Tata Consultancy Services LimitedTCSCorporate

Technology Information Technology Services Latest results: Sep 2026 16 quarters of data
₹2,465.00
MCap ₹891,859 Cr · P/E 17.0
AI-assisted data: figures and text on this page are extracted from public quarterly filings with AI assistance, checked automatically and overseen by our editorial team (human in the loop). They may still contain errors or omissions. Verify critical numbers against official company / SEBI / NSE / BSE filings before making any decision. Educational information only, not financial advice.
₹60,441 Cr
Sales · Sep 2026
+10.8% YoY
₹16,395 Cr
Operating Profit · Sep 2026
+4.6% YoY
27.1%
OPM % · Sep 2026
-5.6% YoY
₹14,104 Cr
Net Profit · Sep 2026
+19.2% YoY
₹38.98
EPS · Sep 2026
+19.2% YoY

📝 Tata Consultancy Services Limited — results explained

Quarter ended September 2026 (Q2 FY27)

Tata Consultancy Services Limited reported revenue of ₹60,441 crore for the quarter ended September 2026 (Q2 FY27), up 10.8% from ₹54,531 crore in the same quarter last year, and up 1.5% sequentially over the June 2026 quarter.

Net profit rose 19.2% year-on-year to ₹14,104 crore, from ₹11,828 crore. Earnings per share (EPS) came in at ₹38.98.

Operating profit stood at ₹16,395 crore — an operating margin (OPM) of 27.1%, compared with 28.7% in the year-ago quarter.

Full year and trailing twelve months

For the full year FY26, Tata Consultancy Services Limited posted revenue of ₹220,938 crore, a growth of 2.8% over FY25, with a net profit of ₹49,096 crore (up 2.2% year-on-year).

On a trailing-twelve-month (TTM) basis, revenue stands at ₹233,613 crore with a net profit of ₹52,462 crore.

Valuation snapshot

At the current price of ₹2,465.00, TCS has a market capitalisation of ₹891,859 crore and a trailing P/E of about 17.0.

Within the Information Technology Services industry, it is the largest of the 19 companies we track by market value.

Shareholding pattern

As of Jun 2026, promoters held 71.77%, foreign institutional investors (FIIs) 9.06%, domestic institutional investors (DIIs) 13.47%, public shareholders 5.69% of Tata Consultancy Services Limited.

📈 Share price & events

📊 Quarterly trend

₹ crore · OPM % on right axis

🎯 Key metrics

price-linked ratios use the latest close
Valuation
Market Cap ?
₹891,859 Cr
Current Price ?
₹2,465.0
P/E ?
17.00below ind
Industry P/E ?
25.00
P/B ?
9.23
P/S ?
3.82
P/FCF ?
21.17
Enterprise Value ?
₹901,729 Cr
EV/EBITDA ?
14.01
PEG ?
1.70
Earnings Yield ?
6.7%
Dividend Yield ?
2.60%
Profitability & Returns
Sales (TTM) ?
₹233,613 Cr
OPM ?
27.5%
Profit after tax (TTM) ?
₹52,462 Cr
EPS (TTM) ?
₹145.00
ROCE ?
77.0%
ROE ?
54.3%
ROA ?
33.1%
Growth
Sales — latest qtr ?
₹60,441 Cr
PAT — latest qtr ?
₹14,104 Cr
YoY qtr sales growth ?
10.8%
YoY qtr profit growth ?
19.2%
Sales growth (3y) ?
5%
Sales growth (5y) ?
10%
Profit growth (3y) ?
10%
Profit growth (5y) ?
10%
Financial Health
Debt ?
₹9,870 Cr
Debt to Equity ?
0.10
Interest Coverage ?
51.6
Current Ratio ?
N/A
Ownership
Promoter holding ?
71.77%
Change in promoter holding ?
0.00%
Pledged percentage ?
N/A
Market
Return 3 months ?
8.6%
Return 6 months ?
-4.5%

🗓️ Quarterly results (16 quarters · ₹ Cr)

same fiscal quarter as Sep bestweakest per row · for costs (interest, NPAs) low is best
Metric Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Sep 2026 YoY % QoQ %
Sales 49,27549,78049,86250,16550,84451,48852,84453,99053,88354,13652,78854,53155,56758,05259,55360,441 +10.8% +1.5%
Operating Profit 13,51612,87013,13613,80214,36314,54614,57514,55814,72714,06914,75715,66815,69416,13016,13316,395 +4.6% +1.6%
Other Income 1,5581,4331,9031,7551,8091,8062,4173,1852,1181,9222,7031,7682,0493,5163,4063,049 +72.5% -10.5%
Interest 136250138134204197145146211201171203512238247206 +1.5% -16.6%
Depreciation 9961,0089699799649759691,0081,1251,1181,1031,1391,102944915962 -15.5% +5.1%
Profit Before Tax 13,94213,04513,93214,44414,04615,18015,87816,58915,50914,67216,18615,24412,91218,46417,70918,276 +19.9% +3.2%
Net Profit 10,6599,80010,48410,92910,75311,39312,11512,99411,83211,11612,55211,82810,19014,52613,64214,104 +19.2% +3.4%
EPS 29.1326.7928.6529.8729.4531.4833.4835.9132.7130.7234.6932.7028.1640.1537.7038.98 +19.2% +3.4%
OPM % 27.4% 25.9% 26.3% 27.5% 28.2% 28.3% 27.6% 27.0% 27.3% 26.0% 28.0% 28.7% 28.2% 27.8% 27.1% 27.1% -5.6% +0.0%

