JM Financial Limited
NSE: JMFINANCIL · Holding Company · sector
₹107.22NSE close 2026-10-26
Key numbers
Market cap₹10,261 cr
Price₹107.22
52w high / low₹176 / ₹107
P/E18.2xSector median 26.4x
P/B2.1xSector median 2.1x
Book value₹49.7
Dividend yield3.91%Sector median 1.56%
ROE12.2%Sector median 11.0%
ROA11.04%Sector median 5.62%
Gross NPA–
Net NPA–
CET1–
Sales growth 3y+35.5%Sector median +29.6%
Profit growth 3y+36.4%Sector median +32.8%
PEG0.50x
Last 12 months to Jun 2026, Standalone. "Sector median" = middle value of 16 companies in Holding Company (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- No promoter shares are pledged.
- Promoter holding rose by 1.35 percentage points in a year, to 57.95% (2026-09-30).
- Total income was higher than a year earlier in 1 of the last 4 quarters.
- Dividend paid in 5 of the last 5 financial years.
- Price ₹107.22 on 2026-10-26: -39.0% from the 52-week high, 0.0% from the 52-week low.
Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.
Charts
Weekly close · high ₹184.57 · low ₹87.87
Total incomeNet profit
Total incomeNet profit
Quarterly results
| ₹ cr | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Total income | 237 | 209 | 252 | 246 | 275 | 195 | 119 | 82 |
| Net interest income | 237 | 209 | 252 | 246 | 275 | 195 | 119 | 82 |
| Other income | 192 | 2 | 5 | 2 | 120 | 242 | 3 | 3 |
| Net profit | 299 | 70 | 135 | 133 | 246 | 288 | 26 | 2 |
| EPS (₹) | 3.13 | 0.74 | 1.41 | 1.40 | 2.57 | 3.01 | 0.27 | 0.03 |
| Revenue YoY | +15.9% | -6.9% | -52.6% | -66.6% | ||||
| Profit YoY | -17.8% | +308.9% | -80.9% | -98.1% |
Standalone figures where filed. Latest quarter Jun 2026.
Profit & loss (yearly)
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|---|---|
| Revenue | 561 | 336 | 718 | 837 | 836 | 672 |
| Net profit | 328 | 273 | 310 | 539 | 693 | 562 |
| EPS (₹) | 3.44 | 2.86 | 3.24 | 5.64 | 7.25 | 5.88 |
| Revenue growth | -40.1% | +113.6% | +16.6% | -0.2% | -28.9% | |
| Profit growth | -16.7% | +13.4% | +74.0% | +28.7% | -11.8% | |
| Dividend / share (₹) | 1.00 | 2.05 | 0.90 | 2.00 | 4.20 |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | +35.5% | +19.3% | -28.9% |
| Net profit | +36.4% | +31.7% | -11.8% |
| EPS | +36.4% | +31.0% | – |
| Share price | – | -12.0% (2y) | -33.3% |
Balance sheet
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Shareholders' equity | – | 3,817 | 4,110 | 4,461 | 4,759 |
| Borrowings | – | 0 | 54 | 53 | 41 |
| Cash & equivalents | – | 14 | 45 | 79 | 19 |
| Total assets | – | 4,083 | 4,452 | 4,878 | 5,091 |
| Fixed assets | – | 53 | 46 | 46 | 34 |
| Capital work in progress | – | 0 | 0 | 0 | 0 |
| Inventory | – | 0 | 0 | 0 | 0 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Cash from operations | 203 | -265 | 518 | 162 | 61 |
| Cash from investing | -25 | 400 | -433 | 84 | 296 |
| Cash from financing | -108 | -208 | -99 | -211 | -416 |
| Capex | 2 | 1 | 1 | 5 | 1 |
| Free cash flow | 201 | -265 | 517 | 157 | 61 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| ROE % | – | 7.2% | 7.5% | 12.1% | 14.6% |
Shareholding
| Holder | % (2026-09-30) |
|---|---|
| Promoters | 57.95% |
| FIIs | 16.87% |
| DIIs | 5.07% |
| of which Mutual funds | 4.55% |
| of which Insurance | 0.15% |
| Public (non-institutions) | 20.11% |
| Quarter | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters % | 56.43% | 56.50% | 56.51% | 56.60% | 56.90% | 57.07% | 57.03% | 57.95% |
| Promoter group | % |
|---|---|
| J. M. Financial and Investment Consultancy Services Private Limited | 24.98% |
| Nimesh Kampani | 13.11% |
| J. M. Assets Management Private Limited | 11.75% |
| Aruna Kampani | 2.82% |
| SNK Investments Private Limited | 2.11% |
| Vishal Kampani | 1.36% |
| Amishi Akash Gambhir | 0.84% |
| JSB Securities Limited | 0.44% |
| JM Financial Trustee Company Private Limited | 0.28% |
| Nimesh Kampani HUF (Nimesh Kampani - Karta) | 0.13% |
| Shiv Vishal Kampani | 0.13% |
| Kampani Properties and Holdings Limited | 0.01% |
| Public holders above 1% | % |
|---|---|
| Timf Holdings | 2.36% |
| Baron Emerging Markets Fund | 2.12% |
| Quant Mutual Fund - Quant Small CAP Fund | 1.75% |
| Think India Opportunities Master Fund LP | 1.21% |
| Motilal Oswal (Various Schemes) | 1.19% |
| Robeco Capital Growth Funds - Robeco QI Emerging Markets Active Equities | 1.19% |
| ICICI Prudential (Various Schemes) | 1.08% |
| Vikram Shankar Pandit | 1.00% |
1,72,747 shareholders. Pledged: 0.00% of promoter shares.
