In this article, we are telling all the technical and other aspects of retail’s favourite Jio Finance and Its Share Price Target 2025 to 2030, telling about their future plans, lunches, growth and much.
What is Jio Finance?
Jio Finance is an all-in-one NBFC, AMC, Investment Firm, Digital Banking Service Provider and a Fittech app-based firm, that entered the stock market in 2023. Jio Finance Share did demerge from Reliance Industries in the summer of 2023. So every shareholder of Reliance Industries did get this share on a 1:1 ratio.
For More, Visit: https://www.jfs.in/ (Jio Finance Official Website)
Jio Finance has set big goals as they are into policy (insurance) selling business and are coming with mutual fund and stock broking business, and these ventures they have done 50-50 ventures with global powerhouse BlackRock.
So, all and all, Jio is like all Bajaj Finance is doing plus what a Policy Bazar is. This shows the great aspect and impact of Jio Finance.
Jio Finance Share Price: Overview
Jio Finance is a combination of all-in-one NBFC and some part of a baking and investment firm, making it an overall financial rising giant.
- Market Cap: ₹ 2,09,118 Cr
- High / Low: ₹ 395 / 204
- Stock P/E: 132
- Book Value: ₹ 219
- Dividend Yield: 0.00 %
- ROCE: 1.55 %
- ROE: 1.27 %
- Face Value: ₹ 10.0
Jio Finance Share Price Target 2025 To 2030
| JFS Share Price Target Years | SHARE PRICE TARGET |
|---|---|
| 2025 | ₹ 580 |
| 2026 | ₹ 660 |
| 2027 | ₹ 750 |
| 2028 | ₹ 862 |
| 2029 | ₹ 995 |
| 2030 | ₹ 1,135 |
As per the chart, the share is seen to give multi-bagger returns from the current range if kept for long term.
Shareholding Pattern: Jio Financial Services Ltd
| Promoters: 47.12% |
| Retail And Others: 23.44% |
| Foreign Institutions: 17.55% |
| Other Domestic Institutions: 11.88% |
The overall balance gives them the right edge as it has promoters holding a good amount along with level-mid ranges of retail, FIs and DIs.
Jio Financial Share Price Target 2025
In 2025, Jio Financial is expected to launch so many businesses under its umbrella. So, other than earnings, the news would also run the share price. And it would set the mark for the future too.
- Projected Price Band for 2025: 500 to 550
- Major Take-Aways To Boost Share: Price Band and News of Product Launch
Some key entries:-
- With Blackrock, they are expected to launch Mutual Funds and broking business.
- Providing all kinds of loans from housing, personal, car/bike and loan against mutual funds would be on the radar.
- Forming an investment breach for higher growth is a positive sign.
- It would also run savings accounts and do normal UPI and bill payments from the app.
- The insurance business would also be on the radar.
Recent Profit and Loss
| Year | Mar-23 | Mar-24 | TTM |
|---|---|---|---|
| Sales + | 45 | 1,855 | 1,858 |
| Expenses + | 6 | 296 | 331 |
| Operating Profit | 39 | 1,559 | 1,526 |
| OPM % | 88% | 84% | 82% |
| Other Income + | 10 | 429 | 424 |
| Interest | 0 | 10 | 0 |
| Depreciation | 0 | 22 | 22 |
| Profit before tax | 49 | 1,956 | 1,929 |
| Tax % | 37% | 18% | |
| Net Profit + | 31 | 1,605 | 1,585 |
| EPS in Rs | 2.53 | 2.49 | |
| Dividend Payout % | 0% | 0% |
In recent times, despite in growing stage, the P&L account is showing a good rise indeed.
Recent Quarterly Results of JFS
| Month | Jun-23 | Sep-23 | Dec-23 | Mar-24 | Jun-24 |
|---|---|---|---|---|---|
| Sales + | 414 | 608 | 414 | 418 | 418 |
| Expenses + | 38 | 66 | 94 | 98 | 74 |
| Operating Profit | 376 | 542 | 320 | 320 | 344 |
| OPM % | 91% | 89% | 77% | 77% | 82% |
| Other Income + | 67 | 218 | 67 | 78 | 62 |
| Interest | 10 | 0 | 0 | 0 | 0 |
| Depreciation | 5 | 5 | 5 | 5 | 5 |
| Profit before tax | 427 | 754 | 381 | 393 | 400 |
| Tax % | 22% | 11% | 23% | 21% | 22% |
| Net Profit + | 332 | 668 | 294 | 311 | 313 |
| EPS in Rs | 1.05 | 0.46 | 0.49 | 0.49 |
The results and growth show that the company has decent numbers coming and with its future plans, it seems to grow only to bigger numbers.
Jio Finance Pros and Cons
| Advantages | Disadvantages |
|---|---|
| The company is almost debt-free. | It is still to launch products. |
| It has the support of BlackRock. | Expectations are very high for shareholders. |
| The share is a part of the House of Reliance. | PE ratio is high compared to its competition. |
Competition For JFS
- Bajaj Finserv Ltd: It has a market cap of ₹2,80,000 crore and holds great command in landing, insurance and other sectors where Jio is looking to make an impact.
- LIC Housing Finance Ltd: With a market cap of ₹42,000 crore, they hold great roots in the housing loan segment.
However, as JFS is in so many sectors, there is no neck-to-neck competition for them.
FAQ’s
JFS comes under the House of Reliance. It did become part of the stock market in the summer of 2023.
Jio and BlackRock are setting up broking and mutual fund arms with a 50-50 ratio in India.
In the summer of 2024, Jio started to provide loans against Mutual Funds.
Jio Finance’s app enables a person to open a digital savings account. They even give digital debit cards too of Rupay Network.
