Stock Report

TCS - Q4FY22 and FY 2021-22 highlights

Posted On : 2022-04-11 18:22:58( TIMEZONE : IST )

FY 2021-22: Other Annual Highlights

- Client metrics: Added 10 clients in the $100 Mn+ bucket, 19 in the $50 Mn+ bucket, 40 in the $20 Mn+ bucket and 52 in the $10Mn+ bucket

- Employee Metrics:

Net Addition: 103,546 employees
Employee Headcount: 592,195
Diversity: 153 nationalities; 35.6% women
IT Services Attrition (LTM): 17.4%

- Talent Development:

3.5 million digital competencies acquired
Number of Contextual Masters crosses 50,000 mark

- Free Cash Flow: Rs. 39,181 Cr
- Rs. 31,424 Cr of cash returned to shareholders through buybacks and dividends

Q4 FY 2022: Other Highlights

Operating Margin: 25%; Net Margin: 19.6%
Net Income: Rs. 9,926 Cr, +7.4% YoY
Strong Cash conversion: Operating Cash Flow 111.3% of Net Income
Net Addition: 35,209 employees, highest ever in a quarter
Final Dividend per share (proposed): Rs. 22
Top Employer Brand

Recognized as 2022 Global Top Employer for the seventh year in a row by the Top Employers Institute
Ranked #1 in India Top Company by LinkedIn, #11 in Australia and #19 in Netherlands, among the best workplaces for career growth
Ranked #3 in the BT-Taggd survey of the Best Companies to Work For in India

Rajesh Gopinathan, Chief Executive Officer and Managing Director, said: "We are closing FY 22 on a strong note, with mid-teen growth and adding the maximum incremental revenue ever. Increasing participation in our customers' growth and transformation journeys, and an all-time high order book provide a strong and sustainable foundation for continued growth ahead."

N Ganapathy Subramaniam, Chief Operating Officer and Executive Director, said: "It is immensely satisfying to close the year with robust, broad-based growth, industry-leading margins and the highest ever order book. During the year, we took on technologically challenging, industry-first transformational programs and brought to bear the full power of TCS' capabilities and that of our partner ecosystem, to successfully deliver market-changing outcomes. Our continued investments in building newer capabilities, our passion for innovation, our contextual knowledge and most importantly, our self-belief have been key to this, and these position us very well for continued success ahead."

Samir Seksaria, Chief Financial Officer, said: "While continuing to make all the investments needed to support our growth aspirations, we managed the headwinds this year to deliver an industry-leading operating margin yet again. The successful completion of our fourth buyback in five years is another milestone in our shareholder-friendly approach to capital allocation."

Milind Lakkad, Chief HR Officer, said: "With the highest ever net addition this year, consistently highest talent retention, benchmark talent development metrics, continued focus on health and wellbeing and numerous industry awards, we have reaffirmed TCS' position as the #1 employer of choice."

Shares of Tata Consultancy Services Limited was last trading in BSE at Rs. 3696.40 as compared to the previous close of Rs. 3686.85. The total number of shares traded during the day was 168596 in over 20551 trades.

The stock hit an intraday high of Rs. 3711.25 and intraday low of 3656.85. The net turnover during the day was Rs. 622354951.00.