J&K Bank

Market Cap: Mid Cap
Industry: Public Banks
ISIN: INE168A01041
NSEID: J&KBANK
BSEID: 532209

INR

91.90

0.4 (0.44%)

BSENSE

Apr 11, 12:53 PM

BSE+NSE Vol: 33.15 lacs

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Half Yearly Results

Results Snapshot

Figures in Rs cr

Standalone Half Yearly Results

Sep'24

Sep'23

Sep'22

Sep'21

Sep'20

Sep'19

Mar'19

Interest Earned

6,117.93

5,421.23

4,402.17

3,980.76

4,083.16

4,222.84

4,072.61

Income On Investments

1,259.80

1,128.66

984.28

834.17

865.21

800.89

796.82

Interest On Balances With Rbi Other Inter Bank Funds

22.83

21.28

54.63

162.78

160.73

97.28

84.91

Interest / Discount On Advances / Bills

4,640.44

4,143.15

3,283.64

2,983.54

3,057.22

3,324.62

3,163.13

Others

194.86

128.14

79.62

0.27

0.00

0.05

27.75

Other Income

490.18

418.58

348.68

377.36

269.25

296.35

567.08

Total Income

6,608.11

5,839.81

4,750.85

4,358.12

4,352.41

4,519.19

4,639.69

Interest Expended

3,312.78

2,804.10

2,163.82

2,038.33

2,234.93

2,378.08

2,259.72

Net Interest Income

2,805.15

2,617.13

2,238.35

1,942.43

1,848.23

1,844.76

1,812.89

Total Expenditure (Excl Depreciation)

1,913.67

1,973.19

1,722.25

1,648.72

1,384.07

1,333.76

1,354.45

Employee Cost

1,347.42

1,453.01

1,264.15

1,209.81

1,009.90

928.20

903.40

Other Operating Expenses

566.25

520.18

458.10

438.91

374.17

405.56

451.05

Operating Profit Before Provisions and Contingencies

1,381.66

1,062.52

864.78

671.07

733.41

807.35

1,025.52

Exceptional Items

0.00

Provisions and contingencies

15.05

66.79

222.29

353.88

591.29

1,721.38

630.77

Profit Before Tax

1,366.61

995.73

642.49

317.19

142.12

-914.03

394.75

Tax

400.20

288.21

233.03

101.78

91.69

-19.09

76.20

Profit After Tax

966.41

707.52

409.46

215.41

50.43

-894.94

318.55

Extraordinary Items

0.00

Prior Period Expenses

0.00

Other Adjustments

0.00

Net Profit

966.41

707.52

409.46

215.41

50.43

-894.94

318.55

Face Value

1.0

Reserves

0.00

Earnings per share (EPS)

8.78

6.86

4.26

2.31

0.71

-16.07

5.72

Diluted Earnings per share

8.78

6.86

4.26

2.95

0.71

-16.07

0.0

Operating Profit Margin (Excl OI)

68.47%

62.37%

55.83%

49.69%

51.62%

27.65%

51.25%

Gross Profit Margin

22.34%

18.37%

14.59%

7.97%

3.48%

-21.64%

65.18%

PAT Margin

15.8%

13.05%

9.3%

5.41%

1.24%

-21.19%

7.82%

Net Interest Margin

1.94%

2.02%

1.87%

1.75%

1.81%

0.0%

Return on Assets

0.0%

CASA (%)

48.6%

50.61%

54.69%

55.34%

53.32%

0.0%

CASA Amount

67,035.00

64,069.27

63,279.94

58,807.69

53,574.15

0.00

Capital Adequacy Ratio (Total)

14.99%

14.53%

12.86%

12.8%

11.86%

11.17%

0.0%

Capital Adequacy Ratio (Tier 1)

12.7%

11.68%

11.34%

11.04%

10.05%

9.46%

0.0%

Provision Coverage Ratio (%)

90.54%

89.99%

85.58%

81.57%

80.4%

71.46%

0.0%

Amount of Gross NPAs

3,916.26

4,826.68

6,064.68

6,524.87

6,317.09

7,473.29

6,221.35

Amount of Net NPAs

813.39

917.36

1,566.77

2,063.65

2,023.32

2,942.04

3,239.61

% of Net NPAs

0.85%

1.04%

2.1%

3.02%

3.03%

4.48%

4.89%

% of Gross NPAs

3.95%

5.26%

7.67%

8.95%

8.87%

10.64%

8.97%

Public Share Holdings (%)

40.6%

36.59%

31.97%

29.88%

31.82%

40.77%

Pledged Promotor Holding (%)

0.0%

Pledged Capital (%)

0.0%

Number of ATMs

1424.0

1411.0

1422.0

1391.0

1374.0

0.0

Number of Branches

1008.0

1001.0

983.0

973.0

955.0

0.0

Half Yearly Analysis Highlights

Interest Earned

Growth in half year ended Sep 2024 is 12.85% vs 23.15% in Sep 2023

Net Profit

Growth in half year ended Sep 2024 is 36.59% vs 72.79% in Sep 2023

Operating Profit (PBDIT)

