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JM Financial Ltd

(JMFINANCIL)

₹145.851.59%

as on 04:01PM, 08 Nov 2024

Overview
News
Financials
Q2 2024 Results
Technicals

JM Financial Ltd Share analysis

Excluding Excise Duty and Other Income, represents Net Revenue

JM Financial Ltd revenue growth forecast

Expected growth rate Q1, FY2023:-14.23%

Forecast

Actual

Source: S&P Global Market Intelligence

JM Financial Ltd Performance

  • Day's Low

    Day's High

    ₹144.65
    ₹149.38
  • 52 Week's Low

    52 Week's High

    ₹69
    ₹168.75
1 Month Return+ 3.2 %
3 Month Return+ 49.97 %
1 Year Return+ 78.52 %
Previous Close₹148.20
Open₹149.38
Volume74.99L
Upper Circuit-
Lower Circuit-
Market Cap₹14,164.27Cr

JM Financial Ltd Key Statistics

P/E Ratio30.77
PEG Ratio-18.88
Market Cap₹14,164.27 Cr
P/B Ratio1.73
EPS0.29
Dividend Yield2.68
SectorFinance
ROE7.74

JM Financial Ltd Peer Comparison

Company
Analyst ViewMarket Cap5 Year CAGRDebt to Asset RatioNet ProfitYearly Revenue
NA₹14,164.27 Cr12.16%0.51₹27 Cr₹4,785 Cr
BUY₹55,909.83 Cr98.66%0.77₹2,445 Cr₹7,069 Cr
HOLD₹17,333.50 Cr35.58%0.50₹802 Cr₹1,736 Cr
BUY₹40,180.77 Cr46.48%0.63₹804 Cr₹2,920 Cr
HOLD₹23,741.73 Cr2.88%0.51₹780 Cr₹1,635 Cr

About JM Financial Ltd

JM Financial Limited, incorporated in 1986, is a diversified financial services group offering a wide range of capital market services including equity and debt capital market transactions, mergers and acquisitions, corporate finance advisory, business and administration management as well as management of private equity funds. Headquartered in Mumbai, it has a presence across 634 locations in 185 Indian cities and 4 international locations. During the year 2001, it repaid part of its unsecured loans to its promoters with the ultimate objective of bringing down the borrowing and becoming a 'Zero Debt Company'. In 2006, it launched a corporate private equity fund with a US based investor and in the same year, it amalgamated 'J.M. Securities Private Limited' with it. In 2008, it acquired JM Financial ASK Securities Private Limited and opened a branch in Vizag. In 2010, it entered into a strategic cooperation with Rand Merchant Bank to provide MA advisory services to Indian and African corporates. JM Financial Ltd received a capital investment of Rs 540 crore from a global fund in 2014 and in the same year, it allotted 1.16 crore equity shares to a NRi investor. In 2015, it entered into a Memorandum of Understanding with Seabury Corporate Finance and in 2016, they acquired equity shares of Fairassets Technologies India Private Limited and also of India Home Loan Limited. In 2017, JM Financial Asset Management completed the buyback of 9.95 of its outstanding equity and in 2018; they raised Rs 770 crore through a QIP issue. During FY 2018-19, the Company mobilised more than Rs 4000 crore in corporate fixed deposits and bonds and over Rs 1200 crore in mutual fund schemes and also introduced Elite Wealth Management Group. They raised Rs. 387 crore through a public issue of secured rated listed redeemable NCD’s in April 2019 and also made an Investment of Rs. 350 million in Walko Food Company in June 2021. As on March 31 2022 they had 15 subsidiaries, a partnership firm and an associate company with a AUM of Rs. 61211 crore.

Share Price: ₹145.85 per share as on 08 Nov, 2024 04:01 PM
Market Capitalisation: ₹14,164.27Cr as of today
Revenue: ₹1,211.21Cr as on September 2024 (Q3 24)
Net Profit: ₹143.79Cr as on September 2024 (Q3 24)
Listing date: 22 Jun, 1995
Chairperson Name: Nimesh N Kampani
OrganisationJM Financial Ltd
HeadquartersMumbai
IndustryFinance
E-voting on sharesClick here to vote

Key events for JM Financial Ltd

  • Positive Outlook for JM Financial in Healthcare Sector - 30 Oct, 2024

    Rakesh Parekh, MD & Co-head at JM Financial, emphasizes a positive outlook on the healthcare pharma sector, particularly high-quality CDMO and specialty API manufacturing companies, alongside other India-centric sectors.

