JM FINANCIAL LIMITED·⁤ASSET MANAGEMENT AMC 56.00·Finance Companies

Price

128.24

-0.72%
O:129.3
H:131.19
L:128
C:128.24

52W Range

112199.8
+15%/-36%

Market Cap

₹12,265.72 Cr

Traded: ₹27.72 Cr (0.23%) 0.0x

Free Float: ₹2,519.38 Cr (1.10% of FF traded)

Volume · 60D trend

21.37 L 0.0x

Delivery: % 0.0x

View Delivery Data

Returns

1W:+0% 1M:+5% 3M:+2% 6M:-7% 12M:-12%

Valuation

P/E11.8
P/B1.1
P/S2.9
EV/EBIT8.6

Business Strength

ROE8.5%
ROCE9.4%
OPM62.5%
NPM28.4%

Growth (3Y CAGR)

EPS+46.3%
Sales+9.0%
Profit+27.0%
3Y Return+17.0%

Balance Sheet

Debt/Equity1.1
Debt11,522 Cr
Pledge0.0%
CWIP/Fixed Asset25.6%

Cash Position

CFO/NP48.4%
FCF526 Cr
FCF 3Y Avg9,644 Cr
Cash/MCap41.0%

Others

Div Yield1.6%
Div Payout26.0%
Cash Conv. Cycle124 days
Tradeable Free Float20.5%

MTF Exposure Trend

60 sessions · funded amount, % of FF, daily delta

Current
₹ 175.76 Cr
6.98% FF
60d high
₹ 196.54 Cr
60d low
₹ 161.06 Cr
60d mean
₹ 183.06 Cr
vs mean
▼ 3.99%

Growth Trends

Metric10Y5Y3Y1YTTMTrend
Return
+6.0%
+4.0%
+17.0%
-20.0%
--
Stable
Profit
+12.0%
+16.0%
+27.0%
--
-4.0%
Stable
Sales
+10.0%
+6.0%
+9.0%
--
-5.0%
Stable
ROE
+10.0%
+9.0%
+9.0%
--
--
Stable

Quarterly Results

Jun 2026

3 Aug
Rev
1.2K Cr
+8% YoY+27% QoQ
OPM58.0%
NPM30.7%
PAT
--369 Cr
EPS
-36% YoY3.0

Mar 2026

30 May
Rev
949 Cr
-5% YoY-5% QoQ
OPM52.0%
NPM17.1%
PAT
-21% YoY162 Cr
EPS
-21% YoY1.7

Dec 2025

5 Feb
Rev
999 Cr
-10% YoY-3% QoQ
OPM56.0%
NPM31.8%
PAT
+57% YoY318 Cr
EPS
+49% YoY3.3

Sep 2025

PDF
Rev
1.0K Cr
-13% YoY-7% QoQ
OPM59.0%
NPM25.4%
PAT
+16% YoY262 Cr
EPS
+16% YoY2.8

Jun 2025

PDF
Rev
1.1K Cr
+3% YoY+11% QoQ
OPM76.0%
NPM41.3%
PAT
+166% YoY459 Cr
EPS
+165% YoY4.8

Mar 2025

PDF
Rev
1.0K Cr
-20% YoY-9% QoQ
OPM58.0%
NPM23.4%
PAT
+782% YoY235 Cr
EPS
+192% YoY2.2

Dec 2024

PDF
Rev
1.1K Cr
-11% YoY-7% QoQ
OPM55.0%
NPM18.7%
PAT
-25% YoY207 Cr
EPS
-25% YoY2.2

Sep 2024

PDF
Rev
1.2K Cr
-1% YoY+11% QoQ
OPM41.0%
NPM12.1%
PAT
+19% YoY144 Cr
EPS
+19% YoY2.4

Jun 2024

PDF
Rev
1.1K Cr
+1% YoY-15% QoQ
OPM57.0%
NPM17.4%
PAT
+3% YoY187 Cr
EPS
+3% YoY1.8

Mar 2024

PDF
Rev
1.3K Cr
+49% YoY+2% QoQ
OPM54.0%
NPM-53.5%
PAT
-58% YoY-674 Cr
EPS
-498% YoY-2.4

Dec 2023

PDF
Rev
1.2K Cr
+33% YoY+3% QoQ
OPM65.0%
NPM26.1%
PAT
+46% YoY322 Cr
EPS
+46% YoY2.9

Sep 2023

PDF
Rev
1.2K Cr
+39% YoY+12% QoQ
OPM55.0%
NPM17.2%
PAT
+8% YoY206 Cr
EPS
+8% YoY2.0

