TCS

TCS Share Price

₹4,505.65
-7.6 (-0.17%)
  • Advice
  • Hold
18 September, 2024 02:44 BSE: 532540 NSE: TCS ISIN: INE467B01029

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TCS Performance

Day Range

  • Low 4,466
  • High 4,536
₹ 4,505

52 Week Range

  • Low 3,311
  • High 4,592
₹ 4,505
  • Open Price4,513
  • Previous Close4,513
  • Volume1699364

TCS Chart

  • Over 1 Month + 2.03%
  • Over 3 Month + 17.58%
  • Over 6 Month + 6.79%
  • Over 1 Year + 25.22%

TCS Key Statistics

P/E Ratio 34.8
PEG Ratio 4.9
Market Cap Cr
Price to Book Ratio 17.9
EPS 122.4
Dividend 1.6
Relative Strength Index 58.49
Money Flow Index 48.04
MACD Signal 57.6
Average True Range 75.14

Tcs Investment Rating

  • Master Rating:
  • Tata Consultancy Svs. has an operating revenue of Rs. 244,125.00 Cr. on a trailing 12-month basis. An annual revenue growth of 7% is good, Pre-tax margin of 26% is great, ROE of 50% is exceptional. The company is debt free and has a strong balance sheet enabling it to report stable earnings growth across business cycles. The stock from a technical standpoint is trading close to its 50DMA and comfortably placed above its 200DMA, around 12% above 200DMA. It needs to take support around the 50 DMA level to continue further upside move. From an O'Neil Methodology perspective, the stock has an EPS Rank of 62 which is a FAIR score but needs to improve its earnings, a RS Rating of 44 which is POOR indicating the underperformance as compared to other stocks, Buyer Demand at A which is evident from recent demand for the stock, Group Rank of 97 indicates it belongs to a poor industry group of Computer-Tech Services and a Master Score of C is fair but needs to improve. Institutional holding has gone up in the last reported quarter is a positive sign. Overall, the stock has mediocre earnings and technical strength, there are superior stocks in the current market environment.

EPS Strength

Price Strength

Buyer Demand

Group Rank

TCS Financials
IndicatorJun 2024Mar 2024Dec 2023Sep 2023Jun 2023Mar 2023
Oper Rev Qtr Cr 52,84451,48850,84450,16549,86249,780
Operating Expenses Qtr Cr 38,26936,94236,48136,36336,72636,910
Operating Profit Qtr Cr 14,57514,54614,36313,80213,13612,870
Depreciation Qtr Cr 9699759649799691,008
Interest Qtr Cr 145197204134138250
Tax Qtr Cr 3,7633,7873,2933,5153,4483,245
Net Profit Qtr Cr 12,11511,39310,75310,92910,4849,800
IndicatorMar 2024Mar 2023
Total Revenue Annual Cr 209,632195,682
Operating Expenses Annual Cr 146,512139,357
Operating Profit Annual in Cr 55,84750,997
Depreciation Cr 3,8873,940
Interest Annual Cr 673695
Tax Annual Cr 14,04312,584
Net Profit Annual Cr 43,55939,106
IndicatorMar 2024Mar 2023
Cash from Operating Activity Annual Cr 39,14237,029
Cash from Investing Activity Annual Cr 10,8073,250
Cash from Financing Annual Activity Cr -47,793-47,224
Net Cash Flow Annual Cr 2,156-6,945
IndicatorMar 2024Mar 2023
Total ShareHolders Funds Annual Cr 72,12074,538
Fixed Assets Annual Cr 16,40316,793
Total Non Current Assets Annual Cr 26,23027,043
Total Current Assets Annual Cr 94,91892,784
Total Assets Annual Cr 121,148119,827
IndicatorMar 2024Mar 2023
Book Value Per Share Annual Rs 199204
ROE Annual % 6052
ROCE Annual % 7665
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 3130
IndicatorJun 2024Mar 2024Dec 2023Sep 2023Jun 2023Mar 2023
Oper Rev Qtr Cr 62,61361,23760,58359,69259,38159,162
Operating Expenses Qtr Cr 45,95144,07344,19543,94644,38343,388
Operating Profit Qtr Cr 16,66217,16416,38815,74614,99815,774
Depreciation Qtr Cr 1,2201,2461,2331,2631,2431,286
Interest Qtr Cr 173226230159163272
Tax Qtr Cr 4,1264,3473,7323,9503,8693,955
Net Profit Qtr Cr 12,04012,43411,05811,34211,07411,392
IndicatorMar 2024Mar 2023
Total Revenue Annual Cr 245,315228,907
Operating Expenses Annual Cr 176,597166,199
Operating Profit Annual in Cr 64,29659,259
Depreciation Cr 4,9855,022
Interest Annual Cr 778779
Tax Annual Cr 15,89814,604
Net Profit Annual Cr 45,90842,147
IndicatorMar 2024Mar 2023
Cash from Operating Activity Annual Cr 44,33841,965
Cash from Investing Activity Annual Cr 6,02639
Cash from Financing Annual Activity Cr -48,536-47,878
Net Cash Flow Annual Cr 1,828-5,874
IndicatorMar 2024Mar 2023
Total ShareHolders Funds Annual Cr 90,48990,424
Fixed Assets Annual Cr 19,33619,891
Total Non Current Assets Annual Cr 33,46533,381
Total Current Assets Annual Cr 112,984110,270
Total Assets Annual Cr 146,449143,651
IndicatorMar 2024Mar 2023
Book Value Per Share Annual Rs 252249
ROE Annual % 5147
ROCE Annual % 6458
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 2928

