Mahanagar Telephone Nigam Limited (MTNL) — Net Asset Quality Index
Mahanagar Telephone Nigam Limited (MTNL) has a Net Asset Quality Index of -301.6% as of September 2025. This metric measures the proportion of total assets financed by shareholders' equity — total assets of Rs95.48 Billion minus total liabilities of Rs383.47 Billion yields net assets of Rs-287.99 Billion. A higher index indicates a stronger, lower-leverage balance sheet. Check Mahanagar Telephone Nigam Limited cash earnings quality to evaluate the quality of earnings relative to operating cash generation.
Quality Index
Net Assets
Total Assets
Total Liabilities
Mahanagar Telephone Nigam Limited Net Asset Quality Index Over Time (1999–2025)
This chart shows how Mahanagar Telephone Nigam Limited's Net Asset Quality Index has evolved across 27 annual periods from 1999 to 2025. As of September 2025, the index stands at -301.6%, representing net assets of Rs-287.99 Billion against total assets of Rs95.48 Billion INR. See shareholders equity of Mahanagar Telephone Nigam Limited for net asset value and shareholders' equity analysis.
Annual Net Asset Quality Index for Mahanagar Telephone Nigam Limited (1999–2025)
The table below presents the year-by-year Net Asset Quality Index for Mahanagar Telephone Nigam Limited from 1999 to 2025, covering 27 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. For live market cap and overall valuation, see MTNL stock market capitalisation.
| Year | Quality Index | Net Assets (INR) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2025 | -263.2% | Rs-269.19 Billion | Rs102.26 Billion | Rs371.45 Billion | ▼ -42.6 pp |
| 2024 | -220.6% | Rs-236.44 Billion | Rs107.17 Billion | Rs343.61 Billion | ▼ -41.5 pp |
| 2023 | -179.1% | Rs-208.55 Billion | Rs116.44 Billion | Rs324.99 Billion | ▼ -27.5 pp |
| 2022 | -151.6% | Rs-186.68 Billion | Rs123.17 Billion | Rs309.85 Billion | ▼ -31.6 pp |
| 2021 | -120.0% | Rs-160.45 Billion | Rs133.75 Billion | Rs294.20 Billion | ▼ -38.6 pp |
| 2020 | -81.4% | Rs-135.82 Billion | Rs166.88 Billion | Rs302.70 Billion | ▼ -15.2 pp |
| 2019 | -66.2% | Rs-97.28 Billion | Rs147.05 Billion | Rs244.32 Billion | ▼ -27.2 pp |
| 2018 | -39.0% | Rs-63.37 Billion | Rs162.50 Billion | Rs225.87 Billion | ▼ -19.9 pp |
| 2017 | -19.1% | Rs-33.74 Billion | Rs176.93 Billion | Rs210.67 Billion | ▼ -19.1 pp |
| 2016 | 0.1% | Rs191.50 Million | Rs261.51 Billion | Rs261.32 Billion | ▼ -7.6 pp |
| 2015 | 7.7% | Rs20.59 Billion | Rs268.90 Billion | Rs248.32 Billion | ▼ -10.7 pp |
| 2014 | 18.3% | Rs50.43 Billion | Rs275.15 Billion | Rs224.73 Billion | ▲ +28.9 pp |
| 2013 | -10.6% | Rs-27.88 Billion | Rs264.00 Billion | Rs291.88 Billion | ▼ -4.8 pp |
| 2012 | -5.8% | Rs-13.90 Billion | Rs239.61 Billion | Rs253.51 Billion | ▼ -17.1 pp |
| 2011 | 11.3% | Rs27.77 Billion | Rs245.05 Billion | Rs217.28 Billion | ▼ -8.0 pp |
| 2010 | 19.3% | Rs60.67 Billion | Rs313.71 Billion | Rs253.04 Billion | ▼ -25.2 pp |
| 2009 | 44.6% | Rs88.79 Billion | Rs199.31 Billion | Rs110.51 Billion | ▼ -1.1 pp |
| 2008 | 45.7% | Rs88.36 Billion | Rs193.44 Billion | Rs105.08 Billion | ▼ -4.0 pp |
| 2007 | 49.7% | Rs89.08 Billion | Rs179.38 Billion | Rs90.29 Billion | ▲ +2.4 pp |
| 2006 | 47.3% | Rs80.61 Billion | Rs170.44 Billion | Rs89.83 Billion | ▲ +0.1 pp |
| 2005 | 47.1% | Rs83.41 Billion | Rs176.90 Billion | Rs93.49 Billion | ▲ +1.2 pp |
| 2004 | 45.9% | Rs80.78 Billion | Rs175.92 Billion | Rs95.14 Billion | ▼ -4.5 pp |
| 2003 | 50.4% | Rs76.45 Billion | Rs151.75 Billion | Rs75.31 Billion | ▲ +1.6 pp |
| 2002 | 48.8% | Rs81.03 Billion | Rs166.15 Billion | Rs85.12 Billion | ▼ -13.5 pp |
| 2001 | 62.3% | Rs137.61 Billion | Rs220.84 Billion | Rs83.22 Billion | ▲ +4.4 pp |
| 2000 | 57.9% | Rs116.47 Billion | Rs201.21 Billion | Rs84.74 Billion | ▲ +22.3 pp |
| 1999 | 35.6% | Rs48.87 Billion | Rs137.16 Billion | Rs88.28 Billion | — |