TATACOMM · NSE

Tata Communications Limited

₹1,780.1

-0.64% (-₹11.5)

Prev. close

₹1,791.6

Volume

7,13,124

Delivery %

61.6%

As of

18 Sept 2026

Price history

Bullish

ETMarkets Analysis · ETMarkets.com · 23 Aug 2026

Consensus estimates from market analysts, compiled by Trendlyne, indicate a 'BUY' rating for Tata Communications, projecting a 27% upside over the next 12 months from its current trading price of Rs 1,655.4 to a target price of Rs 2,109.

Published mid-session at 11:32 IST. Tracking counts only prices printed after publication — the chart's dashed divider marks that moment; earlier prices never count toward entry or results.

Target ₹2,109PENDINGCall pageClear
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ETMarkets Analysis's call · 23 Aug 2026

Analyst sentiment

Analysts lean bullish

1 analyst stance · last 90 days · one per analyst

Trackable

1 · 1 bull / 0 neutral / 0 bear

Long-Horizon

none in window

Commentary

none in window

Trackable = verdict-bearing calls · Long-Horizon = 1yr+ horizon, verdict pending · Commentary = context, not graded

Bullish 100% (1)Neutral 0% (0)Bearish 0% (0)
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Analyst opinions

CallAnalystInstrumentVerdictActions
Consensus estimates from market analysts, compiled by Trendlyne, indicate a 'BUY' rating for Tata Communications, projec…ETMarkets AnalysisETMarkets.comTata CommunicationsPENDING
Consensus estimates from market analysts, compiled by Trendlyne, indicate a 'BUY' rating for Tata Communications, projecting a 27% upside over the next 12 months from its current trading price of Rs 1,655.4 to a target price of Rs 2,109.
Rating & targetTarget ₹2,109Track opinion →

This call hasn't reached its evaluation window yet — the verdict will appear here once it's graded.

Fundamentals

About Tata Communications Limited

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.

Details

Sector

Communication Services

Industry

Telecom Services

CEO

Mr. Ganapathi S. Lakshminarayanan

Headquarters

Mumbai

Employees

6,046

Key stats

Market cap

₹50,517.17 Cr

P/E ratio (TTM)

53.5

Dividend yield

0.97%

EPS (TTM)

₹33.11

Beta (1Y · daily vs NIFTY 50)

0.93

Beta (5Y · monthly vs NIFTY 50)

1.68

Shares float

15.25 Cr

EPS · quarter ended Jun 2026

₹4.70

Upcoming earnings

14 Oct 2026

Financial Performance

01 · Financials

0 Cr10000 Cr20000 Cr30000 Cr-10%0%10%20%FY21FY22FY23FY24FY25FY26
RevenueNet incomeEBITDARevenue growth YoY

FY21 growth needs FY20 filings, which the data source doesn't provide.

02 · Earnings Per Share (EPS)

0255075FY21FY22FY23FY24FY25FY26

03 · Dividend Profile

0102030-200%0%200%400%20 Aug 2017 Jun 2110 Jun 2226 Jun 2301 Jul 2419 Jun 2519 Jun 26
Dividend (₹/share)Annualised yieldAnnual dividend growth (FY)

Growth compares completed fiscal-year dividend totals on the company's own calendar: April–March (Indian FY), taken from its reported period-ends. Payout ledger: NSE corporate actions.

04 · Operating Efficiency (Growth Rates)

Balance-sheet-based · pre-FY23 not filed in verifiable form

-50%0%50%100%FY21FY22FY23FY24FY25FY26
SalesFixed assetsTrade receivablesInventory

05 · Capital Structure & Asset Utilization

Pre-FY23 not filed in verifiable form

0 Cr10000 Cr20000 Cr30000 Cr2.5×7.5×FY23FY24FY25FY26
Total assetsTotal debtDebt / equityAsset turnover

Asset turnover needs a prior year of assets — omitted for the earliest available year.

06 · Asset Base Composition

Pre-FY23 not filed in verifiable form

0 Cr10000 Cr20000 Cr30000 CrFY21FY22FY23FY24FY25FY26
Fixed assetsCurrent assetsOther assets

07 · Debt Level & Coverage

Pre-FY23 not filed in verifiable form

0 Cr5000 Cr10000 Cr15000 CrFY21FY22FY23FY24FY25FY26
DebtFree cash flowCash & equivalents

08 · Profit & Loss

Annual

Line itemFY21FY22FY23FY24FY25FY26
₹17,100.10 Cr₹16,724.73 Cr₹17,838.26 Cr₹20,968.82 Cr₹23,108.59 Cr₹24,802.72 Cr
EBITDA₹4,342.62 Cr₹4,564.77 Cr₹4,757.73 Cr₹4,417.98 Cr₹5,427.02 Cr₹5,026.23 Cr
₹1,250.63 Cr₹1,481.76 Cr₹1,795.96 Cr₹968.34 Cr₹1,836.36 Cr₹1,001.57 Cr
Diluted EPS₹43.88₹51.99₹63.02₹33.97₹64.39₹35.09

