JM Financial share news, announcements and annual reports
NSE: JMFINANCILBSE: 523405FinanceSmall Cap
JM Financial Limited · Face value ₹1 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 Jul 1991 on BSE, Oct 2006 on NSE
Last close ₹107.78down ₹6.23 (5.46%)BSE ₹107.85
Share price at the NSE close on 30 Oct 2026. Previous close ₹114.01.
30 Oct: open ₹114.01, high ₹114.01, low ₹107.15
52-week range of traded prices to 30 Oct 2026
₹103.00Low, 26 Oct 2026₹173.02High, 30 Oct 2025
- Next results date: the board meets on 4 Nov 2026 to consider: financial results and dividend. The notice · Results calendar
- 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
- ₹10,315 Cr494th 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
- 9.92
- 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
- 0.97
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- 3.02%
- 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.
- 10.2%
- 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.
- 9.9%
- 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 Mar 2026.
- 1.01
- 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
- 18,19,96254.7% delivered
JM Financial share news and announcements
1,083 announcements, routine notices left out, newest first. Page 21 of 22.
Jul 2010
7 Jul · Board meeting
To consider and approve the Unaudited Financial Results of the Company for the first quarter ended June 30, 2010.
Jun 2010
May 2010
31 May · News Verification
News Verification : The media had reports that Reliance Industries Ltd may buy a majority stake in JM Financial Asset Management Pvt. Ltd. The Exchange, in order to verify the accuracy or otherwise of the information reported in the media and to inform the market place so that the interest of the investors is safeguarded, had written to the officials of the company. JM Financial Limited has vide its letter inter-alia stated,"We wish to inform you that there is no truth in the above news item. JM Financial Mutual Fund forms an important part of the JM Financial Group portfolio and we remain focussed and committed towards growing the said business."26 May · Meeting
Jm Financial Limited has announced the Book Closure dates from July 22, 2010 to July 28, 2010 for determining the shareholders who would be eligible to receive the Dividend of Re.0.50 per share (Normal Dividend of Re. 0.25 per share and silver jubilee special dividend of Re. 0.25 per share). Further, the Annual General Meeting of the members of the Company will be held July 28, 2010.25 May · Dividend
Board of Directors at its Meeting held on May 25, 2010 have recommended a normal dividend of Re. 0.25 per share and a "silver jubilee special dividend" of Re. 0.25 per share on account of the twenty-fifth year of the Company.3 May · Board meeting
To inter alia, consider the following :- (1) Audited Financial Results for the year ended March 31, 2010; (2) Recommendation of dividend, if any.
Apr 2010
21 Apr · Grant of Options
Company has, on the 'Grant Date' - April 21, 2010, made a grant of 3,750,000 options giving rise to the issuance of equivalent number of equity shares of the face value of Re.1/- each of the Company to the eligible Employees in accordance with the provisions of the Securities and Exchange Board of India (Employees Stock Option Scheme and Employees Stock Purchase Scheme) Guidelines, 1999. The vesting schedule and exercise period in respect of the options shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.20 Apr · Results
The Company shall publish its Audited Financial Results within a period of Sixty days of the close of its accounting year ended on March 31, 2010. In view of this, the Company will not publish its Unaudited Financial Results for the last quarter within the stipulated period of forty five days of the closure of the accounting year.13 Apr · Updates
Infinite India Investment Management Private Limited (Infinite) has become a wholly owned subsidiary of JM Financial Limited consequent upon purchase of the remaining 8,00,000 (50%) equity shares of the Infinite by it from SRS Private Investment Management LLC
Mar 2010
19 Mar · Business
At the meeting of the Board of Directors of the Company held on March 19, 2010 the following changes have taken place in the Directorate of the Company. (a) Appointment of Dr. Vijay Kelkar as an additional director with effect from March 19, 2010. (b) Acceptance of the resignation of Mr. M R Mondkar with effect from April 1, 2010. Further the Company has submitted to the Exchange a copy of press release dated March 19, 2010, titled "Dr. Vijay Kelkar joins JM Financial Board of Directors". A copy of the brief profile of Dr. Vijay Kelkar and a copy of press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
Feb 2010
18 Feb · Limited Review Report
Auditors have conducted the limited review for the un-audited financial results for the quarter ended December 31,2009 and unaudited consolidated financial results of the Company and its subsidiaries, Joint Ventures and Associates ('Group') for the three and nine months ended December 31, 2009. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
Jan 2010
27 Jan · Business
Press release dated January 27, 2010, titled "Jm Financial announces unaudited financial results for the quarter and nine months ended December 31, 2009". A copy of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.7 Jan · Board meeting
To consider and approve the Un-audited Financial Results of the Company for the third quarter and nine months ended December 31, 2009.
