This study provides a comprehensive examination of Tata Consultancy Services (TCS) Limited's financial condition through financial ratio analysis, concentrating on liquidity, leverage, activity, and profitability from 2014 to 2024. Financial ratios are critical instruments for measuring a company's economic stability, and their application in evaluating TCS's position illuminates the firm's strategic financial management and stability (Kondguli & S.G., 2020). TCS, a leading IT services firm under the Tata Group, operates internationally in 46 countries and became publicly traded in 2004. The primary objectives of this research are to evaluate TCS's liquidity position, its capacity to handle liabilities, operational efficiency, and profitability throughout the decade under examination. The analysis was mostly based on data from TCS's annual reports available on the Bombay Stock Exchange (BSE) website, supplemented by secondary sources such as BSEindia.com, Google, and SlideShare. This examination offers a fundamental comprehension of TCS's financial status, illustrating the efficacy of financial ratios in evaluating and enhancing financial strategy.

The findings demonstrate a continually advantageous liquidity status for TCS, as evidenced by both the current and quick ratios, with the peak current ratio of 5.53:1 recorded in 2016-17. This role highlights TCS's strong ability to meet short-term liabilities without depending on inventory. TCS also sustained a low debt-to-asset ratio, underscoring its limited dependence on debt and effective financial risk management strategy. The company's little financial leverage increases its attractiveness to creditors, indicating a robust owner's equity capable of absorbing any losses. Moreover, the elevated capital turnover and working capital turnover ratios demonstrate that TCS has efficiently leveraged its resources to enhance revenue growth and reduce holding expenses. The company's elevated profitability ratios indicate robust net and operating profit margins, facilitating reinvestment and value enhancement for shareholders.

This study emphasizes the significance of ratio analysis in pinpointing areas for enhancement and establishing a foundation for improved financial management techniques. The findings underscore TCS's strategic methodology in resource allocation and financial risk mitigation, indicating a route for maintaining enduring development and stability. TCS can leverage its robust financial base to enhance its competitive edge in the global IT services sector by prioritizing sustainability, digital transformation, and market expansion as the business landscape evolves.