JM Financial Limited — Investor Meet, 17-11-2025: Analysts/Institutional Investor Meet/Con. Call Updates

JM Financial's Q2FY26 net profit rose 16.3% YoY to Rs 270 Cr, with ROE reaching 14.4%. Net revenue stood at Rs 708 Cr.

Operational highlights include a strong Corporate Advisory pipeline with 56 IPOs over Rs 1.2 lakh Cr. Wealth Management's recurring AUM grew 26% YoY to Rs 32,021 Cr, adding 11 branches. Affordable Home Loans AUM expanded 28% YoY to Rs 3,031 Cr, focusing on ticket sizes below Rs 0.1 Cr.

Strategically, the non-core loan book significantly reduced by 59% YoY to Rs 2,312 Cr, with further expected rundown. An interim dividend of Rs 1.5 per share was announced.