WIPRO · NSE
Wipro Limited
₹166.83
+0.26% (+₹0.43)
Prev. close
₹166.4
Volume
2,36,06,474
Delivery %
58.3%
As of
18 Sept 2026
Price history
JPMorgan Analysis · JPMorgan · 08 Sept 2026
“JPMorgan has retained its 'Underweight' rating on Wipro, setting a price target of ₹155 per share, implying a 10.43% downside from its Monday closing price. This bearish outlook is driven by ongoing AI-led deflation on contract renewals, a trend expected to persist for another four to six quarters, impacting the company's broader portfolio despite strong overall demand.”
Analyst sentiment
Analysts lean bearish
12 analyst stances · last 90 days · one per analyst
Trackable
9 · 2 bull / 1 neutral / 6 bear
Long-Horizon
none in window
Commentary
3 · 0 bull / 0 neutral / 3 bear
Trackable = verdict-bearing calls · Long-Horizon = 1yr+ horizon, verdict pending · Commentary = context, not graded
Analyst opinions
| Call | Analyst | Instrument | Verdict | Actions | |||
|---|---|---|---|---|---|---|---|
| “Bearish on Wipro with an 'Underweight' stance and a target price of ₹160. The brokerage cites intensifying competition, …” | JM Financial AnalysisJM Financial Institutional Securities | Wipro | PENDING | ||||
| “JPMorgan has retained its 'Underweight' rating on Wipro, setting a price target of ₹155 per share, implying a 10.43% dow…” | JPMorgan AnalysisJPMorgan | Wipro | PENDING | ||||
“JPMorgan has retained its 'Underweight' rating on Wipro, setting a price target of ₹155 per share, implying a 10.43% downside from its Monday closing price. This bearish outlook is driven by ongoing AI-led deflation on contract renewals, a trend expected to persist for another four to six quarters, impacting the company's broader portfolio despite strong overall demand.” This call hasn't reached its evaluation window yet — the verdict will appear here once it's graded. | |||||||
| “Downgraded Wipro to 'Underperform' with a target price cut to ₹152 from ₹157, implying 15% downside potential from its p…” | CLSA AnalysisCLSA | Wipro | PENDING | ||||
| “CLSA has downgraded Wipro to 'underperform' from 'hold', with a revised price target of ₹152. The firm highlights that l…” | CLSA AnalysisCLSA | Wipro | PENDING | ||||
| “Motilal Oswal reiterates a 'Neutral' rating on Wipro with a target price of ₹160, valuing shares at 11x FY28E EPS. The b…” | Motilal Oswal AnalysisMotilal Oswal Financial Services | Wipro | PENDING | ||||
| “Emkay Global maintains a 'Reduce' call on Wipro, cutting its share price target by 15% to ₹170 from ₹200. This revision …” | Dipeshkumar MehtaEmkay Global Financial Services Ltd. | Wipro | NOT GRADED | ||||
| “Choice Institutional Equities assigns a 'Reduce' rating on Wipro, cutting its share price target to ₹170 from ₹185. The …” | Choice Institutional Equities AnalysisChoice Institutional Equities | Wipro | NOT GRADED | ||||
| “Maintains a Buy rating on Wipro but cut its target price to ₹190 from ₹200, implying a 6.7% upside. The Q1FY27 results w…” | Nomura AnalysisNomura Global Markets Research | Wipro | PENDING | ||||
| “Retains a Buy rating on Wipro but lowered its target price to ₹210 from ₹255, implying an 18% upside, following weak Q1 …” | Nuvama AnalysisNuvama Alternative & Quantitative Research | Wipro | PENDING | ||||
| “Maintains a 'neutral' rating on Wipro with a price target of ₹160, projecting another weak year with flat to slightly ne…” | Motilal Oswal AnalysisMotilal Oswal Financial Services | Wipro | PENDING | ||||
| “Maintains a 'buy' rating on Wipro with a price target of ₹190, despite a subdued Q1 and lower-than-anticipated Q2 guidan…” | Nomura AnalysisNomura Global Markets Research | Wipro | MISS | ||||
| “Maintains an 'underperform' rating on Wipro with a price target of ₹150, citing Q1 results and Q2 guidance as key negati…” | Jefferies AnalysisJefferies | Wipro | PENDING | ||||
Market commentary · 8 · levels, conditionals, previews, macro & hedged views — context, not graded
| Call | Analyst | Instrument | Verdict | Actions |
|---|---|---|---|---|
| “Bearish on Wipro, expecting organic revenue decline in FY27 and continued underperformance against peers in FY28. The br…” | Morgan Stanley AnalysisMorgan Stanley India | Wipro | PENDING | |
