JM Financial's CFO On Next Growth Phase: Lending, Wealth & IPO Pipeline
NDTV Profit · 05 Nov 2026 · 5 min
Management interview of JM Financial Ltd (JMFINANCIL), with 9 key numbers discussed.
- Nishit Shah, Group CFO, JM Financial
JM Financial expects second-half performance in FY27 to be stronger than H1, internally targeting around 15% growth in operating profit over FY26's base of Rs 1,133 cr. In Q2FY27, the private markets loan book grew 22% YoY, wealth management loan book grew 30%, and housing finance AUM rose 30%. The company has an IPO deal pipeline of about Rs 1,30,000 cr already filed with regulators, with more in the works. Management also anticipates large recoveries from distressed credit and real estate NPAs before the end of the fiscal year.