# Jio Financial share price today (Jio Financial Services Ltd, NSE: JIOFIN)

> Jio Financial share price today: ₹214.27 at the NSE close on 3 November 2026, down 30.2% in a year. Jio Financial Services (NSE: JIOFIN) is worth ₹1,41,832 crore, trades at a P/BV of 1.1 and has closed between ₹204.50 and ₹314.90 over the past 52 weeks. > Jio Financial Services Ltd's P/BV is near the low end of its own history, higher than only 4% of past readings, and its quarterly results are still getting worse. JIOFIN · Conglomerate Backed NBFC · data as of 3 November 2026. Page: https://www.sectoralpha.in/stocks/jio-financial-services-ltd

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## Key numbers

- Business trend: Mixed, from fewer quarters than usual
- Price: ₹214.27 (−30.2% in a year)
- P/BV: 1.1× (lower than 96% of the last 3 years)
- Revenue (Sep 2026): ₹1,699 Cr (+73.2% on a year ago)
- Profit (Sep 2026): ₹340 Cr (−51.1% on a year ago)
- Net margin: 20.0% (−50.8 points on a year ago)
- ROE: 1%, FY26
- ROA: 1.02%, latest

The main question: yearly earnings per share moved −3.1% while the share price moved −30.2%. ## What is the Jio Financial share price today? Jio Financial Services Ltd's share price was ₹214.27 at the close on 3 November 2026. It has been falling for 41 weeks. That is 12.1% below its average price over the last 200 trading days. In the last 52 weeks it traded between ₹205 and ₹315, and at that close it sat 9% of the way up from that low. Over the past 13 weeks it has done worse than the NIFTY 500, and it has been behind for 13 weeks running. Over the last 3.2 years the share price moved +0% while the NIFTY 500 moved +29%, so it is behind the index over that whole period. It was last ahead over 13 weeks in the week of 14 August 2026. The chart above shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What changed at Jio Financial this quarter? Two changes stood out: revenue up on a year earlier for 10 quarters in a row (every quarter we can compare) and foreign funds (FIIs) cut their stake for 3 quarters in a row. 1. Revenue up on a year earlier for 10 quarters in a row (every quarter we can compare) In the September 2026 quarter revenue was ₹1,699 crore, +73.2% on a year earlier. Why: Revenue rose because its lending business made more money as it gave out many more loans backed by assets, while keeping to strict risk rules. Next results: check whether the first Bank of America investment into Jio Credit is approved. From the earnings call on 15 Oct 2026. 2. Foreign funds (FIIs) cut their stake for 3 quarters in a row From 12.3% to 10.7% of the company by the September 2026 quarter. ## What are Jio Financial's latest quarterly results? For July to September 2026 (the quarter ended 30 September 2026), Jio Financial reported total income of ₹1,699 crore, up 73.2% from ₹981 crore a year earlier, and a profit of ₹340 crore, down 51.1% from ₹695 crore. ### Jio Financial results: July to September 2026 against a year earlier

| Measure | July to September 2026 | July to September 2025 | Change |
| --- | --- | --- | --- |
| Total income | ₹1,699 crore | ₹981 crore | +73.2% |
| Profit | ₹340 crore | ₹695 crore | −51.1% |
| Earnings per share | ₹0.52 | ₹1.09 | −52.3% |
| Net margin | 20.0% | 70.8% | −50.8 points |

The next results, for October to December 2026, are due by 14 February 2027: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter). Jio Financial's management discussed these results on a call held on 15 October 2026; what it said is further down this page. (From the company's reported quarterly results (quarter ended 30 September 2026). Income and profit in ₹ crore.)

