Tata Consultancy Services Ltd Stock/Share Price, Latest BSE/NSE Tata Consultancy Services Ltd Financial Summary at www.indiainfoline.com

Y/e 31 Mar	Mar-2021	Mar-2020	Mar-2019	Mar-2018
Growth matrix (%)
Revenue growth	4.61	7.16	19	4.36
Op profit growth	10.50	6.59	21.50	0.63
EBIT growth	5.66	3.38	22.30	(1.20)
Net profit growth	0.28	2.76	21.90	(1.80)
Profitability ratios (%)
OPM	28.40	26.80	27	26.40
EBIT margin	27.80	27.50	28.50	27.70
Net profit margin	19.80	20.60	21.50	21
RoCE	47.90	46.60	46.90	39
RoNW	9.51	9.32	9.01	7.54
RoA	8.52	8.72	8.84	7.38
Per share ratios ()
EPS	88	86.50	84.20	136
Dividend per share	38	73	30	50
Cash EPS	76.70	76.80	78.40	124
Book value per share	234	224	238	445
Valuation ratios
P/E	36.10	21.10	23.80	10.50
P/CEPS	41.40	23.70	25.50	11.50
P/B	13.60	8.13	8.39	3.20
EV/EBIDTA	23.60	14.60	16.80	14.90
Payout (%)
Dividend payout	--	17.70	4.25	42.60
Tax payout	(25)	(23)	(24)	(24)
Liquidity ratios
Debtor days	67.40	67.30	65.20	70.50
Inventory days	0.01	0.02	0.04	0.07
Creditor days	(24)	(22)	(20)	(21)
Leverage ratios
Interest coverage	(72)	(47)	(211)	(657)
Net debt / equity	--	--	(0.10)	(0.10)
Net debt / op. profit	--	--	(0.30)	(0.20)
Cost breakup ()
Material costs	--	--	(1.50)	(2.20)
Employee costs	(56)	(55)	(53)	(54)
Other costs	(16)	(18)	(18)	(17)

Y/e 31 Mar( In .Cr)	Mar-2021	Mar-2020	Mar-2019	Mar-2018
Revenue	164,177	156,949	146,463	123,104
yoy growth (%)	4.61	7.16	19	4.36
Raw materials	(14)	(17)	(2,270)	(2,700)
As % of sales	0.01	0.01	1.55	2.19
Employee costs	(91,814)	(85,952)	(78,246)	(66,396)
As % of sales	55.90	54.80	53.40	53.90
Other costs	(25,803)	(28,871)	(26,441)	(21,492)
As % of sales	15.70	18.40	18.10	17.50
Operating profit	46,546	42,109	39,506	32,516
OPM	28.40	26.80	27	26.40
Depreciation	(4,065)	(3,529)	(2,056)	(2,014)
Interest expense	(637)	(924)	(198)	(52)
Other income	3,134	4,592	4,311	3,642
Profit before tax	44,978	42,248	41,563	34,092
Taxes	(11,198)	(9,801)	(10,001)	(8,212)
Tax rate	(25)	(23)	(24)	(24)
Minorities and other	(132)	(107)	(90)	(54)
Adj. profit	33,648	32,340	31,472	25,826
Exceptional items	(1,218)	--	--	--
Net profit	32,430	32,340	31,472	25,826
yoy growth (%)	0.28	2.76	21.90	(1.80)
NPM	19.80	20.60	21.50	21

Y/e 31 Mar ( In .Cr)	Mar-2021	Mar-2020	Mar-2018	Mar-2017
Revenue	135,963	131,306	97,356	92,693
yoy growth (%)	3.55	34.90	5.03	7.95
Raw materials	(15)	(18)	(2,006)	(1,758)
As % of sales	0.01	0.01	2.06	1.90
Employee costs	(69,046)	(64,906)	(51,499)	(48,116)
As % of sales	50.80	49.40	52.90	51.90
Other costs	(26,592)	(29,029)	(16,046)	(15,730)
As % of sales	19.60	22.10	16.50	17
Operating profit	40,310	37,353	27,805	27,089
OPM	29.60	28.40	28.60	29.20
Depreciation	(3,053)	(2,701)	(1,647)	(1,575)
Interest expense	(537)	(743)	(30)	(16)
Other income	5,400	8,082	5,803	4,568
Profit before tax	42,120	41,991	31,931	30,066
Taxes	(9,942)	(8,731)	(6,690)	(6,413)
Tax rate	(24)	(21)	(21)	(21)
Minorities and other	--	--	--	--
Adj. profit	32,178	33,260	25,241	23,653
Exceptional items	(1,218)	--	--	--
Net profit	30,960	33,260	25,241	23,653
yoy growth (%)	(6.90)	31.80	6.71	2.50
NPM	22.80	25.30	25.90	25.50

Y/e 31 Mar ( In .Cr)	Mar-2021	Mar-2020	Mar-2019	Mar-2018
Profit before tax	44,978	42,248	41,563	34,092
Depreciation	(4,065)	(3,529)	(2,056)	(2,014)
Tax paid	(11,198)	(9,801)	(10,001)	(8,212)
Working capital	28,113	26,397	22,068	1,643
Other operating items	--	--	--	--
Operating cashflow	57,828	55,315	51,574	25,509
Capital expenditure	29,427	24,993	11,389	8,837
Free cash flow	87,255	80,308	62,963	34,346
Equity raised	77,916	80,774	96,028	117,676
Investments	27,610	25,006	27,433	32,574
Debt financing/disposal	7,801	8,075	(125)	224
Dividends paid	--	--	--	9,571
Other items	--	--	--	--
Net in cash	200,583	194,162	186,299	194,393

