Wipro Limited

WIT

Information Technology Services · Technology

Price

$1.89

-0.02 (-1.05%)

Market Cap

$18.70B

Exchange

New York Stock Exchange

Winston Score

Winston is curious

A decent business — some strong pillars, some weaker.

Data as of Aug 23, 2026 · filings through Jun 30, 2026

How the score breaks down

Quality

Good

Growth

Mixed

Cash Flow

Exceptional

Stability

Exceptional

Valuation

Good

Dividends

Good

Track this stock — start free trial

Share count falling — buybacks

−4.2% over 4y

The company has reduced its share count over this period, returning value to shareholders through buybacks.

Diluted shares outstanding: 10.96B (2022) → 10.50B (2026)

Winston Score History

The full picture

Wipro is an Indian technology company that helps other businesses run their computer systems, software, and digital operations. It provides services like writing software code, managing IT infrastructure, handling cybersecurity, and running back-office processes for clients. Its main customers are large companies in banking, healthcare, manufacturing, and retail — mostly in the United States, Europe, and Asia.

Wipro makes money by charging clients fees for ongoing technology services, often through multi-year contracts. It is headquartered in Bengaluru, India, and employs roughly 230,000 people, making it one of the largest IT services firms in the world alongside rivals like TCS and Infosys. Its competitive edge comes from low-cost engineering talent in India combined with a global delivery model, but the company faces real pressure from slower client spending on IT projects and growing competition from automation and artificial intelligence tools that could reduce demand for traditional outsourced labor.

Growth Profile

For growth stock investors

When traditional metrics don't capture the full picture, these are the signals growth stock investors use instead.

Revenue Growth

+7.7% YoY

YoY Growth Rate

Slow revenue growth

EPS Growth

-2.1% YoY

YoY Growth Rate

Earnings declining

R&D Spend

₹0/ year

0.0% of revenue

Below sector average (15%)

Research and development spending

Insider Activity

70.8%ownership

→ Flat

Insider ownership roughly steady over the past year

Cash Position

Cash flow positive

₹573.8B cash & investments

Quarterly Free Cash Flow

↓ Burn rate worsening

Company generates more cash than it spends — no dilution risk from fundraising

Growth context

Wipro Limited is growing revenue at 8% year-over-year. The Winston Score measures business quality today — these growth metrics show what could matter tomorrow.

The Winston Score above measures business quality today. Growth stocks often score lower because they invest in the future rather than maximising current profits. These metrics show what matters most for evaluating that future.

Score breakdown

Every number that matters to educated investors.

Each metric is explained in plain language so you know exactly what you're looking at. Start your free trial now.

Quality

Profit per sale

Gross Margin

28.5%

Modest — 28.5% gross margin

Profit after running costs

Operating Margin

15.6%

Healthy — 15.6% operating margin

Return on the money invested

ROCE

15.8%

Strong — 15.8% return on capital

ROIC between 15% and 25%. Every dollar invested in the business earns 15 to 25 cents back per year.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Growth

Sales growth

Sales YoY

+6.6%

Slow sales growth (+6.6% YoY)

Profit growth

EPS YoY

-1.7%

Earnings shrinking (-1.7% YoY)

Slight earnings drop. Typical near a cyclical low.

How steady the profit is

EPS Consistency

6/8 quarters

Earnings grew in most of the last 8 quarters

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Cash Flow

Profit that turns into cash

Cash Conversion

112%

Turns 112% of profit into real cash

Spare cash per sale

FCF Margin

13.9%

Converts sales into free cash efficiently (13.9%)

FCF margin between 10% and 20%. Every $100 in sales becomes $10 to $20 in real cash.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Stability

What it owes vs what it owns

Debt / Equity

0.24

Conservative — low debt load (0.24)

Covers its interest

Interest Cover

13.10x

Comfortably covers interest (13.1x)

Interest coverage above 8. Profits cover interest many times over.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Valuation

Price vs profit

P/E Ratio (TTM)

14.3x

Attractive valuation — P/E 14.3

P/E in the normal range. Price is roughly $15 for every $1 of yearly profit.

Cheaper or dearer next year

P/E vs Forward

+0.8

GROWING

Earnings roughly flat

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Dividends

Dividend

Dividend Yield

1.09%

Small dividend — 1.09% yield

Modest yield. The bulk of any return needs to come from price appreciation.

Dividend record

Dividend Growth

+52.0%

Dividend growing fast (52.0% YoY)

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

🔒 See full fundamentals and if they are improving or declining — click here for your free trial now.

Start free trial