JM Financial Ltd Stock Price Today (NSE: JMFINANCIL)

JM Financial Ltd

JMFINANCILHolding Company
129.16+10.41 (+8.77%)
Market Closed

Fundamental Score

...

JM Financial Ltd Share Price — Live NSE/BSE Price, Fundamentals & Analysis

JM Financial Ltd share price today is 129.16, up +8.77% on NSE/BSE as of 18 June 2026. JM Financial Ltd (JMFINANCIL) is a Mid-cap company in the Holding Company sector with a market capitalisation of 14.78K (Cr). The 52-week high for JMFINANCIL share price is 199.80 and the 52-week low is 112.00. At a P/E ratio of 12.94x, JMFINANCIL is currently trading below its industry average P/E of 20.02x. The company has a Return on Equity (ROE) of 9.01% and a debt-to-equity ratio of 1.10.

JM Financial Ltd Share Price Chart — NSE/BSE Historical Performance

No data
High
147.20
Low
125.74
Volume
19.2L
Change
-6.66%

JM Financial Ltd share price chart: -6.66% return over the past month. 52-week high ₹199.80, 52-week low ₹112.00.

JM Financial Ltd — Last 10 Trading Days

DateOpenHighLowCloseVolume
117.97130.90114.50129.16185.95L (Cr)
125.01127.74117.40118.7593.71L (Cr)
132.15133.90129.00130.3623.77L (Cr)
131.50131.50131.50131.500.00 (Cr)
133.70134.10131.15131.5012.68L (Cr)
133.00136.90132.05132.5122.38L (Cr)
130.00133.15129.45132.3519.65L (Cr)
130.28130.28127.78128.9812.48L (Cr)
129.70131.98128.42129.6516.51L (Cr)
127.97128.88125.74128.1021.13L (Cr)

JM Financial Ltd — Last 12 Months Price History

MonthOpenHighLowCloseChange
125.01130.90114.50129.16+3.32%
139.07147.20125.74130.36-6.26%
118.65143.82115.40139.07+17.21%
125.00129.00112.00113.61-9.11%
121.63144.90116.39127.74+5.02%
150.59150.66124.99128.95-14.37%
146.50159.73134.20150.10+2.46%
164.02168.40136.60145.35-11.38%
160.50182.50158.00164.02+2.19%
178.50195.60157.63159.70-10.53%
157.80199.80149.90177.48+12.47%
159.34181.40154.91157.83-0.95%

AI Research Briefing

Powered by Gemini · 2026-04-10

JM Financial is a leveraged bet on Indian capital markets growth, overshadowed by regulatory risk.

Research Confidence
6.0/10Moderate
COMPOUNDERConsolidation. 1M: -5.76%, 3M: -15.65%, 6M: 18.07%.Fair. P/E of 12.94x vs Industry P/E of 20.02x.

WHAT'S HAPPENING NOW (last 2-4 weeks)

JM Financial received an ESG rating of 73 under the Leader Category from NSE Sustainability Ratings for FY25. The company subscribed to 24,25,000 ordinary shares of USD 1 each of JM Financial Overseas Holdings Private Limited, a wholly owned subsidiary, for a total consideration of Crore. The trading window for equity shares closed on April 1, 2026, ahead of the release of audited financial results for the fiscal year ending March 31, 2026.

CORE STORY (THE REAL GAME)

JM Financial is being priced as a diversified financial services play, riding on India's growing capital markets and wealth management industry. The market is betting on continued growth in their investment banking, mortgage lending, and asset management segments.

Why Now
  • Strong growth in investment banking activity
  • Expansion in the affordable housing loan segment
  • Growth in wealth management AUM
Potential Catalysts
  • Positive regulatory developments
  • Significant deal wins in investment banking
  • Faster-than-expected growth in AUM
Key Risks
  • Regulatory risk from past RBI actions
  • High Debt/Equity ratio
  • Micro/SME cap - liquidity risk
Institutional Activity

FII holdings decreased from 18.38% to 17.71% in Dec 2025. DII holdings decreased by 0.92%. Promoter holding increased slightly by 0.09%.

