Jio Financial ServicesNSE:JIOFIN -0.11%61 Gross Margin % is 85.06% as of Mar. 2026, which is 11% below its 10-year median of 95.21. GuruFocus rates NSE:JIOFIN with a GF Score™ of 61/100 and a GF Value™ of ₹793.62 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 547 Asset Management companies, Jio Financial Services ranks better than 75.87% on this metric.
Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.
Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %
1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key
Jio Financial Services had a gross margin of 85.06% for the quarter that ended in Mar. 2026 => Durable competitive advantage
Be Aware
If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.
Jio Financial Services Gross Margin % Related Terms
Jio Financial Services Gross Margin % Historical Data
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The historical data trend for Jio Financial Services's Gross Margin % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
NSE:JIOFIN vs BLK, BX, KKR: Gross Margin % Comparison
For the Asset Management subindustry, Jio Financial Services's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Jio Financial Services Gross Margin % vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Jio Financial Services's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Jio Financial Services's Gross Margin % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.
Jio Financial Services (NSE:JIOFIN) has a Gross Margin % of 85.06% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Jio Financial Services and its competitors. This is 11% below median its historical median of 95.21. Over the past decade, Jio Financial Services' Gross Margin % has ranged from 82.79 to 104.45. According to the industry distribution chart, Jio Financial Services ranks #132 out of 547 companies in the Asset Management industry, placing it in the top 24.1%.
Is Jio Financial Services' Gross Margin % too high?
Jio Financial Services' current Gross Margin % of 85.06% is 11% below median its 10-year median of 95.21. Over the past 10 years, this metric has ranged from a low of 82.79 to a high of 104.45. The Asset Management industry median Gross Margin % is 57.53. Jio Financial Services' value of 85.06% is 47.9% above this industry median. Based on the distribution chart, Jio Financial Services ranks #132 out of 547 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, Jio Financial Services has a GF Score™ of 61/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Jio Financial Services' Gross Margin % compare to BLK and BX?
According to the Asset Management industry distribution chart, Jio Financial Services ranks #132 out of 547 companies for Gross Margin %. This places Jio Financial Services in the top 24% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 57.53. Jio Financial Services' value of 85.06% is 47.9% above this benchmark. Historically, Jio Financial Services' own Gross Margin % has ranged from 82.79 to 104.45 over the past decade. While the company's 10-year median is 95.21 vs. the industry median of 57.53, Jio Financial Services has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for an Asset Management company?
The median Gross Margin % among Asset Management companies is 57.53, based on 547 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Jio Financial Services's current Gross Margin % of 85.06% is 47.9% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Jio Financial Services and its competitors. For the Asset Management industry, the median Gross Margin % is 57.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jio Financial Services's current Gross Margin % is 85.06%, which is 11% below median its own 10-year median of 95.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jio Financial Services stock overvalued right now?
Based on GuruFocus' analysis, Jio Financial Services (NSE:JIOFIN) is currently considered Possible Value Trap. The stock's GF Value™ is ₹793.62, compared to a current price of ₹236.44 — trading 70.2% below its estimated fair value. The current Gross Margin % is 85.06%, which is 11% below median its 10-year median of 95.21 and 47.9% above the Asset Management industry median of 57.53. Jio Financial Services' overall GF Score™ is 61/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Jio Financial Services (NSE:JIOFIN), the current Gross Margin % is 85.06% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Jio Financial Services (NSE:JIOFIN) Overvalued in 2026?
Based on GuruFocus' analysis, Jio Financial Services stock appears to be undervalued.
The current stock price of ₹236.44 is trading 70.2% below its estimated GF Value™ of ₹793.62.
GuruFocus considers Jio Financial Services to be Possible Value Trap.
Key valuation signals for NSE:JIOFIN:
Gross Margin %: 85.06% (11% below median its 10-year median of 95.21)
GF Value™: ₹793.62 vs. price of ₹236.44 (70.2% below fair value)
Industry Position: 47.9% above the Asset Management median (#132 of 547)
No single metric tells the full story. See the NSE:JIOFIN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Jio Financial Services Ltd is a core investment company, non-deposit taking, systemically important (CIC-ND-SI). Along with its subsidiaries, joint ventures, and associates, it is engaged in the business of Investing and Financing, mainly Leasing, Insurance broking, Payment Bank, Payment Aggregator, and Payment Gateway services.
61GF Score
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