| Scrip code | 523405 |
|---|---|
| NSE Symbol | JMFINANCIL |
| MSEI Symbol | NOTLISTED |
| ISIN | INE780C01023 |
| Name of company | JM FINANCIAL LIMITED |
| Type of company | Main Board |
| Class of security | Equity |
| Date of start of financial year | 01-04-2025 |
| Date of end of financial year | 31-03-2026 |
| Date of board meeting when results were approved | 05-02-2026 |
| Date on which prior intimation of the meeting for considering financial results was informed to the exchange | 05-01-2026 |
| Description of presentation currency | INR |
| Level of rounding used in financial results | Lakhs |
| Reporting Type | Quarterly |
| Reporting Quarter | Third quarter |
| Nature of report standalone or consolidated | Consolidated |
| Whether results are audited or unaudited for the quarter ended | Unaudited |
| Whether results are audited or unaudited for the Year to date for current period ended/year ended | Unaudited |
| Segment Reporting | Multi segment |
| Description of single segment | |
| Start date and time of board meeting | 05-02-2026 14:30:00 |
| End date and time of board meeting | 05-02-2026 16:30:00 |
| Whether cash flow statement is applicable on company | |
| Type of cash flow statement | |
| Declaration of unmodified opinion or statement on impact of audit qualification | Not applicable |
| Particulars | 3 months/ 6 months ended (dd-mm-yyyy) | Year to date figures for current period ended (dd-mm-yyyy) | |
|---|---|---|---|
| A | Date of start of reporting period | 01-10-2025 | 01-04-2025 |
| B | Date of end of reporting period | 31-12-2025 | 31-12-2025 |
| C | Whether results are audited or unaudited | Unaudited | Unaudited |
| D | Nature of report standalone or consolidated | Consolidated | Consolidated |
| 1 | Income | ||
| Revenue from operations | |||
| (i) | Interest Income | 38,031.00 | 1,25,892.00 |
| (ii) | Dividend Income | 0.00 | 0.00 |
| (iii) | Rental Income | 0.00 | 0.00 |
| (iv) | Fees and commission Income | 30,607.00 | 87,926.00 |
| (v) | Net gain on fair value changes | 13,799.00 | 45,792.00 |
| (vi) | Net gain on derecognition of financial instruments under amortised cost category | 2,243.00 | 4,878.00 |
| (vii) | Sale of products (including Excise Duty) | 0.00 | 0.00 |
| (viii) | Sale of services | 0.00 | 0.00 |
| (ix) | Other revenue from operations | ||
| 1 | Brokerage income | 14,752.00 | 45,731.00 |
| 2 | Net (loss)/gain on derecognition of financial instruments carried at fair value through OCI | (129.00) | (543.00) |
| 3 | Other operating income | 633.00 | 4,522.00 |
| Total other revenue from operations | 15,256.00 | 49,710.00 | |
| Total Revenue From Operations | 99,936.00 | 3,14,198.00 | |
| Other income | 12,651.00 | 14,940.00 | |
| Total income | 1,12,587.00 | 3,29,138.00 | |
| 2 | Expenses | ||
| Cost of materials consumed | 0.00 | 0.00 | |
| Purchases of stock-in-trade | 0.00 | 0.00 | |
| Changes in inventories of finished goods, work-in-progress and stock-in-trade | 0.00 | 0.00 | |
| Employee benefit expense | 28,508.00 | 85,441.00 | |
| Finance costs | 24,783.00 | 75,293.00 | |
| Depreciation, depletion and amortisation expense | 2,037.00 | 5,624.00 | |
| Fees and commission expense | 8,791.00 | 26,072.00 | |
| Net loss on fair value changes | 0.00 | 0.00 | |
| Net loss on derecognition of financial instruments under amortised cost category | 0.00 | 0.00 | |