## What is the Jio Financial share price history? Jio Financial closed at ₹214.27 on 3 November 2026, down 30.2% from ₹306.80 a year earlier (31 October 2025) and down 2.2% over three years. Its highest weekly close since August 2023 was ₹381.75 on 26 April 2024. ### Jio Financial share price: then and now

| When | Close | Change to 3 Nov 2026 |
| --- | --- | --- |
| 1 week ago · 23 Oct 2026 | ₹205.03 | +4.5% |
| 1 month ago · 1 Oct 2026 | ₹212.50 | +0.8% |
| 6 months ago · 30 Apr 2026 | ₹246.37 | −13.0% |
| 1 year ago · 31 Oct 2025 | ₹306.80 | −30.2% |
| 3 years ago · 3 Nov 2023 | ₹219.05 | −2.2% |
| Earliest weekly close in our records · 25 Aug 2023 | ₹214.50 | −0.1% |
| Highest weekly close since August 2023 · 26 Apr 2024 | ₹381.75 | −43.9% |
| Lowest weekly close since August 2023, also the 52-week low · 30 Oct 2026 | ₹204.50 | +4.8% |
| 52-week high (weekly close) · 14 Nov 2025 | ₹314.90 | −32.0% |

Weekly closing prices. Each change is the move from that price to the 3 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes. (172 weekly closes from 25 August 2023 to 3 November 2026.)

## What is the latest news on Jio Financial? 3 Nov 2026: Jio Financial closed at ₹214.27, up 4.5% on the week and up 0.8% on the month. 15 Oct 2026: Jio Financial held its results call for July to September 2026. Management guided: BofA infusion around ₹18,000 crore total with around ₹9,500 crore first tranche into Jio Credit pending approvals. ### Earlier

- Results for July to September 2026: Total income up 73.2% and profit down 51.1% on a year earlier. - 10 Aug 2026: ex-date for a dividend of ₹0.60 a share. ## What dividend does Jio Financial pay? Jio Financial paid ₹0.60 a share in regular dividends in the 12 months to 4 November 2026 (1 payment), a yield of 0.28% at the ₹214.27 close on 3 November 2026. The last was a dividend of ₹0.60 a share, ex-date 10 August 2026. ### Jio Financial dividends since 1 April 2021

| Ex-date | Dividend per share | Type |
| --- | --- | --- |
| 10 Aug 2026 | ₹0.60 | Dividend |
| 11 Aug 2025 | ₹0.50 | Dividend |

Amounts as the company declared them on the NSE. A dividend goes to whoever owns the shares before the ex-date. The record date is the same day as the ex-date for every payment here. 1 of 5 Of the last 5 financial years, years with an NSE dividend record

Yes. Jio Financial Services Ltd paid out 24% of its profit as dividends in FY26, and it paid a dividend in 2 of its last 4 reported years. (From the NSE corporate-actions record, read 4 November 2026.)

## What did Jio Financial management say on the latest results call? On the call for July to September 2026, held on 15 October 2026, Jio Financial's management guided: BofA infusion around ₹18,000 crore total with around ₹9,500 crore first tranche into Jio Credit pending approvals. > “Going forward, the moat in financial services is going to be owning the customer's decision-making process. That moat has to be built over time with features that keep users engaged and guide them towards financial well-being with trust, transparency, and security.”
> Ganesh AR, on the call for July to September 2026

### What management guided

- Advantage World Equity Fund launch in current quarter through GIFT City entity. - Jio Allianz General Insurance operations commencement pending approvals in advanced stages. Management’s own plans and goals, from our notes of the call. A plan is not a result. Source: [the call transcript](https://files.tijorifinance.com/insight/india/57010/Conference Call/CC-Oct26.pdf). (From the call for July to September 2026, 15 October 2026.)

