NSE TTML · BSE 532371 · Communications Services · NIFTY 500
Tata Teleservices (Maharashtra) Share Price
₹35.10
▼ −₹0.59 · 1.66%
NSE · as of 24 Sep 2026, 10:24 AM · BSE ₹35.05
Today's range
₹34.92Low₹35.59High
52-week range
₹30.12Low · 30 Mar 2026₹60.08High · 7 Oct 2025
Tata Teleservices (Maharashtra) Overview
Where the price stands, how it has moved and how it sits against its averages.
Tata Teleservices (Maharashtra) shares last traded at ₹35.10 on the NSE, down 1.66% on the day. That is 41.6% below the 52-week high of ₹60.08 and 16.5% above the 52-week low of ₹30.12. The stock trades at 216.14× earnings, above the sector average of 15.79. Its market value is ₹6,864 Cr.
Price returns
1 Day▼ −1.66%
5 Days▲ +1.16%
This month▼ −7.65%
3 Months▼ −17.12%
6 Months▲ +2.12%
This year▼ −28.12%
1 Year▼ −37.37%
Against the market: 1 Month ▼ −1.39% · 3 Months ▼ −14.72% · 6 Months ▲ +2.73% · This year ▼ −18.14% · 1 Year ▼ −31.28%
Shading grows with the size of the move. Prices refresh every 15 minutes while the market is open (9:15 AM–3:30 PM IST); next update from Mon 28 Sep, 9:15 AM.
Moving averages — price is above 0 of 6
- 300-day average₹42.47 ▼ price 17.4% below
- 100-day average₹40.67 ▼ price 13.7% below
- 50-day average₹38.32 ▼ price 8.4% below
- 20-day average₹36.89 ▼ price 4.9% below
- 10-day average₹35.89 ▼ price 2.2% below
- 5-day average₹35.71 ▼ price 1.7% below
- Today's price₹35.10
Averages above today's price sit higher on the ladder. Price above most of its averages is usually read as an upward trend.
Tata Teleservices (Maharashtra) Financial Results
Revenue and net profit in ₹ crore, with the full statements underneath.
1,308
1,160
−3,714
−215
Year by year
| Fiscal year | Revenue | Growth | Net profit | Net margin | EPS | Dividend |
|---|---|---|---|---|---|---|
| FY 2026 | ₹1,160 Cr | ▼ −11.3% | −₹215 Cr | −18.6% | −₹1.10 | — |
| FY 2025 | ₹1,308 Cr | ▲ +9.8% | −₹1,275 Cr | −97.5% | −₹6.52 | — |
| FY 2024 | ₹1,192 Cr | ▲ +7.7% | −₹1,228 Cr | −103.1% | −₹6.28 | — |
| FY 2023 | ₹1,106 Cr | ▲ +1.1% | −₹1,145 Cr | −103.5% | −₹5.86 | — |
| FY 2022 | ₹1,094 Cr | ▲ +4.8% | −₹1,215 Cr | −111.1% | −₹6.22 | — |
| FY 2021 | ₹1,044 Cr | ▼ −3.2% | −₹1,997 Cr | −191.3% | −₹10.21 | — |
| FY 2020 | ₹1,078 Cr | — | −₹3,714 Cr | −344.6% | −₹19.00 | — |
344
302
−330
581
−72
Quarter by quarter
| Quarter | Revenue | vs prev. qtr | Net profit | Net margin | EPS |
|---|---|---|---|---|---|
| Q1 FY27 | ₹302 Cr | ▲ +2.0% | −₹72 Cr | −23.9% | −₹0.37 |
| Q4 FY26 | ₹296 Cr | ▲ +0.4% | ₹581 Cr | 196.6% | ₹2.98 |
| Q3 FY26 | ₹294 Cr | ▲ +2.9% | −₹150 Cr | −51.1% | −₹0.77 |
| Q2 FY26 | ₹286 Cr | ▲ +0.7% | −₹321 Cr | −112.1% | −₹1.64 |
| Q1 FY26 | ₹284 Cr | ▼ −7.8% | −₹325 Cr | −114.3% | −₹1.66 |
| Q4 FY25 | ₹308 Cr | ▼ −7.4% | −₹306 Cr | −99.4% | −₹1.56 |
| Q3 FY25 | ₹333 Cr | ▼ −3.1% | −₹315 Cr | −94.7% | −₹1.61 |
| Q2 FY25 | ₹344 Cr | — | −₹330 Cr | −96.2% | −₹1.69 |
Balance sheet — FY26
Owes (liabilities)Shareholders' equity
1590%
- Total assets₹1,341 Cr
- Total liabilities₹21,324 Cr
- Shareholders' equity−₹19,983 Cr
- Total debt₹10,247 Cr
- Cash & investments₹39 Cr
- Current ratio0.01×
- Revenue growth, 5 yr2.14% a year
- Operating margin (TTM)98.16%
- Net margin (TTM)3.19%
Cash flow — FY26
Operating activities
▲ ₹668 Cr
Investing activities
▼ −₹91 Cr
Financing activities
▼ −₹604 Cr
Free cash flow
▲ ₹532 Cr
Net change in cash
▼ −₹27 Cr
Right of the line = cash coming in, left = cash going out. Free cash flow = cash from operations minus capital spending.
