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Company Profile
Incorporated in November 2019, Jio Platforms Limited is a leading Indian technology company dedicated to providing extensive digital connectivity, digital services, and technology-driven solutions. The company operates a comprehensive platform that delivers a wide array of services to both consumers and businesses. Its consumer offerings include mobile and fixed broadband, digital entertainment, cloud storage, and smart home solutions, while its enterprise segment provides cloud, security, internet of things (IoT), and AI-based applications. Anchoring this vast ecosystem is its subsidiary, Reliance Jio Infocomm Limited, which served an impressive 533.3 million customers as of June 30, 2026.
Underpinning Jio’s services is a massive proprietary infrastructure, featuring pan-India 4G and 5G networks that cover more than 99% of the Indian population, alongside fiber connectivity across over 1,200 facilities. The company is heavily invested in continuous innovation, developing an indigenous 5G technology stack, fixed wireless access, and its proprietary AI platform, JioBrain. Driven by a nationwide distribution network and strong technological capabilities, Jio Platforms and its subsidiaries have filed 7,220 patent applications, successfully securing 1,043 granted patents as of June 30, 2026.
For the year/period ended (Rs. in Cr.)
| FY26 | FY25 | FY24 | |
|---|---|---|---|
| Total Revenue | 146885.3 | 128218.4 | 109558.1 |
| Profit After Tax | 30049.1 | 26109.0 | 21423.2 |
| EPS | 33.63 | 29.21 | 23.96 |
| EBITDA Margin (%) | 51.91 | 50.05 | 50.16 |
| PAT Margin (%) | 20.46 | 20.36 | 19.55 |
For year/ period ended ( in Cr.)
| Company Name | Market Cap (Cr.) | Price | P/BV | P/E | Sales (Cr.) FY26 |
Net Profits(Cr.) FY26 |
|---|---|---|---|---|---|---|
| Jio Platforms Limited | 1030490.5* | 1119 | 2.99 | 34.29 | 146885.3 | 30049.1 |
| Bharti Airtel Limited | 1153088 | 1852 | 7.57 | 36.9 | 210973 | 33823 |
| Vodafone Idea Limited | 135973 | 12.6 | – | – | 44873 | 34552 |
*Market cap @upper band
The Company JIO PLATFORMS LIMITED IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:
At the upper band of IPO Rs. 1119, the stock is valued at 34.29 P/E multiple. Hence, well-informed investors subscribe for medium to long term perspective.