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Earnings transcript
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TCS.
TCS.BO
Tata Consultancy Services Limited
$2528
25
(1%)
| Exchange: | BSE |
| Market Cap: | 9.201T |
| Shares Outstanding: | 3.74B |
Delayed data
About The Company
| Sector: | TechnologyView sector performance | |||||
| Industry: | Information Technology ServicesView industry performance | |||||
| CEO: | K. Krithivasan | |||||
| Full Time Employees: | 584519 | |||||
| Address: |
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| Website: | https://www.tcs.com |
Tata Consultancy Services Limited (TCS) is a leading global provider of comprehensive information technology and IT-enabled services. The company strategically organizes its operations into key segments, including Banking, Financial Services, and Insurance; Manufacturing; Retail and Consumer Business; Communication, Media, and Technology; and Life Sciences and Healthcare, along with other specialized areas. TCS offers a robust suite of technology platforms and specialized software solutions. This portfolio features TCS ADD, designed for clinical research and drug development; TCS BaNCS, a financial solution platform; and TCS BFSI Platforms, delivering cloud-native, as-a-service solutions for financial institutions and insurers. For talent management, it provides TCS CHROMA, a cloud-based solution. The company also supplies customer intelligence and insight tools, TCS ERP on Cloud for hosted enterprise resource planning applications, and TCS HOBS for managing connected devices. Additionally, its offerings include ignio, an autonomous enterprise software, and TCS Intelligent Urban Exchange, a solution for smart cities and businesses. Within the retail domain, TCS presents OmniStore, a versatile commerce platform, and OPTUMERA, a strategic intelligence platform. Its automation capabilities are demonstrated through TCS TAP for procurement and TCS MasterCraft, a platform of intelligent automation products. Other cutting-edge technologies encompass Quartz – The Smart Ledgers, a blockchain solution; Jile, an enterprise agile planning and delivery tool; TCS iON, an IT-as-a-Service model for business solutions; and TCS TwinX, an enterprise digital twin platform. Beyond these specific products, TCS delivers a wide spectrum of services. These include cloud computing, cognitive business solutions, strategic consulting, cybersecurity, advanced data and analytics, enterprise solutions implementation, Internet of Things (IoT) and digital engineering, interactive design, and sustainability services. The company’s diverse clientele spans numerous industries, such as capital markets, communications, media, information services, public services, energy, resources, utilities, consumer goods, and distribution. Its expertise also extends to sectors like banking, education, healthcare, high-tech, insurance, life sciences, manufacturing, retail, travel, and logistics. Established in 1968, Tata Consultancy Services Limited is headquartered in Mumbai, India, and operates as a subsidiary of Tata Sons Private Limited.
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Revenue Segmentation
Industry Peers
| TICKER | COMPANY | MKT CAP | P/E | FWD P/E | ROIC |
|---|---|---|---|---|---|
 TCS.BO | Tata Consultancy Services Limited | 9.20T | 17.3 | 1,701 | 39.9% |
 IBM | International Business Machines Corpor… | 238.9B | 20.3 | 20.5 | 10.4% |
 ACN | Accenture plc | 151.4B | 16.8 | 17.8 | 16.8% |
 INFY | Infosys Limited | 50.6B | 15.7 | 16.4 | 26.7% |
 CTSH | Cognizant Technology Solutions Corpora… | 31.8B | 14.2 | 12.3 | 12.3% |
 FISV | Fiserv, Inc. | 26.3B | 9.1 | 6.8 | 6.5% |
EPS
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Earnings Call
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Key takeaways
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Login — it's freeIncome Statement
| Year | 2024 | 2025 | 2026 |
|---|---|---|---|
| Revenue | 2,408,930,000 | 2,553,240,000 | 2,670,210,000 |
| Gross Profit | 1,080,220,000 | 1,096,410,000 | 825,670,000 |
| EBITDA | 677,300,000 | 713,690,000 | 722,650,000 |
| Operating Income | 594,250,000 | 622,930,000 | 668,380,000 |
| Net Income | 459,080,000 | 485,530,000 | 492,100,000 |
(* All numbers are in thousands)
Balance Sheet
