Wipro Limited (WIT) Cash Flow Statement
Where WIT’s cash came from and went, FY2026
March 31, 2026 · Indian rupees- Cash from operations
- ₹149.32B −11.9% vs FY2025
- Capital expenditures
- ₹15.60B 1.7% of revenue
- Free cash flow
- ₹133.71B 14.4% margin
- Returned to shareholders
- ₹115.78B 87% of free cash flow
- Change in cash
- −₹16.42B cash at year-end ₹105.56B
Cash from operations
₹149.32B
Capital expenditures
−₹15.60B
Investments (net)
−₹21.07B
Acquisitions & other
+₹3.25B
Dividends
−₹115.78B
Net borrowing (repayment)
−₹18.31B
Other financing
−₹7.21B
Currency & other
+₹8.98B
Change in cash
−₹16.42B
Drawn to scale: where the cash came from and how it was used. Hover for values.
WIT operating cash flow, capex and free cash flow
Operating cash flowCapital expendituresFree cash flowFCF margin (right axis)
WIT cash flow trends, FY2017–FY2026
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Operating cash flow | ₹92.77BFY2017 | ₹149.32BFY2026 | +5.4%/yr | |
| Capital expenditures | ₹20.85BFY2017 | ₹15.60BFY2026 | −3.2%/yr | |
| Free cash flow | ₹71.92BFY2017 | ₹133.71BFY2026 | +7.1%/yr | |
| Free cash flow margin | 13.1%FY2017 | 14.4%FY2026 | +1.4 pts | |
| Operating cash flow / net income | 1.09FY2017 | 1.13FY2026 | +0.04 | |
| Stock-based compensation | ₹1.74BFY2017 | ₹4.46BFY2026 | +11.0%/yr | |
| Dividends paid | ₹8.73BFY2017 | ₹115.78BFY2026 | +33.3%/yr | |
| Share buybacks (net) | ₹25.00BFY2017 | ₹0FY2026 | −100.0% | |
| Capex / revenue | 3.8%FY2017 | 1.7%FY2026 | −2.1 pts |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
WIT cash flow by activity
OperatingInvestingFinancingChange in cash
WIT net income vs operating cash flow
Net incomeOperating cash flow
Operating cash flow above net income usually means earnings are backed by cash (depreciation and stock-based pay are non-cash expenses).
WIT cash flow statement in Indian rupees
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating activities | ||||||||||
| Net income | ₹132.66B | ₹132.18B | ₹110.45B | ₹113.67B | ₹122.33B | ₹108.66B | ₹97.71B | ₹90.17B | ₹80.08B | ₹85.14B |
| Depreciation & amortization | ₹29.11B | ₹29.58B | ₹34.07B | ₹33.40B | ₹30.91B | ₹27.66B | ₹20.86B | ₹17.85B | ₹21.12B | ₹19.91B |
| Stock-based compensation | ₹4.46B | ₹5.55B | ₹5.59B | ₹3.97B | ₹4.11B | ₹2.31B | ₹1.26B | ₹1.94B | ₹1.35B | ₹1.74B |
| Change in working capital | −₹14.50B | ₹10.27B | ₹18.05B | −₹14.56B | −₹36.49B | ₹22.92B | −₹23.86B | ₹27.16B | −₹936.0M | ₹4.54B |
| Other non-cash items | −₹2.41B | −₹8.16B | ₹8.05B | −₹5.88B | −₹10.06B | −₹14.00B | ₹4.66B | −₹20.81B | −₹17.39B | −₹18.56B |
| Cash from operating activities | ₹149.32B | ₹169.43B | ₹176.22B | ₹130.60B | ₹110.80B | ₹147.55B | ₹100.64B | ₹116.32B | ₹84.23B | ₹92.77B |
| Investing activities | ||||||||||
| Capital expenditures | −₹15.60B | −₹15.04B | −₹10.51B | −₹14.83B | −₹20.15B | −₹19.58B | −₹23.50B | −₹22.78B | −₹21.87B | −₹20.85B |
| Investments (net) | −₹21.07B | −₹80.73B | ₹11.68B | −₹84.06B | −₹60.10B | ₹16.81B | ₹34.58B | ₹24.34B | ₹47.97B | −₹83.68B |
| Acquisitions & other investing | ₹3.25B | ₹15.04B | ₹10.51B | ₹14.83B | −₹116.83B | ₹10.51B | ₹22.93B | ₹48.57B | ₹9.47B | −₹11.75B |
