Share Price and Basic Stock Data
Last Updated: December 13, 2025, 8:14 am
| PEG Ratio | 1.65 |
|---|
Analyst Insight & Comprehensive Analysis
AI Stock Ranker – Real-Time Fundamental Strength Score
Business Overview and Revenue Trends
JM Financial Ltd operates within the Finance & Investments sector, and its recent performance appears robust, particularly in revenue generation. In the first half of FY 2025, the company reported sales of ₹1,261 Cr in March, up from ₹1,077 Cr in June 2024, indicating a consistent upward trajectory. This revenue growth is supported by a notable increase in sales from ₹3,291 Cr in FY 2023 to ₹4,410 Cr in FY 2025. Such numbers reflect not only a recovery from previous lows but also a strategic positioning to capitalize on evolving market dynamics. The growth trajectory, however, is marred by fluctuations in quarterly performance, with a dip to ₹1,004 Cr in March 2025, suggesting some seasonality or operational challenges that merit attention. Overall, the revenue trends indicate that while the company is growing, maintaining stability in earnings will be crucial for sustaining investor confidence.
Profitability and Efficiency Metrics
Examining JM Financial’s profitability metrics reveals a mixed picture. The company has recorded a net profit of ₹774 Cr for FY 2025, a significant rebound from a mere ₹31 Cr the previous year. This recovery is commendable, especially when considering the operating profit margin (OPM) which stood at 54.03% in FY 2025, reflecting a healthy operational efficiency despite a decline from previous highs. However, the interest coverage ratio (ICR) at 1.81x indicates that while the company can meet its interest obligations, it remains relatively close to a threshold that could pose risks if earnings were to falter. Moreover, the return on equity (ROE) at 8.44% appears modest when benchmarked against industry standards, suggesting there’s room for improvement in capital efficiency. Overall, the profitability metrics showcase resilience, but sustained improvements in operational efficiency and cost management will be essential for future profitability.
Balance Sheet Strength and Financial Ratios
JM Financial’s balance sheet presents a picture of cautious optimism, with total borrowings reported at ₹11,360 Cr as of September 2025, down from a peak of ₹16,228 Cr in FY 2024. This reduction in debt is a positive sign, indicating management’s focus on deleveraging, which can enhance financial stability. The company’s current ratio of 1.66x suggests that it possesses adequate liquidity to cover short-term obligations, while the debt-to-equity ratio at 1.17x indicates a moderate level of leverage. The reserves have climbed to ₹10,198 Cr, providing a buffer against potential risks, although the reliance on external borrowings raises concerns about interest costs and economic variability. The book value per share has also improved, standing at ₹101.78, reflecting an increase in shareholder equity, which is a positive signal for investors. In summary, while the balance sheet is showing signs of strengthening, the company must manage its leverage carefully to sustain this positive trend.
Shareholding Pattern and Investor Confidence
The shareholding pattern of JM Financial underscores a stable yet evolving investor landscape. Promoters hold a significant 56.61% stake, indicating strong control and commitment to the company’s future. However, foreign institutional investors (FIIs) have gradually reduced their shareholding from 22.14% in December 2022 to 18.38% by September 2025, which may reflect shifting perceptions about growth prospects or external market conditions. Domestic institutional investors (DIIs) have similarly seen a decline, dipping to 5.61%, which could suggest cautious sentiment among institutional players. Conversely, the public shareholding has increased to 19.42%, indicating growing retail interest. This dynamic could be a double-edged sword; while increased public participation can enhance liquidity, the decreasing institutional stakes may raise questions about broader market confidence. Thus, the evolving shareholding pattern reflects both challenges and opportunities that investors should monitor closely.
Outlook, Risks, and Final Insight
Looking ahead, JM Financial’s outlook hinges on its ability to navigate a landscape marked by both opportunity and risk. The improving revenue and profit figures signal potential for growth, yet the company faces challenges such as fluctuating quarterly results and a reliance on debt. Economic conditions, regulatory changes, and competitive pressures in the finance sector could impact performance. Investors should be mindful of the company’s debt levels and interest coverage ratio, as any downturn in earnings could strain financial stability. While the steady promoter stake indicates confidence in management, the declining institutional interest may warrant further scrutiny. In this context, the stock represents a blend of potential rewards and inherent risks. Investors would do well to weigh JM Financial’s operational resilience against the backdrop of market volatility, keeping a close eye on its performance metrics and strategic initiatives in the coming quarters.
Source: Getaka Fundamental Analysis | Generated using proprietary financial data.
