Mahanagar Telephone Nigam Limited (MTNL) - Net Assets

Latest as of September 2025: Rs-287.99 Billion INR ≈ $-3.11 Billion USD

Based on the latest financial reports, Mahanagar Telephone Nigam Limited (MTNL) has net assets worth Rs-287.99 Billion INR (≈ $-3.11 Billion USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs95.48 Billion ≈ $1.03 Billion USD) and total liabilities (Rs383.47 Billion ≈ $4.15 Billion USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check Mahanagar Telephone Nigam Limited (MTNL) strategic investment index to assess the company's strategic physical and investment asset allocation.

Key Net Assets Metrics

Metric	Value
Current Net Assets	Rs-287.99 Billion
% of Total Assets	-301.62%
Annual Growth Rate	N/A
5-Year Change	N/A
10-Year Change	-140669.03%
Growth Volatility	4284.95

Mahanagar Telephone Nigam Limited - Net Assets Trend (1999–2025)

This chart illustrates how Mahanagar Telephone Nigam Limited's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see Mahanagar Telephone Nigam Limited (MTNL) market capitalisation.

Annual Net Assets for Mahanagar Telephone Nigam Limited (1999–2025)

The table below shows the annual net assets of Mahanagar Telephone Nigam Limited from 1999 to 2025. Also explore net asset momentum of Mahanagar Telephone Nigam Limited to track the company's year-over-year net asset growth rate.

Year	Net Assets	Change
2025-03-31	Rs-269.19 Billion ≈ $-2.91 Billion	-13.85%
2024-03-31	Rs-236.44 Billion ≈ $-2.56 Billion	-13.37%
2023-03-31	Rs-208.55 Billion ≈ $-2.26 Billion	-11.71%
2022-03-31	Rs-186.68 Billion ≈ $-2.02 Billion	-16.35%
2021-03-31	Rs-160.45 Billion ≈ $-1.74 Billion	-18.13%
2020-03-31	Rs-135.82 Billion ≈ $-1.47 Billion	-39.62%
2019-03-31	Rs-97.28 Billion ≈ $-1.05 Billion	-53.50%
2018-03-31	Rs-63.37 Billion ≈ $-685.36 Million	-87.84%
2017-03-31	Rs-33.74 Billion ≈ $-364.87 Million	-17718.12%
2016-03-31	Rs191.50 Million ≈ $2.07 Million	-99.07%
2015-03-31	Rs20.59 Billion ≈ $222.63 Million	-59.18%
2014-03-31	Rs50.43 Billion ≈ $545.35 Million	+280.86%
2013-03-31	Rs-27.88 Billion ≈ $-301.53 Million	-100.60%
2012-03-31	Rs-13.90 Billion ≈ $-150.31 Million	-150.05%
2011-03-31	Rs27.77 Billion ≈ $300.33 Million	-54.22%
2010-03-31	Rs60.67 Billion ≈ $656.09 Million	-31.67%
2009-03-31	Rs88.79 Billion ≈ $960.24 Million	+0.49%
2008-03-31	Rs88.36 Billion ≈ $955.58 Million	-0.81%
2007-03-31	Rs89.08 Billion ≈ $963.40 Million	+10.51%
2006-03-31	Rs80.61 Billion ≈ $871.74 Million	-3.36%
2005-03-31	Rs83.41 Billion ≈ $902.01 Million	+3.25%
2004-03-31	Rs80.78 Billion ≈ $873.61 Million	+5.67%
2003-03-31	Rs76.45 Billion ≈ $826.73 Million	-5.66%
2002-03-31	Rs81.03 Billion ≈ $876.32 Million	-41.12%
2001-03-31	Rs137.61 Billion ≈ $1.49 Billion	+18.15%
2000-03-31	Rs116.47 Billion ≈ $1.26 Billion	+138.32%
1999-03-31	Rs48.87 Billion ≈ $528.54 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Mahanagar Telephone Nigam Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.

