Wipro (NSE:WIPRO) FCF Margin %: 11.10% (As of Mar. 2026) — 19% Below Median


NSE:WIPRO Wipro Ltd NSE:WIPRO
85 GF Score
Price ₹175.00
GF Value ₹257.41
Valuation Significantly Undervalued
! 3 Warning Signs
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What is Wipro FCF Margin %?

Wipro NSE:WIPRO +0.30% 85 FCF Margin % is 11.10% as of Mar. 2026, which is 19% below its 10-year median of 13.76. GuruFocus rates NSE:WIPRO with a GF Score™ of 85/100 and a GF Value™ of ₹257.41 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 2,815 Software companies, Wipro ranks better than 78.37% on this metric.

FCF Margin % is calculated as Free Cash Flow divided by its Revenue. Wipro's Free Cash Flow for the three months ended in Mar. 2026 was ₹26,910 Mil. Wipro's Revenue for the three months ended in Mar. 2026 was ₹242,363 Mil. Therefore, Wipro's FCF Margin % for the quarter that ended in Mar. 2026 was 11.10%.

As of today, Wipro's current FCF Yield % is 7.28%.

The historical rank and industry rank for Wipro's FCF Margin % or its related term are showing as below:

NSE:WIPRO' s FCF Margin % Range Over the Past 10 Years
Min: 11.45   Med: 13.76   Max: 20.66
Current: 14.44


During the past 13 years, the highest FCF Margin % of Wipro was 20.66%. The lowest was 11.45%. And the median was 13.76%.

NSE:WIPRO's FCF Margin % is ranked better than
78.37% of 2815 companies
in the Software industry
Industry Median: 2.41 vs NSE:WIPRO: 14.44


Wipro FCF Margin % Related Terms


Wipro FCF Margin % Historical Data

* Premium members only.

The historical data trend for Wipro's FCF Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Wipro FCF Margin % Chart

Wipro Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
FCF Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.46 12.79 18.46 17.33 14.44

Wipro Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
FCF Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 13.59 17.34 13.44 16.10 11.10

NSE:WIPRO vs IBM, ACN, FISV: FCF Margin % Comparison

For the Information Technology Services subindustry, Wipro's FCF Margin %, along with its competitors' market caps and FCF Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Wipro FCF Margin % vs Software Industry

For the Software industry and Technology sector, Wipro's FCF Margin % distribution charts can be found below:

* The bar in red indicates where Wipro's FCF Margin % falls into.


NSE:WIPRO
85GF Score
Wipro Ltd NSE:WIPRO
FCF Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Wipro FCF Margin % Calculation

FCF margin is the ratio of Free Cash Flow divided by net sales or Revenue, usually presented in percent.

Wipro's FCF Margin for the fiscal year that ended in Mar. 2026 is calculated as

FCF Margin=Free Cash Flow (A: Mar. 2026 )/Revenue (A: Mar. 2026 )
=133713/926240
=14.44 %

Wipro's FCF Margin for the quarter that ended in Mar. 2026 is calculated as

FCF Margin=Free Cash Flow (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=26910/242363
=11.10 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about FCF Margin % →
What does a FCF Margin % of 11.10% mean?
Wipro (NSE:WIPRO) has a FCF Margin % of 11.10% as of Mar. 2026. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Wipro and its competitors. This is 19% below median its historical median of 13.76. Over the past decade, Wipro's FCF Margin % has ranged from 11.45 to 20.66. According to the industry distribution chart, Wipro ranks #609 out of 2815 companies in the Software industry, placing it in the top 21.6%.
Is Wipro's FCF Margin % too high?
Wipro's current FCF Margin % of 11.10% is 19% below median its 10-year median of 13.76. Over the past 10 years, this metric has ranged from a low of 11.45 to a high of 20.66. The Software industry median FCF Margin % is 2.41. Wipro's value of 11.10% is 360.6% above this industry median. Based on the distribution chart, Wipro ranks #609 out of 2815 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Wipro has a GF Score™ of 85/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Wipro's FCF Margin % compare to IBM and ACN?
According to the Software industry distribution chart, Wipro ranks #609 out of 2815 companies for FCF Margin %. This places Wipro in the top 22% of its industry — outperforming the majority of peers. The industry median FCF Margin % is 2.41. Wipro's value of 11.10% is 360.6% above this benchmark. Historically, Wipro's own FCF Margin % has ranged from 11.45 to 20.66 over the past decade. While the company's 10-year median is 13.76 vs. the industry median of 2.41, Wipro has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good FCF Margin % for a Software company?
The median FCF Margin % among Software companies is 2.41, based on 2,815 companies in the industry. Companies in the top quartile (top 25%) have a FCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, FCF Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Wipro's current FCF Margin % of 11.10% is 360.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high FCF Margin % mean?
A high FCF Margin % can signal that a stock is expensive relative to its fundamentals. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Wipro and its competitors. For the Software industry, the median FCF Margin % is 2.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wipro's current FCF Margin % is 11.10%, which is 19% below median its own 10-year median of 13.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wipro stock overvalued right now?
Based on GuruFocus' analysis, Wipro (NSE:WIPRO) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹257.41, compared to a current price of ₹175.00 — trading 32% below its estimated fair value. The current FCF Margin % is 11.10%, which is 19% below median its 10-year median of 13.76 and 360.6% above the Software industry median of 2.41. Wipro's overall GF Score™ is 85/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is FCF Margin % calculated?
FCF Margin % is calculated from a company's financial statements. For Wipro (NSE:WIPRO), the current FCF Margin % is 11.10% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Wipro (NSE:WIPRO) Overvalued in 2026?

Based on GuruFocus' analysis, Wipro stock appears to be undervalued. The current stock price of ₹175.00 is trading 32% below its estimated GF Value™ of ₹257.41. GuruFocus considers Wipro to be Significantly Undervalued.

Key valuation signals for NSE:WIPRO:

  • FCF Margin %: 11.10% (19% below median its 10-year median of 13.76)
  • GF Value™: ₹257.41 vs. price of ₹175.00 (32% below fair value)
  • GF Score™: 85/100 with 3 warning signs
  • Industry Position: 360.6% above the Software median (#609 of 2815)

No single metric tells the full story. See the NSE:WIPRO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Wipro Business Description

Address Sarjapur Road, Doddakannelli, Bangalore, KA, IND, 560035
Wipro is a multinational IT services provider based in Bengaluru, India. The company pivoted into the IT space in the 1980s and grew into one of the largest Indian IT consulting companies during the dot-com boom. Nowadays, Wipro leverages its offshore outsourcing model to derive a significant portion of its revenue from North America and Europe.
85GF Score

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FCF Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹175.00
Price
₹257.41
GF Value