Wipro Limited (WIPRO) AI Stock Analysis

• Market Cap: ₹2.54T
• Dividend Yield: 4.53%
• Average Volume (3M): 398.46K
• Price to Earnings (P/E): 18.8
• Beta (1Y): 0.97
• Revenue Growth: 1.10%
• EPS Growth: 14.83%
• Country: IN
• Employees: 234,000
• Sector: Technology
• Sector Strength: 88
• Industry: Information Technology Services
• EPS (TTM): 3.09
• Shares Outstanding: 10,483,816,000
• 10 Day Avg. Volume: 475,913
• 30 Day Avg. Volume: 398,459
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: ₹253.00
• Price Target Upside: 5.04% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 9

• Rating: 73 Outperform
• Price Target: ₹269.00 ▲(11.69% Upside)

Wipro's overall stock score reflects strong financial performance and a fair valuation, tempered by mixed technical indicators and challenges highlighted in the earnings call. The company's robust deal pipeline and attractive dividend yield are positive, but revenue declines and market challenges warrant caution.

Wipro Limited Business Overview & Revenue Model

Company Description

Wipro Limited (WIPRO) is a leading global information technology, consulting, and business process services company headquartered in Bangalore, India. With a diverse portfolio that spans multiple sectors, including IT services, digital transformation, cloud services, and cybersecurity, Wipro serves clients across various industries such as healthcare, finance, manufacturing, and retail. The company is known for its innovative solutions, leveraging advanced technologies like artificial intelligence, machine learning, and automation to help organizations optimize their operations and enhance customer experiences.

How the Company Makes Money

Wipro generates revenue primarily through its IT services and consulting offerings. The company operates on a project-based revenue model, where it charges clients for services rendered, such as software development, system integration, and IT infrastructure management. Key revenue streams include managed services, application development and maintenance, and digital transformation projects. Additionally, Wipro has established strategic partnerships with major technology providers, including Microsoft, AWS, and SAP, which enhance its service offerings and market reach. The company also benefits from long-term contracts with clients, providing a stable revenue base, while its focus on emerging technologies and industry-specific solutions helps drive growth in new markets.

Wipro Limited Financial Statement Overview

Summary

Wipro's financial performance is strong, with consistent revenue growth and healthy profit margins. The balance sheet shows low leverage and a strong equity position, although rising liabilities and capital expenditures need monitoring.

Income Statement

Wipro's income statement reflects a strong financial performance with consistent revenue growth. The TTM revenue of 892.59 billion indicates a stable growth trajectory. Gross profit and net profit margins remain healthy at approximately 30.33% and 15.08% respectively, illustrating efficient cost management. EBIT and EBITDA margins of 16.91% and 25.04% further highlight operational efficiency. However, a slight decline in revenue compared to previous annual figures suggests a need for vigilance in maintaining growth momentum.

Balance Sheet

The balance sheet shows a solid financial position with a favorable debt-to-equity ratio of approximately 0.18, indicating low leverage. Return on equity stands at 15.49%, reflecting effective use of shareholder funds. The equity ratio of 66.44% signifies a strong capital structure. Nonetheless, increasing total liabilities warrant monitoring to ensure continued financial stability.

