Mahanagar Telephone Nigam Ltd.
Snapshot View

22.65 +0.55 ▲2.5%

20 May 2022, 04:01:00 PM
Volume: 139,414

Overview View Details

Sector Telecom Compare with Sector peers
Industry Telecommunication - Service Provider Compare with Industry peers
Website http://www.mtnl.net.in
Market Cap 1,426.95 Cr.
Enterprise Value(EV) 27,286.92 Cr. 2021-09
Financial Indicators
Earnings per share (EPS) -41.34 Trailing Twelve Months Ending 2021-12
Price-Earning Ratio (PE) - Trailing Twelve Months Ending 2021-12
Industry PE - Trailing Twelve Months Ending 2021-12
Book Value / Share -286.48 Trailing Twelve Months Ending 2021-12
Price to Book Value -0.08 Calculated using Price: 22.65
Dividend Yield 0.00 Period Ending 2021-03
No. of Shares Subscribed 63.00 Cr. 630,000,000 Shares
FaceValue 10
Company Profile

Mahanagar Telephone Nigam (MTNL) was set up on April1, 1986 by the Government of India to upgrade the quality of telecom services, expand the telecom network, introduce new services and to raise revenue for telecom development needs of India's key metros -- Delhi and Mumbai.

In the past 23 years, the company has taken rapid strides to emerge as India's leading and one of Asia's largest telecom operating companies. Besides having a strong financial base, MTNL has achieved a customer base of 8.06 million as on March 31, 2009.

The company has also been in the forefront of technology induction by converting 100% of its telephone exchange network into the state-of-the-art digital mode.

The Government of India currently holds 56.25% stake in the company.

Subsidiary

Millennium Telecom (MTL), incorporated on February 17, 2000, is a wholly owned subsidiary of MTNL that has been formed to do practically any type of telecom business with a focus on value added services. It intends to roll out a router-based packetised telecom network and create facilities like Application Development Centre, Internet Data Centre, STP facilities and payment gateway. Presently, it has a category ‘A’ ISP licence and is in the process of application development and rolling out the services.

Joint ventures

United Telecom Limited (UTL) MTNL has formed a joint venture company in Nepal by the name of United Telecom (UTL) in collaboration with Telecom Consultants India Limited (TCIL), Videsh Sanchar Nigam Limited (VSNL) and NVPL (Nepal Ventures Private Limited, a Nepalese Company). The company is operational since October 10, 2001 for providing WLL based basic services in Nepal. In Nepal against the switching capacity of 50K, 21K telephone connections are working.  

Mahanagar Telephone Mauritius Limited (MTML) MTNL has set up its 100% subsidiary -- Mahanagar Telephone Mauritius Limited (MTML) in Mauritius, for providing basic, mobile and international long distance services as 2nd operator in Mauritius. Necessary licenses have been obtained in January 2004. MTML has already started its ILD and CDMA based basic services in Mauritius. In Mauritius against the switching capacity of 50K, 8K telephone connections are working.   

MTNL-STPI IT Services Limited MTNL-STPI IT Services Ltd. is a 50:50 Joint Venture between Software Technology Parks of India (STPI) and Mahanagar Telephone Nigam Limited, (MTNL). The JV formed in 2006 combines the STPI.s rich experience as an ISP and MTNL’s track record of being India’s leading telecom operating company to offer niche portal services to the Indian community. The JV was formed to realize one of the 10-point agenda of MoC&IT, which are of extreme importance to India for bringing about an all round economic development. The JV aims to provide exclusive data center services, messaging services, business application services to the identified sectors of economic activity and thereby also popularizing the .in domain in the networked community across the world.    

Millenium Telecom Limited (MTL) MTNL has restructured Millenium Telecom Limited (MTL) as a joint venture company of MTNL and BSNL with 50% and 50% equity participation respectively. The company will now be entering into new business stream of international long distance operations and will be executing a project of submarine cable system, both east and west from India.