TCS Technicals

EMA & SMA

Current Price
₹4,505.65
-7.6 (-0.17%)
pointer
  • Bullish Moving Average
  • ___
  • 14
  • Bearish Moving Average
  • ___
  • 2
  • 20 Day
  • ₹4,471.91
  • 50 Day
  • ₹4,346.56
  • 100 Day
  • ₹4,196.72
  • 200 Day
  • ₹4,013.19
  • 20 Day
  • ₹4,501.50
  • 50 Day
  • ₹4,349.09
  • 100 Day
  • ₹4,105.64
  • 200 Day
  • ₹4,002.29

TCS Resistance and Support

PIVOT
₹4,502.49
Resistance
First Resistance 4,538.97
Second Resistance 4,572.28
Third Resistance 4,608.77
RSI 58.49
MFI 48.04
MACD Single Line 57.60
MACD 47.21
Support
First Support 4,469.17
Second Support 4,432.68
Third Supoort 4,399.37

TCS Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 1,717,155 120,956,398 70.44
Week 1,720,785 101,354,260 58.9
1 Month 1,838,801 111,615,237 60.7
6 Month 2,855,416 174,637,246 61.16

TCS Result Highlights

TCS Synopsis

NSE-Computer-Tech Services

Tata Consultancy is involved in the business activities of Computer programming activities. Company’s Total Operating Revenue is Rs. 202359.00 Cr. and Equity Capital is Rs. 362.00 Cr. for the Year ended 31/03/2024. Tata Consultancy Services Ltd. is a Public Limited Listed company incorporated on 19/01/1995 and has its registered office in the State of Maharashtra, India. Company’s Corporate Identification Number(CIN) is L22210MH1995PLC084781 and registration number is 084781.
Market Cap 1,632,934
Sales 205,341
Shares in Float 101.31
No of funds 1733
Yield 0.62
Book Value 22.65
U/D Vol ratio 1.6
LTDebt / Equity
Alpha 0.04
Beta 0.46

TCS Shareholding Pattern

Owner NameJun-24Mar-24Dec-23Sep-23
Promoters 71.77%71.77%72.41%72.3%
Mutual Funds 4.25%4.05%3.51%3.49%
Insurance Companies 6.13%5.98%5.92%5.9%
Foreign Portfolio Investors 12.35%12.7%12.46%12.47%
Financial Institutions/ Banks 0.01%0.07%
Individual Investors 4.25%4.27%4.41%4.54%
Others 1.24%1.23%1.29%1.23%

