In this article, we will explore the future share price targets of Jio Finance for the years 2025, 2026, 2028, 2030, 2040, and 2050. Additionally, we will discuss Jio Finance’s fundamentals, market sentiment, financial performance, and quarterly reports to assist investors in making informed decisions.
About Jio Financial Services
Jio Financial Services Limited (JFSL) is a modern financial company that aims to provide seamless financial services to Indian citizens. It focuses on helping people borrow, transact, save, and invest with ease through a digital-first approach. JFSL’s mission is to make financial access accessible across the country.
Services Offered
JFSL offers various financial services through its app, JioFinance. Key offerings include:
- Loans for various needs.
- Savings accounts to secure money.
- UPI payments and bill recharges.
- Digital insurance for easy protection.
- Financial tools for tracking and management.
JFSL was started in 1999 as Reliance Strategic Investments Private Limited, in 2002 it was renamed as Reliance Strategic Investments Limited. 2023 became Jio Financial Services Limited after being demerged from Reliance Industries Limited.
JFSL operates as a Core Investment Company (CIC) registered with the Reserve Bank of India. It also provides asset and wealth management services in collaboration with BlackRock, the world’s largest asset manager.
Jio Financial Services Fundamentals
Jio Financial Services Ltd. operates in the Finance sector. It is listed on both the BSE and NSE under codes 543940 and JIOFIN, respectively. The company’s market capitalization is ₹155179 crore, indicating its significant presence in the industry. The reserves and surplus amount to ₹18083.53 crore, showcasing financial stability.
Its stock has a P/E ratio (TTM) of 96.54, which is much higher than the industry average of 17.90, indicating the stock is expensive compared to peers. The P/B ratio of 1.13 suggests fair valuation.
| Description | Value |
|---|---|
| Company Name | Jio Financial Services Ltd. |
| Sector | Finance |
| Established | 22 July 1999 |
| Website | jfs.in |
| Listing At | BSE, NSE |
| BSE Code | 543940 |
| NSE Code | JIOFIN |
| Mkt Cap | ₹155179Cr |
| Reserves and Surplus | ₹18083.53Cr |
| ROE | 1.17% |
| ROCE | 1.55% |
| 52 Week High | ₹394.70 |
| 52 Week Low | ₹238.90 |
| P/E Ratio (TTM) | 96.54 |
| Industry P/E | 17.90 |
| P/B Ratio | 1.13 |
| Face Value | 10 |
| Book Value Per Share | ₹215.86 |
| EPS (TTM) | ₹2.53 |
| Dividend Yield | 0.00% |
| Debt to Equity | 0.00 |
| Total Revenue | ₹1855Cr |
| Revenue Growth | 4036.93% |
| Net Profit (Anual) | ₹1605Cr |
| Profit Growth | 5036% |
Returns in Past Year
| Year | Returns (%) |
|---|---|
| 2024 | 30.91% |
Jio finance Share Price Target 2025
Current market sentiment around Jio finance is highly bearish. The expected share price target for 2025 is estimated to be between ₹200 to ₹390.
| Year | Price Target (Min) | Price Target (Max) |
|---|---|---|
| 2025 | ₹200 | ₹390 |
Jio finance Share Price Target 2026
According to market analysts, Jio finance’s share price in 2026 is projected to range between ₹320 to ₹530.
| Year | Price Target (Min) | Price Target (Max) |
|---|---|---|
| 2026 | ₹320 | ₹530 |
Jio finance Share Price Target 2028
By 2028, the share price target for Jio finance is anticipated to be between ₹510 to ₹840, considering the company’s steady growth and expansion in defense contracts.
| Year | Price Target (Min) | Price Target (Max) |
|---|---|---|
| 2028 | ₹510 | ₹840 |
Jio finance Share Price Target 2030
Based on the company’s historical performance and ongoing projects, Jio finance’s share price in 2030 is expected to be between ₹730 to ₹1080.
