Wipro (WIPRO) had a P/E of 15.6× on 6 Nov 2026, below the industry P/E of 17.7×, and the shares are 27% below their 52-week high. Sales and net profit grew 0.8% and 5.2% a year over 3 years; its ROCE of 18% is the lowest among the 7 largest Information Technology Services peers. Debt is 0.28× equity, and its dividend yield is 4.0%. It is a large-cap company with a market cap of ₹2.0 lakh crore, ranked 4th of 126 Information Technology Services companies by market cap; the shares fell 17% over the past year.
- ₹199.90
- ₹201.70
- ₹197.56
- ₹198.40
- 1.5 Cr
Health check
- ReturnsBehind
−16.6% over a year, better than 2 of 7 peers.
- Price tagIn line
P/E 15.6 vs industry 17.7.
- GrowthSlow
Sales +0.8%, profit +5.2% a year over 3 years.
- ProfitabilityWeak
ROCE 17.8% vs peer median 27.2%.
- Balance sheetFair
Debt 0.28× equity, interest covered 22.9×, Piotroski 4 of 9.
- Red flagsNone found
No warning signs in the headline numbers.
Large cap
Defensive
Key metrics
- Market cap
- ₹2.0L Cr
- Large cap
- P/E
- 15.6
- Industry 17.7
- Price to book
- 2.46
- Peers 5.20
- Dividend yield
- 4.04%
- ROE
- 15.9%
- Peers 22.9%
- ROCE
- 17.8%
- Peers 27.2%
- Debt to equity
- 0.28
- Debt ₹22,107 Cr
- EPS (TTM)
- ₹12.73
- Face value ₹2
- OPM (TTM)
- 19.2%
- Net margin 13.6%
- Sales growth
- +10.6%
- Latest quarter vs a year ago
- Profit growth
- +0.6%
- Latest quarter vs a year ago
- Price to sales
- 2.02
- EV/EBITDA 9.7
Strengths and risks
Strengths
- Dividend yield of 4.04%.
- Positive operating cash flow in each of the last 4 years.
About Wipro
Wipro Limited operates as an information technology (IT), consulting, and business process services company worldwide. It operates through IT Services and IT Products segments. The IT Services segment offers AI-powered 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,…
- Headquarters
- Bengaluru
- Employees
- 2,40,000
- Sector
- Technology
- ISIN
- INE075A01022
- Website
- wipro.com
Price range
- Avg volume (3M)
- 1.7 Cr
- 1-year return
- minus 16.6%
- From 52-week high
- minus 27.5%
Analyst consensus
Next results expected around 15 Jan 2027
Peers · Information Technology Services
| Company | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| TCSTata Consultancy Services | 2,498.50 | plus 0.11% | 9,03,979 | 17.5 | 7.60 | 54.9% | 45.6% | 26.5% | 5.8% | 5.3% | 1.92% | minus 16.5% |
| INFYInfosys | 1,181.40 | plus 1.20% | 4,78,511 | 15.7 | 4.91 | 39.0% | 30.0% | 23.1% | 6.7% | 6.9% | 4.40% | minus 20.5% |
| HCLTECHHCL Technologies | 1,440.00 | plus 0.66% | 3,89,754 | 21.3 | 5.20 | 27.2% | 24.6% | 20.8% | 8.7% | 3.9% | 3.33% | minus 6.4% |
| WIPROWipro | 198.00 | minus 0.20% | 1,95,898 | 15.6 | 2.46 | 17.8% | 15.9% | 19.2% | 0.8% | 5.2% | 4.04% | minus 16.6% |
| TECHMTech Mahindra | 1,831.00 | plus 0.46% | 1,79,476 | 29.4 | 5.47 | 19.8% | 19.2% | 17.2% | 2.2% | −0.1% | 2.79% | plus 29.3% |
| LTMLTM | 4,338.00 | minus 1.25% | 1,28,620 | 24.6 | 4.97 | 25.4% | 21.0% | 17.9% | 8.4% | 4.4% | 1.80% | minus 21.8% |
