Tata Teleservices (Maharashtra) Limited

Provides wireless telecommunications, cloud and saas, collaboration, connectivity, IoT, and marketing solutions.

1995 | Thane, Maharashtra (India) | Active
Last Updated: November 16, 2024

Tata Teleservices (Maharashtra) Profile

Key Indicators

  • Authorised Capital ₹ 31,000.00 Cr
  • Paid Up Capital ₹ 1,954.93 Cr
  • Company Age 29 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 4,277.00 Cr
  • Satisfied Charges ₹ 8,015.80 Cr
  • Revenue Growth 1.10%
  • Profit Growth 5.78%
  • Ebitda 5.32%
  • Net Worth -1.18%
  • Total Assets -11.27%

About Tata Teleservices (Maharashtra)

Tata Teleservices (Maharashtra) Limited (TTML) is a leading Public Limited Indian Non-Government Company incorporated in India on 13 March 1995 and has a history of 29 years and 11 months. Its registered office is in Thane, Maharashtra, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 532371 and on the National Stock Exchange(NSE) under TTML.

The Corporate was formerly known as Hughes Ispat Limited. The Company is engaged in the Telecom Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 31,000.00 Cr and a paid-up capital of Rs 1,954.93 Cr.

The company currently has active open charges totaling ₹4,277.00 Cr. The company has closed loans amounting to ₹8,015.80 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Tata Teleservices (Maharashtra) Limited India are Shinu Mathai as CFO and Vrushali Dhamnaskar as Company Secretary. Narendra Jadhav, Ramanathan Kumar, Hiroo Mirchandani, and Three other members serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    L64200MH1995PLC086354

  • Company No.

    086354

  • Stock Symbol

    BSE : 532371 NSE : TTML

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    13 Mar 1995

  • Date of AGM

    25 Jun 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Mumbai

Industry

Telecom

Who are the key members and board of directors at Tata Teleservices (Maharashtra)?

Executive Team (3)

NameDesignationAppointment DateStatus
Harjit Singh Country flag representing In Managing Director24-Apr-2023Current
Shinu Mathai Country flag representing In CFO01-Mar-2023Current
Vrushali Dhamnaskar Country flag representing In Company Secretary01-Jul-2018Current

Board Members (5)

NameDesignationAppointment DateStatus
Ramanathan Kumar Country flag representing In Director 24-Sep-2019Current
Narendra Jadhav Country flag representing In Director 01-Apr-2019Current
Hiroo Mirchandani Country flag representing In Director 09-Mar-2015Current
Ankur Verma Country flag representing In Director 29-Sep-2018Current
Amur Swaminathan Country flag representing In Director 24-Apr-2023Current

Financial Performance of Tata Teleservices (Maharashtra).

Tata Teleservices (Maharashtra) Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 1.1% increase. The company also saw a slight improvement in profitability, with a 5.78% increase in profit. The company's net worth dipped by a decrease of 1.18%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
1.10%
Revenue from Operations
1.13%
Total Assets
-11.27%
Profit or Loss
5.78%
Net Worth
-1.18%
EBITDA
5.32%

What is the Ownership and Shareholding Structure of Tata Teleservices (Maharashtra)?

In 2023, Tata Teleservices (Maharashtra) had a promoter holding of 74.36% and a public holding of 25.64%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹4,277.00 Cr

Satisfied Charges

₹8,015.80 Cr

Charges Breakdown by Lending Institutions

  • Idbi Trusteeship Services Limited : 3777.00 Cr
  • Others : 500.00 Cr

Latest Charge Details

DateLenderAmountStatus
15 Jul 2024Idbi Trusteeship Services Limited₹200.00 CrOpen
19 Mar 2024Idbi Trusteeship Services Limited₹1,930.00 CrOpen
14 Feb 2024Idbi Trusteeship Services Limited₹500.00 CrOpen
10 Mar 2023Others₹500.00 CrOpen
21 Nov 2022Idbi Trusteeship Services Limited₹1,000.00 CrOpen

How Many Employees Work at Tata Teleservices (Maharashtra)?

Tata Teleservices (Maharashtra) has a workforce of 407 employees as of Apr 07, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Tata Teleservices (Maharashtra), offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Tata Teleservices (Maharashtra)'s trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Tata Teleservices (Maharashtra)

Recent activity within the organization

  • Charges

    A charge with Idbi Trusteeship Services Limited amounted to Rs. 200.00 Cr with Charge ID 100945043 was registered on 15 Jul 2024.

    15 Jul 2024

  • Annual General Meeting

    Tata Teleservices (Maharashtra) Limited last Annual general meeting of members was held on 25 Jun 2024 as per latest MCA records.

    25 Jun 2024

  • Charges

    A charge with Idbi Trusteeship Services Limited of Rs. 20.00 Cr registered on 22 Oct 2021 with Charge ID 100494224 was modified on 04 Apr 2024.

    04 Apr 2024

  • Charges

    A charge with Idbi Trusteeship Services Limited of Rs. 75.00 Cr registered on 09 Sep 2010 with Charge ID 10239381 was modified on 04 Apr 2024.

    04 Apr 2024

  • Balance Sheet

    Tata Teleservices (Maharashtra) Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Charges

    A charge with Idbi Trusteeship Services Limited amounted to Rs. 1,930.00 Cr with Charge ID 100882157 was registered on 19 Mar 2024.

    19 Mar 2024

Frequently asked questions

  • Tata Teleservices (Maharashtra) Limited was incorporated on 13 Mar 1995.

  • The authorized share capital of Tata Teleservices (Maharashtra) Limited is ₹ 31,000.00 Cr and paid-up capital is ₹ 1,954.93 Cr.

  • Currently 8 directors are associated with Tata Teleservices (Maharashtra) Limited.

    • Narendra Damodar Jadhav
    • Ramanathan Kumar
    • Hiroo Mirchandani
    • Ankur Verma
    • Amur Lakshminarayanan Swaminathan
    • Harjit Singh
    • Shinu Mathai
    • Vrushali Neelesh Dhamnaskar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Tata Teleservices (Maharashtra) Limited is D-26 Ttc Industrial Area, Midc Sanpada Turbhe India, Navi Mumbai, Maharashtra, 400703.

  • The corporate identification number (CIN) of Tata Teleservices (Maharashtra) Limited is L64200MH1995PLC086354 and the company number is 086354 as per Ministry of Corporate Affairs (MCA).

  • Yes, Tata Teleservices (Maharashtra) Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): TTML.

  • The Official website of Tata Teleservices (Maharashtra) Limited is https://www.tatateleservices.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Tata Teleservices (Maharashtra) Limited has risen by 1.10%.

  • As Per 2023 financial reports, 407 employees are currently employed by Tata Teleservices (Maharashtra) Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Tata Teleservices (Maharashtra) Limited has experienced an downturn of -1.18%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Tata Teleservices (Maharashtra) Limited amount to ₹ 4,277.00 Cr.

  • The most recent Balance Sheet for Tata Teleservices (Maharashtra) Limited was filed with the ROC on 31 Mar 2024.

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