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Tata Communications Limited (TATACOMM.NS)

INR1,855.70 +7.10 (+0.38%)
IN NSE Communication Services Telecommunications Services
Address Bandra Kurla Complex 400098
Mumbai, IN
CEO Amur Swaminathan Lakshminarayanan
Website tatacommunications.com
IPO 2002-07-01
ISIN INE151A01013

Explore sections of this company profile

Also trades on Bombay Stock Exchange · TATACOMM.BO (INR) National Stock Exchange of India · TATACOMM.NS (INR)
Description

Headquartered in Mumbai, India, Tata Communications Limited, established in 1986 (and previously known as Videsh Sanchar Nigam Limited until its rebranding in 2008), delivers a comprehensive suite of telecommunications services across the globe. The company's operations are strategically divided into Voice Solutions, Data and Managed Services, Payment Solutions, Transformation Services, and Real Estate. Its extensive service portfolio encompasses core connectivity offerings, including global voice and data transmission, internet services, and the provision of dedicated network infrastructure like WAN ethernet, global VPNs, and private lines. Tata Communications also facilitates international communication by selling and leasing bandwidth on its sophisticated undersea cable systems. Beyond fundamental connectivity, the firm offers a wide array of value-added and managed services. These include unified conferencing and collaboration tools, managed hosting, global mobile roaming and signaling, transponder leasing, television up-linking, and comprehensive network management and support. For the financial sector, the company provides specialized payment solutions, such as end-to-end ATM deployment, POS enablement, financial inclusion programs, card issuance, and related managed and switching services. Addressing modern digital challenges, it also delivers robust cybersecurity, network security, cloud security, and cloud security operations centers, alongside bespoke security solutions. Furthermore, Tata Communications is a key player in cloud computing, offering cloud services, data center co-location, and SD-WAN solutions. It actively supports advancements in the Internet of Things, smartphone proliferation, and supply chain automation/integration. Its dedicated media and entertainment division provides services ranging from gaming and sports to news and broadcasting, including asset and workflow management, channel origination, video contribution and distribution, and OTT platform and delivery services. The company also offers intelligent routing, on-demand connectivity, and premises leasing. Its diverse clientele includes both service providers and various enterprises worldwide.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
INR1,855.70 +7.10 (+0.38%)
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Volume Profile
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Liquidity & share structure
Average Volume
767.7K
Beta
0.72
Float Shares
112.62M
Free Float %
39.5%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
+0.05% +0.20% +26.19% +40.69% +9.33% +7.76% +15.30% +23.06% +47.15% +622.13% +852.31%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
1,855.70
DCF (Unlevered) 2,505.56 +35.0%
DCF (Levered) 2,466.37 +32.9%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Ratings Trend (MoM) 70% Bullish
Rating 2026-06 Change
Strong Buy 2 0
Buy 5 0
Hold 2 0
Sell 1 0
Strong Sell 0 0
Quality scores
Altman Z-Score
2.19
Grey zone
Piotroski F-Score
6 / 9
Average
MOAT Score
6 / 10
Developing
Composite Rating
B-
Overall Score
3 / 5
Medium
DCF Score
3 / 5
Medium
ROE Score
5 / 5
High
ROA Score
4 / 5
High
D/E Score
1 / 5
Low
P/E Score
1 / 5
Low
P/Book Score
1 / 5
Low
Operational MOAT
✗ Below peers
  • ✓
    Revenue growth Telecommunications Services: +7.0%
    +7.3% ★ Q1'26: +9.4% (vs Q1'25)
  • ✗
    EPS growth Telecommunications Services: +15.8%
    -38.4% Q1'26: -65.5% (vs Q1'25)
  • ✓
    FCF margin FCF growth · Telecommunications Services: +29.4%
    +6.8% Q1'26: -2.8% (vs Q1'25)
  • ✗
    EBIT margin Telecommunications Services: +14.7%
    +9.0% Q1'26: +9.5% (vs Q1'25)
  • ✗
    ROIC Telecommunications Services: +6.4%
    +10.6% ★ Q1'26: +10.0% (vs Q1'25)
  • ✗
    Share dilution Telecommunications Services: +0.0%
    +4.3% Q1'26: +0.2% (vs Q1'25)
  • ✓
    Debt / EBITDA Net debt/EBITDA · Telecommunications Services: 1.26×
    2.42× Q1'26: 2.26× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
▶ WACC components (optional)
Ke (Cost of Equity) = Rf + β (0.61) × ERP
WACC = 83% × Ke + 17% × Kd (6.2%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
—
Intrinsic value (base): 2,505.56 Current price: 1,855.70
Enterprise Value: — Equity Value: — Terminal Value: — TV as % of EV: —

