Tata Teleservices (Maharashtra) Limited (TTML) specialises in connectivity and communication solutions for enterprise clients. The Tata Group company offers services in cloud computing, security, IoT, marketing and connectivity for businesses across sectors.
A subsidiary of Tata Teleservices Ltd, the company offers its products and business solutions under the brand Tata Tele Business Services (TTBS). TTML provides integrated telecom solutions for businesses and offers services to clients to enhance their competitiveness, under the TTBS brand.
Incorporated in 1995, the company was earlier known as Hughes Telecom (India) Limited and it was renamed as Tata Teleservices (Maharashtra) Ltd in 2003. Initially it received licences to provide telephony services in Maharashtra and Goa. However, the company exited the business in 2017 after heavy losses.
TTML’s market capitalisation stood at more than ₹17,500 crore as of December 12, 2023. TTML share price has surged 1027% in the last three years.
TTML business operations
TTML primarily focuses on enterprise customers across manufacturing, e-commerce, IT, media, entertainment, healthcare and pharmaceutical sectors. TTML’s various business verticals cater to the specific needs of its diverse client base.
The company offers high-speed internet solutions for businesses, including optical fibre and wireless broadband services. TTML’s broadband services include leased lines, DSL, Wi-Fi, managed gateway services and web conferencing solutions.
TTML provides voice solutions like PBX, toll-free numbers and unified communications for businesses to increase their operational efficiency.
The company offers Microsoft Azure cloud services and Smartflo, a cloud-based collaboration platform for various tasks like storage, networking, document sharing, video conferencing and voice messaging among others.
The Cloud and SaaS offering of the company allow businesses to access computing resources and applications on-demand, without the need for upfront investment in infrastructure. The data management services of TTML include data backup, data centre hosting, data security and analytics.
The company’s cybersecurity solutions include firewalls, malware protections, intrusion detection and data encryption. TTML provides security consulting services to assess security risks for businesses, under its TTBS brand.
The marketing solutions of TTML include both traditional and latest technology driven solutions. Under its digital marketing services the company helps businesses in search engine optimisation (SEO), social media marketing, and email marketing. The company is engaged in outdoor, television and print advertising solutions.
Apart from its major business verticals the company also develops communication and network solutions to cater to specific needs of clients in industries like banking, finance, insurance, ITES, manufacturing, healthcare, education and retail.
Tata Teleservices (Maharashtra) Financial Highlights
- Revenue: Tata Teleservices (Maharashtra) reported revenue of ₹3,191.06 crore in FY11 vs ₹2,309.45 crore in FY10. It showed an increase of 38.17% on a yearly basis.
- Operating Profit: Tata Teleservices (Maharashtra) reported an operating profit of ₹80.24 crore in FY11 vs ₹317.99 crore in FY10. It showed an increase of 125.23% on a year-on-year basis.
- Net Profit: Tata Teleservices (Maharashtra) reported a net profit of ₹80.23 crore in FY11 vs ₹318.00 crore in FY10. It showed an increase of 125.23% on a yearly basis.
Tata Teleservices (Maharashtra) Quarterly Result Highlights
- Tata Teleservices (Maharashtra) reported revenue of ₹602.88 crore in Dec 2009, compared with ₹549.50 crore in Sep 2009, representing an increase of 9.71% on a quarter-on-quarter (QoQ) basis.
- Tata Teleservices (Maharashtra) reported an operating loss of ₹103.29 crore in Dec 2009, compared with ₹116.55 crore in Sep 2009, representing an increase of 11.38% on a quarter-on-quarter (QoQ) basis.
- Tata Teleservices (Maharashtra) reported a loss of ₹103.29 crore in Dec 2009, compared with ₹116.12 crore in Sep 2009, reflecting an increase of 11.05% on a QoQ basis.
