Jm Financial Limited

Holding company for operating entities in investment banking, wealth management, and private equity.

1986 | Mumbai, Maharashtra (India) | Active
Last Updated: November 16, 2024

Jm Financial Profile

Key Indicators

  • Authorised Capital ₹ 195.82 Cr
  • Paid Up Capital ₹ 95.58 Cr
  • Company Age 39 Year, 21 Days
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 9.13 Cr
  • Revenue Growth -21.15%
  • Profit Growth -16.69%
  • Ebitda -23.98%
  • Net Worth 2.15%
  • Total Assets 1.15%

About Jm Financial

Jm Financial Limited (JFL) is a leading Public Limited Indian Non-Government Company incorporated in India on 30 January 1986 and has a history of 39 years. Its registered office is in Mumbai, Maharashtra, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 523405 and on the National Stock Exchange(NSE) under JMFINANCIL.

The Corporate was formerly known as J.M Share & Stock Brokers Limited. The Company is engaged in the Financial Services Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 195.82 Cr and a paid-up capital of Rs 95.58 Cr.

The company currently has active open charges totaling ₹9.13 Cr.

The Key Managerial Personnel (KMP) at Jm Financial Limited India are Dimple Mehta as COMPANY SECRETARY and Nishit Shah as Cfo. Nimesh Kampani, Vishal Kampani, Palamadai Jayakumar, and Six other members serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    jmfl.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L67120MH1986PLC038784

  • Company No.

    038784

  • Stock Symbol

    BSE : 523405 NSE : JMFINANCIL

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    30 Jan 1986

  • Date of AGM

    06 Aug 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Mumbai

Industry

Financial Services

What products or services does Jm Financial Limited offer?

Jm Financial Limited offers a wide range of products and services, including Stock Trading/Money Market, Currency Trading Services, Financial Service, Private Equity Services, Real Estate Agent, Real Estate Consulting Service, Share Trading Services, Equity Fund Service, Banking Service, Investment Banks.

Who are the key members and board of directors at Jm Financial?

Executive Team (3)

NameDesignationAppointment DateStatus
Adi Patel Country flag representing In Managing Director01-Oct-2021Current
Dimple Mehta Country flag representing In Company Secretary01-Apr-2023Current
Nishit Shah Country flag representing In CFO01-Oct-2023Current

Board Members (8)

NameDesignationAppointment DateStatus
Sumit Bose Country flag representing In Director 24-May-2022Current
Roshini Bakshi Country flag representing In Director 09-Dec-2021Current
Nimesh Kampani Country flag representing In Director 12-Jun-1987Current
Vishal Kampani Country flag representing In Director 03-Feb-2016Current
Palamadai Jayakumar Country flag representing In Director 30-Jul-2020Current
Navroz Udwadia Country flag representing In Director 09-Dec-2021Current

Financial Performance of Jm Financial.

Jm Financial Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 21.15% decrease. The company also saw a substantial fall in profitability, with a 16.69% decrease in profit. The company's net worth moved up by a moderate rise of 2.15%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-21.15%
Revenue from Operations
-40.05%
Total Assets
1.15%
Profit or Loss
-16.69%
Net Worth
2.15%
EBITDA
-23.98%

What is the Ownership and Shareholding Structure of Jm Financial?

In 2023, Jm Financial had a promoter holding of 56.49% and a public holding of 43.51%. The company had 12 Subsidiaries and 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹9.13 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Icici Ltd : 4.50 Cr
  • The Industrial Credit & Investment Corpn Of India Ltd : 4.03 Cr
  • Indian Bank : 0.60 Cr

Latest Charge Details

DateLenderAmountStatus
12 Oct 1994The Industrial Credit & Investment Corpn Of India Ltd₹2.50 MOpen
08 Feb 1994The Industrial Credit & Investment Corpn Of India Ltd₹1.25 CrOpen
28 Sep 1993The Industrial Credit & Investment Corpn Of India Ltd₹2.50 CrOpen
04 Jul 1991Icici Ltd₹4.50 CrOpen
04 Jul 1991The Industrial Credit & Investment Corpn Of India Ltd₹0.30 MOpen

How Many Employees Work at Jm Financial?

Jm Financial has a workforce of 246 employees as of Apr 05, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Jm Financial, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Jm Financial's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Jm Financial

Recent activity within the organization

  • Annual General Meeting

    Jm Financial Limited last Annual general meeting of members was held on 06 Aug 2024 as per latest MCA records.

    06 Aug 2024

  • Balance Sheet

    Jm Financial Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Director Appointment

    Sumit Bose was appointed as a Director was appointed as a Director on 24 May 2022 & has been associated with this company since 2 years 8 months .

    24 May 2022

  • Director Appointment

    Pradip Manilal Kanakia was appointed as a Director was appointed as a Director on 07 Feb 2022 & has been associated with this company since 3 years 13 days .

    07 Feb 2022

  • Director Appointment

    Roshini Hemant Bakshi was appointed as a Director was appointed as a Director on 09 Dec 2021 & has been associated with this company since 3 years 2 months .

    09 Dec 2021

  • Director Appointment

    Navroz Darius Udwadia was appointed as a Director was appointed as a Director on 09 Dec 2021 & has been associated with this company since 3 years 2 months .

    09 Dec 2021

Frequently asked questions

  • Jm Financial Limited was incorporated on 30 Jan 1986.

  • The authorized share capital of Jm Financial Limited is ₹ 195.82 Cr and paid-up capital is ₹ 95.58 Cr.

  • Currently 11 directors are associated with Jm Financial Limited.

    • Nimesh Nagindas Kampani
    • Vishal Nimesh Kampani
    • Palamadai Sundararajan Jayakumar
    • Roshini Hemant Bakshi
    • Adi Rusi Patel
    • Navroz Darius Udwadia
    • Dimple Mayank Mehta
    • Pradip Manilal Kanakia
    • Jagi Mangat Panda
    • Nishit Ashwin Shah
    • Sumit Bose
  • As per Ministry of Corporate Affairs (Mca), the registered address of Jm Financial Limited is 7Th Floor Cnergy, Appasaheb Marathe Marg Prabhadevi India, Mumbai, Maharashtra, 400025.

  • The corporate identification number (CIN) of Jm Financial Limited is L67120MH1986PLC038784 and the company number is 038784 as per Ministry of Corporate Affairs (MCA).

  • Yes, Jm Financial Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): JMFINANCIL.

  • The Official website of Jm Financial Limited is https://www.jmfl.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Jm Financial Limited has fallen by -21.15%.

  • As Per 2023 financial reports, 246 employees are currently employed by Jm Financial Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Jm Financial Limited has experienced an upsurge of 2.15%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Jm Financial Limited amount to ₹ 9.13 Cr.

  • The most recent Balance Sheet for Jm Financial Limited was filed with the ROC on 31 Mar 2024.

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