JM Financial Limited (BOM:523405)

India flag India · Delayed Price · Currency is INR
103.20
+0.15 (0.15%)
At close: Feb 21, 2025
2.33%
Market Cap 98.64B
Revenue (ttm) 25.78B
Net Income (ttm) 3.83B
Shares Out 955.77M
EPS (ttm) 4.01
PE Ratio 25.77
Forward PE n/a
Dividend 2.00 (1.94%)
Ex-Dividend Date Jun 7, 2024
Volume 305,908
Average Volume 227,872
Open 105.20
Previous Close 103.05
Day's Range 100.55 - 108.00
52-Week Range 69.00 - 168.85
Beta 0.52
RSI 42.72
Earnings Date Jan 28, 2025

About JM Financial

JM Financial Limited, together with its subsidiaries, provides various integrated and diversified financial services to corporations, financial institutions, government organizations, high net-worth individuals, and retail customers in India and internationally. The company operates in 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 ac... [Read more]

Industry Security Brokers, Dealers, and Flotation Companies
Founded 1973
Employees 290
Stock Exchange Bombay Stock Exchange
Ticker Symbol 523405
Full Company Profile

Financial Performance

In 2023, JM Financial's revenue was 26.82 billion, an increase of 29.56% compared to the previous year's 20.70 billion. Earnings were 4.10 billion, a decrease of -31.38%.

Financial Statements

News

RBI imposes Rs 46 lakh penalty on three firms for non compliace

The Reserve Bank of India (RBI) fined Citibank NA, JM Financial, and Asirvad Micro Finance for regulatory non-compliance. Citibank was penalized Rs 39 lakh for credit data breaches, JM Financial fined...

1 day ago - The Times of India

Stocks to watch today on 21 Feb: JM Financial, Kotak Mahindra Bank, M&M Financial, Repco Home Finance in finance and investment sector

The finance and investment sector is showing strategic growth through capital expansion, refunds, and leadership changes. Key stocks to watch today include: JM Financial: Received a tax department ord...

2 days ago - Business Upturn

JM Financial to receive Rs 230 crore tax refund following IT department order

JM Financial Limited has announced that it will receive a tax refund of Rs 230 crore, including interest, following an order from the Deputy Commissioner of Income Tax, Government of India. The order,...

3 days ago - Business Upturn

JM Financial shares drop over 8% after Q3 net profit declines 21.5% YoY

Shares of JM Financial Ltd plunged over 8.3% to ₹98.13 in early trade following the company’s Q3 FY25 financial results, which reported a 21.5% YoY decline in net profit. The firm posted a net profit ...

25 days ago - Business Upturn

JM Financial Products Q3 FY25 Results: Revenue down 31.3% YoY to Rs 179.02 crore, Net Profit declines 32.2% YoY

JM Financial Products Limited has announced its unaudited financial results for the quarter ending December 31, 2024 (Q3 FY25), revealing a significant drop in revenue and profitability compared to th...

4 weeks ago - Business Upturn

Buy or sell: Stocks on brokerages’ radar for today

J P Morgan recommends buying Swiggy and Zomato stocks due to attractive entry points and positive ramp-up strategies. CLSA suggests an ‘outperform’ rating on HDFC Life despite a growth slowdown. HSBC ...

5 weeks ago - The Times of India

JM Financial on India’s cement sector: Top picks UltraTech, Ambuja, and JK Cement – check target

JM Financial has released an optimistic outlook on India’s cement sector, highlighting accelerated consolidation, cost optimization, and strong demand drivers as key trends shaping the industry’s futu...

5 weeks ago - Business Upturn

Indiamart shares up nearly 4% as JM Financial upgrades to ‘Buy’

Shares of Indiamart Intermesh surged 3.77% to ₹2,258.50 on January 7 after JM Financial upgraded its rating to ‘Buy’ from ‘Sell,’ citing a positive medium-term outlook following a significant 28% corr...

6 weeks ago - Business Upturn

JM Financial receives administrative warning from SEBI over Western Carrier (India) IPO

JM Financial Limited, a SEBI-registered Merchant Banker, disclosed that it has received an administrative warning letter from the Securities and Exchange Board of India (SEBI). The letter, dated Janua...

7 weeks ago - Business Upturn

Stocks on brokerages’ radar for December 18

Several brokerage houses issued recommendations on various stocks. Motilal Oswal recommended buying Kirloskar Oil Engines, while ICICI Securities suggested buying PVR Inox, Sun TV, and Zee Entertainme...

