Jio Financial Services Limited

About

Jio Financial Services Limited, through its subsidiaries, engages in the business of investing and financing, insurance broking, payment bank and payment aggregator, and payment gateway services in India. The company provides loans, savings accounts, recharges, digital insurance, financial tracking, management tools, digital banking, unified payments interface transactions, bill payments, and insurance advisory; and asset and wealth management, and broking services, as well as operating lease solutions to consumers and businesses through a Device-as-a-Service model. It also provides insurance broking services, such as car, bike, health, term, investment, SMEs, MSMEs, property, cyber risk, commercial lines, corporate, and education. In addition, it offers digital banking services, including zero balance, savings, salary, wallet, and online and offline payment solutions; debit cards; payment systems, including aadhaar enabled payment and domestic money transfer; digital payment solutions. Further, it provides home loan; home loan against balance transfer; loan against property, mutual funds, and shares; solar financing; corporate loans and lease; and distribution of life, non-life, and health insurance products. The company was formerly known as Reliance Strategic Investments Limited and changed its name to Jio Financial Services Limited in July 2023. Jio Financial Services Limited was incorporated in 1999 and is based in Mumbai, India.

Key Metrics

as of Sep 2026

Market Cap157,979 Cr

P/E76.40

Div Yield0.25 %

Book Value₹211.00

52w High₹322.00

52w Low₹223.00

Face Value₹10.00

Quarterly Results

Rs. Crores · hover row for definition

Metric	Jun 2026	Mar 2026	Dec 2025	Sep 2025	Jun 2025	Mar 2025	Dec 2024	Sep 2024	Jun 2024	Mar 2024	Dec 2023	Sep 2023	Jun 2023
Sales	219.00	135.00	159.00	520.00	134.00	152.00	137.00	383.00	134.00	141.00	134.00	149.00	215.00
Expenses	73.00	40.00	44.00	62.00	35.00	45.00	44.00	51.00	33.00	33.00	33.00	22.00	6.00
Operating Profit	146.00	94.00	115.00	459.00	99.00	106.00	93.00	332.00	101.00	107.00	101.00	127.00	209.00
OPM %	67.00	70.00	72.00	88.00	74.00	70.00	68.00	87.00	75.00	76.00	75.00	85.00	97.00
Other Income	0.00	0.00	0.00	20.00	0.00	23.00	10.00	0.00	0.00	0.00	0.00	0.00	0.00
Depreciation	2.00	3.00	3.00	3.00	3.00	3.00	3.00	3.00	3.00	3.00	3.00	3.00	3.00
Interest	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	10.00
Profit before tax	144.00	91.00	112.00	475.00	96.00	126.00	101.00	329.00	98.00	104.00	98.00	124.00	196.00
Tax %	27.00	12.00	35.00	4.00	26.00	23.00	25.00	7.00	27.00	25.00	28.00	28.00	26.00
Net Profit	105.00	80.00	73.00	456.00	71.00	97.00	75.00	305.00	72.00	78.00	70.00	89.00	145.00
EPS in Rs	0.16	0.13	0.12	0.72	0.11	0.15	0.12	0.48	0.11	0.12	0.11	0.14	—

Profit & Loss

Annual · Rs. Crores

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018
Sales	949.00	806.00	638.00	45.00	149.00	303.00	349.00	-105.00	3.00
Expenses	181.00	174.00	94.00	-4.00	7.00	82.00	28.00	16.00	0.00
Operating Profit	768.00	632.00	544.00	49.00	141.00	221.00	322.00	-121.00	3.00
OPM %	81.00	78.00	85.00	110.00	95.00	73.00	92.00	—	94.00
Other Income	20.00	33.00	0.00	0.00	35.00	8.00	0.00	0.00	0.00
Interest	0.00	0.00	10.00	0.00	0.00	111.00	128.00	248.00	1.00
Depreciation	13.00	12.00	12.00	0.00	0.00	0.00	0.00	0.00	0.00
Profit before tax	774.00	653.00	521.00	49.00	177.00	118.00	194.00	-369.00	2.00
Tax %	12.00	16.00	27.00	37.00	5.00	-4.00	-19.00	9.00	-15.00
Net Profit	681.00	549.00	382.00	31.00	168.00	123.00	230.00	-402.00	2.00
EPS in Rs	1.07	0.86	0.60	—	—	—	—	—	—
Dividend Payout %	56.00	58.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00

