Comparison · NSE · data 2026-10-31
Kalyan Jewellers India Ltd. vs Manappuram Finance Limited
In plain words
Size: Kalyan Jewellers India Ltd. is about 1.9 times the market value of Manappuram Finance Limited.
Valuation (P/E): Kalyan Jewellers India Ltd. 35.9 vs Manappuram Finance Limited 17.7.
Return on equity: Kalyan Jewellers India Ltd. 24.3% vs Manappuram Finance Limited 7%.
Profit growth over 3 years: Kalyan Jewellers India Ltd. 46.1% a year vs Manappuram Finance Limited -12.5% a year.
Debt to equity: Manappuram Finance Limited 3.6 vs Kalyan Jewellers India Ltd. 0.97.
Differences in the numbers, not a recommendation of either stock.
Side by side
| KALYANKJIL | MANAPPURAM | |
|---|---|---|
| Price | ₹498 | ₹289 |
| Market cap | ₹51,534 cr | ₹27,147 cr |
| P/E | 35.9 | 17.7 |
| P/B | — | — |
| ROE | 24.3% | 7.0% |
| ROCE | 30.5% | — |
| Debt / equity | 0.97 | 3.6 |
| Operating margin | 5.6% | 30.3% |
| Dividend yield | 0.50% | 0.87% |
| Sales growth, 3 years (yearly) | 36.5% | 12.3% |
| Profit growth, 3 years (yearly) | 46.1% | -12.5% |
| 1-year return | -2.5% | 4.7% |
| Revenue, last 12 months | ₹39,063 cr | ₹10,310 cr |
| Net profit, last 12 months | ₹1,435 cr | ₹1,449 cr |
| Latest quarter | — | Mar 2026 |
| Quarter net profit | — | ₹404 cr |
| Quarter profit vs a year earlier | — | — |
| Promoter holding | 62.85% | 41.66% |
| Health check | Average (5.9/10) | Average (4.9/10) |
Common questions
Which has a higher P/E, Kalyan Jewellers India Ltd. or Manappuram Finance Limited?
Kalyan Jewellers India Ltd. trades at the higher P/E (35.9 against 17.7). 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?
Kalyan Jewellers India Ltd. (24.3% against 7.0%).
Which carries more debt?
Manappuram Finance Limited has the higher debt-to-equity ratio (3.6 against 0.97).