| Announced on | Meeting on |
| Apr 26, 2024 | May 04, 2024 |
| Audited Results & Final Dividend | |
| Jan 03, 2024 | Jan 20, 2024 |
| Quarterly Results | |
| Dec 11, 2023 | Dec 14, 2023 |
| Others | |
| Oct 06, 2023 | Oct 20, 2023 |
| Quarterly Results & Others | |
| Jul 10, 2023 | Jul 24, 2023 |
| Quarterly Results | |
J&K Bank - Jammu & Kashmir Bank Share Price
NSE
- Open115.20
- High115.94
- Low113.82
- Prev Close114.52
- Volume23,15,794
- VWAP(₹)114.83
J&K Bank share price insights
Rank 202 - ET 5002023 ranking
Intraday fact check
In the last 19 years, only 3.81 % trading sessions saw intraday declines higher than 5 % .Loan Book Growth - Beating 5 Yr CAGR
Jammu & Kashmir Bank Ltd. reported a YoY increase of 13.95% in its advances, which is higher than its 5 yr CAGR of 7.8%. (Source: Consolidated Financials)Beating 3 Yr Revenue CAGR
Company's annual revenue growth of 19.07% outperformed its 3 year CAGR of 10.79%. (Source: Consolidated Financials)Sell Signal: Bearish trend in offing
5 day moving crossover appeared yesterday. Average price decline of -4.21% within 7 days of this signal in last 5 years.J&K Bank Share Price Update
Jammu & Kashmir Bank Ltd. share price moved down by -0.49% from its previous close of Rs 114.52. Jammu & Kashmir Bank Ltd. stock last traded price is 113.96
Share Price Value Today/Current/Last 113.96 Previous Day 114.52
J&K Bank Share Price Returns
| 1 Day | -0.49% |
| 1 Month | 4.98% |
| 3 Months | -17.27% |
| 1 Year | 73.72% |
| 3 Years | 180.69% |
| 5 Years | 178.29% |
Key Metrics
| PE Ratio(x) | 7.09 |
| EPS - TTM(₹) | 16.08 |
| MCap(₹ Cr.) | 12,619.55 |
| MCap Rank | 28 |
| PB Ratio(x) | 1.03 |
| Div Yield(%) | 1.89 |
| Face Value(₹) | 1.00 |
| 52W High(₹) | 152.50 |
| 52W Low(₹) | 60.40 |
| MCap/Sales | 1.32 |
| Beta(1 Month) | 0.71 |
| BV/Share(₹) | 110.72 |
J&K Bank Share Recommendations
Mean recosCurrent
STRONG BUY
1 Analysts
Strong
SellSellHoldBuyStrong
Buy
SellSellHoldBuyStrong
Buy
Analyst Trends
| Ratings | Current | 1W Ago | 1M Ago | 3M Ago |
|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 |
| Buy | - | - | - | - |
| Hold | - | - | - | - |
| Sell | - | - | - | - |
| Strong Sell | - | - | - | - |
| # Analysts | 1 | 1 | 1 | 1 |
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J&K Bank News & Analysis
NewsPaytm, Inox Wind among 736 BSE-listed stocks that hit lower circuit
NewsJammu & Kashmir Bank Q3 Results: Net profit jumps 35% YoY to Rs 421 crore
NewsYou can bank on these lenders to pocket 6% gains from stock prices Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Announcements
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J&K Bank Financials
Consolidated
Mar 2024 Dec 2023 Sep 2023 Jun 2023 Mar 2023 Total Income 3,139.04 3,066.97 2,957.34 2,887.52 2,680.68 Total Income Growth (%) 2.35 3.71 2.42 7.72 -0.15 Provisions & Contingencies -165.05 -9.43 -9.95 76.74 -175.20 Provisions & Contingencies Growth (%) - - -112.97 - -747.93 Profit after Tax (PAT) 633.44 422.77 383.77 331.24 472.62 PAT Growth (%) 49.83 10.16 15.86 -29.91 53.87 Gross NPA (%) - - - - - Net NPA (%) - - - - - Net Profit Margin (%) 20.18 13.78 12.98 11.47 17.63 Basic EPS (₹) 5.75 4.05 3.72 3.21 4.87 All figures in Rs Cr, unless mentioned otherwise
InsightsBeating 3 Yr Revenue CAGR
