AI Summary
✦ ClarthaMahanagar Telephone Nigam Limited is an Indian telecom services company serving Delhi and Mumbai. Basic and Other Services generate voice, internet, international long-distance, ICT, cloud, hosting, and infrastructure-sharing revenue. Cellular Services adds mobile, roaming, and related connectivity revenue. Improving margins contrast with a 15.3% year-on-year revenue decline, indicating cost benefits amid weaker operating scale. Margin improvement supports earnings, which rose 6.6%, but ROE is unavailable, limiting returns assessment. Reported defaults on principal and interest payments highlight material liquidity and funding risk. A government nominee director appointment may improve oversight, but does not resolve operating or financial pressures. P/E is unavailable, preventing a valuation judgment; investor focus should remain on cash generation, debt servicing, and revenue stabilization.
Price Forecast
Probabilistic Range
Probabilistic lognormal cone using 1Y realized volatility and analyst-target drift when available.
Revenue Forecast
₹ CrEPS Forecast
₹ / shareMulti-factor synthesis of 5 key dimensions
Analyst coverage unavailable
Fundamentals
Fundamentals institutional score is 100 using growth durability 100.0.
Valuation
Valuation institutional score is 79 using relative multiple z-scores where peer dispersion is available.
Analyst Consensus
No usable analyst target or recommendation data was available.
Technical Structure
Technicals institutional score is 94 using EMA-20 continuation within 5% tolerance; VCP range/volume contraction proxy.
Market Sentiment
Recent news flow is balanced or not decisive enough to tilt the tape. Based on 9 recent ticker-linked news items.
Signal Summary
Market intelligence remains Supportive. fundamentals and valuation provide support.
Composite weights: Fundamentals 25%, Valuation 20%, Analyst Consensus 20%, Technical Structure 20%, Market Sentiment 15%.
Key Data Points
Important Note: This is market intelligence, not investment advice. Always conduct your own research and consider your financial goals and risk tolerance.
Valuation Metrics
Forward outlook is unavailable because live next-12-month estimate data is not available for this ticker right now.
5Y Average
2.19
Current
1.81
Overvalued
2.52
Undervalued
1.86
5Y Average
96.83
Current
82.17
Overvalued
125.84
Undervalued
67.28
Peers & Comparison
Sector: Communication Services · Theme: Telecom Services
| Company | Rev. Growth | Margin | P/E | vs Avg | 52W Perf. |
|---|---|---|---|---|---|
TATA TELESERV(MAHARASTRA) TTMLTelecom Services | +6.1% | 3.2% | 205.4x Fair | 0% vs avg | -33.4% |
MAHANAGAR TELEPHONE NIGAM is compared against the Telecom Services cohort. Peers include TATA TELESERV(MAHARASTRA) — selected based on business model, industry classification, market cap similarity, and business theme alignment.
Financials
Real statement data for revenue, earnings quality, conversion, and balance-sheet coverage. Monetary values are shown in Rs crore.
Latest revenue
₹350 CrMar 2026Latest net profit
₹-304 CrMar 2026Latest EPS
₹-4.83Mar 2026Net margin
17.0%Mar 2026Performance
Bars show revenue and net profit. The line shows net margin.
- Revenue
- Net income
- Net margin %
Earnings
Revenue is shown in crores. EPS is rupees per share.
- Revenue
- EPS
Revenue to profit conversion
Bridge from operating numbers to profit for the latest reported period.
Latest reported period: Mar 2026
Debt level and coverage
Debt, cash and free cash flow compared on the same crore scale.
- Debt
- Free cash flow
- Cash & equivalents
Results
| Metric | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 202 | 185 | 182 | 169 | 193 | 169 | 251 | 239 | 258 | 145 | 174 | 191 | 350 |
| Expenses + | 328 | 339 | 316 | 299 | 304 | 280 | 278 | 280 | 274 | 236 | 283 | 222 | 290 |
| Operating Profit | -126 | -154 | -134 | -130 | -112 | -111 | -27 | -40 | -16 | -91 | -109 | -31 | 60 |
| OPM % | -62% | -84% | -74% | -77% | -58% | -65% | -11% | -17% | -6% | -63% | -62% | -16% | 17% |
| Other Income + | 199 | 112 | 174 | 142 | 145 | 198 | 60 | 79 | 53 | 47 | 31 | 20 | 510 |
| Interest | 641 | 645 | 665 | 691 | 689 | 705 | 769 | 728 | 716 | 754 | 742 | 749 | 738 |
| Depreciation | 178 | 163 | 168 | 163 | 162 | 154 | 152 | 147 | 148 | 142 | 139 | 139 | 136 |
| Profit before tax | -746 | -850 | -793 | -842 | -818 | -772 | -888 | -836 | -827 | -941 | -959 | -898 | -304 |
| Tax % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Net Profit + | -746 | -850 | -793 | -842 | -818 | -772 | -888 | -836 | -827 | -941 | -959 | -898 | -304 |
| EPS in Rs | -11.84 | -13.49 | -12.58 | -13.36 | -12.98 | -12.25 | -14.10 | -13.27 | -13.13 | -14.94 | -15.22 | -14.26 | -4.83 |
| Raw PDF |
All values in ₹ Crores unless otherwise stated. Source: Screener Master (Standalone).
Events Timeline
COMPLIANCE OF REGULATION 30 & 51 OF THE SEBI (LODR) REGULATIONS, 2015 - DISCLOSURE OF EVENTS OR INFORMATION - DISCLOSURE REGARDING ORDER OF HON'BLE BOMBAY HIGH COURT IN LAND ACQUISITION REFERENCE NO. 4 OF 1999 REGARDING MTNL PROPERTY AT PAHADI, GOREGAON(EAST), MUMBAI
Disclosures By Listed Entities Of Defaults On Payment Of Interest/ Repayment Of Principal Amount For Loans Including Revolving Facilities Like Cash Credit From Banks / Financial Institutions
COMPLIANCE OF REGULATION 30 & 51 OF SEBI (LODR) REGULATIONS, 2015- DISCLOSURE OF EVENTS OR INFORMATION - APPOINTMENT OF GOVERNMENT NOMINEE DIRECTORS
COMPLIANCE OF REGULATION 30 & 51 OF SEBI (LODR) REGULATIONS, 2015- DISCLOSURE OF EVENTS OR INFORMATION - DISCLOSURE OF IMPOSITION OF FINES OR PENALTIES BY TRAI