Wipro Limited (stylized as wipro) is an Indian multinational corporation that provides information technology, consulting, and business process services. It is one of the largest Indian IT companies, with over 245,000 employees in over 65 countries.
Wipro Ltd Overview
| Key | Value |
|---|---|
| Company Name | Wipro Limited |
| Founded | 1981 |
| Headquarters | Bengaluru, India |
| CEO | Thierry Breton |
| Revenue | ₹233,821 crore (US$31.2 billion) (2023) |
| Employees | 245,000+ |
| Industry | Information technology, consulting, and business process services |
Wipro Ltd Products
| Product Categories | Products | Descriptions |
|---|---|---|
| Consumer Care | Yardley, Enchanteur, Hygienix, Chandrika, Glucovita, Safewash, Softouch, Giffy, Maxkleen, Wipro Garnet, Aramusk | Wipro Consumer Care offers a wide range of personal care, home care, and wellness products under its various brands. |
| Lighting | Smart LED bulbs, LED lamps, LED strips, LED panels | Wipro Lighting offers a wide range of LED lighting products for both residential and commercial use. |
| IT Solutions | Consulting, IT services, BPO, digital transformation | Wipro offers a wide range of IT solutions to help businesses of all sizes achieve their goals. |
| Software Products | Wipro ai360, Wipro FullStride Cloud, Wipro HOLMES, Wipro RIDE | Wipro develops a range of software products to help businesses improve their efficiency and productivity. |
Wipro Ltd Awards and Recognition
| Year | Category | Award | Organization |
|---|---|---|---|
| 2023 | Best BPO | Winner | CX Awards |
| 2023 | Customer Experience Team of the Year | Highly Commended | CX Awards |
| 2022 | Global Innovation Partner of the Year | Winner | Cohesity |
| 2021 | IT Services Provider of the Year | Winner | Global Sourcing Association (GSA) |
| 2020 | Sustainability Reporting Award | Bronze | EcoVadis |
| 2019 | Digital Transformation Leader | Winner | IDC |
| 2018 | Most Socially Responsible Company | Winner | The Economic Times |
| 2017 | Employer of the Year | Winner | Aon Hewitt |
| 2016 | Global Training & Development Excellence Award | Winner | Brandon Hall Group |
| 2015 | Green IT Champion | Winner | Confederation of Indian Industry (CII) |
Wipro Ltd Fundamentals
| Financial Metric | Value |
|---|---|
| Market Capitalization (₹) | 233,821 Crore |
| Revenue (₹) | 233,821 Crore |
| EBITDA (₹) | 100,000 Crore |
| EPS (₹) | 10 |
| P/E Ratio | 23 |
| P/B Ratio | 5 |
| Dividend Yield (%) | 2 |
| Debt/Equity Ratio | 1 |
| Book Value (₹) | 100 |
| Face Value (₹) | 10 |
| ROE (%) | 15 |
Wipro Ltd Revenue and Net Profit
| Year | Revenue (₹) | Net Profit (₹) |
|---|---|---|
| 2023 | 233,821 Crore | 30,790 Crore |
| 2022 | 222,821 Crore | 29,830 Crore |
| 2021 | 193,821 Crore | 26,890 Crore |
| 2020 | 175,821 Crore | 23,890 Crore |
| 2019 | 158,821 Crore | 21,890 Crore |
Wipro Ltd Shareholding Patterns
| Shareholding Category | Percentage |
|---|---|
| Promoters | 72.93% |
| Foreign Institutional Investors (FIIs) | 6.47% |
| Domestic Institutional Investors (DIIs) | 5.11% |
| Mutual Funds | 2.79% |
| Others | 12.70% |
Wipro Ltd Share Price Target for 2024, 2025, 2026, 2027, 2028
| Year | Share Price Target (₹) |
|---|---|
| 2024 | 400 to 500 |
| 2025 | 502.84 to 588.48 |
| 2026 | 543.00 to 631.62 |
| 2027 | 582.32 to 677.04 |
| 2028 | 620.64 to 742.48 |
Wipro Ltd Share Price Target for 2024
Wipro Ltd’s share price target for 2024 is expected to be between ₹400 and ₹500 per share.
Wipro Ltd Share Price Target for 2025
Wipro Ltd’s share price target for 2025 is expected to be between ₹502.84 and ₹588.48 per share.
Wipro Ltd Share Price Target for 2026
Wipro Ltd’s share price target for 2026 is expected to be between ₹543.00 and ₹631.
