More about JM Financial Limited
Fundamentals for JM Financial Limited
Regulatory Filings for JM Financial Limited
The Renewable Success Story Beyond Solar
Startups Mint India’s New Billionaires
India's Biggest IPO Has a Bigger Meaning
From Watches to Wealth: Titan's New Empire
Fundamentals for JM Financial Limited
Business Operations:
Sector: Financial ServicesIndustry: Capital Markets
JM Financial Limited, together with its subsidiaries, provides various integrated and diversified financial services to corporations, financial institutions, government organizations, high net-worth individuals, and retail customers in India and internationally. The company operates in four segments: Investment Bank; Mortgage Lending; Alternative & Distressed Credit; and Asset Management, Wealth Management & Securities Business (Platform AWS). The Investment Bank segment manages capital markets transactions, as well as advises on mergers and acquisitions, and private equity syndication. This segment also engages in institutional equities business and research, portfolio management services, private equity funds, fixed income, syndication, and finance. Its Mortgage Lending segment offers finance against commercial and residential real estate to a range of corporate and non-corporate clients; and housing finance and lending services to educational institutions. The Alternative & Distressed Credit segment provides securitization and reconstruction of financial assets and manages alternative credit funds. Its Platform AWS segment offers investment advisory and distribution services, which include equity brokerage, elite and retail wealth management, and margin trade financing; distributes financial products; and manages mutual fund assets through various schemes. It also provides real estate consulting; and capital market lending services. The company was formerly known as J.M. Share and Stock Brokers Private Limited and changed its name to JM Financial Limited in September 2004. JM Financial Limited was founded in 1973 and is headquartered in Mumbai, India.
Revenue projections:
Financial Ratios:
| currentRatio | 7.557000 |
|---|---|
| forwardPE | 8.422819 |
| debtToEquity | 102.435000 |
| earningsGrowth | -0.210000 |
| revenueGrowth | 0.000000 |
| grossMargins | 0.885780 |
| operatingMargins | 0.335500 |
| trailingEps | 12.560000 |
| forwardEps | 14.900000 |
JMFINANCIL's current ratio 7.557, suggesting the company has sufficient liquidity to service its short-term debt. With its cash reserves and current assets in good shape, JMFINANCIL can comfortably meet its immediate liabilities, reflecting a healthy financial standing.
JMFINANCIL's high debt-to-equity ratio indicates a high level of leverage, meaning the company relies significantly on debt for financing. This can increase financial risk, particularly in times of economic instability or reduced profitability.
JMFINANCIL's low earnings and revenue growth point to a possible reduction in profits. This trend suggests that the company may face difficulties in maintaining its profitability and could be a cause for concern among investors.
JMFINANCIL's positive gross and operating margins suggest that the company is operating profitably. These strong margins indicate effective cost management and revenue generation, contributing to a solid financial foundation.
JMFINANCIL's forward EPS exceeding its trailing EPS means that the company is expected to increase profitability in the current financial year. This reflects improved earnings potential, signaling that JMFINANCIL is likely to outperform its previous year's financial performance.
Price projections:
The current price of JMFINANCIL, in relation to its projections, presents a neutral outlook. There are no discernible risks or opportunities at this stage, indicating that investors may need to await further developments to make informed decisions regarding their positions in the stock.
Recommendation changes over time:
The recent buy bias from analysts suggests JMFINANCIL is seen as a strong investment, encouraging more investors to consider it. With this favorable sentiment, JMFINANCIL appears to be a reliable option for parking money, offering stability and long-term growth potential in the stock market.
If you have enjoyed reading, spread the word:
Good prospects:
Companies with the best and the worst fundamentals.
Latest Regulatory Filings for NSE500
Companies with the best and the worst technicals.
SEBI's New Gateway Is Rewiring Foreign Investment in India
Why Japan Backs India’s Truckers
India's $69B Eurasian Trade Power Play