Added to YB: 2025-07-08
Pitch date: 2025-07-04
MTNL.NS [neutral]
Mahanagar Telephone Nigam Limited
-26.64%
current return
Author Info
Zen Nivesh analyses India’s equity markets to help you discover high-conviction, research-backed stock ideas—long before they hit the mainstream. Our edge lies in identifying fundamentally strong, underfollowed companies with serious upside potential. Sign up for the newsletter.
Company Info
Mahanagar Telephone Nigam Limited, together with its subsidiaries, provides telecommunication services in India and Mauritius.
Market Cap
INR 31.7B
Pitch Price
INR 50.22
Price Target
N/A
Dividend
N/A
EV/EBITDA
175.23
P/E
-0.95
EV/Sales
50.71
Sector
Diversified Telecommunication Services
Category
turnaround
MTNL: A Deep Dive
MTNL.NS (deep dive): Telecom PSU in death spiral at 0.21% mobile share, 78% revenue goes to salaries. 33,500cr debt incl 8,300cr defaulted bank loans. Govt integrating ops with BSNL (now profitable), selling 100+ properties for 16,000cr. Land monetization + debt transfer to SPV could enable revival under Scindia.
Read full article (10 min)