Full financial statements, FY20–FY26
| ₹ crore | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|
| Total revenue | 1,077.74 | 1,043.66 | 1,093.80 | 1,106.17 | 1,191.65 | 1,308.04 | 1,160.23 |
| Cost of revenue | 279.74 | 270.27 | 313.52 | 281.35 | 300.69 | 333.62 | 184.47 |
| Gross profit | 798.00 | 773.39 | 780.28 | 824.82 | 890.96 | 974.42 | 975.76 |
| Operating expenses | 3,276.32 | 1,498.54 | 784.60 | 762.27 | 808.62 | 899.20 | 24.92 |
| Operating income | −2,198.58 | −454.88 | 309.20 | 343.90 | 383.03 | 408.84 | 1,135.31 |
| Depreciation | 194.98 | 168.73 | 160.21 | 147.16 | 150.44 | 167.93 | 141.83 |
| Profit before tax | −3,714.11 | −1,996.69 | −1,215.00 | −1,144.72 | −1,228.44 | −1,275.32 | −215.30 |
| Tax | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net profit | −3,714.11 | −1,996.69 | −1,215.00 | −1,144.72 | −1,228.44 | −1,275.32 | −215.30 |
| EPS (₹) | −19.00 | −10.21 | −6.22 | −5.86 | −6.28 | −6.52 | −1.10 |
| Dividend per share (₹) | — | — | — | — | — | — | — |
| ₹ crore | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|
| Total assets | 1,714.21 | 1,508.98 | 1,364.53 | 1,210.74 | 1,306.99 | 1,303.79 | 1,341.03 |
| Current assets | 595.62 | 487.67 | 378.27 | 271.47 | 290.49 | 294.48 | 184.33 |
| Cash & short-term investments | 84.53 | 113.52 | 117.21 | 80.62 | 66.76 | 100.35 | 38.53 |
| Inventory | 2.27 | 1.33 | 0.76 | 1.96 | 3.06 | 4.37 | 1.02 |
| Property, plant & equipment | 930.19 | 856.81 | 804.93 | 767.84 | 843.79 | 830.13 | 964.37 |
| Total liabilities | 19,193.37 | 19,999.86 | 20,197.01 | 20,265.27 | 20,559.94 | 20,874.08 | 21,324.41 |
| Current liabilities | 12,880.00 | 10,009.02 | 9,423.40 | 10,221.39 | 7,534.74 | 9,956.90 | 18,184.14 |
| Total debt | 16,895.01 | 19,538.82 | 19,756.30 | 19,868.54 | 20,047.16 | 20,415.80 | 10,247.41 |
| Total equity | −17,479.16 | −18,490.88 | −18,832.48 | −19,054.53 | −19,252.95 | −19,570.29 | −19,983.38 |
| ₹ crore | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|
| From operations | −359.72 | 567.22 | 532.40 | 558.08 | 586.07 | 505.13 | 667.56 |
| From investing | 510.12 | −176.52 | −131.84 | −66.20 | −64.46 | −109.42 | −90.58 |
| From financing | −237.00 | −432.22 | −426.87 | −494.37 | −503.41 | −385.75 | −603.95 |
| Capital expenditure | −109.91 | −113.77 | −107.62 | −111.03 | −108.76 | −99.12 | −135.07 |
| Dividends paid | — | — | — | — | — | — | — |
| Net change in cash | −86.60 | −41.52 | −26.31 | −2.49 | 18.20 | 9.96 | −26.97 |
Tata Teleservices (Maharashtra) vs Peers
Side by side with other communications services companies. The small bars compare each column.