Jun 2023

PDF
Rev
1.1K Cr
--+26% QoQ
OPM56.0%
NPM16.6%
PAT
-2% YoY177 Cr
EPS
--1.7

Mar 2023

PDF
Rev
846 Cr
---9% QoQ
OPM46.0%
NPM3.8%
PAT
-68% YoY32 Cr
EPS
--0.6

Dec 2022

Rev
928 Cr
--+8% QoQ
OPM66.0%
NPM25.9%
PAT
-12% YoY240 Cr
EPS
--2.0

Sep 2022

Rev
859 Cr
----
OPM67.0%
NPM27.7%
PAT
+3% YoY238 Cr
EPS
--1.9

Revenue & Margin Trends

Annual

Quarterly

Balance Sheet Health

Leverage

Debt / Equity1.09
Interest Coverage15.0x
Promoter Pledge0.0%
Borrowings11.6K Cr

Efficiency

Receivable Days124 days
Inventory Days days
Payable Days days
Cash Conversion cycle124 days

Cash Position

Operating Cash Flow581 Cr
Investing Cash Flow-532 Cr
Financing Cash Flow-116 Cr
Free Cash Flow526 Cr

Detailed Financials

Jun 2026PDF ↗
Mar 2026PDF ↗
Dec 2025PDF ↗
Sep 2025PDF ↗
Jun 2025PDF ↗
Mar 2025PDF ↗
Dec 2024PDF ↗
Sep 2024PDF ↗
Jun 2024PDF ↗
Mar 2024PDF ↗
Dec 2023PDF ↗
Sep 2023PDF ↗
Jun 2023PDF ↗
Mar 2023PDF ↗
Dec 2022
Sep 2022
Sales1,2019499991,0311,1111,0041,1061,1911,0771,2611,2361,1971,067846928859
Expenses500458436426261426500700462580430535473459313279
Operating Profit700491563605850578607491615681806663594387615580
OPM %58.0%52.0%56.0%59.0%76.0%58.0%55.0%41.0%57.0%54.0%65.0%55.0%56.0%46.0%66.0%67.0%
Other Income2420105131023142117-831251714261918
Interest247246248254251274318343370407400388366347301270
Depreciation22222019171616151614141312121010
Profit Before Tax456243400344593311287154245-57241727823054322318
Tax %19.0%34.0%24.0%26.0%23.0%25.0%28.0%6.0%24.0%18.0%23.0%26.0%24.0%40.0%25.0%25.0%
Net Profit369162318262459235207144187-67432220617732240238
Exceptional Items--0-21000000-847000000
EPS (Rs)3.01.73.32.84.82.22.22.41.8-2.42.92.01.70.62.01.9
Sales Growth (YoY)8.1%-5.5%-9.7%-13.4%3.2%-20.4%-10.5%-0.5%0.9%49.0%33.2%39.4%--------
Sales Growth (QoQ)26.6%-5.0%-3.1%-7.2%10.7%-9.2%-7.1%10.6%-14.6%2.0%3.3%12.2%26.1%-8.8%8.0%--
OP Growth (YoY)-17.6%-15.1%-7.2%23.2%38.2%-15.1%-24.7%-25.9%3.5%76.0%31.1%14.3%--------
OP Growth (QoQ)42.6%-12.8%-6.9%-28.8%47.1%-4.8%23.6%-20.2%-9.7%-15.5%21.6%11.6%53.5%-37.1%6.0%--
Profit Growth (YoY)---21.0%57.0%16.0%166.0%782.0%-25.0%19.0%3.0%-58.0%46.0%8.0%-2.0%-68.0%-12.0%3.0%
EPS Growth (YoY)-35.8%-21.0%49.3%16.1%165.4%191.6%-24.7%19.1%2.9%-498.3%46.2%7.9%--------
EPS Growth (QoQ)76.3%-47.1%16.0%-40.6%116.9%0.0%-9.9%35.8%174.9%-182.1%42.6%17.2%190.0%-69.8%5.3%--
OP Margin58.3%51.7%56.4%58.7%76.5%57.6%54.9%41.2%57.1%54.0%65.2%55.4%55.7%45.7%66.3%67.5%
Net Margin30.7%17.1%31.8%25.4%41.3%23.4%18.7%12.1%17.4%-53.5%26.1%17.2%16.6%3.8%25.9%27.7%
Material Cost %--------------------------------
Employee Cost %--21.0%28.5%26.2%26.9%21.9%19.9%24.5%21.5%9.5%19.9%19.7%18.1%20.6%17.2%16.4%
P/S2.932.863.012.87------------------------
P/E11.809.7210.0010.69------------------------
P/B1.151.101.211.19------------------------

