JM Financial Share Price Target 2025, 2026, 2030, 2040, 2050
JM Financial is a famous finance company. It provides financial services such as investment banking, home loans, wealth management, and asset management. The company works with many types of clients, like big businesses, institutions, and wealthy people. It has different branches and partner companies that handle various parts of its work. It is well known for its investment banking services, where it helps companies raise money, handle mergers, and trade in the stock market. It also offers home loans to people and builders, manages clients’ money through wealth management and mutual funds, and deals with bad loans through its credit services.
- 1 What is JM Financial Ltd NSE: JMFINANCIL?
- 2 JM Financial Share Price Target
- 3 JM Financial Share Price Target 2025
- 4 JM Financial Share Price Target 2026
- 5 Share Price Target 2027
- 6 Share Price Target 2028
- 7 Share Price Target 2029
- 8 JM Financial share price Target 2030
- 9 Share Price Target 2040
- 10 Share Price Target 2050
- 11 Should I buy JM Financial stock?
- 12 JM Financial earnings results
- 13 Is JM Financial stock good to buy? (bull case & bear case)
- 14 Bear Case:
- 15 Conclusion
- 16 FAQs
What is JM Financial Ltd NSE: JMFINANCIL?
JM Financial established in 1973 in Mumbai, India, by Nimesh Kampani. It is one of India’s leading finance companies, it offers many financial services like investment banking, wealth management, asset management, home loans, and business loans. It helps companies raise money, manage business deals, and provides loans to people and organisations. It also manages mutual funds and different investment plans for its clients. The company is well-known and trusted because of its long experience in India’s financial market.
The company began as a small advisory firm in Mumbai but soon grew to provide services like investment banking, wealth management, and loans. By the time it became a trusted and well-known brand for its honesty, smart ideas, and good performance. Today, it has grown even more and works through several group companies, each handling different financial services, making it a complete financial service provider. In 2025, its share price target would be ₹268, as per stock market analysts.
According to stock market analysts, its share price would be between ₹80 to ₹268 in 2025.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2025 | 80 | 268 |
| Month | Minimum Price (Rs) | Maximum Price (Rs) |
| January | 95 | 135 |
| February | 91 | 118 |
| March | 83 | 102 |
| April | 80 | 107 |
| May | 96 | 131 |
| June | 126 | 165 |
| July | 154 | 181 |
| August | 149 | 199 |
| September | 157 | 195 |
| October | 143 | 221 |
| November | 139 | 240 |
| December | 135 | 268 |
It also helps clients issue shares and bonds in the market. Its investment banking team is known for handling big deals and giving smart advice to large companies, government organisations, and investors. The company understands the Indian market well and has strong relationships with many clients, which makes it a trusted choice for financial help. Its experienced team works carefully and professionally, giving clients confidence to grow their business. In 2026, its share price target would be ₹423, as per stock market analysts.
Its share price would be between ₹240 to ₹423 in 2026, as per stock market analysts.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2026 | 240 | 423 |
| Month | Minimum Price (Rs) | Maximum Price (Rs) |
| January | 240 | 283 |
| February | 249 | 300 |
| March | 257 | 314 |
| April | 263 | 325 |
| May | 279 | 347 |
| June | 286 | 365 |
| July | 298 | 374 |
| August | 310 | 385 |
| September | 324 | 397 |
| October | 337 | 408 |
| November | 352 | 414 |
| December | 360 | 423 |
The company provides advice on where to invest, how to avoid risks, and how to reach financial goals. It offers options like mutual funds, bonds, portfolio management, and other types of investments. The wealth management team works closely with clients, understands their needs, and builds long-term relationships. The main goal is to protect clients’ money while helping it grow, making JM Financial a trusted name in wealth management in India. In 2027, its share price target would be ₹564, as per stock market analysts.
