Tata Teleservices (Maharashtra) Ltd: Intrinsic Value & Share Price Analysis

Share Price and Basic Stock Data

Last Updated: August 3, 2025, 3:48 pm

Quick Insight

Tata Teleservices (Maharashtra) Ltd, trading at ₹61.60, presents a complex financial picture within the telecom services sector. With a market capitalization of ₹12,033 crore, the company faces significant challenges, as evidenced by its net profit of -₹1,275 crore and a staggering debt level of ₹20,416 crore against negative reserves of ₹21,525 crore. The return on capital employed (ROCE) is notably high at 50.3%, yet the interest coverage ratio (ICR) is concerningly low at 0.33x, indicating potential difficulties in servicing debt. The price-to-book value (P/BV) of -0.55x further reflects market skepticism regarding its asset valuation. With promoters holding 74.36% and institutional investors showing minimal interest, the outlook remains cautious. Investors should carefully assess these indicators, particularly the high operational profit margin (OPM) of 50%, as they navigate a landscape marked by financial instability and substantial liabilities.

Competitors of Tata Teleservices (Maharashtra) Ltd

All Competitor Stocks of Tata Teleservices (Maharashtra) Ltd

Quarterly Result

Last Updated: August 1, 2025, 9:25 pm

Below is a detailed analysis of the quarterly data for Tata Teleservices (Maharashtra) Ltd based on the most recent figures (Jun 2025) and their trends compared to the previous period:

• For Sales, as of Jun 2025, the value is 284.00 Cr.. The value appears to be declining and may need further review. It has decreased from 308.00 Cr. (Mar 2025) to 284.00 Cr., marking a decrease of 24.00 Cr..
• For Expenses, as of Jun 2025, the value is 138.00 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 155.00 Cr. (Mar 2025) to 138.00 Cr., marking a decrease of 17.00 Cr..
• For Operating Profit, as of Jun 2025, the value is 147.00 Cr.. The value appears to be declining and may need further review. It has decreased from 153.00 Cr. (Mar 2025) to 147.00 Cr., marking a decrease of 6.00 Cr..
• For OPM %, as of Jun 2025, the value is 52.00%. The value appears strong and on an upward trend. It has increased from 50.00% (Mar 2025) to 52.00%, marking an increase of 2.00%.
• For Other Income, as of Jun 2025, the value is -2.00 Cr.. The value appears to be declining and may need further review. It has decreased from 2.00 Cr. (Mar 2025) to -2.00 Cr., marking a decrease of 4.00 Cr..
• For Interest, as of Jun 2025, the value is 433.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 419.00 Cr. (Mar 2025) to 433.00 Cr., marking an increase of 14.00 Cr..
• For Depreciation, as of Jun 2025, the value is 37.00 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 42.00 Cr. (Mar 2025) to 37.00 Cr., marking a decrease of 5.00 Cr..
• For Profit before tax, as of Jun 2025, the value is -325.00 Cr.. The value appears to be declining and may need further review. It has decreased from -306.00 Cr. (Mar 2025) to -325.00 Cr., marking a decrease of 19.00 Cr..
• For Tax %, as of Jun 2025, the value is 0.00%. The value remains steady. There is no change compared to the previous period (Mar 2025) which recorded 0.00%.
• For Net Profit, as of Jun 2025, the value is -325.00 Cr.. The value appears to be declining and may need further review. It has decreased from -306.00 Cr. (Mar 2025) to -325.00 Cr., marking a decrease of 19.00 Cr..
• For EPS in Rs, as of Jun 2025, the value is -1.66. The value appears to be declining and may need further review. It has decreased from -1.57 (Mar 2025) to -1.66, marking a decrease of 0.09.

Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.

