Jio Financial

Is Jio Financial overvalued or undervalued?

As of October 18, 2023, Jio Financial is considered very expensive and overvalued with a PE ratio of 115.81 and an EV to EBITDA ratio of 120.56, significantly higher than its peers, despite a recent stock return of 21.32%.

As of 18 October 2023, Jio Financial's valuation grade has moved from does not qualify to very expensive, indicating a significant shift in its perceived market value. The company is currently considered overvalued, with a PE ratio of 115.81, an EV to EBITDA ratio of 120.56, and a ROE of just 1.31%. These ratios starkly contrast with peers such as Life Insurance, which has a PE ratio of 12.54 and an EV to EBITDA of 9.89, suggesting that Jio Financial's valuation is not justified by its earnings or operational performance.<BR><BR>In comparison to other firms in the sector, Bajaj Finance Ltd. is also categorized as very expensive with a PE ratio of 35.01, yet it is still significantly lower than Jio Financial's metrics. Additionally, SBI Life Insurance Co. Ltd. stands out as very attractive with a PE of 74.03, further emphasizing the overvaluation of Jio Financial. Despite a recent stock return of 21.32% over the past month, which outperformed the Sensex's 3.80%, the overall valuation metrics indicate that Jio Financial is not a sound investment at its current price of 301.00.

What does Jio Financial do?

Jio Financial Services Ltd is a Non-Banking Financial Company (NBFC) that reported net sales of ₹493 Cr and a net profit of ₹316 Cr for the quarter ending March 2025, with a market cap of ₹186,755 Cr. The company has a P/E ratio of 115.00 and a debt-equity ratio of 0.03.

Overview:<BR>Jio Financial Services Ltd operates as a Non Banking Financial Company (NBFC) within the large-cap market segment.<BR><BR>History:<BR>The company was incorporated in 1999 as Reliance Strategic Investments Private Limited and later converted to a public limited company, renaming itself Reliance Strategic Investments Limited in 2002. The latest quarterly results reported net sales and net profit for the period ending March 2025.<BR><BR>Financial Snapshot:<BR>- Net Sales: 493 Cr (Quarterly Results - Mar 2025)<BR>- Net Profit: 316 Cr (Quarterly Results - Mar 2025)<BR>- Market Cap: Rs 186,755 Cr (Large Cap)<BR><BR>Key Metrics:<BR>- P/E: 115.00<BR>- Industry P/E: 23<BR>- Dividend Yield: 0.00%<BR>- Debt-Equity: 0.03<BR>- Return on Equity: 1.31%<BR>- Price to Book: 1.50<BR><BR>Contact Details:<BR>Registrar Address: Not available.

Has Jio Financial declared dividend?

No Dividend History Available

Who are the peers of the Jio Financial?

Jio Financial's peers include Bajaj Finance, Cholaman.Inv.&Fn, Shriram Finance, Muthoot Finance, SBI Cards, Aditya Birla Cap, HDB FINANC SER, Sundaram Finance, and L&T Finance Ltd. Jio Financial has average management risk and growth, with a 1-year return of -7.16%, the lowest among its peers.

Peers: The peers of Jio Financial are Bajaj Finance, Cholaman.Inv.&Fn, Shriram Finance, Muthoot Finance, SBI Cards, Aditya Birla Cap, HDB FINANC SER, Sundaram Finance, and L&T Finance Ltd.<BR><BR>Quality Snapshot: Excellent management risk is observed at Bajaj Finance, Cholaman.Inv.&Fn, Muthoot Finance, SBI Cards, and the rest. Good management risk is found at Shriram Finance, Aditya Birla Cap, and Sundaram Finance, while Average management risk is present at Jio Financial, HDB FINANC SER, and L&T Finance Ltd. For growth, Excellent growth is noted at Jio Financial and Authum Invest., Good growth is seen at Bajaj Finance, Cholaman.Inv.&Fn, Shriram Finance, and the rest, while Average growth is found at Muthoot Finance, SBI Cards, Aditya Birla Cap, and Sundaram Finance, and Below Average growth is observed at HDB FINANC SER and L&T Finance Ltd. Capital Structure is Excellent for Bajaj Finance, Jio Financial, Muthoot Finance, SBI Cards, Sundaram Finance, and L&T Finance Ltd, Good for Cholaman.Inv.&Fn and HDB FINANC SER, and Good for Shriram Finance.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Authum Invest. at 153.88%, while Jio Financial has the lowest at -7.16%. Jio Financial's return is significantly lower than all peers. Additionally, HDB FINANC SER has no available data for its six-month return.

