Wipro Ltd: Intrinsic Value & Share Price Analysis

Share Price and Basic Stock Data

Last Updated: April 24, 2025, 8:43 pm

Market Cap	2,54,219 Cr.
Current Price	243
High / Low	325/208
Stock P/E	19.4
Book Value	78.6
Dividend Yield	2.47 %
ROCE	19.7 %
ROE	16.7 %
Face Value	2.00
PEG Ratio	5.15

Stock P/E, Current Price, and Intrinsic Value Over Time

Stock P/E Current Price Intrinsic Value

View Share Price Target for Wipro Ltd

Competitors of Wipro Ltd

Stock Name ⇩	Market Cap ⇩	Current Price ⇩	High / Low ⇩	Stock P/E ⇩	Book Value ⇩	Dividend Yield ⇩	ROCE ⇩	ROE ⇩	Face Value ⇩
Visesh Infotecnics Ltd	125 Cr.	0.33	0.52/0.33		1.14	0.00 %	0.88 %	0.82 %	1.00
Mudunuru Ltd	22.2 Cr.	7.12	14.8/5.33		0.34	0.00 %	72.9 %	374 %	2.00
Naapbooks Ltd	126 Cr.	118	159/54.0	54.3	20.0	0.00 %	17.4 %	13.6 %	10.0
IB Infotech Enterprises Ltd	23.1 Cr.	180	245/116	29.6	16.8	0.56 %	69.9 %	50.5 %	10.0
Hit Kit Global Solutions Ltd	6.50 Cr.	1.40	1.62/1.13	18.1	2.08	0.00 %	1.92 %	1.94 %	2.00
Industry Average	17,975.64 Cr	582.61		94.16	124.14	0.83%	21.45%	64.94%	6.91

All Competitor Stocks of Wipro Ltd

Quarterly Result

Metric	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024
Sales	20,315	20,861	21,529	22,540	23,229	23,190	22,831	22,516	22,205	22,208	21,964	22,302	22,319
Expenses	16,134	16,724	17,671	18,608	18,690	18,671	18,627	18,546	18,007	17,828	17,614	17,798	17,779
Operating Profit	4,181	4,136	3,858	3,932	4,539	4,519	4,204	3,970	4,198	4,381	4,350	4,503	4,540
OPM %	21%	20%	18%	17%	20%	19%	18%	18%	19%	20%	20%	20%	20%
Other Income	484	502	472	512	649	632	640	740	598	653	730	962	1,005
Interest	140	172	204	227	290	286	309	303	312	331	329	357	415
Depreciation	746	734	774	797	923	847	738	897	932	840	729	831	676
Profit before tax	3,779	3,732	3,352	3,420	3,975	4,018	3,798	3,509	3,552	3,862	4,022	4,278	4,453
Tax %	21%	17%	24%	23%	23%	23%	24%	24%	24%	26%	24%	25%	24%
Net Profit	2,972	3,092	2,559	2,649	3,065	3,094	2,886	2,667	2,701	2,858	3,037	3,227	3,367
EPS in Rs	2.71	2.82	2.34	2.42	2.78	2.80	2.61	2.53	2.58	2.71	2.87	3.07	3.20

Last Updated: February 28, 2025, 4:08 pm

Below is a detailed analysis of the quarterly data for Wipro Ltd based on the most recent figures (Dec 2024) and their trends compared to the previous period:

