Mahanagar Telephone Nigam (NSE:MTNL) EBIT per Share: ₹-1.97 (TTM As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NSE:MTNL Mahanagar Telephone Nigam Ltd NSE:MTNL
52 GF Score
Price ₹27.11
GF Value ₹45.05
Valuation Possible Value Trap
! 4 Warning Signs
View Full Analysis

What is Mahanagar Telephone Nigam EBIT per Share?

Mahanagar Telephone Nigam NSE:MTNL +1.35% 52 EBIT per Share is ₹-1.97 as of Mar. 2026. GuruFocus rates NSE:MTNL with a GF Score™ of 52/100 and a GF Value™ of ₹45.05 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 289 Telecommunication Services companies, Mahanagar Telephone Nigam ranks better than 65.4% on this metric.

Mahanagar Telephone Nigam's EBIT per Share for the three months ended in Mar. 2026 was ₹6.84. Its EBIT per Share for the trailing twelve months (TTM) ended in Mar. 2026 was ₹-1.97.

During the past 3 years, the average EBIT per Share Growth Rate was 11.90% per year. During the past 5 years, the average EBIT per Share Growth Rate was 4.30% per year. During the past 10 years, the average EBIT per Share Growth Rate was 11.80% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the EBIT per Share growth rate using EBIT per Share data.

The historical rank and industry rank for Mahanagar Telephone Nigam's EBIT per Share or its related term are showing as below:

NSE:MTNL' s 3-Year EBIT Growth Rate Range Over the Past 10 Years
Min: -167.1   Med: -3.25   Max: 27
Current: 11.9

During the past 13 years, the highest 3-Year average EBIT per Share Growth Rate of Mahanagar Telephone Nigam was 27.00% per year. The lowest was -167.10% per year. And the median was -3.25% per year.

NSE:MTNL's 3-Year EBIT Growth Rate is ranked better than
65.4% of 289 companies
in the Telecommunication Services industry
Industry Median: 7 vs NSE:MTNL: 11.90

Mahanagar Telephone Nigam's EBIT for the three months ended in Mar. 2026 was ₹4,313 Mil.


Mahanagar Telephone Nigam  (NSE:MTNL) EBIT per Share Explanation

EBIT is a company's earnings before interest and tax expenses are deducted. It measures a company's profit generates from operating, ignoring tax burden and capital structure. As the tax expense are not deducted, EBIT is helpful when comparing companies in the same industry but with different tax situations. Also, the interest expense are included in EBIT, making it useful to compare companies that have high interest expenses due to large amount of debt.


Mahanagar Telephone Nigam EBIT per Share Related Terms


Mahanagar Telephone Nigam EBIT per Share Historical Data

* Premium members only.

The historical data trend for Mahanagar Telephone Nigam's EBIT per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Mahanagar Telephone Nigam EBIT per Share Chart

Mahanagar Telephone Nigam Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
EBIT per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -8.69 -10.95 -12.39 -6.51 -1.97

Mahanagar Telephone Nigam Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EBIT per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -1.79 -3.00 -3.47 -2.35 6.84
NSE:MTNL
52GF Score
Mahanagar Telephone Nigam Ltd NSE:MTNL
EBIT per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mahanagar Telephone Nigam EBIT per Share Calculation

EBIT per Share is the amount of Earnings Before Interest and Taxes (EBIT) per outstanding share of the company's stock.

Earnings Before Interest and Taxes (EBIT) is what the company earns before it expenses interest and taxes.

Mahanagar Telephone Nigam's EBIT per Share for the fiscal year that ended in Mar. 2026 is calculated as

EBIT per Share(A: Mar. 2026 )
=EBIT/Shares Outstanding (Diluted Average)
=-1240.5/630.016
=-1.97

Mahanagar Telephone Nigam's EBIT per Share for the quarter that ended in Mar. 2026 is calculated as

EBIT per Share(Q: Mar. 2026 )
=EBIT/Shares Outstanding (Diluted Average)
=4313/630.287
=6.84

EBIT per Share for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹-1.97

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EBIT per Share →
What does a EBIT per Share of ₹-1.97 mean?
Mahanagar Telephone Nigam (NSE:MTNL) has a EBIT per Share of ₹-1.97 as of Mar. 2026. EBIT per Share is the amount of Earnings Before Interest and Taxes per outstanding share of the company's stock. View historical data on Mahanagar Telephone Nigam and its competitors. According to the industry distribution chart, Mahanagar Telephone Nigam ranks #100 out of 289 companies in the Telecommunication Services industry, placing it in the top 34.6%.
Is Mahanagar Telephone Nigam's EBIT per Share too high?
Mahanagar Telephone Nigam's current EBIT per Share is ₹-1.97. Based on the distribution chart, Mahanagar Telephone Nigam ranks #100 out of 289 companies in the Telecommunication Services industry, which is above the industry midpoint. Overall, Mahanagar Telephone Nigam has a GF Score™ of 52/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Mahanagar Telephone Nigam's EBIT per Share compare to TMUS and VZ?
According to the Telecommunication Services industry distribution chart, Mahanagar Telephone Nigam ranks #100 out of 289 companies for EBIT per Share. This puts Mahanagar Telephone Nigam in the upper half of its industry. The industry median EBIT per Share is 7.00. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT per Share for a Telecommunication Services company?
The median EBIT per Share among Telecommunication Services companies is 7.00, based on 289 companies in the industry. Companies in the top quartile (top 25%) have a EBIT per Share significantly above this median, while those in the bottom quartile fall well below. However, EBIT per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT per Share mean?
A high EBIT per Share can signal that a stock is expensive relative to its fundamentals. EBIT per Share is the amount of Earnings Before Interest and Taxes per outstanding share of the company's stock. View historical data on Mahanagar Telephone Nigam and its competitors. For the Telecommunication Services industry, the median EBIT per Share is 7.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mahanagar Telephone Nigam's current EBIT per Share is ₹-1.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mahanagar Telephone Nigam stock overvalued right now?
Based on GuruFocus' analysis, Mahanagar Telephone Nigam (NSE:MTNL) is currently considered Possible Value Trap. The stock's GF Value™ is ₹45.05, compared to a current price of ₹27.11 — trading 39.8% below its estimated fair value. The current EBIT per Share is ₹-1.97. Mahanagar Telephone Nigam's overall GF Score™ is 52/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT per Share calculated?
EBIT per Share is calculated from a company's financial statements. For Mahanagar Telephone Nigam (NSE:MTNL), the current EBIT per Share is ₹-1.97 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Mahanagar Telephone Nigam (NSE:MTNL) Overvalued in 2026?

Based on GuruFocus' analysis, Mahanagar Telephone Nigam stock appears to be undervalued. The current stock price of ₹27.11 is trading 39.8% below its estimated GF Value™ of ₹45.05. GuruFocus considers Mahanagar Telephone Nigam to be Possible Value Trap.

Key valuation signals for NSE:MTNL:

  • EBIT per Share: ₹-1.97
  • GF Value™: ₹45.05 vs. price of ₹27.11 (39.8% below fair value)
  • GF Score™: 52/100 with 4 warning signs

No single metric tells the full story. See the NSE:MTNL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mahanagar Telephone Nigam Business Description

Other Exchanges 500108:India
Address Lodhi Road, 5th Floor, 9, CGO Complex, Mahanagar Doorsanchar Sadan, New Delhi, IND, 110 003
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.
52GF Score

Get the complete analysis for NSE:MTNL

EBIT per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹27.11
Price
₹45.05
GF Value