Please find enclosed investor presentation.
JMFINANCIL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
JM Financial reported FY26 consolidated PAT of Rs 1,133 crore (adjusted: Rs 1,202 crore), up 38% YoY on net revenue of Rs 2,749 crore. The company declared dividend of Rs 3.25 per share (up 20%). Key segments showed mixed performance: Corporate Advisory & Capital Markets delivered PAT of Rs 347 crore (up 8%) with FY24-26 CAGR of 20%; Private Markets turned around sharply to Rs 543 crore PAT from losses, driven by impairment reversals; Wealth Management grew PAT 2% to Rs 132 crore with strong 42% CAGR; Affordable Home Loans surged 46% to Rs 74 crore PAT with AUM up 22% to Rs 3,460 crore; while Asset Management remained in loss at Rs 30 crore. Q4FY26 PAT came in at Rs 165 crore (down 21% YoY). The company maintained #1 IPO ranking with Rs 1.4 lakh crore across 55 transactions. Networth grew 10% to Rs 10,605 crore with ROE at 11.7%.
The results indicate strong operational performance with multi-year CAGRs of 20-42% in key segments, though Q4 showed some softness. The sharp turnaround in Private Markets and robust Affordable Home Loans growth are positives. The 20% dividend increase signals management confidence. The high concentration in investment banking (equity and M&A) exposes near-term results to market volatility given geopolitical headwinds mentioned.