3 Enterprise Digital Network Provider, Music Catalogue Owner and Messaging Platform Company Stocks With a Strong Future Roadmap: Tata Communications, Saregama India and Tanla Platforms
- October 29, 2026
- Posted by: Lakshit Sharma
- Category: Best Stocks
Tata Communications, Saregama India and Tanla Platforms: ROE of 12.2% to 35.6% and FY22 to FY26 revenue CAGR of 8.4% to 13.9%. Prices as of 28 Oct 2026.
Quick Answer
The three digital network, music and messaging stocks to watch are Tata Communications, Saregama India and Tanla Platforms. Their return on equity ranges from 12.2% to 35.6%, and their revenue compound annual growth from FY22 to FY26 ranges from 8.4% to 13.9%. Tata Communications has the highest return on equity at 35.6%, while Saregama India has the fastest revenue growth at 13.9% a year. Prices are based on the 28 October 2026 close, and this article is educational, not investment advice.
Digital network, music and messaging stocks offer a focused view of a sector where demand keeps widening. Tata Communications, Saregama India and Tanla Platforms cover an enterprise digital network provider, a music catalogue owner and a messaging platform company.
This list covers three digital network, music and messaging stocks with complete current figures: Tata Communications, Saregama India and Tanla Platforms. Every figure comes from the latest reported financials and the 28 October 2026 market close. Companies without complete current figures were left out.
Click Here – Get Free Investment Predictions
What Are Digital Network, Music and Messaging Stocks?
Digital network, music and messaging stocks are listed companies that provide network, cloud and cybersecurity services to enterprises, own a large catalogue of music and produce films and series and run a platform for business messaging and customer engagement. Their earnings depend on contracts, licence income and message volumes.
Digital Network, Music and Messaging Stocks at a Glance
| Company | CMP (Rs) | Market Cap (Rs Cr) | P/E | Industry P/E | ROE (%) | D/E |
|---|---|---|---|---|---|---|
| Tata Communications | 1,681 | 48,882 | 44.9 | 37.6 | 35.6 | 3.93 |
| Saregama India | 523.95 | 9,422 | 42.6 | 23.9 | 12.2 | 0.04 |
| Tanla Platforms | 598.7 | 7,333 | 13.8 | 17.5 | 20.5 | 0.02 |
On valuation, Tanla Platforms trades at a P/E below the industry P/E, while Tata Communications and Saregama India trade above it, which reflects the growth the market already expects. Readers comparing digital network, music and messaging stocks should look at return on equity and debt together, since a high return earned with low debt is easier to sustain.
Why Do Digital Network, Music and Messaging Stocks Have a Strong Roadmap in India?
Digital network, music and messaging stocks have a strong roadmap in India because enterprises keep digitising, music streaming keeps growing and businesses use more messaging to reach customers, which widens the market for these digital infrastructure and content companies.
- Enterprise networks. Large clients buy cloud and security services.
- Music streaming. Catalogue owners earn from licences.
- Business messaging. Firms reach customers on digital channels.
Why Tata Communications Features Among These Digital Network, Music and Messaging Stocks
Among the digital network, music and messaging stocks on this list, Tata Communications is a Mumbai-based digital infrastructure company that provides global network, cloud, cybersecurity, collaboration and connected device services to enterprises.
The company has a return on equity of 35.6%, a debt to equity ratio of 3.93 and a market capitalisation of Rs 48,882 crore. The stock trades at a P/E of 44.9, above the industry P/E of 37.6.
Revenue rose from Rs 17,057 crore in FY22 to Rs 25,104 crore in FY26, a compound annual growth rate of 10.1%. Net profit for FY26 was Rs 1,006 crore, a net margin of 4.0%.
Roadmap: The company is growing its data, cloud and cybersecurity services as enterprises digitise their operations. Long term contracts with large clients support recurring revenue.
What to watch: Monitor data services growth, large deal wins and margins.
Why Saregama India Features Among These Digital Network, Music and Messaging Stocks
Among the enterprise network, music rights and messaging platform shares on this list, Saregama India is a Kolkata-based music and entertainment company that owns a large catalogue of songs, runs a label, sells the Carvaan music player and produces films and series.
