Combined Credit Risk

Company Tata Consultancy Services Ltd

RIC TCS.NS
Date 11/30/2018

Model Summary
in Emerging Markets 98
Model Implied Rating AAA
Probability of Default 0.01 %
Structural Model 97
Text Mining Model 79
SmartRatios Model 96

Credit Ratings
S&P A
Moody's --

Component Details
Structural Model 97
Structural Leverage 96
Asset Volatility 68
Asset Drif 95
SmartRatios Model 96
Profitability 93
Leverage 87
Coverage 88
Liquidity 92
Growth & Stability 72
Text Mining Model 79
Transcripts 80
Reuters News 50
Filings N/A
Research 87

Peer Comparison
Agency Component Scores
RIC Company Name Model Score Probability of Model ImpliedS&P / Moody'Structural Mo SmartRatios MText Mining Model
TCS.NS Tata Consultancy Services Ltd 98 0.01 % AAA A / -- 97 96 79
INFY.NS Infosys Ltd 99 0.01 % AAA A- / -- 98 100 78
HCLT.NS HCL Technologies Ltd 93 0.02 % AA -- / -- 93 55 85
WIPR.NS Wipro Ltd 96 0.01 % AA+ A- / -- 94 72 77
TEML.BO Tech Mahindra Ltd 91 0.02 % AA -- / -- 87 67 77
PERS.BO Persistent Systems Ltd 90 0.03 % AA -- / -- 83 88 71
MINT.BO MindTree Ltd 94 0.02 % AA+ -- / -- 86 88 83
MBFL.BO Mphasis Ltd 93 0.02 % AA -- / -- 87 88 73
Peer Avg. 94 0.02 % AA A- / -- 91 82 78