tcs data sheet
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TCS Consolidated
(unaudited)
KEY FINANCIAL AND OPERATING METRICS
Contents
Income Statement and Balance Sheet - Consolidated, Unaudited as per IFRS (USD Mn)
Income Statement and Balance Sheet - Consolidated, Unaudited as per US GAAP (USD Mn)
Income Statement and Balance Sheet - Consolidated, Unaudited as per IFRS (INR Mn)
Income Statement and Balance Sheet - Consolidated, Unaudited as per US GAAP (INR Mn)
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
TCS Consolidated
(unaudited)
KEY FINANCIAL AND OPERATING METRICS
Sheet
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FY11 FY12
Revenue
$ 7,907 $ 9,852
Sale of Equipment and Software Licenses $ 280 $ 319
Total Revenue $ 8,187 $ 10,171
Employee cost $ 3,185 $ 3,911
Fees to External Consultants $ 309 $ 455
Cost of Equipment and Software Licenses $ 235 $ 278
Depreciation $ 108 $ 121
Travel $ 126 $ 145
Communication $ 90 $ 97
Facility Expenses $ 209 $ 244
Other Expenses $ 219 $ 259
Total Cost of Revenues $ 4,481 $ 5,509
Gross Profit $ 3,706 $ 4,661
Operating Expenses
Employee Cost $ 943 $ 1,236
Fees to External Consultants $ 40 $ 53
Provision for Doubtful Debts $ (16) $ 5
Depreciation $ 50 $ 67
Facility Expenses $ 132 $ 158
Travel $ 77 $ 105
Communication $ 31 $ 38
Education, Recruitment and Training $ 45 $ 46
Marketing and Sales Promotion $ 38 $ 47
Other Expenses $ 67 $ 100
Total Operating Expenses $ 1,408 $ 1,855
Operating Income $ 2,299 $ 2,806
Other Income/(Exp ) $ 118 $ 99
Income before Income Tax $ 2,416 $ 2,905
Income tax $ 475 $ 657
Income after income tax $ 1,941 $ 2,248
Non Controlling Interest $ (26) $ (24)
TCS Consolidated Income Statement as per IFRS - USD Mn
Information Technology and Consultancy Services
Selling, General and Administrative Expenses
Net profit $ 1,915 $ 2,223
$ 0.97 $ 1.14
1,957,220,996 1,957,220,996
FY11 FY12
Period Ending FY11 FY12
ASSETS
Current Assets
Cash and Cash Equivalents $ 349 $ 391
Bank Deposits $ 713 $ 752
Trade Receivables $ 1,838 $ 2,258
Investments $ 155 $ 158
Other Current Financial Assets $ 164 $ 305
Unbilled Revenue on Contracts $ 303 $ 441
Current Income Tax Assets $ 51 $ -
Other Current Assets $ 256 $ 197
Total Current Assets $ 3,827 $ 4,503
Non Current Assets
Bank Deposits $ 606 $ 543
Investments $ 258 $ 132
Other Non Current Financial Assets $ 129 $ 170
Non Current Income Tax Assets $ 202 $ 291
Deferred Income tax Assets $ 265 $ 346
Property, plant and Equipment $ 1,166 $ 1,267
Other Intangible Assets $ 43 $ 34
Goodwill $ 722 $ 652
Other Non-Current Assets $ 101 $ 121
Total Non Current Assets $ 3,491 $ 3,558
Total Assets $ 7,318 $ 8,061
LIABILITIES AND SHAREHOLDER'S EQUITY
Basic and Diluted EPS (after adjusting for bonus shares)
Weighted average no of shares used in computing Basic and Diluted EPS
Back
TCS Consolidated Balance Sheet as per IFRS - USD Mn
Current Liabilities
Trade and Other Payables $ 579 $ 607
Borrowings $ 8 $ 2
Mandatorily Redeemable Preference shares $ 22 $ 19
Other current financial liabilities $ 186 $ 172
Unearned and Deferred Revenue $ 173 $ 162
Employee benefit obligations $ 118 $ 126
Other provisions
Current Income Tax Liabilities $ 89 $ 80
Other Current Liabilities $ 124 $ 144
Total Current Liabilities $ 1,300 $ 1,312
Non Current Liabilities
Borrowings $ 9 $ 23
Other non current financial liabilities $ 53 $ 68
Employee benefit obligations $ 31 $ 43
Other provisions
Deferred Income Tax Liabilities $ 127 $ 85
Other Non-Current Liabilities $ 25 $ 38
Total Non-Current Liabilities $ 245 $ 256
Total Liabilities $ 1,545 $ 1,569
Shareholders' Equity
Share Capital $ 44 $ 44
Share Premium $ 427 $ 427
Retained Earnings $ 5,155 $ 6,523
Accumulated Other Comprehensive Income/(Loss) $ 76 $ (605)
Total Shareholders' Equity attributable to TCS Ltd $ 5,702 $ 6,389
Non Controlling Interests $ 71 $ 104
Total Liabilities and Shareholders' Equity $ 7,318 $ 8,061
Notes:
From 1QFY12, Consolidated Financial Statements are being prepared in accordance with the International Financial Reporting Standards (IFRS) as issued by the International Accounting Standards Board (IASB)
On April 4, 2014, the Company announced that it has chosen to apply IFRS 9 w.e.f April 1, 2013, much ahead of its mandatory adoption, because we believe the new standard is better aligned with our risk management policy and practice than the earlier IAS 39 standard. In accordance with the transition provisions set out in IFRS 9, we have restated the Net Foreign Exchange Gains / Losses as reported under IAS 39 from 1Q FY12 till 3Q FY14. The cells impacted by this restatement are colored light blue. For more details, please refer to Notes to Accounts to our Financial Statements.
** Ex-Adj excludes One time Special Employee Rewards of $ 423 Mn in 4QFY15 and FY15. Numbers including the one time adjustment are mentioned in the impacted Cell Comments.
