TCS · Tata Consultancy Services Ltd · Software & Programming
TCS · Tata Consultancy Services Ltd · Software & Programming
As of 05 Nov close
52-week range
25.5% below 52-week high
52-week range: as of 05 Nov 2026 close.
Price chartDaily closes on the stock page.
Weighted combination of 8 measured readings. Not a probability, a rating or a forecast.
Stock Condition as of 05 Nov 2026 close
Slowest input: promoter pledge (disclosed quarterly), as of 18 Jul 2026
Fundamentals as of 16 Oct 2026
Revenue (latest Q)
₹73,188 Cr
Revenue YoY
PAT YoY
+15.0%
Operating margin
Revenue, last 8 quarters
P/E (TTM)
P/B
8.2
P/S (TTM)
3.1
Sector P/E
23.5
Dividend yield
+2.8%
| Company | P/E | P/B | Net margin | ROE | D/E | Div. yield |
|---|---|---|---|---|---|---|
| TCS (this stock) | 14.8 | 8.2 | +18.2% | +43.4% | 0.1 | +2.8% |
| Infosys * | 13.5 | 6.1 | +16.4% | +33.2% | 0.1 | +4.6% |
| HCL Technologies * | 16.7 | 7.4 | +13.0% | +23.2% | 0.07 | +5.0% |
| Tech Mahindra * | 24.2 | 8.1 | +8.7% | +17.3% | 0.07 | +3.3% |
* Net margin, ROE, D/E and dividend yield for these companies come from RedixFi fundamentals; the data vendor had no values for them.
Promoter
stable
FII
falling 2q
MF
5.68% (-0.09pp)
falling 1q
Insider trades
No insider trades in the last 12 months.
Bulk/block deals
No bulk/block deals in the last 12 months.
News timeline
- mediumrediff.com· 04 Nov 2026, 05:13 pmFestive cheer on D-Street: Sensex rallies for 5th day on foreign fund inflows, easing crude oil prices
- lowrediff.com· 30 Oct 2026, 10:27 amStock Markets Today: Sensex, Nifty Up on Gains in IT Stocks
- lowthehindu.com· 30 Oct 2026, 10:18 amMarkets extend previous session's rally amid buying in IT firms, earnings-driven demand in Trent
- mediummacrothehindu.com· 28 Oct 2026, 05:01 pmSensex declines 353 points, dragged by Reliance, IT stocks, rising crude oil prices
- mediumthehindu.com· 28 Oct 2026, 11:10 amSensex drops over 600 points dragged by IT stocks, rising crude oil prices
- mediumrediff.com· 28 Oct 2026, 10:02 amStock Markets Today: Sensex, Nifty Tumble as IT Stocks, Crude Prices Weigh
- lowbusiness-standard.com· 27 Oct 2026, 11:38 pmSensex, Nifty close largely unchanged amid selling in bank & IT stocks, elevated crude oil prices
- lowthehindu.com· 27 Oct 2026, 05:03 pmStock markets end largely unchanged amid elevated crude oil prices, selling in bank stocks
- mediumthehindu.com· 27 Oct 2026, 11:20 amStock markets fall in early trade on Tuesday amid elevated crude oil prices and IT selling
- mediumrediff.com· 27 Oct 2026, 10:47 amStock Markets Today: Sensex, Nifty Dip on High Crude Prices, IT Sector Woes
- mediumtimesofindia.indiatimes.com· 25 Oct 2026, 03:06 pmMarket recap: Eight of top 10 firms lose Rs 1.55 lakh crore; HDFC Bank, Bajaj Finance take biggest hit
- mediumthehindubusinessline.com· 25 Oct 2026, 02:41 pmMcap of eight of the top-10 firms erodes by ₹1.55 lakh cr; HDFC Bank, Bajaj Fin biggest laggards
- lowthehindubusinessline.com· 24 Oct 2026, 09:53 pmBandu’s Blockbusters for October 25, 2026
- highrediff.com· 23 Oct 2026, 05:02 pmIndian Equities Fall for Fourth Day as West Asia Tensions Drive Oil Prices Higher
- mediumbusiness-standard.com· 23 Oct 2026, 12:35 pmTCS share price surges 28% in October, hits over 7-month high; here's why
- mediummacrorediff.com· 22 Oct 2026, 04:49 pmSensex, Nifty extend losses as West Asia tensions fuel oil price surge
- lowrediff.com· 19 Oct 2026, 10:51 amStock Markets Today: Sensex, Nifty Down in Volatile Trade
- lowthehindubusinessline.com· 18 Oct 2026, 12:29 pmMarket cap of 9 top firms surges ₹3.65 lakh crore; TCS leads gains