| Impairment on financial instruments | (2,335.00) | (23,552.00) | |
| (f) | Other expenses | ||
| 1 | Other expenses | 8,636.00 | 24,398.00 |
| Total other expenses | 8,636.00 | 24,398.00 | |
| Total expenses | 70,420.00 | 1,93,276.00 | |
| 3 | Total profit before exceptional items and tax | 42,167.00 | 1,35,862.00 |
| 4 | Exceptional items | (2,129.00) | (2,129.00) |
| 5 | Total profit before tax | 40,038.00 | 1,33,733.00 |
| 7 | Tax expense | ||
| 8 | Current tax | 8,366.00 | 23,210.00 |
| 9 | Deferred tax | 1,171.00 | 8,771.00 |
| 10 | Total tax expenses | 9,537.00 | 31,981.00 |
| 11 | Net Profit Loss for the period from continuing operations | 30,501.00 | 1,01,752.00 |
| 12 | Profit (loss) from discontinued operations before tax | 0.00 | 0.00 |
| 13 | Tax expense of discontinued operations | 0.00 | 0.00 |
| 17 | Net profit (loss) from discontinued operation after tax | 0.00 | 0.00 |
| 14 | Share of profit (loss) of associates and joint ventures accounted for using equity method | 1,345.00 | 2,160.00 |
| 15 | Total profit (loss) for period | 31,846.00 | 1,03,912.00 |
| 16 | Other comprehensive income net of taxes | 276.00 | 930.00 |
| 17 | Total Comprehensive Income for the period | 32,122.00 | 1,04,842.00 |
| 18 | Total profit or loss, attributable to | ||
| Profit or loss, attributable to owners of parent | 31,280.00 | 1,03,661.00 | |
| Total profit or loss, attributable to non-controlling interests | 566.00 | 251.00 | |
| 19 | Total Comprehensive income for the period attributable to | ||
| Comprehensive income for the period attributable to owners of parent | 31,562.00 | 1,04,609.00 | |
| Total comprehensive income for the period attributable to owners of parent non-controlling interests | 560.00 | 233.00 | |
| 20 | Details of equity share capital | ||
| Paid-up equity share capital | 9,563.00 | 9,563.00 | |
| Face value of equity share capital | 1 | 1 | |
| 21 | Reserves excluding revaluation reserve | ||
| 22 | Earnings per share | ||
| i | Earnings per equity share for continuing operations | ||
| Basic earnings per share from continuing operations | 3.27 | 10.84 | |
| Diluted earnings per share from continuing operations | 3.27 | 10.83 | |
| ii | Earnings per equity share for discontinued operations | ||
| Basic earnings per share from discontinued operations | 0 | 0 | |
| Diluted earnings per share from discontinued operations | 0 | 0 | |
| ii | Earnings per equity share | ||
| Basic earnings per share | 3.27 | 10.84 | |
| Diluted earnings per share | 3.27 | 10.83 | |
| 23 | Debt equity ratio | ||
| 24 | Debt service coverage ratio | ||
| 25 | Interest service coverage ratio | ||
| 26 | Disclosure of notes on financial results | ||
| 23 | Debt equity ratio | |
|---|---|---|
| 24 | Debt service coverage ratio | |
| 25 | Interest service coverage ratio |
| Particulars | 3 months/ 6 month ended (dd-mm-yyyy) | Year to date figures for current period ended (dd-mm-yyyy) | |
|---|---|---|---|
| A | Date of start of reporting period | 01-10-2025 | 01-04-2025 |
| B | Date of end of reporting period | 31-12-2025 | 31-12-2025 |
| Whether results are audited or unaudited | Unaudited | Unaudited | |
| Nature of report standalone or consolidated | Consolidated | Consolidated | |
| 1 | Segment Revenue (Income) | ||
| (net sale/income from each segment should be disclosed) | |||