* For Detailed schedules and Notes to Accounts, please visit www.tcs.com/investors/financial_info
Back
FY13 FY14 FY15 1Q16
EX-ADJ **
$ 11,244 $ 13,167 $ 15,137 $ 3,925
$ 325 $ 275 $ 317 $ 111
$ 11,568 $ 13,442 $ 15,454 $ 4,036
$ 4,377 $ 4,984 $ 5,926 $ 1,583
$ 638 $ 820 $ 998 $ 271
$ 281 $ 243 $ 303 $ 104
$ 123 $ 141 $ 208 $ 51
$ 163 $ 175 $ 238 $ 55
$ 98 $ 98 $ 123 $ 33
$ 247 $ 272 $ 354 $ 82
$ 303 $ 347 $ 428 $ 96
$ 6,229 $ 7,079 $ 8,577 $ 2,275
$ 5,339 $ 6,363 $ 6,877 $ 1,761
$ 1,476 $ 1,677 $ 1,930 $ 507
$ 58 $ 63 $ 86 $ 19
$ 10 $ 16 $ 26 $ 6
$ 75 $ 77 $ 98 $ 20
$ 180 $ 185 $ 166 $ 46
$ 135 $ 161 $ 154 $ 40
$ 43 $ 46 $ 50 $ 11
$ 45 $ 49 $ 38 $ 7
$ 46 $ 59 $ 69 $ 15
$ 148 $ 125 $ 110 $ 29
$ 2,216 $ 2,457 $ 2,727 $ 700
$ 3,124 $ 3,906 $ 4,150 $ 1,061
$ 199 $ 264 $ 513 $ 121
$ 3,323 $ 4,170 $ 4,663 $ 1,183
$ 741 $ 996 $ 1,087 $ 275
$ 2,582 $ 3,174 $ 3,576 $ 908
$ (28) $ (35) $ (35) $ 10
$ 2,554 $ 3,139 $ 3,541 $ 898
$ 1.31 $ 1.60 $ 1.81 $ 0.46
1,957,220,996 1,958,100,069 ### ###
FY13 FY14 FY15 1Q15
FY13 31-Mar-14 31-Mar-15 30-Jun-15
$ 339 $ 245 $ 298 $ 384
$ 915 $ 2,160 $ 2,618 $ 2,357
$ 2,594 $ 3,035 $ 3,266 $ 3,430
$ 200 $ 194 $ 244 $ 936
$ 900 $ 571 $ 434 $ 327
$ 578 $ 667 $ 612 $ 633
$ 1 $ 6 $ 12 $ 8
$ 270 $ 276 $ 335 $ 366
$ 5,798 $ 7,153 $ 7,819 $ 8,440
$ 446 $ 246 $ 80 $ 79
$ 175 $ 383 $ 37 $ 40
$ 117 $ 291 $ 370 $ 311
$ 356 $ 511 $ 654 $ 637
$ 394 $ 384 $ 397 $ 423
$ 1,508 $ 1,726 $ 1,849 $ 1,826
$ 26 $ 30 $ 35 $ 32
$ 619 $ 663 $ 593 $ 594
$ 122 $ 89 $ 145 $ 122
$ 3,764 $ 4,321 $ 4,159 $ 4,063
$ 9,563 $ 11,473 $ 11,978 $ 12,503
$ 786 $ 922 $ 1,411 $ 957
$ 19 $ 28 $ 39 $ 47
$ 18 $ - $ - $ -
$ 203 $ 211 $ 190 $ 949
$ 178 $ 175 $ 170 $ 175
$ 148 $ 174 $ 217 $ 230
$ 6 $ 17 $ 15
$ 75 $ 112 $ 87 $ 177
$ 188 $ 216 $ 214 $ 447
$ 1,615 $ 1,844 $ 2,345 $ 2,998
$ 24 $ 21 $ 18 $ 15
$ 64 $ 73 $ 106 $ 95
$ 64 $ 46 $ 33 $ 35
$ 18 $ 15 $ 16
$ 90 $ 93 $ 66 $ 87
$ 49 $ 51 $ 65 $ 66
$ 290 $ 302 $ 302 $ 314
$ 1,905 $ 2,146 $ 2,647 $ 3,312
$ 44 $ 44 $ 44 $ 44
$ 427 $ 428 $ 428 $ 428
$ 8,025 $ 10,289 $ 10,670 $ 10,679
$ (959) $ (1,548) $ (1,956) $ (2,112)
$ 7,537 $ 9,213 $ 9,185 $ 9,038
$ 121 $ 115 $ 146 $ 153
$ 9,563 $ 11,473 $ 11,978 $ 12,503
From 1QFY12, Consolidated Financial Statements are being prepared in accordance with the International Financial Reporting Standards (IFRS) as issued by the International Accounting Standards Board (IASB)
On April 4, 2014, the Company announced that it has chosen to apply IFRS 9 w.e.f April 1, 2013, much ahead of its mandatory adoption, because we believe the new standard is better aligned with our risk management policy and practice than the earlier IAS 39 standard. In accordance with the transition provisions set out in IFRS 9, we have restated the Net Foreign Exchange Gains / Losses as reported under IAS 39 from 1Q FY12 till 3Q FY14. The cells impacted by this restatement are colored light blue. For more details, please refer to Notes to Accounts to our Financial Statements.
** Ex-Adj excludes One time Special Employee Rewards of $ 423 Mn in 4QFY15 and FY15. Numbers including the one time adjustment are mentioned in the impacted Cell Comments.
www.tcs.com/investors/financial_info
From 1QFY12, Consolidated Financial Statements are being prepared in accordance with the International Financial Reporting Standards (IFRS) as issued by the International Accounting Standards Board (IASB)
On April 4, 2014, the Company announced that it has chosen to apply IFRS 9 w.e.f April 1, 2013, much ahead of its mandatory adoption, because we believe the new standard is better aligned with our risk management policy and practice than the earlier IAS 39 standard. In accordance with the transition provisions set out in IFRS 9, we have restated the Net Foreign Exchange Gains / Losses as reported under IAS 39 from 1Q FY12 till 3Q FY14. The cells impacted by this restatement are colored light blue. For more details, please refer to Notes to Accounts to our Financial Statements.
On April 4, 2014, the Company announced that it has chosen to apply IFRS 9 w.e.f April 1, 2013, much ahead of its mandatory adoption, because we believe the new standard is better aligned with our risk management policy and practice than the earlier IAS 39 standard. In accordance with the transition provisions set out in IFRS 9, we have restated the Net Foreign Exchange Gains / Losses as reported under IAS 39 from 1Q FY12 till 3Q FY14. The cells impacted by this restatement are colored light blue. For more details, please refer to Notes to Accounts to our Financial Statements.
On April 4, 2014, the Company announced that it has chosen to apply IFRS 9 w.e.f April 1, 2013, much ahead of its mandatory adoption, because we believe the new standard is better aligned with our risk management policy and practice than the earlier IAS 39 standard. In accordance with the transition provisions set out in IFRS 9, we have restated the Net Foreign Exchange Gains / Losses as reported under IAS 39 from 1Q FY12 till 3Q FY14. The cells impacted by this restatement are colored light blue. For more details, please refer to Notes to Accounts to our Financial Statements.
