WIT
| Market cap | $26.48B | 
|---|---|
| Enterprise value | $27.83B | 
| Revenue | ₨10.765B | 
|---|---|
| EBITDA | ₨2.034B | 
| Income | ₨110.508B | 
| Revenue Q/Q | -7.70% | 
| Revenue Y/Y | N/A | 
| P/E | 26.71 | 
|---|---|
| Forward P/E | N/A | 
| EV/Sales | 206.35 | 
| EV/EBITDA | 1,092.15 | 
| EV/EBIT | 14.14 | 
| PEG | 1.18 | 
| Price/Sales | 2.40 | 
| P/FCF | 0.17 | 
| Price/Book | 2.79 | 
| Book/Share | 2.30 | 
| Cash/Share | 1.55 | 
| FCF yield | 5.36% | 
| Volume | 1.116M / 4.229M | 
|---|---|
| Relative vol. | 0.26 × | 
| EPS | 0.24 | 
|---|---|
| EPS Q/Q | -14.29% | 
| Est. EPS Q/Q | 0.00% | 
| Profit margin | 12.54% | 
|---|---|
| Oper. margin | 14.96% | 
| Gross margin | 28.67% | 
| EBIT margin | 14.96% | 
| EBITDA margin | 18.89% | 
| Ret. on assets | 9.80% | 
|---|---|
| Ret. on equity | 15.29% | 
| ROIC | 9.09% | 
| ROCE | 15.49% | 
| Debt/Equity | 0.51 | 
|---|---|
| Net debt/EBITDA | -437.33 | 
| Current ratio | 2.58 | 
| Quick ratio | 2.57 | 
| Volatility | 1.62% | 
|---|---|
| Beta | 0.82 | 
| RSI | 79.17 | 
|---|
| Insider ownership | 0.00% | 
|---|---|
| Inst. ownership | 2.20% | 
| Shares outst. | 5.230B | 
|---|---|
| Shares float | 0.000 0.00% | 
| Short % of float | 0.00% | 
| Short ratio | 5.26 | 
| Dividend | $0.01 | 
|---|---|
| Dividend yield | 0.19% | 
| Payout ratio | 5.02% | 
| Payment date | N/A | 
| Ex-dividend date | N/A | 
| Earnings date | 19 Jul 2024 | 
| 
Friday, 14 June 2024
 | |
| Hanesbrands Inc. Strengthens Wipro Partnership to Accelerate Digital Transformation | |
| 
Wednesday, 22 May 2024
 | |
| Wipro Annual Report 2024 on Form 20-F Available Online for ADS Holders | |
| 
Tuesday, 26 March 2024
 | |
| Wipro GE Healthcare to invest $960 million in R&D, manufacturing in India | |
| 
Tuesday, 5 March 2024
 | |
| UPDATE 1-GM, Magna and Wipro team up for automotive software marketplace | |
| 
Sunday, 14 January 2024
 | |
| Wipro Jumps 10% After 3Q Earnings Signal Recovery in Tech Demand | |
| India’s Nifty 50 crosses 22,000 to hit record high, Wipro leads tech rally | |
| 
Sunday, 19 November 2023
 | |
| 16 Most Profitable Penny Stocks Now | |
| 
Thursday, 9 November 2023
 | |
| India's Wipro likely to skip pay hikes for top performers in key business line - memo | |
| 
Tuesday, 7 November 2023
 | |
| India's Wipro asks employees to work from office thrice a week | |
| 
Thursday, 28 September 2023
 | |
| UPDATE 1-Cognizant appoints former Wipro finance chief Jatin Dalal as CFO | |
| 
Friday, 22 September 2023
 | |
| India's Wipro slides after CFO Dalal resigns in latest high-profile exit | |
| 
Thursday, 21 September 2023
 | |
| Wipro Appoints Aparna C Iyer as Chief Financial Officer | |
| Wipro CFO Dalal resigns, insider Iyer named new finance chief | |
| 
Sunday, 13 August 2023
 | |
| 12 Best Quality Penny Stocks to Buy | |
| 
Tuesday, 1 August 2023
 | |
| Wipro Recognized as ‘Leader’ in the ISG Provider Lens™ Cybersecurity — Solutions and Services report for Singapore & Malaysia | |
| 
Tuesday, 11 July 2023
 | |
| Wipro Launches Wipro ai360, Commits to Investing $1 Billion in AI Over the Next Three Years | |
| India's Wipro commits $1 billion investment into AI | |
| 10 Most Undervalued Cybersecurity Stocks To Buy According To Hedge Funds | |
| 
Thursday, 6 July 2023
 | |
| Wipro Limited to Announce Results for the First Quarter Ended June 30, 2023, on July 13, 2023 | |