Peers in Holding Company
| Company | Market cap | P/E | P/B | ROE | ROA | Gross NPA | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| BAJAJFINSV | ₹2,67,153 cr | 120.3x | 26.2x | 23.9% | 21.44% | – | +23.3% | 0.06% |
| BAJAJHLDNG | ₹1,22,943 cr | 40.8x | 4.5x | 12.9% | 10.68% | – | +18.6% | 0.84% |
| CHOICEIN | ₹15,551 cr | 60.1x | 9.3x | 18.0% | 6.81% | – | +42.7% | – |
| EDELWEISS | ₹11,633 cr | 25.6x | 1.9x | 7.8% | 4.43% | – | -39.0% | 1.22% |
| JMFINANCIL | ₹10,261 cr | 18.2x | 2.1x | 12.2% | 11.04% | – | +35.5% | 3.91% |
| KAMAHOLD | ₹6,988 cr | 52.4x | 8.2x | 15.4% | 14.16% | – | +54.5% | 1.90% |
| RANEHOLDIN | ₹2,064 cr | 24.4x | 1.8x | 7.5% | 2.20% | – | +18.8% | 3.02% |
| BFINVEST | ₹1,428 cr | 9.7x | 0.4x | 4.4% | 3.76% | – | +29.6% | – |
| BLIL | ₹1,388 cr | 9.8x | 7.2x | 73.6% | 71.76% | – | – | 10.12% |
| AFSL | ₹1,025 cr | 7.6x | 0.8x | 11.0% | 4.41% | – | +174.8% | – |
Dividends & corporate actions
| Ex-date | Action | Detail |
|---|---|---|
| 2026-06-12 | Dividend | Dividend - Rs 1.75 Per Share |
| 2025-11-14 | Dividend | Interim Dividend - Rs 1.50 Per Share |
| 2025-06-13 | Dividend | Dividend - Rs 2.70 Per Share |
| 2024-06-07 | Dividend | Dividend - Rs 2 Per Share |
| 2023-05-19 | Dividend | Dividend - Re 0.90 Per Share |
| 2022-11-24 | Dividend | Interim Dividend - Re 0.90 Per Share |
| 2022-07-07 | Dividend | Dividend - Rs 1.15 Per Share |
| 2022-02-17 | Dividend | Interim Dividend - Rs 0.50 Per Share |
| 2021-05-28 | Dividend | Annual General Meeting/Dividend - Rs 0.50 Per Share |
| 2020-05-15 | Dividend | Dividend - Rs 0.20 Per Share |
| 2019-05-10 | Dividend | Annual General Meeting/Dividend - Re 0.50 Per Share |
| 2019-01-31 | Dividend | Interim Dividend - Re 0.50 Per Share |
| 2018-05-10 | Dividend | Annual General Meeting / Dividend- Rs 1.10 Per Share |
| 2018-01-31 | Dividend | Interim Dividend - Re 0.70 Per Share |
| 2017-05-11 | Dividend | Annual General Meeting/Dividend - Re 0.85 Per Share |
| 2017-02-02 | Dividend | Interim Dividend Rs 0.65/- Per Share |
| 2016-05-23 | Dividend | Dividend - Re 0.85/- Per Share |
| 2016-02-11 | Dividend | Interim Dividend Re 0.60/- Per Share (Purpose Revised) |
| 2015-06-08 | Dividend | Final Dividend - Re 0.80/- Per Share |
| 2015-02-05 | Dividend | Interim Dividend - Re 0.55/- Per Share |
Documents
- Annual report FY26
- Annual report FY25
- Annual report FY24
- Annual report FY23
- Annual report FY22
- Announcements NSE filings
- BRSR FY26
- Latest results (data file) XBRL
- Announcements BSE filings
Links go to the original files on the exchange website.
About the company
- Financial and Insurance Services: Other financial activities, financial service activities (except insurance and pension funding)
| Sector | Financial Services |
| Industry | Holding Company |
| Sub-industry | Holding Company |
| Symbol | JMFINANCIL |
| BSE code | 523405 |
| ISIN | INE780C01023 |
| Face value | ₹1.0 |
| Incorporated | 1986-01-30 |
| Website | www.jmfl.com |
| Plants (India / abroad) | 0 / 0 |
From the company's filings (BRSR FY26).
Data built 2026-10-22 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.