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Tata Communications Limited TATACOMM NIFTY_MIDNSEAI

Communication Services · Telecom Services · India
https://www.tatacommunications.com
Company Profile ↓
₹1,853.60
+6.68% 1Y
Mkt Cap₹52,827.60 Cr
P/E52.82
P/B15.17
Div. Yield0.94%
52W High₹2,061.70
52W Low₹1,335.75
Book Value₹120.95
EPS (TTM)₹35.09

Company Overview

Tata Communications Limited operates as a communications technology company worldwide. It offers voice and data transmission services, internet connectivity services, and other value-added services, such as unified conferencing and collaboration services, managed hosting, mobile global roaming and signaling services, transponder lease, television uplinking and other managed services, data center colocation services, network management and support, and other related services. The company also provides IZO, a self-healing network for interconnection between data centre; IZO+, a multi cloud network; Vayu Cloud, an enterprise sovereign cloud platform, which integrates infrastructure, AI, data, and security; AI Studio, an end-to-end platform to discover, build, deploy, and scale AI workloads; and ThreadSpan, an AI-powered control platform for observability, automated configuration, and closed-loop automation. In addition, it offers TC, a single-pane-of-glass view and control in network, cloud, and cybersecurity environments; Kaleyra AI platforms for conversational AI, omnichannel engagement and hyper-personalized experiences; cybersecurity products, including managed detection and response, cloud security, advanced network security, security assessment and consulting services, OT security, SD-WAN, security service edge, hosted and managed SASE, and edge distribution platform. Further, the company provides move, an IoT product; TX Hub, an AI powered and no-code platform for customer and agent experience; and Kaleyra.ai, a CX platform for data, automation, and engagement. Additionally, it is involved in the sale and leasing of bandwidth on undersea cable systems; leasing, letting out, licensing, or developing immovable properties. The company was formerly known as Videsh Sanchar Nigam Limited and changed its name to Tata Communications Limited in 2008. Tata Communications Limited was incorporated in 1986 and is based in Mumbai, India.

Why Investors Should Care

Strong Return on Equity

Generates a return on equity of 29.1%, reflecting efficient use of shareholder capital.

Healthy Capital Returns

Return on capital employed stands at 15.3%.

Steady Revenue Expansion

Revenue has grown at a 11.6% CAGR over the past five years.

Positive Free Cash Flow

Generates positive free cash flow, funding growth and shareholder returns internally.

Recent Developments

  • Mar 2026 Revenue of ₹24,783.07 Cr (+7.8% YoY); net profit ₹1,001.57 Cr.
  • Trailing 12 Months Year-on-year growth — revenue +7.8%, earnings -45.5%.
  • 5-Year Trend Long-term compounding — revenue CAGR 11.6%, profit CAGR -17.7%.

Growth & Price Performance

Compounded Sales Growth

5 Years:11.58%
1 Year:7.81%

Compounded Profit Growth

5 Years:-17.69%
1 Year:-45.46%

Stock Price Performance

1 Year:+6.68%
6 Months:+7.39%
3 Months:+19.79%
1 Month:-3.28%

Highlights auto-generated from reported financials and price data; not investment advice. Verify with official filings before acting.

AI Exposure AI Telecom / AI Cloud & Connectivity
Core Focus

Tata Communications operates global cloud + connectivity with AI services — SD-WAN AI, AI-driven NetFoundry, and partnership with Microsoft/NVIDIA for AI cloud.

Key Initiatives
  • AI-ready global network & cloud Tata Communications offers AI-enabled connectivity, cloud and security services over one of the world's largest subsea/network footprints.
  • AI in enterprise digital platforms Machine-learning powers its IoT, CPaaS (Kaleyra) and customer-engagement platforms for global enterprises.
  • AI-ready data centres & edge Edge and interconnect assets position Tata Communications to support enterprise-AI traffic and deployment.
Why Investors Should Care
  • AI-enabled digital platforms layer growth onto a global network backbone.
  • Strong cash generation and high ROE (~34%, debt-aided) with a digital-mix shift underway.
  • Kaleyra/CPaaS and IoT add AI-rich, higher-growth revenue.
  • Legacy voice decline and integration risk weigh; P/E ~51 prices in the digital pivot.
AI InvestmentCapex ~$200-300M annually for digital platforms and data centres.
AI RevenueRevenue ~₹22,000 Cr; digital services >50% of mix and growing.
ROI (Now)EBITDA margin ~18-20%. Stable growth in digital, declining in voice.
ROI (Expected)AI cloud + global SD-WAN expected to drive sustained mid-teens digital growth.