On April 4, 2014, the Company announced that it has chosen to apply IFRS 9 w.e.f April 1, 2013, much ahead of its mandatory adoption, because we believe the new standard is better aligned with our risk management policy and practice than the earlier IAS 39 standard. In accordance with the transition provisions set out in IFRS 9, we have restated the Net Foreign Exchange Gains / Losses as reported under IAS 39 from 1Q FY12 till 3Q FY14. The cells impacted by this restatement are colored light blue. For more details, please refer to Notes to Accounts to our Financial Statements.
On April 4, 2014, the Company announced that it has chosen to apply IFRS 9 w.e.f April 1, 2013, much ahead of its mandatory adoption, because we believe the new standard is better aligned with our risk management policy and practice than the earlier IAS 39 standard. In accordance with the transition provisions set out in IFRS 9, we have restated the Net Foreign Exchange Gains / Losses as reported under IAS 39 from 1Q FY12 till 3Q FY14. The cells impacted by this restatement are colored light blue. For more details, please refer to Notes to Accounts to our Financial Statements.
FY07
Revenue
Information Technology and Consultancy Services $ 3,930
Sale of Equipment and Software Licenses $ 194
Total Revenue $ 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
Operating Expenses
Selling, General and Administrative Expenses
Employee Cost $ 418
Provision for Doubtful Debts $ 6
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
Non Controlling Interest $ (9)
Equity in Net Earnings of Affialiates
TCS Consolidated Income Statement as per US GAAP - USD Mn
Net profit $ 915
EPS (after adjusting for bonus shares) $ 0.47
978,610,498
FY07
Period Ending FY07
ASSETS
Current Assets
Cash and Cash Equivalents $ 283
Bank Deposits $ -
Account Receivables $ 991
Unbilled Revenue on Contracts $ 180
Inventories $ 10
Prepaid Expenses and Other Receivables $ 250
Total Current Assets $ 1,713
Non Current Assets
$ -
Investments $ 291
Equity Method Investment in Affiliates $ 1
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 L $ -
Accrued Expenses and Other Current Liabilities $ 550
Unearned and Deferred Revenue $ 160
Short-term Debt $ 14
Total Current Liabilities $ 724
Weighted average no of shares used in computing EPS
Back
TCS Consolidated Balance Sheet as per US GAAP - USD Mn
Investments in debentures issued by Tata Sons and its subsidiaries
Non Current Liabilities
Long-Term Debt / Borrowings $ 139
Other Non-Current Liabilities $ 20
Total Non-Current Liabilities $ 159
Total Liabilities $ 882
Shareholders' Equity
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
Note : From 1QFY12, Consolidated Financial Statements are being prepared in accordance with the International Financial Reporting Standards (IFRS) as issued by the International Accounting Standards Board (IASB)
* For Detailed schedules and Notes to Accounts, please visit www.tcs.com/investors/financial_info
FY08 FY09 FY10 FY11
$ 5,340 $ 5,789 $ 6,140 $ 7,907
$ 295 $ 226 $ 199 $ 280
$ 5,634 $ 6,016 $ 6,339 $ 8,187
$ 2,457 $ 2,693 $ 2,799 $ 3,663
$ 243 $ 196 $ 171 $ 246
$ 96 $ 78 $ 94 $ 123
$ 70 $ 71 $ 56 $ 76
$ 50 $ 57 $ 62 $ 88
$ 68 $ 100 $ 116 $ 105
$ 159 $ 148 $ 114 $ 204
$ 3,143 $ 3,343 $ 3,412 $ 4,505
$ 2,491 $ 2,673 $ 2,927 $ 3,682
$ 671 $ 748 $ 744 $ 926
$ 9 $ 21 $ 41 $ (16)
$ 48 $ 46 $ 58 $ 51
$ 52 $ 58 $ 50 $ 70
$ 81 $ 60 $ 43 $ 61
$ 32 $ 32 $ 28 $ 32
$ 43 $ 27 $ 21 $ 46
$ 36 $ 42 $ 34 $ 44
$ 229 $ 206 $ 208 $ 165
$ 14 $ 8 $ 18 $ 23
$ 1,215 $ 1,248 $ 1,245 $ 1,402
$ 1,276 $ 1,425 $ 1,682 $ 2,280
$ 171 $ -97 $ 49 $ 117
$ 1,447 $ 1,327 $ 1,730 $ 2,397
$ 187 $ 190 $ 261 $ 475
$ 1,260 $ 1,137 $ 1,469 $ 1,922
$ (11) $ (13) $ (16) $ (26)
$ 1,249 $ 1,124 $ 1,454 $ 1,896
$ 0.64 $ 0.57 $ 0.74 $ 0.97
978,610,498 978,610,498 1,957,220,996 ###
FY08 FY09 FY10 FY11
FY08 FY09 FY10 FY11
$ 258 $ 288 $ 228 $ 338
$ - $ 226 $ 813 $ 725
$ 1,344 $ 1,213 $ 1,293 $ 1,839
$ 337 $ 292 $ 267 $ 303
$ 11 $ 7 $ 4 $ 5
$ 373 $ 277 $ 469 $ 647
$ 2,323 $ 2,303 $ 3,075 $ 3,856
$ - $ - $ 269 $ 282
$ 660 $ 340 $ 573 $ 131
$ 1 $ 1 $ 0 $ -
$ 753 $ 739 $ 928 $ 1,174
$ 91 $ 163 $ 158 $ 157
$ 277 $ 511 $ 564 $ 571
$ 259 $ 453 $ 581 $ 1,289
$ 2,041 $ 2,207 $ 3,074 $ 3,603
$ 4,364 $ 4,509 $ 6,149 $ 7,459
$ 25 $ 20 $ 22 $ 22
$ 846 $ 962 $ 978 $ 1,193
$ 177 $ 153 $ 163 $ 182
$ 9 $ 101 $ 51 $ 56
$ 1,058 $ 1,236 $ 1,214 $ 1,454
$ 143 $ 35 $ 2 $ 1
$ 19 $ 91 $ 187 $ 240
$ 162 $ 126 $ 189 $ 240
$ 1,219 $ 1,362 $ 1,403 $ 1,694
$ 22 $ 22 $ 42 $ 42
$ 547 $ 547 $ 527 $ 527
$ 2,296 $ 3,074 $ 4,117 $ 5,032
$ 223 $ (557) $ (24) $ 60
$ 3,087 $ 3,085 $ 4,662 $ 5,660
$ 57 $ 62 $ 84 $ 105
$ 4,364 $ 4,510 $ 6,149 $ 7,459
Note : From 1QFY12, Consolidated Financial Statements are being prepared in accordance with the International Financial Reporting Standards (IFRS) as issued by the International Accounting Standards Board (IASB)
www.tcs.com/investors/financial_info
Note : From 1QFY12, Consolidated Financial Statements are being prepared in accordance with the International Financial Reporting Standards (IFRS) as issued by the International Accounting Standards Board (IASB)
FY11 FY12 FY13
