BHARTIHEXA vs MTNL: Stock Comparison
BHARTI HEXACOM is the larger company by market capitalisation. BHARTI HEXACOM shows a higher dividend yield, a higher ROCE and a higher net margin, while MAHANAGAR TELEPHONE NIGAM 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.
Metric snapshot
BHARTIHEXA leads 5; MTNL leads 4 of 11
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✓ marks the usual favourable reading; it is not a recommendation.
Key Differences
Each difference is a single, relative reading — StockeZee does not name an overall winner.
Profile
| Metric | BHARTIHEXA | MTNL |
|---|---|---|
| Sector | Telecommunication | Telecommunication |
| Industry | Telecom - Cellular & Fixed line services | Telecom - Cellular & Fixed line services |
Price
| Metric | BHARTIHEXA | MTNL |
|---|---|---|
| Live Price | ₹1,642.1 | ₹22.18 |
| Day Change | -0.92% | -1.16% |
| Volume | 6,191 | 3.06 L |
| 52-Week High | ₹1,925 | ₹44.67 |
| 52-Week Low | ₹1,359.2 | ₹21.26 |
| Distance from 52W High | -14.7% | -50.35% |
Valuation
| Metric | BHARTIHEXA | MTNL |
|---|---|---|
| Market Cap | ₹82,325 Cr | ₹1,397 Cr |
| P/E Ratio | 45.42x | 0x |
| P/B Ratio | 11.56x | -0.05x |
| EPS | ₹36.47 | ₹-13.37 |
| Book Value | ₹143.3 | — |
| Dividend Yield | 1.08% | 0% |
Growth
| Metric | BHARTIHEXA | MTNL |
|---|---|---|
| Revenue Growth (TTM YoY) | 5.4% | 87.9% |
| EPS Growth (TTM YoY) | -4.7% | 0% |
| Qtr Sales Growth | 0% | 0% |
| Qtr Profit Growth | 0% | 0% |
Profitability & Leverage
| Metric | BHARTIHEXA | MTNL |
|---|---|---|
| ROE | 24.19% | — |
| ROCE | 21.5% | -2.25% |
| Net Margin | 19.09% | -377.31% |
| Operating Margin | 30.65% | -13.52% |
| Debt to Equity | 0.38x | — |
Shareholding
As of Sep 2026 • change vs previous quarter| Metric | BHARTIHEXA | MTNL |
|---|---|---|
| Promoter Holding | 70% | 56.25% |
| FII Holding | 3.25%▼ 0.33 pp | 0.01%▼ 0.38 pp |
| DII Holding | 11.03%▲ 0.39 pp | 13.43% |
| Public Holding | 15.73%▼ 0.05 pp | 30.31%▲ 0.39 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 HEXACOM and MAHANAGAR TELEPHONE NIGAM.
Related Comparisons
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.