Business outlook
While there is still uncertainty on the path of the health crisis, with likelihood of third or fourth waves, and the emergence of new strains of the virus, overall business outlook across industries appears to be positive in all of TCS? major markets. This is expected to result in an expansion in enterprise spending on IT services globally, following a decline in 2020. Common investment themes that are expected to accelerate across all industry verticals in FY 2022 are: data-driven customer journey transformations spanning front-, middle and back-office processes and systems to enable enhanced and personalized customer experiences; digital enablers for direct distribution and end customer engagement; seamless, personalized omnichannel experiences in consumer-facing industries; product and business model innovations; and adoption of open APIs to enable purpose-driven ecosystems.
Currency and growth
On a reported basis, TCS? revenue grew 4.6% in FY 2021, compared to 7.2% in the prior year, due to the sharp revenue reduction in the first quarter across industry segments from the pandemic impact. Movements in currency exchange rates through the year resulted in a positive impact of 5.4% on the reported revenue. The constant currency revenue growth for the year, which is the reported revenue growth stripped of the currency impact, was (0.8)%.
More intellectual property
To enable business alignment and to de-risk emerging technology use, TCS? New Products and Services Development framework monitors the pipeline of evolving, future-focused offerings. This has resulted in a further expansion of the IP portfolio across a range of technologies and industry domain processes. As of March 31, 2021, the company has filed for 5,879 patents and has been granted 1,850 patents. TCS researchers presented over 240 papers at premier research conferences and notable journals this year.
TCS - Tata Consultancy Services Share Price
- Open3,884.00
- High4,001.70
- Low3,884.00
- Prev Close3,904.15
- Volume26,58,723
- VWAP(₹)3,968.40
TCS share price insights
Intraday fact check
In the last 19 years, only 0.99 % trading sessions saw intraday gains higher than 5 % .Zero Debt Burden
Company has no debt since last 5 years. (Source: Consolidated Financials)Employee & Interest Expense
Company has spent less than 1% of its operating revenues towards interest expenses and 58.17% towards employee cost in the year ending 31 Mar, 2024. (Source: Consolidated Financials)TCS Share Price Update
Tata Consultancy Services Ltd. share price moved up by 1.90% from its previous close of Rs 3,904.15. Tata Consultancy Services Ltd. stock last traded price is 3,978.20
Share Price Value Today/Current/Last 3,978.20 Previous Day 3,904.15
TCS Share Price Returns
| 1 Day | 1.9% |
| 1 Month | 8.37% |
| 3 Months | 1.57% |
| 1 Year | 20.47% |
| 3 Years | 19.05% |
| 5 Years | 77.63% |
Key Metrics
| PE Ratio(x) | 31.35 |
| EPS - TTM(₹) | 126.88 |
| MCap(₹ Cr.) | 14,39,348 |
| MCap Rank | 1 |
| PB Ratio(x) | 15.47 |
| Div Yield(%) | 1.84 |
| Face Value(₹) | 1.00 |
| 52W High(₹) | 4,254.75 |
| 52W Low(₹) | 3,214.10 |
| MCap/Sales | 5.84 |
| Beta(1 Month) | 0.04 |
| BV/Share(₹) | 252.40 |
TCS Share Recommendations
43 Analysts
SellSellHoldBuyStrong
Buy
| Ratings | Current | 1W Ago | 1M Ago | 3M Ago |
|---|---|---|---|---|
| Strong Buy | 5 | 5 | 5 | 4 |
| Buy | 19 | 19 | 19 | 16 |
| Hold | 10 | 10 | 10 | 10 |
| Sell | 7 | 7 | 7 | 6 |
| Strong Sell | 2 | 2 | 2 | 3 |
