Wipro Limited is an Indian multinational technology company based in Bangalore, Karnataka. Wipro was incorporated on 29 December 1945 in Amalner by MH Hasham Premji as Western India Vegetable Product Limited, a manufacturer of cooking oils. The company changed its name to Wipro Products Limited in 1977, followed by Wipro Limited in 1982. Wipro Limited company work as cloud computing, computer security, digital transformation, artificial intelligence, robotics, data analytics and other technologies with serving customers in 167 countries.
Wipro Limited Current Share Price:-
Category
Price (₹)
Today’s High
295.50
Today’s Low
289.50
52-Week High
298.00
52-Week Low
201.03
Current Fundaments of Wipro Share :-
Metric
Value
Metric
Value
Market Cap
₹ 3,05,240.39 Cr.
Enterprise Value
₹ 3,11,061.69 Cr.
No. of Shares
1,046.42 Cr.
P/E
26
P/B
1.88
Face Value
₹ 2
Div. Yield
0.34 %
Book Value (TTM)
₹ 155.53
Cash
₹ 9,188 Cr.
Debt
₹ 15,009.30 Cr.
Promoter Holding
72.8 %
EPS (TTM)
₹ 11.22
Sales Growth
-0.80%
Profit Growth
-2.24%
ROE
14.72 %
ROCE
17.62 %
Shareholding in Wipro Share :-
Category
Previous (Jun 2024)
Current (Sep 2024)
Change
Promoters Holdings (%)
72.82%
72.80%
-0.02%
FII/FPI Holdings (%)
7.12%
7.27%
+0.15%
Number of FII/FPI Investors
801
827
+26
Mutual Fund Holdings (%)
3.50%
4.15%
+0.65%
Number of MF Schemes
31
32
+1
Institutional Holdings (%)
17.69%
18.29%
+0.60%
The company has shown a good promoter holding of 72.82 %, which shown believe of company management on work and future plan of the company.
Target in Wipro Share for 2025-2030 :-
Year
Target
2025
320
2026
345
2027
375
2028
400
2029
420
2030
450
Quarterly Result (All Figures in Cr.) :-
MAR 2024
JUN 2024
SEP 2024
Net Sales
22,208.30
21,963.80
22,301.60
Total Expenditure
17,807.50
17,609.70
17,798.30
Operating Profit
4,400.80
4,354.10
4,503.30
Other Income
652.90
729.70
961.90
Interest
330.80
328.80
356.90
Depreciation
840.50
728.90
830.80
Exceptional Items
0
0
0
Profit Before Tax
3,882.40
4,026.10
4,277.50
Tax
1,004.00
985.00
1,051.20
Profit After Tax
2,878.40
3,041.10
3,226.30
Adjustments
-43.80
-37.90
-17.50
Consolidated Net Profit
2,834.60
3,003.20
3,208.80
Adjusted EPS (₹)
5.43
5.74
6.13
The company shown a increasing data of profit which result into increasing share price.
Profit & Loss (All Figures in Cr.):-
Particulars
MAR 2023
MAR 2024
Net Sales
90,487.60
89,760.30
Total Expenditure
74,142.60
73,029.80
Operating Profit
16,345.00
16,730.50
Other Income
2,774.30
2,676.10
Interest
1,007.70
1,255.20
Depreciation
3,340.20
3,407.10
Exceptional Items
0
0
Profit Before Tax
14,765.70
14,721.00
Tax
3,399.20
3,608.90
Profit After Tax
11,366.50
11,112.10
Adjustments
-16.50
-66.90
Consolidated Net Profit
11,350.00
11,045.20
Adjusted EPS (₹)
20.68
21.14
Balance Sheet data:-
Particulars
MAR 2023
MAR 2024
Equity and Liabilities
Share Capital
1,097.60
1,045.00
Total Reserves
76,570.30
73,488.00
Minority Interest
58.90
134.00
Borrowings
6,127.20
6,230.00
Other N/C Liabilities
6,294.40
8,466.10
Current Liabilities
26,775.30
25,245.80
Total Liabilities
1,16,923.70
1,14,608.90
Assets
Net Block
44,756.80
43,628.00
Capital WIP
617.10
723.40
Investments
2,150.00
2,267.30
Loans & Advances
1,955.90
1,899.20
Other N/C Assets
1,334.30
1,024.80
Current Assets
66,109.60
65,066.20
Total Assets
1,16,923.70
1,14,608.90
Cash Flows :-
Particulars
MAR 2022
MAR 2023
MAR 2024
Profit from Operations
15,140.80
14,765.70
14,721.00
Adjustment
2,156.30
2,771.80
2,631.50
Changes in Assets & Liabilities
-3,648.80
-1,455.60
1,805.10
Tax Paid
-2,568.60
-3,021.80
-1,536.00
Operating Cash Flow
11,079.70
13,060.10
17,621.60
Investing Cash Flow
-22,321.30
-8,169.20
1,144.10
Financing Cash Flow
4,658.60
-6,088.10
-18,256.70
Net Cash Flow
-6,583.00
-1,197.20
509.00
Ongoing Projects of Wipro Share:-
Key Updates:
Big Investment in AI:
Wipro is investing $1 billion over the next three years to improve its AI, big data, and analytics solutions.
Big Deal in the U.S.:
The company recently signed a $500 million contract with a major U.S. communications provider.
Aerospace Projects:
Wipro Aerospace works with big names like Collins Aerospace, Heroux Devtek, and Liebherr, along with projects in Spain.
Wipro Infrastructure Engineering (WIN):
WIN is the largest independent maker of hydraulic cylinders in the world, with 14 factories in India and over 1,700 employees.
Future Plan of Wipro Share :-
Wipro AI360
Wipro is building a powerful system called AI360 to include Artificial Intelligence (AI) in all its platforms, tools, and services. The company will invest $1 billion over three years to improve AI, data, and analytics solutions, create new technologies, and boost its cloud and consulting services.
Sustainability Efforts
Wipro aims to cut its greenhouse gas emissions to zero by 2040 and reduce them by 55% by 2030. It also helps other companies track their progress in being eco-friendly, cut waste, save resources, and lower their carbon footprint.
Digital Transformation
Wipro is teaming up with Siemens to improve software development for cars. It is also launching a special AI solution for businesses with Hewlett Packard Enterprise that can work directly on their premises.
AI Services and Support Wipro is growing its partnership with IBM to provide better AI-based services and support for its clients.
