Tata Consultancy Services Limited (TCS) is an Indian multinational information technology (IT) services and consulting company headquartered in Mumbai, Maharashtra, India. It is a subsidiary of the Tata Group, India’s largest industrial conglomerate.
TCS Overview
| Attribute | Value |
|---|---|
| Founded | 1966 |
| Headquarters | Mumbai, Maharashtra, India |
| Parent company | Tata Group |
| Industry | Information technology services and consulting |
| Revenue | US$25.7 billion (2022) |
| Profit | US$6.1 billion (2022) |
| Employees | 600,000+ (2022) |
TCS Products
| Product Name | Description |
|---|---|
| TCS ADD™ ignio™ | An open innovation platform that helps businesses accelerate innovation and bring new products and services to market faster. |
| TCS BaNCS™ | A comprehensive suite of banking solutions that helps banks transform their operations and meet the evolving needs of their customers. |
| TCS CHROMA™ | A cloud-based platform that helps businesses automate their marketing and sales processes. |
| TCS Customer Intelligence & Insights™ | A suite of data analytics solutions that helps businesses gain insights from their customer data and make better decisions. |
| TCS iON™ | A comprehensive IoT platform that helps businesses connect their devices and collect, analyze, and act on data. |
| TCS Jile™ | A comprehensive agile development platform that helps businesses deliver software faster and with higher quality. |
TCS Awards and Recognition
| Year | Award | Category | Recognition |
|---|---|---|---|
| 2023 | Google Cloud Partner of the Year Awards | Global Talent Development Partner of the Year | Recognized for cultivating a culture of continuous learning and growing Google Cloud-skilled talent. |
| 2023 | Google Cloud Partner of the Year Awards | Industry Solution Services Partner of the Year – Financial Services & Insurance | Recognized for providing outstanding solutions and services based on Google Cloud technology for the financial services and insurance industries. |
| 2023 | Google Cloud Partner of the Year Awards | Industry Solution Services Partner of the Year – Retail & Consumer Packaged Goods | Recognized for providing outstanding solutions and services based on Google Cloud technology for the retail and consumer packaged goods industries. |
| 2023 | Microsoft Partner of the Year Awards | US Partner of the Year | Recognized as the industry-led global systems integrator of choice and leading transformation partner. |
| 2023 | Microsoft Partner of the Year Awards | Global Systems Integrator Partner of the Year | Recognized for its expertise and innovation in delivering large-scale IT solutions and services. |
| 2023 | Microsoft Partner of the Year Awards | Industrials and Manufacturing Partner of the Year | Recognized for its success in helping manufacturing companies transform their businesses with Microsoft technology. |
| 2023 | Microsoft Partner of the Year Awards | Dynamics 365 Sales and Marketing Partner of the Year | Recognized for its expertise in helping businesses implement and optimize Dynamics 365 Sales and Marketing solutions. |
| 2023 | Microsoft Partner of the Year Awards | Malaysia Customer Success Partner of the Year | Recognized for its commitment to providing exceptional customer success services to its customers in Malaysia. |
| 2023 | IoT Breakthrough Awards | IoT Breakthrough Award for Intelligent Urban Exchange Software for Workplace Resilience | Recognized for its Intelligent Urban Exchange software, which helps businesses create more resilient workplaces. |
| 2023 | Big Data and Analytics Innovation Awards | Big Data and Analytics Innovation Award for Intelligent Urban Exchange City Command Center Software | Recognized for its Intelligent Urban Exchange City Command Center software, which helps cities optimize their operations and improve citizen services. |
TCS Fundamentals
| Fundamental | Value |
|---|---|
| Market Capitalization | ₹12,649.70 Billion |
| Revenue | ₹236,464 Crore (TTM) |
| EBITDA | ₹66,004 Crore (TTM) |
| EPS | ₹44.65 (TTM) |
| P/E Ratio | 28.32 (TTM) |
| P/B Ratio | 12.73 (TTM) |
| Dividend Yield | 1.04% (TTM) |
| Debt/Equity Ratio | 0.35 |
| Book Value | ₹354.31 |
| Face Value | ₹10 |
| ROE | 45.80% (TTM) |
TCS Revenue and Net Profit
| Year | Revenue (₹ Crore) | Net Profit (₹ Crore) |
|---|---|---|
| 2023 | 236464 | 52141 |
| 2022 | 257070 | 51390 |
| 2021 | 197908 | 40849 |
| 2020 | 162197 | 38160 |
| 2019 | 148669 | 33656 |
TCS Shareholding Patterns
| Shareholder Category | Shareholding Percentage |
|---|---|
| Promoters | 72.19% |
| Public | 27.81% |
| Non-Promoter, Non-Public | 0.00% |
| Total | 100.00% |
TCS Share Price Target for 2024, 2025, 2026, 2027, 2028
| Year | Share Price Target (Rs.) |
|---|---|
| 2024 | 3,901 |
| 2025 | 4,700 |
| 2026 | 5,700 |
| 2027 | 6,800 |
| 2028 | 8,300 |
TCS Share Price Target for 2024
Analysts have a consensus target price of Rs. 3,901 for TCS in 2024.
TCS Share Price Target for 2025
Analysts have a consensus target price of Rs. 4,700 for TCS in 2025.
TCS Share Price Target for 2026
Analysts have a consensus target price of Rs. 5,700 for TCS in 2026.
TCS Share Price Target for 2027
Analysts have a consensus target price of Rs. 6,800 for TCS in 2027.