Profit & Loss - Annual Report

Last Updated: June 16, 2025, 5:33 pm

Growth

Last Updated: Unknown

Balance Sheet

Last Updated: May 13, 2025, 3:32 pm

Below is a detailed analysis of the balance sheet data for Tata Teleservices (Maharashtra) Ltd based on the most recent figures (Mar 2025) and their trends compared to the previous period:

• For Equity Capital, as of Mar 2025, the value is 1,955.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded 1,955.00 Cr..
• For Reserves, as of Mar 2025, the value is -21,525.00 Cr.. The value appears to be worsening (becoming more negative). It has deteriorated from -21,208.00 Cr. (Mar 2024) to -21,525.00 Cr., marking a decline of 317.00 Cr..
• For Borrowings, as of Mar 2025, the value is 20,416.00 Cr.. The value appears to be increasing, which may not be favorable. However, Reserves are negative, which is a major warning sign. It has increased from 20,047.00 Cr. (Mar 2024) to 20,416.00 Cr., marking an increase of 369.00 Cr..
• For Other Liabilities, as of Mar 2025, the value is 458.00 Cr.. The value appears to be improving (decreasing). It has decreased from 513.00 Cr. (Mar 2024) to 458.00 Cr., marking a decrease of 55.00 Cr..
• For Total Liabilities, as of Mar 2025, the value is 1,304.00 Cr.. The value appears to be improving (decreasing). It has decreased from 1,307.00 Cr. (Mar 2024) to 1,304.00 Cr., marking a decrease of 3.00 Cr..
• For Fixed Assets, as of Mar 2025, the value is 798.00 Cr.. The value appears strong and on an upward trend. It has increased from 788.00 Cr. (Mar 2024) to 798.00 Cr., marking an increase of 10.00 Cr..
• For CWIP, as of Mar 2025, the value is 35.00 Cr.. The value appears to be declining and may need further review. It has decreased from 59.00 Cr. (Mar 2024) to 35.00 Cr., marking a decrease of 24.00 Cr..
• For Investments, as of Mar 2025, the value is 58.00 Cr.. The value appears strong and on an upward trend. It has increased from 34.00 Cr. (Mar 2024) to 58.00 Cr., marking an increase of 24.00 Cr..
• For Other Assets, as of Mar 2025, the value is 413.00 Cr.. The value appears to be declining and may need further review. It has decreased from 425.00 Cr. (Mar 2024) to 413.00 Cr., marking a decrease of 12.00 Cr..
• For Total Assets, as of Mar 2025, the value is 1,304.00 Cr.. The value appears to be declining and may need further review. It has decreased from 1,307.00 Cr. (Mar 2024) to 1,304.00 Cr., marking a decrease of 3.00 Cr..

However, the Borrowings (20,416.00 Cr.) are higher than the Reserves (-21,525.00 Cr.), which may signal higher financial risk.

Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.

Cash Flow

Free Cash Flow

Share Holding Pattern

Mutual Fund Holdings

Key Financial Ratios

After reviewing the key financial ratios for Tata Teleservices (Maharashtra) Ltd, here is a detailed analysis based on the latest available data and recent trends:

