Tata Consultancy Services Ltd
Tata Consultancy Services is the flagship company and a part of Tata group. It is an IT services, consulting and business solutions organization that has been partnering with many of the world's largest businesses in their transformation journeys for over 50 years. TCS offers a consulting-led, cognitive powered, integrated portfolio of business, technology and engineering services and solutions. [1]
- Market Cap ₹ 12,53,088 Cr.
- Current Price ₹ 3,463
- High / Low ₹ 4,592 / 3,056
- Stock P/E 26.1
- Book Value ₹ 209
- Dividend Yield 1.73 %
- ROCE 78.4 %
- ROE 65.0 %
- Face Value ₹ 1.00
Pros
- Company has a good return on equity (ROE) track record: 3 Years ROE 58.9%
- Company has been maintaining a healthy dividend payout of 87.2%
Cons
- Stock is trading at 16.6 times its book value
- The company has delivered a poor sales growth of 10.4% over past five years.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
64,673 | 73,578 | 85,864 | 92,693 | 97,356 | 123,170 | 131,306 | 135,963 | 160,341 | 190,354 | 202,359 | 214,853 | |
43,139 | 52,550 | 58,810 | 65,604 | 69,551 | 88,206 | 93,953 | 95,653 | 114,096 | 139,357 | 146,512 | 156,924 | |
Operating Profit | 21,534 | 21,028 | 27,054 | 27,089 | 27,805 | 34,964 | 37,353 | 40,310 | 46,245 | 50,997 | 55,847 | 57,929 |
OPM % | 33% | 29% | 32% | 29% | 29% | 28% | 28% | 30% | 29% | 27% | 28% | 27% |
3,115 | 4,995 | 3,757 | 4,568 | 5,803 | 7,627 | 8,082 | 4,182 | 7,486 | 5,328 | 6,315 | 9,642 | |
Interest | 23 | 80 | 13 | 16 | 30 | 170 | 743 | 537 | 486 | 695 | 673 | 703 |
Depreciation | 1,081 | 1,394 | 1,459 | 1,575 | 1,647 | 1,716 | 2,701 | 3,053 | 3,522 | 3,940 | 3,887 | 4,220 |
Profit before tax | 23,544 | 24,550 | 29,339 | 30,066 | 31,931 | 40,705 | 41,991 | 40,902 | 49,723 | 51,690 | 57,602 | 62,648 |
Tax % | 22% | 22% | 21% | 21% | 21% | 26% | 21% | 24% | 23% | 24% | 24% | 23% |
18,475 | 19,257 | 23,075 | 23,653 | 25,241 | 30,065 | 33,260 | 30,960 | 38,187 | 39,106 | 43,559 | 48,057 | |
EPS in Rs | 47.16 | 49.16 | 58.55 | 60.02 | 65.93 | 80.12 | 88.64 | 83.70 | 104.36 | 106.87 | 120.39 | 132.82 |
Dividend Payout % | 34% | 80% | 37% | 39% | 38% | 37% | 82% | 45% | 41% | 108% | 61% | 93% |
Compounded Sales Growth | |
---|---|
10 Years: | 11% |
5 Years: | 10% |
3 Years: | 10% |
TTM: | 6% |
Compounded Profit Growth | |
---|---|
10 Years: | 10% |
5 Years: | 8% |
3 Years: | 8% |
TTM: | 9% |
Stock Price CAGR | |
---|---|
10 Years: | 10% |
5 Years: | 11% |
3 Years: | 0% |
1 Year: | -6% |
Return on Equity | |
---|---|
10 Years: | 46% |
5 Years: | 54% |
3 Years: | 59% |
Last Year: | 65% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 196 | 196 | 197 | 197 | 191 | 375 | 375 | 370 | 366 | 366 | 362 | 362 |
Reserves | 43,856 | 45,221 | 64,816 | 77,825 | 75,675 | 78,523 | 73,993 | 74,424 | 76,807 | 74,172 | 71,758 | 75,255 |
115 | 273 | 178 | 250 | 225 | 39 | 5,262 | 5,912 | 5,855 | 5,659 | 6,145 | 7,577 | |
13,210 | 17,105 | 11,860 | 11,172 | 14,541 | 20,224 | 24,998 | 28,310 | 38,106 | 39,440 | 42,729 | 49,392 | |
Total Liabilities | 57,377 | 62,794 | 77,051 | 89,444 | 90,632 | 99,161 | 104,628 | 109,016 | 121,134 | 119,637 | 120,994 | 132,586 |
5,929 | 7,996 | 9,080 | 9,231 | 9,440 | 9,661 | 16,122 | 16,059 | 16,524 | 15,690 | 14,953 | 16,825 | |
CWIP | 3,048 | 2,707 | 1,640 | 1,477 | 1,238 | 834 | 781 | 861 | 1,146 | 1,103 | 1,450 | 1,318 |
Investments | 5,832 | 3,399 | 24,159 | 42,930 | 37,259 | 30,469 | 27,875 | 30,729 | 31,667 | 38,143 | 32,245 | 32,802 |
42,568 | 48,692 | 42,172 | 35,806 | 42,695 | 58,197 | 59,850 | 61,367 | 71,797 | 64,701 | 72,346 | 81,641 | |
Total Assets | 57,377 | 62,794 | 77,051 | 89,444 | 90,632 | 99,161 | 104,628 | 109,016 | 121,134 | 119,637 | 120,994 | 132,586 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
12,942 | 16,320 | 17,986 | 23,132 | 21,587 | 23,998 | 26,603 | 33,822 | 36,127 | 37,029 | 39,142 | 40,816 | |
-7,143 | 586 | -4,478 | -15,834 | 5,728 | 5,876 | 12,967 | -4,539 | 3,755 | 3,460 | 10,833 | 4,874 | |
-5,684 | -16,914 | -9,586 | -10,891 | -26,827 | -27,825 | -39,045 | -32,023 | -32,797 | -47,224 | -47,793 | -46,724 | |
