TCS reported financial results for the third quarter of fiscal year 2013-2014. Key highlights include:
- Revenue grew 1.5% quarter-over-quarter and 32.5% year-over-year to INR 212,940 million
- Operating income was INR 63,347 million, with an operating margin of 29.7%
- Net income reached INR 53,140 million, with a net margin of 25.0%
- Strong growth was seen in the manufacturing, telecom and life sciences industries
TCS 2020 CFO Study: Key Findings - Empowering the enterprise with data-driven...Tata Consultancy Services
Read the most interesting results from the TCS CFO Study survey of senior finance executives in North America, UK and Europe to see who is leading the way in creating agile, real-time organizations.
Many CIOs at leading companies have evolved their job descriptions to become change agents who champion business model innovation. But this change has not been the case for all CIOs, or to the same degree. Our study finds that leaders outside the IT organization have often, purposely or necessarily, become the digital leaders for their business.
An agile approach requires an openness to flat structures and a willingness to relinquish tightly held control. Explore seven ways to overcome the most common barriers to agile adoption.
TCS 2020 CFO Study Master Report - How real-time intelligence will separate t...Tata Consultancy Services
Know how finance leaders are tackling the challenges and leading the transition to a real-time business, we sought the views of more than 500 CFOs and senior finance leaders in Europe (UK, Germany, The Netherlands) and North America.
This presentation outlines the keynote delivered by TCS, VP & CTO, K Ananth Krishnan, at the IEEE-IEEEMA INTELECT 2015. It covers how IT is all for Smart & Sustainable Energy.
TCS 2020 CFO Study: Key Findings - Empowering the enterprise with data-driven...Tata Consultancy Services
Read the most interesting results from the TCS CFO Study survey of senior finance executives in North America, UK and Europe to see who is leading the way in creating agile, real-time organizations.
Many CIOs at leading companies have evolved their job descriptions to become change agents who champion business model innovation. But this change has not been the case for all CIOs, or to the same degree. Our study finds that leaders outside the IT organization have often, purposely or necessarily, become the digital leaders for their business.
An agile approach requires an openness to flat structures and a willingness to relinquish tightly held control. Explore seven ways to overcome the most common barriers to agile adoption.
TCS 2020 CFO Study Master Report - How real-time intelligence will separate t...Tata Consultancy Services
Know how finance leaders are tackling the challenges and leading the transition to a real-time business, we sought the views of more than 500 CFOs and senior finance leaders in Europe (UK, Germany, The Netherlands) and North America.
This presentation outlines the keynote delivered by TCS, VP & CTO, K Ananth Krishnan, at the IEEE-IEEEMA INTELECT 2015. It covers how IT is all for Smart & Sustainable Energy.
Fending Off the FinTechs: How Agile Financial Services Firms Are Transforming...Tata Consultancy Services
Explore why agile approaches are critical to making established financial services firms grow faster, become more competitive, and serve customers better, especially online.
TCS 2021 Global Financial Leadership Study - The Next Era in Financial Planni...Tata Consultancy Services
Read TCS’ study to know how global finance leaders are utilizing cloud-based systems & data analytics in finance to plug FP&A gaps & achieve sustainable growth.
How the CFO Can be an Effective Partner to the CEO in Navigating the Pandemic...Tata Consultancy Services
The pandemic has accelerated digital finance transformation & automation. Read how CFO’s role in digital transformation can help in navigating economic storm
Some businesses are moving much faster and better and others. How are the leaders of the most digitally savvy companies different? We found that they share five traits, learn more about these traits.
TCS Predictive Analytics Luncheon at The Westin Melbourne, 18th March 2014 by N. Sarma, Vice President & Head of Analytics and Insights, Tata Consultancy Services
A new CMO role: leveraging an organization’s purpose for strategic advantageTata Consultancy Services
Sales & marketing has seen a digital transformation & solving customer issues has become vital. These shifts will now reshape the jobs of CMOs, CEOs, & CFOs.