| PERSISTENTPersistent Systems | 6,053.50 | minus 0.92% | 99,859 | 53.0 | 11.12 | 29.4% | 22.9% | 16.9% | 20.9% | 26.5% | 0.59% | plus 4.3% |
| COFORGECoforge | 2,076.00 | minus 0.14% | 91,980 | 40.7 | 4.11 | 18.6% | 13.3% | 19.2% | 26.9% | 30.9% | 0.77% | plus 17.7% |
| Median of 7 peers | – | 0.11% | 1,79,476 | 24.6 | 5.20 | 27.2% | 22.9% | 19.2% | 8.4% | 5.3% | 1.92% | −6.4% |
Quarterly results
| ₹ Cr | Jun 25 | Sep 25 | Dec 25 | Mar 26 | Jun 26 |
|---|---|---|---|---|---|
| 22,135 | 22,697 | 23,556 | 24,236 | 24,479 | |
| 17,895 | 18,279 | 19,256 | 19,371 | 19,832 | |
| 4,240 | 4,419 | 4,300 | 4,865 | 4,647 | |
| 19.2% | 19.5% | 18.3% | 20.1% | 19.0% | |
| 603 | 548 | 509 | 536 | 437 | |
| 226 | 194 | 186 | 184 | 245 | |
| 686 | 692 | 805 | 729 | 804 | |
| 327 | 202 | 316 | 180 | 300 | |
| 4,258 | 4,282 | 4,134 | 4,668 | 4,335 | |
| 21.6% | 23.8% | 23.9% | 24.6% | 22.6% | |
| 3,330 | 3,246 | 3,119 | 3,502 | 3,352 | |
| 3.17 | – | 2.97 | 3.33 | 3.20 |
Profit & loss
- Sales CAGR 3Y
- +0.8%
- Profit CAGR 3Y
- +5.2%
- EPS CAGR 3Y
- +6.7%
- ROE
- 15.9%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 90,488 | 89,760 | 89,088 | 92,624 | |
| – | minus 0.8% | minus 0.7% | +4.0% | |
| 73,634 | 72,777 | 71,062 | 74,801 | |
| 16,854 | 16,983 | 18,027 | 17,823 | |
| 18.6% | 18.9% | 20.2% | 19.2% | |
| 1,458 | 1,495 | 2,194 | 2,196 | |
| 782 | 826 | 925 | 791 | |
| 3,340 | 3,407 | 2,958 | 2,911 | |
| 577 | 476 | 1,158 | 1,025 | |
| 14,766 | 14,721 | 17,496 | 17,342 | |
| 23.0% | 24.5% | 24.5% | 23.5% | |
| 11,350 | 11,045 | 13,135 | 13,197 | |
| – | minus 2.7% | +18.9% | +0.5% | |
| 10.34 | 10.41 | 12.52 | 12.56 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 1,098 | 1,045 | 2,094 | 2,098 | |
| 77,019 | 73,943 | 80,737 | 86,439 | |
| 17,467 | 16,465 | 19,204 | 20,291 | |
| 21,999 | 23,793 | 26,618 | 33,098 | |
| 1,17,582 | 1,15,246 | 1,28,652 | 1,41,926 | |
| 10,736 | 9,956 | 10,628 | 11,007 | |
| 632 | 748 | 221 | 456 | |
| 2,150 | 2,267 | 2,779 | 3,018 | |
| 40,187 | 41,001 | 53,237 | 54,363 | |
| 63,877 | 61,273 | 61,787 | 73,082 | |
| 1,17,582 | 1,15,246 | 1,28,652 | 1,41,926 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 13,060 | 17,622 | 16,943 | 14,932 | |
| −8,407 | 1,168 | −8,073 | −3,342 | |
| −6,088 | −18,257 | −6,396 | −14,126 | |
| −1,435 | 533 | 2,473 | −2,537 | |
| −1,483 | −1,051 | −1,504 | −1,560 | |
| 11,577 | 16,571 | 15,439 | 13,371 | |
| −3,281 | −522 | −6,275 | −11,521 |
Shareholding pattern
- Promoters72.58%
- Public27.30%
- Employee trusts0.12%
| Quarter | Split | Promoters | Public | Promoter change |
|---|---|---|---|---|
| 30 Sep 2026 | 72.58% | 27.30% | minus 0.01 | |
| 30 Jun 2026 | 72.59% | 27.29% | 0.00 | |
| 25 Jun 2026 | 72.59% | 27.29% | minus 0.03 | |
| 31 Mar 2026 | 72.62% | 27.27% | minus 0.01 | |
| 31 Dec 2025 | 72.63% | 27.25% | – |
Major shareholders
Filings & events
News
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