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TCS · NSE · Computers - Software & Consulting

Tata Consultancy Services Ltd

What the numbers mean, from its filings and the exchange. Data as of 12 Oct 2026.
Large Cap · AMFI list Jan-Jun 2026 · Vendor sector: Technology
fair low confidence No valuation within 120 days; P/E 15.1 vs peers 24.6 (3rd of 9); P/B 10.1 vs peers 6.3 (7th of 9).
Statements through FY2026Prices adjusted for 2 corporate actionsNot yet reviewed by the adversarial model

What is Tata Consultancy Services's share price today?

Tata Consultancy Services last traded at ₹2,125.00 on the NSE, as of 12 Oct 2026, 11:00 pm IST, down 1.4% on the day, down 28.3% over a year. Its 52-week range is ₹1,977 to ₹3,350. The live price is in the app.

₹2,125.00 −1.4% today
−28.3% over 1 year · NSE, as of 12 Oct 2026, 11:00 pm IST
60 month-end closes, 31 Oct 2021 to 30 Sep 2026, adjusted for splits and bonuses
52-week range11% of the way up
Low ₹1,977High ₹3,350

What is Tata Consultancy Services's market cap?

Tata Consultancy Services's market capitalisation is about ₹7.80 lakh crore: what it would cost to buy every share at today's price. That makes it the 6th largest large cap company we cover.

₹7.8 L Cr Large Cap6th largest large cap company
Large Cap means the 100 largest listed companies, under SEBI's rules. Shares in issue are worked out from the market cap and the price. What market cap tells you →

Key facts

From the exchange
Symbol
NSE: TCS
ISIN
INE467B01029
Cap bucket
Large Cap, 6th largest by market cap
Industry (NSE)
Information Technology › IT - Software › Computers - Software & Consulting
Listed since
2004
Futures and options
Traded

Is Tata Consultancy Services overvalued?

Fair, with low confidence: no valuation within 120 days; P/E 15.1 vs peers 24.6 (3rd of 9); P/B 10.1 vs peers 6.3 (7th of 9).

Valuation

Latest price and trailing 12 months
P/E 15.11
vs peers 24.6 · 3rd of 9
Price divided by last year's earnings per share: how many years of today's profit you pay for. Learn more →
P/B 10.08
vs peers 6.3 · 7th of 9
Price divided by book value per share: what you pay for each rupee of net assets on the balance sheet. Learn more →
Market cap ₹7.80 lakh Cr
Total market value of all shares, in ₹ crore. Learn more →
Dividend yield 4.7%
vs peers 3.8% · 3rd of 9
Last year's dividends as a share of today's price. Learn more →
PEG (vendor) 2.52
vs peers 1.7 · 6th of 8
P/E divided by the vendor's earnings growth figure, which it does not disclose; a P/E adjusted for how fast profits grow. Learn more →
PEG on our 3-year EPS growth 2.65
P/E divided by the 3-year EPS growth rate from the stored accounts. Learn more →
3 models could be judged
Skipped — Fair value, EPV, Graham number, Graham value, Lynch, Owner earnings: no valuation stored

Our valuation range

🔒 Pro
Value range, implied growth at today's price, and the nine models behind it: in the app.

Is Tata Consultancy Services a quality business?

Quality score 45, 6th of 9 in its peer set; WATCH on 26 of 30 flags judged.

Quality and risk

Data as of 12 Oct 2026
Business quality Not available
The kind of business, which sets the yardstick it is judged by. Learn more →
Quality score 45
vs peers 56.2 · 6th of 9
Returns, margins, leverage and consistency against its peers, out of 100. Learn more →
Risk level WATCH
26 of 30 flags judged
From flags on debt, earnings quality, dilution and price swings. Learn more →

Profitability

ROE 61.5%
vs peers 24.3% · 1st of 9
Return on equity: profit as a share of shareholders' money. Learn more →
ROCE 71.4%
vs peers 31.0% · 1st of 9
Return on capital employed: operating profit as a share of all the capital in the business, debt and equity. Learn more →
Profit margin 17.9%
vs peers 12.4% · 2nd of 9
Profit after everything, as a share of revenue. Learn more →
EPS ₹136.61
Trailing 12 months
Profit for each share over the last 12 months.

Scorecard

🔒 Pro
Health scores and red flags with their values and history: in the app.
See the scorecard →
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Has Tata Consultancy Services made money for shareholders?

Not over these periods: −28.3% over one year and −11.5% a year over five years.

