Wipro Ltd
WIPROWipro Ltd
WIPROPrice Chart
Scorecard
Performance
LowHasn't fared well - amongst the low performers
Valuation
HighSeems to be overvalued vs the market average
Growth
LowLagging behind the market in financials growth
Profitability
HighShowing good signs of profitability & efficiency
Entry point
GoodThe stock is underpriced and is not in the overbought zone
Red flags
LowNo red flag found
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Key Metrics
No LabelNo Label | PB RatioPB Ratio | Dividend YieldDiv. Yield |
---|---|---|
27.15 | 4.27 | 0.16% |
Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
---|---|---|
36.05 | 9.50 | 1.63% |
Forecast & Ratings
Detailed Forecast from 27 analysts
Price
Price Upside
Earnings
Earnings Growth
Revenue
Rev. Growth
Company Profile
Wipro Limited is a global information technology (IT) services provider. It operates through two segments: IT Services and IT Products.
Peers
Compare with peersTata Consultancy Services Ltd
Infosys Ltd
HCL Technologies Ltd
LTIMindtree Ltd
Tech Mahindra Ltd
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Forecasts
Price
Revenue
Earnings
Price Forecast
All values in ₹
All values in ₹
Revenue Forecast
All values in ₹ Thousand cr.
All values in ₹ Thousand cr.
Earnings Per Share Forecast
All values in ₹
All values in ₹
Income
Balance Sheet
Cash Flow
Income Statement
Financial Year | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | TTM | ||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Total Revenue | 53,996.20 | 58,071.00 | 57,036.90 | 61,632.70 | 63,865.50 | 64,338.60 | 81,378.90 | 92,762.20 | 92,391.10 | 91,621.50 | ||||||||||
Raw Materials | 3,055.40 | 2,556.00 | 1,843.40 | 1,407.30 | 936.00 | 695.70 | 673.50 | 649.40 | 383.20 | 71,247.00 | ||||||||||
Power & Fuel Cost | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||||||||||
Employee Cost | 24,553.40 | 26,808.10 | 27,222.30 | 29,977.40 | 32,657.10 | 33,237.10 | 45,007.50 | 53,764.40 | 54,930.10 | |||||||||||
Selling & Administrative Expenses | 10,517.70 | 13,775.70 | 13,853.30 | 14,796.30 | 14,350.40 | 12,523.80 | 4,665.40 | 5,599.20 | 5,364.30 | |||||||||||
Operating & Other expenses | 2,321.70 | 987.70 | 1,181.00 | 1,225.30 | 851.80 | 706.90 | 12,281.40 | 13,635.60 | 12,330.20 | |||||||||||
EBITDA | 13,548.00 | 13,943.50 | 12,936.90 | 14,226.40 | 15,070.20 | 17,175.10 | 18,751.10 | 19,113.60 | 19,383.30 | 20,374.50 | ||||||||||
Depreciation/Amortization | 1,496.10 | 2,310.00 | 2,111.70 | 1,946.70 | 2,085.50 | 2,763.40 | 3,077.80 | 3,340.20 | 3,407.10 | 3,331.80 | ||||||||||
PBIT | 12,051.90 | 11,633.50 | 10,825.20 | 12,279.70 | 12,984.70 | 14,411.70 | 15,673.30 | 15,773.40 | 15,976.20 | 17,042.70 | ||||||||||
Interest & Other Items | 558.20 | 594.20 | 583.00 | 737.50 | 732.80 | 508.80 | 532.50 | 1,007.70 | 1,255.20 | 1,329.00 | ||||||||||
PBT | 11,493.70 | 11,039.30 | 10,242.20 | 11,542.20 | 12,251.90 | 13,902.90 | 15,140.80 | 14,765.70 | 14,721.00 | 15,713.70 | ||||||||||
