Tata Consultancy Serv LT
NSE: TCS · Computers - Software & Consulting · sector
₹2,535.00NSE close 2026-10-26
Key numbers
Market cap₹9,17,670 cr
Price₹2,535.00
52w high / low₹3,350 / ₹1,977
P/E17.8xSector median 17.5x
P/B7.7xSector median 2.7x
Book value₹328.7
Dividend yield4.31%Sector median 1.66%
ROE45.8%Sector median 14.4%
ROCE59.1%Sector median 15.3%
OPM25.0%Sector median 16.9%
Debt / equity0.00xSector median 0.04x
EV/EBITDA12.2xSector median 13.2x
Interest cover53.0x
Current ratio2.48x
Sales growth 3y+5.8%Sector median +10.8%
Profit growth 3y+5.3%Sector median +14.9%
PEG3.12x
Last 12 months to Sep 2026, Consolidated. "Sector median" = middle value of 80 companies in Computers - Software & Consulting (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹46,678 cr vs borrowings ₹0 cr (FY26): cash is higher (net cash).
- Operating profit covered interest 53.0x in the last 12 months.
- No promoter shares are pledged.
- Operating cash flow was below net profit in 2 of the last 5 years (FY24, FY23).
- Revenue was higher than a year earlier in 4 of the last 4 quarters.
- Other income was 9% of net profit in the last 12 months.
- Debtor days went from 81 (FY24) to 93 (FY26).
- Dividend paid in 4 of the last 5 financial years.
- Price ₹2,535.00 on 2026-10-26: -24.3% from the 52-week high, +28.2% from the 52-week low.
Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.
Charts
Weekly close · high ₹4,464.05 · low ₹1,982.60
RevenueNet profit
RevenueNet profit
Quarterly results
| ₹ cr | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 63,973 | 64,479 | 63,437 | 65,799 | 67,087 | 70,698 | 72,275 | 73,188 |
| EBITDA | 17,034 | 16,980 | 16,875 | 16,843 | 14,878 | 19,276 | 17,888 | 18,815 |
| OPM % | 26.6% | 26.3% | 26.6% | 25.6% | 22.2% | 27.3% | 24.7% | 25.7% |
| Other income | 1,243 | 1,028 | 1,660 | 867 | 1,118 | 757 | 1,568 | 1,337 |
| Net profit | 12,380 | 12,224 | 12,760 | 12,075 | 10,657 | 13,718 | 13,349 | 13,884 |
| EPS (₹) | 34.21 | 33.79 | 35.27 | 33.37 | 29.45 | 37.92 | 36.90 | 38.37 |
| Revenue YoY | +4.9% | +9.6% | +13.9% | +11.2% | ||||
| Profit YoY | -13.9% | +12.2% | +4.6% | +15.0% |
Consolidated figures where filed. Latest quarter Sep 2026.
Profit & loss (yearly)
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|---|---|
| Revenue | 1,91,754 | 2,25,458 | 2,40,893 | 2,55,324 | 2,67,021 | 2,83,248 |
| EBITDA | 53,057 | 59,259 | 63,338 | 67,407 | 67,872 | 70,857 |
| Net profit | 38,327 | 42,147 | 45,908 | 48,553 | 49,210 | 51,608 |
| EPS (₹) | 103.62 | 115.19 | 125.88 | 134.19 | 136.01 | 142.64 |
| Revenue growth | +17.6% | +6.8% | +6.0% | +4.6% | +9.9% | |
| Profit growth | +10.0% | +8.9% | +5.8% | +1.4% | +4.4% | |
