JMFINANCIL · NSE
JM Financial Limited
₹126.3
+3.09% (+₹3.79)
Prev. close
₹122.51
Volume
56,37,377
Delivery %
60.7%
As of
18 Sept 2026
Price history
No analyst calls on this stock in the last 90 days yet.
Explore by date range →Analyst opinions
Fundamentals
About JM Financial Limited
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. The Corporate Advisory and Capital Markets segment caters to institutional, corporate, promoters, government and clients, including investment banking, and institutional equities and research. The Wealth and Asset Management segment provides wealth management business, broking, PMS, Equity and Debt AIFs, and mutual fund business. The Private Market segment comprises of private credit, such as corporate, bespoke, real estate and distressed credit; and Private equity funds, REITs, etc. The Affordable Home Loans segment provides affordable home loans including the affordable housing finance business. The company also provides real estate consulting and capital market lending services. The company was formerly known as J.M. Share and Stock Brokers Private Limited and changed its name to JM Financial Limited in September 2004. JM Financial Limited was founded in 1973 and is headquartered in Mumbai, India.
Details
Sector
Financial Services
Industry
Capital Markets
CEO
Ms. Sonia Dasgupta
Headquarters
Mumbai
Employees
5,250
Website
jmfl.comExchange
View on NSE ↗Key stats
Market cap
₹12,086.40 Cr
P/E ratio (TTM)
11.6
Dividend yield
1.43%
EPS (TTM)
₹10.85
Beta (1Y · daily vs NIFTY 50)
1.68
Beta (5Y · monthly vs NIFTY 50)
1.43
Shares float
38.58 Cr
EPS · quarter ended Jun 2026
₹3.05
Financial Performance
01 · Financials
FY21 growth needs FY20 filings, which the data source doesn't provide.
02 · Earnings Per Share (EPS)
03 · Dividend Profile
Growth compares completed fiscal-year dividend totals on the company's own calendar: April–March (Indian FY), taken from its reported period-ends. Payout ledger: NSE corporate actions.
04 · Operating Efficiency (Growth Rates)
Balance-sheet-based · pre-FY23 not filed in verifiable form
05 · Capital Structure & Asset Utilization
Pre-FY23 not filed in verifiable form
Asset turnover needs a prior year of assets — omitted for the earliest available year.
06 · Asset Base Composition
Pre-FY23 not filed in verifiable form
07 · Debt Level & Coverage
Pre-FY23 not filed in verifiable form
08 · Profit & Loss
Annual
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| ₹346.28 Cr | ₹3,707.16 Cr | ₹2,068.58 Cr | ₹2,692.69 Cr | ₹2,722.35 Cr | ₹3,497.66 Cr | |
| EBITDA | ₹235.99 Cr | ₹2,467.55 Cr | ₹2,172.99 Cr | ₹1,967.92 Cr | ₹2,365.57 Cr | ₹2,657.99 Cr |
| ₹175.23 Cr | ₹773.16 Cr | ₹597.29 Cr | ₹409.84 Cr | ₹821.31 Cr | ₹1,201.97 Cr | |
| Diluted EPS | ₹1.88 | ₹8.09 | ₹6.25 | ₹4.29 | ₹8.58 | ₹12.55 |
09 · Balance Sheet
Annual
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| ₹23,378.00 Cr | ₹25,661.00 Cr | ₹29,213.00 Cr | ₹29,592.00 Cr | ₹24,347.00 Cr | ₹26,337.00 Cr | |
| Total debt | — | — | ₹15,939.46 Cr | ₹16,227.73 Cr | ₹11,507.36 Cr | ₹11,669.44 Cr |
| Stockholders' equity | ₹7,000.00 Cr | ₹7,686.00 Cr | ₹8,136.00 Cr | ₹8,491.00 Cr | ₹9,728.00 Cr | ₹10,658.00 Cr |
Inventory, Receivables (trade + unbilled), Trade receivables, Unbilled receivables (contract assets), Total debt have filed figures for only some of the years shown — no further verified source covers the rest, so those years are left blank rather than estimated.
Annual only — the data source doesn’t publish quarterly balance-sheet detail for most NSE-listed companies.
