MTNL vs TATACOMM: Stock Comparison

Mahanagar Telephone Nigam Limited vs Tata Communications Limited

Live data: 28 July 2026, 4:08 PM IST • Source: NSE and company filings

Tata Communications Limited is the larger company by market capitalisation. Mahanagar Telephone Nigam Limited shows a lower P/E and faster revenue growth, while Tata Communications Limited 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.

Side-by-side comparison of Mahanagar Telephone Nigam Limited and Tata Communications 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, MTNL is more favourable on 6 of 11 scored metrics and TATACOMM on 5These counts are context-free and are not an overall rating.

Key Differences

Market Cap
TATACOMM is the larger company
₹50,257 Cr vs ₹1,687 Cr
P/E Ratio
MTNL has a lower P/E
-0.54x vs 52.88x
P/B Ratio
MTNL has a lower P/B
-0.06x vs 14.51x
EPS
TATACOMM has higher earnings per share
₹36.29 vs ₹-49.32
Dividend Yield
TATACOMM has a higher dividend yield
2.27% 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
MTNL has stronger quarterly sales growth
34.5% vs 9.41%

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₹26.75₹1,764.5
Day Change-1.55%1.69%
Volume4.06 L4.27 L
52-Week High₹48.8₹2,110
52-Week Low₹21.26₹1,322.5
Distance from 52W High-45.18%-16.37%

Valuation

MetricMTNLTATACOMM
Market Cap₹1,687 Cr₹50,257 Cr
P/E Ratio-0.54x52.88x
P/B Ratio-0.06x14.51x
EPS₹-49.32₹36.29
Book Value₹-476₹120.95
Dividend Yield0%2.27%

Growth

MetricMTNLTATACOMM
Revenue Growth (TTM YoY)87.9%9.4%
EPS Growth (TTM YoY)0%-74.7%
Qtr Sales Growth34.5%9.41%
Qtr Profit Growth62.9%-14.5%

Profitability & Leverage

MetricMTNLTATACOMM
ROE31.13%
ROCE-2.25%14.7%
Net Margin-377.31%7.53%
Operating Margin-14.8%7.9%
Debt to Equity335.85x

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 Limited and Tata Communications 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.