by MTNL share price target 2025 to 2030 : Today we will discuss MTNL Share Price Target 2024, 2025, 2030 to assist investors in making profits with this company in the near future. MTNL stands for Mahanagar Telephone Nigam Limited; it was formed as a government telecom provider back in 1986.
As soon as the Government of India gave assurances of improving telecom service quality and expansion permission for this telecom company that mostly operates out of Delhi and Mumbai cities – an established name within telecom – this venture immediately received a permit to expand their network further.
Company Overview for MTNL (Mineral Testing & National Leaking Solutions Ltd).
MTNL Company Overview Its With fluctuating performance and financial challenges being experienced by them, MTNL are making changes in their strategy by merging with BSNL for participation in 5G services; concurrently their growth continues with better cost management measures being put in place within their company.
Fixed Line Services: MTNL has expanded their land service offering voice and data connectivity within Delhi and Mumbai.
Broadband Services: MTNL’s fibre network continues to expand. Enterprise Solutions: This company offers their services to large organizations by offering Leased Line solutions such as ISDN, MPLS VPNs and Internet Leased Line services.
| Company Name | Mahanagar Telephone Nigam Ltd (MTNL) |
|---|---|
| Founded | 1986 |
| Headquarters | New Delhi |
| Industry | Metals and mining |
| CEO | Sunil Kumar |
| Stock Exchange Listing | NSE & BSE |
| Official Website | mtnl.net.in |
MTNL Fundamental Analysis
It is a public company with a market cap in the amount of Rs1,73,132.43 crore. The company’s returns on equity (ROE) is 9.81 percentage, and its return on capital employed (ROCE) has been set at 16.03 percent. In terms of Price to Earnings (P/E) ratio stands at 9.66 The Price-to-Book (P/B) ratio of 2.3. The dividend payout is 6.66 per cent, based on a price of Rs192.67 and an amount of face value of 1. Furthermore, the Earnings per Share (EPS) for the last 12 months (TTM) is Rs45.85. MTNL share price target
| Metric | Value |
|---|---|
| Market Cap | ₹1,73,132.43 Cr. |
| ROE | 9.81% |
| ROCE | 16.03% |
| P/E | 9.66 |
| P/B | 2.3 |
| Div. Yield | 6.66% |
| Book Value | ₹192.67 |
| Face Value | ₹1 |
| EPS (TTM) | ₹45.85 |
MTNL Limited Financials
Income Statement
In 2024, the firm announced a total revenue of Rs8.26 billion, which is an annual (Y/Y) decrease of 14.31 percentage. Operating expenses totaled Rs6.49 billion, which was down 14.95 percent. The company reported an income loss net that was Rs32.68 billion, which is an 12.09 percentage decline. Net profit margin decreased to -395.71 percent, which is a decrease of 30.81 percentage. Earnings per share (EPS) information is not available. EBITDA (Earnings before Interest, Taxes, Amortization and Amortization) reported an loss of Rs442.50 million. This is an impressive reduction of 222.34 percent. Effective tax rates were reported as 0.01 percent, but there was zero comparative changes reported.
| Metric | 2024 | Y/Y Change |
|---|---|---|
| Revenue | ₹8.26B | -14.31% |
| Operating Expense | ₹6.49B | -14.95% |
| Net Income | ₹-32.68B | -12.09% |
| Net Profit Margin | -395.71% | -30.81% |
| Earnings Per Share | — | — |
| EBITDA | ₹-442.50M | -222.34% |
| Effective Tax Rate | 0.01% | — |
Balance Sheet
The company’s cash and short term investments in 2024 were Rs1.08billion, a decline from year to year (Y/Y). The total assets decreased by 7.96% to Rs107.17billion. The total liabilities reached Rs343.61billion, an increase of 5.73 %. No comparative changes were reported for the company’s equity, which stood at Rs 236.44 Billion. The number of shares outstanding was 630 millions, and no change in the Y/Y comparison has been noted. Price-to-book was recorded as -0.12, but there is no comparison from year to year. Return on Assets was -3.70 % and return on Capital was -5.91 %, but no comparable figures were provided.
