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Fundamentals for Tata Consultancy Services Limited
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Fundamentals for Tata Consultancy Services Limited
Business Operations:
Sector: TechnologyIndustry: Information Technology Services
Tata Consultancy Services Limited provides information technology (IT) and IT enabled services in the Americas, Europe, India, and internationally. It operates through Banking, Financial Services and Insurance; Manufacturing; Consumer Business; Communication, Media and Technology; Life Sciences and Healthcare; and Others segments. The company provides TCS ADD, a suite of technology platforms for clinical research and drug development; TCS BaNCS, a financial services platform; TCS BFSI Platforms, a cloud-native, as-a-service that helps financial institutions and insurance firms; TCS CHROMA, a cloud-based workforce management solution; customer intelligence and insight solutions; TCS ERP on Cloud, a hosted ERP applications and services platform; TCS HOBS, a cloud-native catalog-centric platform for personalization of products and processes; and ignio, an autonomous enterprise software. It also offers TCS Intelligent Urban Exchange for smart cities and enterprises solution; TCS OmniStore, a retail commerce platform; TCS Optumera, a retail-connected strategic intelligence platform; TCS TAP, a procurement offering; TCS MasterCraft, a platform of intelligent automation products; Quartz- the Smart Ledgers, a blockchain solution; Jile, an enterprise agile planning and delivery tool; TCS iON, an IT-as-a-Service model that provides business solutions; and TCS TwinX, an enterprise digital twin platform. In addition, the company offers cloud, cognitive business, consulting, cybersecurity, data and analytics, enterprise solutions, Internet of Things and digital engineering, TCS interactive, and sustainability services. It serves banking; capital markets; consumer goods and distribution; communications, media, and information services; education; energy, resources, and utilities; healthcare; high technology; insurance; life sciences; manufacturing; public services; retail; and travel and logistics industries. The company was founded in 1968 and is based in Mumbai, India. Tata Consultancy Services Limited is a subsidiary of Tata Sons Private Limited.
Revenue projections:
TCS's revenues are expected to fall below last year's, and this forecast tends to raise concerns among investors. A revenue drop can negatively impact the company's profitability, making investors more cautious about their positions due to the risks of declining financial performance.
Financial Ratios:
| currentRatio | 2.228000 |
|---|---|
| forwardPE | 13.807651 |
| debtToEquity | 10.389000 |
| earningsGrowth | 0.122000 |
| revenueGrowth | 0.096000 |
| grossMargins | 0.403070 |
| operatingMargins | 0.252880 |
| trailingEps | 136.120000 |
| forwardEps | 165.430020 |
Tata Consultancy Services Limited's current ratio being 2.228 shows it has more than enough assets to cover its short-term debts. The company's liquidity position is strong, with ample cash reserves available to meet its immediate financial obligations without strain.
TCS's Forward PE is positioned well, reflecting a favorable balance between stock price and earnings. The stock isn't overpriced, offering room for growth and making it a potentially rewarding investment as its value has room to rise further.
TCS's low Debt-to-Equity ratio demonstrates that the company is not over-leveraged. This means it maintains a healthy balance between debt and equity, lowering financial risk and contributing to overall financial stability, which could attract risk-averse investors.
TCS's positive gross and operating margins indicate strong financial performance. These margins show that the company is profitable and efficient in its operations, with effective cost control contributing to its overall financial success.
TCS's forward EPS is higher than its trailing EPS, suggesting the company is expected to improve its profitability this financial year. This reflects growing confidence in TCS's earnings potential, with forecasts indicating better financial performance than in the prior year.
Price projections:
TCS's price projections have steadily declined, indicating that analysts are revising their outlook on the company. This downward trend reflects a more cautious perspective on TCS's future growth prospects.
Recommendation changes over time:
Analysts have shown a buy bias for TCS, marking it as a favorable investment option. This could inspire investors to see TCS as a strong place to park their money, given the positive outlook and growth potential associated with the stock in recent evaluations.
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