Net Cash Flow | 115 | -9 | 3,922 | -3,593 | 488 | 2,049 | 525 | -2,740 | 7,085 | -6,735 | 2,182 | -1,034 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 82 | 85 | 81 | 65 | 71 | 71 | 80 | 68 | 82 | 82 | 83 | 88 |
Inventory Days | ||||||||||||
Days Payable | ||||||||||||
Cash Conversion Cycle | 82 | 85 | 81 | 65 | 71 | 71 | 80 | 68 | 82 | 82 | 83 | 88 |
Working Capital Days | 52 | 34 | 66 | 63 | 59 | 68 | 69 | 64 | 33 | 27 | 30 | 32 |
ROCE % | 61% | 53% | 52% | 42% | 41% | 53% | 54% | 53% | 61% | 64% | 75% | 78% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Newspaper Publication
28 May - Tata Consultancy Services Limited has informed Stock Exchange about the copy of newspaper publication regarding e-voting information for 30th Annual General Meeting of the Company.
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Letter Sent To Members
28 May - TCS announces 30th AGM on June 19, 2025, final dividend INR 30/share, and Integrated Annual Report 2024-25 availability.
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The 30Th Annual General Meeting Of The Company Will Be Held On Thursday, June 19, 2025, At 3.00 P.M. IST Through Video Conferencing / Other Audio Visual Means.
27 May - TCS FY25 Annual Report: $30B revenue, AI focus, leadership changes, strong margins, major client wins.
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Reg. 34 (1) Annual Report.
27 May - TCS FY25 Annual Report: $30B revenue, AI focus, new leadership, strong margins, major client wins.
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Business Responsibility and Sustainability Reporting (BRSR)
27 May - TCS FY 2024-25 Business Responsibility and Sustainability Report filed with KPMG assurance.
Annual reports
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Financial Year 2025
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2013
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Financial Year 2012
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Concalls
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Apr 2025Transcript PPT REC
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Jan 2025Transcript PPT REC
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Oct 2024Transcript PPT REC
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Aug 2024Transcript PPT REC
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Jul 2024TranscriptNotesPPT
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Apr 2024Transcript PPT REC
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Jan 2024Transcript PPT REC
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Oct 2023Transcript PPT
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Jul 2023TranscriptPPT
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Apr 2023Transcript PPT
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Oct 2022TranscriptPPT
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Oct 2021TranscriptPPT
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Jul 2021TranscriptPPT
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Oct 2020TranscriptPPT
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Jul 2020TranscriptPPT
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Apr 2020TranscriptPPT
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Jan 2020TranscriptPPT
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Nov 2019TranscriptPPT
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Aug 2019TranscriptPPT
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Apr 2019TranscriptPPT
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Oct 2018TranscriptPPT
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Jul 2018TranscriptPPT
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Apr 2018TranscriptPPT
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Oct 2017TranscriptPPT
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Aug 2017TranscriptPPT
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Jan 2016TranscriptNotesPPT
Revenue Breakup Q2FY24[1]
BFSI : 32.6%
Consumer Business : 15.9%
Life Sciences & Healthcare : 10.9%
Technology & Services : 8.6%
Manufacturing : 8.5%
Communication & Media : 6.9%
Energy, Resources and Utilities : 5.6%
Regional Markets & Others : 11%