Jana Small Finance Bank
- Market cap
- ₹ 4,052 Cr.
- P/E
- 8.4x
- P/B
- 0.95x
- 52-week range
- 330 – 606.95
- ROE
- 8%
- Dividend yield
- 0%
- Debt / equity
- 1.38
- Sector
- Banks
- Industry
- Other Bank
- Listed on
- NSE, BSE
About
Jana Small Finance Bank Limited is an India-based small finance bank, which provides a range of banking and financial services to individuals and enterprises. Its segments include Treasury, which consists of the investment portfolio of the Bank; Corporate/Wholesale Banking, which includes all advances to companies and statutory bodies; Retail Banking, which serves retail customers through a branch network, and Other Banking Operations. The Company’s products and services include savings accounts, current accounts, deposits, loans, cards, online banking, payments, and insurance. Its loan services include home loan, group loan, business loan for individuals, Agri individual loan, gold loan, and two-wheeler loan. Its online banking services include mobile banking, Internet banking, and corporate Internet banking. Its savings account services include select savings account, silver select account, and savings plus. The Company has approximately 802 banking outlets.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Other Bank: 9 companies →Jana Small Finance Bank against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)8.4 against a typical 14.6: cheaper than most peers (1st = cheapest).3rd of 9
- Sales growth+22.6% against a typical +22.6% from a year earlier.5th of 9
- Profit growth+126.7% against a typical +83.6% from a year earlier.2nd of 6
- Share price, 3 months−34% against a typical −16.9%.9th of 9
- Size₹ 4,051.9 Cr. market value against a typical ₹ 2,133.4 Cr. (1st = largest).4th of 9
Latest announcements
Exchange filings and their impact on the company.
- H1 FY27 profit of Rs 325.6 cr already equals FY26 full-year profit, signalling sharp earnings rebound.
Jana Small Finance Bank reported half-year ended September 2026 net profit of Rs 325.6 crore, already equal to FY26 full-year profit of Rs 326 crore. Implied Q2 profit is about Rs 170.6 crore versus Rs 75 crore a year ago. Gross NPA improved to 2.34%, capital adequacy stood strong at 19.95% with annualized return on assets at 1.39%, though net NPA rose to 1.17% from 0.91% in June 2026.
Credit ratings
Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates
Look closer
Rated A by 2 agencies- India Ratings has warned it may lower the rating soon.
| Agency | Current rating | Outlook | As of |
|---|---|---|---|
| CARE | Provisional CARE AA+ (SO) | — | 6 Jul 2026 |
| India Ratings | IND A | Rating Watch with Negative Implications | 30 Jun 2026 |
| ICRA | [ICRA]D(SO) | — | 23 Jan 2026 |
| Rating | Details | |||||
|---|---|---|---|---|---|---|
| 6 Jul 2026 | ▲ Upgrade4 notches | CARE A → Provisional CARE AA+ (SO) | — | CARE | ₹ 250.33 Cr. | |
| 30 Jun 2026 | Reaffirmed | IND A | — | India Ratings | ₹ 20,375 Cr. | |
| 17 Feb 2026 | Reaffirmed | CARE A | — | CARE | ₹ 150 Cr. | |
| 23 Jan 2026 | Reaffirmed | [ICRA]D(SO) | — | ICRA | ₹ 21.45 Cr. | |
| 9 Oct 2025 | Reaffirmed | IND A | — | India Ratings | ₹ 20,375 Cr. |
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 23 Oct 2026 | Financial Results | To consider and approve the financial results for the period ended September 30, 2026 |
| 15 Jul 2026 | Financial Results | To consider and approve the financial results for the period ended Jun 30, 2026 |
| 18 May 2026 | Fund Raising | To consider Fund Raising |
| 29 Apr 2026 | Financial Results | To consider and approve the financial results for the period ended March 31, 2026 |
| 6 Feb 2026 | Financial Results | To consider and approve the financial results for the period ended December 31, 2025 |
| 17 Oct 2025 | Financial Results | To consider and approve the financial results for the period ended September 30, 2025 |
Financials
Standalone figures in ₹ crore.
