MTNLMahanagar Telephone Nigam Limited

Rs 22.77▲ +0.04%
Market closedEquity EOD 26 Oct
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52-week rangeThe lowest and highest prices the stock traded at over the last year, from each day's intraday low and high. The marker is today's close: 0% means it sits at the year's low, 100% at the high. It describes where the price is, not where it is going.6.5% up the range
Rs 21Rs 45
MTNL price
Daily candles, adjusted for splits and bonus issues so a corporate action does not show as a crash. Pick a window from one month to the full history, add indicators, or open it full screen.
EOD 26 Oct
IndicatorsVolume

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At a glance
Each figure is shown against the company's sector (the track: the dot is this company, the tick is the sector middle) and, where we hold the yearly filings, against its own recent years (the small trend line).
Market capWhat the whole company is worth on the stock market today: share price times the number of shares. It measures size, not quality.
Rs 23 cr
Larger than 0% of 5 peers
sector middle Rs 47,929 cr
ROEReturn on equity: the year's profit as a percentage of the shareholders' money in the business. It shows how much the company earns on what its owners have put in.
10.4%
Full year FY26
FY23 14.0%FY26 10.4%
ROCEReturn on capital employed: operating profit as a percentage of all the long-term money in the business, owners' and lenders'. It shows how well the company uses its capital, whatever the mix of debt.
2.1%
Lower than 75% of 4 peers
sector middle 19.7%
FY23 81.1%FY26 2.1%
Dividend yieldDividends paid over the last year as a percentage of the company's market value: roughly what Rs 100 of shares paid out in cash.
0.0%
Lower than 60% of 5 peers
sector middle 0.6%
Sales growthHow much the latest quarter's sales grew against the same quarter a year earlier.
+229.9%
Highest of 6 peers
sector middle +8.9%
FY23 -18.6%FY26 18.0%

Peers are the listed companies in the exchange's own industry group: Telecom - Cellular & Fixed line services. Balance-sheet figures are from the latest filed balance sheet; trends show each financial year we hold.

What the numbers say
Short lines written by fixed rules from the company's own filings and shareholding. A line appears only when the figures cross the rule (for example sales growing three years running), and each names the numbers behind it. Nothing here is a view on whether to own the share.

Latest quarterIn the quarter to June 2026 (results filed 12 Aug 2026), sales rose 229.9% from a year earlier to Rs 217 cr and the loss was Rs 842 cr against Rs 943 cr a year earlier.

Going well
  • Operating margin rose from -47.7% in FY23 to -33.3% in FY26.
Worth watching
  • Reported a loss in FY24 and FY25 and FY26.
  • Profit before interest covered interest -0.0 times in FY26 (Rs 2,983 cr of interest).

Each line is written by a fixed rule from the company's own filings and share price, and names the figures it uses. It describes what happened; it is not advice about the share.

How the share moved on results
For each quarterly result we hold: the change from the share's close on the last trading day before the filing to its close on the first trading day after it. Results can land during market hours or after the close, and this window covers both. It shows what happened, not what will happen next time.

Over the last 20 results, the share rose on 8 and fell on 12, and moved by 3% or more on 5.

Q1 FY23Q1 FY24Q1 FY25Q1 FY26Q1 FY27

Q1 FY27: results filed 12 Aug 2026. The share went from its close on 11 Aug 2026 to its close on 13 Aug 2026 -3.03%.

Where every Rs 100 of sales goes
From the company's own yearly results. Each year is scaled to that year's sales, so you compare shares, not size: how much went on running costs, depreciation, interest and tax, and how much was left as profit.
5 financial years

Of every Rs 100 of sales in FY26, Rs 133 went on running costs, Rs 69 on depreciation, Rs 362 on interest; the year ended in a loss.

FY22
128
67
186
FY23
148
78
252
FY24
159
83
337
FY25
169
88
418
FY26
133
69
362
Sales (Rs 100)Other incomeLoss for the yearRunning costsDepreciationInterestTax

Thin bar: money in (sales plus other income). Thick bar: where it went. Each year is scaled to its own sales, so the bars compare shares, not size.

