| Copyright © 2017 Tata Consultancy Services Limited

July 2018

Investor Presentation

Forward Looking Statements

Certain statements in this release concerning our future prospects are forward-looking statements. Forward-looking statements by their nature involve a number of risks and uncertainties that could cause actual results to differ materially from market expectations. These risks and uncertainties include, but are not limited to our ability to manage growth, intense competition among Indian and overseas IT services companies, various factors which may affect our cost advantage, such as wage increases or an appreciating Rupee, our ability to attract and retain highly skilled professionals, time and cost overruns on fixed-price, fixed-time frame contracts, client concentration, restrictions on cross-border movement of skilled personnel, our ability to manage our international operations, reduced demand for technology in our key focus areas, disruptions in telecommunication networks, our ability to successfully complete and integrate potential acquisitions, liability for damages on our service contracts, the success of the companies in which TCS has made strategic investments, withdrawal of governmental fiscal incentives, political instability, legal restrictions on raising capital or acquiring companies outside India, unauthorized use of our intellectual property and general economic conditions affecting our industry. TCS may, from time to time, make additional written and oral forward-looking statements, including our reports to shareholders. These forward-looking statements represent only the Company’s current intentions, beliefs or expectations, and any forward-looking statement speaks only as of the date on which it was made. The Company assumes no obligation to revise or update any forward-looking statements.

2

Tata Consultancy Services

TCS is an IT services, consulting and business solutions company, partnering with the world’s largest businesses in their

transformational journeys

FY 2018 (ending March) revenue

US$ 19.01 Bn

Employer of Choice, No. of Employees over

400,875

Global Presence in 46countries with 190Solution Centers in 18countries

Amongst the Top 10Global IT Services providers

Started in 1968, TCS is part of the Tata Group, known for its values, integrity and management excellence

