Tata Communications share price
NSE: TATACOMMBSE: 500483Telecom - ServicesMid Cap
Share price at the NSE close on 28 Oct 2026. Previous close ₹1,713.50.
28 Oct: open ₹1,713.50, high ₹1,744.80, low ₹1,679.90
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies. Market capitalisation: how it is worked out
- ₹47,923 Cr201st largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. Price to earnings, trailing: how it is worked out
- 43.42
- P/E without one-offsPrice to earnings without one-off items. Market cap divided by core profit: the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, less one-off items (exceptional items and the result of businesses sold or closed). Shown where the one-off items move that profit by more than a tenth. The last twelve months' profit includes −₹199 crore of one-off items, the largest of them in the quarter to Jun 2026.
- 36.77
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. Price to book: how it is worked out
- 14.09
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- 1.04%
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it.
- 35.3%
- ROE without one-offsReturn on equity without one-off items. Core profit, the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders less one-off items (exceptional items and the result of businesses sold or closed), as a percentage of the same net worth as the return on equity. Shown where the one-off items move that profit by more than a tenth. The last twelve months' profit includes −₹199 crore of one-off items, the largest of them in the quarter to Jun 2026.
- 41.7%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet.
- 14.2%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Sep 2026.
- 3.29
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day. Volume in the glossary
- 1,33,94158.3% delivered
About Tata Communications
Tata Communications Limited is a Mumbai-based communications technology company that sells network connectivity, cloud, cybersecurity, collaboration and media services to businesses around the world.12 Its customers are enterprises, including cloud and internet content companies, and telecom service providers, which it serves over its global network.34
It groups its offerings into a network fabric of connectivity, a cloud and security fabric, and an interaction fabric of customer engagement, IoT (internet of things) and mobility platforms, and provides media services to broadcasters, streaming platforms and content owners.567 At the end of March 2026 it had 66 subsidiaries and 3 associates (companies it part-owns with significant influence), including STT Global Data Centres India Private Limited.89
It was incorporated in 1986 to take over the government's Overseas Communications Service, and the Tata group acquired a 25% stake in 2002.210 It acquired Tyco and Teleglobe in 2005-06 to establish a global presence, and the Government of India sold its entire 26.12% stake in 2021.11 In 2023 it acquired The Switch, a media business, and Kaleyra, now part of its customer interaction suite.12
Its promoters include the Tata group companies Panatone Finvest Limited, the group's investment vehicle, and Tata Sons Private Limited; promoters together held 58.87% of the shares at the end of March 2026.1314
Tata Communications key points
Results
- In the quarter to Sep 2026, consolidated revenue was ₹6,688 crore, up 9.6% on a year earlier, partly from currency movements; excluding currency effects, data revenue grew about 6%. Profit after tax attributable to shareholders was ₹341 crore, up 86%.1516
- Consolidated EBITDA for the quarter to Sep 2026 (earnings before interest, tax, depreciation and amortisation) was ₹1,422 crore, up 21.2%, a margin of 21.3%.17
- In the year to Mar 2026, consolidated revenue rose 7.3% to ₹24,803 crore and EBITDA rose 5.5% to ₹4,822 crore, a margin of 19.4%.18
- Consolidated profit after tax fell in the year to Mar 2026, mainly because the year before included gains from selling real estate; adjusted profit after tax, as the company measures it, rose 8.1%.1920
Business segments
- Revenue by segment, before inter-segment sales are deducted (₹ crore)2122Data Services covers core connectivity services, digital platforms and connected services; Campaign Registry shares automated campaign information with mobile operators and the messaging ecosystem to reduce spam.
Item quarter to Sep 2026 quarter to Sep 2025 Data Services 5,810.99 5,204.47 Voice Solutions 370.04 405.96 Campaign Registry 277.76 202.54 Transformation Services 190.11 286.74 Real Estate 51.84 51.85 - Revenue from the digital portfolio rose 18.6% on a year earlier in the quarter to Sep 2026, and its EBITDA margin improved to minus 3.6% from minus 6.9% in the previous quarter.2324
- On its earnings call of 15 Oct 2026, the company said it aims for double-digit EBITDA growth in the year to Mar 2027 and to turn the digital portfolio EBITDA positive as soon as it can.25
Where revenue comes from
- Revenue by location of operation (₹ crore)2627Its network can be reached from more than 190 countries and territories.
