Jammu and Kashmir Bank Ltd
J&KBANK NSE
Jammu and Kashmir Bank Ltd
BanksNSE: J&KBANK BSE: 532209 Private Bank
Key Fundamentals
SmallcapPrivate BankBanksMarket Cap
₹16,375 Cr
Volatility
Moderate
P/E Ratio
7.13
EBITDA
₹0.00 Cr
Return on Equity
14.68%
Debt to Equity
0
Book Value
₹143.16
EPS
₹16.88
52W High
₹201.75
52W Low
₹97.35
Insights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
Log in to view Jammu and Kashmir Bank Ltd insights
59 extracted metrics + investor summaries across FY15–FY26.
Tapetide Score
Data-driven rating, 0–100. How it works →
Technical Indicators
Key Insights
Strengths
2- Stock is trading at 0.97 times its book value
- Company has delivered good profit growth of 40.7% CAGR over last 5 years
Weaknesses
5- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of 10.2% over past five years.
- Contingent liabilities of Rs.7,081 Cr.
- Company might be capitalizing the interest cost
- Promoter holding has decreased over last 3 years: -4.01%
Growth Rate
Revenue Growth
-3.93% ↘
Net Income Growth
6.23% ↗
Cash Flow Change
419.41% ↗
ROE
1.10% ↗
ROCE
5.16% ↗
EBITDA Margin (Avg.)
-8.52% ↗
AI Analysis — Bull vs Bear
anthropic claude-opus-4.6 3d agoAI opinion · based on fundamentals
Risk high
Jammu & Kashmir Bank trades at a PE of 7.1x and 1.04x book value with a market cap of Rs.16,582 Cr. The bank has delivered strong 5-year profit CAGR of 41% but sales growth remains modest at 10% over the same period, while contingent liabilities stand at Rs.7,081 Cr.
Bull Case 8
- Trading at 0.96x book value, offering a discount to book for a bank with 15% ROE last year
- PE ratio of 7.1x is significantly below the banking sector average, suggesting undemanding valuations
- Compounded profit growth of 41% CAGR over 5 years demonstrates strong earnings recovery
- 3-year ROE of 16% indicates improving return on equity from a 10-year average of 7%
- Stock CAGR of 43% over the past 1 year reflects strong price momentum
- Dividend yield of 1.44% provides income support at current levels
- 3-year compounded profit growth of 26% shows sustained earnings improvement beyond just one exceptional year
- 5-year stock CAGR of 34% demonstrates long-term wealth creation for patient investors
Bear Case 8
- Contingent liabilities of Rs.7,081 Cr represent a material risk relative to Rs.16,582 Cr market cap
- Sales growth of only 10.2% over past 5 years and just 5% TTM indicates slowing topline momentum
- Promoter holding has decreased by 4.01% over last 3 years, signaling potential dilution or reduced promoter confidence
- Low interest coverage ratio suggests vulnerability to margin compression in adverse rate environments
- Company might be capitalizing interest cost, which could overstate reported profitability
- 10-year ROE average of only 7% highlights the bank's historically weak profitability before recent recovery
- TTM profit growth has decelerated to 7% compared to 26% 3-year CAGR, suggesting earnings growth is plateauing
- Geographic concentration in J&K region exposes the bank to localized economic and geopolitical risks
This is AI-generated analysis, not financial advice. Do your own due diligence.
AI News Digest
anthropic claude-opus-4.6 1d ago Headwinds 1
- Q1 profit falls 12.5% YoY Jul 30
Q1FY26 standalone net profit fell 12.5% YoY to ₹424.18 crore due to rising tax and operating costs. Consolidated PAT declined 11.7% to ₹428.80 crore.
Positives 2
- Asset quality improves, GNPA drops Jul 30
GNPA improved to 2.37% and total business crossed ₹3 trillion, with total income up 6.9% YoY.
- Board considers Tier I capital raise Aug 5
Board met on Aug 11, 2026 to consider raising Tier I capital to strengthen capital base and regulatory compliance.
Neutral 3
- Director Ashish Kundra resigns Aug 20
Non-Executive Non-Independent Director Ashish Kundra (IAS) resigned effective August 20, 2026, citing official engagements.