Curated from public filings and analyst commentary; figures are illustrative.

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Price Chart

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Fundamental Growth Charts

Interactive charts for Revenue, Net Income, EBITDA, Free Cash Flow, EPS, ROE, ROCE, Gross/Net/Operating Margin and more — switch metric and period using the dropdowns above. CAGR is computed across the displayed window (quarterly CAGR is annualised). Visual growth charts make it easy to spot multi-year compounding trends at a glance — far faster than reading raw numbers in a table.

PROS

  • Strong return on equity of 29.1%.
  • Compounding revenue at 11.6% over 5 years.
  • Generates positive free cash flow.
  • In a confirmed uptrend (50-DMA above 200-DMA).

CONS

  • Trading at a high P/E of 52.8.
  • Earnings shrank at -17.7% CAGR over 5 years.

* The pros and cons are auto-generated from financial metrics.

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Valuation

Stock P/E
52.82
Industry PE
24.46
Forward P/E
23.42
PEG Ratio
-
Book Value
₹120.95
Price to Book
15.17
P/S
2.11
EV/EBITDA
15.49
Dividend Yield
0.94%

Growth (CAGR)

Revenue 5Y
11.58%
Profit 5Y
-17.69%
Revenue (YoY)
7.81%
Earnings (YoY)
-45.46%

Profitability & Returns

ROCE
15.29%
ROE
29.06%
ROA
3.53%
Profit Margin
4.04%
Op Margin
8.29%
Gross Margin
54.14%
EPS (Latest Qtr)
₹9.22
EPS (TTM)
₹35.09

Balance Sheet & Liquidity

Debt/Equity
3.55
Quick Ratio
0.48
Current Ratio
0.49
Debt
₹12,248.90 Cr
Total Assets
₹28,403.94 Cr
Current Assets
₹6,862.91 Cr
Working Capital
₹-7,155.10 Cr

Ownership

Promoter Holding
60.48%
Chg in Prom Hold
-0.00%
FII / Inst Holding
24.66%
Chg in FII Hold
-0.33%

Financial Snapshot

Enterprise Value
₹52,827.60 Cr
Total Revenue (TTM)
₹24,783.07 Cr
EBITDA
₹5,026.23 Cr
Free Cash Flow
₹2,045.92 Cr
Operating Cash Flow
₹4,479.10 Cr
Shares Outstanding
₹28.50 Cr
Gross Margin
54.14%
Payout Ratio
68.36%

Peer comparison

Peer companies in the same sector (Communication Services).

#NameCMP ₹P/E Mkt CapDiv Yld % ROCE %ROE % Rev CAGR 5Y %Profit CAGR 5Y %
1 TATACOMM Tata Communications Limited NIFTY_MIDNSEAI 1,853.60 52.82 ₹52,827.60 Cr 0.94% 15.29% 29.06% 11.58% -17.69%
2 BHARTIARTL Bharti Airtel Limited NIFTY50NSEAI 1,936.30 43.64 ₹11.80 L Cr 1.25% 17.67% 17.91% 14.88% 47.34%
3 IDEA Vodafone Idea Limited NIFTY_MIDNSE 13.98 -3.49 ₹1.51 L Cr 0.00% 36.88% -96.63% 2.05% 72.64%
4 INDUSTOWER Indus Towers Limited NIFTY_MIDNSE 404.50 10.84 ₹1.07 L Cr 0.00% 18.44% 18.02% 4.61% 51.86%
5 BHARTIHEXA BHARTI HEXACOM LIMITED NIFTY_MIDNSE 1,627.00 54.47 ₹81,350.00 Cr 0.62% 21.84% 24.19% 12.45% 46.68%
6 NAUKRI Info Edge (India) Limited NIFTY_MIDNSEAITECH 1,196.35 80.67 ₹77,573.80 Cr 1.20% 4.71% 3.82% 11.88% 483.26%
7 AFFLE Affle 3i Limited NIFTY_SMALLNSEAI 1,515.80 55.75 ₹21,336.00 Cr 0.00% 15.30% 12.45% 23.64% 22.97%
8 PFOCUS Prime Focus Limited NSE 270.50 -21.52 ₹20,990.54 Cr 0.00% 24.91% 10.47% -0.29% 14.09%
9 SUNTV Sun TV Network Limited NIFTY_SMALLNSE 497.05 13.60 ₹19,587.98 Cr 1.00% 15.31% 11.39% 4.74% -5.51%
Financial Statements Quarterly Results · Profit & Loss · Balance Sheet · Cash Flows · Ratios

