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JM Financial Ltd Share Price (JMFINANCIL)

₹79.752.63%

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Overview
Fundamentals
Q3 '23 Results
Technicals
News and Events

JM Financial Ltd share Performance

  • ₹79.4
    ₹82.55
    ₹79.75
    downward going graph

    0.44%

    Low

    Day's Volatility:3.95%

    High

    3.51%

    downward going graph
  • ₹59.8
    ₹114.85
    ₹79.75
    downward going graph

    25.02%

    Low

    52 Weeks Volatility:69.03%

    High

    44.01%

    downward going graph
1 Month Return6.5 %
3 Month Return-20.6 %
1 Year Return28.37 %
Previous Close₹81.90
Open₹82.05
Volume20.12L
Upper Circuit-
Lower Circuit-
Market Cap₹7,826.30Cr

Company Information

JM Financial Limited, incorporated in 1986, is a diversified financial services group offering a wide range of capital market services including equity and debt capital market transactions, mergers and acquisitions, corporate finance advisory, business and administration management as well as management of private equity funds. Headquartered in Mumbai, it has a presence across 634 locations in 185 Indian cities and 4 international locations. During the year 2001, it repaid part of its unsecured loans to its promoters with the ultimate objective of bringing down the borrowing and becoming a 'Zero Debt Company'. In 2006, it launched a corporate private equity fund with a US based investor and in the same year, it amalgamated 'J.M. Securities Private Limited' with it. In 2008, it acquired JM Financial ASK Securities Private Limited and opened a branch in Vizag. In 2010, it entered into a strategic cooperation with Rand Merchant Bank to provide MA advisory services to Indian and African corporates. JM Financial Ltd received a capital investment of Rs 540 crore from a global fund in 2014 and in the same year, it allotted 1.16 crore equity shares to a NRi investor. In 2015, it entered into a Memorandum of Understanding with Seabury Corporate Finance and in 2016, they acquired equity shares of Fairassets Technologies India Private Limited and also of India Home Loan Limited. In 2017, JM Financial Asset Management completed the buyback of 9.95 of its outstanding equity and in 2018; they raised Rs 770 crore through a QIP issue. During FY 2018-19, the Company mobilised more than Rs 4000 crore in corporate fixed deposits and bonds and over Rs 1200 crore in mutual fund schemes and also introduced Elite Wealth Management Group. They raised Rs. 387 crore through a public issue of secured rated listed redeemable NCD’s in April 2019 and also made an Investment of Rs. 350 million in Walko Food Company in June 2021. As on March 31 2022 they had 15 subsidiaries, a partnership firm and an associate company with a AUM of Rs. 61211 crore.

Share Price: ₹79.75 per share as on 18 Apr, 2024 04:01 PM
Market Capitalisation: ₹7,826.30Cr as of today
Revenue: ₹0.00Cr as on December 2023 (Q4 23)
Net Profit: ₹321.56Cr as on December 2023 (Q4 23)
Listing date: 22 Jun, 1995
Chairperson Name: Nimesh N Kampani
OrganisationJM Financial Ltd
HeadquartersMumbai
IndustryFinance
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Key events for JM Financial Ltd

  • IIFL Finance and JM Financial Products Face Loan Disbursement Restrictions - 11 Apr, 2024

    In the March quarter, IIFL Finance was barred from disbursing fresh gold loans due to concerns over deviations in assaying and certifying gold purity. Similarly, JM Financial Products faced a ban on extending loans against shares and bonds after an inspection revealed deficiencies in financing IPOs and bond offerings.

  • Atul Mehra appointed as MD and CEO of Axis Capital - 05 Apr, 2024

    JM Financial's former joint MD, Atul Mehra, has been appointed as the new managing director and chief executive officer of Axis Capital after Salil Pitale's exit. This comes after JM Financial added Chirag Negandhi as its MD, who was the co-CEO at Axis Capital.

  • JM Financial Expected to Outperform in FY25 - 04 Apr, 2024

    Neha Agarwal of JM Financial predicts that India will continue to outperform in FY25 due to a strong macro environment, earnings growth trajectory, and equity market inflows. She also expects another great year for India on the primary markets side.

  • Atul Mehra Appointed MD & CEO of Axis Capital; JM Financial Tops Fund Raising Tables - 01 Apr, 2024

    Atul Mehra has been appointed the MD & CEO of Axis Capital, while JM Financial topped the league tables for fund raising through IPOs and QIPs in FY24. Mehra's appointment comes after his departure from JM Financial, where he was joint MD. He will be overseeing both the Investment Banking and Institutional Equities businesses of Axis Capital.

  • Joint MD of JM Financial Resigns - 30 Mar, 2024

    Atul Mehra, Joint MD of JM Financial, has resigned citing personal reasons and in pursuit of exploring other career prospects. Adi Patel has been elevated as the firm's MD with effect from April 1.

  • RBI Initiates Special Audit of JM Financial Amid Regulatory Breaches - 26 Mar, 2024

    The Reserve Bank of India has initiated a special audit of JM Financial due to regulatory breaches. The RBI also barred the company from financing against shares and debentures with immediate effect.