| “Bearish on Wipro's Q1FY25 sequential revenue, forecasting a 1% fall, partly due to delayed closure of the Alpha Net acqu…” | Kotak Institutional Equities AnalysisKotak Institutional Equities | Wipro | NOT GRADED | |
| “Bearish on Wipro's Q1FY25 constant-currency revenue, forecasting a 1.3% decline, near the lower end of Wipro's own guida…” | Nomura AnalysisNomura Global Markets Research | Wipro | NOT GRADED | |
| “Bearish on Wipro's Q1FY25 constant-currency revenue, projecting a 1.5% decline despite contributions from the Olam-linke…” | Systematix AnalysisSystematix Institutional Equities | Wipro | NOT GRADED | |
| “Bearish on Wipro's Q1FY25 constant-currency revenue, projecting a 1.5% sequential decline, and a 1.8% fall in dollar ter…” | Nuvama AnalysisNuvama Alternative & Quantitative Research | Wipro | NOT GRADED | |
| “Bearish on Wipro's Q1FY25 sequential revenue, expecting a 1.3% fall despite a 1% inorganic contribution from Mindsprint,…” | Motilal Oswal AnalysisMotilal Oswal Financial Services | Wipro | NOT GRADED | |
| “Bearish on large-cap Indian IT companies, expecting a muted Q1 and subdued Q2 commentary, with risks to FY27 revenue gui…” | Morgan Stanley AnalysisMorgan Stanley India | Wipro | PENDING | |
| “Bearish on large-cap IT companies, expecting a muted Q1 and subdued Q2 commentary, with risks to FY27 revenue guidance. …” | Morgan Stanley AnalysisMorgan Stanley India | Wipro | PENDING |
Fundamentals
About Wipro Limited
Wipro Limited operates as an information technology (IT), consulting, and business process services company worldwide. It operates through IT Services and IT Products segments. The IT Services segment offers AI-powered IT and IT-enabled services, including digital strategy advisory, customer-centric design, technology and IT consulting, custom application design, development, re-engineering and maintenance, systems integration, package implementation, cloud and infrastructure, business process, cloud, mobility and analytics, research and development, and hardware and software design services to enterprises. It serves customers in various industry sectors, such as communications, media and information services, software and gaming, new age technology, consumer goods, healthcare, medical devices and life sciences, and technology products and services, as well as banking and financial services, energy, manufacturing and resources, capital markets and insurance, and hi-tech. The IT Products segment provides a range of third-party IT products, including enterprise platforms, networking solutions, software and data storage products, contact center infrastructure, enterprise security, IT optimization technologies, video solutions, and end-user computing solutions. It serves enterprises in various industries primarily in the Indian market, such as government, defense, IT and IT-enabled services, telecommunications, manufacturing, utilities, education, and financial services sectors. The company has a strategic alliance with the Indian Institute of Science and the Foundation for Science Innovation and Development to collaborate on research and innovation across frontier technologies. The company was incorporated in 1945 and is based in Bengaluru, India.
Details
Sector
Technology
Industry
Information Technology Services
CEO
Mr. Srinivas Pallia
Headquarters
Bengaluru
Employees
2,40,000
Website
wipro.comExchange
View on NSE ↗Key stats
Market cap
₹1.65 L Cr
P/E ratio (TTM)
13.2
Dividend yield
4.81%
EPS (TTM)
₹12.60
Beta (1Y · daily vs NIFTY 50)
0.70
Beta (5Y · monthly vs NIFTY 50)
0.91
Shares float
288.65 Cr
EPS · quarter ended Jun 2026
₹3.20
Upcoming earnings
15 Oct 2026
Financial Performance
01 · Financials
FY21 growth needs FY20 filings, which the data source doesn't provide.
02 · Earnings Per Share (EPS)
03 · Dividend Profile
Growth compares completed fiscal-year dividend totals on the company's own calendar: April–March (Indian FY), taken from its reported period-ends. Payout ledger: NSE corporate actions.
04 · Operating Efficiency (Growth Rates)
Balance-sheet-based · pre-FY23 not filed in verifiable form
05 · Capital Structure & Asset Utilization
Pre-FY23 not filed in verifiable form
Asset turnover needs a prior year of assets — omitted for the earliest available year.
