Market Data
Market Cap₹11,976.35 Cr.
52W High₹182.6
Current Price₹125.15
52W Low₹112.3
Down from 52W High31.5 %
Face Value₹1
Performance
ROCE10.99 %
ROE9.76 %
EPS (TTM)₹3.05
EPS Prev Qtr₹1.73
EPS Last Year₹2.82
EBITDA Qtr₹431.41 Cr.
Book Value₹112
Financial Health
Debt/Equity1.08
Debt/Profit10.59
Total Assets₹26,537.22 Cr.
Dividend Yield2.6 %
Promoter Holding57.03 %
Earning Power4.83 %
Valuation
Stock P/E11.51
Industry P/E18.22
Price to Book1.12
Price to Sales2.86
Graham Number₹165.32
Key Metrics
Book Value
₹113.9
__derived
1
Face Value
₹1
ROE %
10.9%
About JM Financial Ltd
Financial Services · Finance
JM Financial Ltd is listed on NSE in the Financial Services / Finance sector. Face value ₹1. Market cap ₹11,976.35 Cr.
Price Chart
Strengths & Weaknesses
Strengths
- The company has a healthy promoter holding of 57.03%, indicating strong control and alignment of interests.
- The company has a reasonable P/E ratio of 11.9, suggesting it may be undervalued relative to earnings.
- The company has a positive return on equity (ROE) of 10.21%, indicating efficient use of equity capital.
- The company has a dividend yield of 2.51%, providing income to investors.
Weaknesses
- The company has a relatively high debt to equity ratio of 1.08, indicating higher financial leverage and risk.
- The return on capital employed (ROCE) is 10.99%, which may be considered moderate and leaves room for improvement.
Peer Comparison
| Name | CMP | P/E | Market Cap | Div Yield | NP Qtr | Qtr Profit Var% | Sales Qtr | Qtr Sales Var% | ROCE% | Debt/Eq |
|---|---|---|---|---|---|---|---|---|---|---|
| Bajaj Finance Ltd | - | 30.16 | ₹6,13,256.5 Cr | 0.61% | ₹20,647.67 Cr | - | ₹85,963.63 Cr | - | 10.43% | 3.82 |
| Bajaj Finserv Ltd | - | 27.52 | ₹2,80,096.25 Cr | 0.09% | ₹20,636.97 Cr | - | ₹1,57,641.68 Cr | - | 11.43% | 5.5 |
| Shriram Finance Ltd | - | 17.28 | ₹2,30,350.39 Cr | 1.1% | ₹11,295.71 Cr | - | ₹49,997.06 Cr | - | 11.48% | 3.8 |
| ICICI Prudential Asset Management Co Ltd | - | 31.77 | ₹1,58,506.24 Cr | - | ₹3,485.73 Cr | - | ₹6,040.44 Cr | - | 111.52% | 0 |
| Jio Financial Services Ltd | - | 68.4 | ₹1,45,434.19 Cr | 0.27% | ₹2,066.49 Cr | - | ₹4,905.27 Cr | - | 2.33% | 0.17 |
| Cholamandalam Investment & Finance Company Ltd | - | 24.17 | ₹1,39,794.37 Cr | 0.12% | ₹5,751 Cr | - | ₹32,662.59 Cr | - | 9.35% | 6.93 |
| Tata Capital Ltd | - | 25.45 | ₹1,39,274.15 Cr | 0.17% | ₹5,478.16 Cr | - | ₹32,695.45 Cr | - | 8.42% | 5.28 |
| Bajaj Holdings & Investment Ltd | - | 13.63 | ₹1,20,749.01 Cr | 1.8% | ₹8,993.16 Cr | - | ₹1,139.25 Cr | - | 12.4% | 0 |
| Muthoot Finance Ltd | - | 9.76 | ₹1,11,046.18 Cr | 1.08% | ₹11,457.46 Cr | - | ₹33,430.7 Cr | - | 14.43% | 3.88 |
| Power Finance Corporation Ltd | - | 4.18 | ₹1,08,952.86 Cr | 5.62% | ₹33,641.82 Cr | - | ₹1,15,431.43 Cr | - | 9.81% | 7.62 |
| SBI Funds Management Ltd | - | - | ₹1,06,475.16 Cr | - | - | - | - | - | - | 0 |
| Aditya Birla Capital Ltd | - | 25.05 | ₹1,04,186.93 Cr | - | ₹4,118.85 Cr | - | ₹48,185.84 Cr | - | 8.39% | 5.2 |
| Indian Railway Finance Corporation Ltd | - | 14.28 | ₹1,02,653.11 Cr | 1.34% | ₹7,190.69 Cr | - | ₹28,630.42 Cr | - | 5.78% | 7.69 |
| HDFC Asset Management Company Ltd | - | 26.91 | ₹98,766 Cr | 2.34% | ₹2,947.64 Cr | - | ₹4,253.73 Cr | - | 41.46% | 0 |
| REC Ltd | - | 4.99 | ₹79,918.35 Cr | 6.11% | ₹16,035.21 Cr | - | ₹59,202.49 Cr | - | 9.42% | 6.09 |
| L&T Finance Ltd | - | 22.07 | ₹70,266.92 Cr | 0.98% | ₹3,198.02 Cr | - | ₹18,897.97 Cr | - | 8.23% | 3.93 |
