The Jammu & Kashmir Bank Ltd.

NSE: J&KBANK  SECTOR: Bank - Private

22.59
-0.41 (-1.78%)

Price Summary

Today's High

₹ 22.9

Today's Low

₹ 21.31

52 Week High

₹ 36

52 Week Low

₹ 11.05

FinStar

Ownership Stable
Ownership strength is slightly missing the benchmark.
ValuationAttractive
The stock is considerably attractive based on intrinsic value.
EfficiencyPoor
The company seems highly inefficient in case of asset management.
FinancialsWeak
Watch out! The company might not be able to sustain any adverse condition.

Company Essentials

Market Cap

1611.685668942 Cr.

CASA %

53.6560754757079

No. of Shares

71.3450938 Cr.

P/E

0

P/B

0.3

Face Value

₹ 1

Div. Yield

0%

Book Value (TTM)

₹  76.3599

Net Interest Income

3706.6676 Cr.

Cost To Income %

64.1384377603635

Promoter Holding

68.18%

EPS (TTM)

₹  -2.7196

CAR %

11.4%

ROE

-19.9585223116339 %

ROCE

-9.70756828267527 %

Profit Growth

-13.4900926725346 %

* Total debt includes long term borrowing, short term borrowing plus current maturities of long-term borrowing
* Ratios are based on latest Audited Financial Result.

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Price Chart 1w1m3m6m1Yr3Yr5Yr

* Prices are based on daily market changes.

Valuation Chart 1w1m3m6m1Yr3Yr5Yr

* The chart is based on the standalone earnings of the company.

Peer Comparison

View Full Peer Comparison
* The Peers list includes companies operating in the same industry and having comparable market cap.

ROE%

1 Year-19.96%
3 Year-2.7%
5 Year-5.98%

ROA%

1 Year-1.08%
3 Year-0.12%
5 Year-0.37%

Net NPA%

1 Year3.48%
3 Year4.42%
5 Year4.53%

 NIM

1 Year3.81%
3 Year3.59%
5 Year3.55%

CAR %

11.4

Cost of Liabilities %

4.74874801378265

PEG Ratio

0.03

Advances Growth %

-2.82540503319049

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Mar 2020 68.18 0
Dec 2019 59.23 0
Sep 2019 59.23 0
Jun 2019 59.23 0
Mar 2019 59.23 0
* Figures given above are % of equity capital

 Strengths

  • The company has been consistently maintaining a NIM of 3.59296854119243% since last 3 years.

 Limitations

  • The bank has a very low ROA track record. Average ROA of 3 years is -0.12034899322041%
  • Company has a low ROE of -2.69512764814456% over the last 3 years.
  • The Bank has a high NPA ; Average NPA of the last 3 years stands at 4.42333333333333%.
  • Low other Income proportion of 6.46343863516201%.
  • High Cost to income ratio of 64.1384377603635%.
  • Increase in Provision and contingencies of 148.079983707653% on YoY.

Quarterly Result (All Figures in Cr.)

PARTICULARS Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020
Interest Earned 2150.78 2067.36 2156.09 2038.32 2044.84
Other Income 112.16 128.66 120.91 119.62 149.63
Interest Expended 1208.17 1192.71 1168.85 1133.97 1100.96
Operating Expenses 658.27 667.75 726.01 693.75 590.32
Total Provisions 1428.17 283.22 620.49 266.37 324.92
Profit Before Tax -1031.67 52.34 -238.35 63.85 78.27
Tax -114.86 2.7 55.75 57.35 34.34
Net Profit -916.81 49.64 -294.1 6.5 43.93
Net NPA % 4.48 4.36 3.48 3.05 3.03
Gross NPA % 10.64 11.1 10.97 10.73 8.87
Return on Assets % -3.59 0.19 -1.11 0.02 0.16
NPM % -42.63 2.4 -13.64 0.32 2.15

