MFSL vs NDGL: Stock Comparison

MAX FINANCIAL SERV vs NAGA DHUNSERI GROUPUpdated 11 Sept 26, 4:08 PM ISTNSE & company filings

MAX FINANCIAL SERV is the larger company by market capitalisation. MAX FINANCIAL SERV shows a higher ROE, a higher ROCE and a higher net margin, while NAGA DHUNSERI GROUP shows a lower P/E and faster revenue growth. 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

MFSL leads 3; NDGL leads 7 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.

MFSLNDGL

Valuation lens

What price are you paying?

Market CapContext only
₹51,084 Cr
₹269 Cr
P/E RatioNDGL has the lower reading
432.81x
0x
P/B RatioNDGL has the lower reading
9.67x
0.22x
EPSNDGL has the higher reading
₹0.02
₹363.58
Book ValueContext only
₹186.02
₹13,745.31
Dividend YieldSame reading
0%
0%

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

Key Differences

Market Cap
MFSL is the larger company
₹51,084 Cr vs ₹269 Cr
P/E Ratio
NDGL has a lower P/E
0x vs 432.81x
P/B Ratio
NDGL has a lower P/B
0.22x vs 9.67x
EPS
NDGL has higher earnings per share
₹363.58 vs ₹0.02
Revenue Growth (TTM YoY)
NDGL has faster revenue growth
0% vs -40.2%
Qtr Sales Growth
NDGL has stronger quarterly sales growth
911.1% vs -99.98%
Qtr Profit Growth
NDGL has stronger quarterly profit growth
648.47% vs -99.38%
ROE
MFSL has a higher ROE
1.63% vs -0.76%

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

Profile

MetricMFSLNDGL
SectorFinancial ServicesFinancial Services
IndustryLife InsuranceInvestment Company

Price

MetricMFSLNDGL
Live Price₹1,477₹2,692.2
Day Change-0.2%-0.88%
Volume3.5 L203
52-Week High₹1,892.5₹4,050
52-Week Low₹1,433.6₹2,100
Distance from 52W High-21.96%-33.53%

Valuation

MetricMFSLNDGL
Market Cap₹51,084 Cr₹269 Cr
P/E Ratio432.81x0x
P/B Ratio9.67x0.22x
EPS₹0.02₹363.58
Book Value₹186.02₹13,745.31
Dividend Yield0%0%

Growth

MetricMFSLNDGL
Revenue Growth (TTM YoY)-40.2%0%
EPS Growth (TTM YoY)0%0%
Qtr Sales Growth-99.98%911.1%
Qtr Profit Growth-99.38%648.47%

Profitability & Leverage

Debt-to-equity is shown for reference only — it is not a like-for-like metric for banks and financials.
MetricMFSLNDGL
ROE1.63%-0.76%
ROCE4.72%0.55%
Net Margin0.18%-2.01%
Operating Margin0.49%1.87%
Debt to Equity0x0.18x

Shareholding

As of Jun 2026 • change vs previous quarter
MetricMFSLNDGL
Promoter Holding1.25%73.58%
FII Holding48.06% 0.18 pp0%
DII Holding44.34% 0.41 pp0.43%
Public Holding6.35% 0.23 pp25.98%

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: MAX FINANCIAL SERV and NAGA DHUNSERI GROUP.

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.