JIO Financial Services Ltd Net Assets
JIO Financial Services Ltd net assets. Based on the latest financial reports, JIO Financial Services Ltd (JIOFIN) has net assets worth Rs1.34 Trillion INR (≈ $14.48 Billion USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs1.63 Trillion ≈ $17.68 Billion USD) and total liabilities (Rs296.43 Billion ≈ $3.21 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. Also explore JIO Financial Services Ltd (JIOFIN) net asset momentum to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs1.34 Trillion |
| % of Total Assets | 81.87% |
| Annual Growth Rate | 48.27% |
| 5-Year Change | 603107.66% |
| 10-Year Change | 716852.46% |
| Growth Volatility | 141487.1 |
Net Assets of JIO Financial Services Ltd (2014–2026)
Net assets of JIO Financial Services Ltd from 2014 to 2026. This chart illustrates how JIO Financial Services Ltd's net assets have evolved over time, based on quarterly financial data. See net asset quality index of JIO Financial Services Ltd to measure how much of total assets are equity-financed.
Annual Net Assets for JIO Financial Services Ltd (2014–2026)
The table below shows the annual net assets of JIO Financial Services Ltd from 2014 to 2026. For live market cap and overall valuation, see JIOFIN market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2026-03-31 | Rs1.34 Trillion ≈ $14.48 Billion |
+8.39% |
| 2025-03-31 | Rs1.23 Trillion ≈ $13.36 Billion |
-11.29% |
| 2024-03-31 | Rs1.39 Trillion ≈ $15.06 Billion |
+21.99% |
| 2023-03-31 | Rs1.14 Trillion ≈ $12.34 Billion |
+514180.25% |
| 2022-03-31 | Rs221.90 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 |
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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 4585.3% over the analyzed period, indicating profitable operations and earnings retention.
JIO Financial Services Ltd Net Assets Breakdown (March 2026)
JIO Financial Services Ltd net assets breakdown by equity component as of March 2026.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rs141.21 Billion | 10.55% |
| Common Stock | Rs63.53 Billion | 4.75% |
| Other Components | Rs1.13 Trillion | 84.70% |
| Total Equity | Rs1.34 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 |
|---|---|
|
Tower Semiconductor Ltd
TA:TSEM
|
$15.30 Billion |
|
Samsara Inc
NYSE:IOT
|
$15.33 Billion |
|
HAL Trust
AS:HAL
|
$15.34 Billion |
|
Ball Corporation
NYSE:BALL
|
$15.37 Billion |
|
Emera Incorporated
NYSE:EMA
|
$15.29 Billion |
|
LI AUTO INC. (SP.ADR)/2
F:L87A
|
$15.28 Billion |
|
Fair Isaac Corporation
NYSE:FICO
|
$15.28 Billion |
|
Textron Inc
NYSE:TXT
|
$15.28 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 2025 to 2026, total equity changed from 1,234,965,200,000 to 1,338,535,900,000, a change of 103,570,700,000 (8.4%).
- Net income of 15,609,000,000 contributed positively to equity growth.
- Dividend payments of 3,176,600,000 reduced retained earnings.
- New share issuances of 39,562,500,000 increased equity.
- Other comprehensive income decreased equity by 744,728,000,000.
- Other factors increased equity by 796,303,800,000.
Equity Change Factors (2025 to 2026)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs15.61 Billion | +1.17% |
| Dividends Paid | Rs3.18 Billion | -0.24% |
| Share Issuances | Rs39.56 Billion | +2.96% |
| Other Comprehensive Income | Rs-744.73 Billion | -55.64% |
| Other Changes | Rs796.30 Billion | +59.49% |
| Total Change | Rs- | 8.39% |
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: 1.02x
- 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 93.36x to 1.02x 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 | Rs214.27 | x |
| 2015-03-31 | Rs0.03 | Rs214.27 | x |
| 2016-03-31 | Rs0.07 | Rs214.27 | x |
| 2017-03-31 | Rs0.04 | Rs214.27 | x |
| 2018-03-31 | Rs0.03 | Rs214.27 | x |
| 2019-03-31 | Rs6.45 | Rs214.27 | x |
| 2020-03-31 | Rs0.03 | Rs214.27 | x |
| 2021-03-31 | Rs3.24 | Rs214.27 | x |
| 2022-03-31 | Rs0.04 | Rs214.27 | x |
| 2023-03-31 | Rs179.62 | Rs214.27 | x |
| 2024-03-31 | Rs219.02 | Rs214.27 | x |
| 2025-03-31 | Rs194.52 | Rs214.27 | x |
| 2026-03-31 | Rs210.96 | Rs214.27 | 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): 1.17%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 44.06%
- • Asset Turnover: 0.02x
- • Equity Multiplier: 1.22x
- Recent ROE (1.17%) is above the historical average (-272.26%), 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 | -1904.90% | 0.00% | -5.67x | 1.83x | Rs-4.04 Billion |
| 2019 | -9.80% | 0.00% | -0.05x | 1.00x | Rs-8.12 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 | 7.54% | 2671.54% | 0.00x | 1.00x | Rs-5.48 Million |
| 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 |
| 2026 | 1.17% | 44.06% | 0.02x | 1.22x | Rs-118.24 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: $60,399,777,176
- Average return on equity (ROE) among peers: 1685.06%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| JIO Financial Services Ltd (JIOFIN) | Rs1.34 Trillion | 1.32% | 0.22x | $15.30 Billion |
| 360 ONE WAM LIMITED (360ONE) | $31.26 Billion | 21.04% | 2.58x | $4.68 Billion |
| Aditya Birla Sun Life AMC Limited (ABSLAMC) | $31.00 Million | 16822.84% | 5.81x | $2.54 Billion |
| Anand Rathi Wealth Limited (ANANDRATHI) | $121.23 Million | -4.47% | 1.08x | $2.05 Billion |
| Bajaj Holdings & Investment Limited (BAJAJHLDNG) | $515.80 Billion | 7.86% | 0.04x | $12.47 Billion |
| BF Investment Limited (BFINVEST) | $6.83 Billion | 2.74% | 0.00x | $156.61 Million |
| GACM Technologies Limited (GATECH) | $1.86 Billion | 17.89% | 0.54x | $5.96 Million |
| GACM Technologies Limited (GATECHDVR) | $20.59 Million | -48.44% | 3.76x | $861.49K |
| GFL Limited (GFLLIMITED) | $25.65 Billion | 1.76% | 0.07x | $60.16 Million |
| HDFC Asset Management Company Limited (HDFCAMC) | $21.60 Billion | 32.93% | 0.10x | $11.31 Billion |
| Jindal Photo Limited (JINDALPHOT) | $820.17 Million | -3.56% | 0.26x | $126.04 Million |
About 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