Standalone (Rs.

in Million)
Particulars
No of Months
Operating Income
Less :Inter divisional transfers
Less: Excise
Net Sales
EXPENDITURE :
Stock Adjustments
Raw Materials Consumed
Power & Fuel Cost
Employee Cost
Cost of Software developments
Operating Expenses
General and Administration Expenses
Selling and Marketing Expenses
Miscellaneous Expenses
Expenses Capitalised
Total Expenditure
PBIDT (Excl OI)
Other Income
Operating Profit
Interest
PBDT
Depreciation
Profit Before Taxation & Exceptional Items
Exceptional Income / Expenses
Profit Before Tax
Provision for Tax
PAT
Adj to Profit After Tax
Profit Balance B/F
Appropriations
Equity Dividend (%)
Earnings Per Share (Rs.)
Book Value (Rs.)

Mar-13
12
332296
0
31
332265

Mar-12
12
318034
0
1205
316829

Mar-11
12
264012
0
1007
263005

-182
27014
2304
159042
35524
4841
22684
1624
10079
0
262930
69335
13253
82588
3524
79064
7013
72051
0
72051
15549
56502
-4026
51684
104160
350
22.94
98.15

449
46561
2334
133115
33544
6123
18916
4704
10653
0
256399
60430
12274
72704
6057
66647
7461
59186
0
59186
12335
46851
0
26663
73514
300
19.06
98.69

-316
37829
2005
109374
26151
3264
14720
3681
8688
0
205396
57609
6807
64416
1360
63056
6001
57055
0
57055
8618
48437
0
0
48437
300
19.74
86.76

Mar-10
12
230063
0
843
229220

Mar-09
12
216128
0
1055
215073

-1110
37304
1414
90465
19839
2634
12746
3781
7132
0
174205
55015
8667
63682
998
62684
5796
56888
0
56888
7908
48980
0
0
48980
300
33.37
119.33

38
34037
1540
92422
12092
3389
13396
3084
17670
0
177668
37405
5378
42783
1968
40815
5336
35479
0
35479
5741
29738
0
0
29738
200
20.3
83.84

Standalone (Rs. in Million)

Particulars
Share Capital
Share Warrants & Outstandings
Total Reserves
Shareholder's Funds
Minority Interest
Long-Term Borrowings
Secured Loans
Unsecured Loans
Deferred Tax Assets / Liabilities
Other Long Term Liabilities
Long Term Trade Payables
Long Term Provisions
Total Non-Current Liabilities
Current Liabilities
Trade Payables
Other Current Liabilities
Short Term Borrowings
Short Term Provisions
Total Current Liabilities
Total Liabilities
ASSETS
Non-Current Assets
Gross Block
Less: Accumulated Depreciation
Less: Impairment of Assets
Net Block
Lease Adjustment A/c
Capital Work in Progress
Intangible assets under development
Pre-operative Expenses pending
Assets in transit
Non Current Investments
Long Term Loans & Advances
Other Non Current Assets
Total Non-Current Assets
Current Assets Loans & Advances
Currents Investments
Inventories
Sundry Debtors
Cash and Bank
Other Current Assets
Short Term Loans and Advances
Total Current Assets

Mar-13
4926
549
236820
242295
0
0
504
86
-623
118
0
2289
2374
0
49228
38054
39870
34094
161246
405915
0
0
83188
44094
0
39094
0
3789
0
0
0
48547
24357
6280
122067
0
60495
3205
84994
78004
39522
17628
283848

Mar-12
4917
906
237702
243525
0
0
10
22012
-268
355
0
2593
24702
0
38922
20507
30410
27567
117406
385633
0
0
88078
41580
0
46498
0
3012
0
0
0
62943
23605
10683
146741
0
40409
7851
79670
62328
34220
14414
238892

Net Current Assets (Including Current Investments)

Total Current Assets Excluding Current Investments
Miscellaneous Expenses not written of
Total Assets
Contingent Liabilities
Total Debt
Book Value
Adjusted Book Value

122602
223353
0
405915
25488
60950
98.15
98.15

121486
198483
0
385633
26957
52869
98.69
98.69

Mar-11
4908
284
208010
213202
0
0
96
19258
-108
2659
0
2737
24642
0
36099
12454
27754
26939
103246
341090
0
0
77793
35423
0
42370
0
3964
0
0
0
60184
7464
9986
123968
0
47950
7249
57813
52033
29118
22959
217122