| Year | Price Target (Min) | Price Target (Max) |
|---|---|---|
| 2030 | ₹730 | ₹1080 |
Jio finance Share Price Target 2040
Following the long-term trend, Jio finance’s share price in 2040 is likely to fall between ₹1660 to ₹2240.
| Year | Price Target (Min) | Price Target (Max) |
|---|---|---|
| 2040 | ₹1660 | ₹2240 |
Jio finance Share Price Target 2050
Considering the consistent growth trajectory and the company’s prominent role in defense manufacturing, Jio finance’s share price target for 2050 is expected to range from ₹2650 to ₹3430.
| Year | Price Target (Min) | Price Target (Max) |
|---|---|---|
| 2050 | ₹2650 | ₹3430 |
Jio finance Share Price Target: Export Opinion
Strengths
- The company’s revenue grew by 4036.93% in FY24 to reach ₹1855 crore.
- Its profit growth was 5036%, taking the net profit to ₹1605 crore.
- The company is utilizing capital well to generate profits, which has led to an increase in its ROCE in the last 2 quarters.
- The company’s debt to equity (0.00) shows debt free which ensures financial stability and low risk.
- The high operating profit margin (87.06%) and net profit margin (70.28%) demonstrate the company’s ability to control costs and maintain profitability.
- Cash flow from operating activities (₹2055 crore) remained positive in FY23, reflecting strong core business performance.
Risks
- The P/E ratio of 96.54 is significantly higher than the industry average, which suggests the stock is overvalued.
- The ROE (1.17%) and ROCE (1.55%) are relatively low, indicating limited returns to shareholders compared to capital employed.
- The company’s stock is at a 52-week low.
- The company’s quarterly revenue and profit margins are fluctuating.
- JFS does not pay any dividend (dividend yield: 0.00%), which may discourage income-seeking investors.
- Exceptional growth in recent years raises concerns about sustainability.
Jio Financial Services Quarterly Income Report
| Description | Dec 24 | Sep 24 | Jun 24 | Mar 24 |
| Revenue + | ₹147.80Cr. | ₹383.11Cr. | ₹133.89Cr. | ₹140.51Cr. |
| Expenses + | ₹47.05Cr | ₹54.37Cr. | ₹36.01Cr. | ₹36.50Cr. |
| EBITDA | ₹3.11Cr | ₹3.12Cr. | ₹3.07Cr. | ₹3.06Cr. |
| EBIT | ₹100.75Cr | ₹328.74Cr. | ₹328.74Cr. | ₹97.88Cr. |
| Net Profit | ₹75.18Cr | ₹304.83Cr. | ₹71.76Cr. | ₹77.76Cr. |
| Operating Profit Margin | 75.61% | 86.70% | 75.40% | 76.20% |
| Net Profit Margin | 54.73% | 79.64% | 53.60% | 55.34% |
| Earning Per Share | ₹0.12 | ₹0.48 | ₹0.11 | ₹0.12 |
| Dividends Per Share | 0.00 | 0.00 | 0.00 | 0.00 |
Jio Financial Services Annual Income Report
| Description | Mar 24 | Mar 23 | Mar 22 | Mar 21 |
|---|---|---|---|---|
| Total Revenue | ₹1855Cr | ₹44.84Cr | ₹2524Cr | |
| Total Expenses | ₹327.31Cr | ₹-4.50Cr | ₹2512Cr | |
| Profit/Loss | ₹1605Cr | ₹31.25Cr | ₹-118.71Cr | ₹9.48Cr |
| Net Profit Margin | 70.28% | 69.69% | 6.38% | 0.40% |
| Earning Per Share | ₹2.53 | ₹60.46 | ₹1.29 | ₹0.12 |
| EBITDA | ₹1988 | ₹49.34 | ₹361.95 | ₹210.92 |
| EBIT | ₹1966 | ₹49.34 | ₹310.94 | ₹169.07 |
| Operating Profit Margin | 87.06% | 110.04% | 19.45% | 8.93% |
| Dividends Per share | 0.00 | 0.00 | 0.50 | 0.00 |
