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 ₹ 2,42,537 Cr.
- Current Price ₹ 382
- High / Low ₹ 395 / 203
- Stock P/E 151
- 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 | |
|---|---|---|
| 45 | 1,854 | |
| 6 | 296 | |
| Operating Profit | 39 | 1,558 |
| OPM % | 88% | 84% |
| 10 | 429 | |
| Interest | 0 | 10 |
| Depreciation | 0 | 22 |
| Profit before tax | 49 | 1,956 |
| Tax % | 37% | 18% |
| 31 | 1,605 | |
| EPS in Rs | 2.53 | |
| Dividend Payout % | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
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| 3 Years: | % |
| TTM: | 4034% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 6282% |
| Stock Price CAGR | |
|---|---|
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| Return on Equity | |
|---|---|
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| 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 % |
Documents
Announcements
- Certificate Under Regulation 40(9) Of The SEBI (LODR) Regulations, 2015 23 Apr
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Reporting Of Inadvertent Trade By A Designated Person
23 Apr - Reporting of inadvertent trade by a Designated Person in terms of SEBI Circular dated July 23, 2020
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Announcement under Regulation 30 (LODR)-Earnings Call Transcript
23 Apr - Transcript of Presentation on Audited Financial Results (Consolidated and Standalone) for the quarter and year ended March 31, 2024
- Code Of Practices And Procedures For Fair Disclosure Of Unpublished Price Sensitive Information Of The Company 22 Apr
- Audio/Video Recording Of Presentation On Audited Financial Results (Consolidated And Standalone) For The Quarter And Year Ended March 31, 2024 19 Apr
Annual reports
No data available.
Concalls
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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).