Mahanagar Telephone Nigam Limited Stock Price Today (NSE: MTNL)
Mahanagar Telephone Nigam Limited
Fundamental Score
Mahanagar Telephone Nigam Limited Share Price — Live NSE/BSE Price, Fundamentals & Analysis
Mahanagar Telephone Nigam Limited share price today is ₹30.40, up +1.95% on NSE/BSE as of 19 June 2026. Mahanagar Telephone Nigam Limited (MTNL) is a Small-cap company in the Telecom - Cellular & Fixed line services sector with a market capitalisation of ₹2.40K (Cr). The 52-week high for MTNL share price is ₹N/A and the 52-week low is ₹21.26.
Mahanagar Telephone Nigam Limited Share Price Chart — NSE/BSE Historical Performance
Mahanagar Telephone Nigam Limited share price chart: -2.58% return over the past month. 52-week high ₹N/A, 52-week low ₹21.26.
Mahanagar Telephone Nigam Limited — Last 10 Trading Days
| Date | Open | High | Low | Close | Volume |
|---|---|---|---|---|---|
| ₹29.46 | ₹30.50 | ₹29.20 | ₹30.40 | 10.00L (Cr) | |
| ₹30.35 | ₹30.68 | ₹29.68 | ₹29.82 | 8.47L (Cr) | |
| ₹31.15 | ₹31.40 | ₹30.00 | ₹30.19 | 12.10L (Cr) | |
| ₹30.97 | ₹30.97 | ₹30.97 | ₹30.97 | 0.00 (Cr) | |
| ₹30.41 | ₹31.19 | ₹30.41 | ₹30.97 | 12.84L (Cr) | |
| ₹29.89 | ₹31.58 | ₹29.60 | ₹30.38 | 26.09L (Cr) | |
| ₹29.40 | ₹30.25 | ₹29.40 | ₹29.75 | 12.91L (Cr) | |
| ₹29.79 | ₹30.50 | ₹29.05 | ₹29.28 | 26.50L (Cr) | |
| ₹29.40 | ₹29.47 | ₹28.75 | ₹28.94 | 9.16L (Cr) | |
| ₹28.90 | ₹28.98 | ₹28.50 | ₹28.74 | 5.91L (Cr) |
Mahanagar Telephone Nigam Limited — Last 12 Months Price History
| Month | Open | High | Low | Close | Change |
|---|---|---|---|---|---|
| ₹30.35 | ₹30.68 | ₹29.20 | ₹30.40 | +0.16% | |
| ₹31.59 | ₹33.97 | ₹28.14 | ₹30.19 | -4.43% | |
| ₹22.50 | ₹0.00 | ₹0.00 | ₹31.18 | +38.58% | |
| ₹27.99 | ₹28.89 | ₹21.26 | ₹21.47 | -23.29% | |
| ₹32.11 | ₹34.48 | ₹29.05 | ₹29.74 | -7.38% | |
| ₹35.78 | ₹37.39 | ₹28.55 | ₹33.90 | -5.25% | |
| ₹38.32 | ₹39.58 | ₹34.00 | ₹36.00 | -6.05% | |
| ₹41.80 | ₹44.67 | ₹37.52 | ₹38.32 | -8.33% | |
| ₹43.07 | ₹44.47 | ₹40.97 | ₹41.72 | -3.13% | |
| ₹43.84 | ₹46.44 | ₹42.30 | ₹43.06 | -1.78% | |
| ₹45.70 | ₹48.19 | ₹42.03 | ₹43.62 | -4.55% | |
| ₹52.68 | ₹53.60 | ₹45.01 | ₹45.73 | -13.19% |
AI Research Briefing
Powered by Gemini · 2026-04-17
MTNL is a zombie PSU trading on bailout hopes, not business fundamentals.
WHAT'S HAPPENING NOW (last 2-4 weeks)
MTNL is facing significant financial headwinds. It defaulted on in payments to seven banks as of March 31, 2026. These defaults span from August 2024 to February 2025. The total financial indebtedness is MTNL also failed to fund the semi-annual interest payment for its Bond Series V due on April 12, 2026, citing insufficient funds. The government's sovereign guarantee will likely be invoked. TRAI fined MTNL for failing to meet service quality standards. Two independent directors completed their tenure on April 15, 2026.
