Tata Communications Limited

Telecommunication · Telecom - Services

NSE: TATACOMM BSE: 500483

₹1656.20

Sept. 30, 2026 · NSE · nse_bhavcopy

Peers in Telecom - Services

The largest companies in the same industry by market cap. This company ranks #5 of 20. PE, ROE, 1Y return and scores come from the daily/weekly precomputed snapshot.

Company	Market cap (₹ Cr)	PE (TTM)	ROE	1Y return	Div. yield	Quality	Valuation	Momentum
Bharti Airtel Limited	1,070,785	67.4	17.3%	-5.9%	1.37%	55	5	12
Vodafone Idea Limited	140,304	3.8	-96.6%	52.0%	—	14	100	28
Indus Towers Limited	98,456	13.8	18.0%	6.0%	3.75%	82	78	16
Bharti Hexacom Limited	71,225	39.1	24.2%	-14.2%	1.26%	69	31	12
Tata Communications Limited (this stock)	47,204	62.0	27.3%	2.7%	1.06%	39	0	29
HFCL Limited	34,748	63.6	6.7%	209.2%	0.09%	60	33	51
Railtel Corporation Of India Limited	8,526	24.6	15.3%	-30.8%	1.22%	72	39	49
Tata Teleservices (Maharashtra) Limited	6,705	180.5	1.1%	-37.8%	—	7	35	13

Valuation multiples

Current only. Market cap is the whole company's; sales/EBITDA are trailing-twelve-month standalone; debt and cash come from the latest filed standalone balance sheet (March 31, 2026). EBITDA = PBT + interest + depreciation.

Enterprise value

₹51,759 Cr

EV / EBITDA

21.4x

EV / Sales

7.00x

Market cap / Sales

6.39x

Earnings yield

1.61%

Quarterly Financials

Download CSV

Standalone Consolidated

↓ Negative

Quarterly Revenue

Jun 2026 quarterly revenue is Rs 1,915 Cr, down 1.7% YoY.

↓ Negative

Quarterly Net Profit

Jun 2026 quarterly net profit is Rs 104 Cr, down 23.4% YoY.

Period end	Revenue (₹ Cr)	PBT (₹ Cr)	Net profit (₹ Cr)	Basic EPS
June 30, 2026	1,839	139	104	₹3.6600
March 31, 2026	1,881	230	169	₹5.9200
Dec. 31, 2025	1,869	377	278	₹9.7500
Sept. 30, 2025	1,803	239	211	₹7.4000
June 30, 2025	1,823	168	136	₹4.7800
March 31, 2025	1,860	805	697	₹24.4600
Dec. 31, 2024	1,815	180	132	₹4.6200
Sept. 30, 2024	1,794	-168	-120	₹-4.2100
June 30, 2024	1,809	385	342	₹12.0000
March 31, 2024	2,004	230	174	₹6.1000
Dec. 31, 2023	2,005	55	-28	₹-0.9800
Sept. 30, 2023	2,008	218	164	₹5.7700
June 30, 2023	1,975	436	328	₹11.5100

Quarterly income statement (standalone, ₹ Cr)

