MTNL - Mahanagar Telephone Nigam Ltd. Share Price

Telecom - Services

₹43.84-0.13(-0.30%)

Market Closed as of Aug 8, 2025, 15:30 IST

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Valuation
Market Cap	3 kCr
Price/Earnings (Trailing)	-0.9
Price/Sales (Trailing)	2.17
EV/EBITDA	175.77
Price/Free Cashflow	9.86
MarketCap/EBT	-0.9
Enterprise Value	35.18 kCr

Fundamentals
Revenue (TTM)	1.38 kCr
Rev. Growth (Yr)	-6.6%
Earnings (TTM)	-3.33 kCr
Earnings Growth (Yr)	-5.6%

Profitability
Operating Margin	-242%
EBT Margin	-242%
Return on Equity	12.36%
Return on Assets	-32.54%
Free Cashflow Yield	10.15%

Price to Sales Ratio

Latest reported: 2

Revenue (Last 12 mths)

Latest reported: 1 kCr

Net Income (Last 12 mths)

Latest reported: -3 kCr

Growth & Returns
Price Change 1W	-5.1%
Price Change 1M	-10.4%
Price Change 6M	3.8%
Price Change 1Y	-48.6%
3Y Cumulative Return	28.6%
5Y Cumulative Return	37.7%
7Y Cumulative Return	17.3%
10Y Cumulative Return	9.4%

Cash Flow & Liquidity
Cash Flow from Investing (TTM)	-28.7 Cr
Cash Flow from Operations (TTM)	339.84 Cr
Cash Flow from Financing (TTM)	-215.45 Cr
Cash & Equivalents	180.76 Cr
Free Cash Flow (TTM)	304.07 Cr
Free Cash Flow/Share (TTM)	4.83

Balance Sheet
Total Assets	10.23 kCr
Total Liabilities	37.15 kCr
Shareholder Equity	-26.92 kCr
Current Assets	5.34 kCr
Current Liabilities	12.99 kCr
Net PPE	2.36 kCr
Inventory	5.94 Cr
Goodwill	0.00

Capital Structure & Leverage
Debt Ratio	3.17
Debt/Equity	-1.2
Interest Coverage	-2.14
Interest/Cashflow Ops	1.12

Dividend & Shareholder Returns
Dividend Yield	2%
Shares Dilution (1Y)	0.00%
Shares Dilution (3Y)	0.00%

Risk & Volatility
Max Drawdown	-76.3%
Drawdown Prob. (30d, 5Y)	93.46%
Risk Level (5Y)	59.5%

Pros

Smart Money: Smart money is taking extra interest in the stock as they increase their holdings.

Past Returns: Outperforming stock! In past three years, the stock has provided 28.6% return compared to 14.6% by NIFTY 50.

Dividend: Dividend paying stock. Dividend yield of 2%.

Buy Backs: Company has bought back it's stock in the past which is a good thing.

Cons

Balance Sheet: Caution! Weak Balance sheet.

Profitability: Poor Profitability. Recent profit margins are negative at -241%.

Momentum: Stock is suffering a negative price momentum. Stock is down -10.4% in last 30 days.

Technicals: SharesGuru indicator is Bearish.

The Good, Bad and Ugly

Growth

Profitability

Size

Dilution Rank

Balance Sheet

Momentum

Technicals

Smart Money

Insider Trading

Investor Care
Dividend Yield	2%
Shares Dilution (1Y)	0.00%
Earnings/Share (TTM)	-52.82

Financial Health
Current Ratio	0.41
Debt/Equity	-1.2

Technical Indicators
RSI (14d)	41
RSI (5d)	5.9
RSI (21d)	32.76
MACD Signal	Sell
Stochastic Oscillator Signal	Hold
Grufity Signal	Sell
RSI Signal	Hold
RSI5 Signal	Buy
RSI21 Signal	Hold
SMA 5 Signal	Sell
SMA 10 Signal	Sell
SMA 20 Signal	Sell
SMA 50 Signal	Sell
SMA 100 Signal	Sell

Summary of Latest Earnings Report from Mahanagar Telephone Nigam

Summary of Mahanagar Telephone Nigam's latest earnings call, featuring management's outlook on business performance, financial results, and analyst Q&A sessions that highlight key strategic initiatives and market challenges.

