Mahanagar Telephone Nigam Limited Share Price & Analysis
Price Chart
Fundamentals
Strengths
- Trading below book value (P/B -0.1x)
- Near 52-week low — potential value zone (₹20)
Concerns
- Currently loss-making (EPS ₹-49.3)
- Negative return on capital (ROCE -9.3%)
Peer Comparison
| Company | CMP | Mkt Cap | P/E | P/B | ROE % | ROCE % | D/E |
|---|---|---|---|---|---|---|---|
| BHARTIARTL Bharti Airtel Limited | ₹1,948 | ₹11.8L Cr | 37.8 | 7.95 | 20.3 | 17.6 | 1.77 |
| IDEA Vodafone Idea Limited | ₹12 | ₹1.2L Cr | — | -3.59 | — | -1.72 | -2.83 |
| INDUSTOWER Indus Towers Limited | ₹373 | ₹1.0L Cr | 14 | 2.49 | 18.6 | 19.5 | 0.58 |
| TATACOMM Tata Communications Limited | ₹— | ₹47K Cr | 39 | 19.09 | 32.6 | 14.6 | 3.35 |
| STLTECH Sterlite Technologies Limited | ₹— | ₹42K Cr | 56.7 | 14.04 | 1.24 | 7.65 | 0.86 |
| HFCL HFCL Limited | ₹— | ₹37K Cr | 42.4 | 5.73 | 6.98 | 10.8 | 0.38 |
| ITI ITI Limited | ₹— | ₹21K Cr | — | — | -8.86 | 2.1 | 0.9 |
Showing 7 peers in the same sector · Sorted by market cap
Shareholding Pattern
MTNL · as of Mar 2026
| Category | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Promoters | 56.25% | 56.25% | 56.25% | 56.25% | 56.25% | 56.25% |
| FII | 0.47% | 0.55% | 0.38% | 0.06% | 0.09% | 0.14% |
| DII | 13.75% | 13.63% | 13.63% | 13.47% | 13.49% | 13.46% |
| Public | 29.54% | 29.56% | 29.73% | 30.22% | 30.16% | 30.15% |
Latest News
All newsMTNL sees spurt in trading volume; NSE seeks details
*MTNL sees spurt in trading volume; NSE seeks details.* The National Stock Exchange has queried MTNL after a significant spike in trading volume, aiming to safeguard investor interests. The company has submitted its response to the exchange. No major corporate announcement was reported, but unusual volume often precedes news or speculation. 📊 *STOCKS:* $MTNL | 🏢 *SECTOR:* Telecom | #MEDIUMIMPACT #VolumeSpurt
MTNL assigned credit rating with stable outlook
*MTNL assigned credit rating with stable outlook.* The rating reflects MTNL's status as a government-owned telecom PSU with moderate financial risk. The outlook remains stable, indicating no immediate credit upgrades or downgrades expected. Financial metrics remain under pressure due to legacy debt and competitive market. 📊 *STOCKS:* $MTNL | 🏢 *SECTOR:* CapitalMarkets | #LOWIMPACT #CreditRating
MTNL defaults on bank loan payments as of June 2026
*MTNL defaults on bank loan payments as of June 2026.* The company has defaulted on **principal and interest payments** to banks, per a regulatory filing under SEBI LODR. This indicates severe financial stress and potential credit downgrade. The development raises concerns over MTNL’s ongoing viability and debt restructuring plans. 📊 *STOCKS:* MTNL | 🏢 *SECTOR:* Telecom | #HIGHIMPACT #default
MTNL defaults on loan principal and interest payments
*MTNL defaults on loan principal and interest payments* as of May 31, 2026. The company disclosed the default under Regulation 30 of SEBI (LODR) to inform investors. This breach involves **non-payment of principal instalments and interest** to banks, signaling financial stress. The disclosure follows SEBI’s mandatory listing obligation for material events. 📊 *STOCKS:* MTNL | 🏢 *SECTOR:* Telecom | #HIGHIMPACT #default
MTNL hit with fine by TRAI
*MTNL hit with fine by TRAI* — Mahanagar Telephone Nigam Limited has been imposed a penalty by the Telecom Regulatory Authority of India (TRAI). The company disclosed the event under Regulation 30 and 51 of SEBI (LODR) 2015 for compliance purposes. The fine relates to regulatory non-compliances in telecom operations. Specific penalty amount is not mentioned in the filing. 📊 *STOCKS:* $MTNL | 🏢 *SECTOR:* Telecom | #MEDIUMIMPACT #Regulation
MTNL sells Powai property to Income Tax Dept via G2G
*MTNL sells Powai property to Income Tax Dept via G2G*. MTNL has sold its property at Powai, Mumbai — Plot-C, Technology Street — to the Income Tax Department through a government-to-government (G2G) transfer. The transaction is part of the company's compliance under SEBI (LODR) Regulations, 2015. Specific sale value not disclosed. 📊 *STOCKS:* $MTNL | 🏢 *SECTOR:* Telecom | #MEDIUMIMPACT #AssetSale
MTNL hit by TRAI penalty, regulatory compliance disclosed
*MTNL hit by TRAI penalty, regulatory compliance disclosed.* The company has disclosed the imposition of a fine by TRAI under Regulation 30 & 51 of SEBI (LODR) norms. Such penalties may affect investor sentiment and financial outflow. Compliance disclosures highlight regulatory scrutiny. 📊 *STOCKS:* MTNL | 🏢 *SECTOR:* Telecom | #MEDIUMIMPACT #Regulation
MTNL fails to fund interest in escrow account
*MTNL fails to fund interest in escrow account.* The company has not deposited the 6th semi-annual interest amount for its Bond Series VIIIA (INE153A08154) into the Bank of India escrow account. This is a violation of SEBI (LODR) Regulations, 2015, specifically Regulation 30 & 51. The move raises concerns over debt servicing and compliance. 📊 *STOCKS:* MTNL | 🏢 *SECTOR:* Telecom | #MEDIUMIMPACT #MTNL
MTNL fails to fund ₹11th semi-annual bond interest escrow
*MTNL fails to fund ₹11th semi-annual bond interest escrow.* MTNL has not funded the 11th semi-annual interest payment into the escrow account for its Bond Series VI, as mandated under SEBI LODR Regulations. This non-funding may trigger concerns over debt servicing and compliance. Investors may react to potential credit risk implications. 📊 *STOCKS:* MTNL | 🏢 *SECTOR:* Telecom | #MEDIUMIMPACT #MTNL
MTNL hit with penalty by TRAI
*MTNL hit with penalty by TRAI* Mahanagar Telephone Nigam Limited has been penalized by TRAI, disclosed under SEBI LODR norms. The fine impacts near-term finances and regulatory standing. Details of the penalty amount and violations were not specified in the filing. 📊 *STOCKS:* MTNL | 🏢 *SECTOR:* Telecom | #MEDIUMIMPACT #penalty