| Copyright © 2017 Tata Consultancy Services Limited

January 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, offering

transformationaland outsourcingservices to global enterprises

FY 2017 (ending March) revenue

US$ 17.58 Bn

Employer of Choice, No. of Employees over

390,880

Global Presence: 227Offices in 49 countries

and 141 Solution

Centers in 19 countries

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

$0

$10,000

$20,000

FY05

FY07

FY09

FY11

FY13

FY15

FY17R

EV IN

USD

MN

Industry-leading top- l ine growth…

The Journey so far

47%

16%

3%

34%

Judicious usage of cash…

Dividends Paid Capex Acquisitions Invested Funds

FY05 to FY17

0

100

200

FY05

FY06

FY07

FY08

FY09

FY10

FY11

FY12

FY13

FY14

FY15

FY16

FY17

EPS

IN `

…with superior profitability

884%

416%

Mar

-05

Mar

-07

Mar

-09

Mar

-11

Mar

-13

Mar

-15

Mar

-17

…and higher -than-benchmark share performance

TCS

BSE IT

4

Leading Technology Change

6

1970s 1980s 1990s 2000s 2010s

Mainframes, 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, Privacy

Cypto

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

Digital Core

Intelligence

Experience

Reboot customer experience with interactive technologies, and cognitive service operations

Deliver insights with Integrated Analytics from multiple data sources

Re-imagine core processes with new enterprise Cloud platforms and extensions coupled with process design

Analytics & InsightsBusiness Analytics, Data

Services

Digital InteractiveCommerce, Channels,

Marketing, Engagement

Cloud Apps, Micro-Services & API

Enterprise Application Services

SAP, Oracle, MS, Salesforce

IT Infra Services & TCS Cloud

Public, Private & Hybrid Cloud

Cyber SecurityI&AM, GRC, Forensics

Enterprise Intelligent Automation

Infra, Application, Process, Test

Quality Engineering & Transformation

Process, Performance, Agile

Business Process Services

Domain & Enterprise Services,

BPaaS

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

Managed Services

Blockchain

Advisory & Ideation, Business Consulting, Value

Demonstration

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

Digital Transformation Offerings

7

Embracing Agile at Scale

Market Success

700+ Clients using agile methods 100+ Large scale agile adopters 1500+ Agile engagements 300+ Large programs 80+ Transformational programs

300,000+ person years of agile experience

US Home Supplies Retailer

Time to market90% reduction

Product Quality30% improvement

Execution Capability

80,000+ Agile practitioners 10,000+ Externally certified 7,000+ Scrum Masters 2,000+ SAFe Certified Leaders 1,000+ Agile consultants & coaches 60+ SAFe SPCas

156,000+ Agile trained

associates

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

8

Scalable Reskilling using the Digital Learning Platform

FY 17: 215k employees trained in Digital598k+ competencies acquired

Anytime, Anyplace, Any device

Analytics and Insights Cloud

Mobility, Digital Marketing IOT & Cyber Security

Rich & ExpandingCrowd sourced “faculty”

Content

Domain-infused, Culture focused, Gamified

Delivery

Cloud based, Immersive and Virtual

Infrastructure

Access

9

Investments in Design Capabilities

10

Physical presence

DESIGN STUDIOS & LABS20INNOVATION CENTERS11DISTRIBUTED AGILE

ENGINEERING CENTERS13

PeopleDesign, content, and technologyIndustry and domainBest-in-class lateral hiresAcademia collaboration

PartnersPartner-led growth strategyJoint go-to-marketMulti-partner ecosystems

35+ Design / Mktg Awards

Unique, immersive, shared spaces thatbring new ideas to the fore

Process & toolchainIdeation-to-consumption Integrated collaborative toolchain bringing together design, strategy, engineering, customers and users

Design Studio, Santa Clara

Executive Briefing Center, Mumbai

Focus Areas for Research & Innovation

BFS

Frictionless Experience Insights & Automation Disintermediation Reg-Tech Security

Retail

Immersive & Connected Customer Engagement

Intelligent Merchandising & Store Operations

Life Sciences

Personalized Medicine Simplification Enterprise Automation

Manufacturing & Industrial

Digital Mfg &Ops Value Chain Re imagination Safety

Image & Speech Recognition NLP/NLG Augmented Reality Speech Biometrics Cognitive Automation

Software Systems, Physical Sciences, Life Sciences, Behavioural-Social-and-Business Systems

Foundational Research

Data and Decision Sciences,Enterprise Intelligent Automation, Cyber Physical Systems

