JM Financial Limited (JMFINANCIL) - Net Assets

Latest as of September 2025: Rs109.12 Billion INR ≈ $1.18 Billion USD

Based on the latest financial reports, JM Financial Limited (JMFINANCIL) has net assets worth Rs109.12 Billion INR (≈ $1.18 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 (Rs245.84 Billion ≈ $2.66 Billion USD) and total liabilities (Rs136.71 Billion ≈ $1.48 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 financial resilience of JM Financial Limited to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	Rs109.12 Billion
% of Total Assets	44.39%
Annual Growth Rate	33.4%
5-Year Change	5.73%
10-Year Change	185.92%
Growth Volatility	311.51

JM Financial Limited - Net Assets Trend (2005–2025)

This chart illustrates how JM Financial Limited's net assets have evolved over time, based on quarterly financial data. Also explore JMFINANCIL total asset value for the complete picture of this company's asset base.

Annual Net Assets for JM Financial Limited (2005–2025)

The table below shows the annual net assets of JM Financial Limited from 2005 to 2025. For live valuation and market cap data, see JM Financial Limited stock valuation.

Year	Net Assets	Change
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 5563190000000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (March 2025)

Component	Amount	Percentage
Retained Earnings	Rs55.63 Billion	57.19%
Common Stock	Rs955.80 Million	0.98%
Other Comprehensive Income	Rs20.25 Billion	20.82%
Other Components	Rs20.44 Billion	21.01%
Total Equity	Rs97.28 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
Daxin Materials Corp TW:5234	$1.44 Billion
Sundaram Finance Holdings Limited NSE:SUNDARMHLD	$1.44 Billion
Bank Pan Indonesia Tbk JK:PNBN	$1.44 Billion
Jungheinrich AG O.N.VZO XETRA:JUN3	$1.44 Billion
Siglent Technologies Co Ltd SHG:688112	$1.44 Billion
Aveanna Healthcare Holdings Inc NASDAQ:AVAH	$1.44 Billion
Chengdu RML Technology Co. Ltd. SHE:301050	$1.44 Billion
ZHEJIANG ASIA-PACIFIC MECHANICAL & ELECTRONIC CO LTD SHE:002284	$1.44 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 2024 to 2025, total equity changed from 84,905,000,000 to 97,278,000,000, a change of 12,373,000,000 (14.6%).
Net income of 8,213,100,000 contributed positively to equity growth.
Dividend payments of 1,960,800,000 reduced retained earnings.
Share repurchases of 905,200,000 reduced equity.
Other comprehensive income increased equity by 1,016,600,000.
Other factors increased equity by 6,009,300,000.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	Rs8.21 Billion	+8.44%
Dividends Paid	Rs1.96 Billion	-2.02%
Share Repurchases	Rs905.20 Million	-0.93%
Other Comprehensive Income	Rs1.02 Billion	+1.05%
Other Changes	Rs6.01 Billion	+6.18%
Total Change	Rs-	14.57%

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: 1.37x
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 122.67x to 1.37x 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	Rs139.07	x
2006-03-31	Rs8.68	Rs139.07	x
2007-03-31	Rs8.02	Rs139.07	x
2008-03-31	Rs24.94	Rs139.07	x
2009-03-31	Rs23.31	Rs139.07	x
2010-03-31	Rs24.77	Rs139.07	x
2011-03-31	Rs26.39	Rs139.07	x
2012-03-31	Rs27.35	Rs139.07	x
2013-03-31	Rs27.21	Rs139.07	x
2014-03-31	Rs28.57	Rs139.07	x
2015-03-31	Rs32.69	Rs139.07	x
2016-03-31	Rs36.92	Rs139.07	x
2017-03-31	Rs41.72	Rs139.07	x
2018-03-31	Rs54.73	Rs139.07	x
2019-03-31	Rs60.85	Rs139.07	x
2020-03-31	Rs66.79	Rs139.07	x
2021-03-31	Rs75.02	Rs139.07	x
2022-03-31	Rs80.45	Rs139.07	x
2023-03-31	Rs85.18	Rs139.07	x
2024-03-31	Rs88.85	Rs139.07	x
2025-03-31	Rs101.62	Rs139.07	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): 8.44%
The company has moderate efficiency in generating returns from equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 20.39%
• Asset Turnover: 0.16x
• Equity Multiplier: 2.52x
Recent ROE (8.44%) is below the historical average (13.75%), 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

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: $1,760,362,035
Average return on equity (ROE) among peers: 9.10%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
JM Financial Limited (JMFINANCIL)	Rs109.12 Billion	29.52%	1.25x	$1.44 Billion
21st Century Management Services Limited (21STCENMGM)	$456.10 Million	12.69%	0.44x	$4.15 Million
5paisa Capital Ltd (5PAISA)	$121.33 Million	-45.32%	2.67x	$113.39 Million
Abans Holdings Limited (AHL)	$7.36 Billion	8.41%	0.59x	$117.39 Million
AUTHUM INVESTMENT & INFRASTRUCTU ORD (BSE) (AIIL)	$552.74 Million	2.13%	0.52x	$4.33 Billion
Almondz Global Securities Limited (ALMONDZ)	$1.10 Billion	10.23%	0.67x	$30.95 Million
Angel One Limited (ANGELONE)	$3.47 Billion	12.65%	1.81x	$3.03 Billion
Arihant Capital Markets Limited (ARIHANTCAP)	$1.19 Billion	17.41%	1.60x	$83.11 Million
Ausom Enterprise Limited (AUSOMENT)	$605.47 Million	34.34%	0.54x	$21.77 Million
Avonmore Capital & Management Services Limited (AVONMORE)	$1.13 Billion	5.92%	0.68x	$37.72 Million
Aditya Birla Money Limited (BIRLAMONEY)	$1.63 Billion	32.55%	12.01x	$89.41 Million

About JM Financial Limited

NSE:JMFINANCIL India Capital Markets

Market Cap

$1.44 Billion

Rs133.00 Billion INR

Market Cap Rank

#7557 Global

#351 in India

Share Price

Rs139.07

Change (1 day)

+1.65%

52-Week Range

Rs99.83 - Rs193.02

All Time High

Rs193.02