Jio Financial Services Limited Share Price & Analysis
Price Chart
Fundamentals
Strengths
- ✓Low debt relative to equity (D/E 0.2x)
- ✓Near 52-week low — potential value zone (₹223)
Concerns
- ✗Low capital efficiency (ROCE 1.9%)
- ✗Premium to sector peers (P/E 102x vs industry 35.7x)
Peer Comparison
| Company | CMP | Mkt Cap | P/E | P/B | ROE % | ROCE % | D/E |
|---|---|---|---|---|---|---|---|
| HDFCBANK HDFC Bank Limited | ₹748 | ₹11.5L Cr | 15.2 | 1.98 | 13.8 | 7.04 | — |
| SBIN State Bank of India | ₹977 | ₹8.8L Cr | 10.6 | 1.51 | 15.4 | 6.13 | — |
| ICICIBANK ICICI Bank Limited | ₹1,261 | ₹8.8L Cr | 16.2 | 2.51 | 16.1 | 7.2 | — |
| BAJFINANCE Bajaj Finance Limited | ₹890 | ₹5.5L Cr | 28.6 | 4.86 | 18.2 | 10.8 | — |
| LICI Life Insurance Corporation Of India | ₹400 | ₹5.1L Cr | 8.83 | 2.86 | 37.8 | 35.1 | 0 |
| AXISBANK Axis Bank Limited | ₹1,273 | ₹3.9L Cr | 14.8 | 1.85 | 13.2 | 6.24 | — |
| KOTAKBANK Kotak Mahindra Bank Limited | ₹377 | ₹3.8L Cr | 19.8 | 2.07 | 11.2 | 6.93 | — |
Showing 7 peers in the same sector · Sorted by market cap
Shareholding Pattern
JIOFIN · as of Apr 2026
| Category | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Apr 2026 |
|---|---|---|---|---|---|---|
| Promoters | 47.12% | 47.12% | 47.12% | 47.12% | 47.12% | 47.12% |
| FII | 19.45% | 17.55% | 16.88% | 15.62% | 11.66% | 12.30% |
| DII | 12.50% | 11.79% | 11.39% | 12.46% | 14.21% | 14.68% |
| Public | 20.77% | 23.39% | 24.46% | 24.61% | 26.83% | 25.70% |
| Govt | 0.14% | 0.15% | 0.15% | 0.17% | 0.17% | 0.18% |
Corporate Events
Dividend - Re 0.50 Per Share
Latest News
All news →Jio Financial and Allianz launch India general insurance JV
*Jio Financial and Allianz incorporate India general insurance joint venture.* The new entity aims to tap into India’s growing non-life insurance market. Regulatory approvals have been secured, with operations expected to begin shortly. 📊 *STOCKS:* JIOFIN | 🏢 *SECTOR:* Corporate | #MEDIUMIMPACT #JointVenture
Jio Financial, Allianz launch ₹4.95 crore insurance JV
*Jio Financial, Allianz launch ₹4.95 crore insurance JV*. Jio Financial Services and Allianz have formed a joint venture to enter India's growing insurance sector. The partnership combines Jio’s digital reach with Allianz’s global expertise. Initial capital commitment stands at **₹4.95 crore**, signaling long-term ambitions in financial services. 📊 *STOCKS:* JIOFIN | 🏢 *SECTOR:* Corporate | #MEDIUMIMPACT #JointVenture
Jio Financial and Allianz Group form JV
