| Quarter | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 287 | 296 | 323 | 324 | 344 | 333 | 308 | 284 | 286 | 294 | 296 | 302 | |
Growth YoY Revenue Growth YoY% | 3.3 | 5.0 | 15.4 | 13.3 | 19.8 | 12.4 | -4.7 | -12.1 | -16.7 | -11.6 | -4.1 | 6.1 |
| 159 | 157 | 181 | 187 | 205 | 182 | 155 | 138 | 146 | 119 | 132 | 137 | |
| 128 | 139 | 143 | 137 | 138 | 150 | 153 | 147 | 140 | 175 | 163 | 165 | |
OPM OPM% | 44.5 | 46.8 | 44.1 | 42.3 | 40.3 | 45.2 | 49.6 | 51.6 | 48.9 | 59.6 | 55.3 | 54.7 |
| 2 | 3 | 2 | 4 | 2 | 1 | 2 | -2 | 2 | -2 | 665 | 2 | |
Interest Expense Interest ExpenseCr | 403 | 411 | 414 | 423 | 429 | 423 | 419 | 433 | 425 | 288 | 215 | 206 |
Depreciation DepreciationCr | 36 | 38 | 39 | 41 | 42 | 43 | 42 | 37 | 37 | 36 | 32 | 33 |
PBT PBTCr | -310 | -308 | -309 | -323 | -330 | -315 | -306 | -325 | -321 | -150 | 581 | -72 |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| -310 | -308 | -309 | -323 | -330 | -315 | -306 | -325 | -321 | -150 | 581 | -72 | |
Growth YoY PAT Growth YoY% | -6.0 | -10.0 | -11.7 | -7.4 | -6.5 | -2.4 | 0.9 | -0.5 | 2.9 | 52.3 | 289.6 | 77.8 |
NPM NPM% | -108.2 | -103.9 | -95.7 | -100.0 | -96.2 | -94.7 | -99.4 | -114.3 | -112.1 | -51.1 | 196.6 | -23.9 |
| -1.6 | -1.6 | -1.6 | -1.6 | -1.7 | -1.6 | -1.6 | -1.7 | -1.6 | -0.8 | 3.0 | -0.4 |
| Quarter | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 287 | 296 | 323 | 324 | 344 | 333 | 308 | 284 | 286 | 294 | 296 | 302 | |
Growth YoY Revenue Growth YoY% | 3.3 | 5.0 | 15.4 | 13.3 | 19.8 | 12.4 | -4.7 | -12.1 | -16.7 | -11.6 | -4.1 | 6.1 |
| 159 | 157 | 181 | 187 | 205 | 182 | 155 | 138 | 146 | 119 | 132 | 137 | |
| 128 | 139 | 143 | 137 | 138 | 150 | 153 | 147 | 140 | 175 | 163 | 165 | |
OPM OPM% | 44.5 | 46.8 | 44.1 | 42.3 | 40.3 | 45.2 | 49.6 | 51.6 | 48.9 | 59.6 | 55.3 | 54.7 |
| 2 | 3 | 2 | 4 | 2 | 1 | 2 | -2 | 2 | -2 | 665 | 2 | |
Interest Expense Interest ExpenseCr | 403 | 411 | 414 | 423 | 429 | 423 | 419 | 433 | 425 | 288 | 215 | 206 |
Depreciation DepreciationCr | 36 | 38 | 39 | 41 | 42 | 43 | 42 | 37 | 37 | 36 | 32 | 33 |
PBT PBTCr | -310 | -308 | -309 | -323 | -330 | -315 | -306 | -325 | -321 | -150 | 581 | -72 |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| -310 | -308 | -309 | -323 | -330 | -315 | -306 | -325 | -321 | -150 | 581 | -72 | |
Growth YoY PAT Growth YoY% | -6.0 | -10.0 | -11.7 | -7.4 | -6.5 | -2.4 | 0.9 | -0.5 | 2.9 | 52.3 | 289.6 | 77.8 |
NPM NPM% | -108.2 | -103.9 | -95.7 | -100.0 | -96.2 | -94.7 | -99.4 | -114.3 | -112.1 | -51.1 | 196.6 | -23.9 |
| -1.6 | -1.6 | -1.6 | -1.6 | -1.7 | -1.6 | -1.6 | -1.7 | -1.6 | -0.8 | 3.0 | -0.4 |
| Financial Year | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue RevenueCr | 2,972 | 2,703 | 1,869 | 1,277 | 1,078 | 1,044 | 1,094 | 1,106 | 1,192 | 1,308 | 1,160 | 1,178 |