- 88th AGM set for Sept 22 Aug 19
Annual General Meeting scheduled for September 22, 2026 at Sher-i-Kashmir International Conference Centre, Srinagar.
- MD to speak at investor meet Aug 5
MD & CEO to participate in Emkay Global Annual Investor Conference on August 12, 2026 in Mumbai.
TL;DR: J&K Bank faces near-term earnings pressure with Q1 profit declining 12.5% on higher tax and opex costs. However, asset quality is improving with GNPA at 2.37% and business scale crossed ₹3 trillion. The planned Tier I capital raise signals proactive balance sheet strengthening. Trend is mixed — topline growing but profitability under pressure from costs.
Quarterly Results
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 2,657 | 2,764 | 2,881 | 2,910 | 2,994 | 3,124 | 3,210 | 3,213 | 3,269 | 3,293 | 3,315 | 3,273 | 3,547 |
| Expenses | 1,062 | 982 | 906 | 705 | 954 | 980 | 996 | 1,075 | 1,061 | 958 | 964 | 889 | 1,095 |
| Financing Profit | 221 | 352 | 375 | 602 | 415 | 456 | 516 | 406 | 406 | 477 | 527 | 600 | 403 |
| Fin. Margin % | 8% | 13% | 13% | 21% | 14% | 15% | 16% | 13% | 12% | 14% | 16% | 18% | 11% |
| Other Income | 230 | 193 | 186 | 229 | 198 | 301 | 242 | 403 | 253 | 157 | 280 | 262 | 217 |
| Interest | 1,374 | 1,430 | 1,600 | 1,604 | 1,625 | 1,687 | 1,697 | 1,732 | 1,803 | 1,858 | 1,824 | 1,784 | 2,049 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| PBT | 452 | 545 | 561 | 830 | 614 | 757 | 758 | 810 | 659 | 635 | 807 | 862 | 621 |
| Tax % | 28% | 30% | 25% | 23% | 32% | 27% | 30% | 28% | 26% | 22% | 27% | 7% | 31% |
| Net Profit | 331 | 384 | 423 | 633 | 418 | 553 | 529 | 582 | 485 | 495 | 581 | 799 | 429 |
| EPS in Rs | 3.21 | 3.72 | 3.84 | 5.75 | 3.8 | 5.02 | 4.8 | 5.28 | 4.4 | 4.49 | 5.28 | 7.25 | 3.89 |
Profit & Loss
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 7,061 | 6,844 | 6,686 | 6,621 | 7,676 | 8,446 | 8,111 | 8,013 | 9,355 | 11,213 | 12,541 | 13,151 | 13,429 |
| Expenses | 2,336 | 2,466 | 4,431 | 3,154 | 3,439 | 5,234 | 3,802 | 3,774 | 3,567 | 3,437 | 3,840 | 3,869 | 3,907 |
| Financing Profit | 316 | 245 | -1,919 | -283 | -55 | -1,527 | -30 | 137 | 1,178 | 1,768 | 1,960 | 2,013 | 2,007 |
| Fin. Margin % | 4% | 4% | -29% | -4% | -1% | -18% | 0% | 2% | 13% | 16% | 16% | 15% | 15% |
| Other Income | 599 | 509 | 497 | 501 | 817 | 509 | 701 | 753 | 765 | 838 | 1,147 | 951 | 918 |
| Interest | 4,409 | 4,132 | 4,173 | 3,750 | 4,291 | 4,739 | 4,340 | 4,101 | 4,609 | 6,008 | 6,741 | 7,269 | 7,515 |
| Depreciation | 95 | 64 | 85 | 97 | 104 | 126 | 134 | 144 | 158 | 218 | 168 | 0 | 0 |
| PBT | 820 | 689 | -1,507 | 121 | 659 | -1,144 | 537 | 747 | 1,786 | 2,388 | 2,939 | 2,964 | 2,925 |
| Tax % | 38% | 40% | 8% | -68% | 30% | 3% | 19% | 32% | 33% | 26% | 29% | 20% | — |
