Mahanagar Telephone Nigam Ltd

AI
M T N L Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents
AI

Mahanagar Telephone Nigam Ltd

₹ 24.6 -0.24%
15 Sep 10:01 a.m.
mtnl.net.in BSE: 500108 NSE: MTNL
About

Mahanagar Telephone Nigam Ltd is a Government of India-controlled telecom and infrastructure-asset company serving Delhi and Mumbai through landline, broadband/FTTH, mobile, leased-line and enterprise services.[1][2]

Key Points

BSNL Operating Model:[1]

BSNL has operated MTNL’s entire Delhi
and Mumbai telecom business since January 2025, including network maintenance, capex, billing and collection for migrated customers. MTNL recognised ₹34 crore of revenue share
from this arrangement in Q1 FY27.

Website BSE NSE
  • Market Cap ₹ 1,553 Cr.
  • Current Price ₹ 24.6
  • High / Low ₹ 46.4 / 20.3
  • Stock P/E
  • Book Value ₹ -476
  • Dividend Yield 0.00 %
  • ROCE -9.32 %
  • ROE %
  • Face Value ₹ 10.0
Edit ratios

Pros

  • Debtor days have improved from 180 to 126 days.

Cons

  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of -7.17% over past five years.
  • Contingent liabilities of Rs.15,914 Cr.
  • Earnings include an other income of Rs.640 Cr.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Peer comparison

Telecommunication Telecommunication Telecom - Services Telecom - Cellular & Fixed line services

Part of BSE 1000 BSE Telecommunication BSE CPSE

Edit Columns
Loading peers table ...

Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026 Jun 2026
199 198 192 209 184 267 261 275 172 190 211 371 217
354 331 318 284 295 294 298 292 251 298 238 311 250
Operating Profit -154 -133 -126 -75 -111 -27 -37 -16 -79 -108 -28 60 -33
OPM % -77% -67% -65% -36% -60% -10% -14% -6% -46% -57% -13% 16% -15%
113 175 144 145 199 61 78 55 35 32 21 511 75
Interest 645 665 691 689 705 769 728 716 754 742 749 738 748
Depreciation 166 170 166 164 156 155 150 151 145 142 142 139 137
Profit before tax -852 -793 -839 -784 -773 -890 -836 -828 -943 -960 -897 -307 -842
Tax % 0% 0% 0% -0% 0% 0% 0% -0% 0% 0% 0% 0% 0%
-852 -793 -839 -784 -773 -890 -836 -828 -943 -960 -897 -307 -842
EPS in Rs -13.52 -12.58 -13.32 -12.44 -12.28 -14.13 -13.27 -13.14 -14.97 -15.24 -14.24 -4.87 -13.37
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026 TTM
3,494 3,223 2,969 2,472 2,085 1,624 1,388 1,149 935 799 1,130 956 988
4,237 4,013 4,027 3,617 3,386 3,070 1,313 1,453 1,369 1,280 1,141 1,086 1,097
Operating Profit -743 -790 -1,058 -1,145 -1,300 -1,447 75 -304 -434 -482 -11 -129 -109
OPM % -21% -24% -36% -46% -62% -89% 5% -26% -46% -60% -1.0% -14% -11%
443 882 680 734 619 691 476 623 612 575 223 586 640
Interest 1,440 1,351 1,448 1,505 1,703 1,951 2,117 2,147 2,364 2,694 2,928 2,995 2,976
Depreciation 1,158 1,178 1,113 1,054 1,002 986 893 772 730 666 612 568 561
Profit before tax -2,898 -2,437 -2,940 -2,970 -3,387 -3,693 -2,459 -2,600 -2,916 -3,268 -3,328 -3,107 -3,006
Tax % 0% -20% -0% 0% 0% 0% 0% 0% -0% -0% -0% 0%
-2,901 -1,946 -2,936 -2,971 -3,388 -3,694 -2,461 -2,603 -2,915 -3,268 -3,328 -3,107 -3,006
EPS in Rs -46.05 -30.89 -46.60 -47.16 -53.78 -58.63 -39.07 -41.32 -46.27 -51.87 -52.82 -49.32 -47.72
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% -0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: -11%
5 Years: -7%
3 Years: 1%
TTM: 1%
Compounded Profit Growth
10 Years: -15%
5 Years: -11%
3 Years: -7%
TTM: 14%
Stock Price CAGR
10 Years: 2%
5 Years: 5%
3 Years: -4%
1 Year: -45%
Return on Equity
10 Years: %
5 Years: %
3 Years: %
Last Year: %

