Tata Consultancy Services Limited Share Price & Analysis
Price Chart
Fundamentals
Strengths
- Excellent return on equity (ROE 51.8%)
- Efficient capital deployment (ROCE 63%)
- Attractively valued vs sector (P/E 15.5x vs industry 40.1x)
- Low debt relative to equity (D/E 0.1x)
- Regular dividends — yield 2.8%
Concerns
Today's Price Action
The stock is trading at ₹2,304, unchanged from the prior session. Trading volume sits at 25,63,951 shares, exactly matching the 20‑day average, indicating that current participation aligns with the recent historical norm.
Valuation Snapshot
TCS’s trailing P/E ratio stands at 15.8, comfortably below the sector’s implied average (sector P/E shown as 0, meaning the sector‑wide multiple is not disclosed). The company’s return on equity is 51.8%, reflecting an exceptionally high profitability level relative to typical Indian IT peers.
Key Levels to Watch
The 52‑week range spans ₹1,976‑₹3,350, with the current price positioned around the mid‑point of the band, roughly 30 % above the lower bound and 31 % below the upper bound. Open‑interest data for the nearest weekly options expiry cluster around ₹2,250 and ₹2,450, providing reference points that have previously acted as support and resistance respectively.
Chart Pattern
In the daily timeframe, a Bearish Engulfing candle formed two sessions ago, followed by a Dragonfly Doji three sessions ago and a Hanging Man four sessions ago. These formations suggest a mixed short‑term price action pattern, with the Bearish Engulfing indicating a potential shift toward lower closes, while the Dragonfly Doji and Hanging Man highlight moments of indecision and possible reversal pressure.
Data Summary
Key metrics on the day include a stable LTP of ₹2,304, a P/E of 15.8, and an ROE of 51.8 %. Volume aligns with the 20‑day average at 25,63,951 shares, and the stock sits near the centre of its ₹1,976‑₹3,350 52‑week corridor.
Peer Comparison
| Company | CMP | Mkt Cap | P/E | P/B | ROE % | ROCE % | D/E |
|---|---|---|---|---|---|---|---|
| INFY Infosys Limited | ₹1,130 | ₹4.6L Cr | 14.7 | 5.02 | 31.9 | 40 | 0.1 |
| HCLTECH HCL Technologies Limited | ₹1,293 | ₹3.5L Cr | 19.4 | 4.67 | 23.8 | 30.4 | 0.07 |
| WIPRO Wipro Limited | ₹176 | ₹1.7L Cr | 13.2 | 2.1 | 15.5 | 17.8 | 0.23 |
| TECHM Tech Mahindra Limited | ₹1,597 | ₹1.6L Cr | 29.4 | 5.29 | 17.5 | 23.1 | 0.07 |
| LTM LTM Limited | ₹4,554 | ₹1.4L Cr | 24.1 | 5.62 | 23.1 | 29.6 | 0.1 |
| OFSS Oracle Financial Services Software Limited | ₹12,058 | ₹1.1L Cr | 30.8 | 13.41 | 32.6 | 45.3 | 0 |
| PERSISTENT Persistent Systems Limited | ₹5,643 | ₹89K Cr | 44.7 | 11.35 | 27.2 | 34.4 | 0.06 |
Showing 7 peers in the same sector · Sorted by market cap
Shareholding Pattern
TCS · as of Mar 2026
| Category | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Promoters | 72.41% | 71.77% | 71.77% | 71.77% | 71.77% | 71.77% |
| FII | 12.46% | 12.70% | 12.35% | 12.66% | 12.68% | 12.04% |
| DII | 10.03% | 10.61% | 11.00% | 10.86% | 10.86% | 11.49% |
