Tata Consultancy Services Limited · NSE:TCS
Tata Consultancy Services — Investor Day (December 2025)
55 slides from Tata Consultancy Services's investor day presentation, Dec 17, 2025
Slide 1: Submission of presentation for TCS Analyst Day 2025
TCS/SE/167/2025-26 December 17, 2025 National Stock Exchange of India Limited BSE Limited Exchange Plaza, C-1, Block G, P. J. Towers, Bandra Kurla Complex, Bandra (East), Dalal Street, Mumbai - 400051 Mumbai - 400001 Symbol - TCS Scrip Code No. - 532540 Dear Sirs, Sub: Submission of presentation to
Slide 2: Gaining leadership in AI
Gaining leadership in AI K. Krithivasan T C S P U B L I C
Slide 3: Digital to AI enterprise – The Giant Leap!
Digital to AI enterprise – The Giant Leap! Data aware Context aware Reporting Reasoning Automation Autonomy Software driven Intelligence driven Data informs Humans AI as a decision coach TCS Intelligent Choice Architecture for Enterprises AI as a Co-Architect of choice
Slide 4: How are we helping enterprises make this leap?
How are we helping enterprises make this leap? ~5,000 AI engagements across industries Anchor AI Technology Build Right AI Assurance ROI to Business Choices – Design Operating Model – Ethical & Certainty Strategy & Value for change & Change Culture Responsible
Slide 5: Building a Future ready TCS
, Building a tt | Future ready TCS
Slide 6: We will be the world's largest AI-led Technology Services company
Our Aspiration We will be the world’s largest AI-led Technology Services company
Slide 7: Pillars of our Transformation
Our Aspiration We will be the world’s largest AI-led Technology Services company tcsAI Redefining Future-ready Making AI AI Ecosystem Internal Transformation all Services Talent Model Real for clients Play Pillars of our – Drive AI first – New AI Services – AI Fluency – Industry / Domain – Partnersh
Slide 8: From Infrastructure to Intelligence
From Infrastructure to Intelligence TCS AMR, Quadruped Gaining leadership Physical Intelligence Robotics & Smart devices in Full stack in Action Digital Third party integration services Conversational & Visual interfaces AI Services Applications & Agents TCS BaNCS , TCS ADD , TCS Optumera , TCS Twin
Slide 9: Gaining leadership in AI
Gaining leadership in AI Clients Employees Market Recognition 54/60 100% 14 >100 M clients Sales and pre-sales AI Awards (LTM) personnel trained in AI ~5,000 180,000 8/8 ‘Leadership’ rating in AI engagements Employees with analyst reports higher order skills 94.8% >281,000 209 Customer satisfaction
Slide 10: Gaining leadership in AI
Gaining leadership in AI Absolute Revenue QoQ AI Services $1.5Bn ~ Revenue (Annualized) 85% of clients ( >$20 Mn) 16.3% Growth (QoQ) BFSI Life Science & Healthcare Technology & Services Consumer Business Manufacturing Comm. & Media Energy, Resource & Utilities 8.5% 5.7% 42.2% 35.3% 109.7% 20.4% 16.6
Slide 11: Leadership – Redesigning services through AI
Leadership – Redesigning services through AI 38.2% 9% 7.5% Y-O-Y CC Y-O-Y CC Y-O-Y CC AI Services Interactive Cyber Security ~$11Bn Revenue (Annualized) 7.5% 6.2% 2.6% Y-O-Y CC Y-O-Y CC Y-O-Y CC Cloud Enterprise Solutions IoT&DE
Slide 12: Enduring customer delight
Enduring customer delight 94.18% Customer Satisfaction Score 93.93% #1 in CSAT for 12 consecutive years rated by 2,300 C-level 93.65% tech buyers in Europe 93.44% 93.46% “Congratulations to TCS for 12 years in first place. It is no easy feat to achieve this ranking, and this level of consistency ove
Slide 13: Sustained leadership, trust and employee delight
Sustained leadership, trust and employee delight First-ever Enterprise-Wide Top Employer Certification in 2025 Awarded Best Top Employer Award & Employer Brand similar prestigious recognitions in by LinkedIn #1 Technology Services Firm globally in 3232countries countries Best Labour Newsweek Magazin