Who are in the management team of Jio Financial?

As of March 2022, the management team of Jio Financial includes K V Kamath (Chairman), along with several independent and non-executive directors, such as Sunil Mehta, Bimal Manu Tanna, and Isha Mukesh Ambani, among others, providing governance and strategic direction.

As of March 2022, the management team of Jio Financial includes the following individuals:<BR><BR>1. K V Kamath - Chairman & Independent Director<BR>2. Sunil Mehta - Independent Director<BR>3. Bimal Manu Tanna - Independent Director<BR>4. Sethuraman Kandasamy - Non-Executive Director<BR>5. Jagannath Kumar Venkata Gollapalli - Non-Executive Director<BR>6. Jayashri Rajesh - Non-Executive Director<BR>7. Rajiv Mehrishi - Independent Director<BR>8. Isha Mukesh Ambani - Non-Executive & Non-Independent Director<BR>9. Anshuman Thakur - Non-Executive & Non-Independent Director<BR><BR>This team comprises a mix of independent and non-executive directors, contributing to the governance and strategic direction of the company.

Who are the top shareholders of the Jio Financial?

The top shareholders of Jio Financial include Srichakra Commercials LLP with 11.64%, mutual funds with 6.58%, foreign institutional investors at 11.66%, and the Life Insurance Corporation of India holding 6.13%, while individual investors own 22.39% of the shares.

The top shareholders of Jio Financial include several key players. The majority of the shares are held by promoters, with Srichakra Commercials LLP being the promoter with the highest holding at 11.64%. Additionally, mutual funds collectively hold 6.58% of the shares through 42 schemes, while foreign institutional investors (FIIs) account for 11.66% with 680 FIIs involved. The highest public shareholder is the Life Insurance Corporation of India, which holds 6.13%. Individual investors also have a significant presence, owning 22.39% of the shares.

How big is Jio Financial?

As of 24th July, Jio Financial Services Ltd has a market capitalization of 200,319.00 Cr, with recent net sales of 2,237.55 Cr and a net profit of 1,624.62 Cr. Shareholder's funds are 1,39,147.66 Cr and total assets are 1,44,862.76 Cr as of March 2024.

As of 24th July, Jio Financial Services Ltd has a market capitalization of 200,319.00 Cr and is classified as a Large Cap company.<BR><BR>In the latest four quarters, Jio Financial reported Net Sales of 2,237.55 Cr and a Net Profit of 1,624.62 Cr.<BR><BR>The latest annual period for the balance sheet is March 2024, where Shareholder's Funds amounted to 1,39,147.66 Cr and Total Assets were 1,44,862.76 Cr.

Are Jio Financial latest results good or bad?

Jio Financial Services' latest Q2 FY26 results show strong revenue growth with a net profit of ₹477.87 crore, up 62.98% QoQ, but declining operating margins due to rising costs raise concerns about operational challenges. Overall, the results reflect a mix of positive growth potential and caution for investors.

