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Company details

508.50
528.55
375.05
548.80
6M Return 11.66%
1Y Return 31.07%
Mkt Cap.(Cr) 274,479.01
Volume 13,076,998
Div Yield 0.19%
OI
-
OI Chg %
-
Volume 13,076,998

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About The Stock

    Wipro is an IT, consulting & BPO player catering to BFSI, health, consumer, energy & utility, technology and communication.

    • With over 230000 employees, it serves clients across six continents

     

    • Consistent payout (~70%), healthy OCF to EBITDA ratio of ~89%
Q4FY23 Results:

    Wipro reported weak Q4 results on the revenue front.

    • IT services revenue declined 0.6% QoQ in CC terms and increased 0.7% QoQ in dollar terms
    • IT services EBIT margins flat QoQ at 16.3%
    • Reported TCV of US$4.1 billion (bn), up 29% YoY

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Research view on more stocks

IT Consulting & Software company Wipro announced Q1FY25 results:

  • Gross revenue was at Rs 219.6 billion (USD 2,635.8 million), a decrease of 1.1% QoQ and 3.8% YoY.
  • IT services segment revenue was at USD 2,625.9 million, a decrease of 1.2% QoQ and decrease of 5.5% YoY.
  • Non-GAAP constant currency IT Services segment revenue decreased 1.0% QoQ, and 4.9% YoY.
  • Total bookings was at USD 3,284 million. Large deal bookings was at USD 1,154 million, a decrease of 3.1% QoQ and 3.6% YoY.
  • IT services operating margin for the quarter was at 16.5%, an increase of 0.1% QoQ and 0.4% YoY.
  • Net income for the quarter was at Rs 30.0 billion (USD 360.4 million), an increase of 5.9% QoQ and 4.6% YoY.
  • Earnings per share for the quarter was at Rs 5.75 (USD 0.07), an increase of 5.9% QoQ and 9.9% YoY.
  • Operating cash flows of Rs 40.0 billion (USD 479.0 million), an increase of 6.5% YoY and at 131.6% of Net Income for the quarter.
  • Voluntary attrition was at 14.1% on a trailing 12-month basis.

Srini Pallia, CEO and Managing Director, said “We recorded another quarter of total large deal bookings over USD 1 bn, with our largest win in the recent years. Our top accounts continued to grow, accompanied by a growth in Americas1 SMU, BFSI and Consumer sectors. We are pleased with the momentum we have built in Q1 across industries and sectors and confident in our ability to execute better on bookings and profitable growth as we transition to Q2. While we continue to build on our ai360 strategy and preparing our workforce for an AI-first future.”

Aparna Iyer, Chief Financial Officer, said “We continued to expand our margins to 16.5% in Q1FY25, this is a 42-bps improvement YoY. Our margin performance is also reflected in our EPS increase of 10% YoY. Our operating cash flows continue to be strong at 131.6% of our net income which takes our current investment and cash balance to USD 5.4 billion.”

Result PDF

View Other Company Results

Wipro Shares SWOT Analysis

Strengths (9)

  • Rising Net Cash Flow and Cash from Operating activity
  • Growth in Net Profit with increasing Profit Margin (QoQ)
  • Company with Low Debt

Weakness (4)

  • MFs decreased their shareholding last quarter
  • Inefficient use of assets to generate profits - ROA declining in the last 2 years
  • Degrowth in Revenue and Profit

Opportunity (0)

Data not found

Threats (3)

  • Promoter decreasing their shareholding
  • Red Flag: Resignation of Top Management
  • Increasing Trend in Non-Core Income

Resistance and support

R1 532.7
R2 540.7
R3 552.8
Pivot

520.62

S1 512.7
S2 500.6
S3 492.6
EMA SMA
523.9
506.7
491.6
472.1
534.3
495.8
488.4
465.6
Delivery and volume
CLIENT NAME DEAL TYPE ACTION DATE AVG. PRICE QUANTITY EXCHANGE
MARSHALL WACE INVESTMENT STRATEGIES EUREKA FUND Block Purchase 2024-01-25 478.05 175224 NSE
MARSHALL WACE INVESTMENT STRATEGIES TOPS FUND Block Purchase 2024-01-25 478.05 174348 NSE
SOCIETE GENERALE Block Sell 2024-01-25 478.05 349572 NSE
Name Category Shares
AZIM H PREMJI PROMOTER 4.12%
MR AZIM HASHAM PREMJI PARTNER REPRESENTING ZASH TRADERS PROMOTER 20.66%
MR AZIM HASHAM PREMJI PARTNER REPRESENTING PRAZIM TRADERS PROMOTER 20.37%
MR AZIM HASHAM PREMJI PARTNER REPRESENTING HASHAM TRADERS PROMOTER 16.9%
AZIM PREMJI TRUST PROMOTER 10.16%

OUR RESEARCH VIEW

Investment recommendation
Call Date
29 Apr 2023
Entry Price 385.00
Target Price 420.00
Duration
12-18 Month

FINANCIALS

Sales
Operating Profit
Profit after Tax
Equity
Reserves and Surplus
Debt
Sales
Operating Profit
Profit after Tax
PE
Debt/Equity
P BV

