Brief history and company intro: Founded in 1968, Tata Consultancy Services (TCS) is the flagship company and a part of Tata group. TCS provides IT services, consulting and business solutions and has been partnering with many of the world’s largest businesses in their transformation journeys. The company offers a consulting-led, cognitive powered, integrated portfolio of IT, business and engineering services and solutions. TCS works with leading corporations across the world, departments of the Government of India and various state governments, systemically important entities and the private sector. The company has pan India presence and 50+ countries globally with major presence in countries across Europe, the UK, the Middle East, North America, Latin America, and South-East Asia.
Market Cap: ₹11,62,039 Cr.
Stock P/E: 23.5
Book Value: ₹ 262 (P/B: 12.5)
ROCE: 64.6 %
ROE: 52.4 %
Sales growth over past years (10,7,5,3,1 years) :
15.69%, 4.36%, 7.16%, 16.8%, 6.85%
Compounded Sales Growth
(10,5,7,3,1 years) : 10%, 9% 10%, 10%, 8%
OPM(10,7,5,3,1 year in %): 26, 26, 27, 28,27
Net Profit : Improving YoY and have improved from 28060 to 46099 crore over past 10 years
EPS : Improving YoY and have improved from 50.68 to 134.20
ROCE (10,7,5,3,1 year in %):
50, 39, 47, 54, 64
Debt: No long term borrowings
Net Cash flow over years (10,7,5,3,1 in crores): +394, +1286, +1422, +5630, +1893
Promoter holding: ~70-73%
Any known corporate issues: none (jobs for cash issue which has been resolved as per management commentary)
Client breakup: USD 1M+ clients: 44%
USD 5M+ clients: 23.5%
USD 10M+ clients: 16.3%
USD 20M+ clients: 9.87%
USD 50M+ clients: 4.31%
USD 100M+ clients: 2.04%
Total project in pipeline: 9.2B USD