TickerSutra

NSE: TCS · BSE: 532540 · ISIN INE467B01029

Tata Consultancy Services Limited stock analysis

Tata Consultancy Services Limited ranks #563 in the TickerSutra evidence-ranked universe with a score of 63/100 and 95% data confidence. The latest captured fundamentals show ROCE of 63.0%, quarterly sales growth of 13.9% and quarterly profit growth of 8.4%.
Complete evidence gate pass governance reviewUpdated 29 Sept 2026
TICKERSUTRA SCORE63/100

Monitor only

#563 of 5,430 ranked equities
Market capitalisation₹8,17,183.8cr
ROCE63.0%
Quarterly sales growth13.9%
Quarterly profit growth8.4%
P/E ratio15.2×
Promoter pledge0.0%

INVESTMENT EVIDENCE

What supports—and challenges—the thesis

Evidence in favour

  • ROCE is 63%
  • Low debt/equity of 0.11×
  • CWIP indicates an active capacity pipeline
  • No promoter shares are reported as pledged

Risks and constraints

  • No calculated threshold risk in the current snapshot.

Still unresolved: Related-party exposure · Broad media sentiment

FINANCIAL TRAJECTORY

Recent operating history

PeriodRevenueOperating profitNet profitOperating margin
2022₹1,91,754cr₹53,057cr₹38,449cr28.0%
2023₹2,25,458cr₹59,259cr₹42,303cr26.0%
2024₹2,40,893cr₹64,296cr₹46,099cr27.0%
2025₹2,55,324cr₹67,407cr₹48,797cr26.0%
2026₹2,67,021cr₹72,398cr₹49,454cr27.0%
TTM₹2,75,859cr₹74,079cr₹50,055cr27.0%
Debt / equity0.11×
CFO / EBITDA0.72×
Operating margin27.0%
Free cash flow₹48,013cr
Sales CAGR · 3Y5.8%
Profit CAGR · 3Y5.3%

EXCHANGE EVENT TRIGGERS

Latest corporate disclosures

0 positive catalysts0 negative catalysts9 routine filings

MANAGEMENT COMMENTARY

Signals from filed documents

Margin pressureHigh severity · 1 mention
Negative warning

The first question is in terms of segmental margins. Just wanted to get a sense in terms of why there has been closer to 250 bps to 300 bps decline in margins across manufacturing, communications, life sciences, and even in others segment. Samir Seksaria: Overall, we have seen a 170 bps impact due to salary increments and then incrementally there would be some impact coming in at a segment level on specific vertical ba

HOW TO READ THIS PAGE

Evidence, freshness and limitations

What does the TickerSutra score mean?

The score ranks captured evidence across financial quality, growth, moat and margins, regulatory catalysts, governance, institutional trend and valuation comfort. It is a research-prioritization tool—not a buy recommendation or price target.

Which sources support this page?

Financial history, ownership and pledge data, NSE and BSE filings, annual reports and available earnings-call transcripts are combined here. Use the source trail and original exchange document before relying on a decision-critical fact.

Why can an item be unresolved?

Unresolved means the current captured source window did not provide enough evidence for that check. It does not establish that a risk or relationship is absent.

Maintained by TickerSutra Research · Snapshot updated 29 Sept 2026 · Read the methodology · Read the disclaimer

DIRECTOR & BUSINESS NETWORK

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