Jammu and Kashmir Bank Ltd logo

Jammu and Kashmir Bank Ltd

J%26KBANK NSE

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]

AI Verdict: BUY Confidence: 6%

J&K Bank trades at an attractive PE of 7.6x and PB of 1.18x with strong 5-year profit CAGR of 41%. While asset quality risks and geographic concentration persist, the valuation provides adequate margin of safety for patient investors.

Key Fundamentals

SmallcapPrivate BankBanks
Market Cap
₹17,492 Cr
Volatility
Moderate
P/E Ratio
7.39
EBITDA
₹0.00 Cr
Return on Equity
14.52%
Debt to Equity
0
Book Value
₹138.59
EPS
₹16.88
52W High
₹167.15
52W Low
₹97.35

Technical Indicators

Key Insights

Strengths

2
  • Stock is trading at 1.06 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 anthropic claude-opus-4.6 3d ago
BUY
Risk high

J&K Bank trades at an attractive PE of 7.6x and PB of 1.18x with strong 5-year profit CAGR of 41%. While asset quality risks and geographic concentration persist, the valuation provides adequate margin of safety for patient investors.

Bull Case 8
  • Extremely cheap valuation at PE of 7.6x, well below the banking sector median of 12-15x
  • Strong 5-year compounded profit growth of 41% CAGR demonstrates earnings turnaround
  • Trading at just 1.09x book value, offering deep value for a bank with 15% ROE
  • 3-year ROE of 16% indicates sustained improvement in return ratios from 7% over 10 years
  • Stock CAGR of 57% over 1 year reflects strong re-rating momentum with further room at current PE
  • 100% analyst buy rating (1 out of 1 analyst) signals positive institutional sentiment
  • Dividend yield of 1.32% provides income support while waiting for further re-rating
  • TTM profit growth of 13% continues the positive earnings trajectory on a higher base
Bear Case 8
  • Poor sales growth of just 10.2% over 5 years and decelerating to 5% TTM signals loan book growth challenges
  • Contingent liabilities of Rs.7,081 Cr pose material risk relative to market cap of Rs.18,182 Cr (39% of market cap)
  • Promoter holding decreased by 4.01% over last 3 years, indicating potential government stake dilution
  • Low interest coverage ratio raises concerns about ability to service obligations during stress scenarios
  • Geographic concentration in J&K exposes the bank to regional economic and geopolitical risks
  • 10-year stock CAGR of only 9% despite recent rally shows prolonged periods of value destruction historically
  • Potential interest cost capitalization suggests aggressive accounting that may overstate true profitability
  • Only 1 analyst covers the stock, indicating low institutional interest and potential liquidity risk

This is AI-generated analysis, not financial advice. Do your own due diligence.

AI News Digest

Anthropic anthropic claude-opus-4.6 14h ago
Neutral 2
  • No promoter shares pledged Jun 15

    J&K Bank promoters confirmed zero share encumbrance in FY26 under SEBI (SAST) Regulations, indicating clean promoter holding.

  • Two director appointments sought Jun 10

    J&K Bank initiated postal ballot for appointment of two directors, with e-voting scheduled from June 12 to July 11, 2026.

TL;DR: No material headwinds or positive catalysts emerged in the recent news flow for J&K Bank. Both developments are routine governance disclosures — clean promoter pledging and board reconstitution via postal ballot. The newsflow is quiet, suggesting stable but uneventful near-term outlook pending quarterly results or policy triggers.