Taxes & Other Items | 2,585.80 | 2,546.20 | 2,239.40 | 2,538.50 | 2,529.60 | 3,106.50 | 2,911.20 | 3,415.70 | 3,675.80 | 3,972.90 | ||||||||||
Net Income | 8,907.90 | 8,493.10 | 8,002.80 | 9,003.70 | 9,722.30 | 10,796.40 | 12,229.60 | 11,350.00 | 11,045.20 | 11,740.80 | ||||||||||
EPS | 6.76 | 6.50 | 6.40 | 7.46 | 8.28 | 9.65 | 11.16 | 10.35 | 10.31 | 11.23 | ||||||||||
DPS | 1.13 | 0.38 | 0.37 | 0.50 | 0.50 | 0.50 | 3.00 | 0.50 | 0.50 | 0.50 | ||||||||||
Payout ratio | 0.17 | 0.06 | 0.06 | 0.07 | 0.06 | 0.05 | 0.27 | 0.05 | 0.05 | 0.04 |
Company Updates
Annual report
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PDFPeers & Comparison
Information TechnologyIT Services & Consulting
Valuation
Technical
Forecast
Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
---|---|---|---|
Wipro Ltd | 28.86 | 4.27 | 0.16% |
Tata Consultancy Services Ltd | 32.86 | 16.52 | 1.75% |
Infosys Ltd | 30.12 | 8.93 | 2.41% |
HCL Technologies Ltd | 32.76 | 7.53 | 2.74% |
Price Comparison
Compare WIPRO with any stock or ETFShareholdings
Promoter Holdings Trend
Total Promoter Holding
In last 6 months, promoter holding in the company has almost stayed constant
Low Pledged Promoter Holding
Pledged promoter holdings is insignificant
Institutional Holdings Trend
Total Retail Holding
In last 3 months, retail holding in the company has almost stayed constant
Foreign Institutional Holding
In last 3 months, foreign institutional holding of the company has almost stayed constant
Shareholding Pattern
Jun 2024
Sep 2024
Nov 2024
Dec 2024
Shareholding History
Mutual Funds Holding Trend
Mutual Fund Holding
In last 3 months, mutual fund holding of the company has almost stayed constant
Top 5 Mutual Funds holding Wipro Ltd
Funds (Top 5) | The rupee value of the stock held by the fund divided by the stock’s market cap Market-cap held | Percentage of the fund’s portfolio invested in the stock Weight | Change in the portfolio weight of the stock over the last 3 months 3M holding change | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months Portfolio rank(3M change) |
---|---|---|---|---|
Kotak Emerging Equity Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.3071% | Percentage of the fund’s portfolio invested in the stock 1.88% | Change in the portfolio weight of the stock over the last 3 months 1.88% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 65/78 (+8) |
Tata Digital India Fund Direct Plan Growth Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.2972% | Percentage of the fund’s portfolio invested in the stock 7.48% | Change in the portfolio weight of the stock over the last 3 months 2.39% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 4/42 (+3) |
Mirae Asset Large & Midcap Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.2312% | Percentage of the fund’s portfolio invested in the stock 1.90% | Change in the portfolio weight of the stock over the last 3 months 0.08% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 10/110 (+1) |
Compare 3-month MF holding change on Screener
smallcases
Looks like this stock is not in any smallcase yet.
