Wipro Ltd’s fundamental analysis highlights key financial metrics including market capitalization of ₹253,402.67 crore, PE ratio of 22.94, debt-to-equity ratio of 22.05, and return on equity of 14.5%. These figures reflect the company’s financial health and current market valuation.
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Wipro Ltd Overview
Wipro Ltd is a leading global information technology, consulting, and business process services company. It operates in the IT services sector, providing a wide range of technology solutions and services to clients across various industries.
The company has a market capitalization of ₹253,402.67 crore and is listed on both the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE). Currently, the stock is trading 15.48% below its 52-week high and 33.89% above its 52-week low.
Wipro Financial Results
Wipro Ltd experienced a slight fluctuation in sales over the past three years, reaching ₹89,760 crore in FY 24 from ₹79,312 crore in FY 22. Operating profits remained consistent at around ₹16,700 crore, maintaining an operating margin (OPM) of 19% in FY 24 compared to 21% in FY 22.
1. Revenue Trend: Sales slightly decreased from ₹90,488 crore in FY 23 to ₹89,760 crore in FY 24, indicating a minor decline after growth from FY 22.
2. Equity and Liabilities: For FY 24, equity and liabilities totaled ₹1,14,791 crore, a slight decrease from ₹1,17,134 crore in FY 23. Non-current liabilities increased to ₹14,878 crore, while current liabilities reduced to ₹25,246 crore.
3. Profitability: Net profit slightly decreased from ₹11,367 crore in FY 23 to ₹11,112 crore in FY 24, despite stable revenue.
4. Earnings per Share (EPS): EPS remained stable, with a slight decrease from ₹20.73 in FY 23 to ₹20.89 in FY 24.
5. Return on Net Worth (RoNW): The decrease in net profit from FY 23 suggests potential pressure on return on net worth.
6. Financial Position: The company maintained a strong financial position with steady EBITDA growth, though interest liabilities increased from FY 23 to FY 24.
Wipro Ltd Financial Analysis
| FY 24 | FY 23 | FY 22 | |
| Sales | 89,760 | 90,488 | 79,312 |
| Expenses | 72,985 | 73,634 | 62,628 |
| Operating Profit | 16,776 | 16,854 | 16,684 |
| OPM % | 19 | 19 | 21 |
| Other Income | 2,631 | 2,266 | 2,061 |
| EBITDA | 19,407 | 19,119 | 18,745 |
| Interest | 1,255 | 1,008 | 533 |
| Depreciation | 3,407 | 3,340 | 3,078 |
| Profit Before Tax | 14,744 | 14,771 | 15,135 |
| Tax % | 24 | 23 | 19 |
| Net Profit | 11,112 | 11,367 | 12,243 |
| EPS | 20.89 | 20.73 | 22.37 |
| Dividend Payout % | 4.79 | 4.82 | 26.82 |
* Consolidated Figures in Rs. Crores
Wipro Ltd Company Metrics
Wipro’s market cap is ₹253,402.67 crore with a book value of ₹74,667 crore. The face value per share is ₹2. Total debt is ₹16,464.9 crore, ROE is 14.5%, and quarterly EBITDA is ₹5,079.3 crore. The dividend yield stands at 0.21%.
Market Capitalization:
Market Capitalization represents the total market value of Wipro’s outstanding shares, amounting to ₹253,402.67 crore.
Book Value:
The book value per share of Wipro Ltd is ₹143 indicating the value of the company’s net assets divided by its shares outstanding.
Face Value:
The face value of Wipro’s shares is ₹2, which is the nominal value of each share as stated on the share certificate.
Asset Turnover Ratio:
The Asset Turnover Ratio of 0.8 measures how efficiently Wipro uses its assets to generate sales revenue or sales income.
Total Debt:
The Total Debt of Wipro stands at ₹16,464.9 crore, representing the total amount of money the company owes to creditors.
Return on Equity (ROE):
The ROE of 14.5% measures Wipro’s profitability by revealing how much profit the company generates with the money shareholders have invested.
EBITDA (Q):
The quarterly EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) of Wipro is ₹5,079.3 crore, indicating the company’s operating performance.
Dividend Yield:
The dividend yield of 0.21% shows the annual dividend payment as a percentage of Wipro’s current share price, indicating the return on investment from dividends alone.
Wipro Stock Performance
Wipro Ltd has demonstrated mixed investment returns, with 18.9% in one year, a decline of 7.24% over three years, and growth of 14.4% over five years, showcasing fluctuating performance. Here’s the impact on a ₹1,000 investment:
| Period | Return on Investment (%) |
| 1 Year | 18.9 |
| 3 Years | -7.24 |
| 5 Years | 14.4 |
Example: If an investor had invested ₹1,000 in Wipro’s stock:
1 year ago: Your investment would have increased to ₹1,189.
3 years ago: The investment would have decreased to ₹927.
5 years ago: The investment would have grown to ₹1,144.
