StockWatch
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Investment Company
Quarterly Updates29 May 2026, 07:52 pm

JM Financial FY26 PAT Up 46% YoY to ₹1,202 Cr, Dividend ₹1.75/Share

AI Summary

JM Financial reported its highest-ever annual consolidated PAT of ₹1,202 crore for FY26, a 46% YoY increase. The company proposed a final dividend of ₹1.75 per share, bringing the total dividend to ₹3.25 per share for FY26. Key highlights include a 10% YoY increase in fees, commission, and brokerage income to ₹1,753 crore, and a 30% YoY increase in wealth management sales and wealth RMs headcount. The company also reported strong growth in its affordable home loans business and maintained its #1 position in IPOs.

Key Highlights

  • FY26 PAT increased by 46% YoY to ₹1,202 crore; RoE at ~12%.
  • Fees, commission and brokerage income increased by 10% YoY to ₹1,753 crore.
  • Total dividend increased to ₹3.25 per share for FY26.
  • Wealth management sales headcount increased by 30% YoY.
  • Affordable Home Loans PAT increased by 45% to ₹74 crore.