Tata Consultancy Services share price
NSE: TCSBSE: 532540IT - SoftwareLarge Cap
Share price at the NSE close on 27 Oct 2026. Previous close ₹2,535.00.
27 Oct: open ₹2,514.10, high ₹2,534.90, low ₹2,465.40
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies. Market capitalisation: how it is worked out
- ₹9,03,400 Cr6th largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. Price to earnings, trailing: how it is worked out
- 17.51
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. Price to book: how it is worked out
- 7.59
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- 4.49%
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it.
- 45.8%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet.
- 58.0%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Sep 2026.
- 0.00
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day. Volume in the glossary
- 43,37,08156.6% delivered
About Tata Consultancy Services
Tata Consultancy Services (TCS) is an IT services, consulting and business solutions company working with large corporations and the public sector worldwide.12 Its services span application development and management, AI, data and cloud, engineering, business operations, cyber security, and products and platforms.1 It serves clients across North America, Latin America, the UK, Continental Europe, Asia Pacific, India and the Middle East and Africa.1
It has set an aspiration to become the world's largest AI-led technology services company.3 Its workforce is spread across 55 countries and 202 service delivery centres.4 Its own products and platforms include TCS BaNCS, ignio, TCS Mastercraft, TCS iON, TCS ADD and TCS AI WisdomNext.5 In the UK, TCS and its wholly owned subsidiary Diligenta, regulated by the Financial Conduct Authority, serve life and pension providers including Standard Life, Aviva and M&G.6
TCS dates its inception to 1968.3 Its research centre in Pune, the Tata Research Development and Design Centre, was established in 1981.5 The present company was incorporated in 1995, and its registered office is in Mumbai.7
Its holding company is Tata Sons Private Limited, and the promoter group held 71.77% of its shares at the end of March 2026.89 N Chandrasekaran, Chairman of the Tata Group, chairs its board, and K Krithivasan is its Chief Executive Officer and Managing Director.101112
Tata Consultancy Services key points
Results
- In the quarter to Sep 2026, consolidated revenue was ₹731,880 million, up 11.2% in rupees and 2.8% in constant currency (at last year's exchange rates) from a year earlier. Operating income (profit before other income and tax) was ₹175,530 million and net income ₹138,840 million.1314
- In the year to Mar 2026, excluding one-off items (charges for restructuring, new labour codes and a legal claim), consolidated revenue was ₹267,021 crore, up 4.6%, and net income ₹52,820 crore, up 8.8%.1516
- Excluding the same one-off items, operating income in the year to Mar 2026 was ₹66,838 crore; the operating margin of 25.0% and net margin of 19.8% were the highest in 4 years.171816
- Annualised AI revenue (the latest quarter's AI revenue on a yearly basis) reached $3.1 billion in the quarter to Sep 2026, more than 10% of total revenue.19
Business segments
- Consolidated revenue by industry segment, ₹ crore2021Others includes energy, resources and utilities, public services and products.
