Tata Communications

    TATACOMM
    Diversified
    ₹1761.60
    price as of 11/9/2026, 5:45:33 pm

    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
    Promoters pledged 2.2% of their shares
    52-week range, adjusted for splits and bonuses
    ₹1,322.5₹2,110
    2 Apr 202622 Jun 2026
    Index membership
    NIFTY 200NIFTY 500NIFTY MIDCAP 150

    Price history

    6M change +18.79%RSI (14) 54.4 NeutralSMA 20 · 50 overlaid

    Price & delivery on the exchange

    NSE bhavcopy to 11 Sept 2026 · delivery 50.1% today vs 52.2% average · BSE close ₹1,763.25

    1 Apr23 Apr15 May5 Jun24 Jun15 Jul3 Aug21 Aug11 Sept₹1,250₹1,500₹1,750₹2,000₹2,2500%25%50%75%100%
    • 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 3Y CAGR
    +11.6%
    Profit 3Y CAGR
    -17.9%
    Revenue YoY (Jun 2026)
    +10.5%
    Profit YoY (Jun 2026)
    -31.6%
    Operating margin
    19.0%
    Net margin
    2.0%

    Revenue, profit & margin - quarterly

    Bars in ₹ crore (a loss shows red); line is operating margin

    Sep 2023Mar 2024Sep 2024Mar 2025Sep 2025Jun 20260 Cr2.0K Cr4.0K Cr6.0K Cr8.0K Cr0%6%12%18%24%
    • 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)

    Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026-5.0K Cr-2.5K Cr0 Cr2.5K Cr5.0K Cr
    • Operating
    • Investing
    • Financing
    • Free cash flow

    Return on equity

    Net profit over shareholders' equity, by fiscal year

    FY17FY18FY19FY22FY23FY24FY25FY26-95%0%95%190%285%15%

    Equity vs debt

    Shareholders' equity against borrowings (₹ crore); line is debt-to-equity

    Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026-4.5K Cr0 Cr4.5K Cr9.0K Cr13.5K Cr0.0x25.0x50.0x75.0x100.0x
    • Equity
    • Debt
    • Debt / equity

    Financial statements

    ₹ Crore
    Quarterly results, oldest period first, figures in rupees crore
    Line itemSep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
    Sales4,8725,5885,6455,5925,7285,7985,9905,9606,1006,1896,5546,583
    Expenses3,8574,4354,5694,4564,5984,6174,8684,8234,9264,9615,2705,353
    Operating Profit1,0151,1531,0761,1371,1291,1811,1221,1371,1741,2281,2841,230
    OPM %21%21%19%20%20%20%19%19%19%20%20%19%
    Other Income25-212-328529-7926-46-3818363-93
    Interest137184186170189187182177202201182186
    Depreciation605603651634648637672666679751731739
    Profit before tax2981542074173213501,193249255458434211
    Tax %26%74%-52%21%30%36%15%26%32%22%42%41%
    Net Profit221453223332272361,041190183364259130
    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

    Percentage of shares held by each category at each quarter end
    HolderSept 2025Dec 2025Mar 2026Jun 2026Change
    Promoter58.86%58.86%58.86%58.86%0.00 pp
    FII13.61%14.46%14.44%13.75%-0.69 pp
    DII19.03%18.49%19.14%19.85%+0.71 pp
    Public8.50%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

    80%
    80% recommend buy
    10 analysts cover the stock
    Valuation vs Wireless Telecommunication Services
    P/E53.1 vs 34.1
    Sector P/B6.50
    Beta1.65

    Who holds the shares, quarter by quarter

    Mutual funds 16.30% (-0.43 pp)
    Mar 25
    Jun 25
    Sept 25
    Dec 25
    Mar 26
    Jun 26
    • Promoters58.9%
    • Foreign institutions13.8%
    • Mutual funds16.3%
    • Insurance2.6%
    • Other domestic institutions1.0%
    • Retail3.4%
    • Others4.1%
    Mutual funds holding the most
    Fund% of company% of fund3-month change
    HDFC Mid Cap Fund4.07%1.77%-0.41 pp
    Mirae Asset Large & Midcap Fund1.81%1.87%-0.05 pp
    Quant Mid Cap Fund1.43%8.40%-1.11 pp
    Mirae Asset Midcap Fund1.17%2.65%-0.07 pp
    Mirae Asset ELSS Tax Saver Fund0.94%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 2026
      ex-date
    • dividend
      ₹25.00

