MTNL vs TATACOMM: Stock Comparison

MAHANAGAR TELEPHONE NIGAM vs TATA COMMUNICATIONSUpdated 18 Sept 26, 4:08 PM ISTNSE & company filings

TATA COMMUNICATIONS is the larger company by market capitalisation. MAHANAGAR TELEPHONE NIGAM shows a lower P/E and faster revenue growth, while TATA COMMUNICATIONS shows a higher dividend yield, a higher ROCE and a higher net margin. 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

MTNL leads 4; TATACOMM leads 7 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.

MTNLTATACOMM

Valuation lens

What price are you paying?

Market CapContext only
₹1,493 Cr
₹50,217 Cr
P/E RatioMTNL has the lower reading
0x
53.09x
P/B RatioMTNL has the lower reading
-0.05x
14.57x
EPSTATACOMM has the higher reading
₹-13.37
₹4.71
Book ValueContext only
₹128.1
Dividend YieldTATACOMM has the higher reading
0%
0.99%

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

Key Differences

Market Cap
TATACOMM is the larger company
₹50,217 Cr vs ₹1,493 Cr
P/E Ratio
MTNL has a lower P/E
0x vs 53.09x
P/B Ratio
MTNL has a lower P/B
-0.05x vs 14.57x
EPS
TATACOMM has higher earnings per share
₹4.71 vs ₹-13.37
Dividend Yield
TATACOMM has a higher dividend yield
0.99% vs 0%
Revenue Growth (TTM YoY)
MTNL has faster revenue growth
87.9% vs 9.4%
EPS Growth (TTM YoY)
MTNL has faster EPS growth
0% vs -74.7%
Qtr Sales Growth
TATACOMM has stronger quarterly sales growth
258.04% vs 8.4%

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

Profile

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

Price

MetricMTNLTATACOMM
Live Price₹23.8₹1,780.1
Day Change0.13%-0.64%
Volume7.79 L7.13 L
52-Week High₹46.09₹2,110
52-Week Low₹21.26₹1,322.5
Distance from 52W High-48.36%-15.64%

Valuation

MetricMTNLTATACOMM
Market Cap₹1,493 Cr₹50,217 Cr
P/E Ratio0x53.09x
P/B Ratio-0.05x14.57x
EPS₹-13.37₹4.71
Book Value₹128.1
Dividend Yield0%0.99%

Growth

MetricMTNLTATACOMM
Revenue Growth (TTM YoY)87.9%9.4%
EPS Growth (TTM YoY)0%-74.7%
Qtr Sales Growth8.4%258.04%
Qtr Profit Growth-0.15%24.19%

Profitability & Leverage

MetricMTNLTATACOMM
ROE28.46%
ROCE-2.35%11.33%
Net Margin-377.31%7.53%
Operating Margin-15.23%8.87%
Debt to Equity2.9x

Shareholding

As of Jun 2026 • change vs previous quarter
MetricMTNLTATACOMM
Promoter Holding56.25%58.86%
FII Holding0.39% 0.12 pp13.75% 0.68 pp
DII Holding13.43%19.86% 0.72 pp
Public Holding29.92% 0.11 pp7.53% 0.03 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: MAHANAGAR TELEPHONE NIGAM and TATA COMMUNICATIONS.

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.