Mahanagar Telephone Nigam share price
NSE: MTNLBSE: 500108Telecom - ServicesSmall Cap
Last close ₹22.76down ₹1.88 (7.63%)BSE ₹22.82
Share price at the NSE close on 23 Oct 2026. Previous close ₹24.64.
52-week range of traded prices to 23 Oct 2026
₹21.26Low, 30 Mar 2026₹44.67High, 3 Nov 2025
- Next results date: the board meets on 13 Nov 2026 to consider: financial results.
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies.
- ₹1,434 Cr1,191st largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit.
- Lossover the last 12 months
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet.
- Net worth zero or below
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- Nonein the last 12 months
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business.
- Net worth zero or below
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet. The filing of 12 Aug 2026
- −12.5%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Mar 2026.
- Net worth zero or below
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day.
- 46,24,80620.7% delivered
Results
Consolidated; ₹ crore, the charts by years to March, the table by quarter.Quarterly results
Quarter to Jun 2026, against the quarter beforeFiled 12 Aug
- RevenueRevenue. The pill is the change in revenue against the quarter before: this period's figure divided by that one's, less one, in per cent.
- ₹217 Crdown 41.46%
- Net profitNet profit. Under it, net profit in the quarter before. A change in per cent is not worked out where either period is a loss or nothing.
- −₹842 CrQuarter to Mar 2026: −₹307 Cr
- Net marginNet margin. Net profit as a percentage of revenue: how much of each rupee of sales is left after every cost, interest and tax.
- −388.4%
Revenue by year
Net profit by year, a loss in red
- Net profit
- Loss
A loss in 10 of the 10 years shown
The years either side of a change of basis do not compare. From the year to Mar 2026, the company's revenue for that year, ₹956 Cr, differs from its quarters added, ₹917 Cr.
| ₹ crore | Sep 2024Filed 14 Nov | Dec 2024Filed 15 Feb | Mar 2025Filed 13 Jun | Jun 2025Filed 14 Nov | Sep 2025Filed 14 Nov | Dec 2025Filed 12 Feb | Mar 2026Filed 21 May | Jun 2026Filed 12 Aug |
|---|---|---|---|---|---|---|---|---|
| Revenue | 174 | 170 | 170 | 159 | 190 | 198 | 371 | 217 |
| Net profit | −890 | −836 | −828 | −943 | −960 | −897 | −307 | −842 |
| Net marginNet margin. Net profit as a percentage of revenue: how much of each rupee of sales is left after every cost, interest and tax. | −511.0% | −491.6% | −487.4% | −592.4% | −506.0% | −454.1% | −82.8% | −388.4% |
Consolidated. The last eight quarters. The latest is shaded. Net profit is the whole group's, the other owners of its subsidiaries included; P/E and ROE use the company's own share.
The quarters either side of a change of basis do not compare. From the quarter to Mar 2026, the company's revenue for the year to Mar 2026, ₹956 Cr, differs from its quarters added, ₹917 Cr.
Business segments
Share of revenue, year to Mar 2026, consolidated.Segment revenue and profit
- Infrastructure LeasingInfrastructure Leasing, share of revenue. The segment's revenue as a percentage of the revenue of all the company's reported business segments together, leaving out eliminations between them and unallocated items.₹507 Cr53.0%
- Basic & other ServicesBasic & other Services, share of revenue. The segment's revenue as a percentage of the revenue of all the company's reported business segments together, leaving out eliminations between them and unallocated items.₹364 Crdown 40.87%38.1%
- CellularCellular, share of revenue. The segment's revenue as a percentage of the revenue of all the company's reported business segments together, leaving out eliminations between them and unallocated items.₹86 Crup 3.64%9.0%
The pill is the change in revenue on the year before; the share is of all the businesses together.
Where the return came from
Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.
| Over | Return a year | Earnings growth | Change in P/E | Dividend yield |
|---|---|---|---|---|
| 1 year | −50.0% | – | – | 0.0% |
| 3 years | +6.0% | – | – | 0.0% |
| 5 years | +2.7% | – | – | 0.0% |
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add. Earnings growth and the change in P/E are left empty where earnings per share at either end of the window was a loss or is not on record.
Mutual funds holding it
1 fund disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 1 of the 1 fund that added or cut is an index fund, an ETF or an arbitrage fund: an index fund or ETF holds what its index holds, and an arbitrage fund holds the share against a sale of its future.
- CutCut. Funds that held fewer shares than at the end of the month before.
- 1
| Fund | |||
|---|---|---|---|
 Motilal Oswal BSE 1000 Index FundMotilal Oswal Mutual Fund | 817 | – | ₹19,000 |
Portfolios disclosed for Sep 2026. Weight is the holding as a share of the fund's assets.
Peers and competitors
Telecom - Services, 27 listed companies, priced on 23 Oct 2026. The table lists the 8 companies closest to Mahanagar Telephone Nigam in market cap.
