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Last Updated on: 25 June, 2024|Author: Getaka | Social: X Twitter Profile

Fundamental Analysis of Mahanagar Telephone Nigam Ltd

About the Company - Mahanagar Telephone Nigam Ltd

Mahanagar Telephone Nigam Ltd. is a Public Limited Listed company incorporated on 28/02/1986 and has its registered office in the State of Delhi, India. Company’s Corporate Identification Number(CIN) is L32101DL1986GOI023501 and registration number is 023501. Currently Company is involved in the business activities of Telephone based information services. Company’s Total Operating Revenue is Rs. 1069.72 Cr. and Equity Capital is Rs. 630.00 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Telecom ServicesMahanagar Doorsanchar Sadan, 5th Floor, 9, CGO Complex, New Delhi Delhi 110003mtnlcsco@gmail.com
http://www.mtnl.net.in
Management
NamePosition Held
Mr. P K PurwarChairman & Managing Director
Mr. Arvind VadnerkarDirector
Mr. V RameshDirector - Technical
Mr. Rajiv KumarDirector - Finance
Mr. Piyush Ranjan NishadIndependent Director
Mr. Yogesh Kumar TamrakarIndependent Director
Mr. Vishwas PathakIndependent Director
Mr. Sarv Daman BharatIndependent Director
Mrs. Deepika MahajanIndependent Director
Mr. Sunil Kumar VermaGovernment Director
Mr. Shivendu GuptaGovernment Director

Basic Stock Data of Mahanagar Telephone Nigam Ltd

Last Updated: June 25, 2024, 10:32 pm

Market Cap 2,698 Cr.
Current Price 42.8
High / Low52.4/19.0
Stock P/E
Book Value 375
Dividend Yield0.00 %
ROCE8.26 %
ROE%
Face Value 10.0
PEG Ratio0.00

Mahanagar Telephone Nigam Ltd Quarterly Results

MonthDec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Sales360316301306304239251238227219199198192
Expenses354328388356331393330349357345354331318
Operating Profit6-12-86-50-28-154-80-111-129-126-154-133-126
OPM %2%-4%-29%-16%-9%-65%-32%-47%-57%-57%-77%-67%-65%
Other Income111155116120113281150138127199113175144
Interest541531516533552538540581592641645665691
Depreciation214212202191192187183184181181166170166
Profit before tax-638-600-689-655-659-598-653-738-776-749-852-793-839
Tax %0%-0%0%0%0%-0%0%0%0%0%0%0%0%
Net Profit-638-602-689-655-659-601-653-738-776-749-852-793-839
EPS in Rs-10.12-9.56-10.93-10.39-10.46-9.53-10.37-11.71-12.31-11.88-13.52-12.58-13.32

Last Updated: June 6, 2024, 4:22 am

Mahanagar Telephone Nigam Ltd Quarterly Chart

Mahanagar Telephone Nigam Ltd Profit & Loss

Last Updated: May 30, 2024, 7:12 pm

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales3,4423,4963,4763,4943,2232,9692,4722,0851,6241,3881,149935809
Expenses5,2546,4034,3674,2374,0134,0273,6173,3863,0701,3131,4531,3691,347
Operating Profit-1,813-2,907-891-743-790-1,058-1,145-1,300-1,44775-304-434-539
OPM %-53%-83%-26%-21%-24%-36%-46%-62%-89%5%-26%-46%-67%
Other Income17026211,792443882680734619691476623612631
Interest9501,1811,3911,4401,3511,4481,5051,7031,9512,1172,1472,3642,642
Depreciation1,5111,4971,1921,1581,1781,1131,0541,002986893772730683
Profit before tax-4,103-5,3238,318-2,898-2,437-2,940-2,970-3,387-3,693-2,459-2,600-2,916-3,233
Tax %-0%0%6%-0%20%0%-0%-0%-0%-0%-0%0%
Net Profit-4,104-5,3227,821-2,901-1,946-2,936-2,971-3,388-3,694-2,461-2,603-2,915-3,232
EPS in Rs-65.15-84.48124.14-46.05-30.89-46.60-47.16-53.78-58.63-39.07-41.32-46.27-51.30
Dividend Payout %0%0%0%0%0%0%0%0%0%0%-0%0%

Mahanagar Telephone Nigam Ltd Profit & Loss Yearly Chart

Mahanagar Telephone Nigam Ltd Growth

Compounded Sales Growth
10 Years:-14%
5 Years:-17%
3 Years:-17%
TTM:-15%
Compounded Profit Growth
10 Years:-1%
5 Years:1%
3 Years:-13%
TTM:-12%
Stock Price CAGR
10 Years:2%
5 Years:37%
3 Years:24%
1 Year:117%
Return on Equity
10 Years:%
5 Years:%
3 Years:%
Last Year:%

