Tata Teleservices (Maharashtra) Limited Share Price & Analysis
Price Chart
Fundamentals
Strengths
- Trading below book value (P/B -0.4x)
- Virtually debt-free
Concerns
- Currently loss-making (EPS ₹-1.1)
- Negative return on capital (ROCE -12.7%)
Peer Comparison
| Company | CMP | Mkt Cap | P/E | P/B | ROE % | ROCE % | D/E |
|---|---|---|---|---|---|---|---|
| BHARTIARTL Bharti Airtel Limited | ₹1,948 | ₹11.8L Cr | 37.8 | 7.95 | 20.3 | 17.6 | 1.77 |
| IDEA Vodafone Idea Limited | ₹12 | ₹1.2L Cr | — | -3.59 | — | -1.72 | -2.83 |
| INDUSTOWER Indus Towers Limited | ₹373 | ₹1.0L Cr | 14 | 2.49 | 18.6 | 19.5 | 0.58 |
| TATACOMM Tata Communications Limited | ₹— | ₹47K Cr | 39 | 19.09 | 32.6 | 14.6 | 3.35 |
| STLTECH Sterlite Technologies Limited | ₹— | ₹42K Cr | 56.7 | 14.04 | 1.24 | 7.65 | 0.86 |
| HFCL HFCL Limited | ₹— | ₹37K Cr | 42.4 | 5.73 | 6.98 | 10.8 | 0.38 |
| ITI ITI Limited | ₹— | ₹21K Cr | — | — | -8.86 | 2.1 | 0.9 |
Showing 7 peers in the same sector · Sorted by market cap
Shareholding Pattern
TTML · as of Mar 2026
| Category | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Promoters | 74.36% | 74.36% | 74.36% | 74.36% | 74.36% | 74.36% |
| FII | 2.26% | 2.46% | 2.38% | 2.39% | 2.34% | 2.53% |
| DII | 0.05% | 0.06% | 0.07% | 0.08% | 0.09% | 0.12% |
| Public | 23.33% | 23.12% | 23.19% | 23.16% | 23.18% | 22.98% |
Corporate Events
To consider and approve the financial results for the period ended Jun 30, 2026
Latest News
All newsTata Teleservices (Maharashtra) holds board meeting on October 22, 2026
*Tata Teleservices (Maharashtra) holds board meeting on October 22, 2026.* The company announced the outcome of its board meeting held on that date. No **major financial figures** or strategic decisions were disclosed in the filing. The update appears to be a routine corporate disclosure. 📊 *STOCKS:* $TTML | 🏢 *SECTOR:* Telecom | #LOWIMPACT #BoardMeeting
Tata Teleservices appoints new senior management
*Tata Teleservices appoints new senior management* — Tata Teleservices (Maharashtra) Limited has appointed Mr. Sai Pratyush and Mr. Vaibhav Ambradkar as Senior Management Personnel. The move signals internal restructuring within the telecom arm of the Tata Group. No immediate financial impact is expected. 📊 *STOCKS:* $TTML | 🏢 *SECTOR:* Telecom | #LOWIMPACT #ManagementChange
Tata Teleservices sees spurt in trading volume
*Tata Teleservices sees spurt in trading volume.* Exchange flags unusual volume surge in TTML shares, prompting inquiry for latest disclosures. No material event cited yet; likely speculative trade. Investors advised to stay cautious amid thin public float and volatility. 📊 *STOCKS:* $TTML | 🏢 *SECTOR:* Telecom | #LOWIMPACT #VolumeAlert
Tata Teleservices (Maharashtra) sees spurt in trading volume
