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Tata Communications

₹1741.2 15 | 0.9%

Market Cap ₹49623 Cr.

Stock P/E 51.2

P/B 31.4

Current Price ₹1741.2

Book Value ₹ 55.5

Face Value 10

52W High ₹2085

Dividend Yield 0.96%

52W Low ₹ 1210

Tata Communications Research see more...

Overview Inc. Year: 1986Industry: Telecommunication - Service Provider

Tata Communications Limited is an India-based corporation that is by and large engaged within the commercial enterprise of presenting international telecommunications services. The Company's segments include Voice Solutions (VS), Data and Managed Services (DMS) and Real Estate (RE).The VS section consists of worldwide and national long distance voice offerings. The DMS phase includes corporate information transmission services, digital private community signalling and roaming services, tv, and different network and controlled offerings. The RE section consists of rentals for premises given on hire and does not include premises held for capital appreciation. The Company's subsidiaries include Tata Communications Collaboration Services Private Ltd, Tata Communications Payment Solutions Ltd, Tata Communications Transformation Services Ltd, Tata Communications Lanka Ltd, Tata Communications International Pte. Ltd and TC IOT Managed Solutions Ltd.

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Tata Communications Share Price

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Tata Communications Quarterly Results

#(Fig in Cr.) Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
Net Sales 4185 4263 4311 4431 4528 4569 4771 4873 5633 5692
Other Income 19 264 234 37 31 62 189 25 11 57
Total Income 4204 4527 4545 4467 4559 4630 4960 4898 5645 5749
Total Expenditure 3102 3218 3233 3301 3451 3534 3747 3857 4499 4635
Operating Profit 1101 1309 1311 1166 1108 1096 1213 1041 1146 1113
Interest 83 90 80 98 123 132 131 137 188 188
Depreciation 542 589 537 552 555 619 580 605 619 666
Exceptional Income / Expenses 8 -21 0 76 0 0 2 0 -186 -52
Profit Before Tax 484 609 694 593 431 345 504 298 154 207
Provision for Tax 96 243 159 66 44 28 131 78 113 -108
Profit After Tax 388 366 535 527 387 317 373 220 40 316
Adjustments 7 -1 9 5 7 9 8 0 5 6
Profit After Adjustments 395 365 544 532 394 326 382 221 45 321
Adjusted Earnings Per Share 13.9 12.8 19.1 18.7 13.8 11.4 13.4 7.7 1.6 11.3

Tata Communications Profit & Loss

#(Fig in Cr.) Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
Net Sales 17213 17714 19913 18149 17620 16772 16525 17068 17100 16725 17838 20969
Other Income 241 178 429 749 378 325 92 96 216 343 406 282
Total Income 17454 17892 20343 18898 17998 17097 16617 17164 17316 17067 18244 21252
Total Expenditure 15168 15325 16952 16059 15232 14425 13812 13805 12898 12509 13563 16738
Operating Profit 2286 2567 3391 2838 2766 2672 2805 3359 4417 4559 4681 4513
Interest 794 427 751 409 367 344 397 471 420 360 432 644
Depreciation 2027 1852 2161 1864 1866 1906 2068 2358 2314 2205 2262 2470
Exceptional Income / Expenses 104 216 -105 -103 -1063 -376 2 -391 -75 6 76 -236
Profit Before Tax -431 504 373 462 -530 46 343 140 1609 2000 2063 1163
Provision for Tax 220 343 370 233 236 355 273 227 355 522 297 214
Profit After Tax -651 160 3 229 -766 -309 70 -87 1254 1478 1767 949
Adjustments 28 -59 -2 -221 1999 -19 -152 1 -3 4 29 19
Profit After Adjustments -623 101 1 9 1233 -329 -82 -86 1251 1482 1796 969
Adjusted Earnings Per Share -21.9 3.6 0 0.3 43.3 -11.5 -2.9 -3 43.9 52 63 34

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 7% 1% 1% 0%
Operating Profit CAGR 3% 12% 12% 7%
PAT CAGR 20% 0% 0% 0%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR 36% 17% 26% 20%
ROE Average 144% 143% 94% 27%
ROCE Average 28% 25% 18% 10%

Tata Communications Balance Sheet

#(Fig in Cr.) Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Shareholder's Funds 1425 800 321 -363 1592 499 -182 -1278 115 928 1518
Minority's Interest 8 6 6 7 18 4 6 5 28 28 30
Borrowings 9195 9751 7607 9926 6811 5898 6794 6798 8886 5991 5009
Other Non-Current Liabilities 4186 9305 9292 4735 4220 3870 3792 4987 4227 4073 3854
Total Current Liabilities 9015 10897 12811 10685 8392 9237 9453 11342 7762 8426 9786
Total Liabilities 23828 30759 30037 24990 21033 19510 19862 21882 21023 19451 20197
Fixed Assets 14711 14914 14704 14444 10714 10584 11016 12390 11126 10540 10103
Other Non-Current Assets 3823 8765 8480 3919 5134 3933 3539 3549 4060 4041 4284
Total Current Assets 5294 7079 6854 6627 5182 4986 5305 5818 5707 4718 5555
Total Assets 23828 30759 30037 24990 21033 19510 19862 21882 21023 19451 20197