Competitors
| Stock Name ⇩ | Market Cap ⇩ | Current Price ⇩ | High / Low ⇩ | Stock P/E ⇩ | Book Value ⇩ | Dividend Yield ⇩ | ROCE ⇩ | ROE ⇩ | Face Value ⇩ |
|---|---|---|---|---|---|---|---|---|---|
| MKVentures Capital Ltd | 404 Cr. | 1,052 | 2,300/1,000 | 52.3 | 287 | 0.02 % | 16.6 % | 9.56 % | 10.0 |
| My Money Securities Ltd | 67.2 Cr. | 40.0 | 57.8/19.2 | 15.6 | 0.00 % | 44.0 % | 29.8 % | 10.0 | |
| Nam Securities Ltd | 48.0 Cr. | 89.0 | 161/68.6 | 200 | 21.6 | 0.00 % | 4.48 % | 3.22 % | 10.0 |
| ICDS Ltd | 61.1 Cr. | 46.9 | 76.2/37.0 | 54.1 | 23.0 | 0.00 % | 11.8 % | 6.05 % | 10.0 |
| HCKK Ventures Ltd | 11.3 Cr. | 30.3 | 165/26.5 | 70.4 | 12.1 | 0.00 % | 6.93 % | 5.14 % | 10.0 |
| Industry Average | 21,008.96 Cr | 1,506.07 | 48.24 | 3,630.28 | 0.38% | 11.38% | 25.55% | 6.85 |
Quarterly Result
| Metric | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 791 | 859 | 928 | 846 | 1,067 | 1,197 | 1,236 | 1,261 | 1,077 | 1,191 | 1,106 | 1,004 | 1,111 |
| Expenses | 276 | 279 | 313 | 459 | 473 | 535 | 430 | 580 | 462 | 700 | 500 | 426 | 261 |
| Operating Profit | 515 | 580 | 615 | 387 | 594 | 663 | 806 | 681 | 615 | 491 | 607 | 578 | 850 |
| OPM % | 65% | 67% | 66% | 46% | 56% | 55% | 65% | 54% | 57% | 41% | 55% | 58% | 76% |
| Other Income | 14 | 18 | 19 | 26 | 14 | 17 | 25 | -831 | 17 | 21 | 14 | 23 | 10 |
| Interest | 261 | 270 | 301 | 347 | 366 | 388 | 400 | 407 | 370 | 343 | 318 | 274 | 251 |
| Depreciation | 10 | 10 | 10 | 12 | 12 | 13 | 14 | 14 | 16 | 15 | 16 | 16 | 17 |
| Profit before tax | 259 | 318 | 322 | 54 | 230 | 278 | 417 | -572 | 245 | 154 | 287 | 311 | 593 |
| Tax % | 24% | 25% | 25% | 40% | 24% | 26% | 23% | 18% | 24% | 6% | 28% | 25% | 23% |
| Net Profit | 198 | 238 | 240 | 32 | 177 | 206 | 322 | -674 | 187 | 144 | 207 | 235 | 459 |
| EPS in Rs | 1.78 | 1.89 | 1.99 | 0.60 | 1.74 | 2.04 | 2.91 | -2.39 | 1.79 | 2.43 | 2.19 | 2.19 | 4.75 |
Last Updated: August 20, 2025, 8:30 am
Below is a detailed analysis of the quarterly data for JM Financial Ltd based on the most recent figures (Jun 2025) and their trends compared to the previous period:
- For Sales, as of Jun 2025, the value is 1,111.00 Cr.. The value appears strong and on an upward trend. It has increased from 1,004.00 Cr. (Mar 2025) to 1,111.00 Cr., marking an increase of 107.00 Cr..
- For Expenses, as of Jun 2025, the value is 261.00 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 426.00 Cr. (Mar 2025) to 261.00 Cr., marking a decrease of 165.00 Cr..
- For Operating Profit, as of Jun 2025, the value is 850.00 Cr.. The value appears strong and on an upward trend. It has increased from 578.00 Cr. (Mar 2025) to 850.00 Cr., marking an increase of 272.00 Cr..
- For OPM %, as of Jun 2025, the value is 76.00%. The value appears strong and on an upward trend. It has increased from 58.00% (Mar 2025) to 76.00%, marking an increase of 18.00%.
- For Other Income, as of Jun 2025, the value is 10.00 Cr.. The value appears to be declining and may need further review. It has decreased from 23.00 Cr. (Mar 2025) to 10.00 Cr., marking a decrease of 13.00 Cr..
