Jammu and Kashmir Bank Limited share price

Key numbers

Market cap

₹ 16,088 Cr

Current price

₹ 146.10

52-week high / low

₹ 202 / 97

Stock P/E

7.0

Book value

₹ 154.3

Dividend yield

1.47%

ROCE

56.1%

ROE

14.6%

Debt to equity

0.20

Sales growth (3 yrs)

8.2%

Profit growth (3 yrs)

26.0%

1-year return

40.0%

About Jammu and Kashmir Bank Limited

Jammu and Kashmir Bank Limited provide various banking products and services. The company operates through Treasury Operations, Corporate/Wholesale Banking, Retail Banking, and Other Banking Business segments. It offers savings, current, salary, pension, and NRE and NRO accounts; and term deposits. The company also provides housing, consumer, education, term, car, coaching fee, personal consumption, and skill loans; festival advances; and laptop/PC, smartphone, school education, modular kitchen, Sahafat, solar equipment, and two-wheeler finance services, as well as cash credit schemes, and loans against gold ornaments and jewellery. In addition, it offers commercial vehicle, school bus, passenger bus/mini bus, dastkar, craftsmen, commercial premises, contractor, mini sheep farm establishment, construction equipment, and tourism financing services; Saral financing services to small businessmen; mortgage loans for trade and service sector, loans against property, fair price shop schemes, and start-ups financing services; Karobar cards; guaranteed emergency credit lines; credit guarantee schemes for subordinate debt; asset based agri loans, fruit advances schemes, and Giri finance…

Quarterly results

Consolidated figures in ₹ crores

Concall summary (2026-08-03)

AI summary of the earnings call transcript · tone: Positive · source document

Guidance & outlook

• The Bank continues to maintain its dominant position in J&K and Ladakh with a commanding market share of 61.13% of banking business as on 31st March 2026 and has recorded an improvement in deposit market share in 19 out of 22 districts in J&K and Ladakh during FY 2025-26.
• For this financial year, overall credit growth, I expect, although the guidance given is around 12%, but the actual credit growth will not be less than, say, 18% to 20%, I expect.

Growth & demand

• The growth in term deposits has outpaced the growth in CASA deposits, growing by over 24% Y-o-Y with CASA deposits growing by around 7.5%.

Margins & costs

• Jammu & Kashmir Bank Limited July 29, 2026 Now turning to our financial performance, the Bank has recorded an operating profit of INR703 crores for the quarter, registering a 5% Y-o-Y growth.
• Though on a sequential basis, the yields have improved marginally from 8.51% in the previous quarter.

Capex & expansion

• This is a reflection of a steady execution of our calibrated expansion strategy beyond our core geography and is helping create a more balanced and diversified balance sheet.

Risks & challenges

• The Bank has recorded a CASA ratio of 42.06% on 30th June 2026 , as CASA deposits have declined sequentially.
• Despite an operating environment marked by heightened macroeconomic uncertainty, our gross slippages were below 0.5% for the quarter and SMA numbers continue to moderate, which reflects the resilience of our portfolio, the quality of lending as well as the disciplined underwriting standards.

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