Revenue
360,464 473,605 612,230
Sale of Equipment and Software Licenses 12,782 15,333 17,665
Total Revenue 373,245 488,938 629,895
Cost of Revenues
Cost of Services
Employee Cost 145,255 187,710 238,361
Fees to External Consultants 14,155 21,912 34,720
Cost of Equipment and Software Licenses 10,388 13,403 15,267
Depreciation 4,909 5,807 6,688
Travel 5,736 6,916 8,868
Communication 4,109 4,666 5,340
Facility Expenses 9,452 11,673 13,431
Other Costs 10,294 12,475 16,514
Total Cost of Revenues 204,298 264,561 339,188
Gross Profit 168,947 224,377 290,707
Operating Expenses
Selling, General and Administrative Expenses
Employee Cost 43,008 59,454 80,353
Fees to External Consultants 1,841 2,529 3,161
Provision for Doubtful Debts -723 259 559
Depreciation 2,291 3,229 4,104
Facility Expenses 5,945 7,597 9,795
Travel 3,414 5,024 7,351
Communication 1,420 1,835 2,329
Education, Recruitment and Training 2,148 2,209 2,433
Marketing and Sales Promotion 1,751 2,251 2,516
Other Costs 2,847 4,823 8,026
Total Operating Expenses 63,941 89,209 120,627
Operating Income 105,006 135,168 170,080
Total Other Income/(Expense) 5,333 4,378 10,819
Income Before Income Taxes 110,339 139,546 180,899
Total Taxes 21,639 31,585 40,346
Net Profit After Taxes 88,700 107,961 140,553
Adjustments for Minority Interests
TCS Consolidated Income Statement as per IFRS - INR Mn
Information Technology and Consultancy Services
Non Controlling Interest (1,190) (1,111) (1,493)
Net Income Before Extraordinary Items 87,510 106,850 139,060
Net Income After Extraordinary Items 87,510 106,850 139,060
44.53 54.59 71.05
Dividend Per share (INR) 14 25 22
### 1,957,220,996 ###
FY11 FY12 FY13
Period Ending 31-Mar-11 31-Mar-12 FY13
ASSETS
Current Assets
Cash and Cash Equivalents 15,538 19,936 18,432
Bank Deposits 31,812 38,304 49,732
Accounts Receivable ( net of allowances ) 81,949 115,023 140,956
Investments 6,896 8,037 10,871
Other Current Financial Assets 7,313 15,541 48,895
Unbilled Revenue 13,489 22,478 31,410
Current Income Tax assets 2,264 - 49
Other Current Assets 11,394 10,049 14,677
Total Current Assets 170,655 229,368 315,022
Non Current assets
Bank Deposits 27,016 27,653 24,234
Other Non Current Financial Assets 5,733 8,681 6,374
Non Current Income Tax Assets 8,991 14,837 19,345
Deferred Income Tax Assets 11,803 17,645 21,422
Property, Plant and Equipment, net 51,996 64,548 81,944
Goodwill, net 32,206 33,238 33,636
Basic and Diluted EPS (after adjusting for bonus shares)
Weighted average no of shares used in computing Basic and Diluted EPS
Back
TCS Consolidated Balance Sheet as per IFRS - INR Mn
Other Intangible Assets, net 1,905 1,736 1,427
Investments 11,495 6,746 9,531
Other Non-Current Assets 4,511 6,171 6,610
Total Non-Current Assets 155,654 181,254 204,523
Total Assets 326,309 410,623 519,545
Liabilities
Current Liabilities
Trade and Other Payables 25,818 30,941 42,706
Short-term Borrowings 368 112 1,013
1,000 1,000 1,000
Other Current Financial Liabilities 8,281 8,758 11,027
Unearned and Deferred Revenue 7,720 8,230 9,663
Employee Benefit Obligation 5,273 6,415 8,042
Other provisions
Current Income Tax Liabilities 3,983 4,053 4,073
Accrued Expenses and Other Current Liabil 5,537 7,346 10,205
Total Current Liabilities 57,980 66,854 87,729
Non Current Liabilities
Long-Term Debt / Borrowings 380 1,154 1,310
Other Non Current Financial Liabilities 2,383 3,443 3,459
Employee Benefit Obligation 1,392 2,177 3,489
Other provisions
Deferred Income Tax Liabilities 5,650 4,331 4,880
Other Non-Current Liabilities 1,112 1,942 2,636
Total Non Current Liabilities 10,918 13,046 15,774
Total Liabilities 68,898 79,900 103,503
Shareholders' Equity
Common Stock - Par value / Share Capital 1,957 1,957 1,957
Additional Paid-in Capital / Share Premium 19,199 19,199 19,199
Accumulated Other Comprehensive Income 1,413 5,358 9,086
Retained Earnings 231,696 298,933 379,239
Total Shareholders' Equity 254,265 325,447 409,481
Non Controlling Interests 3,147 5,275 6,561
326,309 410,623 519,545
LIABILITIES AND SHAREHOLDER'S EQUITY
Mandatorily Redeemable Preference shares with Tata Sons Ltd
Total Liabilities and Shareholders' Equity
Notes :
From 1QFY12, Consolidated Financial Statements are being prepared in accordance with the International Financial Reporting Standards (IFRS) as issued by the International Accounting Standards Board (IASB)
On April 4, 2014, the Company announced that it has chosen to apply IFRS 9 w.e.f April 1, 2013, much ahead of its mandatory adoption, because we believe the new standard is better aligned with our risk management policy and practice than the earlier IAS 39 standard. In accordance with the transition provisions set out in IFRS 9, we have restated the Net Foreign Exchange Gains / Losses as reported under IAS 39 from 1Q FY12 till 3Q FY14. The cells impacted by this restatement are colored light blue. For more details, please refer to Notes to Accounts to our Financial Statements.
** Ex-Adj excludes One time Special Employee Rewards of ` 26,279 Mn in 4QFY15 and FY15 in the Consolidated Income Statement. Numbers including the one time adjustment are mentioned in the impacted Cell Comments.