Shareholding Pattern

Shareholders:1.8L (+81.1%)
Current MixJun 2026

Exchange Filings

50
Company Update20 Aug 2026

Please find attached intimation under Regulation 30 of SEBI Listing Regulations with respect to the ESG Rating provided by ESG Risk Assessments & Insights Limited

Company Update11 Aug 2026

Pursuant to Reg.30 of SEBI Listing Regulations, we are enclosing copies of the newspaper advertisements relating to Special Window for re-lodgement of transfer requests of equity sharesheld ....

Company Update10 Aug 2026

Please find attached transcript of the earnings conference call of the Company held on Tuesday, August 4, 2026.

AGM/EGM04 Aug 2026

Please find attached the summary of the proceedings of the 41st AGM of the Company held on August 3, 2026 at 4:00 pm

AGM/EGM04 Aug 2026

Please find attached Scrutiniser''s Report

Result03 Aug 2026

Please find attached financial results for the first quarter ended June 30, 2026

Company Update23 Jul 2026

Pursuant to Regulation 30 of SEBI Listing Regulations we wish to inform you that Mr. Chirag Negandhi has ceased to be a Senior Management Person of the Company, with effect from the close ....

Company Update14 Jul 2026

We are enclosing the certificate of compliance under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 as received by us from KFin Technologies Limited, for the ....

Board Meeting14 Jul 2026

JM Financial Ltd-has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 03/08/2026 ,inter alia, to consider and approve the Unaudited Standalone and ....

Company Update11 Jul 2026

Pursuant to Reg 30 of SEBI Listing Regulations, we enclosing newspaper advertisement in connection with 41st Annual General Meeting

Company Update11 Jul 2026

Pursuant to Reg 30 of SEBI Listing Regulations, we enclosing newspaper advertisement in connection with 41st Annual General Meeting

AGM/EGM10 Jul 2026

Please find enclosed the notice of the 41st Annual General Meeting of JM Financial Limited scheduled to be held on August 3, 2026

Others10 Jul 2026

Please find enclosed Annual Report of the Company for the financial year 2025-26

Others10 Jul 2026

Please find enclosed Business Responsibility and Sustainability Report of the Company for the financial year 2025-26.

Company Update10 Jul 2026

Please find enclosed intimation regarding letter to Members providing the weblink and QR code for the Annual Report for FY 2025-26 and Notice of the 41st Annual General Meeting ....

Insider Trading / SAST25 Jun 2026

Please find enclosed intimation regarding the closure of trading window from Wednesday, July 1, 2026, pursuant to the SEBI PIT Regulations, 2015.

Company Update25 Jun 2026

We are enclosing copy of the advertisement relating to special window for physical share transfer

Company Update23 Jun 2026

Please find attached intimation of ESOP Allotment

Company Update01 Jun 2026

Please find enclosed intimation of audio recording of earnings conference call held today i.e., June 1, 2026.

Company Update30 May 2026

Please find attached annual secretarial compliance report under Regulation 24A(2) of SEBI Listing Regulations for the financial year ended March 31, 2026.

Board Meeting29 May 2026

Please find attached outcome of the Board Meeting.

Corp. Action29 May 2026

Please find attached Intimation of Record Date for the purpose of determining members eligible for Final Dividend.

Company Update29 May 2026

Please find attached intimation regarding the Forty-first AGM of the Company.

Company Update29 May 2026

Please find attached Press Release issued by the Company.

Company Update29 May 2026

Please find attached intimation regarding Senior Management Persons

Company Update29 May 2026

Please find attached intimation regarding re-appointment of Independent Directors for a second term.

Result29 May 2026

Please find attached outcome of Board Meeting along with Audited Financial Results.

Company Update29 May 2026

Please find enclosed investor presentation.

Company Update26 May 2026

Please find enclosed intimation under Regulation 30 of SEBI Listing Regulations with respect to Earnings call intimation.

Company Update19 May 2026

Please find attached intimation regarding grant of 9,70,624 stock options to eligible employees

Board Meeting07 May 2026

JM Financial Ltd-has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 29/05/2026 ,inter alia, to consider and approve Audited Financial Results and ....

Corp. Action07 May 2026

Please find enclosed intimation regarding consideration and recommendation of final dividend, if any.

