BAJAJ BROKING

Notification close image
No new Notification messages
card image
Vikram Solar IPO is Open!
Apply for the Vikram Solar IPO through UPI in just minutes.
delete image
card image
Start your SIP with just ₹100
Choose from 4,000+ Mutual Funds on Bajaj Broking
delete image
card image
Open a Free Demat Account
Pay ZERO maintenance charges for the first year, get free stock picks daily, and more.
delete image
card image
Trade Now, Pay Later with up to 4x
Never miss a good trading opportunity due to low funds with our MTF feature.
delete image
card image
Track Market Movers Instantly
Stay updated with real-time data. Get insights at your fingertips.
delete image

13637

523405

JMFINANCIL

img img img img
No Data Available

Experience smart and hassle-free investing in minutes with Bajaj Broking! *T&C apply

Jm Financial performance

Today’s low

Today’s high

₹ 181.88 ₹ 189.00
₹ 188.37

52 week low

52 week high

₹ 80.20 ₹ 191.70
₹ 188.37

Open Price

₹ 186.52

Prev. Close

₹ 186.31

Volume (Shares)

7545537.00

Total traded value

₹ 14213.52

Upper Circuit

₹ 223.57

Lower Circuit

₹ 149.04

info

Jm Financial Share Price Update

As of the latest trading session, Jm Financial share price is currently at ₹ 188.37, which is up by ₹ 2.05 from its previous closing. Today, the stock has fluctuated between ₹ 181.88 and ₹ 189.00. Over the past year, Jm Financial has achieved a return of 101.76 %. In the last month alone, the return has been 10.06 %. Read More...

Investment Returns

Over 1 Month 10.06% Over 3 Months 58.42% Over 6 Months 91.10% Over 1 Year 101.76%
demotext Smart Investing Starts here ! Trade Smart with Fast Execution & Zero Account Opening Fees Invest Now

Jm Financial fundamentals


  • Market cap (Cr)

    18,011.20

  • P/E Ratio (TTM)

    28.23

  • Beta

    1.57

  • Book Value / share

    46.66

  • Return on equity

    12.57%

  • EPS (TTM)

    6.64

  • Dividend yield

    1.43%

  • Net profit/quarter (Cr)

    133.45

info icon alternate text
  • Market cap (Cr)

    18,004.50

  • P/E Ratio (TTM)

    28.23

  • Beta

    1.48

  • Book Value / share

    46.66

  • Return on equity

    12.57%

  • EPS (TTM)

    6.64

  • Dividend yield

    1.43%

  • Net profit/quarter (Cr)

