MTNL Share Price

MTNL Share Price

₹ 24.19

+₹0.12 (0.50%)
1D
Last updated 14 Oct, 2026, 10:14 IST

MTNL Share Price Today

As of 14 Oct 2026, MTNL share price is ₹24.19. The stock opened at ₹24.20, compared to its previous close of ₹24.07. During today's trading session, MTNL share price moved in the range of ₹23.70 to ₹24.40, with an average price of ₹24.05 for the day. Looking at its last 52-week, the stock has touched a low of ₹21.26 and a high of ₹44.67. On the performance front, MTNL share price has declined by 21.77% over the last six months and is down 43.32% on a year-on-year basis.


₹23.70
0.50% up today
₹24.40
1D LOW
1D HIGH

MTNL Returns Calculator

Volume
5,07,594
Average traded price
₹24.16
Last traded time
10:14:14 14 Oct
Last traded quantity
754

Circuit
L
H
₹19.26
₹28.88
52-week
L
H
₹21.26
₹44.67
Mkt Cap Cr
1,517.04

P/E
-0.52

P/B
-0.05

ROA
-29.84%
ROE
10.37%

ROCE
-2.18%

Quick Ratio
0.35

EV/EBITDA
68.07
Based on fundamentals, this stock's
Step 5 of 5
Performance
Excellent
M T N L outperforming all market indices
Step 1 of 5
Valuation
Overvalued
M T N L appears overvalued compared to its peers
Step 3 of 5
Earnings
Neutral
M T N L earnings growth is positive
Peer Comparison
Peer comparison — key ratios
NameMkt Cap CrP/EP/BROAROEROCEQuick RatioEV/EBITDA
Bharti Airtel11,09,759.0930.486.316.59%17.91%19.0%0.5110.34
Vodafone Idea1,38,137.373.7-2.5819.52%67.24%-1.58%0.554.08
BHARTI HEXACOM LIMITED76,045.0041.6910.619.57%24.19%20.61%0.3815.7
Tata Communications47,203.0650.6213.753.19%31.91%12.67%0.4811.69
Tata Teleservices (Maharashtra)6,459.0840.71-5.261.99%-92.03%-8.89%0.016.53
STL NETWORKS LIMITED2,151.33-21.812.69-3.46%-12.38%0.31%1.4670.76
Hathway Cable & Datacom1,970.1322.580.381.46%1.84%2.51%4.013.82
OnMobile Global566.66-10.110.91-5.71%-1.8%-0.26%1.16-67.82
RELIANCE COMMUNICATIONS235.07-0.030.0-25.8%0.31%0.48%—-5.1
GTL100.981.79-0.01-0.63%-1.62%-3.34%0.013.76

Auto-generated based on historical fundamentals; not a recommendation to buy/sell.

About MTNL

MTNL Share Price
ISIN
INE153A01019
Sector Market Cap
₹ 1,517.04 Cr

Mahanagar Telephone Nigam Limited (MTNL) is a public sector undertaking that operates as a provider of fixed-line telecommunication services in the cities of Delhi and Mumbai. The company’s business is divided into two segments: cellular services and basic and other services. Prepaid and postpaid plans, 3G data plans, 3G settings, mobile television, international calling, value-added services, mobile connection requests and mobile recharge are all included in MTNL’s mobile offerings.

Apart from cellular services, MTNL provides several other services including web hosting, industrial training, universal access numbers, leased circuits, toll-free services and virtual card calling. With a market capitalisation of over ₹2,700 crore as of January 30, 2024, MTNL is listed both on the BSE and the National Stock Exchange.

MTNL share price has risen over 230% in 3 years. The Government of India established MTNL on April 1, 1986, with the objective of improving the quality of telecom services. In addition to being the main supplier of fixed-line services in these two cities, MTNL also offers mobile services throughout Delhi, including outlying areas such as Noida, Gurgaon, Faridabad and Ghaziabad. The company also has operations in Mumbai, which includes districts under the jurisdiction of Thane Municipal Corporation, Navi Mumbai Mumbai Corporation and Mumbai Municipal Corporation.

Through joint ventures and subsidiaries, MTNL expands its telecom offerings. One such company is Mahanagar Telephone Mauritius Ltd, which is a fully-owned overseas subsidiary. The company has a wholly-owned subsidiary in India called Millennium Telecom Ltd.

MTNL maintains a presence in Nepal through its joint venture, United Telecommunications Limited.

Mahanagar Telephone Mauritius Limited (MTML)

MTML is a wholly-owned subsidiary of MTNL operating in Mauritius. The company is licenced to provide internet, mobile and international long-distance services. In Mauritius, MTML has amassed a clientele of more than 4 lakh. The company offers mobile services with a 2G/3G network that covers the entire island and 4G (LTE) coverage that reaches over 90% of the population. The company also recently acquired licence for 5G services in Mauritius.

Millennium Telecom Ltd (MTL)

Founded in February 2000, MTL is a wholly-owned subsidiary of MTNL with a focus on offering a range of ICT (information and communication technology) related services. Cloud services, Wi-Fi solutions, project one governance, managed services, turnkey ICT solutions, GIS-based services, capacity building and skill development are all included in MTL’s service offering.