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020
Interest Earned 6843.57 6685.8 6621.4 7675.56 8446.29
Other Income 504.03 492.86 495.31 812.63 545.92
Interest Expended 4133.48 4173.86 3750.61 4291.63 4739.62
Operating Expenses 1546.2 1710.46 1984.23 2478.66 2727.54
Total Provisions 976.23 2800.3 1260.92 1058.17 2625.1
Profit Before Tax 691.68 -1505.97 120.96 659.73 -1100.05
Taxes 275.65 126.32 -81.76 194.85 39.36
Net Profit 416.03 -1632.29 202.72 464.88 -1139.41
Adjusted EPS (Rs.) 8.58 -31.31 3.64 8.35 -15.97

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020
Equity and Liabilities
Share Capital 48.49 52.15 55.7 55.7 71.36
Total Reserves 6375.48 5624.35 6105.51 6570.4 6322.12
Deposits 69390.25 72463.09 80006.5 89638.9 97788.23
Borrowings 2240 1276.05 1628.34 2623.96 2019.58
Other Liabilities 2213.84 2603.04 1891.57 2517.34 2670.81
Total Liabilities 80268.07 82018.67 89687.62 101406.29 108872.1
Assets
Balance with RBI 3126.74 3590.97 4328.36 4874.97 2947.48
Balance with Banks 76.27 1794.96 3924.52 986.91 6835.35
Investments 20353.62 21290.89 18880.03 23160.5 23052.24
Advances 50193.29 49816.11 56912.74 66271.51 64399.07
Net Block 705.12 1478.97 1598.04 1645.73 2035.7
Other Assets 5754.44 3982.42 4027.37 4437.71 9567.44
Total Assets 80268.07 82018.67 89687.62 101406.29 108872.1
* Other Non-current Liabilities include Net deferred Liabilities

Corporate Actions

Company Presentations

Company News

J&K Bank Stock Price Analysis and Quick Research Report. Is J&K Bank an attractive stock to invest in?

 

The Indian Banking sector is rising rapidly due to infrastructure spending, favorable government policy, rising disposable income and increasing consumerism and easier access to credit.

The banking industry is in boom with growing demand across India. But is it the right time to invest in banking stocks is the question to be asked? We can look into more details and dig a little deeper into the analysis of the stock.

Let’s look at how J&K Bank is performing and if it is the right time to buy the stock of J&K Bank with detailed analysis.

  •  For Banking companies, The primary source of Income is interest earned on various loans given to individuals and corporates. J&K Bank has earned Rs 8446.2889 Cr. revenue in the latest financial year. It has posted decent revenue growth of 8.1028576205876 % in last 3 Years.

  • In terms of advances, the bank reported -2.82540503319049 % YOY,  fall . If you see 3 years advance growth, it stands at 8.935621789947 %.

  • Currently the company has a CASA ratio of 53.6560754757079 %. It’s overall cost of liability stands at 4.74874801378265 %. Also, the total deposits from these accounts stood at Rs 97788.2315 Cr.

  • The Bank has a Poor ROA track record. The ROA of J&K Bank is at -1.08371785799737 %.

  • The Lender is inefficiently  managing it’s overall asset portfolio. The Gross NPA and Net NPA stood at 9.11 % and 3.48 % respectively as on the latest financial year.

  • One other important measure of banks’ financial health is provisioning coverage ratio. The YoY change in provision and contingencies is positive at 148.079983707653 % which means it has increased from the previous year.

  • Non-Interest income or other incomes are very important for banks as it gives a regular source of income for bank with no additional risk. Other income of J&K Bank decreased and is currently at Rs 5.459207 Cr.

  • The company has a inadequate Capital Adequacy Ratio of 11.4 .

  • The best metric which provides insights about bank’s valuation is P/B ratio. Currently J&K Bank is trading at a P/B of 0.295835903399559 . The historical average PB was 0.50033323369605.

Brief about J&K Bank

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