Wipro Ltd
About
Wipro was first established by Mohammad Hashim Premji in 1945 for the production of vegetable oils. His son, Azim Premji, took over the business in 1966 and steered it towards the information technology sector. With the help of partners like Salesforce and Oracle, Wipro has now become a multinational company that provides IT, consulting, cloud, and business process services. AI, banking, communication, energy, healthcare, and consumer products and services are the main sectors for which Wipro is well-known. The company is also known for their philanthropic work, pledging 67% of their economic interest towards social welfare, especially sustainable development. It aims to create economic value that is socially responsible and ecologically sustainable.
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Financial Data 2024
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Financial Data
| PARAMETERS | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (INR Cr) | 92363 -0.4% | 92747 13.9% | 81416 26.6% | 64307 1.0% | 63663 3.2% | 61700 8.3% | 56986 -1.6% | 57930 7.2% | 54057 8.9% | 49660 9.5% | 45340 16.6% | 38889 1.2% | 38445 20.6% | 31875 15.1% | 27683 5.0% | 26358 - |
| Net Operating Income (INR Cr) | 89760 -0.80% | 90488 14.09% | 79312 28.06% | 61935 1.30% | 61138 3.59% | 59019 8.32% | 54487 -1.73% | 55448 8.20% | 51244 9.14% | 46951 8.12% | 43424 16.01% | 37430 0.65% | 37188 19.81% | 31039 14.06% | 27213 5.89% | 25700 28.63% |
| Profit (INR Cr) | 11045 -2.7% | 11350 -7.2% | 12230 13.3% | 10796 11.1% | 9722 8.0% | 9004 12.5% | 8003 -5.8% | 8493 -4.7% | 8908 2.9% | 8661 9.0% | 7947 29.2% | 6150 9.7% | 5605 5.9% | 5292 14.3% | 4631 18.8% | 3900 - |
| Assets (INR Cr) | 96637 -2.0% | 98587 14.8% | 85887 27.0% | 67622 0.4% | 67337 -1.4% | 68261 6.6% | 64036 -5.4% | 67656 11.9% | 60447 32.8% | 45522 19.8% | 37991 13.9% | 33362 -0.1% | 33387 17.7% | 28374 15.6% | 24539 26.9% | 19343 - |
| Net Worth (INR Cr) | 74533 -4.0% | 77668 18.8% | 65403 19.1% | 54901 -0.8% | 55322 -2.0% | 56423 17.7% | 47926 -7.3% | 51670 12.0% | 46145 24.4% | 37092 15.5% | 32129 21.0% | 26565 -1.7% | 27017 20.2% | 22487 23.3% | 18244 33.9% | 13630 16.5% |
| Employee Cost (INR Cr) | 54930 2.2% | 53764 19.5% | 45008 35.4% | 33237 1.8% | 32657 8.9% | 29977 10.1% | 27222 1.6% | 26808 9.2% | 24553 9.1% | 22512 8.9% | 20682 14.9% | 17994 16.8% | 15407 21.1% | 12721 18.1% | 10773 0.2% | 10748 - |
| Interest Cost (INR Cr) | 1255 | 1008 | 533 | 509 | 733 | 738 | 583 | 594 | 558 | 350 | 383 | 289 | 344 | 193 | 123 | 240 |
| Cash & Bank Balance (INR Cr) | 9695 | 9188 | 10384 | 16979 | 14450 | 15853 | 4493 | 5271 | 9905 | 16619 | 11420 | 8484 | 7767 | 6114 | 6488 | 4912 |
| Total Debt (INR Cr) | 16465 | 17467 | 17593 | 10451 | 9724 | 9947 | 13901 | 14241 | 12522 | 7891 | 5159 | 6381 | 5896 | 5280 | 6251 | 5689 |
Key Financial Ratios
| PARAMETERS | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Profit As % Of Revenues | 12.0% | 12.2% | 15.0% | 16.8% | 15.3% | 14.6% | 14.0% | 14.7% | 16.5% | 17.4% | 17.5% | 15.8% | 14.6% | 16.6% | 16.7% | 14.8% |
| Profit As % Of Assets | 11.4% | 11.5% | 14.2% | 16.0% | 14.4% | 13.2% | 12.5% | 12.6% | 14.7% | 19.0% | 20.9% | 18.4% | 16.8% | 18.7% | 18.9% | 20.2% |
| Profit As % Of Networth | 14.8% | 14.6% | 18.7% | 19.7% | 17.6% | 16.0% | 16.7% | 16.4% | 19.3% | 23.4% | 24.7% | 23.2% | 20.7% | 23.5% | 25.4% | 28.6% |
| Interest Cost to EBITDA % | 7.5% | 6.0% | 3.2% | 3.4% | 5.9% | 6.4% | 5.6% | 5.3% | 5.2% | 3.4% | 4.0% | 3.8% | 4.9% | 3.0% | 2.1% | 4.9% |
| Debt to Equity Ratio | 0.22 | 0.22 | 0.27 | 0.19 | 0.18 | 0.18 | 0.29 | 0.28 | 0.27 | 0.21 | 0.16 | 0.24 | 0.22 | 0.23 | 0.34 | 0.42 |
| RONW | 14.6% | 15.9% | 20.4% | 19.7% | 17.5% | 17.3% | 16.1% | 17.4% | 21.5% | 25.2% | 27.2% | 23.0% | 22.5% | 25.8% | 28.8% | 30.6% |
| ROCE | 16.4% | 17.1% | 20.5% | 21.4% | 19.2% | 18.6% | 16.5% | 18.2% | 22.8% | 27.8% | 29.5% | 24.4% | 23.7% | 24.3% | 25.7% | 26.8% |