10 · Cash Flow Statement
Annual
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| ₹969.00 Cr | ₹-3,203.00 Cr | ₹-2,449.00 Cr | ₹3,635.00 Cr | ₹5,569.00 Cr | ₹581.00 Cr | |
| Investing cash flow | ₹-404.11 Cr | ₹2,615.80 Cr | ₹-591.61 Cr | ₹-2,089.94 Cr | ₹-2,474.51 Cr | ₹-532.40 Cr |
| ₹1,296.00 Cr | ₹1,024.00 Cr | ₹2,153.00 Cr | ₹162.00 Cr | ₹-4,786.00 Cr | ₹-116.00 Cr | |
| Capital expenditure | ₹-6.00 Cr | ₹-17.00 Cr | ₹-125.00 Cr | ₹-54.00 Cr | ₹-34.00 Cr | ₹-64.00 Cr |
| End cash position | ₹10.17 Cr | ₹1,262.94 Cr | ₹524.02 Cr | ₹2,231.58 Cr | ₹540.00 Cr | ₹472.19 Cr |
Annual only — the data source has no quarterly cash-flow-statement coverage.
11 · Shareholding Pattern
NSE, quarterly
| Line item | Sep 21 | Dec 21 | Mar 22 | Jun 22 | Sep 22–Dec 22(2Q) | Mar 23 | Jun 23–Sep 23(2Q) | Dec 23–Mar 24(2Q) | Jun 24–Dec 24(3Q) | Mar 25 | Jun 25 | Sep 25 | Dec 25 | Mar 26 | Jun 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoter | 54.81% | 55.27% | 55.42% | 55.41% | 56.01% | 56.49% | 56.47% | 56.44% | 56.43% | 56.50% | 56.51% | 56.60% | 56.90% | 57.07% | 57.03% |
| Public | 45.19% | 44.73% | 44.58% | 44.59% | 43.99% | 43.51% | 43.53% | 43.56% | 43.57% | 43.50% | 43.49% | 43.40% | 43.10% | 42.93% | 42.97% |
| Employee trusts | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Source: NSE quarterly shareholding-pattern filings, collapsed to periods where the reported percentages held steady — a column spanning several quarters means no change was filed across them. No FII/DII sub-split available from this source — Public includes all non-promoter, non-employee-trust holders.
12 · Peer Comparison
Financial Services
| Company | ||||||||
|---|---|---|---|---|---|---|---|---|
| HDFC Bank Limited | ₹11.27 L Cr | ₹731 | 16.2 | 1.38 | 8.6% | 0.81 | +4.7% | -25.2% |
| ICICI Bank Limited | ₹9.75 L Cr | ₹1,347.6 | 17.6 | 2.69 | 14.9% | 0.57 | +9.1% | -5.0% |
| State Bank of India | ₹9.16 L Cr | ₹996.2 | 10.6 | 1.54 | 14.0% | 1.22 | +9.2% | +16.6% |
| Bajaj Finance Limited | ₹6.31 L Cr | ₹1,040.3 | 31.1 | 5.54 | 16.7% | 3.10 | +19.7% | +4.4% |
| Life Insurance Corporation Of India | ₹5.06 L Cr | ₹407.7 | 8.4 | 2.87 | 32.5% | — | +8.7% | -54.2% |
| Kotak Mahindra Bank Limited | ₹4.08 L Cr | ₹415 | 20.5 | 2.25 | 10.6% | 0.53 | -0.3% | -79.5% |
| Axis Bank Limited | ₹3.86 L Cr | ₹1,240 | 14.0 | 1.80 | 12.3% | 1.30 | +4.0% | +10.1% |
| Bajaj Finserv Limited | ₹2.98 L Cr | ₹1,852.5 | 29.4 | 3.82 | 12.6% | 4.64 | +13.6% | -10.5% |
| Shriram Finance Limited | ₹2.34 L Cr | ₹1,010 | 17.6 | 3.55 | 15.2% | 2.76 | +13.9% | +61.1% |
| SBI Life Insurance Company Limited | ₹1.77 L Cr | ₹1,731 | 68.0 | 9.29 | 12.9% | — | -4.3% | -5.0% |
| ICICI Prudential Asset Management Company Limited | ₹1.53 L Cr | ₹3,098 | 43.8 | 36.57 | 79.1% | — | +23.1% | — |
| JM Financial Limited | ₹11,723.72 Cr | ₹126.3 | 11.3 | 1.10 | 11.3% | 1.09 | +28.5% | -28.3% |
Ranked by market cap within Financial Services, same metrics as the Fundamentals screener. Click a column to sort.
Documents
Annual reports
Show all 29
Concall transcripts
Show all 11
Official documents linked from their sources — offer documents as filed with SEBI (sebi.gov.in), annual reports and earnings-call transcripts as published on BSE (bseindia.com) and NSE (nseindia.com). Links open the source's own hosting; nothing is re-hosted here.
Index membership
24 indices
NSE weights are a free-float market-cap-share estimate, not NSE’s own published (and sometimes capped) index weight. BSE weights are BSE’s own published index weight, not an estimate. Indices without weight data are listed without one, in alphabetical order after the weighted ones.