Events
Dividend Trend
No Dividend Cuts
WIPRO has increased or maintained dividend levels over the last 5 years
Dividend Yield
Current dividend yield is 0.16%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹1.64 every year
Dividends
Corp. Actions
Announcements
Legal Orders
Upcoming Dividends
No upcoming dividends are available
Past Dividends
Cash Dividend
Ex DateEx DateJan 24, 2024
Dividend/Share
₹1.00
Ex DateEx Date
Jan 24, 2024
Cash Dividend
Ex DateEx DateJan 24, 2023
Dividend/Share
₹1.00
Ex DateEx Date
Jan 24, 2023
Cash Dividend
Ex DateEx DateApr 5, 2022
Dividend/Share
₹5.00
Ex DateEx Date
Apr 5, 2022
Cash Dividend
Ex DateEx DateJan 21, 2022
Dividend/Share
₹1.00
Ex DateEx Date
Jan 21, 2022
Cash Dividend
Ex DateEx DateJan 22, 2021
Dividend/Share
₹1.00
Ex DateEx Date
Jan 22, 2021
Wipro has allotted 9,51,886 equity shares under ADS Restricted Stock Unit Plan 2004 and 3,74,157 equity shares under the Restricted Stock Unit Plan 2007 on 23 December 2024, pursuant to exercise of ESOPs.Powered by Capital Market - Live
Wipro has allotted 8,31,042 equity shares under ADS Restricted Stock Unit Plan 2004 and 3,50,534 equity shares under the Restricted Stock Unit Plan 2007 on 16 December 2024, pursuant to exercise of ESOPsPowered by Capital Market - Live
Wipro (through its subsidiaries) has completed the acquisition of Applied Value Technologies, Inc. and Applied Value Technologies B.V. on 16 December 2024. The acquisition of Applied Value Technologies Pte is expected to be completed at the latest by 31 December 2024.Powered by Capital Market - Live
Wipro has allotted 25,38,258 equity shares under ADS Restricted Stock Unit Plan 2004 on 10 December 2024, pursuant to exercise of ESOPsPowered by Capital Market - Live
SIAM.AI, a member of the NVIDIA Cloud Partner program in Thailand. The companies will leverage NVIDIA accelerated computing and software to develop an AI-powered digital assistant for the Tourism Authority of Thailand. The AI-powered virtual assistant, 'Sukjai', powered by the NVIDIA AI Enterprise software platform, SIAM.AI and Wipro's Enterprise Generative AI (WeGA) Studio will provide domestic and international travelers with personalized, up-to-date, and timely information to deliver highly tailored experiences, while enabling the Tourism Authority to seamlessly service a growing number of tourists. Specifically, 'Sukjai' will provide 24/7 support and information on things such as transportation guidelines and schedules, destinations and lodging availability, recommended activities based on interest, and crowd flow information at top attractions, etc. It will offer customized recommendations based on individual preferences and include info on emergency services as well as safety and security alerts. Vinay Firake, CEO, Asia Pacific, Middle East and Africa (APMEA), Wipro, said, 'We are excited to collaborate with SIAM.AI and utilize NVIDIA's technology to transform the tourism experience in Thailand. This initiative highlights our deep expertise and investments in delivering highly customized AI solutions, designed to achieve the unique objectives of our clients. With the expected increase in sovereign AI initiatives across geographies, this collaboration with SIAM.AI and the Thai government marks an important milestone in bringing such services to a broader set of clients across markets.' Ratanaphon Wongnapachant, CEO, SIAM.AI Cloud, said, 'Our collaboration with Wipro exemplifies how we're bringing together global expertise and local knowledge to serve Thailand's digital future. Through this partnership, we're leveraging NVIDIA's advanced AI infrastructure while maintaining our commitment to data sovereignty and local value creation. This initiative demonstrates how Thailand can work with global leaders while maintaining control of our AI destiny and advancing our position as a key player in Southeast Asia's AI landscape. Ratanaphon Wongnapachant, CEO, SIAM.AI Cloud, said, 'Our collaboration with Wipro exemplifies how we're bringing together global expertise and local knowledge to serve Thailand's digital future. Through this partnership, we're leveraging NVIDIA's advanced AI infrastructure while maintaining our commitment to data sovereignty and local value creation. This initiative demonstrates how Thailand can work with global leaders while maintaining control of our AI destiny and advancing our position as a key player in Southeast Asia's AI landscape. Wipro is a leading technology services and consulting company focused on building innovative solutions that address clients' most complex digital transformation needs. The IT giant's consolidated net profit grew 6.85% to Rs 3,208.8 crore on 1.54% rise in revenue from operations to Rs 22,301.6 crore in Q2 FY25 over Q1 FY25. On year on year (YoY) basis, the IT firm's net profit grew 21.26% while revenue fell 0.95% in Q2 FY25. The scrip shed 0.68% to end at Rs 297.25 on the BSE on Friday, 6 December 2024.Powered by Capital Market - Live