A glimpse of Cross Industry Roundtable held at Marriott, Troy on Reimagining Product Lifecycle Management (PLM) for Digitized Connected Product Ecosystem
Get insights on the adoption of Artificial Intelligence in North America, Europe, Latin America and Asia Pacific across 13 industries and 13 business functions. http://on.tcs.com/Artificial-Intelligence
Learn how the shift of back office systems to new cloud-based digital platforms is transforming how insurance and other financial products are administered and customers are handled.
Tap into digital data management opportunities on your road to digital transformation: Gain insights from data analytics to gain a competitive advantage!
With technology becoming essential to the way business is delivered, agility in the IT function alone is not enough. Here are more details about the assessment process, how to identify the pilot and which path to choose when replicating its success across the business.
Digital convergence is forcing companies to rethink their customer experience strategies. Responsive enterprises must respond to the market as it changes and adapt to the changes quickly.
Businesses are bound to see turbulent times & solid risk & crisis management plans are vital. Read how the leadership and stakeholders can sail through crisis.
"HFS envisions procurement as the ‘ecosystem builder’ for the enterprise, not just a cost-focused, back-office function. As the role of procurement radically transforms, the client expectations from third-party source-to-pay (S2P) services are also rapidly evolving.”
– Saurabh Gupta, Chief Research Officer
The End of Management Accounting As We Know It Chris Catto
How the Changing technological environment will shape management accounting practices over the next 10 years. Presented by Chris Catto CGMA CPA Certified Filemaker Developer
The Three Stages of Global Payroll ImplementationCloudPay
Download Full Report: https://www.cloudpay.net/cloudpaper/global-payroll-implementation
A Comprehensive Guide to Building a Business Case, Evaluating Vendors and Deploying a Solution. In the quest for better business performance, large organizations must continually evaluate the efficiency and effectiveness of their global operations. When the focus is on payroll, the review process can get stuck in an endless evaluation cycle. This is typically because, despite an overwhelming feeling that things can be improved, the evidence needed to convince decision-makers tends to fall short.
In this report, we explore three stages of payroll transformation: evaluation, selection and deployment. For those tasked with managing any of these critical steps, we provide real-world advice assimilated from many years of building business cases and running global payroll projects.
Businesses today are struggling to respond to the dynamics of technological advancements and digitization. The opportunity lies in the digitization of the planning process with Integrated Business Planning, which ensures real-time, secure access to insights anywhere and everywhere.
Fending Off the FinTechs: How Agile Financial Services Firms Are Transforming...Tata Consultancy Services
Explore why agile approaches are critical to making established financial services firms grow faster, become more competitive, and serve customers better, especially online.
TCS 2021 Global Financial Leadership Study - The Next Era in Financial Planni...Tata Consultancy Services
Read TCS’ study to know how global finance leaders are utilizing cloud-based systems & data analytics in finance to plug FP&A gaps & achieve sustainable growth.
How the CFO Can be an Effective Partner to the CEO in Navigating the Pandemic...Tata Consultancy Services
The pandemic has accelerated digital finance transformation & automation. Read how CFO’s role in digital transformation can help in navigating economic storm
Some businesses are moving much faster and better and others. How are the leaders of the most digitally savvy companies different? We found that they share five traits, learn more about these traits.
TCS Predictive Analytics Luncheon at The Westin Melbourne, 18th March 2014 by N. Sarma, Vice President & Head of Analytics and Insights, Tata Consultancy Services
A new CMO role: leveraging an organization’s purpose for strategic advantageTata Consultancy Services
Sales & marketing has seen a digital transformation & solving customer issues has become vital. These shifts will now reshape the jobs of CMOs, CEOs, & CFOs.
A glimpse of Cross Industry Roundtable held at Marriott, Troy on Reimagining Product Lifecycle Management (PLM) for Digitized Connected Product Ecosystem
Get insights on the adoption of Artificial Intelligence in North America, Europe, Latin America and Asia Pacific across 13 industries and 13 business functions. http://on.tcs.com/Artificial-Intelligence
Learn how the shift of back office systems to new cloud-based digital platforms is transforming how insurance and other financial products are administered and customers are handled.
Tap into digital data management opportunities on your road to digital transformation: Gain insights from data analytics to gain a competitive advantage!
