- Valuation
- ₹13,710 Cr

About JM Financial
JM Financial is a publicly listed company based in Mumbai (India) founded in 1973 by Nimesh Kampani. Investment banking services are offered across multiple sectors. It operates on a Professional Services, Commission-Based, and FinTech model. The company has 4,680 employees. Its website jmfl.com draws about 33 thousand monthly visits. Its Indian entity Jm Financial Limited reported revenue of βΉ4,261 Cr. JM Financial offers products and services including Investment Banking, Wealth Management, Asset Management, and Affordable Home Loans. Its focus areas include Financials, Capital Markets, Investment Banking and Asset Management.
Company details
JM Financial Limited is involved in providing investment banking, corporate advisory, and capital market services. The company operates in sectors such as wealth management, asset management, and affordable home loans. Solutions are offered for institutional equities, private markets, and public issues of debt, equity, REITs, and InvITs. Operations are primarily based in India with a focus on expanding financial service accessibility through various branches and digital platforms.
Recognitions & Rankings of JM Financial
- Market Cap₹10,782 Cr
JMFINANCIL · NSE
- Share Price₹112.66
+0.98% today
- Revenue₹4,223 Cr
FY 2025-26 · -4.3% YoY
- EBITDA₹2,620 Cr
Margin 62.0%
- Net Profit₹1,217 Cr
FY 2025-26 · +48.4% YoY
- P/E (TTM)10.4x
P/B 1.0x
- ROE11.6%
ROCE 11.8%
- Debt / Equity1.14
Interest cover 39.3x
- Latest Funding Round$101.57M (USD), Post-IPO
Jun 2020
- Employee Count4,680
Associated legal entities of JM Financial
JM Financial operates through Jm Financial Limited, a listed company (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2026) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Jm Financial Limited Listed CIN L67120MH1986PLC038784 | Active | 30 Jan 1986 | Mumbai, Maharashtra | ₹4,261 Cr | 246 | 11 | View details |
Products & Services of JM Financial
JM Financial offers a comprehensive portfolio of products and services, including Investment Banking, Wealth Management, Asset Management, and Affordable Home Loans.
Advisory and capital market services are provided to clients.
Wealth management solutions are offered to individual clients.
Asset management services are delivered for investment portfolios.
Home loan products are provided for affordable housing.
Apps and channels of JM Financial
its YouTube channel JM Financial Group has 5.73K subscribers and 30 videos.
Videos from JM Financial
The most watched videos on JM Financial's YouTube channel, JM Financial Group (5.73K subscribers). Click a video to play it here.
More on JM Financial Group.
Funding Insights of JM Financial
- Total Rounds 2
- Last Round Post-IPO β $101.57M
- First Round $101.68M
(Feb 2018)
All 2 funding rounds of JM Financial with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun 2020 | $101.57M | Post-IPO | β | β | β |
| Feb 2018 | $101.68M | Post-IPO | β | β | β |
Board of directors of Jm Financial Limited (JM Financial)
Jm Financial Limited is the primary company behind JM Financial. The board of Jm Financial Limited currently have 9 directors; the longest-serving is Nimesh Nagindas Kampani, appointed in 2011. 17 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Nimesh Nagindas Kampani DIN 00009071 | Director | 01 Apr 2011 | 15 yrs 7 mo | Jm Financial Limited |
| Vishal Nimesh Kampani DIN 00009079 | Managing Director | 03 Feb 2016 | 10 yrs 9 mo | Jm Financial Limited |
| Palamadai Sundararajan Jayakumar DIN 01173236 | Director | 30 Jul 2020 | 6 yrs 3 mo | Jm Financial Limited |
| Adi Rusi Patel DIN 02307863 | Managing Director | 01 Oct 2021 | 5 yrs 1 mo | Jm Financial Limited |
| Navroz Darius Udwadia DIN 08355220 | Director | 09 Dec 2021 | 4 yrs 11 mo | Jm Financial Limited |
| Roshini Hemant Bakshi DIN 01832163 | Director | 09 Dec 2021 | 4 yrs 11 mo | Jm Financial Limited |
| Pradip Manilal Kanakia DIN 00770347 | Director | 07 Feb 2022 | 4 yrs 9 mo | Jm Financial Limited |
| Sumit Bose DIN 03340616 | Director | 24 May 2022 | 4 yrs 5 mo | Jm Financial Limited |
| Hariharan Ramamurthi Aiyar DIN 01374306 | Director | 12 May 2025 | 1 yr 5 mo | Jm Financial Limited |
People of JM Financial
62 people are tracked at JM Financial (37 in leadership, 12 in board & advisors, 13 in team); the tracked headcount is 4,680.
