Wipro (WIPRO) · mywealthgrid

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About

Wipro is diversified IT services provider with ₹1,82,224 Cr market cap, rebuilding growth around consulting and AI-led deals. Company maintains operating margins around 19% and delivers consistent quarterly net profit ₹2.6–3.5 Cr, established player in India's IT services sector navigating transition to higher-margin services.

Founded: 1945
Face value: ₹2

Market cap

₹1,57,812 Cr

P/E

11.9×

P/B

1.8×

Dividend yield

8.2%

ROE

15.5%

ROCE

18.7%

Debt / equity

0.19

OPM

19.2%

EPS (TTM)

₹13.3

Book value

₹88.9

52-week high

—

52-week low

Key insights

Company research notes and source-linked reviews

Key risks

Share price down 24% over past year despite sustained profit delivery—verify whether consulting and AI-led deal conversions are materializing or organic growth is decelerating
Operating margins flat at 18–21% over four quarters with no expansion, suggesting limited pricing power or rising cost pressures that could compress returns further
Domestic institutional investor (DII) holding fell from 7.86% (Mar 2026) to 5.22% (Jun 2026)—confirm whether this signals institutional concern about earnings trajectory or competitive position
Low debt (D/E 0.19) has not yet translated to reinvestment in high-margin consulting or AI capabilities; verify whether management has concrete deployment plans or capital continues flowing to shareholders only

Generated analysis · source review pending

Growth drivers

Quarterly net profit stable at ₹2.5–3.5 Cr; if consulting and AI-led deals close at higher margins, absorption of price pressure becomes visible
Operating margins stable at 18–21% suggest disciplined deal selection; verify whether quality-over-volume strategy in consulting commands pricing premiums over commodity services
Cash position shown by recent dividend (Jul 2026) and buyback (Jun 2026) provides firepower for acquisitions in consulting or AI, though verify whether such deployment plans exist
Sector tailwinds on enterprise adoption of AI and generative AI—verify whether Wipro's consulting proposition wins deals in this cycle or loses share to specialized AI consulting firms

Generated analysis · source review pending

2,528 historical price candles were omitted because the exchange source has not been verified.

₹159.4+1.6%1Y

Quick read

rule-based

Pros

+Comfortable interest coverage of 12.9×
+Dividend yield of 8.2%
+Dividend payout of 97.4% of profit
+High promoter holding of 72.6% with no pledge

Cons

−Modest revenue growth of 8.4% a year over the last 5 years

Research score

Structured signal from quality, growth, valuation and momentum.

57/100

Business quality: 62
Growth: 22
Valuation

Revenue & net profit

₹ crore, by fiscal year

RevenuePAT

Margins

% of revenue, by fiscal year

OPMPAT margin

Peers

Comparable companies from the narrowest available industry classification.

Part ofNIFTY NEXT 50 NIFTY 100 NIFTY 200 NIFTY 500 NIFTY TOTAL MARKET

Screen this industry Compare top 5 side-by-side

Company	Mkt Cap	EV	Revenue	EBITDA	OPM	PAT	NPM	ROCE	ROE	WC Days
Tata Consultancy ServicesTCSTCS	₹7,51,150 Cr	₹7,51,150 Cr	₹2,75,859 Cr	₹74,079 Cr	27.1%	₹49,799 Cr	18.5%	62.5%	48.7%	65
InfosysINFYINFY	₹4,19,755 Cr	₹4,19,755 Cr	₹1,84,582 Cr	₹43,745 Cr	23.7%	₹30,288 Cr	16.5%	39.8%	31.2%	59
HCL TechnologiesHCLTECHHCLTECH	₹3,36,880 Cr	₹3,37,039 Cr	₹1,34,374 Cr	₹27,539 Cr	20.6%	₹17,423 Cr	12.8%	29.6%	23%	-956
WiproWIPROWIPRO	₹1,57,812 Cr	₹1,74,600 Cr	₹94,968 Cr	₹18,211 Cr	19.2%	₹13,219 Cr	14.3%	18.7%	15.5%	23
Tech MahindraTECHMTECHM	₹1,50,203 Cr	₹1,52,390 Cr	₹59,176 Cr	₹9,841 Cr	15.9%	₹4,212 Cr	8.5%	21.5%	16.9%	48
LTM LimitedLTMLTM	₹1,18,808 Cr	₹1,18,808 Cr	₹44,075 Cr	₹7,966 Cr	17.9%	₹5,230 Cr	11.8%	29.2%	21.5%	42

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Financials

Reported profit and loss, balance sheet, cash flow and growth history.