| Cash from investing activities | −₹33.42B | −₹80.73B | ₹11.68B | −₹84.06B | −₹197.09B | ₹7.74B | ₹34.01B | ₹50.13B | ₹35.58B | −₹116.28B |
| Financing activities | ||||||||||
| Dividends paid | −₹115.78B | −₹62.75B | −₹5.22B | −₹32.81B | −₹5.47B | −₹5.46B | −₹6.86B | −₹4.50B | −₹5.42B | −₹8.73B |
| Share repurchases & issuance (net) | ₹0 | ₹27.0M | −₹145.17B | ₹12.0M | ₹6.0M | −₹95.20B | −₹105.31B | ₹60.37B | −₹110.31B | −₹25.00B |
| Net borrowing (repayment) | −₹18.31B | ₹7.45B | −₹20.12B | −₹17.59B | ₹58.58B | −₹2.45B | −₹32.82B | −₹38.88B | −₹10.98B | ₹13.12B |
| Shares issued | ₹33.0M | ₹27.0M | ₹13.0M | ₹12.0M | ₹6.0M | ₹6.0M | ₹14.0M | ₹4.0M | ₹0 | ₹0 |
| Other financing | −₹7.21B | −₹8.72B | −₹12.07B | −₹10.50B | −₹6.54B | −₹25.74B | −₹6.02B | −₹66.36B | −₹3.26B | −₹2.14B |
| Cash from financing activities | −₹141.26B | −₹63.96B | −₹182.57B | −₹60.88B | ₹46.59B | −₹128.84B | −₹151.00B | −₹49.37B | −₹129.98B | −₹22.75B |
| Summary | ||||||||||
| Net change in cash | −₹16.42B | ₹25.02B | ₹5.09B | −₹11.97B | −₹65.83B | ₹25.56B | −₹14.42B | ₹117.60B | −₹9.79B | −₹47.67B |
| Cash at end of period | ₹105.56B | ₹121.97B | ₹96.95B | ₹91.86B | ₹103.83B | ₹169.66B | ₹144.10B | ₹158.53B | ₹40.93B | ₹50.72B |
| Free cash flow | ₹133.71B | ₹154.39B | ₹165.71B | ₹115.77B | ₹90.64B | ₹127.97B | ₹77.15B | ₹93.53B | ₹62.36B | ₹71.92B |
| Free cash flow margin | 14.4% | 17.3% | 18.5% | 12.8% | 11.5% | 20.7% | 12.6% | 16.0% | 11.4% | 13.1% |
| Capex / revenue | 1.7% | 1.7% | 1.2% | 1.6% | 2.5% | 3.2% | 3.9% | 3.9% | 4.0% | 3.8% |
| Operating cash flow / net income | 1.13 | 1.28 | 1.60 | 1.15 | 0.91 | 1.36 | 1.03 | 1.29 | 1.05 | 1.09 |
| Sep '26 | Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating activities | ||||||||||||
| Net income | ₹31.96B | ₹33.72B | ₹35.22B | ₹31.45B | ₹32.62B | ₹33.37B | ₹35.88B | ₹33.67B | ₹32.27B | ₹30.37B | ₹28.35B | ₹26.94B |
| Depreciation & amortization | ₹8.76B | ₹8.09B | ₹7.29B | ₹8.05B | ₹6.92B | ₹6.86B | ₹7.22B | ₹6.76B | ₹8.31B | ₹7.29B | ₹7.60B | ₹8.86B |
| Stock-based compensation | — | ₹601.0M | ₹1.40B | ₹1.36B | ₹1.26B | ₹436.0M | ₹1.20B | ₹1.72B | ₹1.30B | ₹1.33B | ₹1.30B | ₹1.19B |
| Change in working capital | ₹5.35B | −₹7.75B | −₹13.23B | ₹6.62B | −₹3.36B | −₹4.54B | −₹1.50B | ₹12.33B | −₹903.0M | ₹343.0M | ₹8.66B | ₹7.76B |
| Other non-cash items | ₹11.31B | ₹5.99B | ₹1.06B | −₹4.90B | −₹3.58B | ₹5.00B | −₹5.33B | −₹5.17B | ₹1.71B | ₹626.0M | ₹7.79B | ₹4.86B |
| Cash from operating activities | ₹57.38B | ₹40.65B | ₹31.73B | ₹42.59B | ₹33.87B | ₹41.12B | ₹37.47B | ₹49.31B | ₹42.69B | ₹39.96B | ₹53.69B | ₹49.61B |
| Investing activities | ||||||||||||
| Capital expenditures | −₹4.25B | −₹3.40B | −₹4.82B | −₹4.67B | −₹3.37B | −₹2.74B | −₹6.88B | −₹2.85B | −₹2.70B | −₹2.62B | −₹4.25B | −₹2.08B |
| Investments (net) | — | ₹125.37B | ₹17.00B | −₹56.20B | ₹25.64B | ₹2.42B | ₹28.86B | −₹23.87B | −₹53.87B | −₹36.05B | — | — |
| Acquisitions & other investing | −₹30.64B | −₹32.31B | ₹7.84B | −₹20.64B | ₹3.37B | ₹2.74B | ₹8.93B | ₹5.00B | ₹2.70B | ₹2.62B | −₹20.52B | −₹51.92B |