Slide 14: Strong financials with disciplined execution
Strong financials with disciplined execution Over 25.2% 100% Over $6.3 Bn EBIT Of Net Profit 50% Industry leading Consistent cash Best in Investible margin conversion class RoE surplus
Slide 15: Best positioned to gain leadership in AI
In summary Shift from Digital Differentiated to AI Enterprise strategy & investments Huge opportunity! ‘5 pillars’; ‘Infrastructure to intelligence’ Enduring Robust financials & partnerships execution discipline Trust, Tech leadership & Value creation Resilient core business model Best positioned to
Slide 16: Thank you
Thank you T TC CS S P PU UB BL LI CI C
Slide 17: Building a Future-ready AI-led Tech Services Organization
Building a Future-ready AI-led Tech Services Organization Aarthi Subramanian T C S P U B L I C
Slide 18: Pillars of our Transformation
Our Aspiration We will be the world’s largest AI-led Technology Services company tcsAI Redefining Future-ready Making AI AI Ecosystem Internal Transformation all Services Talent Model Real for clients Play Pillars of our – Drive AI first – New AI Services – AI Fluency – Industry / Domain – Partnersh
Slide 19: Building AI-First Culture
Building AI-First Culture tcsAI Infra – AI infra access for ALL World’s largest AI – Safe, Secure, Cloud-native, On-demand Foundry for employees – Pro-code, Vibe-code, Low-code, No-code Hackathon Partners tcsAI Hackathon World’s Largest Most Inclusive Most Innovative World’s largest, most 281,000+ C
Slide 20: Building AI-First Solutions
Building AI-First Solutions Business IT Operations Software IT HR Finance Procurement engineering Operations Learning Invoice Compliance Coding & Beyond Applications & Infra & Hiring processing
Slide 21: AI-Powered Personalized Learning
AI-Powered Personalized Learning TCS Industry leading N=1 Personalized learning platform Coach - On-demand learning - Virtual avatar - Top-notch curated - All-in-one SME: content: Industry best Domain, Tech & Soft + TCS best skills - Well-defined learning - Adaptive to learner's pathways skills & le
Slide 22: Pillars of our Transformation
Our Aspiration We will be the world’s largest AI-led Technology Services company tcsai Redefining Future-ready Making AI AI Ecosystem Internal Transformation all Services Talent Model Real for clients Play Pillars of our – Drive AI first – New AI Services – AI Fluency – Industry / Domain – Partnersh
Slide 23: Redefining all services for 'Human + AI'
Business Process Operations AI in Industry Value Chain Business Product Engineering Application Operations Redefining Modernization all services for Applications Testing Product Implementation Cyber Security ‘Human + AI’ Application Development Cloud Migration & Operations Infra Operations Infrastru
Slide 24: TCS' 'Human + AI' Service Autonomy Model
TCS’ ‘Human + AI’ Service Autonomy Model Supervised Autonomous Agentic Tool Assistant Agent AI Workforce Enterprise Work done by humans, Work done by humans, Parts of work done by AI AI agents work Self-learning AI systems set using general-purpose using integrated agents with human autonomously; Hu
Slide 25: Service Autonomy: Application Development
Service Autonomy: Application Development Supervised Autonomous Agentic Tool Assistant Agent AI Workforce Enterprise Work done by humans, Work done by humans, Parts of work done by AI AI agents work Self-learning AI systems set using general-purpose using integrated agents with human autonomously; H
Slide 26: Service Autonomy: Application Development
Service Autonomy: Application Development Large Global Large Asia-Pacific Bank Consulting Firm Aerospace OEM Mature tech stack; TCS elevated customer TCS proactively elevated TCS helped realize from Level 2 to 3 from Level 1 to 2 Level 3 potential “TCS is the sole partner who worked in their own bac