| Year | 2024 | 2025 | 2026 |
|---|---|---|---|
| Total Assets | 1,464,490,000 | 1,596,290,000 | 1,823,720,000 |
| Total Liabilities | 551,300,000 | 638,580,000 | 737,680,000 |
| Total Stockholders Equity | 904,890,000 | 947,560,000 | 1,073,660,000 |
| Total Debt | 80,210,000 | 93,920,000 | 112,830,000 |
| Cash and Cash Equivalents | 90,160,000 | 83,420,000 | 70,260,000 |
(* All numbers are in thousands)
Cash Flow Statement
| Year | 2024 | 2025 | 2026 |
|---|---|---|---|
| Operating Cash Flow | 443,380,000 | 489,080,000 | 542,850,000 |
| Capital Expenditure | -26,740,000 | -39,370,000 | -37,790,000 |
| Free Cash Flow | 416,640,000 | 449,710,000 | 505,060,000 |
| Net Income | 460,990,000 | 487,970,000 | 492,100,000 |
| Net Change in Cash | 18,930,000 | -6,740,000 | -22,220,000 |
(* All numbers are in thousands)
Analyst Estimates
| Fiscal Year | 2030 | Research Access | Research Access | Research Access | Research Access |
|---|---|---|---|---|---|
| Estimated Revenue (Low) | 3,438,634,911.687 | Research Access | Research Access | Research Access | Research Access |
| Estimated Revenue (High) | 3,693,678,959.919 | Research Access | Research Access | Research Access | Research Access |
| Estimated Revenue (Avg) | 3,546,740,000 | Research Access | Research Access | Research Access | Research Access |
| Estimated Ebitda (Low) | 957,046,114.305 | Research Access | Research Access | Research Access | Research Access |
| Estimated Ebitda (High) | 1,044,713,755.440 | Research Access | Research Access | Research Access | Research Access |
| Estimated Ebitda (Avg) | 994,205,666.460 | Research Access | Research Access | Research Access | Research Access |
| Estimated Net Income (Low) | 669,584,539.217 | Research Access | Research Access | Research Access | Research Access |
| Estimated Net Income (High) | 734,761,389.403 | Research Access | Research Access | Research Access | Research Access |
| Estimated Net Income (Avg) | 697,210,953.392 | Research Access | Research Access | Research Access | Research Access |
| Estimated SGA Expense (Low) | 271,254,166.666 | Research Access | Research Access | Research Access | Research Access |
| Estimated SGA Expense (High) | 291,373,127.400 | Research Access | Research Access | Research Access | Research Access |
| Estimated SGA Expense (Avg) | 279,781,956.442 | Research Access | Research Access | Research Access | Research Access |
| Estimated EPS (Avg) | 192.700 | Research Access | Research Access | Research Access | Research Access |
| Estimated EPS (High) | 203.080 | Research Access | Research Access | Research Access | Research Access |
| Estimated EPS (Low) | 185.060 | Research Access | Research Access | Research Access | Research Access |
| Number of Analysts (Estimated Revenue) | 18 | Research Access | Research Access | Research Access | Research Access |
| Number of Analysts (Estimated EPS) | 15 | Research Access | Research Access | Research Access | Research Access |
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Current Key Metrics
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Intrinsic Value Calculator
Based on current fundamentals and analyst forecasts, MarketSnap estimates TCS.BO intrinsic value between $24.19 – $29.18 per share. This depends on revenue growth, margins, and discount rate.
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Common questions about TCS.BO valuation
Is Tata Consultancy Services Limited (TCS.BO) overvalued or undervalued right now?
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What is TCS.BO’s P/E ratio?
You can see TCS.BO’s trailing P/E (TTM) and forward P/E estimates in the Current Key Metrics and Forward P/E Ratios sections above. The P/E ratio compares the current share price to earnings per share and helps investors gauge valuation relative to earnings.
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TCS.BO
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Daily snapshot
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Trading Metrics:
| Open: | 2567.05 | Previous Close: | 2503 | |
| Day Low: | 2517.85 | Day High: | 2624.75 | |
| Year Low: | 1976 | Year High: | 3336.7 | |
| Price Avg 50: | 2244.11 | Price Avg 200: | 2437.97 | |
| Volume: | 454231 | Average Volume: | 278871 |
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