* For Detailed schedules and Notes to Accounts, please visit www.tcs.com/investors/financial_info
Back
FY14 FY15 1Q16
EX-ADJ **
801,398 927,017 249,611
16,695 19,467 7,070
818,094 946,484 256,681
303,182 362,844 100,676
49,970 61,165 17,236
14,701 18,601 6,586
8,581 12,719 3,249
10,642 14,567 3,515
5,925 7,515 2,095
16,518 21,662 5,198
21,126 26,210 6,124
430,644 525,283 144,680
387,449 421,201 112,002
101,909 118,164 32,242
3,827 5,280 1,205
953 1,605 395
4,662 5,980 1,286
11,235 10,175 2,929
9,771 9,452 2,511
2,815 3,045 714
2,972 2,301 462
3,612 4,205 948
7,615 6,750 1,827
149,369 166,957 44,518
238,080 254,244 67,484
15,891 31,397 7,711
253,970 285,641 75,195
60,713 66,566 17,468
193,258 219,075 57,727
(2,090) (2,114) 638
191,168 216,961 57,089
191,168 216,961 57,089
97.63 110.77 29.15
32 79 5.5
1,958,100,069 ### ###
FY14 FY15 1Q15
31-Mar-14 31-Mar-15 30-Jun-15
14,688 18,622 24,452
129,754 163,829 150,101
182,304 204,399 218,453
11,631 15,261 59,614
34,273 27,142 20,807
40,056 38,271 40,342
338 749 488
16,568 20,990 23,342
429,613 489,263 537,598
14,773 5,001 5,000
17,475 23,156 19,778
30,688 40,930 40,573
23,060 24,818 26,945
103,644 115,716 116,331
39,797 37,115 37,826
1,772 2,193 2,032
22,986 2,282 2,558
5,320 9,064 7,761
259,512 260,274 258,804
689,125 749,537 796,402
55,365 88,318 60,953
1,696 2,434 3,015
- - -
12,663 11,878 60,449
10,507 10,623 11,155
10,469 13,561 14,670
376 1,030 956
6,702 5,456 11,299
12,973 13,415 28,459
110,752 146,716 190,957
1,273 1,143 948
4,380 6,618 6,078
2,749 2,034 2,256
1,107 945 1,019
5,556 4,142 5,515
3,052 4,037 4,210
18,117 18,919 20,025
128,869 165,634 210,982
1,959 1,959 1,959
19,203 19,203 19,203
14,759 10,824 11,161
517,434 542,782 543,368
553,355 574,767 575,690
6,902 9,136 9,730
689,125 749,537 796,402
From 1QFY12, Consolidated Financial Statements are being prepared in accordance with the International Financial Reporting Standards (IFRS) as issued by the International Accounting Standards Board (IASB)
On April 4, 2014, the Company announced that it has chosen to apply IFRS 9 w.e.f April 1, 2013, much ahead of its mandatory adoption, because we believe the new standard is better aligned with our risk management policy and practice than the earlier IAS 39 standard. In accordance with the transition provisions set out in IFRS 9, we have restated the Net Foreign Exchange Gains / Losses as reported under IAS 39 from 1Q FY12 till 3Q FY14. The cells impacted by this restatement are colored light blue. For more details, please refer to Notes to Accounts to our Financial Statements.
** Ex-Adj excludes One time Special Employee Rewards of ` 26,279 Mn in 4QFY15 and FY15 in the Consolidated Income Statement. Numbers including the one time adjustment are mentioned in the impacted Cell Comments.
www.tcs.com/investors/financial_info
From 1QFY12, Consolidated Financial Statements are being prepared in accordance with the International Financial Reporting Standards (IFRS) as issued by the International Accounting Standards Board (IASB)
On April 4, 2014, the Company announced that it has chosen to apply IFRS 9 w.e.f April 1, 2013, much ahead of its mandatory adoption, because we believe the new standard is better aligned with our risk management policy and practice than the earlier IAS 39 standard. In accordance with the transition provisions set out in IFRS 9, we have restated the Net Foreign Exchange Gains / Losses as reported under IAS 39 from 1Q FY12 till 3Q FY14. The cells impacted by this restatement are colored light blue. For more details, please refer to Notes to Accounts to our Financial Statements.
** Ex-Adj excludes One time Special Employee Rewards of ` 26,279 Mn in 4QFY15 and FY15 in the Consolidated Income Statement. Numbers including the one time adjustment are mentioned in the impacted Cell Comments.
On April 4, 2014, the Company announced that it has chosen to apply IFRS 9 w.e.f April 1, 2013, much ahead of its mandatory adoption, because we believe the new standard is better aligned with our risk management policy and practice than the earlier IAS 39 standard. In accordance with the transition provisions set out in IFRS 9, we have restated the Net Foreign Exchange Gains / Losses as reported under IAS 39 from 1Q FY12 till 3Q FY14. The cells impacted by this restatement are colored light blue. For more details, please refer to Notes to Accounts to our Financial Statements.
On April 4, 2014, the Company announced that it has chosen to apply IFRS 9 w.e.f April 1, 2013, much ahead of its mandatory adoption, because we believe the new standard is better aligned with our risk management policy and practice than the earlier IAS 39 standard. In accordance with the transition provisions set out in IFRS 9, we have restated the Net Foreign Exchange Gains / Losses as reported under IAS 39 from 1Q FY12 till 3Q FY14. The cells impacted by this restatement are colored light blue. For more details, please refer to Notes to Accounts to our Financial Statements.
On April 4, 2014, the Company announced that it has chosen to apply IFRS 9 w.e.f April 1, 2013, much ahead of its mandatory adoption, because we believe the new standard is better aligned with our risk management policy and practice than the earlier IAS 39 standard. In accordance with the transition provisions set out in IFRS 9, we have restated the Net Foreign Exchange Gains / Losses as reported under IAS 39 from 1Q FY12 till 3Q FY14. The cells impacted by this restatement are colored light blue. For more details, please refer to Notes to Accounts to our Financial Statements.
On April 4, 2014, the Company announced that it has chosen to apply IFRS 9 w.e.f April 1, 2013, much ahead of its mandatory adoption, because we believe the new standard is better aligned with our risk management policy and practice than the earlier IAS 39 standard. In accordance with the transition provisions set out in IFRS 9, we have restated the Net Foreign Exchange Gains / Losses as reported under IAS 39 from 1Q FY12 till 3Q FY14. The cells impacted by this restatement are colored light blue. For more details, please refer to Notes to Accounts to our Financial Statements.