Slide 27: Pillars of our Transformation
Our Aspiration We will be the world’s largest AI-led Technology Services company tcsai Redefining Future-ready Making AI AI Ecosystem Internal Transformation all Services Talent Model Real for clients Play Pillars of our – Drive AI first – New AI Services – AI Fluency – Industry / Domain – Partnersh
Slide 28: Leading the future-ready talent model
Leading the future-ready talent model Future-ready Skills Future-ready Roles Future-ready Hiring Reskilling to work Role transition to Securing alongside AI ‘AI champions’ top talent AI fluency at scale: AI-centric engagement: Advisory & Consulting: Sales & Advisory to Across Big Bets – AI aware: 58
Slide 29: Pillars of our Transformation
Our Aspiration We will be the world’s largest AI-led Technology Services company tcsai Redefining Future-ready Making AI AI Ecosystem Internal Transformation all Services Talent Model Real for clients Play Pillars of our – Drive AI first – New AI Services – AI Fluency – Industry / Domain – Partnersh
Slide 30: Making AI real: Enterprise Priorities
Making AI real: Business Value Chain Enterprise Agents & Autonomous processes Establish early Priorities competitive AI Foundation leadership Industry-specific and Agentic ready powered by AI Lead with AI Use-cases RoI led scaling Data Foundation Integrated, Clean and AI ready Enterprise Core Syst
Slide 31: Innovate with AI, Build with AI, Scale with AI
Lead with AI: Adopting AI across industry value chain Innovate with AI Build with AI Scale with AI
Slide 32: Lead with AI: Adopting AI across industry value chain
Lead with AI: Adopting AI across industry value chain Innovate Build Scale with AI with AI with AI Ignite Imagination on Accelerate Scale AI-native solutions ‘High-impact’ ideas ‘Idea to Execution’ for enterprise-wide impact Build AI-First culture Deliver AI solutions in 12-16 weeks AI Platforms, TC
Slide 33: Lead with AI: Customer Stories
Lead with AI: Customer Stories Innovate Build Scale with AI with AI with AI Large NA Large US Bank UK High Utilities Major Street Bank Integration Modernization AI Immersion for CEO + Industry value chain Direct reports 3 Weeks Rapid Build scaling with AI Office & AI Platforms - Prioritized high-imp
Slide 34: Pillars of our Transformation
Our Aspiration We will be the world’s largest AI-led Technology Services company tcsai Redefining Future-ready Making AI AI Ecosystem Internal Transformation all Services Talent Model Real for clients Play Pillars of our – Drive AI first – New AI Services – AI Fluency – Industry / Domain – Partnersh
Slide 35: AI Ecosystem: Scaling and Winning with Partners
AI Ecosystem: Scaling and Winning with Partners Enterprise Domain Deep tech AI-native partnerships partnerships partnerships partnerships Hyperscalers Enterprise solutions
Slide 36: Thank You
Thank You T C S P U B L I C
Slide 37: TCS AI Ecosystem
TCS AI Ecosystem Mangesh Sathe T C S P U B L I C
Slide 38: From Infrastructure to Intelligence
From Infrastructure to Intelligence TCS AMR, Quadruped Gaining leadership Physical Intelligence Robotics & Smart devices in Full stack in Action Digital Third party integration services Conversational & Visual interfaces AI Services Applications & Agents TCS BaNCS , TCS ADD , TCS Optumera , TCS Twin
Slide 39: Build: AI infrastructure to enable full stack AI services
Build: AI infrastructure to enable full stack AI services India Data Centre (DC) Market (GW) Customer Segments and Needs Rationale for TCS Hyperscalers Position as one stop AI ecosystem • Liquid-cooled, high-density infrastructure orchestrator and transformation partner Very limited 10-12 GW • Laten
Slide 40: Partner: collaboration with Hyperscalers, AI innovators, DC ecosystem
