About
Mahanagar Telephone Nigam Limited, together with its subsidiaries, provides telecommunication services in India. The company operates through two segments, Basic and Other Services, and Cellular Services. It offers mobile, voice, roaming, and internet services; and international long distance services. The company also provides remote monitoring; capacity building and skill development programme; ICT Solution with operation and maintenance services; launch, operate, provide, and maintains cloud and managed services; surveillance and perimeter security services, including emergency communication; wi-fi, surveillance projects, infrastructure sharing, web hosting, and cloud computing services. In addition, it is involved in the provision of cloud services; and information technology/data activities. Mahanagar Telephone Nigam Limited was incorporated in 1986 and is based in New Delhi, India.
Key Metrics
as of Sep 2026Market Cap1,671 Cr
P/E—
Div Yield0.00 %
Book Value₹-476.00
52w High₹46.40
52w Low₹20.30
Face Value₹10.00
Quarterly Results
Rs. Crores · hover row for definition| Metric | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 217.00 | 371.00 | 211.00 | 190.00 | 172.00 | 275.00 | 261.00 | 267.00 | 184.00 | 209.00 | 192.00 | 198.00 | 199.00 |
| Expenses | 250.00 | 311.00 | 238.00 | 298.00 | 251.00 | 292.00 | 298.00 | 294.00 | 295.00 | 284.00 | 318.00 | 331.00 | 354.00 |
| Operating Profit | -33.00 | 60.00 | -28.00 | -108.00 | -79.00 | -16.00 | -37.00 | -27.00 | -111.00 | -75.00 | -126.00 | -133.00 | -154.00 |
| OPM % | -15.00 | 16.00 | -13.00 | -57.00 | -46.00 | -6.00 | -14.00 | -10.00 | -60.00 | -36.00 | -65.00 | -67.00 | -77.00 |
| Other Income | 75.00 | 511.00 | 21.00 | 32.00 | 35.00 | 55.00 | 78.00 | 61.00 | 199.00 | 145.00 | 144.00 | 175.00 | 113.00 |
| Depreciation | 137.00 | 139.00 | 142.00 | 142.00 | 145.00 | 151.00 | 150.00 | 155.00 | 156.00 | 164.00 | 166.00 | 170.00 | 166.00 |
| Interest | 748.00 | 738.00 | 749.00 | 742.00 | 754.00 | 716.00 | 728.00 | 769.00 | 705.00 | 689.00 | 691.00 | 665.00 | 645.00 |
| Profit before tax | -842.00 | -307.00 | -897.00 | -960.00 | -943.00 | -828.00 | -836.00 | -890.00 | -773.00 | -784.00 | -839.00 | -793.00 | -852.00 |
| Tax % | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Profit | -842.00 | -307.00 | -897.00 | -960.00 | -943.00 | -828.00 | -836.00 | -890.00 | -773.00 | -784.00 | -839.00 | -793.00 | -852.00 |
| EPS in Rs | -13.37 | -4.87 | -14.24 | -15.24 | -14.97 | -13.14 | -13.27 | -14.13 | -12.28 | -12.44 | -13.32 | -12.58 | -13.52 |
Profit & Loss
Annual · Rs. Crores| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 956.00 | 698.00 | 799.00 | 935.00 | 1,149.00 | 1,388.00 | 1,624.00 | 2,085.00 | 2,472.00 | 2,969.00 | 3,223.00 | 3,494.00 |
| Expenses | 1,098.00 | 1,168.00 | 1,280.00 | 1,369.00 | 1,453.00 | 1,313.00 | 3,070.00 | 3,386.00 | 3,617.00 | 4,027.00 | 4,013.00 | 4,237.00 |
| Operating Profit | -142.00 | -470.00 | -482.00 | -434.00 | -304.00 | 75.00 | -1,447.00 | -1,300.00 | -1,145.00 | -1,058.00 | -790.00 | -743.00 |
