Nifty
:
25114.00
Sensex
:
81904.70
108.50 (0.43%)
355.97 (0.44%)
Nifty
Sensex
:
:
25114.00
81904.70
108.50 (0.43%)
355.97 (0.44%)

JM Financial Ltd.

Finance - Capital Markets

Rating :
62/99

BSE: 523405 | NSE: JMFINANCIL

NSE BSE
179.96
12-Sep-2025
  • Open
  • High
  • Low
  • Previous Close
  •  181.1
  •  184.54
  •  178.12
  •  180.42
  • Volume
  • Traded Value (lacs)
  • 52 Week High
  • 52 Week Low
  •  3901588
  •  708102264.12
  •  199.8
  •  80.2

Stock Summary

  • Market Cap(Crs)
  • Stock P:E
  • Face Value
  • 17,225.26
  • 15.60
  • 1
  • Enterprise Value(Crs)
  • Dividend Yield
  • Price:Book Value
  • 24,278.55
  • 1.50%
  • 1.70

Shareholding Pattern

  • Promoter
  • Corporate
  • Public
  • 56.51%
  • 2.52%
  • 13.79%
  • FII
  • DII
  • Others
  • 17.69%
  • 5.78%
  • 3.71%

Chart

Price | P:E | P:BV | EV:EBITDA | MCap:Sales | EPS

Revenue CAGR (%)

  • 10 Years
  • 5 Years
  • 3 Years
  • 11.34
  • 6.48
  • 10.20

EBITDA CAGR (%)

  • 10 Years
  • 5 Years
  • 3 Years
  • 8.25
  • 0.95
  • 4.86

PAT CAGR (%)

  • 10 Years
  • 5 Years
  • 3 Years
  • 9.04
  • 6.87
  • 11.14

P:E (Median)

  • 8 Years
  • 5 Years
  • 3 Years
  • 13.78
  • 13.68
  • 14.21

P:BV (Average)

  • 8 Years
  • 5 Years
  • 3 Years
  • 1.35
  • 1.08
  • 1.08

EV:EBITDA (Average)

  • 8 Years
  • 5 Years
  • 3 Years
  • 7.35
  • 6.89
  • 6.35

Earnings Forecasts:

(Updated: 08-09-2025)
Description
2024
2025
2026
2027
Adj EPS
8.59
P/E Ratio
20.95
Revenue
4452.83
EBITDA
2365.57
Net Income
821.31
ROA
3.03
P/B Ratio
1.77
ROE
9.02
FCFF
868.16
FCFF Yield
3.64
Net Debt
6998.52
BVPS
101.78

Quarterly Results

Consolidated Figures in Rs. Crores /

Standalone
Description
Jun 25
Jun 24
Var%
Mar 25
Mar 24
Var%
Dec 24
Dec 23
Var%
Sep 24
Sep 23
Var%
Net Sales
1,111.34
1,077.05
3.18%
1,003.92
1,260.70
-20.37%
1,106.14
1,235.99
-10.51%
1,190.51
1,197.38
-0.57%
Expenses
261.12
462.16
-43.50%
425.87
579.97
-26.57%
499.59
429.87
16.22%
699.64
534.77
30.83%
EBITDA
850.22
614.89
38.27%
578.05
680.73
-15.08%
606.55
806.12
-24.76%
490.87
662.61
-25.92%
EBIDTM
76.50%
57.09%
57.58%
54.00%
54.83%
65.22%
41.23%
55.34%
Other Income
9.89
16.82
-41.20%
23.29
15.42
51.04%
14.40
24.97
-42.33%
20.70
16.58
24.85%
Interest
250.88
370.22
-32.23%
273.59
407.25
-32.82%
318.00
400.29
-20.56%
343.12
388.10
-11.59%
Depreciation
16.67
16.24
2.65%
16.33
14.16
15.32%
16.37
13.68
19.66%
14.85
13.16
12.84%
PBT
592.56
245.25
141.61%
311.42
-572.12
-
286.58
417.12
-31.30%
153.60
277.93
-44.73%
Tax
134.98
59.47
126.97%
76.41
102.76
-25.64%
79.16
95.56
-17.16%
9.81
72.39
-86.45%
PAT
457.58
185.78
146.30%
235.01
-674.88
-
207.42
321.56
-35.50%
143.79
205.54
-30.04%
PATM
41.17%
17.25%
23.41%
-53.53%
18.75%
26.02%
12.08%
17.17%
EPS
4.75
1.79
165.36%
2.19
-2.39
-
2.19
2.91
-24.74%
2.43
2.04
19.12%

