Is JM Financial (JMFINANCIL) overvalued or fairly valued?

MarketChacha shows JM Financial's valuation in context — a forward P/E of about 7.8, 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 ₹117.24 (-3.4% on the day), as of 10/19/2026 — a delayed quote shown for education, not investment advice.

JM Financial

JMFINANCIL · NSE · NBFC · India

Snapshot

TickerJMFINANCIL

ExchangeNSE

SectorNBFC

IndustryCapital Markets

CountryIndia

Employees5,250

HeadquartersMumbai, India

Websitewww.jmfl.com

Filings tracked7

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. It operates through Corporate Advisory and Capital Markets; Wealth and Asset Management; Private Markets; and Affordable Home Loans segments. The Corporate Advisory and Capital Markets segment caters to institutional, corporate, promoters, government and clients, including investment banking, and institutional equities and research. The Wealth and Asset Management segment provides wealth management business, broking, PMS, Equity and Debt AIFs, and mutual fund business. The Private Market segment comprises of private credit, such as corporate, bespoke, real estate and distressed credit; and Private equity funds, REITs, etc. The Affordable Home Loans segment provides affordable home loans including the affordable housing finance business. 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.

Who owns it

Promoters24.6%
Institutions50.3%
Public & other25.2%

53 institutional holders

Ownership breakdown from public market data. 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 ₹3,659 Cr · EPS 15.00

Est. earnings growth +14.5%

Analyst consensus estimates — not the company's own guidance.

New to these terms?

P/E ROE ROCE Margins Market cap

Browse the Learn hub →

Financials at a glance

Source: Yahoo Finance

Annual

Quarterly · last 4

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

Ask MarketChacha about JMFINANCIL

Get a cited, plain-English answer — the “why”, not just data. Finance research only, never buy/sell advice.

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
Q3 FY23	₹190 Cr
Q2 FY23	₹180 Cr
Q1 FY23	₹170 Cr
Q4 FY22	₹179 Cr

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

Filings & announcements

2026

Disclosure Under Regulation 30 Of The SEBI Listing Regulations
Please find enclosed intimation under Regulation 30 of the SEBI Listing Regulations.
BSE9/10/2026
Disclosure Under Regulation 30 Of The SEBI Listing Regulations
Please find attached intimation under Regulation 30 of SEBI Listing Regulations with respect to the ESG Rating provided by Crisil ESG Ratings & Analytics Limited
BSE8/25/2026
Disclosure Under Regulation 30 Of SEBI Listing Regulations
Please find attached intimation under Regulation 30 of SEBI Listing Regulations with respect to the ESG Rating provided by ESG Risk Assessments & Insights Limited
BSE8/20/2026
Shareholder Meeting / Postal Ballot-Scrutinizer''s Report
Please find attached Scrutiniser''s Report
BSE8/4/2026material
Shareholder Meeting / Postal Ballot-Outcome of AGM
Please find attached the summary of the proceedings of the 41st AGM of the Company held on August 3, 2026 at 4:00 pm
BSE8/4/2026material
Investor Presentation
Please find enclosed Investor presentation.
BSE8/3/2026
Change in Management
Pursuant to Regulation 30 of SEBI Listing Regulations we wish to inform you that Mr. Chirag Negandhi has ceased to be a Senior Management Person of the Company, with effect from the close ....
BSE7/23/2026

In the news

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