CORE STORY (THE REAL GAME)
MTNL is a debt-laden PSU teetering on the edge, surviving on government support and asset sales. The market views it as a turnaround play dependent on government bailouts and asset monetization, not operational efficiency.
- Asset monetization continues, providing short-term liquidity
- Government support provides a floor, albeit a low one
- Telecom sector showing overall growth
- Unexpected government bailout
- Aggressive debt restructuring
- Successful turnaround in operational performance
- Massive debt and continuous defaults
- Negative shareholder equity
- Operational inefficiency and reliance on government support
FII reduced stake by 0.5% [cite: brief]. No significant change from DII or Promoters [cite: brief].
Overall telecom sector is growing, but MTNL is lagging behind.
Poor. Negative OPM and inconsistent cash flow [cite: brief].
MTNL's future hinges on government actions. Without a major intervention, the company faces a bleak outlook.
Primary Thesis Risk
Sovereign guarantee proves insufficient to cover MTNL's liabilities.
For educational purposes only. Not investment advice. Consult a SEBI-registered advisor before investing.
Returns & Performance
Return on Equity (ROE)
Profit generated per ₹1 of shareholder equity
Return on Capital (ROCE)
Returns generated on total capital deployed
Oper. Profit Margin (5Y Avg)
Average operating profit margin over 5 years
Dividend Yield
Annual dividend as % of current share price
Mahanagar Telephone Nigam Limited Valuation Check
Price to Earnings (P/E)
Share price ÷ earnings per share. Lower = cheaper
Industry Avg P/E
Average P/E of all peers in this sector
Market Capitalisation
Total market value of all outstanding shares
Growth Engine
Profit Growth (Quarterly YoY)
Net profit growth vs same quarter last year
Revenue Growth (Quarterly YoY)
Revenue growth vs same quarter last year
Revenue Growth (5-Year CAGR)
Compounded annual revenue growth over 5 years
EPS Growth (5-Year CAGR)
Earnings per share growth over 5 years
Net Profit Growth (5-Year CAGR)
Compounded annual net profit growth over 5 years
Balance Sheet Health
Debt to Equity Ratio
Total debt ÷ equity. Below 0.5 = financially healthy
Interest Coverage Ratio
EBIT ÷ interest expense. Above 2.5 = can pay interest comfortably
Free Cash Flow (5-Year Total)
Cash left after capex over 5 years. Positive = self-funded growth
Labels (e.g., "Excellent", "Good") are peer-based vs industry/sector averages — data-only, not advice
Mahanagar Telephone Nigam Limited Fundamental Analysis & Valuation Benchmarking
Educational evaluation of MTNL across key market metrics for learning purposes.
Positive Indicators
3 factors identified
Strong Cash Generation (₹747.85 Cr over 5Y)
Observation: Healthy free cash flow generation supports growth and returns.
Analysis: Strong FCF provides flexibility for dividends, debt reduction, and growth investments.
Balanced Promoter Holding (56.25%)
Observation: Optimal balance between promoter control and public float.
Analysis: Promoter holding in 50-75% range provides management alignment.
Zero Share Pledging Risk
Observation: No promoter shares pledged as collateral.
Analysis: Absence of share pledging eliminates potential forced-selling pressure.
Risk Factors
8 factors identified
Suboptimal ROCE (-6.76%)
Observation: Returns on capital employed are below expectations.
Analysis: ROCE <10% suggests potential inefficiencies in capital allocation.
Margin Pressure Concerns (-32.50%)
Observation: Operating margins are below industry standards.
Analysis: OPM <5% may indicate pricing pressures or cost management challenges.
Revenue Contraction (-28.83%)
Observation: Sales decline may indicate market challenges or competitive pressures.
Analysis: Negative revenue growth requires analysis of market conditions.
Limited Growth History (-15.53% CAGR)
Observation: Below-average 5-year sales growth trajectory.
Analysis: Low sales CAGR may indicate mature markets or limited growth opportunities.
Weak Earnings Growth (1.87% CAGR)
Observation: Below-average 5-year EPS growth performance.
Analysis: Low EPS growth may not keep pace with inflation.
Stagnant Profit Growth (1.87% CAGR)
Observation: Limited 5-year profit growth trajectory.