- lowrediff.com· 16 Oct 2026, 04:52 pmIndian Equities Extend Gains, IT Sector Leads Rally on Strong Earnings
- loweconomictimes.indiatimes.com· 16 Oct 2026, 05:29 amIT stocks power Dalal Street rally as global AI trade loses steam
Concalls & investor presentations
AI-generatedKey takeaway: The earnings conference call for Tata Consultancy Services Limited (TCS) on July 9, 2026, discussed the company's financial results for Q1 FY2027. Management reported a revenue of ₹72,275 crore, reflecting a 2.2% sequential growth and 13.9% year-on-year growth, marking the fourth consecutive quarter of growth. Key drivers included strong performance in BFSI, technology, and AI services, with AI revenue reaching $2.6 billion in annualized terms. The company secured a total contract value (TCV) of $9.5 billion, including significant AI-led deals. Operating margins were reported at 24%, down 130 basis points due to wage hikes. Management emphasized ongoing investments in AI capabilities and partnerships, while also addressing macroeconomic challenges. The call concluded with management expressing confidence in TCS's positioning for future growth as client spending normalizes and AI adoption increases.
Management highlighted growth momentum and strong performance in key areas despite macroeconomic challenges.
Sourced from an exchange-filed transcript, dated 15 Jul 2026. Summary is RedixFi-generated and distinct from investment advice.
Key takeaway: The earnings conference call for Tata Consultancy Services Limited (TCS) on April 9, 2026, highlighted several key points regarding the company's performance for Q4 and FY26. Management reported a sequential revenue growth of 1.2% in constant currency for Q4, marking the third consecutive quarter of growth, with a total contract value (TCV) of $12 billion, including three mega deals. Client metrics showed healthy additions across revenue bands, indicating a return to stability. TCS announced annual salary increments for eligible associates effective April 1, 2026. AI services revenue reached $2.3 billion on an annualized basis, reflecting strong demand. Despite a 2.4% decline in FY26 revenue in constant currency, TCS maintained a high operating margin of 25%. Management emphasized the importance of their five-pillar strategy and ongoing investments in AI and infrastructure to drive future growth.
Management emphasized strong growth momentum and strategic investments.
Sourced from an exchange-filed transcript, dated 14 Apr 2026. Summary is RedixFi-generated and distinct from investment advice.
AI Summary of Annual Report
AI-generatedTata Consultancy Services Limited (TCS) reported no significant audit issues, defaults, or regulatory penalties in FY2025-26. The statutory auditors and secretarial auditors did not report any fraud, and the Company’s internal controls were deemed adequate. No material orders or insolvency proceedings were noted. The Company maintained compliance with statutory requirements, including tax and labor laws, though some disputes over tax dues are pending. The Board’s Report highlighted risk management frameworks and governance structures, with no major governance issues identified. TCS emphasized its focus on AI and digital transformation as key business developments.
- No fraud reported by statutory or secretarial auditors.
- Internal financial controls deemed adequate by auditors.
- No material orders or insolvency proceedings against the Company.
- Pending tax disputes, but no defaults or regulatory penalties noted.
