Tcs Minor Project
Tcs Minor Project
Tata Consultancy Services limited was founded in 1968 by a division of Tata sons
limited. Tata consultancy services limited (TCS) is the famous Indian information
technology (IT) services, consulting and business solutions company head
quartered in Mumbai. TCS operates in 46 countries throughout the world. TCS is
the largest Indian company by market capital and is the biggest India- based IT
services company. TCS is now placed among the “big 4” most valuable IT services
brands worldwide . In 2013, TCS is ranked 40th overall in the forbes world’s most
innovative companies ranking, making it both the highest- ranked IT services
company and the top Indian company. TCS work on the ideology that effective
change management is…a practice where art science and craft meet.
TCS has more than 142 branches across the globe and is a subsidiary of textiles
and manufacturing conglomerate Tata Group. It began as the “ Tata computer
centre “ , for the company Tata group whose main business was to provide
computer services to other group companies. F C Kohli was the first general
manager. J.R.D.Tata was the first chairman , followed by Pankaj Roy. One of TCS
first assignments was to provide punched card services to a sister concern. Tata
steel (then TISCO). It later bagged the countries first software project, the inter
branch reconciliation system (IBRS) for the central bank of India . It also provided
burean service to unit trust of India, thus becoming one of the first companies to
offer BPO services.
In the early 1970s Tata consultancy services began exporting its services the
company pioneered the global delivery model for IT services with its first offshore
client in 1974 . TCS’s first international order came from borroughs, one of the
first business computer manufactures . TCS was assigned to write code for the
boroughs machines for several US –based clients . this experience also helped TCS
bag its on site projects- the institutional group and information company (IGIC) , a
data centre for 10 banks, which catered to two millions customers in the US ,
assigned TCS the task of maintaining and upgrading its computer systems . In
1981 , TCS set up India’s first software research and development and design
centre (TRDDC) in Pune .
The first client-dedicated off shore development centre was set up for Compaq
(then Tandem) in 1985. In 1979, TCS delivered an electroinic depository and
trading system called SECOM for SIS sega intersettle, Switzerland. It was by far
the most complex project undertaken by an Indian IT company. TCS followed this
up with system X for the Canadian depository system and also automated the
Johannesburg stock (JSE) . TCS associated with a swiss partner, TKS Teknosoft,
which is later acquired . in the early 1990s , the Indian IT outsoursing industry
grew tremendously due to the Y2K bugand the launch of a unified europian
currency, euro. TCS pioneered the factory model for Y2K conversion process and
enabled 3rd –party developers and clients to make use of it.
The examination of vision, mission, and values of the company would enable us to
understand how the company sees itself and whether it genuinely lives up to what
these statements say. These also help us to see what the steps are taken by the
company to achieve its goals. Over the next three to seven years, Tata Consulting
Services (TCS) plans to expand its addressable market and generate a revenue of
about $1 billion in various new technology
The study of SWOT and PESTEL helped us to understand the key factors
that influence the credit worthiness of the organization both internally and
externally. Many of these aspects included beneficial reasons for the organization,
including qualified consultants and a range of resources and multinational
partnerships, as well as several negative factors like legal conflicts. Furthermore,
these things formed the fundamental problems for the business that may have dire
implications for the successful results of the firm, like increasing consumer
frustration in the event of threats of strike.
The investment firm Exfinitive Consulting Company released the following report,
as you asked, to outline the positive and negative outcome of Tata Consultancy
Services Ltd. as a company and its investment prospects. This guide aims to
provide you with all the knowledge you deserve before you decide whether1 to
invest in Tata Consultancy Services Ltd.
Our analysis was provided from a range of sources including the company's
website and financial statements and analyses which have a sectoral analytical
viewpoint. Such studies not only help us analyze whether and how the company
sees itself but also allow us to watch key industry patterns to see how TCS is
performing in comparison to other airline companies.
Our research team presented all of the information in the analysis, followed
by a summary of each segment, for every subject addressed by the review, to
decide how the information found affects the organization and has affected it. Our
review provides the necessary details to guide our advice for investment decisions.
