Information TechnologyLarge capRs 833,324 crRs 727.4 cr traded a dayDigitalInformation technology
Close on 2026-08-21
2,302.00
+0.17%
52-week range24% of the way up
1,982.603,324.90
Market cap
833,324 cr
P/E (TTM)
16.5×
industry 26×
EPS (TTM)
139.14
Revenue YoY
+15.4%
Q1 FY27
Profit YoY
+10.9%
Net margin
18.6%
-0.8pt vs a year ago
Growth trend
-0.0pt
vs last quarter’s YoY
1 month
+2.6%
Below 52w high
44.4%
RSI (14)
32
Daily swing
2.4%
average true range
Volume
0.6×
vs 20-day average
Traded
Rs 727 cr
median day
Close200-day averageMaterial filing
260 sessions · hover for the filing behind a move
1 week
−2.50%
1 month
+2.63%
3 months
+1.13%
6 months
−13.06%
1 year
−26.02%
The read
written from the numbers on this page
The evidence is mixed3 supporting, 3 against, 3 worth knowing
Supporting
matches hammer — long tail below, which has beaten the market by +0.44 points over 20 sessions across 10,615 past signals
revenue grew 15% year on year in the quarter ending 2026-06-30
priced at 17× earnings against an industry median of 26× — 35% below its peers
Against
trading 12% below its 200-day average
down 26% over twelve months
net margin has narrowed from 19.5% to 18.6% across four quarters
Worth knowing
the 50-day and 200-day averages disagree, which usually means a turn in progress rather than a trend to lean on
the 5 scans it matches come from only 2 families — one signal wearing several hats rather than several signals
the rise is short covering rather than fresh buying, which historically runs out when the shorts are done
TCS sits in Digital, Information technology — worth checking whether the whole group is moving together or whether this name is doing it alone.
What would change this read: a close back above 2,622, its 200-day average.
Assembled automatically from the figures on this page — the scans matched, their measured record, the filed financials, the derivatives positioning and the peer comparison. It is not a recommendation, no one has spoken to the company, and every claim above can be checked against a number further down this page.
What is working, what is not
read from the filings, with the figure behind every line
Working3
Operating cash flow was Rs 52,094 cr against Rs 50,368 cr of profit over four quarters, 103% of it.
Rs 52,094 crRs 50,368 cr103%
No segment is more than 39% of revenue, across 6 reported segments.
39%6
Revenue +12.5% year on year, Rs 64,259 cr to Rs 72,275 cr.
+12.5%Rs 64,259 crRs 72,275 cr
Needs watching
Nothing in the filings stands out either way.
Every figure here is computed from the company’s own filings. The wording is generated directly from the figures.
How it has performed
price return over each window, measured against zero
What the scans say today
5 of 47 matched on 2026-08-21
TCS matches 5 of the 47 scans today, across 2 different kinds of evidence. Note how few kinds of evidence that is: several scans in one family are one signal wearing several hats, not several signals.
segments and revenue mix, as the company reports them
TCS reports 6 business segments. The largest is Banking, Financial Services and Insurance at 39% of revenue in the quarter ending 2026-06-30.
SegmentRevenueSharevs a year ago
Banking, Financial Services and Insurance27,990 cr38.7%—
Consumer Business11,146 cr15.4%—
Communication, Media and Technology10,614 cr14.7%—
Others7,986 cr11.0%—
Life Sciences and Healthcare7,429 cr10.3%—
Manufacturing7,110 cr9.8%—
Segment names are the company’s own, taken verbatim from the reportable-segment disclosure in its quarterly XBRL filing. Nothing on this page describes the business in words we wrote.
Quality of the business
balance sheet as at 2026-03-31
Return on equity
47.0%
trailing profit over shareholders’ funds
Return on capital
62.5%
pre-tax profit over equity plus borrowings
Debt to equity
0.00×
0 cr borrowed against 107,240 cr of equity
Net debt
6,417 cr
cash exceeds borrowings
Cash conversion
103%
operating cash flow as a share of profit
Receivable days
90
how long customers take to pay
Return on capital uses profit before tax over equity plus borrowings. The textbook version adds finance costs back; those are not tagged reliably in quarterly filings, so this understates the ratio for a heavily borrowed company rather than flattering it. Balance sheets are filed half-yearly, so these can be up to six months behind the profit figures above.
