TATACOMM
Mid CapTata Communications Limited
Telecom
Tata Communications Limited operates in the telecom sector. The provided document is a formal submission of an earnings call transcript for the quarter and nine months ended December 31, 2025, indicating its status as a publicly listed entity.
One read, four checks
75+ is strong, 60-74 is usable, 45-59 is mixed, and below 45 needs caution. These are research lenses, not buy/sell instructions.
Weak fundamentals, management trust is acceptable, price trend is neutral, and recent execution is weak.
Fundamental lens: valuation, quality, growth, balance sheet, and cash flow.
low confidence · 0/0 claims checked
Timing lens: price trend and sector relative strength.
Rolling lens: recent quarterly delivery, not the latest single-result score.
Quarter ended 31 Mar 2026
Bad · 15/100PAT -75% YoY · Rev +9% YoY · margin expansion · +6% QoQ
| Metric | This quarter | YoY | QoQ |
|---|---|---|---|
| Revenue | ₹6,554 Cr | +9.4% | +5.9% |
| EBITDA | ₹1,284 Cr | +14.4% | +4.6% |
| Operating margin | 20.0% | +100 bps | +0 bps |
| PAT | ₹259 Cr | -75.1% | -28.9% |
| PAT margin | 4.0% | -1343 bps | -193 bps |
NDF means not disclosed in the current structured filing feed. It is intentionally not treated as zero.
Where growth can come from, and what can break the case
No financial or operational results are disclosed in the provided document, which is a formal submission of an earnings call transcript.
The provided document is a formal submission of an earnings call transcript and does not contain any financial results, operational KPIs, or management commentary to assess the company's performance or investment thesis.
What management said, and what results must prove
Issuer guidance and extracted claims are tracked against later reported outcomes. Treat these as management statements, not IndiaPulse forecasts.
For a telecom company, both year-over-year (YoY) and quarter-over-quarter (QoQ) comparisons are relevant. YoY helps assess long-term trends and seasonal impacts, while QoQ is crucial for tracking sequential momentum in subscriber growth, ARPU, and project execution.
Numbers and claims to verify in the next filings
| Checkpoint | Current evidence | What to verify next |
|---|
Verification checkpoints are IndiaPulse research interpretation, not investment advice.
Trend score and candlestick chart
56NeutralSMA20 +8.9% / mo · near 52W high
Technical chart
TATACOMMdaily · 3Y+7.4%Technical trend read
Mixed signalsSignals are conflicting — long-term trend unclear. RSI 65. Wait for confirmation.
- SMA20 rising (~16.2% over last month) — short-term momentum positive.
- RSI(14) at 65 — sideways, no extreme reading.
- MACD below signal, histogram expanding negatively — bearish momentum building.
- 4% off 52W high · 49% above 52W low.
Mechanical read from the price + indicator series above. Not a recommendation — technical setups can reverse without warning, especially around earnings and macro events.
Valuation, score drivers, trust methodology, financials, and peers
Use these sections after reviewing the decision summary, latest result, thesis, management accountability, and technical timing above.
Fundamental score breakdown
WATCHLISTWhy this score?
Top U-Score contributors and drags from the latest stored fundamentals.
Positive drivers
- FCF yield is supportive at 5.6%.
- Cash flow contributes 9/10 to the score.
- Quality contributes 16/20 to the score.
Main drags
- Fair-value margin of safety is negative at -802.3%.
- Valuation is weaker at 1/30; verify the latest quarterly trend.
- Balance sheet is weaker at 2/15; verify the latest quarterly trend.
Telecom valuation: EV/EBITDA against ARPU, debt, and capex
Telecom needs enterprise-value and cash-flow framing because leverage is structurally important.
Stored run vs live recompute
This shows the stored score trend when snapshots exist, and also compares the latest stored nightly score with a live recompute from current fundamentals and price.
Score history
12 stored score snapshots. Latest stored move: +1 points.
Factor attribution
Trust asks: does management behaviour match later outcomes? Higher is better, but confidence and evidence depth matter as much as the number.
Mixed Trust: Claim history is still being built. It ranks around the 53rd percentile of the scored universe and 57th percentile within Telecom. Main check: results consistency is weak at 47/100.
Healthy Trust Lite: Promoter holding is 58.9%. Key concern: Debt/equity is 3.55.
Usable, but needs evidence. Treat guidance with a margin of safety.
overall median 67 · Telecom: 57th pctile, median 67 · Mid: 30th pctile, median 76
64 documents indexed, but claim history is not strong enough yet.
0 claims extracted · No contradicted claim yet
How to read this Trust Score
Mixed Trust · low confidenceRead Trust alongside U-Score, result consistency, and technical trend. A cheap stock with weak Trust needs a larger margin of safety; a high Trust score does not make an expensive stock attractive by itself.
Forensic breakdown
Read low sub-scores as due-diligence warnings, not automatic sell signals.
Trust positives
- ▸Promoter holding is 58.9%.
- ▸Promoter pledge is zero.
- ▸FCF yield is 5.6%.
- ▸11 years of positive FCF.
Trust risks
- ▸Debt/equity is 3.55.
- ▸2 latest quarters had PAT decline worse than 25% YoY.
- ▸Revenue CAGR is 12% but EPS CAGR is -14%.
- ▸1/4 latest quarters had positive YoY PAT growth.
Trust Lite uses financial behaviour only. Prefer claim-tested Trust when enough concall claims have later outcomes.
Intrinsic value
Fundamentals
Valuation
- P/E
- 49.40
- P/B
- 15.75
- EV/EBITDA
- 8.70
- Market Cap
- 54311.00Cr
Profitability
- ROE
- 34.00%
- ROCE
- 14.70%
- ROA
- 3.51%
- Dividend Y
- 0.92%
Growth (CAGR)
- Revenue 5Y
- 8.00%
- EPS 5Y
- -3.00%
- Revenue 3Y
- 12.00%
- EPS 3Y
- -14.00%
Balance Sheet
- Debt/Equity
- 3.55
- Interest Coverage
- 6.33×
- Altman Z
- 2.94
- Book Value
- 121.00
Cash Flow
- FCF Yield
- 5.56%
- FCF Positive Y
- 11/5
- OCF
- 4479.00 Cr
- EPS TTM
- 35.14
Shareholding
- Promoter Hold
- 58.86%
- Promoter Pledge
- 0.00%
- Momentum 52W
- 80%
Financial History
Updated 9/6/2026
Revenue
₹ CrNet Profit
₹ CrReturn on Equity
%Peers
Business-comparable peers in Telecom — ranked by industry, sub-sector, theme-tag overlap, market cap, and U-Score similarity. Green cells mark the best available peer metric in this table.