Jio Financial Services Cash Flow
| Particulars | 2023 | 2021 | 2020 | |
|---|---|---|---|---|
| Opening Cash Balance | ₹0.51Cr. | ₹39.78Cr. | ₹26.70Cr. | |
| Cash Flow From Operating Activities | ₹2055Cr | ₹-437.45Cr. | ₹94.07Cr. | ₹-198.65Cr. |
| Cash Flow From Investing Activities | ₹-1103Cr | ₹178.24Cr. | ₹-304.39Cr. | ₹-73.11Cr. |
| Cash Flow From Financing Activities | ₹-888.92Cr | ₹246.84Cr. | ₹198.47Cr. | ₹284.84Cr. |
| Closing Cash Balance | ₹63.23Cr | ₹15.57Cr. | ₹27.94Cr. | ₹39.78Cr. |
| Net Change In Cash | ₹62.72 | ₹-12.37 | ₹-11.84 | ₹13.08 |
Jio finance Share Price Target 2025, 2026, 2028, 2030, 2040 to 2050
| Year | Price Target (Min) | Price Target (Max) |
|---|---|---|
| 2025 | ₹200 | ₹390 |
| 2026 | ₹320 | ₹530 |
| 2028 | ₹510 | ₹840 |
| 2030 | ₹730 | ₹1080 |
| 2040 | ₹1660 | ₹2240 |
| 2050 | ₹2650 | ₹3430 |
Jio Financial Services Shareholding Pattern
| Shareholder | Share % |
|---|---|
| Promoter | 47.12% |
| Other Domestic Institution | 7.43% |
| Retail and Others | 24.70% |
| Foreign Institution | 15.62% |
| Mutual Funds | 5.13% |
| Total | 100.00% |
How to Buy Jio finance Shares?
Buying and selling of ITI can be done by a stock broker registered with SEBI. Here are the names of some popular brokers.
- Zerodha
- groww
- Angel One
- upstox
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|---|---|---|---|---|
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| Adani Enterprises | ₹3.89 LCr | 40.35% | ₹2142.00 | ₹3457.85 |
| Suzlon Energy | ₹90.75 KCr | 85.69% | ₹33.90 | ₹86.04 |
| Tata Power Company | ₹1.44 LCr | 101.76% | ₹215.70 | ₹464.20 |
| Adani Power | ₹2.92 LCr | 192.93% | ₹231.00 | ₹797.00 |
| Bharti Airtel | ₹9.66 LCr | 51.59% | ₹1051.60 | ₹1779 |
| Tata Motors | ₹3.57 LCr | 72.86% | ₹557.70 | ₹1065.60 |
| Tata Power | ₹1.44 LCr | 75.52% | ₹230.80 | ₹494.85 |
Conclusion
Jio Financial Services has shown strong revenue and profit growth backed by robust cash flows and no debt. However, high valuations, inconsistent performance, and low returns pose significant concerns. Investors should carefully analyze the company’s future growth prospects and risk factors before making an investment decision.
Disclaimer: The information provided here is for general informational purposes only and should not be considered as financial advice. Before making any investment, it is advisable to consult with a certified financial advisor. The author is not responsible for any investment decisions made based on this article.
FAQs
Q1. What is the Jio finance share price target for 2025?
Ans: The expected share price target for Jio finance in 2025 is between ₹200 to ₹390.
Q2. What is theJio finance share price target for 2030?
Ans: Jio finance’s share price target for 2030 is projected to be between ₹730 to ₹1080.
Q3. What is the Jio finance share price target for 2040?
Ans: The share price target for Jio finance in 2040 is expected to be between ₹1660 to ₹2240.
Q4. What is the Jio finance share price target for 2050?
Ans: Jio finance’s share price target for 2050 is likely to range between ₹2650 to ₹3430.