



Telecommunication | Small Cap
Tata Teleservices (Maharashtra) Ltd presents a high-risk financial profile marked by a sharp contrast between growth and profitability. The company demonstrates notable strengths in expanding its business, as seen in its strong revenue and asset growth. It also manages its short-term operations, like inventory and customer payments, with good efficiency. However, these positives are overshadowed by severe financial weaknesses. The company is fundamentally unprofitable, with losses occurring at every level of its operations. Its debt is so substantial that it has resulted in a negative net worth, meaning liabilities exceed assets. Furthermore, its earnings are insufficient to cover interest payments on its debt, a significant sign of financial distress. The future outlook is precarious; while the company is growing its market presence, its path is unsustainable without a major turnaround in profitability.
Tata Teleservices (Maharashtra) Ltd presents a high-risk financial profile marked by a sharp contrast between growth and profitability. The company demonstrates notable strengths in expanding its business, as seen in its strong revenue and asset growth. It also manages its short-term operations, like inventory and customer payments, with good efficiency. However, these positives are overshadowed by severe financial weaknesses. The company is fundamentally unprofitable, with losses occurring at every level of its operations. Its debt is so substantial that it has resulted in a negative net worth, meaning liabilities exceed assets. Furthermore, its earnings are insufficient to cover interest payments on its debt, a significant sign of financial distress. The future outlook is precarious; while the company is growing its market presence, its path is unsustainable without a major turnaround in profitability.
Overall Valuation Score
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0
0
Sell Orders
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0
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Markets Today NSE
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0.00
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0.00
Avg Price
0.00
Volume
0
Last Traded Quantity
0
Last Traded Time
N/A
Price Movement Indicator
Today's Low: 0.00
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P/E RATIO (TTM)
-6.01
Industry Median
42.85
Small Cap Median
23.58
P/E RATIO
105.19
P/B RATIO
-13.56
Industry Median
-0.00
Small Cap Median
-0.03
P/S RATIO
3.35
Industry Median
3.35
Small Cap Median
2.88
Others
PEG RATIO
0.00
EV/EBITDA RATIO
10.16
The Calculations Shown Above Are Based on the Last Traded Price (LTP) of ₹38.92 as on Sep 1, 2026.
The company is in an aggressive expansion mode, evidenced by strong growth in revenues and its asset base. This shows success in capturing market share and investing for the future. However, this growth is financially unhealthy. Despite rising sales, the company's profits have plummeted, with operating profit, net income, and earnings per share all in sharp decline. This suggests a growth-at-all-costs strategy that is eroding profitability and is not sustainable in the long term.
| Growth Ratios | Mar 2010 | Mar 2011 |
|---|---|---|
| Revenue Growth Rate | 7.59 | 8.01 |
| Operating Profit Growth Rate | -28.86 | -282 |
| Earnings Per Share (EPS) Growth | -87.34 | 125 |
| Asset Growth Rate | 19.45 | 21.58 |
| Net Income Growth Rate | -87.06 | 125.16 |
Revenue Growth Rate
Operating Profit Growth Rate
Earnings Per Share (EPS) Growth
Asset Growth Rate
Net Income Growth Rate
Peer Comparison empowers investors to evaluate a company against its industry peers using key financial metrics like P/E ratio, EPS, and profit margins. It helps identify whether a company is overvalued, undervalued, or performing in line with competitors. Investors can use this data to spot opportunities, assess risks, and make informed decisions. This contextual view adds depth beyond standalone company analysis.
| NO | Company Name | Health Score | P/E Ratio | Valuation | OPM | EPS | Latest Profit & Loss |
|---|---|---|---|---|---|---|---|
| 1 | Railtel Corporation of India Ltd | 8.37 | 47.18 | Highly Overvalued | 362.00 | 10.79 | 215.00 |
| 2 | Tata Teleservices (Maharashtra) Ltd | 3.68 | 105.19 | Neutral | -637.00 | -1.10 | 80.00 |
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Overall Score
Strong Bearish
Bearish
Neutral
Bullish
Strong Bullish
Neutral
Market Sentiment
Analysis Driven By 1 Technical Indicators From The 1 Hour Timeframe
Analyzing moving average trends and crossovers. Green/Red badges indicate if the current condition passes or fails.
