As of 2024, TCS Net Worth is estimated to be $146 billion. TATA Consultancy Services (TCS) is undoubtedly one of the largest IT companies in the world founded in India. TCS is a multinational information technology (IT) company founded by the TATA sons in 1968.
It is headquartered in Mumbai, Maharashtra and has its largest office in Chennai, Tamil Nadu, India. TCS has a global presence and operates in a total of 149 locations across 49 different countries. Also check Facebook Net Worth, Apple Net Worth, Amazon Net Worth.
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In recent years, TCS has seen a sharp rise in the market. TCS became the second Indian company to cross $100 billion market capitalization after Reliance Industries. However, as far as IT companies are concerned, TCS remains the first Indian IT company to cross $100 billion market capitalization. TATA Sons is the founder of TCS and as of 2017, they owned 72.05% of TCS shares.
Recently, because of the Covid-19 pandemic, all TCS employees were allowed to work from home. The company was completely closed due to the pandemic, but the idea of working from home suited everyone. Now, everything seems to be on track and the company is running like it was in its early days. Must check Google Net Worth.
TCS Net Asset Value
TCS is a multinational company with huge market capitalization, net worth and total assets. It has a net worth of $146 billion, which is huge and it also makes the company one of the largest companies in the world. TCS’s total assets are $19 billion and its total market capitalization is $146 billion. TCS is looking better than ever and they are producing some very outstanding work. They will grow even more, as the IT sector is still growing.
| Name | Tata Consultancy Services |
| Net worth in 2024 | 146 billion USD |
| Net worth in Indian Rupees | 13.80 trillion VND |
| Net income: | US$5 billion (₹38,449 crore) |
| Revenue | 2.6 trillion USD(26 billion USD) (₹195,772 crore) |
| total assets | 19 billion USD(₹89,139 crore) |
| Total equity | USD 12 billion (₹89,139 crore) |
| Founder: | Faquir Chand Kohli, JRD Tata, Son of Tata |
| CEO | Rajesh Gopinathan (February 21, 2017–Present) |
| Establish: | April 1, 1968 |
| Number of employees | 606,331 (June 2022) |
| TCS Subsidiaries: | TCS China AND TRDDC |
TCS net worth
TCS Organizational Structure
TCS also has a number of other groups and functions that support the business groups, such as corporate affairs, marketing, legal and finance. These groups report directly to the CEO and the Executive Team.
| Position | Name |
|---|---|
| Chief Executive Officer (CEO) | Rajesh Gopinathan |
| Chief Operating Officer (COO) | N. Ganapathy Subramaniam |
| Chief Financial Officer (CFO) | Samir Seksaria |
| EVP and Head of Global Human Resources | Milind Lakkad |
| Business Team Leader, BFSI Americas | Susheel Vasudevan |
| Business Team Leader, BFSI UK, Europe & Australia | Shankar NS |
| Business Team Leader, Communications, Media and Information Services | Akhilesh Tiwari |
| Business Unit Leader, Life Sciences, Healthcare, Energy, Resources and Utilities | Debashi Ghosh |
| Sales Team Leader, Production | Anupam Singhal |
| Sales Team Leader, Retail, CPG, Travel, Transportation and Hospitality | Krishnan Ramanujam |
| Business Team Leader, Technology, Software and Services | V Rajanna |
TCS also has a number of other corporate functions and support groups, including:
- Business strategy and transformation
- Marketing and Corporate Communications
- Corporate sustainability
- Corporate legal
- Business Finance
- Enterprise IT
- Global human resources
- Global talent management
- Global Learning and Development
- Global sales and marketing
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TCS also has a number of regional and country directors responsible for the company’s operations in their regions and countries.
Start
Whenever we hear anything related to TATA, we know that the problem is huge. Same as in this case. TATA Consultancy Services (TCS) is an IT company founded by TATA sons limited in 1968. At that time, India was growing at a very high rate and companies like TCS and others has helped this country. TCS used to provide punched card services to sister company TISCO (now TATA Steel).
The value and worth of TCS began to grow exponentially. In 1975, they provided an electronic trading and custody system to a Swiss company called SIS. There are many other electronic systems developed by TCS for different purposes.
TCS is also collaborating with a Swiss company called TKS Technosoft. Although it was later acquired by TCS. In 1993, TCS partnered with another Canadian company, Integrity Software Corp, which was also acquired by TCS.
This is how TCS originated and spread throughout the world. They created many amazing software and electronic systems and made a huge impact.
| Point | Information |
| Company name | Tata Consultancy Services Pvt. Ltd. |
| Founder’s name | Faquir Chand Kohli, JRD Tata, Tata Sons |
| Holding company | son of tata |
| Founding | April 1, 1968 |
| Headquarters | Mumbai, Maharashtra |
| Revenue | 1.95 trillion INR |
| CEO | Rajesh Gopinathan (February 21, 2017 – Present) |
| Registered address | 9th Floor, Nirmal Nariman Point Building, Mumbai, MH 400021, India |
| Company status | Positive |
| Website | www.tcs.com |
Evolution
The company’s development started from its founding. That’s the best part about TCS. The company was introduced in 1968 and since its inception, the company has started doing some good work not only in India but also around the world. A few years after its founding, the company began operating in various countries and also began producing software and electronic systems.
In 2004, the company finally became a publicly listed company. The company became the first Indian IT company to enter the bioinformatics market.
TCS made history in 2011 when it surpassed RIL to become India’s largest company and also achieved the highest market capitalization. In 2017, TCS China was awarded by the Chinese government. TCS surpassed Accenture to become the world’s most valuable IT company by the end of 2020. TATA Consulting Services has over 380,000 offices in around 46 countries. TCS also has a total of 58 subsidiaries.
Awards and achievements
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For a big company like TCS, awards and achievements are not very important, but for records, TCS has a very long list of awards and honors. It has won a total of 6 Asia Pacific Stevie Awards for its excellent performance, agility, friendly environment and many more. It has also won The Know List Award for outstanding achievements in the field of IT.
TCS Net Worth
Conclusion
TCS is a multinational company and we cannot say much about it. TCS is the largest IT company in the world and has been around for a long time. Since its inception in 1968, the company has been doing amazing things. They have developed many outstanding electronic systems and software which have helped their business and work a lot. The company has served the entire country and many other countries have also done well. Having more than 380,000 offices worldwide is a record in itself. There are many employees serving the company and the company also gives them the respect and status they deserve.
frequently asked Questions
What is Coca Cola’s net worth?
Coca Cola’s total net worth is approximately $257 billion.
When was Coca Cola founded?
Coca Cola was founded in 1892, Atlanta, Georgia, USA
Who were the founders of Coca Cola?
The name of the founder of Coca Cola is Asa Griggs Candler.
What is Coca Cola’s annual income?
Coca Cola’s revenue for the twelve months ended June 30, 2023 was $44.140 billion
What is Coca Cola’s PE ratio?
Coca Cola’s PE ratio as of 01/09/2023 is 22.81.
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Category: Net Worth