• For FaceValue, as of Mar 24, the value is 10.00. This value is within the healthy range. There is no change compared to the previous period (Mar 23) which recorded 10.00.
• For Basic EPS (Rs.), as of Mar 24, the value is -6.28. This value is below the healthy minimum of 5. It has decreased from -5.86 (Mar 23) to -6.28, marking a decrease of 0.42.
• For Diluted EPS (Rs.), as of Mar 24, the value is -6.28. This value is below the healthy minimum of 5. It has decreased from -5.86 (Mar 23) to -6.28, marking a decrease of 0.42.
• For Cash EPS (Rs.), as of Mar 24, the value is -5.51. This value is below the healthy minimum of 3. It has decreased from -5.10 (Mar 23) to -5.51, marking a decrease of 0.41.
• For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 24, the value is -134.10. It has decreased from -127.82 (Mar 23) to -134.10, marking a decrease of 6.28.
• For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 24, the value is -134.10. It has decreased from -127.82 (Mar 23) to -134.10, marking a decrease of 6.28.
• For Revenue From Operations / Share (Rs.), as of Mar 24, the value is 6.09. It has increased from 5.66 (Mar 23) to 6.09, marking an increase of 0.43.
• For PBDIT / Share (Rs.), as of Mar 24, the value is 2.78. This value is within the healthy range. It has increased from 2.59 (Mar 23) to 2.78, marking an increase of 0.19.
• For PBIT / Share (Rs.), as of Mar 24, the value is 2.01. This value is within the healthy range. It has increased from 1.84 (Mar 23) to 2.01, marking an increase of 0.17.
• For PBT / Share (Rs.), as of Mar 24, the value is -6.28. This value is below the healthy minimum of 0. It has decreased from -5.86 (Mar 23) to -6.28, marking a decrease of 0.42.
• For Net Profit / Share (Rs.), as of Mar 24, the value is -6.28. This value is below the healthy minimum of 2. It has decreased from -5.86 (Mar 23) to -6.28, marking a decrease of 0.42.
• For PBDIT Margin (%), as of Mar 24, the value is 45.61. This value is within the healthy range. It has decreased from 45.76 (Mar 23) to 45.61, marking a decrease of 0.15.
• For PBIT Margin (%), as of Mar 24, the value is 32.99. This value exceeds the healthy maximum of 20. It has increased from 32.45 (Mar 23) to 32.99, marking an increase of 0.54.
• For PBT Margin (%), as of Mar 24, the value is -103.08. This value is below the healthy minimum of 10. It has increased from -103.48 (Mar 23) to -103.08, marking an increase of 0.40.
• For Net Profit Margin (%), as of Mar 24, the value is -103.08. This value is below the healthy minimum of 5. It has increased from -103.48 (Mar 23) to -103.08, marking an increase of 0.40.
• For Return on Capital Employeed (%), as of Mar 24, the value is -6.31. This value is below the healthy minimum of 10. It has decreased from -3.98 (Mar 23) to -6.31, marking a decrease of 2.33.
• For Return On Assets (%), as of Mar 24, the value is -93.99. This value is below the healthy minimum of 5. It has increased from -94.54 (Mar 23) to -93.99, marking an increase of 0.55.
• For Long Term Debt / Equity (X), as of Mar 24, the value is -0.49. This value is below the healthy minimum of 0.2. It has decreased from -0.32 (Mar 23) to -0.49, marking a decrease of 0.17.
• For Total Debt / Equity (X), as of Mar 24, the value is -0.76. This value is within the healthy range. It has decreased from -0.72 (Mar 23) to -0.76, marking a decrease of 0.04.
• For Asset Turnover Ratio (%), as of Mar 24, the value is 0.94. It has increased from 0.85 (Mar 23) to 0.94, marking an increase of 0.09.
• For Current Ratio (X), as of Mar 24, the value is 0.03. This value is below the healthy minimum of 1.5. It has increased from 0.02 (Mar 23) to 0.03, marking an increase of 0.01.
• For Quick Ratio (X), as of Mar 24, the value is 0.03. This value is below the healthy minimum of 1. It has increased from 0.02 (Mar 23) to 0.03, marking an increase of 0.01.
• For Interest Coverage Ratio (X), as of Mar 24, the value is 0.33. This value is below the healthy minimum of 3. There is no change compared to the previous period (Mar 23) which recorded 0.33.
• For Interest Coverage Ratio (Post Tax) (X), as of Mar 24, the value is 0.24. This value is below the healthy minimum of 3. It has increased from 0.23 (Mar 23) to 0.24, marking an increase of 0.01.
• For Enterprise Value (Cr.), as of Mar 24, the value is 34,380.59. It has increased from 30,658.80 (Mar 23) to 34,380.59, marking an increase of 3,721.79.
• For EV / Net Operating Revenue (X), as of Mar 24, the value is 28.85. This value exceeds the healthy maximum of 3. It has increased from 27.72 (Mar 23) to 28.85, marking an increase of 1.13.
• For EV / EBITDA (X), as of Mar 24, the value is 63.25. This value exceeds the healthy maximum of 15. It has increased from 60.56 (Mar 23) to 63.25, marking an increase of 2.69.
• For MarketCap / Net Operating Revenue (X), as of Mar 24, the value is 12.13. This value exceeds the healthy maximum of 3. It has increased from 9.81 (Mar 23) to 12.13, marking an increase of 2.32.
• For Price / BV (X), as of Mar 24, the value is -0.55. This value is below the healthy minimum of 1. It has decreased from -0.43 (Mar 23) to -0.55, marking a decrease of 0.12.
• For Price / Net Operating Revenue (X), as of Mar 24, the value is 12.13. This value exceeds the healthy maximum of 3. It has increased from 9.81 (Mar 23) to 12.13, marking an increase of 2.32.
• For EarningsYield, as of Mar 24, the value is -0.08. This value is below the healthy minimum of 5. It has increased from -0.10 (Mar 23) to -0.08, marking an increase of 0.02.

Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.

Fair Value

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Strength and Weakness