NSE: TCS | BSE: 532540

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3044.80 -8.80 (-0.29%)

New 52W Low today

2.3M NSE+BSE Volume

NSE 31 Jul, 2025 2:36 PM (IST)

1,101,635.3

Market Cap

Market Leader

0.9

Beta 1Year

Low volatility

Workforce Reduction

TCS announces plans to lay off 12,000 employees in FY26 amid restructuring efforts to remain agile See details

Tata Consultancy Services Ltd. share price target and research reports

Latest analyst research reports with target prices and PDF download for TCS, BSE:532540 Tata Consultancy Services Ltd.

Tata Consultancy Services Ltd.

17 Jul 2017

3044.80

-0.29%

Tata Consultancy Services

Results Update: Tata Consultancy Services ...

SMC online

Tata Consultancy Services (TCS) reported results for the quarter ended June 30 which was largely below consensus estimates. Sequentially TCS registered marginal fall in sales at Rs 29584 crore against Rs 29642 crore for the quarter ended June 2017. OPM fell 240 basis points from 27.4% to 25.1% which saw OP fall 9% to Rs 7413 crore. OPM declined around 240 bps qoq, due to wage revision (which impacted it by around 150 bps) and adverse currency movements (INR appreciation against USD). Other income fell 4% to Rs 959 crore and interest cost grew from Rs 8 crore to Rs 27 crore. After providing for depreciation (down 1% to Rs 499 crore), PBT fell 9% to Rs 7846 crore. Provision...

Tata Consultancy Services Ltd. is trading below all available SMAs

Tata Consultancy Services Ltd.

14 Jul 2017

3044.80

-0.29%

Tata Consultancy Services (1QFY18): Restructuring in progress. Maintain NEUTRAL

Neutral: Tata Consultancy Services ...

HDFC Securities

We slightly lower earnings estimate (-1.8/-1.5% for FY18/19E) on margin moderation (-40bps) and factored revenue growth of 8.3/8.6% and EBIT% at 24.9/25% for FY18/19E. With revenue/EPS CAGR at 8.5/5% over FY17-19E, maintain NEUTRAL with TP of Rs 2,500, 17x FY19E. TCS volume-led (3.5% QoQ) revenue growth was in-line at 2% CC QoQ, even as core geography (NorthAm) and core verticals continued to underperform the other segments. Growth in 1Q was impacted by completion of short-duration projects and inadequate refill as represented by decline in regional-markets vertical (17.6% of revenue and -3.6% CC decline). EBIT margin declined 230bps to 23.4%, consequent to wage hike (-150bps impact) and INR appreciation (-80bps impact).

Tata Consultancy Services Ltd. is trading below all available SMAs

Tata Consultancy Services Ltd.

14 Jul 2017

3044.80

-0.29%

Tata Consultancy Services

Hold: Tata Consultancy Services ...

ICICI Securities Limited

IndusInd maintained its healthy operational performance with credit up 24% YoY to | 116407 crore, deposit traction at 31% YoY (led by savings balances), CASA ratio improving 90 bps QoQ to 37.8%, strong margin of 4% being maintained in last four to five quarters PAT increased 26.5% YoY to | 837 crore led by NII increase of 30.8% YoY to | 1774 crore and healthy other income growth of 20% YoY to | 1167 crore (core fee income rose by 25% YoY) Asset quality saw some pressure but was at acceptable levels. GNPA...

Tata Consultancy Services Ltd. has lost -25.74% in the last 6 Months

Tata Consultancy Services Ltd.

14 Jul 2017

3044.80

-0.29%

TCS - Result Update

Sell: Tata Consultancy Services ...

Reliance Securities

Revenue in Line, But Margins at 9-Year Low Tata Consultancy Services has delivered largely an in-line performance in 1QFY18 with its USD revenue growing by 3.1% QoQ (+2% QoQ in CC terms). While volume grew by 3.5% QoQ, CC pricing declined by 1.5% QoQ. EBIT margin declined steeply by 236bps QoQ, which was well below our estimate by 74bps, which led net profit to decline by 10% QoQ to Rs59.45bn (7.8% below our estimate). From vertical perspective, the key BFSI vertical grew in-line with company average by 3.1% QoQ, while Communication & Media grew by 4.6%, Manufacturing 4.5%, Technology & Services 4.4%, Life Sciences & Healthcare 6.1%, Travel & Hospitality 6.2% and...

