Technology · Information Technology Services
Price
$1.89
Market Cap
$19.8B
Employees
234,000
Beta
0.36
Avg Volume
12,586,231
CEO
Srinivas Pallia
Business Description
Wipro Limited is a global enterprise that specializes in providing information technology (IT), consulting, and business process services. The company organizes its operations into three distinct divisions: IT Services, IT Products, and India State Run Enterprise Services (ISRE). The IT Services division delivers a comprehensive suite of IT and IT-enabled solutions. These offerings span strategic digital advisory, bespoke customer experience design, expert technology and IT consultation, and the complete lifecycle of custom application management – from design and development to re-engineering and ongoing maintenance. Additionally, this segment handles systems integration, the deployment of packaged software, management of cloud and infrastructure environments, optimization of business processes, and advanced services in cloud computing, mobile technology, and data analytics, alongside research and development, and hardware and software design for various enterprises. Wipro caters to a diverse clientele across numerous industrial verticals, including healthcare, life sciences, consumer products, retail, transportation, communications, media, information services, technology platforms, banking, financial services, insurance, manufacturing, high-tech industries, and the energy and utilities sectors. The IT Products segment supplies an assortment of third-party information technology items. This inventory includes enterprise-level platforms, networking apparatus, various software and data storage solutions, contact center infrastructure, robust enterprise security systems, IT optimization tools, video communication solutions, and end-user computing devices. Its primary market for these products is India, where it serves enterprises in sectors such as government, defense, IT and IT-enabled services, telecommunications, manufacturing, utilities, education, and financial services. Finally, the India State Run Enterprise Services (ISRE) division is dedicated to furnishing IT services to organizations and governmental departments either owned or controlled by the Indian federal government and/or individual Indian state administrations. Wipro Limited was established in 1945 and maintains its corporate headquarters in Bengaluru, India.
Business History
Price Overview
Price at report time · Jul 2, 7:25pm (0m ago)
$1.89
Change · Jul 2
+0.02 (+1.07%)
Day Range
$1.88 – $1.96
52-Week Range
$1.80 – $3.13
50-Day MA
$2.10
200-Day MA
$2.45
Volume
14,174,810.00
Right now · live
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Real-time — the change above is the move since the report (over 0m).
Analyst Price Targets
Low
$7.00
Consensus
$7.35
High
$7.70
(2 analysts)
Share Structure
Outstanding
10,491,694,520.00
Float
3,052,539,838.00
Free Float
29.1%
Low free float
— 29.1% of shares trade freely, ~70.9% held by insiders/institutions
Below average liquidity. Large orders can move the price significantly. Insiders or strategic holders control the majority — watch for lockup expirations or secondary offerings.
Price History (1 Year)
Revenue & Net Income Trend
The directional story — useful even when net income is negative.
Revenue
The top line — total sales before any costs or taxes are subtracted. A measure of how much business the company is doing.
Net Income
The bottom line — profit left after subtracting all expenses, interest, and taxes from revenue. Reflects accounting profitability, but includes non-cash items like depreciation, so it isn't the same as cash earned.
Operating Cash Flow
The real cash generated by the day-to-day business — selling products, paying suppliers, collecting from customers. Calculated from net income by adding back non-cash items and adjusting for timing (unpaid bills, unsold inventory). When OCF consistently lags net income, the reported profit may not be converting to real money.
