MFSL vs PML: Stock Comparison

Max Financial Services Limited vs Paul Merchants Ltd

Live data: 31 July 2026, 4:08 PM IST • Source: NSE and company filings

Max Financial Services Limited is the larger company by market capitalisation. Max Financial Services Limited shows a higher ROE and a higher ROCE, while Paul Merchants Ltd shows faster revenue growth 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 Max Financial Services Limited and Paul Merchants 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, MFSL is more favourable on 4 of 10 scored metrics and PML on 4These counts are context-free and are not an overall rating.

Key Differences

Market Cap
MFSL is the larger company
₹51,629 Cr vs ₹157 Cr
EPS
PML has higher earnings per share
₹871 vs ₹2.49
Revenue Growth (TTM YoY)
PML has faster revenue growth
0% vs -40.2%
Qtr Sales Growth
MFSL has stronger quarterly sales growth
-12.7% vs -17.2%
Qtr Profit Growth
PML has stronger quarterly profit growth
225% vs -184%
ROE
MFSL has a higher ROE
1.57% vs 1.2%
ROCE
MFSL has a higher ROCE
2.95% vs 2.54%
Net Margin
PML has a higher net margin
12.96% vs 0.18%

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

Profile

MetricMFSLPML
SectorFinancial Services
IndustryLife Insurance

Price

MetricMFSLPML
Live Price₹1,499₹504.5
Day Change-0.78%1.45%
Volume5.16 L218
52-Week High₹1,892.5₹645
52-Week Low₹1,433.6₹451.55
Distance from 52W High-20.79%-21.78%

Valuation

MetricMFSLPML
Market Cap₹51,629 Cr₹157 Cr
P/E Ratio620.7x
P/B Ratio9.86x
EPS₹2.49₹871
Book Value₹79.7₹2,909
Dividend Yield0%0%

Growth

MetricMFSLPML
Revenue Growth (TTM YoY)-40.2%0%
EPS Growth (TTM YoY)0%0%
Qtr Sales Growth-12.7%-17.2%
Qtr Profit Growth-184%225%

Profitability & Leverage

Debt-to-equity is shown for reference only — it is not a like-for-like metric for banks and financials.
MetricMFSLPML
ROE1.57%1.2%
ROCE2.95%2.54%
Net Margin0.18%12.96%
Operating Margin0.44%-0.75%
Debt to Equity0.35x0.01x

Shareholding

As of Jun 2026 • change vs previous quarter
MetricMFSLPML
Promoter Holding1.25%74.65%
FII Holding48.06% 0.18 pp0% 0.16 pp
DII Holding44.34% 0.41 pp0%
Public Holding6.35% 0.23 pp25.35% 0.17 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: Max Financial Services Limited and Paul Merchants 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.