Announcement under Regulation 30 (LODR)-Credit Rating
Please find enclosed intimation of Credit Rating under Regulation 30 of SEBI Listing Regulations
JM Financial Ltd is a prominent diversified financial services group headquartered in Mumbai, India, with operations spanning across investment banking, wealth management, securities business, alternative investments, asset reconstruction, and lending. Established in 1973, the company has built a comprehensive platform that serves corporates, financial institutions, High Net-Worth Individuals (HNIs), and retail clients. JM Financial is known for its expertise in capital markets, advisory services, and innovative financing solutions, often engaging in marquee deals and high-profile financial restructurings.
Announcement under Regulation 30 (LODR)-Credit Rating
Please find enclosed intimation of Credit Rating under Regulation 30 of SEBI Listing Regulations
Disclosure Under Regulation 30 Of The SEBI Listing Regulations
Please find attached intimation under Regulation 30 of SEBI Listing Regulations with respect to the ESG Rating provided by Crisil ESG Ratings & Analytics Limited
Disclosure Under Regulation 30 Of SEBI Listing Regulations
Please find attached intimation under Regulation 30 of SEBI Listing Regulations with respect to the ESG Rating provided by ESG Risk Assessments & Insights Limited
Announcement under Regulation 30 (LODR)-Newspaper Publication
Pursuant to Reg.30 of SEBI Listing Regulations, we are enclosing copies of the newspaper advertisements relating to Special Window for re-lodgement of transfer requests of equity sharesheld in physical mode published in Business Standard (English-All Editions) and Sakal(Marathi) today, i.e., August 11, 2026. The content of the newspaper adevrtisements are self explanatory. The same is also being uploaded on the Company''s Website at www.jmfl.com We request you to kindly take the above on your record and disseminate the same on your website, as you may deem appropriate.
Announcement under Regulation 30 (LODR)-Earnings Call Transcript
Please find attached transcript of the earnings conference call of the Company held on Tuesday, August 4, 2026.
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
Please find enclosed Audio Recording of Earnings Conference Call held today i.e. on August 4, 2026.
Shareholder Meeting / Postal Ballot-Scrutinizer''s Report
Please find attached Scrutiniser''s Report
Shareholder Meeting / Postal Ballot-Outcome of AGM
Please find attached the summary of the proceedings of the 41st AGM of the Company held on August 3, 2026 at 4:00 pm
Announcement under Regulation 30 (LODR)-Investor Presentation
Please find enclosed Investor presentation.
Announcement under Regulation 30 (LODR)-Press Release / Media Release
Please find attached Press Release of the Company
Unaudited Financial Results
Please find attached financial results for the first quarter ended June 30, 2026
Board Meeting Outcome for Outcome Of Board Meeting
Please find attached outcome of Board Meeting
JM Financial Ltd
About
JM Financial Ltd is a prominent diversified financial services group headquartered in Mumbai, India, with operations spanning across investment banking, wealth management, securities business, alternative investments, asset reconstruction, and lending. Established in 1973, the company has built a comprehensive platform that serves corporates, financial institutions, High Net-Worth Individuals (HNIs), and retail clients. JM Financial is known for its expertise in capital markets, advisory services, and innovative financing solutions, often engaging in marquee deals and high-profile financial restructurings.
Over the decades, JM Financial has evolved from a boutique investment bank into a full-spectrum financial services provider. Its subsidiaries and joint ventures enable it to maintain a strong presence in the institutional, corporate, and retail ecosystem, with a growing focus on both digital initiatives and sustainable financial solutions.
Business Model & Strategy
JM Financial Ltd operates through multiple business segments, including investment banking, wealth and asset management, securities broking, alternative and distressed asset management, and lending to both wholesale and retail clients. The firm's revenue streams are diversified—originating from fee-based advisory services, trading commissions, asset management fees, and interest income from lending portfolios. Strategic investments in technology and digitization enhancement have allowed it to improve operational efficiency and expand market reach.
Key growth vectors include scaling its lending book (with a focus on real estate and structured finance), strengthening its wealth management arm, and growing its alternative asset platforms. The company also leverages cross-selling among its business verticals, manages risk through prudent underwriting, and seeks inorganic opportunities to complement its core strengths.