Mar-10
2936
1741
172245
176922
0
0
0
55302
-348
0
0
0
54954
0
14957
33785
0
22308
71050
302926
0
0
67613
31050
0
36563
0
9911
0
0
0
58741
0
0
105215
0
30924
6069
50164
56643
17535
36376
197711

Mar-09
2930
2328
119891
125149
0
0
0
50139
-577
0
0
0
49562
0
15252
40391
0
17999
73642
248353
0
0
57433
25637
0
31796
0
13118
0
0
0
52467
0
0
97381
0
16378
4596
44464
44092
15186
26256
150972

113876
169172
0
341090
15097
47441
86.76
86.76

126661
166787
0
302926
18892
55302
119.33
71.6

77330
134594
0
248353
11468
50139
83.84
50.3

Standalone (Rs. in Million)

Particulars
No of Months
Operating Income
Less :Inter divisional transfers
Less: Excise
Net Sales
EXPENDITURE :
Stock Adjustments
Raw Materials Consumed
Power & Fuel Cost
Employee Cost
Cost of Software developments
Operating Expenses
General and Administration Expenses
Selling and Marketing Expenses
Miscellaneous Expenses
Expenses Capitalised
Total Expenditure
PBIDT (Excl OI)
Other Income
Operating Profit
Interest
PBDT
Depreciation
Profit Before Taxation & Exceptional Items
Exceptional Income / Expenses
Profit Before Tax
Provision for Tax
PAT
Adj to Profit After Tax
Profit Balance B/F
Appropriations
Equity Dividend (%)
Earnings Per Share (Rs.)
Book Value (Rs.)
Total Non-Current Assets
Current Assets Loans & Advances
Currents Investments
Inventories
Sundry Debtors
Cash and Bank
Other Current Assets
Short Term Loans and Advances
Total Current Assets

Mar-14
Mar-13
12
12
646760.8 484269.6
0
0
31.5
8.2
646729.3 484261.4
-0.7
398.4
4632.5
307828.4
24028.7
66354.7
27050.9
306.3
794.1
0
431393.3
215336
31148.3
246484.3
234.1
246250.2
10805.5
235444.7
0
235444.7
50695.5
184749.2
23752.2
246028.5
454529.9
3200
94.18
224.9
224958
0
7338.7
85.7
144718.9
125662.6
38963.2
31579
348348.1

0
250.2
3756.1
238995.9
22198.6
54267.2
20851.2
350.7
528.8
0
341198.7
143062.7
22303.9
165366.6
306.2
165060.4
8028.6
157031.8
0
157031.8
29168.4
127863.4
-1030
182352
309185.4
2200
65.23
165.86
193552.7
0
3486.5
63.4
112023.2
40541.6
33161.5
44029.2
233305.4

Net Current Assets (Including Current Investments)

Total Current Assets Excluding Current Investments
Miscellaneous Expenses not written of
Total Assets
Contingent Liabilities
Total Debt
Book Value
Adjusted Book Value

225691.1 138317.3
341009.4 229818.9
0
0
573306.1 426858.1
80027.3 73034.1
1154.8
1719.4
224.9
165.86
224.9
165.86

Mar-12
Mar-11
Mar-10
12
12
12
381044.8 292756.8 230444.5
0
0
0
2.5
2.7
0
381042.3 292754.1 230444.5
2.6
117.8
2921
188987.7
19224.8
38748.6
16816.1
200.8
4742.9
0
271762.3
109280
31429
140709
164
140545
6881.7
133663.3
0
133663.3
23903.5
109759.8
0
140692
250451.8
2500
55.97
126.49
175801.9
0
5413.3
41.4
91077.2
32800.7
21762.4
14293.8
165388.8

8.7
177.1
2400
147236.1
14199.1
28731.1
12895.5
157.3
921
0
206725.9
86028.2
6554.4
92582.6
200.1
92382.5
5378.2
87004.3
0
87004.3
11304.4
75699.9
0
104581.3
180281.2
1400
38.62
99.53
154203
0
3375.8
53.7
48066.7
31205.2
10975.4
12028
105704.8

