Jio Financial Services Share Price Target 2025, 2026, 2027, 2028, 2029, 2030 And 2040

Jio Financial Services Ltd. (JFSL) is a rapidly growing player in India’s financial services industry. Leveraging the strengths of its parent company, Reliance Industries, JFSL has become a prominent name in fintech, offering innovative solutions. This blog provides a detailed analysis of its share price details, company overview, business operations, peer comparison, and Jio Financial Services Share Price Target for the years 2024 to 2040.

Jio Financial Services Share Price Details

Period	High (₹)	Low (₹)
52-Week	394.70	215.10
Current Price (November 2024)	317.55	N/A

The fluctuations reflect growing investor interest and market volatility as the company establishes itself in the financial sector.

Jio Financial Services Company Details

Founded	1999 (Rebranded in 2023)
Headquarters	Mumbai, India
Market Capitalization (₹ Cr.)	199,366 (as of November 2024)
Chairman	K.V. Kamath
Managing Director	Hitesh Kumar Sethia
Core Services	Payments, insurance broking, NBFC services, asset management

JFSL was demerged from Reliance Industries in August 2023, with shareholders receiving shares on a 1:1 basis. The company operates through key subsidiaries such as Jio Payments Bank, Jio Insurance Broking, and the Jio BlackRock Asset Management JV, offering a comprehensive suite of financial solutions.

Jio Financial Services Business Overview

JFSL aims to redefine financial services in India with technology-driven offerings. Key business areas include:

• Digital Payments: Seamless payment solutions via Jio Payments Bank.
• Insurance Broking: Offering a diverse range of insurance products.
• NBFC Services: Providing consumer and business loans.
• Asset Management: Wealth management and investment services via the Jio BlackRock JV.

The JioFinance app integrates payments, loans, and insurance offerings, reflecting the company’s digital-first approach.

Jio Financial Services Shareholding Pattern

Category	Shareholding (%)
Promoters	47.12%
Foreign Institutional Investors (FIIs)	16.88%
Domestic Institutional Investors (DIIs)	11.49%
Public (Retail Investors)	24.50%

The shareholding pattern reflects a balanced mix of promoter control and institutional and retail investor participation.

Jio Financial Services Share Price Target (Month-Wise)

Below is a detailed month-wise share price target for Jio Financial Services from 2024 to 2040:

Jio Financial Services Share Price Target 2024

Month	Price (₹)
January	320
February	330
March	340
April	350
May	360
June	370
July	380
August	390
September	400
October	410
November	415
December	423

Jio Financial Services Share Price Target 2025

Month	Price (₹)
January	430
February	440
March	450
April	460
May	470
June	480
July	490
August	500
September	520
October	540
November	560
December	575

Jio Financial Services Share Price Target 2026

Month	Price (₹)
January	580
February	590
March	600
April	610
May	620
June	630
July	640
August	650
September	655
October	660
November	665
December	675

Jio Financial Services Share Price Target 2027

Month	Price (₹)
January	680
February	690
March	700
April	710
May	720
June	730
July	740
August	750
September	755
October	760
November	765
December	770

Jio Financial Services Share Price Target 2028

Month	Price (₹)
January	780
February	790
March	800
April	810
May	820
June	830
July	840
August	850
September	860
October	865
November	870
December	875

Jio Financial Services Share Price Target 2029

Month	Price (₹)
January	880
February	890
March	900
April	910
May	920
June	930
July	940
August	950
September	960
October	970
November	980
December	990

Jio Financial Services Share Price Target 2030

Month	Price (₹)
January	1,000
February	1,020
March	1,040
April	1,060
May	1,080
June	1,100
July	1,120
August	1,130
September	1,140
October	1,150
November	1,160
December	1,170

Jio Financial Services Share Price Target 2040

Month	Price (₹)
January	2,200
June	2,400
December	4,040

Peer Comparison

Company	Market Cap (₹ Cr.)	P/E Ratio	P/B Ratio	ROE (%)
Jio Financial Services	199,366	132.40	1.51	1.15
Bajaj Finserv	280,000	34.83	2.80	13.50
Shriram Finance	100,000	16.37	2.53	15.04
Chola Investment	80,000	33.55	6.26	17.45

FAQs

1. What is the share price target for JFSL in 2024?
The share price is expected to reach ₹423 by December 2024.

2. Why is JFSL trading at a high P/E ratio?
JFSL’s high P/E ratio reflects market optimism about its growth, driven by innovative fintech solutions and strategic partnerships.

3. How does JFSL compare to peers?
While JFSL shows high revenue growth potential, its profitability metrics like ROE and net profit margin are currently lower than peers like Bajaj Finserv.

Final Words

Jio Financial Services Ltd. is poised to revolutionize India’s financial sector with its digital-first approach. The detailed month-wise targets reflect steady growth, making it a promising long-term investment.