Annual Results

Consolidated Figures in Rs. Crores /

Standalone
Description
TTM
Mar 25
Mar 24
Mar 23
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Mar 16
Net Sales
4,411.91
4,377.62
4,760.72
3,271.50
3,707.16
3,197.47
3,432.03
3,548.71
3,054.01
2,159.24
1,494.84
Net Sales Growth
-7.53%
-8.05%
45.52%
-11.75%
15.94%
-6.83%
-3.29%
16.20%
41.44%
44.45%
 
Cost Of Goods Sold
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Gross Profit
4,411.91
4,377.62
4,760.72
3,271.50
3,707.16
3,197.47
3,432.03
3,548.71
3,054.01
2,159.24
1,494.84
GP Margin
100.00%
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
Total Expenditure
1,886.22
2,089.34
2,017.50
1,466.91
1,295.73
1,014.83
933.13
812.94
770.30
582.25
459.43
Power & Fuel Cost
-
6.92
5.77
4.71
3.39
3.37
4.50
4.27
4.35
4.18
4.21
% Of Sales
-
0.16%
0.12%
0.14%
0.09%
0.11%
0.13%
0.12%
0.14%
0.19%
0.28%
Employee Cost
-
963.30
795.44
622.34
547.81
440.83
395.41
421.61
391.01
305.81
263.91
% Of Sales
-
22.01%
16.71%
19.02%
14.78%
13.79%
11.52%
11.88%
12.80%
14.16%
17.65%
Manufacturing Exp.
-
478.82
413.39
303.78
297.48
220.01
178.53
173.85
175.73
157.98
126.99
% Of Sales
-
10.94%
8.68%
9.29%
8.02%
6.88%
5.20%
4.90%
5.75%
7.32%
8.50%
General & Admin Exp.
-
173.74
161.97
95.86
53.60
45.56
55.55
73.27
66.53
50.56
37.85
% Of Sales
-
3.97%
3.40%
2.93%
1.45%
1.42%
1.62%
2.06%
2.18%
2.34%
2.53%
Selling & Distn. Exp.
-
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
% Of Sales
-
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
Miscellaneous Exp.
-
473.48
646.70
444.93
396.84
308.43
303.64
144.21
137.03
67.90
0.00
% Of Sales
-
10.82%
13.58%
13.60%
10.70%
9.65%
8.85%
4.06%
4.49%
3.14%
2.05%
EBITDA
2,525.69
2,288.28
2,743.22
1,804.59
2,411.43
2,182.64
2,498.90
2,735.77
2,283.71
1,576.99
1,035.41
EBITDA Margin
57.25%
52.27%
57.62%
55.16%
65.05%
68.26%
72.81%
77.09%
74.78%
73.03%
69.27%
Other Income
68.28
77.29
71.56
368.40
56.12
34.83
21.52
20.34
46.29
200.02
189.82
Interest
1,185.59
1,304.93
1,561.52
1,178.51
1,081.73
1,110.87
1,385.86
1,446.21
1,138.99
781.96
512.09
Depreciation
64.22
63.79
53.03
41.87
37.78
39.75
41.04
27.11
26.17
23.32
20.29
PBT
1,344.16
996.85
1,200.23
952.61
1,348.04
1,066.85
1,093.52
1,282.79
1,164.84
971.73
692.85
Tax
300.36
224.85
325.85
243.85
355.67
260.79
315.98
446.31
381.77
334.84
222.44
Tax Rate
22.35%
22.56%
92.21%
25.60%
26.38%
24.44%
28.90%
34.79%
32.77%
34.46%
32.11%
PAT
1,043.80
819.72
406.61
597.06
773.14
588.03
544.57
571.61
599.07
458.22
345.13
PAT before Minority Interest
1,102.84
772.00
27.52
708.76
992.37
806.06
777.54
836.48
783.07
636.89
470.41
Minority Interest
59.04
47.72
379.09
-111.70
-219.23
-218.03
-232.97
-264.87
-184.00
-178.67
-125.28
PAT Margin
23.66%
18.73%
8.54%
18.25%
20.86%
18.39%
15.87%
16.11%
19.62%
21.22%
23.09%
PAT Growth
2,646.84%
101.60%
-31.90%
-22.77%
31.48%
7.98%
-4.73%
-4.58%
30.74%
32.77%
 
