Tata Teleservices (Maharashtra) financials

·Telecom & MediaChart ›
Latest results Q2 FY27 · Jul–Sep 2026
Revenue
₹310cr+8.2% on Q2 FY26
Net profit
−₹59.2cr−₹321 cr in Q2 FY26
EBITDA margin
53.0%+4.2 pts on Q2 FY26
EPS
−₹0.30−₹1.64 in Q2 FY26

Quarterly results

Every quarter ›
₹ croreQ2 FY27Q2 FY26Change
Revenue310286+8.2%
EBITDA164140+17.5%
EBITDA margin53.0%48.9%+4.2 pts
Profit before tax−59.2−321—
Net profit−59.2−321—
EPS−₹0.30−₹1.64—

Over time

Q2 FY27 · Jul–Sep 2026latest
Revenue₹310 crNet profit₹−59.2 crNet margin−19.1%

Amounts on the left scale in ₹ crore; per cent on the right, dashed. L = lakh crore, K = thousand crore. Touch the chart to read any period.

Key numbersby financial year

₹ crore except per share
Tap a line for its trendCurrentlast 12MFY26Mar 2026FY25Mar 2025FY24Mar 2024FY23Mar 2023FY22 and earlierAlpha Plus
7,669————
FY22 and earlierEvery year the company has filed comes with Alpha Plus.
86.538.510066.880.6
20,66320,66320,34219,95419,825
28,246————
1,2011,1601,3081,1921,106
—−11.3%+9.8%+7.7%—
668625579535502
55.6%53.9%44.2%44.9%45.4%
533483411385355
299−215−1,275−1,228−1,145
24.9%−18.6%−97.5%−103.1%−103.5%
₹1.53−₹1.10−₹6.52−₹6.28−₹5.86
—+83.1%−3.8%−7.3%—
—668505586558
—−135−99.1−109−111
532532406477447
Open the chart

From the company's filings with NSE and BSE (Ind-AS), standalone. For information only, not investment advice.

TTML₹39.23

Tata Teleservices (Maharashtra) Ltd.

· Telecom & Media
₹ CrorePeersTEJASNETRAILTELHFCLITIBHARTIHEXAOPTIEMUSROUTETATACOMMMcap ₹7,669 Cr
HighlightsEnterprise ValueMultiplesPer ShareAnnuals · FY-end closes
In ₹ Crore except Per Share
12 Months Ending
FY23
31/03/2023
FY24
31/03/2024
FY25
31/03/2025
FY26
31/03/2026
Current/LTM
TTM · last close
Market Capitalization————7,669.2
- Cash, Equiv & ST Investments80.666.8100.438.586.5
+ Total Debt19,825.219,954.420,342.220,663.020,663.0
Enterprise Value————28,245.7
Revenue1,106.21,191.71,308.01,160.21,201.1
Growth %, YoY—+7.7+9.8-11.3—
EBITDA502.1535.0578.6625.0667.8
Margin %45.3944.9044.2353.8755.60
EBIT354.9384.6410.6483.2533.5
Net Income-1,144.7-1,228.4-1,275.3-215.3299.2
Margin %-103.48-103.09-97.50-18.5624.91
EPS, Adj (current shares)-5.86-6.28-6.52-1.101.53
Growth %, YoY—-7.3-3.8+83.1—
Cash from Operations558.1586.1505.1667.6—
Capital Expenditures-111.0-108.8-99.1-135.1—
Free Cash Flow447.1477.3406.0532.5532.5
Market Cap/EV/multiples pair each (split/bonus-adjusted) FY-end close with the latest filed share count; Current column uses the last close. Market Capitalization is a market-level figure — identical across Consolidated/Standalone (the accounting rows below differ). No consensus estimates → no Est columns. Click any row to chart it.
« ‹ › »Latest: FY26 · StandaloneFA Financial Analysis · alphave
Data & compliance. Descriptive financial information from official NSE/BSE filings — for information and education only, not investment advice, a recommendation, or a valuation. Standalone = parent entity; consolidated includes subsidiaries. Historical multiples pair each fiscal year's filed figures with that FY-end market close; the Current column uses the last close with the latest filed annuals. Figures are cross-verified via accounting identities and NSE×BSE agreement — XBRL cross-verified ✓ 95%.

Tata Teleservices (Maharashtra) financials and key ratios

Prices at the 29 October 2026 close · figures from the company's filings with NSE

Tata Teleservices (Maharashtra) (NSE: TTML) had a market capitalisation of ₹7,032 crore at the 29 October 2026 close (₹35.97 a share) and a PE ratio of 23.5 on the last four quarters' profit. In FY26 its consolidated net loss was ₹215 crore on revenue of ₹1,160 crore; in Q2 FY27 (July–September 2026) it was a loss of ₹59.2 crore. Its net worth was negative (−₹18,933 crore) on 30 September 2026, with borrowings of ₹19,646 crore. Promoters held 74.36% of the shares on 30 September 2026.

Share price used
₹35.97 · 29 October 2026 close
Latest balance sheet
30 September 2026
Shareholding pattern
30 September 2026

Tata Teleservices (Maharashtra) at a glance · consolidated

Market cap
₹7,032 Crat ₹35.97 · 29 Oct close
PE ratio (last 4 quarters)
23.5
Net worth
−₹18,933 Crnegative equity · 30 September 2026
Promoter holding
74.36%unchanged vs 30 Jun 202630 September 2026
Free cash flow (FY26)
₹532 Cr+31.2% vs FY25
EPS (FY26)
−₹1.10

Questions

What is the Tata Teleservices (Maharashtra) PE ratio today?

