Audio and Investor Brief of Conference Call held on May 05, 2026
J&KBANK · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Jammu & Kashmir Bank reported record FY 2026 net profit of Rs.2,363 crores, marking the 4th consecutive year of record annual profitability. The bank exceeded its market guidance on most parameters including deposits (11.3% vs guided), advances (16.8% vs guided), and CASA ratio (45.65% vs 45% guided). However, NIM came in at 3.60%, missing guidance due to the cumulative 125 bps RBI rate cuts in 2025 and intense deposit competition. The bank achieved strong operational efficiency with operating costs down 4%, improved business per employee to Rs.23.64 crores, and capital adequacy at 16.55%. For FY 2027, the bank has issued conservative guidance citing geopolitical uncertainties.
The bank demonstrated resilient performance with 13.5% profit growth despite NIM pressure, though investors may note the margin weakness and conservative FY2027 outlook. The planned Rs.1,250 crore capital raise for Expected Credit Loss implementation is a notable near-term event for shareholders.