13.8
237.3
2004.9
117831.9
12296.9
18184.9
11499.4
72.7
3713.3
0
165855.1
64589.4
3903.3
68492.7
95.4
68397.3
4693.5
63703.8
0
63703.8
7518.7
56185.1
0
99904.1
156089.2
2000
28.62
76.73
94711.7
0
21234.6
67.8
33323
33961.6
6744.9
33742.2
129074.1

Standalone (Rs. in Million)

Particulars
Share Capital
Share Warrants & Outstandings
Total Reserves
Shareholder's Funds
Minority Interest
Long-Term Borrowings
Secured Loans
Unsecured Loans
Deferred Tax Assets / Liabilities
Other Long Term Liabilities
Long Term Trade Payables
Long Term Provisions
Total Non-Current Liabilities
Current Liabilities
Trade Payables
Other Current Liabilities
Short Term Borrowings
Short Term Provisions
Total Current Liabilities
Total Liabilities
ASSETS
Non-Current Assets
Gross Block
Less: Accumulated Depreciation
Less: Impairment of Assets
Net Block
Lease Adjustment A/c
Capital Work in Progress
Intangible assets under development
Pre-operative Expenses pending
Assets in transit
Non Current Investments
Long Term Loans & Advances
Other Non Current Assets

77034 44188.9 56681.6

159975.5
102329 107839.5
0
0
0
341190.7 259907.8 223785.8
48548 28076.2 21774.8
1042
411.2
357.4
126.49
99.53
76.73
126.49
99.53
76.73

Mar-14
Mar-13
Mar-12
Mar-11
Mar-10
1958.7
2957.2
2957.2
2957.2
2957.2
0
0
0
0
0
438560.1 322665.3 245609.1 192837.7
148209
440518.8 325622.5 248566.3 195794.9 151166.2
0
0
0
0
0
0
0
0
0
0
886.4
815.8
934.7
323.3
292.5
10.5
15.2
27.6
40
64.9
-467.1
202.6
-216.4
172.9
-130.3
5981.7
1975.3
1553.3
1050.4
0
922.7
543.4
422.6
248.7
0
2796.1
2695.2
1547.8
761.7
0
10130.3
6247.5
4269.6
2597
227.1
0
0
0
0
0
39775.5 33499.4 28479.1 21533.8 20282.7
24603.2 21727.1 15985.6 15842.7 12843.7
0
800.2
0
0
0
58278.3 38961.4 43890.1 24139.4 39266.1
122657 94988.1 88354.8 61515.9 72392.5
573306.1 426858.1 341190.7 259907.8 223785.8
0
0
0
0
0
0
0
0
0
0
113157.3 91833.6 72820.2 60301.6 48712.1
53865.4 40790.8
32184 26079.8 21106.9
0
0
0
0
0
59291.9 51042.8 40636.2 34221.8 27605.2
0
0
0
0
0
30475.3 17638.5 13998.2 10728.6
9407.2
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
50985.5 59757.3 51470.6 54579.1 57699.3
68207.8 45779.1 42805.1 28117.9
0
15997.5
19335 26891.8 26555.6
0

Standalone (Rs. in Million)

Particulars
Share Capital
Share Warrants & Outstandings
Total Reserves
Shareholder's Funds
Minority Interest
Long-Term Borrowings
Secured Loans
Unsecured Loans
Deferred Tax Assets / Liabilities
Other Long Term Liabilities
Long Term Trade Payables
Long Term Provisions
Total Non-Current Liabilities
Current Liabilities
Trade Payables
Other Current Liabilities
Short Term Borrowings
Short Term Provisions
Total Current Liabilities
Total Liabilities
ASSETS
Non-Current Assets
Gross Block
Less: Accumulated Depreciation
Less: Impairment of Assets
Net Block
Lease Adjustment A/c
Capital Work in Progress
Intangible assets under development
Pre-operative Expenses pending
Assets in transit
Non Current Investments
Long Term Loans & Advances
Other Non Current Assets
Total Non-Current Assets
Current Assets Loans & Advances
Currents Investments
Inventories
Sundry Debtors
Cash and Bank
Other Current Assets
Short Term Loans and Advances
Total Current Assets

Mar-14
2860
0
418060
420920
0
0
0
0
-5420
3640
0
0
-1780
0
680
40710
0
61170
102560
521700
0
0
104200
46880
0
57320
0
9540
0
0
0
39680
22690
100
129330
0
27490
0
73360
241000
27990
22530
392370