| Company | Price | Change | Market cap | P/E | P/B | ROE (5 yr) | Net margin | Div. yield | Rating |
|---|---|---|---|---|---|---|---|---|---|
| Tata Teleservices (Maharashtra) | ₹35.10 | ▼ −1.66% | ₹6,864 Cr | 216.14 | — | — | 3.19% | 0.00% | This stock |
| Bharti Airtel | ₹1,791.00 | ▼ −2.18% | ₹11,17,674 Cr | 39.77 | 7.80 | 18.10% | 16.03% | 1.26% | Bearish |
| Bharti Hexacom | ₹1,519.90 | ▼ −0.38% | ₹75,607 Cr | 45.64 | 11.20 | 25.87% | 18.53% | 1.12% | Bearish |
| Tata Communications | ₹1,673.20 | ▼ −1.61% | ₹47,886 Cr | 46.92 | 15.02 | 78.26% | 4.06% | 0.96% | Bearish |
| Tanla Platforms | ₹489.00 | ▼ −2.22% | ₹6,503 Cr | 15.29 | 3.12 | 29.09% | 11.53% | 2.05% | Bearish |
| Route Mobile | ₹463.80 | ▼ −2.21% | ₹2,931 Cr | 10.46 | 1.28 | 14.57% | 5.83% | 1.96% | Bearish |
Rating = the data provider's overall technical view of each peer. Company names link to their own pages.
Tata Teleservices (Maharashtra) Key Metrics
Each ratio placed against a benchmark — the sector average, the company's own 5-year average, or a common rule of thumb.
Tata Teleservices (Maharashtra)BenchmarkComfortable → stretched
Valuation Is the price reasonable?
P/E (TTM)Price ÷ yearly earnings per share
216.14
▲ 1,269% above the sector average of 15.79
P/SPrice ÷ sales per share
5.92
P/CFPrice ÷ cash flow per share
39.65
Profitability Of every ₹100 of sales, how much is kept?
Operating marginKept after running costs
98.16%
▲ above its 5-yr average of 44.03%
Pre-tax marginKept before tax
3.19%
▲ above its 5-yr average of −86.67%
Net marginKept as profit
3.19%
▲ above its 5-yr average of −86.67%
Returns & efficiency How well does it use its money?
Return on assetsProfit on everything it owns
−16.28%
▲ above its 5-yr average of −76.82%
Growth Is the business getting bigger?
Revenue — last 12 months
−7.2%
▼ shrinking
Revenue — 3 yr, a year
+1.6%
▲ growing
Revenue — 5 yr, a year
+2.1%
▲ growing
EPS — last 12 months
+103.0%
▲ growing (off the scale)
Financial strength Can it pay its bills and debts?
Current ratioShort-term assets for every ₹1 due within a year
0.01×
Quick ratioLike the current ratio, without inventory
0.01×
Interest coverOperating profit ÷ interest to pay
0.37×
Payout ratioShare of profit paid as dividend
0.00%
Per share What each share stands for
EPS (TTM)
₹0.20
Book value
−₹102.22
Cash flow
₹0.90
Dividend
₹0.00
Revenue
₹6.03
Benchmarks: sector averages and 5-year averages come from the data provider; the debt and liquidity bands are common rules of thumb, not investment advice.
