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Jio Financial Services Ltd.

JIOFINFinancial Services filings

We hold this company’s filings and have not read the financial statements out of them yet. Every filing on record is listed under filings, and each one opens.

Earnings calls

12 transcript(s)/analyst meet(s) served; 0 document(s) on file are not transcripts (cover letters, duplicates, unresolved) and are excluded. Speaker attribution is shown only where the segmenter attributes ≥ 95% of sentences to management or analysts (0 of 12 documents here); elsewhere sentences render unattributed.

KindDatePeriodServedAttribution rate
TRANSCRIPT202310192023-09-30yes
TRANSCRIPT202401172023-12-31yes
TRANSCRIPT202404232024-03-31yes
TRANSCRIPT202407162024-06-30yes
TRANSCRIPT202410222024-09-30yes
TRANSCRIPT202501212024-12-31yes
TRANSCRIPT202504182025-03-31yes
TRANSCRIPT202507232025-06-30yes
TRANSCRIPT202510232025-09-30yes
TRANSCRIPT202601212025-12-31yes
TRANSCRIPT202604232026-03-31yes
ANALYST_MEET202607222026-06-30yes

JIOFIN

files as a non-banking financial company. Every figure below opens to the filing it was read from; where a figure is not shown, the reason is printed in its place.

Identity

Statement divisionnbfc
Scope servedconsolidated
Panels on this page4

Market

No split, bonus or consolidation is on record for this company inside the period this price series covers, so the closes need no adjustment.

Last close227.20
52-week range224.1 – 314.9
Return 1M-6.56%
Return 3M-5.11%
Return 1Y-25.93%
Return 3Y-1.11%
Return 5Ynot reported for this period
Market capitalisationnot shown — we could not confirm it
Shares outstandingnot shown — we could not confirm it
P/Enot shown — we could not confirm it
P/Bnot shown — we could not confirm it
EV/EBITDAnot shown — we could not confirm it

Latest quarter filed — period ending 2026-06-30

In INR crore except per-share figures. `period_id` is the period the filing names for the number; the date beside each cell is when it was filed.

Revenue from operations2,004.00
Other income0.00
Total income2,005.00
Cost of materials consumed0.00
Purchases of stock-in-trade0.00
Changes in inventories0.00
Employee benefit expense152.00
Finance costs418.00

Ownership — 2026-06-30, and the change from 2026-04-21

HolderPer centChange
promoter and promoter group0.490.00
institutions foreign0.11-0.00
institutions domestic0.13-0.00
mutual funds0.05-0.00
public0.510.00

Documents on file

ClassMost recentOn file
ANALYST_MEET2026-06-301
TRANSCRIPT2026-03-3111

Financial statements

Filed results, consolidated, in INR crore except per-share figures. Every figure opens to the filing it was read from. Quarterly and annual columns are the periods the filing itself names, never a document date.

