Mahanagar Telephone NigamNSE:MTNL -1.45%52 Quick Ratio is 0.35 as of Mar. 2026, which is 29% below its 10-year median of 0.49. GuruFocus rates NSE:MTNL with a GF Score™ of 52/100 and a GF Value™ of ₹44.93 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 366 Telecommunication Services companies, Mahanagar Telephone Nigam ranks worse than 92.9% on this metric.
Mahanagar Telephone Nigam has a quick ratio of 0.35. It indicates that the company cannot currently fully pay back its current liabilities.
The historical rank and industry rank for Mahanagar Telephone Nigam's Quick Ratio or its related term are showing as below:
NSE:MTNL'
s Quick Ratio Range Over the Past 10 Years
Min: 0.35 Med: 0.49 Max: 0.59
Current: 0.35
During the past 13 years, Mahanagar Telephone Nigam's highest Quick Ratio was 0.59. The lowest was 0.35. And the median was 0.49.
NSE:MTNL's Quick Ratio is ranked worse than 92.9% of 366
companies
in the Telecommunication Services industry
Industry Median: 1.05
vs NSE:MTNL: 0.35
Mahanagar Telephone Nigam (NSE:MTNL) Quick Ratio Explanation
The quick ratio is more conservative than the Current Ratio because it excludes inventories from current assets. The ratio derives its name presumably from the fact that assets such as cash and marketable securities are quick sources of cash. Inventories generally take time to be converted into cash, and if they have to be sold quickly, the company may have to accept a lower price than book value of these inventories. As a result, they are justifiably excluded from assets that are ready sources of immediate cash.
In general, low or decreasing quick ratios generally suggest that a company is over-leveraged, struggling to maintain or grow sales, paying bills too quickly or collecting receivables too slowly. On the other hand, a high or increasing quick ratio generally indicates that a company is experiencing solid top-line growth, quickly converting receivables into cash, and easily able to cover its financial obligations. Such companies often have faster inventory turnover and cash conversion cycles.
The higher the quick ratio, the better the company's liquidity position.
Mahanagar Telephone Nigam Quick Ratio Related Terms
Mahanagar Telephone Nigam Quick Ratio Historical Data
* 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.
For the Telecom Services subindustry, Mahanagar Telephone Nigam's Quick Ratio, along with its competitors' market caps and Quick Ratio 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 Quick Ratio vs Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, Mahanagar Telephone Nigam's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Mahanagar Telephone Nigam's Quick Ratio falls into.
The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. For this reason, the ratio excludes inventories from current assets.
Mahanagar Telephone Nigam's Quick Ratio for the fiscal year that ended in Mar. 2026 is calculated as
* 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 (NSE:MTNL) has a Quick Ratio of 0.35 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Mahanagar Telephone Nigam and its competitors. This is 29% below median its historical median of 0.49. Over the past decade, Mahanagar Telephone Nigam's Quick Ratio has ranged from 0.35 to 0.59. According to the industry distribution chart, Mahanagar Telephone Nigam ranks #340 out of 366 companies in the Telecommunication Services industry, placing it in the top 92.9%.
Is Mahanagar Telephone Nigam's Quick Ratio too high?
Mahanagar Telephone Nigam's current Quick Ratio of 0.35 is 29% below median its 10-year median of 0.49. Over the past 10 years, this metric has ranged from a low of 0.35 to a high of 0.59. The Telecommunication Services industry median Quick Ratio is 1.05. Mahanagar Telephone Nigam's value of 0.35 is 66.7% below this industry median. Based on the distribution chart, Mahanagar Telephone Nigam ranks #340 out of 366 companies in the Telecommunication Services industry, which is in the bottom quartile 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 Quick Ratio compare to TMUS and VZ?
According to the Telecommunication Services industry distribution chart, Mahanagar Telephone Nigam ranks #340 out of 366 companies for Quick Ratio. This places Mahanagar Telephone Nigam in the lower half of its industry. The industry median Quick Ratio is 1.05. Mahanagar Telephone Nigam's value of 0.35 is 66.7% below this benchmark. Historically, Mahanagar Telephone Nigam's own Quick Ratio has ranged from 0.35 to 0.59 over the past decade. While the company's 10-year median is 0.49 vs. the industry median of 1.05, Mahanagar Telephone Nigam has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Quick Ratio for a Telecommunication Services company?
The median Quick Ratio among Telecommunication Services companies is 1.05, based on 366 companies in the industry. Companies in the top quartile (top 25%) have a Quick Ratio significantly above this median, while those in the bottom quartile fall well below. However, Quick Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Mahanagar Telephone Nigam's current Quick Ratio of 0.35 is 66.7% below 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 Quick Ratio mean?
A high Quick Ratio can signal that a stock is expensive relative to its fundamentals. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Mahanagar Telephone Nigam and its competitors. For the Telecommunication Services industry, the median Quick Ratio is 1.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mahanagar Telephone Nigam's current Quick Ratio is 0.35, which is 29% below median its own 10-year median of 0.49. 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 ₹44.93, compared to a current price of ₹30.00 — trading 33.2% below its estimated fair value. The current Quick Ratio is 0.35, which is 29% below median its 10-year median of 0.49 and 66.7% below the Telecommunication Services industry median of 1.05. 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 Quick Ratio calculated?
Quick Ratio is calculated from a company's financial statements. For Mahanagar Telephone Nigam (NSE:MTNL), the current Quick Ratio is 0.35 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 ₹30.00 is trading 33.2% below its estimated GF Value™ of ₹44.93.
GuruFocus considers Mahanagar Telephone Nigam to be Possible Value Trap.
Key valuation signals for NSE:MTNL:
Quick Ratio: 0.35 (29% below median its 10-year median of 0.49)
GF Value™: ₹44.93 vs. price of ₹30.00 (33.2% below fair value)
Industry Position: 66.7% below the Telecommunication Services median (#340 of 366)
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 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
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