Wipro Ltd logo

Wipro Ltd

WIPRO NSE

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]

AI Verdict: HOLD Confidence: 5%

Wipro trades at an undemanding PE of 14.3x with an attractive 6.11% dividend yield, but a 1-year stock CAGR of -32% and sluggish sales growth of just 4% TTM signal persistent execution challenges. The risk-reward is balanced at current levels, warranting a hold until revenue momentum visibly improves.

Key Fundamentals

LargecapComputer Software & ConsultingInformation Technology
Market Cap
1.8L Cr
Volatility
Moderate
P/E Ratio
13.9
EBITDA
₹17,811 Cr
Return on Equity
14.88%
Debt to Equity
0.23
Book Value
₹83.8
EPS
₹21.37
52W High
₹273.1
52W Low
₹171.49

Technical Indicators

Key Insights

Strengths

2
  • Stock is providing a good dividend yield of 6.30%.
  • Company has been maintaining a healthy dividend payout of 46.7%

Weaknesses

2
  • The company has delivered a poor sales growth of 8.38% over past five years.
  • Working capital days have increased from 34.6 days to 125 days

Growth Rate

Revenue Growth
-0.37% ↘
Net Income Growth
-1.08% ↘
Cash Flow Change
-3.85% ↘
ROE
7.59% ↘
ROCE
6.84% ↘
EBITDA Margin (Avg.)
-21.69% ↘

AI Analysis — Bull vs Bear

Anthropic anthropic claude-opus-4.6 1d ago
HOLD
Risk medium

Wipro trades at an undemanding PE of 14.3x with an attractive 6.11% dividend yield, but a 1-year stock CAGR of -32% and sluggish sales growth of just 4% TTM signal persistent execution challenges. The risk-reward is balanced at current levels, warranting a hold until revenue momentum visibly improves.

Bull Case 7
  • Attractive dividend yield of 6.11%, well above the IT sector average of ~2-3%, providing meaningful income support to investors
  • Healthy dividend payout ratio of 46.7% demonstrates management commitment to shareholder returns even during a growth slowdown
  • Reasonable valuation at PE of 14.3x, trading at a significant discount to peers like TCS (28x) and Infosys (22x)
  • Consistent ROE averaging 16% over 5 years indicates the business generates respectable returns on shareholder equity
  • 10-year compounded sales growth of 6% and profit growth of 4% show the company has a stable, if unspectacular, long-term earnings base
  • Price-to-book of 2.15x is modest for an asset-light IT services company, suggesting limited downside from current levels
  • Market cap of Rs 1,86,794 crore provides institutional-grade liquidity and index inclusion benefits
Bear Case 8
  • Stock CAGR of -32% over 1 year reflects severe erosion in investor confidence and possible structural de-rating
  • Sales growth of just 1% CAGR over 3 years signals near-stagnation in revenue, lagging industry peers significantly
  • Working capital days ballooned from 34.6 to 125 days, indicating serious deterioration in cash conversion efficiency
  • Analyst consensus is bearish with only 17.5% recommending buy versus 35% recommending sell out of 40 analysts
  • TTM profit growth of just 1% shows margin expansion has also stalled alongside tepid revenue growth
  • 5-year stock CAGR of -8% means long-term holders have destroyed wealth even before adjusting for inflation
  • 5-year compounded sales growth of 8.38% described as poor, and recent TTM of 4% shows further deceleration
  • ROE declined from 10-year average of 17% to last year's 15%, suggesting gradual deterioration in capital efficiency

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

AI News Digest

Anthropic anthropic claude-opus-4.6 1d ago
Positives 5
  • Aggne Global stake raised to 80% Jun 1

    Wipro's subsidiary will acquire an additional 20% stake in Aggne Global Inc. for USD 28.5 Million, closing by June 5, 2026, raising holding to 80%.

  • ServiceNow Agentic AI partnership May 28

    Wipro integrates its Wipro Intelligence platform with ServiceNow AI Platform to scale agentic AI workflows across IT, HR, procurement, and cybersecurity.

  • METRO AG data center migration done Jun 18

    Wipro completed a multi-year data center migration for METRO AG enabling a cloud-first strategy, using AI tools for automation and efficiency.

  • Applied AI CoE for Claude launched Jun 16

    Wipro inaugurated an Applied AI Center of Excellence in Bengaluru to scale enterprise AI adoption using Anthropic's Claude models.