Quarterly results, as filed

Line2023-09-302023-12-312024-03-312024-06-302024-09-302024-12-312025-03-312025-06-302025-09-302025-12-312026-03-312026-06-30
Revenue from operations608.00414.00418.00418.00694.00438.00493.00612.00981.00901.001,019.002,004.00
Other income0.001.000.000.000.0011.0025.007.0021.000.001.000.00
Total income608.00414.00418.00418.00694.00449.00518.00619.001,002.00901.001,020.002,005.00
Cost of materials consumed0.000.000.000.000.000.000.000.000.000.000.000.00
Purchases of stock-in-trade0.000.000.000.000.000.000.000.000.000.000.000.00
Changes in inventories0.000.000.000.000.000.000.000.000.000.000.000.00
Employee benefit expense31.0034.0039.0039.0068.0054.0055.0064.0095.00100.00129.00152.00
Finance costs0.000.000.000.000.000.008.0099.00136.00212.00298.00418.00
Depreciation and amortisation5.005.005.005.006.006.006.006.008.008.008.009.00
Other expenses35.0059.0057.0035.0069.0059.0077.0085.00185.00227.00257.00411.00
Total expenses71.0099.00103.0079.00146.00131.00169.00261.00436.00566.00720.001,016.00
Profit before exceptional items and tax537.00315.00315.00338.00548.00318.00350.00359.00566.00335.00300.00989.00
Exceptional items0.000.000.000.000.000.000.0029.000.000.000.000.00
Profit before tax537.00315.00315.00338.00548.00318.00350.00388.00566.00335.00300.00989.00
Current tax95.0096.0091.0066.0054.0080.0070.0072.0077.0068.0089.00193.00
Deferred tax-8.00-8.00-9.0022.0030.003.0010.0022.0011.0034.00-23.00-54.00
Tax expense86.0088.0082.0088.0084.0082.0080.0094.0088.00102.0066.00139.00
Profit for the period668.00294.00311.00313.00689.00295.00316.00325.00695.00269.00272.00830.00
Profit attributable to owners668.00294.00311.00313.00689.00295.00316.00325.00695.00269.00272.000.00
Profit attributable to non-controlling interests0.000.000.000.000.000.000.000.000.000.000.000.00
Other comprehensive income-7,504.009,001.0013,913.005,832.00-8,837.00-18,477.004,218.0016,252.00-9,665.0014,601.00-16,028.00-3,403.00
Total comprehensive income-6,836.009,294.0014,223.006,145.00-8,148.00-18,182.004,534.0016,576.00-8,970.0014,870.00-15,756.00-2,573.00
Earnings per share, basic1.050.460.490.491.090.460.500.471.100.420.431.27
Earnings per share, diluted1.050.460.490.491.090.460.500.511.100.420.431.27
Interest earned186.00269.00281.00162.00205.00210.00276.00363.00392.00504.00642.00962.00
Fees and commission income42.0041.0031.0038.0041.0037.0039.0054.00140.00182.00221.00325.00
Net gain on fair value changes164.00103.00107.00218.00207.00191.00178.00196.00180.00215.00155.00210.00
Dividend income217.000.000.000.00241.000.000.000.00269.000.000.00509.00
Rental income0.000.000.000.000.000.000.000.000.000.000.000.00

Annual results, as filed

Line2024-03-312025-03-312026-03-31
Revenue from operations1,854.002,043.003,513.00
Other income1.0036.0029.00
Total income1,855.002,079.003,543.00
Cost of materials consumed0.000.000.00
Purchases of stock-in-trade0.000.000.00
Changes in inventories0.000.000.00
Employee benefit expense116.00215.00387.00
Finance costs10.008.00745.00
Depreciation and amortisation22.0023.0029.00
Other expenses177.00239.00755.00
Total expenses327.00525.001,983.00
Profit before exceptional items and tax1,527.001,554.001,560.00
Exceptional items0.000.0029.00
Profit before tax1,527.001,554.001,588.00
Current tax333.00270.00306.00
Deferred tax18.0064.0045.00
Tax expense351.00334.00351.00
Profit for the period1,605.001,613.001,561.00
Profit attributable to owners1,605.001,613.001,561.00
Profit attributable to non-controlling interests0.000.000.00
Other comprehensive income23,424.00-17,264.005,159.00
Total comprehensive income25,028.00-15,651.006,720.00
Earnings per share, basic2.532.542.41
Earnings per share, diluted2.532.542.46
Interest earned938.00853.001,902.00
Fees and commission income152.00155.00597.00
Net gain on fair value changes548.00794.00745.00
Dividend income217.00241.00269.00
Rental income0.000.000.00

Balance sheet, as filed

Line2023-09-302024-03-312024-09-302025-03-312025-09-302026-03-31
Total assets119,598.00144,863.00144,222.00133,510.00152,452.00163,497.00
Property, plant and equipment35.0031.0032.0033.0040.0054.00
Capital work-in-progress0.000.000.007.0014.0013.00
Goodwill101.00100.00100.00100.00100.00100.00
Other intangible assets46.0040.0034.0047.00173.00172.00
Inventories0.000.000.000.000.000.00
Cash and cash equivalents63.0067.0077.00352.00234.00715.00
Total equity and liabilities119,598.00144,863.00144,222.00133,510.00152,452.00163,497.00
Equity115,631.00139,148.00137,144.00123,497.00134,739.00133,854.00
Equity share capital6,353.006,353.006,353.006,353.006,353.006,353.00
Other equity109,278.00132,794.00130,791.00117,143.00128,386.00127,500.00
Total liabilities———10,013.0017,713.0029,643.00

