Jio Financial Services Limited
Jio Financial Services Limited, through its subsidiaries, engages in the business of investing and financing, insurance broking, payment bank and payment aggregator, and payment gateway services in India. The company provides loans, savings accounts, recharges, digital insurance, financial tracking, management tools, digital banking, unified payments interface transactions, bill payments, and insurance advisory; and asset and wealth management, and broking services, as well as operating lease solutions to consumers and businesses through a Device-as-a-Service model. It also provides insurance broking services, such as car, bike, health, term, investment, SMEs, MSMEs, property, cyber risk, commercial lines, corporate, and education. In addition, it offers digital banking services, including zero balance, savings, salary, wallet, and online and offline payment solutions; debit cards; payment systems, including aadhaar enabled payment and domestic money transfer; digital payment solutions. Further, it provides home loan; home loan against balance transfer; loan against property, mutual funds, and shares; solar financing; corporate loans and lease; and distribution of life, non-life, and health insurance products. The company was formerly known as Reliance Strategic Investments Limited and changed its name to Jio Financial Services Limited in July 2023. Jio Financial Services Limited was incorporated in 1999 and is based in Mumbai, India.
Valuation
Profitability
Returns
Solvency
AI Summary
Indian StockStrengths1
- Operating margin of 85.3% exceeds Financial Services median (59.5%)
Concerns1
- Low return on equity of 2.2%
Rule-based from financial data. Not advice.
Monthly Returns
Year-to-Date ROI
Historical Volatility
Historical Performance
Revenue, profitability, and cash flow trends (βΉ Crores)
Revenue (10Y)
Operating Income (10Y)
Net Profit (10Y)
Operating Margin % (10Y)
Dividend Payout % (10Y)
Free Cash Flow (10Y)
Growth Summary
Latest fiscal year: Mar 2025
Historical Growth
Year-by-year revenue, profitability, and cash flow (βΉ Crores, last 8 years)
| Year | Revenue | Op. Income | Net Profit | CFO | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|---|
| Mar 2025 | βΉ806.00 Cr | β | βΉ549.00 Cr | β | β | 2.2% | 26.3% | 43.7% |
| Mar 2024 | βΉ638.00 Cr | β | βΉ382.00 Cr | β | β | 1.6% | 1317.8% | 1132.3% |
| Mar 2023 | βΉ45.00 Cr | β | βΉ31.00 Cr | β | β | 0.1% | -69.8% | -81.5% |
| Mar 2022 | βΉ149.00 Cr | β | βΉ168.00 Cr | β | β | 7.5% | -50.8% | 36.6% |
| Mar 2021 | βΉ303.00 Cr | β | βΉ123.00 Cr | β | β | 6.0% | -13.2% | -46.5% |
| Mar 2020 | βΉ349.00 Cr | β | βΉ230.00 Cr | β | β | 11.9% | -432.4% | -157.2% |
| Mar 2019 | βΉ-105.00 | β | βΉ-402.00 | β | β | -23.6% | -3600.0% | -20200.0% |
| Mar 2018 | βΉ3.00 Cr | β | βΉ2.00 Cr | β | β | 9.5% | β | β |
Financial Statements
Income statement, balance sheet, and cash flow (βΉ Crores, as reported)
Consolidated Figures in USD Millions.
| Unnamed: 0 | TTM |
|---|---|
| Revenue / Net Sales | 944 |
| Total Expenses | 186 |
| EBIT / Operating Profit | 758 |
| OPM % | 80% |
| Other Income | 53 |
| Finance Costs | 0 |
| Depreciation & Amortisation | 13 |
| Profit Before Tax | 798 |
| Tax % | - |
| Net Profit / PAT | 700 |
| EPS (βΉ) | 1.10 |
| Dividend Payout % | - |
Peer Comparison
Financials sector peers, ranked by market cap
| Company | Market Cap | Revenue | P/E | P/B | EV/EBITDA | Rev G 1Y |
|---|---|---|---|---|---|---|
| Jio Financial Services Limitedthis co. | βΉ1.81 L Cr | βΉ806.00 Cr | 258.00 | 6.21 | 330.58 | 26.3% |
| HDFC Bank Ltd. | βΉ14.43 L Cr | βΉ3.01 L Cr | 20.30 | 2.78 | β | 16.3% |
| ICICI Bank Ltd. | βΉ10.28 L Cr | βΉ1.63 L Cr | 20.70 | 3.32 | β | 14.3% |
| State Bank Of India | βΉ9.49 L Cr | βΉ4.62 L Cr | 13.30 | 1.83 | β | 11.4% |
| Bajaj Finance Limited | βΉ5.91 L Cr | βΉ61.95 K Cr | 36.80 | 6.33 | β | 32.0% |
| LIFE INSURANCE CORPORATION OF INDIA | βΉ5.26 L Cr | βΉ8.87 L Cr | 10.30 | 3.73 | 9.87 | 5.2% |
| Kotak Mahindra Bank Ltd. | βΉ4.24 L Cr | βΉ52.92 K Cr | 31.70 | 3.39 | β | 15.5% |
| Industry Average | β | βΉ30.80 K Cr | 45.91 | 4.87 | 70.91 | 14.6% |