Jio Financial Services Limited (JIOFIN) AI Stock Analysis

• Market Cap: ₹1.92T
• Dividend Yield: 0.16%
• Average Volume (3M): 778.45K
• Price to Earnings (P/E): 117.6
• Beta (1Y): 1.48
• Revenue Growth: 33.17%
• EPS Growth: 1.52%
• Country: IN
• Employees: 9
• Sector: Financial
• Sector Strength: 70
• Industry: Asset Management
• EPS (TTM): 1.09
• Shares Outstanding: 6,353,141,600
• 10 Day Avg. Volume: 873,636
• 30 Day Avg. Volume: 778,448
• PEG Ratio: 229.51
• Price to Book (P/B): 1.18
• Price to Sales (P/S): 82.78
• P/FCF Ratio: -14.45
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: Hold
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 67 Neutral
• Price Target: ₹332.00 ▲(8.98% Upside)

Jio Financial Services Limited's overall stock score is primarily driven by its strong financial performance, with impressive revenue growth and profitability. However, technical indicators suggest a bearish trend, and the stock appears overvalued with a high P/E ratio and low dividend yield. These factors combined result in a moderate overall score.

Positive Factors

Revenue Growth

The company's strong revenue growth indicates successful market expansion and product adoption, which is crucial for long-term business sustainability.

Profit Margins

High profit margins suggest efficient operations and pricing power, which can provide a buffer against market fluctuations and support future growth.

Financial Stability

A strong equity base provides financial stability and flexibility, allowing the company to invest in growth opportunities without over-relying on debt.

Negative Factors

Cash Flow Management

Persistent negative free cash flow could strain financial resources, limiting the company's ability to invest in new projects or weather economic downturns.

Debt Utilization

Under-leverage might indicate missed opportunities to fund expansion or enhance returns through strategic debt, potentially limiting growth.

Sustainability of Income Growth

While recent income growth is strong, its sustainability is uncertain, which could impact future profitability and investor confidence if growth slows.

Jio Financial Services Limited Business Overview & Revenue Model

Company Description

Jio Financial Services Limited (JIOFIN) is a prominent entity in the financial services sector in India, primarily focusing on providing a wide range of financial solutions. As a subsidiary of Reliance Industries Limited, JIOFIN is involved in offering services such as digital payments, lending, insurance, asset management, and other financial products tailored to meet the diverse needs of its customers. The company leverages technology and innovation to enhance financial inclusion and deliver efficient financial services across the Indian market.

How the Company Makes Money

Jio Financial Services Limited generates revenue through multiple streams. Primarily, the company earns money by offering digital payment solutions, which include transaction fees from merchants and service charges on payment processing. Additionally, its lending services contribute to revenue through interest income on loans provided to individuals and businesses. JIOFIN's insurance products generate premium income, while its asset management division earns through management fees on the assets under management. Strategic partnerships with banks, fintech companies, and other financial institutions further enhance its service offerings and expand its customer reach, contributing to its overall revenue.

Jio Financial Services Limited Financial Statement Overview

Summary

Jio Financial Services Limited demonstrates robust growth and profitability, particularly evident in its income statement with a high revenue growth rate and strong profit margins. The balance sheet is stable with high equity, though under-leveraged. Cash flow management needs improvement due to negative free cash flow, despite improving operating cash flow.

Income Statement

Jio Financial Services Limited has shown impressive revenue growth with a CAGR of approximately 139% over the last five years. The gross profit and net profit margins are high, indicating strong profitability. However, the sharp increase in net income in recent years may not be sustainable long-term, but current margins are impressive.

Balance Sheet

The company maintains a solid equity base with an equity ratio of around 92%, indicating financial stability. However, a low debt-to-equity ratio suggests under-leverage, which could be a strategic choice or a missed opportunity for growth through debt. The high stockholder equity is a strength but should be carefully managed.

Cash Flow

The company reports negative free cash flow due to substantial capital expenditures, which could be a concern if negative cash flows persist. However, the company’s operating cash flow is improving, which is a positive sign for its ability to cover net income and other financial obligations.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	19.84B	17.67B	17.98B	234.80M	15.44M	13.54M
Gross Profit	18.36B	17.43B	17.72B	516.90M	15.44M	2.49M
EBITDA	16.31B	16.39B	9.21B	438.40M	14.12M	2.29B
Net Income	16.25B	16.13B	16.05B	312.50M	1.68B	1.23B
Balance Sheet
Total Assets	0.00	1.34T	1.45T	1.15T	222.81M	20.60B
Cash, Cash Equivalents and Short-Term Investments	0.00	39.59B	165.19B	60.44B	51.00K	3.60M
Total Debt	0.00	9.83B	1.31B	7.43B	404.00M	0.00
Total Liabilities	-1.23T	100.13B	57.15B	8.09B	900.00K	2.40M
Stockholders Equity	1.23T	1.23T	1.39T	1.14T	22.28B	20.60B
Cash Flow
Free Cash Flow	0.00	-101.25B	-6.78B	20.55B	12.30M	243.41M
Operating Cash Flow	0.00	-100.83B	-6.78B	20.55B	12.30M	243.41M
Investing Cash Flow	0.00	64.06B	14.41B	-11.66B	-12.29M	16.32M
Financing Cash Flow	0.00	39.62B	-7.53B	-8.89B	0.00	-259.75M

Jio Financial Services Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 304.65
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:JIOFIN, the sentiment is Negative. The current price of 304.65 is below the 20-day moving average (MA) of 305.39, below the 50-day MA of 306.46, and above the 200-day MA of 285.30, indicating a neutral trend. The MACD of -0.63 indicates Positive momentum. The RSI at 47.85 is Neutral, neither overbought nor oversold. The STOCH value of 48.90 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:JIOFIN.

Jio Financial Services Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
CHOLAFIN	73 Outperform	₹1.48T	33.14	―	0.12%	27.30%	20.42%
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
SHRIRAMFIN	67 Neutral	₹1.50T	15.18	―	1.21%	21.24%	22.61%
JIOFIN	67 Neutral	₹1.92T	117.63	―	0.16%	33.17%	1.52%
BAJAJFINSV	65 Neutral	₹3.31T	34.72	―	0.05%	16.27%	13.70%
PFC	65 Neutral	₹1.31T	5.38	―	4.52%	13.05%	16.78%
BAJAJHLDNG	59 Neutral	₹1.34T	16.00	―	0.81%	-36.61%	15.01%

Jio Financial Services Limited Corporate Events

Jio Financial Services Appoints New Secretarial Auditor

Jio Financial Services Limited has announced a change in its secretarial auditor, appointing S. N. Ananthasubramanian & Co. for a five-year term starting from the financial year 2025-26. The appointment was approved at the company’s second annual general meeting post-listing, reflecting Jio Financial’s commitment to maintaining robust compliance and governance standards. This move is expected to enhance the company’s operational transparency and strengthen its position in the financial services sector.