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Wipro Limited (507685) Fair Value & Analysis

Technology · IN · Market cap ₹2.0T (≈ $20.9B) · ISIN INE075A01022

What is Wipro Limited really worth?

WL Wipro Limited 507685 · BSE
Price₹176.80
Fair Value₹193.38
Upside+9.4%
Quality61/100

A solid business, currently priced close to our fair value of ₹193.38.

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Strengths

Solidly profitable · 15.8% net margin
Low debt

Risks

!Mixed Growth (revenue 5y +7.9 %/yr)
!Moderate moat 64/100

For context

·1.13% dividend yield
Evidence: High Range ₹134.17 – ₹254.08

Fair value as of: Aug 15, 2026

From 26 valuation models · updated 20 days ago

Share price −5.0% over the past month.

What runs behind every stock

69 individual criteria per stock, every one traceable See the method →

What matters now

  • The price sits close to our fair value, market and models broadly agree here, little valuation tension.
  • A fairly wide model range (₹134.17 to ₹254.08) leaves room in how you read the outcome.

Price vs Fair Value (5 years)

₹329.44 ₹164.70 Fair Value ₹193.38 Apr 2021 Sep 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 15, 2026.

How to read this chart

60‑month range ₹164.70 – ₹329.44 · fair‑value band ₹134.17 – ₹254.08 · the ₹176.80 price screens below the ₹193.38 fair value. Dashed = 300-day average. As of Aug 15, 2026.

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Analysis

Wipro Limited (507685) currently trades at ₹176.80, while our model-based Fair Value estimate is ₹193.38, implying the stock looks roughly 8.6% fairly valued today. The Quality Score stands at 61/100 (solid quality), in the Technology sector. Bull case: the Growth Earnings group reads highest at a median of ₹296.79 per share, and 18 of the 26 models we run sit above the ₹176.80 price. Bear case: the Asset-Based group reads lowest at ₹53.05, and 8 of the 26 models stay below the price. Evidence for this calculation is high.

Over the trailing twelve months, Wipro Limited generated revenue of ₹612B at a net margin of 15.8%. Revenue declined 0.1% year over year. It earns a return on equity of 17.2%. The stock trades on a trailing P/E of 10.4. Fundamentals as of Aug 15, 2026

Our scenario range runs from ₹134.17 (bear case) to ₹254.08 (bull case); at ₹176.80, the current price sits within that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 33% below its 52-week high and 6% above its 52-week low, currently below its 200-day average. For context, the median of 10 Technology peers we cover trades at 57% fair-value upside, at 9%, 507685 screens richer than that median.

Fair Value models

This estimate rests on fiscal year 2025 figures, and about 12 months have passed since. In that time the company retained roughly ₹14.88 per share, which is 7.7 % of the fair value. The fair value deliberately does not add this in: the models value reported figures, not a projection.

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted, family-balanced blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small. Every input is real reported data, nothing guessed.