| Name | Role | Group |
|---|---|---|
| Founder & Group Chairman | Leadership | |
Rushabh Gandhi | Director | Leadership |
Ranganath Char | Managing Director | Leadership |
| Group Chief Operating Officer | Leadership | |
Sugandha Kaushik | Director | Leadership |
Pranob Gupta | Managing Director | Leadership |
Akhil Kejriwal | Managing Director | Leadership |
Venugopal Nyalapelli | Director | Leadership |
Dilip Dube | Director | Leadership |
Ankit Paldiwal | Director | Leadership |
Jagdish Chander Joshi | Sr Vice President - Investment Banking & Wealth Group | Leadership |
Anish Damania | MD & CEO, Institutional Equities | Leadership |
Amitabh Mohanty | MD & CEO, Mutual Fund | Leadership |
Kishore Karia | Cluster Head PWG | Leadership |
Pradyumna Choudhary | Assistant Vice President - Investments | Leadership |
Vallabh Kulkarni | Director, Institutional Sales | Leadership |
Shridhar Jadhav | Vice President - Structured Finance (bespoke) Group | Leadership |
Krishma Amin | Director, Investment Banking | Leadership |
Anuj Kapoor | MD & CEO, Private Wealth & Alternatives Asset Management | Leadership |
Sonia Dasgupta | MD & CEO, Investment Banking | Leadership |
42 more people are available in the full profile.
Complete people profiles for JM Financial
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
IPO & Listings of JM Financial
JM Financial is a publicly listed company on the NSE with ticker symbol JMFINANCIL in India, operating in the Finance sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date10 Oct 2006
- Listed onNSE: JMFINANCIL
- Listed entityJM Financial Limited
- Exchange sectorFinance
- ISININE780C01023
- Share price₹119.69 (-0.56% on the day) · 2026-10-14
- Market capitalisation₹11,522 Cr
- Price to earnings11.0
- EPS (diluted, trailing year)₹10.87
- Dividend yield2.7%
- Volume (last session)1,593,610
Financials of JM Financial
Exchange-reported figures of Jm Financial Limited, the listed company behind JM Financial (NSE: JMFINANCIL).
Financial Highlights
FY 2025-26 Β· ConsolidatedRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 4,223 | 4,410 | 4,787 | 3,292 | 3,724 | 3,211 | 3,446 |
| Revenue growth | -4.3% | -7.9% | +45.4% | -11.6% | +16.0% | -6.8% | - |
| EBITDA | 2,620 | 2,323 | 1,923 | 2,122 | 2,429 | 2,202 | 2,513 |
| EBITDA margin | +62.1% | +52.7% | +40.2% | +64.5% | +65.2% | +68.6% | +72.9% |
| Profit before tax | 1,580 | 997 | 353 | 953 | 1,348 | 1,067 | 1,094 |
| Net profit | 1,217 | 820 | 444 | 597 | 773 | 590 | 545 |
| Net profit margin | +28.8% | +18.6% | +9.3% | +18.1% | +20.8% | +18.4% | +15.8% |
| EPS (βΉ) | 12.57 | 8.59 | 4.29 | 6.26 | 8.10 | 6.19 | 6.48 |
| Balance sheet | |||||||
| Total assets | 22,993 | 21,738 | 27,284 | 27,209 | 24,124 | 22,081 | 19,890 |
| Net worth | 10,657 | 9,728 | 8,490 | 8,136 | 7,686 | 7,000 | 5,639 |