Indicator	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23
Total income (before exceptional items)	1,915	1,984	2,191	1,870	1,948	1,938	1,886	1,833	1,889	2,108	2,070	2,054	2,184
Operating revenue	1,839	1,881	1,869	1,803	1,823	1,860	1,815	1,794	1,809	2,004	2,005	2,008	1,975
Other income	76	103	323	67	125	78	71	39	80	104	64	46	209
Operating expenses	1,365	1,392	1,418	1,352	1,466	1,499	1,393	1,385	1,404	1,532	1,514	1,558	1,485
Operating profit	474	490	450	451	357	362	421	409	404	472	492	450	490
Operating profit margin	25.8%	26.0%	24.1%	25.0%	19.6%	19.4%	23.2%	22.8%	22.3%	23.6%	24.5%	22.4%	24.8%
Depreciation	271	270	262	264	248	245	243	249	246	273	261	255	249
Interest	92	88	93	90	66	68	66	60	42	63	54	23	15
Exceptional items, gain / (loss)	-48	-5	-41	75	-0	679	-4	-307	189	-10	-186	—	2
Profit before tax	139	230	377	239	168	805	180	-168	385	230	55	218	436
Tax	34	61	99	28	32	108	48	-48	43	56	83	53	108
Net profit	104	169	278	211	136	697	132	-120	342	174	-28	164	328
EPS	3.66	5.92	9.75	7.40	4.78	24.46	4.62	-4.21	12.00	6.10	-0.98	5.77	11.51
Net profit (TTM)	762	794	1,322	1,176	845	1,051	528	368	652	639	327	564	635
EPS (TTM)	26.73	27.85	46.39	41.26	29.65	36.87	18.51	12.91	22.89	22.40	11.47	19.78	22.27

Total income excludes exceptional items, which are shown on their own row. Trendlyne and Screener fold exceptional items into revenue or other income, so their totals differ from this table by exactly that row.

Annual Financials

Year ended	Revenue (₹ Cr)	PBT (₹ Cr)	Net profit (₹ Cr)
March 31, 2026	7,376	1,014	794
March 31, 2025	7,278	1,202	1,051
March 31, 2024	7,992	940	639
March 31, 2023	7,236	981	666

Annual income statement (standalone, ₹ Cr; CAGR to the latest year)

Indicator	CAGR 3Y	CAGR 5Y	Mar 26	Mar 25	Mar 24	Mar 23	Mar 22	Mar 21	Mar 20	Mar 19	Mar 18	Mar 17
Total income (before exceptional items)	1.1%	4.2%	7,993^†	7,546^†	8,416^†	7,733^†	7,146^†	6,500^†	5,931^†	5,481^†	5,576^†	5,067^†
Operating revenue	0.6%	3.4%	7,376	7,278	7,992	7,236	6,587^†	6,225^†	5,750^†	5,355^†	5,121^†	5,068^†
Other income	—	—	618^†	268^†	424^†	497^†	558^†	275^†	180^†	126^†	455^†	-1^†
Operating expenses	—	—	5,628^†	5,682^†	6,088^†	5,390^†	4,632^†	4,242^†	4,178^†	4,163^†	3,982^†	3,852^†
Operating profit	-1.8%	-2.5%	1,748^†	1,596^†	1,904^†	1,846^†	1,956^†	1,984^†	1,572^†	1,192^†	1,139^†	1,217^†
Operating profit margin	—	—	23.7%^†	21.9%^†	23.8%^†	25.5%^†	29.7%^†	31.9%^†	27.3%^†	22.3%^†	22.2%^†	24.0%^†
Depreciation	—	—	1,044^†	984^†	1,038^†	996^†	916^†	973^†	977^†	891^†	830^†	765^†
Interest	—	—	337^†	236^†	156^†	90^†	89^†	107^†	55^†	36^†	40^†	31^†
Exceptional items, gain / (loss)	—	—	29^†	557^†	-194^†	-276^†	11^†	51^†	-346^†	-667^†	-234^†	808^†
Profit before tax	1.1%	-3.8%	1,014	1,202	940	981	1,520^†	1,229^†	374^†	-276^†	489^†	1,205^†
Tax	—	—	220^†	151^†	301^†	315^†	353^†	267^†	165^†	167^†	222^†	515^†
Net profit	6.0%	-3.8%	794	1,051	639	666	1,167^†	963^†	209^†	-442^†	267^†	690^†
EPS	6.0%	-3.8%	27.85^†	36.87^†	22.40^†	23.38^†	40.96^†	33.77^†	7.33^†	—	—	—

^† Derived: the sum of that fiscal year's four quarterly filings (a real annual filing is used wherever one exists). Checked against filed annual figures, the sum lands within 0.5% for about 94% of company-years.