3

$k

$10k

$20k

FY05

FY06

FY07

FY08

FY09

FY10

FY11

FY12

FY13

FY14

FY15

FY16

FY17

FY18R

EV IN

USD

MN

Industry-leading top- l ine growth…

The Journey so far

60%

14%

3% 23%

Judicious usage of cash…

Shareholder payout Capex Acquisitions Invested Funds

FY05 to FY18

0

100

200

FY05

FY06

FY07

FY08

FY09

FY10

FY11

FY12

FY13

FY14

FY15

FY16

FY17

FY18

EPS

IN `

…with superior profitability

1054%

503%

Mar

-05

Mar

-06

Mar

-07

Mar

-08

Mar

-09

Mar

-10

Mar

-11

Mar

-12

Mar

-13

Mar

-14

Mar

-15

Mar

-16

Mar

-17

Mar

-18

…and higher -than-benchmark share performance

TCS

BSE IT

4

Leading Technology Change

1970s 1980s 1990s 2000s 2010sMainframes, Unix, VAX, AS/400

Material Resource Planning

COBOL, Object Oriented

Data

Compute

Applications Development

Applications

Industry 4.0

IoT, Robotics Drones, Cyber-Physical

Wearables, Bionics

Cyber Sec, Identity, Blockchain

MES, M2M

BYOD

Devices

Security, PrivacyCypto

APIs, DevOps

Cognitive Automation,AI, Intelligent Agents

Cloud, Edge, Fog, MistGPU, FPGA

Pervasive, Personal

PaaS, BPaaS, Products & Platforms

Big Data, Analytics,Data Monetization

Collaboration, Social, Touch Interaction, Design, AR/VR

RPA

VirtualizationGrids

SaaS

BI, Marts,NoSQL

Groupware, Apps,

Smartphone

SoA, Agile

Y2K Factory

Windows 95, Linux

Warehouses

ERP, HRMS, CRM, FS, BPS

Automation

Client/Server, Thin Client

Digital

DBMS, RDBMS

Leading through 50 Years of Enterprise Technology

1970s 1980s 1990s 2000s 2010s

LEVERAGE ECOSYSTEMS

EMBRACE RISK

CREATE EXPONENTIAL VALUE

MASS CUSTOMIZE

ABUNDANCE

AGILE

AUTOMATED

CLOUD

INTELLIGENT

Business 4.0

Digital Transformation Offerings

Digital Core

Intelligence

Experience Analytics & InsightsBusiness Analytics, Data

Services

TCS InteractiveCommerce, Channels,

Marketing, Engagement

IOTConnected Devices, Industry 4.0, Smart City, Digital Twin,

Managed Services

Enterprise Intelligent Automation

Infra, Application, Process

Cloud InfrastructurePublic, TCS Private & Hybrid

Cloud

Cloud Apps, Microsvcs & API

Migration, Modernization, Integration

Conversational ExperiencesContent, Care, Concierge,

Commerce, Colleague

BlockchainAdvisory & Ideation, Business

Consulting, Value Demonstration

Cognitive Business

Operations

Business Process Services

Domain & Enterprise Services

Business Platforms as a Service

Application Services

IT Infra Services

Cyber SecurityI&AM, GRC, Digital Forensics,

MSS, Cloud / Mobile/ IoT

Digital WorkplaceIntranet Imagineering,

Persuasive & Immersive Experiences, Collab & KM

Systems, Emergent Learning

Consulting & Services IntegrationEnterprise Agility, M&A / Divestitures, Finance & Shared Services, CX Front Office Transformation, SCM as a Service, Next Gen Transformation, Digital Integration

Enterprise Application Services

SAP, Oracle, MS, Salesforce

Quality Engineering & Transformation

Process, Performance, Agile

Gaining Leadership in Digital

• Digital adoption is progressing swiftly – project ticket sizes are going up

• Early adopters are now taking up core transformation programs

• Large scale, large scope, complex and risky undertakings: TCS is the preferred partner

In FY18, TCS was ranked a leader in 39 competitive assessments pertaining to digital technologies by major industry analysts

$868$934

2Q16 3Q16 4Q16 1Q17 2Q17 3Q17 4Q17 1Q18 2Q18 3Q18 4Q18

$505 $553 $568$652 $694 $704

$737$797

$1,058

$1,183

23.8%22.1%

19.7%18.9%

17.9%16.8%

16.1%15.9%15.5%

13.7%13.3%12.5%

Revenue from Digital ($Mn) Revenue Contribution % from Digital

1Q16

$1,263

1Q19

25.0%

Winning in a Business 4.0 World

10

Marching ahead with our Brand

Won top honoursin the Institutional

Investor's 2017 All Asia Executive Team

Rankings

Ranked among the Top Regarded Companies

and World’s Best Employers in the

Forbes Global 2000 list

Listed in Fortune’s 2017 List of the Top 50 companies that

Changed the World

Ranked Global Top Employer by the Top Employers Institute

across 27 countries

Ranked among the Top 3 IT Services brands

globally, and the Fastest growing among them

Strategic Investments

Embracing Agile at Scale

Execution Capability

211,000+ Agile trained associates 8,000+ Externally certified 400+ Agile Development Zones

Market Success

440+ Clients using agile methods 1900+ Agile engagements 50+ Transformational programs

US Home Supplies Retailer

Time to market90% reduction

Product Quality30% improvement

Australian Bank

Time to market65% reduction

Product Quality80% improvement

Leading Cargo Handler

Time to market90% reduction

Product Quality30% improvement

Large US Financial

Services Co

Time to market20-50% reduction

Product Quality60% improvement

AgileReady Teams

CustomerEngagement

ExternalVisibility

AgileWorkspaces

Agile Assets

Scalable Reskilling using the Digital Learning Platform

FY 18: 247k associates trained in Digital | 861k+ Digital competencies acquired

Analytics and Insights Cloud

Mobility, Digital Marketing IOT & Cyber Security

Anytime, Anyplace, Any device

Rich & ExpandingCrowd sourced “faculty”

Content

Domain-infused, Culture focused, Gamified

Delivery

Cloud based, Immersive and Virtual

Infrastructure

Access

PLATFORMS

Advanced Drug Development

ERP on Cloud

HOBS

TCS Connected

Universe Platform

Omnistore™

ENABLERSPARTNERS

Cloud Providers Tech Partners

OEMs

COIN Partners

Intelligent

Urban ExchangeCustomer

Intelligence &

Insights

Optumera™

PRODUCTS

DESIGN STUDIOS & LABS20

INNOVATION CENTERS11

DISTRIBUTED AGILE

DEVELOP0MENT CENTERS150

3,916 patent

applications;

