JM Financial Limited
JM Financial Limited, together with its subsidiaries, provides various integrated and diversified financial services to corporations, financial institutions, government organizations, high net-worth individuals, and retail customers in India and internationally. The company operates through Investment Bank; Mortgage Lending; Alternative & Distressed Credit; and Asset Management, Wealth Management & Securities Business (Platform AWS) segments. The Investment Bank segment manages capital markets transactions, as well as advises on mergers and acquisitions, and private equity syndication. This segment also provides institutional equities business and research, portfolio management, private equity funds, fixed income, syndication, and finance services. The Mortgage Lending segment offers finance against commercial and residential real estate to a range of corporate and non-corporate clients; housing finance; and lending services to educational institutions. The Alternative & Distressed Credit segment provides securitization and reconstruction of financial assets and manages alternative credit funds. The Platform AWS segment offers investment advisory and distribution services, which include equity brokerage, elite and retail wealth management, and margin trade financing; distributes financial products; and manages mutual fund assets through various schemes. The company also provides real estate consulting and capital market lending services. The company was formerly known as J.M. Share and Stock Brokers Private Limited and changed its name to JM Financial Limited in September 2004. JM Financial Limited was founded in 1973 and is headquartered in Mumbai, India.
Valuation
Profitability
Returns
Solvency
AI Summary
Indian StockStrengths1
- Strong 5-year revenue CAGR of 22.3%
Concerns0
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 10 years)
| Year | Revenue | Op. Income | Net Profit | CFO | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|---|
| Mar 2025 | βΉ1.03 K Cr | β | βΉ539.00 Cr | β | β | 12.1% | 26.2% | 73.9% |
| Mar 2024 | βΉ820.00 Cr | β | βΉ310.00 Cr | β | β | 7.5% | 48.6% | 21.1% |
| Mar 2023 | βΉ552.00 Cr | β | βΉ256.00 Cr | β | β | 6.6% | -10.0% | -22.0% |
| Mar 2022 | βΉ613.00 Cr | β | βΉ328.00 Cr | β | β | 8.8% | 64.3% | 87.4% |
| Mar 2021 | βΉ373.00 Cr | β | βΉ175.00 Cr | β | β | 5.0% | 24.3% | 37.8% |
| Mar 2020 | βΉ300.00 Cr | β | βΉ127.00 Cr | β | β | 4.9% | 11.1% | 14.4% |
| Mar 2019 | βΉ270.00 Cr | β | βΉ111.00 Cr | β | β | 4.5% | -36.5% | -42.2% |
| Mar 2018 | βΉ425.00 Cr | β | βΉ192.00 Cr | β | β | 7.7% | 162.3% | 79.4% |
| Mar 2017 | βΉ162.00 Cr | β | βΉ107.00 Cr | β | β | 6.2% | 3.2% | -4.5% |
| Mar 2016 | βΉ157.00 Cr | β | βΉ112.00 Cr | β | β | 6.8% | 51.0% | 43.6% |
Financial Statements
Income statement, balance sheet, and cash flow (βΉ Crores, as reported)
Consolidated Figures in USD Millions.
| Unnamed: 0 | TTM |
|---|---|
| Revenue / Net Sales | 956 |
| Total Expenses | 385 |
| EBIT / Operating Profit | 571 |
| OPM % | 60% |
| Other Income | 131 |
| Finance Costs | 6 |
| Depreciation & Amortisation | 14 |
| Profit Before Tax | 683 |
| Tax % | - |
| Net Profit / PAT | 584 |
| EPS (βΉ) | 6.12 |
| Dividend Payout % | - |
Peer Comparison
Financials sector peers, ranked by market cap
| Company | Market Cap | Revenue | P/E | P/B | EV/EBITDA | Rev G 1Y |
|---|---|---|---|---|---|---|
| JM Financial Limitedthis co. | βΉ12.96 K Cr | βΉ1.03 K Cr | 22.30 | 2.81 | 30.13 | 26.2% |
| 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% |