Y/e 31 Mar ( In .Cr)	Mar-2021	Mar-2020	Mar-2019	Mar-2018
Equity capital	370	375	375	191
Preference capital	--	--	--	--
Reserves	86,063	83,751	89,071	84,937
Net worth	86,433	84,126	89,446	85,128
Minority interest
Debt	7,795	8,174	62	247
Deferred tax liabilities (net)	1,276	1,259	1,192	1,171
Total liabilities	96,179	94,182	91,153	86,948
Fixed assets	21,947	21,834	13,253	13,251
Intangible assets
Investments	29,373	26,356	29,330	36,008
Deferred tax asset (net)	4,440	3,308	2,806	3,450
Net working capital	31,090	33,018	32,916	27,078
Inventories	8	5	10	26
Inventory Days	0.02	0.01	0.02	0.08
Sundry debtors	30,079	30,532	27,346	24,943
Debtor days	66.90	71	68.10	74
Other current assets	36,092	29,678	29,500	21,458
Sundry creditors	(8,259)	(7,242)	(6,595)	(5,356)
Creditor days	18.40	16.80	16.40	15.90
Other current liabilities	(26,830)	(19,955)	(17,345)	(13,993)
Cash	9,329	9,666	12,848	7,161
Total assets	96,179	94,182	91,153	86,948

Select Period

Particulars ( Rupees In Crores.)	Jun-2021	Mar-2021	Dec-2020	Sep-2020	Jun-2020
Gross Sales	45,411	43,705	42,015	40,135	38,322
Excise Duty	--	--	--	--	--
Net Sales	45,411	43,705	42,015	40,135	38,322
Other Operating Income	--	--	--	--	--
Other Income	721	931	691	914	598
Total Income	46,132	44,636	42,706	41,049	38,920
Total Expenditure **	32,748	30,904	29,807	29,840	28,298
PBIDT	13,384	13,732	12,899	11,209	10,622
Interest	146	138	183	174	142
PBDT	13,238	13,594	12,716	11,035	10,480
Depreciation	1,075	1,067	1,024	998	976
Minority Interest Before NP	--	--	--	--	--
Tax	3,138	2,879	3,242	2,849	2,665
Deferred Tax	(6)	366	(277)	(316)	(210)
Reported Profit After Tax	9,031	9,282	8,727	7,504	7,049
Minority Interest After NP	23	36	26	29	41
Net Profit after Minority Interest	9,008	9,246	8,701	7,475	7,008
Extra-ordinary Items	--	--	--	(872)	--
Adjusted Profit After Extra-ordinary item	9,008	9,246	8,701	8,347	7,008
EPS (Unit Curr.)	24.40	25	23.20	19.90	18.70
Book Value (Unit Curr.)	--	--	--	--	--
Dividend (%)	700	1,500	600	1,200	500
Equity	370	370	375	375	375
Public Shareholding (Number)	--	--	--	--	--
Public Shareholding (%)	--	--	--	--	--
Pledged/Encumbered - No. of Shares	--	--	--	--	--
Pledged/Encumbered - % in Total Promoters Holding	--	--	--	--	--
Pledged/Encumbered - % in Total Equity	--	--	--	--	--
Non Encumbered - No. of Shares	--	--	--	--	--
Non Encumbered - % in Total Promoters Holding	--	--	--	--	--
Non Encumbered - % in Total Equity	--	--	--	--	--
PBIDTM(%)	29.50	31.40	30.70	27.90	27.70
PBDTM(%)	29.20	31.10	30.30	27.50	27.30
PATM(%)	19.90	21.20	20.80	18.70	18.40

QuickLinks for Tata Consultancy Services Ltd.

Y/e 31 Mar ( In .Cr)	Mar-2021	Mar-2020	Mar-2019	Mar-2018
Equity capital	370	375	375	191
Preference capital	--	--	--	--
Reserves	74,424	73,993	78,523	75,675
Net worth	74,794	74,368	78,898	75,866
Minority interest
Debt	5,077	5,262	39	225
Deferred tax liabilities (net)	873	830	488	424
Total liabilities	80,744	80,460	79,425	76,515
Fixed assets	16,920	16,903	10,495	10,678
Intangible assets
Investments	30,729	27,875	30,469	37,259
Deferred tax asset (net)	3,668	2,702	2,246	3,051
Net working capital	26,285	28,156	27,315	22,040
Inventories	7	5	10	25
Inventory Days	0.02	0.01	--	0.09
Sundry debtors	25,222	28,660	24,029	18,882
Debtor days	67.70	79.70	--	70.80
Other current assets	30,201	24,489	23,500	17,674
Sundry creditors	(8,309)	(9,117)	(7,949)	(5,020)
Creditor days	22.30	25.30	--	18.80
Other current liabilities	(20,836)	(15,881)	(12,275)	(9,521)
Cash	3,142	4,824	8,900	3,487
Total assets	80,744	80,460	79,425	76,515

Tata Consultancy Services Financial Statements