Mahanagar Telephone Nigam

Mahanagar Telephone Nigam (MTNL) is a micro-cap Telecommunication company valued at ₹1,481 crore operating in Telecom - Cellular & Fixed line services on the NSE and BSE.

Recent price move

Mahanagar Telephone Nigam last traded at ₹23.51, modestly down 0.38% on the day.

Recent developments

On 2026-10-01, the company received regulatory approval for the sale of a Mumbai property worth ₹891.53 crore, which could provide a significant cash inflow.

Financial performance

The company's annual revenue fell 15.4% to ₹956 crore, while its annual net loss narrowed from ₹3,328 crore to ₹3,107 crore. The latest quarter saw revenue rise 26.1% to ₹217 crore, but the net loss narrowed from ₹943 crore to ₹842 crore, indicating some cost control.

Valuation multiples

A price-to-earnings ratio is not meaningful here because the company is loss-making; the stock trades at -0.05 times book value.

Things to watch

The company continues to report a net loss of ₹3,107 crore annually, with the net profit margin worsening to -324.9%. The return on capital employed is negative at -2.3%, and the net loss has widened over the past three years. The stock is 44.8% below its 52-week high.

Where it stands

MTNL remains a loss-making entity with a net loss of ₹3,107 crore annually, despite a 26.1% rise in latest quarter revenue. The net loss narrowed in both the annual and quarterly periods, but the company's return on capital employed remains negative. The stock is 44.8% below its 52-week high.

Summarised by DocStoX's model on 2026-10-04 from company filings, exchange data and news. This is a factual summary, not a rating or a recommendation. Informational only, not investment advice. Consult a SEBI-registered adviser before investing.