Tata Teleservices (Maharashtra) Limited

Tata Teleservices (Maharashtra) Limited (TTML) is a small-cap Telecommunication company valued at ₹6,563 crore operating in Telecom - Cellular & Fixed line services on the NSE and BSE.

Recent price move

Tata Teleservices (Maharashtra) Limited last traded at ₹33.35, modestly down 1.68% on the day.

Recent developments

On 2026-09-29, Tata group stocks fell, with TTML dropping up to 5% amid broader market weakness.

Financial performance

The company's annual revenue fell 11.3% to ₹1,160 crore, but the net loss narrowed significantly from ₹1,275 crore to ₹215 crore. In the latest quarter, revenue rose 6.2% to ₹302 crore, while the net loss narrowed from ₹325 crore to ₹72 crore, showing improvement in cost control.

Valuation multiples

The stock trades at 189.1 times earnings, a premium to the Telecommunication median of 24.4, -0.25 times book value.

Things to watch

The company remains in a net loss position, with a net profit margin of -18.6% despite a significant improvement from -97.5% a year earlier. The stock is 42.0% below its 52-week high, and the return on equity is low at 1.1%, indicating limited profitability relative to equity.

Where it stands

TTML continues to operate at a loss, with a net profit margin of -18.6% and a stock price 42.0% below its 52-week high. The latest quarter showed a narrowing loss, but the company's annual net loss remains substantial at ₹215 crore.

Summarised by DocStoX's model on 2026-10-03 from company filings, exchange data and news. This is a factual summary, not a rating or a recommendation. Informational only, not investment advice. Consult a SEBI-registered adviser before investing.