Milestones

  • 1911- Delhi telephones system with manual exchange was established.
  • 1926 - Lothian exchange, the first automatic exchange was inaugurated.
  • 1937 - Connaught Place exchange was opened.
  • 1945 - First Manual Trunk exchange was opened.
  • 1950 - Cantt exchange was opened.
  • 1953 - Tiz Hazari Exchange was commissioned whereas Lothian exchange ceased working.
  • 1955 - Secretariat exchange was commissioned
  • 1958 - Karol Bagh exchange (SXS) was commissioned.
  • 1961 - Jor Bagh exchange (SXS) was commissioned.
  • 1961- Shahadara exchange (SXS) was commissioned.
  • 1962- First STC service was opened at Agra.
  • 1963 - Delhi Gate (27) exchange was commissioned.
  • 1964 - Delhi telephone crosses 50,000 lines. 
  • 1966 - Exchanges at Nangloi, Narela, Najafgarh, Bahadurgarh and Ballabgarh were opened.
  • 1967 - Rajpath (38) exchange was commissioned.
  • 1968 - 1st X-Bar exchange (KB58) was commissioned. X-Bar exchange (JB62) was commissioned.
  • 1969 - Trunk automatic exchange (TAX) was commissioned.
  • 1970 - Okhla X-Bar exchange was commissioned.
  • 1972 - Idgah-I (51) Strowger exchange was opened.
  • 1972 - X-Bar (31) Janpath-I exchange was commissioned. Delhi telephones crosses 1 lakh lines.
  • 1973 - X-Bar (67) Chanakya Puri exchange was opened.
  • 1975 - X-Bar Janpath-IV (34) exchange and X-Bar Shahdara East (20) exchange was commissioned.
  • 1976 - Shakti Nagar (74) exchange, X-Bar exchange, Shahdara East (20) Extension-I, X-Bar exchange and Hauz Khas (65) X-Bar exchange were commissioned.
  • 1977 - STD Service to Indore and Ambala were started
  • 1978 - Rajouri Garden-I (59) X-Bar exchange, Hauz Khas -II (66) X-Bar exchange, Janpath-V (35) X-Bar exchange and Nehru Place (68) Strowger exchange were inaugurated.
  • 1986 - Mahanagar Telephones Nigam Limited was incorporated.
  • 1986 - First digital exchange world technology brought to India
  • 1987 - Introduction of large scale push button telephone made dialling easier.
  • 1988 - Phone Plus services multiplied benefits to telephone users.
  • 1992 - Voice Mail Service was introduced.
  • 1996 - ISDN services were introduced.
  • 1997 - Wireless in Local loop was introduced
  • 1999 -Internet services were introduced.
  • 2000 - Millennium Telecom Limited, a wholly owned subsidiary of MTNL was born.
  • 2001 - The company launched GSM Cellular Mobile service under the brand name Dolphin. WLL Mobile services under the brand name Garuda was also launched. The company got  listed at New York stock exchange (NYSE). United telecom, MTNL entered into joint venture in Nepal, for providing WLL based services in Nepal became operational. CLI based Internet express services was introduced.
  • 2002 - The company launched pre-paid GSM Mobile services under the brand name Trump. Email on PSTN lines were introduced under the brand name mtnlmail.
  • 2003 - CDMA 1x 2000 Technology under the brand name Garuda 1-x was introduced. A pilot project of ADSL based Broadband and Virtual Phone services were introduced. Mahanagar Telephone Mauritius bagged second operator license in Mauritius.
  • 2004 - The company expanded GSM & CDMA capacity by 800,000 lines each (total 1.6 million lines expanded) STD/ISD rates slashed by almost 60%. MTNL's subsidiary MTML obtained license to provide fixed, mobile and ILD services in Mauritius. Wi-Fi and digital certification services were launched. State of the art training centre ‘CETTM’ was commissioned.
  • 2005 - The company launched broadband services under the brand name ‘TRI BAND’. It also floated tender for 1 million 3G GSM lines.
  • 2013-MTNL introduces broadband technology-based video telephony service
    -MTNL to inject Rs 400 cr to increase 3G speed 6-fold
  • 2014-MTNL taps FIIs, raises Rs 1,500 cr via bond sale
    -MTNL gains over 6% on reports of merger with BSNL

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
+2.49%
1 Week
+5.10%
1 Month
-8.67%
3 Month
-7.93%
6 Month
+20.16%
1 Year
+28.69%
2 Year
+229.22%
5 Year
+1.34%
10 Year
+3.42%
9 years 2013-03 2014-03 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03 2021-03
Return on Equity (%) 693.75 -81.81 -236.64
Return on Capital Employed (%) -39.12 68.72 -7.69 -6.85 -12.00 -13.01 -16.30 -18.01 -3.67
Return on Assets (%) -19.62 28.52 -10.31 -8.36 -16.15 -17.49 -21.86 -23.53 -16.38