FY05 FY06
Revenue
Information Technology and Consultancy Services 96,013 123,986
Sale of Equipment and Software Licenses 10,381 8,468
Total Income 106,394 132,454
Cost of Revenue
Cost of Services
Employee Cost 44,760 56,901
Cost of Equipment and Software Licenses 9,373 7,421
Depreciation 1,129 1,931
Travel 1,820 2,354
Communication 846 1,185
Rent - -
Other Costs 2,771 3,741
Total Cost of Revenues 60,699 73,533
Gross Profit 45,696 58,922
Operating Expenses
Selling, General and Administrative Expenses
Employee Cost 11,548 12,339
Provision for Doubtful Debts 291 405
Depreciation 512 879
Facility Expenses 778 1,074
Travel 1,569 1,904
Communication 702 877
Education, Recruitment and Training 403 786
Professional Fees 1,351 1,164
Other Costs 4,150 5,186
Research & Development Expenses 403 415
Total Operating Expenses 21,707 25,028
Operating Income 23,989 33,894
Total Other Income/(Expense) 2,113 190
Income Before Income Taxes 26,102 34,084
Total Taxes 4,799 4,989
Net Profit After Taxes 21,303 29,095
Adjustments for Minority Interests
TCS Consolidated Income Statement as per US GAAP - INR Mn
Non Controlling Interest (79) (279)
Equity in net earnings of affiliates 3 16
Net Income Before Extraordinary Items 21,227 28,831
Extraordinary Gains/(Losses)
Employee compensation-related 49 -
Net Income After Extraordinary Items 21,276 28,831
EPS (after adjusting for bonus shares) 10.91 58.94
Dividend Per share (INR) 12 14
SHARE CAPITAL
Average No. of Shares Outstanding (million)
Basic 470,461,111 489,305,249
Diluted 470,461,111 489,305,249
FY05 FY06
Period Ending 31-Mar-05 31-Mar-06
ASSETS
Current Assets
Cash and Cash Equivalents 2,633 3,965
Bank Deposits - -
Accounts Receivable ( net of allowances ) 20,343 32,790
Unbilled Revenue 2,203 4,712
Inventories 320 806
Prepaid Expenses and Other Current Assets 5,092 7,327
Total Current Assets 30,590 49,600
Non Current assets
Property, Plant and Equipment, net 10,870 15,072
Goodwill, net 447 4,630
Other Intangible Assets, net 84 4,063
Investments 4,183 7,086
Back
TCS Consolidated Balance Sheet as per US GAAP - INR Mn
- -
Equity in Affiliates 14 188
Other Non-Current Assets 2,721 4,988
Total Non-Current Assets 18,318 36,026
Total Assets 48,908 85,626
LIABILITIES AND SHAREHOLDER'S EQUITY
Liabilities
Current Liabilities
Short-term Borrowings 1,928 987
- -
Unearned and Deferred Revenue 1,772 5,317
Accrued Expenses and Other Current Liabilities 11,424 17,401
Total Current Liabilities 15,124 23,706
Non Current Liabilities
Long-Term Debt / Borrowings - 1,428
Other Non-Current Liabilities 483 521
Total Non Current Liabilities 483 1,949
Total Liabilities 15,608 25,655
Shareholders' Equity
Common Stock - Par value / Share Capital 480 489
Additional Paid-in Capital / Share Premium 21,584 24,862
Accumulated Other Comprehensive Income/(Loss) (183) (144)
Retained Earnings 10,096 33,201
Total Shareholders' Equity 31,977 58,408
Non Controlling Interests 1,323 1,564
Total Liabilities and Shareholders' Equity 48,908 85,626
Note : From 1QFY12, Consolidated Financial Statements are being prepared in accordance with the International Financial Report
Investment in debentures issued by Tata Sons and its subsidiaries
Mandatorily Redeemable Preference shares with Tata Sons Ltd
* For Detailed schedules and Notes to Accounts, please visit www.tcs.com/investors/financial_info
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FY07 FY08 FY09 FY10 FY11
177,372 214,347 267,819 290,852 360,464
8,789 11,828 10,310 9,437 12,782
186,160 226,175 278,129 300,289 373,245
82,657 98,630 124,465 132,613 166,975
6,783 9,720 8,937 8,118 11,227
2,912 3,851 3,645 4,468 5,631
2,531 2,838 3,227 2,668 3,469
1,526 2,046 2,643 2,925 4,044
1,603 2,766 4,615 5,475 4,812
6,114 6,343 6,859 5,401 9,234
104,126 126,195 154,391 161,668 205,392
82,034 99,981 123,738 138,621 167,853
18,859 26,965 34,621 35,274 42,216
254 381 998 1,947 (764)
1,384 1,897 2,119 2,739 2,359
1,820 2,076 2,723 2,398 3,199
2,565 3,248 2,747 2,034 2,754
1,062 1,285 1,466 1,313 1,402
1,319 1,735 1,234 977 2,141
1,420 1,454 1,955 1,633 1,977
6,647 9,162 9,386 9,865 7,599
432 565 475 851 1,067
35,762 48,768 57,726 59,031 63,950
46,272 51,212 66,012 79,590 103,903
2,116 6,889 (4,671) 2,255 5,244
48,388 58,101 61,341 81,845 109,147
6,700 7,494 9,011 12,202 21,204
41,689 50,607 52,330 69,643 87,943
(417) (425) (605) (738) (1,115)
44 8 (7) (10) 0
41,316 50,190 51,718 68,894 86,828
- - - - -
41,316 50,190 51,718 68,894 86,828
42.22 25.64 26.43 35.12 44.53
13 14 14 20 14
978,610,498 978,610,498 978,610,498 1,957,220,996 1,957,220,996
978,610,498 978,610,498 978,610,498 1,957,220,996 1,957,220,996
FY07 FY08 FY09 FY10 FY11
31-Mar-07 31-Mar-08 31-Mar-09 31-Mar-10 31-Mar-11
12,291 10,352 14,625 10,249 15,078
- - - 36,525 32,323
43,090 53,903 61,532 58,098 81,990
7,835 13,525 14,814 12,011 13,489
416 424 366 178 228
11,221 14,965 31,666 21,089 28,840
74,853 93,170 123,003 138,149 171,948
22,912 30,214 37,490 41,706 52,340
9,744 11,105 25,906 25,333 25,472
4,234 3,633 8,279 7,082 6,982
12,661 26,475 17,232 25,746 5,833
- - - 12,077 12,557
