āagman

Not investment advice. Data and computed figures, for information only.

Tata Communications Ltd

NSE: TATACOMM
₹1,763.70
+₹104.80 (+6.32%)
NSE · 15 Oct 2026, close
NSE
As of 31 Mar 2026
Market Cap
₹47,230 Cr
CMP
₹1,763.70
52-wk High / Low
₹2,110 / 1,323
P/E
45.4
P/B
13.7
Book Value
₹121.0
Div Yield
1.06%
ROCE
15.0%
ROE
32.6%
Face Value
₹10
D/E
3.55

Price−5.7% over 1Y

āagman read

Computed by āagman
Derived from 12 years and 13 quarters of filings. Not reported by the company.
As of 15 Oct 2026
How we compute these
Piotroski F-Score
6
/ 9
6 of 9 F-score tests passed
Graham Number
₹309
√(22.5 × EPS × book value per share)
ROIC
9.1%
vs 4.9% sector median
Cash flow to profit
4.49
CFO / PAT
Above 1.0 = operating cash flow exceeded reported profit
Margin change
−39
bps OPM YoY
Operating margin vs the same quarter last year
Sustainable growth
16.9%
ROE × earnings retention ratio
ROE stability
47.8
pp σ
Standard deviation of ROE across periods. Lower = more stable
Holder deltas
QoQ
pp
Prom +0.00FII −0.69DII +0.71
Latest quarter vs the previous one
Cash-accrual divergence
−12.7%
of assets
Low = accruals track cash flow
Strengths
+ROCE has stayed above the sector median for 5 consecutive years (weakest: 15% vs the 2025 sector median of 14%)
+Price trades above its 200-day moving average (1.0x)
Watch-outs

Peer comparison

Peers
NameP/EMar Cap ₹ CrROCE %ROE %

Quarterly results

Consolidated basis (as filed) · ₹ Cr · 13 quarters
As of 30 Jun 2026
Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales4,7714,8725,5885,6455,5925,7285,7985,9905,9606,1006,1896,5546,583
Expenses3,7473,8574,4354,5694,4564,5984,6174,8684,8234,9264,9615,2705,353
Operating Profit1,0241,0151,1531,0761,1371,1291,1811,1221,1371,1741,2281,2841,230
OPM %21.5%20.8%20.6%19.1%20.3%19.7%20.4%18.7%19.1%19.2%19.8%19.6%18.7%
Other Income19125−212−328529−7926−46−3818363−93
Interest131137184186170189187182177202201182186
Depreciation580605603651634648637672666679751731739
Profit before tax5042981542074173213501,193249255458434211
Net Profit382221453223332272361,041190183364259130
EPS (₹)13.397.741.5711.2711.687.978.2836.506.676.4212.829.244.71

Profit & Loss

As of 30 Jun 2026
Consolidated · ₹ Cr · 12 years + TTM
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales19,91318,14917,62016,77216,52517,06817,10016,72517,83820,96923,10924,80325,426
Expenses16,91915,71415,21414,35913,78013,77912,84012,49813,52016,73918,54019,98020,510
Operating Profit2,9942,4342,4062,4122,7453,2894,2614,2274,3184,2304,5694,8224,916
OPM %15.0%13.4%13.7%14.4%16.6%19.3%24.9%25.3%24.2%20.2%19.8%19.4%19.3%
Other Income291821,294−11662−32182338440471,033162114
Interest751409367344397471420360432644729762771
Depreciation2,1611,8641,8661,9062,0682,3582,3142,2052,2622,4702,5922,8272,900
Profit before tax3732431,467463431401,6092,0002,0631,1632,2811,3961,358
Net Profit3101,235−326−80−851,2521,4851,8019701,837997936
EPS (₹)0.050.3043.26−11.53−2.89−3.0243.8851.9963.0233.9864.4335.1433.19

Balance Sheet

As of 30 Jun 2026
Consolidated · ₹ Cr
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026Jun 2026
Equity Capital285285285285285285285285285285285285—
Reserves36−6481,307214−467−1,563−1706431,2331,5012,7363,162—
Borrowings13,07614,2319,2148,9279,93512,41311,3949,1228,57711,26312,35712,249—
Other Liabilities10,79811,23010,22810,13110,19810,9969,7979,58810,42411,31611,06512,591—
Total Liabilities24,19525,09821,03319,55719,95122,13121,30619,63820,51924,36526,44428,287—
Fixed Assets14,70414,44410,92910,79711,28912,76811,52010,93610,50013,46713,91915,481—
CWIP6388007515203613494938521,1481,3271,100850—
Investments1,7681,8372,4341,2501,4911,5632,2331,5651,9511,6082,7142,297—
Other Assets7,0868,0176,9206,9906,8097,4517,0606,2846,9217,9638,7119,659—
Total Assets24,19525,09821,03319,55719,95122,13121,30619,63820,51924,36526,44428,287—