| Total debt | 11,635 | 11,507 | 16,228 | 15,939 | 13,498 | 12,405 | 11,756 |
| Cash & bank | 4,868 | 4,509 | 5,444 | 2,392 | 2,560 | 2,075 | 1,329 |
| Net working capital | 6,107 | 5,589 | 6,818 | 6,097 | 4,908 | 4,605 | 3,552 |
| Cash flow | |||||||
| Cash from operations | 581 | 5,569 | 3,635 | (2,307) | (3,458) | 969 | 3,164 |
| Cash from investing | (532) | (2,475) | (2,090) | (592) | 2,614 | (2,249) | (901) |
| Cash from financing | (116) | (4,786) | 162 | 2,160 | 1,281 | 1,296 | (2,205) |
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1,032 | 1,201 | 949 | 999 | 1,031 | 1,111 | 1,004 | 1,106 |
| Revenue growth (YoY) | +0.1% | +8.0% | -5.5% | -9.7% | -13.4% | +3.2% | - | - |
| Other income | 23.93 | 24.13 | 20.09 | 127 | 13.00 | 9.89 | 23.29 | 14.40 |
| EBITDA | 580 | 700 | 491 | 542 | 605 | 850 | 578 | 607 |
| EBITDA margin | +56.9% | +58.5% | +51.9% | +54.6% | +59.9% | +77.7% | +58.6% | +55.2% |
| Depreciation | 22.25 | 22.07 | 22.13 | 20.37 | 19.20 | 16.67 | 16.33 | 16.37 |
| Interest | 258 | 247 | 246 | 248 | 254 | 251 | 274 | 318 |
| Profit before tax | 323 | 456 | 243 | 400 | 344 | 593 | 311 | 287 |
| Tax | 95.48 | 86.80 | 83.74 | 95.37 | 89.46 | 135 | 76.41 | 79.16 |
| Net profit | 228 | 369 | 159 | 305 | 255 | 458 | 235 | 207 |
| EPS (βΉ) | 2.50 | 3.05 | 1.73 | 3.27 | 2.82 | 4.74 | 2.19 | 2.18 |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 1,200 | 962 | 820 | 552 | 613 | 373 | 300 |
| Revenue growth | +24.8% | +17.4% | +48.4% | -9.9% | +64.6% | +24.1% | - |
| EBITDA | 826 | 566 | 426 | 310 | 427 | 234 | 174 |
| EBITDA margin | +68.8% | +58.8% | +52.0% | +56.2% | +69.6% | +62.9% | +57.8% |
| Profit before tax | 811 | 550 | 410 | 297 | 416 | 217 | 156 |
| Net profit | 695 | 554 | 310 | 256 | 328 | 175 | 127 |
| Net profit margin | +57.9% | +57.6% | +37.8% | +46.4% | +53.4% | +47.0% | +42.4% |
| EPS (βΉ) | 7.25 | 5.64 | 3.24 | 2.69 | 3.44 | 1.84 | 1.51 |
| Balance sheet | |||||||
| Total assets | 4,800 | 4,515 | 4,164 | 3,948 | 3,802 | 3,575 | 2,574 |
| Net worth | 4,759 | 4,461 | 4,110 | 3,887 | 3,737 | 3,503 | 2,573 |
| Total debt | 40.92 | 53.48 | 54.06 | 60.75 | 65.98 | 71.76 | 0.72 |
| Cash & bank | 18.97 | 78.82 | 45.18 | 60.81 | 85.99 | 15.14 | 21.93 |
| Net working capital | 19.58 | 159 | 145 | 187 | 182 | 154 | 90.88 |
| Cash flow | |||||||
| Cash from operations | 61.49 | 162 | 518 | (281) | 203 | (352) | 151 |
| Cash from investing | 296 | 83.57 | (433) | 398 | (25.01) | (382) | (87.98) |
| Cash from financing | (416) | (211) | (98.92) | (208) | (108) | 729 | (55.89) |
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 251 | 82.26 | 119 | 195 | 275 | 246 | 225 | 209 |
| Revenue growth (YoY) | -8.7% | -66.6% | -47.1% | -6.9% | +22.0% | +107.2% | - | - |
| Other income | 147 | 3.44 | 2.61 | 242 | 120 | 2.01 | 7.02 | 1.61 |
