The Jammu & Kashmir Bank Limited has informed the Exchange about Transcript
J&KBANK · price
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J&K Bank reported its third consecutive year of record profits, with FY25 net profit of Rs. 2,082 crore (up 17.8% YoY, or 37% excluding a Rs. 243 crore one-off gratuity reversal in FY24). Operating profit reached Rs. 2,930 crore (up 28.7% YoY). Other income jumped 38% to cross Rs. 1,000 crore, aided by Rs. 390 crore in technical write-off (TWO) recoveries. Key metrics were strong: NIM held steady at 3.92%, ROA at 1.32%, ROE at 17.37%, CASA at 47.01%, GNPA at 3.37%, NNPA at 0.79%, and slippage ratio at 0.92%. Capital adequacy stood at 16.29% with CET-1 at 12.95%. The Board declared a 215% dividend. For FY26, management guided credit growth of 12%, deposit growth of 10%, NIM of 3.70–3.80%, ROA around 1.32%, and GNPA below 3%. Management flagged that the bank may raise both debt and equity capital during FY26 to fund growth, and outlined a 5-year vision of Rs. 5,000 crore profit and Rs. 5 lakh crore business size.
Strong results with record profits and stable margins are positive for shareholders, supported by a healthy 215% dividend. However, FY26 NIM guidance of 3.70–3.80% (down from 3.92%) signals margin pressure from rate cuts, and the possibility of equity dilution via capital raise is a near-term overhang. Long-term growth outlook and asset quality remain encouraging.