Tata Consultancy Services

Quick check

The five things to look at first. Open one for more.

• DebtHighest safetyRated AAA by ICRA.
• ResultsGrowingIn the Sep 2026 quarter, sales rose 11% and profit rose 15% from a year earlier.
• DilutionNo new sharesNo new shares issued in the last year, so existing shareholders' slices were not cut.
• PromotersSteadyThe promoters (founders or parent) own 72% of the company, about the same as in Jun 2025.
• ValuationCheap vs its pastThe share trades at 16.8 times its yearly earnings (P/E), cheaper than 90% of the time in the last 5 years. Its usual P/E is about 24.

Tata Consultancy Services against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.

• Valuation (P/E)16.8 against a typical 21.9: cheaper than most peers (1st = cheapest).43rd of 108
• Sales growth+11.2% against a typical +10.6% from a year earlier.43rd of 90
• Profit growth+14.9% against a typical +1.1% from a year earlier.27th of 75
• Share price, 3 months+2.1% against a typical −8.4%.29th of 97
• Size₹ 9,14,652.5 Cr. market value against a typical ₹ 218.6 Cr. (1st = largest).1st of 101

Exchange filings and their impact on the company.

• 19 Oct 2026UpdatesLow impactPositivePrice −0.2% that day
  TCS extends Indian Bank BaNCS Treasury deal to Colombo, marking Sri Lanka entry with tiny near-term revenue impact.

  TCS announced it will deploy its TCS BaNCS for Treasury platform at Indian Bank's Colombo branch in Sri Lanka, extending the platform already used in India and GIFT City. The integrated platform will handle money markets, investment management and foreign exchange with real-time positions, risk controls and compliance reporting. The deal marks TCS BaNCS for Treasury's entry into Sri Lanka but is very small relative to TCS's scale of over $30 billion annual revenue.

  Full analysisFiling
• 15 Oct 2026General UpdatesLow impactPositivePrice +2% that day
  TCS completed its 100% acquisition of BBY Services India LLP, a tiny tuck-in captive now a wholly owned subsidiary.

  TCS has completed the acquisition of 100% partnership interest in BBY Services India LLP on October 15, 2026. Following completion, BBY Services India LLP has become a wholly owned subsidiary of TCS. The deal is a small tuck-in captive acquisition and is immaterial to TCS's revenue and profit over the next 12 months.

  Full analysisFiling
• 15 Oct 2026UpdatesLow impactPositivePrice +2% that day
  TCS launched a domain-specific Industrial AI Foundry to scale AI across engineering and manufacturing, a small positive for its deal pipeline.

  TCS on October 15, 2026 launched the Industrial Intelligence Foundry, a repository of configurable AI agents, workflows and governance for engineering and manufacturing. The company says it can cut new product introduction timelines by 25% and lift manufacturing productivity by 20-25%, rising above 40% as data foundations mature. It is a new service offering with no client win or financial value disclosed, so near-term revenue impact depends on future deal conversions.

  Full analysisFiling
• 14 Oct 2026UpdatesLow impactPositivePrice +1.6% that day
  TCS won MyState Bank's BaNCS core-banking transformation, a small strategic win immaterial to near-term revenue.

  TCS has been selected by Australia's MyState Limited to deploy its TCS BaNCS Global Banking Platform for core banking transformation following MyState Bank's merger with Auswide Bank. The project will consolidate multiple systems into a single operating model to support integration, efficiency and digital experience. No deal value was disclosed; given TCS's scale of over $30 billion revenue, the near-term financial impact is expected to be very small, though it adds to BaNCS momentum in Australia.

  Full analysisFiling
• 8 Oct 2026Outcome of Board MeetingLow impactPositivePrice +3.9% on 9 Oct
  TCS approved Q2 FY27 results and declared Rs 12 second interim dividend payable Oct 30.

  Tata Consultancy Services approved its audited standalone and consolidated results for the quarter and half-year ended September 30, 2026 at its October 8, 2026 board meeting. The board also declared a second interim dividend of Rs 12 per Rs 1 share for FY27, with record date October 14, 2026 and payment on October 30, 2026. The dividend implies a payout of about Rs 4,344 crore, a routine cash return given TCS's high payout history.

  Full analysisFiling

Results dates and other board meetings. Full calendar

Compounded yearly rates over each period.

Listed companies in the same business.

Aarthi Subramanian

President, Chief Operating Officer, Executive Director

K. Krithivasan

Chief Executive Officer, Managing Director, Executive Director

Samir Seksaria

Chief Financial Officer

Yashaswin Sheth

Compliance Officer, Company Secretary