For Sales, as of Dec 2024, the value is 22,319.00 Cr.. The value appears strong and on an upward trend. It has increased from 22,302.00 Cr. (Sep 2024) to 22,319.00 Cr., marking an increase of 17.00 Cr..
For Expenses, as of Dec 2024, the value is 17,779.00 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 17,798.00 Cr. (Sep 2024) to 17,779.00 Cr., marking a decrease of 19.00 Cr..
For Operating Profit, as of Dec 2024, the value is 4,540.00 Cr.. The value appears strong and on an upward trend. It has increased from 4,503.00 Cr. (Sep 2024) to 4,540.00 Cr., marking an increase of 37.00 Cr..
For OPM %, as of Dec 2024, the value is 20.00%. The value remains steady. There is no change compared to the previous period (Sep 2024) which recorded 20.00%.
For Other Income, as of Dec 2024, the value is 1,005.00 Cr.. The value appears strong and on an upward trend. It has increased from 962.00 Cr. (Sep 2024) to 1,005.00 Cr., marking an increase of 43.00 Cr..
For Interest, as of Dec 2024, the value is 415.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 357.00 Cr. (Sep 2024) to 415.00 Cr., marking an increase of 58.00 Cr..
For Depreciation, as of Dec 2024, the value is 676.00 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 831.00 Cr. (Sep 2024) to 676.00 Cr., marking a decrease of 155.00 Cr..
For Profit before tax, as of Dec 2024, the value is 4,453.00 Cr.. The value appears strong and on an upward trend. It has increased from 4,278.00 Cr. (Sep 2024) to 4,453.00 Cr., marking an increase of 175.00 Cr..
For Tax %, as of Dec 2024, the value is 24.00%. The value appears to be improving (decreasing) as expected. It has decreased from 25.00% (Sep 2024) to 24.00%, marking a decrease of 1.00%.
For Net Profit, as of Dec 2024, the value is 3,367.00 Cr.. The value appears strong and on an upward trend. It has increased from 3,227.00 Cr. (Sep 2024) to 3,367.00 Cr., marking an increase of 140.00 Cr..
For EPS in Rs, as of Dec 2024, the value is 3.20. The value appears strong and on an upward trend. It has increased from 3.07 (Sep 2024) to 3.20, marking an increase of 0.13.

Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: March 6, 2025, 2:22 pm

Metric	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	TTM
Sales	37,430	43,424	46,951	51,244	55,448	54,487	59,019	61,138	61,935	79,312	90,488	89,760	88,792
Expenses	29,773	33,788	36,652	40,448	44,128	44,100	47,406	48,795	47,164	62,628	73,649	73,008	71,019
Operating Profit	7,657	9,635	10,299	10,796	11,321	10,387	11,613	12,342	14,771	16,684	16,839	16,752	17,773
OPM %	20%	22%	22%	21%	20%	19%	20%	20%	24%	21%	19%	19%	20%
Other Income	1,440	1,922	2,450	2,752	2,623	2,550	2,614	2,728	2,404	2,067	2,275	2,631	3,349
Interest	289	383	350	558	594	583	738	733	509	532	1,008	1,255	1,431
Depreciation	940	1,060	1,175	1,496	2,310	2,112	1,947	2,086	2,763	3,078	3,340	3,407	3,077
Profit before tax	7,869	10,114	11,224	11,494	11,039	10,242	11,542	12,252	13,903	15,141	14,766	14,721	16,615
Tax %	21%	21%	22%	22%	23%	22%	22%	20%	22%	19%	23%	25%
Net Profit	6,182	7,991	8,714	8,957	8,518	8,003	9,018	9,772	10,868	12,243	11,366	11,112	12,488
EPS in Rs	4.68	6.04	6.58	6.76	6.55	6.63	7.46	8.51	9.85	11.15	10.34	10.57	11.85
Dividend Payout %	28%	25%	34%	17%	6%	6%	7%	6%	5%	27%	5%	5%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2013-2014	2014-2015	2015-2016	2016-2017	2017-2018	2018-2019	2019-2020	2020-2021	2021-2022	2022-2023	2023-2024
YoY Net Profit Growth (%)	29.26%	9.05%	2.79%	-4.90%	-6.05%	12.68%	8.36%	11.22%	12.65%	-7.16%	-2.23%
Change in YoY Net Profit Growth (%)	0.00%	-20.21%	-6.26%	-7.69%	-1.14%	18.73%	-4.32%	2.85%	1.44%	-19.82%	4.93%

Wipro Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2013-2014 to 2023-2024.