  • JM Financial Reports Mixed Q2 Results for September 2024 - 28 Oct, 2024

    JM Financial's net sales for September 2024 decreased by 0.57% year-on-year to Rs 1,190.51 crore, while net profit rose 19.09% to Rs 232.16 crore. EBITDA fell 24.68%, but EPS increased to Rs 2.43. The stock has shown strong returns of 63.56% over the last six months and 67.84% over the last year.

  • JM Financial Reports Strong Q2 Profit Growth - 25 Oct, 2024

    JM Financial's profit after tax rose 19% year-on-year to Rs 232 crore for Q2 FY25, despite a slight drop in total income. Quarter-on-quarter, profit grew by 36%.

  • JM Financial Hits 52-Week High After RBI Decision - 21 Oct, 2024

    JM Financial shares rose significantly after the RBI lifted restrictions on its subsidiary, JM Financial Products, allowing it to resume financing activities. The stock reached a 52-week high of ₹168.85.

  • RBI Lifts Restrictions on JM Financial Products - 20 Oct, 2024

    The Reserve Bank of India has lifted restrictions on JM Financial Products, allowing the company to provide financing against shares and debentures, effective immediately.

  • RBI Lifts Lending Restrictions on JM Financial Products - 19 Oct, 2024

    The RBI has lifted lending restrictions on JM Financial Products, enabling it to resume financing against shares and debentures after a seven-month suspension due to regulatory violations.

  • RBI Lifts Restrictions on JM Financial Products - 18 Oct, 2024

    The Reserve Bank of India has lifted restrictions on JM Financial Products, allowing the company to resume financing against shares and debentures after addressing compliance issues.

  • Indian Firms Pursue Outbound M&As for Growth - 13 Oct, 2024

    Sonia Dasgupta, MD & CEO of JM Financial, highlights that Indian firms are increasingly pursuing outbound M&As to access new markets and technologies. The M&A market is expected to grow, supported by favorable macroeconomic conditions and strong corporate balance sheets.

  • JM Financial Gains CCI Approval for Major Acquisitions - 10 Oct, 2024

    The Competition Commission of India has approved JM Financial's acquisition of a 42.99% stake in JM Financial Credit Solutions and a 71.79% stake in JM Financial Asset Reconstruction Company, strengthening its position in wholesale lending and asset reconstruction.

  • JM Financial Gains from CCI Acquisition Approval - 09 Oct, 2024

    JM Financial Limited received CCI approval for significant acquisitions, boosting investor sentiment and leading to a 3.53% rise in stock price. However, central bank actions against JM Financial and IIFL were also noted.

  • JM Financial Secures CCI Approval for Acquisition - 08 Oct, 2024

    JM Financial Ltd received CCI approval for acquiring a 42.99% stake in JM Financial Credit Solutions Ltd for around Rs 1,282 crore, involving a net cash outflow of Rs 426 crore funded from surplus cash.

Insights on JM Financial Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Price Rise

    img

    In the last 3 months, JMFINANCIL stock has moved up by 50.0%

  • imgPOSITIVE IMPACT

    Retail Holding Up

    img

    Retail Investor have increased holdings from 18.11% to 19.69% in Sep 2024 quarter

  • imgPOSITIVE IMPACT

    Profit Spike

    img

    Netprofit is up for the last 3 quarters, -228.68 Cr → 232.16 Cr (in ₹), with an average increase of 130.2% per quarter

  • imgPOSITIVE IMPACT

    Revenue Rich

    img

    Revenue is up for the last 2 quarters, 1.09K Cr → 1.21K Cr (in ₹), with an average increase of 9.7% per quarter

  • imgPOSITIVE IMPACT

    Best in 1 Year

    img

    In the last 1 year, JMFINANCIL has outperformed top 5 stocks with highest market-cap in Consumer Lending

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, Cholamandalam Investment & Finance Company Ltd has given 97.0% return, outperforming this stock by 24.7%

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 56.43% of holdings in Sep 2024 quarter

  • imgNEGATIVE IMPACT

    FII Holding Down

    img

    Foreign Institutions have decreased holdings from 15.61% to 14.09% in Sep 2024 quarter

