- What is Jio Financial Services Ltd?
- Historical Performance of Jio Financial Services
- Jio Financial Share Price Target for 2024
- Jio Financial Share Price Target for 2025
- Jio Financial Share Price Target for 2027
- Jio Financial Share Price Target for 2030
- Jio Financial Share Price Target for 2040
- How to Purchase Jio Financial Shares
- Peer Comparison of Jio Financial Services Ltd
- Investor Types and Ratios
- Advantages and Disadvantages of Investing in Jio Financial Services
- FAQs
- Conclusion
When considering the best shares to invest in, one cannot overlook the potential of Jio Financial Services Ltd. In this blog, we will delve deep into the Jio Financial Services Share Price Target for the years 2024, 2025, 2027, 2030, and 2040. We’ve conducted thorough research and consulted financial experts to bring you insights into the company’s growth, financial performance, and future prospects.
What is Jio Financial Services Ltd?
Jio Financial Services Ltd (JFS) is a significant player in the financial sector, emerging from the shadows of its parent company, Reliance Industries. Originally known as Reliance Strategic Investments Limited, it was rebranded in July 2023 to better reflect its focus on non-banking financial services (NBFC). JFS offers a wide range of financial products, including personal loans, consumer durable loans, mutual funds, insurance, and payment solutions. Headquartered in Mumbai, JFS is poised to revolutionize the digital finance sector in India.
Company Name: Jio Financial Services Ltd Market Cap: ₹2,22,568.16 Crore Face Value: ₹10 52 Week High: ₹395.23 52 Week Low: ₹204.65 NSE Ticker: JIOFIN
HFS Market Presence JFS operates in multiple sectors, including digital banking, retail finance, and insurance services. The company’s diverse product range and technological advancements have positioned it as a leader in the market, particularly in the digital financial services industry.
Historical Performance of Jio Financial Services
Understanding the historical performance of JFS is crucial for predicting future trends. The company has demonstrated significant growth over the years, making it a potentially lucrative investment.
Period | Share Price Growth (%) | Share Price Increase (₹) |
Last 6 months | +23.19% | +62.19 |
Last 1 year | +125.98% | +201.45 |
Last 5 years | +1,215.90% | +231.45 |
Maximum Growth | +1,164.99% | +221.33 |
Jio Financial Share Price Target for 2024
JFS is poised to continue its growth trajectory in 2024. The company’s ongoing expansion in digital banking services, combined with its innovative products, positions it well for future success.
Month | Jio Financial Share Price Target 2024 |
August | ₹332.10 |
September | ₹345.02 |
October | ₹340.85 |
November | ₹352.15 |
December | ₹373.63 |
Financial Projections for 2024 Total Revenue (March 2024): ₹2,325.12 Crore ROE (Return on Equity): 10.46%
Jio Financial Share Price Target for 2025
In 2025, JFS is expected to capitalize on its strong position in digital banking services and its expanding mutual fund services. This growth is likely to reflect in its share price.
Month | Jio Financial Share Price Target 2025 |
January | ₹378.25 |
February | ₹392.12 |
March | ₹375.44 |
April | ₹385.23 |
May | ₹398.03 |
June | ₹415.66 |
July | ₹428.99 |
August | ₹435.10 |
September | ₹448.63 |
October | ₹453.02 |
November | ₹478.45 |
December | ₹485.23 |
Financial Projections for 2025 Profit Growth: 61.80% over 3 years Net Profit (March 2023): ₹95.12 Crore
Jio Financial Share Price Target for 2027
By 2027, JFS is expected to solidify its position in the market, particularly due to its strong promoter holding and expanding mutual fund services. This year is likely to see a significant rise in share prices.