📆 Annual results (₹ Cr, FY = Apr–Mar)

Metric FY25 FY26 TTM YoY %
Sales ₹214,853 Cr ₹220,938 Cr ₹233,613 Cr +2.8%
Operating Profit ₹57,929 Cr ₹62,249 Cr ₹64,352 Cr +7.5%
OPM % 26.96% 28.17% 27.55% +4.5%
NPM % 22.37% 22.22% 22.46% -0.7%
Other Income ₹9,642 Cr ₹10,036 Cr ₹12,020 Cr +4.1%
Depreciation ₹4,220 Cr ₹4,288 Cr ₹3,923 Cr +1.6%
Interest ₹703 Cr ₹1,124 Cr ₹1,203 Cr +59.9%
EBIT ₹53,709 Cr ₹57,961 Cr ₹60,429 Cr +7.9%
PBT ₹62,648 Cr ₹62,806 Cr ₹67,361 Cr +0.3%
Tax ₹14,591 Cr ₹9,772 Cr ₹10,961 Cr -33.0%
Net Profit ₹48,057 Cr ₹49,096 Cr ₹52,462 Cr +2.2%
EPS ₹132.82 ₹135.70 ₹144.99 +2.2%
Material Cost ₹7,909 Cr ₹2,358 Cr ₹3,083 Cr -70.2%
Employee Cost ₹107,300 Cr ₹83,512 Cr ₹87,650 Cr -22.2%
Extraordinary Items — ₹-4,067 Cr ₹-2,549 Cr —

🏛️ Balance Sheet (latest 5 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026Sep 2026 % Chg
Equity Capital 366362362362362 +0.0%
Reserves 74,17271,75875,25584,31496,242 +14.1%
Borrowings 5,6596,1457,5779,3549,870 +5.5%
Other Liabilities 39,44042,72949,39254,98051,812 -5.8%
Total Liabilities 119,637120,994132,586149,010158,286 +6.2%
Fixed Assets 15,69014,95316,82517,71019,041 +7.5%
CWIP 1,1031,4501,3182,4022,049 -14.7%
Investments 38,14332,24532,80241,09044,714 +8.8%
Other Assets 64,70172,34681,64187,80892,482 +5.3%
Total Assets 119,637120,994132,586149,010158,286 +6.2%

📦 Working Capital (latest 1 periods)

Metric Sep 2026 % Chg
Inventories 28 —
Trade Receivables 62,684 —
Trade Payables 18,391 —

💧 Cash Flow (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
CFO/OP 94%89%94%93% -1.1%
Cash from Operating Activity 37,02939,14240,81645,597 +11.7%
Cash from Investing Activity 3,46010,8334,874-4,847 -199.4%
Cash from Financing Activity -47,224-47,793-46,724-41,527 +11.1%
Net Cash Flow -6,7352,182-1,034-777 +24.9%
Free Cash Flow 34,58337,00837,45542,123 +12.5%

💧 Half-year Cash Flow (latest 1 periods)

Metric Sep 2026 % Chg
Cash from Operating Activity 18,235 —
Cash from Investing Activity -1,732 —
Cash from Financing Activity -17,043 —
Net Cash Flow -540 —

➗ Ratios (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Debtor Days 82838894 +6.8%
Cash Conversion Cycle 82838894 +6.8%
Working Capital Days 25283134 +9.7%
ROCE % 64%75%78%77% -1.3%

👥 Shareholding (latest 5 periods)

Metric Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026 % Chg
Promoters 71.77%71.77%71.77%71.77%71.77% +0.0%
FIIs 11.48%10.33%10.37%9.66%9.06% -6.2%
DIIs 11.95%12.64%12.81%13.34%13.47% +1.0%
Government 0.06%0.06%0.06%0.06%— —
Public 4.77%5.21%4.98%5.16%5.69% +10.3%
No. of Shareholders 21,64,28923,88,23223,32,27524,50,09026,05,182 +6.3%