Earnings Outlook

Last updated:

Q&A Session

Last updated:

Revenue Breakdown

Analysis of Mahanagar Telephone Nigam's financial performance, highlighting revenue trends, growth patterns, and key metrics through quarterly analysis.

Revenue

Last Updated: Mar 31, 2025

Description	Share	Value
Basic & other Services	85.8%	145.9 Cr
Cellular	14.2%	24.2 Cr
Total		170.2 Cr

Share Holdings

Understand Mahanagar Telephone Nigam ownership landscape with insights into key distribution patterns, offering investors a clear view of stakeholder dynamics.

Holding Pattern

Major Shareholders

Share Holding Details

Shareholder Name	Holding %
President Of India	56.25%
Life Insurance Corporation Of India	13.12%

Overall Distribution

Distribution across major stakeholders

Ownership Distribution

Distribution across major institutional holders

Is Mahanagar Telephone Nigam Better than it's peers?

Detailed comparison of Mahanagar Telephone Nigam against industry peers, highlighting key financial metrics, valuation ratios, and performance indicators to provide competitive context within the sector.

Ticker	Name	Mkt Cap	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr

Sector Comparison: MTNL vs Telecom - Services

Comprehensive comparison against sector averages

Comparative Metrics

MTNL metrics compared to Telecom

Category	MTNL	Telecom
PE	-0.90	151.44
PS	2.17	5.09
Growth	0.4 %	10.2 %

Performance Comparison

MTNL vs Telecom (2021 - 2025)

Key Insights

1. MTNL is among the Top 10 Telecom - Services companies but not in Top 5.
2. The company holds a market share of 0.5% in Telecom - Services.
3. In last one year, the company has had a below average growth that other Telecom - Services companies.

Income Statement for Mahanagar Telephone Nigam

Consolidated figures (in Rs. Crores) / View Standalone Data

AnnualQuarterly

Description	(%) Q/Q	Mar-2025	Mar-2024	Mar-2023	Mar-2022	Mar-2021	Mar-2020
Revenue From Operations	-12.7%	698	799	935	1,149	1,388	1,624
Other Income	18.3%	680	575	613	629	485	693
Total Income	0.4%	1,379	1,373	1,548	1,778	1,873	2,317
Purchases of stock-in-trade	0.6%	4.63	4.61	6.47	0	5.21	2.49
Employee Expense	0.2%	575	574	549	559	417	2,128
Finance costs	8.5%	2,918	2,690	2,354	2,140	2,107	1,942
Depreciation and Amortization	-8.1%	612	666	730	772	893	986
Other expenses	-15.4%	599	708	825	903	911	951
Total Expenses	1.4%	4,709	4,643	4,465	4,379	4,333	6,009
Profit Before exceptional items and Tax	-1.9%	-3,330.13	-3,269.53	-2,916.85	-2,601.36	-2,460	-3,692.89
Total profit before tax	-1.9%	-3,330.13	-3,269.53	-2,916.85	-2,601.36	-2,460	-3,692.89
Current tax	4.4%	0.13	0.09	0.12	2.44	1.5	0.41
Deferred tax	-36.7%	-0.75	-0.28	-0.61	0.48	0.57	0.66
Total tax	-36.1%	-0.62	-0.19	-0.5	2.91	2.07	1.06
Total profit (loss) for period	-1.8%	-3,327.69	-3,267.52	-2,915.11	-2,603.13	-2,461.26	-3,693.72
Other comp. income net of taxes	17.2%	-15.7	-19.16	-0.35	-20.64	-1.15	-120.44
Total Comprehensive Income	-1.7%	-3,343.39	-3,286.68	-2,915.46	-2,623.76	-2,462.41	-3,814.16
Earnings Per Share, Basic	-1.8%	-52.82	-51.865	-46.272	-41.319	-39.068	-58.631
Earnings Per Share, Diluted	-1.8%	-52.82	-51.865	-46.272	-41.319	-39.068	-58.631
Debt equity ratio	2.4%	0.012	-0.0127	-0.0135	-0.0142	-0.013	-0.0124
Debt service coverage ratio	0.1%	006	001	002	008	-012	-068
Interest service coverage ratio	0%	007	003	007	014	-017	-09