    133.45

info icon alternate text

Jm Financial Financials

  • Key Results

  • Key Ratios

  • Balance sheet

  • Cash Flow

  • Competition

info-icon

Revenue

Net income

Particulars JUN 2025 (Values in Cr)
Revenue 246.26
Operating Expense 87.35
Net Profit 133.45
Net Profit Margin (%) 54.19
Earnings Per Share (EPS) 1.40
EBITDA 166.57
Effective Tax Rate (%) 17.71
Particulars MAR 2025 (Values in Cr)
Revenue 225.49
Operating Expense 81.51
Net Profit 134.55
Net Profit Margin (%) 59.67
Earnings Per Share (EPS) 1.41
EBITDA 153.99
Effective Tax Rate (%) 11.87
Particulars DEC 2024 (Values in Cr)
Revenue 209.21
Operating Expense 125.84
Net Profit 70.47
Net Profit Margin (%) 33.68
Earnings Per Share (EPS) 0.74
EBITDA 92.93
Effective Tax Rate (%) 18.80
Particulars SEP 2024 (Values in Cr)
Revenue 237.47
Operating Expense 166.60
Net Profit 299.21
Net Profit Margin (%) 125.99
Earnings Per Share (EPS) 3.13
EBITDA 271.17
Effective Tax Rate (%) -12.90
Particulars JUN 2024 (Values in Cr)
Revenue 118.84
Operating Expense 76.19
Net Profit 34.51
Net Profit Margin (%) 29.03
Earnings Per Share (EPS) 0.36
EBITDA 50.10
Effective Tax Rate (%) 24.09
Particulars MAR 2025 (Values in Cr)
Revenue 764.39
Operating Expense 403.11
Net Profit 538.74
Net Profit Margin (%) 70.47
Earnings Per Share (EPS) 5.64
EBITDA 584.21
Effective Tax Rate (%) 1.99
Particulars MAR 2024 (Values in Cr)
Revenue 717.93
Operating Expense 415.71
Net Profit 309.60
Net Profit Margin (%) 43.12
Earnings Per Share (EPS) 3.24
EBITDA 426.59
Effective Tax Rate (%) 24.52
Particulars MAR 2023 (Values in Cr)
Revenue 402.94
Operating Expense 264.92
Net Profit 256.45
Net Profit Margin (%) 63.64
Earnings Per Share (EPS) 2.69
EBITDA 313.24
Effective Tax Rate (%) 13.55
Particulars MAR 2022 (Values in Cr)
Revenue 560.55
Operating Expense 210.48
Net Profit 327.78
Net Profit Margin (%) 58.47
Earnings Per Share (EPS) 3.44
EBITDA 433.34
Effective Tax Rate (%) 21.18
Particulars MAR 2021 (Values in Cr)
Revenue 346.51
Operating Expense 164.82
Net Profit 175.23
Net Profit Margin (%) 50.56
Earnings Per Share (EPS) 1.88
EBITDA 235.99
Effective Tax Rate (%) 19.18
Particulars MAR 2025 (Values in Cr)
Book Value / Share 101.78
ROE % 8.47
ROCE % 10.02
Total Debt to Total Equity 1.52
EBITDA Margin 53.13
Particulars MAR 2024 (Values in Cr)
Book Value / Share 88.85
ROE % 0.74
ROCE % 11.32
Total Debt to Total Equity 1.93
EBITDA Margin 58.24
Particulars MAR 2023 (Values in Cr)
Book Value / Share 85.21
ROE % 8.96
ROCE % 9.42
Total Debt to Total Equity 1.86
EBITDA Margin 65.00
Particulars MAR 2022 (Values in Cr)
Book Value / Share 80.56
ROE % 13.51
ROCE % 11.97
Total Debt to Total Equity 1.76
EBITDA Margin 65.57
Particulars MAR 2021 (Values in Cr)
Book Value / Share 73.47
ROE % 12.76
ROCE % 11.84
Total Debt to Total Equity 1.91
EBITDA Margin 68.72
Particulars MAR 2025 (Values in Cr)
Book Value / Share 46.68
ROE % 12.57
ROCE % 12.82
Total Debt to Total Equity 0.01
EBITDA Margin 55.21
Particulars MAR 2024 (Values in Cr)
Book Value / Share 43.00
ROE % 7.74
ROCE % 10.25
Total Debt to Total Equity 0.01
EBITDA Margin 52.00
Particulars MAR 2023 (Values in Cr)
Book Value / Share 40.71
ROE % 6.73
ROCE % 7.81
Total Debt to Total Equity 0.02
EBITDA Margin 56.39
Particulars MAR 2022 (Values in Cr)
Book Value / Share 39.16
ROE % 9.06
ROCE % 11.46
Total Debt to Total Equity 0.02
EBITDA Margin 69.94
Particulars MAR 2021 (Values in Cr)
Book Value / Share 36.77
ROE % 5.77
ROCE % 7.29
Total Debt to Total Equity 0.01
EBITDA Margin 63.03
Particulars MAR 2025 (Values in Cr)
Cash & Short Term Investments 4508.84
Total Assets 24504.10
Total Liabilities 24504.10
Total Equity 10230.45
Share Outstanding 955843110
Price to Book Ratio 2.06
Return on Assets (%) 3.35
Return on Capital (%) 3.79
Particulars MAR 2024 (Values in Cr)
Cash & Short Term Investments 5443.53
Total Assets 29763.60
Total Liabilities 29763.60
Total Equity 11056.03
Share Outstanding 955592751
Price to Book Ratio 1.73
Return on Assets (%) 1.37
Return on Capital (%) 1.51
Particulars MAR 2023 (Values in Cr)
Cash & Short Term Investments 2391.66
Total Assets 29370.44
Total Liabilities 29370.44
Total Equity 11269.85
Share Outstanding 954055533
Price to Book Ratio 1.46
Return on Assets (%) 2.03
Return on Capital (%) 2.2