Jio Financial Services' latest results for Q2 FY26 reflect a mixed performance. On the positive side, the company reported a net profit of ₹477.87 crore, which is a significant increase of 62.98% quarter-on-quarter and 3.13% year-on-year. Additionally, net sales surged by 60.24% QoQ to ₹981.39 crore, demonstrating strong revenue growth.<BR><BR>However, there are concerns regarding margin compression. The operating margin (excluding other income) decreased to 70.15%, down from 74.60% in the previous quarter and 79.75% a year ago. This decline is attributed to rising employee costs and increased interest expenses, which jumped 37.49% QoQ. The profit after tax (PAT) margin improved slightly to 48.69% from 47.87% QoQ, but it has decreased significantly from 66.81% in the same quarter last year.<BR><BR>Overall, while the revenue and profit figures indicate robust growth, the declining margins and rising costs suggest operational challenges that the company needs to address. Investors may view the results as a mix of positive growth potential and caution due to the margin pressures.

How has been the historical performance of Jio Financial?

Jio Financial has shown significant growth in net sales and profits over the past three years, with net sales rising from 41.63 Cr in March 2023 to 2,042.91 Cr in March 2025, and profit after tax increasing from 31.25 Cr to 1,219.77 Cr in the same period, despite fluctuations in cash flow and total assets.

Answer:<BR>The historical performance of Jio Financial shows significant growth over the past three years, particularly in net sales and profit metrics.<BR><BR>Breakdown:<BR>Jio Financial's net sales increased dramatically from 41.63 Cr in March 2023 to 1,853.88 Cr in March 2024, and further to 2,042.91 Cr in March 2025. The total operating income followed a similar trend, rising from 41.63 Cr in March 2023 to 1,853.88 Cr in March 2024, and reaching 2,042.91 Cr in March 2025. Operating profit (PBDIT) also saw substantial growth, moving from 49.34 Cr in March 2023 to 1,559.16 Cr in March 2024, and slightly decreasing to 1,584.26 Cr in March 2025. Profit before tax increased from 49.34 Cr in March 2023 to 1,527.37 Cr in March 2024, and further to 1,554.09 Cr in March 2025. Profit after tax showed a similar upward trajectory, rising from 31.25 Cr in March 2023 to 1,176.03 Cr in March 2024, and reaching 1,219.77 Cr in March 2025. The consolidated net profit for March 2025 was 1,612.59 Cr, compared to 1,604.55 Cr in March 2024 and 31.25 Cr in March 2023. On the balance sheet, total assets increased from 1,14,929.57 Cr in March 2023 to 1,44,862.76 Cr in March 2024, but then decreased to 1,33,499.98 Cr in March 2025. Total liabilities also rose from 1,14,929.57 Cr in March 2023 to 1,44,862.76 Cr in March 2024, before declining to 1,33,499.98 Cr in March 2025. The cash flow from operating activities turned negative, showing -10,083.00 Cr in March 2025, compared to -677.00 Cr in March 2024, while cash flow from investing activities improved to 6,406.00 Cr in March 2025. Overall, Jio Financial has demonstrated strong revenue growth and profitability, despite fluctuations in cash flow and total assets.

Is Jio Financial technically bullish or bearish?

As of December 3, 2025, the technical trend has shifted to bearish, with key indicators like the MACD and Bollinger Bands on the weekly chart confirming this sentiment, despite mildly bullish daily moving averages.

As of 3 December 2025, the technical trend has changed from mildly bullish to sideways. The current technical stance is bearish, driven by several key indicators. The MACD on a weekly basis is mildly bearish, and the Bollinger Bands also indicate a bearish trend on the weekly chart. The KST and OBV are both mildly bearish on the weekly timeframe, reinforcing the negative sentiment. Moving averages on the daily chart show a mildly bullish stance, but this is overshadowed by the overall bearish signals from the weekly indicators. The stock has underperformed compared to the Sensex over the past week and month, further indicating weakness in the current market environment.

When is the next results date for Jio Financial Services Ltd?

The next results date for Jio Financial Services Ltd is January 15, 2026.

The next results date for Jio Financial Services Ltd is scheduled for January 15, 2026.

