TCS Consolidated
(unaudited)
KEY FINANCIAL AND OPERATING METRICS
Contents
Income Statement and Balance Sheet - Consolidated,
Income Statement and Balance Sheet - Consolidated,
Income Statement and Balance Sheet - Consolidated,
Income Statement and Balance Sheet - Consolidated,
Operating Metrics
Revenue Distribution by Geography
Revenue Distribution by Service Practice
Revenue Distribution by Industry Practice
Revenue by Contract Type
Revenue by Delivery Location
Currency Mix
Average Realized Rates
Client Metrics
Employee Metrics
Revenue Growth in Constant Currency
Unaudited
Unaudited
Unaudited
Unaudited
as
as
as
as
per
per
per
per
IFRS (USD Mn)
US GAAP (USD Mn)
IFRS (INR Mn)
US GAAP (INR Mn)
Sheet
1
2
3
4
5
5
5
5
5
5
5
5
5
5
5
TCS Consolidated Income Statement as per IFRS - USD
Mn
FY11
Revenue
Information Technology and Consultancy Services
7,907
Sale of Equipment and Software Licenses
280
8,187
Employee cost
3,185
Fees to External Consultants
309
Cost of Equipment and Software Licenses
235
Depreciation
108
Travel
126
Communication
90
Facility Expenses
209
Other Expenses
219
Total Cost of Revenues
4,481
Gross Profit
3,706
Employee Cost
943
Fees to External Consultants
40
Provision for Doubtful Debts
(16)
Depreciation
50
Facility Expenses
132
Travel
77
Communication
31
Education, Recruitment and Training
45
Marketing and Sales Promotion
38
Other Expenses
67
Total Operating Expenses
1,408
Operating Income
2,299
Other Income/(Exp )
118
Income before Income Tax
2,416
Income tax
475
Income after income tax
1,941
Non Controlling Interest
Total Revenue
Operating Expenses
Selling, General and Administrative Expenses
(26)
Net profit
1,915
Basic and Diluted EPS (after adjusting for bonus shares)
0.97
Weighted average no of shares used in computing Basic
and Diluted EPS
1,957,220,996
Back
TCS Consolidated Balance Sheet as per IFRS - USD Mn
FY11
FY11
Period Ending
ASSETS
Current Assets
Cash and Cash Equivalents
349
Bank Deposits
713
Trade Receivables
1,838
Investments
155
Other Current Financial Assets
164
Unbilled Revenue on Contracts
303
Current Income Tax Assets
51
Other Current Assets
256
3,827
Bank Deposits
606
Investments
258
Other Non Current Financial Assets
129
Non Current Income Tax Assets
202
Deferred Income tax Assets
265
Property, plant and Equipment
1,166
Other Intangible Assets
43
Goodwill
722
Other Non-Current Assets
101
Total Non Current Assets
3,491
Total Assets
7,318
Total Current Assets
Non Current Assets
LIABILITIES AND SHAREHOLDER'S EQUITY
Current Liabilities
Trade and Other Payables
579
Borrowings
Mandatorily Redeemable Preference shares
22
Other current financial liabilities
186
Unearned and Deferred Revenue
173
Employee benefit obligations
118
Other provisions
Current Income Tax Liabilities
89
Other Current Liabilities
124
1,300
Borrowings
Other non current financial liabilities
53
Employee benefit obligations
31
Deferred Income Tax Liabilities
127
Other Non-Current Liabilities
25
Total Non-Current Liabilities
245
Total Liabilities
1,545
Share Capital
44
Share Premium
427
Retained Earnings
5,155
Accumulated Other Comprehensive Income/(Loss)
76
Total Shareholders' Equity attributable to TCS Ltd
5,702
Non Controlling Interests
71
Total Liabilities and Shareholders' Equity
7,318
Total Current Liabilities
Non Current Liabilities
Other provisions
Shareholders' Equity
Notes:
From 1QFY12, Consolidated Financial Statements are being prepared in accordance with the International Fin
On April 4, 2014, the Company announced that it has chosen to apply IFRS 9 w.e.f April 1, 2013, much ahead
* For Detailed schedules and Notes to Accounts, please visit www.tcs.com/investors/financial_info
** Ex-Adj excludes One time Special Employee Rewards of $ 423 Mn in 4QFY15 and FY15. Numbers including
Back
FY12
FY13
FY14
9,852
11,244
13,167
319
325
275
10,171
11,568
13,442
3,911
4,377
4,984
455
638
820
278
281
243
121
123
141
145
163
175
97
98
98
244
247
272
259
303
347
5,509
6,229
7,079
5,339 $
6,363
4,661 $
1,236
1,476
1,677
53
58
63
10
16
67
75
77
158
180
185
105
135
161
38
43
46
46
45
49
47
46
59
100
148
125
1,855
2,216
2,457
3,906
2,806 $
3,124 $
99
199
264
2,905 $
3,323 $
4,170
657
741
$
$
996
2,248 $
2,582 $
3,174
(24) $
(28) $
(35)
2,223 $
2,554 $
1.14
1.31
1,957,220,996
3,139
1,957,220,996
1.60
1,958,100,069
FY12
FY13
FY14
FY12
FY13
31-Mar-14
391
339
245
752
915
2,160
2,258
2,594
3,035
158
200
194
305
900
571
441
578
667
197
270
276
4,503
5,798
7,153
543
446
246
132
175
383
170
117
291
291
356
511
346
394
384
1,267
1,508
1,726
34
26
30
652
619
663
121
122
89
3,558
3,764
4,321
8,061 $
9,563
11,473
607
786
922
19
28
19
18
172
203
211
162
178
175
126
148
174
80
75
112
144
188
216
1,312
1,615
1,844
23
24
21
68
64
73
43
64
46
18
85
90
93
38
49
51
256
290
302
1,569
1,905 $
2,146
44
44
44
427
427
428
6,523
8,025
10,289
(605) $
(959) $
(1,548)
6,389 $
7,537 $
104
121
115
8,061 $
9,563
11,473
9,213
ance with the International Financial Reporting Standards (IFRS) as issued by the International Accounting Standards Bo
w.e.f April 1, 2013, much ahead of its mandatory adoption, because we believe the new standard is better aligned with o
stors/financial_info
and FY15. Numbers including the one time adjustment are mentioned in the impacted Cell Comments.
