| Annual Financials | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM |
Revenue  | 2,939 | 3,013 | 2,807 | 2,007 | 1,353 | 1,112 | 1,068 | 1,111 | 1,123 | 1,208 | 1,324 | 1,218 |
| Expenses | 2,293 | 2,228 | 2,127 | 1,805 | 620 | 656 | 555 | 626 | 614 | 664 | 737 | 626 |
| EBITDA | 647 | 785 | 680 | 202 | 733 | 456 | 513 | 485 | 509 | 544 | 587 | 593 |
| Operating Profit % | 21 % | 25 % | 21 % | 3 % | 51 % | 39 % | 47 % | 43 % | 45 % | 44 % | 44 % | 49 % |
| Depreciation | 611 | 460 | 796 | 533 | 178 | 195 | 169 | 160 | 147 | 150 | 168 | 160 |
| Interest | 651 | 684 | 1,282 | 1,569 | 1,554 | 1,545 | 1,561 | 1,539 | 1,502 | 1,622 | 1,694 | 1,701 |
| Profit Before Tax | -615 | -358 | -2,357 | -9,842 | -668 | -3,714 | -1,997 | -1,215 | -1,145 | -1,228 | -1,275 | -1,267 |
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Profit | -615 | -358 | -2,357 | -9,842 | -668 | -3,714 | -1,997 | -1,215 | -1,145 | -1,228 | -1,275 | -1,267 |
| EPS in ₹ | -3.15 | -1.83 | -12.05 | -50.34 | -3.41 | -19.00 | -10.21 | -6.22 | -5.86 | -6.28 | -6.52 | -6.50 |
Tata Teleservices Maharashtra
Tata Teleservices Maharashtra
54.58
-0.26
(-0.47%)
Key Fundamentals
Market Cap
10,670.00 Cr
EPS
-6.52
PE Ratio
-8.43
Dividend Yield
0.00 %
Industry
Telecom 52 Week High
88.90
52 Week Low
50.10
PB Ratio
-0.54
Debt to Equity
0.00
Sector
Telecom Service Provider Actual
Company News
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Tata Teleservices (Maharashtra) Limited shareholders approved the appointment of Mr Nalin Rana (DIN:11211374) as a Non-Executive Non-Independent Director through postal ballot voting. The remote e-voting process ran from September 27 to October 26, 2025, with 77.19% of total shares participating in the voting. The ordinary resolution passed with 98.35% votes in favor and 1.65% against. Promoter and Promoter Group, holding 1,45,36,72,327 shares, voted 100% in favor. Public institutions cast 52.04% votes in favor while public non-institutions supported with 95.34% favorable votes. The company has 10,36,651 shareholders on record as of the cut-off date of September 12, 2025.
Tata Teleservices Maharashtra Reports Rs 645.80 Crore Loss for Half Year Ended September 2025
9 days ago
9 days agoTata Teleservices (Maharashtra) Limited reported a net loss of Rs 645.80 crores for the half year ended September 30, 2025, compared to Rs 653.79 crores loss in the same period last year. Revenue from operations declined to Rs 570.38 crores from Rs 667.00 crores year-on-year. The company's EBITDA improved to Rs 286.58 crores from Rs 277.27 crores. Finance costs remained high at Rs 857.88 crores. The company's accumulated losses have exceeded its paid-up capital and reserves, with current liabilities exceeding current assets. However, the company received a support letter from its ultimate holding company indicating financial backing for the next 12 months. The company operates under a Unified License providing telecommunication services and has Commercial Papers worth Rs 990 crores outstanding as of September 30, 2025.
Tata Teleservices Maharashtra Seeks Shareholder Approval for Director Appointment via Postal BallotSep 26, 2025
Sep 26, 2025Tata Teleservices (Maharashtra) Limited has issued a postal ballot notice seeking shareholder approval for the appointment of Mr. Nalin Rana as a Non-Executive Non-Independent Director. The Board appointed Mr. Rana as an Additional Director on August 7, 2025, subject to member approval. The e-voting period runs from September 27 to October 26, 2025. Mr. Rana, aged 39, is currently a senior leader in the Group Strategy Office of Tata Sons Private Limited and previously worked as an Executive Director at Standard Chartered Bank for over 12 years. He holds a B.Tech in Electrical Engineering and a post-graduate management degree from IIM Indore. The resolution will be passed as an Ordinary Resolution through remote e-voting only, with NSDL providing the e-voting facility.