Mahanagar Telephone Nigam is not on the chart: it has no P/E or return on equity today
| Company | |||||||||
|---|---|---|---|---|---|---|---|---|---|
 Pace DigitekPACEDIGITK | 2,984 | 9.7 | 1.4 | 6.9 | – | – | 13.9% | 13.9% | 0.00% |
 Bondada EngineeringBONDADA | 2,943 | – | – | – | – | – | – | – | 0.11% |
 Route MobileROUTE | 2,621 | 10.6 | 0.9 | 2.4 | −0.3% | −15.4% | 9.6% | 15.3% | 2.88% |
 STL NetworksSTLNETWORK | 1,719 | – | 2.1 | 60.1 | – | – | −12.3% | 0.4% | 0.00% |
 GTL InfrastructureGTLINFRA | 1,281 | 1.2 | – | 16.4 | +1.4% | – | – | 85.6% | 0.00% |
 Suyog TelematicsSUYOG | 589 | 9.8 | 1.2 | 4.3 | – | – | 13.6% | 16.1% | 0.20% |
 Sar TeleventureSARTELE | 397 | 5.5 | 0.4 | 4.1 | – | – | 7.9% | 7.6% | 0.00% |
 Reliance CommunicationsRCOM | 216 | – | – | – | −11.6% | – | – | – | 0.00% |
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.
Dividends
Per share, by the year it was paid for, and the latest payments.Dividend history and dates
| Ex-date | Type | Per share |
|---|---|---|
| 17 Sep 2009 | FinalFinal dividend. Called final by its date: the company did not say which kind it was, and it went ex within six months after the company's year end, the time in which the annual general meeting that declares the final dividend must be held. | ₹1.00 |
| 22 Sep 2008 | FinalFinal dividend. Called final by its date: the company did not say which kind it was, and it went ex within six months after the company's year end, the time in which the annual general meeting that declares the final dividend must be held. | 10% of face value (₹1.00 a share) |
| 21 Feb 2008 | Interim | 30% of face value (₹3.00 a share) |
| 19 Sep 2007 | FinalFinal dividend. Called final by its date: the company did not say which kind it was, and it went ex within six months after the company's year end, the time in which the annual general meeting that declares the final dividend must be held. | 10% of face value (₹1.00 a share) |
| 19 Feb 2007 | Interim | 30% of face value (₹3.00 a share) |
Latest payments, as declared, by ex-date.
Latest announcements
Routine notices left out.Share news and announcements
Oct 2026
23 Oct · Legal
The exchange asked on 22 Oct 2026
Mahanagar Telephone Nigam share price by year
Each calendar year to 2025.Mahanagar Telephone Nigam share price history
| Year | Close at year end | Change | Highest close | Lowest close |
|---|---|---|---|---|
| 2025 | 36.00 | −28.5% | 56.08 | 34.97 |
| 2024 | 50.35 | +49.6% | 97.08 | 32.15 |
| 2023 | 33.65 | +28.7% | 34.50 | 17.10 |
| 2022 | 26.15 | −26.6% | 35.10 | 17.25 |
| 2021 | 35.65 | +158.3% | 38.95 | 11.95 |
| 2020 | 13.80 | +46.0% | 14.55 | 5.80 |
| 2019 | 9.45 | −41.7% | 19.40 | 4.90 |
| 2018 | 16.20 | −34.9% | 30.25 | 12.05 |
| 2017 | 24.90 | +22.1% | 27.15 | 17.20 |
| 2016 | 20.40 | −8.3% | 23.15 | 15.45 |
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before.
Recent sessions
The last 10 trading days to 23 Oct 2026, as traded on NSE.
| Date | Open | High | Low | Close | Average price | Volume | Delivery |
|---|---|---|---|---|---|---|---|
| 23 Oct 2026 | 23.66 | 23.96 | 22.50 | 22.76 | 23.00 | 46,24,806 | 20.7% |
| 22 Oct 2026 | 22.00 | 25.60 | 21.69 | 24.64 | 24.18 | 2,18,33,675 | 10.2% |
| 21 Oct 2026 | 22.91 | 22.94 | 21.93 | 22.20 | 22.28 | 6,96,912 | 42.9% |
| 19 Oct 2026 | 23.44 | 23.50 | 22.77 | 22.91 | 23.02 | 7,22,779 | 47.0% |
| 16 Oct 2026 | 23.65 | 23.66 | 23.22 | 23.50 | 23.46 | 6,13,894 | 35.9% |
| 15 Oct 2026 | 23.80 | 23.85 | 23.30 | 23.60 | 23.55 | 9,96,657 | 29.2% |
| 14 Oct 2026 | 24.20 | 24.40 | 23.65 | 23.71 | 23.95 | 15,68,302 | 27.2% |
| 13 Oct 2026 | 24.15 | 24.50 | 23.81 | 24.07 | 24.10 | 31,72,701 | 15.3% |
| 12 Oct 2026 | 23.17 | 25.95 | 22.80 | 24.61 | 24.87 | 3,03,76,937 | 4.8% |
| 9 Oct 2026 | 22.88 | 23.19 | 22.71 | 22.91 | 22.89 | 6,56,968 | 35.0% |
Prices in ₹ per share as traded, not adjusted.
Company details
- Legal name
- Mahanagar Telephone Nigam Limited
- NSE symbol
- MTNL
- BSE code
- 500108
- ISIN
- INE153A01019
- Industry
- Telecom - Services
- Listed
- Feb 1999
- Face value
- ₹10
- CIN
- L32101DL1986GOI023501
- Corporate identity number, the registrar of companies' code for it