## What to watch in Jio Financial's next results? When Jio Financial reports October to December 2026, these are the 3 checks that show whether the story is still on course. First: Lending disbursement pace sustaining at flagged all-time-high level on secured mix with stable funding cost - per risk-calibrated commentary. - What to check (from the call)
- Lending disbursement pace sustaining at flagged all-time-high level on secured mix with stable funding cost - per risk-calibrated commentary. - Advantage World Equity Fund flagged launch plus maiden specialised-fund scale - per GIFT City approval. - General-insurance operations commencement and life-JV definitive progress - per advanced-stage and non-binding update. ## Which stock lists is Jio Financial on? Jio Financial is on 2 of our India lists: Nifty 50 companies and 52 week high & low. - [Nifty 50 companies](https://www.sectoralpha.in/nifty-50-stocks-list)
- [52 week high & low 52-week position: At 52-week low](https://www.sectoralpha.in/52-week-high-stocks-india)

## Is Jio Financial profitable? Jio Financial Services Ltd earned ₹340 Cr of net profit in the Sep 2026 quarter, −51.1% on the same quarter a year earlier. Full-year FY26 profit was ₹1,561 Cr. Over 3 years profit has grown 269.3% a year on average. That is 20.0% of the quarter's revenue. The same quarter a year earlier earned ₹695 Cr. For the full year, FY26 profit was ₹1,561 Cr (−3.2% on the year before). Why profit moved: revenue changed +73.2% on a year earlier and the margin moved −50.8 percentage points. Sales did the work while the margin got thinner. On average over the last four quarters, profit changed +20.4% and revenue +128.3%. Profit is growing slower than sales: rising costs are taking part of the growth. ## How much revenue does Jio Financial make, and is it growing? Jio Financial Services Ltd reported ₹1,699 Cr of income in the Sep 2026 quarter, +73.2% on the same quarter a year earlier. That is the 10th quarter in a row with growth on the year before. Over 3 years it has grown 327.7% a year on average. The last full year, FY26, came in at ₹3,521 Cr. The last four reported quarters add to ₹5,623 Cr. FY26 revenue was ₹3,521 Cr, +72.3% on the year before. Recent pace: the last four quarters grew +128.3% on average, against 327.7% a year over the longer run, so this year is growing slower than its own long-run rate. Is growth speeding up? Revenue over the last 12 months grew +122.8%, against +70.1% a year over the last 8 quarters (accelerating); profit over the last 12 months grew +4.9%, against +3.2% a year (stabilising). ## How much does Jio Financial keep from what it earns? Jio Financial Services Ltd's net margin was 20.0% in the Sep 2026 quarter, 50.8 percentage points lower than the same quarter a year ago. Across 4 years it has been between 44.3% and 86.5%. The latest quarter is below every full year in that period. Why: the net margin move is clear, but the cost details behind it are not in our data, so we show the move without guessing the reason. ## How many of Jio Financial's loans have gone bad? Jio Financial Services Ltd does not report loan-quality figures this page can read, so this section says so rather than guess. No bad-loan figures are filed in a form this page can read, and none are guessed from the profit line. The income, margin and return sections carry what this business does report. Why: loan quality drives a lender, but its details (new bad loans, recoveries, money set aside) are not in our data for this company. The sections around this one carry what we can back up. ## How fast is Jio Financial's loan book growing? Jio Financial Services Ltd's revenue was ₹3,521 Cr in FY26, +72.3% on the year before, so the loan book is growing. The latest