Tata Consultancy Services
Market cap ₹9.15 L Cr
- P/E
- 17.73
- Day range
- ₹2,517.20 – ₹2,625.00
- 52-week range
- ₹1,976.80 – ₹3,350.00
- Volume
- 68.57 L
- Open
- ₹2,568.00
- Prev close
- ₹2,506.90
Latest results · Q2 FY27(consolidated)Revenue ₹73,188 Cr+11.2%Profit ₹13,934 Cr+14.9%Margin 19.0%YoY vs the same quarter last year
No red flags in exchange filings: no rising pledge, promoter selling, surveillance or critical filing on record.
TCS in NSE indices and F&O
F&O margin for one lot of TCS (225 shares)Research profile
Composite 64 / 100Factor percentiles
Derived metrics
- Earn. yield
- 5.6%
- Graham no.
- ₹1,055.83
- vs Graham
- -58.3%
- ROE ÷ P/B
- 6.4%
- 12-1 mom.
- -28.9%
- Return / vol
- -0.50
- Magic Formula
- #15
- Piotroski
- 4/8
- FCF yield
- 5.2%
- PEG
- 1.46
Appears in 18 scans
Percentiles rank this stock against the other tracked stocks and change as they do. Scans describe where figures sit today. Hover a label for its definition. Not investment advice.
Peer comparison
All 39 in IT| Company | M-cap | P/E | P/B | ROE | ROCE | OPM | D/E | Sales YoY |
|---|---|---|---|---|---|---|---|---|
| Tata Consultancy ServicesTCS | ₹9.15 L Cr | 17.73 | 7.69 | 49.0% | 63.0% | 26.0% | 0.10 | +11.2% |
| InfosysINFY | ₹4.67 L Cr | 15.36 | 5.12 | 31.2% | 40.0% | 24.0% | 0.10 | +14.0% |
| HCL TechnologiesHCLTECH | ₹3.85 L Cr | 21.04 | 5.08 | 23.0% | 30.0% | 21.0% | 0.08 | +11.5% |
| WiproWIPRO | ₹1.88 L Cr | 14.91 | 2.38 | 15.6% | 18.0% | 20.0% | 0.28 | +9.1% |
| Tech MahindraTECHM | ₹1.75 L Cr | 28.77 | 5.91 | 16.9% | 23.0% | 18.0% | 0.07 | +15.6% |
| LTIMindtreeLTM | ₹1.23 L Cr | 23.60 | 4.74 | 21.3% | 30.0% | 18.0% | 0.09 | +13.6% |
| Persistent SystemsPERSISTENT | ₹89,851 Cr | 50.10 | 10.53 | 26.3% | 34.0% | 14.0% | 0.07 | +30.2% |
| Oracle Financial ServicesOFSS | ₹84,289 Cr | 24.73 | 10.96 | 32.6% | 45.0% | 49.0% | 0.00 | +6.6% |
| Sector median | ₹12,855 Cr | 25.98 | 4.74 | 17.6% | 22.0% | 18.0% | 0.09 | +17.5% |
Sector as classified in the tracked universe; medians use every tracked IT company, and P/E only profitable ones. Tinted figures beat the median.
Latest news
Updated 1d agoHeadlines about Tata Consultancy Services from the last two weeks in the financial press. Stories belong to their publishers; Parasram India does not endorse them.
Key metrics
- P/E (TTM)
- 16.8
- EPS (TTM)
- ₹137.64
- Price / Book
- 7.69
- ROE (FY26)
- 49.0%
- ROCE (latest year)
- 63%
- Dividend yield
- 2.53%
Moving averages (NSE)
- 20-day
- ₹2,223.27
- Price above
- 50-day
- ₹2,248.22
- Price above
- 200-day
- ₹2,450.71
- Price above
Charts & trends
From company filings. Amounts in ₹ crore.
Revenue, profit & margin - quarterly
₹ crore; a loss shows red. Operating margin below, same periods.
- Revenue
- Net profit
Operating margin
Who owns the company
% of equity by quarter, latest Sept 2026
- Promoter
- DII
- FII
- Public
- Government
Cash flows
Where cash came from and went, by fiscal year (₹ crore)
- Operating
- Investing
- Financing
- Free cash flow
Return on equity
Net profit over shareholders' equity, by fiscal year
Equity vs debt
Shareholders' equity against borrowings (₹ crore); the ratio below, same years.
- Equity
- Debt
Debt to equity
Dividends per share
₹ by fiscal year of the ex-date; the latest year runs to date.
