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Tata Consultancy Services Ltd (TCS)

₹3923.70.37%

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TCS reports 9% YoY rise in Q1FY25 net profit, announces interim dividend of ₹10 per equity share

Overview
News
Financials
Q3 '23 Results
Technicals

Analyst Rating

based on 44 analysts

BUY

62.79%

Buy

20.93%

Hold

16.28%

Sell

Based on 44 analysts offering long term price targets for Tata Consultancy Services Ltd. An average target of ₹4210.27

Source: S&P Global Market Intelligence

Tata Consultancy Services Ltd Share analysis

Source: S&P Global Market Intelligence

Performance

  • Day's Low

    Day's High

    ₹3,895.6
    ₹3,980
  • 52 Week's Low

    52 Week's High

    ₹3,250.1
    ₹4,254.75
1 Month Return+ 1.48 %
3 Month Return-2.31 %
1 Year Return+ 19.46 %
Previous Close₹3,909.15
Open₹3,931.00
Volume48.36L
Upper Circuit-
Lower Circuit-
Market Cap₹14,14,364.68Cr

Key Statistics

P/E Ratio31.04
PEG Ratio2.89
Market Cap₹14,14,364.68 Cr
P/B Ratio19.59
EPS86.53

Mutual Fund Holdings

Funds HoldingsPrev. 6M
Axis ELSS Tax Saver Fund Direct Plan Growth OptionAxis ELSS Tax Saver Fund Direct Plan Growth Option5.75%
ICICI Prudential Technology Fund Direct Plan GrowthICICI Prudential Technology Fund Direct Plan Growth13.36%
Axis Bluechip Fund Direct Plan GrowthAxis Bluechip Fund Direct Plan Growth4.6%
HDFC Balanced Advantage Fund Direct Plan Growth OptionHDFC Balanced Advantage Fund Direct Plan Growth Option1.41%
Tata Digital India Fund Direct GrowthTata Digital India Fund Direct Growth12.18%

Company Information

Tata Consultancy Services Ltd (TCS) is one of the world's leading IT consulting and outsourcing companies. Founded in 1968, TCS has grown to become a global leader in IT services, digital and business solutions. TCS is headquartered in Mumbai, India and currently has over 446,000 employees in 46 countries.

TCS provides a wide range of services, including IT consulting, application development, business process services, cloud computing, analytics, engineering and industrial services, and digital transformation. TCS also offers products such as TCS BaNCS, a banking software suite; and TCS iON, a cloud-based platform for educational institutions. TCS is well-known for its innovative products and services, and its popular brands include TCS iON, TCS BaNCS, TCS MasterCraft, and TCS Digital.

Share Price: ₹3923.70 per share as on 11 Jul, 2024 04:01 PM
Market Capitalisation: ₹14,14,364.68Cr as of today
Revenue: ₹61,237.00Cr as on March 2024 (Q1 24)
Net Profit: ₹12,502.00Cr as on March 2024 (Q1 24)
Listing date: 25 Aug, 2004
Chairperson Name: N Chandrasekaran
OrganisationTata Consultancy Services Ltd
HeadquartersMumbai
IndustryIT - Software
E-voting on sharesClick here to vote

What's happening today

  • img

    Today's Timeline - Invalid Date

    04:28 PM

    -

    TCS reports 9% YoY rise in Q1FY25 net profit, exceeding market expectations. Board announces interim dividend of ₹10 per equity share.

Key events for Tata Consultancy Services Ltd

  • TCS Reports Strong Q1 Results and Interim Dividend - 11 Jul, 2024

    Tata Consultancy Services (TCS) reported a 9% YoY rise in Q1FY25 net profit, beating market expectations, and announced an interim dividend of ₹10 per equity share. The company's overall revenue from operations for the quarter stood at ₹62,613 crore, rising 5.4% YoY.

  • Tata Consultancy Services Expected to Report Single-Digit Growth in Q1FY25 - 10 Jul, 2024

    Tata Consultancy Services is set to release its Q1FY25 financial results on July 11. Analysts expect single-digit growth in revenue and net profit, with a decline in EBIT margins due to wage hikes.