- For Interest, as of Jun 2025, the value is 251.00 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 274.00 Cr. (Mar 2025) to 251.00 Cr., marking a decrease of 23.00 Cr..
- For Depreciation, as of Jun 2025, the value is 17.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 16.00 Cr. (Mar 2025) to 17.00 Cr., marking an increase of 1.00 Cr..
- For Profit before tax, as of Jun 2025, the value is 593.00 Cr.. The value appears strong and on an upward trend. It has increased from 311.00 Cr. (Mar 2025) to 593.00 Cr., marking an increase of 282.00 Cr..
- For Tax %, as of Jun 2025, the value is 23.00%. The value appears to be improving (decreasing) as expected. It has decreased from 25.00% (Mar 2025) to 23.00%, marking a decrease of 2.00%.
- For Net Profit, as of Jun 2025, the value is 459.00 Cr.. The value appears strong and on an upward trend. It has increased from 235.00 Cr. (Mar 2025) to 459.00 Cr., marking an increase of 224.00 Cr..
- For EPS in Rs, as of Jun 2025, the value is 4.75. The value appears strong and on an upward trend. It has increased from 2.19 (Mar 2025) to 4.75, marking an increase of 2.56.
Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.
Profit & Loss - Annual Report
Last Updated: October 15, 2025, 5:03 am
| Metric | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 1,007 | 1,342 | 1,685 | 2,359 | 3,062 | 3,494 | 3,446 | 3,211 | 3,724 | 3,291 | 4,787 | 4,410 | 4,412 |
| Expenses | 402 | 448 | 459 | 582 | 767 | 743 | 933 | 1,009 | 1,296 | 1,170 | 2,017 | 2,087 | 1,886 |
| Operating Profit | 605 | 895 | 1,225 | 1,777 | 2,295 | 2,751 | 2,513 | 2,202 | 2,429 | 2,120 | 2,770 | 2,323 | 2,526 |
| OPM % | 60% | 67% | 73% | 75% | 75% | 79% | 73% | 69% | 65% | 64% | 58% | 53% | 57% |
| Other Income | -1 | 61 | -0 | -0 | 35 | 6 | 8 | 15 | 39 | 53 | -802 | 43 | 68 |
| Interest | 308 | 420 | 512 | 782 | 1,139 | 1,446 | 1,386 | 1,111 | 1,082 | 1,179 | 1,562 | 1,305 | 1,186 |
| Depreciation | 15 | 18 | 20 | 23 | 26 | 27 | 41 | 40 | 38 | 42 | 53 | 64 | 64 |
| Profit before tax | 280 | 517 | 693 | 972 | 1,165 | 1,283 | 1,094 | 1,067 | 1,348 | 953 | 353 | 997 | 1,344 |
| Tax % | 29% | 30% | 32% | 34% | 33% | 35% | 29% | 24% | 26% | 26% | 92% | 23% | |
| Net Profit | 225 | 379 | 526 | 649 | 785 | 837 | 778 | 808 | 992 | 709 | 31 | 774 | 1,045 |
| EPS in Rs | 2.77 | 4.22 | 5.08 | 5.92 | 7.17 | 6.81 | 6.48 | 6.19 | 8.10 | 6.26 | 4.29 | 8.59 | 11.56 |
| Dividend Payout % | 36% | 32% | 29% | 25% | 25% | 15% | 3% | 8% | 20% | 29% | 47% | 31% |
YoY Net Profit Growth
| Year | 2014-2015 | 2015-2016 | 2016-2017 | 2017-2018 | 2018-2019 | 2019-2020 | 2020-2021 | 2021-2022 | 2022-2023 | 2023-2024 | 2024-2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| YoY Net Profit Growth (%) | 68.44% | 38.79% | 23.38% | 20.96% | 6.62% | -7.05% | 3.86% | 22.77% | -28.53% | -95.63% | 2396.77% |
| Change in YoY Net Profit Growth (%) | 0.00% | -29.66% | -15.40% | -2.43% | -14.33% | -13.67% | 10.91% | 18.92% | -51.30% | -67.10% | 2492.40% |
JM Financial Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2014-2015 to 2024-2025.
