WITWipro Limited

$2.12-21% 1Y

Is it safe?

Mixed

Nothing alarming, nothing pristine: comfortable debt (AA) and typical volatility.

1 good, 1 neutral, 4 without data
Credit gradeAAderived · Mar 31, 2026

Rock-solid balance sheet, low leverage. A rule of thumb on leverage, not a credit rating.

Drawdown risk38% volderived · Oct 23, 2026

Moderate price swings, typical volatility. Worst drawdown -66% · now 31% below its 52-week high.

Where this answer is blind. Altman sits structurally low for utilities and pipelines; Beneish runs high for fast growers, since sales growth alone lifts it; banks and REITs are excluded.

Can WIT take a bad year?

Wipro Limited carries $123.1B of net debt at 0.68× EBITDA: a load its earnings can carry.

$123.1B

Net debt · as at FY2026 · under two and a half years of EBITDA, comfortable

Net debt / EBITDA
0.68×

Net debt / EBITDA · 0.17× a year ago · the load is going up

Interest cover
10.4×

Interest cover · operating profit covers the interest bill several times over

Annualised volatility
38%

Annualised volatility · S&P 500 16% · roughly twice as jumpy as the market

Details›
Total debtFY2026
$238.9B
Cash and short-term investments
$115.8B
Net debt
$123.1B
EBITDA, trailing twelve months
$180.4B
Operating profit, trailing twelve months
$151.3B
Debt / equity
0.27×
Total debt / EBITDA
1.32×
Annualised volatilitytwo years of daily moves
38%
Worst drawdown on file
−66%
Below its 52-week high
31%

Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.

The balance sheet

What it owes against what it owns, and how close that comes to trouble.

How far can it fall?

How much the price moves, how deep and how long its falls have run, and what each unit of risk has paid.