Wipro Limited (WIPRO) AI Stock Analysis

• Market Cap: ₹2.66T
• Dividend Yield: 4.33%
• Average Volume (3M): 331.31K
• Price to Earnings (P/E): 19.7
• Beta (1Y): 0.98
• Revenue Growth: 0.41%
• EPS Growth: 20.30%
• Country: IN
• Employees: 234,000
• Sector: Technology
• Sector Strength: 88
• Industry: Information Technology Services
• EPS (TTM): 3.20
• Shares Outstanding: 10,483,567,000
• 10 Day Avg. Volume: 330,124
• 30 Day Avg. Volume: 331,314
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: ₹258.64
• Price Target Upside: 0.70% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 14

• Rating: 73 Outperform
• Price Target: ₹278.00 ▲(8.23% Upside)

Wipro's overall stock score reflects a strong financial foundation and attractive valuation, but is moderated by mixed technical indicators and challenges highlighted in the earnings call. The company's ability to secure large deals and maintain margins is positive, yet revenue declines and sectoral weaknesses pose risks.

Wipro Limited Business Overview & Revenue Model

Company Description

Wipro Limited operates as information technology (IT), consulting, and business process services company worldwide. It operates through three segments: IT Services, IT Products, and India State Run Enterprise Services (ISRE). The IT Services segment offers IT and IT-enabled services, including digital strategy advisory, customer-centric design, technology and IT consulting, custom application design, development, re-engineering and maintenance, systems integration, package implementation, cloud and infrastructure, business process, cloud, mobility and analytics, research and development, and hardware and software design services to enterprises. It serves customers in various industry sectors, such as healthcare and medical devices, consumer goods and life sciences, retail, transportation and services, communications, media and information services, technology products and platforms, banking, financial services and insurance, manufacturing, hi-tech, energy, and utilities. The IT Products segment provides a range of third-party IT products comprising enterprise platforms, networking solutions, software and data storage products, contact center infrastructure, enterprise security, IT optimization technologies, video solutions, and end-user computing solutions. It serves enterprises in various industries primarily in the India market, which comprise the government, defense, IT and IT-enabled services, telecommunications, manufacturing, utilities, education, and financial services sectors. The ISRE segment offers IT services to entities and departments owned or controlled by the Government of India and/or various Indian State Governments. The company was incorporated in 1945 and is based in Bengaluru, India.

How the Company Makes Money

Wipro Limited primarily generates revenue through its comprehensive suite of IT services and solutions. The company earns money by providing IT consulting, software development, systems integration, and business process outsourcing services to a diverse client base across various industries. Key revenue streams include digital transformation services, cloud services, cybersecurity, analytics, and application services. Wipro has also established significant partnerships with technology giants such as Microsoft, AWS, and Google Cloud, enhancing its service offerings and expanding its market reach. These collaborations, along with its focus on innovation and digital transformation, contribute significantly to its revenue growth.

Wipro Limited Financial Statement Overview

Summary

Wipro's financial performance is strong, with consistent revenue growth and healthy profit margins. The balance sheet shows low leverage and a strong equity position, although rising liabilities and capital expenditures need monitoring.

Income Statement

Wipro's income statement reflects a strong financial performance with consistent revenue growth. The TTM revenue of 892.59 billion indicates a stable growth trajectory. Gross profit and net profit margins remain healthy at approximately 30.33% and 15.08% respectively, illustrating efficient cost management. EBIT and EBITDA margins of 16.91% and 25.04% further highlight operational efficiency. However, a slight decline in revenue compared to previous annual figures suggests a need for vigilance in maintaining growth momentum.

Balance Sheet

The balance sheet shows a solid financial position with a favorable debt-to-equity ratio of approximately 0.18, indicating low leverage. Return on equity stands at 15.49%, reflecting effective use of shareholder funds. The equity ratio of 66.44% signifies a strong capital structure. Nonetheless, increasing total liabilities warrant monitoring to ensure continued financial stability.

Cash Flow

Wipro's cash flow statement demonstrates robust liquidity with a positive free cash flow of 155.43 billion in the TTM period. The operating cash flow to net income ratio of 1.27 signifies strong cash generation capability relative to profit. Although free cash flow to net income ratio at 1.15 is solid, the negative trend in investing cash flow highlights substantial capital expenditures, which may impact future free cash flow growth.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	892.59B	890.88B	897.60B	904.88B	790.93B	619.43B
Gross Profit	270.85B	273.08B	266.11B	259.43B	235.06B	196.22B
EBITDA	223.53B	218.15B	192.37B	189.38B	187.45B	168.41B
Net Income	134.63B	131.35B	110.45B	113.50B	122.19B	107.95B
Balance Sheet
Total Assets	1.31T	1.28T	1.15T	1.18T	1.08T	831.43B
Cash, Cash Equivalents and Short-Term Investments	530.67B	533.45B	408.12B	401.87B	351.28B	346.12B
Total Debt	158.74B	192.03B	164.65B	174.67B	175.93B	104.51B
Total Liabilities	437.08B	456.07B	401.24B	394.07B	420.51B	276.84B
Stockholders Equity	868.90B	828.31B	749.88B	781.16B	658.16B	553.10B
Cash Flow
Free Cash Flow	155.43B	154.39B	165.71B	115.77B	90.64B	127.97B
Operating Cash Flow	170.59B	169.43B	176.22B	130.60B	110.80B	147.55B
Investing Cash Flow	-42.26B	-80.73B	11.68B	-84.06B	-224.50B	7.74B
Financing Cash Flow	-103.63B	-63.96B	-182.57B	-60.88B	46.59B	-128.84B

Wipro Limited Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 256.85
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:WIPRO, the sentiment is Positive. The current price of 256.85 is above the 20-day moving average (MA) of 250.64, above the 50-day MA of 250.29, and below the 200-day MA of 265.04, indicating a neutral trend. The MACD of 1.41 indicates Negative momentum. The RSI at 60.08 is Neutral, neither overbought nor oversold. The STOCH value of 81.19 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IN:WIPRO.

Wipro Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
LTIM	77 Outperform	1.61T	34.03	20.26%	1.99%	7.64%	3.35%
WIPRO	73 Outperform	₹2.66T	19.73		4.33%	0.41%	20.30%
PERSISTENT	72 Outperform	865.84B	56.45	0.00%	0.63%	22.44%	26.98%
COFORGE	72 Outperform	599.24B	60.08	12.73%	0.84%	44.02%	18.92%
HCLTECH	66 Neutral	4.02T	23.63	24.28%	3.21%	6.87%	3.34%
TECHM	55 Neutral	1.52T	30.13	15.54%	2.90%	2.88%	79.99%
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%

Wipro Limited Corporate Events

Wipro Limited Grants Over 400,000 Restricted Stock Units to Employees

Wipro Limited has announced the grant of 406,361 ADS Restricted Stock Units under its Employee Stock Options, Performance Stock Unit, and Restricted Stock Unit Scheme 2024. This move, effective from August 26, 2025, is part of the company’s strategy to incentivize and retain key employees, potentially enhancing its competitive positioning in the industry.