Quarterly Results

Figures in INR.

Metric Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Revenue 4,569.00 Cr4,771.00 Cr4,872.00 Cr5,588.00 Cr5,645.00 Cr5,592.00 Cr-5,798.07 Cr5,990.35 Cr5,959.85 Cr6,100.00 Cr6,188.97 Cr6,554.15 Cr
Cost of Revenue -------2,513.40 Cr2,712.47 Cr2,729.07 Cr-2,836.31 Cr3,081.10 Cr
Gross Profit -------3,284.67 Cr3,277.88 Cr3,230.78 Cr-3,352.66 Cr3,473.05 Cr
Operating Expenses 3,534.00 Cr3,747.00 Cr3,857.00 Cr4,435.00 Cr4,569.00 Cr4,456.00 Cr-2,740.86 Cr2,828.29 Cr2,759.66 Cr4,926.00 Cr2,875.84 Cr2,920.11 Cr
Operating Income 416.00 Cr444.00 Cr410.00 Cr550.00 Cr425.00 Cr503.00 Cr-543.81 Cr449.59 Cr471.12 Cr495.00 Cr476.82 Cr552.94 Cr
EBITDA 1,034.00 Cr1,024.00 Cr1,015.00 Cr1,153.00 Cr1,076.00 Cr1,137.00 Cr-1,194.75 Cr1,768.67 Cr1,133.47 Cr1,174.00 Cr1,410.61 Cr1,346.77 Cr
Interest Expense 132.00 Cr131.00 Cr137.00 Cr184.00 Cr186.00 Cr170.00 Cr-186.89 Cr182.44 Cr176.53 Cr202.00 Cr201.42 Cr181.69 Cr
Pretax Income 345.00 Cr504.00 Cr298.00 Cr154.00 Cr207.00 Cr417.00 Cr-370.72 Cr913.74 Cr291.25 Cr255.00 Cr457.91 Cr434.09 Cr
Tax Provision 27.60 Cr131.04 Cr77.48 Cr113.96 Cr-107.64 Cr87.57 Cr-126.19 Cr175.89 Cr65.43 Cr81.60 Cr100.79 Cr183.27 Cr
Net Income 327.00 Cr382.00 Cr221.00 Cr45.00 Cr322.00 Cr333.00 Cr-235.96 Cr1,040.34 Cr189.98 Cr183.00 Cr365.28 Cr263.25 Cr
Diluted EPS 11.4413.397.741.5711.2711.68-8.2736.456.666.4212.809.22

Profit & Loss (Annual)

Figures in INR.

