Explore the detailed analysis report on Jio Finance share price targets for the years 2024, 2025, 2030, 2040, and 2050, providing valuable insights and forecasts for investors.
About Jio Financial Services Ltd.
Jio Financial Services, once a subsidiary of Reliance Industries (RIL), transitioned into an independent entity and debuted on Indian stock exchanges in August 2023. Specializing in financial services, it offers payment solutions and insurance brokerage.
Company Profile
| Trade name | Jio Finance |
| Company type | Public |
| Traded as | BSE: 543940 NSE: JIOFIN |
| ISIN | INE758E01017 |
| Founder | Mukesh Ambani |
| Headquarters | Mumbai, Maharashtra |
| Area served | India |
| Key people | K. V. Kamath, Rajiv Mehrishi |
| Website | www.jfs.in |
Jio Financial Services Ltd. Fundamentals
| Market Cap | ₹ 1,67,822 Cr. |
| Advances | ₹ 0 Cr. |
| No. of Shares | 635.33 Cr. |
| P/E | 5368.9 |
| P/B | 6.89 |
| Face Value | ₹ 10 |
| Div. Yield | 1635.99% |
| Book Value (TTM) | ₹ 38.34 |
| Operating Revenue | ₹ 41.63 Cr. |
| Net Profit | ₹ 31.25 Cr. |
| Promoter Holding | 47.12% |
| EPS (TTM) | ₹ 0.05 |
| Sales Growth | -71.99 |
| ROE | 0.31% |
| ROCE | 0.37% |
| Profit Growth | -81.40% |
Jio Financial Services Ltd. Loss & Profit – Last 3 Years Report
| Profit & Loss | Mar 2021 (Cr.) | Mar 2022 (Cr.) | Mar 2023 (Cr.) |
|---|---|---|---|
| Operating Income | 295.18 | 148.61 | 41.63 |
| Other Income | 15.63 | 35.65 | 13.27 |
| Interest | 110.57 | 0 | 0 |
| Operating Expenses | 69.79 | 7.04 | 2.15 |
| Total Provisions | 12.39 | 0.35 | 3.41 |
| Exceptional Items | 0 | 0 | 0 |
| Profit Before Tax | 118.06 | 176.87 | 49.34 |
| Tax | -5 | 8.83 | 18.09 |
| Profit After Tax | 123.06 | 168.04 | 31.25 |
| Adjusted EPS (Rs.) | 609.21 | 831.88 | 154.55 |
Jio Financial Services Ltd. Balance Sheet – Last 3 Years Report
| Balance Sheet | Mar 2021 (Cr.) | Mar 2022 (Cr.) | Mar 2023 (Cr.) |
|---|---|---|---|
| Equity and Liabilities | |||
| Share Capital | 2.33 | 2.33 | 2.33 |
| Total Reserves | 2,057.66 | 2,225.70 | 24,051.92 |
| Borrowings | 0 | 0 | 0 |
| Other N/C liabilities | -3.77 | -5.31 | 4.08 |
| Current liabilities | 0.07 | 0.09 | 744.77 |
| Total Liabilities | 2,056.29 | 2,222.81 | 24,803.10 |
| Assets | |||
| Loans | 0 | 0 | 0 |
| Net Block | 0 | 0 | 48.80 |
| Capital WIP | 0 | 0 | 0 |
| Intangible WIP | 0 | 0 | 0 |
| Investments | 57.49 | 180.90 | 19,400.57 |
| Other Loans | 1,985.91 | 2,041.35 | 23.87 |
| Other N/C Assets | 0 | 0 | 0 |
| Current Assets | 12.89 | 0.56 | 5,329.86 |
| Total Assets | 2,056.29 | 2,222.81 | 24,803.10 |
Jio Financial Services Ltd. Analysis Report
JIO Financial Services, a key player in India’s financial sector, offers investment solutions catering to diverse financial needs. The company operates within strict regulatory frameworks, ensuring compliance in broking activities and clearing operations.