⚖️ Peer comparison

Industry: Information Technology Services · 19 companies · full page →
# Company CMP MCap (Cr) P/E Sales TTM NP TTM OPM% NPM% Sales YoY% NP YoY% Qtr Rev Δ% Qtr NP Δ%
1 TCS Tata Consultancy ₹2,303.00 833,246 16.1 283,248 51,858 26.4% 18.3% 4.6% 1.3% 11.2% 14.9%
2 INFY Infosys ₹1,037.70 420,281 14.5 178,650 29,448 21.1% 16.5% 9.6% 10.2% 13.4% 21.0%
3 HCLTECH HCL Technologies ₹1,206.10 326,343 17.8 138,052 18,330 20.6% 13.3% 11.2% -4.3% 11.5% 21.2%
4 WIPRO Wipro ₹166.89 165,105 13.0 97,023 13,223 19.3% 13.6% 4.0% 0.4% 9.1% -1.9%
5 TECHM Tech Mahindra ₹1,614.00 142,984 26.5 61,361 5,571 17.2% 9.1% 7.2% 13.0% 15.6% 34.0%
6 LTM LTM ₹4,275.00 126,737 26.2 43,594 4,844 17.7% 11.1% 11.0% 11.0% 13.1% -2.5%
7 PERSISTENT Persistent Systems ₹5,516.00 86,177 44.9 15,718 1,923 18.3% 12.2% 23.5% 33.2% 29.1% 13.7%
8 COFORGE Coforge ₹1,846.50 81,796 40.2 18,196 1,920 18.7% 10.6% 34.2% 86.6% 49.8% 49.4%
9 MPHASIS Mphasis ₹2,295.00 43,793 22.9 16,532 1,911 18.6% 11.6% 11.6% 9.5% 17.5% 10.7%
10 LTTS L&T Technology ₹3,350.00 35,539 26.9 11,701 1,322 17.7% 11.3% 9.0% 1.4% 2.6% 13.0%
11 TATATECH Tata Technologies ₹765.60 31,087 55.2 6,301 563 15.6% 8.9% 6.5% -19.3% 28.4% 3.6%
12 REDINGTON Redington ₹394.20 30,818 19.0 128,133 1,505 2.0% 1.2% 20.0% -29.5% 34.6% 94.6%
13 HEXT Hexaware Technologies ₹497.00 30,307 22.5 14,420 1,344 15.0% 9.3% — — 17.9% -13.0%
14 ESDS ESDS Software ₹1,672.50 19,604 — — — — — — — 6.9% 12.6%
15 CAMS Computer Age ₹725.20 18,007 — — — — — — — 12.1% 17.6%
16 ECLERX eClerx Services ₹1,899.90 17,484 24.4 4,334 729 25.3% 16.8% 22.3% 30.6% 23.2% 15.7%
17 FSL Firstsource Solutions ₹248.75 17,177 25.8 10,066 671 16.5% 6.7% 20.0% 13.3% 22.9% -1.8%
18 ZENSARTECH Zensar Technologies ₹434.15 9,846 12.7 5,810 777 16.0% 13.4% 7.7% 19.2% 8.9% 1.0%
19 XTRANET Xtranet Technologies ₹331.24 1,732 — — — — — — — 10.5% 78.1%
❓ Frequently asked questions
What was Tata Consultancy Services Limited's revenue in Q2 FY27?
Tata Consultancy Services Limited reported revenue of ₹60,441 crore for the quarter ended September 2026 (Q2 FY27), up 10.8% from ₹54,531 crore in the same quarter last year, and up 1.5% sequentially over the June 2026 quarter.
What was Tata Consultancy Services Limited's net profit in Q2 FY27?
Net profit rose 19.2% year-on-year to ₹14,104 crore, from ₹11,828 crore. Earnings per share (EPS) came in at ₹38.98.
What is TCS's market capitalisation and P/E ratio?
At the current price of ₹2,465.00, TCS has a market capitalisation of ₹891,859 crore and a trailing P/E of about 17.0.
Who owns Tata Consultancy Services Limited? (shareholding pattern)
As of Jun 2026, promoters held 71.77%, foreign institutional investors (FIIs) 9.06%, domestic institutional investors (DIIs) 13.47%, public shareholders 5.69% of Tata Consultancy Services Limited.
TTM ends 2026-09-30. Amounts are ₹ crore unless stated otherwise. Figures are extracted by AI from public quarterly filings; gaps are filled from public market data. Live price refreshed about twice a day from exchange data. Educational information only — not financial advice.
⚠️ How this site is made: Market data pages are computed automatically from NSE/BSE publications and company filings; news articles and announcement analyses are written with AI assistance, with a human in the loop: our editors review what the AI produces. Both can contain errors. Verify with the original sources before any investment decision. Not investment advice; Flash Finance is not SEBI-registered. How we use AI