Particulars MAR 2022 (Values in Cr)
Cash & Short Term Investments 2559.87
Total Assets 25814.50
Total Liabilities 25814.50
Total Equity 10625.64
Share Outstanding 954055533
Price to Book Ratio 1.73
Return on Assets (%) 2.99
Return on Capital (%) 3.21
Particulars MAR 2021 (Values in Cr)
Cash & Short Term Investments 2074.95
Total Assets 23514.85
Total Liabilities 23514.85
Total Equity 9676.05
Share Outstanding 952722711
Price to Book Ratio 2.30
Return on Assets (%) 2.50
Return on Capital (%) 2.68
Particulars MAR 2025 (Values in Cr)
Cash & Short Term Investments 78.82
Total Assets 4877.81
Total Liabilities 4877.81
Total Equity 4461.45
Share Outstanding 955843110
Price to Book Ratio 2.06
Return on Assets (%) 11.04
Return on Capital (%) 12.08
Particulars MAR 2024 (Values in Cr)
Cash & Short Term Investments 45.18
Total Assets 4452.33
Total Liabilities 4452.33
Total Equity 4109.53
Share Outstanding 955592751
Price to Book Ratio 1.73
Return on Assets (%) 6.95
Return on Capital (%) 7.53
Particulars MAR 2023 (Values in Cr)
Cash & Short Term Investments 60.81
Total Assets 4164.08
Total Liabilities 4164.08
Total Equity 3887.44
Share Outstanding 954055533
Price to Book Ratio 1.46
Return on Assets (%) 6.15
Return on Capital (%) 6.6
Particulars MAR 2022 (Values in Cr)
Cash & Short Term Investments 85.99
Total Assets 4036.63
Total Liabilities 4036.63
Total Equity 3736.51
Share Outstanding 954055533
Price to Book Ratio 1.73
Return on Assets (%) 8.12
Return on Capital (%) 8.77
Particulars MAR 2021 (Values in Cr)
Cash & Short Term Investments 15.14
Total Assets 3790.47
Total Liabilities 3790.47
Total Equity 3502.86
Share Outstanding 952722711
Price to Book Ratio 2.30
Return on Assets (%) 4.62
Return on Capital (%) 5
Particulars MAR 2025 (Values in Cr)
Net Income 996.85
Cash from Operations 5773.57
Cash from Investing -2474.51
Cash from Financing -4785.75
Net change in Cash -1691.58
Free Cash Flow 5807.54
Particulars MAR 2024 (Values in Cr)
Net Income 1200.23
Cash from Operations 4014.83
Cash from Investing -2089.94
Cash from Financing 162.45
Net change in Cash 1707.56
Free Cash Flow 4068.56
Particulars MAR 2023 (Values in Cr)
Net Income 952.61
Cash from Operations -2909.35
Cash from Investing -591.61
Cash from Financing 2159.89
Net change in Cash -738.92
Free Cash Flow -2784.81
Particulars MAR 2022 (Values in Cr)
Net Income 1348.04
Cash from Operations -3482.53
Cash from Investing 2613.92
Cash from Financing 1280.72
Net change in Cash 436.56
Free Cash Flow -3465.50
Particulars MAR 2021 (Values in Cr)
Net Income 1066.85
Cash from Operations 1283.44
Cash from Investing -2248.75
Cash from Financing 1295.95
Net change in Cash 16.48
Free Cash Flow 1289.80
Particulars MAR 2025 (Values in Cr)
Net Income 549.10
Cash from Operations 240.10
Cash from Investing 98.65
Cash from Financing -210.55
Net change in Cash 49.60
Free Cash Flow 244.68
Particulars MAR 2024 (Values in Cr)
Net Income 410.20
Cash from Operations 592.09
Cash from Investing -433.34
Cash from Financing -98.92
Net change in Cash -13.78
Free Cash Flow 593.46
Particulars MAR 2023 (Values in Cr)
Net Income 296.67
Cash from Operations -238.46
Cash from Investing 398.19
Cash from Financing -208.36
Net change in Cash -90.95
Free Cash Flow -235.56
Particulars MAR 2022 (Values in Cr)
Net Income 415.90
Cash from Operations 225.33
Cash from Investing -25.01
Cash from Financing -108.05
Net change in Cash 69.93
Free Cash Flow 227.41
Particulars MAR 2021 (Values in Cr)
Net Income 216.83
Cash from Operations -318.27
Cash from Investing -382.11
Cash from Financing 729.43
Net change in Cash -4.56
Free Cash Flow -317.13
Company Name Price P/E P/B Market Cap 52 Week Low/High
ALFRED HERBERT (INDIA) LTD. 3513.80 25.67 2.21 270.56 1454.20 / 3974.00
BAJAJ HOLDINGS & INVS LTD 14517.85 23.22 2.57 161569.15 9531.40 / 14873.20
TATA INVESTMENT CORP LTD 6891.85 106.54 1.12 34869.52 5147.15 / 8075.90
MAX FINANCIAL SERV LTD 1641.00 207.98 10.73 56633.33 972.55 / 1674.20
Company Name Price P/E P/B Market Cap 52 Week Low/High
ALFRED HERBERT (INDIA) LTD. 3513.80 26.04 2.48 270.56 1454.20 / 3974.00
ARAVALI SECURITIES & FINANCE L 4.36 0.00 -7.12 6.61 3.44 / 7.37
Bagalkot Udyog Ltd 23.90 0.00 -27.43 20.32 0.00 / 0.00
BAJAJ HOLDINGS & INVS LTD 14517.85 110.54 8.34 161569.15 9531.40 / 14873.20