Growth

Compounded Sales Growth
10 Years:	7%
5 Years:	8%
3 Years:	4%
TTM:	-1%

Compounded Profit Growth
10 Years:	5%
5 Years:	6%
3 Years:	2%
TTM:	21%

Stock Price CAGR
10 Years:	9%
5 Years:	22%
3 Years:	-3%
1 Year:	5%

Return on Equity
10 Years:	17%
5 Years:	17%
3 Years:	16%
Last Year:	17%

Last Updated: Unknown

Balance Sheet

Last Updated: November 14, 2024, 6:33 pm

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Sep 2024
Equity Capital	492	493	494	494	486	905	1,207	1,143	1,096	1,096	1,098	1,045	1,046
Reserves	26,072	31,636	36,598	45,651	51,184	47,022	55,216	54,179	53,805	64,307	76,570	73,488	80,330
Borrowings	6,381	5,159	7,891	12,522	14,241	13,901	9,947	9,724	10,451	17,593	17,467	16,465	19,282
Other Liabilities	10,675	12,245	13,367	12,924	12,761	13,563	16,217	15,954	17,213	24,280	21,789	23,611	24,893
Total Liabilities	43,621	49,533	58,350	71,590	78,672	75,391	82,586	81,000	82,566	107,276	116,924	114,609	125,552
Fixed Assets	9,996	10,649	10,837	17,279	19,886	18,127	17,465	22,062	23,040	37,990	44,757	43,628	43,476
CWIP	407	369	395	381	738	1,378	2,142	1,881	1,853	1,602	617	723	846
Investments	6,765	6,146	5,532	20,915	29,913	25,797	22,887	20,032	18,775	26,154	33,073	33,384	43,970
Other Assets	26,454	32,368	41,586	33,016	28,135	30,090	40,093	37,024	38,898	41,531	38,477	36,873	37,260
Total Assets	43,621	49,533	58,350	71,590	78,672	75,391	82,586	81,000	82,566	107,276	116,924	114,609	125,552

Below is a detailed analysis of the balance sheet data for Wipro Ltd based on the most recent figures (Sep 2024) and their trends compared to the previous period:

For Equity Capital, as of Sep 2024, the value is ₹1,046.00 Cr.. The value appears strong and on an upward trend. It has increased from 1,045.00 Cr. (Mar 2024) to ₹1,046.00 Cr., marking an increase of 1.00 Cr..
For Reserves, as of Sep 2024, the value is ₹80,330.00 Cr.. The value appears strong and on an upward trend. It has increased from 73,488.00 Cr. (Mar 2024) to ₹80,330.00 Cr., marking an increase of 6,842.00 Cr..
For Borrowings, as of Sep 2024, the value is ₹19,282.00 Cr.. The value appears to be increasing, which may not be favorable. Additionally, since Reserves exceed Borrowings, this is considered a positive sign. It has increased from 16,465.00 Cr. (Mar 2024) to ₹19,282.00 Cr., marking an increase of 2,817.00 Cr..
For Other Liabilities, as of Sep 2024, the value is ₹24,893.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 23,611.00 Cr. (Mar 2024) to ₹24,893.00 Cr., marking an increase of 1,282.00 Cr..
For Total Liabilities, as of Sep 2024, the value is ₹125,552.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 114,609.00 Cr. (Mar 2024) to ₹125,552.00 Cr., marking an increase of 10,943.00 Cr..
For Fixed Assets, as of Sep 2024, the value is ₹43,476.00 Cr.. The value appears to be declining and may need further review. It has decreased from 43,628.00 Cr. (Mar 2024) to ₹43,476.00 Cr., marking a decrease of 152.00 Cr..
For CWIP, as of Sep 2024, the value is ₹846.00 Cr.. The value appears strong and on an upward trend. It has increased from 723.00 Cr. (Mar 2024) to ₹846.00 Cr., marking an increase of 123.00 Cr..
For Investments, as of Sep 2024, the value is ₹43,970.00 Cr.. The value appears strong and on an upward trend. It has increased from 33,384.00 Cr. (Mar 2024) to ₹43,970.00 Cr., marking an increase of 10,586.00 Cr..
For Other Assets, as of Sep 2024, the value is ₹37,260.00 Cr.. The value appears strong and on an upward trend. It has increased from 36,873.00 Cr. (Mar 2024) to ₹37,260.00 Cr., marking an increase of 387.00 Cr..
For Total Assets, as of Sep 2024, the value is ₹125,552.00 Cr.. The value appears strong and on an upward trend. It has increased from 114,609.00 Cr. (Mar 2024) to ₹125,552.00 Cr., marking an increase of 10,943.00 Cr..

