Skip to main content
Homepage
Full 18-step deep-dive · ~20–30 min · a member feature.
No report run on this ticker yet Only preliminary foundational data below
For AI assistants & researchers — machine-readable summary of this page

What this page is: Delvantic's full research page for Wipro Limited (WIT) — AI-driven forensic equity research: mechanical valuation models (DCF, EPV, anchored-PE, scenario) plus three independent AI lenses (Quality / Value / Sentiment). Everything below is rendered server-side; you are not missing content that requires JavaScript. All scores are predictions and research opinions, not financial advice.

Page map (sections in order; each card carries a stable reference-name attribute you can cite):

  • profile-header / price-overview — company profile, live quote, market cap
  • extended-analysis — the core: three AI lens reads with findings, scores, and the analyst memo
  • future-predictions — our forward price-band predictions
  • market-narrative / ai-findings / gpt-critique — narrative context, cross-model findings, and an adversarial critique of our own analysis (near the end of the document)
  • Members-only sections (render as login gates for anonymous readers): price-history, income-trend, key-metrics, financials (statement tables), insider-trading. The analysis above is public; the raw data tables require a free account.

More for machine readers: site briefing at /llms.txt · any ticker resolves at delvantic.com/stock/TICKER · raw inputs are public-company filings and market data (via licensed data feeds); every model, score, lens read, and prediction on this page is Delvantic's own analysis.

Wipro Limited

WIT NYSE
Technology · Information Technology Services
Bengaluru, 560035, India wipro.com Updated Aug 14, 2:01am
Price
$1.96
Market Cap
$19.4B
Employees
240,000
Beta
0.39
Avg Volume
8,961,572
Last Dividend
$0.02
CEO
Mr. Srinivas Pallia
GICS Category PDF

Wipro Limited American Depositary Receipt represents shares of Wipro Limited, a global information technology, consulting, and business process services company headquartered in India. The primary purpose of this depositary receipt is to facilitate international ownership by allowing investors outside India, particularly in markets like Mexico, to gain exposure to Wipro’s equity without the need to directly access Indian stock exchanges. The ADR format provides easier trading and reporting, with shares held by a depositary bank on behalf of investors. Wipro Limited delivers a comprehensive portfolio of IT services including systems integration, consulting, application development, infrastructure management, and business process outsourcing. The company serves a broad spectrum of clients worldwide across industry sectors such as banking and finance, energy, retail, healthcare, and manufacturing. Wipro is renowned for its technological innovation, sustainability initiatives, and focus on digital transformation for enterprise clients. By listing as an American Depositary Receipt in secondary international markets like the Mexican Stock Exchange, Wipro enables local investors to participate in the performance and growth of a major global IT provider, enhancing market accessibility and diversification for institutional and retail participants.

Runs with full report
Earnings Schedule
Checked daily · calendar updated Aug 14
No upcoming print on the calendar yet — companies typically confirm a few weeks ahead. Last print was Jul 16, 2026.
EPS surprise history — vs analyst consensus · 5 prints of vendor history
+0.3%
Nov '25
+0.0%
Jan '26
+0.0%
Apr '26
+40.0%
May '26
-25.0%
Jul '26
Print date EPS est. EPS actual Revenue est. Revenue actual
Jul 16, 2026 $0.04 $0.03 -25.0% — —
May 21, 2026 $2.60 $3.64 +40.0% — —
Apr 16, 2026 $0.04 $0.04 +0.0% — —
Jan 16, 2026 $0.04 $0.04 +0.0% — —
Nov 6, 2025 $3.38 $3.39 +0.3% — —

Green = beat the estimate, red = missed. An earnings print is the fastest way a thesis changes — our designations should be re-read after each one.

Recent SEC Filings
Filed Form Document
Jul 22, 2026 6-K View
Jul 20, 2026 6-K View
Jul 20, 2026 6-K View
Jul 2, 2026 6-K View
Jun 26, 2026 6-K View
Jun 25, 2026 6-K View
Jun 25, 2026 6-K View
Jun 25, 2026 6-K View
Jun 10, 2026 CB/A View
Jun 10, 2026 6-K View
Jun 9, 2026 CB/A View
Jun 9, 2026 6-K View

Filings link to the SEC’s EDGAR system. Annual/quarterly reports (10-K, 10-Q, 20-F) carry the full story; 8-K/6-K current reports are the fastest signal that something material happened.