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Price target
Current $6.41
Average $0.06
Low $0
High $0
Dividends
| Ex-dividend date | N/A | Frequency | Annual | Annual dividend | -84.54% | 
|---|---|---|---|---|---|
| Next dividend | N/A | Dividend yield | 0.19% | Growth period | N/A | 
| Last dividend date | Yield 3 years | 0.70% | Growth 3 years | -4.62% | |
| Last dividend | Yield 5 years | 0.50% | Growth 5 years | -5.20% | 
| Insider | Age | Since | Compensation | 
|---|---|---|---|
| Thierry Delaporte (54) MD, CEO, Director, and Member of Exec. Board | 54 | $8,898,018 | |
| Rishad Azim Hasham Premji Jr. (44) Exec. Chairman | 44 | $1,570,842 | |
| Kumudha Sridharan (57) Sr. VP | 57 | ||
| Keyur Maniar BE, MBA, Diploma (51) Sr. VP | 51 | ||
| Sunita Rebecca Cherian (47) Chief Culture Officer | 47 | ||
| Deepak Acharya (54) SVP, Chief Risk Officer, and Gen. Counsel | 54 | ||
| Mohammed Sanaulla Khan (51) VP, Compliance Officer, and Company Sec. | 51 | ||
| Jatin Pravinchandra Dalal (46) Pres, CFO, and Exec. Board Member | 46 | ||
| Saurabh Govil (53) Pres, Chief HR Officer, and Exec. Board Member | 53 | ||
| B. M. Bhanumurthy (57) Pres and COO | 57 | 
Wipro Limited is an Indian multinational corporation that provides information technology, consulting and business process services.
- Technology > IT Consulting & Other Services
- Wipro Ltd., Doddakannelli, Bengaluru 560035, India
- 91 80 2844 0011
- Investor relations
Dividends
| Ex-dividend date | N/A | Frequency | Annual | Annual dividend | -84.54% | 
|---|---|---|---|---|---|
| Next dividend | N/A | Dividend yield | 0.19% | Growth period | N/A | 
| Last dividend date | Yield 3 years | 0.70% | Growth 3 years | -4.62% | |
| Last dividend | Yield 5 years | 0.50% | Growth 5 years | -5.20% | 
Quarterly EPS estimates
Profit margin
Debt to assets
Cash flow
Balance sheet
| (in millions INR) | 22 May 2024 | 24 Oct 2023 | |
|---|---|---|---|
| Current assets | |||
| Cash | ₨390,648.706801 | ₨324,081.14956 | |
| Short term investments | ₨115,452.350433 | ₨126,269.04668 | |
| Net receivables | ₨115,832.351454 | ₨109,798.378355 | |
| Inventory | ₨868.163541 | ₨1,229.182996 | |
| Other current assets | ₨115,452.350433 | ₨126,269.04668 | |
| Total current assets | ₨622,801.572229 | ₨561,377.757591 | |
| Long term investments | ₨480,310.761255 | ₨481,009.72402 | |
| Property, plant & equipment | ₨78,113.660712 | ₨79,725.135361 | |
| Goodwill | ₨302,471.240717 | ₨297,203.206626 | |
| Intangible assets | ₨31,345.776897 | ₨36,567.474466 | |
| Other assets | ₨44,938.710136 | ₨43,900.352261 | |
| Total assets | ₨1,103,112.333484 | ₨1,042,387.481611 | |
| Current liabilities | |||
| Accounts payable | ₨22,278.397376 | ||
| Short long term debt | ₨84,602.393508 | ₨98,265.552104 | |
| Other current liabilities | ₨134,767.314156 | ₨147,179.550854 | |
| Total current liabilities | ₨241,648.10504 | ₨245,445.102958 | |
| Long term debt | ₨72,996.568881 | ₨73,661.741645 | |
| Other liabilities | ₨52,691.879577 | ₨37,155.678351 | |
| Minority interest | ₨1,282.623093 | ₨789.709294 | |
| Total liabilities | ₨385,338.264324 | ₨371,747.733873 | |
| Stockholders' equity | |||
| Common stock | ₨416,549.592115 | ₨417,650.750042 | |
| Retained earnings | ₨603,920.211686 | ₨554,127.40106 | |
| Treasury stock | |||
| Capital surplus | |||
| Total stockholder equity | ₨717,774.06916 | ₨670,639.747738 | |