| Metric | 2024 | Y/Y Change |
|---|---|---|
| Cash and Short-term Investments | ₹1.08B | -34.83% |
| Total Assets | ₹107.17B | -7.96% |
| Total Liabilities | ₹343.61B | +5.73% |
| Total Equity | ₹-236.44B | — |
| Shares Outstanding | 630.00M | — |
| Price to Book | -0.12 | — |
| Return on Assets | -3.70% | — |
| Return on Capital | -5.91% | — |
Cash Flow
The company’s net loss in 2024 was Rs 32.68 billion. This represents a decline from year to year (Y/Y). Cash flow from operations grew by 103.76% to Rs1.30 billion. Meanwhile, cash flows from investments jumped 161.78% and totaled Rs1.07billion. Cash from financing, however, fell sharply, by 280.04% and totaled Rs-3.19billion. Cash was down Rs813.20m, or 221.16% Y/Y. The free cash flow was Rs. 9.36 billion. This represents a decrease of 1.87 % compared with the prior year. MTNL share price target
| Metric | 2024 | Y/Y Change |
|---|---|---|
| Net Income | ₹-32.68B | -12.09% |
| Cash from Operations | ₹1.30B | +103.76% |
| Cash from Investing | ₹1.07B | +161.78% |
| Cash from Financing | ₹-3.19B | -280.04% |
| Net Change in Cash | ₹-813.20M | -221.16% |
| Free Cash Flow | ₹-9.36B | -1.87% |
MTNL Share Price Target From 2025 To 2030, 2035, 2040, 2050
Over the coming years, Mahanagar Telephone Nigam Ltd (MTNL)’s target share prices will increase incrementally as follows: In 2025, their target share price will increase gradually to Rs62.92 before rising further to Rs72.05. By 2027, it should reach Rs79.70 with further growth to Rs94.15 by 2028; by 2029 they should have hit Rs107.30 which by 2030 may have reached Rs131.12. 2035’s long-term target share price is set at Rs251.29 before rising further to Rs491.53 by 2040 with further increases predicted up until Rs731.13 by 2050!
| Year | Share Price Target |
|---|---|
| 2025 | ₹62.92 |
| 2026 | ₹72.05 |
| 2027 | ₹79.70 |
| 2028 | ₹94.15 |
| 2029 | ₹107.30 |
| 2030 | ₹131.12 |
| 2035 | ₹251.29 |
| 2040 | ₹491.53 |
| 2050 | ₹731.13 |
MTNL Share Price Target 2024
MTNL share prices could soar in 2024 if its turnaround strategy and receiving government assistance succeed. Based on current patterns and modest growth projections, we forecast an estimated range of Rs30-Rs100 by the year 2024. MTNL share price target
| Year | Minimum Price (₹) | Maximum Price (₹) |
|---|---|---|
| 2024 | 30 | 100 |
| Month | Minimum Price (₹) | Maximum Price (₹) |
|---|---|---|
| January | 30 | 60 |
| February | 37 | 63 |
| March | 39 | 75 |
| April | 42 | 80 |
| May | 42 | 90 |
| June | 45 | 95 |
| July | 49 | 100 |
| August | 50 | 90 |
| September | 54 | 80 |
| October | 53 | 75 |
| November | 55 | 75 |
| December | 55 | 80 |
MTNL Share Price Target 2025
By 2025, we predict MTNL finances and market position may improve significantly, with share prices likely in the range of Rs50-120 predicted if capitalizing on rising telecom demand while undertaking cost cutting initiatives is implemented by management.
| Year | Minimum Price (₹) | Maximum Price (₹) |
|---|---|---|
| 2025 | 50 | 120 |
| Month | Minimum Price (₹) | Maximum Price (₹) |
|---|---|---|
| January | 50 | 102 |
| February | 55 | 104 |
| March | 58 | 106 |
| April | 60 | 108 |
| May | 61 | 110 |
| June | 63 | 112 |
| July | 65 | 114 |
| August | 67 | 116 |
| September | 70 | 118 |
| October | 71 | 120 |
| November | 69 | 120 |
| December | 68 | 120 |
MTNL Share Price Target 2030
Forecasting 2030 share prices requires taking into account long term industry trends, technological developments and company market adaptability. If MTNL successfully overcomes challenges and takes advantage of growth opportunities we project that the share prices could range between Rs200-Rs250 in 2030. MTNL share price target
Here is the content in table form:
| Year | Minimum Price (₹) | Maximum Price (₹) |
|---|---|---|
| 2030 | 200 | 250 |
| Month | Minimum Price (₹) | Maximum Price (₹) |
|---|---|---|
| January | 200 | 205 |
| February | 205 | 210 |
| March | 210 | 215 |
| April | 215 | 220 |
| May | 220 | 225 |
| June | 225 | 230 |
| July | 230 | 235 |
| August | 235 | 240 |
| September | 240 | 245 |
| October | 245 | 250 |
| November | 248 | 250 |
| December | 250 | 250 |
MTNL Shareholding Pattern
The ownership distribution of this company can be summarized as follows: Promoters hold a majority stake (56.25%), suggesting strong control of the organization. Retail and other investors account for 30.22%, suggesting significant public interest; foreign institutional investors hold only minimal shares (0.06%); mutual funds have no reported stake; other domestic institutions hold 13.47% as an indicator of moderate institutional involvement – suggesting an organization dominated by promoters but with notable participation from retail, domestic institutions, as well as limited foreign institutional presence within its ownership structure. This distribution suggests a structure which includes significant participation by retail, domestic institutions as well as limited foreign institutional involvement in its ownership structure – thus suggesting an organization led by promoters with notable contributions from retail as well as domestic institutions but limited foreign institutional participation within its ownership structure compared to promoter-dominated structures. MTNL share price target
MTNL Competitors/Peer Companies
Bharti Airtel, one of India’s premier telecom providers, operates through subsidiaries like Bharti Hexacom and Tata Tele (Maha), offering an expansive array of services. Vodafone Idea competes directly against Bharti Airtel while Tata Communications provides global connectivity solutions. Railtel Corp specializes in telecom infrastructure for Indian railways while Nazara Technologies leads mobile gaming. Hathway Cable offers broadband and cable services while Nelco specializes in satellite communication; Onmobile Global provides value-added telecom services that support India’s vibrant telecom / technology sectors. MTNL share price target
Are MTNL shares worth buying?
