Jio Financial Services Limited

NSEI:JIOFIN Stock Report

Market Cap: ₹1.9t

Jio Financial Services Management

Management criteria checks 1/4

We currently do not have sufficient information about the CEO.

Key information

Hitesh Kumar Sethia

Chief executive officer

₹12.4m

Total compensation

CEO salary percentage91.4%
CEO tenure1.4yrs
CEO ownershipn/a
Management average tenure1.3yrs
Board average tenure1.4yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Hitesh Kumar Sethia's remuneration changed compared to Jio Financial Services's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

₹16b

Jun 30 2024n/an/a

₹16b

Mar 31 2024₹12m₹11m

₹16b

Compensation vs Market: Hitesh Kumar's total compensation ($USD145.48K) is below average for companies of similar size in the Indian market ($USD1.05M).

Compensation vs Earnings: Insufficient data to compare Hitesh Kumar's compensation with company performance.

CEO

Hitesh Kumar Sethia (45 yo)

1.4yrs

Tenure

₹12,360,000

Compensation

Mr. Hitesh Kumar Sethia served as Chief Executive of ICICI Bank Limited, Hong Kong Branch. He serves as Nominee Director of Jio Payments Bank Ltd. He serves as CEO & MD of Jio Financial Services Limited (f...

Leadership Team

NamePositionTenureCompensationOwnership
Hitesh Kumar Sethia
CEO, MD & Director1.4yrs₹12.36mno data
Abhishek Pathak
Group Chief Financial Officer1.8yrs₹16.20mno data
Mohana Venkatachalam
Group Company Secretary & Chief Compliance Officer1.8yrs₹12.90mno data
AR Ganesh
Group Chief Technology Officer1.2yrsno datano data
Jill Deviprasad
Head of Investor Relationsno datano datano data
R. Shyam Sunder
Group General Counselno datano datano data
Rupali Sawant
Group Head of Internal Auditless than a yearno datano data
S. Anantharaman
Group Chief Risk Officerless than a yearno datano data
Ketan Patil
Managerno datano datano data

1.3yrs

Average Tenure

Experienced Management: JIOFIN's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.

Board Members

NamePositionTenureCompensationOwnership
Hitesh Kumar Sethia
CEO, MD & Director1.4yrs₹12.36mno data
Kundapur Kamath
Non-Executive Chairman2.1yrs₹4.00m0.00013%
₹ 2.5m
Sunil Mehta
Independent Director1.4yrs₹6.60m0%
₹ 0
Isha Ambani
Non-Executive Director1.3yrs₹700.00k0.13%
₹ 2.5b
Anshuman Thakur
Non-Executive Director1.4yrsno data0.0020%
₹ 38.1m
Rajiv Mehrishi
Independent Director1.4yrs₹3.40mno data
Bimal Tanna
Independent Director1.4yrs₹5.30mno data
Rama Vedashree
Independent Directorless than a yearno data0%
₹ 0

1.4yrs

Average Tenure

62yo

Average Age

Experienced Board: JIOFIN's board of directors are not considered experienced ( 1.4 years average tenure), which suggests a new board.

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/21 21:33
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Jio Financial Services Limited is covered by 1 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Arun KailasanGeojit Financial Services Ltd.