JM Financial

₹111.57As of Sun 8 Nov 2026, 12:00 UTC

NSE:JMFINANCILFinancials

Country India

PE (Fwd) 7.911

TSR 10Y CAGR 4.20%

Div yield 2.91%

ROTE —

Capital Markets

Beta (5Y) 0.43

PE TTM 8.888

TSR TTM (30.25%)

Mkt cap ₹108.5B

NIM —

SE Grade™

—

Value

Quality

—

Moat

—

1Y Price

Reference

₹119

6.32%

162.51%

Price below Reference Value

TTM

FYE 31 Mar INR

FY2017

FY2018

FY2019

FY2020

FY2021

FY2022

FY2023

FY2024

FY2025

FY2026

FY2027E

Trend

10Y

Peers

34.80

Revenue₹B

—

18.51

20.92

25.56

19.28

16.52

—

(2.80%)

28.91

Revenue growth%

—

(11.65)

29.56

0.66

28.91

6.41

14.78

—

NIM%

—

54.00

Effic. R.%

—

42.27

53.99

55.27

62.89

54.00

—

54.00

—

34.54

Net margin%

—

33.00

28.86

15.28

30.43

34.54

34.41

30.43

8.888

P/E ratio (avg)x

—

11.16

11.32

20.39

14.78

12.08

8.385

12.08

—

P/TBVx

—

P/Bx

—

6.530

NII₹B

—

7.690

9.134

9.941

6.234

6.530

—

(4.01%)

—

4.75

NII grth%

—

18.78

8.84

(37.29)

4.75

—

6.79

—

ROTE%

—

Return on equity%

—

Return on assets%

—

12.55

EPS₹

—

8.09

6.25

4.29

8.58

12.55

13.31

11.60%

—

46.27

EPS growth%

—

(22.73)

(31.41)

100.08

46.27

6.01

11.77

—

Bookvalue per sh₹

—

TBV/sh₹

—

3.25

Dividend per sh₹

—

1.65

1.80

2.00

2.70

3.25

3.47

18.47%

—

2.91

Div yield (avg)%

—

1.83

2.54

2.29

2.13

2.14

3.11

2.14

25.90

Payout ratio%

—

20.40

28.80

46.62

31.47

25.90

26.10

28.80

957.6

Shares (diluted)M

—

955.4

955.2

955.6

957.1

957.6

◌957.6

0.06%

(0.05)

Buyback yield%

—

0.02

(0.04)

(0.16)

(0.05)

◌—

(0.05)

—

Eq/Assets%

—

Assets₹M

—

LT debt₹M

—

Peers (US$1.137B)

Cap (US$)

Choice International…

1.772B

67.73x

IIFL Capital Services…

1.388B

18.81x

Indian Energy Exchange…

1.037B

18.66x

Guangdong Golden…

1.116B

82.94x

Capital

TTM

10Y

Tang eq%

—

LT debt%

—

Cash%

—

Sh yield%

2.86

2.17

Owners

Insiders/Inst%

21.00

28.73

Short interest%

—

SBC / revenue%

0.44

Record

10Y

Profitable years

5/5

Revenue growth years

3/4

EPS growth years

2/4

Dividend streakyrs

ROE range%

—

$1 testx

—

Incr. ROIC%

—

JM Financial Limited, together with its subsidiaries, provides various integrated and diversified financial services to corporations, financial institutions, government organizations, high net-worth individuals, and retail customers in India and internationally. It operates through Corporate Advisory and Capital Markets; Wealth and Asset Management; Private Markets; and Affordable Home Loans segments.

Growth vs revenue

Latest

Trend

4Y CAGR

Rel growth

Revenue

₹34.80B

10.40%

1.00×

Operating costs

₹21.16B

33.51%

2.14×

Revenue mix

Trend

Non-interest income

81.23%

Net interest income

18.77%

Reinvestment returns

n/m

Trend

Retention rate

n/m

Return on capital

n/m

Spread over hurdle

n/m