TCS, a major player in the Indian IT industry, has been making headlines with its impressive financial performance as the world economy continues to recover from the pandemic-induced downturn. The company’s profit after tax (PAT) and income have both increased steadily over the past five years, with a compound annual growth rate (CAGR) of 7.4% and 9.6%, respectively. Tata Consultancy Services (TCS), the largest exporter of software services from India, stated that its March quarter revenue increased by 16.9% year over year (YoY) to Rs 59,162 crore and that its profit increased by 14.76% YoY to Rs 11,392 crore. The top and bottom line numbers fell short of street projections.TCS also disclosed a final dividend of Rs 24 per share during a board meeting. The operating margin for the big IT company was 24.5%, while net margin was 19.3%. With an all-time high number of significant acquisitions, its Q4 TCV of $10 billion brought the FY23 order book TCV to $34.1 billion. With such strong results, it makes sense why investors are considering TCS as a possible stock purchase. What does this IT powerhouse’s future hold, though? In this piece, we’ll examine TCS’s share price target for the years 2023 to 2030 and assess if it would be a wise addition to your portfolio.
Latest news about Tata Consultancy Services Ltd
➤Sanjeev Aggarwal, the global head of the BFSI CMO Initiative at Tata Consultancy Services, has recently announced his resignation.
➤According to an impartial study conducted by Whitelane Research and PA Consulting of CIOs from the major IT-spending companies in the nation, Tata Consultancy Services is the best IT service provider for UK customers. For the eighth time, TCS topped this survey’s results.
➤The Group of Ministers (GoM) has given its approval for the deployment of 1 lakh sites for the consortium led by Tata Consultancy Services (TCS) to roll out the fourth generation (4G) network for Bharat Sanchar Nigam Limited (BSNL).
➤Last week, market valuation increased by Rs 1,26,579.48 crore for eight of the top ten valued companies, with Reliance Industries and Hindustan Unilever Ltd. emerging as the largest gainers. The BSE benchmark increased by 973.61 points, or 1.59 percent, last week. Reliance Industries, Tata Consultancy Services (TCS), HDFC Bank, ICICI Bank, Hindustan Unilever, State Bank of India, HDFC, and Bharti Airtel were the only companies to have an increase in valuation, while ITC and Infosys saw a decline.
Below are the trading platforms that you can use to purchase Tata Consultancy Services Ltd shares:
➤ Zerodha
➤ Upstox
➤ Groww
➤ AngelOne
➤ ICICIDirect
| When | Maximum Price | Minimum Price |
| May 2023 | ₹3,115.57 | ₹2,396.59 |
| June 2023 | ₹3,738.68 | ₹2,875.91 |
| July 2023 | ₹4,486.42 | ₹3,451.09 |
| August 2023 | ₹4,935.06 | ₹3,796.20 |
| September 2023 | ₹5,181.81 | ₹3,986.01 |
| October 2023 | ₹4,935.06 | ₹3,796.20 |
| November 2023 | ₹5,428.56 | ₹4,175.82 |
| December 2023 | ₹6,079.99 | ₹4,676.92 |
The table shows the predicted TCS share prices for each month of the year 2023, with maximum and minimum prices indicated. It is important to note that these predictions are based on various factors such as market trends, company performance, and economic indicators. The maximum price of TCS shares is predicted to be ₹6,079.99 in December 2023, while the minimum price is expected to be ₹2,396.59 in May 2023. Overall, the trend appears to be bullish, with an upward trajectory expected throughout the year. The growth percentage is expected to be substantial, with a potential increase of over 100% from the minimum price to the maximum price.
| When | Maximum Price | Minimum Price |
| January 2024 | ₹6,399.99 | ₹4,923.07 |
| February 2024 | ₹7,191.00 | ₹5,992.50 |
| March 2024 | ₹7,569.47 | ₹6,154.04 |
| April 2024 | ₹6,881.34 | ₹5,293.34 |
| May 2024 | ₹5,734.45 | ₹4,411.12 |
| June 2024 | ₹6,881.34 | ₹5,293.34 |
| July 2024 | ₹5,849.14 | ₹4,534.22 |
| August 2024 | ₹6,434.05 | ₹5,106.39 |
| September 2024 | ₹6,755.76 | ₹5,196.74 |
| October 2024 | ₹7,947.95 | ₹6,113.81 |
| November 2024 | ₹8,345.35 | ₹6,419.50 |
| December 2024 | ₹8,512.25 | ₹6,547.89 |
The predicted TCS share prices for the year 2024 indicate a potential return on investment for investors. The maximum share price target for the year is ₹8,512.25, expected in December 2024, while the minimum share price target is ₹4,411.12 in May 2024. The trend appears to be bullish for the first half of the year, with a slight bearish trend predicted in the latter half. The share prices are expected to fluctuate throughout the year, with a potential increase of over 90% from the minimum price to the maximum price. Overall, the predicted share prices for TCS in 2024 suggest the potential for a profitable return on investment, but investors should exercise caution and make informed decisions.
