| Margins | Consolidated ROE at 10.9%; Affordable Home Loans ROA at 2.3%. |
|---|---|
| Order book | 60 filed IPO transactions aggregating ~Rs. 1,50,000 crore. |
| Demand visibility | Strong IPO and M&A pipeline stated. |
Growth
PAT (ex-provisions) grew 24% YoY to Rs. 379 Cr. Affordable Home Loans AUM increased 28% YoY to Rs. 3,715 Cr.
Outlook
Targeting IPO pipeline of ~Rs. 1,50,000 crore. Scaling Affordable Home Loans and diversifying Wealth Management into manufacturing products.
Risks
Decline in Corporate Advisory revenue (-35.9% YoY) and planned reduction in Private Markets loan book in FY25-FY26.
Last quarter's promises, checked
Delivered
- Guided recovery INR 250-300 Cr in Private Markets FY26 → delivered >INR 270 Cr (= BEAT)
- Guided Affordable Home Loan AUM growth 25% → delivered 28% YoY (= BEAT)
- Guided IPO pipeline ~INR 1,40,000 Cr → delivered ~INR 1,50,000 Cr (= BEAT)
Partly delivered
- Guided Private Markets loan book growth 15-20% (Target ~INR 5,000 Cr) → delivered INR 3,715 Cr AUM (Partial as book is still being reduced) (= PARTIAL)
Missed
- Guided 15% revenue growth → delivered 13% YoY (= MISS)
Investor Presentation filed with BSE, NSE: JMFINANCIL. Summary written with AI assistance from the document.
JM Financial Ltd: key numbers
- Share price
- ₹124.13
- Market cap
- ₹11,879 Cr
- Revenue (annual)
- ₹4,091 Cr
- Net profit (annual)
- ₹1,202 Cr
- P/E (TTM)
- 11.4×Sector 22.8×
- Promoter holding
- 57.03%-0.04% QoQ
- FII holding
- 16.95%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from JM Financial Ltd
All →JM Financial Employee Stock Options
JM Financial Limited allotted 45,000 equity shares following the exercise of stock options under its ESOS scheme. This increases the company's paid-up share capital to 95.70 Crore shares.
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JM Financial Limited announced the dissolution of its foreign subsidiary, JM Financial Private Wealth, Inc., incorporated in Delaware, USA, following necessary legal processes.
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JM Financial Limited received an ESG score of 76 and a Leader rating from NSE Sustainability Ratings & Analytics Limited. This unsolicited rating is based on public domain data for FY2025-26.
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JM Financial Annual General Meeting
JM Financial Limited held its 41st Annual General Meeting on August 3, 2026. The meeting covered adoption of financial statements, dividend declaration, and director appointments.