Tata Communications logo

Tata Communications share price

NSE: TATACOMMBSE: 500483Telecom - ServicesMid Cap

Formerly Videsh Sanchar Nigam
Last close ₹1,654.40down ₹28.00 (1.66%)BSE ₹1,653.80

Share price at the NSE close on 23 Oct 2026. Previous close ₹1,682.40.

52-week range of traded prices to 23 Oct 2026
₹1,322.50Low, 2 Apr 2026₹2,110.00High, 22 Jun 2026
Market cap
₹47,165 Cr201st largest listed
P/E
42.7
P/E without one-offs
36.2
P/B
13.9
Dividend yield
1.06%
ROE
35.3%
ROE without one-offs
41.7%
ROCE
14.2%
Debt to equity
3.29
Volume, NSE
3,02,48045.1% delivered

Share price

Daily closes since Jan 2007, adjusted for splits and bonuses, with the demerger of Sep 2019 reinvested. Reinvested means the value of the shares of the company that was split off is treated as put back into this share at its opening price on the ex-date.

−10.7%over a year · Nifty 500 −9.8%

Results20-session average 5,35,326 shares a day, 51.6% delivered

Results

Consolidated; ₹ crore, the charts by years to March, the table by quarter.Quarterly results

Quarter to Sep 2026, against the quarter beforeFiled 15 Oct

Revenue
₹6,688 Crup 1.60%
Net profit
₹336 Crup 158.72%
Net margin
5.0%

Revenue by year

Net profit by year, a loss in red

  • Net profit
  • Loss
A loss in 3 of the 10 years shown

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.

₹ croreDec 2024Filed 22 JanMar 2025Filed 10 JunJun 2025Filed 17 JulSep 2025Filed 15 OctDec 2025Filed 21 JanMar 2026Filed 22 AprJun 2026Filed 22 JulSep 2026Filed 15 Oct
Revenue5,7985,9905,9606,1006,1896,5546,5836,688
Net profit2361,041190183364259130336
Net margin4.1%––3.0%5.9%4.0%2.0%5.0%
Consolidated. The last eight quarters. The latest is shaded. Net profit is the whole group's, the other owners of its subsidiaries included; P/E and ROE use the company's own share. Net margin is left blank for Mar 2025 and Jun 2025: the profit includes the result of a business the company has discontinued, which the revenue does not, so the two make no margin.

The quarters either side of a change of basis do not compare. From the quarter to Mar 2025, the company reports a discontinued business.

Business segments

Share of revenue, year to Mar 2026, consolidated.Segment revenue and profit

  • Data Services₹21,441 Crup 9.46%85.7%
  • Voice Solutions₹1,561 Crdown 4.38%6.2%
  • Transformation Services₹959 Crdown 20.18%3.8%
  • Campaign Registry₹844 Crup 28.88%3.4%
  • Real Estate₹207 Cr0.8%
The pill is the change in revenue on the year before; the share is of all the businesses together.

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.PE ratio and valuation history

Price to earnings

At or below today's level on 57% of 1,794 trading days over the last 10 years.

LowestHighest
Its median31.8Industry median10.6
Price to book

At or below today's level on 3% of 1,240 trading days over the last 5 years.

LowestHighest
Its median29.8Industry median2.2
EV to EBITDA11.3

At or below today's level on 33% of 1,240 trading days over the last 5 years.

LowestHighest
Its median12.4Industry median15.1
Dividend yield

At or below today's level on 61% of 2,415 trading days over the last 10 years.

LowestHighest
Its median0.97%Industry median1.18%

Where the return came from

Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.

OverReturn a yearEarnings growthChange in P/EDividend 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%
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add. Earnings growth over 1, 3 and 5 years includes one-off items (exceptional items and the result of businesses sold or closed) of more than a tenth of the profit of the years to Mar 2025 and Mar 2026.

