NSE: TATACOMM | BSE: 500483

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1627.40 13.70 (0.85%)

25.18% Fall from 52W High

10,556 NSE+BSE Volume

NSE 29 Sep, 2025 9:27 AM (IST)

46,380.9

Market Cap

Below industry Median

1.0

Beta 1Year

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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.

31 Jan 2019

1627.40

0.85%

Growth intact but pushed ahead

Buy: Tata Communications Ltd.

Target

Motilal Oswal

Headline consolidated revenue/EBITDA grew 5%/34% QoQ to INR42.7b/INR8.4b, led by strong growth in the data business, partly offset by voice. Adjusting for one-offs, key growth levers data revenue/EBITDA grew 5%/4%. Yet, weak voice 31 January 2019 business offset consolidated revenue/EBITDA growth of 3%/flat QoQ to INR41.8b/INR6.3b. (1) Traditional services FY20 EBITDA margin to be in the range of 29-30%, (2) Growth services deal pipeline grew 85% to USD619m, indicating robust growth going forward and turning EBITDA positive in 4QFY19, (3) TTSLs Enterprise business deal could fructify in 2-4 quarters, post conclusion of the Bharti-TTSL transaction. EBITDA/data EBITDA CAGR over FY19- 21 on healthy order pipeline in Growth & Innovation (G&I;) services, which is partly offset by higher investments in the G&I; services segment and margin pressure in the traditional segment. We rollover estimates to FY21E, deriving a target price (SOTP-basis) of INR630 (prior INR670) ascribing 6x/3x on FY21E Data/Voice EBITDA and INR176 to the land bank (likely to be hived off in the ensuing quarters).

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

Tata Communications Ltd.

05 Nov 2018

1627.40

0.85%

Tata Communications

Hold: Tata Communications Ltd.

Target

ICICI Securities Limited

ICICI Securities Ltd | Retail Equity Research Revenues for the quarter came in at | 4068.2 crore vs. our estimate of | 4010.1 crore. We note that from now onwards, the company has re-aligned rental revenues (previously shown in other income) as part of data segment revenues. Therefore, our estimates are not comparable. Data revenues reported growth of 9.1% YoY to | 3069.1 crore. Data revenue growth more or less compensates for continued weak voice revenues, which declined 30.4% YoY...

Tata Communications Ltd.'s price crossed above 30Day SMA today

Tata Communications Ltd.

03 Nov 2018

1627.40

0.85%

Data biz rebounds strongly; expect solid momentum ahead

Buy: Tata Communications Ltd.

Target

Motilal Oswal

3 November 2018 After being restricted by two quarters of subdued performance in Data segment, consol. for rental income) growth came in at a healthy 8% QoQ (at INR6.0b 5% beat), supported by both Data and Voice businesses; EBITDA margin, too, expanded 65bp QoQ to 14.8%. revenue grew 3% QoQ (-4% YoY) to INR40.7b (2% beat), primarily led by strong growth in Data revenue. PAT came in at INR16m items, PAT was at INR1m. Revenue fell 6% YoY, while EBITDA grew 6% YoY. EBITDA margin expanded 170bp YoY to 15.2%. For 2HFY19, we expect revenue/EBITDA growth of 3%/11% YoY. Adjusted for rental income, Data revenue/EBITDA grew by 5% QoQ to INR30.4b/INR5.

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

Tata Communications Ltd.

14 Aug 2018

1627.40

0.85%

Tata Communications

Hold: Tata Communications Ltd.

Target

ICICI Securities Limited

Revenues for the quarter came in at | 3912.3 crore vs. our estimate of | 4047.1 crore. The miss was mainly due to lower voice revenues, which came in at | 1026.8 crore (down 33% YoY) vs. our estimate of | 1113.2 crore, with volumes of 8.7 billion minutes (down 19.4% YoY) and realisation of | 1.18 (16.9% YoY decline). Data revenues came in at | 2885.5 crore (up 3.9% YoY) EBITDA came in at | 555.4 crore, with margins of 14.2% vs. our estimate of | 550.4 crore (13.6% margin). Both voice and data margins...

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

Tata Communications Ltd.

14 May 2018

1627.40

0.85%

Tata Communications Ltd Q4FY18 results Comment

Results Update: Tata Communications Ltd.

HDFC Securities

Revenue fell by 2.58% to Rs. 4008.58 Cr in Q4FY18 when compared to the previous quarter. Tata Communications Ltd Q4FY18 results Comment

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

Tata Communications Ltd.

14 Dec 2017

1627.40

0.85%

Tata Communications

Hold: Tata Communications Ltd.

Target

ICICI Securities Limited

Tata Communication's (TCL) board has approved the scheme of reconstruction between Hemisphere Properties and itself, whereby TCL will transfer surplus land to Hemisphere for which equity share will be issued to shareholders of TCL in the ratio of 1:1. The record date for demerger, however, is awaited. The company has also indicated that...

Tata Communications Ltd.'s price crossed above 30Day SMA today

Tata Communications Ltd.

26 Oct 2017

1627.40

0.85%

Tata Communications: A weak quarter, but long-term prospects promising

Buy: Tata Communications Ltd.

Target

Motilal Oswal

A weak quarter, but long-term prospects promising Flat EBITDA on weak data segment performance: Consol. revenue fell 2% QoQ (-6.5% YoY) to INR 42.2b (4% miss) due to a decline in voice revenue (-6.4% QoQ, -20% YoY) to INR14.3b. Consol. EBITDA stood at INR5.6b, marginally up by 1% QoQ (-14% YoY, 4% miss), as a 2% drop in data EBITDA was offset by 17% voice EBITDA growth. Core PAT turned negative at INR2.5b v/s INR323m in the previous quarter. Adjusted PAT was down 10% QoQ to INR 0.3b (adj. for INR1.9b provision for TTSL investment and other exceptional provisions of INR0.3b.)...

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

Tata Communications Ltd.

27 Jul 2017

1627.40

0.85%

Tata Communication Ltd - Result Update Q1FY18

Buy: Tata Communications Ltd.

Edelweiss

Tata Communication (TCL) reported its Q1FY18 results. Topline de-grew by 3% YoY; but in USD term revenue growth was 0.3% YoY.

Tata Communications Ltd. is trading below its 50 day SMA of 1653.0

Tata Communications Ltd.

26 Jul 2017

1627.40

0.85%

Tata Communications

Hold: Tata Communications Ltd.

Target

ICICI Securities Limited

Revenues came in at | 4310 crore vs. our estimate of | 4235 crore. The beat was due to voice revenues, which came in at | 1533.4 crore vs. our estimate of | 1437.7 crore, as volumes of 10.8 billion minutes (decline of 3.6% YoY), were higher than estimated 10.2 billion minutes (8.7% YoY decline). Data revenues at | 2776.6 crore (underlying growth of 4.6% YoY) was largely in line with our estimate of | 2797.7 crore. The data business growth would have been higher but for disappointment in payment solutions business (decline of 35.7% YoY),...

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

Is Tata Communications Ltd. worth buying?

237 Votes:

Buy 77.22%

Sell 14.77%

Hold 8.02%

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