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HDBFS vs MFSL: Stock Comparison

HDB FINANCIAL SERVICES L vs MAX FINANCIAL SERVUpdated 19 Oct 26, 4:08 PM ISTNSE & company filings

MAX FINANCIAL SERV is the larger company by market capitalisation. HDB FINANCIAL SERVICES L shows a lower P/E, a higher ROE and a higher dividend yield. 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

HDBFS leads 11; MFSL leads 1 of 12

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.

HDBFSMFSL

Valuation lens

What price are you paying?

Market CapContext only
₹42,317 Cr
₹43,930 Cr
P/E RatioHDBFS has the lower reading
0x ✓
372.19x
P/B RatioHDBFS has the lower reading
0x ✓
8.32x
EPSHDBFS has the higher reading
₹9.4 ✓
₹2.77
Book ValueContext only
₹248.85
₹186.02
Dividend YieldHDBFS has the higher reading
0.79% ✓
0%

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

Key Differences

Market Cap
MFSL is the larger company
₹43,930 Cr vs ₹42,317 Cr
P/E Ratio
HDBFS has a lower P/E
0x vs 372.19x
P/B Ratio
HDBFS has a lower P/B
0x vs 8.32x
EPS
HDBFS has higher earnings per share
₹9.4 vs ₹2.77
Dividend Yield
HDBFS has a higher dividend yield
0.79% vs 0%
Revenue Growth (TTM YoY)
HDBFS has faster revenue growth
18.4% vs -40.2%
EPS Growth (TTM YoY)
HDBFS has faster EPS growth
35.7% vs 0%
Qtr Sales Growth
HDBFS has stronger quarterly sales growth
1.37% vs 0%

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

Profile

MetricHDBFSMFSL
SectorFinancial ServicesFinancial Services
IndustryNon Banking Financial Company (NBFC)Life Insurance

Price

MetricHDBFSMFSL
Live Price₹509.05₹1,281
Day Change-0.69%-1.07%
Volume16.56 L9.11 L
52-Week High₹796.7₹1,892.5
52-Week Low₹507₹1,263.3
Distance from 52W High-36.11%-32.31%

Valuation

MetricHDBFSMFSL
Market Cap₹42,317 Cr₹43,930 Cr
P/E Ratio0x372.19x
P/B Ratio0x8.32x
EPS₹9.4₹2.77
Book Value₹248.85₹186.02
Dividend Yield0.79%0%

Growth

MetricHDBFSMFSL
Revenue Growth (TTM YoY)18.4%-40.2%
EPS Growth (TTM YoY)35.7%0%
Qtr Sales Growth1.37%0%
Qtr Profit Growth-0.64%0%

Profitability & Leverage

Debt-to-equity is shown for reference only — it is not a like-for-like metric for banks and financials.
MetricHDBFSMFSL
ROE12.31%0.09%
ROCE9.67%0.1%
Net Margin28.92%0.18%
Operating Margin55.38%25.53%
Debt to Equity2.9x0x

Shareholding

As of Sep 2026 • change vs previous quarter
MetricHDBFSMFSL
Promoter Holding74.08%▼ 0.04 pp1.25%
FII Holding4.04%▲ 0.49 pp48.62%▲ 0.56 pp
DII Holding11.95%▼ 0.15 pp43.7%▼ 0.64 pp
Public Holding9.7%▼ 0.31 pp6.44%▲ 0.09 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: HDB FINANCIAL SERVICES L and MAX FINANCIAL SERV.

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.