Annual ratios (standalone)

Ratio	Mar 26	Mar 25	Mar 24	Mar 23	Mar 22	Mar 21	Mar 20	Mar 19	Mar 18	Mar 17
Operating margin	23.7%^†	21.9%^†	23.8%^†	25.5%^†	29.7%^†	31.9%^†	27.3%^†	22.3%^†	22.2%^†	24.0%^†
EBIT margin	18.3%^†	19.8%^†	13.7%^†	14.8%^†	24.4%^†	21.5%^†	7.5%^†	-4.5%^†	10.3%^†	24.4%^†
PBT margin	13.7%	16.5%	11.8%	13.6%	23.1%^†	19.7%^†	6.5%^†	-5.1%^†	9.6%^†	23.8%^†
Net margin	10.8%	14.4%	8.0%	9.2%	17.7%^†	15.5%^†	3.6%^†	-8.3%^†	5.2%^†	13.6%^†
Interest coverage	4.01x^†	6.10x^†	7.04x^†	11.90x^†	18.16x^†	12.52x^†	7.77x^†	-6.63x^†	13.13x^†	40.27x^†
Dividend payout	89.8%^†	45.3%^†	93.8%^†	88.5%^†	34.2%^†	11.8%^†	61.4%^†	—	—	—
Earnings retention	10.2%^†	54.7%^†	6.3%^†	11.5%^†	65.8%^†	88.2%^†	38.6%^†	—	—	—
Current ratio	0.57x	0.54x	—	—	—	—	—	—	—	—
Quick ratio	0.57x	0.53x	—	—	—	—	—	—	—	—
Debt to equity	0.45x	0.31x	—	—	—	—	—	—	—	—
Return on equity	7.5%	10.1%	—	—	—	—	—	—	—	—
Return on assets	3.7%	5.6%	—	—	—	—	—	—	—	—
Return on capital employed	10.1%^†	10.6%^†	—	—	—	—	—	—	—	—
Asset turnover	0.35x	0.39x	—	—	—	—	—	—	—	—

Margins and asset turnover use operating revenue (interest earned for banks, excluding other income), not total income. Liquidity, leverage and return ratios need a filed standalone balance sheet, which exists only for recent years; returns use year-end equity/assets. Dividend payout is shown only for companies with a dividend record. † = built from a summed fiscal year.

Revenue Mix

Data unavailable.

Cash Flow

Year ended	Operating (₹ Cr)	Investing (₹ Cr)	Financing (₹ Cr)	Capex (₹ Cr)	Free Cash Flow (₹ Cr)
March 31, 2026	1,504	-1,935	434	1,021	483
March 31, 2025	1,597	-1,381	-290	1,233	364
March 31, 2024	2,106	-3,500	1,410	1,405	701
March 31, 2023	2,087	-1,224	-710	1,019	1,068
March 31, 2022	2,173	-1,708	-563	1,224	949

Balance Sheet (standalone)

Year ended	Total Assets (₹ Cr)	Total Equity (₹ Cr)	Reserves (₹ Cr)	Borrowings, Current (₹ Cr)	Borrowings, Non-current (₹ Cr)	Current Assets (₹ Cr)	Current Liabilities (₹ Cr)	Cash & Equivalents (₹ Cr)	Net Block (₹ Cr)	Inventory (₹ Cr)
March 31, 2026	21,333	10,579	10,294	3,749	1,002	4,533	7,908	197	4,699	7
March 31, 2025	18,882	10,451	10,166	1,446	1,763	2,925	5,384	194	4,369	47
March 31, 2024	—	—	—	—	—	—	—	—	—	—
March 31, 2023	—	—	—	—	—	—	—	—	—	—
March 31, 2022	—	—	—	—	—	—	—	—	—	—

Financial charts

Trend charts drawn from the standalone income-statement and ratio tables above (oldest year on the left); a gap means that period has no figure. Annual years marked † in the tables are derived from four quarters.