Wipro Limited (WIPRO) - Net Assets
Based on the latest financial reports, Wipro Limited (WIPRO) has net assets worth Rs862.62 Billion INR (≈ $9.33 Billion USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs1.31 Trillion ≈ $14.17 Billion USD) and total liabilities (Rs448.06 Billion ≈ $4.85 Billion USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check Wipro Limited asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs862.62 Billion |
| % of Total Assets | 65.81% |
| Annual Growth Rate | 21.24% |
| 5-Year Change | 48.9% |
| 10-Year Change | 76.33% |
| Growth Volatility | 36.15 |
Wipro Limited - Net Assets Trend (2000–2025)
This chart illustrates how Wipro Limited's net assets have evolved over time, based on quarterly financial data. Also explore Wipro Limited asset portfolio for the complete picture of this company's asset base.
Annual Net Assets for Wipro Limited (2000–2025)
The table below shows the annual net assets of Wipro Limited from 2000 to 2025. For live valuation and market cap data, see Wipro Limited market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | Rs825.78 Billion ≈ $8.93 Billion |
+9.92% |
| 2024-03-31 | Rs751.22 Billion ≈ $8.12 Billion |
-3.91% |
| 2023-03-31 | Rs781.75 Billion ≈ $8.45 Billion |
+18.69% |
| 2022-03-31 | Rs658.67 Billion ≈ $7.12 Billion |
+18.77% |
| 2021-03-31 | Rs554.59 Billion ≈ $6.00 Billion |
-0.85% |
| 2020-03-31 | Rs559.33 Billion ≈ $6.05 Billion |
-2.00% |
| 2019-03-31 | Rs570.75 Billion ≈ $6.17 Billion |
+17.60% |
| 2018-03-31 | Rs485.35 Billion ≈ $5.25 Billion |
-7.15% |
| 2017-03-31 | Rs522.70 Billion ≈ $5.65 Billion |
+11.61% |
| 2016-03-31 | Rs468.30 Billion ≈ $5.06 Billion |
+14.32% |
| 2015-03-31 | Rs409.63 Billion ≈ $4.43 Billion |
+18.77% |
| 2014-03-31 | Rs344.89 Billion ≈ $3.73 Billion |
+21.02% |
| 2013-03-31 | Rs284.98 Billion ≈ $3.08 Billion |
-0.41% |
| 2012-03-31 | Rs286.16 Billion ≈ $3.09 Billion |
+19.05% |
| 2011-03-31 | Rs240.37 Billion ≈ $2.60 Billion |
+63.09% |
| 2010-03-31 | Rs147.38 Billion ≈ $1.59 Billion |
-2.02% |
| 2009-03-31 | Rs150.42 Billion ≈ $1.63 Billion |
+16.13% |
| 2008-03-31 | Rs129.52 Billion ≈ $1.40 Billion |
+27.34% |
| 2007-03-31 | Rs101.71 Billion ≈ $1.10 Billion |
+28.90% |
| 2006-03-31 | Rs78.90 Billion ≈ $853.32 Million |
+37.83% |
| 2005-03-31 | Rs57.25 Billion ≈ $619.13 Million |
+22.14% |
| 2004-03-31 | Rs46.87 Billion ≈ $506.92 Million |
+32.29% |
| 2003-03-31 | Rs35.43 Billion ≈ $383.18 Million |
+29.32% |
| 2002-03-31 | Rs27.40 Billion ≈ $296.31 Million |
+44.49% |
| 2001-03-31 | Rs18.96 Billion ≈ $205.07 Million |
+183.46% |
| 2000-03-31 | Rs6.69 Billion ≈ $72.35 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Wipro Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 12609.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rs716.48 Billion | 86.50% |
| Common Stock | Rs20.94 Billion | 2.53% |
| Other Comprehensive Income | Rs88.26 Billion | 10.66% |
| Other Components | Rs2.63 Billion | 0.32% |
| Total Equity | Rs828.31 Billion | 100.00% |
Wipro Limited Competitors by Market Cap
The table below lists competitors of Wipro Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Church & Dwight Company Inc
NYSE:CHD
|
$22.73 Billion |
|
Hengli Petrochemical Co Ltd
SHG:600346
|
$22.75 Billion |
|
XPO Logistics Inc
NYSE:XPO
|
$22.76 Billion |
|
Vinhomes JSC
VN:VHM
|
$22.78 Billion |
|
Vonovia SE
XETRA:VNA
|
$22.72 Billion |
|
Geely Automobile Holdings Limited
F:GRUA
|
$22.70 Billion |
|
First Citizens BancShares Inc
NASDAQ:FCNCA
|
$22.69 Billion |
|
Zomato Limited
NSE:ZOMATO
|
$22.68 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Wipro Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 749,883,000,000 to 828,309,000,000, a change of 78,426,000,000 (10.5%).