  • imgNEGATIVE IMPACT

    MF Holding Down

    img

    Mutual Funds have decreased holdings from 8.41% to 7.82% in Sep 2024 quarter

JM Financial Ltd Financials

Value in ₹ crore
DetailsQ'3 23Q'4 23Q'1 24Q'2 24Q'3 24
Revenue₹1,213.96Cr (-)₹1,260.96Cr (↑3.87%)₹1,276.12Cr (↑1.20%)₹1,093.87Cr (↓14.28%)₹1,211.21Cr (↑10.73%)
Net Income₹205.54Cr (-)₹321.56Cr (↑56.45%)-₹674.88Cr (↓309.88%)₹185.78Cr (↓127.53%)₹143.79Cr (↓22.60%)
Net Profit Margin16.93% (-)25.50% (↑50.62%)-52.89% (↓307.41%)16.98% (↓132.10%)11.87% (↓30.09%)
Value in ₹ crore
Details2021202220232024
Total Assets₹3,799.36Cr (-)₹4,044.53Cr (↑6.45%)₹4,172.55Cr (↑3.17%)₹4,460.77Cr (↑6.91%)
Total Liabilities₹296.50Cr (-)₹308.02Cr (↑3.89%)₹285.11Cr (↓7.44%)₹351.24Cr (↑23.19%)
Value in ₹ crore
Details20202021202220232024
Operating Cash Flow₹151.41Cr (-)-₹351.88Cr (↓332.40%)₹202.99Cr (↓157.69%)-₹280.78Cr (↓238.32%)₹518.48Cr (↓284.66%)

Index Inclusions

S&P BSE 250 SmallCap

₹7,102.46

-1.56 (-112.47%)

S&P BSE Fin. Ser

₹11,491.70

-0.74 (-85.09%)

Nifty MidSmallcap 400

₹19,796.45

-1.39 (-280%)

Nifty 500

₹22,645.65

-0.7 (-160.6%)

Nifty Smallcap 250

₹17,634.25

-1.56 (-280.35%)

BSE 500

₹35,663.87

-0.67 (-239.76%)

BSE Small-Cap

₹54,913.85

-1.52 (-850.23%)

S&P BSE 400 MidSmallCap

₹12,115.41

-1.4 (-171.94%)

S&P BSE AllCap

₹10,471.31

0.68 (71.07%)

JM Financial Ltd Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
56.43%
0.00
Foreign Institutions
14.09%
-9.75
Mutual Funds
7.82%
-7.04
Retail Investors
19.69%
8.76
Others
1.97%
36.54

JM Financial Ltd Key Indicators

Details20202021202220232024
Return On Equity %5.045.779.066.737.74
Details20202021202220232024
Return On Assets %19.1315.5319.1214.319.19
Details20202021202220232024
Book Value Per Share (₹)67.0373.4780.5685.2188.85
Details20202021202220232024
Earning Per Share (₹)9.248.4610.47.420.29

JM Financial Ltd Valuation

JM Financial Ltd in the last 5 years

  • Overview

  • Trends

Lowest (7.14x)

June 17, 2022

Industry (26.86x)

November 8, 2024

Today (30.77x)

November 8, 2024

Highest (34.17x)

October 16, 2024

LowHigh

JM Financial Ltd Earnings and Dividends

  • JM Financial Ltd Earnings Results

    JM Financial Ltd’s net profit jumped 19.09% since last year same period to ₹232.16Cr in the Q2 2024-2025. On a quarterly growth basis, JM Financial Ltd has generated 36% jump in its net profits since last 3-months.

    Read More about Earnings Results
  • JM Financial Ltd Dividends May,2024

    In the quarter ending March 2024, JM Financial Ltd has declared dividend of ₹2 - translating a dividend yield of 1.37%.

    Read More about Dividends

JM Financial Ltd Technicals Summary

Bearish

Neutral

Bullish

Bullish

JM Financial Ltd is currently in a Bullish trading position according to technical analysis indicators.

FAQs on JM Financial Ltd

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JM Financial Ltd (JMFINANCIL) share price today is ₹145.85

JM Financial Ltd is listed on NSE

JM Financial Ltd is listed on BSE

  • Today’s highest price of JM Financial Ltd is ₹149.38.
  • Today’s lowest price of JM Financial Ltd is ₹144.65.

PE Ratio of JM Financial Ltd is 30.77

PE ratio = JM Financial Ltd Market price per share / JM Financial Ltd Earnings per share

Today’s traded volume of JM Financial Ltd(JMFINANCIL) is 74.99L.

Today’s market capitalisation of JM Financial Ltd(JMFINANCIL) is ₹14164.27Cr.

JM Financial Ltd(JMFINANCILPrice
52 Week High
₹168.75
52 Week Low
₹69

JM Financial Ltd(JMFINANCIL) share price is ₹145.85. It is down -13.57% from its 52 Week High price of ₹168.75

JM Financial Ltd(JMFINANCIL) share price is ₹145.85. It is up 111.38% from its 52 Week Low price of ₹69

JM Financial Ltd(JMFINANCILReturns
1 Day Returns
-2.35%
1 Month Returns
3.2%
3 Month Returns
49.97%
1 Year Returns
78.52%