W

Wipro Limited

WIPRONSE
Market snapshot · 2026-08-11 09:39 UTC

183.88

₹-1.62 (-0.87%)

MARKET CAP

₹1.82L Cr

STOCK P/E

14.8x

52W HIGH

₹273.10

52W LOW

₹169.00

BOOK VALUE

₹78.32

EPS

₹12.45

ROE

16.13%

SECTOR

Information Technology

DEBT/EQUITY

27.40

VOLUME

87.01L

P/B RATIO

2.35x

PEG RATIO

1.55

Sector

Information Technology

Themes

IT Services & ConsultingCloud ComputingTop 20 Investors in India Portfolio
D
Dividend
E
Earnings
₹259.27₹237.71₹216.14₹194.58₹173.02VolumeEEDEEDAug '25Sep '25Nov '25Jan '26Mar '26Apr '26Jun '26Aug '26

AI Summary

✦ Clartha

Wipro is an information technology, consulting, and business process services company, operating through IT Services and IT Products. IT Services drives revenue through cloud and infrastructure, application development, systems integration, analytics, and business-process services for enterprises. Its Rubrik collaboration adds an AI-driven cyber-resilience offering, potentially supporting demand in cloud, security, and data-protection engagements. Revenue grew 4.0% year-on-year, while profit increased only 0.5%, indicating declining margins and limited earnings conversion. ROE is 16.1%, but debt/equity of 27.4 indicates substantial leverage amplifies shareholder returns and financial risk. At 14.9 times earnings, Wipro appears discounted versus many established IT-services peers, though the valuation partly reflects slower profit growth. The investment case depends on whether AI-led offerings and improving IT sentiment can reverse margin compression.

Forecast

Analyst targets, estimate history, and probabilistic forward ranges for WIPRO.

40.00 analysts

Price Forecast

Current
₹183.88
High Target
₹226.00
▲ +22.9%
Median Target
₹175.00
▼ -4.8%
Low Target
₹150.00
▼ -18.4%
Now₹183.88High ₹226.00Median ₹175.00Low ₹150.00Aug '25Now12M Target
Price history (1Y)
Analyst target range
40 analysts

Probabilistic Range

Probabilistic lognormal cone using 1Y realized volatility and analyst-target drift when available.

Time horizonRange ()Probability
3M₹150.62 - ₹208.1980%
6M₹135.65 - ₹214.4080%
12M₹114.43 - ₹218.6180%
Realized vol: +25.3% · Drift: -11.9%

Revenue Forecast

₹ Cr
Mar '26Current₹18,363.0
Sep 2026 ETrend estimate range
High₹20,198.9Base₹18,702.7Low₹17,206.5
Jun '25: ₹17,195.0 · Sep '25: ₹17,770.0 · Dec '25: ₹18,017.0 · Mar '26: ₹18,363.0 · Sep '26: ₹18,702.7 · Dec '26: ₹18,962.7
Jun '25Sep '25Dec '25Mar '26Sep '26 EDec '26 E17,195.017,770.018,017.018,363.018,702.718,962.7
PastCurrentTrend estimate: Low / Base / High

EPS Forecast

₹ / share
Mar '26Current₹2.90
Sep 2026 ETrend estimate range
High₹2.77Base₹2.47Low₹2.18
Jun '25: ₹3.53 · Sep '25: ₹2.50 · Dec '25: ₹2.66 · Mar '26: ₹2.90 · Sep '26: ₹2.47 · Dec '26: ₹2.63
Jun '25Sep '25Dec '25Mar '26Sep '26 EDec '26 E3.532.502.662.902.472.63
PastCurrentTrend estimate: Low / Base / High
Market Intelligence

Multi-factor synthesis of 5 key dimensions

Overall Outlook
Neutral
60%
Analyst Consensus
Weakening

From 40 analysts

Mean upside-3.3%

Fundamentals

Moderate

Fundamentals institutional score is 66 using EVA spread proxy 4.1%; growth durability 53.1.

