MTNL · NSE

Mahanagar Telephone Nigam Limited

₹23.8

+0.13% (+₹0.03)

Prev. close

₹23.77

Volume

7,78,801

Delivery %

41.3%

As of

18 Sept 2026

Price history

₹23.8-₹5.35 (-18.35%) · 3M
10 Jun 202618 Sept 2026
₹32.15₹23.710 Jun03 Jul03 Aug26 Aug18 Sept
Daily closes · updates after each session

No analyst calls on this stock in the last 90 days yet.

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Analyst opinions

No analyst calls on Mahanagar Telephone Nigam Limited in the last 90 days.

Fundamentals

About Mahanagar Telephone Nigam Limited

Mahanagar Telephone Nigam Limited, together with its subsidiaries, provides telecommunication services in India. The company operates through two segments, Basic and Other Services, and Cellular Services. It offers mobile, voice, roaming, and internet services; and international long distance services. The company also provides remote monitoring; capacity building and skill development programme; ICT Solution with operation and maintenance services; launch, operate, provide, and maintains cloud and managed services; surveillance and perimeter security services, including emergency communication; wi-fi, surveillance projects, infrastructure sharing, web hosting, and cloud computing services. In addition, it is involved in the provision of cloud services; and information technology/data activities. Mahanagar Telephone Nigam Limited was incorporated in 1986 and is based in New Delhi, India.

Details

Sector

Communication Services

Industry

Telecom Services

CEO

Mr. A. Robert Jerard Ravi

Headquarters

New Delhi

Employees

2,795

Website

mtnl.in

Key stats

Market cap

₹1,499.40 Cr

EPS (TTM)

₹-47.72

Beta (1Y · daily vs NIFTY 50)

1.92

Beta (5Y · monthly vs NIFTY 50)

2.58

Shares float

26.55 Cr

EPS · quarter ended Jun 2026

₹-13.37

Financial Performance

01 · Financials

-4000 Cr-2000 Cr0 Cr2000 Cr-40%-30%-20%-10%0%FY21FY22FY23FY24FY25FY26
RevenueNet incomeEBITDARevenue growth YoY

Revenue for Mar 2021–Mar 2022 is as filed with BSE (consolidated), and the first plotted growth figure is computed against Mar 2020 revenue as filed with BSE; the two sources' revenue definitions differ by 6.7% on Mar 2023. FY21 growth needs FY20 filings, which the data source doesn't provide.

02 · Earnings Per Share (EPS)

-60-40-200FY21FY22FY23FY24FY25FY26

04 · Operating Efficiency (Growth Rates)

Balance-sheet-based · pre-FY23 not filed in verifiable form

-100%0%100%200%FY21FY22FY23FY24FY25FY26
SalesFixed assetsTrade receivablesInventory

05 · Capital Structure & Asset Utilization

Pre-FY23 not filed in verifiable form

0 Cr10000 Cr20000 Cr30000 Cr40000 Cr0.03×0.05×0.07×FY23FY24FY25FY26
Total assetsTotal debtAsset turnover

Debt/equity omitted where reported equity was zero or negative. Asset turnover needs a prior year of assets — omitted for the earliest available year.

06 · Asset Base Composition

Pre-FY23 not filed in verifiable form

0 Cr5000 Cr10000 Cr15000 CrFY21FY22FY23FY24FY25FY26
Fixed assetsCurrent assetsOther assets

07 · Debt Level & Coverage

Pre-FY23 not filed in verifiable form

-50000 Cr0 Cr50000 CrFY21FY22FY23FY24FY25FY26
DebtFree cash flowCash & equivalents

08 · Profit & Loss

Annual

Line itemFY21FY22FY23FY24FY25FY26
₹1,387.71 Cr₹1,149.04 Cr₹935.23 Cr₹798.56 Cr₹663.43 Cr₹424.59 Cr
EBITDA₹540.54 Cr₹310.28 Cr₹39.71 Cr₹-113.92 Cr₹-55.53 Cr₹229.13 Cr
₹-2,461.26 Cr₹-2,603.13 Cr₹-2,915.11 Cr₹-3,267.52 Cr₹-3,327.69 Cr₹-3,107.24 Cr
Diluted EPS₹-39.07₹-41.32₹-46.27₹-51.87₹-52.82₹-49.32