| Net tangible assets | ₨383,957.051546 | ₨336,869.066646 | |
| (in millions INR) | 2023 | 2022 | ||
|---|---|---|---|---|
| Current assets | ||||
| Cash | ₨389,409.520127 | ₨103,836 | ||
| Short term investments | ₨122,700.618356 | ₨241,655 | ||
| Net receivables | ₨128,544.984296 | ₨199,048 | ||
| Inventory | ₨1,153.33999 | ₨1,334 | ||
| Other current assets | ₨122,700.618356 | ₨74,879 | ||
| Total current assets | ₨641,808.462769 | ₨620,752 | ||
| Long term investments | ₨499,708.82112 | ₨19,883 | ||
| Property, plant & equipment | ₨86,072.365437 | ₨109,768 | ||
| Goodwill | ₨298,984.946632 | ₨246,989 | ||
| Intangible assets | ₨41,789.158125 | ₨43,555 | ||
| Other assets | ₨49,950.883119 | ₨38,235 | ||
| Total assets | ₨1,141,517.283889 | ₨1,079,182 | ||
| Current liabilities | ||||
| Accounts payable | ₨21,094.083581 | ₨28,683 | ||
| Short long term debt | ₨94,598.14977 | ₨95,233 | ||
| Other current liabilities | ₨144,249.047993 | ₨105,006 | ||
| Total current liabilities | ₨259,941.281345 | ₨308,329 | ||
| Long term debt | ₨74,971.953449 | ₨56,463 | ||
| Other liabilities | ₨32,947.855696 | ₨40,540 | ||
| Minority interest | ₨571.81587 | ₨515 | ||
| Total liabilities | ₨383,143.816177 | ₨420,509 | ||
| Stockholders' equity | ||||
| Common stock | ₨437,172.942201 | ₨10,964 | ||
| Retained earnings | ₨641,680.313881 | ₨598,313 | ||
| Treasury stock | ₨47,315 | |||
| Capital surplus | ₨1,566 | |||
| Total stockholder equity | ₨758,373.467712 | ₨658,158 | ||
| Net tangible assets | ₨417,599.362954 | ₨367,614 | ||
Income statement
| (in millions INR) | 22 May 2024 | 24 Oct 2023 | |
|---|---|---|---|
| Revenue | |||
| Total revenue | ₨208,043.658857 | ₨216,051.221058 | |
| Cost of revenue | ₨147,292.741032 | ₨152,751.655192 | |
| Gross profit | ₨60,750.917825 | ₨63,299.565866 | |
| Operating activities | |||
| Research & development | |||
| Selling, general & administrative | ₨27,451.740723 | ₨31,560.544823 | |
| Total operating expenses | ₨174,740.645466 | ₨184,312.200015 | |
| Operating income | ₨33,303.013391 | ₨31,739.021043 | |
| Income from continuing operations | |||
| Net other income | |||
| EBIT | ₨33,105.858062 | ₨31,710.234556 | |
| Income before tax | ₨36,223.029371 | ₨33,672.513421 | |
| Income tax expense | ₨9,431.256518 | ₨8,078.447808 | |
| Minority interest | ₨222.785392 | ₨201.505409 | |
| Net income | |||
| Net income | ₨26,568.987461 | ₨25,392.560204 | |
| Income (for common shares) | ₨26,568.987461 | ₨25,392.560204 | |
| (in millions INR) | 2023 | 2022 | ||
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | ₨878,476.158616 | ₨790,934 | ||
| Cost of revenue | ₨626,615.052973 | ₨565,030 | ||
| Gross profit | ₨251,861.105643 | ₨225,904 | ||
| Operating activities | ||||
| Research & development | ||||
| Selling, general & administrative | ₨120,669.65265 | ₨47,920 | ||
| Total operating expenses | ₨747,284.705623 | ₨657,189 | ||
| Operating income | ₨131,191.452993 | ₨133,745 | ||
| Income from continuing operations | ||||
| Net other income | ₨17,530 | |||
| EBIT | ₨131,136.115973 | ₨133,745 | ||
| Income before tax | ₨143,349.093304 | ₨151,275 | ||
| Income tax expense | ₨33,000.280241 | ₨28,946 | ||
| Minority interest | ₨160.18611 | ₨515 | ||
| Net income | ||||
| Net income | ₨110,188.626953 | ₨122,191 | ||
| Income (for common shares) | ₨110,188.626953 | ₨122,191 | ||