FY15
1Q16
EX-ADJ **
$
15,137
3,925
317
111
15,454
4,036
5,926
1,583
998
271
303
104
208
51
238
55
123
33
354
82
428
96
8,577
2,275
6,877
1,761
1,930
507
86
19
26
98
20
166
46
154
40
50
11
38
69
15
110
29
2,727
700
4,150
1,061
513
121
4,663
1,183
1,087
275
3,576
908
(35) $
10
3,541
898
1.81
0.46
1,958,727,979
1,958,727,979
FY15
1Q15
31-Mar-15
30-Jun-15
298
384
2,618
2,357
3,266
3,430
244
936
434
327
612
633
12
335
366
7,819
8,440
80
79
37
40
370
311
654
637
397
423
1,849
1,826
35
32
593
594
145
122
4,159
4,063
11,978
12,503
1,411
957
39
47
190
949
170
175
217
230
17
15
87
177
214
447
2,345
2,998
18
15
106
95
33
35
15
16
66
87
65
66
302
314
2,647
3,312
44
44
428
428
10,670
10,679
(1,956) $
(2,112)
9,185
9,038
146
153
11,978
12,503
International Accounting Standards Board (IASB)
e new standard is better aligned with our risk management policy and practice than the earlier IAS 39 standard. In acco
pacted Cell Comments.
arlier IAS 39 standard. In accordance with the transition provisions set out in IFRS 9, we have restated the Net Foreign E
ve restated the Net Foreign Exchange Gains / Losses as reported under IAS 39 from 1Q FY12 till 3Q FY14. The cells impa
2 till 3Q FY14. The cells impacted by this restatement are colored light blue. For more details, please refer to Notes to A
ls, please refer to Notes to Accounts to our Financial Statements.
TCS Consolidated Income Statement as per US GAAP - USD
Mn
FY07
Revenue
Information Technology and Consultancy Services
3,930
Sale of Equipment and Software Licenses
194
4,125
Employee cost
1,831
Cost of Equipment and Software Licenses
150
Depreciation
65
Travel
56
Communication
34
Rent
36
Other Costs
136
Total Cost of Revenues
2,307
Gross Profit
1,818
Employee Cost
418
Provision for Doubtful Debts
Depreciation
31
Rent
40
Travel
57
Communication
24
Education, Recruitment and Training
29
Professional Fees
31
Other Costs
148
Research and Development
10
Total Operating Expenses
793
Operating Income
1,025
Other Income/(Exp )
48
Income before Income Tax
1,073
Income tax
149
Income after income tax
924
Total Revenue
Operating Expenses
Selling, General and Administrative Expenses
Non Controlling Interest
(9)
Equity in Net Earnings of Affialiates
Net profit
915
EPS (after adjusting for bonus shares)
0.47
Weighted average no of shares used in computing EPS
978,610,498
Back
TCS Consolidated Balance Sheet as per US GAAP - USD Mn
FY07
FY07
Period Ending
ASSETS
Current Assets
Cash and Cash Equivalents
Bank Deposits
Account Receivables
991
Unbilled Revenue on Contracts
180
Inventories
10
Prepaid Expenses and Other Receivables
250
1,713
Total Current Assets
283
Non Current Assets
Investments in debentures issued by Tata Sons and its subsidiaries
Investments
291
Equity Method Investment in Affiliates
Property, Plant and Equipment
527
Other Intangible Assets
97
Goodwill
224
Other Non-Current Assets
140
Total Non Current Assets
1,281
Total Assets
2,994
LIABILITIES AND SHAREHOLDER'S EQUITY
Current Liabilities
Mandatorily Redeemable Preference shares with Tata Sons Ltd
Accrued Expenses and Other Current Liabilities
550
Unearned and Deferred Revenue
160
Short-term Debt
14
724
Long-Term Debt / Borrowings
139
Other Non-Current Liabilities
20
Total Non-Current Liabilities
159
Total Liabilities
882
Common Stock - Par value / Share Capital
22
Additional Paid-in Capital / Share Premium
547
Retained Earnings
1,418
Accumulated Other Comprehensive Income/(Loss)
77
Total Shareholders' Equity attributable to TCS Ltd
2,063
Non Controlling Interests
49
Total Liabilities and Shareholders' Equity
2,994
Total Current Liabilities
Non Current Liabilities
Shareholders' Equity
Note : From 1QFY12, Consolidated Financial Statements are being prepared in accordance with the
* For Detailed schedules and Notes to Accounts, please visit www.tcs.com/investors/financial_info
FY08
FY09
FY10
5,340
5,789
6,140
295
226
199
5,634
6,016
6,339
2,457
2,693
2,799
243
196
171
96
78
94
70
71
56
50
57
62
68
100
116
159
148
114
3,143
3,343
3,412
2,491
2,673
2,927
671
748
744
21
41
48
46
58
52
58
50
81
60
43
32
32
28
43
27
21
36
42
34
229
206
208
14
18
1,215
1,248
1,245
1,276
1,425
1,682
171 $
-97
49
$
$
1,447
1,327
1,731
187
190
261