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Mar 1996
actual 		Mar 1997
actual 		Mar 1998
actual 		Mar 1999
actual 		Mar 2000
actual 		Mar 2001
actual 		Mar 2002
actual 		Mar 2003
actual 		Mar 2004
actual 		Mar 2005
actual 		Mar 2006
actual 		Mar 2007
actual 		Mar 2008
actual 		Mar 2009
actual 		Mar 2010
actual 		Mar 2011
actual 		Mar 2012
actual 		Mar 2013
actual 		Mar 2014
actual 		Mar 2015
actual 		Mar 2016
actual 		Mar 2017
actual 		Mar 2018
actual 		Mar 2019
actual 		Mar 2020
actual 		Mar 2021
actual 		Mar 2022
actual 		Mar 2023
actual 		Mar 2024
actual 		Mar 2025
actual 		Mar 2026
9 Rev. Ana.
5 EPS Ana. 		Mar 2027
10 Rev. Ana.
8 EPS Ana. 		Mar 2028
10 Rev. Ana.
8 EPS Ana. 		Mar 2029
4 Rev. Ana.
2 EPS Ana.
Revenue
44.47B
est.
51.91B
est.
61.72B
est: 61.77B (-0.1%)
68.60B
est: 70.03B (-2.0%)
69.68B
est: 73.46B (-5.2%)
72.63B
est: 75.15B (-3.4%)
64.90B
est: 75.36B (-13.9%)
45.21B
est: 49.92B (-9.4%)
32.23B
est: 33.41B (-3.5%)
32.49B
est: 32.28B (+0.6%)
45.50B
est: 37.52B (+21.3%)
86.19B
est: 41.64B (+107.0%)
82.28B
est: 41.87B (+96.5%)
97.30B
est: 99.06B (-1.8%)
106.08B
est: 112.07B (-5.3%)
119.32B
est: 121.28B (-1.6%)
139.89B
est: 140.45B (-0.4%)
172.13B
est: 176.20B (-2.3%)
196.20B
est: 197.98B (-0.9%)
199.13B
est: 202.82B (-1.8%)
182.28B
est: 204.29B (-10.8%)
176.99B
est: 197.52B (-10.4%)
167.85B
est: 168.67B (-0.5%)
165.26B
est: 164.58B (+0.4%)
170.68B
est: 169.58B (+0.7%)
171.00B
est: 174.04B (-1.7%)
167.25B
est: 167.53B (-0.2%)
178.38B
est: 178.53B (-0.1%)
207.85B
est: 218.31B (-4.8%)
231.09B
est: 231.88B (-0.3%)
246.57B
246.06B – 248.40B
+6.3% YoY
270.57B
266.94B – 273.80B
+9.7% YoY
296.45B
289.37B – 305.75B
+9.6% YoY
324.67B
322.53B – 326.81B
+9.5% YoY
EBITDA
9.12B
est.
21.12B
est.
12.12B
est: 24.64B (-50.8%)
17.67B
est: 20.51B (-13.9%)
17.82B
est: 24.16B (-26.3%)
19.74B
est: 23.11B (-14.6%)
15.25B
est: 30.95B (-50.7%)
11.23B
est: 16.83B (-33.3%)
-1.56B
est: 10.63B (-114.7%)
5.20B
est: -1.23B (+523.8%)
6.15B
est: 15.24B (-59.6%)
8.12B
est: 8.38B (-3.1%)
5.64B
est: 9.47B (-40.4%)
15.33B
est: 19.10B (-19.8%)
13.99B
est: 15.60B (-10.3%)
14.11B
est: 2.71B (+421.1%)
31.16B
est: 2.86B (+990.5%)
20.74B
est: 8.59B (+141.4%)
32.97B
est: 10.85B (+203.9%)
28.21B
est: 20.25B (+39.3%)
26.51B
est: 21.63B (+22.6%)
25.84B
est: 22.17B (+16.5%)
22.34B
est: 27.64B (-19.2%)
25.21B
est: 18.08B (+39.4%)
28.15B
est: 19.75B (+42.5%)
37.74B
est: 20.61B (+83.1%)