Growth
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 13% |
| 5 Years: | 5% |
| 3 Years: | 6% |
| TTM: | -8% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 10% |
| 5 Years: | 9% |
| 3 Years: | 2% |
| TTM: | 66% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 15% |
| 5 Years: | 17% |
| 3 Years: | 42% |
| 1 Year: | 45% |
| Return on Equity | |
|---|---|
| 10 Years: | 10% |
| 5 Years: | 8% |
| 3 Years: | 7% |
| Last Year: | 9% |
Last Updated: September 5, 2025, 8:25 am
Balance Sheet
Last Updated: December 4, 2025, 1:29 am
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 76 | 78 | 79 | 79 | 84 | 84 | 84 | 95 | 95 | 95 | 96 | 96 | 96 |
| Reserves | 2,122 | 2,465 | 2,831 | 3,240 | 4,471 | 5,048 | 5,555 | 6,905 | 7,591 | 8,041 | 8,395 | 9,632 | 10,198 |
| Borrowings | 2,988 | 4,723 | 6,672 | 9,444 | 14,988 | 13,991 | 11,756 | 12,405 | 13,498 | 15,939 | 16,228 | 11,507 | 11,360 |
| Other Liabilities | 744 | 1,239 | 1,480 | 3,782 | 2,664 | 3,517 | 3,351 | 3,973 | 4,477 | 5,137 | 4,874 | 3,112 | 2,930 |
| Total Liabilities | 5,930 | 8,505 | 11,061 | 16,545 | 22,206 | 22,640 | 20,746 | 23,378 | 25,661 | 29,213 | 29,592 | 24,347 | 24,584 |
| Fixed Assets | 228 | 445 | 444 | 474 | 427 | 424 | 450 | 423 | 414 | 505 | 572 | 579 | 599 |
| CWIP | 1 | 2 | 1 | 2 | 3 | 1 | 1 | 1 | 3 | 7 | 4 | 10 | 168 |
| Investments | 495 | 640 | 772 | 2,156 | 2,388 | 2,933 | 4,014 | 5,802 | 3,639 | 3,584 | 4,724 | 5,464 | 4,302 |
| Other Assets | 5,207 | 7,418 | 9,844 | 13,913 | 19,388 | 19,282 | 16,280 | 17,153 | 21,605 | 25,116 | 24,292 | 18,294 | 19,514 |
| Total Assets | 5,930 | 8,505 | 11,061 | 16,545 | 22,206 | 22,640 | 20,746 | 23,378 | 25,661 | 29,213 | 29,592 | 24,347 | 24,584 |
Below is a detailed analysis of the balance sheet data for JM Financial Ltd based on the most recent figures (Sep 2025) and their trends compared to the previous period:
- For Equity Capital, as of Sep 2025, the value is 96.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2025) which recorded 96.00 Cr..
- For Reserves, as of Sep 2025, the value is 10,198.00 Cr.. The value appears strong and on an upward trend. It has increased from 9,632.00 Cr. (Mar 2025) to 10,198.00 Cr., marking an increase of 566.00 Cr..
- For Borrowings, as of Sep 2025, the value is 11,360.00 Cr.. The value appears to be improving (decreasing). However, Borrowings exceed Reserves, which may signal higher financial risk. It has decreased from 11,507.00 Cr. (Mar 2025) to 11,360.00 Cr., marking a decrease of 147.00 Cr..
- For Other Liabilities, as of Sep 2025, the value is 2,930.00 Cr.. The value appears to be improving (decreasing). It has decreased from 3,112.00 Cr. (Mar 2025) to 2,930.00 Cr., marking a decrease of 182.00 Cr..
- For Total Liabilities, as of Sep 2025, the value is 24,584.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 24,347.00 Cr. (Mar 2025) to 24,584.00 Cr., marking an increase of 237.00 Cr..
- For Fixed Assets, as of Sep 2025, the value is 599.00 Cr.. The value appears strong and on an upward trend. It has increased from 579.00 Cr. (Mar 2025) to 599.00 Cr., marking an increase of 20.00 Cr..
- For CWIP, as of Sep 2025, the value is 168.00 Cr.. The value appears strong and on an upward trend. It has increased from 10.00 Cr. (Mar 2025) to 168.00 Cr., marking an increase of 158.00 Cr..
- For Investments, as of Sep 2025, the value is 4,302.00 Cr.. The value appears to be declining and may need further review. It has decreased from 5,464.00 Cr. (Mar 2025) to 4,302.00 Cr., marking a decrease of 1,162.00 Cr..
- For Other Assets, as of Sep 2025, the value is 19,514.00 Cr.. The value appears strong and on an upward trend. It has increased from 18,294.00 Cr. (Mar 2025) to 19,514.00 Cr., marking an increase of 1,220.00 Cr..