1,260
1,137
1,469
(11) $
(13) $
(16)
1,249
1,124
1,454
0.64
0.57
0.74
978,610,498
$
$
978,610,498
1,957,220,996
FY08
FY09
FY10
FY08
FY09
FY10
258
288
228
226
813
1,344
1,213
1,293
337
292
267
11
373
277
469
2,323
2,303
3,075
269
660
340
573
753
739
928
91
163
158
277
511
564
259
453
581
2,041
2,207
3,074
4,364
4,509
6,149
25
20
22
846
962
978
177
153
163
101
51
1,058
1,236
1,214
143
35
19
91
187
162
126
189
1,219
1,362
1,403
22
22
42
547
547
527
2,296
3,074
4,117
223 $
(557) $
(24)
3,087
3,085
4,662
57
62
84
4,364
4,510
6,149
n accordance with the International Financial Reporting Standards (IFRS) as issued by the International Accou
FY11
7,907
280
8,187
3,663
246
123
76
88
105
204
4,505
3,682
926
(16)
51
70
61
32
46
44
165
23
1,402
2,280
117
2,397
475
1,922
(26)
1,896
0.97
1,957,220,996
FY11
FY11
338
725
1,839
303
647
3,856
282
131
1,174
157
571
1,289
3,603
7,459
22
1,193
182
56
1,454
240
240
1,694
42
527
5,032
60
5,660
105
7,459
issued by the International Accounting Standards Board (IASB)
TCS Consolidated Income Statement as per IFRS
- INR Mn
FY11
Revenue
Information Technology and Consultancy Services
Sale of Equipment and Software Licenses
Total Revenue
Cost of Revenues
Cost of Services
Employee Cost
Fees to External Consultants
Cost of Equipment and Software Licenses
Depreciation
Travel
Communication
Facility Expenses
Other Costs
Total Cost of Revenues
Gross Profit
Operating Expenses
Selling, General and Administrative Expenses
Employee Cost
Fees to External Consultants
Provision for Doubtful Debts
Depreciation
Facility Expenses
Travel
Communication
Education, Recruitment and Training
Marketing and Sales Promotion
Other Costs
Total Operating Expenses
Operating Income
Total Other Income/(Expense)
Income Before Income Taxes
Total Taxes
Net Profit After Taxes
Adjustments for Minority Interests
360,464
12,782
373,245
145,255
14,155
10,388
4,909
5,736
4,109
9,452
10,294
204,298
168,947
43,008
1,841
-723
2,291
5,945
3,414
1,420
2,148
1,751
2,847
63,941
105,006
5,333
110,339
21,639
88,700
Non Controlling Interest
(1,190)
Net Income Before Extraordinary Items
87,510
Net Income After Extraordinary Items
87,510
Basic and Diluted EPS (after adjusting for bonus
shares)
44.53
Dividend Per share (INR)
Weighted average no of shares used in
computing Basic and Diluted EPS
14
1,957,220,996
Back
TCS Consolidated Balance Sheet as per IFRS INR Mn
Period Ending
FY11
31-Mar-11
ASSETS
Current Assets
Cash and Cash Equivalents
Bank Deposits
Accounts Receivable ( net of allowances )
Investments
Other Current Financial Assets
Unbilled Revenue
Current Income Tax assets
Other Current Assets
Total Current Assets
Non Current assets
Bank Deposits
Other Non Current Financial Assets
Non Current Income Tax Assets
Deferred Income Tax Assets
Property, Plant and Equipment, net
Goodwill, net
15,538
31,812
81,949
6,896
7,313
13,489
2,264
11,394
170,655
27,016
5,733
8,991
11,803
51,996
32,206
Other Intangible Assets, net
Investments
Other Non-Current Assets
Total Non-Current Assets
Total Assets
1,905
11,495
4,511
155,654
326,309
LIABILITIES AND SHAREHOLDER'S EQUITY
Liabilities
Current Liabilities
Trade and Other Payables
Short-term Borrowings
Mandatorily Redeemable Preference shares with Tata
Sons Ltd
Other Current Financial Liabilities
Unearned and Deferred Revenue
Employee Benefit Obligation
Other provisions
Current Income Tax Liabilities
Accrued Expenses and Other Current Liabilities
Total Current Liabilities
Non Current Liabilities
Long-Term Debt / Borrowings
Other Non Current Financial Liabilities
Employee Benefit Obligation
Other provisions
Deferred Income Tax Liabilities
Other Non-Current Liabilities
Total Non Current Liabilities
25,818
368
1,000
8,281
7,720
5,273
3,983
5,537
57,980
380
2,383
1,392
5,650
1,112
10,918
Total Liabilities
68,898
Shareholders' Equity
Common Stock - Par value / Share Capital
Additional Paid-in Capital / Share Premium
Accumulated Other Comprehensive Income/(Loss)
Retained Earnings
Total Shareholders' Equity
1,957
19,199
1,413
231,696
254,265
Non Controlling Interests
Total Liabilities and Shareholders' Equity
3,147
326,309
Notes :
From 1QFY12, Consolidated Financial Statements are being prepared in accordance with the International Fin