Description	(%) Q/Q	Mar-2025	Dec-2024	Sep-2024	Jun-2024	Mar-2024	Dec-2023
Revenue From Operations	0%	170	170	174	184	209	192
Other Income	-5.4%	160	169	152	198	145	143
Total Income	-2.7%	330	339	327	382	354	335
Purchases of stock-in-trade	-92.3%	1.11	2.42	0.55	0.55	1.4	1.99
Employee Expense	12.1%	149	133	146	147	122	154
Finance costs	-1.7%	716	728	769	705	689	691
Depreciation and Amortization	0.7%	151	150	155	156	164	166
Other expenses	-13%	142	163	147	147	161	162
Total Expenses	-1.4%	1,159	1,176	1,218	1,156	1,137	1,175
Profit Before exceptional items and Tax	0.9%	-828.64	-836.32	-891.05	-774.12	-783.67	-839.69
Total profit before tax	0.9%	-828.64	-836.32	-891.05	-774.12	-783.67	-839.69
Current tax	-	0.13	0	0	0	0.09	0
Deferred tax	-	-0.75	0	0	0	-0.28	0
Total tax	-	-0.62	0	0	0	-0.19	0
Total profit (loss) for period	1%	-827.88	-836.07	-890.28	-773.46	-783.74	-839.03
Other comp. income net of taxes	158.5%	5.35	-6.43	-8.53	-6.09	-15.08	2.11
Total Comprehensive Income	2.4%	-822.53	-842.5	-898.81	-779.54	-798.82	-836.92
Earnings Per Share, Basic	0.9%	-13.14	-13.271	-14.13	-12.277	-12.44	-13.318
Earnings Per Share, Diluted	0.9%	-13.14	-13.271	-14.13	-12.277	-12.44	-13.318
Debt equity ratio	2.4%	0.012	-0.0122	-0.01	-0.0126	-0.0127	-0.013
Debt service coverage ratio	0%	005	006	0	009	003	001
Interest service coverage ratio	0%	005	006	0	012	01	003

Standalone figures (in Rs. Crores) / View Consolidated Data

AnnualQuarterly

Description	(%) Q/Q	Mar-2025	Mar-2024	Mar-2023	Mar-2022	Mar-2021	Mar-2020
Revenue From Operations	-13.6%	629	728	862	1,070	-	-
Other Income	18.4%	678	573	612	627	-	-
Total Income	0.5%	1,307	1,301	1,474	1,697	-	-
Purchases of stock-in-trade	-4.2%	0	0.04	0.26	0	-	-
Employee Expense	0%	570	570	545	555	-	-
Finance costs	8.5%	2,918	2,690	2,354	2,139	-	-
Depreciation and Amortization	-8.5%	600	656	717	759	-	-
Other expenses	-21.3%	542	688	769	846	-	-
Total Expenses	0.6%	4,631	4,604	4,385	4,299	-	-
Profit Before exceptional items and Tax	-0.6%	-3,323.51	-3,302.19	-2,910.74	-2,602.59	-	-
Total profit before tax	-0.6%	-3,323.51	-3,302.19	-2,910.74	-2,602.59	-	-
Total profit (loss) for period	-0.6%	-3,323.51	-3,302.19	-2,910.74	-2,602.59	-	-
Other comp. income net of taxes	-16.2%	-17.85	-15.22	-4.48	-13.98	-	-
Total Comprehensive Income	-0.7%	-3,341.36	-3,317.41	-2,915.22	-2,616.57	-	-
Earnings Per Share, Basic	-0.6%	-52.75	-52.416	-46.202	-41.311	-	-
Earnings Per Share, Diluted	-0.6%	-52.75	-52.416	-46.202	-41.311	-	-
Debt equity ratio	0.1%	-0.012	-0.0127	-0.0135	-0.0143	-	-
Debt service coverage ratio	0.1%	006	001	002	008	-	-
Interest service coverage ratio	0.1%	007	002	007	014	-	-

