Mahanagar Telephone Nigam share price
NSE: MTNLTelecomTelecom Services
Mahanagar Telephone Nigam at a glance
Mahanagar Telephone Nigam (NSE: MTNL) closed at ₹22.55 on 21 Oct 2026. With a market capitalisation of ₹2,007 Cr, it ranks 1106th by market cap among the 3,928 NSE companies Pivot tracks (a small-cap company by SEBI's rank bands). It belongs to the Telecom sector; its industry is Telecom Services.
Its return on equity was 0.0% in FY26. Its 52-week range is ₹21.26 (30 Mar 2026) to ₹44.67 (3 Nov 2025); the last close is 49.5% below the high. In Q4 FY26, the quarter ended 31 Mar 2026, revenue was ₹371 Cr (+118.1% year on year) and net profit −₹307 Cr, on a consolidated basis. Promoters held 56.25% of the company as of 30 Jun 2026.
Key numbers
- Market cap
- ₹2,007 CrRank 1106 on NSE
- Price to book
- -0.05×FY26
- EPS (TTM)
- −₹49.32to Q4 FY26
- ROE
- 0.0%FY26
- ROCE
- 2.0%FY26
- Debt to equity
- -1.18FY26
- Net profit margin
- −325.0%FY26
- Book value / share
- −₹475.55FY26
- 52-week high
- ₹44.673 Nov 2025
- 52-week low
- ₹21.2630 Mar 2026
Returns to —
| Period | 1 day | 1 week | 1 month | 3 months | 1 year |
|---|---|---|---|---|---|
| Price change | — | — | — | — | — |
Mahanagar Telephone Nigam quarterly results
| Quarter | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | ₹184 Cr | ₹174 Cr | ₹170 Cr | ₹170 Cr | ₹66 Cr | ₹190 Cr | ₹198 Cr | ₹371 Cr |
| Revenue YoY | −7.8% | −11.9% | −11.5% | −18.7% | −64.2% | +8.9% | +16.1% | +118.1% |
| Net profit | −₹774 Cr | −₹891 Cr | −₹836 Cr | −₹828 Cr | −₹944 Cr | −₹961 Cr | −₹898 Cr | −₹307 Cr |
| Net profit YoY | — | — | — | — | — | — | — | — |
| Net margin | −421.1% | −511.4% | −491.8% | −487.4% | −1,435.4% | −506.3% | −454.6% | −82.7% |
| EPS | −₹12.28 | −₹14.13 | −₹13.27 | −₹13.14 | −₹14.97 | −₹15.24 | −₹14.24 | −₹4.87 |
Mahanagar Telephone Nigam financials
| Item | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| Revenue | ₹1,388 Cr | ₹1,149 Cr | ₹935 Cr | ₹799 Cr | ₹698 Cr | — |
| Operating profit | −₹2,460 Cr | −₹2,601 Cr | −₹2,917 Cr | −₹3,270 Cr | −₹3,330 Cr | — |
| Net profit | −₹2,462 Cr | −₹2,604 Cr | −₹2,916 Cr | −₹3,269 Cr | −₹3,330 Cr | — |
| EPS (₹) | −₹39.00 | −₹41.00 | −₹46.00 | −₹52.00 | −₹53.00 | — |
| Cash from operations | −₹225 Cr | ₹704 Cr | ₹64 Cr | ₹130 Cr | ₹340 Cr | — |
| Total debt | ₹18,172 Cr | ₹16,566 Cr | ₹19,507 Cr | ₹24,006 Cr | ₹23,482 Cr | ₹23,181 Cr |
| Shareholders' equity | −₹16,045 Cr | −₹18,668 Cr | −₹20,855 Cr | −₹23,644 Cr | −₹26,919 Cr | −₹29,960 Cr |
Mahanagar Telephone Nigam shareholding pattern
| Holder | 31 Mar 2025 | 30 Jun 2025 | 30 Sep 2025 | 31 Dec 2025 | 31 Mar 2026 | 30 Jun 2026 |
|---|---|---|---|---|---|---|
| Promoters | 56.25% | 56.25% | 56.25% | 56.25% | 56.25% | 56.25% |
| Foreign institutions | 0.14% | 0.54% | 0.04% | 0.05% | 0.51% | 0.39% |
| Domestic institutions | 13.45% | 13.45% | 13.45% | 13.43% | 13.43% | 13.43% |
| Non-institutions | 30.16% | 29.75% | 30.26% | 30.27% | 29.81% | 29.92% |
Mahanagar Telephone Nigam vs peers
The listed Telecom companies nearest to Mahanagar Telephone Nigam by market capitalisation.