On April 4, 2014, the Company announced that it has chosen to apply IFRS 9 w.e.f April 1, 2013, much ahead
* For Detailed schedules and Notes to Accounts, please visit www.tcs.com/investors/financial_info
** Ex-Adj excludes One time Special Employee Rewards of ` 26,279 Mn in 4QFY15 and FY15 in the Consolidat
Back
FY12
FY13
FY14
FY15
EX-ADJ **
473,605
15,333
612,230
17,665
801,398
16,695
927,017
19,467
488,938
629,895
818,094
946,484
187,710
21,912
13,403
5,807
6,916
4,666
11,673
12,475
264,561
238,361
34,720
15,267
6,688
8,868
5,340
13,431
16,514
339,188
303,182
49,970
14,701
8,581
10,642
5,925
16,518
21,126
430,644
224,377
290,707
387,449
421,201
59,454
2,529
259
3,229
7,597
5,024
1,835
2,209
2,251
4,823
89,209
80,353
3,161
559
4,104
9,795
7,351
2,329
2,433
2,516
8,026
120,627
101,909
3,827
953
4,662
11,235
9,771
2,815
2,972
3,612
7,615
149,369
118,164
5,280
1,605
5,980
10,175
9,452
3,045
2,301
4,205
6,750
166,957
135,168
170,080
238,080
254,244
4,378
10,819
15,891
31,397
139,546
180,899
253,970
285,641
31,585
40,346
60,713
66,566
107,961
140,553
193,258
219,075
362,844
61,165
18,601
12,719
14,567
7,515
21,662
26,210
525,283
(1,111)
(1,493)
(2,090)
(2,114)
106,850
139,060
191,168
216,961
106,850
139,060
191,168
216,961
54.59
71.05
97.63
110.77
25
22
32
1,957,220,996
FY12
31-Mar-12
###
FY13
FY13
1,958,100,069
FY14
31-Mar-14
79
1,958,727,979
FY15
31-Mar-15
19,936
38,304
115,023
8,037
15,541
22,478
10,049
229,368
18,432
49,732
140,956
10,871
48,895
31,410
49
14,677
315,022
14,688
129,754
182,304
11,631
34,273
40,056
338
16,568
429,613
18,622
163,829
204,399
15,261
27,142
38,271
749
20,990
489,263
27,653
8,681
14,837
17,645
64,548
33,238
24,234
6,374
19,345
21,422
81,944
33,636
14,773
17,475
30,688
23,060
103,644
39,797
5,001
23,156
40,930
24,818
115,716
37,115
1,736
6,746
6,171
181,254
1,427
9,531
6,610
204,523
1,772
22,986
5,320
259,512
2,193
2,282
9,064
260,274
410,623
519,545
689,125
749,537
30,941
112
42,706
1,013
55,365
1,696
88,318
2,434
1,000
8,758
8,230
6,415
###
11,027
9,663
8,042
4,053
7,346
66,854
4,073
10,205
87,729
1,154
3,443
2,177
1,310
3,459
3,489
4,331
1,942
13,046
79,900
1,957
19,199
5,358
298,933
325,447
12,663
10,507
10,469
376
6,702
12,973
110,752
###
11,878
10,623
13,561
1,030
5,456
13,415
146,716
4,880
2,636
15,774
1,273
4,380
2,749
1,107
5,556
3,052
18,117
1,143
6,618
2,034
945
4,142
4,037
18,919
103,503
128,869
165,634
1,959
19,203
14,759
517,434
553,355
1,959
19,203
10,824
542,782
574,767
###
19,199
9,086
379,239
409,481
5,275
6,561
6,902
9,136
410,623
519,545
689,125
749,537
ared in accordance with the International Financial Reporting Standards (IFRS) as issued by the International Accounting
apply IFRS 9 w.e.f April 1, 2013, much ahead of its mandatory adoption, because we believe the new standard is better
w.tcs.com/investors/financial_info
79 Mn in 4QFY15 and FY15 in the Consolidated Income Statement. Numbers including the one time adjustment are me
1Q16
249,611
7,070
256,681
100,676
17,236
6,586
3,249
3,515
2,095
5,198
6,124
144,680
112,002
32,242
1,205
395
1,286
2,929
2,511
714
462
948
1,827
44,518
67,484
7,711
75,195
17,468
57,727
638
57,089
57,089
29.15
5.5
1,958,727,979
1Q15
30-Jun-15
24,452
150,101
218,453
59,614
20,807
40,342
488
23,342
537,598
5,000
19,778
40,573
26,945
116,331
37,826
2,032
2,558
7,761
258,804
796,402
60,953
3,015
60,449
11,155
14,670
956
11,299
28,459
190,957
948
6,078
2,256
1,019
5,515
4,210
20,025
210,982
1,959
19,203
11,161
543,368
575,690
9,730
796,402
by the International Accounting Standards Board (IASB)
eve the new standard is better aligned with our risk management policy and practice than the earlier IAS 39 standard.
he one time adjustment are mentioned in the impacted Cell Comments.
arlier IAS 39 standard. In accordance with the transition provisions set out in IFRS 9, we have restated the Net Foreign E
ave restated the Net Foreign Exchange Gains / Losses as reported under IAS 39 from 1Q FY12 till 3Q FY14. The cells im
FY12 till 3Q FY14. The cells impacted by this restatement are colored light blue. For more details, please refer to Notes t
details, please refer to Notes to Accounts to our Financial Statements.