37.68B
est: 21.75B (+73.2%)
38.71B
est: 23.21B (+66.8%)
38.91B
est: 44.03B (-11.6%)
40.43B
est: 47.01B (-14.0%)
49.73B
49.63B – 50.10B
+5.8% YoY
54.57B
53.84B – 55.22B
+9.7% YoY
59.79B
58.36B – 61.66B
+9.6% YoY
65.48B
65.05B – 65.91B
+9.5% YoY
EBIT
4.70B
est.
12.21B
est.
10.46B
est: 14.24B (-26.6%)
14.99B
est: 11.85B (+26.5%)
16.86B
est: 15.73B (+7.2%)
18.02B
est: 14.43B (+24.9%)
13.35B
est: 18.20B (-26.7%)
9.15B
est: 8.86B (+3.2%)
-4.03B
est: 6.92B (-158.3%)
2.88B
est: -3.90B (+173.9%)
891.19M
est: 10.49B (-91.5%)
5.90B
est: 1.54B (+282.3%)
2.39B
est: 1.80B (+32.4%)
10.41B
est: 1.17B (+786.9%)
-1.12B
est: 5.87B (-119.0%)
2.41B
est: -3.02B (+179.7%)
12.83B
est: -4.34B (+395.7%)
474.00M
est: -359.83M (+231.7%)
9.31B
est: -593.42M (+1,669.1%)
8.62B
est: 11.16B (-22.7%)
7.87B
est: 6.68B (+17.8%)
7.18B
est: 5.82B (+23.2%)
5.19B
est: -3.49B (+248.6%)
6.78B
est: 1.32B (+411.8%)
9.59B
est: 7.32B (+31.1%)
19.47B
est: 5.89B (+230.7%)
20.22B
est: 6.21B (+225.5%)
20.56B
est: 6.63B (+210.3%)
19.20B
est: 22.01B (-12.8%)
19.77B
est: 23.50B (-15.9%)
24.86B
24.81B – 25.04B
+5.8% YoY
27.28B
26.91B – 27.60B
+9.7% YoY
29.89B
29.18B – 30.83B
+9.6% YoY
32.73B
32.52B – 32.95B
+9.5% YoY
Net Income
4.72B
est.
13.23B
est.
11.33B
est: 15.43B (-26.6%)
8.62B
est: 12.85B (-32.9%)
8.40B
est: 14.72B (-42.9%)
15.32B
est: 12.27B (+24.9%)
9.50B
est: 15.47B (-38.6%)
7.44B
est: 6.32B (+17.8%)
-2.56B
est: 5.22B (-149.0%)
2.45B
est: -2.48B (+198.6%)
623.83M
est: 8.24B (-92.4%)
1.47B
est: 774.69M (+89.6%)
-960.00M
est: 154.85M (-719.9%)
3.89B
est: 243.69M (+1,494.6%)
-3.84B
est: 3.60B (-206.7%)
-8.54B
est: -6.47B (-32.1%)
3.31B
est: -9.00B (+136.8%)
-6.23B
est: -10.00B (+37.7%)
1.01B
est: -7.01B (+114.5%)
12.90M
est: 1.06B (-98.8%)
86.80M
est: 13.03M (+565.9%)
12.33B
est: 83.61M (+14,645.0%)
-3.29B
est: 10.50B (-131.3%)
-823.70M
est: -3.17B (+74.1%)
-859.60M
est: -857.82M (-0.2%)
12.51B
est: -906.64M (+1,479.4%)
14.82B
est: -956.78M (+1,648.7%)
17.96B
est: -1.02B (+1,859.4%)
9.68B
est: 9.62B (+0.7%)
18.36B
est: 11.62B (+58.1%)
13.02B
10.78B – 15.26B
+12.0% YoY
16.88B
15.25B – 22.01B
+29.7% YoY
22.80B
19.89B – 30.51B
+35.0% YoY
28.40B
27.87B – 28.94B
+24.6% YoY
SGA
2.20B
est.
2.56B
est.
—
est: 3.05B (-100.0%)
—
est: 3.46B (-100.0%)
1.54B
est: 3.63B (-57.5%)
3.03B
est: 3.71B (-18.4%)
4.78B
est: 3.72B (+28.3%)
3.98B
est: 2.46B (+61.6%)
4.99B
est: 1.03B (+385.3%)
6.29B
est: 1.59B (+294.6%)
