TTML Share Price Target 2024, 2025, 2026, 2027, 2030 and Prediction

This post was most recently updated on December 16th, 2023

Tata Teleservices (Maharashtra) Ltd (TTML) is a company in India that helps businesses connect and communicate. It’s known as Tata Tele Business Services (TTBS) and provides many services like cloud computing, cyber security, marketing, voice solutions, and the Internet of Things. In this article, we will look at TTML Share Price Target 2024, 2025, 2026, 2027, and 2030.

In this blog, we’re going to talk about the TTML stock from different angles. We’ll look at what the company does, its strengths and weaknesses, the chances it has to grow, the risks it faces, and the financial side of things.

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TTML Share Price Target 2024, 2025, 2026, 2027, 2030

TTML Share Price Target 2024

In 2024, market projections suggest that the TTML (Tata Teleservices Maharashtra Limited) share price is expected to have a minimum target of ₹100, a maximum target of ₹138, and an average target of ₹119.

TTML Share Price Target 2025

In 2025, market projections suggest that the TTML (Tata Teleservices Maharashtra Limited) share price is expected to have a minimum target of ₹100, a maximum target of ₹138, and an average target of ₹119.

TTML Share Price Target 2026

In 2026, market projections suggest that the TTML (Tata Teleservices Maharashtra Limited) share price is expected to have a minimum target of ₹100, a maximum target of ₹138, and an average target of ₹119.

TTML Share Price Target 2030

In 2030, market projections suggest that the TTML (Tata Teleservices Maharashtra Limited) share price is expected to have a minimum target of ₹100, a maximum target of ₹138, and an average target of ₹119.

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Overview and TTML Stock Live Share Price

TTML stock is listed on the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE) with the symbol TTML. As of November 10, 2023, the stock price was 88.0 INR, down by 1.4% from the previous close. 

The TTML stock has a market capitalization of 174.48 billion INR and a face value of 10 INR per share. The stock has a 52-week high of 109.1 INR and a 52-week low of 49.65 INR. The stock has a beta of 1.49, indicating that it is more volatile than the market.

The stock has shown a remarkable performance in the past year, surging by over 1500% since January 2023. The stock has hit the upper circuit for 27 consecutive sessions since May 25, 2023, and during this period it has advanced over 261%. Year to date, the stock has increased by 461%.

The stock has attracted a lot of attention from investors, analysts, and media due to its phenomenal rally. Some of the reasons behind the stock’s surge are:

• The company’s debt reduction efforts, which have improved its balance sheet and liquidity position.
• The company’s strategic partnership with Bharti Airtel, which has enabled it to offer 4G services to its customers and benefit from Airtel’s network and infrastructure.
• The company’s focus on providing value-added services to its enterprise customers, such as cloud, security, IoT, and marketing solutions, which have higher margins and growth potential.
• The company’s participation in the upcoming 5G spectrum auction, which could open up new opportunities for the company in the telecom industry.
• The company’s association with the Tata Group, which has a strong brand value and reputation in the market.

Summary: TTML stock is a provider of connectivity and communication solutions for businesses in India. The stock has shown a remarkable performance in the past year, surging by over 1500% due to various factors such as debt reduction, partnership with Airtel, focus on value-added services, 5G prospects, and Tata Group affiliation.

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Strengths of TTML Stock

TTML stock possesses several key strengths that contribute to its competitive position in the market:

1. Large and Loyal Customer Base: With over 3.5 million subscribers, including small and medium enterprises, large corporates, and government entities, TTML has established a significant and diverse customer base. This broad and committed clientele is a testament to the company’s strong market presence and reliability.
2. Extensive Network Coverage: The company’s network spans across Maharashtra and Goa, covering over 49,000 towns and villages. This wide and robust network ensures that it can serve a large number of customers across these regions, enhancing its service delivery capabilities.
3. Diversified and Innovative Product Portfolio: TTML offers a variety of services including cloud and software solutions, cybersecurity, marketing, enterprise voice services, and Internet of Things (IoT). This diversified portfolio allows the company to cater to various customer needs and stay at the forefront of technological advancements.
4. Strong and Experienced Leadership: The company benefits from the leadership of Mr. N. Srinath, who brings over 30 years of experience in the telecom sector. This experienced leadership is crucial for strategic decision-making and navigating the competitive telecom industry.
5. Attractive Valuation (Low PE Ratio): The stock’s low price to earnings (PE) ratio suggests that it is undervalued relative to its earnings potential. This could indicate a good investment opportunity for those looking at the company’s future growth prospects.