Item year to Mar 2026 year to Mar 2025 Banking, Financial Services and Insurance 103,363 94,597 Consumer Business 42,432 40,197 Communication, Media and Technology 39,474 45,893 Life Sciences and Healthcare 27,745 26,456 Manufacturing 26,614 25,170 Others 27,393 23,011
Where revenue comes from
- Share of consolidated revenue by region22
Item year to Mar 2026 North America 48.6% United Kingdom 17.4% Continental Europe 15.4% Asia Pacific 8.3% India 5.9% Middle East and Africa 2.5% Latin America 1.9%
Order book
Customers and partners
- Clients by services revenue from each over the past year26
Item quarter to Sep 2026 quarter to Sep 2025 US$100 million or more 65 60 US$50 million or more 137 136 US$1 million or more 1,412 1,360 - At the end of March 2026, more than 670 clients had worked with TCS for over 10 years, and more than 250 for over 20 years.25
- Clients it names include Lloyds Banking Group and Air France-KLM, and it has multi-year partnerships with Airbus and GE Aerospace.2728
What the company expects
- On its earnings call of 8 Oct 2026, the company said it plans data-centre capacity once a contract comes in, and that it would take about 18 to 24 months before revenue starts.29
- The company stated in its annual report for the year to Mar 2026 that it and TPG plan to invest up to ₹18,000 crore, in a 51:49 ratio, in HyperVault, its AI data-centre company, to build more than a gigawatt of capacity.30
Recent events
- On 15 Oct 2026, TCS completed its acquisition of BBY Services India LLP, which became a wholly owned subsidiary.31
- On 24 Aug 2026, a TCS subsidiary agreed to buy Porsche's subsidiary MHP Management- und IT-Beratung GmbH for an enterprise value (price including debt) of €320 million, subject to approvals; Porsche signed a five-year €1.25 billion deal with MHP and TCS, effective from closing.3233
- On 29 May 2026, Moody's Ratings upgraded TCS's long-term local currency issuer rating, a measure of its ability to repay debt, from Baa1 to A2, after updating its method for linking company ratings to India's own.34
- On 27 May 2026, SKF, a maker of bearings and seals, chose TCS for a global contract to run end-to-end managed services across its applications, infrastructure, data, end-user services, security and connectivity.3536
Litigation and regulatory matters
- As of 15 May 2026, a US appeals court had upheld $56 million in compensatory and $112 million in exemplary damages against TCS in a trade-secrets case brought by Computer Sciences Corporation (DXC Technology); TCS has petitioned the US Supreme Court to review it.37
- As of its annual report of 15 May 2026, the company had provided $112 million towards the claim; the court's award also carries $26 million of interest from before the judgment.3837
Last updated
All 38 sources, each with its page
- 1. Annual report, 15 May 2026, page 55
- 2. Annual report, 15 May 2026, page 108
- 3. Annual report, 15 May 2026, page 6
- 4. Exchange filing, 24 Aug 2026, page 5
- 5. Annual report, 15 May 2026, page 27
- 6. Annual report, 15 May 2026, page 19
- 7. Annual report, 15 May 2026, page 1
- 8. Annual report, 15 May 2026, page 110
- 9. Annual report, 15 May 2026, page 96
- 10. Annual report, 15 May 2026, page 20
- 11. Annual report, 15 May 2026, page 44
- 12. Annual report, 15 May 2026, page 8
- 13. Investor presentation, 8 Oct 2026, page 4
- 14. Investor presentation, 8 Oct 2026, page 14
- 15. Annual report, 15 May 2026, page 9
- 16. Annual report, 15 May 2026, page 5
- 17. Annual report, 15 May 2026, page 9
- 18. Annual report, 15 May 2026, page 6
- 19. Earnings call, 8 Oct 2026, page 4
- 20. Annual report, 15 May 2026, page 60
- 21. Annual report, 15 May 2026, page 55
- 22. Annual report, 15 May 2026, page 60
- 23. Earnings call, 8 Oct 2026, page 3
- 24. Annual report, 15 May 2026, page 24
- 25. Annual report, 15 May 2026, page 28
- 26. Investor presentation, 8 Oct 2026, page 10
- 27. Annual report, 15 May 2026, page 17
- 28. Annual report, 15 May 2026, page 18
- 29. Earnings call, 8 Oct 2026, page 22
- 30. Annual report, 15 May 2026, page 38
- 31. Exchange filing, 15 Oct 2026, page 1
- 32. Exchange filing, 24 Aug 2026, page 1
- 33. Exchange filing, 24 Aug 2026, page 1
- 34. Exchange filing, 29 May 2026, page 1
- 35. Exchange filing, 27 May 2026, page 2
- 36. Exchange filing, 27 May 2026, page 3
- 37. Annual report, 15 May 2026, page 114
- 38. Annual report, 15 May 2026, page 60
Results
Consolidated; ₹ crore.Tata Consultancy Services quarterly results
- Revenue growth, 12 monthsRevenue growth, 12 months. The last twelve months against the twelve before them. Left empty where the earlier figure was nought or a loss: growth out of a loss has no percentage.
- +9.9%
- Net profit growth, 12 monthsNet profit growth, 12 months. The last twelve months against the twelve before them. Left empty where the earlier figure was nought or a loss: growth out of a loss has no percentage.
