Share Price and Basic Stock Data
Last Updated: November 3, 2025, 8:41 pm
| PEG Ratio | 20.05 | 
|---|
Analyst Insight & Comprehensive Analysis
Business Overview and Revenue Trends
Tata Communications Ltd, operating in the Telecom Services industry, reported a price of ₹1,907 and a market capitalization of ₹54,341 Cr. The company has shown a robust revenue trajectory, with sales for the fiscal year ending March 2025 standing at ₹23,109 Cr, an increase from ₹20,969 Cr in March 2024. Quarterly sales figures also reflect a consistent upward trend, rising from ₹4,311 Cr in June 2022 to ₹5,645 Cr in March 2024. The latest quarter for June 2025 recorded sales of ₹5,960 Cr, indicating sustained revenue growth. This growth is further substantiated by the reported Operating Profit Margin (OPM) of 20.33% for March 2025, showcasing operational efficiency amidst increasing sales. Overall, the company demonstrates strong revenue growth, positioning itself favorably within the competitive telecom sector.
Profitability and Efficiency Metrics
Tata Communications reported a net profit of ₹1,837 Cr for the fiscal year ending March 2025, up from ₹970 Cr in March 2024. The net profit margin stood at 6.41% for March 2025, reflecting an improvement from the 4.52% recorded in March 2024. The company’s return on equity (ROE) was a noteworthy 60.78%, demonstrating its ability to generate high returns on shareholder investments. However, the return on capital employed (ROCE) decreased to 14.96% from 18.75% in the previous year, indicating a potential concern regarding the effective use of capital. The interest coverage ratio (ICR) stood at 6.45x, providing a comfortable buffer against interest obligations. Despite some fluctuations in profitability metrics, Tata Communications is maintaining a strong profit trajectory, although it may need to focus on enhancing its capital efficiency to sustain investor confidence.
Balance Sheet Strength and Financial Ratios
The balance sheet of Tata Communications reflects a total borrowings figure of ₹12,357 Cr, which is relatively high compared to its reserves of ₹2,736 Cr, indicating a leverage ratio that requires careful management. The debt-to-equity ratio stood at 3.60x for March 2025, suggesting that the company relies significantly on debt to finance its operations. The current ratio was reported at 0.57, indicating potential liquidity concerns, as a ratio below 1 suggests that current liabilities exceed current assets. However, the company has shown resilience with a strong interest coverage ratio of 6.45x, indicating that it can comfortably meet its interest expenses. Furthermore, the book value per share increased to ₹106.01 as of March 2025, up from ₹62.82 in March 2024, signaling positive growth in shareholder equity. Overall, while the balance sheet shows some weaknesses in liquidity and leverage, the firm maintains a solid equity base.
Shareholding Pattern and Investor Confidence
The shareholding pattern of Tata Communications reveals a stable promoter holding of 58.86%, reflecting confidence from the founding stakeholders. Foreign Institutional Investors (FIIs) held 16.99% as of March 2025, showing a slight decline from 19.20% in December 2023, indicating some reduction in foreign investment interest. Domestic Institutional Investors (DIIs) accounted for 14.51%, while public shareholders made up 9.63% of the total shareholding. The total number of shareholders stood at 1,91,741, which is an increase from 1,66,116 in December 2022, suggesting growing retail investor interest. This stable ownership structure, along with increasing shareholder numbers, indicates a positive sentiment towards the company. However, the decline in FII participation could raise questions about broader market confidence, necessitating close monitoring of investor sentiment moving forward.
Outlook, Risks, and Final Insight
Tata Communications is poised for continued growth driven by strong revenue trends and improved profitability metrics. However, potential risks include high leverage, as indicated by the debt-to-equity ratio of 3.60x, and liquidity concerns highlighted by a current ratio of 0.57. Additionally, volatility in foreign investments could impact stock performance, as seen in the declining FII ownership. The company’s focus on enhancing capital efficiency will be critical in mitigating these risks. Looking ahead, the firm could benefit from expanding its service offerings and enhancing operational efficiencies to sustain its growth momentum. With careful management of its balance sheet and strategic investments, Tata Communications has the potential to navigate the challenges and capitalize on opportunities in the evolving telecom landscape.
Source: Getaka Fundamental Analysis | Generated using proprietary financial data.
