Jana Small Finance Bank Ltd (JSFB) AI Stock Analysis

• Market Cap: ₹48.87B
• Dividend Yield: N/A
• Average Volume (3M): 7.96K
• Price to Earnings (P/E): 11.3
• Beta (1Y): 1.45
• Revenue Growth: 13.66%
• EPS Growth: -52.10%
• Country: IN
• Employees: 21,800
• Sector: Financial
• Sector Strength: 70
• Industry: Banks - Regional
• EPS (TTM): 9.69
• Shares Outstanding: 105,226,770
• 10 Day Avg. Volume: 4,655
• 30 Day Avg. Volume: 7,955
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• 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: ₹490.00
• Price Target Upside: 5.50% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 61 Neutral
• Price Target: ₹490.00 ▲(5.50% Upside)

Jana Small Finance Bank Ltd's overall stock score reflects mixed financial performance and bearish technical indicators. While the stock appears reasonably valued, declining revenue and profitability, combined with cash flow challenges, present significant risks. The lack of upward momentum in technical analysis further impacts the score.

Jana Small Finance Bank Ltd Business Overview & Revenue Model

Company Description

Jana Small Finance Bank Limited provides various banking products and services to individuals and enterprises in India. It operates through Treasury, Retail Banking, Corporate/Wholesale Banking, and Other Banking Operations segments. The company offers current and savings accounts; fixed, recurring, and other deposits; and loans, such as two-wheeler, group, business, gold, home improvement, agri group and individual, and home loans, as well as consumer education on loan overdue concepts. It also offers life, general, and health insurance products; cards; and investment and payment services, as well as mobile, internet, and corporate internet banking services. The company was formerly known as Janalakshmi Financial Services Limited and changed its name to Jana Small Finance Bank Limited in March 2018. The company was founded in 1999 and is based in Bengaluru, India.

How the Company Makes Money

Jana Small Finance Bank generates revenue primarily through the interest earned on loans and advances provided to customers. The bank offers various loan products, including personal loans, business loans, and microloans, which typically carry higher interest rates compared to traditional banks due to the higher risk associated with lending to underserved populations. Additionally, JSFB earns income from fees and charges related to account maintenance, transaction services, and other banking services. The bank may also receive income from investments in government securities and other financial instruments. Strategic partnerships with microfinance institutions and non-banking financial companies (NBFCs) further enhance its customer base and loan distribution, contributing to its overall revenue generation.

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 2023	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	35.68B	24.16B	22.15B	26.25B	16.68B	14.41B
Gross Profit	29.96B	24.16B	22.15B	26.25B	16.68B	14.41B
EBITDA	4.74B	5.34B	3.25B	7.31B	862.21M	1.67B
Net Income	5.01B	5.01B	2.56B	6.70B	174.71M	722.60M
Balance Sheet
Total Assets	384.64B	384.64B	256.44B	327.10B	201.89B	190.79B
Cash, Cash Equivalents and Short-Term Investments	44.59B	44.59B	19.16B	20.28B	15.36B	21.42B
Total Debt	38.67B	38.67B	54.77B	44.11B	37.10B	48.15B
Total Liabilities	343.45B	343.45B	238.46B	291.33B	189.88B	179.64B
Stockholders Equity	41.18B	41.18B	17.97B	35.77B	12.01B	11.15B
Cash Flow
Free Cash Flow	0.00	-25.49B	-11.63B	6.30B	8.18B	5.73B
Operating Cash Flow	0.00	-24.75B	-11.37B	12.31B	8.59B	6.15B
Investing Cash Flow	0.00	-3.21B	-4.34B	-7.80B	-13.30B	-12.66B
Financing Cash Flow	0.00	52.17B	21.04B	334.76M	-2.40B	19.17B

Jana Small Finance Bank Ltd Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 464.45
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

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 464.45 is below the 20-day moving average (MA) of 472.78, below the 50-day MA of 473.18, and above the 200-day MA of 456.94, indicating a neutral trend. The MACD of -3.73 indicates Positive momentum. The RSI at 44.39 is Neutral, neither overbought nor oversold. The STOCH value of 59.21 is Neutral, 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
UTIAMC	75 Outperform	₹167.93B	23.43	15.90%	1.98%	3.62%	-9.49%
CSLFINANCE	64 Neutral	₹6.37B	8.39	13.31%	1.07%	21.83%	7.57%
JSFB	61 Neutral	₹48.87B	11.25	―	―	13.66%	-52.10%
EQUITASBNK	55 Neutral	₹64.62B	-63.11	2.42%	1.76%	13.47%	-115.98%
ESAFSFB	41 Neutral	₹14.71B	-2.21	-26.75%	2.45%	-4.34%	-285.53%
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%

Jana Small Finance Bank Ltd Corporate Events

Jana Small Finance Bank Schedules Investor Meeting for Q1 Performance Update

Jana Small Finance Bank Ltd has announced a scheduled investor meeting to discuss the bank’s performance update for the first quarter of the financial year 2025-26. The meeting, which will be attended by the bank’s MD & CEO, CFO, and Head of Investor Relations, is set to take place physically at the bank’s head office in Bangalore. This engagement reflects the bank’s commitment to transparency and maintaining strong communication with its investors, which could potentially impact its market positioning and stakeholder relations.