Notably, the Reserves (80,330.00 Cr.) exceed the Borrowings (19,282.00 Cr.), indicating a solid financial buffer.

Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.

Reserves and Borrowings Chart

Cash Flow

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Cash from Operating Activity +	6,790	7,840	7,887	9,277	8,423	11,632	10,064	14,755	11,080	13,060	17,622	16,943
Cash from Investing Activity +	-284	-2,537	-13,761	-11,770	3,595	5,065	3,593	685	-22,321	-8,169	1,144	-8,073
Cash from Financing Activity +	-3,570	-830	-159	-2,275	-12,998	-4,937	-15,100	-12,884	4,659	-6,088	-18,257	-6,396
Net Cash Flow	2,936	4,474	-6,032	-4,767	-979	11,760	-1,442	2,556	-6,583	-1,197	509	2,473

Free Cash Flow

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Free Cash Flow	1.00	4.00	3.00	-2.00	-3.00	-3.00	2.00	3.00	4.00	-1.00	-1.00	0.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Debtor Days	75	72	71	71	62	68	62	62	56	53	51	47
Inventory Days	39	28	56	66
Days Payable	572	639	671	597
Cash Conversion Cycle	-459	-539	-544	-461	62	68	62	62	56	53	51	47
Working Capital Days	24	48	65	60	54	57	29	18	9	33	36	32
ROCE %	24%	29%	27%	23%	19%	17%	19%	20%	22%	21%	18%	17%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024
Promoters	73.00%	73.00%	72.96%	72.94%	72.92%	72.91%	72.93%	72.90%	72.89%	72.82%	72.80%	72.75%
FIIs	8.12%	6.95%	6.58%	6.30%	6.38%	6.32%	6.47%	6.70%	6.96%	7.12%	7.27%	7.81%
DIIs	3.24%	3.43%	7.96%	7.84%	8.01%	7.56%	8.03%	8.13%	8.28%	8.25%	8.71%	8.20%
Public	15.37%	16.36%	12.29%	12.73%	12.51%	13.05%	12.43%	12.16%	11.76%	11.68%	11.10%	11.12%
Others	0.27%	0.25%	0.21%	0.19%	0.18%	0.16%	0.14%	0.13%	0.11%	0.11%	0.11%	0.11%
No. of Shareholders	19,34,986	24,01,894	26,70,785	27,65,513	26,91,329	27,79,436	25,93,087	25,21,361	23,97,648	23,69,089	22,36,752	23,58,943

Shareholding Pattern Chart

No. of Shareholders

Mutual Fund Holdings

Fund Name	No of Shares	AUM (%)	Amount Invested (Cr)	Previous Number of Shares	Previous Date	Percentage Change
SBI Nifty 50 ETF	25,539,186	0.71	1221.16	25,539,186	2025-04-22 17:25:15	0%
SBI S&P BSE Sensex ETF	18,057,667	0.82	862.8	18,057,667	2025-04-22 17:25:15	0%
Mirae Asset Large & Midcap Fund	11,472,688	1.65	548.57	11,472,688	2025-04-22 17:25:15	0%
Tata Digital India Fund	10,071,381	4.96	481.56	10,071,381	2025-04-22 17:25:15	0%
Mirae Asset ELSS Tax Saver Fund	7,119,609	1.62	340.42	7,119,609	2025-04-22 17:25:15	0%
UTI Nifty 50 ETF	7,072,328	0.71	338.16	7,072,328	2025-04-22 17:25:15	0%
UTI S&P BSE Sensex ETF	6,228,594	0.82	297.6	6,228,594	2025-04-22 05:07:38	0%
SBI Long Term Equity Fund	5,800,232	1.38	277.34	5,800,232	2025-04-22 17:25:15	0%
Tata Equity P/E Fund - Regular Plan	5,400,000	3.6	258.2	5,400,000	2025-04-22 17:25:15	0%
Tata Equity P/E Fund - Regular Plan - Trigger Option A 5%	5,400,000	3.6	258.2	5,400,000	2025-04-22 11:25:17	0%