Description	(%) Q/Q	Mar-2025	Dec-2024	Sep-2024	Jun-2024	Mar-2024	Dec-2023
Revenue From Operations	2.7%	152	148	159	169	193	169
Other Income	-7.1%	158	170	152	198	145	142
Total Income	-2.2%	311	318	311	367	337	311
Purchases of stock-in-trade	-	0	0	0	0	0.02	0
Employee Expense	13.1%	148	131	145	146	121	152
Finance costs	-1.7%	716	728	769	705	689	691
Depreciation and Amortization	0.7%	148	147	152	154	162	163
Other expenses	-15%	126	148	133	134	183	147
Total Expenses	-1.4%	1,138	1,154	1,199	1,139	1,155	1,153
Profit Before exceptional items and Tax	1.1%	-827.22	-836.05	-888.41	-771.82	-817.59	-841.79
Total profit before tax	1.1%	-827.22	-836.05	-888.41	-771.82	-817.59	-841.79
Total profit (loss) for period	1.1%	-827.22	-836.05	-888.41	-771.82	-817.59	-841.79
Other comp. income net of taxes	105.7%	1.42	-6.42	-9.04	-3.81	-11.83	-1.13
Total Comprehensive Income	2%	-825.8	-842.48	-897.46	-775.62	-829.41	-842.92
Earnings Per Share, Basic	1%	-13.13	-13.271	-14.1	-12.251	-12.978	-13.362
Earnings Per Share, Diluted	1%	-13.13	-13.271	-14.1	-12.251	-12.978	-13.362
Debt equity ratio	0%	-0.012	-0.0122	-0.01	-0.0126	-0.0127	-0.013
Debt service coverage ratio	0%	005	005	0	009	001	0
Interest service coverage ratio	0%	005	005	0	012	005	002

Balance Sheet for Mahanagar Telephone Nigam

Consolidated figures (in Rs. Crores) / View Standalone Data

Description	(%) Q/Q	Mar-2025	Sep-2024	Mar-2024	Sep-2023	Mar-2023	Sep-2022
Cash and cash equivalents	328.6%	181	43	85	55	166	102
Loans, current	-72.6%	1.58	3.12	2.04	2.61	15	4.08
Total current financial assets	-2%	5,079	5,184	5,122	5,458	5,520	5,476
Inventories	-45.1%	5.94	10	5.78	6.17	5.05	6.47
Current tax assets	-13.6%	0	0.12	0.12	0.07	0.07	0
Total current assets	-2.4%	5,343	5,473	5,387	5,775	5,794	5,783
Property, plant and equipment	-2.6%	2,360	2,424	2,521	2,620	2,762	2,902
Capital work-in-progress	-60.8%	32	80	86	63	59	64
Investment property	-1.5%	66	67	68	69	68	69
Loans, non-current	54.2%	2.11	1.72	2.32	3.2	3.52	3.05
Total non-current financial assets	76.8%	503	285	270	276	212	186
Total non-current assets	-2.1%	4,873	4,979	5,326	5,580	5,850	6,165
Total assets	-	10,033	-	-	-	-	-
Total assets	-	10,226	-	-	-	-	-
Total assets	-2.2%	10,226	10,456	10,717	11,357	11,644	11,948
Borrowings, non-current	-0.2%	23,482	23,526	24,006	21,612	19,507	15,059
Total non-current financial liabilities	0.2%	23,703	23,663	24,151	21,782	19,713	15,295
Provisions, non-current	0.2%	402	401	385	391	379	373
Total non-current liabilities	0.1%	24,152	24,119	24,595	22,236	20,161	15,742
Borrowings, current	17.1%	8,886	7,587	6,022	7,456	8,667	12,525
Total current financial liabilities	9.4%	12,050	11,014	9,183	10,727	11,725	15,576
Provisions, current	20.3%	78	65	83	78	78	39
Current tax liabilities	-	0	0	0	0	0	0
Total current liabilities	11.8%	12,994	11,625	9,766	11,369	12,338	16,261
Total liabilities	-	37,068	-	-	-	-	-
Total liabilities	-	37,145	-	-	-	-	-
Total liabilities	3.9%	37,145	35,744	34,361	33,606	32,499	32,003
Equity share capital	0%	630	630	630	630	630	630
Total equity	-6.5%	-26,918.97	-25,287.59	-23,644.1	-22,248.37	-20,854.94	-20,054.88
Total equity and liabilities	-2.2%	10,226	10,456	10,717	11,357	11,644	11,948

