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TATACOMM · NSE · Telecom - Cellular & Fixed line services

Tata Communications Ltd

What the numbers mean, from its filings and the exchange. Data as of 13 Oct 2026.
Mid Cap · AMFI list Jan-Jun 2026 · Vendor sector: Communication Services
fair low confidence No valuation within 120 days; P/E 49.9 vs peers 54.9 (5th of 9); P/B 3.6 vs peers 3.5 (5th of 8).
Statements through FY2026Prices adjusted for corporate actionsNot yet reviewed by the adversarial model

What is Tata Communications's share price today?

Tata Communications last traded at ₹1,661.50 on the NSE, as of 13 Oct 2026, 9:45 am IST, down 0.1% on the day, down 7.5% over a year. Its 52-week range is ₹1,322 to ₹2,110. The live price is in the app.

₹1,661.50 −0.1% today
−7.5% over 1 year · NSE, as of 13 Oct 2026, 9:45 am IST
60 month-end closes, 31 Oct 2021 to 30 Sep 2026, adjusted for splits and bonuses
52-week range43% of the way up
Low ₹1,322High ₹2,110

What is Tata Communications's market cap?

Tata Communications's market capitalisation is about ₹47,401 crore: what it would cost to buy every share at today's price. That makes it the 102nd largest mid cap company we cover.

₹47,401 Cr Mid Cap102nd largest mid cap company
Mid Cap means the companies ranked 101 to 250 by size, under SEBI's rules. Shares in issue are worked out from the market cap and the price. What market cap tells you →

Key facts

From the exchange
Symbol
NSE: TATACOMM
ISIN
INE151A01013
Cap bucket
Mid Cap, 102nd largest by market cap
Industry (NSE)
Telecommunication › Telecom - Services › Telecom - Cellular & Fixed line services
Listed since
1995
Futures and options
Not traded

Is Tata Communications overvalued?

Fair, with low confidence: no valuation within 120 days; P/E 49.9 vs peers 54.9 (5th of 9); P/B 3.6 vs peers 3.5 (5th of 8).

Valuation

Latest price and trailing 12 months
P/E 49.92
vs peers 54.9 · 5th of 9
Price divided by last year's earnings per share: how many years of today's profit you pay for. Learn more →
P/B 3.63
vs peers 3.5 · 5th of 8
Price divided by book value per share: what you pay for each rupee of net assets on the balance sheet. Learn more →
Market cap ₹47,401 Cr
Total market value of all shares, in ₹ crore. Learn more →
Dividend yield Not available
Last year's dividends as a share of today's price. Learn more →
PEG (vendor) Not available
P/E divided by the vendor's earnings growth figure, which it does not disclose; a P/E adjusted for how fast profits grow. Learn more →
PEG on our 3-year EPS growth Not available
P/E divided by the 3-year EPS growth rate from the stored accounts. Learn more →
3 models could be judged
Skipped — Fair value, EPV, Graham number, Graham value, Lynch, Owner earnings: no valuation stored

Our valuation range

🔒 Pro
Value range, implied growth at today's price, and the nine models behind it: in the app.

Is Tata Communications a quality business?

Quality score 33.1, 7th of 9 in its peer set; CAUTION on 28 of 30 flags judged.

Quality and risk

Data as of 13 Oct 2026
Business quality Not available
The kind of business, which sets the yardstick it is judged by. Learn more →
Quality score 33.1
vs peers 54.5 · 7th of 9
Returns, margins, leverage and consistency against its peers, out of 100. Learn more →
Risk level CAUTION
28 of 30 flags judged
From flags on debt, earnings quality, dilution and price swings. Learn more →

Profitability

ROE 7.5%
vs peers 11.0% · 4th of 7
Return on equity: profit as a share of shareholders' money. Learn more →
ROCE 8.4%
vs peers 13.9% · 5th of 7
Return on capital employed: operating profit as a share of all the capital in the business, debt and equity. Learn more →
Profit margin 3.7%
vs peers 9.4% · 8th of 10
Profit after everything, as a share of revenue. Learn more →
EPS ₹33.83
Trailing 12 months
Profit for each share over the last 12 months.