Growth Revenue Growth% | 2.7 | -9.1 | -30.9 | -31.6 | -15.6 | -3.2 | 4.8 | 1.1 | 7.7 | 9.8 | -11.3 | -7.2 |
| 2,228 | 2,126 | 1,805 | 620 | 656 | 555 | 626 | 614 | 664 | 737 | 543 | 534 | |
| 744 | 576 | 63 | 657 | 422 | 489 | 468 | 493 | 527 | 571 | 617 | 643 | |
OPM OPM% | 25.0 | 21.3 | 3.4 | 51.5 | 39.1 | 46.8 | 42.8 | 44.5 | 44.3 | 43.6 | 53.2 | 54.6 |
| 41 | -855 | -7,803 | 406 | -2,396 | -756 | 17 | 11 | 16 | 16 | 670 | 667 | |
Interest Expense Interest ExpenseCr | 684 | 1,282 | 1,569 | 1,554 | 1,545 | 1,561 | 1,539 | 1,502 | 1,622 | 1,694 | 1,361 | 1,134 |
Depreciation DepreciationCr | 460 | 796 | 533 | 178 | 195 | 169 | 160 | 147 | 150 | 168 | 142 | 138 |
PBT PBTCr | -358 | -2,356 | -9,842 | -668 | -3,714 | -1,997 | -1,215 | -1,145 | -1,228 | -1,275 | -215 | 38 |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
PAT PATCr | -358 | -2,356 | -9,842 | -668 | -3,714 | -1,997 | -1,215 | -1,145 | -1,228 | -1,275 | -215 | 38 |
Growth PAT Growth% | 41.8 | -557.6 | -317.7 | 93.2 | -456.3 | 46.2 | 39.1 | 5.8 | -7.3 | -3.8 | 83.1 | 102.9 |
NPM NPM% | -12.1 | -87.2 | -526.7 | -52.3 | -344.6 | -191.3 | -111.1 | -103.5 | -103.1 | -97.5 | -18.6 | 3.2 |
| -1.8 | -12.1 | -50.3 | -3.4 | -19.0 | -10.2 | -6.2 | -5.9 | -6.3 | -6.5 | -1.1 | 0.2 |
| Financial Year | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue RevenueCr | 2,972 | 2,703 | 1,869 | 1,277 | 1,078 | 1,044 | 1,094 | 1,106 | 1,192 | 1,308 | 1,160 | 1,178 |
Growth Revenue Growth% | 2.7 | -9.1 | -30.9 | -31.6 | -15.6 | -3.2 | 4.8 | 1.1 | 7.7 | 9.8 | -11.3 | -7.2 |
| 2,228 | 2,126 | 1,805 | 620 | 656 | 555 | 626 | 614 | 664 | 737 | 543 | 534 | |
| 744 | 576 | 63 | 657 | 422 | 489 | 468 | 493 | 527 | 571 | 617 | 643 | |
OPM OPM% | 25.0 | 21.3 | 3.4 | 51.5 | 39.1 | 46.8 | 42.8 | 44.5 | 44.3 | 43.6 | 53.2 | 54.6 |
| 41 | -855 | -7,803 | 406 | -2,396 | -756 | 17 | 11 | 16 | 16 | 670 | 667 | |
Interest Expense Interest ExpenseCr | 684 | 1,282 | 1,569 | 1,554 | 1,545 | 1,561 | 1,539 | 1,502 | 1,622 | 1,694 | 1,361 | 1,134 |
Depreciation DepreciationCr | 460 | 796 | 533 | 178 | 195 | 169 | 160 | 147 | 150 | 168 | 142 | 138 |
PBT PBTCr | -358 | -2,356 | -9,842 | -668 | -3,714 | -1,997 | -1,215 | -1,145 | -1,228 | -1,275 | -215 | 38 |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
PAT PATCr | -358 | -2,356 | -9,842 | -668 | -3,714 | -1,997 | -1,215 | -1,145 | -1,228 | -1,275 | -215 | 38 |
Growth PAT Growth% | 41.8 | -557.6 | -317.7 | 93.2 | -456.3 | 46.2 | 39.1 | 5.8 | -7.3 | -3.8 | 83.1 | 102.9 |
NPM NPM% | -12.1 | -87.2 | -526.7 | -52.3 | -344.6 | -191.3 | -111.1 | -103.5 | -103.1 | -97.5 | -18.6 | 3.2 |
| -1.8 | -12.1 | -50.3 | -3.4 | -19.0 | -10.2 | -6.2 | -5.9 | -6.3 | -6.5 | -1.1 | 0.2 |
