Financials JM Financial Limited

Equities

JMFINANCIL

INE780C01023

Investment Banking & Brokerage Services

Market Closed - Bombay S.E. 06:00:50 2024-04-26 am EDT 5-day change 1st Jan Change
81.89 INR -0.61% Intraday chart for JM Financial Limited +1.27% -16.75%

Valuation

Fiscal Period: März 2018 2019 2020 2021 2022 2023
Capitalization 1 107,877 78,912 54,133 80,505 64,542 56,887
Enterprise Value (EV) 1 239,726 152,940 101,998 109,244 121,328 139,712
P/E ratio 16.5 x 13.8 x 9.98 x 13.4 x 8.36 x 9.53 x
Yield 1.4% 1.06% 0.31% 0.59% 2.44% 3.02%
Capitalization / Revenue 5.21 x 3.73 x 2.89 x 4.88 x 2.74 x 2.75 x
EV / Revenue 11.6 x 7.23 x 5.44 x 6.63 x 5.16 x 6.75 x
EV / EBITDA - - - - - -
EV / FCF - - - - - -
FCF Yield - - - - - -
Price to Book 2.44 x 1.54 x 0.96 x 1.15 x 0.84 x 0.7 x
Nbr of stocks (in thousands) 837,880 839,931 841,225 952,723 954,056 954,804
Reference price 2 128.8 93.95 64.35 84.50 67.65 59.58
Announcement Date 6/19/18 6/19/19 6/9/20 6/29/21 7/1/22 7/7/23
1INR in Million2INR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: März 2018 2019 2020 2021 2022 2023
Net sales 1 20,706 21,159 18,752 16,488 23,520 20,697
EBITDA - - - - - -
EBIT - - - - - -
Operating Margin - - - - - -
Earnings before Tax (EBT) 1 13,096 12,834 10,939 10,690 13,481 9,528
Net income 1 6,309 5,722 5,450 5,901 7,732 5,973
Net margin 30.47% 27.04% 29.06% 35.79% 32.87% 28.86%
EPS 2 7.810 6.790 6.450 6.320 8.090 6.250
Free Cash Flow - - - - - -
FCF margin - - - - - -
FCF Conversion (EBITDA) - - - - - -
FCF Conversion (Net income) - - - - - -
Dividend per Share 2 1.800 1.000 0.2000 0.5000 1.650 1.800
Announcement Date 6/19/18 6/19/19 6/9/20 6/29/21 7/1/22 7/7/23
1INR in Million2INR
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: March 2021 Q3 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3
Net sales - - - - - - - - -
EBITDA - - - - - - - - -
EBIT 1 - 6,230 12,551 4,312 4,242 3,720 2,915 3,471 3,640
Operating Margin - - - - - - - - -
Earnings before Tax (EBT) 1 - - 3,604 3,173 3,487 3,216 2,592 3,178 3,216
Net income 1 1,808 - 2,031 1,744 2,168 1,788 1,700 1,800 1,902
Net margin - - - - - - - - -
EPS 1.950 - - - - - - - -
Dividend per Share - - - - - - - - -
Announcement Date 1/23/21 5/5/21 7/28/21 10/28/21 2/7/22 5/24/22 8/2/22 11/14/22 2/10/23
1INR in Million
Estimates

Balance Sheet Analysis

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net Debt 1 131,849 74,028 47,865 28,739 56,786 82,825
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow - - - - - -
ROE (net income / shareholders' equity) 17% 11.8% 9.79% 9.08% 9.78% 6.48%
ROA (Net income/ Total Assets) 4.57% 3.73% 3.59% 3.66% 4.02% 2.57%
Assets 1 137,966 153,264 151,966 161,091 192,161 232,454
Book Value Per Share 2 52.80 61.10 67.00 73.50 80.60 85.20
Cash Flow per Share 2 17.90 15.30 9.630 8.670 13.20 5.490
Capex 1 216 210 99.6 63.6 170 1,245
Capex / Sales 1.04% 0.99% 0.53% 0.39% 0.72% 6.02%
Announcement Date 6/19/18 6/19/19 6/9/20 6/29/21 7/1/22 7/7/23
1INR in Million2INR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Annual profits - Rate of surprise

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