TCS Management

Name Designation
Mr. Keki M Mistry Ind. Non-Executive Director
Mr. N Chandrasekaran Chairman
Mr. K Krithivasan Managing Director & CEO
Mr. N G Subramaniam Exe.Director & COO
Ms. Aarthi Subramanian Non Exe.Non Ind.Director
Mr. O P Bhatt Ind. Non-Executive Director
Dr. Pradeep Kumar Khosla Ind. Non-Executive Director
Ms. Hanne Sorensen Ind. Non-Executive Director
Mr. Al-Noor Ramji Ind. Non-Executive Director

TCS Forecast

Price Estimates

2,000(9.8%)
1,758(-3.5%)
1,590(-12.7%)

Other Analyst Rating

TCS Corporate Action

Date Purpose Remarks
2024-07-11 Quarterly Results & Interim Dividend
2024-04-12 Audited Results & Final Dividend
2024-01-11 Quarterly Results & Interim Dividend
2023-10-11 Qtr Results, Interim Dividend & Buy Back
2023-07-12 Quarterly Results & Interim Dividend
Date Purpose Remarks
2024-07-20 INTERIM Rs.10.00 per share(1000%)Interim Dividend
2024-05-16 FINAL Rs.28.00 per share(2800%)Final Dividend
2024-01-19 SPECIAL Rs.18.00 per share(1800%)Special Dividend
2024-01-19 INTERIM Rs.9.00 per share(900%)Third Interim Dividend
2023-10-19 INTERIM Rs.9.00 per share(900%)Second Interim Dividend

About TCS

TATA Consultancy Services (TCS) originated as a division of Tata Sons Limited, headquartered in Mumbai. In its early stages, the company offered punch card services to Tata Steel, which was formerly known as TISCO.

Over the past 55 years, TCS has evolved into a prominent organization providing IT services, consulting, and business solutions to some of the world's largest companies. One of its significant achievements was securing its first overseas contract from a power generation and distribution company in the Middle East. This assignment involved management consultancy services to streamline their stores and implement computerized inventory control systems.

TCS distinguishes itself with a cognitive-powered and consulting-led portfolio encompassing technology, business, and engineering solutions and services. It operates through a unique Agile delivery model, which is location independent and renowned for its software development excellence.

Being part of Tata Group, India's largest multinational business conglomerate, TCS boasts a vast global presence with operations in 55 countries, housing a talented workforce of more than 614,000 skilled consultants. The company's consolidated revenues for the financial year ended 31st March 2023 amounted to US $27.9 billion. TCS is enlisted on both the NSE and the BSE in India.

Beyond its business achievements, TCS takes a proactive approach to climate change while garnering worldwide recognition for its exceptional community work. This dedication to sustainability has earned the company a position in esteemed sustainability indices like the FTSE4Good Emerging Index and the MSCI Global Sustainability Index.

TCS offers a diverse array of products and services encompassing various domains, which include:

  • Financial: This category covers accounting, banking, capital markets, and insurance-related solutions.
  • Management: TCS provides HR, payroll, retail, and portfolio management services.
  • Business Intelligence: Their expertise extends to enterprise resource planning, analytics, the Internet of Things (IoT), machine learning, and business automation.
  • Medical: TCS caters to the medical industry with pharmaceuticals and clinical trials management offerings.
  • IT: Their IT services encompass networking, managed services, development, and outsourced IT solutions through TCS Business Process Services.

History of TCS

Tata Consultancy Services (TCS) was established in 1968, marking one of India's pioneering IT companies. Its early clientele mainly comprised national banks, and its association with the financial sector from the nascent days of computer technology granted the company valuable expertise in financial services.

In 2004, TCS transformed into a publicly traded entity, and since then, it has emerged as one of India's largest and most profitable companies.

