JSFB

Jana Small Finance Bank Limited

Small finance bank with retail, MSME and gold loans

Financial Services›Financial Services›Banks›Other Bank

jana.bank.in(opens the company website in a new tab)
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Key metrics

Price as of 2026-10-16

Stock price
₹490.60
Market cap
5,167 Cr
Stock P/E
13.6
P/B
1.16
ROE (FY26)
7.4%

Full years shown; sign in free for the trailing twelve months. Learn about these metrics →

Price & valuation

Share price and valuation multiples (P/E, P/B and more) over time.

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Compare with peers

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What you need to know

Jana Small Finance Bank is a digitally led small finance bank that lends to individuals and small businesses (affordable housing, gold, MSME, vehicle and microfinance loans) and funds itself mainly through retail deposits.

Company snapshot

4thBy market cap

Ranked among 9 companies in Other Bank.

Segment mix

Reportable segments as of 2024-12-31 (Standalone). Revenue share = segment revenue ÷ total revenue.

Largest segment: 125.5% of revenue

SegmentRevenue shareRevenuePBTAssets
Corporate/Wholesale Banking
5.5%
224 Cr3 Cr—
Digital Banking Units
0.1%
3 Cr1 Cr—
Other Banking operations
2.4%
98 Cr98 Cr—
Other Retail Units
125.5%
5,086 Cr22 Cr—
Treasury
27.0%
1,096 Cr229 Cr—

Shares add up to 161% because segment revenues are before inter-segment eliminations.

What we see

Positives
  • ✓Cash flow from operations is higher than reported profit — earnings quality looks solid.

Statement tables · Standalone

Switches quarterly, P&L, balance sheet, and cash flow. Key metrics and ratios stay on consolidated when available.

Standalone only

Amounts in ₹ Cr · tap + to expand rows

Quarterly results

Quarterly · ₹ Cr · tap + rows to expand

MetricDec 2023Mar 2024Jun 2024Sept 2024Dec 2024Mar 2025Jun 2025Sept 2025Dec 2025Mar 2026Jun 2026
Net Interest Income548 Cr591 Cr610 Cr594 Cr593 Cr597 Cr595 Cr618 Cr675 Cr736 Cr782 Cr
Other income140 Cr180 Cr189 Cr176 Cr177 Cr234 Cr266 Cr247 Cr245 Cr266 Cr227 Cr
Net operating income688 Cr771 Cr799 Cr769 Cr770 Cr831 Cr861 Cr866 Cr920 Cr1,001 Cr1,009 Cr
Employee cost245 Cr259 Cr278 Cr296 Cr309 Cr327 Cr351 Cr356 Cr370 Cr384 Cr415 Cr
Other expenses148 Cr170 Cr165 Cr175 Cr181 Cr211 Cr212 Cr231 Cr263 Cr282 Cr261 Cr
Provisions & contingencies161 Cr175 Cr196 Cr210 Cr174 Cr173 Cr196 Cr204 Cr277 Cr195 Cr178 Cr
Depreciation———————————
Profit before tax135 Cr166 Cr160 Cr88 Cr105 Cr120 Cr102 Cr75 Cr10 Cr140 Cr155 Cr
Tax %0.0%-93.2%-6.5%-9.4%-5.1%-3.0%0.0%0.0%0.0%0.0%0.0%
Net profit135 Cr322 Cr171 Cr97 Cr111 Cr123 Cr102 Cr75 Cr10 Cr140 Cr155 Cr
EPS (₹)₹18.30₹34.55₹16.31₹9.25₹10.57₹11.76₹9.69₹7.13₹0.92₹13.28₹14.74

Profit & loss (annual)

Annual · last column is TTM · ₹ Cr · tap + to expand

MetricMar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Net Interest Income1,263 Cr1,390 Cr1,660 Cr2,127 Cr2,393 Cr2,593 CrSign in free for the trailing twelve months
Other income223 Cr336 Cr625 Cr671 Cr776 Cr1,022 CrSign in free for the trailing twelve months
Net operating income1,486 Cr1,726 Cr2,285 Cr2,798 Cr3,169 Cr3,615 CrSign in free for the trailing twelve months
Employee cost———975 Cr1,210 Cr1,460 CrSign in free for the trailing twelve months
Other expenses———630 Cr732 Cr989 CrSign in free for the trailing twelve months
Provisions & contingencies———679 Cr753 Cr839 CrSign in free for the trailing twelve months
Depreciation——————Sign in free for the trailing twelve months
Profit before tax———514 Cr474 Cr326 CrSign in free for the trailing twelve months
Tax %———-30.2%-5.9%0.0%Sign in free for the trailing twelve months
Net profit72 Cr17 Cr256 Cr670 Cr501 Cr326 CrSign in free for the trailing twelve months
EPS (₹)₹14.25₹3.44₹47.47₹90.85₹47.89₹31.02Sign in free for the trailing twelve months
Dividend payout %———0.0%0.0%0.0%Sign in free for the trailing twelve months
Sign in free for the trailing twelve months

The latest four quarters added up, next to each full year

Balance sheet

Annual · ₹ Cr · tap + rows to expand

MetricMar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity capital201 Cr201 Cr325 Cr105 Cr105 Cr105 Cr
Reserves914 Cr999 Cr1,472 Cr-3,908 Cr3,987 Cr4,328 Cr
Borrowings4,815 Cr4,510 Cr6,277 Cr5,211 Cr3,867 Cr5,497 Cr
Other liabilities13,149 Cr14,478 Cr17,569 Cr31,302 Cr30,505 Cr37,517 Cr
Total liabilities19,079 Cr20,189 Cr25,644 Cr32,710 Cr38,464 Cr47,448 Cr
Fixed assets (net)212 Cr172 Cr128 Cr142 Cr153 Cr199 Cr
CWIP——————
Investments4,698 Cr5,065 Cr5,221 Cr6,738 Cr5,945 Cr9,812 Cr
Loans & advances11,600 Cr13,007 Cr17,760 Cr23,111 Cr27,155 Cr33,828 Cr
Cash & bank2,125 Cr1,530 Cr1,011 Cr1,026 Cr2,816 Cr2,492 Cr
Other assets444 Cr415 Cr1,524 Cr1,694 Cr2,394 Cr1,117 Cr
Total assets19,079 Cr20,189 Cr25,644 Cr32,710 Cr38,464 Cr47,448 Cr

Cash flows

Annual · ₹ Cr · tap + rows to expand · last column includes FCF

MetricMar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from operating activity615 Cr859 Cr-1,137 Cr707 Cr4,073 Cr594 Cr
Cash from investing-1,266 Cr-1,330 Cr-434 Cr-780 Cr-321 Cr-4,133 Cr
Cash from financing1,917 Cr-240 Cr2,104 Cr33 Cr-1,331 Cr1,641 Cr
Net cash flow1,266 Cr-711 Cr532 Cr-40 Cr2,421 Cr-1,898 Cr
Free cash flow (OCF − Capex)573 Cr818 Cr-1,163 Cr630 Cr4,000 Cr471 Cr

Ratios

MetricMar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
ROE %6.5%1.5%14.2%18.7%12.3%7.4%

Regulatory ratios (standalone basis)

RBI ratios for the bank itself (standalone filing), on both views.

MetricMar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Gross NPA———487 Cr750 Cr847 Cr
Gross NPA %———0.0%0.0%2.5%
Net NPA———156 Cr254 Cr313 Cr
Net NPA %———0.0%0.0%0.9%
CET1 %———0.2%0.2%17.5%
Additional Tier 1 %———0.0%0.0%0.0%
ROA %———0.0%0.0%1.3%