Shares of Tata Consultancy Services were trading at Rs 3,042.20 on Wednesday, a marginal increase of 0.22% from the previous close. Over 3.9 lakh shares changed hands in today's session on the NSE by about 10.25 am.
Financial Snapshot: Here is a look at the key financial performance indicators for Tata Consultancy Services:
| Heading | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 |
|---|---|---|---|---|---|
| Revenue | Rs 62,613.00 Crore | Rs 64,259.00 Crore | Rs 63,973.00 Crore | Rs 64,479.00 Crore | Rs 63,437.00 Crore |
| Net Profit | Rs 12,105.00 Crore | Rs 11,955.00 Crore | Rs 12,444.00 Crore | Rs 12,293.00 Crore | Rs 12,819.00 Crore |
| EPS | 33.28 | 32.92 | 34.21 | 33.79 | 35.27 |
The revenue for Tata Consultancy Services has shown slight fluctuations over the last five quarters. The revenue was Rs 62,613.00 Crore in June 2024 and increased to Rs 64,259.00 Crore by September 2024. It slightly decreased to Rs 63,973.00 Crore in December 2024, and then rose again to Rs 64,479.00 Crore in March 2025. The most recent figure for June 2025 is Rs 63,437.00 Crore. Similarly, the net profit has varied, starting at Rs 12,105.00 Crore in June 2024 and reaching Rs 12,819.00 Crore in June 2025. Earnings per share (EPS) have also seen a gradual increase from 33.28 in June 2024 to 35.27 in June 2025.
Annual Financial Performance:
| Heading | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | Rs 164,177.00 Crore | Rs 191,754.00 Crore | Rs 225,458.00 Crore | Rs 240,893.00 Crore | Rs 255,324.00 Crore |
| Net Profit | Rs 32,562.00 Crore | Rs 38,449.00 Crore | Rs 42,303.00 Crore | Rs 46,099.00 Crore | Rs 48,797.00 Crore |
| EPS | 86.71 | 103.62 | 115.19 | 125.88 | 134.19 |
| BVPS | 235.43 | 245.48 | 249.20 | 252.26 | 261.76 |
| ROE | 37.52 | 42.99 | 46.61 | 50.73 | 51.24 |
| Debt to Equity | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
The annual revenue for Tata Consultancy Services has consistently increased over the past five years. In 2021, the revenue was Rs 164,177.00 Crore, and by 2025, it had grown to Rs 255,324.00 Crore. Net profit has also seen a similar upward trend, rising from Rs 32,562.00 Crore in 2021 to Rs 48,797.00 Crore in 2025. The Earnings Per Share (EPS) have increased from 86.71 in 2021 to 134.19 in 2025. The company's Book Value Per Share (BVPS) has risen from 235.43 in 2021 to 261.76 in 2025, and the Return on Equity (ROE) has improved from 37.52% to 51.24% during the same period. The debt-to-equity ratio has remained at 0.00, indicating that the company has no debt.
Consolidated Income Statement (Annual):
| Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | |
|---|---|---|---|---|---|
| Sales | Rs 255,324 Crore | Rs 240,893 Crore | Rs 225,458 Crore | Rs 191,754 Crore | Rs 164,177 Crore |
| Other Income | Rs 3,962 Crore | Rs 4,422 Crore | Rs 3,449 Crore | Rs 4,018 Crore | Rs 3,134 Crore |
| Total Income | Rs 259,286 Crore | Rs 245,315 Crore | Rs 228,907 Crore | Rs 195,772 Crore | Rs 167,311 Crore |
| Total Expenditure | Rs 193,159 Crore | Rs 182,540 Crore | Rs 171,221 Crore | Rs 143,301 Crore | Rs 122,914 Crore |
| EBIT | Rs 66,127 Crore | Rs 62,775 Crore | Rs 57,686 Crore | Rs 52,471 Crore | Rs 44,397 Crore |
| Interest | Rs 796 Crore | Rs 778 Crore | Rs 779 Crore | Rs 784 Crore | Rs 637 Crore |
| Tax | Rs 16,534 Crore | Rs 15,898 Crore | Rs 14,604 Crore | Rs 13,238 Crore | Rs 11,198 Crore |
| Net Profit | Rs 48,797 Crore | Rs 46,099 Crore | Rs 42,303 Crore | Rs 38,449 Crore | Rs 32,562 Crore |
The consolidated yearly income statement shows consistent growth in sales and total income for Tata Consultancy Services. Sales increased from Rs 164,177 Crore in March 2021 to Rs 255,324 Crore in March 2025. Total income also rose from Rs 167,311 Crore in March 2021 to Rs 259,286 Crore in March 2025. Total expenditure increased from Rs 122,914 Crore to Rs 193,159 Crore over the same period. Earnings Before Interest and Taxes (EBIT) grew from Rs 44,397 Crore to Rs 66,127 Crore. Net profit also increased, from Rs 32,562 Crore in March 2021 to Rs 48,797 Crore in March 2025.