Model Bear Bear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull Bull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. Evidence
Highest evidence
FCF DCF best evidence ₹174.95 ₹272.61 ₹426.25 78
Growth DCF ₹179.23 ₹267.51 ₹398.84 76
Owner Earnings ₹165.40 ₹257.70 ₹402.91 75
All 26 models by family
DCF Models
FCF DCF best evidence ₹174.95 ₹272.61 ₹426.25 78
Owner Earnings ₹165.40 ₹257.70 ₹402.91 75
5Y Revenue Exit ₹142.63 ₹219.10 ₹314.95 71
5Y EBITDA Exit ₹196.86 ₹319.18 ₹460.06 73
5Y P/E Exit ₹214.64 ₹351.99 ₹494.24 69
10Y Revenue Exit ₹148.32 ₹221.38 ₹316.12 65
10Y EBITDA Exit ₹187.62 ₹291.95 ₹428.04 67
10Y P/E Exit ₹199.15 ₹315.09 ₹454.40 62
Earnings-Based
Graham-Dodd ₹85.39 ₹247.53 ₹326.79 62
Lynch FV ₹51.25 ₹73.21 ₹95.17 58
PEG = 1.0 ₹51.25 ₹73.21 ₹95.17 55
EPV ₹121.91 ₹143.25 ₹162.21 72
Dividend Discount
Gordon GGM ₹57.70 ₹125.98 ₹211.96 63
DDM Multi-Stage ₹57.70 ₹94.33 ₹131.29 64
Multiples
P/E Multiple ₹263.71 ₹351.61 ₹439.51 61
P/S Multiple ₹160.11 ₹213.48 ₹266.85 56
P/B Multiple ₹160.11 ₹213.48 ₹266.85 53
EV/EBIT ₹261.31 ₹348.08 ₹434.85 65
EV/EBITDA ₹234.41 ₹312.21 ₹390.01 66
EV/Revenue ₹132.60 ₹189.00 ₹245.40 52
Asset-Based
NCAV (Graham) ₹39.59 ₹53.05 ₹79.19 52
Growth DCF
Growth DCF ₹179.23 ₹267.51 ₹398.84 76
Rev-Margin DCF ₹142.63 ₹220.21 ₹308.04 71
Economic Profit
Residual Income ₹85.76 ₹109.30 ₹288.07 67
ROIC Compounder ₹129.43 ₹165.49 ₹209.16 71
Growth Earnings
Growth-Adj P/E ₹207.75 ₹296.79 ₹385.82 66

Widest divergence: Growth Earnings (₹296.79) versus Asset-Based (₹53.05). Highest evidence: FCF DCF (78).

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Key figures & financial health

P/E ratio 10.4
P/S ratio 1.53 P/E × margin
EPS (TTM) ₹16.88 price ÷ EPS = P/E 10.4
Dividend yield 1.1% payout 11.8%
Net margin 14.7% FY2025
Return on equity 17.2% TTM
More key figures
Profitability
Return on assets (EBIT) 12.6% avg 5y
Operating margin 17.2% TTM
Growth
Revenue (TTM) ₹612B TTM
Revenue growth (YoY) −0.1% 3y avg +4.0%
EPS growth (YoY) +0.7%

Figures from reported company fundamentals · as of Aug 15, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 61/100

Of which business quality 61 · Market factors (momentum, volatility) 39

Profitability 55
Margins and returns on capital today
Quality Growth 34
Are margins and returns improving?
Cashflow 72
Earnings quality: real cash, not paper profit
Fin. Strength 82
Balance sheet, leverage, solvency risk
Investment 77
Disciplined investing over empire-building
Low Volatility 85
Calm price path (market factor)
Momentum 27
Price trend over the last 3–12 months (market factor)
52W Momentum 7
Distance to the 52-week high (market factor)
Net Issuance 39
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

All values are scores from 0 to 100 (100 = best against fixed, research-based bands), not percentages. The three market factors (momentum, 52-week proximity, low volatility) are displayed but carry zero weight in the headline number: market sentiment is not a business property.

About the company

Wipro Limited operates as an information technology (IT), consulting, and business process services (BPS) company worldwide. It operates in three segments: IT Services, IT Products, and India State Run Enterprise Services (ISRE).

Full company description

Wipro Limited operates as an information technology (IT), consulting, and business process services (BPS) company worldwide. It operates in three segments: IT Services, IT Products, and India State Run Enterprise Services (ISRE). The IT Services segment offers IT and IT-enabled services, including digital strategy advisory, customer-centric design, technology consulting, IT consulting, custom application design, development, re-engineering and maintenance, systems integration, package implementation, infrastructure, analytics, business process, research and development, and hardware and software design services to enterprises. It serves customers in various industry verticals, such as banking, financial services, and insurance; health business; consumer business; energy, natural resources, and utilities; manufacturing; technology; and communications. The IT Products segment provides a range of third-party IT products comprising enterprise platforms, networking solutions, software and data storage products, contact center infrastructure, enterprise security, IT optimization technologies, video solutions, and end-user computing solutions. It serves enterprises in various industries primarily in the India market, which comprise the government, defense, IT and IT-enabled services, telecommunications, manufacturing, utilities, education, and financial services sectors. The ISRE segment offers IT services to entities and/or departments owned or controlled by the Government of India and/or various Indian State Governments. The company has research collaboration agreements with the University of Texas at Austin; Tel Aviv University, Israel; Swinburne University, Melbourne; IIT Kharagpur; IIT Madras; IISc Bangalore; and University of Agricultural Sciences, Bangalore; and strategic relationship with Amazon Web Services in the area of DevOps. Wipro Limited was founded in 1945 and is based in Bengaluru, India.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Wipro Limited reported revenue of ₹891B in FY2025 versus ₹619B in FY2021, a compound +9.5%/yr. Reported net income was ₹131B in FY2025, compounding +5.0%/yr from FY2021.