50 28 39 17 -
6,193 10,399 16,853 26,103 57,474
55,794 81,854 105,799 138,064 160,660
130,648 175,024 228,802 276,213 332,608
605 371 5,158 2,307 2,500
- 1,000 1,000 1,000 1,000
6,944 7,101 7,762 7,311 8,126
24,414 33,949 44,395 46,899 53,211
31,963 42,421 58,315 57,516 64,837
6,020 5,727 1,762 111 40
884 756 9,048 5,413 10,678
6,904 6,483 10,810 5,524 10,718
38,866 48,904 69,124 63,040 75,555
979 979 979 1,957 1,957
24,372 24,372 24,372 23,401 23,401
673 (418) (3,386) 35 1,844
63,637 98,887 134,580 184,011 225,187
89,661 123,820 156,545 209,404 252,389
2,121 2,300 3,133 3,768 4,663
130,648 175,024 228,802 276,213 332,608
Note : From 1QFY12, Consolidated Financial Statements are being prepared in accordance with the International Financial Report - www.tcs.com/investors/financial_info
Operating Metrics
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TCS OPERATING METRICS FY05 FY06 FY07 FY08 FY09 FY10 FY11 FY12 FY13 FY14
Revenue Distribution by Geography - Old Classification
Americas 59.5% 59.0% 56.2% 54.8% 56.2% 57.5% 57.5% 56.4% 56.0%
North America 57.0% 52.3% 50.4% 51.5% 52.8% 53.9% 53.3% 52.7%
Latin America 2.0% 3.9% 4.4% 4.7% 4.7% 3.6% 3.1% 3.3%
Europe 23.2% 22.4% 28.5% 29.2% 29.5% 26.7% 24.8% 25.3% 26.6%
UK 15.5% 20.3% 19.9% 19.0% 16.2% 15.5% 15.2% 17.1%
Continental Europe 6.9% 8.2% 9.3% 10.5% 10.5% 9.3% 10.1% 9.5%
India 11.7% 12.5% 9.0% 9.1% 7.8% 8.7% 9.2% 8.6% 7.8%
Asia Pacific 4.1% 4.8% 5.2% 4.7% 5.2% 6.6% 7.6% 7.5%
MEA 1.9% 1.5% 1.7% 1.8% 1.9% 1.9% 2.1% 2.1%
Others 5.6%
Total 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0%
Revenue Distribution by Geography - New Classification
Americas 55.9% 55.3%
North America 53.7% 53.0%
Latin America * 2.2% 2.3%
Europe 26.7% 28.7%
UK 17.1% 17.5%
Continental Europe 9.6% 11.2%
India 7.8% 6.7%
Asia Pacific 7.5% 7.2%
MEA 2.1% 2.1%
Total 100.0% 100.0%
* Reclassified based on location of contracts, as is done in other regions
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Revenue Distribution by Service Practice
Operating Metrics
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ADM and Engineering Services 72.9%
Application Development & Maintenance 58.2% 52.2% 48.3% 48.5% 48.7% 46.5% 44.7% 42.8% 41.6%
Enterprise Solutions 21.8% 22.3% 21.7% 22.8% 20.7% 16.2% 15.4% 15.6% 15.2% 15.5%
Assurance Services 1.5% 2.3% 3.8% 4.3% 5.0% 6.8% 7.5% 7.7% 8.4%
Engineering & Industrial Services 6.6% 5.8% 5.4% 6.0% 5.0% 4.8% 4.6% 4.6% 4.7%
Infrastructure Services 4.4% 6.0% 6.5% 8.0% 8.4% 9.4% 10.1% 11.5% 11.9%
Global Consulting 2.9% 3.4% 3.4% 2.7% 1.9% 2.2% 2.6% 3.0% 3.4%
Asset Leveraged Solutions 2.6% 2.7% 2.8% 3.6% 2.9% 3.3% 3.6% 3.9% 2.7% 2.5%
Business Process Services 1.4% 5.8% 6.2% 6.9% 11.5% 11.3% 11.0% 12.5% 12.0%
Others 2.7%
Total 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0%
Revenue Distribution by Industry Practice
BFSI 38.4% 41.2% 42.2% 43.6% 42.3% 44.92% 44.3% 43.1% 43.1% 42.9%
Retail and Distribution 6.8% 6.6% 7.1% 7.7% 10.3% 10.59% 11.0% 12.2% 13.3% 13.8%
Manufacturing 19.3% 17.2% 15.3% 9.6% 10.5% 8.10% 7.4% 7.8% 8.3% 8.5%
Telecom 16.4% 15.1% 17.0% 16.2% 14.4% 12.65% 12.1% 10.5% 9.8% 9.5%
Life Sciences and Healthcare 4.0% 4.6% 4.3% 5.5% 5.2% 5.09% 5.2% 5.3% 5.2% 5.8%
Hi Tech 6.9% 6.5% 4.24% 4.9% 5.9% 5.8% 5.4%
Energy and Utilities 3.0% 2.5% 2.4% 2.7% 2.8% 2.90% 4.2% 4.0% 3.7% 3.8%
Travel and Hospitality 4.2% 3.6% 3.2% 4.3% 4.1% 3.19% 3.4% 3.8% 3.5% 3.4%
Media & Entertainment 1.5% 1.9% 1.89% 2.1% 2.2% 2.2% 2.3%
Others 7.9% 9.2% 8.5% 2.0% 2.0% 6.43% 5.4% 5.2% 5.1% 4.6%
Total 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0%
Time and Materials 48.00% 50.2% 58.7% 55.9% 55.2% 52.2% 50.6% 52.6% 52.8%
Fixed Time, Fixed Price 52.00% 49.8% 41.3% 44.1% 44.8% 47.8% 49.4% 47.4% 47.2%
Total ### 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0%
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Revenue by Contract Type (as a % of International Revenue) # - Old Classification
Operating Metrics
Printed on 04/22/2023 at 03:37:03 Page 51 of 64
Time and Materials 48.0%
Fixed Time, Fixed Price 52.0%
Total 100.0%
# Excludes Domestic Clients
* Includes service revenues from India
Offshore 38.70% 37.4% 40.5% 41.9% 44.2% 51.0% 51.0% 50.6% 49.4%
Onsite 61.30% 62.6% 55.7% 53.9% 51.2% 43.3% 44.0% 45.0% 45.4%
GDC 3.8% 4.2% 4.6% 5.7% 5.0% 4.4% 5.2%
Total ### 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0%
India DC 47.9%
Local Delivery 46.7%
Global DC 5.4%
Total 100.0%
# Excludes Domestic Clients
* Includes service revenues from India
Currency Mix ( % of Revenue )
USD 57.1% 58.2% 58.6% 59.4% 59.3% 58.5% 57.1%
Revenue by Contract Type - New Classification *
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Revenue by Delivery Location (as a % of International Revenue) # - Old Classification
Revenue by Delivery Location - New Classification *
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Operating Metrics
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GBP 16.7% 15.6% 13.1% 12.5% 12.4% 14.8% 15.3%
EUR 7.7% 8.3% 7.8% 7.1% 7.6% 6.7% 8.6%
OTHERS 18.6% 17.9% 20.5% 21.1% 20.7% 20.0% 18.9%