- Net income of 131,354,000,000 contributed positively to equity growth.
- Dividend payments of 62,750,000,000 reduced retained earnings.
- Share repurchases of 27,000,000 reduced equity.
- New share issuances of 27,000,000 increased equity.
- Other comprehensive income decreased equity by 16,946,000,000.
- Other factors increased equity by 26,768,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs131.35 Billion | +15.86% |
| Dividends Paid | Rs62.75 Billion | -7.58% |
| Share Repurchases | Rs27.00 Million | -0.0% |
| Share Issuances | Rs27.00 Million | +0.0% |
| Other Comprehensive Income | Rs-16.95 Billion | -2.05% |
| Other Changes | Rs26.77 Billion | +3.23% |
| Total Change | Rs- | 10.46% |
Book Value vs Market Value Analysis
This analysis compares Wipro Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 2.54x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 365.76x to 2.54x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2000-03-31 | Rs0.55 | Rs200.65 | x |
| 2001-03-31 | Rs1.54 | Rs200.65 | x |
| 2002-03-31 | Rs2.24 | Rs200.65 | x |
| 2003-03-31 | Rs3.00 | Rs200.65 | x |
| 2004-03-31 | Rs3.76 | Rs200.65 | x |
| 2005-03-31 | Rs4.56 | Rs200.65 | x |
| 2006-03-31 | Rs6.24 | Rs200.65 | x |
| 2007-03-31 | Rs7.92 | Rs200.65 | x |
| 2008-03-31 | Rs10.01 | Rs200.65 | x |
| 2009-03-31 | Rs11.55 | Rs200.65 | x |
| 2010-03-31 | Rs11.29 | Rs200.65 | x |
| 2011-03-31 | Rs18.33 | Rs200.65 | x |
| 2012-03-31 | Rs21.78 | Rs200.65 | x |
| 2013-03-31 | Rs21.64 | Rs200.65 | x |
| 2014-03-31 | Rs26.15 | Rs200.65 | x |
| 2015-03-31 | Rs31.06 | Rs200.65 | x |
| 2016-03-31 | Rs35.50 | Rs200.65 | x |
| 2017-03-31 | Rs40.05 | Rs200.65 | x |
| 2018-03-31 | Rs38.06 | Rs200.65 | x |
| 2019-03-31 | Rs47.17 | Rs200.65 | x |
| 2020-03-31 | Rs47.66 | Rs200.65 | x |
| 2021-03-31 | Rs48.85 | Rs200.65 | x |
| 2022-03-31 | Rs60.03 | Rs200.65 | x |
| 2023-03-31 | Rs71.16 | Rs200.65 | x |
| 2024-03-31 | Rs70.67 | Rs200.65 | x |
| 2025-03-31 | Rs78.95 | Rs200.65 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Wipro Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 15.86%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 14.74%
- • Asset Turnover: 0.69x
- • Equity Multiplier: 1.55x
- Recent ROE (15.86%) is below the historical average (23.22%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | 53.11% | 15.45% | 1.81x | 1.90x | Rs2.88 Billion |
| 2001 | 33.92% | 20.88% | 1.19x | 1.37x | Rs4.54 Billion |
| 2002 | 30.37% | 24.54% | 1.01x | 1.23x | Rs5.58 Billion |
| 2003 | 22.87% | 18.91% | 1.00x | 1.21x | Rs4.56 Billion |
| 2004 | 21.55% | 17.10% | 1.01x | 1.25x | Rs5.37 Billion |
| 2005 | 27.94% | 19.48% | 1.13x | 1.27x | Rs10.18 Billion |
| 2006 | 25.73% | 19.10% | 1.06x | 1.27x | Rs12.42 Billion |
| 2007 | 28.76% | 19.53% | 1.02x | 1.44x | Rs19.08 Billion |
| 2008 | 24.92% | 16.34% | 0.88x | 1.73x | Rs19.30 Billion |
