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MTNL

Mahanagar Telephone Nigam Share Price

Live price, chart and which mutual funds hold this stock

TopFund Score: 34/100 · Weak See breakdown ↓
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Day Open

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Day High

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Day Low

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NSE Close — 25 Sep 2026

₹23.61

Change

-0.2 (-0.84%)

Open

₹23.99

Prev. Close

₹23.81

Day High

₹23.99

Day Low

₹23.57

Volume Analysis

Traded

400,259

Delivered

179,354

Delivery %

44.81%

End-of-day NSE price via the official Bhavcopy — updated once daily after market close, not a live tick.

Strengths, Weaknesses, Opportunities & Threats

Strengths (0)

No signal for this stock

Weaknesses (3)

  • •Promoter holding is falling
  • •Below-average fundamentals quality score (34/100)
  • •Low operating margin (-11.0%)

Opportunities (0)

No signal for this stock

Threats (0)

No signal for this stock

Rule-based signals from the fundamentals below — not investment advice.

Pivot Levels

Type R3 R2 R1 Pivot S1 S2 S3
Classic ₹24.29 ₹24.14 ₹23.87 ₹23.72 ₹23.45 ₹23.3 ₹23.03
Fibonacci ₹24.14 ₹23.98 ₹23.88 ₹23.72 ₹23.56 ₹23.46 ₹23.3
Camarilla ₹23.73 ₹23.69 ₹23.65 ₹23.72 ₹23.57 ₹23.53 ₹23.49

Support/resistance levels for today, calculated from the previous trading day's high/low/close.

Absolute Returns

YTD

-35.32%

1 Week

-0.17%

1 Month

-13.36%

3 Months

-20.07%

6 Months

-2.07%

1 Year

-44.77%

2Y/3Y/5Y not shown yet — price history tracking only goes back to mid-2025 so far.

Stock Vitals

Computed from the latest available annual financials.

DuPont ROE Breakdown

9.31%

Net margin -304.25% × asset turnover 0.09x × equity multiplier -0.34x

Company Overview

Sector

Telecommunication

Market Cap

₹1,486 Cr

Book Value

₹-476.0

Face Value

₹10.0

Source: Screener.in (Consolidated figures) — data as of 25 Sep 2026. Not investment advice.

TopFund Analysis

Mahanagar Telephone Nigam scores weakly on TopFund's composite fundamentals check within the Telecommunication sector, at 34/100. The strongest factor is Financial Strength (100/100), while Valuation (0/100) is the weakest area to weigh before deciding. Notably: Promoter holding is falling; below-average fundamentals quality score (34/100).

TopFund Score — Fundamentals Quality

34/100 — Weak

Data confidence: 74/100 (Moderate Confidence) — based on how complete and how fresh the underlying data is.

As of 27 Sep 2026 · How we calculate this →

Financial Strength

100

Growth

2

Valuation

0

Cash Flow

63

Corporate Governance

43

Momentum

14

Institutional Ownership

39

Business Quality

25

Risk & Volatility

26

Liquidity

26

From Screener.in

  • +Debtor days have improved from 180 to 126 days.
  • −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.

Not investment advice — an automated read of public fundamentals data, for research context only.

Corporate Actions

COMPLIANCE OF REGULATION 30 & 51 OF SEBI (LODR) REGULATIONS, 2015- DISCLOSURE OF EVENTS OR INFORMATION - DISCLOSURE OF IMPOSITION OF FINES OR PENALTIES BY TRAI 25 Sep

TRAI imposed Rs. 15 lakh penalty on MTNL for QoS contravention in broadband wireline, quarter ended March 2026.

: COMPLIANCE OF REGULATION 30 & 51 OF SEBI (LODR) REGULATIONS, 2015- DISCLOSURE OF EVENTS OR INFORMATION - DISCLOSURE OF IMPOSITION OF FINES OR PENALTIES BY TRAI 21 Sep

TRAI imposed Rs 14 lakh disincentive on MTNL for QoS violation in quarter ended December 2025.

COMPLIANCE OF REGULATION 30 & 51 OF SEBI (LODR) REGULATIONS, 2015- DISCLOSURE OF EVENTS OR INFORMATION - DISCLOSURE OF IMPOSITION OF FINES OR PENALTIES BY TRAI 16 Sep

TRAI imposed penalties of Rs 11 lakh and Rs 5.7 lakh for wireline QoS violations; received September 15, 2026.

