Jana Small Finance Bank Ltd (JSFB) AI Stock Analysis

• Market Cap: ₹44.07B
• Dividend Yield: N/A
• Average Volume (3M): 5.69K
• Price to Earnings (P/E): 10.7
• Beta (1Y): 1.34
• Revenue Growth: 13.36%
• EPS Growth: -50.07%
• Country: IN
• Employees: 21,800
• Sector: Financial
• Sector Strength: 70
• Industry: Banks - Regional
• EPS (TTM): 7.13
• Shares Outstanding: 105,257,126
• 10 Day Avg. Volume: 4,739
• 30 Day Avg. Volume: 5,692
• PEG Ratio: -0.18
• Price to Book (P/B): 1.06
• Price to Sales (P/S): 0.81
• P/FCF Ratio: -1.71
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: Hold
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 62 Neutral
• Price Target: ₹493.00 ▲(17.44% Upside)

The overall stock score of 62 reflects mixed financial performance with strong gross profit margins but declining revenue and profitability. Technical indicators suggest bearish momentum, while valuation appears reasonable. The absence of earnings call and corporate events data limits further insights.

Positive Factors

Strong Gross Profit Margins

A strong gross profit margin showcases the company's ability to manage costs effectively, which can support long-term profitability and competitiveness.

Improved Leverage Management

Improved leverage management suggests better financial health and reduced risk, enhancing the company's ability to invest in growth opportunities.

Revenue from High-Interest Loans

Generating revenue from high-interest loans to underserved populations positions the company to benefit from financial inclusion trends, supporting long-term growth.

Negative Factors

Declining Revenue Growth

A significant decline in revenue growth indicates challenges in market expansion or product adoption, potentially impacting future profitability and market position.

Decreased Profitability Margins

Decreased profitability margins suggest pressure on earnings, which could hinder the company's ability to reinvest in growth and maintain competitive advantages.

Cash Flow Management Issues

Challenges in cash flow management can constrain the company's financial flexibility, affecting its ability to fund operations and growth initiatives sustainably.

Jana Small Finance Bank Ltd Business Overview & Revenue Model

Company Description

Jana Small Finance Bank Ltd (JSFB) is a prominent small finance bank in India, focused on providing a wide range of financial services to underserved segments of the population. The bank primarily operates in the sectors of retail banking, microfinance, and small business loans, offering products such as savings accounts, fixed deposits, personal loans, and housing finance. With a commitment to financial inclusion, JSFB aims to empower individuals and small enterprises with accessible banking solutions that cater to their specific needs.

How the Company Makes Money

Jana Small Finance Bank generates revenue through various channels, primarily by earning interest on loans provided to customers. The bank offers microloans, personal loans, and small business loans, which typically carry higher interest rates compared to traditional banking products, allowing for substantial interest income. Additionally, JSFB earns money through fees and commissions associated with account maintenance, transaction services, and other banking products. The bank may also generate income from investments in government securities and bonds. Strategic partnerships with microfinance institutions and organizations targeting financial inclusion further enhance its reach and customer base, contributing to its overall earnings. Overall, the combination of interest income from loans and fee-based services forms the core of JSFB's revenue model.

Jana Small Finance Bank Ltd Financial Statement Overview

Summary

Jana Small Finance Bank Ltd's financial performance is mixed. Strong gross profit margins are overshadowed by declining revenue growth and profitability margins. The balance sheet shows improved leverage, but cash flow challenges indicate potential liquidity issues.

Income Statement

Jana Small Finance Bank Ltd has shown a mixed performance in its income statement. The gross profit margin remains strong at 100%, indicating efficient cost management. However, the net profit margin has decreased from 25.5% in 2024 to 20.8% in 2025, reflecting a decline in profitability. The revenue growth rate is negative at -34% for 2025, which is a significant concern. EBIT and EBITDA margins have also decreased, indicating pressure on operational efficiency.

Balance Sheet

The balance sheet shows a stable debt-to-equity ratio of 0.94 in 2025, which is an improvement from previous years, indicating better leverage management. Return on equity has decreased to 12.2% from 18.7% in 2024, suggesting reduced efficiency in generating profits from shareholders' equity. The equity ratio is not provided, but the overall leverage position seems to be improving.

