JM Financial

  • Market Cap: Small Cap
  • Industry: Holding Company
  • ISIN: INE780C01023
  • NSEID: JMFINANCIL
  • BSEID: 523405
INR
125.95
-2.85 (-2.21%)
BSENSE

Jun 23, 12:19 PM

BSE+NSE Vol: 10.51 lacs

  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-summaryPrice Point
High/Low

1Day

52 Week

Valuation
Technical
Day's Volume

CASH

10.51 lacs (-55.14%) Volume

Shareholding (Mar 2026)

FII

17.15%

Held by 158 FIIs

DII

5.89%

Held by 32 DIIs

Promoter

57.07%

Why is JM Financial Ltd falling/rising?

22-Jun-2026

As of 22-Jun, JM Financial Ltd's stock is rising, currently at Rs 128.80, with a short-term positive performance and attractive valuation metrics. However, concerns about long-term growth and recent declines in profitability may caution investors.

As of 22-Jun, JM Financial Ltd's stock price is rising, currently at Rs 128.80, reflecting a change of Rs 2.75 or 2.18%. The stock has outperformed the sector by 1.19% today and has experienced consecutive gains over the last two days, with a total return of 2.67% during this period. Additionally, the stock reached an intraday high of Rs 130.5, which is a 3.53% increase.<BR><BR>In the short term, the stock's performance has been positive, as indicated by a 4.25% increase over the past week, significantly outperforming the Sensex, which rose only 1.09%. This suggests a strong short-term momentum. However, it is important to note that the stock has a mixed performance over longer periods, with a year-to-date decline of 14.19% and a one-year decline of 8.88%.<BR><BR>The stock's attractive valuation, with a return on equity (ROE) of 11.4 and a price-to-book value of 1.2, indicates that it is trading at a fair value compared to its peers. Furthermore, despite the negative returns over the past year, the company's profits have increased by 48.3%, resulting in a low PEG ratio of 0.2, which may attract investors looking for value.<BR><BR>However, there are concerns regarding long-term growth, as net sales have only grown at an annual rate of 5.05%, and operating profit has increased at a rate of 3.62%. The recent quarterly results show a significant decline in profit before tax and profit after tax, which fell by 22.60% and 21.1%, respectively. This could raise caution among investors regarding the sustainability of the stock's recent gains.<BR><BR>In summary, JM Financial Ltd's stock is currently rising due to short-term positive performance, attractive valuation metrics, and strong profit growth, despite underlying concerns about long-term growth and recent declines in profitability.

View full answer

How big is JM Financial?

11-Jun-2026

As of 10th June, JM Financial Ltd has a market capitalization of 11,430.00 Cr, with recent net sales of 4,091.10 Cr and a net profit of 1,201.97 Cr. Shareholder's funds are 9,727.80 Cr and total assets amount to 24,169.88 Cr.

As of 10th June, JM Financial Ltd has a market capitalization of 11,430.00 Cr, categorizing it as a Small Cap company.<BR><BR>In the latest 4 quarters, JM Financial reported Net Sales of 4,091.10 Cr and a Net Profit of 1,201.97 Cr.<BR><BR>The latest annual period for the balance sheet is March 2025, with Shareholder's Funds amounting to 9,727.80 Cr and Total Assets of 24,169.88 Cr.

View full answer

Who are in the management team of JM Financial?

11-Jun-2026

The management team of JM Financial includes Chairman Nimesh N Kampani, Vice Chairman Vishal Kampani, Joint Managing Directors Atul Mehra and Adi Patel, and Company Secretary Dimple Mehta, along with several independent directors. This diverse team offers extensive experience and expertise to the company.

The management team of JM Financial includes the following key members:<BR><BR>1. **Nimesh N Kampani** - Chairman (Non-Executive)<BR>2. **Vishal Kampani** - Vice Chairman<BR>3. **Atul Mehra** - Joint Managing Director<BR>4. **Adi Patel** - Joint Managing Director<BR>5. **Dimple Mehta** - Company Secretary & Compliance Officer<BR><BR>Additionally, the board features several independent directors:<BR>- **Jagi Mangat Panda**<BR>- **P S Jayakumar**<BR>- **Pradip M. Kanakia**<BR>- **Sumit Bose**<BR>- **Navroz Darius Udwadia**<BR>- **Roshini Bakshi**<BR><BR>This diverse team brings a wealth of experience and expertise to the company.