TCS Consolidated Income Statement as per US GAAP - INR Mn
FY05
Revenue
Information Technology and Consultancy Services
96,013
Sale of Equipment and Software Licenses
10,381
Total Income
106,394
Cost of Revenue
Cost of Services
Employee Cost
44,760
Cost of Equipment and Software Licenses
9,373
Depreciation
1,129
Travel
1,820
Communication
Rent
Other Costs
Total Cost of Revenues
Gross Profit
846
2,771
60,699
45,696
Operating Expenses
Selling, General and Administrative Expenses
Employee Cost
Provision for Doubtful Debts
11,548
291
Depreciation
512
Facility Expenses
778
Travel
1,569
Communication
702
Education, Recruitment and Training
403
Professional Fees
1,351
Other Costs
4,150
Research & Development Expenses
Total Operating Expenses
Operating Income
Total Other Income/(Expense)
Income Before Income Taxes
Total Taxes
403
21,707
23,989
2,113
26,102
4,799
Net Profit After Taxes
21,303
Adjustments for Minority Interests
Non Controlling Interest
(79)
Equity in net earnings of affiliates
Net Income Before Extraordinary Items
3
21,227
Extraordinary Gains/(Losses)
Employee compensation-related
Net Income After Extraordinary Items
49
21,276
EPS (after adjusting for bonus shares)
10.91
Dividend Per share (INR)
12
SHARE CAPITAL
Average No. of Shares Outstanding (million)
Basic
470,461,111
Diluted
470,461,111
Back
TCS Consolidated Balance Sheet as per US GAAP - INR Mn
FY05
Period Ending
31-Mar-05
ASSETS
Current Assets
Cash and Cash Equivalents
Bank Deposits
Accounts Receivable ( net of allowances )
Unbilled Revenue
Inventories
Prepaid Expenses and Other Current Assets
Total Current Assets
2,633
20,343
2,203
320
5,092
30,590
Non Current assets
Property, Plant and Equipment, net
Goodwill, net
Other Intangible Assets, net
Investments
10,870
447
84
4,183
Investment in debentures issued by Tata Sons and its subsidiaries
Equity in Affiliates
14
Other Non-Current Assets
Total Non-Current Assets
Total Assets
2,721
18,318
48,908
LIABILITIES AND SHAREHOLDER'S EQUITY
Liabilities
Current Liabilities
Short-term Borrowings
Mandatorily Redeemable Preference shares with Tata Sons Ltd
Unearned and Deferred Revenue
Accrued Expenses and Other Current Liabilities
Total Current Liabilities
1,928
1,772
11,424
15,124
Non Current Liabilities
Long-Term Debt / Borrowings
Other Non-Current Liabilities
483
Total Non Current Liabilities
Total Liabilities
483
15,608
Shareholders' Equity
Common Stock - Par value / Share Capital
480
Additional Paid-in Capital / Share Premium
21,584
Accumulated Other Comprehensive Income/(Loss)
Retained Earnings
Total Shareholders' Equity
Non Controlling Interests
Total Liabilities and Shareholders' Equity
(183)
10,096
31,977
1,323
48,908
Note : From 1QFY12, Consolidated Financial Statements are being prepared in accordance with the
* For Detailed schedules and Notes to Accounts, please visit www.tcs.com/investors/financial_info
Back
FY06
FY07
FY08
FY09
123,986
177,372
214,347
267,819
8,468
8,789
11,828
10,310
132,454
186,160
226,175
278,129
56,901
82,657
98,630
124,465
7,421
6,783
9,720
8,937
1,931
2,912
3,851
3,645
2,354
2,531
2,838
3,227
1,185
1,526
2,046
2,643
1,603
2,766
4,615
3,741
6,114
6,343
6,859
73,533
104,126
126,195
154,391
58,922
82,034
99,981
123,738
12,339
18,859
26,965
34,621
405
254
381
998
879
1,384
1,897
2,119
1,074
1,820
2,076
2,723
1,904
2,565
3,248
2,747
877
1,062
1,285
1,466
786
1,319
1,735
1,234
1,164
1,420
1,454
1,955
5,186
6,647
9,162
9,386
415
432
565
475
25,028
35,762
48,768
57,726
33,894
46,273
51,212
66,013
190
2,116
6,889
34,084
48,389
58,101
61,341
4,989
6,700
7,494
9,011
(4,671)
29,095
41,689
(279)
50,607
(417)
(425)
16
44
28,831
41,316
50,190
52,330
(605)
(7)
51,719
28,831
41,316
50,190
51,719
58.94
42.22
25.64
26.43
14
13
14
14
489,305,249
978,610,498
978,610,498
978,610,498
489,305,249
978,610,498
978,610,498
978,610,498
FY06
FY07
FY08
FY09
31-Mar-06
31-Mar-07
31-Mar-08
31-Mar-09
3,965
-
12,291
-
10,352
-
14,625
-
32,790
43,090
53,903
