Tata Consultancy Services Limited

NSEI:TCS Stock Report

Market Cap: ₹12.3t

Tata Consultancy Services Past Earnings Performance

Past criteria checks 3/6

Tata Consultancy Services has been growing earnings at an average annual rate of 9.9%, while the IT industry saw earnings growing at 25.7% annually. Revenues have been growing at an average rate of 11.1% per year. Tata Consultancy Services's return on equity is 51%, and it has net margins of 19%.

Key information

9.87%

Earnings growth rate

10.64%

EPS growth rate

IT Industry Growth24.33%
Revenue growth rate11.13%
Return on equity50.95%
Net Margin19.02%
Next Earnings Update10 Jul 2025

Recent past performance updates

Recent updates

The Tata Consultancy Services Limited (NSE:TCS) Annual Results Are Out And Analysts Have Published New Forecasts

May 31
The Tata Consultancy Services Limited (NSE:TCS) Annual Results Are Out And Analysts Have Published New Forecasts

Earnings Not Telling The Story For Tata Consultancy Services Limited (NSE:TCS)

May 13
Earnings Not Telling The Story For Tata Consultancy Services Limited (NSE:TCS)

₹3,890: That's What Analysts Think Tata Consultancy Services Limited (NSE:TCS) Is Worth After Its Latest Results

Apr 14
₹3,890: That's What Analysts Think Tata Consultancy Services Limited (NSE:TCS) Is Worth After Its Latest Results

Should You Be Adding Tata Consultancy Services (NSE:TCS) To Your Watchlist Today?

Feb 07
Should You Be Adding Tata Consultancy Services (NSE:TCS) To Your Watchlist Today?

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
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Investment In AI And Cloud Powers Global Expansion And Efficiency Gains

Expansion into emerging markets and focus on cloud modernization and AI could drive long-term revenue growth and operational efficiencies.

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

Revenue & Expenses Breakdown

How Tata Consultancy Services makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

NSEI:TCS Revenue, expenses and earnings (INR Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Mar 252,553,240485,53034,5600
31 Dec 242,520,820487,63033,5300
30 Sep 242,486,920474,41032,6700
30 Jun 242,441,250468,74031,7000
31 Mar 242,408,930459,08031,0000
31 Dec 232,388,180448,660-207,1900
30 Sep 232,364,640446,54029,2000
30 Jun 232,320,810437,43028,0300
31 Mar 232,254,580421,47026,5500
31 Dec 222,168,870406,810262,4600
30 Sep 222,075,430396,04023,9300
30 Jun 221,991,010387,97022,3300
31 Mar 221,917,540383,27021,3900
31 Dec 211,848,680376,47021,4300
30 Sep 211,779,980365,79021,0200
30 Jun 211,712,660344,30021,1000
31 Mar 211,641,770324,30021,3100
31 Dec 201,604,180312,33022,2300
30 Sep 201,582,570306,50023,5200
30 Jun 201,570,990312,17025,5600
31 Mar 201,569,490323,40027,0200
31 Dec 191,550,130324,17063,1000
30 Sep 191,524,970324,040-58,3400
30 Jun 191,503,740322,63039,0400
31 Mar 191,464,630314,72042,6200
31 Dec 181,405,280302,500-119,7200
30 Sep 181,340,940286,760134,8600
30 Jun 181,277,810272,21049,7900
31 Mar 181,231,040258,26039,3800
31 Dec 171,206,710255,300195,9500
30 Sep 171,195,020257,77056,2000
30 Jun 171,182,450259,17036,8500
31 Mar 171,179,660262,89036,8500
31 Dec 161,167,730260,21000
30 Sep 161,144,020253,53000
30 Jun 161,122,830248,40000
31 Mar 161,086,460242,70000
31 Dec 151,044,168216,4274,2530
30 Sep 151,015,539208,6028,3210
30 Jun 15981,716200,3152,2960
31 Mar 15946,484198,52215,8500
31 Dec 14919,797214,63524,7840
30 Sep 14887,726214,69433,7960

Quality Earnings: TCS has high quality earnings.

Growing Profit Margin: TCS's current net profit margins (19%) are lower than last year (19.1%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: TCS's earnings have grown by 9.9% per year over the past 5 years.

Accelerating Growth: TCS's earnings growth over the past year (5.8%) is below its 5-year average (9.9% per year).

Earnings vs Industry: TCS earnings growth over the past year (5.8%) did not outperform the IT industry 19.7%.

Return on Equity

High ROE: TCS's Return on Equity (51%) is considered outstanding.

Return on Assets

Return on Capital Employed

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/07/08 11:36
End of Day Share Price 2025/07/08 00:00
Earnings2025/03/31
Annual Earnings2025/03/31

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.

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 Github.

Analyst Sources

Tata Consultancy Services Limited is covered by 80 analysts. 42 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
Nitin BhasinAmbit Capital
Ashwin MehtaAmbit Capital