ROCE Trend

EPS Trend

Key Financial Ratios

Month	Mar 24	Mar 23	Mar 22	Mar 21	Mar 20
FaceValue	2.00	2.00	2.00	2.00	2.00
Basic EPS (Rs.)	20.89	20.73	22.37	19.11	16.67
Diluted EPS (Rs.)	20.82	20.68	22.31	19.07	16.63
Cash EPS (Rs.)	27.83	26.81	27.94	24.86	20.75
Book Value[Excl.RevalReserv]/Share (Rs.)	142.90	141.63	119.40	100.48	97.15
Book Value[Incl.RevalReserv]/Share (Rs.)	142.90	141.63	119.40	100.48	97.15
Revenue From Operations / Share (Rs.)	171.79	164.88	144.68	113.04	107.01
PBDIT / Share (Rs.)	37.14	34.84	34.19	31.32	26.37
PBIT / Share (Rs.)	30.62	28.75	28.58	26.28	22.72
PBT / Share (Rs.)	28.22	26.92	27.61	25.35	21.44
Net Profit / Share (Rs.)	21.31	20.72	22.32	19.81	17.10
NP After MI And SOA / Share (Rs.)	21.14	20.68	22.31	19.70	17.02
PBDIT Margin (%)	21.62	21.12	23.63	27.70	24.64
PBIT Margin (%)	17.82	17.43	19.75	23.24	21.23
PBT Margin (%)	16.42	16.32	19.08	22.42	20.03
Net Profit Margin (%)	12.40	12.56	15.42	17.52	15.97
NP After MI And SOA Margin (%)	12.30	12.54	15.41	17.43	15.90
Return on Networth / Equity (%)	14.81	14.61	18.69	19.66	17.57
Return on Capital Employeed (%)	17.86	17.46	20.43	24.10	21.76
Return On Assets (%)	9.62	9.68	11.37	13.04	11.96
Long Term Debt / Equity (X)	0.08	0.07	0.08	0.01	0.01
Total Debt / Equity (X)	0.18	0.19	0.23	0.12	0.10
Asset Turnover Ratio (%)	0.77	0.70	0.73	0.68	0.68
Current Ratio (X)	2.58	2.47	2.01	2.27	2.40
Quick Ratio (X)	2.57	2.46	2.01	2.27	2.39
Dividend Payout Ratio (NP) (%)	4.72	4.82	26.82	5.05	7.05
Dividend Payout Ratio (CP) (%)	3.61	3.72	21.43	4.02	5.81
Earning Retention Ratio (%)	95.28	95.18	73.18	94.95	92.95
Cash Earning Retention Ratio (%)	96.39	96.28	78.57	95.98	94.19
Interest Coverage Ratio (X)	15.46	18.97	35.20	33.73	20.56
Interest Coverage Ratio (Post Tax) (X)	9.87	12.29	23.98	22.33	14.33
Enterprise Value (Cr.)	255411.43	206356.84	329371.90	216892.78	103951.01
EV / Net Operating Revenue (X)	2.85	2.28	4.15	3.50	1.70
EV / EBITDA (X)	13.16	10.79	17.57	12.64	6.90
MarketCap / Net Operating Revenue (X)	2.79	2.22	4.09	3.66	1.84
Retention Ratios (%)	95.27	95.17	73.17	94.94	92.94
Price / BV (X)	3.37	2.58	4.96	4.13	2.03
Price / Net Operating Revenue (X)	2.79	2.22	4.09	3.66	1.84
EarningsYield	0.04	0.05	0.03	0.04	0.08