MTNL STPI IT Services Ltd (MSITSL) MSITSL is a joint venture company established through a 50:50 partnership between software technology parks of India (STPI) and MTNL. It was incorporated on March 31, 2006. In Chennai, MSITSL has constructed the physical infrastructure of a Tier-III data centre using space that it leased from STPI.

United Telecommunications Ltd (UTL), Nepal

MTNL Financial Highlights

  • Revenue: MTNL reported revenue of ₹1,541.09 crore in FY26 vs ₹1,351.25 crore in FY25. It showed an increase of 14.05% on a yearly basis.
  • Operating Profit: MTNL reported an operating loss of ₹3,107.12 crore in FY26 vs ₹3,328.30 crore in FY25. It showed an increase of 6.65% on a year-on-year basis.
  • Net Profit: MTNL reported a net loss of ₹3,107.25 crore in FY26 vs ₹3,327.69 crore in FY25. It showed an increase of 6.62% on a yearly basis.

MTNL Quarterly Result Highlights

  • MTNL reported revenue of ₹292.04 crore in Jun 2026, compared with ₹881.64 crore in Mar 2026, representing a decrease of 66.88% on a quarter-on-quarter (QoQ) basis.
  • MTNL reported an operating loss of ₹842.36 crore in Jun 2026, compared with ₹306.82 crore in Mar 2026, representing a decrease of 174.55% on a quarter-on-quarter (QoQ) basis.
  • MTNL reported a loss of ₹842.36 crore in Jun 2026, compared with ₹306.95 crore in Mar 2026, reflecting a decrease of 174.43% on a QoQ basis.
  • The earnings per share (EPS) of MTNL stood at ₹49.32 during Jun 2026.

Data Source: BSE, Company announcements

Securities shown are illustrative, not recommendations. Past performance does not guarantee future results.

Know more
Promoters
56.25%
FII
0.01%
Other DII
13.43%
Retail and other
30.31%
Mutual funds
0.00%
Foreign Institutional Investor (FII)
FII shareholding by period
Dec 20250.05%
Mar 20260.51%
Jun 20260.39%
Sep 20260.01%
1 day
-2.19%

1 week
+3.39%

1 month
-2.71%

1 year
-43.32%

3 years
-21.08%

5 years
+21.57%
Day
Open / Close
Change %
13 Oct 26
₹24.15 / ₹24.07
-2.19%

12 Oct 26
₹23.17 / ₹24.61
+7.42%

09 Oct 26
₹22.88 / ₹22.91
+0.44%

08 Oct 26
₹23.60 / ₹22.81
-3.14%
Show more

MTNL Financials

Full statement

Income Statement · Consolidated

Income Statement · Consolidated — all values in INR Crore
ParticularsMar 2026Mar 2025Mar 2024Mar 2023
Revenue₹956.37₹1,129.61₹798.56₹935.23
Other Income₹584.72₹221.64₹574.53₹613.09
Total Revenue₹1,541.09₹1,351.25₹1,373.09₹1,548.32
Total Expenses₹4,649.63₹4,681.38₹4,642.62₹4,465.17
Profit Before Tax-₹3,107.12-₹3,328.31-₹3,267.71-₹2,915.61
Tax₹0.12-₹0.62-₹0.19-₹0.50
Profit After Tax-₹3,107.24-₹3,327.69-₹3,267.52-₹2,915.11
EPS - Basic-₹49.32-₹52.82-₹51.87-₹46.27
EPS - Diluted-₹49.32-₹52.82-₹51.87-₹46.27

Cash Flow · Consolidated

Cash Flow · Consolidated — all values in INR Crore
ParticularsMar 2026Mar 2025Mar 2024Mar 2023
Profit before tax-₹3,107.12-₹3,328.31-₹3,267.71-₹2,915.61
Income before WC changes₹8.81₹86.20₹91.23₹200.52
Change in Assets-₹73.62-₹219.08₹17.15₹112.27
Change in Liabilities₹234.05₹373.84₹47.37-₹235.46
Change in WC₹160.43₹154.76₹64.52-₹123.19
Cash flow from Operations₹176.43₹339.84₹130.10₹63.85
Cash flow from Investing-₹200.51-₹28.70₹107.37-₹173.80
Cash flow from Financing-₹19.28-₹215.45-₹318.79₹177.07
Total Cash Flow-₹43.36₹95.69-₹81.32₹67.12
Cash (Start of the year)₹180.76₹85.07₹166.39₹99.27
Cash (End of the year)₹137.40₹180.76₹85.07₹166.39

