BSE:507685

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Executive Summary

Wipro Limited operates as an information technology (IT), consulting, and business process services (BPS) company worldwide. More Details


Snowflake Analysis

Flawless balance sheet with questionable track record.


Similar Companies

Share Price & News

How has Wipro's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 507685 is less volatile than 75% of Indian stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: 507685's weekly volatility (5%) has been stable over the past year.


Market Performance


7 Day Return

2.9%

507685

2.6%

IN IT

3.0%

IN Market


1 Year Return

49.7%

507685

41.0%

IN IT

13.5%

IN Market

Return vs Industry: 507685 exceeded the Indian IT industry which returned 40.2% over the past year.

Return vs Market: 507685 exceeded the Indian Market which returned 11.8% over the past year.


Shareholder returns

507685IndustryMarket
7 Day2.9%2.6%3.0%
30 Day5.2%4.1%12.9%
90 Day30.7%21.9%16.1%
1 Year50.3%49.7%43.7%41.0%15.6%13.5%
3 Year71.5%69.8%109.1%96.9%10.0%4.6%
5 Year74.3%69.9%131.6%109.4%65.2%52.7%

Long-Term Price Volatility Vs. Market

How volatile is Wipro's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Wipro undervalued compared to its fair value and its price relative to the market?

21.31x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: 507685 (₹360.75) is trading above our estimate of fair value (₹147.29)

Significantly Below Fair Value: 507685 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 507685 is poor value based on its PE Ratio (21.3x) compared to the IN IT industry average (19.5x).

PE vs Market: 507685 is poor value based on its PE Ratio (21.3x) compared to the Indian market (17.5x).


Price to Earnings Growth Ratio

PEG Ratio: 507685 is poor value based on its PEG Ratio (3.2x)


Price to Book Ratio

PB vs Industry: 507685 is overvalued based on its PB Ratio (3.4x) compared to the IN IT industry average (1.3x).


Next Steps

Future Growth

How is Wipro forecast to perform in the next 1 to 3 years based on estimates from 34 analysts?

6.6%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 507685's forecast earnings growth (6.6% per year) is below the savings rate (7.2%).

Earnings vs Market: 507685's earnings (6.6% per year) are forecast to grow slower than the Indian market (24.4% per year).

High Growth Earnings: 507685's earnings are forecast to grow, but not significantly.

Revenue vs Market: 507685's revenue (6.3% per year) is forecast to grow slower than the Indian market (11.6% per year).

High Growth Revenue: 507685's revenue (6.3% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 507685's Return on Equity is forecast to be low in 3 years time (16.6%).


Next Steps

Past Performance

How has Wipro performed over the past 5 years?

2.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 507685 has high quality earnings.

Growing Profit Margin: 507685's current net profit margins (15.7%) are lower than last year (16.6%).


Past Earnings Growth Analysis

Earnings Trend: 507685's earnings have grown by 2.4% per year over the past 5 years.

Accelerating Growth: 507685's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 507685 had negative earnings growth (-3%) over the past year, making it difficult to compare to the IT industry average (-3.6%).


Return on Equity

High ROE: 507685's Return on Equity (15.8%) is considered low.


Next Steps

Financial Health

How is Wipro's financial position?


Financial Position Analysis

Short Term Liabilities: 507685's short term assets (₹579.2B) exceed its short term liabilities (₹225.7B).

Long Term Liabilities: 507685's short term assets (₹579.2B) exceed its long term liabilities (₹35.8B).


Debt to Equity History and Analysis

Debt Level: 507685's debt to equity ratio (12.1%) is considered satisfactory.

Reducing Debt: 507685's debt to equity ratio has reduced from 21.2% to 12.1% over the past 5 years.

Debt Coverage: 507685's debt is well covered by operating cash flow (175.2%).

Interest Coverage: 507685 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


Next Steps

Dividend

What is Wipro current dividend yield, its reliability and sustainability?

0.28%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 507685's dividend (0.28%) isn’t notable compared to the bottom 25% of dividend payers in the Indian market (0.51%).

High Dividend: 507685's dividend (0.28%) is low compared to the top 25% of dividend payers in the Indian market (2.04%).


Stability and Growth of Payments

Stable Dividend: 507685's dividend payments have been volatile in the past 10 years.

Growing Dividend: 507685's dividend payments have fallen over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: Unable to calculate sustainability of dividends as 507685 has not reported any payouts.