61,532
4,712
7,835
13,525
14,814
806
416
424
366
7,327
11,221
14,965
31,666
49,600
74,853
93,170
123,003
15,072
22,912
30,214
37,490
4,630
9,744
11,105
25,906
4,063
4,234
3,633
8,279
7,086
12,661
26,475
17,232
188
50
28
39
4,988
6,193
10,399
16,853
36,026
55,794
81,854
105,799
85,626
130,648
175,024
228,802
987
605
371
5,158
1,000
1,000
5,317
6,944
7,101
7,762
17,401
24,414
33,949
44,395
23,706
31,963
42,421
58,315
1,428
6,020
5,727
1,762
521
884
756
9,048
1,949
6,904
6,483
10,810
25,655
38,866
48,904
69,124
489
979
979
979
24,862
24,372
24,372
24,372
(144)
673
(418)
(3,386)
33,201
63,637
98,887
134,580
58,408
89,661
123,820
156,545
1,564
2,121
2,300
3,133
85,626
130,648
175,024
228,802
n accordance with the International Financial Reporting Standards (IFRS) as issued by
FY10
FY11
290,852
360,464
9,437
12,782
300,289
373,245
132,613
166,975
8,118
11,227
4,468
5,631
2,668
3,469
2,925
4,044
5,475
4,812
5,401
9,234
161,668
205,392
138,621
167,853
35,274
42,216
1,947
(764)
2,739
2,359
2,398
3,199
2,034
2,754
1,313
1,402
977
2,141
1,633
1,977
9,865
7,599
851
1,067
59,031
63,950
79,590
103,903
2,255
5,244
81,845
109,147
12,202
21,204
69,643
87,943
(738)
(1,115)
(10)
68,895
86,828
68,895
86,828
35.12
44.53
20
14
1,957,220,996
1,957,220,996
1,957,220,996
1,957,220,996
FY10
FY11
31-Mar-10
31-Mar-11
10,249
15,078
36,525
32,323
58,098
81,990
12,011
13,489
178
228
21,089
28,840
138,149
171,948
41,706
52,340
25,333
25,472
7,082
6,982
25,746
5,833
12,077
12,557
17
26,103
57,474
138,064
160,660
276,213
332,608
2,307
2,500
1,000
1,000
7,311
8,126
46,899
53,211
57,516
64,837
111
40
5,413
10,678
5,524
10,718
63,040
75,555
1,957
1,957
23,401
23,401
35
1,844
184,011
225,187
209,404
252,389
3,768
4,663
276,213
332,608
Operating Metrics
TCS OPERATING METRICS
FY05
Revenue Distribution by Geography - Old Classification
Americas
59.5%
North America
Latin America
Europe
23.2%
UK
Continental Europe
India
11.7%
Asia Pacific
MEA
Others
5.6%
Total
100.0%
FY06
FY07
FY08
FY09
FY10
FY11
59.0%
57.0%
2.0%
22.4%
15.5%
6.9%
12.5%
4.1%
1.9%
56.2%
52.3%
3.9%
28.5%
20.3%
8.2%
9.0%
4.8%
1.5%
54.8%
50.4%
4.4%
29.2%
19.9%
9.3%
9.1%
5.2%
1.7%
56.2%
51.5%
4.7%
29.5%
19.0%
10.5%
7.8%
4.7%
1.8%
57.5%
52.8%
4.7%
26.7%
16.2%
10.5%
8.7%
5.2%
1.9%
57.5%
53.9%
3.6%
24.8%
15.5%
9.3%
9.2%
6.6%
1.9%
100.0%
100.0%
100.0%
100.0%
100.0%
100.0%
Revenue Distribution by Geography - New Classification
Americas
North America
Latin America *
Europe
UK
Continental Europe
India
Asia Pacific
MEA
Total
* Reclassified based on location of contracts, as is done in other regions
Back
Printed on 11/10/2015 at 10:42:37
Page 73 of 90
Operating Metrics
Revenue Distribution by Service Practice
ADM and Engineering Services
Application Development & Maintenance
Enterprise Solutions
Assurance Services
Engineering & Industrial Services
Infrastructure Services
Global Consulting
Asset Leveraged Solutions
Business Process Services
Others
Total
72.9%
21.8%
2.6%
58.2%
22.3%
1.5%
6.6%
4.4%
2.9%
2.7%
1.4%
52.2%
21.7%
2.3%
5.8%
6.0%
3.4%
2.8%
5.8%
48.3%
22.8%
3.8%
5.4%
6.5%
3.4%
3.6%
6.2%
48.5%
20.7%
4.3%
6.0%
8.0%
2.7%
2.9%
6.9%
48.7%
16.2%
5.0%
5.0%
8.4%
1.9%
3.3%
11.5%
46.5%
15.4%
6.8%
4.8%
9.4%
2.2%
3.6%
11.3%
2.7%
100.0%
100.0%
100.0%
100.0%
100.0%
100.0%
100.0%
Back
Revenue Distribution by Industry Practice
BFSI
Retail and Distribution
Manufacturing
Telecom
Life Sciences and Healthcare
38.4%
6.8%
19.3%
16.4%
41.2%
6.6%
17.2%
15.1%
42.2%
7.1%
15.3%
17.0%
43.6%
7.7%
9.6%
16.2%
42.3%
10.3%
10.5%
14.4%
44.92%
10.59%
8.10%
12.65%
44.3%
11.0%
7.4%
12.1%
4.0%
4.6%
4.3%
5.5%
5.2%
5.09%
5.2%
6.5%
2.8%
4.24%
2.90%
4.9%
4.2%
Hi Tech
Energy and Utilities
3.0%
2.5%
2.4%
6.9%
2.7%
Travel and Hospitality
4.2%
3.6%
3.2%
4.3%
4.1%
3.19%
3.4%
1.9%
2.0%
1.89%
6.43%
2.1%
5.4%
Media & Entertainment
Others
Total
7.9%
9.2%
8.5%
1.5%
2.0%
100.0%
100.0%
100.0%
100.0%
100.0%
100.0%
100.0%
50.2%
58.7%
55.9%
55.2%
52.2%
50.7%
Back
Revenue by Contract Type