Equity Composition Insights

Retained earnings have decreased by 29748260000000.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (March 2025)

Component	Amount	Percentage
Common Stock	Rs6.30 Billion	%
Other Comprehensive Income	Rs-275.49 Billion	%
Other Components	Rs297.48 Billion	%
Total Equity	Rs-269.19 Billion	100.00%

Mahanagar Telephone Nigam Limited Competitors by Market Cap

The table below lists competitors of Mahanagar Telephone Nigam Limited ranked by their market capitalization.

Company	Market Cap
Bahvest Resources Bhd KLSE:0098	$162.35 Million
AAPICO Hitech Public Company Limited BK:AH	$162.37 Million
BANK OF JIUJIANG H YC1 F:BJ8	$162.41 Million
Phuoc Hoa Rubber JSC VN:PHR	$162.42 Million
Harvard Ave Acquisition Corporation Class A Ordinary Share NASDAQ:HAVA	$162.09 Million
Curiositystream Inc. NASDAQ:CURI	$162.07 Million
Chant Sincere Co Ltd TW:6205	$162.03 Million
Thong Guan Industries Bhd KLSE:7034	$162.03 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Mahanagar Telephone Nigam Limited's equity between the two most recent reporting periods.

Equity Growth Insights

From 2024 to 2025, total equity changed from -236,441,000,000 to -269,189,700,000, a change of -32,748,700,000.
Net loss of 33,276,900,000 reduced equity.
Other comprehensive income decreased equity by 275,430,100,000.
Other factors increased equity by 275,958,300,000.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	Rs-33.28 Billion	-12.36%
Other Comprehensive Income	Rs-275.43 Billion	-102.32%
Other Changes	Rs275.96 Billion	+102.51%
Total Change	Rs-	%

Book Value vs Market Value Analysis

This analysis compares Mahanagar Telephone Nigam Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.

Valuation Insights

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
1999-03-31	Rs77.58	Rs23.80	x
2000-03-31	Rs184.89	Rs23.80	x
2001-03-31	Rs218.44	Rs23.80	x
2002-03-31	Rs128.62	Rs23.80	x
2003-03-31	Rs121.35	Rs23.80	x
2004-03-31	Rs128.23	Rs23.80	x
2005-03-31	Rs132.39	Rs23.80	x
2006-03-31	Rs127.95	Rs23.80	x
2007-03-31	Rs141.41	Rs23.80	x
2008-03-31	Rs140.26	Rs23.80	x
2009-03-31	Rs140.94	Rs23.80	x
2010-03-31	Rs96.30	Rs23.80	x
2011-03-31	Rs44.08	Rs23.80	x
2012-03-31	Rs-22.06	Rs23.80	x
2013-03-31	Rs-44.26	Rs23.80	x
2014-03-31	Rs80.05	Rs23.80	x
2015-03-31	Rs32.68	Rs23.80	x
2016-03-31	Rs0.30	Rs23.80	x
2017-03-31	Rs-53.56	Rs23.80	x
2018-03-31	Rs-100.60	Rs23.80	x
2019-03-31	Rs-154.41	Rs23.80	x
2020-03-31	Rs-215.59	Rs23.80	x
2021-03-31	Rs-254.68	Rs23.80	x
2022-03-31	Rs-296.33	Rs23.80	x
2023-03-31	Rs-331.04	Rs23.80	x
2024-03-31	Rs-375.30	Rs23.80	x
2025-03-31	Rs-427.25	Rs23.80	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Mahanagar Telephone Nigam Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.