Valuation against its own history
500 sessions since 2024-09-06
16×
median 24×
33×
now 17×
TCS trades at 17× trailing earnings, below its median of 24× over this window — 30% less expensive than usual. The band runs from the 5th to the 95th percentile, so single-day spikes do not set the edges.
This window is short by the standards of valuation history — it begins where four quarters of filed earnings first exist. A stock can look cheap against two years and expensive against ten.
The Exchange has sought clarification from Tata Consultancy Services Ltd on August 12, 2026, with reference to news appeared in https://www.business-standard.com dated August 12, 2026 quoting ....
Other filing filings were typically -0.08pt vs the market over the next 5 sessions (n=12,093)
The business
from the company’s filed results
Everything below is taken from the company’s own quarterly filing with the exchange — the XBRL document it submitted, not a vendor’s summary of it. Figures in rupees crore.
RevenueNet profit, drawn inside its revenue barNet margin, own scale belowrupees crore, per quarter as filed. Revenue bars start at zero.
Going for it
revenue grew 15% against the same quarter a year earlier
profit rose 11% year on year
revenue rose in 3 of the last 4 quarters
Going against it
net margin narrowed from 19.5% to 18.6%
Quarter-by-quarter numbers, as filed
Quarter
Revenue
Profit before tax
Net profit
EPS
Net margin
Q1 FY27
2026-06-30 · consolidated
72,275
17,944
13,420
36.90
18.6%
Q4 FY26
2026-03-31 · consolidated
70,698
18,362
13,784
37.92
19.5%
Q3 FY26
2025-12-31 · consolidated
67,087
14,078
10,720
29.45
16.0%
Q3 FY25
2024-12-31 · consolidated
63,973
16,666
12,444
34.21
19.5%
Q2 FY25
2024-09-30 · consolidated
64,259
16,032
11,955
32.92
18.6%
Q1 FY25
2024-06-30 · consolidated
62,613
16,231
12,105
33.28
19.3%
Quarterly filings are unaudited unless stated. Consolidated figures are used where the company files both. A single quarter is a noisy thing — the trend across the column is worth more than the top row.
Where the price stands
the same figures every scan on this site is computed from
Trend
Distance from the averages traders watch. Above all of them is a bull phase; below the 200-day is the line most investors use to say otherwise.
Versus 50-day average+3.0%
Versus 200-day average-12.2%
Below 52-week high-30.8%
Above 52-week low+16.1%
Momentum
How hard it has been pushed lately. Above 70 on RSI is stretched, below 30 is washed out — neither is a signal on its own.
RSI (14)31.6
Higher closes in last 53 of 5
Six-month return−13.06%
Risk and liquidity
What a position costs to hold and to exit. Position sizing starts with the daily swing, not with conviction.
Typical daily swing (ATR)2.44%
Volume versus 20-day0.6x
Median daily turnoverRs 727.4 cr
Derivatives
near expiry 2026-08-25 · 2026-08-20
Short Covering
Price up, open interest down. Sellers are closing, not buyers arriving. Rallies built only on this tend not to last once the shorts are out.
Futures basis versus spot-0.03%
Open interest change-1.4%
Put / call ratio0.56
Put wall (support)2,440
Call wall (resistance)2,500
Max pain2,360
How to read this
Open interest is contracts still open, so a rise means new positions and a fall means positions closing. Combined with price direction that gives the state on the left. The walls are the strikes carrying the most open interest near expiry — levels other people are watching, not levels the price is obliged to respect. A future below spot means sellers are paying to be short.
Peers
Information Technology · 35 classified companies
TCS trades at 16.5× trailing earnings against an industry median of 25.6× across 34 other classified companies in its industry — cheaper than them, by 35%. A multiple is a statement about expectations, not about quality: cheap usually means the market expects less, and it is often right.
largest twelve by market capitalisation. Market cap and P/E need filed financials, so blanks are companies whose filings have not been read yet
Recent sessions
what this stock has matched since the engine went live
This is the live record, not the backtest — the scans this stock actually appeared in on each stored session. A name that keeps reappearing is in a persistent condition; a one-day appearance usually is not.
Session
Scans
Which
2026-08-21
2
Earns well on the capital it uses, More cash than borrowings