Wipro Stocks Comparison

Financials( in Cr) Wipro Ltd Tata Consultancy Services Ltd Infosys Ltd HCL Technologies Ltd LTIMindtree Ltd
Price 524.80 4,387.85 1,878.90 1,635.35 5,788.45
% Change 3.54 1.51 2.96 3.01 3.40
Mcap Cr 274,479.01 1,587,562.74 780,124.54 443,779.21 171,432.47
Revenue TTM Cr 89,760.30 240,893.00 153,670.00 109,913.00 35,517.00
Net Profit TTM Cr 11,112.10 46,099.00 26,248.00 15,710.00 4,584.60
PE TTM 24.57 33.36 29.26 27.00 37.56
1 Year Return 31.07 29.09 40.78 47.12 18.89
ROCE 16.38 62.85 44.74 28.63 30.98
ROE 14.60 51.04 37.12 23.51 25.05
INSIDER & INSTITUTIONAL ACTIVITY

Equity Capital: 74,533.00 Cr FV: 2.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 3,555.27 41,445.87
LAST 3M 81,242.17 56,953.52
LAST 6M 176,360.83 56,552.99
LAST 12M 304,497.96 86,223.40
Wipro allots 44,377 equity shares under ESOP

Jul 26, 2024 l BSE Announcement

Wipro Limited - Analysts/Institutional Investor Meet/Con. Call Updates

Jul 26, 2024 l NSE Announcement

Wipro Limited - ESOP/ESOS/ESPS

Jul 25, 2024 l NSE Announcement

Date Action Type Ratio
Jan 24, 2024 Dividend 50
Jan 24, 2023 Dividend 50
Apr 05, 2022 Dividend 250

Wipro Information

Stock PE (TTM)
24.57
Promoter Holding
72.82%
Book Value
142.4997
ROCE
16.38%
ROE
14.6%
Description
  • Wipro Limited is engaged in IT Consulting & Software, having its market capitalization worth INR 2,57,108.70 Cr. as of 16th April 2021. Wipro was formed in 1945, and the company has reported quarterly revenue of INR 13,260.00 Cr. at the end of December 2020. This company is found listed on the Bombay Stock Exchange (BSE), having the code 507685 and on the National Stock Exchange (NSE) with the symbol WIPRO. Initially set up as a manufacturer of vegetable and refined oils. It is now an Indian multinational corporation that provides information technology, consulting and business process services and is headquartered in Bangalore. Wipro is a market leader in technology and IT. Wipro has used its power of analytics and robotics to help its clients spread across the world. Since the June 2020 quarter, the company has been proliferating its revenues, which stands at Rs. 16,245 cr. as of 31 March 2021. Numerous institutional investors invested in the company, and during the quarter of June 2019, shares worth $762.9 thousand were bought. Since September 2020, there has been a remarkable rise in the overview of revenue from CR 15096 to 15750 in March 2020. The company has been experiencing a reduction in the debt for 3 consecutive years, which stands at only a paltry amount of Rs. 4,317 cr. Wipro has numerous subsidiaries, namely Capco, Wipro digital and Top coder, Yardley London, Wipro Technologies. The firm is the worlds first PCMM Level 5, and SEI CMM Level 5 accredited IT services firm. Since 23 April 2021, Wipro has risen to become the third most valuable Indian IT company in market capitalization. The group also founded a joint venture called WMNETSERV Ltd. with Motorola to provide telecom operators with world-class regulated services in network operations. Wipro has also managed to acquire PARI, which is precision automation and robotics India, which is a massive step in their robotics arena and will help the company go global in the robotics arena. The companys Return on Equity has been increasing, and it now stands at 17.57 per cent in March 2020, up from 15.95 per cent in March 2019. Wipro has earned the Google cloud partner specialty in technology growth for the year 2021.

Registered Address

Doddakannelli, Sarjapur Road, Bangalore, Karnataka, 560035

Tel : 91-80-28440011
Email : info:wipro.com
Website : http://www.wipro.com
Registrar

Karvy Computershare Pvt Ltd

AGM Date (Month) : Jul
Face Value Equity Shares : 2
Market Lot Equity Shares : 1
BSE Code : 507685
NSE Code : WIPRO
Book Closure Date (Month) : Jul
BSE Group : A
ISIN : INE075A01022

Wipro SHARES FAQs

You can buy Wipro shares through a brokerage firm. ICICI Direct is a registered broker through which you can place orders to buy Wipro Share.

Company share prices and volatile and keep changing according to the market conditions. As of Jul 26, 2024 04:12 PM the closing price of Wipro was Rs.524.80.

The latest PE ratio of Wipro as of Jul 26, 2024 04:12 PM is 24.57

The latest PB ratio of Wipro as of Jul 26, 2024 04:12 PM is 0.27

The 52-week high of Wipro share price is Rs. 548.80 while the 52-week low is Rs. 375.05

According to analyst recommendations, Wipro Share has a "Buy" rating for the long term.

Market capitalization or market cap is determined by multiplying the current market price of a companys shares with the total number of shares outstanding. As of Jul 26, 2024 04:12 PM, the market cap of Wipro stood at Rs. 274,479.01 Cr.

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