- +4.4%
Quarter to Sep 2026, against the quarter before
- RevenueRevenue. The pill is the change in revenue against the quarter before: this period's figure divided by that one's, less one, in per cent.
- ₹73,188 Crup 1.26%
- Net profitNet profit. The pill is the change in net profit against the quarter before: this period's figure divided by that one's, less one, in per cent. Net profit in the glossary
- ₹13,934 Crup 3.83%
- Net marginNet margin. Net profit as a percentage of revenue: how much of each rupee of sales is left after every cost, interest and tax. Net margin in the glossary
- 19.0%
Revenue by quarter
Net profit by quarter, a loss in red
| ₹ crore | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 63,973 | 64,479 | 63,437 | 65,799 | 67,087 | 70,698 | 72,275 | 73,188 |
| Net profit | 12,444 | 12,293 | 12,819 | 12,131 | 10,720 | 13,784 | 13,420 | 13,934 |
| Net margin | 19.5% | 19.1% | 20.2% | 18.4% | 16.0% | 19.5% | 18.6% | 19.0% |
Year to Mar 2026, against the year before
- RevenueRevenue. The pill is the change in revenue against the year before: this period's figure divided by that one's, less one, in per cent.
- ₹2,67,021 Crup 4.58%
- Net profitNet profit. The pill is the change in net profit against the year before: this period's figure divided by that one's, less one, in per cent.
- ₹49,454 Crup 1.35%
- Net margin
- 18.5%
Revenue by year
Net profit by year, a loss in red
| ₹ crore | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1,17,966 | 1,23,104 | 1,46,463 | 1,56,949 | 1,64,177 | 1,91,754 | 2,25,458 | 2,40,893 | 2,55,324 | 2,67,021 |
| Net profit | 26,357 | 25,880 | 31,562 | 32,447 | 32,562 | 38,449 | 42,303 | 46,099 | 48,797 | 49,454 |
| Net margin | 22.3% | 21.0% | 21.5% | 20.7% | 19.8% | 20.1% | 18.8% | 19.1% | 19.1% | 18.5% |
Business segments
Share of revenue, year to Mar 2026, consolidated.Segment revenue and profit
- Banking, Financial Services and InsuranceBanking, Financial Services and Insurance, share of revenue. The segment's revenue as a percentage of the revenue of all the company's reported business segments together, leaving out eliminations between them and unallocated items.₹1,03,363 Crup 9.27%38.7%
- Consumer BusinessConsumer Business, share of revenue. The segment's revenue as a percentage of the revenue of all the company's reported business segments together, leaving out eliminations between them and unallocated items.₹42,432 Crup 5.56%15.9%
- Communication, Media and TechnologyCommunication, Media and Technology, share of revenue. The segment's revenue as a percentage of the revenue of all the company's reported business segments together, leaving out eliminations between them and unallocated items.₹39,474 Crdown 13.99%14.8%
- Life Sciences and HealthcareLife Sciences and Healthcare, share of revenue. The segment's revenue as a percentage of the revenue of all the company's reported business segments together, leaving out eliminations between them and unallocated items.₹27,745 Crup 4.87%10.4%
- ManufacturingManufacturing, share of revenue. The segment's revenue as a percentage of the revenue of all the company's reported business segments together, leaving out eliminations between them and unallocated items.₹26,614 Crup 5.74%10.0%
- OthersOthers, share of revenue. The segment's revenue as a percentage of the revenue of all the company's reported business segments together, leaving out eliminations between them and unallocated items.₹27,393 Crup 19.04%10.3%
Valuation
Today, against the company's own history.Tata Consultancy Services PE ratio and valuation
At or below today's level on 6% of 2,478 trading days over the last 10 years.
At or below today's level on 5% of 1,867 trading days since Apr 2019.
At or below today's level on 94% of 2,478 trading days over the last 10 years.