quarter was +73.2% on a year earlier. The net margin on that income is 20.0%, −50.8 percentage points on a year ago. Interest income stands in for the size of the loan book; changes in interest rates can move it a few points in any year. In short: a lender grows well when its loan book grows, its margin stays steady and its loans stay clean. Gross NPA is the loan-quality figure this page uses. ## What is Jio Financial's P/BV ratio, and how does it compare with its own history? Jio Financial Services Ltd's P/BV is 1.1×, near the low end of its own history: it has been lower only 4% of the time. Its usual P/BV (the middle reading) is 1.3×, over 3 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth. Why the multiple is low: this lender earns about 1% a year on its equity. A lender that earns less on its net worth is valued lower for each rupee of it, and that gap usually closes only if returns improve. Why the multiple is where it is: over the past year book value grew while the price moved −30.2%. Price and book value moved together, so the multiple stayed in its range. Where the price move came from: over 3 years the price moved −0.7% a year; about +3.3% a year came from book-value growth and about −4.0 percentage points from the multiple (the market paying less). The split is approximate (price return minus book-value growth). It shows how much of the move came from the market paying a different multiple. In short: the multiple is low against its own past, so the book value trend underneath matters more than the multiple. ## Is the Jio Financial business getting better or worse? Jio Financial Services Ltd's business is giving mixed signals. There is no clear direction across the growth lines, with ROE steady at 1.3%; each line tells part of the story. This is based on 10 quarters of 3 measures, with some gaps. Why it matters: when the lines disagree, each line above matters more than any single label. One or more growth lines have an extreme jump caused by comparing with a near-zero or loss-making quarter. Those jumps are capped before reading and drawn at the edge of the chart, so one odd quarter does not decide the result. This reading has some gaps: at least one line is short, or the return line is not the quarterly series, so treat it with a little more caution. ## How much does Jio Financial earn on its equity and assets? We do not have a clean yearly return-on-equity history for Jio Financial Services Ltd. For an insurer in particular, the usual bank ratios do not fit, so this page does not force them or estimate a series. The revenue, margin and ownership sections show what this company does report. ## Does Jio Financial have too much debt? For a bank, borrowing is the raw material of the business, not a warning sign: it borrows money in order to lend it out. Its safety is read through its returns and its loans. Its safety is read from the bad-loan figures and the return on equity instead. For a manufacturer, debt is a claim on its profits. For a lender it is the stock it trades in, so the usual debt-to-equity test would mislead and is not used here. ## What is the Jio Financial shareholding pattern? Foreign institutions cut their stake in Jio Financial Services Ltd by 5.0 percentage points over 8 quarters, the biggest change among its owners. Foreign institutions now own 10.7% of the company. Promoters moved +2.0 points over the same period, to 49.1%. This uses the four owner groups that companies report every quarter; nothing is guessed between filings. Over the last two years: Foreign institutions: −5.0 points over 8 quarters, to 10.7%; Promoters: +2.0 points over 8 quarters, to 49.1%; Domestic institutions: +0.8 points over 8 quarters, to 13.3%. Why the owners changed: foreign institutions drove it (−5.0 points), with the other side taken by promoters (+2.0 points). They reduced their stake. ## How far is Jio Financial from balance-sheet trouble? For Jio Financial Services Ltd, the Z-score is not used, because it was built for manufacturers, not lenders. For a lender, safety is read from its capital and bad-loan figures instead. ## How does Jio Financial rank in its industry? 