Wipro Limited

BMV:WIT N Stock Report

Market Cap: Mex$526.2b

Wipro Past Earnings Performance

Past criteria checks 2/6

Wipro has been growing earnings at an average annual rate of 5.8%, while the IT industry saw earnings growing at 15.7% annually. Revenues have been growing at an average rate of 11.3% per year. Wipro's return on equity is 16.2%, and it has net margins of 12.4%.

Key information

5.80%

Earnings growth rate

8.06%

EPS growth rate

IT Industry Growth12.91%
Revenue growth rate11.31%
Return on equity16.22%
Net Margin12.44%
Last Earnings Update31 Dec 2023

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How Wipro makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

BMV:WIT N Revenue, expenses and earnings (INR Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Dec 23907,423112,851124,2390
30 Sep 23917,662116,438129,3830
30 Jun 23917,900116,565127,8190
31 Mar 23904,876113,500124,1780
31 Dec 22881,573113,628118,3240
30 Sep 22852,419112,789111,5760
30 Jun 22823,696115,506106,6000
31 Mar 22790,934122,191101,3170
31 Dec 21744,788121,03993,2570
30 Sep 21698,352121,01686,3730
30 Jun 21652,823116,36579,0160
31 Mar 21619,430107,94675,2640
31 Dec 20614,086101,48574,6940
30 Sep 20612,09196,37674,0800
30 Jun 20612,20297,24673,4530
31 Mar 20610,23297,21872,7300
31 Dec 19603,18598,79167,2760
30 Sep 19599,07599,33666,7790
30 Jun 19593,22992,69974,1330
31 Mar 19585,84590,03175,3200
31 Dec 18573,46883,22682,3810
30 Sep 18559,56377,49485,4160
30 Jun 18548,38780,52277,8580
31 Mar 18544,87180,08175,8470
31 Dec 17547,06084,66471,4730
30 Sep 17547,24886,38768,2450
30 Jun 17550,67185,14269,4520
31 Mar 17550,40284,89569,7820
31 Dec 16546,85184,66470,5140
30 Sep 16538,57885,93968,0900
30 Jun 16526,05687,67665,5260
31 Mar 16512,44089,07562,7230
31 Dec 15497,53489,41560,4930
30 Sep 15488,85888,97459,0300
30 Jun 15480,56187,41357,6680
31 Mar 15469,54386,52856,3410
31 Dec 14464,58186,07255,4600
30 Sep 14457,36584,29155,0450
30 Jun 14448,28182,76552,6690
31 Mar 14434,19077,96752,7860
31 Dec 13412,46771,46750,3750
30 Sep 13394,88967,21148,6960
30 Jun 13379,32662,93046,4650
31 Mar 13374,25661,34746,2450

Quality Earnings: WIT N has high quality earnings.

Growing Profit Margin: WIT N's current net profit margins (12.4%) are lower than last year (12.9%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: WIT N's earnings have grown by 5.8% per year over the past 5 years.

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

Earnings vs Industry: WIT N had negative earnings growth (-0.7%) over the past year, making it difficult to compare to the IT industry average (11.7%).

Return on Equity

High ROE: WIT N's Return on Equity (16.2%) is considered low.

Return on Assets

Return on Capital Employed

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/01/16 14:48
End of Day Share Price 2023/10/19 00:00
Earnings2023/12/31
Annual Earnings2023/03/31

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 87 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
Nitin BhasinAmbit Capital
Ashwin MehtaAmbit Capital
Sushovon NayakAnand Rathi Shares and Stock Brokers Limited