Jio Financial Services (NSE:JIOFIN) Pretax Margin %: 39.19% (As of Mar. 2026) — 72% Below Median


NSE:JIOFIN Jio Financial Services Ltd NSE:JIOFIN
61 GF Score
Price ₹240.01
GF Value ₹794.56
Valuation Possible Value Trap
! 4 Warning Signs
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What is Jio Financial Services Pretax Margin %?

Jio Financial Services NSE:JIOFIN +1.51% 61 Pretax Margin % is 39.19% as of Mar. 2026, which is 72% below its 10-year median of 139.73. GuruFocus rates NSE:JIOFIN with a GF Score™ of 61/100 and a GF Value™ of ₹794.56 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 1,570 Asset Management companies, Jio Financial Services ranks worse than 60.38% on this metric.

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Jio Financial Services's Pre-Tax Income for the three months ended in Mar. 2026 was ₹3,385 Mil. Jio Financial Services's Revenue for the three months ended in Mar. 2026 was ₹8,639 Mil. Therefore, Jio Financial Services's pretax margin for the quarter that ended in Mar. 2026 was 39.19%.

The historical rank and industry rank for Jio Financial Services's Pretax Margin % or its related term are showing as below:

NSE:JIOFIN' s Pretax Margin % Range Over the Past 10 Years
Min: 56.78   Med: 139.73   Max: 332.64
Current: 69.07


NSE:JIOFIN's Pretax Margin % is ranked worse than
60.38% of 1570 companies
in the Asset Management industry
Industry Median: 89.62 vs NSE:JIOFIN: 69.07

Jio Financial Services  (NSE:JIOFIN) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.


Jio Financial Services Pretax Margin % Related Terms


Jio Financial Services Pretax Margin % Historical Data

* Premium members only.

The historical data trend for Jio Financial Services's Pretax 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.

Jio Financial Services Pretax Margin % Chart

Jio Financial Services Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 114.57 232.85 167.08 155.92 69.07

Jio Financial Services Quarterly Data
Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Pretax Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 125.59 100.61 97.74 54.07 39.19

NSE:JIOFIN vs BLK, BX, KKR: Pretax Margin % Comparison

For the Asset Management subindustry, Jio Financial Services's Pretax Margin %, along with its competitors' market caps and Pretax 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 Pretax Margin % vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Jio Financial Services's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Jio Financial Services's Pretax Margin % falls into.


NSE:JIOFIN
61GF Score
Jio Financial Services Ltd NSE:JIOFIN
Pretax Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Jio Financial Services Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

Jio Financial Services's Pretax Margin for the fiscal year that ended in Mar. 2026 is calculated as

Pretax Margin=Pre-Tax Income (A: Mar. 2026 )/Revenue (A: Mar. 2026 )
=19116.6/27678.5
=69.07 %

Jio Financial Services's Pretax Margin for the quarter that ended in Mar. 2026 is calculated as

Pretax Margin=Pre-Tax Income (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=3385.3/8638.6
=39.19 %

* 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.

Frequently Asked Questions Learn more about Pretax Margin % →
What does a Pretax Margin % of 39.19% mean?
Jio Financial Services (NSE:JIOFIN) has a Pretax Margin % of 39.19% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Jio Financial Services and its competitors. This is 72% below median its historical median of 139.73. Over the past decade, Jio Financial Services' Pretax Margin % has ranged from 56.78 to 332.64. According to the industry distribution chart, Jio Financial Services ranks #948 out of 1570 companies in the Asset Management industry, placing it in the top 60.4%.
Is Jio Financial Services' Pretax Margin % too high?
Jio Financial Services' current Pretax Margin % of 39.19% is 72% below median its 10-year median of 139.73. Over the past 10 years, this metric has ranged from a low of 56.78 to a high of 332.64. The Asset Management industry median Pretax Margin % is 89.62. Jio Financial Services' value of 39.19% is 56.3% below this industry median. Based on the distribution chart, Jio Financial Services ranks #948 out of 1570 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' Pretax Margin % compare to BLK and BX?
According to the Asset Management industry distribution chart, Jio Financial Services ranks #948 out of 1570 companies for Pretax Margin %. This places Jio Financial Services in the lower half of its industry. The industry median Pretax Margin % is 89.62. Jio Financial Services' value of 39.19% is 56.3% below this benchmark. Historically, Jio Financial Services' own Pretax Margin % has ranged from 56.78 to 332.64 over the past decade. While the company's 10-year median is 139.73 vs. the industry median of 89.62, 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 Pretax Margin % for an Asset Management company?
The median Pretax Margin % among Asset Management companies is 89.62, based on 1,570 companies in the industry. Companies in the top quartile (top 25%) have a Pretax Margin % significantly above this median, while those in the bottom quartile fall well below. However, Pretax Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Jio Financial Services's current Pretax Margin % of 39.19% is 56.3% 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 Pretax Margin % mean?
A high Pretax Margin % can signal that a stock is expensive relative to its fundamentals. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Jio Financial Services and its competitors. For the Asset Management industry, the median Pretax Margin % is 89.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jio Financial Services's current Pretax Margin % is 39.19%, which is 72% below median its own 10-year median of 139.73. 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 ₹794.56, compared to a current price of ₹240.01 — trading 69.8% below its estimated fair value. The current Pretax Margin % is 39.19%, which is 72% below median its 10-year median of 139.73 and 56.3% below the Asset Management industry median of 89.62. 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 Pretax Margin % calculated?
Pretax Margin % is calculated from a company's financial statements. For Jio Financial Services (NSE:JIOFIN), the current Pretax Margin % is 39.19% 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 ₹240.01 is trading 69.8% below its estimated GF Value™ of ₹794.56. GuruFocus considers Jio Financial Services to be Possible Value Trap.

Key valuation signals for NSE:JIOFIN:

  • Pretax Margin %: 39.19% (72% below median its 10-year median of 139.73)
  • GF Value™: ₹794.56 vs. price of ₹240.01 (69.8% below fair value)
  • GF Score™: 61/100 with 4 warning signs
  • Industry Position: 56.3% below the Asset Management median (#948 of 1570)

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 Business Description

Other Exchanges 543940:India
Address Bandra Kurla Complex, 1st Floor, Building 4NA, Maker Maxity, Bandra East, Mumbai, MH, IND, 400051
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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Pretax Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹240.01
Price
₹794.56
GF Value