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Tata Communications Ltd share Price Today

Company details

1,785.00
1,808.80
1,265.00
2,084.65
6M Return 6.35%
1Y Return 40.07%
Mkt Cap.(Cr) 51,027.83
Volume 205,857
Div Yield 0.93%
OI
-
OI Chg %
-
Volume 205,857

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About The Stock

    Tata Communications (TCOM) is the leading global digital ecosystem enabler.

    • It provides its clientele with state-of-the-art solutions across a wide range of communication, collaboration, cloud, mobility, connected solutions, network and data centre services
Q4FY23

    TCOM reported a weak quarter on the margins front.

    •  Topline came in at ₹ 4569 crore, up 7.2% YoY & up 0.9% QoQ, driven by data revenues (forming ~80% of revenues), which was up ~11.2% YoY (up 2.2% QoQ) at ₹ 3670 crore. Incubation services and Digital Platforms segment of data business grew ~65% and 16% YoY, respectively. Voice revenues were down 13.9% YoY (down 8.6% QoQ) at ₹ 462 crore
    • Consolidated EBITDA at ₹ 1034 crore, was down 1.1% YoY and down 4% QoQ. The consequent margin was at 22.6% (down 190 bps YoY and down 115 bps QoQ) owing to lower data EBITDA margin, which was at 24%, down 240 bps QoQ. We highlight that it is the lowest margin in the last 12 quarters despite revenue growth picking up

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Telecom Services company Tata Communications announced Q4FY24 & FY24 results:

Q4FY24 Financial Highlights:

  • Gross Revenue: Achieved Rs 5,692 crore, exhibiting a growth of 24.6% compared to Rs 4,569 crore in Q4FY23.
  • Data Revenue: Recorded Rs 4,656 crore, marking a growth of 26.9% from Rs 3,670 crore in Q4FY23.
  • EBITDA: Stood at Rs 1,056 crore, indicating a slight increase of 2.1% from Rs 1,034 crore in Q4FY23.
  • EBITDA Margin: Reported at 18.6%, down from 22.6% in Q4FY23, reflecting a decrease of 408 basis points (bps).
  • PAT: Recorded Rs 321 crore, showing a decrease of 1.5% from Rs 326 crore in Q4FY23.
  • PAT Margin: Reported at 5.6%, down from 7.1% in Q4FY23, representing a decrease of 149 bps.

FY24 Financial Highlights:

  • Gross Revenue: Reached Rs 20,969 crore, reflecting a growth of 17.5% from Rs 17,838 crore in FY23.
  • Data Revenue: Stood at Rs 17,181 crore, showing a growth of 21.9% from Rs 14,096 crore in FY23.
  • EBITDA: Amounted to Rs 4,230 crore, slightly decreasing by 2.0% from Rs 4,318 crore in FY23.
  • EBITDA Margin: Reported at 20.2%, down from 24.2% in FY23, indicating a decrease of 403 bps.
  • PAT: Recorded Rs 968 crore, a significant decrease of 46.1% from Rs 1,796 crore in FY23.
  • PAT Margin: Reported at 4.6%, down from 10.1% in FY23, reflecting a decrease of 545 bps.

Commenting on the results, AS Lakshminarayanan, MD and CEO, Tata Communications, said: “We are pleased to report the significant revenue milestone of Rs 20,000 crore. We closed FY24 with strong execution and our digital fabric is witnessing increased relevance from enterprise customers. As we enter the next fiscal, our firm focus will remain on integrating our acquisitions, executing our strategies, and driving sustainable and profitable revenue growth.”

Kabir Ahmed Shakir, Chief Financial Officer, Tata Communications, said: “FY24 was an eventful year as we witnessed our finance strategy in action, enabling us to successfully complete three strategic acquisitions on the back of a strong balance sheet. Our financial performance is in line with our expectations as we continue to capture newer business opportunities and accelerate our growth path. With the right operating levers in place, we are confident of our financial performance indicators returning to their ambition range in the medium term.”