- For Total Assets, as of Sep 2025, the value is 24,584.00 Cr.. The value appears strong and on an upward trend. It has increased from 24,347.00 Cr. (Mar 2025) to 24,584.00 Cr., marking an increase of 237.00 Cr..
However, the Borrowings (11,360.00 Cr.) are higher than the Reserves (10,198.00 Cr.), which may signal higher financial risk.
Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.
Cash Flow - No data available for this post.
Free Cash Flow
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Free Cash Flow | 603.00 | 891.00 | -5.00 | -8.00 | -12.00 | -11.00 | -9.00 | -10.00 | -11.00 | -13.00 | -14.00 | -9.00 |
Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)
Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.
Financial Efficiency Indicators
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 71 | 62 | 77 | 182 | 102 | 72 | 34 | 58 | 49 | 135 | 43 | 53 |
| Inventory Days | ||||||||||||
| Days Payable | ||||||||||||
| Cash Conversion Cycle | 71 | 62 | 77 | 182 | 102 | 72 | 34 | 58 | 49 | 135 | 43 | 53 |
| Working Capital Days | -132 | -377 | -232 | -244 | -308 | -71 | 235 | 288 | 230 | 411 | 105 | 89 |
| ROCE % | 10% | 14% | 13% | 15% | 13% | 13% | 12% | 10% | 11% | 8% | 10% | 9% |
Mutual Fund Holdings
| Fund Name | No of Shares | AUM (%) | Amount Invested (Cr) | Previous Number of Shares | Previous Date | Percentage Change |
|---|---|---|---|---|---|---|
| Quant Small Cap Fund | 16,714,161 | 0.9 | 274.15 | 10,969,161 | 2025-12-08 05:09:38 | 52.37% |
| ICICI Prudential Infrastructure Fund | 7,854,798 | 1.57 | 128.83 | 7,663,378 | 2025-12-08 05:09:38 | 2.5% |
| ICICI Prudential Dividend Yield Equity Fund | 5,450,505 | 1.43 | 89.4 | N/A | N/A | N/A |
| Axis Small Cap Fund | 4,765,585 | 0.29 | 78.17 | 7,349,962 | 2025-12-08 05:09:38 | -35.16% |
| ICICI Prudential Multicap Fund | 1,936,119 | 0.2 | 31.76 | 7,743,531 | 2025-12-08 05:09:38 | -75% |
Key Financial Ratios
| Month | Mar 25 | Mar 24 | Mar 23 | Mar 22 | Mar 21 |
|---|---|---|---|---|---|
| FaceValue | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 |
| Basic EPS (Rs.) | 8.59 | 4.29 | 6.26 | 8.11 | 6.34 |
| Diluted EPS (Rs.) | 8.58 | 4.29 | 6.25 | 8.09 | 6.32 |
| Cash EPS (Rs.) | 8.74 | 0.84 | 7.86 | 10.80 | 8.88 |
| Book Value[Excl.RevalReserv]/Share (Rs.) | 101.78 | 88.85 | 85.21 | 111.37 | 101.56 |
| Book Value[Incl.RevalReserv]/Share (Rs.) | 101.78 | 88.85 | 85.21 | 111.37 | 101.56 |
| Revenue From Operations / Share (Rs.) | 45.80 | 49.82 | 34.20 | 38.85 | 33.56 |
| PBDIT / Share (Rs.) | 24.75 | 29.46 | 22.76 | 25.86 | 23.28 |
| PBIT / Share (Rs.) | 24.08 | 28.90 | 22.32 | 25.47 | 22.86 |
| PBT / Share (Rs.) | 10.43 | 3.70 | 9.98 | 14.13 | 11.20 |
| Net Profit / Share (Rs.) | 8.08 | 0.28 | 7.42 | 10.40 | 8.46 |
| NP After MI And SOA / Share (Rs.) | 8.59 | 4.29 | 6.26 | 8.10 | 6.19 |
| PBDIT Margin (%) | 54.03 | 59.12 | 66.55 | 66.56 | 69.35 |
| PBIT Margin (%) | 52.58 | 58.01 | 65.27 | 65.54 | 68.10 |
| PBT Margin (%) | 22.77 | 7.42 | 29.17 | 36.36 | 33.36 |
| Net Profit Margin (%) | 17.63 | 0.57 | 21.70 | 26.76 | 25.20 |
| NP After MI And SOA Margin (%) | 18.76 | 8.60 | 18.29 | 20.85 | 18.45 |
| Return on Networth / Equity (%) | 8.44 | 4.82 | 7.34 | 10.05 | 8.43 |
| Return on Capital Employeed (%) | 21.69 | 24.25 | 9.87 | 22.03 | 11.90 |
| Return On Assets (%) | 3.35 | 1.37 | 2.03 | 2.99 | 2.52 |