*Jio Financial and Allianz Group form JV* to enter the insurance sector. The partnership leverages Jio’s digital reach and Allianz’s global expertise. Formal approvals and capital structure details await disclosure. 📊 *STOCKS:* JIOFIN | 🏢 *SECTOR:* Financial Services | #MEDIUMIMPACT #JV
Jio Financial Services forms general insurance JV with Allianz Europe
*Jio Financial Services forms general insurance JV with Allianz Europe.* The partnership marks a strategic entry into the general insurance space. Details of capital commitment or equity share were not disclosed. This move expands Jio's footprint in the financial services ecosystem. 📊 *STOCKS:* JIOFIN | 🏢 *SECTOR:* CapitalMarkets | #MEDIUMIMPACT #JointVenture
Financials
Quarterly Results
| Metric | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | ₹1.0K Cr ▲13.1% | ₹901 Cr ▼8.2% | ₹981 Cr ▲60.3% | ₹612 Cr ▲24.1% | ₹493 Cr ▲12.6% | ₹438 Cr ▼36.9% | ₹694 Cr ▲66.0% | ₹418 Cr |
| Op. Profit | ₹605 Cr ▲9.0% | ₹555 Cr ▼19.3% | ₹688 Cr ▲50.5% | ₹457 Cr ▲35.2% | ₹338 Cr ▲8.0% | ₹313 Cr ▼43.4% | ₹553 Cr ▲60.8% | ₹344 Cr |
| OPM | 59.0% ▼4.8% | 62.0% ▼11.4% | 70.0% ▼6.7% | 75.0% ▲8.7% | 69.0% ▼2.8% | 71.0% ▼11.3% | 80.0% ▼2.4% | 82.0% |
| Net Profit | ₹272 Cr ▲1.1% | ₹269 Cr ▼61.3% | ₹695 Cr ▲113.8% | ₹325 Cr ▲2.8% | ₹316 Cr ▲7.1% | ₹295 Cr ▼57.2% | ₹689 Cr ▲120.1% | ₹313 Cr |
| EPS (₹) | 0.43 ▲2.4% | 0.42 ▼61.5% | 1.09 ▲113.7% | 0.51 ▲2.0% | 0.5 ▲8.7% | 0.46 ▼57.4% | 1.08 ▲120.4% | 0.49 |
Values in ₹ Cr · Source: Screener.in
Annual Profit & Loss
| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 |
|---|---|---|---|---|
| Revenue | ₹3.5K Cr ▲72.0% | ₹2.0K Cr ▲10.1% | ₹1.9K Cr ▲4022.2% | ₹45 Cr |
| Expenses | ₹1.2K Cr ▲144.0% | ₹495 Cr ▲67.2% | ₹296 Cr ▲4833.3% | ₹6 Cr |
| Op. Profit | ₹2.3K Cr ▲48.8% | ₹1.5K Cr ▼0.6% | ₹1.6K Cr ▲3897.4% | ₹39 Cr |
| OPM | 66.0% ▼13.2% | 76.0% ▼9.5% | 84.0% ▼4.5% | 88.0% |
| Other Income | ₹381 Cr ▼11.0% | ₹428 Cr ▼0.2% | ₹429 Cr ▲4190.0% | ₹10 Cr |
| Interest | ₹745 Cr ▲9212.5% | ₹8 Cr ▼20.0% | ₹10 Cr | ₹0 Cr |
| Depreciation | ₹29 Cr ▲26.1% | ₹23 Cr ▲4.5% | ₹22 Cr | ₹0 Cr |
| PBT | ₹1.9K Cr ▼1.8% | ₹1.9K Cr ▼0.5% | ₹2.0K Cr ▲3891.8% | ₹49 Cr |
| Tax % | 18.0% ▲5.9% | 17.0% ▼5.6% | 18.0% ▼51.4% | 37.0% |
| Net Profit | ₹1.6K Cr ▼3.2% | ₹1.6K Cr ▲0.5% | ₹1.6K Cr ▲5077.4% | ₹31 Cr |
| EPS (₹) | 2.46 ▼3.1% | 2.54 ▲0.4% | 2.53 | — |
| Div Payout | 24.0% ▲20.0% | 20.0% | 0.0% | 0.0% |
Values in ₹ Cr · Source: Screener.in
Balance Sheet
| Item | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 |
|---|---|---|---|---|
