Wipro

Large Cap 69.3k Result

₹420.6

-2 (-0.47%)

Advice
Hold

As on 12 December, 2023 | 02:47 BSE: 507685 NSE: WIPROISIN: INE075A01022

Wipro Performance

Day Range

Low 417.25
High 422.20

₹ 420.6

52 Week Range

Low 352.00
High 443.75

₹ 420.6

Open Price420.00
Previous Close422.60
Volume5042121

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Wipro Share Price

Over 1 Month 10.89%
Over 3 Month -3.28%
Over 6 Month 5.86%
Over 1 Year 6.74%

Wipro Key Statistics

P/E Ratio	18.9
PEG Ratio	5.8
Market Cap Cr	219,709
Price to Book Ratio	2.8
EPS	17.6
Dividend	0.2
Relative Strength Index	66.51
Money Flow Index	62.07
MACD Signal	4.1
Average True Range	7.14

Wipro F&O

Wipro Futures

Wipro Option Chain

Wipro Investment Rating

Master Rating:
Wipro (Nse) has an operating revenue of Rs. 91,766.20 Cr. on a trailing 12-month basis. An annual revenue growth of 14% is good, Pre-tax margin of 16% is great, ROE of 14% is good. The company has a reasonable debt to equity of 8%, which signals a healthy balance sheet. The stock from a technical standpoint is comfortably placed above its key moving averages, around 6% and 6% from 50DMA and 200DMA. It is currently FORMING a base in its weekly chart and is trading around 5% away from the crucial pivot point. From an O'Neil Methodology perspective, the stock has an EPS Rank of 69 which is a FAIR score but needs to improve its earnings, a RS Rating of 27 which is POOR indicating the underperformance as compared to other stocks, Buyer Demand at B+ which is evident from recent demand for the stock, Group Rank of 115 indicates it belongs to a poor industry group of Computer-Tech Services and a Master Score of C is fair but needs to improve. Institutional holding has gone up in the last reported quarter is a positive sign. Overall, the stock has mediocre earnings and technical strength, there are superior stocks in the current market environment.

EPS Strength

Price Strength

Buyer Demand

Group Rank

Wipro Financials

Standalone Consolidated

Quarterly P&L
Annual P&L
Balance Sheet
Cash Flow
Ratios
Quarterly P&L
Annual P&L
Balance Sheet
Cash Flow
Ratios

Indicator	Sep 2023	Jun 2023	Mar 2023	Dec 2022	Sep 2022	Jun 2022	Mar 2022
Oper Rev Qtr Cr	16,681	17,203	17,477	17,079	16,942	16,256	15,586
Operating Expenses Qtr Cr	13,940	13,942	14,633	13,927	13,896	13,161	12,315
Operating Profit Qtr Cr	2,740	3,261	2,844	3,152	3,045	3,095	3,271
Depreciation Qtr Cr	371	377	384	408	405	395	395
Interest Qtr Cr	206	205	174	174	135	146	119
Tax Qtr Cr	787	833	878	814	673	727	611
Net Profit Qtr Cr	2,061	2,588	2,264	2,413	2,283	2,217	5,479

Indicator	Mar 2023	Mar 2022
Total Revenue Annual Cr	70,108	64,281
Operating Expenses Annual Cr	55,618	47,163
Operating Profit Annual in Cr	12,136	12,411
Depreciation Cr	1,592	1,486
Interest Annual Cr	629	367
Tax Annual Cr	3,092	3,129
Net Profit Annual Cr	9,177	12,135

Indicator	Mar 2023	Mar 2022
Cash from Operating Activity Annual Cr	11,192	7,241
Cash from Investing Activity Annual Cr	-4,762	-12,611
Cash from Financing Annual Activity Cr	-6,804	495
Net Cash Flow Annual Cr	-374	-4,876

Indicator	Mar 2023	Mar 2022
Total ShareHolders Funds Annual Cr	62,762	54,351
Fixed Assets Annual Cr	9,429	9,622
Total Non Current Assets Annual Cr	31,330	28,611
Total Current Assets Annual Cr	53,978	51,772
Total Assets Annual Cr	85,308	80,383

Indicator	Mar 2023	Mar 2022
Book Value Per Share Annual Rs	114	99
ROE Annual %	15	22
ROCE Annual %	19	27
Total Debt to Total Equity Annual	-	-
EBDIT Annual Margin %	21	29

