Jana Small Finance Bank H1 FY27 Earnings update
H1 PBT equal to last FY PBT. Guidance for FY27 PAT raised to 100% increase y-o-y Highest ever PBT at Rs 170 Crs for Q2 FY27, higher by 127% y-o-y
Improving GNPA at 2.17% and NNPA at 1.08% on GLP NNPA to be below 1% considering claim lodged and expected in Q3 under Guarantee programs for Rs 68 crores GLP growth of 22% y-o-y & Deposits growth of 17% y-o-y
Secured Assets up 24% y-o-y with Secured book share at ~74% Operating expense lower than previous quarter.
The Board of Directors of Jana Small Finance Bank Limited at its meeting held today, approved the audited financial results for the quarter ended 30th September, 2026.
Key Highlights for Q2 FY27 performance:
* Asset GLP stands at rs 38,752 crores, growing by 22% y-o-y (3% q-o-q); 73.7% of GLP is now secured
* Secured assets grows by 24% y-o-y (4% q-o-q) and Unsecured grows by 17% y-o-y
* Total Deposits stands at rs 38,221 crores
* Deposits growth of 17% y-o-y
* CASA grows by 13% y-o-y; TD growth of 19% y-o-y
*Credit to Deposit ratio stands at 92.7%
* Capital Adequacy ratio at 20.0% with Tier-1 CRAR of 18.2%
* GNPA ratio is 2.17% and NNPA ratio is 1.08%
* PAT of Rs 170 crores for Q2 FY27 growth of 127% y-o-y
* NIM improves from 6.5% for Q2 FY26 to 7.5% in Q2 FY27
* Operating leverage working with Costs marginally lower q-o-q
* Cost to Income ratio improved from 67% to 64% q-o-q
Commenting on the performance, Mr. Ajay Kanwal, MD and CEO, Jana Small Finance Bank said “We are focused on delivering on our strategy of 80% secured assets with disciplined execution to get cost optimization. We continue to increasingly invest in digital and in AI led processes. The credit quality of the asset book is stable and we can see opportunities to grow in all our secured loans products. Our CASA is an area where we are very focused on improving in H2.”
Profit and Loss Statement:
Balance Sheet:
Key Ratios:
1Quarterly CAR includes interim period profits
2Advances for the purpose of GNPA/NNPA calculation includes Securitization book.
#NNPA to be below 1% considering claim lodged and expected in Q3 under Guarantee programs for Rs. 68 crores
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