Telecommunication · NIFTY 500

Tata Teleservices (Maharashtra) Limited

NSETTML ISININE517B01013 SeriesEQ Listed on NSE

₹38.91 -0.65 (-1.64%) Updated 12 Nov, 6:47 pm IST

Open chart Back to screener

Price, daily close-28.34% in a year

Today

Open: ₹39.69
Prev close: ₹39.56
Day high: ₹40.29
Day low: ₹38.60
Volume: 73.54 L
Value traded: ₹28.98 Cr
Upper circuit: ₹47.47
Lower circuit: ₹31.65
52W high: ₹56.80
52W low: ₹31.22
1 month: +20.70%
6 months: -7.47%

52W low52W high

Ratios

Key numbers

Worked out from the latest filings (Standalone) and today's price. TTM = last four quarters.

Market cap₹7,607 Cr

P/E (TTM)25.43

P/B—

Book value / share₹-96.85

EPS (TTM)₹1.53

ROE—

Dividend yield—

Dividend (12m)—

Net margin (TTM)24.9%

Operating margin53.0%

Debt / equity—

Current ratio0.01

EV / EBITDA20.54

Sales growth (YoY qtr)+8.22%

Profit growth (YoY qtr)+81.55%

Sales CAGR 3Y+1.60%

Profit CAGR 3Y—

Shares195.49 Cr

Quarterly results

Results for each quarter

Last 12 quarters, standalone, ₹ crore. Hover a bar to see the number.

Revenue and net profit

296-308

Dec 23

323-309

Mar 24

324-323

Jun 24

344-330

Sep 24

333-315

Dec 24

308-306

Mar 25

284-325

Jun 25

286-321

Sep 25

294-150

Dec 25

296581

Mar 26

302-72.2

Jun 26

310-59.2

Sep 26

Revenue · QoQ (vs last quarter)

—+9.2%+0.1%+6.2%-3.1%-7.4%-7.8%+0.7%+2.9%+0.4%+2.0%+2.7%

Revenue · YoY (vs a year ago)

————+12%-4.6%-12%-17%-12%-4.1%+6.1%+8.2%

Net profit · QoQ (vs last quarter)

—-0.5%-4.5%-2.2%+4.6%+2.8%-6.1%+1.3%+53%+486%-112%+18%

Net profit · YoY (vs a year ago)

————-2.4%+0.9%-0.5%+2.9%+52%+290%+78%+82%

RevenueNet profitLine = trend

-1.57

Dec 23

-1.58

Mar 24

-1.65

Jun 24

-1.69

Sep 24

-1.61

Dec 24

-1.57

Mar 25

-1.66

Jun 25

-1.64

Sep 25

-0.77

Dec 25

2.97

Mar 26

-0.37

Jun 26

-0.30

Sep 26

EPS (₹) · YoY (vs a year ago)

————-2.5%+0.6%-0.6%+3.0%+52%+289%+78%+82%

EPS (₹)Line = trend

₹ Cr	Dec 23	Mar 24	Jun 24	Sep 24	Dec 24	Mar 25	Jun 25	Sep 25	Dec 25	Mar 26	Jun 26	Sep 26
Revenue	296	323	324	344	333	308	284	286	294	296	302	310
Other income	2.7	1.6	3.7	1.5	1.0	1.9	2.1	1.9	1.8	1.7	2.3	1.7
Total income	299	325	327	345	334	310	286	288	296	297	304	311
Raw material	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Purchases	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Employee cost	18.7	17.9	19.0	21.9	21.1	21.1	21.4	22.0	22.4	20.8	23.1	25.3
Other expenses	139	163	168	183	161	134	116	124	96.7	111	114	120
Total expenses	606	634	651	675	649	617	608	609	443	379	376	371
Operating profit	139	143	137	138	150	153	143	140	171	826	165	164
OPM %	46.8%	44.1%	42.3%	40.3%	45.2%	49.6%	50.2%	48.9%	58.2%	279.6%	54.7%	53.0%
Finance cost	411	414	423	429	423	419	433	425	288	215	206	191
Depreciation	38.3	39.4	40.9	41.8	43.2	42.1	37.0	37.5	35.7	31.7	33.3	33.7
Exceptional items	—	—	—	—	—	—	-3.8	—	-4.1	663	—	—
Profit before tax	-308	-309	-323	-330	-315	-306	-325	-321	-150	581	-72.2	-59.2
Tax	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Net profit	-308	-309	-323	-330	-315	-306	-325	-321	-150	581	-72.2	-59.2
EPS (₹)	-1.57	-1.58	-1.65	-1.69	-1.61	-1.57	-1.66	-1.64	-0.77	2.97	-0.37	-0.30

Profit & loss

Results for each year

8 financial years (April to March), standalone, ₹ crore.