Oct 2009
29 Oct · Grant of Options
Vide its letter dated October 29, 2009 that "The Compensation Committee of Directors of the Company at its meeting held today has decided to grant 1,500,000 options giving rise to issuance of equivalent number of equity shares of the face value of Re.1/- each to an eligible employee of the Company. The said options will be vested in the employee in three tranches (1/3rd each) commencing from the completion of third, fourth and fifth year from the date of grant of options viz., October 29, 2009. The options vested in the employees are exercisable within 7 years from the date of grant of the said options".29 Oct · Business
Press release dated October 29, 2009, titled "Jm Financial announces unaudited financial results for the quarter and half year ended September 30, 2009.". A copy of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.20 Oct · Board meeting
Company had informed the Exchange regarding the Board meeting to be held on October 31, 2009, to consider the un-audited Financial Results for the second quarter ended September 30, 2009. The Company has now informed the Exchange that the Board Meeting of the Company has been re-scheduled and will now be held on October 29, 2009 instead of October 31, 2009.Not held on this date
9 Oct · Board meeting
Meeting on 31 Oct 2009: “Unaudited Financial Results for the Qtr ended Sept 30, 2009”
Sep 2009
11 Sep · Meeting
Following resolutions were passed unanimously by the shareholders at the Annual General Meeting held on September 10, 2009 : (1) Adoption of the Audited Balance Sheet as at March 31, 2009, the Profit and Loss Account for the year ended on that date and the reports of Directors and Auditors thereon. 2) Declaration of dividend of Re.0.20 per share for the year ended March 31, 2009. 3) Re-appointment of Mr. M. R. Mondkar as a Director of the Company. 4) Re-appointment of Dr. Pravin P. Shah as a Director of the Company. 5) Appointment of M/s. Khimji Kunverji & Co., Chartered Accountants, as Statutory Auditors of the Company.
Jul 2009
29 Jul · Business
Press release dated July 29, 2009, titled "JM Financial announces unaudited financial results for the quarter ended June 30, 2009". A copy of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.20 Jul · Board meeting
Meeting on 29 Jul 2009: “Unaudited Financial Results for the Qtr ended June 30, 2009”2 Jul · Meeting
Company has announced the Book Closure dates from September 03, 2009 to September 10, 2009 for determining the shareholders who would be eligible to receive the Dividend of Re.0.20 per share. Further, the Annual General Meeting of the members of the Company will be held September 10, 2009.
Jun 2009
29 Jun · Business
Press release dated June 29, 2009, titled "JM Financial announces audited results for the quarter and year ended March 31, 2009". A copy of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.29 Jun · Dividend
Board of Directors of the Company at its meeting held on June 29, 2009 has recommended payment of a dividend of Rs.0.20 per share for the year ended March 31, 2009.4 Jun · Board meeting
To consider, inter alia, the following: 1) Audited Balance Sheet as at March 31, 2009 and the Profit & Loss Account for the year ended on that date. 2) Recommend the dividend, if any.
Apr 2009
23 Apr · Updates
Abstract of the variation in terms of remuneration of Mr. Nimesh N Kampani, Managing Director and memorandum of interest under Section 302 of the Companies Act, 1956. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.9 Apr · Results
The Company shall publish its Audited Financial Results within a period of 3 months of the close of its accounting year ended on March 31, 2009. In View of this, the Company will not publish its Unaudited Financial Results for the last quarter within the stipulated period of one month of the closure of the accounting year
Mar 2009
31 Mar · Updates
Vide its letter dated March 30, 2009 that: "The Compensation/ Remuneration Committee of Directors, at its meeting held today, has approved the variation in the terms of employment agreement with Mr. Nimesh N Kampani, Managing Director of the Company subject to such approvals, sanctions and consents as may be required in this regard."