| Total expenses | 101 | 78.76 | 82.62 | 100 | 109 | 81.69 | 75.77 | 118 |
| EBITDA | 151 | 3.50 | 36.75 | 94.35 | 166 | 165 | 150 | 91.32 |
| EBITDA margin | +60.0% | +4.3% | +30.8% | +48.5% | +60.2% | +66.8% | +66.4% | +43.6% |
| Depreciation | 3.28 | 3.16 | 3.07 | 3.05 | 3.05 | 3.14 | 3.12 | 4.33 |
| Interest | 0.97 | 1.00 | 1.09 | 1.12 | 1.18 | 1.26 | 1.31 | 1.81 |
| Profit before tax | 293 | 2.78 | 35.20 | 332 | 282 | 162 | 152 | 86.79 |
| Tax | 37.46 | 0.28 | 9.53 | 44.10 | 35.63 | 28.73 | 17.76 | 16.32 |
Financial Statements
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1,032 | 1,201 | 949 | 999 | 1,031 | 1,111 | 1,004 | 1,106 |
| Revenue growth (YoY) | +0.1% | +8.0% | -5.5% | -9.7% | -13.4% | +3.2% | - | - |
| Other income | 23.93 | 24.13 | 20.09 | 127 | 13.00 | 9.89 | 23.29 | 14.40 |
| EBITDA | 580 | 700 | 491 | 542 | 605 | 850 | 578 | 607 |
| EBITDA margin | +56.9% | +58.5% | +51.9% | +54.6% | +59.9% | +77.7% | +58.6% | +55.2% |
| Depreciation | 22.25 | 22.07 | 22.13 | 20.37 | 19.20 | 16.67 | 16.33 | 16.37 |
| Interest | 258 | 247 | 246 | 248 | 254 | 251 | 274 | 318 |
| Profit before tax | 323 | 456 | 243 | 400 | 344 | 593 | 311 | 287 |
| Tax | 95.48 | 86.80 | 83.74 | 95.37 | 89.46 | 135 | 76.41 | 79.16 |
| Net profit | 228 | 369 | 159 | 305 | 255 | 458 | 235 | 207 |
| EPS (βΉ) | 2.50 | 3.05 | 1.73 | 3.27 | 2.82 | 4.74 | 2.19 | 2.18 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 4,223 | 4,410 | 4,787 | 3,292 | 3,724 | 3,211 | 3,446 |
| Revenue growth | -4.3% | -7.9% | +45.4% | -11.6% | +16.0% | -6.8% | - |
| Other income | 37.96 | 42.76 | 44.72 | 50.96 | 38.89 | 15.48 | 7.64 |
| Total expenses | 1,603 | 2,087 | 2,864 | 1,170 | 1,296 | 1,009 | 933 |
| Employee cost | 1,054 | 963 | 795 | 622 | 548 | 441 | 395 |
| EBITDA | 2,620 | 2,323 | 1,923 | 2,122 | 2,429 | 2,202 | 2,513 |
| EBITDA margin | +62.1% | +52.7% | +40.2% | +64.5% | +65.2% | +68.6% | +72.9% |
| Depreciation | 78.37 | 63.79 | 53.03 | 41.87 | 37.78 | 39.75 | 41.04 |
| Interest | 999 | 1,305 | 1,562 | 1,179 | 1,082 | 1,111 | 1,386 |
| Profit before tax | 1,580 | 997 | 353 | 953 | 1,348 | 1,067 | 1,094 |
| Tax | 404 | 225 | 326 | 244 | 356 | 261 | 316 |
| Net profit | 1,217 | 820 | 444 | 597 | 773 | 590 | 545 |
| Net profit margin | +28.8% | +18.6% | +9.3% | +18.1% | +20.8% | +18.4% | +15.8% |
| EPS (βΉ) | 12.57 | 8.59 | 4.29 | 6.26 | 8.10 | 6.19 | 6.48 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 95.64 | 95.58 | 95.56 | 95.48 | 95.41 | 95.27 | 84.12 |
| Reserves & surplus | 10,562 | 9,632 | 8,395 | 8,041 | 7,591 | 6,905 | 5,555 |
| Shareholders' funds (net worth) | 10,657 | 9,728 | 8,490 | 8,136 | 7,686 | 7,000 | 5,639 |
| Minority interest | 701 | 503 | 2,566 | 3,134 | 2,939 | 2,676 | 2,496 |
| Secured loans | 8,538 | 8,938 | 13,523 | 12,779 | 9,643 | 9,973 | 10,215 |