  • Mixed Expectations for TCS Q1FY25 Results - 09 Jul, 2024

    Tata Consultancy Services (TCS) is expected to report mixed results for Q1FY25 with revenue growth ranging from 1.5% to 4-5% YoY, while profits are expected to rise 8% YoY but decline sequentially. Wage hikes will negatively impact margins.

  • TCS Expected to Show Steady Growth Despite Challenges - 08 Jul, 2024

    Tata Consultancy Services is set to release its Q1 results on July 11. Analysts predict a sequential revenue growth driven by the generative AI boom, but also anticipate a margin contraction due to wage hikes. The company may face challenges from a one-time penalty and weak revenues in financial services and telecom. However, TCS has won several mega deals that could contribute positively to future growth.

  • TCS Expected to Report Mixed Margins in Q1 Results - 07 Jul, 2024

    Market watchers predict mixed margins for Tata Consultancy Services' Q1 results on July 11th, depending on the wage-hike cycle, higher travel costs, and transition costs of large deals. Emkay Global Financial Services forecasts 1.6% YoY and 3.5% QoQ growth in revenue, but a 4% drop in net profit QoQ and an 8% rise YoY.

  • TCS Q1 Results Expected to Show Revenue Growth - 06 Jul, 2024

    Consensus estimates show that TCS's Q1 results should reveal sequential revenue growth. The boom in generative AI is creating opportunities for IT firms like TCS and HCL. Quarterly profit is expected to grow 8.3%, but salary hikes may hurt margins compared to the previous quarter. Watch for commentary on financial sector clients, which account for almost a third of revenue.

  • TCS Reports Strong Revenue Growth and Generative AI Pipeline - 04 Jul, 2024

    Tata Consultancy Services reports strong revenue growth of 6.8% to ₹2.4t and a doubling of its generative AI project pipeline to $900m in Q4 FY2024. Insiders hold ₹1.6b worth of its stock.

  • TCS Partners With Sydney Marathon; Experts Suggest Buying Stock - 02 Jul, 2024

    Tata Consultancy Services (TCS) partners with Sydney Marathon and experts suggest buying TCS stock for a possible target above 4,000-4,100 levels in the next 2-4 months. Sandip Agarwal expects margin improvement for TCS, Infosys, and Wipro.

  • TCS Gains Ahead of Earnings Report - 01 Jul, 2024

    Tata Consultancy Services (TCS) stock gained between 2-4% as the Nifty IT index rose 2% due to renewed foreign inflows and optimism surrounding potential US Fed rate cuts. Morgan Stanley named TCS its top pick based on improving growth trends in Q2FY25 compared to Q1FY25.

  • Mahindra Group Chairman Talks Tech Mahindra Partnership - 28 Jun, 2024

    Tech Mahindra, the IT services company chaired by Anand Mahindra, is partnering with other companies within the Mahindra Group to transform them. The move follows similar comments from Tata Sons chairman N Chandrasekaran about working on 100 Gen AI projects.

  • TCS Acquires Assets of GM Technical Center - India - 27 Jun, 2024

    Tata Consultancy Services is set to acquire certain assets of the Bengaluru-based technical centre of General Motors Company and partner with GM to support its global vehicle programs over the next 5 years.

  • Tata Sons Divests Stake in TCS as Company Reports Growth in Net Profit and Revenue - 26 Jun, 2024

    Tata Sons has divested its stake in TCS while the company reported a significant increase in net profit and revenue for FY23-24. Additionally, TCS saw a 9.1% YoY growth in Q4FY24 net profit, but also experienced a decline in headcount.

  • TCS Global Survey Shows AI Impact Greater Than Mobile and Cloud - 24 Jun, 2024

    According to a global survey by Tata Consultancy Services (TCS), the impact of artificial intelligence (AI) will be greater than that of mobile and cloud. TCS's overall business confidence is robust, especially in North America, though clients are in wait-and-watch mode ahead of the US elections due in November this year.