View full answer

Who are the peers of the JM Financial?

11-Jun-2026

JM Financial's peers include TVS Holdings, ACME Solar Holdings, Choice International, Mahindra Scooters, JSW Holdings, Edelweiss Financial, Kama Holdings, Pilani Investments, and Nalwa Sons Investments. In terms of management risk, growth, and capital structure, TVS Holdings and JM Financial exhibit excellent management risk, while ACME Solar Holdings has the highest 1-year return at 34.65%, and JM Financial's return is -21.25%.

Peers: The peers of JM Financial are TVS Holdings, ACME Solar Hold., Choice Intl., Mah. Scooters, JSW Holdings, Edelweiss.Fin., Kama Holdings, Pilani Invest., Nalwa Sons Invst.<BR><BR>Quality Snapshot: Excellent management risk is observed at TVS Holdings and JM Financial, while Average management risk is found at ACME Solar Hold., Choice Intl., JSW Holdings, Edelweiss.Fin., and Kama Holdings, and the rest. Below Average management risk is noted for Mah. Scooters, Pilani Invest., Nalwa Sons Invst, and the rest. Growth is Excellent for TVS Holdings, ACME Solar Hold., Choice Intl., Mah. Scooters, and the rest, while JM Financial, Edelweiss.Fin., Kama Holdings, and the rest show Below Average growth. Finally, Excellent capital structure is seen at Choice Intl., Mah. Scooters, JSW Holdings, JM Financial, Edelweiss.Fin., Kama Holdings, Pilani Invest., Nalwa Sons Invst, and the rest, while Below Average capital structure is noted for TVS Holdings and ACME Solar Hold.<BR><BR>Return Snapshot: ACME Solar Hold. has the highest 1-year return at 34.65%, while JSW Holdings has the lowest at -47.29%. JM Financial's 1-year return of -21.25% is better than that of JSW Holdings but worse than ACME Solar Hold. Additionally, the six-month return is negative for TVS Holdings, Mah. Scooters, JSW Holdings, Pilani Invest., Nalwa Sons Invst, and the rest.

View full answer

What does JM Financial do?

10-Jun-2026

JM Financial Ltd is a holding company in the small-cap category, providing financial services. As of March 2026, it reported net sales of ₹949 Cr and a net profit of ₹165 Cr, with a market cap of ₹11,430 Cr.

Overview: <BR>JM Financial Ltd is a holding company operating in the small-cap category.<BR><BR>History: <BR>JM Financial Limited was incorporated in 1986 as 'J.M. Share and Stock Brokers Private Limited'. It became a deemed Public Limited Company in 1988 and changed its name to JM Financial Limited in 2004. The most recent quarterly results reported net sales and net profit for March 2026.<BR><BR>Financial Snapshot: <BR>Net Sales: 949 Cr (Quarterly Results - Mar 2026) <BR>Net Profit: 165 Cr (Quarterly Results - Mar 2026) <BR>Market Cap: INR 11,430 Cr (Small Cap)<BR><BR>Key Metrics: <BR>P/E: 9.00 <BR>Industry P/E: 20 <BR>Dividend Yield: 1.26% <BR>Debt-Equity: 1.09 <BR>Return on Equity: 11.43% <BR>Price to Book: 1.07<BR><BR>Contact Details: <BR>Address: 7th Floor Cnergy Prabhadevi, Appasaheb Marathe Marg Mumbai Maharashtra : 400025 <BR>Tel: 91-22-66303030 <BR>Email: shareholdergrievance@jmfl.com <BR>Website: http://www.jmfl.com

View full answer

Should I buy, sell or hold JM Financial Ltd?

03-Jun-2026

Are JM Financial Ltd latest results good or bad?