| Public | 5.03% | 4.86% | 4.82% | 4.66% | 4.63% | 4.63% |
| Govt | 0.05% | 0.06% | 0.06% | 0.06% | 0.06% | 0.06% |
Corporate Events
Interim Dividend - Rs 12 Per Share
To consider and approve the financial results for the period ended Jun 30, 2026 and dividend
Dividend - Rs 31 Per Share
Interim Dividend Rs 11 Per Share/ Special Dividend Rs 46 Per Share
Record: 16 Jan 2026
Interim Dividend - Rs 11 Per Share
Interim Dividend - Rs 11 Per Share
Dividend - Rs 30 Per Share
Interim Dividend - Rs 10 Per Share Special Dividend - Rs 66 Per Share
Interim Dividend - Rs 10 Per Share
Interim Dividend - Rs 10 Per Share
Record: 19 Jul 2024
Latest News
All newsTCS partners with Anthropic for enterprise AI solutions
*TCS partners with Anthropic for enterprise AI solutions*. TCS has launched a global premier partnership with AI firm Anthropic to scale enterprise AI solutions. The collaboration aims to deliver advanced AI-driven services to clients worldwide, boosting TCS's positioning in the AI space. This strategic move strengthens TCS’s AI capabilities and client offerings. 📊 *STOCKS:* TCS | 🏢 *SECTOR:* IT | #HIGHIMPACT #AI
TCS acquires Porsche Digital for $373M, secures $1.4B deal
*TCS acquires Porsche Digital for $373M, secures $1.4B deal* in a strategic move to strengthen its global digital engineering capabilities. The acquisition is valued at **$373 million**, with an additional **$1.4 billion** multi-year client contract from Porsche. This bolsters TCS’s automotive software footprint and reinforces its growth in the European market. The deal is expected to be earnings accretive. 📊 *STOCKS:* $TCS | 🏢 *SECTOR:* IT | #HIGHIMPACT #Acquisition
TCS to streamline Delhi Metro's IT systems for scalable growth
*TCS to streamline Delhi Metro's IT systems for scalable growth*. Tata Consultancy Services will harmonize Delhi Metro Rail Corporation’s IT application landscape to enable efficient, scalable growth. The project aims to integrate disparate systems and improve operational agility through digital transformation. Financial terms of the deal were not disclosed. 📊 *STOCKS:* $TCS | 🏢 *SECTOR:* IT | #MEDIUMIMPACT #IT
TCS partners with Vodafone for AI-led UK digital transformation
*TCS partners with Vodafone for AI-led UK digital transformation*. The collaboration aims to accelerate digital transformation for UK enterprises using AI and cloud technologies. **No financial details or revenue impact disclosed**. The move strengthens TCS's footprint in the European market. 📊 *STOCKS:* $TCS | 🏢 *SECTOR:* IT | #MEDIUMIMPACT #AI
TCS and Google Cloud launch AI center in Mexico
*TCS and Google Cloud launch Gemini Experience Center in Mexico to help drive AI adoption.* The center aims to accelerate enterprise AI transformation across Latin America. This collaboration strengthens TCS's global AI capabilities and expands its footprint in the region. **No financial details** were disclosed. 📊 *STOCKS:* TCS | 🏢 *SECTOR:* IT | #MEDIUMIMPACT #AI
TCS launches AI lab in Bengaluru with NVIDIA