Feb 2009
27 Feb · Limited Review Report
Auditors have conducted the limited review for the un-audited financial results for the quarter ended December 31,2008.A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.11 Feb · Disclosure
Disclosure u/r 8A(4) of SEBI (SAST) (Amendment) Regulations, 2009. The copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
Jan 2009
30 Jan · Updates
Board of Directors has taken note of the allotment of 4,695,652 equity shares by JM Financial Asset Management Private Limited (AMC), a subsidiary of the Company, to two institutional investors namely, Blue Ridge (2,347,826 equity shares) and Valiant (2,347,826 equity shares) for an aggregate amount of Rs 63.86 crore (Issue price Rs. 136/- per share). This allotment represents 8% of the post issue equity share capital as against 12% of the post issue equity share capital proposed earlier vide letter dated July 25, 2008. The Board has further taken note of the allotment of 5,287,897 warrants to the Company as against the allotment of 5,528,256 warrants as proposed earlier vide letter dated July 28, 2008. The reduction in the aggregate amount of subscription, number of equity shares and warrants is due to the downward revision in the number of equity shares placed by AMC from 12% to 8% and in the issue price of the equity shares so placed from Rs. 151.70 to Rs. 136 per share.30 Jan · Business
Press release dated January 30, 2009, titled "Jm Financial announces unaudited results for the quarter and nine months ended December 31, 2008". A copy of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.19 Jan · Board meeting
Meeting on 30 Jan 2009: “Unaudited Financial Results for the qtr ended Dec 31, 2008”
Oct 2008
28 Oct · Updates
Compensation Committee of Directors of the Company at its meeting held on October 27, 2008 has decided to make adjustment to the number of stock options granted to the eligible employees/ directors of the Company and its subsidiaries and the exercise price of the said options. The said adjustments has been made consequent upon the sub-division of equity shares and the issue of bonus shares. The particulars of the adjustment made are given below : Grant date : April 15, 2008; No. of Options Granted : 445,500; Exercise price : 1,370; Adjusted options : 11,137,500; Adjusted Exercise Price : 54.80. The vesting period and the life of the options have not been altered.27 Oct · Business
Press release dated October 27, 2008, titled "Jm Financial announces unaudited results for the quarter and half year ended September 30, 2008". A copy of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.1 Oct · Board meeting
Meeting on 27 Oct 2008: “Unaudited financial results for qtr ended September 30, 2008”
Sep 2008
16 Sep · Corporate action
Allotment & Share Transfer Committee of Directors at its meeting held on September 16, 2008, has allotted 449,869,500 bonus equity shares of the face value of Re. 1/- each to the eligible shareholders in the ratio of 3(three) shares for every 2(two) shares held by them on the Record Date fixed for the purpose, viz., September 15, 2008.4 Sep · Annulment of Forfeiture
Jm Financial Limited had informed the Exchange regarding the forfeiture of 9,200 partly paid equity shares (calls in arrears cases) of the Company. Company has now informed the Exchange subsequent to the forfeiture of shares as above, one of the defaulting shareholders, namely, Mr. Dhirendra Jain has, vide his letter dated August 18, 2008, remitted a sum of Rs. 18,000/- by way of a pay order drawn in favour of the Company towards allotment money together with interest thereon in respect of 500 shares, bearing distinctive numbers from 5638451 to 5638950, requesting the Company to condone the delay and accept the payment. In view of the above, the Board of Directors of the Company has decided to annul the forfeiture of said 500 shares in accordance with Article 52 of the Articles of Association of the Company.
Aug 2008
20 Aug · Forfeiture of shares
Jm Financial Limited had informed the Exchange regarding the decision of the Board of Directors to forfeit 10,300 partly paid equity shares (calls in arrears cases) of the Company. The company has now informed the Exchange that "In accordance with the Articles of Association of the Company, the Company had sent a notice dated July 28, 2008 calling upon the shareholders of the above shares to pay the amount of allotment/call monies together with the interest thereon @ 9% per annum on or before August 11, 2008. Consequently, the Company had received allotment moneys together with interest thereon from 5 shareholders in respect of 1,100 shares. With this, the number of shares to be forfeited in accordance with the Board's decision stands reduced to 9,200 shares. The Company has therefore forfeited the 9,200 partly paid up equity shares and accordingly the notice of forfeiture of the said shares is being sent to the concerned shareholders in accordance with Article 45 of the Articles of Association of the Company.14 Aug · Corporate action
Company has fixed the record date as September 15, 2008 for the purpose of determining the shareholders who would be eligible to receive sub-divided equity shares and bonus shares.
