Jio Financial vs Nippon India AMC: share price, P/E, ROE and financials compared
Jio Financial Services
Nippon Life India Asset Management
Jio Financial and Nippon India AMC at a glance
Jio Financial and Nippon India AMC are both listed in Financial Services. Jio Financial is the larger by market cap, at ₹1.6L Cr against ₹68,177 Cr for Nippon India AMC (2.3 times as large). On valuation, Jio Financial has the lower price-to-book (1.19× against 14.29×), while Nippon India AMC has the lower P/E (42.8× against 87.9×). On returns and margins, Jio Financial has the higher operating margin (75.8% against 67.3%), while Nippon India AMC has the higher ROCE (40.0% against 1.7%) and the higher ROE (35.3% against 1.3%). Over three years, Jio Financial has faster 3-year sales growth (+431.5% against +26.1% a year) and faster 3-year profit growth (+268.2% against +28.3% a year). Nippon India AMC carries less debt for its equity, with a debt-to-equity of 0.02× against 0.32×.
Key metrics, side by side
| Metric | Jio FinancialJIOFIN | Nippon India AMCNAM-INDIA |
|---|---|---|
| Price (₹) | 231.20 | 1,065.20 |
| Market cap (₹ Cr) | 1,58,445 | 68,177 |
| P/E | 87.9× | 42.8× (the lower figure, shaded) |
| P/B | 1.19× (the lower figure, shaded) | 14.29× |
| Dividend yield, trailing | 0.26% | 2.91% (the higher figure, shaded) |
| ROE | 1.3% | 35.3% (the higher figure, shaded) |
| ROCE | 1.7% | 40.0% (the higher figure, shaded) |
| Operating margin (OPM) | 75.8% (the higher figure, shaded) | 67.3% |
| Net margin (NPM) | 42.8% | 49.9% (the higher figure, shaded) |
| Sales CAGR 3Y | +431.5% (the higher figure, shaded) | +26.1% |
| Profit CAGR 3Y | +268.2% (the higher figure, shaded) | +28.3% |
| Debt to equity | 0.32× | 0.02× (the lower figure, shaded) |
| Interest cover | 3.6× | 282.7× (the higher figure, shaded) |
| Net profit TTM (₹ Cr) | 1,712 | 1,617 |
| 1Y return | −23.9% | +21.3% (the higher figure, shaded) |
| Promoter holding | 50.98% | 71.72% |
Jio Financial vs Nippon India AMC: common questions
Which is bigger, Jio Financial or Nippon India AMC?
By market cap, Jio Financial is bigger at ₹1.6L Cr, against ₹68,177 Cr for Nippon India AMC (prices as of 6 Nov 2026). Net profit over the last twelve months was ₹1,712 Cr for Jio Financial and ₹1,617 Cr for Nippon India AMC.
Which has a lower P/E ratio, Jio Financial or Nippon India AMC?
Jio Financial trades at a P/E of 87.9× and Nippon India AMC at 42.8×. Nippon India 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 Nippon India AMC?
Jio Financial reports a return on equity of 1.3% and Nippon India AMC 35.3%. Nippon India AMC has the higher ROE. ROE is net profit as a share of shareholders’ equity.
Which is growing faster, Jio Financial or Nippon India AMC?
Over the last three years: Sales grew +431.5% a year at Jio Financial and +26.1% at Nippon India AMC, so Jio Financial grew sales faster; profit grew +268.2% a year at Jio Financial and +28.3% at Nippon India AMC, so Jio Financial grew profit faster. Past growth doesn’t predict future growth.