Jio Financial Services Limited · NSE:JIOFIN
Jio Financial Services — Q2 FY26 Earnings Presentation
25 slides from Jio Financial Services's earnings presentation, Oct 16, 2025
Slide 1: Exchange filing cover letter
October 16, 2025 BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, Dalal Street, Fort, Plot No. C/1, G Block, Bandra-Kurla Complex, Mumbai 400 001 Bandra (East), Mumbai 400 051 Scrip Code: 543940 Trading Symbol: JIOFIN Dear Sirs, Sub: Presentation to a
Slide 2: Q2 & H1 FY26 Earnings Presentation
Q2 & H1 FY26 Earnings Presentation October 16, 2025 Jio Financial Services Limited
Slide 3: Safe Harbor
Safe Harbor This presentation contains forward-looking statements which may be identified by their use of words like “plans,” “expects,” “will,” “anticipates,” “believes,” “intends,” “projects,” “estimates” or other words of similar meaning. All statements that address expectations or projections ab
Slide 4: Consolidated Financial Highlights
Consolidated Financial Highlights… Q2 FY26 H1 FY26 Consolidated Total Income Rs. 1,002 Cr (+44% YoY) Rs. 1,622 Cr (+46% YoY) Net Income from Business Operations* Rs. 317 Cr (up 4.9x YoY) Rs. 536 Cr (up 4.3x YoY) As % of Consolidated Net Total Income 52% vs 14% in Q2 FY25 46% vs 14% in H1 FY25 (ex-di
Slide 5: Reflecting strong execution momentum
… reflecting strong execution momentum BORROW INVEST • AMC AUM at Rs. 15,980 Cr^ across 9 funds in <4 months • NBFC AUM at Rs. 14,712 Cr vs. Rs. 1,206 Cr in Q2 FY25 • First active equity Flexi Cap NFO raised nearly • Robust market traction with quarterly disbursements Rs. 1,500 Cr^^ of Rs. 6,624Cr •
Slide 6: Holistic product suite powering a virtuous flywheel
Holistic product suite powering a virtuous flywheel INVEST BORROW Digital-first, world-class investment solutions Suite of retail and corporate lending products JVs with BlackRock Jio Credit Limited (JCL) Asset management Wealth management Securities broking ~18mn JVs with Allianz for Reinsurance, J
Slide 7: Products: Smart, seamless and secure solutions for all
1. Products: Smart, seamless and secure solutions for all… Invest Borrow • Mutual Funds • Home Loan • Savings Pro • Loan against Property • Jio Gold* • Loan against ETFs • My Money – Finance • Loan against Mutual Dashboard Funds (LAMF) • Loan against Shares (LAS) Transact Protect • Tax Filing & Plan
Slide 8: Focus on industry-first, innovative products
… with focus on industry-first, innovative products Systematic Active Equity (SAE): BlackRock’s proprietary, AI-driven approach powered by Aladdin® to offer dynamic and differentiated investment products Savings Pro: Auto-invest surplus funds into overnight mutual funds, generating up to 6.5%^ p.a.
Slide 9: Distribution: Omni-channel network expansion
2. Distribution: Omni-channel network expansion Digital Physical JioFinance app: Primary source of product JPBL builds network of ~200,000 BC** vs. 2,307 offering and customer acquisition in Q2 FY25 Launched transactional websites for JCL strengthened physical presence with 15 JioBlackRock AMC and J
Slide 10: Technology & Data: Fit-for-purpose, scalable tech stack
3. Technology & Data: Fit-for-purpose, scalable tech stack Fit-for-Purpose • ISO 27001:2022 certification received for Information Straight through SaaS-first, open standards & Security Management System processing interoperability • Data lake live across all entities enabling real time analytics an
Slide 11: People: Building next-gen talent with digital DNA
4. People: Building next-gen talent with digital DNA • Young and dynamic team with a powerful mix of local and global experience across UI/UX, product, tech and risk Strategic Priorities Team’s DNA • Designed a capability-based role architecture comprising Execution ~300 unique competencies for high
Slide 12: Lending
Lending JIO CREDIT LIMITED Product Portfolio & Distribution AUM (Rs. Cr) Q2 FY26 Key Highlights Home Loan (HL) & Loan Against Property Sourcing through app, website, group 26% 14,712 • Launched Loan against Exchange- ecosystem, online aggregators, channel Traded Funds (ETF) partners & developer part
