Jio Financial Services Q3 FY26: Capex ₹110 Cr
Q3 FY26 earnings call: what management said on revenue, margins and capex.
- Revenue
- ₹901Cr
- +105.7% YoY
- −8.2% QoQ
- Net profit
- ₹269Cr
- −8.8% YoY
- −61.3% QoQ
- Margin
- 62%
- −9 pp YoY
- −8 pp QoQ
Guidance rank: #10 of 67 in Finance
See the sector's top 10 — free with your mobile number.
Jio Financial Services Ltd Q3 FY26 key numbers
- Revenue
- Entry into Andhra Pradesh’s 12 million case mass premium brandy segment expected to add ~2 million cases at 15-20% market share.
As stated in Jio Financial Services Ltd's Q3 FY26 earnings call transcript · published 10 Nov 2026. Reported figures, not investment advice.
The short version
P&A segment expected to grow at double-digit volume rates (~19% in recent quarter), driving near double-digit overall volume growth and mid-double-digit value growth. Revenue and Volume Growth: Expectation of double-digit volume growth in the P&A (Premium & Above) segment and low single-digit growth in the mass premium segment, driving mid-double-digit value grow.
From Jio Financial Services Ltd's Q3 FY26 earnings-call transcript · updated 10 Nov 2026.
Revenue & Sales Performance
- P&A segment expected to grow at double-digit volume rates (~19% in recent quarter), driving near double-digit overall volume growth and mid-double-digit value growth.
- Mass premium segment anticipated to see low single-digit volume growth and mid-single-digit growth post-normalization, with Q4 likely returning to normal levels.
- Telangana market volumes to normalize in Q4 after prior disruption, contributing to growth.
- Entry into Andhra Pradesh’s 12 million case mass premium brandy segment expected to add ~2 million cases at 15-20% market share.
- ABD Maestro portfolio aims for meaningful single-digit market share in a 12-18 million case fast-growing luxury segment.
- Luxury portfolio (ABDM) ARR expected to double this quarter and double again next year, significantly boosting value growth.
2 more points from Jio Financial Services Ltd's call on revenue
Create a free account to keep reading this call
Profitability & Margins
Revenue and Volume Growth: Expectation of double-digit volume growth in the P&A (Premium & Above) segment…
Locked: what Jio Financial Services Ltd said on margins
Also locked on this page: fundraising, order book
Free account, 30 seconds. No card needed.
Capital Expenditure Plans
- Phase 2 capex includes ~₹110 crore investment in Uttar Pradesh for:
- Upgradation and commissioning of a fully automated bottling facility (operational by Q3 FY '27)
- Potential future ENA distillation capacity expansion
- Expected savings of ₹27 per case franchise fee
- ₹54 crore investment in subsidiary Minakshi (Maharashtra) for:
- Expansion of bottling capacity at Aurangabad facility (operational by Q4 FY '27)
- Supports Western region demand and international markets
- Enhances operational efficiency, logistics optimization, and margin improvement
- Total announced capex for FY '27 and FY '28 currently ~₹700 crore (including earlier ₹525 crore plus new ₹150 crore)
2 more points from Jio Financial Services Ltd's call on capex
Create a free account to keep reading this call
Top-ranked in Finance
Ranked on what management guided this quarter
Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.
Fundraising & Capital Structure
Allied Blenders & Distillers Limited plans to fund its capex largely through internal accruals, supported…
Locked: what Jio Financial Services Ltd said on fundraising
Also locked on this page: margins, order book
Free account, 30 seconds. No card needed.
Order Book & Pipeline
See what Jio Financial Services Ltd said on order book & pipeline — free account, 30 seconds.
Jio Financial Services Ltd — Quarterly revenue & net profit
Jio Financial Services Ltd Q3 FY26 results — key figures
| ₹ Cr | Q3 FY26 | Q3 FY25 | YoY | Q2 FY26 | QoQ |
|---|---|---|---|---|---|
| Revenue | 901 | 438 | +105.7% | 981 | -8.2% |
| Operating profit (EBITDA) | 555 | 313 | +77.3% | 688 | -19.3% |
| Operating margin | 62% | 71% | -9 pp | 70% | -8 pp |
| Profit before tax | 371 | 377 | -1.6% | 783 | -52.6% |
| Net profit (PAT) | 269 | 295 | -8.8% | 695 | -61.3% |
| EPS (₹) | 0.42 | 0.46 | -8.7% | 1.09 | -61.5% |
Source: reported quarterly figures (Screener), ₹ crore.
Reported quarterly figures (₹ Cr). Latest (Q2 FY27): revenue ₹1.7K Cr, net profit ₹340 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.
Full financials →Continue your research
What Jio Financial's management said in earlier quarters
Others in Finance this season
- Capital Trust (Q3 FY26)
Total Income for Q3 FY26: ₹11.3 Crores . Key investor presentation takeaways from Capital Trust Ltd's Q3 FY26 investor presentation — and how it ranks against s
- CSL Finance (Q3 FY26)
Q3FY26 revenue was ₹64.44 crore, up 20% YoY from ₹53.70 crore in Q3FY25 (Page 8). Key investor presentation takeaways from CSL Finance's Q3 FY26 investor presen
- SRG Housing (Q3 FY26)
130.60 crore (up from Rs. Key investor presentation takeaways from SRG Housing Finance Ltd's Q3 FY26 investor presentation — and how it ranks against sector pee
- Tourism Finance Corporation of India (Q3 FY26)
58.92 crore, up from Rs. Key investor presentation takeaways from Tourism Finance Corporation of India Ltd's Q3 FY26 investor presentation — and how it ranks ag
Potential multibaggers · Q2 FY27
Potential multibaggers in Finance
on management's own guidance
- Strong growth2
- Strong growth1
- Strong growth3
Portfolio builder
Build your portfolio
from the top-ranked stocks
- 1. Pick 3–15 stocks
- 2. Choose large, mid or small cap and your sectors
- 3. Get a portfolio built from the rankings
Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.
Arthneeti Pro · Annual
Jio Financial Services Ltd and 15K+ more earnings calls,
for less than your morning chai
Every earnings call, ranking and concall Q&A across all four results seasons.
Secure Razorpay payment · instant access
Frequently Asked Questions
What were Jio Financial Services Ltd Q3 FY26 results?
P&A segment expected to grow at double-digit volume rates (~19% in recent quarter), driving near double-digit overall volume growth and mid-double-digit value growth. Revenue and Volume Growth: Expectation of double-digit volume growth in the P&A (Premium & Above) segment and low single-digit growth in the mass premium segment, driving mid-double-digit value grow.
What is Jio Financial Services Ltd share price analysis?
Jio Financial Services Ltd currently shows a neutral. The stock trades at a P/E of 92.3 with a market cap of ₹158,032 Cr. Investors should review the full earnings analysis for detailed insights.
Is Jio Financial Services Ltd planning capital expenditure?
Phase 2 capex includes ~₹110 crore investment in Uttar Pradesh for:.
Keep Jio Financial Services Ltd on your radar — track it to get its next earnings analysis in your feed.
This analysis is AI-generated based on publicly available earnings data and the company's earnings call transcript. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.