| Unsecured loans | 3,096 | 2,570 | 2,705 | 3,161 | 3,855 | 2,433 | 1,541 |
| Total debt | 11,635 | 11,507 | 16,228 | 15,939 | 13,498 | 12,405 | 11,756 |
| Total liabilities | 22,993 | 21,738 | 27,284 | 27,209 | 24,124 | 22,081 | 19,890 |
| Assets | |||||||
| Gross block | 940 | 833 | 794 | 685 | 562 | 543 | 537 |
| Net block | 625 | 579 | 572 | 505 | 414 | 423 | 450 |
| Capital work in progress | 160 | 10.23 | 4.43 | 7.01 | 3.05 | 0.86 | 0.69 |
| Investments | 6,209 | 5,464 | 4,724 | 3,584 | 3,639 | 5,802 | 4,014 |
| Inventories | 128 | 130 | 143 | 102 | 0.00 | 0.00 | 0.00 |
| Sundry debtors | 1,431 | 646 | 569 | 1,215 | 499 | 509 | 324 |
| Cash & bank balances | 4,868 | 4,509 | 5,444 | 2,392 | 2,560 | 2,075 | 1,329 |
| Loans & advances | 3,025 | 2,914 | 2,972 | 4,391 | 3,387 | 3,319 | 2,727 |
| Total current assets | 9,451 | 8,199 | 9,126 | 8,100 | 6,446 | 5,902 | 4,380 |
| Total current liabilities | 3,344 | 2,610 | 2,308 | 2,003 | 1,538 | 1,297 | 828 |
| Net working capital | 6,107 | 5,589 | 6,818 | 6,097 | 4,908 | 4,605 | 3,552 |
| Total assets | 22,993 | 21,738 | 27,284 | 27,209 | 24,124 | 22,081 | 19,890 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 540 | 2,232 | 524 | 1,263 | 826 | 810 | 752 |
| Net cash from operating activities | 581 | 5,569 | 3,635 | (2,307) | (3,458) | 969 | 3,164 |
| Net cash from investing activities | (532) | (2,475) | (2,090) | (592) | 2,614 | (2,249) | (901) |
| Net cash from financing activities | (116) | (4,786) | 162 | 2,160 | 1,281 | 1,296 | (2,205) |
| Net change in cash | (67.81) | (1,692) | 1,708 | (739) | 437 | 16.48 | 58.13 |
| Closing cash | 4,868 | 4,509 | 5,444 | 2,392 | 2,560 | 2,075 | 1,329 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | -4.3% | -7.9% | +45.4% | -11.6% | +16.0% | -6.8% | - |
| EBITDA growth | +12.8% | +20.8% | -9.4% | -12.6% | +10.3% | -12.4% | - |
| PBT growth | +58.5% | +182.1% | -62.9% | -29.3% | +26.4% | -2.4% | -14.8% |
| Net income growth | +48.4% | +84.7% | -25.6% | -22.8% | +31.0% | +8.3% | - |
| Revenue CAGR (3Y) | +8.7% | +5.8% | +14.2% | -1.5% | +2.2% | +1.6% | +13.5% |
| EBITDA CAGR (3Y) | +7.3% | -1.5% | -4.4% | -5.5% | -4.1% | -1.4% | +12.2% |
| Profitability & leverage | |||||||
| Net income margin | +27.9% | +17.5% | +0.6% | +21.5% | +26.7% | +25.1% | +22.6% |
| Return on capital employed | +11.9% | +10.0% | +11.3% | +9.4% | +12.0% | +11.8% | +13.6% |
| Return on net worth | +11.6% | +8.5% | +0.7% | +9.0% | +13.5% | +12.8% | +14.4% |
| Debt / equity | 1.14 | 1.52 | 1.93 | 1.86 | 1.76 | 1.91 | 2.39 |
| Long-term debt / equity | 0.94 | 1.33 | 1.70 | 1.55 | 1.47 | 1.72 | 1.98 |
| Interest cover | 39.31 | 57.77 | 83.57 | 56.70 | 45.24 | 51.38 | 56.07 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 4.81 | 5.47 | 6.53 | 5.36 | 6.82 | 5.98 | 6.84 |
| Inventory turnover | 33.10 | 32.65 | 39.45 | 65.49 | 0.00 | 0.00 | 0.00 |