Standalone figures (in Rs. Crores) / View Consolidated Data

Description	(%) Q/Q	Mar-2025	Sep-2024	Mar-2024	Sep-2023	Mar-2023	Sep-2022
Cash and cash equivalents	579.2%	164	25	61	42	147	86
Loans, current	-72.6%	1.58	3.12	2.04	2.61	15	4.08
Total current financial assets	-2.1%	5,017	5,123	5,058	5,399	5,456	5,411
Inventories	-53%	4.95	9.41	5.13	5.03	4.25	5.58
Current tax assets	-	0	0	0	295	0	0
Total current assets	-2.5%	5,270	5,405	5,308	5,699	5,716	5,709
Property, plant and equipment	-2.6%	2,293	2,354	2,463	2,562	2,698	2,832
Capital work-in-progress	-60.8%	32	80	86	63	59	64
Investment property	-1.7%	60	61	62	63	62	62
Non-current investments	0%	106	106	106	106	106	106
Loans, non-current	54.2%	2.11	1.72	2.32	3.2	3.52	3.05
Total non-current financial assets	55.9%	609	391	376	382	318	324
Total non-current assets	-2%	4,903	5,005	5,365	5,617	5,882	6,191
Total assets	-	9,991	-	-	-	-	-
Total assets	-	10,184	-	-	-	-	-
Total assets	-2.2%	10,184	10,413	10,677	11,354	11,635	11,936
Borrowings, non-current	-0.2%	23,482	23,526	24,006	21,612	19,507	15,059
Total non-current financial liabilities	0.2%	23,703	23,663	24,150	21,781	19,713	15,294
Provisions, non-current	0.2%	402	401	385	391	379	373
Total non-current liabilities	0.1%	24,146	24,112	24,589	22,229	20,154	15,734
Borrowings, current	17.1%	8,886	7,587	6,022	7,456	8,667	12,525
Total current financial liabilities	9.5%	12,031	10,992	9,169	10,714	11,711	15,559
Provisions, current	22.2%	78	64	83	77	77	39
Total current liabilities	11.8%	12,974	11,602	9,751	11,355	12,324	16,242
Total liabilities	-	37,043	-	-	-	-	-
Total liabilities	-	37,120	-	-	-	-	-
Total liabilities	3.9%	37,120	35,714	34,340	33,584	32,478	31,977
Equity share capital	0%	630	630	630	630	630	630
Total equity	-6.5%	-26,935.64	-25,301.02	-23,662.8	-22,230.47	-20,842.9	-20,040.96
Total equity and liabilities	-2.2%	10,184	10,413	10,677	11,354	11,635	11,936