The report contains details from many aspects of the company, including
who the client is, how it impacts the structure of the company and areas which
include the company's financial results and marketing strategies. Nonetheless, our
analysis will not offer TCS as a long-standing firm, as the article contains
information only for today's investment decision. A quick overview of TCS as an
organization as well as key facts for your investment decision is given below.
Objectives:
Over the next three to seven years, Tata Consulting Services (TCS) plans to
expand its addressable market and generate a revenue of about $1 billion in various
new technology segments. TCS claims that these segments would focus on the
emerging areas of technology including cybersecurity, internet of things (IoT), IoT
analytics and cloud software and networks (Pramanik & Majumdar, 2017). TCS is
looking for acquisition and scouting tools that can further stimulate the
development of intellectual property and extend the scope of the sector. Ganapathy
Subramaniam of TCS' COO stated that TCS would not hesitate to propose an
investment if it had the right context (The Economic Times, 2019c).
While it is certainly not a new idea to deliver great job and customer service,
TCS has always been aware of innovative ways to be a genuinely customer-center.
A strategy that cannot be overemphasized is the idea of being customer-centered
and they aim to further take this strategy forward in their future operations. It can
be easy to take consumers for granted for a fast-growing global company like TCS.
To achieve their goals TCS has decided to follow Customer-focused procurement.
The consumer cantered recruitment role also starts with a customer orientated
business model being implemented by a company by specifically identifying what
it means to them. In this manner, consumer-oriented organizations often can match
their entire value chain with customer priorities. Customer-focused procurement
also involves the analysis of the efficiency of vendors as per customer
requirements, maintaining an efficient and customer-service-orientated
procurement process and motivating employees to take the right decisions. In
contrast to existing systems, modern recruitment approaches will also guarantee
that critical criteria are tracked in real-time and that obsolete controls are removed
and will help the company in achieving its objectives (Tata Consultancy Services
Ltd., 2017g).
Importance:
TCS is one of the largest IT services companies globally, with a significant market
presence and a diverse portfolio of services. As a leader in the IT industry, TCS
sets standards for innovation, quality, and customer satisfaction, influencing the
strategies and practices of competitors and peers alike.
2. Economic Contribution
In today's digital age, TCS plays a crucial role in helping organizations worldwide
adapt to rapid technological advancements and embrace digital transformation.
Through its expertise in areas such as cloud computing, artificial intelligence, data
analytics, and IoT, TCS empowers businesses to innovate, improve efficiency, and
stay competitive in a digital-first world.
As part of the Tata Group conglomerate, TCS upholds the values and ethos of the
Tata brand, including integrity, excellence, and social responsibility. TCS's success
contributes to the overall strength and reputation of the Tata Group, reinforcing its
position as one of India's most respected and admired business conglomerates.
So ,the importance of Tata Consultancy Services (TCS) extends beyond its role as
a leading IT services provider. It is a catalyst for digital transformation, an engine
of economic growth, an advocate for innovation, and a responsible corporate
citizen. TCS's impact resonates globally, shaping the future of the IT industry and
contributing to societal progress.
Scope:
1. IT Services:
2. Consulting Services:
TCS offers strategic consulting services to help clients address business challenges,
seize opportunities, and achieve their goals. Its consulting services cover areas
such as:
• Digital Strategy: TCS helps clients define and implement digital strategies to
leverage emerging technologies, enhance agility, and create new revenue streams.
3. Business Solutions:
TCS delivers industry-specific business solutions that address the unique needs and
challenges of clients across sectors such as:
• Banking and Financial Services: TCS offers solutions for banking, capital markets,
insurance, and wealth management, enabling clients to enhance customer
engagement, improve operational efficiency, and manage risk effectively.
• Healthcare: TCS provides healthcare solutions for providers, payers, and life
sciences organizations, helping them improve patient care, optimize clinical
operations, and drive innovation in healthcare delivery.
