Jio Financial Services (JIOFIN) AGM 2026 presentation summary

Macroeconomic environment and industry growth

• India’s GDP projected to grow 7.7% in FY26, outpacing global growth of 3.5%.

• Retail inflation expected to drop to 2.1% in FY26 from 4.6% in FY25.

• UPI transaction value reached ₹314 lakh crore, establishing it as the world’s largest real-time payment system.

• FX reserves stood at USD 707 billion as of August 2026.

• Insurance penetration at 3.8% in FY26, below the global average of 7.2%.

Operational performance and financial highlights

• NBFC AUM surpassed ₹30,000 crore; AMC AUM exceeded ₹18,000 crore as of Q1 FY27.

• FY26 saw 2.5x growth in NBFC gross AUM, 1.8x in payments bank deposits, and 2.4x in payment solutions TPV.

• Consolidated total income (ex-dividend) reached ₹1,838 crore in FY26; PAT at ₹1,613 crore.

• Total shareholders’ equity stood at ₹1.34 lakh crore as of March 2026.

• Dividend of ₹0.60 per equity share recommended for FY26.

Strategic partnerships and business expansion

• Formed JVs with BlackRock (asset and wealth management), Allianz (reinsurance, general, and life insurance), and Bank of America (lending).

• Jio Credit Limited received up to ₹18,268 crore investment commitment from BofA for a 49.9% stake.

• Launched 14 mutual fund schemes, 1 ETF, and 1 SIF since June 2025.

• Reinsurance JV commenced operations in March 2026; general insurance JV signed in April 2026.

• JioFinance app offers a neural agentic marketplace for hyper-personalized financial services.