According to stock market analysts, its share price would be between ₹400 to ₹564 in 2027.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2027 | 400 | 564 |
It also gives home loans and housing finance. This part of the company provides loans to people who want to buy or build a home. It also gives loans to builders and developers for housing projects. The company focuses on affordable housing, helping middle-income families get loans at fair interest rates. It supports India’s growing housing market and helps many people achieve their dream of owning a home. In 2028, its share price target would be ₹709, as per stock market analysts.
Its share price would be between ₹534 to ₹709 in 2028, as per stock market analysts.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2028 | 534 | 709 |
It also provides alternative and distressed credit, which means giving money to companies or projects that might not get loans from regular banks. The company also helps to manage or recover bad loans. This business is riskier, but it can bring bigger rewards if handled carefully. It uses smart systems to study risks and make good lending decisions. This shows how the company uses its financial knowledge to turn difficult situations into chances to grow and succeed. In 2029, its share price target would be ₹847, as per stock market analysts.
According to stock market analysts, its share price would be between ₹681 to ₹847 in 2029.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2029 | 681 | 847 |
Its corporate advisory and capital markets division helps companies plan their financial strategies and raise funds. This includes services like mergers and acquisitions, restructuring, and stock market listings. It also guides with issuance of shares and bonds to the public or private investors. The company provides research and advice to both companies and institutional clients to make better investment decisions. In 2030, its share price target would be ₹1029, as per stock market analysts.
Its share price would be between ₹431 to ₹1029 in 2030, as per stock market analysts.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2030 | 824 | 1029 |
| Month | Minimum Price (Rs) | Maximum Price (Rs) |
| January | 824 | 871 |
| February | 835 | 890 |
| March | 841 | 900 |
| April | 850 | 914 |
| May | 857 | 923 |
| June | 868 | 935 |
| July | 884 | 947 |
| August | 897 | 958 |
| September | 910 | 979 |
| October | 924 | 990 |
| November | 937 | 1011 |
| December | 950 | 1029 |
It works with some smaller companies. Each focuses on one area, such as loans, investment banking, asset management, or home loans. The main company manages everything to make sure all parts work well together and the group stays balanced. This organised structure helps it serve clients better, lower risks, and take advantage of opportunities in different areas of India’s financial market. In 2040, its share price target would be ₹1662, as per stock market analysts.
According to stock market analysts, its share price would be between ₹1478 to ₹1662 in 2040.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2040 | 1478 | 1662 |
| Month | Minimum Price (Rs) | Maximum Price (Rs) |
| January | 1478 | 1530 |
| February | 1483 | 1547 |
| March | 1490 | 1558 |
| April | 1504 | 1567 |
| May | 1512 | 1581 |
| June | 1520 | 1598 |
| July | 1532 | 1600 |
| August | 1542 | 1612 |
| September | 1550 | 1624 |
| October | 1567 | 1635 |
| November | 1578 | 1645 |
| December | 1584 | 1662 |
It is one of India’s most trusted financial companies. It is known for offering many services and having strong management. The company works in both fee-based services, like giving financial advice, and lending services, which makes it stable and able to grow. As India’s economy grows, it is in a good position to benefit from more investments, real estate projects, and financial activities. In 2050, its share price target would be ₹2302, as per stock market analysts.
Its share price would be between ₹2122 to ₹2302 in 2050, as per stock market analysts.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2050 | 2122 | 2302 |
| Month | Minimum Price (Rs) | Maximum Price (Rs) |
| January | 2122 | 2178 |
| February | 2140 | 2190 |
| March | 2157 | 2200 |
| April | 2163 | 2210 |
| May | 2170 | 2217 |
| June | 2182 | 2225 |
| July | 2193 | 2237 |
| August | 2188 | 2248 |
| September | 2210 | 2265 |
| October | 2235 | 2274 |
| November | 2241 | 2285 |
| December | 2252 | 2302 |
Should I buy JM Financial stock?