Capital Efficiency Insights

Current Return on Equity (ROE): 0.00%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: -476.73%
• Asset Turnover: 0.07x
• Equity Multiplier: 0.00x
Recent ROE (0.00%) is above the historical average (-391.65%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
1999	15.69%	0.00%	0.00x	2.81x	Rs2.78 Billion
2000	7.76%	0.00%	0.00x	1.73x	Rs-2.60 Billion
2001	8.93%	20.71%	0.27x	1.60x	Rs-1.47 Billion
2002	10.98%	15.15%	0.35x	2.05x	Rs792.90 Million
2003	8.06%	10.56%	0.38x	1.99x	Rs-1.48 Billion
2004	6.18%	8.17%	0.35x	2.18x	Rs-3.09 Billion
2005	4.03%	6.70%	0.28x	2.12x	Rs-4.98 Billion
2006	1.33%	2.29%	0.27x	2.11x	Rs-6.99 Billion
2007	12.71%	24.83%	0.25x	2.01x	Rs2.41 Billion
2008	2.76%	5.46%	0.23x	2.19x	Rs-6.40 Billion
2009	1.29%	2.73%	0.21x	2.24x	Rs-7.74 Billion
2010	-42.12%	-71.95%	0.11x	5.17x	Rs-31.62 Billion
2011	-118.45%	-89.44%	0.15x	8.82x	Rs-35.67 Billion
2012	0.00%	-123.03%	0.14x	0.00x	Rs-40.28 Billion
2013	0.00%	-152.22%	0.13x	0.00x	Rs-50.43 Billion
2014	155.09%	225.01%	0.13x	5.46x	Rs73.16 Billion
2015	-140.93%	-82.97%	0.13x	13.06x	Rs-31.07 Billion
2016	-10507.78%	-60.91%	0.13x	1365.57x	Rs-20.14 Billion
2017	0.00%	-98.88%	0.17x	0.00x	Rs-25.99 Billion
2018	0.00%	-125.34%	0.15x	0.00x	Rs-23.39 Billion
2019	0.00%	-162.47%	0.14x	0.00x	Rs-24.15 Billion
2020	0.00%	-227.51%	0.10x	0.00x	Rs-23.36 Billion
2021	0.00%	-177.36%	0.10x	0.00x	Rs-8.57 Billion
2022	0.00%	-226.55%	0.09x	0.00x	Rs-7.36 Billion
2023	0.00%	-311.70%	0.08x	0.00x	Rs-8.30 Billion
2024	0.00%	-409.18%	0.07x	0.00x	Rs-9.03 Billion
2025	0.00%	-476.73%	0.07x	0.00x	Rs-6.36 Billion

Industry Comparison

This section compares Mahanagar Telephone Nigam Limited's net assets metrics with peer companies in the Telecom Services industry.

Industry Context

Industry: Telecom Services
Average net assets among peers: $-46,957,809,595
Average return on equity (ROE) among peers: 8.31%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Mahanagar Telephone Nigam Limited (MTNL)	Rs-287.99 Billion	15.69%	N/A	$162.15 Million
Bharti Hexacom Ltd (BHARTIHEXA)	$46.39 Billion	10.87%	2.99x	$8.33 Billion
Indus Towers Limited (INDUSTOWER)	$396.46 Billion	18.02%	0.80x	$10.72 Billion
OnMobile Global Limited (ONMOBILE)	$8.32 Billion	10.42%	0.35x	$56.12 Million
Railtel Corporation Of India Limited (RAILTEL)	$12.89 Billion	8.66%	0.73x	$919.77 Million
Reliance Communications Limited (RCOM)	$-821.36 Billion	0.00%	0.00x	$27.30 Million
ROUTE MOBILE LIMITED (ROUTE)	$28.22 Billion	8.47%	0.26x	$316.42 Million
Uniinfo Telecom Services Limited (UNIINFO)	$383.16 Million	1.70%	0.20x	$1.30 Million

About Mahanagar Telephone Nigam Limited

NSE:MTNL India Telecom Services

Market Cap

$162.15 Million

Rs14.99 Billion INR

Market Cap Rank

#17436 Global

#925 in India

Share Price

Rs23.80

Change (1 day)

+0.13%

52-Week Range

Rs21.47 - Rs44.71

All Time High

Rs97.08