Management Overview
11 MembersMr.Nimesh N Kampani
Non-Executive - Non Independent Director-ChairpersonMr.Vishal N Kampani
Executive Director-MDMr.Palamadai Sundararajan Jayakumar
Non-Executive - Independent DirectorMr.Navroz Darius Udwadia
Non-Executive - Independent DirectorMs.Roshini Hemant Bakshi
Non-Executive - Independent DirectorMr.Pradip Manilal Kanakia
Non-Executive - Independent DirectorMr.Sumit Bose
Non-Executive - Independent DirectorMr.Hariharan Ramamurthi Aiyar
Non-Executive - Non Independent DirectorMr.Adi Rusi Patel
Executive Director-MDMr.Nishit Shah
Chief Financial OfficerMr.Hemant Pandya
Company Secretary & Compliance OfficerAwards & Recognition
5 Awards- Ranked among the top Indian investment banks for equity and debt issuances by Bloomberg (2023–24)
- Recognized in 'India's Top BFSI Brand' list by Economic Times (2024)
- Received ICRA and CRISIL high credit ratings for select group entities (2024)
- Consistently awarded for Best Structured Finance and M&A advisory in industry journals (2023–24)
- Improved ESG disclosures and committed to responsible financing, as highlighted in the FY2024 Annual Report
Market Information
Company Timeline
51+ Years of Excellence | 8 Major Milestones
JM Financial founded in Mumbai
Launch of investment banking and capital markets business
Public listing on NSE and BSE
Strategic partnership with Morgan Stanley (terminated in 2007–08)
Foray into alternative asset management and real estate financing
Launch of asset reconstruction and distressed assets platform
Acceleration of digital platforms and retail broking
Expansion of ESG initiatives, realigning group structure for business agility
The Next Evolution
Contact Information
Registered Office
7th Floor, Cnergy, Appasaheb Marathe Marg, Prabhadevi
Tel: 022-6630 3030,
Fax: 022-6630 3223,
Email: shareholdergrievance@jmfl.com
Website: jmfl.com
Corporate Actions
20| Purpose | Ex Date | Record Date | BC Start | BC End |
|---|---|---|---|---|
Final Dividend ₹1.75 per share | 12 Jun 2026 Friday | 12 Jun 2026 Friday | - | - |
Interim Dividend ₹1.50 per share | 14 Nov 2025 Friday | 14 Nov 2025 Friday | - | - |
Dividend ₹2.70 per share | 13 Jun 2025 Friday | 13 Jun 2025 Friday | - | - |
Final Dividend ₹2 per share | 07 Jun 2024 Friday | - | 10 Jun 2024 Monday | 14 Jun 2024 Friday |
Final Dividend ₹0.90 per share | 19 May 2023 Friday | - | 22 May 2023 Monday | 25 May 2023 Thursday |
Interim Dividend ₹0.90 per share | 24 Nov 2022 Thursday | 25 Nov 2022 Friday | - | - |
Final Dividend ₹1.15 per share | 07 Jul 2022 Thursday | - | 11 Jul 2022 Monday | 15 Jul 2022 Friday |
Interim Dividend ₹0.50 per share | 17 Feb 2022 Thursday | 18 Feb 2022 Friday | - | - |
Dividend ₹0.50 per share | 28 May 2021 Friday | - | 01 Jun 2021 Tuesday | 04 Jun 2021 Friday |
Dividend ₹0.20 per share | 15 May 2020 Friday | - | 19 May 2020 Tuesday | 22 May 2020 Friday |
Final Dividend ₹0.50 per share | 10 May 2019 Friday | - | 14 May 2019 Tuesday | 17 May 2019 Friday |
Interim Dividend ₹0.50 per share | 31 Jan 2019 Thursday | 02 Feb 2019 Saturday | - | - |
Final Dividend ₹1.10 per share | 10 May 2018 Thursday | - | 14 May 2018 Monday | 18 May 2018 Friday |
Interim Dividend ₹0.70 per share | 31 Jan 2018 Wednesday | 01 Feb 2018 Thursday | - | - |
Final Dividend ₹0.85 per share | 11 May 2017 Thursday | - | 15 May 2017 Monday | 19 May 2017 Friday |
Interim Dividend ₹0.65 per share | 02 Feb 2017 Thursday | 03 Feb 2017 Friday | - | - |
Final Dividend ₹0.85 per share | 23 May 2016 Monday | - | 25 May 2016 Wednesday | 27 May 2016 Friday |
Interim Dividend ₹0.60 per share | 11 Feb 2016 Thursday | 13 Feb 2016 Saturday | - | - |
Final Dividend ₹0.80 per share | 08 Jun 2015 Monday | - | 10 Jun 2015 Wednesday | 12 Jun 2015 Friday |
Interim Dividend ₹0.55 per share | 05 Feb 2015 Thursday | 07 Feb 2015 Saturday | - | - |
₹12,153 Cr.
