MTNL vs TTML: Stock Comparison

Mahanagar Telephone Nigam Limited vs Tata Teleservices (Maharashtra) Ltd

Live data: 4 August 2026, 12:44 PM IST • Source: NSE and company filings

Tata Teleservices (Maharashtra) Ltd is the larger company by market capitalisation. Mahanagar Telephone Nigam Limited shows a lower P/E, faster revenue growth and a higher ROCE, while Tata Teleservices (Maharashtra) Ltd shows 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 Teleservices (Maharashtra) Ltd 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 TTML on 3These counts are context-free and are not an overall rating.

Key Differences

Market Cap
TTML is the larger company
₹7,792 Cr vs ₹1,748 Cr
P/E Ratio
MTNL has a lower P/E
-0.57x vs 211.74x
P/B Ratio
TTML has a lower P/B
-0.39x vs -0.06x
EPS
TTML has higher earnings per share
₹0.37 vs ₹-49.32
Revenue Growth (TTM YoY)
MTNL has faster revenue growth
87.9% vs -4.1%
Qtr Sales Growth
MTNL has stronger quarterly sales growth
34.5% vs 20.9%
Qtr Profit Growth
MTNL has stronger quarterly profit growth
62.9% vs -64.1%
ROCE
MTNL has a higher ROCE
-2.25% vs -12.7%

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

Profile

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

Price

MetricMTNLTTML
Live Price₹27.77₹39.91
Day Change-1.21%-0.75%
Volume2.61 L4.56 L
52-Week High₹48.19₹60.62
52-Week Low₹21.26₹31.22
Distance from 52W High-42.37%-34.16%

Valuation

MetricMTNLTTML
Market Cap₹1,748 Cr₹7,792 Cr
P/E Ratio-0.57x211.74x
P/B Ratio-0.06x-0.39x
EPS₹-49.32₹0.37
Book Value₹-476₹-2.87
Dividend Yield0%0%

Growth

MetricMTNLTTML
Revenue Growth (TTM YoY)87.9%-4.1%
EPS Growth (TTM YoY)0%0%
Qtr Sales Growth34.5%20.9%
Qtr Profit Growth62.9%-64.1%

Profitability & Leverage

MetricMTNLTTML
ROCE-2.25%-12.7%
Net Margin-377.31%-16.99%
Operating Margin-14.8%-28.1%

Shareholding

As of Jun 2026 • change vs previous quarter
MetricMTNLTTML
Promoter Holding56.25%74.36%
FII Holding0.39% 0.12 pp2.52% 0.08 pp
DII Holding13.43%0.18% 0.01 pp
Public Holding29.92% 0.11 pp22.94% 0.07 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 Teleservices (Maharashtra) Ltd.

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.