Mar-13
2870
0
357720
360590
0
0
0
0
-3220
1200
0
0
-2020
0
1780
28270
0
37880
67930
426500
0
0
80600
36070
0
44530
0
11350
0
0
0
27640
15520
80
99120
0
15800
0
63650
204010
24530
19390
327380

Net Current Assets (Including Current Investments)

Total Current Assets Excluding Current Investments
Miscellaneous Expenses not written of
Total Assets
Contingent Liabilities
Total Debt
Book Value
Adjusted Book Value

289810
364880
0
521700
1930
0
735.87
367.94

259450
311580
0
426500
5540
0
628.21
314.1

Mar-12
2870
0
294700
297570
0
0
0
0
-1890
210
0
0
-1680
0
680
23650
0
36040
60370
356260
0
0
71730
31120
0
40610
0
5880
0
0
0
10680
14290
150
71610
0
3410
0
54040
195570
18350
13280
284650

Mar-11
2870
0
242140
245010
0
0
0
0
-2300
250
0
0
-2050
0
850
17700
0
24730
43280
286240
0
0
69340
28780
0
40560
0
2490
0
0
0
12060
12240
200
67550
0
1190
0
42120
151650
12670
11060
218690

Mar-10
2870
0
217490
220360
0
0
0
0
-810
0
0
0
-810
0
10
17620
0
20350
37980
257530
0
0
63570
25780
0
37790
0
4090
0
0
0
11290
0
0
53170
0
34970
0
32440
97970
9160
29820
204360

224280
281240
0
356260
750
0
518.41
259.21

175410
217500
0
286240
2740
0
426.85
213.42

166380
169390
0
257530
23770
0
383.9
191.95

Standalone (Rs. in Million)

Particulars
No of Months
Operating Income
Less :Inter divisional transfers
Less: Excise
Net Sales
EXPENDITURE :
Stock Adjustments
Raw Materials Consumed
Power & Fuel Cost
Employee Cost
Cost of Software developments
Operating Expenses
General and Administration Expenses
Selling and Marketing Expenses
Miscellaneous Expenses
Expenses Capitalised
Total Expenditure
PBIDT (Excl OI)
Other Income
Operating Profit
Interest
PBDT
Depreciation
Profit Before Taxation & Exceptional Items
Exceptional Income / Expenses
Profit Before Tax
Provision for Tax
PAT
Adj to Profit After Tax
Profit Balance B/F
Appropriations
Equity Dividend (%)
Earnings Per Share (Rs.)
Book Value (Rs.)

Mar-14
12
443410
0
0
443410

Mar-13
12
367650
0
0
367650

Mar-12
12
312540
0
0
312540

0
0
1810
243500
35160
14220
18020
1480
3890
0
318080
125330
25760
151090
60
151030
11010
140020
0
140020
38080
101940
630
253830
356400
1260
178.22
735.87

0
0
1800
199320
24650
14310
14640
1510
1260
0
257490
110160
22170
132330
30
132300
9560
122740
830
123570
32410
91160
0
199930
291090
840
158.82
628.21

0
0
1540
154730
31080
10560
11840
1300
860
0
211910
100630
18290
118920
20
118900
7940
110960
5780
116740
32040
84700
-840
155910
239770
940
147.56
518.41

Mar-11
12
253850
0
0
253850

Mar-10
12
211400
0
0
211400

0
0
1420
124590
25030
8070
9520
1030
40
0
169700
84150
11470
95620
10
95610
7400
88210
0
88210
23780
64430
0
138060
202490
1200
112.25
426.85

0
0
1220
103400
18050
6260
7580
870
430
0
137810
73590
9220
82810
20
82790
8070
74720
0
74720
17170
57550
0
103050
161080
500
100.26
383.9

Standalone (Rs. in Million)