Sales, operating profit and net profit

1,2771,0310.0

FY19

1,078-1,985-3,714

FY20

1,044-278-1,997

FY21

1,094473-1,215

FY22

1,106497-1,145

FY23

1,192535-1,228

FY24

1,308579-1,275

FY25

1,1601,280-215

FY26

Revenue · YoY (vs a year ago)

—-16%-3.2%+4.8%+1.1%+7.7%+9.8%-11%

Net profit · YoY (vs a year ago)

——+46%+39%+5.8%-7.3%-3.8%+83%

RevenueOperating profitNet profitLine = trend

₹ Cr	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26
Revenue	1,277	1,078	1,044	1,094	1,106	1,192	1,308	1,160
Other income	38.4	10.6	11.3	11.5	7.2	8.6	8.1	7.5
Total expenses	2,314	2,372	2,272	2,320	2,253	2,429	2,591	2,038
Employee cost	64.8	59.1	49.4	55.0	61.9	70.6	83.1	86.5
Operating profit	1,031	-1,985	-278	473	497	535	579	1,280
OPM %	80.7%	-184.2%	-26.6%	43.3%	44.9%	44.9%	44.2%	110.3%
Finance cost	1,559	1,545	1,561	1,539	1,502	1,622	1,694	1,361
Depreciation	178	195	169	160	147	150	168	142
Profit before tax	-668	-3,714	-1,997	-1,215	-1,145	-1,228	-1,275	-215
Tax	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Net profit	-668	-3,714	-1,997	-1,215	-1,145	-1,228	-1,275	-215
Profit to shareholders	0.0	—	—	—	—	—	—	—
Net margin %	0.0%	-344.6%	-191.3%	-111.1%	-103.5%	-103.1%	-97.5%	-18.6%
EPS (₹)	-3.41	-19.00	-10.21	-6.22	-5.86	-6.28	-6.52	-1.10

Balance sheet

Assets and debt

At each year end (and the latest half year), ₹ crore.

Equity, debt and assets

-19,05519,82514.2

Mar 23

-19,25319,95432.4

Mar 24

-19,57020,34242.4

Mar 25

-19,98320,66315.4

Mar 26

-18,93319,6468.7

Sep 26

Shareholders' equity · YoY (vs a year ago)

—-1.0%-1.6%-2.1%—

Shareholders' equityBorrowingsCashLine = trend

₹ Cr	Mar 23	Mar 24	Mar 25	Mar 26	Sep 26
Shareholders' equity	-19,055	-19,253	-19,570	-19,983	-18,933
Long-term borrowings	10,027	12,957	10,865	2,920	3,565
Short-term borrowings	9,798	6,998	9,477	17,743	16,081
Total borrowings	19,825	19,954	20,342	20,663	19,646
Current liabilities	10,221	7,535	9,957	18,184	16,568
Fixed assets (PPE)	674	659	683	698	709
Inventories	0.0	0.0	0.0	0.0	0.0
Trade receivables	110	156	145	95.5	110
Cash & equivalents	14.2	32.4	42.4	15.4	8.7
Current assets	271	290	294	184	247
Total assets	1,211	1,307	1,304	1,341	1,410
Debt / equity	-1.04	-1.04	-1.04	-1.03	-1.04

Cash flow

Cash coming in and going out

For each financial year, ₹ crore. Free cash flow = cash from operations minus spending on fixed assets.

Operating, investing and financing cash

532-132-427

FY22

558-66.2-494

FY23

586-64.5-503

FY24

505-109-386

FY25

668-90.6-604

FY26

Operations · YoY (vs a year ago)

—+4.8%+5.0%-14%+32%

OperationsInvestingFinancingLine = trend

₹ Cr	FY22	FY23	FY24	FY25	FY26
Cash from operations	532	558	586	505	668
Cash from investing	-132	-66.2	-64.5	-109	-90.6
Cash from financing	-427	-494	-503	-386	-604
Spent on fixed assets	-108	-111	-109	-99.1	-135
Free cash flow	425	447	477	406	532
Net cash flow	-26.3	-2.5	18.2	10.0	-27.0

Shareholding

Who holds the shares

Promoter and public holding at each quarter end, as filed with NSE.