Competitors of Tata Communications Ltd
| Stock Name ⇩ | Market Cap ⇩ | Current Price ⇩ | High / Low ⇩ | Stock P/E ⇩ | Book Value ⇩ | Dividend Yield ⇩ | ROCE ⇩ | ROE ⇩ | Face Value ⇩ | 
|---|---|---|---|---|---|---|---|---|---|
| City Online Services Ltd | 3.21 Cr. | 6.22 | 11.0/5.14 | 40.2 | 0.15 | 0.00 % | 38.3 % | % | 10.0 | 
| Cistro Telelink Ltd | 4.83 Cr. | 0.94 | 0.94/0.73 | 0.55 | 0.00 % | 5.54 % | 5.54 % | 1.00 | |
| Vodafone Idea Ltd | 1,03,359 Cr. | 9.54 | 10.6/6.12 | 9.85 | 0.00 % | 1.93 % | % | 10.0 | |
| Uniinfo Telecom Services Ltd | 17.8 Cr. | 16.6 | 48.9/13.9 | 30.7 | 0.00 % | 0.97 % | 2.09 % | 10.0 | |
| Tejas Networks Ltd | 9,475 Cr. | 535 | 1,460/532 | 188 | 0.47 % | 15.5 % | 12.8 % | 10.0 | |
| Industry Average | 158,500.56 Cr | 365.09 | 44.37 | 144.29 | 0.20% | 14.53% | 16.28% | 8.54 | 
Quarterly Result
| Metric | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | 
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 4,311 | 4,431 | 4,528 | 4,569 | 4,771 | 4,872 | 5,588 | 5,645 | 5,592 | 5,728 | 5,798 | 5,990 | 5,960 | 
| Expenses | 3,233 | 3,301 | 3,451 | 3,534 | 3,747 | 3,857 | 4,435 | 4,569 | 4,456 | 4,598 | 4,617 | 4,868 | 4,823 | 
| Operating Profit | 1,077 | 1,130 | 1,077 | 1,034 | 1,024 | 1,015 | 1,153 | 1,076 | 1,137 | 1,129 | 1,181 | 1,122 | 1,137 | 
| OPM % | 25% | 26% | 24% | 23% | 21% | 21% | 21% | 19% | 20% | 20% | 20% | 19% | 19% | 
| Other Income | 234 | 113 | 31 | 62 | 191 | 25 | -212 | -32 | 85 | 29 | -7 | 926 | -46 | 
| Interest | 80 | 98 | 123 | 132 | 131 | 137 | 184 | 186 | 170 | 189 | 187 | 182 | 177 | 
| Depreciation | 537 | 552 | 555 | 618 | 580 | 605 | 603 | 651 | 634 | 648 | 637 | 672 | 666 | 
| Profit before tax | 694 | 593 | 431 | 345 | 504 | 298 | 154 | 207 | 417 | 321 | 350 | 1,193 | 249 | 
| Tax % | 23% | 11% | 10% | 8% | 26% | 26% | 74% | -52% | 21% | 30% | 36% | 15% | 26% | 
| Net Profit | 545 | 534 | 395 | 327 | 382 | 221 | 45 | 322 | 333 | 227 | 236 | 1,041 | 190 | 
| EPS in Rs | 19.08 | 18.68 | 13.82 | 11.44 | 13.39 | 7.74 | 1.57 | 11.27 | 11.68 | 7.97 | 8.28 | 36.50 | 6.67 | 
Last Updated: August 1, 2025, 9:25 pm
Below is a detailed analysis of the quarterly data for Tata Communications Ltd based on the most recent figures (Jun 2025) and their trends compared to the previous period:
- For Sales, as of Jun 2025, the value is 5,960.00 Cr.. The value appears to be declining and may need further review. It has decreased from 5,990.00 Cr. (Mar 2025) to 5,960.00 Cr., marking a decrease of 30.00 Cr..
 - For Expenses, as of Jun 2025, the value is 4,823.00 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 4,868.00 Cr. (Mar 2025) to 4,823.00 Cr., marking a decrease of 45.00 Cr..
 - For Operating Profit, as of Jun 2025, the value is 1,137.00 Cr.. The value appears strong and on an upward trend. It has increased from 1,122.00 Cr. (Mar 2025) to 1,137.00 Cr., marking an increase of 15.00 Cr..
 - For OPM %, as of Jun 2025, the value is 19.00%. The value remains steady. There is no change compared to the previous period (Mar 2025) which recorded 19.00%.
 - For Other Income, as of Jun 2025, the value is -46.00 Cr.. The value appears to be declining and may need further review. It has decreased from 926.00 Cr. (Mar 2025) to -46.00 Cr., marking a decrease of 972.00 Cr..
 - For Interest, as of Jun 2025, the value is 177.00 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 182.00 Cr. (Mar 2025) to 177.00 Cr., marking a decrease of 5.00 Cr..
 - For Depreciation, as of Jun 2025, the value is 666.00 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 672.00 Cr. (Mar 2025) to 666.00 Cr., marking a decrease of 6.00 Cr..