Annual Quarterly

Consolidated Standalone

Consolidated figures · ₹ crore

₹ Cr	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	51,244	55,040	54,487	59,019	61,138	61,943	79,312	90,488	89,760	89,088	92,624
COGS	2,995	2,697	1,894	1,340	1,138	727	637	664	411	316	593
Gross profit	48,249	52,343	52,593	57,679	59,999	61,216	—	—	—	—	—
	38,950	43,740	44,318	46,066	47,654	46,423	61,986	72,975	72,597	70,726	74,195
	9,300	8,603	8,275	11,613	12,345	14,793	16,690	16,848	16,753	18,047	17,837
OPM %	18.2%	15.6%	15.2%	19.7%	20.2%	23.9%	21%	18.6%	18.7%	20.3%	19.3%
Depreciation	—	—	—	1,947	2,086	2,763	3,078	3,340	3,407	2,958	2,911
Interest	558	594	583	738	733	509	533	1,008	1,255	1,477	1,458
	2,752	2,623	2,549	2,614	2,725	2,383	2,061	2,266	2,631	3,884	3,874
Profit before tax	11,494	11,039	10,242	11,542	12,252	13,903	15,141	14,766	14,721	17,496	17,342
Tax	2,537	2,521	2,239	2,524	2,480	3,035	2,897	3,399	3,609	4,278	4,077
Tax %	22.1%	22.8%	21.9%	21.9%	20.2%	21.8%	19.1%	23%	24.5%	24.5%	23.5%
	8,957	8,518	8,003	9,018	9,772	10,868	12,243	11,367	11,112	13,218	13,266
PAT margin %	17.5%	15.5%	14.7%	15.3%	16%	17.6%	15.4%	12.6%	12.4%	14.8%	14.3%
EPS (₹)	36.3	17.5	12.6	15	16.7	19.1	22.4	20.7	20.9	12.6	12.6
EPS adjusted (₹)	6.8	6.6	6.6	7.5	—	9.9	11.2	10.3	10.6	12.5	12.6
	16.5%	11.4%	7.9%	6.7%	6%	5.2%	4.5%	28.9%	4.8%	47.8%	—
Annual report	Annual report for Mar 2016	Annual report for Mar 2017	Annual report for Mar 2018	Annual report for Mar 2019	Annual report for Mar 2020	Annual report for Mar 2021	Annual report for Mar 2022	Annual report for Mar 2023	Annual report for Mar 2024	Annual report for Mar 2025	Annual report for Mar 2026

₹ Cr	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity capital	494	486	905	1,207	1,096	1,096	1,098	1,045	2,094	2,098
Reserves	39,871	51,184	47,022	55,216	53,805	64,307	76,570	73,488	80,270	85,921
Minority interest	163	239	241	264	150	52	59	134	214	251
	—	13,635	12,487	9,645	8,333	15,170	15,009	14,147	16,182	16,787
	19,031	13,438	15,039	16,593	19,348	26,881	24,398	25,977	29,426	36,351
Total equity & liabilities	59,559	78,982	75,693	82,925	82,732	1,07,505	1,17,134	1,14,791	1,28,185	1,41,408
	12,112	19,887	18,127	17,465	21,398	36,103	44,757	43,628	45,187	51,690
CWIP	395	738	1,378	2,142	1,853	1,602	617	723	196	412
Investments	9,769	29,913	25,797	22,887	18,775	26,154	33,073	33,384	43,926	46,786
	37,283	28,445	30,392	40,432	40,706	43,648	38,687	37,055	38,876	42,520
Total assets	59,559	78,982	75,693	82,925	82,732	1,07,505	1,17,134	1,14,791	1,28,185	1,41,408

Segment results

As reported in NSE results XBRL. Segment result is before tax and finance costs.

Source XBRL ↗

Latest reported period · 31 Mar 2026 · ₹ crore

Segment	Revenue	Result	Assets	Liabilities
Americas 1	30,557.1	6,289.6	0	0
Americas 2	26,907.7	5,313.8	0	0
Europe	24,416.5	3,108.3

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Ratios

Annual operating, return, leverage and working-capital ratios.

