Fundamentals scanner
Every ratio from the Fundamental Analysis track, computed on a real company and annotated with what the number actually means. Then the three financial statements, so you can do the cash-flow check yourself.
Wipro
TechnologyBullish- Market cap
- ₹1,82,024 Cr
- P/E
- 14.6x
- ROE
- 16.1%
- Debt / equity
- 0.27
What the company does
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.
Valuation — what you are paying
How the price compares to earnings, assets and cash generation.
- P/E (trailing)14.6xStrong
You are paying 14.6 years of current profit for each share. The earnings yield is 6.8%.
- P/B (price to book)2.3xStrong
The market values the company at 2.3× its accounting net worth. High is normal for asset-light businesses and unusual for banks.
- EV / EBITDA9.4xStrong
This is the only common multiple that accounts for debt — it is what an actual acquirer would look at, because they would inherit the borrowings.
- Dividend yield4.35%Strong
Pays 4.35% of the current price out each year. Remember that yield rises when price falls — check the dividend is covered by cash flow.
Profitability — is this a good business?
Returns on capital and margins, the numerical shadow of a moat.
- Return on equity16.1%Fair
Earns ₹16.1 of profit a year for every ₹100 of shareholders' money. Always check how much of this comes from leverage rather than the business.
- Return on assets7.3%Fair
ROE and ROA are reasonably close, so the returns come largely from the business itself rather than from borrowing.
- Operating margin15.7%Fair
Keeps ₹15.7 of operating profit from every ₹100 of sales. Compare only against companies in the same industry.
- Net margin13.9%Strong
Sustained high net margins are evidence that something is stopping competitors from competing the profits away.
Financial strength — can it survive a bad year?
Leverage and liquidity. This is where fragility shows up first.
- Debt to equity0.27Strong
A conservative balance sheet that can absorb a downturn without a crisis.
- Current ratio1.67Strong
Short-term obligations are comfortably covered by short-term assets.
- Total debt₹21282.20 CrNo data
Against cash of ₹39475.00 Cr. Net debt is what matters, not gross borrowings.
- Free cash flow₹10850.81 CrStrong
Generates cash after paying for the capital spending needed to keep running. This is the money genuinely available to owners.
Growth — is it getting bigger?
Revenue and earnings momentum, and how the two compare.
- Revenue growth (yoy)+10.6%Fair
Ask where the growth came from: more volume, higher prices, or an acquisition. They are very different in quality.
- Earnings growth (yoy)+0.9%Fair
Profits are growing slower than sales, meaning margins are compressing. The company may be buying its growth.
- Revenue (TTM)₹94968.00 CrNo data
EBITDA of ₹17487.10 Cr and operating cash flow of ₹14107.70 Cr.
- PEG ratio1.52Fair
P/E divided by expected growth. Only as reliable as that growth forecast, which is usually optimistic.
Financial statements
Reported figures, most recent year first. All values in rupees.
| FY2026 | FY2025 | FY2024 | FY2023 | |
|---|---|---|---|---|
| Revenue | ₹92624.00 Cr | ₹89088.40 Cr | ₹89760.30 Cr | ₹90487.60 Cr |
| Cost of revenue | ₹0.00 | ₹0.00 | ₹0.00 | ₹0.00 |
| Gross profit | ₹0.00 | ₹0.00 | ₹0.00 | ₹0.00 |
| Operating expenses | ₹0.00 | ₹0.00 | ₹0.00 | ₹0.00 |
| Operating income | — | — | — | — |
| Interest expense | — | — | — | — |
| Pre-tax income | — | — | — | — |
| Tax | ₹0.00 | ₹0.00 | ₹0.00 | ₹0.00 |
| Net profit | ₹13197.40 Cr | ₹13135.40 Cr | ₹11045.20 Cr | ₹11350.00 Cr |