| Debtors turnover | 4.10 | 7.33 | 5.42 | 3.90 | 7.47 | 7.75 | 6.84 |
| EPS (βΉ) | 12.57 | 8.59 | 4.29 | 6.26 | 8.10 | 6.19 | 6.48 |
| Dividend per share (βΉ) | 3.25 | 2.70 | 2.00 | 1.80 | 1.65 | 0.50 | 0.20 |
| Book value per share (βΉ) | 111.43 | 101.78 | 88.85 | 85.21 | 80.56 | 73.47 | 67.03 |
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 251 | 82.26 | 119 | 195 | 275 | 246 | 225 | 209 |
| Revenue growth (YoY) | -8.7% | -66.6% | -47.1% | -6.9% | +22.0% | +107.2% | - | - |
| Other income | 147 | 3.44 | 2.61 | 242 | 120 | 2.01 | 7.02 | 1.61 |
| Total expenses | 101 | 78.76 | 82.62 | 100 | 109 | 81.69 | 75.77 | 118 |
| EBITDA | 151 | 3.50 | 36.75 | 94.35 | 166 | 165 | 150 | 91.32 |
| EBITDA margin | +60.0% | +4.3% | +30.8% | +48.5% | +60.2% | +66.8% | +66.4% | +43.6% |
| Depreciation | 3.28 | 3.16 | 3.07 | 3.05 | 3.05 | 3.14 | 3.12 | 4.33 |
| Interest | 0.97 | 1.00 | 1.09 | 1.12 | 1.18 | 1.26 | 1.31 | 1.81 |
| Profit before tax | 293 | 2.78 | 35.20 | 332 | 282 | 162 | 152 | 86.79 |
| Tax | 37.46 | 0.28 | 9.53 | 44.10 | 35.63 | 28.73 | 17.76 | 16.32 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 1,200 | 962 | 820 | 552 | 613 | 373 | 300 |
| Revenue growth | +24.8% | +17.4% | +48.4% | -9.9% | +64.6% | +24.1% | - |
| Other income | 1.68 | 1.97 | 0.63 | 2.97 | 6.17 | 1.68 | 2.80 |
| Total expenses | 374 | 396 | 394 | 242 | 186 | 138 | 127 |
| Employee cost | 223 | 206 | 184 | 147 | 116 | 84.31 | 66.83 |
| EBITDA | 826 | 566 | 426 | 310 | 427 | 234 | 174 |
| EBITDA margin | +68.8% | +58.8% | +52.0% | +56.2% | +69.6% | +62.9% | +57.8% |
| Depreciation | 12.31 | 12.20 | 10.89 | 10.44 | 10.69 | 11.92 | 12.18 |
| Interest | 4.65 | 5.56 | 5.50 | 6.13 | 6.76 | 7.24 | 7.81 |
| Profit before tax | 811 | 550 | 410 | 297 | 416 | 217 | 156 |
| Tax | 118 | 11.28 | 101 | 40.22 | 88.12 | 41.60 | 29.14 |
| Net profit | 695 | 554 | 310 | 256 | 328 | 175 | 127 |
| Net profit margin | +57.9% | +57.6% | +37.8% | +46.4% | +53.4% | +47.0% | +42.4% |
| EPS (βΉ) | 7.25 | 5.64 | 3.24 | 2.69 | 3.44 | 1.84 | 1.51 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 95.64 | 95.58 | 95.56 | 95.48 | 95.41 | 95.27 | 84.12 |
| Reserves & surplus | 4,663 | 4,366 | 4,014 | 3,792 | 3,641 | 3,408 | 2,489 |
| Shareholders' funds (net worth) | 4,759 | 4,461 | 4,110 | 3,887 | 3,737 | 3,503 | 2,573 |
| Secured loans | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.72 |
| Unsecured loans | 40.92 | 53.48 | 54.06 | 60.75 | 65.98 | 71.76 | 0.00 |
| Total debt | 40.92 | 53.48 | 54.06 | 60.75 | 65.98 | 71.76 | 0.72 |
| Total liabilities | 4,800 | 4,515 | 4,164 | 3,948 | 3,802 | 3,575 | 2,574 |
| Assets | |||||||
| Gross block | 106 | 109 | 101 | 99.38 | 92.40 | 94.56 | 92.65 |
| Net block | 34.90 | 47.40 | 48.02 | 56.33 | 60.60 | 68.82 | 77.10 |
