Wipro Ltd.


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  • 1y
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Mar 28, 2017
Prev close: 507.55
Mar 28, 2017
Market cap:
Market cap(USD):
Shares: 2,430.89M

Currency in INR

Company profile

Market(Ticker): BOM(507685)
Technology Services
Information Technology Services
Full time employees: 150,000

Business summary

Wipro Ltd. is a global information technology, consulting and outsourcing company. The company develops and integrates solutions that enable clients to leverage Information Technology (IT) in achieving their business objectives at competitive costs. It operates through the Information Technology Services and Information Technology Products segments. The Information Technology Services segment provides IT and IT-enabled services which include IT consulting, custom application design, development, re-engineering and maintenance, systems integration, package implementation, global infrastructure services, BPO services, cloud, mobility and analytics services, research and development and hardware and software design. The Information Technology Products segment provides a range of third-party IT products, which allows to provide comprehensive IT system integration services. These products include computing, storage, networking, security and software products, including databases and operating systems. The company was founded on December 29, 1945 and is headquartered in Bangalore, India.

Company background

Wipro is India's third-largest information technology company. Like its rival Indian IT service providers, Wipro is a major IT business that operates around the world. The company has over 150,000 employees across the world, and posts about 80% of its sales outside India.

Wipro's beginning was very different to other major Indian IT companies. It started as a vegetable oil producer in 1945. Azim Premji, the company's current chairman, became the head of the company in 1966 following the sudden death of his father. Under his leadership, Wipro broadened into other areas of business. The company entered the IT industry in the 1980s. It gradually shifted its emphasis from hardware production to offshore software development, building its foundation as a major IT company.

Premji owns the majority of the company's shares. Non-IT businesses, including hydraulic cylinder manufacturing and household product operations, are currently managed by Wipro Enterprises, a group company.

In the news

Financial highlights

Mar 2016

  • Local currency
  • US Dollar
Revenue 512,440M
Gross profit 154,271M
Operating income 93,154M
Income before tax 114,719M
Net income 88,922M
EBITDA 108,119M
Diluted EPS 36.12
Dividends per share 6
Total assets 734,099M
Total liabilities 265,797M
Total equity 466,078M
Operating cash flow 95,959M

Currency in INR

Revenue 7,826.99M
Gross profit 2,356.33M
Operating income 1,422.83M
Income before tax 1,752.21M
Net income 1,358.19M
EBITDA 1,651.40M
Diluted EPS 0.55
Dividends per share 0.09
Total assets 11,085.34M
Total liabilities 4,013.69M
Total equity 7,038.06M
Operating cash flow 1,465.67M

Currency in USD

Valuation measures

Mar 2016

PER 15.56
ROA 13.26%
ROE 20.34%
Operating margin 18.17%
Profit margin 17.35%

Key executive

  • Chief Executive Officer & Executive Director: Abidali Z. Neemuchwala
  • President & Chief Operating Officer: B. M. Bhanumurthy
  • Chief Financial Officer: Jatin Pravinchandra Dalal
  • Chief Technology Officer: K. R. Sanjiv
  • Chief Information Officer & Senior Vice president: Raja Ukil

Share holders

  • ICICI Prudential Asset Management Co. Ltd.(1.9%)
  • Life Insurance Corp. of India(1.9%)
  • First State Investment Management (UK) Ltd.(1.2%)
  • BlackRock Fund Advisors(0.7%)
  • The Vanguard Group, Inc.(0.5%)
  • PineBridge Investments Asia Ltd.(0.4%)
  • APG Asset Management NV(0.4%)
  • HSBC Global Asset Management (Hong Kong) Ltd.(0.3%)


  • Website:
  • Address: Doddakannelli, Sarjapur Road, Bangalore, 560035, India
  • Phone: +91.80.28440011

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