Mahanagar Telephone Nigam Ltd.

Psu

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Methodology v1.0 Download Report (PDF)

Latest Rating

AAA (INDIA_RATINGS)

Total Debt Outstanding

₹24,071 Cr

Across 11 instruments

Listed Bonds

First Issue

2020-10-12

Latest Issue

2024-03-06

Maturity Range

2030 - 2034

Observation

11 active bonds tracked from this issuer.

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Coverage: High Data Quality: High Sources: NSE, BSE, SEBI, rating agencies

01 Issuer Overview

Sector

—

Issuer Type

Psu

First Tracked Bond

2020-10-12

Start of this issuer's debt program timeline

11 active bonds tracked from this issuer.
0 of 11 tracked bonds with a stated security status are secured. (based on 11 bonds with a disclosed security status)
Most recent rating action: watch by CRISIL on 2026-08-25.

Operating in India, Mahanagar Telephone Nigam Ltd. is classified as a public sector undertaking (PSU). Bond coupons here span 6.85% - 8.00%, paid semi annual. The maturity ladder spans 2030 - 2034.

Data sourced from NSDL, BSE, NSE, and registered credit rating agencies. Verify against the issuer's offer document before transacting.

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02 Debt Profile

Outstanding Bonds

Tracked by RetailBonds

Amount Tracked

₹24,071 Cr

Of bonds tracked by RetailBonds — not the issuer's total outstanding debt

Avg Coupon

7.60%

Range 6.85% - 8.00%

Avg Remaining Tenure

6.3 Yrs

Nearest maturity 2030-10

Secured

0 of 11 bonds with known status

Callable

Of 11 bonds

Avg Spread vs G-Sec

+126 bps

Credit premium (indicative)

Maturity Profile

Active bonds maturing, by year. Bar height relative to the tallest year (6 bonds).

Security Type / Instrument Mix

NCD 11 bonds · 100% · ₹24,071 Cr tracked

Funding Evolution

■ Issued that year — Cumulative outstanding (tracked)

Based on 11 of 11 active bonds with a known issue date and issue size.

Financial Snapshot

Q1 FY26

Debt / Equity

-0.01

Debt Service Coverage (DSCR)

0.00

Interest Service Coverage (ISCR)

0.00

Total Financial Indebtedness

₹37,223.00 Cr

Unlisted Debt Securities Outstanding

₹0.00 Cr

Defaults on Unlisted Debt Securities

₹0.00 Cr

Revenue from Operations

₹216.89 Cr

Net Profit / Loss

₹-842.35 Cr

Profit Before Tax

₹-842.66 Cr

As filed under SEBI LODR Reg 52(4) / Integrated Filing, filed 12 Aug 2026. Figures are reported facts, not a rating or recommendation.

03 Credit Profile

AAA 11 bonds · 100%

Agency	Rating	Outlook	Bonds
INDIA_RATINGS	AAA	—	5
CARE	AAA	—	4
CRISIL	AAA	—	2
BRICKWORK	AAA	—	1
ICRA	AAA	—	1
INDIA_RATINGS	AAA	Stable	1

Recent Rating Actions

2026-08-25 · CRISIL

—

Watch · Watch Negative

04 Outstanding Bonds View all bonds →

ISIN	Bond Name	Coupon	Rating	Maturity	YTM	Last Trade
INE153A08089	MTNL-7.05%-11-10-30-PVT	7.05%	AAA (CRISIL)	2030-10-11	7.82%	2026-07-30
INE153A08097	MTNL-6.85%-20-12-30-PVT	6.85%	AAA (CRISIL)	2030-12-20	5.85%	2026-08-10
INE153A08105	MTNL-8%-15-11-32-PVT	8.00%	AAA (ICRA)	2032-11-15	8.55%	2026-08-25
INE153A08113	7.87% UNSECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURE. LETTER OF ALLOTMENT SERIES VII B DATE OF MATURITY 01/12/2032.	7.87%	AAA (CARE)	2032-12-01	8.12%	2026-08-20
INE153A08121	7.78% UNSECURED RATED LISTED REDEMABLE NON CONVERTIBLE BOND IN NATURE OF DEBENTURES LETTER OF ALLOTMENT SERIES VII C DATE OF MATURITY 10/02/2033	7.78%	AAA (INDIA_RATINGS)	2033-02-10	—	—
INE153A08139	7.8% UNSECURED RATED LISTED REDEEMABLE NON CONVERTIBLE BOND IN NATURE OF DEBENTURES LETTER OF ALLOTMENT SERIES VII D DATE OF MATURITY 24/02/2033	7.80%	AAA (CARE)	2033-02-24	—	—
INE153A08147	7.75% UNSECURED RATED LISTED REDDEMABLE NON CONVERTIBLE BOND IN NATURE OF DEBENTRUES LETTER OF ALLOTMENT SERIES VII-E DATE OF MATURITY 24/03/2033	7.75%	AAA (INDIA_RATINGS)	2033-03-24	—	—
INE153A08154	MTNL-7.59%-20-7-33-PVT	7.59%	AAA (INDIA_RATINGS)	2033-07-20	—	—
INE153A08162	MTNL-7.61%-24-8-33-PVT	7.61%	AAA (CARE)	2033-08-24	8.17%	2026-06-25
INE153A08170	MTNL-7.8%-7-11-33-PVT	7.80%	AAA (CARE)	2033-11-07	8.12%	2026-08-20
INE153A08188	7.51% UNSECURED RATED LISTED REDEEMABLE NON-CONVERTIBLE BONDS THE NATURE OF DEBENTURES SERIES VIII D DATE OF MATURITY 06/03/2034.	7.51%	AAA (INDIA_RATINGS)	2034-03-06	—	—

