Jana Small Finance Bank Ltd · NSE:JSFB
Jana Small Finance Bank — Q2 FY2026 Earnings Presentation
33 slides from Jana Small Finance Bank's earnings presentation, Oct 17, 2025
Slide 1: Investor Presentation for Quarter and Half year ended 30th September 2025
Jana Small Finance Bank Investor Presentation for Quarter and Half year ended 30th September 2025 (Q2 and H1 FY’2026) 17th October 2025
Slide 2: Disclaimer
Disclaimer This presentation is for information purposes only and does not constitute an offer, solicitation or advertisement with respect to the purchase or sale of any security of Jana Small Finance Bank (the “Bank”) and no part of it shall form the basis of or be relied upon in connection with an
Slide 3: All-Round Growth reflecting Strategic execution
All-Round Growth reflecting Strategic execution • Deposits and CASA – • Year-to-date (from March 2025), CASA grew by 14%, • YTD growth in Term Deposits of 11% • Total Deposits crossed Rs. 30,000 crore milestone; at Rs. 32,532 crore • Cost of Deposits at 7.88% for Q2 and 7.92% for H1 FY26, cost reduc
Slide 4: Challenges for H1
Challenges for H1 • Deposits and CASA – • Q1 was slower than anticipated but adequately covered in Q2. Trend to continue. • Secured Assets – • Disbursement is higher than Plan by 33% leading to higher upfront acquisition costs of ~Rs. 45 Crs , offset by additional income of ~Rs 30 Crs • Unsecured As
Slide 5: ~90% - Secured Book + under Guarantee (CGTMSE/ CGFMU)
~90% - Secured Book + under Guarantee (CGTMSE/ CGFMU) Unsecured book not Gross Loan Unsecured book under Particulars Secured book % under Guarantee Total Portfolio Guarantee scheme (%) scheme (%) As on 30th Sept 2025 31,655 72.5% 13.5% 14.0% 100% Projected as on 31st March ~35,500 74% - 75% 16% - 17
Slide 6: What this Guarantee strategy means for P&L
What this Guarantee strategy means for P&L Total Unsecured book Guarantee Out of which, Eligible for Premium Particulars unsecured covered under book % NPA Claims in FY Paid Book Guarantee schemes Balances as on 30th Sept 2025 8,715 4,280 49% 60 39 Projected balances as on 31st ~5 Crs ~9,000 – 9,200
Slide 7: National franchise with strong brand recognition
National franchise with strong brand recognition 814 Outlets; Presence in 23 States and 2 UTs Expansion plan for FY261 New Products launch plan No of branches TAMIL NADU 12.4% MAHARASHTRA 11.7% ODISHA 10.9% 26 MADHYA PRADESH 10.8% 22 KARNATAKA 7.9% 14 GUJARAT 7.7% 8 RAJASTHAN 6.0% WEST BENGAL 6.0% Q
Slide 8: PAT at Rs 177 Crs for H1 post accelerated provisioning of Rs 222 Crs
PAT at Rs 177 Crs for H1 post accelerated provisioning of Rs 222 Crs Particulars Q2 FY25 Q1 FY26 Q2 FY26 H1FY25 H1FY26 Regulatory Provision 149 46 132 291 178 Accelerated Provision 61 150 72 115 222 PBT 88 102 75 249 177 DTA (8) - - (19) - PAT 97 102 75 267 177 Adjusted PAT1 149 252 147 364 399 Adju
Slide 9: On track for advances growth of 20% for the year
On track for advances growth of 20% for the year • Advances1 growth of 20% y-o-y and 6% q-o-q to Rs. 31,655 Crs • Secured growth rate of 34% y-o-y and 8% q-o-q • MSME growth back, on track for more than 20% annualised growth • Gold - 18% q-o-q, Two wheeler 13% q-o-q and Affordable housing 7% q-o-q g
Slide 10: GLP crosses Rs 30,000 Crs with Affordable Housing and Micro LAP book of 13,000 Crs
GLP crosses Rs 30,000 Crs with Affordable Housing and Micro LAP book of 13,000 Crs; Secured growth @ 8% q-o-q Average Advances1 Advances1 Category of Advance1 GLP Ticket Size Growth Growth GNPA3 NNPA3 LTV4 (As at September 30, 2025) (Rs. Mn) 2 y-o-y q-o-q Affordable Housing 7,000 1.22 34.4% 7.1% 0.6