  • Palo Alto AI cyber defense expansion Jun 24

    Wipro expanded its Palo Alto Networks partnership on June 23, integrating Cortex XSIAM with its CyberShield platform across eight Cyber Defense Centers.

Neutral 7
  • ₹15,000 crore buyback at ₹250/share Jun 9

    Wipro announced a ₹15,000 crore buyback for 60 crore equity shares at ₹250 each, opening June 11 with record date June 5, 2026.

  • Alpha Net deal extended to Sep 30 Jun 23

    Wipro extended the Alpha Net Consulting acquisition completion date from June 30 to September 30, 2026.

  • AGM scheduled for July 15, 2026 Jun 22

    Wipro's 80th AGM is set for July 15, 2026 at 9 AM IST via video conferencing, with dividend confirmation and director re-appointment on the agenda.

  • BRSR filed with 92% emission cut Jun 22

    Wipro filed its FY 2025-26 Business Responsibility and Sustainability Report showing a 92% reduction in Scope 1 & 2 emissions.

  • Promoter shares fully unencumbered Jun 16

    All shares held by Wipro's promoter group are free from encumbrance as of March 31, 2026, per disclosure to stock exchanges.

  • BSR & Co appointed statutory auditor Jun 2

    Wipro's board approved B S R & Co. LLP as statutory auditor for five years starting FY 2027-28, with KPMG for US SEC filings.

  • FY26 Form 20-F filed with SEC Jun 3

    Wipro filed its FY26 Annual Report on Form 20-F with the US SEC on June 2, 2026, available online for ADS holders.

TL;DR: Wipro is leaning heavily into AI partnerships (ServiceNow, Palo Alto Networks, Anthropic) and scaling its managed services capabilities, signalling a clear pivot toward AI-driven revenue streams. The ₹15,000 crore buyback provides near-term capital return support. No material headwinds emerged in this period, though the Alpha Net deal extension introduces minor execution uncertainty. The trend is constructive with accelerating AI positioning and no visible demand or margin concerns.

Quarterly Results

  Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Sales
23,190
22,831
22,516
22,205
22,208
21,964
22,302
22,319
22,504
22,135
22,697
23,556
24,236
Expenses
18,671
18,627
18,546
18,007
17,828
17,614
17,798
17,779
17,880
17,902
18,325
19,259
19,327
Operating Profit
4,519
4,204
3,970
4,198
4,381
4,350
4,503
4,540
4,624
4,233
4,372
4,296
4,909
OPM %
19%
18%
18%
19%
20%
20%
20%
20%
21%
19%
19%
18%
20%
Other Income
632
640
740
598
653
730
962
1,005
1,217
1,072
963
1,008
857
Interest
286
309
303
312
331
329
357
415
377
361
361
366
370
Depreciation
847
738
897
932
840
729
831
676
722
686
692
805
728
PBT
4,018
3,798
3,509
3,552
3,862
4,022
4,278
4,453
4,743
4,258
4,282
4,134
4,668
Tax %
23%
24%
24%
24%
26%
24%
25%
24%
24%
22%
24%
24%
25%
Net Profit
3,094
2,886
2,667
2,701
2,858
3,037
3,227
3,367
3,588
3,336
3,262
3,145
3,522
EPS in Rs
2.8
2.61
2.53
2.58
2.71
2.87
3.07
3.2
3.41
3.18
3.1
2.97
3.34
Figures in ₹ Crores

Profit & Loss

  Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
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
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
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
OPM %
22%
21%
20%
19%
20%
20%
24%
21%
19%
19%
20%
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
Interest
350
558
594
583
738
733
509
532
1,008
1,255
1,477
1,458
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
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
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
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
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
33,098
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
1,41,408
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
42,520
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
1,41,408
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
-3,342
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
-2,537
Free Cash Flow
6,699
6,570
7,750
6,353
9,548
7,842
12,873
9,138
11,631
16,973
15,651
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
125
ROCE %
27%
23%
19%
17%
19%
20%
22%
21%
18%
17%
20%
18%

Shareholding Pattern

As of Mar 2026
Promoters 72.62%
FIIs 10.79%
DIIs 7.86%
Public 6.60%
Others 2.12%
Total 99.99%
  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 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%
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%
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%
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%
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%
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%
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

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 ₹181968.96 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 13.90. 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 ₹171.49 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 6.30%. 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 14.88%. 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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