JM Financial Limited (JMFINANCIL) AI Stock Analysis

• Market Cap: ₹132.93B
• Dividend Yield: 2.93%
• Average Volume (3M): 251.31K
• Price to Earnings (P/E): 11.6
• Beta (1Y): 1.80
• Revenue Growth: -10.92%
• EPS Growth: 152.70%
• Country: IN
• Employees: 290
• Sector: Financial
• Sector Strength: 70
• Industry: Financial - Capital Markets
• EPS (TTM): 2.82
• Shares Outstanding: 956,335,900
• 10 Day Avg. Volume: 238,174
• 30 Day Avg. Volume: 251,307
• PEG Ratio: 0.11
• Price to Book (P/B): 0.95
• Price to Sales (P/S): 2.17
• P/FCF Ratio: 1.67
• 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: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 66 Neutral
• Price Target: ₹162.00 ▲(16.55% Upside)

The overall stock score for JM Financial Limited is driven primarily by its solid financial performance and attractive valuation. However, bearish technical indicators and high leverage are significant concerns. The stock's low P/E ratio and dividend yield offer potential value, but caution is advised due to the current negative market momentum.

Positive Factors

Profitability

Strong EBIT and EBITDA margins indicate effective cost management and operational efficiency, contributing to long-term profitability.

Cash Flow Generation

Strong free cash flow generation enhances financial flexibility, enabling reinvestment in growth opportunities and debt reduction.

Brand Presence

A strong brand and institutional partnerships enhance market position and provide a competitive edge in attracting and retaining clients.

Negative Factors

High Leverage

High leverage increases financial risk, potentially straining cash flow and limiting the company's ability to invest in growth.

Inconsistent Revenue Growth

Inconsistent revenue growth can hinder long-term planning and investment, affecting the company's ability to scale operations.

Low Operating Cash Flow

Low operating cash flow conversion can indicate inefficiencies in cash management, impacting liquidity and operational flexibility.

JM Financial Limited Business Overview & Revenue Model

Company Description

JM Financial Limited provides various integrated and diversified financial services to corporations, financial institutions, high net-worth individuals, and retail customers in India. The company operates through four segments: Investment Bank, Mortgage Lending, Alternative & Distressed Credit, and Asset Management, Wealth Management & Securities Business (Platform AWS). The Investment Bank segment manages capital markets transactions, as well as advises on mergers and acquisitions, and private equity syndication. This segment also engages in institutional equities business and research, private equity funds, fixed income, syndication, and finance. The Mortgage Lending segment provides finance against commercial and residential real estate to a range of corporates and non-corporate clients. This segment also engages in educational institutions lending and housing finance businesses. The Alternative & Distressed Credit segment provides securitization and reconstruction of financial assets and manages alternative credit funds. The Platform AWS segment provides investment advisory and distribution services, which include equity brokerage, wealth management, and capital market lending for wealth management and broking clients, as well as distributes financial products; and manages mutual fund assets through various schemes. JM Financial Limited was founded in 1973 and is headquartered in Mumbai, India.

How the Company Makes Money

JM Financial generates revenue through various channels, primarily by charging fees for investment banking services, including mergers and acquisitions advisory, capital raising, and underwriting services. The company also earns income from asset management through management fees on mutual funds and other investment products. Additionally, JM Financial's wealth management division generates revenue from advisory fees and commissions on client investments. The company's securities broking services contribute to its earnings through brokerage fees on trades executed by clients. Significant partnerships with institutional clients and a strong brand presence in the financial services sector further bolster its revenue streams.

JM Financial Limited Financial Statement Overview

Summary

Income Statement

Balance Sheet

Cash Flow

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	43.32B	40.27B	42.54B	32.47B	37.53B	32.32B
Gross Profit	31.46B	27.22B	26.93B	20.69B	26.72B	21.21B
EBITDA	14.08B	10.61B	4.06B	9.94B	13.86B	11.07B
Net Income	11.04B	8.21B	4.10B	5.97B	7.73B	5.90B
Balance Sheet
Total Assets	0.00	245.04B	297.64B	293.70B	258.14B	233.75B
Cash, Cash Equivalents and Short-Term Investments	0.00	5.40B	22.41B	5.24B	12.63B	8.26B
Total Debt	0.00	115.07B	162.28B	159.39B	134.98B	123.69B
Total Liabilities	-102.30B	142.74B	187.08B	181.01B	151.89B	136.99B
Stockholders Equity	102.30B	97.28B	84.91B	81.36B	76.86B	70.00B
Cash Flow
Free Cash Flow	0.00	55.35B	24.61B	-25.73B	-32.20B	9.63B
Operating Cash Flow	0.00	55.69B	25.15B	-24.49B	-32.03B	9.69B
Investing Cash Flow	0.00	-24.75B	-20.90B	-4.51B	26.16B	-22.49B
Financing Cash Flow	0.00	-47.86B	1.62B	21.53B	10.24B	12.96B

JM Financial Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 139.00
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:JMFINANCIL, the sentiment is Negative. The current price of 139 is below the 20-day moving average (MA) of 144.86, below the 50-day MA of 147.26, and below the 200-day MA of 146.32, indicating a bearish trend. The MACD of -1.09 indicates Positive momentum. The RSI at 39.44 is Neutral, neither overbought nor oversold. The STOCH value of 22.36 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:JMFINANCIL.

JM Financial Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
JMFINANCIL	66 Neutral	₹132.93B	11.63	―	2.93%	-10.92%	152.70%
IIFL	66 Neutral	₹275.95B	32.13	―	―	8.01%	-20.87%
RELIGARE	62 Neutral	₹81.68B	77.72	―	―	8.35%	-50.99%
EDELWEISS	55 Neutral	₹101.04B	23.40	―	1.37%	-19.77%	-11.03%
INDIASHLTR	55 Neutral	₹85.29B	19.00	―	0.60%	35.30%	41.06%
CGCL	52 Neutral	₹176.99B	22.40	―	0.11%	43.41%	109.52%

JM Financial Limited Corporate Events

JM Financial Opens Special Window for Share Transfer Requests

JM Financial Limited has announced a special window for the re-lodgement of transfer requests for physical shares. This initiative, publicized through newspaper advertisements, aims to facilitate the transfer process for shareholders, potentially impacting the company’s shareholder engagement and compliance with regulatory requirements.