*TCS launches AI lab in Bengaluru with NVIDIA* — Tata Consultancy Services has launched an Industrial AI Solutions Lab in Bengaluru, powered by NVIDIA technology, to accelerate AI-driven enterprise innovation. The lab aims to help clients in manufacturing, energy, and healthcare develop scalable AI solutions. This strengthens TCS's position in the global AI and digital transformation space. 📊 *STOCKS:* TCS | 🏢 *SECTOR:* IT | #MEDIUMIMPACT #AI
TCS partners with JFK Airport's New Terminal One
*TCS partners with JFK Airport's New Terminal One.* The company will serve as Technology and Innovation Partner for the new terminal, enhancing digital infrastructure. This global deal strengthens TCS's presence in the aviation and smart infrastructure space. **No financial terms disclosed**. 📊 *STOCKS:* TCS | 🏢 *SECTOR:* IT | #MEDIUMIMPACT #IT
TCS signs multi-million AI deal with ABB
*TCS signs multi-million AI deal with ABB* — TCS has partnered with ABB in a **multi-million, multi-year** deal to transform global network operations using AI. The collaboration aims to enhance ABB’s network efficiency and digital infrastructure. This deal reinforces TCS’s leadership in AI-driven enterprise solutions. 📊 *STOCKS:* TCS | 🏢 *SECTOR:* IT | #MEDIUMIMPACT #DealWin
TCS wins multi-year IT deal from Elopak
*TCS wins multi-year IT deal from Elopak* to transform its IT operations. The contract marks a significant client addition in the European packaging sector. While financial terms weren't disclosed, multi-year deals typically boost revenue visibility. 📊 *STOCKS:* TCS | 🏢 *SECTOR:* IT | #MEDIUMIMPACT #IT #OrderWin
TCS launches Oracle AI Data Platform Lab in Kolkata
*TCS launches Oracle AI Data Platform Lab in Kolkata* to boost AI and cloud capabilities. The lab marks **India's first** such facility, aimed at accelerating digital transformation for enterprises. This strategic initiative strengthens TCS’s AI and data leadership. 📊 *STOCKS:* TCS | 🏢 *SECTOR:* IT | #MEDIUMIMPACT #AI
Financials
Quarterly Results
| Metric | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | ₹70.7K Cr 5.4% | ₹67.1K Cr 2.0% | ₹65.8K Cr 3.7% | ₹63.4K Cr 1.6% | ₹64.5K Cr 0.8% | ₹64.0K Cr 0.4% | ₹64.3K Cr 2.6% | ₹62.6K Cr |
| Op. Profit | ₹19.3K Cr 5.5% | ₹18.3K Cr 1.6% | ₹18.0K Cr 6.5% | ₹16.9K Cr 0.6% | ₹17.0K Cr 0.3% | ₹17.0K Cr 1.8% | ₹16.7K Cr 0.4% | ₹16.7K Cr |
| OPM | 27.0% 0.0% | 27.0% 0.0% | 27.0% 0.0% | 27.0% 3.8% | 26.0% 3.7% | 27.0% 3.8% | 26.0% 3.7% | 27.0% |
| Net Profit | ₹13.8K Cr 28.6% | ₹10.7K Cr 11.6% | ₹12.1K Cr 5.4% | ₹12.8K Cr 4.3% | ₹12.3K Cr 1.2% | ₹12.4K Cr 4.1% | ₹12.0K Cr 1.2% | ₹12.1K Cr |
| EPS (₹) | 37.92 28.8% | 29.45 11.7% | 33.37 5.4% | 35.27 4.4% | 33.79 1.3% | 34.22 3.9% | 32.92 1.1% | 33.28 |
Values in ₹ Cr · Source: Screener.in
Annual Profit & Loss
| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ₹2.7L Cr 4.6% | ₹2.6L Cr 6.0% | ₹2.4L Cr 6.8% | ₹2.3L Cr 17.6% | ₹1.9L Cr 16.8% | ₹1.6L Cr 4.6% | ₹1.6L Cr 7.2% | ₹1.5L Cr 19.0% | ₹1.2L Cr 4.4% | ₹1.2L Cr |
