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Tata Teleservices (Maharashtra) Limited

Tata Teleservices (Maharashtra) Limited

TTML.NS
Tata Teleservices (Maharashtra) LimitedIN flagNational Stock Exchange of India
43.59
INR
+0.44
- -
85.22BMarket Cap
Tata Teleservices (Maharashtra) Limited
TTML.NS
(National Stock Exchange of India)

Recent

price

43.59

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
110,102
129,232

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
- -
- -
- -
- -
- -
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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.