Wipro Limited

BSE:507685 Stock Report

Market Cap: ₹2.0t

Wipro Future Growth

Future criteria checks 0/6

Wipro is forecast to grow earnings and revenue by 5.4% and 4.5% per annum respectively. EPS is expected to grow by 6.4% per annum. Return on equity is forecast to be 17% in 3 years.

Key information

5.4%

Earnings growth rate

6.42%

EPS growth rate

IT earnings growth8.6%
Revenue growth rate4.5%
Future return on equity16.98%
Analyst coverage

Good

Last updated15 May 2026

Recent future growth updates

Recent updates

Narrative Update • May 01

507685: AI Native Platforms And Buyback Plans Will Shape Measured Future Upside

Wipro's analyst price target has shifted from ₹221.95 to ₹209.78. Analysts link the change to updated assumptions around the discount rate, revenue growth, profit margin, and future P/E expectations.
Narrative Update • Apr 13

507685: AI Native Platforms And Global Hubs Will Shape Measured Future Upside

Analysts have reduced their price target on Wipro from ₹242.17 to ₹221.95. This reflects updated views on slightly lower profit margins and P/E assumptions, along with revised expectations for growth and discount rates.
Narrative Update • Mar 29

507685: AI Operating Model And New AI Hubs Will Drive Future Upside

Analysts now see Wipro's fair value at about ₹242, down from roughly ₹252. The adjustment is mainly tied to slightly softer future P/E assumptions, while revenue growth and profit margin expectations are kept broadly in line.
New Narrative • Mar 16

AI Adoption And Vendor Consolidation Will Drive Stronger Long Term Earnings Quality

Catalysts About Wipro Wipro is a global IT services and consulting company that provides technology, engineering and business process solutions to clients across multiple industries and regions. What are the underlying business or industry changes driving this perspective?
Narrative Update • Mar 14

507685: AI Operating Model And Engineering Agents Will Support Future Upside Outlook

Analysts have trimmed their price target on Wipro from about ₹259 to about ₹252, reflecting slightly higher discount rates and a modestly lower assumed future P/E multiple, while keeping revenue growth and profit margin expectations broadly in line with prior views. What's in the News Wipro signed a multi year business and technology modernization contract for TruStage’s retirement services business, covering core operations, technology stack and an integrated global operating model for vendor management (Client announcement).
New Narrative • Mar 02

AI Adoption And Margin Pressures Will Shape A Balanced Long Term Outlook

Catalysts About Wipro Wipro is a global IT services and consulting company that provides technology, engineering and business process services across multiple sectors and regions. What are the underlying business or industry changes driving this perspective?
Narrative Update • Feb 28

507685: AI Operating Model And Agent Native Partnership Will Support Upside Outlook

Analysts have nudged their price target on Wipro higher to about ₹259 from roughly ₹254, citing updated assumptions around revenue growth, profit margins, discount rate and future P/E that slightly adjust their valuation framework. What's in the News Wipro is launching a new operating model for enterprise functions that combines advisory services, AI and transformation capabilities across People & Change, Supply Chain & Operations, Finance Transformation, and Sales, Marketing & Customer Experience, using its Wipro Intelligence suite to apply AI across client engagements (Key Developments).
Narrative Update • Dec 15

507685: AI Partnerships And Self-Funded IT Overhaul Will Shape Balanced Outlook

Analysts have nudged their price target for Wipro slightly higher to about ₹254 per share, reflecting modestly improved assumptions for revenue growth, profit margins, and future valuation multiples. What's in the News Signed a multi-year engagement with Odido Netherlands B.V. to modernize its IT landscape using AI, boost customer experience, and run the program via a self-funded, productivity-savings model (Client Announcements).
Narrative Update • Nov 30

507685: AI-Driven Cybersecurity Services And Partnerships Will Shape Balanced Outlook

Wipro's analyst price target has seen a modest increase from ₹253.07 to ₹253.60, as analysts cited minor improvements in growth expectations and profitability forecasts. What's in the News Wipro announced a multi-year engagement with Odido Netherlands to modernize IT systems, enhance customer experience, and drive innovation through a self-funded model.
Narrative Update • Nov 16

507685: Partnerships And AI Integration Will Drive Efficiency Gains Amid Measured Outlook

Analysts have slightly increased their price target for Wipro from ₹252.98 to ₹253.07, citing minor adjustments in expected revenue growth, profit margin, and discount rate in their updated outlook. What's in the News Wipro signed a multi-year strategic agreement with HanesBrands Inc.
Narrative Update • Nov 01

507685: AI-Led Cloud And Security Deals Will Shape Future Prospects

Wipro's analyst price target has seen a slight downward revision from ₹254.33 to ₹252.98 as analysts factor in minor adjustments to discount rate, revenue growth, and profit margin expectations. What's in the News Wipro signed a multi-year strategic agreement with HanesBrands Inc.
Narrative Update • Oct 17

