Login
Products
Login
Home
Alerts
Search
Watchlists
Products
Tata Consultancy Services Ltd
TCS
NSE
3,238.20
0.28%
Last Updated:
05 Dec '25, 4:00 PM
Company Overview
Alert
Watchlist
Note
Tata Consultancy Services Ltd
TCS
NSE
3,238.20
0.28%
05 Dec '25, 4:00 PM
Company Overview
Add Alert
Add to Watchlist
Edit Note
Charts
Documents
Quick Ratios
Edit Ratios
Mkt Cap
Market Capitalization
11,71,609Cr
Close Price
Close Price
3,238.20
Industry
Industry
IT Consulting & Software - Large
PE
Price To Earnings
23.29
PS
Price To Sales
4.55
Revenue
Revenue
2,57,688Cr
Revenue Growth TTM
Revenue Growth TTM
3.62%
PAT Growth TTM
PAT Growth TTM
4.26%
Quarterly Results
Consolidated
Standalone
Numbers
Percentage
QuarterDec 22Mar 23Jun 23Sep 23Dec 23Mar 24Jun 24Sep 24Dec 24Mar 25Jun 25Sep 25
Revenue
RevenueCr
58,22959,16259,38159,69260,58361,23762,61364,25963,97364,47963,43765,799
Growth YoY
Revenue Growth YoY%
19.116.912.67.94.03.55.47.75.65.31.32.4
Expenses
ExpensesCr
42,67643,38844,38343,94644,19544,07345,95147,52846,93947,49946,56247,821
Operating Profit
Operating ProfitCr
15,55315,77414,99815,74616,38817,16416,66216,73117,03416,98016,87517,978
OPM
OPM%
26.726.725.326.427.128.026.626.026.626.326.627.3
Other Income
Other IncomeCr
5201,1751,3971,006-961,1579627291,2431,0281,660-268
Interest Expense
Interest ExpenseCr
160272163159230226173162234227195229
Depreciation
DepreciationCr
1,2691,2861,2431,2631,2331,2461,2201,2661,3771,3791,3611,413
PBT
PBTCr
14,64415,39114,98915,33014,82916,84916,23116,03216,66616,40216,97916,068
Tax
TaxCr
3,7613,9553,8693,9503,7324,3474,1264,0774,2224,1094,1603,937
PAT
PATCr
10,88311,43611,12011,38011,09712,50212,10511,95512,44412,29312,81912,131
Growth YoY
PAT Growth YoY%
11.014.816.88.72.09.38.95.012.1-1.75.91.5
NPM
NPM%
18.719.318.719.118.320.419.318.619.419.120.218.4
EPS
EPS
29.631.130.331.030.334.433.332.934.233.835.333.4
Profit & Loss
Consolidated
Standalone
Numbers
Percentage
Financial YearMar 15Mar 16Mar 17Mar 18Mar 19Mar 20Mar 21Mar 22Mar 23Mar 24Mar 25TTM
Revenue
RevenueCr
94,6481,08,6461,17,9661,23,1041,46,4631,56,9491,64,1771,91,7542,25,4582,40,8932,55,3242,57,688
Growth
Revenue Growth%
14.88.64.419.07.24.616.817.66.86.00.9
Expenses
ExpensesCr
70,16777,96985,65590,5881,06,9571,14,8401,17,6311,38,6971,66,1991,76,5971,87,9171,88,821
Operating Profit
Operating ProfitCr
24,48230,67732,31132,51639,50642,10946,54653,05759,25964,29667,40768,867
OPM
OPM%
25.928.227.426.427.026.828.427.726.326.726.426.7
Other Income
Other IncomeCr
3,7203,0844,2213,6424,3114,5921,9164,0183,4493,4643,9623,663
Interest Expense
Interest ExpenseCr
104333252198924637784779778796885
Depreciation
DepreciationCr
1,7991,8881,9872,0142,0563,5294,0654,6045,0224,9855,2425,530
PBT
PBTCr
26,29831,84034,51334,09241,56342,24843,76051,68756,90761,99765,33166,115
Tax
TaxCr
6,2397,5028,1568,21210,0019,80111,19813,23814,60415,89816,53416,428
PAT
PATCr
20,06024,33826,35725,88031,56232,44732,56238,44942,30346,09948,79749,687
Growth
PAT Growth%
21.38.3-1.822.02.80.318.110.09.05.81.8
NPM
NPM%
21.222.422.321.021.620.719.820.118.819.119.119.3
EPS
EPS
61.666.767.183.086.286.7103.6115.2125.9134.2136.6
Balance Sheet
Consolidated
Standalone
Numbers
Percentage
Financial YearMar 15Mar 16Mar 17Mar 18Mar 19Mar 20Mar 21Mar 22Mar 23Mar 24Mar 25Sep 25
Equity Capital
Equity CapitalCr
196197197191375375370366366362362362
Reserves
ReservesCr
50,43970,87586,01784,93789,07183,75186,06388,77390,05890,12794,3941,06,053
Current Liabilities
Current LiabilitiesCr
20,31815,56914,51217,82822,08427,06034,15542,35143,55846,10453,00155,284
Non Current Liabilities
Non Current LiabilitiesCr
1,5802,1002,1602,9382,9609,0909,4969,3178,8879,02610,85712,474