09 · Balance Sheet

Annual

Line itemFY21FY22FY23FY24FY25FY26
₹11,643.99 Cr₹10,717.34 Cr₹10,226.33 Cr₹10,075.65 Cr
₹28,350.95 Cr₹30,141.28 Cr₹32,655.00 Cr₹35,444.57 Cr
Stockholders' equity₹-20,854.94 Cr₹-23,644.10 Cr₹-26,918.97 Cr₹-29,959.74 Cr

Total assets, Current assets, Inventory, Trade receivables, Cash & equivalents, Non-current assets, Fixed assets, CWIP, Others, Total debt, Long-term debt, Current (short-term) debt, Stockholders' equity have filed figures for only some of the years shown — no further verified source covers the rest, so those years are left blank rather than estimated.

Annual only — the data source doesn’t publish quarterly balance-sheet detail for most NSE-listed companies.

10 · Cash Flow Statement

Annual

Line itemFY21FY22FY23FY24FY25FY26
₹-224.51 Cr₹703.74 Cr₹63.85 Cr₹130.10 Cr₹339.84 Cr₹176.44 Cr
Investing cash flow₹-259.16 Cr₹204.48 Cr₹-173.80 Cr₹107.38 Cr₹-28.70 Cr₹-200.51 Cr
₹414.16 Cr₹-936.04 Cr₹177.08 Cr₹-318.79 Cr₹-215.45 Cr₹-19.29 Cr
Capital expenditure₹-99.75 Cr₹-12.85 Cr₹-43.68 Cr₹-73.13 Cr₹-35.77 Cr₹-24.90 Cr
End cash position₹127.09 Cr₹99.27 Cr₹166.39 Cr₹85.07 Cr₹180.76 Cr₹137.40 Cr

Annual only — the data source has no quarterly cash-flow-statement coverage.

11 · Shareholding Pattern

NSE, quarterly

Line itemDec 19Sep 22(7Q)Dec 22Sep 23(4Q)Dec 23Jun 26(11Q)
Promoter56.89%56.82%56.25%
Public43.11%43.18%43.75%
Employee trusts0.00%0.00%0.00%

Source: NSE quarterly shareholding-pattern filings, collapsed to periods where the reported percentages held steady — a column spanning several quarters means no change was filed across them. No FII/DII sub-split available from this source — Public includes all non-promoter, non-employee-trust holders.

12 · Peer Comparison

Communication Services

Company
Bharti Airtel Limited₹11.45 L Cr₹1,893.338.37.6817.9%1.31+22.0%-2.5%
Vodafone Idea Limited₹1.62 L Cr₹14.974.3+3.1%+83.9%
Indus Towers Limited₹99,053.33 Cr₹381.3514.02.5018.0%0.53+7.9%+7.6%
Info Edge (India) Limited₹81,938.81 Cr₹1,251.251.42.163.8%0.01+15.3%-9.6%
Bharti Hexacom Limited₹73,965.00 Cr₹1,481.140.610.3224.2%0.82+9.4%-14.2%
Tata Communications Limited₹51,013.22 Cr₹1,791.652.314.8029.1%3.55+7.8%+5.8%
Prime Focus Limited₹24,955.81 Cr₹334.95228.911.9510.5%2.74+29.7%+78.4%
Affle 3i Limited₹21,603.66 Cr₹1,545.645.45.9212.5%0.00+19.6%-28.0%
Sun TV Network Limited₹18,458.92 Cr₹451.712.11.4611.4%0.01+7.8%-19.3%
Nazara Technologies Limited₹13,947.15 Cr₹369.3515.74.022.8%0.06+12.6%-66.6%
PVR INOX Limited₹12,497.91 Cr₹1,324.744.71.694.5%0.92+16.8%+17.5%
Mahanagar Telephone Nigam Limited₹1,501.92 Cr₹23.77-36.0%-47.4%

Ranked by market cap within Communication Services, same metrics as the Fundamentals screener. Click a column to sort.

Documents

Annual reports

Show all 30

Official documents linked from their sources — offer documents as filed with SEBI (sebi.gov.in), annual reports and earnings-call transcripts as published on BSE (bseindia.com) and NSE (nseindia.com). Links open the source's own hosting; nothing is re-hosted here.

Index membership

8 indices

Weight is BSE’s own published index weight. Indices without weight data are listed without one, in alphabetical order after the weighted ones.

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