Tata Teleservices (Maharashtra) Limited TTML NIFTY_SMALLNSE
Tata Teleservices (Maharashtra) Limited provides wire line voice, data, and managed telecom services to enterprise customers in Maharashtra and Goa. The company offers its information and communication solutions under the Tata Tele Business Services brand name. It provides digital solutions, including connectivity, business communications, security, marketing, and managed services. The company provides cloud and SaaS services comprising smart cloud, google workplace, Microsoft azure and Microsoft 365, smartflo and smartflo UCaaS; voice services, including Centrex, PRI, SIP trunk, SmartOffice, and international bridging service. It also offers data services comprising smart internet, Ill burstable bandwidth, SD-WAN iFLX, smart VPN-MPLS, EZ cloud connect, leased line-P2P, tele Wi-Fi, ultra-LOLA, and business and retail broadband. In addition, the company provides marketing solutions, such as toll free and call register services, hosted IVR, hosted OBD services, and SMS solutions; and cyber security services, including multifactor authentication and virtual firewall, as well as email, endpoint, and web security. It serves BFSI, IT/ITES, manufacturing, services, education, healthcare, telecom, media, entertainment, retail, and other industries. Tata Teleservices (Maharashtra) Limited was incorporated in 1995 and is headquartered in Navi Mumbai, India.
READ MORE ›Market & Price
Valuation
Profitability & Returns
Balance Sheet & Liquidity
Ownership
Financial Snapshot
Growth (CAGR)
PROS
- Profit CAGR of 27.1% over 5 years.
CONS
- Trading 44.3% below its 52-week high.
- In a downtrend (50-DMA below 200-DMA).
* The pros and cons are auto-generated from financial metrics.
Price Chart
Technical Trend
Computed from daily close history using EMA cross, slope, and RSI signals.
Note: intraday data is not stored locally. “Hourly” uses the most recent 10 daily candles as a short-term proxy.
Fundamental Growth
No fundamental data available for this stock.
Figures from the latest reported periods. CAGR is computed across the displayed window (quarterly CAGR is annualised assuming 4 quarters per year).
Peer comparison
Peer companies in the same sector (Communication Services).
| # | Name | CMP ₹ | P/E | Mkt Cap | Div Yld % | ROCE % | ROE % | Rev CAGR 5Y % | Profit CAGR 5Y % |
|---|---|---|---|---|---|---|---|---|---|
| 1 | TTML Tata Teleservices (Maharashtra) Limited NIFTY_SMALLNSE | 42.81 | - | ₹8,369.05 Cr | - | -6.80% | - | 1.46% | 27.06% |
| 2 | IDEA Vodafone Idea Limited NIFTY_MIDNSE | 13.99 | 4.36 | ₹1.52 L Cr | - | 36.88% | - | 2.05% | 72.64% |
| 3 | INDUSTOWER Indus Towers Limited NIFTY_MIDNSE | 442.05 | 16.31 | ₹1.17 L Cr | - | 18.44% | 19.81% | 4.61% | 51.86% |
| 4 | NAUKRI Info Edge (India) Limited NIFTY_MIDNSEAITECH | 995.00 | 44.44 | ₹64,449.87 Cr | 1.45% | 4.71% | 4.57% | 11.88% | 483.26% |
| 5 | TATACOMM Tata Communications Limited NIFTY_MIDNSEAI | 1,965.00 | 53.76 | ₹56,002.50 Cr | 0.89% | 15.29% | 31.13% | 11.61% | -17.69% |
| 6 | AFFLE Affle 3i Limited NIFTY_SMALLNSEAI | 1,463.00 | 45.25 | ₹20,575.72 Cr | - | 15.30% | 13.79% | 23.64% | 22.97% |
| 7 | SUNTV Sun TV Network Limited NIFTY_SMALLNSE | 502.15 | 13.73 | ₹19,788.96 Cr | 1.00% | 15.31% | 11.85% | 4.74% | -5.51% |
| 8 | PFOCUS Prime Focus Limited NSE | 233.40 | 59.54 | ₹18,111.62 Cr | - | 24.91% | 13.14% | -0.29% | 14.09% |
| 9 | INDIAMART IndiaMART InterMESH Limited NIFTY_SMALLNSEAITECH | 2,015.70 | 25.58 | ₹12,116.83 Cr | 1.49% | 19.97% | 20.70% | 16.77% | 18.70% |
Quarterly Results
Figures in INR.