| Liabilities | ||||
| Equity Capital | ₹6.4K Cr ▲0.0% | ₹6.4K Cr ▲0.0% | ₹6.4K Cr ▲317550.0% | ₹2 Cr |
| Reserves | ₹1.3L Cr ▲8.8% | ₹1.2L Cr ▼11.8% | ₹1.3L Cr ▲16.4% | ₹1.1L Cr |
| Borrowings | ₹21.8K Cr ▲448.3% | ₹4.0K Cr | ₹0 Cr ▼100.0% | ₹743 Cr |
| Other Liabilities | ₹7.9K Cr ▲30.5% | ₹6.0K Cr ▲5.6% | ₹5.7K Cr ▲8559.1% | ₹66 Cr |
| Total Liabilities | ₹1.6L Cr ▲22.5% | ₹1.3L Cr ▼7.8% | ₹1.4L Cr ▲26.0% | ₹1.1L Cr |
| Assets | ||||
| Fixed Assets | ₹418 Cr ▲132.2% | ₹180 Cr ▲4.7% | ₹172 Cr ▲8.9% | ₹158 Cr |
| CWIP | ₹13 Cr ▼7.1% | ₹14 Cr ▲366.7% | ₹3 Cr ▼92.1% | ₹38 Cr |
| Investments | ₹1.3L Cr ▲11.9% | ₹1.2L Cr ▼10.8% | ₹1.3L Cr ▲23.3% | ₹1.1L Cr |
| Other Assets | ₹30.0K Cr ▲108.2% | ₹14.4K Cr ▲26.3% | ₹11.4K Cr ▲72.8% | ₹6.6K Cr |
| Total Assets | ₹1.6L Cr ▲22.5% | ₹1.3L Cr ▼7.8% | ₹1.4L Cr ▲26.0% | ₹1.1L Cr |
Values in ₹ Cr · Source: Screener.in
Cash Flow Statement
| Item | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 |
|---|---|---|---|---|
| Operating CF | ₹-15.4K Cr ▼53.1% | ₹-10.1K Cr ▼1387.2% | ₹-678 Cr ▼133.0% | ₹2.1K Cr |
| Investing CF | ₹-5.7K Cr ▼188.9% | ₹6.4K Cr ▲344.6% | ₹1.4K Cr ▲229.8% | ₹-1.1K Cr |
| Financing CF | ₹21.5K Cr ▲441.5% | ₹4.0K Cr ▲626.2% | ₹-753 Cr ▲15.3% | ₹-889 Cr |
| Net Cash Flow | ₹318 Cr ▲11.6% | ₹285 Cr ▲2490.9% | ₹11 Cr ▼80.4% | ₹56 Cr |
| Free Cash Flow | ₹-15.5K Cr ▼53.5% | ₹-10.1K Cr ▼1393.4% | ₹-678 Cr ▼133.0% | ₹2.1K Cr |
Values in ₹ Cr · Source: Screener.in
Key Ratios History
| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 |
|---|---|---|---|---|
| Debtor Days | 6d ▲100.0% | 3d ▲0.0% | 3d ▼97.3% | 113d |
| Inventory Days | — | — | — | — |
| Days Payable | — | — | — | — |
| Cash Conv. Cycle | 6d ▲100.0% | 3d ▲0.0% | 3d ▼97.3% | 113d |
| Working Capital Days | 14113d ▲38243.2% | -37d ▼276.2% | 21d ▼99.4% | 3644d |
| ROCE | 2.0% ▲100.0% | 1.0% ▼50.0% | 2.0% | — |
Source: Screener.in · Lower days = better efficiency
Deep Dive Analysis
About Jio Financial Services Limited
JFSL was originally incorporated as Reliance Strategic Investments Private Limited in July, 1999 under the Companies Act 1956. Jio Financial Services Limited was incorporated in July, 23. JFSL is a NBFC-ND-SI registered with RBI. The company is a holding company and will operate its financial services business through its consumer-facing subsidiaries namely Jio Finance Limited (JFL), Jio Insurance Broking Limited (JIBL), and Jio Payment Solutions Limited (JPSL) and joint venture namely Jio Payments Bank Limited (JPBL).[1]
Financial Services · Finance