Scorecard

🔒 Pro
Health scores and red flags with their values and history: in the app.
See the scorecard →
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Has Tata Communications made money for shareholders?

Mixed: −7.5% over one year and +3.5% a year over five years.

Shareholder returns

1-year return −7.5%
Price only
What the share price did over the last 12 months. Learn more →
5-year return +3.5% a year
Price only
Yearly average price return over five years, bonuses and splits adjusted. Learn more →
Wealth destroyer Yes
Five-year total return — price CAGR on bonus- and split-adjusted closes plus the dividend yield — below the 7% a bank fixed deposit paid. Learn more →

Returns

3Y and 5Y are yearly averages
1W
−1.1%
1M
−4.9%
3M
−9.4%
6M
+9.9%
1Y
−7.5%
3Y
−0.1%
5Y
+3.5%

Does Tata Communications pay a dividend?

Tata Communications last paid ₹17.50 a share, ex-dividend 19 Jun 2026; nothing in the past 12 months counts toward a yield.

Dividends

Per share, by ex-dividend date
19 Jun 2026 · Final₹17.50
19 Jun 2025 · Final₹25.00
1 Jul 2024 · Final₹16.70
26 Jun 2023 · Final₹21.00
10 Jun 2022 · Final₹20.70
Payout ratio🔒 In the app
The share of profit paid out as dividends; a very high share leaves little to reinvest.
Dividend growth, 5 years🔒 In the app
How fast the dividend per share has grown a year.
Years without a miss🔒 In the app
How many years in a row a dividend has been paid.

Is Tata Communications growing?

Revenue 3 years 11.3% a year; profit 3 years -17.7% a year; revenue 5 years 8.5% a year.

Growth

Statements through FY2026 (Mar-26)
Revenue 3 years 11.3% a year
vs peers 12.5% · 6th of 10
Compound annual growth of revenue over three years. Learn more →
Profit 3 years -17.7% a year
vs peers 22.5% · 5th of 6
Compound annual growth of net profit over three years. Learn more →
Revenue 5 years 8.5% a year
Compound annual growth of revenue over five years. Learn more →
Profit 5 years -8.6% a year
Compound annual growth of net profit over five years. Learn more →
EPS 3 years -17.7% a year
Growth in earnings per share, so dilution counts against the company. Learn more →
EPS 5 years -4.3% a year
Growth in earnings per share over five years, so dilution counts against the company. Learn more →
P/E vs own history 68.2%
vs peers 98.3% · 3rd of 5
Today's P/E against its own 5-year median; negative is cheaper than its history. Learn more →

How did Tata Communications do last quarter?

Tata Communications reported revenue of ₹6,583 Cr, up 7.3% on a year earlier and a net profit of ₹125 Cr, down 46.3% in the Jun 2026 quarter.

Latest quarter

Jun 2026
Revenue, latest quarter₹6,583 Cr
+7.3% on a year earlier
What the company took in over the quarter.
Net profit, latest quarter₹125 Cr
−46.3% on a year earlier
What was left for shareholders after every cost and tax.

How does Tata Communications compare with its peers?

Compared with 9 Telecommunication (the sector, as the industry was too small); 5th of 9 on P/E; 7th of 9 on quality score.

