IT - Software
Wipro is a prominent Computers - Software & Consulting company with a stock ticker of WIPRO. As of now, it holds a market cap of Rs. 298,162.8 Crores.
Wipro Limited operates on a global scale, providing a wide range of information technology (IT), consulting, and business process services. The company operates through two main segments: IT Services and IT Products.
The IT Services segment delivers a variety of IT and IT-enabled services such as:
Wipro serves customers across multiple sectors, including communications, healthcare, banking and financial services, energy, and manufacturing, among others.
In addition to IT Services, the IT Products segment offers a range of third-party IT products, which include:
Wipro primarily serves enterprises within the Indian market, spanning sectors such as government, defense, telecommunications, and financial services.
Founded in 1945 and headquartered in Bengaluru, India, Wipro has demonstrated strong financial performance, with a trailing 12 months revenue of Rs. 92,141.1 Crores and a profit of Rs. 12,488.1 crores in the last four quarters. The company has experienced a 20% revenue growth over the past three years.
Wipro also distributes dividends to its investors, boasting a dividend yield of 2.11% per year. In the last 12 months, it returned Rs. 6 dividend per share, highlighting its profitability and commitment to shareholder value.
Smart Money: Smart money has been increasing their position in the stock.
Buy Backs: Company has bought back it's stock in the past which is a good thing.
Dividend: Dividend paying stock. Dividend yield of 2.49%.
Balance Sheet: Strong Balance Sheet.
Profitability: Recent profitability of 14% is a good sign.
Size: It is among the top 200 market size companies of india.
Technicals: Bullish SharesGuru indicator.
Momentum: Stock is suffering a negative price momentum. Stock is down -10% in last 30 days.
Comprehensive comparison against sector averages
WIPRO metrics compared to IT
Category | WIPRO | IT |
---|---|---|
PE | 20.35 | 25.52 |
PS | 2.76 | 3.95 |
Growth | -1.3 % | 4.3 % |
WIPRO vs IT (2021 - 2025)
Understand Wipro ownership landscape with insights into key distribution patterns, offering investors a clear view of stakeholder dynamics.
Shareholder Name | Holding % |
---|---|
MR AZIM HASHAM PREMJI PARTNER REPRESENTING ZASH TRADERS | 19.87% |
MR AZIM HASHAM PREMJI PARTNER REPRESENTING PRAZIM TRADERS | 19.49% |
MR AZIM HASHAM PREMJI PARTNER REPRESENTING HASHAM TRADERS | 16.88% |
AZIM PREMJI TRUST | 10.15% |
AZIM H PREMJI | 4.12% |
JP MORGAN CHASE BANK, NA | 2.78% |
LICI ULIP-SECURED FUND | 2.67% |
PRAZIM TRADING AND INVESTMENT COMPANY PVT LTD | 1.62% |
AZIM PREMJI PHILANTHROPIC INITIATIVES PRIVATE LIMITED | 0.26% |
TARIQ AZIM PREMJI | 0.13% |
RISHAD AZIM PREMJI | 0.13% |
YASMEEN A PREMJI | 0.05% |
HASHAM INVESTMENT AND TRADING CO PVT LTD | 0.03% |
Distribution across major stakeholders
Distribution across major institutional holders
Summary of Wipro's latest earnings call, featuring management's outlook on business performance, financial results, and analyst Q&A sessions that highlight key strategic initiatives and market challenges.
Last updated: Apr 25
Management Outlook and Major Points:
Outlook:
Wipro's management anticipates continued macroeconomic uncertainty, particularly influenced by recent tariff announcements, leading clients to adopt a cautious approach towards large transformation programs and discretionary spending. They expect Q1 FY26 IT Services revenue to decline between -3.5% and -1.5% sequentially (constant currency). However, margins are projected to remain stable in a narrow band (17.5% in Q4) through cost optimization and operational rigor. Growth recovery is anticipated in H2 FY26, driven by large deal ramps (e.g., the Phenix Steel deal in Europe) and pipeline conversions.
Major Points:
Guidance: Near-term caution with H2 recovery expected as large deals ramp up and macroeconomic conditions stabilize.
Last updated: Apr 25
Question 1 (Nitin Padmanabhan, Investec):
"Just wanted your thoughts on which verticals are you seeing the highest impacts at this point in time?"
Answer: Sectors like consumer, manufacturing (automotive/industrial), and Europe's BFSI face direct macroeconomic uncertainty. Clients are cautious, delaying discretionary spends, but Wipro sees strong BFSI traction in the US/APMEA and a resilient Capco pipeline.
Question 2 (Abhishek Kumar, JM Financial):
"What has driven the poor conversion of deal bookings to revenue growth, given strong book-to-bill ratios?"
Answer: Large deals require longer ramp-up timelines (e.g., Q4's $1.8B deals), while revenue declines reflect delayed discretionary projects, client-specific ramp-downs, and macroeconomic headwinds. Growth depends on stabilizing demand and filling the pipeline with smaller deals.
Question 3 (Manik Taneja, Axis Capital):
"What's driving continued pressure in Europe's revenue and margins despite Capco's recovery?"
Answer: Europe's revenue decline (-2.5% QoQ) stems from delayed transformation projects and non-Capco portfolio weakness. Margins remain strained due to revenue softness, but new leadership, the Phoenix Steel deal (ramping in H2), and a strong pipeline aim to stabilize growth.
Question 4 (Vibhor Singhal, Nuvama Equities):
"Is FY26 likely to see revenue decline again, and what's the risk to margins amid weak growth?"