Cash Flow

The cash flow statement reveals challenges, with negative operating and free cash flow in 2025. The free cash flow to net income ratio is positive at 1.03, indicating that free cash flow covers net income, but the operating cash flow to net income ratio is negative, highlighting cash flow management issues. The free cash flow growth rate is not calculable due to negative values, suggesting volatility in cash generation.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	55.27B	53.67B	45.11B	36.30B	30.05B	26.76B
Gross Profit	31.12B	30.50B	26.25B	22.15B	16.68B	14.41B
EBITDA	4.15B	5.34B	5.76B	3.25B	982.86M	1.55B
Net Income	4.33B	5.01B	6.70B	2.56B	174.71M	722.60M
Balance Sheet
Total Assets	0.00	384.64B	327.10B	256.44B	201.89B	190.79B
Cash, Cash Equivalents and Short-Term Investments	0.00	44.59B	20.28B	19.16B	15.36B	21.42B
Total Debt	0.00	38.67B	111.06B	99.86B	71.13B	48.15B
Total Liabilities	-41.18B	343.45B	291.33B	238.46B	189.88B	179.64B
Stockholders Equity	41.18B	41.18B	35.77B	17.97B	12.01B	11.15B
Cash Flow
Free Cash Flow	0.00	-25.49B	12.92B	-11.63B	8.18B	5.73B
Operating Cash Flow	0.00	-24.75B	13.69B	-11.37B	8.59B	6.15B
Investing Cash Flow	0.00	-3.21B	-7.80B	-4.34B	-13.30B	-12.66B
Financing Cash Flow	0.00	52.17B	334.76M	49.01B	9.11B	19.17B

Jana Small Finance Bank Ltd Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 419.80
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Positive
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:JSFB, the sentiment is Negative. The current price of 419.8 is below the 20-day moving average (MA) of 439.23, below the 50-day MA of 451.14, and below the 200-day MA of 469.75, indicating a bearish trend. The MACD of -9.18 indicates Positive momentum. The RSI at 29.72 is Positive, neither overbought nor oversold. The STOCH value of 13.96 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:JSFB.

Jana Small Finance Bank Ltd Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
CSLFINANCE	66 Neutral	₹7.33B	8.85	―	0.93%	17.32%	13.66%
UTIAMC	65 Neutral	₹145.06B	24.59	―	2.30%	-9.65%	-30.52%
JSFB	62 Neutral	₹44.07B	10.69	―	―	13.36%	-50.07%
EQUITASBNK	56 Neutral	₹70.31B	-76.75	―	1.63%	10.02%	-120.18%
ESAFSFB	45 Neutral	₹13.66B	-2.31	―	2.64%	-8.71%	-2192.08%

Jana Small Finance Bank Ltd Corporate Events

Jana Small Finance Bank’s Transition to Universal Bank Halted by RBI

Jana Small Finance Bank Limited announced that its application to transition from a Small Finance Bank to a Universal Bank was returned by the Reserve Bank of India due to non-fulfillment of specific criteria. This decision may impact the bank’s strategic plans and its positioning within the financial industry, as it continues to focus on its current operations and market segment.

Jana Small Finance Bank Dispatches Postal Ballot Notice

Jana Small Finance Bank Limited has announced the dispatch of a postal ballot notice, confirmed through newspaper advertisements in Business Standard and Vishwavani. This step is part of the bank’s compliance with SEBI regulations, ensuring transparency and communication with stakeholders. The notice is also available on the company’s website, reflecting the bank’s commitment to maintaining open channels of information dissemination.

Jana Small Finance Bank Releases Q2 FY26 Earnings Call Transcript

Jana Small Finance Bank Limited has released the transcript of its earnings conference call for the quarter and half-year ended September 30, 2025. This announcement follows a prior intimation regarding the investor and analyst meet. The release of the transcript provides stakeholders with insights into the bank’s financial performance and strategic direction, potentially impacting its market positioning and stakeholder confidence.

Jana Small Finance Bank Releases Earnings Call Recording

Jana Small Finance Bank Limited announced the availability of an audio recording of its earnings conference call for the quarter and half-year ending September 30, 2025. This release is part of the bank’s efforts to maintain transparency and keep investors informed about its financial performance, which is crucial for stakeholders and could impact the bank’s market positioning.

Jana Small Finance Bank Releases Investor Presentation for Q2 and H1 FY2026

Jana Small Finance Bank Limited announced the release of its investor presentation for the quarter and half-year ending September 30, 2025. The presentation, which details the bank’s business and financial performance, is available on the company’s website. This update is significant for stakeholders as it provides insights into the bank’s operational progress and financial health, potentially impacting its market positioning and stakeholder confidence.

Jana Small Finance Bank Confirms Stability in Compliance Roles

Jana Small Finance Bank Limited has submitted a compliance certificate for the quarter ending September 30, 2025, to the National Stock Exchange of India and BSE Limited. The announcement confirms that there have been no changes in the positions of Company Secretary and Compliance Officer, held by Mrs. Lakshmi R. N, or in the role of Registrar and Share Transfer Agent, managed by KFin Technologies Limited, over the past two quarters. This indicates stability in the bank’s compliance and regulatory functions, which is crucial for maintaining investor confidence and ensuring smooth operations.