Sign up for Equitymaster's free daily newsletter, The 5 Minute WrapUp and get access to our latest Multibagger guide (2019 Edition) on picking money-making stocks.

This is an entirely free service. No payments are to be made.

Download Now Subscribe to our free daily e-letter, The 5 Minute WrapUp and get this complimentary report.
We hate spam as much as you do. Check out our Privacy Policy and Terms Of Use.
Compare, Analyse TCS with INTERNATIONAL BUSINESS MACHINES CORP. - US - Equitymaster

Helping You Build Wealth With Honest Research
Since 1996. Try Now

  • MyStocks


Login Failure
(Please do not use this option on a public machine)
  Sign Up | Forgot Password?  

TCS vs IBM (US) - Comparison Results

TCS    Change

TCS is the largest software company in Asia, having a wide range of offerings and catering to industries like banking and financial services, manufacturing, telecom, and retail. The company was one of the pioneers of the much-acclaimed global deliver... More


International Business Machines Corporation (IBM) is a global technology and innovation company that provides computer solutions through the use of advanced information technology. IBM’s solutions include technologies, systems, products, services, so... More



5-Yr Chart
Click to enlarge
High Rs3,19513,962-   
Low Rs2,27210,741-   
Sales per share (Unadj.) Rs643.16,682.8-  
Earnings per share (Unadj.) Rs135.2865.8-  
Cash flow per share (Unadj.) Rs145.71,189.3-  
Dividends per share (Unadj.) Rs29.00303.32-  
Dividend yield (eoy) %1.12.5 43.2%  
Book value per share (Unadj.) Rs443.8854.7-  
Shares outstanding (eoy) m1,914.29991.00-   
Bonus/Rights/Conversions BBOI-  
Price / Sales ratio x4.31.8 230.0%   
Avg P/E ratio x20.214.3 141.7%  
P/CF ratio (eoy) x18.810.4 180.6%  
Price / Book Value ratio x6.214.5 42.6%  
Dividend payout %21.535.0 61.2%   
Avg Mkt Cap Rs m5,232,90312,240,484 42.8%   
No. of employees `000395.0379.6 104.1%   
Total wages/salary Rs m663,960187,917 353.3%   
Avg. sales/employee Rs Th3,116.617,446.7 17.9%   
Avg. wages/employee Rs Th1,680.9495.1 339.5%   
Avg. net profit/employee Rs Th655.22,260.3 29.0%   
Net Sales Rs m1,231,0406,622,636 18.6%  
Other income Rs m36,420191,272 19.0%   
Total revenues Rs m1,267,4606,813,908 18.6%   
Gross profit Rs m325,1601,324,056 24.6%  
Depreciation Rs m20,140320,594 6.3%   
Interest Rs m52034,543 1.5%   
Profit before tax Rs m340,9201,160,191 29.4%   
Minority Interest Rs m00-   
Prior Period Items Rs m00-   
Extraordinary Inc (Exp) Rs m00-   
Tax Rs m82,120302,181 27.2%   
Profit after tax Rs m258,800858,010 30.2%  
Gross profit margin %26.420.0 132.1%  
Effective tax rate %24.126.0 92.5%   
Net profit margin %21.013.0 162.3%  
Current assets Rs m812,2403,527,248 23.0%   
Current liabilities Rs m178,2802,417,231 7.4%   
Net working cap to sales %51.516.8 307.2%  
Current ratio x4.61.5 312.2%  
Inventory Days Days08 0.9%  
Debtors Days Days74125 59.1%  
Net fixed assets Rs m132,510768,726 17.2%   
Share capital Rs m1913,758,772 0.0%   
"Free" reserves Rs m849,3700-   
Net worth Rs m849,561847,019 100.3%   
Long term debt Rs m5402,503,160 0.0%   
Total assets Rs m1,062,9608,045,112 13.2%  
Interest coverage x656.634.6 1,898.5%   
Debt to equity ratio x03.0 0.0%  
Sales to assets ratio x1.20.8 140.7%   
Return on assets %24.411.1 219.9%  
Return on equity %30.5101.3 30.1%  
Return on capital %40.235.7 112.6%  
Exports to sales %00-   
Imports to sales %0.60-   
Net fx Rs m584,7600-   
From Operations Rs m250,6701,203,869 20.8%  
From Investments Rs m28,860-214,181 -13.5%  
From Financial Activity Rs m-268,850-1,102,809 24.4%  
Net Cashflow Rs m12,860-113,121 -11.4%  
NM: Not Meaningful
Source: Company Annual Reports, Regulatory Filings, Equitymaster
The reporting currency for IBM (US) is United States Dollars. All data has been converted at 71.37 Rs / USD