31.4 out of 100, rank 9 of 9 in Conglomerate Backed NBFC, with 73% of the evidence available. Jio Financial Services Ltd scores 31.4 out of 100 against the 9 companies it is compared with in Conglomerate Backed NBFC, ranking 9. The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. The four parts add up to the total exactly: 13.2 + 6.5 + 3.8 + 7.9 = 31.4. This is the same number shown on the industry page; it is worked out once for the whole group and read here. What would change it: The score would fall if ROA turns down or gross NPA rises while the share price lags its sector. ## Which companies is Jio Financial compared with? Jio Financial ranks 9 of 9 Conglomerate Backed NBFC companies on the 4-Factor Sector Score, with 31.4 out of 100. 1. [Cholamandalam Investment & Finance Company Ltd](https://www.sectoralpha.in/stocks/cholamandalam-investment-finance-company-ltd) CHOLAFIN · quiet · Evidence leans up · 88% evidence 63.0 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 23.4/35 · Income 20.7% · Profit 33.9% · 86% evidence Capital efficiency 19.9/25 · ROA 2.3% · ROE 19.4% · GNPA n/a · 72% evidence Valuation 10.4/20 · P/BV 3.93× · P/BV÷ROE 0.2 · 100% evidence Relative strength 9.3/20 · Lead over its industry 3% · Lead over NIFTY 500 -0.3% · 1 year -6.5% · 100% evidence · 6 of 12 weeks ahead Exact sum: 23.4 + 19.9 + 10.4 + 9.3 = 63 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 2. [Poonawalla Fincorp Ltd](https://www.sectoralpha.in/stocks/poonawalla-fincorp-ltd) POONAWALLA · turning · Evidence leans up · 79% evidence 62.1 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 27.4/35 · Income 75% · Profit 100% · 62% evidence Capital efficiency 10.8/25 · ROA 1.8% · ROE 5.9% · GNPA n/a · 68% evidence Valuation 3.9/20 · P/BV 2.96× · P/BV÷ROE 0.51 · 100% evidence Relative strength 20.0/20 · Lead over its industry 12.8% · Lead over NIFTY 500 9.2% · 1 year -4.2% · 100% evidence · 8 of 12 weeks ahead Exact sum: 27.4 + 10.8 + 3.9 + 20 = 62.1 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 3. [Aditya Birla Capital Ltd](https://www.sectoralpha.in/stocks/aditya-birla-capital-ltd) ABCAPITAL · quiet · Evidence leans up · 88% evidence 60.3 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 23.7/35 · Income 23.8% · Profit 34% · 86% evidence Capital efficiency 10.9/25 · ROA 1.2% · ROE 12% · GNPA n/a · 72% evidence Valuation 8.8/20 · P/BV 2.37× · P/BV÷ROE 0.2 · 100% evidence Relative strength 16.9/20 · Lead over its industry 10.6% · Lead over NIFTY 500 7% · 1 year 14% · 100% evidence · 7 of 12 weeks ahead Exact sum: 23.7 + 10.9 + 8.8 + 16.9 = 60.3 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 4. [Bajaj Finance Ltd](https://www.sectoralpha.in/stocks/bajaj-finance-ltd) BAJFINANCE · quiet · Evidence leans up · 100% evidence 57.5 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 14.7/35 · Income 19.1% · Profit 18.9% · 100% evidence Capital efficiency 23.8/25 · ROA 3.5% · ROE 18.2% · GNPA 1.1% · 100% evidence Valuation 8.8/20 · P/BV 4.74× · P/BV÷ROE 0.26 · 100% evidence Relative strength 10.2/20 · Lead over its industry 4% · Lead over NIFTY 500 0.7% · 1 year -9.9% · 100% evidence · 7 of 12 weeks ahead Exact sum: 14.7 + 23.8 + 8.8 + 10.2 = 57.5 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 5. [HDB Financial Services Ltd](https://www.sectoralpha.in/stocks/hdb-financial-services-ltd) HDBFS · quiet · Evidence leans up · 72% evidence 57.3 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 20.5/35 · Income 11.2% · Profit 37.5% · 100% evidence Capital efficiency 17.9/25 · ROA 2.3% · ROE 13.9% · GNPA n/a · 72% evidence Valuation 11.4/20 · P/BV 1.87× · P/BV÷ROE 0.14 · 70% evidence Relative strength 7.5/20 · Lead over its industry n/a · Lead over NIFTY 500 -23.3% · 1 year -31.8% · 25% evidence · 2 of 12 weeks ahead Exact sum: 20.5 + 17.9 + 11.4 + 7.5 = 57.3 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 6. [Tata Capital Ltd](https://www.sectoralpha.in/stocks/tata-capital-ltd) TATACAP · quiet · Too little evidence to rank firmly · 58% evidence 51.4 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 18.4/35 · Income 14.4% · Profit 47% · 62% evidence Capital efficiency 15.1/25 · ROA 2.1% · ROE 12.4% · GNPA n/a · 68% evidence Valuation 8.4/20 · P/BV 2.78× · P/BV÷ROE 0.22 · 70% evidence Relative strength 9.5/20 · Lead over its industry n/a · Lead over NIFTY 500 -0.5% · 1 year -2.3% · 25% evidence · 5 of 12 weeks ahead Exact sum: 18.4 + 15.1 + 8.4 + 9.5 = 51.4 · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose. 7. [Piramal Finance Ltd](https://www.sectoralpha.in/stocks/piramal-finance-ltd) PIRAMALFIN · quiet · Evidence leans down · 69% evidence 47.2 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 23.0/35 · Income 19.4% · Profit 100% · 52% evidence Capital efficiency 8.6/25 · ROA 1.7% · ROE 0.9% · GNPA n/a · 68% evidence Valuation 3.2/20 · P/BV 1.39× · P/BV÷ROE 1.62 · 100% evidence Relative strength 12.4/20 · Lead over its industry 4% · Lead over NIFTY 500 0.6% · 1 year 37.3% · 70% evidence · 7 of 12 weeks ahead Exact sum: 23 + 8.6 + 3.2 + 12.4 = 47.2 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 8. [L&T Finance Ltd](https://www.sectoralpha.in/stocks/l-t-finance-ltd) LTF · quiet · Evidence leans down · 88% evidence 45.1 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 19.7/35 · Income 19.9% · Profit 27.4% · 86% evidence Capital efficiency 14.6/25 · ROA 2.2% · ROE 11.2% · GNPA n/a · 72% evidence Valuation 10.0/20 · P/BV 2.09× · P/BV÷ROE 0.19 · 100% evidence Relative strength 0.8/20 · Lead over its industry -8.3% · Lead over NIFTY 500 -11.3% · 1 year -9.6% · 100% evidence · 6 of 12 weeks ahead Exact sum: 19.7 + 14.6 + 10 + 0.8 = 45.1 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 9. Jio Financial Services Ltd this page JIOFIN · quiet · Most evidence points down · 73% evidence 31.4 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 13.2/35 · Income 100% · Profit 4.9% · 86% evidence Capital efficiency 6.5/25 · ROA 0.9% · ROE 1.2% · GNPA n/a · 72% evidence Valuation 3.8/20 · P/BV 1.04× · P/BV÷ROE 0.87 · 100% evidence Relative strength 7.9/20 · Lead over its industry n/a · Lead over NIFTY 500 -14.6% · 1 year -33.3% · 25% evidence · 0 of 12 weeks ahead Exact sum: 13.2 + 6.5 + 3.8 + 7.9 = 31.4 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. Financial companies use P/BV÷ROE and asset quality; PEG, industrial OPM and ROCE are excluded. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led NIFTY 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read. The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section. Related companies: [Conglomerate Backed NBFC](https://www.sectoralpha.in/sectors/conglomerate-backed-nbfc), all 9 compared on one page. ## Which companies are close to Jio Financial in size? Jio Financial is the 4th largest of 9 Conglomerate Backed NBFC companies on Sector Alpha by market value (scores of 30 October 2026). Just above it: Bajaj Finance, Tata Capital and Cholamandalam Investment & Finance Company. Just below it: Aditya Birla Capital, L&T Finance and Piramal Finance. ### Conglomerate Backed NBFC companies close in size