After reviewing the key financial ratios for Wipro Ltd, here is a detailed analysis based on the latest available data and recent trends:

For FaceValue, as of Mar 24, the value is 2.00. This value is within the healthy range. There is no change compared to the previous period (Mar 23) which recorded 2.00.
For Basic EPS (Rs.), as of Mar 24, the value is 20.89. This value is within the healthy range. It has increased from 20.73 (Mar 23) to 20.89, marking an increase of 0.16.
For Diluted EPS (Rs.), as of Mar 24, the value is 20.82. This value is within the healthy range. It has increased from 20.68 (Mar 23) to 20.82, marking an increase of 0.14.
For Cash EPS (Rs.), as of Mar 24, the value is 27.83. This value is within the healthy range. It has increased from 26.81 (Mar 23) to 27.83, marking an increase of 1.02.
For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 142.90. It has increased from 141.63 (Mar 23) to 142.90, marking an increase of 1.27.
For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 142.90. It has increased from 141.63 (Mar 23) to 142.90, marking an increase of 1.27.
For Revenue From Operations / Share (Rs.), as of Mar 24, the value is 171.79. It has increased from 164.88 (Mar 23) to 171.79, marking an increase of 6.91.
For PBDIT / Share (Rs.), as of Mar 24, the value is 37.14. This value is within the healthy range. It has increased from 34.84 (Mar 23) to 37.14, marking an increase of 2.30.
For PBIT / Share (Rs.), as of Mar 24, the value is 30.62. This value is within the healthy range. It has increased from 28.75 (Mar 23) to 30.62, marking an increase of 1.87.
For PBT / Share (Rs.), as of Mar 24, the value is 28.22. This value is within the healthy range. It has increased from 26.92 (Mar 23) to 28.22, marking an increase of 1.30.
For Net Profit / Share (Rs.), as of Mar 24, the value is 21.31. This value is within the healthy range. It has increased from 20.72 (Mar 23) to 21.31, marking an increase of 0.59.
For NP After MI And SOA / Share (Rs.), as of Mar 24, the value is 21.14. This value is within the healthy range. It has increased from 20.68 (Mar 23) to 21.14, marking an increase of 0.46.
For PBDIT Margin (%), as of Mar 24, the value is 21.62. This value is within the healthy range. It has increased from 21.12 (Mar 23) to 21.62, marking an increase of 0.50.
For PBIT Margin (%), as of Mar 24, the value is 17.82. This value is within the healthy range. It has increased from 17.43 (Mar 23) to 17.82, marking an increase of 0.39.
For PBT Margin (%), as of Mar 24, the value is 16.42. This value is within the healthy range. It has increased from 16.32 (Mar 23) to 16.42, marking an increase of 0.10.
For Net Profit Margin (%), as of Mar 24, the value is 12.40. This value exceeds the healthy maximum of 10. It has decreased from 12.56 (Mar 23) to 12.40, marking a decrease of 0.16.
For NP After MI And SOA Margin (%), as of Mar 24, the value is 12.30. This value is within the healthy range. It has decreased from 12.54 (Mar 23) to 12.30, marking a decrease of 0.24.
For Return on Networth / Equity (%), as of Mar 24, the value is 14.81. This value is below the healthy minimum of 15. It has increased from 14.61 (Mar 23) to 14.81, marking an increase of 0.20.
For Return on Capital Employeed (%), as of Mar 24, the value is 17.86. This value is within the healthy range. It has increased from 17.46 (Mar 23) to 17.86, marking an increase of 0.40.
