Mahanagar Telephone Nigam Limited Share Price & Analysis
Price Chart
Fundamentals
Strengths
- Trading below book value (P/B -0.1x)
Concerns
- Currently loss-making (EPS ₹-49.3)
- Negative return on capital (ROCE -2.3%)
Peer Comparison
| Company | CMP | Mkt Cap | P/E | P/B | ROE % | ROCE % | D/E |
|---|---|---|---|---|---|---|---|
| BHARTIARTL Bharti Airtel Limited | ₹1,840 | ₹11.5L Cr | 36.8 | 7.51 | 20.3 | 17.6 | 1.77 |
| IDEA Vodafone Idea Limited | ₹15 | ₹1.6L Cr | — | -4.55 | — | -1.72 | -2.83 |
| INDUSTOWER Indus Towers Limited | ₹377 | ₹99K Cr | 13.9 | 2.51 | 18.6 | 19.5 | 0.58 |
| TATACOMM Tata Communications Limited | ₹1,700 +0.68% | ₹50K Cr | 48.1 | 19.09 | 32.6 | 14.6 | 3.35 |
| STLTECH Sterlite Technologies Limited | ₹651 −1.09% | ₹38K Cr | 163 | 14.04 | 1.24 | 7.65 | 0.86 |
| HFCL HFCL Limited | ₹238 −0.17% | ₹35K Cr | 61.9 | 5.73 | 6.95 | 10.9 | 0.38 |
| ITI ITI Limited | ₹278 −0.30% | ₹26K Cr | — | 14.05 | -8.86 | 1.41 | 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 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 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
MTNL reports imposition of fines under SEBI norms
*MTNL reports imposition of fines under SEBI norms.* Mahanagar Telephone Nigam Limited disclosed penalties imposed under Regulation 30 & 51 of SEBI (LODR) Regulations, 2015. The filing is part of mandatory compliance for undisclosed penalties. Details of the fine amount or reason not specified. 📊 *STOCKS:* $MTNL | 🏢 *SECTOR:* Telecom | #LOWIMPACT #Compliance
MTNL fined; disclosure under SEBI regulations
*MTNL fined; disclosure under SEBI regulations.* The company disclosed the imposition of a fine under Regulation 30 and 51 of SEBI (LODR) 2015. The details of the penalty amount and the authority are not specified. This is a compliance-related disclosure with no immediate financial impact. 📊 *STOCKS:* MTNL | 🏢 *SECTOR:* Telecom | #Legal #Penalty
MTNL publishes compliance notice in newspaper
MTNL has published a newspaper advertisement as part of its compliance with Regulation 30 and Regulation 47 of SEBI (LODR) Regulations, 2015. This is a routine regulatory requirement and does not indicate any operational or financial development. The filing is a procedural step and carries no immediate market impact. 📊 *STOCKS:* $MTNL | 🏢 *SECTOR:* Telecom | #LOWIMPACT #Compliance
MTNL appoints government nominee directors
*MTNL appoints government nominee directors.* This move complies with Regulation 30 & 51 of SEBI (LODR) Regulations, 2015. The appointment reflects standard government oversight in public sector telecom entities. No financial or operational changes indicated. 📊 *STOCKS:* $MTNL | 🏢 *SECTOR:* Telecom | #LOWIMPACT #Corporate