Presentation for Conference Call scheduled for May 06, 2025
Awaiting price reaction for this filing.
J&K Bank reported a record annual net profit of ₹2,082 crore for FY25, up 17.8% year-on-year, marking the third consecutive year of lifetime-high profits. Total business crossed ₹2.60 lakh crore with net advances surpassing ₹1 lakh crore (up 11.1%). Asset quality improved sharply with GNPA falling to 3.37% from 4.08%, while NNPA held flat at 0.79%. Return on Assets rose to 1.32% (from 1.22%), CRAR strengthened to 16.29%, and cost-to-income ratio improved to 57.73% (from 62.24%). For Q4 FY25 alone, net profit was ₹584.54 crore, down 8.5% YoY but up 10% sequentially, supported by an 80% jump in other income.
Strong full-year results, improved asset quality, and a healthier capital position are positives for shareholders. However, the declining CASA ratio (47.01% vs 50.51%) and flat YoY net interest margin at 3.92% may limit the upside surprise. The stock may react positively given the record profit announcement, though mixed Q4 sequential trends warrant attention.