| Financial Year | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital Equity CapitalCr | 1,955 | 1,955 | 1,955 | 1,955 | 1,955 | 1,955 | 1,955 | 1,955 | 1,955 | 1,955 | 1,955 |
Reserves ReservesCr | -5,941 | -8,230 | -18,139 | -18,814 | -22,585 | -24,580 | -25,795 | -26,942 | -28,170 | -29,446 | -29,659 |
| 5,919 | 7,151 | 10,553 | 13,620 | 12,877 | 10,009 | 9,423 | 10,221 | 7,535 | 9,957 | 18,184 | |
| 7,529 | 10,664 | 7,986 | 5,731 | 6,316 | 9,991 | 10,774 | 10,044 | 13,025 | 10,917 | 3,140 | |
| 9,462 | 11,906 | 3,380 | 4,531 | 1,714 | 1,509 | 1,365 | 1,211 | 1,307 | 1,304 | 1,341 | |
| 1,047 | 1,252 | 1,885 | 3,518 | 596 | 488 | 378 | 271 | 290 | 294 | 184 | |
| 8,415 | 10,654 | 1,496 | 1,013 | 1,119 | 1,021 | 986 | 939 | 1,017 | 1,009 | 1,157 | |
| 9,462 | 11,906 | 3,380 | 4,531 | 1,714 | 1,509 | 1,365 | 1,211 | 1,307 | 1,304 | 1,341 |
| Financial Year | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital Equity CapitalCr | 1,955 | 1,955 | 1,955 | 1,955 | 1,955 | 1,955 | 1,955 | 1,955 | 1,955 | 1,955 | 1,955 |
Reserves ReservesCr | -5,941 | -8,230 | -18,139 | -18,814 | -22,585 | -24,580 | -25,795 | -26,942 | -28,170 | -29,446 | -29,659 |
| 5,919 | 7,151 | 10,553 | 13,620 | 12,877 | 10,009 | 9,423 | 10,221 | 7,535 | 9,957 | 18,184 | |
| 7,529 | 10,664 | 7,986 | 5,731 | 6,316 | 9,991 | 10,774 | 10,044 | 13,025 | 10,917 | 3,140 | |
| 9,462 | 11,906 | 3,380 | 4,531 | 1,714 | 1,509 | 1,365 | 1,211 | 1,307 | 1,304 | 1,341 | |
| 1,047 | 1,252 | 1,885 | 3,518 | 596 | 488 | 378 | 271 | 290 | 294 | 184 | |
| 8,415 | 10,654 | 1,496 | 1,013 | 1,119 | 1,021 | 986 | 939 | 1,017 | 1,009 | 1,157 | |
| 9,462 | 11,906 | 3,380 | 4,531 | 1,714 | 1,509 | 1,365 | 1,211 | 1,307 | 1,304 | 1,341 |
| Financial Year | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 766 | 730 | 603 | -734 | -360 | 567 | 530 | 558 | 586 | 505 | 668 | |
| -1,183 | -2,198 | 259 | -101 | 510 | -177 | -130 | -66 | -64 | -109 | -91 | |
| 434 | 1,041 | -860 | 967 | -237 | -432 | -427 | -494 | -503 | -386 | -604 | |
Net Cash Flow Net Cash FlowCr | 18 | -427 | 2 | 132 | -87 | -42 | -26 | -2 | 18 | 10 | -27 |
Free Cash Flow Free Cash FlowCr | 513 | -160 | 526 | -861 | -469 | 457 | 426 | 449 | 482 | 413 | 535 |
CFO To PAT CFO To PAT% | -213.8 | -31.0 | -6.1 | 109.9 | 9.7 | -28.4 | -43.6 | -48.8 | -47.7 | -39.6 | -310.1 |
CFO To EBITDA CFO To EBITDA% | 102.9 | 126.6 | 955.0 | -111.7 | -85.3 | 116.0 | 113.3 | 113.3 | 111.1 | 88.5 | 108.1 |
| Financial Year | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 766 | 730 | 603 | -734 | -360 | 567 | 530 | 558 | 586 | 505 | 668 | |
| -1,183 | -2,198 | 259 | -101 | 510 | -177 | -130 | -66 | -64 | -109 | -91 | |
| 434 | 1,041 | -860 | 967 | -237 | -432 | -427 | -494 | -503 | -386 | -604 | |
Net Cash Flow Net Cash FlowCr | 18 | -427 | 2 | 132 | -87 | -42 | -26 | -2 | 18 | 10 | -27 |