Shareholder returns

1-year return −28.3%
Price only
What the share price did over the last 12 months. Learn more →
5-year return −11.5% a year
Price only
Yearly average price return over five years, bonuses and splits adjusted. Learn more →
Wealth destroyer Yes
Five-year total return — price CAGR on bonus- and split-adjusted closes plus the dividend yield — below the 7% a bank fixed deposit paid. Learn more →

Returns

3Y and 5Y are yearly averages
1W
+2.0%
1M
−4.2%
3M
−1.2%
6M
−12.8%
1Y
−28.3%
3Y
−15.3%
5Y
−11.5%

Does Tata Consultancy Services pay a dividend?

Yes. Tata Consultancy Services's dividend yield is 4.67% at the latest price; the last payout was ₹12.00 a share, ex-dividend 15 Jul 2026.

Dividends

Per share, by ex-dividend date
Dividend yield4.67%
The past 12 months' dividends as a share of today's price.
15 Jul 2026 · Interim₹12.00
25 May 2026 · Final₹31.00
16 Jan 2026 · Special₹46.00
16 Jan 2026 · Interim 3₹11.00
15 Oct 2025 · Interim 2₹11.00
Payout ratio🔒 In the app
The share of profit paid out as dividends; a very high share leaves little to reinvest.
Dividend growth, 5 years🔒 In the app
How fast the dividend per share has grown a year.
Years without a miss🔒 In the app
How many years in a row a dividend has been paid.

Is Tata Consultancy Services growing?

Revenue 3 years 5.8% a year; profit 3 years 5.3% a year; revenue 5 years 8.0% a year.

Growth

Statements through FY2026 (Mar-26)
Revenue 3 years 5.8% a year
vs peers 8.7% · 7th of 9
Compound annual growth of revenue over three years. Learn more →
Profit 3 years 5.3% a year
vs peers 6.0% · 5th of 9
Compound annual growth of net profit over three years. Learn more →
Revenue 5 years 8.0% a year
Compound annual growth of revenue over five years. Learn more →
Profit 5 years 6.1% a year
Compound annual growth of net profit over five years. Learn more →
EPS 3 years 5.7% a year
Growth in earnings per share, so dilution counts against the company. Learn more →
EPS 5 years 9.3% a year
Growth in earnings per share over five years, so dilution counts against the company. Learn more →
P/E vs own history -48.4%
vs peers -11.0% · 1st of 9
Today's P/E against its own 5-year median; negative is cheaper than its history. Learn more →

How did Tata Consultancy Services do last quarter?

Tata Consultancy Services reported revenue of ₹73,188 Cr, up 4.6% on a year earlier and a net profit of ₹13,934 Cr, up 1.4% in the Sep 2026 quarter.

Latest quarter

Sep 2026
Revenue, latest quarter₹73,188 Cr
+4.6% on a year earlier
What the company took in over the quarter.
Net profit, latest quarter₹13,934 Cr
+1.4% on a year earlier
What was left for shareholders after every cost and tax.

How does Tata Consultancy Services compare with its peers?

Compared with 8 IT - Software (the industry, as the basic industry was too small); 3rd of 9 on P/E; 6th of 9 on quality score.

Compared with 8 IT - Software (the industry, as the basic industry was too small)

8 companies

Tata Consultancy Services against its peers

Largest 8 of 8 peers, by market cap
CompanyMarket capP/EP/BROEROCE1YQuality 🔒Rank 🔒
Tata Consultancy Services Ltd₹7.8 L Cr15.110.161.5%71.4%−28.3%
Infosys Ltd₹4.2 L Cr13.86.334.7%43.3%−31.5%
HCL Technologies Ltd₹3.3 L Cr18.914.140.6%50.3%−18.6%
Wipro Ltd₹1.6 L Cr12.93.119.1%21.9%−33.7%
Tech Mahindra Ltd₹1.5 L Cr26.16.217.5%20.9%+4.4%
LTM Ltd₹1.2 L Cr23.15.222.1%27.4%−26.0%
Oracle Financial Services Software Ltd₹91,544 Cr26.88.338.1%47.7%+14.3%
Persistent Systems Ltd₹91,022 Cr46.911.426.6%34.5%+8.3%
Coforge Ltd₹82,755 Cr37.94.618.9%18.5%+8.8%
Peer median—24.66.324.3%31.0%−7.1%
Market cap in rupees crore; P/E and P/B on the latest price; 1Y is the price return over a year. A dash is a figure that does not apply or is not reported.

Full peer comparison

🔒 Pro
Every peer, every figure, the ranks and the quality and forensic scores side by side: in the app.

Who owns Tata Consultancy Services?

Tata Consultancy Services is held by promoters 71.8%, foreign institutions 9.1%, domestic institutions 13.5%.