Wipro announced a collaboration with SIAM.AI, a member of the NVIDIA Cloud Partner program in Thailand. The companies will leverage NVIDIA accelerated computing and software to develop an AI-powered digital assistant for the Tourism Authority of Thailand. This collaboration will utilize infrastructure, data and networks within the country, advancing Thailand's sovereign AI objectives. The AI-powered virtual assistant, 'Sukjai''powered by the NVIDIA AI Enterprise software platform, SIAM.AI and Wipro's Enterprise Generative AI (WeGA) Studio'will provide domestic and international travelers with personalized, up-to-date, and timely information to deliver highly tailored experiences, while enabling the Tourism Authority to seamlessly service a growing number of tourists. Specifically, 'Sukjai' will provide 24/7 support and information on things such as transportation guidelines and schedules, destinations and lodging availability, recommended activities based on interest, and crowd flow information at top attractions, etc. It will offer customized recommendations based on individual preferences and include info on emergency services as well as safety and security alerts.Powered by Capital Market - Live
Wipro has allotted 5,23,20,94,402 equity shares of Rs 2/- each as fully-paid up bonus equity shares, in the ratio of One equity share for every One equity share and One American Depositary Share (ADS) for every One ADS held, to eligible Members whose names appear in the register of Members/list of beneficial owners as on 03 December 2024, being the record date fixed for this purpose. Consequently, the paid-up equity share capital of the Company stands increased to 20,92,83,77,608 consisting of 10,46,41,88,804 equity shares of Rs 2/- each.Powered by Capital Market - Live
The headline equity benchmarks traded minor gains in early trade. The Nifty traded above the 24,450 mark. Barring the Pharma index, all the other sectoral indices on the NSE were traded in green. At 09:27 IST, the barometer index, the S&P BSE Sensex rose 126.71 points or 0.15% to 80,972.46. The Nifty 50 index added 39.55 points or 0.16% to 24,496.70. The broader market outperformed the frontline indices. The S&P BSE Mid-Cap index rose 0.33% and the S&P BSE Small-Cap index rallied 0.36%. The market breadth was strong. On the BSE, 2,109 shares rose and 808 shares fell. A total of 103 shares were unchanged. Foreign portfolio investors (FPIs) bought shares worth Rs 3,664.67 crore, while domestic institutional investors (DIIs) were net sellers to the tune of Rs 250.99 crore in the Indian equity market on 3 December 2024, provisional data showed. Stocks in Spotlight: Wipro rose 0.31%. The company announced partnership with Netskope, a secure access service edge (SASE) leader, to provide cybersecurity optimization advisory services to global enterprises. Oil & Natural Gas Corporation (ONGC) added 0.97%. The company has invested Rs 10,000 crore in its subsidiary, ONGC Petro Additions (OpaL) via right issue. Aditya Birla Capital shed 0.33%. The company invested Rs 300 crore in its subsidiary, Aditya Birla Housing Finance (ABHF), on a right basis. Numbers to Track: The yield on India's 10-year benchmark federal paper was up 1.70% to 6.824 as compared with previous close 6.710. In the foreign exchange market, the rupee edged higher against the dollar. The partially convertible rupee was hovering at 84.6775, compared with its close of 84.6825 during the previous trading session. MCX Gold futures for 5 February 2024 settlement was flat to Rs 75,966. The US Dollar index (DXY), which tracks the greenback's value against a basket of currencies, was up 0.07% to 106.49. The United States 10-year bond yield rose 0.12% to 4.228. In the commodities market, Brent crude for January 2024 settlement gained 06 cents or 0.08% to $73.68 a barrel. Global Markets: The Dow Jones index futures were up 107 points, signaling a positive opening for U.S. stocks today. Asian stocks were mixed on Wednesday following South Korean President Yoon Suk Yeol's surprising decision to impose martial law, a move that he reversed just hours later, unsettling global markets. The benchmark Kospi Index dropped as much as 2% in early Wednesday trading, reflecting the sharp decline in South Korea-related assets during overnight sessions. Yoon Suk Yeol's attempt to impose martial law