JM Financial Ltd

JM Financial Ltd Reports Robust Growth Across Segments 📈 — Wealth, Asset Mgmt & Affordable Loans Shine

- Wealth Management branches expanded to 72 (+10 YoY), franchisees to 874.

- Affordable Home Loans customer base surpassed 33,000; revenue up 25%, operating profit +45%.

- Private Markets targets ₹250-300 crores annually for FY27/28; achieved ₹270 crores recovery in FY26.

- Group consolidated PAT rose 46% YoY to ₹1,202 crores (ROE: 11.7%).

- Asset Management revenue grew 38%; FY26 management fees up 65% to ~₹44 crores.

- CACM segment revenue up 26% over 2 years to ₹946 crores; operating margin at 48%.

- IPO pipeline: ₹140,000 crores (market volatility impacts execution).

- Dividend payout: ₹5.95/share (~₹570 crores total) last 4 quarters.

- Affordable Home Loans branch network expanded to 151; gross NPA at 0.5%.

- Wealth Mgmt recurring AUM at ₹31,000 crores (29% of total).

- Private Markets PBT grew 3.5x to ₹742 crores.