Tata Communications
Market cap ₹50,221 Cr
- P/E
- 53.11
- Day range
- ₹1,747.80 – ₹1,785.00
- 52-week range
- ₹1,322.50 – ₹2,110.00
- Volume
- 1.67 L
- Open
- ₹1,756.20
- Prev close
- ₹1,764.40
Price history
Price & delivery on the exchange
NSE bhavcopy to 11 Sept 2026 · delivery 50.1% today vs 52.2% average · BSE close ₹1,763.25
- Delivery
- NSE close
- BSE close
High delivery with a rising price suggests buyers holding rather than trading the move.
Key metrics
- P/E (TTM)
- 53.4
- EPS (TTM)
- ₹33.14
- ROE (FY26)
- 30.8%
- ROCE (latest year)
- 15%
- Dividend yield
- 0.99%
Charts & trends
From company filings. Amounts in ₹ crore.
Revenue, profit & margin - quarterly
Bars in ₹ crore (a loss shows red); line is operating margin
- Revenue
- Net profit
- Operating margin
Who owns the company
Shareholding as of Jun 2026
- Promoter
- DII
- FII
- Public
Cash flows
Where cash came from and went, by fiscal year (₹ crore)
- Operating
- Investing
- Financing
- Free cash flow
Return on equity
Net profit over shareholders' equity, by fiscal year
Equity vs debt
Shareholders' equity against borrowings (₹ crore); line is debt-to-equity
- Equity
- Debt
- Debt / equity
Financial statements
| Line item | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 4,872 | 5,588 | 5,645 | 5,592 | 5,728 | 5,798 | 5,990 | 5,960 | 6,100 | 6,189 | 6,554 | 6,583 |
| Expenses | 3,857 | 4,435 | 4,569 | 4,456 | 4,598 | 4,617 | 4,868 | 4,823 | 4,926 | 4,961 | 5,270 | 5,353 |
| Operating Profit | 1,015 | 1,153 | 1,076 | 1,137 | 1,129 | 1,181 | 1,122 | 1,137 | 1,174 | 1,228 | 1,284 | 1,230 |
| OPM % | 21% | 21% | 19% | 20% | 20% | 20% | 19% | 19% | 19% | 20% | 20% | 19% |
| Other Income | 25 | -212 | -32 | 85 | 29 | -7 | 926 | -46 | -38 | 183 | 63 | -93 |
| Interest | 137 | 184 | 186 | 170 | 189 | 187 | 182 | 177 | 202 | 201 | 182 | 186 |
| Depreciation | 605 | 603 | 651 | 634 | 648 | 637 | 672 | 666 | 679 | 751 | 731 | 739 |
| Profit before tax | 298 | 154 | 207 | 417 | 321 | 350 | 1,193 | 249 | 255 | 458 | 434 | 211 |
| Tax % | 26% | 74% | -52% | 21% | 30% | 36% | 15% | 26% | 32% | 22% | 42% | 41% |
| Net Profit | 221 | 45 | 322 | 333 | 227 | 236 | 1,041 | 190 | 183 | 364 | 259 | 130 |
| EPS in Rs | ₹7.74 | ₹1.57 | ₹11.27 | ₹11.68 | ₹7.97 | ₹8.28 | ₹36.50 | ₹6.67 | ₹6.42 | ₹12.82 | ₹9.24 | ₹4.71 |
From company filings, updated 11 Sept 2026. Consolidated figures where the company reports them.Information only, not investment advice.
Strengths, risks & growth
Tata Communications was incorporated on March 19, 1986 as VSNL. In February 2002, the Government of India, as per their disinvestments plan, sold 25% of their holding in the company to the strategic partner. Consequently, the company was taken over under the administrative control of TATA. [1] It is the leading global digital ecosystem enabler. It has a leadership position in emerging markets, and an infrastructure that spans the globe. It delivers managed solutions to multinational companies and service providers. It partners with 300 of the Fortune 500 companies with their state-of the-art solutions, including a wide range of communication, collaboration, cloud, mobility, connected solutions, network and data center services. [2]
Strengths
- Company has a good return on equity (ROE) track record: 3 Years ROE 47.5%
- Company has been maintaining a healthy dividend payout of 45.9%
Risks
- Stock is trading at 14.6 times its book value
- The company has delivered a poor sales growth of 7.72% over past five years.
- Contingent liabilities of Rs.18,056 Cr.
- Company might be capitalizing the interest cost
Compounded Sales Growth
- 10 Years
- +3%
- 5 Years
- +8%
- 3 Years
- +12%
- TTM
- +8%
Compounded Profit Growth
- 10 Years
- +49%
- 5 Years
- -4%
- 3 Years
- -15%
- TTM
- 0%
Stock Price CAGR
- 10 Years
- +19%
- 5 Years
- +5%
- 3 Years
- -2%
- 1 Year
- +11%
Return on Equity
- 10 Years
- —
- 5 Years
- +74%
- 3 Years
- +48%
- Last Year
- +33%
Strengths and risks are a machine-generated checklist, not advice; growth is compounded annually over each period.
