Jio Financial Services share price
NSE: JIOFINBSE: 543940FinanceLarge Cap
Jio Financial Services Limited · Face value ₹10 Face value. The nominal value of one share as the company issued it, the unit its share capital is counted in and a dividend can be stated as a percentage of; it has no link to the share price. Face value in the glossary · Listed Aug 2023
Last close ₹207.24up ₹2.01 (0.98%)BSE ₹207.25
Share price at the NSE close on 27 Oct 2026. Previous close ₹205.23.
27 Oct: open ₹205.40, high ₹208.00, low ₹204.30
52-week range of traded prices to 27 Oct 2026
₹202.51Low, 23 Oct 2026₹316.85High, 17 Nov 2025
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies. Market capitalisation: how it is worked out
- ₹1,36,844 Cr53rd largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. Price to earnings, trailing: how it is worked out
- 79.94
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. Price to book: how it is worked out
- 1.06
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- 0.29%
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it.
- 1.3%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet.
- 2.1%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Sep 2026.
- 0.32
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day. Volume in the glossary
- 1,48,15,93837.0% delivered
About Jio Financial Services
Jio Financial Services Limited is a holding company that runs financial services businesses in India through its subsidiaries and joint ventures, covering borrowing, investing, payments and insurance.1 Its main digital channel to customers is the JioFinance app, which offers its retail products.2 The Reserve Bank of India registers it as a core investment company, a holding company whose main business is investing in its group companies.1
Its subsidiaries include Jio Credit, a non-bank lender to individuals and businesses; Jio Payments Bank; Jio Payment Solutions, which handles payments for merchants; Jio Insurance Broking; Jio Leasing Services; and Jio Finance Platform and Service, which runs the JioFinance app.23 Joint ventures owned 50:50 with BlackRock offer mutual funds and wealth management, and those with Allianz cover reinsurance and general and health insurance.4
It was incorporated in Mumbai on 22 Jul 1999.1 Jio Payments Bank became a wholly owned subsidiary on 18 Jun 2025, when the company bought the State Bank of India's 14.96% stake.2
On 3 Sep 2025 it allotted 50 crore warrants (rights to buy 1 new share each later) at ₹316.50 each to Sikka Ports and Terminals Limited and Jamnagar Utilities & Power Private Limited, members of its promoter group.5 Through its subsidiaries Reliance Industrial Investments and Holdings Limited and Reliance Services and Holdings Limited, it holds shares of Reliance Industries Limited and receives dividends on them each year.6
Jio Financial Services key points
Results
- In the quarter to Sep 2026, consolidated total income excluding dividends rose 132% to ₹1,699 crore and pre-provision operating profit (profit before bad-loan provisions) 85% to ₹574 crore. Both include Reliance Services and Holdings, consolidated from 29 Apr 2026, without changing profit after tax.78
- Consolidated profit after tax was ₹340 crore in the quarter to Sep 2026, against ₹695 crore a year earlier, when the yearly dividend on its Reliance Industries shares arrived; this year it came in the quarter to Jun 2026.910
- For the half year to Sep 2026, consolidated profit after tax was ₹1,171 crore; at the end of Sep 2026, consolidated net worth was close to ₹1.3 lakh crore and total assets over ₹1.81 lakh crore.1112
- For the year to Mar 2026, consolidated total income was ₹3,543 crore, up 70%, including Jio Payments Bank's interest income once it became wholly owned; profit after tax was ₹1,561 crore, against ₹1,613 crore a year earlier.13
Loan book and deposits
- Jio Credit's gross assets under management (the loans it manages) were ₹37,320 crore at the end of Sep 2026, up 154% from a year earlier; it disbursed ₹13,135 crore in the quarter, up 98%.1415
- Jio Credit's loans by type, end of Sep 20261617More than 70% of Jio Credit's loans carry floating interest rates.