| Expenses | ₹1.9L Cr 3.6% | ₹1.9L Cr 6.4% | ₹1.8L Cr 6.3% | ₹1.7L Cr 19.8% | ₹1.4L Cr 17.9% | ₹1.2L Cr 2.4% | ₹1.1L Cr 7.4% | ₹1.1L Cr 18.1% | ₹90.6K Cr 5.8% | ₹85.7K Cr |
| Op. Profit | ₹72.4K Cr 7.4% | ₹67.4K Cr 4.8% | ₹64.3K Cr 8.5% | ₹59.3K Cr 11.7% | ₹53.1K Cr 14.0% | ₹46.5K Cr 10.5% | ₹42.1K Cr 6.6% | ₹39.5K Cr 21.5% | ₹32.5K Cr 0.6% | ₹32.3K Cr |
| OPM | 27.0% 3.8% | 26.0% 3.7% | 27.0% 3.8% | 26.0% 7.1% | 28.0% 0.0% | 28.0% 3.7% | 27.0% 0.0% | 27.0% 3.8% | 26.0% 3.7% | 27.0% |
| Other Income | ₹-124 Cr 103.1% | ₹4.0K Cr 14.4% | ₹3.5K Cr 0.4% | ₹3.4K Cr 14.2% | ₹4.0K Cr 109.7% | ₹1.9K Cr 58.3% | ₹4.6K Cr 6.5% | ₹4.3K Cr 18.4% | ₹3.6K Cr 13.7% | ₹4.2K Cr |
| Interest | ₹1.2K Cr 54.1% | ₹796 Cr 2.3% | ₹778 Cr 0.1% | ₹779 Cr 0.6% | ₹784 Cr 23.1% | ₹637 Cr 31.1% | ₹924 Cr 366.7% | ₹198 Cr 280.8% | ₹52 Cr 62.5% | ₹32 Cr |
| Depreciation | ₹5.6K Cr 6.1% | ₹5.2K Cr 5.2% | ₹5.0K Cr 0.7% | ₹5.0K Cr 9.1% | ₹4.6K Cr 13.3% | ₹4.1K Cr 15.2% | ₹3.5K Cr 71.6% | ₹2.1K Cr 2.1% | ₹2.0K Cr 1.4% | ₹2.0K Cr |
| PBT | ₹65.5K Cr 0.2% | ₹65.3K Cr 5.4% | ₹62.0K Cr 8.9% | ₹56.9K Cr 10.1% | ₹51.7K Cr 18.1% | ₹43.8K Cr 3.6% | ₹42.2K Cr 1.6% | ₹41.6K Cr 21.9% | ₹34.1K Cr 1.2% | ₹34.5K Cr |
| Tax % | 24.0% 4.0% | 25.0% 3.8% | 26.0% 0.0% | 26.0% 0.0% | 26.0% 0.0% | 26.0% 13.0% | 23.0% 4.2% | 24.0% 0.0% | 24.0% 0.0% | 24.0% |
| Net Profit | ₹49.5K Cr 1.3% | ₹48.8K Cr 5.9% | ₹46.1K Cr 9.0% | ₹42.3K Cr 10.0% | ₹38.4K Cr 18.1% | ₹32.6K Cr 0.4% | ₹32.4K Cr 2.8% | ₹31.6K Cr 22.0% | ₹25.9K Cr 1.8% | ₹26.4K Cr |
| EPS (₹) | 136.01 1.3% | 134.2 5.8% | 126.88 10.1% | 115.19 10.0% | 104.75 19.5% | 87.67 1.7% | 86.19 2.8% | 83.87 24.3% | 67.46 1.1% | 66.71 |
| Div Payout | 81.0% 13.8% | 94.0% 62.1% | 58.0% 42.0% | 100.0% 143.9% | 41.0% 4.7% | 43.0% 49.4% | 85.0% 136.1% | 36.0% 2.7% | 37.0% 5.7% | 35.0% |
Values in ₹ Cr · Source: Screener.in
Balance Sheet
| Item | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
Liabilities | ||||||||||
| Equity Capital | ₹362 Cr 0.0% | ₹362 Cr 0.0% | ₹362 Cr 1.1% | ₹366 Cr 0.0% | ₹366 Cr 1.1% | ₹370 Cr 1.3% | ₹375 Cr 0.0% | ₹375 Cr 96.3% | ₹191 Cr 3.0% | ₹197 Cr |
| Reserves | ₹1.1L Cr 13.2% | ₹94.4K Cr 4.7% | ₹90.1K Cr 0.1% | ₹90.1K Cr 1.4% | ₹88.8K Cr 3.1% | ₹86.1K Cr 2.8% | ₹83.8K Cr 6.0% | ₹89.1K Cr 4.9% | ₹84.9K Cr 1.3% | ₹86.0K Cr |
| Borrowings | ₹11.3K Cr 20.1% | ₹9.4K Cr 17.1% | ₹8.0K Cr 4.3% | ₹7.7K Cr 1.7% | ₹7.8K Cr 0.3% | ₹7.8K Cr 4.6% | ₹8.2K Cr 13083.9% | ₹62 Cr 74.9% | ₹247 Cr 14.5% | ₹289 Cr |
| Other Liabilities | ₹62.6K Cr 14.9% | ₹54.5K Cr 16.1% | ₹47.0K Cr 5.0% | ₹44.7K Cr 1.8% | ₹44.0K Cr 22.9% | ₹35.8K Cr 28.5% | ₹27.8K Cr 14.1% | ₹24.4K Cr 23.5% | ₹19.8K Cr 24.8% | ₹15.8K Cr |
| Total Liabilities | ₹1.8L Cr 14.2% | ₹1.6L Cr 9.1% | ₹1.5L Cr 1.8% | ₹1.4L Cr 1.4% | ₹1.4L Cr 8.4% | ₹1.3L Cr 8.2% | ₹1.2L Cr 5.5% | ₹1.1L Cr 8.3% | ₹1.1L Cr 2.7% | ₹1.0L Cr |
Assets | ||||||||||
| Fixed Assets | ₹31.3K Cr 36.0% | ₹23.1K Cr 17.6% | ₹19.6K Cr 4.4% | ₹20.5K Cr 3.7% | ₹21.3K Cr 1.3% | ₹21.0K Cr 0.4% | ₹20.9K Cr 70.3% | ₹12.3K Cr 2.6% | ₹12.0K Cr 2.3% | ₹11.7K Cr |
