MTNL defaults on bank loan payments; Rs 7,794 cr principal overdue

Loan classified NPACredit & Debt View source PDF Explain this filing

MTNL · price

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Price reactionminutes from the announcement price · days from the prior close

+0.5%Reaction day

₹31.14

prior close

₹31.39

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.6%-0.0% vs market

Telecom - Cellular & Fixed line services peers, median of 7sector-0.8%+1.3% vs sector

On the reaction day the stock moved in line with Nifty Microcap 250 and 1.3 pts more than its Telecom - Cellular & Fixed line services peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

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15m

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30m

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Sessions after the filingfrom the prior close

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Reaction day

+0.5+0.6-0.0-0.8+1.3

Next day

+2.8+1.7+1.1-0.1+2.9

+2.9+2.1+0.7+0.9+2.0

+3.0+3.0-0.0+3.5-0.5

+2.8+3.8-1.1+4.0-1.2

-0.6+3.1-3.7+3.0-3.6

-3.4+2.4-5.7+0.4-3.7

15d

-9.4+1.3-10.7+2.5-11.9

-7.4+3.9-11.2-0.3-7.1

-13.3+7.4-20.7-2.5-10.8

-23.1+5.6-28.7-4.3-18.8

UpDownMarket · Nifty Microcap 250Sector · Telecom - Cellular & Fixed line services peers, median of 7Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

MTNL has defaulted on bank loan payments to 7 lenders (UBI, BOI, PNB, SBI, UCO, PSB, IOB) with NPAs classified between Aug 2024 and Feb 2025. Total bank loan outstanding is Rs 9,419 crore, of which Rs 7,794 crore principal and Rs 1,625 crore interest is overdue. MTNL's total financial debt is Rs 36,966 crore, including SG Bonds of Rs 24,071 crore and DoT loan of Rs 3,476 crore.

Likely market impact

Sustained loan defaults highlight serious solvency concerns for MTNL. Likely negative stock sentiment and risk of further action by lenders.