss, EPS down 25% Jul 16

    Q1 EPS of $0.03 was down 25% YoY and sales of $2.586B missed estimates by 1.30%.

  • FY26 revenue down 1.6% CC Jul 15

    Wipro reported FY26 revenue of $10.5 billion, declining 1.6% in constant currency terms.

  • AI spend volatility warning Jul 16

    Wipro executive cautioned that short-term AI investments may experience fluctuations, and overall IT budgets are not expected to grow.

Positives 5
  • ₹150B share buyback announced Jul 15

    Wipro announced a ₹150 billion share buyback alongside FY26 results, with net income rising 2.2% to $1.43 billion.

  • ERaaS launch with Rubrik Aug 5

    Wipro partnered with Rubrik to launch Enterprise Resilience as a Service, combining consulting expertise with Rubrik's data security platform and WINGS AI for predictive recovery.

  • Databricks practice for AI scale Jul 27

    Wipro established a dedicated Databricks business practice integrating its WEGA platform, building on 300+ prior use cases to drive enterprise AI adoption.

  • UK, Nordics and banking momentum Jul 16

    UK and Nordics region shows robust demand and banking sector deal momentum is building into Q2, driven by vendor consolidation deals.

  • 10 lakh RSUs granted Jul 29

    Wipro granted over 10 lakh Restricted Stock Units to employees under its 2024 equity scheme, aiding talent retention.

Neutral 3
  • Global investor roadshow scheduled Aug 4

    Wipro scheduled analyst and institutional investor meetings across Mumbai, Hong Kong, New York, and San Francisco from August 12 to September 10, 2026.

  • ESG rating of 78 received Jul 21

    Wipro received a voluntary ESG rating of 78 from ESG Risk Assessments & Insights Limited based on publicly available data.

  • AI strategy with Anthropic, OpenAI Jul 16

    Wipro outlined an expanded AI strategy including data centers, sovereign AI solutions, Small Language Models, and partnerships with Anthropic and OpenAI.

TL;DR: Wipro faces near-term revenue headwinds with FY26 constant-currency decline of 1.6% and Americas weakness, but is returning capital aggressively via a ₹150B buyback and growing net income. The company is investing heavily in AI partnerships (Databricks, Rubrik, Anthropic, OpenAI) to reposition for the next cycle. UK/Nordics strength and banking deal momentum offer pockets of growth, though overall IT budget stagnation and AI spend volatility remain risks. The trend is stabilizing with a pivot toward efficiency deals and AI, but a convincing return to top-line growth is still pending.

Quarterly Results

  Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales
22,831
22,516
22,205
22,208
21,964
22,302
22,319
22,504
22,135
22,697
23,556
24,236
24,479
Expenses
18,627
18,546
18,007
17,828
17,614
17,798
17,779
17,880
17,902
18,325
19,259
19,327
19,846
Operating Profit
4,204
3,970
4,198
4,381
4,350
4,503
4,540
4,624
4,233
4,372
4,296
4,909
4,633
OPM %
18%
18%
19%
20%
20%
20%
20%
21%
19%
19%
18%
20%
19%
Other Income
640
740
598
653
730
962
1,005
1,217
1,072
963
1,008
857
979
Interest
309
303
312
331
329
357
415
377
361
361
366
370
473
Depreciation
738
897
932
840
729
831
676
722
686
692
805
728
804
PBT
3,798
3,509
3,552
3,862
4,022
4,278
4,453
4,743
4,258
4,282
4,134
4,668
4,334
Tax %
24%
24%
24%
26%
24%
25%
24%
24%
22%
24%
24%
25%
23%
Net Profit
2,886
2,667
2,701
2,858
3,037
3,227
3,367
3,588
3,336
3,262
3,145
3,522
3,356
EPS in Rs
2.61
2.53
2.58
2.71
2.87
3.07
3.2
3.41
3.18
3.1
2.97
3.34
3.38
Figures in ₹ Crores