Financial statements
| Line item | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 60,583 | 61,237 | 62,613 | 64,259 | 63,973 | 64,479 | 63,437 | 65,799 | 67,087 | 70,698 | 72,275 | 73,188 |
| Expenses | 44,195 | 44,073 | 45,951 | 47,528 | 46,939 | 47,499 | 46,562 | 47,821 | 48,818 | 51,422 | 53,719 | 54,373 |
| Operating Profit | 16,388 | 17,164 | 16,662 | 16,731 | 17,034 | 16,980 | 16,875 | 17,978 | 18,269 | 19,276 | 18,556 | 18,815 |
| OPM % | 27% | 28% | 27% | 26% | 27% | 26% | 27% | 27% | 27% | 27% | 26% | 26% |
| Other Income | -96 | 1,157 | 962 | 729 | 1,243 | 1,028 | 1,660 | -268 | -2,273 | 757 | 900 | 1,337 |
| Interest | 230 | 226 | 173 | 162 | 234 | 227 | 195 | 229 | 538 | 265 | 273 | 252 |
| Depreciation | 1,233 | 1,246 | 1,220 | 1,266 | 1,377 | 1,379 | 1,361 | 1,413 | 1,380 | 1,406 | 1,239 | 1,262 |
| Profit before tax | 14,829 | 16,849 | 16,231 | 16,032 | 16,666 | 16,402 | 16,979 | 16,068 | 14,078 | 18,362 | 17,944 | 18,638 |
| Tax % | 25% | 26% | 25% | 25% | 25% | 25% | 24% | 24% | 24% | 25% | 25% | 25% |
| Net Profit | 11,097 | 12,502 | 12,105 | 11,955 | 12,444 | 12,293 | 12,819 | 12,131 | 10,720 | 13,784 | 13,420 | 13,934 |
| EPS in Rs | ₹30.56 | ₹34.37 | ₹33.28 | ₹32.92 | ₹34.22 | ₹33.79 | ₹35.27 | ₹33.37 | ₹29.45 | ₹37.92 | ₹36.90 | ₹38.37 |
From company filings, updated 25 Oct 2026. Consolidated figures where the company reports them. Information only, not investment advice.
Working-capital cycle
+26 days since Mar 2021
+26 days since Mar 2021
-21 days since Mar 2021
Strengths, risks & growth
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]
Strengths
- Company has a good return on equity (ROE) track record: 3 Years ROE 51.9%
- Company has been maintaining a healthy dividend payout of 77.5%
Risks
- Stock is trading at 7.69 times its book value
- The company has delivered a poor sales growth of 10.2% over past five years.
Compounded Sales Growth
- 10 Years
- +9%
- 5 Years
- +10%
- 3 Years
- +6%
- TTM
- +10%
Compounded Profit Growth
- 10 Years
- +8%
- 5 Years
- +9%
- 3 Years
- +8%
- TTM
- +9%
Stock Price CAGR
- 10 Years
- +8%
- 5 Years
- -6%
- 3 Years
- -9%
- 1 Year
- -17%
Return on Equity
- 10 Years
- +43%
- 5 Years
- +49%
- 3 Years
- +52%
- Last Year
- +52%
Strengths and risks are a machine-generated checklist, not advice; growth is compounded annually over each period.
Shareholding pattern
| Holder | Dec 2025 | Mar 2026 | Jun 2026 | Sept 2026 | Change |
|---|---|---|---|---|---|
| Promoter | 71.77% | 71.77% | 71.77% | 71.77% | 0.00 pp |
| FII | 10.37% | 9.66% | 9.07% | 9.01% | -0.06 pp |
| DII | 12.81% | 13.34% | 13.41% | 13.57% | +0.16 pp |
| Government | 0.06% | 0.06% | 0.06% | 0.00% | -0.06 pp |
| Public | 4.98% | 5.16% | 5.69% | 5.66% | -0.03 pp |
Filed with NSE for Sept 2026: promoters 71.77%, public 28.23% · XBRL filing
Analysts & fund holdings
Who holds the shares, quarter by quarter
Mutual funds 5.65% (-0.03 pp)- Promoters71.8%
- Foreign institutions9.0%
- Mutual funds5.7%
- Insurance6.8%
- Other domestic institutions1.1%
- Retail4.7%
- Others1.0%
| Fund | % of company | % of fund | 3-month change |
|---|---|---|---|
| Parag Parikh Flexi Cap Fund | 0.41% | 2.50% | -0.01 pp |
| Nippon India Large Cap Fund | 0.18% | 3.12% | +1.02 pp |
| ICICI Pru Value Fund | 0.17% | 2.58% | -0.64 pp |
| SBI Aggressive Hybrid Fund | 0.16% | 1.67% | +0.01 pp |
| HDFC Balanced Advantage Fund | 0.12% | 1.08% | +0.05 pp |
Scorecard
- Performance
- Low
- Valuation
- High
- Growth
- Low
- Profitability
- High
- Entry point
- Bad
- Red flags
- Low
Analyst coverage, holdings and scorecard from market data; not a recommendation by Parasram India.
