Jio Financial ServicesNSE:JIOFIN +0.23%61 Net Margin % is 31.51% as of Mar. 2026, which is 74% below its 10-year median of 119.00. GuruFocus rates NSE:JIOFIN with a GF Score™ of 61/100 and a GF Value™ of ₹788.96 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 1,576 Asset Management companies, Jio Financial Services ranks worse than 61.55% on this metric.
The historical rank and industry rank for Jio Financial Services's Net Margin % or its related term are showing as below:
NSE:JIOFIN'
s Net Margin % Range Over the Past 10 Years
Min: 56.39 Med: 119 Max: 394.61
Current: 56.39
NSE:JIOFIN's Net Margin % is ranked worse than 61.55% of 1576
companies
in the Asset Management industry
Industry Median: 84.895
vs NSE:JIOFIN: 56.39
Jio Financial Services (NSE:JIOFIN) Net Margin % Explanation
Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.
But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.
Jio Financial Services Net Margin % Related Terms
Jio Financial Services Net Margin % Historical Data
* 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: Net Margin % Comparison
For the Asset Management subindustry, Jio Financial Services's Net Margin %, along with its competitors' market caps and Net 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 Net Margin % vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Jio Financial Services's Net Margin % distribution charts can be found below:
* The bar in red indicates where Jio Financial Services's Net 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.
Jio Financial Services (NSE:JIOFIN) has a Net Margin % of 31.51% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Jio Financial Services and its competitors. This is 74% below median its historical median of 119.00. Over the past decade, Jio Financial Services' Net Margin % has ranged from 56.39 to 394.61. According to the industry distribution chart, Jio Financial Services ranks #970 out of 1576 companies in the Asset Management industry, placing it in the top 61.5%.
Is Jio Financial Services' Net Margin % too high?
Jio Financial Services' current Net Margin % of 31.51% is 74% below median its 10-year median of 119.00. Over the past 10 years, this metric has ranged from a low of 56.39 to a high of 394.61. The Asset Management industry median Net Margin % is 84.90. Jio Financial Services' value of 31.51% is 62.9% below this industry median. Based on the distribution chart, Jio Financial Services ranks #970 out of 1576 companies in the Asset Management industry, which is below the industry midpoint. 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' Net Margin % compare to BLK and BX?
According to the Asset Management industry distribution chart, Jio Financial Services ranks #970 out of 1576 companies for Net Margin %. This places Jio Financial Services in the lower half of its industry. The industry median Net Margin % is 84.90. Jio Financial Services' value of 31.51% is 62.9% below this benchmark. Historically, Jio Financial Services' own Net Margin % has ranged from 56.39 to 394.61 over the past decade. While the company's 10-year median is 119.00 vs. the industry median of 84.90, Jio Financial Services has consistently been below 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 Net Margin % for an Asset Management company?
The median Net Margin % among Asset Management companies is 84.90, based on 1,576 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Jio Financial Services's current Net Margin % of 31.51% is 62.9% below 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 Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on Jio Financial Services and its competitors. For the Asset Management industry, the median Net Margin % is 84.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jio Financial Services's current Net Margin % is 31.51%, which is 74% below median its own 10-year median of 119.00. 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 ₹788.96, compared to a current price of ₹239.43 — trading 69.7% below its estimated fair value. The current Net Margin % is 31.51%, which is 74% below median its 10-year median of 119.00 and 62.9% below the Asset Management industry median of 84.90. 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 Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Jio Financial Services (NSE:JIOFIN), the current Net Margin % is 31.51% 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 ₹239.43 is trading 69.7% below its estimated GF Value™ of ₹788.96.
GuruFocus considers Jio Financial Services to be Possible Value Trap.
Key valuation signals for NSE:JIOFIN:
Net Margin %: 31.51% (74% below median its 10-year median of 119.00)
GF Value™: ₹788.96 vs. price of ₹239.43 (69.7% below fair value)
Industry Position: 62.9% below the Asset Management median (#970 of 1576)
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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