Is JM Financial (JMFINANCIL) overvalued or fairly valued?

MarketChacha shows JM Financial's valuation in context — a forward P/E of about 8.3, a price-to-book of about 1.1 — alongside its revenue and profit growth and whether reported profit converts into operating cash, so you can judge value for yourself. MarketChacha does not issue ratings, price targets, or buy/sell advice.

What is JM Financial's revenue?

JM Financial reported revenue of ₹2,862 Cr for FY2026, with net profit of ₹1,202 Cr, per official filings.

What is the share price of JM Financial (JMFINANCIL)?

JM Financial last traded at ₹124.39 (+0.5% on the day), as of 7/22/2026 — a delayed quote shown for education, not investment advice.

JM Financial

JMFINANCIL · NSE · NBFC · India

₹124.39+0.5%

Delayed · as reported by Yahoo Finance · as of Jul 22, 2026, 10:00 AM

Snapshot

TickerJMFINANCIL

ExchangeNSE

SectorNBFC

IndustryCapital Markets

CountryIndia

Employees5,250

HeadquartersMumbai, India

Market cap₹11,904 Cr

P/B1.1

Volume17.77L

Websitewww.jmfl.com

Filings tracked0

About JM Financial

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.

Profile as reported by Yahoo Finance.

Who owns it

Promoters24.6%
Institutions48.8%
Public & other26.7%

49 institutional holders

As reported by Yahoo Finance. Promoter pledge is not included here — that comes from exchange shareholding filings.

Forensic scorecard

No major accounting red flags in the fundamentals we have — profit is backed by cash and returns look healthy.

Net margin trend20.9% → 42.0%

Margin has expanded by about 21.1 points — the business is getting more profitable.

Growth qualityrev -12% · PAT 16%

Profit growth is broadly tracking revenue growth — the earnings trend looks operational rather than one-off.

Computed by MarketChacha from reported figures (Yahoo Finance). Education, not a rating or recommendation.

What's expected next

Next fiscal year

Rev ₹3,642 Cr · EPS 14.90

Est. earnings growth +16.4%

Analyst consensus estimates — not the company's own guidance. As reported by Yahoo Finance.

₹112.0052-wk range₹199.80

Delayed · as reported by Yahoo Finance

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Financials at a glance

Source: Yahoo Finance

Annual

Quarterly · last 4

Market cap

₹11,904 Cr

Day change

+0.5%

Fwd P/E

8.3

P/B

1.1

Div yield

1.41%

Beta

0.29

Revenue (FY2026)

₹2,862 Cr

Net margin

42.0%

Revenue CAGR (2y)

-12.1%

Profit CAGR (3y)

+15.8%

Net profit (FY2026)

₹1,202 Cr

Market figures: Delayed · as reported by Yahoo Finance. Financials as reported in company filings.

Ask MarketChacha about JMFINANCIL

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Financials

Yearly

Period	Revenue	Net profit	Net margin
FY2026	₹2,862 Cr	₹1,202 Cr	42.0%
FY2025	—	₹821 Cr	—
FY2023	₹3,343 Cr	₹597 Cr	17.9%
FY2022	₹3,707 Cr	₹773 Cr	20.9%

Quarterly

Period	Net profit
2022Q4	₹190 Cr
2022Q3	₹180 Cr
2022Q2	₹170 Cr
2022Q1	₹179 Cr

Figures as reported, in ₹ (crore). Source: Yahoo Finance.

In the news

Education and discussion only — not investment advice. Financials from official filings (SEC/BSE) and reported company statements; market figures (delayed · as reported by yahoo finance) are delayed and shown for reference only. Verify with the linked sources before acting.