| CWIP | ₹2.7K Cr 72.4% | ₹1.5K Cr 1.2% | ₹1.6K Cr 26.7% | ₹1.2K Cr 2.4% | ₹1.2K Cr 30.1% | ₹926 Cr 2.2% | ₹906 Cr 5.9% | ₹963 Cr 24.6% | ₹1.3K Cr 17.1% | ₹1.5K Cr |
| Investments | ₹34.0K Cr 9.8% | ₹31.0K Cr 2.5% | ₹31.8K Cr 14.5% | ₹37.2K Cr 21.9% | ₹30.5K Cr 3.8% | ₹29.4K Cr 11.4% | ₹26.4K Cr 10.1% | ₹29.3K Cr 18.5% | ₹36.0K Cr 14.2% | ₹42.0K Cr |
| Other Assets | ₹1.1L Cr 9.8% | ₹1.0L Cr 11.4% | ₹92.5K Cr 10.2% | ₹83.9K Cr 4.5% | ₹87.9K Cr 11.8% | ₹78.7K Cr 9.4% | ₹71.9K Cr 0.9% | ₹71.3K Cr 27.7% | ₹55.9K Cr 18.6% | ₹47.1K Cr |
| Total Assets | ₹1.8L Cr 14.2% | ₹1.6L Cr 9.1% | ₹1.5L Cr 1.8% | ₹1.4L Cr 1.4% | ₹1.4L Cr 8.4% | ₹1.3L Cr 8.2% | ₹1.2L Cr 5.5% | ₹1.1L Cr 8.3% | ₹1.1L Cr 2.7% | ₹1.0L Cr |
Values in ₹ Cr · Source: Screener.in
Cash Flow Statement
| Item | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating CF | ₹52.1K Cr 6.5% | ₹48.9K Cr 10.3% | ₹44.3K Cr 5.7% | ₹42.0K Cr 5.0% | ₹39.9K Cr 3.0% | ₹38.8K Cr 19.9% | ₹32.4K Cr 13.2% | ₹28.6K Cr 14.1% | ₹25.1K Cr 0.6% | ₹25.2K Cr |
| Investing CF | ₹-11.9K Cr 454.4% | ₹-2.1K Cr 135.2% | ₹6.1K Cr 1011.5% | ₹548 Cr 174.3% | ₹-738 Cr 90.7% | ₹-8.0K Cr 188.7% | ₹9.0K Cr 445.2% | ₹1.6K Cr 47.0% | ₹3.1K Cr 118.4% | ₹-16.9K Cr |
| Financing CF | ₹-42.1K Cr 11.2% | ₹-47.4K Cr 2.3% | ₹-48.5K Cr 1.4% | ₹-47.9K Cr 42.6% | ₹-33.6K Cr 2.9% | ₹-32.6K Cr 18.2% | ₹-39.9K Cr 43.1% | ₹-27.9K Cr 3.8% | ₹-26.9K Cr 143.8% | ₹-11.0K Cr |
| Net Cash Flow | ₹-1.9K Cr 185.6% | ₹-674 Cr 135.6% | ₹1.9K Cr 135.3% | ₹-5.4K Cr 195.3% | ₹5.6K Cr 414.9% | ₹-1.8K Cr 225.7% | ₹1.4K Cr 39.3% | ₹2.3K Cr 82.0% | ₹1.3K Cr 147.7% | ₹-2.7K Cr |
| Free Cash Flow | ₹48.0K Cr 6.7% | ₹45.0K Cr 7.9% | ₹41.7K Cr 7.2% | ₹38.9K Cr 5.2% | ₹37.0K Cr 3.7% | ₹35.7K Cr 21.8% | ₹29.3K Cr 10.7% | ₹26.5K Cr 13.7% | ₹23.3K Cr 0.0% | ₹23.3K Cr |
Values in ₹ Cr · Source: Screener.in
Key Ratios History
| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 93d 10.7% | 84d 3.7% | 81d 0.0% | 81d 1.3% | 80d 19.4% | 67d 5.6% | 71d 4.4% | 68d 8.1% | 74d 5.7% | 70d |
| Inventory Days | — | — | — | — | — | — | — | — | — | — |
| Days Payable | — | — | — | — | — | — | — | — | — | — |
| Cash Conv. Cycle | 93d 10.7% | 84d 3.7% | 81d 0.0% | 81d 1.3% | 80d 19.4% | 67d 5.6% | 71d 4.4% | 68d 8.1% | 74d 5.7% | 70d |
| Working Capital Days | 38d 11.8% | 34d 0.0% | 34d 13.3% | 30d 9.1% | 33d 44.1% | 59d 7.8% | 64d 8.6% | 70d 14.8% | 61d 1.6% | 62d |
| ROCE | 63.0% 3.1% | 65.0% 1.6% | 64.0% 8.5% | 59.0% 9.3% | 54.0% 10.2% | 49.0% 4.3% | 47.0% 0.0% | 47.0% 20.5% | 39.0% 11.4% | 44.0% |
Source: Screener.in · Lower days = better efficiency
Deep Dive Analysis
About Tata Consultancy Services Limited
Tata Consultancy Services is the flagship company and a part of Tata group. It is an IT services, consulting and business solutions organization that has been partnering with many of the world's largest businesses in their transformation journeys for over 50 years. TCS offers a consulting-led, cognitive powered, integrated portfolio of business, technology and engineering services and solutions. [1]
Information TechnologyIT - Software