AI And BFSI Trends Will Unlock Global Opportunities

Analysts have slightly lowered their price target for Wipro, adjusting it from ₹256.79 to ₹254.33 as updated estimates reflect a modest shift in valuation metrics. What's in the News Wipro will hold a Board Meeting on October 15, 2025 at 16:10 IST (Board Meeting) A second Board Meeting is scheduled for October 16, 2025 to consider and approve condensed audited consolidated financial results under IFRS for the quarter and half-year ended September 30, 2025 (Board Meeting) Wipro announced an expanded partnership with CrowdStrike to launch Wipro CyberShield MDR, an AI-powered managed security service for enterprise security operations (Client Announcements) Simbian and Wipro entered a strategic partnership to enhance AI-powered managed security services, including Wipro Ventures investing in Simbian and integration of Simbian's autonomous AI SOC Agent (Client Announcements) Wipro successfully completed a large-scale cloud ERP transformation for AusNet, using RISE with SAP S/4HANA Cloud Private Edition, improving operational efficiency and setting a new benchmark for complex utilities projects (Client Announcements) Wipro secured a multi-year contract with Saudi Electric Company National Grid SA to implement a Smart Meter Data Management system aimed at modernizing infrastructure and optimizing operational costs (Client Announcements) Valuation Changes Consensus Analyst Price Target has been reduced slightly, from ₹256.79 to ₹254.33.
Narrative Update • Oct 03

AI And BFSI Trends Will Unlock Global Opportunities

Analysts have revised their price target for Wipro downward from ₹261.07 to ₹256.79. This change reflects modest adjustments in revenue growth and profit margin projections.
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New Narrative • Nov 07

Driving Growth With AI And Tactical Synergies Amid Market Challenges

Strategic focus on large accounts and consulting-led AI solutions positions Wipro for potential revenue and margin growth.

Earnings and Revenue Growth Forecasts

BSE:507685 - Analysts future estimates and past financials data (INR Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
3/31/20291,064,255153,040153,800180,66417
3/31/20281,032,448145,615148,071180,15339
3/31/2027992,150138,939132,565167,87940
3/31/2026926,240131,974133,713149,316N/A
12/31/2025908,919132,652137,393155,050N/A
9/30/2025896,549135,000145,935161,769N/A
6/30/2025892,592134,626155,726170,586N/A
3/31/2025890,884131,354154,689169,426N/A
12/31/2024887,925124,004172,030184,140N/A
9/30/2024886,788117,408171,375182,718N/A
6/30/2024888,931111,783167,742178,662N/A
3/31/2024897,603110,452165,706176,216N/A
12/31/2023907,423112,851152,058161,335N/A
9/30/2023917,662116,438146,673156,954N/A
6/30/2023917,900116,565154,149166,330N/A
3/31/2023904,876113,500115,767130,601N/A
12/31/2022881,573113,628100,611116,618N/A
9/30/2022852,419112,78984,623103,174N/A
6/30/2022823,696115,50658,66679,051N/A
3/31/2022790,934122,19190,644110,797N/A
12/31/2021744,788121,03982,689104,765N/A
9/30/2021698,352121,01697,459119,022N/A
6/30/2021652,823116,365119,318139,268N/A
3/31/2021619,430107,946127,973147,550N/A
12/31/2020614,086101,485124,912144,338N/A
9/30/2020612,09196,376110,017130,579N/A
6/30/2020612,20297,24691,408113,702N/A
3/31/2020610,23297,21877,146100,643N/A
12/31/2019603,18598,791N/A119,837N/A
9/30/2019599,07599,336N/A124,928N/A
6/30/2019593,22992,699N/A116,259N/A
3/31/2019585,84590,031N/A116,316N/A
12/31/2018573,46883,226N/A90,559N/A
9/30/2018559,56377,494N/A84,730N/A
6/30/2018548,38780,522N/A83,486N/A
3/31/2018544,87180,081N/A84,233N/A
12/31/2017547,06084,664N/A102,311N/A
9/30/2017547,24886,387N/A98,869N/A
6/30/2017550,67185,142N/A107,894N/A
3/31/2017550,40284,895N/A92,773N/A
12/31/2016546,85184,664N/A86,182N/A
9/30/2016538,57885,939N/A82,054N/A
6/30/2016526,05687,676N/A71,314N/A
3/31/2016512,44089,075N/A78,873N/A
12/31/2015497,53489,415N/A85,404N/A
9/30/2015488,85888,974N/A80,387N/A
6/30/2015480,56187,413N/A78,593N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: 507685's forecast earnings growth (5.4% per year) is below the savings rate (6.9%).

Earnings vs Market: 507685's earnings (5.4% per year) are forecast to grow slower than the Indian market (16.5% per year).

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

Revenue vs Market: 507685's revenue (4.5% per year) is forecast to grow slower than the Indian market (10.8% per year).

High Growth Revenue: 507685's revenue (4.5% 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 (17%).

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/17 06:51
End of Day Share Price 2026/05/15 00:00
Earnings2026/03/31
Annual Earnings2026/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Wipro Limited is covered by 67 analysts. 40 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
null null360 ONE Capital Market Private Limited
Pulkit Chawla360 ONE Capital Market Private Limited
Ashwin MehtaAmbit Capital