Compared with 9 Telecommunication (the sector, as the industry was too small)

9 companies

Tata Communications against its peers

Largest 9 of 9 peers, by market cap
CompanyMarket capP/EP/BROEROCE1YQuality 🔒Rank 🔒
Tata Communications Ltd₹47,401 Cr49.93.67.5%8.4%−7.5%
Vodafone Idea Ltd₹1.4 L Cr3.8—-38.9%-1.1%+45.1%
Indus Towers Ltd₹99,103 Cr14.02.819.8%18.7%+7.4%
Bharti Hexacom Ltd₹76,065 Cr42.010.526.5%20.5%−15.0%
Sterlite Technologies Ltd₹52,133 Cr204.36.20.5%6.0%+758.4%
HFCL Ltd₹40,634 Cr67.82.25.8%9.1%+247.4%
ITI Ltd₹23,141 Cr87.615.8——−29.4%
Tejas Networks Ltd₹8,174 Cr—2.4——−22.6%
Railtel Corporation of India Ltd₹7,962 Cr23.03.516.2%19.8%−34.1%
Tata Teleservices (Maharashtra) Ltd₹6,455 Cr173.1———−42.2%
Peer median—54.93.511.0%13.9%−14.4%
Market cap in rupees crore; P/E and P/B on the latest price; 1Y is the price return over a year. A dash is a figure that does not apply or is not reported.

Full peer comparison

🔒 Pro
Every peer, every figure, the ranks and the quality and forensic scores side by side: in the app.

Who owns Tata Communications?

Tata Communications is held by promoters 58.9%, foreign institutions 13.8%, domestic institutions 19.9%.

Shareholding pattern

Latest filing, percent of shares
Promoters58.9%
The founders and controlling group.
Foreign institutions13.8%
Overseas funds investing through the FPI route.
Domestic institutions19.9%
Indian insurers, banks, pension and mutual funds together.
Mutual funds16.3%
Indian mutual fund schemes; part of domestic institutions.
Retail and others3.4%
Individual investors and everyone else.
Promoter shares pledged🔒 In the app
Promoter shares given as collateral for loans; a high share is a risk to watch.
Holding trend🔒 In the app
Whether promoters, foreign funds and mutual funds have been adding or selling over recent quarters.

What do analysts say about Tata Communications?

8 analysts cover Tata Communications, and the consensus is buy. A consensus is a count of opinions, not a forecast; read it beside the numbers.

Analyst consensus

8 analysts
ConsensusBuy
The rating most covering analysts give the share.
Average target price🔒 In the app
The mean of the analysts' 12-month price targets.
Upside to target🔒 In the app
How far the target sits above or below today's price.
Share rating it a buy🔒 In the app
The share of covering analysts with a buy rating.

What does Tata Communications do and what is it sensitive to?

Tata Communications sells a 'digital fabric' of connectivity, cloud, cybersecurity, collaboration and media solutions to enterprises and service providers, and runs payment solutions through a wholly owned subsidiary. Sensitive to: interest rates (floating-rate borrowings).

Business-model card

FY2025 · 44 verified
8Revenue
4Channels
3Regulators
4Reg. dependencies
6Sensitivities
3Costs
1Geographies

Tata Communications sells a 'digital fabric' of connectivity, cloud, cybersecurity, collaboration and media solutions to enterprises and service providers, and runs payment solutions through a wholly owned subsidiary. It earns through data-service fees and usage, minute-based voice traffic, payment-related charges and rental income from real estate.

Revenue by segment

Year ended 31 March 2025 (consolidated segment note)
DS84.1%
VS7.0%
PS5.2%
TS1.0%
RE2.8%

Revenue engine

8 verified
Data Services (DS)
Core and Nextgen Connectivity, digital platforms and connected services, including equipment ancillary to DS. Company states digital services exceed 47% of overall data revenues.
Data Services revenue recognition
Revenue is recognised over the contract period, on a contracted fee schedule or on usage. Interpretation: fixed-fee and usage-based billing both apply.
Digital services share of data revenue (47.0%)
Company states the Kaleyra and The Switch acquisitions lifted digital services to over 47% of overall data revenues.
5 more statements
Voice Solutions (VS)
International and National Long-Distance Voice services. Revenue is booked monthly on minutes of traffic carried.
Voice Solutions revenue recognition
Revenue is recognised at the end of each month based on traffic minutes carried in that month, so volume drives revenue.
Payment Solutions (PS)
Subsidiary-run line covering ATM and POS enablement, hosted core banking, financial inclusion, card issuance, managed services and banking switching, carried out by Tata Communications Payment Solutions Limited.
Payment Solutions revenue recognition
Revenue is recognised on the number of transactions in a month or on a fixed service charge for days of usage in the month.
Real Estate and dark fibre
Income from the real estate business and dark fibre contracts is recognised over the contract period, from leases on the investment property portfolio.