| # Analysts | 43 | 43 | 43 | 39 |
TCS Financials
Mar 2024 Dec 2023 Sep 2023 Jun 2023 Mar 2023 Total Income 62,394.00 61,445.00 60,698.00 60,778.00 60,337.00 Total Income Growth (%) 1.54 1.23 -0.13 0.73 2.70 Total Expenses 45,319.00 46,386.00 45,209.00 45,626.00 44,674.00 Total Expenses Growth (%) -2.30 2.60 -0.91 2.13 1.66 EBIT 17,075.00 15,059.00 15,489.00 15,152.00 15,663.00 EBIT Growth (%) 13.39 -2.78 2.22 -3.26 5.80 Profit after Tax (PAT) 12,434.00 11,058.00 11,342.00 11,074.00 11,392.00 PAT Growth (%) 12.44 -2.50 2.42 -2.79 5.03 EBIT Margin (%) 27.37 24.51 25.52 24.93 25.96 Net Profit Margin (%) 19.93 18.00 18.69 18.22 18.88 Basic EPS (₹) 34.37 30.29 31.00 30.26 31.14 All figures in Rs Cr, unless mentioned otherwise
InsightsEmployee & Interest Expense
Company has spent less than 1% of its operating revenues towards interest expenses and 58.17% towards employee cost in the year ending 31 Mar, 2024. (Source: Consolidated Financials)
Annual FY 2024 FY 2023 FY 2022 FY 2021 FY 2020 Total Assets 1,46,449.00 1,43,651.00 1,41,514.00 1,30,759.00 1,20,899.00 Total Assets Growth (%) 1.95 1.51 8.23 8.16 5.18 Total Liabilities 55,130.00 52,445.00 51,668.00 43,651.00 36,150.00 Total Liabilities Growth (%) 5.12 1.50 18.37 20.75 44.35 Total Equity 91,319.00 91,206.00 89,846.00 87,108.00 84,749.00 Total Equity Growth (%) 0.12 1.51 3.14 2.78 -5.73 Current Ratio (x) 2.45 2.53 2.56 2.91 3.33 Total Debt to Equity (x) 0.00 0.00 0.00 0.00 0.00 Contingent Liabilities 3,419.00 2,388.00 2,298.00 1,821.00 2,124.00 All figures in Rs Cr, unless mentioned otherwise
InsightsZero Debt Burden
Company has no debt since last 5 years. (Source: Consolidated Financials)
Annual FY 2024 FY 2023 FY 2022 FY 2021 FY 2020 Net Cash flow from Operating Activities 44,338.00 41,965.00 39,949.00 38,802.00 32,369.00 Net Cash used in Investing Activities 6,026.00 39.00 -897.00 -8,129.00 8,565.00 Net Cash flow from Financing Activities -48,536.00 -47,878.00 -33,581.00 -32,634.00 -39,915.00 Net Cash Flow 1,893.00 -5,365.00 5,630.00 -1,788.00 1,422.00 Closing Cash & Cash Equivalent 9,016.00 7,123.00 12,488.00 6,858.00 8,646.00 Closing Cash & Cash Equivalent Growth (%) 26.58 -42.96 82.09 -20.68 19.68 Total Debt/ CFO (x) 0.00 0.00 0.00 0.00 0.00 All figures in Rs Cr, unless mentioned otherwise
Annual FY 2024 FY 2023 FY 2022 FY 2021 FY 2020 Return on Equity (%) 50.73 46.61 42.99 37.52 38.44 Return on Capital Employed (%) 63.51 57.63 52.91 47.21 46.00 Return on Assets (%) 31.34 29.33 27.08 24.80 26.74 Interest Coverage Ratio (x) 88.33 80.50 72.80 77.99 46.72 Asset Turnover Ratio (x) 1.66 1.58 1.41 1.18 129.81 Price to Earnings (x) 30.67 27.86 35.71 36.36 21.14 Price to Book (x) 15.54 12.98 15.35 13.60 8.13 EV/EBITDA (x) 20.28 18.55 23.67 23.49 14.45 EBITDA Margin (%) 28.52 27.81 29.76 30.26 29.75
Peer Comparison
NAME 1D 1W 1M 3M 1Y 3Y 5Y TCS Stock Performance 1.90 8.37 0.45 -3.17 23.96 24.31 82.34 Infosys Stock Performance 1.54 13.07 10.51 -1.59 25.66 12.40 115.23 HCL Tech Stock Performance 0.64 10.93 11.27 -10.31 32.36 51.23 172.11 Wipro Stock Performance 2.43 20.34 15.67 2.30 32.73 -3.10 78.73 Tech Mahindra Stock Performance 2.92 19.83 16.00 14.28 38.48 39.90 96.08 All values in %
Mutual Funds Ownership
MF Ownership as on 31 May 2024
2,006.20
Amount Invested (in Cr.)
5.75%
% of AUM
0.00
% Change (MoM basis)
ICICI Pru Technology Direct-G
Equity: Sectoral-Technology
1,569.57
Amount Invested (in Cr.)
13.36%
% of AUM
-8.28
% Change (MoM basis)
1,553.49
Amount Invested (in Cr.)