Jul 2008
28 Jul · Meeting
Outcome of Annual General Meeting of the Company held on July 25, 2008. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.28 Jul · Updates
Jm Financial Limited had informed the Exchange regarding the proposed participation by three institutional investors in the equity capital of one of the subsidiaries, namely, JM Financial Asset Management Private Limited. The Company has now informed the Exchange that : "The Board of Directors of JM Financial Limited ('the company') has taken note of the proposed allotment of equity warrants to it by the above asset management company up to 7.5% of the fully diluted equity capital of the said asset management company. The Company will have the right to exercise the said warrants at any time during 3 years from the date of allotment of equity shares to the institutional investors at the same price as being offered to these investors. Accordingly, simultaneous with the allotment of equity shares to the institutional investors, the asset management company would allot 55,28,256 (Fifty Five Lakh Twenty Eight Thousand Two Hundred Fifty Six) warrants, which will be equivalent to the above 7.5%. The said allotment would be subject to signing of the definitive agreements between the parties and satisfactory receipt of all the regulatory and other approvals as may be required. The Board has also taken a decision to forfeit 10,300 partly paid equity shares (calls in arrears cases) and accordingly the notice of forfeiture of the said shares is being sent to the concerned shareholders".25 Jul · Updates
Board of Directors of the Company at its meeting held on July 25, 2008, has taken note of the proposed participation in the equity of JM Financial Asset Management Company Private Ltd. (asset management company), one of the subsidiaries of the Company by three institutional investors, namely, VALIANT CAPITAL PARTNERS, BLUE RIDGE CAPITAL and ETON PARK to the extent of 4% each at a premium on a fully diluted equity capital of the said subsidiary. The investors would be contributing Rs. 111.7 crore giving a total post money valuation of Rs. 931 crore which works out to 7.32 % of the current assets under management. The investors have signed non-binding term Sheet with the asset management company. The said transaction is however subject to signing of the definitive agreements and to satisfactory receipt of all the regulatory and other approvals as may be required.25 Jul · Business
Press release dated July 25, 2008, titled "JM Financial announces unaudited results for the quarter ended June 30, 2008; Institutional Investors to invest 12% (Rs. 111.7 crore) in the Company's AMC business". A copy of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.2 Jul · Board meeting
Meeting on 25 Jul 2008: “Unaudited Financial Results for the Qtr ended June 30, 2008”
Jun 2008
3 Jun · Management
Jm Financial Limited had informed the Exchange that the Board of Directors of the Company at its meeting held on May 28, 2008 has decided to appoint Mr. Nimesh N Kampani as the Managing Director of the Company for the period from May 28, 2008 to September 30, 2011. Thus Mr. Kampani will be the Chairman and Managing Director of the Company. The Company has now informed the Exchange that Mr. Nimesh N Kampani's appointment as Managing Director of the Company is for the period May 28, 2008 to March 31, 2011 and not for the period May 28, 2008 to September 30, 2011.
May 2008
29 May · Meeting
Company has announced the Book Closure dates from July 18, 2008 to July 25, 2008 for determining the shareholders who would be eligible to receive the Dividend @ 50% (Rs. 5/-) per share; Special Dividend @ 200% (Rs.20/- per share) Further, the Board of Directors of the Company has decided to hold the Annual General Meeting of the members of the Company on July 25, 2008.29 May · Updates
Vide notes to Accounts in the Audited Financial Results for the quarter and year ended March 31, 2008 (taken on record by the Board of Directors of the Company at its meeting held on May 28, 2008) that: "(1) During the quarter, the Company made a further investment in the equity shares of JM Financial Asset Reconstruction Company Private Limited (ARC company), the asset reconstruction and securitization company, amounting to Rs.66.95 crore. The ARC company has been classified as an Associate of the Company since as per the RBI requirements, the Company's shareholding in ARC company has reduced to 49% subsequent to the Balance Sheet date.(2) During the quarter, JM Financial Consultants Private Limited (JM Financial Consultants), a wholly owned subsidiary company, sold its entire investment in its wholly owned subsidiary company, JM Financial Securities Private Limited to JM Financial Products Private Limited, another subsidiary of the Company.(3) During the quarter, the Company sold its entire investment in JM Financial Commtrade Limited to JM Financial Services Private Limited, a step-down subsidiary of the Company".29 May · Management
Board of Directors of the Company at its meeting held on May 28, 2008 has decided to appoint Mr. Nimesh N Kampani as the Managing Director of the Company for the period from May 28, 2008 to September 30, 2011. Thus Mr. Kampani will be the Chairman and Managing Director of the Company. The Directors also took note of the resignation of Mr. Dilip Kothari from the Board of the Company effective from May 28, 2008.29 May · Business
Press release dated May 28, 2008, titled "JM Financial yearly consolidated revenues soar by 67%; Yearly consolidated Profit before exceptional item and tax soar by 65 %; Announces bonus shares in the ratio of 3 shares for every 2 shares held; Announces split of shares from the face value of Rs. 10 to Re. 1 each". A copy of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.