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Technology Services

Wipro Ltd.

  • 292.80 INR
  • -5.55
  • -1.86%
  • India
    Apr 20, 2018
  • Ticker
    BOM(507685)
  • Prev. close
    298.35
  • Market cap (INR)
    1,349.67B
  • Market cap (USD)
    20,438.33M
  • Shares
    4,523.78M

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.

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.

Financial Highlights

Mar 2017 INRUSD
Revenue550,402M8,207.96M
Gross Profit156,060M2,327.27M
Operating income89,076M1,328.36M
Income before tax110,356M1,645.70M
Net income84,895M1,266.01M
EBITDA109,127M1,627.37M
Diluted EPS17.420.25
Dividends Per Share10.01
Total Assets803,557M12,374.79M
Total liabilities280,862M4,325.27M
Total equity520,304M8,012.68M
Operating cash flow108,154M1,612.86M
Currency in INRCurrency in USD

Historical Data

 Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017
Revenue 374,256M 434,269M 469,545M 512,440M 550,402M
Gross Profit 113,068M 138,243M 147,052M 154,271M 156,060M
Operating income 67,346M 85,995M 91,786M 92,993M 89,076M
Income before tax 78,596M 101,005M 111,683M 114,933M 110,356M
Net income 61,362M 77,967M 86,528M 89,075M 84,895M
EBITDA 78,181M 97,101M 104,609M 107,958M 109,127M
Diluted EPS 13.49 15.83 17.57 18.09 17.42
Dividends Per Share 3.50 4 6 3 1
Total Assets 439,730M 502,304M 606,792M 733,061M 803,557M
Total liabilities 154,747M 157,418M 197,164M 265,677M 280,862M
Total equity 283,812M 343,499M 407,982M 465,172M 520,304M
Operating cash flow 77,393M 78,689M 89,773M 95,959M 108,154M
 Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017
Revenue 6,876.48M 7,185.80M 7,679.39M 7,826.99M 8,207.96M
Gross Profit 2,077.48M 2,287.49M 2,405.03M 2,356.33M 2,327.27M
Operating income 1,237.39M 1,422.95M 1,501.15M 1,420.37M 1,328.36M
Income before tax 1,444.10M 1,671.32M 1,826.57M 1,755.48M 1,645.70M
Net income 1,127.45M 1,290.11M 1,415.16M 1,360.52M 1,266.01M
EBITDA 1,436.47M 1,606.72M 1,710.87M 1,648.94M 1,627.37M
Diluted EPS 0.24 0.26 0.28 0.27 0.25
Dividends Per Share 0.06 0.06 0.09 0.04 0.01
Total Assets 8,090.70M 8,410.63M 9,696.06M 11,069.66M 12,374.79M
Total liabilities 2,847.23M 2,635.82M 3,150.52M 4,011.88M 4,325.27M
Total equity 5,221.93M 5,751.58M 6,519.23M 7,024.37M 8,012.68M
Operating cash flow 1,422.00M 1,302.05M 1,468.23M 1,465.67M 1,612.86M

Valuation Measures

Mar 2017
PER14.74
ROA11.04%
ROE17.22%
Operating margin16.18%
Profit margin15.42%

Key executives

  • Chief Executive Officer & Executive Director: Abidali Z. Neemuchwala
  • Co-President & Chief Human Resources Officer: Govil Saurabh
  • Co-President & Chief Operating Officer: B. M. Bhanumurthy
  • Chief Financial Officer & Senior Vice President: Jatin Pravinchandra Dalal
  • Chief Technology Officer: K. R. Sanjiv

Shareholders

  • PREMJI AZIM HASHAM (73.8%)
  • Life Insurance Corp. of India (3.1%)
  • ICICI Prudential Asset Management Co. Ltd. (1.7%)
  • First State Investment Management (UK) Ltd. (1.4%)
  • BlackRock Fund Advisors (0.9%)
  • The Vanguard Group, Inc. (0.5%)
  • Norges Bank Investment Management (0.4%)
  • T. Rowe Price Associates, Inc. (0.3%)
  • Alco Co. Pvt Ltd. (0.3%)
  • PREMJI AZIM PHILANTHROPIC INITIATIVES PVT LTD (0.3%)

Contact Details

  • Website:http://www.wipro.com
  • Address: Doddakannelli, Sarjapur Road, Bengaluru, 560035, India
  • Phone: +91.80.28440011

Related Companies

  • Wipro Data Centre & Cloud Services, Inc.
  • Wipro Limited
  • Wipro Ltd. /EcoEnergy Division/
  • Wipro Limited
  • Wipro Ltd Singapore
  • Wipro UK Ltd.
  • Wipro Australia Pty Ltd.
  • Wipro (Shanghai) Ltd.
  • Vignani Solutions Pvt Ltd.
  • Wipro Chengdu Ltd.
  • Wipro Singapore Pte Ltd.
  • Wipro Digital
  • Wipro Ventures
  • Sanoma Ojy /Finland & Netherlands ICT Businesses/
  • Wipro Networks Pte Ltd.
  • Wipro Arabia Ltd.
  • Wipro Enterprises (P) Ltd.
  • Wipro Ltd. (Indonesia)
  • L.D. Waxson Singapore Pte Ltd.
  • Yardley of London /Yardley European Ops/
  • Promax Applications Group
  • Wipro Ltd. /Water Purification & Treatment Buss/
  • Wipro Technologies SRL
  • Wipro Consumer Care Ltd.
  • Wipro Travel Services Ltd.
  • Wipro Chandrika Ltd.
  • Wipro Trademarks Holding Ltd.
  • RKM Equipamentos Hidraulicos Ltda.
  • SAIC Gulf LLC
  • SAIC India Private Ltd.

Competitors

  • Atos SE
  • Cognizant Technology Solutions Corporation Class A
  • Syntel, Inc
  • CMTSU Liquidation, Inc.
  • Genpact Limited
  • Virtusa Corporation
  • EPAM Systems, Inc.
  • Perficient, Inc.
  • Sopra Steria Group SA
  • Edgewater Technology, Inc.
  • Keyrus SA
  • Sify Technologies Limited Sponsored ADR
  • Globant SA
  • NetSol Technologies, Inc.
  • AMERI Holdings, Inc.
  • Hinduja Global Solutions Limited
  • Convergys Corporation
  • Cigniti Technologies Limited
  • Firstsource Solutions Limited
  • WNS (Holdings) Limited Sponsored ADR
  • Sykes Enterprises, Incorporated
  • BSQUARE Corporation
  • Cartesian, Inc.
  • Amdocs Limited
  • Information Services Group, Inc.
  • Radian Group Inc.
  • Ellie Mae, Inc.
  • Automatic Data Processing, Inc.
  • DY Corp
Last Updated on 20 Apr, 2018

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