• Retail: TCS offers retail solutions for omni channel retailing, merchandising,
supply chain management, and customer analytics, enabling retailers to deliver
personalized shopping experiences and drive business growth.
4. Global Operations:
TCS operates a global delivery model with a presence in over 46 countries and
delivery centers located across six continents. Its global operations enable TCS to
serve clients worldwide, deliver services efficiently, and leverage a diverse talent
pool to meet client needs.
• Project Planning: TCS begins by defining project objectives, scope, timelines, and
resource requirements in collaboration with the client. A detailed project plan is
developed, outlining tasks, milestones, dependencies, and deliverables.
• Risk Management: TCS identifies potential risks and develops mitigation strategies
to address them proactively. Risk assessment, monitoring, and mitigation activities
are integrated into the project plan to minimize disruptions and ensure project
success.
• Resource Allocation: TCS assigns resources with the required skills and expertise
to each project based on client requirements and project specifications. Resource
allocation is optimized to maximize efficiency and productivity throughout the
project lifecycle.
• Communication and Collaboration: TCS emphasizes open communication and
collaboration with clients, stakeholders, and project teams. Regular status updates,
progress reports, and stakeholder meetings facilitate transparency, alignment, and
timely decision-making.
• Quality Assurance: TCS integrates quality assurance (QA) processes and practices
throughout the software development lifecycle to ensure the reliability,
performance, and security of software solutions. Automated testing, code reviews,
and rigorous QA checkpoints help identify and address defects early in the
development process.
3. Client Engagement Framework:
2. Market Position: TCS is one of the largest IT services firms globally and holds a
significant market share in various segments, including IT consulting, outsourcing,
and software services. Its market position is often evaluated in terms of revenue
ranking among global IT services providers and its presence in key geographic
markets.
4. Client Base and Relationships: TCS's client base spans across diverse industries,
including banking, financial services, retail, healthcare, and manufacturing.
Analysts assess the strength of its client relationships, customer satisfaction levels,
and the diversity of its revenue streams.
7. Global Presence and Expansion Strategy: TCS operates in numerous countries and
has a significant offshore delivery presence. Analysts monitor its expansion
strategy, including investments in new markets, acquisitions, and partnerships, to
evaluate its growth prospects.
Current Ratio:
Current Ratio suggests the financial capability of an enterprise to set off the
current obligations by utilizing its current assets.
Formula:
Current Ratio= Current Assets/Current Liabilities
YEAR TCS
2016 3.3
2017 4.2
2018 4.8
2019 6.4
2020 4.7
Mean 4.68
Standard 1.130040
Deviation
Coefficient 0.241
Varience
Growth 0.42
7
4 TCS
0
2016 2017 2018 2019
Current Ratio:
45000
40000
35000
30000
Current ratio
25000
Current liabilities
20000 Current asset
15000
10000
5000
0
2009-10 2010-11 2011-12 2012-13
INTERPRETATIONS:
The current ratio in 2010 was not good in position it shows below the standard
ratio (i.e. 1.87 times) but at present after 9 year in 2019 it is above the standard
ratio i.e.4.17 times. At present company is in good position it can manage all
liabilities.
Quick ratio
The quick ratio is an indicator of the company’s short term liquidity position and
measures a company ability to meet its short term obligations with liquid asset.
Quick asset
2009-10
2010-11
2011-12
2012-13
INTERPRETATIONS :
The above graph shows the company’s Quick or Liquid Ratio. According to the
above data company is not capable to pay its debts through liquid assets. Quick
ratios of all the years (2014 to 2015) showing below the standard . From 2015-
2016 company’s Quick Ratio was in above standard . But in 2016 and 2017 it is
6.14 Quick Ratio got some improvement.
2009-10
2010-11
2011-12
2012-13
Interpretation:
The above graph shows the company’s inventory turn over ratio. According to the
above data company from 2009-2011 it is constant .inventory turn over ratios in
the years (2014 to 2016)it is showing upward standard and in the last 2 years it is
slowing down inventory turn over Ratio can ensure that things are going well with
business.