Analysis: Low profit growth may indicate scalability challenges or market maturity.
Weak Interest Coverage (-0.21x)
Observation: Limited ability to service debt obligations from earnings.
Analysis: Low interest coverage raises concerns about financial stability.
No Dividend Distribution
Observation: Company does not currently pay dividends to shareholders.
Analysis: Zero dividend yield may indicate growth reinvestment focus or cash flow constraints.
Mahanagar Telephone Nigam Limited vs Telecom - Cellular & Fixed line services Peers
Peer Comparison - Telecom - Cellular & Fixed line services
Compare Mahanagar Telephone Nigam Limited with 8 other companies in the same sector
| Company Info | Fundamental | Valuation | Profitability | Financial Health | Growth | Dividend | ||||
|---|---|---|---|---|---|---|---|---|---|---|
Company Company name | Score Bull Run comprehensive fundamental score based on 20+ metrics | Price Current trading price of the stock | Market Cap Total value of all shares in the market | P/E Price per share divided by earnings per share | ROE Net income divided by shareholder equity | ROCE Earnings before interest and tax divided by capital employed | Debt/Eq Total debt divided by total equity | Profit 5Y Average annual profit growth over 5 years | Sales 5Y Average annual sales growth over 5 years | Dividend Annual dividend per share divided by price per share |
14.1/100 | ₹30.40₹30 | ₹2397.78₹2397.78 | — — | — — | -6.76%Poor -6.76% Poor | — — | 1.87%Average 1.87% Average | -15.53%Poor -15.53% Poor | 0.00% | |
Bharti Airtel LtdBharti Airtel L... BHARTIARTL • 532454 | 63.2/100 | ₹1852.20₹1852 | ₹1.25M₹1.25M | 38.94Average 38.9 Average | 23.18%Excellent 23.18% Excellent | 13.48%Average 13.48% Average | 1.77Average 1.8 Average | 31.41%Excellent 31.41% Excellent | 14.59%Good 14.59% Good | 0.77% |
Vodafone Idea LtdVodafone Idea L... IDEA • 532822 | 40.4/100 | ₹14.18₹14 | ₹107476.72₹107476.72 | — — | — — | -1.93%Poor -1.93% Poor | — — | 6.41%Good 6.41% Good | -0.62%Poor -0.62% Poor | 0.00% |
Bharti Hexacom LtdBharti Hexacom ... BHARTIHEXA • 544162 | 66.3/100 | ₹1534.00₹1534 | ₹87531.53₹87531.53 | 54.54Average 54.5 Average | 25.15%Excellent 25.15% Excellent | 17.44%Good 17.44% Good | 1.06Average 1.1 Average | 35.17%Excellent 35.17% Excellent | 17.15%Excellent 17.15% Excellent | 0.57% |
Tata Communications LtdTata Communicat... TATACOMM • 500483 | 49.1/100 | ₹1966.60₹1967 | ₹52334.45₹52334.45 | 52.44Average 52.4 Average | 55.18%Excellent 55.18% Excellent | 14.79%Average 14.79% Average | 4.68Poor 4.7 Poor | 33.01%Excellent 33.01% Excellent | 6.25%Good 6.25% Good | 1.36% |
Tata Teleservices Maharashtra LtdTata Teleservic... TTML • 532371 | 28.8/100 | ₹43.07₹43 | ₹10216.50₹10216.50 | — — | — — | 50.32%Excellent 50.32% Excellent | — — | 0.34%Average 0.34% Average | 3.95%Average 3.95% Average | 0.00% |
Reliance Communications LtdReliance Commun... RCOM • 532712 | 9.8/100 | ₹0.90₹1 | ₹342.92₹342.92 | — — | — — | — — | — — | 11.35%Good 11.35% Good | -26.64%Poor -26.64% Poor | 0.00% |
Quadrant Televentures LtdQuadrant Televe... QUADRANT • 511116 | 14.4/100 | ₹0.34₹0 | ₹22.65₹22.65 | — — | — — | — — | — — | -5.47%Poor -5.47% Poor | -12.37%Poor -12.37% Poor | 0.00% |
City Online Services LtdCity Online Ser... CITYONLINE • 538674 | 16.1/100 | ₹6.40₹6 | ₹4.41₹4.41 | — — | — — | 38.34%Excellent 38.34% Excellent | — — | 15.28%Excellent 15.28% Excellent | -8.33%Poor -8.33% Poor | 0.00% |
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Mahanagar Telephone Nigam Limited Quarterly Performance
Latest quarterly metrics for MTNL — revenue growth and profit growth vs same quarter last year
Revenue Growth (YoY)
-28.83%
Latest quarter vs same quarter previous year
Net Profit Growth (YoY)
-7.85%
Latest quarter net profit vs same quarter previous year
5-Year Revenue CAGR
-15.53%
Compounded annual revenue growth over 5 years
5-Year Profit CAGR
1.87%
Compounded annual net profit growth over 5 years
Mahanagar Telephone Nigam Limited Technical Indicators
SMA 50, SMA 200, RSI and volume signals for MTNL — calculated from daily price history
Momentum is balanced — neither overbought nor oversold.
