JIO Financial Services Ltd (JIOFIN) - Net Assets

Latest as of September 2025: Rs1.35 Trillion INR ≈ $14.57 Billion USD

Based on the latest financial reports, JIO Financial Services Ltd (JIOFIN) has net assets worth Rs1.35 Trillion INR (≈ $14.57 Billion USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs1.52 Trillion ≈ $16.49 Billion USD) and total liabilities (Rs177.13 Billion ≈ $1.92 Billion USD). 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. Check JIO Financial Services Ltd liquidity resilience to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	Rs1.35 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. Also explore how large is JIO Financial Services Ltd's balance sheet for the complete picture of this company's asset base.

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. For live valuation and market cap data, see JIOFIN market cap.

Year	Net Assets	Change
2025-03-31	Rs1.23 Trillion ≈ $13.36 Billion	-11.25%
2024-03-31	Rs1.39 Trillion ≈ $15.05 Billion	+21.93%
2023-03-31	Rs1.14 Trillion ≈ $12.34 Billion	+514159.39%
2022-03-31	Rs221.91 Million ≈ $2.40 Million	-98.92%
2021-03-31	Rs20.60 Billion ≈ $222.78 Million	+10535.34%
2020-03-31	Rs193.69 Million ≈ $2.09 Million	-99.53%
2019-03-31	Rs40.98 Billion ≈ $443.20 Million	+19334.86%
2018-03-31	Rs210.87 Million ≈ $2.28 Million	+12.95%
2017-03-31	Rs186.70 Million ≈ $2.02 Million	+29.38%
2016-03-31	Rs144.31 Million ≈ $1.56 Million	-17.25%
2015-03-31	Rs174.39 Million ≈ $1.89 Million	-98.53%
2014-03-31	Rs11.86 Billion ≈ $128.27 Million	--

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	Rs130.60 Billion	10.58%
Common Stock	Rs63.53 Billion	5.14%
Other Comprehensive Income	Rs744.73 Billion	60.30%
Other Components	Rs296.11 Billion	23.98%
Total Equity	Rs1.23 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
Taishin Financial Holding Co Ltd Pref TW:2887E	$16.93 Billion
CAPGEMINI UNS.ADR 1/5/EO8 F:CGMA	$16.96 Billion
Essex Property Trust Inc NYSE:ESS	$16.97 Billion
ASICS CORP.(UNSP.ADR)/1 F:ASI	$17.00 Billion
Formosa Petrochemical Corp TW:6505	$16.93 Billion
AIRTEL AFRICA UNSP.ADR/10 F:9AA0	$16.88 Billion
NIPPON STEEL SP.ADR 033 F:NPSA	$16.86 Billion
Magna International Inc TO:MG	$16.86 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	Rs16.13 Billion	+1.31%
Other Comprehensive Income	Rs-166.25 Billion	-13.46%
Other Changes	Rs-6.39 Billion	-0.52%
Total Change	Rs-	-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: 1.27x
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 107.35x to 1.27x 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	Rs2.30	Rs246.37	x
2015-03-31	Rs0.03	Rs246.37	x
2016-03-31	Rs0.07	Rs246.37	x
2017-03-31	Rs0.04	Rs246.37	x
2018-03-31	Rs0.03	Rs246.37	x
2019-03-31	Rs6.45	Rs246.37	x
2020-03-31	Rs0.03	Rs246.37	x
2021-03-31	Rs3.24	Rs246.37	x
2022-03-31	Rs3.51	Rs246.37	x
2023-03-31	Rs179.62	Rs246.37	x
2024-03-31	Rs219.02	Rs246.37	x
2025-03-31	Rs194.52	Rs246.37	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	Rs-1.03 Billion
2015	412.87%	78.77%	2.27x	2.31x	Rs702.56 Million
2016	-2084.67%	0.00%	-2.56x	3.35x	Rs-3.02 Billion
2017	22.71%	78.95%	0.14x	2.06x	Rs23.72 Million
2018	11.46%	65.28%	0.10x	1.83x	Rs3.08 Million
2019	-9.00%	0.00%	0.00x	1.00x	Rs-7.79 Billion
2020	11.87%	434.92%	0.01x	2.47x	Rs3.62 Million
2021	0.06%	1263.45%	0.00x	1.00x	Rs-2.05 Billion
2022	0.08%	2671.54%	0.00x	0.01x	Rs-2.21 Billion
2023	0.03%	147.48%	0.00x	1.01x	Rs-113.81 Billion
2024	1.15%	89.23%	0.01x	1.04x	Rs-123.10 Billion
2025	1.31%	91.26%	0.01x	1.08x	Rs-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: $10,706,027,619
Average return on equity (ROE) among peers: 37.49%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
JIO Financial Services Ltd (JIOFIN)	Rs1.35 Trillion	1.32%	0.13x	$16.93 Billion
360 ONE WAM LIMITED (360ONE)	$766.94 Million	292.13%	0.19x	$4.54 Billion
Aditya Birla Sun Life AMC Limited (ABSLAMC)	$12.21 Billion	36.61%	0.23x	$3.17 Billion
Anand Rathi Wealth Limited (ANANDRATHI)	$121.23 Million	-4.47%	1.08x	$3.23 Billion
Bajaj Holdings & Investment Limited (BAJAJHLDNG)	$43.43 Billion	12.11%	0.60x	$12.36 Billion
BF Investment Limited (BFINVEST)	$6.64 Billion	3.00%	0.00x	$169.44 Million
GACM Technologies Limited (GATECH)	$71.32 Million	15.89%	1.59x	$5.84 Million
GACM Technologies Limited (GATECHDVR)	$20.59 Million	-48.44%	3.76x	$943.54K
GFL Limited (GFLLIMITED)	$35.59 Billion	5.11%	0.99x	$57.71 Million
HDFC Asset Management Company Limited (HDFCAMC)	$7.17 Billion	44.46%	1.05x	$12.56 Billion
Jindal Photo Limited (JINDALPHOT)	$1.05 Billion	18.55%	0.48x	$123.17 Million

About JIO Financial Services Ltd

NSE:JIOFIN India Asset Management

Market Cap

$16.93 Billion

Rs1.57 Trillion INR

Market Cap Rank

#1469 Global

#42 in India

Share Price

Rs246.37

Change (1 day)

-1.73%

52-Week Range

Rs224.10 - Rs333.90

All Time High

Rs387.95