Archive · 11 Jun 2025
Tata Comm's Revenue Goal Delayed; Nuvama Maintains 'Buy'
Tata Communications might take a bit longer to reach its goal of making a lot of money from data services.
Nuvama, a financial firm, thinks it will happen by 2028 instead of 2027.
Data revenue increased last year, but the original target might not be reached as quickly as planned.
Nuvama still believes Tata Communications is a good investment because of the company's focus on digital services.
The company is expected to focus on mergers and acquisitions and selling some assets.
Tata Communications' data revenue target of ₹280 billion is likely delayed.
Nuvama Research expects the target to be achieved by FY28, not FY27.
Data revenues grew 13.7% year-over-year, reaching ₹19,513 crore.
Q4 data revenue was ₹5,096 crore, up 3.9% sequentially.
Nuvama maintains a 'BUY' rating with a target price of ₹2,000.
- Who
- Tata Communications and Nuvama Research.
- What
- Tata Communications' ₹280 billion data revenue target is likely delayed.
- When
- The target achievement is expected by FY28.
- Where
- N/A
- Why
- The initial timeline for achieving the target was too ambitious.
N/A
Nuvama's Positive Outlook
Revenue Target
N/A
N/A
Nuvama's Positive Outlook
Nuvama maintains a positive outlook.
- Target Revenue
- ₹280 billion (delayed)
- Target Completion Year
- FY28
- Data Revenue (FY)
- ₹19,513 crore (13.7% y-o-y)
- Q4 Data Revenue
- ₹5,096 crore (3.9% sequentially)
- Nuvama Rating
- BUY
- Nuvama Target Price
- ₹2,000
Sources
Tata Communication defers revenue growth, margin aspirations by a year to FY28
Tata Communications shares up just 5% since 2023 analyst meet; will they move up now?
Tata Motors shares rise for sixth session, here are fresh price targets
Why is Nuvama betting big on Tata Communications? 3 game-changing factors revealed