| Dividend / share (₹) | – | 46.00 | 51.00 | 58.00 | 63.00 |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | +5.8% | +10.2% | +9.9% |
| Net profit | +5.3% | +8.7% | +4.4% |
| EPS | +5.7% | +9.4% | – |
| Share price | – | -21.3% (2y) | -15.9% |
Balance sheet
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Shareholders' equity | – | 90,424 | 90,489 | 94,756 | 1,07,240 |
| Borrowings | – | 0 | 0 | 0 | 0 |
| Cash & equivalents | – | 47,929 | 44,767 | 46,152 | 46,678 |
| Total assets | – | 1,43,651 | 1,46,449 | 1,59,629 | 1,82,372 |
| Fixed assets | – | 10,230 | 9,376 | 10,978 | 11,032 |
| Capital work in progress | – | 1,234 | 1,564 | 1,546 | 2,665 |
| Investments | – | 266 | 281 | 275 | 218 |
| Receivables | – | 49,954 | 53,577 | 59,046 | 67,714 |
| Inventory | – | 28 | 28 | 21 | 29 |
| Payables | – | 10,515 | 9,981 | 13,909 | 14,808 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Cash from operations | 39,949 | 41,965 | 44,338 | 48,908 | 52,094 |
| Cash from investing | -897 | 39 | 6,026 | -2,318 | -12,845 |
| Cash from financing | -33,581 | -47,878 | -48,536 | -47,438 | -42,133 |
| Capex | 2,995 | 3,100 | 2,674 | 3,937 | 4,078 |
| Free cash flow | 36,954 | 38,865 | 41,664 | 44,971 | 48,016 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| ROE % | – | 46.6% | 50.7% | 51.2% | 45.9% |
| ROCE % | – | 63.8% | 69.4% | 69.8% | 62.2% |
| Debtor days | – | 81 | 81 | 84 | 93 |
| Inventory days | – | 0 | 0 | 0 | 0 |
| Payable days | – | 17 | 15 | 20 | 20 |
| Cash conversion cycle (days) | – | 64 | 66 | 64 | 73 |
| Working capital days | – | 108 | 101 | 100 | 102 |
Shareholding
| Holder | % (2026-09-30) |
|---|---|
| Promoters | 71.77% |
| FIIs | 9.01% |
| DIIs | 13.57% |
| of which Mutual funds | 5.65% |
| of which Insurance | 6.80% |
| Government | 0.00% |
| Public (non-institutions) | 5.65% |
| Quarter | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters % | 71.77% | 71.77% | 71.77% | 71.77% | 71.77% | 71.77% | 71.77% | 71.77% |
| Promoter group | % |
|---|---|
| Tata Sons Private Limited | 71.74% |
| Tata Investment Corporation Limited | 0.03% |
| Tata Steel Limited | 0.00% |
| Tata Industries Limited | 0.00% |
| The Tata Power Company Limited | 0.00% |
| Actve Digital Services Private Limited | 0.00% |
| Agratas Energy Storage Solutions Private Limited | 0.00% |
| AI Fleet Services IFSC Limited | 0.00% |
| Air India Express Limited | 0.00% |
| Air India Limited | 0.00% |
| Akashastha Technologies Private Limited | 0.00% |
| Ardent Properties Private Limited | 0.00% |
| Arrow Infraestate Pvt Limited | 0.00% |
| Artson Limited | 0.00% |
| Automotive Stampings and Assemblies Limited | 0.00% |
| Public holders above 1% | % |
|---|---|
| LIC of India | 5.65% |
| Sbi Nifty 50 Etf | 1.29% |
25,79,099 shareholders. Pledged: 0.00% of promoter shares.
