Company Overview

Wipro Limited is a global information technology, consulting, and business process services company that uses AI to build innovative solutions, helping clients achieve their most ambitious business goals. Founded in 1945 and headquartered in Bengaluru, India, Wipro is the 4th largest Indian player in the global IT services industry, positioned behind TCS, Infosys, and HCL Technologies. The company operates with a core value of unyielding integrity, which guides its character and all of its business activities.

Business Operations and Global Presence

The company employs a global workforce of over 230,000 people across 65 countries to serve its customers and communities worldwide. Wipro's operations are primarily structured around its key business segments:

Key Business Segments

- IT Services Segment: This segment provides comprehensive digital strategy advice, customer-centric design, IT consulting, re-engineering and maintenance services, systems integration, implementation, infrastructure management, analytics, business process outsourcing, research and development, and hardware and software design services to enterprises.

- IT Products Segment: This segment offers a range of third-party IT products, including enterprise platforms, networking solutions, software and data storage products, contact center infrastructure, enterprise security solutions, IT optimization technologies, video solutions, and end-user computing solutions.

Industry Focus and Market Reach

Wipro serves customers across a diverse range of industry sectors, including:

- Communications, Media and Information Services

- Software and Gaming

- New Age Technology

- Consumer Goods

- Healthcare, Medical Devices and Life Sciences

- Technology Products and Services

- Banking and Financial Services

- Energy, Manufacturing and Resources

- Capital Markets and Insurance

- Hi-Tech

The company serves enterprises primarily in the Indian market within sectors such as government, defense, IT and IT-enabled services, telecommunications, manufacturing, utilities, education, and financial services.

Financial Performance

Market Capitalization and Stock Performance

As of September 2025, Wipro Limited has a market capitalization of approximately ₹2.68 trillion (also reported as ₹2,56,743 Crore). Key financial ratios include a P/E ratio (TTM) of 19.53, a P/B ratio of 3.20, and a dividend yield of 2.39%.

Recent Financial Results

- Q1 FY26 Performance (ended June 30, 2025):

- Gross revenue at ₹221.3 billion (USD 2,581.6 million), representing a decrease of 1.6% QoQ and an increase of 0.8% YoY.

- IT services segment revenue was at USD 2,587.4 million, a decrease of 0.3% QoQ and 1.5% YoY.

- IT services operating margin for Q1 FY26 was at 17.3%, showing a contraction of 0.2% QoQ but an expansion of 0.8% YoY.

- Net income for the quarter was at ₹33.3 billion (USD 388.4 million), a decrease of 6.7% QoQ but an increase of 10.9% YoY.

- Q4 FY25 Performance (ended March 31, 2025):

- Gross revenue at ₹225.0 billion ($2,634.2 million), an increase of 0.8% QoQ and 1.3% YoY.

- IT services operating margin for Q4 FY25 was at 17.5%, flat QoQ but an expansion of 1.1% YoY.

- Net income for the quarter was at ₹35.7 billion ($417.8 million), an increase of 6.4% QoQ and 25.9% YoY.

Growth Metrics and Operational Performance

The company has demonstrated a sales growth of 7.82% over the past five years. Wipro Limited's EBITDA stands at ₹179.65 billion INR, with a current EBITDA margin of 20.23%.

Total bookings in Q1 FY26 reached USD 4,971 million, marking a significant increase of 24.1% QoQ and 50.7% YoY in constant currency. Large deal bookings were particularly strong at USD 2,666 million, up by 49.7% QoQ and 130.8% YoY in constant currency.

Strategic Initiatives and Investments

Wipro continues to make substantial investments in artificial intelligence and digital transformation capabilities. The company has launched Wipro ai360, backed by a USD 1 billion investment, solidifying Wipro's position as a leading transformation partner that drives results and innovation for its clients' businesses.

Recent Business Developments

- In September 2025, Wipro and CrowdStrike collaborated to launch CyberShield MDR, a managed security service powered by Falcon SIEM.

- The company secured a significant 10-year deal with Phoenix Group, the UK's largest long-term savings and retirement business, to provide life and pension business administration services through Wipro Financial Services Outsourcing Limited (WFOSL).

Corporate Governance

Promoter holding stands at 72.7%, reflecting strong promoter confidence in the company. Voluntary attrition was reported at 14.5% on a trailing 12-month basis, indicating Wipro's focus on talent retention within a competitive market landscape.

Wipro Limited continues to strengthen its position as a leading global technology services provider, emphasizing AI-powered solutions, strategic client partnerships, and operational excellence while effectively navigating the evolving IT services landscape.