Should I buy, sell or hold Jio Financial Services Ltd?

Why is Jio Financial Services Ltd falling/rising?

As of 17-Mar, Jio Financial Services Ltd's stock price is rising to 237.60, reflecting a 1.45% increase after two days of decline. Despite a drop in investor participation and some financial challenges, the stock shows strong long-term fundamentals and institutional confidence.

As of 17-Mar, Jio Financial Services Ltd's stock price is rising, currently at 237.60, reflecting a change of 3.4 (1.45%) upward. This increase can be attributed to a trend reversal, as the stock has gained after two consecutive days of decline. Additionally, it has outperformed its sector by 0.65% today, indicating a relative strength compared to its peers.<BR><BR>Despite a recent decline in investor participation, with delivery volume falling by 26.58% against the 5-day average, the stock maintains strong long-term fundamentals. The company has demonstrated impressive growth in operating profits at a compound annual growth rate (CAGR) of 462.61% and net sales growth at an annual rate of 600.50%. Furthermore, high institutional holdings at 27.1% suggest confidence from more sophisticated investors who are likely to analyze the company's fundamentals more thoroughly.<BR><BR>However, it is important to note that the stock has faced challenges, including flat results in December, with a significant drop in profit before tax and profit after tax compared to previous quarters. The company's return on equity (ROE) is low at 1.2, and it has a high valuation with a price-to-book ratio of 1.1. Despite these concerns, the recent price movement indicates a positive response from the market, likely driven by the company's long-term growth potential and institutional backing.

Why is Jio Financial Services Ltd falling/rising?

As of 18-Mar, Jio Financial Services Ltd's stock price is rising to 248.25, driven by short-term gains and strong institutional support, despite concerns over recent flat earnings and high valuation metrics.

As of 18-Mar, Jio Financial Services Ltd's stock price is rising, currently at 248.25, reflecting an increase of 10.65 or 4.48%. This upward movement can be attributed to several factors. Firstly, the stock has outperformed its sector by 3.13% today and has been on a consecutive gain streak for the last two days, accumulating a total return of 6% during this period. Additionally, the stock reached an intraday high of Rs 250.4, indicating strong trading activity.<BR><BR>In the short term, the stock has shown resilience, with a weekly performance of +4.02%, contrasting with a slight decline in the benchmark Sensex, which fell by 0.21%. Furthermore, the company demonstrates strong long-term fundamental strength, evidenced by a remarkable 462.61% compound annual growth rate (CAGR) in operating profits and a 600.50% annual growth rate in net sales. The high institutional holdings at 27.1% suggest confidence from larger investors who typically have more resources to analyze company fundamentals.<BR><BR>However, it is important to note that while the stock is currently rising, there are underlying concerns that could affect its long-term performance. The company reported flat results in its latest quarterly earnings, with a significant decline in profit before tax (PBT) and profit after tax (PAT) compared to previous quarters. Additionally, the stock is considered expensive with a price-to-book value of 1.2, and despite a 10.24% return over the past year, profits have only increased by 1%. <BR><BR>In summary, the current rise in Jio Financial Services Ltd's stock price is supported by short-term gains, strong institutional backing, and impressive long-term growth metrics, despite some concerning financial results that may impact future performance.

Why is Jio Financial Services Ltd falling/rising?

As of 19-Mar, Jio Financial Services Ltd's stock price has declined to 239.45, reflecting a drop of -3.54%. This decline is driven by negative market trends, disappointing financial results, and high valuation concerns.

