Jio Financial Services Limited (JIOFIN) AI Stock Analysis

• Market Cap: ₹1.88T
• Dividend Yield: 0.17%
• Average Volume (3M): 816.47K
• Price to Earnings (P/E): 115.7
• Beta (1Y): 1.43
• Revenue Growth: 22.72%
• EPS Growth: 2.48%
• Country: IN
• Employees: 9
• Sector: Financial
• Sector Strength: 70
• Industry: Asset Management
• EPS (TTM): 0.51
• Shares Outstanding: 6,353,141,600
• 10 Day Avg. Volume: 725,464
• 30 Day Avg. Volume: 816,470
• PEG Ratio: N/A
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: ₹302.00
• Price Target Upside: 2.51% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 2

• Rating: 60 Neutral
• Price Target: ₹328.00 ▲(11.34% Upside)

Jio Financial Services Limited's strong financial performance is a key strength, supported by robust revenue growth and profitability. However, technical indicators suggest bearish momentum, and the stock appears overvalued with a high P/E ratio and low dividend yield. These factors contribute to a moderate overall stock score.

Jio Financial Services Limited Business Overview & Revenue Model

Company Description

Jio Financial Services Limited (JIOFIN) is a prominent entity in the financial services sector in India, primarily focusing on providing a wide range of financial solutions. As a subsidiary of Reliance Industries Limited, JIOFIN is involved in offering services such as digital payments, lending, insurance, asset management, and other financial products tailored to meet the diverse needs of its customers. The company leverages technology and innovation to enhance financial inclusion and deliver efficient financial services across the Indian market.

How the Company Makes Money

Jio Financial Services Limited generates revenue through multiple streams. Primarily, the company earns money by offering digital payment solutions, which include transaction fees from merchants and service charges on payment processing. Additionally, its lending services contribute to revenue through interest income on loans provided to individuals and businesses. JIOFIN's insurance products generate premium income, while its asset management division earns through management fees on the assets under management. Strategic partnerships with banks, fintech companies, and other financial institutions further enhance its service offerings and expand its customer reach, contributing to its overall revenue.

Jio Financial Services Limited Financial Statement Overview

Summary

Jio Financial Services Limited demonstrates robust growth and profitability, particularly evident in its income statement. Its balance sheet reflects strong equity but suggests potential for better leverage management. Cash flow management requires attention due to negative free cash flow, although operating cash flow trends are improving.

Income Statement

Jio Financial Services Limited has shown impressive revenue growth with a CAGR of approximately 139% over the last five years. The gross profit and net profit margins are high, indicating strong profitability. However, the sharp increase in net income in recent years may not be sustainable long-term, but current margins are impressive.

Balance Sheet

The company maintains a solid equity base with an equity ratio of around 92%, indicating financial stability. However, a low debt-to-equity ratio suggests under-leverage, which could be a strategic choice or a missed opportunity for growth through debt. The high stockholder equity is a strength but should be carefully managed.

Cash Flow

The company reports negative free cash flow due to substantial capital expenditures, which could be a concern if negative cash flows persist. However, the company’s operating cash flow is improving, which is a positive sign for its ability to cover net income and other financial obligations.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	14.52B	20.79B	18.42B	234.80M	15.44M	13.54M
Gross Profit	20.49B	20.49B	18.42B	211.90M	15.44M	2.49M
EBITDA	16.17B	16.17B	9.21B	438.40M	14.12M	2.29B
Net Income	16.13B	16.13B	16.05B	312.50M	16.80M	12.31M
Balance Sheet
Total Assets	1.34T	1.34T	1.45T	1.15T	222.81M	20.60B
Cash, Cash Equivalents and Short-Term Investments	40.72B	40.72B	165.19B	163.34B	51.00K	3.60M
Total Debt	39.70B	9.83B	1.31B	7.43B	404.00M	473.40M
Total Liabilities	100.13B	100.13B	57.15B	8.09B	900.00K	2.40M
Stockholders Equity	1.23T	1.23T	1.39T	1.14T	22.28B	20.60B
Cash Flow
Free Cash Flow	0.00	-101.25B	-6.78B	20.55B	12.30M	243.41M
Operating Cash Flow	0.00	-100.83B	-6.78B	20.55B	12.30M	243.41M
Investing Cash Flow	0.00	64.06B	14.41B	-11.66B	-12.29M	16.32M
Financing Cash Flow	0.00	39.62B	-7.53B	-8.89B	0.00	-259.75M

Jio Financial Services Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 294.60
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Positive
• MACD: Positive
• RSI: Positive
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:JIOFIN, the sentiment is Negative. The current price of 294.6 is below the 20-day moving average (MA) of 310.01, below the 50-day MA of 316.87, and above the 200-day MA of 280.93, indicating a neutral trend. The MACD of -4.38 indicates Positive momentum. The RSI at 26.32 is Positive, neither overbought nor oversold. The STOCH value of 3.90 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:JIOFIN.

Jio Financial Services Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
PFC	72 Outperform	₹1.34T	5.52	19.53%	3.99%	14.06%	17.29%
SHRIRAMFIN	66 Neutral	₹1.14T	11.75	16.92%	2.13%	20.27%	25.95%
CHOLAFIN	64 Neutral	₹1.32T	29.63	18.01%	0.13%	31.00%	21.07%
JIOFIN	60 Neutral	₹1.88T	115.65	―	0.17%	22.72%	2.48%
BAJAJHLDNG	58 Neutral	₹1.41T	16.82	10.40%	0.73%	-41.40%	12.52%
BAJAJFINSV	56 Neutral	₹3.20T	33.55	12.26%	0.05%	17.28%	13.99%
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%