With technology becoming essential to the way business is delivered, agility in the IT function alone is not enough. Here are more details about the assessment process, how to identify the pilot and which path to choose when replicating its success across the business.
Digital convergence is forcing companies to rethink their customer experience strategies. Responsive enterprises must respond to the market as it changes and adapt to the changes quickly.
Businesses are bound to see turbulent times & solid risk & crisis management plans are vital. Read how the leadership and stakeholders can sail through crisis.
"HFS envisions procurement as the ‘ecosystem builder’ for the enterprise, not just a cost-focused, back-office function. As the role of procurement radically transforms, the client expectations from third-party source-to-pay (S2P) services are also rapidly evolving.”
– Saurabh Gupta, Chief Research Officer
The End of Management Accounting As We Know It Chris Catto
How the Changing technological environment will shape management accounting practices over the next 10 years. Presented by Chris Catto CGMA CPA Certified Filemaker Developer
The Three Stages of Global Payroll ImplementationCloudPay
Download Full Report: https://www.cloudpay.net/cloudpaper/global-payroll-implementation
A Comprehensive Guide to Building a Business Case, Evaluating Vendors and Deploying a Solution. In the quest for better business performance, large organizations must continually evaluate the efficiency and effectiveness of their global operations. When the focus is on payroll, the review process can get stuck in an endless evaluation cycle. This is typically because, despite an overwhelming feeling that things can be improved, the evidence needed to convince decision-makers tends to fall short.
In this report, we explore three stages of payroll transformation: evaluation, selection and deployment. For those tasked with managing any of these critical steps, we provide real-world advice assimilated from many years of building business cases and running global payroll projects.
Businesses today are struggling to respond to the dynamics of technological advancements and digitization. The opportunity lies in the digitization of the planning process with Integrated Business Planning, which ensures real-time, secure access to insights anywhere and everywhere.
Modernized centers can also be catalysts for improved customer satisfaction and loyalty. A phased approach to modernization that allows for automation, customer engagement, and transformation, works best.
The Magic That Happens When Manufacturers Digitally Attach Themselves to Thei...Tata Consultancy Services
With IoT manufacturers can monitor the performance of their products after they leave the shop floor. As a result, they can gain deep insights into how customers are using their products. This knowledge can transform how they add value to customers and identify new revenue opportunities.
Manufacturing firms are using digital technologies to reimagine their businesses in entirely new ways. This infographic presents the findings from our survey of automotive and industrial manufacturers across the globe, about their digital strategies, investment, plans, challenges and key success factors
: Customers only do business with bricks-and-mortar companies if those companies offer a unique, value-laden CX. So how do executives break out of their industry pack and totally rethink the customer experience? The key is focusing on the outcomes that customers desire in doing business with you.
Master data management (mdm) & plm in context of enterprise product managementTata Consultancy Services
The presentation discusses the classical features and advantages of Master Data Management (MDM) system along with appropriate situations to use it. How do companies apply MDM who design, manufacture and sell their products in several geographies facing challenges in making appropriate decisions on their investment in PLM & MDM space?
Another important aspect covers the comparison/relation between a MDM system (or Product Master System) and Enterprise PLM system. How can you maximize your ROI on both PLM and MDM investments? With examples from different industries the key takeaways include whether your organization requires an MDM solution or not.
Realizing the Value of Social: Evolving from Social Media to Customer ExperienceTata Consultancy Services
Attivio provides a unified information access (UIA) platform called the Active Intelligence Engine (AIE), having capabilities of enterprise search and business intelligence (BI) to JOIN related and relevant ‘content’ and ‘data’ with Google-like full text search and analytics with standard SQL.
Personalization Boundaries: Tuning In to Customers Without Turning Them OffTata Consultancy Services
In the new data-rich world of commerce, product personalization offers exciting opportunities. Companies can tailor interactions with customers in ways that create a formidable competitive advantage.
Future of Horizontal Services by Harrick Vin, VP & Chief Scientist, TCS. The two functions of enterprise IT -- run the business (RTB) and change the business (CTB) -- are undergoing significant changes because of automation. In this presentation, we talked about what is fueling this change, and some of the challenges in realizing automation benefits in enterprises.
