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Submitted By-
Group -8
Ramkrishan Gupta 17BSP2156
Priya Chauhan 17BSP2018
Priya Raghav 17BSP2015
Rishabh Srivastava 17BSP2227
CONSOLIDATED FINANCIAL RESULTS
The following table gives an overview of the financial results of the Company:
• Revenue: The revenue of the Company aggregated ` 117,966 crore in FY 2017 (` 108,646 crore in FY
2016), registering a growth of 8.6%.
• Earnings before interest, tax, depreciation and amortization (EBITDA): The EBITDA aggregated `
32,311 crore in FY 2017 (` 30,677 crore in FY 2016) – a growth of 5.3%.
• Profit before tax (PBT): PBT aggregated 34,513 crore in FY 2017 (31,840 crore in FY 2016) – a growth of
8.4%.
• Profit after tax (PAT): PAT aggregated 26,289 crore in FY 2017 (24,270 crore in FY 2016) – a growth of
8.3%.
• Earnings per share (EPS): EPS aggregated 133.41 in FY 2017 (123.18 in FY 2016) – a growth of 8.3%.
 Reserves and Surplus at the end of FY 2017 stood at `86,017 crore, anincrease of 21.4% over
`70,875 crore at the end of FY 2016.
 Trade payables (current liabilities), representing payables for purchase of goods and services
decreased from ` 7,541 crore as at March 31, 2016 to ` 6,279crore as at March 31, 2017. As a
percentage of revenue, trade payables have decreased from 6.9% in FY 2016 to 5.3% in FY 2017.
 The increase in short-term provisions from ` 1,750 crore in FY 2016 to ` 1,928 crore in FY 2017 is
mainly attributable to increase in Provision for employeebenefits amounting to ` 1,862 crore as at
March 31, 2017.
 Other current liabilities increased from ` 2,996 crore as at March 31, 2016 to ` 3,143 crore as at
March 31, 2017. The increase was primarily due to:
a. Increase in Unearned and Deferred Revenue from ` 1,359 crore as at March 31, 2016 to `
1,398 crore as at March 31, 2017
b. Advance received from customers increased from ` 164 crore as at March 31, 2016 to ` 330
crore as at March 31, 2017
c. Increase in other liabilities to ` 114 crore as at March 31, 2017 (` 92 crore as at March 31,
2016) mainly on account of operating lease liabilities recognised inadvance, on account of
straight lining the rental over the lease period.
d. Indirect tax payable and other statutory liabilities decreased from ` 1,381 crore as at March
31, 2016 to ` 1,301 crore as at March 31, 2017
 Other non-current liabilities decreased from ` 442 crore as at March 31, 2016 to ` 432 crore as at
March 31, 2017.
 Other financial liabilities decreased from ` 2,857 crore as at March 31, 2016 to ` 2,004 crore as at
March 31, 2017.
a) Liabilities for cost related to customer contracts increased from ` 882 crore as at March 31,
2016 to `1,001 crore as at March 31, 2017
b) Liabilities on account of Capital creditors decreased from ` 393 crore as at March 31, 2016
to ` 304 crore as at March 31, 2017
c) The decrease in other payables from ` 1,512 crore as at March 31, 2016 to ` 656 crore as at
March 31, 2017 is primarily on account of settlement of liabilities towards purchase of
government securities in the previous financial year and decrease in fair value of foreign
exchange forward and currency option contracts.
d) Operating lease and other liabilities include current maturities of obligation under finance
lease. The decline from ` 70 crore as at March 31, 2016 to ` 43 croreas at March 31, 2017
was primarily due to decline in net payments in finance lease obligations.
CONSOLIDATED CASH FLOW SUMMARY : Mar 2008 - Mar 2017 :
Non-Annualised : Rs. Million
SHARE HOLDING PATTERN
SHARE PRICE CHART :
Independent Equity Research : TCS

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Independent Equity Research : TCS

  • 1. Submitted By- Group -8 Ramkrishan Gupta 17BSP2156 Priya Chauhan 17BSP2018 Priya Raghav 17BSP2015 Rishabh Srivastava 17BSP2227
  • 2.
  • 3. CONSOLIDATED FINANCIAL RESULTS The following table gives an overview of the financial results of the Company: • Revenue: The revenue of the Company aggregated ` 117,966 crore in FY 2017 (` 108,646 crore in FY 2016), registering a growth of 8.6%. • Earnings before interest, tax, depreciation and amortization (EBITDA): The EBITDA aggregated ` 32,311 crore in FY 2017 (` 30,677 crore in FY 2016) – a growth of 5.3%. • Profit before tax (PBT): PBT aggregated 34,513 crore in FY 2017 (31,840 crore in FY 2016) – a growth of 8.4%. • Profit after tax (PAT): PAT aggregated 26,289 crore in FY 2017 (24,270 crore in FY 2016) – a growth of 8.3%. • Earnings per share (EPS): EPS aggregated 133.41 in FY 2017 (123.18 in FY 2016) – a growth of 8.3%.
  • 4.  Reserves and Surplus at the end of FY 2017 stood at `86,017 crore, anincrease of 21.4% over `70,875 crore at the end of FY 2016.  Trade payables (current liabilities), representing payables for purchase of goods and services decreased from ` 7,541 crore as at March 31, 2016 to ` 6,279crore as at March 31, 2017. As a percentage of revenue, trade payables have decreased from 6.9% in FY 2016 to 5.3% in FY 2017.  The increase in short-term provisions from ` 1,750 crore in FY 2016 to ` 1,928 crore in FY 2017 is mainly attributable to increase in Provision for employeebenefits amounting to ` 1,862 crore as at March 31, 2017.  Other current liabilities increased from ` 2,996 crore as at March 31, 2016 to ` 3,143 crore as at March 31, 2017. The increase was primarily due to: a. Increase in Unearned and Deferred Revenue from ` 1,359 crore as at March 31, 2016 to ` 1,398 crore as at March 31, 2017 b. Advance received from customers increased from ` 164 crore as at March 31, 2016 to ` 330 crore as at March 31, 2017 c. Increase in other liabilities to ` 114 crore as at March 31, 2017 (` 92 crore as at March 31, 2016) mainly on account of operating lease liabilities recognised inadvance, on account of straight lining the rental over the lease period. d. Indirect tax payable and other statutory liabilities decreased from ` 1,381 crore as at March 31, 2016 to ` 1,301 crore as at March 31, 2017
  • 5.  Other non-current liabilities decreased from ` 442 crore as at March 31, 2016 to ` 432 crore as at March 31, 2017.  Other financial liabilities decreased from ` 2,857 crore as at March 31, 2016 to ` 2,004 crore as at March 31, 2017. a) Liabilities for cost related to customer contracts increased from ` 882 crore as at March 31, 2016 to `1,001 crore as at March 31, 2017 b) Liabilities on account of Capital creditors decreased from ` 393 crore as at March 31, 2016 to ` 304 crore as at March 31, 2017 c) The decrease in other payables from ` 1,512 crore as at March 31, 2016 to ` 656 crore as at March 31, 2017 is primarily on account of settlement of liabilities towards purchase of government securities in the previous financial year and decrease in fair value of foreign exchange forward and currency option contracts. d) Operating lease and other liabilities include current maturities of obligation under finance lease. The decline from ` 70 crore as at March 31, 2016 to ` 43 croreas at March 31, 2017 was primarily due to decline in net payments in finance lease obligations. CONSOLIDATED CASH FLOW SUMMARY : Mar 2008 - Mar 2017 : Non-Annualised : Rs. Million