Jio Finance Share Price: If you are planning to buy shares of Jio Finance, then it is very important for you to know about its stock price for the next few years. Therefore, in this article, we will tell you the Jio Finance Share Price Target From 2024 to 2030, which are suggested by analysts.
Jio Financial Services Ltd
Jio Finance is a subsidiary of Reliance Industries, which works in the field of financial services in India. Its main objective is to advance a digital finance revolution in the country. Jio Finance provides payment gateways, insurance, loans, and many financial services, which customers can easily access.
It provides the facility of sending money, bill payment, money transfer and online shopping through digital services. Jio Finance provides its customers with fast and secure transactions, so that you can settle financial work from home. Apart from this, it also offers personal loans, which are completely online, in which you do not have to pay much interest. Insurance services are also available through Jio Finance, which gives you the convenience of taking it anytime and anywhere.
The founder of Jio Finance is Mukesh Ambani, who has given Jio Finance a strong position in the digital sector of Reliance Industries. Its headquarters is located in Mumbai, Maharashtra, and it is important for its strong digital infrastructure to provide high quality services to its customers. Jio Finance uses advanced technology to protect customer data, and has developed a good support system for its users.
| Company Name | Jio Financial Services Ltd. |
| Founded | 1999 |
| Headquarters | Mumbai |
| Industry/Sector | Finance |
| Stock Exchange Listing | NSE & BSE |
| Official Website | jfs.in |
Talking about the development, Jio Finance received a very good response right after its launch, and after that the company has launched new services like digital gold, payments bank and various types of loans. Jio Finance has focused on expanding its services to small towns and rural areas of the country. The company has also partnered with banks, insurance companies and financial institutions to provide the best services to its customers.
Jio Finance Share Price Fundamental Analysis
| Metric | Value |
|---|---|
| Market Cap | ₹2,02,320.33 Cr. |
| ROE | 1.82% |
| ROCE | 2.16% |
| P/E | 385.49 |
| P/B | 8.15 |
| Industry P/E | 18.34 |
| Debt to Equity | 0 |
| Div. Yield | 0% |
| Book Value | ₹39.06 |
| Face Value | ₹10 |
| EPS (TTM) | ₹0.83 |
| 52 Week High | ₹394.70 |
| 52 Week Low | ₹215.10 |
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Jio Financial Services Ltd Financials
Income Statement
| METRIC | 2024 | Y/Y CHANGE |
|---|---|---|
| Revenue | 18.42B | +3,462.70% |
| Operating expense | 3.15B | +5,565.29% |
| Net income | 16.05B | +5,034.56% |
| Net profit margin | 87.13 | +44.11% |
| Earnings per share | — | — |
| EBITDA | — | — |
| Effective tax rate | 17.96% | — |
Balance Sheet
| METRIC | 2024 | Y/Y CHANGE |
|---|---|---|
| Cash and short-term investments | 59.35B | -42.12% |
| Total assets | 1.45T | +26.04% |
| Total liabilities | 57.15B | +606.12% |
| Total equity | 1.39T | — |
| Shares outstanding | 6.35B | — |
| Price to book | 1.37 | — |
| Return on assets | 1.24% | — |
| Return on capital | — | — |
Cash Flow
| (INR) | 2024 | Y/Y Change |
|---|---|---|
| Net income | 16.05B | +5,034.56% |
| Cash from operations | -6.78B | -132.97% |
| Cash from investing | 14.41B | +223.57% |
| Cash from financing | -7.53B | +15.29% |
| Net change in cash | 106.10M | -81.07% |
| Free cash flow | — | — |
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Jio Finance Share Price Target From 2024 to 2030
| Year | Jio Stock Target |
|---|---|
| Jio Finance Stock Target 2024 | ₹425 |
| Jio Finance Stock Target 2025 | ₹585 |
| Jio Finance Stock Target 2026 | ₹665 |
| Jio Finance Stock Target 2027 | ₹755 |
| Jio Finance Stock Target 2028 | ₹867 |
| Jio Finance Stock Target 2029 | ₹1000 |
| Jio Finance Stock Target 2030 | ₹1140 |
Jio Finance Share Price Target 2025
By 2025, the target is 585 INR. This means that the growth rate of Jio Finance has become a little faster. This growth can be due to increasing market share and expanding customer base. If the company plans any strategic partnership or acquisition, then this target can be achieved even easier.
Jio Finance Share Price Target 2026
This year, the target is 665 INR, which indicates that the company’s financial stability and performance have improved. Jio Finance is succeeding in overtaking its competitors. Financial reports and investor confidence can support the target.
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Jio Finance Share Price Target 2027
The target for 2027 is 755 INR. This means that the company has successfully executed its business model. If Jio Finance enters new markets or provides innovative solutions, this target can be achievable.
Jio Finance Share Price Target 2028
By this year, the price target is 867 INR. This growth depends on the company’s long-term strategies and customer loyalty. If Jio Finance keeps customer satisfaction in mind, there will be no problem in reaching the target.
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Jio Finance Share Price Target 2029
The target in 2029 is 1000 INR, which indicates that Jio Finance has strengthened its market position. This growth comes from new projects, technological advancements and strong financial performance. Investor confidence will also help in achieving the target.
Jio Finance Share Price Target 2030
This year, the target is 1140 INR, which indicates that Jio Finance has diversified its business. If the company expands globally or adopts innovative technologies, then this target is possible. This is a sign of long term growth.
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Jio Financial Services Ltd Shareholding Pattern
- Retail & Other: 23.44%
- Promoters: 47.12%
- Foreign Institution: 17.55%
- Mutual Funds: 4.04%
- Other Domestic Institution: 7.84%
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Jio Financial Services Ltd Competitors/Peer Companies
- Bajaj Finserv Ltd
- HDFC Ltd
- LIC Housing Finance Ltd
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Conclusion
Jio Finance has made an important place in the field of digital financial services in India. The company is growing rapidly through its strong technology, wide network and excellent customer service. Jio Finance aims to promote financial inclusion and provide accessible and safe financial services to every Indian.
In this article, we have discussed in detail Jio Finance Share Price Target, business model, founder, management, company profile, growth, and future plans. The main reason for the success of Jio Finance is its high quality services and its commitment towards its customers. In the future, Jio Finance has the potential to touch even new heights in the field of digital financial services.
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FAQs
-
Is Jio Financial Services a good buy?
Yes.
-
Can Jio Financial be a multibagger?
Yes.
-
Is Jio Financial Services profitable?
Yes.
-
Is Jio Financial overvalued?
Yes.
Disclaimer: The information given in this blog is for educational purposes only, and the targets mentioned in it are given as suggestions by market analysts. Therefore, before investing your money in any company, it is mandatory to get complete information about the company and consult your financial advisor.
