Tata Consultancy Services is an IT services, consulting and business solutions organization that has been partnering with many of the world’s largest businesses in their transformation journeys for the last fifty years. TCS offers a consulting-led, cognitive powered, integrated portfolio of IT, business & technology services, and engineering. This is delivered through its unique location independent agile delivery model, recognized as a benchmark of excellence in software development.
The company has domain expertise in a broad set of industries, comprising Banking, Financial Services and Insurance, Retail and CPG, Communication & Media, Manufacturing, Life Sciences & Healthcare, Energy & Utilities, Travel & Hospitality, Technology & Services and others.
Geographically, TCS operates in all five continents, with North America and Europe constituting the largest markets for our services. We derive over a fifth of our revenues from emerging markets such as India, Asia-Pacific, Latin America and Middle-East & Africa.
TCS was established in 1968 as a division of Tata Sons Limited. TCS was corporatized into a separate company with effect from 1st April 2004. Following a hugely successful IPO in July 2004, it was listed on the NSE and BSE on August 25, 2004.
As of March 31, 2026, TCS employed 584,519 professionals.
TCS is headquartered in Mumbai, India, and has a global presence in 50 countries with 187 Solution centers in 19 countries. Learn more about TCS' offices in different countries.
The mailing address of TCS’ registered office is:
9th Floor, Nirmal Building
Nariman Point
Mumbai 400 021
Fax: 91 22 6778 9660
CIN L22210MH1995PLC084781
TCS is a Listed publicCompany incorporated under the provisions of Companies Act, 1956. The CIN provided by Ministry of Corporate Affairs is L22210MH1995PLC084781
TCS follows a financial year that begins on April 1 and ends on March 31.
Q4 FY2026 |
As per IFRS (INR Mn) |
As per IFRS ($ Mn) |
Revenue |
706,980 |
$7,621 |
Net Income |
137,180 |
$1,479 |
FY2026 |
As per IFRS (INR Mn) |
As per IFRS ($ Mn) |
Revenue |
2,670,210 |
$30,017 |
Net Income |
528,200 |
$5,938 |
Internal Auditors: PricewaterhouseCoopers Services LLP (PWC)
Statutory Auditors: B S R & Co. LLP
TCS' current credit ratings* are as below:
Credit Rating Agency |
Moody's |
ICRA |
Fitch |
Long term credit rating |
Baa1 |
AAA |
A |
Outlook long term credit rating |
Stable |
Stable |
Stable |
* TCS provides the credit ratings for information purposes only. TCS does not endorse the agencies providing the ratings or their views and does not accept any responsibility for their accuracy.
You can find the TCS' Investor Relations Presentation in the "Management Commentary" section of the Investor page on our website.
Details of all acquisitions done by TCS in the last 15 years are as below:
Name of acquired company |
Based in |
Acquisition cost ($ Mn) |
Acquisition date |
Business of acquired company |
|---|---|---|---|---|
Swedish Indian IT Resources AB (SITAR) |
Sweden |
$5 |
1-May-05 |
IT Services |
Tata Infotech Ltd |
India |
$67 |
14-Jul-05 |
IT services |
Pearl group BPO |
United Kingdom |
$95 |
1-Oct-05 |
Life Insurance policy administration |
FNS |
Australia |
$26 |
20-Oct-05 |
Core banking software |
Comicrom S.A., Chile |
Chile |
$23 |
1-Nov-05 |
Payment processing |
TKS-Teknosoft |
Switzerland |
$81 |
2-Nov-06 |
Wholesale banking software |
TCS Management |
Australia |
$12 |
8-Nov-06 |
Consultancy |
Citigroup Global Services Ltd |
India |
$512 |
8-Oct-08 |
Banking back office processing |
SUPERVALU |
India |
$100 |
16-Oct-10 |
IT services captive |
Computational Research Laboratories Ltd |
India |
$34 |
15-Aug-12 |
High performance computing |
Alti SA |
France |
$98 |
8-Apr-13 |
IT services |
IT Frontiers |
Japan |
N/A |
21-Apr-14 |
IT services |
W12 Studios Ltd |
United Kingdom |
N/A |
1-Nov-18 |
Design studio |
BridgePoint Group LLC |
United States |
N/A |
28-Nov-18 |
Consultancy |
Postbank Systems |
Germany |
N/A |
9-Nov-20 |
IT Services |
Pramerica Systems Ireland Ltd |
Ireland |
N/A |
12-Nov-20 |
IT Services |
TCS made an initial public offer in July 2004 and its shares were listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) in India on August 25, 2004. The shares of the Company were issued at a face value of Re 1 per share and a share premium of Rs 849 per share. There has been no follow-on offering from the Company.
