| 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 | 1,275 |
| Expenses | 2,293 | 2,228 | 2,127 | 1,805 | 620 | 656 | 555 | 626 | 614 | 664 | 737 | 684 |
| EBITDA | 647 | 785 | 680 | 202 | 733 | 456 | 513 | 485 | 509 | 544 | 587 | 591 |
| Operating Profit % | 21 % | 25 % | 21 % | 3 % | 51 % | 39 % | 47 % | 43 % | 45 % | 44 % | 44 % | 46 % |
| Depreciation | 611 | 460 | 796 | 533 | 178 | 195 | 169 | 160 | 147 | 150 | 168 | 164 |
| Interest | 651 | 684 | 1,282 | 1,569 | 1,554 | 1,545 | 1,561 | 1,539 | 1,502 | 1,622 | 1,694 | 1,704 |
| Profit Before Tax | -615 | -358 | -2,357 | -9,842 | -668 | -3,714 | -1,997 | -1,215 | -1,145 | -1,228 | -1,275 | -1,277 |
| 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 | -1,277 |
| 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
57.70
+1.23
(2.18%)
Key Fundamentals
Market Cap
11,279.90 Cr
EPS
-6.52
PE Ratio
-
Dividend Yield
0.00 %
Industry
Telecom 52 Week High
88.90
52 Week Low
50.10
PB Ratio
-0.41
Debt to Equity
0.00
Sector
Telecom Service Provider Actual
Company News
View All News
Tata Teleservices Maharashtra Seeks Shareholder Approval for Director Appointment via Postal Ballot
Sep 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.
Tata Teleservices (Maharashtra) Limited announced that Ms Vrushali Dhamnaskar has resigned from her position as Company Secretary & Compliance Officer, effective December 13, 2025. She submitted her resignation to pursue an alternate career opportunity outside the organization. Following her resignation, she will cease to be a Key Managerial Personnel under Regulation 30(5) of the Listing Regulations. The company stated there are no material reasons for her resignation other than the career opportunity mentioned. Ms Dhamnaskar holds no shareholding in the company.
Tata Teleservices Partners With McAfee To Enhance Cybersecurity Solutions For Indian MSMEsAug 12, 2025
Aug 12, 2025Tata Teleservices has formed a partnership with McAfee to strengthen cybersecurity offerings for micro, small, and medium enterprises (MSMEs) in India. The collaboration aims to provide enhanced cybersecurity solutions to the MSME sector.
View more
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 |
|---|---|---|---|---|---|---|---|---|
1,939.90 | #1 11,06,151.40 | #1 38.10 | #1 1,74,558.90 | 15.28 | #1 37,481 | 57.32 | 56.74 | |
9.04 | 97,942.10 | - | 44,591.90 | 4.27 | -27,383 | -2.74 | 63.91 | |
1,751.90 | 87,595.00 | 60.95 | 8,729.70 | #1 18.97 | 1,494 | -23.40 | 54.66 | |
1,469.40 | 57,642.70 | - | 0.00 | - | 0 | - | 55.69 | |
1,870.20 | 53,300.70 | 51.21 | 23,238.90 | 10.40 | 1,583 | -42.90 | 79.86 | |
57.70 | #6 11,279.90 | - | #6 1,323.90 | #6 9.61 | #7 -1,275 | #4 -0.49 | 52.77 | |
42.95 | 2,705.80 | - | 1,378.50 | 0.39 | -3,328 | -21.94 | 41.46 | |
1.42 | 392.70 | - | 391.00 | -9.90 | -186 | -15.32 | 48.32 | |
0.39 | 23.90 | - | 566.90 | 7.18 | -132 | 54.15 | 41.34 | |
9.00 | 4.20 | - | 10.40 | 13.04 | -2 | #1 400.00 | 14.85 |
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 |
| 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 % |
| 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 % |
| 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 % |
| 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 % |
| 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 % |
| 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 % |
| 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 |
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 |
Announcements
Intimation Regarding Update In Contact Details Of MUFG Intime India Private Limited Registrar And Transfer Agent (RTA) Of The Company5 days ago
5 days agoCompliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 20185 days ago
5 days agoAnnouncement 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, 2025Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018Apr 07, 2025
Apr 07, 2025Closure of Trading WindowMar 24, 2025
Mar 24, 2025Disclosure Under Regulation 30 Of Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations 2015 - Intimation Of Resignation Of Senior Managerial Personnel Of The CompanyMar 15, 2025
Mar 15, 2025Announcement under Regulation 30 (LODR)-Change in DirectorateFeb 28, 2025
Feb 28, 2025Disclosure Under Regulation 30 Of SEBI (Listing Obligations & Disclosure Requirements) Regulations 2015 (SEBI Listing Regulations) - Update On Material LitigationFeb 25, 2025
Feb 25, 2025Disclosure Under Regulation 30 Of SEBI (Listing Obligations & Disclosure Requirements) Regulations 2015 (SEBI Listing Regulations) - Update On Material LitigationFeb 14, 2025
Feb 14, 2025Mutual Fund Holdings
Nippon India Nifty 500 Equal Weight Index Fund Direct-Growth 
SBI Nifty Smallcap 250 Index Fund Direct - Growth 
JioBlackRock Nifty Smallcap 250 Index Fund Direct - Growth 
Motilal Oswal Nifty Smallcap 250 Index Fund Direct - Growth 
HDFC Nifty Smallcap 250 Index Fund Direct-Growth 
Edelweiss Nifty Smallcap 250 Index Fund Direct - Growth 
ICICI Prudential Nifty Smallcap 250 Index Fund Direct - Growth 
Groww Nifty Smallcap 250 Index Fund Direct - Growth 
Bandhan Nifty Smallcap 250 Index Fund Direct-Growth 
Kotak Nifty Smallcap 250 Index Fund Direct-Growth 
Axis Nifty 500 Index Fund Direct-Growth 
Navi Nifty 500 Multicap 50:25:25 Index Fund Direct-Growth 
Angel One Nifty Total Market Index Fund Direct - Growth 
Mirae Asset Nifty Total Market Index Fund Direct-Growth Technical Indicators
RSI(14)
Neutral 52.77
ATR(14)
Volatile 1.75
STOCH(9,6)
Neutral 57.77
STOCH RSI(14)
Neutral 66.37
MACD(12,26)
Bullish 0.24
ADX(14)
Weak Trend 21.50
UO(9)
Bearish 41.74
ROC(12)
Uptrend And Accelerating 1.42
WillR(14)
Neutral -43.51
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(24 Years,
16 days)
Chairperson NameAmur Swaminathan Lakshminarayanan
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