TCS share price, P/E, ROE & financials

On 6 Nov 2026, Tata Consultancy Services was priced at ₹2,498.50, or 17.5× trailing earnings, against an industry P/E of 17.7×, and the shares are 25% below their 52-week high. Its ROCE of 55% is the highest among the 7 largest Information Technology Services peers, and sales and net profit grew 5.8% and 5.3% a year over 3 years. It has almost no debt, and its dividend yield is 1.9%. It is a large-cap company with a market cap of ₹9.0 lakh crore, the largest of 126 Information Technology Services companies by market cap; the shares fell 17% over the past year.

As of 6 Nov 2026Prices are delayed about 15 minutes; fundamentals are from the quarter ended Sep 2026.How we calculate this

past year

Open: ₹2,533.60
Day high: ₹2,565.00
Day low: ₹2,489.60
Prev. close: ₹2,495.70
Volume: 49.2 L

Health check

2 good · 4 fair

ReturnsIn line
−16.5% over a year, better than 3 of 7 peers.
Price tagIn line
P/E 17.5 vs industry 17.7.
GrowthSteady
Sales +5.8%, profit +5.3% a year over 3 years.
ProfitabilityStrong
ROCE 54.9% vs peer median 25.4%.
Balance sheetFair
Debt 0.10× equity, interest covered 54.4×, Piotroski 5 of 9.
Red flagsNone found
No warning signs in the headline numbers.

Compared with 7 industry peers. Computed from reported figures. Educational, not a recommendation.

Information Technology Services

125 listed peers. Screen the industry

Large cap

₹9.0L Cr, the largest of 126 in its industry.

Market sensitivity

Measuring against the NIFTY 50…

Key metrics

Last 12 months to Sep 2026: sales ₹2,83,248 Cr · profit ₹51,608 Cr

Market cap: ₹9.0L Cr; Large cap
P/E: 17.5; Industry 17.7
Price to book: 7.60; Peers 4.97
Dividend yield: 1.92%
ROE: 45.6%; Peers 21.0%
ROCE: 54.9%; Peers 25.4%
Debt to equity: 0.10; Debt ₹11,808 Cr
EPS (TTM): ₹142.66; Face value ₹1
OPM (TTM): 26.5%; Net margin 18.2%
Sales growth: +11.2%; Latest quarter vs a year ago
Profit growth: +15.0%; Latest quarter vs a year ago
Price to sales: 3.19; EV/EBITDA 11.9

Strengths

Return on equity of 45.6%.
Return on capital employed of 54.9%.
Practically debt-free.
Positive operating cash flow in each of the last 4 years.

No obvious red flags in the headline numbers.

Derived automatically from reported figures. Not a recommendation.

About Tata Consultancy Services

Tata Consultancy Services Limited provides information technology (IT) and IT enabled services. It offers TCS ADD, a suite of AI powered life sciences platforms; TCS BaNCS, a financial services platform; TCS BFSI Platforms, a cloud-native, subscription-based as-a-service digital ecosystem for insurers and financial firms; TCS Chroma, a cloud-based AI-led hire-to-retire modular platform; TCS Customer Intelligence & Insights, an AI-powered, real-time…

Headquarters: Mumbai
Employees: 5,84,519
Sector: Technology
ISIN: INE467B01029
Website: tcs.com

Price range

52 weeks

₹1,976.80₹3,350.00

Today

₹2,489.60₹2,565.00

Avg volume (3M): 39.9 L
1-year return: minus 16.5%
From 52-week high: minus 25.4%

Analyst consensus

42 analysts

BuyMean target ₹2,398.00 4.0%

The mean target is below today’s price.

Target range, with today’s price

Low ₹1,840.00High ₹3,266.00

Consensus from Yahoo Finance. Not a recommendation.