Indicator	Sep 2023	Jun 2023	Mar 2023	Dec 2022	Sep 2022	Jun 2022	Mar 2022
Oper Rev Qtr Cr	22,516	22,831	23,190	23,229	22,540	21,529	20,860
Operating Expenses Qtr Cr	18,543	18,635	18,685	18,682	18,598	17,669	16,723
Operating Profit Qtr Cr	3,973	4,196	4,505	4,547	3,942	3,859	4,138
Depreciation Qtr Cr	897	738	847	923	797	774	735
Interest Qtr Cr	303	309	286	290	227	205	172
Tax Qtr Cr	842	912	925	910	771	793	640
Net Profit Qtr Cr	2,646	2,870	3,075	3,053	2,659	2,564	3,087

Indicator	Mar 2023	Mar 2022
Total Revenue Annual Cr	92,753	81,373
Operating Expenses Annual Cr	73,634	62,628
Operating Profit Annual in Cr	16,854	16,684
Depreciation Cr	3,340	3,078
Interest Annual Cr	1,008	533
Tax Annual Cr	3,399	2,897
Net Profit Annual Cr	11,350	12,230

Indicator	Mar 2023	Mar 2022
Cash from Operating Activity Annual Cr	13,060	11,080
Cash from Investing Activity Annual Cr	-8,407	-22,450
Cash from Financing Annual Activity Cr	-6,088	4,659
Net Cash Flow Annual Cr	-1,435	-6,711

Indicator	Mar 2023	Mar 2022
Total ShareHolders Funds Annual Cr	77,668	65,403
Fixed Assets Annual Cr	15,025	15,305
Total Non Current Assets Annual Cr	51,024	45,430
Total Current Assets Annual Cr	66,110	62,075
Total Assets Annual Cr	117,134	107,505

Indicator	Mar 2023	Mar 2022
Book Value Per Share Annual Rs	142	119
ROE Annual %	15	19
ROCE Annual %	17	20
Total Debt to Total Equity Annual	-	-
EBDIT Annual Margin %	21	24

Invest in Wipro

Wipro Technicals

EMA & SMA

Current Price

₹420.6

-2 (-0.47%)

Bullish Moving Average
___
16

Bearish Moving Average
___
0

EMA SMA

20 Day
₹406.14

50 Day
₹402.69

100 Day
₹402.58

200 Day
₹404.63

20 Day
₹403.18

50 Day
₹398.53

100 Day
₹407.68

200 Day
₹396.41

Wipro Resistance and Support

PIVOT

₹420.02

Resistance
First Resistance	422.78
Second Resistance	424.97
Third Resistance	427.73

RSI	66.51
MFI	62.07
MACD Single Line	4.10
MACD	6.64

Support
First Resistance	417.83
Second Resistance	415.07
Third Resistance	412.88

Wipro Delivery and Volume

Period	NSE + BSE Volume Avg	NSE + BSE Delivery Volume Avg	NSE + BSE Delivery Volume %
Day	5,270,329	222,302,477	42.18
Week	7,445,292	317,690,601	42.67
1 Month	5,563,239	267,647,426	48.11
6 Month	5,642,406	274,672,300	48.68

Wipro Result Highlights

Wipro Synopsis

NSE-Computer-Tech Services

Wipro is involved in the business activities of Computer consultancy and computer facilities management activities. Company’s Total Operating Revenue is Rs. 67753.40 Cr. and Equity Capital is Rs. 1097.60 Cr. for the Year ended 31/03/2023. 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.

Market Cap	219,709
Sales	68,440
Shares in Float	141.04
No of funds	749
Yield	0.24

Book Value	3.68
U/D Vol ratio	0.7
LTDebt / Equity
Alpha	-0.03
Beta	0.96

Wipro

Owner Name	Sep-23	Jul-23	Jun-23	Mar-23
Promoters	72.93%	72.97%	72.91%	72.92%
Mutual Funds	2.79%	2.39%	2.29%	2.79%
Insurance Companies	5.11%	5.13%	5.1%	5.04%
Foreign Portfolio Investors	6.47%	6.46%	6.32%	6.38%
Financial Institutions/ Banks
Individual Investors	7.85%	8.13%	8.55%	8.03%
Others	4.85%	4.92%	4.83%	4.84%

Wipro Management

Name	Designation
Mr. Rishad A Premji	Chairman
Mr. Azim H Premji	Founder Chairman
Mr. Thierry Delaporte	Managing Director & CEO
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

Wipro Forecast

Price Estimates

2,000(9.8%)

1,758(-3.5%)

1,590(-12.7%)

Other Analyst Rating

Date	Purpose	Remarks
2023-10-18	Quarterly Results
2023-07-13	Quarterly Results
2023-04-27	Audited Results & Buy Back
2023-01-13	Quarterly Results & Interim Dividend
2022-10-12	Quarterly Results

