Tata Communications
Tata Communications Ltd valuation: P/E, P/B and sector benchmarks.
Twelve years of multiples investors have paid for Tata Communications Ltd, framed against the sector median so the premium or discount is obvious at a glance.
Tata Communications Ltd trades at a P/E of 53.77× and P/B of 19.69×, against the Communication Services sector median P/E of 18.80×.
Valuation
Profitability
Growth
Financial Health
Tata Communications Ltd financials: P&L, balance sheet, cash flow, ratios.
Twelve years of audited numbers for Tata Communications Ltd, switchable between annual and quarterly views, consolidated or standalone.
Tata Communications Ltd reports its full P&L, balance sheet, cash flow and ratios on this page — current market capitalisation of ₹54,577.5 Cr and reported EPS of ₹36.58.
| Period | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | 16,651 | 16,525 | 17,068 | 17,100 | 16,725 | 17,838 | 20,969 | 23,109 | 24,803 |
| Other Income | 381 | 60 | 70 | 157 | 332 | 363 | 282 | 130 | 302 |
| Total Income | 17,031 | 16,585 | 17,138 | 17,257 | 17,057 | 18,201 | 21,251 | 23,239 | 25,104 |
| Gross Profit | 16,651 | 16,525 | 17,068 | 17,100 | 16,725 | 17,838 | 20,969 | 23,109 | 24,803 |
| +Operating Expenses | 14,359 | 13,780 | 13,779 | 12,840 | 12,498 | 13,520 | 16,739 | 18,540 | 19,980 |
| EBITDA | 2,291 | 2,745 | 3,289 | 4,261 | 4,227 | 4,318 | 4,230 | 4,569 | 4,822 |
| +Non-Operating Expenses | 1,875 | 2,466 | 2,438 | 2,659 | 2,571 | 2,771 | 2,878 | 4,013 | 3,490 |
| Profit Before Tax (PBT) | 46 | 343 | 140 | 1,609 | 2,000 | 2,063 | 1,163 | 2,070 | 1,438 |
| +Tax Expense | 355 | 273 | 227 | 355 | 522 | 297 | 214 | 486 | 432 |
| Profit After Tax (PAT) | -326 | -80 | -85 | 1,252 | 1,485 | 1,801 | 970 | 1,837 | 997 |
| Earnings Per Share (EPS) | -11.53 | -2.89 | -3.02 | 43.88 | 51.99 | 63.02 | 33.98 | 64.43 | 35.14 |
| Diluted Shares Outstanding (Nos.) | 29 | 29 | 29 | 29 | 29 | 29 | 29 | 29 | 29 |
| +Additional Disclosures | 16,034 | 15,651 | 15,918 | 15,830 | 14,802 | 15,638 | 19,838 | 21,961 | 23,657 |
| Sales Growth % | — | -0.76 | 3.29 | 0.19 | -2.20 | 6.66 | 17.55 | 10.20 | 7.33 |
| YoY Sales Growth % | — | -0.76 | 3.29 | 0.19 | -2.20 | 6.66 | 17.55 | 10.20 | 7.33 |
| Employee Cost % | 18 | 18 | 18 | 18 | 18 | 20 | 21 | 20 | 20 |
| Other Cost % | 68 | 65 | 63 | 57 | 57 | 56 | 59 | 61 | 61 |
| OPM % | 14 | 17 | 19 | 25 | 25 | 24 | 20 | 20 | 19 |
| Tax % | 778 | 80 | 162 | 22 | 26 | 14 | 18 | 24 | 30 |
| Profit Growth % | — | 75.30 | -5.47 | 1,575.33 | 18.63 | 21.30 | -46.16 | 89.44 | -45.73 |
| Gross Margin % | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| EBITDA Margin % | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest Coverage Ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Additional Fields | 385 | 677 | 931 | 1,947 | 2,022 | 2,056 | 1,760 | 1,977 | 1,996 |
Tata Communications segment analysis: revenue and profit mix.
Disclosed business segments at Tata Communications with their share of revenue and profit, switchable between consolidated and standalone reporting.
Tata Communications discloses revenue and profit across multiple business segments — toggle between consolidated and standalone views to see the mix.
Segment-wise Financial Analysis
Tata Communications Ltd investment thesis: bull case, bear case, and the flip lines.
Why someone would buy Tata Communications Ltd, why someone wouldn't, and the quantitative tripwires that would force the call to flip.
Tata Communications Ltd's investment case rests on 10 positive markers and 10 flagged concerns drawn from the latest reported filings.
What you're getting.
Robust ROE of 55.20% demonstrates high profitability and efficient capital utilization.
Substantial 58.9% promoter holding indicates strong insider confidence and aligned interests.
Consistent quarterly sales growth of 6.49% reflects healthy demand for services.
Healthy operating profit margin (OPM) of 19.40% shows strong core performance.
Impressive 5-year dividend growth rate of 25.84% signals shareholder returns.
What can break it.
Quarterly profit declined by 18.20%, indicating recent volatility in earnings.
High debt-to-equity ratio of 4.68 indicates substantial reliance on debt.