Price Overview
Last updated: Aug 14, 2026 8:47am (just now)
Current data · timestamped when a report runs
$1.96
Change · Aug 14
+0.01 (+0.51%)
Day Range
$1.92 – $1.98
52-Week Range
$1.75 – $3.09
50-Day MA
$2.03
200-Day MA
$2.33
Volume
3,536,273.00
Share Structure
Outstanding 9,891,644,317.00
Float 2,871,643,262.00
Free Float 29.0%
Low free float — 29.0% of shares trade freely, ~71% 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)
Last updated: Aug 14, 2026 8:47am (just now)
Revenue & Net Income Trend
The directional story — useful even when net income is negative.
Last updated: Aug 9, 2026 5:42pm (4d ago)
Why there are no quarterly figures for Wipro Limited

This company does not file structured financial statements with the U.S. SEC, so quarterly figures aren't available from our filings-based data engine. Annual figures shown here come from the sources that do cover it.

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
TD Twelve Data statement HEX SEC filing
P/E Ratio (Price per dollar of earnings)
HEX
Stock Price / EPS (Diluted)
14.90
Stock Price: $1.96
EPS (Diluted): 0.13
P/B Ratio (Price vs net asset value)
HEX
Stock Price / Book Value Per Share
2.36
Stock Price: $1.96
Total Equity: $8.73B
Shares: 10,488,939,392
EV/EBITDA (Total value vs operating profit)
HEX
Enterprise Value / EBITDA
11.01
Market Cap: $19.39B
Total Debt: $1.70B
Cash: $1.28B
EBITDA: $1.90B
Enterprise Value (Takeover price (cap + debt - cash))
HEX
Market Cap + Total Debt - Cash
$20.9B
Market Cap: $19.39B
Total Debt: $1.70B
Cash: $1.28B
Gross Margin (Revenue left after direct costs)
HEX
Gross Profit / Revenue
30.7%
Gross Profit: $2.87B
Revenue: $9.36B
Operating Margin (Revenue left after all operations)
HEX
Operating Income / Revenue
17.0%
Operating Income: $1.59B
Revenue: $9.36B
Net Margin (Revenue left as actual profit)
HEX
Net Income / Revenue
14.7%
Net Income: $1.38B
Revenue: $9.36B
ROE (Profit from shareholder equity)
HEX
Net Income / Total Equity
15.8%
Net Income: $1.38B
Total Equity: $8.73B
ROIC (Profit from all invested capital)
HEX
NOPAT / Invested Capital
13.1%
Operating Income: $1.59B
Tax Rate: 24.5%
Equity: $8.73B
Total Debt: $1.70B
Cash: $1.28B
Current Ratio (Can it pay short-term bills)
HEX
Current Assets / Current Liabilities
2.72
Current Assets: $8.17B
Current Liabilities: $3.01B
Debt/Equity (Leverage — debt vs equity)
HEX
Total Debt / Total Equity
0.19
Short-Term Debt: $1.03B
Long-Term Debt: $671.96M
Total Debt: $1.70B
Total Equity: $8.73B
Rev/Share (Top-line per share)
HEX
Revenue / Shares Outstanding
$0.89
Revenue: $9.36B
Shares: 10,488,939,392
Book Value/Share (Net assets per share)
HEX
(Total Assets - Total Liabilities) / Shares
$0.83
Total Equity: $8.73B
Shares: 10,488,939,392
FCF/Share (Real cash generated per share)
HEX
(Operating Cash Flow + CapEx) / Shares
$0.15
Operating CF: $1.78B
CapEx: -$154.84M
Shares: 10,488,939,392
CapEx is negative (outflow) — added to OCF to get FCF
Div Yield (Annual income from holding)
TD
Last Annual Dividend / Stock Price
1.1%
Last Dividend: $0.02
Stock Price: $1.96
Payout Ratio (Earnings paid out as dividends)
HEX
Dividends Paid / Net Income
47.8%
Dividends Paid: -$659.31M
Net Income: $1.38B
Income Statement (Annual)
Last updated: Aug 9, 2026 5:42pm (4d ago)
Metric 2021 2022 2023 2024 2025
Revenue $6.5B $8.3B $9.5B $9.4B $9.4B
Cost of Revenue $4.4B $5.8B $6.8B $6.6B $6.5B
Gross Profit $2.1B $2.5B $2.7B $2.8B $2.9B
Operating Expenses $768.8M $995.8M $1.3B $1.4B $1.3B