Jm Financial Technicals Summary

  • EMA & SMA
  • Resistance and Support
  • Delivery and Volume
  • Beta
  • Price Change Analysis
188.37 1.10 redarrow
red-green-graph indicator
0 Bearish
16 Bullish
  • 5 Days 178.10
  • 26 Days 165.40
  • 10 Days 171.40
  • 50 Days 157.50
  • 12 Days 170.10
  • 100 Days 143.80
  • 20 Days 167.10
  • 200 Days 131.00
185.99 PIVOT

First Support

182.40

First Resistance

189.49

Second Support

178.90

Second Resistance

193.08

Third Support

175.31

Third Resistance

196.58

RSI

70.61

ADX

34.82

MACD

3.36

Williams % R

-10.25

Commodity Channel Index (CCI)

174.51

Date

2025-08-18

Week

5758889.00

Same Day

3069890.00

Month

2955364.00

1 Year

1.57

3 Year

1.25

Over 1 Month

10.06%

down

Over 1 Year

101.76%

down

Over 3 Months

58.42%

down

Over 3 Years

40.83%

down

Over 6 Months

91.10%

down

Over 5 Years

17.63%

down

Jm Financial shareholding pattern

  • Shareholding Summary

  • Historical Promotor Holding

  • Historical MF Holding

  • Historical FII Holding

Holding

Others
19.27%
Promoter Holdings
56.51%
FII
17.68%
DII
6.52%
Promoter Shares(Pledge Percentage)
0.0%
Name Shares Category
J. M. Financial And Investment Consultancy Services Private Limited 2.333091E8 (24.4%) Shareholding of Promoter and Promoter Group
Nimesh Kampani 1.245E8 (13.02%) Shareholding of Promoter and Promoter Group
J. M. Assets Management Private Limited 1.07957908E8 (11.29%) Shareholding of Promoter and Promoter Group
Aruna Kampani 2.792125E7 (2.92%) Shareholding of Promoter and Promoter Group
Icici Prudential (various Schemes) 2.6864744E7 (2.81%) Public Shareholding
Baron Emerging Markets Fund 2.6414053E7 (2.76%) Public Shareholding
Timf Holdings 2.2560708E7 (2.36%) Public Shareholding
Snk Investments Private Limited 1.776E7 (1.86%) Shareholding of Promoter and Promoter Group
Quant Mutual Fund 1.6714161E7 (1.75%) Public Shareholding
Vishal Kampani 1.3E7 (1.36%) Shareholding of Promoter and Promoter Group
Robeco Capital Growth Funds 1.2458374E7 (1.3%) Public Shareholding
Vikram Shankar Pandit 1.1646939E7 (1.22%) Public Shareholding
Amishi Akash Gambhir 8000000.0 (0.84%) Shareholding of Promoter and Promoter Group
Jsb Securities Limited 3805000.0 (0.4%) Shareholding of Promoter and Promoter Group
Jm Financial Trustee Company Private Limited 1630000.0 (0.17%) Shareholding of Promoter and Promoter Group
Shiv Vishal Kampani 1200000.0 (0.13%) Shareholding of Promoter and Promoter Group
Nimesh Kampani Huf (nimesh Kampani - Karta) 1250000.0 (0.13%) Shareholding of Promoter and Promoter Group

News

Left Arrow
Right Arrow

Jm Financial corporate actions

  • Dividend

  • Bonus

  • Split

Dividend date Dividend amount Dividend type Record date Instrument type
13 Jun 2025 2.7 Final 13 Jun 2025 Equity shares
07 Jun 2024 2.0 Final 10 Jun 2024 Equity shares
19 May 2023 0.9 Final 22 May 2023 Equity shares
24 Nov 2022 0.9 Interim 25 Nov 2022 Equity shares
07 Jul 2022 1.15 Final 11 Jul 2022 Equity shares
17 Feb 2022 0.5 Interim 18 Feb 2022 Equity shares
28 May 2021 0.5 Final 01 Jun 2021 Equity shares
15 May 2020 0.2 Final 19 May 2020 Equity shares
10 May 2019 0.5 Final 14 May 2019 Equity shares
31 Jan 2019 0.5 Interim 02 Feb 2019 Equity shares
10 May 2018 1.1 Final 14 May 2018 Equity shares
31 Jan 2018 0.7 Interim 01 Feb 2018 Equity shares
11 May 2017 0.85 Final 15 May 2017 Equity shares
02 Feb 2017 0.65 Interim 03 Feb 2017 Equity shares
23 May 2016 0.85 Final 25 May 2016 Equity shares
11 Feb 2016 0.6 Interim 13 Feb 2016 Equity shares
08 Jun 2015 0.8 Final 10 Jun 2015 Equity shares
05 Feb 2015 0.55 Interim 07 Feb 2015 Equity shares
25 Jun 2014 0.55 Final 27 Jun 2014 Equity shares
07 Feb 2014 0.45 Interim 10 Feb 2014 Equity shares
22 Jul 2013 0.5 Final 24 Jul 2013 Equity shares
15 Feb 2013 0.4 Interim 19 Feb 2013 Equity shares
20 Jul 2011 0.6 Final 22 Jul 2011 Equity shares
20 Jul 2010 0.25 Final 22 Jul 2010 Equity shares
20 Jul 2010 0.25 Special 22 Jul 2010 Equity shares
01 Sep 2009 0.2 Final 03 Sep 2009 Equity shares
16 Jul 2008 5.0 Final 18 Jul 2008 Equity shares
16 Jul 2008 20.0 Special 18 Jul 2008 Equity shares
28 Aug 2007 5.0 Final 30 Aug 2007 Equity shares
30 Aug 2006 0.0 Final 01 Sep 2006 Equity shares
24 Jun 2005 0.0 Final 28 Jun 2005 Equity shares
Ex-Date Ex-Bonus Ratio
15 Sep 2008 08 Sep 2008 3:2
Ex-Date Old FV NEW FV Record Date
08 Sep 2008 10.0 1.0 15 Sep 2008
  • Dividend

