Key Financial

Ratios of
Tata
Consultancy
Services

Mar '14

Mar '13

Mar '12

Mar '11

Mar '10

32

22

25

14

20

Operating
Profit Per
Share (Rs)

109.94

73.09

58.17

44.78

34.06

Net Operating
Profit Per
Share (Rs)

330.18

247.42

198.54

149.58

117.74

Free
Reserves Per
Share (Rs)

--

--

--

--

75.24

Bonus in
Equity Capital

79.59

79.65

79.65

79.65

79.65

Operating
Profit
Margin(%)

33.29

29.54

29.3

29.93

28.93

Profit Before
Interest And
Tax Margin(%)

30.17

26.65

25.75

27.63

26.62

Gross Profit
Margin(%)

31.62

27.88

27.52

28.09

26.89

Cash Profit
Margin(%)

28.84

26.82

28.07

27.23

26.44

Adjusted
Cash
Margin(%)

28.84

26.82

28.07

27.23

26.44

Net Profit
Margin(%)

27.25

25.24

26.42

25.42

24.13

Investment Valuation
Ratios
Face Value
Dividend Per
Share

Profitability Ratios

Adjusted Net
Profit
Margin(%)

27.25

25.24

26.42

25.42

24.13

Return On
Capital
Employed(%)

53.39

48.07

53.63

44.45

42.46

Return On Net
Worth(%)

41.87

39.32

44.24

38.8

37.3

Adjusted
Return on Net
Worth(%)

41.87

39.32

44.24

38.8

37.75

Return on
Assets
Excluding
Revaluations

224.9

165.86

126.49

99.53

76.72

Return on
Assets
Including
Revaluations

224.9

165.86

126.49

99.53

76.72

Return on
Long Term
Funds(%)

