Flash Finance

Tata Communications LimitedTATACOMMCorporate

Communication Services Telecom Services Latest results: Sep 2026 16 quarters of data
Consolidated Standalone
₹1,742.80
MCap ₹49,685 Cr · P/E 73.4
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AI-assisted data: figures and text on this page are extracted from public quarterly filings with AI assistance, checked automatically and overseen by our editorial team (human in the loop). They may still contain errors or omissions. Verify critical numbers against official company / SEBI / NSE / BSE filings before making any decision. Educational information only, not financial advice.
₹1,854 Cr
Sales · Sep 2026
+2.9% YoY
₹471 Cr
Operating Profit · Sep 2026
+4.5% YoY
25.4%
OPM % · Sep 2026
+1.6% YoY
₹126 Cr
Net Profit · Sep 2026
-40.3% YoY
₹4.42
EPS · Sep 2026
-40.3% YoY

📝 Tata Communications Limited — results explained

Quarter ended September 2026 (Q2 FY27)

Tata Communications Limited reported revenue of ₹1,854 crore for the quarter ended September 2026 (Q2 FY27), up 2.9% from ₹1,803 crore in the same quarter last year, and up 0.8% sequentially over the June 2026 quarter.

Net profit fell 40.3% year-on-year to ₹126 crore, from ₹211 crore. Earnings per share (EPS) came in at ₹4.42.

Operating profit stood at ₹471 crore — an operating margin (OPM) of 25.4%, compared with 25.0% in the year-ago quarter.

Full year and trailing twelve months

For the full year FY26, Tata Communications Limited posted revenue of ₹7,375 crore, a growth of 1.3% over FY25, with a net profit of ₹794 crore (down 24.4% year-on-year).

On a trailing-twelve-month (TTM) basis, revenue stands at ₹7,442 crore with a net profit of ₹677 crore.

Valuation snapshot

At the current price of ₹1,742.80, TATACOMM has a market capitalisation of ₹49,685 crore and a trailing P/E of about 73.4.

Within the Telecom Services industry, it is the 5th-largest of the 5 companies we track by market value.

Shareholding pattern

As of Sep 2026, promoters held 58.85%, foreign institutional investors (FIIs) 13.54%, domestic institutional investors (DIIs) 20.21%, public shareholders 7.41% of Tata Communications Limited.

📈 Share price & events

📊 Quarterly trend

₹ crore · OPM % on right axis

🎯 Key metrics

price-linked ratios use the latest close
Valuation
Market Cap ?
₹49,685 Cr
Current Price ?
₹1,742.8
P/E ?
73.37above ind
Industry P/E ?
39.00
P/B ?
4.70
P/S ?
6.68
P/FCF ?
100.99
Enterprise Value ?
₹55,172 Cr
EV/EBITDA ?
29.27
PEG ?
N/A
Earnings Yield ?
1.5%
Dividend Yield ?
1.00%
Profitability & Returns
Sales (TTM) ?
₹7,442 Cr
OPM ?
25.3%
Profit after tax (TTM) ?
₹677 Cr
EPS (TTM) ?
₹23.75
ROCE ?
9.0%
ROE ?
6.4%
ROA ?
3.2%
Growth
Sales — latest qtr ?
₹1,854 Cr
PAT — latest qtr ?
₹126 Cr
YoY qtr sales growth ?
2.9%
YoY qtr profit growth ?
-40.3%
Sales growth (3y) ?
1%
Sales growth (5y) ?
3%
Profit growth (3y) ?
-3%
Profit growth (5y) ?
-4%
Financial Health
Debt ?
₹5,487 Cr
Debt to Equity ?
0.52
Interest Coverage ?
2.1
Current Ratio ?
N/A
Ownership
Promoter holding ?
58.85%
Change in promoter holding ?
-0.01%
Pledged percentage ?
N/A
Market
Return 3 months ?
-4.1%
Return 6 months ?
14.6%

🗓️ Quarterly results (16 quarters · ₹ Cr)

same fiscal quarter as Sep bestweakest per row · for costs (interest, NPAs) low is best
Metric Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Sep 2026 YoY % QoQ %
Sales 1,8441,8971,9752,0082,0052,0041,8091,7941,8151,8601,8231,8031,8691,8811,8391,854 +2.9% +0.8%
Operating Profit 461465490450492472404409421362357451450490474471 +4.5% -0.7%
Other Income 759620946641048039717812567323987673 +9.1% -3.4%
Interest 21201523546342606668669093889294 +5.1% +2.5%
Depreciation 237295249255261273246249243245248264262270271276 +4.7% +2.0%
Profit Before Tax 278-7643621855230385-168180805168239377230139169 -29.5% +21.4%
Net Profit 209-138328164-28174342-120132697136211278169104126 -40.3% +20.5%
EPS 7.33-4.8311.515.77-0.986.1012.00-4.214.6224.464.787.409.755.923.664.42 -40.3% +20.8%
OPM % 25.0% 24.5% 24.8% 22.4% 24.5% 23.6% 22.3% 22.8% 23.2% 19.4% 19.6% 25.0% 24.1% 26.0% 25.8% 25.4% +1.6% -1.6%

📆 Annual results (₹ Cr, FY = Apr–Mar)