Shareholding pattern
| Holder | Sept 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Change |
|---|---|---|---|---|---|
| Promoter | 58.86% | 58.86% | 58.86% | 58.86% | 0.00 pp |
| FII | 13.61% | 14.46% | 14.44% | 13.75% | -0.69 pp |
| DII | 19.03% | 18.49% | 19.14% | 19.85% | +0.71 pp |
| Public | 8.50% | 8.19% | 7.56% | 7.53% | -0.03 pp |
Filed with NSE for Jun 2026: promoters 58.86%, public 41.14% · XBRL filing
Analysts & fund holdings
Who holds the shares, quarter by quarter
Mutual funds 16.30% (-0.43 pp)- Promoters58.9%
- Foreign institutions13.8%
- Mutual funds16.3%
- Insurance2.6%
- Other domestic institutions1.0%
- Retail3.4%
- Others4.1%
| Fund | % of company | % of fund | 3-month change |
|---|---|---|---|
| HDFC Mid Cap Fund | 4.07% | 1.77% | -0.41 pp |
| Mirae Asset Large & Midcap Fund | 1.81% | 1.87% | -0.05 pp |
| Quant Mid Cap Fund | 1.43% | 8.40% | -1.11 pp |
| Mirae Asset Midcap Fund | 1.17% | 2.65% | -0.07 pp |
| Mirae Asset ELSS Tax Saver Fund | 0.94% | 1.69% | -0.38 pp |
Scorecard
- Performance
- Avg
- Valuation
- High
- Growth
- Low
- Profitability
- High
- Entry point
- Good
- Red flags
- Low
Analyst coverage, holdings and scorecard from market data; not a recommendation by Parasram India.
Corporate actions
- dividend₹17.50
Dividend - Rs 17.50 Per Share
19 Jun 2026ex-date - dividend₹25.00
Dividend - Rs 25 Per Share
19 Jun 2025ex-date - dividend₹16.70
Dividend - Rs 16.70 Per Share
1 Jul 2024ex-date - otherNot available — not reported in this filing
Annual General Meeting
1 Jul 2024ex-date - dividend₹21.00
Annual General Meeting/Dividend - Rs 21 Per Share
26 Jun 2023ex-date - dividend₹20.70
Annual General Meeting/Dividend - Rs 20.70 Per Share
10 Jun 2022ex-date - dividend₹14.00
Annual General Meeting/Dividend - Rs 14 Per Share
17 Jun 2021ex-date - dividend₹4.00
Annual General Meeting/Dividend - Rs 4 Per Share
20 Aug 2020ex-date - otherNot available — not reported in this filing
Demerger
17 Sept 2019ex-date - dividend₹4.50
Annual General Meeting/Dividend - Rs 4.50 Per Share
25 Jul 2019ex-date - dividend₹4.50
Dividend- Rs 4.50 Per Share
1 Aug 2018ex-date - dividend₹4.50
Annual General Meeting / Dividend - Rs 4.50 Per Share / Special Dividend Rs 1.50 Per Share
16 Jun 2017ex-date - dividend₹4.30
Dividend - Rs 4.30/- Per Share
21 Jul 2016ex-date - dividend₹5.50
Annual General Meeting/ Dividend - Rs 5.50/- Per Share
23 Sept 2015ex-date - dividend₹4.50
Annual General Meeting / Dividend - Rs 4.50/- Per Share
30 Jul 2014ex-date - dividend₹3.00
Annual General Meeting/Dividend Rs 3/- Per Share
17 Jul 2013ex-date - dividend₹2.00
Annual General Meeting/Dividend Rs.2 Per Share
16 Jul 2012ex-date - dividend₹2.00
Dividend-Rs.2/- Per Share
28 Sept 2011ex-date - otherNot available — not reported in this filing
Annual General Meeting
29 Jul 2010ex-date - dividend₹4.50
Dividend-Rs.4.50 Pr Share
22 Jul 2009ex-date
Company announcements
Dissolution of a wholly owned indirect subsidiary
Intimation of Schedule of Analyst / Institutional Investor Meeting
Tata Communications, Tata Motors Passenger Vehicles join forces to accelerate Software-Defined Vehicle Deployment in India - Introduces in-built 5G cellular connectivity in the Sierra.ev
Intimation regarding issuance, allotment and listing of Commercial Paper amounting to Rs. 300 crore
Allotment of 68,894 Equity Shares under Tata Communications Limited - Employee Stock Unit Plan 2023
Intimation regarding issuance, allotment and listing of Commercial Paper amounting to Rs.250 crore.
Intimation of Schedule of Analyst / Institutional Investor Meeting
Grant of stock options under 'Tata Communications Limited - Stock Unit Plan 2023'.
Earnings Call Transcript pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Tata Communications, Tata Tele Business Services join Forces to Bring Unified AI Infrastructure to India's SMB Economy
Filed with BSE (scrip 500483); the last 45 days. Documents open at bseindia.com.
SEBI filings & orders
From SEBI's website. An order may concern the company, its officers or trading in its shares, and may be under appeal - read the order itself. Personal identifiers are withheld.
Regulatory orders
- Order
Order in the matter of Tata Communications Limited
23 Feb 2021Read on SEBI
Documents
Annual reports
Earnings calls
- Jul 2026TranscriptSlides
- Apr 2026TranscriptRecording
- Jan 2026TranscriptRecording
- Oct 2025Recording
- Aug 2025TranscriptRecording
- Jun 2025TranscriptSlides
Credit ratings
- Rating update · 7 Sep from care
- Rating update · 23 Jun from crisil
- Rating update · 8 Sep 2025 from care
- Rating update · 30 Jul 2025 from crisil
- Rating update · 23 Jun 2025 from crisil
- Rating update · 1 Oct 2024 from crisil
Documents open at BSE or the rating agency that issued them.
Sourced from the company's NSE XBRL filing dated 22 Jan 2025 (unaudited). View the source filing. Figures are as filed and are not investment advice.