Macro Context

India's dynamic business environment is fueling interest in holding companies.

Order Book / Expansion

JM Financial subscribed to 24,25,000 ordinary shares of USD 1 each of JM Financial Overseas Holdings Private Limited for ₹33.70 Crore.

Cash Flow Quality

Yes. Free Cash Flow 5Y: ₹4430.46 Cr.

3–6 Month Outlook

Expect moderate growth in the next 3-6 months, driven by capital market activity. Monitor regulatory developments closely.

Primary Thesis Risk

Adverse regulatory action can cripple the business.

For educational purposes only. Not investment advice. Consult a SEBI-registered advisor before investing.

Returns & Performance

Poor

Return on Equity (ROE)

9.01%

Profit generated per ₹1 of shareholder equity

Poor

Return on Capital (ROCE)

9.39%

Returns generated on total capital deployed

Excellent

Oper. Profit Margin (5Y Avg)

60.98%

Average operating profit margin over 5 years

Good

Dividend Yield

1.75%

Annual dividend as % of current share price

JM Financial Ltd Valuation Check

Excellent

Price to Earnings (P/E)

12.94x

Share price ÷ earnings per share. Lower = cheaper

Poor

Industry Avg P/E

20.02x

Average P/E of all peers in this sector

Market-cap Classification
Mid-cap
Balance of growth potential and stability.

Shareholding Pattern

Excellent

Promoter Holding

56.60%

% shares held by company founders/management

Good

FII Holding

18.38%

% shares held by foreign institutional investors

Average

DII Holding

5.61%

% held by domestic mutual funds, LIC, banks

Excellent

Promoter Pledged %

0.00%

% of promoter shares pledged as collateral — lower is safer

Growth Engine

Average

Profit Growth (Quarterly YoY)

16.30%

Net profit growth vs same quarter last year

Poor

Revenue Growth (Quarterly YoY)

-13.37%

Revenue growth vs same quarter last year

Poor

Revenue Growth (5-Year CAGR)

5.06%

Compounded annual revenue growth over 5 years

Poor

EPS Growth (5-Year CAGR)

5.80%

Earnings per share growth over 5 years

Poor

Net Profit Growth (5-Year CAGR)

8.53%

Compounded annual net profit growth over 5 years

Balance Sheet Health

Poor

Debt to Equity Ratio

1.10x

Total debt ÷ equity. Below 0.5 = financially healthy

Poor

Interest Coverage Ratio

2.40x

EBIT ÷ interest expense. Above 2.5 = can pay interest comfortably

Free Cash Flow (5-Year Total)

4.43K (Cr)

Cash left after capex over 5 years. Positive = self-funded growth

Labels (e.g., "Excellent", "Good") are peer-based vs industry/sector averages — data-only, not advice

JM Financial Ltd Fundamental Analysis & Valuation Benchmarking

Educational evaluation of JMFINANCIL across key market metrics for learning purposes.

Positive Indicators

5 factors identified

Strong Operating Margins (60.98%)

Observation: Healthy 5-year operating margins indicate pricing power and cost control.

Analysis: OPM >15% suggests operational efficiency and competitive advantages.

Attractive Valuation (P/E: 12.94 vs Industry: 20.02)

Observation: Trading at discount to industry peers.

Analysis: P/E below industry average may present value opportunity.

Strong Cash Generation (₹4430.46 Cr over 5Y)

Observation: Healthy free cash flow generation supports growth and returns.

Analysis: Strong FCF provides flexibility for dividends, debt reduction, and growth investments.

Balanced Promoter Holding (56.60%)

Observation: Optimal balance between promoter control and public float.

Analysis: Promoter holding in 50-75% range provides management alignment.

Zero Share Pledging Risk

Observation: No promoter shares pledged as collateral.

Analysis: Absence of share pledging eliminates potential forced-selling pressure.

Risk Factors

5 factors identified

Below-Average Return on Equity (9.01%)

Observation: Returns on equity are below industry benchmarks.

Analysis: ROE <10% may indicate inefficient capital utilization. Consider monitoring for operational improvements and management effectiveness.