| When | Maximum Price | Minimum Price |
| January 2025 | ₹8,682.50 | ₹6,678.84 |
| February 2025 | ₹9,139.47 | ₹7,030.36 |
| March 2025 | ₹9,596.44 | ₹7,381.88 |
| April 2025 | ₹8,568.25 | ₹6,590.96 |
| May 2025 | ₹7,789.32 | ₹5,991.79 |
| June 2025 | ₹8,568.25 | ₹6,590.96 |
| July 2025 | ₹8,160.24 | ₹6,277.11 |
| August 2025 | ₹8,500.25 | ₹6,538.66 |
| September 2025 | ₹8,925.26 | ₹6,865.59 |
| October 2025 | ₹9,460.78 | ₹7,277.52 |
| November 2025 | ₹10,123.04 | ₹7,786.95 |
| December 2025 | ₹10,325.50 | ₹7,942.69 |
The TCS share price target for 2025 shows a positive trend, with an average target of ₹8,796.70 for the year. The maximum share price target for the year is ₹10,325.50 in December 2025, while the minimum share price target is ₹5,991.79 in May 2025. The trend appears to be bullish for the first half of the year, with a slight bearish trend predicted in the latter half. The predicted upside potential for the stock appears to be favorable, and analysts may recommend buying or holding the stock based on these projections. Overall, the share price target for TCS in 2025 suggests potential for a profitable return on investment, but investors should exercise caution and make informed decisions.
| Year | Maximum Price | Minimum Price |
| 2023 | ₹6,079.99 | ₹2,396.59 |
| 2024 | ₹8,512.25 | ₹4,923.07 |
| 2025 | ₹10,325.50 | ₹6,590.96 |
| 2026 | ₹7,227.85 | ₹5,059.49 |
| 2027 | ₹6,143.67 | ₹4,300.57 |
| 2028 | ₹11,058.61 | ₹7,741.02 |
| 2029 | ₹22,716.09 | ₹15,901.26 |
| 2030 | ₹25,297.46 | ₹17,708.23 |
According to the given data, TCS’s share price target for 2026 ranges from a minimum of ₹5,059.49 to a maximum of ₹7,227.85. In 2027, the share price target ranges from a minimum of ₹4,300.57 to a maximum of ₹6,143.67. However, in 2028, the share price target significantly jumps to a maximum of ₹11,058.61 and a minimum of ₹7,741.02. In 2029 and 2030, the share price target continues to increase with a maximum target of ₹22,716.09 and ₹25,297.46 respectively, while the minimum target stands at ₹15,901.26 and ₹17,708.23. Based on the provided data, there seems to be a bullish trend for TCS in the long run. However, it’s important to note that these are just predictions and subject to various market and economic factors that could impact the actual performance of the company’s stock. It’s always recommended to consult with a financial advisor before making any investment decisions.
Financial Condition of Tata Consultancy Services Ltd: Last 5 years
| Narration | Mar-18 | Mar-19 | Mar-20 | Mar-21 | Mar-22 |
| Sales | 1,23,104.00 | 1,46,463.00 | 1,56,949.00 | 1,64,177.00 | 1,91,754.00 |
| Expenses | 90,588.00 | 1,06,957.00 | 1,14,840.00 | 1,17,631.00 | 1,38,697.00 |
| Operating Profit | 32,516.00 | 39,506.00 | 42,109.00 | 46,546.00 | 53,057.00 |
| Other Income | 3,642.00 | 4,311.00 | 4,592.00 | 1,916.00 | 4,018.00 |
| Depreciation | 2,014.00 | 2,056.00 | 3,529.00 | 4,065.00 | 4,604.00 |
| Interest | 52 | 198 | 924 | 637 | 784 |
| Profit before tax | 34,092.00 | 41,563.00 | 42,248.00 | 43,760.00 | 51,687.00 |
| Tax | 8,212.00 | 10,001.00 | 9,801.00 | 11,198.00 | 13,238.00 |
| Net profit | 25,826.00 | 31,472.00 | 32,340.00 | 32,430.00 | 38,327.00 |
| EPS | 67.46 | 83.87 | 86.18 | 87.67 | 104.74 |
| Price to earning | 21.12 | 23.87 | 21.19 | 36.25 | 35.71 |
| Price | 1,424.58 | 2,001.65 | 1,826.10 | 3,177.85 | 3,739.95 |
| RATIOS: | |||||
| Dividend Payout | 36.98% | 35.75% | 84.65% | 43.35% | 41.06% |
| OPM | 26.41% | 26.97% | 26.83% | 28.35% | 27.67% |
TCS, India’s largest IT services company, has seen impressive growth over the last five years. The company’s revenue has steadily increased from ₹1,23,104 crore in March 2018 to ₹1,91,754 crore in March 2022, representing a percentage growth of 55.8%. Similarly, the company’s net profit has also increased from ₹25,826 crore to ₹38,327 crore during the same period, with a percentage growth of 48.4%. TCS has maintained a strong operating profit margin (OPM) of around 26-28% over the years. However, the company experienced a dip in its profit in FY21 due to the pandemic. TCS has consistently paid dividends, with a payout ratio ranging from 35.75% to 84.65% over the last five years. The company’s earnings per share (EPS) has also increased from ₹67.46 to ₹115.79 during this period. With a price-to-earnings ratio ranging from 21.12 to 28.47, TCS’s share price has shown a maximum of ₹3,739.95 and a minimum of ₹1,424.58 over the last five years. The price-to-book ratio has decreased to 13.16 in May 2023. Overall, TCS’s profit and loss statement shows strong revenue growth, profit growth, and consistent dividend payouts, making it a good stock to consider for long-term investment.
