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Jana Small Finance Bank Ltd share Price Today

Company details

702.00
760.90
365.00
760.90
6M Return 0.00%
1Y Return 99.61%
Mkt Cap.(Cr) 7,685.80
Volume 792,343
Div Yield 0.00%
OI
-
OI Chg %
-
Volume 792,343

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Jana Small Finance Bank announced FY24 results:

Financial Highlights:

  • Net Interest Income has grown to Rs 2,127 crore in FY24 vs Rs 1,660 crore in FY23, up by 28.1% YoY
  • Loan AUM stands at Rs 24,746 crore, growing by 24.9% YoY
    • Secured book grew by 33% YoY
    • Affordable Housing book grew more than 57% YoY
    • Micro LAP loan book grew by 40% YoY
    • Two-wheeler book has increased by 107% YoY
    • Unsecured book grew by 14% YoY
  • Total Depositsstand at Rs 22,571 crore, growing by 38% YoY
    • CASA deposits stand at Rs 4,447 crore, increasing by 35% YoY
    • CASA ratio stands at 20% as at March-2024
  • Profit after tax (PAT) stood at Rs 670 crore in FY24 as compared to Rs 256 crore in FY23, registering a growth of 162% YoY. PAT for FY24 considers Rs 155 crore of DTA recognized in Q4FY24
  • GNPA improved to 2.0% as of March 31, 2024, as against 3.6% as of March 31,2023
  • NNPA improved to 0.5% as of March 31, 2024, as against 2.4% as of March 31,2023
  • PCR at 74% as of March 31, 2024
  • NIM% improved to 8.0% in FY24 as against 7.8% in FY23
  • ROA & ROE for FY24 stands at 2.4% and 26.9% respectively. ROA & ROE adjusted for DTA is at 1.8% and 20.7% respectively.

Commenting on the performance, Ajay Kanwal, MD and CEO, Jana Small Finance Bank said, “Our transformation to a customer led franchise serving aspirational India is showing strong acceptance and success. We continue to focus on meeting the needs of the underserved, from deposits to loans, with optionality of fully digital processes across all products. Our risk diversification has resulted in 60% of our loan book being classified as secured, primarily in the Home Loan and Loan Against Property (LAP) products. We foresee a huge opportunity for our business model and will strive to continue on this path with high standards of governance and customer service”.

Result PDF

View Other Company Results

Jana Small Finance Bank Ltd shares SWOT Analysis

Strengths (13)

  • Company with high TTM EPS Growth
  • Strong QoQ EPS Growth in recent results
  • New 52 week high today

Weakness (2)

  • Inefficient use of capital to generate profits - RoCE declining in the last 2 years
  • Declining Net Cash Flow : Companies not able to generate net cash

Opportunity (5)

  • Positive Breakout First Resistance ( LTP > R1)
  • Highest Recovery from 52 Week Low
  • Decrease in NPA in recent results

Threats (2)

  • Increasing Trend in Non-Core Income
  • Increase in Provisions in Recent Results

Resistance and support

R1 763.2
R2 791.5
R3 822.1
Pivot

732.58

S1 704.3
S2 673.7
S3 645.4
EMA SMA
653.4
592.0
-
-
634.4
584.8
-
-
Delivery and volume
CLIENT NAME DEAL TYPE ACTION DATE AVG. PRICE QUANTITY EXCHANGE
GRAVITON RESEARCH CAPITAL LLP Bulk Purchase 2024-05-02 645.28 742616 NSE
GRAVITON RESEARCH CAPITAL LLP Bulk Sell 2024-05-02 645.2 742616 NSE
Name Category Shares
JANA HOLDINGS LIMITED PROMOTER 22.54%

FINANCIALS

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Reserves and Surplus
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Jana Small Finance Bank Ltd Stocks COMPARISON

Financials( in Cr) Jana Small Finance Bank Ltd HDFC Bank Ltd ICICI Bank Ltd State Bank of India Axis Bank Ltd
Price 734.85 1,657.85 1,144.45 852.60 1,226.65
% Change 2.91 3.11 1.92 0.91 2.92
Mcap Cr 7,685.80 1,259,453.89 803,671.24 760,912.42 378,614.11
Revenue TTM Cr 4,013.05 170,754.05 121,066.81 439,188.51 87,448.37
Net Profit TTM Cr 669.54 46,148.70 34,463.03 68,138.26 10,852.66
PE TTM 11.16 19.10 17.85 11.23 13.95
1 Year Return 99.61 3.35 23.97 49.88 27.03
ROCE 0.00 0.00 0.00 0.00 0.00
ROE 10.77 17.20 17.66 18.97 8.75
INSIDER & INSTITUTIONAL ACTIVITY

