Overall Fundamental outlook

Business Operations:

Sector: Financial Services
Industry: Asset Management

Jio Financial Services Limited, through its subsidiaries, engages in the business of investing and financing, insurance broking, payment bank and payment aggregator, and payment gateway services in India. The company operates JioFinance App, a platform that provides digital banking, unified payments interface (UPI) transactions, bill payments, and insurance advisory; and provides asset management services, as well as operating lease solutions to consumers and businesses through a Device-as-a-Service model. It is also involved in consumer lending, and corporate and MSME lending activities; provision of digital banking services, including savings account, debit cards, current accounts, wallet, and online and offline payment solutions; and distribution of life, non-life, and health insurance products. The company was formerly known as Reliance Strategic Investments Limited and changed its name to Jio Financial Services Limited in July 2023. Jio Financial Services Limited was incorporated in 1999 and is based in Mumbai, India.

Revenue projections:

Revenue projections for JIOFIN
Revenue projections for JIOFIN

JIOFIN's revenue is forecasted to dip below last year's figures, raising concerns for investors who are typically wary of declining financial performance. Such drops can directly affect the company's bottom line, potentially leading to a decrease in overall profitability, making investors more cautious in their decisions.

Financial Ratios:

currentRatio 4.767000
forwardPE 74.448715
debtToEquity 3.215000
earningsGrowth 0.020000
revenueGrowth 0.109000
grossMargins 1.000000
operatingMargins 0.703040
trailingEps 2.540000
forwardEps 0.000000

JIOFIN's current ratio is 4.767, showing the company's capacity to service its short-term debt through its cash reserves and current assets. This is a positive indicator of liquidity, suggesting JIOFIN has no trouble covering its short-term financial obligations.
JIOFIN's elevated forward PE points to potential overvaluation, limiting further price gains and increasing the likelihood of a correction. This valuation metric must be assessed in conjunction with other fundamentals for a balanced investment outlook.
Positive gross and operating margins for Jio Financial Services Limited demonstrate the company's profitability. These margins reflect strong financial performance, with efficient operations contributing to the company's ability to generate consistent profits.

Price projections:

Price projections for JIOFIN
Price projections for JIOFIN



Insider Transactions:

Insider Transactions for JIOFIN
Insider Transactions for JIOFIN


3 transactions to buy JIOFIN shares were recorded, with market price at 299.1266682942708.No buy transactions were carried out during the period under review.JIOFIN's current price levels have seen more sells, possibly signaling bearish sentiment. If this trend remains unchanged, the stock could experience further declines as more investors opt to sell rather than hold their positions.

Recommendation changes over time:

Recommendations trend for JIOFIN
Recommendations trend for JIOFIN


The analysts' collective view on JIOFIN is mixed, with no consensus on whether to buy or sell. This lack of clarity signals potential uncertainty for investors, urging them to look for additional market data before deciding on their investment strategy.