Jio Financial Services Ltd (JIOFIN) — shareholding pattern, promoter holding, financials and share price
About Jio Financial Services Ltd (JIOFIN)
Jio Financial Services Ltd operates in the Investment Company industry, within the Financial Services sector. It trades on the NSE as JIOFIN and on the BSE under scrip code 543940. Its ISIN is INE758E01017.
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 Services is a diversified Indian financial services group offering a digital-first 360-degree platform across Borrow (Jio Credit), Invest (JioBlackRock AMC and wealth), Transact (Jio Payments Bank and Payment Solutions) and Protect (Jio Insurance Broking and Allianz JVs), operating through wholly-owned subsidiaries and strategic joint ventures to serve retail, merchant and institutional customers across India.
Rapid scale: Jio Credit Limited AUM grew from Rs. 173 crore in FY24 to Rs. 25,711 crore in FY26, reflecting 149x growth; Payment Solutions TPV reached Rs. 52,226 crore in FY26 and Jio Payments Bank deposits rose to Rs. 544 crore, while unique digital users expanded to 23 million, demonstrating broad multi-vertical traction across lending, payments and investments.
Listed peers in Investment Company: Aditya Birla Capital Ltd, Tata Investment Corporation Ltd, Cholamandalam Financial Holdings Ltd, TVS Holdings Ltd, Maharashtra Scooters Ltd, JSW Holdings Ltd.
Valuation & Returns
10 Jul 2026At ₹241.85 a share on 10 Jul 2026, Jio Financial Services Ltd (JIOFIN) was valued at a price-to-earnings ratio of 102.31x against an industry P/E of 19.5x and a price-to-book of 1.29x on a book value of ₹187.03 per share as of Mar 2025. Solomo computes return on equity of 1.26% and return on capital employed of 1.71% from filed results. Earnings ratios use consolidated results for the twelve months Jun 2025 to Mar 2026.
- P/E
- 102.31x
- Industry P/E
- 19.5x
- P/B
- 1.29x
- EPS (TTM)
- ₹2.36
- Book value / share
- ₹187.03
- ROE
- 1.26%
- ROCE
- 1.71%
- ROA
- 1.17%
- Debt / equity
- 0.03x
- Dividend yield
- 0.21%
- EBITDA margin
- 76.46%
- 52-week range
- ₹223.3 – ₹338.45
Ratios are computed from filed results and the last recorded price. Not investment advice.
Financial Performance
Mar 2026In the year ended Mar 2026, Jio Financial Services Ltd (JIOFIN) reported revenue of ₹3,513 crore, net profit of ₹1,561 crore and earnings per share of ₹2.46. That compares with revenue of ₹2,043 crore and net profit of ₹1,613 crore in Mar 2025. Figures are consolidated, as filed with the exchanges.
In the quarter ended Mar 2026, revenue was ₹1,019 crore and net profit ₹272 crore (consolidated).
| Metric | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| Revenue (₹ cr) | 45 | 1,855 | 2,043 | 3,513 |
| Net profit (₹ cr) | 31 | 1,605 | 1,613 | 1,561 |
| EPS (₹) | - | 2.53 | 2.54 | 2.46 |
| Measure | 5Y | 3Y | 1Y |
|---|---|---|---|
| Sales growth | 18.19% | 75.66% | 10.17% |
| Profit growth | 19.01% | 48.38% | 0.50% |
| Stock price CAGR | - | - | -26% |
Ownership Summary
Jun 2026As of Jun 2026, promoters hold 49.13% of Jio Financial Services Ltd (JIOFIN) (up 2.01 pp QoQ), foreign institutional investors (FII) hold 11.27% and domestic institutional investors (DII) hold 13.36%. Market capitalisation was ₹1,59,697 crore on 10 Jul 2026. Shareholding is filed quarterly with BSE and NSE; Solomo carries every filing back to Sep 2023.
Largest disclosed public shareholders in Jun 2026: Life Insurance Corporation of India 6.87%, SBI Mutual Funds 1.26%. Only stakes above the 1% disclosure threshold are named in filings.
| Quarter | Promoter | Pledged | FII | DII | Public |
|---|---|---|---|---|---|
| Jun 2026 | 49.13% | - | 11.27% | 13.36% | 50.87% |
| Mar 2026 | 47.12% | - | 12.31% | 14.36% | 52.88% |
| Dec 2025 | 47.12% | - | 11.55% | 15.45% | 52.88% |
| Sep 2025 | 47.12% | - | 11.84% | 14.88% | 52.88% |
| Jun 2025 | 47.12% | - | 12.3% | 14.78% | 52.88% |
| Mar 2025 | 47.12% | - | 11.66% | 14.3% | 52.88% |
| Dec 2024 | 47.12% | - | 15.61% | 12.56% | 52.88% |
| Sep 2024 | 47.12% | - | 16.88% | 11.49% | 52.88% |