Consolidated Income Statement (Quarterly):
| Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | |
|---|---|---|---|---|---|
| Sales | Rs 63,437 Crore | Rs 64,479 Crore | Rs 63,973 Crore | Rs 64,259 Crore | Rs 62,613 Crore |
| Other Income | Rs 1,660 Crore | Rs 1,028 Crore | Rs 1,243 Crore | Rs 729 Crore | Rs 962 Crore |
| Total Income | Rs 65,097 Crore | Rs 65,507 Crore | Rs 65,216 Crore | Rs 64,988 Crore | Rs 63,575 Crore |
| Total Expenditure | Rs 47,923 Crore | Rs 48,878 Crore | Rs 48,316 Crore | Rs 48,794 Crore | Rs 47,171 Crore |
| EBIT | Rs 17,174 Crore | Rs 16,629 Crore | Rs 16,900 Crore | Rs 16,194 Crore | Rs 16,404 Crore |
| Interest | Rs 195 Crore | Rs 227 Crore | Rs 234 Crore | Rs 162 Crore | Rs 173 Crore |
| Tax | Rs 4,160 Crore | Rs 4,109 Crore | Rs 4,222 Crore | Rs 4,077 Crore | Rs 4,126 Crore |
| Net Profit | Rs 12,819 Crore | Rs 12,293 Crore | Rs 12,444 Crore | Rs 11,955 Crore | Rs 12,105 Crore |
The consolidated quarterly income statement shows the financial performance of Tata Consultancy Services over the last five quarters. Sales have remained relatively stable, fluctuating between Rs 62,613 Crore and Rs 64,479 Crore. Total income has also been consistent, ranging from Rs 63,575 Crore to Rs 65,507 Crore. Total expenditure has remained in a narrow range, from Rs 47,171 Crore to Rs 48,878 Crore. Earnings Before Interest and Taxes (EBIT) have varied between Rs 16,194 Crore and Rs 17,174 Crore. Net profit has seen some fluctuation, with the lowest being Rs 11,955 Crore and the highest at Rs 12,819 Crore.
Cash Flow:
| Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | |
|---|---|---|---|---|---|
| Operating Activities | Rs 48,908 Crore | Rs 44,338 Crore | Rs 41,965 Crore | Rs 39,949 Crore | Rs 38,802 Crore |
| Investing Activities | Rs -2,318 Crore | Rs 6,026 Crore | Rs 39 Crore | Rs -897 Crore | Rs -8,129 Crore |
| Financing Activities | Rs -47,438 Crore | Rs -48,536 Crore | Rs -47,878 Crore | Rs -33,581 Crore | Rs -32,634 Crore |
| Others | Rs 174 Crore | Rs 65 Crore | Rs 509 Crore | Rs 159 Crore | Rs 173 Crore |
| Net Cash Flow | Rs -674 Crore | Rs 1,893 Crore | Rs -5,365 Crore | Rs 5,630 Crore | Rs -1,788 Crore |
The cash flow statement provides insights into the cash inflows and outflows of Tata Consultancy Services. Cash flow from operating activities has generally increased over the years, from Rs 38,802 Crore in March 2021 to Rs 48,908 Crore in March 2025. Investing activities have fluctuated, with significant outflows in some years and inflows in others. Financing activities have consistently shown net outflows, indicating that the company has been primarily engaged in repaying debt or distributing dividends. The net cash flow has varied, with both positive and negative values, reflecting the combined impact of the three activities.
