TCS share price today

Tata Consultancy Services Ltd's share price was ₹2,436.00 at the close on 4 November 2026. It has been falling for 88 weeks. That is 1.2% below its average price over the last 200 trading days. In the last 52 weeks it traded between ₹1,983 and ₹3,282, and at that close it sat 35% of the way up from that low.

A share price tends to move through four phases: moving sideways (stage 1), rising (stage 2), stalling near a high (stage 3) and falling (stage 4). Today Tata Consultancy Services Ltd is in stage 4. The phase helps read everything below.

Over the past 13 weeks it has done better than the NIFTY 500, and it has stayed ahead for 15 weeks in a row.

Over the last 11 years the share price moved +106% while the NIFTY 500 moved +251%, so it is behind the index over that whole period. The chart above shows the 13-week comparison for every week.

This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row.

Three changes stood out: revenue up on a year earlier for 12 quarters in a row (every quarter we can compare), indian funds and insurers (DIIs) raised their stake for 7 quarters in a row and highest quarterly profit in 16 quarters.

1. Revenue up on a year earlier for 12 quarters in a row (every quarter we can compare)

   In the September 2026 quarter revenue was ₹73,188 crore, +11.2% on a year earlier.

   Why: Revenue rose because overseas business and main industries did better, while some Indian projects were put off and consumer spending was weaker.

   From the earnings call on 8 Oct 2026.

2. Indian funds and insurers (DIIs) raised their stake for 7 quarters in a row

   From 10.9% to 13.6% of the company by the September 2026 quarter.

3. Highest quarterly profit in 16 quarters

   Profit of ₹13,934 crore in the September 2026 quarter is the highest of the last 16 quarters.

   Why: Profit hit a record because AI work earned a much higher margin than the rest of the business.

   From the earnings call on 8 Oct 2026.

For July to September 2026 (the quarter ended 30 September 2026), TCS reported revenue of ₹73,188 crore, up 11.2% from ₹65,799 crore a year earlier, and a profit of ₹13,934 crore, up 14.9% from ₹12,131 crore.

TCS results: July to September 2026 against a year earlier

The next results, for October to December 2026, are due by 14 February 2027: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter).

TCS' management discussed these results on a call held on 8 October 2026; what it said is further down this page.

From the company's reported quarterly results (quarter ended 30 September 2026). Revenue and profit in ₹ crore.

TCS closed at ₹2,436.00 on 4 November 2026, down 18.6% from ₹2,991.80 a year earlier (7 November 2025) and down 30.6% over five years. Its highest weekly close since March 2016 was ₹4,553.75 on 30 August 2024.

TCS share price: then and now

Weekly closing prices, adjusted for splits and bonuses so every price is on today’s share count. Each change is the move from that price to the 4 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes.

562 weekly closes from 11 March 2016 to 4 November 2026.

4 Nov 2026: TCS closed at ₹2,436.00, down 2.7% on the week and up 17.4% on the month. 14 Oct 2026: ex-date for an interim dividend of ₹12 a share.

Earlier

• 8 Oct 2026: TCS held its results call for July to September 2026. Management guided: Long-term operating-margin aspiration remains 26-28%; near-term aim is to inch up while prioritizing growth spending.
• Results for July to September 2026: Revenue up 11.2% and profit up 14.9% on a year earlier.
• 15 Jul 2026: ex-date for an interim dividend of ₹12 a share.
• 25 May 2026: ex-date for a dividend of ₹31 a share.
• 16 Jan 2026: ex-date for an interim + special dividend of ₹57 a share, record date 17 Jan 2026.

TCS paid ₹66 a share in regular dividends in the 12 months to 5 November 2026 (4 payments), a yield of 2.71% at the ₹2,436.00 close on 4 November 2026. The last was an interim dividend of ₹12 a share, ex-date 14 October 2026.

TCS dividends since 1 April 2021

Amounts as the company declared them on the NSE. A dividend goes to whoever owns the shares before the ex-date.

Yes. Tata Consultancy Services Ltd paid out 81% of its profit as dividends in FY26, and it paid a dividend in each of its last 13 reported years.

From the NSE corporate-actions record, read 5 November 2026.

On the call for July to September 2026, held on 8 October 2026, TCS' management guided: Long-term operating-margin aspiration remains 26-28%; near-term aim is to inch up while prioritizing growth spending.

“We have always called twenty-six to twenty-eight as our north star, our guiding vision, and we would not want to shift away from that. That is what rallies us to go towards it and we want to keep it at twenty-six to twenty-eight. And that's the long-term aspiration we'll work towards.”Samir Seksaria, on the call for July to September 2026

What management guided

• MHP-related amortization could weigh about 50 basis points in H2, depending on closing and integration timing.
• Data-center revenue expected 18-24 months after a contract; plans and layouts are ready.
• AI programs goal 25-30% faster S/4HANA delivery and doubled HR efficiency, with self-service rising from less than 10% to 30%.
• Medium-term growth momentum expected to continue, based on TCV, pipeline and client conversations.