Balance Sheet · Consolidated

Balance Sheet · Consolidated — all values in INR Crore
ParticularsMar 2026Mar 2025Mar 2024Mar 2023
Non-Current Assets₹4,490.83₹4,883.73₹5,330.42₹5,850.44
Current Assets₹5,584.82₹5,342.60₹5,386.92₹5,793.55
Total Assets₹10,075.65₹10,226.33₹10,717.34₹11,643.99
Current Liabilities₹16,069.12₹12,993.62₹9,670.91₹12,337.61
Net Current Asset-₹10,484.30-₹7,651.02-₹4,283.99-₹6,544.06
Non-Current Liabilities₹23,966.27₹24,151.68₹24,690.53₹20,161.32
Equity Capital-₹29,959.74-₹26,918.97-₹23,644.10-₹20,854.94
Total Equity & Liabilities₹10,075.65₹10,226.33₹10,717.34₹11,643.99

Income Statement · Standalone

Income Statement · Standalone — all values in INR Crore
ParticularsMar 2026Mar 2025Mar 2024Mar 2023
Revenue₹887.27₹1,060.54₹728.46₹861.57
Other Income₹581.54₹219.21₹573.01₹612.45
Total Revenue₹1,468.81₹1,279.75₹1,301.47₹1,474.02
Total Expenses₹4,571.75₹4,603.26₹4,603.66₹4,384.76
Profit Before Tax-₹3,102.94-₹3,323.51-₹3,302.19-₹2,910.74
Tax₹0.00₹0.00₹0.00₹0.00
Profit After Tax-₹3,102.94-₹3,323.51-₹3,302.19-₹2,910.74
EPS - Basic-₹49.25-₹52.75-₹52.42-₹46.20
EPS - Diluted-₹49.25-₹52.75-₹52.42-₹46.20

Cash Flow · Standalone

Cash Flow · Standalone — all values in INR Crore
ParticularsMar 2026Mar 2025Mar 2024Mar 2023
Profit before tax-₹3,102.94-₹3,323.51-₹3,302.19-₹2,910.74
Income before WC changes₹3.56₹80.84₹83.79₹192.46
Change in Assets-₹65.90-₹223.69₹24.23₹112.34
Change in Liabilities₹231.24₹366.12₹50.05-₹238.17
Change in WC₹165.34₹142.43₹74.28-₹125.83
Cash flow from Operations₹176.18₹322.18₹132.64₹55.35
Cash flow from Investing-₹200.10-₹4.38₹100.11-₹163.51
Cash flow from Financing-₹18.98-₹215.08-₹318.43₹177.43
Total Cash Flow-₹42.90₹102.72-₹85.68₹69.27
Cash (Start of the year)₹163.57₹60.85₹146.52₹77.25
Cash (End of the year)₹120.67₹163.57₹60.85₹146.52

Balance Sheet · Standalone

Balance Sheet · Standalone — all values in INR Crore
ParticularsMar 2026Mar 2025Mar 2024Mar 2023
Non-Current Assets₹4,526.63₹4,913.83₹5,368.83₹5,918.47
Current Assets₹5,507.05₹5,270.48₹5,308.38₹5,716.17
Total Assets₹10,033.68₹10,184.31₹10,677.21₹11,634.64
Current Liabilities₹16,047.20₹12,973.87₹9,656.16₹12,323.52
Net Current Asset-₹10,540.15-₹7,703.39-₹4,347.78-₹6,607.35
Non-Current Liabilities₹23,961.32₹24,146.08₹24,683.85₹20,154.02
Equity Capital-₹29,974.84-₹26,935.64-₹23,662.80-₹20,842.90
Total Equity & Liabilities₹10,033.68₹10,184.31₹10,677.21₹11,634.64
* All values are in INR Crore
Qty
Bid
412
24.15
150
24.14
1000
24.13
2531
24.12
458
24.11
Ask
Qty
24.18
68
24.19
1
24.2
531
24.21
457
24.22
1233
Bid Total: 4551
Ask Total: 2290
Buy orders: 67%
Sell orders: 33%
Bearish
2
Neutral
5
Bullish
1
Slightly Bearish
by SEBI experts
Expert Pick
EXPPICK
Stop-loss
Entry price
Target
Indicator
Value
Verdict

RSI (14)
48.6
Neutral

ATR (14)
1.3
Neutral

STOCH(9,6)
35.07
Neutral

STOCH RSI (14)
85.77
Bearish

ADX(9)
42.37
Bearish

UO(9)
38.42
Neutral

ROC(12)
1.09
Bullish

WillR(14)
-64.93
Neutral
Period
Simple value
Exponential vaue

5D
23.59
23.78

10D
23.52
23.68

20D
23.62
23.96

50D
25.48
25.23

100D
27.48
26.63
Volume trend — traded volume by day
14 Oct5L
13 Oct31L
12 Oct3Cr
9 Oct6L
8 Oct13L
7 Oct10L
Average61L

Technical indicators used here are for indicative purposes only. Kindly do not treat it as an investment or trading advice

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Disclaimer: The information on this page, including prices, charts, financials, ratios, and other data, is provided for informational and educational purposes only. It is not investment advice, a research report, or a recommendation or solicitation to buy, sell, or hold any security. Data is sourced from third parties and exchanges, may be delayed, and is not guaranteed to be accurate, complete, or timely. Upstox is not liable for any loss arising from its use.