Date	Purpose	Remarks
2023-01-25	INTERIM	Rs.1.00 per share(50%)Interim Dividend
2022-04-06	INTERIM	Rs.5.00 per share(250%)Interim Dividend
2022-01-24	INTERIM	Rs.1.00 per share(50%)Interim Dividend
2021-01-25	INTERIM	Rs.1.00 per share(50%)Interim Dividend

Wipro MF Shareholding

Name	Amount(cr)
SBI Nifty 50 ETF	155,471
SBI S&P BSE Sensex ETF	95,207
HDFC Balanced Advantage Fund Growth	63,981
ICICI Prudential Balanced Advantage Fund Growth	49,871
UTI Nifty 50 Exchange Traded Fund	42,363

About Wipro

Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO) is a leading global information technology, consulting and business process services company. Serving clients on six continents and with offices in 67 countries around the globe, the company offers IT solutions and services, including Systems Integration, Consulting, R & R&D Services, Information Systems Outsourcing, IT-Enabled Services, etc.

Ranked 29th in the Fortune 500 Indian company list by total revenue, Wipro is the 11th largest employer in India, with over 2,30,000+ employees. The company's Total Revenue is INR 79,312 Cr. for the year ended 31/03/2022. Wipro Ltd. is a Public Limited Listed company incorporated on 1945 and has its registered office and headquarters in Bengaluru, Karnataka, India.

The company is currently focused on harnessing the power of cognitive computing, hyper-automation, robotics, cloud, analytics, and emerging technologies to help its clients adapt to the digital world and succeed.

Founded in 1945 by Muhammed Hasham Premji, WIPRO was formerly called Western Indian Palm Refined Oil Limited and manufactured vegetable and refined oils in Amalner, Maharashtra. In 1946, it came out with its Initial Public Offering.

The company shifted focus in 1966 when his son Azim Premji took over Wipro as the Chairman at 21. Sensing the opportunity in the Information Technology (IT) and computing industry, the company shifted towards this new sector at a nascent stage in India. In 1977, Wipro changed its name to Wipro Products Limited, and in 1982 to Wipro Limited. This year, it entered the IT products business and soon added multiple ventures focused on technology and manufacturing.

In 1988, the company diversified the product line into heavy-duty industrial cylinders and mobile hydraulic cylinders. A year later, in 1989, it set up a joint venture with General Electric in the USA, under the name Wipro GE Medical Systems Pvt Ltd, for the manufacture, sale and service of diagnostic and imaging products. The Joint Venture also has an OEM sourcing arrangement with Elpro International Ltd. for locally made x-ray products. In 1990, the joint venture became a subsidiary of the company.

In 2000, Wipro launched different personal computers and Information Technology segments while also being listed on the New York Stock Exchange (WIT). Today, the company has its primary focus on global information technology, consulting and business processes services while also operating in many IT and IT-enabled sectors.

Financials

WIPRO Share Dividends

With a consistent track record in growth and generating value for its investors, Wipro has consistently given dividends to its investors each year. Here is the history of dividends that Wipro has issued over the years. At the current share price of INR 601.80, its dividend yield is 0.17%.

Announcement Date	Ex-Date	Dividend Type	Dividend (%)	Dividend (Rs)
25-03-2022	05-04-2022	Interim	250	5.00
12-01-2022	21-01-2022	Interim	50	1.00
13-01-2021	22-01-2021	Interim	50	1.00
14-01-2020	24-01-2020	Interim	50	1.00
18-01-2019	29-01-2019	Interim	50	1.00
11-01-2018	31-01-2018	Interim	50	1.00
10-01-2017	02-02-2017	Interim	100	2.00
20-04-2016	11-07-2016	Final	50	1.00
06-01-2016	25-01-2016	Interim	250	5.00
21-04-2015	20-07-2015	Final	350	7.00
07-01-2015	22-01-2015	Interim	250	5.00
17-04-2014	21-07-2014	Final	250	5.00
13-01-2014	22-01-2014	Interim	150	3.00
19-04-2013	27-06-2013	Final	250	5.00
15-01-2013	23-01-2013	Interim	100	2.00
25-04-2012	28-06-2012	Final	200	4.00
10-01-2012	24-01-2012	Interim	100	2.00
27-04-2011	29-06-2011	Final	200	4.00
17-01-2011	27-01-2011	Interim	100	2.00
23-04-2010	15-06-2010	Final	300	6.00
22-04-2009	29-06-2009	Final	200	4.00
21-04-2008	27-06-2008	Final	200	4.00
10-10-2007	25-10-2007	Interim	100	2.00
20-04-2007	28-06-2007	Final	50	1.00
14-03-2007	26-03-2007	Interim	250	5.00
19-04-2006	29-06-2006	Final	250	5.00
22-04-2005	29-06-2005	Final	250	5.00
16-04-2004	06-05-2004	Final	1450	29.00
17-04-2003	01-07-2003	Final	50	1.00
19-04-2002	28-06-2002	Final	50	1.00
20-04-2001	18-06-2001	Final	25	0.50
26-04-2000	08-05-2000	Interim	15	0.30
25-05-1999	05-07-1999	Final	15	1.50
26-05-1998	01-06-1998	Final	15	1.50
05-08-1997	25-08-1997	Final	25	2.50
19-07-1996	23-08-1996	Final	25	2.50
18-07-1995	28-08-1995	Final	25	2.50
07-07-1994	15-08-1994	Final	25	2.50
10-07-1993	02-09-1993	Final	25	2.50
02-07-1992	21-08-1992	Final	25	2.50

