NEW DELHI: India has just got its first IT company with $100 billion market-capitalisation as, TCS , the crown jewel of Tata Group, zoomed past the magic number in morning trade on Monday.The latest spike in TCS shares has been driven by its March quarter earnings, in which the company reported a 5.71 per cent sequential growth in consolidated net profit at Rs 6,904 crore.The $100 billion market-cap catapults TCS to an elite club. World over, there are only 63 other companies in this league, including the likes of Amazon and Facebook The figure equals the GDP of as many as 128 countries the world over, is bigger than the total market capitalisation of all the stocks listed on Pakistan Stock Exchange and almost one-third of India’s total Budget expenditure for FY19.The following can give you a good perspective of what TCS has just achieved.The 100-billion mark is special given there are 128 countries in the world, whose GDP as of 2017 estimates is less than $100 billion. The list includes countries such as Sri Lanka, Ecuador, Slovakia, Kenya, Luxembourg, Costa Rica, Bulgaria, Belarus and Jordan among others. There are just 64-65 countries as per various estimates with over $100 billion GDP.Yes, at dollar-Pakistani rupee exchange rate of 116.04 , the 559 stocks listed on Pakistan Stock Exchange amounted to $80 billion (or 9,32,5,89 crore Pakistani rupee) as of April 19. TCS’ $100 billion market value is 25 per cent higher than PSE stocks combined!TCS is the only 64th company in the world with market value of $100 billion or above. Apple is the most valued firm on the earth with mcap of $840 billion. Bill Gates' Microsoft enjoys m-cap of $731 billion. FANG stocks, Facebook enjoys a m-cap of $482 billion, Amazon 740.79 billion and Netflix $142 billion and Alphabet (Google) $746.03 billion. IBM's m-cap is at 133 billion.TCS m-cap at Rs 6.7 lakh crore is nearly 27 per cent of total expenditure of Rs 24.42 lakh crore estimated by the government for the ongoing financial year. During his Budget speech, the FM jaitley had said that the Budget reflects the government’s firm commitment to substantially boost investment in Agriculture, social sector, Digital Payments, Infrastructure and Employment Generation while simultaneously sticking to the path of fiscal rectitude.'TCS' m-cap is equal to defence budgets of India and Japan combined. India overtook the UK as the fifth-largest defence spender in the world in 2017 at $52.5 billion, up from $51.1 billion in 2016, according to the 'Military Balance 2018' report by the International Institute for Strategic Studies (IISS). Japan's military on the other hand, has approved $45 billion in defence budget for FY19.TCS' m-cap at $100 billion is roughly one-fourth of India's $426 billion forex reserves as of April 13.A total of 30 listed stocks from Tata Group have a combined market value of Rs 10.79 lakh crore as of Friday’s closing. At Rs 6.7 lakh crore, TCS alone holds 62 per cent of the group's total market value.The most valued firm in India accounts for 4.43 per cent of BSE's total m-cap, that is Rs 151 lakh crore as of Monday. TCS' nearest competitor RIL needs to rally 13 per cent to become the most valued firm. At present, RIL has m-cap of Rs 5.94 crore, which is over Rs 70,000 crore less than that of TCS.Market capitalisation of the IT giant has risen from Rs 47,232 crore to a mammoth Rs 6.78 lakh crore in 14 years of its listing - the highest among all Indian listed companies. The IT major was listed on August 25, 2004, and if an investor had invested Rs 10,000 in TCS at that point, s/he would have made over Rs 1.40 lakh (ex-dividend) by now. The company made a total dividend payout of Rs 321/share since listing, ET Now reported. The IT stock has delivered 22.4 per cent return annually against up to 21 per cent return by peers Infosys (17 per cent), Wipro (11 per cent) and HCL Tech (21 per cent).At just over $101 billion in market value, TCS' m-cap is within striking distance of Accenture's $102 billion. TCS is trading at par with Accenture on the valuation front (versus 18 per cent discount to Accenture trade three months ago), Prabhudas Lilladher said in a note.