Company's annual revenue growth of 19.07% outperformed its 3 year CAGR of 10.79%. (Source: Consolidated Financials)
Annual FY 2024 FY 2023 FY 2022 FY 2021 FY 2020 Advances 93,756.60 82,277.61 70,393.08 66,841.73 64,399.07 Advances Growth (%) 13.95 16.88 5.31 3.79 -2.83 Deposits 1,34,763.24 1,22,027.18 1,14,702.77 1,08,047.30 97,785.83 Deposits Growth (%) 10.44 6.39 6.16 10.49 9.09 Total Equity 12,192.72 9,896.33 7,983.62 6,802.27 6,345.85 Total Equity Growth (%) 23.20 23.96 17.37 7.19 -4.17 Gross NPA (%) - 6.04 8.67 - - Net NPA (%) - 1.62 2.49 2.95 3.48 Capital Adequacy Ratios (%) 0.00 15.41 13.22 12.20 11.40 Contingent Liabilities 0.00 5,233.77 5,524.94 4,866.94 5,756.78 All figures in Rs Cr, unless mentioned otherwise
InsightsLoan Book Growth - Beating 5 Yr CAGR
Jammu & Kashmir Bank Ltd. reported a YoY increase of 13.95% in its advances, which is higher than its 5 yr CAGR of 7.8%. (Source: Consolidated Financials)Falling Gross NPA and Net NPA
The bank's gross NPA% and Net NPA% have fallen continuously over the past 4-years to 4.08% and 0.79%, respectively. (Source: Standalone Financials)
Annual FY 2024 FY 2023 FY 2022 FY 2021 FY 2020 Net Cash flow from Operating Activities -852.55 -407.13 -1,568.05 -14.17 4,373.94 Net Cash used in Investing Activities -257.26 -123.51 -85.18 -75.98 -114.69 Net Cash flow from Financing Activities 407.43 637.59 941.43 -198.75 -338.95 Net Cash Flow -702.38 106.95 -711.80 -288.90 3,920.29 Closing Cash & Cash Equivalent 8,196.48 8,898.86 8,791.91 9,503.70 9,792.60 Closing Cash & Cash Equivalent Growth (%) -7.89 1.22 -7.49 -2.95 66.76 All figures in Rs Cr, unless mentioned otherwise
InsightsIncrease in Cash from Investing
Company has used Rs 257.26 cr for investing activities which is an YoY increase of 108.28%. (Source: Consolidated Financials)
Annual FY 2024 FY 2023 FY 2022 FY 2021 FY 2020 Return on Equity (%) 14.52 13.70 7.03 7.34 -22.11 Return on Assets (%) 1.14 0.80 0.37 0.35 -1.08 Cost to Income (%) 35.45 42.61 47.68 46.01 60.29 Interest income to Earning assets (%) 7.25 6.41 6.13 6.74 7.76 Interest Expense to Earning assets (%) 3.88 3.15 3.14 3.60 4.35 Price to Earnings (x) 8.33 4.30 6.09 4.28 -0.75 Price to Book (x) 1.21 0.59 0.43 0.31 0.17 Price to Sales (x) 1.32 0.54 0.38 0.23 0.10 Operating Profit Margin (%) 8.31 4.63 -3.56 -3.61 -20.03
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Peer Comparison
NAME 1D 1W 1M 3M 1Y 3Y 5Y J&K Bank Stock Performance -0.46 -13.44 -11.15 -18.95 103.03 297.21 91.92 Bandhan Bank Stock Performance -1.32 10.65 13.98 6.82 -18.79 -34.38 -62.74 Karur Vysya Bank Stock Performance -0.11 4.49 9.61 15.80 88.00 286.76 164.89 RBL Bank Stock Performance -1.41 8.16 10.78 3.85 52.07 24.33 -60.25 City Union Bank Stock Performance 1.50 20.62 18.31 26.22 38.64 5.12 -20.00 All values in %
Insights
Stock Returns vs Nifty Midcap 100
Stock gave a 3 year return of 299.02% as compared to Nifty Midcap 100 which gave a return of 98.13%. (as of last trading session)Stock Returns vs Nifty Bank
Stock generated 299.02% return as compared to Nifty Bank which gave investors 43.11% return over 3 year time period. (as of last trading session)
Mutual Funds Ownership
MF Ownership as on 31 May 2024
Kotak Multicap Direct-G
Equity: Multi Cap
202.65
Amount Invested (in Cr.)