02-Jun-2026

JM Financial Ltd's latest results are unfavorable, with Q4 FY26 net profit declining by 21.08% year-on-year to ₹165.36 crore and revenue dropping 5.46% to ₹949.12 crore, marking the lowest quarterly revenue recently and indicating significant operational challenges.

The latest results for JM Financial Ltd indicate a challenging performance. In Q4 FY26, the company reported a net profit of ₹165.36 crore, which represents a significant decline of 21.08% year-on-year. Revenue also decreased to ₹949.12 crore, down 5.46% from the same quarter last year. This marks the lowest quarterly revenue in recent times, reflecting ongoing pressures across its operating segments.<BR><BR>The operating margin, excluding other income, contracted to 51.92%, down from 58.63% a year earlier, indicating deteriorating profitability. Furthermore, the profit after tax margin fell sharply to 16.84% from 23.84% in the previous year.<BR><BR>Overall, the results suggest that JM Financial is facing substantial operational challenges, with declining revenues, compressing margins, and weakening return metrics. These factors point to a concerning trend for the company, making the latest results appear unfavorable.

View full answer

Is JM Financial overvalued or undervalued?

10-Nov-2025

As of November 7, 2025, JM Financial is considered undervalued with a PE ratio of 13.31 and has shifted from fair to attractive valuation, outperforming the Sensex with a YTD return of 22.78%, especially when compared to competitors like Bajaj Finance and Life Insurance.

As of 7 November 2025, JM Financial's valuation grade has moved from fair to attractive, indicating a shift in its perceived value. The company is currently considered undervalued, with a PE ratio of 13.31, a price to book value of 0.15, and an EV to EBITDA ratio of -10.42. These figures suggest that JM Financial is trading at a significant discount compared to its peers.<BR><BR>In comparison to notable competitors, Bajaj Finance is categorized as very expensive with a PE ratio of 38.09, while Life Insurance is seen as very attractive with a PE ratio of 11.44. This peer analysis reinforces the notion that JM Financial is undervalued within its industry. Additionally, JM Financial has outperformed the Sensex in terms of YTD returns, achieving 22.78% compared to the Sensex's 6.50%, further supporting the case for its attractive valuation.

View full answer

How has been the historical performance of JM Financial?

06-Nov-2025

JM Financial's historical performance shows fluctuating trends, with net sales and operating income peaking in March 2024 before declining in March 2025, while profit before tax and net profit significantly increased during the same period. Total liabilities and assets decreased, and cash flow from operating activities improved despite a net cash outflow in March 2025.

Answer:<BR>The historical performance of JM Financial shows a fluctuating trend in key financial metrics over the years.<BR><BR>Breakdown:<BR>JM Financial's net sales peaked at 4,760.72 Cr in March 2024 but declined to 4,377.62 Cr by March 2025. The total operating income followed a similar pattern, reaching 4,760.72 Cr in March 2024 and then decreasing to 4,377.62 Cr in March 2025. The total expenditure, excluding depreciation, increased slightly from 2,017.38 Cr in March 2024 to 2,087.26 Cr in March 2025. Operating profit (PBDIT) decreased from 2,814.78 Cr in March 2024 to 2,365.57 Cr in March 2025, reflecting a decline in operating profit margin from 58.29% to 53.03%. Profit before tax saw a significant increase to 996.85 Cr in March 2025 from 353.37 Cr in March 2024, while profit after tax rose to 772.00 Cr from 27.52 Cr in the same period. The consolidated net profit also increased to 821.31 Cr in March 2025 from 409.84 Cr in March 2024. On the balance sheet, total liabilities decreased from 29,489.56 Cr in March 2024 to 24,169.88 Cr in March 2025, while total assets similarly fell from 29,489.56 Cr to 24,169.88 Cr. Cash flow from operating activities improved to 5,568.00 Cr in March 2025 from 3,635.00 Cr in March 2024, although the net cash outflow was recorded at -1,691.00 Cr in March 2025 compared to a net inflow of 1,707.00 Cr in March 2024. Overall, JM Financial's performance indicates a complex interplay of growth and decline across various financial metrics over the years.

