JM Financial Limited Net Assets

Latest as of March 2026: Rs113.58 Billion INR ≈ $1.23 Billion USD

JM Financial Limited net assets. Based on the latest financial reports, JM Financial Limited (JMFINANCIL) has net assets worth Rs113.58 Billion INR (≈ $1.23 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 (Rs265.37 Billion ≈ $2.87 Billion USD) and total liabilities (Rs151.79 Billion ≈ $1.64 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 JMFINANCIL shareholders equity momentum to track the company's year-over-year net asset growth rate.

Key Net Assets Metrics

Metric	Value
Current Net Assets	Rs113.58 Billion
% of Total Assets	42.8%
Annual Growth Rate	32.24%
5-Year Change	6.89%
10-Year Change	155.7%
Growth Volatility	304.49

Net Assets of JM Financial Limited (2005–2026)

Net assets of JM Financial Limited from 2005 to 2026. This chart illustrates how JM Financial Limited's net assets have evolved over time, based on quarterly financial data. See JMFINANCIL net asset quality score to measure how much of total assets are equity-financed.

Annual Net Assets for JM Financial Limited (2005–2026)

The table below shows the annual net assets of JM Financial Limited from 2005 to 2026. For live market cap and overall valuation, see JM Financial Limited stock valuation.

Year	Net Assets	Change
2026-03-31	Rs113.58 Billion ≈ $1.23 Billion	+11.02%
2025-03-31	Rs102.30 Billion ≈ $1.11 Billion	-7.47%
2024-03-31	Rs110.56 Billion ≈ $1.20 Billion	-1.90%
2023-03-31	Rs112.70 Billion ≈ $1.22 Billion	+6.06%
2022-03-31	Rs106.26 Billion ≈ $1.15 Billion	+9.81%
2021-03-31	Rs96.76 Billion ≈ $1.05 Billion	+18.95%
2020-03-31	Rs81.34 Billion ≈ $879.71 Million	+4.74%
2019-03-31	Rs77.66 Billion ≈ $839.88 Million	+34.06%
2018-03-31	Rs57.93 Billion ≈ $626.48 Million	+30.42%
2017-03-31	Rs44.42 Billion ≈ $480.37 Million	+24.14%
2016-03-31	Rs35.78 Billion ≈ $386.95 Million	+11.90%
2015-03-31	Rs31.98 Billion ≈ $345.81 Million	+35.37%
2014-03-31	Rs23.62 Billion ≈ $255.45 Million	+7.32%
2013-03-31	Rs22.01 Billion ≈ $238.02 Million	0.00%
2012-03-31	Rs22.01 Billion ≈ $238.02 Million	+3.85%
2011-03-31	Rs21.19 Billion ≈ $229.21 Million	+6.83%
2010-03-31	Rs19.84 Billion ≈ $214.56 Million	+5.99%
2009-03-31	Rs18.72 Billion ≈ $202.44 Million	-5.03%
2008-03-31	Rs19.71 Billion ≈ $213.15 Million	+171.58%
2007-03-31	Rs7.26 Billion ≈ $78.49 Million	+46.80%
2006-03-31	Rs4.94 Billion ≈ $53.47 Million	+1440.23%
2005-03-31	Rs320.98 Million ≈ $3.47 Million	--

Equity Component Analysis

This analysis shows how different components contribute to JM Financial Limited'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 5416070000000.0% over the analyzed period, indicating profitable operations and earnings retention.

JM Financial Limited Net Assets Breakdown (March 2026)

JM Financial Limited net assets breakdown by equity component as of March 2026.

Component	Amount	Percentage
Retained Earnings	Rs54.16 Billion	50.82%
Common Stock	Rs956.40 Million	0.90%
Other Components	Rs51.46 Billion	48.28%
Total Equity	Rs106.57 Billion	100.00%

JM Financial Limited Competitors by Market Cap

The table below lists competitors of JM Financial Limited ranked by their market capitalization.

Company	Market Cap
Yunnan Salt & Salt Chemical Industry Co Ltd SHE:002053	$1.16 Billion
Compass Pathways Plc NASDAQ:CMPS	$1.16 Billion
Shandong Yisheng Livestock & Poultry Breeding Co Ltd SHE:002458	$1.16 Billion
U-Haul Holding Company NYSE:UHAL	$1.16 Billion
NINGBO HENGSHUAI Co. LTD. SHE:300969	$1.16 Billion
Netcare JSE:NTC	$1.16 Billion
Korea Circuit Co. Ltd. KO:007810	$1.16 Billion
Shanghai Jinqiao Export Processing Zone Development Co Ltd A SHG:600639	$1.16 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in JM Financial Limited's equity between the two most recent reporting periods.

Equity Growth Insights

From 2025 to 2026, total equity changed from 97,278,000,000 to 106,574,300,000, a change of 9,296,300,000 (9.6%).
Net income of 12,019,700,000 contributed positively to equity growth.
Dividend payments of 4,016,700,000 reduced retained earnings.
Other comprehensive income decreased equity by 20,252,100,000.
Other factors increased equity by 21,545,400,000.