Before investing in MTNL, take time to assess its pros and cons. Here is some data to aid your judgement:
| Year | Minimum Price (₹) | Maximum Price (₹) |
|---|---|---|
| 2024 | 30 | 100 |
| 2025 | 50 | 120 |
| 2030 | 200 | 250 |
| 2040 | 350 | 450 |
| 2050 | 500 | 700 |
MTNL has seen sales decline and losses mount over recent years, as total income dropped from Rs2,606.49 crore in FY2019 to just Rs1,304.71 crore by FY2023. In that fiscal year alone, they reported an enormous net loss of Rs2,465.00 crore.
However, with government support coming from merger proposals with BSNL and financial assistance packages to MTNL, long-term investors may benefit from its stability and turnaround possibilities. MTNL share price target
Investors should evaluate the competitive nature of India’s telecom industry, where Reliance Jio and Bharti Airtel have gained market shares; and assess MTNL’s capacity to compete and adapt to new technology.
Mahanagar Telephone Nigam Ltd Earning Results
Q1 FY2024 income for MTNL came to Rs184.02 crore, down from its Q4 FY2023 figure of Rs239.92 crore. Net loss improved slightly year on year to Rs772.94 crore from an original loss estimate of Rs1,014.36 crore; nevertheless, continuous losses highlight financial issues at MTNL.
| Quarter | Revenue (₹ Cr) | Net Loss (₹ Cr) | EPS (₹) |
|---|---|---|---|
| Q1 FY2024 | 184.02 | 772.94 | 12.24 |
| Q4 FY2023 | 239.92 | 1,014.36 | 16.07 |
| Q3 FY2023 | 239.92 | 775.51 | 12.28 |
| Q2 FY2023 | 216.42 | 737.98 | 11.69 |
Expert Forecasts on the Future of Mahanagar Telephone Nigam Ltd.
Expert opinions of MTNL vary, with some seeing hope in government plans to revive and merge it with BSNL; should these strategies prove practical, they could aid its recovery both financially and market-wise. MTNL share price target
However, some analysts question MTNL’s viability in an ever-evolving telecom industry, given its ageing infrastructure, heavy debt burden and need for major capital spending projects to update networks.
Numerous observers agree that although MTNL faces numerous problems, its government ownership provides some protection. Long-term success will depend on its turnaround efforts and capacity to adapt quickly to emerging technologies like 5G.
Is MTNL stock good to buy? (Bull case & Bear case)
Bull Case:
Government support and prospects of financial restructuring could increase.
A merger could save money and enhance operations, creating opportunities to save both.
Spectrum Assets Worth Monetising
Restructuring plans could enable turnaround, provided they succeed.
Should the fortunes of an organization improve, low share prices could offer tremendous upside potential.
Bear Case:
Consistent financial losses and declining revenues
High levels of debt and liquidity issues
Strong competition among commercial telecom providers with superior technology and customers exists.
Improvements of ageing infrastructure require considerable funds.
Revive Execution and Success Uncertainties in Planning (RCEDWP)
Conclusion
Restructuring may help MTNL navigate past financial losses and fierce competition to increase its share price and recover quickly from past crises.
Investors considering purchasing shares of MTNL should carefully assess its risks and benefits before investing. While high risk investors might see opportunities in its long-term viability, cautious individuals might want to wait until more tangible financial progress has occurred before making decisions to invest.
Investment decisions involving MTNL or any other stock require careful study, consideration of your financial goals and risk tolerance, as well as advice from an experienced financial adviser.
FAQ
What is the future of MTNL in India?
Sources noted that taking MTNL to NCLT would set an unfortunate precedent, so currently plans are to keep MTNL operating as an ongoing concern; over the long-term an infusion of funds of approximately Rs800 crore may be required in order for operations at MTNL to remain uninterrupted.
Can we invest in MTNL?
Groww is a convenient platform that makes purchasing MTNL shares simple by creating a demat account and getting all your KYC documents verified online.
