Tata Consultancy Services Limited

NSEI-TCS

Basic

Market Cap
₹15.88T
EV
₹15.54T
Shares Out
3,618.09M
Revenue
₹2,441.25B
Employees
601,546

Margins

Gross
39.89%
EBITDA
26.31%
Operating
24.99%
Pre-Tax
25.9%
Net
19.2%
FCF
17.01%

Returns (5Yr Avg)

ROA
27.58%
ROTA
41.31%
ROE
41.05%
ROCE
47.58%
ROIC
49.47%

Valuation (TTM)

P/E
—
P/B
—
EV/Sales
—
EV/EBITDA
—
P/FCF
—
EV/Gross Profit
—

Valuation (NTM)

Price Target
₹4,292.89
P/E
—
PEG
—
EV/Sales
—
EV/EBITDA
—
P/FCF
—

Financial Health

Cash
₹434.39B
Net Debt
-₹345.67B
Debt/Equity
0.1
EBIT/Interest
77.41

Growth (CAGR)

Rev 3Yr
12.54%
Rev 5Yr
10.18%
Rev 10Yr
11%
Dil EPS 3Yr
11.74%
Dil EPS 5Yr
8.54%
Dil EPS 10Yr
9.24%
Rev Fwd 2Yr
8.3%
EBITDA Fwd 2Yr
10.21%
EPS Fwd 2Yr
11.02%
EPS LT Growth Est
17.4%

Dividends

Yield
—
Payout
43.45%
DPS
₹56
DPS Growth 3Yr
11.87%
DPS Growth 5Yr
12.56%
DPS Growth 10Yr
13%
DPS Growth Fwd 2Yr
27.46%

Metric	Mar '15	Mar '16	Mar '17	Mar '18	Mar '19	Mar '20	Mar '21	Mar '22	Mar '23	Mar '24	LTM
Total Revenues						1,569,490	1,641,770	1,917,540	2,254,580	2,408,930	2,441,250
Total Revenues % Chg.						7.2%	4.6%	16.8%	17.6%	6.8%	5.2%
Cost of Goods Sold, Total						878,570	932,760	1,087,170	1,294,030	1,438,330	1,467,460
Gross Profit						690,920	709,010	830,370	960,550	970,600	973,790
Selling General & Admin Expenses, Total		—				27,020	21,310	21,390	26,550	31,000	31,700
Provision for Bad Debts		—	—	—	—	—	—	—	—	—	—
Depreciation & Amortization						35,290	40,650	46,040	50,220	49,850	49,620
Other Operating Expenses						242,800	222,230	278,500	341,410	296,640	282,490
Other Operating Expenses, Total						305,110	284,190	345,930	418,180	377,490	363,810
Operating Income						385,810	424,820	484,440	542,370	593,110	609,980
Interest Expense, Total						-9,240	-6,370	-7,840	-7,790	-7,780	-7,880
Interest And Investment Income						35,720	25,120	26,670	32,630	38,220	34,010
Net Interest Expenses						26,480	18,750	18,830	24,840	30,440	26,130
Currency Exchange Gains (Loss)						7,270	2,480	10,450	-1,590	2,230	2,390
Other Non Operating Income (Expenses)						190	560	870	970	510	440
EBT, Excl. Unusual Items						419,750	446,610	514,590	566,590	626,290	638,940
Gain (Loss) On Sale Of Investments						2,140	2,040	1,980	2,240	3,120	2,820
Gain (Loss) On Sale Of Assets						460	130	230	260	70	70
Legal Settlements	—	—	—	—	—	—	-12,180	—	—	-9,580	-9,580
Other Unusual Items		—	—	—	—	130	1,000	70	-20	70	140
EBT, Incl. Unusual Items						422,480	437,600	516,870	569,070	619,970	632,390
Income Tax Expense						98,010	111,980	132,380	146,040	158,980	161,550
Earnings From Continuing Operations						324,470	325,620	384,490	423,030	460,990	470,840
Minority Interest						-1,070	-1,320	-1,220	-1,560	-1,910	-2,100
Net Income						323,400	324,300	383,270	421,470	459,080	468,740
Net Income to Common Incl Extra Items						323,400	324,300	383,270	421,470	459,080	468,740
Net Income to Common Excl. Extra Items						323,400	324,300	383,270	421,470	459,080	468,740
Total Shares Outstanding						3,752.4	3,699.1	3,659.1	3,659.1	3,618.1	3,618.1
Weighted Avg. Shares Outstanding						3,752.4	3,740.1	3,698.8	3,659.1	3,646.9	3,636.6
Weighted Avg. Shares Outstanding Dil						3,752.4	3,740.1	3,698.8	3,659.1	3,646.9	3,636.6
EPS						86.2	86.7	103.6	115.2	125.9	128.9
EPS Diluted						86.2	86.7	103.6	115.2	125.9	128.9
EBITDA						408,420	450,470	514,880	576,250	625,800	642,260
Effective Tax Rate						23.2%	25.6%	25.6%	25.7%	25.6%	25.5%