Mahanagar Telephone Nigam Limited
NSE: MTNL · Telecom - Cellular & Fixed line services
Snapshot
Unlock Mahanagar Telephone Nigam Limited's vital signs
Growth · Profitability · Valuation · Strength · Conviction
Company Overview
Business
Mahanagar Telephone Nigam Limited (MTNL) is a state-owned telecommunications service provider offering basic telephony, broadband, and cellular services. The company also delivers a suite of ICT solutions, including cloud services, Wi-Fi, and e-governance projects, primarily operating in India and Mauritius.
Business Model
MTNL generates revenue through subscription-based telecommunication services, including mobile, fixed-line, and internet connectivity. It further monetises its infrastructure by providing managed ICT services, turnkey projects, and GIS-based solutions to enterprise and government clients.
Growth Outlook
Growth is focused on expanding its digital service portfolio, including cloud and e-governance projects, alongside maintaining its legacy telecommunications infrastructure. The company aims to leverage its existing network to provide turnkey ICT solutions for government and enterprise sectors.
Key Risks
- Intense Market Competition. The Indian telecom sector is highly competitive, with private players exerting significant pressure on pricing and market share.
- Financial Sustainability. The company faces ongoing challenges related to high debt levels and operational losses, which may impact future capital expenditure.
- Technological Obsolescence. Rapid advancements in mobile technology and the need for continuous network upgrades require significant investment to remain relevant.
- Regulatory Environment. As a state-owned entity, MTNL is subject to complex regulatory frameworks and government policy shifts that can impact operational flexibility.
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Key Metrics
REVENUE
₹975 Cr
TTM · consolidated
NET PROFIT
₹-3,006 Cr
TTM · consolidated
EPS
₹-47.72
TTM · consolidated
RETURN ON EQUITY
10.6%
TTM · consolidated
RETURN ON CAPITAL EMPLOYED
0.7%
TTM · consolidated
P/E
-0.6x
Q1 FY27 · consolidated
EV/EBITDA
69.8x
Q1 FY27 · consolidated
EBITDA MARGIN
54.3%
TTM · consolidated
DEBT TO EQUITY
-1.2%
Q1 FY27 · consolidated
Peers · Telecom - Cellular & Fixed line services
| Company | Mkt Cap | P/E | EV/EBITDA | Rev Gr YoY | EBITDA Mgn | ROE | ROCE | 1Y Return |
|---|---|---|---|---|---|---|---|---|
Mahanagar Telephone Nigam LimitedMTNL | ₹1,673 Cr | -0.56 | 69.83 | 68.1% | 54.3% | 10.6% | 0.7% | -40.3% |
Bharti Airtel Ltd.BHARTIARTL | ₹11.21L Cr | 40.10 | 10.03 | 22.0% | 58.1% | 25.7% | 18.7% | -2.1% |
Vodafone Idea Ltd.IDEA | ₹1.63L Cr | 4.74 | 15.87 | 3.0% | 43.6% | -65.1% | 38.1% | +127.2% |
Bharti Hexacom Ltd.BHARTIHEXA | ₹74,770 Cr | 41.00 | 14.61 | 7.9% | 55.2% | 27.9% | 23.4% | -15.7% |
Tata Communications Ltd.TATACOMM | ₹50,049 Cr | 52.91 | 11.51 | 8.1% | 20.5% | 29.0% | 15.0% | +13.0% |
Tata Teleservices (Maharashtra) Ltd.TTML | ₹7,378 Cr | 198.63 | 43.04 | -7.2% | 55.3% | -0.2% | -9.2% | -33.9% |
As of Q1 FY27
Financials
Mahanagar Telephone Nigam Limited
NSE: MTNL · Telecom - Cellular & Fixed line services
Snapshot
Unlock Mahanagar Telephone Nigam Limited's vital signs
Growth · Profitability · Valuation · Strength · Conviction
Company Overview
Business
Mahanagar Telephone Nigam Limited (MTNL) is a state-owned telecommunications service provider offering basic telephony, broadband, and cellular services. The company also delivers a suite of ICT solutions, including cloud services, Wi-Fi, and e-governance projects, primarily operating in India and Mauritius.
Business Model
MTNL generates revenue through subscription-based telecommunication services, including mobile, fixed-line, and internet connectivity. It further monetises its infrastructure by providing managed ICT services, turnkey projects, and GIS-based solutions to enterprise and government clients.
Growth Outlook
Growth is focused on expanding its digital service portfolio, including cloud and e-governance projects, alongside maintaining its legacy telecommunications infrastructure. The company aims to leverage its existing network to provide turnkey ICT solutions for government and enterprise sectors.
Key Risks
- Intense Market Competition. The Indian telecom sector is highly competitive, with private players exerting significant pressure on pricing and market share.
- Financial Sustainability. The company faces ongoing challenges related to high debt levels and operational losses, which may impact future capital expenditure.
- Technological Obsolescence. Rapid advancements in mobile technology and the need for continuous network upgrades require significant investment to remain relevant.
- Regulatory Environment. As a state-owned entity, MTNL is subject to complex regulatory frameworks and government policy shifts that can impact operational flexibility.
Start your research today
Unlock AI insights, financials, peers and live data on Mahanagar Telephone Nigam Limited and 5,000+ companies — free.
Key Metrics
REVENUE
₹975 Cr
TTM · consolidated
NET PROFIT
₹-3,006 Cr
TTM · consolidated
EPS
₹-47.72
TTM · consolidated
RETURN ON EQUITY
10.6%
TTM · consolidated
RETURN ON CAPITAL EMPLOYED
0.7%
TTM · consolidated
P/E
-0.6x
Q1 FY27 · consolidated
EV/EBITDA
69.8x
Q1 FY27 · consolidated
EBITDA MARGIN
54.3%
TTM · consolidated
DEBT TO EQUITY
-1.2%
Q1 FY27 · consolidated
Peers · Telecom - Cellular & Fixed line services
As of Q1 FY27