Month | Jio Financial Share Price Target 2027 |
January | ₹705.12 |
February | ₹740.10 |
March | ₹690.52 |
April | ₹698.23 |
May | ₹715.74 |
June | ₹747.58 |
July | ₹785.96 |
August | ₹795.25 |
September | ₹810.77 |
October | ₹788.49 |
November | ₹793.00 |
December | ₹820.63 |
Financial Projections for 2027 Sales Growth: 11.52% over the last year Net Sales (March 2024): ₹605.12 Crore
Jio Financial Share Price Target for 2030
As we look towards 2030, JFS’s financial metrics such as PE ratio, P/B ratio, and book value suggest a strong growth trajectory. The company’s expansion and the growing interest in digital financial services will likely drive its stock price.
Month | Jio Financial Share Price Target 2030 |
January | ₹1,325.66 |
February | ₹1,356.12 |
March | ₹1,305.87 |
April | ₹1,325.40 |
May | ₹1,351.63 |
June | ₹1,368.02 |
July | ₹1,398.11 |
August | ₹1,420.45 |
September | ₹1,455.01 |
October | ₹1,478.22 |
November | ₹1,490.44 |
December | ₹1,525.10 |
Financial Projections for 2030 Promoter Holding: 59% – 60% Total Expenditure (March 2024): ₹473.01 Crore
Jio Financial Share Price Target for 2040
Looking two decades into the future, JFS is expected to be a dominant player across multiple industries, including construction, oil & gas, and solar energy. Its continued innovation and expansion into new sectors will likely result in a significant increase in share prices.
Month | Jio Financial Share Price Target 2040 |
January | ₹2,680.20 |
February | ₹2,695.45 |
March | ₹2,671.66 |
April | ₹2,699.01 |
May | ₹2,736.35 |
June | ₹2,754.01 |
July | ₹2,765.22 |
August | ₹2,714.01 |
September | ₹2,785.69 |
October | ₹2,796.36 |
November | ₹2,815.00 |
December | ₹2,850.10 |
Financial Projections for 2040 Tax Amount (March 2024): ₹27.82 Crore ROCE (Return on Capital Employed): 14.01%
How to Purchase Jio Financial Shares
Investing in Jio Financial shares is a straightforward process, and several platforms are available for purchasing these shares. Below are some of the most popular trading platforms in India:
- Zerodha
- Upstox
- Groww
- Angelone
Peer Comparison of Jio Financial Services Ltd
JFS competes with several other companies in the financial sector. Here’s a look at some of its key competitors:
- Exide Industries
- Indo-National
- Panasonic Energy
- Standard Batteries
Investor Types and Ratios
Understanding the types of investors and their ratios is crucial for analyzing the company’s growth potential.
Investor Type: Promoters Holding (59.08%), Public Holding (35.05%), FII (Foreign Institutional Investors) (5.00%), DII (Domestic Institutional Investors) (0.87%)
Advantages and Disadvantages of Investing in Jio Financial Services
Before making an investment decision, it’s essential to weigh the pros and cons.
- Profit Growth: The company’s profit growth over the last three years has been impressive, standing at 61.80%.
- Debt-Free Status: JFS is virtually debt-free, with a solid interest cover ratio of 21.89.
- Strong Promoter Holding: The promoter holding is robust, which often indicates confidence in the company’s future.
- Poor Revenue Growth: Despite its strengths, the company has shown poor revenue growth of 7.82% over the last three years.
- High EBITDA: The company has a high EBITDA margin, which can be a double-edged sword if not managed properly.
- Low ROE: The Return on Equity (ROE) has been relatively low over the last three years at 7.70%.
Also Read: IOCL Share Price Target 2024, 2025, 2027, 2030 and 2040
FAQs
Conclusion
Jio Financial Services Ltd is poised to become a leading player in the financial sector, backed by strong growth fundamentals and the support of Reliance Industries. The projected share price targets indicate a positive trend, making JFS a compelling choice for investors looking to capitalize on long-term growth in the financial sector. As always, investors should conduct thorough research and consult financial advisors before making investment decisions.
Disclaimer: This blog is for educational purposes only and should not be considered as financial advice. Always consult with a SEBI-registered advisor before making any investment decisions.
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