Profit & Loss

  Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales
46,951
51,244
55,448
54,487
59,019
61,138
61,935
79,312
90,488
89,760
89,088
92,624
94,968
Expenses
36,652
40,448
44,128
44,100
47,406
48,795
47,164
62,628
73,649
73,008
71,067
74,813
76,757
Operating Profit
10,299
10,796
11,321
10,387
11,613
12,342
14,771
16,684
16,839
16,752
18,021
17,811
18,211
OPM %
22%
21%
20%
19%
20%
20%
24%
21%
19%
19%
20%
19%
19%
Other Income
2,450
2,752
2,623
2,550
2,614
2,728
2,404
2,067
2,275
2,631
3,909
3,899
3,807
Interest
350
558
594
583
738
733
509
532
1,008
1,255
1,477
1,458
1,570
Depreciation
1,175
1,496
2,310
2,112
1,947
2,086
2,763
3,078
3,340
3,407
2,958
2,911
3,030
PBT
11,224
11,494
11,039
10,242
11,542
12,252
13,903
15,141
14,766
14,721
17,496
17,342
17,418
Tax %
22%
22%
23%
22%
22%
20%
22%
19%
23%
25%
24%
24%
—
Net Profit
8,714
8,957
8,518
8,003
9,018
9,772
10,868
12,243
11,366
11,112
13,218
13,266
13,285
EPS in Rs
6.58
6.76
6.55
6.63
7.46
8.51
9.85
11.15
10.34
10.57
12.54
12.58
12.79
Div. Payout %
34%
17%
6%
6%
7%
6%
5%
27%
5%
5%
48%
87%
—
Figures in ₹ Crores

Balance Sheet

  Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital
494
494
486
905
1,207
1,143
1,096
1,096
1,098
1,045
2,094
2,098
Reserves
36,598
45,651
51,184
47,022
55,216
54,179
53,805
64,307
76,570
73,488
80,270
85,921
Borrowings
7,891
12,522
14,241
13,901
9,947
9,724
10,451
17,593
17,467
16,465
19,204
20,291
Other Liabilities
13,367
12,924
12,761
13,563
16,217
15,954
17,213
24,280
21,789
23,611
26,362
32,574
Total Liabilities
58,350
71,590
78,672
75,391
82,586
81,000
82,566
1,07,276
1,16,924
1,14,609
1,27,929
1,40,884
Fixed Assets
10,837
17,279
19,886
18,127
17,465
22,062
23,040
37,990
44,757
43,628
45,187
51,690
CWIP
395
381
738
1,378
2,142
1,881
1,853
1,602
617
723
196
412
Investments
5,532
20,915
29,913
25,797
22,887
20,032
18,775
26,154
33,073
33,384
43,926
46,786
Other Assets
41,586
33,016
28,135
30,090
40,093
37,024
38,898
41,531
38,477
36,873
38,620
41,995
Total Assets
58,350
71,590
78,672
75,391
82,586
81,000
82,566
1,07,276
1,16,924
1,14,609
1,27,929
1,40,884
Figures in ₹ Crores

Cash Flow

  Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Operating
7,840
7,887
9,277
8,423
11,632
10,064
14,755
11,080
13,060
17,622
16,943
14,932
Investing
-2,537
-13,761
-11,770
3,595
5,065
3,593
685
-22,321
-8,169
1,144
-8,044
-2,448
Financing
-830
-159
-2,275
-12,998
-4,937
-15,100
-12,884
4,659
-6,088
-18,257
-6,396
-14,126
Net Cash Flow
4,474
-6,032
-4,767
-979
11,760
-1,442
2,556
-6,583
-1,197
509
2,502
-1,642
Free Cash Flow
6,699
6,570
7,750
6,353
9,548
7,842
12,873
9,138
11,631
16,973
15,621
13,447
CFO/OP
100
98
104
108
122
87
117
82
96
114
109
99
Figures in ₹ Crores

Ratios

  Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days
71
71
62
68
62
62
56
53
51
47
48
54
Inventory Days
56
66
—
—
—
—
—
—
—
—
—
—
Days Payable
671
597
—
—
—
—
—
—
—
—
—
—
Cash Conversion Cycle
-544
-461
62
68
62
62
56
53
51
47
48
54
Working Capital Days
15
-14
-23
3
-13
-18
-31
-15
-3
-4
-17
-47
ROCE %
27%
23%
19%
17%
19%
20%
22%
21%
18%
17%
20%
18%

