BAJAJ BROKING
Order Book & Revenue:
Growth by Region:
Growth by Vertical:
Profitability:
Net Income:
Category | Metrics |
Client Metrics | - 62 clients in the $100 Mn+ band (+2 YoY) |
- 139 clients in the $50 Mn+ band (+6 YoY) | |
Employee Metrics | - Employee Headcount: 601,546 |
- Diversity: 152 nationalities; 35.6% women | |
- IT Services Attrition (LTM): 12.5% | |
Talent Development | - 5 million competencies acquired |
- Number of Contextual Masters: 73,000 | |
Financials | - Free Cash Flow: $5.3 Bn |
- Shareholder payout: $5.6 Bn (dividends and buyback) |
Q4 FY 2024: Quarterly Highlights
Category | Metrics |
Revenue | - $7.36 Bn, +2.3% YoY (Constant Currency: 2.2%) |
Growth by Region | - India: +37.9% |
- UK: +6.2% | |
- Manufacturing: +9.7% | |
Margins | - Operating Margin: 26.0% (YoY expansion of 150 bps) |
- Net Margin: 20.3% (YoY expansion of 100 bps) | |
Net Income | - $1.5 Bn, +8.0% YoY |
Cash Conversion | - Operating Cash Flow: 100.4% of Net Income |
Dividend | - Final Dividend per share (proposed): ₹28 |
Consolidated Statements of Comprehensive Income (Annual)
For the year ended March 31, 2023, and March 31, 2024 (In millions of $, except per share data)
Description | March 31, 2023 | March 31, 2024 (Reported) | March 31, 2024 (Ex Adj*) |
Revenue | 27,927 | 29,080 | 29,080 |
Cost of Revenue | 16,884 | 17,335 | 17,335 |
Gross Margin | 11,043 | 11,745 | 11,745 |
SG & A Expenses | 4,329 | 4,702 | 4,587 |
Operating Income | 6,714 | 7,043 | 7,158 |
Other Income (Expense), Net | 332 | 441 | 451 |
Income Before Income Taxes | 7,046 | 7,484 | 7,609 |
Income Taxes | 1,808 | 1,919 | 1,963 |
Income After Income Taxes | 5,238 | 5,565 | 5,646 |
Non-controlling Interests | 19 | 23 | 23 |
Net Income | 5,219 | 5,542 | 5,623 |
Earnings per Share in $ | 1.43 | 1.52 | 1.54 |
*Excludes settlement of a legal claim
Consolidated Statements of Comprehensive Income (Quarterly)
For the three-month periods ended March 31, 2023, and March 31, 2024 (In millions of $, except per share data)
Description | March 31, 2023 | March 31, 2024 |
Revenue | 7,195 | 7,363 |
Cost of Revenue | 4,307 | 4,334 |
Gross Margin | 2,888 | 3,029 |
SG & A Expenses | 1,127 | 1,115 |
Operating Income | 1,761 | 1,914 |
Other Income (Expense), Net | 110 | 113 |
Income Before Income Taxes | 1,871 | 2,027 |
Income Taxes | 481 | 523 |
Income After Income Taxes | 1,390 | 1,504 |
Non-controlling Interests | 5 | 8 |
Net Income | 1,385 | 1,496 |
Earnings per Share in $ | 0.38 | 0.41 |
Consolidated Statements of Financial Position
As of March 31, 2023, and March 31, 2024 (In millions of $)
Assets/Liabilities | March 31, 2023 | March 31, 2024 |
Assets |
|
|
Property and Equipment | 1,410 | 1,346 |
Right-of-use Assets | 919 | 946 |
Intangible Assets and Goodwill | 593 | 539 |
Accounts Receivable | 5,010 | 5,343 |
Unbilled Revenues | 1,816 | 1,834 |
Invested Funds | 6,058 | 5,633 |
Other Current Assets | 805 | 1,092 |
Other Non-current Assets | 1,117 | 1,083 |
Total Assets | 17,728 | 17,816 |
Liabilities and Shareholders' Equity |
|
|
Shareholders' Funds | 11,252 | 11,104 |
Current Liabilities | 5,297 | 5,529 |
Non-current Liabilities | 1,082 | 1,082 |
Non-controlling Interests | 97 | 101 |
Total Liabilities | 17,728 | 17,816 |
Tata Consultancy Services (TCS) is a global leader in IT services, consulting, and business solutions, headquartered in Mumbai, India. As part of the prestigious Tata Group, TCS offers a wide array of services, including IT and business consulting, digital and technology solutions, and outsourcing services. Established in 1968, TCS has grown to become one of the most valuable IT services brands worldwide. The company operates in multiple industries such as banking, healthcare, manufacturing, and telecommunications, delivering technology-driven services to facilitate digital transformations for its clients. TCS is known for its deep industry expertise, commitment to innovation, and a rich heritage of corporate responsibility. With a workforce that spans across multiple countries, TCS is also noted for its diverse and inclusive work environment.
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