Jio Financial Services (NSE:JIOFIN) Tax Rate %: 14.38% (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NSE:JIOFIN Jio Financial Services Ltd NSE:JIOFIN
80 GF Score
Price ₹263.10
GF Value ₹967.82
Valuation Significantly Undervalued
! 4 Warning Signs
View Full Analysis

What is Jio Financial Services Tax Rate %?

Jio Financial Services NSE:JIOFIN +0.44% 80 Tax Rate % is 14.38% as of Jun. 2026. GuruFocus rates NSE:JIOFIN with a GF Score™ of 80/100 and a GF Value™ of ₹967.82 (Significantly Undervalued). The stock has 4 warning signs investors should review.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Jio Financial Services's Tax Expense for the three months ended in Jun. 2026 was ₹1,394 Mil. Jio Financial Services's Pre-Tax Income for the three months ended in Jun. 2026 was ₹9,697 Mil. Therefore, Jio Financial Services's Tax Rate % for the quarter that ended in Jun. 2026 was 14.38%.


Jio Financial Services Tax Rate % Related Terms


Jio Financial Services Tax Rate % Historical Data

* Premium members only.

The historical data trend for Jio Financial Services's Tax Rate % 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 Tax Rate % Chart

Jio Financial Services Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.99 36.66 17.96 17.17 18.35

Jio Financial Services Quarterly Data
Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Tax Rate % 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 22.51 11.24 27.52 19.59 14.38
NSE:JIOFIN
80GF Score
Jio Financial Services Ltd NSE:JIOFIN
Tax Rate % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Jio Financial Services Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Jio Financial Services's Tax Rate % for the fiscal year that ended in Mar. 2026 is calculated as

Tax Rate %=Tax Expense (A: Mar. 2026 )/Pre-Tax Income (A: Mar. 2026 )
=3507.6/19116.6
=18.35 %

Jio Financial Services's Tax Rate % for the quarter that ended in Jun. 2026 is calculated as

Tax Rate %=Tax Expense (Q: Jun. 2026 )/Pre-Tax Income (Q: Jun. 2026 )
=1394.3/9696.8
=14.38 %

* 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 Tax Rate % →
What does a Tax Rate % of 14.38% mean?
Jio Financial Services (NSE:JIOFIN) has a Tax Rate % of 14.38% as of Jun. 2026.
Is Jio Financial Services' Tax Rate % too high?
Jio Financial Services' current Tax Rate % is 14.38%. Overall, Jio Financial Services has a GF Score™ of 80/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Jio Financial Services' Tax Rate % compare to BLK and BX?
Jio Financial Services' Tax Rate % of 14.38% can be compared against companies in the Asset Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Tax Rate % for an Asset Management company?
A good Tax Rate % depends on the Asset Management industry context. However, Tax Rate % 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 Tax Rate % mean?
A high Tax Rate % can signal that a stock is expensive relative to its fundamentals. Jio Financial Services's current Tax Rate % is 14.38%. 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 Significantly Undervalued. The stock's GF Value™ is ₹967.82, compared to a current price of ₹263.10 — trading 72.8% below its estimated fair value. The current Tax Rate % is 14.38%. Jio Financial Services' overall GF Score™ is 80/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tax Rate % calculated?
Tax Rate % is calculated from a company's financial statements. For Jio Financial Services (NSE:JIOFIN), the current Tax Rate % is 14.38% as of Jun. 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 ₹263.10 is trading 72.8% below its estimated GF Value™ of ₹967.82. GuruFocus considers Jio Financial Services to be Significantly Undervalued.

Key valuation signals for NSE:JIOFIN:

  • Tax Rate %: 14.38%
  • GF Value™: ₹967.82 vs. price of ₹263.10 (72.8% below fair value)
  • GF Score™: 80/100 with 4 warning signs

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.
80GF Score

Get the complete analysis for NSE:JIOFIN

Tax Rate % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹263.10
Price
₹967.82
GF Value