| Period | Revenue | Net Income | Net Margin | YoY/QoQ |
|---|
Key Metrics
API Direct from provider
CALC Derived from statements
P/E Ratio (Price per dollar of earnings)
APIStock Price / EPS (Diluted)
13.82
Stock Price: $1.89
EPS (Diluted): 12.60
EPS (Diluted): 12.60
P/B Ratio (Price vs net asset value)
APIStock Price / Book Value Per Share
2.34
Stock Price: $1.89
Total Equity: $885.37B
Shares: 10,503,423,000
Total Equity: $885.37B
Shares: 10,503,423,000
EV/EBITDA (Total value vs operating profit)
APIEnterprise Value / EBITDA
8.93
Market Cap: $19.83B
Total Debt: $167.87B
Cash: $105.56B
EBITDA: $215.29B
Total Debt: $167.87B
Cash: $105.56B
EBITDA: $215.29B
Enterprise Value (Takeover price (cap + debt - cash))
APIMarket Cap + Total Debt - Cash
$2.2T
Market Cap: $19.83B
Total Debt: $167.87B
Cash: $105.56B
Total Debt: $167.87B
Cash: $105.56B
Gross Margin (Revenue left after direct costs)
APIGross Profit / Revenue
29.2%
Gross Profit: $270.05B
Revenue: $926.24B
Revenue: $926.24B
Operating Margin (Revenue left after all operations)
APIOperating Income / Revenue
16.2%
Operating Income: $149.86B
Revenue: $926.24B
Revenue: $926.24B
Net Margin (Revenue left as actual profit)
APINet Income / Revenue
14.2%
Net Income: $131.97B
Revenue: $926.24B
Revenue: $926.24B
ROE (Profit from shareholder equity)
APINet Income / Total Equity
15.0%
Net Income: $131.97B
Total Equity: $885.37B
Total Equity: $885.37B
ROIC (Profit from all invested capital)
APINOPAT / Invested Capital
9.7%
Operating Income: $149.86B
Tax Rate: 23.5%
Equity: $885.37B
Total Debt: $167.87B
Cash: $105.56B
Tax Rate: 23.5%
Equity: $885.37B
Total Debt: $167.87B
Cash: $105.56B
Current Ratio (Can it pay short-term bills)
APICurrent Assets / Current Liabilities
2.05
Current Assets: $826.35B
Current Liabilities: $403.23B
Current Liabilities: $403.23B
Debt/Equity (Leverage — debt vs equity)
CALCTotal Debt / Total Equity
0.19
Short-Term Debt: $165.91B
Long-Term Debt: $1.96B
Total Debt: $167.87B
Total Equity: $885.37B
Long-Term Debt: $1.96B
Total Debt: $167.87B
Total Equity: $885.37B
Rev/Share (Top-line per share)
CALCRevenue / Shares Outstanding
$88.18
Revenue: $926.24B
Shares: 10,503,423,000
Shares: 10,503,423,000
Book Value/Share (Net assets per share)
CALC(Total Assets - Total Liabilities) / Shares
$84.29
Total Equity: $885.37B
Shares: 10,503,423,000
Shares: 10,503,423,000
FCF/Share (Real cash generated per share)
CALC(Operating Cash Flow + CapEx) / Shares
$12.73
Operating CF: $149.32B
CapEx: -$15.60B
Shares: 10,503,423,000
CapEx: -$15.60B
Shares: 10,503,423,000
CapEx is negative (outflow) — added to OCF to get FCF
Div Yield (Annual income from holding)
APILast Annual Dividend / Stock Price
5.6%
Last Dividend: N/A
Stock Price: $1.89
Stock Price: $1.89
Payout Ratio (Earnings paid out as dividends)
Dividends Paid / Net Income
—
Dividends Paid: N/A
Net Income: $131.97B
Net Income: $131.97B
Dividends paid not available in cash flow statement
Industry Benchmarks
Compares WIT against LLM-researched typical ranges for its
industry. One research call per industry, cached indefinitely — every stock in the same industry
reuses the same baseline.
Deep Analysis
Pre-flight intelligence scans the company first, then routes to the right analytical methods.
0
Company Classification
— What type of company is this?
1
Industry Landscape
— Where is the industry headed?
2
Company Momentum
— Where is this company trending?
3
Forward Projection
— 1Y & 2Y projected metrics (requires Layer 1 + 2)
4a
DCF Valuation
— Present value of future cash flows
4b
Earnings Power Value
— Floor value — worth with zero growth
4c
Anchored PE
— Industry PE adjusted for growth differential
4d
Reverse DCF
— What growth is the market pricing in?