| Long Term Debt / Equity (X) | 0.00 | 0.00 | 1.23 | 0.00 | 1.21 |
| Total Debt / Equity (X) | 1.17 | 1.90 | 1.95 | 1.75 | 1.77 |
| Asset Turnover Ratio (%) | 0.16 | 0.16 | 0.11 | 0.04 | 0.02 |
| Current Ratio (X) | 1.66 | 1.54 | 3.59 | 1.68 | 4.45 |
| Quick Ratio (X) | 1.65 | 1.53 | 3.58 | 1.68 | 4.45 |
| Inventory Turnover Ratio (X) | 32.10 | 0.00 | 0.00 | 0.00 | 0.00 |
| Dividend Payout Ratio (NP) (%) | 23.27 | 20.96 | 32.76 | 12.33 | 2.85 |
| Dividend Payout Ratio (CP) (%) | 21.59 | 18.56 | 30.61 | 11.75 | 2.67 |
| Earning Retention Ratio (%) | 76.73 | 79.04 | 67.24 | 87.67 | 97.15 |
| Cash Earning Retention Ratio (%) | 78.41 | 81.44 | 69.39 | 88.25 | 97.33 |
| Interest Coverage Ratio (X) | 1.81 | 1.80 | 1.84 | 2.28 | 2.00 |
| Interest Coverage Ratio (Post Tax) (X) | 1.59 | 1.56 | 1.60 | 1.92 | 1.73 |
| Enterprise Value (Cr.) | 16599.27 | 20391.75 | 22305.26 | 20291.81 | 21020.03 |
| EV / Net Operating Revenue (X) | 3.79 | 4.28 | 6.83 | 5.47 | 6.57 |
| EV / EBITDA (X) | 7.02 | 7.24 | 10.26 | 8.22 | 9.48 |
| MarketCap / Net Operating Revenue (X) | 2.10 | 1.50 | 1.74 | 1.74 | 2.52 |
| Retention Ratios (%) | 76.72 | 79.03 | 67.23 | 87.66 | 97.14 |
| Price / BV (X) | 0.94 | 0.83 | 0.69 | 0.83 | 1.15 |
| Price / Net Operating Revenue (X) | 2.10 | 1.50 | 1.74 | 1.74 | 2.52 |
| EarningsYield | 0.08 | 0.05 | 0.10 | 0.11 | 0.07 |
After reviewing the key financial ratios for JM Financial Ltd, here is a detailed analysis based on the latest available data and recent trends:
- For FaceValue, as of Mar 25, the value is 1.00. This value is within the healthy range. There is no change compared to the previous period (Mar 24) which recorded 1.00.
- For Basic EPS (Rs.), as of Mar 25, the value is 8.59. This value is within the healthy range. It has increased from 4.29 (Mar 24) to 8.59, marking an increase of 4.30.
- For Diluted EPS (Rs.), as of Mar 25, the value is 8.58. This value is within the healthy range. It has increased from 4.29 (Mar 24) to 8.58, marking an increase of 4.29.
- For Cash EPS (Rs.), as of Mar 25, the value is 8.74. This value is within the healthy range. It has increased from 0.84 (Mar 24) to 8.74, marking an increase of 7.90.
- For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 101.78. It has increased from 88.85 (Mar 24) to 101.78, marking an increase of 12.93.
- For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 101.78. It has increased from 88.85 (Mar 24) to 101.78, marking an increase of 12.93.
- For Revenue From Operations / Share (Rs.), as of Mar 25, the value is 45.80. It has decreased from 49.82 (Mar 24) to 45.80, marking a decrease of 4.02.
- For PBDIT / Share (Rs.), as of Mar 25, the value is 24.75. This value is within the healthy range. It has decreased from 29.46 (Mar 24) to 24.75, marking a decrease of 4.71.
- For PBIT / Share (Rs.), as of Mar 25, the value is 24.08. This value is within the healthy range. It has decreased from 28.90 (Mar 24) to 24.08, marking a decrease of 4.82.
- For PBT / Share (Rs.), as of Mar 25, the value is 10.43. This value is within the healthy range. It has increased from 3.70 (Mar 24) to 10.43, marking an increase of 6.73.
- For Net Profit / Share (Rs.), as of Mar 25, the value is 8.08. This value is within the healthy range. It has increased from 0.28 (Mar 24) to 8.08, marking an increase of 7.80.