o Partner: 360 collaboration with Hyperscalers, AI innovators, DC ecosystem Key Focus areas: AI Services AI Infra Cyber security Cloud Enterprise Solutions Digital Engineering Players Partnership framework Select examples – AI companies: Models, – Mutual services: AI, Cloud, Modernization, Compute,
Slide 41: Acquire: Strengthen our positioning to drive AI-first transformation
Acquire: Strengthen our positioning to drive AI-first transformation Market: Strategy: Key M&A Case $20B Salesforce services Leverage M&A to become Top 5 Study Objectives market in 2025 $ 30B by 2030 global Salesforce advisory firm Accelerate AI capabilities Tech & Advisory Build deep domain 1 Boo
Slide 42: Post acquisitions, TCS's portfolio now has all major SF capabilities
Post acquisitions, TCS’s portfolio now has all major SF capabilities and market coverage Core areas (~70% of market) Emerging areas AI & Industry Market Company Area Services Sales Mktg. Commerce Experience Data Agentic Clouds1 coverage Combined Overall Large + MM Capabilities Advisory Large Impleme
Slide 43: Thank you
Analyst Day TATA 2025 Thank you
Slide 44: Balancing Speed & Scale with Discipline
Balancing Speed & Scale with Discipline Samir Seksaria T C S P U B L I C
Slide 45: Pillars of our Transformation
Our Aspiration We will be the world’s largest AI-led Technology Services company tcsAI Redefining Future-ready Making AI AI Ecosystem Internal Transformation all Services Talent Model Real for clients Play Pillars of our – Drive AI first – New AI Services – AI Fluency – Industry / Domain – Partnersh
Slide 46: Gaining AI Leadership
tcsAI Redefining Future-ready Making AI AI Ecosystem Internal Transformation all Services Talent Model Real for clients Play Gaining AI Leadership
Slide 47: Gaining AI Leadership: Speed and Scale
Speed Gaining AI Scale Leadership
Slide 48: Gaining AI Leadership: Speed, Scale, Acquire
Speed Gaining AI Scale Leadership Acquire
Slide 49: Partner Build Acquire
Build Partner AI Native Players AI ready Talent Hyperscalers Intellectual Property Data Platform providers Innovation Infrastructure Enterprise Software TCS SovereignSecure Cloud Deep Tech Hypervault Strategic Joint Venture - TPG Acquire Top talent ListEngage | Coastal Cloud
Slide 50: From Infrastructure to Intelligence
From Infrastructure to Intelligence TCS AMR, Quadruped Physical Robotics & Smart devices Intelligence in Action Third party integration services Digital Conversational & Visual interfaces Applications & Agents TCS BaNCS , TCS ADD , TCS Optumera , TCS TwinX, purpose-built Agents etc.. (Vertical & Hor
Slide 51: Margin Levers
Operation Margin Levers Utilization | Pyramid Optimization | Repurpose SG&A Excellence AI as an Delivery | Productivity | Operation Enhancement Accelerator Pricing & Outcome Based Pricing | New Age Service Mix Mix Strategy Macro Demand Environment | Currency 25.2% 26-28%
Slide 52: Return on Equity
Return on Equity 51.2% Industry Leading RoE 50.3% 51.2% 45.9% 42.6% 38.2% 23.6% Peer FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 Average
Slide 53: Capital Allocation
Capital Allocation 110% Returns since listing 104% 97% 81% 80% 80-100% Free Cash Flow Dividends ₹275KCr 45,602 46,223 44,962 Buy Back 31,424 30,664 ₹95KCr Capital Appreciation ~3,000% FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026 & Beyond ₹crore Free cashflow after all investments
Slide 54: Best positioned to gain leadership in AI
In summary Shift from Digital Differentiated to AI Enterprise strategy & investments Huge opportunity! ‘5 pillars’; ‘Infrastructure to intelligence’ Enduring Robust financials & partnerships execution discipline Trust, Tech leadership & Value creation Resilient core business model Best positioned to
Slide 55: Thank You
Thank You T C S P U B L I C
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