Friday, 20 January 2023
TTML
*TTML* Interesting Business Module and Overview
*Ttml Tata Tele Services Ltd @ Rs. 80.20/-.*
Eq 195 cr shares Rs 1950 crs *Face Value Rs 10*
On revenue Rs 1055 crs ( M21 ) co earned IBITA of Rs 500 crs which is 48% that is higher than Bharti and Vodafone. TTML/TTBS is very much part of $113 billion Tata group
*Game Changer :* New *TATA* logo
DO BIG Enabling Enterprises to Through connectivity, security, cloud and collaboration solutions is the new logo of *TATA for TTML* .
We have seen many penny stocks run from Rs 5 to 60, 10 to 80 and 20 to 100 etc and *TTML* is no exception. But we never buy a stock without knowing the reason behind it. Our theory is to save capital first. Also before trusting a turnaround story promoter must he checked. We have seen in some stocks which went up by 500 pc and promoters were found sellers.
*Manageable Debt*
Debt is manageable as promoters are 113 bn $ TATA gr. Tata Sons cleaned up past financial mess and TTML/TTBS will resume operations on a clean slate. Promoters pumped in Rs 46000 crs so far and with this kind of infusion will not let this co die.
*Promoters holding :* strong confidence
Promoters hold 75 stake in the co irrespective of the continued bleeding of the co.
*New business from the scratch*
In 2019 TATA Sons announced their plans to revive TTML. It is now a brand new company.
*Tata Tele Services* , *TTML/TTBS* is all set to compete face-to-face with Reliance Jio platforms.
Entire group now focusing on reviving *TTML/TTBS* . With massive Ecommerce Digital technology push and other initiatives, soon Tata group will expand to $200 billion, TTML/TTBS will be its new blue eyed poster boy, next blue-chip-in-making from Tata group.
*Newly re-branded and financially revamped TTBS/TTML will gain most from Tata SuperApp* , since TTML/TTBS will run the show by providing direct technical support and infrastructure to Tata Digital, besides other benefits.
*New Strategy*
The media briefing to Economic Times and TimesNow of May 25, 2021 is significant. It says, TTML/TTSL is rebranded as new TTBS, Tata Tele Business Services, with a pan India presence
New confirmed businesses include TATA SuperApp ECommerce platform development & maintenance , SmartFlo cloud communication automation product suite, New businesses with SMEs, 5G services to telecom operators, Tata Electronics and Tata Communications support works, Existing steady businesses to continue ( *Broadband, Fixed lines, Tata Sky* )
New businesses coming up for TTML utilizing the synergy/co-operation within *$113 billion* Tata group, many more opportunities in pipeline. TTML and TTSL are being revived by *TATA Sons as TTBS* .
The entities continue to be integral to *Tata Group* as demonstrated by consistent support from Tata Sons. Best part is that promoters are ready to infuse more liquidity in the co and for the TATA Group which have more than 32 companies can integrate business of any one with TTML though they have already announced to move all digital biz in the co.
After the demerger, of Consumer Mobile Business (“CMB”) of the Company to Bharti Airtel Limited (“Bharti”) under a Scheme of Arrangement (the “Scheme”), from July 1, 2019, the Company has been focusing on providing various wireline voice, data and managed telecom services to Enterprise customers.
The Company may also explore opportunities to strategically restructure the residual business at an appropriate time. The Company provides its range of products and services to about 7.14 Lakhs subscribers as of March 31, 2021 and adding up MOM is having optical fibre transmission network about 17,000 kms in across Mumbai, rest of Maharashtra and Goa.
To make *SuperApp* bigger and better, *Tata group* in recent weeks, has been on an acquisition spree, acquiring majority stake in *BigBasket, CureFit and 1MG.*
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