| 2009 | 25.88% | 15.27% | 0.88x | 1.93x | Rs23.84 Billion |
| 2010 | 31.22% | 17.88% | 0.90x | 1.93x | Rs31.22 Billion |
| 2011 | 22.10% | 17.06% | 0.84x | 1.55x | Rs29.01 Billion |
| 2012 | 19.53% | 14.98% | 0.85x | 1.53x | Rs27.20 Billion |
| 2013 | 23.38% | 17.73% | 0.85x | 1.55x | Rs37.98 Billion |
| 2014 | 22.70% | 17.95% | 0.86x | 1.46x | Rs43.62 Billion |
| 2015 | 21.21% | 18.43% | 0.78x | 1.47x | Rs45.73 Billion |
| 2016 | 19.11% | 17.38% | 0.71x | 1.56x | Rs42.47 Billion |
| 2017 | 16.32% | 15.42% | 0.69x | 1.53x | Rs32.86 Billion |
| 2018 | 16.58% | 14.70% | 0.72x | 1.58x | Rs31.79 Billion |
| 2019 | 15.85% | 15.37% | 0.70x | 1.47x | Rs33.22 Billion |
| 2020 | 17.44% | 15.93% | 0.75x | 1.47x | Rs41.47 Billion |
| 2021 | 19.52% | 17.43% | 0.75x | 1.50x | Rs52.64 Billion |
| 2022 | 18.57% | 15.45% | 0.73x | 1.64x | Rs56.38 Billion |
| 2023 | 14.53% | 12.54% | 0.77x | 1.51x | Rs35.38 Billion |
| 2024 | 14.73% | 12.31% | 0.78x | 1.54x | Rs35.46 Billion |
| 2025 | 15.86% | 14.74% | 0.69x | 1.55x | Rs48.52 Billion |
Industry Comparison
This section compares Wipro Limited's net assets metrics with peer companies in the Information Technology Services industry.
Industry Context
- Industry: Information Technology Services
- Average net assets among peers: $1,245,774,409
- Average return on equity (ROE) among peers: 11.95%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Wipro Limited (WIPRO) | Rs862.62 Billion | 53.11% | 0.52x | $22.73 Billion |
| AAA Technologies Limited (AAATECH) | $253.85 Million | 11.30% | 0.09x | $13.80 Million |
| Accelya Solutions India Limited (ACCELYA) | $1.80 Billion | 49.66% | 0.42x | $187.02 Million |
| Adroit Infotech Limited (ADROITINFO) | $159.54 Million | -2.39% | 0.01x | $5.85 Million |
| Airan Limited (AIRAN) | $188.59 Million | 6.62% | 0.62x | $22.15 Million |
| Alankit Limited (ALANKIT) | $3.75 Million | 22.76% | 4.62x | $27.04 Million |
| Bartronics India Limited (ASMS) | $664.69 Million | -75.68% | 23.36x | $25.79 Million |
| BIRLASOFT LIMITED (BSOFT) | $1.42 Billion | 22.91% | 0.88x | $1.11 Billion |
| Computer Age Management Services Limited (CAMS) | $7.82 Billion | 36.45% | 0.40x | $1.98 Billion |
| Cigniti Technologies Limited (CIGNITITEC) | $115.76 Million | 0.58% | 0.23x | $351.04 Million |
| Cambridge Technology Enterprises Limited (CTE) | $29.18 Million | 47.30% | 0.49x | $6.93 Million |
About Wipro Limited
Wipro Limited operates as an information technology (IT), consulting, and business process services company worldwide. It operates through IT Services and IT Products segments. The IT Services segment offers AI-powered IT and IT-enabled services, including digital strategy advisory, customer-centric design, technology and IT consulting, custom application design, development, re-engineering and m… Read more