TCS Q1 result: Net profit at Rs 9,008 crore, revenue jumps to Rs 45,411 crore
https://www.moneycontrol.com/news/business/earnings/tcs-q1-result-net-profit-at-rs-9008-crore-revenue-jumps-to-rs-45411-crore-7147131.htm
https://www.moneycontrol.com/news/business/earnings/tcs-q1-result-net-profit-at-rs-9008-crore-revenue-jumps-to-rs-45411-crore-7147131.htm
Moneycontrol
TCS Q1 Result: Net Profit At Rs 9,008 Crore, Revenue Jumps To Rs 45,411 Crore
Consolidated profit in March 2021 quarter was at Rs 9,246 crore and Rs 7,008 crore in June quarter last year.
Bulk Deal as on 08-07-21
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+ 1.25 Lk @ 90.04 Anirudh Mohta
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- 3.28 Lk @ 73.18 Vistra Itcl Ind Ltd
Akash Infra Project
+ 1 Lk @ 228.43 Nishant Pitti
Asian Granito
- 1.85 Lk @ 180.73 Shruti Lodha
Gee Ltd
+ 1.25 Lk @ 90.04 Anirudh Mohta
Kelton Tech
- 23.23 Lk @ 63.75 Ankit Kothari
Walchandnagar
- 3.28 Lk @ 73.18 Vistra Itcl Ind Ltd
*Tata Consultancy Services ltd.* | *CMP* Rs. 3257 | *M Cap* Rs. 1204797 Cr | *52 W H/L* 3400/2125
(Nirmal Bang Retail Research)
Order book ($ Bn ) came at $ 8.1 bn vs, QoQ $ 9.2 bn, YoY $ 6.9 bn
*Result is marginally below expectation*
CC Qoq came at 2.4% vs expectation of 3.7%, QoQ 4.2%
Lower growth is in account of impact of COVID in India. Core marke saw revenue growth of 5.2%
Dollar revenue came at $ 6154 Mn,(2.8% QoQ, 21.6% YoY) vs expectation of $ 6217.9 Mn, QoQ $ 5989 Mn, YoY $ 5059 Mn
Net sales came at Rs. 45411 Cr (3.9% QoQ, 18.5% YoY) vs expectation of Rs. 45699.8 Cr, QoQ Rs. 43705 Cr, YoY Rs. 38322 Cr
EBIT came at Rs. 11588 Cr (-1.2% QoQ, 28.1% YoY) vs expectation of Rs. 11751.6 Cr, QoQ Rs. 11734 Cr, YoY Rs. 9048 Cr
EBIT Margin came at 25.5% vs expectation of 25.7%, QoQ 26.8%, YoY 23.6%
Adj. PAT came at Rs. 9008 Cr vs expectation of Rs. 9338.6 Cr, QoQ Rs. 9246 Cr, YoY Rs. 7008 Cr
Quarter EPS is Rs. 24.4
Stock is trading at P/E of 30.5x EPS
(Nirmal Bang Retail Research)
Order book ($ Bn ) came at $ 8.1 bn vs, QoQ $ 9.2 bn, YoY $ 6.9 bn
*Result is marginally below expectation*
CC Qoq came at 2.4% vs expectation of 3.7%, QoQ 4.2%
Lower growth is in account of impact of COVID in India. Core marke saw revenue growth of 5.2%
Dollar revenue came at $ 6154 Mn,(2.8% QoQ, 21.6% YoY) vs expectation of $ 6217.9 Mn, QoQ $ 5989 Mn, YoY $ 5059 Mn
Net sales came at Rs. 45411 Cr (3.9% QoQ, 18.5% YoY) vs expectation of Rs. 45699.8 Cr, QoQ Rs. 43705 Cr, YoY Rs. 38322 Cr
EBIT came at Rs. 11588 Cr (-1.2% QoQ, 28.1% YoY) vs expectation of Rs. 11751.6 Cr, QoQ Rs. 11734 Cr, YoY Rs. 9048 Cr
EBIT Margin came at 25.5% vs expectation of 25.7%, QoQ 26.8%, YoY 23.6%
Adj. PAT came at Rs. 9008 Cr vs expectation of Rs. 9338.6 Cr, QoQ Rs. 9246 Cr, YoY Rs. 7008 Cr
Quarter EPS is Rs. 24.4
Stock is trading at P/E of 30.5x EPS
*Life Insurance Monthly Update for June 2021*
June 2021 APE - Total Pvt. Players increased by +18% YoY to Rs. 3818 Cr
> Outperformers: Bajaj +56%, ICICI +44%, Max +18%
> Underperformers: SBI +13%, HDFC +5%
YTD (Apr-June 2021) APE - Pvt. Players increased by +27% YoY at Rs. 7954 Cr
> Outperformers: Bajaj +53%, ICICI +48%, Max +36%
> Underperformers: HDFC +26%, SBI +26%