Item quarter to Sep 2026 Home loans and loans against property 44.5% Corporate and small and medium business loans 44.2% Retail loans against securities (secured on the borrower's investments) 11.3% - Jio Credit's profit after tax was ₹120 crore in the quarter to Sep 2026, up 140%, and its capital adequacy ratio (capital held against its risk-weighted loans) was 18.50%.1819
- Jio Payments Bank held ₹643 crore of customer deposits at the end of Sep 2026, up 53%, across 40 lakh current and savings (CASA) accounts.20
Branches and reach
- The JioFinance app and the group's other digital properties have recorded 3.2 crore distinct users; average monthly active users were about 80 lakh in the quarter to Sep 2026.2122
- The group serves customers in more than 19,000 PIN codes, and Jio Credit has 26 offices across 19 cities.23
- Jio Payments Bank works through more than 633,000 business correspondent touchpoints (local agents who offer its banking services), and the JioBlackRock asset manager through more than 15,000 distributors.24
Payments
- Jio Payment Solutions processed ₹14,682 crore of payments in the quarter to Sep 2026; after dropping some high-volume, low-margin business, its net processing margin rose to 14 basis points (hundredths of a percentage point) from 9 a year earlier.25
- Jio Payment Solutions' gross fee and commission income was ₹130 crore in the quarter and its net fee and commission income ₹21 crore, up 74%; Jio Payments Bank's total income rose 213% to ₹94 crore.2627
Investments and insurance
- JioBlackRock Asset Management managed ₹22,746 crore at the end of Sep 2026, up 57% from a year earlier; 18.6% of its retail customers are new to mutual funds.2829
- JioBlackRock Broking has launched a platform on which investors buy stocks, exchange-traded funds (funds that trade like shares) and initial public offerings (a company's first sale of shares to the public) themselves, with no brokerage charged for an introductory period.30
- Allianz Jio Reinsurance, India's third licensed domestic reinsurer (an insurer of insurance companies), wrote ₹244 crore of gross premium in the quarter to Sep 2026 and ₹510 crore in its first 6 months of operations.3132
- Jio Insurance Broking facilitated ₹346 crore of premiums in the quarter to Sep 2026, and its fee and commission income rose 46% to ₹54 crore.33
What the company expects
- On its earnings call of 15 Oct 2026, the company said a life insurance joint venture with Allianz remains under a non-binding agreement.34
- On its earnings call of 15 Oct 2026, the company said its GIFT City entity had received approval from IFSCA, the regulator there, to launch the BlackRock Advantage World Equity Fund, planned for launch in the quarter ending in December.35
Recent events
- On 12 Aug 2026, the company agreed to let Bank of America invest up to ₹18,268 crore in Jio Credit for 26.5% at first and up to 49.9% once warrants are used, subject to approvals; the company says the first tranche is around ₹9,500 crore.3637
- On 30 Sep 2026, the company and Allianz each invested ₹320.05 crore more in Jio Allianz General Insurance, taking the company's investment to ₹375 crore; the venture, incorporated on 12 May 2026, was seeking regulatory approvals to start operations as of 15 Oct 2026.383934
- On 12 Mar 2026, the Insurance Regulatory and Development Authority of India registered Allianz Jio Reinsurance Limited to start business as a reinsurer.40
Last updated
All 40 sources, each with its page
- 1. Annual report, 3 Aug 2026, page 56
- 2. Annual report, 3 Aug 2026, page 71
- 3. Annual report, 3 Aug 2026, page 71
- 4. Exchange filing, 12 Aug 2026, page 5
- 5. Annual report, 3 Aug 2026, page 64
- 6. Earnings call, 15 Oct 2026, page 4
- 7. Earnings call, 15 Oct 2026, page 4
- 8. Earnings call, 15 Oct 2026, page 16
- 9. Earnings call, 15 Oct 2026, page 17
- 10. Earnings call, 15 Oct 2026, page 4
- 11. Earnings call, 15 Oct 2026, page 5
- 12. Earnings call, 15 Oct 2026, page 17
- 13. Annual report, 3 Aug 2026, page 58
- 14. Earnings call, 15 Oct 2026, page 8
- 15. Earnings call, 15 Oct 2026, page 9
- 16. Earnings call, 15 Oct 2026, page 9
- 17. Earnings call, 15 Oct 2026, page 9
- 18. Earnings call, 15 Oct 2026, page 5
- 19. Earnings call, 15 Oct 2026, page 10
- 20. Earnings call, 15 Oct 2026, page 3
- 21. Earnings call, 15 Oct 2026, page 5
- 22. Earnings call, 15 Oct 2026, page 12
- 23. Earnings call, 15 Oct 2026, page 7
- 24. Earnings call, 15 Oct 2026, page 7
- 25. Earnings call, 15 Oct 2026, page 11
- 26. Earnings call, 15 Oct 2026, page 11
- 27. Earnings call, 15 Oct 2026, page 10
- 28. Earnings call, 15 Oct 2026, page 4
- 29. Earnings call, 15 Oct 2026, page 14
- 30. Earnings call, 15 Oct 2026, page 6
- 31. Earnings call, 15 Oct 2026, page 14
- 32. Investor presentation, 16 Jul 2026, page 18
- 33. Earnings call, 15 Oct 2026, page 15
- 34. Earnings call, 15 Oct 2026, page 14
- 35. Earnings call, 15 Oct 2026, page 14
- 36. Exchange filing, 12 Aug 2026, page 4
- 37. Earnings call, 15 Oct 2026, page 10
- 38. Exchange filing, 30 Sep 2026, page 1
- 39. Exchange filing, 13 May 2026, page 1
- 40. Annual report, 3 Aug 2026, page 71
Results
Consolidated; ₹ crore.Jio Financial Services quarterly results
- Revenue growth, 12 monthsRevenue growth, 12 months. The last twelve months against the twelve before them. Left empty where the earlier figure was nought or a loss: growth out of a loss has no percentage.