All 88 metrics from the data provider
Valuation
Current Dividend Yield - Common Stock Primary Issue, LTM0.00
P/E Basic excluding extraordinary items - TTM216.14
P/E including extraordinary items - TTM179.89
P/E excluding extraordinary items low, trailing 12 months216.14
Price to sales - most recent fiscal year6.00
Price to Cash Flow per share - trailing 12 month39.65
Price to Free Cash Flow per Share - most recent fiscal year13.08
P/E excluding extraordinary items high, trailing 12 months216.14
P/E excluding extraordinary items, most recent fiscal year quarter179.89
Price to sales - trailing 12 month5.92
Net Debt, LFY1,02,088.80
Per share
Cash Flow per share - trailing 12 month0.90
Cash Flow per share - most recent fiscal year−0.38
EPS including extraordinary items - trailing 12 month0.20
EPS including extraordinary items - most recent fiscal year−1.10
EBITD per share - trailing 12 month3.25
Revenue/share - trailing 12 month6.03
EPS excluding extraordinary items - trailing 12 month0.20
EPS Basic excluding extraordinary items - most recent fiscal year−1.10
EPS Basic excluding extraordinary items - trailing 12 month0.20
Book value per share - most recent fiscal year−102.22
Revenue/share - most recent fiscal year5.93
EPS Normalized - most recent fiscal year−4.35
Book value (tangible) per share - most recent fiscal year−102.23
Dividends per share - trailing 12 month0.00
EPS excluding extraordinary items - most recent fiscal year−1.10
Cash per share - most recent fiscal year0.20
Margins
Operating margin - trailing 12 month98.16
Gross Margin - 5 year average75.88
Operating margin - 1st historical fiscal year97.85
Operating Margin - 5 year average44.03
Net Profit Margin % - 1st historical fiscal year−18.56
Gross Margin - 1st historical fiscal year84.10
Net Profit Margin % - trailing 12 month3.19
Net Profit Margin - 5 year average−86.67
Pretax Margin - 5 year average−86.67
Pretax margin - 1st historical fiscal year−18.56
Pretax margin - trailing 12 month3.19
Free Operating Cash Flow/Revenue, 5 Year Average39.04
Growth
EPS Change %, TTM over TTM103.04
Revenue growth rate, 5 year2.14
Revenue Change % - most recent quarter 1 year ago6.09
Revenue/share (5 yr growth)2.14
Free Operating Cash Flow, 5 Year CAGR3.27
Earnings Before Interest, Taxes, Depreciation & Amortization, 5 Year Interim CAGR5.41
Capital Spending growth rate, 5 year3.49
Revenue Change %, TTM over TTM−7.19
Growth rate% - Revenue, 3 year1.60
EPS Change % - most recent quarter 1 year ago77.71
Earnings Before Interest, Taxes, Depreciation & Amortization, 5 Year CAGR5.21
Total Debt, 5 Year CAGR−12.11
Financial strength
Net Interest coverage - most recent fiscal year0.37
Free Cash Flow - most recent fiscal year5,324.90
Quick ratio - most recent fiscal year0.01
Payout ratio - trailing 12 month0.00
Current ratio - most recent fiscal year0.01
Net Interest coverage - trailing 12 month0.44
Returns & efficiency
Net Income/employee - trailing 12 month9,47,727.30
Revenue/employee - most recent fiscal year2,95,22,390.00
Return on average assets - most recent fiscal year−16.28
Receivables turnover - most recent fiscal year9.66
Inventory turnover - most recent fiscal year68.45
Revenue/employee - trailing 12 month2,97,36,110.00
Return on average assets - 5 year average−76.82
Net Income/employee - most recent fiscal year−54,78,372.00
Asset turnover - most recent fiscal year0.88
Price & volume
Market Cap6,863.67
52 week Low Date30 Mar 2026
Price - 1 Day % Change0.03
Relative (S&P500) price percent change - 13 week−14.72
Avg trading volume last 10 days1.61
Price - 13 week price percent change−17.12
Price - 52 week price percent change−37.37
Avg Trading Volume Last 3 months54.36
Price - 5 Day % Change1.16
Price % Change Month To Date−7.65
Relative (S&P500) price percent change - 04 week−1.39
52 week High Date7 Oct 2025
Price - 26 week price percent change2.12
PDATE23 Sep 2026
Price - YTD price percent change−28.12
Relative (S&P500) price percent change - 52 week−31.28
NPRICE35.63
Relative (S&P500) price percent change - 26 week2.73
52 week Low31.22
52 week High60.08
Beta1.31
Relative (S&P500) price percent change - Year to Date−18.14
Dividends & Corporate Events
Payouts to shareholders, splits and bonus issues, and company meetings — newest first.