| Metric | Dec 2024 | Mar 2025 | Jun 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue | 332.77 Cr | 308.27 Cr | 284.25 Cr | 294.31 Cr | 295.54 Cr |
| Cost of Revenue | - | - | - | - | - |
| Gross Profit | - | - | - | - | - |
| Operating Expenses | 227.12 Cr | 200.45 Cr | 176.50 Cr | 156.18 Cr | 166.26 Cr |
| Operating Income | 105.65 Cr | 107.82 Cr | 107.75 Cr | 138.13 Cr | 129.28 Cr |
| EBITDA | 151.32 Cr | 154.96 Cr | 144.86 Cr | 173.06 Cr | 827.93 Cr |
| Interest Expense | 423.25 Cr | 419.32 Cr | 432.89 Cr | 287.82 Cr | 215.28 Cr |
| Pretax Income | -315.11 Cr | -306.42 Cr | -324.98 Cr | -150.43 Cr | 580.93 Cr |
| Tax Provision | 0 | 0 | 0 | 0 | 0 |
| Net Income | -315.11 Cr | -306.42 Cr | -324.98 Cr | -150.43 Cr | 580.93 Cr |
| Diluted EPS | -1.61 | -1.57 | -1.66 | -0.77 | 2.97 |
Profit & Loss (Annual)
Figures in INR.
| Metric | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| Revenue | 1,101.24 Cr | 1,186.88 Cr | 1,300.93 Cr | 1,150.14 Cr |
| Cost of Revenue | 251.40 Cr | 268.39 Cr | 300.39 Cr | 151.73 Cr |
| Gross Profit | 849.84 Cr | 918.49 Cr | 1,000.54 Cr | 998.41 Cr |
| Operating Expenses | 503.69 Cr | 540.69 Cr | 595.75 Cr | 521.72 Cr |
| Operating Income | 346.15 Cr | 377.80 Cr | 404.79 Cr | 476.69 Cr |
| EBITDA | 500.97 Cr | 543.14 Cr | 583.41 Cr | 1,286.89 Cr |
| Interest Expense | 1,498.53 Cr | 1,621.14 Cr | 1,690.80 Cr | 1,360.36 Cr |
| Pretax Income | -1,144.72 Cr | -1,228.44 Cr | -1,275.32 Cr | -215.30 Cr |
| Tax Provision | 0 | 0 | 0 | 0 |
| Net Income | -1,144.72 Cr | -1,228.44 Cr | -1,275.32 Cr | -215.30 Cr |
| Diluted EPS | -5.86 | -6.28 | -6.52 | -1.10 |
Compounded Sales Growth
| 5 Years: | 1.46% |
| 1 Year: | -4.10% |
Compounded Profit Growth
| 5 Years: | 27.06% |
| 1 Year: | - |
Stock Price Performance
| 1 Year: | -42.30% |
| 6 Months: | -15.50% |
| 3 Months: | +0.23% |
| 1 Month: | -2.48% |
Balance Sheet (Annual)
Figures in INR.
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Total Assets | - | 1,210.74 Cr | 1,306.99 Cr | 1,303.79 Cr | 1,341.03 Cr |
| Current Assets | - | 271.47 Cr | 290.49 Cr | 294.48 Cr | 184.33 Cr |
| Cash & Equivalents | - | 14.21 Cr | 32.41 Cr | 42.37 Cr | 15.40 Cr |
| Inventory | - | - | - | - | - |
| Receivables | - | 109.69 Cr | 155.89 Cr | 127.37 Cr | 76.49 Cr |
| Total Liabilities | - | 20,265.27 Cr | 20,559.94 Cr | 20,874.08 Cr | 21,324.41 Cr |
| Current Liabilities | - | 10,221.39 Cr | 7,534.74 Cr | 9,956.90 Cr | 18,184.14 Cr |
| Long Term Debt | - | 8,244.82 Cr | 12,956.64 Cr | 9,087.85 Cr | 2,919.77 Cr |
| Total Debt | - | 18,086.23 Cr | 20,047.16 Cr | 18,638.57 Cr | 18,930.76 Cr |
| Total Equity | - | -19,054.53 Cr | -19,252.95 Cr | -19,570.29 Cr | -19,983.38 Cr |
| Shares Outstanding | - | 195.49 Cr | 195.49 Cr | 195.49 Cr | 195.49 Cr |
Cash Flows (Annual)
Figures in INR.
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Operating Cash Flow | - | 558.08 Cr | 586.59 Cr | 505.13 Cr | 667.56 Cr |
| Investing Cash Flow | - | -66.20 Cr | -64.98 Cr | -109.42 Cr | -90.58 Cr |
| Financing Cash Flow | - | -494.37 Cr | -503.41 Cr | -385.75 Cr | -603.95 Cr |
| Capital Expenditure | - | -111.03 Cr | -108.76 Cr | -99.12 Cr | -135.07 Cr |
| Free Cash Flow | - | 447.05 Cr | 477.83 Cr | 406.01 Cr | 532.49 Cr |
| Net Change in Cash | - | -2.49 Cr | 18.20 Cr | 9.96 Cr | -26.97 Cr |
Ratios (Annual)
Figures in %.
| Metric | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| Gross Margin % | 77.2% | 77.4% | 76.9% | 86.8% |
| Operating Margin % | 31.4% | 31.8% | 31.1% | 41.4% |
| Net Margin % | -103.9% | -103.5% | -98.0% | -18.7% |
| ROE % | 6.0% | 6.4% | 6.5% | 1.1% |
| ROCE % | -3.8% | -6.1% | -4.7% | -2.8% |
Shareholding Pattern
Analyst View
Analyst aggregate. Targets and ratings update periodically; not investment advice.
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