Which stock is cheaper: TCS or TECHM?

Based on Price to Earnings, TCS trades at a P/E of 16.2 while TECHM trades at a P/E of 26.3.

Does TCS or TECHM have higher ROCE?

TCS generates an ROCE of 24.5% compared to TECHM's ROCE of 28.0%.

TATA CONSULTANCY SERV LT (TCS) has a market cap of ₹7,55,095 Cr compared to TECH MAHINDRA LIMITED (TECHM) with ₹1,36,517 Cr.

TCSTechnology

₹2,502.60+0.99%

Market Cap: ₹7,55,095 Cr

TECHMTechnology

Leads (3/5)

₹1,790.80+1.20%

Market Cap: ₹1,36,517 Cr

Automated quantitative breakdown of fundamental strengths between TCS and TECHM.

Attractive ValuationTCS (P/E 16.2)Trades at lower Price-to-Earnings

Capital EfficiencyTECHM (ROCE 28.0%)Superior operating return on capital

Balance Sheet SafetyTECHMLower debt-to-equity ratio

Shareholder YieldTECHM (18.87%)Higher annual dividend yield

Green highlight indicates the stronger metric

Financial Metric	TCS	TECHM
Valuation Multiples
Market Capitalization	₹7,55,095 Cr	₹1,36,517 Cr
Price to Earnings (P/E)	16.19	26.34
Price to Book (P/B)	8.15	6.28
Profitability & Capital Efficiency
Return on Capital Employed (ROCE)	24.48%	27.98%
Return on Equity (ROE)	49.76%	16.36%
Operating Profit Margin (OPM)	23.96%	12.45%
Net Profit Margin (NPM)	19.40%	9.74%
Balance Sheet & Solvency
Debt to Equity Ratio	0.11	0.07
Dividend Yield	12.79%	18.87%
Historical Growth
3-Year Sales Growth (CAGR)	13.90%	10.95%
Latest Quarter Financial Results
Quarterly Revenue (30 Jun 2026)	₹72,275 Cr	₹15,712 Cr
Quarterly Net Profit	₹13,349 Cr	₹1,465 Cr