Risk & trend
From 275 daily sessions to 23 Oct 2026.
Risk
- Volatility (1Y)
- 29.2%
- Downside volatility
- 29.1%
- Worst 5% of days
- 3.1%
- Average of that tail
- 4.6%
- Max drawdown (1Y)
- 40.4%
- Below its peak
- 23.9%
Against the market
- Beta vs Nifty 50
- 0.85
- Correlation
- 0.39
- Relative strength (3M)
- +18.1%
- ATR (14)
- 3.0%
Return
- Return 1M
- +20.2%
- Return 3M
- +12.8%
- Return 6M
- -0.3%
- Return 1Y
- -14.5%
- vs 200-day average
- +3.2%
Momentum
- RSI (14) · overbought
- 74.3
- MACD histogram
- 49.25
- Stochastic %K
- 83.2
- ADX (14)
- 35.9
- +DI / −DI
- 40.8 / 8.0
- Money flow index
- 88.7
Participation
- Delivery (20d avg)
- 47.2%
- vs its 60-day baseline
- -1.5 pts
- Volume vs 20-day
- +0.3σ
- Close vs day's VWAP
- -1.5%
- 52-week position
- 41 / 100
These describe what this stock's price has already done. They are not forecasts, signals or recommendations, and a dash means the figure was withheld for want of enough history rather than being zero.
Financial quality
From consolidated statements to 31 Mar 2026.
Piotroski F-Score
4 of 8 tested
- Return on assets positive — passed
- Operating cash flow positive — passed
- Return on assets improving — failed
- Cash flow exceeds profit — passed
- Debt to assets falling — failed
- Current ratio improving — failed
- No new equity issued — not testableno share count is collected, and financing cash flow mixes equity with debt
- Operating margin improving — passed
- Asset turnover improving — failed
- Free cash flow
- ₹47,948 Cr
- FCF yield
- 5.2%
- Cash conversion
- 1.05
- Accruals ratio
- -0.014
- Net debt
- ₹4,878 Cr
- Net debt / equity
- 0.05
- EV / sales
- 3.25
- PEG
- 1.46
- Capex intensity
- 1.6%
- Revenue CAGR
- 8.3%
- Profit CAGR
- 8.5%
Computed from filed statements, not filed themselves. A dash means an input was absent, and the score counts only the criteria that could actually be tested.
Model simulation
30 independent runs of NeoQuasar/Kronos-small, conditioned on daily bars to 23 Oct 2026, simulating 10 sessions ahead.
Lower edge (10th percentile)
₹2,237.79
-11.5%
Upper edge (90th percentile)
₹2,606.65
+3.0%
The marker is the last close, ₹2,530. Eight of every ten simulated runs ended inside this range; the middle run ended at ₹2,374.52 (-6.1%), which is the centre of the simulation and not an expected or target price.
The model reads price history only. It has not seen this company's results, its filings, its industry or anything that happened after 23 Oct 2026. Ranges widen with horizon because the further out the simulation runs, the less the recent past constrains it.
