A private sector commercial bank that takes deposits and lends to retail and corporate customers, with its home franchise in Jammu & Kashmir and Ladakh. For the YTD period ended December 2024, retail banking accounted for 59.4% of segment revenue on a total segment revenue base of Rs 11,096.46 crore, corporate/wholesale banking 18.3%, treasury operations 21.6% and other banking the remainder. Retail spreads loans to individuals and small businesses, with the RAM book (Retail, Agriculture, MSME) making up over two-thirds of the loan book, while corporate/wholesale lending carries the highest EBIT margin in the segment mix at 62.4%. Treasury earns from the investment book and government securities. Net profit for FY26 was Rs 2,367.58 crore, up 13.485% year-on-year, with a five-year profit CAGR of 40.347%. The bank is diversifying beyond its home market and plans to add 50-70 branches in Rest of India over FY27-FY28. Recent filings show Corporate Agency Agreements signed with SBI Life and HDFC Life to sell insurance products through its branch network, and a planned sale of a 0.50% stake in PNB MetLife for about Rs 120.10 crore. AR · MarketPing reader · 2026-08-03
Revenue streams, as the annual report describes them. Other Retail Banking (59%), Treasury Operations (22%), Corporate/Wholesale Banking (18%), Other Banking Business (1%), Digital Retail Banking (0%). Private-sector commercial bank with a dominant regional franchise in J&K and Ladakh, diversifying into Rest of India.
| ₹ crore · consolidated | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | — | — | — | — | — |
| EBITDA (ex other income) | — | — | — | — | — |
| margin % | — | — | — | — | — |
| Owners' profit | 495 | 1,181 | 1,771 | 2,082 | 2,360 |
| EPS, as reported (₹) | 5.96 | 12.25 | 16.84 | 18.91 | 21.42 |
| ROE % · ROCE % | — · — | — · — | — · — | — · — | — · — |
| Debt / equity (x) | — | — | — | — | — |
| Cash from operations | (1,568) | (407) | (924) | 2,723 | (1,707) |
| Capex | — | — | — | — | — |
| ₹ crore | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | — | — | — | — | — | — | — | — |
| Profit before tax | 757 | 758 | 810 | 659 | 635 | 807 | 862 | 621 |
| Net profit | 553 | 532 | 585 | 486 | 495 | 588 | 799 | 425 |
| EPS (₹) | 5.02 | 4.80 | 5.28 | 4.40 | 4.49 | 5.28 | 7.25 | 3.89 |
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| HDFC BANK LTD | 10,90,797 | 13.8 | — | — | — | — | — | — |
| ICICI BANK LTD. | 9,89,606 | 17.6 | — | — | — | — | — | — |
| KOTAK MAHINDRA BANK LTD | 4,16,767 | 10.9 | — | — | — | — | — | — |
| AXIS BANK LIMITED | 3,87,606 | 13.9 | — | — | — | — | — | — |
| IDBI BANK LIMITED |
| Date · filing | Category | Importance | 1-day % | 5-day % |
|---|---|---|---|---|
| 11 Sept 2026 · J&K Bank Tier II bonds rating reaffirmed at CARE AA- with Stable outlook | credit debt | medium | — | — |
| 31 Aug 2026 · Two General Managers retire from J&K Bank on superannuation | management changes | medium | — | — |
| 31 Aug 2026 · New rotational director appointed on J&K Bank board | management changes | medium | — | — |
| 30 Aug 2026 · J&K Bank informs about 88th AGM notice published in newspapers | compliance | minimal | — | — |
| 29 Aug 2026 · J&K Bank files BRSR for FY26, targets carbon neutral by 2040 | general | medium | — | — |
| 29 Aug 2026 · J&K Bank files Integrated Annual Report for FY 2025-26; AGM on Sept 22, 2026 | general | medium | — | — |
| 29 Aug 2026 · J&K Bank 88th AGM on Sep 22; shareholders to vote on Rs 1,000 Cr equity raise | board shareholder meetings | low | — | — |
| 20 Aug 2026 · Director Ashish Kundra resigns from J&K Bank board | management changes | high | — | — |
| 20 Aug 2026 · Mr. Ashish Kundra, IAS resigns as Non-Executive Director of J&K Bank | management changes | medium | — | — |
| 20 Aug 2026 · Credit ratings affirmed at IND AA-/Stable by India Ratings | credit debt | medium | — | — |
| Where a broker report shows | This document shows | Why |
|---|---|---|
| A rating (BUY / ADD / REDUCE / SELL) | A state: the latest filed quarter and the measured reactions |
| 89,836 |
| 9.6 |
| — |
| — |
| — |
| — |
| — |
| — |
| FEDERAL BANK LTD | 85,024 | 18.1 | — | — | — | — | — | — |
| INDUSIND BANK LIMITED | 76,215 | 57.6 | — | — | — | — | — | — |
| IDFC FIRST BANK LIMITED | 74,268 | 33.2 | — | — | — | — | — | — |
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 7.0 | 12.4 | 1 of 20 | 100% |
| Profit growth | (12.5) | 29.5 | 20 of 20 | 0% |
| Market cap | 16045 | 48154 | 14 of 20 | 32% |
| an event is a fact; a rating is an opinion that requires SEBI RA registration |
| A target price and upside | The current price and the multiples against the group | a target is a forecast; a multiple is a measurement |
| Estimate years marked E | More audited years; no estimates | MarketPing publishes no forecasts — your own model lives on the Models page |
This document is a statistical summary of publicly filed information and market data, prepared by software from primary sources: SEBI results XBRL filed with BSE and NSE, LODR disclosures, shareholding patterns, exchange price data. It contains no research recommendation, no price target and no opinion on the merits of any security, and is not a research report within the meaning of the SEBI (Research Analysts) Regulations, 2014, Regulation 2(1)(w)(vii). Financial statements are as filed (consolidated where the company files consolidated results). Ratios are computed over filed lines. Where a figure is unavailable the table shows a dash rather than an estimate. The business brief is written by MarketPing's reader from the annual report and checked against it; no figure in a table was generated by a model. Nothing here constitutes investment advice, an offer or a solicitation; readers should consult a SEBI-registered adviser before acting. MarketPing is not a SEBI-registered intermediary.
