JM Financial Ltd.

NSE: JMFINANCIL · Financial Services

₹111.42+2.42%06 Nov 2026

Ask the data

Instant answers about JM Financial Ltd. — computed from its filings, no language model

Market cap₹10,663 cr

Current price₹111.42

High / Low₹168 / ₹106

P/E—

P/B—

Book value—

ROE—

ROCE—

Debt / equity—

Dividend yield3.77%

EPS (TTM)—

Face value₹1

Price & valuation

split & bonus adjusted · pick a metric and range

Annual performance

annual · ₹ crore · line = operating margin

	FY20	FY22	FY23	FY24	FY25	FY26
Total income	3,454	3,763	3,343	4,832	4,453	4,261
Tax	316	356	244	326	225	404
Operating cash flow	—	-3,203	-2,449	3,635	5,569	581
Capex	—	17	125	54	34	64
Dividend paid	—	96	196	87	196	402
Total assets	—	25,814	29,370	29,764	24,504	26,537
Equity	—	7,686	—	—	—	—

Quarterly performance

last 28 quarters · ₹ crore

showing latest 8 of 28 periods

	SEP '18	DEC '18	DEC '19	MAR '20	JUN '20	SEP '20	DEC '20	JUN '21	SEP '21	DEC '21	MAR '22	SEP '22	DEC '22	MAR '23	JUN '23	SEP '23	DEC '23	MAR '24	JUN '24	SEP '24	DEC '24	MAR '25	JUN '25	SEP '25	DEC '25	MAR '26	JUN '26	SEP '26
Total income	976	901	905	841	691	803	891	993	969	964	839	877	946	871	1,081	1,214	1,261	1,276	1,094	1,211	1,121	1,027	1,121	1,044	1,126	969	1,225	1,056
Other income	15	2	5	5	4	3	6	7	7	13	30	19	19	26	16	17	25	15	17	21	14	23	10	13	127	20	24	24
Tax	139	121	83	51	45	56	81	86	89	88	92	80	81	21	55	72	96	103	59	10	79	76	135	89	95	84	87	95
Revenue YoY	—	—	0.5%	—	—	—	-1.6%	43.6%	20.7%	8.2%	—	-9.5%	-1.9%	3.8%	—	38.4%	33.3%	46.5%	1.2%	-0.2%	-11.1%	-19.5%	2.5%	-13.8%	0.5%	-5.6%	9.2%	1.1%

Earlier results (standalone, Sep '07 – Jun '18)

₹ crore · from BSE, before the NSE XBRL filings begin

JM Financial Ltd. reports consolidated figures above. Quarterly consolidated results only became mandatory in India in 2019, so the earlier history available is the standalone company only (excluding subsidiaries). It is shown separately so the two bases are never mixed.

Full years

showing latest 8 of 9 periods

	FY09†	FY11†	FY12†	FY13†	FY14†	FY15†	FY16†	FY17†	FY18†
Total income	—	44	63	54	87	104	150	162	114
Pre-provision op. profit	-2	21	46	47	75	88	132	146	55
Operating margin	—	47.4%	73.0%	86.7%	86.3%	84.6%	87.9%	90.3%	48.2%
Other income	—	—	—	3	1	—	—	—	130
Interest	0	—	0	0	0	8	27	40	35
Depreciation	0	1	1	0	0	0	0	1	1
Profit before tax	13	10	46	49	75	81	112	107	150
Tax	5	-0	3	4	4	2	-0	0	13
Net profit	8	10	42	45	71	78	112	107	136