Equity Capital: 3,566.50 Cr FV: 10.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 32,550.52 645.34
LAST 3M 103,712.87 -29,605.88
LAST 6M 176,931.00 -14,371.69
LAST 12M 290,309.13 100,312.35
Jana Small Finance Bank Limited - Analysts/Institutional Investor Meet/Con. Call Updates

Jun 18, 2024 l NSE Announcement

Jana Small Finance Bank Limited - Updates

Jun 13, 2024 l NSE Announcement

Jana Small Finance Bank Limited - Analysts/Institutional Investor Meet/Con. Call Updates

Jun 12, 2024 l NSE Announcement

Date Action Type Ratio
No data found

Jana Small Finance Bank Ltd Information

Stock PE (TTM)
11.16
Promoter Holding
22.54%
Book Value
340.9972
ROE
10.77%
Description
  • Jana Small Finance Bank Limited was incorporated as `Janalakshmi Financial Services Private Limited` on July 24, 2006 by the RoC at Bengaluru, Karnataka as a Private Company. Subsequently, the Bank converted to a Public Company effective from August 10, 2015, and name of the Bank was changed to `Janalakshmi Financial Services Limited`, on September 18, 2015. Thereafter, it received final approval, dated April 28, 2017 from the RBI, to establish and carry on business as an SFB. Pursuant to resolutions passed by Board and Shareholders on May 30, 2017 and January 12, 2018 respectively, name of the Bank was changed from `Janalakshmi Financial Services Limited` to `Jana Small Finance Bank Limited`, and a fresh Certificate of Incorporation dated January 29, 2018 was issued by the RoC consequent upon the change in name. As a new age digitalised bank, the Bank offer a range of digital products, services and platforms, both on mobile and internet. All banking and payment transactions, such as remittances can be completed through these platforms. The core banking is supported by integrated multi-channel operations. The Bank is one of the top four SFBs in India in terms of AUM and deposit size and is having the second most geographically diversified portfolio with a pan-India presence. The Bank has implemented technology solutions to execute cashless disbursement of loans. Their collections mechanism has also been digitized through the use of mobile applications. Apart from standard digital payment services, including NEFT, RTGS, IMPS, e-NACH/ NACH, it provide a UPI QR code-based EMI payment service. The primary unsecured loan products are group loans as per the joint liability group (JLG) model), agricultural and allied loans, and individual and micro business loans. Its primary secured loan products are affordable housing loans, MSME loans, gold loans, loans against fixed deposits, term loans to NBFCs, two-wheeler loans, and micro housing loans. In March 2008, the Bank was registered as an NBFC to commence the business of non-banking financial institution without accepting public deposits, which subsequently converted into a non-banking finance company-microfinance institution (NBFC-MFI) in September, 2013. The Bank later on received a final approval from the RBI to establish and carry on business as an SFB effective from April 28, 2017. It started operating as a Small Finance Bank (SFB) effective from March 28, 2018 and its name was included in the second schedule to the RBI Act on July 16, 2019 issued by the RBI. The Bank introduced several new products and services since April 1, 2017, such as gold loans in year, 2018, affordable housing loans and loans against fixed deposits and distribution of insurance products as a corporate agent in 2019, term loans to NBFC and two-wheeler loan business in November, 2020. In April 2020, it launched `DIGIGEN`, an integrated, paperless and digital account opening and KYC process. As of February 28, 2021, Bank had 611 Branches of which 166 are Unbanked Rural Centers and 134 ATMs. The Bank is planning to offer equity shares by raising capital of upto Rs. 700 crore through fresh issue and an offer for sale by issuing upto 9,253,659 equity shares through initial public offer.

No Data Found

AGM Date (Month) : Jun
Face Value Equity Shares : 10
Market Lot Equity Shares : 1
BSE Code : 544118
NSE Code : JSFB
Book Closure Date (Month) :
BSE Group : B
ISIN : INE953L01027

FAQ’s on Jana Small Finance Bank Ltd Shares

You can buy Jana Small Finance Bank Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Jana Small Finance Bank Ltd Share.

Company share prices and volatile and keep changing according to the market conditions. As of Jun 19, 2024 03:59 PM the closing price of Jana Small Finance Bank Ltd was Rs.734.85.

The latest PE ratio of Jana Small Finance Bank Ltd as of Jun 19, 2024 03:59 PM is 11.16

The latest PB ratio of Jana Small Finance Bank Ltd as of Jun 19, 2024 03:59 PM is 0.48

The 52-week high of Jana Small Finance Bank Ltd share price is Rs. 760.90 while the 52-week low is Rs. 365.00

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of Jun 19, 2024 03:59 PM, the market cap of Jana Small Finance Bank Ltd stood at Rs. 7,685.80.

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