Particulars
Share Capital
Share Warrants & Outstandings
Total Reserves
Shareholder's Funds
Minority Interest
Long-Term Borrowings
Secured Loans
Unsecured Loans
Deferred Tax Assets / Liabilities
Other Long Term Liabilities
Long Term Trade Payables
Long Term Provisions
Total Non-Current Liabilities
Current Liabilities
Trade Payables
Other Current Liabilities
Short Term Borrowings
Short Term Provisions
Total Current Liabilities
Total Liabilities
ASSETS
Non-Current Assets
Gross Block
Less: Accumulated Depreciation
Less: Impairment of Assets
Net Block
Lease Adjustment A/c
Capital Work in Progress
Intangible assets under development
Pre-operative Expenses pending
Assets in transit
Non Current Investments
Long Term Loans & Advances
Other Non Current Assets
Total Non-Current Assets
Current Assets Loans & Advances
Currents Investments
Inventories
Sundry Debtors
Cash and Bank
Other Current Assets
Short Term Loans and Advances
Total Current Assets

Jun-14
Jun-13
1400
1393.7
2145.7
2199.3
153986.9 98784.4
157532.6 102377.4
0
0
0
0
274.5
5326.6
0
0
-3117.9
-3766.9
5154.3
4369.2
0
0
1752.8
1659.8
4063.7
7588.7
0
0
3924.7
3332.9
40061.6 29784.5
292.5
824.8
45120.9 33892.4
89399.7 67834.6
250996 177800.7
0
0
0
0
49210.6 41458.8
24724.9
21917
0
0
24485.7 19541.8
0
0
5185
4881.9
0
0
0
0
0
0
35597.2 36097.2
7426.6
6766.6
941.3
875
73635.8 68162.5
0
0
5562.9
4459.8
155.4
818.4
32241.9 27092.1
79110.8 28088.3
14853.2
13081
44109.9 34772.3
176034.1 108311.9

Net Current Assets (Including Current Investments)

Total Current Assets Excluding Current Investments
Miscellaneous Expenses not written of
Total Assets
Contingent Liabilities
Total Debt
Book Value
Adjusted Book Value

86634.4 40477.3
170471.2 103852.1
1326.1
1326.3
250996 177800.7
14.2
52.9
5685.9
6265.8
220.09
141.86
220.09
141.86

Jun-12
1386.6
2656.6
62022.6
66065.8
0
0
5256.5
0
-2371.5
3496.3
0
1631.8
8013.1
0
3803.2
18838.4
1732.2
19118.6
43492.4
117571.3
0
0
34972.6
18835.5
0
16137.1
0
5495.5
0
0
0
29336.7
6017.1
1532.8
58519.2
0
3642.8
999.9
19924.2
10412
9068.1
13912.6
57959.6

Jun-11
1377.4
2077
55137.1
58591.5
0
0
8471.1
0
-1330.6
920.5
0
1007.2
9068.2
0
3401.6
13232
2.9
11773.7
28410.2
96069.9
0
0
28805.7
15846.4
0
12959.3
0
5186.9
0
0
0
22406.5
5135.8
1474.9
47163.4
0
4126.3
1249.7
16572.6
9537
7469.5
9123.1
48078.2

Jun-10
1357.6
2021.5
45979.5
49358.6
0
0
10305.1
3668.8
-1061.6
0
0
0
12912.3
0
6456
10768.8
0
10780.9
28005.7
90276.6
0
0
22933.7
13495.4
0
9438.3
0
4772
0
0
0
14857
0
0
29067.3
0
7475
120.4
20847
9894.3
4328.2
18544.4
61209.3

14467.2
54316.8
1092.5
117571.3
42.9
10398.2
89.88
89.88

19668
43951.9
828.3
96069.9
23
10301.6
80.86
80.86

33203.6
53734.3
0
90276.6
22374.5
13973.9
69.74
69.74

Standalone (Rs. in Million)

Particulars
No of Months
Operating Income
Less :Inter divisional transfers
Less: Excise
Net Sales
EXPENDITURE :
Stock Adjustments
Raw Materials Consumed
Power & Fuel Cost
Employee Cost
Cost of Software developments
Operating Expenses
General and Administration Expenses
Selling and Marketing Expenses
Miscellaneous Expenses
Expenses Capitalised
Total Expenditure
PBIDT (Excl OI)
Other Income
Operating Profit
Interest
PBDT
Depreciation
Profit Before Taxation & Exceptional Items
Exceptional Income / Expenses
Profit Before Tax
Provision for Tax
PAT
Adj to Profit After Tax
Profit Balance B/F
Appropriations
Equity Dividend (%)
Earnings Per Share (Rs.)
Book Value (Rs.)