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Peer Comparison Compare Peers on Screener
Competitors | LTP | Market Cap (₹ Cr.) | P/E Ratio | Revenue (₹ Cr.) | YoY Revenue Growth % | Net Profit (₹ Cr.) | YoY Profit Growth % | RSI |
|---|---|---|---|---|---|---|---|---|
2,054.50 | #1 11,71,497.50 | 29.15 | #1 1,74,558.90 | 15.28 | #1 37,481 | 57.32 | 61.78 | |
8.73 | 94,583.50 | -3.44 | 44,591.90 | 4.27 | -27,383 | -2.74 | 49.23 | |
1,860.80 | 93,040.00 | 67.65 | 8,729.70 | #1 18.97 | 1,494 | -23.40 | 59.01 | |
1,566.65 | 61,457.70 | - | 0.00 | - | 0 | - | 62.92 | |
1,875.40 | 53,448.90 | 32.40 | 23,238.90 | 10.40 | 1,583 | -19.40 | 56.89 | |
54.58 | #6 10,670.00 | #1 -8.43 | #6 1,323.90 | #6 9.61 | #7 -1,275 | #4 2.91 | 40.13 | |
41.72 | 2,628.40 | -0.75 | 1,378.50 | 0.39 | -3,328 | -21.94 | 36.53 | |
1.34 | 370.60 | -0.04 | 391.00 | -9.90 | -186 | -15.32 | 39.12 | |
0.40 | 23.90 | -0.09 | 566.90 | 7.18 | -132 | 54.15 | 50.04 | |
6.54 | 4.20 | - | 10.40 | 13.04 | -2 | #1 400.00 | 27.78 |
Automatic Screeners on ScanX
Growth Rate
Revenue Growth
9.61 %
Net Income Growth
3.82 %
Cash Flow Change
-13.89 %
ROE
2.19 %
ROCE
-23.30 %
EBITDA Margin (Avg.)
-1.56 %
Yearly Financial Results
Balance Sheet
| Balance Sheet | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
| Total Assets | 6,044 | 9,462 | 11,906 | 3,380 | 4,531 | 1,714 | 1,509 | 1,365 | 1,211 | 1,307 | 1,304 |
| Fixed Assets | 4,188 | 3,363 | 7,460 | 847 | 718 | 894 | 830 | 779 | 741 | 788 | 798 |
| Current Assets | 487 | 1,047 | 1,252 | 1,885 | 3,518 | 596 | 488 | 378 | 272 | 291 | 295 |
| Capital Work in Progress | 46 | 4,246 | 2,504 | 27 | 26 | 39 | 29 | 28 | 34 | 59 | 35 |
| Investments | 0 | 592 | 680 | 378 | 609 | 0 | 70 | 101 | 66 | 34 | 58 |
| Other Assets | 1,809 | 1,260 | 1,263 | 2,129 | 3,178 | 781 | 580 | 457 | 370 | 425 | 413 |
| Total Liabilities | 6,044 | 9,462 | 11,906 | 3,380 | 4,531 | 1,714 | 1,509 | 1,365 | 1,211 | 1,307 | 1,304 |
| Current Liabilities | 3,986 | 5,919 | 7,151 | 10,553 | 13,620 | 12,877 | 10,009 | 9,423 | 10,221 | 7,535 | 9,957 |
| Non Current Liabilities | 5,026 | 7,529 | 10,664 | 7,986 | 5,731 | 6,316 | 9,991 | 10,774 | 10,044 | 13,025 | 10,917 |
| Total Equity | -2,968 | -3,986 | -5,909 | -15,159 | -14,820 | -17,479 | -18,491 | -18,833 | -19,055 | -19,253 | -19,570 |
| Reserve & Surplus | -4,923 | -5,941 | -8,230 | -18,139 | -18,814 | -22,585 | -24,580 | -25,795 | -26,942 | -28,170 | -29,446 |
| Share Capital | 1,955 | 1,955 | 1,955 | 1,955 | 1,955 | 1,955 | 1,955 | 1,955 | 1,955 | 1,955 | 1,955 |
Cash Flow
| Cash Flow | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
| Net Cash Flow | 28 | 18 | -427 | 2 | 132 | -87 | -42 | -26 | -3 | 18 | 10 |
| Investing Activities | -785 | -1,183 | -2,198 | 259 | -102 | 510 | -177 | -130 | -66 | -65 | -109 |
| Operating Activities | 636 | 766 | 730 | 603 | -734 | -360 | 567 | 530 | 558 | 587 | 505 |
| Financing Activities | 177 | 434 | 1,041 | -860 | 967 | -237 | -432 | -427 | -494 | -503 | -386 |
Share Holding
| % Holding | Mar 2021 | Jun 2021 | Sept 2021 | Dec 2021 | Mar 2022 | Jun 2022 | Sept 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sept 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sept 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sept 2025 |
| Promoter | 74.36 % | 74.36 % | 74.36 % | 74.36 % | 74.36 % | 74.36 % | 74.36 % | 74.36 % | 74.36 % | 74.36 % | 74.36 % | 74.36 % | 74.36 % | 74.36 % | 74.36 % | 74.36 % | 74.36 % | 74.36 % | 74.36 % |
| FIIs | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 2.46 % | 2.38 % | 2.39 % | 2.34 % | 2.54 % | 2.82 % | 2.64 % |
| DIIs | 0.00 % | 0.00 % | 0.00 % | 0.02 % | 0.00 % | 0.05 % | 0.05 % | 0.05 % | 0.05 % | 0.05 % | 0.07 % | 0.05 % | 0.06 % | 0.07 % | 0.09 % | 0.10 % | 0.12 % | 0.12 % | 0.13 % |