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2025 | 80 | 268 |
| 2026 | 240 | 423 |
| 2027 | 400 | 564 |
| 2028 | 534 | 709 |
| 2029 | 681 | 847 |
| 2030 | 824 | 1029 |
| 2040 | 1478 | 1662 |
| 2050 | 2122 | 2302 |
The company is a well-known financial firm in India that provides many services like investment banking, wealth and asset management, home loans, and special credit. Its investment banking has done well, but recent results showed a 21.5% drop in profit, and long-term sales growth has been slow. The stock price is reasonable, and experts see a chance of moderate gains.
JM Financial earnings results
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
| Sales + | 3,446 | 3,211 | 3,724 | 3,291 | 4,787 | 4,410 | 4,412 |
| Expenses + | 933 | 1,009 | 1,296 | 1,170 | 2,017 | 2,087 | 1,886 |
| Operating Profit | 2,513 | 2,202 | 2,429 | 2,120 | 2,770 | 2,323 | 2,526 |
| OPM % | 73% | 69% | 65% | 64% | 58% | 53% | 57% |
| Other Income + | 8 | 15 | 39 | 53 | -802 | 43 | 68 |
| Interest | 1,386 | 1,111 | 1,082 | 1,179 | 1,562 | 1,305 | 1,186 |
| Depreciation | 41 | 40 | 38 | 42 | 53 | 64 | 64 |
| Profit before tax | 1,094 | 1,067 | 1,348 | 953 | 353 | 997 | 1,344 |
| Tax % | 29% | 24% | 26% | 26% | 92% | 23% | |
| Net Profit + | 778 | 808 | 992 | 709 | 31 | 774 | 1,045 |
| EPS in Rs | 6.48 | 6.19 | 8.10 | 6.26 | 4.29 | 8.59 | 11.56 |
| Dividend Payout % | 3% | 8% | 20% | 29% | 47% | 31% |
Key Metrics
| TTM PE Ratio | PB Ratio | Dividend Yield | Sector PE | Sector PB | Sector Div Yld |
| 15.03 | 1.62 | 1.56% | 17.72 | 2.39 | 0.99% |
Peers & Comparison
| Stock | PE Ratio | PB Ratio | Dividend Yield |
| JM Financial Ltd | 20.20 | 1.62 | 1.56% |
| 360 One Wam Ltd | 47.17 | 6.78 | 0.49% |
| Angel One Ltd | 19.35 | 4.02 | 1.91% |
| IIFL Finance Ltd | 56.08 | 1.52 | — |
Is JM Financial stock good to buy? (bull case & bear case)

Bull Case:
- It made ₹1,276 crore in Q4 FY24, 46% more than last year.
- The company’s revenue in FY24 was ₹4,832 crore, up 45% from last year.
- It earned 90% more profit after tax in investment banking, reaching ₹706 crore in FY24.
- The company’s operating profit (EBITDA) in Q3 FY25 was ₹86.6 crore, with a 30.1% profit margin.
- It grew net interest income by 32% in Q4 FY25 to ₹250 crore.
- The company gave a dividend of ₹2.7 per share for Q4 FY25.
- It sold 2.1% of its home loans business to Bajaj Allianz Life for ₹65.5 crore.
Bear Case:
- It had a 35.7% drop in net profit in Q3 FY25, down to ₹207 crore.
- The company’s revenue in Q3 FY25 fell 10.5% to ₹1,106 crore.
- It was stopped by SEBI from managing public debt issues for three months until March 2025.
- It has a low Return on Capital Employed (ROCE) of 9.39% in FY25, which may concern some investors.
Conclusion
It is a well-known and trusted finance company in India. It provides many services like investment banking, managing wealth and assets, home loans, and special loans. It began as a small advisory firm but has grown into a big financial group with many smaller companies handling different services. The company has done well in investment banking and increased its revenue steadily, but it also faces challenges like recent profit drops, rules from regulators, and slow long-term growth. Overall, it is a strong and experienced company in India’s financial market, offering both opportunities and risks for investors depending on the situation.