Balance Sheet:
| Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | |
|---|---|---|---|---|---|
| Share Capital | Rs 362 Crore | Rs 362 Crore | Rs 366 Crore | Rs 366 Crore | Rs 370 Crore |
| Reserves & Surplus | Rs 94,394 Crore | Rs 90,127 Crore | Rs 90,058 Crore | Rs 88,773 Crore | Rs 86,063 Crore |
| Current Liabilities | Rs 53,001 Crore | Rs 46,104 Crore | Rs 43,558 Crore | Rs 42,351 Crore | Rs 34,155 Crore |
| Other Liabilities | Rs 11,872 Crore | Rs 9,856 Crore | Rs 9,669 Crore | Rs 10,024 Crore | Rs 10,171 Crore |
| Total Liabilities | Rs 159,629 Crore | Rs 146,449 Crore | Rs 143,651 Crore | Rs 141,514 Crore | Rs 130,759 Crore |
| Fixed Assets | Rs 22,739 Crore | Rs 19,336 Crore | Rs 19,891 Crore | Rs 20,716 Crore | Rs 20,149 Crore |
| Current Assets | Rs 123,012 Crore | Rs 112,984 Crore | Rs 110,270 Crore | Rs 108,310 Crore | Rs 99,280 Crore |
| Other Assets | Rs 13,878 Crore | Rs 14,129 Crore | Rs 13,490 Crore | Rs 12,488 Crore | Rs 11,330 Crore |
| Total Assets | Rs 159,629 Crore | Rs 146,449 Crore | Rs 143,651 Crore | Rs 141,514 Crore | Rs 130,759 Crore |
| Contingent Liabilities | Rs 4,009 Crore | Rs 3,419 Crore | Rs 2,388 Crore | Rs 2,298 Crore | Rs 1,821 Crore |
The balance sheet of Tata Consultancy Services provides a snapshot of the company's assets, liabilities, and equity. Share capital has remained relatively stable, while reserves and surplus have grown steadily over the years. Current liabilities have increased from Rs 34,155 Crore in March 2021 to Rs 53,001 Crore in March 2025. Fixed assets have also seen a slight increase, while current assets have grown from Rs 99,280 Crore to Rs 123,012 Crore during the same period. Total assets have increased from Rs 130,759 Crore to Rs 159,629 Crore.
Financial Ratios:
| Ratio | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|
| Basic EPS (Rs.) | 134.19 | 125.88 | 115.19 | 103.62 | 86.71 |
| Diluted Eps (Rs.) | 134.19 | 125.88 | 115.19 | 103.62 | 86.71 |
| Book Value /Share (Rs.) | 261.76 | 252.26 | 249.20 | 245.48 | 235.43 |
| Dividend/Share (Rs.) | 126.00 | 73.00 | 115.00 | 43.00 | 38.00 |
| Face Value | 1 | 1 | 1 | 1 | 1 |
| Gross Profit Margin (%) | 27.95 | 28.52 | 27.81 | 29.76 | 30.26 |
| Operating Margin (%) | 25.89 | 26.45 | 25.58 | 27.36 | 27.78 |
| Net Profit Margin (%) | 19.11 | 19.13 | 18.76 | 20.05 | 19.83 |
| Return on Equity (%) | 51.24 | 50.73 | 46.61 | 42.99 | 37.52 |
| ROCE (%) | 62.01 | 63.51 | 57.63 | 52.91 | 47.21 |
| Return On Assets (%) | 30.41 | 31.34 | 29.33 | 27.08 | 24.80 |
| Current Ratio (X) | 2.32 | 2.45 | 2.53 | 2.56 | 2.91 |
| Quick Ratio (X) | 2.32 | 2.45 | 2.53 | 2.56 | 2.91 |
| Debt to Equity (x) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest Coverage Ratios (X) | 89.66 | 88.33 | 80.50 | 72.80 | 77.99 |
| Asset Turnover Ratio (%) | 1.67 | 1.66 | 1.58 | 1.41 | 1.18 |
| Inventory Turnover Ratio (X) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| 3 Yr CAGR Sales (%) | 15.39 | 21.13 | 19.85 | 14.42 | 15.48 |
| 3 Yr CAGR Net Profit (%) | 12.66 | 18.98 | 14.18 | 10.37 | 12.17 |
| P/E (x) | 26.87 | 30.79 | 27.83 | 36.09 | 36.65 |
| P/B (x) | 13.77 | 15.54 | 12.98 | 15.35 | 13.60 |
| EV/EBITDA (x) | 18.08 | 20.28 | 18.55 | 23.67 | 23.49 |
| P/S (x) | 5.11 | 5.84 | 5.20 | 7.14 | 7.16 |
Tata Consultancy Services shows an improving trend in key profitability ratios. The Return on Equity (ROE) has increased from 37.52% in March 2021 to 51.24% in March 2025. The Return on Capital Employed (ROCE) has risen from 47.21% to 62.01% over the same period. The Net Profit Margin also exhibited growth, increasing from 19.83% to 19.11%. The company maintained a Debt to Equity ratio of 0.00. Valuation ratios indicate a P/E ratio of 26.87 and a P/B ratio of 13.77 as of March 2025.
Tata Consultancy Services announced several corporate actions. The company announced an interim dividend of Rs.11.00 per share (1100%) on June 27, 2025, with an effective date of July 16, 2025. A final dividend of Rs.30.00 per share (3000%) was announced on April 11, 2025, effective June 4, 2025. Additionally, a special dividend of Rs.66.00 per share (6600%) was announced on January 9, 2025, effective January 17, 2025. The company also had bonus issues in the past, with the last one being announced on April 19, 2018, in the ratio of 1:1.
Shares of Tata Consultancy Services are included as one of the stocks in the benchmark Nifty 50 index.
With the stock currently trading at Rs 3,042.20, Tata Consultancy Services has shown a marginal increase compared to its previous close.
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