Hi, welcome to another blog post Jio Financial Services (JIO FSL) Share Price Target 2024, 2025, till 2030. in this post, we are predicting io Financial Services (JIO FSL) Share Price based on its fundamental and financial analysis. After reading this post you can understand the future growth potential of Jio Financial Services (JIO FSL).
Jio Financial Services (JIO FSL) child company of Reliance Industries operated under various names since 1999, but in July 2023 the company became an independent non-banking financial services company.
Jio Financial Services (JIO FSL) is a holding company for including:
Jio Finance Limited (JFL): NBFC offers various financial products.
Jio Payments Bank Limited (JPBL): Registered payments bank.
Jio Insurance Broking Limited (JIBL): Offers insurance broking services.
Jio Payment Solutions Limited (JPSL): Provides payment solutions.
Products and services of Jio Payment Solutions Limited
Jio FSL operates as a holding company for several subsidiaries, each offering distinct products and services.
Jio Finance Limited (JFL):
This subsidy company offers personal loans, Consumer durable loans, and Trade credit facility loans for both individuals and businesses.
Jio Payment Bank Ltd. (JPBL):
This subsidy company offers savings accounts, digital payments, a money transfer facility, and a bill payment facility to cater to basic banking needs and promote digital financial inclusion.
Jo Insurance Broking Ltd. (JIBL):
This subsidy company is offering insurance brokerage service, life insurgence service, and general insurance service for individuals and businesses to explore and compare insurance options.
Jio Payment Solutions Ltd. (JPSL):
The company engaged in Merchant payment solutions to provide various payment acceptance solutions for businesses, including point-of-sale (POS) terminals and online payment gateways.
Management of Jio Financial Services (JIO FSL)
Mr. Kundapur Vaman Kamath is the Chairman of the company and has worked experience in Infosys and ICICI Bank.
Mr. Hitesh Kumar Sethia is the president and CEO of the company and has over 20 years of experience in Financial services at ICICI Bank.
Fundamentals of f Jio Financial Services (JIO FSL)
| Sector | Finance |
| Market Cap | 2,12,136.16 Cr. |
| PE | 6786.59 |
| PB | 810.27 |
| Dividend Yield | 1317.76% |
| Book Value | 38.34 |
| Operating Revenue | 41.63 Cr. |
| Net Profit | 31.25 Cr. |
| EPS | 0.05 |
| Sales Growth | 1317.76% |
| Profit Growth | 81.40% |
| ROE | 0.31% |
| ROCE | 0.37% |
Fundamental Analysis of Jio Financial Services (JIO FSL)
The income of the company shows positive tends with 71.99% at 1 year.
The profit growth of the company is 81.4% in 1 year.
The ROE of the company is 0.31%, indicating poor return on share holder investment.
Share Holding Pattern Of Jio Financial Services (JIO FSL)
| Category | Holding (%) | Number of Shares |
| Promoters | 47.12% | 1,398,460,000 |
| Foreign Institutional Investors (FIIs) | 0.01% | 949,642 |
| Banks | 0.04% | 2,703,756 |
| Other Financial Institutions | 0.00% | 42,090 |
| Institutional Investors | 0.05% | 3,695,488 |
| Mutual Funds | 4.91% | 146,222,284 |
| Retail Individual Investors | 47.92% | 1,407,024,326 |
Promoters (Reliance Industries): Hold the majority stake with 47.12%.
Institutional Investors: Currently hold a minor share, but their presence may increase over time.
Mutual Funds: Hold a relatively small portion compared to promoters and retail investors.
Retail Investors: Constitute a significant portion of the shareholder base with 47.92%.
Jio Financial Services (JIO FSL) Share Price Targets
| Year | Minimum | Maximum |
| 2024 | 295 | 350 |
| 2025 | 339 | 392 |
| 2026 | 381 | 434 |
| 2027 | 424 | 503 |
| 2028 | 487 | 581 |
| 2029 | 563 | 640 |
| 2030 | 622 | 724 |
Jio Financial Services (JIO FSL) Share Price Target 2024
The bullish sentiment of stock will likely stay the same with some consolidation in the beginning few months. As per historical data, the minimum share price target in 2024 for Jio Financial Services (JIO FSL) is expected to be 295 and the maximum price target for 2024 will be 350.
Read more: Fundamentally Strong but Undervalued Stocks in India in 2024
Jio Financial Services (JIO FSL) Share Price Target 2025
The company has strong financial performance in recent years, this may continue in future also, so we are projecting the minimum share price target in 2025 for Jio Financial Services (JIO FSL) is expected to be 339 and the maximum price target for 2025 will be 392.
Jio Financial Services (JIO FSL) Share Price Target 2026
The govt of is promoting a digital payment system in recent years, and the company is engaged in digital payment solutions for individuals as well as businesses so we are projecting the minimum share price target in 2026 for Jio Financial Services (JIO FSL) is expected to be 381 and the maximum price target will be 434.
Jio Financial Services (JIO FSL) Share Price Target 2027
The Indian insurance sector is composed of significant growth driven by a young population, rising income, and government initiatives. This will boost the company’s performance in the future so we are projecting the minimum share price target in 2027 for Jio Financial Services (JIO FSL) is expected to be 424 and the maximum price target will be 503.
Jio Financial Services (JIO FSL) Share Price Target 2028
The company is also offering various loans like personal loans, and business loans. As the emerging economy the loan requirement will push the company growth in the future so we are projecting the minimum share price target in 2028 for Jio Financial Services (JIO FSL) is expected to be 487 and the maximum price target will be 581.
Jio Financial Services (JIO FSL) Share Price Target 2029
The minimum share price target in 2029 for Jio Financial Services (JIO FSL) is expected to be 563 and the maximum price target will be 640.
Jio Financial Services (JIO FSL) Share Price Target 2030
The minimum share price target in 2030 for Jio Financial Services (JIO FSL) is expected to be 622 and the maximum price target will be 724.
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Conclusion:
Jio Financial Services (JIO FSL) has a strong brand association with Reliance industries with an experienced management team. The company has a diverse product portfolio with positive growth trends in income and profit. Consider all parameters and market trends before investment.