(as a % of International Revenue) # - Old Classification
Time and Materials
48.00%
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Operating Metrics
Fixed Time, Fixed Price
Total
52.00%
49.8%
41.3%
44.1%
44.8%
47.8%
49.4%
100.00%
100.0%
100.0%
100.0%
100.0%
100.0%
100.0%
37.4%
62.6%
40.5%
55.7%
3.8%
41.9%
53.9%
4.2%
44.2%
51.2%
4.6%
51.0%
43.3%
5.7%
51.0%
44.0%
5.0%
100.0%
100.0%
100.0%
100.0%
100.0%
100.0%
Revenue by Contract Type
- New Classification *
Time and Materials
Fixed Time, Fixed Price
Total
# Excludes Domestic Clients
* Includes service revenues from India
Back
Revenue by Delivery Location
(as a % of International Revenue) # - Old Classification
Offshore
38.70%
Onsite
61.30%
GDC
Total
100.00%
Revenue by Delivery Location
- New Classification *
India DC
Local Delivery
Global DC
Total
# Excludes Domestic Clients
* Includes service revenues from India
Back
Printed on 11/10/2015 at 10:42:37
Page 75 of 90
Operating Metrics
Currency Mix ( % of Revenue )
USD
GBP
EUR
OTHERS
Total
Average Realized Rates in INR
USD
GBP
EUR
57.1%
16.7%
7.7%
18.6%
58.2%
15.6%
8.3%
17.9%
58.6%
13.1%
7.8%
20.5%
59.4%
12.5%
7.1%
21.1%
100.0%
100.0%
100.0%
100.0%
40.14
80.63
57.46
46.30
78.33
65.52
47.36
75.74
67.09
45.60
71.00
60.40
Back
TCS CLIENT METRICS
Clients Contribution - Old Classification
Top Client *
Top 5 Clients *
Top 10 Clients *
USD 1 mn clients *
USD 5 mn clients *
USD 10 mn clients *
USD 20 mn clients *
USD 50 mn clients *
USD 100 mn clients *
Active Clients
New Clients Added
* LTM Revenues
Printed on 11/10/2015 at 10:42:37
5.1%
19.3%
30.5%
3.7%
17.0%
27.5%
6.6%
18.5%
28.4%
6.5%
18.9%
29.1%
4.7%
18.6%
26.9%
8.2%
21.8%
30.2%
7.4%
21.4%
29.6%
214
76
42
25
5
256
96
54
31
9
621
246
929
330
297
119
75
39
14
3
920
218
358
143
100
56
19
7
929
212
405
172
111
62
24
7
1014
163
409
183
118
63
23
7
1034
127
458
208
143
81
27
8
1034
140
Page 76 of 90
Operating Metrics
Clients Contribution - New Classification
USD 1 mn clients *
USD 5 mn clients *
USD 10 mn clients *
USD 20 mn clients *
USD 50 mn clients *
USD 100 mn clients *
* Last Twelve Months' services revenues; includes clients in India
Revenue from Repeat Business ^
^ Reset at the beginning of Financial Year
95.1%
95.2%
96.8%
96.4%
97.1%
97.5%
97.8%
45,714
66,480
89,419
111,407
143,761
160,429
198,614
Talent Acquisition
Trainees
Experienced Professionals
Overseas subsidiaries and Branches
Total Employees Recruited
20,988
13,582
3,493
38,063
27,633
34,459
7,593
69,685
Net Addition
16,668
38,185
11.0%
13.1%
Back
TCS EMPLOYEE METRICS
Total Headcount
Back
LTM Attrition *
Attrition : IT Services
Printed on 11/10/2015 at 10:42:37
10.6%
12.0%
10.5%
Page 77 of 90
Operating Metrics
Attrition : BPO
Overall Attrition
9.9%
20.2%
18.7%
21.6%
21.6%
25.5%
11.3%
12.6%
11.4%
11.8%
14.4%
67
62
67
80
99
Utilization *
Including Trainees
Excluding Trainees
* excluding CMC & Diligenta
Number of Nationalities of associates
53
% of Women associates
21.6%
24.0%
26.0%
27.8%
30.1%
30.4%
30.3%
Experience Profile
0-3 years
>3 years
43.0%
57.0%
49.0%
51.0%
52.0%
48.0%
50.7%
49.3%
46.2%
53.8%
43.2%
56.8%
43.0%
57.0%
Back
Revenue Growth in Constant Currency (CC)
QoQ CC Revenue Growth by Geography
North America
Latin America
UK
Continental Europe
India
Asia Pacific
MEA
Printed on 11/10/2015 at 10:42:37
Page 78 of 90
Operating Metrics
Total
YoY CC Revenue Growth by Geography
North America
Latin America
UK
Continental Europe
India
Asia Pacific
MEA
Total
QoQ CC Revenue Growth by Industry Practice
BFSI
Retail and Distribution
Manufacturing
Telecom
Life Sciences and Healthcare
Hi Tech
Energy and Utilities
Travel and Hospitality
Media & Entertainment
Others
Total
YoY CC Revenue Growth by Industry Practice
BFSI
Retail and Distribution
Manufacturing
Telecom
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Operating Metrics
Life Sciences and Healthcare
Hi Tech
Energy and Utilities
Travel and Hospitality
Media & Entertainment
Others
Total
QoQ CC Revenue Growth by Service Practice