- +122.7%
- Net profit growth, 12 monthsNet profit growth, 12 months. The last twelve months against the twelve before them. Left empty where the earlier figure was nought or a loss: growth out of a loss has no percentage.
- +5.0%
Quarter to Sep 2026, against the quarter before
- RevenueRevenue. The pill is the change in revenue against the quarter before: this period's figure divided by that one's, less one, in per cent.
- ₹1,699 Crdown 15.23%
- Net profitNet profit. The pill is the change in net profit against the quarter before: this period's figure divided by that one's, less one, in per cent. Net profit in the glossary
- ₹340 Crdown 59.00%
- Net marginNet margin. Net profit as a percentage of revenue: how much of each rupee of sales is left after every cost, interest and tax. Net margin in the glossary
- 20.0%
Revenue by quarter
Peak revenue ₹2,004 Cr, quarter to Jun 2026; lowest ₹438 Cr, quarter to Dec 2024
Net profit by quarter, a loss in red
| ₹ crore | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 438 | 493 | 612 | 981 | 901 | 1,019 | 2,004 | 1,699 |
| Net profit | 295 | 316 | 325 | 695 | 269 | 272 | 830 | 340 |
| Net margin | 67.2% | 64.1% | 53.0% | 70.8% | 29.9% | 26.7% | 41.4% | 20.0% |
Consolidated. The last eight quarters. The latest is shaded. Net profit is the whole group's, the other owners of its subsidiaries included; P/E and ROE use the company's own share.
Year to Mar 2026, against the year before
- RevenueRevenue. The pill is the change in revenue against the year before: this period's figure divided by that one's, less one, in per cent.
- ₹3,513 Crup 71.97%
- Net profitNet profit. The pill is the change in net profit against the year before: this period's figure divided by that one's, less one, in per cent.
- ₹1,561 Crdown 3.21%
- Net margin
- 44.4%
Revenue by year
Peak revenue ₹3,513 Cr, year to Mar 2026; lowest ₹1,854 Cr, year to Mar 2024
Net profit by year, a loss in red
| ₹ crore | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|
| Revenue | 1,854 | 2,043 | 3,513 |
| Net profit | 1,605 | 1,613 | 1,561 |
| Net margin | 86.6% | 78.9% | 44.4% |
Consolidated. Years to March. The latest is shaded. Net profit is the whole group's, the other owners of its subsidiaries included; P/E and ROE use the company's own share.
Business segments
In the year to Mar 2026 the company reports one business segment, Financial, which carries all its revenue. From the quarter to Sep 2026 it reports 3 businesses, by share of revenue: Lending, 53.2%, Investing, 30.2% and Others, 16.6%.
Valuation
Today, against the company's own history.Jio Financial Services PE ratio and valuation
Price to earnings
At or below today's level on 9% of 623 trading days since Apr 2024.
LowestHighest
Its median115.49Industry median20.13
Price to book
At or below today's level on 4% of 743 trading days over the last 3 years.
LowestHighest
Its median1.41Industry median0.67
Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price. When a year's dividend goes ex later than the year before's, the yield reads zero for the days between; a run of under 60 such trading days is left out of the yield's medians and percentiles. The ex-date is the day from which a buyer of the share no longer gets the dividend.
