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Jammu and Kashmir Bank Ltd share price logo

Jammu and Kashmir Bank Ltd

(J&KBANK)

₹96.224.69%

as on 04:01PM, 20 Dec 2024

Overview
News
Financials
Q2 2024 Results
Technicals

Jammu and Kashmir Bank Ltd Analyst Rating

based on 1 analysts

BUY

100.00%

Buy

0.00%

Hold

0.00%

Sell

Based on 1 analysts offering long term price targets for Jammu and Kashmir Bank Ltd. An average target of ₹155

Source: S&P Global Market Intelligence

Jammu and Kashmir Bank Ltd Share analysis

Jammu and Kashmir Bank Ltd price forecast by 1 analysts

Upside of53.53%

High

₹155

Target

₹155.00

Low

₹155

Jammu and Kashmir Bank Ltd target price ₹155, a slight upside of 53.53% compared to current price of ₹96.22. According to 1 analysts rating.

Source: S&P Global Market Intelligence

Jammu and Kashmir Bank Ltd Performance

  • Day's Low

    Day's High

    ₹95.5
    Day's Price Range
    ₹100.96
  • 52 Week's Low

    52 Week's High

    ₹88.11
    52-Week Price Range
    ₹152.5
1 Month Return+ 6.93 %
3 Month Return-7.1 %
1 Year Return-18.15 %
Previous Close₹100.96
Open₹100.86
Volume27.81L
Upper Circuit-
Lower Circuit-
Market Cap₹11,169.29Cr

Jammu and Kashmir Bank Ltd Key Statistics

P/E Ratio5.42
PEG Ratio1.49
Market Cap₹11,169.29 Cr
P/B Ratio1.35
EPS16.07
Dividend Yield1.6
SectorBanks
ROE18.01

Jammu and Kashmir Bank Ltd Peer Comparison

Company
Analyst ViewMarket Cap5 Year CAGRDebt to Asset RatioNet ProfitYearly Revenue
BUY₹11,169.29 Cr47.87%NA₹1,771 Cr₹12,050 Cr
BUY₹7,298.49 Cr19.71%NANANA
HOLD₹10,081.66 Cr-10.16%NA₹1,259 Cr₹15,453 Cr
BUY₹3,953.38 Cr-4.88%NANANA
NA₹7,599.29 Cr-1.53%NANANA

About Jammu and Kashmir Bank Ltd

Jammu and Kashmir Bank Limited (JKB), a state owned bank established in 1938, has a distribution network of 956 branches and 1382 ATMs across India. It offers banking services under three major divisions Support services, Depository services, Third party services; and mainly operates in four segments- Treasury, Corporate/wholesale banking, Retail banking, and other banking operations. In 1976, RBI declared it as ‘A Class Bank’. With Reuter News Agency, the Bank tied up in 1993 for fluctuation information about global foreign currency rates. In 1995, Banking Ombudsman Scheme was launched and loan delivery system introduced. JKB tied up with Infosys Technologies in 1999 to offer Internet Banking, launched Global Access Card in 2003, tied up with ICICI Bank to share ATM network in 2004, and signed MOU with Bajaj Tempo in 2004. After opening 564th branch at Srinagar in 2008, 40 more branches were established in 2013-14. Bank opened branches in Chennai, Kanpur, Agra and Kolkata in year 2006-07 and introduced new products related to rural finance in the same year. In 2013-14, the ATMs increased from 800 to 885. With an increase in the number of branches to 955 and ATMs to 1354 as on 31st March 2020, the Bank has allotted an preferential allotment of 156592546 equity shares of Re.1/ each fully paid up for cash to the Government of Jammu and Kashmir at the issue price of Rs 31.93 per equity share.