With only 2% of India’s population invested in financial assets and a mere 7% penetration in mutual funds, there’s immense growth potential in the industry.
Factors such as rising financial literacy, digitization, and increased investment avenues further bolster market participation.
Evaluating JIO Financial Services’ performance, key financial indicators like profitability, EPS growth, return on equity (ROE), and P/E ratio offer insights into its financial health and stock valuation.
With a current P/E ratio of 0 and a P/B ratio of 7.00, investors may analyze whether JIO Financial Services’ stock is undervalued or overvalued relative to its market price.
| Month | Minimum Target (₹) | Maximum Target (₹) |
|---|---|---|
| January | 300 | 320 |
| February | 230 | 320 |
| March | 310 | 330 |
| April | 315 | 335 |
| May | 320 | 340 |
| June | 325 | 345 |
| July | 330 | 350 |
| August | 335 | 355 |
| September | 340 | 360 |
| October | 345 | 365 |
| November | 350 | 370 |
| December | 355 | 375 |
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| Month | Minimum Target (₹) | Maximum Target (₹) |
|---|---|---|
| January | 340 | 360 |
| February | 345 | 365 |
| March | 350 | 370 |
| April | 355 | 375 |
| May | 360 | 380 |
| June | 365 | 385 |
| July | 370 | 390 |
| August | 375 | 395 |
| September | 380 | 400 |
| October | 385 | 405 |
| November | 390 | 410 |
| December | 395 | 415 |
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| Month | Minimum Target (₹) | Maximum Target (₹) |
|---|---|---|
| January | 450 | 480 |
| February | 460 | 490 |
| March | 470 | 500 |
| April | 480 | 510 |
| May | 490 | 520 |
| June | 500 | 530 |
| July | 510 | 540 |
| August | 520 | 550 |
| September | 530 | 560 |
| October | 540 | 570 |
| November | 550 | 580 |
| December | 560 | 590 |
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- Growth Engine: Imagine Jio Finance powering India’s financial future, fueled by the country’s booming economy and digital adoption. They could reach ₹2,000-₹2,500 per share, driven by:
- Innovation: Embracing cutting-edge tech like AI and blockchain to create revolutionary financial products and experiences.
- Strategic Partnerships: Teaming up with industry giants to expand reach and offerings.
- Market Penetration: Deepening their roots across India, becoming a household name for diverse financial needs.
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- Market Leader: Picture Jio Finance at the forefront of the Indian financial landscape, potentially reaching ₹3,000-₹4,000 per share thanks to:
- Technological Prowess: Leading the way with cutting-edge fintech solutions, shaping the future of finance.
- Unmatched Reach: Serving millions across India, offering a comprehensive suite of financial services.
- Reliance Advantage: Leveraging the Reliance legacy for brand trust, resources, and diversification.
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- Growth Trajectory: Jio Finance is expected to witness significant growth over the years, driven by its innovative financial products, strategic partnerships, and expanding customer base. As the company solidifies its position in the market and captures a larger share of the financial services industry, its share price is likely to appreciate accordingly.
- Market Trends: With the increasing digitization of financial services and the growing demand for convenient and accessible banking solutions, Jio Finance is well-positioned to capitalize on these trends. Continued investments in technology and customer-centric offerings could fuel the company’s growth trajectory and support higher valuations.
- Economic Outlook: India’s economic growth is projected to continue over the long term, creating favorable conditions for companies operating in the financial sector. As the economy expands and more individuals participate in the formal financial system, Jio Finance stands to benefit from increased demand for its products and services.
- Risk Factors: It’s essential to consider potential risks that could impact Jio Finance’s performance and share price targets, including regulatory changes, competitive pressures, technological disruptions, and macroeconomic uncertainties. Investors should carefully assess these factors and adjust their investment strategies accordingly.
FAQs
Q. Does Jio Finance Services Ltd. Pays Dividends?
No, Jio Financial Services Ltd. (JIOFIN) does not currently pay dividends.
As per analysis, Jio Financial Services Ltd. share price reach ₹500 in 2025-26 (Approx.)
