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NSE:TATACOMM

TATA COMMUNICATIONS LTD

Telecommunication › Telecom - Services·NIFTY 200NIFTY 500NIFTY LARGEMIDCAP 250NIFTY MIDCAP 100+7
₹1,708.90
at close · 27 Oct 2026
▲ 24.90 (+1.48%)
ThemesArtificial Intelligence· growingCybersecurity· growingData Centers & Cloud· growing

Latest filings

  1. Tata Communications plans major AI network expansion in India · Compliance
  2. 14,916 employee restricted stock units granted · Corporate Actions
  3. Tata Communications lists Rs 300 crore commercial paper · Fund Raising
All filings ↓
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Snapshot

What the business is, and whether it's a good one at a fair price.

AI · written from filings

Provides data, voice and digital services to enterprise customers globally, carrying most of its revenue through a global subsea and terrestrial network. Data Services is the main line at 85.7% of FY26 segment revenue, sold to enterprise and wholesale customers and covering core connectivity, cloud, cybersecurity and other digital offerings. Voice Solutions (6.2%), Transformation Services (3.8%) and Campaign Registry (3.4%) make up the balance, while Real Estate (0.8%) is a small legacy book. The cost base is dominated by other operating expenses (60.6% of revenue) and employees (19.9%), with capex at 9.8% of revenue largely going into subsea and network infrastructure. In Q1 FY27, consolidated revenue was Rs 6,583 cr (+10.5% YoY), with Data revenue up 11.3% and next-gen platforms (MCC Fabric, ThreatSpan, MOVE) up 31% YoY. The company is committing USD 152 million to two new India-Singapore subsea systems adding roughly 98 Tbps of capacity (~20 Tbps on MIST and ~78 Tbps on Project CS), and is collaborating with Tata Tele Business Services to sell AI voice agents to India's 60 million small businesses.

Revenue mix · reported segments
Data Services85.7%
Voice Solutions6.2%
Transformation Services3.8%
Campaign Registry3.4%
Real Estate0.8%
Operating scale
MIST subsea capacity (Mumbai-Singapore)
~20 TbpsReady Q4 FY2027
Project CS subsea capacity (Chennai-Singapore)
~78 TbpsReady Q3 FY2031
FY26 Data Services revenue
Rs 21,440.61 crFY26
FY26 total revenue
Rs 24,802.72 crFY26
Net debt
Rs 10,400 cr at 2.12x EBITDAQ1 FY27
FY26 EBITDA margin
20.26%FY26
Who pays it
Enterprise and wholesale B2B customers globally; Global 2000 enterprises; Indian SMBs via Tata Tele Business Services tie-up
Biggest cost
Other operating expenses at 60.6% of revenue
Kind of business
Asset-heavy, capital-intensive global B2B telecom with subsea and terrestrial network infrastructure
Where it sits
B2B-pure telecom carrier connecting data centres, clouds and enterprises globally; part of the Tata group
Market Cap
₹48,707 Cr
P / E (TTM)
51.5×
EV / EBITDA
11.7×
Div Yield
1.46%
Growth
7.7%▲
Revenue 5y CAGR
PAT -4.4% · EBITDA +3.0%
Quality
19.9%▲
ROCE (5y median)
ROE 60.7% (5y median) · margin 20.3%
Leverage
2.90·
Debt / Equity · high
Net debt ₹9,940 Cr
Revenue FY21→FY26
1.5×▲
Margin −3.3 pts
₹17,100 Cr → ₹24,803 Cr
Cash conversion
2.70×▲
Operating cash ÷ profit · 5 yrs
₹19,160 Cr on ₹7,089 Cr
Moves on a normal day
1.19%·
Median daily move
Last 267 sessions · the yardstick for filing-day moves
Where it sits among 7 Telecom - Cellular & Fixed line services peersBar = share of peers beaten · tick = industry median · latest reported figures
P/E (TTM)#4/5
ROCE#5/7
EBITDA margin#7/8
Revenue growth#4/8
Profit growth#8/8

Scorecard

Measured from the filed financials, judged against its Telecom - Cellular & Fixed line services peers · as of FY26 — not investment advice

Strengths
Returns on capital 19.9% (5-year median)
#5 of 7 in Telecom - Cellular & Fixed line services on the latest reported figures
Over 5 years it reported ₹7,089 Cr of profit and ₹19,160 Cr of operating cash — 2.70×
Profit is converting into cash
Negative working-capital cycle — the business is funded by its suppliers
Pays out 72% of profit as dividend
Concerns
Profit shrinking over 5 years (−4% a year)
Carries more debt than its peers — 2.90× equity

Charts

How has the market priced it — with filings on the timeline?

TATACOMM · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Peers

How does it stack up on valuation, returns and growth?

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Financials

Quarterly & annual P&L, balance sheet, cash flow, ratios and segments.

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Ownership

Who owns it — and is the promoter stake clean?

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Common questions

Answered from TATA COMMUNICATIONS LTD's filed financials and exchange disclosures

What does TATA COMMUNICATIONS LTD do?

TATA COMMUNICATIONS LTD is a Telecom - Services company listed on NSE and BSE, trading under the symbol TATACOMM.

Is TATA COMMUNICATIONS LTD profitable?

Yes. Over the trailing twelve months TATA COMMUNICATIONS LTD reported a net profit of ₹936 Cr on revenue of ₹25,426 Cr.

Does TATA COMMUNICATIONS LTD pay a dividend?

Yes. The dividend yield is 1.46% at the current price. It paid out 72% of its profit as dividend in FY26.

Is TATA COMMUNICATIONS LTD debt-free?

No. It reported borrowings of ₹10,582 Cr on its 31 Mar 2026 balance sheet, or net debt of ₹9,940 Cr after cash. Debt stands at 2.90× equity.

Is TATA COMMUNICATIONS LTD expensive compared with its peers?

On trailing P/E, TATA COMMUNICATIONS LTD ranks 4 of 5 in Telecom - Cellular & Fixed line services — cheaper than 25% of them, against an industry median of 45.8×. This is a position, not a valuation judgement.

How much does the TATA COMMUNICATIONS LTD share price move in a day?

On a typical session TATA COMMUNICATIONS LTD moves 1.19% — that is the median absolute close-to-close move across its last 267 trading days. MarketPing measures each filing's price reaction against it.

Where can I track TATA COMMUNICATIONS LTD's announcements?

Every NSE and BSE filing by TATA COMMUNICATIONS LTD appears on this page, AI-summarised, alongside the price reaction that followed it. Follow the company to get each new filing on WhatsApp within minutes.

Figures are as last reported and may lag the latest filing. Not investment advice.