Who owns it

Per cent of the company's shares, from the filing for Sep 2026.Shareholding pattern

Shareholding by group

  • Promoters58.85%
  • Foreign institutions13.54%
  • Indian institutions20.21%
  • Individuals and others7.41%
Holder
Panatone Finvest LimitedPromoter44.78%
Tata Sons Private LimitedPromoter14.06%
Rekha JhunjhunwalaResident individuals, over ₹2 lakh at face value1.58%
Government Pension Fund GlobalForeign portfolio investors, category I1.50%
Holders are named in the company's own words: an insurer's holding can carry one of its funds' names. Mutual funds are left out here and listed fund by fund below.

Mutual funds holding it

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.Mutual fund holdings

Bought for the first time
5
Added
52
Cut
41
Held unchanged
35
Sold out
3
Fund
HDFC Mutual Fund logoHDFC Mid Cap FundHDFC Mutual Fund1,11,48,0591.81%₹1,846.3 Cr
Mirae Asset Mutual Fund logoMirae Asset Large & Midcap FundMirae Asset Mutual Fund43,56,5631.68%₹721.5 Cr
quant Mutual Fund logoquant Mid Cap Fundquant Mutual Fund39,24,1858.49%₹649.9 Cr
Mirae Asset Mutual Fund logoMirae Asset Midcap FundMirae Asset Mutual Fund29,70,8652.52%₹492.0 Cr
ICICI Prudential Mutual Fund logoICICI Prudential India Opportunities FundICICI Prudential Mutual Fund22,60,4671.03%₹374.4 Cr
Mirae Asset Mutual Fund logoMirae Asset ELSS Tax Saver FundMirae Asset Mutual Fund22,35,4921.50%₹370.2 Cr
Kotak Mahindra Mutual Fund logoKotak Multi Cap FundKotak Mahindra Mutual Fund17,54,7700.96%₹290.6 Cr
SBI Mutual Fund logoSBI ELSS Tax Saver FundSBI Mutual Fund16,01,4480.88%₹265.2 Cr
HDFC Mutual Fund logoHDFC Multi Cap FundHDFC Mutual Fund13,50,0681.15%₹223.6 Cr
Tata Mutual Fund logoTata Large & Mid Cap FundTata Mutual Fund9,50,0002.17%₹157.3 Cr
Portfolios disclosed for Sep 2026. Weight is the holding as a share of the fund's assets.

Peers and competitors

Telecom - Services, 27 listed companies, priced on 23 Oct 2026. The table lists the 8 companies closest to Tata Communications in market cap.

Where the company sits among the companies nearest its size

Return on equity across, P/E up, size is market cap
Company
Bharti Airtel logoBharti AirtelBHARTIARTL11,80,88940.87.910.2+19.6%−18.2%22.0%22.2%1.27%
Vodafone Idea logoVodafone IdeaIDEA1,23,0783.3–13.7+3.3%––−2.4%0.00%
Indus Towers logoIndus TowersINDUSTOWER1,00,25014.02.55.4+6.7%−26.6%19.8%27.1%3.68%
Bharti Hexacom logoBharti HexacomBHARTIHEXA81,89544.911.416.7+7.9%+32.8%27.9%28.1%1.10%
HFCL logoHFCLHFCL36,74542.46.523.9+101.0%+3,016.5%17.7%18.3%0.08%
Tata Teleservices (Maharashtra) logoTata Teleservices (Maharashtra)TTML7,36624.6–40.4−0.9%––74.8%0.00%
Railtel Corporation of India logoRailtel Corporation of IndiaRAILTEL7,34921.23.210.3+20.8%+9.1%16.2%20.2%1.42%
Pace Digitek logoPace DigitekPACEDIGITK2,9849.71.46.9––13.9%13.9%0.00%
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.

Dividends

Per share, by the year it was paid for, and the latest payments.Dividend history and dates

Dividend per share, ₹, restated for later splits and bonuses

Highest ₹25.00 a share, year to Mar 2025.
Ex-dateTypePer share
19 Jun 2026Final₹17.50
19 Jun 2025Final₹25.00
1 Jul 2024Final₹16.70
26 Jun 2023Final₹21.00
10 Jun 2022Final₹20.70
17 Jun 2021Final₹14.00
Latest payments, as declared, by ex-date.

