TTML · Tata Teleservices (Maharashtra) Ltd · Communications Services
Last close, 30 Oct
41.1% below 52-week high
52-week range: as of 30 Oct 2026.
Weighted combination of 8 measured readings. Not a probability, a rating or a forecast.
Stock Condition as of 30 Oct 2026 close
Slowest input: promoter pledge (disclosed quarterly), as of 18 Jul 2026
Chart
Fundamentals as of 15 Sep 2026 · the company's own latest record is 47 days old
Revenue (latest Q)
₹302 Cr
Revenue YoY
PAT YoY
+77.8%
Operating margin
Revenue, last 8 quarters
P/E (TTM)
P/B
Not available from data source
P/S (TTM)
5.9
Sector P/E
16.1
Dividend yield
0.0%
| Company | P/E | P/B | Net margin | ROE | D/E | Div. yield |
|---|---|---|---|---|---|---|
| TTML (this stock) | 216.1 | Not available from data source | +3.2% | -0.2% | -1.04 | 0.0% |
| Bharti Airtel | 37.7 | 7.8 | +13.1% | +17.9% | 1.25 | +1.3% |
| Bharti Hexacom | 40.7 | 37.7 | +19.0% | +23.9% | 0.8 | +1.2% |
| Tata Communications | 59.4 | 15 | +3.7% | +27.4% | 3.55 | +1.0% |
Promoter
stable
FII
falling 1q
MF
0.17% (+0.01pp)
stable
Insider trades
No insider trades in the last 12 months.
Bulk/block deals
| canonicalSymbol | date | buy quantity | buyer count | deal strength | deal types present |
|---|---|---|---|---|---|
| TTML | 2026-10-22 | 9912546 | 1 | WEAK | BULK |
News timeline
- lowthehindubusinessline.com· 22 Oct 2026, 01:54 pmTTML narrows Q2 loss to ₹59 crore, revenue up 8%; stock surges 9% on results day
Concalls & investor presentations
AI-generatedNo concall transcripts or investor presentations recorded yet.
AI Summary of Annual Report
AI-generatedTata Teleservices (Maharashtra) Limited (TTML) reported significant financial challenges in FY2025-26, including a fully eroded net worth and current liabilities exceeding current assets. The company faces substantial contingent liabilities from ongoing litigations related to regulatory, direct tax, and indirect tax disputes, with uncertain outcomes that could impact financial performance. Despite these issues, TTML continues operations under the going-concern assumption supported by its holding company. The company also faced regulatory fines for delayed filings, though no major defaults or liquidity crises were noted.
- Net worth fully eroded with current liabilities exceeding current assets as of March 31, 2026.
- Significant contingent liabilities from unresolved litigations with uncertain outcomes.
- Regulatory fine of ₹10,000 for delayed submission of related party transactions to NSE.
- Going-concern assumption supported by holding company's financial backing.
- No defaults on loan repayments or interest payments reported.
Key takeaway: TTML faces severe financial and legal risks, including contingent liabilities from unresolved disputes and a fully eroded net worth, though operations continue under the going-concern assumption supported by its holding company.
The following annual report excerpts provide qualitative strategic context. Do not treat any specific financial figures in these excerpts as authoritative — they may be incorrectly labeled due to PDF table extraction limitations. For precise financial data, refer to the structured fundamentals data above.
Governance disclosures
AI-generatedNeeds attention
Regulatory Action (2 items)
Items of these kinds are disclosed in the filings. This is a count of disclosed items. It is not a finding about the company and its cause has not been independently established.
Regulatory Action
2 occurrencesRecent (last 12 months)
The company was fined ₹10,000 by NSE for delayed disclosure under Regulation 23(9) of the Listing Regulations for the period ended September 30, 2025, submitted on October 25, 2025 instead of October 23, 2025.
Earlier (1-3 years ago)
TTML faced a regulatory show cause notice from DoT seeking a penalty of 100 Crores for transferring consumer mobile undertaking without final approval, and DoT filed a petition under Section 232(8) of Companies Act, 2013 against TTML, which was dismissed by NCLT on May 12, 2022.
Routine disclosures
Contingent Liability
3 occurrencesRecent (last 12 months)
The company mentions other potential liabilities, including contingent liabilities and exit fees, which may pose financial risks.
Earlier (1-3 years ago)
Tata Teleservices (Maharashtra) Limited has a significant number of litigations related to regulatory, direct tax and indirect tax matters under dispute with various authorities, as described in note 34 to the financial statements.
The company has a significant number of litigations related to regulatory, direct tax and indirect tax matters under dispute with various authorities, as described in Note 34 to the financial statements.
Related-Party Transaction
3 occurrencesRecent (last 12 months)
The company is considering a resolution to ratify material related party transactions with Tata Teleservices Limited, as per the Listing Regulations and Companies Act.
Earlier (1-3 years ago)
The company has related-party transactions with TTSL and Tata Communications Limited, amounting to ₹200 Crores and ₹235 Crores annually, respectively, for the financial years 2024-2025, 2025-2026, and 2026-2027.
The Company has entered into transactions with related parties in compliance with Sections 177 and 188 of the Act, and the details have been disclosed in the financial statements as required under Indian Accounting Standard 24.
Management & Board Governance
1 occurrenceRecent (last 12 months)
Ankur Verma resigned effective August 7, 2025, and Nalin Rana was appointed with effect from August 7, 2025.
Promoter Share Pledge
1 occurrenceRecent (last 12 months)
2.34% of promoter holding pledged (quarter 2026-Q3 as of 2026-07-18).