| Government | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % |
| Public / Retail | 23.23 % | 23.13 % | 23.22 % | 22.55 % | 22.02 % | 21.36 % | 21.46 % | 21.61 % | 21.65 % | 21.77 % | 21.34 % | 21.18 % | 21.00 % | 21.02 % | 21.10 % | 21.19 % | 21.01 % | 20.74 % | 20.90 % |
| Others | 2.41 % | 2.50 % | 2.42 % | 3.07 % | 3.61 % | 4.24 % | 4.13 % | 3.98 % | 3.93 % | 3.81 % | 4.23 % | 4.41 % | 2.12 % | 2.17 % | 2.05 % | 2.00 % | 1.98 % | 1.96 % | 1.96 % |
| No of Share Holders | 0 | 3,98,794 | 4,22,155 | 4,96,449 | 6,59,125 | 7,92,384 | 8,19,762 | 8,52,805 | 8,37,131 | 8,27,582 | 8,21,354 | 8,08,618 | 8,20,372 | 8,17,121 | 10,18,220 | 10,44,620 | 10,38,040 | 10,38,990 | 10,10,800 |
Corporate Action
| Record Date | Corporate Action | Information | Announcement Day | LTP at Annoucement | LTP at Record Day |
|---|---|---|---|---|---|
| 25 Jun 2024 |  Annual General Meeting | NA | 25 Jun 2024 | 73.90 | 77.38 |
| 24 Oct 2024 |  Quarterly Result Announcement | NA | 24 Oct 2024 | 80.91 | 74.43 |
| 23 Jan 2025 | Quarterly Result Announcement | NA | 23 Jan 2025 | 69.75 | 75.91 |
| 23 Apr 2025 | Quarterly Result Announcement | NA | 23 Apr 2025 | 58.48 | 61.30 |
| 30 May 2025 | Annual General Meeting | NA | 30 May 2025 | 55.68 | 74.29 |
| 23 Jul 2025 | Quarterly Result Announcement | NA | 23 Jul 2025 | 64.46 | 62.64 |
| 23 Oct 2025 | Quarterly Result Announcement | NA | 23 Oct 2025 | 56.15 | 56.00 |
Announcements
Shareholder Meeting / Postal Ballot-Scrutinizer"s Report5 days ago
5 days agoShareholder Meeting / Postal Ballot-Outcome of Postal_Ballot5 days ago
5 days agoAnnouncement under Regulation 30 (LODR)-Newspaper Publication8 days ago
8 days agoBoard Meeting Outcome for Outcome Of Meeting Of The Board Of Directors Scheduled On October 23 20259 days ago
9 days agoOutcome Of Meeting Of The Board Of Directors Scheduled On October 23 20259 days ago
9 days agoBoard Meeting Intimation for Board Meeting Intimation - Regulation 29 Of Listing RegulationsOct 16, 2025
Oct 16, 2025Intimation Regarding Update In Contact Details Of MUFG Intime India Private Limited Registrar And Transfer Agent (RTA) Of The CompanyOct 07, 2025
Oct 07, 2025Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018Oct 06, 2025
Oct 06, 2025Announcement under Regulation 30 (LODR)-Newspaper PublicationSep 27, 2025
Sep 27, 2025Closure of Trading WindowSep 26, 2025
Sep 26, 2025Shareholder Meeting / Postal Ballot-Notice of Postal BallotSep 26, 2025
Sep 26, 2025Announcement under Regulation 30 (LODR)-Resignation of Company Secretary / Compliance OfficerSep 17, 2025
Sep 17, 2025Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseAug 21, 2025
Aug 21, 2025Announcement Under Regulation 30 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015 - Press ReleaseAug 12, 2025
Aug 12, 2025Announcement under Regulation 30 (LODR)-Resignation of DirectorAug 05, 2025
Aug 05, 2025Announcement under Regulation 30 (LODR)-Change in DirectorateAug 05, 2025
Aug 05, 2025Announcement under Regulation 30 (LODR)-Resignation of DirectorAug 05, 2025
Aug 05, 2025Announcement under Regulation 30 (LODR)-Change in DirectorateAug 05, 2025
Aug 05, 2025Disclosure Under Regulation 30 Of SEBI (Listing Obligations & Disclosure Requirements) Regulations 2015 (SEBI Listing Regulations)Jul 30, 2025
Jul 30, 2025Announcement under Regulation 30 (LODR)-Newspaper PublicationJul 24, 2025
Jul 24, 2025Announcement Under Regulation 30 (LODR)-Code Of Conduct Under SEBI (PIT) Regulations 2015Jul 23, 2025
Jul 23, 2025Outcome Of The Meeting Of The Board Of Directors - Financial Results For The 1St Quarter Ended June 30 2025Jul 23, 2025
Jul 23, 2025Board Meeting Outcome for Outcome Of Meeting Of The Board Of DirectorsJul 23, 2025
Jul 23, 2025Board Meeting Intimation for Board Meeting Intimation - Regulation 29 Of Listing RegulationsJul 16, 2025