Cash Flow

Wipro's cash flow statement demonstrates robust liquidity with a positive free cash flow of 155.43 billion in the TTM period. The operating cash flow to net income ratio of 1.27 signifies strong cash generation capability relative to profit. Although free cash flow to net income ratio at 1.15 is solid, the negative trend in investing cash flow highlights substantial capital expenditures, which may impact future free cash flow growth.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	892.59B	890.88B	897.60B	904.88B	790.93B	619.43B
Gross Profit	270.85B	273.08B	266.11B	259.43B	235.06B	196.22B
EBITDA	223.53B	218.15B	192.37B	189.38B	187.45B	168.41B
Net Income	134.63B	131.35B	110.45B	113.50B	122.19B	107.95B
Balance Sheet
Total Assets	1.31T	1.28T	1.15T	1.18T	1.08T	831.43B
Cash, Cash Equivalents and Short-Term Investments	530.67B	533.45B	408.12B	401.87B	351.28B	346.12B
Total Debt	158.74B	192.03B	164.65B	174.67B	175.93B	104.51B
Total Liabilities	437.08B	456.07B	401.24B	394.07B	420.51B	276.84B
Stockholders Equity	868.90B	828.31B	749.88B	781.16B	658.16B	553.10B
Cash Flow
Free Cash Flow	155.43B	154.39B	165.71B	115.77B	90.64B	127.97B
Operating Cash Flow	170.59B	169.43B	176.22B	130.60B	110.80B	147.55B
Investing Cash Flow	-42.26B	-80.73B	11.68B	-84.06B	-224.50B	7.74B
Financing Cash Flow	-103.63B	-63.96B	-182.57B	-60.88B	46.59B	-128.84B

Wipro Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 240.85
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:WIPRO, the sentiment is Negative. The current price of 240.85 is below the 20-day moving average (MA) of 243.58, below the 50-day MA of 247.17, and below the 200-day MA of 259.36, indicating a bearish trend. The MACD of -0.98 indicates Positive momentum. The RSI at 46.22 is Neutral, neither overbought nor oversold. The STOCH value of 25.64 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:WIPRO.

Wipro Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
HCLTECH	76 Outperform	₹4.06T	23.73	―	3.15%	7.52%	0.87%
WIPRO	73 Outperform	₹2.54T	18.83	―	4.53%	1.10%	14.83%
PERSISTENT	72 Outperform	₹913.83B	53.59	―	0.60%	23.27%	33.09%
LTIM	68 Neutral	₹1.66T	34.11	―	1.21%	8.72%	4.54%
COFORGE	66 Neutral	₹580.41B	58.18	―	0.87%	41.97%	38.73%
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
TECHM	55 Neutral	₹1.42T	28.56	―	3.10%	3.30%	36.78%

Wipro Limited Corporate Events

Wipro Releases Q2 FY 2025-2026 Earnings Conference Details

Wipro Limited announced that the presentation and video recording of its earnings press conference, held on October 16, 2025, are now available on its website. This release is significant as it provides stakeholders, including analysts and institutional investors, with detailed insights into the company’s financial performance and strategic direction, potentially impacting investment decisions and market perception.

Wipro Allots 44,401 Equity Shares Under ESOP Plans

Wipro Limited has announced the allotment of a total of 44,401 equity shares under its ADS Restricted Stock Unit Plan 2004 and Restricted Stock Unit Plan 2007, following the exercise of employee stock options (ESOPs) on October 6, 2025. This move reflects Wipro’s ongoing commitment to employee engagement and retention through equity-based incentives, which could enhance its competitive positioning in the IT services sector.

Wipro Celebrates 20th Spirit of Wipro Run with Global Participation

Wipro Limited celebrated the 20th edition of the Spirit of Wipro Run, which saw participation from over 62,000 individuals worldwide, including employees, clients, and partners. The event, held in more than 100 cities, underscores Wipro’s commitment to community engagement and wellbeing. The run supports healthcare, education, and environmental sustainability through partnerships with over 85 non-profit organizations, with each registration matched by a corporate contribution from Wipro Cares.

Wipro Grants Restricted Stock Units to Key Employee

Wipro Limited has announced the grant of 234,657 ADS Restricted Stock Units to an identified employee under its Employee Stock Options, Performance Stock Unit, and Restricted Stock Unit Scheme 2024. This move, effective from September 10, 2025, reflects Wipro’s commitment to rewarding and retaining talent, potentially enhancing employee motivation and aligning their interests with the company’s long-term goals.

Wipro Limited Grants Over 400,000 Restricted Stock Units to Employees

Wipro Limited has announced the grant of 406,361 ADS Restricted Stock Units under its Employee Stock Options, Performance Stock Unit, and Restricted Stock Unit Scheme 2024. This move, effective from August 26, 2025, is part of the company’s strategy to incentivize and retain key employees, potentially enhancing its competitive positioning in the industry.