Tata Teleservices (Maharashtra) Ltd
₹ 38.2
0.13%
17 Mar
2:41 p.m.
About
Tata Teleservices Ltd is engaged in the business of Wired and wireless telecommunication activities and holds a Unified License with Access Service Authorisation in Maharashtra and Goa and also as in Internet Service Provider Category The co. is focused on providing various wireline voice, data, and managed telecom services. [1][2]
Key Points
- Market Cap ₹ 7,470 Cr.
- Current Price ₹ 38.2
- High / Low ₹ 81.2 / 37.1
- Stock P/E
- Book Value ₹ -101
- Dividend Yield 0.00 %
- ROCE 50.3 %
- ROE %
- Face Value ₹ 10.0
Pros
Cons
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of 3.95% over past five years.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
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Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2,731 | 2,893 | 2,972 | 2,703 | 1,869 | 1,277 | 1,078 | 1,044 | 1,094 | 1,106 | 1,192 | 1,308 | 1,173 | |
| 2,199 | 2,292 | 2,227 | 2,057 | 1,734 | 614 | 656 | 555 | 626 | 614 | 664 | 737 | 558 | |
| Operating Profit | 532 | 601 | 745 | 646 | 135 | 664 | 422 | 489 | 468 | 492 | 527 | 571 | 615 |
| OPM % | 19% | 21% | 25% | 24% | 7% | 52% | 39% | 47% | 43% | 45% | 44% | 44% | 52% |
| 83 | 45 | 40 | -924 | -7,875 | 400 | -2,396 | -756 | 17 | 11 | 16 | 16 | -0 | |
| Interest | 565 | 651 | 684 | 1,282 | 1,569 | 1,554 | 1,545 | 1,561 | 1,539 | 1,502 | 1,622 | 1,694 | 1,565 |
| Depreciation | 609 | 611 | 460 | 796 | 533 | 178 | 195 | 169 | 160 | 147 | 150 | 168 | 152 |
| Profit before tax | -560 | -615 | -358 | -2,356 | -9,842 | -668 | -3,714 | -1,997 | -1,215 | -1,145 | -1,228 | -1,275 | -1,103 |
| Tax % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | |
| -560 | -615 | -358 | -2,356 | -9,842 | -668 | -3,714 | -1,997 | -1,215 | -1,145 | -1,228 | -1,275 | -1,103 | |
| EPS in Rs | -2.87 | -3.15 | -1.83 | -12.05 | -50.35 | -3.42 | -19.00 | -10.21 | -6.22 | -5.86 | -6.28 | -6.52 | -5.64 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | -8% |
| 5 Years: | 4% |
| 3 Years: | 6% |
| TTM: | -11% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 0% |
| 3 Years: | -2% |
| TTM: | 15% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 20% |
| 5 Years: | 21% |
| 3 Years: | -13% |
| 1 Year: | -36% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| Last Year: | % |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 1,955 | 1,955 | 1,955 | 1,955 | 1,955 | 1,955 | 1,955 | 1,955 | 1,955 | 1,955 | 1,955 | 1,955 | 1,955 |
| Reserves | -4,308 | -4,923 | -5,941 | -7,864 | -17,114 | -16,775 | -19,434 | -20,446 | -20,787 | -21,009 | -21,208 | -21,525 | -21,699 |
| 6,520 | 7,410 | 11,654 | 16,220 | 15,578 | 16,545 | 16,895 | 19,354 | 19,794 | 19,869 | 20,047 | 20,416 | 20,502 | |
| 1,499 | 1,602 | 1,794 | 1,595 | 2,961 | 2,805 | 2,298 | 646 | 403 | 397 | 513 | 458 | 477 | |
| Total Liabilities | 5,666 | 6,044 | 9,462 | 11,906 | 3,380 | 4,531 | 1,714 | 1,509 | 1,365 | 1,211 | 1,307 | 1,304 | 1,235 |
| 4,518 | 4,188 | 3,363 | 7,460 | 847 | 718 | 894 | 830 | 779 | 740 | 788 | 798 | 785 | |
| CWIP | 38 | 46 | 4,246 | 2,504 | 27 | 26 | 39 | 29 | 28 | 34 | 59 | 35 | 24 |
| Investments | 0 | 0 | 592 | 680 | 378 | 609 | 0 | 70 | 100 | 66 | 34 | 58 | 68 |
| 1,111 | 1,809 | 1,260 | 1,263 | 2,129 | 3,178 | 781 | 580 | 457 | 369 | 425 | 413 | 357 | |