Slide 11: Secured loan on track to 80% with geographic diversification maintained
Secured loan on track to 80% with geographic diversification maintained Moving towards 80% secured Top 3 states 39%. No concentration Maharashtra Tamil Nadu Karnataka Gujarat Secured Advances1 (Rs. Crs) 22,952 Madhya Pradesh Rajasthan Uttar Pradesh Others 21,244 20,633 72.5% 69.8% 71.0% 32% 33% 34%
Slide 12: Bring Your Bank Home
Bring Your Bank Home Home Loan leading to Anchor Bank with Multiple Product Offerings and Special Benefits Two Wheeler loans • Pre-approved Two Wheeler loans Pre-approved Business Loan • 100% funding to the vehicle value • Additional Pre-approved line upto Rs. 5 lakhs available • Lower Processing fe
Slide 13: Anchor Bank Positioning for Rising India
Anchor Bank Positioning for Rising India #Average CASA Penetration TD/RD Penetration Health Insurance Penetration Relationships 99% 99% 92% 91% 3.9 21% 3.7 19% Q2 FY25 Q2 FY26 Q2 FY25 Q2 FY26 Q2 FY25 Q2 FY26 Q2 FY25 Q2 FY26 Gold Penetration Preapproved Business Loan TWL Penetration CASA AMB Balances
Slide 14: MFI – improved disbursement resulting in growth in Q2
MFI – improved disbursement resulting in growth in Q2 Product Wise Digital y-o-y q-o-q Sep-25 ATS2 GNPA3 NNPA3 PCR Advances1 Payment Growth Growth Individual Loan 4,985 43.5% 52,912 (0.5%) (1.3%) 1.6% 1.0% 38.6% - Agri 1,411 29.0% 48,957 25.3% (5.2%) 0.6% 0.2% 65.6% - Non Agri 3,574 49.7% 54,653 (8.
Slide 15: Deposit Leads the Growth Story
Deposit Leads the Growth Story • Deposits growth of 31% y-o-y and 11% q-o-q to Rs. 32,532 Crs • CASA growth of 20% y-o-y and 14% q-o-q to Rs. 5,960 Crs • Term Deposits growth of 34% y-o-y and 10% q-o-q to Rs. 26,572 Crs • CD ratio at 82.7% after adjusting for refinance which was availed from NABARD,
Slide 16: Reduction in cost of funds along with overall growth in Deposits
Reduction in cost of funds along with overall growth in Deposits Top 3 states 33%. No concentration Particulars Sep-25 Jun-25 Sep-24 q-o-q (%) y-o-y (%) Karnataka Maharashtra Punjab West Bengal CASA 5,960 5,233 4,977 13.9% 19.8% Tamil Nadu Delhi Uttar Pradesh Others TD 26,572 24,193 19,831 9.8% 34.0
Slide 17: Expanding Digital Footprint
Expanding Digital Footprint Jana Digitization 90% + Digital Uptake 98 % 99% 99% Digital Highlights Digital Channels Banking transactions Loans are Digitally Sales force use are Digital processed TAB/Mobile Key Highlights Merchant QR 21,414 QR Codes Installed across merchants Continued to be the top
Slide 18: Q2 Highlights q-o-q – GLP / Deposits crosses Rs 30,000 Crs
Q2 Highlights q-o-q – GLP / Deposits crosses Rs 30,000 Crs Assets Liabilities Asset Quality Capital Quality Return Ratios P&L Metrics Rs. 31,655 Crs Rs. 32,532 Crs 2.8% Rs. 410 0.7% Rs. 75 Crs 5.8% 10.6% [2.8%] [Rs. 403] [1.1%] [102 Crs] Advances1 Growth Deposits Growth Gross NPA3 BVPS ROA PBT (q-o-
Slide 19: H1 Highlights y-o-y – secured now at 73%
H1 Highlights y-o-y – secured now at 73% Assets Liabilities Asset Quality Capital Quality Return Ratios P&L Metrics Rs. 31,655 Crs Rs. 32,532 Crs 2.8% Rs. 410 0.9% Rs. 177 Crs 19.9% 31.1% [2.9%] [Rs. 369] [1.6%] [249 Crs] Advances1 Growth Deposits Growth Gross NPA3 BVPS ROA PBT (y-o-y) (y-o-y) 73% 6
Slide 20: Key Financials
Cor y Jana Small coo Finance Bank A SCHEDULED COMMERCIAL BANK Key Financials
Slide 21: Financial Ratios
