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M T N L share price & results

M T N L· Telecommunication

Results to
Jun 2026
Ownership as of
Sept 2026

State-owned fixed-line & mobile operator serving only Delhi and Mumbai; BSNL now runs its network under a 2025 pact.

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Reported

The figures, each with its period

Each figure keeps its basis and period; nothing is filled in.

MetricValueChangeBasisPeriodNote
Revenue200 ₹ crore+37.9% YoYQuarterly, as filedQuarter to Jun 2026Revenue from operations as filed.
Operating margin-17.0 %+46.0 pts YoYOperating profit / revenueQuarter to Jun 2026For the quarter; a change is in percentage points.
Net profit-841 ₹ crore—Quarterly, as filedQuarter to Jun 2026Profit after tax as filed. The year-earlier figure was zero or a loss, so no percentage is shown.
Return on equity10.03 %−0.6 ptsFY Mar 2026 vs FY Mar 2025Trailing twelve monthsTTM to Jun 2026Adjusted profit attributable to owners ÷ average owners’ equity.
Free cash flow margin59.62 %+32.7 ptsFY Mar 2026 vs FY Mar 2025Fiscal yearFY ending Mar 2026(Operating cash flow − fixed-asset purchases + disposals) ÷ revenue.
Revenue growth (YoY)1.44 %−56.8 ptsFY Mar 2026 vs FY Mar 2025Trailing twelve monthsTTM to Jun 2026Revenue change against the same period one year earlier.

Source: Inve data from filed results; ratios from the Screener-verified panel · to Jun 2026

Price

₹22.88 +0.48% · +₹0.11

Last close 27 Oct 2026 · NSE · INR · Source: Inve

Performance −45.5% 1Y

₹20.0₹25.0₹30.0₹35.0₹40.0Oct 25Dec 25Jan 26Mar 26Apr 26Jun 26Jul 26Sept 26Oct 26

1Y: ₹41.99 on 24 Oct 2025 → ₹22.88. High ₹42.51 (3 Nov 2025), low ₹21.47 (30 Mar 2026).

Previous close
₹22.77
Market cap
₹1.4k Cr
52-week range
₹21.47 – ₹42.51
One year
−45.81%
Return on equity (TTM to Jun 2026)
10.03%

Overview

Symbol
NSE:MTNL
Exchange
NSE
Currency
INR

What M T N L does

Based on the company's own presentations, annual report and earnings calls.

Mahanagar Telephone Nigam Limited is a Navratna central public-sector telecom company that provides landline, broadband/FTTH, GSM mobile, ISDN and leased-circuit services exclusively in the Delhi and Mumbai metro telecom circles. Since a 10-year Service Agreement with BSNL took effect on 1 January 2025, BSNL undertakes all day-to-day maintenance and operations of MTNL's Delhi and Mumbai network (including related capex/opex), while MTNL retains ownership of the network and real-estate assets and earns revenue from subscriber charges, leased circuits and renting out surplus buildings/land. Beyond its domestic network, MTNL owns Mahanagar Telephone (Mauritius) Ltd, a wholly owned overseas subsidiary offering 2G/3G/4G mobile, ILD and internet services under the CHILI brand, plus IT/data-centre and cloud service entities Millennium Telecom Ltd and MTNL STPI IT Services Ltd.

Segments

  • Delhi Unit
  • Mumbai Unit
  • Overseas subsidiary (Mauritius)
Service area
Delhi and Mumbai metro telecom circles only
Total telephone exchange switches
513 (284 in Delhi, 229 in Mumbai)
Landline subscribers
1,742,882 (Delhi 729,995 + Mumbai 1,012,887)
Mobile (GSM) subscribers
998,229 (Delhi 789,314 + Mumbai 208,915)
Broadband subscribers
366,052 (Delhi 187,930 + Mumbai 178,122)
FTTH subscribers
78,769 (Delhi 47,436 + Mumbai 31,333)
Founded 1986Headquarters New Delhi, IndiaEmployees 3,031 (2025-03-31) Company website

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