654 granted

PRODUCTS

Investments in Digital – Products, Platforms & Partnerships

Focus Areas for Research & Innovation

FOUNDATIONAL RESEARCHComputing, Physical Systems, Sciences

INDUSTRY 4.0Automation, Cognitive computing,Drones

GOVERNANCEAutomated Compliance, Consent Management,Enterprise Security

SUSTAINABILITYRemote Healthcare, Accessibility, Energy Management

BFSIBlockchainData Marketplace, Banking Analytics,Peer to peer Insurance

RETAILAlgorithmic Retail, Price Optimization,Dynamic Omnichannel, Shelf Product Recognition

MANUFACTURINGEarly warning system,EHS Digital Assistant, Digital Twin

LIFE SCIENCESDigital Clinical Trials, Digital Drug Discovery,Paperless Labs

Co-innovating with the Startup Eco-system

Visibility

Investor Portfolio

Events, Meetups

Demo days

Hackathons

Conferences, Forums

Customer Innovation

Partner Innovation

Publications

TCS BU Requests

3,062

Validation

TCS Horizontals

and Vertical

BUs

Customer BUs

1,073

Valuation

Joint Go to Market

Strategic Alliances

113

As of 31st March 2018

Longer Term Growth Strategy

Customer Centricity : Going deeper, Casting wider

19

Entrepreneurial Organization

Preferred partner for Transformation

Deep domain expertise

Contextual knowledge

Full Stakeholder Coverage

Enduring relationships

Strong growth

Resilient business

Verticalized Business Units

Focus on Overall Spend

Investments:• New capabilities • Customer Focused Innovation• Proactive Solutioning• IP Development

Customer-centric Organization Key Benefits Outcomes

Going Deeper, Casting Wider: A Case Study

Large Retail Client in UK

20

FY13 FY18

Rev per $ Mn CLient

FY13 FY18

Large Client Metrics

FY13 FY18

121

Rev per US$1 Million Client

3

Going Deeper, Casting Wider: Business Outcomes

207

38

97

17

52

US$ 20 Mn+

US$ 50 Mn+

US$ 100 Mn+

$19.8

$16.7

FY13 FY13 - FY18

Going Deeper, Casting Wider: Financial Outcomes

Revenue per capita ($cc)

FY13 FY13 - FY18

Net Income per capita ($)

$41,885

$12,212

$9,248

$74,146

Cash Flow

Data as of fiscsal year ending March 31st

Cash ConversionOCF to Net Income

88.7%

109.1%

FY13 FY18

Free Cash FlowUSD Mn

$1,760

$4,090

FY13 FY18 FY13 FY18

3.0%

5.7%

Free Cash Flow/Enterprise Value

Strong Capital Allocation

Free Cash Flow Shareholder Payout

Am

tin

$ M

n

Average Payout FY14-FY18 : 64%

$4,090

$4,233

FY18

$1,687

$3,824

FY17

$2,886

$1,540

FY16

$2,939$2,929

FY15

$1,165

FY14

$2,030

37.1%

91.2%41.8%

43.1%

105.7%

Structural Growth Drivers

Emerging Markets catching up in

Technology adoption>> Expandingglobal spend

Consolidating market

>> Scale providers gaining

market share

IT is a source of competitive differentiation >> Risingtechnology intensity of businesses

Shortening Tech shelf-life >>

Greater propensity

to outsource

25

Annexure

Latest Earnings’ Financial Highlights

USD Mn

Yearly Quarterly

FY18 FY17 YoY 1Q19 1Q18 YoY

Revenue - CC $18,754 $17,576 6.7% $5,018 $4,591 9.3%

Revenue - ` Bn 1,231 1,180 4.4% 343 296 15.8%

Revenue - USD $19,089 $17,576 8.6% $5,051 $4,591 10.0%

Gross Profit $8,035 $7,611 5.6% $2,090 $1,908 9.5%

Gross Margin 42.1% 43.3% (121 bps) 41.4% 41.6% (20 bps)

Operating Income $4,730 $4,518 4.7% $1,264 $1,073 17.8%

Operating Margin 24.8% 25.7% (93 bps) 25.0% 23.4% 160 bps

Net Income $4,005 $3,917 2.2% $1,082 $923 17.2%

Net Margin 21.0% 22.3% (131 bps) 21.4% 20.1% 130 bps

EPS in ` 134.19 133.41 0.6% 19.17 15.20 26.1%

IFRS

27

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