1.78%
% of AUM
7.39
% Change (MoM basis)
Kotak Multi Asset Allocation Fund Direct-G
Hybrid: Multi Asset Allocation
54.97
Amount Invested (in Cr.)
0.9%
% of AUM
0.00
% Change (MoM basis)
Aditya Birla SL PSU Equity Direct-G
Equity: Thematic-PSU
47.98
Amount Invested (in Cr.)
1.02%
% of AUM
0.00
% Change (MoM basis)
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Corporate Actions
Final
215%
May 06, 2024
Board Meeting
Audited Results & Final Dividend
Apr 26, 2024
Board Meeting
Quarterly Results
Jan 03, 2024
Announced on Ex-Date Dividend% May 05, 2023 Aug 17, 2023 50% May 24, 2016 Jul 11, 2016 175% May 18, 2015 Aug 13, 2015 210% May 15, 2014 Jul 24, 2014 500% May 06, 2024 - 215% No Data Available
Announced on Ex-Date Jun 12, 2014 Sep 04, 2014 Split: Old FV10.0| New FV:1.0 No Data Available
Announced on Meeting on Dec 15, 2023 Jan 16, 2024 - Jul 24, 2023 Aug 24, 2023 Rs.0.5000 per share(50%)Final Dividend & A.G.M. Jan 27, 2023 Feb 28, 2023 - Aug 02, 2022 Aug 24, 2022 - Apr 28, 2022 May 31, 2022 -
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About
Jammu & Kashmir Bank Ltd., incorporated in the year 1938, is a banking company (having a market cap of Rs 12,610.74 Crore).
Jammu & Kashmir Bank Ltd. key Products/Revenue Segments include Interest & Discount on Advances & Bills, Income From Investment, Interest and Interest On Balances with RBI and Other Inter-Bank Funds for the year ending 31-Mar-2023.
The Bank has reported Standalone Non Performing Assets (Gross NPAs) at .00 % of total assets and Standalone Net Non Performing Assets (Net NPAs) at .00% of total assets for the quarter ending 31-03-2024.
For the quarter ended 31-03-2024, the company has reported a Consolidated Total Income of Rs 3,139.04 Crore, up 2.35 % from last quarter Total Income of Rs 3,066.97 Crore and up 17.10 % from last year same quarter Total Income of Rs 2,680.68 Crore. The bank has reported net profit after tax of Rs 633.44 Crore in latest quarter.
The bank’s top management includes Mr.Baldev Prakash, Dr.Pawan Kotwal, Mr.R K Chhibber, Mr.Sudhir Gupta, Mr.Anand Kumar, Mr.Anil Kumar Goel, Mr.Naba Kishore Sahoo, Dr.Rajeev Lochan Bishnoi, Ms.Shahla Ayoub, Mr.Umesh Chandra Pandey, Mr.Pratik Dilip Punjabi, Mr.Mohammad Shafi Mir. It has Verma Associates as its auditoRs As on 31-03-2024, the company has a total of 110.12 Crore shares outstanding.
About J&K Bank
Jammu & Kashmir Bank Ltd., incorporated in the year 1938, is a banking company (having a market cap of Rs 12,610.74 Crore).Jammu & Kashmir Bank Ltd. key Products/Revenue Segments include Interest & Discount on Advances & Bills, Income From Investment, Interest and Interest On Balances with RBI and Other Inter-Bank Funds for the year ending 31-Mar-2023.The Bank has reported Standalone Non Performing Assets (Gross NPAs) at .00 % of total assets and Standalone Net Non Performing Assets (Net NPAs) at .00% of total assets for the quarter ending 31-03-2024.For the quarter ended 31-03-2024, the company has reported a Consolidated Total Income of Rs 3,139.04 Crore, up 2.35 % from last quarter Total Income of Rs 3,066.97 Crore and up 17.10 % from last year same quarter Total Income of Rs 2,680.68 Crore. The bank has reported net profit after tax of Rs 633.44 Crore in latest quarter.The bank’s top management includes Mr.Baldev Prakash, Dr.Pawan Kotwal, Mr.R K Chhibber, Mr.Sudhir Gupta, Mr.Anand Kumar, Mr.Anil Kumar Goel, Mr.Naba Kishore Sahoo, Dr.Rajeev Lochan Bishnoi, Ms.Shahla Ayoub, Mr.Umesh Chandra Pandey, Mr.Pratik Dilip Punjabi, Mr.Mohammad Shafi Mir. It has Verma Associates as its auditoRs As on 31-03-2024, the company has a total of 110.12 Crore shares outstanding.