Last Updated: June 25, 2024, 5:02 pm

Mahanagar Telephone Nigam Ltd Balance Sheet

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Sep 2023
Equity Capital630630630630630630630630630630630630630
Reserves1,904-3,4184,4131,429-1,035-4,004-6,962-10,358-14,212-16,675-19,298-21,485-22,878
Borrowings9,64811,78214,21616,60813,44115,20117,01919,73723,29125,60026,82028,35129,208
Other Liabilities14,78917,4418,3038,2715,6395,8825,6114,7116,9973,8444,1914,1764,398
Total Liabilities26,97226,43527,56326,93818,67517,70916,29814,72016,70613,40012,34211,67211,357
Fixed Assets15,84115,02311,37710,5709,5758,7598,1647,4666,8896,2535,6184,9674,624
CWIP913949408134137291331320328184745963
Investments3508060404344443334
Other Assets9,86810,38315,71716,1948,9208,6547,7996,9309,4866,9606,6476,6426,666
Total Assets26,97226,43527,56326,93818,67517,70916,29814,72016,70613,40012,34211,67211,357

Mahanagar Telephone Nigam Ltd Reserves and Borrowings Chart

Mahanagar Telephone Nigam Ltd Cash Flow

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Cash from Operating Activity -710-343-4,186-1,1671,078-1,024155-733-1,206-22570464
Cash from Investing Activity -610-3943,084-107-37-30-492-297-43-259204-174
Cash from Financing Activity 1,2767301,2371,110-9579843451,0441,326414-936177
Net Cash Flow-44-6135-16485-7171477-70-2867

Mahanagar Telephone Nigam Ltd Financial Efficiency Indicators

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Debtor Days37423231566063107141203213229
Inventory Days
Days Payable
Cash Conversion Cycle37423231566063107141203213229
Working Capital Days-211-223-121-145-9266329297183689693727
ROCE %-23%-39%-12%-8%-7%-12%-13%-16%-18%-3%-5%-7%

Mahanagar Telephone Nigam Ltd Financial Efficiency Indicators Chart

Mahanagar Telephone Nigam Ltd Share Holding Pattern

MonthMar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Promoters56.89%56.25%56.89%56.89%56.89%56.89%56.89%56.82%56.82%56.82%56.82%56.25%
FIIs0.36%0.35%0.35%0.37%0.37%0.38%0.38%0.38%0.47%0.39%0.40%0.47%
DIIs14.22%14.07%14.10%13.91%13.91%13.91%13.91%13.89%13.89%13.89%13.88%13.75%
Public28.54%29.33%28.66%28.84%28.84%28.82%28.82%28.91%28.81%28.90%28.90%29.54%
No. of Shareholders1,60,2451,67,9411,69,1501,86,7751,98,3551,94,5161,93,3921,89,6081,87,0641,84,0781,82,1711,78,199

Mahanagar Telephone Nigam Ltd Shareholding Pattern Chart

No. of Mahanagar Telephone Nigam Ltd Shareholders

This stock is not held by any mutual fund

Mahanagar Telephone Nigam Ltd ROCE Trend

Mahanagar Telephone Nigam Ltd EPS Trend

Mahanagar Telephone Nigam Ltd Key Financial Ratios

MonthMar 24Mar 23Mar 22Mar 21Mar 20
FaceValue10.0010.0010.0010.0010.00
Basic EPS (Rs.)-51.87-46.27-41.32-39.07-58.63
Diluted EPS (Rs.)-51.87-46.27-41.32-39.07-58.63
Cash EPS (Rs.)-41.32-34.71-29.08-24.90-42.99
Book Value[Excl.RevalReserv]/Share (Rs.)-375.30-331.03-296.32-254.67-215.59
Book Value[Incl.RevalReserv]/Share (Rs.)-375.30-331.03-296.32-254.67-215.59
Revenue From Operations / Share (Rs.)12.6814.8418.2422.0325.77
PBDIT / Share (Rs.)1.382.654.928.58-12.15
PBIT / Share (Rs.)-9.20-8.93-7.33-5.60-27.80
PBT / Share (Rs.)-51.90-46.30-41.29-39.05-58.62
Net Profit / Share (Rs.)-51.89-46.29-41.34-39.08-58.63
NP After MI And SOA / Share (Rs.)-51.87-46.27-41.32-39.07-58.63
PBDIT Margin (%)10.8517.8827.0038.95-47.14
PBIT Margin (%)-72.58-60.14-40.18-25.41-107.86
PBT Margin (%)-409.42-311.88-226.39-177.26-227.45
Net Profit Margin (%)-409.40-311.83-226.64-177.41-227.52
NP After MI And SOA Margin (%)-409.17-311.69-226.54-177.36-227.50
Return on Capital Employeed (%)-60.9481.0935.59-12.33734.17
Return On Assets (%)-30.48-25.03-21.13-18.40-22.13
Long Term Debt / Equity (X)-1.02-0.93-0.88-1.13-0.92
Total Debt / Equity (X)-1.27-1.35-1.43-1.49-1.61
Asset Turnover Ratio (%)0.070.070.080.080.09
Current Ratio (X)0.550.460.420.580.50
Quick Ratio (X)0.550.460.420.580.50
Interest Coverage Ratio (X)0.030.070.140.25-0.39
Interest Coverage Ratio (Post Tax) (X)-0.21-0.23-0.21-0.16-0.90
Enterprise Value (Cr.)31993.3528959.6927878.6024710.8422021.47
EV / Net Operating Revenue (X)40.0630.9724.2617.8113.56
EV / EBITDA (X)368.93173.1389.8545.71-28.77
MarketCap / Net Operating Revenue (X)2.601.221.240.850.23
Price / BV (X)-0.08-0.05-0.07-0.07-0.02
Price / Net Operating Revenue (X)2.601.221.240.850.23
EarningsYield-1.58-2.56-1.83-2.08-9.71