Balance Sheet View Details

Particulars 10 years 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr. 2021-09* Rs. Cr.
Shh. Funds -2,788 5,043 2,059 -405 -3,374 -6,332 -9,728 -13,582 -16,045 -17,397
Non Curr. Liab. 20,854 14,052 15,702 8,055 10,454 13,538 12,860 13,344 18,904 17,457
Curr. Liab. 8,333 9,353 10,093 11,022 10,613 9,086 11,572 16,927 10,516 12,728
Minority Int.
Equity & Liab. 26,398 28,448 27,853 18,672 17,693 16,291 14,705 16,688 13,375 12,789
Non Curr. Assets 24,690 26,031 25,678 15,465 12,730 11,248 8,939 8,155 7,194 6,949
Curr. Assets 1,708 2,417 2,175 3,207 4,963 5,043 5,766 8,533 6,182 5,840
Misc. Exp. not W/O
Total Assets 26,398 28,448 27,853 18,672 17,693 16,291 14,705 16,688 13,375 12,789

Profit Loss View Details

Particulars 10 years 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr. 2021-12 Rs. Cr. TTM
Net Sales 3,496 3,476 3,494 3,223 2,969 2,472 2,085 1,624 1,388 1,227
Other Income 287 396 421 887 685 745 636 693 485 502
Total Income 3,783 3,872 3,915 4,110 3,655 3,218 2,721 2,317 1,873 1,729
Total Expenditure -6,428 -4,593 -4,215 -4,017 -4,033 -3,629 -3,402 -3,073 -1,322 -1,403
PBIDT -2,645 -721 -300 93 -378 -412 -681 -756 551 326
Interest -1,181 -1,391 -1,440 -1,351 -1,448 -1,505 -1,703 -1,951 -2,117 -2,133
Depreciation -1,497 -1,192 -1,158 -1,178 -1,113 -1,053 -1,002 -986 -893 -797
Taxation 1 -497 -3 491 4 -1 -1 -1 -2 -2
Exceptional Items 0 11,621
PAT -5,322 7,821 -2,901 -1,946 -2,937 -2,972 -3,387 -3,694 -2,462 -2,606
Minority Interest
Share Associate 1 1 -1 0 1 1
Other Related Items
Consolidated Net Profit -5,322 7,821 -2,901 -1,946 -2,936 -2,971 -3,388 -3,694 -2,461 -2,605
Adjusted EPS -84 124 -46 -31 -47 -47 -54 -59 -39 -41

Cash Flow View Details

Particulars 10 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr.
Cash Fr. Operatn. -710 -343 -4,186 -1,167 1,078 -1,024 155 -733 -1,206 -225
Cash Fr. Inv. -610 -394 3,084 -107 -37 -30 -492 -297 -43 -259
Cash Fr. Finan. 1,276 730 1,237 1,110 -957 984 345 1,044 1,326 414
Net Change -44 -6 135 -164 85 -71 7 14 77 -70
Cash & Cash Eqvt 134 128 263 99 169 98 105 120 197 127

Shareholding Pattern View Details

9 Qtrs 2020-03 (%) 2020-06 (%) 2020-09 (%) 2020-12 (%) 2021-03 (%) 2021-06 (%) 2021-09 (%) 2021-12 (%) 2022-03 (%)
Promoter 56.89 56.89 56.89 56.25 56.89 56.25 56.89 56.89 56.89
Public 43.11 43.11 43.11 42.63 43.11 42.63 43.11 43.11 43.11
Depository Receipts 0.00 0.00 0.00 1.12 0.00 1.12 0.00 0.00 0.00
Promoter Holding Pledge (%) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Announcements View Details

Fri, 20 May 2022
Announcement under Regulation 30 (LODR)-Change in Directorate
Compliance with Regulation 30 of SEBI (LODR) 2015 - Resume of Shri Premjit Lal Government Nominee Director of MTNL
Fri, 20 May 2022
Shareholder Meeting / Postal Ballot-Notice of Postal Ballot
COMPLIANCE WITH REGULATION 30 OF SEBI (LODR) 2015 -REVISED POSTAL BALLOT NOTICE
Wed, 18 May 2022
Announcement under Regulation 30 (LODR)-Change in Directorate
Compliance of Regulation 30 of SEBI (LODR) 2015- Disclosure of Events or Information - Change in Directorship reg

Technical Scans View Details

Fri, 20 May 2022
Closing Above Previous High Closing Above Previous High
High Decrease 1 Month High Decrease 1 Month
High Increase 6 Months High Increase 6 Months
High Increase 2 Years High Increase 2 Years
William %R Bullish William %R Bullish

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