Tata Teleservices (Maharashtra)'s PE ratio is 23.5 at the 29 October 2026 close (₹35.97 a share): a market capitalisation of ₹7,032 crore divided by consolidated net profit of ₹299 crore over the last four quarters (Q3 FY26 to Q2 FY27). These four quarters include net exceptional items of ₹659 crore (one-off gains reported separately), so the ratio on recurring profit would differ.

What is the Tata Teleservices (Maharashtra) net worth?

Tata Teleservices (Maharashtra)'s net worth was negative on 30 September 2026: shareholders' equity of −₹18,933 crore in its consolidated balance sheet, meaning accumulated losses exceed the capital put in. The market still values the company at ₹7,032 crore (market capitalisation at the 29 October 2026 close).

What is the Tata Teleservices (Maharashtra) ROE and ROCE?

Tata Teleservices (Maharashtra)'s return on equity is not meaningful for FY26: shareholders' equity was negative (−₹19,983 crore on 31 March 2026), and a return on a negative base has no sign that can be read. Its return on capital employed (ROCE) was −3.8% — operating profit (EBIT) divided by average capital employed (total assets less current liabilities).

What is the Tata Teleservices (Maharashtra) market cap?

Tata Teleservices (Maharashtra)'s market capitalisation was ₹7,032 crore at the 29 October 2026 close: 195.49 crore shares at ₹35.97 each.

Is Tata Teleservices (Maharashtra) debt free?

No. Tata Teleservices (Maharashtra) had borrowings of ₹19,646 crore on 30 September 2026 (consolidated balance sheet). Its cash and current investments were ₹86.8 crore, so its net debt was ₹19,559 crore.

What is the Tata Teleservices (Maharashtra) EPS?

Tata Teleservices (Maharashtra)'s basic earnings per share (EPS) were −₹1.10 in FY26, against −₹6.52 in FY25. Over the last four quarters (Q3 FY26 to Q2 FY27) they add up to ₹1.53.

What is the Tata Teleservices (Maharashtra) debt to equity ratio?

Tata Teleservices (Maharashtra)'s debt-to-equity ratio is not meaningful: its total equity was negative (−₹18,933 crore) on 30 September 2026, against borrowings of ₹19,646 crore. A negative equity means accumulated losses exceed the capital shareholders put in.

What is the Tata Teleservices (Maharashtra) free cash flow?

In FY26, Tata Teleservices (Maharashtra) generated ₹668 crore of cash from operations and spent ₹135 crore on capital expenditure (property, plant, equipment and intangibles), leaving free cash flow of ₹532 crore. In FY25 it was ₹406 crore.

What are the Tata Teleservices (Maharashtra) latest quarterly results?

Tata Teleservices (Maharashtra)'s latest results are for Q2 FY27 (July–September 2026): consolidated net loss ₹59.2 crore, narrower than the loss of ₹321 crore in Q2 FY26; revenue from operations ₹310 crore, up 8.2% year on year.

What is the Tata Teleservices (Maharashtra) promoter holding?

Promoters held 74.36% of Tata Teleservices (Maharashtra) on 30 September 2026, unchanged from both the previous quarter and a year earlier, according to the shareholding pattern filed with NSE.

What is the Tata Teleservices (Maharashtra) revenue and profit in FY26?

In FY26 (April 2025–March 2026), Tata Teleservices (Maharashtra)'s consolidated net loss was ₹215 crore, narrower than the loss of ₹1,275 crore in FY25, on revenue from operations of ₹1,160 crore (down 11.3%).

When are the Tata Teleservices (Maharashtra) next results?

Tata Teleservices (Maharashtra) has reported Q2 FY27. Its next results, for Q3 FY27 (October–December 2026), are due by 14 February 2027 under SEBI's 45-day rule; the company notifies the board-meeting date at least two working days before.

What is the Tata Teleservices (Maharashtra) shareholding pattern?

On 30 September 2026, Tata Teleservices (Maharashtra)'s shares were held by promoters 74.36%, foreign portfolio investors (FII/FPI) 2.43%, domestic institutions (DII) 0.18% (including mutual funds at 0.17%) and retail and other non-institutional investors 23.03%. Over the year, FII holding was down 0.21 percentage points from 2.64% and DII holding was up 0.05 percentage points from 0.13%.

How does Tata Teleservices (Maharashtra) compare with its peers?

On FY26 consolidated figures, against Tejas Networks and HFCL: Tata Teleservices (Maharashtra)'s operating margin of 41.7% is the highest of the three (Tejas Networks −98.3%, HFCL 12.2%; peer average −43.0%); its revenue growth over three years of 1.6% a year is the second highest of the three (Tejas Networks 6.3% a year, HFCL 1.4% a year; peer average 3.8% a year).

Tata Teleservices (Maharashtra) vs Tejas Networks: how do they compare?

In FY26, Tata Teleservices (Maharashtra) earned net profit of ₹215 crore on revenue of ₹1,160 crore, against ₹909 crore on ₹1,103 crore for Tejas Networks. Tata Teleservices (Maharashtra)'s operating margin was 41.7% (Tejas Networks −98.3%). At the 29 October 2026 close, Tata Teleservices (Maharashtra)'s market capitalisation was ₹7,032 crore against ₹7,561 crore for Tejas Networks.

Where do these Tata Teleservices (Maharashtra) figures come from?

From Tata Teleservices (Maharashtra)'s own consolidated results, balance sheets and shareholding patterns filed with NSE, and NSE prices (the latest used here: the 29 October 2026 close). Ratios are calculated by Alphave from those filings as each answer describes.

Consolidated figures from the company's filings with NSE; prices are NSE closing prices.