JM Financial (NSE:JMFINANCIL) Research & Development: ₹0 Mil (TTM As of Mar. 2026)


NSE:JMFINANCIL JM Financial Ltd NSE:JMFINANCIL
68 GF Score
Price ₹125.81
GF Value ₹141.07
Valuation Modestly Undervalued
! 1 Warning Sign
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What is JM Financial Research & Development?

JM Financial NSE:JMFINANCIL -0.15% 68 Research & Development is ₹0 Mil as of Mar. 2026. GuruFocus rates NSE:JMFINANCIL with a GF Score™ of 68/100 and a GF Value™ of ₹141.07 (Modestly Undervalued). The stock has 1 warning sign investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. JM Financial's Research & Development for the three months ended in Mar. 2026 was ₹0 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 was ₹0 Mil.

JM Financial  (NSE:JMFINANCIL) Research & Development Explanation

If competitive advantage is created by a patent or tech advantage, at some point it will disappear.

High R&D usually dictates high SG&A which threatens the competitive advantage.

JM Financial Research & Development Related Terms

JM Financial Research & Development Historical Data

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The historical data trend for JM Financial's Research & Development 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.

JM Financial Research & Development Chart

JM Financial Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
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JM Financial Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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NSE:JMFINANCIL
68GF Score
JM Financial Ltd NSE:JMFINANCIL
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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JM Financial Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹0 Mil.

* 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 Research & Development →
What does a Research & Development of ₹0 Mil mean?
JM Financial (NSE:JMFINANCIL) has a Research & Development of ₹0 Mil as of Mar. 2026. Research and development expense is the total cost for research and development activities. View historical data on JM Financial and its competitors.
Is JM Financial's Research & Development too high?
JM Financial's current Research & Development is ₹0 Mil. Overall, JM Financial has a GF Score™ of 68/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does JM Financial's Research & Development compare to MS and GS?
JM Financial's Research & Development of ₹0 Mil can be compared against companies in the Capital Markets industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Research & Development for a Capital Markets company?
A good Research & Development depends on the Capital Markets industry context. However, Research & Development should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Research & Development mean?
A high Research & Development can signal that a stock is expensive relative to its fundamentals. Research and development expense is the total cost for research and development activities. View historical data on JM Financial and its competitors. JM Financial's current Research & Development is ₹0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is JM Financial stock overvalued right now?
Based on GuruFocus' analysis, JM Financial (NSE:JMFINANCIL) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹141.07, compared to a current price of ₹125.81 — trading 10.8% below its estimated fair value. The current Research & Development is ₹0 Mil. JM Financial's overall GF Score™ is 68/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Research & Development calculated?
Research & Development is calculated from a company's financial statements. For JM Financial (NSE:JMFINANCIL), the current Research & Development is ₹0 Mil 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 JM Financial (NSE:JMFINANCIL) Overvalued in 2026?

Based on GuruFocus' analysis, JM Financial stock appears to be undervalued. The current stock price of ₹125.81 is trading 10.8% below its estimated GF Value™ of ₹141.07. GuruFocus considers JM Financial to be Modestly Undervalued.

Key valuation signals for NSE:JMFINANCIL:

  • Research & Development: ₹0 Mil
  • GF Value™: ₹141.07 vs. price of ₹125.81 (10.8% below fair value)
  • GF Score™: 68/100 with 1 warning sign

No single metric tells the full story. See the NSE:JMFINANCIL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

JM Financial Business Description

Other Exchanges 523405:India
Address Appasaheb Marathe Marg, 7th Floor, Cnergy, Prabhadevi, Mumbai, MH, IND, 400 025
JM Financial Ltd is an India-based financial services group, specialising in providing a range of businesses to corporations, financial institutions, high-net-worth individuals, and retail investors. Its operating segment includes Investment Banking; Asset Management, Wealth Management and Securities Business (Platform AWS); Mortgage Lending; Alternative & Distressed Credit; and Others. The Investment Banking segment, which is the key revenue-generating segment, includes management of capital markets transactions, advising on mergers & acquisitions, and private equity syndication. This segment also includes institutional equities business and research, private wealth management, PMS, private equity funds, fixed income, syndication, and finance.
68GF Score

Get the complete analysis for NSE:JMFINANCIL

Research & Development is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹125.81
Price
₹141.07
GF Value