Tata Consultancy Services Limited

Information Technology · IT - Software

NSE: TCS BSE: 532540

₹2050.60

Sept. 30, 2026 · NSE · nse_bhavcopy

Peers in IT - Software

The largest companies in the same industry by market cap. This company ranks #1 of 126. PE, ROE, 1Y return and scores come from the daily/weekly precomputed snapshot.

Company	Market cap (₹ Cr)	PE (TTM)	ROE	1Y return	Div. yield	Quality	Valuation	Momentum
Tata Consultancy Services Limited (this stock)	741,925	14.8	45.6%	-29.6%	3.17%	98	27	11
Infosys Limited	403,364	13.4	31.6%	-31.2%	4.83%	98	73	11
HCL Technologies Limited	333,781	28.3	22.1%	-11.5%	4.88%	93	29	14
Wipro Limited	156,971	14.7	15.0%	-34.3%	5.05%	83	83	10
Tech Mahindra Limited	149,361	39.1	16.0%	7.6%	—	78	10	31
LTM Limited	119,983	24.6	20.7%	-21.0%	1.85%	78	21	12
Oracle Financial Services Software Limited	92,558	26.0	33.7%	21.8%	3.76%	80	12	29
Persistent Systems Limited	83,276	49.3	23.8%	6.5%	—	82	25	31

Valuation multiples

Current only. Market cap is the whole company's; sales/EBITDA are trailing-twelve-month standalone; debt and cash come from the latest filed standalone balance sheet (March 31, 2026). EBITDA = PBT + interest + depreciation.

Enterprise value

₹740,092 Cr

EV / EBITDA

10.6x

EV / Sales

3.25x

Market cap / Sales

3.26x

Earnings yield

6.76%

Quarterly Financials

Download CSV

Standalone Consolidated

↑ Positive

Quarterly Revenue

Jun 2026 quarterly revenue is Rs 62,959 Cr, up 13.5% YoY.

↑ Positive

Quarterly Net Profit

Jun 2026 quarterly net profit is Rs 13,642 Cr, up 8.7% YoY.

Period end	Revenue (₹ Cr)	PBT (₹ Cr)	Net profit (₹ Cr)	Basic EPS
June 30, 2026	59,553	17,709	13,642	₹37.7000
March 31, 2026	58,052	18,464	14,526	₹40.1500
Dec. 31, 2025	55,567	12,912	10,190	₹28.1600
Sept. 30, 2025	54,531	15,244	11,828	₹32.7000
June 30, 2025	52,788	16,186	12,552	₹34.6900
March 31, 2025	54,136	14,672	11,116	₹30.7200
Dec. 31, 2024	53,883	15,509	11,832	₹32.7100
Sept. 30, 2024	53,990	16,589	12,994	₹35.9100
June 30, 2024	52,844	15,878	12,115	₹33.4800
March 31, 2024	51,488	15,180	11,393	₹31.4800
Dec. 31, 2023	50,844	14,046	10,753	₹29.4500
Sept. 30, 2023	50,165	14,444	10,929	₹29.8700
June 30, 2023	49,862	13,932	10,484	₹28.6500

Quarterly income statement (standalone, ₹ Cr)

