Tata Consultancy Services

    TCS
    IT
    ₹2251.00
    price as of 15/9/2026, 6:27:52 pm

    Market cap ₹8.14 L Cr

    P/E
    16.36
    Day range
    ₹2,251.00 – ₹2,323.00
    52-week range
    ₹1,976.80 – ₹3,350.00
    Volume
    54.04 L
    Open
    ₹2,275.50
    Prev close
    ₹2,200.80

    Key metrics

    P/E (TTM)
    16.0
    EPS (TTM)
    ₹137.64
    ROE (FY26)
    49.0%
    ROCE (latest year)
    63%
    Dividend yield
    2.96%

    Charts & trends

    From company filings. Amounts in ₹ crore.

    Revenue 3Y CAGR
    +5.8%
    Profit 3Y CAGR
    +5.3%
    Revenue YoY (Jun 2026)
    +13.9%
    Profit YoY (Jun 2026)
    +4.7%
    Operating margin
    26.0%
    Net margin
    18.6%

    Revenue, profit & margin - quarterly

    Bars in ₹ crore (a loss shows red); line is operating margin

    Sep 2023Mar 2024Sep 2024Mar 2025Sep 2025Jun 20260 Cr20.0K Cr40.0K Cr60.0K Cr80.0K Cr0%7%14%21%28%
    • Revenue
    • Net profit
    • Operating margin

    Who owns the company

    Shareholding as of Jun 2026

    • Promoter
    • DII
    • FII
    • Public
    • Government

    Cash flows

    Where cash came from and went, by fiscal year (₹ crore)

    Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026-60.0KCr-30.0KCr0 Cr30.0K Cr60.0K Cr
    • Operating
    • Investing
    • Financing
    • Free cash flow

    Return on equity

    Net profit over shareholders' equity, by fiscal year

    FY17FY18FY19FY20FY21FY22FY23FY24FY25FY260%15%30%45%60%15%

    Equity vs debt

    Shareholders' equity against borrowings (₹ crore); line is debt-to-equity

    Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 20260 Cr30.0K Cr60.0K Cr90.0K Cr1.2L Cr0.0x0.0x0.1x0.1x0.1x
    • Equity
    • Debt
    • Debt / equity

    Financial statements

    ₹ Crore
    Quarterly results, oldest period first, figures in rupees crore
    Line itemSep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
    Sales59,69260,58361,23762,61364,25963,97364,47963,43765,79967,08770,69872,275
    Expenses43,94644,19544,07345,95147,52846,93947,49946,56247,82148,81851,42253,719
    Operating Profit15,74616,38817,16416,66216,73117,03416,98016,87517,97818,26919,27618,556
    OPM %26%27%28%27%26%27%26%27%27%27%27%26%
    Other Income1,006-961,1579627291,2431,0281,660-268-2,273757900
    Interest159230226173162234227195229538265273
    Depreciation1,2631,2331,2461,2201,2661,3771,3791,3611,4131,3801,4061,239
    Profit before tax15,33014,82916,84916,23116,03216,66616,40216,97916,06814,07818,36217,944
    Tax %26%25%26%25%25%25%25%24%24%24%25%25%
    Net Profit11,38011,09712,50212,10511,95512,44412,29312,81912,13110,72013,78413,420
    EPS in Rs₹31.00₹30.56₹34.37₹33.28₹32.92₹34.22₹33.79₹35.27₹33.37₹29.45₹37.92₹36.90

    From company filings, updated 15 Sept 2026. Consolidated figures where the company reports them.Information only, not investment advice.

    Working-capital cycle

    Debtor Days93

    +26 days since Mar 2021

    Cash Conversion Cycle93

    +26 days since Mar 2021

    Working Capital Days38

    -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 7.43 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
    +8%

    Compounded Profit Growth

    10 Years
    +8%
    5 Years
    +9%
    3 Years
    +8%
    TTM
    +9%

    Stock Price CAGR

    10 Years
    +6%
    5 Years
    -11%
    3 Years
    -15%
    1 Year
    -29%

    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

    Percentage of shares held by each category at each quarter end
    HolderSept 2025Dec 2025Mar 2026Jun 2026Change
    Promoter71.77%71.77%71.77%71.77%0.00 pp
    FII10.33%10.37%9.66%9.07%-0.59 pp
    DII12.64%12.81%13.34%13.41%+0.07 pp
    Government0.06%0.06%0.06%0.06%0.00 pp
    Public5.21%4.98%5.16%5.69%+0.53 pp

