Jio Financial vs HDFC AMC: share price, P/E, ROE and financials compared
Jio Financial Services
HDFC Asset Management Company
Jio Financial and HDFC AMC at a glance
Jio Financial and HDFC AMC are both listed in Financial Services. Jio Financial is the larger by market cap, at ₹1.6L Cr against ₹1.1L Cr for HDFC AMC (1.4 times as large). On valuation, Jio Financial has the lower price-to-book (1.19× against 13.19×), while HDFC AMC has the lower P/E (38.3× against 87.9×). On returns and margins, HDFC AMC has the higher ROCE (38.5% against 1.7%), the higher ROE (36.4% against 1.3%) and the higher operating margin (81.4% against 75.8%). Over three years, Jio Financial has faster 3-year sales growth (+431.5% against +23.9% a year) and faster 3-year profit growth (+268.2% against +26.2% a year).
Key metrics, side by side
| Metric | Jio FinancialJIOFIN | HDFC AMCHDFCAMC |
|---|---|---|
| Price (₹) | 231.20 | 2,649.80 |
| Market cap (₹ Cr) | 1,58,445 | 1,13,701 |
| P/E | 87.9× | 38.3× (the lower figure, shaded) |
| P/B | 1.19× (the lower figure, shaded) | 13.19× |
| Dividend yield, trailing | 0.26% | 2.04% (the higher figure, shaded) |
| ROE | 1.3% | 36.4% (the higher figure, shaded) |
| ROCE | 1.7% | 38.5% (the higher figure, shaded) |
| Operating margin (OPM) | 75.8% | 81.4% (the higher figure, shaded) |
| Net margin (NPM) | 42.8% | 60.8% (the higher figure, shaded) |
| Sales CAGR 3Y | +431.5% (the higher figure, shaded) | +23.9% |
| Profit CAGR 3Y | +268.2% (the higher figure, shaded) | +26.2% |
| Debt to equity | 0.32× | – |
| Interest cover | 3.6× | 279.5× (the higher figure, shaded) |
| Net profit TTM (₹ Cr) | 1,712 | 2,978 |
| 1Y return | −23.9% | −2.3% (the higher figure, shaded) |
| Promoter holding | – | 52.29% |
Jio Financial vs HDFC AMC: common questions
Which is bigger, Jio Financial or HDFC AMC?
By market cap, Jio Financial is bigger at ₹1.6L Cr, against ₹1.1L Cr for HDFC AMC (prices as of 6 Nov 2026). Net profit over the last twelve months was ₹1,712 Cr for Jio Financial and ₹2,978 Cr for HDFC AMC.
Which has a lower P/E ratio, Jio Financial or HDFC AMC?
Jio Financial trades at a P/E of 87.9× and HDFC AMC at 38.3×. HDFC AMC has the lower P/E. P/E is the share price divided by earnings per share; it varies a lot between industries and with growth, so it says little on its own.
Which has a higher ROE, Jio Financial or HDFC AMC?
Jio Financial reports a return on equity of 1.3% and HDFC AMC 36.4%. HDFC AMC has the higher ROE. ROE is net profit as a share of shareholders’ equity.
Which is growing faster, Jio Financial or HDFC AMC?
Over the last three years: Sales grew +431.5% a year at Jio Financial and +23.9% at HDFC AMC, so Jio Financial grew sales faster; profit grew +268.2% a year at Jio Financial and +26.2% at HDFC AMC, so Jio Financial grew profit faster. Past growth doesn’t predict future growth.