- For NP After MI And SOA / Share (Rs.), as of Mar 25, the value is 8.59. This value is within the healthy range. It has increased from 4.29 (Mar 24) to 8.59, marking an increase of 4.30.
- For PBDIT Margin (%), as of Mar 25, the value is 54.03. This value is within the healthy range. It has decreased from 59.12 (Mar 24) to 54.03, marking a decrease of 5.09.
- For PBIT Margin (%), as of Mar 25, the value is 52.58. This value exceeds the healthy maximum of 20. It has decreased from 58.01 (Mar 24) to 52.58, marking a decrease of 5.43.
- For PBT Margin (%), as of Mar 25, the value is 22.77. This value is within the healthy range. It has increased from 7.42 (Mar 24) to 22.77, marking an increase of 15.35.
- For Net Profit Margin (%), as of Mar 25, the value is 17.63. This value exceeds the healthy maximum of 10. It has increased from 0.57 (Mar 24) to 17.63, marking an increase of 17.06.
- For NP After MI And SOA Margin (%), as of Mar 25, the value is 18.76. This value is within the healthy range. It has increased from 8.60 (Mar 24) to 18.76, marking an increase of 10.16.
- For Return on Networth / Equity (%), as of Mar 25, the value is 8.44. This value is below the healthy minimum of 15. It has increased from 4.82 (Mar 24) to 8.44, marking an increase of 3.62.
- For Return on Capital Employeed (%), as of Mar 25, the value is 21.69. This value is within the healthy range. It has decreased from 24.25 (Mar 24) to 21.69, marking a decrease of 2.56.
- For Return On Assets (%), as of Mar 25, the value is 3.35. This value is below the healthy minimum of 5. It has increased from 1.37 (Mar 24) to 3.35, marking an increase of 1.98.
- For Long Term Debt / Equity (X), as of Mar 25, the value is 0.00. This value is below the healthy minimum of 0.2. There is no change compared to the previous period (Mar 24) which recorded 0.00.
- For Total Debt / Equity (X), as of Mar 25, the value is 1.17. This value exceeds the healthy maximum of 1. It has decreased from 1.90 (Mar 24) to 1.17, marking a decrease of 0.73.
- For Asset Turnover Ratio (%), as of Mar 25, the value is 0.16. There is no change compared to the previous period (Mar 24) which recorded 0.16.
- For Current Ratio (X), as of Mar 25, the value is 1.66. This value is within the healthy range. It has increased from 1.54 (Mar 24) to 1.66, marking an increase of 0.12.
- For Quick Ratio (X), as of Mar 25, the value is 1.65. This value is within the healthy range. It has increased from 1.53 (Mar 24) to 1.65, marking an increase of 0.12.
- For Inventory Turnover Ratio (X), as of Mar 25, the value is 32.10. This value exceeds the healthy maximum of 8. It has increased from 0.00 (Mar 24) to 32.10, marking an increase of 32.10.
- For Dividend Payout Ratio (NP) (%), as of Mar 25, the value is 23.27. This value is within the healthy range. It has increased from 20.96 (Mar 24) to 23.27, marking an increase of 2.31.
- For Dividend Payout Ratio (CP) (%), as of Mar 25, the value is 21.59. This value is within the healthy range. It has increased from 18.56 (Mar 24) to 21.59, marking an increase of 3.03.
- For Earning Retention Ratio (%), as of Mar 25, the value is 76.73. This value exceeds the healthy maximum of 70. It has decreased from 79.04 (Mar 24) to 76.73, marking a decrease of 2.31.
- For Cash Earning Retention Ratio (%), as of Mar 25, the value is 78.41. This value exceeds the healthy maximum of 70. It has decreased from 81.44 (Mar 24) to 78.41, marking a decrease of 3.03.
- For Interest Coverage Ratio (X), as of Mar 25, the value is 1.81. This value is below the healthy minimum of 3. It has increased from 1.80 (Mar 24) to 1.81, marking an increase of 0.01.
- For Interest Coverage Ratio (Post Tax) (X), as of Mar 25, the value is 1.59. This value is below the healthy minimum of 3. It has increased from 1.56 (Mar 24) to 1.59, marking an increase of 0.03.
- For Enterprise Value (Cr.), as of Mar 25, the value is 16,599.27. It has decreased from 20,391.75 (Mar 24) to 16,599.27, marking a decrease of 3,792.48.