Total Liabilities
Total LiabilitiesCr
73,66189,0961,03,2521,06,2961,14,9431,20,8991,30,7591,41,5141,43,6511,46,4491,59,6291,75,219
Current Assets
Current AssetsCr
48,81363,21380,31681,22492,13190,23799,2801,08,3101,10,2701,12,9841,23,0111,34,499
Non Current Assets
Non Current AssetsCr
24,84825,88322,93625,07222,81230,66231,47933,20433,38133,46536,61840,720
Total Assets
Total AssetsCr
73,66189,0961,03,2521,06,2961,14,9431,20,8991,30,7591,41,5141,43,6511,46,4491,59,6291,75,219
Cash Flow
Consolidated
Standalone
Financial YearMar 16Mar 17Mar 18Mar 19Mar 20Mar 21Mar 22Mar 23Mar 24Mar 25
Operating Cash Flow
Operating Cash FlowCr
19,10925,22325,06728,59332,36938,80239,94941,96544,33848,908
Investing Cash Flow
Investing Cash FlowCr
-5,150-16,7322,8861,5968,565-8,129-897396,026-2,318
Financing Cash Flow
Financing Cash FlowCr
-9,666-11,026-26,885-27,897-39,915-32,634-33,581-47,878-48,536-47,438
Net Cash Flow
Net Cash FlowCr
4,293-2,5351,0682,2921,019-1,9615,471-5,8741,828-848
Free Cash Flow
Free Cash FlowCr
17,14423,27023,26326,63929,99236,12037,49739,47042,15346,014
CFO To PAT
CFO To PAT%
78.595.796.990.699.8119.2103.999.296.2100.2
CFO To EBITDA
CFO To EBITDA%
62.378.177.172.476.983.475.370.869.072.6
Ratios
Consolidated
Standalone
Financial YearMar 15Mar 16Mar 17Mar 18Mar 19Mar 20Mar 21Mar 22Mar 23Mar 24Mar 25
Valuation Ratios
Valuation Ratios
Market Cap
Market CapitalizationCr
4,98,8914,95,7704,79,0315,45,4387,50,6276,84,07811,75,41113,68,04611,73,01914,05,10213,04,122
Price To Earnings
Price To Earnings
29.021.819.521.123.821.136.335.727.830.626.9
Price To Sales
Price To Sales
5.34.64.14.45.14.47.27.15.25.85.1
Price To Book
Price To Book
9.87.05.66.48.48.213.715.413.015.613.9
EV To EBITDA
EV To EBITDA
19.615.914.716.618.716.225.225.619.721.819.3
Profitability Ratios
Profitability Ratios
GPM
GPM%
100.0100.097.697.8100.0100.0100.0100.0100.0100.0100.0
OPM
OPM%
25.928.227.426.427.026.828.427.726.326.726.4
NPM
NPM%
21.222.422.321.021.620.719.820.118.819.119.1
ROCE
ROCE%
51.844.739.940.046.746.847.154.158.863.763.5
ROE
ROE%
39.634.230.630.435.338.637.743.146.850.951.5
ROA
ROA%
27.227.325.524.427.526.824.927.229.431.530.6
Operational Ratios
Operational Ratios
Solvency Ratios
Solvency Ratios
Liquidity Ratios
Liquidity Ratios
### **Overview** Tata Consultancy Services (TCS) is a global leader in IT services, consulting, and business solutions, with a 55+ year legacy of enabling digital transformation for enterprises worldwide. As of November 2025, TCS continues to solidify its position as a preferred strategic partner across key industries, leveraging its deep domain expertise, innovation-driven platforms, and robust global delivery model. The company operates in over 46 countries, serving clients across major sectors including Banking & Financial Services, Retail, Healthcare, Telecommunications, Manufacturing, and Public Services. TCS delivers solutions through its **Secure Borderless Workspaces™ (SBWS™)** operating model, enabling agile, distributed, and resilient digital delivery. With a **Location Independent Agile™** approach, TCS supports complex, large-scale transformation programs while maintaining high client trust, security, and operational excellence. --- ### **Recent Strategic Developments (October 2025 – Current)** TCS has witnessed aggressive growth and innovation momentum in 2025, particularly in the areas of **Artificial Intelligence (AI), cloud transformation, semiconductor engineering, data center expansion, and automotive digitalization**. #### **1. AI & Generative AI Leadership** TCS has accelerated its adoption of **AI, GenAI, and