| ₹ Cr. | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1,038 | 1,112 | 1,167 | 1,166 | 1,177 | 1,184 | 1,241 | 1,294 | 1,374 | 1,445 | 1,515 | 1,587 |
| Interest | 490 | 520 | 557 | 572 | 585 | 602 | 655 | 686 | 709 | 709 | 732 | 768 |
| Expenses | 553 | 604 | 639 | 681 | 665 | 696 | 750 | 778 | 899 | 861 | 854 | 877 |
| Financing Profit | −5 | −13 | −29 | −87 | −72 | −114 | −164 | −171 | −235 | −126 | −72 | −59 |
| Financing Margin % | 0% | −1% | −2% | −7% | −6% | −10% | −13% | −13% | −17% | −9% | −5% | −4% |
| Other Income | 140 | 179 | 189 | 176 | 177 | 234 | 266 | 246 | 245 | 266 | 227 | 229 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 135 | 166 | 160 | 88 | 105 | 120 | 102 | 75 | 10 | 140 | 155 | 170 |
| Tax % | 0% | −93% | −7% | −9% | −5% | −3% | 0% | 0% | 0% | 0% | 0% | 0% |
| Net Profit | 135 | 322 | 171 | 97 | 111 | 123 | 102 | 75 | 10 | 140 | 155 | 170 |
| EPS in Rs | 26.54 | 30.76 | 16.31 | 9.25 | 10.56 | 11.75 | 9.69 | 7.13 | 0.92 | 13.28 | 14.74 | 16.1 |
| Gross NPA % | 2.2% | 2.1% | 2.6% | 3% | 2.8% | 2.7% | 2.9% | 2.9% | 2.6% | 2.5% | 2.4% | 2.3% |
| Net NPA % | 0.7% | 0.6% | 1% | 1% | 0.9% | 0.9% | 0.9% | 0.9% | 0.9% | 0.9% | 0.9% | 1.2% |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- —
- 5 Years
- 16%
- 3 Years
- 20%
- TTM
- 21%
- 10 Years
- —
- 5 Years
- 29%
- 3 Years
- 8%
- TTM
- 16%
- 10 Years
- —
- 5 Years
- —
- 3 Years
- —
- TTM
- —
- 10 Years
- —
- 5 Years
- 14%
- 3 Years
- 14%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| Jana Small Finance Bank | ₹ 377.50 | ₹ 4,052 Cr. | 8.4x | 1x | 8% | — |
| HDFC Bank | ₹ 692.10 | ₹ 10,66,990 Cr. | 16.5x | 2.2x | 13.7% | 25.6% |
| ICICI Bank | ₹ 1,395.00 | ₹ 10,01,336 Cr. | 19.3x | 2.9x | 16% | 25.9% |
| State Bank of India | ₹ 957.00 | ₹ 8,83,384 Cr. | 11.8x | 1.6x | 15.4% | 21.4% |
| Kotak Mahindra Bank | ₹ 430.10 | ₹ 4,27,849 Cr. | 20.2x | 2.1x | 11.4% | 24.5% |
| Union Bank of India | ₹ 178.50 | ₹ 1,36,260 Cr. | 6.6x | 1x | 15.8% | 33.2% |
Management
- Shrinivas Murty
- President and Head - Branch Banking and Marketing
- Ajay Kanwal
- Chief Executive Officer, Managing Director, Executive Director
- Abhilash Sandur
- Chief Financial Officer
- Ganesh Nagarajan
- Chief Operating Officer
- Amit Raj Bakshi
- Chief Human Resources Officer
- Ashish Gopal Saxena
- Chief Information and Digital Officer
- Lakshmi Raja Narayanamurthy
- Company Secretary and Compliance Officer
- Chitra Menon
- Chief Compliance Officer
Prices are delayed and for information only. Nothing on this page is investment advice.