Download Report

Q4FY15 Result Update
TCS Ltd.
Stock Data
Industry
Market Cap
(Rs.Mn)
CMP
1-Year Stock
Return*
1-Year BSESensex*
EPS FY15
P/E FY15
Information
Technology
50,59,003
Rs.2583
21.27%
30.66%
100.31
25.74
* (16/April/2014-16/April/2015)
Shareholding Pattern
Promoter Shareholding
Public Shareholding
73.90%
26.10%
FII
16.84%
DII
4.80%
Others
4.47%
Ketan Chaphalkar
Research Analyst
[email protected]
+91-9850821180
TCS reported a 13.5% increase in the consolidated net profit to Rs.2,16,961
million from Rs.1,91,168 million on financial year on year basis. The sales
increased by 15.7% to Rs.9,46,484 million from Rs.8,18,094 million on a year
on year basis.
TCS reported a 12.9% increase in the dollar denominated consolidated net
profit to USD 3542 million from USD 3139 million on financial year on year
basis. The dollar denominated sales increased by 16% to USD 15,454 million
from Rs.13,442 million on a year on year basis.
TCS reported a 11.5% increase in the consolidated net profit to Rs.59,059
million from Rs.52,967 million on a year on year basis and an increase of
8.48% from Rs.54,441 million on a sequential quarter on quarter basis. The
sales increased by 12.38% to Rs.2,42,198 million from Rs.2,15,511 million on a
year on year basis and a decline of 1.15% from Rs.2,45,011 million on a
sequential quarter on quarter basis. The company added 46 clients and 14,395
employees (gross) during Q4FY15.
The dollar denominated consolidated net profit has shown an increase of
10.5% to USD 951 million from USD 861 million on a year on year basis and an
increase of 8.9% from USD 873 million on a sequential quarter on quarter
basis. The dollar denominated sales increased by 11.4% to USD 3.9 billion
from USD 3.503 billion on a year on year basis and a decline of 0.8% from USD
3.931 billion on a sequential quarter on quarter basis.
During the Financial Year 2014-15 the company has seen revenue contribution
from the North American region at 51.9% compared to 53% in the year 201314. The other highlight includes increase in the contribution in revenues from
the Asia Pacific region to 9.3% in FY 2014-15 from 7.2% in FY 2013-14.
BFSI, Retail, Manufacturing and Healthcare segments have shown growth on a
year on year basis. BFSI contributed 40.7% of the revenues followed by Retail
at 13.8% in FY 2014-15.
The Company will pay employees a special reward or one-time bonus to mark
the 10th anniversary of the company's initial public offering in 2004. For the
company, the total consideration for this special reward to employees will be
Rs.26.28 billion.
TCS stock has declined 4% after announcement of Q4FY15 results. According
to the CEO Mr. Chandrashekaran the company’s execution has been solid and
the dismal Q4FY15 earnings come on back of poor macroeconomic and
demand conditions. The beginning of the Q4FY15 earnings season suggests
tepid growth for the IT industry with the largest player reporting not so
encouraging results.
Page | 1
Q4FY15 Result Update
TCS Ltd.
Table 1. TCS Ltd. Results Update
INR Millions
Q4FY15
Q4FY14
Q3FY15
Y-o-Y Growth
Q-o-Q Growth
Sales
2,42,198
2,15,511
2,45,011
12.38%
-1.15%
EBITDA
70,653
66,534
70,632
6.19%
0.03%
Net Profit
59,059
52,967
54,441
11.50%
8.48%
EPS
30.14
27.04
27.79
11.46%
8.46%
P/E
25.74
20
25.74
EBITDA Margin
29.17%
30.87%
28.83%
-170
34
Net Profit Margin
24.38%
24.58%
22.22%
-20
216
DISCLAIMER:
Information herein is believed to be reliable but Arjun Parthasarathy Editor: Investors are Idiots.com and the Publisher
Zephyr Financial Publishers Private Limited do not warrant its completeness or accuracy. Opinions and estimates are subject
to change without notice. This information is not intended as an offer or solicitation for the purchase or sale of any financial
instrument. The financial markets are inherently risky and it is assumed that those who trade these markets are fully aware
of the risk of real loss involved. Unauthorized copying, distribution or sale of this publication is strictly prohibited. The
author(s) of the content published in the site www.investorsareidiots.com may or may not have investments in the assets
discussed
in
the
pages/posts.
Page | 2