Tata Communications - Ambitious Targets, But Needs To Tread Carefully: Motilal Oswal
Signage for Tata Group is displayed atop of the Tata Communication Ltd. office building in Mumbai, India. (Photographer: Dhiraj Singh/Bloomberg)

Tata Communications - Ambitious Targets, But Needs To Tread Carefully: Motilal Oswal

BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.

Motilal Oswal Report

Tata Communications Ltd.’s analyst webinar provided a detailed deep-dive into the global enterprise growth opportunity, management’s growth focus, margin outlook, and investment requirements. Key insights are:

  • The company achieved its double-digit Ebitda growth target last year, despite weak low single-digit data revenue growth, thanks to margin improvement due to an impact of Covid-19 on revenue.
  • The management reiterated its renewed growth focus, with a medium-term double-digit data revenue growth target, on the back of three key factors:
  1. a shift in platform from a product-based approach for NextGen connectivity, collaboration, and cloud and hosting business;
  2. strong focus towards the engagement program for its top 1,000 customers and account planning; and
  3. positioning as a digital ecosystem enabler, with a revamped operating structure for a greater business focus.

Click on the attachment to read the full report:

Motilal Oswal Tata Communications Company Update.pdf

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