Indicator	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23
Total income (before exceptional items)	62,959	61,568	57,616	56,299	55,491	56,058	56,001	57,175	55,261	53,294	52,653	51,920	51,765
Operating revenue	59,553	58,052	55,567	54,531	52,788	54,136	53,883	53,990	52,844	51,488	50,844	50,165	49,862
Other income	3,406	3,516	2,049	1,768	2,703	1,922	2,118	3,185	2,417	1,806	1,809	1,755	1,903
Operating expenses	43,420	41,922	39,873	38,863	38,031	40,067	39,156	39,432	38,269	36,942	36,481	36,363	36,726
Operating profit	16,133	16,130	15,694	15,668	14,757	14,069	14,727	14,558	14,575	14,546	14,363	13,802	13,136
Operating profit margin	27.1%	27.8%	28.2%	28.7%	28.0%	26.0%	27.3%	27.0%	27.6%	28.3%	28.2%	27.5%	26.3%
Depreciation	915	944	1,102	1,139	1,103	1,118	1,125	1,008	969	975	964	979	969
Interest	247	238	512	203	171	201	211	146	145	197	204	134	138
Exceptional items, gain / (loss)	-668	—	-3,217	-850	—	—	—	—	—	—	-958	—	—
Profit before tax	17,709	18,464	12,912	15,244	16,186	14,672	15,509	16,589	15,878	15,180	14,046	14,444	13,932
Tax	4,067	3,938	2,722	3,416	3,634	3,556	3,677	3,595	3,763	3,787	3,293	3,515	3,448
Net profit	13,642	14,526	10,190	11,828	12,552	11,116	11,832	12,994	12,115	11,393	10,753	10,929	10,484
EPS	37.70	40.15	28.16	32.70	34.69	30.72	32.71	35.91	33.48	31.48	29.45	29.87	28.65
Net profit (TTM)	50,186	49,096	45,686	47,328	48,494	48,057	48,334	47,255	45,190	43,559	41,966	41,872	41,002
EPS (TTM)	138.71	135.70	126.27	130.82	134.03	132.82	133.58	130.32	124.28	119.45	114.76	114.44	112.06

Total income excludes exceptional items, which are shown on their own row. Trendlyne and Screener fold exceptional items into revenue or other income, so their totals differ from this table by exactly that row.

Annual Financials

Year ended	Revenue (₹ Cr)	PBT (₹ Cr)	Net profit (₹ Cr)
March 31, 2026	220,938	62,806	49,096
March 31, 2025	214,853	62,648	48,057
March 31, 2024	202,359	57,602	43,559
March 31, 2023	190,354	51,690	39,106

Annual income statement (standalone, ₹ Cr; CAGR to the latest year)

Indicator	CAGR 3Y	CAGR 5Y	Mar 26	Mar 25	Mar 24	Mar 23	Mar 22	Mar 21	Mar 20	Mar 19	Mar 18	Mar 17
Total income (before exceptional items)	5.7%	10.3%	230,974^†	224,495^†	209,632^†	195,682^†	167,827^†	141,363^†	139,388^†	130,797^†	103,159^†	97,261^†
Operating revenue	5.1%	10.2%	220,938	214,853	202,359	190,354	160,341^†	135,963^†	131,306^†	123,170^†	97,356^†	92,693^†
Other income	—	—	10,036^†	9,642^†	7,273^†	5,328^†	7,486^†	5,400^†	8,082^†	7,627^†	5,803^†	4,568^†
Operating expenses	—	—	158,689^†	156,924^†	146,512^†	139,357^†	114,096^†	95,653^†	93,953^†	88,206^†	69,551^†	65,592^†
Operating profit	6.9%	9.1%	62,249^†	57,929^†	55,847^†	50,997^†	46,245^†	40,310^†	37,353^†	34,964^†	27,805^†	27,101^†
Operating profit margin	—	—	28.2%^†	27.0%^†	27.6%^†	26.8%^†	28.8%^†	29.6%^†	28.4%^†	28.4%^†	28.6%^†	29.2%^†
Depreciation	—	—	4,288^†	4,220^†	3,887^†	3,940^†	3,522^†	3,053^†	2,701^†	1,716^†	1,647^†	1,575^†
Interest	—	—	1,124^†	703^†	673^†	695^†	486^†	537^†	743^†	170^†	30^†	16^†
Exceptional items, gain / (loss)	—	—	-4,067^†	0^†	-958^†	0^†	0^†	-1,218^†	0^†	0^†	0^†	0^†
Profit before tax	6.7%	9.0%	62,806	62,648	57,602	51,690	49,723^†	40,902^†	41,991^†	40,705^†	31,931^†	30,066^†
Tax	—	—	13,710^†	14,591^†	14,043^†	12,584^†	11,536^†	9,942^†	8,731^†	10,640^†	6,690^†	6,413^†
Net profit	7.9%	9.7%	49,096	48,057	43,559	39,106	38,187^†	30,960^†	33,260^†	30,065^†	25,241^†	23,653^†
EPS	8.3%	10.4%	135.70^†	132.82^†	119.45^†	106.88^†	103.25^†	82.81^†	88.63^†	—	—	—

^† Derived: the sum of that fiscal year's four quarterly filings (a real annual filing is used wherever one exists). Checked against filed annual figures, the sum lands within 0.5% for about 94% of company-years.

