Tata Consultancy Services Ltd.
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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.
|Income before tax||422,480M||5,958.31M|
|Dividends Per Share||33||0.46|
|Operating cash flow||351,820M||4,961.78M|
|Currency in INR||Currency in USD|
|Mar 2016||Mar 2017||Mar 2018||Mar 2019||Mar 2020|
|Income before tax||318,400M||345,130M||340,920M||415,630M||422,480M|
|Dividends Per Share||21.75||23.50||25||30||33|
|Operating cash flow||209,160M||269,920M||276,590M||310,440M||351,820M|
|Mar 2016||Mar 2017||Mar 2018||Mar 2019||Mar 2020|
|Income before tax||4,863.23M||5,146.81M||5,288.36M||5,942.43M||5,958.31M|
|Dividends Per Share||0.33||0.35||0.38||0.42||0.46|
|Operating cash flow||3,194.70M||4,025.22M||4,290.47M||4,438.49M||4,961.78M|
- CEO, MD & Non-Independent Executive Director: Rajesh Gopinathan
- COO & Non-Independent Executive Director: N. Ganapathy Subramaniam
- Chief Financial Officer: Ramki Ramakrishnan
- Chief Technology Officer: K. Ananth Krishnan
- Head-Communication, Media & Information Services: Kamal Bhadada
- Tata Sons Pvt Ltd. (72.0%)
- Life Insurance Corp of India (4.1%)
- The Vanguard Group, Inc. (0.8%)
- Invesco Advisers, Inc. (0.7%)
- SBI Funds Management Pvt Ltd. (0.7%)
- JPMorgan Asset Management (UK) Ltd. (0.6%)
- BlackRock Fund Advisors (0.5%)
- First Sentier Investors (Australia) IM Ltd. (0.5%)
- Axis Asset Management Co. Ltd. (0.5%)
- GIC Pte Ltd. (Investment Management) (0.4%)
- Address: Nirmal Building, Nariman Point, Mumbai, 400021, India
- Phone: +91.22.67789595
- Tata Consultancy Services Employees Gratuity Fund
- Tata Consultancy Services Employees Provident Fund
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Copyright © 2020 FactSet Research Systems Inc. All rights reserved.Last Updated on 2 Jul, 2020