Total 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0%
Average Realized Rates in INR
USD 40.14 46.30 47.36 45.60 48.12 54.55 60.85
GBP 80.63 78.33 75.74 71.00 77.02 85.89 97.36
EUR 57.46 65.52 67.09 60.40 66.36 70.27 81.93
TCS CLIENT METRICS
Clients Contribution - Old Classification
Top Client * 5.1% 3.7% 6.6% 6.5% 4.7% 8.2% 7.4% 6.8% 6.1% Discontinued
Top 5 Clients * 19.3% 17.0% 18.5% 18.9% 18.6% 21.8% 21.4% 19.2% 17.8% Discontinued
Top 10 Clients * 30.5% 27.5% 28.4% 29.1% 26.9% 30.2% 29.6% 27.1% 25.2% Discontinued
USD 1 mn clients * 214 256 297 358 405 409 458 522 556
USD 5 mn clients * 76 96 119 143 172 183 208 245 277
USD 10 mn clients * 42 54 75 100 111 118 143 170 196
USD 20 mn clients * 25 31 39 56 62 63 81 99 115
USD 50 mn clients * 5 9 14 19 24 23 27 43 48
USD 100 mn clients * 3 7 7 7 8 14 16
Active Clients 621 929 920 929 1014 1034 1034 1076 1156 Discontinued
New Clients Added 246 330 218 212 163 127 140 141 153 Discontinued
* LTM Revenues
Clients Contribution - New Classification
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Operating Metrics
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USD 1 mn clients * 638 714
USD 5 mn clients * 290 354
USD 10 mn clients * 211 231
USD 20 mn clients * 121 136
USD 50 mn clients * 52 53
USD 100 mn clients * 17 24
* Last Twelve Months' services revenues; includes clients in India
Revenue from Repeat Business ^ 95.1% 95.2% 96.8% 96.4% 97.1% 97.5% 97.8% 98.4% 98.6% Discontinued
^ Reset at the beginning of Financial Year
TCS EMPLOYEE METRICS
Total Headcount 45,714 66,480 89,419 111,407 143,761 160,429 198,614 238,583 276,196 300,464
Talent AcquisitionTrainees 20,988 27,633 32,734 35,769 20,961
Experienced Professionals 13,582 34,459 28,321 23,507 25,919
Overseas subsidiaries and Branches 3,493 7,593 9,345 10,452 14,320
Total Employees Recruited 38,063 69,685 70,400 69,728 61,200
Net Addition 16,668 38,185 39,969 37,613 24,268
LTM Attrition *
Attrition : IT Services 10.6% 12.0% 10.5% 11.0% 13.1% 11.1% 9.4% 10.4%
Attrition : BPO 20.2% 18.7% 21.6% 21.6% 25.5% 21.6% 19.5% 14.9%
Overall Attrition 9.9% 11.3% 12.6% 11.4% 11.8% 14.4% 12.2% 10.6% 11.3%
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Operating Metrics
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Utilization *
Including Trainees
Excluding Trainees
* excluding CMC & Diligenta
Number of Nationalities of associates 53 67 62 67 80 99 110 118 118
% of Women associates 21.6% 24.0% 26.0% 27.8% 30.1% 30.4% 30.3% 31.6% 32.4% 32.7%
Experience Profile
0-3 years 43.0% 49.0% 52.0% 50.7% 46.2% 43.2% 43.0% 37.6% 39.2%Discontinued
>3 years 57.0% 51.0% 48.0% 49.3% 53.8% 56.8% 57.0% 62.4% 60.8%Discontinued
Revenue Growth in Constant Currency (CC)
QoQ CC Revenue Growth by Geography
North America
Latin America
UK
Continental Europe
India
Asia Pacific
MEA
Total
YoY CC Revenue Growth by Geography
North America
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Operating Metrics
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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
Life Sciences and Healthcare
Hi Tech
Energy and Utilities
Travel and Hospitality
Media & Entertainment
Operating Metrics
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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
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Operating Metrics
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FY15 1Q16
54.0% 54.7%
51.9% 52.8%
2.1% 1.9%
28.3% 27.1%
16.7% 16.1%
11.6% 11.0%
6.4% 6.4%
9.3% 9.6%
2.0% 2.2%
100.0% 100.0%
Operating Metrics
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40.2% 40.3%
15.6% 15.1%
8.5% 8.5%
4.5% 4.5%
13.8% 14.7%
3.3% 2.9%
2.4% 2.5%
11.7% 11.5%
100.0% 100.0%
40.7% 40.6%
13.6% 13.8%
9.8% 9.9%
8.8% 8.6%
6.4% 6.9%
5.8% 5.8%
4.1% 4.0%
3.5% 3.5%
2.7% 2.5%
4.6% 4.4%
100.0% 100.0%
Operating Metrics
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48.0% Discontinued
52.0% Discontinued
100.0%
46.2% Discontinued
48.2% Discontinued
5.6% Discontinued
100.0%
55.4% 56.9%
Operating Metrics
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14.9% 14.2%
8.5% 7.7%
21.2% 21.2%
100.0% 100.0%
61.26 63.59
98.34 98.24
76.86 70.30
DiscontinuedDiscontinued
DiscontinuedDiscontinued
DiscontinuedDiscontinued
DiscontinuedDiscontinued
DiscontinuedDiscontinued
Operating Metrics
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791 804
389 391
261 268
162 172
68 69
29 30
DiscontinuedDiscontinued
319,656 324,935
22,133 6,425
29,394 9,337
15,596 4,540
67,123 20,302
19,192 5,279
DiscontinuedDiscontinued
DiscontinuedDiscontinued
14.9% 15.9%
Operating Metrics
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82.90%
86.30%
122 124
33.0% 33.5%
DiscontinuedDiscontinued
DiscontinuedDiscontinued
4.4%
-5.1%
2.8%
2.2%
2.6%
2.6%
8.1%
3.5%
11.4%
Operating Metrics
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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%
21.8%
21.3%
22.2%
16.7%
0.9%
Operating Metrics
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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%