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Equity Capital 630 630 630 630 630 630 630 630 630 630 630 630
Reserves 1,429 -1,035 -4,004 -6,962 -10,358 -14,212 -16,675 -19,298 -21,485 -24,274 -27,549 -30,590
16,608 13,441 15,201 17,019 19,737 23,291 25,600 26,820 28,351 30,141 32,655 35,445
8,271 5,639 5,882 5,611 4,711 6,997 3,844 4,191 4,176 4,248 4,517 4,616
Total Liabilities 26,938 18,675 17,709 16,298 14,720 16,706 13,400 12,342 11,672 10,745 10,253 10,101
10,570 9,575 8,759 8,164 7,466 6,889 6,253 5,618 4,967 4,333 3,808 3,138
CWIP 134 137 291 331 320 328 184 74 59 86 32 13
Investments 40 43 4 4 4 4 3 3 3 4 4 5
16,194 8,920 8,654 7,799 6,930 9,486 6,960 6,647 6,642 6,323 6,409 6,946
Total Assets 26,938 18,675 17,709 16,298 14,720 16,706 13,400 12,342 11,672 10,745 10,253 10,101

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
-1,167 1,078 -1,024 155 -733 -1,206 -225 704 64 130 340 176
-107 -37 -30 -492 -297 -43 -259 204 -174 107 -29 -201
1,110 -957 984 345 1,044 1,326 414 -936 177 -319 -215 -19
Net Cash Flow -164 85 -71 7 14 77 -70 -28 67 -81 96 -43
Free Cash Flow -1,295 779 -1,441 -357 -1,043 -1,348 -324 691 20 57 304 570
CFO/OP 106% -78% 113% -19% 56% 84% -553% -248% -18% -32% -2,159% -131%

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Debtor Days 31 56 60 63 107 141 203 213 229 234 181 126
Inventory Days
Days Payable
Cash Conversion Cycle 31 56 60 63 107 141 203 213 229 234 181 126
Working Capital Days -835 -906 -707 -613 -1,038 -1,930 -1,218 -2,518 -2,681 -1,995 -2,531 -4,288
ROCE % -8% -7% -12% -13% -16% -18% -3% -5% -7% -8% -7% -9%

Insights

In beta
Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Broadband Subscribers
subscribers ・Standalone data

Log in to view insights

Please log in to see hidden values.

Login
FTTH Subscribers
subscribers ・Standalone data
Landline Subscribers
subscribers ・Standalone data
Leased Circuits
number ・Standalone data
Mobile (GSM) Subscribers
subscribers ・Standalone data
Number of Switches
number ・Standalone data
Optical Fibre Cable (Route Kms)
Route Kms ・Standalone data
Total Active Connections (DELs)
subscribers ・Standalone data

Extracted by Screener AI

Shareholding Pattern

Numbers in percentages

Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
56.82% 56.25% 56.25% 56.25% 56.25% 56.25% 56.25% 56.25% 56.25% 56.25% 56.25% 56.25%
0.40% 0.47% 0.55% 0.38% 0.06% 0.09% 0.14% 0.54% 0.04% 0.05% 0.50% 0.40%
13.88% 13.75% 13.63% 13.63% 13.47% 13.49% 13.46% 13.46% 13.46% 13.43% 13.43% 13.43%
28.90% 29.54% 29.56% 29.73% 30.22% 30.16% 30.15% 29.76% 30.25% 30.27% 29.82% 29.92%
No. of Shareholders 1,82,1711,78,1991,94,9741,92,0494,66,1184,41,6294,37,4244,14,3954,00,2623,87,1973,74,9443,66,221

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents

Announcements

Annual reports

Credit ratings