Jio Financial Services Limited (JIOFIN) just put out fresh financials, and the numbers tell a mixed story on growth, valuation and ownership.
Jio Financial Revenue Trend
Jio Financial Services Limited kept up its top-line momentum, with FY2026 revenue climbing to ₹3,543 Cr, a 70.4% jump over FY2025.
At ₹3,543 Cr in revenue, Jio Financial Services Limited sits among the mid-sized players in the Indian financial institution sector.
| Year | Revenue | YoY % |
|---|---|---|
| FY2026 | ₹3,543 Cr | +70.4% |
| FY2025 | ₹2,079 Cr | +12.1% |
| FY2024 | ₹1,855 Cr | — |
View Jio Financial Services Limited's full 10-year revenue trend with CAGR analysis →
Jio Financial Profitability
Net profit slipped to ₹1,561 Cr in FY2026, down 3.2% from a year earlier.
Net margin fell from 77.6% to 44.1% in FY2026, a reflection of the business mix shifting as the lending book scaled up.
On a per-share basis, diluted EPS came in at ₹2.46 for FY2026, down from ₹2.54 a year prior.
Is Jio Financial Undervalued
Jio Financial Services Limited shares are currently trading at ₹249.48.
Craytheon calculates intrinsic value using the P/B Ratio, P/E Ratio, and EPS Growth models. All three appear in the Valuation Models cards below.
Valuation Models
Jio Financial Shareholding Pattern
Promoter holding rose from 47.1% to 49.1%, a mild positive signal for the stock.
Foreign institutional holding stood at 11.3% as of June 2026, down from 11.8%.
Domestic institutional investors (DIIs) trimmed their stake too, holding 13.4% as of June 2026 versus 14.9% a year ago.
| Quarter | Promoter | FII | DII | Public |
|---|---|---|---|---|
| Jun 2026 | 49.1% | 11.3% | 13.4% | 26.2% |
| Mar 2026 | 47.1% | 12.3% | 14.4% | 26.1% |
| Dec 2025 | 47.1% | 11.6% | 15.4% | 25.8% |
| Sep 2025 | 47.1% | 11.8% | 14.9% | 26.1% |
Track quarterly shareholding changes for Jio Financial Services Limited →
Jio Financial Balance Sheet
Proportional view as of 29 Jul 2026. Hover blocks for details.
Assets
Liabilities & Equity
Total assets stood at ₹1,634.97B at the end of FY2026, up 22.5% from ₹1,335.10B a year earlier.
Cash & ST Investments is the largest block at 83.6%, followed by Other Assets at 16.1% and Intangibles & Goodwill at 0.2%.
Equity makes up 81.9% of liabilities and equity, with debt at 13.3% and operating liabilities at 4.8%. Over the year, debt is up 448.3% and equity is up 8.4%.
Balance sheet composition — FY 2026
| Category | Value |
|---|---|
| Cash & ST Investments | 1,366.87B |
| Receivables | 607.00M |
| Property, Plant & Equipment | 664.50M |
| Intangibles & Goodwill | 3.64B |
| Other Assets | 263.18B |
| Category | Value |
|---|---|
| Equity | 1,338.54B |
| Short-term Debt | 217.68B |
| Trade Payables | 971.10M |
| Other Liabilities | 77.78B |
What Stands Out About Jio Financial
So what does this add up to for Jio Financial Services Limited (JIOFIN) heading into the next fiscal year?
FY2026 revenue of ₹3,543 Cr, up 70.4% year-over-year.
Profitable still, with a 44.1% net margin and net income of ₹1,561 Cr.
Unlock Full Analysis
Craytheon's full analysis of Jio Financial Services Limited goes deeper: four valuation models, growth metrics, and 10 years of financial data.