Equity Change Factors (2025 to 2026)

Factor	Impact	Contribution
Net Income	Rs12.02 Billion	+11.28%
Dividends Paid	Rs4.02 Billion	-3.77%
Other Comprehensive Income	Rs-20.25 Billion	-19.0%
Other Changes	Rs21.55 Billion	+20.22%
Total Change	Rs-	9.56%

Book Value vs Market Value Analysis

This analysis compares JM Financial Limited'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: 1.01x
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 98.76x to 1.01x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2005-03-31	Rs1.13	Rs111.96	x
2006-03-31	Rs8.68	Rs111.96	x
2007-03-31	Rs8.02	Rs111.96	x
2008-03-31	Rs24.94	Rs111.96	x
2009-03-31	Rs23.31	Rs111.96	x
2010-03-31	Rs24.77	Rs111.96	x
2011-03-31	Rs26.39	Rs111.96	x
2012-03-31	Rs27.35	Rs111.96	x
2013-03-31	Rs27.21	Rs111.96	x
2014-03-31	Rs28.57	Rs111.96	x
2015-03-31	Rs32.69	Rs111.96	x
2016-03-31	Rs36.92	Rs111.96	x
2017-03-31	Rs41.72	Rs111.96	x
2018-03-31	Rs54.73	Rs111.96	x
2019-03-31	Rs60.85	Rs111.96	x
2020-03-31	Rs66.79	Rs111.96	x
2021-03-31	Rs75.02	Rs111.96	x
2022-03-31	Rs80.45	Rs111.96	x
2023-03-31	Rs85.18	Rs111.96	x
2024-03-31	Rs88.85	Rs111.96	x
2025-03-31	Rs101.62	Rs111.96	x
2026-03-31	Rs111.28	Rs111.96	x

Capital Efficiency Dashboard

This dashboard shows how efficiently JM Financial Limited 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): 11.28%
The company shows good efficiency in utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 28.21%
• Asset Turnover: 0.16x
• Equity Multiplier: 2.49x
Recent ROE (11.28%) is below the historical average (13.64%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2005	29.52%	69.06%	0.37x	1.15x	Rs62.66 Million
2006	17.35%	28.91%	0.05x	11.80x	Rs283.03 Million
2007	20.91%	28.18%	0.26x	2.88x	Rs641.40 Million
2008	71.34%	188.06%	0.19x	1.98x	Rs11.47 Billion
2009	-6.18%	-26.63%	0.17x	1.35x	Rs-2.83 Billion
2010	8.30%	28.53%	0.12x	2.33x	Rs-316.08 Million
2011	8.82%	19.49%	0.15x	3.02x	Rs-233.12 Million
2012	5.91%	13.86%	0.12x	3.41x	Rs-838.89 Million
2013	8.92%	17.55%	0.15x	3.41x	Rs-221.39 Million
2014	9.54%	20.81%	0.17x	2.70x	Rs-101.84 Million
2015	13.00%	23.56%	0.16x	3.34x	Rs762.23 Million
2016	13.76%	23.77%	0.15x	3.80x	Rs1.10 Billion
2017	14.11%	19.95%	0.14x	4.97x	Rs1.37 Billion
2018	13.59%	20.03%	0.14x	4.88x	Rs1.59 Billion
2019	11.15%	16.42%	0.15x	4.41x	Rs590.11 Million
2020	9.66%	15.79%	0.17x	3.68x	Rs-188.97 Million
2021	8.43%	18.26%	0.14x	3.34x	Rs-1.10 Billion
2022	10.06%	20.60%	0.15x	3.36x	Rs45.39 Million
2023	7.34%	18.39%	0.11x	3.61x	Rs-2.16 Billion
2024	4.83%	9.63%	0.14x	3.51x	Rs-4.39 Billion
2025	8.44%	20.39%	0.16x	2.52x	Rs-1.51 Billion
2026	11.28%	28.21%	0.16x	2.49x	Rs1.36 Billion

Industry Comparison

This section compares JM Financial Limited's net assets metrics with peer companies in the Capital Markets industry.

Industry Context

Industry: Capital Markets
Average net assets among peers: $4,908,684,012
Average return on equity (ROE) among peers: 25.82%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
JM Financial Limited (JMFINANCIL)	Rs113.58 Billion	29.52%	1.34x	$1.16 Billion
21st Century Management Services Limited (21STCENMGM)	$234.54 Million	21.28%	0.08x	$7.24 Million
5paisa Capital Ltd (5PAISA)	$121.33 Million	-45.32%	2.67x	$164.84 Million
Abans Holdings Limited (AHL)	$7.36 Billion	8.41%	0.59x	$117.39 Million
AUTHUM INVESTMENT & INFRASTRUCTU ORD (BSE) (AIIL)	$34.16 Billion	125.98%	1.02x	$4.85 Billion
Almondz Global Securities Limited (ALMONDZ)	$911.53 Million	5.96%	0.24x	$37.45 Million
Angel One Limited (ANGELONE)	$4.74 Billion	22.61%	4.02x	$3.07 Billion
Arihant Capital Markets Limited (ARIHANTCAP)	$394.77 Million	36.39%	2.25x	$102.22 Million
Ausom Enterprise Limited (AUSOMENT)	$397.58 Million	38.41%	0.70x	$21.10 Million
Avonmore Capital & Management Services Limited (AVONMORE)	$494.89 Million	13.98%	0.37x	$37.57 Million
Aditya Birla Money Limited (BIRLAMONEY)	$276.12 Million	30.51%	4.56x	$66.17 Million

About JM Financial Limited

NSE:JMFINANCIL India Capital Markets

Market Cap

$1.16 Billion

Rs107.14 Billion INR

Market Cap Rank

#7991 Global

#395 in India

Share Price

Rs111.96

Change (1 day)

+0.16%

52-Week Range

Rs106.19 - Rs161.93

All Time High

Rs193.02