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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]
History & OverviewTata 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.
| S.No. | Name | Current Price (Rs.) | Price to Earning | Market Capitalization (Rs.Cr.) | Dividend yield (%) | Net Profit latest quarter (Rs.Cr.) | YOY Quarterly profit growth (%) | Sales latest quarter (Rs.Cr.) | YOY Quarterly sales growth (%) | Return on capital employed (%) | Sales (Rs.Cr.) | OPM (%) | Profit after tax (Rs.Cr.) | Profit after tax latest quarter (Rs.Cr.) | Price to book value | Return on assets (%) | Debt to equity |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. | Bharti Airtel | 2086.50 | 38.92 | 1251787.91 | 0.76 | 8650.80 | 65.11 | 52145.40 | 25.73 | 13.48 | 194613.50 | 56.01 | 32200.30 | 6791.70 | 10.18 | 5.35 | 1.77 |
| 2. | Vodafone Idea | 10.49 | – | 113651.78 | 0.00 | -5524.20 | 22.49 | 11194.70 | 2.40 | -1.93 | 44348.00 | 42.10 | -25945.30 | -5561.80 | – | -14.36 | – |
| 3. | Bharti Hexacom | 1754.85 | 54.66 | 87742.50 | 0.58 | 421.20 | 66.42 | 2317.30 | 10.47 | 17.44 | 9120.00 | 51.41 | 1604.91 | 421.20 | 14.06 | 7.04 | 1.06 |
| 4. | Tata Comm | 1869.35 | 53.43 | 53276.49 | 1.31 | 183.21 | -18.24 | 6099.75 | 6.49 | 14.79 | 23848.02 | 19.35 | 998.02 | 193.87 | 18.66 | 5.22 | 4.68 |
| 5. | Tata Tele. Mah. | 50.87 | – | 9944.76 | 0.00 | -320.82 | 2.90 | 286.13 | -16.70 | 50.32 | 1211.42 | 48.68 | -1263.53 | -320.82 | – | -98.17 | – |
| 6. | M T N L | 37.51 | – | 2363.13 | 0.00 | -960.20 | -7.85 | 189.76 | -28.83 | -6.76 | 688.90 | -65.41 | -3567.30 | -960.20 | – | -31.75 | – |
| 7. | Reliance Communi | 1.24 | – | 342.92 | 0.00 | -2701.00 | -174.19 | 87.00 | -1.14 | – | 344.00 | -24.71 | -213.61 | -85.00 | – | -25.62 | – |
| – | Median: 7 Co. | 50.87 | 53.43 | 53276.49 | 0.0 | -320.82 | 2.9 | 2317.3 | 2.4 | 14.13 | 9120.0 | 42.1 | -213.61 | -85.0 | 14.06 | -14.36 | 1.77 |
Standalone figures in ₹ crores
| Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Sales | 278 | 282 | 280 | 286 | 287 | 296 | 323 | 324 | 344 | 333 | 308 | 284 | 286 |
Expenses | 156 | 152 | 149 | 161 | 159 | 157 | 182 | 188 | 205 | 182 | 155 | 138 | 146 |
Operating Profit | 122 | 129 | 131 | 125 | 128 | 139 | 141 | 135 | 138 | 150 | 153 | 147 | 140 |
Other Income | -4 | 2 | 2 | 4 | 2 | 3 | 3 | 5 | 2 | 1 | 2 | -2 | 2 |
Profit before tax | -293 | -280 | -277 | -301 | -310 | -308 | -309 | -323 | -330 | -315 | -306 | -325 | -321 |
Tax % | -0% | -0% | -0% | -0% | -0% | -0% | -0% | -0% | -0% | -0% | -0% | -0% | -0% |
Net Profit | -293 | -280 | -277 | -301 | -310 | -308 | -309 | -323 | -330 | -315 | -306 | -325 | -321 |
EPS in Rs | -1.50 | -1.43 | -1.42 | -1.54 | -1.59 | -1.57 | -1.58 | -1.65 | -1.69 | -1.61 | -1.57 | -1.66 | -1.64 |
Standalone Figures in ₹ Crores / Yearly
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Sales | 2,731 | 2,893 | 2,972 | 2,703 | 1,869 | 1,277 | 1,078 | 1,044 | 1,094 | 1,106 | 1,192 | 1,308 | 1,211 |
Expenses | 2,199 | 2,292 | 2,227 | 2,057 | 1,734 | 614 | 656 | 555 | 626 | 614 | 664 | 737 | 622 |
Operating Profit | 532 | 601 | 745 | 646 | 135 | 664 | 422 | 489 | 468 | 492 | 527 | 571 | 590 |
Other Income | 83 | 45 | 40 | -924 | -7,875 | 400 | -2,396 | -756 | 17 | 11 | 16 | 16 | 3 |
Interest | 565 | 651 | 684 | 1,282 | 1,569 | 1,554 | 1,545 | 1,561 | 1,539 | 1,502 | 1,622 | 1,694 | 1,700 |
Depreciation | 609 | 611 | 460 | 796 | 533 | 178 | 195 | 169 | 160 | 147 | 150 | 168 | 160 |
Profit before tax | -560 | -615 | -358 | -2,356 | -9,842 | -668 | -3,714 | -1,997 | -1,215 | -1,145 | -1,228 | -1,275 | -1,267 |
Net Profit | -560 | -615 | -358 | -2,356 | -9,842 | -668 | -3,714 | -1,997 | -1,215 | -1,145 | -1,228 | -1,275 | -1,267 |
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 | -6.48 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | – |
Standalone figures in ₹ crores
| 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 |
Borrowings | 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 |
Other Liabilities | 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 |
Fixed Assets | 4,518 | 4,188 | 3,363 | 7,460 | 847 | 718 | 894 | 830 | 779 | 740 | 788 | 798 | 785 |
Gross Block | 8,792.57 | 9,070.86 | 8,097.70 | 13,884.26 | 3,760.65 | 3,556.10 | 3,913.88 | 3,987.23 | 3,958.40 | 3,862.60 | 3,875.13 | 4,026.36 | – |
Accumulated Depreciation | 4,274.68 | 4,882.73 | 4,734.55 | 6,424.31 | 2,913.72 | 2,838.03 | 3,020.12 | 3,157.11 | 3,179.30 | 3,122.11 | 3,086.99 | 3,228.17 | – |
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 |
Other Assets | 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 |
Standalone Figures in ₹ Crores / Yearly
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Cash from Operating Activity | 709 | 636 | 766 | 730 | 603 | -734 | -360 | 567 | 530 | 558 | 587 | 505 |
Cash from Investing Activity | -266 | -785 | -1,183 | -2,198 | 259 | -101 | 510 | -177 | -130 | -66 | -65 | -109 |
Cash from Financing Activity | -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 |
Standalone Figures in ₹ Crores / Yearly
| 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% |
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