Growth Quality 80/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
₹891B
Latest YoY
−0.7%
Avg. revenue growth/yr (3Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+4.0%
Avg. revenue growth/yr (5Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+7.9%
Avg. revenue growth/yr (11Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+6.8%
Value creation/yr (5Y, in INR) Earnings growth per share (CAGR 5 years) plus dividend yield: value created per share and year. Measured in INR: this currency has depreciated against the euro and dollar over the long run, so part of the nominal rate is currency erosion that never reaches a EUR/USD investor.
−7.6% (−8.7 + 1.1)
Revenue +9.5%/yr
FY21 ₹619B
FY22 ₹791B
FY23 ₹905B
FY24 ₹898B
FY25 ₹891B
Net income +5.0%/yr
FY21 ₹108B
FY22 ₹122B
FY23 ₹114B
FY24 ₹110B
FY25 ₹131B

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Cite: Fair Value Calculator (2026). "Wipro Limited Fair Value". https://www.fairvalue-calculator.com/stock/507685

Peer Group

Other · 129 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Quality Score 61 · Top 25%
Fair Value upside +5% · Above median
Return on equity (TTM) 17% · Top 25%
Return on assets 8% · Top 25%
Net margin (TTM) 16% · Top 25%
Operating margin (TTM) 17% · Top 25%
Revenue growth 0% · Below median
Dividend yield (TTM) 1.1% · Below median
Debt / equity 0.08× · Higher than median

Valuation Multiples vs Other median · lower = cheaper

P/E (TTM) 10.4× · Cheaper than median
P/B 2.38× · Pricier than 75% of peers
P/S (TTM) 3.23× · Pricier than 75% of peers
EV/EBITDA 16.1× · Pricier than 75% of peers

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

Similar stocks

10 more Information Technology Services stocks, each showing price versus our Fair Value estimate (as of Aug 15, 2026).

Stock Price Fair Value vs Fair Value
International Business Machines Corporation IBM $235.59 $175.76 −25%
Accenture plc ACN $189.61 $334.27 +76%
Tata Consultancy Services Limited TCS ₹2,302 ₹3,473 +51%
Infosys Limited INFY ₹1,156 ₹1,958 +69%
HCL Technologies Limited HCLTECH ₹1,282 ₹1,722 +34%
Fiserv, Inc FI C$5.13 C$8.07 +57%
Fidelity National Information Services, Inc FIS $41.34 $19.28 −53%
Cognizant Technology Solutions Corporation CTSH $64.04 $132.01 +106%
Capgemini SE CAP €109.45 €222.79 +104%
CDW Corporation CDW $153.92 $179.36 +17%

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Frequently asked questions

Is Wipro Limited (507685) overvalued or undervalued?
As of Aug 15, 2026, our model estimates a fair value of ₹193.38 versus a price of ₹176.80, about +9% upside (fairly valued).
What is the fair value of 507685?
Our model-based fair value for Wipro Limited is ₹193.38 (as of Aug 15, 2026), built from audited fundamentals. The current price: ₹176.80.
What is the quality score of 507685?
Wipro Limited has a Quality Score of 61/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the revenue of Wipro Limited (507685)?
Wipro Limited reported trailing-twelve-month revenue of about ₹612B (latest available figure, as of Aug 15, 2026).
What is the net profit margin of 507685?
The net profit margin of Wipro Limited is about 15.8%, meaning it keeps roughly 15.8% of revenue as net income. Based on the latest reported figures.
Does Wipro Limited pay a dividend?
Wipro Limited currently shows a dividend yield of about 1.13% relative to its recent price (as of Aug 15, 2026).
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