Tata Consultancy Services

Tata Consultancy Services (TCS) (Q3FY24) – Steady Profit, AI Cloud Soars

Highlights of the report

TCS, a leading IT services provider, has reported revenue of ₹605,830mn in Q3FY24, showing a 1.0% Q/Q and 4% Y/Y increase despite a weak demand environment and seasonal weakness.

Tata Consultancy Services (TCS) Equity Report Q3FY24

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Tata Consultancy Services Limited provides information technology (IT) and IT enabled services worldwide. It operates through Banking, Financial Services and Insurance; Manufacturing; Retail and Consumer Business; Communication, Media and Technology; Life Sciences and Healthcare; and Others segments.

The company reported revenue of ₹605.83bn for the quarter, an increase of 4% Y/Y and 1.7% in constant currency. Order book TCV at $8.1bn; North America TCV at $4.2bn; BFSI TCV at $2.6bn, Consumer Business TCV at $1.5bn.

Tata Consultancy Services stock price increased by ~24% in the past 1- year. The stock has a 52-week high of ₹4,229.95 and its 52-week low is ₹3,070.25. The stock price showed an upward trend in the past 3- month period and gave 13.31% returns.

Highlights

Valuation

– Enterprise Value
– CrispIdea Forecast
– Economic Value Added Analysis
– Discounted Cash Flow Analysis
– P/E Analysis
– Peer Valuation
– CrispIdea Forecast Relative to Consensus
– Consensus History and Surprise
– Consensus Momentum

Actual & Historical Performance

– Income Statement
– Balance Sheet
– Cash Flow
– 10 Year Historical Performance
– Ratio Analysis
– Du Pont Analysis
– ROIC & ROCE Analysis
– Segment Performance
– Key Metrics
– M&A Deals

Peer Performance

– Summary
– Profitability
– Growth
– Price Performance

Ownership

Stock Price Performance

Crispidea Coverage

Report details

Tata Consultancy Services (TCS) (Q3FY24) – Steady Profit, AI Cloud Soars

Price

$280.00

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