How fast it has grown
Compound growth per year in sales, profit and earnings per share between financial years, from the company's own results. A span appears only if our filings cover both ends of it.
Sales
3 yrs
-4.2%/yr
Latest qtr
+229.9%

Per year, compounded, between financial years FY26 and the year named; only spans our filings cover. The faint bar is the latest quarter against the same quarter a year earlier. Earnings per share is not shown: filed figures are not adjusted for bonus issues and splits, so its growth would mislead.

Health check, year by year
Margins, returns, debt and interest cover for each financial year. Each row is coloured against this company's own usual level, so you see what is improving and what is slipping.
MeasureFY22FY23FY24FY25FY26
Sales growthSales against the previous financial year.--18.6%-35.6%15.8%18.0%
Operating marginProfit from operations, before depreciation, interest and tax, per Rs 100 of sales.-27.7%-47.7%-59.1%-68.8%-33.3%
Net marginProfit after everything, per Rs 100 of sales.-227%-312%-412%-477%-377%
ROEProfit as a percentage of shareholders' money (from the March balance sheet).-14.0%10.5%12.4%10.4%
ROCEOperating profit as a percentage of all long-term capital, owners' and lenders'.-81.1%-60.9%14.9%2.1%
Interest coverHow many times operating profit covers the interest bill. Higher is safer.-0.2x-0.2x-0.2x-0.1x-0.0x

Each row is coloured against this company's own usual level, not against other companies: green is better than its middle year, red worse, plain is close to it. ROE, ROCE and debt rows start once the filings carry a full balance sheet (FY22 at the earliest).

What it owns, and how that is paid for
Straight from the March balance sheet in the company's annual filing. Both bars are the whole balance sheet: what the company owns, and where the money for it came from.
as at 2026-03-31

At FY26 it owned Rs 10,076 Cr of assets. Its owners funded 0% of that and borrowings 352%.

What it owns
21%
9%
58%
Plant, property and projects2,162 Cr
Goodwill and intangibles925 Cr
Inventory7 Cr
Owed by customers330 Cr
Cash and bank776 Cr
Everything else5,876 Cr
How that is paid for
352%
10%
36%
Borrowings35,425 Cr
Owed to suppliers1,033 Cr
Other liabilities3,577 Cr
Cash and equivalents
Rs 137 Cr
Net debt
Rs 35,288 Cr
Current ratio
0.35x
short-term assets per rupee due soon
EV / EBITDA
79.7x

From the March balance sheet in the company's annual filing (2026-03-31). Each bar is the full balance sheet; "everything else" is what the filed total leaves after the named lines.

Where the cash went
Profit is an accounting figure; cash flow is what actually moved. Cash from running the business, plus or minus what was spent on or received from investments, plus or minus what came from or went to lenders and shareholders, equals the change in cash.

In FY26 the business itself brought in Rs 176 Cr, spent Rs 25 Cr on plant and equipment, and cash fell by Rs 43 Cr over the year.

From running the business
+176 Cr
Spent on or received from investing
-201 Cr
From or to lenders and shareholders
-19 Cr
Net change in cash
-43 Cr

Full financial year to 2026-03-31, from the company's cash flow statement.

Against its sector
Where this stock sits within its own sector on each measure. The marker is its position in the peer group and the notch is the sector median. A position is a fact about the cohort, not a view on the stock.
Telecom - Cellular & Fixed line services · 6
Revenue growth229.92%vs 8.93% median
Lowest: RCOM -10.84%Highest: MTNL 229.92%

Median rather than average, so one loss-making or one very expensive peer cannot drag the reference. Valuation is shown without a colour verdict: a higher multiple can mean expensive, or faster growth expected, and only you can decide which.