Valuation

Attractive relative to peers

Valuation institutional score is 94 using relative multiple z-scores where peer dispersion is available.

Analyst Consensus

Weakening

Analyst View institutional score is 25 using mean target upside -3.3%; dispersion penalty 17.1; recommendation breadth from available consensus.

Technical Structure

Mixed Momentum

Technicals institutional score is 65 using EMA-20 continuation within 5% tolerance; VCP range/volume contraction proxy.

Market Sentiment

Neutral backdrop

Recent news flow is balanced or not decisive enough to tilt the tape. Based on 10 recent ticker-linked news items.

Signal Summary

Market intelligence remains Neutral. fundamentals and valuation provide support, while analyst consensus and market sentiment remain considerations.

Composite weights: Fundamentals 25%, Valuation 20%, Analyst Consensus 20%, Technical Structure 20%, Market Sentiment 15%.

Fundamentals ModerateValuation Attractive relative to peersAnalyst Consensus WeakeningTechnical Structure Mixed MomentumMarket Sentiment Neutral backdrop

Key Data Points

Mean Target Price177.8 target
Mean Upside-3.3%
Technical Score65%
Fundamental Score67%
Data CoverageHigh

Important Note: This is market intelligence, not investment advice. Always conduct your own research and consider your financial goals and risk tolerance.

Valuation Metrics

Trading 19.1% below historical median. Valuation is declining — currently in the strongly undervalued zone (z-score: -1.34). Confidence: 87%.

Live forward EPS implies next-12-month EPS of ₹13.90. Applying the stock's normalized valuation corridor produces a fair range of ₹223.23 to ₹275.78, with base value near ₹256.32 (+38.2% vs current price).

Forward Valuation Outlook

Live forward estimate anchored to the company's historical valuation corridor.

Below normalized range

Forward EPS

₹13.90

Forward P/E

13.3x

Base Fair Value

₹256.32

Fair Range

₹223.23 - ₹275.78

Upside To Base

+38.2%

Estimate Source

Live forward EPS

Growth Estimate

+0.9%

P/E
Strongly Undervalued

5Y Average

17.72

Current

14.91

Overvalued

19.84

Undervalued

16.06

P/S
Strongly Undervalued

5Y Average

2.32

Current

1.93

Overvalued

2.67

Undervalued

1.97

EV/EBITDA
Strongly Undervalued

5Y Average

11.38

Current

9.46

Overvalued

12.75

Undervalued

9.57

Peers & Comparison

Sector: Information Technology · Theme: IT Services & Consulting

IT Services & Consulting Peers6 peers
Avg P/E: 24.1x
CompanyRev. GrowthMarginP/Evs Avg52W Perf.
TATA CONSULTANCY SERV LT
TCSIT Services & Consulting
+13.9%18.1%
17.9x
Undervalued
-26% vs avg
-20.1%
INFOSYS LIMITED
INFYIT Services & Consulting
+2.9%16.4%
15.3x
Undervalued
-37% vs avg
-16.9%
TECH MAHINDRA LIMITED
TECHMIT Services & Consulting
+17.7%8.7%
28.4x
Premium
+18% vs avg
+10.4%
MPHASIS LIMITED
MPHASISIT Services & Consulting
+17.5%11.6%
24.9x
Fair
+3% vs avg
-6.1%
HCL TECHNOLOGIES LTD
HCLTECHIT Services & Consulting
+3.0%13.0%
21.2x
Fair
-12% vs avg
-8.8%
COFORGE LIMITED
COFORGEIT Services & Consulting
+49.9%9.6%
36.6x
Premium
+52% vs avg
+12.2%
WHY THESE PEERS

WIPRO LTD trades at a discount (14.8x vs peer avg 24.1x), suggesting potential undervaluation relative to the It Services & Consulting cohort. Peers include TATA CONSULTANCY SERV LT, INFOSYS LIMITED, TECH MAHINDRA LIMITED — selected based on business model, industry classification, market cap similarity, and business theme alignment.

