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- Mahanagar Telephone Nigam
Mahanagar Telephone Nigam Valuation Multiples
Discover revenue and EBITDA valuation multiples for Mahanagar Telephone Nigam and similar public comparables like LICT, Tucows, Hathway, Crexendo and more.
Mahanagar Telephone Nigam Overview
About Mahanagar Telephone Nigam
Mahanagar Telephone Nigam Ltd is an India-based company that provides telecommunications services. The company's operating segment includes the Basic and Cellular segments. It generates maximum revenue from the Basic segment. The company offers various telecom services, including fixed telephone service, GSM (including 3G services), Internet, Broadband, ISDN, and Leased Line services.
Founded
1986
HQ

Employees
3.0K
Website
Sectors
Financials (FY)
EV
$3B
Mahanagar Telephone Nigam Financials
Mahanagar Telephone Nigam reported last fiscal year revenue of $72M and negative EBITDA of ($6M).
In the same fiscal year, Mahanagar Telephone Nigam generated $58M in gross profit, ($6M) in EBITDA losses, and had net loss of ($363M).
Mahanagar Telephone Nigam P&L
In the most recent fiscal year, Mahanagar Telephone Nigam reported revenue of $72M and EBITDA of ($6M).
Mahanagar Telephone Nigam expects next 12-month revenue of XXX and NTM EBITDA of XXX
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue | — | XXX | $72M | XXX | XXX | XXX |
| Gross Profit | — | XXX | $58M | XXX | XXX | XXX |
| Gross Margin | — | XXX | 80% | XXX | XXX | XXX |
| EBITDA | — | XXX | ($6M) | XXX | XXX | XXX |
| EBITDA Margin | — | XXX | (8%) | XXX | XXX | XXX |
| EBIT Margin | — | XXX | (142%) | XXX | XXX | XXX |
| Net Profit | — | XXX | ($363M) | XXX | XXX | XXX |
| Net Margin | — | XXX | (502%) | XXX | XXX | XXX |
| Net Debt | — | — | $4B | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
Mahanagar Telephone Nigam Stock Performance
Mahanagar Telephone Nigam has current market cap of $194M, and enterprise value of $3B.
Market Cap Evolution
Mahanagar Telephone Nigam's stock price is $0.31.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $3B | $194M | 0.4% | XXX | XXX | XXX | $-0.58 |
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Start Free TrialMahanagar Telephone Nigam Valuation Multiples
Mahanagar Telephone Nigam trades at 47.7x EV/Revenue multiple, and (569.6x) EV/EBITDA.
Mahanagar Telephone Nigam Financial Valuation Multiples
As of March 7, 2026, Mahanagar Telephone Nigam has market cap of $194M and EV of $3B.
Equity research analysts estimate Mahanagar Telephone Nigam's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
Mahanagar Telephone Nigam has a P/E ratio of (0.5x).
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $194M | XXX | $194M | XXX | XXX | XXX |
| EV (current) | $3B | XXX | $3B | XXX | XXX | XXX |
| EV/Revenue | — | XXX | 47.7x | XXX | XXX | XXX |
| EV/EBITDA | — | XXX | (569.6x) | XXX | XXX | XXX |
| EV/EBIT | — | XXX | (33.7x) | XXX | XXX | XXX |
| EV/Gross Profit | — | XXX | 59.4x | XXX | XXX | XXX |
| P/E | — | XXX | (0.5x) | XXX | XXX | XXX |
| EV/FCF | — | XXX | 104.0x | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified Mahanagar Telephone Nigam Valuation Multiples
Access all public comps and forward-looking valuation multiples like EV/Revenue in 2027, based on consensus analyst estimates. Powered by FactSet and Morningstar.


Mahanagar Telephone Nigam Margins & Growth Rates
Mahanagar Telephone Nigam's revenue in the last fiscal year declined by (4%).
Mahanagar Telephone Nigam Operational Valuation Multiples
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue Growth | — | XXX | (4%) | XXX | XXX | XXX |
| EBITDA Margin | — | XXX | (8%) | XXX | XXX | XXX |
| EBITDA Growth | — | XXX | (21%) | XXX | XXX | XXX |
| S&M Expenses to Revenue | — | XXX | 0% | XXX | XXX | XXX |
| G&A Expenses to Revenue | — | XXX | 1% | XXX | XXX | XXX |
| Opex to Revenue | — | XXX | 222% | XXX | XXX | XXX |
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Mahanagar Telephone Nigam Public Comps
See public comps and valuation multiples for other Telecom Service Providers comps.
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Mahanagar Telephone Nigam M&A Activity
Mahanagar Telephone Nigam acquired XXX companies to date.
Last acquisition by Mahanagar Telephone Nigam was on XXXXXXXX, XXXXX. Mahanagar Telephone Nigam acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Acquisitions by Mahanagar Telephone Nigam
| Acquired Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
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Start Free TrialMahanagar Telephone Nigam Investment Activity
Mahanagar Telephone Nigam invested in XXX companies to date.
Mahanagar Telephone Nigam made its latest investment on XXXXXXXX, XXXXX. Mahanagar Telephone Nigam invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Investments by Mahanagar Telephone Nigam
| Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
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Start Free TrialAbout Mahanagar Telephone Nigam
| When was Mahanagar Telephone Nigam founded? | Mahanagar Telephone Nigam was founded in 1986. |
| Where is Mahanagar Telephone Nigam headquartered? | Mahanagar Telephone Nigam is headquartered in India. |
| How many employees does Mahanagar Telephone Nigam have? | As of today, Mahanagar Telephone Nigam has over 3K employees. |
| Is Mahanagar Telephone Nigam publicly listed? | Yes, Mahanagar Telephone Nigam is a public company listed on National Stock Exchange of India. |
| What is the stock symbol of Mahanagar Telephone Nigam? | Mahanagar Telephone Nigam trades under MTNL ticker. |
| When did Mahanagar Telephone Nigam go public? | Mahanagar Telephone Nigam went public in 1999. |
| Who are competitors of Mahanagar Telephone Nigam? | Mahanagar Telephone Nigam main competitors are LICT, Tucows, Hathway, Crexendo. |
| What is the current market cap of Mahanagar Telephone Nigam? | Mahanagar Telephone Nigam's current market cap is $194M. |
| What is the current revenue of Mahanagar Telephone Nigam? | Mahanagar Telephone Nigam's last fiscal year revenue is $72M. |
| What is the current EV/Revenue multiple of Mahanagar Telephone Nigam? | Current revenue multiple of Mahanagar Telephone Nigam is 47.7x. |
| Is Mahanagar Telephone Nigam profitable? | No, Mahanagar Telephone Nigam is not profitable. |
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