Jio Financial Services logo

Jio Financial Services share price

NSE: JIOFINBSE: 543940FinanceLarge Cap

Last close ₹205.03down ₹5.77 (2.74%)BSE ₹205.00

Share price at the NSE close on 23 Oct 2026. Previous close ₹210.80.

52-week range of traded prices to 23 Oct 2026
₹202.51Low, 23 Oct 2026₹316.85High, 17 Nov 2025
Market cap
₹1,35,384 Cr53rd largest listed
P/E
79.1
P/B
1.0
Dividend yield
0.29%
ROE
1.3%
ROCE
2.1%
Debt to equity
0.32
Volume, NSE
1,91,49,17141.5% delivered

Share price

Daily closes since Aug 2023, adjusted for splits and bonuses

−33.7%over a year

Results20-session average 1,42,70,002 shares a day, 44.1% delivered

Results

Consolidated; ₹ crore, the charts by years to March, the table by quarter.Quarterly results

Quarter to Sep 2026, against the quarter beforeFiled 15 Oct

Revenue
₹1,699 Crdown 15.23%
Net profit
₹340 Crdown 59.00%
Net margin
20.0%

Revenue by year

Peak revenue ₹3,513 Cr, year to Mar 2026

Net profit by year, a loss in red

₹ croreDec 2024Filed 18 JanMar 2025Filed 17 AprJun 2025Filed 17 JulSep 2025Filed 16 OctDec 2025Filed 15 JanMar 2026Filed 17 AprJun 2026Filed 16 JulSep 2026Filed 15 Oct
Revenue4384936129819011,0192,0041,699
Net profit295316325695269272830340
Net margin67.2%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.

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.PE ratio and valuation history

Price to earnings

At or below today's level on 8% of 621 trading days since Apr 2024.

LowestHighest
Its median115.7Industry median20.2
Price to book

At or below today's level on 3% of 744 trading days over the last 3 years.

LowestHighest
Its median1.4Industry median0.7
EV to EBITDA44.4

At or below today's level on 0.2% of 621 trading days since Apr 2024.

LowestHighest
Its median112.5Industry median30.1
Dividend yield

At or below today's level on 100% of 744 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.

OverReturn a yearEarnings growthChange in P/EDividend 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.

Who owns it

Per cent of the company's shares, from the filing for Sep 2026. Foreign institutions include 0.06% held as foreign direct investment: a stake taken in the company directly, such as a foreign parent's, not bought by portfolio investors.Shareholding pattern

Shareholding by group

  • Promoters49.13%
  • Foreign institutions10.65%
  • Indian institutions13.39%
  • Governments0.08%
  • Individuals and others26.75%
Holder
Srichakra Commercials LLPPromoter11.20%
Devarshi Commercials LLPPromoter8.26%
Karuna Commercials LLPPromoter8.26%
Tattvam Enterprises LLPPromoter8.26%
Life Insurance Corporation of IndiaInsurance companies6.83%
Jamnagar Utilities and Power Private LimitedPromoter3.84%
Holders are named in the company's own words: an insurer's holding can carry one of its funds' names. Mutual funds are left out here and listed fund by fund below.

The filing reports 25,00,01,447 of its 6,60,31,41,623 shares locked in.

Mutual funds holding it

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.Mutual fund holdings

Bought for the first time
1
Added
88
Cut
73
Held unchanged
43
Sold out
3
Fund
SBI Mutual Fund logoSBI Nifty 50 ETFSBI Mutual Fund6,36,59,2560.68%₹1,380.6 Cr
UTI Mutual Fund logoUTI Nifty 50 ETFUTI Mutual Fund2,18,31,7760.68%₹473.5 Cr
Invesco Mutual Fund logoInvesco India Arbitrage FundInvesco Mutual Fund2,05,22,5501.46%₹445.1 Cr
Nippon India Mutual Fund logoNippon India ETF Nifty 50 BeESNippon India Mutual Fund2,04,36,5070.68%₹443.2 Cr
ICICI Prudential Mutual Fund logoICICI Prudential Arbitrage FundICICI Prudential Mutual Fund1,76,20,3001.07%₹382.1 Cr
SBI Mutual Fund logoSBI Arbitrage FundSBI Mutual Fund1,64,35,9000.77%₹356.5 Cr
Tata Mutual Fund logoTata Arbitrage FundTata Mutual Fund1,35,28,9501.20%₹293.4 Cr
ICICI Prudential Mutual Fund logoICICI Prudential Nifty 50 ETFICICI Prudential Mutual Fund1,33,99,9240.68%₹290.6 Cr
Kotak Mahindra Mutual Fund logoKotak Arbitrage FundKotak Mahindra Mutual Fund1,19,61,5000.34%₹259.4 Cr
Aditya Birla Sun Life Mutual Fund logoAditya Birla Sun Life Arbitrage FundAditya Birla Sun Life Mutual Fund96,23,2500.77%₹208.7 Cr
Portfolios disclosed for Sep 2026. Weight is the holding as a share of the fund's assets.

