| Metric | Value (₹ Cr) | vs Q1 FY26 |
|---|---|---|
| Revenue | 1.0K | 7.2% |
| Total Income | 1.0K | 6.9% |
| Expenditure | 699.89 | 32.4% |
| PBT | 344.39 | 41.9% |
| Net Profit | 261.89 | 42.9% |
| OPM | 58.65% | 17.85pp |
| NPM | 25.08% | 15.84pp |
| EPS | 2.82 | 40.6% |
JM Financial Reports Q2FY26 Results: PAT at Rs. 270 crore, 16% YoY Increase; Interim Dividend of Rs. 1.5 per Share Declared
06 Nov 2025 · 6 Nov 2025, 05:51 pm
Summary
JM Financial Ltd. has announced its unaudited financial results for the second quarter and half year ended September 30, 2025. The company reported a YoY increase of 16% in Profit After Tax (PAT) at Rs. 270 crore. The highest-ever quarterly fees and commission income was at Rs. 341 Cr, increased by 20% YoY. Wealth management expansion is on track with a 43% YoY increase in sales and wealth RMs headcount to 1,015 and a 26% YoY increase in recurring AUM to Rs. 32,021 crore. Mutual Fund Average AUM increased by 30% YoY to Rs. 14,902 crore and SIP flow of ~Rs. 115 crore per month (YoY increase of 59%). Affordable Home Loans AUM increased by 28% YoY to Rs. 3,031 crore and customer base has increased by 39% YoY to ~29,000.
Key Highlights
- 1
Highest-ever quarterly fees and commission income at Rs. 341 Cr, increased by 20% YoY
- 2
PAT increased by 16% YoY to Rs. 270 crore
- 3
Wealth management expansion on track; Sales and wealth RMs headcount increased by 43% YoY to 1,015, addition of 11 branches YoY; recurring AUM up 26% YoY to Rs. 32,021 crore
- 4
Mutual Fund Average AUM increased by 30% YoY to Rs. 14,902 crore, SIP flow of ~Rs. 115 crore per month (YoY increase of 59%)
- 5
Affordable Home Loans AUM increased by 28% YoY to Rs. 3,031 crore; customer base has increased by 39% YoY to ~29,000
- 6
#1in IPOs (in terms of value), closed 15 capital market transactions amounting to ~Rs. 28,000 Cr in Q2FY26
- 7
Pipeline of transactions is very strong, 56 filed IPO transactions aggregating to ~Rs. 120,000 crore
Management Comments
Mr. Vishal Kampani
We are extremely excited to report another quarter of strong performance. We are significantly expanding our base as we execute our strategies on recruiting top talent, adding clients, expanding network including physical and digital infrastructure. The pipeline of transactions in corporate advisory and capital markets is extremely robust. We have crossed an important milestone of 1,000 sales people in our wealth management business. Our pipeline of mandates for syndication transactions is witnessing momentum. Our affordable home loans business has now expanded to 134 branches and reported a strong 28% YoY growth in AUM and a 39% YoY growth in customers.
Informational and educational content only. Not investment advice.