Revenue rose from Rs 611 crore in FY22 to Rs 1,027 crore in FY26, a compound annual growth rate of 13.9%. Net profit grew from Rs 164 crore in FY22 to Rs 206 crore in FY26, which works out to a compound annual growth rate of 5.8%.
In the June 2026 quarter, revenue grew 21.2% year on year to Rs 268 crore, while net profit rose 42.1% to Rs 51.9 crore. The company has a return on equity of 12.2%, a debt to equity ratio of 0.04 and a market capitalisation of Rs 9,422 crore. The stock trades at a P/E of 42.6, above the industry P/E of 23.9.
Roadmap: The company is growing music licensing to streaming platforms and widening its content production. A deep catalogue of songs gives it a steady base of licensing income.
What to watch: Follow streaming licence income, new releases and Carvaan sales.
Why Tanla Platforms Features Among These Digital Network, Music and Messaging Stocks
Among the three companies on this list, Tanla Platforms, based in Hyderabad, offers communications platform services, including messaging and authentication through its Wisely platform, to enterprises.
In the June 2026 quarter, revenue grew 17.8% year on year to Rs 1,240 crore, while net profit rose 20.1% to Rs 142 crore. Revenue rose from Rs 3,222 crore in FY22 to Rs 4,455 crore in FY26, a compound annual growth rate of 8.4%.
Net profit for FY26 was Rs 509 crore, a net margin of 11.4%. The company has a return on equity of 20.5%, a debt to equity ratio of 0.02 and a market capitalisation of Rs 7,333 crore. The stock trades at a P/E of 13.8, below the industry P/E of 17.5.
Roadmap: Growth in enterprise messaging, plus fraud-prevention and digital-trust services, supports volumes. It has built products around artificial intelligence and blockchain, which can raise revenue per message.
What to watch: Monitor message volumes and the adoption of new platform products.
Tata Communications vs Saregama India vs Tanla Platforms on Key Financials
The table below sets the three digital network, music and messaging stocks side by side on revenue, profit and margin, using reported figures.
| Company | FY22 Revenue (Rs Cr) | FY26 Revenue (Rs Cr) | Revenue CAGR (FY22-FY26) | FY26 Net Profit (Rs Cr) | FY26 Net Margin |
|---|---|---|---|---|---|
| Tata Communications | 17,057 | 25,104 | 10.1% | 1,006 | 4.0% |
| Saregama India | 611 | 1,027 | 13.9% | 206 | 20.1% |
| Tanla Platforms | 3,222 | 4,455 | 8.4% | 509 | 11.4% |
Tata Communications posts the highest return on equity in this group at 35.6%. Tata Communications has the largest FY26 revenue at Rs 25,104 crore, and Saregama India shows the fastest revenue growth with a 13.9% compound annual rate.
Key Risks to Check Before Investing in Digital Network, Music and Messaging Stocks
Every theme carries risks that deserve a check before any decision. For these digital network, music and messaging stocks, the main points are:
- Deal timing. Large contracts can shift between periods.
- Advertising demand. Ad spending can vary with the economy.
- Valuation levels. Some of these companies trade at high earnings multiples, so growth must continue to justify them.
Treat this list as a starting point for research and not as a recommendation. Read the latest results presentation, check the management commentary on order books or capacity plans, and compare each company with its peers before you decide anything.
Use the Univest Stock Screener to filter digital network, music and messaging stocks by market capitalisation, P/E, ROE and growth, and build your own shortlist.
Final Thoughts on Digital Network, Music and Messaging Stocks
Digital network, music and messaging stocks reward patient research into demand, execution and financial strength. Tata Communications, Saregama India and Tanla Platforms each have a clear plan to expand. Based on the 28 October 2026 close, Tata Communications trades at Rs 1,681, Saregama India at Rs 523.95 and Tanla Platforms at Rs 598.7.
Download the Univest iOS App or Univest Android App to track digital network, music and messaging stocks, set price alerts and get research-backed stock ideas.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
What are digital network, music and messaging stocks?
