Tata Consultancy Services Limited

NSEI:TCS Stock Report

Market Cap: ₹15.1t

Tata Consultancy Services Future Growth

Future criteria checks 2/6

Tata Consultancy Services is forecast to grow earnings and revenue by 10.2% and 7.9% per annum respectively. EPS is expected to grow by 10.1% per annum. Return on equity is forecast to be 47.7% in 3 years.

Key information

10.2%

Earnings growth rate

10.1%

EPS growth rate

IT earnings growth11.0%
Revenue growth rate7.9%
Future return on equity47.7%
Analyst coverage

Good

Last updated18 Dec 2024

Recent future growth updates

Tata Consultancy Services Limited Just Missed Earnings - But Analysts Have Updated Their Models

Oct 13
Tata Consultancy Services Limited Just Missed Earnings - But Analysts Have Updated Their Models

Analysts Have Made A Financial Statement On Tata Consultancy Services Limited's (NSE:TCS) First-Quarter Report

Jul 14
Analysts Have Made A Financial Statement On Tata Consultancy Services Limited's (NSE:TCS) First-Quarter Report

Tata Consultancy Services Limited (NSE:TCS) Just Released Its Annual Results And Analysts Are Updating Their Estimates

May 11
Tata Consultancy Services Limited (NSE:TCS) Just Released Its Annual Results And Analysts Are Updating Their Estimates

Analysts Have Made A Financial Statement On Tata Consultancy Services Limited's (NSE:TCS) Yearly Report

Apr 15
Analysts Have Made A Financial Statement On Tata Consultancy Services Limited's (NSE:TCS) Yearly Report

Recent updates

Unpleasant Surprises Could Be In Store For Tata Consultancy Services Limited's (NSE:TCS) Shares

Dec 07
Unpleasant Surprises Could Be In Store For Tata Consultancy Services Limited's (NSE:TCS) Shares

Tata Consultancy Services Limited Just Missed Earnings - But Analysts Have Updated Their Models

Oct 13
Tata Consultancy Services Limited Just Missed Earnings - But Analysts Have Updated Their Models

Tata Consultancy Services (NSE:TCS) Has Announced A Dividend Of ₹9.00

Oct 11
Tata Consultancy Services (NSE:TCS) Has Announced A Dividend Of ₹9.00

Here's Why We Think Tata Consultancy Services (NSE:TCS) Might Deserve Your Attention Today

Oct 04
Here's Why We Think Tata Consultancy Services (NSE:TCS) Might Deserve Your Attention Today

Tata Consultancy Services Limited's (NSE:TCS) Share Price Could Signal Some Risk

Sep 07
Tata Consultancy Services Limited's (NSE:TCS) Share Price Could Signal Some Risk

Analysts Have Made A Financial Statement On Tata Consultancy Services Limited's (NSE:TCS) First-Quarter Report

Jul 14
Analysts Have Made A Financial Statement On Tata Consultancy Services Limited's (NSE:TCS) First-Quarter Report

Here's Why We Think Tata Consultancy Services (NSE:TCS) Is Well Worth Watching

Jul 04
Here's Why We Think Tata Consultancy Services (NSE:TCS) Is Well Worth Watching

Tata Consultancy Services Limited (NSE:TCS) Just Released Its Annual Results And Analysts Are Updating Their Estimates

May 11
Tata Consultancy Services Limited (NSE:TCS) Just Released Its Annual Results And Analysts Are Updating Their Estimates

Analysts Have Made A Financial Statement On Tata Consultancy Services Limited's (NSE:TCS) Yearly Report

Apr 15
Analysts Have Made A Financial Statement On Tata Consultancy Services Limited's (NSE:TCS) Yearly Report

What Tata Consultancy Services Limited's (NSE:TCS) P/E Is Not Telling You

Feb 08
What Tata Consultancy Services Limited's (NSE:TCS) P/E Is Not Telling You

Here's Why We Think Tata Consultancy Services (NSE:TCS) Might Deserve Your Attention Today

Jan 09
Here's Why We Think Tata Consultancy Services (NSE:TCS) Might Deserve Your Attention Today

Earnings and Revenue Growth Forecasts

NSEI:TCS - Analysts future estimates and past financials data (INR Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
3/31/20273,057,162620,295594,135646,05537
3/31/20262,797,897559,945525,629566,98945
3/31/20252,580,742499,106473,732515,41445
9/30/20242,486,920474,410409,160443,360N/A
6/30/20242,441,250468,740410,510441,850N/A
3/31/20242,408,930459,080417,010443,380N/A
12/31/20232,388,180448,660414,660437,780N/A
9/30/20232,364,640446,540411,700435,080N/A
6/30/20232,320,810437,430397,630422,680N/A
3/31/20232,254,580421,470390,780419,650N/A
12/31/20222,168,870406,810400,010431,180N/A
9/30/20222,075,430396,040380,200410,970N/A
6/30/20221,991,010387,970372,520404,310N/A
3/31/20221,917,540383,270369,690399,490N/A
12/31/20211,848,680376,470349,090381,600N/A
9/30/20211,779,980365,790362,120392,800N/A
6/30/20211,712,660344,300369,690399,650N/A
3/31/20211,641,770324,300357,270388,020N/A
12/31/20201,604,180312,330357,690385,460N/A
9/30/20201,582,570306,500327,820355,920N/A
6/30/20201,570,990312,170306,610335,900N/A
3/31/20201,569,490323,400296,390323,690N/A
12/31/20191,550,130324,170287,610314,470N/A
9/30/20191,524,970324,040267,480292,250N/A
6/30/20191,503,740322,630271,750293,820N/A
3/31/20191,464,630314,720263,620285,930N/A
12/31/20181,405,280302,500244,770263,810N/A
9/30/20181,340,940286,760279,840297,180N/A
6/30/20181,277,810272,210N/A262,230N/A
3/31/20181,231,040258,260N/A250,670N/A
12/31/20171,206,710255,300N/A267,010N/A
9/30/20171,195,020257,770N/A247,530N/A
6/30/20171,182,450259,170N/A250,390N/A
3/31/20171,179,660262,890N/A252,230N/A
12/31/20161,167,730260,210N/A231,990N/A
9/30/20161,144,020253,530N/A215,710N/A
6/30/20161,122,830248,400N/A218,470N/A
3/31/20161,086,460242,700N/A191,090N/A
12/31/20151,044,168216,427N/A190,691N/A
9/30/20151,015,539208,602N/A182,242N/A
6/30/2015981,716200,315N/A177,570N/A
3/31/2015946,484198,522N/A193,688N/A
12/31/2014919,797214,635N/A186,082N/A
9/30/2014887,726214,694N/A187,418N/A
6/30/2014859,671208,584N/A174,223N/A
3/31/2014818,094191,302N/A147,514N/A
12/31/2013766,884173,997N/A138,076N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: TCS's forecast earnings growth (10.2% per year) is above the savings rate (6.7%).

Earnings vs Market: TCS's earnings (10.2% per year) are forecast to grow slower than the Indian market (18.1% per year).

High Growth Earnings: TCS's earnings are forecast to grow, but not significantly.

Revenue vs Market: TCS's revenue (7.9% per year) is forecast to grow slower than the Indian market (10.5% per year).

High Growth Revenue: TCS's revenue (7.9% 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 (47.7%).

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/20 03:06
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Tata Consultancy Services Limited is covered by 86 analysts. 45 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Niral DalalAlmondz Global Securities Ltd
Ashwin MehtaAmbit Capital
Mohit JainAnand Rathi Shares and Stock Brokers Limited