JM Financial Ltd
JM Financial Ltd is an integrated and diversified financial services group. Its primary businesses include mortgage lending, distressed credit, asset management. It is also engaged in investment banking and the management of private equity funds. [1]
- Market Cap ₹ 7,826 Cr.
- Current Price ₹ 81.9
- High / Low ₹ 115 / 60.0
- Stock P/E 26.6
- Book Value ₹ 41.8
- Dividend Yield 2.20 %
- ROCE 8.32 %
- ROE 7.23 %
- Face Value ₹ 1.00
Pros
- Company is almost debt free.
- Company is expected to give good quarter
- Company has been maintaining a healthy dividend payout of 56.5%
- Debtor days have improved from 29.5 to 22.8 days.
- Company's median sales growth is 20.5% of last 10 years
Cons
- Company has a low return on equity of 7.44% over last 3 years.
- Earnings include an other income of Rs.108 Cr.
* 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
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
63 | 56 | 86 | 104 | 157 | 162 | 425 | 270 | 300 | 373 | 613 | 486 | 611 | |
17 | 7 | 12 | 16 | 18 | 16 | 157 | 133 | 127 | 138 | 186 | 159 | 341 | |
Operating Profit | 46 | 49 | 74 | 88 | 139 | 146 | 268 | 136 | 174 | 234 | 427 | 326 | 270 |
OPM % | 73% | 87% | 86% | 85% | 88% | 90% | 63% | 51% | 58% | 63% | 70% | 67% | 44% |
1 | 0 | 1 | 1 | 0 | 1 | 1 | 1 | 3 | 2 | 6 | 3 | 108 | |
Interest | 0 | 0 | 0 | 8 | 27 | 40 | 35 | 20 | 8 | 7 | 7 | 6 | 6 |
Depreciation | 1 | 0 | 0 | 0 | 0 | 1 | 2 | 2 | 12 | 12 | 11 | 10 | 11 |
Profit before tax | 46 | 49 | 75 | 80 | 112 | 107 | 233 | 116 | 156 | 217 | 416 | 313 | 362 |
Tax % | 7% | 8% | 5% | 3% | -0% | 0% | 18% | 4% | 19% | 19% | 21% | 13% | |
42 | 45 | 71 | 78 | 112 | 107 | 192 | 111 | 127 | 175 | 328 | 273 | 294 | |
EPS in Rs | 0.60 | 0.94 | 1.00 | 1.42 | 1.34 | 2.29 | 1.33 | 1.51 | 1.84 | 3.44 | 2.86 | 3.07 | |
Dividend Payout % | 106% | 151% | 106% | 135% | 102% | 112% | 79% | 75% | 13% | 27% | 48% | 94% |
Compounded Sales Growth | |
---|---|
10 Years: | 24% |
5 Years: | 3% |
3 Years: | 17% |
TTM: | 52% |
Compounded Profit Growth | |
---|---|
10 Years: | 20% |
5 Years: | 7% |
3 Years: | 29% |
TTM: | -3% |
Stock Price CAGR | |
---|---|
10 Years: | 11% |
5 Years: | -1% |
3 Years: | 0% |
1 Year: | 35% |
Return on Equity | |
---|---|
10 Years: | 7% |
5 Years: | 7% |
3 Years: | 7% |
Last Year: | 7% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 75 | 75 | 76 | 78 | 79 | 79 | 84 | 84 | 84 | 95 | 95 | 95 | 96 |
Reserves | 1,563 | 1,544 | 1,543 | 1,565 | 1,576 | 1,646 | 2,407 | 2,398 | 2,489 | 3,408 | 3,641 | 3,721 | 3,897 |
0 | 0 | 0 | 122 | 426 | 207 | 1 | 1 | 1 | 72 | 66 | 61 | 58 | |
164 | 153 | 172 | 183 | 191 | 121 | 187 | 174 | 269 | 216 | 234 | 206 | 261 | |
Total Liabilities | 1,802 | 1,773 | 1,791 | 1,949 | 2,272 | 2,053 | 2,679 | 2,657 | 2,843 | 3,790 | 4,037 | 4,083 | 4,311 |
2 | 1 | 2 | 2 | 3 | 2 | 6 | 5 | 77 | 69 | 61 | 53 | 52 | |
CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments | 1,507 | 1,470 | 1,313 | 1,662 | 1,757 | 1,769 | 2,424 | 2,389 | 2,528 | 3,021 | 3,251 | 3,071 | 2,899 |
293 | 301 | 476 | 285 | 512 | 282 | 249 | 263 | 238 | 700 | 725 | 959 | 1,360 | |
Total Assets | 1,802 | 1,773 | 1,791 | 1,949 | 2,272 | 2,053 | 2,679 | 2,657 | 2,843 | 3,790 | 4,037 | 4,083 | 4,311 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
15 | 5 | -85 | 19 | -221 | 257 | 179 | -37 | 151 | -352 | 203 | -265 | |
60 | 70 | 240 | -275 | 16 | 101 | -472 | 152 | -88 | -382 | -25 | 400 | |
-45 | -75 | -53 | 72 | 182 | -360 | 309 | -139 | -56 | 729 | -108 | -208 | |
Net Cash Flow | 30 | 0 | 102 | -184 | -23 | -1 | 15 | -24 | 8 | -5 | 70 | -73 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 0 | 0 | 0 | 0 | 0 | 0 | 21 | 14 | 27 | 49 | 17 | 23 |
Inventory Days | ||||||||||||
Days Payable | ||||||||||||
Cash Conversion Cycle | 0 | 0 | 0 | 0 | 0 | 0 | 21 | 14 | 27 | 49 | 17 | 23 |
Working Capital Days | -249 | -187 | 191 | 49 | 587 | 246 | 120 | 221 | 84 | 136 | 57 | 100 |
ROCE % | 3% | 3% | 5% | 5% | 7% | 7% | 12% | 5% | 6% | 7% | 11% | 8% |
Documents
Announcements
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 10h
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Certificate Pursuant To Regulation 40 (9) Of SEBI (LODR) Regulations 2015
1d - Copy of the certificate received by us from M/s Naren Shroff & Associates, Company Secretaries, Mumbai. The said certificate is for the year ended March …
- Board Meeting Intimation for Board Meeting To Consider Audited Financial Results For The Last Quarter And Financial Year Ended March 31, 2024 1d
- Compliance Certificate Under Regulation 7(3) Of SEBI (LODR ) Regulations, 2015 For The Year Ended March 31, 2024 8 Apr
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
8 Apr - Certificate under Regulation 74(5) of the SEBI(Depositories and Participants) Regulations, 2018 for the quarter ended march 31, 2024 We are enclosing the certificate of compliance …
Annual reports
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Financial Year 2013
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2011
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Business Segments FY23