JM Financial (JMFINANCIL.NS) Stock Price

JM Financial Price

NSE·CLOSED
124.61INR+0.15 (+0.12 %)
Market closed

Revenue has compounded at 16.7% per year over the past 19 years to 43.38 B INR. Earnings per share have grown at 12.2% per year over the last 19 years. JM Financial's net margin stands at 18.9%, broadly stable from 18.5% several years earlier. JM Financial currently offers a dividend yield of about 3.37%. The payout ratio is around 49% of earnings. The dividend has grown at 2.8% per year over the past 19 years. Analysts set a median price target of 91.80 INR, implying 26.3% below the current price. Of 7 analysts, 6 rate the stock a buy — an overall Buy consensus. The stock trades about 10% above its 52-week low.

JM Financial stock price

Volume
Ex-Dividend
Details

Stock Price

How to Read This Chart

This chart tracks the historical stock price of JM Financial over time. You can switch between daily, weekly, and monthly views and select custom time ranges — from a single day to the full available history. Use the toggle to view price changes in absolute currency terms or as a percentage change relative to the starting date.

Total Return vs. Price Return

The "Total Return" toggle includes reinvested dividends on top of the pure price movement. This is critical because dividends can account for a significant portion of long-term returns. Historically, roughly 40 % of the S&P 500's total return has come from dividends. Always compare total return when evaluating a stock's real performance against a benchmark.

Intraday Price Data

When viewing a one-day time frame, the chart displays real-time intraday price movements. This is useful for observing how JM Financial stock reacts to market openings, earnings releases, or breaking news throughout the trading session.

What to Look For

Look for long-term trends (sustained upward or downward movements over months and years), support and resistance levels (price zones where the stock repeatedly bounces or reverses), and volatility (how much the price fluctuates day to day). Comparing JM Financial's price chart to a market index like the S&P 500 can reveal whether the stock is outperforming or underperforming the broader market.

JM Financial Stock Price History
DateJM Financial Price
7/10/2026124.61 INR
7/9/2026124.46 INR
7/8/2026124.94 INR
7/7/2026131.15 INR
7/6/2026132.16 INR
7/3/2026130.57 INR
7/2/2026129.26 INR
7/1/2026128.97 INR
6/30/2026122.31 INR
6/29/2026123.60 INR
6/25/2026125.81 INR
6/24/2026126.00 INR
6/23/2026125.98 INR
6/22/2026128.78 INR
6/19/2026125.15 INR
6/18/2026125.16 INR
6/17/2026125.46 INR
6/16/2026123.98 INR
6/15/2026126.05 INR
6/12/2026117.58 INR
6/11/2026117.61 INR
6/10/2026118.12 INR
6/9/2026119.22 INR
6/8/2026117.80 INR
6/5/2026122.94 INR
6/4/2026121.19 INR
6/3/2026122.67 INR
6/2/2026129.16 INR
6/1/2026121.86 INR
5/29/2026132.48 INR
5/27/2026132.89 INR
5/26/2026136.35 INR
5/25/2026130.84 INR
5/22/2026128.21 INR
5/21/2026131.31 INR
5/20/2026127.56 INR
5/19/2026129.05 INR
5/18/2026129.18 INR
5/15/2026133.81 INR
5/14/2026137.50 INR
5/13/2026139.33 INR
5/12/2026135.72 INR
5/11/2026140.93 INR
5/8/2026145.25 INR
5/7/2026142.85 INR
5/6/2026143.03 INR
5/5/2026142.33 INR
5/4/2026142.54 INR
5/1/2026139.07 INR
4/30/2026139.07 INR
4/29/2026136.81 INR
4/28/2026137.83 INR
4/27/2026140.56 INR
4/24/2026138.71 INR
4/23/2026139.10 INR
4/22/2026133.83 INR
4/21/2026133.46 INR
4/20/2026133.31 INR
4/17/2026137.39 INR
4/16/2026134.67 INR
4/15/2026135.14 INR
4/13/2026132.60 INR
4/10/2026134.04 INR
4/9/2026130.32 INR
4/8/2026128.90 INR
4/7/2026120.64 INR
4/6/2026122.28 INR
4/2/2026120.15 INR
4/1/2026120.30 INR
3/30/2026113.61 INR
3/27/2026119.74 INR
3/25/2026124.54 INR
3/24/2026120.44 INR
3/23/2026117.66 INR
3/20/2026123.16 INR
3/19/2026122.47 INR
3/18/2026127.39 INR
3/17/2026119.98 INR
3/16/2026119.30 INR
3/13/2026118.44 INR
3/12/2026123.38 INR
3/11/2026121.69 INR
3/10/2026121.05 INR
3/9/2026115.73 INR
3/6/2026121.74 INR
3/5/2026125.25 INR
3/4/2026122.31 INR
3/2/2026125.63 INR
2/27/2026127.74 INR
2/26/2026132.78 INR
2/25/2026133.59 INR
2/24/2026132.88 INR
2/23/2026134.72 INR
2/20/2026134.83 INR
2/19/2026138.10 INR
2/18/2026142.81 INR
2/17/2026137.78 INR
2/16/2026135.99 INR
2/13/2026136.50 INR
2/12/2026141.10 INR
2/11/2026138.19 INR
2/10/2026140.43 INR
2/9/2026130.68 INR
2/6/2026122.24 INR
2/5/2026124.90 INR
2/4/2026131.46 INR
2/3/2026127.30 INR
2/2/2026122.05 INR
1/30/2026128.95 INR
1/29/2026128.18 INR
1/28/2026129.50 INR
1/27/2026127.49 INR
1/23/2026128.26 INR
1/22/2026131.28 INR
1/21/2026127.14 INR
1/20/2026128.84 INR
1/19/2026134.67 INR
1/16/2026137.43 INR
1/15/2026138.96 INR
1/14/2026138.96 INR
1/13/2026135.33 INR
1/12/2026136.97 INR
1/9/2026138.88 INR
1/8/2026141.98 INR
1/7/2026146.69 INR
1/6/2026143.64 INR
1/5/2026147.94 INR
1/2/2026149.06 INR
1/1/2026147.56 INR
12/31/2025150.10 INR
12/30/2025148.26 INR
12/29/2025144.16 INR
12/26/2025144.29 INR
12/24/2025144.91 INR
12/23/2025144.89 INR
12/22/2025143.43 INR
12/19/2025142.56 INR
12/18/2025143.07 INR
12/17/2025141.22 INR
12/16/2025143.53 INR
12/15/2025145.93 INR
12/12/2025146.20 INR
12/11/2025142.82 INR
12/10/2025140.82 INR
12/9/2025139.93 INR
12/8/2025138.27 INR
12/5/2025141.66 INR
12/4/2025143.69 INR
12/3/2025149.14 INR
12/2/2025153.12 INR
12/1/2025154.58 INR
11/28/2025145.35 INR
11/27/2025146.41 INR
11/26/2025145.56 INR
11/25/2025139.90 INR
11/24/2025137.38 INR
11/21/2025140.06 INR
11/20/2025144.48 INR
11/19/2025147.52 INR
11/18/2025146.71 INR
11/17/2025149.70 INR
11/14/2025150.67 INR
11/13/2025154.10 INR
11/12/2025151.47 INR
11/11/2025147.42 INR
11/10/2025146.90 INR
11/7/2025158.85 INR
11/6/2025161.93 INR
11/4/2025165.39 INR
11/3/2025167.61 INR
10/31/2025164.02 INR
10/30/2025167.19 INR
10/29/2025171.16 INR
10/28/2025170.46 INR
10/27/2025169.79 INR
10/24/2025171.49 INR
10/23/2025171.00 INR
10/21/2025170.90 INR
10/20/2025173.54 INR
10/17/2025171.48 INR
10/16/2025175.14 INR
10/15/2025177.95 INR
10/14/2025173.06 INR
10/13/2025177.70 INR
10/10/2025170.87 INR
10/9/2025176.33 INR
10/8/2025177.83 INR
10/7/2025174.53 INR
10/6/2025175.79 INR
10/3/2025168.28 INR
10/1/2025163.20 INR
9/30/2025159.70 INR
9/29/2025161.77 INR
9/26/2025163.30 INR
9/25/2025165.37 INR
9/24/2025171.24 INR
9/23/2025172.65 INR
9/22/2025171.25 INR
9/19/2025171.60 INR
9/18/2025176.13 INR
9/17/2025175.95 INR
9/16/2025178.03 INR
9/15/2025180.53 INR
9/12/2025179.96 INR
9/11/2025180.42 INR
9/10/2025175.66 INR
9/9/2025190.72 INR
9/8/2025192.24 INR
9/5/2025184.38 INR
9/4/2025182.13 INR
9/3/2025189.51 INR
9/2/2025183.25 INR
9/1/2025185.07 INR
8/29/2025177.48 INR
8/28/2025182.98 INR
8/26/2025186.68 INR
8/25/2025192.46 INR
8/22/2025193.02 INR
8/21/2025189.73 INR
8/20/2025184.57 INR
8/19/2025188.37 INR
8/18/2025186.31 INR
8/14/2025185.89 INR
8/13/2025187.07 INR
8/12/2025162.65 INR
8/11/2025159.99 INR
8/8/2025155.29 INR
8/7/2025155.02 INR
8/6/2025154.33 INR
8/5/2025154.13 INR
8/4/2025157.20 INR
8/1/2025151.92 INR
7/31/2025157.83 INR
7/30/2025157.01 INR
7/29/2025163.38 INR
7/28/2025162.91 INR
7/25/2025168.79 INR
7/24/2025177.07 INR
7/23/2025179.59 INR
7/22/2025170.24 INR
7/21/2025169.48 INR
7/18/2025169.27 INR
7/17/2025169.25 INR
7/16/2025170.79 INR
7/15/2025170.61 INR
7/14/2025172.18 INR
Access this data via the Eulerpool API

JM Financial Revenue, EBIT, Net Income

  • 3 Years

  • 5 Years

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  • 25 Years

  • Max

Revenue
EBIT
Net Income
Details
Date
Revenue
EBIT
Net Income
Jan 1, 2018
30.78 B INR
12.48 B INR
6.01 B INR
Jan 1, 2019
34.79 B INR
12.98 B INR
5.72 B INR
Jan 1, 2020
34.32 B INR
13.31 B INR
5.45 B INR
Jan 1, 2021
31.98 B INR
12.97 B INR
5.90 B INR
Jan 1, 2022
37.07 B INR
16.49 B INR
7.73 B INR
Jan 1, 2023
32.65 B INR
9.76 B INR
5.97 B INR
Jan 1, 2024
47.59 B INR
17.86 B INR
4.10 B INR
Jan 1, 2025
43.38 B INR
14.18 B INR
8.21 B INR

JM Financial Income Statement, Balance Sheet, Cash Flow Statement

Last updated Jul 12, 2026, 12:11 PM
 
REVENUEB INR
REVENUE GROWTH%
GROSS MARGIN%
GROSS INCOMEB INR
NET INCOMEB INR
NET INCOME GROWTH%
DIV.INR
DIV. GROWTH%
SHARESM
2010201120122013201420152016201720182019202020212022202320242025
6.298.968.7410.4210.0714.0316.8523.5930.7834.7934.3231.9837.0732.6547.5943.38
35.2542.48-2.4419.24-3.4139.3720.0840.0430.4713.03-1.36-6.8315.94-11.9345.75-8.84
78.7263.5655.6354.2061.4463.1365.0362.9459.6458.4356.5460.4965.0257.5061.1862.23
4.955.694.865.656.198.8610.9614.8518.3620.3319.4019.3424.1118.7729.1127.00
1.521.751.211.832.103.314.014.706.015.725.455.907.735.974.108.21
-244.2015.10-30.5850.9114.5457.7621.1817.4027.80-4.78-4.758.2831.03-22.76-31.38100.41
0.250.600.600.901.001.351.451.501.801.001.000.502.550.901.804.20
25.00140.0050.0011.1135.007.413.4520.00-44.44-50.00410.00-64.71100.00133.33
750.00750.00753.00754.00769.00778.00795.00799.00808.00843.00844.00933.00955.00955.19955.56957.07
Details

Income Statement Key Figures

Revenue and Revenue Growth

Revenue is the starting point of every income statement — it measures the total sales JM Financial generates from its core business. Revenue growth (expressed as year-over-year percentage change) is one of the most important indicators of business momentum. Sustained growth above 10 % annually is generally considered strong, while declining revenue is a serious warning sign that demands investigation.

Gross Margin

Gross margin = (Revenue − Cost of Goods Sold) ÷ Revenue. It reveals what percentage of each dollar of revenue JM Financial retains after direct production costs. High gross margins (above 50 %) are typical of asset-light businesses like software and brands, while capital-intensive industries like manufacturing often operate below 30 %. Compare JM Financial's gross margin to industry peers and track it over time to spot improving or deteriorating pricing power.

EBIT and EBIT Margin

EBIT measures operating profit — what remains after subtracting all operating expenses (including R&D, sales, and administrative costs) from gross profit. The EBIT margin shows this as a percentage of revenue. Because it excludes interest and taxes, EBIT allows fair comparisons between companies with different debt levels and tax jurisdictions. A rising EBIT margin indicates improving operational efficiency.

Net Income and Earnings Per Share (EPS)

Net income is the company's final profit after all expenses, interest, and taxes. Dividing net income by the number of shares outstanding gives you EPS — the single most influential metric in stock valuation. Consistent EPS growth is the primary driver of long-term stock price appreciation. Always check whether EPS growth comes from genuine profit improvement or from share buybacks reducing the share count.

Shares Outstanding

The total number of shares JM Financial has issued. A declining share count (through buybacks) boosts EPS and signals management confidence. A rising share count (through stock issuance) dilutes existing shareholders. Always monitor this number alongside EPS to get the full picture of per-share value creation.

Analyst Estimates

The projected figures represent consensus estimates from professional analysts. Compare these forecasts against JM Financial's historical growth rates to assess whether expectations are realistic. A company that consistently beats consensus estimates tends to see its stock price rewarded over time, while repeated misses erode investor confidence.

JM Financial stock margins

The JM Financial margin analysis displays the gross margin, EBIT margin, as well as the profit margin of JM Financial. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for JM Financial.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Gross margin
EBIT margin
Profit margin
Details
Date
Gross margin
EBIT margin
Profit margin
Jan 1, 2018
59.64 %
40.54 %
19.52 %
Jan 1, 2019
58.43 %
37.30 %
16.45 %
Jan 1, 2020
56.54 %
38.79 %
15.88 %
Jan 1, 2021
60.49 %
40.56 %
18.46 %
Jan 1, 2022
65.02 %
44.48 %
20.86 %
Jan 1, 2023
57.50 %
29.88 %
18.29 %
Jan 1, 2024
61.18 %
37.53 %
8.61 %
Jan 1, 2025
62.23 %
32.69 %
18.93 %

JM Financial Stock Revenue, EBIT, Earnings per Share

The JM Financial earnings per share therefore indicates how much revenue JM Financial has generated per share in a given period. The earnings before interest and taxes per share shows how much of the operating profit corresponds to each share. The earnings per share indicates how much of the profit belongs to each share.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Revenue per Share
EBIT per share
Earnings per Share
Details
Date
Revenue per Share
EBIT per share
Earnings per Share
Jan 1, 2018
38.10 INR
15.45 INR
7.44 INR
Jan 1, 2019
41.27 INR
15.39 INR
6.79 INR
Jan 1, 2020
40.66 INR
15.77 INR
6.46 INR
Jan 1, 2021
34.27 INR
13.90 INR
6.32 INR
Jan 1, 2022
38.82 INR
17.27 INR
8.10 INR
Jan 1, 2023
34.18 INR
10.21 INR
6.25 INR
Jan 1, 2024
49.80 INR
18.69 INR
4.29 INR
Jan 1, 2025
45.33 INR
14.82 INR
8.58 INR

JM Financial business model & stock analysis

JM Financial Eulerpool Fair Value

Details

Fair Value Estimate

What Is Fair Value?

Fair value is an estimate of what a stock is truly "worth" based on its financial fundamentals, independent of the current market price. If the calculated fair value is above the current share price, the stock may be undervalued — and vice versa. This chart shows three different fair value approaches so you can cross-check them against each other.

Earnings-Based Fair Value

Calculated by multiplying the current earnings per share (EPS) by the average historical P/E ratio over a selected multi-year period. The smoothing over several years filters out temporary spikes or dips. If this fair value exceeds the market price, it suggests the stock is cheap relative to its earning power.

Example: Fair Value (Earnings) 2022 = EPS 2022 × Average P/E 2019–2021

Revenue-Based Fair Value

Derived by multiplying revenue per share by the average historical price-to-sales ratio. This method is particularly useful for companies with volatile or temporarily depressed earnings, as revenue tends to be more stable than profits. It answers: "At what price has the market historically valued each dollar of this company's sales?"

Example: Fair Value (Revenue) 2022 = Revenue per Share 2022 × Average P/S 2019–2021

Dividend-Based Fair Value

Calculated by dividing the dividend per share by the average historical dividend yield. This approach is most relevant for mature, consistently dividend-paying companies. If the resulting fair value is higher than the current price, it implies the stock offers a better yield than its historical average.

Example: Fair Value (Dividend) 2022 = Dividend per Share 2022 ÷ Average Yield 2019–2021

How to Use This Chart

When all three fair value lines converge above the current price, it strengthens the case that the stock is undervalued. When they diverge, investigate why — it may indicate a structural shift in margins, payout policy, or growth rate. The forward estimates on the right extend the analysis using projected fundamentals, helping you assess whether the current price already reflects future growth expectations.

JM Financial historical P/E ratio, EBIT multiple, and P/S ratio

JM Financial annual returns

Details

Annual Return

What This Chart Shows

This chart breaks down 's total annual return into two components: price return (gains or losses from stock price movement) and dividend return (income received from dividend payments). Together, they represent the total return an investor would have earned in each calendar year.

Price Return

Price return measures the percentage change in 's stock price from January 1st to December 31st of each year. Positive bars indicate the stock appreciated; negative bars show a decline. This is the component most investors focus on, but it tells only part of the story — especially for dividend-paying stocks.

Dividend Return

Dividend return represents the income generated from dividends paid during the year, expressed as a percentage of the starting stock price. While it may seem small in any single year (typically 1–4 % for established companies), dividends compound significantly over decades and have historically contributed roughly 40 % of total stock market returns.

What to Look For

Examine how many years showed positive vs. negative returns to gauge consistency. A stock with mostly positive years and small drawdowns suggests lower risk. Also compare 's annual returns to a benchmark index — consistently outperforming the market is a hallmark of a strong investment. Pay attention to the worst years: understanding downside risk is just as important as chasing upside potential.

JM Financial shares outstanding

The number of shares of JM Financial was 957.07 M in 2025. This indicates how many shares JM Financial is divided into. Since shareholders are the owners of a company, each share represents a small portion of the company's ownership.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Number of stocks
Details
Date
Number of stocks
Jan 1, 2018
808.00 M Stocks
Jan 1, 2019
843.00 M Stocks
Jan 1, 2020
844.00 M Stocks
Jan 1, 2021
933.00 M Stocks
Jan 1, 2022
955.00 M Stocks
Jan 1, 2023
955.19 M Stocks
Jan 1, 2024
955.56 M Stocks
Jan 1, 2025
957.07 M Stocks

JM Financial Dividend History

25 years of dividend payments · 2 consecutive increases

YearAnnual DividendYoY ChangePayments
20254.20INR 110.0%
Jun 13, 20252.70INR 35.0%1/2
Nov 14, 20251.50INR 44.4%2/2
20242.00INR 122.2%
20230.90INR 64.7%
20222.55INR 410.0%
20210.50INR 150.0%
20200.20INR 80.0%
20191.00INR 44.4%
20181.80INR 20.0%
20171.50INR 3.4%
20161.45INR 7.4%

JM Financial dividend history and estimates

In 2025, JM Financial paid a dividend amounting to 4.20 INR. Dividend means that JM Financial distributes a portion of its profits to its owners.
  • Max

Dividend
Dividend (Estimate)
Details
Date
Dividend
Dividend (Estimate)
Jan 1, 2018
1.80 INR
0.00 INR
Jan 1, 2019
1.00 INR
0.00 INR
Jan 1, 2020 (e)
0.20 INR
0.80 INR
Jan 1, 2021
0.50 INR
0.00 INR
Jan 1, 2022
2.55 INR
0.00 INR
Jan 1, 2023
0.90 INR
0.00 INR
Jan 1, 2024 (e)
2.00 INR
-0.20 INR
Jan 1, 2025
4.20 INR
0.00 INR

JM Financial dividend payout ratio

In 2025, JM Financial had a payout ratio of 48.94%. The payout ratio indicates the percentage of the company's profits that JM Financial distributes as dividends.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Payout ratio
Details
Date
Payout ratio
Jan 1, 2018
24.19 %
Jan 1, 2019
14.73 %
Jan 1, 2020
3.10 %
Jan 1, 2021
7.91 %
Jan 1, 2022
31.52 %
Jan 1, 2023
14.39 %
Jan 1, 2024
46.63 %
Jan 1, 2025
48.94 %

Current JM Financial forecasts and price targets in July 2026

Analyst Price Targets 2026
Δ MOM Price Target
9.55 %
Buy85.71 % (6)
Hold14.29 % (1)
Sell0.00 % (0)
12M Price Target
91.80
Last Price
124.61
Currency
INR
12M Return Potential
-26.33 %
LTM Return
0 %

EESG©

Eulerpool ESG Scorecard© for the JM Financial stock

57/100
32
Environment
65
Social
74
Governance
E

Environment

20
Scope 1 - Direct Emissions8.03
Scope 2 - Indirect emissions from purchased energy438.49
Scope 3 - Indirect emissions within the value chain
Total CO₂ emissions446.52
CO₂ reduction strategy
Coal energy
Nuclear power
Animal experiments
Fur & Leather
Pesticides
Palm Oil
Tobacco
Genetically modified organisms
Climate concept
Sustainable forestry
Recycling regulations
Environmentally friendly packaging
Hazardous substances
Fuel consumption and efficiency
Water consumption and efficiency
S

Social

20
Percentage of female employees17
Percentage of women in management
Percentage of Asian employees
Share of Asian management
Percentage of Hispanic/Latino employees
Hispano/Latino Management share
Percentage of Black employees
Black Management Share
Percentage of white employees
White Management Share
Adult content
Alcohol
Weapons
Firearms
Gambling
Military contracts
Human rights concept
Privacy concept
Occupational health and safety
Catholic
G

Governance (Corporate Governance)

4
Environmental reporting
Stakeholder Engagement
Call Back Policies
Antitrust law

The Eulerpool ESG Scorecard© is the strictly copyrighted intellectual property of Eulerpool Research Systems. Any unauthorized use, imitation, or infringement will be actively pursued and may lead to significant legal consequences. For licenses, collaborations, or usage rights, please contact us directly via our contact form. Contact Form to us.

JM Financial shareholder structure

% Name
35.82805%
JM Financial Asset Management Pvt. Ltd.
JM Financial Asset Management Pvt. Ltd.
13.01811%
Kampani (Nimesh N)
Kampani (Nimesh N)
3.96562%
ICICI Prudential Asset Management Co. Ltd.
ICICI Prudential Asset Management Co. Ltd.
3.00774%
Baron Capital Management, Inc.
Baron Capital Management, Inc.
2.91953%
Kampani (Aruna Nimesh)
Kampani (Aruna Nimesh)
2.35902%
TIMF Holdings
TIMF Holdings
...

JM Financial Executives and Management Board

AP

Mr. Adi Patel

(53)

Managing Director, Executive Director · since 2020

Compensation69.98 M INR
PK

Mr. Pradip Kanakia

Non-Executive Independent Director

Compensation3.46 M INR
PJ

Mr. P. Jayakumar

Non-Executive Independent Director

Compensation3.43 M INR
JP

Ms. Jagi Panda

Non-Executive Independent Director

Compensation3.35 M INR
SB

Mr. Sumit Bose

(70)

Non-Executive Independent Director

Compensation3.00 M INR
...

Frequently asked questions about JM Financial

Analysts currently set an average price target of 91.80 INR for the JM Financial stock (median: 91.80 INR), implying -26.3 % versus the latest price. The consensus is based on 7 analyst ratings.