Suboptimal ROCE (9.39%)

Observation: Returns on capital employed are below expectations.

Analysis: ROCE <10% suggests potential inefficiencies in capital allocation.

Revenue Contraction (-13.37%)

Observation: Sales decline may indicate market challenges or competitive pressures.

Analysis: Negative revenue growth requires analysis of market conditions.

Elevated Debt Levels (D/E: 1.10)

Observation: High leverage increases financial risk and interest burden.

Analysis: High debt-to-equity ratios require monitoring of debt servicing capability.

Weak Interest Coverage (2.40x)

Observation: Limited ability to service debt obligations from earnings.

Analysis: Low interest coverage raises concerns about financial stability.

JM Financial Ltd vs Holding Company Peers

Peer Comparison - Holding Company

Compare JM Financial Ltd with 10 other companies in the same sector

11 companies
Company Info
Fundamental
Valuation
Profitability
Financial Health
Growth
Dividend
Company
Company name
Score
Bull Run comprehensive fundamental score based on 20+ metrics
Price
Current trading price of the stock
Market Cap
Total value of all shares in the market
P/E
Price per share divided by earnings per share
ROE
Net income divided by shareholder equity
ROCE
Earnings before interest and tax divided by capital employed
Debt/Eq
Total debt divided by total equity
Profit 5Y
Average annual profit growth over 5 years
Sales 5Y
Average annual sales growth over 5 years
Dividend
Annual dividend per share divided by price per share
39.3/100
129
₹14783.04
12.9
Average
9.01%
Poor
9.39%
Poor
1.1
Average
8.53%
Good
5.06%
Good
1.75%
48.7/100
1809
₹332577.17
34.4
Average
13.39%
Average
11.03%
Average
5.1
Poor
21.40%
Excellent
19.75%
Excellent
0.05%
66.8/100
10556
₹126156.61
17.8
Average
11.01%
Average
9.82%
Poor
0.0
Excellent
16.57%
Excellent
11.17%
Good
0.82%
48.5/100
686
₹16573.47
91.4
Average
19.61%
Good
19.95%
Good
0.4
Excellent
67.20%
Excellent
47.45%
Excellent
0.00%
30/100
109
₹10809.81
25.4
Average
8.68%
Poor
13.27%
Average
4.4
Poor
17.03%
Excellent
-0.21%
Poor
1.31%
51.3/100
2562
₹9085.32
11.1
Average
9.11%
Poor
11.75%
Average
0.6
Good
3.78%
Average
15.32%
Excellent
1.19%
29.3/100
4409
₹5749.33
198.5
Average
0.64%
Poor
1.75%
Poor
0.1
Excellent
-10.86%
Poor
19.39%
Excellent
0.29%
51.7/100
1486
₹1984.36
26.9
Average
8.02%
Poor
9.64%
Poor
0.9
Good
35.03%
Excellent
15.23%
Excellent
2.73%
45.1/100
400
₹1648.36
20.1
Average
3.39%
Poor
4.62%
Poor
0.0
Excellent
8.69%
Good
23.19%
Excellent
0.00%
9.9/100
157
₹1032.09
-30.05%
Poor
-23.63%
Poor
0.4
Excellent
-5.08%
Poor
0.00%
43.5/100
201
₹1020.23
8.3
Average
10.17%
Average
9.71%
Poor
0.6
Good
23.92%
Excellent
3.44%
Average
0.00%

JM Financial Ltd PE Ratio History

Historical price-to-earnings ratio for JMFINANCIL — last 5 years

YearEPS (₹)Price (₹)P/E Ratio
FY 20258.58₹150.1017.5x
FY 20244.29₹130.0030.3x
FY 20236.25₹98.3015.7x
FY 20228.09₹71.508.8x

P/E = year-end price ÷ diluted EPS from annual filings. Source: NSE/BSE via Bull Run.

JM Financial Ltd Dividend History

Annual cash dividends paid by JMFINANCIL — dividend yield 1.75%

Financial YearDividends Paid (₹ Cr)
FY 2025196.08 Cr
FY 202486.94 Cr
FY 2023196.38 Cr
FY 202295.97 Cr

Cash dividends from annual cash flow statements. Past dividends do not guarantee future payments. Not investment advice.