53.39

48.19

53.63

44.45

42.46

Liquidity And Solvency

Ratios
Current Ratio

3.18

2.85

2.48

2.45

1.49

Quick Ratio

3.16

2.88

2.47

2.44

1.48

Debt Equity
Ratio

--

0.01

0.01

0.01

0.01

Long Term
Debt Equity
Ratio

--

0.01

0.01

0.01

0.01

Interest Cover

1,006.74

513.84

816.02

435.8

674.43

Total Debt to
Owners Fund

0.01

0.01

0.01

0.01

1,052.90

540.06

857.98

462.68

723.63

Debt Coverage Ratios

Financial
Charges
Coverage
Ratio

Financial
Charges
Coverage
Ratio Post Tax

836.35

444.8

712.23

406.19

639.14

Management Efficiency
Ratios
Inventory
Turnover
Ratio

7,546.43

7,638.19

9,386.12

5,451.66

3,398.94

Debtors
Turnover
Ratio

5.04

4.77

5.59

7.19

6.54

Investments
Turnover
Ratio

7,546.43

7,638.19

9,386.12

5,451.66

3,398.94

Fixed Assets
Turnover
Ratio

5.79

5.32

5.39

4.91

4.74

Total Assets
Turnover
Ratio

1.47

1.48

1.56

1.5

1.52

Asset
Turnover
Ratio

1.68

1.68

1.74

1.68

1.61

Average Raw
Material
Holding

--

--

--

--

72.97

Average
Finished
Goods Held

--

--

--

--

0.04

137.53

110.67

86.25

72.38

55.58

--

0.05

0.03

0.06

0.1

78.95

74.42

78.43

80.35

78.67

Number of
Days In
Working
Capital

Profit & Loss Account

Ratios
Material Cost
Composition

Imported
Composition
of Raw
Materials
Consumed

Selling
Distribution
Cost
Composition

Expenses as
Composition
of Total Sales

--

--

--

--

0.03

96.27

94.87

98.04

91.08

92.38

Cash Flow Indicator Ratios

Dividend
Payout Ratio
Net Profit

33.97

33.72

44.66

36.24

69.88

Dividend
Payout Ratio
Cash Profit

32.09

31.73

42.02

33.84

64.47

Earning
Retention
Ratio

66.03

66.28

55.34

63.76

30.96

Cash Earning
Retention
Ratio

67.91

68.27

57.98

66.16

36.24

AdjustedCash
Flow Times

0.01

0.01

0.01

Mar '14

Mar '13

Mar '12

Mar '11

Mar '10

Earnings Per
Share

94.17

65.23

55.97

38.62

28.62

Book Value

224.9

165.86

126.49

99.53

76.72

Source :Dion Global Solutions Limited

Free Cash
Flow

Mar '14
Current Ratio

3.18

Quick Ratio

3.16

Debt Equity
Ratio

--

Long Term
Debt Equity
Ratio

--

Earnings Per
Share

94.17

Book Value

224.9

Interest Cover

1,006.74

Inventory
Turnover
Ratio

7,546.43

Asset
Turnover
Ratio

1.68

ROA(%)

36.94

ROE(%)

48.29

ROCE(%)

61.29

Asset
Turnover(x)

1.29

Sales/Fixed
Asset(x)

6.31

Working
Capital/Sales(
x)

2.87

Total
Debt/Equity(x
)

0.00

Current
Ratio(x)

2.84

Quick
Ratio(x)

2.84

Interest
Cover(x)

Total
Debt/Mcap(x)

1006.74

0.00

2010

2011

2012

2013

2014

63,614

47,878

50,013

89,771

116,253

Mar '13

Mar '12

Mar '11

Mar '10

2.85

2.48

2.45

1.49

2.88

2.47

2.44

1.48

0.01

0.01

0.01

0.01

0.01

0.01

0.01

0.01

65.23

55.97

38.62

28.62

165.86

126.49

99.53

76.72

513.84

816.02

435.8

674.43

7,638.19

9,386.12

5,451.66

3,398.94

1.68

1.74

1.68

1.61

33.30

36.52

31.30

27.54

44.69

49.62

43.89

39.62

54.54

60.04

50.16

44.55

1.26

1.27

1.21

1.13

5.88

5.72

5.37

4.99

3.50

4.95

6.63

4.07

0.01

0.00

0.00

0.00

2.46

1.87

1.72

1.78

2.46

1.87

1.72

1.78

513.84

816.02

435.80

668.75

0.00

0.00

0.00

EV/EBIT
Current Ratio
Quick Ratio
Debt Equity Ratio
Long Term Debt Equity Ratio
Earnings Per Share
Book Value
Interest Cover
Inventory Turnover Ratio
Asset Turnover Ratio
ROA(%)
ROE(%)
ROCE(%)
Asset Turnover(x)
Sales/Fixed Asset(x)
Working Capital/Sales(x)
Total Debt/Equity(x)
Current Ratio(x)
Quick Ratio(x)
Interest Cover(x)
Total Debt/Mcap(x)

Mar '14
17.16
3.18
3.16
--94.17
224.9
1006.74
7546.43
1.68
36.94
48.29
61.29
1.29
6.31
2.87
0.00
2.84
2.84
1006.74
0.00

Dividend Per Share

Dividend Payout Ratio Net Profit

PER(x)

Mar '13
19.31
2.85
2.88
0.01
0.01
65.23
165.86
513.84
7638.19
1.68
33.30
44.69
54.54
1.26
5.88
3.50
0.01
2.46
2.46
513.84
0.00

Mar '12
16.85
2.48
2.47
0.01
0.01
55.97
126.49
816.02
9386.12
1.74
36.52
49.62
60.04
1.27
5.72
4.95
0.00
1.87
1.87
816.02
0.00

Mar '11
26.20
2.45
2.44
0.01
0.01
38.62
99.53
435.8
5451.66
1.68
31.30
43.89
50.16
1.21
5.37
6.63
0.00
1.72
1.72
435.80
0.00

Mar '10
23.44
1.49
1.48
0.01
0.01
28.62
76.72
674.43
3398.94
1.61
27.54
39.62
44.55
1.13
4.99
4.07
0.00
1.78
1.78
668.75
0

32

22

25

14

20

33.97

33.72

44.66

36.24

69.88

22.60

24.10

20.87

30.62

27.28