WIT
Wipro Limited (WIT)
Last Price$3.3(0.6%)
Market Cap$17.3B
$10.6B
-2.1% YoY
$1,480.5M
+9.9% YoY
($4,302.6M)
Net Debt to FCF - (2.9x)
$1,513.5M
14.3% margin

WIT Income Statement

WIT Income Statement Overview

Annual
Quarterly
LTM
Mar'15
Mar'16
Mar'17
Mar'18
Mar'19
Mar'20
Mar'21
Mar'22
Mar'23
Mar'24
$10.8B (0.8%) YoY
$3,213.6M 2.6% YoY
29.6% margin
Cost of revenue
$7,626.3M (2.2%) YoY
Operating income
$1,643.6M (2.5%) YoY
15.2% margin
Other: $50.5M
Net interest: $83.6M
Operating expenses
$1,570.0M 4.6% YoY
Pre-tax income
$1,777.8M (0.3%) YoY
16.4% margin
Net income
$1,333.9M (2.7%) YoY
12.3% margin
Income tax
$435.8M
24.5% tax rate
SG&A
$1,446.2M 4.3% YoY
13.3% of revenue

WIT Income statement key metrics

Annual
Quarterly
LTM

Revenue

$10.8B -0.8% YoY

Operating Income

$1.6B -2.5% YoY

Net Income

$1.3B -2.7% YoY

WIT Balance Sheet

WIT Balance Sheet Overview

Annual
Quarterly
LTM
Mar'15
Mar'16
Mar'17
Mar'18
Mar'19
Mar'20
Mar'21
Mar'22
Mar'23
Mar'24
Assets
Liabilities
Total assets
$13.8B
Current assets ($7,800.8M, 56.5% of total)
$4,889.0M (35.4%)
$2,385.6M (17.3%)
Other current assets
$526.2M (3.8%)
Non-current assets ($6,016.0M, 43.5% of total)
$271.8M (2.0%)
$392.6M (2.8%)
Other non-current assets
$4,157.9M (30.1%)
Financial position
($2,915.0M)
$4,889.0M$1,974.0M
Cash & Short-term Investments
Total Debt

WIT Balance Sheet Metrics

Annual
Quarterly
LTM

Assets

$13.8B -2.0% YoY

Liabilities

$4,810.4M +1.8% YoY

Shareholder's Equity

$9,006.4M -3.9% YoY

WIT Cash Flow Statement

WIT Cash Flow Statement Overview

Annual
Quarterly
LTM
Mar'15
Mar'16
Mar'17
Mar'18
Mar'19
Mar'20
Mar'21
Mar'22
Mar'23
Mar'24
Cash Beginning of PeriodOperating Cash FlowInvesting Cash FlowFinancing Cash FlowForex Changes on CashCash End of Period$1,109.4M$2,128.1M$141.1M($2,204.8M)($2,886.3K)$1,170.8M

WIT Cash Flow Statement key metrics

Annual
Quarterly
LTM

Operating Cash Flow (OCF)

$2,128.1M +39.1% YoY

Capital Expenditure (CAPEX)

($126.9M) -29.1% YoY

Free Cash Flow (FCF)