Shareholding pattern

Latest filing, percent of shares
Promoters71.8%
The founders and controlling group.
Foreign institutions9.1%
Overseas funds investing through the FPI route.
Domestic institutions13.5%
Indian insurers, banks, pension and mutual funds together.
Mutual funds5.7%
Indian mutual fund schemes; part of domestic institutions.
Retail and others4.7%
Individual investors and everyone else.
Promoter shares pledged🔒 In the app
Promoter shares given as collateral for loans; a high share is a risk to watch.
Holding trend🔒 In the app
Whether promoters, foreign funds and mutual funds have been adding or selling over recent quarters.

What do analysts say about Tata Consultancy Services?

40 analysts cover Tata Consultancy Services, and the consensus is buy. A consensus is a count of opinions, not a forecast; read it beside the numbers.

Analyst consensus

40 analysts
ConsensusBuy
The rating most covering analysts give the share.
Average target price🔒 In the app
The mean of the analysts' 12-month price targets.
Upside to target🔒 In the app
How far the target sits above or below today's price.
Share rating it a buy🔒 In the app
The share of covering analysts with a buy rating.

What does Tata Consultancy Services do and what is it sensitive to?

TCS is a global IT services and consulting firm that sells application development, maintenance, digital transformation, and business operations services to Fortune 1000 and Global 2000 corporations and public sector clients. Sensitive to: global macroeconomic growth and discretionary technology spending.

Business-model card

FY2025 · 31 verified
1Revenue
3Channels
4Regulators
3Reg. dependencies
3Sensitivities
1Costs
1Geographies

TCS is a global IT services and consulting firm that sells application development, maintenance, digital transformation, and business operations services to Fortune 1000 and Global 2000 corporations and public sector clients. It earns revenue primarily through time-and-materials and fixed-price contracts for consulting services, software sales, and equipment licensing, with 91.4% of revenue from exports.

Revenue by segment

year ended March 31, 2026 (consolidated)
Banking, Financial Services and Insurance38.7%
Manufacturing10.0%
Consumer Business15.9%
Communication, Media and Technology14.8%
Life Sciences and Healthcare10.4%
Others10.3%

Revenue engine

1 verified
Consultancy services (98.7%)
Primary revenue line comprising application development, maintenance, consulting, service integration, digital transformation, and cognitive business operations

Customers & channels

3 verified
Fortune 1000 and Global 2000 corporations
Primary customer base globally; no single customer represents 10% or more of total revenue
Government and public sector
In India, serves departments of Government of India, State Governments, systemically important entities; globally serves public sector clients
Business stakeholders and C-suite executives
Engagement increasingly driven by business stakeholders rather than traditional CIO-led spend; TCS targets higher visibility within C-Suites through domain expertise and strategic partnerships

Regulators

4 verified
Ministry of Corporate Affairs (MCA)
Notifies accounting standards and corporate governance rules; grants relaxations affecting compliance framework
Securities and Exchange Board of India (SEBI)
Governs listing obligations, disclosure requirements, insider trading, and substantial acquisitions through multiple regulations
Reserve Bank of India and financial regulators in operating jurisdictions
Regulate foreign exchange management and capital flows; affect cross-border transaction compliance
1 more statement
Special Economic Zones Authority and Software Technology Parks of India
Regulate TCS operations in special zones; affect tax and operational compliance

Regulatory dependencies

3 verified
Foreign Exchange Management Act compliance affecting Overseas Direct Investment and External Commercial Borrowings
Restricts capital mobility and cross-border funding; changes to regulations could increase cost of capital or limit offshore expansion financing
Data localization and sovereign cloud compliance requirements
Increasingly stringent data privacy laws drive demand for sovereign cloud solutions; compliance requirements increase cost and infrastructure investment
Copyright and intellectual property protection under Indian Copyright Act, 1957 and Information Technology Act, 2000
Protect TCS-developed software and platforms; weakening enforcement would reduce value of internally developed IP and increase vulnerability to unauthorized use

Sensitivities

3 verified
Global macroeconomic growth and discretionary technology spending
World GDP growth decline from 3.3% to 2.8% (2025) reduces enterprise discretionary spending on new technology projects; enterprises extend decision-making cycles and apply heightened scrutiny to spending
Geopolitical tensions and energy price volatility
Conflicts disrupt energy markets and global trade flows; elevated energy prices reduce consumer purchasing power and corporate margins; heighten financial market volatility and dampen investment sentiment
Wage inflation and appreciating Rupee
Wage increases and Rupee appreciation reduce profitability by increasing cost-to-serve on fixed-price contracts and reducing revenue conversion from foreign currency earnings

Cost inputs

1 verified
Employee costs (salaries, superannuation, gratuity, pension)
Primary operating cost; includes salaries, superannuation contributions (₹491-498 crore annually), gratuity, and pension obligations; subject to wage inflation and reskilling program investments

Geographies

1 verified
Europe (27.6%)
Second-largest geography; includes UK (₹38,104 crore, 17.7% of FY2025 revenue); 60 offices across Europe
Each statement is checked word for word against the FY2025 annual report; the passages are in the app.