4e
Revenue-Based DCF
— For growth/narrative companies (skip if mature earner)
4f
Anchored P/S
— Price-to-Sales peer comparison (skip if mature earner)
4g
Scenario Analysis
— Bull / Base / Bear (skip if mature earner)
4h
Dividend Discount Model
— For dividend/income stocks only
4i
Book Value Analysis
— For deep value / turnaround stocks only
4j
Insider Activity
— Are insiders buying or selling?
4f
Cash Flow Quality
— How trustworthy is the FCF?
4g
Debt Maturity Risk
— Can it handle its debt?
4h
Macro Environment
— Rates, market valuation, volatility
4i
Sector Intelligence
— How does this company compare within its sector?
4j
Revenue Confidence
— How reliable is the growth projection?
4k
Sensitivity Analysis
— How fragile is the fair value estimate?
4l
Sector Demand Cycle
— Is the sector in a boom, steady state, or contraction?
5
AI Investigation
— Adaptive research engine (Claude)
5b
Thesis Evaluation
— What does the market believe? (narrative/platform stocks only)
6
Valuation Synthesis
— Weighted verdict from all methods (requires Layer 4)
Income Statement (Annual)
Last updated: Jul 2, 2026 5:13pm (2h ago)| Metric | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|
| Revenue | $790.9B | $904.9B | $897.6B | $890.9B | $926.2B |
| Cost of Revenue | $555.9B | $645.4B | $631.5B | $617.8B | $656.2B |
| Gross Profit | $235.1B | $259.4B | $266.1B | $273.1B | $270.0B |
| Operating Expenses | $99.1B | $124.3B | $132.4B | $122.4B | $120.2B |
| Operating Income | $135.9B | $135.1B | $133.7B | $150.7B | $149.9B |
| Net Income | $122.2B | $113.5B | $110.5B | $131.4B | $132.0B |
| EBITDA | $187.5B | $187.1B | $187.8B | $213.8B | $215.3B |
| EPS | $11.18 | $10.36 | $10.45 | $12.56 | $12.60 |
| EPS (Diluted) | — | — | — | — | — |
Balance Sheet (Annual)
Last updated: Jul 2, 2026 5:13pm (2h ago)| Metric | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|
| Cash & Equivalents | $103.8B | $91.9B | $97.0B | $122.0B | $105.6B |
| Total Current Assets | $620.8B | $661.1B | $650.7B | $777.8B | $826.4B |
| Total Assets | $1.1T | $1.2T | $1.2T | $1.3T | $1.4T |
| Current Liabilities | $308.3B | $267.8B | $252.5B | $286.3B | $403.2B |
| Long-Term Debt | $56.5B | $61.3B | $62.3B | $64.0B | $2.0B |
| Total Liabilities | $420.5B | $394.1B | $401.2B | $456.1B | $531.4B |
| Total Equity | $658.2B | $781.2B | $749.9B | $828.3B | $885.4B |
| Retained Earnings | $551.3B | $661.0B | $630.9B | $716.5B | $735.1B |
Cash Flow (Annual)
Last updated: Jul 2, 2026 5:13pm (2h ago)| Metric | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|
| Operating Cash Flow | $110.8B | $130.6B | $176.2B | $169.4B | $149.3B |
| Capital Expenditure | -$20.2B | -$14.8B | -$10.5B | -$15.0B | -$15.6B |
| Free Cash Flow | $90.6B | $115.8B | $165.7B | $154.4B | $133.7B |
| Acquisitions (net) | -$128.2B | -$45.6B | -$5.8B | -$964.0M | -$26.0B |
| Debt Repayment | — | — | — | — | — |