2 months ago - The Times of India

Piramal Pharma shares surge 3% after JM Financial initiates ‘Buy’ rating

Piramal Pharma shares surged 3% after JM Financial initiated coverage with a ‘Buy’ rating and a target price of ₹340, indicating strong upside potential. The brokerage expects a 23%+ EBITDA CAGR over ...

2 months ago - Business Upturn

JM Financial initiates ‘Buy’ on Piramal Pharma, sets target price at ₹340

JM Financial has initiated coverage on Piramal Pharma with a ‘Buy’ rating and a target price of ₹340, indicating strong growth potential in the stock.

2 months ago - Business Upturn

Buy or sell: Stocks on brokerages’ radar for today

India Business News: JM Financial has a ‘buy’ recommendation on JSW Infrastructure, India’s second largest private port player.

2 months ago - The Times of India

Stocks on brokerages’ radar for today

India Business News: JM Financial has a dozen stocks on its list with estimated returns as high as 49%.

2 months ago - The Times of India

JM Financial assigns ‘buy’ rating to Swiggy, projects 20% upside from IPO price

Brokerage firm JM Financial has initiated coverage on Swiggy, assigning the stock its first ‘buy’ rating and setting a target price of ₹470, which reflects a 20% potential upside from the IPO price of...

3 months ago - Business Upturn

Financial stocks: IFCI down by 3.22%, SBFC declines by 2.44%, JM Financial drops by 2.75%, LTF falls by 2.37%

Time Stamp: November 4, 2024, 9:41 AM Market Update: Financial sector stocks are trading mostly in the red today, with several key players showing notable declines. IFCI: Down by 3.22%, trading at ₹57...

3 months ago - Business Upturn

JM Financial Ltd (BOM:523405) Q2 2025 Earnings Call Highlights: Strong Profit Growth Amid ...

JM Financial Ltd (BOM:523405) Q2 2025 Earnings Call Highlights: Strong Profit Growth Amid Strategic Shifts

4 months ago - GuruFocus

Q2 2025 JM Financial Ltd Earnings Call Transcript

Q2 2025 JM Financial Ltd Earnings Call Transcript

4 months ago - GuruFocus

After Bankruptcy In US, WeWork Plans IPO For Indian Arm At Over $2B Valuation: Report

This story was first published on the Benzinga India portal. WeWork India , a joint venture between Bengaluru-based property firm Embassy Group and American co-working giant WeWork , is reportedly exp...

4 months ago - Benzinga

JM Financial stock jumps 5.56% as RBI lifts financing restrictions

JM Financial’s stock price surged by 5.56%, reaching ₹167.51 as of 9:30 AM today, following the positive news that the Reserve Bank of India (RBI) has lifted restrictions on the company, allowing it t...

4 months ago - Business Upturn

Stocks To Buy This Diwali: JM Financial recommends buy on Olectra Greentech, sees 27% upside to ₹2,200

JM Financial has issued a ‘Buy’ rating for Olectra Greentech with a target price of ₹2,200, indicating a 27% potential upside in the next 6-12 months. Olectra is one of the largest manufacturers of el...

4 months ago - Business Upturn

Stocks To Buy This Diwali: JM Financial recommends buy on Macrotech Developers, sees 23% upside to ₹1,480

JM Financial has issued a ‘Buy’ rating for Macrotech Developers (Lodha) with a target price of ₹1,480, suggesting a 23% upside in the next 6-12 months. Macrotech, one of India’s largest real estate de...

4 months ago - Business Upturn

Stocks To Buy This Diwali: JM Financial recommends buying Gravita India, sees 21% upside to ₹3,068

JM Financial has issued a ‘Buy’ rating for Gravita India, with a target price of ₹3,068, implying a 21% upside over the next 6-12 months. Gravita India, a leading player in India’s recycling industry,...

4 months ago - Business Upturn

Stocks To Buy This Diwali: JM Financial recommends buying NALCO, sees 17% upside to ₹264

JM Financial has issued a ‘Buy’ rating for National Aluminium Company (NALCO), with a target price of ₹264, implying a 17% upside over the next 6-12 months. NALCO, one of the largest aluminium and alu...

4 months ago - Business Upturn

Stocks To Buy This Diwali: JM Financial recommends buy on Ashoka Buildcon, sees 15% upside to ₹290

JM Financial has issued a ‘Buy’ rating for Olectra Greentech with a target price of ₹2,200, indicating a 27% potential upside in the next 6-12 months. Olectra is one of the largest manufacturers of el...

4 months ago - Business Upturn