| Capital work in progress | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 4,266 | 3,962 | 3,657 | 3,098 | 3,251 | 3,021 | 2,528 |
| Inventories | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Sundry debtors | 71.39 | 110 | 77.63 | 33.47 | 28.38 | 49.91 | 22.35 |
| Cash & bank balances | 18.97 | 78.82 | 45.18 | 60.81 | 85.99 | 15.14 | 21.93 |
| Loans & advances | 85.11 | 231 | 167 | 178 | 172 | 186 | 193 |
| Total current assets | 175 | 420 | 289 | 272 | 286 | 251 | 238 |
| Total current liabilities | 156 | 260 | 145 | 85.13 | 105 | 96.98 | 147 |
| Net working capital | 19.58 | 159 | 145 | 187 | 182 | 154 | 90.88 |
| Total assets | 4,800 | 4,515 | 4,164 | 3,948 | 3,802 | 3,575 | 2,574 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 75.59 | 41.07 | 54.85 | 146 | 10.17 | 14.73 | 7.19 |
| Net cash from operating activities | 61.49 | 162 | 518 | (281) | 203 | (352) | 151 |
| Net cash from investing activities | 296 | 83.57 | (433) | 398 | (25.01) | (382) | (87.98) |
| Net cash from financing activities | (416) | (211) | (98.92) | (208) | (108) | 729 | (55.89) |
| Net change in cash | (59.07) | 34.52 | (13.78) | (90.95) | 69.93 | (4.56) | 7.54 |
| Closing cash | 18.97 | 78.82 | 45.18 | 60.81 | 85.99 | 15.14 | 21.93 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +24.8% | +17.4% | +48.4% | -9.9% | +64.6% | +24.1% | - |
| EBITDA growth | +46.1% | +32.8% | +37.3% | -27.4% | +82.3% | +34.9% | - |
| PBT growth | +47.5% | +34.1% | +38.3% | -28.7% | +91.8% | +38.6% | +35.2% |
| Net income growth | +25.6% | +78.8% | +20.7% | -21.8% | +87.1% | +37.6% | - |
| Revenue CAGR (3Y) | +29.5% | +16.2% | +30.1% | +22.5% | +31.5% | -4.3% | +22.9% |
| EBITDA CAGR (3Y) | +38.6% | +9.8% | +22.1% | +21.4% | +46.3% | -4.4% | +5.9% |
| Profitability & leverage | |||||||
| Net income margin | +57.7% | +56.0% | +37.8% | +46.4% | +53.4% | +47.0% | +42.4% |
| Return on capital employed | +17.5% | +12.8% | +10.3% | +7.8% | +11.5% | +7.3% | +6.5% |
| Return on net worth | +15.0% | +12.6% | +7.7% | +6.7% | +9.1% | +5.8% | +5.0% |
| Debt / equity | 0.01 | 0.01 | 0.01 | 0.02 | 0.02 | 0.01 | 0.00 |
| Long-term debt / equity | 0.01 | 0.01 | 0.01 | 0.02 | 0.02 | 0.01 | 0.00 |
| Interest cover | 0.57 | 1.00 | 1.33 | 2.04 | 1.62 | 3.26 | 4.84 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 11.19 | 9.16 | 8.18 | 5.79 | 6.63 | 4.00 | 5.97 |
| Inventory turnover | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Debtors turnover | 13.28 | 10.29 | 14.77 | 17.96 | 15.83 | 10.36 | 18.71 |
| EPS (βΉ) | 7.25 | 5.64 | 3.24 | 2.69 | 3.44 | 1.84 | 1.51 |
| Dividend per share (βΉ) | 3.25 | 2.70 | 2.00 | 1.80 | 1.65 | 0.50 | 0.20 |
| Book value per share (βΉ) | 49.76 | 46.68 | 43.00 | 40.71 | 39.16 | 36.77 | 30.59 |
Timeline of JM Financial
4 dated milestones of JM Financial across 47 years, from founding to its latest funding, stage changes and deals.