Ans. Digital network, music and messaging stocks are listed companies that provide network, cloud and cybersecurity services to enterprises, own a large catalogue of music and produce films and series and run a platform for business messaging and customer engagement. Their earnings depend on contracts, licence income and message volumes. This list looks at three of them, Tata Communications, Saregama India and Tanla Platforms, using reported FY22 to FY26 financials and the 28 October 2026 closing prices.
Which digital network, music and messaging stocks are covered in this list?
Ans. This list covers Tata Communications, Saregama India and Tanla Platforms. Based on the 28 October 2026 close, Tata Communications traded at Rs 1,681, Saregama India at Rs 523.95 and Tanla Platforms at Rs 598.7. Their return on equity ranges from 12.2% to 35.6%, and their revenue compound annual growth from FY22 to FY26 ranges from 8.4% to 13.9%.
Why do digital network, music and messaging stocks have a strong future roadmap in India?
Ans. Digital network, music and messaging stocks have a strong roadmap in India because enterprises keep digitising, music streaming keeps growing and businesses use more messaging to reach customers, which widens the market for these digital infrastructure and content companies. The main drivers are as follows. Enterprise networks. Large clients buy cloud and security services. Music streaming. Catalogue owners earn from licences. Business messaging. Firms reach customers on digital channels. Together these factors give the companies on this list a visible path for growth over the coming years.
How has Tata Communications performed financially?
Ans. Revenue rose from Rs 17,057 crore in FY22 to Rs 25,104 crore in FY26, a compound annual growth rate of 10.1%. Net profit for FY26 was Rs 1,006 crore, a net margin of 4.0%. The company has a return on equity of 35.6%, a debt to equity ratio of 3.93 and a market capitalisation of Rs 48,882 crore. The stock trades at a P/E of 44.9, above the industry P/E of 37.6. Looking ahead, the company is growing its data, cloud and cybersecurity services as enterprises digitise their operations. Long term contracts with large clients support recurring revenue.
How has Saregama India performed financially?
Ans. Revenue rose from Rs 611 crore in FY22 to Rs 1,027 crore in FY26, a compound annual growth rate of 13.9%. Net profit grew from Rs 164 crore in FY22 to Rs 206 crore in FY26, which works out to a compound annual growth rate of 5.8%. In the June 2026 quarter, revenue grew 21.2% year on year to Rs 268 crore, while net profit rose 42.1% to Rs 51.9 crore. The company has a return on equity of 12.2%, a debt to equity ratio of 0.04 and a market capitalisation of Rs 9,422 crore. The stock trades at a P/E of 42.6, above the industry P/E of 23.9. Looking ahead, the company is growing music licensing to streaming platforms and widening its content production. A deep catalogue of songs gives it a steady base of licensing income.
How has Tanla Platforms performed financially?
Ans. Revenue rose from Rs 3,222 crore in FY22 to Rs 4,455 crore in FY26, a compound annual growth rate of 8.4%. Net profit for FY26 was Rs 509 crore, a net margin of 11.4%. In the June 2026 quarter, revenue grew 17.8% year on year to Rs 1,240 crore, while net profit rose 20.1% to Rs 142 crore. The company has a return on equity of 20.5%, a debt to equity ratio of 0.02 and a market capitalisation of Rs 7,333 crore. The stock trades at a P/E of 13.8, below the industry P/E of 17.5. Looking ahead, growth in enterprise messaging, plus fraud-prevention and digital-trust services, supports volumes. It has built products around artificial intelligence and blockchain, which can raise revenue per message.
What risks should investors check before buying digital network, music and messaging stocks?
Ans. Investors should check a few risks before buying digital network, music and messaging stocks. Deal timing. Large contracts can shift between periods. Advertising demand. Ad spending can vary with the economy. Valuation levels. Some of these companies trade at high earnings multiples, so growth must continue to justify them. Reading the latest results presentation and comparing each company with its peers helps judge how these risks apply to each stock.
Is this list of digital network, music and messaging stocks investment advice?
Ans. No. This article is educational and uses publicly available data as of the 28 October 2026 close. Please verify figures on NSE and BSE, read company filings and consult a SEBI registered adviser before investing. Univest is SEBI registered research analyst INH000013776.