JIO Financial Services Ltd
Jio Financial Services Limited, through its subsidiaries, engages in the business of investing and financing, insurance broking, payment bank and payment aggregator, and payment gateway services in India. The company provides loans, savings accounts, recharges, digital insurance, financial tracking, management tools, digital banking, unified payments interface transactions, bill payments, and ins… Read more
JIO Financial Services Ltd (JIOFIN) - Net Assets
Latest net assets as of September 2025: ₹1.35 Trillion INR
Based on the latest financial reports, JIO Financial Services Ltd (JIOFIN) has net assets worth ₹1.35 Trillion INR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₹1.52 Trillion) and total liabilities (₹177.13 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₹1.35 Trillion |
| % of Total Assets | 88.38% |
| Annual Growth Rate | 52.55% |
| 5-Year Change | 5895.01% |
| 10-Year Change | 855696.16% |
| Growth Volatility | 147082.03 |
JIO Financial Services Ltd - Net Assets Trend (2014–2025)
This chart illustrates how JIO Financial Services Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for JIO Financial Services Ltd (2014–2025)
The table below shows the annual net assets of JIO Financial Services Ltd from 2014 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | ₹1.23 Trillion | -11.25% |
| 2024-03-31 | ₹1.39 Trillion | +21.93% |
| 2023-03-31 | ₹1.14 Trillion | +514159.39% |
| 2022-03-31 | ₹221.91 Million | -98.92% |
| 2021-03-31 | ₹20.60 Billion | +10535.34% |
| 2020-03-31 | ₹193.69 Million | -99.53% |
| 2019-03-31 | ₹40.98 Billion | +19334.86% |
| 2018-03-31 | ₹210.87 Million | +12.95% |
| 2017-03-31 | ₹186.70 Million | +29.38% |
| 2016-03-31 | ₹144.31 Million | -17.25% |
| 2015-03-31 | ₹174.39 Million | -98.53% |
| 2014-03-31 | ₹11.86 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to JIO Financial Services Ltd's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 4233.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₹130.60 Billion | 10.58% |
| Common Stock | ₹63.53 Billion | 5.14% |
| Other Comprehensive Income | ₹744.73 Billion | 60.30% |
| Other Components | ₹296.11 Billion | 23.98% |
| Total Equity | ₹1.23 Trillion | 100.00% |
JIO Financial Services Ltd Competitors by Market Cap
The table below lists competitors of JIO Financial Services Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Chaozhou Three-circle Group Co Ltd
SHE:300408
|
$8.96 Billion |
|
Interpublic Group of Cos.
LSE:0JCK
|
$8.96 Billion |
|
The Hong Kong and China Gas Company Limited
F:HCG
|
$8.97 Billion |
|
Generac Holdings Inc
NYSE:GNRC
|
$8.97 Billion |
|
APA CORP. DL -625
F:2S3
|
$8.95 Billion |
|
Range Resources Corp
NYSE:RRC
|
$8.94 Billion |
|
TVS Motor Company Limited
NSE:TVSMOTOR
|
$8.94 Billion |
|
GEA Group Aktiengesellschaft
PINK:GEAGF
|
$8.94 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in JIO Financial Services Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,391,476,600,000 to 1,234,965,200,000, a change of -156,511,400,000 (-11.2%).
- Net income of 16,125,900,000 contributed positively to equity growth.
- Other comprehensive income decreased equity by 166,247,100,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₹16.13 Billion | +1.31% |
| Other Comprehensive Income | ₹-166.25 Billion | -13.46% |
| Other Changes | ₹-6.39 Billion | -0.52% |
| Total Change | ₹- | -11.25% |
Book Value vs Market Value Analysis
This analysis compares JIO Financial Services Ltd's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.20x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 102.11x to 1.20x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2014-03-31 | ₹2.30 | ₹234.35 | x |
| 2015-03-31 | ₹0.03 | ₹234.35 | x |
| 2016-03-31 | ₹0.07 | ₹234.35 | x |
| 2017-03-31 | ₹0.04 | ₹234.35 | x |
| 2018-03-31 | ₹0.03 | ₹234.35 | x |
| 2019-03-31 | ₹6.45 | ₹234.35 | x |
| 2020-03-31 | ₹0.03 | ₹234.35 | x |
| 2021-03-31 | ₹3.24 | ₹234.35 | x |
| 2022-03-31 | ₹3.51 | ₹234.35 | x |
| 2023-03-31 | ₹179.62 | ₹234.35 | x |
| 2024-03-31 | ₹219.02 | ₹234.35 | x |
| 2025-03-31 | ₹194.52 | ₹234.35 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently JIO Financial Services Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 1.31%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 91.26%
- • Asset Turnover: 0.01x
- • Equity Multiplier: 1.08x
- Recent ROE (1.31%) is above the historical average (-135.90%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 1.32% | 82.97% | 0.01x | 1.45x | ₹-1.03 Billion |
| 2015 | 412.87% | 78.77% | 2.27x | 2.31x | ₹702.56 Million |
| 2016 | -2084.67% | 0.00% | -2.56x | 3.35x | ₹-3.02 Billion |
| 2017 | 22.71% | 78.95% | 0.14x | 2.06x | ₹23.72 Million |
| 2018 | 11.46% | 65.28% | 0.10x | 1.83x | ₹3.08 Million |
| 2019 | -9.00% | 0.00% | 0.00x | 1.00x | ₹-7.79 Billion |
| 2020 | 11.87% | 434.92% | 0.01x | 2.47x | ₹3.62 Million |
| 2021 | 0.06% | 1263.45% | 0.00x | 1.00x | ₹-2.05 Billion |
| 2022 | 0.08% | 2671.54% | 0.00x | 0.01x | ₹-2.21 Billion |
| 2023 | 0.03% | 147.48% | 0.00x | 1.01x | ₹-113.81 Billion |
| 2024 | 1.15% | 89.23% | 0.01x | 1.04x | ₹-123.10 Billion |
| 2025 | 1.31% | 91.26% | 0.01x | 1.08x | ₹-107.37 Billion |
Industry Comparison
This section compares JIO Financial Services Ltd's net assets metrics with peer companies in the Asset Management industry.
Industry Context
- Industry: Asset Management
- Average net assets among peers: $21,908,422,940
- Average return on equity (ROE) among peers: 8.91%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| JIO Financial Services Ltd (JIOFIN) | ₹1.35 Trillion | 1.32% | 0.13x | $8.95 Billion |
| 360 ONE WAM LIMITED (360ONE) | $34.50 Billion | 23.31% | 3.38x | $3.08 Billion |
| Aditya Birla Sun Life AMC Limited (ABSLAMC) | $25.17 Billion | 23.69% | 0.11x | $1.76 Billion |
| Anand Rathi Wealth Limited (ANANDRATHI) | $64.36 Million | 2.44% | 0.08x | $1.32 Billion |
| BF Investment Limited (BFINVEST) | $62.01 Billion | 6.99% | 0.10x | $27.46 Million |
| GACM Technologies Limited (GATECHDVR) | $20.59 Million | -48.44% | 3.76x | $2.92 Million |
| GFL Limited (GFLLIMITED) | $54.70 Billion | 7.30% | 0.95x | $7.45 Million |
| HDFC Asset Management Company Limited (HDFCAMC) | $11.51 Billion | 41.51% | 0.24x | $5.53 Billion |
| Jindal Photo Limited (JINDALPHOT) | $9.68 Billion | 23.33% | 0.08x | $18.01 Million |
| Jindal Poly Investment and Finance Company Limited (JPOLYINVST) | $-483.89 Million | 0.00% | 0.00x | $28.88 Million |