Quarters

showing latest 8 of 43 periods

	SEP '07†	DEC '07†	MAR '08†	JUN '08†	SEP '08†	DEC '08†	MAR '09†	JUN '09†	SEP '09†	DEC '09†	JUN '10†	SEP '10†	DEC '10†	MAR '11†	JUN '11†	SEP '11†	DEC '11†	MAR '12†	JUN '12†	SEP '12†	DEC '12†	MAR '13†	JUN '13†	SEP '13†	DEC '13†	MAR '14†	JUN '14†	SEP '14†	DEC '14†	MAR '15†	JUN '15†	SEP '15†	DEC '15†	MAR '16†	JUN '16†	SEP '16†	DEC '16†	MAR '17†	JUN '17†	SEP '17†	DEC '17†	MAR '18†	JUN '18†
Total income	—	—	—	—	—	—	7	—	26	0	9	10	9	16	6	45	6	7	3	45	3	3	3	69	8	7	7	82	6	9	93	16	8	34	20	67	18	58	13	10	11	80	40
Pre-provision op. profit	-2	-3	-2	-1	-2	-5	6	-9	17	-10	2	3	2	14	2	41	2	1	2	43	0	1	1	64	6	4	4	76	2	6	86	13	6	27	17	60	14	55	8	6	7	34	1
Operating margin	—	—	—	—	—	—	84.5%	—	65.3%	-32066.7%	16.5%	33.4%	21.2%	88.8%	35.4%	91.2%	32.8%	22.1%	52.4%	96.3%	13.4%	39.6%	35.4%	93.4%	75.9%	50.5%	63.1%	92.1%	36.6%	65.5%	93.1%	82.9%	73.4%	79.2%	85.4%	90.4%	79.2%	95.1%	61.8%	61.0%	63.6%	42.2%	1.6%
Other income	5	18	11	6	6	6	—	12	—	12	—	—	—	—	—	—	—	—	2	0	0	0	0	0	0	0	—	0	—	0	—	0	—	8	—	0	1	0	94	0	0	35	5
Interest	—	0	0	0	0	0	0	0	0	0	0	0	—	11	0	0	0	0	0	0	0	0	0	0	0	0	0	0	1	6	7	8	6	7	9	9	15	7	11	8	10	5	6
Depreciation	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Profit before tax	3	1,721	27	4	4	-2	7	3	17	2	1	3	2	3	2	40	2	1	4	43	0	1	1	64	6	4	4	75	1	0	79	5	-0	28	8	52	-0	48	91	-2	-3	63	-1
Tax	0	391	-0	2	1	0	2	1	1	1	1	1	1	-2	1	1	1	1	3	0	0	0	1	1	1	2	2	1	0	-0	-0	0	0	-0	0	-0	-0	0	-0	-0	-0	14	1
Net profit	3	1,330	27	3	3	-3	5	2	16	1	1	2	1	6	1	40	1	1	1	43	0	1	1	63	5	2	3	74	1	1	80	5	-0	28	8	52	-0	48	91	-1	-3	49	-1
EPS ₹	0.93	443.21	9.13	0.88	0.04	-0.03	—	0.03	0.22	0.01	0.01	0.03	0.01	0.08	0.02	0.53	0.02	0.01	0.01	0.57	—	0.01	0.01	0.84	0.06	0.03	0.04	0.98	0.10	0.01	1.01	0.06	-0.01	0.36	0.10	0.65	—	0.60	1.15	-0.02	-0.03	0.61	-0.01
Revenue YoY	—	—	—	—	—	—	—	—	—	—	—	-62.4%	29766.7%	—	-36.5%	347.2%	-31.6%	-57.8%	-47.4%	1.3%	-56.1%	-59.1%	-4.5%	52.4%	178.8%	163.6%	133.3%	19.2%	-19.9%	28.0%	1236.1%	-80.6%	27.1%	261.6%	-78.5%	319.5%	129.3%	73.1%	-36.4%	-84.5%	-34.6%	37.2%	214.4%
Profit YoY	—	—	—	—	4.0%	-100.2%	-81.8%	-28.9%	465.1%	—	-67.7%	-85.2%	-1.8%	—	90.2%	1541.1%	16.4%	-91.4%	-4.3%	8.4%	-79.7%	11.8%	-40.5%	47.9%	1700.0%	298.2%	304.5%	16.9%	-84.4%	-76.7%	2885.8%	-93.3%	-165.8%	5198.1%	-90.5%	948.6%	—	69.8%	1103.0%	-102.8%	—	2.7%	-101.4%

Returns & margins

trailing-twelve-month, per quarter

showing latest 8 of 17 periods

	SEP '20	DEC '20	MAR '22	JUN '23	SEP '23	DEC '23	MAR '24	JUN '24	SEP '24	DEC '24	MAR '25	JUN '25	SEP '25	DEC '25	MAR '26	JUN '26	SEP '26
Asset turnover	0.14	0.14	0.15	0.13	0.13	0.14	0.16	0.16	0.17	0.17	0.18	0.18	0.18	0.18	0.16	0.16	0.17

Balance sheet

equity vs borrowings over time · ₹ crore

showing latest 6 of 16 periods

	MAR '15‡	MAR '16‡	MAR '17‡	MAR '18‡	MAR '19‡	MAR '21‡	MAR '22‡	SEP '22	MAR '23	SEP '23	MAR '24	SEP '24	MAR '25	SEP '25	MAR '26	SEP '26
Share capital	78	79	79	84	84	95	95	—	—	—	—	—	—	—	—	—
Reserves	2,367	2,656	3,078	4,471	5,048	6,905	7,591	—	—	—	—	—	—	—	—	—
Total equity	2,446	2,735	3,158	4,555	5,132	7,000	7,686	—	—	—	—	—	—	—	—	—
Deposits	—	—	—	—	—	—	—	0	0	0	0	0	0	0	0	0
Borrowings	4,721	6,671	10,802	14,988	13,991	12,366	13,458	4,921	5,864	5,642	5,186	3,908	2,733	3,057	2,691	2,771
Total assets	8,505	11,061	16,545	22,206	22,640	23,515	25,814	25,755	29,370	31,471	29,764	28,031	24,504	24,584	26,537	25,787
Advances	5,980	7,842	11,731	14,931	14,337	11,223	15,072	—	—	—	—	—	—	—	—	—
Investments	640	772	2,156	2,388	2,933	5,802	3,639	2,804	3,584	4,167	4,724	5,810	5,464	4,302	6,209	4,875
Fixed assets	—	—	373	364	359	362	353	—	—	—	—	—	—	—	—	—
Cash & bank balances	833	1,265	869	1,527	1,282	2,075	2,560	—	—	—	—	—	—	—	—	—