Elevated P/E ratio of 54.30 suggests potential overvaluation versus earnings.
Significant 5-day stock price fluctuations indicate high short-term volatility.
Declining FII holding (19.20% to 13.61%) signals waning international confidence.
What would change my mind.
Trim if P/E re-rates above 70 (~3.7× the sector multiple of 18.8). The valuation cushion thins from there.
Reassess if quarterly profit growth prints below 0% for two consecutive quarters. The bull case relies on compounding earnings.
Watch interest coverage if debt-to-equity climbs above 335.99. Balance sheet risk re-prices growth multiples fast.
Exit if ROE slips below 26%. The operating engine is no longer compounding capital efficiently.
Tata Communications Ltd peer comparison — same-sector benchmarks.
Same-sector listed peers ranked on P/E, market cap, dividend yield and growth — Tata Communications Ltd is highlighted for quick read-across.
Quick Compare
Tata Communications Ltd technical analysis: indicators, pivots and CPR.
Live RSI, MACD and moving-average signals plus today's pivot and Central Pivot Range levels for Tata Communications Ltd — derived from the live tape, not yesterday's close.
Tata Communications Ltd last traded at ₹1,913.6 with an intraday range of ₹1,890.2–₹1,951.9 — live indicator, pivot and CPR signals below.
Pivot points
Standard pivot — most widely referenced.
Pivot levels · Classic
Live: ₹1913.60| Level | Price (₹) | Distance | % Δ |
|---|---|---|---|
| R4 | 2070.33 | +156.73 | +8.19% |
| R3 | 2008.63 | +95.03 | +4.97% |
| R2 | 1980.27 | +66.67 | +3.48% |
| R1 | 1946.93 | +33.33 | +1.74% |
| PIVOT | 1918.57 | 4.97 | 0.26% |
| CURRENT | 1913.60 | — | — |
| S1 | 1761.83 | -151.77 | -7.93% |
| S2 | 1823.53 | -90.07 | -4.71% |
| S3 | 1856.87 | -56.73 | -2.96% |
| S4 | 1885.23 | -28.37 | -1.48% |
TATACOMM is trading Below CPR, indicating Bearishness
CPR is Average
Day's range: 1930.4 ~ 1948.9
Trading Below opening range, showing Bearishness
Tata Communications Ltd chart patterns: breakouts, tops and bottoms.
Auto-detected classical chart patterns for Tata Communications Ltd — Double Top/Bottom, Head & Shoulders, Triple Bottom and more — with break levels, targets and quality scores across Intraday, Daily and Weekly timeframes.
Tata Communications Ltd delivery volume — last 20 sessions of conviction.
Daily traded volume and delivery percentage for Tata Communications Ltd over 20 sessions — the gap between intraday flipping and genuine accumulation.
Latest session delivery in Tata Communications Ltd stood at 54.3% of traded volume, against a 20-day average of 42.9%.
Tata Communications announcements: results, concalls, ratings, M&A.
Filings Tata Communications sent to the exchanges, sequenced as they hit the tape — concall transcripts, results, credit ratings and presentations.
Tata Communications files concall transcripts, results, credit ratings and corporate-action notices on the NSE and BSE exchange portals — latest 129 documents below.
ESOP/ESOS/ESPS
Tata Communications Limited has informed the Exchange regarding allotment of 16,749 Equity Shares under Tata Communications Limited - Employee Stock…
General Updates
Tata Communications Limited has informed the Exchange about fire incident at a company which has leased our premises
Press Release
Tata Communications Limited has informed the Exchange regarding a press release dated Jun 04, 2026, titled "Global Enterprises Face AI Scaling…
General Updates
Tata Communications Limited has informed the Exchange about General Updates
General Updates
Tata Communications Limited has informed the Exchange about the Incorporation of a Wholly Owned Step - down subsidiary of the Company
Investor decks & rating reports.
Tata Communications dividend history, splits and bonus issues.
Every dividend, stock split and bonus issue Tata Communications has declared, sequenced by announce and record date.
Tata Communications corporate-action history below covers all declared dividends, stock splits and bonus issues recorded with NSE and BSE.
About Tata Communications Ltd: business, sector, key facts.
What Tata Communications Ltd does, where it operates, the people running it, and the numbers that describe the entity behind the ticker.
Tata Communications Ltd operates in the Communication Services, listed as NSE: TATACOMM, BSE: 500483.
Tata Communications Limited (TCL) is a global telecommunications company offering a wide range of services across various sectors. Its core business revolves around providing robust and reliable voice and data transmission, encompassing internet connectivity and a suite of value-added services. These value-added services include unified conferencing and collaboration tools, managed hosting solutions, mobile global roaming, transponder leasing, and television uplinking, demonstrating a commitment to integrated communication solutions.
Beyond basic connectivity, TCL offers a significant portfolio of specialized services. For the banking and financial sectors, it provides comprehensive solutions such as end-to-end ATM deployment, POS enablement, financial inclusion support, card issuance, and switching services. This highlights the company's expansion into specialized market segments and its capacity to deliver tailored solutions.