09 · Balance Sheet

Annual

Line itemFY21FY22FY23FY24FY25FY26
₹20,552.62 Cr₹24,561.34 Cr₹26,584.58 Cr₹28,403.94 Cr
₹8,576.64 Cr₹11,263.17 Cr₹12,357.32 Cr₹12,248.90 Cr
Stockholders' equity₹1,518.26 Cr₹1,786.42 Cr₹3,021.17 Cr₹3,447.04 Cr

Total assets, Current assets, Inventory, Trade receivables, Cash & equivalents, Non-current assets, Fixed assets, CWIP, Others, Total debt, Long-term debt, Current (short-term) debt, Stockholders' equity have filed figures for only some of the years shown — no further verified source covers the rest, so those years are left blank rather than estimated.

Annual only — the data source doesn’t publish quarterly balance-sheet detail for most NSE-listed companies.

10 · Cash Flow Statement

Annual

Line itemFY21FY22FY23FY24FY25FY26
₹3,179.83 Cr₹4,203.82 Cr₹4,384.35 Cr₹3,182.00 Cr₹2,910.81 Cr₹4,479.10 Cr
Investing cash flow₹-2,004.60 Cr₹-894.97 Cr₹-1,841.63 Cr₹-2,643.97 Cr₹-2,178.77 Cr₹-1,459.93 Cr
₹-1,204.77 Cr₹-3,431.23 Cr₹-2,240.80 Cr₹-812.95 Cr₹-935.63 Cr₹-2,936.58 Cr
Capital expenditure₹-1,363.63 Cr₹-1,656.44 Cr₹-1,493.14 Cr₹-2,082.34 Cr₹-2,205.59 Cr₹-2,433.18 Cr
End cash position₹817.85 Cr₹696.86 Cr₹1,004.48 Cr₹732.05 Cr₹534.02 Cr₹641.96 Cr

Debt issued, Debt repaid have filed figures for only some of the years shown — no further verified source covers the rest, so those years are left blank rather than estimated.

Annual only — the data source has no quarterly cash-flow-statement coverage.

11 · Shareholding Pattern

NSE, quarterly

Line itemSep 21Jun 26(20Q)
Promoter58.86%
Public41.14%
Employee trusts0.00%

Source: NSE quarterly shareholding-pattern filings, collapsed to periods where the reported percentages held steady — a column spanning several quarters means no change was filed across them. No FII/DII sub-split available from this source — Public includes all non-promoter, non-employee-trust holders.

12 · Peer Comparison

Communication Services

Company
Bharti Airtel Limited₹11.45 L Cr₹1,893.338.37.6817.9%1.31+22.0%-2.5%
Vodafone Idea Limited₹1.62 L Cr₹14.974.3+3.1%+83.9%
Indus Towers Limited₹99,053.33 Cr₹381.3514.02.5018.0%0.53+7.9%+7.6%
Info Edge (India) Limited₹81,938.81 Cr₹1,251.251.42.163.8%0.01+15.3%-9.6%
Bharti Hexacom Limited₹73,965.00 Cr₹1,481.140.610.3224.2%0.82+9.4%-14.2%
Tata Communications Limited₹51,013.22 Cr₹1,791.652.314.8029.1%3.55+7.8%+5.8%
Prime Focus Limited₹24,955.81 Cr₹334.95228.911.9510.5%2.74+29.7%+78.4%
Affle 3i Limited₹21,603.66 Cr₹1,545.645.45.9212.5%0.00+19.6%-28.0%
Sun TV Network Limited₹18,458.92 Cr₹451.712.11.4611.4%0.01+7.8%-19.3%
Nazara Technologies Limited₹13,947.15 Cr₹369.3515.74.022.8%0.06+12.6%-66.6%
PVR INOX Limited₹12,497.91 Cr₹1,324.744.71.694.5%0.92+16.8%+17.5%
Saregama India Limited₹9,597.97 Cr₹489.2543.45.6712.2%0.04-18.2%-0.9%

Ranked by market cap within Communication Services, same metrics as the Fundamentals screener. Click a column to sort.

Documents

Annual reports

Show all 30

Official documents linked from their sources — offer documents as filed with SEBI (sebi.gov.in), annual reports and earnings-call transcripts as published on BSE (bseindia.com) and NSE (nseindia.com). Links open the source's own hosting; nothing is re-hosted here.

Index membership

37 indices

NSE weights are a free-float market-cap-share estimate, not NSE’s own published (and sometimes capped) index weight. BSE weights are BSE’s own published index weight, not an estimate. Indices without weight data are listed without one, in alphabetical order after the weighted ones.

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