1806 (3) 1803 (3) Var. (%) 1706 (3) Var. (%) 1803 (12) 1703 (12) Var. (%) Sales 34261 32075 7 29584 16 123104 117966 4 OPM (%) 26.5 27.0   25.1   26.4 27.4   OP 9071 8655 5 7413 22 32516 32311 1 Other inc. 1225 991 24 959 28 3642 4221 -14 PBIDT 10296 9646 7 8372 23 36158 36532 -1 Interest 17 12 42 27 -37 52 32 63 PBDT 10279 9634 7 8345 23 36106 36500 -1 Dep. 493 505 -2 499 -1 2014 1987 1 PBT 9786 9129 7 7846 25 34092 34513 -1 Tax 2424 2204 10 1896 28 8212 8156 1 PAT 7362 6925 6 5950 24 25880 26357 -2 MI 22 21 5 5 340 54 68 -21 Net Profit 7340 6904 6 5945 23 25826 26289 -2 EPS (Rs)* 76.7 72.1   62.1   67.4 68.6   * On post-bonus Paid up equity capital of Rs 383 crore, Face value Re 1, 
Figures in crore 
Source: Capitaline Databases
EO: Extraordinary items
EPS is adjusted after EO and relevant tax " />
single

Sequentially TCS registered a 4% rise in consolidated sales to Rs 37338 crore for the quarter ended December 2018.

OPM fell 170 basis points to 27.0% which saw OP fall 2% to Rs 10083 crore. OPM fell from 28.7% to 27.0% qoq due to net negative cross-currency impact on margins. Margins were also affected by 60bps increase in sub-con expenses while chasing growth and ~7,000 net new hires in Q3FY19. The management expects these expenses to normalize as it prepares itself better to service the deals it has won.

Other income jumped 59% to Rs 1163 crore and interest cost fell 88% to Rs 16 crore. After providing for depreciation (up 2% to Rs 519 crore), PBT went up 3% to Rs 10711 crore.

Provision for taxation grew 6% to Rs 2590 crore after which PAT grew 2% to Rs 8121 crore.

Minority interest (MI) fell 38% to Rs 16 crore. Thus net profit grew 3% to Rs 8108 crore.

YoY quarterly results

On yoy basis TCS registered 21% rise in sales. OPM improved 20 basis points which saw OP grow 22%. PBT jumped 24%and net profit went up 24%.

Nine months results

For the nine months TCS registered 19% rise in consolidated sales to Rs 108453 crore.

OPM improved 90 basis points to 27.1% which saw OP rise 23% to Rs 29432 crore.

Other income grew 18% to Rs 3118 crore and interest cost grew 325% to Rs 170 crore. After providing for depreciation (Rs 1519 crore against Rs 1509 crore), PBT went up 24% to Rs 30861 crore.

Provision for taxation grew 24% to Rs 7451 crore after which PAT grew 24% to Rs 23410 crore.

Minority interest (MI) grew 94% to Rs 64 crore. Thus net profit grew 23% to Rs 23346 crore.

Valuation

The stock trades at Rs 1888.

TCS: Consolidated Results

 

 

  1812 (3) 1809 (3) Var. (%) 1712 (3) Var. (%) 1812 (9) 1712 (9) Var. (%) 1803 (12) 1703 (12) Var. (%)
Sales 37338 35854 4 30904 21 108453 91029 19 123104 117966 4
OPM (%) 27.0 28.7   26.8   27.1 26.2   26.4 27.4  
OP 10083 10278 -2 8287 22 29432 23864 23 32516 32311 1
Other inc. 1163 730 59 870 34 3118 2648 18 3642 4221 -14
PBIDT 11246 11008 2 9157 23 32550 26512 23 36158 36532 -1
Interest 16 137 -88 6 167 170 40 325 52 32 63
PBDT 11230 10871 3 9151 23 32380 26472 22 36106 36500 -1
Dep. 519 507 2 506 3 1519 1509 1 2014 1987 1
PBT 10711 10364 3 8645 24 30861 24963 24 34092 34513 -1
Tax 2590 2437 6 2100 23 7451 6008 24 8212 8156 1
PAT 8121 7927 2 6545 24 23410 18955 24 25880 26357 -2
MI 16 26 -38 14 14 64 33 94 54 68 -21
Net Profit 8105 7901 3 6531 24 23346 18922 23 25826 26289 -2
EPS (Rs)* 86.5 84.3   69.7   83.0 67.3   68.9 70.1  
* Paid up equity capital of Rs 375 crore, Face value Re 1, 
Figures in crore 
Source: Capitaline Databases
EO: Extraordinary items
EPS is adjusted after EO and relevant tax

TAGS

TCS

0 thoughts on “TCS”

Post Comment



  SureShot Intraday Performance

Sure Shot Intraday performance will be given usually at any time of the trading day whenever the trend occurs in market.

Get Intraday Tips / Delivery calls for FREE



Daily News

VIEW ALL
View My Stats