 - For Profit before tax, as of Jun 2025, the value is 249.00 Cr.. The value appears to be declining and may need further review. It has decreased from 1,193.00 Cr. (Mar 2025) to 249.00 Cr., marking a decrease of 944.00 Cr..
 - For Tax %, as of Jun 2025, the value is 26.00%. The value appears to be increasing, which may not be favorable. It has increased from 15.00% (Mar 2025) to 26.00%, marking an increase of 11.00%.
 - For Net Profit, as of Jun 2025, the value is 190.00 Cr.. The value appears to be declining and may need further review. It has decreased from 1,041.00 Cr. (Mar 2025) to 190.00 Cr., marking a decrease of 851.00 Cr..
 - For EPS in Rs, as of Jun 2025, the value is 6.67. The value appears to be declining and may need further review. It has decreased from 36.50 (Mar 2025) to 6.67, marking a decrease of 29.83.
 
Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.
Profit & Loss - Annual Report
Last Updated: October 15, 2025, 5:22 am
| Metric | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | 
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 17,714 | 19,913 | 18,149 | 17,620 | 16,772 | 16,525 | 17,068 | 17,100 | 16,725 | 17,838 | 20,969 | 23,109 | 23,476 | 
| Expenses | 15,708 | 16,919 | 15,714 | 15,214 | 14,359 | 13,780 | 13,779 | 12,840 | 12,498 | 13,520 | 16,739 | 18,540 | 18,907 | 
| Operating Profit | 2,006 | 2,994 | 2,434 | 2,406 | 2,412 | 2,745 | 3,289 | 4,261 | 4,227 | 4,318 | 4,230 | 4,569 | 4,569 | 
| OPM % | 11% | 15% | 13% | 14% | 14% | 17% | 19% | 25% | 25% | 24% | 20% | 20% | 19% | 
| Other Income | 717 | 291 | 82 | 1,294 | -116 | 62 | -321 | 82 | 338 | 440 | 47 | 1,033 | 903 | 
| Interest | 427 | 751 | 409 | 367 | 344 | 397 | 471 | 420 | 360 | 432 | 644 | 729 | 735 | 
| Depreciation | 1,852 | 2,161 | 1,864 | 1,866 | 1,906 | 2,068 | 2,358 | 2,314 | 2,205 | 2,262 | 2,470 | 2,592 | 2,623 | 
| Profit before tax | 444 | 373 | 243 | 1,467 | 46 | 343 | 140 | 1,609 | 2,000 | 2,063 | 1,163 | 2,281 | 2,113 | 
| Tax % | 77% | 99% | 96% | 16% | 778% | 80% | 162% | 22% | 26% | 14% | 18% | 21% | |
| Net Profit | 103 | 3 | 10 | 1,235 | -326 | -80 | -85 | 1,252 | 1,485 | 1,801 | 970 | 1,837 | 1,694 | 
| EPS in Rs | 3.56 | 0.05 | 0.30 | 43.26 | -11.53 | -2.89 | -3.02 | 43.88 | 51.99 | 63.02 | 33.98 | 64.43 | 59.42 | 
| Dividend Payout % | 126% | 12,151% | 1,412% | 14% | -39% | -156% | -133% | 32% | 40% | 33% | 49% | 39% | 
YoY Net Profit Growth
| Year | 2014-2015 | 2015-2016 | 2016-2017 | 2017-2018 | 2018-2019 | 2019-2020 | 2020-2021 | 2021-2022 | 2022-2023 | 2023-2024 | 2024-2025 | 
|---|---|---|---|---|---|---|---|---|---|---|---|
| YoY Net Profit Growth (%) | -97.09% | 233.33% | 12250.00% | -126.40% | 75.46% | -6.25% | 1572.94% | 18.61% | 21.28% | -46.14% | 89.38% | 
| Change in YoY Net Profit Growth (%) | 0.00% | 330.42% | 12016.67% | -12376.40% | 201.86% | -81.71% | 1579.19% | -1554.33% | 2.67% | -67.42% | 135.52% | 
Tata Communications Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2014-2015 to 2024-2025.
