Finance · NSE: JIOFIN
Intrynsic's multi-model valuation estimates Jio Financial Services Limited's fair value at ₹101 per share (range ₹101–₹174) against a market price of ₹205 (close of 23 Oct 2026): the estimate is 51% below the price. Estimate updated 23 October 2026. This is an estimated fair value based on stated assumptions, not investment advice.
Market price
₹205
close of 23 Oct 2026
Est. fair value
₹101
₹101–₹174
Estimate vs price
-50.6%
estimate below price
Above fair-value est.
Jio Financial Services is Reliance's financial arm, building lending, insurance and payments businesses on the Jio customer base. It was spun off from Reliance Industries in 2023.
FY26
FY26
FY26
FY26
Over the last 3 years, revenue grew 327.4%/yr and profit grew 269.3%/yr. Over 7 years, revenue grew 174.4%/yr and profit 158.9%/yr.
Every ₹100 of shareholder money earned ₹1.2 in profit last year, vs a sector median of 10.8%.
Borrowing is core to a lender's business model — judge it on profitability and consistency instead.
The market price is above our estimated fair-value range (based on stated assumptions).
Returns on equity varied by about 2.7 percentage points over the last 5 years — steady.
Intrynsic's multi-model valuation estimates Jio Financial Services Limited's fair value at ₹101 per share (range ₹101–₹174), last updated 23 October 2026. This is an estimate based on stated assumptions, not investment advice.
Jio Financial Services Limited trades at ₹205 against Intrynsic's estimated fair value of ₹101 - the market price is 51% above the estimate, i.e. above our estimated fair-value range. Different assumptions produce different estimates; see the model breakdown above.
Jio Financial Services Limited trades at about 83.3 times its latest annual earnings per share.
Jio Financial Services is Reliance's financial arm, building lending, insurance and payments businesses on the Jio customer base. It was spun off from Reliance Industries in 2023.
Intrynsic runs 2 valuation models for Jio Financial Services Limited (SOTP, P/B + Excess Return) and blends them into one estimated fair-value range. Every assumption - growth, discount rate, terminal value - is shown openly on this page.
Disclaimer: Intrynsic provides educational and informational analysis only. Fair-value figures are estimates based on stated assumptions- they are not investment advice, research recommendations, or an offer to transact in any security. The models rely on assumptions (discount rates, growth, multiples) that may prove wrong and on past financials, which do not guarantee future results; prices also move on macro factors the models don't capture. Intrynsic is not a SEBI-registered investment adviser or research analyst. Markets carry risk; please do your own research or consult a registered adviser before making investment decisions. Prices shown may be delayed end-of-day values. Terms · Privacy