Comparing stock price performance (normalized) against benchmark indices over time.
Recent daily trading volume represented as a bar chart, alongside historical averages.
Current closing price relative to the 52-week highest and lowest prices.
Quarterly Report⬤23rd Apr 26
Financial Results for Quarter & Year Ended March 31, 2026
UNDEFINED SENTIMENT
Quarterly Report⬤20th Jan 26
Quarterly Financial Results Q3 FY 2025–26
BEARISH SENTIMENT
Tata Teleservices (Maharashtra) Ltd (TTML), a part of the Tata Group, is an Indian telecommunications company. Having exited the consumer mobility space, TTML now primarily focuses on providing a comprehensive portfolio of digital solutions and connectivity services, including cloud, IoT, and collaboration tools, to enterprises and SMBs across India under the 'Tata Tele Business Services' (TTBS) brand.
P/E Ratio (TTM): Price to Earnings ratio shows how much an investor pays for every rupee of the company's earnings. Tata Teleservices (Maharashtra) Ltd's P/E ratio (TTM) is -6.01, compared to the industry median of 42.85 and large cap median of 23.58.
P/B Ratio: Price to Book ratio compares a company's market price to its book value per share. Tata Teleservices (Maharashtra) Ltd's P/B ratio is -13.56, compared to the industry median of -0.00 and large cap median of -0.03.
P/S Ratio: Price to Sales ratio compares a company's market value to its total revenue. Tata Teleservices (Maharashtra) Ltd's P/S ratio is 3.35, compared to the industry median of 3.35 and large cap median of 2.88.
PEG Ratio: PEG ratio adjusts the P/E ratio for expected earnings growth. Tata Teleservices (Maharashtra) Ltd's PEG ratio is N/A (Negative Earnings).
EV/EBITDA Ratio: This ratio compares a company's enterprise value to its earnings before interest, tax, depreciation, and amortization. Tata Teleservices (Maharashtra) Ltd's EV/EBITDA ratio is 10.16.
Return on Equity (ROE): ROE measures how much profit a company generates from shareholders' invested capital. Tata Teleservices (Maharashtra) Ltd's ROE is N/A.
Return on Assets (ROA): ROA measures how efficiently a company converts its assets into net profit. Tata Teleservices (Maharashtra) Ltd's ROA is -10.89%.
Return on Capital Employed (ROCE): ROCE measures how efficiently a company generates profit from all the capital it employs. Tata Teleservices (Maharashtra) Ltd's ROCE is -13%.
Operating Margin: Operating margin shows what percentage of revenue remains after covering operating expenses. Tata Teleservices (Maharashtra) Ltd's operating margin is -28.11%.
Net Margin: Net margin shows what percentage of revenue converts into final net profit. Tata Teleservices (Maharashtra) Ltd's net margin is 3.53%.
Current Ratio: The current ratio measures a company's ability to pay short-term liabilities using short-term assets. Tata Teleservices (Maharashtra) Ltd's current ratio is 0.49.
Debt to Equity Ratio: This ratio shows the proportion of debt a company uses relative to shareholders' equity. Tata Teleservices (Maharashtra) Ltd's debt-to-equity ratio is -7.67.
Interest Coverage Ratio: This ratio shows how easily a company can pay interest on its outstanding debt from its operating earnings. Tata Teleservices (Maharashtra) Ltd's interest coverage ratio is 1.22.
Dividend Per Share (DPS): DPS shows the total dividend paid per share in the latest financial year. Tata Teleservices (Maharashtra) Ltd's DPS is ₹0.
