Wipro Limited (WIT) Key Metrics
WIT key metrics, FY2017–FY2026
Fiscal year ended March 31, 2026 · Indian rupeesWIT returns How much profit the business earns on the capital it uses.
WIT financial health Debt, liquidity and how easily interest is covered.
WIT efficiency & capital use Working capital cycle and where the cash goes.
WIT returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
WIT debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
WIT cash returned to shareholders
WIT key metrics in Indian rupees
FY2017–FY2026| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Returns & profitability | ||||||||||
| Return on equity (ROE) | 15.4% | 16.6% | 14.4% | 15.8% | 20.2% | 19.4% | 17.3% | 17.1% | 16.0% | 17.2% |
| Return on invested capital (ROIC) | 22.2% | 22.9% | 19.1% | 20.1% | 27.7% | 30.5% | 27.7% | 25.4% | 20.4% | 23.8% |
| Return on assets (ROA) | 9.8% | 10.8% | 9.5% | 10.1% | 12.8% | 13.1% | 11.8% | 11.3% | 10.3% | 11.2% |
| Return on tangible assets | 13.2% | 14.1% | 13.7% | 13.8% | 15.5% | 15.8% | 14.6% | 12.9% | 13.0% | 13.2% |
| Free cash flow margin | 14.4% | 17.3% | 18.5% | 12.8% | 11.5% | 20.7% | 12.6% | 16.0% | 11.4% | 13.1% |
| Income quality (OCF / net income) | 1.13 | 1.29 | 1.60 | 1.15 | 0.91 | 1.37 | 1.04 | 1.29 | 1.05 | 1.09 |
| Financial health | ||||||||||
| Total debt | ₹202.91B | ₹192.03B | ₹164.65B | ₹174.67B | ₹175.93B | ₹104.51B | ₹97.24B | ₹99.47B | ₹138.26B | ₹142.41B |
| Cash & short-term investments | ₹543.62B | ₹532.37B | ₹410.01B | ₹401.87B | ₹351.28B | ₹346.12B | ₹335.18B | ₹379.25B | ₹294.02B | ₹344.74B |
| Net debt | −₹340.71B | −₹340.34B | −₹245.36B | −₹227.20B | −₹175.35B | −₹241.60B | −₹237.94B | −₹279.78B | −₹155.76B | −₹202.33B |
| Debt / equity | 0.23 | 0.23 | 0.22 | 0.22 | 0.27 | 0.19 | 0.17 | 0.18 | 0.29 | 0.27 |
| Debt / assets | 0.14 | 0.15 | 0.14 | 0.15 | 0.16 | 0.13 | 0.12 | 0.12 | 0.18 | 0.18 |
| Net debt / EBITDA | −1.58 | −1.59 | −1.29 | −1.20 | −0.94 | −1.41 | −1.60 | −2.01 | −1.23 | −1.52 |
| Current ratio | 2.05 | 2.72 | 2.58 | 2.47 | 2.01 | 2.28 | 2.40 | 2.67 | 2.37 | 2.35 |
| Quick ratio | 2.05 | 2.71 | 2.57 | 2.46 | 2.01 | 2.28 | 2.39 | 2.65 | 2.35 | 2.33 |
| Interest coverage | 11.0 | 16.3 | 10.7 | 13.4 | 25.5 | 28.6 | 20.6 | 17.8 | 24.4 | 49.0 |
| Working capital | ₹423.12B | ₹491.52B | ₹398.20B | ₹393.34B | ₹312.42B | ₹295.29B | ₹303.46B | ₹357.56B | ₹292.65B | ₹309.36B |
| Invested capital | ₹544.65B | ₹487.97B | ₹504.52B | ₹553.96B | ₹482.81B | ₹311.49B | ₹319.51B | ₹288.34B | ₹327.18B | ₹317.98B |
| Tangible asset value | ₹471.30B | ₹477.98B | ₹402.47B | ₹430.74B | ₹368.13B | ₹404.40B | ₹407.42B | ₹433.69B | ₹340.85B | ₹370.46B |
| Net current asset value | ₹294.97B | ₹321.70B | ₹249.43B | ₹267.03B | ₹200.24B | ₹248.37B | ₹262.12B | ₹309.49B | ₹230.86B | ₹268.08B |
| Capital allocation | ||||||||||
| Dividends paid | ₹115.78B | ₹62.75B | ₹5.22B | ₹32.81B | ₹5.47B | ₹5.46B | ₹6.86B | ₹4.50B | ₹5.42B | ₹8.73B |
| Share buybacks (net) | ₹0 | ₹0 | ₹145.17B | ₹0 | ₹0 | ₹95.20B | ₹105.31B | ₹0 | ₹110.31B | ₹25.00B |
| Dividend payout ratio | 87.7% | 47.8% | 4.7% | 28.9% | 4.5% | 5.1% | 7.1% | 5.0% | 6.8% | 10.3% |
| Dividends + buybacks / free cash flow | 86.6% | 40.6% | 90.8% | 28.3% | 6.0% | 78.7% | 145.4% | 4.8% | 185.6% | 46.9% |
