Asia300

Tata Consultancy Services Ltd.

India

  • 1m
  • 3m
  • 6m
  • 1y
  • 2y
  • 5y
Aug 18, 2017
Prev close: 2,512.85
Aug 18, 2017
Market cap:
Market cap(USD):
4,810.32B
75,017.6M
Shares: 1,914.29M

Currency in INR

Company profile

Market(Ticker): BOM(532540)
Sector:
Industry:
Technology Services
Information Technology Services
Full time employees: 387,223

Business summary

Tata Consultancy Services Ltd. engages in the provisions of information technology services, and digital and business solutions. It operates through the following segments: Banking, Financial Services, and Insurance; Manufacturing; Retail and Consumer Business; Communication, Media, and Technology; and Others. Its services also include computer programming, outsourcing, consultancy, assurance, business operations, consulting and systems integration, product engineering, technology operations, and cyber security. It also provides platforms such as advance drug development, and ERP on cloud. The company 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 2017

  • Local currency
  • US Dollar
Revenue 1,179.66B
Gross profit 401,910M
Operating income 303,240M
Income before tax 345,130M
Net income 262,890M
EBITDA 323,110M
Diluted EPS 133.42
Dividends per share 47
Total assets 1,032.52B
Total liabilities 166,720M
Total equity 862,140M
Operating cash flow 269,920M

Currency in INR

Revenue 17,591.88M
Gross profit 5,993.55M
Operating income 4,522.11M
Income before tax 5,146.81M
Net income 3,920.39M
EBITDA 4,818.43M
Diluted EPS 1.98
Dividends per share 0.70
Total assets 15,900.82M
Total liabilities 2,567.49M
Total equity 13,276.96M
Operating cash flow 4,025.22M

Currency in USD

Valuation measures

Mar 2017

PER 18.22
ROA 27.33%
ROE 33.42%
Operating margin 25.70%
Profit margin 22.28%

Key executive

  • Chief Executive Officer, MD & Executive Director: Rajesh Gopinathan
  • Chief Operating Officer & Executive Director: N. Ganapathy Subramaniam
  • Chief Financial Officer: V. Ramakrishnan
  • Head-Research & Development: K. Ananth Krishnan
  • Non-Executive Director: Aarthi Subramanian

Share holders

  • Tata Sons Ltd.(75.4%)
  • Life Insurance Corp. of India(3.5%)
  • First State Investment Management (UK) Ltd.(1.3%)
  • Lazard Asset Management LLC(0.8%)
  • BlackRock Fund Advisors(0.7%)
  • Abu Dhabi Investment Authority (Investment Management)(0.7%)
  • Singapore InvestCorp (India) Pvt Ltd.(0.5%)
  • JPMorgan Asset Management (UK) Ltd.(0.5%)
  • OppenheimerFunds, Inc.(0.5%)
  • Aberdeen Asset Management (Asia) Ltd.(0.5%)

Address

  • Website: http://www.tcs.com
  • Address: 9th Floor, Nirmal Building, Nariman Point, Mumbai, 400021, India
  • Phone: +91.22.67789595

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