  • Bonus

  • Split

Dividend date Dividend amount Dividend type Record date Instrument type
13 Jun 2025 2.7 Final 13 Jun 2025 Equity shares
07 Jun 2024 2.0 Final 10 Jun 2024 Equity shares
19 May 2023 0.9 Final 22 May 2023 Equity shares
24 Nov 2022 0.9 Interim 25 Nov 2022 Equity shares
07 Jul 2022 1.15 Final 11 Jul 2022 Equity shares
17 Feb 2022 0.5 Interim 18 Feb 2022 Equity shares
28 May 2021 0.5 Final 01 Jun 2021 Equity shares
15 May 2020 0.2 Final 19 May 2020 Equity shares
10 May 2019 0.5 Final 14 May 2019 Equity shares
31 Jan 2019 0.5 Interim 02 Feb 2019 Equity shares
10 May 2018 1.1 Final 14 May 2018 Equity shares
31 Jan 2018 0.7 Interim 01 Feb 2018 Equity shares
11 May 2017 0.85 Final 15 May 2017 Equity shares
02 Feb 2017 0.65 Interim 03 Feb 2017 Equity shares
23 May 2016 0.85 Final 25 May 2016 Equity shares
11 Feb 2016 0.6 Interim 13 Feb 2016 Equity shares
08 Jun 2015 0.8 Final 10 Jun 2015 Equity shares
05 Feb 2015 0.55 Interim 07 Feb 2015 Equity shares
25 Jun 2014 0.55 Final 27 Jun 2014 Equity shares
07 Feb 2014 0.45 Interim 10 Feb 2014 Equity shares
22 Jul 2013 0.5 Final 24 Jul 2013 Equity shares
15 Feb 2013 0.4 Interim 19 Feb 2013 Equity shares
20 Jul 2011 0.6 Final 22 Jul 2011 Equity shares
20 Jul 2010 0.25 Final 22 Jul 2010 Equity shares
20 Jul 2010 0.25 Special 22 Jul 2010 Equity shares
01 Sep 2009 0.2 Final 03 Sep 2009 Equity shares
16 Jul 2008 5.0 Final 18 Jul 2008 Equity shares
16 Jul 2008 20.0 Special 18 Jul 2008 Equity shares
28 Aug 2007 5.0 Final 30 Aug 2007 Equity shares
30 Aug 2006 0.0 Final 01 Sep 2006 Equity shares
24 Jun 2005 0.0 Final 28 Jun 2005 Equity shares
Ex-Date Ex-Bonus Ratio
15 Sep 2008 08 Sep 2008 3:2
Ex-Date Old FV NEW FV Record Date
08 Sep 2008 10.0 1.0 15 Sep 2008

Jm Financial Share Price

JM Financial Limited was incorporated as a Private Limited Company under the name of 'J.M. Share and Stock Brokers Private Limited' on January 30, 1986. Subsequently, the Company became a deemed Public Limited Company upon its promoter, J. M. Financial & Investment Consultancy Services Private Limited on June 15, 1988. On September 15, 2004, the name of the Company was changed to JM Financial Limited.

JM Financial Limited is an integrated and diversified financial services group offering a wide range of capital market services to corporate and individual clients. The Company is engaged in holding company activities, advisors in equity and debt capital markets, management of capital markets transactions, mergers & acquisitions, advisory, private equity syndication, corporate finance advisory business and administration & management of private equity funds.

In December 1997, the Company entered into a Joint Venture agreement with Morgan Stanley.

During the year 2001, the company redeemed last installment of 14% Debenture and also repaid part of its unsecured loans to its promoters with the ultimate objective of bringing down the borrowing and making the company a Zero Debt Company.

J.M. Securities Private Limited got amalgamated with the Company in year 2006. JM Financial had launched a corporate private equity fund in August of the same year 2006 under the name of JM Financial India Fund, with US-based Old Lane Partners, LP, being the lead investor/co-sponsor to the Fund. As of August 2007, the company had launched a unique Portfolio Management Scheme that aims to offer 100% capital protection as well as potential capital appreciation based on the Dynamic Portfolio Insurance (DPI) methodology. As at March of the year 2008, JM Financial had acquired JM Financial ASK Securities Private Limited. The Company has opened a full-fledged branch at Vizag, the Port City of Andhra Pradesh in the month of September of the same year 2008.

On 3 June 2010, Rand Merchant Bank (RMB), a division of FirstRand Limited (FirstRand) and JM Financial Consultants Private Limited agreed to enter into a strategic co-operation to provide M&A advisory services to Indian and African corporates for their activities in the Indo-Africa corridor. JM Financial Consultants Private Limited is the investment banking division of JM Financial Group. The MoU signed between RMB and JM Financial Consultants will enable corporates at both destinations to explore and leverage opportunities in the economies of India and Africa. According to the MoU, JM Financial and RMB will jointly provide M&A advisory services to Indian clients seeking to make investments into entities or transactions in Africa; and South African and African clients seeking to make investments in entities or transactions in India.