Cash flow, as filed

Line2023-09-302024-03-312024-09-302025-03-312025-09-302026-03-31
Net cash from operating activities-132.00-678.00-1,264.00-10,083.00-4,615.00-15,439.00
Net cash from investing activities882.001,441.001,274.006,406.00-5,554.00-5,697.00
Net cash from financing activities-743.00-753.000.003,962.0010,051.0021,454.00
Purchase of property, plant and equipment0.001.007.0042.0049.00105.00
Net increase in cash7.0011.0010.00285.00-119.00318.00
con:CFO.BEFORE_TAX-30.00-345.00-1,124.00-79.00-5,185.00-765.00
con:INTEREST_RECEIVED.OPERATING0.002.0014.00151.00464.001,231.00
con:INTEREST_PAID.OPERATING0.000.000.000.00-235.000.00
con:DIVIDENDS_RECEIVED.OPERATING0.000.000.000.000.000.00
con:TAX_PAID.OPERATING102.00335.00154.00280.00129.00270.00
con:CF_OTHER.OPERATING0.000.000.00-9,875.000.00-15,634.00
con:INVESTMENTS_PURCHASED9,030.0017,049.0018,083.0028,924.0041,843.0069,014.00
con:INVESTMENTS_SOLD9,663.0021,882.0012,968.0027,427.0032,846.0062,470.00
con:PPE_DISPOSALS0.000.000.000.000.000.00
con:CF_INVESTING.SUBSIDIARIES_SOLD0.000.000.000.000.000.00
con:CF_INVESTING.SUBSIDIARIES_ACQUIRED0.000.000.000.000.000.00
con:CF_INVESTING.JV_SOLD0.000.000.000.000.000.00
con:CF_INVESTING.JV_ACQUIRED0.006.00164.00428.00237.00857.00

Who owns it

The shareholding pattern filed with the exchange every quarter, as a series. Percentages are of total shares. Each figure names the filing it was read from and the date it was filed.

Holder2023-08-212023-09-302023-12-312024-03-312024-06-302024-09-302024-12-312025-03-312025-06-302025-09-302025-12-312026-03-312026-04-212026-06-30
Promoter and promoter group45.8046.7747.1247.1247.1247.1247.1247.1247.120.470.470.470.490.49
Domestic institutions16.3313.7413.0812.6011.8811.4912.5614.3014.780.150.150.140.130.13
Mutual funds————————6.450.060.070.060.050.05
Insurance companies8.928.007.417.197.176.656.646.987.590.080.070.070.070.07
Foreign institutions26.4421.5819.8319.4517.5516.8815.6111.6612.300.120.120.120.120.11
Government————————0.090.000.000.000.000.00
Public54.2053.2352.8852.8852.8852.8852.8852.8852.880.530.530.530.510.51
Non-institutional11.3617.8419.8920.7523.3624.4224.6226.8425.710.260.260.260.260.26
Shares outstanding63532841886353284188635328418863532841886353284188635328418863531416236353141623635314162363531416236353141623635314162366031416236603141623

Related parties

Transactions with related parties as disclosed to the exchange for the period ending 2024-09-30, by counterparty, largest first. Amounts are as filed. Each row names the filing and the date it was filed.

CounterpartyRelationshipTypeAmount in the periodTransactions
Reliance Industries LimitedEntity under common controlDividend received, Purchase of fixed assets, Purchas2,412,300,000.007
Reliance Industrial Investments and Holdings LimitedWholly owned SubsidiaryDividend received2,350,300,000.001
Jio Leasing Services LimitedWholly owned SubsidiaryInterest received, Investment, Loan, Purchase of goo1,997,100,000.008
Reliance Services and Holdings LimitedAssociateDividend received1,617,200,000.001
Jio Payments Bank LimitedJoint VentureInvestment, Purchase of goods or services, Sale of g1,003,300,000.005
Reliance International Leasing IFSC LimitedJoint VentureInvestment675,000,000.001
Reliance Retail LimitedEntity under common controlPurchase of goods or services, Sale of goods or serv203,000,000.006
Jio Platforms LimitedEntity under common controlPurchase of goods or services, Sale of goods or serv115,900,000.004
Hitesh Kumar SethiaKMPRemuneration26,600,000.001
Jio Insurance Broking LimitedWholly owned SubsidiarySale of goods or services16,500,000.001
Abhishek H. PathakKMPRemuneration9,700,000.001
Mohana VKMPRemuneration9,300,000.001
Jio Finance LimitedWholly owned SubsidiarySale of goods or services7,600,000.002
Reliance Industries LtdEntity under common controlPurchase of goods or services, Sale of goods or serv5,100,000.002
Reliance BP Mobility LtdEntity under common controlSale of goods or services3,800,000.001

What management said

Every earnings call we hold for this company, read in full. Prepared remarks are separated from the question-and-answer session and every paragraph names who said it and on which page. These are management’s own words, not filed figures.