06 · Asset Base Composition
Pre-FY23 not filed in verifiable form
07 · Debt Level & Coverage
Pre-FY23 not filed in verifiable form
08 · Profit & Loss
Annual
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| ₹61,943.00 Cr | ₹79,312.00 Cr | ₹90,487.60 Cr | ₹89,760.30 Cr | ₹89,088.40 Cr | ₹92,624.00 Cr | |
| EBITDA | ₹17,162.10 Cr | ₹18,745.40 Cr | ₹19,119.30 Cr | ₹19,406.60 Cr | ₹21,905.20 Cr | ₹21,043.80 Cr |
| ₹10,796.40 Cr | ₹12,229.60 Cr | ₹11,350.00 Cr | ₹11,045.20 Cr | ₹13,135.40 Cr | ₹13,197.40 Cr | |
| Diluted EPS | ₹9.54 | ₹11.16 | ₹10.34 | ₹10.41 | ₹12.52 | ₹12.56 |
EBITDA for at least one year shown could not be independently verified against the company's own annual report — the two sources disagree for at least one overlapping year, so the year(s) this deck cannot verify are left blank rather than shown with an unverified number.
09 · Balance Sheet
Annual
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| ₹82,732.20 Cr | ₹1.08 L Cr | ₹1.17 L Cr | ₹1.15 L Cr | ₹1.28 L Cr | ₹1.41 L Cr | |
| ₹10,451.40 Cr | ₹17,592.90 Cr | ₹17,466.60 Cr | ₹16,464.90 Cr | ₹19,203.50 Cr | ₹20,291.00 Cr | |
| Stockholders' equity | ₹54,901.00 Cr | ₹65,454.50 Cr | ₹77,726.80 Cr | ₹74,533.00 Cr | ₹82,364.10 Cr | ₹88,018.30 Cr |
Annual only — the data source doesn’t publish quarterly balance-sheet detail for most NSE-listed companies.
10 · Cash Flow Statement
Annual
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| ₹14,755.00 Cr | ₹11,079.70 Cr | ₹13,060.10 Cr | ₹17,621.60 Cr | ₹16,942.60 Cr | ₹14,931.60 Cr | |
| Investing cash flow | ₹773.90 Cr | ₹-22,449.50 Cr | ₹-8,406.50 Cr | ₹1,168.00 Cr | ₹-8,073.00 Cr | ₹-3,342.30 Cr |
| ₹-12,884.00 Cr | ₹4,658.60 Cr | ₹-6,088.10 Cr | ₹-18,256.70 Cr | ₹-6,396.30 Cr | ₹-14,126.00 Cr | |
| Capital expenditure | ₹-1,957.70 Cr | ₹-2,015.30 Cr | ₹-1,483.40 Cr | ₹-1,051.00 Cr | ₹-1,503.70 Cr | ₹-1,560.30 Cr |
| End cash position | ₹16,979.30 Cr | ₹10,383.60 Cr | ₹9,188.00 Cr | ₹9,695.10 Cr | ₹12,197.40 Cr | ₹10,555.50 Cr |
Debt issued, Debt repaid have filed figures for only some of the years shown — no further verified source covers the rest, so those years are left blank rather than estimated.
Annual only — the data source has no quarterly cash-flow-statement coverage.
11 · Shareholding Pattern
NSE, quarterly
| Line item | Sep 21 | Dec 21 | Mar 22 | Jun 22 | Sep 22 | Dec 22 | Mar 23 | Jun 23 | Jul 23 | Sep 23 | Dec 23 | Jan 24 | Mar 24 | Jun 24 | Sep 24 | Nov 24 | Dec 24 | Dec 24 | Mar 25 | Jun 25 | Jun 25 | Sep 25 | Dec 25 | Mar 26 | Jun 26–Jun 26(2Q) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoter | 73.02% | 73.01% | 73.00% | 73.00% | 72.95% | 72.94% | 72.92% | 72.91% | 72.97% | 72.93% | 72.90% | 72.90% | 72.89% | 72.82% | 72.80% | 72.79% | 72.79% | 72.75% | 72.73% | 72.67% | 72.66% | 72.65% | 72.63% | 72.62% | 72.59% |
| Public | 26.66% | 26.70% | 26.73% | 26.75% | 26.83% | 26.87% | 26.90% | 26.93% | 26.87% | 26.93% | 26.97% | 26.98% | 27.00% | 27.07% | 27.09% | 27.09% | 27.10% | 27.13% | 27.15% | 27.22% | 27.22% | 27.23% | 27.25% | 27.27% | 27.29% |
| Employee trusts | 0.32% | 0.29% | 0.27% | 0.25% | 0.21% | 0.19% | 0.18% | 0.16% | 0.16% | 0.14% | 0.13% | 0.12% | 0.11% | 0.11% | 0.11% | 0.11% | 0.11% | 0.11% | 0.11% | 0.11% | 0.11% | 0.11% | 0.11% | 0.11% | 0.12% |
Source: NSE quarterly shareholding-pattern filings, collapsed to periods where the reported percentages held steady — a column spanning several quarters means no change was filed across them. No FII/DII sub-split available from this source — Public includes all non-promoter, non-employee-trust holders.