Technical indicators are for educational purposes only. Not investment advice.
Mahanagar Telephone Nigam Limited Financial Statements
Annual income statement, balance sheet and cash flow for Mahanagar Telephone Nigam Limited (MTNL) — sourced from NSE/BSE filings.
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About MTNL (Mahanagar Telephone Nigam Limited)
Mahanagar Telephone Nigam Limited is the pulse of connectivity for millions across India, a telecommunications titan straddling the realms of cellular and fixed-line services. Pict...ure a landscape where seamless communication is paramount, and MTNL stands as a steadfast provider, weaving its network across bustling urban centers and quieter suburban landscapes. This dynamic entity delivers more than just talk; it crafts a conduit for the modern world. From the familiar ring of a home phone bridging generations to the rapid-fire exchange of data on a smartphone, MTNL's infrastructure forms the bedrock of countless interactions, both personal and professional. Through innovation and an unwavering commitment to its customers, MTNL continues to be a vital player in the ever-evolving landscape of Indian telecommunications. MTNL offers a comprehensive suite of services, catering to diverse needs and preferences. Imagine the convenience of staying connected on the go with mobile services, effortlessly navigating busy streets while on a call. Envision the reliability of a fixed-line connection, the cornerstone of homes and businesses, ensuring uninterrupted communication. The organization also provides a gateway to the world wide web through robust internet services, fueling innovation, education, and entertainment. MTNL's dedication to innovation extends beyond basic connectivity, with offerings like international long-distance services bridging geographical divides and enabling global communication. Beyond its core offerings, MTNL embraces emerging technologies to provide cutting-edge solutions. They enable remote monitoring, ensure smooth operations and ICT solutions. These initiatives position MTNL as a forward-thinking entity, committed to driving progress in the telecommunications sector and serving the evolving needs of its customers in an increasingly interconnected world. MTNL remains a crucial player, shaping the future of communication and empowering individuals and businesses alike.
Company Details
Key Leadership
MTNL Share Price: Frequently Asked Questions
What is the current share price of Mahanagar Telephone Nigam Limited?
Mahanagar Telephone Nigam Limited (MTNL) trades at ₹30.40 on NSE and BSE. Market cap ₹2.40K (Cr). Educational data only.
What is the P/E ratio of Mahanagar Telephone Nigam Limited?
Mahanagar Telephone Nigam Limited has a P/E of N/Ax vs industry average 52.44x.
What is the Bull Run score for Mahanagar Telephone Nigam Limited?
Mahanagar Telephone Nigam Limited has a Bull Run score of 14.1/100 based on 25+ financial parameters.
Does Mahanagar Telephone Nigam Limited pay dividends?
Mahanagar Telephone Nigam Limited has a dividend yield of 0.00%. Past dividends don't guarantee future payments.
What is the ROE of Mahanagar Telephone Nigam Limited?
Mahanagar Telephone Nigam Limited has ROE of N/A. Higher ROE indicates better use of shareholder equity.
What is the debt-to-equity ratio of Mahanagar Telephone Nigam Limited?
Mahanagar Telephone Nigam Limited has debt-to-equity of N/A.
Is Mahanagar Telephone Nigam Limited a good investment?
Bull Run gives Mahanagar Telephone Nigam Limited a score of 14.1/100. This is not investment advice — consult a SEBI-registered advisor.