In summary, TTML’s strengths lie in its substantial customer base, extensive network coverage, varied and forward-thinking service offerings, experienced management, and appealing stock valuation. These factors make it a strong competitor in the telecom sector.

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Weaknesses of TTML Stock

TTML stock is facing several significant weaknesses that could limit its growth potential and pose risks:

1. High Debt Burden: The company’s debt level is alarmingly high at 203.34 billion INR, over 17 times its total assets as of September 2023. This heavy debt affects the company’s liquidity and profitability, as the interest payments are even higher than its revenue, indicating poor financial health.
2. Negative Book Value per Share: TTML has a negative book value per share (-100.6 INR as of September 2023), meaning its liabilities exceed its assets. This negative net worth erodes shareholders’ equity and signals financial instability.
3. Low Price to Earnings Ratio: A PE ratio of 0 might suggest that the stock is undervalued relative to its earnings potential. However, it could also imply that the market lacks confidence in the company’s ability to generate significant future earnings or perceives its earnings as volatile and unpredictable.
4. Declining Net Profit Margin: The company’s net profit margin has deteriorated to -108.16% as of September 2023, lower than in previous quarters and years. This decline indicates that TTML is struggling to manage its costs and expenses efficiently, impacting its profitability.
5. Low Return on Assets: With a return on assets of only 6%, compared to the industry average of 12.3%, TTML is not utilizing its assets effectively to generate earnings, pointing to inefficiencies in asset management.

In summary, TTML’s weaknesses, including its substantial debt, negative book value, low PE ratio, declining profit margins, and suboptimal asset utilization, present significant challenges. These issues need to be addressed for the company to realize its growth potential and mitigate associated risks.

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Opportunities for TTML Stock

TTML stock presents several opportunities that could potentially enhance its value and performance in the future:

1. Low Price to Earnings Ratio: The stock’s low PE ratio suggests it may be undervalued relative to its earnings potential. This offers room for appreciation if the company can improve its earnings and profitability.
2. Partnership with Bharti Airtel: The strategic partnership with Bharti Airtel, enabling TTML to offer 4G services, is significant. This collaboration can assist TTML in expanding its customer base, increasing revenue, and enhancing its market share in the telecom industry.
3. Focus on Value-Added Services: TTML’s emphasis on providing high-margin, growth-oriented value-added services such as cloud, security, IoT, and marketing solutions to enterprise customers could be key to its competitive differentiation and customer loyalty. These services offer potential for higher profitability and market positioning.
4. Participation in the 5G Spectrum Auction: TTML’s involvement in the 5G spectrum auction opens avenues for new opportunities in the telecom sector. The adoption of 5G technology could enable TTML to offer advanced, faster, and more innovative services, thereby gaining a competitive edge.
5. Association with the Tata Group: The company’s affiliation with the Tata Group, renowned for its strong brand value and reputation, could be highly beneficial. Leveraging the group’s resources, expertise, and network could facilitate business expansion, operational improvements, and enhanced performance.

In summary, TTML stock has opportunities for growth and value enhancement through its attractive valuation, strategic partnership with Bharti Airtel, focus on high-margin services, potential in the 5G sector, and its association with the renowned Tata Group. These aspects could significantly influence the company’s future trajectory and investment appeal.

Threats for TTML Stock

TTML stock is exposed to several threats that could potentially hinder its growth and profitability:

1. Intense Market Competition: The telecom industry where TTML operates is highly competitive and dominated by major players like Reliance Jio, Bharti Airtel, and Vodafone Idea. TTML faces stiff competition from these companies in terms of pricing, service quality, and innovation, which can impact its market position and profitability.
2. Regulatory Challenges: The telecom sector is also heavily regulated, and compliance with various norms and policies can affect TTML’s operations and profit margins. Navigating these regulations effectively is crucial for the company’s stability and growth.
3. High Debt Burden: TTML’s significant debt level poses a risk of default and insolvency. The company’s financial obligations could increase due to interest payments, Adjusted Gross Revenue (AGR) dues, and costs related to the 5G spectrum auction. If the company’s cash flows and earnings are insufficient or decline, it may struggle to manage its debt, impacting its financial health.
4. Negative Book Value Per Share: The company’s negative book value per share suggests that its liabilities exceed its assets, eroding shareholder equity. This condition can affect TTML’s ability to raise capital in the market and attract investors, and could lead to further declines in the stock price if the company is perceived as insolvent or valueless.
5. Low Price to Earnings Ratio: A low PE ratio indicates that the market may not expect significant future earnings from TTML or that its earnings are seen as volatile and unpredictable. This skepticism about the company’s growth prospects and performance can affect its stock price and investor confidence.
6. Declining Net Profit Margin: The company’s falling net profit margin indicates challenges in controlling costs and expenses effectively. This could be a sign of operational inefficiencies, quality issues, or customer dissatisfaction. Additionally, rising costs for raw materials, spectrum, and network maintenance could further impact the company’s profitability and cash flows.