₹128
₹196 / 112
11.73
₹118.69
1.07
₹10.87
₹1.00
2.55 %
Manage Ratio
FINANCIALS
| Annual Results | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income | - | - | - | 3,579 | 3,454 | 3,227 | 3,763 | 3,343 | 4,832 | 4,453 | 4,261 | 4,364 |
| Expenses | - | - | - | 2,296 | 2,360 | 2,160 | 2,415 | 2,390 | 3,632 | 3,456 | 2,659 | 2,899 |
| Profit | - | - | - | 837 | 778 | 808 | 992 | 709 | 31 | 774 | 1,201 | 1,111 |
| Tax | - | - | - | 446 | 316 | 261 | 356 | 244 | 326 | 225 | 404 | 355 |
| EPS | - | - | - | 7 | 6 | 6 | 8 | 6 | 4 | 9 | 13 | 3.05 |
| Ratios | - |
Cash Flow
Consolidated Figures in Rs. Crores
| Annual Balance Sheet | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | - |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | - | - | - | 22,635 | 20,746 | 23,375 | 25,815 | 29,370 | 29,764 | 24,504 | 26,537 | - |
| Equity And Liabilities | - | - | - | 22,635 | 20,746 | 23,375 | 25,815 | 29,370 | 29,764 | 24,504 | 26,537 | - |
Shareholding Pattern
Numbers in Percentages
| Quarterly SHP Announcement Date | Mar 2016 12 Apr '16 | Mar 2017 31 Mar '17 | Mar 2018 31 Mar '18 | Mar 2019 09 Apr '19 | Mar 2020 11 May '20 | Mar 2021 14 Apr '21 | Mar 2022 21 Apr '22 | Mar 2023 20 Apr '23 | Mar 2024 15 Apr '24 | Mar 2025 21 Apr '25 | Mar 2026 21 Apr '26 | - |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Goverments | - | - | - | - | - | - | - | - | - | - | - | - |
| Promoter And Promoter Group | - | - | - | 62.07% | 62.05% | 54.79% | 55.42% | 56.49% | 56.44% | 56.50% | 57.07% | - |
| Non Institutions | - | - | - | 15.16% | 12.85% | 11.63% | 13.97% | 14.81% | 16.92% | 18.94% | 19.90% | - |
| FII | - | - | - | - | - | - | - | 21.24% | 18.18% | 17.49% | 17.15% | - |
| DII | - | - | - | - | - | - | - | 7.46% | 8.46% | 7.07% | 5.89% | - |
| Total | - | - | - | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | - |
JM Financial Ltd
JM Financial Ltd
JM Financial Ltd is a prominent diversified financial services group headquartered in Mumbai, India, with operations spanning across investment banking, wealth management, securities business, alternative investments, asset reconstruction, and lending. Established in 1973, the company has built a comprehensive platform that serves corporates, financial institutions, High Net-Worth Individuals (HNIs), and retail clients. JM Financial is known for its expertise in capital markets, advisory services, and innovative financing solutions, often engaging in marquee deals and high-profile financial restructurings.
Over the decades, JM Financial has evolved from a boutique investment bank into a full-spectrum financial services provider. Its subsidiaries and joint ventures enable it to maintain a strong presence in the institutional, corporate, and retail ecosystem, with a growing focus on both digital initiatives and sustainable financial solutions.
JM Financial Ltd operates through multiple business segments, including investment banking, wealth and asset management, securities broking, alternative and distressed asset management, and lending to both wholesale and retail clients. The firm's revenue streams are diversified—originating from fee-based advisory services, trading commissions, asset management fees, and interest income from lending portfolios. Strategic investments in technology and digitization enhancement have allowed it to improve operational efficiency and expand market reach.
Key growth vectors include scaling its lending book (with a focus on real estate and structured finance), strengthening its wealth management arm, and growing its alternative asset platforms. The company also leverages cross-selling among its business verticals, manages risk through prudent underwriting, and seeks inorganic opportunities to complement its core strengths.
Ranked among the top Indian investment banks for equity and debt issuances by Bloomberg (2023–24)
Recognized in 'India's Top BFSI Brand' list by Economic Times (2024)
Received ICRA and CRISIL high credit ratings for select group entities (2024)
Consistently awarded for Best Structured Finance and M&A advisory in industry journals (2023–24)
Improved ESG disclosures and committed to responsible financing, as highlighted in the FY2024 Annual Report
JM Financial founded in Mumbai
Launch of investment banking and capital markets business
Public listing on NSE and BSE
Strategic partnership with Morgan Stanley (terminated in 2007–08)
Foray into alternative asset management and real estate financing
Launch of asset reconstruction and distressed assets platform
Acceleration of digital platforms and retail broking
Expansion of ESG initiatives, realigning group structure for business agility
Peer Comparison
| S.No. | Company Name | CMP (₹) | Market Cap (₹ Cr) | Div Yld (%) | NP Qtr (₹ Cr) | Qtr Profit Var (%) | Sales Qtr (₹ Cr) | Qtr Sales Var (%) | ROCE (%) | ROE (%) | Book Value (₹) | EPS TTM (₹) | TTMPE Ratio (₹) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Not Found Data | |||||||||||||
Coming Soon
Heatmap View
Premium Feature| Company | CMP (₹) | MCap (₹ Cr) | EPS TTM (₹) | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Not Found Data | |||||||||||||
Financial Ratios
Premium Feature| Company Name | P/E (TTM) | EPS (₹) | D/E | NPM | GPM | ROE (%) | ROCE (%) | P/B | |||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
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Coming Soon




