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Fundamentals scanner

Every ratio from the Fundamental Analysis track, computed on a real company and annotated with what the number actually means. Then the three financial statements, so you can do the cash-flow check yourself.

Tata Consultancy Services

TechnologyBullish
Market cap
P/E
17.2x
ROE
47.7%
Debt / equity
0.10

What the company does

Tata Consultancy Services Limited provides information technology (IT) and IT enabled services. It offers TCS ADD, a suite of AI powered life sciences platforms; TCS BaNCS, a financial services platform; TCS BFSI Platforms, a cloud-native, subscription-based as-a-service digital ecosystem for insurers and financial firms; TCS Chroma, a cloud-based AI-led hire-to-retire modular platform; TCS Customer Intelligence & Insights, an AI-powered, real-time customer data analytics solution; TCS ERP on Cloud, SAP transformation with AI-powered smart solutions; ignio, a cognitive automation software product; TCS iON, a learning ecosystem; and TCS HOBS, a cloud-native, catalog-centric platform with composable architecture and insights-led personalization capabilities. It also offers TCS Intelligent Urban Exchange for enterprises and smart cities; TCS OmniStore, a retail commerce platform; TCS Optumera, a strategic intelligence platform; TCS Tap, a platform for intelligent procurement; Quartz, a distributed ledger technology; TCS TwinX, a risk-free experimentation platform; TCS MasterCraft, an AI-driven cognitive automation product; Jile, an enterprise agile planning and delivery tool; TCS DigiBOLT, an end-to-end, organization-wide enterprise platform; and TCS AI WisdomNext, an enterprise grade GenAI platform. In addition, the company provides AI, data and analytics, cloud, cognitive business, consulting, cybersecurity, enterprise solutions, industrial autonomy and engineering, network solutions and services, TCS interactive, and sustainability services. It serves banking; capital markets; consumer packaged goods and distribution; communications, media, and information services; education; energy, resources, and utilities; healthcare; high tech; insurance; life sciences; manufacturing; public services; retail; and travel and logistics industries. The company was founded in 1968 and is based in Mumbai, India. The company operates as a subsidiary of Tata Sons Private Limited.

Industry: Information Technology ServicesEmployees: 5,84,519Beta: 0.16

Valuation — what you are paying

How the price compares to earnings, assets and cash generation.

  • P/E (trailing)17.2xStrong

    You are paying 17.2 years of current profit for each share. The earnings yield is 5.8%.

  • P/B (price to book)7.8xFair

    The market values the company at 7.8× its accounting net worth. High is normal for asset-light businesses and unusual for banks.

  • EV / EBITDA11.4xStrong

    This is the only common multiple that accounts for debt — it is what an actual acquirer would look at, because they would inherit the borrowings.

  • Dividend yield2.75%Strong

    Pays 2.75% of the current price out each year. Remember that yield rises when price falls — check the dividend is covered by cash flow.

Profitability — is this a good business?

Returns on capital and margins, the numerical shadow of a moat.

  • Return on equity47.7%Strong

    Earns ₹47.7 of profit a year for every ₹100 of shareholders' money. Always check how much of this comes from leverage rather than the business.

  • Return on assets24.5%Strong

    ROE is 23.3 points above ROA — a large gap, meaning leverage is doing much of the work.

  • Operating margin24.0%Strong

    Keeps ₹24.0 of operating profit from every ₹100 of sales. Compare only against companies in the same industry.

  • Net margin18.1%Strong

    Sustained high net margins are evidence that something is stopping competitors from competing the profits away.

Financial strength — can it survive a bad year?

Leverage and liquidity. This is where fragility shows up first.

  • Debt to equity0.10Strong

    A conservative balance sheet that can absorb a downturn without a crisis.

  • Current ratio2.28Strong

    Short-term obligations are comfortably covered by short-term assets.

  • Total debt₹11309.00 CrNo data

    Against cash of ₹45031.00 Cr. Net debt is what matters, not gross borrowings.

  • Free cash flow₹39716.50 CrStrong

    Generates cash after paying for the capital spending needed to keep running. This is the money genuinely available to owners.

Growth — is it getting bigger?

Revenue and earnings momentum, and how the two compare.

  • Revenue growth (yoy)+13.9%Fair

    Ask where the growth came from: more volume, higher prices, or an acquisition. They are very different in quality.

  • Earnings growth (yoy)+4.6%Fair

    Profits are growing slower than sales, meaning margins are compressing. The company may be buying its growth.

  • Revenue (TTM)₹2,75,859 CrNo data

    EBITDA of ₹72069.00 Cr and operating cash flow of ₹52346.00 Cr.

  • PEG ratio3.09Weak

    P/E divided by expected growth. Only as reliable as that growth forecast, which is usually optimistic.

How to read this page. The grades are simple heuristics applied to standard thresholds — they take no account of industry norms, business cycle position, or accounting policy. A bank will always look over-leveraged by these rules, and a cyclical will look cheap at the top of its cycle. Use them as prompts to investigate, never as conclusions.