Consolidated Standalone

Consolidated figures

Ratio	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Margins
Gross margin %	97.7%	98.1%	98.8%	—	—	—	—	—
EBITDA margin %	19.7%	20.2%	23.9%	21%	18.6%	18.7%	20.2%	19.2%
EBIT margin %	16.4%	16.8%	19.4%	17.2%	14.9%	14.9%	16.9%	16.1%
PAT margin %	15.3%	16%	17.6%	15.4%	12.6%	12.4%	14.8%	14.3%
Working capital
Receivable days	65	—	58	55	51	47	48	54
Inventory days	108	—	53	1	1	0	0	0
Payable days	1,707	—	2,601	36	30	29	30	31
NWC days	-1,534	—	-2,489	20	22	19	18	23
Leverage
Current ratio	2.67	—	2.27	2.01	2.47	2.58	2.72	2.05
Debt to EBITDA	0.83	—	0.56	0.91	0.89	0.84	0.9	0.94
Debt to equity	0.17	—	0.15	0.23	0.19	0.19	0.2	0.19
Interest coverage	16.7	17.7	28.3	29.4	15.7	12.7	12.8	12.9
Asset turnover	0.71	—	0.75	0.74	0.77	0.78	0.69	0.66
Return ratios
Return on assets %	10.9%	—	13.1%	11.4%	9.7%	9.7%	10.3%	9.4%
Return on capital employed %	21.2%	—	24.1%	23%	18.9%	17.8%	20%	18.7%
Return on equity %	16%	—	19.8%	18.7%	14.6%	14.9%	16%	15.1%

Derived from reported annual statements. ROCE uses EBIT over capital employed (total assets less current liabilities). Day counts average the opening and closing balance; receivables turn on revenue, inventory and payables on cost of goods sold.

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Shareholding

Quarterly ownership, named holders, insider transactions and disclosed deals.

Quarterly Annual

Every quarter filed · % of equity

Holder (%)	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
	72.93%	72.9%	72.89%	73.46%	73.53%	72.96%	72.41%	73.16%	72.65%	72.63%	72.62%	72.59%
	8.9%	9.07%	9.36%	8.12%	8.41%	7.19%	8.18%	7.42%	10.81%	10.49%	10.79%	11.14%
	8.03%	8.12%	8.28%	8.77%	9.4%	9.57%	9.48%	9.03%	7.88%	8.38%	7.86%	5.22%
Government	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%
	10%	9.78%	9.36%	9.66%	8.67%	10.28%	9.93%	10.39%	8.54%	8.38%	8.62%	10.93%
No. of shareholders	—	—	—	—	—	—	—	—	25,15,452	24,42,662	26,03,140	30,41,147

Promoter holding down 0.34 percentage points since Sep 2023.

6 disclosures

Person	Deal	Shares	Value	Holding	Filed
Sarat ChandEmployees/Designated Employees	SellESOP	47,600	₹1.1 cr	0.00% → 0.00%	8 Nov 20257(2)
Satyaki BanerjeeEmployees/Designated Employees	SellMarket Sale	10,000	₹23.88 L

79 deals · 13 Aug 2021 – 18 Sept 2025

Date	Client	Type	Venue	Side	Quantity	Price	Value
18 Sept 2025	GOLDMAN SACHS (SINGAPORE) PTE - ODI	Block	NSE	Sell	14,00,000	₹254.15	₹35.58 Cr
18 Sept 2025	GOLDMAN SACHS BANK EUROPE SE - ODI	Block	NSE	Buy	14,00,000	₹254.15	₹35.58 Cr
16 Sept 2025	GOLDMAN SACHS (SINGAPORE) PTE - ODI	Block	NSE	Sell	9,14,544	₹252.50	₹23.09 Cr
16 Sept 2025	GOLDMAN SACHS BANK EUROPE SE - ODI	Block	NSE	Buy	9,14,544	₹252.50	₹23.09 Cr
14 Jul 2025	STATE STREET MSCI ACWI EX USA IMI SCREENED NON-LENDING COMMON TRUST FUND	Block	BSE	Sell	9,62,415	₹258.30	₹24.86 Cr
14 Jul 2025	STATE STREET MSCI ACWI EX USA IMI SCREENED NON-LENDING COMMON TRUST FUND	Block	BSE	Buy	9,62,415	₹258.30	₹24.86 Cr
11 Jun 2025	AZIM PREMJI TRUST	Block	NSE	Sell	18,05,00,000	₹258.99	₹4,674.77 Cr
11 Jun 2025	AZIM PREMJI TRUST	Bulk	NSE	Sell	18,05,00,000	₹258.99	₹4,674.77 Cr
11 Jun 2025	ZASH TRADERS	Bulk	NSE	Buy	12,10,00,000	₹258.99	₹3,133.78 Cr
11 Jun 2025	ZASH TRADERS	Block	NSE	Buy	12,10,00,000	₹258.99	₹3,133.78 Cr

