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Last Updated: April 2, 2026, 3:57 am
Author: Getaka|Social: XLinkedIn
Stock Ticker - BSE: 507685 | NSE: WIPRO

Wipro Ltd: Intrinsic Value & Share Price Analysis

Fair Value

₹173.04Fairly Valued by 9.40%vs CMP ₹191.00

P/E (15.1) × ROE (16.6%) × BV (₹81.60) × DY (5.75%)

₹144.84Overvalued by 24.17%vs CMP ₹191.00
MoS: -31.9% (Negative)Confidence: 57/100 (Moderate)Models: 3 Fair, 6 Over
ModelCategoryValueWeightSignal
PE-ROEEarnings₹177.4922%Fair (-7.1%)
Graham NumberEarnings₹152.4616%Over (-20.2%)
Earnings PowerEarnings₹76.9413%Over (-59.7%)
DCFCash Flow₹140.1213%Over (-26.6%)
Net Asset ValueAssets₹81.527%Over (-57.3%)
EV/EBITDAEnterprise₹184.449%Fair (-3.4%)
Earnings YieldEarnings₹126.607%Over (-33.7%)
ROCE CapitalReturns₹194.659%Fair (+1.9%)
Revenue MultipleRevenue₹127.295%Over (-33.4%)
Consensus (9 models)₹144.84100%Overvalued

PE-ROE · Graham · EPV · DCF · NAV · EV/EBITDA · DDM · Earnings Yield · ROCE Capital · Revenue Multiple | CoE: 12% · Terminal: 4% · EPS CAGR: 2.6%

*Investments are subject to market risks

Investment Snapshot

69
Wipro Ltd scores 69/100 (Average)
Based on 5 dimensions: health, institutional flow, earnings quality, momentum, and peer comparison
Stock Health81/100 · Strong
ROCE 19.5% GoodROE 16.6% GoodD/E 0.12 Low debtInterest Coverage 0.0x RiskyProfitable 5/5 years Consistent
Smart Money65/100 · Strong
FII holding stable No changeDII holding up 0.91% MF buyingPromoter holding at 72.6% Stable
Earnings Quality60/100 · Moderate
OPM stable around 20% SteadyWorking capital: -17 days (improving) Efficient
Quarterly Momentum58/100 · Moderate
Revenue (4Q): 2% YoY FlatProfit (4Q): +7% YoY Positive
Industry Rank75/100 · Strong
P/E 15.1 vs industry 98.1 Cheaper than peersROCE 19.5% vs industry 14.9% Above peers3Y sales CAGR: 4% Slow

Weights: Health 30% · Earnings Quality 25% · Momentum 20% · Industry Rank 15% · Smart Money 10%. Scores are computed from reported financials and recalculated daily. Not investment advice.

Share Price and Basic Stock Data

Last Updated: April 2, 2026, 3:57 am

Market Cap 2,00,517 Cr.
Current Price 191
Intrinsic Value₹144.84
High / Low 273/186
Stock P/E15.1
Book Value 81.6
Dividend Yield5.75 %
ROCE19.5 %
ROE16.6 %
Face Value 2.00
PEG Ratio5.87

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

View Share Price Target for Wipro Ltd

Competitors

Stock Name Market Cap Current Price High / Low Stock P/E Book Value Dividend Yield ROCE ROE Face Value
Wipro Ltd 2,00,517 Cr. 191 273/18615.1 81.65.75 %19.5 %16.6 % 2.00
Tech Mahindra Ltd 1,37,619 Cr. 1,404 1,854/1,20928.6 2813.20 %18.6 %14.6 % 5.00
LTIMindtree Ltd 1,35,243 Cr. 4,559 6,430/3,80226.1 7891.43 %27.6 %21.5 % 1.00
Persistent Systems Ltd 79,650 Cr. 5,049 6,599/4,14944.3 4530.69 %30.4 %24.1 % 5.00
Oracle Financial Services Software Ltd 59,906 Cr. 6,883 9,950/6,23224.5 8473.85 %40.6 %29.3 % 5.00
Industry Average17,316.11 Cr418.4898.13120.780.77%14.90%21.00%6.77