on Wednesday was short-lived and met with significant resistance. Lawmakers defied security forces and voted against the declaration, while thousands of protesters took to the streets, expressing opposition to the unprecedented move. In the US, indices reached record highs on Tuesday, driven by gains in major technology stocks, though the pace of the rally appeared to be slowing due to growing uncertainty about the economic outlook. The S&P 500 edged up 0.1% to close at 6,049.88, while the NASDAQ Composite rose 0.4% to finish at 19,478.89. In contrast, the Dow Jones Industrial Average dipped 0.2% to 44,705.53. Technology stocks continued to benefit from optimism surrounding artificial intelligence, a sector expected to maintain robust momentum in the months ahead. Additionally, the prospect of lower interest rates provided further support for the tech-heavy market. Meanwhile, investors are eyeing this week's critical jobs data and Federal Reserve Chair Jerome Powell's upcoming remarks for potential signals on whether the Fed will consider cutting rates in December. Powered by Capital Market - Live
Wipro's CyberTransform Optimization Service, powered by Netskope, analyzes organizations' current cybersecurity and infrastructure investments, provides consolidation guidelines, and delivers cost-optimized methods resulting in improved business performance. Wipro's CyberTransform Optimization Service, powered by Netskope, leverages Wipro's proprietary Automated Regulatory Compliance (ArC), a content service that monitors industry-specific national and international regulatory amendments, and Netskope's Valueskope platform, a SaaS-based offering providing detailed financial analyses and tailored business cases. Saugat Sindhu, Global Head, Advisory Services, Cybersecurity and Risk Services, Wipro, said, ''Many organizations today face the challenge of managing application sprawl with distributed technologies in their cybersecurity operations, through this partnership with Netskope, we will be able to deliver tailored SASE business cases and comprehensive financial analyses, enabling our clients to optimize their cybersecurity spend and achieve superior performance outcomes. This collaboration underscores our commitment to driving innovation and value for our enterprise clients.' David Klippel, VP of Business Value Services, Netskope, said, 'Wipro CyberTransform SM Optimization Service, powered by Netskope, provides clients with a comprehensive view of SASE economic and productivity benefits for different network and security transformation scenarios, enabling them to make faster and better decisions to reach desired business outcomes, Netskope is pleased to extend its partnership with Wipro to enhance their Advisory and consulting service in optimizing cybersecurity and infrastructure cost and performance against strategic business outcomes.' Wipro is a leading technology services and consulting company focused on building innovative solutions that address clients' most complex digital transformation needs. The IT giant's consolidated net profit grew 6.85% to Rs 3,208.8 crore on 1.54% rise in revenue from operations to Rs 22,301.6 crore in Q2 FY25 over Q1 FY25. On year on year (YoY) basis, the IT firm's net profit grew 21.26% while revenue fell 0.95% in Q2 FY25. The scrip shed 0.21% to end at Rs 291.70 on the BSE on Tuesday, 3 December 2024.Powered by Capital Market - Live
Wipro announced a partnership with Netskope, a Secure Access Service Edge (SASE) leader, to provide global enterprises with an integrated service that optimizes and improves cybersecurity outcomes for people, processes, and technology investments. Wipro's CyberTransformSM Optimization Service, powered by Netskope, analyzes organizations' current cybersecurity and infrastructure investments, provides consolidation guidelines, and delivers cost-optimized methods resulting in improved business performance. Wipro's CyberTransformSM Optimization Service, powered by Netskope, leverages Wipro's proprietary Automated Regulatory Compliance (ArC), a content service that monitors industry-specific national and international regulatory amendments, and Netskope's Valueskope platform, a SaaS-based offering providing detailed financial analyses and tailored business cases.Powered by Capital Market - Live
Lower than Industry Revenue Growth
Over the last 5 years, revenue has grown at a yearly rate of 8.43%, vs industry avg of 11.41%
Decreasing Market Share
Over the last 5 years, market share decreased from 13.03% to 11.77%
Lower than Industry Net Income
Over the last 5 years, net income has grown at a yearly rate of 4.17%, vs industry avg of 9.23%