As of 19-Mar, Jio Financial Services Ltd is experiencing a decline in its stock price, currently at 239.45, which reflects a change of -8.8 or -3.54%. This drop can be attributed to several factors highlighted in the recent performance data. <BR><BR>Today, the stock opened with a loss of -2.28% and reached an intraday low of Rs 237.6, marking a decrease of -4.29%. Additionally, the stock has fallen after two consecutive days of gains, indicating a trend reversal. The broader finance/NBFC sector has also seen a decline of -3.83%, which may be influencing Jio Financial Services Ltd's performance.<BR><BR>In terms of recent returns, the stock has underperformed over various periods, with a year-to-date decline of -18.82%, compared to a -12.92% drop in the Sensex. Furthermore, the stock's performance over the last month shows a decrease of -7.46%, while the Sensex fell by -10.05%. Although the stock has outperformed its sector by 0.3% today, the overall negative sentiment and recent financial results contribute to its current downward trajectory.<BR><BR>The company's financial health is also a concern, as evidenced by flat results in December, with a significant drop in profit before tax (PBT) and profit after tax (PAT) compared to previous quarters. The cash and cash equivalents are at their lowest, which raises questions about liquidity. Additionally, the stock is considered to have a very expensive valuation with a price-to-book value of 1.1, despite a relatively low return on equity (ROE) of 1.2.<BR><BR>In summary, the combination of a negative market trend, disappointing financial results, and high valuation concerns are key factors contributing to the decline in Jio Financial Services Ltd's stock price.

Why is Jio Financial Services Ltd falling/rising?

As of 20-Mar, Jio Financial Services Ltd's stock price is declining at 239.15, down 0.3% over the last two days and 7.52% over the past month. Despite strong long-term fundamentals, immediate concerns about profitability and valuation are contributing to bearish investor sentiment.

As of 20-Mar, Jio Financial Services Ltd is experiencing a slight decline in its stock price, currently at 239.15, which reflects a change of -0.3 (-0.13%). The stock has been under pressure, having fallen for the last two consecutive days, resulting in a total decline of -3.67% during this period. This downward trend is further exacerbated by the fact that the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish sentiment among investors.<BR><BR>Despite outperforming its sector by 0.44% today, the stock's performance over the past month shows a significant decline of -7.52%, while the year-to-date performance reveals a drop of -18.92%. The recent flat results reported for the quarter ending December 25, which included a -21.2% fall in profit before tax and a -33.1% decline in profit after tax compared to the previous four-quarter average, have likely contributed to the negative sentiment surrounding the stock.<BR><BR>Additionally, while there are strong long-term fundamentals, such as a 462.61% compound annual growth rate in operating profits and high institutional holdings at 27.1%, these factors have not been sufficient to counterbalance the immediate concerns regarding profitability and valuation. The stock's high price-to-book value of 1.1, combined with a low return on equity of 1.2, suggests that it may be perceived as overvalued compared to its peers, further influencing the downward pressure on its price.

Why is Jio Financial Services Ltd falling/rising?

As of 23-Mar, Jio Financial Services Ltd is facing a stock price decline to 226.15, down 5.44%, with significant selling pressure and underperformance against the sector. The company has reported poor financial results, including a drop in profits and liquidity concerns, contributing to a bearish trend in its stock performance.

As of 23-Mar, Jio Financial Services Ltd is experiencing a decline in its stock price, currently at 226.15, which reflects a change of -13.0 (-5.44%). The stock has been underperforming, having fallen for the last three consecutive days, resulting in a total decline of -8.9% during this period. Additionally, the stock's performance today has underperformed the sector by -1.64%. <BR><BR>The stock has also touched an intraday low of Rs 225.25, indicating significant selling pressure. It is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, which suggests a bearish trend. The finance/NBFC sector as a whole has fallen by -3.9%, contributing to the stock's decline.<BR><BR>Financial results have not been favorable, with a significant drop in profit before tax (PBT) and profit after tax (PAT) compared to previous quarters. Specifically, PBT has decreased by -21.2% and PAT has fallen by -33.1% against the previous four-quarter average. Furthermore, the company has reported its lowest cash and cash equivalents at Rs 3.66 crore, raising concerns about liquidity.<BR><BR>Despite some positive long-term fundamentals, such as a strong growth rate in operating profits and net sales, the current valuation appears expensive with a return on equity (ROE) of only 1.2 and a price-to-book value of 1.1. The stock's performance over the past year has been lackluster, with a return of -1.29%, while profits have only marginally increased by 1%. These factors combined indicate a challenging environment for Jio Financial Services Ltd, leading to its current decline in stock price.