Cash Flows

As of 31 Mar 2026
Consolidated · ₹ Cr
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity3,0282,3632,3941,7131,8442,5253,1804,2044,3843,1822,9114,479
Cash from Investing Activity−1,908−2,313940−500−2,284−1,521−2,007−894−1,836−2,641−2,173−1,434
Cash from Financing Activity−1,388−9−3,276−959−28−942−1,205−3,431−2,241−813−936−2,937
Net Cash Flow−2684158254−46761−32−121308−272−198108

Ratios

As of 31 Mar 2026
12 periods
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
ROCE %8.07.023.08.08.09.018.022.024.018.015.015.0
ROE %———————————32.6
EPS (₹)0.050.3043.26−11.53−2.89−3.0243.8851.9963.0233.9864.4335.14
Book Value (₹)———————————121.0
Face Value (₹)———————————10
P/E———————————45.4
Div Yield %———————————1.06
NPM %0.00.16.5−2.0−0.5−0.57.38.79.94.67.64.0
OPM %15.013.014.014.017.019.025.025.024.020.020.019.0
D/E40.74—5.7917.89——99.089.835.656.314.093.55
P/B———————————13.7

Growth

As of 11 Oct 2026
Compounded sales growth
10 years+3.0%
5 years+8.0%
3 years+12.0%
TTM+8.0%
Compounded profit growth
10 years+49.0%
5 years−4.0%
3 years−15.0%
TTM+0.0%
Stock price CAGR
10 years+15.0%
5 years+4.0%
3 years−3.0%
Last year−11.0%
Return on equity
5 years74.0%
3 years48.0%
Last year33.0%

Shareholding pattern

As of 31 Mar 2026
Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Promoters74.99%74.99%74.99%74.99%74.99%58.86%58.86%58.86%58.86%58.86%58.86%58.86%
FIIs11.43%11.43%14.09%18.15%17.48%24.40%19.38%16.99%18.24%16.99%14.44%13.75%
DIIs7.84%7.84%4.91%2.19%1.52%7.53%11.49%14.02%13.14%14.51%19.14%19.85%
Government0.18%0.18%0.18%0.27%0.27%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
Public5.55%5.55%5.82%4.40%5.75%9.21%10.26%10.11%9.77%9.63%7.56%7.53%
No. of shareholders52,16152,16161,27153,68754,52891,6611,44,9791,82,9401,93,1571,91,7411,75,9461,72,357
Change since Jun 2023 (pp)
Promoters −16.13FIIs +2.32DIIs +12.01Public +1.98

Documents

As of 11 Oct 2026
Announcements
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationBoard Meeting Intimation for Unaudited Financial Results For The Quarter And Half Year Ended September 30, 2026.Announcement under Regulation 30 (LODR)-Change in DirectorateAnnouncement under Regulation 30 (LODR)-Press Release / Media ReleaseIntimation Regarding Issuance, Allotment And Listing Of Commercial Paper Amounting To Rs. 550 Crore
Annual reports
Annual Report 2026Annual Report 2025Annual Report 2024Annual Report 2023Annual Report 2022
Credit ratings
Rating updateRating updateRating updateRating updateRating update
Concalls
Jul 2026TranscriptJul 2026PPTApr 2026TranscriptApr 2026RecordingJan 2026TranscriptJan 2026RecordingOct 2025RecordingAug 2025TranscriptAug 2025Recording

Corporate actions

As of 19 Jun 2026
19 Jun 2026DIVIDENDDividend - Rs 17.50 Per Share—
19 Jun 2025DIVIDENDDividend - Rs 25 Per Share—
1 Jul 2024DIVIDENDDividend - Rs 16.70 Per Share—
26 Jun 2023DIVIDENDAnnual General Meeting/Dividend - Rs 21 Per Share—
10 Jun 2022DIVIDENDAnnual General Meeting/Dividend - Rs 20.70 Per Share—
17 Jun 2021DIVIDEND Annual General Meeting/Dividend - Rs 14 Per Share—
20 Aug 2020DIVIDEND Annual General Meeting/Dividend - Rs 4 Per Share—
17 Sep 2019DEMERGER Demerger—
25 Jul 2019DIVIDEND Annual General Meeting/Dividend - Rs 4.50 Per Share—
1 Aug 2018DIVIDEND Dividend- Rs 4.50 Per Share—
16 Jun 2017DIVIDEND Annual General Meeting / Dividend - Rs 4.50 Per Share / Special Dividend Rs 1.50 Per Share—
21 Jul 2016DIVIDEND Dividend - Rs 4.30/- Per Share—
23 Sep 2015DIVIDEND Annual General Meeting/ Dividend - Rs 5.50/- Per Share—
30 Jul 2014DIVIDENDAnnual General Meeting / Dividend - Rs 4.50/- Per Share—
17 Jul 2013DIVIDENDAnnual General Meeting/Dividend Rs 3/- Per Share—
16 Jul 2012DIVIDENDAnnual General Meeting/Dividend Rs.2 Per Share—
28 Sep 2011DIVIDENDDividend-Rs.2/- Per Share—
Fundamentals from a third-party compiler of exchange filings; prices from the exchanges. Not investment advice.© 2026 āagman