Application Development & Maintenance
Enterprise Solutions
Assurance Services
Engineering & Industrial Services
Infrastructure Services
Global Consulting
Asset Leveraged Solutions
Business Process Services
Total
YoY CC Revenue Growth by Service Practice
Application Development & Maintenance
Enterprise Solutions
Assurance Services
Engineering & Industrial Services
Infrastructure Services
Global Consulting
Asset Leveraged Solutions
Business Process Services
Total
Printed on 11/10/2015 at 10:42:37
Page 80 of 90
Operating Metrics
Back
Printed on 11/10/2015 at 10:42:37
Page 81 of 90
Operating Metrics
FY12
FY13
56.4%
53.3%
3.1%
25.3%
15.2%
10.1%
8.6%
7.6%
2.1%
56.0%
52.7%
3.3%
26.6%
17.1%
9.5%
7.8%
7.5%
2.1%
100.0%
100.0%
FY14
55.9%
53.7%
2.2%
26.7%
17.1%
9.6%
7.8%
7.5%
2.1%
100.0%
Printed on 11/10/2015 at 10:42:37
FY15
55.3%
53.0%
2.3%
28.7%
17.5%
11.2%
6.7%
7.2%
2.1%
100.0%
1Q16
54.0%
51.9%
2.1%
28.3%
16.7%
11.6%
6.4%
9.3%
2.0%
100.0%
54.7%
52.8%
1.9%
27.1%
16.1%
11.0%
6.4%
9.6%
2.2%
100.0%
Page 82 of 90
Operating Metrics
44.7%
15.6%
7.5%
4.6%
10.1%
2.6%
3.9%
11.0%
42.8%
15.2%
7.7%
4.6%
11.5%
3.0%
2.7%
12.5%
41.6%
15.5%
8.4%
4.7%
11.9%
3.4%
2.5%
12.0%
40.2%
15.6%
8.5%
4.5%
13.8%
3.3%
2.4%
11.7%
40.3%
15.1%
8.5%
4.5%
14.7%
2.9%
2.5%
11.5%
100.0%
100.0%
100.0%
100.0%
100.0%
43.1%
12.2%
7.8%
10.5%
43.1%
13.3%
8.3%
9.8%
42.9%
13.8%
8.5%
9.5%
40.7%
13.6%
9.8%
8.8%
40.6%
13.8%
9.9%
8.6%
5.3%
5.2%
5.8%
6.4%
6.9%
5.9%
4.0%
5.8%
3.7%
5.4%
3.8%
5.8%
4.1%
5.8%
4.0%
3.8%
3.5%
3.4%
3.5%
3.5%
2.2%
5.2%
2.2%
5.1%
2.3%
4.6%
2.7%
4.6%
2.5%
4.4%
100.0%
100.0%
100.0%
100.0%
100.0%
52.6%
52.8%
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Operating Metrics
47.4%
47.2%
100.0%
100.0%
48.0%
52.0%
100.0%
50.6%
45.0%
4.4%
49.4%
45.4%
5.2%
100.0%
100.0%
47.9%
46.7%
5.4%
100.0%
Printed on 11/10/2015 at 10:42:38
48.0% Discontinued
52.0% Discontinued
100.0%
46.2% Discontinued
48.2% Discontinued
5.6% Discontinued
100.0%
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Operating Metrics
59.3%
12.4%
7.6%
20.7%
58.5%
14.8%
6.7%
20.0%
57.1%
15.3%
8.7%
18.9%
55.4%
14.9%
8.5%
21.2%
56.9%
14.2%
7.7%
21.2%
100.0%
100.0%
100.0%
100.0%
100.0%
48.12
77.02
66.36
54.55
85.89
70.27
60.85
97.36
81.93
61.26
98.34
76.86
63.59
98.24
70.30
6.8%
19.2%
27.1%
6.1% Discontinued
17.8% Discontinued
25.2% Discontinued
Discontinued
Discontinued
Discontinued
Discontinued
Discontinued
Discontinued
522
245
170
99
43
14
1076
141
556
277
196
115
48
16
1156 Discontinued
153 Discontinued
Discontinued
Discontinued
Discontinued
Discontinued
Printed on 11/10/2015 at 10:42:38
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Operating Metrics
638
290
211
121
52
17
98.4%
714
354
231
136
53
24
98.6% Discontinued
791
389
261
162
68
29
Discontinued
804
391
268
172
69
30
Discontinued
238,583
276,196
300,464
319,656
324,935
32,734
28,321
9,345
70,400
35,769
23,507
10,452
69,728
20,961
25,919
14,320
61,200
22,133
29,394
15,596
67,123
6,425
9,337
4,540
20,302
39,969
37,613
24,268
19,192
5,279
11.1%
9.4%
Printed on 11/10/2015 at 10:42:38
10.4% Discontinued
Discontinued
Page 86 of 90
Operating Metrics
21.6%
19.5%
14.9% Discontinued
12.2%
10.6%
11.3%
14.9%
Discontinued
15.9%
82.90%
86.30%
110
118
118
31.6%
32.4%
32.7%
37.6%
62.4%
39.2% Discontinued
60.8% Discontinued
122
33.0%
Discontinued
Discontinued
124
33.5%
Discontinued
Discontinued
4.4%
-5.1%
2.8%
2.2%
2.6%
2.6%
8.1%
Printed on 11/10/2015 at 10:42:38
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Operating Metrics
3.5%
11.4%
5.4%
8.5%
19.0%
15.9%
58.0%
25.3%
15.8%
3.3%
5.1%
0.3%
9.6%
7.0%
2.3%
5.5%
6.1%
-6.7%
-4.2%
3.5%
12.4%
15.5%
36.0%
8.2%
Printed on 11/10/2015 at 10:42:38
Page 88 of 90
Operating Metrics
21.8%
21.3%
22.2%
16.7%
0.9%
13.7%
15.8%
4.1%
1.3%
3.8%
2.7%
5.1%
-7.7%
17.7%
2.4%
3.5%
14.2%
9.8%
12.7%
12.7%
36.0%
6.3%
22.2%
12.8%
15.8%
Printed on 11/10/2015 at 10:42:38
Page 89 of 90
Operating Metrics
Printed on 11/10/2015 at 10:42:38
Page 90 of 90