View full answer

Is JM Financial technically bullish or bearish?

18-Sep-2025

As of September 17, 2025, JM Financial's technical trend is mildly bullish, supported by positive MACD and moving averages, though caution is advised due to a bearish monthly RSI and mildly bearish weekly KST.

As of 17 September 2025, the technical trend for JM Financial has changed from bullish to mildly bullish. The current stance is mildly bullish, driven primarily by the weekly and monthly MACD indicators, both of which are bullish. The daily moving averages also support this bullish sentiment. However, the monthly RSI is bearish, indicating some weakness, while the weekly KST is mildly bearish, suggesting caution. Bollinger Bands are mildly bullish on both weekly and monthly time frames, reinforcing the overall mildly bullish outlook. Despite recent price action showing a decline from the previous close, the longer-term trends remain positive, particularly with strong returns over 1Y and 3Y periods compared to the Sensex.

View full answer

Who are the top shareholders of the JM Financial?

06-Jun-2025

The top shareholders of JM Financial include J. M. Financial And Investment Consultancy Services Private Limited with 24.38%, foreign institutional investors holding 17.49%, mutual funds at 6.38%, and individual investors at 14.46%. This indicates strong interest from both institutional and retail investors.

The top shareholders of JM Financial include a mix of promoters, institutional investors, and individual shareholders. The largest promoter is J. M. Financial And Investment Consultancy Services Private Limited, holding 24.38%. <BR><BR>In terms of institutional holdings, foreign institutional investors (FIIs) collectively own 17.49% of the company, represented by 144 different FIIs. Additionally, mutual funds hold 6.38% across 14 schemes, with ICICI Prudential being the highest public shareholder at 3.97%. Individual investors account for 14.46% of the total shareholding. <BR><BR>This diverse ownership structure reflects a strong interest from both institutional and retail investors in JM Financial.

View full answer

When is the next results date for JM Financial?

06-Jun-2025

No Upcoming Board Meetings

What is the bonus history of the JM Financial?

06-Jun-2025

JM Financial declared a 3:2 bonus issue in 2008, with an ex-date of September 8 and a record date of September 15, allowing shareholders to receive three shares for every two they held.

JM Financial has a bonus history that includes a notable issue announced in 2008. Specifically, the company declared a 3:2 bonus issue, with the ex-date set for September 8, 2008, and the record date on September 15, 2008. This means that shareholders received three shares for every two shares they held at that time. If you have any more questions about JM Financial or need further details, feel free to ask!

View full answer

Has JM Financial declared dividend?

06-Jun-2025

Yes, JM Financial Ltd has declared a 270% dividend, with an ex-date of June 13, 2025. The company has demonstrated strong total returns over various periods, particularly in the long term.

JM Financial Ltd has declared a 270% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 270%<BR>- Ex-date: 13 Jun 25<BR><BR>Dividend Yield: 1.4%<BR><BR>Total Returns by Period:<BR>In the last 6 months, the price return was -0.61%, with no dividend return, resulting in a total return of -0.61%.<BR><BR>Over the past year, the price return was 77.68%, with no dividend return, leading to a total return of 77.68%.<BR><BR>In the 2-year period, the price return was 90.27%, with a dividend return of 2.67%, culminating in a total return of 92.94%.<BR><BR>For the 3-year period, the price return was 116.59%, with a dividend return of 8.46%, resulting in a total return of 125.05%.<BR><BR>In the 4-year period, the price return was 50.41%, with a dividend return of 5.96%, leading to a total return of 56.37%.<BR><BR>Over the last 5 years, the price return was 101.67%, with a dividend return of 8.15%, resulting in a total return of 109.82%.<BR><BR>Overall, JM Financial has declared a significant dividend and has shown strong total returns over various periods, particularly in the longer term, indicating a positive performance trend for investors.