*Tata Teleservices (Maharashtra) sees spurt in trading volume* — A significant rise in trading volume was observed in TTML shares, prompting the NSE to seek clarification from the company. The exchange aims to ensure investors have updated information amid unusual activity. No fundamental trigger has been disclosed yet. 📊 *STOCKS:* TTML | 🏢 *SECTOR:* Telecom | #MEDIUMIMPACT #VolumeSpurt
Tata Teleservices sees spurt in trading volume
*Tata Teleservices sees spurt in trading volume* — A significant rise in trading volume has been observed in TTML shares. The NSE has sought clarification from the company to safeguard investor interests. **No official news or filing** has been disclosed yet. 📊 *STOCKS:* $TTML | 🏢 *SECTOR:* Telecom | #MEDIUMIMPACT #VolumeSurge
Tata Tele Business, Tata Communications partner on AI infrastructure for SMBs
*Tata Tele Business Services and Tata Communications join forces to launch unified AI infrastructure for India's SMBs.* The collaboration aims to boost digital transformation with integrated solutions. Announcement made via press release on July 28, 2026. No financial details or revenue impact disclosed yet. 📊 *STOCKS:* TTML, TATACOMM | 🏢 *SECTOR:* Telecom | #MEDIUMIMPACT #AI
Tata Teleservices publishes Q2 and half-year results
*Tata Teleservices publishes Q2 and half-year results* — Tata Teleservices (Maharashtra) Ltd has published extracts of its financial results for the second quarter and half year ended September 30, 2026, in a newspaper. The filing confirms disclosure compliance but contains no new financial data. Full results are likely available separately with the Exchange. 📊 *STOCKS:* TTML | 🏢 *SECTOR:* Telecom | #LOWIMPACT #Earnings
T T Limited issues regulatory disclosure under SEBI norms
*T T Limited issues regulatory disclosure under SEBI norms.* The company filed a disclosure under Regulation 7(2) of SEBI (PIT) Regulations, 2015, pertaining to insider trading compliance. Such updates are routine and do not indicate material business developments. No financial impact is expected. 📊 *STOCKS:* $TTML | 🏢 *SECTOR:* CapitalMarkets | #LOWIMPACT #Regulation
Tata Teleservices shares up on SME digital insights release
*Tata Teleservices shares up on SME digital insights release*. The company issued a press release on **September 16, 2026**, titled 'TTBS SME Digital Insights - 2026'. The release highlights digital adoption trends among SMEs, signaling potential growth avenues. No financial figures or strategic changes were disclosed. 📊 *STOCKS:* $TTML | 🏢 *SECTOR:* Telecom | #LOWIMPACT #Telecom
T T Limited submits press note to NSE
*T T Limited submits press note to NSE.* The company filed a corporate disclosure on August 10, 2026, titled 'Submission of Press Note'. Details of the note are not specified in the headline. This appears to be a routine regulatory filing. 📊 *STOCKS:* $TTML | 🏢 *SECTOR:* Corporate | #LOWIMPACT #corporate
Financials
Quarterly Results
| Metric | Mar 2010 | Dec 2009 | Sep 2009 | Jun 2009 | Mar 2009 | Dec 2008 | Sep 2008 | Jun 2008 |
|---|---|---|---|---|---|---|---|---|