DEBTORS TURNOVER RATIO:
2009-10
2010-11
2011-12
2012-13
The debtors’ turnover ratio revels that in the year 2009 it is 5.1 and in the( 2010-
11)has been decreased to 4.6 to 4.2 and in the year 2013-17 it has increased 4.5 to
5.8 and it in the year 17- 18 Slow down to 1.3
Balance sheet:
Assets March
2022
Fixed assets 20716
The success of this project depends largely on the encouragement and guidelines of
our professors and the teamwork of all the members. We take this opportunity to
express our gratitude to the people who have been instrumental in the successful
completion of this project .
The supportive behavior exhibited by all the team members is worth mentioning.
FINDINGS:
1. Current ratio The current ratio in 2010 was not good in this position it shows
below the standard ratio 1.87 times but at present after 9 year in 2019 it is above
the standard ratio i.e.4.17 times. At present company is in good position it can
manage all liabilities.
2. Quick ratio The above graph shows the company’s Quick or Liquid Ratio.
According to the above data company is not capable to pay its debts through liquid
assets. Quick ratios of all the years(2014 to 2015) showing below the standard .
From 2015-2016 company’s Quick Ratio was in above standard . But in 2016 and
2017 it is 6.14 Quick Ratio got some improvement
3. Inventory turnover ratio The above graph shows the company’s inventory turn
over ratio. According to the above data company from 2009-2011 it is constant
.inventory turnover ratios in the years(2014 to 2016)it is showing upward standard
and in the last 2 years it is slowing down inventory turnover Ratio can ensure that
things are going well with business.
4. The debtors’ turnover ratio revels that in the year 2009 it is 5.1 and in the(
2010-11)has been decreased to 4.6 to 4.2 and in the year 2013-17 it has increased
4.5 to 5.8 and it in the year 1.7 Slow down to 1.3
5. The ratio indicates the average number of days for which a firm has to wait
before its receivables is converted in to cash. The DCP having average collection
period in the year 2014-15 and 2015 ,is 79days the days of collection performance
which in adversely affect little bit to the liquidity of the firm again It has been
increased in the year 17-18 that is 280 days
Conclusion:
The conclusion for TCS, or Tata Consultancy Services, would typically depend on
the context of what you're discussing about TCS. However, here's a general
conclusion that could apply to various discussions about TCS:
It is concluded that financial ratios are the basic and most important part of any
business .it describes the firms financial position .as the data indicates that the TCS
is a international services and has expanded its service on the offers the large rage
of product but on the other side TCS gains the customer trust and also offers the
large range of product but also orders side the customer trust the wide range of
services in the software the reasonable price and more customers relation and
friendly.
The financial statement it is clear that the financial position of TCS It is more
preferred by the customers and also internationally distributed it also has helps less
rick but some time failed to maintain the some position in the other hand company
give high rate of returns because it gain high profit all the company have the swot
analysis .
The financial performance of a company could be assessed by examining its
liquidity profitability and growth Liquidity is the ability of the firm to meet its
liabilities. It helps the creditors, banks and other financial institutions to make
decisions on lending to the concerned firm Profitability .
The ability of the firm in earning profits and its efficiency to utilize the assets
towards maximizing the profits. The study concludes that “TATA
CONSULTANCY SERVICES” liquidity and solvency position are considered
satisfactory.
Reference:
3.A comparative study between TCS & Infosys, Indian Journal of Applied
Research, Volume :3/Issue:11/Nov2013/ISSN -2249 – 555X’ Research
metholodgy”
4.http://www.tcs.com/investors/Documents/Financial%20Statements/TCS_IFRS_
Q4_13_USD PDF|http://www.tata.in/company/profile/Tata-Consultancy-Services
http://www.moneycontrol.com/financials/tataconsultancyservices/balance-
sheet/TCS#TCS http://www.
moneycontrol.com/stocks/company_info/print_main.php ‘’Current ratio”
5.http;//Wikipedia.org/wiki/cashflow statement|
6.http;//www,investopedia.com/articles