JM Financial Ltd Quarterly Performance

Latest quarterly metrics for JMFINANCIL — revenue growth and profit growth vs same quarter last year

Revenue Growth (YoY)

-13.37%

Latest quarter vs same quarter previous year

Net Profit Growth (YoY)

16.30%

Latest quarter net profit vs same quarter previous year

5-Year Revenue CAGR

5.06%

Compounded annual revenue growth over 5 years

5-Year Profit CAGR

8.53%

Compounded annual net profit growth over 5 years

JM Financial Ltd Technical Indicators

SMA 50, SMA 200, RSI and volume signals for JMFINANCIL — calculated from daily price history

33RSI 14
Neutral — RSI 33

Momentum is balanced — neither overbought nor oversold.

SMA 50
131
▼ Price below SMA 50 — Short-term bearish
SMA 200
148
▼ Price below SMA 200 — Long-term downtrend
30-Day Avg Volume
2248K shares/day
Average daily traded volume over last 30 trading sessions

Technical indicators are for educational purposes only. Not investment advice.

JM Financial Ltd Financial Statements

Annual income statement, balance sheet and cash flow for JM Financial Ltd (JMFINANCIL) — sourced from NSE/BSE filings.

Loading Financial Statements...

Fetching financial data for JM Financial Ltd

About JMFINANCIL (JM Financial Ltd)

JM Financial Ltd is a prominent holding company orchestrating a suite of financial services. JM Financial strategically manages its diverse subsidiaries, directing their operations... across various market segments. The company essentially serves as the central command, guiding its arms in delivering specialized financial solutions. It is a structured organisation with various divisions working together and supporting and developing to achieve the overall companies goals. The company’s influence extends into various sectors, from providing critical capital market guidance through its Investment Bank division to offering tailored lending solutions via Mortgage Lending. Furthermore, the company navigates the complexities of distressed assets through its Alternative & Distressed Credit division, while simultaneously cultivating wealth and managing assets under the Platform AWS. Each division contributes to the comprehensive services offered by JM Financial, demonstrating the company’s far-reaching market presence and knowledge. JM Financial operates as a central hub, integrating the capabilities of its subsidiaries to serve a diverse clientele. From corporations seeking capital market expertise to individuals seeking wealth management and retail customers. The group delivers expert knowledge across its subsidiaries. The holding company’s structure enables it to efficiently manage resources, leverage expertise, and capitalize on opportunities, solidifying its position as a notable player in the financial services landscape.

Company Details

Symbol:JMFINANCIL
Industry:Holding Company
Sector:Holding Company

Key Leadership

Mr. Vishal Nimesh Kampani
MD & Vice Chairman
Mr. Adi Patel
MD & Additional Director
Mr. Nishit Shah
MD & CFO

Corporate Events

Recent
Ex-Dividend Date

JMFINANCIL Share Price: Frequently Asked Questions

What is the current share price of JM Financial Ltd?

JM Financial Ltd (JMFINANCIL) trades at ₹129.16 on NSE and BSE. Market cap ₹14.78K (Cr). Educational data only.

What is the P/E ratio of JM Financial Ltd?

JM Financial Ltd has a P/E of 12.94x vs industry average 20.02x.

What is the Bull Run score for JM Financial Ltd?

JM Financial Ltd has a Bull Run score of 39.3/100 based on 25+ financial parameters.

Does JM Financial Ltd pay dividends?

JM Financial Ltd has a dividend yield of 1.75%. Past dividends don't guarantee future payments.

What is the ROE of JM Financial Ltd?

JM Financial Ltd has ROE of 9.01%. Higher ROE indicates better use of shareholder equity.

What is the debt-to-equity ratio of JM Financial Ltd?

JM Financial Ltd has debt-to-equity of 1.10.

Is JM Financial Ltd a good investment?

Bull Run gives JM Financial Ltd a score of 39.3/100. This is not investment advice — consult a SEBI-registered advisor.