On 20 November 2014, JM Financial Limited announced that it has received a significant capital investment of Rs 540 crore from a global fund led by Mr. Vikram Pandit in its real estate lending subsidiary company, FICS Consultancy Services Limited (FICS). JM Financial Limited has provided additional capital of Rs 360 crore to this business bringing the total capital commitment to Rs 900 crore. The additional capital will enhance the real estate lending and financing business of JM Financial.

The Allotment Committee of the Board of Directors of JM Financial Ltd at its meeting held on 11 December 2014 allotted 1.16 crore equity shares of the face value of Rs 1 each to Mr. Vikram Shankar Pandit, a Non Resident Indian upon the exercise of right by him as a warrant holder.

On 17 August 2015, JM Financial Ltd announced that its Wholly Owned Subsidiary (WOS) JM Financial Institutional Securities Limited has entered into a Memorandum of Understanding with Seabury Corporate Finance LLC, a subsidiary of Seabury Group LLC for strategic co-operation to provide Investment Banking advisory services to Indian corporates for their activities in the Aviation, Aerospace, and Defense business. Under the agreement, JM Financial and Seabury will jointly provide investment banking advisory services to each party's clients who may be seeking investment opportunities or may like to identify suitable strategic partnerships for their respective businesses. Both companies will seek to leverage their client relationships, as well as their regional and domestic expertise in a mutually beneficial manner.

On 9 May 2016, JM Financial Products Limited, a subsidiary of JM Financial Ltd, executed the Agreement to acquire securities representing upto 9.84% (on a fully diluted basis) of the total paid up capital of Fairassets Technologies India Private Limited. Fairassets Technologies India Private Limited is engaged in the business of operating a web portal and mobile application by the name of 'Faircent.com' which provides a virtual peer to peer lending marketplace.

On 30 September 2016, JM Financial Limited announced that JM Financial Asset Reconstruction Company Private Limited has become a subsidiary of the company with effect from 30 September 2016. The shareholding of the company in JM Financial Asset Reconstruction Company has increased from 50% to 50.01%.

On 15 November 2016, JM Financial Products Limited, a subsidiary of JM Financial Limited, acquired 19.93 lakh equity shares of India Home Loan Limited (IHL) representing 17.53% of the total paid up equity share capital of IHL through secondary purchase route. On 2 December 2016, JM Financial Products Limited acquired further 15.05 lakh equity shares of India Home Loan Limited (IHL) through preferential allotment route. After the above acquisition, JM Financial Products Limited holds an aggregate of 34.99 lakh equity shares of IHL representing 24.50% of the total post issue paid up equity share capital of IHL. The acquisition as above by JM Financial Products is with the intention to transfer the entire equity stake in IHL (after factoring the carrying cost for the period it remains in the books of JM Financial Products) to a Fund/Trust to be established and managed/sponsored by JM Financial Investment Managers Limited, the asset management company for Alternative Assets business in the JM Financial Group. IHL is engaged in the business of providing home loans to individuals and families in the affordable housing segment. The equity shares of IHL are currently traded on the BSE Limited.

On 30 March 2017, JM Financial Limited announced that its subsidiary company JM Investment Managers Limited has executed the share purchase agreement to acquire equity shares of Spandana Sphoorty Financial Limited (Spandana) through a secondary purchase in two tranches representing 16.26% of its current outstanding total equity shares. On a fully diluted basis, the said acquisition would result in the holding of 6.41% in Spandana post the preferential issue and exercise of the warrants/ESOPs by the promoters/employees of Spandana as per the other agreements executed by Spandana.

The Board of Directors of JM Financial Asset Management Limited, a subsidiary of JM Financial Limited, at its meeting held on 24 April 2017 approved the buy-back of up to 10% of the outstanding equity capital subject to the necessary approvals as may be required.

The Board of Directors of JM Financial Limited at its meeting held on 2 May 2017 accorded its approval to the Composite Scheme of Amalgamation and Arrangement between the company and its Wholly Owned Subsidiaries, viz., JM Financial Institutional Securities Limited and JM Financial Investment Managers Limited. The Scheme, inter alia, comprises the demerger of the Institutional Equities Division of JM Financial Institutional Securities Limited into a new company proposed to be incorporated as part of this arrangement and merger of JM Financial Institutional Securities Limited and JM Financial Investment Managers Limited into the company.

On 7 July 2017, JM Financial Limited announced that JM Financial Asset Management Limited has completed buy back of 9.95% of its outstanding equity capital. Consequent upon the said buy back, the shareholding of JM Financial Limited in JM Financial Asset Management Limited has increased from 53.21% to 59%.

On 18 July 2017, JM Financial Products Limited, a subsidiary of JM Financial Limited, completed the first leg of acquisition of 24.35 lakh equity shares of Spandana Sphoorty Financial Limited (Spandana), representing 8.56% of the current outstanding total equity shares of Spandana. On a fully diluted basis, the said acquisition would result in the holding of 4.71% in Spandana.