Shareholding Pattern

As of Jun 2026
Promoters 72.59%
FIIs 11.14%
Public 8.32%
DIIs 5.22%
Others 2.73%
Total 100.00%
  Jan 2021Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Jul 2023Sep 2023Dec 2023Jan 2024Mar 2024Jun 2024Sep 2024Nov 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters
73.04%
73.02%
73.02%
73.02%
73.01%
73.00%
73.00%
72.95%
72.94%
72.92%
72.91%
72.97%
72.93%
72.90%
72.90%
72.89%
72.82%
72.80%
72.79%
72.75%
72.73%
72.66%
72.65%
72.63%
72.62%
72.59%
FIIs
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
9.36%
9.44%
9.59%
9.85%
10.30%
11.13%
10.91%
10.81%
10.49%
10.79%
11.14%
DIIs
6.25%
6.14%
5.67%
2.02%
2.73%
3.22%
3.41%
7.55%
7.84%
8.00%
7.40%
7.52%
7.90%
7.99%
7.91%
8.28%
8.25%
8.71%
8.56%
8.21%
7.47%
7.77%
7.88%
8.38%
7.86%
5.22%
Government
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
Public
5.71%
5.98%
5.68%
5.96%
6.06%
6.79%
7.51%
7.83%
8.18%
8.03%
8.55%
8.13%
7.85%
7.63%
7.61%
7.32%
7.20%
6.78%
6.67%
6.65%
6.55%
6.58%
6.43%
6.28%
6.60%
8.32%
Others
15.00%
14.85%
15.63%
19.00%
18.20%
16.99%
16.09%
11.67%
11.04%
11.05%
11.14%
11.38%
11.32%
11.48%
11.58%
2.16%
2.29%
2.12%
2.12%
2.09%
2.11%
2.06%
2.23%
2.22%
2.12%
2.73%
No. of Shareholders
6,95,704
8,18,539
8,70,328
11,40,890
13,18,780
19,34,990
24,01,890
26,70,780
27,65,510
26,91,330
27,79,440
27,27,240
25,93,090
25,21,360
25,41,690
23,97,650
23,69,090
22,36,750
22,38,280
23,49,010
24,31,180
24,91,210
25,15,450
24,42,660
26,03,140
30,62,050

Documents

Frequently Asked Questions about Wipro Ltd

What does Wipro Ltd do?
Wipro Ltd is a global Information technology, consulting and business process services (BPS) company.[1] It is the 4th largest Indian player in the global IT services industry behind TCS, Infosys and HCL Technologies.[2]
Where is Wipro Ltd (WIPRO) listed?
Wipro Ltd is listed on the Indian stock exchanges. It is listed on NSE: WIPRO and BSE: 507685. You can view its live share price, financials, and ratios on Tapetide.
Which sector does Wipro Ltd belong to?
Wipro Ltd operates in the Information Technology sector within the IT - Software industry. Sector classification helps investors compare companies affected by similar economic conditions and regulatory changes.
What is the market capitalisation of Wipro Ltd?
Wipro Ltd has a market capitalisation of approximately ₹186148.28 Cr. Based on this, it is classified as a Large Cap stock.
What is the PE ratio of Wipro Ltd?
The Price-to-Earnings (PE) ratio of Wipro Ltd is 14.66. The PE ratio compares a company's share price to its earnings per share and is commonly used to assess whether a stock is overvalued or undervalued relative to its peers.
What is the 52-week high and low of Wipro Ltd?
Over the past 52 weeks, Wipro Ltd has traded between a low of ₹169 and a high of ₹273.1. This range helps investors understand the stock's price volatility and recent trading levels.
Does Wipro Ltd pay dividends?
Yes, Wipro Ltd has a dividend yield of 1.07%. Dividend yield indicates the annual dividend income relative to the share price. A consistent dividend history can signal financial stability.
What is the Return on Equity (ROE) of Wipro Ltd?
Wipro Ltd has a Return on Equity (ROE) of 15.03%. ROE measures how effectively a company uses shareholders' equity to generate profits. A higher ROE generally indicates better capital efficiency.
How can I research Wipro Ltd on Tapetide?
On Tapetide, you can view Wipro Ltd's live share price, quarterly results, profit & loss statements, balance sheet, cash flow, key ratios, shareholding pattern, technical indicators, analyst ratings, and forecasts — all on a single page without needing to sign up.

Company Information

Wipro Ltd is a global Information technology, consulting and business process services (BPS) company.[1] It is the 4th largest Indian player in the global IT services industry behind TCS, Infosys and HCL Technologies.[2]

Website wipro.com
CEO Mr. Rishad Azim Hasham Premji Jr.
Employees 2,30,000
Listed 1995-11-08
Face Value ₹ 2
Issued Size 10,48,68,13,567

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