Tata Consultancy Services Ltd. has lost -25.74% in the last 6 Months

Tata Consultancy Services Ltd.

14 Jul 2017

3044.80

-0.29%

Result Review of Tata Consultancy Services

Hold: Tata Consultancy Services ...

IDBI Capital

As regards verticals, all except its newly formed Regional markets & other grew at of higher than the company growth in CC. TCS secured 11 large deals with higher share in BFSI (4 deals). The no. of US$100mn+ clients increased by 1 QoQ to 36. EBIT margin misses again; TCS maintain CC range of 26%-28% for the long term Q1FY18 EBIT margin declined by 236bps QoQ (vs. our forecast of 149bps) to 23.4% impacted by salary increase (-150bps) and INR appreciation (-80 bps). EPS of Rs30.4 was -9.4%/-5.2% QoQ/YoY and ~2% lower than our forecast. Maintain HOLD and TP of Rs2,440 based on 16x FY19E...

Geojit BNP Paribas increased Buy price target of Tata Consultancy Services Ltd. to 3691.0 on 15 Jul, 2025.

Tata Consultancy Services Ltd.

24 Apr 2017

3044.80

-0.29%

Result Updates

Buy: Tata Consultancy Services ...

Target

Angel Broking

For 4QFY2017, TCS posted revenue of US$4,452mn v/s US$4,470mn expected, with 1.5% qoq growth mostly volume led, which was 1.7% qoq. Revenue in Constant Currency (CC) terms came in at 1.0% qoq. In Rupee terms, revenues de-grew by 0.3% qoq to Rs29,642cr v/s Rs29,996cr expected, led by Rupee appreciation. On the operating front, EBIT came in..

Tata Consultancy Services Ltd. has lost -30.25% in the last 1 Year

Tata Consultancy Services Ltd.

20 Apr 2017

3044.80

-0.29%

TCS Ltd Q4FY17 results comment

Results Update: Tata Consultancy Services ...

HDFC Securities

Revenue decreased by 0.31% to Rs. 29642.0 Cr in Q4FY17 when compared to the previous quarter.

Tata Consultancy Services Ltd. has lost -25.74% in the last 6 Months

Tata Consultancy Services Ltd.

20 Apr 2017

3044.80

-0.29%

TCS - 4QFY17 Result Update

Sell: Tata Consultancy Services ...

Reliance Securities

higher than our estimate), while net profit declined by 2.6% QoQ (1.7% below our estimate). Vertical-wise, BFSI clocked flattish revenue owing to cyclicality, while Retail faced disruption (similar commentary as Infosys) with revenue declining by 1.2% QoQ. Communications & Media...

Number of FII/FPI investors decreased from 1797 to 1728 in Jun 2025 qtr

Tata Consultancy Services Ltd.

19 Apr 2017

3044.80

-0.29%

Tata Consultancy Services (4QFY17): Absence of secular growth. Maintain NEUTRAL

Neutral: Tata Consultancy Services ...

Target

HDFC Securities

4Q was marked by skewed growth across services and geographies, and visible challenges in the core geo and core verticals (BFSI, Retail). Additionally, the margin outlook (26-28% EBIT %) also comes with its downside risks (largely currency-related). Structural headwinds (including a shorter contract duration) in TCS? BFSI and Retail & CPG verticals (53% of revenue) are reflecting in its underperformance vs INFY, which also has higher non-linearity.

Geojit BNP Paribas increased Buy price target of Tata Consultancy Services Ltd. to 3691.0 on 15 Jul, 2025.

Is Tata Consultancy Services Ltd. worth buying?

2378 Votes:

Buy 73.04%

Sell 13.96%

Hold 12.99%

RESEARCH REPORTS

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Buy SEE REPORTS >

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