Jana Small Finance Bank Reports Strong Q1 FY27 Results: PAT Reaches ₹155 Crore amid Asset Growth and GNPA Improvement
Bengaluru, July 15, 2026: The Board of Directors of Jana Small Finance Bank Limited approved the audited financial results for the quarter ended June 30, 2026. The bank reported a Profit After Tax (PAT) of ₹155 crores for Q1 FY27.The results highlight robust growth across key metrics. Net Interest Income stood at ₹782 crore for Q1 FY27. Assets grew by 26% year-over-year (y-o-y), reaching a total Asset Gross Loan Portfolio (GLP) of ₹37,612 crores. Deposits also showed steady growth, totaling ₹35,756 crores, marking a 22% increase y-o-y.
The bank's asset portfolio remains well-structured. Secured assets saw a 29% rise y-o-y, while unsecured assets grew by 18% y-o-y. Currently, approximately 73% of the GLP is secured. Deposits were supported by CASA growth of 31% y-o-y, and Total Deposit (TD) increased by 19% y-o-y. The Credit to Deposit ratio stands at 97%.
Focus on Asset Quality and Profitability
Jana Small Finance Bank demonstrated an improvement in asset quality metrics. The Gross Non Performing Assets (GNPA) ratio was reported at 2.24%, down from 2.8% in Q1 FY26. The Net NPA ratio stood at 0.85%. Management noted that the bank maintained a strong focus on portfolio quality and cost flattening throughout the quarter.The bank's profitability also saw improvements, with the Net Interest Margin (NIM) increasing to 7.5% from 6.6% in Q1 FY26. The operating expenses growth remained nominal at 1.5% quarterly. Capital Adequacy ratio stood at 20.2%, with a Tier-1 CRAR of 18.3%.
The bank achieved profitability targets, with the MD and CEO, Mr. Ajay Kanwal, stating that "The Q4 FY26 performance trend continues in Q1 FY27. Focus on portfolio quality and flattening costs were the primary focus of the Bank. We are committed and confident of delivering guidance of 20%+ growth in GLP and Liabilities with 80% growth in PAT."
Financial Performance Overview (in ₹ Crore)
The following tables provide a detailed breakdown of the bank's financial standing across the quarters:Profit and Loss Statement:
| Particulars | Q1 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|
| Interest Income | 1,241 | 1,445 | 1,515 |
| Interest Expense | 655 | 709 | 732 |
| Net Interest Income | 586 | 736 | 782 |
| Other Income | 266 | 266 | 227 |
| Operating Income | 852 | 1,001 | 1,009 |
| Operating Expenses | 563 | 666 | 676 |
| Profit Before Tax | 102 | 140 | 155 |
| Profit After Tax | 102 | 140 | 155 |
Balance Sheet Summary:
| Particulars | As at 30th June 2025 | As at 31st March 2026 | As at 30th June 2026 |
|---|---|---|---|
| Capital | 105 | 105 | 105 |
| Reserves & Surplus | 4,126 | 4,365 | 4,627 |
| Deposits | 29,426 | 35,784 | 35,756 |
| Borrowings | 4,225 | 5,497 | 4,659 |
| Other liabilities and provisions | 1,477 | 1,696 | 1,665 |
| TOTAL | 39,359 | 47,448 | 46,812 |
Key Ratios Snapshot
A table summarizing the bank's critical operational and financial ratios across the reporting periods:| Particulars | Q1 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|
| CASA to Total Deposit (%) | 17.8% | 17.9% | 19.2% |
| Net Interest Margin | 6.6% | 7.2% | 7.5% |
| Cost to Income Ratio | 66.1% | 66.6% | 67.0% |
| Return on Average Assets | 1.1% | 1.3% | 1.4% |
| Return on Average Equity | 9.8% | 12.8% | 13.6% |
| Capital Adequacy Ratio (CAR) | 20.5% | 19.4% | 20.2% |
| Gross NPA (%) | 2.8% | 2.3% | 2.2% |
| Net NPA (%) | 0.9% | 0.9% | 0.8% |
About Jana Small Finance Bank Limited
Jana Small Finance Bank is a scheduled commercial bank and ranks as the fourth largest Small Finance Bank in India, possessing over 17 years of experience in lending and serving more than 12 million customers. Launched in March 2018, the bank operates across 23 states and two union territories through 826 branches.The management team maintains an average experience of 29 years. The bank has transformed from its origins as an NBFC-MFI, with over 70% of its lending book being secured primarily by mortgages. Jana Small Finance Bank is committed to creating a fast growing retail deposit franchise backed by high standards of customer service.
JSFB Stock Price Movement
Today, shares of Jana Small Finance Bank Limited rallied through the session, concluding at ₹488.90 after posting a 0.55% gain on the stock. This positive close saw the equity reach its 52-week high, amidst over 1.2 million shares being traded today.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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