Tata Teleservices (Maharashtra) Limited

Tata Teleservices (Maharashtra) Limited

38.25
INR
+6.17
(+19.23%)
0.17EPS
250.72P/E
83.69BMarket Cap
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
13.97
14.8
15.2
13.82
9.56
6.48
5.51
5.32
5.58
5.63
6.07
6.65
5.88
6.02
Basic EPS, GAAP
-2.86
-3.15
-1.83
-12.05
-50.34
-3.41
-19
-10.21
-6.22
-5.86
-6.28
-6.52
-1.1
0.17
Free Cash Flow per Basic Share
1.95
-0.76
0.81
-7.21
2.69
-4.41
-2.4
2.32
2.16
2.29
2.44
2.08
2.72
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
-12.04
-18.55
-20.39
-30.23
-77.54
-75.81
-89.41
-94.59
-96.33
-97.47
-98.48
-100.11
-102.22
- -
Tangible Book Value per Share
-19.17
-23.46
-49.14
-72.91
-77.82
-76.03
-89.42
-94.6
-96.35
-97.51
-98.5
-100.12
-102.23
- -
Basic Weighted Avg Shares
1,955
1,955
1,955
1,955
1,955
1,955
1,955
1,955
1,955
1,955
1,955
1,955
1,955
1,954
Sales/Revenue/Turnover
27,309
28,927
29,721
27,024
18,685
12,663
10,773
10,399
10,904
11,012
11,869
13,009
11,501
11,757
Operating Margin (%)
1.4
1.13
9.58
-4.08
-19.35
38.81
21.72
30.83
28.66
31.43
31.83
31.12
41.45
42.91
Depreciation Expense
6,093
6,109
4,597
7,958
5,329
1,776
1,950
1,687
1,602
1,472
1,504
1,679
1,418
1,376
Net Income, GAAP
-5,601
-6,152
-3,583
-23,565
-98,420
-6,676
-37,141
-19,967
-12,150
-11,447
-12,284
-12,753
-2,153
334
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
-20.51
-21.27
-12.06
-87.2
-526.73
-52.72
-344.77
-192
-111.43
-103.95
-103.5
-98.03
-18.72
2.84
Working Capital
-28,005
-34,998
-48,737
-58,984
-86,683
-101,019
-122,818
-95,210
-90,451
-99,499
-72,442
-96,624
-179,998
- -
LT Debt
47,138
50,205
75,262
106,624
78,622
39,708
62,922
82,067
107,573
82,448
130,091
91,265
30,993
- -
Total Equity
-23,528
-36,272
-39,862
-59,088
-151,591
-148,198
-174,792
-184,909
-188,325
-190,545
-192,529
-195,703
-199,834
- -
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
158,314
- -
LT Borrowings
- -
29,198
- -
LT Finance Leases
- -
1,796
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
1,955
1,955
1,955
Market Capitalization
96,945
61,170
83,690

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
1,843
- -
Cash, Cash Equivalents & STI
- -
385
- -
Accounts Receivable, Net
- -
765
- -
Inventories
- -
- -
- -
Total Current Liabilities
- -
181,841
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
158,314
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
23.41%
1.57%
2.11%
Free Cash Flow
-161.58%
4.4%
31.15%
Net Income, GAAP
107.52%
-23.38%
-83.12%
Sales/Revenue/Turnover
-7.89%
2.33%
-11.59%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
3,235
3,435
3,328
3,083
13,009
2026
2,843
- -
2,943
2,955
11,501
2027
3,016
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
-1.65
-1.69
-1.61
-1.57
-6.52
2026
-1.66
- -
-0.77
2.97
-1.1
2027
-0.37
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
2027
- -
- -
- -
- -
- -

Company Description

CEO
Harjit Singh
Full Time Employees
517
Sector
Communications
Industry
Specialty telecommunications
Address
D-26, TTC Industrial Area Mumbai MA India 400703
IPO Date
Oct 26, 2000
Business
Tata Teleservices (Maharashtra) Limited (TTML.NS) provides wireline voice, data, and managed telecom services to enterprise customers primarily in Maharashtra and Goa. A subsidiary of Tata Teleservices Limited and headquartered in Navi Mumbai, India, the company operates under the Tata Tele Business Services (TTBS) brand, offering a comprehensive portfolio of ICT solutions including connectivity, collaboration tools, cloud services, security, IoT, and marketing solutions for small and medium businesses (SMBs) as well as large enterprises. TTBS delivers integrated telecom solutions that extend beyond basic connectivity to one-stop-shop business and managed services, enabling resilient, scalable, and secure operations across India. Founded in 2003 following the rebranding from Hughes Tele.com, TTML focuses on enterprise segments in the telecommunications industry, targeting SMBs, corporates, and government organizations with tailored offerings such as network services, virtual private networks, VoIP, broadband, and value-added services like digital content and cloud adoption. Recent developments include potential capital infusion from Tata Sons to address adjusted gross revenue (AGR) dues exceeding Rs 19,000 crore as of March 2025, strategic partnerships with global cloud providers projecting Rs 1,200 crore in cloud revenue by FY2025, and network expansions into new districts with over 20,000 cell sites supporting 4G and VoLTE services.