- Founded JM Financial is founded.
- IPO Lists on the stock exchange (IPO).
- Funding First funding round of $101.7M.
- Funding Latest funding round, Post-IPO, of $101.6M.
Web traffic of JM Financial
The website of JM Financial (jmfl.com) receives about 33.2K visits a month and ranks #620,123 among all websites worldwide, #6,111 in Investing.
- Monthly visits33.2K
▼ 28.8% vs previous month
- Unique visitors20.9K
per month
- Global rank#620,123
among all websites
- Category rank#6,111
Finance · Investing
- Bounce rate26%
- Pages per visit2.7
- Average visit55 sec
- DevicesDesktop 44% Β· Mobile 56%
Websites whose visitors overlap most with JM Financial. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| jmfinancialservices.in | 100% | #381,811 | View details | ||
jmflresearch.com | jmflresearch.com | 98% | #1,089,183 | β | |
screener.in | screener.in | 90% | #1,968 | β | |
| chittorgarh.com | 80% | 10.4M | #4,414 | View details | |
| investorgain.com | 79% | 19.5M | #2,189 | View details | |
| β’β’β’β’β’β’β’β’β’β’ | β’β’β’β’β’β’.com | β’β’% | β’.β’M | #β’β’β’β’β’ | β |
| β’β’β’β’β’β’β’β’β’β’ | β’β’β’β’β’β’.com | β’β’% | β’.β’M | #β’β’β’β’β’ | β |
| β’β’β’β’β’β’β’β’β’β’ | β’β’β’β’β’β’.com | β’β’% | β’.β’M | #β’β’β’β’β’ | β |
All 40 similar websites and full traffic analytics for JM Financial
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Top companies in Consumer and SME Loans
3 companies that operate in the same segment as JM Financial (Consumer and SME Loans) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Consumer and SME loans are provided by Manappuram Finance. | 1992 | Valapad, Kerala, India | USD 39.98 M | USD 1.01 B | 51,650 | |
Affordable home loans are extended to low and middle-income groups. | 2010 | Mumbai, Maharashtra, India | USD 209.7 M | USD 204.93 M | 1,634 | |
Diversified lending services are provided as a non-banking financial institution. | 1994 | Mumbai, Maharashtra, India | USD 1.9 B | 167 |
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Related news about Jm Financial
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Frequently Asked Questions about JM Financial
JM Financial was founded in 1973 and raised its 1st funding round 45 years after it was founded.
JM Financial is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
JM Financial has 4,680 employees.
The primary company behind JM Financial, Jm Financial Limited, reported revenue of βΉ4,261 Cr for FY 2026, down 4% year on year.
JM Financial Limited is involved in providing investment banking, corporate advisory, and capital market services. The company operates in sectors such as wealth management, asset management, and affordable home loans. Solutions are offered for institutional equities, private markets, and public issues of debt, equity, REITs, and InvITs. Operations are primarily based in India with a focus on expanding financial service accessibility through various branches and digital platforms.
JM Financial offers Investment Banking, Wealth Management, Asset Management, and Affordable Home Loans.
Yes, JM Financial is publicly traded on NSE under the ticker symbol JMFINANCIL.
JM Financial operates through Jm Financial Limited.
The legal entities of JM Financial currently have 11 directors, including Adi Rusi Patel, Pradip Manilal Kanakia, Nimesh Nagindas Kampani and others.