Where the return came from
Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.
| Over | Return a year | Earnings growth | Change in P/E | Dividend yield |
|---|---|---|---|---|
| 1 year | −29.9% | +1.4% | −35.5% | 4.7% |
| 3 years | −6.4% | +5.7% | −14.6% | 3.3% |
| 5 years | −2.8% | +9.4% | −13.9% | 3.0% |
Mutual fund holdings
450 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 218 of the 271 funds that added or cut are index funds, ETFs or arbitrage funds: an index fund or ETF holds what its index holds, and an arbitrage fund holds the share against a sale of its future. 6 more funds filed their first portfolio on record, holding it.All 450 funds holding Tata Consultancy Services
- Bought for the first timeBought for the first time. Funds that held it at the month's end and had not held it in any month on record before.
- 2
- Bought againBought again. Funds that held it at the month's end, had not held it the month before, and held it in an earlier month.
- 4
- AddedAdded. Funds that held more shares than at the end of the month before.
- 138
- CutCut. Funds that held fewer shares than at the end of the month before.
- 133
- Held unchangedHeld unchanged. Funds that held the same number of shares as at the end of the month before.
- 167
- Sold outSold out. Funds that held it at the end of the month before and hold none at this month's end. Sold out in the glossary
- 26
| Fund | |||
|---|---|---|---|
| 1,98,01,051 | 2.00% | ₹4,060.4 Cr | |
| 1,77,00,807 | 2.50% | ₹3,629.7 Cr | |
| 1,36,12,580 | 2.41% | ₹2,790.6 Cr | |
| 78,00,000 | 3.12% | ₹1,599.5 Cr | |
| 72,01,306 | 2.58% | ₹1,476.7 Cr | |
| 70,00,000 | 1.67% | ₹1,435.4 Cr | |
| 67,90,661 | 2.00% | ₹1,392.5 Cr | |
| 64,14,432 | 2.41% | ₹1,315.0 Cr | |
| 63,56,717 | 2.00% | ₹1,303.5 Cr | |
| 53,77,541 | 1.08% | ₹1,102.7 Cr |
Promoter and insider buying and selling
Trades made since 28 Oct 2025.Tata Consultancy Services insider trading
No promoter, director, key manager or employee bought or sold on the market.
- Promoters and promoter group: no market trade · 43 pledge filings of unclear kind
- Others: no market trade
Tata Consultancy Services competitors and peers
Computers - Software & Consulting, 98 listed companies, priced on 27 Oct 2026. The table lists the 8 companies closest to Tata Consultancy Services in market cap.IT companies
Where the company sits among the companies nearest its size
| Company | ||||||||
|---|---|---|---|---|---|---|---|---|
| 4,71,978 | 15.35 | 4.76 | +11.7% | +9.3% | 30.4% | 39.9% | 2.15% | |
| 3,85,340 | 21.03 | 5.06 | +12.8% | +7.9% | 24.9% | 31.4% | 4.23% | |
| 1,85,228 | 14.06 | 2.35 | +8.2% | −2.4% | 16.0% | 15.9% | 4.28% | |
| 1,77,546 | 32.18 | 5.98 | +13.6% | +23.7% | 19.3% | 26.7% | 2.82% | |
| 1,20,419 | 23.04 | 4.65 | +14.7% | +7.4% | 21.2% | 27.3% | 1.92% | |
| 92,008 | 51.02 | 10.71 | +27.1% | +8.3% | 22.9% | 27.2% | 0.69% | |
| 88,475 | 45.14 | 3.96 | +41.2% | +68.0% | 13.4% | 10.7% | 0.60% | |
| 49,998 | 26.17 | 4.65 | +13.7% | +9.8% | 18.8% | 19.9% | 2.37% |
Dividends
Per share, by the year it was paid for, and the latest payments.Tata Consultancy Services dividend history
Dividend per share, ₹, restated for later splits and bonuses
Dividend per share. The dividends declared for the year, each restated to today's share count by the splits and bonuses after its own ex-date, added up. Dividend per share in the glossary| Ex-date | Type | Per share |