  • JM Financial Faces RBI Restrictions - 24 Mar, 2024

    The Reserve Bank of India (RBI) has imposed restrictions on JM Financial Products Ltd after discovering that the company engaged in multiple manipulative activities, including assisting a group of its own customers in bidding for various IPOs by utilizing borrowed funds repeatedly.

  • RBI Orders Special Audit of JM Financial Products Following Regulatory Breaches - 23 Mar, 2024

    The Reserve Bank of India (RBI) has ordered a special audit of JM Financial Products Ltd. following regulatory breaches related to financing initial public offerings and non-convertible debentures. The central bank also barred the company from providing any form of financing against shares and debentures.

  • Regulator Calls Out JM Financial for Sharp Practice - 15 Mar, 2024

    JM Financial has been called out by the regulator for financing individual investors who sell securities immediately after receiving allocation to another JM company, which offloads them at a loss to corporate investors. The combined earnings from brokerage and interest are more than the loss it takes. This is a reminder that its work in progress.

  • Regulatory Crackdown Impacts JM Financial Stock - 14 Mar, 2024

    The Reserve Bank of India and Securities and Exchange Board of India have taken action against JM Financial over alleged violations, causing a significant drop in the stock price. Crisil Ratings predicts that the regulatory measures will directly impact JM Financial Products' business. Meanwhile, JM Financial Private Equity has committed an investment in Energy Beverages Pvt Ltd.

Fundamentals of JM Financial Ltd

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.

  • imgPOSITIVE IMPACT

    MF Holding Up

    img

    Mutual Funds have increased holdings from 7.89% to 8.31% in Dec 2023 quarter

  • imgPOSITIVE IMPACT

    Profit Spike

    img

    Netprofit is up for the last 4 quarters, 57.11 Cr → 277.68 Cr (in ₹), with an average increase of 36.8% per quarter

  • imgPOSITIVE IMPACT

    Retail Holding Up

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    Retail Investor have increased holdings from 16.66% to 17.17% in Dec 2023 quarter

  • imgPOSITIVE IMPACT

    Revenue Rich

    img

    Revenue is up for the last 4 quarters, 871.16 Cr → 1.26K Cr (in ₹), with an average increase of 11.4% per quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Shriram Finance Ltd has given 79.3% return, outperforming this stock by 50.9%

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, Cholamandalam Investment & Finance Company Ltd has given 113.0% return, outperforming this stock by 106.6%

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 3 months, JMFINANCIL stock has moved down by -20.6%

  • imgNEGATIVE IMPACT

    Promoter Holding Down

    img

    Promoters have decreased holdings from 56.47% to 56.44% in Dec 2023 quarter

  • imgNEGATIVE IMPACT

    FII Holding Down

    img

    Foreign Institutions have decreased holdings from 17.59% to 16.71% in Dec 2023 quarter

JM Financial Ltd Valuation

JM Financial Ltd in the last 5 years

  • Overview

  • Trends

Lowest (7.14x)

June 17, 2022

Today (11.23x)

April 16, 2024

Industry (29.96x)

April 16, 2024

Highest (22.91x)

February 1, 2018

LowHigh

Mutual Fund Holdings

Funds Holdings
Quant Small Cap Fund Growth Option Direct PlanQuant Small Cap Fund Growth Option Direct Plan0.58%
ICICI Prudential Value Discovery Fund Direct Plan GrowthICICI Prudential Value Discovery Fund Direct Plan Growth0.19%
ICICI Prudential Multicap Fund Direct Plan GrowthICICI Prudential Multicap Fund Direct Plan Growth0.56%
ICICI Prudential Bluechip Fund Direct Plan GrowthICICI Prudential Bluechip Fund Direct Plan Growth0.11%
ICICI Prudential Infrastructure Fund Direct Plan GrowthICICI Prudential Infrastructure Fund Direct Plan Growth1.06%

Shareholding Pattern

InvestorsHoldings %Prev. 4 periods3M change
Promoter Holdings
56.44%
-0.04
Foreign Institutions
16.71%
-5.03
Mutual Funds
8.31%
5.29
Retail Investors
17.17%
3.09
Others
1.37%
-1.65

Technicals of JM Financial Ltd share

News & Events of JM Financial Ltd

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JM Financial Ltd (JMFINANCIL) share price today is ₹79.75

JM Financial Ltd is listed on NSE

JM Financial Ltd is listed on BSE

  • Today’s highest price of JM Financial Ltd is ₹82.55.
  • Today’s lowest price of JM Financial Ltd is ₹79.4.

PE Ratio of JM Financial Ltd is 11.23

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 20.12L.

Today’s market capitalisation of JM Financial Ltd(JMFINANCIL) is ₹7826.3Cr.

JM Financial Ltd(JMFINANCILPrice
52 Week High
₹114.85
52 Week Low
₹59.8

JM Financial Ltd(JMFINANCIL) share price is ₹79.75. It is down -30.56% from its 52 Week High price of ₹114.85

JM Financial Ltd(JMFINANCIL) share price is ₹79.75. It is up 33.36% from its 52 Week Low price of ₹59.8

JM Financial Ltd(JMFINANCILReturns
1 Day Returns
-2.15%
1 Month Returns
6.5%
3 Month Returns
-20.6%
1 Year Returns
28.37%