A key aspect of TCL's operations involves the provision of advanced networking services. This includes managed LAN/WAN solutions, private lines, business internet access, hybrid WAN architectures, and seamless cloud connectivity. Furthermore, they offer unified communications as a service, cloud solutions leveraging an Edge platform, and a robust cybersecurity suite encompassing cloud security, security assessments, consulting, threat detection and response, and network security, catering to the rising demand for secure and integrated IT infrastructure.
TCL's service offerings extend to the Internet of Things (IoT) with IoT fabric solutions encompassing connectivity, management, orchestration, and data analytics. In the wholesale market, they provide carrier services such as voice transport and termination, mobile messaging exchange, voice access services, strategic sourcing, and fraud prevention. Content delivery network (CDN) solutions, including video and secure content delivery, acceleration services, and programmable edge compute, round out their extensive service portfolio. Finally, TCL also engages in real estate activities, encompassing letting, leasing, licensing, and development of immovable properties.
Questions investors ask about Tata Communications Ltd (TATACOMM).
Quick answers grounded in this page's data — price action, fundamentals, ratios and ownership.
01What is the current share price of Tata Communications Ltd (TATACOMM)?
The current share price of Tata Communications Ltd (TATACOMM) is ₹1,913.6. Today, the stock has declined by ₹20.30 (1.05%), trading in a range of ₹1,890.2 to ₹1,951.9. The stock opened at ₹1,940 with a trading volume of 5,10,643 shares.
02Is Tata Communications Ltd stock a good investment for long-term?
Tata Communications Ltd can be considered for long-term investment based on several factors. The company has a market capitalization of ₹54,577.5 crores, P/E ratio of 53.77, ROE of 31.13%, and ROCE of 14.80%. The dividend yield stands at 0.89%. However, investment decisions should be based on your financial goals, risk appetite, and thorough research. It's recommended to consult with a SEBI-registered financial advisor before making investment decisions.
03What is the 52-week high and low price of Tata Communications Ltd stock?
The 52-week high price of Tata Communications Ltd (TATACOMM) is ₹2,049.9, while the 52-week low is ₹1,322.5. Currently trading at ₹1,913.6, the stock is 81.3% away from its 52-week low and 6.6% below its 52-week high. These levels help investors understand the stock's price volatility and trading range over the past year.
04Should I buy Tata Communications Ltd stock at the current price?
Whether to buy Tata Communications Ltd stock at ₹1,913.6 depends on multiple factors. The stock is currently trading with a P/E ratio of 53.77 and P/B ratio of 19.69. Today's performance shows a loss of 1.05%. Consider analyzing the company's fundamentals, technical indicators, industry trends, and your investment horizon. Compare these metrics with industry peers and consult a financial advisor for personalized advice.
05What is the dividend yield of Tata Communications Ltd and when is the next dividend?
Tata Communications Ltd offers a dividend yield of 0.89%, which means for every ₹100 invested at the current price of ₹1,913.6, you can expect to receive approximately ₹0.89 annually as dividends. The face value of the stock is ₹10.00. For information about the next dividend announcement and ex-dividend date, please check the company's official announcements or visit the BSE/NSE websites.
06What are the key financial ratios and metrics of Tata Communications Ltd?
Tata Communications Ltd's key financial metrics include: P/E Ratio: 53.77, P/B Ratio: 19.69, ROE: 31.13%, ROCE: 14.80%, Dividend Yield: 0.89%, EPS: ₹36.58, Book Value: ₹99.88, and Debt-to-Equity: 335.49. The company's market cap stands at ₹54,577.5 crores. These metrics help evaluate the company's valuation, profitability, and financial health.
07How is Tata Communications Ltd stock performing today in the market?
Tata Communications Ltd stock opened at ₹1,940 and is currently trading at ₹1,913.6, showing a decline of ₹20.30 (1.05%). The intraday high is ₹1,951.9 and low is ₹1,890.2. The trading volume stands at 5,10,643 shares, indicating moderate market participation today.
08What is the P/E ratio of Tata Communications Ltd and what does it indicate?
Tata Communications Ltd has a Price-to-Earnings (P/E) ratio of 53.77, which means investors are willing to pay ₹53.77 for every ₹1 of earnings. With an EPS of ₹36.58, this P/E ratio suggests the stock may be trading at a premium, possibly due to high growth expectations. Compare this with industry peers and historical P/E ratios for better context.
The data, ratios and commentary about Tata Communications Ltd (TATACOMM) on this page are published for educational and informational purposes only and are not investment, legal or tax advice. StockeZee is not a SEBI-registered investment adviser, research analyst or portfolio manager, and no content here should be construed as a recommendation to buy, hold or sell any security. Live and historical market data may be delayed, revised by the exchanges, or contain errors; figures sourced from third-party feeds and corporate disclosures may not always be current. Past performance is not indicative of future results, and equity investments carry the risk of capital loss. Before acting on anything you read here, please consult a SEBI-registered financial advisor and read all scheme-related documents carefully.
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