Result PDF

View Other Company Results

Tata Communications Ltd shares SWOT Analysis

Strengths (6)

  • Growth in Net Profit with increasing Profit Margin (QoQ)
  • Increasing Revenue every Quarter for the past 4 Quarters
  • Book Value per share Improving for last 2 years

Weakness (4)

  • Companies with High Debt
  • Inefficient use of shareholder funds - ROE declining in the last 2 years
  • Declining Net Cash Flow : Companies not able to generate net cash

Opportunity (0)

Data not found

Threats (2)

  • High PE (PE > 40)
  • Increasing Trend in Non-Core Income

Resistance and support

R1 1,824.9
R2 1,850.0
R3 1,871.9
Pivot

1,802.98

S1 1,777.9
S2 1,756.0
S3 1,730.9
EMA SMA
1,801.7
1,821.9
1,815.0
1,750.3
1,774.6
1,857.5
1,824.9
1,794.7
Delivery and volume
CLIENT NAME DEAL TYPE ACTION DATE AVG. PRICE QUANTITY EXCHANGE
BLACKROCK GLOBAL FUNDS-INDIA FUND Bulk Purchase 2023-11-30 1707.69 4462433 NSE
BNP PARIBAS ARBITRAGE Bulk Purchase 2023-11-30 1711.49 1040 NSE
BNP PARIBAS ARBITRAGE Bulk Sell 2023-11-30 1704.1 5988714 NSE
Name Category Shares
Panatone Finvest Limited PROMOTER 44.8%
Tata Sons Private Limited PROMOTER 14.07%

OUR RESEARCH VIEW

Investment recommendation
Call Date
21 Apr 2023
Entry Price 1,235.00
Target Price 1,250.00
Duration
12-18 Month

FINANCIALS

Sales
Operating Profit
Profit after Tax
Equity
Reserves and Surplus
Debt
Sales
Operating Profit
Profit after Tax
PE
Debt/Equity
P BV

Tata Communications Ltd Stocks COMPARISON

Financials( in Cr) Tata Communications Ltd Bharti Airtel Ltd Vodafone Idea Ltd Bharti Hexacom Ltd Tata Teleservices (Maharashtra) Ltd
Price 1,790.45 1,377.10 14.80 1,019.25 74.65
% Change -0.52 0.44 1.72 2.98 -0.67
Mcap Cr 51,027.83 832,784.01 98,395.52 50,962.50 14,593.54
Revenue TTM Cr 17,838.26 139,144.80 42,177.20 6,579.00 1,106.17
Net Profit TTM Cr 1,766.84 12,287.40 -29,301.10 549.20 -1,144.72
PE TTM 47.33 61.90 0.00 77.43 0.00
1 Year Return 40.07 67.68 108.45 25.32 21.98
ROCE 15.61 12.66 0.00 10.07 0.00
ROE 46.73 17.04 0.00 13.96 0.00
INSIDER & INSTITUTIONAL ACTIVITY

Equity Capital: 1,518.26 Cr FV: 10.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 39,096.78 -22,281.88
LAST 3M 109,317.46 -33,313.91
LAST 6M 173,877.04 36,325.60
LAST 12M 271,641.54 124,224.97

Tata Communications Ltd Information

Stock PE (TTM)
47.33
Promoter Holding
58.86%
Book Value
62.6814
ROCE
15.61%
ROE
46.73%
Registered Address

Videsh Sanchar Bhavan, Mahatma Gandhi Road Fort, Mumbai, Maharashtra, 400001

Tel : 91-22-66591968
Email : investor.relations:tatacommunications.com
Website : http://www.tatacommunications.com
Registrar

TSR Consultants P Ltd

AGM Date (Month) : Jul
Face Value Equity Shares : 10
Market Lot Equity Shares : 1
BSE Code : 500483
NSE Code : TATACOMM
Book Closure Date (Month) : Jun
BSE Group : A
ISIN : INE151A01013

FAQ’s on Tata Communications Ltd Shares

You can buy Tata Communications Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Tata Communications Ltd Share.

Company share prices and volatile and keep changing according to the market conditions. As of May 29, 2024 03:59 PM the closing price of Tata Communications Ltd was Rs.1,790.45.

Market capitalization or market cap is determined by multiplying the current market price of a company�s shares with the total number of shares outstanding. As of May 29, 2024 03:59 PM, the market cap of Tata Communications Ltd stood at Rs. 51,027.83.

The latest PE ratio of Tata Communications Ltd as of May 29, 2024 03:59 PM is 47.33

The latest PB ratio of Tata Communications Ltd as of May 29, 2024 03:59 PM is 0.03

The 52-week high of Tata Communications Ltd share price is Rs. 2,084.65 while the 52-week low is Rs. 1,265.00

According to analyst recommendations, Tata Communications Ltd Share has a "Buy" rating for the long term.

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