Industry
Key Indices Listed On
Nifty Smallcap 100, Nifty 500, BSE 500, BSE 250 SmallCap Index, BSE SmallCap
Address
Corporate Headquarters,Maulana Azad Road,Srinagar, Jammu & Kashmir - 190001
Executive Leadership
BP
Baldev Prakash
Managing Director & CEOPK
Pawan Kotwal
Non Executive DirectorRK
R K Chhibber
Non Exe.Non Ind.DirectorSG
Sudhir Gupta
Non Ind.& Exe.DirectorShow More
Auditors
O Aggarwal & Co.
Dharam Raj & Co.
Arora Vohra & Co.
Hem Sandeep & Co
FAQs about J&K Bank share
- 1. What is J&K Bank share price and what are the returns for J&K Bank share?J&K Bank share price was Rs 113.96 as on 04 Jul, 2024, 03:15 PM IST. J&K Bank share price was down by 0.49% based on previous share price of Rs. 117.21. In last 1 Month, J&K Bank share price moved up by 4.98%.
- 2. How can I quickly analyze J&K Bank stock?J&K Bank share can be quickly analyzed on following metrics:
- Stock's PE is 7.09
- Price to Book Ratio of 1.03
- 3. What has been highest price of J&K Bank share in last 52 weeks?52 Week high of J&K Bank share is Rs 152.50 while 52 week low is Rs 60.40
- 4. Who owns J&K Bank?
- Promoter holding have gone down from 63.41 (30 Jun 2023) to 59.4 (31 Mar 2024)
- Domestic Institutional Investors holding has gone up from 2.42 (30 Jun 2023) to 7.9 (31 Mar 2024)
- Foreign Institutional Investors holding has gone up from 2.19 (30 Jun 2023) to 6.99 (31 Mar 2024)
- Other investor holding have gone down from 31.98 (30 Jun 2023) to 25.7 (31 Mar 2024)
- 5. What's the market capitalization of J&K Bank?J&K Bank share has a market capitalization of Rs 12,619.55 Cr. Within Banks sector, it's market cap rank is 28.
- 6. Which are the key peers to J&K Bank?Top 10 Peers for J&K Bank are City Union Bank Ltd., RBL Bank Ltd., Karur Vysya Bank Ltd., Karnataka Bank Ltd., Tamilnad Mercantile Bank Ltd., South Indian Bank Ltd., CSB Bank Ltd., DCB Bank Ltd., Dhanlaxmi Bank Ltd. and Bandhan Bank Ltd.
- 7. Is J&K Bank giving dividend?An equity Final dividend of Rs 0.5 per share was declared by Jammu & Kashmir Bank Ltd. on 05 May 2023. So, company has declared a dividend of 50% on face value of Rs 1 per share. The ex dividend date was 17 Aug 2023.
- 8. Who is the CEO of J&K Bank?Baldev Prakash is the Managing Director & CEO of J&K Bank
- 9. What are the J&K Bank quarterly results?On Consoldiated basis, J&K Bank reported a total income and profit of Rs 3139.04 Cr and Rs 633.44 respectively for quarter ending 2024-03-31. Total Income and profit for the year ending 2024-03-31 was Rs null Cr and Rs 1771.22 Cr.
- 10. What is the PE & PB ratio of J&K Bank?The PE ratio of J&K Bank stands at 7.13, while the PB ratio is 1.19.
- 11. Is J&K Bank a good buy?As per Refinitiv (erstwhile Thomson Reuters), overall mean recommendation by 1 analyst for J&K Bank stock is to Strong Buy. Recommendation breakup is as follows
- 1 analyst is recommending Strong Buy
- 12. What is the CAGR of J&K Bank?The CAGR of J&K Bank is 2.59.
- 13. What are the returns for J&K Bank share?Return Performance of J&K Bank Shares:
- 1 Week: J&K Bank share price moved down by 1.41%
- 1 Month: J&K Bank share price moved up by 4.98%
- 3 Month: J&K Bank share price moved down by 17.27%
- 6 Month: J&K Bank share price moved down by 11.62%
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