TATA (TCS)

Financial statements & historical fundamentals

Metric	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Borrowings	0	0	0	0	4,633	5,325	5,474	8,299	8,359	8,227
Capital Work in Progress	960	1,365	1,606	1,388	954	922	416	288	293	814
Debtor Days	66	66	68	65	74	70	68	63	72	70
Debtors	11,330	12,322	13,142	14,827	18,487	19,294	22,698	25,424	30,193	31,158
Equity Share Capital	1,144	1,144	1,088	2,170	2,122	2,124	2,098	2,069	2,071	2,073
Inventory	0	0	0	0	0	0	0	0	0	0
Inventory Turnover	0	0	0	0	0	0	0	0	0	0
Investments	1,892	16,423	12,163	11,261	8,792	14,205	20,324	19,478	24,623	23,541
Net Block	13,386	14,179	12,574	15,710	23,789	25,505	25,800	29,225	27,622	30,961
Other Assets	58,860	51,181	53,006	55,707	58,265	66,879	70,189	75,605	84,822	92,479
Other Liabilities	13,354	14,166	14,426	19,118	21,717	25,835	35,905	40,890	40,885	43,750
Reserves	60,600	67,838	63,835	62,778	63,328	74,227	73,252	73,338	86,045	93,745
Return on Capital Emp	—	0	0	0	0	0	0	0	0	0
Return on Equity	0	0	0	0	0	0	0	0	0	0
Total	75,098	83,148	79,349	84,066	91,800	107,511	116,729	124,596	137,360	147,795
Working Capital	45,506	37,015	38,580	36,589	36,548	41,044	34,284	34,715	43,937	48,729

Metric	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Cash from Financing Activity	-6,813	-6,939	-20,505	-14,512	-17,591	-9,786	-24,642	-26,695	-17,504	-24,161
Cash from Investing Activity	-885	-14,664	4,533	-632	-331	-7,373	-6,485	-1,071	-5,093	-1,864
Cash from Operating Activity	10,028	11,531	13,218	14,841	17,003	23,224	23,885	22,467	25,210	35,694
Net Cash Flow	2,330	-10,072	-2,754	-303	-919	6,065	-7,242	-5,299	2,613	9,669

Metric	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	TTM
Depreciation	1,459	1,703	1,863	2,011	2,893	3,267	3,476	4,225	4,678	4,812	4,824
Dividend Payout	0	0	1	1	0	1	1	1	1	1	—
EPS	29	31	37	35	39	45	53	58	63	64	69
Expenses	45,362	49,880	51,700	62,505	68,524	72,583	90,150	111,637	117,245	123,754	128,991
Interest	0	0	0	0	170	195	200	284	470	416	414
Net profit	13,489	14,353	16,029	15,404	16,594	19,351	22,110	24,095	26,233	26,713	28,124
Operating Profit	17,079	18,604	18,822	20,170	22,267	27,889	31,491	35,130	36,425	39,236	40,467
OPM	0	0	0	0	0	0	0	0	0	0	0
Other Income	3,120	3,050	3,311	2,882	2,803	2,201	2,295	2,701	4,711	3,600	4,073
Price	609	511	566	744	642	1,368	1,907	1,428	1,498	1,571	1,614
Price to earning	21	16	15	21	16	30	36	25	24	24	23
Profit before tax	18,740	19,951	20,270	21,041	22,007	26,628	30,110	33,322	35,988	37,608	39,302
Sales	62,441	68,484	70,522	82,675	90,791	100,472	121,641	146,767	153,670	162,990	169,458
Tax	5,251	5,598	4,241	5,631	5,368	7,205	7,964	9,214	9,740	10,858	11,143

Metric	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025
Depreciation	1,173	1,166	1,176	1,163	1,149	1,160	1,203	1,299	1,140	1,182
Expenses	28,869	29,554	29,684	29,139	29,878	31,177	31,649	31,051	32,336	33,955
Interest	90	138	131	110	105	108	101	102	105	106
Net profit	5,945	6,212	6,106	7,969	6,368	6,506	6,806	7,033	6,921	7,364
Operating Profit	9,064	9,440	9,137	8,784	9,437	9,809	10,115	9,874	9,943	10,535
OPM	0	0	0	0	0	0	0	0	0	0
Other Income	561	632	789	2,729	838	712	859	1,190	1,042	982
Profit before tax	8,362	8,768	8,619	10,240	9,021	9,253	9,670	9,663	9,740	10,229
Sales	37,933	38,994	38,821	37,923	39,315	40,986	41,764	40,925	42,279	44,490
Tax	2,417	2,553	2,506	2,265	2,647	2,737	2,848	2,625	2,816	2,854