Jul 16, 2025Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018Jul 09, 2025
Jul 09, 2025Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseJun 27, 2025
Jun 27, 2025Closure of Trading WindowJun 23, 2025
Jun 23, 2025Disclosure Under Regulation 30 Of SEBI (Listing Obligations & Disclosure Requirements) Regulations 2015 (SEBI Listing Regulations)Jun 18, 2025
Jun 18, 2025Volume Movement LetterJun 12, 2025
Jun 12, 2025Clarification sought from Tata Teleservices (Maharashtra) LtdJun 12, 2025
Jun 12, 2025Announcement under Regulation 30 (LODR)-Change in ManagementJun 02, 2025
Jun 02, 2025Shareholder Meeting / Postal Ballot-Scrutinizers ReportMay 30, 2025
May 30, 2025Shareholder Meeting / Postal Ballot-Outcome of AGMMay 30, 2025
May 30, 2025Volume Movement LetterMay 22, 2025
May 22, 2025Disclosure Under Regulation 30 Of SEBI (Listing Obligations & Disclosure Requirements) Regulations 2015 (SEBI Listing Regulations) - Update On Material Litigation.May 22, 2025
May 22, 2025Clarification sought from Tata Teleservices (Maharashtra) LtdMay 22, 2025
May 22, 2025Announcement under Regulation 30 (LODR)-Newspaper PublicationMay 06, 2025
May 06, 2025Business Responsibility and Sustainability Reporting (BRSR)May 05, 2025
May 05, 2025Compliances-Reg.24(A)-Annual Secretarial ComplianceMay 05, 2025
May 05, 2025Notice Of The 30Th Annual General Meeting Of The Company For The Financial Year 2024-2025 - Regulation 30 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015May 05, 2025
May 05, 2025Reg. 34 (1) Annual Report.May 05, 2025
May 05, 2025Disclosure Under Regulation 30 Of SEBI (Listing Obligations & Disclosure Requirements) Regulations 2015 (SEBI Listing Regulations) - Update On Material LitigationMay 04, 2025
May 04, 2025Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseMay 02, 2025
May 02, 2025Announcement under Regulation 30 (LODR)-Newspaper PublicationApr 25, 2025
Apr 25, 2025Appointment Of Secretarial AuditorApr 23, 2025
Apr 23, 2025Announcement under Regulation 30 (LODR)-Change in ManagementApr 23, 2025
Apr 23, 2025Outcome Of Meeting Of The Board Of Directors - Financial ResultsApr 23, 2025
Apr 23, 2025Board Meeting Outcome for Outcome Of Meeting Of The Board Of Directors - Financial ResultsApr 23, 2025
Apr 23, 2025Intimation Of Change In Contact Details Of MUFG Intime India Private Limited Registrar And Share Transfer Agent Of The CompanyApr 19, 2025
Apr 19, 2025Board Meeting Intimation for Board Meeting Intimation - Regulation 29 Of Listing RegulationsApr 16, 2025
Apr 16, 2025Mutual Fund Holdings
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About Tata Teleservices Maharashtra
Tata Teleservices (Maharashtra) Limited (TTML) is a telecommunications company providing digital connectivity and communication solutions for business enterprises in Maharashtra and Goa. Operating under the brand Tata Tele Business Services (TTBS), the company offers wireline voice, data, Cloud, and Software as a Service (SaaS) solutions to enterprise customers. TTML serves approximately 0.8 million wireline and wireless subscribers through telephone exchanges in various cities. The company has evolved from offering basic telephony services to providing advanced solutions like Smartflo cloud communication suite, Smart Internet Leased Line, and various security and collaboration tools. TTML has partnerships with Microsoft and Google for cloud infrastructure and workspace productivity tools. As of March 31, 2022, Tata Teleservices Limited owns 48.30% of TTML's equity shares, while Tata Sons Private Limited owns 19.58%.
Listing Date
26 Oct, 2000(25 Years,
-25 days)
Chairperson NameAmur Swaminathan Lakshminarayanan
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