| Cash from investing activities | −₹34.90B | ₹89.66B | ₹20.03B | −₹81.50B | ₹25.64B | ₹2.42B | ₹30.91B | −₹21.72B | −₹53.87B | −₹36.05B | −₹24.77B | −₹53.99B |
| Financing activities | ||||||||||||
| Dividends paid | −₹19.83B | ₹0 | −₹63.42B | −₹52.35B | −₹52.35B | −₹569.0M | −₹62.75B | ₹0 | ₹0 | ₹0 | −₹5.22B | — |
| Share repurchases & issuance (net) | ₹835.5M | −₹154.26B | — | ₹30.0M | ₹24.0M | ₹21.0M | ₹27.0M | ₹21.0M | — | — | ₹80.2M | — |
| Net borrowing (repayment) | — | ₹6.84B | −₹3.84B | ₹27.53B | −₹3.70B | −₹38.31B | −₹7.68B | −₹3.32B | ₹18.00B | — | — | — |
| Shares issued | ₹0 | ₹30.0M | ₹3.0M | ₹6.0M | ₹3.0M | ₹21.0M | ₹6.0M | ₹8.0M | ₹3.0M | ₹10.0M | ₹0 | ₹0 |
| Other financing | ₹2.42B | ₹40.7M | −₹1.43B | ₹50.82B | −₹1.13B | −₹2.62B | −₹2.00B | −₹2.56B | −₹1.93B | −₹1.79B | −₹17.05B | −₹3.29B |
| Cash from financing activities | −₹16.58B | −₹147.35B | −₹68.69B | ₹26.03B | −₹57.15B | −₹41.45B | −₹72.40B | −₹5.85B | ₹16.07B | −₹1.78B | −₹22.19B | −₹3.29B |
| Summary | ||||||||||||
| Net change in cash | ₹6.44B | −₹17.01B | −₹13.36B | −₹11.92B | ₹5.07B | ₹3.79B | −₹3.75B | ₹21.17B | ₹6.27B | ₹1.33B | ₹5.84B | −₹6.78B |
| Cash at end of period | ₹95.63B | ₹89.00B | ₹105.56B | ₹118.91B | ₹130.84B | ₹125.76B | ₹121.97B | ₹125.73B | ₹104.56B | ₹98.28B | ₹96.95B | ₹91.11B |
| Free cash flow | ₹53.12B | ₹37.25B | ₹26.91B | ₹37.93B | ₹30.50B | ₹38.38B | ₹30.59B | ₹46.47B | ₹39.99B | ₹37.34B | ₹49.44B | ₹47.53B |
| Free cash flow margin | 21.5% | 15.1% | 11.1% | 16.1% | 13.4% | 17.3% | 13.6% | 20.8% | 17.9% | 17.0% | 22.3% | 21.4% |
| Capex / revenue | 1.7% | 1.4% | 2.0% | 2.0% | 1.5% | 1.2% | 3.1% | 1.3% | 1.2% | 1.2% | 1.9% | 0.9% |
| Operating cash flow / net income | 1.80 | 1.21 | 0.90 | 1.35 | 1.04 | 1.23 | 1.04 | 1.46 | 1.32 | 1.32 | 1.89 | 1.84 |
Negative numbers are cash paid out. Quarterly columns are labeled by the month the quarter ended. Figures in Indian rupees as reported; data from EODHD.
WIT cash generation
In fiscal 2026 (ended March 31, 2026), Wipro generated ₹149.3 billion of cash from operations (down 11.9%) and spent ₹15.6 billion on capital expenditures, leaving free cash flow of ₹133.7 billion, 14.4% of revenue. It returned ₹115.8 billion to shareholders through dividends (₹115.8 billion) and net share buybacks (₹0). Cash and equivalents fell by ₹16.4 billion over the year.
Related: WIT income statement, WIT balance sheet, WIT dividend history. See the WIT stock overview for the latest quote and news.
WIT cash flow FAQ
What is Wipro's free cash flow?
Wipro's free cash flow was ₹133.7 billion in fiscal 2026: ₹149.3 billion of operating cash flow minus ₹15.6 billion of capital expenditures It was ₹154.4 billion a year earlier..
How much cash does Wipro generate from operations?
Wipro generated ₹149.3 billion of cash from operating activities in fiscal 2026, 1.13 times its net income of ₹132.7 billion.
How much does Wipro spend on capital expenditures?
Wipro spent ₹15.6 billion on capital expenditures in fiscal 2026, 1.7% of revenue, compared with ₹15.0 billion the year before.
How much does Wipro pay in dividends?
Wipro paid ₹115.8 billion in dividends in fiscal 2026, 86.6% of free cash flow.