Share Price: ₹96.22 per share as on 20 Dec, 2024 04:01 PM
Market Capitalisation: ₹11,169.29Cr as of today
Revenue: ₹3,424.30Cr as on September 2024 (Q3 24)
Net Profit: ₹552.78Cr as on September 2024 (Q3 24)
Listing date: 22 Jul, 1998
OrganisationJammu and Kashmir Bank Ltd
HeadquartersSrinagar
IndustryBanks
E-voting on sharesClick here to vote

Key events for Jammu and Kashmir Bank Ltd

  • Jammu and Kashmir Bank Launches Virtual ATM Initiative - 23 Nov, 2024

    Jammu and Kashmir Bank has launched a Virtual ATM (vATM) to enhance digital access in rural areas lacking traditional banking facilities. This initiative, developed with Paymart, aims to empower customers and merchants through improved financial technology.
  • Jammu & Kashmir Bank Reports Strong Q2 Profit Growth - 12 Nov, 2024

    Jammu & Kashmir Bank reported a Q2 net profit of Rs 550.92 crore, up from Rs 381.07 crore YoY, driven by increased net interest income. The net NPA ratio improved to 0.85%, indicating better asset quality. Despite these positive results, the stock has declined 17.55% YTD.
  • J&K Bank Targets 16-17% Home Loan Growth - 09 Nov, 2024

    Jammu & Kashmir Bank aims for 16-17% home loan growth in FY25, supported by a 32% rise in Q2 operating profit to Rs 787 crore and improved interest margins.
  • J&K Bank Reports Strong Q2 Profit Growth - 28 Oct, 2024

    Jammu and Kashmir Bank's Q2 FY25 results show a 44.6% YoY increase in net profit, driven by improved asset quality and revenue growth. Despite recent share price volatility, the bank's performance reflects effective management and operational efficiencies.
  • J&K Bank Q2 Profit Surges 45% to Rs 551 Crore - 25 Oct, 2024

    Jammu & Kashmir Bank announced a 45% increase in Q2 profit to Rs 551 crore, driven by higher income and improved asset quality, with gross NPAs declining to 3.95%. Total income rose to Rs 3,420 crore, reflecting strong performance across segments.

Insights on Jammu and Kashmir Bank Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Revenue Rich

    img

    Revenue is up for the last 7 quarters, 2.68K Cr → 3.42K Cr (in ₹), with an average increase of 4.0% per quarter

  • imgPOSITIVE IMPACT

    Best in 3 Years

    img

    In the last 3 years, J&KBANK has outperformed top 5 stocks with highest market-cap in Banks

  • imgPOSITIVE IMPACT

    Profit Spike

    img

    Netprofit is up for the last 2 quarters, 418.5 Cr → 552.78 Cr (in ₹), with an average increase of 24.3% per quarter

  • imgPOSITIVE IMPACT

    Retail Holding Up

    img

    Retail Investor have increased holdings from 26.45% to 27.48% in Sep 2024 quarter

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 59.40% of holdings in Sep 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, ICICI Bank Ltd has given 29.4% return, outperforming this stock by 49.8%

  • imgNEGATIVE IMPACT

    MF Holding Down

    img

    Mutual Funds have decreased holdings from 3.68% to 3.63% in Sep 2024 quarter

  • imgNEGATIVE IMPACT

    FII Holding Down

    img

    Foreign Institutions have decreased holdings from 7.16% to 6.46% in Sep 2024 quarter

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 6 months, J&KBANK stock has moved down by -16.4%

Jammu and Kashmir Bank Ltd Financials

Value in ₹ crore
DetailsQ'3 23Q'4 23Q'1 24Q'2 24Q'3 24
Revenue₹2,957.34Cr (-)₹3,066.97Cr (↑3.71%)₹3,139.04Cr (↑2.35%)₹3,192.78Cr (↑1.71%)₹3,424.30Cr (↑7.25%)
Net Income₹383.77Cr (-)₹422.77Cr (↑10.16%)₹633.44Cr (↑49.83%)₹418.50Cr (↓33.93%)₹552.78Cr (↑32.09%)
Net Profit Margin12.98% (-)13.78% (↑6.16%)20.18% (↑46.44%)13.11% (↓35.03%)16.14% (↑23.11%)
Value in ₹ crore
Details2021202220232024
Total Assets₹1,20,291.95Cr (-)₹1,30,602.41Cr (↑8.57%)₹1,45,962.25Cr (↑11.76%)₹1,54,526.59Cr (↑5.87%)
Total Liabilities₹1,20,291.95Cr (-)₹1,30,602.41Cr (↑8.57%)₹1,45,962.25Cr (↑11.76%)₹1,54,526.59Cr (↑5.87%)
Value in ₹ crore
Details20202021202220232024
Operating Cash Flow₹4,374.33Cr (-)-₹10.66Cr (↓100.24%)-₹1,568.46Cr (↑14,613.51%)-₹420.51Cr (↓73.19%)-₹851.49Cr (↑102.49%)