TCS’ equity shares are listed in India on the National Stock Exchange (NSE: TCS) and the Bombay Stock Exchange (BSE: 532540).
TCS’ ISIN code is INE467B01029
As of March 31, 2026, TCS had 3,618,087,518 shares outstanding.
The history of bonus issues (stock splits) at TCS is listed below :
Year |
Bonus share issue |
Stock split ratio |
Effective Date |
|---|---|---|---|
2006 |
1:1 |
2 for 1 |
August 9, 2006 |
2009 |
1:1 |
2 for 1 |
June 18, 2009 |
2018 |
1:1 |
2 for 1 |
June 4, 2018 |
The history of buyback at TCS is listed below :
Date of announcement of Buyback |
Share % of paid-up capital bought back |
Share Buyback price |
Total Buyback Amount |
Date of extinguishment of shares |
|---|---|---|---|---|
Feb 20, 2017
|
2.85%
|
₹ 2,850*
|
₹ 16,000 crore |
Jun 8, 2017
|
Jun 15, 2018
|
1.99%
|
₹ 2100 | ₹ 16,000 crore |
Sep 26, 2018 |
Oct 07, 2020
|
1.42%
|
₹ 3,000
|
₹ 16,000 crore
|
Jan 6, 2021
|
Jan 12, 2022
|
1.08%
|
₹ 4,500
|
₹ 18,000 crore
|
Mar 29, 2022
|
Oct 11, 2023 |
1.12% |
₹ 4,150 |
₹ 17,000 crore |
Dec 13, 2023 |
* Price not adjusted for subsequent bonus issue.
The annual dividend history at TCS, not adjusted for stock splits, since listing is given below:
| Year | FY 2005 |
FY 2006 |
FY 2007 |
FY 2008 |
FY 2009 |
FY 2010 |
FY 2011 |
FY 2012 |
FY 2013 |
FY 2014 |
FY 2015 |
FY 2016 |
FY 2017 |
FY 2018 |
FY 2019 |
FY 2020 |
FY 2021 |
FY 2022 |
FY 2023 |
FY 2024 |
FY 2025 |
| Dividend/Share (₹) | 11.50 | 13.50 | 13 | 14 | 14 | 20* | 14 | 25* | 22 | 32 | 79* | 43.50 | 47 | 50 | 30 | 73* | 38 | 43 | 115 * | 73* | 126* |
* Includes Special Dividend of ₹10,₹8, ₹40, ₹40, ₹67, ₹18 and ₹66 for FY 2010, FY 2012, FY 2015, FY 2020, FY 2023, FY 2024 and FY 2025 respectively
You can find the record date / payment date for the dividends announced by us in the "Dividend Payment Details" section of the Investor page on our website. These details are also notified to the stock exchanges on the same day of the announcement of the dividend and available on the BSE and NSE websites.
The quiet period at TCS begins ten days before the end of every quarter and lasts until the day of that quarter’s earnings release. During this period, the company’s management refrains from communicating with market participants
The Annual General Meeting (AGM) is generally held in month of June. The formal announcement will be published on the Investors page of our website, closer to the event. If you are a shareholder, you will receive a formal notice of the meeting, containing details of the date, time and venue, alongside the Annual Report.
TCS’ shares can be purchased on the open market in India through either a stock broker or any financial institution that provides brokerage services at the BSE or NSE. TCS does not offer a direct stock purchase plan.
No. The Company does not have any such program at present.
No. The Company does not accept fixed deposits.
For physical holdings, please send a letter, duly signed by the first holder, stating the new address and folio numbers of the shares you own to our Share Registrar, MUFG Intime India Private Limited (mailing address in the Investor Contacts section). A computerized acknowledgement will be sent to your new address confirming the updation of the change in our records.
In the case of dematerialized holdings, please write to your Depository Participant (DP) intimating them of the change and ask for a confirmation that their records reflect the new address.
Please write to our Share Registrar, MUFG Intime India Private Limited (mailing address in the Investor Contacts section) with details of folio numbers (in the case of physical holdings) or the DP ID and account number in the case of dematerialized holdings. After verification, they will issue a fresh cheque.