Annual ratios (standalone)

Ratio	Mar 26	Mar 25	Mar 24	Mar 23	Mar 22	Mar 21	Mar 20	Mar 19	Mar 18	Mar 17
Operating margin	28.2%^†	27.0%^†	27.6%^†	26.8%^†	28.8%^†	29.6%^†	28.4%^†	28.4%^†	28.6%^†	29.2%^†
EBIT margin	28.9%^†	29.5%^†	28.8%^†	27.5%^†	31.3%^†	30.5%^†	32.5%^†	33.2%^†	32.8%^†	32.5%^†
PBT margin	28.4%	29.2%	28.5%	27.2%	31.0%^†	30.1%^†	32.0%^†	33.0%^†	32.8%^†	32.4%^†
Net margin	22.2%	22.4%	21.5%	20.5%	23.8%^†	22.8%^†	25.3%^†	24.4%^†	25.9%^†	25.5%^†
Interest coverage	56.88x^†	90.12x^†	86.59x^†	75.37x^†	103.31x^†	77.17x^†	57.52x^†	240.44x^†	1065.37x^†	1880.13x^†
Dividend payout	46.4%^†	43.7%^†	42.7%^†	43.0%^†	34.9%^†	35.0%^†	50.8%^†	—	—	—
Earnings retention	53.6%^†	56.3%^†	57.3%^†	57.0%^†	65.1%^†	65.0%^†	49.2%^†	—	—	—
Current ratio	2.01x	2.10x	—	—	—	—	—	—	—	—
Quick ratio	2.01x	2.10x	—	—	—	—	—	—	—	—
Debt to equity	0.00x	0.00x	—	—	—	—	—	—	—	—
Return on equity	58.0%	63.6%	—	—	—	—	—	—	—	—
Return on assets	32.9%	36.2%	—	—	—	—	—	—	—	—
Return on capital employed	67.8%^†	75.8%^†	—	—	—	—	—	—	—	—
Asset turnover	1.48x	1.62x	—	—	—	—	—	—	—	—

Margins and asset turnover use operating revenue (interest earned for banks, excluding other income), not total income. Liquidity, leverage and return ratios need a filed standalone balance sheet, which exists only for recent years; returns use year-end equity/assets. Dividend payout is shown only for companies with a dividend record. † = built from a summed fiscal year.

Revenue Mix

Period end	IT & consultancy services (₹ Cr)	Equipment & software licences (₹ Cr)
Sept. 30, 2015	21,216	420

Cash Flow

Year ended	Operating (₹ Cr)	Investing (₹ Cr)	Financing (₹ Cr)	Capex (₹ Cr)	Free Cash Flow (₹ Cr)
March 31, 2026	45,597	-5,127	-41,527	3,081	42,516
March 31, 2025	40,816	4,825	-46,724	2,388	38,428
March 31, 2024	39,142	10,807	-47,793	1,720	37,422
March 31, 2023	37,029	3,250	-47,224	2,041	34,988
March 31, 2022	36,127	3,642	-32,797	2,147	33,980

Balance Sheet (standalone)

Year ended	Total Assets (₹ Cr)	Total Equity (₹ Cr)	Reserves (₹ Cr)	Borrowings, Current (₹ Cr)	Borrowings, Non-current (₹ Cr)	Current Assets (₹ Cr)	Current Liabilities (₹ Cr)	Cash & Equivalents (₹ Cr)	Net Block (₹ Cr)	Inventory (₹ Cr)
March 31, 2026	149,268	84,676	84,314	0	0	110,270	54,960	1,833	8,259	29
March 31, 2025	132,788	75,617	75,255	0	0	103,163	49,182	2,610	8,346	20
March 31, 2024	—	—	—	—	—	—	—	—	—	—
March 31, 2023	—	—	—	—	—	—	—	—	—	—
March 31, 2022	—	—	—	—	—	—	—	—	—	—

Financial charts

Trend charts drawn from the standalone income-statement and ratio tables above (oldest year on the left); a gap means that period has no figure. Annual years marked † in the tables are derived from four quarters.