Peers side by side
Every company in the same NSE industry group that we hold figures for, largest first. Tap any heading to sort by it. The same figures as the At a glance tiles, worked out the same way for every company.
Telecom - Cellular & Fixed line services · 7 shown
Company
BHARTIARTL
Bharti Airtel Limited
11.68 L cr40.1x7.8x18.6%17.6%0.6216.6%+18.4%0.97%
BHARTIHEXA
Bharti Hexacom Limited
81,475 cr44.7x11.4x25.5%21.8%0.3819.0%+10.9%0.61%
TATACOMM
Tata Communications Limited
47,929 cr43.5x14.1x30.3%-3.294.2%+9.6%1.49%
TTML
Tata Teleservices (Maharashtra) Limited
8,119 cr------+8.2%0.00%
RCOM
Reliance Communications Limited
221 cr---0.5%---10.8%0.00%
MTNL
Mahanagar Telephone Nigam Limited
23 cr---2.1%--+229.9%0.00%
IDEA
Vodafone Idea Limited
----36.9%--+6.0%-

Swipe the table sideways for more columns. Tap a heading to sort. A dash means the figure is not filed or cannot be worked out for that company. A bigger cohort is cut to its 40 largest companies.

The business
Sales and net profit from the company's own filings, by financial year or by quarter. Hover any bar for that period's complete figures including operating margin and the change against the comparable earlier period. The single TTM figure above is the sum of the last four quarters.
5 years · 20 quarters
Full financial years - the long arc of the business.
Sales growth
-4.2%
a year, 3 years
Profit growth
-
a year, 3 years
Operating margin
-33.3%
latest year
Sales by financial yearRs 824 Cr
Net profit by financial yearRs -3,107 Cr
FY225 full years · hover a yearFY26

Operating margin has gone from -27.7% to -33.3% over these years - the share of every rupee of sales kept after running costs, before interest and tax. Full financial years only, so a part-year is never shown as a whole one. Hover any year for its complete figures.

Large institutional deals
Bulk and block deals reported by the exchange, where a single large trade is disclosed along with the counterparty's name. Only deals above the exchange's disclosure threshold appear here.
last 6
DatePartySideQtyPriceValue
2026-10-12SILVERLEAF CAPITAL SERVICES PRIVATE LIMITEDSELL14,63,82425Rs 3.66 Cr
2026-10-12SILVERLEAF CAPITAL SERVICES PRIVATE LIMITEDBUY14,63,82425.06Rs 3.67 Cr
2026-10-01NK SECURITIES RESEARCH PRIVATE LIMITEDSELL18,81,29425.21Rs 4.74 Cr
2026-10-01NK SECURITIES RESEARCH PRIVATE LIMITEDBUY18,81,29425.17Rs 4.74 Cr
2026-10-01SILVERLEAF CAPITAL SERVICES PRIVATE LIMITEDSELL17,24,51325.45Rs 4.39 Cr
2026-10-01SILVERLEAF CAPITAL SERVICES PRIVATE LIMITEDBUY17,24,51325.45Rs 4.39 Cr
Technical snapshot
Momentum, trend and delivery-based conviction from the actual price and volume history.
EOD 26 Oct
RSI (14) - momentum
44.1Neutral
0 oversold3070overbought 100
Delivery % - genuine buying vs churn
13.5%Below average - weaker conviction
today 13.5%20d avg 30.7%

The share of traded quantity that was actually delivered (not squared off intraday) - high delivery vs its 20-session average suggests real buying or holding, not just churn.

vs 50-DMA
-8.13%
vs 200-DMA
-19.97%
1-month
-6.53%
3-month
-16.01%
1-year
-45.93%
Realized vol (30d)
58.2%
Insider trading disclosures
Promoter, director and other insider trades in the company's own shares, as disclosed to the exchange under SEBI's insider-trading regulations - usually within a few days of the transaction.
last 18 months

Insider trading data unavailable.

Recent announcements
The company's own filings to the exchange - results, board meetings, investor calls - with a link to the source document.
last 6 months

Announcements unavailable.

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Equity price, fundamentals and realized volatility are end-of-day / quarterly from real market data. The option chain (PCR, max pain, expected move, IV, OI) is live from the exchange during market hours; outside them it shows the last session's close. Shareholding, insider trades and announcements are the company's own exchange filings. Analysis only, not investment advice.