On 1 September 2017, JM Financial Products Limited (JM Financial Products), a subsidiary of the JM Financial Limited, executed the agreement(s) to acquire equity shares/compulsorily convertible securities of Vendiman Private Limited (Vendiman) in two tranches. Post conversion, on a fully diluted basis, the said acquisition would result in the holding of upto 41.21%. The proposed acquisition by JM Financial Products is with the intention to transfer the entire equity stake in Vendiman (after factoring the carrying cost for the period it remains with JM Financial Products) to a Fund/Trust that is sponsored/managed by JM Financial Investment Managers Limited, the asset management company for Alternative Assets business in the JM Financial Group. This is subject to receipt of all the required approvals, if and to the extent required.

On 24 November 2017, JM Financial Limited announced that JM Financial Home Loans Limited, a step down subsidiary of the company, has received certificate of registration from National Housing Bank for carrying out housing finance activities. JM Financial Home Loans commenced housing finance business in December 2017 with a focus on affordable housing.

The Committee of the Board of JM Financial Limited at its meeting held on 6 February 2018 approved the allotment of 4.01 crore equity shares to the eligible qualified institutional buyers at the issue price of Rs 162 per equity share, aggregating to Rs 650 crore under the SEBI Regulations and Section 42 of the Companies Act, 2013. Earlier, the company's Board of Directors at its meeting held on 2 February 2018 approved closure of the qualified institutional investors (QIIP) issue on 2 February 2018.

On 14 March 2018, JM Financial Products Limited announced that it has further acquired an aggregate of 7.60 crore equity shares of the face value of Rs 10 each of JM Financial Asset Reconstruction Company Limited, a subsidiary of the company, pursuant to the allotment of 7.40 crore equity shares subscribed by the company on rights basis and 20.41 lakh shares by way of secondary transfer. Consequent to the above acquisition, the shareholding of the company in JM Financial Asset Reconstruction Company Limited has increased from 50.01% to 57.07%.

On 16 April 2018, JM Financial Products Limited, a subsidiary of JM Financial Limited, completed the second leg of acquisition of 8.78 lakh equity shares of Spandana Sphoorty Financial Limited (Spandana). With this acquisition, JM Financial Products' holding is 12.95% of the current outstanding total equity shares of Spandana and 6.47% on a fully diluted basis.

On 25 May 2018, JM Financial announced that its subsidiary company viz., JM Financial Products Limited, has transferred its entire equity and preference shareholding in Vendiman Private Limited to JM Financial India Fund II (a scheme of JM Financial India Trust II, A SEBI registered Category II Alternate Investment Fund). Further, JM Financial Products Limited has transferred 18.37 lakh shares in Spandana Sphoorty Financial Limited (Spandana) to JM Financial India Fund II. With the above transfer and conversion of preference shares by a few shareholders of Spandana, JM Financial Products' holding in Spandana has reduced to 3.75% of its existing outstanding total equity shares and on a fully diluted basis it has reduced to 3.39%.

As on March 31, 2019, the Company had 15 subsidiaries (including step down subsidiaries), a partnership firm and an associate company.

During the FY 2018-19, the Company mobilised more than Rs 4,000 crore in various corporate fixed deposits and bonds and over Rs 1,200 crore in various mutual fund schemes. The Company's online platform saw a major progress this year with EVOLVE Account opening application. During the year 2018-19, online transactions gained momentum with total 14,340 clients doing transactions online. More than 1,040 IFDs are using online facility.During the year 2018-19, the Company carried out debt trading transactions in Government securities and Non SLR securities. It also syndicated loans through its debt syndication team.

During FY 2018-19, the Company successfully launched the public issue of Non-Convertible Debentures for JM Financial Credit Solutions Limited and raised a cumulative amount of Rs 1,014 Crore in two tranches.

During the FY 2018-19, the Company filed a draft shelf prospectus for JM Financial Products Limited. for an amount of upto Rs 2000 crore. The debt public issue was launched in the month of April 2019.

In 2019, the Company acquired 2.18% stake in JM Financial Asset Reconstruction Company Limited (JMFARC).

The Company made an issue of equity shares under the Qualified Institutional Placement (QIP) route on a private placement basis in June 2020. Through the QIP issue, it raised an aggregate of Rs. 770 crore by allotting 11,00,00,000 equity shares of the face value Re. 1 each to Qualified Institutional Buyers at an issue price of Rs. 70/- per equity share (including premium of Rs. 69/- per share) where, the said equity shares got listed on BSE Limited and National Stock Exchange of India Limited.

JM Financial Products Limited raised Rs. 387 crore through a public issue of secured, rated, listed, redeemable, Non-Convertible Debentures in April 2019 (Tranche I). It introduced Elite Wealth Management Group, which commenced operations in October 2019. During FY 2019-20, it progressed in digital transactions and launched new processes like FD Online and IPO Online. The Average Assets Under Management (AAUM) of JM Financial Mutual Fund for FY 2019-20 were ~Rs. 6,495 crore with Equity AAUM ~Rs. 4,146 crore and Debt AAUM ~Rs. 2,349 crore.

