Get 50% OFF This Monsoon!
Jio Financial Services
No Data Available
No Stocks
Unlock Smart Score
See Detailed Analysis & Insights
Unlock Insights
See Detailed Analysis & Insights
No Research Report
ROE
Avg ROE (3 Yrs) : NaN%
ROCE
Avg ROCE (3 Yrs) : NaN%
ROA
Avg ROA (3 Yrs) : NaN%
NPM
Avg NPM (3 Yrs) : NaN%
No Data Available
Unlock Management Data
See Detailed Analysis & Insights
Jio Financial Services Limited was incorporated as a Private Limited Company with the name and style of ‘Reliance Strategic Investments Private Limited’ dated July 22, 1999, issued by the Registrar of Companies, Maharashtra at Mumbai. Subsequently, the Company got converted from a Private Limited Company to a Public Limited Company and consequently renamed as ‘Reliance Strategic Investments Limited’ dated January 14, 2002, at Mumbai. Consequently, through the Scheme of Arrangement, the name of Company has been changed to Jio Financial Services Limited and a fresh Certificate of Incorporation dated July 25, 2023 was issued by the Registrar of Companies, Maharashtra at Mumbai.
'Jio” is regarded as a trusted brand in India, widely recognised by retail customers, merchants and small businesses. The Company plans to primarily target key customer segments – unserved and underserved individuals and small sized businesses in urban, semi-urban and rural India to offer our sustainable, and comprehensive range of financial services. Again, it plans to offer simple transparent financial services products catering to rapidly evolving customer needs. The payments platform helps merchants grow their business by giving them solutions which allows them to accept payments, acquire and retain consumers, improve their business operations, and access financial services. The payment bank provides a comprehensive suite of digital payment banking solutions, to both individuals and small business (including merchants). Insurance broking business offers insurance led solutions to the walk-in customers at retail store outlets servicing them both digitally and with dedicated sales associates and trained staff. It focuses on providing insurance solutions to corporate customer, vendor partners and small businesses.
In 1999, the Company was registered with the RBI to carry on the business as a non-banking financial institution not accepting public deposits. The Scheme of Arrangement between Reliance Industries Limited and the Company for Demerger, transfer and of the Demerged Undertaking from RIL into the Company on a going concern basis was made effective from July 1, 2023. Pursuant to the Scheme of Arrangement, the name of Company got changed to Jio Financial Services effective from July 25, 2023. The Equity Shares got listed on August 21, 2023 with 635,32,84,188 Shares.
Jio Financial Services share price reflects investor sentiment toward the company and is impacted by various factors such as financial performance, market trends, and economic conditions. Share price is an indicator which shows the current value of the company's shares at which buyers or sellers can transact.
Market capitalization of Jio Financial Services indicates the total value of its outstanding shares. Marketcap is calculated by multiplying share price and outstanding shares of the company. It is a helpful metric for assessing the company's size and market Valuation. It also helps investors understand how Jio Financial Services is valued compared to its competitors.
Jio Financial Services PE ratio helps investors understand what is the market value of each stock compared to Jio Financial Services 's earnings. A PE ratio higher than the average industry PE could indicate an overvaluation of the stock, whereas a lower PE compared to the average industry PE could indicate an undervaluation.
The PEG ratio of Jio Financial Services evaluates its PE ratio in relation to its growth rate. A PEG ratio of 1 indicates a fair value, a PEG ratio of less than 1 indicates undervaluation, and a PEG ratio of more than 1 indicates overvaluation.
Return on Equity (ROE) measures how effectively Jio Financial Services generates profit from shareholders' equity. A higher ROE of more than 20% indicates better financial performance in terms of profitability.
Return on Capital Employed (ROCE) evaluates the profitability of Jio Financial Services in relation to its capital employed. In simple terms, ROCE provides insight to investors as to how well the company is utilizing the capital deployed. A high ROCE of more than 20% shows that the business is making profitable use of its capital.
Total debt of Jio Financial Services shows how much the company owes to either banks or individual creditors. In simple terms, this is the amount the company has to repay. Total debt can be a very useful metric to show the financial health of the company. Total debt more than equity is considered to be a bad sign.
The Debt-to-Equity (DE) ratio of Jio Financial Services compares its total debt to shareholders' equity. A higher Debt to Equity ratio could indicate higher financial risk, while a lower ratio suggests that the company is managing its debt efficiently.
CAGR shows the consistent growth rate of Jio Financial Services over a specific period, whether it is over a month, a year, or 10 years. It is a key metric to evaluate the company’s long-term growth potential. Main metrics for which CAGR is calculated are net sales, net profit, operating profit, and stock returns.
Technical analysis of Jio Financial Services helps investors get an insight into when they can enter or exit the stock. Key components of Jio Financial Services Technical Analysis include:
There are usually multiple support levels, but the main support levels for a stock are S1, S2, S3. Support levels indicate price points where stock might get support from buyers, helping the stock stop falling and rise.
There are usually multiple resistance levels, but the main resistance levels for a stock are R1, R2, R3. Resistance levels represent price points where Jio Financial Services shares often struggle to rise above due to selling pressure.
Dividends refer to the portion of the company’s profits distributed to its shareholders. Dividends are typically paid out in cash and reflect Jio Financial Services ’s financial health and profitability.
Bonus shares are usually given by companies to make the stock more affordable, increase liquidity, boost investor confidence, and more.
Stock split increases the number of its outstanding shares by dividing each existing share into multiple shares. When the company offers a stock split, the face value of the stock reduces in the same proportion as the split ratio.
The financials of Jio Financial Services provide a complete view to investors about its net sales, net profit, operating profits, expenses, and overall financial health. Investors can analyze financial data to assess the company’s stability and also understand how the company has been growing financially.
The profit and loss statement of Jio Financial Services highlights its net sales, net profit, total expenditure, and operating profits in the current financial year. This Profit and Loss statement is crucial for evaluating the profitability and financial stability of Jio Financial Services .
The balance sheet presents a snapshot of Jio Financial Services ’s assets, liabilities, and equity of shareholders, providing insights into the financials of the company.
Cashflow statements track the company's cash inflows and outflows over a period. It is an essential tool for understanding how well the company manages its liquidity and finances.
Jio Financial Services Net Interest Margin (NIM) tells about the profitability earned by all NBFCs and financial institutions. It represents the income generated by the bank from the difference between the interest earned on loans and the interest paid on public deposits. Net Interest Margin (NIM) is a metric that monitors the profitability generated from a bank's lending activities.
Non-Performing Assets (NPA) indicate the ratio of a bank's loans that are classified as non-performing. A lower NPA ratio reflects stronger asset quality and more effective risk management.
Capital Adequacy Ratio (CAR) is a metric to measure the bank's ability to absorb losses and still remain financially stable. A higher CAR shows that the bank is financially sound and can absorb potential losses.
Gross NPA is the percentage of total non-performing loans before provisioning, while net NPA is the percentage after provisioning. Lower gross and net NPA ratios indicate better loan quality.
Net NPA is the actual losses a bank has incurred due to NPA accounts. Lower the NPA, better the banks can maintain stable income from interest on loans.
CASA ratio tells how much of a bank's total deposits are in both current and savings accounts.
Download the App