Slide 13: Payments (1/2)
Payments (1/2) JIO PAYMENTS BANK LIMITED CASA Customers (mn) Deposits* (Rs. Cr) Business Correspondent Network** 14% 18% 421 2.95 294% 199,193 2.58 358 1.51 209 50,567 2,307 Q2 FY25 Q1 FY26 Q2 FY26 Q2 FY25 Q1 FY26 Q2 FY26 Q2 FY25 Q1 FY26 Q2 FY26 Revenue Pillars Q2 FY26 Key Highlights CASA variants &
Slide 14: Payments (2/2)
Payments (2/2) JIO PAYMENT SOLUTIONS LIMITED Transaction Processing Volume (Rs. Cr) Q2 FY26 Key Highlights • Partnered with Mastercard to launch Tap- and-Pay contactless payments^ 76% 13,566 73% 21,286 • DIY onboarding process for quicker merchant onboarding • Launched standing instruction on credit
Slide 15: Invest (1/2)
Invest (1/2) JIO BLACKROCK ASSET MANAGEMENT PRIVATE LIMITED To offer accessible, affordable and institutional-quality personalized investment solutions through simple digital tools AUM of Rs 15,980 Cr^ across 9 funds JioBlackRock Flexi Cap Fund • 1 Overnight fund • First Active Equity NFO leveraging
Slide 16: Invest (2/2)
Invest (2/2) JIO BLACKROCK INVESTMENT ADVISERS PRIVATE LIMITED & JIO BLACKROCK BROKING PRIVATE LIMITED Received regulatory Product roadmap and Leadership team approvals in June 2025 GTM strategy under appointed implementation 15 BlackRock – BlackRock Advisors Singapore Pte. Ltd. and BlackRock, Inc
Slide 17: Protect
Protect JOINT VENTURES WITH ALLIANZ GROUP JIO INSURANCE BROKING LIMITED • Incorporated “Allianz Jio Reinsurance Limited” - 50:50 JV for reinsurance in India • Focus on D2C channel across motor, health and life • Application for regulatory approvals in process • POC* for Digital POSP self-onboarding
Slide 18: Financial Overview
FINANCIAL OVERVIEW veces
Slide 19: Group Structure
Group Structure JFSL is a publicly-listed entity Jio Financial Services Ltd (JFSL) (CIC) and acts as the holding company for the group 100% 100% 100% 100% 100% 100% 100% Reliance Industrial Jio Insurance Jio Payment Jio Payments Bank Jio Finance Platform Jio Credit Limited Investments and Jio Leasin
Slide 20: Statement of Profit and Loss – Consolidated
Statement of Profit and Loss – Consolidated Particulars (in Rs. crore) Q2 FY25 Q1 FY26 Q2 FY26 H1 FY25 H1 FY26 FY25 Interest income 205 363 392 367 755 853 Dividend income 241 - 269 241 269 241 Fees and commission income 41 53 140 79 193 155 Net gain on fair value changes 207 196 180 425 376 794 Oth
Slide 21: Balance Sheet - Consolidated
Balance Sheet - Consolidated Particulars (in Rs. crore) As on Mar 31, 2025 As on Sep 30, 2025 Assets Cash & Bank Balances 4,072 810 Investments 1,18,910 1,35,984 Loans 10,053 14,712 Other assets 475 946 Total assets 1,33,510 1,52,452 Liabilities Net worth 1,23,497 1,34,739 Equity share capital 6,353
Slide 22: Statement of Profit and Loss – Standalone
Statement of Profit and Loss – Standalone Particulars (in Rs. crore) Q2 FY25 Q1 FY26 Q2 FY26 H1 FY25 H1 FY26 FY25 Interest income 40 38 7 59 45 117 Dividend income 235 - 405 235 405 235 Fees and commission 2 - 0 3 0 6 Net gain on fair value changes 106 96 107 220 204 447 Other Income 0 - 20 0 20 34
Slide 23: Balance Sheet – Standalone
Balance Sheet – Standalone Particulars (in Rs. crore) As on Mar 31, 2025 As on Sep 30, 2025 Assets Cash & Bank Balances 558 4 Investments 22,706 27,545 Loans 1,748 1,595 Other assets 84 124 Total assets 25,096 29,267 Liabilities Net worth 24,985 29,152 Equity share capital 6,353 6,353 Other Equity 1
Slide 24: Our Principles – 4Rs
Our Principles – 4Rs Operate within the Reputation regulatory framework Return of Ensure fair return to with best-in-class Capital shareholders and other governance standards stakeholders Set the highest ethical Ensure prudent capital standards across Regulation deployment in businesses Return on or
Slide 25: Thank You
THANK YOU
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