Peers in Computers - Software & Consulting
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| TCS | ₹9,17,670 cr | 17.8x | 7.7x | 45.8% | 59.1% | 25.0% | +5.8% | 4.31% |
| INFY | ₹4,72,230 cr | 15.7x | 5.1x | 32.1% | 44.9% | 23.0% | +6.8% | 3.95% |
| HCLTECH | ₹3,84,716 cr | 20.9x | 5.0x | 24.9% | 31.9% | 19.9% | +8.7% | 3.80% |
| WIPRO | ₹1,87,403 cr | 14.8x | 2.4x | 16.0% | 19.6% | 19.3% | +0.8% | 6.18% |
| TECHM | ₹1,59,037 cr | 28.8x | 5.4x | 16.1% | 25.2% | 16.8% | +2.2% | 2.53% |
| LTM | ₹1,20,617 cr | 23.1x | 4.7x | 21.2% | 28.2% | 16.7% | +8.4% | 1.66% |
| PERSISTENT | ₹92,284 cr | 50.8x | 10.7x | 22.9% | 28.2% | 16.3% | +20.9% | 0.63% |
| COFORGE | ₹66,873 cr | 40.5x | 7.0x | 21.6% | 24.9% | 17.3% | +27.0% | 0.81% |
| MPHASIS | ₹48,819 cr | 25.5x | 4.5x | 18.8% | 22.3% | 18.4% | +4.8% | 2.23% |
| HEXT | ₹36,152 cr | 26.9x | 5.4x | 21.5% | 27.6% | 14.2% | – | – |
Business segments (FY26)
| Segment | Revenue | Share | EBIT | Margin |
|---|---|---|---|---|
| Banking, Financial Services and Insurance | ₹1,03,363 cr | 38.7% | ₹27,011 cr | 26.1% |
| Consumer Business | ₹42,432 cr | 15.9% | ₹12,090 cr | 28.5% |
| Communication, Media and Technology | ₹39,474 cr | 14.8% | ₹11,473 cr | 29.1% |
| Life Sciences and Healthcare | ₹27,745 cr | 10.4% | ₹7,504 cr | 27.0% |
| Others | ₹27,393 cr | 10.3% | ₹6,269 cr | 22.9% |
| Manufacturing | ₹26,614 cr | 10.0% | ₹8,051 cr | 30.3% |
Dividends & corporate actions
| Ex-date | Action | Detail |
|---|---|---|
| 2026-10-14 | Dividend | Interim Dividend - Rs 12 Per Share |
| 2026-07-15 | Dividend | Interim Dividend - Rs 12 Per Share |
| 2026-05-25 | Dividend | Dividend - Rs 31 Per Share |
| 2026-01-16 | Dividend | Interim Dividend Rs 11 Per Share/ Special Dividend Rs 46 Per Share |
| 2025-10-15 | Dividend | Interim Dividend - Rs 11 Per Share |
| 2025-07-16 | Dividend | Interim Dividend - Rs 11 Per Share |
| 2025-06-04 | Dividend | Dividend - Rs 30 Per Share |
| 2025-01-17 | Dividend | Interim Dividend - Rs 10 Per Share Special Dividend - Rs 66 Per Share |
| 2024-10-18 | Dividend | Interim Dividend - Rs 10 Per Share |
| 2024-07-19 | Dividend | Interim Dividend - Rs 10 Per Share |
| 2024-05-16 | Dividend | Dividend - Rs 28 Per Share |
| 2024-01-19 | Dividend | Interim Dividend - Rs 9 Per Share Special Dividend - Rs 18 Per Share |
| 2023-11-24 | Buyback | Buy Back |
| 2023-10-19 | Dividend | Interim Dividend - Rs 9 Per Share |
| 2023-07-20 | Dividend | Interim Dividend - Rs 9 Per Share |
| 2023-06-15 | Dividend | Dividend - Rs 24 Per Share |
| 2023-01-16 | Dividend | Interim Dividend - Rs 8 Per Share Special Dividend - Rs 67 Per Share |
| 2022-10-17 | Dividend | Interim Dividend - Rs 8 Per Share |
| 2022-07-14 | Dividend | Interim Dividend- Rs 8 Per Share |
| 2022-05-25 | Dividend | Dividend - Rs 22 Per Share |
Documents
- Annual report FY26
- Annual report FY25
- Annual report FY24
- Annual report FY23
- Annual report FY22
- Announcements NSE filings
- BRSR FY26
- Latest results (data file) XBRL
- Announcements BSE filings
Links go to the original files on the exchange website.
About the company
- IT services, consulting and business solutions: Banking, Financial Services and Insurance
- IT services, consulting and business solutions: Consumer Business
- IT services, consulting and business solutions: Communication, Media and Technology
- IT services, consulting and business solutions: Life Sciences and Healthcare
- IT services, consulting and business solutions: Manufacturing
- IT services, consulting and business solutions: Others
| Sector | Information Technology |
| Industry | Computers - Software & Consulting |
| Sub-industry | Computers - Software & Consulting |
| Symbol | TCS |
| BSE code | 532540 |
| ISIN | INE467B01029 |
| Face value | ₹1.0 |
| Incorporated | 1995-01-19 |
| Website | www.tcs.com |
| Plants (India / abroad) | 1 / 0 |
From the company's filings (BRSR FY26).
Data built 2026-10-22 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.