Valuation Tata Communications Limited

Equities

Market Closed - NSE India S.E. Other stock markets 04:35:05 10/03/2026 pm IST			5-day change	1st Jan Change
1,476.60 ^INR	-0.46%		-4.40%	-19.10%

03/03	Nokia Adds Vodafone, Telefonica, Other Telcos to Network-as-Code Platform	MT
03/03	Nokia, Google Cloud Collaborate on API-Based Agentic AI	MT

Data adjusted to current consolidation scope

Fiscal Period: March	2021	2022	2023	2024	2025	2026	2027	2028
Capitalization ¹	3,02,898	3,50,151	3,54,968	5,72,964	4,49,787	4,20,831	-	-
Change	-	15.6%	1.38%	61.41%	-21.5%	-6.44%	-	-
Enterprise Value (EV) ¹	3,77,812	4,22,150	4,22,513	6,75,678	5,58,329	5,17,046	5,03,499	4,85,810
Change	-	11.74%	0.09%	59.92%	-17.37%	-7.39%	-2.62%	-3.51%
P/E ratio	24.2x	23.6x	19.8x	59.2x	24.5x	33.1x	22.1x	16.8x
PBR	262x	37.7x	23.4x	32.1x	14.9x	11.6x	8.86x	6.71x
PEG	-	1.3x	0.9x	-1.3x	0.3x	-1.1x	0.4x	0.5x
Capitalization / Revenue	1.77x	2.09x	1.99x	2.73x	1.95x	1.71x	1.57x	1.42x
EV / Revenue	2.21x	2.52x	2.37x	3.22x	2.42x	2.1x	1.87x	1.64x
EV / EBITDA	8.87x	9.99x	9.78x	16x	12.2x	10.7x	8.76x	7.36x
EV / EBIT	19.4x	20.9x	20.5x	38.4x	28.2x	25.5x	17.4x	13.5x
EV / FCF	20.8x	16.6x	14.6x	61.4x	79.2x	29.1x	23.7x	19x
FCF Yield	4.81%	6.03%	6.84%	1.63%	1.26%	3.44%	4.23%	5.25%
Dividend per Share ²	14	20.7	21	16.7	25	20.91	23.46	29.67
Rate of return	1.32%	1.68%	1.69%	0.83%	1.58%	1.42%	1.59%	2.01%
EPS ²	43.88	51.99	63.02	33.97	64.39	44.6	66.8	87.86
Distribution rate	31.9%	39.8%	33.3%	49.2%	38.8%	46.9%	35.1%	33.8%
Net sales ¹	1,71,001	1,67,247	1,78,383	2,09,688	2,31,086	2,46,292	2,68,754	2,95,418
EBITDA ¹	42,610	42,267	43,182	42,301	45,690	48,267	57,489	66,014
EBIT ¹	19,467	20,222	20,564	17,604	19,769	20,270	28,971	35,977
Net income ¹	12,506	14,818	17,960	9,683	18,364	12,101	19,038	25,053
Net Debt ¹	74,914	71,999	67,545	1,02,714	1,08,542	96,215	82,668	64,979
Reference price ²	1,062.80	1,228.60	1,245.50	2,010.40	1,578.20	1,476.60	1,476.60	1,476.60
Nbr of stocks (in thousands)	2,85,000	2,85,000	2,85,000	2,85,000	2,85,000	2,85,000	-	-
Announcement Date	28/04/21	21/04/22	19/04/23	17/04/24	22/04/25	-	-	-

¹INR in Million²INR

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
TATA COMMUNICATIONS LIMITED	33.26x	2.11x	10.75x	1.41%	458.9Cr
CHINA MOBILE LIMITED	10.48x	1.26x	3.9x	7.15%	22TCr
VERIZON COMMUNICATIONS, INC.	10.39x	2.53x	6.87x	5.57%	21TCr
DEUTSCHE TELEKOM AG	16.08x	2.34x	6.17x	3.47%	18TCr
NTT, INC.	12.21x	1.71x	7.11x	3.44%	7.93TCr
CHINA TELECOM CORPORATION LIMITED	11.74x	0.81x	2.96x	6.3%	7.65TCr
AMÉRICA MÓVIL, S.A.B. DE C.V.	14.67x	2.05x	5.17x	2.46%	7.18TCr
SINGAPORE TELECOMMUNICATIONS LIMITED	29.38x	6.09x	22.03x	3.7%	6.38TCr
SAUDI TELECOM COMPANY	14.75x	2.52x	7.97x	5.24%	5.61TCr
ORANGE	32.64x	1.82x	6.06x	4.48%	5.28TCr
Average	18.56x	2.32x	7.90x	4.32%	10.2TCr
Weighted average by Cap.	14.65x	2.18x	6.69x	5%