DateQuarterWho spoke
2026-07-22Q1FY27Read the call
2026-04-23Q4FY26Read the call
2026-01-21Q3FY26Read the call
2025-10-23Q2FY26Read the call
2025-07-23Q1FY26Read the call
2025-04-18Q4FY25Read the call
2025-01-21Q3FY25Read the call
2024-10-22Q2FY25Read the call
2024-07-16Q1FY25Read the call
2024-04-23Q4FY24Read the call
2024-01-17Q3FY24Read the call
2023-10-19Q2FY24Read the call

What they said about it, quarter by quarter

TopicQ2FY24Q2FY25Q2FY26Q3FY24Q3FY25Q4FY24Q4FY25Q4FY26
Capital allocation668 crores include dividend income of Rs.62 crores in the first quarter of FY25. This was primarily on account of the dividend received by RSHL on its investment in RIL shares.317 crores, representing 52% of our Consolidated Net Total Income, excluding dividend and finance costs on external borrowings.Similarly, the Consolidated Pre-Provisioning Operating Profit was Rs 316 crores for 3-months ended December 31st, 2023 as compared to Rs 537 crore for…We have now entered into a marketing tie-up to leverage the MyJio app for customer acquisition.The total income is represented by interest income on investments, dividend on investments, realised gains on sale of investments and unrealised gains…1,594 crore for FY2025, including investment income and dividend income.Relentless focus on cost engineering at scale by optimizing our "4Cs" - Cost of Funds, Cost of Acquisition, Cost of Servicing, and Credit Costs.
Debt and cash—We are also present in the market with a suite of tailored corporate finance solutions, including vendor financing, working capital loans, term loans …————This includes corporate offerings such as vendor financing, working capital term… working capital loans, term loans, and factoring; as well as retail …—
Demand—To support the growth aspirations of young and growing country, the demand for all forms of financial services remains encouraging.In line with our commitment to disciplined, risk-calibrated growth, our NBFC, Jio Credit Limited, continued growing its loan book on the back of encou…—Jio Finance Limited, or JFL, which is our NBFC, now has nine offices across seven cities for last-mile fulfilment; Jio Payments Bank Limited has expan…Products including Loan against Mutual Funds, Home Loan and Loan Against Property are in our pipeline.Simultaneously, we expanded our physical presence to 10 Tier-1 cities and will continue to focus on cities with strong demand for credit.—
Guidance—These principles guide every decision that we take, and provide a very strong foundation for sustainable growth.—A board level committee has been set up to provide necessary oversight and guidance.Thank you for your continued support as we pursue a sustainable path to value creation, within the guardrails of our four guiding principles.In the coming quarters, we expect the ramp up, we expect to ramp up our business correspondent touch points to facilitate further growth.Finally, I would like to express my sincere gratitude to our Board of Directors for their steadfast guidance, to our investors for their continued tru…I am deeply grateful to the Directors of the Board, my management colleagues and employees across the group, auditors, investors and analysts for thei…
Margin———————Our Net Processing Margin improved to 12 basis points in Q4 FY26, up from 6 basis points a year ago and 10 basis points in the preceding quarter.
People—We are making good progress in this JV, with respect to hiring the right talent, deploying the technology infrastructure, and firming up the product r…We are focused on deploying cutting-edge technology and hiring top talent required to deliver digital-first and a seamless wealth management and broki…———Our focus on strong governance, hiring top-tier talent, and implementing a modern, cost- efficient tech and data architecture is now reflecting in our…—
Pricing——A favourable interest rate environment and a top-notch credit rating has enabled the NBFC to bring down its average cost of borrowing further to 7.06%…—————
Revenue growthWe consider it as a privilege to be able to contribute towards the growth of our economy.—140 crores, showing a robust growth of 142% YoY.————8 crore reported in Q4 FY25. This growth was supported by a 61% year-on-year increase in our CASA customer base, which now stands at… at 3.7 million c…