Item year to Mar 2026 year to Mar 2025 India 8,828.08 8,707.96 United States 6,247.40 4,873.94 United Kingdom 1,982.72 1,858.86 Singapore 1,189.45 1,176.27 Switzerland 169.69 115.75 Others 6,385.38 6,375.81
Network and reach
- Its network spans more than 500,000 km of subsea optical fibre and more than 200,000 km of terrestrial fibre, with more than 650 transmission points of presence (sites where customers connect) in subsea cable systems and data centres.2829
- In India it has more than 80,000 km of terrestrial fibre and 30,000 km of metro (city) fibre, with connectivity across 118 data centres.30
- The company says more than 35% of global internet traffic is routed on its network and that it connects businesses to 80% of the world's cloud providers.3132
Customers and partners
- It serves more than 5,000 customers, including 300 of the Fortune 500 companies and 380 of the ET 500 (a list of India's largest companies).3334
- Customers by yearly revenue to the company35
Item year to Mar 2026 More than $10 million 35 $5 million to $10 million 38 $2 million to $5 million 94 $1 million to $2 million 130 Total 297 - On its earnings call of 15 Oct 2026, the company named its sister company Tata Consumer as an AI-led customer win and said its voice AI agents are live at HDFC ERGO General Insurance.36
Expansion and capital spending
- In its exchange filing of 30 Jun 2026, the company said it plans to invest $63 million in the MIST cable to Singapore in the year to Mar 2027, and $89 million in a new Chennai to Singapore cable up to Mar 2031.3738
- Consolidated capital expenditure, including ₹607.75 crore for leased (right-of-use) assets, was ₹3,349.04 crore in the year to Mar 2026, against ₹3,109.30 crore a year earlier.3940
Recent events
- On 20 May 2026, the Board appointed Ganesh Lakshminarayanan Managing Director and Chief Executive Officer; his predecessor retired on 13 Apr 2026.4142
- On 22 Apr 2026, the Board recommended a final dividend of ₹17.50 per share for the year to Mar 2026, which would cost about ₹499 crore if shareholders approved it; the documents give no outcome.4344
- On 1 Dec 2025, a subsidiary acquired 51% of Commotion, Inc., a US company that sells AI software by subscription over the internet, for about ₹227 crore.45
Litigation and regulatory matters
- As of its annual report of 16 Jun 2026, the company was contesting licence fee demands of ₹7,844.57 crore from the Department of Telecommunications, under stay orders; its contingent liability (possible dues if it loses) on all such dues with interest was ₹11,024.88 crore.46
- On 14 Sep 2026, its Canadian subsidiary agreed in principle with the Canada Revenue Agency to settle a tax claim, with a contingent liability of ₹1,658 crore at 31 Mar 2026; the company said it expects no material impact.474849
- On 21 Oct 2026, the company said Spain's National Court had annulled a demand of €15,505,607.73 for VAT (value added tax) and interest, and a penalty of €18,102,272.48, against its Spanish subsidiary; the ruling can still be appealed.50
Last updated
All 50 sources, each with its page
- 1. Annual report, 16 Jun 2026, page 62
- 2. Annual report, 16 Jun 2026, page 133
- 3. Annual report, 16 Jun 2026, page 64
- 4. Annual report, 16 Jun 2026, page 18
- 5. Annual report, 16 Jun 2026, page 9
- 6. Annual report, 16 Jun 2026, page 21
- 7. Annual report, 16 Jun 2026, page 23
- 8. Annual report, 16 Jun 2026, page 53
- 9. Annual report, 16 Jun 2026, page 185
- 10. Annual report, 16 Jun 2026, page 7
- 11. Annual report, 16 Jun 2026, page 7
- 12. Annual report, 16 Jun 2026, page 7
- 13. Annual report, 16 Jun 2026, page 75
- 14. Annual report, 16 Jun 2026, page 77
- 15. Earnings call, 15 Oct 2026, page 4
- 16. Earnings call, 15 Oct 2026, page 4
- 17. Earnings call, 15 Oct 2026, page 4
- 18. Annual report, 16 Jun 2026, page 64
- 19. Annual report, 16 Jun 2026, page 53
- 20. Annual report, 16 Jun 2026, page 64
- 21. Exchange filing, 15 Oct 2026, page 5
- 22. Exchange filing, 15 Oct 2026, page 6
- 23. Earnings call, 15 Oct 2026, page 4
- 24. Earnings call, 15 Oct 2026, page 2
- 25. Earnings call, 15 Oct 2026, page 13
- 26. Annual report, 16 Jun 2026, page 165
- 27. Annual report, 16 Jun 2026, page 6
- 28. Annual report, 16 Jun 2026, page 6
- 29. Annual report, 16 Jun 2026, page 18
- 30. Earnings call, 15 Oct 2026, page 4
- 31. Annual report, 16 Jun 2026, page 6
- 32. Annual report, 16 Jun 2026, page 62
- 33. Annual report, 16 Jun 2026, page 6
- 34. Investor presentation, 15 Oct 2026, page 4
- 35. Annual report, 16 Jun 2026, page 27
- 36. Earnings call, 15 Oct 2026, page 3
- 37. Exchange filing, 30 Jun 2026, page 4
- 38. Exchange filing, 30 Jun 2026, page 2