Financials

Real statement data for revenue, earnings quality, conversion, and balance-sheet coverage. Monetary values are shown in Rs crore.

Latest revenue

₹18.36K CrMar 2026

Latest net profit

₹2.84K CrMar 2026

Latest EPS

₹2.90Mar 2026

Net margin

18.4%Mar 2026

Performance

Bars show revenue and net profit. The line shows net margin.

Rs crore + margin %
Q4 '25Q1 '26Q2 '26Q3 '26Q4 '260.0%5.0%10.0%15.0%20.0%0.00 Cr5.00K Cr10.00K Cr15.00K Cr20.00K Cr
  • Revenue
  • Net income
  • Net margin %

Earnings

Revenue is shown in crores. EPS is rupees per share.

Rs crore + Rs/share
Q4 '25Q1 '26Q2 '26Q3 '26Q4 '260.00 Cr5.00K Cr10.00K Cr15.00K Cr20.00K Cr₹0₹1₹2₹3₹4
  • Revenue
  • EPS

Revenue to profit conversion

Bridge from operating numbers to profit for the latest reported period.

Rs crore
RevenueExpensesDepreciationOperatingprofitOther incomeInterestProfitbefore taxTax & otherNet Profit0.00 Cr5.00K Cr10.00K Cr15.00K Cr20.00K Cr

Latest reported period: Mar 2026

Debt level and coverage

Debt, cash and free cash flow compared on the same crore scale.

Rs crore
Annual view
202120222023202420250.00 Cr3.50K Cr7.00K Cr10.50K Cr14.00K Cr
  • Debt
  • Free cash flow
  • Cash & equivalents

Results

MetricMar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Sales17,47717,20316,68116,31616,59316,79516,89617,12417,42917,19517,77018,01718,363
Expenses14,58313,94213,94013,53313,70013,56213,81413,80414,12414,11214,51414,32814,626
Operating Profit2,5112,8842,3702,4132,5192,8542,7222,9602,9172,7212,9053,3333,388
OPM %14.37%16.76%14.21%14.79%15.18%16.99%16.11%17.28%16.73%15.83%16.35%18.5%18.45%
Other Income8577426845931,0326869587941,4022,0428921,028786
Interest174205206203206216241286254246283275292
Depreciation384377371370374380360360388362351356349
Profit before tax3,1933,4212,8482,8043,3453,3243,4393,4674,0654,5183,5154,0863,882
Tax %27.51%24.36%27.63%27.84%26.85%27.65%28.92%18.07%28.1%18.18%25.62%24.78%26.82%
Net Profit2,3152,5882,0612,0232,4472,4052,4442,8412,9233,6962,6143,0742,841
EPS in Rs4.134.723.941.942.342.302.632.712.803.532.502.662.90

All values in Rs. Crore unless otherwise stated. Source: CMIE Prowess, Quarterly Interim Standalone.

Shareholding Pattern

HolderMar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Promoters72.73%72.66%72.65%72.63%72.62%
FII8.35%8.16%8.45%8.22%8.32%
DII7.58%7.89%7.97%8.49%7.97%
Public6.54%6.59%6.42%6.27%6.60%
Others4.80%4.70%4.51%4.39%4.49%
Mar 2026
Promoters
FII
DII
Public
Others

Events Timeline

Concall Transcript - FY2027

Jul 17, 2026PDFKnowledge Base Open

Concall Transcript - FY2027

Jul 16, 2026PDFKnowledge Base Open

Concall Transcript - FY2027

Jul 07, 2026PDFKnowledge Base Open

Concall Transcript - FY2027

May 19, 2026PDFKnowledge Base Open

Concall Transcript - FY2027

Apr 17, 2026PDFKnowledge Base Open