Future Payout to Shareholders

Future Dividend Coverage: 507685's dividends in 3 years are forecast to be well covered by earnings (18.8% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

2.8yrs

Average management tenure


CEO

Wipro has no CEO, or we have no data on them.


Leadership Team

NamePositionTenureCompensationOwnership
Rishad Azim Premji
Executive Chairman1.42yrs₹51.53m0.031%
₹ 626.0m
B. Bhanumurthy
President & COO4.83yrs₹52.08m0.0053%
₹ 109.7m
Saurabh Govil
President & Chief Human Resources Officer4.67yrs₹44.36m0.0025%
₹ 51.1m
Jatin Dalal
President & CFO0.92yr₹44.48m0.0011%
₹ 23.0m
K. Sanjiv
Chief Technology Officerno data₹27.78m0.00054%
₹ 11.1m
Deepak Acharya
General Counsel & Global Head of Legal2.83yrs₹29.22m0.00054%
₹ 11.1m
Anand Padmanabhan
President of Business Development & Strategic Salesno data₹61.33m0.0034%
₹ 70.3m
Sunita Cherian
Senior Vice President of Human Resourcesno data₹22.45m0.00068%
₹ 13.9m
Keyur Maniar
Senior Vice Presidentno data₹20.19m0%
₹ 0
Kumudha Sridharan
Senior Vice Presidentno data₹22.93m0.0034%
₹ 69.1m
Ramesh Nagarajan
Senior Vice President of Cloud Servicesno data₹27.88m0.0026%
₹ 53.9m
Raja Ukil
Senior VP and Global Head of Cyber Security & Risk Servicesno data₹20.27m0.0026%
₹ 52.7m

2.8yrs

Average Tenure

52.5yo

Average Age

Experienced Management: 507685's management team is considered experienced (2.8 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Rishad Azim Premji
Executive Chairman1.42yrs₹51.53m0.031%
₹ 626.0m
Thierry Delaporte
MD, CEO & Director0.42yrno datano data
Deepak Satwalekar
Independent Director0.42yrno datano data
Azim Premji
Non-Executive Non-Independent Founder Chairman1.42yrs₹17.62m4.22%
₹ 86.5b
William Owens
Independent Non-Executive Director14.42yrs₹400.00kno data
Patrick Ennis
Independent Non-Executive Director4.67yrs₹400.00kno data
Mahendra Sharma
Lead Independent Non-Executive Director1.33yrs₹500.00kno data
Patrick Lucien Dupuis
Independent Non-Executive Director4.67yrs₹400.00kno data
Ireena Vittal
Independent Non-Executive Director7.17yrs₹500.00kno data

1.4yrs

Average Tenure

57yo

Average Age

Experienced Board: 507685's board of directors are not considered experienced ( 1.4 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: 507685 insiders have only sold shares in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Wipro Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Wipro Limited
  • Ticker: 507685
  • Exchange: BSE
  • Founded: 1945
  • Industry: IT Consulting and Other Services
  • Sector: Software
  • Market Cap: ₹2.050t
  • Shares outstanding: 5.69b
  • Website: https://www.wipro.com

Number of Employees


Location

  • Wipro Limited
  • Doddakannelli
  • Sarjapur Road
  • Bengaluru
  • Karnataka
  • 560035
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
507685BSE (Mumbai Stock Exchange)YesEquity SharesININRJan 1991
WIPRONSEI (National Stock Exchange of India)YesEquity SharesININRJan 1991
WITNYSE (New York Stock Exchange)SPON ADR EACH REP 1 ORD SHS INR2USUSDOct 2000
WIOADB (Deutsche Boerse AG)SPON ADR EACH REP 1 ORD SHS INR2DEEUROct 2000
WIT NBMV (Bolsa Mexicana de Valores)SPON ADR EACH REP 1 ORD SHS INR2MXMXNOct 2000
WIOAWBAG (Wiener Boerse AG)SPON ADR EACH REP 1 ORD SHS INR2ATEUROct 2000

Biography

Wipro Limited operates as an information technology (IT), consulting, and business process services (BPS) company worldwide. It operates in three segments: IT Services, IT Products, and India State Run Ent...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/12/04 12:10
End of Day Share Price2020/12/04 00:00
Earnings2020/09/30
Annual Earnings2020/03/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.