Jio Financial Services Ltd Analyst Rating
based on 1 analysts
0.00%
Buy
100.00%
Hold
0.00%
Sell
Based on 1 analysts offering long term price targets for Jio Financial Services Ltd. An average target of ₹350
Source: S&P Global Market Intelligence
Jio Financial Services Ltd Share analysis
Jio Financial Services Ltd price forecast by 1 analysts
Upside of5.95%
High
₹350
Target
₹350.00
Low
₹350
Jio Financial Services Ltd target price ₹350, a slight upside of 5.95% compared to current price of ₹327.2. According to 1 analysts rating.
Excluding Excise Duty and Other Income, represents Net Revenue
Jio Financial Services Ltd revenue growth forecast
Forecast
Actual
Including amortisation and stock based compensations
Jio Financial Services Ltd EPS growth forecast
Forecast
Actual
Source: S&P Global Market Intelligence
Jio Financial Services Ltd Performance
Day's Low
Day's High
₹326.05₹334.452 Week's Low
52 Week's High
₹204.25₹394.7
| Returns % | |
| 1 Month Return | -6.75 % |
| 3 Month Return | -3.11 % |
| 1 Year Return | + 59.9 % |
| Market Stats | |
| Previous Close | ₹330.35 |
| Open | ₹334.40 |
| Volume | 84.05L |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹2,09,880.74Cr |
Jio Financial Services Ltd Key Statistics
| P/E Ratio | 130.57 |
| PEG Ratio | -0.08 |
| Market Cap | ₹2,09,880.74 Cr |
| P/B Ratio | 9.2 |
| EPS | 2.53 |
| Dividend Yield | 0 |
| Sector | Finance |
| ROE | 1.58 |
Jio Financial Services Ltd Peer Comparison
Company | Analyst View | Market Cap | 5 Year CAGR | Debt to Asset Ratio | Net Profit | Yearly Revenue |
|---|---|---|---|---|---|---|
| HOLD | ₹2,09,880.74 Cr | 6.54% | 0.50 | ₹1,604 Cr | ₹1,854 Cr | |
| NA | ₹1,92,995.70 Cr | 99.1% | 0.95 | NA | NA | |
| BUY | ₹1,55,995.81 Cr | 96.43% | 0.92 | ₹26,461 Cr | ₹91,508 Cr | |
| BUY | ₹1,00,607.94 Cr | 11.18% | 0.50 | ₹1,942 Cr | ₹3,159 Cr | |
| ₹1,16,036.07 Cr | -3.11% | 0.92 | NA | NA |
Jio Financial Services Ltd Mutual Fund Holdings
About Jio Financial Services Ltd
The company does not have any specific sub-brands yet but is positioned to leverage the extensive customer base of Jio, the telecommunications giant, to expand its operations within India. As a part of Reliance Industries, Jio Finance benefits from the conglomerate's vast infrastructure and market reach. A notable fact about Jio Finance is that it was created to disrupt the financial services market by combining technology and financial offerings, much like Jio's impact on the telecom industry. Another fact is that Jio Finance is focusing on building a digital-first approach, aiming to simplify and enhance financial services for consumers across the country.
While Jio Finance is currently focused on India, it is likely to explore opportunities for growth in other countries, particularly in markets where Reliance Industries has a presence. The company is also expected to explore potential mergers and acquisitions to strengthen its position in the financial services sector, aligning with Reliance's strategy of aggressive expansion and diversification.
Share Price: ₹327.20 per share as on 21 Oct, 2024 04:01 PM
Market Capitalisation: ₹2,09,880.74Cr as of today
Revenue: ₹919.56Cr as on September 2024 (Q3 24)
Net Profit: ₹689.07Cr as on September 2024 (Q3 24)
Listing date: 21 Aug, 2023
Chairperson Name: K V Kamath
| Organisation | Jio Financial Services Ltd |
| Headquarters | Mumbai |
| Industry | Finance |
| E-voting on shares | Click here to vote |
Key events for Jio Financial Services Ltd
Jio Financial Services Reports Strong Q2 Earnings - 21 Oct, 2024
Jio Financial Services announced a 3.1% year-on-year increase in net profit to Rs 689 crore for Q2 FY25, with revenue rising 14.1% to Rs 693.5 crore.
Jio Financial Services Reports Profit Growth and Expansion Plans - 20 Oct, 2024
Jio Financial Services is in advanced discussions with BlackRock to create a private credit venture while reporting a 3.1% YoY net profit increase to ₹689.1 crore for Q2 FY2024.
Jio Financial Services Reports Q2 Growth in Profit - 19 Oct, 2024
Jio Financial Services announced a 3% increase in net profit to Rs 689 crore for Q2 FY25, with total income rising to Rs 694 crore. The company also launched several new financial products and received RBI approval as a Core Investment Company.
Jio Financial Services Reports Q2 Growth and New Ventures - 18 Oct, 2024
Jio Financial Services announced a 3.1% rise in Q2 FY25 net profit to ₹689 crore and received SEBI approval for a mutual fund venture with BlackRock.
Jio Financial Services Partners with BlackRock for Credit Venture - 16 Oct, 2024
Jio Financial Services, led by Mukesh Ambani, is collaborating with BlackRock to establish a joint venture in the private credit sector, aiming to leverage direct lending opportunities in India.
