| Metric | Value (₹ Cr) | vs Q4 FY25 |
|---|---|---|
| Revenue | 1.1K | 10.7% |
| Total Income | 1.1K | 9.2% |
| Expenditure | 528.67 | 26.1% |
| PBT | 592.56 | 90.3% |
| Net Profit | 458.77 | 95.2% |
| OPM | 76.50% | 18.92pp |
| NPM | 40.92% | 18.04pp |
| EPS | 4.75 | 116.9% |
JM Financial Reports Highest Ever Quarterly Operating PAT with 166% YoY Increase for Q1FY26
11 Aug 2025 · 11 Aug 2025, 02:02 pm
Summary
JM Financial Ltd. has reported its highest ever quarterly operating PAT at Rs. 454 crore, which is a 166% YoY increase for Q1FY26. The net worth has crossed Rs.10,000 crore. The company has seen a net revenue increase of 22% YoY to Rs. 779 crore and a pre-provisioning operating profit increase of 22% YoY to Rs. 389 crore. The real estate loan book has declined by 56% YoY to Rs. 2,063 crore. The company has a strong execution in wealth management expansion with a YoY addition of 13 branches and a 45% YoY increase in sales and wealth RMs headcount to 947. The mutual fund AUM has increased by 49% YoY to Rs.13,901 crore and the affordable home loans AUM has increased by 29% YoY to Rs.2,911 crore. The company is #1 in Equity Capital Markets in Q1IFY26 with 10 marquee transactions.
Key Highlights
- 1
Highest ever operating PAT at Rs. 454 crore (YoY increase of 166%)
- 2
Net worth has crossed Rs.10,000 crore
- 3
Net revenue increase of 22% YoY to Rs. 779 crore
- 4
Pre-Provisioning operating profit increase of 22% YoY to Rs. 389 crore
- 5
Real estate loan book declined 56% YoY to Rs. 2,063 crore
- 6
Over last 12 months JM Financial Asset Reconstruction Company Limited’s share of recoveries stood at Rs.1,368 crore
- 7
Borrowing has reduced by ~Rs. 4,300 crore in the last one year
- 8
Increased shareholding in JM Financial Credit Solutions (JMFCSL) to 100%
- 9
Strong execution in wealth management expansion - YoY addition of 13 branches, sales and wealth RMs headcount has increased by 45% YoY to 947
- 10
Mutual Fund AUM increase of 49% YoY to Rs.13,901 crore, SIP flow of ~Rs. 120 crore per month
- 11
Affordable Home Loans AUM increase of 29% YoY to Rs.2,911 crore
- 12
#1 in Equity Capital Markets in Q1IFY26 with 10 marquee transactions
Management Comments
Mr. Vishal Kampani
Vice Chairman and Managing Director, JM Financial Limited
We are extremely excited by the strong momentum across all our business verticals. Our performance is backed by decisive execution, be it in attracting top talent, adding marquee clients, or expanding our physical and digital presence. The transaction pipeline remains robust across businesses, reflecting our deep market engagement. In real estate loans and distressed credit, our focused recovery strategies have delivered strong results, and we remain committed to driving similar outcomes, going forward. The transaction with Bajaj Life Insurance Company Limited has created a benchmark valuation of over Rs. 3,000 crore for the home loans business which has been built bottoms up over the last 7 years. An extremely strong QIFY26 operating profit after tax of Rs. 454 crore has given very high visibility towards improving return on equity.
Informational and educational content only. Not investment advice.