Wipro Ltd

Wipro Ltd

₹ 463 0.34%
18 May - close price
About

Wipro Ltd is a global Information technology, consulting and business process services (BPS) company.[1]

It is the 4th largest Indian player in the global IT services industry behind TCS, Infosys and HCL Technologies.[2]

Key Points

IT Services Segment (~97% of revenues)[1]
The company's IT services offerings are organized through two global business lines :-

  • Market Cap 2,41,800 Cr.
  • Current Price 463
  • High / Low 546 / 375
  • Stock P/E 26.5
  • Book Value 111
  • Dividend Yield 0.22 %
  • ROCE 20.1 %
  • ROE 15.1 %
  • Face Value 2.00

Pros

  • Company is almost debt free.

Cons

  • The company has delivered a poor sales growth of 6.78% over past five years.
  • Working capital days have increased from 87.3 days to 180 days

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Loading peers table ...

Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
13,260 13,990 14,720 15,279 15,586 16,256 16,942 17,079 17,477 17,203 16,681 16,316 16,593
9,681 11,066 11,652 12,131 12,314 13,161 13,899 13,942 14,619 13,936 13,940 13,533 13,700
Operating Profit 3,579 2,924 3,068 3,148 3,271 3,095 3,043 3,137 2,859 3,267 2,740 2,783 2,893
OPM % 27% 21% 21% 21% 21% 19% 18% 18% 16% 19% 16% 17% 17%
533 382 529 463 3,333 390 453 672 842 736 684 593 1,032
Interest 88 43 105 100 119 146 135 174 174 205 206 203 206
Depreciation 343 355 358 378 395 395 405 408 384 377 371 370 374
Profit before tax 3,681 2,907 3,135 3,133 6,090 2,944 2,956 3,227 3,142 3,421 2,848 2,804 3,345
Tax % 18% 38% 24% 21% 10% 25% 23% 25% 28% 24% 28% 28% 27%
3,013 1,804 2,387 2,465 5,479 2,217 2,283 2,413 2,264 2,588 2,061 2,023 2,447
EPS in Rs 5.50 3.29 4.36 4.50 9.99 4.04 4.16 4.40 4.13 4.71 3.95 3.87 4.68
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
33,226 38,757 41,210 44,681 46,048 44,710 48,124 50,407 50,299 59,574 67,753 66,792
26,293 29,649 32,010 35,372 36,491 35,756 39,363 40,200 38,246 47,163 55,618 55,109
Operating Profit 6,934 9,108 9,199 9,309 9,557 8,954 8,761 10,207 12,054 12,411 12,136 11,683
OPM % 21% 24% 22% 21% 21% 20% 18% 20% 24% 21% 18% 17%
1,325 1,611 2,499 2,711 2,646 2,480 2,569 2,477 2,383 4,706 2,354 3,046
Interest 352 375 363 550 468 384 525 535 403 367 629 820
Depreciation 701 737 778 875 1,048 1,015 934 1,141 1,349 1,486 1,592 1,492
Profit before tax 7,205 9,608 10,557 10,594 10,687 10,034 9,870 11,008 12,685 15,264 12,269 12,418
Tax % 22% 23% 22% 23% 24% 23% 23% 21% 21% 20% 25% 27%
5,650 7,387 8,193 8,200 8,162 7,723 7,614 8,681 10,061 12,135 9,177 9,119
EPS in Rs 8.60 11.23 12.44 12.45 12.59 12.80 12.62 15.19 18.36 22.14 16.72 17.45
Dividend Payout % 31% 27% 36% 18% 6% 6% 8% 7% 5% 27% 6% 6%
Compounded Sales Growth
10 Years: 6%
5 Years: 7%
3 Years: 10%
TTM: -1%
Compounded Profit Growth
10 Years: 2%
5 Years: 4%
3 Years: -3%
TTM: -1%
Stock Price CAGR
10 Years: 10%
5 Years: 10%
3 Years: -3%
1 Year: 20%
Return on Equity
10 Years: 19%
5 Years: 19%
3 Years: 18%
Last Year: 15%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity Capital 493 493 494 494 486 905 1,207 1,143 1,096 1,096 1,098 1,045
Reserves 23,737 28,863 34,128 40,732 46,220 41,358 48,185 45,311 44,146 53,254 61,665 56,737
6,095 4,583 6,103 6,813 6,310 5,803 5,128 5,958 6,925 8,804 6,359 5,100
10,329 11,660 12,628 9,990 10,002 10,560 12,468 12,895 13,523 17,228 16,119 18,767
Total Liabilities 40,654 45,599 53,352 58,028 63,018 58,625 66,988 65,306 65,689 80,383 85,241 81,649
3,909 3,975 4,038 4,068 4,362 4,367 4,401 6,639 7,288 8,038 8,825 7,860
CWIP 379 275 361 325 694 1,291 2,113 1,874 1,848 1,584 604 670
Investments 10,904 11,036 10,768 26,201 35,146 30,683 30,249 26,698 25,702 40,631 49,085 50,824
25,461 30,313 38,184 27,435 22,815 22,285 30,225 30,095 30,851 30,130 26,727 22,295
Total Assets 40,654 45,599 53,352 58,028 63,018 58,625 66,988 65,306 65,689 80,383 85,241 81,649

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
6,119 6,589 7,704 6,687 7,371 6,471 10,210 9,068 12,728 7,240 11,192 14,216
-3,546 254 -1,480 -9,774 -7,984 5,008 -347 3,219 -1,283 -12,620 -4,759 2,237
-1,006 -4,089 -1,836 -3,490 -4,368 -12,918 -1,395 -12,233 -12,106 495 -6,804 -17,159
Net Cash Flow 1,568 2,754 4,388 -6,577 -4,981 -1,440 8,468 54 -661 -4,885 -371 -706

Ratios

Standalone Figures in Rs. Crores / View Consolidated

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 93 81 72 69 64 78 69 67 58 57 54 47
Inventory Days 44 33 69 74 55
Days Payable 670 785 821 612 593
Cash Conversion Cycle -533 -671 -681 -469 -473 78 69 67 58 57 54 47
Working Capital Days 26 45 58 49 57 44 32 37 45 47 35 180
ROCE % 24% 31% 28% 25% 22% 21% 20% 22% 25% 27% 20%

Shareholding Pattern

Numbers in percentages

Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
73.02% 73.02% 73.01% 73.00% 73.00% 72.96% 72.94% 72.92% 72.91% 72.93% 72.90% 72.89%
9.83% 9.69% 9.34% 8.12% 6.95% 6.58% 6.30% 6.38% 6.32% 6.47% 6.70% 6.96%
5.69% 2.05% 2.77% 3.24% 3.43% 7.96% 7.84% 8.01% 7.56% 8.03% 8.13% 8.28%
11.11% 14.92% 14.59% 15.37% 16.36% 12.29% 12.73% 12.51% 13.05% 12.43% 12.16% 11.76%
0.34% 0.32% 0.29% 0.27% 0.25% 0.21% 0.19% 0.18% 0.16% 0.14% 0.13% 0.11%
No. of Shareholders 8,70,32811,40,89313,18,77519,34,98624,01,89426,70,78527,65,51326,91,32927,79,43625,93,08725,21,36123,97,648

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents

Concalls