Peers · Information Technology Services

Compare with peers Screen the whole industry

Company
TCSTata Consultancy Services	2,498.50	plus 0.11%	9,03,979	17.5	7.60	54.9%	45.6%	26.5%	5.8%	5.3%	1.92%	minus 16.5%
INFYInfosys	1,181.40	plus 1.20%	4,78,511	15.7	4.91	39.0%	30.0%	23.1%	6.7%	6.9%	4.40%	minus 20.5%
HCLTECHHCL Technologies	1,440.00	plus 0.66%	3,89,754	21.3	5.20	27.2%	24.6%	20.8%	8.7%	3.9%	3.33%	minus 6.4%
WIPROWipro	198.00	minus 0.20%	1,95,898	15.6	2.46	17.8%	15.9%	19.2%	0.8%	5.2%	4.04%	minus 16.6%
TECHMTech Mahindra	1,831.00	plus 0.46%	1,79,476	29.4	5.47	19.8%	19.2%	17.2%	2.2%	−0.1%	2.79%	plus 29.3%
LTMLTM	4,338.00	minus 1.25%	1,28,620	24.6	4.97	25.4%	21.0%	17.9%	8.4%	4.4%	1.80%	minus 21.8%
PERSISTENTPersistent Systems	6,053.50	minus 0.92%	99,859	53.0	11.12	29.4%	22.9%	16.9%	20.9%	26.5%	0.59%	plus 4.3%
COFORGECoforge	2,076.00	minus 0.14%	91,980	40.7	4.11	18.6%	13.3%	19.2%	26.9%	30.9%	0.77%	plus 17.7%
Median of 7 peers	–	−0.14%	1,79,476	24.6	4.97	25.4%	21.0%	19.2%	8.4%	5.2%	2.79%	−6.4%

Quarterly results

Consolidated, ₹ crore

SalesSelect a row below to chart it

Jun 25	Dec 25	Mar 26	Jun 26	Sep 26
63,437	67,087	70,698	72,275	73,188
46,537	48,781	51,422	53,635	54,373
16,900	18,306	19,276	18,640	18,815
26.6%	27.3%	27.3%	25.8%	25.7%
1,513	854	757	1,392	1,337
195	538	265	273	252
1,361	1,380	1,406	1,239	1,262
122	−3,164	–	−576	–
16,979	14,078	18,362	17,944	18,638
24.5%	23.9%	24.9%	25.2%	25.2%
12,760	10,657	13,718	13,349	13,884
35.27	29.45	37.94	36.90	38.37

Sep 25 not reported by the data source.

Profit & loss

Yearly, ₹ crore

Sales CAGR 3Y: +5.8%
Profit CAGR 3Y: +5.3%
EPS CAGR 3Y: +5.7%
ROE: 45.6%

Net profitSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
2,25,458	2,40,893	2,55,324	2,67,021
–	+6.8%	+6.0%	+4.6%
1,66,059	1,76,483	1,87,789	1,94,439
59,399	64,410	67,535	72,582
26.3%	26.7%	26.5%	27.2%
3,201	4,096	3,658	3,358
779	778	796	1,227
5,022	4,985	5,242	5,560
108	−746	176	−3,666
56,907	61,997	65,331	65,487
25.7%	25.6%	25.3%	24.5%
42,147	45,908	48,553	49,210
–	+8.9%	+5.8%	+1.4%
115.19	125.88	134.19	136.01

Forecast

Your assumptions, not a prediction

Balance sheet

At each financial year end, ₹ crore

Total assetsSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
366	362	362	362
90,058	90,127	94,394	1,06,878
7,688	8,021	9,392	11,283
45,539	47,939	55,481	63,849
1,43,651	1,46,449	1,59,629	1,82,372
18,996	18,854	21,948	25,100
1,302	1,652	1,726	3,043
961	1,034	854	822
45,123	43,904	41,733	41,373
77,269	81,005	93,368	1,12,034
1,43,651	1,46,449	1,59,629	1,82,372

Cash flow

Yearly, ₹ crore

Cash from operationsSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
41,965	44,338	48,908	52,094
39	6,026	−2,318	−12,845
−47,878	−48,536	−47,438	−42,133
−5,874	1,828	−848	−2,884
−3,100	−2,674	−3,937	−4,146
38,865	41,664	44,971	47,948
−41,347	−25,137	−44,864	−39,437

Shareholding pattern

Source: NSE filings

71.8%

promoters

Promoters71.77%
Public28.23%
As of 30 Sep 2026

Quarter	Promoters	Public	Promoter change
30 Sep 2026	71.77%	28.23%	0.00
30 Jun 2026	71.77%	28.23%	0.00
31 Mar 2026	71.77%	28.23%	0.00
31 Dec 2025	71.77%	28.23%	0.00
30 Sep 2025	71.77%	28.23%	–

Major shareholders

NSE filing

Filings & events

News

No recent news coverage found.

My notes

Private to you