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Technology Services

Wipro Ltd.

  • 324.80 INR
  • +0.80
  • +0.25%
  • India
    Oct 17, 2018
  • Ticker
    BOM(507685)
  • Prev. close
    324.00
  • Market cap (INR)
    1,465.80B
  • Market cap (USD)
    19,909.02M
  • Shares
    4,524.07M

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, which engages in the development and integration of solutions. 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. The company was founded on December 29, 1945 and is headquartered in Bangalore, India.

Financial Highlights

Mar 2018 INRUSD
Revenue544,871M8,452.06M
Gross Profit155,825M2,417.16M
Operating income83,449M1,294.46M
Income before tax102,474M1,589.58M
Net income80,081M1,242.21M
EBITDA103,930M1,612.16M
Diluted EPS16.830.26
Dividends Per Share10.01
Total Assets760,640M11,662.37M
Total liabilities275,294M4,220.89M
Total equity482,936M7,404.53M
Operating cash flow96,066M1,490.17M
Currency in INRCurrency in USD

Historical Data

 Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018
Revenue 434,269M 469,545M 512,440M 550,402M 544,871M
Gross Profit 138,243M 147,052M 154,271M 156,060M 155,825M
Operating income 85,995M 91,786M 92,993M 89,076M 83,449M
Income before tax 101,005M 111,683M 114,933M 110,356M 102,474M
Net income 77,967M 86,528M 89,075M 84,895M 80,081M
EBITDA 97,101M 104,609M 107,958M 109,127M 103,930M
Diluted EPS 15.83 17.57 18.09 17.42 16.83
Dividends Per Share 4 6 3 1 1
Total Assets 502,304M 606,792M 733,061M 793,516M 760,640M
Total liabilities 157,418M 197,164M 265,677M 270,821M 275,294M
Total equity 343,499M 407,982M 465,172M 520,304M 482,936M
Operating cash flow 78,689M 89,773M 95,959M 108,154M 96,066M
 Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018
Revenue 7,185.80M 7,679.39M 7,826.99M 8,207.96M 8,452.06M
Gross Profit 2,287.49M 2,405.03M 2,356.33M 2,327.27M 2,417.16M
Operating income 1,422.95M 1,501.15M 1,420.37M 1,328.36M 1,294.46M
Income before tax 1,671.32M 1,826.57M 1,755.48M 1,645.70M 1,589.58M
Net income 1,290.11M 1,415.16M 1,360.52M 1,266.01M 1,242.21M
EBITDA 1,606.72M 1,710.87M 1,648.94M 1,627.37M 1,612.16M
Diluted EPS 0.26 0.28 0.27 0.25 0.26
Dividends Per Share 0.06 0.09 0.04 0.01 0.01
Total Assets 8,410.63M 9,696.06M 11,069.66M 12,220.15M 11,662.37M
Total liabilities 2,635.82M 3,150.52M 4,011.88M 4,170.64M 4,220.89M
Total equity 5,751.58M 6,519.23M 7,024.37M 8,012.68M 7,404.53M
Operating cash flow 1,302.05M 1,468.23M 1,465.67M 1,612.86M 1,490.17M

Valuation Measures

Mar 2018
PER16.69
ROA10.30%
ROE15.96%
Operating margin15.31%
Profit margin14.69%

Key executives

  • Chief Executive Officer & Executive Director: Abidali Z. Neemuchwala
  • Co-President & Chief Operating Officer: B. M. Bhanumurthy
  • Co-President & Chief Human Resources Officer: Saurabh Govil
  • 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 (3.0%)
  • ICICI Prudential Asset Management Co. Ltd. (1.3%)
  • First State Investment Management (UK) Ltd. (1.2%)
  • BlackRock Fund Advisors (0.9%)
  • The Vanguard Group, Inc. (0.5%)
  • Norges Bank Investment Management (0.4%)
  • Alco Co. Pvt Ltd. (0.3%)
  • SBI Funds Management 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 Unza Singapore Pte Ltd.
  • 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
  • Virtusa Corporation
  • CMTSU Liquidation, Inc.
  • Tieto Oyj
  • Singapore Telecommunications Limited
  • Genpact Limited
  • EPAM Systems, Inc.
  • Perficient, Inc.
  • Sopra Steria Group SA
  • Edgewater Technology, Inc.
  • Sify Technologies Limited Sponsored ADR
  • NetSol Technologies, Inc.
  • Globant SA
  • AMERI Holdings, Inc.
  • Hinduja Global Solutions Limited
  • Teleperformance SE
  • Cigniti Technologies Limited
  • Firstsource Solutions Limited
  • WNS (Holdings) Limited Sponsored ADR
  • Sykes Enterprises, Incorporated
  • BSQUARE Corporation
  • Amdocs Limited
  • Altran Technologies SA
  • CLPS, Inc.
  • Information Services Group, Inc.
  • Radian Group Inc.
  • Ellie Mae, Inc.
  • Automatic Data Processing, Inc.
  • DY Corp
Last Updated on 17 Oct, 2018

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