Tata Consultancy Services Future Growth
Future criteria checks 3/6
Tata Consultancy Services is forecasted to grow earnings and revenue by 10.1% and 8.7% per annum respectively. EPS is expected to grow by 10.1%. Return on equity is forecast to be 50.7% in 3 years.
Key information
10.1%
Earnings growth rate
10.1%
EPS growth rate
| IT earnings growth | 10.5% |
| Revenue growth rate | 8.7% |
| Future return on equity | 50.7% |
| Analyst coverage | Good |
| Last updated | 13 May 2023 |
Recent future growth updates
Recent updates
Here's Why We Think Tata Consultancy Services (NSE:TCS) Might Deserve Your Attention Today
Mar 16
Tata Consultancy Services (NSE:TCS) Is Very Good At Capital Allocation
Feb 23If EPS Growth Is Important To You, Tata Consultancy Services (NSE:TCS) Presents An Opportunity
Dec 09Why The 47% Return On Capital At Tata Consultancy Services (NSE:TCS) Should Have Your Attention
Nov 18With EPS Growth And More, Tata Consultancy Services (NSE:TCS) Makes An Interesting Case
Aug 22A Look Into Tata Consultancy Services' (NSE:TCS) Impressive Returns On Capital
Aug 01Tata Consultancy Services' (NSE:TCS) Shareholders Will Receive A Bigger Dividend Than Last Year
May 19Here's Why I Think Tata Consultancy Services (NSE:TCS) Is An Interesting Stock
May 06Many Would Be Envious Of Tata Consultancy Services' (NSE:TCS) Excellent Returns On Capital
Apr 09Here's Why I Think Tata Consultancy Services (NSE:TCS) Is An Interesting Stock
Feb 04Many Would Be Envious Of Tata Consultancy Services' (NSE:TCS) Excellent Returns On Capital
Jan 05Here's Why I Think Tata Consultancy Services (NSE:TCS) Might Deserve Your Attention Today
Nov 04Tata Consultancy Services' (NSE:TCS) Dividend Is Being Reduced To ₹7.00
Oct 12A Look Into Tata Consultancy Services' (NSE:TCS) Impressive Returns On Capital
Oct 03With EPS Growth And More, Tata Consultancy Services (NSE:TCS) Is Interesting
Aug 01Tata Consultancy Services (NSE:TCS) Is Paying Out A Larger Dividend Than Last Year
Jul 10We Think Shareholders May Consider Being More Generous With Tata Consultancy Services Limited's (NSE:TCS) CEO Compensation Package
Jun 03Key Things To Watch Out For If You Are After Tata Consultancy Services Limited's (NSE:TCS) 1.0% Dividend
Mar 30Does Tata Consultancy Services (NSE:TCS) Have The DNA Of A Multi-Bagger?
Mar 08Did You Participate In Any Of Tata Consultancy Services' (NSE:TCS) Fantastic 201% Return ?
Feb 15Are Strong Financial Prospects The Force That Is Driving The Momentum In Tata Consultancy Services Limited's NSE:TCS) Stock?
Jan 29Only Two Days Left To Cash In On Tata Consultancy Services' (NSE:TCS) Dividend
Jan 10How Much Is Tata Consultancy Services' (NSE:TCS) CEO Getting Paid?
Dec 29Earnings and Revenue Growth Forecasts
| Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
|---|---|---|---|---|---|
| 3/31/2026 | 2,993,355 | 585,315 | 519,543 | 581,384 | 16 |
| 3/31/2025 | 2,715,794 | 529,166 | 493,583 | 550,245 | 41 |
| 3/31/2024 | 2,471,020 | 472,839 | 438,701 | 483,543 | 40 |
| 3/31/2020 | 1,569,490 | 323,400 | 296,390 | 323,690 | N/A |
| 12/31/2019 | 1,550,130 | 324,170 | 287,610 | 314,470 | N/A |
| 9/30/2019 | 1,524,970 | 324,040 | 267,480 | 292,250 | N/A |
| 6/30/2019 | 1,503,740 | 322,630 | 271,750 | 293,820 | N/A |
| 3/31/2019 | 1,464,630 | 314,720 | 263,620 | 285,930 | N/A |
| 12/31/2018 | 1,405,280 | 302,500 | 244,770 | 263,810 | N/A |
| 9/30/2018 | 1,340,940 | 286,760 | 279,840 | 297,180 | N/A |
| 6/30/2018 | 1,277,810 | 272,210 | 244,980 | 262,230 | N/A |
| 3/31/2018 | 1,231,040 | 258,260 | 232,050 | 250,670 | N/A |
| 12/31/2017 | 1,206,710 | 255,300 | 247,240 | 267,010 | N/A |
| 9/30/2017 | 1,195,020 | 257,770 | 227,430 | 247,530 | N/A |
| 6/30/2017 | 1,182,450 | 259,170 | 230,820 | 250,390 | N/A |
| 3/31/2017 | 1,179,660 | 262,890 | 232,340 | 252,230 | N/A |
| 12/31/2016 | 1,167,730 | 260,210 | N/A | 231,990 | N/A |
| 9/30/2016 | 1,144,020 | 253,530 | N/A | 215,710 | N/A |
| 6/30/2016 | 1,122,830 | 248,400 | N/A | 218,470 | N/A |
| 3/31/2016 | 1,086,460 | 242,700 | N/A | 191,090 | N/A |
| 12/31/2015 | 1,044,168 | 216,427 | N/A | 190,691 | N/A |
| 9/30/2015 | 1,015,539 | 208,602 | N/A | 182,242 | N/A |
| 6/30/2015 | 981,716 | 200,315 | N/A | 177,570 | N/A |
| 3/31/2015 | 946,484 | 198,522 | N/A | 193,688 | N/A |
| 12/31/2014 | 919,797 | 214,635 | N/A | 186,082 | N/A |
| 9/30/2014 | 887,726 | 214,694 | N/A | 187,418 | N/A |
| 6/30/2014 | 859,671 | 208,584 | N/A | 174,223 | N/A |
| 3/31/2014 | 818,094 | 191,302 | N/A | 147,514 | N/A |
| 12/31/2013 | 766,884 | 173,997 | N/A | 138,076 | N/A |
| 9/30/2013 | 714,643 | 156,159 | N/A | 121,382 | N/A |
| 6/30/2013 | 661,078 | 144,169 | N/A | 110,875 | N/A |
| 3/31/2013 | 629,895 | 138,951 | N/A | 116,150 | N/A |
| 12/31/2012 | 598,187 | 131,710 | N/A | 106,610 | N/A |
| 9/30/2012 | 569,528 | 124,242 | N/A | 90,381 | N/A |
| 6/30/2012 | 529,655 | 112,908 | N/A | 77,814 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: TCS's forecast earnings growth (10.1% per year) is above the savings rate (6.8%).
Earnings vs Market: TCS's earnings (10.1% per year) are forecast to grow slower than the Indian market (15.6% per year).
High Growth Earnings: TCS's earnings are forecast to grow, but not significantly.
Revenue vs Market: TCS's revenue (8.7% per year) is forecast to grow faster than the Indian market (7.8% per year).
High Growth Revenue: TCS's revenue (8.7% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: TCS's Return on Equity is forecast to be very high in 3 years time (50.7%).