- Dividend yield0.00%
- Payout ratio0.00%
No dividends on record.
Corporate calendar
- BoardQuarterly Results & Others
- MeetingAnnual General Meeting
- BoardAudited Results
- BoardQuarterly Results
- BoardQuarterly Results
- BoardQuarterly Results
- MeetingAnnual General Meeting
- BoardAudited Results
Show 6 older events
- BoardQuarterly Results
- BoardQuarterly Results
- MeetingAnnual General Meeting
- MeetingAnnual General Meeting
- MeetingAnnual General Meeting
- MeetingAnnual General Meeting
About Tata Teleservices (Maharashtra)
Communications Services
Tata Teleservices (Maharashtra) Limited is engaged in the business of providing telecommunication services. The Company, equipped with Unified Licenses (UL)-access service authorization for 17 License Service Area (LSA), caters to the regions of Maharashtra and Goa. It operates under the brand name of Tata Tele Business Services and offers a comprehensive suite of smart digital solutions comprising Network & Connectivity, Business Communications, Security, Marketing, and Managed Services. Its Network & Connectivity includes Business Wi-Fi, Smart WAN, Internet Leased Line and Broadband. Its Business Communication includes Outbound & Marketing Communications, Inbound Communications, and Integrated Solutions. Its Smartflo UCaaS offers business communication by integrating Microsoft Teams and PSTN. Its Smart Internet Telephony offers voice services over the internet. Its EZ Cloud Connect provides secure connectivity across offices, data centers and cloud ports.
Key people
- Shinu MathaiChief Financial Officer
- Amit GuptaCompliance Officer, Company Secretary
- Harjit SinghManaging Director, Executive Director
Company facts
- NSE symbolTTML
- BSE code532371
- ISININE517B01013
- IndustryCommunications Services
- IndexNIFTY 500
- Market cap₹6,864 Cr
- Revenue (FY26)₹1,160 Cr
- Net profit (FY26)−₹215 Cr
Stock data comes from the exchange feed via our data provider and may be delayed. It is for information only and is not a recommendation to buy or sell. See all stocks →
Frequently Asked Questions
Tata Teleservices (Maharashtra) (NSE: TTML) last traded at ₹35.10 on the NSE, down 1.66% (₹0.59) on the day, as of 24 Sep 2026, 10:24 AM. On the BSE it was ₹35.05. The day's range was ₹34.92 – ₹35.59.
Tata Teleservices (Maharashtra)'s 52-week high is ₹60.08 (7 Oct 2025) and its 52-week low is ₹30.12 (30 Mar 2026). At ₹35.10 the share is 41.6% below its high and 16.5% above its low.
Tata Teleservices (Maharashtra)'s market capitalisation is ₹6,864 Cr (₹6,864 Cr). It is part of the NIFTY 500 index.
Tata Teleservices (Maharashtra)'s P/E ratio (trailing 12 months) is 216.14. The sector average is 15.79, so investors pay 1,269% more for each rupee of its earnings than for the average company in its sector. Its earnings per share (TTM) are ₹0.20.
Tata Teleservices (Maharashtra) shares are down 37.37% over the last year, down 28.12% so far this year, up 2.12% over 6 months, down 17.12% over 3 months. Over the last year the stock did 31.28% worse than the market.
In FY26 (year to Mar 2026), Tata Teleservices (Maharashtra) reported revenue of ₹1,160 Cr (down 11.30% on the year before) and a net loss of ₹215 Cr. Earnings per share were −₹1.10.
There is no dividend on record for Tata Teleservices (Maharashtra) in the data shown on this page.
As of Jun 2026: Promoter 74.36%, FII 2.52%, MF 0.17%, Other 22.95%.
Tata Teleservices (Maharashtra)'s listed peers in Communications Services include Bharti Airtel, Bharti Hexacom, Tata Communications, Tanla Platforms, Route Mobile. By market capitalisation it ranks #4 of 6 in this group.
In Q1 FY27 (quarter to Jun 2026), revenue was ₹302 Cr and net loss ₹72 Cr. Revenue was up 2.04% on the previous quarter.