Earnings Per Share (EPS): EPS shows how much profit is allocated to each outstanding share. Tata Teleservices (Maharashtra) Ltd's EPS is 125.
(Source line: "Ratios as of 28 Sept 2026, based on last traded price of ₹38.92. Data sourced from BSE/NSE Exchange Filings & Public Terminal Data.")
Founded: 1995 (as Hughes Ispat Limited)
Headquarters: Mumbai, Maharashtra
Core Offerings: Connectivity Solutions, Cloud & SaaS, Collaboration Services, Security Solutions
Stock Listing: NSE (TTML), BSE (532371)
Promoter: Tata Group
1995: Incorporated as Hughes Ispat Limited. 2000: Name changed to Hughes Telecom (India) Limited. 2002: Tata Group acquired a majority stake, and the company was renamed Tata Teleservices (Maharashtra) Limited. Early 2000s - 2017: Operated as a significant player in India's mobile and fixed-line telecom sector. 2017-2019: Due to intense market competition and financial pressures, TTML decided to exit the consumer mobile business. Its consumer mobility operations were transferred to Bharti Airtel Ltd. Present: The company, through its subsidiary Tata Teleservices Limited, transitioned its focus entirely to providing comprehensive digital and connectivity solutions to enterprise and SMB segments under the 'Tata Tele Business Services' (TTBS) brand.
| Segment Name | Revenue % | EBITDA |
|---|---|---|
| Enterprise Digital Solutions & Connectivity | N/A (Primary Business) | Operating Profit |
Connectivity Solutions: Provides high-speed internet, leased lines, and VPN services, ensuring robust and secure network infrastructure for businesses.
Cloud & SaaS Offerings: Delivers a range of cloud-based services, including hosted voice, data storage, and various Software-as-a-Service applications to enhance operational efficiency.
Collaboration & Security Solutions: Offers unified communication platforms, audio/video conferencing, and comprehensive cybersecurity services to facilitate teamwork and protect enterprise data.
Venkatraman S. (Managing Director & CEO): Leads the company's strategic direction and operations, focusing on the enterprise business transformation and growth initiatives.
2019: Rights issue of equity shares worth ₹20,000 crores. 2019: Transfer of consumer mobile business undertaking to Bharti Airtel Ltd effective July 1, 2019. 2022: Preferential allotment of equity shares to the promoter group.
The Tata Teleservices (Maharashtra) Ltd share price today is ₹38.92 on NSE (TTML), as of 28 Sept 2026.
As of 28 Sept 2026, Tata Teleservices (Maharashtra) Ltd share price is ₹38.92, with previous close ₹38.92. Today's range is ₹38.92 to ₹38.92. The 52-week range is ₹N/A to ₹N/A.
As of today, Tata Teleservices (Maharashtra) Ltd's market cap is ₹7,589.4 crore (Mid Cap).
Tata Teleservices (Maharashtra) Ltd's current P/E ratio is -6.01, compared to the TELECOM SERVICES sector average of 19.95.
Tata Teleservices (Maharashtra) Ltd's current P/B ratio is -13.56.
Tata Teleservices (Maharashtra) Ltd's current dividend yield is N/A. Last dividend of ₹0.00 per share was declared on N/A.
Tata Teleservices (Maharashtra) Ltd's EPS (TTM) is ₹125.
Tata Teleservices (Maharashtra) Ltd (TTML), a part of the Tata Group, is an Indian telecommunications company. Having exited the consumer mobility space, TTML now primarily focuses on providing a comprehensive portfolio of digital solutions and connectivity services, including cloud, IoT, and collaboration tools, to enterprises and SMBs across India under the 'Tata Tele Business Services' (TTBS) brand.
Tata Teleservices (Maharashtra) Ltd is promoted by Tata Group, holding 20,342.16% as of 28 Sept 2026.
Tata Teleservices (Maharashtra) Ltd is listed on NSE (TTML) and BSE (532371). Its next quarterly results are expected on August 2024 (for Q1 FY25).