JM Financial vs Edelweiss Financial Services vs SMC Global Securities: Which Stock Should You Track
- September 25, 2026
- Posted by: Neeraj Pandey
- Category: Market
JM Financial PE 10.94, mkt cap Rs 12,153 crore. Edelweiss Financial Services PE 18.49, mkt cap Rs 13,162 crore. SMC Global Securities PE 16.23, mkt cap Rs 1,784 crore.
Quick Answer
JM Financial vs Edelweiss Financial Services vs SMC Global Securities is a side-by-side comparison of three companies from the Diversified Financial Services (Fourth Fresh Set) space. On this comparison, JM Financial carries a market capitalisation of about Rs 12,153 crore against Rs 13,162 crore for Edelweiss Financial Services and Rs 1,784 crore for SMC Global Securities, with return on equity of 11.28%, 13.58% and 7.82% respectively. Each company’s numbers are presented here without a declared better pick, since the right stock depends on an investor’s own criteria.
JM Financial vs Edelweiss Financial Services vs SMC Global Securities starts with the core numbers most investors compare within the Diversified Financial Services (Fourth Fresh Set) segment: market capitalisation, valuation multiples, profitability and dividend yield. Figures below are sourced as of September 2026 and will shift with daily price moves.
All three names sit in the Diversified Financial Services (Fourth Fresh Set) bucket, which makes them a natural set to place side by side rather than a random trio of unrelated businesses.
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JM Financial, Edelweiss Financial Services and SMC Global Securities: Company Overview
JM Financial is a listed Indian company in the Diversified Financial Services (Fourth Fresh Set) space, tracked here on book value, return ratios and valuation alongside its peers in this comparison.
Edelweiss Financial Services is a listed Indian company in the Diversified Financial Services (Fourth Fresh Set) space, tracked here on book value, return ratios and valuation alongside its peers in this comparison.
SMC Global Securities is a listed Indian company in the Diversified Financial Services (Fourth Fresh Set) space, tracked here on book value, return ratios and valuation alongside its peers in this comparison.
JM Financial vs Edelweiss Financial Services vs SMC Global Securities: Valuation and Profitability Snapshot
| Metric | JM Financial | Edelweiss Financial Services | SMC Global Securities |
|---|---|---|---|
| Market Cap (approx.) | Rs 12,153 crore | Rs 13,162 crore | Rs 1,784 crore |
| PE Ratio (TTM) | 10.94 | 18.49 | 16.23 |
| PB Ratio | 1.14 | 2.85 | 1.37 |
| Return on Equity (ROE) | 11.28% | 13.58% | 7.82% |
| EPS (TTM, Rs) | 11.61 | 7.52 | 5.25 |
| Dividend Yield | 2.56% | 1.08% | 1.41% |
| Debt to Equity | 1.09 | 4.02 | 1.56 |
| Book Value per Share (Rs) | 111.37 | 48.84 | 62.27 |
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On valuation, JM Financial trades at a PE of 10.94 and a PB of 1.14, Edelweiss Financial Services at a PE of 18.49 and a PB of 2.85, while SMC Global Securities trades at a PE of 16.23 and a PB of 1.37. On return on equity, the three post 11.28%, 13.58% and 7.82% respectively, and on dividend yield they stand at 2.56%, 1.08% and 1.41%.
JM Financial vs Edelweiss Financial Services vs SMC Global Securities: Latest Quarterly Results
| Company | Latest Quarter Revenue | Latest Quarter Net Profit | YoY Change (Revenue) | QoQ Change (Revenue) |
|---|---|---|---|---|
| JM Financial | Rs 1,224.66 crore | Rs 368.74 crore | +9.2% | +26.4% |
| Edelweiss Financial Services | Rs 2,418.81 crore | Rs 134.37 crore | +6.0% | +22.8% |
| SMC Global Securities | Rs 515.60 crore | Rs 36.74 crore | +21.1% | -1.1% |
Quarterly figures above are the most recent reported quarter for each company (Q1 FY28, quarter ended June 2026), compared with the year-ago and preceding quarter.
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What Should Investors Look at Beyond These Numbers?
Beyond the metrics above, investors comparing these three diversified financial services (fourth fresh set) names should track quarter-on-quarter revenue and margin trends, management commentary on demand and cost drivers, and any sector-specific regulatory developments, since a single-quarter snapshot can shift quickly.
Conclusion
JM Financial vs Edelweiss Financial Services vs SMC Global Securities highlights how differently three companies in the same diversified financial services (fourth fresh set) segment can score across valuation, profitability and dividend metrics, even when operating in a similar space. This comparison does not declare a winner; investors should weigh these figures against their own research and risk appetite. Please read the disclaimer below before making any investment decision.
Disclaimer: Data and figures in this article are sourced from publicly available information as of September 2026 and may not reflect real-time prices. Please verify all data independently before making any investment decision. This comparison does not recommend or endorse any single stock over another; investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
FAQs on JM Financial vs Edelweiss Financial Services vs SMC Global Securities
What is the market cap difference between JM Financial, Edelweiss Financial Services and SMC Global Securities?
Ans. As of September 2026, JM Financial has a market cap of approximately Rs 12,153 crore, Edelweiss Financial Services is at approximately Rs 13,162 crore, and SMC Global Securities is at approximately Rs 1,784 crore.
Which of the three has the highest PE ratio?
Ans. Among JM Financial, Edelweiss Financial Services and SMC Global Securities, the PE ratios stand at 10.94, 18.49 and 16.23 respectively as of September 2026.
Which of the three has the highest ROE?
Ans. JM Financial, Edelweiss Financial Services and SMC Global Securities post ROE of 11.28%, 13.58% and 7.82% respectively as of September 2026.
Which of these three stocks pays the highest dividend yield?
Ans. JM Financial, Edelweiss Financial Services and SMC Global Securities carry dividend yields of 2.56%, 1.08% and 1.41% respectively.
What is the debt to equity ratio for JM Financial, Edelweiss Financial Services and SMC Global Securities?
Ans. JM Financial carries a debt to equity of 1.09, Edelweiss Financial Services of 4.02, and SMC Global Securities of 1.56.
Which of the three trades at the highest price to book value?
Ans. JM Financial, Edelweiss Financial Services and SMC Global Securities trade at price to book ratios of 1.14, 2.85 and 1.37 respectively.
Is one of JM Financial, Edelweiss Financial Services or SMC Global Securities better than the others?
Ans. This comparison does not declare one stock better than another; each company scores differently across valuation, profitability and dividend metrics, and the right fit depends on an individual investor’s own criteria and research.