Geojit has insisted to include Tata Consultancy Services Ltd in your portfolio with an expected price of Rs 3635.
Motilal Oswal has given a buy call on Tata Consultancy Services Ltd. According to him, you can continue buying Tata Consultancy Services Ltd share with a target price of Rs3810.
Jefferies has asked investors to Hold Tata Consultancy Services, adjusting its predicted price from Rs 3500 to Rs 3375.
With a projected price of Rs 3817, KR Choksey has told investors to purchase Tata Consultancy Services.
Everyone is advised by ICIC Securities to purchase Tata Consultancy Services at a projected price of Rs 3834.
JM Financial has suggested investors to hold Tata Consultancy Services with a price projection of Rs 3420.
FAQS
The current share price of TCS is subject to change as it depends on various market factors. Although it currently is Rs 3287.10.
The highest TCS share price in the last five years was ₹3,739.95 in March 2022.
The lowest TCS share price in the last five years was ₹1,424.58 in March 2018.
How has TCS performed financially in the last five years?
TCS has shown a steady increase in revenue and profit growth in the last five years.
It is difficult to predict the future share price of TCS, but it is possible that the company may reach a share price of 20000INR by 2025.
Factors that can affect TCS’s share price target in the future include global economic conditions, competition, government policies, and technological advancements.
Is TCS a good stock to buy?
TCS is a reputable and profitable company with a strong track record, making it a good stock to consider for long-term investment.
What is TCS’s dividend payout ratio?
TCS’s dividend payout ratio has varied over the years but has been around 40% in recent years.
An investor can keep track of TCS’s share price target through financial news and analysis, monitoring the company’s financial reports, and consulting with financial advisors.
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Conclusion
With a CAGR of 9.9% in sales and 8.8% in PAT over the past five years, TCS has, in conclusion, demonstrated outstanding progress. The company’s revenue increased at a CAGR of 8.8% over the same time frame. TCS had a remarkable performance in Q4 of FY 2020–21, as seen by its profit growth of 15.6% year over year. With a predicted maximum price of 25,297.46 and a projected minimum price of 5,059.49, the share price goal for TCS from 2023 to 2030 looks good. TCS is well-positioned to maintain its growth trajectory despite some short-term market turmoil, making it an excellent long-term investment. For investors looking for growth and with an average target price of 4,220.93 and an upside potential of 12.7%, TCS shares are well worth examining.
What did we learn?
- 1 Latest news about Tata Consultancy Services Ltd
- 2 How to purchase Tata Consultancy Services Ltd shares?
- 3 Tata Consultancy Services Ltd Share Price Prediction: 2023 to 2030.
- 4 Tata Consultancy Services Ltd Share Price Prediction 2023.
- 5 Tata Consultancy Services Ltd Share Price Prediction 2024.
- 6 Tata Consultancy Services Ltd Share Price Prediction 2025.
- 7 Tata Consultancy Services Ltd Share Price Prediction 2026-2030.
- 8 Financial Condition of Tata Consultancy Services Ltd: Last 5 years
- 9 Tata Consultancy Services Ltd share price target by Experts
- 9.1 Geojit on Tata Consultancy Services Ltd share price target
- 9.2 Motilal Oswal on Tata Consultancy Services Ltd share price target
- 9.3 Jefferies on Tata Consultancy Services Ltd share price target
- 9.4 KR Choksey on Tata Consultancy Services Ltd share price target
- 9.5 ICICI Securities on Tata Consultancy Services Ltd share price target
- 9.6 JM Financial on Tata Consultancy Services Ltd share price target
- 10 FAQS
- 10.1 What is the current share price of TCS?
- 10.2 What was the highest TCS share price in the last five years?
- 10.3 What was the lowest TCS share price in the last five years?
- 10.4 How has TCS performed financially in the last five years?
- 10.5 Can TCS reach a share price of 20000INR by 2025?
- 10.6 What are some of the factors that can affect TCS’s share price target in the future?
- 10.7 Is TCS a good stock to buy?
- 10.8 What is TCS’s dividend payout ratio?
- 10.9 How can an investor keep track of TCS’s share price target?
- 10.10 ALSO READ:
- 11 Conclusion
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