Company Update05 May 2026

Pursuant to regulation 30 of SEBI(Listing Obligation and Disclosure Requirement) Regulations 2015, we are enclosing copies of the advertisements relating to Notice of transfer of equity ....

Company Update01 May 2026

Please find enclosed intimation under Regulation 30 of SEBI Listing Regulations informing that Mr. Gagan Kothari shall cease to be a Senior Management Person of the Company, consequent ....

Company Update20 Apr 2026

Allotment of equity shares upon the exercise of stock options by the eligible employees

Company Update18 Apr 2026

Pursuant to Regulation 30 of SEBI(Listing Obligations and Disclosure Requirements)Regulations 2015 we are enclosing copies of the advertisements relating to Special window for re-lodgement ....

Company Update10 Apr 2026

We are enclosing the certificate of complianceunder Regulation 74 (5) of SEBI(Depositories and Participants)Regulations, 2018as received by us from our Registrar and Transfer Agents, viz., ....

Company Update06 Apr 2026

Please find attached intimation under Regulation 30 of SEBI LODR with respect to the ESG rating provided by NSE Sustainability Ratings and Analytics Limited

Company Update02 Apr 2026

Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) 2015 we are enclosing copies of the advertisements relating to the Second 100 Days campaign titled "Saksham ....

Company Update31 Mar 2026

Please find enclosed intimation under Regulation 30 of SEBI LODR with respect to allotment of ESOP.

Insider Trading / SAST25 Mar 2026

Please find enclosed intimation regarding the closure of trading window from Wednesday, April 1, 2026, pursuant to the SEBI PIT Regulations, 2015.

Company Update24 Mar 2026

We wish to inform that the Company has subscribed to 24,25,000 ordinary shares of USD 1 of JM Financial Overseas Holdings Private Limited, a wholly owned subsidiary of the Company. Please ....

Company Update11 Feb 2026

Please find attached transcript of the earnings conference call of the Company held on February 6, 2026.

Company Update10 Feb 2026

Please find enclosed submission of newspaper advertisements pertaining to special window for re-lodgement of physical share transfers

Company Update06 Feb 2026

Please find enclosed intimation of audio recording of earnings conference call held today i.e. February 6, 2026.

Board Meeting05 Feb 2026

Please find enclosed Outcome of the Board Meeting.

Result05 Feb 2026

Please find enclosed financial results.

Company Update05 Feb 2026

Please find enclosed investor presentation.

Company Update05 Feb 2026

Please find enclosed Press release.

Company Update05 Feb 2026

Allotment of equity shares upon the exercise of stock options by the eligible employees.

Annual Reports

15

2026

2025

2024

2023

2022

2021

2020

2019

2018

2017

2016

2015

2014

2013

2012

Credit Ratings

6
icraRating update
31 Dec 2025Report
crisilRating update
04 Apr 2025Report
icraRating update
03 Jan 2025Report
icraRating update
05 Jul 2024Report
crisilRating update
05 Apr 2024Report
icraRating update
14 Mar 2024Report