Answer: Q1 guidance (-3.5% to -1.5%) reflects near-term uncertainty. Full-year growth hinges on macroeconomic stabilization and H2 deal ramp-ups (e.g., Phoenix). Margins face headwinds but will target a narrow band via cost levers (bench optimization, fixed-price productivity).
Question 5 (Kumar Rakesh, BNP Paribas):
"Why has Wipro underperformed peers consistently, with 3 years of potential revenue decline?"
Answer: Weakness in Europe (-7% YoY) and APMEA (-9% YoY) offset Americas' growth (+1.2% FY25). Turnaround efforts include leadership changes, large deals (e.g., Phoenix), and consulting-led synergies with Capco to stabilize Europe and revive growth.
Question 6 (Gaurav Rateria, Morgan Stanley):
"Does lower TCV in smaller deals impact revenue conversion, and how will utilization sustain margins?"
Answer: Large deals (63 closed in FY25) drive bookings but take time to ramp. Smaller deals' slower growth delays near-term conversion. Margin resilience relies on utilization, fixed-price efficiency, and cost optimization, not just headcount adjustments.
Question 7 (Surendra Goyal, Citi):
"Is Wipro's declining sales spend affecting market share, and are investments sufficient?"
Answer: S&M spend prioritizes client-facing roles and AI/consulting investments. Non-client roles are optimized via offshoring, but Wipro claims no cuts to growth-critical sales or strategic tech investments.
Question 8 (Ankur Rudra, JP Morgan):
"How are AI-led productivity and tariff uncertainties impacting guidance and renewals?"
Answer: AI drives new revenue streams (e.g., NVIDIA partnership, smart-city projects) without deflationary pressure. Q1 guidance factors recent tariff-driven pauses but assumes stabilization. Client metrics reflect broad discretionary cuts, not FX/client losses.
Analysis of Wipro's financial performance, highlighting revenue trends, growth patterns, and key metrics through quarterly analysis.
Last Updated: Dec 31, 2024
Description | Share | Value |
---|---|---|
Americas 1 | 32.3% | 7.2 kCr |
Americas 2 | 30.6% | 6.8 kCr |
Europe | 26.6% | 5.9 kCr |
APMEA | 10.5% | 2.3 kCr |
Total | 22.3 kCr |
Updated Apr 25, 2025
Wipro's shares fell over 6% following a weak Q4 performance and forecasted sequential revenue decline in Q1FY26.
Brokerages have downgraded Wipro's ratings and lowered price targets, citing a weaker-than-expected revenue report and muted outlook for FY26.
Wipro's stock is currently trading 27.01% below its 52-week high, indicating underperformance compared to broader market trends.
Wipro reported a 25.9% year-on-year increase in consolidated net profit for Q4, totaling Rs 3,569.6 crore.
Large deal bookings surged by 48.5% year-on-year, amounting to $1,763 million.
CEO Srini Pallia highlighted improvements in client satisfaction and ongoing investments in talent and AI capabilities.
This information is AI-generated and may contain inaccuracies. Please verify from multiple sources.
Investor Care | |
---|---|
Dividend Yield | 2.49% |
Dividend/Share (TTM) | 6 |
Shares Dilution (1Y) | 0.20% |
Diluted EPS (TTM) | 11.83 |
Financial Health | |
---|---|
Current Ratio | 2.69 |
Debt/Equity | 0.2 |
Debt/Cashflow | 1.06 |
Valuation | |
---|---|
Market Cap | 2.52 LCr |
Price/Earnings (Trailing) | 20.17 |
Price/Sales (Trailing) | 2.73 |
EV/EBITDA | 11.91 |
Price/Free Cashflow | 17.96 |
MarketCap/EBT | 15.14 |
Fundamentals | |
---|---|
Revenue (TTM) | 92.14 kCr |
Rev. Growth (Yr) | 2.28% |
Rev. Growth (Qtr) | 0.26% |
Earnings (TTM) | 12.49 kCr |
Earnings Growth (Yr) | 24.66% |
Earnings Growth (Qtr) | 4.34% |
Profitability | |
---|---|
Operating Margin | 18.06% |
EBT Margin | 18.06% |
Return on Equity | 15.31% |
Return on Assets | 9.95% |
Free Cashflow Yield | 5.57% |
Detailed comparison of Wipro against industry peers, highlighting key financial metrics, valuation ratios, and performance indicators to provide competitive context within the sector.
Ticker | Name | Mkt Cap | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|---|
TCS | Tata Consultancy ServicesComputers - Software & Consulting | 12.48 LCr | 2.56 LCr | -5.17% | -10.49% | 25.46 | 4.87 | +5.31% | +8.82% |
INFY | InfosysComputers - Software & Consulting | 6.15 LCr | 1.65 LCr | -7.47% | +2.89% | 22.2 | 3.72 | +5.96% | +13.44% |
HCLTECH | HCL TechComputers - Software & Consulting | 4.28 LCr | 1.18 LCr | -3.38% | +4.92% | 25.07 | 3.64 | +7.49% | +8.85% |
TECHM | Tech MahindraComputers - Software & Consulting | 1.43 LCr | 53.53 kCr | +3.01% | +22.57% | 37.82 | 2.67 | -0.30% | +32.11% |
LTIM | LTIMindtreeComputers - Software & Consulting | 1.33 LCr | 38.08 kCr | -3.07% | -3.38% | 29.01 | 3.48 | +6.13% | -0.52% |