Customers & channels

4 verified
Enterprise and Service Providers segments
Company states it serves two major customer segments, each addressed through a separate route-to-market strategy.
Hyperscale cloud and OTT players
Company identifies this as a rapidly expanding enterprise segment; it is a customer group within the enterprise push.
Enterprise segment as offset to voice and data risk
Company states its mitigation is to focus on the enterprise segment to offset declining voice and data margins.
1 more statement
No customer concentration above 10%
Company states no single customer contributed 10% or more of revenue from operations in FY2025 or FY2024.

Regulators

3 verified
Department of Telecommunications (DoT) and TRAI
Governs the telecom licence and regulatory environment in India in which the company operates; the company says it works closely with them on compliance and telecom reform.
TRAI engagements
Company states it engaged TRAI on Cable Landing Stations, ease of doing business and telecom reforms.
US Federal Communications Commission (FCC)
Company states it filed comments with the FCC in international regulatory proceedings.

Regulatory dependencies

4 verified
Licence fees on adjusted gross revenues
Interpretation: revenue share licence fees for VS and DS are computed on adjusted gross revenues, so a change in the AGR base or rate would move cost of these lines.
Submarine cable licensing (US)
Company states it is contributing to ongoing discussions on submarine cable licensing; outcome affects the terms under which it can offer cable-based connectivity.
Cable Landing Stations and telecom reforms (India)
Company states it engaged TRAI on Cable Landing Stations and telecom reforms; rule changes here would bear on its international connectivity infrastructure.
1 more statement
Data sovereignty and cross-border compliance
Company states stricter data sovereignty and cross-border compliance obligations require sustained investment in governance; Interpretation: higher compliance cost on cross-border data services.

Sensitivities

6 verified
Interest rates (floating-rate borrowings)
A 100 basis point change moves profit before tax by 30.31 crore at 31-Mar-25 per the sensitivity table. Interpretation: a rise in rates reduces profit before tax on floating-rate debt.
Foreign exchange and US tariffs
Company states a high-tariff scenario in the USA could affect exchange rates, working capital and financing costs. Interpretation: a weaker INR or tighter trade affects USD-linked revenue and costs.
Enterprise cost-cutting and price pressure
Company states cost-cutting by enterprises increases pricing pressure on service providers, and margins in wholesale voice and data may decline. Interpretation: lower prices cut margin on wholesale lines.
3 more statements
Commoditisation of core telecom
Company states core telecom services are becoming commoditised, constraining pricing power and requiring continued infrastructure investment.
New telecom entrants
Company states new telecom players could attract price-sensitive customers, intensifying competition and driving price erosion. Interpretation: falling prices and share fragmentation.
Red Sea transit disruption
Company cites an 80-100% rise in transit costs from rerouting via the Cape of Good Hope and damage to regional telecom infrastructure. Interpretation: higher route cost and reliability risk on submarine routes.

Cost inputs

3 verified
Network and transmission costs
Allocated to segments based on utilisation of network capacity, so capacity use drives this cost line.
Third-party vendors for service delivery
Company states its dependence on third-party vendors for service delivery introduces risk; a vendor disruption can directly affect its ability to serve customers.
Licence fees (revenue share)
Revenue share licence fees for VS and DS are allocated on adjusted gross revenues, making them a cost tied to the VS and DS revenue base.

Geographies

1 verified
International markets
Company states it is a challenger in international markets, with significant headroom for growth there.
Each statement is checked word for word against the FY2025 annual report; the passages are in the app.

What changed recently?

