JM Financial Limited (JMFINANCIL) - Net Assets

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

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. Check JM Financial Limited strategic capital allocation to assess the company's strategic physical and investment asset allocation.

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

JM Financial Limited - Net Assets Trend (2005–2026)

This chart illustrates how JM Financial Limited's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see JM Financial Limited stock valuation.

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. Also explore JM Financial Limited net asset momentum to track the company's year-over-year net asset growth rate.

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.

Current Equity Component Breakdown (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
Suzhou Oriental Semiconductor Co. Ltd. A
SHG:688261
 $1.27 Billion
Jiangsu Guomao Reducer Co Ltd
SHG:603915
 $1.27 Billion
Koh Young Technology Inc
KQ:098460
 $1.27 Billion
OMH SCIENCE Group Co Ltd
SHE:300486
 $1.27 Billion
SM Entertainment Co. Ltd
KQ:041510
 $1.27 Billion
Lloyds Engineering Works Limited
NSE:LLOYDSENGG
 $1.27 Billion
Amalgamated Bank
NASDAQ:AMAL
 $1.27 Billion
Camel Group Co Ltd
SHG:601311
 $1.27 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: 1.10x
  • 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 108.06x to 1.10x 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 Rs122.51 x
2006-03-31 Rs8.68 Rs122.51 x
2007-03-31 Rs8.02 Rs122.51 x
2008-03-31 Rs24.94 Rs122.51 x
2009-03-31 Rs23.31 Rs122.51 x
2010-03-31 Rs24.77 Rs122.51 x
2011-03-31 Rs26.39 Rs122.51 x
2012-03-31 Rs27.35 Rs122.51 x
2013-03-31 Rs27.21 Rs122.51 x
2014-03-31 Rs28.57 Rs122.51 x
2015-03-31 Rs32.69 Rs122.51 x
2016-03-31 Rs36.92 Rs122.51 x
2017-03-31 Rs41.72 Rs122.51 x
2018-03-31 Rs54.73 Rs122.51 x
2019-03-31 Rs60.85 Rs122.51 x
2020-03-31 Rs66.79 Rs122.51 x
2021-03-31 Rs75.02 Rs122.51 x
2022-03-31 Rs80.45 Rs122.51 x
2023-03-31 Rs85.18 Rs122.51 x
2024-03-31 Rs88.85 Rs122.51 x
2025-03-31 Rs101.62 Rs122.51 x
2026-03-31 Rs111.28 Rs122.51 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: $5,272,693,223
  • Average return on equity (ROE) among peers: 11.32%

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 $1.27 Billion
21st Century Management Services Limited (21STCENMGM) $500.94 Million -11.87% 0.09x $4.39 Million
5paisa Capital Ltd (5PAISA) $4.63 Billion 9.40% 2.54x $159.90 Million
Abans Holdings Limited (AHL) $10.13 Billion 8.81% 1.86x $117.39 Million
AUTHUM INVESTMENT & INFRASTRUCTU ORD (BSE) (AIIL) $636.25 Million 13.13% 0.24x $4.84 Billion
Almondz Global Securities Limited (ALMONDZ) $1.25 Billion -0.24% 0.55x $34.57 Million
Angel One Limited (ANGELONE) $30.39 Billion 37.04% 3.36x $2.91 Billion
Arihant Capital Markets Limited (ARIHANTCAP) $835.42 Million 10.24% 0.68x $96.27 Million
Ausom Enterprise Limited (AUSOMENT) $1.61 Billion 12.09% 0.23x $21.99 Million
Avonmore Capital & Management Services Limited (AVONMORE) $1.65 Billion 3.55% 0.32x $36.68 Million
Aditya Birla Money Limited (BIRLAMONEY) $1.09 Billion 31.05% 11.49x $73.72 Million

About JM Financial Limited

NSE:JMFINANCIL India Capital Markets
Market Cap
$1.27 Billion
Rs117.24 Billion INR
Market Cap Rank
#7901 Global
#393 in India
Share Price
Rs122.51
Change (1 day)
+1.70%
52-Week Range
Rs113.61 - Rs177.95
All Time High
Rs193.02
Categories
Companies in India Capital Markets
About

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. It operates through Corporate Advisory and Capital Markets; Wealth and Asset Management; Private Markets; and Affordable Home Loans segm… Read more