Is The Jammu & Kashmir Bank a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that The Jammu & Kashmir Bank Ltd is a below average quality company .

Is The Jammu & Kashmir Bank undervalued or overvalued?

The key valuation ratios of The Jammu & Kashmir Bank Ltd's currently when compared to its past seem to suggest it is in the Somewhat overvalued zone .

What is The Jammu & Kashmir Bank share price return in the past 10 years?

The Jammu & Kashmir Bank Ltd share price has declined -3.1% annually (CAGR) over the past ten years.

Is The Jammu & Kashmir Bank a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of The Jammu & Kashmir Bank Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

What is the P/E ratio of The Jammu & Kashmir Bank?

The latest standalone P/E ratio of The Jammu & Kashmir Bank as of 22-Nov-2024 is 5.15.

What is the P/B ratio of The Jammu & Kashmir Bank?

The latest standalone P/B ratio of The Jammu & Kashmir Bank as of 22-Nov-2024 is 0.86.

What is the 52-week high and low of The Jammu & Kashmir Bank?

The 52-week high of The Jammu & Kashmir Bank is Rs. 152.45 and the 52-week low is Rs. 88.20.

What is the TTM revenue of The Jammu & Kashmir Bank?

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of The Jammu & Kashmir Bank is Rs. 11909.07 (Cr.).

The Jammu & Kashmir Bank Ltd - Stock Valuation and Financial Performance

Name: The Jammu & Kashmir Bank
Brand: The Jammu & Kashmir Bank

BSE: 532209 | NSE: J&KBANK | Bank - Private | Small Cap

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J&K Bank Share Price

₹94.70 0.25 0.26%
as on 22-Nov'24 16:59

10 Year X-Ray of J&K Bank:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Standalone Basis ^P Consolidated Basis ^P

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	TTM
Net Interest Income (₹ Cr.)	2,651	2,710	2,512	2,871	3,384	3,707	3,771	3,911	4,745	5,204	5,392
YoY Gr. Rt. %	-	2.2%	-7.3%	14.3%	17.9%	9.5%	1.7%	3.7%	21.3%	9.7%	-
Total Income	7,655	7,348	7,179	7,117	8,488	8,992	8,803	8,757	10,112	12,038	12,806
YoY Gr. Rt. %	-	-4%	-2.3%	-0.9%	19.3%	5.9%	-2.1%	-0.5%	15.5%	19.1%	-
Adj EPS (₹ )	10.5	8.6	-31.3	3.6	8.4	-16	6.1	5.4	11.6	16.1	18.4
YoY Gr. Rt. %	-	-18.2%	-464.9%	NA	129.4%	-291.3%	NA	-11.2%	115.8%	38.2%	-
BVPS (₹ )	126	132.5	96.7	99.5	108.1	75.7	82	75.7	84	99.6	109.7
YoY Gr. Rt. %	-	5.1%	-27%	2.9%	8.6%	-30%	8.5%	-7.7%	10.9%	18.6%	-
To view Net Profit/Total Funds (%) Colour Rating Guide click here ⓘ
Net Profit/Total Funds (%)	0.7	0.5	-2	0.2	0.5	-1.1	0.4	0.4	0.9	1.2	1.3
To view Net NPA to Net Advances (%) Colour Rating Guide click here ⓘ
Net NPA to Net Advances (%)	2.8	4.3	5.1	4.9	4.9	3.5	3	2.5	1.6	0.8	0.9
To view Capital Adequacy Ratio (%) Colour Rating Guide click here ⓘ
Capital Adequacy Ratio (%)	-	-	-	-	-	-	-	-	-	-	-

CAGR ⓘ

CAGR Colour Code Guide ⓘ

	9 Years	5 Years	3 Years	1 Years
Net Interest Income	7.8%	9%	11.3%	9.7%
Total Income	5.2%	7.2%	11%	19.1%
Adj EPS	4.8%	14%	38.4%	38.2%
BVPS	-2.6%	-1.6%	6.7%	18.6%
Share Price	-3.1%	23.8%	33%	-14%

Key Financial Ratios


RATIOS \ YEARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	TTM
Interest Earned / Total Income	92.24	93.14	93.13	93.04	90.43	93.93	92.14	91.5	92.52	93.14	93
Margins	To view Margins Colour Rating Guide click here ⓘ
NIM (%)	3.7	3.7	3.3	3.4	3.6	3.8	3.5	3.5	3.8	3.8	3.4
Performance Ratios	To view Performance Ratios Colour Rating Guide click here ⓘ
Return on Equity (%)	8.6	6.6	-28.5	3.8	8	-20	7.7	7.8	15.2	18	16.5
Liquidity Ratio	To view Liquidity Ratio Colour Rating Guide click here ⓘ
CASA (%)	41.8	44.1	51.7	50.9	50.7	53.7	56.8	56.6	54.1	50.5	-

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 17.60%

Total Income has increased 10.99 CAGR in last 3 years

Net Profit has increased 38.36 CAGR in last 3 years

Net NPA to Net Advances has declined versus last 3 years average

Total income growth is good in last 4 quarters

No data to display

Latest Financials - The Jammu & Kashmir Bank Ltd.

