MTNL vs TTML: Stock Comparison

MAHANAGAR TELEPHONE NIGAM vs TATA TELESERV(MAHARASTRA)Updated 18 Sept 26, 4:08 PM ISTNSE & company filings

TATA TELESERV(MAHARASTRA) is the larger company by market capitalisation. MAHANAGAR TELEPHONE NIGAM shows a lower P/E and faster revenue growth, while TATA TELESERV(MAHARASTRA) shows 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; TTML leads 5 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.

MTNLTTML

Valuation lens

What price are you paying?

Market CapContext only
₹1,493 Cr
₹6,989 Cr
P/E RatioMTNL has the lower reading
0x
188.16x
P/B RatioTTML has the lower reading
-0.05x
-0.35x
EPSTTML has the higher reading
₹-13.37
₹-0.37
Dividend YieldSame reading
0%
0%

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

Key Differences

Market Cap
TTML is the larger company
₹6,989 Cr vs ₹1,493 Cr
P/E Ratio
MTNL has a lower P/E
0x vs 188.16x
P/B Ratio
TTML has a lower P/B
-0.35x vs -0.05x
EPS
TTML has higher earnings per share
₹-0.37 vs ₹-13.37
Revenue Growth (TTM YoY)
MTNL has faster revenue growth
87.9% vs -4.1%
Qtr Sales Growth
MTNL has stronger quarterly sales growth
8.4% vs 2.04%
Qtr Profit Growth
MTNL has stronger quarterly profit growth
-0.15% vs -112.42%
ROCE
TTML has a higher ROCE
172.47% vs -2.35%

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₹23.8₹35.73
Day Change0.13%-2.48%
Volume7.79 L15.17 L
52-Week High₹46.09₹60.08
52-Week Low₹21.26₹31.22
Distance from 52W High-48.36%-40.53%

Valuation

MetricMTNLTTML
Market Cap₹1,493 Cr₹6,989 Cr
P/E Ratio0x188.16x
P/B Ratio-0.05x-0.35x
EPS₹-13.37₹-0.37
Dividend Yield0%0%

Growth

MetricMTNLTTML
Revenue Growth (TTM YoY)87.9%-4.1%
EPS Growth (TTM YoY)0%0%
Qtr Sales Growth8.4%2.04%
Qtr Profit Growth-0.15%-112.42%

Profitability & Leverage

MetricMTNLTTML
ROCE-2.35%172.47%
Net Margin-377.31%-16.99%
Operating Margin-15.23%98.75%

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 and TATA TELESERV(MAHARASTRA).

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.