In summary, TTML stock faces significant threats from intense competition, regulatory complexities, high debt, negative shareholder equity, market skepticism about its earnings potential, and operational challenges affecting its profitability. These factors need to be carefully considered when evaluating the stock’s future prospects.

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SWOT Analysis of TTML Stock

Based on the above analysis, we can summarize the strengths, weaknesses, opportunities, and threats of TTML stock in a SWOT matrix as follows:

Strengths:

1. Large and Loyal Customer Base: TTML’s substantial customer base across various sectors is a significant strength.
2. Wide and Robust Network Coverage: The company’s extensive network in Maharashtra and Goa enhances its service capacity.
3. Diversified and Innovative Product Portfolio: Offering a range of services like cloud, cybersecurity, and IoT keeps the company competitive.
4. Strong and Experienced Management Team: Expert leadership is crucial for navigating market challenges.
5. Low Interest Coverage Ratio: Indicates the company’s capacity to meet interest expenses, though this could also be a potential risk factor.

Weaknesses:

1. High Debt Burden: TTML’s large debt could hinder financial flexibility and growth.
2. Negative Book Value per Share: Suggests financial instability and potential investor concerns.
3. Low Price to Earnings Ratio: This could indicate undervaluation or skepticism about future earnings.
4. Declining Net Profit Margin: Reflects potential issues in profitability and cost management.
5. Low Return on Assets: Indicates inefficiency in utilizing assets to generate profits.

Opportunities:

1. Low Price to Earnings Ratio: Also represents a potential for stock price appreciation if earnings improve.
2. Strong Partnership with Bharti Airtel: Offers significant advantages in service offerings and market reach.
3. Focus on Value-Added Services: High-margin services could lead to better profitability and differentiation from competitors.
4. Participation in the 5G Spectrum Auction: Could provide a technological edge and new market opportunities.
5. Association with the Tata Group: Offers brand value and potential resource leverage.

Threats:

1. Highly Competitive and Regulated Telecom Industry: Puts pressure on pricing, innovation, and regulatory compliance.
2. High Debt Burden: Continues to be a major financial risk.
3. Negative Book Value per Share: Can affect investor confidence and capital raising ability.
4. Low Price to Earnings Ratio: Reflects market doubts about growth prospects.
5. Declining Net Profit Margin: Indicates potential operational inefficiencies and financial challenges.

In summary, TTML stock has a blend of strengths like a strong customer base and diversified services, and opportunities including technological advancements and strategic partnerships. However, it also faces significant challenges like high debt, financial instability, and intense competition.

TTML needs to effectively utilize its strengths and opportunities while addressing its weaknesses and threats to achieve sustained growth and profitability.

Risks in the Future for TTML Stock

TTML stock faces several potential risks in the future that could significantly impact its performance and valuation:

1. Challenges in Debt Reduction: The company’s efforts to reduce its debt may not be effective enough. Struggling to repay debts or raise additional funds could be a major concern, especially if the debt burden escalates due to interest payments, Adjusted Gross Revenue (AGR) dues, and costs from the 5G spectrum auction. Insufficient cash flows and deteriorating earnings could heighten the risk of default or insolvency.
2. Uncertainty in Bharti Airtel Partnership: The sustainability and benefits of the partnership with Bharti Airtel might be at risk. TTML could lose its competitive edge and market share if it fails to maintain or improve service quality, customer satisfaction, and innovation. Regulatory or legal disputes with Airtel or other telecom operators could also pose challenges.
3. Value-Added Services Risks: The company’s focus on value-added services may not yield the expected profitability or scalability. TTML could face stiff competition, difficulties in customer acquisition or retention, challenges in developing or launching new products or services, and hurdles in creating a loyal customer base. Additionally, technological and operational risks are associated with providing these services.
4. 5G Spectrum Auction and Implementation Risks: The company’s participation in the 5G spectrum auction may not be successful or cost-effective, possibly preventing TTML from fully leveraging 5G technology. Challenges could arise in acquiring or deploying the 5G spectrum, upgrading the network infrastructure, or delivering faster and more innovative services. Regulatory or legal hurdles in the 5G space could further complicate matters.
5. Dependence on Tata Group Association: TTML’s association with the Tata Group may not consistently provide the expected benefits. The company might face difficulties in aligning its strategies with the Tata Group, leveraging the group’s resources, or maintaining and enhancing its brand value and reputation. There could also be interference or influence issues with the Tata Group or its other entities.