Compare (/) Compare Bonds

YTM and Last Trade depend on secondary-market volume — shown only for bonds with a recorded BSE/NSE trade.

05 Market Activity

Last 30 days, across all outstanding bonds from this issuer.

Traded Value (Last 30 Days)

₹0.0 Cr

Number of Trades (Last 30 Days)

Avg. Yield (Last 30 Days)

7.91%

06 Regulatory Filings

BSE Corporate Announcements

LETTER ATTACHED 2026-08-27

LETTER ATTACHED 2026-08-26

LETTER ATTACHED 2026-08-19

LETTER ATTACHED 2026-08-18

LETTER ATTACHED 2026-08-14

LETTER ATTACHED 2026-08-13

LETTER ATTACHED 2026-08-12

LETTER ATTACHED 2026-08-10

Disclosures by listed entities of defaults on payment of interest/ repayment of principal amount for loans including revolving facilities like cash credit from banks .... 2026-08-07

LETTER ATTACHED 2026-08-06

NSE Corporate Announcements

General Updates 2026-07-17

General Updates 2026-07-13

General Updates 2026-07-10

Change in Director(s) 2026-07-08

Certificate under SEBI (Depositories and Participants) Regulations, 2018 2026-07-06

General Updates 2026-07-01

General Updates 2026-06-19

General Updates 2026-06-16

General Updates 2026-06-11

Trading Window 2026-06-11

Credit Rating Rationale

CRISIL Rating Rationale 2026-08-25

07 Methodology & Data Coverage

Dataset	Count	Freshness
Credit Ratings (current)	14	2024-02-27
Rating Actions History	1	2026-08-25
Secondary-Market Trades	36	2026-08-25
Reg52(4) Payment Disclosures	0	—

Methodology version 1.0. See full methodology for sources and limitations.

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Frequently Asked Questions

How many active bonds does Mahanagar Telephone Nigam Ltd. have?

Mahanagar Telephone Nigam Ltd. currently has 11 active bonds with coupons 6.85% - 8.00%, maturities spanning 2030 - 2034.

What is Mahanagar Telephone Nigam Ltd.'s credit rating?

The most recent rating on Mahanagar Telephone Nigam Ltd.'s bonds is AAA (INDIA_RATINGS), published by BRICKWORK, CARE, CRISIL, ICRA, INDIA_RATINGS.

Are Mahanagar Telephone Nigam Ltd.'s bonds secured?

Of the 11 bonds with a disclosed security status, 0 are secured (0%) and 11 are unsecured.

When do Mahanagar Telephone Nigam Ltd.'s bonds mature?

Mahanagar Telephone Nigam Ltd.'s active bonds mature between 2030 - 2034; the nearest matures in 2030-10; the average tenure is 6.3 Yrs.

What is the average coupon on Mahanagar Telephone Nigam Ltd.'s bonds?

The average coupon across Mahanagar Telephone Nigam Ltd.'s 11 active bonds is 7.60%.

Disclaimer: This page aggregates publicly available data about Mahanagar Telephone Nigam Ltd. for informational purposes only. Ratings shown are the opinion of the issuing rating agency and are not buy/sell recommendations. RetailBonds.in does not issue its own ratings or investment advice. Verify all data against the issuer’s offer document before transacting.