Jun-14
Jun-13
12
12
164973.7 125178.2
0
0
0
0
164973.7 125178.2

Jun-12
12
89072.2
0
0
89072.2

647.5
3453.7
2051.5
51239.5
17763.7
2873.6
12324
308.7
1206.5
0
91868.7
73105
6595.1
79700.1
816.5
78883.6
4907
73976.6
0
73976.6
14130.4
59846.2
0
65971.2
125817.4
500
85.49
220.09

258.5
1805.1
1542.3
39230.6
8019.6
2152.3
8979.1
218.2
1767.9
0
63973.6
25098.6
3012.2
28110.8
972.7
27138.1
3530.7
23607.4
0
23607.4
4103.2
19504.2
0
24357.1
43861.3
600
28.13
89.88

78.3
2516.6
2013
46286.1
11397.5
2562.3
10926.5
310
3183.4
0
79273.7
45904.5
3791.2
49695.7
764.6
48931.1
4419.1
44512
0
44512
8400.2
36111.8
8318.1
31857.7
77223
600
51.82
141.86

Jun-11
12
67944.8
0
0
67944.8

Jun-10
12
50787.6
0
0
50787.6

-1094.8
2747.9
1269.4
32590.9
4107
1846.4
9726.4
232.7
1358.2
0
52784.1
15160.7
1665.7
16826.4
1013.9
15812.5
2913.7
12898.8
0
12898.8
916
11982.8
-98.1
22609.5
34494.2
375
17.4
80.86

344.1
510.6
869.3
21770.8
3332.2
1067.5
8049.5
198.5
1080.7
0
37223.2
13564.4
1717.7
15282.1
1013.6
14268.5
2740.3
11528.2
0
11528.2
962.4
10565.8
0
19209.7
29775.5
200
15.57
69.74

TCS
INFOSYS
WIPRO
HCL

YEAR ON YEAR REVENUE GROWTH %

FY 2014 FY 2013 FY 2012 FY 2011
34%
27%
30%
27%
21%
18%
23%
20%
5%
20%
15%
7%
32%
41%
31%
34%

TCS
INFOSYS
WIPRO
HCL

GROSS PROFIT MARGINS

FY 2014 FY 2013 FY 2012 FY 2011 FY 2010
38%
34%
37%
32%
30%
34%
36%
38%
38%
39%
25%
23%
24%
28%
20%
48%
40%
32%
25%
30%

TCS
INFOSYS
WIPRO
HCL

NET PROFIT MARGIN

FY 2014 FY 2013 FY 2012 FY 2011 FY 2010
29%
26%
29%
26%
24%
23%
25%
27%
25%
27%
17%
15%
18%
21%
14%
36%
29%
22%
18%
21%

TCS
INFOSYS
WIPRO
HCL

EARNING PER SHARE

FY 2014 FY 2013 FY 2012 FY 2011 FY 2010
94.18
65.23
55.97
38.62
28.62
178.22
158.82
147.56
112.25
100.26
22.94
19.06
19.74
33.37
20.3
85.49
51.82
28.13
17.4
15.57

TCS
INFOSYS
WIPRO
HCL

RETURN ON EQUITY
FY 2014 FY 2013 FY 2012 FY 2011 FY 2010
42%
39%
44%
39%
37%
24%
25%
28%
26%
26%
23%
19%
23%
28%
24%
38%
35%
30%
20%
21%

TCS
INFOSYS
WIPRO
HCL

PRICE TO BOOK RATIO

FY 2014 FY 2013 FY 2012 FY 2011
9.763006 9.476667 9.232746 11.88084
2.245098 4.600213 5.526398 7.582898
5.528273 4.429527 5.059935 4.008213
6.392612 5.610813
5.3666 5.88981

TCS
INFOSYS
WIPRO
HCL

FY 2014 FY
2195.7
1652.1
542.6
1406.95

TCS
INFOSYS
WIPRO
HCL

PRICE TO EARNING RATIO

FY 2014 FY 2013 FY 2012 FY 2011
23.31387 24.09627 20.86564 30.61885
9.270003 18.19607 19.41542 28.83528
23.65301 22.93547 22.23911 14.33323
16.45748 15.3599 17.14717 27.37069

TCS
INFOSYS
WIPRO
HCL

PRICE/EARNING TO GROWTH RATIO

FY 2014 FY 2013 FY 2012 FY 2011
69.49069 88.9535 69.18821 113.2401
44.9857 103.1936 83.97692 143.599
485.4858 112.0716 150.885 217.9043
73.33462 59.44464
67.103 90.63588