13.68B
est: 1.86B (+635.2%)
23.07B
est: 4.21B (+447.6%)
27.20B
est: 8.71B (+212.3%)
—
est: 21.18B (-100.0%)
—
est: 14.74B (-100.0%)
19.51B
est: 33.75B (-42.2%)
—
est: 36.17B (-100.0%)
12.20B
est: 48.85B (-75.0%)
4.84B
est: 51.44B (-90.6%)
26.93B
est: 51.01B (-47.2%)
23.33B
est: 57.05B (-59.1%)
23.24B
est: 52.99B (-56.1%)
22.69B
est: 50.25B (-54.8%)
24.31B
est: 57.79B (-57.9%)
21.71B
est: 62.83B (-65.4%)
16.50B
est: 68.18B (-75.8%)
15.86B
est: 71.95B (-78.0%)
3.37B
est: 76.76B (-95.6%)
3.56B
est: 13.04B (-72.7%)
4.52B
est: 13.92B (-67.5%)
14.73B
14.70B – 14.84B
+5.8% YoY
16.17B
15.95B – 16.36B
+9.7% YoY
17.71B
17.29B – 18.27B
+9.6% YoY
19.40B
19.27B – 19.52B
+9.5% YoY
EPS
16.55
est.
22.73
est.
39.76
est: 30.53 (+30.2%)
30.24
est: 38.10 (-20.6%)
29.48
est: 48.00 (-38.6%)
54.03
est: 54.40 (-0.7%)
33.42
est: 60.99 (-45.2%)
26.08
est: 30.33 (-14.0%)
-8.98
est: 14.10 (-163.7%)
8.58
est: 13.64 (-37.1%)
2.18
est: 15.67 (-86.1%)
5.05
est: 17.46 (-71.1%)
-3.37
est: 5.56 (-160.7%)
13.64
est: 3.68 (+270.5%)
-13.46
est: -8.93 (-50.7%)
-29.97
est: -29.28 (-2.4%)
11.62
est: -24.49 (+147.5%)
-21.87
est: -28.35 (+22.9%)
3.56
est: -0.72 (+592.4%)
0.05
est: 5.70 (-99.2%)
7.99
est: -0.04 (+20,962.7%)
-26.81
est: 45.85 (-158.5%)
-11.53
est: 1.52 (-856.4%)
-2.89
est: 1.08 (-366.5%)
-3.02
est: 10.64 (-128.4%)
43.88
est: 46.29 (-5.2%)
51.99
est: 48.96 (+6.2%)
63.02
est: 60.68 (+3.9%)
39.40
est: 32.27 (+22.1%)
56.99
est: 38.98 (+46.2%)
42.94
36.23 – 51.29
+10.2% YoY
59.13
51.26 – 74.00
+37.7% YoY
79.12
66.88 – 102.56
+33.8% YoY
95.49
93.68 – 97.29
+20.7% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-06-12 B- 3/5 3/5 5/5 4/5 1/5 1/5 1/5
2026-06-11 B- 3/5 3/5 5/5 4/5 1/5 1/5 1/5
2026-06-10 B- 3/5 3/5 5/5 4/5 1/5 1/5 1/5
2026-06-09 B- 3/5 3/5 5/5 4/5 1/5 1/5 1/5
2026-06-08 B- 3/5 3/5 5/5 4/5 1/5 1/5 1/5
2026-06-05 B- 3/5 3/5 5/5 4/5 1/5 1/5 1/5
2026-06-04 B- 3/5 3/5 5/5 4/5 1/5 1/5 1/5
2026-06-03 B- 3/5 3/5 5/5 4/5 1/5 1/5 1/5
2026-06-02 B- 3/5 3/5 5/5 4/5 1/5 1/5 1/5
2026-06-01 B 3/5 4/5 5/5 4/5 1/5 1/5 1/5
2026-05-29 B 3/5 4/5 5/5 4/5 1/5 1/5 1/5
2026-05-27 B 3/5 4/5 5/5 4/5 1/5 1/5 1/5
2026-05-26 B 3/5 4/5 5/5 4/5 1/5 1/5 1/5
2026-05-25 B 3/5 4/5 5/5 4/5 1/5 1/5 1/5
2026-05-22 B 3/5 4/5 5/5 4/5 1/5 1/5 1/5
2026-05-21 B 3/5 4/5 5/5 4/5 1/5 1/5 1/5
2026-05-20 B 3/5 4/5 5/5 4/5 1/5 1/5 1/5
2026-05-19 B 3/5 4/5 5/5 4/5 1/5 1/5 1/5
2026-05-18 B 3/5 4/5 5/5 4/5 1/5 1/5 1/5