12 · Peer Comparison
Technology
| Company | ||||||||
|---|---|---|---|---|---|---|---|---|
| Tata Consultancy Services Limited | ₹7.92 L Cr | ₹2,105 | 15.9 | 7.39 | 45.9% | 0.11 | +4.6% | -33.7% |
| Infosys Limited | ₹4.20 L Cr | ₹1,037.7 | 13.5 | — | 33.9% | 0.10 | +4.6% | -31.2% |
| HCL Technologies Limited | ₹3.40 L Cr | ₹1,249.3 | 19.5 | 4.53 | 22.1% | 0.07 | +11.2% | -16.4% |
| Wipro Limited | ₹1.65 L Cr | ₹166.4 | 13.5 | 1.86 | 14.9% | 0.23 | +4.0% | -34.5% |
| Tech Mahindra Limited | ₹1.38 L Cr | ₹1,537.1 | 27.0 | 4.67 | 16.2% | 0.07 | +7.2% | -0.9% |
| LTM Limited | ₹1.26 L Cr | ₹4,275.1 | 24.2 | 5.26 | 20.9% | 0.10 | +11.3% | — |
| One 97 Communications Limited | ₹1.13 L Cr | ₹1,849.9 | 175.9 | 7.05 | 3.5% | 0.01 | +21.5% | +50.5% |
| LG Electronics India Limited | ₹1.11 L Cr | ₹1,652.9 | 60.6 | 14.42 | 22.0% | 0.06 | +1.3% | — |
| Oracle Financial Services Software Limited | ₹1.01 L Cr | ₹11,896 | 29.7 | 12.93 | 33.7% | 0.00 | +12.1% | +29.7% |
| Persistent Systems Limited | ₹85,505.25 Cr | ₹5,416 | 44.7 | 10.91 | 23.8% | 0.06 | +23.5% | -2.7% |
| Dixon Technologies (India) Limited | ₹80,805.72 Cr | ₹13,005 | 43.3 | 17.28 | 30.8% | 0.21 | +25.8% | -29.1% |
| Coforge Limited | ₹79,425.97 Cr | ₹1,841 | 36.8 | 8.33 | 16.3% | 0.08 | +35.8% | +0.9% |
Ranked by market cap within Technology, same metrics as the Fundamentals screener. Click a column to sort.
Documents
Annual reports
Show all 30
Concall transcripts
Show all 12
Official documents linked from their sources — offer documents as filed with SEBI (sebi.gov.in), annual reports and earnings-call transcripts as published on BSE (bseindia.com) and NSE (nseindia.com). Links open the source's own hosting; nothing is re-hosted here.
Index membership
54 indices
NSE weights are a free-float market-cap-share estimate, not NSE’s own published (and sometimes capped) index weight. BSE weights are BSE’s own published index weight, not an estimate. Indices without weight data are listed without one, in alphabetical order after the weighted ones.
Wipro falls as company launches AI-led STO360 with Aramco | Tap to know more | Inshorts
Inshorts · 14 hours ago
TCS, HCL, Wipro, Infosys Bleeding: Why Are IT Stocks Down? Check Q1 Result Dates, Preview, Dividend Rewards
Wipro Limited's stock, along with other Indian IT companies, declined significantly on June 30th as investors booked profits ahead of Q1 FY27 earnings reports. The sector faces caution after Accenture trimmed its guidance and signaled tepid deal wins. Analysts also note concerns about the slow monetization of AI and its potential impact on traditional billing models.