All Competitor Stocks of Wipro Ltd

Quarterly Result

MetricDec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Sales 23,22923,19022,83122,51622,20522,20821,96422,30222,31922,50422,13522,69723,556
Expenses 18,69018,67118,62718,54618,00717,82817,61417,79817,77917,88017,90218,32519,259
Operating Profit 4,5394,5194,2043,9704,1984,3814,3504,5034,5404,6244,2334,3724,296
OPM % 20%19%18%18%19%20%20%20%20%21%19%19%18%
Other Income 6496326407405986537309621,0051,2171,0729631,008
Interest 290286309303312331329357415377361361366
Depreciation 923847738897932840729831676722686692805
Profit before tax 3,9754,0183,7983,5093,5523,8624,0224,2784,4534,7434,2584,2824,134
Tax % 23%23%24%24%24%26%24%25%24%24%22%24%24%
Net Profit 3,0653,0942,8862,6672,7012,8583,0373,2273,3673,5883,3363,2623,145
EPS in Rs 2.782.802.612.532.582.712.873.073.203.413.183.102.97

Last Updated: February 3, 2026, 2:16 pm

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: February 26, 2026, 11:46 am

MetricMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025TTM
Sales 43,42446,95151,24455,44854,48759,01961,13861,93579,31290,48889,76089,08890,892
Expenses 33,78836,65240,44844,12844,10047,40648,79547,16462,62873,64973,00871,06773,366
Operating Profit 9,63510,29910,79611,32110,38711,61312,34214,77116,68416,83916,75218,02117,526
OPM % 22%22%21%20%19%20%20%24%21%19%19%20%19%
Other Income 1,9222,4502,7522,6232,5502,6142,7282,4042,0672,2752,6313,9094,260
Interest 3833505585945837387335095321,0081,2551,4771,464
Depreciation 1,0601,1751,4962,3102,1121,9472,0862,7633,0783,3403,4072,9582,904
Profit before tax 10,11411,22411,49411,03910,24211,54212,25213,90315,14114,76614,72117,49617,418
Tax % 21%22%22%23%22%22%20%22%19%23%25%24%
Net Profit 7,9918,7148,9578,5188,0039,0189,77210,86812,24311,36611,11213,21813,332
EPS in Rs 6.046.586.766.556.637.468.519.8511.1510.3410.5712.5412.66
Dividend Payout % 25%34%17%6%6%7%6%5%27%5%5%48%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2014-20152015-20162016-20172017-20182018-20192019-20202020-20212021-20222022-20232023-20242024-2025
YoY Net Profit Growth (%)9.05%2.79%-4.90%-6.05%12.68%8.36%11.22%12.65%-7.16%-2.23%18.95%
Change in YoY Net Profit Growth (%)0.00%-6.26%-7.69%-1.14%18.73%-4.32%2.85%1.44%-19.82%4.93%21.19%

Wipro Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2014-2015 to 2024-2025.

Growth

Compounded Sales Growth
10 Years:7%
5 Years:8%
3 Years:4%
TTM:0%
Compounded Profit Growth
10 Years:5%
5 Years:6%
3 Years:2%
TTM:20%
Stock Price CAGR
10 Years:9%
5 Years:12%
3 Years:7%
1 Year:-7%
Return on Equity
10 Years:17%
5 Years:17%
3 Years:16%
Last Year:17%

Last Updated: September 5, 2025, 1:56 pm

Balance Sheet

Last Updated: December 4, 2025, 2:14 am

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Sep 2025
Equity Capital 4934944944869051,2071,1431,0961,0961,0981,0452,0942,097
Reserves 31,63636,59845,65151,18447,02255,21654,17953,80564,30776,57073,94380,73683,489
Borrowings 5,1597,89112,52214,24113,9019,9479,72410,45117,59317,46716,46519,20416,164
Other Liabilities 12,24513,36712,92412,76113,56316,21715,95417,21324,28021,78923,61126,36228,832
Total Liabilities 49,53358,35071,59078,67275,39182,58681,00082,566107,276116,924115,064128,396130,582
Fixed Assets 10,64910,83717,27919,88618,12717,46522,06223,04037,99044,75744,08345,65446,380
CWIP 3693953817381,3782,1421,8811,8531,602617748221268
Investments 6,1465,53220,91529,91325,79722,88720,03218,77526,15433,07333,38443,92642,500
Other Assets 32,36841,58633,01628,13530,09040,09337,02438,89841,53138,47736,84838,59541,435
Total Assets 49,53358,35071,59078,67275,39182,58681,00082,566107,276116,924115,064128,396130,582

