Mahanagar Telephone Nigam Ltd (MTNL) — shareholding pattern, promoter holding, financials and share price
About Mahanagar Telephone Nigam Ltd (MTNL)
Mahanagar Telephone Nigam Ltd operates in the Telecom - Cellular & Fixed line services industry, within the Telecommunication sector. It trades on the NSE as MTNL and on the BSE under scrip code 500108. Its ISIN is INE153A01019.
Mahanagar Telephone Nigam is engaged in providing telecom services.(Source : 201903 Annual Report Page No:120)
Mahanagar Telephone Nigam Limited (MTNL) is a government-owned company providing telecom services in Mumbai and Delhi. It offers various services including telecommunication, internet, and wireless communication.
MTNL launched 4G services in these regions in 2023-24, indicating its efforts to modernize and stay competitive in telecom services.
Listed peers in Telecom - Cellular & Fixed line services: Vodafone Idea Ltd, Bharti Hexacom Ltd, Tata Communications Ltd, Tata Teleservices (Maharashtra) Ltd, Reliance Communications Ltd, City Online Services Ltd.
Valuation & Returns
10 Jul 2026- Industry P/E
- 36.97x
- EPS (TTM)
- ₹-49.32
- Book value / share
- ₹-427.29
- ROE
- 10.37%
- ROCE
- -2.25%
- ROA
- -30.38%
- Debt / equity
- -1.18x
- Dividend yield
- 0%
- EBITDA margin
- 47.79%
- 52-week range
- ₹20.3 – ₹53.6
Ratios are computed from filed results and the last recorded price. Not investment advice.
Financial Performance
Mar 2026In the year ended Mar 2026, Mahanagar Telephone Nigam Ltd (MTNL) reported revenue of ₹956 crore, net profit of ₹-3,107 crore and earnings per share of ₹-49.32. That compares with revenue of ₹698 crore and net profit of ₹-3,328 crore in Mar 2025. Figures are consolidated, as filed with the exchanges.
In the quarter ended Mar 2026, revenue was ₹371 crore and net profit ₹-307 crore (consolidated).
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue (₹ cr) | 1,149 | 935 | 799 | 698 | 956 |
| Net profit (₹ cr) | -2,603 | -2,915 | -3,268 | -3,328 | -3,107 |
| EPS (₹) | -41.32 | -46.27 | -51.87 | -52.82 | -49.32 |
| Measure | 10Y | 5Y | 3Y | 1Y |
|---|---|---|---|---|
| Sales growth | -16.31% | -16.36% | -16.22% | -12.59% |
| Profit growth | - | - | - | -1.84% |
| Stock price CAGR | 3% | 6% | 14% | -43% |
Ownership Summary
Jun 2026As of Jun 2026, promoters hold 56.25% of Mahanagar Telephone Nigam Ltd (MTNL) (unchanged from the previous quarter), foreign institutional investors (FII) hold 0.39% and domestic institutional investors (DII) hold 13.43%. Market capitalisation was ₹1,844 crore on 10 Jul 2026. Shareholding is filed quarterly with BSE and NSE; Solomo carries every filing back to Mar 2001.
Largest disclosed public shareholders in Jun 2026: LIFE INSURANCE CORPORATION OF INDIA 13.12%, HUF 1.19%. Only stakes above the 1% disclosure threshold are named in filings.
| Quarter | Promoter | Pledged | FII | DII | Public |
|---|---|---|---|---|---|
| Jun 2026 | 56.25% | - | 0.39% | 13.43% | 43.75% |
| Mar 2026 | 56.25% | - | 0.51% | 13.43% | 43.75% |
| Dec 2025 | 56.25% | - | 0.05% | 13.43% | 43.75% |
| Sep 2025 | 56.25% | - | 0.04% | 13.45% | 43.75% |
| Jun 2025 | 56.25% | - | 0.54% | 13.45% | 43.75% |
| Mar 2025 | 56.25% | - | 0.14% | 13.45% | 43.75% |
| Dec 2024 | 56.25% | - | 0.09% | 13.49% | 43.75% |
| Sep 2024 | 56.25% | - | 0.06% | 13.47% | 43.75% |