      Dividend - Rs 25 Per Share

      19 Jun 2025
      ex-date
    • dividend
      ₹16.70

      Dividend - Rs 16.70 Per Share

      1 Jul 2024
      ex-date
    • other
      Not available — not reported in this filing

      Annual General Meeting

      1 Jul 2024
      ex-date
    • dividend
      ₹21.00

      Annual General Meeting/Dividend - Rs 21 Per Share

      26 Jun 2023
      ex-date
    • dividend
      ₹20.70

      Annual General Meeting/Dividend - Rs 20.70 Per Share

      10 Jun 2022
      ex-date
    • dividend
      ₹14.00

      Annual General Meeting/Dividend - Rs 14 Per Share

      17 Jun 2021
      ex-date
    • dividend
      ₹4.00

      Annual General Meeting/Dividend - Rs 4 Per Share

      20 Aug 2020
      ex-date
    • other
      Not available — not reported in this filing

      Demerger

      17 Sept 2019
      ex-date
    • dividend
      ₹4.50

      Annual General Meeting/Dividend - Rs 4.50 Per Share

      25 Jul 2019
      ex-date
    • dividend
      ₹4.50

      Dividend- Rs 4.50 Per Share

      1 Aug 2018
      ex-date
    • dividend
      ₹4.50

      Annual General Meeting / Dividend - Rs 4.50 Per Share / Special Dividend Rs 1.50 Per Share

      16 Jun 2017
      ex-date
    • dividend
      ₹4.30

      Dividend - Rs 4.30/- Per Share

      21 Jul 2016
      ex-date
    • dividend
      ₹5.50

      Annual General Meeting/ Dividend - Rs 5.50/- Per Share

      23 Sept 2015
      ex-date
    • dividend
      ₹4.50

      Annual General Meeting / Dividend - Rs 4.50/- Per Share

      30 Jul 2014
      ex-date
    • dividend
      ₹3.00

      Annual General Meeting/Dividend Rs 3/- Per Share

      17 Jul 2013
      ex-date
    • dividend
      ₹2.00

      Annual General Meeting/Dividend Rs.2 Per Share

      16 Jul 2012
      ex-date
    • dividend
      ₹2.00

      Dividend-Rs.2/- Per Share

      28 Sept 2011
      ex-date
    • other
      Not available — not reported in this filing

      Annual General Meeting

      29 Jul 2010
      ex-date
    • dividend
      ₹4.50

      Dividend-Rs.4.50 Pr Share

      22 Jul 2009
      ex-date

    Company announcements

    Company Update
    Announcement under Regulation 30 (LODR)-Restructuring

    Dissolution of a wholly owned indirect subsidiary

    Company Update
    Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

    Intimation of Schedule of Analyst / Institutional Investor Meeting

    Company Update
    Announcement under Regulation 30 (LODR)-Press Release / Media Release

    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

    Company Update
    Intimation Regarding Issuance, Allotment And Listing Of Commercial Paper Amounting To Rs. 300 Crore

    Intimation regarding issuance, allotment and listing of Commercial Paper amounting to Rs. 300 crore

    Company Update
    Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS

    Allotment of 68,894 Equity Shares under Tata Communications Limited - Employee Stock Unit Plan 2023

    Company Update
    Intimation Regarding Issuance, Allotment And Listing Of Commercial Paper Amounting To Rs.250 Crore

    Intimation regarding issuance, allotment and listing of Commercial Paper amounting to Rs.250 crore.

    Company Update
    Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

    Intimation of Schedule of Analyst / Institutional Investor Meeting

    Company Update
    Grant Of Stock Options Under 'Tata Communications Limited - Stock Unit Plan 2023'.

    Grant of stock options under 'Tata Communications Limited - Stock Unit Plan 2023'.

    Company Update
    Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome

    Earnings Call Transcript pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

    Company Update
    Announcement under Regulation 30 (LODR)-Press Release / Media Release

    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 2021
      Read on SEBI

    Documents

    Credit ratings

    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.