1. [Bajaj Finance Ltd](https://www.sectoralpha.in/stocks/bajaj-finance-ltd) ₹5,84,679 crore
2. [Tata Capital Ltd](https://www.sectoralpha.in/stocks/tata-capital-ltd) ₹1,35,793 crore
3. [Cholamandalam Investment & Finance Company Ltd](https://www.sectoralpha.in/stocks/cholamandalam-investment-finance-company-ltd) ₹1,35,517 crore
4. Jio Financial Services Ltd ₹1,35,034 crore
5. [Aditya Birla Capital Ltd](https://www.sectoralpha.in/stocks/aditya-birla-capital-ltd) ₹1,01,156 crore
6. [L&T Finance Ltd](https://www.sectoralpha.in/stocks/l-t-finance-ltd) ₹61,256 crore
7. [Piramal Finance Ltd](https://www.sectoralpha.in/stocks/piramal-finance-ltd) ₹42,996 crore

[All 9 Conglomerate Backed NBFC companies, largest first](https://www.sectoralpha.in/sectors/conglomerate-backed-nbfc#all-companies)

### Companies close in size in other industries

1. [Tata Capital Ltd](https://www.sectoralpha.in/stocks/tata-capital-ltd) ₹1,35,793 crore · Conglomerate Backed NBFC
2. [Cholamandalam Investment & Finance Company Ltd](https://www.sectoralpha.in/stocks/cholamandalam-investment-finance-company-ltd) ₹1,35,517 crore · Conglomerate Backed NBFC
3. Jio Financial Services Ltd ₹1,35,034 crore
4. [Bharat Heavy Electricals Ltd](https://www.sectoralpha.in/stocks/bharat-heavy-electricals-ltd) ₹1,34,965 crore · Capital Goods - Engineering Heavy
5. [ICICI Prudential Asset Management Co Ltd](https://www.sectoralpha.in/stocks/icici-prudential-asset-management-co-ltd) ₹1,33,791 crore · Finance - AMC

## What else do people ask about Jio Financial? ### What is Jio Financial's share price today? Jio Financial Services Ltd's share price is ₹214.27, −30.2% over the past year. The whole company is worth ₹1,41,832 Cr on the market. In the last 52 weeks it traded between ₹205 to ₹315; today it is 9% of the way up from the low, 12.1% below its 200-day average (as of 3 November 2026). ### What were Jio Financial's latest quarterly results? Jio Financial Services Ltd reported total income of ₹1,699 Cr and net profit of ₹340 Cr for the Sep 2026 quarter. Income rose 73.2% and profit fell 51.1% compared with a year earlier. Earnings per share were ₹0.52 (as of 3 November 2026). ### What is Jio Financial's market cap? Jio Financial Services Ltd's market capitalisation is ₹1,41,832 Cr at a share price of ₹214.27. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 3 November 2026). ### How is Jio Financial performing? Jio Financial Services Ltd's share price has been falling for 41 weeks. In its latest quarter, income rose 73.2% and profit fell 51.1% compared with a year earlier. Over the past 13 weeks it has done worse than the NIFTY 500, for 13 weeks running (as of 3 November 2026). ### Will Jio Financial's share price go up? This page does not forecast Jio Financial Services Ltd's share price. What it shows instead: the share price is ₹214.27, and it has been falling for 41 weeks. Its P/BV of 1.1× is higher than 4% of its own last 3 years (as of 3 November 2026). ### Who owns Jio Financial? Promoters own 49.1% of Jio Financial Services Ltd, foreign institutions 10.7%, domestic institutions 13.3% and the public 26.7% (latest quarter). The biggest change over the last two years: Foreign institutions cut their stake by 5.0 percentage points over 8 quarters (as of 3 November 2026). ### Where is Jio Financial in its business cycle? Jio Financial Services Ltd's FY26 net margin was 44.3%, against a 4-year range of 44.3% to 86.5%: the low end of its own range, which is often where recoveries start. The latest quarter was 20.0%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 3 November 2026). ### What could break the Jio Financial story? The main question: yearly earnings per share moved −3.1% while the share price moved −30.2%. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 3 November 2026). ### Is Jio Financial a stock worth studying right now? What the numbers show: Jio Financial Services Ltd's P/BV is near the low end of its own history, higher than only 4% of past readings, and its quarterly results are still getting worse. The main open question: whether the price catches up with earnings that have already grown. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 3 November 2026). ### Is there a Jio Financial share price forecast for 2026? What management itself guided: BofA infusion around ₹18,000 crore total with around ₹9,500 crore first tranche into Jio Credit pending approvals. ## Lists

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