Automation

Compliance, Enterprise Security, Risk, Data PrivacyGovernance

Energy, Agriculture, Urban ChallengesSustainability

AI

11

TCS ADD TCS HOBSAssessment

& more

& more

& more3,359 patent applications to date, 478 patents granted till date

CHROMAIntegrated Urban

ExchangeCustomer

Intelligence & InsightsTAP -

TCS Accounts Payable

Technology Products

Horizontal Products & Platforms

Vertical Products & Platforms

Portfolio of Intellectual Property

12

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

2,029

Validation

TCS Horizontals

and Vertical

BUs

Customer BUs

702

Valuation

Joint Go to Market

Strategic Alliances

76

GEOGRAPHY TECHNOLOGY VERTICAL

USA, APAC Robo Advisory BFS

USA Data Streaming BFS

USA FX Payments BFS

USA Visual IVR BFS

USA AI - Data Enrichment BFS, CPG

USA Big Data CPG

USA Home Automation INS

UK Cybersecurity MFG

India AI - Fraud BFS

India ChatBots BFS

India Payments BFS

India Data Digitization MFG

India Big Data Analytics Retail, CPG

Europe DB Devops BFS

Europe NLG INS

Europe Language Translation MFG

Australia Test Automation BFS

APAC Gamification Telecom

13

Alliances and Partnerships

Machine Learning / NLP / NLG

Cognitive Intelligence

Robotic Process Automation

Smart WorkflowAutomation & AI Others

Cloud IoT Big Data Analytics

Digital Interactive

14

Gaining Leadership in Digital

3Q18 Digital Revenue: 22.1%, growing at 39.6% YoY

Partnering 55% of Clients in their Digital Journey

Signed largest ever Digital deal till date of $50 Mn+

Digital Services (4)Big Data & Analytics(5)IoT (5) Mobility (3)

Leadership Rankings in 21 competitive assessments in Digital areas (FY17)

Cloud (1)Digital Marketing (2) Cyber Security(1)

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Longer Term Growth Strategy

Customer Centric Model

Relationship Orientation

Innovation focus and IP

Deep domain expertise

Contextual knowledge

Agile, Global Delivery

Full Services Capability

Differentiated, bespoke solutions

Time to Market

Greater predictability

Superior Outcomes

More Repeat Business

Enduring relationships

Wider footprint

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Going Deeper, Casting Wider

…….BU 1 BU 2 BU 3 BU 4 BU 23 BU 24

Digital Transformation Services

Cognitive Business Operations

Consulting & Service Integration

Digital InteractiveEnterprise AppsCloud & Cloud Apps

IoT, Analytics & InsightsIntelligent AutomationCyber Security

Business Process Services IT Infrastructure Services

No

rth

Am

eri

caU

K &

Eu

rop

eA

PAC

& In

dia

MEA

& L

atA

m

New Industry Vericals

New Service Offerings

New Clients, New Markets

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Going Deeper, Casting Wider: A Case Study

Large Retail Client in UK

19

3

1435

43

84

99

190

FY12 FY17

Large Client Metrics

US$ 20 Mn+

US$ 50 Mn+

US$ 100 Mn+

Going Deeper, Casting Wider: Business Outcomes

8

9

FY 11 FY 16

Rev in USD Bn

3

4 New clients

New services

Same clients, same services

20

42,630

51,896

FY12 FY12-17

Revenue per capita ($ cc)

Going Deeper, Casting Wider: Financial Outcomes

9,319

11,394

FY12 FY12-17

Net Income per capita ($)

21

Cash Flow

$1,117

$3,732

FY12 FY17

Free Cash Flow USD Mn

68.9%

102.7%

FY12 FY17

Cash ConversionOCF to Net Income

2.6%

5.6%

FY12 FY17

Free Cash Flow/Enterprise Value

22

Strong Capital Allocation

Average Payout FY14-FY18 YTD :

80%

23

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

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Annexure

Latest Earnings’ Financial Highlights

USD Mn

Yearly Quarterly

FY17 FY16 YoY 3Q18 3Q17 YoY

Revenue - CC $17,918 $16,545 8.3% $4,659 $4,387 6.2%

Revenue - ` Mn 1,179,660 1,086,462 8.6% 309,040 297,350 3.9%

Revenue - USD $17,576 $16,545 6.2% $4,787 $4,387 9.1%

Gross Profit $7,611 $7,271 4.7% $2,020 $1,897 1.7%

Gross Margin 43.3% 43.9% (64 bps) 42.2% 43.2% (100 bps)

Operating Income $4,518 $4,385 3.0% $1,205 $1,141 5.6%

Operating Margin 25.7% 26.5% (80 bps) 25.2% 26.0% (80 bps)

Net Income $3,917 $3,687 6.2% $1,012 $1,000 1.2%

Net Margin 22.3% 22.3% (0 bps) 21.1% 22.9% (180 bps)

EPS in ` 133.41 123.17 8.3% 34.12 34.40 (0.8)%

IFRS

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