Holding over time

74.4%Dec 23

74.4%Mar 24

74.4%Jun 24

74.4%Sep 24

74.4%Dec 24

74.4%Mar 25

74.4%Jun 25

74.4%Sep 25

74.4%Dec 25

74.4%Mar 26

74.4%Jun 26

74.4%Sep 26

Promoter & groupPublic

Latest (30 Sep 2026)

74.4%promoter

Promoter & group: 74.36%
Public (FIIs, mutual funds, retail…): 25.64%
Promoter change, last quarter: 0.00 pts

Dividends & news

Latest dividends and announcements

Dividends & corporate actions

De-MergerEx 11-Jul-2019
Annual General MeetingEx 24-Sep-2018
Annual General MeetingEx 25-Jul-2017
Annual General MeetingEx 18-Aug-2016
Annual General MeetingEx 11-Sep-2015
Annual General MeetingEx 12-Sep-2014
Annual General MeetingEx 11-Sep-2013
Bonus 2:15Ex 07-Aug-2013

Board meetings

Tata Teleservices (Maharashtra) Limited has informed the Exchange about Board Meeting to be held on 22-Oct-2026 to inter-alia consider and approve th…22-Oct-2026
the audited Financial Results for the 2nd quarter and half year ended September 30, 2026.22-Oct-2026
the Quarterly Unaudited Financial results of the Company for the period ended June 2026 and Alteration of form or nature or rights of securities.22-Jul-2026
alteration of form or nature or rights of securities22-Jul-2026
the financial results for the period ended Jun 30, 202622-Jul-2026

Filings with NSE

Spurt in Volume9 Nov
Action(s) initiated or orders passed7 Nov
General Updates3 Nov
Copy of Newspaper Publication3 Nov
Shareholders meeting2 Nov
Action(s) initiated or orders passed31 Oct
Copy of Newspaper Publication23 Oct

Latest news

TTML Share Price Today - Tata Teleservices Maharashtra on NSE/BSEscanx.trade · 8 Nov, 9:27 am Tata Teleservices Maharashtra shares surge most in over 15 months; here is whyUpstox · 28 Aug, 12:30 pm Tata Teleservices shares crash 11% after Q2 result 2026 - What's next for the stock? Expert viewLivemint · 23 Oct, 12:30 pm Tata Teleservices shares crash 11% after Q2 result 2026 - What's next for the stock? Expert viewTradingView · 23 Oct, 12:30 pm Why Tata Teleservices (Maharashtra) Share Price Rallied on Thursday?Equitymaster · 13 Aug, 12:30 pm Stocks in Focus: PC Jeweller, Vodafone Idea, YES BankHDFC Sky · 6 Nov, 12:46 pm Tata Teleservices (Maharashtra) (TTML) Share Price Falls 5.78% to Rs 39.43 TodayUnivest · 28 Oct, 3:16 pm Tata Teleservices (Maharashtra) Ltd Share Price Today NSE/BSE ChartsAlice Blue · 28 Aug, 10:18 am

About

About Tata Teleservices (Maharashtra) Limited

Tata Teleservices (Maharashtra) Limited is listed on the NSE under the symbol TTML and belongs to the Telecommunication sector.

Company details

Company name: Tata Teleservices (Maharashtra) Limited
NSE symbol: TTML
ISIN: INE517B01013
Listed on: NSE
Series: EQ (normal equity)
Listed on NSE since: 20 Oct 2000
Face value: ₹10 per share
Market lot: 1 share
Shares issued: 195.49 crore
Index: NIFTY 500
Sector (NSE): Telecommunication
Industry: Specialty Telecommunications
Managing director / CEO: Harjit Singh
Chair: Amur Swaminathan Lakshminarayanan
Headquarters: Mumbai, IN
Founded: 1995
Employees: 517
Financial year: April to March
Results basis: Standalone
Website: tatatelebusiness.com

Peers

Other Telecommunication stocks

Prices from NSE via Upstox. Financials from the company's results filed with NSE (XBRL); ratios are our own working. Profile from global-stock-logos (MIT). For information only, not a recommendation to buy or sell.

India, Wall Street, crypto and commodities, live.

Every product, one clear workflow.

Built from data, on the record.

A clearer view of the markets.

Calculators and tools that show the maths.

Read the numbers, not the noise.

Tata Teleservices (Maharashtra) Limited

Today

Ratios

Quarterly results

Revenue and net profit

Profit & loss

Sales, operating profit and net profit

Balance sheet

Equity, debt and assets

Cash flow

Operating, investing and financing cash

Shareholding

Holding over time

Latest (30 Sep 2026)

Dividends & news

Dividends & corporate actions

Board meetings

Filings with NSE

Latest news

About

Company details

Peers