Growth
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 2% | 
| 5 Years: | 6% | 
| 3 Years: | 11% | 
| TTM: | 8% | 
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 67% | 
| 5 Years: | 33% | 
| 3 Years: | -3% | 
| TTM: | 13% | 
| Stock Price CAGR | |
|---|---|
| 10 Years: | 21% | 
| 5 Years: | 11% | 
| 3 Years: | 8% | 
| 1 Year: | -21% | 
| Return on Equity | |
|---|---|
| 10 Years: | % | 
| 5 Years: | % | 
| 3 Years: | 78% | 
| Last Year: | 55% | 
Last Updated: September 5, 2025, 4:00 am
Balance Sheet
Last Updated: July 25, 2025, 3:15 pm
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | 
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 285 | 285 | 285 | 285 | 285 | 285 | 285 | 285 | 285 | 285 | 285 | 285 | 
| Reserves | 515 | 36 | -648 | 1,307 | 214 | -467 | -1,563 | -170 | 643 | 1,233 | 1,501 | 2,736 | 
| Borrowings | 13,694 | 13,076 | 14,231 | 9,214 | 8,927 | 9,935 | 12,413 | 11,394 | 9,122 | 8,577 | 11,263 | 12,357 | 
| Other Liabilities | 10,456 | 10,798 | 11,230 | 10,228 | 10,131 | 10,198 | 10,996 | 9,797 | 9,588 | 10,424 | 11,316 | 11,065 | 
| Total Liabilities | 24,950 | 24,195 | 25,098 | 21,033 | 19,557 | 19,951 | 22,131 | 21,306 | 19,638 | 20,519 | 24,365 | 26,444 | 
| Fixed Assets | 14,914 | 14,704 | 14,444 | 10,929 | 10,797 | 11,289 | 12,768 | 11,520 | 10,936 | 10,500 | 13,467 | 13,919 | 
| CWIP | 653 | 638 | 800 | 751 | 520 | 361 | 349 | 493 | 852 | 1,148 | 1,327 | 1,100 | 
| Investments | 1,758 | 1,768 | 1,837 | 2,434 | 1,250 | 1,491 | 1,563 | 2,233 | 1,565 | 1,951 | 1,608 | 2,714 | 
| Other Assets | 7,625 | 7,086 | 8,017 | 6,920 | 6,990 | 6,809 | 7,451 | 7,060 | 6,284 | 6,921 | 7,963 | 8,711 | 
| Total Assets | 24,950 | 24,195 | 25,098 | 21,033 | 19,557 | 19,951 | 22,131 | 21,306 | 19,638 | 20,519 | 24,365 | 26,444 | 
Below is a detailed analysis of the balance sheet data for Tata Communications Ltd based on the most recent figures (Mar 2025) and their trends compared to the previous period:
- For Equity Capital, as of Mar 2025, the value is 285.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded 285.00 Cr..
 - For Reserves, as of Mar 2025, the value is 2,736.00 Cr.. The value appears strong and on an upward trend. It has increased from 1,501.00 Cr. (Mar 2024) to 2,736.00 Cr., marking an increase of 1,235.00 Cr..
 - For Borrowings, as of Mar 2025, the value is 12,357.00 Cr.. The value appears to be increasing, which may not be favorable. However, Borrowings exceed Reserves, which may signal higher financial risk. It has increased from 11,263.00 Cr. (Mar 2024) to 12,357.00 Cr., marking an increase of 1,094.00 Cr..
 - For Other Liabilities, as of Mar 2025, the value is 11,065.00 Cr.. The value appears to be improving (decreasing). It has decreased from 11,316.00 Cr. (Mar 2024) to 11,065.00 Cr., marking a decrease of 251.00 Cr..
 - For Total Liabilities, as of Mar 2025, the value is 26,444.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 24,365.00 Cr. (Mar 2024) to 26,444.00 Cr., marking an increase of 2,079.00 Cr..
 - For Fixed Assets, as of Mar 2025, the value is 13,919.00 Cr.. The value appears strong and on an upward trend. It has increased from 13,467.00 Cr. (Mar 2024) to 13,919.00 Cr., marking an increase of 452.00 Cr..
 - For CWIP, as of Mar 2025, the value is 1,100.00 Cr.. The value appears to be declining and may need further review. It has decreased from 1,327.00 Cr. (Mar 2024) to 1,100.00 Cr., marking a decrease of 227.00 Cr..
 - For Investments, as of Mar 2025, the value is 2,714.00 Cr.. The value appears strong and on an upward trend. It has increased from 1,608.00 Cr. (Mar 2024) to 2,714.00 Cr., marking an increase of 1,106.00 Cr..
 - For Other Assets, as of Mar 2025, the value is 8,711.00 Cr.. The value appears strong and on an upward trend. It has increased from 7,963.00 Cr. (Mar 2024) to 8,711.00 Cr., marking an increase of 748.00 Cr..
 - For Total Assets, as of Mar 2025, the value is 26,444.00 Cr.. The value appears strong and on an upward trend. It has increased from 24,365.00 Cr. (Mar 2024) to 26,444.00 Cr., marking an increase of 2,079.00 Cr..
 
However, the Borrowings (12,357.00 Cr.) are higher than the Reserves (2,736.00 Cr.), which may signal higher financial risk.
Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.
Cash Flow - No data available for this post.
Free Cash Flow
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | 
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Free Cash Flow | -11.00 | -11.00 | -12.00 | -7.00 | -6.00 | -7.00 | -9.00 | -7.00 | -5.00 | -4.00 | -7.00 | -8.00 | 
Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)
Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.
Financial Efficiency Indicators
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | 
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 56 | 46 | 61 | 54 | 64 | 66 | 69 | 56 | 56 | 56 | 65 | 63 | 
| Inventory Days | ||||||||||||
| Days Payable | ||||||||||||
| Cash Conversion Cycle | 56 | 46 | 61 | 54 | 64 | 66 | 69 | 56 | 56 | 56 | 65 | 63 | 
| Working Capital Days | -134 | -155 | -139 | -105 | -125 | -124 | -150 | -88 | -103 | -119 | -151 | -107 | 
| ROCE % | 4% | 8% | 7% | 23% | 8% | 8% | 9% | 18% | 22% | 24% | 18% | 15% | 
Mutual Fund Holdings
| Fund Name | No of Shares | AUM (%) | Amount Invested (Cr) | Previous Number of Shares | Previous Date | Percentage Change | 
|---|---|---|---|---|---|---|
| HDFC Mid-Cap Opportunities Fund - Regular Plan | 9,642,272 | 3.35 | 1603.75 | 9,642,272 | 2025-04-22 13:31:13 | 0% | 
| Axis Midcap Fund | 2,198,444 | 1.66 | 365.66 | 2,198,444 | 2025-04-22 17:25:36 | 0% | 
| Mirae Asset Emerging Bluechip Fund | 2,069,620 | 1.22 | 344.23 | 2,069,620 | 2025-04-22 17:25:36 | 0% | 
| Mirae Asset Midcap Fund | 1,739,986 | 2.46 | 289.4 | 1,739,986 | 2025-04-22 17:25:36 | 0% | 
| Kotak Equity Arbitrage Fund - Regular Plan | 1,051,000 | 0.6 | 174.81 | 1,051,000 | 2025-04-22 17:25:36 | 0% | 
| HSBC Midcap Fund | 841,900 | 1.75 | 140.03 | 841,900 | 2025-04-22 14:17:43 | 0% | 
| Quant Mid Cap Fund | 739,077 | 3.76 | 122.93 | 739,077 | 2025-04-22 14:17:43 | 0% | 
| Invesco India Arbitrage Fund | 697,000 | 1.34 | 115.93 | 697,000 | 2025-04-22 17:25:36 | 0% | 
| HDFC Large and Mid Cap Fund - Regular Plan | 602,722 | 0.84 | 100.25 | 602,722 | 2025-04-22 14:17:43 | 0% | 
| Tata Large & Mid Cap Fund - Regular Plan | 600,000 | 1.9 | 99.8 | 600,000 | 2025-04-22 14:17:43 | 0% | 
Key Financial Ratios
| Month | Mar 25 | Mar 24 | Mar 23 | Mar 22 | Mar 21 | 
|---|---|---|---|---|---|
| FaceValue | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 
| Basic EPS (Rs.) | 64.44 | 33.98 | 63.02 | 51.99 | 43.88 | 
| Diluted EPS (Rs.) | 64.39 | 33.97 | 63.02 | 51.99 | 43.88 | 
| Cash EPS (Rs.) | 142.99 | 119.97 | 141.36 | 129.21 | 125.18 | 
| Book Value[Excl.RevalReserv]/Share (Rs.) | 106.01 | 62.82 | 54.34 | 33.55 | 5.04 | 
| Book Value[Incl.RevalReserv]/Share (Rs.) | 106.01 | 62.82 | 54.34 | 33.55 | 5.04 | 
| Revenue From Operations / Share (Rs.) | 810.83 | 735.75 | 625.90 | 586.83 | 600.00 | 
| PBDIT / Share (Rs.) | 164.89 | 158.34 | 164.26 | 159.96 | 154.99 | 
| PBIT / Share (Rs.) | 73.94 | 71.68 | 84.90 | 82.61 | 73.81 | 
| PBT / Share (Rs.) | 72.62 | 40.81 | 72.40 | 70.17 | 56.44 | 
| Net Profit / Share (Rs.) | 52.04 | 33.32 | 61.99 | 51.85 | 43.99 | 
| NP After MI And SOA / Share (Rs.) | 64.43 | 33.98 | 63.02 | 51.99 | 43.88 | 
| PBDIT Margin (%) | 20.33 | 21.52 | 26.24 | 27.25 | 25.83 | 
| PBIT Margin (%) | 9.11 | 9.74 | 13.56 | 14.07 | 12.30 | 
| PBT Margin (%) | 8.95 | 5.54 | 11.56 | 11.95 | 9.40 | 
