Mahanagar Telephone Nigam (NSE:MTNL) EBITDA Margin %: 154.05% (As of Mar. 2026)


NSE:MTNL Mahanagar Telephone Nigam Ltd NSE:MTNL
52 GF Score
Price ₹30.15
GF Value ₹44.97
Valuation Possible Value Trap
! 4 Warning Signs
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What is Mahanagar Telephone Nigam EBITDA Margin %?

Mahanagar Telephone Nigam NSE:MTNL -1.60% 52 EBITDA Margin % is 154.05% as of Mar. 2026. GuruFocus rates NSE:MTNL with a GF Score™ of 52/100 and a GF Value™ of ₹44.97 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 365 Telecommunication Services companies, Mahanagar Telephone Nigam ranks better than 87.95% on this metric.

EBITDA Margin % is calculated as EBITDA divided by its Revenue. Mahanagar Telephone Nigam's EBITDA for the three months ended in Mar. 2026 was ₹5,708 Mil. Mahanagar Telephone Nigam's Revenue for the three months ended in Mar. 2026 was ₹3,705 Mil. Therefore, Mahanagar Telephone Nigam's EBITDA margin for the quarter that ended in Mar. 2026 was 154.05%.


Mahanagar Telephone Nigam  (NSE:MTNL) EBITDA Margin % Explanation

EBITDA Margin % is the ratio of EBITDA divided by net sales or Revenue. It is an performance metric measuring company's operating profitability. EBITDA Margin takes depreciation and amortization, interest expense and tax into account, which makes it easy to compare the relative profitability of companies of different sizes in the same industry.


Mahanagar Telephone Nigam EBITDA Margin % Related Terms


Mahanagar Telephone Nigam EBITDA Margin % Historical Data

* Premium members only.

The historical data trend for Mahanagar Telephone Nigam's EBITDA Margin % 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 EBITDA Margin % Chart

Mahanagar Telephone Nigam Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
EBITDA Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 20.37 4.53 -15.01 17.88 46.47

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
EBITDA Margin % 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 13.98 -66.35 -40.36 -3.10 154.05

NSE:MTNL vs TMUS, VZ, T: EBITDA Margin % Comparison

For the Telecom Services subindustry, Mahanagar Telephone Nigam's EBITDA Margin %, along with its competitors' market caps and EBITDA Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Mahanagar Telephone Nigam EBITDA Margin % vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Mahanagar Telephone Nigam's EBITDA Margin % distribution charts can be found below:

* The bar in red indicates where Mahanagar Telephone Nigam's EBITDA Margin % falls into.


NSE:MTNL
52GF Score
Mahanagar Telephone Nigam Ltd NSE:MTNL
EBITDA Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Mahanagar Telephone Nigam EBITDA Margin % Calculation

EBITDA margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent.

Mahanagar Telephone Nigam's EBITDA Margin % for the fiscal year that ended in Mar. 2026 is calculated as

EBITDA Margin %=EBITDA (A: Mar. 2026 )/Revenue (A: Mar. 2026 )
=4444.4/9563.7
=46.47 %

Mahanagar Telephone Nigam's EBITDA Margin % for the quarter that ended in Mar. 2026 is calculated as

EBITDA Margin %=EBITDA (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=5707.8/3705.1
=154.05 %

* 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 EBITDA Margin % →
What does a EBITDA Margin % of 154.05% mean?
Mahanagar Telephone Nigam (NSE:MTNL) has a EBITDA Margin % of 154.05% as of Mar. 2026. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on Mahanagar Telephone Nigam and its competitors. According to the industry distribution chart, Mahanagar Telephone Nigam ranks #44 out of 365 companies in the Telecommunication Services industry, placing it in the top 12.1%.
Is Mahanagar Telephone Nigam's EBITDA Margin % too high?
Mahanagar Telephone Nigam's current EBITDA Margin % is 154.05%. The Telecommunication Services industry median EBITDA Margin % is 25.57. Mahanagar Telephone Nigam's value of 154.05% is 502.5% above this industry median. Based on the distribution chart, Mahanagar Telephone Nigam ranks #44 out of 365 companies in the Telecommunication Services industry, which is in the top quartile — a strong position relative to peers. 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 EBITDA Margin % compare to TMUS and VZ?
According to the Telecommunication Services industry distribution chart, Mahanagar Telephone Nigam ranks #44 out of 365 companies for EBITDA Margin %. This places Mahanagar Telephone Nigam in the top 12% of its industry — outperforming the majority of peers. The industry median EBITDA Margin % is 25.57. Mahanagar Telephone Nigam's value of 154.05% is 502.5% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBITDA Margin % for a Telecommunication Services company?
The median EBITDA Margin % among Telecommunication Services companies is 25.57, based on 365 companies in the industry. Companies in the top quartile (top 25%) have a EBITDA Margin % significantly above this median, while those in the bottom quartile fall well below. However, EBITDA Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Mahanagar Telephone Nigam's current EBITDA Margin % of 154.05% is 502.5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBITDA Margin % mean?
A high EBITDA Margin % can signal that a stock is expensive relative to its fundamentals. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on Mahanagar Telephone Nigam and its competitors. For the Telecommunication Services industry, the median EBITDA Margin % is 25.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mahanagar Telephone Nigam's current EBITDA Margin % is 154.05%. 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 ₹44.97, compared to a current price of ₹30.15 — trading 33% below its estimated fair value. The current EBITDA Margin % is 154.05% and 502.5% above the Telecommunication Services industry median of 25.57. 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 EBITDA Margin % calculated?
EBITDA Margin % is calculated from a company's financial statements. For Mahanagar Telephone Nigam (NSE:MTNL), the current EBITDA Margin % is 154.05% 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 ₹30.15 is trading 33% below its estimated GF Value™ of ₹44.97. GuruFocus considers Mahanagar Telephone Nigam to be Possible Value Trap.

Key valuation signals for NSE:MTNL:

  • EBITDA Margin %: 154.05%
  • GF Value™: ₹44.97 vs. price of ₹30.15 (33% below fair value)
  • GF Score™: 52/100 with 4 warning signs
  • Industry Position: 502.5% above the Telecommunication Services median (#44 of 365)

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

EBITDA Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹30.15
Price
₹44.97
GF Value