In summary, the future risks for TTML stock include the complexities of debt management, uncertainties in strategic partnerships, challenges in high-value service sectors, potential hurdles in the 5G spectrum arena, and reliance on its association with the Tata Group. These factors need careful monitoring as they could substantially influence the company’s future trajectory.

Key Things to Watch Out for TTML Stock

Investors in TTML stock should closely monitor several key indicators to understand the potential direction and volatility of the stock. These indicators can offer insights into the company’s future prospects and investment risks:

1. Quarterly and Annual Financial Results: Regular examination of TTML’s financial reports is crucial. These results will shed light on the company’s revenue, earnings, profitability, cash flows, and debt situation. They also provide a clearer picture of the company’s operational efficiency, customer base dynamics, product portfolio diversification, and market share.
2. Debt Reduction Efforts: The company’s initiatives to reduce its debt are vital to monitor. Effective debt management can improve TTML’s balance sheet and liquidity position, potentially reducing interest payments, debt obligations, and the risk of default.
3. Partnership with Bharti Airtel: The strategic partnership with Bharti Airtel is a significant factor. Its impact on TTML’s ability to offer 4G services, along with the benefits from Airtel’s network and infrastructure, can influence the company’s customer base growth, revenue generation, and market share in the telecom industry.
4. Focus on Value-Added Services: TTML’s emphasis on high-margin and growth-oriented value-added services such as cloud, security, IoT, and marketing solutions could be key to its competitive differentiation and customer loyalty. The success of these services can significantly impact the company’s profitability.
5. Participation in the 5G Spectrum Auction: TTML’s involvement in the 5G spectrum auction represents a potential opportunity. Successful participation could enable the company to offer advanced telecom services, positioning it at the forefront of the 5G revolution and giving it a competitive edge.
6. Association with the Tata Group: The company’s relationship with the Tata Group is another critical aspect. Leveraging the group’s resources, expertise, and network can facilitate business expansion and performance improvement. Additionally, this association could enhance TTML’s brand value and reputation in the market.

In summary, investors should pay attention to TTML’s financial performance, debt management strategies, partnership outcomes, success in value-added services, involvement in the 5G spectrum, and its relationship with the Tata Group. These factors are likely to significantly influence the stock’s movement and should be carefully evaluated for informed investment decisions.

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Closing Thoughts on TTML Share Price Target 2024, 2025, 2026, 2027, 2030

TTML stock, known for its connectivity and communication solutions in India, has seen an impressive 1500% increase in the past year. This surge is attributed to factors like debt reduction, partnership with Airtel, focus on value-added services, 5G potential, and ties to Tata Group.

Yet, TTML Stock faces challenges like high debt, negative book value per share, low price to earnings ratio, decreasing net profit margin, and a competitive telecom sector. Future risks include debt management, partnership issues, competition in value-added services, uncertainties in 5G spectrum auction, and fluctuating association with Tata Group.

Investors should keep an eye on the company’s financial results, debt reduction progress, Airtel partnership, value-added service focus, 5G spectrum auction involvement, and Tata Group association.

This post offers a detailed analysis of TTML Share Price Target 2024, 2025, 2026, 2027, 2030, covering its strengths, weaknesses, opportunities, threats, financials, risks, and crucial watch-out factors. We hope you find this information useful.

Disclaimer: This is for informational purposes only and not investment advice. The data comes from Bing search results and is not guaranteed for accuracy or completeness. Readers should conduct their own research and consult a financial advisor before investing in TTML stock. The responsibility for any decision lies solely with the reader. The author does not own TTML stock shares.

FAQs on TTML Share Price Target 2024, 2025, 2026, 2027, 2030

What is TTML Share Price Target 2024?

The projected TTML share price targets in 2024 include a low estimate of ₹100, a high estimate of ₹138, and an average estimate of ₹119.

What is TTML Share Price Target 2025?

The forecasted TTML share price target for 2025 is projected to be a minimum of ₹100, a maximum of ₹138, and an average of ₹119.

What is TTML Share Price Target 2026?

The anticipated share price targets for TTML in 2026 are forecasted to range from a minimum of ₹100, a maximum of ₹138, and an average of ₹119.

What is TTML Share Price Target 2030?

The projected TTML share price targets in 2030 is estimated to be a minimum of ₹100, a maximum of ₹138, and an average of ₹119.