| Net Profit Margin (%) | 6.41 | 4.52 | 9.90 | 8.83 | 7.33 | 
| NP After MI And SOA Margin (%) | 7.94 | 4.61 | 10.06 | 8.85 | 7.31 | 
| Return on Networth / Equity (%) | 60.78 | 54.20 | 118.29 | 159.74 | 1083.17 | 
| Return on Capital Employeed (%) | 14.96 | 18.75 | 22.47 | 20.95 | 15.50 | 
| Return On Assets (%) | 6.90 | 3.94 | 8.73 | 7.53 | 5.86 | 
| Long Term Debt / Equity (X) | 2.32 | 2.66 | 3.30 | 6.46 | 76.97 | 
| Total Debt / Equity (X) | 3.60 | 5.66 | 4.96 | 8.51 | 84.89 | 
| Asset Turnover Ratio (%) | 0.90 | 0.92 | 0.88 | 0.36 | 0.34 | 
| Current Ratio (X) | 0.57 | 0.43 | 0.59 | 0.57 | 0.75 | 
| Quick Ratio (X) | 0.56 | 0.43 | 0.57 | 0.57 | 0.74 | 
| Dividend Payout Ratio (NP) (%) | 25.91 | 61.80 | 32.84 | 26.92 | 9.11 | 
| Dividend Payout Ratio (CP) (%) | 10.74 | 17.40 | 14.53 | 10.82 | 3.19 | 
| Earning Retention Ratio (%) | 74.09 | 38.20 | 67.16 | 73.08 | 90.89 | 
| Cash Earning Retention Ratio (%) | 89.26 | 82.60 | 85.47 | 89.18 | 96.81 | 
| Interest Coverage Ratio (X) | 6.45 | 7.01 | 10.82 | 12.65 | 10.51 | 
| Interest Coverage Ratio (Post Tax) (X) | 2.22 | 2.84 | 4.91 | 5.09 | 4.16 | 
| Enterprise Value (Cr.) | 55275.88 | 66599.82 | 41978.05 | 42182.74 | 39184.89 | 
| EV / Net Operating Revenue (X) | 2.39 | 3.18 | 2.35 | 2.52 | 2.29 | 
| EV / EBITDA (X) | 11.76 | 14.76 | 8.97 | 9.25 | 8.87 | 
| MarketCap / Net Operating Revenue (X) | 1.95 | 2.73 | 1.99 | 2.09 | 1.77 | 
| Retention Ratios (%) | 74.08 | 38.19 | 67.15 | 73.07 | 90.88 | 
| Price / BV (X) | 14.89 | 32.09 | 23.37 | 37.73 | 262.29 | 
| Price / Net Operating Revenue (X) | 1.95 | 2.73 | 1.99 | 2.09 | 1.77 | 
| EarningsYield | 0.04 | 0.01 | 0.05 | 0.04 | 0.04 | 
After reviewing the key financial ratios for Tata Communications Ltd, here is a detailed analysis based on the latest available data and recent trends:
- For FaceValue, as of Mar 25, the value is 10.00. This value is within the healthy range. There is no change compared to the previous period (Mar 24) which recorded 10.00.
 - For Basic EPS (Rs.), as of Mar 25, the value is 64.44. This value is within the healthy range. It has increased from 33.98 (Mar 24) to 64.44, marking an increase of 30.46.
 - For Diluted EPS (Rs.), as of Mar 25, the value is 64.39. This value is within the healthy range. It has increased from 33.97 (Mar 24) to 64.39, marking an increase of 30.42.
 - For Cash EPS (Rs.), as of Mar 25, the value is 142.99. This value is within the healthy range. It has increased from 119.97 (Mar 24) to 142.99, marking an increase of 23.02.
 - For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 106.01. It has increased from 62.82 (Mar 24) to 106.01, marking an increase of 43.19.
 - For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 106.01. It has increased from 62.82 (Mar 24) to 106.01, marking an increase of 43.19.
 - For Revenue From Operations / Share (Rs.), as of Mar 25, the value is 810.83. It has increased from 735.75 (Mar 24) to 810.83, marking an increase of 75.08.
 - For PBDIT / Share (Rs.), as of Mar 25, the value is 164.89. This value is within the healthy range. It has increased from 158.34 (Mar 24) to 164.89, marking an increase of 6.55.
 - For PBIT / Share (Rs.), as of Mar 25, the value is 73.94. This value is within the healthy range. It has increased from 71.68 (Mar 24) to 73.94, marking an increase of 2.26.
