TATA CONSULTANCY

SERVICES
 ABOUT COMPANY

1. Tata Consultancy Services (TCS) is an Indian multinational information

technology (IT) service, consulting and business solutions company offering
transformational as well as outsourcing services to global enterprises.

2. It is a subsidiary of the Tata Group and operates in 46 countries

3. TCS is one of the largest Indian companies by market capitalization
4. TCS is now placed among the most valuable IT services brands worldwide.
5. TCS alone generates 70% dividends of its parent company, Tata Sons
6. The parent group recently decided to sell stocks of TCS worth $1.25 billion in a
bulk deal
7. In 2015, TCS is ranked 64th overall in the Forbes World's Most Innovative
Companies ranking, making it both the highest-ranked IT services company and
the top Indian company
8. It is the world's 9th largest IT services provider by revenue.[13] As of December
2015, it is ranked 10th on the Fortune India 500 list
 LETTER FROM THE CHAIRMAN

9) My thirty years with TCS have given me a ringside seat to the

evolution and growth of your Company. I have witnessed
your Company's ability to emerge from every technology cycle
stronger than ever and be in a position to capture a greater share
of market opportunities.
10) The global business is transitioning to a new age where
technology is playing a central role in the growth of every
industry by delivering a superior customer experience anytime,
anywhere. The power of a business now depends on its ability to
manage the transition from process maturity to data maturity. The
Internet of Things (IoT) is about capturing data from machines
and sensors
 11) The key differentiators that enable TCS to strategically partner
with these large global progressive corporations are our deep
contextual knowledge of customers’ business models, functions,
processes, and systems; our proactive approach to innovation; and our
commitment to delivery excellence. At the core of all this is our ability
to attract, develop, and retain talent
12) In the Tata group, our ethos is shaped by the core belief that our
founder articulated almost hundred and fifty years ago that the
community is not just another stakeholder of business, but the very
purpose of its existence. That ethos guides all our actions and
initiatives. Your Company has focused on helping communities in
three core areas: education and skills, health and wellness, and
environmental sustainability
 BOARD OF DIRECTOR

13) As on March 31, 2017, the Company has eleven Directors. Of the
eleven Directors, eight (i.e. 72.73%) are Non-Executive Directors out of
which six (i.e. 54.55%) are Independent Directors. The profiles of
Directors can be found on (https://www.tcs.com/ir-corporate-governance).
The composition of the Board is in conformity with Regulation 17 of the
SEBI Listing Regulations read with Section 149 of the Act.
14) None of the Directors on the Board hold directorships in more than
ten public companies. Further none of them is a member of more than ten
committees or chairman of more than five committees across all the public
companies in which he is a Director. Necessary disclosures regarding
Committee positions in other public companies as on March 31, 2017
have been made by the Directors. None of the Directors are related to each
other except Mr. N. Ganapathy Subramaniam and Mr. N. Chandrasekaran .
 TATA CONSULTANCY SERVICES
MANAGEMENT DISCUSSIONS
15) In FY 2017, the global market for Outsourced IT-BPM services grew
by 3.9% over the prior year, to 1.2 Trillion.1 Within that larger market, IT
Services grew by 2.5% year on year, driven largely by cloud adoption and
package implementation. Business Process Management (BPM) grew by
4% over the prior year.
16) It is worth noting that in a largely fragmented market landscape, TCS
has historically grown much faster than the market, driven by significant
market share gains on account of a superior execution model. In the latest
five-year period, while the market has expanded by a CAGR of 1.7%Rs (IT
Services CAGR: 0.5%), TCS showed a CAGR of 11.6% in USD terms.
17) TCS considers industry verticals as the primary segment for the
business. The four key verticals are: Banking, Financial Services, and
Insurance (BFSI); Retail and Consumer Business; Communications,
Media, and Technology; Manufacturing; and Others. Others includes Life
Sciences and Healthcare; and Energy, Resources, and Utilities
 OVERVIEW OF THE INDUSTRY

18) In FY 2017, the global market for Outsourced IT-BPM services

grew by 3.9% 1 over the prior year, to $1.2 Trillion. Within that
larger market, IT Services grew by 2.5% year on year, driven
largely by cloud adoption and package implementation. Business
Process Management (BPM) grew by 4% over the prior year.
19) It is worth noting that in a largely fragmented market
landscape, TCS has historically grown much faster than the market,
driven by significant market share gains on account of a superior
execution model. In the latest five-year 1 period, while the market
has expanded by a CAGR of 1.7% (IT Services CAGR: 0.5%), TCS
showed a CAGR of 11.6% in USD terms
 OUR BUSINESS

An overview
20) Tata Consultancy Services is an IT services, consulting, and business
solutions organization offering transformational as well as outsourcing
services to global enterprise
21) TCS uses its global delivery capability and full services portfolio –
consulting and enterprise solutions, application development and
maintenance, assurance services, engineering and industrial services, IT
infrastructure services, business process services, and asset leveraged
solutions – to deliver high quality, high impact solutions leveraging the latest
technologies to customers across multiple regions and industry verticals.
 STRATEGY

22) Customer-centricity is at the core of TCS’ strategy and drives all

investment decisions. The philosophy is to be technology agnostic and to
keep investing in building capabilities in newer areas that customers are
looking at, so we can continually expand our participation in customers’
spend and stay relevant to them through business and technology cycles.
23) The outcome of our strong relationship focus and unwavering pursuit
of execution excellence is a superior service experience for our customers
and long, enduring relationships.