JM FINANCIAL LTD.-$ - 523405 - Announcement under Regulation 30 (LODR)-Earnings Call Transcript
Please find enclosed herewith the transcript of the Earnings Conference Call of the Company held on May 27, 2024.31-05-2024
31-05-2024
JM FINANCIAL LTD.-$ - 523405 - Compliances-Reg.24(A)-Annual Secretarial Compliance
Please find enclosed Annual Secretarial Compliance Report for the period ended March 31, 202430-05-2024
JM FINANCIAL LTD.-$ - 523405 - Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate
Intimation regarding issue of letter of confirmation for duplicate share certificates30-05-2024
JM FINANCIAL LTD.-$ - 523405 - Announcement under Regulation 30 (LODR)-Acquisition
We wish to inform you that the Issue and Allotment Committee of the Board of Directors of JM Financial Asset Reconstruction Company Limited, a subsidiary of the Company has allotted 35,73,66,435 equity shares of face value of Rs. 10/- each at an issue price of Rs. 15/- per share for an amount aggregating to Rs. 536.05 Crore, pursuant to the rights issue. A Detailed disclosure in this regard, is attached herewith.29-05-2024
JM FINANCIAL LTD.-$ - 523405 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with Para A of Part A of Schedule III thereto, we wish to inform you that the Company has uploaded the audio recording of the earnings conference call held today to discuss its financial performance for the last quarter and financial year ended March 31, 2024 along with the investors' presentation on the website of the Company at https://jmfl.com/investor-relation/financial-results.html We request you to kindly take the above on your record and disseminate the same on your website, as you may deem appropriate.27-05-2024
Q4FY24 Quarterly & FY24 Annual Result Announced for JM Financial Ltd.
Holding company JM Financial announced Q4FY24 & FY24 results: Revenue stood at Rs 1,276 crore with YoY increase of 46% for Q4FY24. Revenue for FY24 stood at Rs 4,832 crore with YoY increase of 45%. This is the highest annual operating revenue ever reported. PAT for Investment bank segment for FY24 stood at Rs 706 crore with YoY increase of 90% Integrated Investment Bank: Another strong quarter across the integrated investment bank. ROE for FY24 for the segment stood at ~25% Private Wealth AUM increased by 21% YoY to Rs 68,105 crore as of March 31, 2024 (Rs 56,515 crore respectively as of March 31, 2023) Wholesale mortgage lending: Strong repayments of Rs 2,542 crore during the quarter leading to reduction in loan book. Pre-Covid loan book stood at Rs 306 crore (2.4% of total loan book) as of March 31, 2024 (Rs 1,571 crore as of March 31, 2023) Retail mortgage lending: Highest ever quarterly disbursement of Rs 449 crore Branches expanded to 112 as of March 31, 2024 from 93 as of March 31, 2023 Loan book has increased by 52% YoY to Rs 2,104 crore as of March 31, 2024 (Rs 1,387 crore as of March 31, 2023) Platform AWS (Asset management, Wealth management and Securities business): Average daily turnover increased by 71% YoY to Rs 55,383 crore as of March 31, 2024 (March 31, 2023 - Rs 32,359 crore) Alternative and Distressed Credit: JM Financial Asset Reconstruction Company (JMFARC)’s AUM stood at Rs 14,500 crore as of March 31, 2024 (Rs. 13,558 crore as of March 31, 2023, increase of 7% YoY) During the quarter, recoveries stood at Rs 893 crore Commenting on the results and financial performance, Vishal Kampani, Non-executive Vice Chairman, JM Financial Limited, said, “The global economy has been facing numerous challenges in terms of geopolitical uncertainties, tight monetary policy, restricting credit conditions, etc. Despite a muted global macroeconomic environment, during the quarter ending March 2024 the domestic economy has managed to maintain the momentum on the back of softer core inflation, government’s thrust on capex and robust domestic demand. Healthy balance sheets of financial institutions have led to a broad-based credit growth. The equity market has demonstrated healthy performances on the back of macroeconomic stability and corporate earnings momentum. During FY24, we have reported our highest ever annual operating revenue and fees and brokerage income. We have had a strong performance in the capital markets business. FY24 RoE for the Investment Bank segment stood at ~25%. The equity AUM of the mutual fund business has crossed an important milestone of Rs 5,000 crore. We have further capitalized our retail mortgage business on the back of strong growth and performance. We welcome the strategic decisions taken by our Board and begin FY25 with a clear and consistent business strategy. We are focused to continue the growth momentum across our businesses in the midst of an evolving market scenario.” Result PDF27-05-2024
JM FINANCIAL LTD.-$ - 523405 - Announcement under Regulation 30 (LODR)-Investor Presentation
Please find enclosed herewith the copy of the Investor Presentation of the Company.25-05-2024
JM FINANCIAL LTD.-$ - 523405 - Submission Of Statement Of Utilisation Of Funds With Deviation/Variation, If Any
Please find enclosed Statement of Deviation/Variation, if any24-05-2024
JM FINANCIAL LTD.-$ - 523405 - Intimation Of Closure Of Register Of Members
Please find enclosed intimation of closure of register of members.24-05-2024
JM FINANCIAL LTD.-$ - 523405 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
Please find enclosed herewith a copy of the Press Release being issued by the Company.24-05-2024