    Filed with NSE for Jun 2026: promoters 71.77%, public 28.23% · XBRL filing

    Analysts & fund holdings

    64%
    64% recommend buy
    39 analysts cover the stock
    Valuation vs Software
    P/E16.4 vs 22.5
    Sector P/B5.70
    Beta0.97

    Who holds the shares, quarter by quarter

    Mutual funds 5.68% (-0.09 pp)
    Mar 25
    Jun 25
    Sept 25
    Dec 25
    Mar 26
    Jun 26
    • Promoters71.8%
    • Foreign institutions9.1%
    • Mutual funds5.7%
    • Insurance6.7%
    • Other domestic institutions1.1%
    • Retail4.7%
    • Others1.0%
    Mutual funds holding the most
    Fund% of company% of fund3-month change
    Parag Parikh Flexi Cap Fund0.51%2.88%+0.37 pp
    Nippon India Large Cap Fund0.23%3.55%+1.45 pp
    ICICI Pru Value Fund0.21%2.88%-0.34 pp
    SBI Aggressive Hybrid Fund0.20%1.89%+0.23 pp
    HDFC Balanced Advantage Fund0.15%1.20%+0.18 pp

    Scorecard

    Performance
    Low
    Valuation
    High
    Growth
    Low
    Profitability
    High
    Entry point
    Good
    Red flags
    Low

    Analyst coverage, holdings and scorecard from market data; not a recommendation by Parasram India.

    Risk & trend

    From 248 daily sessions to 11 Sept 2026.

    Computed

    Risk

    Volatility (1Y)
    28.3%
    Downside volatility
    29.5%
    Worst 5% of days
    3.1%
    Average of that tail
    4.6%
    Max drawdown (1Y)
    40.4%
    Below its peak
    33.8%

    Against the market

    Beta vs Nifty 50
    0.86
    Correlation
    0.40
    Relative strength (3M)
    +3.7%
    ATR (14)
    2.5%

    Return

    Return 1M
    -7.3%
    Return 3M
    +1.8%
    Return 6M
    -12.4%
    Return 1Y
    vs 200-day average
    -14.9%

    Momentum

    RSI (14)
    38.1
    MACD histogram
    -16.55
    Stochastic %K
    7.2
    ADX (14)
    15.3
    +DI / −DI
    16.1 / 28.1
    Money flow index
    19.8

    Participation

    Delivery (20d avg)
    50.2%
    vs its 60-day baseline
    +2.3 pts
    Volume vs 20-day
    +0.3σ
    Close vs day's VWAP
    -0.5%
    52-week position
    16 / 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.

