Past: A wealth creator from the IT Consulting segment. Only company after Reliance to cross Landmark Profit 30000 Cr. Today TCS stays as India’s No#2 next in the terms of a market cap to reach 10 Lakh Cr. Should be 1st or 2nd Indian Company to reach Landmark 50,000 Cr Profits. Many people in this group have held TCS Since a long time. TCS was having very High growth with good R-O-E and Debt-free status. They were making a Profit of 1800 Cr during 2005 and this year they were with profits of 33000 Cr. Their reserve was around 3000 Cr during 2005 while Now it is around 1 Lakh Cr despite several bonuses, dividends & Buy-backs. Offering a 30% profit in dividends consistently every year initially while today distributing 80%, hence the whole investment has returned in dividends if Invested 1 lakh just 15 years back its valuation should be 25X. As too many people already accumulated again or did SIP in TCS near 1050 since even 2 years back as well as last year accumulated near 1500. Was in the downturn due to the Corona effect, still no need to worry.
9M: The current 9M results were as expected. Have distributed around 80% dividends past year, so yes can expect a Rs 70 dividend this year and with buybacks announcement of 16000 Cr this year with 5-6 Cr shares which is 1.42% stake at 3000 price.
9M: The start of the first phase of a multi-year technology transformation cycle. In the current phase, enterprises are building a cloud-based foundation that will serve as a resilient, secure and scalable digital core. In subsequent phases, we will see the native capabilities of these platforms being utilized to create innovative new business models and differentiated customer experiences. The strong workforce of around 4.5 lakh is India’s highest private company workforce. Many of you have done sips since long, so now it's time to reap the fruits. All those bought and are holding since long no need to sell this wealth creator, our near term target should be 4800 in the next 2 years & can add again during any fall near 2300 (upgraded from 1850 last quarter) and should be in the TOP Priorities for wealth with around 5-7% weightage.
Long term a wealth creator and expect 8500 prices till 2030. We may see TCS reach 1 lakh Cr profits till 2030. TataSons are with 72% strong Promoter Holding & their 70% incomes comes from TCS alone, 7% with MF & Insurance Companies while 16% with FPI. Just 3% of the Indian retail Investor holds such a wealth creator company.