agentic AI** across verticals: - Partnered with a **major UK bank** to establish a **GenAI Office** for enterprise-wide AI deployment, enhancing personalized banking experiences. - Co-developing **domain-specific AI agents** with **Google Cloud** using **Gemini Enterprise**, supported by **five global Gemini Experience Centres**. - Deployed **150+ domain-specific AI agents** across industries, enhancing operational automation, decision-making, and customer experience. - **Cognix™** and **ignio™ AIOps** platforms are central to AI-powered transformations in IT operations, finance, HR, and supply chain. #### **2. Cloud & Sovereign Infrastructure Expansion** - Launched **SovereignSecure™ Cloud**, gaining traction with Indian clients seeking secure, compliant, and sovereign cloud infrastructure. - Expanded strategic cloud partnerships with **AWS, Microsoft Azure, and Google Cloud**, including joint GTM models and hyperscaler-aligned accelerators. - Formed dedicated **geographically distributed partner teams** to deepen co-innovation with hyperscalers and enterprise clients. #### **3. New Market Initiatives** - **Identified a significant unmet demand in the data center market**, projecting a tenfold increase in demand over the next 5–6 years. - Current committed capacity: only **5–6 gigawatts**; existing capacity: just **1.2 GW**. - Strategic move to enter the **high-growth data center space**, offering long-term annuity revenue and deeper hyperscaler collaboration. - Opened a **new office in Mexico City**, focusing on AI, cloud, cybersecurity, and IoT, reinforcing TCS’s strategic footprint in **Latin America**. #### **4. Semiconductor & AI Hardware Innovation** - Launched **Chiplet-based System Engineering Services** to help semiconductor firms design faster, more efficient processors using **modular chiplet design**. - Supports **UCIe™ and HBM** standards, **2.5D/3D interposers**, and multi-layer substrates. - Collaborated with a **North American semiconductor firm** to accelerate AI processor development via modern chiplet architectures. - Strengthened R&D in semiconductor engineering with proprietary tools like **TCS WaferWise™** and **NeurEDA™**, enabling AI-powered yield and quality optimization. #### **5. Automotive & Software-Defined Vehicles (SDV)** - Expanded **autonomous and connected vehicle innovation** in Europe by **establishing three new hubs**. - Delivered **digital engineering solutions** in **digital cockpit, electrification, ADAS, and connected car ecosystems**. - Leveraged **SDx capabilities** and **TCS Mobility Cloud Suite** for next-gen mobility platforms, including **subscription models and usage-based insurance**. #### **6. Major Client Engagements (Q3–Q4 2025)** TCS secured several high-value, multi-year contracts, reinforcing its role as a transformation catalyst: | Client | Industry | Project Scope | Value | |-------|--------|---------------|-------| | **Tryg** (Scandinavia) | Insurance | 7-year, **$647M** agreement to standardize IT ops, unify systems across DK, SE, NO, and integrate AI. | $647M | | **Global Healthcare Company** | Life Sciences | Multi-hundred-million-dollar contract to transform value-based care, pharmacy services, and customer experience using AI, cloud, cybersecurity. | >$100M | | **U.S. Insurer** | Insurance | Infrastructure consolidation using AI, scalable cloud ops, and site reliability engineering. | Multi-year | | **Unilab, Inc.** | Pharma (Philippines) | Core systems modernization via **strategic cloud migration**. | Multi-year | | **ARN Media** | Media & Entertainment (Australia) | Automation, global delivery optimization, and cloud-first data platform to streamline operations. | Multi-year | | **North American Networking Co.