TCS

Tata Consulting Services(TCS) | Top IT Services Company in India 2021.

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TCS is one of the top global leaders in IT services, consulting, and business solution companies in India. TCS is has been partnering with many of the world’s largest businesses in their transformation journeys for over 50 years. TCS provides a consulting-led, cognitive powered, integrated portfolio of business, technology, and engineering services and solutions

  • http://www.tcs.com
  • Headquarter: Mumbai, India
  • Founded: 1968
  • Brand: TCS
  • Industry: Computer- Software
  • Sector: Nifty-IT

TCS delivered all those solutions based on the Agile delivery model, recognized as a benchmark of excellence in software development.

TCS considers industry verticals as its go-to-market business segments. The five key vertical clusters are: Banking, Financial Services and Insurance (BFSI), Retail and Consumer Business, Communications, Media and Technology (CMT), Manufacturing and Others

TCS Ranked no.1 in Customer Satisfaction in 12 European Companies by Whitelane Research with an increased overall satisfaction score of 82 percent compared to the industry average of 72 percent.

Top 3 brands in IT services by Brand Finance; TCS clocked the highest absolute brand value growth in the sector in 2020.

TCS was Ranked 2 by revenue in the UK market for software and IT services in Tech Market View’s UK SITS rankings, Further based on revenues earned, TCS was ranked 1 in Applications and 2 in Consulting and Solutions.

TCS was ranked 2 in the PEAK Matrix® IT Service Provider of the Year: it’s Top 20 by Everest Group, for being a
Leader in 18 evaluations and a Star Performer in 4, in 2020.

TCS 2020-2021 Activities Performed Output:

In TCS FY21 Q1:

  1. TCS successfully developed DynaPORT, a state-of-the-art terminal operating system at Tilbury2 Ro-Ro, London’s latest freight ferry terminal. TCS implemented this solution in under twelve weeks, 100% virtually in leveraging the Secure Borderless Workspaces (SBWS™) mode.
  2. SaaS version of the ignio suite of autonomous software was launched by TCS and that was expanded ignio suite in three new products:
    • ignio Cognitive Procurement: to help enterprises make smarter purchase decisions,
    • ignio AI.Digital Workspace: a self-healing, end-user experience management software, and
    • ignio Studio: a low-code toolkit that allows customers to extend the out-of-the-box capabilities of the ignio software suite.
  3. TCS iON Digital Glass Room is offered free of cost for a virtual learning platform, to educational institutions in the US, Europe, and India.
  4. TCS now fully institutionalized SBWS operating model and also replicated it for customers.
    • This model was strengthened with additional analytics and extended to cover the end-to-end customer engagement lifecycle, including prospecting, sale, and even new project ramp-ups.

In TCS FY21 Q2:

  • TCS launched new cloud practice units to gain leadership in the rapidly expanding opportunity around the three major hyperscale platforms – AWS, Microsoft Azure, and Google Cloud Platform.
  • TCS Safe Workplace, a return-to-work solution for global enterprises that use existing enterprise platforms to create a workplace command center that assesses the readiness of employees, the work environment, and the workforce model, automates the return-to-work processes, including contact tracing, shift management, and workspace planning; and monitors critical risk factors.
  • National Qualifier Test (NQT) to other corporates, making it a common gateway test for fresher recruitment
  • Indigenization of Diagnostics, an ambitious new project launched by the Government of India to scale up indigenous Covid-19 diagnostic test-kit production capacity to a million test kits a day by the TCS Data Marketplace solution,

TCSFY2021 Q3:

  • The Banking Service Bureau built and run by TCS for the digital banking industry in Israel, with a new transformative Digital Bank Guarantee platform, powered by the Quartz® Blockchain solution.
  • TCS Clever Energy, energy and an emission management system that uses a digital twin setup based on IoT, AI, and cloud, to help commercial and industrial organizations.

TCS FY2021 Q4:

  • TCS has successfully completed the third successful share buyback in four years, to the tune of ₹16,000 crores at ₹3,000 per share, through the tender offer route, extinguishing 5.3 crore equity shares, representing about 1.42 percent of the total equity.
  • TCS COVID-19 Testing and Vaccine Management Suite of modular, easy-to-deploy solutions that leverage AI, robotics, blockchain, and the Internet of Things (IoT) to streamline every stage of the end-to-end testing and vaccination journeys,

Built on a Belief in the Future(TRDDC)

In the early stage of TCS begin there was not of lack in lack of technology research in India so TCS’ global ambitions with the first overseas office in New York had launched by TCS. FCK’s dream was realized on October 8, 1981, the new Tata Research Design and Development Centre (TRDDC), was officially open. Right from the start, TRDDC’s mandate was broad, researching problems not just in IT, but also in other domains.

Tata Research, Design, and Development Center (TRDDC) in Pune is mandatory in the new innovative world. To continue in the technology research across a broad set of domains for the betterment of Indian industry, TRDDC went on to make outstanding contributions particularly in the area of industrializing software engineering, systems engineering, material sciences, bioinformatics, and genomics. Much of TCS’s intellectual property and its award-winning suite of products and platforms, all of which differentiate TCS significantly in the market.

TCS footprint:

  • North America,
  • Latin America,
  • the United Kingdom,
  • Continental Europe,
  • Asia-Pacific, India, and
  • Middle-East and Africa

TCS Financial Statement in FY21:

  • NSE : TCS
  • BSE: 532540
  • Total Market Cap (₹ Lakhs): 11,61,87,203.63
  • bRAND vALUE: $ 1.4 Billion

  • PE RATIO: 35.1
  • ROE: 39.1%
  • ROAE: 48.9%
  • BOOK VALUE: 234
Revenue197,966123,014146,463156,949164,177
Operating Profit32,31132,51639,50642,10946,533
Profit Before Tax34,51334,09241,56342,24843,760
Profit After Tax26,28925,82631,47232,34032,430
All value are in crores
  • On a consolidated basis,
    • The revenue for FY 2021 was 164,177 crore, higher by 4.6 percent over the previous year’s revenue of156,949 crore.
    • The profit after tax (PAT) attributable to shareholders and non-controlling interests for FY 2021 and FY 2020 was 33,520 crore and 32,447 crore, respectively.
    • The profit after tax (PAT) attributable to shareholders for FY 2021 and FY 2020 was 33,388 crore and 32,340 crore.
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