2026-05-15 B 3/5 4/5 5/5 4/5 1/5 1/5 1/5
2026-05-14 B 3/5 4/5 5/5 4/5 1/5 1/5 1/5
2026-05-13 B 3/5 4/5 5/5 4/5 1/5 1/5 1/5
2026-05-12 B 3/5 4/5 5/5 4/5 1/5 1/5 1/5
2026-05-11 B 3/5 4/5 5/5 4/5 1/5 1/5 1/5
2026-05-08 B 3/5 4/5 5/5 4/5 1/5 1/5 1/5
2026-05-07 B 3/5 4/5 5/5 4/5 1/5 1/5 1/5
2026-05-06 B 3/5 4/5 5/5 4/5 1/5 1/5 1/5
2026-05-05 B 3/5 4/5 5/5 4/5 1/5 1/5 1/5
2026-05-04 B 3/5 4/5 5/5 4/5 1/5 1/5 1/5
2026-04-30 B 3/5 4/5 5/5 4/5 1/5 1/5 1/5
2026-04-29 B 3/5 4/5 5/5 4/5 1/5 1/5 1/5
2026-04-28 B 3/5 4/5 5/5 4/5 1/5 1/5 1/5
2026-04-27 B 3/5 4/5 5/5 4/5 1/5 1/5 1/5
2026-04-24 B 3/5 4/5 5/5 4/5 1/5 1/5 1/5
2026-04-23 B- 3/5 3/5 5/5 4/5 1/5 1/5 1/5
2026-04-22 C- 1/5 4/5 1/5 1/5 1/5 1/5 1/5
2026-04-21 C- 1/5 4/5 1/5 1/5 1/5 1/5 1/5
2026-04-20 C- 1/5 4/5 1/5 1/5 1/5 1/5 1/5
2026-04-17 C- 1/5 4/5 1/5 1/5 1/5 1/5 1/5
2026-04-16 C- 1/5 4/5 1/5 1/5 1/5 1/5 1/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
23.16B
OE per share TTM
81.24
Owner's Yield
4.12%
Maintenance CapEx ratio
87.88%
Maint CapEx / Avg PPE
51.1%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
—
Total invested
—
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

ETF Ownership

Top ETFs holding this stock Held by 1 ETFs in our universe
# ETF Weight Est. AUM exposure TER
1 Schwab Emerging Markets Equity ETF SCHE 0.02% 2.65M 0.06%

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
2.79M
Shares Outstanding
285.00M

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Amur Swaminathan Lakshminarayanan MD, Chief Executive Officer & Executive Director 192M male
Ganesh S. Lakshminarayanan Managing Director & CEO Designate — male
Genius Wong Executive Vice President of Core and Next-Gen Connectivity Services — female
Luu Pham Tri Executive Vice President of Corporate Strategy Head — male
Mansi Tiwari Somvanshi Global Head of Corporate Communications — female
Pathmal Gunawardana Head of Americas — male
Siddhartha Mundra Chief Financial Officer — male
Sivasamban Natarajan Executive Vice President, Global Operations Head — male
Sumeet Walia President & Chief Revenue Officer — male
Troy Reynolds Chief Legal & Compliance Officer — male
Aman Gupta Chief Human Resources Officer — male
Zubin Adil Patel Associate Vice President, Company Secretary & Compliance Officer — male
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
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