TCS operates as a subsidiary of Tata Sons, a significant Indian holding company with investments in various large Indian enterprises. These companies span diverse industries, including airlines, automotive, consumer goods, hotels, and steel manufacturing.

In 1970, TCS made an acquisition, integrating ICL 1903 into its portfolio. Following this acquisition, TCS ventured into developing software for essential processes such as financial accounting, share registry work, sales analysis, inter-bank reconciliation, provident fund accounting, etc., and managed these software solutions on behalf of its customers.

The company embarked on its inaugural international assignment in 1971, creating a computerized inventory control system and store organization for management consultancy services.

TCS – Some Important Facts

TCS has achieved the top position as the leading IT solution provider in Europe for customer satisfaction, according to the independent survey conducted by Whitelane Research. This remarkable achievement marks the 10th year TCS has consecutively secured the top spot in the survey. Out of the top twenty-three IT service providers assessed for customer satisfaction, TCS excelled by scoring 83%, surpassing the group's average of 75%.

TCS has recently revealed plans to extend its longstanding partnership with Phoenix Group, the UK's largest long-term retirement and savings provider. The primary objective of this collaboration is to transform Phoenix Group's ReAssure business digitally, utilizing the advanced TCS BaNCS™ digital platform. Additionally, TCS will take charge of administering the insurer's vast portfolio of three million policies. By consolidating on TCS' cutting-edge platform, Phoenix Group aims to achieve significant synergies and elevate its overall customer experience to new heights.

TCS- Awards Received

  • TCS Receives Recognition for AI Software Enabling COVID-19 Protection for Returning Workers
  • TCS Honored with 2021 CIO 100 Award for Workplace Resilience Solution Developed Amid Pandemic
  • TCS Awarded for Autonomous Finance Initiative's Innovative Use of AI and Automation - Gold Category
  • TCS Secures Gold for Innovative Digital Governance Application in Business Utility Apps
  • TCS Received a Gold Shield Award for Excellence in Financial Reporting by the Institute of Chartered Accountants of India (ICAI) in 2012.

TCS FAQs

What is Share Price of TCS ?

TCS share price is ₹4,505 As on 18 September, 2024 | 02:30

What is the Market Cap of TCS ?

The Market Cap of TCS is ₹1630183.6 Cr As on 18 September, 2024 | 02:30

What is the P/E ratio of TCS ?

The P/E ratio of TCS is 34.8 As on 18 September, 2024 | 02:30

What is the PB ratio of TCS ?

The PB ratio of TCS is 17.9 As on 18 September, 2024 | 02:30

What is the full form of TCS?

TCS is an abbreviation for Tata Consultancy Services. It is a multinational Indian information technology (IT) service, consulting, and business solutions firm that is a global leader in IT services, digital, and business solutions.

When did TCS have its IPO?

TCS issued its initial public offering (IPO) in July 2004 with a price range of INR 775- INR 900. TCS shares were issued at a fixed price of INR 850.  TCS shares were listed on August 25, 2004, at a 26.6% premium at 1,076.

Is TCS a good buy?

Tata Consultancy Services has an operating revenue of INR 177,998.00 Cr. on a trailing 12-month basis. Annual revenue growth of 4% is not great, Pre-tax margin of 27% is great. The company is debt-free and has a strong balance sheet enabling it to report stable earnings growth across business cycles.

What is the ROE of TCS?

TCS’ has an ROE of 37% which is exceptional.

Who is the CEO of TCS?

K. Krithivasan is the CEO of TCS since 16th March 2023. 

What is TCS 25/25 MODEL?

The '25/25' model proposed by TCS is expected to be implemented by 2025. Under the new model, by 2025, no more than 25% of our employees will need to work from the office at any given time, and no more than 25% of their time will be spent in the office.

How can you buy a share of TCS?

You can easily buy the shares of Tata Consultancy Services through either a broker or a financial institution by opening a Demat account online.

What is the face value of the shares of TCS Ltd.?

The shares of TCS hold a face value of INR 1 each.

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