SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Wipro considers exiting water biz, to focus on growing units

04 May 2011 Evaluate

Wipro is evaluating options to sell off its water business and sharpen focus on existing revenue streams. Wipro entered the water business in 2008 through the acquisition of water treatment firm Aquatech and executes water treatment projects for large industrial customers that include United Breweries (UB), PepsiCo and Coca Cola. Investment in this business started with the sustainability theme but in the past few years the company has seen significant competition with several large, established players in this field so it is now focusing on other areas. While there is no formal proposal with the Wipro board yet, and discussions with potential buyers have not reached a final stage, the deliberations are part of the group’s strategy to streamline businesses and ensure focus on growing units.

IT services make up for over 75% of Wipro’s revenues, the balance comes from several other businesses including Wipro consumer care and lighting, eco-energy and hardware products. Spreading itself too thin and entering too many non-IT related areas may not pay off in the long run.

Wipro has also restructured its IT business in the past few months after it disbanded its joint-CEO model and announced a more verticalised structure that would make it swifter and more agile. In the past three years Wipro has often articulated its ambition of becoming a “one-stop-shop” in the water purification and treatment business and counts global majors like GSK Pharma and Coca-Cola amongst customers.

Wipro Share Price

198.10 -1.00 (-0.50%)
07-May-2026 12:13 View Price Chart
Peers
Company Name CMP
TCS 2405.65
Infosys 1167.20
HCL Tech. 1187.00
Wipro 198.10
Tech Mahindra 1454.25
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×