Mahanagar Telephone Nigam Ltd Profitability Ratios (%)

Mahanagar Telephone Nigam Ltd Liquidity Ratios

Mahanagar Telephone Nigam Ltd Liquidity Ratios (%)

Mahanagar Telephone Nigam Ltd Interest Coverage Ratios (%)

Mahanagar Telephone Nigam Ltd Valuation Ratios

Fair Value

Fair Value: 860.63

Calculation basis:

  • Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

Undervalued: 1,910.81% compared to the current price 42.8

Default values used*: Deafault value of 15 for Stock P/E is used, Deafault value of 15% for ROE is used

Intrinsic Value: 1,315.05

Calculation basis:

  • Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
  • EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators along with EPS growth.

Undervalued: 2,972.55% compared to the current price ₹42.8

Default values used*: Deafault value of 15 for Stock P/E is used, Deafault value of 15% for ROE is used

Last 5 Year EPS CAGR: 52.80%

*Investments are subject to market risks

Strength and Weakness of Mahanagar Telephone Nigam Ltd Stock

StrengthWeakness
    1. The stock has a low average ROCE of -13.58%, which may not be favorable.
    2. The stock has a high average Working Capital Days of 206.25, which may not be favorable.
    3. The stock has a high average Cash Conversion Cycle of 101.17, which may not be favorable.
    4. The company has higher borrowings (19,301.69) compared to reserves (-8,659.92), which may suggest financial risk.
    5. The company has not shown consistent growth in sales (136.00) and profit (-1.85).

    FAQ

    What is the latest fair value of Mahanagar Telephone Nigam Ltd?

    The latest fair value of Mahanagar Telephone Nigam Ltd is ₹860.62.

    What is the Market Cap of Mahanagar Telephone Nigam Ltd?

    The Market Cap of Mahanagar Telephone Nigam Ltd is 2,698 Cr..

    What is the current Stock Price of Mahanagar Telephone Nigam Ltd as on 25 June 2024?

    The current stock price of Mahanagar Telephone Nigam Ltd as on 25 June 2024 is ₹42.8.

    What is the High / Low of Mahanagar Telephone Nigam Ltd stocks in FY 2024?

    In FY 2024, the High / Low of Mahanagar Telephone Nigam Ltd stocks is 52.4/19.0.

    What is the Stock P/E of Mahanagar Telephone Nigam Ltd?

    The Stock P/E of Mahanagar Telephone Nigam Ltd is .

    What is the Book Value of Mahanagar Telephone Nigam Ltd?

    The Book Value of Mahanagar Telephone Nigam Ltd is 375.

    What is the Dividend Yield of Mahanagar Telephone Nigam Ltd?

    The Dividend Yield of Mahanagar Telephone Nigam Ltd is 0.00 %.

    What is the ROCE of Mahanagar Telephone Nigam Ltd?

    The ROCE of Mahanagar Telephone Nigam Ltd is 8.26 %.

    What is the ROE of Mahanagar Telephone Nigam Ltd?

    The ROE of Mahanagar Telephone Nigam Ltd is %.

    What is the Face Value of Mahanagar Telephone Nigam Ltd?

    The Face Value of Mahanagar Telephone Nigam Ltd is 10.0.

    About the Author

    Author Avatar
    Getaka

    Getaka, CFA, a financial analyst with 15 years of experience in the industry. Getaka holds an MBA degree and the Chartered Financial Analyst designation, demonstrating his profound understanding of financial analysis and investment management. Throughout his career, he has conducted numerous financial analyses and due diligence processes for companies in the industry, and has a strong track record of identifying key trends and opportunities. He leverages his expertise to deliver a thorough financial analysis of a company, encompassing its financial performance, key ratios, future prospects, and risks. Getaka is committed to providing accurate, reliable, and trustworthy information to help readers make informed decisions about their finances and investments.

    Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in Mahanagar Telephone Nigam Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE