Projected Income Statement: Wipro Limited

Forecast Balance Sheet: Wipro Limited

Fiscal Period: March 2022 2023 2024 2025 2026 2027 2028 2029
Net Debt 1 -193,795 -251,019 -266,658 -371,631 -375,361 -285,444 -324,395 -386,763
Change - -29.53% -6.23% -39.37% -1% 23.95% -13.65% -19.23%
Announcement Date 4/29/22 4/27/23 4/19/24 4/16/25 4/16/26 - - -
1INR in Million
Estimates

Cash Flow Forecast: Wipro Limited

Fiscal Period: March 2022 2023 2024 2025 2026 2027 2028 2029
CAPEX 1 20,153 14,834 10,510 14,737 15,603 34,778 27,045 25,960
Change - -26.39% -29.15% 40.22% 5.88% 122.9% -22.24% -4.01%
Free Cash Flow (FCF) 1 90,644 115,767 165,706 154,689 133,713 137,181 145,884 150,352
Change - 27.72% 43.14% -6.65% -13.56% 2.59% 6.34% 3.06%
Announcement Date 4/29/22 4/27/23 4/19/24 4/16/25 4/16/26 - - -
1INR in Million
Estimates

Forecast Financial Ratios: Wipro Limited

Fiscal Period: March 2022 2023 2024 2025 2026 2027 2028 2029

Profitability

        
EBITDA Margin (%) 20.8% 18.62% 18.92% 20.3% 19.29% 19.47% 19.77% 19.71%
EBIT Margin (%) 17.19% 14.93% 15.12% 16.98% 16.43% 16.32% 16.58% 16.55%
EBT Margin (%) 19.13% 16.32% 16.4% 19.64% 18.72% 17.97% 18.3% 18.5%
Net margin (%) 15.45% 12.54% 12.31% 14.74% 14.25% 13.65% 13.81% 13.97%
FCF margin (%) 11.46% 12.79% 18.46% 17.36% 14.44% 13.89% 14.35% 14.38%
FCF / Net Income (%) 74.18% 102% 150.03% 117.76% 101.32% 101.75% 103.9% 102.98%

Profitability

        
ROA 12.79% 10.07% 9.49% 10.81% 9.79% 10% 10.33% 10.55%
ROE 20.18% 15.77% 14.43% 16.74% 15.49% 15.69% 16.51% 16.41%

Financial Health

        
Leverage (Debt/EBITDA) - - - - - - - -
Debt / Free cash flow - - - - - - - -

Capital Intensity

        
CAPEX / Current Assets (%) 2.55% 1.64% 1.17% 1.65% 1.68% 3.52% 2.66% 2.48%
CAPEX / EBITDA (%) 12.25% 8.8% 6.19% 8.15% 8.74% 18.09% 13.45% 12.6%
CAPEX / FCF (%) 22.23% 12.81% 6.34% 9.53% 11.67% 25.35% 18.54% 17.27%

Items per share

        
Cash flow per share 1 10.1 11.9 16.61 16.15 14.21 16.98 16.87 17.77
Change - 17.73% 39.59% -2.75% -12% 19.51% -0.64% 5.34%
Dividend per Share 1 3 0.5 0.5 6 11 8.97 11.16 11.15
Change - -83.33% 0% 1,100% 83.33% -18.45% 24.38% -0.04%
Book Value Per Share 1 60.03 71.3 71 78.65 83.92 82.02 85.21 91.46
Change - 18.78% -0.42% 10.78% 6.7% -2.27% 3.9% 7.32%
EPS 1 11.14 10.34 10.41 12.52 12.56 13.32 13.89 14.4
Change - -7.22% 0.68% 20.27% 0.32% 6.09% 4.27% 3.67%
Nbr of stocks (in thousands) 10,932,636 10,954,798 10,436,972 10,460,231 10,476,409 9,891,978 9,891,978 9,891,978
Announcement Date 4/29/22 4/27/23 4/19/24 4/16/25 4/16/26 - - -
1INR
Estimates
2027 *2028 *
P/E 13.2x 12.7x
PBR 2.15x 2.07x
EV / Sales 1.47x 1.39x
Yield 5.1% 6.34%

EPS & Dividend

Y-o-Y evolution of P/E

Year-on-year evolution of the Yield

Trader
Investor
Global
Quality
ESG MSCI
A
Sell
Consensus
Buy
Mean consensus
HOLD
Number of Analysts
40
Last Close Price
176.00INR
Average target price
177.75INR
Spread / Average Target
+0.99%

Quarterly revenue - Rate of surprise

  1. Stock Market
  2. Stocks
  3. WIPRO Stock
  4. Financials Wipro Limited