Growth in half year ended Sep 2024 is 30.04% vs 22.87% in Sep 2023

% of Net NPAs

Growth in half year ended Sep 2024 is -0.19% vs -1.06% in Sep 2023

% of Gross NPAs

Growth in half year ended Sep 2024 is -1.31% vs -2.41% in Sep 2023

Compare Half Yearly Results Of J&K Bank With

Select Peers

Figures in Rs cr

Standalone Half Yearly Results

Change(INR)

Change(%)

Interest Earned

6,117.93

2,25,396.54

-2,19,278.61

-97.29%

Income On Investments

1,259.80

56,288.87

-55,029.07

-97.76%

Interest On Balances With Rbi Other Inter Bank Funds

22.83

2,043.02

-2,020.19

-98.88%

Interest / Discount On Advances / Bills

4,640.44

1,60,221.14

-1,55,580.70

-97.1%

Others

194.86

6,843.51

-6,648.65

-97.15%

Other Income

490.18

26,432.42

-25,942.24

-98.15%

Total Income

6,608.11

2,51,828.96

-2,45,220.85

-97.38%

Interest Expended

3,312.78

1,42,651.55

-1,39,338.77

-97.68%

Net Interest Income

2,805.15

82,744.99

-79,939.84

-96.61%

Total Expenditure (Excl Depreciation)

1,913.67

53,435.09

-51,521.42

-96.42%

Employee Cost

1,347.42

30,273.32

-28,925.90

-95.55%

Other Operating Expenses

566.25

23,161.77

-22,595.52

-97.56%

Operating Profit Before Provisions and Contingencies

1,381.66

55,742.32

-54,360.66

-97.52%

Exceptional Items

0.00

Provisions and contingencies

15.05

7,955.15

-7,940.10

-99.81%

Profit Before Tax

1,366.61

47,787.17

-46,420.56

-97.14%

Tax

400.20

12,420.57

-12,020.37

-96.78%

Profit After Tax

966.41

35,366.60

-34,400.19

-97.27%

Extraordinary Items

0.00

Prior Period Expenses

0.00

Other Adjustments

0.00

Net Profit

966.41

35,366.60

-34,400.19

-97.27%

Face Value

1.00

0.00

Reserves

0.00

Earnings per share (EPS)

8.78

39.63

-30.85

-77.85%

Diluted Earnings per share

8.78

39.63

-30.85

-77.85%

Operating Profit Margin (Excl OI)

68.47%

72.76%

0.00

-4.29%

Gross Profit Margin

22.34%

21.20%

0.00

1.14%

PAT Margin

15.80%

15.69%

0.00

0.11%

Net Interest Margin

1.94%

3.18%

-1.24

-1.24%

Return on Assets

0.00%

0.00

0.00%

CASA (%)

48.60%

40.03%

8.57

8.57%

CASA Amount

67,035.00

19,36,199.00

-18,69,164.00

-96.54%

Capital Adequacy Ratio (Total)

14.99%

13.76%

1.23

1.23%

Capital Adequacy Ratio (Tier 1)

12.70%

11.32%

1.38

1.38%

Provision Coverage Ratio (%)

90.54%

75.66%

14.88

14.88%

Amount of Gross NPAs

3,916.26

83,369.23

-79,452.97

-95.3%

Amount of Net NPAs

813.39

20,294.32

-19,480.93

-95.99%

% of Net NPAs

0.85%

0.53%

0.32

0.32%

% of Gross NPAs

3.95%

2.13%

1.82

1.82%

Public Share Holdings (%)

40.60%

0.00%

40.60

40.60%

Pledged Promotor Holding (%)

0.00%

0.00

0.00%

Pledged Capital (%)

0.00%

0.00

0.00%

Number of ATMs

1,424.00

0.00

1,424.00

Number of Branches

1,008.00

0.00

1,008.00

Half Yearly - Interest Earned

Interest Earned 6117.93 Cr

in Sep 2024

Figures in Rs Cr

Growth in half year ended Sep 2024 is 12.85% vs 23.15% in Sep 2023

Half Yearly - Net Profit

Net Profit 966.41 Cr

in Sep 2024

Figures in Rs Cr

Growth in half year ended Sep 2024 is 36.59% vs 72.79% in Sep 2023

Half Yearly - Operating Profit (PBDIT)

Operating Profit (PBDIT) 1,381.66 Cr

in Sep 2024

Figures in Rs Cr

Growth in half year ended Sep 2024 is 30.04% vs 22.87% in Sep 2023

Half Yearly - % of Net NPAs

% of Net NPAs 0.85%

in Sep 2024

Figures in Rs %

Growth in half year ended Sep 2024 is -0.19% vs -1.06% in Sep 2023

Half Yearly - % of Gross NPAs

% of Gross NPAs 3.95%

in Sep 2024

Figures in Rs %

Growth in half year ended Sep 2024 is -1.31% vs -2.41% in Sep 2023