Tata Teleservices (Maharashtra) Limited

Tata Teleservices (Maharashtra) Limited

TTML.BO
Tata Teleservices (Maharashtra) LimitedIN flagBombay Stock Exchange
41.63
INR
-0.61
- -
81.40BMarket Cap
Tata Teleservices (Maharashtra) Limited
TTML.BO
(Bombay Stock Exchange)

Recent

price

41.63

P/E

ratio

- -

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
FRC
10.46
11.57
13.48
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
6.49
Revenue per Share
0.23
-2.41
-3.37
-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
-6.53
Basic EPS, GAAP
-7.57
-0.83
-0.87
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
- -
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
-5.58
-7.99
-12.15
-14.72
-17.87
-20.42
-35.13
-85.47
-88.92
-108.21
-118.42
-124.64
-130.5
-136.78
-143.3
-144.4
- -
Book Value per Share
-11.39
-13.14
-17.07
-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
- -
Tangible Book Value per Share
2,150
2,150
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
1,955
1,955
Basic Weighted Avg Shares
22,487
24,884
26,345
27,312
28,927
29,721
27,024
18,685
12,663
10,773
10,399
10,904
11,012
11,869
13,009
11,501
12,688
Sales/Revenue/Turnover
-19.52
0.15
-3.88
-0.1
1.13
9.58
-4.08
-19.35
38.81
21.72
30.83
28.66
31.43
31.83
31.12
41.45
32.84
Operating Margin (%)
7,507
5,434
5,950
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
1,640
Depreciation Expense
499
-5,176
-6,588
-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
-12,769
Net Income, GAAP
0.02
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Effective Tax Rate (%)
2.22
-20.8
-25.01
-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
-100.64
Profit Margin (%)
-34,614
-15,575
-21,452
-27,999
-34,998
-48,737
-58,984
-86,683
-101,019
-122,818
-95,210
-90,451
-99,499
-72,442
-96,624
-179,998
- -
Working Capital
17,275
45,957
48,970
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
- -
LT Debt
-6,164
-11,340
-17,928
-23,528
-36,272
-39,862
-59,088
-151,592
-148,198
-174,792
-184,909
-188,325
-190,545
-192,530
-195,703
-199,834
- -
Total Equity
-8.5
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Invested Capital (%)
1.09
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Dec'25
Mar'25
Jun'26
ST Debt
- -
95,121
- -
LT Borrowings
- -
90,878
- -
LT Finance Leases
- -
386
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
- -
1,955
- -
Market Capitalization
147,764
110,180
129,428

Working Capital

FRC

in mil. unless spec.
Dec'25
Mar'25
Jun'26
Total Current Assets
- -
2,945
- -
Cash, Cash Equivalents & STI
- -
1,004
- -
Accounts Receivable, Net
- -
1,274
- -
Inventories
- -
- -
- -
Total Current Liabilities
- -
99,569
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
95,121
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

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

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
2,855
2,868
2,960
3,185
11,869
2025
3,235
3,435
3,328
3,083
13,009
2026
2,842
2,943
2,955
- -
11,501

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-1.54
-1.59
-1.57
- -
-6.28
2025
-1.65
-1.69
-1.61
-1.57
-6.52
2026
-1.66
-0.77
2.97
- -
-1.1

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
Business
Tata Teleservices (Maharashtra) Limited (TTML) provides wireline voice, data, and managed telecom services to enterprise customers primarily in Maharashtra and Goa. The company offers a comprehensive portfolio of connectivity and communication solutions under the Tata Tele Business Services (TTBS) brand, including network and connectivity services such as Business Wi-Fi, Smart WAN, Internet Leased Line, and Broadband; business communication solutions encompassing outbound and marketing communications, inbound communications, and integrated solutions; cloud and SaaS management services for small and medium businesses; collaboration tools for team connectivity; data services like smart internet, tele WiFi, smart office, retail broadband, and business broadband; voice services; marketing solutions including toll-free services, call register services, and SMS solutions; and cyber security offerings such as email security, endpoint security, multi-factor authentication, virtual firewall, data loss prevention, and web security. Founded in 1995 and headquartered in Mumbai, India, TTML operates as a subsidiary of Tata Teleservices Limited within the Tata Group, leveraging a nationwide optical fiber network spanning over 132,000 kilometers and serving sectors including banking, financial services and insurance, information technology, manufacturing, education, healthcare, telecom, media, entertainment, and retail through more than 1,800 channel partners across over 70 cities. In recent developments, the company reports operating income growth of approximately 9.75% to Rs 1,308 crore in fiscal year 2025 ended March 31, with stable profit before interest, lease rentals, depreciation, and taxes margins at 43.83%; it maintains unissued commercial papers of Rs 6,510 crore as of September 2025 for liquidity and debt refinancing, supported by Tata Sons; revenue increased 15.41% year-over-year to Rs 323.29 crore in Q4 FY2024 despite ongoing losses; and it continues strategic focus on small and medium enterprise digital transformation with expanded ICT services including IoT, cloud, security, and marketing solutions.