MTNL vs TATACOMM: Stock Comparison
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
Interactive comparison
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Valuation lens
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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 | MTNL | TATACOMM |
|---|---|---|
| Sector | Telecommunication | Telecommunication |
| Industry | Telecom - Cellular & Fixed line services | Telecom - Cellular & Fixed line services |
Price
| Metric | MTNL | TATACOMM |
|---|---|---|
| Live Price | ₹23.8 | ₹1,780.1 |
| Day Change | 0.13% | -0.64% |
| Volume | 7.79 L | 7.13 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
| Metric | MTNL | TATACOMM |
|---|---|---|
| Market Cap | ₹1,493 Cr | ₹50,217 Cr |
| P/E Ratio | 0x | 53.09x |
| P/B Ratio | -0.05x | 14.57x |
| EPS | ₹-13.37 | ₹4.71 |
| Book Value | — | ₹128.1 |
| Dividend Yield | 0% | 0.99% |
Growth
| Metric | MTNL | TATACOMM |
|---|---|---|
| Revenue Growth (TTM YoY) | 87.9% | 9.4% |
| EPS Growth (TTM YoY) | 0% | -74.7% |
| Qtr Sales Growth | 8.4% | 258.04% |
| Qtr Profit Growth | -0.15% | 24.19% |
Profitability & Leverage
| Metric | MTNL | TATACOMM |
|---|---|---|
| ROE | — | 28.46% |
| ROCE | -2.35% | 11.33% |
| Net Margin | -377.31% | 7.53% |
| Operating Margin | -15.23% | 8.87% |
| Debt to Equity | — | 2.9x |
Shareholding
As of Jun 2026 • change vs previous quarter| Metric | MTNL | TATACOMM |
|---|---|---|
| Promoter Holding | 56.25% | 58.86% |
| FII Holding | 0.39%▼ 0.12 pp | 13.75%▼ 0.68 pp |
| DII Holding | 13.43% | 19.86%▲ 0.72 pp |
| Public Holding | 29.92%▲ 0.11 pp | 7.53%▼ 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.
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.

