IDEA vs MTNL: Stock Comparison

VODAFONE IDEA vs MAHANAGAR TELEPHONE NIGAMUpdated 18 Sept 26, 4:08 PM ISTNSE & company filings

VODAFONE IDEA is the larger company by market capitalisation. VODAFONE IDEA shows 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

IDEA leads 6; MTNL leads 3 of 11

Not a rating

Interactive comparison

Compare the numbers that shape the decision

Every row uses its own scale. Switch lenses to compare like with like.

IDEAMTNL

Valuation lens

What price are you paying?

Market CapContext only
₹1.53 L Cr
₹1,493 Cr
P/E RatioMTNL has the lower reading
4.09x
0x
P/B RatioIDEA has the lower reading
-4.27x
-0.05x
EPSIDEA has the higher reading
₹-0.34
₹-13.37
Dividend YieldSame reading
0%
0%

✓ marks the usual favourable reading; it is not a recommendation.

Key Differences

Market Cap
IDEA is the larger company
₹1.53 L Cr vs ₹1,493 Cr
P/E Ratio
MTNL has a lower P/E
0x vs 4.09x
P/B Ratio
IDEA has a lower P/B
-4.27x vs -0.05x
EPS
IDEA has higher earnings per share
₹-0.34 vs ₹-13.37
Revenue Growth (TTM YoY)
MTNL has faster revenue growth
87.9% vs 3.2%
Qtr Sales Growth
MTNL has stronger quarterly sales growth
8.4% vs -1.28%
Qtr Profit Growth
IDEA has stronger quarterly profit growth
1.12% vs -0.15%
ROCE
IDEA has a higher ROCE
51.25% vs -2.35%

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

Profile

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

Price

MetricIDEAMTNL
Live Price₹13.92₹23.8
Day Change-2.11%0.13%
Volume35.04 Cr7.79 L
52-Week High₹15.79₹46.09
52-Week Low₹7.72₹21.26
Distance from 52W High-11.84%-48.36%

Valuation

MetricIDEAMTNL
Market Cap₹1.53 L Cr₹1,493 Cr
P/E Ratio4.09x0x
P/B Ratio-4.27x-0.05x
EPS₹-0.34₹-13.37
Dividend Yield0%0%

Growth

MetricIDEAMTNL
Revenue Growth (TTM YoY)3.2%87.9%
EPS Growth (TTM YoY)0%0%
Qtr Sales Growth-1.28%8.4%
Qtr Profit Growth1.12%-0.15%

Profitability & Leverage

MetricIDEAMTNL
ROCE51.25%-2.35%
Net Margin77.14%-377.31%
Operating Margin125.73%-15.23%

Shareholding

As of Jun 2026 • change vs previous quarter
MetricIDEAMTNL
Promoter Holding6.63%56.25%
FII Holding6.17% 0.61 pp0.39% 0.12 pp
DII Holding6.07% 0.14 pp13.43%
Public Holding13.13% 0.46 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: VODAFONE IDEA and MAHANAGAR TELEPHONE NIGAM.

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.