View full answer
iScoreScore
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy

Dashboard

1

Poor long term growth as Net Sales has grown by an annual rate of 5.05% and Operating profit at 3.62%

  • PBT LESS OI(Q) At Rs 223.01 cr has Fallen at -22.60%
  • PAT(Q) At Rs 165.36 cr has Fallen at -21.1%
  • NET SALES(Q) Lowest at Rs 949.12 cr
stock-summaryMojo Parameters

Mojo Parameters

Loading Valuation Snapshot...

Stock DNA

stock-summary
Industry

Holding Company

stock-summary
Market cap

INR 12,286 Cr (Small Cap)

stock-summary
P/E

10.00

stock-summary
Industry P/E

21

stock-summary
Dividend Yield

2.52%

stock-summary
Debt Equity

1.09

stock-summary
Return on Equity

11.43%

stock-summary
Price to Book

1.16

Revenue and Profits:
Net Sales:
949 Cr
(Quarterly Results - Mar 2026)
Net Profit:
165 Cr
stock-summaryTotal Returns
Total Returns (Price + Dividend) stock-summary
Dividend Yield (2.52%)
TimePeriod
Price Return
Dividend Return
Total Return
3 Months
7.19%
1.41%
8.6%
6 Months
-13.11%
1.22%
-11.89%
1 Year
-9.84%
2.04%
-7.8%
2 Years
50.84%
3.58%
54.42%
3 Years
75.27%
7.13%
82.4%
4 Years
111.86%
11.35%
123.21%
5 Years
36.9%
7.94%
44.84%

Latest dividend: 1.750724937862469 per share ex-dividend date: Jun-12-2026

Risk Adjusted Returns v/s stock-summary
Returns Beta
Icon
Beta has not been calculated since enough price history is not available
stock-summaryNews & Corporate Actions

News

JM Financial Ltd Falls 6.64%: 3 Key Factors Driving the Weekly Decline

Announcements stock-summary

Announcement under Regulation 30 (LODR)-Earnings Call Transcript

04-Jun-2026 | Source : BSE

Please find attached transcript of the earnings conference call of the Company held on June 1 2026.

Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome

01-Jun-2026 | Source : BSE

Please find enclosed intimation of audio recording of earnings conference call held today i.e. June 1 2026.

Compliances-Reg.24(A)-Annual Secretarial Compliance

30-May-2026 | Source : BSE

Please find attached annual secretarial compliance report under Regulation 24A(2) of SEBI Listing Regulations for the financial year ended March 31 2026.

Corporate Actions stock-summary

stock-summary
BOARD MEETING

No Upcoming Board Meetings

stock-summary
DIVIDEND

JM Financial Ltd has declared 175% dividend, ex-date: 12 Jun 26

stock-summary
SPLITS

JM Financial Ltd has announced 1:10 stock split, ex-date: 08 Sep 08

stock-summary
BONUS

JM Financial Ltd has announced 3:2 bonus issue, ex-date: 08 Sep 08

stock-summary
RIGHTS

No Rights history available

stock-summaryKey Factors

Quality key factors stock-summary

Factor
Value
Sales Growth (5y)
5.05%
EBIT Growth (5y)
3.62%
Net Debt to Equity (avg)
1.09
Institutional Holding
23.04%
ROE (avg)
10.41%

Valuation key factors

Factor
Value
P/E Ratio
10
Industry P/E
21
Price to Book Value
1.16
EV to EBIT
7.85
EV to EBITDA
7.60
EV to Capital Employed
1.10
EV to Sales
4.66
PEG Ratio
0.21
Dividend Yield
2.52%
ROCE (Latest)
13.95%
ROE (Latest)
11.43%

Technicals key factors

Indicator
Weekly
Monthly
MACD
Bearish
Mildly Bearish
RSI
No Signal
No Signal
Bollinger Bands
Sideways
Bearish
Moving Averages
Bearish (Daily)
KST
Mildly Bullish
Mildly Bearish
Dow Theory
Mildly Bullish
Mildly Bullish
OBV
No Trend
Bullish
stock-summary Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
stock-summaryShareholding
Shareholding Snapshot : Mar 2026stock-summary
Shareholding Compare (%holding) stock-summary
Majority shareholders