Reserves and Borrowings Chart

Cash Flow

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Cash from Operating Activity + 6,7907,8407,8879,2778,42311,63210,06414,75511,08013,06017,62216,943
Cash from Investing Activity + -284-2,537-13,761-11,7703,5955,0653,593685-22,321-8,1691,144-8,044
Cash from Financing Activity + -3,570-830-159-2,275-12,998-4,937-15,100-12,8844,659-6,088-18,257-6,396
Net Cash Flow 2,9364,474-6,032-4,767-97911,760-1,4422,556-6,583-1,1975092,502
Free Cash Flow 6,0106,6996,5707,7506,3539,5487,84212,8739,13811,63116,97315,651
CFO/OP 93%100%98%104%108%122%87%117%82%96%114%109%

Free Cash Flow

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Free Cash Flow4.003.00-2.00-3.00-3.002.003.004.00-1.00-1.000.00-1.00

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

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Debtor Days 727171626862625653514748
Inventory Days 285666
Days Payable 639671597
Cash Conversion Cycle -539-544-461626862625653514748
Working Capital Days 1515-14-233-13-18-31-15-3-4-17
ROCE %29%27%23%19%17%19%20%22%21%18%17%20%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthMar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Promoters 72.92%72.91%72.93%72.90%72.89%72.82%72.80%72.75%72.73%72.67%72.66%72.64%
FIIs 6.38%6.32%6.47%6.70%6.96%7.12%7.27%7.81%8.35%8.16%8.45%8.22%
DIIs 8.01%7.56%8.03%8.13%8.28%8.25%8.71%8.20%7.47%7.78%7.86%8.38%
Public 12.51%13.05%12.43%12.16%11.76%11.68%11.10%11.12%11.31%11.28%10.89%10.63%
Others 0.18%0.16%0.14%0.13%0.11%0.11%0.11%0.11%0.11%0.11%0.11%0.11%
No. of Shareholders 26,91,32927,79,43625,93,08725,21,36123,97,64823,69,08922,36,75223,58,94324,31,18024,61,55025,15,45224,42,662

Shareholding Pattern Chart

No. of Shareholders

Wipro Ltd: Intrinsic Value & Share Price Analysis - Shareholder trend analysis

Mutual Fund Holdings

Fund NameNo of SharesAUM (%)Amount Invested (Cr)Previous Number of SharesPrevious DatePercentage Change
SBI Multi Asset Allocation Fund 5,927 0.36 30000N/AN/AN/A
ICICI Prudential Technology Fund 41,405,503 6.13 832.0941,055,5032026-03-24 00:45:250.85%
ICICI Prudential Large Cap Fund 35,622,979 0.92 715.8815,542,0812026-03-24 00:45:25129.2%
Tata Digital India Fund 32,787,324 6.66 658.8910,071,3812025-11-03 13:43:08225.55%
ICICI Prudential Value Fund 29,325,612 0.97 589.3317,157,8692026-03-24 00:45:2570.92%
Kotak Midcap Fund 22,172,994 0.72 445.5931,730,1332026-03-24 00:45:25-30.12%
ICICI Prudential Multi Asset Fund 15,102,739 0.37 303.513,729,8822026-01-26 01:30:0410%
SBI Contra Fund 15,000,000 0.61 301.44N/AN/AN/A
Quant Multi Asset Allocation Fund 8,677,760 3.54 174.39N/AN/AN/A
ICICI Prudential Equity Savings Fund 8,508,713 0.95 170.99N/AN/AN/A