Concalls

65

Feb 2026

28 Feb 2026

Nov 2025

30 Nov 2025

Aug 2025

31 Aug 2025

May 2025

31 May 2025

Feb 2025

28 Feb 2025

Nov 2024

30 Nov 2024

Aug 2024

31 Aug 2024

May 2024

31 May 2024

Feb 2024

29 Feb 2024

Nov 2023

30 Nov 2023

Aug 2023

31 Aug 2023

May 2023

31 May 2023

May 2023

31 May 2023

May 2023

31 May 2023

Feb 2023

28 Feb 2023

Nov 2022

30 Nov 2022

Aug 2022

31 Aug 2022

Jun 2022

30 Jun 2022

Jun 2022

30 Jun 2022

May 2022

31 May 2022

May 2022

31 May 2022

May 2022

31 May 2022

Mar 2022

31 Mar 2022

Mar 2022

31 Mar 2022

Feb 2022

28 Feb 2022

Feb 2022

28 Feb 2022

Feb 2022

28 Feb 2022

Nov 2021

30 Nov 2021

Nov 2021

30 Nov 2021

Nov 2021

30 Nov 2021

Oct 2021

31 Oct 2021

Sep 2021

30 Sept 2021

Sep 2021

30 Sept 2021

Sep 2021

30 Sept 2021

Aug 2021

31 Aug 2021

Jul 2021

31 Jul 2021

Jul 2021

31 Jul 2021

May 2021

31 May 2021

May 2021

31 May 2021

May 2021

31 May 2021

Jan 2021

31 Jan 2021

Oct 2020

31 Oct 2020

Oct 2020

31 Oct 2020

Oct 2020

31 Oct 2020

Jul 2020

31 Jul 2020

Jun 2020

30 Jun 2020

Jun 2020

30 Jun 2020

May 2020

31 May 2020

May 2020

31 May 2020

May 2020

31 May 2020

Jan 2020

31 Jan 2020

Oct 2019

31 Oct 2019

Aug 2019

31 Aug 2019

May 2019

31 May 2019

May 2019

31 May 2019

Apr 2019

30 Apr 2019

Jan 2019

31 Jan 2019

Oct 2018

31 Oct 2018

Oct 2018

31 Oct 2018

Oct 2018

31 Oct 2018

Jul 2018

31 Jul 2018

May 2018

31 May 2018

Jan 2018

31 Jan 2018

Oct 2017

31 Oct 2017

May 2017

31 May 2017

Held by ETFs

12 ETFs hold JMFINANCIL · sorted by weight

#ETFWeight %
1

HDFCSML250

HDFCAMC - HDFCSML250

0.22%
2

SMALLADD

DSPAMC - SMALLADD

0.22%
3

SML100CASE

ZERODHAAMC - SML100CASE

0.40%
4

SMALL250

MIRAEAMC - SMALL250

0.22%
5

MULTICAP

MIRAEAMC - MULTICAP

0.05%
6

SBISMLETF

SBIAMC - SBISMLETF

0.22%
7

GROWWSC250

GROWWAMC - GROWWSC250

0.22%
8

BSE500IETF

ICICIPRAMC - ICICI500

0.02%
9

AONETOTAL

AONEAMC - AONETOTAL

0.02%
10

MONIFTY500

MOTILALAMC - MONIFTY500

0.02%
11

HDFCBSE500

HDFCAMC - HDFCBSE500

0.02%
12

MOSMALL250

MOTILALAMC - MOSMALL250

0.22%

Held by Mutual Funds

25 schemes hold JMFINANCIL · sorted by weight

#SchemeWeight %
1

ICICI Prudential Infrastructure Direct-Growth

ICICI Prudential Mutual Fund

1.02%
2

Motilal Oswal Small Cap Fund

Motilal Oswal Mutual Fund

1.52%
3

ICICI Prudential Dividend Yield Equity Fund

ICICI Prudential Mutual Fund

1.01%
4

Motilal Oswal Nifty Smallcap 250 Index Fund

Motilal Oswal Mutual Fund

0.25%
5

Quant Small Cap Fund

Quant Mutual Fund

0.61%
6

Kotak Nifty Smallcap 250 Index Fund

Kotak Mahindra Mutual Fund

0.25%
7

Axis Small Cap Fund

Axis Mutual Fund

0.22%
8

Groww Nifty Smallcap 250 Index Fund

Groww Mutual Fund

0.22%
9

ICICI Prudential Nifty Smallcap 250 Index Fund

ICICI Prudential Mutual Fund

0.22%
10

Bandhan Nifty Smallcap 250 Index Fund

Bandhan Mutual Fund

0.22%
11

HDFC Nifty Smallcap 250 Index Fund

HDFC Mutual Fund

0.22%
12

SBI Nifty Smallcap 250 Index Fund

SBI Mutual Fund

0.22%
13

Nippon India Nifty 500 Equal Weight Index Fund

Nippon India Mutual Fund

0.20%
14

Edelweiss Nifty Smallcap 250 Index Fund

Edelweiss Mutual Fund

0.22%
15

ICICI Prudential Multicap Fund

ICICI Prudential Mutual Fund

0.13%
16

HDFC Nifty500 Multicap 50:25:25 Index Fund

HDFC Mutual Fund

0.06%
17

Motilal Oswal Nifty 500 Index Fund

Motilal Oswal Mutual Fund

0.03%
18

HDFC BSE 500 Index Fund

HDFC Mutual Fund

0.03%
19

ICICI Prudential Nifty 500 Index Fund

ICICI Prudential Mutual Fund

0.02%
20

Axis Nifty 500 Index Fund

Axis Mutual Fund

0.02%
21

SBI Nifty 500 Index Fund

SBI Mutual Fund

0.02%
22

Bandhan Nifty Total Market Index Fund

Bandhan Mutual Fund

0.02%
23

Groww Nifty Total Market Index Fund

Groww Mutual Fund

0.02%
24

Motilal Oswal BSE 1000 Index Fund

Motilal Oswal Mutual Fund

0.02%
25

Motilal Oswal Innovation Opportunities Fund

Motilal Oswal Mutual Fund

2.96%