Latest announcements

Routine notices left out.Share news and announcements

Tata Communications share price by year

Each calendar year to 2025.Tata Communications share price history

YearClose at year endChangeHighest closeLowest close
20251,825.30+7.2%1,971.301,316.25
20241,703.40−3.8%2,158.751,668.25
20231,770.30+38.9%1,932.751,176.95
20221,274.45−13.0%1,557.70870.05
20211,464.45+33.0%1,513.25972.60
20201,100.70+177.3%1,100.70216.05
2019Demerger396.95−24.3%617.70278.25
2018524.30−23.1%680.65446.45
2017681.55+8.6%776.45587.95
2016627.60+44.0%680.05330.70
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before. With the demerger of 17 Sep 2019 reinvested, the change in 2019 is +21.9%.

Recent sessions

The last 10 trading days to 23 Oct 2026, as traded on NSE.

DateOpenHighLowCloseAverage priceVolumeDelivery
23 Oct 20261,673.301,674.001,605.101,654.401,636.843,02,48045.1%
22 Oct 20261,691.701,703.001,658.001,682.401,679.434,39,55355.4%
21 Oct 20261,718.001,738.401,663.001,691.701,685.612,83,59848.0%
19 Oct 20261,715.001,725.001,679.001,718.501,708.314,46,69145.2%
16 Oct 20261,769.001,777.001,715.001,742.801,751.4011,51,40036.7%
15 Oct 20261,667.501,866.001,643.101,763.701,792.9450,90,59612.4%
14 Oct 20261,672.401,698.701,650.001,658.901,673.031,38,73852.0%
13 Oct 20261,685.001,685.001,650.601,672.401,671.7897,37746.5%
12 Oct 20261,656.701,682.001,636.201,662.701,658.082,22,16059.1%
9 Oct 20261,677.101,677.301,621.001,656.701,641.163,07,61731.5%
Prices in ₹ per share as traded, not adjusted.

Price adjustments

What the price chart is corrected for, so it reads as one share held throughout.Demerger and offer for sale history

Ex-dateEventPrice factorWhat happened
17 Sep 2019Demerger0.6209Part 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.
Earlier prices are multiplied by the factor, so the chart reads as one share held throughout.

About Tata Communications

Tata Communications provides communications technology to businesses. Its solutions cover connectivity, cloud hosting and cybersecurity, collaboration and connected solutions, and media services. It groups them under the name digital fabric.

The digital fabric has four parts: Network Fabric, Cloud and Security Fabric, Interaction Fabric, and Media and Entertainment. Network Fabric is the backbone of the portfolio. Cloud and Security Fabric helps enterprises securely connect and manage distributed workloads. Interaction Fabric has been strengthened by the acquisitions of Kaleyra and Commotion. Kaleyra offers conversational AI and omnichannel engagement platforms. ThreadSpan is the company's AI-powered observability and orchestration platform. Vayu Cloud is an enterprise sovereign cloud platform, and Vayu branded services are available in India only.

The company owns a global network of more than 200,000 km of terrestrial fibre and more than 500,000 km of subsea optical fibre. It has more than 11,000 permanent employees, more than 170 patents issued globally and 98 registered trademarks. Its registered office is at Fort in Mumbai, and its corporate office is at Bandra Kurla Complex in Mumbai. It also has a campus in Pune.

It was incorporated in 1986. Its acquisitions include Tyco, Teleglobe, The Switch, Kaleyra and a majority stake in Commotion, Inc.

The Tata group, through Tata Sons Private Limited and Panatone Finvest Limited, is a promoter of the company. A promoter is the person or group that set up a company or controls it. Panatone Finvest Limited is the Tata group's investment vehicle.

Legal name
Tata Communications Limited
NSE symbol
TATACOMM
BSE code
500483
ISIN
INE151A01013
Industry
Telecom - Services
Listed
Apr 1995
Face value
₹10
Former symbols
VSNL
CIN
L64200MH1986PLC039266
Corporate identity number, the registrar of companies' code for it