Cash flows
| (in millions INR) | 22 May 2024 | 24 Oct 2023 | |
|---|---|---|---|
| Net income | ₨26,568.987461 | ₨25,392.560204 | |
| Operating activities | |||
| Depreciation | ₨7,996.580666 | ₨8,509.012074 | |
| Change in accounts receivable | ₨115,832.351454 | ₨109,798.378355 | |
| Changes in inventory | ₨868.163541 | ₨1,229.182996 | |
| Total cash flows from operations | ₨49,710.240571 | ₨36,571.388345 | |
| Investing activities | |||
| Capital expenditures | -₨4,054.266492 | -₨1,865.732628 | |
| Investments | |||
| Other cash flows from investing | |||
| Total cash flows from investing | -₨19,626.479431 | ₨116,059.353975 | |
| Financing activities | |||
| Dividends paid | |||
| Net borrowings | -₨348,502.094845 | -₨278,422.902492 | |
| Other cash flows from financing | |||
| Total cash flows from financing | -₨23,637.363088 | -₨139,016.444838 | |
| Effect of exchange rate | |||
| Change in cash and equivalents | ₨390,648.706801 | ₨324,081.14956 | |
| (in millions INR) | 2023 | 2022 | ||
|---|---|---|---|---|
| Net income | ₨110,188.626953 | ₨122,191 | ||
| Operating activities | ||||
| Depreciation | ₨32,427.493546 | ₨30,911 | ||
| Change in accounts receivable | -₨186.111853 | -₨43,229 | ||
| Changes in inventory | -₨252.889035 | -₨256 | ||
| Total cash flows from operations | ₨126,790.703689 | ₨110,797 | ||
| Investing activities | ||||
| Capital expenditures | -₨14,401.216672 | -₨20,153 | ||
| Investments | -₨60,099 | |||
| Other cash flows from investing | -₨15,133 | |||
| Total cash flows from investing | -₨81,612.395813 | -₨224,495 | ||
| Financing activities | ||||
| Dividends paid | -₨5,467 | |||
| Net borrowings | -₨342,540.035264 | ₨58,580 | ||
| Other cash flows from financing | -₨33,943 | |||
| Total cash flows from financing | -₨59,104.791168 | ₨46,586 | ||
| Effect of exchange rate | ₨1,282 | |||
| Change in cash and equivalents | ₨25,212.014911 | -₨65,830 | ||
Recent institutional transactions
| Quarter | Shareholder | Change | Shares owned Shares | Value (in thousands USD) | 
|---|---|---|---|---|
| 2024 Q1 | Morgan Stanley | +31.02%
 | 12,109,140 | $69,627,563 | 
| 2024 Q1 | Bnp Paribas Financial Markets | +65.49%
 | 6,160,285 | $35,421,639 | 
| 2024 Q1 | Schroder Investment Management Group | +1,105.89%
 | 1,514,273 | $8,707,070 | 
| 2024 Q1 | Blackrock | +4.41%
 | 30,758,552 | $176,861,676 | 
| 2024 Q1 | Bank Of America Corp de/ | -77.61%
 | 277,322 | $1,594,602 | 
| 2024 Q1 | Jpmorgan Chase & Co | +15.84%
 | 6,763,379 | $38,889,429 | 
| 2024 Q1 | Goldman Sachs Group Inc | +13.43%
 | 5,833,736 | $33,543,983 | 
| 2024 Q1 | Deutsche Bank Ag\ | +33.28%
 | 2,543,930 | $14,627,598 | 
| 2024 Q1 | Invesco | -93.55%
 | 42,674 | $245,376 | 
| 2024 Q1 | State Street Corp | -6.71%
 | 7,909,717 | $45,480,873 | 
Institutional shareholders
| Shareholder | Stake | Shares owned Shares | Value (in thousands USD) | 
|---|---|---|---|
| Blackrock | 0.59% | 30,758,552 | |
| Vanguard Group Inc | 0.24% | 12,472,687 | |
| Morgan Stanley | 0.23% | 12,109,140 | |
| State Street Corp | 0.15% | 7,909,717 | |
| Acadian Asset Management | 0.13% | 6,786,259 | |
| Jpmorgan Chase & Co | 0.13% | 6,763,379 | |
| Bnp Paribas Financial Markets | 0.12% | 6,160,285 | |
| Goldman Sachs Group Inc | 0.11% | 5,833,736 | |
| Aperio | 0.09% | 4,741,413 | |
| Nordea Investment Management Ab | 0.06% | 3,253,354 |