EPS
10.92
8.57
4.25
6.24
8.09
6.15
5.70
5.98
6.27
4.79
3.61

Results Balance Sheet

Consolidated Figures in Rs. Crores /

Standalone
Description
Mar 25
Mar 24
Mar 23
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Mar 16
Shareholder's Funds
9,727.80
8,490.50
8,136.26
7,686.21
6,999.90
5,638.77
5,131.69
4,554.64
3,319.31
2,909.47
Share Capital
95.58
95.56
95.48
95.41
95.27
84.12
83.99
83.79
79.45
78.90
Total Reserves
9,596.25
8,376.14
8,024.17
7,573.09
6,877.77
5,525.67
5,019.79
4,449.71
3,228.88
2,818.60
Non-Current Liabilities
6,662.36
10,178.18
12,639.15
9,439.95
9,719.54
142.80
10,183.83
10,103.72
4,241.02
2,637.03
Secured Loans
6,727.39
10,159.81
12,625.45
9,453.08
9,670.70
0.00
9,787.03
9,380.84
4,064.39
2,312.41
Unsecured Loans
0.00
0.00
0.00
0.00
0.00
0.00
320.06
604.07
0.00
160.00
Long Term Provisions
36.43
32.28
35.97
33.48
36.87
47.88
30.46
27.04
66.57
64.00
Current Liabilities
7,277.07
8,255.35
5,216.22
5,507.97
3,954.78
12,468.29
4,690.12
5,630.17
7,875.48
4,845.88
Trade Payables
1,233.70
1,314.14
1,323.24
845.95
763.93
439.85
417.10
345.28
823.36
312.02
Other Current Liabilities
1,325.21
936.98
620.23
636.60
476.03
272.77
377.26
272.13
1,664.52
597.59
Short Term Borrowings
4,691.88
5,984.99
3,252.17
4,006.86
2,697.81
11,755.67
3,884.02
5,002.66
5,378.17
3,846.29
Short Term Provisions
26.28
19.24
20.58
18.56
17.01
0.00
11.74
10.10
9.43
89.98
Total Liabilities
24,169.88
29,489.56
29,125.22
25,573.56
23,350.37
20,745.52
22,640.09
22,206.29
16,544.99
11,060.93
Net Block
579.04
571.54
504.85
413.71
422.86
449.98
423.55
427.07
473.71
444.45
Gross Block
833.29
794.18
685.40
561.81
542.54
536.66
472.77
453.37
613.29
575.59
Accumulated Depreciation
254.25
222.64
180.55
148.10
119.68
86.68
49.22
26.30
139.58
131.14
Non Current Assets
12,897.11
18,472.23
2,150.72
1,375.10
1,164.83
2,322.78
1,330.17
1,312.08
7,417.00
5,759.34
Capital Work in Progress
10.23
4.43
7.01
3.05
0.86
0.69
1.35
2.90
2.03
1.09
Non Current Investment
1,441.91
1,251.64
1,055.33
597.54
413.80
1,529.07
615.39
598.62
197.91
509.92
Long Term Loans & Adv.
449.75
551.47
583.53
360.80
327.31
320.40
289.88
283.49
6,742.85
4,803.54
Other Non Current Assets
498.60
1,030.24
0.00
0.00
0.00
22.64
0.00
0.00
0.50
0.34
Current Assets
11,272.77
11,017.33
26,974.50
24,198.46
22,185.54
18,422.74
21,309.92
20,894.21
9,127.99
5,301.59
Current Investments
4,022.23
3,472.59
2,529.16
3,041.75
5,387.85
2,485.38
2,317.95
1,789.83
1,958.07
261.81
Inventories
129.90
142.87
102.10
0.00
0.00
0.00
0.00
0.00
9.86
256.89
Sundry Debtors
512.73
423.76
1,215.31
499.09
508.62
324.25
685.05
854.68
1,178.91
354.91
Cash & Bank
4,365.98
5,382.16
2,391.66
2,559.87
2,074.95
1,329.40
1,282.24
1,526.95
869.06
1,265.05
Other Current Assets
2,241.93
1,595.95
3,931.44
3,184.95
14,214.12
14,283.71
17,024.68
16,722.75
5,112.09
3,162.93
Short Term Loans & Adv.
0.00
0.00
16,804.83
14,912.80
11,081.03
11,881.49
14,238.04
14,972.59
4,935.64
2,997.69
Net Current Assets
3,995.70
2,761.98
21,758.28
18,690.49
18,230.76
5,954.45
16,619.80
15,264.04
1,252.51
455.71
Total Assets
24,169.88
29,489.56
29,125.22
25,573.56
23,350.37
20,745.52
22,640.09
22,206.29
16,544.99
11,060.93