| Revenue | ₹621 Cr 3.2% | ₹602 Cr 10.9% | ₹543 Cr 6.1% | ₹512 Cr 0.4% | ₹514 Cr 0.4% | ₹516 Cr 0.6% | ₹513 Cr 2.2% | ₹502 Cr |
| Op. Profit | ₹161 Cr 21.1% | ₹133 Cr 16.7% | ₹114 Cr 26.9% | ₹156 Cr 20.0% | ₹130 Cr 13.3% | ₹150 Cr 4.5% | ₹157 Cr 3.3% | ₹152 Cr |
| OPM | 26.0% 18.2% | 22.0% 4.8% | 21.0% 32.3% | 31.0% 24.0% | 25.0% 13.8% | 29.0% 3.3% | 30.0% 0.0% | 30.0% |
| Net Profit | ₹-64 Cr 37.9% | ₹-103 Cr 11.2% | ₹-116 Cr 241.2% | ₹-34 Cr 12.8% | ₹-39 Cr 20.4% | ₹-49 Cr 4.3% | ₹-47 Cr 34.3% | ₹-35 Cr |
| EPS (₹) | -0.3 37.5% | -0.48 11.1% | -0.54 237.5% | -0.16 11.1% | -0.18 21.7% | -0.23 4.5% | -0.22 37.5% | -0.16 |
Values in ₹ Cr · Source: Screener.in
Annual Profit & Loss
| Metric | Mar 2011 | Mar 2010 | Mar 2009 |
|---|---|---|---|
| Revenue | ₹2.3K Cr 8.0% | ₹2.1K Cr 7.6% | ₹1.9K Cr |
| Expenses | ₹2.9K Cr 66.1% | ₹1.7K Cr 19.9% | ₹1.5K Cr |
| Op. Profit | ₹-637 Cr 282.0% | ₹350 Cr 28.9% | ₹492 Cr |
| OPM | -28.0% 264.7% | 17.0% 32.0% | 25.0% |
| Other Income | ₹1.8K Cr 642.5% | ₹247 Cr 128.7% | ₹108 Cr |
| Interest | ₹359 Cr 2.3% | ₹351 Cr 14.7% | ₹306 Cr |
| Depreciation | ₹758 Cr 34.4% | ₹564 Cr 21.8% | ₹463 Cr |
| PBT | ₹80 Cr 125.2% | ₹-318 Cr 88.2% | ₹-169 Cr |
| Tax % | 0.0% | 0.0% 100.0% | 1.0% |
| Net Profit | ₹80 Cr 125.2% | ₹-318 Cr 87.1% | ₹-170 Cr |
| EPS (₹) | 0.37 125.0% | -1.48 87.3% | -0.79 |
| Div Payout | 0.0% | 0.0% | 0.0% |
Values in ₹ Cr · Source: Screener.in
Balance Sheet
| Item | Mar 2011 | Mar 2010 | Mar 2009 |
|---|---|---|---|
Liabilities | |||
| Equity Capital | ₹1.9K Cr 0.0% | ₹1.9K Cr 0.0% | ₹1.9K Cr |
| Reserves | ₹-2.5K Cr 3.1% | ₹-2.6K Cr 14.0% | ₹-2.3K Cr |
| Borrowings | ₹4.7K Cr 18.1% | ₹3.9K Cr 17.8% | ₹3.3K Cr |
| Other Liabilities | ₹1.8K Cr 15.6% | ₹1.6K Cr 47.6% | ₹1.1K Cr |
| Total Liabilities | ₹5.8K Cr 21.6% | ₹4.8K Cr 19.4% | ₹4.0K Cr |
Assets | |||
| Fixed Assets | ₹4.8K Cr 21.6% | ₹4.0K Cr 23.6% | ₹3.2K Cr |
| CWIP | ₹153 Cr 25.4% | ₹205 Cr 10.9% | ₹230 Cr |
| Investments | ₹0 Cr | ₹0 Cr 100.0% | ₹10 Cr |
| Other Assets | ₹891 Cr 36.4% | ₹653 Cr 10.5% | ₹591 Cr |
| Total Assets | ₹5.8K Cr 21.6% | ₹4.8K Cr 19.4% | ₹4.0K Cr |
Values in ₹ Cr · Source: Screener.in
Cash Flow Statement
| Item | Mar 2011 | Mar 2010 | Mar 2009 |
|---|---|---|---|
| Operating CF | ₹246 Cr 58.3% | ₹590 Cr 52.1% | ₹388 Cr |
| Investing CF | ₹-536 Cr 36.2% | ₹-840 Cr 2.9% | ₹-816 Cr |
| Financing CF | ₹342 Cr 39.6% | ₹245 Cr 41.8% | ₹421 Cr |
| Net Cash Flow | ₹52 Cr 1400.0% | ₹-4 Cr 42.9% | ₹-7 Cr |
| Free Cash Flow | ₹-1.2K Cr 347.7% | ₹-260 Cr 37.8% | ₹-418 Cr |
Values in ₹ Cr · Source: Screener.in
Key Ratios History
| Metric | Mar 2011 | Mar 2010 | Mar 2009 |
|---|---|---|---|
| Debtor Days | 48d 5.9% | 51d 8.5% | 47d |
| Inventory Days | — | — | — |
| Days Payable | — | — | — |
| Cash Conv. Cycle | 48d 5.9% | 51d 8.5% | 47d |
| Working Capital Days | -160d 1.8% | -163d 75.3% | -93d |
| ROCE | -13.0% | 0.0% | — |
Source: Screener.in · Lower days = better efficiency