| Dividends Paid | — | — | — | — | — |
| Stock Buybacks | $0 | $0 | -$145.2B | $0 | $0 |
| Net Change in Cash | -$65.8B | -$12.0B | $5.1B | $25.0B | -$16.4B |
Analyst Estimates (Annual)
Last updated: Jul 2, 2026 5:13pm (2h ago)| Metric | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|
| Revenue |
$1.0T $1.0T – $1.0T
|
$1.0T $1.0T – $1.1T
|
$1.1T $1.0T – $1.1T
|
$1.2T $1.1T – $1.2T
|
| EBITDA |
$245.4B $244.7B – $246.1B
|
$254.5B $251.9B – $257.1B
|
$260.4B $249.6B – $273.6B
|
$286.8B $274.9B – $301.4B
|
| Net Income |
$144.5B $136.7B – $154.0B
|
$151.6B $141.5B – $161.7B
|
$158.3B $149.7B – $168.8B
|
$182.3B $172.4B – $194.3B
|
| EPS | — | — | — | — |
Growth Trends (YoY %)
Last updated: Jul 2, 2026 5:13pm (2h ago)| Metric | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| Revenue Growth | +14.4% | -0.8% | -0.7% | +4.0% |
| Gross Profit Growth | +10.4% | +2.6% | +2.6% | -1.1% |
| Operating Income Growth | -0.6% | -1.0% | +12.7% | -0.6% |
| Net Income Growth | -7.1% | -2.7% | +18.9% | +0.5% |
| EBITDA Growth | -0.2% | +0.4% | +13.8% | +0.7% |
Insider Trading (Recent)
Last updated: Jul 2, 2026 5:13pm (2h ago)
Type codes
PPurchase
SSale
AAward / grant
MOption exercise
FIn-kind (tax)
CConversion
GGift
DReturn to issuer
All SEC Form 4 codes
Open market
- P Purchase
- Open-market or private purchase of shares.
- S Sale
- Open-market or private sale of shares.
Compensation (Rule 16b-3)
- A Award / grant
- Grant or award of securities (RSUs, options, etc.) under Rule 16b-3.
- D Return to issuer
- Securities disposed back to the company under Rule 16b-3.
- F In-kind (tax)
- Shares withheld or delivered to pay the option-exercise price or tax — not an open-market sale.
- I Discretionary
- Discretionary transaction under an employee plan — Rule 16b-3(f).
- M Option exercise
- Exercise or conversion of a derivative (option/RSU) into shares — exempt.
Derivatives
- C Conversion
- Conversion of a derivative security into the underlying shares.
- E Short expiration
- Expiration of a short derivative position.
- H Long expiration
- Expiration or cancellation of a long derivative position with value received.
- O OTM exercise
- Exercise of an out-of-the-money derivative.
- X ITM exercise
- Exercise of an in-the-money or at-the-money derivative.
Other exempt
- G Gift
- Bona fide gift of securities.
- L Small acquisition
- Small acquisition under Rule 16a-6.
- W Inheritance
- Acquisition or disposition by will or the laws of descent.
- Z Voting trust
- Deposit into or withdrawal from a voting trust.
Other
- J Other
- Other acquisition or disposition (explained in a Form 4 footnote).
- K Equity swap
- Transaction in an equity swap or similar instrument.
- U Tender / buyout
- Disposition via tender of shares in a change-of-control transaction.
Compensation-plan codes (A, D, F, M) are routine and rarely directional. Open-market P (buy) and S (sale) carry the most signal.