	Standalone	Consolidated
TTM EPS (₹)	18.4	18.4
TTM Sales (₹ Cr.)	11,909	11,910
BVPS (₹.) ⓘ	109.7	109.3
Reserves (₹ Cr.) ⓘ	11,965	11,927
P/BV ⓘ	0.86	0.87
PE ⓘ	5.15	5.14

From the Market
52 Week Low / High (₹)	88.20 / 152.45
All Time Low / High (₹)	1.55 / 199.50
Market Cap (₹ Cr.)	10,428
Equity (₹ Cr.)	110.1
Face Value (₹)	1
Industry PE ⓘ	17.7

Management X-Ray of J&K Bank:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

0.00

* Pledged shares as % of Promoter's holding (%)

Valuation of J&K Bank

Price Calculator

Price Chart

Price to Earnings

Enterprise Value to EBIT

Price to Book-Value

Price to Sales

Dividend History

Analyst's Notes

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Key Ratios of J&K Bank

Standalone Basis Consolidated Basis

Adj EPS (Rs.)

Total Income (Cr.)

ROE (%)

BVPS (Rs.)

Profit And Loss

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Income	7,655	7,348	7,179	7,117	8,488	8,992	8,803	8,757	10,112	12,038
Interest Income	7,061	6,844	6,686	6,621	7,676	8,446	8,111	8,013	9,355	11,212
Other Income ⓘ	594	504	493	495	813	546	692	744	757	825
Expenditure	7,147	6,932	8,811	6,914	8,023	10,132	8,371	8,256	8,915	10,271
Interest Expense	4,410	4,133	4,174	3,751	4,292	4,740	4,340	4,102	4,610	6,009
Operating Expenses	1,409	1,546	1,710	1,984	2,479	2,728	2,879	3,593	3,644	3,752
Provisions	1,327	1,252	2,927	1,179	1,253	2,664	1,152	561	661	510
Profit Before Tax	820	692	-1,506	121	660	-1,100	534	743	1,784	2,385
Taxes	312	276	126	-82	195	39	102	241	587	617
Profit After Tax	509	416	-1,632	203	465	-1,139	432	502	1,197	1,767
Adjusted EPS (₹)	10.49	8.58	-31.31	3.64	8.35	-15.97	6.06	5.38	11.61	16.05
Dividend Payout Ratio (%)	20%	20%	0%	0%	0%	0%	0%	0%	4%	13%

Balance Sheet

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Equity and Liabilities
Share Capital ⓘ	48	48	52	56	56	71	71	93	103	110
Total Reserves ⓘ	6,062	6,375	5,624	6,106	6,570	6,322	6,754	7,920	9,840	12,126
Minority Interest	0	0	0	0	0	0	0	0	0	0
Deposits	65,756	69,390	72,463	80,006	89,639	97,788	1,08,061	1,14,710	1,22,038	1,34,775
Borrowings ⓘ	2,340	2,240	1,276	1,628	2,624	2,020	2,015	2,371	2,892	2,885
Other Liabilities	1,725	2,214	2,603	1,892	2,517	2,671	3,390	5,508	11,089	4,631
Total Liabilities ⓘ	75,931	80,268	82,019	89,688	1,01,406	1,08,872	1,20,292	1,30,602	1,45,962	1,54,527
Assets
Balance with RBI	2,373	3,127	3,591	4,328	4,875	2,947	3,685	7,750	7,794	7,250
Balance with Banks	1,361	76	1,795	3,925	987	6,835	5,812	1,035	1,085	927
Investments ⓘ	22,760	20,354	21,291	18,880	23,161	23,052	30,814	33,835	34,829	34,987
Advances	44,586	50,193	49,816	56,913	66,272	64,399	66,842	70,401	82,285	93,763
Net Block ⓘ	655	705	1,479	1,598	1,646	2,036	1,971	1,907	2,224	2,208
Other Assets	4,163	5,754	3,982	4,027	4,438	9,567	11,126	15,628	17,697	15,342
Total Assets ⓘ	75,931	80,268	82,019	89,688	1,01,406	1,08,872	1,20,292	1,30,602	1,45,962	1,54,527

Cash Flow

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Cash Flow From Operating Activity ⓘ	129	-219	2,451	2,362	-2,995	4,374	-11	-1,568	-421	-851
Cash Flow From Investing Activity ⓘ	-271	-136	-861	-164	-164	-114	-76	-85	-123	-257
Cash Flow From Financing Activity ⓘ	-338	-176	593	668	769	-339	-199	941	638	407
Net Cash Flow ⓘ	-480	-531	2,183	2,867	-2,391	3,921	-285	-713	94	-701