Quarterly Results

  Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Revenue
2,512
2,657
2,764
2,881
2,910
2,994
3,124
3,210
3,213
3,269
3,293
3,315
3,273
Expenses
793
1,062
982
906
705
954
980
996
1,075
1,061
958
964
889
Financing Profit
457
221
352
375
602
415
456
516
406
406
477
527
600
Fin. Margin %
18%
8%
13%
13%
21%
14%
15%
16%
13%
12%
14%
16%
18%
Other Income
168
230
193
186
229
198
301
242
403
253
157
280
262
Interest
1,262
1,374
1,430
1,600
1,604
1,625
1,687
1,697
1,732
1,803
1,858
1,824
1,784
Depreciation
0
0
0
0
0
0
0
0
0
0
0
0
0
PBT
625
452
545
561
830
614
757
758
810
659
635
807
862
Tax %
24%
28%
30%
25%
23%
32%
27%
30%
28%
26%
22%
27%
7%
Net Profit
473
331
384
423
633
418
553
529
582
485
495
581
799
EPS in Rs
4.58
3.21
3.72
3.84
5.75
3.8
5.02
4.8
5.28
4.4
4.49
5.28
7.25
Figures in ₹ Crores

Profit & Loss

  Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
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
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
Financing Profit
316
245
-1,919
-283
-55
-1,527
-30
137
1,178
1,768
1,960
2,013
Fin. Margin %
4%
4%
-29%
-4%
-1%
-18%
0%
2%
13%
16%
16%
15%
Other Income
599
509
497
501
817
509
701
753
765
838
1,147
951
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
Depreciation
95
64
85
97
104
126
134
144
158
218
168
0
PBT
820
689
-1,507
121
659
-1,144
537
747
1,786
2,388
2,939
2,964
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
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
Div. Payout %
20%
20%
0%
0%
0%
0%
0%
0%
4%
13%
11%
0%
Figures in ₹ Crores

Balance Sheet

  Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 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
1,34,763
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
4,664
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
Figures in ₹ Crores

Cash Flow

  Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 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
Figures in ₹ Crores

Ratios

  Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
ROE %
9%
7%
-27%
3%
7%
-18%
7%
7%
13%
16%
16%
15%

Shareholding Pattern

As of Mar 2026
Promoters 59.40%
Public 20.27%
FIIs 8.34%
DIIs 6.00%
Others 5.99%
Total 100.00%
  Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Apr 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Promoters
68.18%
68.18%
70.12%
70.12%
70.12%
0.00%
68.03%
68.03%
68.03%
63.41%
63.41%
63.41%
59.40%
59.40%
59.40%
59.40%
59.40%
59.40%
59.40%
59.40%
59.40%
59.40%
FIIs
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
2.61%
0.00%
6.99%
7.16%
6.46%
7.07%
7.64%
8.01%
7.85%
8.14%
8.34%
DIIs
0.19%
0.22%
0.16%
0.23%
0.21%
0.00%
0.00%
2.12%
2.78%
2.66%
2.44%
4.92%
7.37%
8.15%
6.99%
6.66%
6.83%
6.70%
5.87%
5.76%
5.83%
6.00%
Government
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
Public
22.17%
22.96%
23.27%
23.67%
23.81%
0.00%
24.66%
23.70%
21.12%
26.20%
26.03%
23.54%
21.45%
20.32%
21.07%
21.94%
21.48%
21.06%
21.26%
21.39%
21.27%
20.27%
Others
9.46%
8.64%
6.46%
5.99%
5.86%
100.00%
7.31%
6.16%
8.07%
7.73%
8.11%
5.52%
11.78%
5.14%
5.38%
5.54%
5.22%
5.20%
5.46%
5.60%
5.36%
5.99%
No. of Shareholders
1,42,214
1,74,468
1,72,856
1,84,254
1,92,588
1,92,589
1,95,935
1,89,535
1,69,558
1,72,074
1,72,171
1,88,609
1,88,609
2,15,294
2,54,645
2,78,050
2,82,743
2,80,187
2,65,968
2,61,978
2,54,219
2,40,539

Documents

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%26KBANK 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 Financial Services sector within the Banks 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 ₹17492.28 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 7.39. 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 ₹167.15. 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 1.35%. 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 14.52%. 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]

Website jkb.bank.in
Listed 1998-07-22
Face Value ₹ 1
Issued Size 1,10,11,82,463

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