What changed recently?

Interim Dividend - Rs 12 Per Share (14 Oct 2026).

Change log

8 entries · newest first
  1. Corporate actionInterim Dividend - Rs 12 Per Share.
  2. Results filedQ2 FY2027 results filed.
  3. Corporate actionInterim Dividend - Rs 12 Per Share.
  4. Results filedQ1 FY2027 results filed.
  5. Corporate actionDividend - Rs 31 Per Share.
  6. Results filedQ4 FY2026 results filed.
  7. Corporate actionInterim Dividend Rs 11 Per Share/ Special Dividend Rs 46 Per Share.
  8. Results filedQ3 FY2026 results filed.
Get alerts →Sign in to be told when any of these change.

What this page does not tell you

What could not be judged, and why. Never empty.
  • Models not runFair value, EPV, Graham number, Graham value, Lynch, Owner earnings: no valuation stored.
  • FlagsWATCH on 26 of 30 flags judged; 1 red; 4 could not be judged.
  • Data gapsBusiness quality: not available yet.
Not applicable to this company · 1
  • Altman ZAltman Z is a manufacturing model; a service business has no inventory or plant turnover for it to read.

What this page rests on

✓10 years of annual statements, through FY2026 (Mar-26)✓10 quarters of results✓266 months of month-end prices, adjusted for bonuses and splits (2 corporate actions)○no valuation of ours yet✓business-model card FY2025 · 31 verified

Questions people ask

What is Tata Consultancy Services's share price today?

Tata Consultancy Services last traded at ₹2,125.00 on the NSE, as of 12 Oct 2026, 11:00 pm IST, down 1.4% on the day, down 28.3% over a year. Its 52-week range is ₹1,977 to ₹3,350. The live price is in the app.

What is Tata Consultancy Services's market cap?

Tata Consultancy Services's market capitalisation is about ₹7.80 lakh crore: what it would cost to buy every share at today's price. That makes it the 6th largest large cap company we cover.

Is Tata Consultancy Services Ltd a large cap, mid cap or small cap?

Tata Consultancy Services Ltd (TCS) is a large cap company in AMFI's classification for Jan-Jun 2026. SEBI's buckets go by rank on six-month average market capitalisation: the top 100 are large caps, 101 to 250 mid caps, the rest small caps.

What is Tata Consultancy Services Ltd's P/E ratio?

15.11, vs peers 24.6 · 3rd of 9. Price divided by last year's earnings per share: how many years of today's profit you pay for.

Is Tata Consultancy Services Ltd overvalued?

Fair, with low confidence: no valuation within 120 days; P/E 15.1 vs peers 24.6 (3rd of 9); P/B 10.1 vs peers 6.3 (7th of 9).

How does Tata Consultancy Services Ltd make money?

TCS is a global IT services and consulting firm that sells application development, maintenance, digital transformation, and business operations services to Fortune 1000 and Global 2000 corporations and public sector clients. It earns revenue primarily through time-and-materials and fixed-price contracts for consulting services, software sales, and equipment licensing, with 91.4% of revenue from exports.

Who are Tata Consultancy Services Ltd's peers?

Compared with 8 IT - Software (the industry, as the basic industry was too small): Infosys Ltd, HCL Technologies Ltd, Wipro Ltd, Tech Mahindra Ltd, LTM Ltd and 3 more. The app shows how they compare on every figure.

Is this investment advice?

No. Valarth is a research and learning tool and is not a SEBI-registered investment adviser or research analyst. The figures come from the company's filings and the exchanges; what to do with them is your call.

How did Tata Consultancy Services do last quarter?

Tata Consultancy Services reported revenue of ₹73,188 Cr, up 4.6% on a year earlier and a net profit of ₹13,934 Cr, up 1.4% in the Sep 2026 quarter.

Who owns Tata Consultancy Services?

Tata Consultancy Services is held by promoters 71.8%, foreign institutions 9.1%, domestic institutions 13.5%.

Does Tata Consultancy Services pay a dividend?

Yes. Tata Consultancy Services's dividend yield is 4.67% at the latest price; the last payout was ₹12.00 a share, ex-dividend 15 Jul 2026.

What do analysts say about Tata Consultancy Services?

40 analysts cover Tata Consultancy Services, and the consensus is buy. A consensus is a count of opinions, not a forecast; read it beside the numbers.

Everything on Tata Consultancy Services, and 6,621 other companies, with 212 filters and the full peer tables

See Tata Consultancy Services in the app →See pricing