TCS Closes FY 22 with Highest Ever Incremental Revenue Addition and All-time High Order Book Tata Consultancy Services IT Consulting & Software announced Q4FY22 results: Highest Ever Order Book TCV: $11.3 Bn in Q4; $34.6 Bn in FY 22 Highest Ever Incremental Revenue in a Year: $3.533 Bn Q4 Revenue Rs 50,591 crore, +15.8% (CC: +14.3%) FY 22 Revenue Rs 191,754 crore, +16.8% (CC: +15.4%) Industry-leading Operating Margin: 25.3% in FY 22 FY 22 Net Income at Rs 38,327 crore, +14.8%* YoY FY 2021-22: Other Annual Highlights Client metrics: Added 10 clients in the $100 Mn+ bucket, 19 in the $50 Mn+ bucket, 40 in the $20 Mn+ bucket and 52 in the $10Mn+ bucket Employee Metrics: Net Addition: 103,546 employees Employee Headcount: 592,195 Diversity: 153 nationalities; 35.6% women IT Services Attrition (LTM): 17.4% Talent Development: 3.5 million digital competencies acquired Number of Contextual Masters crosses 50,000 mark Free Cash Flow: Rs 39,181 Cr Rs 31,424 Cr of cash returned to shareholders through buybacks and dividends Operating Margin: 25%; Net Margin: 19.6% Net Income: Rs 9,926 Cr, +7.4% YoY Strong Cash conversion: Operating Cash Flow 111.3% of Net Income Net Addition: 35,209 employees, highest ever in a quarter Final Dividend per share (proposed): Rs 22 Top Employer Brand Recognized as 2022 Global Top Employer for the seventh year in a row by the Top Employers Institute Ranked #1 in India Top Company by LinkedIn, #11 in Australia and #19 in Netherlands, among the best workplaces for career growth Ranked #3 in the BT-Taggd survey of the Best Companies to Work For in India Rajesh Gopinathan, Chief Executive Officer and Managing Director, said: “We are closing FY 22 on a strong note, with mid-teen growth and adding the maximum incremental revenue ever. Increasing participation in our customers’ growth and transformation journeys, and an all-time high order book provide a strong and sustainable foundation for continued growth ahead.” N Ganapathy Subramaniam, Chief Operating Officer and Executive Director, said: “It is immensely satisfying to close the year with robust, broad-based growth, industry-leading margins and the highest ever order book. During the year, we took on technologically challenging, industry-first transformational programs and brought to bear the full power of TCS’ capabilities and that of our partner ecosystem, to successfully deliver market-changing outcomes. Our continued investments in building newer capabilities, our passion for innovation, our contextual knowledge and most importantly, our self-belief have been key to this, and these position us very well for continued success ahead.” Result PDF
Conference Call with Tata Consultancy Services Management and Analysts on Q4FY22 Performance and Outlook. Listen to the full earnings transcript.