Financials JM Financial Limited

Equities

JMFINANCIL

INE780C01023

Investment Banking & Brokerage Services

Market Closed - Bombay S.E. 06:00:53 2024-07-16 am EDT 5-day change 1st Jan Change
99.64 INR +4.85% Intraday chart for JM Financial Limited +3.63% +1.29%

Valuation

Fiscal Period: March 2019 2020 2021 2022 2023 2024
Capitalization 1 78,912 54,133 80,505 64,542 56,887 71,249
Enterprise Value (EV) 1 152,940 101,998 109,244 121,328 139,590 142,918
P/E ratio 13.8 x 9.98 x 13.4 x 8.36 x 9.53 x 17.4 x
Yield 1.06% 0.31% 0.59% 2.44% 3.02% 2.68%
Capitalization / Revenue 3.73 x 2.89 x 4.88 x 2.74 x 2.75 x 2.66 x
EV / Revenue 7.23 x 5.44 x 6.63 x 5.16 x 6.74 x 5.33 x
EV / EBITDA - - - - - -
EV / FCF - - - - - -
FCF Yield - - - - - -
Price to Book 1.54 x 0.96 x 1.15 x 0.84 x 0.7 x 0.84 x
Nbr of stocks (in thousands) 839,931 841,225 952,723 954,056 954,804 955,593
Reference price 2 93.95 64.35 84.50 67.65 59.58 74.56
Announcement Date 6/19/19 6/9/20 6/29/21 7/1/22 7/7/23 7/11/24
1INR in Million2INR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2019 2020 2021 2022 2023 2024
Net sales 1 21,159 18,752 16,488 23,520 20,697 26,816
EBITDA - - - - - -
EBIT - - - - - -
Operating Margin - - - - - -
Earnings before Tax (EBT) 1 12,834 10,939 10,690 13,481 9,528 3,566
Net income 1 5,722 5,450 5,901 7,732 5,973 4,098
Net margin 27.04% 29.06% 35.79% 32.87% 28.86% 15.28%
EPS 2 6.790 6.450 6.320 8.090 6.250 4.290
Free Cash Flow - - - - - -
FCF margin - - - - - -
FCF Conversion (EBITDA) - - - - - -
FCF Conversion (Net income) - - - - - -
Dividend per Share 2 1.000 0.2000 0.5000 1.650 1.800 2.000
Announcement Date 6/19/19 6/9/20 6/29/21 7/1/22 7/7/23 7/11/24
1INR in Million2INR
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: March 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3
Net sales - - - - -
EBITDA - - - - -
EBIT 1 4,242 3,720 2,915 3,471 3,640
Operating Margin - - - - -
Earnings before Tax (EBT) 1 3,487 3,216 2,592 3,178 3,216
Net income 1 2,168 1,788 1,700 1,800 1,902
Net margin - - - - -
EPS - - - - -
Dividend per Share - - - - -
Announcement Date 2/7/22 5/24/22 8/2/22 11/14/22 2/10/23
1INR in Million
Estimates

Balance Sheet Analysis

Fiscal Period: March 2019 2020 2021 2022 2023 2024
Net Debt 1 74,028 47,865 28,739 56,786 82,703 71,669
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow - - - - - -
ROE (net income / shareholders' equity) 11.8% 9.79% 9.08% 9.78% 6.48% 0.28%
ROA (Net income/ Total Assets) 3.73% 3.59% 3.66% 4.02% 2.57% 0.1%
Assets 1 153,264 151,966 161,091 192,161 232,454 3,940,769
Book Value Per Share 2 61.10 67.00 73.50 80.60 85.20 88.90
Cash Flow per Share 2 15.30 9.630 8.670 13.20 5.620 23.50
Capex 1 210 99.6 63.6 170 1,245 537
Capex / Sales 0.99% 0.53% 0.39% 0.72% 6.02% 2%
Announcement Date 6/19/19 6/9/20 6/29/21 7/1/22 7/7/23 7/11/24
1INR in Million2INR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Annual profits - Rate of surprise

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