 - For PBT / Share (Rs.), as of Mar 25, the value is 72.62. This value is within the healthy range. It has increased from 40.81 (Mar 24) to 72.62, marking an increase of 31.81.
 - For Net Profit / Share (Rs.), as of Mar 25, the value is 52.04. This value is within the healthy range. It has increased from 33.32 (Mar 24) to 52.04, marking an increase of 18.72.
 - For NP After MI And SOA / Share (Rs.), as of Mar 25, the value is 64.43. This value is within the healthy range. It has increased from 33.98 (Mar 24) to 64.43, marking an increase of 30.45.
 - For PBDIT Margin (%), as of Mar 25, the value is 20.33. This value is within the healthy range. It has decreased from 21.52 (Mar 24) to 20.33, marking a decrease of 1.19.
 - For PBIT Margin (%), as of Mar 25, the value is 9.11. This value is below the healthy minimum of 10. It has decreased from 9.74 (Mar 24) to 9.11, marking a decrease of 0.63.
 - For PBT Margin (%), as of Mar 25, the value is 8.95. This value is below the healthy minimum of 10. It has increased from 5.54 (Mar 24) to 8.95, marking an increase of 3.41.
 - For Net Profit Margin (%), as of Mar 25, the value is 6.41. This value is within the healthy range. It has increased from 4.52 (Mar 24) to 6.41, marking an increase of 1.89.
 - For NP After MI And SOA Margin (%), as of Mar 25, the value is 7.94. This value is below the healthy minimum of 8. It has increased from 4.61 (Mar 24) to 7.94, marking an increase of 3.33.
 - For Return on Networth / Equity (%), as of Mar 25, the value is 60.78. This value is within the healthy range. It has increased from 54.20 (Mar 24) to 60.78, marking an increase of 6.58.
 - For Return on Capital Employeed (%), as of Mar 25, the value is 14.96. This value is within the healthy range. It has decreased from 18.75 (Mar 24) to 14.96, marking a decrease of 3.79.
 - For Return On Assets (%), as of Mar 25, the value is 6.90. This value is within the healthy range. It has increased from 3.94 (Mar 24) to 6.90, marking an increase of 2.96.
 - For Long Term Debt / Equity (X), as of Mar 25, the value is 2.32. This value exceeds the healthy maximum of 1. It has decreased from 2.66 (Mar 24) to 2.32, marking a decrease of 0.34.
 - For Total Debt / Equity (X), as of Mar 25, the value is 3.60. This value exceeds the healthy maximum of 1. It has decreased from 5.66 (Mar 24) to 3.60, marking a decrease of 2.06.
 - For Asset Turnover Ratio (%), as of Mar 25, the value is 0.90. It has decreased from 0.92 (Mar 24) to 0.90, marking a decrease of 0.02.
 - For Current Ratio (X), as of Mar 25, the value is 0.57. This value is below the healthy minimum of 1.5. It has increased from 0.43 (Mar 24) to 0.57, marking an increase of 0.14.
 - For Quick Ratio (X), as of Mar 25, the value is 0.56. This value is below the healthy minimum of 1. It has increased from 0.43 (Mar 24) to 0.56, marking an increase of 0.13.
 - For Dividend Payout Ratio (NP) (%), as of Mar 25, the value is 25.91. This value is within the healthy range. It has decreased from 61.80 (Mar 24) to 25.91, marking a decrease of 35.89.
 - For Dividend Payout Ratio (CP) (%), as of Mar 25, the value is 10.74. This value is below the healthy minimum of 20. It has decreased from 17.40 (Mar 24) to 10.74, marking a decrease of 6.66.
 - For Earning Retention Ratio (%), as of Mar 25, the value is 74.09. This value exceeds the healthy maximum of 70. It has increased from 38.20 (Mar 24) to 74.09, marking an increase of 35.89.
 - For Cash Earning Retention Ratio (%), as of Mar 25, the value is 89.26. This value exceeds the healthy maximum of 70. It has increased from 82.60 (Mar 24) to 89.26, marking an increase of 6.66.
 - For Interest Coverage Ratio (X), as of Mar 25, the value is 6.45. This value is within the healthy range. It has decreased from 7.01 (Mar 24) to 6.45, marking a decrease of 0.56.
 - For Interest Coverage Ratio (Post Tax) (X), as of Mar 25, the value is 2.22. This value is below the healthy minimum of 3. It has decreased from 2.84 (Mar 24) to 2.22, marking a decrease of 0.62.
 - For Enterprise Value (Cr.), as of Mar 25, the value is 55,275.88. It has decreased from 66,599.82 (Mar 24) to 55,275.88, marking a decrease of 11,323.94.