In June 2021, JM Financial Private Equity Fund finalised an investment of Rs. 350 million in Walko Food Company Private Limited, a Pune-based consumer packaged food company to fund the Company's current expansion plans. In September 2021, Company announced Tranche - I Public Issue of Rs. 500 crore of Secured, Rated, Listed, Redeemable Non-Convertible Debentures (NCDs) of face value of Rs. 1,000 each. It launched a intuitive digital investment platform, Bondskart, with access to debt securities in November 2021. It led the Equity Capital Markets and executed over 50 transactions by raising funds through initial public offerings, qualified institutions placements, rights issues, liquidity, etc. Over 190 corporate raised about Rs. 2 trillion through equity markets to fund their capital requirements and provide exit to existing shareholders. During December 2021, JM Financial India Growth Fund III completed its first closing. As on March 31, 2022, Fund III has finalised three investments, API Holdings Private Limited, Aarman Solutions Private Limited, and BigHaat Agro Private Limited.

The Company launched the JM Financial Credit Opportunities Fund - I in June, 2023. Pursuant to the Scheme of Arrangement, the Private Wealth and Portfolio Management Services (PMS) divisions have been demerged from JM Financial Services Limited, a wholly owned subsidiary and have become part of the Company in FY 2023-24. Resulting the demerger, JM Financial Capital Limited has ceased to be a step-down subsidiary of the Company with JM Financial Services Limited, JM Financial Institutional Securities Limited became a direct wholly owned subsidiary of the Company and the Private Wealth and PMS divisions became a part of the Company from April 1, 2023.

The Company's shareholding in JM Financial Asset Reconstruction Company Limited (JMFARC) increased from 53.62% to 71.79% in FY 2025. Similarly, the Company's shareholding in JM Financial Credit Solutions Limited (JMFCSL) increased from 46.68% to 97.02% in FY 2025. During FY 2025, the consolidated Profit after tax for the Company more than doubled from Rs 410 crore in FY24 to Rs 821 crore in FY25. In the Home Loans, the revenue surged 43% to Rs 369 crore, with PAT increasing 49% to Rs 59 crore. Asset Management AUM doubled to Rs 13,419 crore, generating 49% higher revenue of Rs 43 crore. As of March 31, 2025, Assets Under Management (AUM) (excluding custody assets) stood at Rs 75,804 Crore, up 11% YoY from Rs 68,105 Crore in FY24

In March 2025, the Private Wealth business of the Company was sold/transferred to JM Financial Services Limited (JMFSL), a wholly owned subsidiary of the Company, through a Business Transfer Agreement on a going concern basis via slump sale, effective from April 1, 2025.

Parent organization J M Financial Group
NSE symbol JMFINANCIL
Founded 1986
stock

Trade stocks with ease

Sign-in to trade with your demat account, or set up a new demat account for free

Board Of Directors

Left Arrow
Right Arrow

Similar stocks

Left Arrow
Right Arrow

Frequently Asked Questions

What is the Current Share Price of JM Financial Ltd?

Answer Field

JM Financial Ltd share price is for NSE ₹ 188.37 & for BSE ₹ 188.30 as on Aug 19 2025 03:30 PM.

What is the Market Cap of JM Financial Ltd Share?

Answer Field

The market cap of JM Financial Ltd for NSE ₹ 18,005.22 & for BSE ₹ 17,998.53 as on Aug 19 2025 03:30 PM.

What is the 52 Week High and Low of JM Financial Ltd?

Answer Field

The 52 Week High and Low of JM Financial Ltd for NSE is ₹ 191.70 and ₹ 80.20 and for BSE is ₹ 192.75 and ₹ 78.00.

What is 1 year return for JM Financial Ltd?

Answer Field

The 1 year returns on the stock has been 101.76%.

What is the P/E Ratio of JM Financial Ltd Share?

Answer Field

As on Aug 19 2025 03:30 PM the price-to-earnings (PE) ratio for JM Financial Ltd share is 28.23.

What is the PB ratio of JM Financial Ltd Share?

Answer Field

As on Aug 19 2025 03:30 PM, the price-to-book (PB) ratio for JM Financial Ltd share is 46.66.

How to Buy JM Financial Ltd Share?

Answer Field

You can trade in JM Financial Ltd shares with Bajaj Broking by opening a demat account.

How to Buy JM Financial Ltd Share on Bajaj Broking App?

Answer Field

To buy JM Financial Ltd shares on the Bajaj Broking app, follow these steps:

• Login to the Bajaj Broking App

• Click on the Search Icon

• Search “JM Financial Ltd”

• Click on the BUY icon

• Place a buy order specifying the desired quantity of shares.

• Click BUY again to complete the purchase

No results found

banner-icon

Open Your Free Demat Account

Enjoy low brokerage on delivery trades

+91

|

Please Enter Mobile Number

Open Your Free Demat Account

Enjoy low brokerage on delivery trades

+91

|