- Tata Communications reported a net income of 1.9 billion rupees, which is a 43% decrease year-over-year and below the estimated 2.94 billion rupees.
- The company’s revenue for the first quarter was 59.60 billion rupees, marking a 6.6% increase from the previous year but falling short of the expected 60.44 billion rupees.
- Total costs rose by 7.8% year-over-year, reaching 56.7 billion rupees.
- The EBITDA was reported at 11.54 billion rupees, slightly under the estimate of 11.56 billion rupees.
- The EBITDA margin was 19.1%, down from 20% in the previous year and below the estimated 20.2%.
- The company approved issuing up to INR10 billion in bonds.
- Tata Communications announced plans to acquire Solutions Infini Tech for INR1.24 billion.
- Analyst recommendations include six buys, one hold, and two sells for the stock.
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A look at Tata Communications Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 5 | |
| Growth | 3 | |
| Resilience | 3 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.4 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Based on the Smartkarma Smart Scores, Tata Communications shows a positive long-term outlook. With a high score in Dividend and Momentum, the company is deemed strong in terms of rewarding investors and showing positive price trends. The stable scores in Growth and Resilience indicate a moderate but steady performance in these areas. However, the relatively lower score in Value suggests that the company may be slightly overvalued compared to its intrinsic worth.
Tata Communications Limited, a telecommunications services provider, offers a diverse range of services including international telephone, telex, internet access, and electronic mail services. The company’s overall Smart Scores reflect a robust dividend policy and promising momentum, which may attract income-seeking investors looking for steady returns and growth potential.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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