| 1 | Corporate Advisory and Capital Markets | 23,896.00 | 77,569.00 |
| 2 | Wealth and Asset Management | 35,051.00 | 1,06,032.00 |
| 3 | Private Markets | 32,716.00 | 1,00,426.00 |
| 4 | Affordable Home Loans | 11,765.00 | 32,764.00 |
| 5 | Treasury and others | 16,187.00 | 33,370.00 |
| Total Segment Revenue | 1,19,615.00 | 3,50,161.00 | |
| Less: Inter segment revenue | 7,028.00 | 21,023.00 | |
| Revenue from operations | 1,12,587.00 | 3,29,138.00 | |
| 2 | Segment Result | ||
| Profit (+) / Loss (-) before tax and interest from each segment | |||
| 1 | Corporate Advisory and Capital Markets | 11,408.00 | 39,716.00 |
| 2 | Wealth and Asset Management | (626.00) | 5,709.00 |
| 3 | Private Markets | 14,394.00 | 62,240.00 |
| 4 | Affordable Home Loans | 2,944.00 | 6,404.00 |
| 5 | Treasury and others | 11,918.00 | 19,664.00 |
| Total Profit before tax | 40,038.00 | 1,33,733.00 | |
| i. Finance cost | 0.00 | 0.00 | |
| ii. Other Unallocable Expenditure net off Unallocable income | 0.00 | 0.00 | |
| Profit before tax | 40,038.00 | 1,33,733.00 | |
| 3 | (Segment Asset - Segment Liabilities) | ||
| Segment Asset | |||
| 1 | Corporate Advisory and Capital Markets | 97,577.00 | 97,577.00 |
| 2 | Wealth and Asset Management | 5,61,240.00 | 5,61,240.00 |
| 3 | Private Markets | 13,41,503.00 | 13,41,503.00 |
| 4 | Affordable Home Loans | 2,61,881.00 | 2,61,881.00 |
| 5 | Treasury and others | 1,90,280.00 | 1,90,280.00 |
| Total Segment Asset | 24,52,481.00 | 24,52,481.00 | |
| Un-allocable Assets | 0.00 | 0.00 | |
| Net Segment Asset | 24,52,481.00 | 24,52,481.00 | |
| 4 | Segment Liabilities | ||
| Segment Liabilities | |||
| 1 | Corporate Advisory and Capital Markets | 18,606.00 | 18,606.00 |
| 2 | Wealth and Asset Management | 4,38,293.00 | 4,38,293.00 |
| 3 | Private Markets | 6,58,825.00 | 6,58,825.00 |
| 4 | Affordable Home Loans | 1,81,380.00 | 1,81,380.00 |
| 5 | Treasury and others | 48,904.00 | 48,904.00 |
| Total Segment Liabilities | 13,46,008.00 | 13,46,008.00 | |
| Un-allocable Liabilities | 0.00 | 0.00 | |
| Net Segment Liabilities | 13,46,008.00 | 13,46,008.00 | |
| Disclosure of notes on segments | |||
| Particulars | 3 months/ 6 month ended (dd-mm-yyyy) | Year to date figures for current period ended (dd-mm-yyyy) | |
|---|---|---|---|
| A | Date of start of reporting period | 01-10-2025 | 01-04-2025 |
| B | Date of end of reporting period | 31-12-2025 | 31-12-2025 |
| C | Whether results are audited or unaudited | Unaudited | Unaudited |
| D | Nature of report standalone or consolidated | Consolidated | Consolidated |
| Other comprehensive income [Abstract] | |||
| 1 | Amount of items that will not be reclassified to profit and loss | ||
| 1 | Remeasurement of defined benefit obligations | -6700000 | -44600000 |
| Total Amount of items that will not be reclassified to profit and loss | -6700000 | -44600000 | |
| 2 | Income tax relating to items that will not be reclassified to profit or loss | (17.00) | (112.00) |
| 3 | Amount of items that will be reclassified to profit and loss | ||
| 1 | Exchange differences on translation of foreign operations | 32600000 | 126400000 |
| Total Amount of items that will be reclassified to profit and loss | 32600000 | 126400000 | |
| 4 | Income tax relating to items that will be reclassified to profit or loss | 0.00 | 0.00 |
| 5 | Total Other comprehensive income | 276.00 | 930.00 |