Asia300

Tata Consultancy Services Ltd.

India

  • 1m
  • 3m
  • 6m
  • 1y
  • 2y
  • 5y
Mar 23, 2017
Prev close: 2,458.9
Mar 23, 2017
Market cap:
Market cap(USD):
4,845.08B
73,919.97M
Shares: 1,970.42M

Currency in INR

Company profile

Market(Ticker): BOM(532540)
Sector:
Industry:
Technology Services
Information Technology Services
Full time employees: 353,843

Business summary

Tata Consultancy Services Ltd. operates as an information technology services, digital and business solutions company. It provides end-to-end technology and technology related services to global enterprises. The company operates through five segments: Banking, Financial Services & Insurance, Manufacturing, Retail & Consumer Packaged Goods, Telecom, Media & Entertainment and Others such as energy, resources and utilities, Hi-Tech, life science and healthcare, s-Governance, travel, transportation and hospitality, products, etc. Its service portfolio includes: IT services, IT Infrastructure, consulting, e-business, enterprise solutions, remote infrastructure management, business process outsourcing and assurance services across various industry verticals such as banking, financial services and insurance, energy, government, healthcare, life sciences, manufacturing, media and information services, resources - metals, mining & construction, retail, telecom, travel, transportation & hospitality and utilities. Tata Consultancy Services was founded in 1968 and is headquartered in Mumbai, India.

Company background

Tata Consultancy Services is a leader in India's information technology services sector and has the highest market capitalization among the country's listed companies.

The key unit of the Tata group, one of India's three iconic business groups, has 300,000 employees and serves clients in more than 40 countries. It generates over 90% of its consolidated revenue abroad. Tata Sons, the Tata group holding company, is the consultancy's largest shareholder, with a stake exceeding 70%.

Tata Consultancy Services is also something of a cash cow -- one whose earnings are poured into the group's coffers.

It first began tasting success before the turn of the century, back when India was transforming itself into an IT services powerhouse. In the late 1990s, computer users -- companies, governments and individuals alike -- began worrying about something that became known as the Y2K problem. It was thought that when the calendar turned over to 2000, Windows computers would default to 1900 and financial calculations would go haywire. Indian IT and outsourcing companies began receiving floods of orders from foreign companies at this time.

Tata Consultancy Services has seen more than an eightfold increase in consolidated revenues since 2004, when the company went public.

It has recently shifted its focus to upgrading its main services, such as developing specialized software for clients and taking on business process outsourcing work. It is also strengthening its development systems for a new generation of information technologies, including cloud services as well as social media and big data analysis.

In the news

Financial highlights

Mar 2016

  • Local currency
  • US Dollar
Revenue 1,086.46B
Gross profit 370,314M
Operating income 286,418.3M
Income before tax 316,758.7M
Net income 242,918.2M
EBITDA 305,897.9M
Diluted EPS 123.28
Dividends per share 43.5
Total assets 893,843.8M
Total liabilities 235,215.9M
Total equity 653,605.6M
Operating cash flow 209,016.9M

Currency in INR

Revenue 16,594.59M
Gross profit 5,656.16M
Operating income 4,374.74M
Income before tax 4,838.16M
Net income 3,710.32M
EBITDA 4,672.27M
Diluted EPS 1.88
Dividends per share 0.66
Total assets 13,497.58M
Total liabilities 3,551.90M
Total equity 9,869.84M
Operating cash flow 3,192.51M

Currency in USD

Valuation measures

Mar 2016

PER 20.40
ROA 29.79%
ROE 41.88%
Operating margin 26.36%
Profit margin 22.35%

Key executive

  • Chief Executive Officer & Managing Director: Rajesh Gopinathan
  • Chief Operating Officer & Executive Director: N. Ganapathy Subramaniam
  • Chief Financial Officer: V. Ramakrishnan
  • Head- Research & Development: K. Ananth Krishnan
  • Secretary, Treasury & Compliance Officer: Suprakash Mukhopadhyay

Share holders

  • Tata Sons Ltd.(73.2%)
  • Life Insurance Corp. of India(3.4%)
  • First State Investment Management (UK) Ltd.(1.0%)
  • Lazard Asset Management LLC(0.7%)
  • Abu Dhabi Investment Authority (Investment Management)(0.7%)
  • BlackRock Fund Advisors(0.6%)
  • Singapore InvestCorp (India) Pvt Ltd.(0.5%)
  • Aberdeen Asset Management (Asia) Ltd.(0.5%)
  • OppenheimerFunds, Inc.(0.4%)
  • JPMorgan Asset Management (UK) Ltd.(0.4%)

Address

  • Website: http://www.tcs.com
  • Address: TCS House, Raveline Street, Mumbai, 400001, India
  • Phone: +91.22.67789999

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