|---|---|---|
| 14 Oct 2026 | Interim | ₹12.00 |
| 15 Jul 2026 | Interim | ₹12.00 |
| 25 May 2026 | FinalFinal dividend. Called final by its date: the company did not say which kind it was, and it went ex within six months after the company's year end, the time in which the annual general meeting that declares the final dividend must be held. Final dividend in the glossary | ₹31.00 |
| 16 Jan 2026 | Interim | ₹11.00 |
| 16 Jan 2026 | Special | ₹46.00 |
| 15 Oct 2025 | Interim | ₹11.00 |
Latest announcements
Routine notices left out.Tata Consultancy Services announcements
Oct 2026
16 Oct · Analysts
15 Oct · General Updates
Tata Consultancy Services share price by year
Each calendar year to 2025.Tata Consultancy Services share price history
| Year | Close at year end | Change | Highest close | Lowest close |
|---|---|---|---|---|
| 2025 | 3,206.20 | −21.7% | 4,291.10 | 2,888.40 |
| 2024 | 4,094.80 | +7.9% | 4,553.75 | 3,666.80 |
| 2023 | 3,793.40 | +16.5% | 3,861.00 | 3,089.60 |
| 2022 | 3,256.70 | −12.9% | 4,019.15 | 2,982.05 |
| 2021 | 3,738.35 | +30.6% | 3,954.55 | 2,894.30 |
| 2020 | 2,862.75 | +32.4% | 2,930.50 | 1,636.35 |
| 2019 | 2,161.70 | +14.2% | 2,277.95 | 1,813.25 |
| 2018 | 1,893.05 | +40.2% | 2,255.55 | 1,315.60 |
| 2017 | 1,350.60 | +14.2% | 1,379.48 | 1,083.95 |
| 2016 | 1,182.78 | −2.9% | 1,369.23 | 1,050.58 |
Recent sessions
The 9 trading days to 26 Oct 2026, as traded on NSE; the latest is at the top of the page.
| Date | Open | High | Low | Close | Average price | Volume | Delivery |
|---|---|---|---|---|---|---|---|
| 26 Oct 2026 | 2,500.00 | 2,549.70 | 2,491.60 | 2,535.00 | 2,524.65 | 43,26,029 | 51.7% |
| 23 Oct 2026 | 2,568.00 | 2,625.00 | 2,517.20 | 2,530.00 | 2,567.53 | 68,57,942 | 34.4% |
| 22 Oct 2026 | 2,520.00 | 2,533.00 | 2,479.00 | 2,506.90 | 2,504.36 | 41,74,671 | 42.9% |
| 21 Oct 2026 | 2,484.00 | 2,533.30 | 2,476.50 | 2,529.00 | 2,516.46 | 57,07,347 | 45.6% |
| 19 Oct 2026 | 2,458.00 | 2,497.00 | 2,432.10 | 2,460.90 | 2,469.62 | 86,76,373 | 57.0% |
| 16 Oct 2026 | 2,382.00 | 2,484.70 | 2,375.70 | 2,465.00 | 2,439.72 | 1,21,66,634 | 57.4% |
| 15 Oct 2026 | 2,347.20 | 2,386.70 | 2,335.00 | 2,350.00 | 2,361.31 | 91,50,523 | 53.9% |
| 14 Oct 2026 | 2,274.00 | 2,335.80 | 2,265.60 | 2,304.90 | 2,309.60 | 1,21,45,767 | 61.6% |
| 13 Oct 2026 | 2,156.90 | 2,269.30 | 2,155.00 | 2,269.30 | 2,238.83 | 1,10,48,193 | 44.1% |
Price adjustments
What the price chart is corrected for, so it reads as one share held throughout.Bonus share history
| Ex-date | Event | Price factor | What happened |
|---|---|---|---|
| 31 May 2018 | Bonus | 0.5000 | Holders received 1 bonus share for every 1 held. |
| 16 Jun 2009 | Bonus | 0.5000 | Holders received 1 bonus share for every 1 held. |
Company details
- NSE symbol
- TCS
- BSE code
- 532540
- ISIN
- INE467B01029
- Industry
- IT - Software
- Website
- www.tcs.com
- CIN
- L22210MH1995PLC084781
- Corporate identity number, the registrar of companies' code for it
- Incorporated
- 1995
- Registered office
- Nirmal Building, 9th Floor, Nariman Point, Mumbai 400021, Maharashtra
- Share registrar
- MUFG Intime India Pvt. Ltd
- Keeps the register of shareholders and handles transfers and dividend payments