- 39. Annual report, 16 Jun 2026, page 165
- 40. Annual report, 16 Jun 2026, page 165
- 41. Annual report, 16 Jun 2026, page 42
- 42. Annual report, 16 Jun 2026, page 54
- 43. Annual report, 16 Jun 2026, page 44
- 44. Annual report, 16 Jun 2026, page 53
- 45. Annual report, 16 Jun 2026, page 53
- 46. Annual report, 16 Jun 2026, page 179
- 47. Exchange filing, 15 Sep 2026, page 2
- 48. Earnings call, 15 Oct 2026, page 4
- 49. Exchange filing, 15 Sep 2026, page 1
- 50. Exchange filing, 21 Oct 2026, page 2
Results
Consolidated; ₹ crore.Tata Communications quarterly results
- Revenue growth, 12 monthsRevenue growth, 12 months. The last twelve months against the twelve before them. Left empty where the earlier figure was nought or a loss: growth out of a loss has no percentage.
- +9.1%
- Net profit growth, 12 monthsNet profit growth, 12 months. The last twelve months against the twelve before them. Left empty where the earlier figure was nought or a loss: growth out of a loss has no percentage.
- −33.1%
Quarter to Sep 2026, against the quarter before
- RevenueRevenue. The pill is the change in revenue against the quarter before: this period's figure divided by that one's, less one, in per cent.
- ₹6,688 Crup 1.60%
- Net profitNet profit. The pill is the change in net profit against the quarter before: this period's figure divided by that one's, less one, in per cent. Net profit in the glossary
- ₹336 Crup 158.72%
- Net marginNet margin. Net profit as a percentage of revenue: how much of each rupee of sales is left after every cost, interest and tax. Net margin in the glossary
- 5.0%
Revenue by quarter
Net profit by quarter, a loss in red
The quarters either side of a change of basis do not compare. From the quarter to Mar 2025, the company reports a discontinued business.
| ₹ crore | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 5,798 | 5,990 | 5,960 | 6,100 | 6,189 | 6,554 | 6,583 | 6,688 |
| Net profit | 236 | 1,041 | 190 | 183 | 364 | 259 | 130 | 336 |
| Net margin | 4.1% | – | – | 3.0% | 5.9% | 4.0% | 2.0% | 5.0% |
Year to Mar 2026, against the year before
- RevenueRevenue. The pill is the change in revenue against the year before: this period's figure divided by that one's, less one, in per cent.
- ₹24,803 Crup 7.33%
- Net profitNet profit. The pill is the change in net profit against the year before: this period's figure divided by that one's, less one, in per cent.
- ₹997 Crdown 45.73%
- Net margin
- 4.0%
Revenue by year
Net profit by year, a loss in red
- Net profit
- Loss
The years either side of a change of basis do not compare. From the year to Mar 2020, part of the business was demerged on 17 Sep 2019, and figures before the change include the part that left.
| ₹ crore | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 17,620 | 16,651 | 16,525 | 17,068 | 17,100 | 16,725 | 17,838 | 20,969 | 23,109 | 24,803 |
| Net profit | 1,235 | −326 | −80 | −85 | 1,252 | 1,485 | 1,801 | 970 | 1,837 | 997 |
| Net margin | 7.0% | −2.0% | −0.5% | −0.5% | 7.3% | 8.9% | 10.1% | 4.6% | – | 4.0% |
Business segments
Share of revenue, year to Mar 2026, consolidated.Segment revenue and profit
- Data ServicesData Services, share of revenue. The segment's revenue as a percentage of the revenue of all the company's reported business segments together, leaving out eliminations between them and unallocated items.₹21,441 Crup 9.46%85.7%
- Voice SolutionsVoice Solutions, share of revenue. The segment's revenue as a percentage of the revenue of all the company's reported business segments together, leaving out eliminations between them and unallocated items.₹1,561 Crdown 4.38%6.2%
- Transformation ServicesTransformation Services, share of revenue. The segment's revenue as a percentage of the revenue of all the company's reported business segments together, leaving out eliminations between them and unallocated items.₹959 Crdown 20.18%3.8%
- Campaign RegistryCampaign Registry, share of revenue. The segment's revenue as a percentage of the revenue of all the company's reported business segments together, leaving out eliminations between them and unallocated items.₹844 Crup 28.88%3.4%
- Real EstateReal Estate, share of revenue. The segment's revenue as a percentage of the revenue of all the company's reported business segments together, leaving out eliminations between them and unallocated items.₹207 Cr0.8%
Valuation
Today, against the company's own history. Its history crosses a change of basis in the accounts in the year to Mar 2020: days before it are of the company before the change.Tata Communications PE ratio and valuation
At or below today's level on 58% of 1,792 trading days over the last 10 years.