4.75%
% of AUM
0.00
% Change (MoM basis)
TCS Futures & Options
Date Price Open Interest 25-07-2024Current
91.3022.45 (32.61%)
14,62,1255,41,800 (37.06%)
68.80Open108.00High65.00Low68.85Close46,074Contracts Traded3,30,084.36Turnover (₹ Lakhs)Open Interest as of 01 Jul 2024
Date Price Open Interest 25-07-2024Current
3,982.9561.15 (1.56%)
1,77,17,00028,525 (0.16%)
3,916.25Open4,009.45High3,911.50Low3,921.80Prev Close23,094Contracts Traded1,60,834.72Turnover (₹ Lakhs)Open Interest as of 01 Jul 2024
Corporate Actions
Board Meeting
Quarterly Results & Interim Dividend
Jun 28, 2024
Interim Dividend
0%
Jun 28, 2024
Final
2800%
Apr 12, 2024
Announced on Meeting on Jun 28, 2024 Jul 11, 2024 Quarterly Results & Interim Dividend Apr 01, 2024 Apr 12, 2024 Audited Results & Final Dividend Dec 29, 2023 Jan 11, 2024 Quarterly Results & Interim Dividend Oct 09, 2023 Oct 11, 2023 Qtr Results, Interim Dividend & Buy Back Jun 30, 2023 Jul 12, 2023 Quarterly Results & Interim Dividend Announced on Ex-Date Dividend% Jun 28, 2024 Jul 19, 2024 0% Apr 12, 2024 May 16, 2024 2800% Jan 11, 2024 Jan 19, 2024 1800% Dec 29, 2023 Jan 19, 2024 900% Sep 29, 2023 Oct 19, 2023 900% Announced on Ex-Date Apr 19, 2018 May 31, 2018 Bonus Ratio: 1 share(s) for every 1 shares held Apr 20, 2009 Jun 16, 2009 Bonus Ratio: 1 share(s) for every 1 shares held Apr 17, 2006 Jul 28, 2006 Bonus Ratio: 1 share(s) for every 1 shares held No Data Available
No Data Available
Announced on Meeting on Nov 16, 2023 Nov 25, 2023 Buy Back of Shares Oct 17, 2023 Nov 17, 2023 - Apr 12, 2023 Jun 29, 2023 - Jan 13, 2023 Feb 14, 2023 - May 19, 2022 Jun 09, 2022 -
About
Tata Consultancy Services Ltd., incorporated in the year 1995, is a Large Cap company (having a market cap of Rs 1,439,347.58 Crore) operating in IT Software sector.
Tata Consultancy Services Ltd. key Products/Revenue Segments include Consultancy Income and Sale of Equipment & Software Licences for the year ending 31-Mar-2024.
For the quarter ended 31-03-2024, the company has reported a Consolidated Total Income of Rs 62,394.00 Crore, up 1.54 % from last quarter Total Income of Rs 61,445.00 Crore and up 3.41 % from last year same quarter Total Income of Rs 60,337.00 Crore. Company has reported net profit after tax of Rs 12,502.00 Crore in latest quarter.
The company’s top management includes Mr.N Chandrasekaran, Mr.K Krithivasan, Mr.N G Subramaniam, Ms.Aarthi Subramanian, Mr.Al-Noor Ramji, Ms.Hanne Sorensen, Mr.Keki M Mistry, Mr.O P Bhatt, Dr.Pradeep Kumar Khosla, Mr.Samir Seksaria, Mr.Pradeep Manohar Gaitonde. Company has B S R & Co. LLP as its auditors. As on 31-03-2024, the company has a total of 361.81 Crore shares outstanding.
About TCS
Tata Consultancy Services Ltd., incorporated in the year 1995, is a Large Cap company (having a market cap of Rs 1,439,347.58 Crore) operating in IT Software sector. Tata Consultancy Services Ltd. key Products/Revenue Segments include Consultancy Income and Sale of Equipment & Software Licences for the year ending 31-Mar-2024.For the quarter ended 31-03-2024, the company has reported a Consolidated Total Income of Rs 62,394.00 Crore, up 1.54 % from last quarter Total Income of Rs 61,445.00 Crore and up 3.41 % from last year same quarter Total Income of Rs 60,337.00 Crore. Company has reported net profit after tax of Rs 12,502.00 Crore in latest quarter.The company’s top management includes Mr.N Chandrasekaran, Mr.K Krithivasan, Mr.N G Subramaniam, Ms.Aarthi Subramanian, Mr.Al-Noor Ramji, Ms.Hanne Sorensen, Mr.Keki M Mistry, Mr.O P Bhatt, Dr.Pradeep Kumar Khosla, Mr.Samir Seksaria, Mr.Pradeep Manohar Gaitonde. Company has B S R & Co. LLP as its auditors. As on 31-03-2024, the company has a total of 361.81 Crore shares outstanding.