Cash flow

annual · ₹ crore · line = free cash flow

showing latest 5 of 13 periods

	FY14‡	FY15‡	FY16‡	FY17‡	FY18‡	FY19‡	FY20‡	FY21‡	FY22	FY23	FY24	FY25	FY26
Cash from operations	-85	-1,717	-918	-2,546	-3,584	773	151	969	-3,203	-2,449	3,635	5,569	581
Cash from investing	240	-281	264	-366	-708	-148	-88	-2,249	2,616	-451	-2,090	-2,475	-532
Cash from financing	-53	1,783	1,305	2,424	4,540	-522	-56	1,296	1,024	2,161	162	-4,786	-116
Capex	1	238	20	—	22	18	0	6	17	125	54	34	64
Free cash flow	-86	-1,955	-938	—	-3,606	755	151	963	-3,220	-2,573	3,581	5,535	516
Dividends paid	73	101	140	144	164	172	—	18	96	196	87	196	402

Where the assets sit

Sep '26 · ₹ crore

Investments

₹4,875 cr19%

Other assets

₹20,912 cr81%

Peer comparison

largest in Financial Services · this company in bold

Company	Market cap ₹cr	Price	P/E	P/B	ROE
HDFC Bank Ltd.	12,15,371	788.25	15.2	2.01	13.3%
ICICI Bank Ltd.	11,28,090	1,571.20	19.1	2.75	14.4%
State Bank of India	9,40,157	1,018.50	10.4	1.36	13.1%
Bajaj Finance Ltd.	6,77,005	1,087.75	—	—	—
Kotak Mahindra Bank Ltd.	4,77,499	480.00	22.2	2.45	11.0%
Axis Bank Ltd.	4,11,911	1,322.90	13.8	1.79	13.0%
Shriram Finance Ltd.	2,26,163	961.15	—	—	—
BSE Ltd.	1,55,002	3,800.00	50.3	19.49	38.8%
Cholamandalam Investment and Finance Company Ltd.	1,53,126	1,785.00	—	—	—
Jio Financial Services Ltd.	1,52,665	231.20	—	—	—
JM Financial Ltd.	10,663	111.42	—	—	—

StoxGud checklist: Bearish setup · 1/10

Price above 50-day average
Price above 200-day average
50-day average above 200-day (uptrend)
RSI in healthy 40–70 zone
Positive 1-year return
Return on equity above 15%
Debt to equity below 1
Revenue growing year on year
Net profit margin above 10%
P/E below industry median

A rules-based screen of trend, momentum, quality and valuation. Educational only — not a buy or sell recommendation.

Returns & technicals

1 month-10.8%

6 months-22.0%

1 year-34.9%

3Y CAGR+9.5%

5Y CAGR+6.0%

10Y CAGR+3.2%

50-day avg₹121.56

200-day avg₹126.71

RSI (14)38

Compare JM Financial Ltd. with

Five-Star Business Finance vs JM Financial Home First Finance Company India vs JM Financial UTI Asset Management Company vs JM Financial JM Financial vs Can Fin Homes JM Financial vs Indian Energy Exchange JM Financial vs Aavas Financiers JM Financial vs Aptus Value Housing Finance India

FAQs

What is the share price of JM Financial Ltd.?

JM Financial Ltd. (JMFINANCIL) closed at ₹111.42 on NSE on 06 Nov 2026.

What is the market cap of JM Financial Ltd.?

₹10,663 crore at the latest close.

How fast is JM Financial Ltd. growing?

JM Financial Ltd.: revenue has compounded at 8.4% a year over three years. Latest-quarter revenue is up 1.1% year on year.

How profitable is JM Financial Ltd.?

Profitability ratios for JM Financial Ltd. aren't available yet.

How much debt does JM Financial Ltd. have?

Debt to equity isn't meaningful for JM Financial Ltd. (banks borrow as part of their business) or isn't filed yet.

Financials parsed from JM Financial Ltd.'s own XBRL filings to NSE (consolidated), ₹ crore unless marked. Quarterly from SEP '18, annual from FY20, balance sheet from Mar '15. * = derived (full year or half year minus earlier quarters). ‡ = balance sheet / cash flow read from the company's published annual report (same basis), for years before the NSE filings carry them; each one checked to add up. Information only, not investment advice.