2013 FY 2012 FY 2011

1571.8 1167.85
1182.5
2889.9 2864.94 3236.76
437.15
439
478.3
795.95
482.35
476.25

FY 2010
10.17594
6.81193
8.430344
5.130485

FY 2010
780.8
2615.1
706.8
357.8

FY 2010
27.28162
26.08318
34.81773
22.98009

YOY GROWTH %

43%

50%

30%

34%
32%

20%

21%

0%

41%

18%

20%

FY 2013

FY 2012

INFOSYS

44%

WIPRO

FY 2011

39%

38%

39%

18%
FY 2014

180

30%
28%
25%

160
37%

28%
26%

20%

FY 2013
FY 2012
FY 2011
TCS
INFOSYS
WIPRO
HCL

94.18
85.49

65.23
51.82

60
26%

40

24%

20

21%

0
FY 2014

22.94

19.06
FY 2013

FY 2010

TCS

Price/Ear

Price to Earning Ratio

40
35
30
25
20
15
10
5
0
FY 2014

158.8

140

80

23%
19%

FY 2014

178.22

120

29%

19%

FY 2013

200

100

24%
23%

23%

TCS

35%

34%

25%

23%

HCL

Return On EquitY

42%

36%
34%

34%

28%

20%

15%
7%

TCS

24%

38%

33%

34%
27%

5%
FY 2014

39%

30%
31%
23%

27%

OPE
40%

38%

40%

10%

48%

48%

600
500
400
300
200
100

FY 2013
TCS

FY 2012
INFOSYS

FY 2011
WIPRO

HCL

FY 2010

0
FY 2014

FY
TCS

5
0
FY 2014

FY 2013
TCS

FY 2012
INFOSYS

FY 2011
WIPRO

HCL

FY 2010

0
FY 2014

FY
TCS

48%

48%
43%

OPERATING PROFIT MARGIN %

40%

38%

38%

36%
34%

34%

33%

38%
37%
32%

25%

23%

28%
25%

24%

23%

26%
25%
23%

FY 2012

TCS

INFOSYS

22%

FY 2011

15%

14%

FY 2010

WIPRO

18%

17%

20%
FY 2013

29%
27%

19%

18%
FY 2014

29%

29%

24%

30%
30%

32%

28%

29%

39%

38%

Net Profit Ma

34%

FY 2014

HCL

FY 2013

FY 2012

TCS

INFOSYS

FY 20

200

180

EPS

178.22

160

158.82

Price to Book Ra

147.56

140

14

120

100
80

94.18
85.49

60
40
20

12

112.25

22.94

0
FY 2014

65.23
51.82

55.97

19.06

28.13
19.74

FY 2013

100.26

10

9.7630057803

8
6.3926121132
6

38.62
33.37
17.4

FY 2012

FY 2011

9.4766670686

5.366599911 5.8
5.52639802
4.6002133045
5.5282730515
4
5.0599354541
4.4295268011
4.0
28.62
2.2450976395
2
20.3
15.57
0
FY
2014
FY 2013
FY 2012
FY 2010
5.6108134781

TCS
TCS

INFOSYS

WIPRO

HCL

Price/Earning to Growth Ratio

600
500
400
300
200
100
0
FY 2014

FY 2013
TCS

INFOSYS

FY 2012
WIPRO

FY 2011
HCL

9.23274567

INFOSYS

WIPRO

0
FY 2014

FY 2013
TCS

INFOSYS

FY 2012
WIPRO

FY 2011
HCL

Net Profit Margin %

29%

29%
27%

26%
25%

22%
18%

27%

26%
25%

24%

21%

21%

18%

15%
FY 2013

FY 2012

TCS

INFOSYS

FY 2011

FY 2010

WIPRO

HCL

Price to Book Ratio

11.8808399478
9.4766670686

10.1759416134

9.2327456716

7.5828979735
6.8119301902
5.366599911 5.8898095474 8.4303435115
5.1304846573
5.5263980247
4.6002133045
5.0599354541
95268011
4.0082125199
5

08134781

Y 2013
TCS

FY 2012
INFOSYS

FY 2011
WIPRO

HCL

FY 2010