Management’s own plans and goals, from our notes of the call. A plan is not a result.

Source: the call transcript.

From the call for July to September 2026, 8 October 2026.

When TCS reports October to December 2026, these are the 3 checks that show whether the story is still on course. First: Check whether deferred India projects resume rather than remaining postponed.

TCS is on 4 of our India lists: Nifty 50 companies, Dividend stocks, AI & data centre stocks and IT stocks.

Tata Consultancy Services Ltd earned ₹13,934 Cr of net profit in the Sep 2026 quarter, +14.9% on the same quarter a year earlier. That is the 3rd quarter in a row of profit growth. Full-year FY26 profit was ₹49,454 Cr. Over 10 years profit has grown 7.3% a year on average. That is 19.0% of the quarter's revenue.

Net profit is what is left after every cost, interest and tax. Earnings per share, dividends and book value all grow from it.

The same quarter a year earlier earned ₹12,131 Cr.

For the full year, FY26 profit was ₹49,454 Cr (+1.3% on the year before).

Why profit moved: revenue changed +11.2% on a year earlier and the margin moved −1.0 percentage points. Sales did the work, and the margin was about flat.

On average over the last four quarters, profit changed +4.5% and revenue +9.9%. Profit is growing slower than sales: rising costs are taking part of the growth.

Tata Consultancy Services Ltd reported ₹73,188 Cr of revenue in the Sep 2026 quarter, +11.2% on the same quarter a year earlier. That is the 12th quarter in a row with growth on the year before. Over 10 years it has grown 9.4% a year on average. The last full year, FY26, came in at ₹2,67,021 Cr.

Revenue is everything the company billed its customers in the period.

The last four reported quarters add to ₹2,83,248 Cr.

FY26 revenue was ₹2,67,021 Cr, +4.6% on the year before.

Recent pace: the last four quarters grew +9.9% on average, against 9.4% a year over the longer run, so this year is growing at about the same pace as its own long-run rate.

Is growth speeding up? Revenue over the last 12 months grew +9.9%, against +6.7% a year over the last 8 quarters (accelerating); profit over the last 12 months grew +4.4%, against +4.3% a year (stabilising).

Tata Consultancy Services Ltd's operating margin was 26.0% in the Sep 2026 quarter, 1.0 percentage points lower than the same quarter a year ago. Across 13 years it has been between 26.0% and 31.0%. The latest quarter is within that range.

Operating margin is what is left from every ₹100 of sales after the costs of running the business, before interest and tax. It shows pricing power and cost control.

Why the margin moved: operating margin changed −1.6 percentage points on the year while gross margin changed +0.0 points. So the drop came mostly from costs below the gross margin, such as staff and overheads, measured against sales.

Over the last 3 years, 101% of Tata Consultancy Services Ltd's reported profit came in as cash from its operations, so the profit is backed by cash. In FY26 it brought in ₹52,094 Cr of operating cash against ₹49,454 Cr of profit. After ₹14,969 Cr of spending on assets, ₹37,125 Cr was left over as free cash.

The profit and loss account shows what was earned. The cash-flow statement shows the cash that actually came in. Comparing operating cash flow with profit is one of the best checks that a profit is real.

Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year.

Why 101% of profit came in as cash: the cash cycle got 26 days longer between FY21 and FY26, so more of each rupee of profit waits in the business before it arrives.

What to look at next: the bigger use of cash is spending on new assets, at 1.8× depreciation over three years. The next section checks what that spending is building.

Tata Consultancy Services Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was 93 days in FY26, up from 67 days in FY21. It spent ₹28,046 Cr on assets over the last 3 years.

Working capital is the cash tied up between paying suppliers and getting paid. Debtor days: how long customers take to pay. Inventory days: how long stock sits. The cash cycle: the whole loop, in days of sales.

At FY26 sales of ₹2,67,021 Cr, each day of that cycle ties up about ₹732 Cr, so roughly ₹68,035 Cr is tied up in the business at any time.

Spending on assets: ₹28,046 Cr over the last 3 years, against ₹15,787 Cr of depreciation (the yearly wear and tear on existing assets). So it is building well beyond replacing what wears out. Work still in progress is ₹2,665 Cr (FY26): assets paid for that are not earning yet.

In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns.

Tata Consultancy Services Ltd's P/E is 16.2×, near the low end of its own history: it has been lower only 5% of the time. Its usual P/E (the middle reading) is 25.8×, over 11 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth.

P/E is the share price divided by a year's profit per share: how many rupees the market pays for each rupee of yearly profit.

The P/E here, and its history, use a profit figure that can leave out one-off items, so it can differ from a P/E worked out on the quarterly results. Those results' earnings per share for the four quarters to Sep 2026 add up to ₹142.64.