1–10 of 79

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Mr. Rishad PremjiExecutive Director-Chairperson related to Promoter
Mr. Azim H PremjiNon-Executive - Non Independent Director
Mr. Deepak Madhav SatwalekarNon-Executive - Independent Director
Ms. Tulsi NaiduNon-Executive - Independent Director
Ms. Paivi Elina Rekonen FleischerNon-Executive - Independent Director
Mr. Kannan Narayanan SrinivasaNon-Executive - Independent Director
Mr. Srinivas PalliaExecutive Director-CEO-MD
Ms. Laura Marie MillerNon-Executive - Independent Director
Ms. Aparna IyerChief Financial Officer
M Sanaulla KhanCompany Secretary & Compliance Officer

Current officeholders as filed with BSE. A person holding two offices is listed once per office.

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F&O

Current futures and options contracts with compact option-chain pages.

End of day 30 Sept 2026 · underlying ₹158.5 · volume and open interest in contracts

3

Expiry	Close	Chg	% Chg	Settlement	Open interest	Change in OI	Volume	Lot size
27 Oct 2026	₹158.9	+1	+0.6%	₹158.9	66,813	-355	5,507	3000
23 Nov 2026	₹158.4	+0.9	+0.6%	₹158.4	4,123	-95	615	3000
29 Dec 2026	₹158.2	-0.9	-0.6%	₹158.2	185	+185	195	3000

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Fund holders

Mutual-fund schemes that disclosed a holding in the company.

Portfolio month

Schemes holding

105

across 17 fund houses

Held by these funds

2.02%

of the company's equity

All mutual funds

1.83%

shareholding pattern, Jun 2026

Portfolios as of

August 2026

compared with July 2026

105 schemes · 17 fund houses

		Shares
Nifty 50 ETF	SBI Mutual Fund	5.25 Cr	969.19	0.45%	0.53%	+2.76 L
Technology Fund	ICICI Prudential Mutual Fund	1.9 Cr	349.94	2.56%	0.192%	-6.86 L
DIGITAL INDIA FUND	Tata Mutual Fund	1.68 Cr	309.9	3%	0.17%	-10 L
ETF NIFTY 50 BEES	Nippon India Mutual Fund	1.65 Cr	304.15	0.45%	0.166%	+3.31 L
Large and Midcap Fund	SBI Mutual Fund	1.27 Cr	234.31	0.55%	0.128%	-0
Nifty 50 ETF	ICICI Prudential Mutual Fund	1.09 Cr	201.77	0.45%	0.11%	+2.64 L
ETF Nifty IT	Nippon India Mutual Fund	1.05 Cr	193.18	5.08%	0.106%	-2.96 L
Balanced Advantage FundNEW	SBI Mutual Fund	84.27 L	155.48	0.37%	0.085%	—

1–8 of 105

1 / 14

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Documents

Annual reports, exchange filings, offer documents, ratings and earnings-call material.

Announcements

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Events

Upcoming dates and the company’s corporate-action history.

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Announcements

Latest exchange announcements, filings and downloadable documents.

1 month 3 months 6 months 1 year All

119 announcementsExport CSV

9 Sept 2026, 3:00 pmCompany Update

Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS

Allotment of ESOP / ESPS PDF

3 Sept 2026, 9:30 pmCompany Update

Intimation Under Regulation 30 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015

General PDF

1 Sept 2026, 3:34 pmCompany Update

Announcement under Regulation 30 (LODR)-Press Release / Media Release

Press Release / Media Release PDF

27 Aug 2026, 3:39 pmCompany Update

Announcement under Regulation 30 (LODR)-Press Release / Media Release

Press Release / Media Release PDF

27 Aug 2026, 3:02 pmCompany Update

Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS

Allotment of ESOP / ESPS PDF

24 Aug 2026, 3:36 pmCompany Update

Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS

Allotment of ESOP / ESPS PDF

14 Aug 2026, 3:45 pmCompany Update

Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS

Allotment of ESOP / ESPS PDF

7 Aug 2026, 3:59 pmCompany Update

Intimation Under Regulation 30 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015

General PDF

Date	Category	Subject	Filing
9 Sept 2026, 3:00 pm	Company Update Allotment of ESOP / ESPS	Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS	PDF
3 Sept 2026, 9:30 pm	Company Update General	Intimation Under Regulation 30 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015