Operating Income $1.3B $1.5B $1.5B $1.4B $1.6B
Net Income $1.1B $1.3B $1.2B $1.2B $1.4B
EBITDA $1.6B $1.8B $1.8B $1.8B $1.9B
EPS $0.20 $0.23 $0.22 $0.22 $0.13
EPS (Diluted) $0.20 $0.23 $0.22 $0.22 $0.13
Balance Sheet (Annual)
Last updated: Aug 9, 2026 5:42pm (4d ago)
Metric 2021 2022 2023 2024 2025
Cash & Equivalents $1.8B $1.1B $965.4M $1.0B $1.3B
Total Current Assets $5.5B $6.5B $6.9B $6.8B $8.2B
Total Assets $8.7B $11.3B $12.4B $12.1B $13.5B
Current Liabilities $2.4B $3.2B $2.8B $2.7B $3.0B
Long-Term Debt $78.4M $593.3M $643.8M $654.6M $672.0M
Total Liabilities $2.9B $4.4B $4.1B $4.2B $4.8B
Total Equity $5.8B $6.9B $8.2B $7.9B $8.7B
Retained Earnings $4.9B $5.8B $6.9B $6.6B $7.5B
Cash Flow (Annual)
Last updated: Aug 9, 2026 5:42pm (4d ago)
Metric 2021 2022 2023 2024 2025
Operating Cash Flow $1.6B $1.2B $1.4B $1.9B $1.8B
Capital Expenditure -$205.7M -$211.7M -$155.9M -$110.4M -$154.8M
Free Cash Flow $1.3B $952.4M $1.2B $1.7B $1.6B
Acquisitions (net) -$103.7M -$1.4B -$478.8M -$55.6M -$10.1M
Net Debt Issued / (Repaid) $65.3M $717.7M -$82.8M -$105.7M $188.3M
Dividends Paid -$57.4M -$57.4M -$344.8M -$54.8M -$659.3M
Stock Buybacks — — — — —
Net Change in Cash $277.9M -$705.1M -$150.7M $56.0M $259.9M
Growth Trends (YoY %)
Last updated: Aug 9, 2026 5:42pm (4d ago)
Metric 2022 2023 2024 2025
Revenue Growth +27.7% +14.4% -0.8% -0.7%
Gross Profit Growth +19.8% +10.4% +2.6% +2.6%
Operating Income Growth +14.0% -0.5% -2.5% +11.1%
Net Income Growth +13.2% -7.1% -2.7% +18.9%
EBITDA Growth +13.6% +1.1% -1.6% +6.3%
Dividend History (Last 20)
Last updated: Aug 14, 2026 8:47am (just now)
Date Dividend Declaration Record Payment
2026-07-27 $0.02 — — —
2025-07-28 $0.06 — — —
2025-01-28 $0.07 — — —
2024-01-23 $0.01 — — —
2023-01-24 $0.01 — — —
2022-04-05 $0.07 — — —
2022-01-21 $0.01 — — —
2021-01-22 $0.01 — — —
2020-01-24 $0.01 — — —
2019-01-28 $0.01 — — —
2018-01-31 $0.01 — — —
2017-02-01 $0.01 — — —
2016-07-07 $0.01 — — —
2016-01-25 $0.03 — — —
2015-07-16 $0.04 — — —
2015-01-21 $0.03 — — —
2014-07-25 $0.03 — — —
2014-01-21 $0.02 — — —
2013-06-26 $0.03 — — —
2013-01-23 $0.01 — — —
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)
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).
Claude Reading
Claude Opus reviews the pipeline's raw data + every prior verdict, then writes an independent take.
No AI findings yet for WIT — they're generated by the pipeline (ai-findings step) when a report is run on this ticker.
GPT Reading
GPT reads the identical raw briefing blind — one of the Big-3 independent readings — and commits to its own verdict.
No GPT reading yet for WIT — it's generated by the pipeline (gpt-critique step) after the other Big-3 seats, when a report is run on this ticker.
Grok Reading
Grok (xAI) reads the identical raw briefing blind — one of the Big-3 independent readings — and commits to its own verdict.
No Grok reading yet for WIT — it's generated by the pipeline (grok-critique step) alongside the other Big-3 seats, when a report is run on this ticker.
Advanced Analysis Forensic deep-dive · four lenses
A separate, manually-run forensic pipeline (dilution, earnings quality, liquidity → two scored lenses → the play). Hasn't been run for this ticker yet.
Community AI Feedback
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 personal — only you see this
Data via Financial Modeling Prep · Cached for performance · twelvedata
v1.1.532 · 1ec19de8 · 2026-08-13 17:53:37