Metric FY25 FY26 TTM YoY %
Sales ₹7,278 Cr ₹7,375 Cr ₹7,442 Cr +1.3%
Operating Profit ₹1,596 Cr ₹1,748 Cr ₹1,885 Cr +9.5%
OPM % 21.93% 23.71% 25.33% +8.1%
NPM % 14.44% 10.77% 9.10% -25.4%
Other Income ₹268 Cr ₹613 Cr ₹570 Cr +128.3%
Depreciation ₹984 Cr ₹1,044 Cr ₹1,079 Cr +6.1%
Interest ₹236 Cr ₹337 Cr ₹368 Cr +42.9%
EBIT ₹612 Cr ₹704 Cr ₹806 Cr +15.0%
PBT ₹1,202 Cr ₹1,014 Cr ₹915 Cr -15.6%
Tax ₹151 Cr ₹159 Cr ₹176 Cr +5.3%
Net Profit ₹1,051 Cr ₹794 Cr ₹677 Cr -24.4%
EPS ₹36.87 ₹27.85 ₹23.75 -24.5%
Material Cost ₹1,401 Cr — ₹643 Cr —
Employee Cost ₹1,539 Cr ₹1,216 Cr ₹1,220 Cr -21.0%
Extraordinary Items ₹557 Cr ₹34 Cr ₹-94 Cr -93.8%

🏛️ Balance Sheet (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Equity Capital 285285285285 +0.0%
Reserves 9,5769,60510,16610,294 +1.3%
Borrowings 9623,1763,9025,487 +40.6%
Other Liabilities 4,4424,7174,5295,267 +16.3%
Total Liabilities 15,26517,78418,88221,333 +13.0%
Fixed Assets 5,0055,3345,2295,771 +10.4%
CWIP 701731648414 -36.1%
Investments 4,4176,0837,0957,774 +9.6%
Other Assets 5,1425,6365,9107,375 +24.8%
Total Assets 15,26517,78418,88221,333 +13.0%

📦 Working Capital (latest 1 periods)

Metric Sep 2026 % Chg
Inventories 19 —
Trade Receivables 1,357 —

💧 Cash Flow (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Cash from Operating Activity 2,0872,1061,5971,504 -5.8%
Cash from Investing Activity -1,224-3,500-1,381-1,935 -40.1%
Cash from Financing Activity -7101,410-290434 +249.7%
Net Cash Flow 15316-743 +104.1%
Free Cash Flow 1,074709368492 +33.7%
CFO/OP 120%114%120%101% -15.8%

💧 Half-year Cash Flow (latest 1 periods)

Metric Sep 2026 % Chg
Cash from Operating Activity 741 —
Cash from Investing Activity 1,244 —
Net Cash Flow 1,985 —

➗ Ratios (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Debtor Days 59566068 +13.3%
Cash Conversion Cycle 59566068 +13.3%
Working Capital Days -121-142-174-179 -2.9%
ROCE % 12%11%6%9% +50.0%

👥 Shareholding (latest 6 periods)

Metric Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Sep 2026 % Chg
Promoters 58.86%58.86%58.86%58.86%58.86%58.85% -0.0%
FIIs 17.17%13.61%14.46%14.44%13.75%13.54% -1.5%
DIIs 14.83%19.03%18.49%19.14%19.86%20.21% +1.8%
Public 9.14%8.50%8.19%7.56%7.53%7.41% -1.6%
No. of Shareholders 1,91,4991,86,9481,82,1231,75,9461,72,3571,66,935 -3.1%

⚖️ Peer comparison

Industry: Telecom Services · 5 companies · full page →
# Company CMP MCap (Cr) P/E Sales TTM NP TTM OPM% NPM% Sales YoY% NP YoY% Qtr Rev Δ% Qtr NP Δ%
1 BHARTIARTL Bharti Airtel ₹1,831.10 1,142,361 37.7 220,049 36,412 56.9% 16.5% 22.0% -9.8% 18.4% 34.9%
2 IDEA Vodafone Idea ₹14.97 162,190 4.3 45,539 37,406 42.7% 82.1% 3.0% 226.2% 6.0% 43.2%
3 INDUSTOWER Indus Towers ₹388.00 102,323 14.3 32,867 7,152 54.8% 21.8% 7.9% -28.1% 4.6% 0.5%
4 BHARTIHEXA BHARTI HEXACOM ₹1,546.10 77,305 42.4 9,601 1,824 52.6% 19.0% 9.4% 16.1% 10.9% 23.2%
5 TATACOMM Tata Communications ₹1,755.20 50,038 45.6 26,014 1,089 19.9% 4.2% 7.0% -45.7% 9.6% 83.2%
❓ Frequently asked questions
What was Tata Communications Limited's revenue in Q2 FY27?
Tata Communications Limited reported revenue of ₹1,854 crore for the quarter ended September 2026 (Q2 FY27), up 2.9% from ₹1,803 crore in the same quarter last year, and up 0.8% sequentially over the June 2026 quarter.
What was Tata Communications Limited's net profit in Q2 FY27?
Net profit fell 40.3% year-on-year to ₹126 crore, from ₹211 crore. Earnings per share (EPS) came in at ₹4.42.
What is TATACOMM's market capitalisation and P/E ratio?
At the current price of ₹1,742.80, TATACOMM has a market capitalisation of ₹49,685 crore and a trailing P/E of about 73.4.
Who owns Tata Communications Limited? (shareholding pattern)
As of Sep 2026, promoters held 58.85%, foreign institutional investors (FIIs) 13.54%, domestic institutional investors (DIIs) 20.21%, public shareholders 7.41% of Tata Communications Limited.
TTM ends 2026-09-30. Amounts are ₹ crore unless stated otherwise. Figures are extracted by AI from public quarterly filings; gaps are filled from public market data. Live price refreshed about twice a day from exchange data. Educational information only — not financial advice.
⚠️ How this site is made: Market data pages are computed automatically from NSE/BSE publications and company filings; news articles and announcement analyses are written with AI assistance, with a human in the loop: our editors review what the AI produces. Both can contain errors. Verify with the original sources before any investment decision. Not investment advice; Flash Finance is not SEBI-registered. How we use AI