| Nippon Life India Asset Management Ltd | - | 42.74 | ₹70,191.49 Cr | 1.96% | ₹1,635.54 Cr | - | ₹2,869 Cr | - | 45.49% | 0 |
| Bajaj Housing Finance Ltd | - | 25.54 | ₹68,733.43 Cr | - | ₹2,692.32 Cr | - | ₹11,604.2 Cr | - | 8.35% | 4.6 |
| SBI Cards & Payment Services Ltd | - | 24.73 | ₹56,249.93 Cr | 0.42% | ₹2,275.15 Cr | - | ₹20,063.29 Cr | - | 10.14% | 2.8 |
| HDB Financial Services Ltd | - | 23.24 | ₹52,882.54 Cr | 0.16% | ₹2,175.9 Cr | - | ₹16,300.3 Cr | - | 9.03% | 5.52 |
Quarterly Results
📊 Jun 2026: Revenue grew 8.0% YoY, Profit fell 19.4% YoY
| Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|
| Sales | 1,111.34 | 1,031.28 | 999.36 | 949.12 | 1,200.53 |
| ↳ QoQ Growth | - | -7.2% | -3.1% | -5.0% | +26.5% |
| Expenses | 528.67 | 699.89 | 704.2 | 726.11 | 769.12 |
| Operating Profit | 582.67 | 331.39 | 295.16 | 223.01 | 431.41 |
| OPM % | 52.43% | 32.13% | 29.53% | 23.5% | 35.93% |
| Other Income | 9.89 | 13 | 126.51 | 20.09 | 24.13 |
| Interest | 250.88 | 254.22 | 247.83 | 246.26 | 246.56 |
| Depreciation | 16.67 | 19.2 | 20.37 | 22.13 | 22.07 |
| EBITDA | 599.34 | 350.59 | 315.53 | 245.14 | 453.48 |
| EBITDA Margin % | 53.93% | 34% | 31.57% | 25.83% | 37.77% |
| Profit Before Tax | 592.56 | 344.39 | 400.38 | 243.1 | 455.54 |
| Tax % | 22.78% | 25.98% | 23.82% | 34.45% | 19.05% |
| Net Profit | 457.58 | 254.93 | 305.01 | 159.36 | 368.74 |
| ↳ QoQ Growth | - | -44.3% | +19.6% | -47.8% | +131.4% |
| EPS | 4.75 | 2.82 | 3.27 | 1.73 | 3.05 |
Profit & Loss
| Mar 2026 | TTM | |
|---|---|---|
| Sales | 4091.1 | 4180.29 |
| Expenses | 2658.87 | 2899.32 |
| Operating Profit | 1432.23 | 1280.97 |
| OPM % | 35.01% | 30.64% |
| Other Income | 169.49 | 183.73 |
| Interest | 999.19 | 994.87 |
| Depreciation | 78.37 | 83.77 |
| Profit Before Tax | 1580.43 | 1443.41 |
| Tax % | 25.53% | 24.62% |
| Net Profit | 1176.88 | 1088.04 |
| EPS | 12.57 | 10.87 |
Compounded Sales Growth
10Y
-
5Y
-
3Y
-
TTM
-
Compounded Profit Growth
10Y
-
5Y
-
3Y
-
TTM
-
Stock Price CAGR
10Y
-
5Y
-
3Y
-
1Y
-22.68%
Return on Equity
10Y
-
5Y
-
3Y
-
Last Year
10.21%
Balance Sheet
| Mar 2025 | Mar 2026 | |
|---|---|---|
| Equity Capital | 95.58 | 95.64 |
| Reserves | 9632.22 | 10561.79 |
| Borrowings | 11507.36 | 11521.86 |
| Other Liabilities | 3268.94 | 4357.93 |
| Total Liabilities | 24504.1 | 26537.22 |
| Fixed Assets | 503.39 | 625.17 |
| CWIP | 10.23 | 159.6 |
| Investments | 5464.14 | 6209.45 |
| Other Assets | 18526.34 | 19543 |
| Total Assets | 24504.1 | 26537.22 |
Cash Flows
| Mar 2026 | |
|---|---|
| Cash from Operating Activity | 580.73 |
| Cash from Investing Activity | -532.4 |
| Cash from Financing Activity | -116.14 |
| Net Cash Flow | -67.81 |
Ratios
| Mar 2026 | |
|---|---|
| Debtor Days | - |
| Inventory Days | - |
| Days Payable | - |
| Cash Conversion Cycle | - |
| Working Capital Days | 1339.64 |
| ROCE % | 9.54% |
Shareholding Pattern
| Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|
| Promoters % | 56.6% | 56.9% | 57.07% | 57.03% |
| FIIs % | 18.38% | 17.7% | 17.15% | 16.95% |
| DIIs % | 5.62% | 5.77% | 5.89% | 5.49% |
| Public % | 13.9% | 14.22% | 14.2% | 14.63% |
| No. of Shareholders | 1,77,160 | 1,76,556 | 1,72,802 | 1,75,511 |
Major Shareholders (>1%)
- J M Financial And Investment Consultancy Services Private LimitedPromoter and Promoter Group24.77%
- Nimesh KampaniPromoter and Promoter Group13.11%
- J M Assets Management Private LimitedPromoter and Promoter Group11.36%
- Aruna KampaniPromoter and Promoter Group2.82%
As of 2026-06-30View all shareholders →