JM Financial Limited announced its financial results for the second quarter and half year ended September 30, 2026. The company reported a Net Revenue of ₹712 crores for Q2FY27. Key highlights include a strong performance in Corporate Advisory and Capital Markets, ranking #1 by deal value in IPOs and QIPs for H1FY27, and growth in its loan book across private markets, wealth management, and affordable home loans.
JM Financial Announces Strong Q2 FY27 Results
JM Financial Limited has released its consolidated financial results for the quarter and half year ended September 30, 2026. The company reported a Net Revenue of ₹712 crores for the second quarter (Q2FY27), demonstrating continued operational strength.
Key Financial and Business Highlights
The company achieved a Consolidated Net Profit after tax of ₹240 crores for the quarter ended September 30, 2026. JM Financial also declared an interim dividend of ₹1.65 per share.
Corporate Advisory and Capital Markets
This segment experienced one of its best quarters, with profits growing 4x QoQ to ₹127 crores. JM Financial ranked #1 by deal value across IPOs and QIPs for H1FY27, closing 26 capital market transactions valued at approximately ₹83,000 crores. The pipeline remains robust with 48 filed IPO transactions aggregating to ~₹130,000 crores.
Wealth and Asset Management
Recurring Assets Under Management (AUM) in Wealth Management grew 16% YoY to ₹37,038 crores. The Wealth loan book increased by 30% YoY to ₹2,558 crores, with Total Recurring AUM (including loans) up 17% YoY to ₹39,596 crores.
Affordable Home Loans
The Affordable Home Loans business saw its customer base increase by 30% YoY to 37,548. AUM in this segment rose by 30% YoY to ₹3,929 crores, with disbursements up by 48% YoY to ₹331 crores.
Quote from Leadership
Commenting on the results, Mr. Vishal Kampani, Vice Chairman and Managing Director, stated, “We are excited to report another quarter of robust performance. Our progress on the build out of the customer franchise across all businesses is encouraging.” He further highlighted the strong growth in loan books and the continued traction in Wealth Management.
Summary of Key Statistics
| Particulars | Quarter ended September 30, 2026 | Quarter ended September 30, 2025 | YoY % Increase / (Decrease) |
| Consolidated Net Revenue | 712 | 708 | ~ |
| Consolidated Net profit after tax, NCI* and share of associates | 240 | 270 | (11%) |
| Consolidated EPS (Rs.) | 2.5 | 2.8 | (11%) |
| Consolidated net worth^ | 10,993 | 10,241 | 7% |
| BVPS (Rs.)^ | 114.9 | 107.1 | 7% |
| Debt /equity^ | 1.0x | 1.1x | ~ |
| Cash and Cash equivalents | 2,753 | 2,955 | (7%) |
The press release and unaudited financial results are available on the company’s website www.jmfl.com.
Source: BSE
