# Jio Financial Services (JIOFIN.NSE)

Canonical: https://gigainvestors.com/s/JIOFIN.NSE

Analysis as of: 2026-10-16T07:33:23.977Z. 

Listing currency: INR. Reporting currency: INR.

## Verdict

Not enough history yet

Quality tests for Buy: not passed (profit record: fail; earnings resilience is evidence only). Published buy qualification: no.

Share price: INR 219.01 per share; close as of 2026-10-15.

## Checklist

### understandable: na

### moat: na

### economics: na

### management: na

### accounting: na

## Holders

## Price story

Down 42% since Apr 2024

Story as of 2026-10-16T10:01:26.736Z; price observation 2026-10-15.

## Owner memo

Memo as of 2026-10-16T08:06:05.509Z.

### How it makes money

Operates in investment company; annual sales are INR 35.2 billion.

- Source: https://www.screener.in/company/JIOFIN/consolidated/ (filed 2026-10-16T07:33:23.977Z); FY2026: revenue 35210000000; operatingIncome 22830000000; margin = operatingIncome / revenue.

### Why customers stay

Margins ranged from 64.8% to 82.9% during 2024–26.

- Source: https://www.screener.in/company/JIOFIN/consolidated/ (filed 2026-10-16T07:33:23.977Z); FY2024: operatingIncome / revenue = 82.9%.

- Source: https://www.screener.in/company/JIOFIN/consolidated/ (filed 2026-10-16T07:33:23.977Z); FY2025: operatingIncome / revenue = 74.7%.

- Source: https://www.screener.in/company/JIOFIN/consolidated/ (filed 2026-10-16T07:33:23.977Z); FY2026: operatingIncome / revenue = 64.8%.

### Where the cash goes

Paid dividends in 2 of 2 years.

- Source: https://www.screener.in/company/JIOFIN/consolidated/ (filed 2026-10-16T07:33:23.977Z); FY2023: growth capex 0; upkeep 0; owner earnings 310000000. Growth capex / owner earnings = 0.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-10-16T07:33:23.977Z); Dividend observations: [[2023,8890000000],[2026,3180000000]]. Zero only counted when supported by a complete cash-flow statement.

### What the price says

The price is 39.5 times annual sales; cash earnings are negative.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-10-16T07:33:23.977Z); Closing price 219.01 INR; reporting-to-trading FX 1; FY2026 annual sales per share 5.548789237668162; price multiple 39.46987182595483. FY2026 cash earnings/share -24.33381255605381. Closing-price date 2026-10-15.

## Monthly share-price history (INR per share)

- 2023-09: INR 231.20 per share

- 2023-10: INR 219.00 per share

- 2023-11: INR 229.40 per share

- 2023-12: INR 232.95 per share

- 2024-01: INR 248.25 per share

- 2024-02: INR 310.00 per share

- 2024-03: INR 353.75 per share

- 2024-04: INR 377.00 per share

- 2024-05: INR 344.35 per share

- 2024-06: INR 358.15 per share

- 2024-07: INR 328.50 per share

- 2024-08: INR 321.70 per share

- 2024-09: INR 350.60 per share

- 2024-10: INR 322.30 per share

- 2024-11: INR 328.35 per share

- 2024-12: INR 298.70 per share

- 2025-01: INR 241.65 per share

- 2025-02: INR 207.61 per share

- 2025-03: INR 227.51 per share

- 2025-04: INR 260.42 per share

- 2025-05: INR 286.65 per share

- 2025-06: INR 326.75 per share

- 2025-07: INR 329.25 per share

- 2025-08: INR 311.70 per share

- 2025-09: INR 293.20 per share

- 2025-10: INR 306.80 per share

- 2025-11: INR 306.20 per share

- 2025-12: INR 294.95 per share

- 2026-01: INR 254.50 per share

- 2026-02: INR 255.40 per share

- 2026-03: INR 224.10 per share

- 2026-04: INR 246.37 per share

- 2026-05: INR 238.95 per share

- 2026-06: INR 236.44 per share

- 2026-07: INR 256.46 per share

- 2026-08: INR 241.35 per share

- 2026-09: INR 216.88 per share

- 2026-10: INR 219.01 per share

## Annual estimated value (INR per share)

Historical values use today's bond yield for every fiscal year

Historical values use today's FX rate into trading currency for every fiscal year

Historical values use current restated fundamentals and current commodity classification; they are not point-in-time estimates

## Sources

Estimates depend on assumptions and are not guarantees or investment advice. Underlying data remains subject to its source licenses; public reading does not grant bulk redistribution rights.

## Reported holder observations