At or below today's level on 99.7% of 743 trading days over the last 3 years.
LowestHighest
Its median0.00%Industry median0.72%
Where the return came from
Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.
| Over | Return a year | Earnings growth | Change in P/E | Dividend yield |
|---|---|---|---|---|
| 1 year | −1.2% | −5.1% | +3.8% | 0.3% |
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add.
Mutual fund holdings
206 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 144 of the 161 funds that added or cut are index funds, ETFs or arbitrage funds: an index fund or ETF holds what its index holds, and an arbitrage fund holds the share against a sale of its future. 1 more fund filed its first portfolio on record, holding it.All 206 funds holding Jio Financial Services
- Bought for the first timeBought for the first time. Funds that held it at the month's end and had not held it in any month on record before.
- 1
- AddedAdded. Funds that held more shares than at the end of the month before.
- 88
- CutCut. Funds that held fewer shares than at the end of the month before.
- 73
- Held unchangedHeld unchanged. Funds that held the same number of shares as at the end of the month before.
- 43
- Sold outSold out. Funds that held it at the end of the month before and hold none at this month's end. Sold out in the glossary
- 3
| Fund | |||
|---|---|---|---|
 SBI Nifty 50 ETFSBI Mutual Fund | 6,36,59,256 | 0.68% | ₹1,380.6 Cr |
 UTI Nifty 50 ETFUTI Mutual Fund | 2,18,31,776 | 0.68% | ₹473.5 Cr |
 Invesco India Arbitrage FundInvesco Mutual Fund | 2,05,22,550 | 1.46% | ₹445.1 Cr |
 Nippon India ETF Nifty 50 BeESNippon India Mutual Fund | 2,04,36,507 | 0.68% | ₹443.2 Cr |
 ICICI Prudential Arbitrage FundICICI Prudential Mutual Fund | 1,76,20,300 | 1.07% | ₹382.1 Cr |
| SBI Arbitrage FundSBI Mutual Fund | 1,64,35,900 | 0.77% | ₹356.5 Cr |
 Tata Arbitrage FundTata Mutual Fund | 1,35,28,950 | 1.20% | ₹293.4 Cr |
| ICICI Prudential Nifty 50 ETFICICI Prudential Mutual Fund | 1,33,99,924 | 0.68% | ₹290.6 Cr |
 Kotak Arbitrage FundKotak Mahindra Mutual Fund | 1,19,61,500 | 0.34% | ₹259.4 Cr |
 Aditya Birla Sun Life Arbitrage FundAditya Birla Sun Life Mutual Fund | 96,23,250 | 0.77% | ₹208.7 Cr |
Portfolios disclosed for Sep 2026. Weight is the holding as a share of the fund's assets.
Promoter and insider buying and selling
Trades made since 28 Oct 2025.Jio Financial Services insider trading
No promoter, director, key manager or employee bought or sold on the market.
- Promoters and promoter group: no market trade
Bought and sold count trades on the market only. A pledge is shares given to a lender as security for a loan; a lender invokes it by selling them.
Jio Financial Services competitors and peers
Investment Company, 73 listed companies, priced on 27 Oct 2026. The table lists the 8 companies closest to Jio Financial Services in market cap.Finance companies
Where the company sits among the companies nearest its size
| Company | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
 Aditya Birla CapitalABCAPITAL | 96,795 | 23.58 | 2.81 | +16.3% | +20.4% | 12.7% | – | 1.26% | 3.60% | 0.00% |
 L&T FinanceLTF | 60,353 | 17.63 | 2.06 | +20.1% | +26.8% | 12.3% | – | 2.27% | 8.46% | 1.14% |
 Tata Investment CorporationTATAINVEST | 28,166 | 65.37 | 0.96 | +31.0% | +31.6% | 1.4% | 1.2% | – | – | 0.61% |
 Cholamandalam Financial HoldingsCHOLAHLDNG | 23,679 | 8.87 | 1.53 | +17.8% | +21.1% | 19.1% | – | 2.23% | 6.78% | 0.10% |
 TVS HoldingsTVSHLTD | 23,168 | 11.76 | 3.58 | +31.4% | +53.6% | 35.3% | 17.3% | – | – | 0.75% |
 Maharashtra ScootersMAHSCOOTER | 13,377 | 43.90 | 0.41 | +0.8% | −14.7% | 0.9% | 1.0% | – | – | 1.88% |
 JSW HoldingsJSWHL | 12,503 | 91.01 | 0.38 | −26.7% | – | 0.4% | – | 0.40% | 0.33% | 0.00% |
 TSF INVESTMENTSTSFINV | 8,937 | 18.36 | 1.48 | +282.6% | +6.1% | 8.4% | 3.3% | – | – | 2.77% |
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record; for ROCE and EV/EBITDA, where the company is a lender or an insurer; for NIM and ROA, where the company does not file a lender's accounts. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page. ROA is the year's profit over average total assets. NIM is net interest income over average loans and investments.