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Ratio	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Margins
Gross margin %	97.7%	98.1%	98.8%	—	—	—	—	—
EBITDA margin %	19.7%	20.2%	23.9%	21%	18.6%	18.7%	20.2%	19.2%
EBIT margin %	16.4%	16.8%	19.4%	17.2%	14.9%	14.9%	16.9%	16.1%
PAT margin %	15.3%	16%	17.6%	15.4%	12.6%	12.4%	14.8%	14.3%
Working capital
Receivable days	65	—	58	55	51	47	48	54
Inventory days	108	—	53	1	1	0	0	0
Payable days	1,707	—	2,601	36	30	29	30	31
NWC days	-1,534	—	-2,489	20	22	19	18	23
Leverage
Current ratio	2.67	—	2.27	2.01	2.47	2.58	2.72	2.05
Debt to EBITDA	0.83	—	0.56	0.91	0.89	0.84	0.9	0.94
Debt to equity	0.17	—	0.15	0.23	0.19	0.19	0.2	0.19
Interest coverage	16.7	17.7	28.3	29.4	15.7	12.7	12.8	12.9
Asset turnover	0.71	—	0.75	0.74	0.77	0.78	0.69	0.66
Return ratios
Return on assets %	10.9%	—	13.1%	11.4%	9.7%	9.7%	10.3%	9.4%
Return on capital employed %	21.2%	—	24.1%	23%	18.9%	17.8%	20%	18.7%
Return on equity %	16%	—	19.8%	18.7%	14.6%	14.9%	16%	15.1%

31

27 Oct 2026 23 Nov 2026 29 Dec 2026

Calls				Strike	Puts
OI	Chg OI	Volume	LTP	—	LTP	Volume	Chg OI	OI
1	+1	1	₹29.5	130	₹0.2	20	+20	20
0	0	0	₹0.0	135	₹0.3	335	+184	307
39	+1	2	₹19.3	140	₹0.5	771	+147	646
0	0	0	₹0.0	143	₹0.0	0	0	0
13	0	0	₹15.2	145	₹1.1	621	+27	507
26	0	0	₹12.0	148	₹1.5	313	+39	150
320	-13	53	₹10.8	150	₹2.1	1,303	+10	1,193
145	-1	25	₹9.1	153	₹2.8	403	+96	266

Shaded cells are in the money against the underlying close. Green and red mark the move against the previous close — on the premium for LTP, on the position for change in OI. Settlement prices are the exchange's, not the last trade.

₹ Cr	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	7,887	9,277	8,423	134	10,064	14,755	11,080	13,060	17,622	16,943	14,932
	-13,816	-11,628	3,558	45	3,401	774	-22,450	-8,407	1,168	-8,073	-3,342
	-159	-2,275	-12,998	-200	-15,100	-12,884	4,659	-6,088	-18,257	-6,396	-14,126
Net cash flow	-6,087	-4,626	-1,017	—	-1,634	2,645	-6,711	-1,435	533	2,473	-2,537
Free cash flow	6,492	7,192	6,236	103	7,715	12,797	9,064	11,577	16,571	15,469	13,371
CFO / Operating profit %	84.8%	107.8%	101.8%	1.2%	81.5%	99.8%	66.4%	77.5%	105%	94%	83.8%

Wipro

About

Key insights

Key risks

Growth drivers

Quick read

Pros

Cons

Research score

Revenue & net profit

Margins

Peers

Financials

Segment results

Ratios

Shareholding

F&O

3

Fund holders

Documents

Announcements

Events

Announcements

Announcements

3

Annual reports

Investor Presentation and earnings call

29

1

4

31

Segment results

Compounded sales growth

Compounded profit growth

Return on equity

APMEA · revenue

Wipro

About

Key insights

Key risks

Growth drivers

Quick read

Pros

Cons

Research score

Revenue & net profit

Margins

Peers

Financials

Profit & loss

Balance sheet

Segment results

Ratios

Ratio timeline

Shareholding

Quarterly record

Insider dealing

Bulk & block deals

Board and management

F&O

Futures3

Fund holders

Documents

Announcements

Events

Announcements

Ratio timeline

Quarterly record

Insider dealing

Bulk & block deals

Board and management

Announcements

Futures3

Annual reports

Investor Presentation and earnings call

Dividends29

Board meetings1

Bonus issues4

Option chain31

Profit & loss

Balance sheet

Segment results

Cash flow

Compounded returns

Compounded sales growth

Compounded profit growth

Return on equity

APMEA · revenue

3

3

29

1

4

31