Free Cash Flow Free Cash FlowCr | 513 | -160 | 526 | -861 | -469 | 457 | 426 | 449 | 482 | 413 | 535 |
CFO To PAT CFO To PAT% | -213.8 | -31.0 | -6.1 | 109.9 | 9.7 | -28.4 | -43.6 | -48.8 | -47.7 | -39.6 | -310.1 |
CFO To EBITDA CFO To EBITDA% | 102.9 | 126.6 | 955.0 | -111.7 | -85.3 | 116.0 | 113.3 | 113.3 | 111.1 | 88.5 | 108.1 |
| Financial Year | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Market Cap Market CapitalizationCr | 1,296 | 1,408 | 1,077 | 600 | 352 | 2,756 | 32,618 | 10,848 | 14,459 | 11,012 | 6,117 | 6,981 |
Price To Earnings Price To Earnings | 187.9 | |||||||||||
Price To Sales Price To Sales | 0.4 | 0.5 | 0.6 | 0.5 | 0.3 | 2.6 | 29.8 | 9.8 | 12.1 | 8.4 | 5.3 | 5.9 |
Price To Book Price To Book | -0.3 | -0.2 | -0.1 | 0.0 | 0.0 | -0.1 | -1.4 | -0.4 | -0.6 | -0.4 | -0.2 | -0.3 |
EV To EBITDA EV To EBITDA | 16.0 | 28.3 | 224.8 | 19.9 | 25.9 | 45.5 | 112.0 | 62.3 | 65.4 | 55.0 | 43.7 | 43.2 |
GPM GPM% | 42.5 | 56.3 | 53.4 | 47.2 | 53.3 | 57.1 | 54.5 | 57.7 | 58.2 | 63.8 | 72.2 | 72.2 |
OPM OPM% | 25.0 | 21.3 | 3.4 | 51.5 | 39.1 | 46.8 | 42.8 | 44.5 | 44.3 | 43.6 | 53.2 | 54.6 |
NPM NPM% | -12.1 | -87.2 | -526.7 | -52.3 | -344.6 | -191.3 | -111.1 | -103.5 | -103.1 | -97.5 | -18.6 | 3.2 |
ROCE ROCE% | 4.9 | -12.4 | 274.4 | -21.0 | 21.8 | 14.1 | -8.0 | -7.0 | -6.4 | -5.9 | -16.8 | -16.8 |
ROE ROE% | 9.0 | 37.5 | 60.8 | 4.0 | 18.0 | 8.8 | 5.1 | 4.6 | 4.7 | 4.6 | 0.8 | 0.8 |
ROA ROA% | -3.8 | -19.8 | -291.2 | -14.7 | -216.7 | -132.3 | -89.0 | -94.5 | -94.0 | -97.8 | -16.1 | -16.1 |
| Financial Year | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Market Cap Market CapitalizationCr | 1,296 | 1,408 | 1,077 | 600 | 352 | 2,756 | 32,618 | 10,848 | 14,459 | 11,012 | 6,117 | 6,981 |
Price To Earnings Price To Earnings | 187.9 | |||||||||||
Price To Sales Price To Sales | 0.4 | 0.5 | 0.6 | 0.5 | 0.3 | 2.6 | 29.8 | 9.8 | 12.1 | 8.4 | 5.3 | 5.9 |
Price To Book Price To Book | -0.3 | -0.2 | -0.1 | 0.0 | 0.0 | -0.1 | -1.4 | -0.4 | -0.6 | -0.4 | -0.2 | -0.3 |
EV To EBITDA EV To EBITDA | 16.0 | 28.3 | 224.8 | 19.9 | 25.9 | 45.5 | 112.0 | 62.3 | 65.4 | 55.0 | 43.7 | 43.2 |
GPM GPM% | 42.5 | 56.3 | 53.4 | 47.2 | 53.3 | 57.1 | 54.5 | 57.7 | 58.2 | 63.8 | 72.2 | 72.2 |
OPM OPM% | 25.0 | 21.3 | 3.4 | 51.5 | 39.1 | 46.8 | 42.8 | 44.5 | 44.3 | 43.6 | 53.2 | 54.6 |
NPM NPM% | -12.1 | -87.2 | -526.7 | -52.3 | -344.6 | -191.3 | -111.1 | -103.5 | -103.1 | -97.5 | -18.6 | 3.2 |
ROCE ROCE% | 4.9 | -12.4 | 274.4 | -21.0 | 21.8 | 14.1 | -8.0 | -7.0 | -6.4 | -5.9 | -16.8 | -16.8 |
ROE ROE% | 9.0 | 37.5 | 60.8 | 4.0 | 18.0 | 8.8 | 5.1 | 4.6 | 4.7 | 4.6 | 0.8 | 0.8 |
ROA ROA% | -3.8 | -19.8 | -291.2 | -14.7 | -216.7 | -132.3 | -89.0 | -94.5 | -94.0 | -97.8 | -16.1 | -16.1 |
Documents — Tata Teleservices (Maharashtra) Ltd