At or below today's level on 4% of 1,239 trading days over the last 5 years.
At or below today's level on 59% of 2,413 trading days over the last 10 years.
Where the return came from
Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.
| Over | Return a year | Earnings growth | Change in P/E | Dividend yield |
|---|---|---|---|---|
| 1 year | −13.3% | −45.5% | +56.6% | 1.3% |
| 3 years | +3.9% | −17.7% | +24.7% | 1.2% |
| 5 years | +6.3% | −4.3% | +9.6% | 1.4% |
Mutual fund holdings
135 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 78 of the 93 funds that added or cut are index funds, ETFs or arbitrage funds: an index fund or ETF holds what its index holds, and an arbitrage fund holds the share against a sale of its future. 2 more funds filed their first portfolio on record, holding it.All 135 funds holding Tata Communications
- Bought for the first timeBought for the first time. Funds that held it at the month's end and had not held it in any month on record before.
- 5
- AddedAdded. Funds that held more shares than at the end of the month before.
- 52
- CutCut. Funds that held fewer shares than at the end of the month before.
- 41
- Held unchangedHeld unchanged. Funds that held the same number of shares as at the end of the month before.
- 35
- Sold outSold out. Funds that held it at the end of the month before and hold none at this month's end. Sold out in the glossary
- 3
| Fund | |||
|---|---|---|---|
| 1,11,48,059 | 1.81% | ₹1,846.3 Cr | |
| 43,56,563 | 1.68% | ₹721.5 Cr | |
| 39,24,185 | 8.49% | ₹649.9 Cr | |
| 29,70,865 | 2.52% | ₹492.0 Cr | |
| 22,60,467 | 1.03% | ₹374.4 Cr | |
| 22,35,492 | 1.50% | ₹370.2 Cr | |
| 17,54,770 | 0.96% | ₹290.6 Cr | |
| 16,01,448 | 0.88% | ₹265.2 Cr | |
| 13,50,068 | 1.15% | ₹223.6 Cr | |
| 9,50,000 | 2.17% | ₹157.3 Cr |
Promoter and insider buying and selling
Trades made since 28 Oct 2025.Tata Communications insider trading
No promoter, director, key manager or employee bought or sold on the market.
- Promoters and promoter group: no market trade · 4 pledge filings of unclear kind
- Others: no market trade
Tata Communications competitors and peers
Telecom - Services, 28 listed companies, priced on 28 Oct 2026. The table lists the 8 companies closest to Tata Communications in market cap.Telecommunication sector stocks
Where the company sits among the companies nearest its size
| Company | ||||||||
|---|---|---|---|---|---|---|---|---|
| 12,15,839 | 42.05 | 8.16 | +19.6% | −18.2% | 22.0% | 22.2% | 1.23% | |
| 1,28,495 | 3.44 | – | +3.3% | – | – | −2.4% | 0.00% | |
| 98,403 | 13.85 | 2.49 | +5.3% | −24.1% | 18.8% | 26.9% | 3.75% | |
| 83,270 | 45.65 | 11.62 | +7.9% | +32.8% | 27.9% | 28.1% | 1.08% | |
| 37,165 | 42.83 | 6.58 | +101.0% | +3,016.5% | 17.7% | 18.3% | 0.08% | |
| 7,669 | 25.64 | – | −0.9% | – | – | 74.8% | 0.00% | |
| 7,359 | 21.74 | 3.12 | +22.6% | +5.6% | 15.1% | 20.0% | 1.42% | |
| 3,116 | – | – | – | – | – | – | 0.10% |
Dividends
Per share, by the year it was paid for, and the latest payments.Tata Communications dividend history
Dividend per share, ₹, restated for later splits and bonuses
Dividend per share. The dividends declared for the year, each restated to today's share count by the splits and bonuses after its own ex-date, added up. Dividend per share in the glossary| Ex-date | Type | Per share |
