PINELABS vs PML: Stock Comparison

Pine Labs Limited vs Paul Merchants Ltd

Live data: 15 July 2026, 4:08 PM IST • Source: NSE and company filings

Pine Labs 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 Pine Labs 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, PINELABS is more favourable on 5 of 10 scored metrics and PML on 3These counts are context-free and are not an overall rating.

Key Differences

EPS
PML has higher earnings per share
₹871 vs ₹1.03
Revenue Growth (TTM YoY)
PML has faster revenue growth
0% vs -34.3%
Qtr Sales Growth
PINELABS has stronger quarterly sales growth
17% vs -17.2%
Qtr Profit Growth
PINELABS has stronger quarterly profit growth
284% vs 225%
ROE
PINELABS has a higher ROE
2.46% vs 1.2%
ROCE
PINELABS has a higher ROCE
4.16% vs 2.54%
Net Margin
PML has a higher net margin
12.96% vs 3.03%
Operating Margin
PINELABS has a higher operating margin
13.2% vs -0.75%

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

Profile

MetricPINELABSPML
SectorFinancial Services
IndustryFinancial Technology (Fintech)

Price

MetricPINELABSPML
Live Price₹157.25₹482.45
Day Change0.21%0.51%
Volume2.52 Cr202
52-Week High₹284₹645
52-Week Low₹134.73₹451.55
Distance from 52W High-44.63%-25.2%

Valuation

MetricPINELABSPML
Market Cap₹18,114 Cr
P/E Ratio160.41x
P/B Ratio3.06x
EPS₹1.03₹871
Book Value₹51.64₹2,909
Dividend Yield0%0%

Growth

MetricPINELABSPML
Revenue Growth (TTM YoY)-34.3%0%
EPS Growth (TTM YoY)0%0%
Qtr Sales Growth17%-17.2%
Qtr Profit Growth284%225%

Profitability & Leverage

Debt-to-equity is shown for reference only — it is not a like-for-like metric for banks and financials.
MetricPINELABSPML
ROE2.46%1.2%
ROCE4.16%2.54%
Net Margin3.03%12.96%
Operating Margin13.2%-0.75%
Debt to Equity0x0x

Shareholding

As of Mar 2026 • change vs previous quarter
MetricPINELABSPML
Promoter Holding74.65%
FII Holding4.8% 0.43 pp0% 0.16 pp
DII Holding11.81% 0.56 pp0%
Public Holding83.39% 0.12 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: Pine Labs 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.