Peers and competitors

Investment Company, 73 listed companies, priced on 23 Oct 2026. The table lists the 8 companies closest to Jio Financial Services in market cap.

Where the company sits among the companies nearest its size

Return on equity across, P/E up, size is market cap
Company
Aditya Birla Capital logoAditya Birla CapitalABCAPITAL95,07023.22.8–+16.3%+20.4%12.7%–1.26%3.60%0.00%
L&T Finance logoL&T FinanceLTF59,52617.42.0–+20.1%+26.8%12.3%–2.27%8.46%1.16%
Tata Investment Corporation logoTata Investment CorporationTATAINVEST27,75264.40.976.9+31.0%+31.6%1.4%1.2%––0.62%
Cholamandalam Financial Holdings logoCholamandalam Financial HoldingsCHOLAHLDNG24,0269.01.6–+17.8%+21.1%19.1%–2.23%6.78%0.10%
TVS Holdings logoTVS HoldingsTVSHLTD22,41311.43.55.3+31.4%+53.6%35.3%17.3%––0.78%
Maharashtra Scooters logoMaharashtra ScootersMAHSCOOTER13,55744.50.443.0+0.8%−14.7%0.9%1.0%––1.85%
JSW Holdings logoJSW HoldingsJSWHL12,49691.00.4–−26.7%–0.4%–0.40%0.33%0.00%
TSF INVESTMENTS logoTSF INVESTMENTSTSFINV8,51917.51.437.8+282.6%+6.1%8.4%3.3%––2.91%
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.Dividend history and dates

Dividend per share, ₹, restated for later splits and bonuses

Highest ₹0.60 a share, year to Mar 2026.
Ex-dateTypePer share
10 Aug 2026Final₹0.60
11 Aug 2025Final₹0.50
Latest payments, as declared, by ex-date.

Latest announcements

Routine notices left out.Share news and announcements

Jio Financial Services share price by year

Each calendar year to 2025.Jio Financial Services share price history

YearClose at year endChangeHighest closeLowest close
2025294.95−1.3%333.90200.92
2024298.70+28.2%387.95234.50
2023232.95–255.05206.60
₹ 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 last 10 trading days to 23 Oct 2026, as traded on NSE.

DateOpenHighLowCloseAverage priceVolumeDelivery
23 Oct 2026211.05211.50202.51205.03205.171,91,49,17141.5%
22 Oct 2026210.75212.27208.63210.80210.461,10,45,01940.3%
21 Oct 2026214.10217.33210.03211.39213.051,30,24,81742.2%
19 Oct 2026216.40217.29213.01214.00215.1292,23,61541.9%
16 Oct 2026216.00218.76213.11216.25216.031,74,33,52032.8%
15 Oct 2026219.73221.40217.40219.01219.451,44,48,47641.8%
14 Oct 2026217.85221.35215.62219.00219.031,26,18,68836.6%
13 Oct 2026213.60217.80212.73217.80215.121,69,95,06146.9%
12 Oct 2026215.96217.76212.31213.45214.5076,46,52241.6%
9 Oct 2026211.00215.75210.75214.62213.911,35,54,41743.3%
Prices in ₹ per share as traded, not adjusted.

About Jio Financial Services

Jio Financial Services Limited is a Core Investment Company registered with the Reserve Bank of India. As a holding company, it runs its financial services business through subsidiaries and joint ventures, covering four needs of a customer: borrowing, investing, transacting and protecting. Customers can use the JioFinance app for loans, savings accounts, UPI bill payments and digital insurance.

Jio Credit Limited is a non-banking financial company that offers secured loans to retail customers, including home loans, loans against property and loans on securities, and provides supply chain and vendor financing to corporates. Jio Payment Solutions Limited is a payment aggregator for enterprises. Jio Payments Bank Limited offers digital banking to consumers. Jio Insurance Broking Limited offers life, health and general insurance. Joint ventures with BlackRock cover asset management, wealth management and broking, and joint ventures with Allianz cover reinsurance and general and health insurance. The company reports one segment, investing and financing in India.

The company serves customers across more than 19,000 PIN codes in India, combining its digital platforms with business correspondents, merchant partnerships and an on-ground presence in key markets. Jio Credit Limited has a physical presence at 24 locations across 18 cities in India.

The company was incorporated in Mumbai in 1999. A scheme of arrangement sanctioned by the National Company Law Tribunal on 28 June 2023 named Reliance Industries Limited as the demerged company. The shares have been listed on BSE and NSE since August 2023. In the year to March 2026, the company completed the acquisition of the remaining stake in Jio Payments Bank Limited, making it a wholly owned subsidiary. Allianz Jio Reinsurance Limited began operations in March 2026.

Legal name
Jio Financial Services Limited
NSE symbol
JIOFIN
BSE code
543940
ISIN
INE758E01017
Industry
Finance
Listed
Aug 2023
Face value
₹10
CIN
L65990MH1999PLC120918
Corporate identity number, the registrar of companies' code for it