  • TCS Reports High ROE and ROCE in FY23-24 - 23 Jun, 2024

    Tata Consultancy Services (TCS) reported a high return on equity (ROE) of 50.73% and return on capital employed (ROCE) of 63.51% in FY23-24. The company's revenue from operations increased by 6.84%, while net profits rose by 9%.

  • TCS and Infosys Positioned to Perform Better than Other Indian IT Companies - 22 Jun, 2024

    Analysts suggest that TCS and Infosys are strategically positioned due to their focus on managed services and investments in generative Artificial Intelligence (Gen AI), making them similar to Accenture. This suggests potential positive outcomes for Indian IT companies with similar profiles.

  • TCS Expands Partnership with Xerox for Transformation Program - 21 Jun, 2024

    Tata Consultancy Services has signed a deal with Xerox to transform its IT technology using cloud and GenAI. Under the agreement, TCS will consolidate Xerox's technology services to improve business outcomes, migrate complex legacy data centres to the Azure public cloud, deploy a cloud-based digital ERP platform to transform business processes and incorporate generative artificial intelligence (GenAI) into operations to help drive sustainable growth.

  • Tata Consultancy Services Q1 Earnings Season Begins on July 11 - 20 Jun, 2024

    The first quarter of fiscal year 2024-25 earnings season commences with Tata Consultancy Services (TCS) as bellwether. TCS results often serve as an indicator of broader trends and potential outcomes within the Indian IT sector.

  • TCS CEO Predicts Decreased Call Centre Demand Due to AI - 19 Jun, 2024

    Tata Consultancy Services spent ₹3,100 crore on maintaining its global offices in FY24. TCS's CEO predicts a decrease in call center demand due to advancements in AI.

  • TCS Faces Penalty Worth $194 Million in US Court Ruling - 18 Jun, 2024

    Tata Consultancy Services Ltd faces a penalty of around $194 million after being found liable for misappropriation of trade secrets by a US court. Despite this, TCS has stated that it will defend its position through a review petition or an appeal to the appropriate court. The company's shares surged despite the ruling. Additionally, Voice of Indian Communication Technology Enterprises (Voice) has criticized the National Cyber Security Coordinator's one-time exemption to import telecom gear, which includes TCS.

  • TCS Fined $194.2 Million by US Court - 17 Jun, 2024

    Tata Consultancy Services (TCS) has been fined $194.2 million by a US court for using proprietary software from Computer Sciences Corp. to develop its banking platform, resulting in compensatory damages of $56.15 million, exemplary damages of $112.3 million, and interest claims of $25.78 million.

Insights on Tata Consultancy Services Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    FII Holding Up

    img

    Foreign Institutions have increased holdings from 12.47% to 12.70% in Mar 2024 quarter

  • imgPOSITIVE IMPACT

    Profit Spike

    img

    Netprofit is up for the last 2 quarters, 11.05K Cr → 12.43K Cr (in ₹), with an average increase of 11.1% per quarter

  • imgPOSITIVE IMPACT

    Revenue Rich

    img

    Revenue is up for the last 3 quarters, 60.69K Cr → 62.39K Cr (in ₹), with an average increase of 1.4% per quarter

  • imgPOSITIVE IMPACT

    MF Holding Up

    img

    Mutual Funds have increased holdings from 3.51% to 4.05% in Mar 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, HCL Technologies Ltd has given 54.2% return, outperforming this stock by 31.7%

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Wipro Ltd has given 36.6% return, outperforming this stock by 17.1%

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 7 days, TCS stock has moved down by -2.8%

  • imgNEGATIVE IMPACT

    Retail Holding Down

    img

    Retail Investor have decreased holdings from 5.03% to 4.86% in Mar 2024 quarter

  • imgNEGATIVE IMPACT

    Promoter Holding Down

    img

    Promoters have decreased holdings from 72.41% to 71.77% in Mar 2024 quarter

Tata Consultancy Services Ltd Infographics

Tata Consultancy Services Ltd Peer Comparison

Indian IT Giants- Competitor Analysis

  • Indian IT Giants- Competitor Analysis
  • Revenue Comparison
  • Net Profit Comparison
  • Revenue Segments
  • Annual Returns

