Tata Communications Ltd Q1 FY27 Share Price & Earnings Call Analysis

Financials of Tata Communications Ltd

Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.

Financials of Tata Communications Ltd

Quarterly Results

Quarter-by-quarter operating performance

Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Sales +4,5694,7714,8725,5885,6455,5925,7285,7985,9905,9606,1006,1896,554
Expenses +3,5343,7473,8574,4354,5694,4564,5984,6174,8684,8234,9264,9615,270
Operating Profit1,0341,0241,0151,1531,0761,1371,1291,1811,1221,1371,1741,2281,284
OPM %23%21%21%21%19%20%20%20%19%19%19%20%20%
Other Income +6219125-212-328529-7926-46-3818363
Interest132131137184186170189187182177202201182
Depreciation618580605603651634648637672666679751731
Profit before tax3455042981542074173213501,193249255458434
Tax %8%26%26%74%-52%21%30%36%15%26%32%22%42%
Net Profit +327382221453223332272361,041190183364259
EPS in Rs11.4413.397.741.5711.2711.687.978.2836.506.676.4212.829.24

Financials of Tata Communications Ltd

Profit & Loss

Annual income statement trend

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Sales +19,91318,14917,62016,77216,52517,06817,10016,72517,83820,96923,10924,803
Expenses +16,91915,71415,21414,35913,78013,77912,84012,49813,52016,73918,54019,980
Operating Profit2,9942,4342,4062,4122,7453,2894,2614,2274,3184,2304,5694,822
OPM %15%13%14%14%17%19%25%25%24%20%20%19%
Other Income +291821,294-11662-32182338440471,033162
Interest751409367344397471420360432644729762
Depreciation2,1611,8641,8661,9062,0682,3582,3142,2052,2622,4702,5922,827
Profit before tax3732431,467463431401,6092,0002,0631,1632,2811,396
Tax %99%96%16%778%80%162%22%26%14%18%21%31%
Net Profit +3101,235-326-80-851,2521,4851,8019701,837997
EPS in Rs0.050.3043.26-11.53-2.89-3.0243.8851.9963.0233.9864.4335.14
Dividend Payout %12,151%1,412%14%-39%-156%-133%32%40%33%49%39%50%

Financials of Tata Communications Ltd

Balance Sheet

Capital structure and asset base

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital285285285285285285285285285285285285
Reserves36-6481,307214-467-1,563-1706431,2331,5012,7363,162
Borrowings +13,07614,2319,2148,9279,93512,41311,3949,1228,57711,26312,35712,249
Other Liabilities +10,79811,23010,22810,13110,19810,9969,7979,58810,42411,31611,06512,708
Total Liabilities24,19525,09821,03319,55719,95122,13121,30619,63820,51924,36526,44428,404
Fixed Assets +14,70414,44410,92910,79711,28912,76811,52010,93610,50013,46713,91915,570
CWIP6388007515203613494938521,1481,3271,100762
Investments1,7681,8372,4341,2501,4911,5632,2331,5651,9511,6082,7142,297
Other Assets +7,0868,0176,9206,9906,8097,4517,0606,2846,9217,9638,7119,775
Total Assets24,19525,09821,03319,55719,95122,13121,30619,63820,51924,36526,44428,404

Financials of Tata Communications Ltd

Cash Flows

Operating, investing and financing cash movement

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity +3,0282,3632,3941,7131,8442,5253,1804,2044,3843,1822,9114,479
Cash from Investing Activity +-1,908-2,313940-500-2,284-1,521-2,007-894-1,836-2,641-2,173-1,460
Cash from Financing Activity +-1,388-9-3,276-959-28-942-1,205-3,431-2,241-813-936-2,937
Net Cash Flow-2684158254-46761-32-121308-272-19883
Free Cash Flow1,2573345981021068441,8282,5542,8991,1107112,060
CFO/OP105%114%130%82%88%85%86%97%106%80%82%93%

Financials of Tata Communications Ltd

Ratios

Working capital efficiency and return ratios

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days466154646669565656656361
Inventory Days
Days Payable
Cash Conversion Cycle466154646669565656656361
Working Capital Days-155-139-105-125-124-150-88-103-119-151-107-116
ROCE %8%7%23%8%8%9%18%22%24%18%15%15%