Corporate actions
- dividend₹12.00
Interim Dividend - Rs 12 Per Share
14 Oct 2026ex-date - dividend₹12.00
Interim Dividend - Rs 12 Per Share
15 Jul 2026ex-date - dividend₹31.00
Dividend - Rs 31 Per Share
25 May 2026ex-date - dividend₹11.00
Interim Dividend Rs 11 Per Share/ Special Dividend Rs 46 Per Share
16 Jan 2026ex-date - dividend₹11.00
Interim Dividend - Rs 11 Per Share
15 Oct 2025ex-date - dividend₹11.00
Interim Dividend - Rs 11 Per Share
16 Jul 2025ex-date - dividend₹30.00
Dividend - Rs 30 Per Share
4 Jun 2025ex-date - dividend₹10.00
Interim Dividend - Rs 10 Per Share Special Dividend - Rs 66 Per Share
17 Jan 2025ex-date - dividend₹10.00
Interim Dividend - Rs 10 Per Share
18 Oct 2024ex-date - dividend₹10.00
Interim Dividend - Rs 10 Per Share
19 Jul 2024ex-date - dividend₹28.00
Dividend - Rs 28 Per Share
16 May 2024ex-date - dividend₹9.00
Interim Dividend - Rs 9 Per Share Special Dividend - Rs 18 Per Share
19 Jan 2024ex-date - buybackNot available — not reported in this filing
Buy Back
24 Nov 2023ex-date - dividend₹9.00
Interim Dividend - Rs 9 Per Share
19 Oct 2023ex-date - dividend₹9.00
Interim Dividend - Rs 9 Per Share
20 Jul 2023ex-date - dividend₹24.00
Dividend - Rs 24 Per Share
15 Jun 2023ex-date - dividend₹8.00
Interim Dividend - Rs 8 Per Share Special Dividend - Rs 67 Per Share
16 Jan 2023ex-date - dividend₹8.00
Interim Dividend - Rs 8 Per Share
17 Oct 2022ex-date - dividend₹8.00
Interim Dividend- Rs 8 Per Share
14 Jul 2022ex-date - dividend₹22.00
Dividend - Rs 22 Per Share
25 May 2022ex-date - buybackNot available — not reported in this filing
Buyback
22 Feb 2022ex-date
Company announcements
Press release dated October 1, 2026
Schedule of Analyst/Institutional Investor Meeting
Tata Consultancy Services Limited has informed the Exchange about the Acquisition
Outcome of the Meeting of the Investment Committee, as empowered by the Board, held on October 1, 2026
Newspaper Advertisement-Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
Newspaper advertisement regarding the opening of another special window for re-lodgement of transfer request of physical shares.
Press Release - TCS renews title partnership with Jaguar TCS Racing and expands role as official AI partner ahead of Formula E's GEN4 era
The second interim dividend, if declared, shall be paid to the equity shareholders of the Company whose names appear in the Register of Members of the Company or in the records of the Depositories ....
Tata Consultancy Services Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 08/10/2026 ,inter alia, to consider and approve i. approve and take ....
Newspaper Advertisement pertaining to loss of share certificate
Press Release - TCS to Accelerate AI-Led Technology Transformation for Germany's Aareal Bank
Press Release - DGCX partners with TCS to advance and upgrade derivatives market infrastructure
Press Release - TCS launches India's first lights-out factory lab to advance AI-first manufacturing
Press Release - TCS wins Rs 122 crore bid to build AI-enabled digital governance platform for Odisha Government
Press Release - TCS launches AI-native creative engineering studio in the UK
Filed with BSE (scrip 532540); the last 45 days. Documents open at bseindia.com.
SEBI filings & orders
From SEBI's website. An order may concern the company, its officers or trading in its shares, and may be under appeal - read the order itself. Personal identifiers are withheld.
Buybacks, open offers & rights issues
- Buyback
Tata Consultancy Services Limited
17 Nov 2023Read on SEBI - Buyback
Tata Consultancy Services Limited
14 Feb 2022Read on SEBI - Buyback - Post offer advertisement
Tata Consultancy Services - Post offer advertisement
7 Jan 2021Read on SEBI - Buyback - Draft Letter of Offer
Tata Consultancy Services - Draft Letter of Offer
25 Nov 2020Read on SEBI - Buyback - DLOF
Tata Consultancy Services - DLOF
24 Nov 2020Read on SEBI
Regulatory orders
- Adjudication order
Adjudication Order in the matter of circulation of UPSI through WhatsApp messages with respect to Tata Consultancy Services Ltd.
29 Sept 2022Read on SEBI
Documents
Annual reports
Earnings calls
- Oct 2026TranscriptRecording
- Jul 2026Transcript
- Jul 2026TranscriptSlidesRecording
- Apr 2026TranscriptRecording
- Mar 2026Slides
- Jan 2026TranscriptRecording
Credit ratings
- Rating update · 20 Aug from icra
- Rating update · 25 Aug 2025 from icra
- Rating update · 10 Sep 2024 from icra
- Rating update · 24 Jul 2023 from icra
- Rating update · 30 May 2022 from icra
- Rating update · 20 Sep 2021 from icra
Documents open at BSE or the rating agency that issued them.
Sourced from the company's NSE XBRL filing dated 9 Oct 2026 (audited). View the source filing. Figures are as filed and are not investment advice.
Tata Consultancy Services: common questions
Answered from the figures on this page.