With the help of modular architecture comprising of industry-specific modules running on a common data and ecommerce platform, retailers can achieve successful digital transformation.
Digital transformation: How communications service providers can thrive in th...Tata Consultancy Services
Navigate the path to successful digital transformation. Through deep industry expertise, modular, customizable solutions that meet real needs, we help you stay ahead of customers’ needs and reduce costs.
The TCS-ING partnership is built on trust, provides great value and helps acc...Tata Consultancy Services
Recognizing ING’s need to innovate, TCS began supporting ING in its journey, soon becoming a partner of trust, providing immense value and accelerating ING’s efforts at innovation.
With the growing demands of digitally empowered customers, companies are looking to deliver differentiated CX as a source of long-term competitive advantage. Learn how to deliver best-in-class customer experience solutions that add value to your business.
TCS: Status quo, on track for revenue acceleration; maintain neutral - Motila...IndiaNotes.com
TCS retained its outlook for FY15 – of a healthy demand environment, accelerating organic revenue growth in FY15 and with normal seasonality of a stronger 1H v/s 2H. We estimate 5.5% QoQ growth USD3.7b in 1QFY15E. (50bpimpact from cross currency)
MindTree: Rupee appreciation drags revenue growth during Q1FY15IndiaNotes.com
Onsite pricing was up 2.7%, while offshore pricing declined by 0.5%. In INR terms revenues grew at a slower rate by 2.4% QoQ impacted by rupee appreciation during the quarter. EBITDA grew by 41.5% YoY, but fell by 4.9%.
Driving growth and differential performance among Class I railroadsDeloitte United States
Building a precision-scheduled railroad generated substantial benefit for Class I railroads and their shareholders when compared to their prior performance. However, with nearly all railroads pursuing the same strategy, we see differential performance among the Class I railroads driven primarily by changes in industrial production rather than strategic choices by management and Boards of Directors. Breaking away from the narrow range of industry peer performance will likely require more deliberate choices about the scope of operations and services that offer good prospects for returns on capital. Railroad executives should shift attention from operations to the configuration of commercial functions to help realize distinct competitive advantages and improved shareholder returns.
KPIT offers exposure to a highly attractive, rapidly expanding market (Automotive Electronics, Manufacturing and Energy & Utility), alongside an ability to capitalise as a low‐cost disruptor with compelling technology like ‘Revolo’. KPIT has one of the strongest industry positioning profiles in the Automotive Segments. Retain buy.
Artificial intelligence (AI) offers new opportunities to radically reinvent the way we do business. This study explores how CEOs and top decision makers around the world are responding to the transformative potential of AI.
To what extent has cloud become a continual source of innovation for organizations? Have they significantly altered their cloud outlook in the face of economic pressures? In what ways are cloud and artificial intelligence coming together?
How crucial is cloud as a catalyst for innovation for organizations in North America? Are investments in line with business objectives? To what extent is cloud fueling artificial intelligence? Learn these answers and other findings in this brief.
How do organizations in Europe view their cloud investments? Are they realizing the true potential of cloud to drive innovation at scale? Learn these answers and other findings in this brief.
How are organizations in the United Kingdom & Ireland using cloud-enabled business models to innovate at scale? What is cloud’s role in sustainability? Learn these answers and other findings in this brief.
How are organizations in Asia-Pacific using cloud to drive business innovation? How are they balancing the rising demand for data-intensive technologies with overall business objectives? What’s driving the move to industry cloud? Find out in this brief.
The retail consumer survey helps retailers analyze how consumer behavior in the US is influenced and how they can develop a CX strategy that brings ROI.
The retail consumer survey helps retailers analyze how consumer behavior in the UK is influenced and how they can develop a CX strategy that brings ROI.
Read the report about leaders balancing innovation with optimization, developing business growth strategies, & looking for growth in a digital ecosystem.
Enterprises storing PII data on the cloud need to secure data at rest and in transit from intruders. A five-fold approach can help build guardrails for enterprise PII data.
Retailers faced new challenges due to COVID-19 & adopting critical digital technologies helped them be agile, survive & improve customer experience. Read more.