Announcement under Regulation 30 (LODR)-Change in Management 15 Sep

Ms. Kiran Dubey ceased as CGM on 14 Sep 2026; Rajeev Narang given additional charge.

Disclosures By Listed Entities Of Defaults On Payment Of Interest/ Repayment Of Principal Amount For Loans Including Revolving Facilities Like Cash Credit From Banks / Financial Institutions 14 Sep

MTNL defaulted on principal and interest to seven banks; total overdue amount Rs 9,654.25 crore as on 31.08.2026.

Source: BSE regulatory filings, via Screener.in.

Quarterly Results

Last several quarters

  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
Sales + 199 198 192 209 184 267 261 275 172 190 211 371 217
Expenses + 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 % -77.0% -67.0% -65.0% -36.0% -60.0% -10.0% -14.0% -6.0% -46.0% -57.0% -13.0% 16.0% -15.0%
Other Income + 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% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0%
Net Profit + -852 -793 -839 -784 -773 -890 -836 -828 -943 -960 -897 -307 -842
EPS in Rs -14 -13 -13 -12 -12 -14 -13 -13 -15 -15 -14 -5 -13
Raw PDF — — — — — — — — — — — — —

Source: Screener.in — figures in ₹ Crores unless marked %.

Profit & Loss (Yearly)

  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
Sales + 3,494 3,223 2,969 2,472 2,085 1,624 1,388 1,149 935 799 1,130 956 988
Expenses + 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 % -21.0% -24.0% -36.0% -46.0% -62.0% -89.0% 5.0% -26.0% -46.0% -60.0% -1.0% -14.0% -11.0%
Other Income + 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 % 0.0% -20.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% —
Net Profit + -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 -31 -47 -47 -54 -59 -39 -41 -46 -52 -53 -49 -48
Dividend Payout % 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% —

Source: Screener.in — figures in ₹ Crores unless marked %.

Balance Sheet

  Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
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
Borrowings + 16,608 13,441 15,201 17,019 19,737 23,291 25,600 26,820 28,351 30,141 32,655 35,445
Other Liabilities + 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
Fixed Assets + 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
Other Assets + 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
Equity Capital 630 630 630 630 630 630 630 630 630 630 630 630

Source: Screener.in — figures in ₹ Crores unless marked %.

Cash Flow

  Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Cash from Operating Activity + -1,167 1,078 -1,024 155 -733 -1,206 -225 704 64 130 340 176
Cash from Investing Activity + -107 -37 -30 -492 -297 -43 -259 204 -174 107 -29 -201
Cash from Financing Activity + 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
CFO/OP 106 -78 113 -19 56 84 -553 -248 -18 -32 -2,159 -131
Free Cash Flow -1,295 779 -1,441 -357 -1,043 -1,348 -324 691 20 57 304 570

Source: Screener.in — figures in ₹ Crores unless marked %.

Shareholding Pattern

Quarter-by-quarter — Promoters, FII, DII & public holding trend

Promoter holding: 56.82% → 56.25%
  Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026 Jun 2026
Public 28.9% 29.54% 29.56% 29.73% 30.22% 30.16% 30.15% 29.76% 30.25% 30.27% 29.82% 29.92%
Promoters 56.82% 56.25% 56.25% 56.25% 56.25% 56.25% 56.25% 56.25% 56.25% 56.25% 56.25% 56.25%
FII 0.4% 0.47% 0.55% 0.38% 0.06% 0.09% 0.14% 0.54% 0.04% 0.05% 0.5% 0.4%
DII 13.88% 13.75% 13.63% 13.63% 13.47% 13.49% 13.46% 13.46% 13.46% 13.43% 13.43% 13.43%

Source: Screener.in — quarterly shareholding disclosures.

Peers Comparison

Telecommunication — ranked by market cap

Company Market Cap (Cr) P/E P/B ROE
Mahanagar Telephone Nigam (this stock) 1,486 — -0.05 —
Gtl Infra.ltd 1,422 — -0.19 —
Birla Cable Limited 1,089 23.6 3.88 6.26%
Suyog Telematics Limited 762 12.6 1.56 14.2%
Stl Networks Limited 2,666 — 3.33 -11.3%
Reliance Communications L 257 — 0.0 —
Umiya Buildcon Limited 182 20.2 1.58 -3.61%

Which Mutual Funds Hold Mahanagar Telephone Nigam?

Frequently Asked Questions about Mahanagar Telephone Nigam

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