JM Financial Ltd (JMFINANCIL)
₹99.39▲3.39%
JM Financial Ltd Share analysis
Source: S&P Global Market Intelligence
Performance
Day's Low
Day's High
₹95.86₹10052 Week's Low
52 Week's High
₹69₹114.85
| Returns % | |
| 1 Month Return | + 16.13 % |
| 3 Month Return | + 15.82 % |
| 1 Year Return | + 31.96 % |
| Market Stats | |
| Previous Close | ₹96.13 |
| Open | ₹96.01 |
| Volume | 36.20L |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹9,187.52Cr |
Key Statistics
| P/E Ratio | 22.36 |
| PEG Ratio | -11.41 |
| Market Cap | ₹9,187.52 Cr |
| P/B Ratio | 1.73 |
| EPS | 9.24 |
Peer Comparison
Mutual Fund Holdings
Company Information
Share Price: ₹99.39 per share as on 24 Jul, 2024 04:01 PM
Market Capitalisation: ₹9,187.52Cr as of today
Revenue: ₹1,276.12Cr as on March 2024 (Q1 24)
Net Profit: ₹-674.88Cr as on March 2024 (Q1 24)
Listing date: 22 Jun, 1995
Chairperson Name: Nimesh N Kampani
| Organisation | JM Financial Ltd |
| Headquarters | Mumbai |
| Industry | Finance |
| E-voting on shares | Click here to vote |
Key events for JM Financial Ltd
Surge in Volume for JM Financial Ltd - 10 Jul, 2024
JM Financial Ltd experiences a significant increase in trading volume, with 43.89 lakh shares traded on BSE, representing a 10.56 times surge over the two-week average daily volume of 4.16 lakh shares. However, the stock price drops by 1.91% to Rs.93.10.
JM Financial Acquires Stake in JM Financial Credit Solutions - 08 Jul, 2024
JM Financial has approved the acquisition of a 42.99% stake in JM Financial Credit Solutions (JMFCSL) for Rs 1,282 crore and JMFCSL will acquire a 71.79% stake in JM Financial Asset Reconstruction Company (JMFARC) from JM Financial for Rs 856 crore.
JM Financial Consolidates Holdings in Debt Syndication and Distressed Credit Business - 07 Jul, 2024
JM Financial Limited is set to consolidate its holdings in the wholesale debt syndication and distressed credit sectors under a single platform. The proposed transaction includes two significant acquisitions that will result in a net cash outflow of around Rs 426 crore for JMFL. This strategic move aims to pivot JMFL from an on-balance sheet business model to a diversified originate-to-distribute/syndication model across various asset classes.
JM Financial to Increase Stake in Credit Solutions, Sell 71.79% ARC Stake - 06 Jul, 2024
JM Financial is set to acquire a 48.96% stake in JM Financial Credit Solutions Ltd and sell its 71.79% stake in JM Financial Asset Reconstruction Company Ltd for Rs 856 crore. Both transactions are subject to approvals and definitive agreements.
JM Financial Notes Uptrend in India Wireless ARPU - 29 Jun, 2024
Brokerage firm JM Financial notes an uptrend in India's wireless average revenue per user (ARPU) given the consolidated industry structure and higher ARPU requirement for Jio. The company also notes visibility of future tariff hikes due to significant 5G capex and limited monetization opportunities.
JM Financial Buys Luxury Apartments in Mumbai - 28 Jun, 2024
JM Financial has acquired two luxury apartments in Mumbai's Malabar Hill area worth Rs 60 crore as a settlement of debt owed by Nitco Ltd promoter companies. Rahul Sharma from JM Financial Services predicts continued momentum with resistance levels at 24,200 and 24,450.
JM Financial Home Loans Plans to Borrow Rs 1,200 Crore for Loan Book Growth - 25 Jun, 2024
JM Financial Home Loans aims to increase its assets under management to Rs 6,000 crore by 2026-27 and plans to borrow Rs 1,200 crore in 2024-25. The recent government announcement to build another 30 million houses under PMAY may boost the company's loan growth by 20-25%.
JM Financial Expects Large IPOs; Launches AI Lab for Personalised Trading Strategies - 24 Jun, 2024
JM Financial closed 56 capital market transactions in FY24 and anticipates several large IPOs in H2 FY25. Additionally, its subsidiary, BlinkX, has launched an AI lab to enhance personalised client engagement.
JM Financial Banned by SEBI from Managing Public Debt Issues - 21 Jun, 2024
The Securities and Exchange Board of India (SEBI) has barred JM Financial Ltd from managing public debt issues until March 31, 2025, due to alleged irregularities in a public issue of non-convertible debentures. The Reserve Bank of India has also directed JMFPL to cease and desist from doing any form of financing against shares and debentures. Shares of JM Financial were trading nearly 4 percent lower at Rs 83.91 apiece on BSE around 12:30 hours IST.
JM Financial Faces SEBI Ban on Debt Securities - 20 Jun, 2024
SEBI has banned JM Financial from acting as a lead manager for public issues of debt securities until March 31, 2025 due to alleged irregularities. Anuj Mittal recently joined the company as an MD for investment banking coverage.
SEBI Issues Warning Letter to JM Financial Ltd for Past Public Issuances - 17 Jun, 2024
SEBI has issued an administrative warning letter to JM Financial Ltd as a merchant banker of certain past public issuances of non-convertible debentures (NCDs). The Company was advised to take appropriate corrective steps and submit an action taken report to SEBI. Earlier in March this year, SEBI prohibited JM Financial from taking on new mandates to serve as a lead manager for the public.