Promoters

Pledged Promoter Holdings

None

Mutual Funds

Held by 19 Schemes (5.17%)

FIIs

Held by 158 FIIs (17.15%)

Promoter with highest holding

J M Financial And Investment Consultancy Services Private Limited (24.79%)

Highest Public shareholder

Timf Holdings (2.36%)

Individual Investors Holdings

14.2%

stock-summaryFinancial
[
  {
    "link": "quarterly",
    "btn_text": "All Quarterly Results",
    "header": "Quarterly Results Snapshot (Consolidated) - Mar'26 - YoY",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in quarter ended Mar 2026 is -5.46% vs -20.37% in Mar 2025",
        "dir": 1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in quarter ended Mar 2026 is -21.08% vs 191.63% in Mar 2025",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Mar'26",
        "Mar'25",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "949.12",
          "val2": "1,003.92",
          "chgp": "-5.46%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "491.40",
          "val2": "578.05",
          "chgp": "-14.99%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "246.26",
          "val2": "273.59",
          "chgp": "-9.99%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "165.36",
          "val2": "209.53",
          "chgp": "-21.08%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "51.92%",
          "val2": "58.63%",
          "chgp": "-6.71%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "half-yearly",
    "btn_text": "All Half Yearly Results",
    "header": "Half Yearly Results Snapshot (Consolidated) - Sep'25",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": " Growth in half year ended Sep 2025 is -5.51% vs 0.16% in Sep 2024",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": " Growth in half year ended Sep 2025 is 79.67% vs 11.65% in Sep 2024",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Sep'25",
        "Sep'24",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "2,142.62",
          "val2": "2,267.56",
          "chgp": "-5.51%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "1,455.03",
          "val2": "1,105.76",
          "chgp": "31.59%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "505.10",
          "val2": "713.34",
          "chgp": "-29.19%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "723.81",
          "val2": "402.86",
          "chgp": "79.67%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "69.16%",
          "val2": "49.47%",
          "chgp": "19.69%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "nine-monthly",
    "btn_text": "All Nine Monthly Results",
    "header": "Nine Monthly Results Snapshot (Consolidated) - Dec'25",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in nine months ended Dec 2025 is -6.87% vs -3.61% in Dec 2024",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in nine months ended Dec 2025 is 69.44% vs -4.19% in Dec 2024",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Dec'25",
        "Dec'24",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "3,141.98",
          "val2": "3,373.70",
          "chgp": "-6.87%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "2,018.39",
          "val2": "1,712.31",
          "chgp": "17.88%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "752.93",
          "val2": "1,031.34",
          "chgp": "-26.99%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "-21.29",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "1,036.61",
          "val2": "611.78",
          "chgp": "69.44%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "64.24%",
          "val2": "50.75%",
          "chgp": "13.49%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "annual",
    "btn_text": "All Annual Results",
    "header": "Annual Results Snapshot (Consolidated) - Mar'26",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in year ended Mar 2026 is -6.55% vs -8.05% in Mar 2025",
        "dir": 1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in year ended Mar 2026 is 46.35% vs 100.40% in Mar 2025",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Mar'26",
        "Mar'25",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "4,091.10",
          "val2": "4,377.62",
          "chgp": "-6.55%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "2,509.79",
          "val2": "2,290.36",
          "chgp": "9.58%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "999.19",
          "val2": "1,304.93",
          "chgp": "-23.43%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "-21.29",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "1,201.97",
          "val2": "821.31",
          "chgp": "46.35%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "62.07%",
          "val2": "53.03%",
          "chgp": "9.04%",
          "chgp_class": "positive"
        }
      ]
    }
  }
]

Quarterly Results Snapshot (Consolidated) - Mar'26 - YoYstock-summary

Mar'26
Mar'25
Change(%)
Net Sales
949.12
1,003.92
-5.46%
Operating Profit (PBDIT) excl Other Income
491.40
578.05
-14.99%
Interest
246.26
273.59
-9.99%
Exceptional Items
0.00
0.00
Consolidate Net Profit
165.36
209.53
-21.08%
Operating Profit Margin (Excl OI)
51.92%
58.63%
-6.71%
Values in Rs Cr.
Direction Arrows
Net Sales