- Focus on AI and digital transformation as key business developments.
Key takeaway: TCS maintained strong compliance and governance in FY2025-26, with no major defaults or regulatory issues, while focusing on AI-driven growth and managing pending tax disputes.
The following annual report excerpts provide qualitative strategic context. Do not treat any specific financial figures in these excerpts as authoritative — they may be incorrectly labeled due to PDF table extraction limitations. For precise financial data, refer to the structured fundamentals data above.
Governance disclosures
AI-generatedNeeds attention
Default / Covenant Breach (1 item)
Items of these kinds are disclosed in the filings. This is a count of disclosed items. It is not a finding about the company and its cause has not been independently established.
Default / Covenant Breach
1 occurrenceOlder (3+ years ago)
The company has undisputed statutory dues in arrears for more than six months as of 31 March 2022, specifically under the Income-tax Act, 1961 for assessment years 2007-08, 2011-12, 2017-18, 2018-19, and 2006-07, 2015-16, with disputes pending before the Commissioner of Income-tax (Appeals).
Routine disclosures
Contingent Liability
4 occurrencesRecent (last 12 months)
The Company and its subsidiaries have ongoing disputes with income tax authorities in India and other jurisdictions regarding tax treatment of expenses, tax incentives, and fees for services, resulting in contingent liabilities from tax demands.
Earlier (1-3 years ago)
The Company has contingent liabilities of ₹1,073 crore and ₹1,871 crore as at March 31, 2025 and 2024, respectively, related to ongoing disputes with income tax authorities in India and other jurisdictions.
Tata Consultancy Services Limited has contingent liabilities of ₹1,871 crore and ₹1,542 crore as at March 31, 2024 and 2023, respectively, related to ongoing disputes with income tax authorities in India and other jurisdictions.
Older (3+ years ago)
The company has recognised contingent liabilities of ₹1,652 crore and ₹955 crore as at March 31, 2022 and 2021, respectively, related to tax disputes with authorities in India and other jurisdictions. The company is contesting these demands and is entitled to indemnification of ₹318 crore and ₹318 crore for TCS e-Serve Limited tax contingencies.
Related-Party Transaction
3 occurrencesRecent (last 12 months)
The company has material related party transactions with entities such as Jaguar Land Rover Limited, Tata Steel IJmuiden BV, Tejas Networks Limited, and Tata Realty and Infrastructure Limited, involving revenue from operations, purchases of goods and services, contributions to post-employment benefit plans, inter-corporate deposits, and acquisition of assets.
Earlier (1-3 years ago)
The company seeks approval for material related party transactions with Tata Capital Limited during the financial year 2025-26, with an aggregate value not exceeding a specified amount.
The company has material related party transactions, including revenue from Jaguar Land Rover Limited, Tata Steel IJmuiden BV, Tata Digital Private Limited, and purchases from Tejas Networks Limited, with advances given to Tejas Networks Limited.
Statutory dues in dispute
3 occurrencesRecent (last 12 months)
The company has statutory dues under the Income Tax Act and Goods and Services Tax Act, with amounts of 1,516 crores and 72 crores respectively, pending in disputes before various tax authorities.
Earlier (1-3 years ago)
The company has undisputed statutory dues including GST, PF, ESIC, Income-Tax, Customs Duty, or Cess regularly deposited. However, there are disputes over Income Tax for assessment years 2011-12, 2016-17, 2018-19, 2021-22, and 2006-07, with amounts totaling 1,461 crores, pending before the Commissioner of Income Tax and Income Tax Appellate Tribunal.
The company has undisputed statutory dues of income tax and sales tax/VAT amounting to INR 2,112 crores and INR 193 crores respectively, which are in dispute and pending before various tax authorities for multiple assessment years.
Promoter Share Pledge
1 occurrenceRecent (last 12 months)
0.55% of promoter holding pledged (quarter 2026-Q3 as of 2026-07-18).