To avoid this problem in the future, you can use the ECS facility in which the dividend amount is automatically credited to the bank account of your choice. To avail of this facility, give your request to MUFG Intime India Private Limited in writing.
Also, you might consider dematerializing your holdings through a reliable Depository Participant. This would not only eliminate the issues of storage and risk of loss of paper certificates but also ensure automatic crediting of dividends to your bank account. Click on the links to the see the list of Depository Participants empaneled with each of the two depositories in India – NSDL and CDSL.
Statutory information detailed in the Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Rules, 2016, are available here:
Pursuant to the applicable provisions of the Companies Act, 2013, the dividend declared by the Company, which is not claimed by the shareholders within 30 days from the date of the declaration, is required to be transferred to the Unpaid Dividend Account and the details of the shareholders, whose dividend is transferred, is required to be uploaded on the website of the Company. The dividend lying in this Unpaid Dividend Account can be claimed by the shareholders by writing to the Registrar and Transfer Agent - MUFG Intime India Private Limited (mailing address in the Investor Contacts section) with details of folio number (in case of physical holdings) or the DP ID/Client ID (in case of dematerialized holdings).
The details of the shareholders whose unclaimed dividends were transferred to Unpaid Dividend Account are available here:
Pursuant to the applicable provisions of the Companies Act, 2013 and the provisions of Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Rules, 2016 (“the Rules”) notified by the Ministry of Corporate affairs effective September 7, 2016, all unpaid or unclaimed dividends are required to be transferred by the Company to the Investor Education and Protection Fund (“IEPF”) established by the Central Government, after completion of seven years. The Rules, inter alia, contain provisions for transfer of all shares in respect of which dividend has not been paid or claimed by the shareholders for seven consecutive years or more in the name of IEPF suspense account. Prior to transfer of shares, the Company is required to inform the shareholder concerned regarding transfer of shares three months before the due date of transfer of shares and also simultaneously publish a notice in the leading newspaper in English and regional language having wide circulation informing the concerned that the names of such shareholders and their folio number or DP ID - Client ID are available on their website. For details of the reminder letters sent to shareholders and copy of advertisement published, please click here.
Details of shareholders' dividend outstanding for 7 consecutive years
Pursuant to Section 124 read with Rule 7 of the Investor Education and Protection Fund (IEPF) Authority (Accounting, Audit, Transfer and Refund) Rules, 2016, a shareholder may claim the shares and unclaimed dividend so transferred to the IEPF Authority by making an application in form IEPF 5.
The procedure to claim the share(s) and dividend(s) is available here.
Pursuant to the amendment to SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, it is mandatory to transfer or sell securities in dematerialized form from April 1, 2019.For more details, kindly refer to our page on "Mandatory Dematerialization of shares" here.
As per SEBI circular dated November 3, 2021 below forms are required to be submitted to our Registrar and Transfer Agents (RTA), MUFG Intime India Private Limited (mailing address in the Investor Contacts section):
ISR 1 - Register/ Change PAN and KYC Details
ISR 2 - Confirmation of signature of securities holder by Bank
ISR 3 - Declaration for opting out of Nomination
ISR 4 – Request for issue of Duplicate Certificate and other Service Requests
SH 13 – Registration of Nomination
SH 14 – cancellation or variation of Nomination
Please use any one of the following mode for submission of documents to the RTA:
Shareholders are also requested to link their PAN with Aadhaar card before March 31, 2022 or any other date as may be notified in this regard by Central Board of Direct Taxes. PAN linked to Aadhaar is only considered as valid and will be registered.
As per SEBI circular, the folios wherein any one of the cited document / details are not available on or after April 01, 2023, shall be frozen by the RTA.
NOTE – The aforesaid SEBI circular is available here
Yes. Dividend income is taxable in the hands of shareholders.