WIPRO Share Bonus Issue

The last bonus that Wipro had announced was in 2019 in the ratio of 1:3. Below is the history of WIPRO's share splits that have happened over the years:

Announcement Date	Bonus Ratio	Record Date	Ex-Bonus Date
18-01-2019	1:3	07-03-2019	06-03-2019
25-04-2017	1:1	14-06-2017	13-06-2017
23-04-2010	2:3	16-06-2010	15-06-2010
22-04-2005	1:1	23-08-2005	22-08-2005
16-04-2004	2:1	28-06-2004	25-06-2004
13-09-1997	2:1	17-11-1997	20-10-1997
01-02-1995	1:1	30-11--0001	24-02-1995
30-07-1992	1:1	10-09-1992	12-08-1992
22-10-1989	1:1	-	-
15-11-1987	1:1	-	-
22-10-1985	1:1	-	-
22-10-1981	1:1	-	-
31-10-1971	1:3	-	-

WIPRO Share Split

WIPRO share has split from the face value of INR 10 to INR 2 in 1999. There has been no share splits after this date.

Announcement Date	Old FV	New FV	Ex-Split Date
30-04-1999	10	2	27-09-1999
30-10-1990	100	10	-

Wipro FAQs

What is Share Price of Wipro ?

Wipro share price is ₹420 As on 12 December, 2023 | 02:33

What is the Market Cap of Wipro ?

The Market Cap of Wipro is ₹219708.6 Cr As on 12 December, 2023 | 02:33

What is the P/E ratio of Wipro ?

The P/E ratio of Wipro is 18.9 As on 12 December, 2023 | 02:33

What is the PB ratio of Wipro ?

The PB ratio of Wipro is 2.8 As on 12 December, 2023 | 02:33

What is the CAGR of Wipro?

Wipro's 10 Years CAGR stands at 17%, 5 Years at 31%, 3 Years at 41%, and 1 Year at 86%.

Is Wipro a zero-debt company?

Wipro's debt stood at INR115.5 billion at the end of June 2021, up from INR74.2 billion the previous year. However, it also has INR 307.7 billion in cash to offset this, giving it a net cash position of INR 192.2 billion.

Is Wipro share Over Valued?

Wipro has a trailing 12-month operating revenue of INR 70,051.70 Cr. Annual revenue growth of 1% is not impressive, but the pre-tax margin of 22% is impressive, and the ROE of 19% is exceptional. Wipro has a reasonable debt to equity ratio of 1%, indicating a healthy balance sheet. The fact that institutional holdings increased in the most recent quarter is a good sign.

Who is the CEO of Wipro?

Thierry Delaporte is Chief Executive Officer and Managing Director of Wipro Limited.

How many times Wipro has given a bonus?

Since June 25, 2004, Wipro Ltd has given five bonuses. The most recent bonus announced by Wipro Ltd was in the ratio of 1:3 with an ex-date of March 6, 2019.

Who is the founder of Wipro?

WIRPO was founded in 1945 by Muhammed Hasham Premji and was formerly called Western Indian Palm Refined Oil Limited. The company was a vegetable and refined oils manufacturer in Amalner, Maharashtra, and still retains that business while shifting focus to Information Technology.

Wipro Performance

Day Range

Low 417.25
High 422.20

₹ 420.6

52 Week Range

Low 352.00
High 443.75

₹ 420.6

Open Price420.00
Previous Close422.60
Volume5042121

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Wipro Key Statistics

P/E Ratio	18.9
PEG Ratio	5.8
Market Cap Cr	219,709
Price to Book Ratio	2.8
EPS	17.6
Dividend	0.2
Relative Strength Index	66.51
Money Flow Index	62.07
MACD Signal	4.1
Average True Range	7.14