Cash Flow

Consolidated Figures in Rs. Crores /

Standalone
Description
Mar 25
Mar 24
Mar 23
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Mar 16
Cash From Operating Activity
5,568.68
3,635.05
-2,307.20
-3,458.08
969.28
3,164.13
773.27
-3,584.18
-2,545.60
-918.14
PBT
996.85
1,200.23
952.61
1,348.04
1,066.85
1,093.52
1,282.79
1,164.84
971.73
692.85
Adjustment
-890.79
-953.91
-978.99
-1,079.13
-67.75
59.34
-228.21
-48.39
712.62
420.41
Changes in Working Capital
5,081.38
2,750.23
-2,882.97
-3,751.44
284.34
2,383.43
221.79
-4,237.76
-3,909.90
-1,801.90
Cash after chg. in Working capital
5,187.44
2,996.55
-2,909.35
-3,482.53
1,283.44
3,536.29
1,276.37
-3,121.31
-2,225.55
-688.64
Interest Paid
-1,395.98
-1,549.17
-1,145.24
-1,334.22
0.00
0.00
0.00
0.00
0.00
0.00
Tax Paid
-204.89
-379.78
-274.23
-452.49
-314.16
-372.16
-503.10
-462.87
-320.05
-229.50
Other Direct Exp. Paid
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Extra & Other Items
1,982.11
2,567.45
2,021.62
1,811.16
0.00
0.00
0.00
0.00
0.00
0.00
Cash From Investing Activity
-2,474.51
-2,089.94
-591.61
2,613.92
-2,248.75
-901.41
-148.41
-708.04
-366.30
264.03
Net Fixed Assets
-7.81
-1.95
-6.98
2.16
-1.91
-83.70
-1.55
-2.83
0.44
-0.95
Net Investments
-304.19
-558.97
152.48
-229.61
-492.92
-139.65
35.39
-655.03
-12.55
-94.99
Others
-2,162.51
-1,529.02
-737.11
2,841.37
-1,753.92
-678.06
-182.25
-50.18
-354.19
359.97
Cash from Financing Activity
-4,785.75
162.45
2,159.89
1,280.72
1,295.95
-2,204.53
-522.17
4,539.69
2,424.13
1,304.88
Net Cash Inflow / Outflow
-1,691.58
1,707.56
-738.92
436.56
16.48
58.19
102.69
247.47
-487.77
650.77
Opening Cash & Equivalents
2,231.58
524.02
1,262.94
826.38
809.90
751.71
649.08
401.61
843.18
192.41
Closing Cash & Equivalent
540.00
2,231.58
524.02
1,262.94
826.38
809.90
751.77
649.08
395.65
843.18

Financial Ratios

Consolidated /

Standalone
Description
Mar 25
Mar 24
Mar 23
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Mar 16
Book Value (Rs.)
101.40
88.65
85.04
80.37
73.19
66.69
60.77
54.11
41.64
36.72
ROA
2.88%
0.09%
2.59%
4.06%
3.66%
3.58%
3.73%
4.04%
4.61%
4.81%
ROE
8.50%
0.33%
8.98%
13.56%
12.81%
14.52%
17.36%
19.97%
20.53%
17.33%
ROCE
10.06%
7.87%
9.44%
11.99%
11.85%
13.58%
14.12%
13.69%
14.79%
14.30%
Fixed Asset Turnover
5.38
6.44
5.25
6.71
5.93
6.80
7.66
5.73
3.63
2.63
Receivable days
39.04
62.83
95.64
49.61
47.54
53.67
79.18
121.52
129.64
71.00
Inventory Days
11.37
9.39
11.39
0.00
0.00
0.00
0.00
0.00
22.55
75.19
Payable days
0.00
0.00
0.00
0.00
0.00
247.78
219.23
351.62
416.05
225.82
Cash Conversion Cycle
50.41
72.22
107.03
49.61
47.54
-194.11
-140.05
-230.10
-263.87
-79.62
Total Debt/Equity
1.18
1.91
1.96
1.76
1.77
2.10
2.74
3.31
3.27
2.30
Interest Cover
1.76
1.23
1.81
2.25
1.96
1.79
1.89
2.02
2.24
2.35

Annual Reports:

FY 2025
FY 2024
FY 2023
FY 2022
FY 2021
FY 2020
FY 2019
FY 2018
FY 2017
FY 2016

News Update:


  • JM Financial reports over 2-fold jump in Q1 consolidated net profit
    12th Aug 2025, 11:17 AM

    The total consolidated income of the company increased by 2.50% at Rs 1121.23 crore for Q1FY26

    Read More
  • JM Financial - Quarterly Results
    11th Aug 2025, 13:38 PM

    Read More
  • JM Financial acquires 2.98% stake in JM Financial Credit Solutions
    1st Jul 2025, 17:21 PM

    JMFCSL has become the company’s wholly owned subsidiary with 100% control over JMFCSL

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  • JM Financial enters into SPA with Moraine Master Fund LP
    28th Jun 2025, 10:20 AM

    Cost of acquisition is approximately Rs 88.97 crore

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Source: www.accordfintech.com | DISCLAIMER: Information is provided " as is" and solely for informational purposes, not for trading purposes or advice, and may be delayed.