Cash Flow for Mahanagar Telephone Nigam

Consolidated figures (in Rs. Crores) / View Standalone Data

Description	(%) Q/Q	Mar-2025	Mar-2024	Mar-2023	Mar-2022	Mar-2021	Mar-2020
Finance costs	8.5%	2,918	2,690	2,354	2,140	-	-
Change in inventories	74.9%	-0.41	-4.62	1.21	-15	-	-
Depreciation	-8.1%	612	666	730	772	-	-
Adjustments for interest income	15.8%	23	20	11	0	-	-
Net Cashflows from Operations	54.8%	241	156	77	837	-	-
Interest received	-	0	0	0	-83.79	-	-
Income taxes paid (refund)	-499.5%	-98.88	26	13	49	-	-
Net Cashflows From Operating Activities	162.8%	340	130	64	704	-	-
Purchase of property, plant and equipment	-51.4%	36	73	44	13	-	-
Dividends received	91.9%	1.71	1.37	1.25	1.25	-	-
Interest received	-28.6%	11	15	6.97	72	-	-
Other inflows (outflows) of cash	-104.2%	-5.79	164	-138.35	144	-	-
Net Cashflows From Investing Activities	-128%	-28.7	107	-173.8	204	-	-
Proceeds from issuing debt	-100%	0	6,661	10,903	0	-	-
Proceeds from borrowings	-	2,507	0	3,650	3,945	-	-
Repayments of borrowings	-94.2%	258	4,438	12,296	2,692	-	-
Payments of lease liabilities	-25%	49	65	78	0	-	-
Interest paid	-2.5%	2,415	2,477	2,002	2,111	-	-
Net Cashflows from Financing Activities	32.3%	-215.45	-318.79	177	-936.04	-	-
Net change in cash and cash eq.	215.4%	96	-81.32	67	-27.82	-	-

Standalone figures (in Rs. Crores) / View Consolidated Data

Finance costs	8.5%
Change in inventories	81%
Depreciation	-8.5%
Impairment loss / reversal	-102.9%
Dividend income	68.6%
Adjustments for interest income	16.7%
Net Cashflows from Operations	41.4%
Dividends received	-
Interest received	-
Income taxes paid (refund)	-516.3%
Net Cashflows From Operating Activities	143.2%
Purchase of property, plant and equipment	-77.9%
Dividends received	68.6%
Interest received	-28%
Other inflows (outflows) of cash	-100.7%
Net Cashflows From Investing Activities	-105.4%
Proceeds from issuing debt	-100%
Proceeds from borrowings	-
Repayments of borrowings	-94.2%
Payments of lease liabilities	-25%
Interest paid	-2.5%
Net Cashflows from Financing Activities	32.4%
Net change in cash and cash eq.	217.7%

What does Mahanagar Telephone Nigam Ltd. do?

Telecom - Cellular & Fixed line services•Telecommunication•Small Cap

Mahanagar Telephone Nigam Limited, together with its subsidiaries, provides telecommunication services in India and Mauritius. The company operates through Basic and Other Services; and Cellular Services segments. It also offers mobile, voice, roaming, and internet services; and international long distance services. In addition, the company provides cloud and managed services; and remote monitoring, and end-to-end ICT solution services. Further, it offers Wi-Fi, infrastructure sharing, web hosting, emergency communication, and cloud computing services, as well as operates data centre, outsourcing application, and skill development programme. Mahanagar Telephone Nigam Limited was incorporated in 1986 and is headquartered in New Delhi, India.

Industry Group:Telecom - Services

Employees:3,309

Website:www.mtnl.net.in

MTNL - Mahanagar Telephone Nigam Ltd. Share Price

Valuation

Fundamentals

Profitability

Price to Sales Ratio

Revenue (Last 12 mths)

Net Income (Last 12 mths)

Growth & Returns

Cash Flow & Liquidity

Balance Sheet

Capital Structure & Leverage

Dividend & Shareholder Returns

Risk & Volatility

Investor Care

Financial Health

Technical Indicators

Share Holdings

Holding Pattern

Share Holding Details

Overall Distribution

Ownership Distribution

What does Mahanagar Telephone Nigam Ltd. do?