YoY Growth in quarter ended Mar 2026 is -5.46% vs -20.37% in Mar 2025

Direction Arrows
Consolidated Net Profit

YoY Growth in quarter ended Mar 2026 is -21.08% vs 191.63% in Mar 2025

Half Yearly Results Snapshot (Consolidated) - Sep'25stock-summary

Sep'25
Sep'24
Change(%)
Net Sales
2,142.62
2,267.56
-5.51%
Operating Profit (PBDIT) excl Other Income
1,455.03
1,105.76
31.59%
Interest
505.10
713.34
-29.19%
Exceptional Items
0.00
0.00
Consolidate Net Profit
723.81
402.86
79.67%
Operating Profit Margin (Excl OI)
69.16%
49.47%
19.69%
Values in Rs Cr.
Direction Arrows
Net Sales

Growth in half year ended Sep 2025 is -5.51% vs 0.16% in Sep 2024

Direction Arrows
Consolidated Net Profit

Growth in half year ended Sep 2025 is 79.67% vs 11.65% in Sep 2024

Nine Monthly Results Snapshot (Consolidated) - Dec'25stock-summary

Dec'25
Dec'24
Change(%)
Net Sales
3,141.98
3,373.70
-6.87%
Operating Profit (PBDIT) excl Other Income
2,018.39
1,712.31
17.88%
Interest
752.93
1,031.34
-26.99%
Exceptional Items
-21.29
0.00
Consolidate Net Profit
1,036.61
611.78
69.44%
Operating Profit Margin (Excl OI)
64.24%
50.75%
13.49%
Values in Rs Cr.
Direction Arrows
Net Sales

YoY Growth in nine months ended Dec 2025 is -6.87% vs -3.61% in Dec 2024

Direction Arrows
Consolidated Net Profit

YoY Growth in nine months ended Dec 2025 is 69.44% vs -4.19% in Dec 2024

Annual Results Snapshot (Consolidated) - Mar'26stock-summary

Mar'26
Mar'25
Change(%)
Net Sales
4,091.10
4,377.62
-6.55%
Operating Profit (PBDIT) excl Other Income
2,509.79
2,290.36
9.58%
Interest
999.19
1,304.93
-23.43%
Exceptional Items
-21.29
0.00
Consolidate Net Profit
1,201.97
821.31
46.35%
Operating Profit Margin (Excl OI)
62.07%
53.03%
9.04%
Values in Rs Cr.
Direction Arrows
Net Sales

YoY Growth in year ended Mar 2026 is -6.55% vs -8.05% in Mar 2025

Direction Arrows
Consolidated Net Profit

YoY Growth in year ended Mar 2026 is 46.35% vs 100.40% in Mar 2025

stock-summaryCompany CV
About JM Financial Ltd stock-summary
stock-summary
JM Financial Ltd
Small Cap
Holding Company
JM Financial Limited was incorporated as a Private Limited Company under the name of 'J.M. Share and Stock Brokers Private Limited' on January 30, 1986. Subsequently, the Company became a deemed Public Limited Company upon its promoter, J. M. Financial & Investment Consultancy Services Private Limited becoming a deemed Public Limited Company on June 15, 1988. On September 15, 2004, the name of the Company was changed to JM Financial Limited.
Company Coordinates stock-summary
Company Details
7th Floor Cnergy Prabhadevi, Appasaheb Marathe Marg Mumbai Maharashtra : 400025
stock-summary
Tel: 91-22-66303030
stock-summary
shareholdergrievance@jmfl.com
Registrar Details
Karvy Computershare Pvt Ltd., Karvy Selenium, Tower-B Plot No 31 & 32, Survey No 116/22, 115/24, 115/25, Financial District, Nanakramguda, Serilingampally, Mandal Ranga Reddy Dist, Hyderabad