    Corporate actions

    • dividend
      ₹12.00

      Interim Dividend - Rs 12 Per Share

      15 Jul 2026
      ex-date
    • dividend
      ₹31.00

      Dividend - Rs 31 Per Share

      25 May 2026
      ex-date
    • dividend
      ₹11.00

      Interim Dividend Rs 11 Per Share/ Special Dividend Rs 46 Per Share

      16 Jan 2026
      ex-date
    • dividend
      ₹11.00

      Interim Dividend - Rs 11 Per Share

      15 Oct 2025
      ex-date
    • dividend
      ₹11.00

      Interim Dividend - Rs 11 Per Share

      16 Jul 2025
      ex-date
    • dividend
      ₹30.00

      Dividend - Rs 30 Per Share

      4 Jun 2025
      ex-date
    • dividend
      ₹10.00

      Interim Dividend - Rs 10 Per Share Special Dividend - Rs 66 Per Share

      17 Jan 2025
      ex-date
    • dividend
      ₹10.00

      Interim Dividend - Rs 10 Per Share

      18 Oct 2024
      ex-date
    • dividend
      ₹10.00

      Interim Dividend - Rs 10 Per Share

      19 Jul 2024
      ex-date
    • dividend
      ₹28.00

      Dividend - Rs 28 Per Share

      16 May 2024
      ex-date
    • dividend
      ₹9.00

      Interim Dividend - Rs 9 Per Share Special Dividend - Rs 18 Per Share

      19 Jan 2024
      ex-date
    • buyback
      Not available — not reported in this filing

      Buy Back

      24 Nov 2023
      ex-date
    • dividend
      ₹9.00

      Interim Dividend - Rs 9 Per Share

      19 Oct 2023
      ex-date
    • dividend
      ₹9.00

      Interim Dividend - Rs 9 Per Share

      20 Jul 2023
      ex-date
    • dividend
      ₹24.00

      Dividend - Rs 24 Per Share

      15 Jun 2023
      ex-date
    • dividend
      ₹8.00

      Interim Dividend - Rs 8 Per Share Special Dividend - Rs 67 Per Share

      16 Jan 2023
      ex-date
    • dividend
      ₹8.00

      Interim Dividend - Rs 8 Per Share

      17 Oct 2022
      ex-date
    • dividend
      ₹8.00

      Interim Dividend- Rs 8 Per Share

      14 Jul 2022
      ex-date
    • dividend
      ₹22.00

      Dividend - Rs 22 Per Share

      25 May 2022
      ex-date
    • buyback
      Not available — not reported in this filing

      Buyback

      22 Feb 2022
      ex-date

    Company announcements

    Company Update
    Press Release - TCS Launches India'S First Lights-Out Factory Lab To Advance AI-First Manufacturing

    Press Release - TCS launches India's first lights-out factory lab to advance AI-first manufacturing

    Company Update
    Press Release - TCS Wins Rs 122 Crore Bid To Build AI-Enabled Digital Governance Platform For Odisha Government

    Press Release - TCS wins Rs 122 crore bid to build AI-enabled digital governance platform for Odisha Government

    Company Update
    Press Release - TCS Launches AI-Native Creative Engineering Studio In The UK

    Press Release - TCS launches AI-native creative engineering studio in the UK

    Company Update
    Press Release Titled 'TCS' Hypervault To Establish Large-Scale AI Data Center Campus In Telangana' Being Issued By Hypervault AI Data Center Limited, A Subsidiary Of The Company.

    Enclosed Press Release

    Company Update
    Press Release - TCS To Harmonise Metro's IT Application Landscape And Support Scalable Growth

    Press Release - TCS to harmonise Metro's IT application landscape and support scalable growth

    Company Update
    Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

    Schedule of Analyst/Institutional Investor Meeting

    Company UpdatePrice-sensitive
    Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order

    Disclosure under Regulation 30 of SEBI (Listing obligations and Disclosure Requirements) Regulations, 2015.

    Company Update
    Announcement under Regulation 30 (LODR)-Press Release / Media Release

    Press release - TCS and Porsche AG partner to accelerate the Future of AI - powered mobility

    Company UpdatePrice-sensitive
    Announcement under Regulation 30 (LODR)-Acquisition

    Tata Consultancy Services Limited has informed the Exchange about the Acquisition.

    Company Update
    Press Release - TCS Launches Agentic AI Platform To Transform Drug Development

    Press Release - TCS launches Agentic AI platform to transform drug development

    Company Update
    Intimation Under Regulation 30 Of The Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations, 2015

    Pursuant to Regulation 30 read with Schedule III Part A Para A of Securities Exchange Board of India (Listing Obligation and Disclosure Requirements) Regulation, 2015, we enclose the communication ....

    Company Update
    Press Release - TCS And Vodafone Join Forces To Drive AI-Led Digital Transformation For UK Enterprises

    Press Release - TCS and Vodafone join forces to drive AI-led digital transformation for UK enterprises

    Others
    Rumour verification - Regulation 30(11)

    Rumour Verification - Regulation 30(11)

    Company UpdatePrice-sensitive
    Clarification sought from Tata Consultancy Services Ltd

    The Exchange has sought clarification from Tata Consultancy Services Ltd on August 12, 2026, with reference to news appeared in https://www.business-standard.com dated August 12, 2026 quoting ....

    Company Update
    Announcement under Regulation 30 (LODR)-Newspaper Publication

    Newspaper Publication

    Filed with BSE (scrip 532540); the last 45 days. Documents open at bseindia.com.

    Documents

    Credit ratings

    Documents open at BSE or the rating agency that issued them.

    Sourced from the company's NSE XBRL filing dated 10 Jan 2025 (audited). View the source filing. Figures are as filed and are not investment advice.