| ₹ crore | Q2 FY27 | Q2 FY26 | Change |
|---|---|---|---|
| Revenue | 6,688 | 6,100 | +9.6% |
| EBITDA | 1,422 | 1,174 | +21.2% |
| EBITDA margin | 21.3% | 19.2% | +2.0 pts |
| Profit before tax | 463 | 255 | +81.8% |
| Net profit | 336 | 183 | +83.2% |
| EPS | ₹11.96 | ₹6.42 | +86.3% |
Amounts on the left scale in ₹ crore; per cent on the right, dashed. L = lakh crore, K = thousand crore. Touch the chart to read any period.
| Tap a line for its trend | Currentlast 12M |
|---|
| 655 | |
| 198 | |
| 26,014 | |
| 5,164 | |
| 19.9% | |
| 2,201 | |
| 1,089 | |
| 4.2% | |
From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.
Prices at the 29 October 2026 close · figures from the company's filings with NSE
Tata Communications (NSE: TATACOMM) had a market capitalisation of ₹48,733 crore at the 29 October 2026 close (₹1,709.40 a share), a PE ratio of 44.2 on the last four quarters' profit and a price-to-book ratio of 14.33. Its debt-to-equity ratio was 3.29 on 30 September 2026. Promoters held 58.85% of the shares on 30 September 2026.
Tata Communications' PE ratio is 44.2 at the 29 October 2026 close (₹1,709.40 a share): a market capitalisation of ₹48,733 crore divided by consolidated net profit attributable to shareholders of ₹1,104 crore over the last four quarters (Q3 FY26 to Q2 FY27).
Tata Communications' net worth — shareholders' equity in its consolidated balance sheet — was ₹3,401 crore on 30 September 2026, up 19.4% from ₹2,848 crore a year earlier. Its market value is a different figure: a market capitalisation of ₹48,733 crore at the 29 October 2026 close.
Tata Communications' book value per share was ₹119.30 on 30 September 2026: shareholders' equity of ₹3,401 crore divided by the 28.51 crore shares in issue, up 19.4% from ₹99.92 a year earlier. The share price at the 29 October 2026 close was ₹1,709.40.
Tata Communications' price-to-book (PB) ratio is 14.33 at the 29 October 2026 close: a market capitalisation of ₹48,733 crore divided by shareholders' equity (book value) of ₹3,401 crore on 30 September 2026. That is a book value of ₹119.30 per share against a share price of ₹1,709.40.
Tata Communications' dividend yield is 1.02% at the 29 October 2026 close: dividends of ₹17.50 a share that went ex-dividend in the 12 months before that day, divided by the share price of ₹1,709.40. They were ₹17.50 on 19 June 2026.
Promoters held 58.85% of Tata Communications on 30 September 2026, down 0.01 percentage points from 58.86% the previous quarter and down 0.01 percentage points from 58.86% a year earlier, according to the shareholding pattern filed with NSE.
Tata Communications' market capitalisation was ₹48,733 crore at the 29 October 2026 close: 28.51 crore shares at ₹1,709.40 each.
No. Tata Communications had borrowings of ₹11,855 crore on 30 September 2026 (consolidated balance sheet), a debt-to-equity ratio of 3.29. Its cash and current investments were ₹658 crore, so its net debt was ₹11,197 crore.
In 2026, Tata Communications has declared one dividend: ₹17.50 with record date 19 June 2026.
Tata Communications' debt-to-equity ratio was 3.29 on 30 September 2026: borrowings of ₹11,855 crore against total equity of ₹3,599 crore. A year earlier, on 30 September 2025, it was 4.13.
Tata Communications' latest results are for Q2 FY27 (July–September 2026), filed on 15 October 2026: consolidated net profit attributable to shareholders ₹341 crore, up 86.3% from ₹183 crore in Q2 FY26; revenue from operations ₹6,688 crore, up 9.6% year on year.
Tata Communications has reported Q2 FY27. Its next results, for Q3 FY27 (October–December 2026), are due by 14 February 2027 under SEBI's 45-day rule; the company notifies the board-meeting date at least two working days before.
On 30 September 2026, Tata Communications' shares were held by promoters 58.85%, foreign portfolio investors (FII/FPI) 13.54%, domestic institutions (DII) 20.21% (including mutual funds at 16.25%) and retail and other non-institutional investors 7.41%. Over the year, FII holding was down 0.07 percentage points from 13.61% and DII holding was up 1.18 percentage points from 19.03%.
At the 29 October 2026 closing prices, on FY26 net profit attributable to shareholders, Tata Communications' PE ratio is 48.7, the highest of the four: Vodafone Idea 3.8, Indus Towers 14.2 and Bharti Airtel 45.1, a peer average of 21.0. Each is the company's market capitalisation at that price divided by its FY26 net profit.
In FY26, Tata Communications earned net profit attributable to shareholders of ₹1,002 crore on revenue of ₹24,803 crore, against ₹34,552 crore on ₹44,873 crore for Vodafone Idea. Tata Communications' operating margin was 8.1% (Vodafone Idea −6.9%). At the 29 October 2026 close, Tata Communications' market capitalisation was ₹48,733 crore against ₹1,31,312 crore for Vodafone Idea, and its PE ratio on FY26 profit 48.7 against 3.8.
On FY26 consolidated figures, against Vodafone Idea, Indus Towers and Bharti Airtel: Tata Communications' operating margin of 8.1% is the third highest of the four (Vodafone Idea −6.9%, Indus Towers 33.9%, Bharti Airtel 31.7%; peer average 19.6%); its revenue growth over three years of 11.6% a year is the second highest of the four (Vodafone Idea 2.1% a year, Indus Towers 4.6% a year, Bharti Airtel 14.9% a year; peer average 7.2% a year).
From Tata Communications' own consolidated results, balance sheets and shareholding patterns filed with NSE, and NSE prices (the latest used here: the 29 October 2026 close). Ratios are calculated by Alphave from those filings as each answer describes.
Consolidated figures from the company's filings with NSE; prices are NSE closing prices.