Mahanagar Telephone Nigam Limited Stock Price Today (NSE: MTNL)

Mahanagar Telephone Nigam Limited

27.81+0.12 (+0.43%)
Market Closed

Fundamental Score

...

Mahanagar Telephone Nigam Limited Share Price — Live NSE/BSE Price, Fundamentals & Analysis

Mahanagar Telephone Nigam Limited share price today is 27.81, up +0.43% on NSE/BSE as of 7 August 2026. Mahanagar Telephone Nigam Limited (MTNL) is a Small-cap company in the Telecom - Cellular & Fixed line services sector with a market capitalisation of 1.80K (Cr). The 52-week high for MTNL share price is 48.19 and the 52-week low is 21.26.

Mahanagar Telephone Nigam Limited Share Price Chart — NSE/BSE Historical Performance

No data
High
31.90
Low
26.27
Volume
11.2L
Change
-9.54%

Mahanagar Telephone Nigam Limited share price chart: -9.54% return over the past month. 52-week high ₹48.19, 52-week low ₹21.26.

Mahanagar Telephone Nigam Limited — Last 10 Trading Days

DateOpenHighLowCloseVolume
27.7827.9927.5327.813.59L (Cr)
27.8427.9127.6127.694.42L (Cr)
27.8628.3227.6027.705.17L (Cr)
28.1128.1327.6727.814.20L (Cr)
27.1628.6027.1628.1113.21L (Cr)
27.1027.3826.9327.036.21L (Cr)
27.3027.3026.9027.002.90L (Cr)
26.7827.3026.7827.204.18L (Cr)
27.2027.3226.6926.754.06L (Cr)
27.1127.5727.1027.174.03L (Cr)

Mahanagar Telephone Nigam Limited — Last 12 Months Price History

MonthOpenHighLowCloseChange
27.1628.6027.1627.81+2.39%
29.6831.9026.2727.03-8.93%
30.3533.2528.4029.54-2.67%
31.5933.9728.1430.19-4.43%
22.5034.4022.0731.18+38.58%
27.9928.8921.2621.47-23.29%
32.1134.4829.0529.74-7.38%
35.7837.3928.5533.90-5.25%
38.3239.5834.0036.00-6.05%
41.8044.6737.5238.32-8.33%
43.0744.4740.9741.72-3.13%
43.8446.4442.3043.06-1.78%

AI Research Briefing

Powered by Gemini · 2026-04-17

MTNL is a zombie PSU trading on bailout hopes, not business fundamentals.

Research Confidence
3.0/10Low
DEBT TRAP TURNAROUNDNegative. 1M: -8.8% | 3M: -13.48% | 6M: -27.32% [cite: brief]P/E is non-existent [cite: brief]. The company is loss-making.

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.

Why Now
  • Asset monetization continues, providing short-term liquidity
  • Government support provides a floor, albeit a low one
  • Telecom sector showing overall growth
Potential Catalysts
  • Unexpected government bailout
  • Aggressive debt restructuring
  • Successful turnaround in operational performance
Key Risks
  • Massive debt and continuous defaults
  • Negative shareholder equity
  • Operational inefficiency and reliance on government support
Institutional Activity

FII reduced stake by 0.5% [cite: brief]. No significant change from DII or Promoters [cite: brief].

Macro Context

Overall telecom sector is growing, but MTNL is lagging behind.

Cash Flow Quality

Poor. Negative OPM and inconsistent cash flow [cite: brief].

3–6 Month Outlook

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)

N/A

Profit generated per ₹1 of shareholder equity

Poor

Return on Capital (ROCE)

-2.25%

Returns generated on total capital deployed

Poor

Oper. Profit Margin (5Y Avg)

-40.37%

Average operating profit margin over 5 years

Dividend Yield

0.00%

Annual dividend as % of current share price

Mahanagar Telephone Nigam Limited Valuation Check

Price to Earnings (P/E)

N/A

Share price ÷ earnings per share. Lower = cheaper

Poor

Industry Avg P/E

46.65x

Average P/E of all peers in this sector

Market-cap Classification
Small-cap
Higher growth potential with higher volatility.

Shareholding Pattern

Excellent

Promoter Holding

56.25%

% shares held by company founders/management

Poor

FII Holding

0.39%

% shares held by foreign institutional investors

Good

DII Holding

13.43%

% held by domestic mutual funds, LIC, banks

Excellent

Promoter Pledged %

0.00%

% of promoter shares pledged as collateral — lower is safer

Growth Engine

Excellent

Profit Growth (Quarterly YoY)

62.92%

Net profit growth vs same quarter last year

Excellent

Revenue Growth (Quarterly YoY)

34.53%

Revenue growth vs same quarter last year

Poor

Revenue Growth (5-Year CAGR)

-7.17%

Compounded annual revenue growth over 5 years

Poor

EPS Growth (5-Year CAGR)

-5.99%

Earnings per share growth over 5 years

Poor

Net Profit Growth (5-Year CAGR)

-5.99%

Compounded annual net profit growth over 5 years

Balance Sheet Health

Debt to Equity Ratio

N/A

Total debt ÷ equity. Below 0.5 = financially healthy

Poor

Interest Coverage Ratio

-0.04x

EBIT ÷ interest expense. Above 2.5 = can pay interest comfortably

Free Cash Flow (5-Year Total)

1.64K (Cr)

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

5 factors identified

Robust Profit Growth (62.92%)

Observation: Strong year-over-year profit expansion demonstrates business momentum.

