BHARTIARTL vs MTNL: Stock Comparison

Bharti Airtel Ltd vs Mahanagar Telephone Nigam Limited

Live data: 27 July 2026, 4:08 PM IST • Source: NSE and company filings

Bharti Airtel Ltd is the larger company by market capitalisation. Bharti Airtel Ltd shows a higher dividend yield, a higher ROCE and a higher net margin, while Mahanagar Telephone Nigam Limited shows a lower P/E and faster revenue growth. These are relative readings on individual metrics — weigh valuation against growth, margins, leverage and capital efficiency rather than treating any single number as decisive.

Side-by-side comparison of Bharti Airtel Ltd and Mahanagar Telephone Nigam Limited on live price, valuation, growth, profitability, leverage and quarterly shareholding. Highlighted values mark the more favourable of the two on that metric's usual reading; a single metric is never the full story.

On standard readings, BHARTIARTL is more favourable on 5 of 11 scored metrics and MTNL on 6These counts are context-free and are not an overall rating.

Key Differences

Market Cap
BHARTIARTL is the larger company
₹11,88,43,991.11 L Cr vs ₹1,713 Cr
P/E Ratio
MTNL has a lower P/E
-0.55x vs 43.45x
P/B Ratio
MTNL has a lower P/B
-0.06x vs 7.78x
EPS
BHARTIARTL has higher earnings per share
₹44.58 vs ₹-49.32
Dividend Yield
BHARTIARTL has a higher dividend yield
1.26% vs 0%
Revenue Growth (TTM YoY)
MTNL has faster revenue growth
87.9% vs 15.7%
EPS Growth (TTM YoY)
MTNL has faster EPS growth
0% vs -34%
Qtr Sales Growth
MTNL has stronger quarterly sales growth
34.5% vs 15.7%

Each difference is a single, relative reading — StockeZee does not name an overall winner.

Profile

MetricBHARTIARTLMTNL
SectorTelecommunicationTelecommunication
IndustryTelecom - Cellular & Fixed line servicesTelecom - Cellular & Fixed line services

Price

MetricBHARTIARTLMTNL
Live Price₹1,905.3₹27.17
Day Change0.37%0.22%
Volume52.3 L4.03 L
52-Week High₹2,174.5₹48.8
52-Week Low₹1,740.5₹21.26
Distance from 52W High-12.38%-44.32%

Valuation

MetricBHARTIARTLMTNL
Market Cap₹11,88,43,991.11 L Cr₹1,713 Cr
P/E Ratio43.45x-0.55x
P/B Ratio7.78x-0.06x
EPS₹44.58₹-49.32
Book Value₹254.97₹-476
Dividend Yield1.26%0%

Growth

MetricBHARTIARTLMTNL
Revenue Growth (TTM YoY)15.7%87.9%
EPS Growth (TTM YoY)-34%0%
Qtr Sales Growth15.7%34.5%
Qtr Profit Growth-16.5%62.9%

Profitability & Leverage

MetricBHARTIARTLMTNL
ROE20.3%
ROCE17.6%-2.25%
Net Margin14.96%-377.31%
Operating Margin55.2%-14.8%
Debt to Equity1.31x

Shareholding

As of Jun 2026 • change vs previous quarter
MetricBHARTIARTLMTNL
Promoter Holding40.47%56.25%
FII Holding27.12% 0.68 pp0.39% 0.12 pp
DII Holding21.26% 0.61 pp13.43%
Public Holding2.71% 0.07 pp29.92% 0.11 pp

How to Read This Comparison

Valuation ratios (P/E, P/B) use the latest consolidated figures where available; growth numbers compare against the same period last year; shareholding percentages come from the most recent quarterly filings, with the change shown against the prior quarter. A "more favourable" highlight is relative between these two companies only — it is not a rating, a recommendation, or a comparison against the wider sector. Rows with no reported data for either company are hidden rather than shown empty.

Deep-dive each company on its stock page for quarterly results, technicals, filings and the full peer set: Bharti Airtel Ltd and Mahanagar Telephone Nigam Limited.

Data source: NSE and company filings via StockeZee. This comparison is informational — it is not investment advice, and StockeZee is not a SEBI-registered investment adviser.