Read how the logistics industry can transform & overcome the supply chain management challenges, build sustainable supply chains, & improve CX in the new normal.
Reduce cost, improve coverage, and enhance effectiveness by using UAVs/Drones...Tata Consultancy Services
End-to-end solution offering right from sensor selection to actionable insights generation to minimize asset downtime and cover hard-to-reach and risky areas.
Transforming Asset Inspection with “Insights-on-the-Go” using AR based hands-...Tata Consultancy Services
Insights-on-the-go” digitizes the Asset Inspection process by enabling the field worker with real-time contextual information and assisting in fault identification to improve decision-making and inspection efficiency.
Success with data begets more success. But blind spots and a lack of priorities around data can lead to lower success rates. These and other findings are available from our study of more than 1,000 CIOs in North America and Europe.
Leveraging IOT to transform clinical development and improve patient engagement. Creation of personalized patient centric trials by decoding modern clinical drug development challenges, identifying instances of trial non compliance, deploying smart IOT solutions, and finally establishing connected trials.
2. Disclaimer
Certain statements in this release concerning our future prospects are forward-looking
statements. Forward-looking statements by their nature involve a number of risks and
uncertainties that could cause actual results to differ materially from market expectations.
These risks and uncertainties include, but are not limited to our ability to manage growth,
intense competition among Indian and overseas IT services companies, various factors
which may affect our cost advantage, such as wage increases or an appreciating Rupee,
our ability to attract and retain highly skilled professionals, time and cost overruns on
fixed-price, fixed-time frame contracts, client concentration, restrictions on immigration,
our ability to manage our international operations, reduced demand for technology in our
key focus areas, disruptions in telecommunication networks, our ability to successfully
complete and integrate potential acquisitions, liability for damages on our service
contracts, the success of the companies in which TCS has made strategic investments,
withdrawal of governmental fiscal incentives, political instability, legal restrictions on
raising capital or acquiring companies outside India, unauthorized use of our intellectual
property and general economic conditions affecting our industry. TCS may, from time to
time, make additional written and oral forward-looking statements, including our reports
to shareholders. These forward-looking statements represent only the Company’s current
intentions, beliefs or expectations, and any forward-looking statement speaks only as of
the date on which it was made. The Company assumes no obligation to revise or update
any forward-looking statements.
16th Jan 2014
2
4. Q3 FY14 Performance Highlights
Revenue:
- INR Revenue of `212,940 Mn, growth of 1.5% QoQ and 32.5% YoY
- USD Revenue of $3,438 Mn, growth of 3.0% QoQ and 16.6% YoY
- International Revenue growth of 2.9% in CC and 3.8% in USD
Profit:
- Operating Income at ` 63,347 Mn, Operating Margin of 29.7%
- Net Income at ` 53,140 Mn, Net Margin of 25.0%
Demand:
- Clients in $50M+ revenue band increased by 2 and in $20M+ revenue band
increased by 4
- Strong growth in Manufacturing, Telecom and Life Sciences
People:
- Gross addition of 14,663 associates, closing headcount: 290,713
- Utilization at 84.3% (ex-trainees) and 77.5% (including trainees)
16th Jan 2014
4
9. Growth by Market
2.2%
7.4%
North America
6.3%
Latin America
11.6%
UK
52.7%
Continental Europe
India
17.5%
Asia Pacific
MEA
2.3%
Geography (% )
Q3 FY14
Q2 FY14
Q-o-Q
Growth
Q3 FY13
Y-o-Y
Growth
Americas
North America
52.7
53.2
0.6
53.6
30.3
Latin America
2.3
2.3
3.1
2.2
37.9
UK
17.5
17.3
2.9
17.5
33.0
Continental Europe
11.6
11.2
5.9
9.4
63.5
India
6.3
6.9
-8.6
7.7
7.9
Asia Pacific
7.4
7.1
5.3
7.5
29.9
MEA
2.2
2.0
9.8
2.1
38.3
Total
100.0
100.0
1.5
100.0
32.5
Europe
Growth in INR terms
Note: The growth rates reported here are based on actual revenues in INR. Calculating growth using the % Rev figures might result in some variance due to rounding error.
