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 16.8x vs industry 37.2x)
- Virtually debt-free
- Regular dividends — yield 2.5%
Concerns
Today's Price Action
The stock closed at ₹2,460 with zero percent change, matching the previous close. Trading volume stood at 2,53,99,29 shares, identical to the 20‑day average, indicating a neutral participation level. The lack of price movement despite average volume suggests that buying and selling pressures are balanced at the current level.
Valuation Snapshot
The current trailing P/E ratio is 16.8, which is comparable to the broader information technology sector where the P/E metric is not disclosed. A return on equity of 51.8 % underscores strong profitability relative to the capital base. Such a high ROE combined with a modest P/E indicates efficient capital utilisation while market pricing remains relatively restrained.
Key Levels to Watch
The price sits roughly 38 % above the 52‑week low of ₹1,976 and 27 % below the 52‑week high of ₹3,350, suggesting limited upside to the top of the range. Open‑interest data shows a concentration of contracts around the ₹2,400‑₹2,500 band, providing a potential support‑resistance zone. If price revisits the ₹2,350 mark, historical turnover often accelerates, providing an additional reference for short‑term participants.
Chart Pattern
On the daily chart, a bearish harami formed seven days ago followed by a tweezer top on the same day, both occurring on daily timeframes. These candlesticks typically signal a pause or potential reversal in the prevailing trend.
Data Summary
Key metrics include a market‑capitalisation figure of ₹0 Cr, a price‑to‑book ratio of zero, and a P/E of 16.8. Volume aligns with the 20‑day average, and the recent candlestick formations reflect a consolidation phase. The profile remains consistent.
Peer Comparison
| Company | CMP | Mkt Cap | P/E | P/B | ROE % | ROCE % | D/E |
|---|---|---|---|---|---|---|---|
| INFY Infosys Limited | ₹1,123 | ₹4.7L Cr | 14.8 | 4.6 | 31.9 | 40 | 0.09 |
| HCLTECH HCL Technologies Limited | ₹1,401 | ₹3.9L Cr | 20.3 | 5 | 23.8 | 30.4 | 0.08 |
| WIPRO Wipro Limited | ₹185 | ₹1.9L Cr | 14.3 | 2.31 | 15.5 | 17.8 | 0.28 |
| TECHM Tech Mahindra Limited | ₹1,777 | ₹1.8L Cr | 30.7 | 5.86 | 17.5 | 23.1 | 0.07 |
| LTM LTM Limited | ₹4,104 | ₹1.2L Cr | 21.9 | 4.71 | 23.1 | 29.6 | 0.09 |
| PERSISTENT Persistent Systems Limited | ₹5,848 | ₹91K Cr | 48.4 | 10.75 | 27.2 | 34.4 | 0.07 |
| OFSS Oracle Financial Services Software Limited | ₹9,986 | ₹84K Cr | 23.6 | 11.31 | 32.6 | 45.3 | 0 |
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
Approval of the Financial Results and consideration of declaration of second interim dividend
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
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
Tata Group stocks fall 35% from 52-week high post-Q2 results
*Tata Group stocks fall 35% from 52-week high post-Q2 results* following disappointing earnings and weak guidance across key subsidiaries. TCS, Tata Motors, and Tata Steel all reported muted performance, dragging down investor sentiment. **Q2 revenue growth fell short by **10-15%** in core companies**, triggering broad-based selling. The correction reflects profit booking after a prolonged rally. 📊 *STOCKS:* TCS, TATAMOTORS, TATACONSUM, TITAN, TATASTEEL | 🏢 *SECTOR:* CapitalMarkets | #HIGHIMPACT #Earnings
IT earnings boost Indian markets to 6-month high
*IT earnings drive strongest weekly market performance in six months.* TCS and Infosys posted **revenue growth of 5.2% QoQ** and **$4.1B in combined deal wins**, lifting Nifty IT index by **6.8%**. Strong dollar receipts and robust guidance boosted investor confidence. 📊 *STOCKS:* TCS INFY | 🏢 *SECTOR:* IT | #HIGHIMPACT #Earnings
IMF raises India GDP growth to 7%, boosting market sentiment
*IMF raises India GDP growth to 7%, boosting market sentiment*. The rupee strengthened to **₹83.20** against the dollar as IMF upgraded India's growth outlook. IT stocks rose on back of positive macro sentiment, with Nifty IT index gaining **1.8%**. Improved economic forecast supports F&O positions in export-heavy sectors. 📊 *STOCKS:* TCS, INFY | 🏢 *SECTOR:* IT | #HIGHIMPACT #GDP
SP Group to sell $2.6B Tata stake, shares fall
*SP Group to sell $2.6B Tata stake, shares fall* — Shares of Tata Group companies declined sharply after Singapore's SP Group announced plans to sell its entire **$2.6 billion** stake in Tata firms. The divestment, expected over the coming weeks, triggered broad-based selling across Tata stocks on profit-taking and sentiment concerns. Investors are assessing the potential supply overhang and impact on market stability. 📊 *STOCKS:* TCS | 🏢 *SECTOR:* CapitalMarkets | #HIGHIMPACT #StakeSale
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 BaNCS enters Sri Lanka with Indian Bank tie-up
*TCS BaNCS enters Sri Lanka with Indian Bank tie-up* — TCS BaNCS for Treasury has expanded into Sri Lanka through a partnership with Indian Bank. The solution will support treasury operations, enhancing digital capabilities for Indian Bank’s operations abroad. This marks TCS’s growing footprint in South Asia’s fintech space. 📊 *STOCKS:* $TCS $INDIANB | 🏢 *SECTOR:* IT | #MEDIUMIMPACT #TCS
TCS launches Industrial Intelligence Foundry for AI-led engineering
*TCS launches Industrial Intelligence Foundry for AI-led engineering*. The new platform aims to accelerate AI-driven autonomy in industrial operations. It integrates advanced analytics and digital engineering to enhance client offerings. TCS expects this to strengthen its leadership in AI-led digital transformation. 📊 *STOCKS:* $TCS | 🏢 *SECTOR:* IT | #MEDIUMIMPACT #AI
TCS wins core banking transformation deal with MyState Limited
*TCS wins core banking transformation deal with MyState Limited* — MyState Limited has selected TCS BaNCS™ to modernize its core banking platform. The solution will enable enhanced digital services and operational efficiency. The contract marks a strategic IT partnership in the BFSI space. 📊 *STOCKS:* $TCS | 🏢 *SECTOR:* IT | #MEDIUMIMPACT #dealwin
TCS responds to US labor certification changes
*TCS responds to US labor certification changes*. The company issued a statement regarding recent US government updates on the Permanent Labor Certification Program, which may impact H-1B visa processing for Indian IT professionals. While no immediate financial impact is indicated, long-term implications for staffing and overseas deployment remain under review. TCS emphasized its commitment to compliance and global talent mobility. 📊 *STOCKS:* $TCS | 🏢 *SECTOR:* IT | #MEDIUMIMPACT #TCS
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