Share of TCS Limited is currently trading at around Rs.3140/- Existing as well as prospective investors are asking for the TCS share price target from 2023 to 2030. In this article, we will discuss about the business prospects and financial performance of TCS and based on our discussion and analysis will tell you the Target price of the Company from 2023 to 2030.
Tata Consultancy Services Limited (TCS) is one of the leading global information technology consulting and business solutions companies, providing a wide range of services, including application development and maintenance, infrastructure management, engineering, and assurance services. TCS operates in more than 46 countries and has a workforce of over 500,000 employees.
Business Prospects:
TCS has a strong focus on digital transformation, cloud, and data analytics, which are the areas of high growth and high margins. The company has been investing heavily in these areas and has built a strong portfolio of digital solutions and services. The company has also been expanding its global footprint by entering new markets and acquiring companies that complement its existing capabilities.
TCS has a diversified client base, including some of the world’s largest companies across industries such as banking, financial services, and insurance, retail, healthcare, and energy. This diversification helps the company mitigate risks from any industry-specific slowdowns and provides a stable revenue stream.
TCS has a strong reputation for quality and delivery excellence, which has helped the company win large deals and maintain long-term relationships with its clients. The company’s digital capabilities and solutions are increasingly becoming critical to clients’ success, which is expected to drive higher revenue growth and margin expansion.
Financial Fundamentals:
TCS has a strong financial position, with a net cash position of over $4 billion as of March 2021. The company has consistently generated strong cash flows from operations, which have enabled it to invest in growth initiatives, pay dividends, and maintain a healthy balance sheet.
TCS has a robust revenue growth track record, with a five-year revenue CAGR of 8.3%. In FY 2021, the company’s revenue grew by 4.6% year-over-year to $22.2 billion. The company’s digital revenue grew by 31.7% YoY in FY 2021 and now contributes over 35% of its overall revenue.
TCS has a strong profitability profile, with a 5-year EBITDA margin average of 26.5%. In FY 2021, the company’s EBITDA margin was 26.8%, which was an improvement of 60 bps YoY. The company’s operating income grew by 8.7% YoY to $5.9 billion in FY 2021.
TCS has consistently paid dividends to its shareholders and has a dividend payout ratio of over 80%. The company’s dividend per share has grown at a CAGR of 19.2% over the past five years.
In conclusion, TCS Limited has strong business prospects, with a focus on digital transformation and a diversified client base. The company has a strong financial position, with consistent revenue growth, healthy profitability, and a strong dividend payout track record.
TCS Share Price Target 2023
Based on the above discussion and analysis, the share price of TCS may touch the level of around Rs.3400-3500 in 2023.
TCS Share Price Target 2024
Based on the above discussion and analysis, the share price of TCS is likely to touch the level of around Rs.3600-3750 in 2024
TCS Share Price Target 2025
Based on the above discussion and analysis, the share price of TCS is likely to remain in the range of Rs.3800-4000 in 2025.
TCS Share Price Target 2026
Based on the above discussion and analysis, the share price of TCS may touch the level of around Rs.4200-4400 in 2026.
TCS Share Price Target 2027
Based on the above discussion and analysis, the share price of TCS is likely to touch the level of around Rs.4500-4800 in 2027.
TCS Share Price Target 2028
Based on the above discussion and analysis, the price of TCS is likely to remain in the range of Rs.5000-5200 in 2028
TCS Share Price Target 2029
Based on the above discussion and analysis, the price of TCS is likely to touch the level of around Rs.5300-5500 in 2029
TCS Share Price Target 2030
Based on the above discussion and analysis, the price of TCS is likely to remain in the range of Rs.5600-6000 in 2030
Disclaimer: Share Prices are subject to market fluctuations and are dependent on several factors. These predictions are based on the current market conditions and the future market expectations. Investors are advised to take into consideration all these factors before making any investment in Capital Market. This article should not be treated as Investment advisory and is for general guidance purpose only. We keep revising our share price targets based on the latest information available with us. Please keep visiting our website regularly to keep yourself updated. MoneyInsight does not offer investment advice and does not encourage any action based on its content.
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