Q1 FY2027 results filed (22 Jul 2026).

Change log

8 entries · newest first
  1. Results filedQ1 FY2027 results filed.
  2. Corporate actionDividend - Rs 17.50 Per Share.
  3. Results filedQ4 FY2026 results filed.
  4. Results filedQ3 FY2026 results filed.
  5. Results filedQ2 FY2026 results filed.
  6. Results filedQ1 FY2026 results filed.
  7. Corporate actionDividend - Rs 25 Per Share.
  8. Results filedQ4 FY2025 results filed.
Get alerts →Sign in to be told when any of these change.

What this page does not tell you

What could not be judged, and why. Never empty.
  • Models not runFair value, EPV, Graham number, Graham value, Lynch, Owner earnings: no valuation stored.
  • FlagsCAUTION on 28 of 30 flags judged; 3 red; 2 could not be judged.
  • Data gapsDividend yield, PEG (vendor), PEG on our 3-year EPS growth, Business quality: not available yet.

What this page rests on

✓10 years of annual statements, through FY2026 (Mar-26)✓10 quarters of results✓223 months of month-end prices, adjusted for bonuses and splits○no valuation of ours yet✓business-model card FY2025 · 44 verified

Questions people ask

What is Tata Communications's share price today?

Tata Communications last traded at ₹1,661.50 on the NSE, as of 13 Oct 2026, 9:45 am IST, down 0.1% on the day, down 7.5% over a year. Its 52-week range is ₹1,322 to ₹2,110. The live price is in the app.

What is Tata Communications's market cap?

Tata Communications's market capitalisation is about ₹47,401 crore: what it would cost to buy every share at today's price. That makes it the 102nd largest mid cap company we cover.

Is Tata Communications Ltd a large cap, mid cap or small cap?

Tata Communications Ltd (TATACOMM) is a mid cap company in AMFI's classification for Jan-Jun 2026. SEBI's buckets go by rank on six-month average market capitalisation: the top 100 are large caps, 101 to 250 mid caps, the rest small caps.

What is Tata Communications Ltd's P/E ratio?

49.92, vs peers 54.9 · 5th of 9. Price divided by last year's earnings per share: how many years of today's profit you pay for.

Is Tata Communications Ltd overvalued?

Fair, with low confidence: no valuation within 120 days; P/E 49.9 vs peers 54.9 (5th of 9); P/B 3.6 vs peers 3.5 (5th of 8).

How does Tata Communications Ltd make money?

Tata Communications sells a 'digital fabric' of connectivity, cloud, cybersecurity, collaboration and media solutions to enterprises and service providers, and runs payment solutions through a wholly owned subsidiary. It earns through data-service fees and usage, minute-based voice traffic, payment-related charges and rental income from real estate.

Who are Tata Communications Ltd's peers?

Compared with 9 Telecommunication (the sector, as the industry was too small): Vodafone Idea Ltd, Indus Towers Ltd, Bharti Hexacom Ltd, Sterlite Technologies Ltd, HFCL Ltd and 4 more. The app shows how they compare on every figure.

Is this investment advice?

No. Valarth is a research and learning tool and is not a SEBI-registered investment adviser or research analyst. The figures come from the company's filings and the exchanges; what to do with them is your call.

How did Tata Communications do last quarter?

Tata Communications reported revenue of ₹6,583 Cr, up 7.3% on a year earlier and a net profit of ₹125 Cr, down 46.3% in the Jun 2026 quarter.

Who owns Tata Communications?

Tata Communications is held by promoters 58.9%, foreign institutions 13.8%, domestic institutions 19.9%.

Does Tata Communications pay a dividend?

Tata Communications last paid ₹17.50 a share, ex-dividend 19 Jun 2026; nothing in the past 12 months counts toward a yield.

What do analysts say about Tata Communications?

8 analysts cover Tata Communications, and the consensus is buy. A consensus is a count of opinions, not a forecast; read it beside the numbers.

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