| OPM % | -15.00 | -67.00 | -60.00 | -46.00 | -26.00 | 5.00 | -89.00 | -62.00 | -46.00 | -36.00 | -24.00 | -21.00 |
| Other Income | 586.00 | 682.00 | 575.00 | 612.00 | 623.00 | 476.00 | 691.00 | 619.00 | 734.00 | 680.00 | 882.00 | 443.00 |
| Interest | 2,983.00 | 2,928.00 | 2,694.00 | 2,364.00 | 2,147.00 | 2,117.00 | 1,951.00 | 1,703.00 | 1,505.00 | 1,448.00 | 1,351.00 | 1,440.00 |
| Depreciation | 568.00 | 612.00 | 666.00 | 730.00 | 772.00 | 893.00 | 986.00 | 1,002.00 | 1,054.00 | 1,113.00 | 1,178.00 | 1,158.00 |
| Profit before tax | -3,107.00 | -3,328.00 | -3,268.00 | -2,916.00 | -2,600.00 | -2,459.00 | -3,693.00 | -3,387.00 | -2,970.00 | -2,940.00 | -2,437.00 | -2,898.00 |
| Tax % | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -20.00 | 0.00 |
| Net Profit | -3,107.00 | -3,328.00 | -3,268.00 | -2,915.00 | -2,603.00 | -2,461.00 | -3,694.00 | -3,388.00 | -2,971.00 | -2,936.00 | -1,946.00 | -2,901.00 |
| EPS in Rs | -49.32 | -52.82 | -51.87 | -46.27 | -41.32 | -39.07 | -58.63 | -53.78 | -47.16 | -46.60 | -30.89 | -46.05 |
| Dividend Payout % | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Balance Sheet
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 630.00 | 630.00 | 630.00 | 630.00 | 630.00 | 630.00 | 630.00 | 630.00 | 630.00 | 630.00 | 630.00 | 630.00 |
| Reserves | -30,590.00 | -27,549.00 | -24,274.00 | -21,485.00 | -19,298.00 | -16,675.00 | -14,212.00 | -10,358.00 | -6,962.00 | -4,004.00 | -1,035.00 | 1,429.00 |
| Borrowings | 35,445.00 | 32,441.00 | 30,141.00 | 28,351.00 | 26,820.00 | 25,600.00 | 23,291.00 | 19,737.00 | 17,019.00 | 15,201.00 | 13,441.00 | 16,608.00 |
| Other Liabilities | 4,591.00 | 4,731.00 | 4,248.00 | 4,176.00 | 4,191.00 | 3,844.00 | 6,997.00 | 4,711.00 | 5,611.00 | 5,882.00 | 5,639.00 | 8,271.00 |
| Total Liabilities | 10,076.00 | 10,253.00 | 10,745.00 | 11,672.00 | 12,342.00 | 13,400.00 | 16,706.00 | 14,720.00 | 16,298.00 | 17,709.00 | 18,675.00 | 26,938.00 |
| Fixed Assets | 3,138.00 | 3,808.00 | 4,333.00 | 4,967.00 | 5,618.00 | 6,253.00 | 6,889.00 | 7,466.00 | 8,164.00 | 8,759.00 | 9,575.00 | 10,570.00 |
| CWIP | 13.00 | 32.00 | 86.00 | 59.00 | 74.00 | 184.00 | 328.00 | 320.00 | 331.00 | 291.00 | 137.00 | 134.00 |
| Investments | 5.00 | 4.00 | 4.00 | 3.00 | 3.00 | 3.00 | 4.00 | 4.00 | 4.00 | 4.00 | 43.00 | 40.00 |
| Other Assets | 6,921.00 | 6,409.00 | 6,323.00 | 6,642.00 | 6,647.00 | 6,960.00 | 9,486.00 | 6,930.00 | 7,799.00 | 8,654.00 | 8,920.00 | 16,194.00 |
| Total Assets | 10,076.00 | 10,253.00 | 10,745.00 | 11,672.00 | 12,342.00 | 13,400.00 | 16,706.00 | 14,720.00 | 16,298.00 | 17,709.00 | 18,675.00 | 26,938.00 |
Cash Flows
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 176.00 | 340.00 | 130.00 | 64.00 | 704.00 | -225.00 | -1,206.00 | -733.00 | 155.00 | -1,024.00 | 1,078.00 | -1,167.00 |
| Cash from Investing Activity | -201.00 | -29.00 | 107.00 | -174.00 | 204.00 | -259.00 | -43.00 | -297.00 | -492.00 | -30.00 | -37.00 | -107.00 |
| Cash from Financing Activity | -19.00 | -215.00 | -319.00 | 177.00 | -936.00 | 414.00 | 1,326.00 | 1,044.00 | 345.00 | 984.00 | -957.00 | 1,110.00 |
