JM FINANCIAL LTD.-$ - 523405 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
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, please find the details of investor meeting held today. JM FINANCIAL LTD.-$ - 523405 - Announcement under Regulation 30 (LODR)-Earnings Call Transcript
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 are enclosing the transcript of the Earnings Conference Call of the Company held on May 25, 2022. The said transcript has also been uploaded by the Company on its website and the same is available at https://jmfl.com/investor-relation/financial-results.html. We request you to kindly take the above on your record. JM FINANCIAL LTD.-$ - 523405 - Compliances-Reg.24(A)-Annual Secretarial Compliance
Pursuant to the Regulation 24A of Securities Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we are enclosing a copy of the Secretarial Compliance Report for the financial year ended March 31, 2022 as received from MMJB & Associates LLP, Company Secretaries. We request you to kindly take the above compliance report on your record. JM FINANCIAL LTD.-$ - 523405 - Audio Recording Of Earnings Conference Call Held On May 25, 2022
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 captioned earnings call on its website and the same is available at https://jmfl.com/investor-relation/financial-results.html. We request you to kindly take the above on your record.
Emiza Supply Chain raises Rs 38 crore in funding round led by JM Financial
Proceeds from the investment will support augmentation of the existing technology infrastructure, foray into last-mile operations, and expansion of the company's operations into other geographies. JM FINANCIAL LTD.-$ - 523405 - Announcement under Regulation 30 (LODR)-Appointment of Statutory Auditor/s
We wish to inform you that BSR & Co. LLP, Chartered Accountants, (Firm Registration No. 101248W/W-100022) Mumbai who were appointed as the statutory auditors of the Company by the shareholders through postal ballot process on December 14, 2021, holds office, as such, up to the conclusion of the Thirty Seventh Annual General Meeting (the 'AGM'). The Board of Directors of the Company, at its meeting held on May 24, 2022, has appointed them as the statutory auditors under the applicable provisions of the Companies Act, 2013 subject to the approval of the shareholders of the Company. We request you to kindly take the above on your record and disseminate the same on your website, as you may deem appropriate. Q4FY22 Quarterly Result Announced for JM Financial Ltd.
Holding Companies' firm JM Financial declares Q4FY22 result: JM Financial’s consolidated net profit increased by 31.01% YoY for FY22. This is the highest ever annual operating net profit reported. The earnings per share for the year ended March 31, 2022 is Rs. 8.11. The consolidated net worth as at March 31, 2022 stands at Rs. 7,634 Cr and the gross debt equity (equity of Rs. 7,634 Cr + non-controlling interest of Rs. 2,820 Cr) ratio is 1.22 times. Cash and cash equivalents stands at Rs. 3,637 Cr. The book value per share is Rs. 80.01. Our consolidated loan book stood at Rs. 13,017 Cr as of March 31, 2022 compared to Rs. 11,240 Cr as of December 2021 and Rs. 10,854 Cr as of March 31, 2021. Gross NPA and Net NPA stood at 4.27% and 2.67% respectively as of March 31, 2022 compared to 4.39% and 2.76% respectively as of December 31, 2021 and 3.50% and 1.95% respectively as of March 31, 2021. The loan book under the Resolution Framework for Covid-19 announced by RBI stood at 0.81% as of March 31, 2022 (0.91% as of December 31, 2021). We have made additional gross provisions of Rs. 194 Cr on account of the uncertainties around Covid-19 for the year ended March 31, 2022, thereby taking the total provisions (net of reversals) to Rs. 500 Cr on account of the pandemic. Overall provisions on the loan book stood at 5.8% of the loan book as of March 31, 2022 as compared to 7.0% as of December 31, 2021 and 5.2% as of March 31, 2021. Commenting on the results and financial performance, Mr. Vishal Kampani, Non-executive Vice Chairman, JM Financial Limited, said, “We are pleased to achieve the highest ever annual operating consolidated net profit in FY22 on the back of strong capital markets business. Our robust balance sheet position has allowed us to deliver a strong loan book in quarter ended March 2022 especially in the bespoke and retail mortgages segment. Our real estate loan book witnessed a higher than normal level of prepayments. As equity markets turn volatile, tactically, we will in turn focus on credit markets both in our distribution and syndication business as well as growth in loan book. Our retail mortgage business is achieving critical size and scale. We have already expanded to around 55 locations and increased disbursements to over Rs. 220 Cr per quarter. We have crossed a critical milestone of over Rs.1,000 crore in loan book. We will continue to expand our presence in FY22- 23. We remain focused on serving our clients from an advisory, distribution and financing business.” Result PDF JM FINANCIAL LTD.-$ - 523405 - Announcement under Regulation 30 (LODR)-Scheme of Arrangement
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015, we wish to inform you that the Board of Directors of JM Financial Limited (the 'Company') at its meeting held today, has accorded its approval to the Scheme of Arrangement, the details of which are provided in the Annexure I hereto. The Scheme of Arrangement as above will be subject to the regulatory and other approvals, if any and to the extent required. We request you to disseminate the above information on your website.