Jana Small Finance Bank Ltd

Jana Small Finance Bank Ltd

₹ 593 -0.98%
24 May - close price
About

Incorporated in July 2006, Jana Small Finance Bank Limited is a NBFC primarily engaged in providing MSME loans, affordable housing loans, term loans to NBFC, loans against fixed deposits, two-wheeler loans, and gold loans.[1]

Key Points

Leading Small Finance Bank[1] Jana Small Finance Bank is the fourth largest Small Finance Bank in terms of AUM and deposit size ending September 2023.

  • Market Cap 6,206 Cr.
  • Current Price 593
  • High / Low 699 / 365
  • Stock P/E 9.27
  • Book Value
  • Dividend Yield 0.00 %
  • ROCE 9.83 %
  • ROE 43.8 %
  • Face Value 10.0

Pros

  • Company has delivered good profit growth of 18.6% CAGR over last 5 years

Cons

  • Company has low interest coverage ratio.
  • Promoter holding is low: 22.5%
  • Earnings include an other income of Rs.671 Cr.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Peer comparison

Sector: Banks Industry: Banks - Private Sector

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Quarterly Results

Figures in Rs. Crores

Mar 2021 Dec 2021 Mar 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
Revenue 587 699 694 809 849 885 979 1,038 1,111
Interest 317 341 313 368 381 423 453 490 520
403 438 480 492 548 560 566 553 604
Financing Profit -134 -79 -100 -51 -80 -98 -41 -5 -13
Financing Margin % -23% -11% -14% -6% -9% -11% -4% -0% -1%
91 73 101 170 161 188 164 140 180
Depreciation 0 0 0 0 0 0 0 0 0
Profit before tax -43 -6 1 119 81 90 123 135 166
Tax % 0% 0% 0% 0% 0% 0% 0% 0% -93%
-43 -6 1 119 81 90 123 135 322
EPS in Rs -8.40 -1.21 0.25 23.53 15.97 17.81 24.22 26.54 30.76
Gross NPA % 6.38% 3.94% 2.44% 2.19% 2.11%
Net NPA % 3.62% 2.64% 0.87% 0.71% 0.56%
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Revenue 1,251 1,992 2,498 2,727 3,075 4,013
Interest 814 980 1,235 1,337 1,415 1,886
2,399 1,322 1,331 1,627 1,960 2,284
Financing Profit -1,963 -311 -68 -238 -300 -157
Financing Margin % -157% -16% -3% -9% -10% -4%
113 433 235 324 625 671
Depreciation 99 93 83 81 69 0
Profit before tax -1,949 30 84 5 256 514
Tax % 0% 0% 0% 0% 0% -30%
-1,949 30 84 5 256 670
EPS in Rs -413.32 5.94 16.62 1.07 50.46 64.02
Dividend Payout % 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: %
5 Years: 26%
3 Years: 17%
TTM: 31%
Compounded Profit Growth
10 Years: %
5 Years: 19%
3 Years: 94%
TTM: 161%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: %
1 Year: %
Return on Equity
10 Years: %
5 Years: 19%
3 Years: 24%
Last Year: 44%

Balance Sheet

Figures in Rs. Crores

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity Capital 47 51 51 51 55
Reserves 476 843 926 999 1,472
Preference Capital 150 150 150 150 270
8,285 12,551 17,201 18,046 22,611
637 700 913 1,092 1,505
Total Liabilities 9,446 14,145 19,091 20,189 25,644
332 259 211 170 123
CWIP 2 1 1 1 5
Investments 1,468 2,650 4,698 5,065 5,221
7,644 11,234 14,181 14,952 20,295
Total Assets 9,446 14,145 19,091 20,189 25,644

Cash Flows

Figures in Rs. Crores

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
2,771 949 615 859 -1,137 707
-231 -285 -1,266 -1,330 -434 -780
-2,489 -852 1,917 -240 2,104 33
Net Cash Flow 51 -188 1,266 -711 532 -40

Ratios

Figures in Rs. Crores

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
ROE % 5% 10% 1% 20%

Shareholding Pattern

Numbers in percentages

2 Recently
Mar 2024
22.54%
1.15%
17.70%
58.62%
No. of Shareholders 72,042

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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