Analysis: Profit growth >20% indicates effective execution and market opportunity capture.

Strong Revenue Growth (34.53%)

Observation: Healthy sales growth indicates market demand and execution capability.

Analysis: Revenue growth >15% suggests strong market position and growth potential.

Strong Cash Generation (₹1642.39 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

7 factors identified

Suboptimal ROCE (-2.25%)

Observation: Returns on capital employed are below expectations.

Analysis: ROCE <10% suggests potential inefficiencies in capital allocation.

Margin Pressure Concerns (-40.37%)

Observation: Operating margins are below industry standards.

Analysis: OPM <5% may indicate pricing pressures or cost management challenges.

Limited Growth History (-7.17% CAGR)

Observation: Below-average 5-year sales growth trajectory.

Analysis: Low sales CAGR may indicate mature markets or limited growth opportunities.

Weak Earnings Growth (-5.99% CAGR)

Observation: Below-average 5-year EPS growth performance.

Analysis: Low EPS growth may not keep pace with inflation.

Stagnant Profit Growth (-5.99% CAGR)

Observation: Limited 5-year profit growth trajectory.

Analysis: Low profit growth may indicate scalability challenges or market maturity.

Weak Interest Coverage (-0.04x)

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

9 companies
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
33/100
28
₹1798.61
-2.25%
Poor
-5.99%
Poor
-7.17%
Poor
0.00%
58/100
1972
₹1.20M
45.0
Average
20.27%
Excellent
17.56%
Good
1.3
Average
22.10%
Excellent
15.96%
Excellent
1.25%
38.8/100
13
₹148104.93
-1.60%
Poor
0.21%
Average
1.36%
Average
0.00%
57.8/100
1608
₹82050.71
46.6
Average
26.86%
Excellent
21.82%
Excellent
0.9
Good
35.01%
Excellent
15.24%
Excellent
0.61%
35.3/100
1756
₹52923.49
50.2
Average
32.61%
Excellent
14.63%
Average
3.5
Poor
-3.67%
Poor
7.72%
Good
0.94%
37.9/100
40
₹7942.87
55.65%
Excellent
5.05%
Good
2.14%
Average
0.00%
11.5/100
1
₹237.84
14.23%
Good
-16.20%
Poor
0.00%
22.8/100
1
₹31.83
12.94%
Good
-13.35%
Poor
0.00%
13.5/100
8
₹4.31
-92.31%
Poor
11.13%
Good
-1.41%
Poor
0.00%

Mahanagar Telephone Nigam Limited Quarterly Performance

Latest quarterly metrics for MTNL — revenue growth and profit growth vs same quarter last year

Revenue Growth (YoY)

34.53%

Latest quarter vs same quarter previous year

Net Profit Growth (YoY)

62.92%

Latest quarter net profit vs same quarter previous year

5-Year Revenue CAGR

-7.17%

Compounded annual revenue growth over 5 years

5-Year Profit CAGR

-5.99%

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

28RSI 14
Oversold — RSI 28

Selling pressure is heavy — potential reversal zone.

SMA 50
30
▼ Price below SMA 50 — Short-term bearish
SMA 200
33
▼ Price below SMA 200 — Long-term downtrend
30-Day Avg Volume
1098K shares/day
Average daily traded volume over last 30 trading sessions

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.

Loading Financial Statements...

Fetching financial data for Mahanagar Telephone Nigam Limited

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

Symbol:MTNL
Industry:Telecom - Cellular & Fixed line services
Sector:Telecom - Cellular & Fixed line services

Key Leadership

Mr. A. Robert Jerard Ravi
Chairman & MD
Mr. Ratan Mani Sumit
Company Secretary & Compliance Officer
Mr. Rajiv Kumar
Director of Finance & Executive Director

MTNL Share Price: Frequently Asked Questions

What is the current share price of Mahanagar Telephone Nigam Limited?

Mahanagar Telephone Nigam Limited (MTNL) trades at ₹27.81 on NSE and BSE. Market cap ₹1.80K (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 46.65x.

What is the Bull Run score for Mahanagar Telephone Nigam Limited?

Mahanagar Telephone Nigam Limited has a Bull Run score of 33/100 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 33/100. This is not investment advice — consult a SEBI-registered advisor.