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WIPRO - Fundamental Analysis: Financial Health & Valuation

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Rating: 3.9

Last Updated Time : 19 Mar 26, 07:11 pm

Fundamental Rating: 3.9

Stock Code WIPRO Market Cap 2,03,964 Cr. Current Price 194 ₹ High / Low 275 ₹
Stock P/E 17.0 Book Value 61.5 ₹ Dividend Yield 5.66 % ROCE 23.0 %
ROE 17.8 % Face Value 2.00 ₹ DMA 50 219 ₹ DMA 200 243 ₹
Chg in FII Hold -0.23 % Chg in DII Hold 0.52 % PAT Qtr 2,782 Cr. PAT Prev Qtr 2,614 Cr.
RSI 30.6 MACD -8.28 Volume 2,49,79,987 Avg Vol 1Wk 1,84,48,960
Low price 188 ₹ High price 275 ₹ PEG Ratio -4.25 Debt to equity 0.12
52w Index 7.11 % Qtr Profit Var -2.06 % EPS 11.5 ₹ Industry PE 20.9

📊 Financial Overview

  • Revenue & Profitability: Quarterly PAT at 2,782 Cr. vs 2,614 Cr. shows stability, though profit variation (-2.06%) indicates mild pressure. EPS at 11.5 ₹ is decent.
  • Margins & Returns: ROCE at 23.0% and ROE at 17.8% highlight strong efficiency and shareholder returns.
  • Debt: Debt-to-equity ratio of 0.12 reflects low leverage, ensuring financial stability.
  • Cash Flow: Supported by consistent operations and strong dividend payouts.

💹 Valuation

  • P/E Ratio: 17.0 vs Industry PE of 20.9 → Slightly undervalued relative to peers.
  • P/B Ratio: Current Price 194 ₹ vs Book Value 61.5 ₹ → Premium valuation.
  • PEG Ratio: -4.25 → Negative PEG highlights growth concerns.
  • Intrinsic Value: Current price offers fair value with limited upside.

🏢 Business Model & Competitive Advantage

  • Global IT services provider with diversified offerings in consulting, digital, and technology solutions.
  • Strong brand presence and established client base provide resilience.
  • High ROCE and ROE reflect efficient capital utilization.

📈 Technicals & Entry Zone

  • RSI at 30.6 → Oversold territory, potential accumulation zone.
  • MACD negative (-8.28) → Weak momentum, short-term caution advised.
  • Entry Zone: Attractive accumulation between 188–195 ₹.
  • Long-Term Holding: Suitable for dividend-focused investors, though growth concerns remain.

✅ Positive

  • Strong ROCE (23%) and ROE (17.8%) indicate efficient capital use.
  • Dividend yield of 5.66% provides attractive investor returns.
  • DII holdings increased by 0.52%, showing domestic institutional support.

⚠️ Limitation

  • Negative PEG ratio highlights weak growth prospects.
  • Quarterly profit variation (-2.06%) indicates mild earnings pressure.
  • Technical momentum remains weak with oversold RSI and negative MACD.

📉 Company Negative News

  • FII holdings decreased by 0.23%, showing reduced foreign investor confidence.
  • Stock has fallen significantly from its 52-week high of 275 ₹ to current levels.

📈 Company Positive News

  • DII holdings increased by 0.52%, reflecting domestic institutional support.
  • Dividend yield of 5.66% adds strong shareholder value.

🏭 Industry

  • Industry PE at 20.9 suggests sector trades at higher multiples.
  • WIPRO is slightly undervalued compared to peers, supported by strong returns but limited by growth concerns.

🔎 Conclusion

WIPRO demonstrates strong fundamentals with high ROCE, ROE, and an attractive dividend yield. While valuations are fair and slightly undervalued compared to industry peers, growth concerns and weak technical momentum limit upside potential. Entry is favorable near 188–195 ₹ for long-term investors seeking dividend stability. Suitable as a cautious long-term hold, with focus on income rather than aggressive growth.

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