Comparison · NSE · data 2026-11-01
Kalyan Jewellers India Ltd. vs Muthoot Finance Ltd
In plain words
Size: Muthoot Finance Ltd is about 1.9 times the market value of Kalyan Jewellers India Ltd..
Valuation (P/E): Kalyan Jewellers India Ltd. 35.9 vs Muthoot Finance Ltd 8.5.
Return on equity: Muthoot Finance Ltd 30.9% vs Kalyan Jewellers India Ltd. 24.3%.
Debt to equity: Muthoot Finance Ltd 3.86 vs Kalyan Jewellers India Ltd. 0.97.
Differences in the numbers, not a recommendation of either stock.
Side by side
| KALYANKJIL | MUTHOOTFIN | |
|---|---|---|
| Price | ₹498 | ₹2,408.6 |
| Market cap | ₹51,534 cr | ₹96,734 cr |
| P/E | 35.9 | 8.5 |
| P/B | — | 2.4 |
| ROE | 24.3% | 30.9% |
| ROCE | 30.5% | — |
| Debt / equity | 0.97 | 3.86 |
| Operating margin | 5.6% | 48.7% |
| Dividend yield | 0.50% | 1.25% |
| Sales growth, 3 years (yearly) | 36.5% | 37.8% |
| Profit growth, 3 years (yearly) | 46.1% | 43.1% |
| 1-year return | -2.5% | -24.5% |
| Revenue, last 12 months | ₹39,063 cr | ₹33,558 cr |
| Net profit, last 12 months | ₹1,435 cr | ₹11,373 cr |
| Latest quarter | Jun 2026 | Sept 2026 |
| Quarter net profit | ₹349 cr | ₹3,247 cr |
| Quarter profit vs a year earlier | +32.0% | +34.1% |
| Promoter holding | 62.85% | 73.35% |
| Health check | Average (5.9/10) | Strong (6.5/10) |
Common questions
Which has a higher P/E, Kalyan Jewellers India Ltd. or Muthoot Finance Ltd?
Kalyan Jewellers India Ltd. trades at the higher P/E (35.9 against 8.5). 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?
Muthoot Finance Ltd (30.9% against 24.3%).
Which carries more debt?
Muthoot Finance Ltd has the higher debt-to-equity ratio (3.86 against 0.97).