** | Technology | AI-powered Application Maintenance & Support, **expansion of Full Stack Observability Lab**. | Multi-year | --- ### **Industry Platforms & IP-Led Solutions** TCS continues to invest heavily in **proprietary platforms** to differentiate its offerings and drive faster transformation: | Platform | Use Case | Key Clients/Adoption Highlights | |--------|--------|-------------------------------| | **TCS BaNCS™** | Core banking, insurance, capital markets | >400 financial institutions; deployed in 100+ countries; **CTBC Bank, UniCredit, KBZ, Burgan Bank** | | **TCS Aviana™** | Cloud-native platform for intelligent airline operations | Partners with **Virgin Atlantic, Air New Zealand, Air France-KLM** | | **TCS Optumera™** | AI-powered retail intelligence | Deployed in 800+ stores; used by global retailers for **pricing, merchandising, supply chain** | | **TCS HOBS™** | Digital BSS/OSS for telecom | Used by **Community Fibre, Xoserve, Converge ICT** | | **TCS TwinX™** | Enterprise Digital Twin | Enables scenario simulation for marketing, operations; **used by MTN, PostNord, SonyLIV** | | **ignio™** | AIOps, autonomous IT operations | Deployed across 80% of SaaS customers; **150% productivity gain** in code generation | | **Cognix™** | AI-driven human-machine collaboration | Used in finance, HR, supply chain; supports **600+ pre-built Value Builders** | | **TCS Quartz™** | Blockchain platform | Used in finance, pharma, insurance for smart contracts, digital payments, and asset tracking | --- ### **Global Innovation & Delivery Hubs** - **Pace Ports™**: Co-innovation hubs in **New York, Amsterdam, Tokyo, Toronto, and Pittsburgh** – used for rapid prototyping with clients, startups, and academia. - **Design Studios**: Opened a **flagship design studio in NYC** to create unified digital experiences across ecosystems. - **COIN™ Network**: Collaborates with **2,700+ startups and 80+ academic institutions** to accelerate R&D. - **Specialized Centers of Excellence**: Established in **AI, aerospace (France), quantum computing, GenAI, and sustainable energy**. --- ### **Sustainability & Digital Transformation Focus** - Supports **Energy Transition, Smart Cities, and ESG** initiatives through platforms like **DeXAM™**, **Clever Energy™**, and **Envirozone™**. - Partners with UK’s **Openreach** and **Western Power** to build **smart grid platforms** using IoT and DERs aggregation. - Embedded **responsible AI frameworks**, **carbon tracking**, and **circular economy solutions** in client engagements. --- ### **Financial & Operational Highlights (2025 Update)** - **Strong Q3 growth** driven by **AI, cloud, and GenAI services**, with clients moving beyond basic chatbots to **agentic AI** with planning and reasoning capabilities. - Increasing demand for **multi-service transformation deals** and **vendors-of-record (VOR)** relationships. - Positioned to benefit from **long-term digital infrastructure investments**, including **data centers, sovereign cloud, and network modernization**. --- ### **Leadership & Client Recognition** - Ranked **#1 in customer satisfaction in Europe for 12 consecutive years** (Whitelane Research). - Ranked **#1 in the UK** by independent CIO survey for **IT service excellence**. - Recognized as a **Leader in Everest Group’s PEAK Matrix®** for Banking Operations, Life Sciences, and Capital Markets. - Serves **200+ FTSE100 and Fortune 500 clients**, including **50% of FTSE100**, demonstrating deep enterprise integration.