*Bajaj Allianz Life Insurance Co. Ltd. (Bajaj Finserv) June'21 performance*
• APE came at Rs. 262 Cr. vs YoY Rs. 168 Cr. (+56%) and MoM Rs. 137 Cr. (+91%)
• *June. Month* Market Share (pvt player APE) came at 6.9% vs YoY 5.2% and MoM 7.1%
• *YTD* Market Share (pvt player APE) came at 7.1% vs YoY 5.9%
*ICICI Prudential Life Insurance Company. Ltd. June'21 performance*
• APE came at Rs. 452 Cr. vs YoY Rs. 314 Cr. (+44%) and MoM Rs. 257 Cr. (+76%)
• *June. Month* Market Share (pvt player APE) came at 11.8% vs YoY 9.7% and MoM 13.4%
• *YTD* Market Share (pvt player APE) came at 12.3% vs YoY 10.6%
*Max Life Insurance Company. Ltd. June'21 performance*
• APE came at Rs. 420 Cr. vs YoY Rs. 356 Cr. (+18%) and MoM Rs. 184 Cr. (+129%)
• *June. Month* Market Share (pvt player APE) came at 11.0% vs YoY 11.0% and MoM 9.5%
• *YTD* Market Share (pvt player APE) came at 10.6% vs YoY 10.0%
*SBI Life Insurance Company. Ltd. June'21 performance*
• APE came at Rs. 799 Cr. vs YoY Rs. 704 Cr. (+13%) and MoM Rs. 311 Cr. (+157%)
• *June. Month* Market Share (pvt player APE) came at 20.9% vs YoY 21.8% and MoM 16.1%
• *YTD* Market Share (pvt player APE) came at 19.4% vs YoY 19.5%
*HDFC Life Insurance Company. Ltd. June'21 performance*
• APE came at Rs. 654 Cr. vs YoY Rs. 620 Cr. (+5%) and MoM Rs. 399 Cr. (+64%)
• *June. Month* Market Share (pvt player APE) came at 17.1% vs YoY 19.2% and MoM 20.7%
• *YTD* Market Share (pvt player APE) came at 18.7% vs YoY 18.8%
June 2021 APE - Total Pvt. Players increased by +18% YoY to Rs. 3818 Cr
> Outperformers: Bajaj +56%, ICICI +44%, Max +18%
> Underperformers: SBI +13%, HDFC +5%
YTD (Apr-June 2021) APE - Pvt. Players increased by +27% YoY at Rs. 7954 Cr
> Outperformers: Bajaj +53%, ICICI +48%, Max +36%
> Underperformers: HDFC +26%, SBI +26%
*Bajaj Allianz Life Insurance Co. Ltd. (Bajaj Finserv) June'21 performance*
• APE came at Rs. 262 Cr. vs YoY Rs. 168 Cr. (+56%) and MoM Rs. 137 Cr. (+91%)
• *June. Month* Market Share (pvt player APE) came at 6.9% vs YoY 5.2% and MoM 7.1%
• *YTD* Market Share (pvt player APE) came at 7.1% vs YoY 5.9%
*ICICI Prudential Life Insurance Company. Ltd. June'21 performance*
• APE came at Rs. 452 Cr. vs YoY Rs. 314 Cr. (+44%) and MoM Rs. 257 Cr. (+76%)
• *June. Month* Market Share (pvt player APE) came at 11.8% vs YoY 9.7% and MoM 13.4%
• *YTD* Market Share (pvt player APE) came at 12.3% vs YoY 10.6%
*Max Life Insurance Company. Ltd. June'21 performance*
• APE came at Rs. 420 Cr. vs YoY Rs. 356 Cr. (+18%) and MoM Rs. 184 Cr. (+129%)
• *June. Month* Market Share (pvt player APE) came at 11.0% vs YoY 11.0% and MoM 9.5%
• *YTD* Market Share (pvt player APE) came at 10.6% vs YoY 10.0%
*SBI Life Insurance Company. Ltd. June'21 performance*
• APE came at Rs. 799 Cr. vs YoY Rs. 704 Cr. (+13%) and MoM Rs. 311 Cr. (+157%)
• *June. Month* Market Share (pvt player APE) came at 20.9% vs YoY 21.8% and MoM 16.1%
• *YTD* Market Share (pvt player APE) came at 19.4% vs YoY 19.5%
*HDFC Life Insurance Company. Ltd. June'21 performance*
• APE came at Rs. 654 Cr. vs YoY Rs. 620 Cr. (+5%) and MoM Rs. 399 Cr. (+64%)
• *June. Month* Market Share (pvt player APE) came at 17.1% vs YoY 19.2% and MoM 20.7%
• *YTD* Market Share (pvt player APE) came at 18.7% vs YoY 18.8%