|---|---|---|
| 19 Jun 2026 | FinalFinal dividend. Called final by its date: the company did not say which kind it was, and it went ex within six months after the company's year end, the time in which the annual general meeting that declares the final dividend must be held. Final dividend in the glossary | ₹17.50 |
| 19 Jun 2025 | Final | ₹25.00 |
| 1 Jul 2024 | Final | ₹16.70 |
| 26 Jun 2023 | Final | ₹21.00 |
| 10 Jun 2022 | Final | ₹20.70 |
| 17 Jun 2021 | Final | ₹14.00 |
Latest announcements
Routine notices left out.Tata Communications announcements
Oct 2026
23 Oct · General Updates
21 Oct · General Updates
Tata Communications share price by year
Each calendar year to 2025.Tata Communications share price history
| Year | Close at year end | Change | Highest close | Lowest close |
|---|---|---|---|---|
| 2025 | 1,825.30 | +7.2% | 1,971.30 | 1,316.25 |
| 2024 | 1,703.40 | −3.8% | 2,158.75 | 1,668.25 |
| 2023 | 1,770.30 | +38.9% | 1,932.75 | 1,176.95 |
| 2022 | 1,274.45 | −13.0% | 1,557.70 | 870.05 |
| 2021 | 1,464.45 | +33.0% | 1,513.25 | 972.60 |
| 2020 | 1,100.70 | +177.3% | 1,100.70 | 216.05 |
| 2019Demerger | 396.95 | −24.3% | 617.70 | 278.25 |
| 2018 | 524.30 | −23.1% | 680.65 | 446.45 |
| 2017 | 681.55 | +8.6% | 776.45 | 587.95 |
| 2016 | 627.60 | +44.0% | 680.05 | 330.70 |
Recent sessions
The 9 trading days to 27 Oct 2026, as traded on NSE; the latest is at the top of the page.
| Date | Open | High | Low | Close | Average price | Volume | Delivery |
|---|---|---|---|---|---|---|---|
| 27 Oct 2026 | 1,700.00 | 1,731.00 | 1,681.80 | 1,713.50 | 1,712.12 | 1,88,314 | 51.0% |
| 26 Oct 2026 | 1,658.70 | 1,689.00 | 1,631.80 | 1,681.20 | 1,667.89 | 2,25,100 | 48.1% |
| 23 Oct 2026 | 1,673.30 | 1,674.00 | 1,605.10 | 1,654.40 | 1,636.84 | 3,02,480 | 45.1% |
| 22 Oct 2026 | 1,691.70 | 1,703.00 | 1,658.00 | 1,682.40 | 1,679.43 | 4,39,553 | 55.4% |
| 21 Oct 2026 | 1,718.00 | 1,738.40 | 1,663.00 | 1,691.70 | 1,685.61 | 2,83,598 | 48.0% |
| 19 Oct 2026 | 1,715.00 | 1,725.00 | 1,679.00 | 1,718.50 | 1,708.31 | 4,46,691 | 45.2% |
| 16 Oct 2026 | 1,769.00 | 1,777.00 | 1,715.00 | 1,742.80 | 1,751.40 | 11,51,400 | 36.7% |
| 15 Oct 2026 | 1,667.50 | 1,866.00 | 1,643.10 | 1,763.70 | 1,792.94 | 50,90,596 | 12.4% |
| 14 Oct 2026 | 1,672.40 | 1,698.70 | 1,650.00 | 1,658.90 | 1,673.03 | 1,38,738 | 52.0% |
Price adjustments
What the price chart is corrected for, so it reads as one share held throughout.Demerger and offer for sale history
| Ex-date | Event | Price factor | What happened |
|---|---|---|---|
| 17 Sep 2019 | Demerger | 0.6209 | Part of the business became a separate company. The factor is the opening price on the ex-date divided by the previous close. The chart shows earlier prices with the demerger reinvested. |
Company details
- NSE symbol
- TATACOMM
- BSE code
- 500483
- ISIN
- INE151A01013
- Industry
- Telecom - Services
- Former symbols
- VSNL
- Website
- www.tatacommunications.com
- CIN
- L64200MH1986PLC039266
- Corporate identity number, the registrar of companies' code for it
- Incorporated
- 1986
- Registered office
- VSB, Mahatma Gandhi Road, Fort, Mumbai 400001, Maharashtra
- Share registrar
- MUFG Intime India Pvt. Ltd
- Keeps the register of shareholders and handles transfers and dividend payments