Tata Communications Ltd. share price target and research reports

Latest analyst research reports with target prices and PDF download for TATACOMM, BSE:500483 Tata Communications Ltd.

Tata Communications Ltd.

10 Jun 2021

1613.70

-2.72%

Tata Communications

Buy: Tata Communications Ltd.

ICICI Securities Limited

Tata Communication (TCom) in its investor day revisited (and revised some of) its strategic growth path. The core growth path remained same with steps like deeper engagement with key clients (along with dedicated team for remaining clients), revamped operating structure, transformation from product to platform and Focus on Fixed + Usage model for digital platforms. On the medium term financial targets, there were few upgrades with a) RoCE target of 25-30% (vs. 20% target earlier), b) EBITDA margin of 23-25% (earlier guidance: 22-25%), c) maintaining optimal debt (vs. debt reduction...

Number of FII/FPI investors increased from 550 to 565 in Jun 2025 qtr.

Tata Communications Ltd.

30 Apr 2021

1613.70

-2.72%

Tata Communications

Buy: Tata Communications Ltd.

Target

ICICI Securities Limited

Data growth segment revenues came in at | 774 crore, down 9.6% YoY, 3.9% QoQ. The company attributed the decline to slower deal conversion in the wake of business uncertainties due to Covid and tapering down of UCC traffic after the bump-up last year. However, the company indicated that demand outlook is robust in the medium/long term and the funnel has improved by 4% YoY in FY21 with large deal sale funnel up by 12%. It maintained the long term trend of double digit growth outlook in data business. Another positive change is that the company is looking to increase...

Tata Communications Ltd. is trading below all available SMAs

Tata Communications Ltd.

29 Apr 2021

1613.70

-2.72%

Deal conversions remain lackluster

Neutral: Tata Communications Ltd.

Target

Motilal Oswal

Tata Communications (TCOM)'s 4QFY21 revenue/EBITDA missed our estimates by 5%/8% on lower-than-expected revenues in both the Data and Voice segments due to slower deal to revenue conversion cycles. We have marginally revised down our revenue/EBITDA estimates for...

Tata Communications Ltd. is trading below all available SMAs

Tata Communications Ltd.

21 Jan 2021

1613.70

-2.72%

Tata Communications

Buy: Tata Communications Ltd.

Target

ICICI Securities Limited

Tata Communication Q3FY21 revenues were weak sequentially largely due to seasonality and COVID related weakness in deal conversion impacting data revenues growth. Topline came in at | 4223 crore, flattish YoY & down 4% QoQ with data revenues (forming ~84% of the revenues) up 3.8% YoY (down 2.6% QoQ). Consolidated EBITDA came in at | 1046 crore, up 37.5% YoY with margin at 24.8% (up 678 bps YoY) but down 153 bps QoQ as Q2FY21 one-off gain of | 43 crore and there was also an impact of | 31 crore, due to timing difference of revenue & cost recognition in Voice...

Tata Communications Ltd.'s price crossed below 50Day SMA today

Tata Communications Ltd.

20 Jan 2021

1613.70

-2.72%

Seasonality, slower deal conversions impact earnings

Neutral: Tata Communications Ltd.

Target

Motilal Oswal

Tata Communications (TCOM)'s 3QFY21 revenue/EBITDA was a miss due to lower-than-expected earnings reported in both the Data and Voice segments due to seasonality and slower deal conversions. However, excluding a one-time cost benefit from 2QFY21, the EBITDA miss stands at 5.9% (v/s 9.5% on total EBITDA). We reduce our revenue/EBITDA estimates for FY21 by 3%/4% and for FY22...

Tata Communications Ltd.'s price crossed below 50Day SMA today

Tata Communications Ltd.

20 Oct 2020

1613.70

-2.72%

Tata Communications

Buy: Tata Communications Ltd.

Target

ICICI Securities Limited

Tata Communications .. has an average target of 1882.33 from 3 brokers.

Tata Communications Ltd.

19 Oct 2020

1613.70

-2.72%

Sharp data margin improvement drives EBITDA growth

Neutral: Tata Communications Ltd.

Target

Motilal Oswal

Tata Communications Ltd.'s price crossed below 50Day SMA today

Tata Communications Ltd.

02 Aug 2020

1613.70

-2.72%

Tata Communications

Buy: Tata Communications Ltd.

Recommendation Target

ICICI Securities Limited

Tata Communication reported a better-than-expected performance on the operating front led by superior revenues and margins in the data segment. The topline was at | 4403 crore, up 5.6% YoY, 0.1% QoQ, led by superior data revenues (forming ~82% of revenues) that grew 9.9% YoY. EBITDA came in at | 1042 crore, up 26.2% YoY, with margins at 23.7% (up 385 bps YoY) driven by strong data margins of 27.1% (up 450 bps YoY), aided by structural cost efficiency (likely to remain) of ~| 100 crore (including moving of employee base in India) and Covid-19 led benefits (savings in travel costs,...

Tata Communications Ltd.'s price crossed below 50Day SMA today

Tata Communications Ltd.

01 Aug 2020

1613.70

-2.72%

Cost efficiency aids EBITDA growth

Neutral: Tata Communications Ltd.

Target

Motilal Oswal

Growth segment Revenue grew 8% to INR9.2b, led by new deals while EBITDA jumped 16% to INR1.2b. TCOMs order book is equally growing in India/international markets and stake in the data center partnership important and has no immediate plans to monetize the land parcel. Voice segment revenue was flat QoQ at INR8b while EBITDA grew 46% QoQ to Payments solution segment revenue was down 37% QoQ to INR520m and EBITDA loss stood at INR40m (v/s profit of INR220m in 4QFY20), affected by the lockdown as average transactions declined to 56 in 1QFY21 (v/s 84 in 4QFY20). Despite some impact of COVID-19 on deal conversions, TCOM witnessed healthy addition in its order book, which is equally growing in India/international markets and across business verticals. It saw marginal QoQ revenue growth due to one-time gain in 4QFY20 and benefit of increase in traffic from customers, which was offset by lower revenue from other part of the Increased bandwidth usage led growth in this business.

ICICI Securities Limited increased Buy price target of Tata Communications Ltd. to 2000.0 on 14 Sep, 2025.

Tata Communications Ltd.

16 Jun 2020

1613.70

-2.72%

Tata Communications

Hold: Tata Communications Ltd.

Target

ICICI Securities Limited

Data business continued to witness healthy traction with strong margin turnaround in growth and stable trajectory in traditional services driving the profitability. The company witnessed strong 9.8% YoY, 9.1% QoQ revenue uptick in the growth segment driven by a surge in conferencing traffic. Margins expanded 510 bps QoQ to 11.6%, recording double digit margin for the first time. They also guided for double digit growth in data revenue and EBITDA growth in the medium term and would be sharing their strategic outlook later this month. We conservatively bake in 7.3% revenue CAGR...

Tata Communications .. has an average target of 1882.33 from 3 brokers.

Is Tata Communications Ltd. worth buying?

237 Votes:

Buy 77.22%

Sell 14.77%

Hold 8.02%

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