Tata Consultancy Services Future Growth
Future criteria checks 2/6
Tata Consultancy Services is forecast to grow earnings and revenue by 9.7% and 7.9% per annum respectively. EPS is expected to grow by 9.9% per annum. Return on equity is forecast to be 51% in 3 years.
Key information
9.7%
Earnings growth rate
9.9%
EPS growth rate
| IT earnings growth | 10.6% |
| Revenue growth rate | 7.9% |
| Future return on equity | 51.0% |
| Analyst coverage | Good |
| Last updated | 10 Sep 2024 |
Recent future growth updates
Analysts Have Made A Financial Statement On Tata Consultancy Services Limited's (NSE:TCS) First-Quarter Report
Jul 14
Tata Consultancy Services Limited (NSE:TCS) Just Released Its Annual Results And Analysts Are Updating Their Estimates
May 11Analysts Have Made A Financial Statement On Tata Consultancy Services Limited's (NSE:TCS) Yearly Report
Apr 15Recent updates
Tata Consultancy Services Limited's (NSE:TCS) Share Price Could Signal Some Risk
Sep 07Analysts Have Made A Financial Statement On Tata Consultancy Services Limited's (NSE:TCS) First-Quarter Report
Jul 14Here's Why We Think Tata Consultancy Services (NSE:TCS) Is Well Worth Watching
Jul 04Tata Consultancy Services Limited (NSE:TCS) Just Released Its Annual Results And Analysts Are Updating Their Estimates
May 11Analysts Have Made A Financial Statement On Tata Consultancy Services Limited's (NSE:TCS) Yearly Report
Apr 15What Tata Consultancy Services Limited's (NSE:TCS) P/E Is Not Telling You
Feb 08Here's Why We Think Tata Consultancy Services (NSE:TCS) Might Deserve Your Attention Today
Jan 09If EPS Growth Is Important To You, Tata Consultancy Services (NSE:TCS) Presents An Opportunity
Oct 11Tata Consultancy Services (NSE:TCS) Is Increasing Its Dividend To ₹9.00
Jul 15Does Tata Consultancy Services (NSE:TCS) Deserve A Spot On Your Watchlist?
Jul 07Here's Why We Think Tata Consultancy Services (NSE:TCS) Might Deserve Your Attention Today
Mar 16Tata 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 04Earnings and Revenue Growth Forecasts
| Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
|---|---|---|---|---|---|
| 3/31/2027 | 3,073,555 | 624,038 | 601,515 | 657,511 | 28 |
| 3/31/2026 | 2,824,124 | 568,062 | 537,018 | 582,120 | 45 |
| 3/31/2025 | 2,586,599 | 512,349 | 484,827 | 527,253 | 45 |
| 6/30/2024 | 2,441,250 | 468,740 | 410,510 | 441,850 | N/A |
| 3/31/2024 | 2,408,930 | 459,080 | 417,010 | 443,380 | N/A |
| 12/31/2023 | 2,388,180 | 448,660 | 414,660 | 437,780 | N/A |
| 9/30/2023 | 2,364,640 | 446,540 | 411,700 | 435,080 | N/A |
| 6/30/2023 | 2,320,810 | 437,430 | 397,630 | 422,680 | N/A |
| 3/31/2023 | 2,254,580 | 421,470 | 390,780 | 419,650 | N/A |
| 12/31/2022 | 2,168,870 | 406,810 | 400,010 | 431,180 | N/A |
| 9/30/2022 | 2,075,430 | 396,040 | 380,200 | 410,970 | N/A |
| 6/30/2022 | 1,991,010 | 387,970 | 372,520 | 404,310 | N/A |
| 3/31/2022 | 1,917,540 | 383,270 | 369,690 | 399,490 | N/A |
| 12/31/2021 | 1,848,680 | 376,470 | 349,090 | 381,600 | N/A |
| 9/30/2021 | 1,779,980 | 365,790 | 362,120 | 392,800 | N/A |
| 6/30/2021 | 1,712,660 | 344,300 | 369,690 | 399,650 | N/A |
| 3/31/2021 | 1,641,770 | 324,300 | 357,270 | 388,020 | N/A |
| 12/31/2020 | 1,604,180 | 312,330 | 357,690 | 385,460 | N/A |
| 9/30/2020 | 1,582,570 | 306,500 | 327,820 | 355,920 | N/A |
| 6/30/2020 | 1,570,990 | 312,170 | 306,610 | 335,900 | N/A |
| 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 | N/A | 250,670 | N/A |
| 12/31/2017 | 1,206,710 | 255,300 | N/A | 267,010 | N/A |
| 9/30/2017 | 1,195,020 | 257,770 | N/A | 247,530 | N/A |
| 6/30/2017 | 1,182,450 | 259,170 | N/A | 250,390 | N/A |
| 3/31/2017 | 1,179,660 | 262,890 | N/A | 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 |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: TCS's forecast earnings growth (9.7% per year) is above the savings rate (6.7%).
Earnings vs Market: TCS's earnings (9.7% per year) are forecast to grow slower than the Indian market (17.1% 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 (10.1% 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 (51%).