Key Indices Listed On
Nifty 50, BSE Sensex, Nifty IT, Nifty 100, Nifty 200
Address
9th Floor,Nirmal Building,Mumbai, Maharashtra - 400021
Executive Leadership
N Chandrasekaran
ChairmanK Krithivasan
Managing Director & CEON G Subramaniam
Exe.Director & COOAarthi Subramanian
Non Exe.Non Ind.DirectorAuditors
Brands
FAQs about TCS share
- 1. What's TCS share price today and what are TCS share returns ?TCS share price was Rs 3,978.20 as on 01 Jul, 2024, 03:59 PM IST. TCS share price was up by 1.90% based on previous share price of Rs. 3934.15. In last 1 Month, TCS share price moved up by 8.37%.
- 2. What's the market capitalization of TCS?Market Capitalization of TCS stock is Rs 14,39,348 Cr.
- 3. What is the recommendation for TCS - Buy or Sell?As per Refinitiv (erstwhile Thomson Reuters), overall mean recommendation by 43 analysts for TCS stock is to Hold. Recommendation breakup is as follows
- 5 analysts are recommending Strong Buy
- 19 analysts are recommending to Buy
- 10 analysts are recommending to Hold
- 7 analysts are recommending to Sell
- 2 analysts are recommending Strong Sell
- 4. What are the TCS quarterly results?Total Revenue and Earning for TCS for the year ending 2024-03-31 was Rs 245315.00 Cr and Rs 45908.00 Cr on Consolidated basis. Last Quarter 2024-03-31, TCS reported an income of Rs 62394.00 Cr and profit of Rs 12434.00 Cr.
- 5. What is TCS's 52 week high / low?52 Week high of TCS share is Rs 4,254.75 while 52 week low is Rs 3,214.10
- 6. What is the CAGR of TCS?The CAGR of TCS is 10.06.
- 7. What are the returns for TCS share?Return Performance of TCS Shares:
- 1 Week: TCS share price moved up by 4.23%
- 1 Month: TCS share price moved up by 8.37%
- 3 Month: TCS share price moved up by 1.57%
- 6 Month: TCS share price moved up by 4.38%
- 8. Who are the peers for TCS in IT Software sector?Within IT Software sector TCS, Infosys Ltd., HCL Technologies Ltd., Wipro Ltd. and Tech Mahindra Ltd. are usually compared together by investors for analysis.
- 9. What are the key metrics to analyse TCS Share Price?Key Metrics for TCS are:
- PE Ratio of TCS is 31.35
- Price/Sales ratio of TCS is 5.84
- Price to Book ratio of TCS is 15.47
- 10. Who is the CEO of TCS?K Krithivasan is the Managing Director & CEO of TCS
- 11. What is the PE & PB ratio of TCS?The PE ratio of TCS stands at 30.77, while the PB ratio is 15.48.
- 12. Who is the chairman of TCS?N Chandrasekaran is the Chairman of TCS
- 13. Who's the owner of TCS?Promoter,DII and FII owns 72.41, 9.98 and 12.46 shares of TCS as on 31 Mar 2024
- Promoter holding have gone down from 72.41 (31 Dec 2023) to 71.77 (31 Mar 2024)
- Domestic Institutional Investors holding has gone up from 9.98 (31 Dec 2023) to 10.6 (31 Mar 2024)
- Foreign Institutional Investors holding has gone up from 12.46 (31 Dec 2023) to 12.7 (31 Mar 2024)
- Other investor holding have gone down from 5.14 (31 Dec 2023) to 4.93 (31 Mar 2024)
- 14. What dividend is TCS giving?Tata Consultancy Services Ltd. announced an equity dividend of 0% on a face value of 1.0 amounting to Rs 0 per share on 28 Jun 2024. The ex dividend date is 19 Jul 2024.
Trending in Markets
DATA SOURCES: TickerPlant (for live BSE/NSE quotes service) and Dion Global Solutions Ltd. (for corporate data, historical price & volume, F&O data). Sensex & BSE Quotes and Nifty & NSE Quotes are real-time and licensed from BSE and NSE respectively. All timestamps are reflected in IST (Indian Standard Time).
DISCLAIMER: Any and all content on this website including tools/analysis is provided to you only for convenience and on an “as-is, as- available” basis without representation and warranties of any kind. The content and any output of such tools/analysis is for informational purposes only and should not be relied upon or construed as an investment advice or guarantee for any specific performance/returns advice or considered as recommendation for the purchase or sale of any security or investment. You are advised to exercise caution, discretion and independent judgment with regards to the same and seek advice from professionals and certified experts before taking any decisions.
By using this site, you agree to the Terms of Service and Privacy Policy.