TCS Share Price Target for 2028
Analysts have a consensus target price of Rs. 8,300 for TCS in 2028.
TCS Dividend History
| Year | Dividend Per Share (DPS) (in Rupees) | Ex-Date | Record Date |
|---|---|---|---|
| 2023 | 115.00 | Jan. 19, 2023 | Jan. 20, 2023 |
| 2022 | 77.00 | Oct. 14, 2022 | Oct. 19, 2022 |
| 2021 | 70.00 | July 15, 2021 | July 16, 2021 |
| 2020 | 57.00 | May 25, 2021 | May 27, 2021 |
| 2019 | 39.00 | Jan. 22, 2020 | Jan. 23, 2020 |
| 2018 | 27.50 | Oct. 23, 2019 | Oct. 24, 2019 |
| 2017 | 22.00 | July 20, 2018 | July 21, 2018 |
| 2016 | 16.50 | May 24, 2017 | May 25, 2017 |
| 2015 | 14.50 | Jan. 19, 2016 | Jan. 20, 2016 |
| 2014 | 13.00 | Oct. 18, 2015 | Oct. 19, 2015 |
| 2013 | 11.50 | July 19, 2014 | July 20, 2014 |
Future Outlook of TCS
Here are some of the key factors that are likely to drive TCS’s growth in the future:
- Strong demand for IT services: The global demand for IT services is expected to continue to grow in the coming years as businesses increasingly invest in digital transformation initiatives.
- Leading position in cloud computing: TCS is a leading provider of cloud computing services, and this is expected to be a key driver of growth in the coming years.
- Focus on digital transformation: TCS is helping businesses to digitally transform their operations, and this is expected to lead to new revenue opportunities.
- Strong financial position: TCS has a strong financial position with a healthy balance sheet and strong cash flow.
- Global presence: TCS has a global presence with offices in over 46 countries, and this gives it a strong competitive advantage.
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Risks Associated With Investing in TCS
| Risk | Description |
|---|---|
| Economic downturns | A global economic downturn could reduce the demand for IT services, which would impact TCS’s growth. |
| Increased competition | The IT industry is highly competitive, and TCS faces competition from other leading IT services companies. |
| Geopolitical uncertainties | Geopolitical uncertainties, such as trade wars and political instability, could disrupt TCS’s business operations. |
| Currency fluctuations | Fluctuations in the exchange rate of the Indian rupee could impact TCS’s profitability. |
| Dependence on key clients | TCS is dependent on a small number of key clients, and a loss of any of these clients could have a significant impact on the company’s business. |
| Cybersecurity risks | TCS is a target for cyberattacks, and a successful attack could damage the company’s reputation and disrupt its operations. |
| Regulatory changes | Changes in government regulations could impact TCS’s business operations. |
| Talent acquisition and retention | TCS faces challenges in attracting and retaining top talent. |
| Environmental, social, and governance (ESG) risks | TCS is exposed to ESG risks, such as climate change and labor practices. |
TCS Competitors
| Competitor | Description |
|---|---|
| Accenture | Accenture is a global professional services company that provides a broad range of services, including consulting, technology, and outsourcing. It is one of the largest IT services companies in the world, with a presence in over 120 countries. |
| Infosys | Infosys is an Indian multinational IT services company that provides a broad range of services, including consulting, technology, and outsourcing. It is one of the largest IT services companies in India, with a presence in over 50 countries. |
| Wipro | Wipro is an Indian multinational IT services company that provides a broad range of services, including consulting, technology, and outsourcing. It is one of the largest IT services companies in India, with a presence in over 60 countries. |
| Cognizant | Cognizant is an American multinational technology services company that provides a broad range of services, including consulting, technology, and outsourcing. It is one of the largest IT services companies in the world, with a presence in over 50 countries. |
| HCL Technologies | HCL Technologies is an Indian multinational IT services company that provides a broad range of services, including consulting, technology, and outsourcing. It is one of the largest IT services companies in India, with a presence in over 50 countries. |
| IBM | IBM is an American multinational technology corporation that provides a broad range of products and services, including hardware, software, and consulting. It is one of the largest IT companies in the world, with a presence in over 170 countries. |
| Capgemini | Capgemini is a French multinational IT services company that provides a broad range of services, including consulting, technology, and outsourcing. It is one of the largest IT services companies in France, with a presence in over 40 countries. |
| DXC Technology | DXC Technology is an American multinational IT services company that provides a broad range of services, including consulting, technology, and outsourcing. It is one of the largest IT services companies in the United States, with a presence in over 80 countries. |
TCS Share Price FAQs
What has been the historical performance of TCS share price?
TCS has a strong track record of growth, with its share price increasing significantly over the past decade. In 2013, the TCS share price was around ₹1,500. By 2023, the share price had more than doubled to reach ₹3,250.
What is the future outlook for the TCS share price?
Analysts are generally optimistic about the future outlook for the TCS share price. The company is well-positioned to capitalize on emerging trends in the IT industry, such as cloud computing, digital transformation, and artificial intelligence (AI). However, there are also some risks that investors should be aware of, such as economic downturns, increased competition, and geopolitical uncertainties.
DISCLAMER: We are not SEBI registered. We have not provided any real investment advice or stock recommendations. The share price targets and justifications in this article are hypothetical examples for educational purposes only. Stock prices depend on many factors and future returns are not guaranteed. Readers should do their own research before investing. Or consult a registered financial advisor for guidance. We do not guarantee any stock performance or returns. Investing in stocks involves risks.