Dividends
Per share, by the year it was paid for, and the latest payments.Jio Financial Services dividend history
Dividend per share, ₹, restated for later splits and bonuses
Dividend per share. The dividends declared for the year, each restated to today's share count by the splits and bonuses after its own ex-date, added up. Dividend per share in the glossaryHighest ₹0.60 a share, year to Mar 2026.
| Ex-date | Type | Per share |
|---|---|---|
| 10 Aug 2026 | FinalFinal dividend. Called final by its date: the company did not say which kind it was, and it went ex within six months after the company's year end, the time in which the annual general meeting that declares the final dividend must be held. Final dividend in the glossary | ₹0.60 |
| 11 Aug 2025 | Final | ₹0.50 |
Latest payments, as declared, by ex-date.
Latest announcements
Routine notices left out.Jio Financial Services announcements
Oct 2026
15 Oct · Business
15 Oct · Results
Sep 2026
24 Sep · Updates
Jio Financial Services share price by year
Each calendar year to 2025.Jio Financial Services share price history
| Year | Close at year end | Change | Highest close | Lowest close |
|---|---|---|---|---|
| 2025 | 294.95 | −1.3% | 333.90 | 200.92 |
| 2024 | 298.70 | +28.2% | 387.95 | 234.50 |
| 2023 | 232.95 | – | 255.05 | 206.60 |
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before. 2023 is from its first session, 21 Aug 2023.
Recent sessions
The 9 trading days to 26 Oct 2026, as traded on NSE; the latest is at the top of the page.
| Date | Open | High | Low | Close | Average price | Volume | Delivery |
|---|---|---|---|---|---|---|---|
| 26 Oct 2026 | 204.90 | 206.16 | 202.60 | 205.23 | 204.86 | 1,14,18,503 | 40.6% |
| 23 Oct 2026 | 211.05 | 211.50 | 202.51 | 205.03 | 205.17 | 1,91,49,171 | 41.5% |
| 22 Oct 2026 | 210.75 | 212.27 | 208.63 | 210.80 | 210.46 | 1,10,45,019 | 40.3% |
| 21 Oct 2026 | 214.10 | 217.33 | 210.03 | 211.39 | 213.05 | 1,30,24,817 | 42.2% |
| 19 Oct 2026 | 216.40 | 217.29 | 213.01 | 214.00 | 215.12 | 92,23,615 | 41.9% |
| 16 Oct 2026 | 216.00 | 218.76 | 213.11 | 216.25 | 216.03 | 1,74,33,520 | 32.8% |
| 15 Oct 2026 | 219.73 | 221.40 | 217.40 | 219.01 | 219.45 | 1,44,48,476 | 41.8% |
| 14 Oct 2026 | 217.85 | 221.35 | 215.62 | 219.00 | 219.03 | 1,26,18,688 | 36.6% |
| 13 Oct 2026 | 213.60 | 217.80 | 212.73 | 217.80 | 215.12 | 1,69,95,061 | 46.9% |
Prices in ₹ per share as traded, not adjusted.
Company details
- NSE symbol
- JIOFIN
- BSE code
- 543940
- ISIN
- INE758E01017
- Industry
- Finance
- Website
- www.jfs.in
- CIN
- L65990MH1999PLC120918
- Corporate identity number, the registrar of companies' code for it
- Incorporated
- 1999
- Registered office
- Building 4NA, Maker Maxity, 1st Floor, Bandra Kurla Complex, Bandra East, Mumbai 400051, Maharashtra
- Share registrar
- KFin Technologies Ltd
- Keeps the register of shareholders and handles transfers and dividend payments
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