HDFC Life Insurance vs MFSL: share price, P/E, ROE and financials compared
HDFC Life Insurance Company
Max Financial Services
HDFC Life Insurance and MFSL at a glance
HDFC Life Insurance and MFSL are both listed in Financial Services. HDFC Life Insurance is the larger by market cap, at ₹1.2L Cr against ₹44,327 Cr for MFSL (2.8 times as large). On valuation, HDFC Life Insurance has the lower P/E (59.7× against 239.2×) and the lower price-to-book (6.47× against 7.70×). On returns and margins, HDFC Life Insurance has the higher ROE (11.3% against 3.4%). Over three years, HDFC Life Insurance has faster 3-year profit growth (+11.8% against −39.5% a year). Both are lenders or insurers, so ROCE, operating margin and debt-to-equity aren’t compared: those ratios don’t fit financial balance sheets.
Key metrics, side by side
| Metric | HDFC Life InsuranceHDFCLIFE | MFSLMFSL |
|---|---|---|
| Price (₹) | 565.30 | 1,284.40 |
| Market cap (₹ Cr) | 1,22,786 | 44,327 |
| P/E | 59.7× (the lower figure, shaded) | 239.2× |
| P/B | 6.47× (the lower figure, shaded) | 7.70× |
| Dividend yield, trailing | 0.37% (the higher figure, shaded) | 0.00% |
| ROE | 11.3% (the higher figure, shaded) | 3.4% |
| ROCE | n/m | n/m |
| Operating margin (OPM) | n/m | n/m |
| Net margin (NPM) | 1.9% (the higher figure, shaded) | 0.4% |
| Sales CAGR 3Y | n/m | n/m |
| Profit CAGR 3Y | +11.8% (the higher figure, shaded) | −39.5% |
| Debt to equity | n/m | n/m |
| Interest cover | n/m | n/m |
| Net profit TTM (₹ Cr) | 2,048 | 186 |
| 1Y return | −26.8% | −20.0% (the higher figure, shaded) |
| Promoter holding | 50.53% | 1.25% |
HDFC Life Insurance vs MFSL: common questions
Which is bigger, HDFC Life Insurance or MFSL?
By market cap, HDFC Life Insurance is bigger at ₹1.2L Cr, against ₹44,327 Cr for MFSL (prices as of 6 Nov 2026). Net profit over the last twelve months was ₹2,048 Cr for HDFC Life Insurance and ₹186 Cr for MFSL.
Which has a lower P/E ratio, HDFC Life Insurance or MFSL?
HDFC Life Insurance trades at a P/E of 59.7× and MFSL at 239.2×. HDFC Life Insurance has the lower P/E. P/E is the share price divided by earnings per share; it varies a lot between industries and with growth, so it says little on its own.
Which has a higher ROE, HDFC Life Insurance or MFSL?
HDFC Life Insurance reports a return on equity of 11.3% and MFSL 3.4%. HDFC Life Insurance has the higher ROE. ROE is net profit as a share of shareholders’ equity.
Which is growing faster, HDFC Life Insurance or MFSL?
Over the last three years: profit grew +11.8% a year at HDFC Life Insurance and −39.5% at MFSL, so HDFC Life Insurance grew profit faster. Past growth doesn’t predict future growth.