| Net Profit | 508 | 414 | -1,633 | 203 | 464 | -1,183 | 428 | 495 | 1,181 | 1,771 | 2,082 | 2,360 | 2,304 |
| EPS in Rs | 10.49 | 8.54 | -31.32 | 3.64 | 8.33 | -16.59 | 6.01 | 5.3 | 11.44 | 16.08 | 18.91 | 21.43 | 20.91 |
| Div. Payout % | 20% | 20% | 0% | 0% | 0% | 0% | 0% | 0% | 4% | 13% | 11% | 0% | — |
Balance Sheet
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 48 | 48 | 52 | 56 | 56 | 71 | 71 | 93 | 103 | 110 | 110 | 110 |
| Reserves | 6,060 | 6,372 | 5,621 | 6,102 | 6,566 | 6,274 | 6,731 | 7,984 | 9,793 | 12,083 | 14,098 | 16,390 |
| Borrowing | 1,740 | 2,240 | 1,276 | 1,628 | 2,624 | 2,020 | 2,015 | 2,371 | 2,892 | 2,885 | 2,383 | 3,431 |
| Deposits | 66,336 | 69,379 | 72,459 | 80,005 | 89,637 | 97,786 | 1,08,047 | 1,14,703 | 1,22,027 | 1,34,765 | 1,48,552 | 1,65,342 |
| Other Liabilities | 1,726 | 2,214 | 2,604 | 1,894 | 2,522 | 2,678 | 3,408 | 5,425 | 11,097 | 4,662 | 4,280 | 3,687 |
| Total Liabilities | 75,910 | 80,254 | 82,012 | 89,684 | 1,01,405 | 1,08,829 | 1,20,273 | 1,30,576 | 1,45,913 | 1,54,505 | 1,69,424 | 1,88,960 |
| Fixed Assets | 655 | 706 | 1,479 | 1,598 | 1,646 | 2,036 | 1,971 | 1,908 | 2,224 | 2,208 | 2,126 | 2,533 |
| CWIP | 34 | 59 | 64 | 17 | 29 | 35 | 41 | 46 | 47 | 50 | 66 | 0 |
| Investments | 22,740 | 20,334 | 21,271 | 18,860 | 23,140 | 22,990 | 30,774 | 33,785 | 34,780 | 34,900 | 41,122 | 40,520 |
| Other Assets | 52,481 | 59,156 | 59,198 | 69,210 | 76,589 | 83,768 | 87,486 | 94,837 | 1,08,860 | 1,17,347 | 1,26,110 | 1,45,906 |
| Total Assets | 75,910 | 80,254 | 82,012 | 89,684 | 1,01,405 | 1,08,829 | 1,20,273 | 1,30,576 | 1,45,913 | 1,54,505 | 1,69,424 | 1,88,960 |
Cash Flow
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating | 118 | -219 | 2,457 | 2,363 | -2,992 | 4,374 | -14 | -1,568 | -407 | -853 | 2,723 | -1,126 |
| Investing | -261 | -136 | -861 | -164 | -165 | -115 | -76 | -85 | -124 | -257 | -102 | -302 |
| Financing | -338 | -176 | 593 | 668 | 769 | -339 | -199 | 941 | 638 | 407 | -1,034 | -500 |
| Net Cash Flow | -480 | -531 | 2,189 | 2,867 | -2,388 | 3,920 | -289 | -712 | 107 | -702 | 1,587 | -1,928 |
| Free Cash Flow | -131 | -355 | 1,596 | 2,199 | -3,156 | 4,259 | -90 | -1,653 | -531 | -1,038 | 2,621 | -1,595 |
| CFO/OP | 10 | 4 | 112 | 73 | -70 | 140 | 2 | -31 | 1 | -5 | 40 | -4 |
Ratios
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE % | 9% | 7% | -27% | 3% | 7% | -18% | 7% | 7% | 13% | 16% | 16% | 15% |
Documents
1
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
8 May - Published May 5, 2026 Q4 and FY26 earnings call transcript; net profit INR2,363 crore, guidance shared. 8 May - Published May 5, 2026 Q4 and FY26 earnings call transcript; net profit INR2,363 crore, guidance shared.