ROCE Trend

EPS Trend

Key Financial Ratios

MonthMar 25Mar 24Mar 23Mar 22Mar 21
FaceValue 2.002.002.002.002.00
Basic EPS (Rs.) 12.5620.8920.7322.3719.11
Diluted EPS (Rs.) 12.5220.8220.6822.3119.07
Cash EPS (Rs.) 15.4227.8326.8127.9424.86
Book Value[Excl.RevalReserv]/Share (Rs.) 78.65142.65141.63119.40100.48
Book Value[Incl.RevalReserv]/Share (Rs.) 78.65142.65141.63119.40100.48
Revenue From Operations / Share (Rs.) 85.07171.79164.88144.68113.04
PBDIT / Share (Rs.) 20.9237.1434.8434.1931.32
PBIT / Share (Rs.) 18.0930.6228.7528.5826.28
PBT / Share (Rs.) 16.6828.2226.9227.6125.35
Net Profit / Share (Rs.) 12.6021.3120.7222.3219.81
NP After MI And SOA / Share (Rs.) 12.5421.1420.6822.3119.70
PBDIT Margin (%) 24.5821.6221.1223.6327.70
PBIT Margin (%) 21.2617.8217.4319.7523.24
PBT Margin (%) 19.6116.4216.3219.0822.42
Net Profit Margin (%) 14.8012.4012.5615.4217.52
NP After MI And SOA Margin (%) 14.7412.3012.5415.4117.43
Return on Networth / Equity (%) 15.9414.8114.6118.6919.66
Return on Capital Employeed (%) 19.0317.8617.4620.4324.10
Return On Assets (%) 10.249.629.6811.3713.04
Long Term Debt / Equity (X) 0.070.080.070.080.01
Total Debt / Equity (X) 0.190.180.190.230.12
Asset Turnover Ratio (%) 0.730.770.700.730.68
Current Ratio (X) 2.722.582.472.012.27
Quick Ratio (X) 2.712.572.462.012.27
Inventory Turnover Ratio (X) 1112.91856.900.000.000.00
Dividend Payout Ratio (NP) (%) 47.774.724.8226.825.05
Dividend Payout Ratio (CP) (%) 38.993.613.7221.434.02
Earning Retention Ratio (%) 52.2395.2895.1873.1894.95
Cash Earning Retention Ratio (%) 61.0196.3996.2878.5795.98
Interest Coverage Ratio (X) 14.8315.4618.9735.2033.73
Interest Coverage Ratio (Post Tax) (X) 9.939.8712.2923.9822.33
Enterprise Value (Cr.) 278669.22255411.43206356.84329371.90216892.78
EV / Net Operating Revenue (X) 3.132.852.284.153.50
EV / EBITDA (X) 12.7213.1610.7917.5712.64
MarketCap / Net Operating Revenue (X) 3.082.792.224.093.66
Retention Ratios (%) 52.2295.2795.1773.1794.94
Price / BV (X) 3.333.372.584.964.13
Price / Net Operating Revenue (X) 3.082.792.224.093.66
EarningsYield 0.040.040.050.030.04

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

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.
INDUSTRYADDRESSCONTACT
IT Consulting & SoftwareDoddakannelli, Sarjapur Road, Bengaluru Karnataka 560035Contact not found
Management
NamePosition Held
Mr. Rishad A PremjiChairman
Mr. Azim H PremjiFounder Chairman
Mr. Srinivas PalliaManaging Director & CEO
Ms. Tulsi NaiduIndependent Director
Mr. Deepak M SatwalekarLead Independent Director
Mr. P�ivi RekonenIndependent Director
Dr. Patrick J EnnisIndependent Director
Mr. Patrick DupuisIndependent Director
Mr. N S KannanIndependent Director

FAQ

What is the intrinsic value of Wipro Ltd and is it undervalued?

As of 15 April 2026, Wipro Ltd's intrinsic value is ₹144.84, which is 24.17% lower than the current market price of ₹191.00, suggesting the stock is overvalued. This is calculated using the PE ratio method factoring in ROE (16.6 %), book value (₹81.6), dividend yield (5.75 %), and 5-year EPS CAGR.

What is the current share price and 52-week range of Wipro Ltd?

Wipro Ltd is trading at ₹191.00 as of 15 April 2026, with a FY2026-2027 high of ₹273 and low of ₹186. The stock is currently near its 52-week low. Market cap stands at ₹2,00,517 Cr..

How does Wipro Ltd's P/E ratio compare to its industry?

Wipro Ltd has a P/E ratio of 15.1, which is below the industry average of 98.13. Trading at a steep discount to peers could signal a value opportunity or reflect concerns about the company's fundamentals.

Is Wipro Ltd financially healthy?

Key indicators for Wipro Ltd: ROCE of 19.5 % indicates efficient capital utilization; ROE of 16.6 % shows strong shareholder returns. Dividend yield is 5.75 %.

Is Wipro Ltd profitable and how is the profit trend?

Wipro Ltd reported a net profit of ₹13,218 Cr in Mar 2025 on revenue of ₹89,088 Cr. Compared to ₹12,243 Cr in Mar 2022, the net profit shows an improving trend.

Does Wipro Ltd pay dividends?

Wipro Ltd has a dividend yield of 5.75 % at the current price of ₹191.00. This is a relatively attractive yield for income-seeking investors.

Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in Wipro Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE