Jio Financial Services Ltd
JFSL was originally incorporated as Reliance Strategic Investments Private Limited in July, 1999 under the Companies Act 1956. Jio Financial Services Limited was incorporated in July, 23. JFSL is a NBFC-ND-SI registered with RBI. The company is a holding company and will operate its financial services business through its consumer-facing subsidiaries namely Jio Finance Limited (JFL), Jio Insurance Broking Limited (JIBL), and Jio Payment Solutions Limited (JPSL) and joint venture namely Jio Payments Bank Limited (JPBL).[1]Jio Financial Serv
- Market Cap ₹ 2,15,376 Cr.
- Current Price ₹ 339
- High / Low ₹ 395 / 203
- Stock P/E 136
- Book Value ₹ 219
- Dividend Yield 0.00 %
- ROCE 1.55 %
- ROE 1.27 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Finance Industry: Finance & Investments
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|
45 | 1,854 | 1,858 | |
6 | 296 | 331 | |
Operating Profit | 39 | 1,558 | 1,526 |
OPM % | 88% | 84% | 82% |
10 | 429 | 424 | |
Interest | 0 | 10 | 0 |
Depreciation | 0 | 22 | 22 |
Profit before tax | 49 | 1,956 | 1,929 |
Tax % | 37% | 18% | |
31 | 1,605 | 1,585 | |
EPS in Rs | 2.53 | 2.49 | |
Dividend Payout % | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
TTM: | 4034% |
Compounded Profit Growth | |
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10 Years: | % |
5 Years: | % |
3 Years: | % |
TTM: | 6282% |
Stock Price CAGR | |
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10 Years: | % |
5 Years: | % |
3 Years: | % |
1 Year: | % |
Return on Equity | |
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10 Years: | % |
5 Years: | % |
3 Years: | % |
Last Year: | 1% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2023 | Mar 2024 | |
---|---|---|
Equity Capital | 2 | 6,353 |
Reserves | 114,118 | 132,794 |
743 | 0 | |
66 | 5,715 | |
Total Liabilities | 114,930 | 144,863 |
158 | 175 | |
CWIP | 38 | 0 |
Investments | 108,141 | 133,292 |
6,593 | 11,396 | |
Total Assets | 114,930 | 144,863 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2023 | Mar 2024 | |
---|---|---|
2,055 | -678 | |
-1,103 | 1,441 | |
-889 | -753 | |
Net Cash Flow | 63 | 11 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2023 | Mar 2024 | |
---|---|---|
Debtor Days | 113 | 3 |
Inventory Days | ||
Days Payable | ||
Cash Conversion Cycle | 113 | 3 |
Working Capital Days | 3,644 | 4 |
ROCE % | 2% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Credit Rating
22h - Of Credit Ratings assigned by "CARE Ratings Limited" and "CRISIL Ratings Limited" to Jio Leasing Services Limited, a wholly owned subsidiary of the Company
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Announcement under Regulation 30 (LODR)-Earnings Call Transcript
16 Jul - Transcript of Presentation on Unaudited Financial Results (Consolidated and Standalone) for the quarter ended June 30, 2024
- Audio / Video Recording Of Presentation On Unaudited Financial Results (Consolidated And Standalone) For The Quarter Ended June 30, 2024 15 Jul
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Announcement under Regulation 30 (LODR)-Investor Presentation
15 Jul - Presentation to Analysts on Unaudited Financial Results (Consolidated and Standalone) for the quarter ended June 30, 2024
- Board Meeting Outcome for Outcome Of Board Meeting 15 Jul
Annual reports
No data available.
Concalls
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Jul 2024Transcript PPT
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Apr 2024Transcript PPT
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Apr 2024TranscriptPPT
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Jan 2024Transcript PPT
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Oct 2023Transcript PPT
Group Structure[1]
As of H1FY24, Jio Financial Services Ltd. is the holding company for Jio Finance Ltd., Jio Insurance Broking Ltd., Jio Payments Bank, Jio Payment Solutions Ltd., Reliance Industrial
Investment Holdings Ltd., and Proposed
AMC Business (JV with Blackrock).