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 ₹ 12,03,862 Cr.
- Current Price ₹ 3,289
- High / Low ₹ 3,575 / 2,926
- Stock P/E 30.8
- Book Value ₹ 204
- Dividend Yield 1.31 %
- ROCE 64.2 %
- ROE 51.5 %
- Face Value ₹ 1.00
Pros
- Company is almost debt free.
- Company has a good return on equity (ROE) track record: 3 Years ROE 48.2%
- Company has been maintaining a healthy dividend payout of 64.8%
- Company's working capital requirements have reduced from 41.4 days to 27.1 days
Cons
- Stock is trading at 16.2 times its book value
* 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.
Peer comparison
Sector: IT - Software Industry: Computers - Software - Large
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
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38,104 | 48,426 | 64,673 | 73,578 | 85,864 | 92,693 | 97,356 | 123,170 | 131,306 | 135,963 | 160,341 | 190,354 | |
26,719 | 34,120 | 43,139 | 52,550 | 58,810 | 65,604 | 69,551 | 88,206 | 93,953 | 95,653 | 114,096 | 139,357 | |
Operating Profit | 11,386 | 14,306 | 21,534 | 21,028 | 27,054 | 27,089 | 27,805 | 34,964 | 37,353 | 40,310 | 46,245 | 50,997 |
OPM % | 30% | 30% | 33% | 29% | 32% | 29% | 29% | 28% | 28% | 30% | 29% | 27% |
2,685 | 2,230 | 3,115 | 4,995 | 3,757 | 4,568 | 5,803 | 7,627 | 8,082 | 4,182 | 7,486 | 5,328 | |
Interest | 16 | 31 | 23 | 80 | 13 | 16 | 30 | 170 | 743 | 537 | 486 | 695 |
Depreciation | 688 | 803 | 1,081 | 1,394 | 1,459 | 1,575 | 1,647 | 1,716 | 2,701 | 3,053 | 3,522 | 3,940 |
Profit before tax | 13,366 | 15,703 | 23,544 | 24,550 | 29,339 | 30,066 | 31,931 | 40,705 | 41,991 | 40,902 | 49,723 | 51,690 |
Tax % | 18% | 19% | 22% | 22% | 21% | 21% | 21% | 26% | 21% | 24% | 23% | 24% |
Net Profit | 10,976 | 12,786 | 18,475 | 19,257 | 23,075 | 23,653 | 25,241 | 30,065 | 33,260 | 30,960 | 38,187 | 39,106 |
EPS in Rs | 28.04 | 32.66 | 47.16 | 49.16 | 58.55 | 60.02 | 65.93 | 80.12 | 88.64 | 83.70 | 104.36 | 106.87 |
Dividend Payout % | 45% | 34% | 34% | 80% | 37% | 39% | 38% | 37% | 82% | 45% | 41% | 108% |
Compounded Sales Growth | |
---|---|
10 Years: | 15% |
5 Years: | 14% |
3 Years: | 13% |
TTM: | 19% |
Compounded Profit Growth | |
---|---|
10 Years: | 12% |
5 Years: | 9% |
3 Years: | 6% |
TTM: | 2% |
Stock Price CAGR | |
---|---|
10 Years: | 16% |
5 Years: | 14% |
3 Years: | 17% |
1 Year: | -4% |
Return on Equity | |
---|---|
10 Years: | 42% |
5 Years: | 45% |
3 Years: | 48% |
Last Year: | 52% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
296 | 296 | 196 | 196 | 197 | 197 | 191 | 375 | 375 | 370 | 366 | 366 | |
Reserves | 24,561 | 32,267 | 43,856 | 45,221 | 64,816 | 77,825 | 75,675 | 78,523 | 73,993 | 74,424 | 76,807 | 74,172 |
104 | 172 | 115 | 273 | 178 | 250 | 225 | 39 | 5,262 | 5,912 | 5,855 | 5,659 | |
9,280 | 10,052 | 13,210 | 17,105 | 11,860 | 11,172 | 14,541 | 20,224 | 24,998 | 28,310 | 38,106 | 39,440 | |
Total Liabilities | 34,141 | 42,686 | 57,377 | 62,794 | 77,051 | 89,444 | 90,632 | 99,161 | 104,628 | 109,016 | 121,134 | 119,637 |
4,064 | 5,104 | 5,929 | 7,996 | 9,080 | 9,231 | 9,440 | 9,661 | 16,122 | 16,059 | 16,524 | 15,690 | |
CWIP | 1,400 | 1,764 | 3,048 | 2,707 | 1,640 | 1,477 | 1,238 | 834 | 781 | 861 | 1,146 | 1,103 |
Investments | 5,688 | 6,324 | 5,832 | 3,399 | 24,159 | 42,930 | 37,259 | 30,469 | 27,875 | 30,729 | 31,667 | 38,143 |
22,989 | 29,493 | 42,568 | 48,692 | 42,172 | 35,806 | 42,695 | 58,197 | 59,850 | 61,367 | 71,797 | 64,701 | |
Total Assets | 34,141 | 42,686 | 57,377 | 62,794 | 77,051 | 89,444 | 90,632 | 99,161 | 104,628 | 109,016 | 121,134 | 119,637 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
3,206 | 9,157 | 12,942 | 16,320 | 17,986 | 23,132 | 21,587 | 23,998 | 26,603 | 33,822 | 36,127 | 37,029 | |
433 | -3,496 | -7,143 | 586 | -4,478 | -15,834 | 5,728 | 5,876 | 12,967 | -4,539 | 3,755 | 3,460 | |
-3,897 | -5,656 | -5,684 | -16,914 | -9,586 | -10,891 | -26,827 | -27,825 | -39,045 | -32,023 | -32,797 | -47,224 | |
Net Cash Flow | -258 | 5 | 115 | -9 | 3,922 | -3,593 | 488 | 2,049 | 525 | -2,740 | 7,085 | -6,735 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 87 | 84 | 82 | 85 | 81 | 65 | 71 | 71 | 80 | 68 | 82 | 82 |
Inventory Days | ||||||||||||
Days Payable | ||||||||||||
Cash Conversion Cycle | 87 | 84 | 82 | 85 | 81 | 65 | 71 | 71 | 80 | 68 | 82 | 82 |
Working Capital Days | 37 | 72 | 52 | 34 | 66 | 63 | 59 | 68 | 69 | 64 | 33 | 27 |
ROCE % | 60% | 54% | 61% | 53% | 52% | 42% | 41% | 53% | 54% | 53% | 61% | 64% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Press Release / Media Release
3m - As Strategic Partner to Administer the Teachers' Pension Scheme in England and Wales
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 1d
- Announcement under Regulation 30 (LODR)-Date of payment of Dividend 1d
- Intimation Of Record Date For Payment Of Final Dividend On Equity Shares For The Financial Year 2022-23 1d
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Announcement under Regulation 30 (LODR)-Newspaper Publication
1d - Read with Schedule III Part A Para A and Regulation 47 of SEBI Listing Regulations, we enclose the copies of newspaper advertisement published in Economic …
Annual reports
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Concalls
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Apr 2023Transcript PPT
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Revenue Breakup
Based on Industry classification, company operates in 5 key verticals i.e. Banking, finance services & insurance (BFSI) which accounts for 39% of revenues, followed by, retail & consumer business (17%), Communication, media & technology (16%), Manufacturing (11%) & other platforms which accounts for the rest 17% of revenues.[1]