Illustration 1
Dividend received exceeds ₹10,000 in the first instance - TDS applicability as under:
All figures in (₹)
Particulars |
Tax Year |
Dividend |
Dividend |
Cumulative Dividend |
TDS |
TDS |
Net Dividend paid |
Final Dividend |
2026-27 |
July 1, 2026 |
12,000 |
12,000 |
10% |
1200 |
10,800 |
1st Interim Dividend |
2026-27 |
August 1, 2026 |
6,000 |
18,000 |
10% |
600 |
5,400 |
2nd Interim Dividend |
2026-27 |
November 1, 2026 |
5,000 |
23,000 |
10% |
500 |
4,50 |
Illustration 2
Dividend crossing ₹10,000 during the tax year – TDS applicable from that payment onwards
All figures in (₹)
Particulars |
Tax Year |
Dividend |
Dividend |
Cumulative |
TDS Rate |
TDS Amount (₹) |
Net Dividend Paid (₹) |
Final Dividend |
2026–27 |
July 1, 2026 |
5,000 |
5,000 |
NA |
Nil |
5,000 |
1st Interim Dividend |
2026–27 |
August 1, 2026 |
4,000 |
9,000 |
NA |
Nil |
4,000 |
2nd Interim Dividend |
2026–27 |
November 1, 2026 |
7,000 |
16,000 |
10% |
1,600 |
5,400 |
Yes. Dividend income paid to resident non‑individual shareholders is subject to TDS without any threshold limit. TDS will be deducted at 10%, provided PAN is updated with the Company / Depository otherwise, TDS rate will be 20%.
In case of resident shareholders, the rate of TDS would not be increased by surcharge and cess.
Yes. A resident individual whose estimated total income (including dividend income) attracts nil tax may request the Company not to deduct TDS by submitting a declaration in Form No. 121, subject to meeting the prescribed conditions.
Please Note: Companies, partnership firms, and non‑resident shareholders are not eligible to submit these forms.
Click here to submit duly completed and signed Form 121.
The duly completed and signed Form 121 should be submitted at the beginning of each tax year or at least 5 days before the Record Date for the dividend payment in order to verify and record the exemption.
Forms submitted after the specified date will not be considered for the current dividend and will be applicable only to subsequent dividends, if any, declared by the Company during the year.
TDS credits will be reflected in:
The credit in these forms will be available only after the Company files its quarterly TDS return and the same is processed by the tax authorities.
For the period upto FY 2025-26:
Shareholders can view the tax deducted at source (TDS) on dividend income through Form 26AS available on the Income‑tax Department website:
Steps to access Form 26AS:
Please download the TDS certificate(s) from eTDS portal
Dividend paid to non‑resident shareholders is subject to withholding tax at 20% (plus applicable surcharge and cess) under the Income‑tax Act, 2025. Where a lower rate is available under an applicable tax treaty (DTAA), such rate will be applied subject to submission of prescribed documents.
Please note that There is no minimum exemption limit. Tax is deducted on the entire dividend amount.
Yes, in case of non-resident shareholders the rate of 20% would be increased by applicable Surcharge and Cess based on the status of the non-resident.
The rate of surcharge on dividend income for non‑resident shareholders depends on their status and total income.
For Non‑resident Individuals, Association of Persons (AOP), Body of Individuals (BOI) and Trusts:
Income Slab |
Rate of Surcharge |
more than INR 50 Lacs but not exceeding INR 1 Crore |
10% |
above INR 1 Crore |
15% |
For Non-resident firms:
Income Slab |
Rate of Surcharge |
above INR 1 Crore |
12% |
For Non-resident corporates:
Income Slab |
Rate of Surcharge |
more than INR 1 Crore but not exceeding INR 10 Crores |
2% |
above INR 10 Crores |
5% |
The above surcharge is applied on the basic withholding tax rate, along with applicable health and education cess
Non‑resident shareholders (including FIIs/FPIs) who are tax residents of countries which have signed Double Taxation Avoidance Agreement with India are eligible for a relief of concessional rate of TDS as per the Tax Treaty (if any) in accordance with the Income‑tax Act, 2025 and applicable rules.
To claim the concessional tax treaty rate, submit below documents:
In the absence of valid documents, tax will be deducted at the applicable domestic rate.
Non‑resident shareholders seeking to claim a concessional tax treaty rate should submit the required documents at the beginning of each tax year or at least 5 days before the Record Date for the dividend payment in order to verify and record the exemption.
lf the required documents are not submitted by the aforesaid time the same will be recorded for the subsequent dividends that may be declared by the Company during the year.
TDS credits will be reflected in:
The credit in these forms will be available only after the Company files its quarterly TDS return and the same is processed by the tax authorities.
For the period upto FY 2025-26:
Shareholders can view the tax deducted at source (TDS) on dividend income through Form 26AS available on the Income‑tax Department website :
Steps to access Form 26AS:
Please download the TDS certificate(s) from eTDS portal