2
DISCLOSURE UNDER REGULATION 30 AND 51 OF SEBI (LODR) REGULATIONS, 2015
7 May - RBI approved Kotak Mahindra Bank’s acquisition of up to 9.99% in Jammu and Kashmir Bank. 7 May - RBI approved Kotak Mahindra Bank’s acquisition of up to 9.99% in Jammu and Kashmir Bank.
4
Related Party Disclosure
4h - Discloses consolidated related party transactions for half-year ended 31 March 2026; total Rs 70.19 crore. 4h - Discloses consolidated related party transactions for half-year ended 31 March 2026; total Rs 70.19 crore.
5
Statement Of Deviation & Variation
1d - Filed Regulation 32 statement for multiple fund raisings; no deviation or variation for quarter ended March 31, 2026. 1d - Filed Regulation 32 statement for multiple fund raisings; no deviation or variation for quarter ended March 31, 2026.
Frequently Asked Questions about Jammu and Kashmir Bank Ltd
What does Jammu and Kashmir Bank Ltd do?
Jammu & Kashmir Bank (J&K Bank), incorporated in Jammu & Kashmir, India, is a publicly held banking company engaged in providing a wide range of banking services including Retail Banking, Corporate Banking & Treasury Operations.[1]
It is the only Private Sector Bank in the country assigned with ...
Where is Jammu and Kashmir Bank Ltd (J&KBANK) listed?
Jammu and Kashmir Bank Ltd is listed on the Indian stock exchanges. It is listed on NSE: J&KBANK and BSE: 532209. You can view its live share price, financials, and ratios on Tapetide.
Which sector does Jammu and Kashmir Bank Ltd belong to?
Jammu and Kashmir Bank Ltd operates in the Banks sector within the Private Bank industry. Sector classification helps investors compare companies affected by similar economic conditions and regulatory changes.
What is the market capitalisation of Jammu and Kashmir Bank Ltd?
Jammu and Kashmir Bank Ltd has a market capitalisation of approximately ₹16374.58 Cr. Based on this, it is classified as a Mid Cap stock.
What is the PE ratio of Jammu and Kashmir Bank Ltd?
The Price-to-Earnings (PE) ratio of Jammu and Kashmir Bank Ltd is 7.13. The PE ratio compares a company's share price to its earnings per share and is commonly used to assess whether a stock is overvalued or undervalued relative to its peers.
What is the 52-week high and low of Jammu and Kashmir Bank Ltd?
Over the past 52 weeks, Jammu and Kashmir Bank Ltd has traded between a low of ₹97.35 and a high of ₹201.75. This range helps investors understand the stock's price volatility and recent trading levels.
Does Jammu and Kashmir Bank Ltd pay dividends?
Yes, Jammu and Kashmir Bank Ltd has a dividend yield of 1.45%. Dividend yield indicates the annual dividend income relative to the share price. A consistent dividend history can signal financial stability.
What is the Return on Equity (ROE) of Jammu and Kashmir Bank Ltd?
Jammu and Kashmir Bank Ltd has a Return on Equity (ROE) of 14.68%. ROE measures how effectively a company uses shareholders' equity to generate profits. A higher ROE generally indicates better capital efficiency.
How can I research Jammu and Kashmir Bank Ltd on Tapetide?
On Tapetide, you can view Jammu and Kashmir Bank Ltd's live share price, quarterly results, profit & loss statements, balance sheet, cash flow, key ratios, shareholding pattern, technical indicators, analyst ratings, and forecasts — all on a single page without needing to sign up.
Company Information
Jammu & Kashmir Bank (J&K Bank), incorporated in Jammu & Kashmir, India, is a publicly held banking company engaged in providing a wide range of banking services including Retail Banking, Corporate Banking & Treasury Operations.[1] It is the only Private Sector Bank in the country assigned with responsibility of convening State/UT Level Bankers’ Committee (SLBC/UTLBC) meetings. The Bank continued to discharge its lead bank responsibility satisfactorily in 12 districts of UT of J&K, i.e. Srinagar, Ganderbal, Budgam, Baramulla, Bandipora, Kupwara, Anantnag, Kulgam, Pulwama, Shopian, Poonch and Rajouri.[2]