Finance Ratio

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Operational & Financial Ratios
EPS (₹)	10	9	-31	4	8	-16	6	5	12	16
DPS (₹)	2	2	0	0	0	0	0	0	1	2
BVPS (₹)	126	133	97	100	108	76	82	76	84	100
Margin Ratios
Yield on Advances (%)	15.8	13.6	13.4	11.6	11.6	13.1	12.1	11.4	11.4	12.0
Yield on Investments (%)	8.1	8.8	9.0	7.8	7.5	7.3	6.4	5.3	6.1	6.6
Cost of Liabilities (%)	6.5	5.8	5.7	4.6	4.7	4.8	3.9	3.5	3.7	4.4
NIM (%)	3.7	3.7	3.3	3.4	3.6	3.8	3.5	3.5	3.8	3.8
Interest Spread (%)	9.4	7.9	7.8	7.0	6.9	8.4	8.2	7.9	7.7	7.6
Performance Ratios
ROA (%)	0.7	0.5	-2.0	0.2	0.5	-1.1	0.4	0.4	0.9	1.2
ROE (%)	8.6	6.6	-28.5	3.8	8.0	-20.0	7.7	7.8	15.2	18.0
ROCE (%)	12.9	9.8	-18.1	3.5	10.9	-9.7	8.5	9.8	17.5	19.4
Efficiency Ratios
Cost to Income Ratio (%)	43.4	48.1	56.9	59.0	59.1	64.1	64.5	77.2	66.2	62.2
Operating Costs to Assets (%)	1.9	1.9	2.1	2.2	2.4	2.5	2.4	2.8	2.5	2.4
Valuation Parameters
Price/Book(x)	0.8	0.5	0.8	0.6	0.5	0.2	0.3	0.4	0.6	1.4

The Jammu & Kashmir Bank Ltd Stock News

The Jammu & Kashmir Bank Ltd FAQs

What is the share price of J&K Bank?

Company share prices are keep on changing according to the market conditions. The closing price of J&K Bank on 22-Nov-2024 16:59 is ₹94.70.

What is the market cap of J&K Bank?

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 22-Nov-2024 16:59 the market cap of J&K Bank stood at ₹10,428.2.

What is the P/E ratio of J&K Bank?

The latest P/E ratio of J&K Bank as of 22-Nov-2024 16:59 is 5.15.

What is the P/B ratio of J&K Bank?

The latest P/B ratio of J&K Bank as of 22-Nov-2024 16:59 is 0.86.

What is the 52-week high and low of J&K Bank?

The 52-week high of J&K Bank is ₹152.4 and the 52-week low is ₹88.20.

What is the TTM revenue of J&K Bank?

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of J&K Bank is ₹11,909 ( Cr.) .

About The Jammu & Kashmir Bank Ltd

The Jammu & Kashmir Bank Ltd. was incorporated in 1938, and is listed on the NSE and the BSE. It functions as a universal bank in the Union Territories of Jammu & Kashmir and Ladakh and as a specialised bank in the rest of the country. It is also designated as RBI’s agent for banking business, and carries out the banking business of the Union Territories of Jammu & Kashmir and Ladakh, besides collecting central taxes for CBDT. J&K Bank follows a two-legged business model whereby it seeks to increase lending in its home territory which results in higher margins despite modest volumes, and at the same time, seeks to capture niche lending opportunities on a pan-India basis to build volumes and improve margins. J&K Bank operates on the principle of 'socially empowering banking' and seeks to deliver innovative financial solutions for household, small and medium enterprises.

Business of the Bank

The Jammu & Kashmir Bank is engaged in banking Business. The Bank provides banking services, including CD's, educational loans, housing loans and car loans. The Bank also provides insurance services through a joint venture with MetLife India Insurance Company.

Products and Services of the bank

Personal Banking- Under this, it offers various products and services such saving accounts, loans, deposits, ATM facility, RTGS/NEFT facility, internet banking, demat services, etc.
NRI Banking- Besides various personal banking products, it also offers remittance services, consultancy services to its NRI Clients.
Priority and SME- It also caters to the priority and SME segments and offers various kinds of products to meet their various business requirements.

Milestones & Achievements

2010: JK Bank inaugurates 144th ATM at ZainakoteJ&K Bank launches Operation Clean Up'JK Bank launches An Poshe Tele Yeli Wan Poshe Over 100 LPG connections distributed at Chandanwari, UriJK Bank ATM network reaches to 292J&K Bank inaugurates Khidmat centre at Barmeen, Udhampur.
2011: J&K Bank inaugurates ATM in CTM premises KathuaJ&K Bank opens branch in Ashmuji KulgamJ&K Bank inaugurates new B/U premises at Lakhanpur, GhagwalJ&K Bank inaugurates RSETI at Poonch.
2012: J&K Bank opens ATM in DPL Budgam: Donates projector, laptop to SKIMS.
2013: J&K Bank bags two HR awardsJ&K Bank gets Best Bank Award.
2017: JK Bank hires Delloitte as their overhaul Consultants.
2019: The bank won the CSO100 Award for the year 2019 at a ceremony held in Pune, Maharashtra for adopting new ways of thinking to secure business assets with sophisticated tools and improved defenses.
2020: Jammu & Kashmir Bank has received approval to raise capital upto Rs 1000 crore by way of Non-Convertible, Redeemable, Unsecured, Basel III Compliant, Tier 2 bonds in the nature of debentures (debentures) on a private placement basis
2021: Jammu and Kashmir (J&K) Bank has received in-principle approval from board to transfer 8.23 per cent stake of J&K Government to Union Territory (UT) of Ladakh.