# Mahanagar Telephone Nigam (NSE: MTNL) share price, financials and shareholding

Source: https://app.pivotnow.in/stock/MTNL · Pivot · prices to 21 Oct 2026

Mahanagar Telephone Nigam (NSE: MTNL) closed at ₹22.26 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 50.2% 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

| Metric | Value |
| --- | --- |
| Last close | ₹22.26 |
| Market cap | ₹2,007 Cr |
| ROE | 0.0% (FY26) |
| ROCE | 2.0% (FY26) |
| Debt to equity | -1.18 |
| 52-week high | ₹44.67 (3 Nov 2025) |
| 52-week low | ₹21.26 (30 Mar 2026) |

## Quarterly results (₹ crore, consolidated)

| Quarter | Revenue | Revenue YoY | Net profit | Net profit YoY | EPS (₹) |
| --- | --- | --- | --- | --- | --- |
| Q4 FY26 | ₹371 Cr | +118.1% | −₹307 Cr | — | −₹4.87 |
| Q3 FY26 | ₹198 Cr | +16.1% | −₹898 Cr | — | −₹14.24 |
| Q2 FY26 | ₹190 Cr | +8.9% | −₹961 Cr | — | −₹15.24 |
| Q1 FY26 | ₹66 Cr | −64.2% | −₹944 Cr | — | −₹14.97 |
| Q4 FY25 | ₹170 Cr | −18.7% | −₹828 Cr | — | −₹13.14 |
| Q3 FY25 | ₹170 Cr | −11.5% | −₹836 Cr | — | −₹13.27 |
| Q2 FY25 | ₹174 Cr | −11.9% | −₹891 Cr | — | −₹14.13 |
| Q1 FY25 | ₹184 Cr | −7.8% | −₹774 Cr | — | −₹12.28 |

## Annual results (₹ crore)

| Fiscal year | Revenue | Net profit |
| --- | --- | --- |
| FY25 | ₹698 Cr | −₹3,330 Cr |
| FY24 | ₹799 Cr | −₹3,269 Cr |
| FY23 | ₹935 Cr | −₹2,916 Cr |
| FY22 | ₹1,149 Cr | −₹2,604 Cr |
| FY21 | ₹1,388 Cr | −₹2,462 Cr |
| FY20 | ₹1,624 Cr | −₹3,694 Cr |

## Shareholding (30 Jun 2026)

- Promoters: 56.25%
- Foreign institutions: 0.39%
- Domestic institutions: 13.43%
- Non-institutions: 29.92%

## Peers

| Company | Price | Market cap | P/E | ROE |
| --- | --- | --- | --- | --- |
| [COLAB](https://app.pivotnow.in/stock/COLAB) | — | ₹3,040 Cr | — | — |
| [Vindhya Telelinks](https://app.pivotnow.in/stock/VINDHYATEL) | — | ₹2,813 Cr | — | — |
| [Imagicaaworld Entertainment](https://app.pivotnow.in/stock/IMAGICAA) | — | ₹2,519 Cr | — | — |
| [Paramount Communications](https://app.pivotnow.in/stock/PARACABLES) | — | ₹2,229 Cr | — | — |
| [City Pulse](https://app.pivotnow.in/stock/CPML) | — | ₹2,097 Cr | — | — |
| [STL Networks](https://app.pivotnow.in/stock/STLNETWORK) | — | ₹1,376 Cr | — | — |

## Questions and answers

### What is the share price of Mahanagar Telephone Nigam today?

Mahanagar Telephone Nigam (NSE: MTNL) last closed at ₹22.26 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.

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Sources: NSE end-of-day bars (Pivot's market data store); Company filings via Moneycontrol; Exchange shareholding-pattern filings. This is analysis, not financial advice. Pivot is not a broker or a SEBI-registered investment adviser.