JMJ Fintech FY26 net profit rises 47% to ₹759.83 lakh
JMJ Fintech reported a 47% rise in FY26 net profit to ₹759.83 lakh, with total income from operations increasing to ₹2,199.38 lakh. The board approved the audited financial results for the year and quarter ended March 31, 2026, and appointed Ms. Priya Krishnakumar as Internal Auditor. The statutory auditor issued an unmodified opinion on the financial statements.

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JMJ Fintech reported a 47% increase in net profit to ₹759.83 lakh for the financial year ended March 31, 2026, compared to ₹516.91 lakh in the previous year. The non-banking financial company recorded total income from operations of ₹2,199.38 lakh for FY26, up from ₹1,714.72 lakh in FY25. For the quarter ended March 31, 2026, the company posted a net profit of ₹174.67 lakh on a total income of ₹540.62 lakh.
The Board of Directors, at its meeting held on May 28, 2026, approved the Standalone Audited Financial Results and Financial Statements for the quarter and year ended March 31, 2026. The board also appointed Ms. Priya Krishnakumar as the Internal Auditor for the financial year 2026-2027. The statutory auditor, Mahesh C. Solanki & Co, issued an audit report with an unmodified opinion on the standalone financial statements.
Interest income for FY26 stood at ₹2,159.61 lakh, while fees income was ₹22.38 lakh. Total expenses for the year increased to ₹1,175.79 lakh from ₹769.16 lakh in the previous year. Finance costs for FY26 were ₹323.16 lakh, and employee benefit expenses amounted to ₹546.38 lakh. The company reported a profit before tax of ₹1,023.59 lakh for the year.
Financial Performance
The following table outlines the key financial metrics for JMJ Fintech for the quarter and year ended March 31, 2026:
| Particulars | Year Ended 31.03.2026 (₹ in Lacs) | Year Ended 31.03.2025 (₹ in Lacs) | Quarter Ended 31.03.2026 (₹ in Lacs) |
|---|---|---|---|
| Total Income from Operations | 2,199.38 | 1,714.72 | 540.62 |
| Interest Income | 2,159.61 | 1,711.71 | 519.56 |
| Total Expenses | 1,175.79 | 769.16 | 308.51 |
| Profit Before Tax | 1,023.59 | 945.56 | 232.11 |
| Net Profit | 759.83 | 516.91 | 174.67 |
| Basic EPS (₹) | 2.04 | 5.51 | 0.46 |
Assets and Liabilities
As of March 31, 2026, the company's total assets stood at ₹8,957.64 lakh, a significant increase from ₹4,600.35 lakh in the previous year. Loans and advances, a major component of financial assets, grew to ₹7,169.35 lakh from ₹4,265.33 lakh. Cash and cash equivalents surged to ₹1,191.19 lakh from ₹191.59 lakh. On the liabilities side, equity share capital increased to ₹3,726.91 lakh from ₹1,280.00 lakh, while subordinated debts stood at ₹3,227.47 lakh compared to ₹2,048.89 lakh in the prior year.
Internal Audit Observations
The internal audit report for the quarter ended March 31, 2026, noted that due customers fell to 3,118 from 3,971 in the preceding quarter, indicating effective collection strategies. The audit also observed that confirmations from certain vendors, including Equifax Credit Info Services Pvt Ltd and Purva Share Registry (India) Pvt Ltd, had not been received at the time of audit. Additionally, it was advised that the Regional Office should acquire its own fire extinguisher for employee safety.
Historical Stock Returns for JMJ Fintech
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.39% | +1.58% | -0.58% | -37.46% | -27.41% | +564.52% |
How will the significant increase in equity share capital and subordinated debt impact the company's leverage ratios and cost of capital in FY27?
Can the 47% surge in net profit be sustained given the sharp rise in employee benefit expenses and finance costs?
What strategies will management employ to maintain the reduction in overdue customers as the loan book expands?


































