JM FINANCIAL SERVICES 
CRISIL BASED REPORT 
Name:-Pranit Dargad(13012010) 
Pranjal varma(13011114) 
Course:-Equity Research 
Specialization:- Finance
ABOUT COMPANY 
 Established in 1973, JM Financial is an integrated 
financial services player offering a range of capital 
market products and services to corporates, HNIs 
and retail investors through its subsidiaries / joint 
ventures / associate companies. 
 It belongs to capital market industry.
Companies overview 
 Management :- 
management overview 
 Corporate Governance
JM Financial 
asset 
manageme 
nt ltd 
JM Financial 
institutional 
securities ltd 
Overseas 
holding pvt ltd 
JM Financial 
Singapore pvt 
ltd 
JM Financial 
securities .inc 
PM JM Financial 
securities 
Indonesia 
JM Financial 
product ltd 
JM Financial 
service ltd 
Commtrade ltd 
JM Financial 
investment 
managers ltd 
JM Financial 
investment 
manager pvt ltd 
CR Retail 
malls(India)ltd 
JM Financial 
properties and 
holding ltd 
JM Financial 
Insurance 
broking pvt ltd 
FICS 
consultancy 
services ltd 
Organizational structure
Factors of JM Financials 
 Lending business provides stability to earnings 
 Sustained activity in the capital markets should 
drive growth in IB and brokerage 
 New NBFC, being jointly set up with Mr 
Vikram Pandit, is at an advanced stage
JM business environment 
1. Segment offerings:- 
 Investment banking and securities businesses 
 Securities funding and fund-based activities 
 Asset management 
 Alternative Asset management 
 others
Investment 
banking and 
securities 
Capital raising 
M/A and 
restructuring 
advisory 
Private equity 
advisory 
Stock broking 
Private wealth 
management 
Portfolio 
management 
Depository 
services 
Securities funding 
and fund based 
activities 
Loan against 
securities 
IPO funding 
Sponsor 
funding 
Loans and 
developers 
Asset 
reconstruction 
Alternative 
investment 
management 
Private equity 
fund 
Real estate 
fund 
Asset 
management 
Mutual 
funding
Revenue contribution 
Revenue Contribution 
Investment 
banking and 
securities 
businesses 
37% 
Securities funding 
and fund-based 
activities 
47% 
Alternative 
asset 
management 
Asset management 
2% 
3% 
others 
11%
Risk factors 
 Linkage with equity market = inherent volatility in 
business. 
 Asset quality in the lending book is a monitor able. 
 Revenue growth driven by improvement in capital 
markets. 
 Factored in capex for new office, no cash flow 
impact.
THANK YOU…!!!

Jm financial services

  • 1.
    JM FINANCIAL SERVICES CRISIL BASED REPORT Name:-Pranit Dargad(13012010) Pranjal varma(13011114) Course:-Equity Research Specialization:- Finance
  • 2.
    ABOUT COMPANY Established in 1973, JM Financial is an integrated financial services player offering a range of capital market products and services to corporates, HNIs and retail investors through its subsidiaries / joint ventures / associate companies.  It belongs to capital market industry.
  • 3.
    Companies overview Management :- management overview  Corporate Governance
  • 4.
    JM Financial asset manageme nt ltd JM Financial institutional securities ltd Overseas holding pvt ltd JM Financial Singapore pvt ltd JM Financial securities .inc PM JM Financial securities Indonesia JM Financial product ltd JM Financial service ltd Commtrade ltd JM Financial investment managers ltd JM Financial investment manager pvt ltd CR Retail malls(India)ltd JM Financial properties and holding ltd JM Financial Insurance broking pvt ltd FICS consultancy services ltd Organizational structure
  • 5.
    Factors of JMFinancials  Lending business provides stability to earnings  Sustained activity in the capital markets should drive growth in IB and brokerage  New NBFC, being jointly set up with Mr Vikram Pandit, is at an advanced stage
  • 6.
    JM business environment 1. Segment offerings:-  Investment banking and securities businesses  Securities funding and fund-based activities  Asset management  Alternative Asset management  others
  • 7.
    Investment banking and securities Capital raising M/A and restructuring advisory Private equity advisory Stock broking Private wealth management Portfolio management Depository services Securities funding and fund based activities Loan against securities IPO funding Sponsor funding Loans and developers Asset reconstruction Alternative investment management Private equity fund Real estate fund Asset management Mutual funding
  • 8.
    Revenue contribution RevenueContribution Investment banking and securities businesses 37% Securities funding and fund-based activities 47% Alternative asset management Asset management 2% 3% others 11%
  • 9.
    Risk factors Linkage with equity market = inherent volatility in business.  Asset quality in the lending book is a monitor able.  Revenue growth driven by improvement in capital markets.  Factored in capex for new office, no cash flow impact.
  • 10.