Consolidated Executive Summary

Tata Consultancy Services Ltd.

Currency: Rs. Million (Non-Annualised)
Total income
Sales
Income from financial services
Change in stock

Mar-08
12 mths

Mar-09
12 mths

Mar-10
12 mths

Mar-11
12 mths

Mar-12
12 mths

237,416.40
226,240.60
6,811.60

282,724.40
278,209.30
2,786.20

305,400.00
300,346.40
3,774.40

380,691.60
373,264.60
5,979.80

497,753.60
488,945.90
8,198.20

186,820.00

229,613.20

234,473.40

288,793.70

392,519.10

1,582.20
115,845.20
634.8
357.1
300.1
5,637.10

1,962.30
146,041.90
813.1
305.2
286.6
5,640.80

2,505.90
151,779.60
653.4
65.9
161
6,608.90

3,020.80
190,163.70
802.5
203.7
264.8
7,352.60

3,663.20
249,271.70
1,084.90
403.3
222.3
9,179.40

68,760.60
57,599.30
50,596.40
46,680.00

77,355.40
72,840.30
53,111.20
52,007.00

94,000.20
89,199.90
70,926.60
70,741.50

118,486.00
111,084.30
91,897.90
90,899.90

153,411.10
144,818.70
105,234.50
105,182.40

Total liabilities
Net worth
Paid up equity capital
Reserves and funds
Tangible net worth
Borrowings
Current liabilities & provisions

176,919.00
124,128.50
978.6
121,022.60
107,304.20
4,550.20
45,834.40

228,638.60
158,771.70
978.6
155,021.50
122,800.00
5,638.80
61,369.60

277,939.80
187,284.30
1,957.20
181,710.00
152,437.90
1,032.50
87,320.10

329,351.20
248,629.80
1,957.20
242,090.90
213,192.20
748
77,674.70

416,189.70
300,380.00
1,957.20
292,835.10
261,966.70
1,265.50
111,500.30

Total assets
Net fixed assets
Investments
Current assets
Loans & advances
Gross fixed assets

176,919.00
39,345.50
26,061.60
81,627.40
19,740.20
55,567.50

228,638.60
67,455.40
16,144.10
105,201.70
31,609.10
91,052.60

277,939.80
67,380.30
36,820.80
122,474.90
38,795.40
96,355.00

329,351.20
74,790.90
17,626.70
175,653.20
47,535.90
110,242.40

416,189.70
86,620.60
13,503.30
233,050.80
65,681.50
129,912.90

Growth (%)
Total income
Total expenses
PBDITA net of P&E&OI&FI
PAT net of P&E
Net worth
Total assets

25.5
27.4
11.2
9.8
37
33.7

19.1
22.9
26.5
11.4
27.9
29.2

8
2.1
22.5
36
18
21.6

24.7
23.2
24.5
28.5
32.8
18.5

30.7
35.9
30.4
15.7
20.8
26.4

Profitability ratios
PBDITA net of P&E&OI&FI as % of sales
PAT net of P&E as % of total income net of P&E
PAT net of P&E as % of net worth
PAT net of P&E as % of total assets excl reval

25.5
20
43.5
30.2

26.2
18.5
36.8
25.6

29.7
23.2
40.9
27.9

29.8
23.9
41.7
29.9

29.6
21.1
38.3
28.2

1.773
1.663
0.045

1.736
1.623
0.042

1.514
1.449
0.011

2.509
2.322
0.007

2.287
2.127
0.008

Total expenses
Raw materials, stores & spares
Power, fuel & water charges
Compensation to employees
Indirect taxes
Selling & distribution expenses
Interest paid
Depreciation
Profits
PBDITA
PBDITA net of P&E&OI&FI
Profit after tax (PAT)
PAT net of P&E

Liquidity ratios (times)

Quick ratio
Current ratio
Debt to equity ratio

Interest cover
Debtors (days)
Creditors (days)
Average cost of Funds (%)
Efficiency ratios (times)
Total income / total assets
Total income / compensation to employees

195.715
81.3
68.7

215.332
79.1
76.9

517.457
79
70.4

413.419
74.2
64.7

627.095
76.8
62.7

6.2

5.6

4.8

29.7

22.1

1.535
2.049

1.394
1.936

1.206
2.012

1.254
2.002

1.335
1.997

0.005513 0.0030085

0.004213

Debt/Equity

0.0366572 0.0355151

ROE

0.4076131

0.334513 0.3787109 0.3696174 0.3503379