Index Inclusions

S&P BSE PSU

₹19,024.28

-2.36 (-460.51%)

Nifty Small 100

₹18,714.30

-2.19 (-418.8%)

BSE 500

₹35,082.25

-1.9 (-680.42%)

S&P BSE Fin. Ser

₹11,379.57

-1.62 (-187.38%)

Nifty 500

₹22,319.40

-1.9 (-432.75%)

Nifty Smallcap 250

₹17,693.65

-2.01 (-363.55%)

S&P BSE 400 MidSmallCap

₹12,101.72

-2.24 (-276.79%)

S&P BSE AllCap

₹10,471.31

0.68 (71.07%)

S&P BSE 250 SmallCap

₹7,054.81

-2.03 (-146.24%)

BSE Small-Cap

₹55,149.22

-2.11 (-1188.47%)

Nifty MidSmallcap 400

₹19,899.40

-2.27 (-461.95%)

Jammu and Kashmir Bank Ltd Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
59.4%
0.00
Foreign Institutions
6.46%
-9.75
Mutual Funds
3.63%
-1.40
Retail Investors
27.48%
3.91
Others
3.03%
-8.56

Jammu and Kashmir Bank Ltd Key Indicators

Details20202021202220232024
Return On Equity %-19.967.687.7115.1418.01
Details20202021202220232024
Return On Assets %-1.090.360.380.811.15
Details20202021202220232024
Book Value Per Share (₹)74.9781.6975.3983.5199.19
Details20202021202220232024
Earning Per Share (₹)-16.586.095.4111.6216.07

Jammu and Kashmir Bank Ltd Valuation

Jammu and Kashmir Bank Ltd in the last 5 years

  • Overview

  • Trends

Lowest (-9.61x)

March 3, 2021

Today (5.42x)

December 19, 2024

Industry (15.85x)

December 19, 2024

Highest (9.32x)

February 8, 2024

LowHigh

Jammu and Kashmir Bank Ltd Earnings and Dividends

  • Jammu and Kashmir Bank Ltd Earnings Results

    Jammu and Kashmir Bank Ltd’s net profit jumped 44.04% since last year same period to ₹552.78Cr in the Q2 2024-2025. On a quarterly growth basis, Jammu and Kashmir Bank Ltd has generated 32.09% jump in its net profits since last 3-months.

    Read More about Earnings Results
  • Jammu and Kashmir Bank Ltd Dividends May,2024

    In the quarter ending March 2024, Jammu and Kashmir Bank Ltd has declared dividend of ₹2.15 - translating a dividend yield of 2.75%.

    Read More about Dividends

Jammu and Kashmir Bank Ltd Technicals Summary

Bearish

Neutral

Bullish

Bearish

Jammu and Kashmir Bank Ltd is currently in a Bearish trading position according to technical analysis indicators.

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Jammu and Kashmir Bank Ltd (J&KBANK) share price today is ₹96.22

Jammu and Kashmir Bank Ltd is listed on NSE

Jammu and Kashmir Bank Ltd is listed on BSE

  • Today’s highest price of Jammu and Kashmir Bank Ltd is ₹100.96.
  • Today’s lowest price of Jammu and Kashmir Bank Ltd is ₹95.5.

PE Ratio of Jammu and Kashmir Bank Ltd is 5.42

PE ratio = Jammu and Kashmir Bank Ltd Market price per share / Jammu and Kashmir Bank Ltd Earnings per share

Today’s traded volume of Jammu and Kashmir Bank Ltd(J&KBANK) is 27.81L.

Today’s market capitalisation of Jammu and Kashmir Bank Ltd(J&KBANK) is ₹11169.29Cr.

Jammu and Kashmir Bank Ltd(J&KBANKPrice
52 Week High
₹152.5
52 Week Low
₹88.11

Jammu and Kashmir Bank Ltd(J&KBANK) share price is ₹96.22. It is down -36.90% from its 52 Week High price of ₹152.5

Jammu and Kashmir Bank Ltd(J&KBANK) share price is ₹96.22. It is up 9.20% from its 52 Week Low price of ₹88.11

Jammu and Kashmir Bank Ltd(J&KBANKReturns
1 Day Returns
-4.74%
1 Month Returns
6.93%
3 Month Returns
-7.1%
1 Year Returns
-18.15%