Jio Financial Services Reports Mixed Performance Ahead of Q2 Results - 12 Oct, 2024
Jio Financial Services shares opened at Rs 341.55, closing down 0.64%. The stock has declined 1.87% over three months but is up 45.59% year-to-date. The Board will meet on October 18 to discuss Q2 results.
Jio Financial Services Enhances JioFinance App Features - 11 Oct, 2024
Jio Financial Services has launched an improved version of the JioFinance App, offering loans, savings accounts, UPI transactions, and insurance options, attracting over six million users since its beta launch.
Jio Payments Bank Gains Mutual Fund License - 10 Oct, 2024
Jio Payments Bank, part of Jio Financial Services, has obtained a mutual fund distribution license from AMFI, allowing it to distribute direct mutual fund plans and expand its financial services offerings.
Jio Financial Services Expands Stake in Payments Bank - 09 Oct, 2024
Jio Financial Services is enhancing its footprint in the financial sector by increasing its stake in Jio Payments Bank from 78.95% to 82.17% with an investment of Rs 68 crore.
Jio Financial Services Gains SEBI Nod for Mutual Fund - 07 Oct, 2024
Jio Financial Services received in-principle approval from SEBI to establish a mutual fund with BlackRock, leading to a 3% surge in share price. Market experts recommend buying shares, targeting Rs 400-415, as the company expands its business portfolio.
SEBI Approves Jio Financial Services Mutual Fund Venture - 05 Oct, 2024
Jio Financial Services receives SEBI's in-principal approval to co-sponsor a mutual fund with BlackRock, marking its entry into the mutual fund industry.
Jio Financial Services Secures SEBI Approval for Mutual Fund - 04 Oct, 2024
Jio Financial Services Ltd and BlackRock received in-principle approval from SEBI to establish a mutual fund business. However, shares fell 1.95% to Rs 338.75 post-announcement.
Insights on Jio Financial Services Ltd
Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.
POSITIVE IMPACTRetail Holding Up
Retail Investor have increased holdings from 23.36% to 24.42% in Sep 2024 quarter
- POSITIVE IMPACT
MF Holding Up
Mutual Funds have increased holdings from 4.04% to 4.17% in Sep 2024 quarter
NO EFFECTPromoter Holding Unchanged
Promoters holdings remained unchanged at 47.12% of holdings in Sep 2024 quarter
NEGATIVE IMPACTFII Holding Down
Foreign Institutions have decreased holdings from 17.48% to 16.81% in Sep 2024 quarter
- NEGATIVE IMPACT
Price Dip
In the last 6 months, JIOFIN stock has moved down by -13.7%
Jio Financial Services Ltd Infographics
Jio Financial Services Ltd Q4 FY2023-2024 Results: Key Insights
Jio Financial Services Released their Q4 results. Net profit stands at 381 crore
Jio Financial Services Ltd Financials
Index Inclusions
Jio Financial Services Ltd Shareholding Pattern
| Investors | Holdings % | FY Quarter | 3M change |
|---|---|---|---|
| Promoter Holdings | 47.12% | 0.00 | |
| Foreign Institutions | 16.81% | ||
| Mutual Funds | 4.17% | 3.26 | |
| Retail Investors | 24.42% | 4.56 | |
| Others | 7.47% |
Jio Financial Services Ltd Key Indicators
Jio Financial Services Ltd Valuation
Jio Financial Services Ltd in the last 5 years
Lowest (0.00x)
March 28, 2024
Industry (27.44x)
October 18, 2024
Today (130.57x)
October 18, 2024
Highest (144.24x)
September 27, 2024
Jio Financial Services Ltd Earnings and Dividends
Jio Financial Services Ltd Earnings Results
Jio Financial Services Ltd’s net profit jumped 3.13% since last year same period to ₹689.07Cr in the Q2 2024-2025. On a quarterly growth basis, Jio Financial Services Ltd has generated 120.41% jump in its net profits since last 3-months.
Read More about Earnings Results
Jio Financial Services Ltd Technicals Summary
Bearish
Neutral
Bullish
Jio Financial Services Ltd is currently in a Bearish trading position according to technical analysis indicators.
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Jio Financial Services Ltd (JIOFIN) share price today is ₹327.2
Jio Financial Services Ltd is listed on NSE
Jio Financial Services Ltd is listed on BSE
- Today’s highest price of Jio Financial Services Ltd is ₹334.4.
- Today’s lowest price of Jio Financial Services Ltd is ₹326.05.
PE Ratio of Jio Financial Services Ltd is 130.57
PE ratio = Jio Financial Services Ltd Market price per share / Jio Financial Services Ltd Earnings per share
Today’s traded volume of Jio Financial Services Ltd(JIOFIN) is 84.05L.
Today’s market capitalisation of Jio Financial Services Ltd(JIOFIN) is ₹209880.74Cr.
| Jio Financial Services Ltd(JIOFIN | Price |
|---|---|
52 Week High | ₹394.7 |
52 Week Low | ₹204.25 |
Jio Financial Services Ltd(JIOFIN) share price is ₹327.2. It is down -17.10% from its 52 Week High price of ₹394.7
Jio Financial Services Ltd(JIOFIN) share price is ₹327.2. It is up 60.20% from its 52 Week Low price of ₹204.25
| Jio Financial Services Ltd(JIOFIN | Returns |
|---|---|
1 Day Returns | -3.15% |
1 Month Returns | -6.75% |
3 Month Returns | -3.11% |
1 Year Returns | 59.9% |