| Total Assets | 5,666 | 6,044 | 9,462 | 11,906 | 3,380 | 4,531 | 1,714 | 1,509 | 1,365 | 1,211 | 1,307 | 1,304 | 1,235 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 709 | 636 | 766 | 730 | 603 | -734 | -360 | 567 | 530 | 558 | 587 | 505 | |
| -266 | -785 | -1,183 | -2,198 | 259 | -101 | 510 | -177 | -130 | -66 | -65 | -109 | |
| -510 | 177 | 434 | 1,041 | -860 | 967 | -237 | -432 | -427 | -494 | -503 | -386 | |
| Net Cash Flow | -67 | 28 | 18 | -427 | 2 | 132 | -87 | -42 | -26 | -2 | 18 | 10 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 34 | 25 | 36 | 31 | 31 | 26 | 41 | 27 | 40 | 36 | 48 | 40 |
| Inventory Days | ||||||||||||
| Days Payable | ||||||||||||
| Cash Conversion Cycle | 34 | 25 | 36 | 31 | 31 | 26 | 41 | 27 | 40 | 36 | 48 | 40 |
| Working Capital Days | -377 | -448 | -679 | -893 | -1,775 | -3,110 | -4,188 | -88 | -3,058 | -3,310 | -2,239 | -2,724 |
| ROCE % | 0% | 1% | 5% | -1% | -5% | 50% | 42% | 245% | 35% | 40% | 48% | 50% |
Insights
In beta| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
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| Wireless Subscriber Base (Historical) million |
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| Revenue Contribution - Wireline % |
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Documents
Announcements
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Board Comments On Fine Levied By The National Stock Exchange Of India Limited
2 Mar - NSE fined Rs.10,000+GST for delayed Reg 23(9) filing; paid and Board noted March 2, 2026.
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Authorised Persons Under Regulation 30(5) Of The SEBI (Listing Obligation And Disclosure Requirements), Regulations 2015
2 Mar - Board authorised Harjit Singh, Shinu Mathai, Amit Gupta as KMPs for materiality determination and stock exchange disclosures.
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Announcement under Regulation 30 (LODR)-Change in Management
2 Mar - Amit Gupta appointed Company Secretary and Compliance Officer effective March 2, 2026 at Tata Teleservices (Maharashtra) Limited.
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Appointment of Company Secretary and Compliance Officer
2 Mar - Amit Gupta appointed Company Secretary & Compliance Officer effective March 2, 2026; whole-time employment; 25+ years experience.
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Disclosure Under Regulation 30 Of SEBI (LODR) Regulations 2015 ("Listing Regulations")
28 Feb - TRAI levied Rs.9,12,000 penalty for UCC complaints for quarter ending March 2024; order received Feb 27, 2026.
Annual reports
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Financial Year 2025
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2013
from nse
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Financial Year 2012
from bse
History & Overview
Tata Tele became a pan-India telecom operator in January 2005. The company had a unified access (basic and cellular) service licence to operate in 19 circles, and a national long-distance licence to provide services within India. Tata Tele completed sale of its consumer mobile business to BAL and BHL in FY19, following the TDSAT order directing the DoT to take the merger on record; and approval of the schemes of arrangement by NCLT.
Consequently, all customers, assets, spectrum and agreed liabilities of Tata Tele have been merged with BAL. Post-merger, Tata Tele continues to operate the residual businesses such as enterprise business, fixed-line, and broadband business.