Balance Sheet

Annual · Rs. Crores — latest first

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018
Equity Capital	6,353.00	6,353.00	6,353.00	2.00	2.00	2.00	2.00	2.00	0.02
Reserves	22,952.00	18,632.00	18,084.00	24,052.00	2,226.00	2,058.00	1,935.00	1,705.00	21.00
Borrowings	0.00	0.00	0.00	743.00	0.00	0.00	2,420.00	2,322.00	17.00
Other Liabilities	131.00	110.00	37.00	6.00	0.00	0.00	426.00	72.00	0.00
Total Liabilities	29,436.00	25,096.00	24,474.00	24,803.00	2,228.00	2,060.00	4,783.00	4,100.00	39.00
Fixed Assets	16.00	28.00	37.00	49.00	0.00	0.00	0.00	0.00	0.00
CWIP	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Investments	28,094.00	22,706.00	19,720.00	19,401.00	181.00	57.00	206.00	3,144.00	37.00
Other Assets	1,326.00	2,361.00	4,717.00	5,354.00	2,047.00	2,003.00	4,577.00	956.00	2.00
Total Assets	29,436.00	25,096.00	24,474.00	24,803.00	2,228.00	2,060.00	4,783.00	4,100.00	39.00

Cash Flows

Annual · Rs. Crores — latest first

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018
Cash from Operating Activity	1,360.00	-1,772.00	-283.00	2,053.00	123.00	2,434.00	-3,687.00	-1.00	2.00
Cash from Investing Activity	-4,999.00	1,776.00	1,041.00	-1,164.00	-123.00	163.00	3,649.00	-2.00	0.00
Cash from Financing Activity	3,639.00	0.00	-753.00	-889.00	0.00	-2,597.00	37.00	3.00	-2.00
Net Cash Flow	0.00	4.00	5.00	0.00	0.00	0.00	-1.00	0.00	0.00
Free Cash Flow	1,359.00	-1,776.00	-283.00	2,053.00	123.00	2,434.00	-3,687.00	-1.00	2.00
CFO/OP %	188.00	-273.00	-29.00	4,160.00	98.00	1,102.00	-1,132.00	1.00	121.00

Ratios

Annual · Days / % — latest first

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018
Debtor Days	0.00	0.00	0.00	0.00	0.00	0.00	8.00	-108.00	49.00
Inventory Days	—	—	—	—	—	—	—	0.00	—
Cash Conversion Cycle	0.00	0.00	0.00	0.00	0.00	0.00	8.00	-108.00	49.00
Working Capital Days	14.00	10.00	9.00	829.00	99.00	57.00	-256.00	3,231.00	189.00
ROCE %	3.00	3.00	2.00	0.00	8.00	7.00	8.00	-6.00	—

Shareholding Pattern

% holding — latest first

Holder	Jun 2026	Mar 2026	Dec 2025	Sep 2025	Jun 2025	Mar 2025	Dec 2024	Sep 2024	Jun 2024	Mar 2024	Dec 2023	Sep 2023
Promoters	49.13	47.12	47.12	47.12	47.12	47.12	47.12	47.12	47.12	47.12	47.12	46.77
FIIs	11.27	12.31	11.55	11.85	12.30	11.66	15.62	16.88	17.55	19.45	19.83	21.58
DIIs	13.27	14.26	15.36	14.78	14.68	14.21	12.46	11.39	11.79	12.50	12.99	13.64
Public	26.15	26.11	25.77	26.07	25.70	26.83	24.61	24.46	23.39	20.77	19.92	17.86
No. of Shareholders	4,965,496	4,944,256	4,961,997	5,073,442	5,118,346	5,259,483	4,978,984	4,860,795	4,802,851	4,399,041	4,083,129	3,983,144

Corporate Actions

2 records

Action	Ex Date	Record Date	Ratio	Amount (₹)	Notes
Dividend	10 Aug 2026	10 Aug 2026	—	0.60
Dividend	11 Aug 2025	11 Aug 2025	—	0.50

Announcements

5 filings

Update On Institutional Investors' Meet
01 Sep 2026 1 Sep - Jio Financial executives attended Ashwamedh–Elara India Dialogue 2026 investor meeting on September 1, 2026.
Disclosure Of Voting Results - Third Annual General Meeting (Post Listing) Of The Company
28 Aug 2026 28 Aug - Voting results and scrutiniser report for Third AGM held August 26, 2026 disclosed.
Announcement under Regulation 30 (LODR)-Change in Directorate
26 Aug 2026 26 Aug - AGM approved PKF Sridhar & Santhanam LLP as joint statutory auditor and reappointed Hitesh Kumar Sethia as MD & CEO from November 15, 2026.
Change In Auditors Of The Company
26 Aug 2026 26 Aug - AGM approved PKF Sridhar & Santhanam LLP as joint auditor and reappointed Hitesh Kumar Sethia as MD and CEO from November 15, 2026.
Shareholder Meeting / Postal Ballot-Outcome of AGM 26 Aug
26 Aug 2026