News

IT firm TCS adds over 5,000 employees in the first quarter of FY25

For the financial year 2023-24, TCS had reported a total headcount decline of 13,249 compared to FY23

11 Jul, 2024 05:13 PM

TCS completes annual increments in Q1

During Q4 earnings conference in April, Lakkad had shared that the company will be rolling out wage hikes in the range of 4-5 percent with double digit hikes fo... Read more

11 Jul, 2024 05:19 PM

'Upward revision in EPS estimates': What analysts say on TCS Q1 results, stock trading strategy

TCS Q1 earnings: Large deals made in the last year seemed to be getting converted into revenue along with the ramp-up of the BSNL deal. The lowering attrition a... Read more

11 Jul, 2024 05:26 PM
View More

Company Financials

Value in ₹ crore
Q'1 24Q/Q Change
Revenue
₹61,237.00Cr
↑1.08%
Net Income
₹12,502.00Cr
↑12.66%
Net Profit Margin
20.42%
↑11.46%
2024Y/Y Change
Revenue
₹2,40,893.00Cr
↑6.85%
Net Income
₹46,099.00Cr
↑8.97%
Net Profit Margin
19.14%
↑2.03%
Value in ₹ crore
2024Y/Y Change
Total Assets
₹1,22,260.00Cr
↑1.20%
Total Liabilities
₹50,140.00Cr
↑8.35%
Value in ₹ crore
2024Y/Y Change
Operating Cash Flow
₹39,142.00Cr
↑5.71%

Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
71.77%
0.00
Foreign Institutions
12.7%
0.00
Mutual Funds
4.05%
0.00
Retail Investors
4.86%
0.00
Others
6.62%
0.00

Key Indicators

Tata Consultancy Services Ltd Valuation

Tata Consultancy Services Ltd in the last 5 years

  • Overview

  • Trends

Lowest (18.94x)

March 19, 2020

Today (31.04x)

July 10, 2024

Industry (36.49x)

July 10, 2024

Highest (42.78x)

September 15, 2021

LowHigh

Earnings and Dividends

  • Tata Consultancy Services Ltd Earnings Results

    Tata Consultancy Services Ltd’s net profit jumped 9.15% since last year same period to ₹12,434Cr in the Q4 2023-2024. On a quarterly growth basis, Tata Consultancy Services Ltd has generated 12.44% jump in its net profits since last 3-months.

    Read More about Earnings Results
  • Tata Consultancy Services Ltd Dividends April,2024

    In the quarter ending March 2024, Tata Consultancy Services Ltd has declared dividend of ₹28 - translating a dividend yield of 2.48%.

    Read More about Dividends

Technicals Summary

Bearish

Neutral

Bullish

Bullish

Tata Consultancy Services Ltd is currently in a Bullish trading position according to technical analysis indicators.

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Tata Consultancy Services Ltd (TCS) share price today is ₹3923.7

Tata Consultancy Services Ltd is listed on NSE

Tata Consultancy Services Ltd is listed on BSE

  • Today’s highest price of Tata Consultancy Services Ltd is ₹3980.
  • Today’s lowest price of Tata Consultancy Services Ltd is ₹3895.6.

PE Ratio of Tata Consultancy Services Ltd is 31.04

PE ratio = Tata Consultancy Services Ltd Market price per share / Tata Consultancy Services Ltd Earnings per share

Today’s traded volume of Tata Consultancy Services Ltd(TCS) is 48.36L.

Today’s market capitalisation of Tata Consultancy Services Ltd(TCS) is ₹1414364.68Cr.

Tata Consultancy Services Ltd(TCSPrice
52 Week High
₹4254.75
52 Week Low
₹3250.1

Tata Consultancy Services Ltd(TCS) share price is ₹3923.7. It is down -7.78% from its 52 Week High price of ₹4254.75

Tata Consultancy Services Ltd(TCS) share price is ₹3923.7. It is up 20.73% from its 52 Week Low price of ₹3250.1

Tata Consultancy Services Ltd(TCSReturns
1 Day Returns
14.55%
1 Month Returns
1.48%
3 Month Returns
-2.31%
1 Year Returns
19.46%