| Capex / revenue | 1.7% | 1.7% | 1.2% | 1.6% | 2.5% | 3.2% | 3.9% | 3.9% | 4.0% | 3.8% |
| Capex / operating cash flow | 10.4% | 8.9% | 6.0% | 11.4% | 18.2% | 13.3% | 23.3% | 19.6% | 26.0% | 22.5% |
| Capex / depreciation | 0.54 | 0.51 | 0.31 | 0.44 | 0.65 | 0.71 | 1.13 | 1.28 | 1.04 | 1.05 |
| Stock-based compensation / revenue | 0.5% | 0.6% | 0.6% | 0.4% | 0.5% | 0.4% | 0.2% | 0.3% | 0.2% | 0.3% |
| R&D / revenue | — | 0.5% | 0.5% | 0.4% | 0.4% | 0.6% | 0.8% | 0.7% | 0.6% | 0.6% |
| SG&A / revenue | 11.8% | 12.8% | 13.3% | 12.7% | 11.9% | 5.6% | 4.9% | 6.1% | 6.3% | 10.2% |
| Efficiency | ||||||||||
| Days sales outstanding | 93.0 | 88.4 | 90.2 | 89.9 | 81.5 | 89.0 | 95.9 | 96.7 | 103.1 | 105.4 |
| Days of inventory on hand | 0.3 | 0.5 | 0.6 | 0.7 | 0.8 | 1.3 | 2.4 | 3.2 | 3.4 | 4.3 |
| Days payables outstanding | 12.3 | 13.4 | 13.0 | 14.3 | 17.0 | 21.7 | 23.3 | 23.4 | 22.7 | 21.9 |
| Cash conversion cycle (days) | 81.0 | 75.5 | 77.8 | 76.3 | 65.2 | 68.6 | 75.1 | 76.5 | 83.9 | 87.9 |
| Receivables turnover | 3.92 | 4.13 | 4.05 | 4.06 | 4.48 | 4.10 | 3.81 | 3.78 | 3.54 | 3.46 |
| Payables turnover | 29.66 | 27.30 | 28.06 | 25.61 | 21.41 | 16.83 | 15.69 | 15.61 | 16.11 | 16.70 |
| Inventory turnover | 1,083.72 | 771.77 | 602.86 | 511.85 | 463.61 | 288.98 | 149.96 | 112.84 | 105.85 | 84.16 |
| Asset turnover | 0.68 | 0.73 | 0.77 | 0.80 | 0.83 | 0.75 | 0.74 | 0.74 | 0.70 | 0.72 |
| Average receivables | ₹236.03B | ₹215.74B | ₹221.80B | ₹222.77B | ₹176.50B | ₹151.09B | ₹160.33B | ₹155.14B | ₹153.91B | ₹158.97B |
| Average payables | ₹22.12B | ₹22.63B | ₹22.50B | ₹25.21B | ₹25.96B | ₹25.14B | ₹27.79B | ₹26.47B | ₹23.93B | ₹23.45B |
| Average inventory | ₹605.5M | ₹800.5M | ₹1.05B | ₹1.26B | ₹1.20B | ₹1.46B | ₹2.91B | ₹3.66B | ₹3.64B | ₹4.65B |
| Intangibles / total assets | 29.4% | 27.4% | 30.3% | 29.9% | 26.9% | 18.3% | 18.6% | 16.5% | 19.0% | 19.2% |
Computed from WIT's annual financial statements (latest annual report filed June 2, 2026) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in Indian rupees; data from EODHD. Averages use the opening and closing balance of each year.
WIT valuation and financial ratios
Wipro earned a return on equity of 15.4% and a return on invested capital of 22.2% in fiscal 2026. It ended the year with ₹202.9 billion of debt and ₹543.6 billion in cash and short-term investments, a net cash position of ₹340.7 billion. It returned ₹115.8 billion to shareholders: ₹115.8 billion in dividends and ₹0 in share buybacks, 87% of free cash flow.
See the WIT income statement, the WIT chart for price history, or the WIT stock overview for the latest quote and news.
WIT key metrics FAQ
What is Wipro's return on equity?
Wipro's return on equity (ROE) was 15.4% in fiscal 2026: net income of ₹132.0 billion on average shareholders' equity of ₹856.8 billion.
What is Wipro's ROIC?
Wipro's return on invested capital was 22.2% in fiscal 2026, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does Wipro have?
Wipro had total debt of ₹202.9 billion at the end of fiscal 2026, a debt-to-equity ratio of 0.23 and more cash than debt.
What is Wipro's current ratio?
Wipro's current ratio was 2.05 at the end of fiscal 2026: current assets were 2.05 times current liabilities.