| Net Cash Flow | -43.00 | 96.00 | -81.00 | 67.00 | -28.00 | -70.00 | 77.00 | 14.00 | 7.00 | -71.00 | 85.00 | -164.00 |
| Free Cash Flow | 570.00 | 304.00 | 57.00 | 20.00 | 691.00 | -324.00 | -1,348.00 | -1,043.00 | -357.00 | -1,441.00 | 779.00 | -1,295.00 |
| CFO/OP % | -119.00 | -51.00 | -32.00 | -18.00 | -248.00 | -553.00 | 84.00 | 56.00 | -19.00 | 113.00 | -78.00 | 106.00 |
Ratios
Annual · Days / % — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 126.00 | 293.00 | 234.00 | 229.00 | 213.00 | 203.00 | 141.00 | 107.00 | 63.00 | 60.00 | 56.00 | 31.00 |
| Cash Conversion Cycle | 126.00 | 293.00 | 234.00 | 229.00 | 213.00 | 203.00 | 141.00 | 107.00 | 63.00 | 60.00 | 56.00 | 31.00 |
| Working Capital Days | -4,325.00 | -4,097.00 | -1,995.00 | -2,681.00 | -2,518.00 | -1,218.00 | -1,930.00 | -1,038.00 | -613.00 | -707.00 | -906.00 | -835.00 |
| ROCE % | -2.00 | -7.00 | -8.00 | -7.00 | -5.00 | -3.00 | -18.00 | -16.00 | -13.00 | -12.00 | -7.00 | -8.00 |
Corporate Actions
23 records| Action | Ex Date | Record Date | Ratio | Amount (₹) | Notes |
|---|---|---|---|---|---|
| Other | 23 Sep 2024 | — | — | — | Annual General Meeting |
| Other | 22 Sep 2023 | — | — | — | Annual General Meeting |
| Other | 30 Sep 2022 | — | — | — | Annual General Meeting |
| Other | 17 Nov 2021 | — | — | — | Annual General Meeting |
| Other | 23 Dec 2020 | — | — | — | Annual General Meeting |
| Other | 19 Sep 2019 | — | — | — | Annual General Meeting |
| Other | 19 Sep 2018 | — | — | — | Annual General Meeting |
| Other | 19 Sep 2017 | — | — | — | Annual General Meeting |
| Other | 22 Sep 2016 | — | — | — | Annual General Meeting |
| Other | 21 Sep 2015 | — | — | — | Annual General Meeting |
| Other | 23 Sep 2014 | — | — | — | Annual General Meeting |
| Other | 23 Sep 2013 | — | — | — | Annual General Meeting |
| Other | 25 Sep 2012 | — | — | — | Annual General Meeting |
| Other | 23 Sep 2011 | — | — | — | Annual General Meeting |
| Other | 08 Oct 2010 | — | — | — | Annual General Meeting |
| Dividend | 17 Sep 2009 | — | — | 1.00 | |
| Dividend | 22 Sep 2008 | — | — | 1.00 | |
| Dividend | 21 Feb 2008 | 22 Feb 2008 | — | 3.00 | |
| Dividend | 19 Sep 2007 | — | — | 1.00 | |
| Dividend | 19 Feb 2007 | 20 Feb 2007 | — | 3.00 | |
| Dividend | 18 Sep 2006 | — | — | 1.00 | |
| Dividend | 14 Sep 2005 | — | — | 2.50 | |
| Dividend | 03 Sep 2001 | — | — | 4.50 |
Announcements
5 filingsShareholding Pattern
Open on BSEFinancial Results — Filings
Open on BSEBoard Filings
Open on BSEAnnual Reports
Credit Ratings
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Rating update25 Aug from crisil
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Rating update18 Aug from fitch
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Rating update27 May from crisil
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Rating update26 Feb from crisil
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Rating update19 Feb from fitch
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Rating update16 Dec 2025 from care