Why is Jio Financial Services Ltd falling/rising?

As of 24-Mar, Jio Financial Services Ltd's stock price is rising to 232.75, reflecting a 2.92% increase due to improved investor interest and strong long-term growth potential, despite trading below moving averages. The stock has outperformed its sector and shows a significant rise in delivery volume, indicating renewed confidence among investors.

As of 24-Mar, Jio Financial Services Ltd's stock price is rising, currently at 232.75, reflecting a change of 6.6 (2.92%) upward. This increase can be attributed to several factors. Firstly, the stock has outperformed its sector by 0.6%, indicating a relative strength compared to its peers. Additionally, it has experienced a trend reversal, gaining after three consecutive days of decline, which may signal renewed investor interest.<BR><BR>The stock opened with a gap up of 3.27% today and reached an intraday high of Rs 233.95, showcasing positive momentum. Furthermore, there has been a notable increase in investor participation, with delivery volume rising by 55.2% compared to the five-day average, suggesting that more investors are willing to buy the stock.<BR><BR>Despite these positive indicators, it is important to note that Jio Financial Services is trading below its moving averages across various time frames, which could indicate underlying weaknesses. However, the finance/NBFC sector overall has gained by 2.38%, contributing to the stock's upward movement.<BR><BR>On a fundamental level, the company demonstrates strong long-term growth potential, with net sales increasing at an annual rate of 600.50% and operating profits growing at 462.61%. High institutional holdings at 27.1% also suggest confidence from larger investors, who typically have more resources to analyze the company's fundamentals.<BR><BR>In summary, the stock's rise can be attributed to a combination of positive short-term performance, increased investor interest, and strong long-term growth fundamentals, despite some concerns regarding its recent trading patterns and valuation metrics.

Why is Jio Financial Services Ltd falling/rising?

As of 25-Mar, Jio Financial Services Ltd's stock price has risen to 237.35, reflecting a 1.98% increase, following two days of gains. Despite underperforming its sector and trading below moving averages, increasing investor participation and strong long-term growth potential suggest positive sentiment.

As of 25-Mar, Jio Financial Services Ltd is experiencing a rise in its stock price, currently at 237.35, reflecting an increase of 4.6 (1.98%). This upward movement follows a trend of consecutive gains over the last two days, during which the stock has returned 4.95%. Additionally, the stock reached an intraday high of Rs 240.9, indicating positive momentum within the trading session.<BR><BR>Despite this recent rise, the stock has underperformed its sector by 0.94% today and is trading below its moving averages across various time frames, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. However, the finance/NBFC sector has gained by 2.91%, which may contribute to some positive sentiment around Jio Financial Services.<BR><BR>Investor participation appears to be increasing, with a delivery volume of 78.69 lacs on 24 March, up by 0.95% compared to the 5-day average. This suggests a growing interest among investors, which can support the stock's price rise.<BR><BR>On the fundamental side, the company shows strong long-term growth potential with a remarkable 462.61% compound annual growth rate (CAGR) in operating profits and a 600.50% annual growth rate in net sales. Furthermore, the high institutional holdings at 27.1% indicate confidence from larger investors who typically have more resources to analyze the company's fundamentals.<BR><BR>However, it is important to note that the company has faced challenges, such as flat results in December 2025, with a significant decline in profit before tax (PBT) and profit after tax (PAT) compared to previous quarters. Despite these concerns, the recent price increase may reflect a short-term recovery or investor optimism based on the company's long-term growth prospects.

Which are the latest news on Jio Financial?