$2,001.1M +47.8% YoY

WIT Financials

USD
INR
Millions
Billions
Annual
Quarterly
Trailing
Key stats
Income statement
Balance sheet
Cash Flow Statement
Valuation
Ratios
Per share
Per employee
Dividends & Yields
Mar'05Mar'06Mar'07Mar'08Mar'09Mar'10Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
% growth
1,816.9
40.3%
2,407.2
32.5%
3,322.1
38.0%
4,913.2
47.9%
5,623.0
14.4%
5,740.1
2.1%
5,963.2
3.9%
6,681.9
12.1%
6,885.8
3.1%
7,204.2
4.6%
7,680.4
6.6%
7,834.5
2.0%
8,207.1
4.8%
8,448.1
2.9%
8,388.1
(0.7%)
8,605.6
2.6%
8,341.5
(3.1%)
10,614.1
27.2%
11,271.0
6.2%
10,839.9
(3.8%)
Cost of Goods Sold (COGS)1,202.51,625.42,271.93,465.03,944.73,932.14,099.74,733.34,795.84,901.95,255.35,453.85,838.45,978.25,913.86,149.85,699.17,459.68,039.67,626.3
% margin
614.4
33.8%
781.8
32.5%
1,050.2
31.6%
1,448.2
29.5%
1,678.3
29.8%
1,808.0
31.5%
1,863.5
31.2%
1,948.6
29.2%
2,089.9
30.4%
2,302.3
32.0%
2,425.1
31.6%
2,380.7
30.4%
2,368.8
28.9%
2,469.8
29.2%
2,474.3
29.5%
2,455.9
28.5%
2,642.5
31.7%
3,154.5
29.7%
3,231.4
28.7%
3,213.6
29.6%
Operating Expenses215.5283.3386.2609.2696.6713.7678.5762.4850.8875.7923.8958.91,025.21,186.01,089.81,009.51,025.71,330.31,548.21,570.0
Research & Development Expenses (R&D)5.94.65.710.00.00.00.00.00.044.141.139.249.847.156.465.149.939.345.80.0
Selling, General & Administrative Expenses (SG&A)205.8272.3373.7612.9696.6705.6678.5735.4810.8839.9885.6904.2962.01,186.01,152.01,025.71,024.61,258.81,430.01,446.2
398.9
22.0%
498.5
20.7%
664.0
20.0%
839.0
17.1%
947.8
16.9%
1,094.3
19.1%
1,196.0
20.1%
1,255.9
18.8%
1,287.4
18.7%
1,482.3
20.6%
1,560.9
20.3%
1,480.9
18.9%
1,399.8
17.1%
1,307.0
15.5%
1,430.5
17.1%
1,491.0
17.3%
1,657.1
19.9%
1,882.6
17.7%
1,738.9
15.4%
1,643.6
15.2%
Interest Income0.00.00.037.543.092.088.7136.9155.0207.2256.6311.3269.4276.1290.1306.9248.3176.0210.4235.2
Interest Expense0.00.00.026.527.027.916.919.615.914.412.618.439.953.580.472.457.971.5125.5151.6
Pre-tax Income415.5533.9730.2899.3982.71,169.51,299.41,373.61,446.01,675.61,826.81,757.21,645.51,588.81,652.51,727.71,871.92,030.11,839.21,777.8
% effective tax rate
60.5
14.6%
74.1
13.9%
82.4
11.3%
96.4
10.7%
132.1
13.4%
196.2
16.8%
195.0
15.0%
271.6
19.8%
311.2
21.5%
374.9
22.4%
402.8
22.0%
387.8
22.1%
376.0
22.8%
347.2
21.8%
361.4
21.9%
349.7
20.2%
408.6
21.8%
388.4
19.1%
423.4
23.0%
435.8
24.5%
% margin
354.0
19.5%
459.9
19.1%
648.7
19.5%
802.3
16.3%
850.6
15.1%
969.4
16.9%
1,163.9
19.5%
1,168.3
17.5%
1,220.9
17.7%
1,293.4
18.0%
1,415.4
18.4%
1,361.8
17.4%
1,265.9
15.4%
1,241.6
14.7%
1,289.1
15.4%
1,371.0
15.9%
1,453.6
17.4%
1,639.8
15.4%
1,413.7
12.5%
1,333.9
12.3%
EPS0.060.070.100.120.130.130.180.180.190.200.220.210.200.200.210.240.260.300.260.25
Diluted EPS0.060.070.100.120.130.130.180.180.190.200.220.210.190.200.210.230.260.300.260.25
% margin
464.4
25.6%
586.0
24.3%
759.9
22.9%
1,076.8
21.9%
1,161.8
20.7%
1,362.8
23.7%
1,593.4
26.7%
1,740.7
26.1%
1,694.9
24.6%
1,610.8
22.4%
2,095.4
27.3%
1,650.5
21.1%
1,984.4
24.2%
1,959.9
23.2%
1,641.5
19.6%
1,724.4
20.0%
2,267.9
27.2%
2,218.3
20.9%
2,358.9
20.9%
2,340.8
21.6%