16th Jan 2014
9
10. Growth by Domain
3.5%
3.8%
2.3% 4.3%
BFSI
Telecom
5.9%
Retail & Distribution
42.7%
5.3%
Manufacturing
Hi-Tech
8.8%
Life Sciences & Healthcare
Travel & Hospitality
Energy & Utilities
13.8%
Media & Entertainment
9.6%
IP Revenue (%)
BFSI
Q3 FY14
Others
Q2 FY14
Q-o-Q
Growth
Q3 FY13
Y-o-Y
Growth
42.7
43.1
0.5
43.0
31.4
9.6
9.3
5.1
9.5
34.2
13.8
13.9
0.3
13.4
36.5
Manufacturing
8.8
8.4
6.1
8.5
36.9
Hi-Tech
5.3
5.4
0.2
5.8
22.5
Life Sciences & Healthcare
5.9
5.7
6.3
5.2
50.8
Travel & Hospitality
3.5
3.4
4.1
3.6
28.8
Energy & Utilities
3.8
3.8
0.2
3.8
31.6
Media & Entertainment
2.3
2.2
4.8
2.1
43.6
Others
4.3
4.8
-7.8
5.1
12.0
100.0
100.0
1.5
100.0
32.5
Telecom
Retail & Distribution
Total
Growth in INR terms
Note: The growth rates reported here are based on actual revenues in INR. Calculating growth using the % Rev figures might result in some variance due to rounding error.
16th Jan 2014
10
11. Growth by Service Line
Application Development & Maint.
12.1%
2.3%
41.4%
Enterprise Solutions
3.4%
Assurance Services
12.0%
Engineering & Industrial Services
Infrastructure Services
4.6%
Global Consulting
Asset Leveraged Solutions
8.5%
Business Process Services
15.7%
SP Revenue (%)
Q3 FY14
Q2 FY14
Q-o-Q
Growth
Q3 FY13
Y-o-Y
Growth
IT Solutions and Services
Application Development & Maint.
41.4
41.7
0.7
42.4
29.4
Enterprise Solutions
15.7
15.4
3.5
15.1
37.4
Assurance Services
8.5
8.5
2.2
7.7
46.4
4.6
4.7
-0.6
4.7
31.5
12.0
11.8
3.0
11.7
36.3
Global Consulting
3.4
3.3
4.4
3.2
36.7
Asset Leveraged Solutions
2.3
2.7
-13.7
2.8
8.0
12.1
11.9
3.1
12.4
29.7
100.0
100.0
1.5
100.0
32.5
Engineering & Industrial Services
Infrastructure Services
Business Process Services
Total
Growth in INR terms
Note: The growth rates reported here are based on actual revenues in INR. Calculating growth using the % Rev figures might result in some variance due to rounding error.
16th Jan 2014
11
13. Operational Parameters
Revenue %
Q3 FY14
Q2 FY14
Delivery Location
Local Delivery
46.8
46.5
Remote Delivery
53.2
53.5
5.4
5.4
47.8
48.1
Time & Material
48.3
48.5
Fixed Price & Time
51.7
51.5
Global DC
India DC
Contract Type
16th Jan 2014
13
14. Key Wins
Selected by a large global bank to provide ADM services for their payments and receivables
functions.
Engaged by a leading food and grocery retailer in North America as a strategic IT partner for all
application development, package implementation and Digital services
Awarded multi-year, multi-million dollar contract by a leading European pharmaceutical
company to provide drug safety services leveraging global delivery
Won multi-year engagement with a major North American telecom operator to provide
comprehensive mobile application lifecycle services for the development of a series of mobile
applications across all major mobile platforms integrated with network intelligence
Chosen by a global transportation conglomerate to provide remote infrastructure managed
services for its worldwide operations across its group companies
Selected by one of the market leaders in information services industry to accelerate its ERP
transformation roadmap and provide service transformation to a large portfolio of applications
Engaged by a leading North America based diversified industrial manufacturer to transform back
office operations in Finance and accounting
16th Jan 2014
14