Fundamentals scanner
Every ratio from the Fundamental Analysis track, computed on a real company and annotated with what the number actually means. Then the three financial statements, so you can do the cash-flow check yourself.
Jio Financial Services
Financial ServicesBullish- Market cap
- ₹1,64,451 Cr
- P/E
- 77.6x
- ROE
- —
- Debt / equity
- 0.16
What the company does
Jio Financial Services Limited, through its subsidiaries, engages in the business of investing and financing, insurance broking, payment bank and payment aggregator, and payment gateway services in India. The company provides loans, savings accounts, recharges, digital insurance, financial tracking, management tools, digital banking, unified payments interface transactions, bill payments, and insurance advisory; and asset and wealth management, and broking services, as well as operating lease solutions to consumers and businesses through a Device-as-a-Service model. It also provides insurance broking services, such as car, bike, health, term, investment, SMEs, MSMEs, property, cyber risk, commercial lines, corporate, and education. In addition, it offers digital banking services, including zero balance, savings, salary, wallet, and online and offline payment solutions; debit cards; payment systems, including aadhaar enabled payment and domestic money transfer; digital payment solutions. Further, it provides home loan; home loan against balance transfer; loan against property, mutual funds, and shares; solar financing; corporate loans and lease; and distribution of life, non-life, and health insurance products. The company was formerly known as Reliance Strategic Investments Limited and changed its name to Jio Financial Services Limited in July 2023. Jio Financial Services Limited was incorporated in 1999 and is based in Mumbai, India.
Valuation — what you are paying
How the price compares to earnings, assets and cash generation.
- P/E (trailing)77.6xWeak
You are paying 77.6 years of current profit for each share. The earnings yield is 1.3%.
- P/B (price to book)1.2xStrong
The market values the company at 1.2× its accounting net worth. High is normal for asset-light businesses and unusual for banks.
- EV / EBITDA—No data
Not available.
- Dividend yield0.24%Weak
Pays 0.24% of the current price out each year. Remember that yield rises when price falls — check the dividend is covered by cash flow.
Profitability — is this a good business?
Returns on capital and margins, the numerical shadow of a moat.
- Return on equity—No data
Not available.
- Return on assets—No data
Not available.
- Operating margin63.3%Strong
Keeps ₹63.3 of operating profit from every ₹100 of sales. Compare only against companies in the same industry.
- Net margin55.0%Strong
Sustained high net margins are evidence that something is stopping competitors from competing the profits away.
Financial strength — can it survive a bad year?
Leverage and liquidity. This is where fragility shows up first.
- Debt to equity0.16Strong
A conservative balance sheet that can absorb a downturn without a crisis.
- Current ratio—No data
Not available.
- Total debt₹21798.94 CrNo data
Against cash of ₹3598.29 Cr. Net debt is what matters, not gross borrowings.
- Free cash flow—No data
Not available.
Growth — is it getting bigger?
Revenue and earnings momentum, and how the two compare.
- Revenue growth (yoy)+208.2%Strong
Ask where the growth came from: more volume, higher prices, or an acquisition. They are very different in quality.
- Earnings growth (yoy)+170.2%Strong
Profits are growing slower than sales, meaning margins are compressing. The company may be buying its growth.
- Revenue (TTM)₹3756.82 CrNo data
EBITDA of — and operating cash flow of —.
- PEG ratio—No data
Not available.
Financial statements
Reported figures, most recent year first. All values in rupees.
| FY2026 | FY2025 | |
|---|---|---|
| Revenue | ₹3542.61 Cr | ₹2078.92 Cr |
| Cost of revenue | ₹0.00 | ₹0.00 |
| Gross profit | ₹0.00 | ₹0.00 |
| Operating expenses | ₹0.00 | ₹0.00 |
| Operating income | — | — |
| Interest expense | — | — |
| Pre-tax income | — | — |
| Tax | ₹0.00 | ₹0.00 |
| Net profit | ₹0.00 | ₹0.00 |