- For EV / Net Operating Revenue (X), as of Mar 25, the value is 3.79. This value exceeds the healthy maximum of 3. It has decreased from 4.28 (Mar 24) to 3.79, marking a decrease of 0.49.
- For EV / EBITDA (X), as of Mar 25, the value is 7.02. This value is within the healthy range. It has decreased from 7.24 (Mar 24) to 7.02, marking a decrease of 0.22.
- For MarketCap / Net Operating Revenue (X), as of Mar 25, the value is 2.10. This value is within the healthy range. It has increased from 1.50 (Mar 24) to 2.10, marking an increase of 0.60.
- For Retention Ratios (%), as of Mar 25, the value is 76.72. This value exceeds the healthy maximum of 70. It has decreased from 79.03 (Mar 24) to 76.72, marking a decrease of 2.31.
- For Price / BV (X), as of Mar 25, the value is 0.94. This value is below the healthy minimum of 1. It has increased from 0.83 (Mar 24) to 0.94, marking an increase of 0.11.
- For Price / Net Operating Revenue (X), as of Mar 25, the value is 2.10. This value is within the healthy range. It has increased from 1.50 (Mar 24) to 2.10, marking an increase of 0.60.
- For EarningsYield, as of Mar 25, the value is 0.08. This value is below the healthy minimum of 5. It has increased from 0.05 (Mar 24) to 0.08, marking an increase of 0.03.
Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.
Strength and Weakness
| Strength | Weakness |
|---|---|
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Stock Analysis
- Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in JM Financial Ltd:
- Net Profit Margin: 17.63%
- Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
- ROCE: 21.69% (Industry Average ROCE: 11.38%)
- ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
- ROE%: 8.44% (Industry Average ROE: 25.55%)
- ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
- Interest Coverage Ratio (Post Tax): 1.59
- Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
- Quick Ratio: 1.65
- Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
- Stock P/E: 12.2 (Industry average Stock P/E: 48.24)
- Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
- Total Debt / Equity: 1.17
- Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
Stock Rating: - Net Profit Margin: 17.63%
About the Company - Qualitative Analysis
| INDUSTRY | ADDRESS | CONTACT |
|---|---|---|
| Finance & Investments | 7th Floor, Cnergy, Appasaheb Marathe Marg, Mumbai Maharashtra 400025 | ecommunication@jmfl.com http://www.jmfl.com |
| Management | |
|---|---|
| Name | Position Held |
| Mr. Nimesh Kampani | Non Executive Chairman |
| Mr. Vishal Kampani | Vice Chairman & Mng.Director |
| Mr. Adi Patel | Managing Director |
| Mr. Hariharan Aiyar | Non Executive Director |
| Mr. Pradip Kanakia | Ind. Non-Executive Director |
| Mr. P S Jayakumar | Ind. Non-Executive Director |
| Mr. Navroz Udwadia | Ind. Non-Executive Director |
| Ms. Roshini Bakshi | Ind. Non-Executive Director |
| Mr. Sumit Bose | Ind. Non-Executive Director |
FAQ
What is the intrinsic value of JM Financial Ltd?
JM Financial Ltd's intrinsic value (as of 14 December 2025) is 96.73 which is 33.75% lower the current market price of 146.00, indicating overvalued. Calculated using the PE ratio method, this valuation considers the company's 13,982 Cr. market cap, FY2025-2026 high/low of 200/78.0, reserves of ₹10,198 Cr, and liabilities of 24,584 Cr.
What is the Market Cap of JM Financial Ltd?
The Market Cap of JM Financial Ltd is 13,982 Cr..
What is the current Stock Price of JM Financial Ltd as on 14 December 2025?
The current stock price of JM Financial Ltd as on 14 December 2025 is 146.
What is the High / Low of JM Financial Ltd stocks in FY 2025-2026?
In FY 2025-2026, the High / Low of JM Financial Ltd stocks is 200/78.0.
What is the Stock P/E of JM Financial Ltd?
The Stock P/E of JM Financial Ltd is 12.2.
What is the Book Value of JM Financial Ltd?
The Book Value of JM Financial Ltd is 108.
What is the Dividend Yield of JM Financial Ltd?
The Dividend Yield of JM Financial Ltd is 1.85 %.
What is the ROCE of JM Financial Ltd?
The ROCE of JM Financial Ltd is 9.39 %.
What is the ROE of JM Financial Ltd?
The ROE of JM Financial Ltd is 9.01 %.
What is the Face Value of JM Financial Ltd?
The Face Value of JM Financial Ltd is 1.00.