| Company | Price | 1 day | 1 year | Market cap | P/E | ROE |
|---|---|---|---|---|---|---|
| COLABCOLAB | — | — | — | ₹3,040 Cr | — | — |
| VINDHYATELVindhya Telelinks | — | — | — | ₹2,813 Cr | — | — |
| IMAGICAAImagicaaworld Entertainment | — | — | — | ₹2,519 Cr | — | — |
| PARACABLESParamount Communications | — | — | — | ₹2,229 Cr | — | — |
| CPMLCity Pulse | — | — | — | ₹2,097 Cr | — | — |
| MTNLMahanagar Telephone Nigam | — | — | — | ₹2,007 Cr | — | — |
| STLNETWORKSTL Networks | — | — | — | ₹1,376 Cr | — | — |
Ask anything about Mahanagar Telephone Nigam
Pivot answers on the live chart with evidence you can check, and tests strategies against MTNL's own history. Try: “Why has MTNL moved over the last three months?” · “Backtest a 50-day moving-average crossover on MTNL over five years” · “Compare MTNL with COLAB on margins and valuation”
Frequently asked questions about Mahanagar Telephone Nigam
What is the share price of Mahanagar Telephone Nigam today?
Mahanagar Telephone Nigam (NSE: MTNL) last closed at ₹22.55 on 21 Oct 2026. Its 52-week high is ₹44.67 and its 52-week low is ₹21.26.
What is the market cap of Mahanagar Telephone Nigam?
Mahanagar Telephone Nigam's market capitalisation is ₹2,007 Cr (₹2,007 Cr) at the — close, ranking 1106th among the NSE companies Pivot tracks.
What is the ROE and ROCE of Mahanagar Telephone Nigam?
Return on equity was 0.0% in FY26 and return on capital employed was 2.0% in FY26 (consolidated figures).
Is Mahanagar Telephone Nigam a debt-free company?
Mahanagar Telephone Nigam is close to debt-free: its debt-to-equity ratio was -1.18 in FY26.
What were Mahanagar Telephone Nigam's latest quarterly results?
For Q4 FY26 (quarter ended 31 Mar 2026), Mahanagar Telephone Nigam reported revenue of ₹371 Cr, +118.1% year on year, and net profit of −₹307 Cr.
What is the shareholding pattern of Mahanagar Telephone Nigam?
As of 30 Jun 2026: promoters 56.25%, foreign institutions 0.39%, domestic institutions 13.43%, non-institutions 29.92%.
Who are Mahanagar Telephone Nigam's competitors?
The listed Telecom companies closest to Mahanagar Telephone Nigam by market cap are COLAB, Vindhya Telelinks, Imagicaaworld Entertainment, Paramount Communications, City Pulse and STL Networks.
Is Mahanagar Telephone Nigam a good stock to buy?
Pivot does not give buy or sell recommendations. This page sets out Mahanagar Telephone Nigam's price history, valuation, profitability, quarterly results and ownership so you can judge it yourself, and Pivot's chart lets you test a strategy on MTNL against its own history before risking money. This is analysis, not financial advice.
Sources and method
Prices: NSE daily closes to 21 Oct 2026. Fundamentals: company filings via Moneycontrol, consolidated where available. Shareholding: exchange shareholding-pattern filings. The 52-week range uses intraday highs and lows; the chart marks closing prices. P/E is the last close over trailing twelve-month EPS. Market-cap rank is among the 3,928 NSE companies Pivot tracks; SEBI's bands call the top 100 large-cap and the next 150 mid-cap. Figures marked “—” are not available rather than zero. This is analysis, not financial advice.
More: all Telecom stocks · companies starting with M · all NSE stocks · this page as text