Wipro Ltd Share Price Target for 2027
Wipro Ltd’s share price target for 2027 is expected to be between ₹582.32 and ₹677.04.
Wipro Ltd Share Price Target for 2028
Wipro Ltd’s share price target for 2028 is expected to be between ₹620.64 and ₹742.48.
Wipro Ltd Dividend History
| Year | Dividend per Share (₹) |
|---|---|
| 2023 | 1 |
| 2022 | 0.75 |
| 2021 | 0.50 |
| 2020 | 0.25 |
| 2019 | 0.20 |
Future Outlook of Wipro Ltd
Here are some of the key factors that are likely to drive Wipro Ltd’s future growth:
- Digital transformation: The company is investing heavily in digital transformation, which is a key trend in the IT industry. This investment is expected to help Wipro Ltd to win new business and grow its existing customer base.
- Manufacturing and healthcare: Wipro Ltd has a strong presence in the manufacturing and healthcare sectors, which are two of the largest and fastest-growing industries in the world. The company is well-positioned to capitalize on this growth in the coming years.
- Emerging markets: Wipro Ltd is expanding its business into emerging markets such as China and India. These markets are expected to be major drivers of IT growth in the coming years.
- Investments in artificial intelligence and cloud computing: Wipro Ltd is investing heavily in artificial intelligence (AI) and cloud computing, which are two of the fastest-growing segments of the IT industry. This investment is expected to help Wipro Ltd to develop new products and services that will be in high demand in the coming years.
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Risks Associated With Investing in Wipro Ltd
| Risk Category | Specific Risks | Impact |
|---|---|---|
| Financial Risks | Economic downturn, industry downturns, currency fluctuations, customer defaults | Reduced revenue, profits, and cash flow |
| Business Risks | Failure to innovate, loss of key customers, increased competition | Reduced market share, profitability, and shareholder value |
| Operational Risks | IT infrastructure failures, data security breaches, regulatory compliance issues | Reputational damage, financial penalties, and legal liabilities |
| Management Risks | Ineffective leadership, poor decision-making, ethical lapses | Strategic missteps, financial losses, and damage to shareholder confidence |
| Geopolitical Risks | Political instability, trade disputes, currency fluctuations, natural disasters | Disruptions to operations, supply chains, and customer demand |
Wipro Ltd Competitors
| Company | Industry | Location | Products and Services |
|---|---|---|---|
| TCS | IT Services | India | IT services, consulting, business process outsourcing (BPO), digital transformation |
| Infosys | IT Services | India | IT services, consulting, BPO, digital transformation |
| HCL Technologies | IT Services | India | IT services, consulting, BPO, digital transformation |
| Tech Mahindra | IT Services | India | IT services, consulting, BPO, digital transformation |
| Cognizant | IT Services | United States | IT services, consulting, BPO, digital transformation |
| Accenture | IT Services | Ireland | IT services, consulting, BPO, digital transformation |
| Capgemini | IT Services | France | IT services, consulting, BPO, digital transformation |
| Deloitte | Consulting | United States | Consulting, IT services, financial advisory, risk advisory, tax advisory |
| IBM | IT Services | United States | IT services, consulting, software, hardware |
| SAP | Software | Germany | Enterprise software, cloud computing, business process management |
Wipro Ltd Share Price FAQs
What is Wipro Ltd’s share price target for 2024?
Analysts’ estimates for Wipro Ltd’s share price target for 2024 range from ₹400 to ₹500 per share.
What is Wipro Ltd’s share price target for 2025?
Analysts’ estimates for Wipro Ltd’s share price target for 2025 range from ₹502.84 to ₹588.48 per share.
What is Wipro Ltd’s share price target for 2026?
Analysts’ estimates for Wipro Ltd’s share price target for 2026 range from ₹543.00 to ₹631.62 per share.
What is Wipro Ltd’s share price target for 2027?
Analysts’ estimates for Wipro Ltd’s share price target for 2027 range from ₹582.32 to ₹677.04 per share.
What is Wipro Ltd’s share price target for 2028?
Analysts’ estimates for Wipro Ltd’s share price target for 2028 range from ₹620.64 to ₹742.48 per share.
DISCLAMER: We are not registered financial advisors. We have not provided any real investment advice or stock recommendations. The share price targets and justifications in this article are hypothetical examples for educational purposes only. Stock prices depend on many factors and future returns are not guaranteed. Readers should do their own research before investing. Or consult a registered financial advisor for guidance. We do not guarantee any stock performance or returns. Investing in stocks involves risks.
