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Earnings Call

JM Financial Earnings Call: Key Takeaways

JM Financial reports highest ever annual consolidated PAT of ₹1,202 cr for FY26, driven by a 38% increase in Operating PAT. Focus remains on scaling Affordable Home Loans and expanding Wealth Management.

Why this was an Alfa AlertNot a filter event. Results show strong growth but do not explicitly mention a 10%+ beat over prior management guidance.
Highlights
Revenue growthFY26 adjusted revenue at ₹2,749 cr vs ₹2,805 cr in FY25.
MarginsCorp Advisory margin at 47.8%; Home Loans spread at 4.6%.
Order book55 filed IPO transactions aggregating ~₹1,40,000 cr.
Demand visibilityStrong pipeline for M&A and advisory transactions.
Management confidenceHigh; focus on high growth and high RoE businesses.

Growth

FY26 Consolidated Net Profit grew 46.3% YoY to ₹1,202 cr; Net Revenue at ₹2,749 cr (adjusted).

Outlook

Strong IPO pipeline (55 filed transactions); scaling Affordable Home Loans (~Rs.3,100 cr valuation) and Wealth recurring AUM.

Risks

Geopolitical tensions and market volatility impacting investment portfolios and equity capital market transactions.

Source

Earnings Call filed with BSE, NSE: JMFINANCIL. Summary written with AI assistance from the document.

Read the document ↗

JM Financial Ltd: key numbers

Share price
₹127.68
Market cap
₹12,218 Cr
Revenue (annual)
₹4,091 Cr
Net profit (annual)
₹1,202 Cr
P/E (TTM)
11.8×Sector 23.2×
Promoter holding
57.03%-0.04% QoQ
FII holding
16.95%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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