Financial Ratios RoA and RoE Yield and NIMs Adjusted RoE (%) Adjusted RoA (%) NIM (%) Yield on advances (%) 23.7% 17.6% 19.1% 16.5% 16.2% 16.3% 18.5% 13.7% 7.9% 6.7% 6.6% 6.7% 2.6% 1.5% 2.2% 2.0% Q1 FY26 Q2 FY26 H1 FY25 H1 FY26 Q1 FY26 Q2 FY26 H1 FY25 H1 FY26 Operational efficiencies Total Revenues
Slide 22: Credit cost summary
Credit cost summary Particulars Q3 FY25 Q4 FY25 Q1 FY26 Q2 FY26 Regulatory Provision 81 76 46 132 Accelerated Provision 93 97 150 72 Credit Cost 174 173 196 204 Less: Recoveries under Other Income 37 42 31 33 Less: Accelerated Provision 93 97 150 72 Net Credit Cost 44 34 15 99 GNPA Movement Q3 FY25
Slide 23: Strong PCR across all businesses especially Secured
Strong PCR across all businesses especially Secured GNPA and NNPA Restructured Portfolio @ 0.2% of Advances2 Particulars Secured Unsecured BC Total Particulars Sep-25 Group Loans 1 Gross NPA 255 288 328 871 Agricultural and allied Loans 0 Net NPA 145 95 39 279 Individual and Micro Business loans 0 L
Slide 24: P&L Statement
P&L Statement Break-up of Other Income for Q2 FY26: Particulars Q2 FY25 Q1 FY26 Q2 FY26 H1 FY25 H1 FY26 Other Income includes: • Commission, exchange and brokerage – Interest Income 1,166 1,252 1,305 2,333 2,557 Rs. 188 crores [Rs. 169 crores]: Interest Expense 572 655 686 1,129 1,341 • Processing F
Slide 25: Balance Sheet – Robust Financial Position
Balance Sheet – Robust Financial Position Sep 30, June 30, Sep 30, Borrowings: Particulars 2024 2025 2025 CAPITAL AND LIABILITIES Borrowings includes Capital 105 105 105 • Refinance - Rs. 2,823 crores • Tier-2 capital - Rs. 125 crores Reserves & surplus 3,756 4,126 4,209 • Others incl call - Rs. 863
Slide 26: Guidance for FY 2026
Guidance for FY 2026 We continue to serve aspirational India, underserved both on deposits and loans We continue to increase our secured business proportion each year. We are creating a sustainable, predictable and long term franchise. Digital with high standards of governance and customer service a
Slide 27: Experienced and professional management and Board
Experienced and professional management and Board Experienced board with diverse business experience in well-known financial services institutions and banks Name & Designation Past Experience Name & Designation Past Experience Name & Designation Past Experience Ramalingam Ramaseshan • National • Sta
Slide 28: Experienced and professional management and Board
Experienced and professional management and Board International best practices in risk management, compliance and governance introduced by management with an average experience of ~29 years in financial services Name & Designation Past Experience Name & Designation Past Experience Name & Designation
Slide 29: Jana's excellence being recognized at different Forums
Jana’s excellence being recognized at different Forums In July 2025, JSFB has been honored with the “Highest Guarantee Coverage, FY 2025” award under the Performance-Based Award (Small Finance Bank category) by the Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE) during its Silve
Slide 30: Thank You
Jana Small Finance Bank A SCHEDULED COMMERCIAL BANK Thank You
Slide 31: Innovative Product offerings
Innovative Product offerings 31
Slide 32: Best-in-class segment offerings
Best-in-class segment offerings 32
Slide 33: Abbreviations
Abbreviations Abbreviation Expansion Abbreviation Expansion BC Business Correspondents MFI Micro Finance Institution CAGR Compounded Annual Growth Rate MSME Micro, Small and Medium Enterprises CASA Current Account and Savings Account NACH National Automated Clearing House CGFMU Credit Guarantee Fund
Jana Small Finance Bank — Q2 FY2026 Earnings Presentation on 6ix