| Date | Insider | Type | Shares | Price | Value |
|---|---|---|---|---|---|
| 2026-05-13 | Pallia Srinivas | A-Award | 351,034.00 | $0.03 | $10,531 |
| 2026-05-05 | Pallia Srinivas | A-Award | 413,108.00 | $0.03 | $12,393 |
| 2026-05-14 | Pallia Srinivas | S-Sale | 203,150.00 | $1.82 | $369,733 |
| 2026-05-08 | Pallia Srinivas | S-Sale | 217,557.00 | $1.98 | $430,763 |
| 2026-05-19 | Iyer Aparna Chandrasekhar | S-Sale | 45,000.00 | $2.00 | $90,000 |
| 2026-05-04 | Iyer Aparna Chandrasekhar | S-Sale | 75,000.00 | $2.12 | $159,000 |
| 2026-05-04 | Iyer Aparna Chandrasekhar | S-Sale | 75,000.00 | $201.58 | $15.1M |
| 2026-04-01 | Miller Laura Marie | 0.00 | $0.00 | $0 | |
| 2026-03-18 | Dupuis Patrick Lucien Andre | 0.00 | $0.00 | $0 | |
| 2026-03-18 | Pallia Srinivas | 0.00 | $0.00 | $0 | |
| 2026-03-18 | Pallia Srinivas | 0.00 | $0.00 | $0 | |
| 2026-03-18 | Rekonen-Fleischer Paivi Elina | 0.00 | $0.00 | $0 | |
| 2026-03-18 | Premji Rishad Azim | 0.00 | $0.00 | $0 | |
| 2026-03-18 | Ennis Patrick J. | 0.00 | $0.00 | $0 | |
| 2026-03-18 | Iyer Aparna Chandrasekhar | 0.00 | $0.00 | $0 | |
| 2026-03-18 | Satwalekar Deepak Madhav | 0.00 | $0.00 | $0 | |
| 2026-03-18 | Narayanan Srinivasa Kannan | 0.00 | $0.00 | $0 | |
| 2026-03-18 | Naidu Tulsi Ratakonda | 0.00 | $0.00 | $0 | |
| 2026-03-18 | Premji Azim H. | 0.00 | $0.00 | $0 | |
| 2026-03-18 | Premji Azim H. | 0.00 | $0.00 | $0 |
Dividend History (Last 20)
Last updated: Jul 2, 2026 5:13pm (2h ago)| Date | Dividend | Declaration | Record | Payment |
|---|---|---|---|---|
| 2026-01-27 | $0.07 | 2026-01-16 | 2026-01-27 | 2026-03-02 |
| 2025-07-28 | $0.06 | 2025-07-17 | 2025-07-28 | 2025-08-18 |
| 2025-01-28 | $0.07 | 2025-01-17 | 2025-01-28 | 2025-02-19 |
| 2024-01-23 | $0.01 | 2024-01-12 | 2024-01-24 | 2024-02-15 |
| 2023-01-24 | $0.01 | 2023-01-13 | 2023-01-25 | 2023-02-14 |
| 2022-04-05 | $0.07 | 2022-03-25 | 2022-04-06 | 2022-04-26 |
| 2022-01-21 | $0.01 | 2022-01-12 | 2022-01-24 | 2022-02-17 |
| 2021-01-22 | $0.01 | 2021-01-13 | 2021-01-25 | 2021-02-09 |
| 2020-01-24 | $0.01 | 2020-01-14 | 2020-01-27 | 2020-02-12 |
| 2019-01-28 | $0.01 | 2019-01-18 | 2019-01-29 | 2019-02-19 |
| 2018-01-31 | $0.02 | 2018-01-19 | 2018-02-01 | 2018-02-13 |
| 2017-02-01 | $0.03 | 2017-01-18 | 2017-02-03 | 2017-02-21 |
| 2016-07-07 | $0.01 | 2016-06-06 | 2016-07-11 | 2016-08-15 |
| 2016-01-25 | $0.07 | 2016-01-27 | 2016-02-10 | |
| 2015-07-16 | $0.11 | 2015-07-20 | 2015-08-10 | |
| 2015-01-21 | $0.08 | 2015-01-23 | 2015-02-10 | |
| 2014-07-25 | $0.08 | 2014-07-22 | 2014-08-08 | |
| 2014-07-25 | $0.08 | 2014-07-22 | 2014-08-08 | |
| 2014-01-21 | $0.05 | 2014-01-23 | 2014-02-07 | |
| 2013-06-26 | $0.08 | 2013-06-28 | 2013-08-12 |
Narrative Economics
The story the market is telling about this stock — the intangible X-factor
(founder mythology, cult dynamics, TAM-of-imagination) that moves price beyond
what cash flows alone explain. After Shiller, Narrative Economics.
No narrative profile yet for WIT — it's generated by the pipeline (
market-narrative step).
No community reviews yet for WIT.
Be the first — hit How to Contribute, have any AI review this page, and paste its take back here.
My Notes
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Data via Financial Modeling Prep · Cached for performance · fmp
v1.1.372 · 16e8a815 · 2026-07-02 18:19:59