PINELABS vs PML: Stock Comparison
PINE LABS is the larger company by market capitalisation. PINE LABS shows a higher ROE and a higher ROCE, while PAUL MERCHANTS 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.
Metric snapshot
PINELABS leads 4; PML leads 4 of 10
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✓ marks the usual favourable reading; it is not a recommendation.
Key Differences
Each difference is a single, relative reading — StockeZee does not name an overall winner.
Profile
| Metric | PINELABS | PML |
|---|---|---|
| Sector | Financial Services | — |
| Industry | Financial Technology (Fintech) | — |
Price
| Metric | PINELABS | PML |
|---|---|---|
| Live Price | ₹162.32 | ₹483.85 |
| Day Change | 1.52% | -1.66% |
| Volume | 2.04 Cr | 99 |
| 52-Week High | ₹284 | ₹645 |
| 52-Week Low | ₹134.73 | ₹451.55 |
| Distance from 52W High | -42.85% | -24.98% |
Valuation
| Metric | PINELABS | PML |
|---|---|---|
| Market Cap | ₹18,808 Cr | ₹147 Cr |
| P/E Ratio | 144.01x | — |
| P/B Ratio | 3.11x | — |
| EPS | ₹0.38 | ₹2.8 |
| Book Value | ₹51.09 | ₹2,912.09 |
| Dividend Yield | 0% | 0% |
Growth
| Metric | PINELABS | PML |
|---|---|---|
| Revenue Growth (TTM YoY) | -34.3% | 0% |
| EPS Growth (TTM YoY) | 0% | 0% |
| Qtr Sales Growth | -27.4% | -2.45% |
| Qtr Profit Growth | 123.1% | -90.3% |
Profitability & Leverage
Debt-to-equity is shown for reference only — it is not a like-for-like metric for banks and financials.| Metric | PINELABS | PML |
|---|---|---|
| ROE | 4.03% | 1.01% |
| ROCE | 6.19% | 1.67% |
| Net Margin | 3.03% | 12.96% |
| Operating Margin | 12.19% | 0.95% |
| Debt to Equity | 0.05x | 0.01x |
Shareholding
As of Jun 2026 • change vs previous quarter| Metric | PINELABS | PML |
|---|---|---|
| Promoter Holding | — | 74.65% |
| FII Holding | 9.49%▲ 4.69 pp | 0% |
| DII Holding | 24.82%▲ 13.01 pp | 0% |
| Public Holding | 65.69%▼ 17.7 pp | 25.35% |
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: PINE LABS and PAUL MERCHANTS.
Related Comparisons
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.