 - For EV / Net Operating Revenue (X), as of Mar 25, the value is 2.39. This value is within the healthy range. It has decreased from 3.18 (Mar 24) to 2.39, marking a decrease of 0.79.
 - For EV / EBITDA (X), as of Mar 25, the value is 11.76. This value is within the healthy range. It has decreased from 14.76 (Mar 24) to 11.76, marking a decrease of 3.00.
 - For MarketCap / Net Operating Revenue (X), as of Mar 25, the value is 1.95. This value is within the healthy range. It has decreased from 2.73 (Mar 24) to 1.95, marking a decrease of 0.78.
 - For Retention Ratios (%), as of Mar 25, the value is 74.08. This value exceeds the healthy maximum of 70. It has increased from 38.19 (Mar 24) to 74.08, marking an increase of 35.89.
 - For Price / BV (X), as of Mar 25, the value is 14.89. This value exceeds the healthy maximum of 3. It has decreased from 32.09 (Mar 24) to 14.89, marking a decrease of 17.20.
 - For Price / Net Operating Revenue (X), as of Mar 25, the value is 1.95. This value is within the healthy range. It has decreased from 2.73 (Mar 24) to 1.95, marking a decrease of 0.78.
 - For EarningsYield, as of Mar 25, the value is 0.04. This value is below the healthy minimum of 5. It has increased from 0.01 (Mar 24) to 0.04, marking an increase of 0.03.
 
Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.
Strength and Weakness
| Strength | Weakness | 
|---|---|
  | 
  | 
Stock Analysis
- Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Tata Communications Ltd:
-  Net Profit Margin: 6.41%
- Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
 
 -  ROCE: 14.96% (Industry Average ROCE: 14.53%)
- ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
 
 -  ROE%: 60.78% (Industry Average ROE: 16.28%)
- ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
 
 -  Interest Coverage Ratio (Post Tax): 2.22
- Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
 
 -  Quick Ratio: 0.56
- Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
 
 -  Stock P/E: 54.3 (Industry average Stock P/E: 44.37)
- Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
 
 -  Total Debt / Equity: 3.6
- Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
 
 
Stock Rating: -  Net Profit Margin: 6.41%
 
About the Company - Qualitative Analysis
| INDUSTRY | ADDRESS | CONTACT | 
|---|---|---|
| Telecom Services | VSB, Mahatma Gandhi Road, Fort, Mumbai Maharashtra 400001 | investor.relations@tatacommunications.com http://www.tatacommunications.com  | 
| Management | |
|---|---|
| Name | Position Held | 
| Mr. N Ganapathy Subramaniam | Chairman & Non-Exe.Director | 
| Mr. A S Lakshminarayanan | Managing Director & CEO | 
| Mr. Ankur Verma | Non Executive Director | 
| Mr. Ashok Sinha | Independent Director | 
| Mr. Krishnakumar Natarajan | Independent Director | 
| Ms. Sangeeta Anand | Independent Director | 
| Mr. P Jagdish Rao | Independent Director | 
| Mr. Sujit Kumar Varma | Independent Director | 
FAQ
What is the intrinsic value of Tata Communications Ltd?
Tata Communications Ltd's intrinsic value (as of 04 November 2025) is 2427.11 which is 27.68% higher the current market price of 1,901.00, indicating undervalued. Calculated using the PE ratio method, this valuation considers the company's 54,171 Cr. market cap, FY2025-2026 high/low of 2,004/1,291, reserves of ₹2,736 Cr, and liabilities of 26,444 Cr.
What is the Market Cap of Tata Communications Ltd?
The Market Cap of Tata Communications Ltd is 54,171 Cr..
What is the current Stock Price of Tata Communications Ltd as on 04 November 2025?
The current stock price of Tata Communications Ltd as on 04 November 2025 is 1,901.
What is the High / Low of Tata Communications Ltd stocks in FY 2025-2026?
In FY 2025-2026, the High / Low of Tata Communications Ltd stocks is 2,004/1,291.
What is the Stock P/E of Tata Communications Ltd?
The Stock P/E of Tata Communications Ltd is 54.3.
What is the Book Value of Tata Communications Ltd?
The Book Value of Tata Communications Ltd is 99.9.
What is the Dividend Yield of Tata Communications Ltd?
The Dividend Yield of Tata Communications Ltd is 1.32 %.
What is the ROCE of Tata Communications Ltd?
The ROCE of Tata Communications Ltd is 14.8 %.
What is the ROE of Tata Communications Ltd?
The ROE of Tata Communications Ltd is 55.2 %.
What is the Face Value of Tata Communications Ltd?
The Face Value of Tata Communications Ltd is 10.0.
