TickerKhojComparison · NSE · data 2026-11-02
HDFC Life Insurance Co. Ltd. vs Max Financial Services Limited
In plain words
Size: HDFC Life Insurance Co. Ltd. is about 2.7 times the market value of Max Financial Services Limited.
Valuation (P/E): Max Financial Services Limited 224.1 vs HDFC Life Insurance Co. Ltd. 55.5.
Return on equity: HDFC Life Insurance Co. Ltd. 11.3% vs Max Financial Services Limited 1.6%.
Profit growth over 3 years: HDFC Life Insurance Co. Ltd. 11.8% a year vs Max Financial Services Limited -39.5% a year.
Debt to equity: Max Financial Services Limited 0.44 vs HDFC Life Insurance Co. Ltd. 0.17.
Differences in the numbers, not a recommendation of either stock.
Side by side
| HDFCLIFE | MFSL | |
|---|---|---|
| Price | ₹525.3 | ₹1,211.8 |
| Market cap | ₹1,13,659 cr | ₹41,517 cr |
| P/E | 55.5 | 224.1 |
| P/B | 5.9 | 7.3 |
| ROE | 11.3% | 1.6% |
| ROCE | 0.6% | — |
| Debt / equity | 0.17 | 0.44 |
| Operating margin | 1.9% | 0.5% |
| Dividend yield | 0.40% | 0.00% |
| Sales growth, 3 years (yearly) | 12.7% | 15.1% |
| Profit growth, 3 years (yearly) | 11.8% | -39.5% |
| 1-year return | -29.5% | -22.1% |
| Revenue, last 12 months | ₹1,08,500 cr | ₹51,655 cr |
| Net profit, last 12 months | ₹2,048 cr | ₹186 cr |
| Latest quarter | Sept 2026 | Sept 2026 |
| Quarter net profit | ₹522 cr | ₹80 cr |
| Quarter profit vs a year earlier | +16.4% | +1839.8% |
| Promoter holding | 50.53% | 1.25% |
| Health check | Average (4.4/10) | Weak (3.1/10) |
Common questions
Which has a higher P/E, HDFC Life Insurance Co. Ltd. or Max Financial Services Limited?
Max Financial Services Limited trades at the higher P/E (224.1 against 55.5). A higher P/E means the market pays more for each rupee of past earnings; on its own it does not say which is better.
Which earns a higher return on equity?
HDFC Life Insurance Co. Ltd. (11.3% against 1.6%).
Which carries more debt?
Max Financial Services Limited has the higher debt-to-equity ratio (0.44 against 0.17).