Wipro Ltd Peer Comparison
Wipro Ltd, with a market capitalization of ₹2,56,921 crore and a P/E ratio of 22.94, shows a moderate annual return of 18.94%. It stands out for its low dividend yield of 0.20% and ROCE of 16.93%, indicating conservative growth and reinvestment strategies compared to peers like TCS and Infosys.
| Name | CMP Rs. | Mar Cap Rs.Cr. | P/E | ROE % | EPS 12M Rs. | 1Yr return % | ROCE % | Div Yld % |
| TCS | 4,215 | 15,25,187 | 32 | 52 | 129 | 23 | 64 | 1.30 |
| Infosys | 1,799 | 7,46,825 | 28 | 32 | 64 | 29 | 40 | 2.13 |
| HCL Technologies | 1,595 | 4,32,925 | 26 | 23 | 61 | 36 | 29.6 | 3.29 |
| Wipro | 491 | 2,56,921 | 23 | 14 | 21 | 18.94 | 16.93 | 0.20 |
| LTIMindtree | 5,418 | 1,60,471 | 35 | 25 | 154 | 5 | 31 | 1.21 |
| Tech Mahindra | 1,520 | 1,48,601 | 59 | 9 | 26 | 23 | 11.88 | 2.63 |
| Persistent Sys | 4,709 | 72,534 | 62 | 24 | 76 | 92 | 29.17 | 0.56 |
Wipro Shareholding Pattern
Wipro Ltd has maintained a majority control by promoters, holding slightly over 72% across recent quarters, showing a slight decrease from 73% in December 2023 to 72.82% in June 2024. FII participation has increased marginally from 6.7% to 7.12%, while DII and retail holdings have remained stable.
| All values in % | Jun-24 | Mar-24 | Dec-23 |
| Promoters | 72.82 | 72.89 | 73 |
| FII | 7.12 | 6.96 | 6.7 |
| DII | 10.57 | 10.67 | 10.5 |
| Retail & others | 9.47 | 9.48 | 9.92 |
Wipro Limited History
Wipro Limited is a global technology services and consulting company with a diverse portfolio of offerings. The company operates through two main segments: Information Technology (IT) Services and IT Products, catering to a wide range of client needs across various industries.
The IT Services segment forms the core of Wipro’s business, providing a comprehensive suite of services. These include digital strategy advisory, customer-centric design, technology consulting, IT consulting, custom application design, and maintenance. Additionally, Wipro offers systems integration, package implementation, cloud and infrastructure services, business process services, and analytics solutions.
Wipro’s service offerings have expanded to include cutting-edge technologies and methodologies. The company provides services in areas such as Artificial Intelligence, Cloud Computing, Digital Experiences, and Engineering. Wipro also focuses on sustainability solutions, reflecting its commitment to addressing modern business challenges and environmental concerns.
How To Invest In Wipro LimitedShare?
To invest in Wipro Limited shares, begin by opening a demat account with Alice Blue. Complete the necessary KYC process and fund your account with the desired investment amount.
Research the company’s fundamentals, financial performance, and market trends before making an investment decision. Use the trading platform provided by the broker to place a buy order for Wipro shares at your preferred price.
Monitor your investment regularly and stay informed about company news and market developments. Consider setting up a systematic investment plan (SIP) for long-term investing in the stock if it aligns with your financial goals.
Wipro Limited Fundamental Analysis – FAQs
Fundamental analysis of Wipro Ltd examines key financial metrics: Market Cap (₹253,402.67 crores), PE Ratio (22.94), Debt to Equity (22.05), and Return on Equity (14.5%). These indicators provide insights into the company’s financial health, market valuation, and overall performance in the IT services sector.
The market capitalization of Wipro Ltd is ₹253,402.67 crore. This figure represents the total value of the company’s outstanding shares in the stock market, calculated by multiplying the current share price by the total number of shares outstanding.
Wipro Limited is a global information technology, consulting, and business process services company. It provides a wide range of IT services including digital strategy, technology consulting, custom application design, cloud services, and AI solutions to clients across various industries worldwide.
Wipro is a public limited company, with Azim Premji and family as the largest shareholders. While the Premji family holds a significant stake through various entities, Wipro is a listed company with multiple shareholders including institutional investors and public shareholders.
Determining if Wipro is a good stock to buy depends on various factors including the company’s financial health, growth prospects, industry trends, and individual investment goals. Investors should conduct thorough research and consider consulting a financial advisor before making investment decisions.
The main shareholders of Wipro Ltd typically include Azim Premji and family (promoter group) as major stakeholders, along with institutional investors (both domestic and foreign), mutual funds, and public shareholders. For the most current shareholding information, refer to the latest pattern disclosed by the company.
Wipro operates in the Information Technology (IT) services industry. It provides a wide range of technology services including digital strategy, consulting, IT solutions, and business process services to clients across various sectors globally.
To invest in Wipro shares, open a demat account with Alice Blue, complete KYC, fund your account, research the company, and use the trading platform to place a buy order for the desired number of shares at your preferred price.