For Return On Assets (%), as of Mar 24, the value is 9.62. This value is within the healthy range. It has decreased from 9.68 (Mar 23) to 9.62, marking a decrease of 0.06.
For Long Term Debt / Equity (X), as of Mar 24, the value is 0.08. This value is below the healthy minimum of 0.2. It has increased from 0.07 (Mar 23) to 0.08, marking an increase of 0.01.
For Total Debt / Equity (X), as of Mar 24, the value is 0.18. This value is within the healthy range. It has decreased from 0.19 (Mar 23) to 0.18, marking a decrease of 0.01.
For Asset Turnover Ratio (%), as of Mar 24, the value is 0.77. It has increased from 0.70 (Mar 23) to 0.77, marking an increase of 0.07.
For Current Ratio (X), as of Mar 24, the value is 2.58. This value is within the healthy range. It has increased from 2.47 (Mar 23) to 2.58, marking an increase of 0.11.
For Quick Ratio (X), as of Mar 24, the value is 2.57. This value exceeds the healthy maximum of 2. It has increased from 2.46 (Mar 23) to 2.57, marking an increase of 0.11.
For Dividend Payout Ratio (NP) (%), as of Mar 24, the value is 4.72. This value is below the healthy minimum of 20. It has decreased from 4.82 (Mar 23) to 4.72, marking a decrease of 0.10.
For Dividend Payout Ratio (CP) (%), as of Mar 24, the value is 3.61. This value is below the healthy minimum of 20. It has decreased from 3.72 (Mar 23) to 3.61, marking a decrease of 0.11.
For Earning Retention Ratio (%), as of Mar 24, the value is 95.28. This value exceeds the healthy maximum of 70. It has increased from 95.18 (Mar 23) to 95.28, marking an increase of 0.10.
For Cash Earning Retention Ratio (%), as of Mar 24, the value is 96.39. This value exceeds the healthy maximum of 70. It has increased from 96.28 (Mar 23) to 96.39, marking an increase of 0.11.
For Interest Coverage Ratio (X), as of Mar 24, the value is 15.46. This value is within the healthy range. It has decreased from 18.97 (Mar 23) to 15.46, marking a decrease of 3.51.
For Interest Coverage Ratio (Post Tax) (X), as of Mar 24, the value is 9.87. This value is within the healthy range. It has decreased from 12.29 (Mar 23) to 9.87, marking a decrease of 2.42.
For Enterprise Value (Cr.), as of Mar 24, the value is 255,411.43. It has increased from 206,356.84 (Mar 23) to 255,411.43, marking an increase of 49,054.59.
For EV / Net Operating Revenue (X), as of Mar 24, the value is 2.85. This value is within the healthy range. It has increased from 2.28 (Mar 23) to 2.85, marking an increase of 0.57.
For EV / EBITDA (X), as of Mar 24, the value is 13.16. This value is within the healthy range. It has increased from 10.79 (Mar 23) to 13.16, marking an increase of 2.37.
For MarketCap / Net Operating Revenue (X), as of Mar 24, the value is 2.79. This value is within the healthy range. It has increased from 2.22 (Mar 23) to 2.79, marking an increase of 0.57.
For Retention Ratios (%), as of Mar 24, the value is 95.27. This value exceeds the healthy maximum of 70. It has increased from 95.17 (Mar 23) to 95.27, marking an increase of 0.10.
For Price / BV (X), as of Mar 24, the value is 3.37. This value exceeds the healthy maximum of 3. It has increased from 2.58 (Mar 23) to 3.37, marking an increase of 0.79.
For Price / Net Operating Revenue (X), as of Mar 24, the value is 2.79. This value is within the healthy range. It has increased from 2.22 (Mar 23) to 2.79, marking an increase of 0.57.
For EarningsYield, as of Mar 24, the value is 0.04. This value is below the healthy minimum of 5. It has decreased from 0.05 (Mar 23) to 0.04, marking a decrease of 0.01.

Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of Wipro Ltd as of April 25, 2025 is: 208.75

Calculation basis:

Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

As of April 25, 2025, Wipro Ltd is Overvalued by 14.09% compared to the current share price 243.00

Intrinsic Value of Wipro Ltd as of April 25, 2025 is: 216.61

Calculation basis:

Intrinsic value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of April 25, 2025, Wipro Ltd is Overvalued by 10.86% compared to the current share price 243.00

Last 5 Year EPS CAGR: 3.77%

*Investments are subject to market risks

Strength and Weakness

Strength	Weakness
The stock has a high average ROCE of 21.33%, which is a positive sign. The stock has a low average Cash Conversion Cycle of -128.50, which is a positive sign. The company has higher reserves (53,542.92 cr) compared to borrowings (12,386.46 cr), indicating strong financial stability. The company has shown consistent growth in sales (62.54 cr) and profit (11.92 cr) over the years.	The stock has a high average Working Capital Days of 38.75, which may not be favorable.

Stock Analysis

Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Wipro Ltd:
1. Net Profit Margin: 12.4%
  - Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
2. ROCE: 17.86% (Industry Average ROCE: 21.45%)
  - ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
3. ROE%: 14.81% (Industry Average ROE: 64.94%)
  - ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
4. Interest Coverage Ratio (Post Tax): 9.87
  - Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
5. Quick Ratio: 2.57
  - Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
6. Stock P/E: 19.4 (Industry average Stock P/E: 94.16)
  - Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
7. Total Debt / Equity: 0.18
  - Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
Stock Rating:

About the Company - Qualitative Analysis

Wipro Ltd. is a Public Limited Listed company incorporated on 29/12/1945 and has its registered office in the State of Karnataka, India. Company's Corporate Identification Number(CIN) is L32102KA1945PLC020800 and registration number is 020800. Currently Company is involved in the business activities of Providing software support and maintenance to the clients. Company's Total Operating Revenue is Rs. 67292.80 Cr. and Equity Capital is Rs. 2094.40 Cr. for the Year ended 31/03/2025.

INDUSTRY	ADDRESS	CONTACT
IT Consulting & Software	Doddakannelli, Sarjapur Road, Bengaluru Karnataka 560035	info@wipro.com http://www.wipro.com

Management
Name	Position Held
Mr. Rishad A Premji	Executive Chairman
Mr. Azim H Premji	Founder Chairman
Ms. Tulsi Naidu	Independent Director
Mr. Deepak M Satwalekar	Independent Director
Dr. Patrick J Ennis	Independent Director
Mr. Patrick Dupuis	Independent Director
Mr. Ireena Vittal	Lead Independent Director
Mr. N S Kannan	Independent Director
Mr. Srinivas Pallia	Managing Director
Mr. P�ivi Rekonen	Independent Director

FAQ

What is the intrinsic value of Wipro Ltd?

Wipro Ltd's intrinsic value (as of 24 April 2025) is ₹208.75 — 14.09% lower the current market price of 243.00, indicating overvalued. Calculated using the PE ratio method, this valuation considers the company's 2,54,219 Cr. market cap, FY2025-2026 high/low of ₹325/208, reserves of 80,330 Cr, and liabilities of 125,552 Cr.

What is the Market Cap of Wipro Ltd?

The Market Cap of Wipro Ltd is 2,54,219 Cr..

What is the current Stock Price of Wipro Ltd as on 24 April 2025?

The current stock price of Wipro Ltd as on 24 April 2025 is 243.

What is the High / Low of Wipro Ltd stocks in FY 2025-2026?

In FY 2025-2026, the High / Low of Wipro Ltd stocks is ₹325/208.

What is the Stock P/E of Wipro Ltd?

The Stock P/E of Wipro Ltd is 19.4.

What is the Book Value of Wipro Ltd?

The Book Value of Wipro Ltd is 78.6.

What is the Dividend Yield of Wipro Ltd?

The Dividend Yield of Wipro Ltd is 2.47 %.

What is the ROCE of Wipro Ltd?

The ROCE of Wipro Ltd is 19.7 %.

What is the ROE of Wipro Ltd?

The ROE of Wipro Ltd is 16.7 %.

What is the Face Value of Wipro Ltd?

The Face Value of Wipro Ltd is 2.00.