Compare TCS With: HP (US)  KINGDEE INTER. (China)  CHINASOFT (China)  


Today's Market

Where Will the Two-Faced Market Go from Here?(Podcast)

The stock markets are very volatile these days. As the Tanushree Bannerjee, the co-head of research here at Equitymaster puts it, stock markets are two-faced.

Related Views On News

TCS Announces Quarterly Results (3QFY19); Net Profit Up 24.1% (Quarterly Result Update)

Jan 11, 2019 | Updated on Jan 11, 2019

For the quarter ended December 2018, TCS has posted a net profit of Rs 81 bn (up 24.1% YoY). Sales on the other hand came in at Rs 373 bn (up 20.8% YoY). Read on for a complete analysis of TCS's quarterly results.

TCS Announces Quarterly Results (2QFY19); Net Profit Up 22.7% (Quarterly Result Update)

Oct 12, 2018 | Updated on Oct 12, 2018

For the quarter ended September 2018, TCS has posted a net profit of Rs 79 bn (up 22.7% YoY). Sales on the other hand came in at Rs 369 bn (up 20.7% YoY). Read on for a complete analysis of TCS's quarterly results.

TCS 2017-18 Annual Report Analysis (Annual Result Update)

Aug 8, 2018 | Updated on Aug 8, 2018

Here's an analysis of the annual report of TCS for 2017-18. It includes a full income statement, balance sheet and cash flow analysis of TCS. Also includes updates on the valuation of TCS.

TCS: Performance Along Expected Lines (Quarterly Results Update - Detailed)

Jan 12, 2018

TCS delivers a good performance in a challenging environment.

TCS: A Good Operating Performance (Quarterly Results Update - Detailed)

Oct 12, 2017 | Updated on Oct 13, 2017

Margins expand on good control over operating expenses.

More Views on News

Most Popular

7 Stocks to Profit from Sensex 100,000(The 5 Minute Wrapup)

Feb 4, 2019

Tanushree Banerjee explains everything you need to know about the Rebirth of India and Sensex 100,000.

The RCom Bankruptcy: 5 Lessons for Smallcap Investors(Profit Hunter)

Feb 7, 2019

Managements of companies can create or ruin their fortunes. Why is management quality such an important factor in valuing businesses? Read on to find out...

Here's What the Biggest 'Rebirth of India' Investors are Doing(The 5 Minute Wrapup)

Feb 5, 2019

A roundtable on the 18th of January 2019 had investors with billions of dollars of investment kitty.

The One Real Estate Stock to Buy Now(The 5 Minute Wrapup)

Feb 13, 2019

The real estate sector is ready to make a comeback. This is the stock to consider buying.

Do You Have the Stomach to Survive a Small Cap Crash?(Profit Hunter)

Feb 5, 2019

While selecting good businesses is relatively easy task in a bearish phase, where most people fail is in having enough patience to hold the quality stocks until recovery.


Get the Indian Stock Market's
Most Profitable Ideas

How To Beat Sensex Guide 2019
Get our special report, How to Beat Sensex Nearly 3X Now!
We will never sell or rent your email id.
Please read our Terms


Feb 15, 2019 (Close)