Metric Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Revenue 19,913.00 Cr18,149.00 Cr17,620.00 Cr16,772.00 Cr16,525.00 Cr17,068.00 Cr17,100.00 Cr-17,838.26 Cr20,784.68 Cr22,988.66 Cr24,783.07 Cr
Cost of Revenue --------6,376.47 Cr8,081.54 Cr10,051.89 Cr11,366.33 Cr
Gross Profit --------11,461.79 Cr12,703.14 Cr12,936.77 Cr13,416.74 Cr
Operating Expenses 16,919.00 Cr15,714.00 Cr15,214.00 Cr14,359.00 Cr13,780.00 Cr13,779.00 Cr12,840.00 Cr-9,359.05 Cr10,729.09 Cr10,841.99 Cr11,363.23 Cr
Operating Income 833.00 Cr570.00 Cr540.00 Cr506.00 Cr677.00 Cr931.00 Cr1,947.00 Cr-2,102.74 Cr1,974.05 Cr2,094.78 Cr2,053.51 Cr
EBITDA 2,994.00 Cr2,434.00 Cr2,406.00 Cr2,412.00 Cr2,745.00 Cr3,289.00 Cr4,261.00 Cr-4,757.73 Cr4,417.98 Cr5,427.02 Cr5,026.23 Cr
Interest Expense 751.00 Cr409.00 Cr367.00 Cr344.00 Cr397.00 Cr471.00 Cr420.00 Cr-432.46 Cr630.09 Cr729.06 Cr761.60 Cr
Pretax Income 373.00 Cr243.00 Cr1,467.00 Cr46.00 Cr343.00 Cr140.00 Cr1,609.00 Cr-2,063.46 Cr1,318.22 Cr2,069.64 Cr1,437.89 Cr
Tax Provision 369.27 Cr233.28 Cr234.72 Cr357.88 Cr274.40 Cr226.80 Cr353.98 Cr-296.62 Cr213.50 Cr486.49 Cr431.62 Cr
Net Income 3.00 Cr10.00 Cr1,235.00 Cr-326.00 Cr-80.00 Cr-85.00 Cr1,252.00 Cr-1,795.96 Cr968.34 Cr1,836.36 Cr1,001.57 Cr
Diluted EPS 0.050.3043.26-11.53-2.89-3.0243.88-63.0133.9664.3535.09

Balance Sheet (Annual)

Figures in INR.

Metric Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Total Assets 24,195.00 Cr25,098.00 Cr21,033.00 Cr19,557.00 Cr19,951.00 Cr22,131.00 Cr21,306.00 Cr-20,552.62 Cr24,561.34 Cr26,584.58 Cr28,403.94 Cr
Current Assets --------5,810.99 Cr5,998.93 Cr7,238.68 Cr6,862.91 Cr
Cash & Equivalents --------1,004.48 Cr732.05 Cr533.90 Cr641.96 Cr
Inventory --------160.00 Cr83.54 Cr157.84 Cr100.36 Cr
Receivables --------2,734.99 Cr3,758.36 Cr4,006.10 Cr4,171.10 Cr
Total Liabilities --------19,004.02 Cr22,771.05 Cr23,560.30 Cr24,752.84 Cr
Current Liabilities --------9,785.94 Cr13,670.65 Cr12,503.91 Cr14,018.01 Cr
Long Term Debt --------5,008.58 Cr4,745.73 Cr6,996.71 Cr6,169.64 Cr
Total Debt 13,076.00 Cr14,231.00 Cr9,214.00 Cr8,927.00 Cr9,935.00 Cr12,413.00 Cr11,394.00 Cr-8,576.64 Cr11,263.17 Cr12,357.32 Cr12,248.90 Cr
Total Equity 321.00 Cr-363.00 Cr1,592.00 Cr499.00 Cr-182.00 Cr-1,278.00 Cr115.00 Cr-1,518.26 Cr1,786.41 Cr3,021.17 Cr3,447.04 Cr
Shares Outstanding --------28.50 Cr28.50 Cr28.50 Cr28.50 Cr

Cash Flows (Annual)

Figures in INR.