Tata Communications Cash Flow

#(Fig in Cr.) Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Opening Cash & Cash Equivalents 278 571 1167 904 945 1003 1256 789 850 818 697
Cash Flow from Operating Activities 2455 3062 3028 2363 2394 1713 1844 2525 3180 4204 4384
Cash Flow from Investing Activities -2474 -2280 -1902 -2311 943 -504 -2288 -1530 -2005 -895 -1842
Cash Flow from Financing Activities 320 -186 -1388 -9 -3276 -959 -28 -942 -1205 -3431 -2241
Net Cash Inflow / Outflow 300 596 -262 43 61 250 -471 53 -30 -122 302
Closing Cash & Cash Equivalent 571 1167 898 945 1003 1256 789 850 818 697 1004

Tata Communications Ratios

# Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Earnings Per Share (Rs) -21.87 3.56 0.05 0.3 43.26 -11.53 -2.89 -3.02 43.88 51.99 63.02
CEPS(Rs) 48.29 70.61 75.93 73.46 38.57 56.03 75 79.67 125.18 129.21 141.36
DPS(Rs) 3 4.5 5.5 4.3 6 4.5 4.5 4 14 20.7 21
Book NAV/Share(Rs) 50 28.05 11.28 -12.75 55.86 17.52 -6.38 -44.85 4.05 32.55 53.27
Core EBITDA Margin(%) 11.88 13.49 14.87 11.51 13.55 13.99 16.42 19.12 24.57 25.21 23.97
EBIT Margin(%) 2.11 5.26 5.65 4.8 -0.92 2.33 4.48 3.58 11.86 14.11 13.99
Pre Tax Margin(%) -2.5 2.84 1.88 2.55 -3.01 0.27 2.08 0.82 9.41 11.96 11.57
PAT Margin (%) -3.78 0.91 0.01 1.26 -4.35 -1.84 0.42 -0.51 7.33 8.84 9.9
Cash Profit Margin (%) 7.99 11.36 10.87 11.54 6.24 9.52 12.93 13.3 20.86 22.02 22.58
ROA(%) -2.82 0.59 0.01 0.83 -3.33 -1.53 0.35 -0.42 5.84 7.3 8.91
ROE(%) -35.12 14.42 0.53 0 -124.78 -29.58 44.02 0 0 283.37 144.48
ROCE(%) 2.68 6.58 8.06 6.39 -1.32 3.86 7.71 6.36 20.79 24.98 27.92
Receivable days 60.49 60.5 47.85 55.37 58.1 60.32 65.4 66.27 62.29 56.63 54.4
Inventory Days 0.53 0.8 0.71 0.52 0.46 0.5 1.14 1.6 1.15 0.79 2.02
Payable days 0 0 0 0 0 0 0 0 0 0 0
PER(x) 0 85.97 9288.08 1250.66 16.7 0 0 0 24.21 23.62 19.75
Price/Book(x) 4.68 10.91 37.3 -29.88 12.93 35.45 -96.3 -5.2 262.28 37.73 23.37
Dividend Yield(%) 1.28 1.47 1.31 1.13 0.83 0.72 0.73 1.72 1.32 1.69 1.69
EV/Net Sales(x) 1.05 1.17 1.18 1.27 1.63 1.51 1.61 0.96 2.3 2.52 2.35
EV/Core EBITDA(x) 7.92 8.08 6.92 8.14 10.38 9.48 9.48 4.9 8.9 9.25 8.96
Net Sales Growth(%) 21.25 2.91 12.41 -8.86 -2.91 -4.81 -1.47 3.29 0.19 -2.2 6.66
EBIT Growth(%) 212.63 156.21 20.74 -22.5 -118.7 339.43 89.65 -17.49 232.36 16.34 5.75
PAT Growth(%) 16.97 124.64 -98.16 7675.25 -434.17 59.65 122.59 -224.51 1540.82 17.88 19.55
EPS Growth(%) 21.56 116.27 -98.73 572.41 0 -126.65 74.93 -4.36 1554.92 18.48 21.2
Debt/Equity(x) 8.68 17.13 40.67 -39.16 5.79 17.88 -54.64 -8.39 86.25 8.51 4.96
Current Ratio(x) 0.59 0.65 0.53 0.62 0.62 0.54 0.56 0.51 0.74 0.56 0.57
Quick Ratio(x) 0.58 0.64 0.53 0.62 0.62 0.54 0.55 0.51 0.73 0.56 0.55
Interest Cover(x) 0.46 2.18 1.5 2.13 -0.44 1.13 1.87 1.3 4.83 6.55 5.77
Total Debt/Mcap(x) 1.85 1.57 1.09 1.31 0.45 0.5 0.57 1.61 0.33 0.23 0.21

Tata Communications Shareholding Pattern

# Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
Promoter 58.86 58.86 58.86 58.86 58.86 58.86 58.86 58.86 58.86 58.86
FII 21.57 19.38 17.88 17.02 17.28 16.99 17.17 17.53 19.2 18.24
DII 8.84 11.49 12.93 13.89 13.93 14.03 14.08 13.55 12.12 13.13
Public 10.72 10.26 10.33 10.23 9.93 10.11 9.88 10.06 9.81 9.77
Others 0 0 0 0 0 0 0 0 0 0
Total 100 100 100 100 100 100 100 100 100 100

Pros

  • Company has a good return on equity (ROE) track record: 3 Years ROE 143%
  • Company has reduced debt.

Cons

  • Stock is trading at 31.4 times its book value.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Tata Communications News

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