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Wipro

WIPRO · Computer Services · INE075A01022

Analyst mean 3.38 · 40 analysts · 97% bullish
₹183.61
Close 2026-07-31 · Balanced risk

Reading the Statements forensic interpretation

What the numbers mean when read together — computed from the filings, not a score.

Operating cash flow backs the profit

Operating cash flow is 112% of trailing profit — the earnings are converting to cash, not just accruals.

Full read

Last operating cash flow ₹14,932 cr against trailing net profit ₹13,285 cr. A ratio at or above ~0.9 means reported profit is showing up as real cash.

Generates free cash

Free cash flow is positive and consistent — the business funds itself after capex.

Full read

Latest free cash flow ₹13,447 cr. Negative in only 0 of 12 years. A self-funding business needs less external capital and dilutes less.

Price & Valuation 10-year, split-adjusted

Markers show corporate actions (splits, bonus, dividends). Prices are split-adjusted so the series is continuous.

Valuation & Quality

Valuation
P/E (TTM) 13.5x
P/B 2.31x
P/S 1.89x
PEG 2.14
P/FCF 96.8x
Dividend Yield 4.42%
Leverage
Debt / Equity conservative 0.27
Payout Ratio 87.2%
Returns & Margins
Operating Margin (TTM) 16.3%
Net Margin (TTM) 14%
Return on Equity 16.1%
Return on Assets 10.1%
Implied Growth (Graham) growth the market is pricing in 2.5%
Rule of 40 26.9
Growth 10.6% + Margin 16.3% — below 40

Ownership & Skin in the Game

Promoter72.59% ▲ 0.00
FII8.85%
DII
Mutual Funds1.83%

Quarterly Financials ₹ cr

MetricSep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Revenue22,30222,31922,50422,13522,69723,55624,23624,479
Expenses17,79817,77917,88017,90218,32519,25919,32719,846
Other Income9621,0051,2171,0729631,008857979
Depreciation831676722686692805728804
Profit before tax4,2784,4534,7434,2584,2824,1344,6684,334
Net Profit3,2273,3673,5883,3363,2623,1453,5223,356
EPS3.073.203.413.183.102.973.343.38

Balance Sheet ₹ cr, annual

ItemMar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital1,0961,0961,0981,0452,0942,098
Reserves53,80564,30776,57073,48880,27085,921
Borrowings10,45117,59317,46716,46519,20420,291
Fixed Assets23,04037,99044,75743,62845,18751,690
CWIP1,8531,602617723196412
Investments18,77526,15433,07333,38443,92646,786
Total Assets82,566107,276116,924114,609127,929140,884
DISCLAIMER: FinMinutes is a financial data and analytics platform, not a SEBI-registered investment adviser. Everything here is for educational and informational purposes. Forensic interpretations are computed from disclosed data and are not recommendations. Do your own due diligence.