Metric Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Operating Cash Flow 3,028.00 Cr2,363.00 Cr2,394.00 Cr1,713.00 Cr1,844.00 Cr2,525.00 Cr3,180.00 Cr-4,384.35 Cr3,182.00 Cr2,910.81 Cr4,479.10 Cr
Investing Cash Flow -1,908.00 Cr-2,313.00 Cr940.00 Cr-500.00 Cr-2,284.00 Cr-1,521.00 Cr-2,007.00 Cr--1,841.63 Cr-2,643.97 Cr-2,178.77 Cr-1,459.93 Cr
Financing Cash Flow -1,388.00 Cr-9.00 Cr-3,276.00 Cr-959.00 Cr-28.00 Cr-942.00 Cr-1,205.00 Cr--2,240.80 Cr-812.95 Cr-935.63 Cr-2,936.58 Cr
Capital Expenditure -1,771.00 Cr-2,029.00 Cr-1,796.00 Cr-1,611.00 Cr-1,738.00 Cr-1,681.00 Cr-1,352.00 Cr--1,493.14 Cr-2,082.34 Cr-2,205.59 Cr-2,433.18 Cr
Free Cash Flow 1,257.00 Cr334.00 Cr598.00 Cr102.00 Cr106.00 Cr844.00 Cr1,828.00 Cr-2,891.21 Cr1,099.66 Cr705.22 Cr2,045.92 Cr
Net Change in Cash -268.00 Cr41.00 Cr58.00 Cr254.00 Cr-467.00 Cr61.00 Cr-32.00 Cr-301.92 Cr-274.92 Cr-203.59 Cr82.59 Cr

Ratios (Annual)

Figures in %.

Metric Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Gross Margin % --------64.3%61.1%56.3%54.1%
Operating Margin % 4.2%3.1%3.1%3.0%4.1%5.5%11.4%-11.8%9.5%9.1%8.3%
Net Margin % 0.0%0.1%7.0%-1.9%-0.5%-0.5%7.3%-10.1%4.7%8.0%4.0%
ROE % 0.9%-2.8%77.6%-65.3%44.0%6.7%1,088.7%-118.3%54.2%60.8%29.1%
ROCE % --------19.5%18.1%14.9%14.3%

Shareholding Pattern

Insiders
60.48%
Institutions
24.66%
Public Float
62.40%

Analyst View

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Latest News

Recent headlines for TATACOMM

Google News Sat, 07 Feb 2026

Tata Communications Limited's (NSE:TATACOMM) Share Price Could Signal Some Risk - simplywall.st

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Google News Wed, 15 Oct 2025

Tata Comm rallies 7%, nears record high; what's driving Tata group stock? - Business Standard

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Google News hu, 25 Jun 2026

TATACOMM Outlook for the Week (July 06, 2026 – July 10, 2026) - Equitypandit

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Google News Fri, 19 Jun 2026

Tata Communications Limited Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now - simplywall.st

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Google News Sat, 03 Jan 2026

Tata Communications Ltd. Share Price Today - Tata Communications Ltd. Stock Price Live NSE/BSE - CNBC TV18

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Google News hu, 22 Jan 2026

Tata Comm Q3: Data strength lifts margins, but analysts split on re-rating - Business Standard

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TATACOMM — Frequently Asked Questions

What is the current share price of Tata Communications Limited (TATACOMM)?

As of 2026-07-15 09:52 IST, Tata Communications Limited (TATACOMM) trades at ₹1,853.60 on NSE. Its 52-week range is ₹1,335.75 to ₹2,061.70.

What is the market capitalisation of TATACOMM?

Tata Communications Limited (TATACOMM) has a market capitalisation of ₹52,827.60 Cr on NSE.

What is the P/E ratio of TATACOMM?

TATACOMM trades at a trailing price-to-earnings (P/E) ratio of 52.82. The industry average P/E is 24.46. Its price-to-book (P/B) ratio is 15.17.

Does TATACOMM pay a dividend?

Tata Communications Limited (TATACOMM) currently offers a dividend yield of 0.94%.

What is the return on equity (ROE) of TATACOMM?

TATACOMM has a return on equity (ROE) of 29.06%. Its return on capital employed (ROCE) is 15.29%.

Is TATACOMM a good stock to buy?

This page provides a data-driven analysis of Tata Communications Limited (TATACOMM), including valuation ratios, profitability, growth trends, auto-generated pros and cons, peer comparison and AI exposure. Review these fundamentals alongside your own research and risk tolerance. This is informational content, not investment advice.

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