SEBI Issues Warning to JM Financial Over NCD Issuances - 15 Jun, 2024
JM Financial has received an administrative warning letter from SEBI regarding discrepancies/deficiencies in due-diligence, recording documents and disclosures in relation to certain past public issuances of non-convertible debentures (NCDs), for which the company was acting as one of the lead managers. The company has been advised to take appropriate corrective steps and submit an action taken report to SEBI.
Insights on JM Financial Ltd
Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.
POSITIVE IMPACTRevenue Rich
Revenue is up for the last 5 quarters, 871.16 Cr → 1.27K Cr (in ₹), with an average increase of 8.8% per quarter
- POSITIVE IMPACT
FII Holding Up
Foreign Institutions have increased holdings from 16.71% to 16.96% in Mar 2024 quarter
- POSITIVE IMPACT
MF Holding Up
Mutual Funds have increased holdings from 8.31% to 8.35% in Mar 2024 quarter
- POSITIVE IMPACT
Price Rise
In the last 1 month, JMFINANCIL stock has moved up by 16.1%
NO EFFECTAgainst Peers
In the last 1 year, Shriram Finance Ltd has given 52.5% return, outperforming this stock by 20.5%
- NO EFFECT
Against Peers
In the last 3 years, Cholamandalam Investment & Finance Company Ltd has given 183.8% return, outperforming this stock by 193.5%
- NO EFFECT
Promoter Holding Unchanged
Promoters holdings remained unchanged at 56.44% of holdings in Mar 2024 quarter
NEGATIVE IMPACTProfit Down
Netprofit is down for the last 2 quarters, 277.68 Cr → -228.68 Cr (in ₹), with an average decrease of 182.4% per quarter
- NEGATIVE IMPACT
Retail Holding Down
Retail Investor have decreased holdings from 17.17% to 16.92% in Mar 2024 quarter
Company Financials
| Q'1 24 | Q/Q Change | |
|---|---|---|
Revenue | ₹1,276.12Cr | ↑1.20% |
Net Income | -₹674.88Cr | ↓309.88% |
Net Profit Margin | -52.89% | ↓307.41% |
| 2024 | Y/Y Change | |
|---|---|---|
Revenue | ₹4,785.84Cr | ↑45.44% |
Net Income | ₹27.52Cr | ↓96.12% |
Net Profit Margin | 0.58% | ↓97.31% |
| 2024 | Y/Y Change | |
|---|---|---|
Total Assets | ₹4,460.77Cr | ↑6.91% |
Total Liabilities | ₹351.24Cr | ↑23.19% |
| 2024 | Y/Y Change | |
|---|---|---|
Operating Cash Flow | ₹518.48Cr | ↓284.66% |
Shareholding Pattern
| Investors | Holdings % | FY Quarter | 3M change |
|---|---|---|---|
| Promoter Holdings | 56.44% | 0.00 | |
| Foreign Institutions | 16.96% | 0.00 | |
| Mutual Funds | 8.35% | 0.00 | |
| Retail Investors | 16.92% | 0.00 | |
| Others | 1.33% | 0.00 |
Key Indicators
JM Financial Ltd Valuation
JM Financial Ltd in the last 5 years
Lowest (7.14x)
June 17, 2022
Today (22.36x)
July 23, 2024
Industry (30.27x)
July 23, 2024
Highest (23.10x)
July 16, 2024
Earnings and Dividends
JM Financial Ltd Earnings Results
JM Financial Ltd’s net profit fell -500.42% since last year same period to ₹-228.68Cr in the Q4 2023-2024. On a quarterly growth basis, JM Financial Ltd has generated -182.35% fall in its net profits since last 3-months.
Read More about Earnings ResultsJM Financial Ltd Dividends May,2024
In the quarter ending March 2024, JM Financial Ltd has declared dividend of ₹2 - translating a dividend yield of 2.08%.
Read More about Dividends
Technicals Summary
Bearish
Neutral
Bullish
JM Financial Ltd is currently in a Bullish trading position according to technical analysis indicators.
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JM Financial Ltd (JMFINANCIL) share price today is ₹99.39
JM Financial Ltd is listed on NSE
JM Financial Ltd is listed on BSE
- Today’s highest price of JM Financial Ltd is ₹100.
- Today’s lowest price of JM Financial Ltd is ₹95.86.
PE Ratio of JM Financial Ltd is 22.36
PE ratio = JM Financial Ltd Market price per share / JM Financial Ltd Earnings per share
Today’s traded volume of JM Financial Ltd(JMFINANCIL) is 36.20L.
Today’s market capitalisation of JM Financial Ltd(JMFINANCIL) is ₹9187.52Cr.
| JM Financial Ltd(JMFINANCIL | Price |
|---|---|
52 Week High | ₹114.85 |
52 Week Low | ₹69 |
JM Financial Ltd(JMFINANCIL) share price is ₹99.39. It is down -13.46% from its 52 Week High price of ₹114.85
JM Financial Ltd(JMFINANCIL) share price is ₹99.39. It is up 44.04% from its 52 Week Low price of ₹69
| JM Financial Ltd(JMFINANCIL | Returns |
|---|---|
1 Day Returns | 3.26% |
1 Month Returns | 16.13% |
3 Month Returns | 15.82% |
1 Year Returns | 31.96% |